I'm in the county town, and you say I'm a big shot?

Chapter 514 Song Dahai's Strategy for Saving the Enterprise
Minister of Justice Ma Kai stood up.

"President Song, I'm quitting, but you have to give me compensation as if I were being dismissed."

"Okay, I keep my word! Anyone else?"

Song Dahai's gaze swept around the entire area again.

Four people actually said they wanted to leave!

Song Dahai glanced at them; they were all people promoted by his elder brother, Song Dacheng!
Hey, big brother.

Look at the kind of people you've been hiring!
He sighed inwardly, but said aloud, "Is there anything else?"

Huang Xueying hesitated.

She is now the head of the marketing planning department. She has worked at the company for more than ten years, rising from an ordinary sales and marketing staff member to her current position. She has a strong attachment to the company.

But the problem is, feelings can't replace a livelihood!

Two days ago, the company's finance department clearly informed everyone that this month's salary could not be paid on time.

In fact, she had already found out that the company only had 5 to 6 million in cash in its account, and a lot of debts waiting to be dealt with. Not to mention this month, the company would not be able to pay out on time even next month or the month after next!

But the family needs money.

Two years ago, before the purchase restrictions were implemented in Shanghai, we used our family savings plus a mortgage to buy a 120-square-meter apartment in Pudong. The monthly mortgage payment was about 8000 yuan. With our child in college and elderly parents to support, our combined monthly salary of 15000 yuan was quite tight.

If we don't receive our wages for several months in a row, it will be a problem to maintain our household's normal expenses.

Yesterday, a real estate development company in Jinghai city privately contacted her, hoping she would switch jobs and join them. She was somewhat tempted, but still hesitated, saying she would think about it.

Seeing someone resign and the company even offering compensation, Huang Xueying made up her mind and was about to stand up when Liu Yanming pressed her back into her chair.

"Xueying, what are you doing?!" Liu Yanming asked in a low voice.

"I"

Huang Xueying was introduced to the company by Liu Yanming, who helped her a lot, so Huang Xueying is very grateful to and respectful of Liu Yanming.

"Xueying, don't overthink it. Just stay put. It's not as bad as you think!" Liu Yanming said again.

"OK then."

Just then, Song Dahai, who was sitting at the head of the table, said again: "No one said they were leaving? Okay, I'll announce something. Kerry Group and Tuofang Technology have reached an agreement to borrow 4 million RMB from each other without interest to solve the company's tight cash flow problem."

They borrowed 4 million?

Is it interest-free?!

The moment the news was announced, the meeting room erupted in hushed whispers.

"Let me add something," Chen Meimei, the CFO, said immediately. "The 4 million loan has already been deposited into our company's account. Also, regarding the material payments owed by the company to various suppliers, apart from a few suppliers who insist on immediate repayment, we are no longer demanding payment from the others."

what? !

Huang Xueying then understood why Liu Yanming wouldn't let her resign!
The company is saved!
Some of the people present also became excited.

This is truly a timely help.

What's even more exciting is that the person who delivered the charcoal was Fang Qingye, the legendary richest man in Nanxin! It's said that his personal assets are already over 10 billion!
With the strong support of this wealthy and powerful individual, Kerry Group may indeed be able to weather this storm!

Those who resigned looked at each other, some with regret already showing in their eyes.

He was a senior executive at Kerry Group, but after leaving the company, it wasn't so easy to find a similar position again!
However, it was too late for regrets, and Zheng Peng and the others left the conference room with mixed feelings.

"Let's continue the meeting," Song Dahai said. The somewhat chaotic scene quickly quieted down again, but the atmosphere in the meeting room was no longer as oppressive as before.

"In order to quickly reverse the current situation of Kerry Group, I propose the following solutions."

"First: Continue to handle the aftermath of the Shanshui Jiayuan project. We can make advance payments to the buyers of Building 6. Zheng Peng has already resigned. Minister Cui, how about you temporarily take over as the head of this project department?"

