Chapter 398 The clothing business is over!
After the Lantern Festival, after a brief moment of tenderness with Jiang Xue and her children, Li Yi returned to busy work again!
As he said to Jiang Xue before, the cotton spinning factory is a mess.

For more than 20 years, cotton mills have been producing fabrics and then selling them to various supply and marketing units.

Now that the focus of the industry has been suddenly shifted from producing fabrics to selling ready-made clothes, there are too many things that need to be dealt with.

And Jiang Longcheng is not a person who is good at management. Even in the management of the entire cotton spinning factory, there are very few people who really understand management and operation.

To be honest, among these people, He Tianming and Sun Feng were the only ones who were pretty good. As for the others, they were just messing around.

Under such circumstances, Li Yi could only step in personally and guide them step by step on how to carry out industrial upgrading and reform.

Fortunately, although Jiang Longcheng didn't know much about management and wasn't very good at running a business, he had an amazing network of connections backed by the big tree of the Jiang family.

The cooperation plan proposed by Li Yi was reviewed and approved in less than a week after he sent it to the district government.

Subsequently, Li Yi signed a cooperation agreement with the cotton spinning factory under the witness of all factory employees.

After signing the agreement, Li Yi also had a reason to get involved in the cotton spinning factory, and then he started to work freely.

Under his guidance, Jiang Longcheng first borrowed a huge sum of 300 million from the bank in the name of a cotton spinning factory!
After the loan was received, 200 million of it was used by Li Yi to purchase raw materials to ensure cloth production.

The remaining 100 million will be used partly to purchase machinery and equipment such as sewing machines and hemming machines to expand production.

The other part is all allocated to the sales department, allowing them to use the money to set up sales channels, build direct-operated stores, and open up the market for Feixue clothing.

It is worth mentioning that at Li Yi's invitation, An Hong discussed with her husband Wang Anguo.

Finally decided to formally resign from the county textile factory and come to the capital to help Li Yi.

After An Hong arrived in the capital, Li Yi directly assigned her to the sales department and officially took over the sales department.

With An Hong joining, the work in the sales department quickly got on the right track.

While they sent sales teams to Saibei Province, Shanxi Province, and Ludong Province to carry out business, they also recruited suitable sales talents in the capital and conducted strict training for them.

In a short period of time, the number of people in the sales department increased from 80 to more than 200.

Just having these people is not enough. To open a directly-operated store, you need qualified shopping guides.

Especially after seeing the sales performance of the beautiful shopping guides in Wangfujing and Anton stores, An Hong knew the importance of these beautiful shopping guides.

She immediately asked the cotton spinning factory to recruit 200 tall and beautiful female employees and provide them with shopping guide training.

At the same time, Li Yi continues to work hard in advertising!
After the Chinese New Year, he personally wrote a large number of soft-text advertisements and published them in various media and newspapers.

He also asked Jiang Longcheng to use his connections to find many TV stations, newspapers and magazines to report on the reform of the cotton spinning mill and increase the popularity of Feixue Clothing.

With a multi-pronged approach, the results are naturally overwhelming.

In a very short period of time, the factory's shipment volume gradually recovered to the state of a year ago.

As shipments increased day by day, the clothing inventory from the previous year was quickly sold out, and the inventory fabric belonging to Li Yi was also consumed rapidly, much faster than Li Yi expected.

In order not to affect the store's operation, Li Yi promptly allowed the cotton mill's own clothing to be sold in the store, and asked the sales department to vigorously promote the cotton mill's clothing.

Although the customers who came to shop and the net sales of the goods did not notice any changes, quietly, the cotton spinning factory and Li Yi completed the change of business entities.

In this way, after another half month, when all the raw materials in stock belonging to Li Yi were sold out, he handed over the two direct-operated stores in the city and all sales channels to the cotton spinning factory.

At the end of February, with three days left before the full moon of his son and daughter, Li Yi completed the handover of accounts with the cotton spinning factory.After withdrawing the payment of 2 million belonging to him from the financial department of the cotton spinning mill.

Except for the latest cooperation agreement signed by the two parties, there are no more business disputes between Li Yi and the cotton spinning mill.

At this point, Li Yi has successfully completed this big business!

After calculation, this transaction took 2 and a half months.

With a mere capital of more than 20 yuan, Li Yi leveraged defective fabrics worth 50 yuan and made them into clothes and put them on the market.

In the end, after excluding various expenses, he made a profit of 430 million, which was considered to be the initial completion of the primitive accumulation of capital.

In addition, he also used this time to establish Feixue, the first fashion clothing brand in China.

And used this as capital to reach a cooperation agreement with the second state-owned cotton spinning mill in Beijing.

Given the current market environment, as long as nothing goes wrong in the operation of cotton spinning mills.

If nothing else, I will be able to count money while lying down in the future!
In view that all departments of the cotton spinning factory are on track, Li Yi also officially withdrew from the cotton spinning factory after completing the accounting settlement with the cotton spinning factory.

Let Jiang Longcheng and the others handle the rest.

Although Jiang Longcheng hopes that Li Yi can stay for a while, Li Yi knows that this is not his own industry after all, and it may not be a good thing to interfere too deeply.

What's more, he has done everything he can, and it's time to let go.

Seeing that Li Yi had made up his mind, Jiang Longcheng could only nod in agreement.

Anyway, my brother-in-law is in the capital. If anything happens in the factory, he can go to him at any time, and he will not fail to help if he comes.

In this way, Li Yi completely ended things at the cotton spinning factory!
After finishing the work in the cotton spinning factory, Li Yi prepared the child's full moon wine.

Jiang Xue didn't want to make a big deal, and neither did Li Yi. It was too troublesome to talk about, and once there was a big deal, it would involve the issue of receiving gifts.

Once you receive a gift from someone, you have to return the gift when they do something. It’s so troublesome!
Therefore, Li Yi planned to call the relatives of the Jiang family and the Ye family, and invite his parents over, set up a few tables at home, and have a good time.

However, he does not plan to do it at the Jiang family's old house, but in his own store.

The reason is also simple!
On the one hand, because of the old man, there are guards stationed here all year round, so it is really not convenient to hold banquets.

On the other hand, the Jiang family's old house can accommodate 30 to [-] people at a time, which is already the limit. Any more would be a bit difficult and far less spacious than their own store.

Besides, hosting a banquet at my father-in-law's house will inevitably lead to gossip.

Therefore, after much thought, Li Yi decided to hold a full moon party for his son and daughter in his own store.

However, his shop makes barbecue and shabu-shabu, so obviously barbecue and shabu-shabu is not suitable for banquets.

After some thinking, Li Yi immediately asked Jiang Longcheng to help find a few chefs with good skills and let them help in the store for a few days.

Later, Li Yi asked Long Zhanjun to post a notice that the store would be temporarily closed for two days to prepare for the Full Moon Wine.

After explaining this, Li Yi said hello to Jiang Xue, borrowed Jiang Longcheng's jeep, and returned to Qingshan County to pick up his parents for the grandson's full moon party.

(End of this chapter)

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