Chapter 315 Entering the Paper Industry
“Okay.” Wang Fengzhi added: “Carrefour Supermarket currently has 31 supermarkets in Hong Kong, 6 of which are under construction. Last year, the total turnover was HK$36.7 million, not counting properties. investment, The net profit is 4.1 million;
But if you include the huge investment in the property, calculated over five years, it will be a loss, estimated to be around 2 million.”
“This loss is not. It’s easy to say that these land buildings are The property also has a market value, and it will also appreciate." Yang Wendong thought for a moment and said, "In this way, just like Changxing Real Estate, Carrefour's properties will be left alone in the future, and the appreciation or depreciation of land prices will not be included in financial statistics, but special records will be kept. ”
"Understood." Wang Fengzhi nodded and said: "These properties were built by Changxing Real Estate. According to the principles you set before, when Carrefour's business is stable in the future, the investment will still be returned to Changxing Real Estate."< br>
Yang Wendong said: "Well, yes, unless I allocate funds specifically, I will need to pay it back; but Carrefour's expansion is not expected to be as fast as several factories, and it may take some time."
Actual On the other hand, cooperation between enterprises is very complex, and the same is true between different businesses within enterprises.
For example, Carrefour and Changxing Real Estate, although the latter is advancing capital, there are also many commercial properties that have obtained higher returns because they are close to Carrefour; that is, because they are owned by the same company, otherwise these interest distribution negotiations will take a long time. .
Wang Fengzhi finally said: "The last one is Watsons. By selling water during this period, Watsons' beverage business turned a profit, earning 500,000 Hong Kong dollars last year;
But Yang The can production line you arranged costs US$400,000 per line. Including the factory building and the initial investment in raw materials, it is estimated to be at least US$500,000.”
Yang Wendong smiled and said: "The investment in large-scale equipment will be converted into five years after the construction starts, and will be spread equally to each drink."
The can production line is expensive, but it is also expensive. The principle is that at the front end there is production equipment that can directly press flat iron plates into the shape of cans, and later there is also a high-temperature sterilization oven production line.
Although the automation is not high and every equipment is manually operated, at the very least, except for the raw materials that need to be outsourced, there is no need to worry about other aspects.
The production line arrived at the beginning of the month and is being installed and debugged. There will be no rest during the New Year. Anyway, foreign engineers do not need to celebrate the New Year. After the New Year, they can start small batch production.
“Okay, I have tried Watsons’ herbal tea, and it is delicious.” Wang Fengzhi said with a smile: “When it goes on sale in the next year, I think it will be very popular.”
"Well, I'd like to lend you some good advice." Yang Wendong nodded and said, "In this case, last year's business situation will be about the same. Please prepare a more detailed report for me after the year;
In addition, We also need to make a property report of all the subsidiaries of the company. , I want to know all the detailed data. ”
Changxing Real Estate focuses on real estate business, but other industries also have their own properties, especially Changxing Industrial, which has many factories and warehouses and has also invested in a lot of supplies. Businessman, owns some properties.
In the early days, the group’s investment in the real estate industry was not large. Even if Yang Wendong could not remember all of it, he still knew most of it; but now the scale is getting bigger and bigger, and the focus shifted last year When it comes to the new industrial layout, he can't remember much.
In fact, it is normal. Ask Li Jiacheng in the 21st century how many properties he owns, he himself probably knows some of the famous ones.
This is one of the reasons why many people prefer office buildings or well-known properties in Central. At least they can remember it, otherwise the reports from their subordinates will just be a bunch of numbers about the area.
"Okay." Wang Fengzhi nodded in agreement and said: "In fact, there are statistics on all the properties of the group. However, due to the rapid development, there will be big changes in a few months. I will arrange a new one after the year. Count it once."
"Okay, thank you for your hard work." Yang Wendong said politely: "After the new year, the company will arrange family group travel benefits in batches for all senior executives. Sister Wang, you can discuss it with your family during the Chinese New Year. What a good place to go.”
The company’s senior leaders also need to win over. After all, they are also veterans, and they are also needed for the normal operation of the company.
This is true in any large company.
Wang Fengzhi said with a smile: "Thank you Yang Sheng."
At noon, Yang Wendong came to the Kwun Tong Industrial Park.
"Yang Sheng, you didn't tell me in advance when you came. I'm not even ready." Wei Zetao said with a smile.
