Volume 6 Long You Ling Yunzhi Chapter 85 Cash Cows
Lu Weimin didn't tell Qi Zhendong what he was going to talk about that night, but Qi Zhendong still carefully sorted out the operating conditions of Fengyun Communication Services Co., Ltd. last year [Peerless Tangmen]
As the holding company of Fengyun Communication Services Co., Ltd., Dongfeng Communication Co., Ltd., although it is named after him and Xiao Jinfeng, and he serves as the chairman and general manager, Lu Weimin is the largest shareholder. Of course, in order to avoid risks, Lu Weimin used him
In the name of his younger brother Lu Aiguo
The company's performance last year was quite good, and the development speed of paging stations far exceeded their original imagination. The best result they originally envisioned was that the number of users would exceed 10,000 by the end of last year, but they really underestimated the popularity of paging stations among the people of Changzhou.
The admiration and pursuit of gadgets, with new users almost every month since March
The total number of users of Fengyun paging station in Changzhou has reached 13,000 households, which is second only to the paging of the Post and Telecommunications Bureau and the Dentsu paging of the Electricity Bureau. Compared with several other social paging stations,
It's much higher than that. This is also due to Fengyun Paging Station's proactive strategy and large investment in advertising.
According to the plan of Qi Zhendong and Xiao Jinfeng, Fengyun Paging Station in 1994 will strive to achieve the goal of a minimum of 25,000 households and strive to reach 30,000 households. Of course, this goal is somewhat difficult, but the more difficult and challenging it is, the more worth the effort.
"This is last year's financial summary. Last year, a total of 13,000 households were developed. We have reached 30 relay lines. Jingfeng and I plan to expand to 60 lines this year and strive to achieve the goal of 25,000 households.
"After being the general manager for a year, Qi Zhendong has become particularly calm and confident, with the demeanor of a general. "Last year, the gross profit reached 2.8 million yuan.
, excluding various expenses, mainly investment in advertising, the net profit is around 2.2 million. The Meteorological Bureau has discussed the company's dividends with me and Jingfeng, and it will be done in the next two days.
To deal with this matter, they probably need this money to benefit their employees. Even if you don’t invite me and Jingfeng, we will call you.”
Lu Weimin casually picked up the financial statements and looked at them, "What the Meteorological Bureau means is that it pays dividends regularly every year, so they don't consider the development of the paging station?"
"That's probably what it means. They probably didn't expect such high profits from the paging station. They hold 30% of the shares and get hundreds of thousands of dividends. There are not many side employees in the Meteorological Bureau, which is enough for their leaders to celebrate the New Year.
"{Martial Universe}" Qi Zhendong smiled, "I think some of them think that the money is too easy to come by, and it will be troublesome if they have other ideas."
"Well, we have to consider this, Zhendong. I don't think we can talk about dividends so easily. Now the company still rents a house and the annual rent is more than ten or two hundred thousand. I think we can properly consider investing in fixed assets. This can be reported to the Meteorological Bureau.
It was proposed over there that this year the paging station will have to increase investment to further develop users, which also requires liquidity. The Meteorological Bureau must understand that profits are not generated by sitting at home, and that requires scientific and reasonable planning and
A hundred times the effort”
Lu Weimin's words made Qi Zhendong also smile bitterly, "Weimin, don't you know that the people in the Meteorological Bureau are used to poverty, but now that you know there is such a big sum of money to spend, can you still bear to wait until the end of this year to pay dividends?
Wouldn’t that be more uncomfortable than killing them? I’m afraid it won’t work.”
"I didn't say no dividends, but I want them to know that it is not easy to make money. I want them to understand this. I also want them to know the development plan of the paging station, and let them understand how fierce the competition in the industry is now.
Don't let them think that this business is too easy to do. If the mouse wants to beat the cat, it will be troublesome." Lu Weimin nodded, "You should pay dividends. The company's articles of association have provisions, but they must be reasonable, well-founded and restrained."
Seeing Lu Weimin say this, Qi Zhendong breathed a sigh of relief.
Fengyun Communications Services Co., Ltd. was jointly established by Dongfeng Communications Co., Ltd. and the Meteorological Bureau Labor Service Company. Fengyun Communications Services Co., Ltd. holds 70% of the shares, while Dongfeng Communications Services Co., Ltd. is privately invested 180% by Lu Weimin.
Wan, Xiao Jinfeng invested 200,000 yuan to establish it, of which Lu Weimin held 60% of the shares, and Xiao Jinfeng
Feng holds 25% of the shares. He Qi Zhendong has not paid out a penny and holds 15% of the shares. In other words, Lu Weimin is actually the actual controlling shareholder of Fengyun Communication Services Co., Ltd. If he does not agree to dividends
, this matter is really troublesome. The most important thing for Qi Zhendong is to have a tense relationship with the Meteorological Bureau, which will affect the development of the paging station this year.
