Chapter 198 197. You can go to the bank
At 9:30 the next morning, Luo Yihang received a call.

"Mr. Luo, I am very honored to have you here. There is a company that meets your needs very well. If it is convenient, please come to ICBC and I will introduce it to you in detail."

"Oh, it really is." Luo Yihang was extremely surprised and immediately agreed, "I'll be there right away."

The person who called was a credit manager from ICBC.

What Luo Yihang asked him for help was naturally about the food processing factory.

The news came out in just one day. The power of banks is well-deserved.

The root of the matter started from what happened with Zheng Huan yesterday.

After visiting Zheng Haowei yesterday, Luo Yihang discussed his own problems with Zheng Huan.

We have raw materials but no factory, and we have to rent a production line to make the products by hand.

After hearing this, Zheng Huan immediately agreed to help with the contact.

Luo Yihang brought back the can of chili oil that he had given as a gift to the factory. He immediately organized several rounds of tasting for the technicians, managers, key salesmen and ordinary employees.

The effect is so good that it is exaggerated. Let me put it this way, if everything else remains unchanged and only the chili is changed, the taste of the product will directly jump by an order of magnitude, from 1 to 10.

After tasting it, he understood why it was reported to contain opium. With this kind of effect, this kind of taste, and this kind of allure, who would believe that it didn't contain any strange things?

The amazing thing is, there really isn't any. His factory has a testing center, which checked it three times and found that all the ingredients are normal, without even any additives.

[Opportunity to break through the bottleneck], [profit], [industrial upgrading], [capacity expansion], [kingly way], [crushing situation], [competitiveness], a series of key words emerged in Zheng Huan's mind.

In the end, everything comes down to one keyword, which is also the goal - [Get it]!
Now the opportunity is right in front of us. It’s just contacting a food factory. Is that a big deal?
Zheng Huan started making phone calls in front of Luo Yihang.

The first one is to his upstream supplier, the factory that produces the spicy oil that goes with his Zheng Haowei instant noodles.

We have been friends for many years. The machinery and equipment are definitely sufficient, and we have separate production lines, so we can take control of them.

In the end... I didn't catch it.

The old friend was very enthusiastic towards Zheng Huan and spoke very politely, but the reality was very bleak.

The production lines are full. We have received orders from several snail noodle brands. Snail noodles are very popular now, and we have to prepare for Double Eleven, Double Twelve, stockpiling festivals, year-end promotions, and New Year’s goods supermarkets in the second half of the year... We have to prepare the goods six months in advance, and our production capacity is insufficient, so we have received a lot of orders.

Their factory is already fully occupied with just this little bit of output. They wish they could work in three shifts. There wouldn't be any spare production lines left.

"His family is the largest sauce factory in the county. It's normal for him to receive more orders. It's okay. There are also several small factories with smaller scales but good production lines. They probably don't have so many orders." Zheng Huan was a little embarrassed. After hanging up the phone, he said a few words to Luo Yihang.

Then a few more calls followed.

My face hurts a little.

Although the small factory does not have any orders for snail noodles, now is the time when dried chilies are on the market, the price is low and the supply is sufficient. Factories that make chili sauce are taking advantage of the low cost to prepare for production and have no spare production lines.

In fact, this is also the reason why Qiangwa couldn’t find a food factory, because other people were already using the suitable production lines themselves.

"Hiss~" Zheng Huan rubbed his nose and was a little worried. Not being able to contact the production line was directly related to his factory.

I’ve asked everyone I know, but as for those I don’t know… who would know the news?

Zheng Huan and Luo Yihang analyzed the situation together.

"Boss Luo, the production line you need must have a complete set of process links. Simple canning will not work. It must be a complete set. Small factories definitely don't have such a production line."

"Secondly, this factory cannot start production right now."

"Then why does it leave the production line empty and not produce?"

Once you figure out this problem, you have a direction.

"It needs to transform and do something else." Luo Yihang first mentioned a possibility.

"This is it." Zheng Huan nodded and also mentioned one, "The industry has been upgraded, new equipment has been replaced, and the old equipment has been vacated."

"In that case... there is still room for regression." Luo Yihang followed Zheng Huan's train of thought and thought in reverse, "Insolvency, bankruptcy and reorganization, we can't continue, and we can't produce."

"That's right, that's right." Zheng Huan's eyes lit up, "I know where to get the news. Go to the bank."

You need loans to transform and replace equipment, and you need loans to upgrade and add new equipment. If the assets are insufficient to pay back the debts, you will not be able to repay the loans.

Apart from being extremely rich, I pay for everything myself.

Other factories cannot do anything without banks, so banks have the most complete information.

After sorting out his thoughts, Zheng Huan directly called a manager he knew in the ICBC Credit Department.

Look, the right one was found in just one night.
-
Half an hour later, Luo Yihang was already sitting in the ICBC's credit department, listening to Manager Meng introduce the "suitable" food factory that he had specially selected.

"Mr. Luo, this Tianhan Oukai Food Co., Ltd. is very suitable for your needs."

"The full set of chili sauce production lines that were just upgraded with an investment of 170 million yuan in the second half of last year have a very high degree of automation. In addition, they have a complete frying workshop, stir-frying workshop, food hygiene testing center, and packaging and canning workshop. They also have their own cooperative planting base, which grows exactly the Qin peppers you need, and the supply is very stable. The procurement channels for other raw materials are also complete."

"There are more than 40 production workers, and a few of them may have left now. They are all skilled workers. We can start production directly after completing the formalities."

