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Chapter 53 Solutions

"Mr. Luo Yin, please!"

Triumph Restaurant, private room on the third floor. Pulan raised his glass.

"please."

Luo Yin raised his glass and the two sides touched each other.

"I don't know if Mr. Luo Yin has any other concerns. Feel free to mention them and I will answer them all!"

Pulan couldn't wait any longer.

These days, he has been going to Tulip Company almost every day, and sometimes even helps with cleaning.

He had also met Luo Yin several times. Although Luo Yin did not say that he wanted to invest, he did not clearly say that he would not invest. This made Pu Lan a little worried about gains and losses. He finally asked Luo Yin out today because he wanted to have a good talk with Luo Yin.

Luo Yin thought for a while and said:

"How many shareholders does your company have in total?"

"There are five people in total. Among them, I hold the largest share, with 30%, and the other four people total 70%."

Pulan replied quickly.

Luo Yin was suddenly a little surprised. He thought that Pulan's shareholding was more than 50%, but he didn't expect that it was only 30%.

As if knowing what Luo Yin was thinking, Pu Lan quickly explained:

"As the founder of Jumian Textile Factory, I originally held 100% of the shares, but if I wanted to make Jumian Textile Factory bigger, my savings would soon be insufficient. So I could only recruit people to invest.

Years have passed, and I only have 30% left..."

Luo Yin nodded, this is reasonable.

"So, you shareholders, do you all have the same idea now, such as looking for new investments?"

Luo Yin asked again.

"Of course, we have had a meeting a long time ago, and everyone unanimously decided to find new shareholders."

"Then how many shares can you offer? How much investment do you want?"

When Luo Yin asked about the important point, Pulan said seriously:

"We can give up up to 20% of the shares. If we invest in cash, we need 100,000 United coins."

20% of the shares are exchanged for 100,000 in cash, which means that the current valuation of the giant cotton textile factory is 500,000.

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To be honest, the price is not high.

Even Luo Yin felt that Pulan and the others were somewhat honest.

Because Luo Yin has been to Jumian Textile Factory. Not to mention other things, just talking about their machines, factories, land, existing raw materials and unsold cloth because of the high price, the total cost is three to four hundred thousand.

.

Including some invisible resources, such as connections and channels, it is definitely worth more than 500,000 yuan.

If it were Luo Yin, it would have to be estimated at at least one million. As a businessman, it's not shabby to make some money.

Luo Yin tapped the table lightly.

"It's only one hundred thousand, it's not difficult...but how long do you think it will take for you to pay me back? Or, do you have any follow-up plans?"

Of course, Luo Yin could afford one hundred thousand United Coins.

"I promise you, you will definitely get your money back within a year! As for the follow-up plan, well... we are still discussing it. Of course, if you become our shareholder, we will also follow your opinions on future plans.

."

Speaking of this, Pu Lan blushed a little.

Luo Yin knew clearly in his mind that "still under discussion" meant that there was no plan. As for the issue of return on capital within one year, Luo Yin didn't believe it.

However, Luo Yin suddenly nodded and said:

"OK."

"ah?"

"To be honest, I don't know much about your textile industry, and I don't know what the future of your giant cotton textile factory will be, but I think you are worth making a friend. Let this investment be for you."

Luo Yin said with a smile.

Pu Lan couldn't believe it. This was the first time in his life that someone would invest for him!

"I, I..."

"Don't say anything if you're moved. I'm optimistic about you."

Pulan was obviously much older than Luo Yin, but he didn't feel any discomfort when faced with Luo Yin's promising words.

"Okay! I promise you won't regret this investment!"

Pulan said swornly.

In the afternoon, Luo Yin followed Pu Lan to the office of Jumian Textile Factory.

I met the other four shareholders, and after some exchanges, the two parties signed two documents.

In the name of Tulip Sugar Industry, Luo Yin invested 100,000 United Dollars and obtained 20% of the shares of Jumian Textile Factory, becoming the third largest shareholder.

The reason why it is in the name of a company is because individuals have to pay 20% personal income tax when investing in dividends, while companies do not pay tax. Of course, if you want to turn the company's money into your own, you still have to pay this tax, but Luo Yin

Just put the money in the company, and he can use it as he likes anyway.

After their shares were diluted, some of the shares were transferred to Pulan, which was obviously discussed.

The current situation is that Pulan is still the largest shareholder, accounting for 30% of the shares.

The second largest shareholder is a human named Hansen, who holds 21% of the shares.

Pulan had introduced Luo Yin before. Hansen was his good friend and the earliest investor. The two had a good relationship. Their combined shares amounted to exactly 51%, and they had absolute say in the company.

The remaining three shareholders hold 12%, 9% and 8% of the shares respectively.

"Welcome Mr. Luo Yin to join Jumian Textile Factory!"

Pu Lan applauded enthusiastically, while the others were less interested.

Then the shareholders held a small meeting. Luo Yin attended the meeting for the first time as a new shareholder, but he did not express any opinions. He listened to the whole process and acted very low-key.

At the meeting, Pulan expressed some illusory prospects, and Luo Yin applauded him.

After the meeting, Luo Yin declined Pu Lan's dinner invitation and drove home by himself.

In the car, Luo Yin smiled as he recalled the meeting just now.

Pulan's ambition is very high, but it is of no use.

The main problem of Giant Cotton Textile Factory today is that the production cost is too high, resulting in high selling prices and a disadvantage in market competition.

There are also ways to reduce costs, such as purchasing cheaper raw materials.

But this is obviously impossible, because the prices of raw materials such as flax and cotton have always been very strong. It is impossible to drop them at any time.

Luo Yin himself also thought of several ways. He felt that the simplest and crudest way was to burn money!

The difference between machine and manual production is obvious, that is, if you produce less things, manual production will be more cost-effective.

But if you produce a lot of things, up to a certain level, then the machine is definitely cost-effective.

Therefore, as long as you are willing to spend money, buy more steam spinning machines and raw materials, and let the machines work 24 hours a day, you can keep the cost to a very low level.

Luo Yin didn't know whether it could be lower than the market price. He hadn't calculated it yet, but it would definitely be no problem if it was the same as the market price.

And if the price can be lower than the market price, then given the efficiency of the machine, it is very likely to occupy the Qiongbicheng market. Once other textile factories are defeated and a monopoly is formed, the rest will be to make crazy money.

But the biggest difficulty with this plan is the source of the money. You have to have money to burn.

Of course, this money cannot come from Luo Yin. Although Tulip Sugar Industry brought him a profit of 300,000 yuan last month, this amount of money is definitely not enough.

Moreover, burning money is very risky, and he cannot guarantee that it will be 100% effective. He is just trying to make a little money, and there is no need to risk all his wealth on it.

Therefore, Luo Yin feels that he must continue to raise funds!
Chapter completed!
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