A high-level meeting is being held at the Xinghai Group headquarters. The reason for holding this meeting is simple: to sum up the past and look to the future!
In 1995, for the Xinghai Group, it was a year of great development and a year of results!
During this year, Fuxing Industry completed its transformation, completely changing from a manufacturer of agricultural vehicles to a manufacturer of freight vehicles.
At the same time, Fuxing Industry not only got involved in the manufacturing of freight vehicles, but also began to get involved in the manufacturing of passenger cars, motorcycles, and even began to prepare to enter the field of car manufacturing.
In addition, Fuxing Industry has achieved quite good results in the export of motorcycles.
It has even made a breakthrough in the export of trucks!
Fifty trucks were exported to Southeast Asia, mainly purchased by Foxi Company.
Fuxing Industry is becoming a comprehensive vehicle manufacturer.
As for Fuxing Power, the motorcycle engines it develops and produces continue to set new records and make history in the domestic motorcycle engine industry.
Starting with 100cc, Fuxing Power has developed motorcycle engines with multiple displacements:
125cc, 150cc, 160cc, 200cc, 250cc, 300cc and even 400cc engines.
There are two-cylinder engines, air-cooled and liquid-cooled, kick-start and electronic fuel injection.
The product line has rapidly improved.
Now Fuxing Power is looking for ways to reduce fuel consumption.
The motorcycle engines produced by Fuxing Power not only supply Fuxing Motorcycle, but also supply domestic motorcycle companies and foreign Foxi motorcycles.
In order to meet the market demand for motorcycle engines, Fuxing Power has repeatedly expanded its production line.
Fuxing Power does not rely solely on motorcycle engines for its livelihood, and continues to make sustained efforts in diesel engines.
Fuxing Power aims to become a domestic professional power equipment manufacturing enterprise, but the problem now is that there are too few customers.
The customers here are not referring to motorcycle engines!
Many domestic motorcycle enterprises now purchase motorcycle engines from Fuxing Power!
Even some motorcycle enterprises that have their own engine production capabilities are purchasing engines from Fuxing Power.
The reason for this is quite simple; Fuxing Power has a wide range of engine models and displacements.
It can also carry out some customised production of engines according to customer needs.
In addition, the quality of Fuxing Power's engines is quite well-known among consumers.
They are of good quality and inexpensive!
Yes, the ex-factory price of Fuxing Power's engines is lower than the cost of some companies' self-produced engines.
This situation is actually a bit embarrassing!
The quality is not as good, and the cost is not an advantage. What can be done in such a situation?
Of course, just cut down on our own engine production capacity and turn to buy Fuxing Power engines.
Basically, Fuxing Power engines don't make much money each, and for small-displacement engines, just 200-300 yuan is enough!
What makes more money are large-displacement engines, which have to make hundreds or thousands of yuan each.
Of course, electronic fuel injection engines are definitely more expensive and can make a bigger profit.
The term 'few customers' refers to diesel engines, especially four-cylinder and six-cylinder diesel engines.
Apart from Fuxing Industry, few other companies place orders.
'Today is the first time that the bigwigs of our Xinghai Group have gathered together in one place, which is quite rare!' Han Songlin's tone was full of exclamations.
Everyone here is well-known to Han Songlin; they are not just his subordinates; they are also his business partners and good friends.
'Boss, you're the big shot, and we're just your lackeys!' Xu Lu said with a smile, and among those present, she was the most appropriate person to pick up on Han Songlin's joke.
'Yes, we're all the boss's soldiers, and we'll go wherever the boss tells us to go!'
Han Songlin's gaze swept over the several people, his mouth curling into a smile; before meeting everyone, to be honest, Han Songlin had been a little worried.
The Xinghai Group has been constantly strengthening its control over its subsidiaries.
If you are close, it's okay!
But if you are far away, you really have no way.
The internet is not very useful now, and it is really not possible to establish a management system relying on the internet.
You have to wait and see.
'General Manager Zheng, has your finance department calculated the year-end bonuses for each CEO?' Han Songlin looked at Zheng Lin, and it was almost Chinese New Year, so there had to be money for the New Year!
Zheng Lin looked at Han Songlin and thought for a moment before saying, 'Not yet, I think it will take a couple of days.'
Han Songlin looked at Zheng Lin strangely. Isn't this just a matter of writing down a number, reporting it to me, and I just sign it?
Did Zheng Lin mean to tell Han Songlin that the year-end bonuses for the various bosses had already been done a long time ago?
The amount of the year-end bonus for each person is different; in principle, the more money the company makes and the better it does, the more the year-end bonus will be.
You can't say that the person who just sits around and does nothing gets the same as the person who works hard.
That's not in line with the principle of distribution according to work!
In the past, distribution according to work was based on labour!
But nowadays, distribution according to work is not just about manual labour, but also emphasises mental work, technical attributes, innovation, the degree of contribution to solving problems and completing tasks, and many other factors.
So, when you do the sums, the amount of year-end bonus that each boss can get is different.
Zheng Lin Since you said it's not ready yet, it's not ready yet!
Han Songlin: 'This year's year-end bonus, I can only say, it will definitely make everyone happy. Everyone will definitely get more than a million.'
'Long live the boss!'
'The boss is generous!'
Everyone is thinking about what to do with the money once they get it!
Save it in the bank?
Everyone knows that saving in the bank is a loss these days!
Currency depreciation has always been a thing, and it's impossible to get rich just by saving money.
You can't just save money, you have to find a way to preserve its value.
For a long time, the most popular thing for people in China to do was to buy a house, buy a house, and buy a house!
In fact, this has inadvertently achieved the preservation of wealth, not only has it achieved preservation, but also huge appreciation.
Han Songlin didn't know that they were worried about what to do with the money they had. Otherwise, they would definitely be emphasizing the future appreciation of assets.
'Okay, let's calm down and let President Zheng talk about our results last year!'
Zheng Lin cleared her throat with a light cough.
'For the entire 1995 fiscal year, after the consolidated statements of Xinghai Group, the total revenue was 12.3 billion yuan.'
Han Songlin had already read the financial report before, but at this time, he still felt a little emotional.
The entire Xinghai Group actually achieved revenue of 12.3 billion yuan in 1995, which was undoubtedly quite an exaggeration.
Of course, in terms of revenue composition, Fule Liquor had to account for the bulk.
Fule Liquor's annual revenue exceeded 4 billion, which was undoubtedly exaggerated.
There was another major source of revenue, Fumando!
In the retail industry, revenue figures are relatively high!