1988: Back to the human world for a few years

Chapter 286: Turbulence at the Spoils-Sharing Meeting (1)

Although Yang Mo did enjoy a meal that night with rich ingredients, the taste was indeed a bit uneven; but his dream of hugging Miss Mu and getting close to her for the first time was shattered.

This is not to say that Miss Mu is too reserved, or that she is very strict with this guy before completing the basic process of pursuit.

In fact, Yang Mo didn't have time to test it out, and even before he finished his meal, the process was interrupted.

Wang Yinuo is here.

The reason why the company's top executive suddenly came to visit was not complicated.

Those who should escape could not escape. The article about him and the drilling company, just as Mu Siyuan had heard, appeared on the headlines of the internal reference.

In fact, if it were just that, it wouldn't be enough for him to be so tactless as to ruin the first private dinner of a young couple. After all, he had been mentally prepared for the appearance of this article, and after running to Yang Mo's small courtyard for more than ten days, he also had enough confidence to deal with the work report that was about to come.

But there was nothing he could do, because Mu Siyuan had talked to him for four hours last night.
During these four hours, the two talked about more than just the headline article in the internal reference.

Therefore, when he found that the atmosphere on the scene was a little unusual, he should have turned around and said goodbye graciously, but he could only sit down and continue to discuss business with Yang Mo, the core figure in a series of subsequent plans, with a serious face.

Fortunately, only cadres at the deputy director level and above can access the contents of the internal reference, so most of the cadres in the drilling company are currently unaware of this significant article, which leaves Wang Yinuo and Mu Siyuan with a slight window of opportunity for operation.

But even so, there is really not much time left for Wang Yinuo and Mu Siyuan, and they have to race against time to settle some things...hence Wang Yinuo's unpleasant behavior.

………………

the next morning.

Mr. Yang, who was very unhappy, picked up his leather briefcase that he would hardly use in a month and left the office unhappily amid Miss Mu's teasing smile.

Today is the drilling company's annual "spoils distribution meeting", also known as the "Southwest Region Aid Investment Plan Discussion Meeting". All the company's senior executives and core department heads must attend.

In fact, this is probably the conference with the highest enthusiasm among the participants of the drilling company, and the enthusiasm is even higher than that of the company's general employee representative conference.

It's about sharing money, how can I not be enthusiastic!

If you can get more aid budget for your hometown at this conference, you will feel more confident throughout the whole next year. The benefits behind this are more than just a matter of adding glory to your face.

But for Yang Mo, a local, this conference where everyone was eager to participate was not very attractive. Even if the drilling company's aid budget this year was sufficient, it had nothing to do with his hometown. If this meeting had not clearly stipulated that only the full-time section chiefs and managers of each department could participate, he would definitely find a reason to push Miss Mu out to take the blame.

………………

"As of December 1990, 12, the company had overcome one deep geological problem after another and successfully completed the oil production plan for the year, achieving a drilling depth of 31 meters... In this area, the Dongying side gave a reward of 25 million yuan for completing the excess drilling task;"

"In addition, due to the company's reasonable geological planning and courage to innovate, the number of new oil wells has exceeded the technical limit on the limited land area, reaching 131, and the estimated crude oil production has also reached a new high of 1120 million tons... Although the subsequent exploitation of this crude oil is entrusted to the Linpan Oil Production Plant, according to the contract, it will still be implemented according to the standards of the production campaign in 89... In this regard, the Dongying Command needs to give a technical progress reward of 1.02 million yuan."

"That is to say, the company's revenue from the main business alone has increased slightly compared to 88, reaching 3.29 million yuan!"

Wang Yinuo, sitting on the rostrum, glanced at the dozens of department heads in the conference room and calmly reported this number, which is common in the oil system but is enough to make other industries jealous to death.

Upon hearing this figure, which was actually not much different from last year's revenue, the department heads did not show any regret on their faces. Instead, they became more excited and expectant.

They knew that 89 was different from previous years, and the drilling company's profits were not limited to its main business.

As expected, after reading out the main business income, Wang Yinuo began to announce the income of the tertiary industry projects last year. However, unlike the previous brief mention, this time Wang Yinuo reported the profit and loss situation of the tertiary industry projects in various places in detail.

