Starting out as a drug dealer in 1988

Chapter 326: Reform of the Freight Company 2

The original intention of establishing Hengyuan Freight Company was to help two childhood friends find a career.

From the beginning, Zhao Wenhao actually had no intention of getting involved. He just wanted to lend them some money and let them develop freely.

Anyway, Hengyuan Electronics needs freight companies to participate in the transportation of goods. If they hand over all their orders to them, they will still make money.

But these two guys had no confidence from the beginning.

Especially since Zhao Wenhao did not participate in the investment, they did not dare to invest so much at once. Even though the money was loaned to them by Zhao Wenhao, they did not need to pay too much.

In desperation, Zhao Wenhao put out a certain amount of funds to participate in the investment and became the de facto major shareholder.

However, Zhao Wenhao basically does not interfere too much in the company's operations.

Apart from letting his two childhood friends hone their abilities, Zhao Wenhao really doesn't have much energy to take care of them.

After all, Hengyuan Electronics is in the early stages of rapid development.

"That shouldn't be the case. Those are our own people. They shouldn't do that."

Zhao Dagou still found it hard to believe, because what Zhao Wenhao said included his two uncles and several cousins.

He couldn't help but look at Zhao Wenhao suspiciously, hoping to get a positive answer from him.

However, Zhao Wenhao did not respond to his gaze, but just sat silently in the chair, with a hint of disappointment and anger in his eyes.

"Mingliang, what do you think?" Zhao Wenhao ignored Zhao Dagou and turned to look at Zhao Mingliang.

Zhao Mingliang rubbed his nose and nodded. His expression was a little awkward, and he seemed very uncomfortable with this topic.

"Actually, when the data report came out, I secretly asked someone to check it. There are indeed some problems, but it's not to the point of putting all the blame on them."

Zhao Mingliang's voice was low, with a tone of helplessness and compromise.

After hearing their explanation, Zhao Wenhao couldn't help but sneer. "Oh? Then tell me, the freight company has no shortage of orders, so why is it only making such a small profit? If this trend continues, I think it might even be negative in the second half of the year, right?"

His words were full of sarcasm and dissatisfaction, which made both Zhao Dagou and Zhao Mingliang feel very embarrassed.

They knew that Zhao Wenhao was very serious about this matter and had lost trust in them.

The two could see that Zhao Wenhao was really angry, so they didn't dare to reply.

They knew that nothing they said now would change Zhao Wenhao's mind, and they could only wait for him to calm down and then find a way to solve the problem.

Zhao Wenhao, on his part, shook his head silently.

Should we take care of this matter?

Zhao Wenhao was very conflicted and even had negative thoughts at one point - just give up on the company and let them do whatever they want!

After all, when he invested in the freight company, he didn't expect to make much profit from it.

It was more out of support for my two childhood friends, hoping to help them start a business. Even if I lost money in the end, it would only be a mere 200 million.

Moreover, the freight company still owns fixed assets such as 200 trucks.

Even after deducting the bank loan, two million yuan can still be cashed out.

By this calculation, the 200 million he invested initially did not actually result in any loss when he cashed it out.

However, what made him dissatisfied was that over the past year or so, part of the profits earned by the freight company had been divided up by the relatives of Zhao Dagou and Zhao Mingliang.

Thinking of this, Zhao Wenhao couldn't help but frown, feeling a little unhappy.

This was contrary to his original idea and made him very disappointed.

In the early 90s, some people were willing to invest millions and even lend him money to become a shareholder of the company.

What’s more, most of the orders were arranged in advance, but in the end, no money was made.

This undoubtedly reveals the lack of personal ability.

However, Zhao Dagou and Zhao Mingliang cannot be entirely blamed.

They only have a junior high school education, are young, and lack sufficient social experience and management skills.

In addition, influenced by relatives and friends, and being pampered all day long, their mentality has long become arrogant.

"Two ways!" Seeing that the two still didn't speak, Zhao Wenhao was a little discouraged, wondering what these two guys were thinking?

So he said directly, "First, the three of us only invested a few million in total anyway. Why don't we just sell the company? We should still be able to make a profit."

"How can that be?" Zhao Dagou was the first to object. "This is the property we worked so hard to build. It would be a shame to just sell it off like this, wouldn't it?"

Zhao Mingliang also shook his head. "Yes, Wenhao, we have actually put a lot of effort into the freight company, and we also hope to make it bigger and stronger. If you say you want to sell it, I definitely don't agree."

"What if we don't sell it?" Zhao Wenhao sighed helplessly. "Based on the current operating conditions and market environment, the company is already facing tremendous pressure. If we continue like this, we might even incur losses in the second half of the year. And next year's situation is even more unpredictable. Will we still have to borrow money from the bank to fill this bottomless pit?"

After saying that, Zhao Wenhao looked at the two of them seriously, waiting for their response.

"Not necessarily. The company has made some money in the past two months. I believe things will get better, Haozi. Don't worry. You might have some issues, but they're not that serious. We'll investigate when we get back, and if anyone is truly messing around, we'll definitely take action."

Zhao Mingliang raised his right hand, put his five fingers together, and quickly made a promise.

"Hey, Mingliang, do you know why there seems to be an increase in the last few months of the year?"

Zhao Wenhao smiled bitterly and shook his head, "Because Hengyuan Electronics' shipments increased significantly in the second half of the year, you naturally received more orders.

This is peak sales season, and you'll see next month when the figures are likely to be disastrous."

From the attitudes of Zhao Dagou and Zhao Mingliang, it can be seen that they did not seem to take his reminder to heart, which made him feel a little helpless.

I have emphasized many times the importance of doing a good job in data statistics and analysis, but they obviously did not listen.

If this continues, the company will run into problems sooner or later.

If they really carried it out seriously, they would never say such unprofessional words.

You should know that July, August and the end of each year are the peak seasons for home appliance sales.

After all, this is the time when everyone likes to buy new home appliances to welcome the arrival of summer and winter.

Therefore, as Hengyuan Electronics received more orders, Hengyuan Freight Company's business volume naturally increased a lot.

Unfortunately, these two guys didn't take his words seriously.

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