95: Chapter 95 Acquiring Xiangniu Food Factory! Entering the Snack Industry!

After all, this is illegal!

Back in the day, Huang Jiancheng had been a workshop foreman at a beef jerky factory in Rongcheng.

Later, due to good luck, he happened to encounter urban redevelopment, which not only got him an apartment but also a large relocation payout.

He was also an ambitious man.

After receiving the relocation money, he didn't spend it on vices like gambling or womanizing.

Instead, he planned to start his own business and become a boss, a move his wife was very supportive of.

He felt that making beef snacks was quite profitable, and he was skilled at it.

So, he simply rented a factory space in an industrial park and purchased equipment.

He established his own food enterprise and created his own brand.

Although the food factory continued to lose money when it first opened, Huang Jiancheng still had confidence.

He believed that as long as he opened up sales channels, business would improve!

But after waiting a year, having established both online and offline channels,

the food factory still showed no signs of profit, which made him quite distressed!

Losing tens of thousands or even over a hundred thousand every month felt like being cut by a dull knife.

It was constantly slicing away at the remaining relocation money in his bank account!

Long-term losses made it hard for him to sleep at night.

Even his wife complained about him frequently.

She said that holding onto a failing factory and losing money every month was pointless, and he might as well transfer it early!

She felt annoyed every time she looked at the account books!

He had asked friends if anyone wanted to take over the food factory, but no one was willing to make a move.

"Coincidentally," Su Yang arrived right at this moment!

In the reception area, Su Yang chatted with Huang Jiancheng for a while.

Afterward, he was taken by Huang Jiancheng to tour the factory floor.

Huang Jiancheng had been quite ambitious initially, investing over four million.

He had introduced relatively advanced production equipment.

He also rented over a thousand square meters of factory space in the industrial park and hired over a hundred workers.

He reached cooperation agreements with cattle farmers to ensure a supply of beef.

The factory had its own trademark and could produce various common beef snacks on the market.

For example, spicy beef jerky, shredded beef, spiced beef, beef cubes, and beef slices.

Through the factory glass, Su Yang glanced at the workers wearing white uniforms and masks, busy processing fresh beef, and asked skeptically, "It doesn't look like there are a hundred employees, does it?"

In a factory space of over a thousand square meters, a dozen or so workers indeed looked sparse!

Huang Jiancheng smiled awkwardly.

Next, Su Yang toured the other departments of the food factory.

Including warehousing, purchasing, engineering, finance, and marketing.

Returning to the reception room, Su Yang asked directly, "Does the company have any debt issues?"

Huang Jiancheng shook his head and said, "No!"

He had his own money and didn't need to borrow any.

Besides, with a factory that was constantly losing money,

no bank would be willing to lend to him anyway.

"I'm quite interested in making snacks. How much would you sell the company to me for?"

Huang Jiancheng said, "Four million. For four million, I'll give you the company!"

Su Yang thought for a moment and said, "I can't agree to that immediately. I need to audit your company's asset situation!"

"This..."

"Is that alright?"

"Fine!"

Consequently, Su Yang had Ji Guoxiong lead a team to audit the Xiangniu Food Factory's registered capital, equipment performance and value, company business registration information, taxes, legal status, and debts, and obtained a rough valuation of the snack factory.

After a few days of hassle, Su Yang and Huang Jiancheng returned to the negotiating table.

Huang Jiancheng wanted four million, but Su Yang insisted on two point six million.

"That's too little!" Huang Jiancheng gritted his teeth and said.

"Your food factory is only worth that much. Your brand trademark isn't valuable, and in your hands, the factory will only continue to lose more money!" Su Yang said with a smile. "You might as well hand it over to me!"

Huang Jiancheng: "That's impossible!"

"Then forget it!" Su Yang stood up and said. "If you change your mind, give me a call. However, I'm also looking into other snack factories. If another one is more suitable, then there's nothing I can do."

After saying goodbye, Su Yang left with Feng Hua.

Getting into the car, Su Yang ordered directly, "Feng Hua, go to the gym!"

"Very well, Boss!"

