Baiyue Cave Master

Chapter 526 Appointment

Wang Yuanchao was only responsible for arranging specific work requirements and then observing the results.

Wang Yuanchao will not be too involved in the details of how the company's executives carry out their work and how they formulate their execution plans.

Managing too many details will lead to parallel management, which will not only make you tired, but also fail to improve the ability of employees to do things.

Then the executives you spent so much money to recruit are just a decoration.

Not only can it not satisfy the company's demand for talent, but it can also easily produce a bunch of useless people who just eat and wait to die in the company.

After smiling and nodding at Luo Yihua and Hu Meng, Wang Yuanchao continued:

"General Manager Ouyang, please continue."

"Okay, boss, next I'm going to talk about the progress of the group's real estate development company's Kowloon Hung Hom project.

After the company took over the land in Hung Hom, Kowloon, it started the demolition work in cooperation with the people from HSBC.

Now the demolition and clearance work of the entire land in Hung Hom, Kowloon has been completed.

The real estate development company has also surrounded the entire plot of land with a red brick wall.

Now the project awaits further development arrangements by the company.”

Wang Yuanchao nodded and said to Liu Qianqian:

"This time our garment factory purchased 20 production lines in Europe.

The purchase amount is 1.89 million francs, about 1800 million pounds, about 2 million Hong Kong dollars.

Minister Liu, after deducting this part of the purchase funds from the company's account,

How much cash is left?"

Liu Qianqian was surprised to hear what Wang Yuanchao said. She picked up the notebook and started to calculate immediately. After a while,

Liu Qianqian said:

"Boss, from the time you left for business till now, the company has sold about 1700 million kilograms of premium rice, and earned 2.04 million Hong Kong dollars.

In addition, the overseas distributors’ purchase funds of HK$7.2 million this time,

After deducting the 5 million yuan for the purchase of premium rice and the 2 million yuan for the production line,

Adding the 1.83 million yuan in the company's original account,

The company still has about HK$4.07 million in liquidity.”

Wang Yuanchao sighed, nodded, and continued to ask:

"How much construction fee has the company not paid for the Tsim Sha Tsui warehouse center?"

"Boss, regarding the Tsim Sha Tsui warehouse center, we signed a progress payment agreement with Gammon Construction Company.

Now the Golden Gate Construction Company has given us the storage center.

In addition to reserving 5% of the project fee as a warranty, our company has already paid the rest.

But the office building of the Tsim Sha Tsui project is still under construction.

For the office building, our company has paid two project fees to Kinmen Construction Company.

Now, the office building is ready for us to use, and the entire contract payment will be around 2750 million.”

“Where is the construction payment for the Causeway Bay Food Street project?

How much engineering fee will the company need to pay at that time? "

"After the company opened the bidding for the Causeway Bay Food Street project, the winning bidder was also the Golden Gate Construction Company.

We have already paid the first 30% of the project fee to Golden Gate Construction Company.

We have already cooperated with Golden Gate Construction Company.

Moreover, our cooperation has always been very pleasant. We have repeatedly stated that we will ensure the quality and quantity and complete the project construction on time.

Now our company has paid 960 million yuan to Jinmen Construction Company for the Food Street project.

The engineering contract for the entire project is 3200 million.

According to the contract, another 2240 million Hong Kong dollars will need to be paid in the future.”

Wang Yuanchao nodded, did some mental calculations, and said:

"That is to say, 4.07 million minus 5000 million,

The company's total available funds are around 3.57 million, right?"

"Yes, boss."

When Wang Yuanchao heard that his company still had such a large amount of working capital, he leaned back in his boss chair with a sense of satisfaction, took out a Cuban cigar from the drawer of his desk, cut it, lit it, took a puff, and said:

"General Manager Ouyang, Director Luo Yihua, the construction of the Kowloon Hung Hom project is not expected to be so fast, and it is unlikely to start this year.

At the earliest, construction will start next year.

By the way, the group's real estate development company has not been able to recruit a suitable candidate for the position of general manager.

During this period of time, through my observation, I found that Director Luo Yihua works hard, is responsible, and has strong professional ability.

So I plan to let Director Luo Yihua serve as the general manager of the group's real estate company.

Director Liu, please complete the appointment process as soon as possible and notify the group in the form of a red-headed document.

And you discuss with General Manager Luo and nominate an engineering director for the real estate company as soon as possible and hand him over to me for review."

"Okay, boss."

"Thank you for your trust and respect, boss. A man will die for his friend. Please rest assured, boss.

In the future, I will work hard for the company with all my heart.

From now on, the company is my home, the company's development is my mission, and your orders are my guidelines."

When Luo Yihua suddenly heard the news of his promotion, his eyes turned red, his whole body trembled, and he excitedly swore loudly to Wang Yuanchao.

Wang Yuanchao was also very satisfied with Luo Yihua's attitude, and said to Luo Yihua with a smile:

"Mr. Luo, I believe in your ability, character and integrity.

I have also told you that as long as you work hard for me and try your best to grow the company,

I will definitely give everyone a bright future.”

After hearing the pie Wang Yuanchao had drawn, everyone in the office expressed their gratitude loudly, regardless of whether they could get it or not:

"Thank you for your appreciation, boss."

"Thank you, Boss."

"Thank you for your appreciation, Boss."

After a while, Wang Yuanchao waved his hand to interrupt the voices of gratitude from everyone, and continued to ask:

"General Manager Ouyang, what's the situation at the garment factory now?"

"Boss, regarding the garment factory, during this period, Deputy Director Hong of the Group's Human Resources Department and I have been in charge and have reorganized the garment factory.

According to the plan you left, I conducted a technical assessment of all the employees in the garment factory.

Salaries are graded based on each person's skills.

And according to the technical level of the garment factory employees, all the middle and low-level management in the garment factory, including team leaders, production supervisors, workshop directors, production managers, etc., were rearranged.

Now the entire garment factory's management has been completely replaced, and all of them are appointed by our company personally."

"Where are the original management staff of the garment factory?"

"Except for the heads of various departments, the company retained the original management team as consultants to continue working for the garment factory.

The company persuaded other mid- and low-level managers to resign according to their contracts.”

Wang Yuanchao nodded with satisfaction and said:

"After all, we took over the garment factory midway, so it's normal that there are some legacy issues.

But we cannot let the factory employees organize themselves. We must be good at finding and solving problems.

It’s not scary to have problems, but don’t cover them up. Don’t ignore them just because they are small matters and wait until they become a big issue before solving them.

The employees of the garment factory don't know much about our company yet, and they are in a state of panic. You must ensure that these employees are not taken advantage of by those with ulterior motives and do not gather together to cause trouble. You must make sure that they are focused and work peacefully as soon as possible. Do you understand?"

"Got it, boss!"

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