Chapter 91 Sugon Technology’s big move!

Author: Dr. Yingman

Chapter 91 Sugon Technology’s big move!

Faced with the angry words of Huang Hua and Chen Dong, Lin Chen put down the phone in his hand and said with emotion:

"That's what banks are like. They are the ones who take advantage of the situation and take measures behind their backs. This is why I don't like the development of loans.

They always want you to get a loan when you are not short of money, and when you are in a bad situation or at a disadvantage, they all come to press for debt.

It can only be said that this is the nature of banks. Whether they are domestic or foreign banks, we should not have any expectations for them, and we should have thought of this scene a long time ago."

"hateful!"

Hearing Lin Chen say this, Huang Hua still couldn't let go.

Chen Dong on the side couldn't let go either. He said with an aggrieved look on his face:

"Those damn guys, no matter what we do in the future, we must guard against them."

"Okay, let's not talk about it anymore. Although it's a little helpless, we really need to borrow funds from the bank now.

Although up to now there are still several investment banks, such as Gao Sheng Investment and Yahu Investment, who are still willing to lend us money.

But forget about the money from investment banks. In some cases, borrowing money from these investment banks is more troublesome than borrowing money from banks.

So although I am a little helpless now, I still have to find a way to borrow 300 million yuan from the bank for the construction of the new factory."

Upon hearing Lin Chen's words, Huang Hua and Chen Dong both nodded slightly, with solemn expressions on their faces.

This is indeed the case, although it is very angry that those banks took advantage of the situation and immediately abandoned Sugon Technology as soon as they saw that something was not right.

But they currently lack funds and cannot earn 300 million before December, so they really need to borrow bank funds to build a new mobile phone factory first.

"Chen Dong, has the recruitment of personnel for the mobile phone factory been completed now?"

Facing Lin Chen's question, Chen Dong immediately replied:

"At present, Sugon Mobile Phone Factory has recruited 1,200 new employees. With the addition of new employees recruited after the release of mobile phones, the total number of employees in the production line has exceeded the 2,000 mark!

Many of the 1,200 newly recruited people are old employees with experience working in mobile phone production lines, and they can start production immediately after being recruited.

As for novices with no experience, they are also being trained through practice, and they can become skilled workers in handling simple mobile phone assembly tasks in just a few days.

In addition, the corresponding mobile phone assembly equipment and small mobile phone casing production line equipment have also been purchased.

It is expected that it will take less than a few days to initially expand production capacity, and that it will be able to reach full capacity within a week."

"good."

Lin Chen nodded slightly after hearing the good news.

The main purpose of hiring so many 1,200 people this time is not only to expand production capacity, but also to train skilled workers for the mobile phone production line.

After all, we can't wait until the construction of the new factory is completed before recruiting new workers.

They have old factories and can recruit production and training first, so that when the new factory is launched, it can immediately take over for large-scale mass production and seamlessly take over.

Among them, these 1,200 people are mainly workers on the mobile phone assembly production line, followed by a small number of workers on the mobile phone casing production line.

This recruitment has completely squeezed out the potential of this old mobile phone factory, and even a palm-sized open space has been put into workbench.

At this time, these 2,000 people have already made the old mobile phone factory very crowded, so this recruitment is also the last one.

"Chen Dong, can Futukang supply mobile phone motherboards on a large scale?"

Lin Chen asked Chen Dong the second question.

"Futukang has solved the motherboard yield problem and can provide us with mobile phone motherboards on a large scale."

Hearing this, Huang Hua on the side also beamed with joy and said:

"That's great. After waiting for so long, the results are finally here. We can finally show off our skills!"

What limited Sugon Technology's production capacity before was the problem of mobile phone motherboards. Now that the problem of mobile phone motherboards has been solved, we can then unleash our production capacity as much as we can.

"Huang Hua, next you need to notify all dealers and Shuguang Electronics direct stores to prepare for another publicity.

We cannot allow our mobile phones to be produced only to have them become unsalable.”

"Don't worry, leave it to me, I'm going to do something big this time!"

After finishing speaking, Huang Hua remembered the reality of being humiliated by those banks, and then said happily:

"Those banks stabbed us in the back. After our mobile phone sales shock everyone, I want to see them turn to us and ask for loans!"

"Hahaha!"

Chen Dong on the side also burst out laughing when he heard this, with a little expectation in his eyes.

Those banks are all people who adapt to the situation. Now they believe that Sugon Technology may not be able to repay the 300 million yuan loan in the future, and directly vetoed the 300 million yuan loan that was about to be reached.

If their Sugon Technology mobile phone sales increase significantly, it will completely prove their strength.

It is really possible that those banks will change their faces, and then they will regret lending to Sugon Technology one by one like a licking dog!

I can only say that banks are realistic. They will only abandon you when you are in trouble and come to flatter you and ask for a loan when you are prosperous.

…

Time passed slowly, and a little more than a week passed in the blink of an eye.

Time came quietly to October 20, 2003.

On this day, Shuguang Technology electronics stores across the country held a large-scale joint event with local dealers. This large-scale joint event shocked the country as soon as it came out.

Compared with mid-September, after one month of development, Sugon Technology has increased a lot in terms of the number of dealers and Sugon Electronics direct-operated store franchise stores.

Among them, Shuguang Technology’s regional contract dealers have reached 1,083, 565 more than the 518 dealers in September.

But to be honest, the number of dealers is too small, based on two dealer areas in one city.

With 685 cities across the country plus special super-large cities such as Shanghai and Beijing, the actual number of dealers that can be accommodated nationwide is around 1,400!

At this time, Sugon Technology has only 1,083 regional distribution contractors, which actually has not reached the upper limit.

Therefore, Sugon Technology still has 317 vacancies for regional contractors at this time, which means that the sales coverage area has only reached 77% of the country, and it has not been able to cover the country's mobile phone sales.

Sugon Technology is also mentally prepared for this, saying it is not unacceptable.

Because the remaining 23% of the areas are relatively poor county areas, the purchasing potential there is not great, so it is normal for the number of dealers not to reach full capacity at this time.

After all, if Sugon Technology has a greater say, dealers will have less say. The more Sugon makes, the less dealers will make.

When Sugon Technology's regional contract dealers have to face competition from peers in the same city, they also have to compete with Sugon Electronics direct stores.

If Sugon A1 mobile phone is really easy to sell and the actual total profit is good after the sales volume is high, then many dealers would not want to become Sugon mobile phone contractors.

Thanks to Brother Yan for the reward!
Chapter completed!