Bao Junyi frowned and said, "Please come in."
Secretary Qiu Shuzhen hurried in and whispered in Bao Junyi's ear.
"Mr. Bao, Governor Murray MacLehose's secretary just called and invited you to a dinner at their house."
"Moreover, they expressed their dissatisfaction with your investment in the mainland."
Bao Junyi nodded and continued, "It's okay, let's continue with the previous topic."
"Although the group has made good profits this year, the US Federal Reserve is raising interest rates to curb inflation. I predict this is just the beginning, and they will intensify their efforts to curb inflation in the future. As a result, our market in the US will be greatly affected."
"So, I hope everyone will continue to work hard to maintain the group's high growth. The reward is that the year-end bonus will definitely be generous."
All the executives in the conference room were very excited because every year Miracle Group would give a large sum of money as a year-end bonus to those who had made contributions.
Bao Junyi continued, "Then let's talk about tomorrow's group budget."
Jiang Wenlong stood up and said embarrassedly, "Bao Sheng, our R&D center's R&D funding is expected to be around 2.23 billion US dollars next year."
boom!
The senior executives in the conference room were all surprised.
Will the R&D center’s funding increase again this year?
If it is 2.23 billion US dollars, it is about 12 billion Hong Kong dollars.
Jiang Wenlong was anxious and said quickly: "But, let's get the results.
"Miracle cars, miracle chips, aircraft engines, etc., are all developed by our Miracle R&D Center."
Walker beside him quickly explained, "Yes, the aviation engine we developed has been successfully tested, and we will produce a prototype for flight testing in about a month."
Charles Walker had no choice because the increased R&D funding also came from an increase in their aviation manufacturing.
Bao Junyi stretched out his hand and pressed it, saying, "I know the funding for the Miracle R&D Center. It's the heart of the Miracle Group. I've approved this R&D funding."
"However, next year, the miracle chip must achieve a breakthrough on its existing foundation, and the prototype equipped with the new aircraft engine must be tested as soon as possible, and mass production must be achieved next year."
"This is my request. Otherwise, the group will be dragged down by your R&D center."
Jiang Wenlong and Walker nodded seriously and said, "No problem, our R&D center will do its best to overcome it."
"Very good, I approve it then."
All the executives present were silent. They also knew the importance of the Miracle R&D Center, but with huge annual R&D investments, ranking among the top three internationally, they were worried that the high R&D funding would drag down the group.
Bao Junyi continued to look at Liu Mengmeng and asked, "What other expenses does the group have now?"
"Currently, the Miracle Group is demolishing and renovating the Bank of China Building. The total investment is HK$5 billion (approximately US$1 billion), allocated in three phases. Construction is expected to be completed in about three years and will become a new landmark building in Hong Kong."
"At the same time, including this mainland investment in the luxury resort hotel project in Pengcheng, the Lujiazui project in Shanghai, the Grade A office building project, and the high-end villa complex project, the total investment is approximately HK$5 billion (approximately over US$1 billion), which will be allocated in four phases and is expected to be completed in three to five years."
"Secondly, Bao Sheng will purchase a large number of light industrial products in the Jiangnan region of mainland China and sign a long-term contract, estimated to be around HK$300 million. All goods will be shipped at the port of Shanghai and shipped to the Bear Country for trade."
"Finally, Wharf Properties is currently cooperating with four major real estate companies in Hong Kong on the development, so there's no need to pay any money. However, Miracle Heavy Industries estimates that it will need to invest $500 million for dock expansion, personnel recruitment, and the introduction of new equipment..."
Bao Junyi interrupted directly: "Director Liu, just tell me, how much does the group expect to spend next year?"
Liu Mengmeng thought for a moment before saying, "It's estimated to be $3.156 billion, but the group currently has no debt."
Bao Junyi nodded and said, "The group has gone from negative growth every year to a balance between income and expenditure, and even a surplus."
"Very good! Next year, the full production of Miracle Chips, the successful development of aircraft engines, the launch of Miracle Auto's new products, and the successful testing of sports cars all indicate that the group's funds will increase significantly next year."
"I hope everyone will not let up, as every company is only 365 days away from bankruptcy."
Through this meeting, Bao Junyi gained a general understanding of the group and arranged the layout and tasks for the next year.
The meeting lasted until the afternoon.
Bao Junyi looked at the time and it was almost time for his appointment with Murray MacLehose.
I arranged for a driver to go to the Governor's House to keep the appointment.
At this time, in MacLehose's house.
Mrs. MacLehose, Deng Liping, asked curiously, "Sir, why did you invite Bao Junyi to your house for dinner?"
"Is there something important?"
"Something happened recently, so it's not convenient to have a meal and talk outside."
"Could it be related to Eagle Country? Otherwise, you wouldn't have invited him to your home."
"Yes, the Queen has requested that Hong Kong's wealthy individuals expedite the transfer of assets back to Eagle Country."
"The Eagle Country's economy is not in good shape right now and urgently needs external capital to inject vitality and replace old industries with new ones. This has led to a weak economy and slow growth."
"But there's no need to be so hasty."
"Is it possible?"
"Haha, Madam is smart. The Queen is still worried about the mainland and the issue of launching a war to reclaim Hong Kong."
"That's not..."
Suddenly, there were hurried footsteps.
The housekeeper came over quickly and said, "Sir, Madam, the baby is born."
"Mr. Governor, I am sorry to bother you again."
MacLehose changed his expression and said with a smile, "Bao Sheng, come on! All that's missing is you to start eating."
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