It's absolutely appropriate, but...

"Manager Meng, why doesn't the company Ou Kai you mentioned produce its own products?"

"Alas." Manager Meng sighed at Luo Yihang's question, "Ou Kai's legal representative Shen Huaixiang, Old Shen, has bad luck. At the beginning of the year, the Yixuan supermarket chain closed down. I wonder if you know about it, Mr. Luo?"

Luo Yihang recalled, but had no impression of the name, so he shook his head. Manager Meng typed a few words on the computer and turned the monitor to face Luo Yihang.

The above is a news article.

The general idea is that in April this year, the Yixuan supermarket chain, which had more than 4 stores in two southeastern provinces, suddenly announced its closure. The chain giant, which had been in operation for seven years, was defeated and entered bankruptcy liquidation.

"The main distribution channel for Shen Huaixiang's Ou Kai Food Company is the Yixuan supermarket chain, which accounts for more than 80%. Since entering Yixuan five years ago, Ou Kai has grown bigger and bigger as Yixuan expands. From a single hot sauce factory, it has developed into a comprehensive food production factory that includes hot sauce, rice sauce, convenience foods, snacks, etc. It has also expanded its supply channels and plans to develop upstream."

"Last year, we borrowed 700 million yuan to upgrade our production equipment and planned to make a big move."

"Unexpectedly, Yixuan suddenly closed down in April this year, and the bankruptcy liquidation has not yet been completed. Not only has Mr. Shen's shipping channels been cut off, but he is also owed more than four months' payment for the goods, and he doesn't know if he can get it back."

This sounded a wake-up call for Luo Yihang.

A single shipping channel is too risky.

When the channel expands, everything goes smoothly; but when the channel suddenly collapses, the collateral damage is devastating.

To be able to get a loan of 7 million, Ou Kai’s assets must be at least in the tens of millions, that’s all.

After introducing Ou Kai's situation, Luo Yihang felt that he was quite suitable.

Please ask Manager Meng to help introduce it.

Manager Meng agreed very readily, "I'll call Lao Shen and ask him to come over so you can talk. His production line is idle anyway, so it would be good to rent it out and collect some rent to pay back some of the interest."

Luo Yihang understood why Manager Meng was so enthusiastic. Old Shen couldn't pay back the loan...
-
Not long after.

Old Shen, whom Manager Meng mentioned, has arrived.

Luo Yihang’s first impression was “miserable”.

His hair was completely white, his eyes were red, and the blisters at the corners of his mouth due to inflammation had broken but the scabs had not fallen off yet, and there were more blisters popping up on the sides.

You can see that the smooth skin that was previously well maintained now looks pale and gray.

There are still a few bruises on the right eye socket that haven't healed yet. Maybe someone punched me in the face...

As soon as Old Shen entered the door, he greeted Manager Meng politely.

Then he immediately rushed to Luo Yihang, bent down almost 90 degrees, stretched out his hands respectfully, and smiled: "You must be Mr. Luo, hello, hello, you are really young and promising. I heard that you are interested in my factory, do you want to buy it? I can tell you that it is absolutely worth the money, thank you very much."

Luo Yihang quickly stood up and stretched out his hand to shake his.

Such an old man, so humble, spoke incoherently and anxiously, which made me feel uncomfortable.

When he learned that Luo Yihang just wanted to rent a production line, Old Shen looked disappointed, but he quickly cheered up and introduced his Ou Kai in detail.

There was a lot of boasting about how advanced the equipment was, how skilled the employees were, and how strong the production capacity was.

It’s basically the same as what Manager Meng said.

After chatting for a while, Luo Yihang and Lao Shen came out of ICBC.

I plan to visit his factory.

At the door, Lao Shen felt a little embarrassed.

He smiled awkwardly and said, "Boss Luo, I'm sorry, I have to use your car. My car..."

He paused for a moment, then gritted his teeth and said, "I just sold my car and haven't had time to buy a new one yet."

I sold all the cars, it seems the problem is very serious.

Luo Yihang smiled and said nothing, then took Lao Shen to his car.

When Old Shen saw that Luo Yihang's car was a Wuling, his shoulders collapsed.

After getting on the bus, they all spoke in a nonchalant tone, casually giving instructions on the route, and the rest of the time they sat in their seats, thinking silently about their own things.

After leaving the city, he suddenly became excited again, pulled Luo Yihang and cursed the bastard "Meng" from ICBC.

What about begging him for a loan last year, going to his house to give gifts and wanting to go eight times a week.

He just encountered some difficulties this year, and he changed his attitude faster than turning the pages of a book. I still had to run eight times a week to force him to repay the loan.

The Yixuan family are nothing. We have been friends for so many years, but when their supermarket chain was going to collapse, they didn’t tell us anything in advance. Before they closed down in April, they still ordered a large batch of goods. Everything was ruined when they went bankrupt.

The farmers are nothing either. Yes, we signed a contract at the beginning of the year, with a guaranteed price and sales. Now the crops have been grown, but the problem is that we have run into difficulties and have no money to buy them. They come to make trouble every day, quarrel every day, and even dare to hit people...

Anyway, he just complained and was full of resentment.

Luo Yihang listened quietly and understood.

Lao Shen is the kind of person who seizes opportunities and stands at the forefront.

It's nothing when it blows with the wind.

When the wind stopped, I found that I couldn't fly.

My spirit is gone.

Even if he rents the production line, he still has to find someone to manage it...

(End of this chapter)