Siheyuan's Journey Through the Ages

Chapter 139 The Factory Finally Owned

"Come in." Ma Qing looked at the three documents in his hand. These were the results of Wang Cheng's work this week. They were the preliminary information of three plastic products companies and were the result of Ma Qing's selection.

"Mr. Ma, what do you want me to do?" Zhang Lize asked respectfully while standing in front of Ma Qing's desk.

"Please take a seat first." Ma Qing nodded and motioned Zhang Li Ze to sit down. "Here are the information of three companies. Take a look first and compare them with Chen Xiaobai and Wang Tianzhi. Which company's products overlap the most with our current trade products? Which company can quickly replace our existing suppliers? And from your trade perspective, you don't have to worry about the price and quality of the products. I guarantee the best price and the best quality."

"Get this done as soon as possible and give me an answer. Also, go out and call Liu Boqian and Zhang Zeshui in."

"Okay, Mr. Ma, I can finish this before leaving get off work." Seeing that this was a simple matter, Zhang Lizhe immediately made a promise to Ma Qing.

Not long after Zhang Lizhe went out, Liu Boqian and Zhang Zeshui also came in.

Ma Qing didn't waste any words. "I'll give you two a task. The company has 15 yuan in cash now. I think it's a waste to keep this money in the account. Director Zhang, how much money can we take out while ensuring the normal operation of the company?"

"Although we have about 5 yuan in accounts receivable and payable, suppliers dare not push us too hard under the current circumstances. As long as our funds are flowing, we can probably come up with around 12 yuan. Mr. Ma, what you mean is..." asked Zhang Zeshui, director of the Finance Department.

Liu Boqian, the office director standing nearby, originally thought that when Ma Qing first came to the company, he agreed to invest a large sum of money to stabilize the morale of the employees, but now he wanted to withdraw the money. He was simply going back on his word and making a fool of everyone. His sense of justice prompted him to object.

Unexpectedly, Ma Qing said, "It's like this. The current housing prices have fallen to this point. I think it's almost the bottom. You two can find an office in this building or a nearby office building for about 12 yuan and buy it in the name of the company. It will be considered as a fixed asset of our company, and you can save some rent in the future. Why not do it?"

Hearing that Ma Qing was not going to withdraw funds but to buy an office, Liu Boqian thought about it and it made sense. After all, the money was still in the company. It was just converted from cash into fixed assets, and it could save rent in the future. So he said, "Don't worry, Mr. Ma, we can put the alternative office materials on your desk within three days."

"Well, then you should put in some effort to find the most cost-effective office." Ma Qing expressed satisfaction with his subordinates' performance.

Before leaving get off work, Zhang Lizhe, Chen Xiaobai and Wang Tianzhi gave Ma Qing a work report in the conference room.

"Mr. Ma, to sum up, among these three companies, the products of Gangchang Toy Factory overlap the most with the product line of our trading company, but their toy style, quality and price have no advantages. On the contrary, the products of Lisheng Toy Factory are well-known in our industry, but the prices are too high and cannot be sold in large quantities. The other company is completely incompatible with our company." Chen Xiaobai summarized.

"I understand. Thank you, everyone." Ma Qing basically had an idea in his mind. Although the three did not express their preferences, Lisheng Toys seemed to catch their eyes. But for Ma Qing, Gangchang Toy Factory was the first choice. It had a big plate, a large piece of land, and excellent products. It was simply his chosen one.

After leaving the trading company, Ma Qing had already made the decision to start his industrial journey from Gangchang Toy Factory.

"Mr. Ma, this is Mr. Chen. The Chen family is one of the most famous families in Southeast Asia." Wang Cheng's mouth was full of honey as he boasted about the young man in front of him.

Ma Qing looked at the young man in a suit and tie in front of him. He was a pampered young man. He seemed to be a young man who took his family's money and came from Southeast Asia to start a business in Hong Kong. Cowperthwaite, the Financial Secretary of Hong Kong from 1961 to 1971, implemented a "positive non-intervention" policy in the economy, allowing the market to operate on its own.

This policy attracted a large number of Chinese businessmen to come to Hong Kong to invest and build factories, which became a trend. Of course, the advantages and disadvantages of liberalism are obvious. By 65, the market environment deteriorated and many Chinese companies, especially small and medium-sized enterprises, lost all their money. It was at this time that the young people in front of us were educated by society.

Everyone was patrolling the factory of Gangchang Toy Factory. In fact, the toy factory was already in a semi-shutdown state. Only one of the three workshops was still in operation. The workers had dull expressions, the kind of numbness that came from a complete lack of hope.

Ma Qing nodded secretly. The Gangchang Toy Factory covers an area of ​​nearly 10000 square meters, which is about 16 acres. However, there are only three factory workshops and a two-story simple office building on the factory's land. Chen Shao is unfortunate, but also lucky. He came to Hong Kong to invest in 3 and set up the framework, but then he encountered economic shrinkage and trade sanctions, resulting in the current semi-finished situation of the Gangchang Toy Factory.

"Mr. Chen, 25 is the final price I can offer. Why don't you consider it?" After careful consideration, Ma Qingxin gave the final offer.

"You are kidding me. Put aside other things, do you know how much I spent to buy the land? A full 180 million. Now you give me this price, I won't sell it at all." Chen Shao Chen Xianbo shouted.

In 1959, the average price of industrial land in Hong Kong was NT$102. By 1964, it had almost doubled. However, by 1, prices had generally fallen by 67%. Because of the various movements in Hong Kong and the fear of the northern government, a large number of landowners sold their land at any cost, and industrial land was almost half sold and half given away.

"I can understand Mr. Chen's feelings, but everyone knows the land price outside. I'm giving you the market price. As for the factory and office building, Mr. Chen should know how much they are worth. In addition, the machines in the factory are poorly maintained. I just checked and found that the machines, which are only more than two years old, are already broken. Two injection molding machines are even rusted."

"You... three hundred thousand, not a penny less." Chen Xianbo said gritting his teeth.

Ma Qing shook his head, "Two hundred and sixty thousand, let's make friends."

"Two hundred and ninety thousand, add a little more."

"Two hundred and sixty-eight thousand, let's split it between the two of us. If Mr. Chen still doesn't agree, then let it go." Ma Qing said, and walked out.

"Call me, call me." When Ma Qing was about to walk out of the workshop, he finally heard the result he wanted.

"You win, when will you sign the contract?"

"People from the accounting firm and the law firm will be here tomorrow. I think they will need some time. How about we sign the contract officially in a week?"

(End of this chapter)