Chapter 221 Another Path
Su Ya finished speaking and sat aside. At this time, Liu Xiaomei next to her also nodded and said, "I agree with Su Ya's point of view. Although both ancient dyeing and special techniques for fabrics are good things, these things cannot bring much profit."
"Our Yangyangyang Live Streaming Company has just gained some reputation. If we cooperate with Qianyi Manufacturing Plant, not only will we not gain profit, but we are also afraid of being dragged deeper into the mire by this garment factory."
After hearing Su Ya and Liu Xiaomei's words, Zheng Yanqiu sighed, then smiled bitterly and said, "Thank you all for your frank advice. To be honest, I also knew that this would be the outcome. You are all relatively young. I have been in business for more than twenty years, and I also know that our Qiyi Garment Factory can no longer move forward."
"In terms of business vision and methods, I'm not bad either. Early on, I thought about just going bankrupt and liquidating, keeping only the core formulas, and then making breakthroughs and developments in some niche markets."
"As Ms. Su said, earning a few hundred thousand a year is enough. But the old man disagreed. If this factory goes bankrupt, too many people will be unemployed."
"And as you can see, what keeps this factory running now is the three hundred and fifty-two members of the Wu family. The reason why such a large family lives together year-round is precisely because of the business of Qiyi Manufacturing Plant, where everyone works and lives."
"If the factory goes bankrupt, then over three hundred people will have to go out to work, and only a dozen or so will be able to stay to continue working. And this is precisely what my father-in-law did not want to see."
"He was unwilling to let this large family break apart, so he did not want me to give up the peripheral industries. The delay continued until this point, with debts increasing and the factory becoming less and less vibrant, resulting in an even worse outcome."
Speaking of this, Zheng Yanqiu laughed. She shrugged helplessly and said, "Alright, although we can't cooperate in the future, we can still be friends."
"Doing business with you young people is refreshing. How about this, please stay for dinner tonight. I will cook some authentic imperial cuisine for you that you have definitely never tasted. Please do me the honor!"
As Zheng Yanqiu spoke, she lowered her head and wiped away a tear, clearly understanding the fate of her factory.
She had placed her last hope on the "Yangyangyang" Live Streaming Company, hoping for a slim chance to save her factory.
Now that Liu Ran and the others had inspected the factory, and Su Ya and Liu Xiaomei had directly stated their opinion that cooperation was not feasible, this meant that her Qiyi Manufacturing Plant could not continue to operate.
The debt was too heavy, hundreds of millions in debt that could not be repaid. Unless it went bankrupt!
After bankruptcy, at least everyone would be free of debt. Although it would bring infamy, be looked down upon, and lead to unemployment for many employees, and the disintegration of this large family of over three hundred people.
However, at present, this seemed to be the only way out.
Or sell the formulas and fabric craftsmanship, selling the formulas for ancient dyeing and methods for producing various high-end fabrics to foreigners. This way, they could still earn some money.
Zheng Yanqiu sighed and was about to leave.
At this moment, Liu Ran stood up and said, "Wait, Madam Zheng, please stay."
Zheng Yanqiu turned around and looked at Liu Ran strangely.
Liu Ran smiled gently and said, "Madam Zheng, we haven't made a final decision yet! Yangyangyang Live Streaming Company has four founders! So far, only Senior Su Ya and Liu Xiaomei have expressed their opinions. Chen Yang and I haven't spoken yet!"
Zheng Yanqiu was a little surprised and looked at Liu Ran with confusion. Liu Ran sighed and said, "Actually, Madam Zheng, I am very willing to cooperate with you. When I founded Yangyangyang Brand Design Company, one of my biggest goals was to help our domestic brands rise and let more people know about them."
"This was the goal at the beginning, and it remains the goal now!"
"Indeed, your garment factory is already out of date and looks dilapidated. Operating costs cannot be reduced, and it is basically unsalvageable. However, your core craftsmanship, whether it's dyeing or fabrics, is still very distinctive and has a classical charm, representing a low-key luxury."
"Moreover, your family has been inheriting this for many years, constantly improving the formulas, and has never let this ancient dyeing method be lost, nor has it flowed abroad. You have persisted in doing this business, and this point makes us sincerely admire you."
"Therefore, our company is willing to cooperate with you. Although we may not make much money in the future, or even operate at a loss, I do have the intention to cooperate."
Then Liu Ran turned to Chen Yang and said, "Chen Yang, it's your turn to express your opinion. Although you are a driver, at this moment, you have an absolutely sacred voting right."
Chen Yang smiled and immediately said, "Of course, I support my wife's decision. No matter how right Su Ya and Liu Xiaomei are, I will unconditionally support my wife."
Su Ya frowned upon hearing this. She said helplessly, "Liu Ran, Chen Yang, doing business cannot be driven by impulse. As you can see, there are over a thousand workers in the garment factory outside. Do you know how much the monthly salary cost for a thousand workers is?"
"Moreover, in the current garment factories, most of them have introduced large-scale machine production, ensuring the quality and specifications of the clothes produced, with a pass rate of almost one hundred percent."
"But with too much human intervention, it is impossible to guarantee its pass rate."
"Even if you, Liu Ran, want to help Madam Zheng's factory, we truly lack the ability! Even if we invest the money earned from cosmetics into their factory, investing three hundred million or five hundred million, what good will it do?"
"It's useless. The more money you invest, the more difficult it will be to solve the problem. The only way out for their factory is bankruptcy and a complete rebuild."
Liu Ran shook her head and said, "Senior Su Ya, there is actually a second path to take. What you just said is the solution for a general garment factory."
"And Madam Zheng's factory previously focused on Hanfu, so we can discuss going down the path of high-end customized Hanfu."
"As long as we can build brand strength and influence, if just ten thousand people are willing to customize Hanfu from Madam Zheng's factory each month, and assuming our Hanfu is priced at three thousand yuan each, then the factory's monthly sales will be thirty million yuan. Thirty million is enough for Madam Zheng's factory to survive well."
Su Ya was stunned by Liu Ran's words and murmured doubtfully, "High-end customization? Can this path work?"
Liu Ran smiled confidently and said, "Isn't our Yangyangyang Brand Design Company specializing in this area?"
"Ten thousand pieces sold per month. As long as we build enough brand and appeal, it shouldn't be a problem, right?"
Just then, a pleasant sound of the guqin suddenly echoed from the next room.