Journey 1995:Non-Stop

Chapter 354 Company Structure Setup (Part 1)

From Yan Hui's perspective, there are simply too many things to manage in the company. If he hadn't personally built the company, he wouldn't have been able to keep track of all of them.

On the business side, he would accompany any major client on a business trip to sign a contract.

In the finance department, there are hundreds of thousands of yuan in cash flow every day. He can't afford to ignore it. Having learned his lesson the hard way, he is never ambiguous about financial matters.

As for safety in production and other aspects, he cannot overlook any of them.

At this point, it seems like you've succeeded, but it's precisely at this stage that it's impossible to stop.

As firecrackers went off, the company officially began constructing its perimeter wall, and the construction of its office building was also officially put on the agenda.

After several days of communication, construction on the perimeter wall officially began, while the office building required further planning. Yan Hui planned to build a three-story office building with a floor area of ​​approximately 2000 square meters, costing about 3.5 million yuan including decoration, with a construction period of about one year. The office building has a different structure from the workshop; it is not a steel structure, so the construction period will be longer.

For such a large factory, building a wall is no simple matter. Most factories have iron railings as their walls, but Yan Hui is quite experienced. He plans to go all out and build a 2.5-meter-high wall, topped with 50-centimeter-high barbed wire, and a 25-centimeter-thick wall. He also plans to install surveillance cameras in key areas.

Compared to when Yan Hui first arrived, surveillance cameras are now much cheaper. He inquired and found that a usable surveillance system could be installed in the workshop and surrounding areas for just over 100,000 yuan.

Despite Yan Hui's seemingly carefree attitude when he returned to his hometown, he was extremely meticulous when it came to company security. Once the high walls, security grilles, and surveillance cameras were installed, access to the entire factory, except for a few entrances and exits, was completely restricted. As for vehicles, every vehicle would be subject to an entry/exit registration system, with entry and exit times and driver's license registration strictly enforced.

The good thing is that Yan Hui has absolute control over the company. Whether it's spending more money to repair the perimeter wall, build office buildings, or lay cement in more areas of the construction site, there is no resistance.

In May, the company finally had about four million yuan in its account again. Yan Hui immediately took out three million yuan and, together with Chen Jian, purchased four important pieces of equipment.

Fully automatic tube packaging machine, 141 million.

Fully automatic rigid tube packaging machine, 109 million.

Hydraulic press, 318313.5 yuan.

A 3-ton forklift costs 51300 yuan.

Yan Hui and Chen Jian had discussed that experimental equipment needed to be purchased gradually, but production equipment could not be compromised. With the addition of these machines, the company's production capacity further increased, reaching 25 polyurethane units packaged per month. Not only did output increase, but product quality and packaging also improved significantly, and the packaging level was greatly enhanced.

Yan Hui looked at the new product, deeply moved. Although the internal chemical composition of his product was the same as that of the imported glue, the difference in packaging was enormous. The imported glue looked high-end, while his product resembled something from a small workshop. With the new packaging machine, he had completely reversed his decline, significantly upgrading the product's appearance, all without raising the price!
The launch of the "new product" quickly garnered praise from many customers, who felt it looked more upscale and was easier to use. This led some large automakers to reassess Yan Hui's products, creating a demand for increased orders. This demand perfectly matched Yan Hui's additional monthly production capacity of 50,000 units. In July, the company's accounts were overflowing with cash. Yan Hui successfully purchased a BMW 525Li (L6 engine) with a list price of 612000 yuan, and an Audi A6L 2.4 Technical Edition (V6 engine) with a list price of 432600 yuan. He also hired a driver specifically for Chen Jian.

Since Liu Wei was already seven months pregnant, Yan Hui and Chen Jian discussed it and decided to give Liu Wei an Audi car with a driver, which moved Chen Jian deeply.

Having made money during this period, Yan Hui used most of it for the company's construction and gradually began to repay the loans, first paying off the 220 million yuan loan for the company's factory.

The company currently only has an 800 million loan for the land; the factory buildings and equipment are no longer secured by collateral.

At this moment, although the company's factory area is the same as last year, it can easily obtain a loan of 500 million yuan. This is mainly because Yan Hui has invested a lot in the interior of the workshop, and the construction of the internal partition area has also cost a lot of money.

At present, the company's equipment and machinery are worth more than 1000 million.

After Yan Hui finished repaying the factory loan at the bank, the bank manager became somewhat uneasy: "Mr. Yan, I don't think you need to repay the 800 million loan for the land. Land loans are relatively stable loans anyway. I think we can discuss the interest rate internally."

Heng Hui Chemical is no small company to be trifled with these days, because Yan Hui's bank account flows through this bank, and the bank is well aware of just how formidable Heng Hui Chemical's growth is. The more powerful a company is, the more the bank wants to lend to it.

There's really no way around this. Banks primarily profit from interest rate spreads, and no bank dislikes a large, financially capable loan customer. Given Heng Hui Chemical's current situation, the bank would be more than happy to lend Yan Hui another 1000 million!
If Heng Hui Chemical wants to borrow 1000 million yuan now, it will be approved almost instantly.

"President Zhang, I heard you're taking on more responsibility recently. Congratulations! Don't worry, we won't be repaying loans at this crucial juncture. Once you're at the branch, we'll consider lending even more," Yan Hui said with a smile.

"Mr. Yan is indeed a big entrepreneur, and he comes into contact with so many leaders that you even know about this little thing of mine. Now that you mention it, I feel ashamed. Back when you were starting your business, I really should have tried my best to get more loans for you! But don't worry, no matter where I work, as long as it's a loan that meets the regulations, I will definitely try my best to get it for Mr. Yan." President Zhang regained control of the conversation.

"Zhang Xing is really a good friend. Don't worry, we won't switch banks casually." Yan Hui felt that Bank Manager Zhang was getting a little cocky, so he casually remarked.

"Don't worry, Mr. Yan, I will do my best within my authority and responsibility!" Upon hearing this, President Zhang immediately became serious.

By the second half of the year, the chemical plant had become a veritable money-printing machine, with an average daily net profit of over 12 yuan and a staggering monthly net profit of 360 million yuan. This was even after adjusting prices to compete with Dr. Luo's side.

If there is no competition in the market now, Yan Hui will immediately build a second workshop, and the profit margin will be further improved. It may become a cash cow with a monthly net profit of 1000 million yuan in a year, completing a small monopoly in the national market.

Of course, this is just a thought. Due to the existence of competitors and the limitations of Chen Jian's personal energy, production capacity has basically reached its limit.

(End of this chapter)