He didn’t find out until the boss arrived. Although he wasn’t worried about any surprise inspection, it was still good to be a little prepared.
Yang Wendong said nonchalantly: "It's okay, it's just Chinese New Year, I'm here to take a look."
"Okay." Wei Zetao asked again: "Yang Sheng, it's almost noon now, how about we go to a nearby hotel for a quick meal and then visit the factory in the afternoon?"
Yang Wendong said: " No, just eat in the factory cafeteria. The food in our cafeteria should be similar to that of a normal restaurant, right?”
Wei Zetao replied: “It’s almost the same as a normal restaurant. I can only say that there are normal meat dishes, but it’s definitely not as good as that of a normal restaurant.” We go to a slightly higher-end hotel.”
“It’s okay, just be normal.” Yang Wendong naturally didn’t care, and said, “Just eat in the cafeteria, we can go together, no one else needs to follow, I will. It’s been a long time since I’ve eaten this kind of ordinary food.”
This sentence is true. Although he never cares about food, after all, his status is here. When he is at home, there is a dedicated chef in charge. There are also dedicated life assistants in charge.
Coupled with the fact that he is often very busy and has hygiene considerations, he has indeed not eaten street food or ordinary fast food for a long time.
"Okay, Yang Sheng can also give some guidance on the taste of our factory." Wei Zetao also knew that he could not change the boss's intention.
Then the two came to the canteen, while the others dispersed.
At this moment, there were many people in the canteen. Yang Wendong asked: "Is this the only canteen in our factory?"
Wei Zetao shook his head and said: "No, there are three in total. In the earliest days, there was only one. , later I found that the food in the canteen was getting worse and worse, and I changed the supplier but it was still the same;
When the factory had more people, it opened two more factories. All employees, including the management, came to the cafeteria with stamped meal tickets to buy food and eat. They were free to choose which one the employees were willing to go to. "
Yang Wendong suddenly became interested and asked: "Are the meal tickets allocated according to price? Are the food prices different? "
Wei Zetao explained: "No, one ticket can be exchanged for one meat and one vegetarian meal. Meals are free. Each worker can receive the corresponding meal ticket according to the working hours. One ticket only for 8 hours of work. Two tickets for 12 hours.
As for how to mix meat and vegetables and how to let employees choose, that is left to the three suppliers. Based on market principles, they will find ways to compete on their own. "
Yang Wendong asked again: "Then wouldn't there be nothing to eat in the morning? ”
Wei Zetao paused and said, "Yang Sheng, most people don't actually eat breakfast. However, there are buns and steamed buns sold at the entrance of the factory and dormitories. Workers need to spend their own money to buy these."
< br>"Oh, that's okay." Yang Wendong nodded and asked: "Then you are not afraid that the bosses behind these three canteen suppliers will negotiate a monopoly?" Wei Zetao said: "It is possible, but our meal tickets can also be traded, because some people live in the dormitory and want to go to the canteen to eat during their break, or some people want to bring food back to them. Family.
And some people want to save money, they You may eat more at lunch and then go home to eat at night.
There are even people who bring their own meals instead of eating in the canteen. We don’t agree with this, but we don’t stop it. It’s different now in our factory. Most of the workers are reluctant to eat.”
"Yes, there is competition with outside business." Yang Wendong nodded and said: "This way it is impossible to monopolize, because many people can choose to eat out."
Wei Zetao said with a smile: "Yes, Another advantage of this is that we can see the quality of the canteen based on the fluctuations in the price of employee transaction meal tickets;
The higher the price, the better the canteen is. The food is better because everyone wants to eat in the canteen. On the contrary, we will investigate whether there are any problems in several canteens. "
Yang Wendong praised: "It's good, we will control it in a market way, and then we will do it again. If you have a large factory, you can refer to this."
Wei Zetao said: "This is also based on experience."
"Okay."
Soon, the two of them got the food. It was a simple combination of meat and vegetables, with more choices. Yang Wendong wanted a potato-roasted chicken nugget, plus a soybean tofu;
“Are there no pure meat dishes?” Yang Wendong asked again.
Wei Zetao replied: "Yang Sheng, the cost of pure meat dishes is too high. Generally, meat dishes are mixed with meat and vegetables in this way, and there is enough oil soup. Many workers like to eat rice with oil soup. I’m full.”