"In 1989, the company invested in four tertiary industry projects in Mianyang, Nanchong and Chongqing in Bashu, involving food processing, silk textiles, catering and accommodation, with a total investment of 4 million yuan... According to the statistics of the Finance Department, as of December 950, all four projects were loss-making, with a total loss of 12 yuan... Together with the projects invested in the past ten years, the total number of projects invested in Bashu has reached 31, and the total loss in 91.7 reached 64 million yuan."

"In 1989, the company invested in seven new projects in Chuncheng, Dehong, Banna, Qujing and Zhaotong in southern Yunnan, involving five fields: food processing, agricultural product planting, catering, accommodation, small coal and tourism products, with a total investment of 7 million yuan... According to the statistics of the Finance Department, as of December 1100, except for the hotel project in Banna and the small coal mine project in Malong, Qujing, which made a small profit and achieved a total income of 12 yuan, all other projects were losses, with a total loss of 31 yuan... Including the projects invested in the past ten years, the total number of projects invested in southern Yunnan has reached 77, and the total loss in 98.7 reached 117 million yuan."

"In 1989, the company invested in five new projects in Guiyang, Chishui, Tongren, Zunyi and Bijie in Guizhou, involving five fields such as food processing, small machinery manufacturing, catering, agricultural planting and edible oil production, with a total investment of 5 million yuan... According to the statistics of the Finance Department, as of December 560, all five projects were in the red, with a total loss of... 12 million yuan! ... Together with the projects invested in the past ten years, the total number of projects invested in Guizhou has reached 31, and the total loss in 311 reached... 77 million yuan!"

When reading about the profit and loss situation of the tertiary industry projects in Guizhou, Wang Yinuo paused consciously, and then slightly increased the loss figure.

Although Wang Yinuo did not look at him, Zhang Wenshun and several other department heads still felt embarrassed.

Everything is afraid of comparison. Although the accumulated losses in Guizhou are not the highest, the problem is that the investment funds it has received in recent years are also the least. When the two numbers are divided, the resulting number is very ugly.

Especially this year, they just invested 560 million yuan, but ended up losing 311 million yuan in just one year, which is more than half of their investment. It is nearly five times higher than other companies' losses of more than ten percent... Which company would do such a thing?

Fortunately, the drilling company is a central enterprise and these aid projects are not really for profit. Otherwise, with such a loss rate, removing Guizhou from the list on the spot would be the lightest punishment.

But even so, Zhang Wenshun and others still wanted to bury their heads in the ground. This is... too embarrassing!
In fact, not only Zhang Wenshun and other Guizhou people felt embarrassed, but the other department heads present at the meeting also looked unhappy.

Although the loss ratio in other regions is still barely acceptable, especially in Guangxi, which is right after Guizhou, the loss amount of new investment projects is only about 8%.

But the problem is...

The accumulated losses over the years are terrifying!

You have to know that due to some well-known reasons, no matter how heavy the losses of these tertiary industry projects are, drilling companies cannot easily shut them down or cut them off.

Therefore, these dozens or even hundreds of aid projects in each location have become an extremely heavy burden for drilling companies.

Indeed, with drilling companies now earning more than 300 million yuan a year, it does not seem to be a difficult task to compensate for the losses of millions or even tens of millions in various places and to provide support for these projects.

But you have to know that the areas that drilling companies need to fill are not just southern Yunnan, Bashu, Guizhou and Guangxi. Shanghai, Jiangnan, western Hunan and other regions also need aid and investment, and they also need to support those loss-making projects... Although there are not many aid and investment projects in these areas, and the holes that need to be filled every year are not that big, but grasshoppers are also meat!
Therefore, according to Wang Yinuo's final statistics, a rough calculation shows that including the tertiary industry projects directly operated in the Qilu region, the drilling company needs to invest more than 3200 million yuan each year just to support these existing projects...which accounts for more than one-tenth of the drilling company's core business revenue!

The most important thing is that this is a bottomless pit. No one knows when these aid and investment projects will be profitable, or even whether these projects will be profitable in the future... Not only that, with the addition of new aid and investment projects every year, this bottomless pit will only get bigger.

This is very fatal.

