Starting out as a drug dealer in 1988

Zhou Xian quickly offered his suggestion. Perhaps he had already figured out how to convince Zhao Wenhao before he arrived.

However, Zhao Wenhao disagreed. "Leader, the situation isn't that simple. The provincial TV factory's existing technology is already outdated. The products we're developing represent the next generation of new technology. There's a huge gap between the two, and they can't be confused."

Faced with such a question, Zhao Wenhao dared not hesitate to give in. After all, if he agreed casually, Zhou Xian might ask him to immediately acquire the provincial television factory.

"Nothing can be accomplished overnight. Instead of focusing on LCD TV research, it would be better to start producing color TVs. The provincial TV factory already has a solid foundation in these areas."

Besides, they have their own scientific researchers, but the factory has no funding, so those researchers are just too good to be true without resources. If you were willing to invest, these people might be able to perform at a higher level than your existing researchers.

Of course, my other meaning is that you can develop LCD TVs while producing color TVs.

As long as Hengyuan Electronics makes further investments and purchases new production lines from abroad, the provincial TV factory can be revitalized in less than six months."

Zhou Xian became more and more excited as he spoke, as if if Zhao Wenhao did not agree, he would be disregarding the lives of more than 1000 people in the Provincial Television Factory.

Unfortunately, Zhao Wenhao did not take over the conversation, but chose to remain silent.

"Oh..." Zhou Xian sighed, his face showing deep fatigue and helplessness.

He shook his head slightly, with a hint of bitterness in his tone: "Mr. Zhao, you should know very well in your heart that I came here with you today to discuss with you the possibility of Hengyuan Electronics acquiring the Provincial TV Factory.

After all, you are the most dynamic and promising enterprise in our province!

We all hope that you will be brave enough to shoulder this responsibility.

Of course, we have also fully considered your actual situation."

Zhou Xian paused and continued, "For you, it actually only requires a small price to pay.

First, you have to take on the pension and medical expenses of your current 1100 employees and 700 retirees.

But don’t worry, these 1100 employees are not a burden!

They are all experienced and skilled workers who can start working immediately after a little training and will not bring you too much additional cost pressure.

The real problem is the cost of the 700 retirees.

"But I've already calculated for you that the annual expenses are only about 200 million. This amount of money shouldn't be a big problem for a company as powerful as yours, right?"

Being able to bear it doesn't mean you have to bear it for no reason.

These retirees are like a burden, and they have to continue to bear it.

With this money, even if Zhao Wenhao wanted to open a color TV production line, he might as well hire new people to do it instead of worrying about it.

Therefore, Zhao Wenhao does not agree with Zhou Xian's statement.

Seeing Zhao Wenhao's noncommittal look, Zhou Xian knew what he was thinking.

So he could only continue to persuade her, "As I said before, the Provincial Television Factory has more than ten years of technological accumulation and existing technical personnel. These people and technology can be used by you, which is also a wealth.

You're starting from scratch now, and experienced people like these are exactly what you lack. If you had them, I believe you could have avoided many detours, at least in the early stages."

Zhao Wenhao frowned deeply. He agreed with what Zhou Xian said.

But these were not enough for him to acquire the provincial television factory.

Seeing that Zhao Wenhao seemed touched, Zhou Xian also knew that this kind of thing could not be settled in a few words.

So he stood up and said, "Let's go to the Provincial TV Factory sometime this week to inspect it. You can experience it for yourself, and then we can discuss it in detail."

"Everything is up to Governor Zhou." Zhao Wenhao also stood up and prepared to say goodbye.

"Haha, if you really listen to me, just buy the provincial TV factory and everything else will be easy to negotiate."

Zhou Xian pointed at Zhao Wenhao, the little rascal.

Of course, Zhao Wenhao was just being polite. As for whether to acquire the company, he himself was inclined not to do so.

Of course, it would be best to discuss this matter with the company's senior management, as they might have other opinions.

The next morning, Zhao Wenhao specifically called Yuan Bin and Chen Weiye into his office and told them about the provincial television factory.

As a result, Yuan Bin immediately expressed his opposition.

In his opinion, there was no need to acquire a factory that was on the verge of bankruptcy. If Hengyuan Electronics wanted to enter the color TV business, it could simply recruit and train its own staff.

Although it takes a certain period of time, it will not cause too much trouble and will also facilitate the integration of the company.

Chen Weiye, who is in charge of technology, thinks the acquisition is possible from a technical perspective.

As Zhou Xian said before, after all, it is an old factory with more than ten years of history, with certain technical accumulation and relevant professional talents.

This will allow them to avoid some detours in research and development and produce LCD TVs more quickly.

The two of them were at loggerheads and neither would give in, which made it even more difficult for Zhao Wenhao to make a decision.

So, he decided to take them with him when he went to inspect the place, so that they could understand the situation on the spot and make a judgment more easily.

Three days later, Zhao Wenhao, who received a notice from Secretary Wang, immediately set off for the Provincial Television Factory with staff from the Finance Department, several professionals from the Technical Department, as well as Vice President Yuan Bin and several employees from the Human Resources Department.

"Governor Zhou, President Zhao, welcome, welcome, a warm welcome!"

As soon as we entered the factory, the factory director Feng Zhen came out to greet us with a group of middle and senior managers.

Of course, Zhou Xian was very clear about the situation in the factory and did not take the flattery of their factory leaders to heart.

Yuan Bin, who was lagging behind, looked disdainful. "Look at this shabby factory. Look at those workers, each one lacks energy and spirit. How can such people join our Hengyuan?"

Chen Weiye, standing by, was unhappy. "You can't just judge by appearances. Most state-owned enterprises are like this now. It's mainly due to differences in management philosophy. Besides, as far as I know, they do have a certain amount of technical accumulation in circuits, sensors, and picture tubes."

Seeing the two arguing again, Zhao Wenhao quickly stopped them.

After all, we are in someone else's factory, and we can talk about it when we get back.

Now, all we need to do is look with our eyes and ask questions. The most important thing is to find out the truth about the Provincial TV Factory.

Including whether the factory’s current liabilities and assets match.

If the acquisition is ultimately necessary, there must be no problems in these areas.