Chapter 507 Reconstruction of Yabao Road
"That's right." Fang Yuan nodded.
"Fang Yuan, actually I have another worry now." The old factory director frowned and said.
"Oh! What are you worried about?" Fangyuan looked at the old factory director and asked.
"I'm worried that this financing won't go smoothly. Think about it! The factory has been owed wages for several months. At this time, who still has money? Even if they have money, who will take it out! We don't have any money at all.
I don’t know what will happen in the future.”
"Director, you don't need to worry about this. I guarantee that as long as you do this, there will be no problem. The most urgent task now is to calculate some factory values and then formulate a plan."
"Yeah! I understand. I'll find someone to do accounting and evaluation on the factory when I get back."
"Yes! Wait for the evaluation results to come out before proceeding to the next step." Fang Yuan nodded.
"good."
The old factory director was also in a hurry. He had no choice. The factory had no money now, and there was no funding from above.
This was all caused by the ten-year period. In the past, when profits were good, all the money earned by the factory was handed over.
Now the factory is in a smoky mess, and the higher-ups don't care about it, leaving the factory to be responsible for its own profits and losses. Isn't this a joke?
As the saying goes, a clever woman cannot make a meal without rice. The old factory director is now such a clever woman. If he wants the factory to continue operating, he must get rice.
Fortunately, although the old factory director is pedantic, he is not stupid and knows what the top priority is.
Otherwise, the factory will have no choice but to close down.
If such a large factory really closes down, the problem will be serious. How will the nearly 20,000 employees plus retired employees be arranged?
You must know that today is not like later generations, where unemployment insurance is provided for unemployed people, and retired employees are also paid retirement wages by the Finance Bureau.
Now that you are unemployed, you are unemployed, and you may not even get any subsidies. As for retired employees, that is even more true.
You must know that retired employees are paid by the factory on behalf of them, and even current employees cannot receive wages. You can imagine what will happen.
It's strange that the old factory manager is not in a hurry.
After chatting with Fangyuan for a few more words, the old factory manager left in a hurry.
After the old factory director left, the master glanced at Fangyuan and asked, "Are you going to do something wrong again?"
"Uh!" Fang Yuan was stunned for a moment, looked at Master and asked, "Master, why do you say that?"
"Let me ask you, how much do you think the woolen mill is worth now?" the master asked.
"This..." Fangyuan scratched his head and said, "To be honest, I really don't know this. It depends on whether the factory has foreign debts."
Master gave Fang Yuan a roll of his eyes and said, "Foreign debt? Do you think there may be foreign debt?"
After listening to what Master said, Fangyuan thought about it and it was true that at this time, unlike in later generations, it was impossible to have any foreign debts.
If the factory cannot continue to operate in future generations, it is possible to get a loan from a bank, but there is no such thing as a loan now.
Since there is no foreign debt, the woolen mill is worth at least 100 million based on its current scale.
"It's possible that there really isn't any. At most, it's just half a year's wages owed to the workers."
The current employees of the woolen mill plus retired employees are calculated as 20,000 people, and the average monthly salary for each person is 37.5 yuan.
Half a year's salary is only 4.5 million, which is really nothing for a large factory with total assets of hundreds of millions.
Unfortunately, assets worth hundreds of millions are all fixed assets and cannot be turned into cash. This is also the current situation of woolen mills.
"Then let me ask you, even if you exclude this half-year's salary, how much is the woolen mill worth?"
"Nearly 100 million!" Fangyuan said uncertainly.
He was really not sure. Although he lived in the woolen mill's family home, he was not an employee of the woolen mill. Even if he was an employee of the woolen mill, it was impossible to know how much the woolen mill was worth.
Because even the old factory manager needs to find someone to conduct the evaluation.
"Okay, let's calculate it as 100 million. If half of the shares are used for financing, how much do you think the workers can subscribe for?"
"Uh!" Fang Yuan scratched his head and said, "I really haven't thought about this."
Master’s words really hit the nail on the head! If the factory takes out 50% of its shares for financing, then it will have to raise 100 million yuan as long as the national interests are not infringed.
Counting retired workers, the entire woolen mill only has 20,000 employees.
If 100 million is spread to 20,000 people on average, then each person would have to spend 5,000 yuan.
Five thousand yuan, not to mention retired employees, even working employees, who can come up with it.
You must know that this is the salary of a formal employee who has not eaten or drank for more than ten years!
This has just passed ten years, and it can be said that no one has much money in their hands, otherwise there would be many people who would be unable to uncover the blame after only being owed half a year's salary.
Yes, there may be some people who still have some money saved, but the money is definitely very small. It is estimated that except for the Fangyuan family, no one in the entire woolen mill has spent a thousand yuan.
