Chapter 332: Wu Junhui's Bet
Liu Jianghua had actually gone to Qingshui City Feed Factory for research and had also looked at the relevant report provided by the factory's person in charge. He sensed there were many problems, and before leaving Qingshui City he specially urged Kong Jie to conduct a thorough investigation.
Unexpectedly, the investigation results hadn't come out yet, but news came from this side that Chen Yang wanted to acquire the feed factory.
At first, Liu Jianghua thought Chen Yang was a bit rash, recklessly taking on this hot potato without understanding the true situation of Qingshui City Feed Factory. Now hearing that Chen Yang still wanted to do due diligence before deciding whether to acquire the factory, he couldn't help but smile.
"Chen Yang, do you suspect there are problems inside Qingshui City Feed Factory?"
Chen Yang nodded and said, "A feed factory with an annual output of 120,000 tons can't even support 150 workers, and it's overdrawn by 20 million from the bank. If there's nothing fishy going on, even ghosts wouldn't believe it!"
Liu Jianghua nodded slightly. Many state-owned enterprises have been eliminated in the tide of the times, and the biggest problem is serious corruption. Although the management of Qingshui City Feed Factory made their report look very nice, anyone who understands the field can see the problem at a glance.
But there are too many enterprises in Dongjiangsheng that need reform, and Liu Jianghua doesn't have extra energy to worry about the problems of a small Qingshui City Feed Factory.
So he decided to hand this trouble over to Chen Yang to resolve.
"Chen Yang, I'm giving you a task."
"What task?"
"Your task is to reform Qingshui City Feed Factory well, and then write me a detailed reform report."
"This task is too simple, isn't it?"
"Hehe, finish it first and then we'll talk!"
Liu Jianghua worried that Chen Yang might be careless and underestimate the opponent, so he specifically reminded him: "As far as I know, the problems of Qingshui City Feed Factory are not just simple corporate corruption. When you go back this time, you must act cautiously."
Chen Yang frowned slightly. From Liu Jianghua's words, he sensed that behind Qingshui City Feed Factory there were shadows of certain powers in the municipal Party committee and government. If that's the case, then it's indeed a bit troublesome.
"Governor Liu, if I offend someone I shouldn't, you'd better back me up!"
"Don't worry, as long as you don't break the law or violate discipline, I will definitely support you."
"Alright, I'll head back to Qingshui City to make arrangements now."
"No rush, wait until the investigation over there in Qingshui City has results before you go back; it won't be too late."
Liu Jianghua waved his hand, telling Chen Yang to stay calm and not be impatient. He said there would be a meeting of the reform team members this afternoon, and asked him to wait until the meeting ended before returning to Qingshui City.
Chen Yang could only temporarily give up the idea of returning to Qingshui City.
At this moment, Wu Junhui suddenly said to Liu Jianghua, "Governor Liu, I want to make a bet with Chen Yang; could you and Director Huo serve as witnesses?"
Liu Jianghua looked at Wu Junhui with a puzzled face: "Old Wu, what do you want to bet with Chen Yang about?"
Wu Junhui said, "I want to compare with Chen Yang whose reform work is better. The losing side will treat the group members to a meal."
Upon hearing that, Liu Jianghua instantly became interested. However, he didn't directly agree to Wu Junhui's request; instead he turned to Chen Yang and asked, "Chen Yang, are you willing to bet with him?"
Chen Yang said somewhat hesitantly, "Governor Liu, isn't this unfair?"
Liu Jianghua thought for a while and felt Chen Yang had a point. Wu Junhui has struggled in the business world of Dongjiangsheng for many years, with connections everywhere. Chen Yang is merely a newly risen young entrepreneur; whether it's management experience or business connections, he cannot compare with Wu Junhui.
"Chen Yang, if you think this bet is unfair to you, you can negotiate with Chairman Wu. Or, the province can appropriately give you some resource bias."
Seeing that Liu Jianghua had misunderstood his meaning, Chen Yang hurriedly explained, "Governor Liu, you got it wrong. I'm worried that Chairman Wu, managing a single enterprise, might not have enough cash flow, making subsequent handling of state‑owned enterprise reform difficult. If he loses due to lack of funds, then my victory wouldn't be glorious either!"
Liu Jianghua looked at Chen Yang, both laughing and crying, "This kid really doesn't put Wu Junhui in his eyes at all! Young people, truly a newborn calf unafraid of tigers."
"Old Wu, what do you think? Should the province give you some financial support?"
Wu Junhui, the chairman of Dongjiangsheng's largest listed company, also cares about face. How could he possibly lower himself before Chen Yang even before the bet starts?
"Governor Liu, I don't need the province's support. Relying on my own strength, I believe I can also win this bet."
Liu Jianghua was very pleased with Wu Junhui's attitude. If he truly could revive a company by his own ability, that would really make people look at him anew. This is the kind of example other enterprises need to learn from.
"Chen Yang, Chairman Wu is willing to compete fairly with you; do you dare accept his challenge?"
"No problem." Chen Yang nodded. Regardless of Wu Junhui's purpose in betting with him, he was going to reform Qingshui City Feed Factory anyway. As for winning or losing, he didn't care much.
Seeing Chen Yang agree to Wu Junhui's bet, Liu Jianghua asked the latter, "Old Wu, which enterprise are you preparing to take over to compete with Chen Yang?"
Wu Junhui had been by Liu Jianghua's side this whole time, participating in the preparations of the reform team, and already had a target. "Governor Liu, then I'll take charge of the reform work at Xingcheng Food Limited Company!"
Liu Jianghua and Huo Yunyan, upon hearing this, both showed surprised expressions. Because the main product of Xingcheng Food Limited Company is sausage. Before the rise of the people's sausage, their sausage was the best‑selling product in all major markets of Xingcheng.
But it was precisely the rise of the people's sausage that plunged this formerly decent‑performing old‑brand food company into a financial crisis in just three months.
Besides internal corruption problems, more crucially, their sausage taste simply cannot compare with the people's sausage.
To achieve a turnaround, they must not only solve the internal management problems, but also improve product quality and increase marketing means.
Moreover, even if these problems are solved, facing the people's sausage that has firmly seized the market is like crossing an insurmountable mountain.
One could say Wu Junhui has chosen a hell‑mode task.
Liu Jianghua believes Wu Junhui can solve the problems of Xingcheng Food Limited Company, but he cannot believe Wu Junhui can surpass Laobaixing Meat Industry Limited Company in this field.
"Governor Liu, the problems of Xingcheng Food Limited Company are very complex; wanting to surpass Laobaixing Meat Industry Limited Company in a short time is very unrealistic. You should change your task! I think Yongye Machinery Factory is not bad—it matches your expertise as well."
"Governor Liu, since I've chosen Xingcheng Food Limited Company, I've already prepared myself to face difficulties. I guarantee I can complete the task satisfactorily." Wu Junhui is full of confidence in his ability and without hesitation refused Liu Jianghua's good intention.
End of Chapter
