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66: Sudden decision

While he was thinking, the office door was pushed open in a hurry, and Yang Xiaoxia rushed in.

"General Manager Liu, I contacted Director Shen, but, but..." Yang Xiaoxia said breathlessly.

"But what?" Liu Xiaolin said, frowning.

"Due to poor management, their factory has long been running at a deficit. The goods we ordered this time were also the first batch they barely managed to scrape together. They originally planned to rush the second and third batches for us once the payment arrived, but who knew they would be soaked and damaged on the way due to the vehicle catching fire." Yang Xiaoxia looked depressed: "The driver only bought vehicle insurance, not cargo insurance."

"You mean Director Shen's side can't deliver on time?" Liu Xiaolin was anxious: "How did you find suppliers?"

"I, I, I just used them because their quote was low." Yang Xiaoxia replied in a voice so low it was almost inaudible.

"Didn't I tell you that suppliers should be left with room to make money? Otherwise, if suppliers don't make money, the final result is that they can't survive, causing problems with downstream supply." Liu Xiaolin shook his head in anger.

"When I chose the packaging supplier, I hadn't discussed the choice of suppliers with you yet. Before, I always prioritized low prices and never thought it would lead to such a terrible outcome." Yang Xiaoxia was very uneasy.

Just now, Yang Xiaoxia only learned about the specific situation on Director Shen's side.

Director Shen desperately lowered prices to expand market share, trying to suppress competitors through price wars. After occupying the market, he planned to pursue independent pricing power.

Unexpectedly, the ideal was great, but reality was deadly! Because the price was too low, the cost price was higher than the selling price, leading to more losses the more goods were sold.

In the end, the capital chain broke, and he couldn't find investment, so the factory was on the verge of bankruptcy.

With great difficulty, he secured this supply contract with Jiangnan Machinery Factory at a price that would yield a small profit, originally thinking he could sustain the factory for a while through this contract. However, contrary to his hopes, the delivery truck caught fire on the way, and the packaging was also soaked and damaged.

This cargo damage became the last straw that broke the camel's back.

On the phone, Director Shen told Yang Xiaoxia the truth: "Minister Yang, I'm sorry, I can't raise funds to supply your Jiangnan Machinery Factory anymore. My factory hasn't paid wages for several months, and the rent hasn't been paid for several months either. I'm powerless to turn things around now."

"Then what should I do?" Yang Xiaoxia was stunned.

"You should quickly find another supplier. Let me tell you this, even if I sell all the equipment in my factory, I still can't pay off the debts. Since I can't find investment, I can only apply for bankruptcy." Director Shen said dejectedly.

Yang Xiaoxia was so angry she didn't know what to do. She recounted the entire conversation she just had with Director Shen to Liu Xiaolin.

"General Manager Liu, what do you think we should do now?" Yang Xiaoxia was so anxious she was about to cry.

"You mean their factory is going to close down? Are they planning to sell it?" Liu Xiaolin asked.

"Probably." Yang Xiaoxia said dejectedly.

"Or, what if we buy his factory?" Liu Xiaolin suddenly had a bold idea.

"What did you say? Buy his factory?" Yang Xiaoxia couldn't believe her ears. m.x33xs.com

"Yes, their factory is not far from here. I calculated it's about a five-hour drive. Once the highway is open, it will only take a little over two hours." Liu Xiaolin said, tapping the table.

"But where would we get so much money to buy his factory? Our Jiangnan Machinery Factory has only just started to improve; you could say we're still living hand to mouth." Yang Xiaoxia was fully aware of the factory's current situation.

"You don't need to worry about that. Here's what we'll do, give me Director Shen's phone number, and I'll talk to him." Liu Xiaolin wouldn't easily change his mind once he had made it up.

Yang Xiaoxia looked at Liu Xiaolin with doubt, then read out Director Shen's mobile number.

Liu Xiaolin then dialed the number Yang Xiaoxia read out: "Is that Director Shen? Hello, I am Liu Xiaolin from Jiangnan Machinery Factory."

"Jiangnan Machinery Factory? You're General Manager Liu, right? General Manager Liu, I'm really sorry, I truly can't raise the money to supply you anymore." Director Shen's dejected voice came through.

"Director Shen, I'm not calling to rush the order; I want to buy your factory." Liu Xiaolin got straight to the point.

"Really? Do you really want to buy my factory?" Director Shen was like a drowning person who saw a lifebuoy.

If he only sold the equipment, it wouldn't sell for much money at all, but if he sold the factory, the selling price would be quite a bit higher, and at least the workers' wages could be paid. Otherwise, not being able to pay the workers' wages would be too unfair to them.

"Yes, I want to buy your factory, and all the workers can stay and continue working." Liu Xiaolin said affirmatively.

"Then would you like to come and take a look, and we can talk in detail?" Director Shen was worried about being tricked.

"Okay, I'll drive over first thing tomorrow morning and should arrive at your factory around noon." Liu Xiaolin also made decisions quickly.

Yang Xiaoxia listened from the side, her face full of worry: This Xiao Liu, why does he come up with ideas out of nowhere? He wants to buy a cardboard box factory? Where's the money? Where would so much money come from?

. You provided God Wu Ji's Rise of Heavy Industry: Building the Light of National Goods.

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