Chapter 150 Invest 7 million to win the printing factory
Modu Pangolin Printing Co., Ltd. has a history of more than 20 years.
Due to environmental protection and other issues, the Pangolin Printing Factory has long moved out of the city center and is located at the urban-rural fringe.
In recent years, due to the implementation of "paperless office" and "paperless life", the business volume of printing plants has shrunk significantly and has reached an unsustainable point.
At the same time, the original printing business has been blocked by online platforms such as Taobao. Their factories in other provinces and cities can receive new customers at lower prices.
Due to institutional problems, the Pangolin Printing Factory has been standing still.
Especially in recent years, old customers have been maintaining the business, and new business is simply not enough.
The owner of the factory, Lin Jianfen, was Lin Tao's third aunt. Seeing that the printing factory was not performing well, she no longer wanted to run it.
If she files for bankruptcy, her factories and machines will still be worth some money, and the severance pay for the workers will cost millions.
Are you giving your own money to employees for free?
After Lin Jianfen received advice from an "expert", he suddenly decided to implement a company system of "all employees holding shares".
That is, if employees spend money to buy small shares in the company, if the factory's performance is good, there will be additional dividends. If the performance is not good or there is foreign debt, then the money will be wasted.
Lin Jianfen retains at least 10% of the equity. Who among the employees in the factory knows how to operate?
Although the cash out of her shares has been significantly reduced, the company's management rights are still firmly in her hands.
Of course, employees can also choose not to sell their company shares.
In this case, Lin Jianfen had just reason to fire the employees in the factory. They would have resigned voluntarily because they "could not bear the work pressure" and would not have to pay compensation at all.
As soon as the employees left, Lin Jianfen sold the factory and the machines, pocketed the cash, and closed the business...
Therefore, the implementation of full shareholding means that she can advance or retreat without any harm.
But for the workers, it’s a worry.
100,000 yuan is not a small amount, and everyone knows that the factory's performance is not good and it has a lot of debt. Under the current situation, there is no hope of making a profit.
If the printing factory goes bankrupt, the equity is just a piece of waste paper.
"Have you thought about it? Those who have thought about it can go directly to the finance office today to subscribe for payment. Of course, I will not force it. An employee who does not buy the company's equity means that he does not want to be in the same boat with the company and is not suitable for the future development of the company.
If you need it, please leave the company..." Lin Jianfen was in the large conference room, introducing the issue of full shareholding with more than a dozen employee representatives.
She is domineering and even speaks in a threatening tone.
The employees present, including Mother Lin, were all frightened.
Many employees in the factory are old employees in their 40s and 50s. They have been working in printing for almost their entire lives. If they leave their jobs, it will be very difficult to find another job.
But if you stay, you will have to pay 100,000 to buy equity, which is like throwing the money into the water.
It is difficult to advance and retreat, and most employees are waiting and watching.
"Mr. Lin, can you give me a few more days? I want to discuss it with my wife and mother-in-law at home."
"100,000 is too much. I can't afford so much money at once. Can it be less?"
"I know the efficiency of the factory is not good, so I can go out and run business... I have been working here for 15 years, and I have feelings."
Many employee representatives expressed their opinions one after another, with feelings of helplessness and nostalgia mixed in their words.
"I sympathize with you, but who will sympathize with me? You have all seen the benefits of the factory over the years? How many hours have you been working for 8 hours? The money obtained from employee stock ownership this time is not used for my personal enjoyment.
, but to buy new printing machines, advertise online, and develop new customers... I hope everyone can understand my difficulties and let's work together for the future of the company!"
Lin Jianfen speaks eloquently and uses both soft and hard tactics.
She can't attract investment now, so she can only make money from her employees. As for the future development of the factory, Lin Jianfen has long since given up.
When the employees heard this, they looked at each other.
They all dare to be angry but dare not speak out. At least in today's conference, no one wants to make the first move.
"Let me say a few words..." Mother Lin suddenly spoke: "I haven't been here long, only 3 years. There are many old employees in the factory. Everyone has worked here for more than 10 years and has a lot of affection for the factory.
.I also know the difficulties in the factory, but this time all employees hold shares, and everyone does not agree..."
As soon as Lin's mother said this, Lin Jianfen and the employee representatives were shocked.
Everyone knows that Mother Lin is a relative of Lin Jianfen, and the two of them should wear a pair of pants, but Mother Lin actually helped the employees to speak up today.
As for Lin Jianfen, Lin’s mother was the first to stand up and challenge her!
"What nonsense are you talking about! Holding shares by all employees is currently the best way to mobilize everyone's enthusiasm for work and truly treat the company as their home." Lin Jianfen retorted.
"If you insist on doing this, I believe many employees will leave..." Mother Lin said again.
This is definitely a foreseeable fact. Even if you don’t get severance compensation, it is still better than paying 100,000 yuan.
"If you resign, just resign. To be honest, the factory is not doing well right now, so even half of the people can leave." Lin Jianfen continued.
She has long wanted to deal with these senior employees of the factory, and is worried about finding excuses and solutions.
The employee representatives were talking a lot and couldn't agree on one. The huge sense of crisis made them feel on pins and needles.
"Mr. Lin, you should think about it again. Maybe there are other ways." Mother Lin said again.
"Other ways? What other ways can there be?" Lin Jianfen asked provocatively.
On weekdays, she always looked down on Mother Lin, but today she was openly embarrassed at the employee representative meeting, and she was extremely angry.
"If everyone has objections to employee stock ownership, I think I can hold shares on their behalf..." Mother Lin suddenly said.
What!
She holds shares on behalf of all employees?
As soon as these words came out, Lin Jianfen and the employee representatives were shocked.
"Are you crazy? How can you have so much money? 90% of the equity costs 7 million. Do you have this money?" Lin Jianfen said in surprise.
"I mainly feel sorry for these old employees in the factory... The printing factory has always been their refuge. Although everyone's salary is not high, life is not easy. As long as the factory is here, there is hope! Don't embarrass them, Mr. Lin, if you must
If everyone wants to hold shares, then I will pay these 7 million..." Lin Ma said calmly.
I originally asked you for 100,000, my dear, but you want to give me 7 million?
Is a warehouse manager a hidden boss who can actually take out 7 million in one go?
"This, this can't be true, right?" Lin Jianfen felt that she heard wrongly.
How could Mrs. Lin have 7 million? This is simply a fantasy.
Of course she didn't know that Lin's mother didn't have so much money, but her son Lin Tao did.
Chapter completed!