Rebirth Of The Entrepreneurship Era

Chapter 136: Taking advantage of the situation (second update)

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The day after Lu Pei disappeared, Xu Yiyang went to the Vehicle Administration Office and passed the theoretical written test at the Vehicle Administration Office.

The written test questions were very simple and were basically common knowledge for experienced drivers, so they passed the test easily.

After taking the test, you will immediately report to the driving school to prepare for the internal road test, which includes things such as backing up, sideways, and slope rises.

Because he needed a driving school to make an appointment for the test, Xu Yiyang still went to Dongshili. At Dongshili Driving School, he was divided into classes and coaches with other students.

However, he didn't plan to practice driving. He just needed to register for the test and then take the test directly.

The driving school in Dongshili is right next to Guancheng Garment.

The 20,000 cultural shirts ordered from Li Xuan last time have basically been produced, and there is still a small batch of final orders left to be processed.

And the sales of this batch of cultural shirts are also very good.

The two new branches signed up and gave away 4,000 pieces, and the rest were given away through purchases and gifts.

Seeing that the branches in Quancheng and Qingdao were being renovated, Xu Yiyang planned to order another batch.

I happened to come to Dongshili, and after finishing my business at the driving school, I said to Zhang Chong, "Let's go and visit Guancheng Garments."

Since getting Xu Yiyang's order, Li Xuan's life has become a little easier.

What worried her most before was the inability to pay the wages owed to her employees.

At that time, her family's cash flow had been exhausted, and she had been unable to find a buyer for selling the factory. Her salary of more than 10,000 yuan was already an astronomical figure for her.

Fortunately, Xu Yiyang's big order of 20,000 T-shirts suddenly came down, and she was finally able to breathe a sigh of relief. Not only did she get back all the back wages, but she also made a huge profit.

Although this profit is far from solving the debt crisis faced by the factory, it can relieve her family's urgent needs.

Especially since her father had just been discharged from the hospital, the subsequent recovery would cost a lot of money. With this money, the subsequent medical expenses would also be covered.

However, Guancheng Garment still has a big crisis.

For self-development, I took out a mortgage loan of 220,000 yuan from the bank three years ago, and now I have to pay back almost 260,000 yuan with interest.

The money was used by Li Xuan's father to upgrade equipment and expand the factory.

But what I didn't expect was that the malicious competition from competitors caused the schools and companies that had originally cooperated to stop cooperation with Guancheng Garments, directly dragging Guancheng Garments into the quagmire.

At present, the loan is due to expire in a few months, and Li Xuan plans to sell the factory in these few months.

Li Xuan has calculated the assets of Guancheng Garment. Although the land is rented, there is still a five-year long-term contract. As long as the price does not increase in the next five years, it will be worth at least 20,000 yuan. The cost of the factory itself is not high. And most of them are relatively old. Although they are not worth much money, 30,000 or 40,000 is always no problem.

In addition to these, the most valuable thing is the equipment. The equipment in the factory, new and old, is worth 450,000 to 60,000. Taking into account the land contract and the value of the factory building, it is more reasonable to sell it for more than 500,000.

But the point is, no one bought it.

Not to mention more than 500,000, 400,000, or even 300,000, no one bought it.

The main reason is that the clothing industry in the north is now in a sluggish state due to the impact of the rapid development of the clothing industry in the south.

There are many companies like Guancheng Garments that are facing bankruptcy problems throughout Qilu Province, and no one is willing to take over.

These days, garment factories in northern and inland provinces have only two possibilities for survival.

The first type is a large number of customized orders. You can get customized orders for school uniforms from several schools at once. Two uniforms a year are enough to make a profit;

The second option is to directly switch to making counterfeit famous brands. These are relatively popular brands these days, such as Montagut, Adidas, Nike, and Li Ning Anta. Counterfeit products are rampant. As long as you are willing to make counterfeit goods, you will definitely make money. Of course, you will also have to bear certain legal risks.

Apart from these two methods, it is basically impossible for garment factories in inland and northern provinces to make a profit by designing, producing and selling their own clothing.

Not to mention that the production technology is far inferior to that of large factories in the South. The most important thing is that the work efficiency and production costs of workers are completely uncompetitive compared with those in the South.

Under the general trend, most garment factories will close down and go bankrupt, so it will be difficult for Guancheng Garment to escape this fate.

Li Xuan's father has been selling the factory for more than half a year, and Li Xuan has been in control for a while after taking over.

But so far, Guancheng has only received one quote, and this quote was from a competitor in Quancheng, which was only 200,000.

To be honest, the price of 200,000 yuan is simply extortion, and even if it is sold for 200,000 yuan, there will still be 60,000 yuan left to make up the loan. The Li Xuan family cannot afford these 60,000 yuan.

The reason why Guancheng Garment is on the verge of bankruptcy is because this competitor used unfair means to steal their local custom orders.

Now they have forced Guancheng Garment to a dead end, and then want to acquire Guancheng Garment at a bargain price. They are simply killing two birds with one stone. Li Xuan is angry in her heart, and she is not willing to take advantage of her competitors in vain.

But if she doesn't sell it to them, Li Xuan doesn't have any other good options now. The factory itself is worthless, and although the equipment is valuable, no one will want it unless it is sold as scrap metal.

