Becoming a Russian Oligarch After Rebirth
Chapter 636 - Build a New Factory_1

Chapter 636: Chapter 636 - Build a New Factory_1

Thoughts racing, Wang Ye found himself overwhelmed.

But one thing remained unclear to him - what was the endgame for the mastermind behind all this?

All the benefits were his to enjoy, and Khodorkovsky hadn’t really lost anything.

After all, he was Khodorkovsky’s "nephew" and even after a group reorganization, their combined shares would keep steady control over the Yukos Group.

Unable to make sense of it, Wang Ye stopped worrying.

So far, he was the biggest winner!

Overnight, he had become the largest shareholder of Yukos Group. As long as the export rights were not grabbed away, he could easily make several billion US dollars from dividends alone each year.

This was a true cash cow!

The fact that Khodorkovsky had entered politics was concerning for Wang Ye, to say the least.

However, given the circumstances, he was in no position to oppose it. So, he resolved to watch how things unfold.

After all, the elections were not happening right away. He still had some time.

...

For the next few days, an eerie calmness prevailed, like the calm before a storm. There was no movement.

Wang Ye was waiting patiently.

On Khodorkovsky’s side, things were moving swiftly. Rumors had it that he had already reached out to a few international financial giants amidst negotiations concerning stock rights transfer.

The objective was to finalize things as quickly as possible to avoid any unexpected exploits from the opposition.

Back home, the New Year had arrived.

The county town where Wang Ye’s family resided was bathed in festive lights, with the sound of firecrackers echoing all over. The New Year here was far more traditional than it would be twenty years later.

It was currently around five in the afternoon local time. Wang Ye’s father was about to return home from the factory.

The Flour Improver Factory was located in the south of the county town. Though the factory itself was not large, it had a considerable number of workers.

Especially in recent times, with thriving business, Wang Ye’s father had hired even more workers. The production line was working around the clock in three shifts and the workforce in the factory exceeded a thousand. Unquestionably, it was the largest factory in the small county town.

Humming a Huangmei Opera tune and holding a genuine leather briefcase, Wang Ye’s father walked briskly down the stairs.

He took out his car keys, then a new shiny black Audi A6 parked in front of the office building blinked its headlights twice and beeped.

This was clearly his father’s new ride!

After all, as "Manager Wang" now and with the factory making quite a lot of money, he couldn’t possibly continue driving his old Xiali, could he?

Not to mention, even if he wanted, he wouldn’t be able to drive the dilapidated Xiali because it was a company car.

Some of the factory workers and leaders greeted Wang Ye’s father as they saw him.

"Manager Wang, are you heading home?"

"Manager Wang, Happy New Year, I am giving you my New Year greetings in advance."

"Wow, Manager Wang’s new car looks great! Not even our county magistrate has a car this good, a big Audi! This is undoubtedly the best car in the county."

"May you prosper in the New Year, Manager Wang, please give us a red envelope... "

Overall, everyone looked genuinely happy.

Because the factory had just distributed the year-end bonuses, and everyone received one!

Even ordinary workers got at least a thousand, and up to three thousand as a year-end bonus.

The factory leaders and sales department elites received even more generous bonuses.

Out of over a thousand employees of the factory, the highest year-end bonus didn’t go to Wang Ye’s father, the boss, or to any of the deputy factory directors or workshop directors, but to a young man who was under thirty from the sales department.

He was given an impressive bonus of two hundred thousand CNY!

This was the highest sales bonus in the factory for the year. He alone accounted for nearly twenty percent of the total factory sales revenue!

Those from the sales department had made a fortune this year. Even the one with the least sales got a thirty thousand year-end bonus.

Lazing around and just getting paid?

That did not exist here!

This was a private company, and they didn’t keep idle hands. The original old staff members had been transferred out long ago.

Stopping briefly to chat with everyone, Wang Ye’s father was ready to drive home.

After being busy for a year, rarely being at home, his wife wasn’t pleased.

Now being at the end of the year, he had organized everything and planned to take a good rest for a few days, accompany his wife to visit relatives and so on.

The only regret was that his son Wang Ye would not be home for the New Year.

Otherwise, Wang Ye’s father was planning to take some more time off...

...

Just as he was about to drive off, his phone rang.

Looking at the caller ID, a smile spread across Wang Ye’s father’s face, and he hurriedly answered the phone.

"Hello, son! How come you, the busy man, found the time to call?"

It was a call from Wang Ye.

"Dad, mom mentioned you were planning to expand the factory and buy a new plot to build a new workshop?" Wang Ye asked.

"Yes, our products are so popular that the demand exceeds the supply! And our current factory is too old and too small with limited capacity for expansion. So, I am planning to buy a piece of land in the West Door and build a new factory there. Once the new factory is up and running, it can accommodate three thousand workers. Adding the existing workers in the old factory, our products can then dominate the national market..."

When talking about the Flour Improver Factory, Wang Ye’s father was quite proud.

Indeed, the product was very popular. It was a blue ocean market with almost no competitors.

For at least the next decade or so, it looked set to stay in its golden phase. Building a new factory, rapidly expanding production capacity, and taking up as much market share as possible was exactly what Wang Ye’s father should be doing.

Naturally, Wang Ye did not object to this.

He called because there was something else he wanted to discuss, about the funding for the new factory.

"Mom mentioned you were looking to get a bank loan for the new factory construction. Is there a significant gap in funding?"

Wang Ye’s father chuckled, "Actually, we have quite a lot of cash in the factory, if we tighten our belts, we can pull out several million.

But that’s still not enough. The new factory is expected to require an investment of nearly thirty million!

The main reason is the high cost of the production line and the construction standards for the workshop. If we’re going to do it, we should build a top-tier new factory with new machines!

The land is basically free, considered as a special industrial land granted by the county.

Moreover, the county government has stated that as a star enterprise of the county, which has solved so many job issues, the county will certainly give strong support in terms of loans if we continue to invest and expand production."

Wang Ye nodded, this was very normal.

Possibly, the county government was not even aware of his "status". They might be providing their support solely due to his father’s Flour Improver Factory.

Even without his connections, a factory that could provide three to four thousand jobs for the county would be considered as the county’s "hope"!

Helping secure a loan was no big deal. After all, given the current operation status of the Flour Improver Factory, repaying the loan would be quite easy.

It’s the kind of customer banks love!

Even if you didn’t need money, they still wanted to provide you with a loan.