Chapter 092: Allotment Meeting
After both parties reach an agreement.
Wei Zhijie drafted the original contract on site.
The contract stipulates that after Hutao Group pays 80% of the contract price, the OEM contract will officially come into effect.
The 800,000 yuan advance payment received by Wangguijiang Stone Factory will be deducted from this advance payment.
Fang Zhengyi had no objection to the comparison.
The advance payment for this OEM contract is 20.390169 yuan. After deducting the 800,000 yuan advance payment, Hutao Group needs to pay another 19.590169 yuan.
Because the amount exceeded Wei Zhijie’s authority of 8 million.
Therefore, after the meeting, the contract will be stamped and sent back to the Hutao headquarters in Shanghai. The headquarters will complete the signing and sealing process before making the payment.
It is expected that the funds will be available before the holiday.
Because Zhang Yufei participated in this meeting, the contract has officially come into effect.
September 28, 2008, 10:10
Hutao Group and Linjiang Xingwang Stone Processing Factory officially signed an OEM contract for cabinets and bathroom countertops.
Wei Zhijie, on behalf of Hutao Group, signed the contract and stamped it with his business seal.
Wait for the formal contract documents to be sent back to the headquarters.
Just start the contract payment process.
The contract payment is expected to arrive on the afternoon of September 30.
After exchanges between the two parties, it was determined that in addition to 1,800 large quartz stone slabs, 20,200 cabinet basins were needed for this OEM.
Because the basins in the cabinets are made of stainless steel, processing errors will not affect the basins, so you can reserve 200 more basins.
Prevent transportation damage or damage due to other reasons.
The basin in the bathroom cabinet is made of ceramic and is fragile, so it is priced at 41,000 pieces.
If it is not enough, Xingwang Stone Factory will turn to Hutao Group for procurement.
In order to cope with this order, Wei Zhijie prepared 110% of the hardware and accessories.
Since there are still orders for the coming year, the extra quantity can be used continuously.
So it is not difficult to prepare these materials.
Both parties have signed the contract.
After hanging up the phone from Zhang Yufei, everyone seemed very excited.
According to the original calculation, this OEM can save 11,800 large slabs. Even if there is an error in the process and 1,800 large slabs are subtracted, there will still be 10,000 quartz stone slabs left.
The price of quartz stone slabs is 436 yuan per piece, and there is an additional 10 yuan transportation fee for shipping to Linjiang Village.
Equivalent to this order, excluding the OEM fee.
The remaining materials for the countertops alone cost 4.46 million yuan.
If the OEM fee of 25 million is calculated as a profit of 10%, there will still be a profit of 2.5 million.
As for how to monetize these materials?
Wei Zhijie is full of ideas.
This can be implemented immediately after the meeting.
After completing the cabinet and bathroom cabinet countertop OEM meeting.
Wei Zhijie then organized the restructuring of Xingwang Stone Factory.
"Next, let's organize the restructuring work of Xingwang Stone Factory. Yesterday afternoon, Mr. Zhao and Mr. Fang organized and sorted out the information of all the relocation factories. Today we will clarify the plan."
Wei Zhijie looked at Fang Zhengyi and Zhao Yanan. After a circle of 14 people present, he said to Fang Zhengyi: "Mr. Fang, you are here to report the information."
Fang Zhengyi nodded: "As of today, the Xingwang Stone Factory in Linjiang Village has been relocated. There are a total of 14 factories of various sizes, including 23 plate lines, 13 marble lines, and 63 rock lines, for a total of 99 lines."
"Involving 297 pieces of heavy equipment, 367 pieces of medium-sized equipment, 493 pieces of small equipment, 986 pieces of micro electrical appliances, and nearly 5,000 pieces of various hardware accessories."
"The full price of computing equipment is 25.86 million. Some equipment is newly purchased, and some equipment is old. Calculated based on an average depreciation of 60%, there is approximately 15.51 million left."
After Fang Zhengyi finished speaking, he looked at the bosses present. None of them had much expression on their faces. It was obvious that they quite recognized the price.
Fang Zhengyi continued: "Due to special reasons, our Linjiang Xingwang Stone Factory will implement the AB share system. This has been popularized by everyone. To put it more simply, it only has the right to dividends and no actual equity in the company."
"Do you have any objections?"
Fang Zhengyi looked at the bosses below and asked.
"now that..."
"Mr. Fang, let me say a few words." Fang Zhengyi was about to continue speaking when Wei Zhijie interrupted.
"Okay, Mr. Wei." Fang Zhengyi nodded and stopped.
Wei Zhijie looked at the boss sitting there and said with a serious face: "Everyone knows that a huge amount of granite mines were discovered in Linjiang Village yesterday. It can be said that future orders from Qiong Province will come like snowflakes."
"When everyone came back previously, their goal was just to place orders for Shanshui Linxi. The situation is different now. If anyone has other arrangements, please bring them up now. It doesn't matter."
The meaning of Wei Zhijie's words is very obvious. Originally, he just came back to take on a project, but now he has discovered a vein of minerals, and there are a lot of subsequent orders.
There are many capable bosses here. In the past, they were only limited by raw materials. They have no shortage of equipment or manpower. The money they can earn by themselves should be higher.
Therefore, Wei Zhijie now proposes that it is not too late for those who are thoughtful to withdraw.
Everyone in the meeting looked at each other.
In the end, they all shook their heads.
"Very good. I believe you will not regret today's choice. Mr. Fang, please continue."
Fang Zhengyi nodded and continued: "Including Mr. Zhao and I, there are a total of 14 bosses sitting here, and 6 of them chose to convert the value of the equipment, withdraw from the shareholder status, and choose to engage in production line management."
"According to the original plan, the parent company holds 40% of the Class B shares, Mr. Zhao and I each hold 10%, and the remaining 40% is divided among 8 people, with each person sharing 3-8%. This depends on everyone.
The value of equipment and the value of personnel.”
"As for everyone's proportion, I won't read it. If everyone thinks there is no problem, everyone can just sign the shareholding and dividend details form after the meeting."
"It is worth mentioning that after you continue to accept high-quality orders in the past, you will automatically own 40% of the profits, and the remaining 60% will be distributed according to the proportion of Class B shares."
"Let me give you an example. For example, Uncle Minggang's factory in Yashi has been doing OEM work for Mingjiang Decoration. If there is a profit of 1 million a month, Uncle Minggang will first take away 400,000, and of the remaining 600,000, Mingjiang Decoration will
Uncle Gang has 8% of Class B shares and can continue to receive 8% of 600,000 yuan, which is 48,000 yuan."
"Is there anything you don't understand?"
Seeing everyone shaking their heads, Fang Zhengyi nodded and looked at Wei Zhijie.
Wei Zhijie took over and said: "Then the distribution of B shares will be implemented according to this, and everyone will also divide money according to this in the future."
"Next, let me talk about the business. Our 99 lines will be divided into two factories according to product categories, namely the home stone factory and the rock processing factory."
"The former specializes in the production of countertops, bay window stones, threshold stones, etc. for home furnishings. It is a type of commercial board processing."
"The latter is a factory that specializes in processing rough stones. It belongs to the rough material processing category. As for the type of processing, it depends on the subsequent orders. I hope to bring out the skills of the masters."
"It would be a pity to let a master who can carve stone slabs cut square slabs."
Hearing what Wei Zhijie said, everyone sitting there nodded. Many of their masters have been working for more than ten years and their skills are quite impressive.
Chapter completed!