The same is true even for Uncle Fatty's family. Although Uncle Fatty's income is not low these years, he has also saved some money, but don't forget that Dabao and Erbao just separated a few years ago!
The little money that Fat Uncle had saved would probably have been paid for by Fatty's two brothers long ago.
Regarding everyone’s current situation, let alone raising 100 million, you may not be able to raise even 10 million.
Seeing Fangyuan's expression, Master still didn't understand what was going on, so he shook his head and said nothing more.
"Master, what's your expression?"
"You know it yourself." Master curled his lips and said.
"Uh!" Fang Yuan smiled bitterly, shook his head, and said, "Master, I really have no other intentions. Isn't it all for everyone!"
"For everyone? I think you are doing it for yourself!"
Master's words made Fang Yuan blush a little, maybe because Master saw through his mind!
But there was nothing Fangyuan could do! Whether it was for himself or for everyone else, he could just recuperate.
In this case, the country does not suffer any loss, and the workers’ interests do not suffer either. Isn’t this a good thing?
It is even said that not only did the country and workers not suffer losses, but they also gained great benefits because of him. This is a win-win-win situation.
The next day, Fangyuan put this matter aside because he had more important things to do.
I drove to Yabao Road, walked around for a while, and then went to find the person who built the house.
Fangyuan is planning to rebuild all the houses facing the street, and it will be built according to the total area of each house.
Nowadays, for a house with an area of 300 square meters, the area of the house facing the street is only 50 or 60 square meters, which is obviously smaller.
Therefore, Fangyuan plans to demolish all these houses and rebuild them. The rebuilt houses will be built on the entire homestead site.
In other words, the construction area will reach 300 square meters by then, and Fangyuan has already thought about not only rebuilding it, but also building two floors.
In this case, both floors can be used as facade rooms. Of course, the second floor can also be used as a warehouse or a place to live. This depends on the tenant.
However, in this way, the area will increase too much, at least several times, and this does not include the area of the second floor.
To put it bluntly, Fangyuan just wants to maximize the benefits. Even if it is demolished in the future, it can still get the maximum benefits.
In the next month, Fangyuan was busy with things on Yabao Road. Fangyuan found a construction company, which was, of course, state-owned.
There is no way, there are no private construction companies yet, so we can only look for state-owned companies.
But there is one thing. Because of the reform and opening up, state-owned construction companies have also started to operate outside the country, but the price is a little higher.
To save trouble, Fangyuan contracted the work and materials! In other words, he only had to pay for it.
Overall, it's about 10% more expensive than what he made himself, but don't underestimate this 10%! That's a lot of money.
You must know that this is more than 100 houses. If there are more than 30,000 yuan per house, that is about 4 million yuan.
Ten percent more would be over 400,000.
As for why it costs so much money to build a house, this is normal and does not look at the construction area.
The price of buying a 300-square-meter courtyard house is just over 10,000 square meters, but the building area is less than 200 square meters.
After Fangyuan was rebuilt, the 300-square-meter courtyard became a two-story building with a total construction area of 600 square meters.
Although he spent a little more money, Fangyuan felt that it was worth it because he didn't need to worry about it anymore.
Also, there is no need to worry about cutting corners. Not to mention that there is no concept of cutting corners yet. Even if there is, no one would dare because this construction company is a state-owned unit.
Besides, this little money is nothing compared to future income, so Fangyuan doesn't need to worry about it.
What he is thinking about right now is that he can build a house, and nothing else is considered.
Just as Fangyuan had arranged the arrangements for Yabao Road, the old factory director came to the door again, and also brought the factory value assessment.
This is not only the factory's own assessment, but also the assessment report conducted by professionals.
Geng Fangyuan thought a little differently, the total assets of the factory actually reached 130 million, but think about it, you have to know that there are intangible assets included!
After Fangyuan finished reading the materials, the old factory director said, "Fangyuan, I'm afraid this is very difficult, right?"
Fangyuan put down the information and asked, "Oh! Why do you say that?"
"One hundred and thirty million! I estimate that even one tenth of the financing may not be successful."
The old factory director has been here for more than half his life and knows everyone's situation better than Fangyuan, which is why he said this.
"How do you know it doesn't work until you try it?" Fang Yuan said with a smile.
"Ah! Do you really want to try?"
"I said to the factory director, it is a bit irresponsible of you to say this at this time. I ask you, how long can the factory last without financing."
"Uh! This..."
"Okay, just follow this plan, publish the financing plan every day, and let everyone make their own choices. If it doesn't work, we will think of other ways when the time comes."...
Chapter completed!