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

"Mr. Wang, I cannot give you an answer to this matter right now. The company needs to hold a meeting to review the feasibility of this matter, which will take some time. Regardless of whether it succeeds or not, I will give you a clear answer in a week."

Fang Wei didn't think it was a trap, but this matter was important, and he needed to think it over carefully.

Wang Qingyu nodded, thinking that this trip hadn't been in vain; the fact that they hadn't refused meant there was still hope.

noon.

Fang Wei hosted a banquet for Wang Qingyu at the Linhe Hotel, with Lu Zhiwen in attendance. No serious business was discussed at the table; instead, they chatted about lighthearted topics and unknowingly finished two bottles of wine.

Unexpectedly, Wang Qingyu's alcohol tolerance was quite good, and he could barely be considered Fang Wei's opponent.

However, Fang Wei did not intend to get the other person drunk. Once the other person had drunk enough, the meal was over.

Wang Qingyu then left Xinlin County to wait for news. He had no better option at the moment; if Xianfeng Mingguang collapsed, all his previous investments would be wasted.

Personally, he didn't have any deep-seated hatred for Xiang Yangsuo.

If we're talking about hatred, his grudge against Fan Zhipeng is much deeper. After all, Fan Zhipeng once betrayed him by taking advantage of his trust, and he still endured it.
His years of forbearance have changed him a lot. Since he can't beat Xiangyang Locks, he might as well join them.

While the Vanguard Mingguang still has value and can fetch a good price, sell it quickly.

If you hesitate, you might become worthless.

After Wang Qingyu left, Fang Wei and Lu Zhiwen also went to Guangzhou to discuss with Cai Tong, Hu Linwei and others whether to acquire Xianfeng Mingguang.

This matter has both advantages and disadvantages, but overall the advantages outweigh the disadvantages.

"Manager Lu, please share your thoughts first."

Lu Zhiwen had naturally already shared his thoughts with Fang Wei, but Cai Tong and Hu Linwei were unaware of them.

Moreover, they weren't very familiar with the lock industry, so they naturally wanted to hear the advice of experts first.

“Xianfeng Mingguang has a very good foundation, and Wang Qingyu is not a man with many tricks up his sleeve. He just wants to minimize his own losses and repay the company’s debts.”

Lu Zhiwen stated that Pioneer Mingguang's production lines are very advanced and its sales channels are also very advantageous.

If they can gain control of the other party, Xiangyang Locks will become a true industry leader, and the company will be able to embark on a fast track of development.

Therefore, his attitude was very clear: he firmly supported taking control of Xianfeng Mingguang.

“Secretary, Manager Lu makes a lot of sense, but I still feel that this step is a bit too big. In fact, due to Fan Zhipeng's embezzlement and absconding, Xianfeng Mingguang is completely unable to compete with us. Shouldn't we play it safe?”

After considering it for a while, Cai Tong still felt it was a bit risky.

He is usually a calm and collected person, but the thought of acquiring the huge sum of money required for the acquisition of Xianfeng Mingguang's shares gives him a headache.

His opinion was to ignore Wang Qingyu and develop his own business, which would be slower but more stable.

“I disagree with Mr. Cai’s opinion. I believe that running a business requires ambition and drive. When there is no opportunity, we can lie low, but once an opportunity arises, we must seize it boldly. Therefore, I firmly support the acquisition of Xianfeng Mingguang.”

Hu Linwei was more radical than Cai Tong. He believed that this was a once-in-a-lifetime opportunity. As long as he could take over Xianfeng Mingguang, Xiangyang Locks could directly reach the top. How many years would it take to develop slowly?

You won't find another opportunity like this.

After everyone had expressed their opinions, all eyes turned to Fang Wei.

"Then let's take over Xianfeng Mingguang! Although President Cai's concerns are valid, we're taking on the risks involved. This will solve the problem once and for all, so I think it's a worthwhile deal."

After weighing the pros and cons, Fang Wei decided to acquire Xianfeng Mingguang.

Now there's no need for arguments anymore; everyone, including Cai Tong, will cooperate actively.

The company assigned personnel to develop an acquisition plan, and also sent a negotiation team to contact Wang Qingyu. Although Fan Zhipeng's shares were frozen, there are many ways to acquire a company, one of which is through capital increase and share expansion.

As for Fan Zhipeng's wishes, they are not important. The other party has already caused significant losses to the company, and the subsequent compensation alone will wipe out his shares.

After all, in cases like Pioneer Mingguang, the asset valuation amount would be very low. Shares are a very abstract concept, and their actual value depends on the company's net assets and valuation, among other things.

Fang Wei stayed in Guangzhou instead of rushing back. Little Chenchen was about to turn one year old, and he would have to come back anyway, so there was no need for an extra trip.

a few days later.

Pan Lianhua and her sister also came to Guangzhou. This time, her sister will stay, because Xuemei's mother will return to Hangzhou after Chenchen turns one year old.

As before, Fang Wei did not invite any outsiders. On Chenchen's first birthday, the family went to Yangcheng Restaurant for a meal to celebrate.

Xiao Jie also took a rare day off to reunite with her family and celebrate her nephew's birthday.