Anyone who has not had their frontal lobe removed knows that since it is called "aid construction", it must be providing assistance to other regions under the premise of ensuring their own survival or not seriously affecting the normal operation of the company.

But now, the annual loss subsidy of up to 3200 million yuan is obviously close to the drilling company's tolerance limit.

You have to understand that the drilling company itself has to support more than 10,000 people, and their wages, bonuses, housing, medical care, disability allowances, transportation, education, heating, welfare, etc., each of which is a big spender. Moreover, the drilling company is now expanding, and there are more places where money is needed. These expenditures are also extremely high priority items. Therefore, unless the drilling company itself has no money, there is no reason or excuse to cut this aspect of expenditure... Even if the superior leaders come, it will not work.

So when everyone heard Wang Yinuo read out the detailed accounts of the aid and investment projects in various regions for the first time today, their first reaction was...

broken!

The company is going to suspend its assistance to various places!

Everyone was upset at the thought that the company might have to stop transfusions to various places.

Although these millions of aid and investment funds each year are not a figure that people in later generations with an average annual income of over a million yuan may not be impressed by, in this era when a hundred yuan can allow a family of four to live comfortably for a month, for most regions, this is a figure that cannot be underestimated... At this time, the fiscal revenue of many poor counties has not even exceeded one million yuan in a quarter!

Therefore, once the company stops its aid and investment in various regions, it will be the worst news for these people. Not only will their family's hidden income be greatly reduced, but they will also gradually lose all kinds of support and help from their hometowns.

………………

Glancing at the department heads in the conference room who looked unnatural but hesitated to speak, Wang Yinuo smiled and changed the subject, continuing to read: "Although the investment and aid projects in various regions are generally suffering serious losses, and the situation of the company's directly operated tertiary industry projects is not optimistic, the good news is... the tertiary industry experimental project that the company has been trying since the beginning of last year has achieved remarkable results."

At this point, Wang Yinuo coughed and took a different document in his hand: "According to the decision made at the meeting, the experimental tertiary industry projects have operational and financial autonomy, and then close the accounts at the end of each year and pay the company corresponding dividends based on the proportion of shares;"

"As of December 12, the annual turnover of the Momo Baizha project under Qingfeng Food was 31 million yuan. After deducting various operating expenses, according to the principle of share distribution, the company achieved a profit of 9417 million yuan on this project;"

"Similarly, the Momo Baichao project under Qingfeng Food had an annual turnover of 2164 million yuan. After deducting various operating expenses, the company realized a profit of 112.4 million yuan on this project;"

"Similarly, Qingfeng Food's Momo Bailu project has only been running for three and a half months due to its late start-up time, and its annual turnover is only 3 million yuan. But even so, after deducting various operating expenses and costs, the company's profit on this project has reached 764 yuan."

"That is to say, Qingfeng Food alone created 1989 million yuan in profits for the company in 871.36... and it is foreseeable that in 1990, the profits they created for the company will definitely not be less than 2000 million!"

Hearing this, everyone looked at Yang Mo, who was sitting still in his seat, with mixed emotions.

It has to be said that the number revealed by Wang Yinuo not only made them feel relieved, but also gave them a clearer understanding of the ability of this young man.

You should know that the drilling company only has a little over 33% of the shares in Qingfeng Food (1% has been invested in the incentive equity pool), but even so, this little over 900% of the shares actually brought the company nearly million yuan in benefits in one year;
The most crucial thing is that this is still the first year when it is most difficult for the project to generate revenue, and Vice President Feng also put a stop to it. But even so, the three projects of Qingfeng Food have still achieved such eye-catching results... If these projects are rolled out by next year, it will not only bring 2000 million in revenue to the company, it is hard to say whether it will be able to exceed million!
Comparing people will make you die, comparing goods will make you throw them away. All the aid and investment projects that the company has carried out over the years have been losing money, but the money earned by others has offset the losses of all projects in the region... and there is still money to be made.

How can you let them save face?

However, this is not the end. Wang Yinuo seemed very satisfied with the reactions of the people present. After reading the report card submitted by Qingfeng Food, the company's top leader paused for a moment before continuing: "Although the achievements of Qingfeng Food are remarkable, what is even more surprising is the achievements of the Laoliu Chicken Breeding Institute, a joint venture between the company and the Fifth Farm, and the surrounding business supporting facilities, a total of seven companies."

