Chapter 150 The meeting ends



"Shen Gu You Lan currently has a total of 122 employees, and we are still recruiting relevant personnel. We are divided into three major business departments: R&D, Purchasing, and Store Management. We have already developed more than 50 products."

"We launched different flagship products according to the different seasons. On January 1, 1984, at the beginning of the new year, we opened our first store in the Taikoo City Plaza shopping mall in the Eastern District of Hong Kong Island, covering an area of ​​about 2,000 square feet."

"It was an instant hit on the opening day, attracting a large number of high-end customers from the surrounding area. Sales that day reached 220,000 Hong Kong dollars, especially the signature bubble milk tea and various Western-style cakes, which were sold out."

"We've been open for ten days now, and our daily sales are consistently above HK$150,000. The lowest profit margin is around 80%, and some high-end milk tea shops can even reach 90%."

"Our current plan is to build a milk tea raw material processing factory as soon as possible to ensure the supply of raw materials, while also planning the next store."

“..........”

Then, Executive Vice President Yang Mingyu told the story of Shengu Youlan with a happy look on his face, which immediately stunned and even shocked all the senior executives present.

"Is milk tea so profitable? This can be said to be making a fortune every day." Manager Li Yunfei, who is only interested in something for a short time, muttered to himself.

"This is too profitable! The profit margin is even higher than that of the fragrant duck." Li Wei couldn't believe it. He didn't expect that a small amount of milk tea could have such a high profit.

Mo Zhexuan was a little surprised when he heard this, but he thought it was natural. In his previous life, various milk tea brands emerged one after another, and almost every brand made a lot of money because of its extremely high profit margin.

"Boss Yang! Deep Valley Orchid is developing very well. You must seize the opportunity to seize the market. Such a high profit margin cannot be concealed from those with ulterior motives. There will definitely be a large number of followers."

"Mr. Mo! The most pressing issue we need to address right now is funding. We only have over 5 million yuan left in our company account, which is far from enough to build a raw material processing plant and continue running stores."

“How much funding do you need?”

"We estimated that the land and construction of the factory would cost at least HK$20 million, plus the recruitment of staff, the purchase of machinery, etc., a total of HK$100 million."

Yang Mingyu was overjoyed when he heard this and quickly put forward his request. He had contacted Mo Zhexuan countless times during this period, but the plan could not be implemented smoothly due to the funding gap.

"I'll give you 200 million Hong Kong dollars, but I also have requirements." Mo Zhexuan pondered for a moment and said lightly.

"What do you want?"

"Within three months, I hope that Shengu Youlan will have at least 20 stores, with daily sales reaching HK$5 million and a gross profit margin of 70%. This is the minimum requirement."

"Of course, if you exceed the target, I will give you shares based on your performance. If you fail, then only the most capable person can take over."

As soon as these words were spoken, the huge conference room fell silent, and everyone's eyes turned to Yang Mingyu, waiting for his choice.

Mo Zhexuan fully agreed with what Dong Ge, who had no idea of ​​his wife's beauty in his previous life, had said. "I didn't invite you here to prove that my decision was wrong. I invited you here to implement and execute my decision!" If there are any difficulties, you have to find a way to complete it.

This is the privilege of being a boss. I only make requirements and tasks. Whether you can complete them is your business. If you complete them, you will get bonuses and even stocks. If you fail, I will replace you with someone more capable. This is the workplace.

Yang Mingyu's face kept changing, and his heart was full of entanglements. This task was not so easy to complete. The most difficult part was setting up the supply chain. The selection of so many raw materials could not be completed in a short time.

But now he was in a difficult situation. If he didn't agree, he would definitely lose Mo Zhexuan's trust and eventually be marginalized. If he agreed, there was still a glimmer of hope. He gritted his teeth and said calmly:

"Mr. Mo! Don't worry! I will definitely give you a satisfactory answer in three months."

"Okay! Then I'll wait and see." A hint of admiration flashed in Mo Zhexuan's eyes. Responsibility and courage are the most important qualities of a person. Without them, how can one convince others?

"Mr. Mo! The current situation of Three Minutes of Heat is not optimistic. We are suffering heavy losses. Since we implemented your strategy of making the newspaper free, we have been boycotted by almost all newspapers in Hong Kong..."

Li Yunfei, who was only interested in the topic for a short period of time, saw that it was finally his turn, so he quickly spoke up. He had been suffering a lot during this period. Since the reform of "Three Minutes of Enthusiasm", he had both money and people. Almost all the editors-in-chief of major newspapers had been poached, and the magazine was in a strong position.

But unexpectedly, the two giants, Sing Tao Daily and Oriental Daily, chose to join forces and suppress "Three Minutes Fever" through their channels, which almost eliminated the advantages of the free strategy implemented by "Three Minutes Fever".

"Mr. Li! Don't worry. I only have one request for 'Three Minutes of Heat' right now, and that is to grab market share. As for how much money I lose, that's not a problem."

"Aren't newspapers like Sing Tao Daily and Oriental Daily trying to stop us? Why don't you hire some temporary workers to distribute newspapers for me for free throughout Hong Kong, bypassing those newsstands and newspaper offices?"

"Although we are publishing a free newspaper, the quality must be guaranteed. This is what I require of you."

A sharp light flashed in Mo Zhexuan's eyes. He had always wanted to retaliate against the Oriental Daily for its slander, but the reason he did not take action was mainly because he was not strong enough at the time. Besides, although the two brothers of the Ma family left Hong Kong and fled to Taiwan, their strength was still there, so they did not fight to the death.

But now that his foundation has been established, it is time to solve this cancer. At the same time, the newspaper empire plan should be officially launched. Only in this way can he control the discourse power of public opinion, and no one will be able to attack him through public opinion in the future.

"Mr. Mo! I promise to complete the task." Li Yunfei said with a slightly bitter look on his face. Although owning his own printing factory could reduce costs, nearly tens of thousands of newspapers per day was not a small number!

"Mr. Li! Mr. Yang! The fundraising for the three-minute advertisement has not started yet, you must seize the opportunity!" Mo Zhexuan looked at Li Wei and Yang Mingyu again, and the meaning of his words was self-evident.

"Mr. Li! Fragrant Duck has just been launched on the market. Now is the time to expand its influence. We can invest 10 million Hong Kong dollars to buy a front page in the newspaper." Li Wei immediately said to Li Yunfei.

"Mr. Li! Shengu Youlan can invest 5 million Hong Kong dollars, and also needs an advertising window." Yang Mingyu said immediately afterwards.

"No problem! I'll ask my men to arrange it when I get back, and I guarantee you two will be satisfied." Li Yunfei said quickly with a smile on his face.

Afterwards, senior executives from various departments of the company spoke actively and enthusiastically. Effective suggestions were adopted, while unrealistic ones were rejected. The meeting came to an end after two hours.

At 12:30 noon, in the company cafeteria's private room, a group of people happily enjoyed the delicious food, which included all kinds of cuisines. After eating and drinking to their heart's content, they returned to their respective posts and continued to work in the afternoon.

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List