Journey 1995:Non-Stop

Chapter 362 Participating in Bidding
"Then I wish Mr. Yan a great success," Mr. Yuan said with a smile, and then handed some relevant materials and certificates to Yan Hui.

To secure this agency contract, Yan Hui also included a guarantee clause: if his total steel sales within four months were less than 10,000 tons, then Yan Hui would have to purchase the full 10,000 tons himself, and would have to pay the full amount if he breached the contract. In other words, Yan Hui would have to buy that much steel.

To this end, Yan Hui also established a new steel trading company. Setting up a company is actually a simple matter; the main thing is whether the company has the money. This wasn't a problem for Yan Hui; he had the funds. Even if he bought 10,000 tons himself, it would only cost a little over 30 million yuan. He could simply buy it back and resell it, as the profit margin for retail is higher, although the cycle is much slower.

After leaving this place, Yan Hui took the relevant documents and drove back to the chemical company's compound.

The company's office building started construction around July this year, and the first floor is now half-built. The main structure is expected to be completed between April and June next year, after which the interior decoration phase will begin. Since it's our own project, the decoration team will move in as soon as the roof is finished.

"After all these years of hard work, we're finally going to have our own office. We'll reserve a room for your drivers too," Yan Hui and Li Pengfei said.

"I'm alone, is it necessary?" Li Pengfei asked, somewhat puzzled.

“What do you mean you’re all alone? Mr. Chen’s wife gave birth, and his driver will be back next year. He can’t stay home with his wife all the time,” Yan Hui said with a smile.

"Oh, right, I've only seen him two or three times, I'd almost forgotten about him." Li Pengfei slapped his forehead.

These past few days, Yan Hui has been traveling so frequently that he's become quite disoriented while driving. The BMW's inline six-cylinder engine is incredibly smooth, offering a fantastic driving experience. At first, Li Pengfei was quite excited driving it, but now he's gotten used to it. A while ago, he was constantly accompanying Mr. Yan to Linzi, and seeing Mr. Li's driver driving a Bentley made him realize how impressive his boss's social circle was.

Upon entering the temporary office, Yan Hui told Li Pengfei to go and rest for a while, while he went back to tidy up the materials.

Several construction sites are about to begin bidding, and Yan Hui has already received the information in advance. If all goes well, he plans to participate in the bidding for a new 10-square-meter development. This is a project of Jian'an Group.

Yan Hui didn't bother President Han with this project. His status and position were different now, and he had to be careful about the impact and maintain a distance from President Han.

Recently, Yan Hui has gradually begun to feel a vague atmosphere of unfreedom.

Contrary to what many books portray, the children of the wealthy are free, while the first generation of wealthy individuals face increasing pressure the wealthier they become. Initially, Yan Hui's chemical company was booming, and he was busy making money every day without realizing it. However, after he applied for a 2000 million yuan loan, he began receiving numerous phone calls and attending several government meetings.

In short, he needs to shoulder more social responsibility. With great power comes great responsibility.

This feeling is real; you can only experience it once you've reached this stage.

Therefore, the more you respect President Han, the more you need to maintain a certain distance from him.

There was a very popular TV series in later years, in which the character Wang Dalu said to Li Dakang: "Chinese entrepreneurs are either in prison or on their way to prison."

Yan Hui didn't understand this statement at that moment, but having suffered greatly before, he was always quite perceptive and could sense subtle things. He knew the government needed him, and society needed him; the more difficult the situation, the more careful he needed to be. Giving gifts and drinks could certainly solve the problem—it was immediate. However, creating genuine achievements for the leadership through exceptional abilities could also solve the problem. Take Heng Hui Chemical, for example; it's now a high-tech enterprise, a company that leaders frequently mention in meetings.

From the perspective of the high-tech zone, Heng Hui Chemical is similar to a "unicorn company".

It's fair to say that without Yan Hui, there would be no Heng Hui Chemical. This is not a primary distributor of steel products.

The primary distributor of steel would have been someone else even without Yan Hui; it's an ecological niche created by the times, and only capable people occupy it. But Heng Hui Chemical is different. Without Yan Hui, the High-tech Zone would certainly not have this industry. That's what a truly outstanding person should do.

His abilities, luck, and work style combined gave him the ability to earn relatively legal and clean money.

Only those who have lived through this era truly understand the immense value of the above statement.

Although it wasn't convenient to contact General Manager Han every day, he could still call him, and Yan Hui knew many people in the Jian'an Group. His plywood business had been operating continuously and had completely monopolized the region. Since getting into polyurethane adhesives, Yan Hui's influence in the chemical industry had greatly increased. He simply found a few people and provided Factory Manager Xiang's factory with cheaper urea-formaldehyde resin, further reducing costs in the supply chain.

In other words, Yan Hui didn't want to get involved in such a polluting project; otherwise, setting up a plywood factory would have been too easy for him, requiring only an investment of two or three million yuan. Yan Hui knew this, and so did the factory manager.

Now, it's not that Yan Hui can't live without Factory Director Xiang, but that Factory Director Xiang can't live without Factory Director Xiang. The two of them have an absolute advantage in terms of asset size, so Factory Director Xiang never dares to raise prices easily, even if it means squeezing his own profits.

Under these circumstances, the factory manager's business remained stable, and he was living a comfortable life, with profits from plywood alone exceeding one million yuan for five consecutive years.

In other words, Yan Hui can earn 200 million yuan a year from plywood, while Factory Manager Xiang, as the manufacturer, can only earn 100 million yuan, but Factory Manager Xiang is very content. Yan Hui's advice to him last time was very useful.

Yan Hui has already looked into Jian'an Group's new project. It has a total area of ​​approximately 10 square meters and is a large high-rise project. Each square meter uses about 75 kilograms of steel, which is 7500 tons of steel. The total bidding price is about 2850 million yuan.

As a commodity, steel prices are crucial for construction sites, so this industry is relatively regulated and prices are not outrageous.

The payment cycle for steel is one month. In fact, most of the purchases made on construction sites have a one-month payment period.

Every time Yan Hui thought about this, he felt he should be grateful to President Han. If it weren't for President Han's special approval for him to receive weekly commissions for the plywood business that year, he would never have been able to make it work, unless he had to borrow money from his brother-in-law.

In fact, if Yan Hui had asked his brother-in-law for a few hundred thousand yuan to start a business, his brother-in-law would definitely have lent it to him. However, Yan Hui had a stubborn sense of pride at the time, which made him unwilling to accept too much financial assistance from his family.

Like many young people, he was ambitious and believed he could achieve everything through his own hard work without relying on his family. From today's perspective, Yan Hui was somewhat naive back then, but without that kind of personality, he wouldn't be where he is today.

(End of this chapter)