Time flies, and April 15th is coming in a blink of an eye.

March 15, 2010.

There are 34 provinces and cities, 333 prefecture-level cities, 2,862 county-level cities, and a total of direct-operated stores in the country. After 3,600 joint-stock companies were established.

The structure of in charge has been completed according to the region, province, municipal and county levels.

On April 15, Xinghui Home Furnishing's first regional and provincial structure branch held a shareholders' meeting.

In the setting of Xinghui Home Furnishing, the region belongs to the management structure, while the provincial level belongs to the company structure.

It is equivalent to establishing 34 provincial branches, and then these 34 provincial branches control 333 prefecture-level cities.

There are 333 prefecture-level cities, 2,862 county-level cities, and a total of direct-operated stores.

In terms of equity structure.

Take Guangdong Province as an example, Xinghui Home Furnishing Headquarters Holdings, and Guangdong Xinghui Home Furnishing Co., Ltd. is 51% of the shares.

Guangdong Xinghui Home Furnishing Co., Ltd. is controlled by 51% of the shares of Guangshi Xinghui Home Furnishing Co., Ltd.

Guangshi Xinghui Home Furnishing Co., Ltd. is holding a 51% stake in the Galaxy District direct store.

Through these layers of holdings, Xinghui Home Furnishing Headquarters guarantees absolute management rights over all direct stores of Xinghui Home Furnishing.

Above 34 provincial branches, five major regions have been established, southeast, west, north, and middle.

It belongs to the cooperative management of several major provinces.

For example, in the southern district, there are Qiong, Guangdong, Yun, Guizhou, and Fujian.

The region only has the authority to manage and has no right to operate.

Both parties supervise and serve each other.

The first shareholders' meeting was held at the Phoenix Hotel in Hai City, Qiong Province, and all the leaders of the provinces and regions were present.

The meeting was organized by Cai Tianming.

Cai Tianming was promoted to the president of Xinghui Home Furnishing Group on March 15.

Officially as the leader of this trillion flagship.

At the beginning of the meeting, Cai Tianming first expressed the welcome of the headquarters to the first, second and third leaders of the branches of various major regions and provinces.

Then, start placing data.

"In terms of data, I will report on the performance of Qiong Province in December last year."

"There are 11 direct stores in Qiong Province, which will be increased to 22 groups in October."

"Each group, keep 1 independent designer, bring 4 room measurement assistants and 2 Cad drawing assistants."

"Each group completes an average of 8 orders per day."

"The direct store in Banshan Peninsula in Haishi City, with the data in December, 22 groups completed a total of 4,576 orders."

"Each order, the average is 40 projection areas, total: 183,040 projection areas."

"Total order amount: RMB 179.379.200."

"Sales of soft furnishings, home appliances and supporting hardware are: 39.76 million yuan."

"Total sales: RMB 219.139.200."

Set a record for single-store transactions throughout the year.

"The total sales in Qiong Province in December were: 2 billion yuan, 88.768,800 yuan."

"The average sales per store are: 186 million."

"In December, the profit ratio of Qiong Province's direct store business was 26.3%.

"The final calculated profit is: RMB 549.346194.4."

After hearing Cai Tianming's report, the provincial first and second leaders who attended the meeting for the first time were excited.

All shareholders are on the scene.

The data is very clear, 549.34 million yuan, 6194.4 yuan, can be divided into 269.17 million yuan based on 49% of the shares!

This is a month's profit, although December is the peak of sales in Qiong Province.

Even if this data drops by 30%, it will be calculated based on the monthly profit of 200 million yuan, and there will be nearly 2.4 billion yuan in dividends throughout the year.

Although each province has about ten cities, the shareholding is only 200 million yuan per month, and the shareholding ratio is diluted to about 100 million yuan.

….These 100 million are divided by ten major shareholders.

There is also a 10 million profit.

Based on the bank's interest rate, it is worth investing 100 million yuan in principal.

The most important thing is that it is currently only home furnishing business, and e-commerce business is the main focus of the future.

After everyone digested the data, Cai Tianming continued: "According to the headquarters' plan, it involves a large number of store decorations and sample delivery."

"Except for Qiong Province, the opening hours of stores in each province will be scheduled for July 1."

"During this period, the headquarters will be dispatched by the business school teachers, and will be organized by various provinces and at all levels of personnel."

"Please do a good job in training."

In addition to reporting the data of Qiong Province, Cai Tianming made very detailed plans for the work of each province.

Taking Qiong Province as a model, we have made advance layout and improvements in the process of Qiong Province's development, the difficulties faced.

I have carefully shared the development of personnel, etc.

The core of this shareholders' meeting is to provide benign publicity to newly joined shareholders.

It is true that you join the Xinghui Home Furnishing Industry to make money, but you also need to have a full understanding of the difficulties in the process.

Cai Tianming gave a very detailed explanation, starting from the opening of the first Banshan Peninsula direct-operated store in Haicheng City.

After opening 11 direct stores in Qiong Province, talent fission-making has been improved.

People lead people, multi-level training, etc.

All of them were carefully decomposed and analyzed.

The shareholders' meeting lasted for three days, clarifying the focus of work of each county, city and province.

A very meticulous deployment was made for the planning for the next six months.

After the shareholders' meeting, Cai Tianming led the team and took the shareholders to visit 11 stores in Qiong Province and experienced the full process of home furnishing products and services.

Wei Zhijie participated in the entire meeting.

But he did not make an official appearance, but participated in the entire process through video and audio in the sub-conference room.

On the one hand, he did not want to disturb Cai Tianming's work.

On the other hand, the girls at home were very tightly stuck and cried if they couldn't see their father for a long time.

There was no choice but to build a children's playground in the sub-conference room. Wei Zhijie took over his children and listened to the meeting, which was also a precedent for China.

After the shareholders all left Qiong Province with advanced experience, they excitedly went back to supervise the construction of stores and companies.

Wei Zhijie communicated with Cai Tianming and Cai Tianxing alone.

Wei Zhijie said directly: "Although the company has only been developing for more than a year, the company has created unique benefits and speed."

"Although the development speed is very fast, it also exposed the fact that talent is insufficient."

"Although General Tianming has recruited a lot of high-end talents, it will take some time to integrate into the home furnishing industry."

"And because our country is spreading too fast, we have not yet formed an effective mechanism in management."

"In addition, this meeting also exposed some problems, such as it is time for us to own the headquarters building."

Cai Tianming nodded and echoed: "That's true. Putting aside the previous talent and management issues, the group should indeed prepare for the headquarters building."

Wei Zhijie instructed: "As a national company, we should also keep pace with the times."

…. “Although the financial crisis passed last year, there were many unfinished projects in the past that were still on the balance sheet recovered by banks.”

"After tomorrow, we will always look for properties in the Galaxy District, Guangxi City, Guangdong Province, preferably high-rise buildings with a ceiling and unrenovated building."

"Take it all down."

Cai Tianming nodded and said, "Okay Mr. Wei."

After the explanation, Wei Zhijie and Cai Tianxing communicated.

"As planned, e-commerce in Qiong Province will be fully launched on May 1st. How are the preparations done?"

Cai Tianxing is responsible for the construction of e-commerce, and he knows it well.

"The core of e-commerce is

In terms of decorative materials, based on past data, the ratio of customized furniture products to decorative materials should be 1:1.2."

"That is to say, when the owner decorates, the customized home products are 100,000 yuan, so the decoration costs about 120,000 yuan."
To be continued...