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Chapter 170 Raising Funds

The conversation continues in the temporary rental factory near the airport.

"I still don't really believe that the development in China will be so fast. I know that there are automation majors in universities. After all, the domestic engineers hired now graduated from these schools." When talking about the future development of the company, Yuan Guanghua attached great importance to this important strategic issue. He quickly went to the bathroom to wash his face and woke up, and came back to continue chatting.

Su Jingzhen cannot explain it now. In just twenty years, the domestic GDP has risen from the seventh now to the second place. No one believes that this is said. Even those who are the most optimistic about the domestic economy do not have such confidence.

And why it can rise up? One important factor is that the country has cultivated a large number of knowledge talents. In all industries, you can find corresponding people to do specific work, rather than facing a group of illiterate people who are crying without tears.

However, there are also pros and cons. Not to mention the advantages, but the disadvantages are, as long as the domestic industry really wants to do it, it will sooner or later turn it into a rotten cabbage.

Take carbon fiber as an example. In the early years, around 1998, Su Jingzhen bought a tennis racket for exercise. At that time, an American brand used the so-called carbon fiber racket frame, with more than 800 soft girls coins.

Ten years later, Su Jingzhen discovered a tennis racket of the same brand on a shopping trip, which was a carbon fiber racket. The price was only more than 200 yuan. This was an imported brand. If it were a domestic brand, it would probably be less than 100 yuan.

It is conceivable how the market for carbon fiber, especially low-end carbon fiber, has been ruined by domestic manufacturers. Of course, Su Jingzhen is popular in this regard. Money cannot be made by you, right? Let’s just hold the cabbage and eat it together.

"Didn't it mean that first-class companies set standards, second-class companies build brands, third-class companies sell technology, and last-class products? Just think we are starting to deploy and buy technology now." Su Jingzhen didn't know how to persuade his cousin, so he could only fool him.

"It seems that there is a little reason. Then I have to sort out the Japanese information carefully. Don't let them take away the information generated by the debugging process when they left."

Yuan Guanghua thought that it actually makes sense for his nephew to do this. After all, in the end, he will encounter competition from his peers in the end. As a manufacturing company, such competition is quite fierce. On the contrary, if he does technology, he will face less competition.

"I'm not asking the factory to not do this now, but don't focus on the product. Pay attention to the market at any time. Once the profits are reduced, withdraw immediately. When the time comes, sell the production line while it is still valuable, and then you can directly switch to the solution to help people design production lines, so as to ensure that the profit margin will not drop." Su Jingzhen did not want to close the factory of the automated production line immediately, but planned for the future. This must be made clear.

"Well, I'm ready for both. Now I'll take advantage of the high prices of foreign equipment and sell it quickly. Then I can't expand the scale of this factory at will to prevent it from being difficult to turn around. People must observe the market trends at any time. Once a price cut wave occurs, I have to consider changing the company's development route." After Yuan Guanghua washed his face, he became much more aware and gradually extracted the theme of his nephew's words.

"It is not necessary to leave production. When the time comes, it depends on profits. My main meaning is not to expand too much." Su Jingzhen added that he was really afraid that his cousin felt that it was easy to make money in this industry, so he immediately increased his manpower and bought a large amount of equipment from abroad to return. After expanding, it was not so easy to stop.

"I understand. By the way, Jing Zhen, all the production lines you are going to build have been debugged now, and the construction of the factory there is almost complete. The main construction has been completed. Part of the main construction has been built. Your father and I have discussed that the machine has been transported for installation and commissioning. It should be available for trial production this month."

After hearing this, Su Jingzhen couldn't help but sigh in his heart. Why is the speed of this window so in vain? How long has it been? The factory was built? With sighing and doubt, he asked: "So fast? The concrete has not condensed, right?"

"This is only part of the industrial zone. First use steel structure factories to deal with them. When those concrete buildings are built, they will see if the situation is relocated. Otherwise, the galvanized steel plates and plastic particles have arrived. It is not a solution to not produce them there. First, build a batch of products and see if the situation is to be seen."

Yuan Guanghua has no choice. After all, it’s already May now, and the orders in Japan have not started at all. If the product is not enough by the delivery time, it would be a scam.

"Let me give you a name for the chassis power supply and other things. You can also think about it. Then we will gather together. Look at the name of that name and use it as a brand name." Su Jingzhen had not yet thought about the names of his products. He was in the United States, so it was quite easy to call a foreign language, but if he had a Chinese language, it would be difficult. He didn't even find someone who could make a decision.

"By the way, you have to call home tomorrow. I heard that the T-shirts on Xiuxia are selling very well now. I didn't expect that it would be so profitable to make clothing in China. If I had known it, I wouldn't have touched the electronics industry. Isn't it good to make clothes that I am familiar with?" Although Yuan Guanghua said enviously, he also knew that the clothing industry is actually quite difficult now.

"Well, I understand, how much does the construction of the factory cost? Or how much does it cost in the near future?" Su Jingzhen stood by the window, looked at the scenery of Donghe, and asked about the financial matters. After all, May is in, and the domestic stock market is going to be deployed.

"Are you short of money? Or are there new projects?" Yuan Guanghua immediately became energetic when he heard his nephew ask about money. He knew his nephew's personality and would never ask this question if he had nothing to do.

"There is a new project, it's in China." Su Jingzhen and his cousin have worked with him many times, so there is no need to hide these things.

"Then the two sides can get 20 million yuan in cash. If you borrow from the bank, it should be fine if you borrow 50 million yuan. A while ago, the personnel from the investment promotion office came to me and asked me if I wanted a loan. I refused and said that I had enough funds and no loan was needed." Yuan Guanghua always had a small plan in his mind, and he was clear about how much money he had.

"Twenty million is a little bit short." Su Jingzhen whispered, but he also understood that he had bought so much second-hand garbage in Japan, and invested in factories after returning to China, and recruiting staff and daily expenses. He and his cousin really didn't have much left in the original funds.

"You ask Xiuxia, she also has a lot of working capital, and the deposit for orders is quite high. I'll discuss with my old friends tomorrow that 10 or 20 million can still be borrowed. Don't underestimate our automated production line now, there are so many people who are jealous."

Yuan Guanghua said that there was no pressure at all. He felt that raising 30 to 50 million yuan in a week was no problem at all. With his own funds, it would be nearly 100 million yuan. Is it enough to do anything?

"Okay, I'll ask my mother." Su Jingzhen stopped talking nonsense. He hung up the phone and was about to call him. He accidentally looked up and found that it was noon in New York and it was already late at night in China. It would be better to call this phone in the evening and don't disturb my mother's rest.

...
Chapter completed!
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