After returning home from dinner, Xiaojie took the initiative to talk to her father.

“Dad, the 200 million yuan you gave me solved a major problem for the company. With me taking the lead, almost all the employees bought shares in the company to some extent, and the company got through the crisis because of it. Our boss is very grateful to you. He said that if you have time to go to Shenzhen next time, he will treat you to a meal. Also, Xiaoyue and I get along well. I will bring him home to meet you and Mom next time I have time.”

It's clear that Xiaojie is doing well at the company; she's already a department head.

Furthermore, she and her boyfriend, Cheng Xiaoyue, had already established a relationship and were almost at the point of discussing marriage. Therefore, she informed her father in advance and planned to bring him to their home when she had some free time.

Fang Wei nodded. His daughter was getting on in years and it was time for her to get married.

However, he still needed to meet Cheng Xiaoyue first before he could express his opinion, so he only said that he welcomed Cheng Xiaoyue to his home and did not say anything else.

Xiao Jie felt a little uneasy. Then she talked to her mother about it and finally understood her father's thoughts.

the next day.

Xiao Jie returned to Shenzhen early in the morning, while Fang Wei and Pan Lianhua packed up and set off back to the village.

He doesn't need to be involved in the acquisition of Xianfeng Mingguang; with Hu Linwei overseeing it, there won't be any problems.

About ten days later, Xiangyang Locks reached an agreement with all shareholders of Xianfeng Mingguang (except Fan Zhipeng), and the company would take over Xiangyang Locks through capital increase and share expansion.

Xiangyang Locks paid 1.2 million yuan for this and acquired 67% of the company's shares, thus achieving absolute control over Xianfeng Mingguang.

The first thing Lu Zhiwen did after taking control of Xianfeng Mingguang was to purge all of Fan Zhipeng's cronies from the company and replace all the key personnel with his own people.

However, he did not touch Wang Qingyu, which was one of the conditions agreed upon at the time. Wang Qingyu remained at Xianfeng Mingguang as the vice president.

Next, he and Wang Qingyu launched a strong offensive to recover the outstanding accounts receivable. They also sued Fan Zhipeng, seeking compensation for the significant losses caused to the company.

The other party has already fled and taken a sum of cash from the company. Even if we win the lawsuit, we won't get the money back.

But don't worry, the other party still has shares, and these shares will be compensated to the shareholders proportionally.

Fang Wei witnessed the detailed events in his office and strongly agreed with Lu Zhiwen's handling of the situation. Keeping Wang Qingyu around would allow for a smoother and more complete takeover of Xianfeng Mingguang; the time saved alone was invaluable.

Another benefit is that it can win over non-Fan Zhipeng's confidants. After all, Xianfeng Mingguang is a long-established lock company with its own unique strengths, and a complete integration would also benefit Xiangyang Locks.

Wang Qingyu has no other thoughts now. Although his shareholding in the company has decreased, the value of his shareholding has increased significantly.

His investment back then was destined to be worthwhile, and it also resolved the company's debt crisis.

Fan Zhipeng, that bastard, absconded with the money, leaving him with a mess. If it weren't for Xiangyang Locksmiths stepping in, those creditors would never have let him go.

So no matter how you calculate it, he still made a profit.

With Wang Qingyu's sincere assistance, Lu Zhiwen quickly streamlined Xianfeng Mingguang's business. The integration of Xianfeng Mingguang's sales channels with Xiangyang Locks' sales channels revitalized the company.

As expected, after successfully integrating Xianfeng Mingguang, Xiangyang Locks became the undisputed industry leader.

Of course, this was also inseparable from the support of the group company. If it weren't for Hu Linwei's intervention, Xianfeng Mingguang would not have been able to get a loan from the bank at all.

It was thanks to this loan that Pioneer Mingguang had working capital.

Fang Wei put down the report in his hand, smiled slightly, and knew that he would no longer have to worry about Xiangyang Locks.

Time flies.

Summer harvest season is here again.

As usual, Fang Wei traveled around, inspecting various production units. He was away for almost half a month, and by the time he returned to the company, the reports from each unit were almost all ready.

This year's harvest is slightly lower than last year's, mainly because Hengzhou and Chenzhou both experienced drought.

Fortunately, all agricultural units in Yaoling attach great importance to farmland water conservancy construction. Not to mention irrigation canals, the investment in wells alone is not a small amount.

Only with a large number of wells can production be maintained during droughts.

Fang Wei was very satisfied with the result. This year's rice yield was only slightly lower than last year's, while the rice seeds and other crop seeds were not affected.

Overall, Yaoling Agriculture's revenue and profit this year are almost unchanged compared to last year.

"General Manager Lin, I suggest that units that have made outstanding achievements in drought relief be rewarded."

Fang Wei then called Lin Bingkun and offered her suggestions.

Lin Bingkun already had a plan, but after hearing Fang Wei's words, he quietly raised the reward standard a bit more.

At the same time, it made him very happy. After all, Secretary Fang was most concerned about agricultural production; otherwise, he wouldn't have cared about such details.

The summer harvest and planting have been successfully completed, and it's time to release rice seeds and various other seeds for sale. (End of Chapter)