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

Chapter 593 Leader, Something Big Has Happened

After streamlining the work in the district, Lin Xiaohe returned to Changhong Factory. Actually, it should be called Changhong Group, but the people of Anning County still prefer to call it Changhong Factory, feeling that it is more affectionate.

Lin Xiaohe first visited the production workshop. As Changhong's business increased, the original factory buildings were no longer sufficient.

The old factory buildings were used to produce folding sauna tubs and core components for LCD TVs, while the color TV assembly workshop and the PHS (Personal Handyphone System) assembly workshop were moved to a branch factory in the suburbs.

Even with each production line operating 24 hours a day, it still cannot meet market demand.

The old factory manager had retired, but Lin Xiaohe rehired him: "The orders for LCD TVs are booked until March next year, and the orders for PHS phones are booked until December this year. The county asked us if we still need to build a branch factory? The county can help us contact farmers in the suburbs."

Lin Xiaohe shook her head repeatedly: "No need. The Tienan District is preparing to establish a production base for LCD TVs. Once that's finalized, our production pressure will be much less."

The old factory director hesitated, then said, "The county..."

Lin Xiaohe: "I will communicate with the county. The group headquarters has always been in Anning County; this is our root."

The old factory director breathed a sigh of relief.

Although the group has been transferred to the provincial government, as long as the Changhong factory is located here, it can provide employment for thousands of people in the county and promote the development of the service and consumer industries.

As locals of Anning County, they all hope that Anning County will develop better and better.

Lin Xiaohe glanced at the folding sauna tub production workshop. This product, which earned Changhong Factory its first pot of gold, continued to provide the group with a steady stream of cash flow.

Compared to home appliances, folding sauna tubs are a smaller product category, meaning they don't generate huge profits, but they are consistently profitable.

Former factory manager: "Last year, the sales of folding sauna tubs reached 34 million yuan, with a market share of 73%."

Changhong's advertising is incredibly effective, and their after-sales service is excellent. Most people looking to buy a folding sauna tub immediately consider Changhong.

Dozens of other small domestic manufacturers are competing for the remaining 20% ​​of the market by engaging in price wars.

Changhong Factory did not intend to compete with these small factories for the remaining market. These small factories were basically township enterprises, and it was not easy for them to support their workers with meager profits.

Lin Xiaohe said to the head of the folding sauna tub department on her right, "We've been making a living off the profits from sauna tubs for the past two or three years, it's time to upgrade our products. With the development of commercial real estate in my country, more and more people will live in apartment buildings and use water heaters. This will be a blow to our sauna tub business."

"We need to take a long-term view, plan ahead, and develop more application scenarios, such as folding bathtubs specifically for children, folding bathtubs specifically for outdoor camping, bathtubs that can be used for medicinal baths, and bathtubs that can achieve intelligent temperature control..."

The minister nodded repeatedly, carefully noting down Lin Xiaohe's instructions.

After touring the old factory, Lin Xiaohe got into a Passat to visit the suburban branch factory.

The suburban branch factory was put into operation in March of this year, and a bustling market has already formed at the factory gate.

Elderly farmers from the suburbs sell their homegrown fruits and vegetables in bamboo baskets at the factory gate.

The economic benefits brought by a factory to the surrounding area are now fully revealed.

Lin Xiaohe walked into the color TV assembly workshop and saw six production lines running at full speed. The casings on the conveyor belts surged forward like a river. At the end of the assembly line, a color TV was packaged and rolled off the line every ten seconds or so.

Lin Xiaohe glanced at the shift schedule on the wall again; it was still three shifts.

"Are the workers physically able to handle it? Are their wages adequate?"

The union director quickly stepped forward: "We strictly abide by the Labor Law, and we pay triple wages on holidays. Last month, the median worker's salary was 1563 yuan." That year, the average monthly wage for workers in Northeast China was around 400 yuan.

The average wage of employees in Guangdong Province is higher, at nearly 700, while in Shenzhen, the most economically vibrant city, it reaches as high as 1000, and in Guangzhou, it is just over 800.

The monthly salary of 1500 yuan at Changhong Factory is quite competitive, and that doesn't even include the year-end bonus. Given Changhong Factory's growth momentum, by the end of this year, each person will receive at least 5000 yuan in bonuses.

Lin Xiaohe nodded and added, "Our factory doesn't have a factory-run hospital, so we need to buy medical insurance for our employees. You can contact a commercial insurance company to buy commercial insurance for the workers in the company's name. How much would that cost? Can you get the money approved, or can you tailor a commercial insurance policy to our needs?"

The union president was dumbfounded. Commercial insurance?
"People's Insurance... probably won't agree."

Such a large state-owned enterprise has no shortage of business.

Lin Xiaohe: "Then go find a private company. I remember there's a Ping An Insurance company in Shenzhen that's been around for seven or eight years."

"Ok."

Seemingly having thought of something, Lin Xiaohe said to the head of the strategy department, "Go to Shenzhen with him and see if Ping An Insurance needs capital injection. If it does, we'll register an investment branch and invest in the company under the branch's name."

"Okay." The head of the strategy department keenly sensed that Director Lin was probably short of money, or was preparing for future financial difficulties.

It seems he needs to leverage his department's resources and connections to see if there are any suitable investment projects.

Lin Xiaohe paused, then added, "Besides Ping An Insurance, try to connect with more people in the internet field. Our Changhong factory is a manufacturing company, but the internet is the future. We have so much money in our accounts; we can't let it sit idle. It has to be put into circulation."

Lin Xiaohe thought for a moment and instructed, "Establishing an investment branch is very important. Take out 3000 million yuan to invest in projects first. If it's not enough, come to me."

Changhong Factory has several golden goose hens, with cash flow so abundant that even the provincial government is envious.

Minister of Strategy: "Yes, Factory Manager."

After touring the factory, Lin Xiaohe went straight to the research center.

The research center has researchers recruited from all over the country by headhunters from Changhong Factory; they form their own faction, while the other faction consists of graduates and professors from Harbin Institute of Technology.

Lin Xiaohe turns a blind eye to their conflicts as long as they don't affect the project.

"I've set several projects, upgrading them to the highest level. First, upgrade the LCD technology to operate normally in extremely cold and windy environments down to -40 degrees Celsius. Second, develop a digital trunking system using PHS base station and terminal technology. Third, research and develop an intelligent electric submersible pump controller. Fourth, ultra-high-power mobile substations and large oil-immersed power transformers..."

Lin Xiaohe wrote down a long list of projects on the project list, and then prepared to head to the next battlefield.

"Wait a minute." Professor Ge from Harbin Institute of Technology rushed out and called to Lin Xiaohe, lowering his voice, "These technologies... are for oil fields."

He stared intently into Lin Xiaohe's eyes: "It's... for Daqing, right?"

Lin Xiaohe did not answer.

Professor Ge's heart sank, and he said in a hoarse voice, "You're a division-level cadre now, you need to be mindful of your image!"

Stop joking. Overseas connections are useful, but you're a local official with real power!

Even if you go to the Ministry of Commerce?
Lin Xiaohe: "We'll have to get out of here sooner or later."

Just as the two were facing off, Chen Guang came running over, panting heavily, looking anxious: "Boss, something terrible has happened!"