Back to 1988

Chapter 1111 Questioning
"This year is a critical year for Jiafeng Group, and it is a successful year. In the home appliance market, we stabilized the market share at about [-]%, and achieved a total sales volume of [-] million TV sets. , is the first domestic manufacturer to push sales to [-] million units, and the VCD market continues to rise. According to research data, the domestic VCD market has great prospects."

"Last year's VCD demand market was [-] million units, this year it has grown to [-] million units, and we are still firmly in control of the VCD market. This year, a total of [-] million VCD units were sold. For pirate manufacturers, there is no need. For manufacturers that produce products authorized by patents, we have launched a heavy blow this year, suing a total of [-] companies, and all of them won."

"As another pillar product of the enterprise, the market for pagers is also booming. From the market demand of [-] million units last year, it has shown explosive growth this year. This year, the demand for various types of pagers in the country has reached [-] million million, and the sales volume of Jiaxun pagers reached [-] million units, accounting for [-]% of the market."

"It's just that the unit price of the product has plummeted, from the high price of five or six thousand the year before, to three or four thousand last year, to more than two thousand this year, or even one thousand yuan. Landlines and telephone booths are widely promoted to pagers. It brought development and finally prosperity."

"At the beginning of this year, we opened up a new sales model, from the original agent to trying the model of home appliance city. This year, a total of five Jiajia home appliance cities have been developed, with a site area of ​​[-] square meters. The progress in this area is relatively slow. , and there are many competitors, among which retailers represented by Gome are very strong in the market, and this year they are in a state of loss in this regard.”

"In terms of small household appliances, the market has been further released this year. Represented by electric fans, washing machines, and refrigerators, the market has grown by more than [-]%, but our sales have declined. After careful analysis, we believe that Behind these products, there is a lack of brand power."

"Washing machines include Little Swan washing machines, Haier, Meiling and other brands that specialize in washing machines, while refrigerators include Hisense, Panasonic, Siemens, Konka, and even Skyworth. The refrigerator market is still a place where domestic and foreign capital compete. We lack Independent brands are also lacking in marketing.”

"The group has also carried out internal reforms this year, allowing the group headquarters to better control the subordinate companies, and improving the relevant systems in terms of personnel transfer."

For more than an hour, Wei Yandan stood on the stage and talked endlessly. If Jiafeng is an enterprise mainly focusing on home appliances and industrial chains, then this year's annual report will be particularly good-looking, and its main products will dominate the market. with a very large proportion.

The product quality is also well-known throughout the country. As a brand, the main products are ahead of their peers in terms of quality, after-sales, and technology, especially after-sales. One-day replacement, two-year warranty.

The time has already pointed to [-]:[-] noon, and Wei Yandan's work report is coming to an end. She looked at the last page of paper in her hand, took a deep breath, and said, "Jiafeng Group's annual sales exceed [-] billion yuan. Renminbi, the total sales this year are [-] billion, the net profit is [-] billion yuan, and the total expenditure for the year is [-] billion U.S. dollars. The overall state of loss."

[-] billion! ! !

Or US dollars?

Many people who participated in this kind of year-end meeting for the first time gasped, looked at the people next to them and said in a low voice: "It's over, earning RMB and spending in US dollars. Is this going to go bankrupt?"

"Why panic? I don't have any money to spend."

"Whose money will it cost?"

"Did you see that white man in front? The one who got taken advantage of."

Many people at the scene secretly calculated with the exchange rate. This year, Jiafeng Group spent more than [-] billion yuan in expenditure alone. How much is this?

The money is an astronomical figure for an individual, but how many factories Jiafeng has built this year, how much wages it has, how many advanced assembly lines, how many engineers it has recruited around the world, and how many laboratories and R&D centers it has established. All this money has a place to go.

John's face is not very good. He invested two billion US dollars last year. At the beginning, the budget for the R&D company was [-] million, and later it was increased to [-] billion. But how did the other [-] million be consumed?
As Wei Yandan walked off the stage, the report meeting in the morning was over. John stood up and said to Wei Yandan, "Give me a copy of the financial report, and I'll take a look."

Wei Yandan looked at Lu Feng, Lu Feng waved his hand to signal him, and said to Feng Zhiyao, "Let's eat first, we will continue in the afternoon."

Liu Cheng walked out without saying a word. During this year, many people in the group attacked him. Many people thought that the R&D company was burning too much money, especially some "meaningless" money burning, which made them think it was a waste All the money.

