Chapter 372 Negotiation (2)

"Don't blame Director Jiang. These things aren't hard to get; a simple experiment can yield the results!"

Noticing the disapproving glances directed at Jiang Wanpeng from some of the New China Electronics Factory executives, Qin Chuan frowned and spoke.

Jiang Wanpeng gave him a grateful look.

"New China Electronics Factory's qualification rate is only ninety percent!"

Qin Chuan picked up a wine glass from the table and tapped it heavily, a sharp gleam in his pitch-black eyes.

"What does that mean? I'm sure most of you here know!"

"We are far below the market standard!"

"We are seven percentage points short of the lowest acceptable rate of ninety-seven percent!"

"With such a qualification rate, if you were the business partner, would you feel comfortable handing your products to me for processing?"

"Or, with such a high rejection rate, how can New China Electronics Factory make money?"

Qin Chuan's questions became increasingly pointed, like the sharpest steel knives, causing the executives of New China Electronics Factory to lower their heads guiltily, unable to meet his gaze.

"Director Qian, the qualification rate you told me wasn't this!"

At this moment, Ye Qingping's expression turned grim as he looked at Qian Baoshan.

"County Head Ye..."

Qian Baoshan appeared flustered, his face pale.

Seeing this, Qin Chuan knew that Qian Baoshan had inflated the qualification rate, probably to something in the nineties, but definitely higher than ninety percent.

"With such an extremely low qualification rate, I'm afraid I truly cannot accept it!"

Qin Chuan directed this statement to Ye Qingping.

"Qin Chuan!"

Ye Qingping was anxious. The situation had escalated beyond his expectations, and he had never known the qualification rate to be so low.

The implications of this were immense!

"Boss Qin, we can discuss this."

"Yes, Boss Qin, our New China Electronics Factory's qualification rate is indeed a bit low, but it's not without its advantages!"

Qin Chuan countered, "What advantages?"

"Uh..."

The executive who mentioned advantages was stunned. Blushing, he stammered for a long time before finally muttering, "Our factory is large enough, and the land is very valuable!"

"Besides the land?"

Qin Chuan asked again.

He was met with silence, as if there was nothing else worth mentioning besides the twenty acres of land.

"Can't think of anything else, can you?"

Qin Chuan sneered.

"The twenty acres of land are indeed worth something, but am I taking over such a large electronics factory just for that land?"

"If that were the case, why would County Head Ye have me take it over? He could just find any real estate developer and tear down all the buildings to rebuild."

"Furthermore..."

"As far as I know, the electronics factory still owes quite a bit of back wages to the workers. Am I expected to pay this debt too?"

Qin Chuan posed question after question, filling the private room with a suffocating atmosphere.

"More importantly, if the qualification rate of this machinery cannot be improved, then I will have to spend money to buy new machinery. This is the real big expenditure, likely at least seven to eight million."

"Everyone, tell me, how am I supposed to handle such a large investment?"

Everyone remained silent, not uttering a word.

Because everything Qin Chuan said was true. If the existing machinery couldn't be repaired, new equipment would have to be purchased, which represented a considerable expense.

No one was willing to bear this cost.

Ye Qingping sat with a dark expression, silent. The development of the situation had far exceeded his expectations as county head.

Initially, he had intended to 'blackmail' Qin Chuan, but with so many issues suddenly surfacing, he had gone from a position of power to one of weakness.

His original plan had to be immediately altered; it was no longer suitable to 'blackmail.'

Ye Qingping sat quietly, tapping his fingers rhythmically on the table. Wang Ping'an, familiar with his habits, knew this was the county head's thinking posture.

Not far away, Qin Chuan sat with Li Chunsheng. When no one was paying attention, Li Chunsheng subtly gave a thumbs-up.

Qin Chuan blinked in response.

"Qin Chuan!"

After a long pause, Ye Qingping opened his eyes and spoke.

"The issues with New China Electronics Factory have indeed exceeded my expectations in many ways."

"We are old acquaintances; there's no need for business tactics. Let's be direct. If I still want you to take over the electronics factory, how much are you willing to pay for it?"

*Whoosh!!*

Almost as soon as Ye Qingping finished speaking, everyone looked up, their gazes sharp, fixed on Qin Chuan.

"The whole package? Does that include the land?"

Qin Chuan asked.

"Yes! Everything in the electronics factory!"

Ye Qingping stated with conviction, "And you will also be responsible for the workers' back wages."

Qin Chuan frowned, appearing thoughtful.

Seeing this, Li Chunsheng couldn't help but draw a 'three' on Qin Chuan's thigh with his finger, meaning three million.

Qin Chuan felt it and slowly raised one finger: "One million! Not a cent more!"

What?!

Everyone in the private room looked at him with utter astonishment. Li Chunsheng was startled; he had clearly written three million.

"Boss Qin, that's preposterous! One million can't even buy the land!"

Qian Baoshan exclaimed. When real interests were involved, his amiable demeanor vanished, replaced by a different face.

"Exactly, one million is a joke. Not to mention our factory's land, with current housing prices, each square meter is at least three hundred yuan!"

"Twenty acres is thirteen thousand square meters. If we calculate, assuming one hundred fifty to one hundred eighty yuan per square meter, that's about two million!"

"You want to buy the whole package for one million? You're dreaming!"

The executives of New China Electronics Factory collectively voiced their indignation, feeling greatly insulted.

"Also, we have so many buildings, machinery, office supplies, warehouse storage, etc. Those things alone are worth at least three million. Added together, it's nearly five million!"

Qin Chuan calmly watched the indignant executives. Once they had finished speaking, he began. "Have you all finished? If so, it's my turn to speak!"

"What you've said is mostly true. The entire factory, including the land, is worth about five million. I acknowledge that price; it's not excessive!"

Everyone fell silent, their eyes fixed on Qin Chuan.

"Alright, let me do my calculations!"

Qin Chuan continued:

"As I mentioned earlier, the issue of the qualification rate. If I can't repair it, I'll have to buy new equipment, which will cost at least seven to eight million."

"Then there's the back wages for the employees. I don't know the exact amount yet. Can anyone tell me?"

After a brief silence, someone lowered their voice and said, "About one hundred thousand!"

"Okay, let's count it as one hundred thousand. That's another significant expense, isn't it? After all, money doesn't grow on trees!"

Qin Chuan said.

"If I spend five million to buy your factory, I might end up investing thirteen million!"

"And this is just the beginning. I'll need to hire people, buy materials, and purchase all sorts of other necessities for the factory. Help me calculate, what kind of risks will I have to bear?"

This time, the indignant crowd no longer spoke. Silence filled the room.