Replay 07: Opening the Temple of Learning

Chapter 65: Capitalists are really good at playing (please read more!)

Luo Jianfeng is still confident in the academic quality and level of the students he teaches.

Although Jinbei University of Technology is located in the inland, its economic conditions and teaching resources are far inferior to those of Peking University and Tsinghua University, and are also inferior to the 211 and 985 universities in coastal cities.

However, Jinbei University of Technology is indeed a key university in the national military industry.

The more remote, the more confidential!

Students in first-tier cities and coastal universities may choose more practical majors, such as economics, computer science, network, etc., because of their favorable living conditions and the temptation of the so-called high-quality life in the West.

But many students at Jinbei University of Technology are so stupid that they just like to do wind tunnel experiments and electronic warfare in caves.

People always need some beliefs to live.

Since Fang Bin said it was a good paper, Luo Jianfeng decided to take a look at it.

After receiving the paper via email, Luo Jianfeng read it word by word.

Not only did he read the paper, but he also compared some of the technical principles mentioned in the paper with the knowledge that Luo Jianfeng had currently mastered.

Luo Jianfeng spent half a day to finish reading the paper in detail.

He felt refreshed in every pore!

He didn't even have time to reply to Fang Bin on whether this paper was good or bad.

Should the paper be published in Zone 1 or Zone 2?

Instead, he took his thesis and plunged directly into his own mechanical engineering laboratory.

He even brought back some graduate students who had already gone on winter vacation.

Many colleges and research institutes across the university have already gone on holiday.

Jiangzhou City, Lisheng Factory.

"What did you say? I was just wondering why all the orders were gone in the past two days!"

"You rip-off bitch!"

Lu Xiang told Lu Peng everything, saying that he had sold the technology for improving the equipment and producing lower-cost front springs to Jiangzhou Machinery Factory.

He also took out the technology transfer agreement signed between Lisheng Factory and Jiangzhou Machinery Factory.

Lu Peng's face turned dark, and he asked why the factory had lost all orders during this period and many skilled workers had resigned.

After all this time, all of them were poached by Jiangzhou Machinery Factory!
And the culprit is his own younger brother!
"Do you know that this technology belongs to Lu Dehai? Do you also know that this technology is the foundation of our Lisheng?"

"You are doing this for a little bit of profit. If you do this, our factory will not be able to operate!"

Lu Peng was so angry that he was shaking all over. He picked up the ashtray from the table and was about to smash it over.

Lu Xiang quickly grabbed his brother's hand and said with a smile: "Brother, if we really rely on front suspension springs to make money, then all the profits will go to Lu Dehai, right?"

"He's just a temporary worker! Are you really willing to give him 40% of the profits from the factory we've worked so hard to run for so many years?"

These words almost touched Lu Peng's heart.

Lu Peng endured it and put the ashtray down.

Lu Xiang took out a cigarette from his bag with a smile and gave one to Lu Peng.

"Brother, I'm not stupid. How could I give up the profitable business right in front of me and sell the factory for a small profit in one day?"

"Please read the agreement carefully. We have signed a package cooperation agreement with Jiangzhou Machinery Factory." "We have transferred the lower-cost front spring production technology to Jiangzhou Machinery Factory. Our equipment is not idle. Jiangzhou Machinery Factory promised to give us orders for other types of springs and also included us in the direct OEM factory to sign a five-year OEM agreement, which can ensure that our future profits will only increase."

It is already a great achievement for Lisheng to have an annual revenue of 200,000 or 300,000 yuan. Even if Lisheng works at full capacity to produce front springs, it would only be 200,000 or 300,000 yuan a year.

For Jiangzhou Machinery Factory, the annual output value of front springs is as high as one million.

Therefore, Jiangzhou Machinery Factory is willing to exchange other business worth two or three hundred thousand for Lisheng's technology.

Lu Peng looked at the cooperation agreement and saw that it was indeed written like this.

Business is not easy now. If we can rely on the Jiangzhou Machinery Factory with technology to ensure business for the next four to five years, this deal will still be a good deal.

"But, brother. Before we start producing new products, we have to get Lu Dehai out first."

"We can't let him bully us like a blood-sucking worm and eat us for the rest of his life!"

Lu Peng's expression was very ugly.

On the one hand, he was indeed grateful to Lu Dehai from the bottom of his heart. After all, at the most critical moment of the factory, it was Lu Dehai who, with his own efforts, turned the factory from loss to profit and found a new way out.

On the other hand, he was indeed heartbroken. In the month before the Spring Festival, the factory had a net profit of 3 yuan, and things would definitely get better and better in the future.

But if the 3 yuan is used for dividends without deducting capital reserves, Lu Dehai will be able to get yuan according to the proportion, while he himself will only get yuan.

Who wouldn’t feel sad when the money you earn goes into someone else’s pocket?
Lu Peng said, "The equity of this factory is clearly signed in black and white. Do you want to breach the contract?"

Lu Xiang laughed and said, "Who wants to break the contract for no reason?"

"Let's just give him up."

"First, Jiangzhou Machinery Factory no longer needs our products, and our factory no longer has any profitable projects."

"Secondly, I found an accounting firm and asked them to come up with some solutions and arrange several projects for us that resulted in serious losses."

"Lu Dehai is a shareholder. He gets his share of profits and losses. A loss of hundreds of thousands of dollars would scare him to death."

"We can scare him with a few losses from the projects, give him some year-end bonus, and ask him to withdraw his shares and leave. That will be the best thing we can do for him."

The financial report prepared by Lu Xiangjiang Accounting Firm was handed to Lu Peng.

Lisheng Spring Factory was originally a small factory.

There are so many ways for those battle-hardened accounting firms in Jiangzhou City to short sell a small factory.

The firm adopted the simplest and most practical method to make Lisheng lose money.

First, let the Lisheng factory and the raw material supplier sign a large raw material supply agreement.

There is a reason for signing this agreement, which is that Lisheng Factory is optimistic about its future development.

There are two reasons for this. The first one is that Jiangzhou Machinery Factory placed a large number of orders some time ago, giving Lisheng a reason to stabilize the supply of raw materials in advance.

The second background is that as domestic housing prices continue to rise, the prices of raw materials behind them are also skyrocketing, including the price of steel.

The skyrocketing price of steel will inevitably cause iron ore companies or related companies to send raw materials to steel mills to produce construction steel, which will also lead to a surge in the price of raw materials for steel products such as springs.

In order to control its own costs, Lisheng locks in raw materials at a lower price in advance. Locking in raw materials is also a normal business operation.

It is not enough to simply sign an advance delivery agreement with the raw material factory to stockpile raw materials.

The accounting firm also used a unique trick.

I beg you to read on! I beg you to read on!
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(End of this chapter)