Chapter 42: Phoenix Superconducting Company's Bottom Line
Countless people went crazy selling, Su Ya operated the computer to buy crazily, half an hour later, Li Yang finally used 3 billion and over 10 million funds to buy most of Feng Huang Superconductor's stocks.
Li Yao said calmly: "Li Yang, if you really want to buy it, I'll sell the 40% stake in my hand too, let you buy!"
But you'd better think it through, this is basically equivalent to giving me more than 200 million in funding for free, and all I can offer in return is the land and some old equipment of Fenghuang Superconductor's 400-acre factory. Although this would be a huge help to me, you're getting ripped off.
"In fact, you want these shares, I can directly give them to you. You help me repay the 10 billion high-interest debt, and all the shares in my hand are not enough to compensate for yours."
Li Yang smiled and said, "Auntie, look where you're going with this. I just played a few rounds of mahjong to fool Zhang Datou, let bygones be bygones, we don't need to mention those usury things again."
I don't have these two hundred million, it's nothing. But if you had this two hundred million in cash, you could live a very good life with Su Ya.
"So I've decided, I'll buy all of Fenghuang Superconductor's shares! Auntie, hurry up and get Su Ya to dump the shares in your hands!"
Li Yao nodded at Su Ya, and after a moment of contemplation, Su Ya finally logged into her mother's account and started selling stocks. As she sold on one end and bought on the other, the funds transferred by Li Yang were eventually used up to over 530 million yuan. By then, Li Yang had acquired 99.9% of Feng Huang shares, becoming the undisputed largest shareholder!
The remaining few shares are probably because some shareholders jumped off the building and committed suicide, now they are having tea with King Yanluo and have no time to sell their shares.
Li Yao looked at the extra 200 million cash in her account and couldn't help but burst into tears of joy!
She finally got rid of the heavy burden of Fenghuang Superconducting and can start a new life, how can she not be overjoyed?
At the moment when Li Yang was holding Su Ya, who was both happy and crying, Li Yang himself sat on a stool, looking at the 99.9% displayed on Su Ya's computer, also with a smile!
Su Ya and Li Yao thought they had taken advantage of Li Yang, but Li Yang thought he had taken advantage of the mother-daughter duo. A deal that left both parties satisfied was a rare occurrence.
Li Yang had thought about finding a place to build a factory and start his own company, developing his superconducting metal business, but that would take too much time, and he would have to deal with the commercial and tax authorities and government departments. Just going through all the procedures would be enough to drive someone crazy. In that case, it's estimated that it would take at least three to five years for Fenghuang Superconductor to reach its current scale.
He was given a stall that had been well-managed by the Su family in all aspects, and he only needed to make money from it. Although it was a bad stall, Li Yang also felt very lucky.
"Thank you, Li Yang. After a while, I'll pay off all my debts and plan to settle in the UK with Su Ya. It's good, but if you want to see Su Ya, you'll have to come to the UK, which is a bit inconvenient." Li Yao said calmly to Li Yang.
"Auntie, can't you stay?" Li Yang's eyes lit up as he said.
Li Yao shook her head and said, "The southeast is my sorrowful place, I don't want to stay here for a day, of course, I have to leave. If you're not at ease with Su Ya, you can go to the UK to attend university, with your wealth, it's easy to get into any university."
Li Yang awkwardly said, "Auntie, you misunderstood my intention. I want you to stay in Southeast City and continue as the general manager of Feng Huang Superconductor. Although there are no shares, I can pay you a yearly salary of tens of millions."
It has to be said that a salary of tens of millions is still tempting for Li Yao, after all she still needs to pay off some personal debts. In times of difficulty, she borrowed over 100 million yuan from classmates and relatives, these people won't block her door asking for repayment like others, but once she has money, the honest and trustworthy her will immediately repay these debts.
The amount of money, including principal and interest, is almost 200 million. After she finishes paying off these debts, there won't be much left, so when Li Yao heard about the annual salary of tens of millions from Lai Yang, she was slightly moved.
"Can you really give me a salary of tens of millions?" Li Yao's eyes revealed a look of astonishment.
Li Yang nodded and said, "Of course! Don't you trust my ability to pay? If the company's performance improves, I can even give you a raise. Even if the company loses money, you'll still make 10 million yuan a year. With such conditions, Auntie, wouldn't you be willing to accept? You went to an unfamiliar place in the UK and it's hard to find a job there, where would you have it as comfortable as at home?"
"Kid, I know you're wealthy and don't care about this money. But Phoenix Superconductor really has no future. Even if I stay here, it's just a waste of your resources. I've seen this company ruin our Su family, and now it's going to drag you down too. I won't be able to bear it, so let's just forget it."