“No problem,” Cui Hao immediately agreed.

Those homebuyers are making a fuss every day simply because they're worried they won't get their money back.

I'll pay you back right away, what are you making a fuss about?!
"Secondly: The two upcoming pre-sale projects, Shengshi Jiangnan and Oufibao, are preparing to lower prices! For other projects already on sale, we cannot openly lower prices, but we can increase discounts! The specific amount and details of the price reductions will be determined by the sales department in conjunction with the marketing and finance departments. We require a different strategy for each project, implementing differentiated marketing! In short: if the government approves our Kerry Group's normal operations, we will implement it immediately! We need to quickly recover funds!"

“Yes, Mr. Song,” Huang Xueying, Chen Meimei, and the marketing director replied in unison.

"Third, the company has established a public relations team whose main task is to contact relevant municipal and county departments to communicate and strive for the company to resume normal operations as soon as possible. At the same time, we will contact major banks to seek their support and prevent them from withdrawing loans. I will be mainly responsible for this matter, with the public relations department and the finance department providing assistance."

"Fourth, I have decided to sell two construction companies under the Kerry Group. In the future, our group will focus on the design and development of commercial buildings and will no longer be involved in the actual construction."

The meeting lasted for a full three hours, ending just before lunchtime.

Later generations referred to it as "Song Dahai's strategy for saving the company".

When it was time to go back to work in the afternoon, Song Dahai convened another managers' meeting, gathering the three vice presidents together to discuss other matters.

In the evening, Song Dahai and Chen Meimei, a married couple, arrived at the Four Seasons Nursery.

Bai Ou went to Shanghai, and Fang Qingye usually stayed here after get off work and stayed here at night. There were workers here during the day, and they chatted and laughed while working.

Grandpa and Grandma are here in the evenings, we chat, or I take Wangcai for a walk. It's much better than living alone in the lakeside villa, which is so quiet and lonely.

At this moment, Fang Qingye was strolling around the nursery with Wangcai. It had been almost two months since she had been here, and looking at the seedlings and flowers here was very pleasant.

Seeing Song Dahai and Chen Meimei enter the gate, he greeted them with a smile, "Want to come in and have a seat?"

"No, I've been sitting in meetings all day and my stomach is bloated. Let's just take a walk," Song Dahai said.

"Hehe, not used to it?"

"Yes, back when I was a city management officer, I was always patrolling the streets. It's nothing like this now. When have we ever had such a long meeting?"

"Attending meetings and taking your seat are essential skills for a leader. You'd better get used to them," Fang Qingye said with a smile.

"Oh dear, this makes me even fatter."

The two walked side by side, chatting and laughing, with Chen Meimei following behind, teasing Wangcai.

"Qingye, I mainly talked about these things in today's meeting." Song Dahai then recounted the main points of today's meeting: "These are things that Meimei and I discussed in advance."

Fang Qingye nodded in agreement: "The idea of ​​quickly recovering funds to ensure the company's normal operation is correct."

“Yes, we need to survive first, and then figure out how to make money.” Song Dahai sighed. “Besides, I don’t want to be like my older brother, spreading out businesses and diversifying. I’ll just honestly develop real estate projects and not use high leverage. Maybe I’ll earn less, but I’ll have peace of mind.”

Fang Qingye glanced at him.

The real estate market still has a golden decade ahead, which should be enough for him to make a fortune.

In fact, although the real estate market took a sharp downturn 10 years later, most national real estate companies, which had accumulated land and high leverage, were constrained by financing and impairment during the downturn, and many went bankrupt. On the contrary, a few local companies that had a strong local presence suffered less loss.

There are differences in how local and national enterprises acquire land. National enterprises often have higher land acquisition costs and rely entirely on premiums to grab land, while local enterprises have deep roots in the local area and maintain better government and business relationships, so they can often acquire a lot of good land at a low price. They may even sell the land to national real estate companies instead of developing it themselves.

If Kerry Group were to take this path, it would certainly be a wise move.

(End of this chapter)