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21Novel > Intelligent Industrial Empire > Chapter 682

Chapter 682

    "This is Qu Guangrui, the newly appointed manager of the strategic planning department of the company, a 92 grade graduate of Huaqing University." Seeing Yunfei''s questioning eyes, Wang Qingfeng, who was embarrassed, hurried to introduce him to the person who challenged Yunfei''s authority.


    If he knew from the beginning that Qu Guangrui would do so, he would not be allowed to attend the shareholders'' meeting. For this strong young man who has just arrived in xinkaixing for a year, Wang Qingfeng always thinks he is another cloud Fei. It will make the development of xinkaixing to a higher level.


    As Qu Guangrui showed his ability in xinkaixing, even if the ambitious young man ignored the rights of Zhu Yuanshan and Chen Yumin, even if he was dissatisfied, he had to appease a group of old brothers.


    When the young man came, he asked for shares. Wang Qingfeng didn''t pay much attention to shares. As long as he was able to give some shares and retain outstanding talents, there was no problem.


    As Yun Fei said to him at the beginning, his shares are less. As long as the company develops and grows, he will get far more benefits than before. Hundreds of millions of dividend profits a year, which he did not dare to think before the establishment of xinkaixing.


    When Qu Guangrui came to xinkaixing, he told Wang Qingfeng that he could double xinkaixing''s profits within three years. His requirements were exactly the same as Yunfei''s requirements at that time - all rights to the whole group company and his support as the chairman of the board.


    Of course, this ambitious young man demands more than Yunkai. If he can achieve this level within three years, he wants 8% of the shares!


    It would be bad for Yunfei to think that he instigated him to make trouble with Yunfei.


    Without the support of Yunfei, xinkaixing can''t even keep its current business!


    "Manager Qu, do you think I don''t know the company? Then tell us how good this good development is? " Yunfei was not angry, which relieved Wang Qingfeng.


    "Since I joined xinkaixing as the manager of the strategic planning department in October 1996, the production capacity of xinkaixing company has expanded by one third, the business has increased by 25%, and the profit growth has exceeded the expected profit by 20..." Qu Guangrui said proudly.


    These are his credit. How can he not be proud?


    The rise of China''s youngest rich has become a legend and is the object of worship of almost all young people. Originally, countless people wanted to stay in the capital, but it was not more attractive to start a business in the Pearl River Delta and Yangtze River Delta.


    Only those who have no ability and ability will choose the work arranged by the school.


    Qu Guangrui always believed that if he could have the opportunity like Yunfei, he would be able to meet a person like Wang Qingfeng who could help himself at the beginning. He could even do better than Yunfei!


    There are many legends about Yunfei''s start-up outside. Not many people know that Yunfei obtained tens of millions of start-up funds by spending a few dollars on the Dragon buying system. Many people believe that Yunfei set up Jiuyi heavy industry with the help of Wang Qingfeng and relocated Jiuyi heavy industry with bank loans.


    Many people believe that Yunfei''s rise depends on luck. It is luck to introduce technical talents from the Soviet Union. It is also luck to exchange daily necessities of light industry for il76 large military transport aircraft


    Therefore, others choose foreign-funded companies that can more obtain contacts or technology. Qu Guangrui chose xinkaixing, a private company that makes Yunfei rise.


    Before coming to xinkaixing, Qu Guangrui collected and analyzed Wang Qingfeng''s data in detail. Just as he imagined, he obtained Wang Qingfeng''s consent. As long as he doubled xinkaixing''s profits within three years, he could obtain 8% of xinkaixing''s shares.


    In this way, he can become the third largest shareholder of xinkaixing, with tens of millions of dividends every year. In this way, he will soon have the starting capital!


    "Are you satisfied with this result? Or are you going to continue to expand xinkaixing? And then take back the outsourced processing business? " The financial statements of the whole year have not been fully counted, and the cloud does not have complete data in its hands.


    "These profits should belong to us. Why should we distribute these profits to enterprises that don''t want to do it? Moreover, the large-scale use of CNC machine tools, in addition to equipment costs, labor costs will not increase much. As long as we add 1.2 times more CNC equipment and 0.4 times more workers, our profits can be doubled... "Qu Guangrui said proudly.


    Even if Yunfei becomes a super rich, he can''t cover up the fact that he only went to technical secondary school.


    "Good, really good! Manager Qu, I just want to ask you, how much do we need to invest in doubling the current scale of CNC equipment? " Cost is the key to everything.


