The next morning, Jiang Xiaoli and Zong Jia went to the "Jinghua Center" together.
Ren Zhiyi called her last night to invite her to a meeting at the company today so that everyone could get together to discuss the development plan for "307" next year and the year-end bonus ratio.
The small shareholder meeting room set up by "307" in "Jinghua Center" is much more spacious and impressive than the one in "Jiang's Building".
Jiang Xiaoli chuckled and said, "As expected, it has to be a new building; it's so spacious."
Hu Jingxin sat down next to her and asked curiously, "I heard from A Yuan that Zong Jiayu is looking into buying land and planning to build an office building for you?"
Yan Chengcheng was hearing this for the first time, and her eyes widened in disbelief. "This is what a simple, unassuming old married couple looks like?"
Jiang Xiaoli smiled and shrugged, "He just can't hold onto those few coins in his pocket. I thought it would be better to spend them wisely and all at once. If he loses them, he won't bother anymore."
Yan Chengcheng covered her ears and said with a pained expression, "I really feel out of place with the three of you who have husbands and boyfriends!"
Ren Zhiyi came over and hugged her, saying, "Chengcheng, it's okay, you still have me!"
"Waaaaah, Zhiyi, thank goodness I have you!" Yan Chengcheng cried pitifully. "With someone to keep me company, I don't feel lonely anymore."
Chang Yue couldn't help but complain, "You come home with a dozen cats to keep you company, how can you feel lonely?"
After graduating, the two moved into "Huarong Yayuan". In order to make full use of all the cat facilities in her house, Yan Chengcheng went through various channels to buy more than a dozen beautiful kittens.
Her family now has two housekeepers. While other people's housekeepers cook and clean, her housekeepers are responsible for feeding the cats, grooming them, and cleaning up their litter boxes.
Yan Chengcheng didn't answer her question, but turned around and asked, "Yeah, Xiaoli, didn't you say you wanted to come to my house to see the cat? You're finally out of confinement, when are you planning to go?"
Jiang Xiaoli thought for a moment and said, "How about today? There's no time like the present."
"no problem!"
After chatting for a while, Ren Zhiyi clapped her hands and said, "Let's get down to business."
Everyone stopped chatting and looked at her. She began to speak, "This year, the development of our '307' has entered a fast track."
Since its opening on May 11, "Sanqi Youpin" has been a hit. With the increase in the number of stores, sales have been rising steadily, and the business of "Five" and "Pentagon" is also steadily improving.
Since its official launch, the "Franchise Center" has received over 3,000 applications. After screening, more than 400 applications met the franchise requirements, and 79 franchise stores have already officially opened for business.
Hu Jingxin couldn't help but exclaim, "I really didn't realize how well we've developed this year until I saw the summary data!"
Yan Chengcheng said with a smile, "I don't know about the others, but just looking at how busy the factory is, this year's total turnover is at least two to three times higher than last year."
Ren Zhiyi smiled and said, "There are two main topics we've gathered here to discuss today. The first is the company's development plan for next year, and the second is the profit distribution at the end of this year. These two topics are interconnected."
She took a sip of coffee and continued, "Let me first share my thoughts. '307' is currently in a phase of rapid development."
We face a lot of competitors, and it's like rowing against the current – ​​if we don't move forward, we'll fall behind. We need to set aside enough funds to deal with all sorts of unforeseen events.
Currently, the company has nearly 300 stores across its three brands, including directly operated and franchised stores. The Jinshi Garment Factory and the Baocheng Garment Factory, which was acquired at the beginning of the year, are both operating at full capacity.
If we continue to open new stores and approve franchise stores next year, we will have no choice but to outsource some of our orders. Increased costs are a minor issue; the defect rate of our products will definitely rise, which will directly affect our brand reputation.
Finally, some of our current self-operated stores have prime locations that we purchased. With property prices constantly rising, if we continue to use this model to expand our stores in the future, the capital required will be enormous.
Based on the above points, my opinion regarding the mid-year dividend this year is to distribute less, leaving most of the funds for the company's working capital.
"By seizing the development opportunities of these past two days, we have many more days of dividends to come. What are your thoughts?"
Yan Chengcheng was the first to speak up, "The factory is under too much pressure and really needs to expand the factory area and add production lines."
You may not know this, but the workers in both factories are working three shifts and they are almost unable to keep up with the demand. They have been persevering for several months and it has been really tough for them.
Such a high intensity of work would be unbearable not only for the workers, but also for the machines.
Regarding profit sharing, I don't mind receiving a smaller share. It's much better than having to raise capital ourselves back then. As long as the big boss gives me a share of the money for raising cats, that's fine!
Hu Jingxin continued, "This year, the prices of prime retail spaces in shopping malls and good storefronts with high foot traffic on the streets of various cities have increased significantly compared to last year."
Looking at this trend, it will only get higher and higher in the future. On this point, I think Xiaoli's decision to let us buy a prime storefront was correct.
However, doing so would require a significant amount of money; we've truly entered a stage where money is needed everywhere.
But the more this is the case, the faster we should expand our stores. Brands like "Sanqi Youpin" have already emerged, and we need to ramp up our efforts to compete with our peers for market share.
After listening to their conversation, Chang Yue simply said, "The company has paid off all its previous bank loans and its financial situation is very healthy."
"307 is very profitable, but there are also many areas where we need to invest money right now. I have no objection to the dividend distribution; I'll listen to everyone's opinion."
After the three of them expressed their opinions, Ren Zhiyi smiled and looked at Jiang Xiaoli, "Boss, what do you think?"
Jiang Xiaoli chuckled and said, "I completely agree with the company's development plan. Now we just need to give it our all."
While strengthening its own capabilities, it competes with its peers to seize more market share.
Regarding the profit sharing, I think it's appropriate to distribute a smaller amount, but it shouldn't seem too stingy. The company's profit sharing involves more than just the five of us; it also includes several senior executives like Qian Yi.
We can agree to a smaller share of the profits for the sake of the company's future development, but we can't use that as a reason to make empty promises to these hardworking senior executives.
Everyone has worked hard all year, and they deserve the year-end rewards; otherwise, next year's work will be difficult to advance.
Ren Zhiyi nodded in agreement, "That is indeed a problem. I have great confidence in Qian Yi and the others' work abilities, so what number should we set?"
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