"Director Yu, do you really think we're just looking to offload this half-built factory by finding a buyer?"
"Our district government isn't completely irresponsible."
"If we can't bring you profit, how could we possibly approach you and hope for cooperation?"
"Our true objective is for you to continue operating this factory. How can a factory that consistently loses money be run, especially a private enterprise?"
Yu Sheng's words were so sincere that Yu Zhou himself was momentarily taken aback.
He clearly hadn't expected Yu Sheng to say such things to him.
However, upon further thought, it wasn't entirely unacceptable.
After all, the district was currently in a precarious position. If this factory wasn't turned around, it could very well become a laughingstock for the entire Jiangbei City that year.
Under such circumstances, their urgency to find a buyer must have been far greater than his own, who was merely waiting for the right offer.
With this realization, Yu Zhou began to understand. If this was the case, he wouldn't mind discussing it.
After all, wasn't it just about investment? Not to mention he was already planning to enter this industry, even if he wasn't, his several million yuan shouldn't just sit in the bank.
Finding an investment project was precisely what he needed to do, let alone investing in an electronics factory like this.
"Oh? What methods does your district government have to make an electronics factory profitable?"
Yu Zhou, now interested, felt a surge of excitement. However, he couldn't let it show on his face.
In this era, private enterprises, though beginning to develop significantly, still relied heavily on the support of various levels of government.
Especially for medium-to-large projects, support from government entities was an absolute golden key.
Furthermore, Jiangbei City was not an extremely backward provincial capital.
It possessed its own foundations. With such conditions, if the district government's support could be obtained, making an electronics factory profitable wouldn't be too difficult.
"We can resolve a portion of the technical support, sales support, and the initial financial pressure."
"While we can't completely cover everything for the factory, we can at least address your initial operating issues and allow for slight profits."
"What do you say? Is this sincerity enough?"
Yu Sheng, fundamentally a rather assertive person, disliked beating around the bush.
Thus, he immediately began explaining the support their district government could provide.
Frankly, although Yu Zhou was initially attentive, he hadn't thought too deeply about it.
But after Yu Sheng explained all the support, his entire being began to stir.
His eyes widened, and he looked at the deputy district head in disbelief, feeling as if he were dreaming.
Yes, even though Yu Zhou had heard that the district government would offer him support, he hadn't anticipated the extent of it, so much so that it was beyond his imagination.
First, the financial aspect. The factory had been built to this point, with several production lines installed. Its value was easily seven to eight million yuan.
However, they were selling it at a discounted price of five million yuan. Although the land still belonged to the district government, the factory building itself, combined with the long-term lease and the production lines, already represented a significant gain.
Not only that, but they also allowed Yu Zhou to pay in installments over three years: two million in the first year, one million in the second, and one million in the third.
This directly solved Yu Zhou's immediate financial needs.
And then there was the sales support? The district government would directly place orders. All district government and its subordinate units, from small items like telephones to larger ones like computers and audio-visual equipment, would be responsible for replacement and maintenance by this factory.
With this single provision, the annual profit alone would be astronomical.
At this time, electronics products, whether audio-visual or telephones and computers, could be described as extremely profitable.
Under such circumstances, even Yu Zhou found it incredibly tempting.
And it didn't stop there. They had also contacted Wan Yan Group and secured a certain number of VCD orders. Just this one item represented a massive profit that made Yu Zhou's eyes water.
"How did you manage to secure the Wan Yan orders?"
Yu Zhou was now genuinely moved. No, it was more than just being moved.
He felt he absolutely had to acquire this factory because there was simply too much that could be achieved within it.
Setting aside the orders from the district government and its subordinate units, the technology that could be learned here was essential experience for developing a high-tech industry in the future.
Even if it didn't make money, as long as a team of their own technicians could be trained, they would have invaluable experience for future endeavors in mobile phones or other electronic products.
And that wasn't even considering the Wan Yan orders.
Compared to the district government's full support, the Wan Yan orders were the most pleasant surprise for him.
When he first started his business, who was the most prominent figure in Jiangbei? It wasn't Yu Zhou, nor was it the Song family, who had entered with massive capital and taken over Tailong Light Industry.
The most dazzling figure in the entire Jiangbei at that time was a magnate named Jiang Wanli.
It was this man who invented the world's first VCD, secured a staggering eighteen million US dollars in venture capital, and founded Wan Yan Group.
This single deal, in Jiangbei in 1993, was a nationwide sensation.
He was someone Yu Zhou genuinely envied. An investment of hundreds of millions of yuan, it was simply unimaginable.
Even now, despite Yu Zhou's rapid development and becoming the second so-called private entrepreneur in Jiangbei.
When truly compared to Jiang Wanli, he still felt a bit inadequate.
After all, his VCD business had been doing quite well this year. However, if Yu Zhou recalled correctly, Jiang Wanli was a tragic figure.
Due to a lack of copyright awareness, starting from this year, VCDs began to develop explosively. Wan Yan's market share began to plummet, and eventually, they couldn't even retain 3%.
Consequently, the so-called number one VCD brand eventually became a background player, and ultimately, a most failed investment.
However, this was the current development environment for enterprises in Longxia. Once something began to gain popularity, countless imitators would emerge. In an era where copyright awareness was virtually nonexistent, operation and marketing were indeed immense challenges.
Without overcoming them, it was destined for eventual demise, with no shortcuts available.