Chapter 453: Steel as the main material

Chen Dong followed a beautiful-looking woman, walking slowly on a stone path, occasionally glancing around.

The people living nearby were all wealthy and powerful people from Yuzhou, and it would be quite difficult to get a house here.

In the courtyard, a man was naked, his powerful explosive force and wild nature shown by his toned body.

A sandbag was suspended, and the man, with a cloth band around his hand, kept swinging his fist at the sandbag, the sound of thudding deafening.

Chen Dong swallowed carefully and walked past in silence.

Fang Qiang glanced at Chen Dong and showed no reaction.

After arriving here, Han Songlin had organised some exercise equipment, and usually, Han Songlin and Fang Qiang would even practise a bit.

'Director Chen is here!' Zhu Xiangping wore a knee-length dress that showed off her entire figure.

Chen Dong paused slightly at Zhu Xiangping's body before quickly moving away.

This secretary Zhu belonged to the boss Han Songlin's inner circle of people, and it was very rude to stare at her.

Moreover, Chen Dong was past the age where he would lose his way when he saw a beautiful woman.

In his eyes, a beautiful woman was no different from a red powdered skeleton.

'Secretary Zhu, is the boss free right now?'

Zhu Xiangping laughed lightly, 'The boss has been waiting for you, please follow me.'

Saying this, Zhu Xiangping indicated for Chen Dong to follow her upstairs.

Han Songlin appeared very enthusiastic when he saw Chen Dong.

'Chen, sit down!'

Chen Dong sat on the leather sofa, feeling really uneasy about coming here today.

After the Xinghai Group officially acquired the company, they didn't do anything else, and even stopped production directly.

Then they began to rectify the entire steel plant, first making up for the wages owed before; then they announced a buyout of seniority, where each year of seniority could get one month's salary, in addition to some compensation from the factory.

The compensation was divided according to length of service: 5,000 yuan for one to five years, 10,000 yuan for five to ten years, and 20,000 yuan for more than ten years.

The buyout did not give employees much time to consider. From the announcement of the policy to its conclusion, there were only three days.

Many people had not even had time to think about it when it was over.

After the buyout, Xinghai Special Steel quickly carried out the settlement, and these people were no longer considered employees.

They were required to move out of the factory within the next week.

So, in the following week, you could see people leaving every day.

The whole process of buying out seniority was completely voluntary. Of course, the factory also issued a notice that if you did not buy out your seniority, your job might be adjusted in the future.

You would be transferred to work in another factory.

More than 1,000 people implemented the buyout of seniority.

It was not considered many, nor few.

After this was over, the factory began to talk to everyone.

The purpose of the talks was not to talk, but to weed out those who were not suitable for Xinghai Special Steel.

Technical personnel were classified and filed separately, and then these people were graded.

Everyone knew the importance of the technical grading, which would affect future salary income.

Of course, this grading could only be considered preliminary, and adjustments would be made afterwards.

If the strength was not up to standard, then naturally there would be demotions.

Those who perform well will naturally be promoted.

Xinghai Special Steel does not have any mercy on those who cheat in the factory, and they are directly dismissed.

What is the point of keeping these people?

To breed more children?

The presence of these kinds of people in a factory is unfair to others.

'Has production resumed in the factory?' Han Songlin sipped his tea gently, his gaze resting on Chen Dong's head. In just one month, Chen Dong's once-black hair had turned considerably greyer.

This period of time had been particularly difficult for Chen Dong.

He had to cooperate with the group's heavy-handed approach while also trying to reassure the factory workers.

Chen Dong: 'Production has been resumed on one furnace, and steel will be produced tonight. Production will be resumed across the whole factory in the coming week.'

Resuming production is not a difficult task.

Many people have left the factory, but even more have stayed.

The production system has not been disrupted.

Even if people have left, Chen Dong has quickly found replacements.

After a long pause, Chen Dong says, 'Boss, the more we produce, the more we lose...'

The more we produce, the more we lose!

It's embarrassing, isn't it?

But if we don't produce, the losses will be even greater.

This is the way it is in the steel industry. Even if there are losses, no one dares to stop production.

Han Songlin said nonchalantly, 'Losses are not a big problem. The group can afford the losses of the factory.'

The resumption of production at Xinghai Special Steel was also inevitable.

Because some of the steel products of Fuxing Industrial are bought from the Special Steel Plant.

What's happening now is that the entire steel market is in the doldrums, and the price of steel is not high.

So it's normal to incur losses.

Especially now, because the production equipment is aging and outdated, the production cost is high.

If you want to change this situation, there is naturally only one way to go: reduce, reduce, and reduce production costs.

The price of ore, electricity, and coal cannot be affected, so the problem can only be solved by starting with production technology.

'The most important thing now is to demolish some old factory buildings, build new ones and introduce new production equipment. A lot of the steelmaking equipment in our factory is no longer working.'

Everyone in the factory is aware of the problem of outdated steelmaking equipment.

When the factory was making money before, the production equipment was never updated; to update the equipment, a huge investment is required.

Billions and billions of investment is a very common thing.

'In addition, we definitely cannot smelt ordinary steel in the future. We have to smelt fine steel, and only fine steel can make Xinghai Special Steel turn losses into profits. Ordinary steel and iron simply do not make any money, and in the future, all other domestic steel mills will be producing these.'

'They will be producing these, but we will not. We will compete differently. We have to produce fine steel with higher technical content and high added value.'

'In the next three years, we will implement technological transformation in production and modernise the enterprise in terms of management. The burden on you will be very heavy!'

Han Songlin was very satisfied with Chen Dong's performance over the past month or so.

Chen Dong's management style could be described as decisive.

With no better candidate, Han Songlin had no choice but to choose Chen Dong. Han Songlin also believed that Chen Dong could manage Xinghai Special Steel well.

Chen Dong pinched the corner of his shirt, knowing that his hard work over this period of time had paid off.

'We must pay attention to materials research and development, which is our core. The future development of Xinghai Special Steel depends on them.'

Chen Dong naturally understood the importance that Han Songlin attached to materials research and development, and nodded in agreement with great care.