Traveling through the sword to engage in military industry

For a company struggling on the brink of bankruptcy, acquiring net assets is already a good outcome.

Yang Deming demanded an exorbitant price, and Ren Zhong countered with a low offer, but neither was being unreasonable.

“Using a third-party accounting firm for auditing is also a good method, but we need to agree on who will pay for the audit fees first. If we reach a deal in the end, I suggest we split it fifty-fifty; if we don't reach a deal, then Mr. Ren will cover the audit fees, how about that?” Although Yang Deming was eager to sell, he was still sensitive when it came to expenses.

The audit fee for a target of several million is not cheap, generally around 2.5% of the total target amount.

Usually, the larger the accounting firm, the more expensive the fees.

Ren Zhong nodded. He wasn't planning to save on this expense. After all, if the assets and liabilities of this shell company weren't clarified, buying it would mean buying a big trouble.

The two reached a preliminary agreement verbally. Ren Zhong quickly selected a well-known accounting firm in Jincheng, paid the deposit for the audit fees, and soon the firm sent a certified public accountant to lead a team into Yang Deming's Lisai Company to begin a comprehensive audit.

Although these matters didn't require much brainpower, they were laborious. Ren Zhong thought about it and realized he had to bring his brother over to keep an eye on things. Otherwise, this Lisai Company, even if he didn't expect to make money from it, would be emptied out by others in a matter of days without someone he trusted watching over it.

“Wenhui, what are you busy with?” Remembering the gathering a few days ago, Ren Zhong took out his phone and called Wang Wenhui.

The phone connected, and there was a lot of noise. It sounded like he was either on a bus or a subway.

“Old Ren, what's up? I'm on the subway, and the signal might not be very good,” Wang Wenhui asked. “I ran two deals today, running back and forth across half the city, but nothing came of it. Damn, this business is really hard to do.”

“Wenhui, I'll make it short. I've invested in a small battery factory here. If you're interested, come and help me manage it. The salary isn't high, 5,000 a month after taxes. As for performance bonuses, if you do well, you'll get them; if you don't, you won't. 20% of the profits will be extracted for management and employee performance bonuses. What do you think? Are you interested?” Ren Zhong directly stated the main points.

“What battery factory? Old Ren, aren't you and Tong Ge working on military toys? How did you get into batteries again?” Wang Wenhui didn't react for a moment and asked.

“You don't need to worry about those details. Just tell me if you're coming or not. The factory isn't big, just a few dozen people. It's currently losing money, with annual sales of several million for electric vehicle batteries,” Ren Zhong interrupted Wang Wenhui's curiosity.

“I'm coming, I definitely have to come. From what you're saying, I'll at least get a 'General' title, right? Vice President of Sales or Sales Director?” Wang Wenhui realized that Ren Zhong wasn't joking and quickly expressed his determination.

5,000 after taxes isn't high, but it's still better than being a pure salesperson like I am now. At least with a 'General' title, it'll sound much more impressive when I go out.

“Then it's settled. You quickly wrap up things at your previous company. We'll find a place to meet up tonight, and I'll explain everything to you,” Ren Zhong said decisively.

“What's there to wrap up with my dogshit sales job? Making a phone call to that idiot supervisor is already giving him face. Old Ren, Boss Ren, where are you? I'm coming to join you right away!” Wang Wenhui seemed to have been dissatisfied with his job for a long time. Now that he had an opportunity, he didn't care about his old boss at all.

However, his commission-based sales job was inherently highly mobile, and there really wasn't much to hand over.

Ren Zhong thought about it and figured he didn't have much to do right now, so he arranged a place and waited for Wang Wenhui to come.

“Alright, Old Ren, actually, relying on women is also a skill,” Wang Wenhui thought he had guessed some truth, but these were not important. “Tell me, what's the deal with this battery factory? What do I need to do?”

“It's like this, I think there's still an opportunity in the electric vehicle battery industry, so I'm trying out a battery factory. Currently, I'm in talks to acquire Lisai Company, which is a small battery manufacturer in Jincheng. The basic principles have already been agreed upon, acquiring it based on net assets. The accounting firm has been arranged on my side, and they'll enter the factory tomorrow to start the audit.”

“You will be the general manager of this company after I acquire it, representing me to be responsible for the company's daily operations. So, starting tomorrow, you can follow the people from the accounting firm to familiarize yourself with the company,” Ren Zhong explained Wang Wenhui's role in a few words.

“Damn, you're letting me be responsible for this company alone?” Even though he was somewhat mentally prepared, Wang Wenhui was still shocked when he heard that Ren Zhong was directly handing the company over to him to manage.

“Old Ren, I've only been a salesperson for half a year, I don't have any management experience at all. You're spending several million to buy this company, and you're just handing it over to me like that?”

Although Wang Wenhui's heart was racing when he heard the term 'General Manager', he knew his own limitations. He had only been exposed to simple societal beatings for half a year since graduating, and directly managing a company would be incredibly stressful.

Although Ren Zhong didn't say it, it was undoubtedly true that the higher the position, the greater the responsibility.

“It's nothing, it's just a small company. At the toy company, Tong Ge is also the general manager, and his salary is also 5,000 a month after taxes. You're all the same. Maybe in a few days, I'll have to establish or acquire a new company, and then I'll call Xiaofeng over to work as well. We're diversifying the risk. If one of them succeeds, we'll make that one bigger and stronger in the future! This is called not putting all your eggs in one basket,” Ren Zhong said indifferently.

He wasn't making money now by overworking in the main world. Earning money through sales depended on gaining a foothold in the world of "亮剑" (Bright Sword). Therefore, Ren Zhong was investing in the world of "亮剑", not the real world.

The most ⊥ new ⊥ small ⊥ say ⊥ is ⊥ at ⊥ six ⊥ 9 ⊥ ⊥ book ⊥ ⊥ bar ⊥ ⊥ first ⊥ hair!

And the important thing about these three general managers was that they could do things according to his ideas.

As for the other bottom line, it was not to mess around blindly, and simply maintain the current company's normal operation.

Therefore, their abilities were secondary. Giving them a platform, if they could really make a name for themselves, that would be their own good fortune.

Wang Wenhui was fine, but Ren Zhong still had to think about what to have Liang Xiaofeng do. These brothers were all easy to talk to, so it wouldn't be good to favor one over the others.

Anyway, he had so many things on his hands now that he was only worried about not being able to assess which matter needed to be done first.

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