Rebirth 2004: I can make money by writing.

Chapter 349: 08 Annual Meeting, Group Revenue 127.5 Billion Yuan

October 1th, Thursday.

Hao Qiang left Gangcheng and returned to Yuecheng.

Seeing his wealth continue to soar every day, he felt particularly happy.

The next day,

Hao Qiang returned to the group headquarters and spent the whole morning reviewing the annual reports of various subsidiaries and departments.

When he went to work in the afternoon, he and the group's senior management put on safety helmets and inspected the workshop.

These senior executives include Jiang Ying, the group's vice president and chief financial officer, Lin Yan, general manager of Future Motorcycle Company, Wang He, general manager of Galaxy New Energy Company, Luo Hao, general manager of Future New Energy Vehicle Company, and Liu Yixiang, general manager of Future Intelligent Technology Company.

The company has been carrying out 5S activities for several years, with remarkable results. Raw materials and finished products on site are stored at designated locations in an orderly manner, forming a work system of "regional responsibility, professional responsibility, and joint management."

The annual meeting is about to be held at 4 pm. All workshops have stopped production, and only a few workers are still rushing to finish the work.

Hao Qiang and the senior management team are inspecting the production workshop of Future Motorcycle Company.

"Although we will no longer expand the production capacity of electric motorcycles, we can continue to optimize in other aspects and create higher-quality products," Hao Qiang said as he walked, surrounded by several senior executives. "I would rather make less profit than damage the 'Future' brand.

If the brand is damaged, the future development of the automotive industry will be more difficult.”

Lin Yan agreed: "Indeed.

Over the past few years, our company’s electric motorcycles have dominated the market with their superior quality, requiring little marketing effort.”

"The chairman only needs to say a few words in front of the media reporters, and the group can save a lot of advertising costs every year." Luo Hao complimented.

The other senior executives just smiled slightly when they heard Luo Hao's flattery.

They knew very well that the chairman would not buy it. Luo Hao had just joined the group and might not be able to fully understand the chairman's temper.

Normally, the chairman hates flattery from his subordinates.

However, Hao Qiang was in a good mood today, so he didn't care about these things.

"Mr. Lin, how is our authorized store doing now?" Hao Qiang asked casually.

Lin Yan was well prepared and answered respectfully: "Business is as good as ever.

All 1500 authorized stores across the country have completed store expansion and renovation upgrades.

This year, we conducted an average of two training sessions for each store, with an average training time of 16 hours, to improve service quality.

At the beginning, there were more than a dozen stores that did not respond actively, and the company punished these stores.”

Two years ago, Hao Qiang put forward stricter requirements for store upgrades to expand the local influence of authorized stores and the "Future" brand.

Stores that did not actively cooperate were punished.

Because of the huge profits, the owners of each authorized store have actively responded to the requirements of Future Technology Group, fearing that they will lose their authorization qualifications.

Future Electric Motorcycles has won the market with its good reputation, high-quality products and outstanding services.

At present, the biggest problem is the imbalance between supply and demand.

However, Future Technology Group did not continue to expand its production capacity, but instead implemented a quota supply for each store, and stores with better service attitudes could obtain more quotas.

Future Technology Group leads these shop owners to wealth, and the only requirement is to actively respond to company policies and obey orders.

When the workers on site saw the group’s senior management inspecting the workshop, they worked more enthusiastically.

After inspecting the electric motorcycle workshop, Hao Qiang went to the lithium battery workshop.

As the group has grown, he rarely inspects the workshops.

After the Pengcheng factory is put into operation, he probably won’t visit some workshops all year round.

He can't take care of so many things, and the biggest problem that arises is corruption.

Last year, the group fired an employee.

At four o'clock in the afternoon,

The annual meeting begins,

Like last year, the event was held on the basketball court in front of the dormitory building, and a simple stage was set up on site.

Except for the ordinary employees on duty at the Renjian Fireworks Company, thousands of other employees of the group participated in the annual meeting.

At this time, all participants have taken their seats in an orderly manner.

As the time was almost up, Group Chairman Hao Qiang and other senior executives walked towards their seats on the stage.

Han Qingying and Qiu Yuqing both came to watch and sat in the back seats.

Reporters from two media outlets and two local government leaders were also present at the scene.

Human Resources Manager Qiu Xueya announced the official start of the annual meeting and extended New Year greetings to all employees present.

“In 2006, there were only about 200 attendees at the annual meeting;

In 2007, it reached more than 2,000;

In 2008, the group reached 10,000 members, with approximately 5,000 people attending the annual meeting;

This year, the group's employee count has reached 16150, with 8450 employees in the Renjian Fireworks Catering Company alone.

The number of participants reached 6500..." Qiu Xueya spoke eloquently, describing the development and changes in the group's scale and the government honors it received.

Among these 16150 people, there are 1200 employees of Guangxi Future Motorcycle Company.

After Qiu Xueya finished her report, the general managers of the group gave their reports.

未来摩托车公司总经理林岩说:“2008年度,未来摩托车公司总销售230.1万辆电动摩托车,f1、f2和f3比例分别为77.4%、17.1%和5.5%,加上零配件和衍生产品,总营收为80亿元,税收净利润约为25.3亿元。

The company's products are in short supply, and its sales volume is 140 million units higher than that of the second-ranked Yadi Company.

In terms of profit, it far exceeds its peers.”

The 80 billion yuan in revenue was generated by 3600 employees.

The per capita output value reached 222 million yuan, an extremely high level.

This is all due to high automation and overtime work to increase production capacity.

After Lin Yan finished speaking, the employees in the audience applauded enthusiastically, especially the employees of Future Motorcycle Company.

Then, Wang He, General Manager of Galaxy New Energy Company, gave a report:

In 2008, Galaxy New Energy Company achieved an annual production capacity of 4.05GWh.

Revenue was 33.75 billion yuan, and net profit from tax was approximately 17 billion yuan..."

The company has only 900 employees, and there are 300 to 400 scientific researchers among them.

The level of automation is very high, and the per capita output value has reached 375 million yuan.

Today, all employees of the group know that Galaxy New Energy Company is more important than the motorcycle company and worldly affairs.

Next, Wang Xiaofeng from Renjian Fireworks Catering Company gave a report.

The company opened 25 new stores, bringing the total number of stores to 65, with annual revenue of 13.1 billion yuan and net profit after tax of approximately 6.3 million yuan.

Other subsidiaries currently have no revenue.

Including other income, the Group had a total revenue of RMB 127.5 billion in 2008, with actual net profit after tax of approximately RMB 48 billion.

The current high after-tax net profit is mainly because the technology subsidiaries are still within the three-exemption and three-reduction tax policy period and do not have to pay corporate income tax.

In a few years, when competition becomes fierce, it will no longer be possible to have such high profit margins.

With the same revenue, low profit margin, and corporate income tax to pay, a net profit of half of what it is today would be considered very high.

The group distributes year-end bonuses based on the situation in the next few years.

We have given out too much this year, but how should we give it out in the future?

After all the senior executives finished speaking, it was Hao Qiang's turn to give the final summary.

Employees like the chairman’s speeches the most because they are concise and focus on employee welfare.

The group has purchased residential land in Yuecheng and Pengcheng, which are 200 mu and 2000 mu respectively.

Last year, the company announced that it would build housing for its employees, which they could purchase at very favorable prices.

With so much land, it is easy for employees to qualify to purchase it.

So far, no one has heard of any progress.

The group is not short of money, and the chairman has made a lot of money in the US stock market, so it’s time to start construction.

All employees are looking forward to it.

The media reporters who came to the scene also wanted to hear what big news Hao Qiang would announce.

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