Siheyuan: Taking over the steel mill

In this day and age, most people are wary of borrowing money, and even if banks actively promote it, most people are still unwilling to take on debt.

Today, most people still think of saving as much money as possible and depositing the savings in the bank, hoping to increase their wealth through fixed deposit interest.

As for doing business, it is seen as a speculative behavior and almost no one is willing to try it.

Those who are fortunate enough to succeed in business also tend to endure a little more hardship to increase their profits, rather than borrowing money from banks.

For these people, not being able to repay the money they borrow from the bank on time is a huge risk and the burden is unbearable.

But Su Chen's situation is different. If he is eligible to apply for a loan of 30 million yuan, it will help the bank quickly achieve its lending target.

That is why the bank president behaved so attentively towards Suchen - because he was considered a premium customer of the bank.

Su Chen smiled and took a sip of tea, then said, "Not long ago, I signed a personal sales agreement with the consul of Camel Country. I wonder if this contract can be used as collateral."

Then, Su Chen took out the agreement from his pocket.

Originally, he planned to find a place to safely store the agreement, but before that he happened to encounter this incident, so he used it as collateral.

Although the bank president was a little puzzled, he took the document and examined it carefully.

"What a huge amount this is."

The bank president opened his eyes wide; he had never seen such a high order volume before and his surprise was beyond words.

"This contract should not be qualified as a guarantee for 30 million yuan, right?"

Seeing the other party's reaction, Su Chen wondered if the amount was insufficient, but in fact such a large-scale exchange of US dollars should be enough to apply for a loan without any problem.

Seeing Su Chen's somewhat puzzled expression, the president hurriedly began to explain.

"No problem, no problem. This agreement can be used as proof of loan issuance. The 30 million yuan limit is fully sufficient. Do you want to directly transfer the funds to the corporate account of the Red Star Steel Rolling Mill?"

"Okay, that's it."

After solving this problem, Su Chen breathed a sigh of relief; he was also worried that this contract would not be applicable.

The bank’s president added:

"Red Star Steel Rolling Mill is included in the list of companies that enjoy preferential foreign exchange policies and treatment; according to the various terms and conditions under the regulations, your annual repayment rate is only one thousandth."

In the process of applying for the 30 million yuan loan, he noticed that the information displayed on the system included the special credit status of the Red Star Steel Rolling Mill, which indicated that there must be something special behind it.

I thought it was just a simple revitalization, but now I find that it is within the scope of policy preferential treatment.

This means that there is considerable influence behind Su Chen.

The president didn't expect that Su Chen would choose to cooperate with their bank instead of the state-owned bank.

Now, he hopes to stabilize this key customer as soon as possible.

"Only one thousandth of an annual rate? That's pretty good."

Such a low interest rate means that this huge loan is basically equivalent to zero interest.

It was a great deal for Su Chen, as he got huge discounts from the bank.

But he still pursed his lips regretfully, feeling somewhat unsatisfied.

The bank president is so positive about the loan of 30 million. If Su Chen lends more, the president will probably kneel down and beg him.

For Su Chen, the loans of ordinary people are just a burden of tens of thousands or hundreds of thousands, but when he borrows tens of millions, it is no longer a burden but an asset.

In the future, even banks may actively provide various support to prevent Su Chen’s company from going bankrupt.

Ordinary people cannot imagine such a huge amount of loans, but for banks, as long as they can recover the funds, it will be a very beneficial result.

Funds only have value when they are circulated. What lies motionless in the bank are just a few cold numbers.

Large customers of the real economy like Suchen are exactly the target users that banks are competing for.

If you simply borrow money but don't use it for turnover, the money will become dead money.

Su Chen understood this, so he decided to convert the money into active capital.

Otherwise, if you just lend money without using it properly, you will eventually end up in a situation where you cannot repay it.

He knew this clearly, so he had no guilt when talking about borrowing money.

A small amount of money is lent to you by others, while a large amount of money is lent to you to show your own value.

If the bank president wasn't so easily frightened, Su Chen might actually dare to borrow more.

But in this day and age, even if Su Chen wanted to borrow 100 million yuan, no bank would easily agree.

This is just a fantasy of his.

But if he had 100 million in cash, Su Chen would not have to worry about production capacity not keeping up with market demand. He would be able to expand the scale of the factory, manufacture and sell gas tanks and turbojet engines to the international market. Then he would reap huge wealth.

However, the 30 million now is also a very good condition. Success always requires time and steps to accumulate.

Shortly after the loan contract was signed, 30 million yuan arrived in the account.

This bank had no other need for funds, so the transfer speed was extremely fast. As soon as the money arrived, Su Chen rushed to the steel mill.

"Assistant Zhang, please go and invite back these senior technical workers who were laid off."

"Director, is it appropriate to allow those elderly employees to return to their jobs?"

