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Chapter 11 Acquisition of a Factory

During a beautiful turn, the pickup truck parked steadily next to the passenger station, and the passenger entrance and exit were not far away.

At first glance, he saw Lu Xuedong, who was like a nerdy person. He hurriedly opened the car door and shouted: "Xuedong, here."

Lu Xuedong was dealing with two motorcycle drivers at the entrance and exit. When he heard a familiar voice, he immediately turned his head and waved with joy: "Xiuyuan."

Seeing Huang Xiuyuan and Huang Weichang, who were following closely behind, and the two motorcycle drivers also knew that the business had been ruined, so they went to look for other customers.

Huang Wei often walked over and quickly took the luggage.

Huang Xiuyuan and Lu Xuedong started chatting.

The pickup truck started again and headed towards Pubian Town.

"I thought you would have to come in a few days, so now I can only stay in my house temporarily."

Lu Xuedong smiled and said, "It doesn't matter, I'm not a spoiled person either."

"By the way, you're here just right, help me with it. There are too many things." Huang Xiuyuan patted his forehead, looking like a headache.

He is indeed very involved in many things, including company venues, company registration, personnel recruitment, company articles of association, and laboratory preparations, which are all things that need to be solved in the near future.

I welcomed Lu Xuedong and took a day off.

February 13th, the eighth day of the Chinese New Year.

The three experimental equipment suppliers arrived as scheduled, and the terms that the two parties should discuss had been communicated long ago. Huang Xiuyuan did not talk nonsense with them. After confirming that the contract was not problematic, he quickly signed the procurement contract.

Remit 30% of the deposit to the other party’s company’s account.

It was then agreed to deliver these experimental equipment within half a year, which also includes installation and debugging, as well as part of the after-sales service in the future.

Complete three experimental equipment procurement contracts.

The next day, while the applicant did not come, Huang Xiuyuan brought Huang Sixiao, Huang Weichang, Lu Xuedong and the four of them together.

"Xiaoyuan, this is Hanhai Clothing Factory." Huang Sixiao introduced him.

The location is Hongcao Town next to Pubian Town, which is closely connected to Pubian Town. The factory area is quite large and surrounded by a wall. It is estimated that it has about 40 acres.

At the entrance of the factory, a short and fat middle-aged man, wearing a gold ring and a big gold chain, saw the pickup truck stop and hurriedly came to meet him:

"Boss Huang, please come inside."

Obviously, the other party regarded Huang Sixiao as the principal, which made Huang Sixiao a little embarrassed and explained it to the other party.

Huang Xiuyuan didn't care much, but observed the situation on the venue.

Looking at the empty production workshop, next to the first factory building, there was a second unfinished factory building. Before he came, he had learned about the situation of this clothing factory.

The other party specializes in producing shirts for American customers. In fact, the subprime mortgage crisis began last year. As a pure export-oriented enterprise and a clothing OEM with no technical content, facing the subprime mortgage crisis is simply a nightmare.

Han Hai, the owner of the clothing factory, just took out a loan in the first half of last year and acquired 20 acres of land next to the factory and was preparing to expand the scale. As a result, the overall order in the second half of last year dropped by about 36%.

In the first quarter of this year, the situation was even more unoptimistic. One of the buyers went bankrupt, resulting in his final payment being unable to be collected.

As for orders, it plummeted to less than 20% of the same period last year, which was like a sudden rain.

The pressure of loans has become bad debts, the sharp drop in foreign trade orders, and the increasingly severe subprime mortgage crisis in foreign countries have prevented Han Hai from constantly surviving.

Huang Xiuyuan estimated it and asked, "Boss Han, how much do you plan to sell it?"

"30 million." Han Hai blurted out.

"30 million? Haha!" Huang Xiuyuan smiled and shook his head: "I see that it is up to 2 million."

"What?" As if he was stepped on his tail, Han Hai jumped up: "I sold the land, more than that. Is Boss Huang here to spend Han?"

Huang Xiuyuan, who was still calm, took a sip of tea and slowly stated: "You used the twenty acres of land and factory buildings of the clothing factory as collateral and borrowed 7 million from the bank. This is a fact!"

"Uh..." Han Hai was speechless.

Huang Xiuyuan said, as if he was talking to himself: "Including bank interest, wages arrears, and debts for purchasing materials, how much working capital do you have?"

These words hit Han Hai's heart. At some point, a layer of sweat appeared on his forehead, and he pretended to be calm and stubborn:

"Boss Huang, you don't have any sincerity at this price. If you don't want it, others will ask for it."

"Is that true?" Huang Xiuyuan stood up directly: "Let's go! Go to the next factory to take a look."

After saying that, he walked towards the door, and Huang Sixiao and the other two hurriedly got up and followed.

Looking at Huang Xiuyuan and others without a pause, Han Hai was also anxious now. He did not expect the other party to be so direct.

His face changed for more than ten seconds. As Huang Xiuyuan and the other four were about to walk out of the factory gate, he finally spoke: "Boss Huang, wait a moment, wait a moment."

Huang Xiuyuan turned around calmly: "Boss Han, do you still want to keep us for lunch?"

"Boss Huang, everything is easy to discuss. How about this price of 15 million yuan?" Han Hai chased after him and said his heart's price.

However, Huang Xiuyuan shook his head: "2 million, I have taken over the factory debt, including the bank's debt and workers' wages. In addition, I don't want your equipment. I will sign a contract if I don't succeed."

"Don't have equipment?" Han Hai quickly calculated that the current situation in his factory was really unsustainable.

The problem of bank loans alone is a big trouble. The loan expires in April this year, and the annual loan interest rate is 7.8%. This is the loan he only got after finding a way out.

Now working capital is invested in the construction of new factories and purchasing equipment, and the final payment is bad, and the working capital is empty.

Once the loan expires, he cannot afford to pay, and the 20 acres of land and factory buildings used as mortgage will be taken away by the bank.

Now you don’t have to bear the debt, you can take away the equipment, and there are still two million. If you work harder, you may make a comeback.

"I agree."

"Then let's have a happy cooperation." Huang Xiuyuan stretched out his hand and shook hands.

We had a meal together at noon and hired another lawyer. The two parties quickly signed a contract and transferred Hanhai Clothing Trading Company to Huang Xiuyuan's name.

The next thing is not over yet, and the company needs to change its business license, business scope and some other things about the company, especially confirming the transfer of debt.

That night.

The office of the clothing factory is still brightly lit.

"Uncle Xiao."

"Xiaoyuan, what do you want me to do?"

"Together with Accountant Li, you will start arranging workers to come back to settle their wages tomorrow. This is a list of layoffs." Huang Xiuyuan handed over a document.

Huang Sixiao hurriedly took over, and except for four security guards, three kitchens, six cleaning staff, one electrician, and Accountant Li in front of him, the others were fired.

"Xiaoyuan, will this compensation be too high?"

"It is not easy for workers to do things according to law." Huang Xiuyuan's attitude was firm.

In fact, if he is so ill-hearted, he can never give any compensation for dismissal, because most of the employees in the clothing factory have not signed labor contracts and are temporary workers.

The salary that Han Hai pays to ordinary workers is only 1,200 per month. This requires the basic amount to be completed every month before it can be received. Finally, it is the piece-based commission that exceeds the amount.
Chapter completed!
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