Cannery

Chen Mo looked at the scene outside the building, sighed slowly after a long while, and turned back to his desk.

Since the matter had already occurred and he had no way to change it, he might as well figure out a way to spend this money.

What was fortunate was that, currently, only the academic-related livestreaming category on Boring Short Videos could be monetized; the other livestreaming sections did not yet have the capability to generate revenue.

Otherwise, if the agriculture section also had monetization capabilities, with over 2.3 million people following the agricultural livestreams, who knows how much capital that would have generated.

Chen Mo comforted himself slightly, but before that, he took a notebook out of his drawer.

He went straight to the page where Li Shen and Wu Yu were written and drew a very large cross over it.

Especially for Li Shen; the cross on top had almost torn the paper in half.

He put the notebook away again, opened his phone to check Weibo, and looked at the popularity of Boring Short Videos on the platform. When he saw that there were several items on the trending search list related to Boring Short Videos,

Chen Mo completely gave up hope; with this level of popularity, it would likely be very difficult for Boring Short Videos to drop off the trending list anytime soon.

After thinking for a moment, he called Shen Rou over.

"President Chen, do you have any instructions?"

Shen Rou looked at President Chen, wearing a smile.

"Hmm, how are the investment proposals from the investment department coming along?"

Chen Mo looked up at Shen Rou, his gaze calm.

"President Chen, because the channels for obtaining investment proposals were previously popularized, the current proposals are very messy. Some of them aren't even investment proposals at all, so the investment department has been busy selecting suitable ones."

Shen Rou replied quickly.

"Is that so? Go over there and tell the people in the investment department that they don't need to select the investment proposals anymore. Also, by the way, bring all the investment proposals collected during this period, regardless of whether they are good or bad."

Chen Mo emphasized this instruction; he was worried that if he didn't, Shen Rou would just bring over the good investment proposals that had already been selected, and he wouldn't be able to pick the ones that would lose money.

"Understood, President Chen!"

Shen Rou nodded and turned to walk out of the office.

About 10 minutes later, Shen Rou walked back in, carrying a stack of proposals.

"President Chen, these are all the investment proposals recently received by the investment department. Please take a look."

As she spoke, Shen Rou slowly placed the stack of investment proposals onto the desk.

"Go back to your work."

Chen Mo waved his hand and pulled the investment proposals on the desk in front of him. Ignoring Shen Rou, he opened the top proposal and began to read it slowly.

Time passed bit by bit.

During this time, Shen Rou came in once, made a cup of coffee, placed it gently beside Chen Mo, and then left quietly.

Chen Mo looked at each investment proposal carefully; those that were clearly profitable were thrown to the furthest distance to be dealt with later.

Some that he wasn't quite sure about were placed a little closer—to be determined!

Only those with clearly identifiable potential to lose money would he set aside, but he had been looking for a while now and hadn't picked out a single one yet.

Chen Mo rubbed his aching temples, reached out to pick up the coffee beside him, took a sip, and continued reading.

Since another money-losing industry had been added, he urgently needed a new one now.

The stack of investment proposals on the desk gradually decreased; some were tossed far away, while others were set aside.

About two hours passed.

Chen Mo tossed the last proposal onto the far side of the desk.

He looked at the two proposals at his side, the corners of his mouth curling up slightly.

The investment department, which had been established for so long, was finally being put to use for a moment.

He slowly picked up the proposal at his side; one was for Zhenhao Canned Goods.

This proposal wasn't really much of an investment plan, but rather about the company itself, which had suffered a broken capital chain for some reason, and the boss had run off with the money, taking his sister-in-law with him.

The boss's wife, wanting to keep the company running, had created a proposal and submitted it to his investment department to solicit investment.

He also knew the reason for the broken capital chain.

It was the hygiene issues at Canned Food Factories that had been reported recently. During this period, the sales of canned goods had dropped significantly, and as a result, many Canned Food Factories had been affected.

And this Zhenhao Cannery had been exposed after one of its own workers filmed a video revealing the environment in which they produced the canned goods. Although the production environment wasn't as atrocious as those reported in the news, it wasn't exactly good either.

With Canned Food Factories already under scrutiny, this kind of exposure directly caused those who saw the video to stop buying Zhenhao Canned Goods.

Moreover, as the popularity of the story exploded, more and more people boycotted Zhenhao Canned Goods.

If no one bought Zhenhao Canned Goods, that meant there was no revenue, so the capital chain would naturally break.

And the boss of this Zhenhao Cannery, presumably seeing the fate of other Canned Food Factories, had simply run off with the money.

The reason he chose this Canned Food Factory was that its reputation was already ruined; even if they produced canned goods, no one would buy them.

Didn't this perfectly fit his plan to lose money?

He would take over this Canned Food Factory, and then, instead of addressing the reputation issue, he would continue to let the reputation spread.

Then, in the future, even fewer people would buy the canned goods he produced. If no one bought them, they would have no income.

Wasn't this a surefire plan to lose money?

Besides, this was a physical industry, which was what he valued most.

He planned to eventually turn this Canned Food Factory into something like the Changfeng Garment Factory, replacing the production equipment, building office buildings, employee dormitories, employee activity rooms…

These were all things that consumed a lot of capital.

Furthermore, he realized that the three companies currently generating a lot of revenue—Cangxue Games, Boring Short Videos (soon to be), and Lanpian Film and Television—were none of them physical industries.

Therefore, choosing to take over a Canned Food Factory was a very safe move.

Chen Mo looked at the investment proposal in his hand and immediately decided to invest in this Canned Food Factory.

He looked at the other proposals on the desk and threw them directly into the trash can under the desk.

Afterward, he called Shen Rou over.

"President Chen!"

Shen Rou entered.

"Go contact this Canned Food Factory and tell them that I will go to the Canned Food Factory to inspect it tomorrow. If it's suitable, I will consider investing in the Canned Food Factory."

As Chen Mo spoke, he had already handed the proposal in his hand to Shen Rou.

"Understood, President Chen."

Shen Rou took the proposal handed over by President Chen and carefully flipped through it.

After a while, she looked at President Chen with some hesitation.

"President Chen, the Canned Food Factory is currently spreading on the internet due to production safety issues. It's not very good for us to invest in the Canned Food Factory at this time! Moreover, the brand of this Canned Food Factory is already ruined."