“Yes, okay.” Yang Wendong nodded.
In this era, it is impossible to compare with the mainland, which had the lowest PPP (average purchasing power) in the world in its previous life. Especially due to the immaturity of transportation refrigeration technology and high costs, Hong Kong's import costs are still high, whether importing from the mainland or Southeast Asia.
After lunch, the two of them walked around the workshop and came to the administrative building in front of the factory:
Yang Wendong said with a smile: "Changxing Industrial's achievements this year, I I have also received it from Sister Wang. It is very good and the annual interest rate is In terms of profit, it is estimated that few companies in Hong Kong can surpass it, and these companies are involved in many industries.”
According to Jardine Matheson’s annual report, its net profit last year was HK$143 million, but this is. It is the profit of all industries, including overseas.
Several other large foreign banks have not been listed on the market, so it is difficult to know the specific data. However, the only ones that can reach the level of Changxing Industrial are HSBC, Swire and Wheelock.
The top Chinese companies, such as Hang Seng Bank, Bank of East Asia, and Kingsoft Shipping (owned by Dong Haoyun), are estimated to have profits in the tens of millions of Hong Kong dollars, but they should not reach the level of 5,000.
And Changxing Industrial is just a member of Changxing Group.
However, other industries are still on the rise, so even if they are added, looking only at net profits will not be of much help to the group.
Wei Zetao said awkwardly: "This is all thanks to Yang Sheng. At present, more than 90% of the revenue of Changxing Industrial comes from the industry originally formulated by Yang Sheng. Even though there are hundreds of people on our side, We have a R&D team, but the total revenue is only over 20 million.”
“This is going to happen slowly, and the product line must be gradually enriched.” Yang Wendong said with a smile: “I also hope that you can also develop it. Develop hot-selling products like sticky notes or trolley cases, but this kind of thing takes time to accumulate.”
"Yes." Wei Zetao replied.
Yang Wendong added: "As a business, we cannot rely entirely on creative research and development. This thing is equivalent to winning the lottery. We will be happy if we have it, but if not, the business also needs to find a way out.
So including 3M, in addition to R&D creativity, there are four aspects of efforts, the first is channels, the second is technology, and the third is It is the industrial chain, and the fourth is the brand.
Nowadays, the scale of Changxing Industrial is not small, the market share of several main products has also slowed down, and production capacity is not a problem at present, so we need to develop these four. direction. ”
Even 3M, whose R&D capability is a hundred times that of Changxing Industrial, has only had a few hit products over the years.
What supports 3M to become one of the top 50 companies in the world is not these popular products, but their large amount of technology accumulation and industrial chain expansion;
For example, in the field of glue, 3M is the absolute king, wherever it is needed. , including aviation, medical, automobile, industry, home appliances, deep sea, shipbuilding industry, etc., which all have corresponding tapes or glues.
As for channels and brands, they are the inevitable results of long-term operation after gaining strength.
After listening, Wei Zetao said: "The most core thing is technology and industrial chain. Channels and brands need a foundation."
"Yes, so our focus is Technology and industrial chain." Yang Wendong nodded and said: "In terms of technology, judging from the current products of Changxing Industrial, it is mainly about plastics and various appearance designs. The current requirements are not very high.
As for the industrial chain, I have thought about it and prepared to enter the paper industry at the right time. "
Wei Zetao smiled and asked: "Yang Sheng, are you planning to make paper in Wanwan? "
"You understand my thoughts quite well. "Yang Wendong smiled.
Wei Zetao replied: "Actually, I have already considered the issue of entering the paper industry. Hong Kong's paper needs to be imported, and together with our demand for post-it notes, it is enough to meet the needs of a medium-sized company. Paper mill.
It’s just that the paper mill pollutes a lot, requires a lot of chemicals, and requires a lot of water. It’s not feasible to put it in Hong Kong, but it’s the best choice to put it in Wanwan, which is also a gathering place for Chinese. ”
"Well, and there is such a paper mill over there in Wanwan, just hire the team directly." Yang Wendong said again.
Wei Zetao smiled and said: "Okay, actually I have already done some research in this area in Wanwan."
"Very good." Yang Wendong asked again: "What about Wanwan? The paper mill here, where does the raw material come from? Is it wood pulp or waste paper?”
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(End of this chapter)