Chapter 212 Don’t be a “sweatshop”

"Brother, of course all the shares in Nishite Technology belong to me."

Chen Jialin was waiting for Hu Yang to ask, but he didn't expect that the other party would really cooperate. So Chen Shao raised his head high and answered loudly.

However, Chen Jialin's momentum only lasted less than a minute, and then his head drooped.

"Brother Hu, this billion Hong Kong dollars is the last support the old man has given me. In the future, the Chen family's property will probably be inherited by my eldest brother. From now on, everything will have to be on my own."

Following Chen Jialin's explanation, Hu Yang finally understood the ins and outs of this matter.

It turned out that Chen Hao had asked Chen Jialin to set up his own business, transferred Xiangjiang Weida Electronics Co., Ltd. to his son, and gave him the last one billion Hong Kong dollars.

Chen Hao did not retain the shares of Shengyi Electronics Co., Ltd. previously held by Xiangjiang Weida Electronics, but transferred them to the name of another company of his own.

In other words, Chen Jialin was kicked out by his father?

Hu Yang smiled and shook his head. This kind of thing is normal. For example, Li Kaize's situation is similar to that of Chen Jialin. He is not yet prosperous.

"Mr. Chen, my uncle must have a deep meaning in doing this. Besides, what's wrong with starting your own business? It means that your uncle is very optimistic about your ability, so you should be happy."

"That's right! Brother Hu, let's not talk about this anymore. Let's continue talking about increasing capital and stock."

Chen Jialin has always been an optimistic person. It is useless to think about things that have become a fact. He should just focus on the present.

The two discussed it for a while and finally reached an agreement. Chen Jialin invested HK$775 million in Nishite Technology, and Hu Yang invested US$100 million in Nishite Technology. The shareholding ratio of both parties remained unchanged, each holding 50% of the shares.

Immediately, Chen Jialin transferred HK$775 million from Xiangjiang Weida's account to Nishite Technology. Hu Yang transferred US$100 million from Xiangjiang Huijia Trading to an offshore company, and then also transferred it to Nishite Technology's account. Xiangjiang Trading

The U.S. dollar account balance is still 1.92 billion U.S. dollars.

So far, the registered capital of Nishite Technology has increased to 2.6 billion yuan (rmb), and its strength has been greatly enhanced.

In the auction after the year, Chen Jialin bought the factory, land and some equipment of Cheung Kei Electronics. At the same time, he also bought a lot of industrial land near the Nishite Technology factory and continued to expand the scale of the factory.

In terms of production, there are frequent good news. Since 1998, Ericsson, Motorola, and nec have all increased their cooperation with Nishite Technology, and the number of orders has skyrocketed.

In addition, China has now begun piloting "Personal Smartphone" in several cities. Although the number of orders in this part is not large, it has made a good start.

There are still some orders for VCD machines in production, but Chen Jialin estimates that this part of the output value only accounts for 10%-12% of the annual output value of Nishite Technology, and production will be completely stopped next year.

The development of Nishite Technology up to now can be said to be prosperous, but it is not without any problems. Leaving aside the long-term aspects, many shortcomings have been exposed in the immediate management aspect.

As the scale of Hard Rock Technology continues to expand, the company's employees are also increasing rapidly. According to Qi Shumin's estimate, by the second half of the year, the entire number of employees of Hard Rock Technology will reach about 40,000, which is terrifying.

According to Chen Jialin's idea, management work should be strengthened, and even closed management could be implemented in the factory area to prevent workers from causing trouble as much as possible.

"Mr. Chen, your method treats the symptoms but not the root cause. It suppresses the workers too much. Be careful there will be a backlash. In addition, the management of the factory is too strict, and public opinion will be very unfavorable to us. Do you really want to make Nishite Technology

Carrying the reputation of being a 'sweatshop'."

Hu Yang had a deep talk with Chen Jialin about this matter.

Chen Jialin rarely returned to Xiangjiang after the New Year, and spent most of his time in Yangcheng recuperating. There is no major problem with his arm, and I believe the cast will be removed soon.

"Brother Hu, what do you think we should do? I can't let the company's cadres do ideological work for the workers all day long, right?"

Chen Jialin did not dare to bear the reputation of being a "sweatshop". But he believed that it would not be a big problem if the production tasks were heavy and overtime work was required, and if there were more people and everyone squeezed into the dormitory, it would not be a big problem.

"I won't say anything big from the moral high ground. I'll just talk about two questions. First, if the workers' living conditions are too poor, won't it be detrimental to everyone's rest and physical and mental health?

Second, if the working environment and system are slightly more relaxed, will it be possible to retain more technical backbones?"

Hu Yang knew that very large OEM companies like Nishite Technology were following a capital-intensive and labor-intensive path. If the workers' problems were not solved, sooner or later they would be pushed to the forefront.

