"Okay, Baosheng."
Jia Yuezheng continued his report, "Currently, Miracle Games is valued at $2.5 billion, and is expected to reach $3 billion by mid-year. Once revenue is remitted from overseas, we anticipate last year's net profit will be available by mid-year. It's estimated to be close to $750 million."
"Secondly, after equipment upgrades and renovations, the Miracle US OEM factory is now valued at $42 million and employs approximately 1,800 people. Most of its current orders come from well-known US and European brands, and its net profit last year was $9 million."
"Miracle Auto previously developed several models, but sales were so low that they were discontinued and redeveloped by the Automotive R&D Center. They are currently in the testing phase. Miracle Auto is currently valued at $30 million, with a negative 25% profit margin, and its operations are subsidized annually by the parent company."
"The automotive R&D center has purchased a large amount of new equipment and is now valued at $78 million. This valuation has increased due to the recent development of the quattro four-wheel drive system technology. Currently, there is no revenue and the operation is subsidized by the parent company."
"Currently, the main sources of profit are Miracle Games and Miracle Auto OEM, and the rest are subsidies from the parent company's investment and operation."
Miracle Group's total profit last year was estimated to be around US$409 million, of which Miracle Games dividends accounted for about US$400 million.
......
Bao Junyi said seriously, "The company is still in its early stages. I hope everyone will work hard. There are many vacancies, so I'm not keen on hiring from outside. I'll prioritize internal promotions."
All the managers of Miracle Group became excited. For them, the opportunities were greater and everyone wanted to go further.
Bao Junyi glanced around and continued, "However, the group adopts a system where the best are promoted, the weak are demoted, and the bottom are eliminated."
"However, the company has decided to increase the salaries of all employees, including management, by 20% starting this month, and the company will consider an equity incentive plan later," Bao Junyi said with a smile.
Bao Junyi glanced at the executives below, watching their expressions change, but didn't say much.
Bao Junyi continued, "Appoint Jia Yuezheng as Deputy General Manager of the Group, temporarily responsible for scheduling and coordination. Appoint Michael as General Manager of Miracle Automotive and the R&D Center. The US automaker is tentatively scheduled."
"At the same time, the group will establish another company, Miracle Security Company, with Wang Gang as the tentative head."
Bao Junyi thought for a moment before saying, "All orders for Miracle Games, Miracle Auto OEM, and Miracle Auto shipping business will be handed over to Global Shipping for transportation."
... "Love is always there, no matter how far we go. Can you please vote for me?"
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