Although they are already ready to adopt Zhang Xiaofan's products.

But Zhang Xiaofan doesn't have much excitement in it, after all, it will take a lot of time to wait for the mass production of this concept car.

Maybe two years, maybe five years, maybe ten years.

Zhang Xiaofan can't wait.

So this time is not much good news, but for the future of Zhimei New Materials, this should be a starting point.

However, there are still many difficulties to overcome in the current bright car topcoat.

It's just that how long does it take? Zhang Xiaofan didn't have a few in his heart.

Zhang Xiaofan wanted to develop this paint as soon as possible, but he didn't have the formula of this paint in his mind, so he could only do it step by step.

As long as we know where the difficulty is, we will continue to improve it in response to this difficulty, and we are also urging raw material manufacturers to upgrade their quality.

It may take a little time, but it's still a solution.

Before I knew it, '08 was coming to an end.

Zhang Xiaofan had a year-end summary in front of him.

Suddenly, I realized that I had done a lot of things in 08.

Several branches, plus the annual net income of the headquarters, will be more than 700 million.

But the cost is also quite large.

In the second half of the year, several raw material manufacturers were acquired.

The cost is not small.

An additive manufacturer, this one happens to be in Yuezhou, so let it merge with Tongrui materials.

This additive manufacturer was directly handed over to Xia Chutong for management.

When it comes to Tongrui new materials, it has to be mentioned that the profit margin growth has been very small since 08, and there is a faint downward trend.

There is no way to do anything about the super-profitable A101.

I don't know which company cracked it, so the profit margin plummeted.

This kind of thing is inevitable, and this is not a core technology.

However, fortunately, Tongrui materials still have a little advantage, at least the quality of the product is much better than that of other manufacturers.

Then the cost is much lower than other raw materials of the same type, relatively speaking, the profit is higher than that of other manufacturers, but compared with the past, the profit is much lower.

No matter how well you do your secrecy work, you still can't resist the temptation of money.

So far, it's still unclear whether it was because of the recipe leak or because of which company cracked it.

Whatever the reason, the result is that Tongrui New Materials' profit margins have been decreasing.

It's not that the management of Hitomi at the beginning of the summer is bad.

In fact, Zhang Xiaofan also praised her for this.

Tongrui New Materials, it can be said that Zhang Xiaofan's original purpose was not to make money, but to keep the formula secret.

But Xia Chutong's performance was far beyond Zhang Xiaofan's expectations.

In the past, when A101 sales were booming, the monthly profit was nearly 15 million.

This is a very, very crazy and very, very huge profit for an additive manufacturer.

However, since the appearance of the same type of product on the market, the sales of the A101 have slowly declined.

Xia Chutong decisively adjusted the price and slowly grabbed the market back, but the price of the same type of products was also reduced, so Xia Chutong had to reduce the price again.

After a product experiences huge profits, it is inevitable that the price will fall, so Zhang Xiaofan is not entangled.

However, the overall profit of A101 is declining, but the total profit of other products is slowly increasing, which shows that the sales of other products of Tongrui New Materials are increasing.

At the beginning of the summer, Hitomi can make the entire same type of material make a profit of nearly 15 million per month, which is already a very remarkable achievement.

This year's Paint Annual Meeting.

Tongrui new material additives, sales ranked top three.

That's telling.

An additive company that has been established for less than two years has actually ranked among the top three in the country in terms of sales.

This achievement is what really makes Zhang Xiaofan look sideways.

Therefore, this year, the revenue of Zhimei New Materials and Tongrui New Materials is nearly 900 million.

But there is no ambiguity about the amount of investment.

That additive manufacturer acquired nearly 50 million yuan, and injected 10 million yuan into it.

A polyester manufacturer.

That's the big one.

Basically, the profits of the whole year are invested in this.

It was spent at the time of acquisition, nearly 500 million.

Originally, according to Zhang Xiaofan's meaning, it was enough to acquire 51% of the shares.

But Chen Yingxiang is the general manager of the polyester manufacturer, not their boss.

After communicating with the general manager of this company, Chen Ying felt that the wholly-owned acquisition was the most reasonable.

In the case of a wholly-owned acquisition, the price will definitely be higher.

The company has a registered capital of less than 30 million, but it has been in development for almost a decade.

It is still very famous in this area of Yuezhou.

There are not a few customers, so the hidden assets are very high.

With an acquisition fund of nearly 500 million, Zhimei New Materials can naturally get it, but there is still a feeling of heartache.

After the acquisition is completed, it will not end there, and it will be necessary to invest money in it.

Because Zhang Xiaofan's acquisition of polyester manufacturers is for the purpose of developing the raw materials he needs.

So it is necessary to continue to invest money in it.

This throw, another 200 million.

Recruit R&D personnel and expand production capacity.

Zhang Xiaofan even estimated that by the beginning of next year, maybe in April and May, funds will be tight again.

However, fortunately, there are Zhimei new materials, which can maintain the current research and development posture.

It is not so easy to develop a new product, invest 200 million, of course, more than one new product.

The products of Zhimei New Materials are diversified and very rich.

Therefore, the requirements for raw material polyester are also very diverse.

Zhang Xiaofan never thought that by acquiring a polyester manufacturer, he would have no worries about his raw materials.

It's impossible.

Zhimei New Materials still has a lot of polyester resins, which are purchased from other raw material manufacturers.

This thing is also quite helpless.

However, Zhang Xiaofan knows that what he will do in the future will definitely offend many people, and he should pay attention to hiding himself in one aspect.

On the other hand, we should also take some precautions to prevent our raw materials from being out of stock.

But fortunately, the profit margin of all products of Zhimei New Materials is very high, and it has made a lot of money in a year, although most of the money has been invested.

But at least the worries are still to be alleviated very little.

There are two things that a manufacturer is most afraid of, the first point is the rupture of the capital chain, and the second point is the interruption of raw material supply.

These two points are very fatal.

The remaining 1.4 billion, by the end of the year, it is estimated that nearly 80 million will be divided.

Plus the money earned last year.

The company's reserve fund at the beginning of next year is still several hundred million.

This is absolutely sufficient.

Originally, if the general paint manufacturer did not need to have such a large amount of capital reserves, but because the products purchased by Zhang Xiaofan were all cash used, it was natural that the reserve funds needed to be relatively high.