I farmed in military academy and crushed the entire intergalactic world.

Chapter 571 Sign it all!

Is it embarrassing?
That was quite embarrassing.

Those who were able to serve as factory directors in joint ventures in the 90s were no pushovers.

Even the toughest persimmons can be easily crushed into persimmon cakes by the market!

Factory Director Zhang stood at the front, unsure of what to do with his hands, which eventually hung limply at his sides, like a schoolboy waiting to be scolded.

"Director Lin..." he began, his voice hoarse.

I'm rough.

I simply can't bring myself to ask for a favor!

He could throw a tantrum at his boss, but... he secretly glanced at Lin Xiaohe and sighed inwardly.

What a tragedy! Lin Xiaohe is so young, about the same age as his own daughter. How is he supposed to explain this?

Lin Xiaohe pretended not to notice the factory managers' unease, nodded, walked to the other side of the long table, and sat down.

She remained silent, and the leaders of the Ministry of Industry and Information Technology, with their eyes closed and minds focused, remained silent as if they were old monks sitting still.

Factory Director Zhang stood there, his face alternating between pale and flushed.

A year ago, he said at an industry conference that "LCD is just a gimmick and will never amount to anything." Three months ago, he privately cursed, "That brat Lin Xiaohe has made a mess of the market."

Now the person is sitting across from him, not saying a word, not putting on airs, just looking at him.

Factory Director Zhang suddenly felt that the gaze was even more unbearable than being scolded.

He took a step forward and bowed deeply to Lin Xiaohe.

Ninety degrees.

Several factory managers nearby were stunned for a moment, then also bent down.

The meeting room was so quiet that you could hear the clock on the wall ticking.

Lin Xiaohe stood up, walked over, and took Zhang's arm: "Zhang, don't do this."

Factory Director Zhang straightened up, his eyes already red: "Factory Director Lin, I... I was blind. I was the one who spoke ill of you last year. I was also the one who said LCDs were no good. Now so many people in our factory are waiting to make a living, and I... I don't care about my reputation anymore. Although we are a joint venture, the workers in our factory are from Dongguo."

He wiped away his tears and took out a piece of paper from his pocket, which was a list of the factory's unpaid wages.

Lin Xiaohe took it, glanced at it, and put it down: "Where's Factory Director Li? Does your factory also have a lot of inventory?"

Factory Director Li took a step forward, nodded, and his lips trembled as he couldn't speak.

Factory Director Wang also came over, took out a bottle of medicine from his pocket, and said with a wry smile, "Factory Director Lin, this has caused me heart problems. If you give us a way out, our Huaxia Factory will do whatever you say from now on."

Lin Xiaohe looked at them and remained silent for a few seconds.

Then she spoke, her voice not loud, but every word like a nail: "I want all of your CRT tubes."

The eight factory managers were stunned.

The leader from the Ministry of Industry and Information Technology looked up sharply, his voice tense: "Comrade Lin! Think twice before you act."

As we all know, Changhong's production focus is definitely on LCD TVs, so why would they need so many color picture tubes?

Lin Xiaohe: "Please rest assured, leaders, we are definitely not putting on a show. We will purchase color picture tubes at market prices."

The current domestic market price for color picture tubes is so low that it can't even cover the cost.

Even so, everyone was still filled with gratitude. Even a broken bone was better than selling it for scrap!
Lin Xiaohe continued, "The money will be paid in three installments. The first installment will arrive next month and will be enough to pay your salaries."

Factory Director Zhang's mouth was agape enough to fit an egg. Factory Director Li finally couldn't hold back his tears, which streamed down his cheeks.

Lin Xiaohe's voice sounded like heavenly music to them: "After we modify this batch of color picture tubes, we will sell them to Russia, Eastern Europe, and Southeast Asia. People who are not working in your factory can come and work here, and you will be paid as usual."

Factory Director Wang stood there, mouth agape, nodding repeatedly.