    "About 600 million, of which 200 million is equipment cost and 400 million is plant cost..." Qu Guangrui answered Yun Fei without hesitation.


    "Excuse me, how long can these investments be recovered with our current profits?" Yunfei is very painful.


    It seems that the boy did not include the land taken by Wang Qingfeng in the past two years and the cost of the expanded plant.


    "If the depreciation of equipment is included, we can fully recover the investment in five years at most. Therefore, it is imperative to expand the production scale. Otherwise, our position in the machinery OEM industry will be robbed by other companies..." Qu Guangrui said coldly to Yun Fei.


    Many competitors are not even trained by the cloud itself.


    If Jiuyi heavy industry did not sell numerical control equipment to those competitors, they could not develop so fast.


    "Enough! Now I only ask one question, where do these investments come from? " This is a typical example of Zhao Kuo, who has been in xinkaixing for a year. He is still so short-sighted. Is he really an excellent graduate of Huaqing University, the highest University in China?


    Immediately, the land price will rise by rocket. With the intensification of competition in the domestic NC equipment industry, there will be more and more competitors in the NC processing industry. NC processing is far from the original huge profits.


    Even now, the profit of foreign trade processing undertaken by xinkaixing has shrunk by more than one-fifth compared with the beginning because of the rise of price level, the increase of various costs and inflation.


    Three years later, China''s rapid economic development supported by real estate will further exacerbate inflation, which must be taken into account when investing. Now it has invested 600 million, which is already a very large investment in the whole of China, especially for private capital.


    The current investment is 600 million yuan. If we can''t recover 1.2 billion yuan within five years, even if the investment fails.


    Yun Fei is sure that the cost of the 200 million equipment in Qu Guangrui''s goods plan will be borne by 91 heavy industry! He is too good at this abacus!


    The debt is carried by his shareholders. He only takes benefits. Is there such a good thing in the world?


    "..." Qu Guangrui was speechless.


    "Put away your thoughts. From now on, xinkaixing''s machining business is not allowed to expand. This is not to discuss with anyone, but as the second largest shareholder of the company. If Lao Wang, the largest shareholder with absolute control, disagrees, I will transfer my shares to Wang Qingfeng free of charge! Any company with an asset liability ratio of more than 60% is a very dangerous thing. I really don''t know what you think. I dare to make xinkaixing''s asset liability ratio exceed hundreds of%! This company is not yours. You don''t feel heartache, do you? To put it bluntly, xinkaixing is like a chicken rib to me! Throw it away! " Yun Fei said coldly to the people.


    The whole conference room suddenly became silent.


    Qu Guangrui''s face turned pale when he heard Yunfei''s words. Now he can''t argue with Yun Fei, and Wang Qingfeng can''t offend Yun Fei for him. He belongs to the senior management of xinkaixing. He always knew that the military products processing business of xinkaixing was basically given to xinkaixing by the military in the face of Yunfei. There are also some large foreign customers, many of which were handed over by the original camart to xinkaixing


    Yunfei withdrew capital from xinkaixing, which will be a great disaster for xinkaixing.


    Twenty five percent of xinkaixing shares, at least more than 400 million, but these 400 million shares also carry huge debts. Once xinkaixing''s business has problems, the value will shrink a lot in an instant!


    "Er, let me explain this to you. We xinkaixing have owed more than 100 million to 91 heavy industry, and the bank has nearly 600 million loans. And the total value of our current fixed assets will not exceed 400 million. The 80% asset liability ratio just mentioned by President Yun is very polite. As we all know, we are a processing enterprise. If we don''t have our own products, once our business volume declines, bank loans will be a very serious problem. "


    "A few days ago, when I went to Chengdu to ask Jiuyi heavy industry for credit purchase of Heavy CNC equipment, President Yun asked me what we should do if foreign customers were unable to settle accounts with us in time due to financial crisis... My first reaction was impossible. But when you think about it, it is really a very big problem. In recent years, many enterprises have risen in the whole Pearl River Delta. At the same time, many enterprises have closed down, especially the Southeast Asian financial storm that began in July, and the large-scale closure of OEM enterprises in Japan, South Korea and other countries is basically caused by the untimely settlement of customers and the rupture of the capital chain... "


    "Therefore, in the future, xinkaixing began to invest R & D funds in independent products, stabilize the current business and outsource some businesses with low profit and high cost, so as to reduce our costs and increase profits." Because of the strong return of Yun Fei, this shareholders'' meeting has once again turned Xin Kaixing of the Democratic% party into a speech hall
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