Zhang Aimin’s eyes widened.

As far as I can remember, most of the workers are already quite old. If they were asked to go back to work in the factory, wouldn't it be like a retirement center?

"Don't worry about it. You just need to ask them to come back."

"Okay, Director."

“At the same time, we invited the professional backbone personnel who were laid off from other factories across the country to come here.”

Now that the money problem has been solved, plans to expand the steel mill are imminent; the current size clearly does not meet its long-term goals.

It just so happened that large-scale layoffs were occurring frequently during the restructuring of state-owned enterprises. Su Chen took this opportunity to bring all the underutilized skilled employees under his command!

"Director, but there aren't that many jobs available in the factory."

I was once again puzzled by Su Chen's thoughts.

However, he knew, "These are very valuable talents, and they should not be left on the streets and become a burden to society!"

During the current economic transition, the reform of state-owned enterprises has forced a large number of people who rely on so-called "iron rice bowls" to find new ways out.

In this day and age, many workers have lost their jobs due to industry depression. Workers who originally had professional skills in steel mills and steelmaking plants can only switch to small businesses or even wash dishes and sweep the floor for others to make a living.

This wave of layoffs is not only fierce, but also causes the loss of many outstanding talents.

Su Chen has a huge sum of money in his hands, so he naturally has to use it wisely.

Su Chen had already made sure of the problem of job shortage that Zhang Aimin was worried about.

"Director, although our current financial situation is sufficient to pay the salaries of other employees, this amount of money is obviously not enough if we want to recruit more people on a large scale."

Zhang Aimin said worriedly.

Su Chen's idea did touch Zhang Aimin, but as the assistant to the factory director, he had to care about the long-term development of the steel mill.

"Don't worry, the value of these professionals cannot be measured by money, and I have my own way to deal with it.

The factory now has 30 million yuan in working capital, so recruiting new people or expanding the factory is no problem.”

Su Chen's words shocked Zhang Aimin. He couldn't believe what he heard.

"Director, you are serious, right? Thirty million? This is truly astonishing!"

"Just do it. Our factory is not short of money, and we will not be short of money in the future."

Su Chen waved his hand, indicating that there was no need to worry.

The most urgent task for steel mills at present is not to save costs, but to expand financial resources.

Having already borrowed so much, you might as well give it a try and get a bigger return.

Su Chen also has his own unique advantages. As long as the system can provide continuous supply, he will not worry about the factory facing difficulties.

Zhang Aimin was inspired by Su Chen's confidence and nodded excitedly.

"Don't worry, Director. I'll organize the recruitment right away."

After saying that, he hurried out, his face full of hope for the future.

At first, he only thought that Su Chen's gas tank plan could revive the factory, and he was not sure whether the future would be easy. But now Su Chen's attention has been turned to laid-off workers across the country, and he is deeply impressed by this pattern.

Compared with others who are only limited to one corner, Su Chen has his eyes on the whole country. His vision is so broad.

At this moment, Zhang Aimin deeply felt that he had followed the right **. If he had not been transferred to assist Su Chen, he would have hardly had such an opportunity to continue learning.

After seeing Zhang Aimin leave, Su Chen couldn't help but smile, and then ordered the relevant personnel from the engineering department to come.

What we just said about building a new factory is not empty talk, but an actual plan.

The steel rolling mill has a rich heritage, and despite being on the verge of bankruptcy, all its departments are still complete.

Therefore, Su Chen does not need to establish or expand an additional department, and can directly use the previous engineering department staff to operate efficiently.

At his command, the engineering department staff immediately rushed to the meeting, without having time to deal with the work at hand.

Su Chen sat in the conference room and waited for a while. Soon he saw seven or eight people arriving one after another, filling the conference room.

"I called you all here this time to tell you a good news: our factory plans to build a new factory building."

As soon as Su Chen's words came out, the eyes of the members of the engineering department immediately lit up.

In the factory, apart from repairing roads and walls, they rarely have other important work to do.

Upon hearing that a new factory building was going to be built, the young leaders of the engineering department immediately became excited and were eager to get started.

"Director, we have almost no extra space in our factory for the construction of a new factory building."

The head of engineering department looked worried.

There was indeed a vacant lot in the factory, but the place was too small. In addition, it had previously been used as Su Chen's experimental base, so it was no longer suitable as the location for the new factory.

“It’s nothing, you don’t have to worry about it.

After I sold the gas tanks, our superiors have allocated us a few acres of land for special use. You can go and have a look. If you find a suitable place, you can use it to build a new factory. "

As Su Chen spoke, he handed over the contract that had been signed previously.

Among the benefits of this transaction, the land department specially approved a large piece of cheap land for the factory, which was exclusively used for the steel rolling mill.

Su Chen didn't want this land to go to waste, so he decided to make full use of it.

Fortunately, the land was located near a steel rolling mill, which allowed the plant to be further expanded.