If sold as scrap metal, it may not be worth tens of thousands of dollars in total.

If it continues like this and the loan is still unable to be repaid after two months, Guancheng Garment will have no choice but to have the bank seal it up and auction it off.

However, Li Xuan's company is solely owned by her father, which means that he has unlimited liability for the company.

If the money from the bank's auction of factory equipment is not enough to repay the loan, the bank has the right to seize other assets in Dad's name to repay the debt.

There is nothing valuable at home. Apart from the factory, there is only one house left in the house. The house is in my father's name. If the house is forcibly sealed by then, won't the family of three be forced to live on the streets

Just when Li Xuan was worried about this matter, a maroon Poussin with a Quancheng license plate drove into Guancheng Garment.

After the car stopped, three people, two men and one woman, got out.

The three men were all dressed up differently. The man who came out of the cab looked about 26 or 27 years old. He was wearing a short-sleeved T-shirt and sweatpants. He looked a bit fierce, and he always had a cold face. easy to mess with;

The man who came out of the passenger seat was about thirty years old. He was wearing a white shirt, black trousers, and black leather shoes. He looked very formal.

Then, a mature woman in her thirties walked out from the back seat. This woman looked very fashionable. Her hair was dyed burgundy, permed and wavy, and she also wore a pair of large brown sunglasses.

This mature woman is quite pretty and is dressed very elegantly. She doesn't look like she is a local from Yingzhou.

The three of them came directly to the door of Li Xuan's office. The middle-aged man in a shirt was about to knock on the door, but the younger driver kicked the door open.

Li Xuan was settling accounts when the door to her room was suddenly kicked open. She was startled. When she came back to her senses, she saw the person coming clearly. She couldn't help but frown and asked: "Manager Zhao, you are doing such a big business, why don't you knock on the door?" There should be such simple etiquette, right?"

The driver who kicked the door snorted coldly: "Young man named Li, you are so unhappy here. I kicked the door, not our manager Zhao. I have no education and low quality. Do you have any objections?" ?"

Li Xuan had a sullen expression on her face, but she didn't talk nonsense to him. Instead, she looked at the middle-aged man in a shirt and asked in surprise: "Why is Manager Wang here too?"

Manager Wang smiled and said: "Boss Li, your Guancheng Garment loan is about to expire. I came here today to confirm whether you can repay it on time."

Li Xuan asked, "Since when did China Construction Bank have such a process? Don't you know if I can repay the loan on time when the repayment date comes?"

Manager Wang said with some embarrassment: "Boss Li, to be honest, I came here today on behalf of Manager Zhao to persuade you."

Li Xuan frowned: "What are you trying to persuade me to do? Advise me to sell the factory to her?"

Manager Wang nodded and said: "Manager Zhao told me that Yongfeng Garment Factory is interested in acquiring your factory, but you don't seem to be willing to sell it. To be honest, if you reject Yongfeng Garment Factory, you won't be able to sell it when the time comes. If the money is paid, these will be auctioned through judicial procedures... "

With that said, Manager Wang added: "Moreover, if the auction fails or the price fails to be achieved, your father will have to bear the debt personally. In that case, the situation will be very troublesome for you."

The mature woman who had been silent for a long time also smiled and said: "Sister, I would like to advise you as a sister. In this situation, stopping the loss in time is the most important thing. As soon as we sign the contract, we will immediately give you 180,000 yuan in cash." When I get it in front of you, these 180,000 yuan can help you solve a lot of problems!"

Li Xuan blurted out and asked: "Manager Zhao, that's not the price you said before. Isn't it 200,000? Why did it change to 180,000 today?"

Manager Zhao chuckled and said, "Sister, the price of this pork is one every day, let alone a factory like yours that is about to go bankrupt?"

"To be honest, we have to take a lot of risks when we take over your Guancheng Garments. The risks are high, so the quotation will naturally be low. After all, our money doesn't come from strong winds, don't you think so?"

Li Xuan's delicate features became particularly angry, and she blurted out: "Manager Zhao, I am officially replying to you now. Let alone 180,000, even if it is 200,000, I will not sell the factory to you! Please come back!"

Manager Zhao was not angry either. He looked convinced that Li Xuan was convinced and said with a smile: "Two hundred thousand is impossible, I only offer 180,000, and you'd better think about it carefully. If you don't sell it to me, Who else can you sell to? To others, your equipment is just scrap metal, but in my eyes it still has some value. If you don't sell it for 180,000 yuan today, next time I come, it may be 160,000 yuan. Even 150,000!"

Li Xuan heard the threat in the other party's words and said without giving in: "I'm sorry, I've thought about it clearly. I won't consider your offer! Please go back!"

She didn't say harsh words on impulse. The main reason was that for her, if the factory was sold at such a low price, her family would never be able to turn around.

Even if you build a factory or a house, you may not be able to repay the loan.

Instead of doing this, it is better to think of other ways. If the factory can be put into operation, maybe there will be a bright future.

"Li, don't be disrespectful!" The driver with a fierce look cursed and said, "If you have some sense, agree quickly and die early. Don't wait until the time comes when your life will be worse than death!"

Li Xuan was furious and was about to kick the three of them out when the door was suddenly pushed open.

Xu Yiyang walked in with Zhang Chong.

(End of chapter)