Chapter 124: Mingzhu Pharmaceutical

At Mingzhu Pharmaceutical, Chen Yu and Song Mengyan finished inspecting the assembly lines and equipment, then went to the office to discuss the acquisition.

The owner of Mingzhu Pharmaceutical, Zhang Ziming, was over fifty years old; his eyes were bloodshot, and his hair was gray.

"President Zhang, we have already toured the assembly lines. We are very satisfied with the equipment and craftsmanship of Mingzhu Pharmaceutical. If there is nothing else, let's sign the Contract," said Song Mengyan.

"I have reservations regarding the matter of Mingzhu Pharmaceutical," Zhang Ziming said with a sigh. "I have deep feelings for this factory, so I need to consider your acquisition offer further."

"President Zhang, Mingzhu Pharmaceutical is poorly managed, some of the equipment is obsolete, and you currently have no orders to fulfill. You haven't paid wages for several months in a row," Song Mengyan said. "The price we offered is very fair; what other reservations could you have?"

"During the early stages of the Reform and Opening-up, my father responded to the call and established this factory. Thirty years ago, I took it over from him. In the blink of an eye, fifty years have passed," Zhang Ziming said, covering his face deeply. "So now that I have to sell it suddenly, I find it hard to let go."

"President Zhang, if it is a matter of price, we can discuss it further. I know your current difficulties, so I guarantee a full cash acquisition. This is twenty million in cash; you can consider it."

As Chen Yu said this, he waved his hand, and several security guards hired from a security company walked in carrying suitcases.

Twenty suitcases were opened in a row, all filled with money. It must be said that a pile of cash displayed before one's eyes is still quite impactful. Zhang Ziming's eyes turned red, and he could hardly look away.

"This is twenty million in cash," Chen Yu said. "President Zhang, as long as you sign the Contract, the problems you are currently facing can be solved immediately, and the follow-up funds will arrive within three days."

"I..." Zhang Ziming's hands trembled slightly; it was evident that he was undergoing an intense internal struggle.

"President Zhang, Mingzhu Pharmaceutical was once a classic brand of pharmaceutical factory, but if I may be blunt, the assembly lines and management models you are currently using are at least ten years behind the times," Song Mengyan said. "If this continues, I fear this old brand pharmaceutical factory will disappear. You should think it over carefully."

Zhang Ziming's lips trembled slightly. Song Mengyan's words were not alarmist; he was also clear about the problems he faced. If things continued like this, the factory's bankruptcy was only a matter of time.

Suddenly, he wiped away his tears, picked up the pen on the side, and was about to sign the Contract.

"Factory Manager, you cannot sign it!" Just at this moment, an old worker over fifty years old rushed in, followed by a dense crowd of people.

These people were all in their forties or fifties; they were wearing the uniforms of Mingzhu Pharmaceutical and surged in.

"Factory Manager, we will all pool our money for your granddaughter's illness. Our wages can be delayed further. Please, do not sell the factory. If you sell it, what will happen to us who have worked here our whole lives?" the lead worker said, shedding tears.

"That's right, we have worked here our whole lives. Our education level is not high; now that we have no jobs, what are we to do?"

"If the Factory Manager has difficulties, we will all bear them together. Please, do not sell Mingzhu." The group of workers was emotionally agitated.

Chen Yu was somewhat moved. He suddenly understood why Mingzhu's production lines were old and backward; these older workers likely could not understand how to operate advanced equipment.

And these people had worked here their entire lives; if they were laid off, their lives would become extremely difficult.

Zhang Ziming had been holding on out of a sense of responsibility. Now the factory was riddled with debt, orders were becoming fewer and fewer, and his own granddaughter was suffering from a serious illness. If he were not in such a desperate situation, he likely would not have sold the factory.

"I am sorry, everyone. I have failed you all." Zhang Ziming's face was streaked with old tears. He stood up and bowed deeply to the crowd. "Mingzhu can no longer hold on. After the factory is sold, a portion will be used to repay debts, and a portion will be used as severance pay for everyone."

"No, Factory Manager! If Mingzhu is gone, what will everyone do?"

Everyone present shed tears. These people had dedicated their youth to Mingzhu. Now that the factory was about to collapse, they suddenly felt as if they had lost their home.

"Everyone, rest assured. Even after I acquire Mingzhu, I will not lay anyone off," Chen Yu said, standing up.

"President Chen, is what you said true?" Zhang Ziming was taken aback.

"Yes. Previously, I did not understand why President Zhang did not keep up with the times and upgrade the equipment, but now I understand," Chen Yu smiled. "Although Mingzhu has been sold, you will still be the Factory Manager in the future."

"Not a single worker in the factory will be laid off, but everyone will need to change their working environment and go to work at Yaoshan, because we need a large amount of Chinese medicinal materials."

"Everyone, rest assured, the salary and benefits will remain the same. It is just a change of environment. Because the factory equipment is old, it truly needs to be upgraded, and everyone may not know how to operate the new production lines, so I ask for your understanding."

"Really? We will accept it no matter where we are moved, as long as you don't let us go." Everyone became excited.

"President Chen, thank you. Thank you so much," Zhang Ziming was extremely moved. "I thank you on behalf of everyone."

"President Zhang understands responsibility; this is much better than capitalists who only know how to make money. Rest assured, leave your granddaughter's illness to me; I guarantee she will be fine," Chen Yu smiled.

"I thank President Chen on behalf of everyone." Zhang Ziming and everyone else bowed deeply to Chen Yu.

Having successfully signed the Contract, Zhang Ziming's face held more smiles. He stood up and shook hands with Chen Yu: "President Chen, from now on, I will give my all to be a good leader."

"I believe in you, President Zhang," Chen Yu smiled slightly.

Just at this moment, the office door was pushed open, and the security guard Lao Zhang ran in hurriedly, saying, "It's bad, President Zhang, that group of people is here again."

"I will go take a look." Zhang Ziming's expression tightened, and he hurried out. Chen Yu and Song Mengyan followed him out.

They saw a large man standing at the factory gate with a group of people. The man had a scar on his face. Seeing Zhang Ziming, he sneered: "Zhang Ziming, have you considered the matter of our President Wang acquiring your factory?"

"Go back and tell Wang Kai that we have already signed a merger Contract with Tianyun. From now on, Mingzhu Pharmaceutical belongs to Tianyun. Tell him to give up," Zhang Ziming said coldly.

"What did you say?" Daoba was furious. "Zhang Ziming, you are being ungrateful. Your broken factory has old equipment and backward production lines; it should have been phased out ten years ago. Our President Wang didn't mind that your factory was trash, and you didn't agree to his several acquisition attempts, yet now you turn around and sell it to someone else?"

"He wanted to acquire Mingzhu with less than ten million in capital; why don't you tell him to go rob someone instead?" Zhang Ziming shouted. "If it weren't for him undermining me both openly and secretly, we wouldn't have ended up with no orders to fulfill. Tell Wang Kai that he will face retribution sooner or later."

"Old man, I'll smash your factory right now and see what Tianyun does when they get here." Daoba waved his hand and said: "Do it."