Chapter 117: You Have the Final Say

Once the factory was completed, Alvin was entrusted with full authority to manage its operations. Initially, the factory's performance was decent, but as foreign cosmetics brands took over the market and faced competition from other large domestic cosmetic factories, Alvin's factory began to decline. Three years ago, the factory started incurring losses, which continued for three consecutive years. This cosmetics production factory was Alvin's pride and joy, the foundation of his lifetime's work. The years of losses prompted Alvin to make a major change. Firstly, he decided to comprehensively update the outdated production equipment in order to gain a competitive edge in terms of technology. However, what Alvin didn't anticipate was that the shareholders were unwilling to invest. Coupled with dismal financial reports, banks were hesitant to provide loans. With wages unable to be paid to the workers regularly, the factory eventually came to a complete halt. Just a week ago, a sha