Rebirth 1980: Marrying my sister’s best friend at the beginning

Chapter 406 The report card of the cotton spinning factory!
After arriving in the study, Weng and his son-in-law sat down across the table where Jiang Xue usually read and studied.

"Dad, are you okay?"

"Well, I heard that you withdrew from the cotton spinning mill business?" Jiang Shiying looked at Li Yi and said.

"Basically, I have withdrawn, but I signed an agreement with them. I will guide them to revitalize the cotton mill. If the annual profit can reach a certain standard, the cotton mill will give me a share of the profit!" Li Yidao.

"2000 million, 12%?"

"Third brother told you?" Li Yi asked.

"No, someone called me two days ago and specifically mentioned you and this matter!" Jiang Shiying said.

"Who is it? Is it the second brother?"

"It's not your second brother, nor Longcheng, but a leader of the State-owned Assets Supervision and Administration Commission. They have noticed you a long time ago!"

Hearing this, Li Yi couldn't help but tremble in his heart.

Listening to the words used by my father-in-law, I noticed that this is not a good thing.

"Don't be nervous, they have no intention of doing anything to you, otherwise they wouldn't call me!" Jiang Shiying said.

"Then what do they mean?"

"Did you know that the Longcheng factory completed its profit settlement for February two days ago!"

Li Yi was stunned for a moment, and then said: "I didn't pay attention. You also know that I have been busy with my child's full moon these past few days, and I didn't pay attention to it at all!"

Jiang Shiying nodded and said: "According to the person from the State-owned Assets Supervision and Administration Commission, less than 2 days after the cotton spinning mill officially started operations in February, its revenue reached 20 million. After deducting the money allocated to you and various other expenses, it is purely The profit was as high as 305 million!"

"This revenue and profit not only directly helped the cotton spinning mill turn a profit, but also set a record since the cotton spinning mill was built. Whether it is revenue or profit, they have never been so high! It can be said that the cotton spinning mill has paid off at the beginning of the year. A jaw-dropping report card was released!”

However, Li Yi said calmly: "A monthly revenue of more than 300 million yuan is barely enough!"

Yes, in Li Yi's opinion, this result is indeed just barely passing.

You must know that the cotton spinning factory has more than 2000 employees and operates the only fashion brand in the country. It has completely consolidated the markets in Beijing, Tianjin, and Hebei, and has gradually expanded to Shandong, Henan, Mongolia, Shanxi, and the Northeast.

With so many convenient conditions, it is completely reasonable to achieve such results.

Jiang Shiying looked at Li Yi in surprise. He really didn't expect that his son-in-law would say such a sentence.

The revenue of 20 million yuan and the net profit of 300 million yuan in 119 days were barely acceptable in his eyes.

After a brief silence, Jiang Shiying asked again: "Then what do you think the cotton spinning mill's monthly revenue is to be considered a good result?"

"1000 million!"

"How dare you think of a revenue of 1000 million yuan?"

However, Li Yi smiled and said: "Dad, the situation is too small, I mean a net profit of 1000 million!" He said again.

"1000 million net profit?" Jiang Shiying said in amazement.

"Yes, I told my third brother before that I would help him develop the cotton spinning factory into a very large enterprise with an annual profit of over 1000 million yuan. The average profit is about [-] million yuan per month!"

"Is it possible that the annual profit exceeds [-] million with the small broken factory run by Longcheng?"

"It's not possible now, mainly because the production capacity cannot be increased and the sales channels have not been fully opened, but the problem will not be big in three years!" Li Yi said.Hearing this, Jiang Shiying couldn't help but feel a move in his heart.

If the small run-down factory run by Longcheng really develops into a large state-owned factory with an annual profit of over [-] million, it will be a great benefit to both Longcheng and the Jiang family.

By then, not only would Longcheng have more choices, but Longyin might also be able to take a step further.

Thinking of this, Jiang Shiying said in a deep voice: "How sure are you about this?"

"If the leaders of the cotton mill don't hold back, we're still [-]% sure!"

Li Yi is very clear about the situation in the cotton spinning factory. There is no problem with the machinery, equipment and workers in the factory. The reason why the previous performance has declined year by year is mainly due to management issues.

In addition, there are environmental issues. Currently, there are too many domestic textile and cotton mills, and the market is already saturated.

Now they have completed the transformation of their business model and begun to shift from the textile industry to the clothing industry, facing this emerging and terrifying market.

As long as the sales channels are laid out, you will be waiting to collect money in sacks from now on.

"Are you really [-]% sure?"

"Have!"

"Okay, then just go ahead and do it. If you need any support, just ask me. I will greet you from the State-owned Assets Supervision and Administration Commission!" Jiang Shiying said.

"Okay, by the way, you haven't told me why the State-owned Assets Supervision and Administration Commission called you, and what is the purpose of mentioning me?" Li Yi asked again.

"Originally, they were very dissatisfied with your hiring of cotton mill workers for production. After all, this matter really needs to be investigated in detail. Judging from the nature, it is still very bad, so they plan to beat you up."

Hearing this, Li Yi's face darkened and he said, "Are you going to take action against me?"

"Don't panic, they did have this idea before, but now they have changed their minds!"

Then Jiang Shiying continued: "You are really brave, turning hundreds of workers from a large state-owned factory into your own employees. It is reasonable for the higher-ups to deal with you!"

Li Yi smiled with a hint of embarrassment, and then said: "I couldn't help it at the time. If I didn't find the workers in the cotton spinning factory, the batch of fabrics wouldn't be pushed out at all!"

"If you can't push it out, just leave it alone. It's best not to touch some bottom lines and principles!" Jiang Shiying said.

"Well, I remember it, Dad, please continue!"

Jiang Shiying nodded and said again: "When the State-owned Assets Supervision and Administration Commission was discussing how to deal with you, they didn't expect you to retreat bravely and decisively stop. By the time they were ready to find you, you had already completely left the cotton mill. They withdrew from the deal and handed over such a large industry to cotton mills, so they decided to take a look first before talking."

"What they didn't expect was that within a few days, the cotton mill's revenue and profit statistics for February were reported to the district and ministries. Such horrific data completely shocked these people!"

"In view of this, they made that call to me. They wanted to give you some relief through me. They agreed to the cooperation model between you and the cotton mill. I hope you can give more advice to the cotton mill when you have time!"

Hearing Jiang Shiying's words, Li Yi suddenly came to his senses, and then said: "Dad, are the people co-authoring the State-owned Assets Supervision and Administration Commission afraid that I will let go of the cotton spinning factory?"

"That's the reason, but more importantly, they want to give you a reassurance through this, which can also be regarded as a promise to our Jiang family!" Jiang Shiying said.

"Then I understand. With their support, I can let the cotton spinning factory go big. Maybe the annual profit goal of over [-] million will be achieved ahead of schedule!" Li Yi said.

"Just do your best, don't tire yourself out, and family is the most important thing!" Jiang Shiying said.

"understand!"

Weng and his son-in-law then talked about other things, until Ye Lingyun came in and asked them to eat, and then they came out of the study!
(End of this chapter)