Any industry, during its development, cannot do without competition.
There are many methods of competition. Some people use insidious and improper means to obtain ultimate benefits.
Some people choose a more gentle approach, benign competition.
But after both of these, there is a final method, which is also the most crude and simple one, and its name is—acquisition!
A method in which only large companies, large enterprises, and large factories with strong capital volume crudely and simply acquire smaller enterprises below them, thereby expanding market share and occupying absolute initiative.
It sounds a bit unfair, but the world of capital is so cruel.
With Qin Chuan's current strength, he is fully qualified to acquire some small decoration companies below.
In the decoration market of Yongnan County, there are indeed many small companies, but few of them can match the specifications of Yaohui Decoration. Moreover, many decoration teams do not even have companies. They are temporary informal organizations.
That is, a few relatives or friends get together to form a small decoration team, go out to take jobs, and support their families.
If all these scattered small companies or informal organizations can be attracted, then the personnel of Yaohui Decoration Company will be replenished immediately.
No longer have to worry about insufficient manpower, and at the same time enhance Yaohui Decoration's local reputation, and thoroughly advance towards the leading position in the decoration industry in Yongnan County.
"Boss, acquisition is indeed a good method, but the problem is that our decoration company's account is not very rich in funds!"
After Chen Jinyu calmed down, he first raised the most crucial element.
To acquire, money is always the first thing. Without money, any good method is just empty talk, a castle in the air.
"Money is not a problem. After the meeting, I will directly transfer two million to the decoration company's account."
Qin Chuan said, his tone was very arrogant, with a look of being rich and powerful.
He had just borrowed ten million yuan from the Postal Bank with the guarantee of the county government. Five million yuan was transferred to Xinhua Electronics Factory's account to continue expanding the production of Shield Storage Cabinets.
He still had five million yuan in his bank card. For a professional businessman, the greatest failure and insult to oneself is not being able to spend this five million yuan.
What is a businessman?!
A businessman is someone who makes money with money, not someone who earns money and obediently deposits it in the bank account. That is the most foolish practice.
In Qin Chuan's concept, losing money is never scary, at most you can earn it back.
If a businessman lacks this courage, then he is not professional.
"Two million, that's enough!!"
Hearing Qin Chuan's direct aid of two million yuan, Chen Jinyu's entire face was filled with excitement.
The decoration companies in Yongnan County, in his opinion, were all a pile of loose sand. The largest scale was only a mere few hundred thousand. With so much money pouring in, it would definitely cause an uproar in the entire decoration industry.
Once this pile of loose sand is gathered, the scale and number of Yaohui Decoration Company will reach another level, and it will be completely dominant.
Around, Ye Meiyun, Xu Ronghua, Ge Lan, Liu Shengli and others all applauded to congratulate.
"Director Chen, then we will wait for your good news!"
"We eagerly await Yaohui Decoration Company to become the number one decoration leader in Yongnan County!"
Chen Jinyu stood up awkwardly and clasped his fists in thanks.
"Yaohui Decoration and Xinhua Electronics Factory are connected, belonging to the same family."
"Let's get rich together! Get rich together!"
After the meeting, Chen Jinyu left, preparing to immediately arrange everything.
Time is very tight for Yaohui Decoration Company now, allowing no delay.
After having lunch at the electronics factory, Qin Chuan also came to Yaohui Decoration Company.
To be honest, Yaohui Decoration Company is the only one he truly controls 100%. All income belongs to him alone.
Except for Yaohui Decoration Company, whether it is the real estate, the supermarket, the clothing store, or even Xinhua Electronics Factory, where he invests the most effort and money, Qin Chuan is not the sole controlling shareholder.
In the real estate, Li Ya and he each hold 50% of the shares, but the management rights are in Qin Chuan's hands.
In the clothing store, Qin Chuan only holds 10% of the shares, and the remaining 90% are in Li Ya's hands.
Meitehao Supermarket, Qin Chuan holds 90% of the shares, and Li Ya holds 10%.
As for Xinhua Electronics Factory, which has the largest investment, it is even more complicated.
Qin Chuan is the legal representative of the electronics factory, and many things are his. However, for the product [Shield Storage Cabinet], which everyone is currently researching together, the equity structure is a bit complicated.
The largest shareholder is Ye Meiyun, who holds 51%, absolute control.
Despite Qin Chuan's hard work and financial investment, his equity is only 30%.
The remaining 19% of the equity is held by Xu Ronghua and Li Chunsheng, each holding 5%. The remaining 9% is distributed by Ye Meiyun to some scientists who were developing the operating system at the time.
This is Qin Chuan's true position in all his industries. The outside rumors say his net worth is tens of millions, and he is already a rich man worth tens of millions, the richest man in Yongnan County...
Qin Chuan just smiles and ignores such remarks, too lazy to refute them.
Only he himself knows that he is far from reaching that standard.
If it comes to external debt, he might have that strength. The title of a wealthy debtor worth tens of millions is well-deserved.
Therefore, after so much said, Yaohui Decoration Company is actually the one that Qin Chuan truly controls 100%, his real "son".
Since the timing is right, while waiting for news, Qin Chuan feels that as the boss, he should be conscientious and share some responsibility, and not leave everything to Chen Jinyu.
In the office of Yaohui Decoration, Chen Jinyu's expression was very exaggerated when he heard that Qin Chuan was going to help him. He even deliberately ran to the window and looked outside.
"The sun didn't rise from the west, what's going on today? Did my great boss have a screw loose!"
Chen Jinyu jokingly said, "It's about time you, my boss, remembered you have a decoration company?"
Qin Chuan's face turned dark: "What are you talking about! What are you talking about!"
"I treat all my industries equally, without any favoritism..."
As he said this, Qin Chuan noticed the increasing teasing in Chen Jinyu's eyes. His old face couldn't help but turn slightly red, so he could only cough dryly and euphemistically say:
"Perhaps I have neglected Yaohui during this period, but there are absolutely trustworthy people!"
"Jinyu, you are my most trusted brother. I have confidence in you to handle things!"
This flattering remark was more effective than anything. Chen Jinyu felt lighter all over upon hearing it, enjoying it immensely.
"You always say nice things!"
"But I like to hear it!"
After Chen Jinyu finished speaking, he first laughed heartily, and Qin Chuan followed suit.
"Since you are here this time, let's work hard together and see which decoration company we should start with..."
After the laughter subsided, Chen Jinyu pointed to the table.
There were many papers spread out on it, all containing detailed information about various decoration companies in Yongnan County.