Reborn not to be a simp, the school beauty's whole family goes crazy
Chapter 665 Second Sister's Funding Chain Has Broken
Chen Dong was stunned when he heard what his second sister, Chen Xiurong, said.
Is my second sister's company facing a cash flow crisis?
Chen Dong remembered that his second sister, Chen Xiurong, was in the clothing trade in Shenzhen.
In this era, the clothing trade was a fairly good business.
As people gradually become wealthier, they start to be willing to buy new clothes and shoes.
Buy at least one set every year.
People with more money will buy clothes every six months or every season.
This is no longer the case as it used to be, when the father would wear the clothes, the older brother would wear them, and then the younger brother would wear them.
In particular, the payback period for the garment trade should be relatively short.
How could the cash flow have dried up?
However, Chen Dong didn't feel comfortable asking about this, and replied with a smile, "I thought it was something important, but it turns out it's about money. Your brother doesn't have much else, but now I have a bit more money."
"Second sister, how much money are you short right now?"
On the other end of the phone, Chen Xiurong said after calculating for a moment, "I owe the raw material suppliers a total of 100,000 yuan in scattered payments. The transportation costs, the wages to be paid, and the wages owed also add up to a lot, around 50,000 yuan."
"Then... we might need another 100,000 yuan to maintain our cash flow so that our company can get through this difficult period."
As Chen Xiurong spoke, she became very embarrassed and ashamed to the point of wanting to die.
Two years ago, when I called home for Chinese New Year, I was still bragging to my parents about how great my business was.
As a result, before three years had even passed, problems arose and he had to borrow money from his younger brother.
If my younger brother doesn't succeed and I have nowhere to borrow money, my clothing trading company will go bankrupt!
Chen Dong smiled and said reassuringly, "Second sister, how can you do business without losing money and encountering problems? My company is also facing some issues right now, but fortunately, it's not a big problem."
"Second sister, I'll lend you 300,000 yuan in the company's name. You can pay it back whenever you have the money, and I won't charge you interest."
"How can that be! Business is business, interest still needs to be calculated. At most, I can give you a low interest rate."
Chen Xiurong immediately became anxious. A company isn't something that one person can decide.
This would put his younger brother in a very difficult position.
Chen Xiurong was unaware that Chen Dong's company was solely owned by him, and there were no other shareholders.
However, Chen Xiurong's clothing trading company has several shareholders.
Chen Dong paused for a moment, thought about it and realized that it made sense. After considering it for a while, he replied, "Since you've said so, Second Sister, then I'll just symbolically charge one percent interest."
"Yes, that's more like it, that's how business people should act."
Chen Xiurong said this with a smile, but in her heart she breathed a sigh of relief.
She didn't want to cause her younger brother too much trouble.
Then, Chen Xiurong asked with great concern, "Brother, you just said that your company has encountered a minor problem. What is it? Perhaps your second sister has encountered something similar and can give you some advice?"
"Haha~ It's just a small matter of poaching people. Some companies also want to make games like me, so they come to me to poach people."
Chen Dong laughed it off without a care in the world, and then told Chen Xiurong what had happened.
After analyzing and considering the situation, Chen Xiurong felt that her younger brother Chen Dong's response was not problematic.
However, Chen Xiurong complained, "Brother, haven't you thought about giving your employees a raise too?"
"No, the market is the market. Randomly raising wages and creating chaotic competition will only lead to involution, and in the end, no one will make money."
Chen Dong bluntly and decisively expressed his thoughts.
There's no way I'll get a raise. My salary will only ever be adjusted according to market rates; I won't offer any extra benefits.
However! Even without a raise, Chen Dong will treat his employees well in other ways.
For example, project bonuses, year-end bonuses, and welfare benefits.
Especially project bonuses and year-end bonuses—these days, these things aren't taxed!
In other words, it allows you to legally avoid taxes through non-salary means, enabling your employees to earn more income!
However, this is not so appealing to employees who prefer to lie down and not work hard.
But Chen Dong had no intention of giving preferential treatment to such employees; the company and its employees would just slack off together.
Chen Xiurong knew nothing about games or computers, and after hearing what her younger brother Chen Dong had said, she didn't want to meddle.
Afterwards, Chen Dong and Chen Xiurong chatted about everyday things.
Then he hung up the phone.
Not long after, the fax machine rang, and my second sister's bank card had been sent over.
Chen Dong skipped the 361 procedure and made a phone call, asking Xingyao Electronics in Shenzhen to provide the 300,000 yuan.
Chen Dong’s idea for Xingyao Electronics is to focus on chips and eventually develop into a company capable of independently developing chips. He even dared to dream of developing lithography machines!
Therefore, Chen Dong did not withdraw the money earned from Xingyao Electronics from the parent company of 361, but kept it on the books for future use.
Now it seems that it was indeed the right decision.
There are business opportunities everywhere in Shenzhen, and I might move my company there in the future.
It's still a wise move to hoard some money there.
However, there was one thing that made Chen Dong unhappy.
I just learned from a chat with my second sister, Chen Xiurong, that she seems to have started dating someone.
That's right, she's the scumbag who will marry into the family, then have his family run away with the donated money, bankrupt his company, and ultimately cause his second sister to commit suicide by jumping off a building.
That's not just being a scumbag, that's being a complete scumbag who doesn't even deserve to be called a human being.
Cheating is one thing, but to follow the example of the Yellow River boss and run away with his mistress after donating money to live a carefree life abroad.
In his previous life, Chen Dong hadn't been able to find out what happened to that guy abroad.
All I know is that my second sister, Chen Xiurong, was killed by that guy.
"In this life, I absolutely cannot let you screw over my second sister again!"
Chen Dong clenched his fist, thinking to himself that he would find an opportunity to call his second sister more often.
He shared the insights and experiences he had gained from dating so many girls with his second sister, so that she could see through the true nature of some people.
That way, I won't end up with a car crash and a terrible accident.
In particular, we absolutely cannot let my second sister marry that guy again, and we must even cut off any business cooperation or shareholding with him.
If we have the chance, we should send someone over there to make that guy disappear from the face of the earth!
This is the safest approach.
However, Chen Dong didn't have a deep impression of that guy. The face and body recorded by the hyperthymesia were all the big, fat belly he had more than ten years later.
At this point, the other person will definitely be a handsome young man, making him hard to recognize.
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