Hong Kong Island's New Rich Era

Chapter 8 Crisis
Since the claw machine has met the production requirements, Liu Zhicheng called Liu Changhai, the manager of the production department, to arrange the production tasks.

Liu Zhicheng used his usual style and asked directly: "Manager Liu, how is the production line preparation going?"

Liu Changhai seemed to have been prepared and immediately replied: "Mr. Liu, we have already prepared the production workshops on the second, third and fourth floors. We are just waiting for your order to start production. The daily production capacity of a single shift can reach 120 units."

"Well, very good." Liu Zhicheng gave Liu Changhai a positive compliment and continued, "I'll tell you a few things."

"The first thing is to call back as many old employees as possible and immediately train them so that they can quickly master the production and manufacturing technology of these claw machines."

"The second thing is that you should hire twice as many workers. Our factory will have to operate in two shifts in the future because I expect our dolls to sell well and I'm afraid that we won't be able to meet our production capacity."

Liu Zhicheng once again mentioned the hot sales of claw machines to cheer up his employees.

"Third, safety work in the production process must be done well, such as fire prevention and theft prevention."

"Mr. Liu, please rest assured. I will complete the task." Liu Changhai was very happy to hear that his boss predicted that the claw machine would sell well. Not only would he be able to keep his job, but he would also definitely make more profit at the end of the year.

"Very good. I believe in your ability, Mr. Liu, and you will definitely be able to complete the production task on time."

After Liu Zhicheng finished his production tasks, he waited for the production to start and found an auspicious day to put the products on the market for sale.

However, when Liu Zhicheng was confidently preparing to make his first pot of gold, Su Kui, who was in charge of finance, reported to him a bad news that the factory's funds had run out.

When Liu Zhicheng heard the news, he was disappointed and blamed himself for being too excited. Now there are only expenses and no income, so it would be strange if the funds are not bottomed out.

Liu Zhicheng couldn't help but sigh that he was still too naive. Everything went too smoothly in the early stages and he started to get a little carried away and just wanted to make a lot of money.

"Director Su, do you have any solution?"

Having lived two lives, Liu Zhicheng immediately calmed down and asked Su Kui for advice.

"Reduce expenditure and increase revenue." Su Kui answered gently with four words.

Liu Zhicheng thought, this is not nonsense, everyone knows to increase revenue and reduce expenditure, but there should be something else going on with Su Kui.

"Compress the purchase order and ask Yin Tai for help."

Liu Zhicheng seemed to suddenly understand that he had originally requested to purchase 10,000 sets of parts. Even if the price of each set of parts was HK$1,000, the cost would still be tens of millions.

It is inevitable to compress purchase orders. If you want to ask for help from Yin Tai, you must first understand your family's financial situation before asking for help.

At this moment, Su Kui suddenly found that Liu Zhicheng was so calm that it was a bit scary.

After a while, Liu Zhicheng called the factory manager Huo Haiqing and Li Zicai, who was in charge of purchasing, to a meeting. There was no need for other people to know for the time being.

Liu Zhicheng calmly said to everyone: "Because of my previous arrangements, the factory's finances are tight. Manager Li is preparing a purchase order of 10,000 sets. How much money do we need to put out at least?"

Liu Zhicheng did not dare to say that funds had bottomed out, he only dared to say that funds were tight, for fear of causing new panic among everyone.

In fact, when Liu Zhicheng said this, Huo Haiqing and Li Zicai were already in a state of anxiety. But they were both old hands: they were not surprised. "Mr. Liu, our factory is still too small. Even if we owe a part of it, it will be at least 1300 million Hong Kong dollars." Li Zicai replied calmly.

Liu Zhicheng asked again: "What if the purchase quantity is 5000 units?"

Li Zicai took a pen and wrote something in the notebook. He did not rush to answer. He waited for a while before saying, "Mr. Liu, since the overseas components have already been ordered, the procurement cost has been compressed. Only the orders are from Hong Kong. The funds required are at least 10 million Hong Kong dollars."

"Okay, let's place an order for 10 million Hong Kong dollars."

Liu Zhicheng answered decisively, but after taking a look at their expressions, he continued, "Don't worry, I just underestimated the amount in the early stage. There is no problem with the funds."

Huo Haiqing and Li Zicai smiled slightly when they heard Liu Zhicheng say this. They were afraid of the next factory crisis.

After Huo Haiqing and others left the office, Liu Zhicheng sat on the big chair and thought for a moment, wondering how he should report to his mother.
As a senior financial officer, Su Kui should have known about the financial crisis long ago. Why didn't he report it earlier? His mother Yin Huifen should have known about it long ago as well? Maybe Su Kui knew about it long ago, but Yin Huifen stopped him from reporting it to her?
With these questions in mind, Liu Zhicheng called his mother Yin Huifen and reported to her in detail the achievements of the orange factory, the future profits, and the current financial crisis it was facing?

Yin Huifen on the other end of the phone just answered "yeah", and finally said: "Son, you know it's not that easy to set up a company, right? You arrange for someone to come to Macau tomorrow, and I'll help you with the funding."

Liu Zhicheng was a little excited and said, "Thank you, Mom."

"I'm your mother, you're welcome. Your father and I will come to see you in a few days."

"We welcome parents to guide our work."

"We only care about our son, not the factory."

After that, the two sides chatted for a while and then hung up the phone. At this time, Liu Zhicheng slumped down on a large chair, as if he had put down a heavy burden, and his mood suddenly became much more relaxed.

With such a doting mother, why would he be afraid of not being successful in Hong Kong? Impossible!
…………

Because of the need to purchase various accessories, some of which were purchased from overseas, the official start of production was delayed until November 11.

Liu Zhicheng was very dissatisfied with this performance. It seemed that he was only suitable to be a "strategist" but not a "tactician". Professional matters should be left to professionals.

During this time, his mother Yin Huifen and father Liu Yanxin came from Macau to visit him and formally appointed Huo Haiqing as the general manager of the orange factory.

On the day of production, Liu Zhicheng came to the orange factory and saw the roar of machines running at full capacity again. He felt inexplicably excited because he smelled money.

The workers were not very skilled at the beginning, so they could only produce 80 units per shift at most. After they became skilled, the production capacity could be increased to 120 units. In other words, two shifts could produce about 240 units per day.

Therefore, Liu Zhicheng decided to produce a batch of reserves in advance, and occupy the Hong Kong market as soon as possible, creating a grand sensation, so that other companies would not have time to copy them, and would have to follow suit and seize the market in a short period of time.

Before production even started, Liu Zhicheng had already invested nearly 10 million yuan (mainly on spare parts purchase costs), and his funds had already run out.

Now that claw machines have begun mass production, we must try every possible way and exhaust every means to open up sales channels and be prepared to "sell before buying". Otherwise, we may really go bankrupt.

(End of this chapter)