Checking out other snack factories was, of course, a lie.

He had already investigated the nearby snack factories long ago.

Xiangniu Food Factory was the most suitable for him right now.

By the afternoon, Su Yang suddenly received a call from an unknown number.

"May I ask if this is President Su?"

An unfamiliar female voice asked.

"I am Su Yang. May I ask who you are..."

The woman on the phone said, "I am Huang Jiancheng's wife!"

"Oh!"

Su Yang couldn't help but smile.

"We can sell the company to you for two point six million!"

"Good!"

Su Yang didn't continue to haggle.

Since the other party had compromised, pushing the price lower now might cause complications.

For a period afterward, Cheng Haoquan, the Vice President of Jiuxiang Catering who was quite familiar with food processing, helped Su Yang take over the Xiangniu Food Factory. Su Yang also took the opportunity to establish Jiuxiang Food Company.

Tan Yanghong was appointed as the General Manager of the company.

He was also someone Su Yang had poached through a headhunting firm.

He was previously a member of the management team at a snack industry giant and possessed expert-level skills in snack enterprise management and operations.

Su Yang gave him the usual package of a 500,000 annual salary and 5% in dry shares.

Su Yang did not appoint other vice presidents for the time being.

Most of the other employees were the original staff from the Xiangniu Food Factory; Huang Jiancheng's departmental configuration was already quite complete for a food company.

However, after Huang Jiancheng left, his wife and a few relatives also resigned one after another, leaving several key positions vacant. Su Yang had a few employees transferred from Jiuxiang Catering to fill in temporarily, and then had Tan Yanghong handle the recruitment.

[Ding~ You have acquired a food company, and your Jiuxiang Food now has its first employee. You have received an achievement reward: 1 constitution point; your snack company can receive one permanent buff.]

[1. Flavor Enhancement, 2. Additive Harm Reduction, 3. Production Efficiency Increase, 4. R&D Efficiency Bonus, 5. Production Contamination Probability Reduction... Please choose!]

Su Yang did not hesitate and directly chose Flavor Enhancement!

[Ding~ Your snack products have permanently received a +15% Flavor Enhancement buff.]

[Ding~ The number of employees at your Jiuxiang Food has exceeded 10. You have received an achievement reward: 2 constitution points; your snack company can receive one new permanent buff.]

[1. Flavor Enhancement, 2. Additive Harm Reduction, 3. Production Efficiency Increase, 4. R&D Efficiency Bonus, 5. Food Contamination Probability Reduction... Please choose!]

This time, Su Yang chose Food Contamination Probability Reduction.

Many snack products indeed contain additives.

But the amount of additives is limited and generally does not affect the consumer's health.

However, food contamination is troublesome; a slight oversight could lead to a major problem!

The other options, production efficiency and R&D efficiency, were of no use to his food company.

[Ding~ Your snack products have permanently received a +30% Flavor Enhancement and -15% Food Contamination Probability buff.]

After everything was ready, Su Yang held an all-staff meeting.

Jiuxiang Food Company now had a total of only 33 employees.

Including 20 general workers.

And 13 other personnel in management, quality control, finance, purchasing, sales, etc.

The reason there were so few workers was naturally because the others had all been laid off by Huang Jiancheng.

Commonly known as cost reduction and efficiency improvement!

Product sales were poor, and everything was piling up in the warehouse.

The more products produced, the more money was lost.

This could be considered a helpless move by Huang Jiancheng!

Su Yang glanced at the snack factory workers and noticed that there were both men and women.

Most were somewhat older, with very few young workers.

This was also unavoidable!

The working environment in a food factory was even worse than in an electronics factory!

In an electronics factory, many jobs could be done while sitting, and most were relatively mechanical tasks.

But a food factory was different!

Because it involved food processing and production, strict hygiene and safety standards had to be followed.

Working in a food factory, employees needed to stand for long periods and operate machinery, and they needed to handle large quantities of ingredients and raw materials.

They also had to endure adverse conditions like high temperatures and noise.

Therefore, fewer people were willing to work in a food factory than in an electronics factory!