Era: I was a farmer at the foot of Yaoling Mountain

Fragrant Hills.

Xiangyang Locks' first production line in Xiangshan has officially started operation, but the pressure is increasing.

After completing its resource integration, Pioneer Mingguang Locks launched a fierce offensive.

Within a month, Xiangyang Locks lost at least three major orders to competitors. Fan Zhipeng was too familiar with his former employer, and his moves were deadly. He even poached several of Xiangyang Locks' top sales representatives.

At present, the salary reform of Xiangyang Locks has not been completed, and external employees are easily attracted by high salaries to switch jobs.

Lu Zhiwen gritted his teeth and persevered. During this period, the company mainly relied on business in Xinlin County for financial support, while business in Xiangshan continued to suffer losses.

The news of Xiangyang Locks was relayed back to the company. Cai Tong and others were still busy with spring planting, so they held a meeting at the Yaoling Township Cooperative in the evening. Fang Wei also attended the meeting.

"Now that Fan Zhipeng has turned on us, the hardware factory is going to have a tough time."

The hardware factory is actually a branch of Xiangyang Locks, as the head office has moved to Xiangshan.

Cai Tong felt somewhat helpless. Fan Zhipeng had been immersed in the lock industry for many years and was very familiar with his former employer's situation. This battle with Lu Zhiwen would not be easy.

The key is that the other party took advantage of the gap in the expansion of Xiangyang Locks to complete the resource integration in advance, which is why we have the current effect.

"President Cai, we should try our best to acquire one or two lock companies in Xiangshan so that we can compete with Xianfeng Mingguang."

Some people brought up the old issue again, arguing that they were building new production lines too slowly and that acquiring existing factories was the best option.

However, some people raised objections, arguing that acquiring a company is not a trivial matter. The company only made its move when there was a suitable opportunity, and forcing it now when there is no opportunity will only have the opposite effect.

There was a lot of discussion, with some nitpicking the details, but overall the suggestions seemed rather weak and ineffective.

Fan Zhipeng and his team at Xianfeng Mingguang have gone on a killing spree. Not only is Xiangyang Locks struggling, but other lock companies in Xiangshan are also feeling the chill.

Fang Wei didn't interrupt. Everyone's suggestions had some merit, but they couldn't form a systematic solution.

Of course, we can't blame everyone for this, since Yaoling Agricultural Group is an agricultural company and isn't very familiar with the lock industry, which it operates in.

The hardware factory used to dominate the province, but it was only when it moved to the coastal areas of Guangdong that it truly experienced how brutal close-quarters combat was.

To be honest, Lu Zhiwen's response was basically flawless. The company is currently in a painful transition period, and the fact that he can hold on is already quite an achievement.

"Let me say a few words. Manager Lu has not formally asked us for help so far, which means that although his situation is very difficult, it has not reached the point of no return."

Everyone's points were very good, but there's a problem: your suggestions only address immediate responses. In reality, Fan Zhipeng isn't as powerful as he appears. Let me explain.”

Fang Wei wasn't exactly an expert in the lock industry either, but he didn't need to know too much about it. He should leave the professional work to the professionals, and Lu Zhiwen's performance so far had been commendable.

He stepped out of the various details and analyzed it from another angle, revealing that Fan Zhipeng and his pioneering Mingguang actually had many flaws.

First of all, Pioneer Mingguang has a very high debt ratio. The Mingguang Locks company founded by Fan Zhipeng was just a shell company, and the acquisition of Mr. Wu's company was done with bank loans.

The same goes for Pioneer Locks; it still owes the bank 3800 million yuan.

The integrated Xianfeng Mingguang has a fatal weakness: the company must maintain a high-speed development pace, and once it encounters setbacks, its capital chain may break.

Secondly, this company is a Frankenstein's monster, forcibly put together, and Fan Zhipeng used many despicable means in the process.

Everyone says that Pioneer Mingguang has completed its integration, but in reality, it is far from being well integrated.

The conflicts between Fan Zhipeng and his cronies, the owner of Xianfeng Locks, and the original employees, as well as the conflicts between the two sides and the employees of the acquired company, could not possibly be resolved in such a short period of time.

The conflict hasn't erupted yet only because the vanguard Mingguang is rapidly conquering territory. Once the offensive is halted, the internal conflicts will inevitably erupt into a full-blown conflict.

Finally, funding is a weakness for Vanguard Mingguang, which can become a fatal flaw at critical moments.

"Therefore, what we should do most now is to unconditionally trust Lu Zhiwen and provide him with the necessary personnel and funds. The reform plan submitted by Manager Lu must be approved as soon as possible. It's just a matter of spending money, right? Are we at Yaoling Agriculture afraid of spending money?"

Fang Wei meticulously unraveled the mystery, ultimately revealing the core of the matter.

Sometimes, we can't judge a problem by its appearance alone, nor should we be preoccupied with short-term gains or losses. The key for Xiangyang Locks now is to focus on internal matters, quickly build up production capacity, innovate, and complete Lu Zhiwen's reform plan.

