On the day he signed the reorganization agreement, Dongjiang Precision, which Shen Zheng took over, was left with only 38,000 in cash, 850,000 in back wages, and an old machine tool that was judged to be scrapped by all experts.
The people from Hengyue Industrial pushed the acquisition contract in front of him: "The factory belongs to us, the workers will be laid off, and you can still get 100,000 and leave."
However, Shen Zheng saw a chain of defects on that useless machine tool that only he could see.
Seventy-two hours later, the scrapped machine tool was re-produced, and the accuracy surpassed that of the new equipment; a month later, the spindle that had been cut off was made into its own product; a year later, factories around the world queued up with cash, just asking Dongjiang Seiko to give them the production capacity.
Some people want to exchange their righteousness for their patents, and some people want to use channels to lower their prices.
Shen Zheng just put the contract on the table:
"Let's talk clearly first about who pays what and who gets what."
This time, technology, orders, patents and rules are all settled based on true ability.
