Chapter 794: Upgrade and Reform
Vice Chairman Guan's voice clearly reached the ears of every management member in the conference room.
If the news conveyed by Manager Ding earlier had shocked everyone, then the message from Vice Chairman Guan was enough to cause a sensation.
"The group has decided that Hongfan Electronics Technology Co., Ltd. will temporarily suspend all current projects..."
"The factory will, in principle, no longer accept any orders for electronic components."
"All production lines in the factory will be halted for replacement and upgrading. The group is investing heavily to introduce new production lines... and to build a professional R&D team."
"Starting next year, Hongfan Electronics' main production capacity will transition towards lithium battery production."
"Currently, the group is negotiating with domestic and international first-tier mobile phone manufacturers to secure the first order for the factory."
"Beginning next year, all employees, including management, must pass an assessment to continue working, and a competitive position system will be implemented within the factory."
"As long as you have the ability, you can be promoted. At the same time, the factory will implement a last-place elimination system."
"Assessments will be conducted quarterly, including for management. The group company has the right to dismiss personnel who rank at the bottom in each assessment."
"In addition to replacing all production line equipment, the group company will also inject 200 million yuan into Hongfan Electronics to be used as R&D funds..."
The conference room fell silent.
Everyone was stunned.
No one cared about those who had just been dismissed anymore.
At this moment, everyone's minds were filled with the information they had just heard.
The factory was going to be reformed, fully upgraded, production lines replaced, no longer producing outdated products, but starting to research and explore lithium battery production...
200 million yuan in R&D funding, competitive positions for everyone...
Goodness.
This was a truly big move.
Previously, everyone thought the group company didn't care about this electronics factory, and was even preparing to abandon it.
But now looking at it, this wasn't neglect at all.
This was investing heavily in an upgrade.
It seemed Chen Fan hadn't been interested in the previous small-scale operations, and when he made his move, it was a super big play.
You can't make an omelet without breaking eggs.
This was true leadership.
However, Vice Chairman Guan hadn't finished delivering the news.
"After research and deliberation by the group company, starting from February next year, all employees of Hongfan Electronics will have their salaries and benefits incorporated into the group's regulations, to be issued entirely according to group standards."
"According to this requirement, starting next year, the basic salary of an ordinary worker will increase by more than double."
"In addition, there will be various welfare benefits..."
A wave of exclamations arose in the conference room.
Everyone was shocked again.
Basic wages directly increased by 2 times, that would mean...
Many people's expressions became somewhat strange after their initial excitement.
It was known that Factory Director Gao and his group, who had just been kicked out of the conference room and fired, had protested and made demands, but even they hadn't dared to ask for wages to be doubled.
Now with one announcement from the group, everyone's benefits would increase more than what they had protested for.
This... what a waste of effort.
Who knows what expression Factory Director Gao and the others would have when they heard this news later.
They would probably regret it so much they'd spit blood.
Many people looked again at the young man sitting opposite them, their expressions now showing more respect and awe.
Although Chen Fan was young, his management tactics were truly sophisticated.
This policy of using both stick and carrot not only directly removed all the parasites from the factory but also stabilized morale and even energized all employees, giving everyone hope for the future.
After resolving the matters at Hongfan Electronics, Chen Fan, Ding Dian, and the third person left together.
Since Ding Dian hadn't driven there, she rode in Chen Fan's car back.
On the way, Ding Dian curiously asked.
"Did you know beforehand that these people would cause trouble?"
Chen Fan smiled while driving: "I'm not a god, how could I possibly know?"
Ding Dian didn't quite believe it: "Then I can only say... these people were too cooperative. They directly put their necks under your knife, establishing your authority in the factory in one move."
Chen Fan smiled without continuing that topic, instead asking: "How about those people you were tasked to headhunt?"
"They've agreed to join Hongfan Electronics. It's just that the resignation procedures will take some time."
Chen Fan smiled faintly: "No rush. Tell them it's fine as long as they report for duty before March next year."
Ding Dian was somewhat puzzled: "You're investing heavily in new production lines, headhunting talent, and investing so much money in R&D... are you planning to bet on the physical technology industry?"
Chen Fan shook his head with a smile.
"It's just an ordinary bet. Betting on several industries, if any industry makes money in the future, at least we won't have to worry about retirement."
Ding Dian squinted her eyes at Chen Fan.
"You're not telling the truth."
"What do you mean?"
"I just feel like you're hiding something from me."
"But now the group company's industries already span the internet, media and entertainment, real estate, and electronic technology..."
"People say a company's development should avoid crossing industries, but your business not only crosses industries but crosses so far. Aren't you worried about problems in the future?"
Chen Fan smiled: "At least I can still control it for now."
"As for the future, who can say for sure?"
"If what you say happens and problems arise in the future, worst case we'll sell off some industries and focus on one industry."
Ding Dian lowered her head and said softly: "As long as you know what you're doing."
Chen Fan joked: "There's nothing major left before the end of the year, the New Year holiday is coming soon. How about it? Where are you planning to go for the New Year?"
Talking about this, Ding Dian leaned back comfortably in the back seat.
"I haven't thought about it yet. You capitalist have exploited me for a year, I need to think carefully about how to use this precious holiday."
Chen Fan laughed, "What's there to think about? Let me give you a suggestion, go travel."
"Isn't it popular now to travel south for the New Year? You could take your parents to the south or Southeast Asia..."
Ding Dian smiled.
"That suggestion seems not bad, I can consider it."
"What about you, what are your plans?"
Chen Fan shook his head: "I'll pass. Too busy."
"But I'm also planning to take my parents traveling this time, just don't know if they'll agree."
Ding Dian pursed her lips: "What's there not to agree about?"
Chen Fan explained: "You don't understand my parents, they're very traditional people, they've been frugal all their lives, not willing to spend money freely."
Ding Dian smiled: "That was before. Now they have such a wealthy son, if you propose to take them out to travel, I don't believe Uncle and Auntie will refuse."
Chen Fan thought about it and it seemed to make sense.
"You have a point, I'll ask them when I get back."
After returning, Chen Fan first told Su Ruochu about the idea, and unexpectedly, Su Ruochu immediately agreed.
Chen Fan let Su Ruochu decide the travel destination.
Su Ruochu thought for a long time and shook her head: "I haven't thought of anywhere either, do you have any good suggestions?"
"For New Year, of course we should go somewhere warm, generally speaking that means going south, Hainan, Southeast Asian countries, or we could visit some European countries..."
"Isn't Europe too far?"
Su Ruochu frowned and thought for a long time before finally saying: "Let's go back and let our parents decide, see where they most want to go."
Chen Fan smiled and suggested: "Tomorrow when we go back you can tell your parents, then both families can go together, I'll have someone book the plane tickets in advance."
"We're going home tomorrow?"
"Yes. Everything at the company has been arranged, we'll go home tomorrow for the New Year."
Chen Fan let out a sigh.
There were less than 5 days left until the New Year.
In the blink of an eye, it had been 5 years since he was reborn into this world.
Time really flies.

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