"So, Mr. Chen, my opinion is that we would rather increase the cost and provide slightly better living conditions for the workers.

The dormitory building must be built as soon as possible, and the various facilities in the dormitory and the entertainment facilities in the rest area must also be properly considered. In addition, production management must be more humane, and the mystery in the minds of the workers should not be allowed to persist all day long.

If it is too tight, it will break easily..."

In the 1990s, many factories did not pay much attention to the feelings of workers. It was common for seven, eight or even a dozen people to live in a dormitory. The working hours were also long, and sometimes they had to work for more than ten hours a day.

This situation will not fundamentally change until after the new millennium, especially when the domestic labor force begins to experience structural shortages.

The reasons for this are complicated, but one of the important reasons is cost.

However, Hu Yang believes that it is better to work hard on production to reduce costs through this method. On the one hand, actively improving the production process, on the other hand, strengthening internal management can also play a role in reducing costs and improving efficiency. There is really no need to bear that infamy.

.

"Okay, Brother Hu, then I'll listen to you. I promised you first that by the end of the year, if the company's net profit drops, don't look for me."

Chen Jialin understood Populus euphratica's intention and was ready to implement it immediately. However, considering that it might reduce profits, he vaccinated Populus euphratica in advance.

"Earn less, just earn less, to save yourself from trouble later. I'll leave the internal affairs of the company to Mr. Chen. I'm going to the Magic City soon."

Wu Xinhui called Hu Yang after the New Year. She helped find a company that could repair the "old bungalow" and gave Hu Yang his contact information.

This kind of thing cannot be explained clearly on the phone, so Hu Yang plans to go there in person. As for the follow-up project and acceptance, he does not need to worry about it, he can send someone to take charge.

"I'm telling you, why would you buy an old house if you have nothing to do? It's a building from the 1930s. If you repair it thoroughly, it may be more expensive than what you spent to buy a house. By the way, I just bought a villa in the deep sea.

, the price is not high, do you have any ideas?”

Chen Jialin doesn’t quite understand Hu Yang’s obsession with the “old bungalows” in the magical city. Can he eat the sentiments and stuff?

"We'll talk about the villa in the deep sea after I get back from the magical city. Then I'll see if there's anything I like. If I meet someone I like, it doesn't matter if I buy one."

Hu Yang smiled and didn't bother to explain why he liked "old houses". In fact, for him now, there is no issue of investment in buying a house or other appreciation. If he likes it, he will buy it. If he doesn't, he will not buy it. It all depends on his mood at the time.

.

Later, Hu Yang went to Shanghai to discuss the restoration plan with the house repair company, which of course included redecoration.

Chen Jialin is right when he says that the entire project plus a complete set of re-customized furniture will cost over one million.

...

"Mr. Hu, do you still remember the company Mingkang Communication Technology Co., Ltd.?"

Hu Yang only stayed in the magic city for a few days before returning to Yangcheng. Huijia Holdings had no big investment projects recently, so Mu Shaoqing brought Xu Younian's previous pre-research project to Hu Yang.

"Well, I have an impression that this company is preparing to promote PHS in the country, right? At first, our company had quite different opinions on this project, so I asked them to put it on hold for the time being."

Hu Yang remembered that there was indeed such a project when Xu Younian was here. However, there were great differences within the company at that time, and the conditions for investment were not mature, so it was treated as a pre-research project.

"It's this company. They recently came to talk to me again. I think I can give it a try."

Mu Shaoqing has a very good vision, and his business sense is particularly keen. He immediately took notice of the introduction of "Personalized Smartphones" in China.

"Leave the evaluation report here for now. I'll take a look at it later. Mr. Mu, if you are optimistic about this project, continue to talk to Mingkang Communications. In addition, you can pay attention to hw. If there are good investment opportunities, try to contact them.

.”

Hu Yang is also interested in investing in the communications industry. He would like to cooperate with zx and hw. However, neither zx, a state-owned enterprise, nor hw, which is already emerging, may accept his investment.

Of course, even if you can't invest, you can still cooperate. After all, he still has Nishite Technology and can accept their orders in terms of OEM.

After Mu Shaoqing walked out of the office, Hu Yang looked at the report on the table.

Mingkang Communication Technology (China) Co., Ltd., with a registered capital of 50 million yuan, is mainly engaged in the research and development, design, manufacturing and sales of communication equipment.

The other party hopes to introduce an investment of 100 million yuan and give the investor 50% of the shares.

"This is a bit loud. Needless to say, their PHS technology is also imported from RB. Without core technology, the asking price is a bit high."

Hu Yang just muttered a few words, but he was not prepared to participate in the negotiations personally. Mu Shaoqing was very capable, and he needed to provide the other party with a good development environment.

Therefore, Hu Yang planned to wait for Mu Shaoqing and Mingkang Communication to reach a staged result before expressing his opinions.
Chapter completed!