Siheyuan's Journey Through the Ages

Chapter 150 Open and Honest Communication
A week later, Ma Qing and Wang Cheng made an appointment to meet at Yaguang Zhisu. Before Wang Cheng arrived, Yaguang Zhisu's weekly summary meeting was held as scheduled.

"Mr. Ma, orders continue to increase this week, up 50% from last week. I have arranged to continue recruiting workers. I have decided to recruit 100 people at a time and add another production line to meet the production tasks of new orders." Director Yang was making a report.

“It’s not enough. We are hiring 500 people at one time. You may not understand the size of Jiulong Commerce in the trade system. We have just started our cooperation and the order volume has not exploded yet. You must have confidence in your products and the purchasing power of the world’s market.

Mr. Hu Xiaoqing's radio factory produces 25 radios a month. 25 radios. How much does a radio cost? How much does one of our toys cost? Tell me, if we sell our toys all over the world, how much would we sell in a month? "

Ma Qing's voice full of temptation reached everyone's ears, making everyone excited, especially Zheng Yumian, who skipped class to attend a meeting at Yaguang Zhisu. He was once again full of confidence in his investment.

"It takes time to train workers. The technical department and I have already completed another production line in the second workshop. You leaders should pay attention and study the factory management manual I sent you to raise your management level to a higher level."

"In addition, our current product packaging needs to be modified. I designed the Yaguang Zhisu trademark and it has been successfully registered with the Hong Kong government. In the future, our Yaguang Zhisu trademark will be printed on the products and product packaging. Our patent number will also be printed on the product packaging. Deputy Director Liu will be responsible for this. I want to make Yaguang Zhisu a toy brand."

At this point, Ma Qing concluded: "So, I will not allow unqualified products to leave the door of Yaguang Zhisu. Director Yang, set up a special quality inspection department and you will be the director. If there are quality problems, I will not look for anyone else but you."

After the meeting, Ma Qing made another request to Zheng Yumian: "Mr. Zheng, Yaguang Zhisu is developing well now, you have to contribute as well."

"It's our own business. You decide what you want me to do." Zheng Yumian now has high hopes for Yaguang Zhisu. Whether he can surpass his cousin in career depends on this.

Ma Qing told Zheng Yumian about his next plan in the office:

First, establish a product design department. In addition to its flagship products, Yaguang Zhisu also needs to produce other products, increase shipments, and then increase its own raw material purchases. This way, it can negotiate prices with raw material purchasers and further reduce costs.

Second, a production R&D department was established and some equipment engineers were hired, led by Ma Qing, to transform and adjust existing equipment to increase production efficiency.

Third, Ma Qing made a list of equipment and needed Zheng Yumian to help him purchase it.

"There's no need to rush these things. The company's funds are tight right now. The new production building is expected to cost 20 yuan, and raw materials and workers' wages also require a certain amount of working capital. I estimate that we can get this done within half a year."

"Also, regarding the loan for buying a property we talked about last time, please hurry up, Mr. Zheng. You are in the real estate business, so you are more professional than me in this area. This is all about money in the future."

Originally, Zheng Yumian felt it was a bit difficult to handle because Ma Qing had thrown so many tasks at him at once, but then he heard that Ma Qing had given him half a year and thought it would be easier.

"Don't worry, leave it to me. I still have some connections. The Zheng family's brand is still useful in Hong Kong. Isn't this exactly what you are planning?" Zheng Yumian immediately pointed out Ma Qing's little thoughts. "Haha, I see through it but don't say it out loud. We are still good friends."

"I brought this up just because I hope Mr. Ma will not forget my contribution and importance to Yaguang Zhisu."

When Ma Qing heard Zheng Yumian say this, he was confused. What was this person's purpose? Could it be...

"Mr. Zheng wants to develop in Yaguang Zhisu instead of just being a shareholder?"

Seeing that Ma Qing had guessed his thoughts, Zheng Yumian stopped hiding them. "Mr. Ma may not know much about the situation of our family. Ever since my cousin married the Jewel Princess, our family has been completely marginalized. He arranged a position for me as a manager of the real estate acquisition department. It sounds good to say it, but in fact, I am just a person who collects properties."

Ma Qing nodded, "In that case, Mr. Zheng, let's make a gentleman's agreement. I majored in electronic mechanics, and opening this toy factory is not the end of my career. I plan to list Yaguang Zhisu in three years. If you can give me enough help and support, it would be fine for you to be the chairman of Yaguang Zhisu in the future.

As long as you have money, there is no problem in transferring part of the shares to you, but I will not suffer a loss in terms of money. Do you have the ability to do so? "

"I don't have it, but my father does. You don't have to worry about that. I am the only son of my father. Ever since you pointed out the loan method to me, I am not afraid of having no money at all." For the first time, Zheng Yumian felt that the small number of people in his family was also an advantage.

"Damn, is Zheng Yumian's dad the legendary big owner? This is very possible. In the last life, there was a hidden tycoon in Hong Kong who owned more than 15000 units. Who knows how many such hidden rich people there are in Hong Kong now?" Ma Qing complained in his heart, "This is the benefit of having a good father, but I'm afraid that when Yaguang Zhisu goes public, you still can't afford it."

Zheng Yumian went on to say, "Mr. Ma, in this case, are you still willing to invest now? I think my 2% stake is too little. I'm afraid my stake will be severely diluted when the company goes public."

"I can sell you another 400%, million, do you want it?" Ma Qing actually didn't want to sell the shares at this time, because Yaguang Intelligent Plastics' current development momentum was too good, so he might as well offer a sky-high price to scare away the investors.

Unexpectedly, Zheng Yumian actually thought about it and agreed. He actually agreed.

Now it was Ma Qing's turn to be at a loss. He became alert, wondering if Zheng Yumian wanted to take his place.

"What do you think? Mr. Ma is not going to take back what he just said, is he afraid that my Zheng family wants to swallow up Yaguang Zhisu?" Zheng Yumian said with a smile: "In fact, Yaguang Zhisu is not worth the price now, but I have confidence in Mr. Ma's creative ideas in toy design."

It's amazing! Zheng Yumian has been stepping on the steps given by Ma Qing step by step. But getting 400 million at once is too tempting for Ma Qing. For Ma Qing, who is eager to enter the electronics manufacturing industry, with this money, he can work hard this year and compete with Samsung in the radio market next year.

(End of this chapter)