"Well, Damin, in fact, according to the current development of the company, we have more than a thousand new users every month. I estimate that with the increasing popularity of program-controlled telephones in Changzhou County, especially the rapid development of public telephones
, the development of pagers will usher in a wave of **, we add new user services every month
The cash income from fees can reach more than 300,000 yuan, and starting from March this year, old users from last year will need to pay service fees for the new year, so the company's cash flow is quite abundant this year. If, as you said, you are considering
As for the company’s investment in fixed assets, as long as it is put into the second half of the year, there will be no problem at all.”
Qi Zhendong felt that Lu Weimin's description was quite appropriate. Now the company is like a cash cow. As the scale of development becomes larger and larger, the steady flow of income is like an inexhaustible milking cow.
Lu Weimin is not actually opposed to dividends. He is just jealous of the Meteorological Bureau and has other thoughts.
It's hard to say these days. This paging station is not a high-tech industry to begin with. It was the Meteorological Bureau who didn't understand this industry and were afraid of taking risks, so they gave Lu Weimin and the others this opportunity. Of course, as the competition in the industry becomes more and more fierce,
Just because you don't have high technical content doesn't mean you can stand out. The Meteorological Bureau may not have the courage to come. Lu Weimin just wants to take precautions.
His original intention was to consider dividends. He borrowed 1.6 million from He Keng for the 1.8 million. Xiao Jinfeng scraped together 400,000 from the money earned from the communications equipment sales department, of which he had 200,000.
Wan, Xiao Jinfeng 200,000, Dongfeng Communications Co., Ltd., which Qi Zhendong invested with himself as a shareholder, has already been completed within one year.
The wedding is about to arrive. He and He Keng agreed to borrow the money temporarily for two years. Now he can pay it back in advance. But now the second sister needs the money to build her dream of a health care products kingdom. Lu Weimin plans to pass this time
Divide the dividends and give all the money that belongs to you to your second sister to support your second sister in realizing her own dream.
After determining the principle, several people did the math and found that, excluding the profits belonging to the Meteorological Bureau, Dongfeng Communications Co., Ltd. had more than 1.5 million in profits available for distribution.
Sitting on the sofa, Lu Weimin, Qi Zhendong, and Xiao Jinfeng couldn't believe it all. Although they had known all this for a long time, they thought that there were more than one million in cash for the three of them to distribute, and it had only been less than a year.
As time goes by, once the paging station is on track this year, how big will the benefits be?
"What's wrong? I can't believe it? Or do you still feel like you're in a dream?" Lu Weimin couldn't help but tease Qi Zhendong and Xiao Jinfeng when he saw that both Qi Zhendong and Xiao Jinfeng were in a daze and didn't speak.
"It's indeed a bit unbelievable. I work in this industry, so I should be mentally prepared and adaptable, but when it comes to the final reckoning, I still find it unimaginable." Qi Zhendong sighed, "The purchasing power of the common people has been stimulated.
It was unimaginable when it came out. My prediction was to be number one.
We strive to develop 5,000 households every year. In the second year, we will achieve 12,000 households this year. In the third year, we will achieve 20,000 households. Unexpectedly, we will reach 13,000 households in the first year. This year we will reach 13,000 households.
We strive to achieve 30,000 households. Based on this trend next year, it is estimated that we will have to exceed 50,000 and go to 60,000."
Qi Zhendong breathed a sigh of relief and glanced at Lu Weimin, "Damin, your kid's brain is indeed different from ours. He can think of everything in front of him. The advantage of being one step ahead is that people behind him may not have to work a hundred times as hard.
We can catch them as long as we don’t make mistakes.”
Xiao Jinfeng, who had been silent all this time, also laughed and supported Qi Zhendong's point of view, "Zhendong, if it weren't for this, how could I obey the great people? I haven't seen him have much ability in ordinary times, but this guy can do it at critical moments.
If you can have superior judgment, it’s hard not to accept it.”
"It is precisely this judgment that is the most important. There are too many appearances in front of us. How do you analyze and judge from them to make the right choice? This is the key." Qi Zhendong nodded thoughtfully,
"Da Min, I resigned from the Post and Telecommunications Bureau. My parents almost fell out with me. The girl I had a crush on heard about my resignation and hesitated. Hehe, but I believe in my
Right choice”
"Okay, you two, stop flattering me. I am self-aware. Without you two to support me, this paging station would be a castle in the air. Let alone making money, it would be nothing. You should think about it.
How will it work next year?”
Lu Weimin also told Qi Zhendong and Xiao Jinfeng about Lu Zhihua's plan to develop health care products, and also told Qi Zhendong that he planned to lend Lu Zhihua the dividends to support Lu Zhihua's entrepreneurship. This also aroused Qi Zhendong's idea.
After discussing the health care products market with Xiao Jinfeng, both of them said that it was useless for them to hold the money now, so they might as well lend all the money to Lu Zhihua, but Lu Weimin declined their opinions.
Friends are friends, and business is business. Lu Weimin doesn't want to get involved with them. Whether the second sister's dream of health care products can be realized is still unknown, and the money earned by the paging station is what Qi Zhendong and Xiao Jinfeng have worked hard for a year.
What comes out belongs to them. He doesn't want the feelings between friends to affect these aspects.
The target is 400, please give me some tickets during your vacation!
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