Becoming Rich with Daily Scavenging APP-Chapter 521: Profit of 500,000 Yuan

"That’s quite an idea you have." After hearing Chen Yiyang’s plan to build an ancient city with a cultural theme, the Historian was shocked for a while before responding, "But such an ancient city is hard to make money from."

Chen Yiyang didn’t tell the Historian that the main reason for building this ancient city was to create an estate for himself.

So he said, "No worries, I’m just asking if it’s feasible. I’m not considering the profits, as long as it doesn’t lose too much."

"Alright, I’ll help you make some contacts." The Historian internally supported the idea of constructing a cultural-themed ancient city.

After all, building an ancient city entails inviting many experts and scholars to serve as consultants.

The Historian could casually recommend a few people to Chen Yiyang, gaining considerable personal goodwill.

Moreover, Chen Yiyang would have to invite him to take charge as a consultant too, so the consultation fee couldn’t be low.

"Now I understand how you make so much money. Your efficiency is truly impressive." Zhao Feipeng said, watching as Chen Yiyang finished his call, "If I had your boldness, Fei Peng Automobile might have already taken off."

"But isn’t Fei Peng Automobile doing pretty well now?"

"We’re lacking funds," Zhao Feipeng responded, "The government is now intervening in the chaos of the new energy vehicle industry. I’m not afraid of anything else, just worried about this payments cycle.

If anything happens that disrupts Fei Peng Automobile’s cash flow, the entire company could collapse in an instant."

"I can’t promise you much," Chen Yiyang understood Zhao Feipeng’s point and said, "If that day comes, Yiyang Automobile is willing to guarantee a portion of Fei Peng Automobile’s payment."

"Alright, I was just waiting for you to say that." Zhao Feipeng quickly expressed gratitude to Chen Yiyang.

"By the way, those owners running private hospitals, I told them not to cause trouble for your business, but from their expressions, they seem a bit unconvinced."

"I understand." Chen Yiyang wasn’t blaming Zhao Feipeng for this matter. He had personally gotten involved with those people.

In ancient times, these people would be equivalent to local landlords. They have stable income, don’t need to please anyone, and have good relations with local authorities.

So they dare to confront anyone, daring to cause trouble fearlessly.

Two days after sending off Zhao Feipeng.

Yang Chengru came to find Chen Yiyang.

"I heard you’re planning to invest in converting an ancient city into a cultural-themed holiday resort?"

"How did you get your information so fast?" Chen Yiyang asked.

"What are you talking about, I’m stationed in Lin’an."

"Alright then, stay out of this, don’t get involved."

"When you say that, wait, I get it now." Yang Chengru is absolutely smart.

From what Chen Yiyang said, he immediately guessed that Chen Yiyang was planning to use this resort to do something gray.

Most likely it’s about building a residential area larger than regulations allow.

The closer the relationship, the less you should be involved.

"Whatever, do what you want as long as it’s legal." Yang Chengru said, "This time I’m here for another matter."

"Go ahead."

"There’s a state-run ice cream factory; are you interested in investing?"

"What brand is it?" Chen Yiyang pulled out his phone. 𝓯𝙧𝓮𝓮𝒘𝓮𝙗𝙣𝒐𝒗𝒆𝓵.𝓬𝓸𝒎

"It’s called Yiming Food Factory. They mainly make ice cream and popsicles. Two of their products, the saline popsicle and green bean popsicle, are quite famous, embodying childhood nostalgia for many locals."

After listening to Yang Chengru, Chen Yiyang took out his phone to check the factory.

It’s a regional ice cream and popsicle factory. However, their ice cream hasn’t been made for a long time.

And last year, two kinds of popsicles announced price increases.

Saline popsicle went from 70 cents to 1 yuan, green bean popsicle from 1 yuan to 1.50 yuan.

Chen Yiyang was shocked after seeing this.

There are popsicles this cheap nowadays?

He thought the average price of popsicles had gone up to over two or three yuan.

It’s also because of the low price that this factory’s popsicles still have very high sales.

"With sales this good, how could the factory go bankrupt?" Chen Yiyang was curious why Yang Chengru wanted him to take over the ice cream factory.

"You haven’t looked at the price," Yang Chengru said, "This factory’s popsicles haven’t increased in price for over ten years.

But over the last decade, you know how much labor, raw materials, and packaging costs have increased in the country.

This factory’s revenue this year for the first three quarters was 100 million, but the net profit was only 590,000 yuan, roughly 0.5 percent."

Uh.

Chen Yiyang instantly understood why Yang Chengru came to him for help.

It’s a state-run factory, meaning the manager relies on a salary.

The only reason it’s survived until now is because the sales are indeed good, enough to pay everyone their wages.

But close to a year, after deducting wages, the net profit is only a few hundred thousand yuan.

That means besides paying wages, the factory can’t do anything else.

Can’t update equipment, improve methods, or research new flavors.

If sales dip at all, they won’t be able to pay wages.

Under such circumstances, without external investment, the factory can only await a slow death.

But what capitalist would invest in such a factory.

Spending several million to update equipment and earn a million a year?

"Actually, there are people interested in this factory, but they all hope to take it on and go high-end, selling expensive popsicles and ice cream.

This is an old state-owned factory, the upper management can’t bear to let it tarnish its brand reputation, so I’m here to see if you have any solutions."

"Here’s the plan." Chen Yiyang said, "I’ll call in some professionals tomorrow to analyze the current popsicle market, then I’ll get back to you."

"Okay." Seeing Chen Yiyang’s willingness, Yang Chengru left for now.

The next day, Chen Yiyang woke up in his villa.

He hadn’t fully awakened yet when a call from Zhao Feipeng came.

"Hey, my bro, from now on you’re my brother, I’m sticking with you."

"What’s going on?" Chen Yiyang didn’t grasp what Zhao Feipeng meant.

"Your insider information is just incredible. If there are any updates from above regarding the automobile industry, just give me a hint, Fei Peng could even offer you some shares."

"Wait, what did you just say?" Chen Yiyang was confused.

"I get it, I get it, we can’t talk openly about this." Zhao Feipeng continued, "How about I head to Lin’an in a few days, we discuss your reinvestment in Fei Peng Automobile."

Chen Yiyang was left baffled by Zhao Feipeng.

However, just as the call with Zhao Feipeng ended, Lu Cheng from the medical equipment factory called.

"Mr. Chen, the office in our factory is currently swamped with pharmaceutical representatives from various places. The hospitals that canceled orders previously are now hoping to continue with the orders. How should we respond to them?"