Siheyuan: I am Jia Dongxu's cousin
Chapter 162: The Dilemma of Changan Industry
Within one month of starting to manufacture quartz watches for Zhuang Jing'an, we began to gradually reduce our orders for mechanical watches from Switzerland.
Moreover, as the workers became more and more skilled in assembling quartz watches, Zhuang Jing'an was delighted to find that after he started to produce quartz watches on his own, the factory's profits increased instead of decreased.
After investigation, it was found that although the unit price of assembling a quartz watch is not as high as that of a mechanical watch, the assembly of a quartz watch has fewer steps than that of a mechanical watch. At the same time, the order volume of quartz watches is much larger than that of mechanical watches.
What made Zhuang Jing'an more convinced of his decision this time was a Swiss newspaper published a week ago.
It turns out that half a month ago, the quartz watches of the Zhonghua Group began to enter the European market.
With prices far lower than those of mechanical watches, the Starry Sky series quartz watches launched by Zhonghua Group in Europe and Central China quickly opened up the market.
In just one week, the shipment of mechanical watches in Switzerland dropped by half. And as quartz watches spread in Europe, the shipment of mechanical watches dropped sharply.
Just last week, Zhuang Jing'an received notices from several famous mechanical watch manufacturers in Switzerland and other countries, suspending their OEM business for mechanical watches.
At that time, Zhuang Jing'an was extremely fortunate that quartz watches were first launched in Hong Kong Island, and that he had made the right choice to manufacture mechanical watches.
Look at those old guys who used to rely on European orders like him, now they are worrying at home.
Thinking of this, Zhuang Jing'an unconsciously hummed a piece of opera tune.
"Wa ...
"Dad, what good thing happened to you?"
As soon as Zhuang Mingyue walked into the house, she heard Zhuang Jing'an's joyful opera voice.
When a person is happy, he is in high spirits. Zhuang Jing'an is in a good mood now. When he saw the woman coming back, he said with joy on his face: "Mingyue is back. Dad just asked Aunt Hua to make Jade Almond Cake. Come and try it!!"
Zhuang Mingyue obediently picked up a piece of jade almond cake from the table and put it into her mouth.
"It's delicious, and Aunt Hua's cooking is authentic!"
"If you like it, eat more." Zhuang Jing'an said, and continued to hum: "What was wrong with my treatment of you in Cao Ying? Every meal had four dishes and two steamed buns. You complained that the mung bean noodles with dumplings were not good, and your sister-in-law Cao was busy in the kitchen!"
"Dad, your singing skills are getting better and better. You even sang this passage of 'Guan Gong Leaving Cao' alive."
"You girl, you are so sweet-talker, have you encountered something?" Zhuang Jing'an asked with a smile.
"Oh, I knew I couldn't hide it from Dad!" Zhuang Mingyue came behind Zhuang Jing'an with a smile and rubbed his shoulders with her little hands.
"Dad is in a good mood today. Tell me what happened?"
In fact, Zhuang Jing'an knew clearly that her daughter must have done this for her husband, but she was in a good mood today, so as long as the money was not too much, she would lend it.
"Dad, Jiacheng is having some trouble with his business. Can you lend him some money? When he gets back on track, he will definitely pay you back as soon as possible."
"Ugh……"
Zhuang Jing'an seemed to be thinking of the scene in Zhang Weiguo's office half a month ago.
They are all sons-in-law, how can there be such a big difference between them!
"Tell me? How much do you need this time?"
Hearing Zhuang Jing'an's words, Zhuang Mingyue was immediately delighted and said happily: "Dad, you agree!"
"..." Zhuang Jing'an glanced at his silly daughter unhappily and replied unhappily: "Hurry up and tell me, or I'll regret it!"
"Ah..." Zhuang Mingyue reacted and said quickly, "Dad, 500 million, only 500 million Hong Kong dollars."
Zhuang Mingyue seemed to be afraid that her father would disagree with the amount, so she quickly added, "Dad, Jiacheng said that as long as he has this 500 million, his business will definitely come to Zhouzhuang."
"Dad, don't worry. As soon as Jiacheng's business turns around this week, I will definitely pay it back to you as soon as possible."
Seeing Zhuang Mingyue's expectant expression, Zhuang Jing'an sighed and said, "I'll ask you to come find me in person later!"
"Ah..., Dad... I..."
"If he doesn't come, do you want me to go find him?"
Originally, I thought my father would refuse, but when I heard this, Zhuang Mingyue's face suddenly showed joy. I came to Zhuang Jing'an, hugged his arm, shook it and said, "Thank you, Dad! You are so kind!"
