"Business is good this year. Guess how much money the factory made this year?"

Zhang Qinghua said with a proud smile.

"What? You made ten million this year?"

Later generations of Zhang Yida took over the family business. This year was the most profitable year in history. He remembers it very clearly.

Zhang Qinghua laughed and said, "You really guessed it right!"

In the past, his son had been concentrating on studying, and the family business was basically not concerned. Now that he has suddenly changed his career, and thinking that sooner or later, he will pass on this industry to him, Zhang Qinghua patiently explained various financial situations, production, sales,

The profit situation was also discussed.

"20,000 tons of feed have been produced and sold this year, with operating income of 80 million, raw material cost of 50 million, worker wages of 6 million, equipment depreciation of 4 million, sales expenses of 5 million, the feed industry is exempt from value-added tax, corporate income tax is 3.75 million, after tax

Profit 11.25 million."

"The main customers are dealers and large-scale farmers in Chengdu and surrounding cities. This year we have eight new dealers and more than 40 large-scale farmers."

Zhang Yida nodded. Just looking at this year's situation, the factory's performance is still very good.

But starting from next year, we will step into a big hole.

The feed factory at home has been mainly producing premixed feed. This kind of feed is cheap and popular with farmers.

After the market encountered a bottleneck, my father wanted to make new breakthroughs, so he expanded the feed category and invested tens of millions in the research and development of concentrated feed. The experimental stage was relatively successful, but when it was actually produced on a large scale and launched on the market, it was unsaleable.

Thinking of this, Zhang Yida asked: "The feed factory at home is currently developing well. Have you ever thought about diversifying operations or developing new feeds?"

"Not to mention, I went to Chengdu for a meeting some time ago. The experts and professors at the meeting talked about the transformation of the manufacturing industry and called on the entrepreneurs of feed companies to transform towards environmental protection and technology."

"I also met a professor from Shunong University. He said that he has a new feed research and development project that requires an investment of 10 million. Once the product is developed, it will be cheaper and more effective than the feed currently on the market."

"You asked me if I'm interested in investing? I've been thinking about it all this time."

"At present, the development of our factory has reached a bottleneck. Basically, all the customers that can be developed around Chengdu have developed."

"If we want to strive for a larger market share, we must conduct research and development of new products. Only with good products can we go out of Sichuan Province and expand our enterprise scale."

Zhang Qinghua said with great interest.

"If you keep the current market well and maintain old customers well, you can make tens of millions of profits a year. We are getting older, so we shouldn't mess around anymore."

Mother Xia Xiaorong advised.

"I'm only forty-three, so I'm too old? I still want to take my company public! Can't farmer entrepreneurs have pursuits?"
Chapter completed!