All kinds of bitter words came out at the scene, and people walked side by side in small groups, whispering to each other. Yang Fuqun was followed by several executives from other departments, and one of them asked in a low voice: "Why is the research and development company so burned?" Money? Konka, Skyworth, and Changhong don’t spend so much money.”

"Who knows, tens of billions of funds, piled up in piles, can kill people." Yang Fuqun snorted coldly: "For R&D centers around the world, foreign engineers are really popular. I heard that they dug up a Toshiba's small team builds a research and development center in Tokyo for others. The salary of the person in charge is as high as [-] a month, which is still in US dollars. This is still the tip of the iceberg. The research and development center cooperated with Nokia burns money at a speed comparable to bribe Lord Yan."

Several executives secretly clicked their tongues when they heard this. They didn't expect the company's top management to spend all their money on these things. Another person hurriedly asked: "It must not be researching and developing TVs, what is that?"

"Speaking of semiconductors, last year Everbright established seven large-scale R&D centers at home and abroad, not counting the small teams poached from some foreign-funded enterprises. Tell me, how did you spend the money?" Yang Fuqun said angrily.

"Fifty thousand dollars? That's... [-] dollars a month?" The eyes of the people next to me turned green when they heard this figure. Life, but compared with others, is it equivalent to ten days' wages?

"What is a semiconductor?" Another asked curiously, "It's so expensive!"

"To put it simply, it is to integrate and shrink the diodes and various circuits in the TV, which are many times thinner than a hair. It must be expensive to develop these things. As for the money, is it really spent, or is it replaced? The method is leaked out, who knows? After all, I haven’t seen foreign R&D centers and personnel with my own eyes, so I can’t chat with them and ask how to work so hard for a salary of hundreds of thousands a month!” Yang Fuqun finished speaking in a grotesque way With a sound, he strode forward in a big stride.

The few remaining people look at me, I look at you, and they look at each other. They feel that they have already stood at the top of the company. After all, Wei Yandan and Zhu Lidong are below them. , It's still a thousand miles away.

Yang Fuqun's statement spread quickly during lunch time. Everyone was shocked by the huge loss. Coupled with this statement, they had to think in other ways.

In the private room, Lu Feng watched the people talking about the scene, and as the food was served, Lu Feng picked up half a glass of red wine and said, "Everyone has really worked hard this year. Although the company is still in a state of loss, we have made great achievements. progress, especially in research and development, last year it was still poor in terms of integrated circuits, this year not only established a production line in the Tianjin factory, but also has many patents in terms of technology."

"This is a huge step. I believe that in the near future, we will be able to produce all chips and store them by ourselves. As for this glass of wine, I would like to respect Mr. Liu first, for your hard work!"

Lu Feng stood up and clinked glasses with Liu Cheng, and then the two drank it down in one gulp, and then drank with other people. The atmosphere at the dinner table became active, except for John, everyone seemed very happy.

"The research and development company's expenditure this year is indeed too high. We cannot afford such expenditure. However, the previous hard expenditure has already been invested. As long as this situation is maintained, next year's budget will not be too high. Next year our budget will not be too high. The mobile phone is about to go on the market, and if I can produce the whole set later, the cost will be greatly reduced, and the profit will be very considerable." Lu Feng said to everyone.

"President Lu's proposal is very good. The prospect of mobile phones is very good in the world, but you said that Jiafeng's mobile phone will be launched next year." John looked at Lu Feng and asked, "How do you guarantee it? Project If it fails to land, then the previous investment will be in vain.”

"It can be produced next year!"

"How do you produce it? Where do you get the core 2G motherboard?" John asked, staring at Lu Feng.

The people in Liucheng immediately froze on the spot when they heard this, feeling that something was wrong, Lu Feng looked at him and laughed, put down the wine glass in his hand and said: "This matter has not been resolved, but I can guarantee that it will be resolved in the future." In a year, it will be resolved."

"After the Chinese New Year? Where did you come from?" John looked at Lu Feng with great interest and said, "As the major shareholder of the company, I should have the right to know about any actions of the company. Can you tell me that the originally scheduled research and development company is ten Five hundred million U.S. dollars, excluding corporate publicity, daily expenses, construction of buildings and other projects spent [-] million U.S. dollars, the remaining [-] million, where did it go?"

(End of this chapter)