Lin Xiaohe looked at them and said, "Our Changhong factory needs supporting parts for its LCDs. Circuit boards, casings, packaging boxes, etc. These require modifications to the production line. Can you do it?"

Factory Director Zhang was the first to react, nodding vigorously: "Yes! We can do it! Our factory can do anything!"

Factory Director Li wiped away his tears: "Factory Director Lin, we'll go wherever you point."

Lin Xiaohe nodded, took out a piece of paper from her pocket, and spread it out: "This is the preliminary plan. Take a look, and raise any questions you have now."

Factory Director Zhang took it, his hands trembling violently. He looked at it for a long time before looking up.

The written agreement, in black and white, laid bare Changhong Factory's ambitions.

According to the agreement, the eight factories will produce supporting parts according to Changhong's standards, and Changhong will send technicians to upgrade each factory, etc., with favorable conditions.

In contrast, the patents of the eight major factories must be made available to Changhong Factory free of charge, and Changhong Factory has priority to use its own newly developed technologies.

After reviewing the series of agreements, it became clear that the eight factories would become de facto subsidiary factories of Changhong Factory.

"Director Lin, are you... are you trying to save us, or to strengthen your own position?"

Lin Xiaohe looked at him, her lips twitching slightly: "This question is meaningless, because it's a win-win situation for us."

Staff from the Ministry of Industry and Information Technology quietly went over to take a look and couldn't help but gasp in astonishment.

I thought Lin Xiaohe was a kind-hearted person, but now I see she's just taking advantage of my misfortune!

If Changhong were to follow the normal procedures, it would face numerous obstacles in acquiring the eight factories. Funding, ownership, workers, bonds, local government—after rounds of wrangling, it would be considered efficient if everything could be resolved within a year!
However, through a framework agreement, at this critical moment of life and death, the ownership of the eight factories was bypassed, and the eight factories were incorporated into the Changhong factory network.

What ambition!

He looked at the eight factory directors who were hesitant. Would they agree?

Lin Xiaohe didn't urge her, but stood up and walked to the window.

The sunlight outside the window is just right.

"With the CRT issue resolved, your factory will survive, and the workers will have food to eat. Changhong will have eight more supporting factories, and its LCD production will double, while costs will drop by another 30%. The Japanese can't stop us anymore."

She turned around, looked at the eight factory managers, and smiled broadly: "Production hasn't picked up yet, so LCD and plasma TVs are relatively expensive. Once production ramps up, we estimate that with full-size coverage, the average selling price will be between 4000 and 5000."

"Our marketing department predicts that the domestic demand for color TVs will reach 18 million units this year. Taking the median selling price of 4500 yuan, and calculating based on 80% of 18 million units, as long as production can keep up, our Changhong factory's sales will reach more than 60 billion yuan."

puff!
How many?

More than 600 billion?!
The leader from the Ministry of Industry and Information Technology, who was drinking water, spat it out.

The junior staff member in charge of taking meeting minutes nearly popped his eyes out and whispered to his colleague, "Over 600 billion?! That's higher than the GDP of many provinces, isn't it?!"

My colleague covered his mouth, barely daring to breathe: "Last year, HAN Province's GDP was 363 billion, Ningxia's was 175 billion, Qinghai's was 168 billion, XZ's was 56 billion... The leading province, Liaoyang, had 2800 billion last year."

Good heavens!!

The junior staff member, caught up in the moment and lost in thought, forgot about organizational discipline: "Director Lin just said that if there were eight major factories, the cost could be reduced by another 30%. How much money would that be?"

Colleague: "The profit margin in the color TV industry is generally around 10%, but Changhong's highest was 15%, which is over 90 billion yuan."

If costs are reduced by 30%, wouldn't that mean making billions more in profit?
If it were him, he would have taken advantage of the situation too!
The leaders of the Ministry of Industry and Information Technology are quicker to think: with sales of over 600 billion yuan, nearly 50 billion yuan will be in taxes!

He jumped to his feet, glaring menacingly at the eight factory managers. "Sign! Sign them all! If you don't, you're not a true Dongguo citizen!"