The first step is to improve employee compensation and benefits, and to refine the reward and punishment system.

Secondly, we should strengthen research and development to enhance our technological capabilities and strive to build an effective sales network.

The process will inevitably be bumpy, but that's okay, Xiangyang Locks' parent company will provide financial support. Losses are nothing to fear; as long as you persevere on the right path, you will surely succeed.

"Does the Party Secretary mean to wage a war of attrition against the opponent? To use our strengths to attack their weaknesses?"

After careful consideration, Cai Tong and the others realized that this was indeed the case. Fan Zhipeng and his Vanguard Mingguang's biggest problem was their weak foundation. Not only were they short of funds, but they were also heavily indebted. If it really came down to a war of attrition, their opponents would definitely lose.

Yaoling Agriculture, a restaurant chain, has strong financial resources and generally lets its subsidiaries develop on their own, rarely providing substantial financial support.

These money-burning games weren't on their list of options, but after Fang Wei's analysis, they didn't seem like a bad idea.

Everyone reached a consensus and then began to review the reform plan submitted by Lu Zhiwen. The highlight of this plan was salary reform, which was closely related to the reason why some people from Xiangyang Locks were poached.

"Let them try it first. Even if they fail, it doesn't matter. The problem of one company won't affect the whole. Once it succeeds, we can implement it in all the companies under the company."

Ultimately, the final decision was made, and the proposal was approved.

Next, Cai Tong and others discussed the matter of investing in Xiangyang Locks. They debated for quite a while before finally deciding to invest 6000 million yuan in Xiangyang Locks and continue to attract talent to join the company.

With this money, the company's development pressure was immediately reduced a lot.

Xiangyang Locks has a good reputation in the industry and abundant technical reserves, so it is sure to be able to turn the tide.

After the meeting, it was past midnight, and Cai Tong and the others were all complaining of being extremely hungry.

"Where can we get food at this hour? Come to my house, I'll cook you a bowl of noodles."

Fang Wei invited everyone to his home for noodles with a smile. He figured his older sister and Pan Lianhua were probably asleep by now, so he could make something to eat himself, though the taste was hard to guarantee.

Cai Tong and the others waved their hands with a smile and said, "Forget it, it's so late, let's not bother each other. Let's get some sleep and eat later."

Fang Wei didn't insist and returned home alone.

The next day.

Upon receiving instructions from Cai Tong, the relevant departments of the company quickly issued approval for Xiangyang Locks' reform plan, and the finance department also transferred 3000 million yuan to Xiangyang Locks in advance.

The second installment of 3000 million yuan will likely be received in about a month.

Upon receiving the company's approval and the first installment of capital increase, Lu Zhiwen's confidence soared. "An army marches on its stomach," as the saying goes; with supplies in hand, most of the problems were essentially solved.

Time flies, and various units have begun transplanting rice seedlings one after another.

This year, the company needs to cultivate rice varieties such as [Nanguang No. 4], [Nanguang No. 5], [Nongyou 83], and [Nongyou Boutique 016], as well as seeds for crops such as [Nandou 336], [Yuxiang No. 1], peanuts, soybeans, and vegetables.

During this process, Wang Songlin called to announce the successful cultivation of a new generation of honeydew melons.

"You guys are really fast! Let me see what advantages the new variety has."

Fang Wei drove to the Yao village and seemed very happy.

Although honeydew melons are not a very important crop, the progress made so quickly was still a bit of a surprise to him.

The new generation of honeydew melons has increased production by more than 20%, and the taste is better, sweet and delicious, especially with the addition of a honey aroma, making the overall flavor more complex.

"We were also lucky; a large-scale mutation occurred during the second round of planting. The mutated variety is really perfect. I estimate that the new generation of honeydew melons will sell like hotcakes as soon as they hit the market."

Wang Songlin was also very happy, as cultivating a new generation of honeydew melons was easier than he had expected.

Of course, luck plays a major role, but luck is also a part of ability.

"Songlin, you need to expedite the verification process here, then start breeding, and strive to have it on the market in batches by the end of this year."

Fang Ping examined the samples and then reviewed the planting records, concluding that the new variety of honeydew melon was fine.

However, the subsequent verification and trial planting work must be carried out step by step, and it can be finalized by the second half of this year at the latest.

To celebrate the initial success of the research on the new generation of honeydew melons, Fang Wei treated everyone to a meal in the county town. There would also be plenty of follow-up rewards, and everyone was very happy.

As before, the academic achievements of the new generation of honeydew melons belong to the Institute of Crop Science and the Institute of Agricultural Sciences, while the economic benefits belong to him.

The secret to the success of these projects lies in the bonus effect of attributes. Although it may seem like they don't require much attention, adjusting various attribute values ​​is the key to success without exception.

Of course, his personal economic gains are not much, and the percentage of commission he receives after licensing is very small, but he has so many patented achievements that several million yuan a year is nothing to him.

This is still the result of him making significant concessions.

It can be said that every flagship product of Yaoling Agriculture is inseparable from Fang Wei's authorization. (End of Chapter)