"Who says this company is finished? Aunt, do you really think I'm just a good-for-nothing who burns money for fun?! Honestly, I've also been researching superconducting materials and have made new breakthroughs. If my luck is good enough, I'll soon be able to produce a room-temperature superconducting metal, and this Phoenix Superconductor Company will rise from the ashes!" Li Yang exclaimed, stretching out his hands.
Li Yao looked at Li Yang with a mixture of doubt and suspicion, especially when she heard him say the words "reborn from the fire", which deeply touched her heart!
Phoenix Superconductor was her brainchild, like a child she had given birth to, and she had poured too much hope and sweat into it, but could only watch helplessly as it took step by step towards death. Now that there's an opportunity for it to be reborn, despite the slim chance of success, Li Yao didn't want to let it go easily.
"Li Yang, can you really revive the Phoenix Superconductor?" Li Yao shook her head and smiled lightly.
"Of course, otherwise why would I buy all of Fenghuang Superconductor's shares?"
"Alright, for your sake and for this annual salary of one million, I can stay. But let's get the ugly truth out first, if after a year the company is still the same, no matter how hard you try to persuade me, I will resign." Li Yao nodded.
In this way, within a day's time, Li Yang successfully took control of the Phoenix Superconductor, although Li Yao and Su Ya still felt that Li Yang was intentionally helping them to strongly dissuade him, but they couldn't persuade Li Yang who insisted repeatedly, and this matter came to pass.
That night, Li Yang booked a five-star hotel and arranged for Su Ya and her mother to stay with him. Before going to bed, the three of them had another small meeting, discussing in detail the next day's all-staff meeting at Feng Huang Superconducting, after all, such a large company changing hands was not a trivial matter and must be handled carefully.
That night, Li Yao made many phone calls one after another, notifying the old people in the factory to return to the factory for registration.
The next morning, Su Ya brought Li Yang to Feng Huang Superconducting Company and found that only one person had arrived, an old man who was guarding the gate, came to ask for back pay, couldn't help but be stunned.
When the tree falls, the monkeys scatter. When a person leaves, the tea becomes cold. The thousands of employees who followed Li Yao for three whole years, no matter how ambitious they were, have all been drained dry. They've long since found new jobs and it would be strange if they came back to work!
Looking at the 400-acre factory filled with weeds, a desolate and empty scene. Li Yang looked at all this, feeling deeply moved, an enterprise that once shone like the sun in the sky had now fallen to this state, truly living up to the saying "a phoenix that has lost its feathers is not as good as a chicken".
He took out money from his backpack to settle the wages with Old Liu, who was in charge of the gate, and saw him off as he returned to the delivery room in high spirits, continuing to act as his guard.
Li Yang and the other two felt a heavy heart, the factory was left with only one gatekeeper, whoever would find it hard to accept, seeing Li Yang spent over 500 million buying this broken factory, Li Yao and Su Ya felt even more uneasy.
"Li Yang, I won't go through with it. Why don't I just return the 200 million to you and minimize your losses?" Li Yao said with a worried expression.
Li Yang smiled and said: "Auntie, I don't lack this bit of money. If there's no one, what's to fear? No one can be invited!"
Here is the translation:
Alright, I'll transfer 200 million to our company's public account first. You use this money to hire people to clean up the factory and then go to the talent market to recruit 500 workers for me.
"Auntie, you must remember that I only want young and beautiful college graduates, with a ratio of one to one between men and women. The monthly salary for the three-month probationary period is 5,000 yuan, and after the probationary period, it will be 10,000 yuan per month. What I need is a sales team composed of young people with good eloquence and appearance, don't consider anyone else."
Su Ya exclaimed: "Li Yang, with a monthly salary of 10,000 yuan for everyone, the labor cost is too high! The company hasn't even launched any products yet, and it's already recruiting so many salespeople. Isn't that a bit exaggerated? At least we should find some strong and capable workers to do the job!"
Li Yang said his father had robots as laborers and would never lack people to work for him.
The robot is powerful and loyal, but the only drawback is that it's too clumsy with its mouth, making it impossible for it to sell things on its own, which is why it needs to form its own sales team.
Li Yao also said nervously, "Yes, Li Yang, it's easy to recruit high-paying talents like this, but now that our company is in a state of disrepair, it would be more suitable to find some skilled technical workers."
"Technical workers, I have plenty of them. If needed, we can just bring some people from Lishi Metallurgy. As for the current Fenghuang Superconductor, I only plan to use it as a training base and warehouse, responsible for training sales teams and storing our superconducting products. The production issue still needs to be completed at Lishi Metallurgy."
Li Yao exclaimed: "Li Yang, this 400-acre large factory, you just use it for sales and warehouse, isn't that a waste?"
"You'll know when the time comes, it won't be a waste at all." Li Yang replied firmly.
Li Yang cannot tell her that the superconducting products are made by UFOs themselves, and they need to avoid suspicion since there are many people around.