NOVEL NEXT Chapter 203 Acquisition Of Yongjia Glass Company
Hui City, Yongjia Glass Manufacturing Factory.
Yongjia Glass was founded in 2002, and it has been nearly 20 years now.
At the beginning of its establishment, it happened to encounter the wave of domestic economic development, and more and more people were buying and decorating houses.
As a manufacturer of door and window glass, the company's orders were in short supply at that time, and customers and dealers often came to snatch products.
Several times, a certain popular specification of a product was snatched away by dealers guarding the factory as soon as it left the factory.
Just a few years ago, Principal Tu Yongjian's son Changtian.
The shared bicycle trend happened to be booming at that time, and young people thought it was an opportunity and directly entered the shared bicycle track.
Originally, Zhang Yongjia didn't take his son's bike-sharing company seriously.
It's just that no one expected that his son actually started the project in just two months. At its peak, there were nearly 100,000 users.
That’s nearly 30 million for the deposit account alone.
You must know that Zhang Yongjia has worked hard all his life to rely on Yongjia Glass until now. Not counting the company's own assets, it is less than a small goal.
But my son had made several years' worth of profits in just a few months, and he fell into trouble on the spot.
Under this premise, one day his son suddenly came to him mysteriously and asked him to inject capital into the company.
When he was preparing to enter the national market next, he originally wanted to play it slow and steady, but he hesitated.
In the end, he was directly persuaded by his son and spent all his resources. When the competition for shared bicycles became fierce in the future.
He even directly transferred internal funds from the glass factory to invest in his son's company.
Fortunately, he finally sensed something was wrong and didn't invest all his family wealth in it.
It is guaranteed that Yongjia Glass will continue to operate healthily in the future.
As everyone thought, his son's bike sharing business developed well at the beginning.
But apart from the support of his father, there is no big capital support at all and it can't compete with those companies with big capital background.
Later, he encountered a wave of runs on deposits. Naturally, he had already misappropriated funds privately and did not go to court.
In the end, the company had no choice but to go bankrupt and liquidate, and his son was successfully included in the group of Lao Lai and was prohibited from high consumption.
Originally, Zhang Yongjia thought that his glass factory was still there, and it would only take ten years to help his son pay off the debt.
At that time, he will be able to get rid of his status as a laity and successfully inherit his own Yongjia Glass Factory.
Unfortunately, he never imagined that the domestic economy would begin to stagnate in the next few years.
It wasn't until 2019 that the company stopped receiving orders, and the factory began to suffer losses in less than half a year.
The world economy is not good. Even though Zhang Yongjia wanted to sell the Yongjia Glass Factory last year, unfortunately there has been no suitable buyer.
Most buyers want to get a bargain, either by crazily lowering the price or demanding an extremely long settlement cycle.
"Boss, just now Tiansheng sent us a purchase offer, asking if we are willing to sell"!
Just when Zhang Yongjia frowned and looked at last month's order and a stack of orders from suppliers urging payment.
His son pushed open the door and reported excitedly.
Ever since the company closed down and was included in the list of Lao Lai, his son has honestly come to the factory to work as Zhang Yongjia's secretary.
Assisting him in handling some matters of the company, his son naturally knows everything about the current situation of the company.
He even knows that as long as he sells the company at a normal price, he can repay his debts and get rid of his current status as a slut.
"Tiansheng?"
"It's Tiansheng Energy, which has been very popular recently. It's the new lithium battery they have developed. I heard that they are having conflicts with Wangde Glass recently."
Zhang Yongjia didn't react for a while, and it wasn't until his son explained that Tiansheng Energy's information slowly emerged in his mind.
"Hey! This is the first buyer who wants to acquire it. I don't know if he will continue to lower the price by 10 to 20 million like before!"
Although he has heard of Tiansheng Energy, Zhang Yongjia is still a little worried that the other company is ready to take advantage of the situation like other companies.
As a young man, his son knew the information about Tiansheng Energy, and it was only after investigation that he found out that Tiansheng only wanted to improve the treatment of employees, so he had a conflict with Wangde Glass.
Now he feels that this time Tiansheng Energy will definitely not lower prices like those companies in the past.
"Dad, don't worry, Tiansheng will definitely be different from other companies and will definitely give you a normal price!"
Seeing that his son was so confident, Zhang Yongjia looked at the large pile of suppliers' reminders on the table.
Finally, he nodded helplessly and said: "Okay! Please reply quickly and ask them to come over and acquire Yongjia!"
"Okay! Dad, I'm going now!"
Seeing that Zhang Yongjia agreed, the young man immediately said excitedly and rushed down to reply to Tiansheng Energy!
Received a reply from Yongjia Glass Company.
Hua Xue and Li Yu moved very quickly. The next day they brought a group of people to Hui City to visit Yongjia Glass.
When the two parties met, Zhang Yongjia really didn't expect that the person responsible for the acquisition was so young.
She was even more surprised when she heard Hua Xue introduce Li Yu as the general manager of Tiansheng Energy.
"Mr. Li, although our Yongjia Glass factory has been established for 20 years, our equipment has always been updated."
"All production equipment is among the most advanced in the country!"
"Currently, 90% of the employees in our factory are skilled workers, most of whom have worked in our factory for more than ten years."
Zhang Yongjia quickly corrected his attitude and began to introduce the equipment and employees of the factory to Li Yu.
After saying that, he took Li Yu, Hua Xue and others to visit the factory one by one.
More than an hour later. When everyone came to the conference room, Zhang Yongjia's son immediately poured water for everyone.
"Boss Zhang, to be honest, I don't really care about the production equipment in your factory."
"After all, the subsequent products produced by both of us are different, and basically 90% of the production equipment will have to be replaced!"
After sitting down, Hua Xue went straight to the point and said what Li Yu had already discussed.
When Zhang Yongjia heard this (Nuoli's) ears, it was different. According to his understanding, this meant that his factory was not very in line with the other party's requirements.
Suddenly his heart sank to the bottom, thinking that the sale plan was ruined again.
Just when he wanted to make a comeback, he proposed to lower the acquisition amount.
Hua Xue continued to speak:
"Of course, our main purpose is not to produce equipment. After all, there is currently no one in China that meets our requirements."
"What we Tiansheng mainly values is your company's skilled employees, so the main acquisition requirement is that the employees must be handed over to us.
Upon hearing this, Zhang Yongjia immediately said excitedly:
"Don't worry, Manager Hua. We were originally afraid that the new company would not want them, but now you want to accept us and the employees must cooperate!"
"I have been with these employees for so many years. I know their living habits very well. I can guarantee that they are very good in all aspects and will definitely meet your quality requirements!"