"You!!"
……
……
The next day, Li Ka-shing came to Zhuang Jing'an's house in a suit and with a little nervousness.
Although he got the answer from his wife, everything was unknown until he got the money.
Li Ka-shing knew his uncle very well. Although he had promised Zhuang Mingyue yesterday, it would be difficult for him to get the money if he could not give her a satisfactory answer today.
But without this 500 million, his Cheung Kong Industries would probably be in trouble.
Before the Lou family came, Li Ka-shing made a lot of money from the plastic flower business, especially after 65, when Li Ka-shing gradually shifted to the real estate industry, but a large part of this money was transfused by plastic flowers.
Recently, his Cheung Kong Holdings spent a large amount of working capital in purchasing land. According to Li Ka-shing's original plan, as long as the balance of the last plastic flower payment arrived, he would not have to worry about his financial problems.
However, an Ami businessman who had previously cooperated well with him refused to pay the balance, claiming that the plastic flowers had quality issues and demanded that Li Ka-shing compensate for his losses.
In fact, Li Ka-shing was also very wronged. He was so sure that there was absolutely no problem with the quality of his plastic flowers. Why did yours fade while other orders did not?
But the Ami businessman insisted that the problem was with Li Ka-shing's plastic flowers, and even used the Lou family's plastic flowers as an example.
How come other people’s haven’t faded?
Now Ami’s businessmen have given Li Ka-shing a final notice, saying that if he does not pay compensation, they will sue him in the Hong Kong Island government.
Li Ka-shing also knew that there was definitely something wrong with his plastic flowers, but there was nothing he could do as it had faded.
Most of Li Ka-shing's liquid funds were invested in Cheung Kong Holdings, and he had only more than 100 million Hong Kong dollars at his disposal. How could he afford to pay the other party?
However, we have to pay compensation, otherwise we will definitely lose the lawsuit.
Helplessly, Li Ka-shing could only turn his attention to his uncle Zhuang Jing'an.
"Huh..." After taking a deep breath, Li Ka-shing stepped into the banker's door.
"Uncle!" Li Ka-shing called to Zhuang Jing'an who was watering the flowers.
"Jiacheng is here." Zhuang Jing'an put down the shower head in his hand.
"Come on, let's go to the study and talk."
Zhuang Jing'an patted Li Jiacheng's arm, and then said to Aunt Hua who was cleaning: "Aunt Hua, make a pot of tea and bring it to the study."
"Okay sir!"
In the study, Zhuang Jing'an looked at his nephew and son-in-law and sighed.
"..., Jiacheng, tell me, your Changjiang Plastic Factory and Changjiang Industries should be doing well, so how come you are short of money?"
"Uncle, I've been in trouble recently. There was a problem with a batch of orders from the plastics factory. Not only can I not get the balance back, but I have to pay a large sum of money to the other party."
"But don't worry, uncle. As long as we can get through this difficult time, we will be able to make back the money soon based on the current property market in Hong Kong."
Zhuang Jing'an stared at Li Ka-shing's face, as if trying to see something.
After a moment, Zhuang Jing'an said, "Jiacheng, as you know, my uncle has encountered some troubles recently. The orders for mechanical watches from Europe have all disappeared. I'm afraid that the 500 million..."
Zhuang Jing'an's words were a complete torture to Li Ka-shing. Although he decided to lend money to Li Ka-shing, he still wanted to let him know that he had not been doing well recently. Under such circumstances, I was taking a big risk in lending you the money.
Li Ka-shing learned the news from Zhuang Mingyue yesterday, and he also knew that Zhuang Jing'an was torturing him at this time to make him remember his kindness.
So he said, "Uncle, I know you are in a difficult situation right now, don't worry, I will return the money to you soon."
"Alas... Jiacheng, I can lend you the money, but you have to be careful. The business world is like a battlefield. I can help you with this difficulty, but next time, and the next time, you still have to be more cautious!"
"Yes, I understand uncle."
"Okay, be nicer to Mingyue in the future." Zhuang Jing'an handed Li Ka-shing a HSBC check for 500 million Hong Kong dollars.
"Thank you, uncle!" Li Ka-shing breathed a sigh of relief after receiving the check. The difficulties faced by Cheung Kong Holdings were now over.
In fact, even without the 500 million Hong Kong dollars from Zhuang Jing'an, Li Ka-shing could have overcome this predicament, but the price he paid would probably have been far more than the 500 million.
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