Going through the book and raising younger siblings

Chapter 230 Bankruptcy
228. Bankruptcy
"Where did the factory lose its vitality? Isn't it just a backlog of goods? If you sell it, you will make money."

"The previous source of customers is an intangible wealth. It is the contacts accumulated by Lao Mao and Lao Kang over six years. That is also where your factory has an advantage over other factories. You have such good contacts. If it is lost, no amount of money can buy it back.”

Ling Feng was not convinced. The products in the factory were very popular in the market at the beginning, because the things in their factory were novel, and they often released new products at that time, so the supply was in short supply.

But later, they had no new products. Since when did they stop releasing new products?

Ling Feng recalled carefully, it seems that since Yingzi gave birth to two daughters, Zhang Daniu never provided him with the composition of new products.

Could it be that at that time, she started to be wary of me?
However, since the factory is profitable, isn't she benefiting too?

In the end, Ling Feng was still reluctant to sell the factory at a low price. Three months ago, he bought it at a price of 2000 million. In just three months, it has shrunk so much. He feels pain when he thinks about it. May suffer such a loss.

He decided to sell the backlog of inventory, so that he can have liquidity and revitalize the factory. Once the factory is revitalized, a lot of money will come in.

But it's easier said than done, and it's not easy to sell those backlogs of inventory, and he didn't sell much even after a lot of effort.

Ling Feng shut down the factory first. Of course, even if it didn't stop, there would be no money to buy materials.The warehouse couldn't pile up, so I had to stop.

He called all the people in the factory together, and issued a death order, stipulating that everyone should sell electrical appliances, and if they could not sell the specified amount, they would not be paid.

Still, nothing worked.Some even resigned one after another because they could not see the hope of staying in this factory.

Therefore, after more than half a year of tossing, the piled up products were hardly sold except for a thick layer of dust, and the people in the factory had almost left. The whole factory seemed deserted, and Ling Feng was so anxious It's all Mediterranean.

Finally, he couldn't stand it anymore, and went to Lao Cai in person again. He would rather sell it to Lao Cai at a low price of 500 million, instead of suffering from poor food and sleep all day long.

But Lao Cai shook his head and said, "The electric appliance industry is in a downturn now. As a dealer, I'm planning to change my career. Why would I buy an electric appliance factory?"

Ling Feng struggled hard: "Old Cai, you have been in this business for so many years and have accumulated a lot of experience, so it's probably not worthwhile to just give up and start anew!"

"Since the reform and opening up, various industries have sprung up like mushrooms after rain. The old industries will eventually be eliminated. Many state-owned enterprises are facing bankruptcy, not to mention private enterprises! So you can't stick to the rules, you have to innovate, what makes money Just do."

"Old Cai, you have been in this business for so long, can you ask me if anyone wants to buy my factory, the asking price is not much, only 500 million."

Lao Cai spread his hands helplessly.

"No one will take over now, not to mention 500 million, even 50, but I heard that the price of steel has risen now. If you sell those machines and equipment as scrap iron, they may sell for tens of thousands of dollars."

What Lao Cai said made Ling Feng feel cold all over his body. In this way, his factory is worthless now.

Ling Feng was furious, and shouted with red eyes: "What are you talking about? Sell it as scrap iron?"

Seeing this, Lao Cai explained: "It's like this for me, why don't you ask other people! See if there is anyone who wants to buy your factory, and I will help you find out."

Ling Feng came out of Lao Cai's house in a daze, staggered into the car like a walking corpse, and drove the car to the factory.

There was silence in the factory, except for the old man at the gate and his old dog, there was no one else, because they couldn't pay wages, everyone left.

The factory that used to be so lively and prosperous is now as depressed and lonely as a cemetery.

After six years of prosperity, in less than a year, he let the factory worth 2000 million decline to the current worthless. He didn't think it was his fault, but that woman Zhang Daniu and the old cats gave him a set.

But they did it seamlessly, he couldn't find a single flaw, he could only suffer from being dumb.

Depressed, Ling Feng took out a few bottles of wine from the car, went to the production workshop, sat on the floor in the empty workshop and drank one gulp.

He couldn't understand why every electrical appliance produced here was pre-ordered in advance, but now there are electrical appliances all over the street, and his warehouse is piled up like a mountain, but now it has become a pile of broken copper and rotten iron.

Is it because the times are changing too fast, or is he unable to keep up with the changes of the times?

Now not only private enterprises, but also those old state-run factories are facing bankruptcy and restructuring. The machinery factory he worked in before has also closed down and dissolved. Now the streets are full of laid-off workers.

It is always a problem for people to eat, what to buy these electrical appliances.

Ling Feng regretted that when Lao Mao and the others withdrew their shares, he did not withdraw with them. Otherwise, with more than 1000 million in his hand, it would be enough to do nothing in this life. Pity him for all these years of hard work, but in the end it was nothing. .

If he never got it, he could live with peace of mind like many of his former workers, but he used to have tens of millions of funds, so how could he be reconciled.

Ling Feng was so drunk that he fell asleep on the cold floor in the workshop.

Sleeping in the middle of the night, Ling Feng was woken up by someone. It was the old man at the gate. He was worried when he saw that Ling Feng had entered the factory and hadn't come out in the middle of the night. He came in to have a look and found that he was lying on the cold ground and fell asleep .

Fortunately, the old man woke him up in time, otherwise, this night, he would have frozen to death here.

Ling Feng drove home, and when he got to the door, he heard the quarrel at home.

The mother said: "You bastard, since you entered this house, my son's business has been getting worse and worse. You are a scourge, bastard. Yingzi was so virtuous before and never spoke loudly to me."

"Good old wife, why did you kick her out? You have the ability to bring her back! Back then, it wasn't that you disliked her for having two daughters, and showed her face every day. You didn't want to see two granddaughters, baba Come and beg me, let me give birth to a son for your family, with a dead old woman like you, there will be no rest in the family, how can you have a good life?"

"It wasn't you who seduced my son. I let you in because of my grandson. I wouldn't agree if I knew you were a broom star."

(End of this chapter)