85: The era of inventory competition begins!

Therefore, Shuguang Technology doesn't have much time left. Before December, which is within two and a half months, Lin Chen must find a way to secure at least 230 million in equipment procurement funds!

Thinking of this, Lin Chen felt a huge wave of pressure.

It seems that the new factory's construction speed being too fast isn't necessarily good. If the total construction period were extended to 8 or 9 months, Shuguang Technology's profits could naturally support the factory's construction.

However, the total construction period for the new factory is only a little over four and a half months, so Shuguang Technology's financial pressure is indeed quite significant.

But no matter how great the pressure, it must be endured. As long as it's overcome, Shuguang Technology will have a mobile phone factory capable of producing one million units per month and 12 million units annually.

Only then will it be qualified to compete with Boda Mobile, Nokia, Motorola, and Samsung, and achieve its next major goal.

With a decision made, Lin Chen focused on inspecting the construction of the new factory. As he inspected, he spoke earnestly:

"Director Wu, the construction materials for the new factory must be sufficient. I hope to build a mobile phone factory that can last for at least 50 years, not a shoddy product that only lasts a decade or so.

If certain slightly more expensive materials or equipment can improve the factory's stability and quality, you can tell me, and I will specially approve their use."

In response, Wu Gang, the site director responsible for this construction project, naturally patted his chest and guaranteed:

"I understand. Don't worry, our Pengcheng Construction Group has built factories for many electronics manufacturers in Pengcheng, and even Jinli Mobile's factory construction recently specifically requested us to undertake it.

You can leave this factory to me. Our workers are all demobilized veterans from the military, they never cut corners, and the materials used are absolutely sufficient."

Lin Chen nodded slightly upon hearing this. The fact that this construction team was a military-to-civilian team was one of the reasons he considered having this construction company undertake the project.

Of course, Lin Chen would not simply believe what others said. In terms of construction site management, Lin Chen also entrusted a third-party construction company and his own hired inspection personnel to verify the construction quality.

So, although Pengcheng Construction Group is currently responsible for the construction of the building site,

there are actually three parties inspecting the factory construction: Lin Chen's own people, the entrusted third-party construction company, and Pengcheng Construction Group's own inspection personnel.

Therefore, there is no need to worry about the quality of the factory's construction. As long as Lin Chen ensures the capital chain doesn't break, the factory will definitely be completed.

Thus, after spending most of the day inspecting the new factory's construction, Lin Chen returned to the old Shuguang factory.

Shuguang Technology's next task is to secure at least 230 million for equipment procurement before December. In addition, the construction cost for the factory shell alone is as high as 95 million, and the factory construction funds must be prioritized and not stopped.

Therefore, Shuguang Technology needs to obtain at least 300 million before December to avoid worrying about construction interruptions, and how to quickly obtain 300 million is a headache...

...

The next day, at Shuguang Technology's old mobile phone factory.

"At least 300 million to be safe? This is truly a headache."

Huang Hua felt a huge headache looking at the new factory's construction funding requirements.

"Master, why don't we complete the factory building first and then slowly purchase the equipment?"

It was Chen Dong, responsible for mobile phone production, who spoke. His brows were tightly furrowed, and he looked very troubled.

After all, to be honest, the new factory with an annual production capacity of 12 million mobile phones indeed put a lot of pressure on Shuguang Technology, practically burdening Shuguang Technology with a massive mountain.

Although Shuguang Technology's future will certainly be bright once the new factory is successfully built, they first need to get through this difficult period.

At this moment, Huang Hua, who was responsible for mobile phone sales, also nodded slightly in agreement after hearing Chen Dong's words:

"Indeed, we can use two months' profit to first complete the factory shell construction, and as for the equipment, we can purchase it slowly later."

Lin Chen, however, shook his head slightly and then said thoughtfully:

"This year and next year will be the most frantic years for the domestic mobile phone market. Not only will mobile phone sales see insane growth, but it will also be a year when many ten-million-unit-level mobile phone factories are built and put into operation.

Boda Mobile is building a mobile phone factory with an annual capacity of 15 million units, Panda Mobile officially started construction of a 10 million-unit annual capacity factory last month, and this month, Southern High-Tech is also building a 10 million-unit annual capacity mobile phone factory.

In addition, Haier Mobile is also building a mobile phone factory with an annual capacity of 10 million units, while Samsung and Kexin have jointly established a mobile phone factory with an annual capacity of 10 million units.

Finally, including us, there are currently 6 manufacturers building mobile phone factories with an annual capacity of 10 million units, which means the total production capacity of just our 6 companies alone reaches 67 million mobile phones!

Besides that, we also have to count TLC phone's 5 million annual capacity, Xiamen New Mobile's 6 million annual capacity, ZTE Mobile..."

At this moment, Huang Hua and Chen Dong fell silent upon hearing Lin Chen list the production capacities of other mobile phone brands' new factories under construction.

Although production capacity does not represent the actual number of mobile phones that can be sold, the level of production capacity represents the production limit.

It also represents the huge construction and operating costs of the factory, meaning that a certain number of mobile phones must be produced to avoid losses.

After all, the factory is there; whether you produce or not, it will lose money. Workers need wages, machines have depreciation costs, and machines need regular maintenance, otherwise, damage will result in even greater losses.

Therefore, the greater the mobile phone factory's production capacity, the greater the operating pressure on the factory, and a corresponding number of mobile phones must be produced to avoid losses.

At this time, Huang Hua and Chen Dong felt immense pressure seeing so many mobile phone brands aggressively expanding production this year.

Those mobile phone manufacturers expanding production so much will surely sell mobile phones like crazy, which also means that the domestic mobile phone market will undergo a terrifying massacre, a battle royale!

In this battle royale, many manufacturers will certainly be eliminated, and some manufacturers will definitely become the final kings, leading to the strong getting stronger and the weak getting weaker.

If their Shuguang Mobile were to truly slow down its development now, for example, completing its new mobile phone factory only after eight or nine months,

then the enemies would have already consumed large portions of the market and grown during that time. And most importantly, the current mobile phone market is very frantic and sells very well.

If it weren't frantic and selling well, it wouldn't be enough for so many mobile phone manufacturers to collectively build ten-million-unit-level mobile phone factories this year. So now is the golden age of the mobile phone market!

But this situation won't last long. Once those mobile phone manufacturers' factories are completed, they will definitely find ways to sell their mobile phones to avoid losses.

PS: Today's two chapters have been updated. Whether there will be more explosive updates depends on you, brothers.

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