After coughing, Wang Yinuo said in a slightly strange tone: "Since these businesses are all one-stop businesses centered on the Laoliu Chicken Breeding Institute, I will talk about them together;"

"According to the statistics of the Finance Department, as of December 12, the eight enterprises centered around the Laoliu Chicken Breeding Institute have sold a total of 31 million 817 broiler chicks, 1.25 tons of broiler feed for the first, second and third stages (contract), and 1.1 million doses of various vaccines (contract);"

"Based on the amount of contracts that have been fulfilled, the total revenue is... 1.02 million yuan!"

"If we do not calculate based on performance, but only on the contract amount, in 1989, the Laoliu Chicken Breeding Center, which was established only three and a half months ago, had a revenue of 1.97 million yuan!"

At this point, Wang Yinuo said with a sad face: "Regarding this matter, I, as the general manager of the company, need to review it. If I had given Chief Yang enough financial and policy support, the eight companies centered on the Laoliu Chicken Breeding Institute would not have so many unfulfilled contracts on hand due to insufficient production capacity, and the company's book funds this year would have been greatly increased!"

After sighing, Wang Yinuo laughed again: "But even so, due to the high gross profit margin of this type of business and the large proportion of the company's shares, these eight companies alone have contributed 4370 million yuan in revenue to the company in the past three and a half months, after deducting operating costs and reserving enough funds for expansion!"

Wow~!

When this number was read out, everyone was stunned.

They knew that Yang Mo was good at making money, and they also knew that the package sales model of chicks + feed + vaccines was very profitable, but they still didn't expect that in just over three months, the chicken breeding center with an unremarkable name and its supporting companies could make so much money.

The contract value is 1.97 million!

What is this concept?
Judging from the speed at which 1.25 million chicks were ordered in just over three months, as long as the production capacity can keep up and the 817 broiler chickens can sell well in the market, in two to three years at most, the revenue from this business alone will be enough to match the drilling company's main business of drilling... which is around million yuan.

This is great! ?
Isn't this equivalent to having one more drilling company?
Of course, this is not the most important thing. The most important thing is...

With the 871 million from Qingfeng Food, plus the 4370 million generated by eight units including the Laoliu Chicken Breeding Institute, the more than million in additional revenue is not only enough to offset the losses of aid projects in various regions, but also leave a large surplus.

That is to say...

The amount of aid to various regions this year may not only not be reduced or stopped, but may increase significantly?

Thinking of this, everyone looked at Yang Mo, who always had a dull face, with complicated and eager eyes.

Damn, the rumors outside are indeed true, this guy is indeed the second god of wealth in the company!
Seeing that the atmosphere in the conference room became lively again, Wang Yinuo's eyes flashed with an ambiguous smile, but he knocked on the table gently to stop everyone's whispering.

"Although the company's book funds this year are more abundant than any previous year, as the saying goes, if the hole is not plugged, even mountains of gold and silver cannot withstand such endless consumption!"

“Therefore, before discussing the allocation plan of aid and investment funds to various regions, I think it is very necessary to reach a consensus on the handling of previous aid and investment projects and the management of aid and investment projects in various regions from now on!”

As he spoke, Wang Yinuo's usually elegant face was covered with a hint of sternness: "You all should know why the projects funded by the company have suffered losses year after year in the past ten years, without my special reminder.

"As the general manager of the company, I can take the lead in expressing my opinion here... You can fight for the interests of your hometown, let the company give back to the folks in the southwest, and let the majority of employees feel at ease to fight on the front line of Qilu... Yes!"

"But if the aid projects we get in the future are still so messy, and the money is immediately eaten away by rats... then I'm sorry, the company's capabilities are limited, and there's no need to hold meetings like today in the future!"

Everyone was shocked when they heard this.

After staring at each other for a while, they finally realized that in today's spoils-sharing meeting, the company's top executive, who had been in the spotlight this year, was probably going to make a fuss again;

only……

I don't know, who is Mr. Wang targeting when he takes action at the end of the year?

Intentionally or unintentionally, everyone's eyes quietly shifted to a certain Maitreya Buddha who was sitting motionless on his seat...

(End of this chapter)