Ever since acquiring this land, Suchen has been hoping to expand the factory.

According to his long-term vision, the existing factory scale is far from large enough and must be expanded several times to meet future production capacity needs.

The head of the engineering department read the relevant content in the contract and saw that it clearly stated that three acres of land could be used for the construction of a new factory. He immediately stood up with excitement.

"Don't worry, Director. Leave this to me. I will ensure it is completed quickly and with high quality!"

Finally, there was an opportunity to undertake a big project. The supervisor was secretly competing in his heart, hoping to let Su Chen see his ability instead of just occupying the position in vain.

However, Su Chen was not worried at all about the construction of the new factory building. The factory's engineering department was fully capable of handling such a relatively simple task.

The engineering department will also be able to take charge of the subsequent water and electricity work.

“We hope to complete the factory building as soon as possible and ensure the quality of the construction.”

he warned.

He was anxiously waiting for the factory to be completed so that he could start the next production plan as soon as possible.

The supervisor then led the team out to conduct on-site inspections and pre-construction preparations.

*

After solving the most critical issues of manpower and venue arrangements, Su Chen had no plans to stay any longer.

In the past, the former factory director, Mr. Yang, liked to walk around the factory in circles, as if only by doing so could he demonstrate his status as factory director.

But now Su Chen is obviously more pragmatic, and he no longer needs to rely on such forms to demonstrate his authority.

There is no need for him to intervene in the current matter, his subordinates will handle it themselves.

After all, Su Chen is no longer the college student who was questioned by everyone when he first took over the steel mill.

After this period of hard work, he has established considerable authority in the factory, and now all employees, both at the lower and upper levels, respect him very much.

Even if Suchen is not present on the production line, the employees can still work hard consciously. The reason is simple - excellent performance will result in generous bonuses; slacking off may lead to losing their jobs.

The current Red Star Steel Rolling Mill is no longer a state-owned unit, but Su Chen’s private property, so there is no such thing as a so-called iron rice bowl.

Su Chen felt relaxed and happy. After finishing the affairs at the factory, he prepared to go home.

He thought that instead of wasting time here, it would be better to go home and go fishing.

Just as Su Chen walked to the factory gate, he saw from afar a man being stopped by security personnel.

"Who are you? You need to register to come to our factory. You can't just come in casually."

The security personnel were quite resolute, their backs straightened, and they blocked the man without hesitation.

Su Chen felt that this person looked familiar. When he got closer, he found that it was Yang Xue.

What is this little girl doing here today?

Although Yang Xue seemed a little reluctant, she still obediently filled out the visitor information.

"You saw me the last time I came here. I've already talked to your factory manager. You're not an outsider, so why do you need to register again?"

"This is the factory rule. No matter who comes, even if it's the minister or the mayor, they have to follow the rules."

The security guard had a stern face, but his attitude towards Yang Xue was not affected.

As Yang Xue angrily completed the registration, she suddenly saw Su Chen coming over.

The anger on his face instantly turned into a smile.

Yang Xue waved at Su Chen, the happiness on her face was obvious, which made Su Chen feel embarrassed.

"Su Chen! Here! Great, you haven't left yet."

With a little confusion, Su Chen walked towards Yang Xue.

"Hello, director."

The security guard saluted Su Chen respectfully and stood aside.

The security team is mostly composed of retired soldiers and maintains the customary style of the army.

After Su Chen nodded in greeting, he turned his attention back to Yang Xue.

"What are you doing here?"

"Didn't I help you entertain the Camel Country consulate and serve as an interpreter? At that time, you spoke Camel Country very well, so I thought I could discuss some language learning issues with you."

In fact, this was an excuse Yang Xue made for herself; when she went to the factory with the Tuo Country delegation, Su Chen's image left a very good impression on her, so she came up with a reasonable reason to come here to see Su Chen.

Yang Xue was afraid of being rejected if she just visited him without any reason, because she had tried to approach him more than once without getting a response.

Su Chen was a little surprised after hearing the explanation, but since he did not have any particularly important work in the factory at the moment, there was nothing wrong with chatting about foreign languages ​​with this girl.

"Sure, where do you want to talk? The noise in the factory is too loud."

You know, Su Chen's ability to master multiple foreign languages ​​​​was entirely due to the rewards of the system; as for actual learning methods, he had no experience.

But if he was just answering some specific translation questions, he was still quite confident.

After hearing Su Chen's agreement, Yang Xue immediately showed a happy expression.

"I know there's a nice coffee shop in Sijiu City. Why don't we go there and have a cup of coffee and chat?"

"I've tried the coffee there, and it really tastes good."

Su Chen said thoughtfully that today's international students, after returning to China after a period of further study abroad, have almost all developed a Western lifestyle, and if they don't drink two or three cups of coffee, they are not considered to have studied abroad.