Chapter 225 Eliminating Risks
"Old Cao, you've gone a little too far."

"What's wrong, godfather?"

"Contacting the next player in front of me, do you think my fist is not strong enough?"

on the way back.

Chen Chen kept teasing Cao Zihua about James trying to recruit him.

Cao Zihua was not ashamed but proud: "Gold will always shine."

"But you are an old friend. I wanted to take you over to let Xu Chuang give you a kiss, but you got so cocky. Where does your confidence come from?"

Cao Zihua was delighted: "My adoptive father gave it to me..."

The boss pretends to be cool but never forgets the well digger. Lao Cao thinks that the boss has a sharp tongue but a soft heart.

He said he wanted to take me to Miaoyin to experience the diversity.

In fact, it was Xu Chuang who felt the disparity.

Under the protection of the young boss, Cao Zihua and Jiang Kun felt very superior in Miaoyin.

"A bird flies high with a phoenix, and a man becomes noble when he is with a virtuous man. Father-in-law, you are that bird."

"Oh, you got it the other way around."

"Same same same."

Chen Chen smiled slightly and stopped being angry.

Treating employees like buddies has its disadvantages, but the advantages still outweigh the disadvantages.

There is indeed cohesion.

At first, when he heard that someone was trying to poach Cao Zihua, he would be lying if he said he wasn't worried, after all, Cao Zihua's level was irreplaceable.

He is considered the most important asset of Chendun, a small and micro enterprise.

Today, James tried to poach him right in front of him, but Cao Zihua was very determined and unmoved. This was enough and more comforting than the refreshing call of "godfather".

After returning to the industrial park, Chen Chen felt it necessary to inform Shunfeng about the stolen money, so he went to the first phase first.

When Cao Zihua heard that he could meet Mr. Shen, he happily followed him.

"Where is President Wei?" Chen Chen saw that Wei Xiao was not there and Shen Xin was in charge of the situation, so he said something.

"You don't know where President Wei is going."

"I'm not his father."

Hearing this, Song Jie came over with a smile and said, "The old man treats you as his son-in-law, so you can't hold back and talk about brotherhood with the old man."

"???"

When Wei Xiao is not around, Song Jie and Shen Xin will automatically unlock the form of the head of the family.

Together, the two of them probably make up half of Shunfeng's family, so Chen Chen has a very good relationship with them.

Chen Chen didn't want to show off in front of them, so he just said, "Miaoyin's matter has been settled. President Xu verbally agreed to make additional investments. Please send someone to contact them for the follow-up details."

"What the hell! Is this true?" Song Jie looked at Chen Chen in shock.

"Is my credibility so low right now? Or do you have a rebuttal personality?"

Song Jie waved his hands quickly: "Don't get me wrong, I mean it's incredible, Xu Chuang is a rare miser in the rich second generation circle, he is very stingy."

After he finished speaking, Chen Chen slowly turned his head and looked at Shen Xin.

"What do you see me doing?"

Chen Chen was a little curious: "How much did you get when you divorced?"

"Half." Shen Xin was a little indifferent.

Song Jie immediately interrupted: "That was also pulled out with the help of the law. If someone else came, they really couldn't pull it out at all."

Cao Zihua on the side heard every word but did not express his opinion as his thoughts had drifted away.

Shen Xin got half from Xu Chuang.

Then in the future, the number of people who will get married to Shen Xin will inexplicably increase by half.

After converting the simple equation, Cao Zihua felt that he had more motivation.

"Are you dreaming here?" Chen Chen punched Cao Zihua on the shoulder blade.

"Yes, I dreamed that I became rich."

"You can dream again after get off work. Report your work to Mr. Shen and Mr. Song and talk about our industrial chain."

When Chen Chen saw the stars in Cao Zihua's eyes, he knew that this guy's IQ was low again. So he quickly stopped him and let work take over the high ground of IQ.

"Oh... Chendun is considering optimizing some suppliers recently."

Shen Xin finally looked Cao Zihua in the eye: "Optimization, do you mean that the supplier still has defects now?"

"We have conducted a survey of the entire drone industry chain and now we have basically achieved 100% localization."

"That's not good."

"It's good, but the purchase volume of some parts is too large now. Several suppliers rely on orders from Chendun to survive. The boss wants to take over the supply chain directly."

Song Jie turned to look at Chen Chen: "Own, do you mean acquisition?"

Chen Chen crossed his legs and said, "Not all of them. Some key parts need to be taken back."

"for example?"

“For example, motor materials and sensor components for drones.”

Morning Shield has conducted a similar investigation before.

In the last investigation, they took back all the key technical cores.

But Chen Chen felt it was not enough.

When Chendun produces a drone now, about 70 percent of its parts are purchased from outside.

None of these components are key technologies, but they are used in large quantities and made of a single material, which makes it easy to form a monopoly.

"I want to slowly make all the key components my own."

"On the one hand, it prevents suppliers from lacking competition and gradually losing their product strength."

"Another thing is to eliminate risks. You can't guarantee that some suppliers will use inferior products as OEM products."

This is not groundless.

Similar problems occurred during this investigation.

There is a company that has been a stable supplier of Chendun, responsible for providing transmission bearings.

It's not something technically complicated.

But this company has the support of Chendun and has had a large number of stable orders over a long period of time, and it has gradually become a stable job.

The suppliers felt that Chendun could not survive without them, so they started to have evil ideas.

At first, they privately modified the proportion of bearing metal materials, and later simply subcontracted some of the products to the lower-level market and made a profit from the difference.

Such unscrupulous business practices are common in the manufacturing industry, but Chen Chen cannot tolerate them at all.

"If they dare to label their products today, they will dare to kill people tomorrow. The key is that once they label their products, we cannot guarantee the controllability of the entire industrial chain. What if someone labels their products after the Eagle Sauce?"

Shen Xin and Song Jie looked at each other and felt that what the man said made sense.

Drones are no different from other products. Leaders above have repeatedly demanded the controllability of the industry, so there is nothing wrong with being cautious.

Although the investment will be larger if we take back some parts now, the subsequent costs will be lower.

In the long run, there is no loss in benefits.

Moreover, Chen Chen's trait of always maintaining a sense of crisis is very attractive.

He can see such a far future from a private label product, and has already thought of the situation where others use private label products to strangle him.

As if he was a victim and had experienced it personally.

This kind of strategic thinking of being prepared for danger in times of peace is no joke.

Shen Xinshang thought about it for a while and agreed in principle: "Okay, bring a specific list and see what companies you want to acquire. I'll try to come up with an acquisition plan."

Song Jie also nodded: "We don't need to rush, we can take our time to think about it and proceed step by step. Mr. Shen is an old hand in mergers and acquisitions, and he can always get a good price."

"Let's get the motor materials ready first."

Chen Chen already had a clear list in his mind.

"There is a company called Guanneng Permanent Magnets, which deals in rare earth materials. It is a key company."

Shen Xin wrote down the name on her memo, then roughly checked it on her computer and had an idea in her mind.

"Give me three months, and I'll try to give them a discount."

"So long, are you planning to break someone's bones?"

(End of this chapter)

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