Lin Cheng left the farm early and quickly arrived at the building where the local Chamber of Commerce was located.
In the reception room of the Chamber of Commerce, Lin Cheng met Qin Li—the president of the Chamber of Commerce—and four other members.
“I’m Lin Cheng.” Lin Cheng shook the other person’s hand and introduced himself.
“Hello,” President Qin nodded, looking at Lin Cheng with a bit of doubt in his eyes. Lin Cheng… why did this name seem familiar? He seemed to have heard this name somewhere. He just couldn’t remember it for the meantime.
“Mr. Lin, please take a seat,” President Qin made a ‘please go ahead’ gesture to Lin Cheng.
After they all took their seats, President Qin took the lead and asked Lin Cheng, “I heard from your assistant that you wished to talk to our Chamber of Commerce today about what’s been happening with the farm in Dafeng Village?”
Lin Cheng nodded and said, “We bought the property from the previous owner of Happy Bowl Farm, and all the debts of the previous farm were also transferred at the time.”
After hearing this, President Qin sat quiet for a while and asked, “So, Mr. Lin, are you here today to repay the money?”
“No, due to the current operating conditions of the farm, it is temporarily impossible to repay the loan.” After a pause, Lin Cheng continued to say calmly, “I came today because I hope to get more money from the Chamber of Commerce. That is, 30 million yuan of financial support.”
“You…” President Qin was startled, and the corners of his eyes twitched at a frequency that was visible to the naked eye.
How could someone talk about being unable to repay money and then borrowing more money in the same breath? And so calmly and rationally? This was the first time he’s seen it.
Seeing Chairman Qin’s face darken right in front of him, Lin Cheng nevertheless continued, “Currently, the farm is in urgent need of capital investment to be able to resume operations. If this was not the case, I would not have come here. I bought the farm because I was hopeful that it can make money for me, and I believe that everyone in the Chamber of Commerce hopes the same. None of us want the farm to close down.”
After a pause, Lin Cheng added lightly, “As far as I know, the previous operator of the farm was a member of this Chamber of Commerce. He applied to the Chamber of Commerce under his personal name and credit guarantee, and was able to obtain the financial support.”
President Qin lowered his eyes and said nothing, but he was complaining crazily in his heart. Lin Cheng had obviously emphasized this just to tell them: if the farm collapses, they will never get back the 30 million they lent out. Why put it so tactfully?
“There is a risk that the 30 million yuan our Chamber of Commerce lent in the early stage will not be recovered at all. Why do you think that after you take over the farm, the business there will be revived? How can you guarantee that after we lend you another 30 million yuan, the loss of our Chamber of Commerce won’t increase from the current 30 million to 60 million?” President Qin, whose face has now gone quite dark, asked Lin Cheng.
Having said that, Chairman Qin said in a deep voice, “To be honest, I am not optimistic about this farm business, nor do I think that planting a few fields, digging a few fish ponds, and selling agricultural products under the banner of ‘green and healthy’ can make a big difference.”
Therefore, even if they had made such a mistake in lending to this unsuitable business before, he didn’t plan to make it again.
“Crop cultivation and poultry breeding are not our primary business goals,” Lin Cheng said.
“In the business plan I will be implementing, farm development, agriculture, breeding and farm management are just additional projects. Our primary goal is to develop tourism resources and stimulate local employment. To be specific, it is the operation of resorts and hotels, and the processing, production, and establishment of a stable sales chain for agricultural products and side products.”
After that, Lin Cheng signaled Xu Yi to hand the two documents they have prepared to everyone in the conference room.
“The first document is the local tourism resource assessment report of Dafeng Village, as well as the current orders and future operating conditions of the ‘Happy Bowl Farm’ Resort Hotel.
“The second document is the next step in the business plan regarding the farm’s production and processing,” Lin Cheng said.
President Qin quickly read through the two documents and looked at Lin Cheng again. “I believe your hotel and resort has business potential, but the sales of agricultural products and processed side products…”
President Qin frowned and asked, “You say you are planning to sell? What exactly?”
“How about eggs?” Lin Cheng asked.
“The profit from poultry eggs doesn’t seem to be that high, and it also faces many unpredictable risks,” one of the members of the chamber of commerce pointed out.
“What about processing liquid egg?”
“This…”
“The investment needed for a fully enclosed, fully automatic egg detection, screening, cleaning, egg separation, and packaging production line is 8 million yuan, and the price of the product will be higher than prevailing market rates for ordinary poultry eggs by about 300%.”
After a pause, Lin Cheng continued, “If egg-based ready-to-eat products are re-processed, the price will increase by at least 150%.
“The same goes for meat product processing and aquatic food production and processing. It makes sense to do it this way, and the profit is higher.
“If the funds can be guaranteed, the production lines involved in this business plan will be built and put into operation in the next 1 to 1 and a half years, and profits will be fully achieved within 3 years.”
After hearing this, there were visible changes in the expressions of the people from the Chamber of Commerce.
Serve as Contrast Team in a ‘Dad with Baby’ Show translated by Maela @ whitemoonlighttranslations.com
T/N: Before this, I didn’t know ‘liquid egg’ was a thing! I had no idea what Lin Cheng was talking about 😳
Apparently, eggs are screened, cleaned, cracked, filtered for shell debris, whites separated from yolks (or not), pasteurized (Lin Cheng forgot to mention this 😂), packed, and sold as ‘liquid egg’. It’s for use in making, say, donuts or cakes that require A LOT of whites only or yolks only so they don’t have to deal with the parts of the eggs that they don’t need. And, as Lin Cheng said, the whole process is automated.
As for the ‘egg-based, ready-to-eat products’ Lin Cheng mentioned—maybe they plan to sell donuts to the resort guests 😂




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