Chapter 1616 Annual Meeting



The seventh day after the heavy snow on December 7th and 8th.

Uncle Wan Shuiquan and his whole family finally arrived in Jiangwei.

The old man has one son and two daughters. Among them, Wan Hongjing, whom Wan Feng calls elder sister, is already married.

There is also a girl named Wan Hongyun who is one year younger than Wan Feng and is still unmarried.

When they came down, in addition to grandpa and aunt, eldest brother's family of three and Wan Hongyun, there was also eldest sister Wan Hongjing's lover Lin Hongbo.

He came down here just to take a look, and it is not ruled out that he will work in Wan Qianxiang's factory.

Wan Feng had already cleaned up both the factory and the residence. All they had to do was arrange the jars and cans brought from the truck in the ready-made house.

The place is of course the village-run stamping factory in Jiangwei Village.

The village-run stamping plant underwent an equipment upgrade last year, and this site is a bit too small.

Therefore, this year we built a new factory in Dongshan Industrial Zone and moved there.

This place was rented by Wan Feng.

Wan Feng's plan was for them to start working on it first, and after two years when they had accumulated a certain amount of money, they would then buy a piece of land and build a factory.

The old man has quite a lot of jars and cans in his house, including two Liberation trucks, one of which even has a trailer.

Wan Qianxiang and Lin Hongbo were driving the car, and the old man and the rest of his family came by train.

The yard was filled with all this junk, and it took the family three days to move it all in.

After finishing cleaning up his house, Wan Feng handed over the entire battery factory to Wan Qianxiang.

Of course it’s priced.

Relatives must also be divided clearly.

The equipment of this small factory and its inventory of raw materials were transferred to Wan Qianxiang for a total value of 100,000 yuan, including more than 20 workers.

After Wan Qianxiang took over, the connection was seamless and production was not delayed at all.

The four types of batteries produced by this battery factory, No. 1, No. 2, No. 5 and No. 7, already have regular customers and a monthly gross profit of around 100,000 yuan.

After deducting electricity bills, employee salaries, machine depreciation and taxes, the net profit is about 50,000.

Wan Feng’s 100,000 yuan payment might be paid back before the New Year.

After hearing Wan Feng's detailed explanation, Wan Qianxiang took over the small factory with a confused look on his face.

How could I earn 50,000 yuan in a month without doing anything?

Is this true?

This year's autumn harvest was another bumper year. His family had a good harvest from four mu of soybeans and five mu of wheat.

The soybean yield per mu exceeds 350 kilograms, and the wheat yield per mu is also around 300 kilograms.

This brought his family an income of more than 6,000 yuan again, and they hesitated for a long time whether to move down.

Now looking at it, that 6,000 yuan income is just like air.

If he had taken over in the summer, he would have made 200,000 or 300,000 yuan by now.

When he thought of this, Wan Qianxiang felt regretful.

At this point, Wan Feng's father and his two brothers gathered together in Jiangwei, and they finally put their worries to rest.

Next year, Wan Feng plans to move his ancestral tomb from Changtu County to Jiangweilai, and he has already asked someone to choose a location.

1989 is about to pass, and the summary meeting of the old year is about to be held.

Zhu Yong showed the statistical figures to Wan Feng for review so that Wan Feng would have a better idea of ​​the situation when he presided over the summary meeting.

This year, Nanwan Group is progressing steadily, just like in previous years.

All departments have made achievements and achieved benefits.

In line with the factory regulations of rewarding achievements and punishing mistakes, a large number of rewards will be handed out at this year's summary meeting.

The motorcycle division produced a total of 500,000 motorcycle engines and 400,000 complete vehicles this year.

In 1989, Jincheng Suzuki and Tianjin Honda went public.

China's motorcycle market is no longer dominated by two or three types of motorcycles.

But these did not have much impact on South Bay Motorcycles.

After all, the Chinese market was too big at that time. Although motorcycles were still considered luxury goods, 1.8 million motorcycles thrown into the market were like leaves falling in a flood, disappearing in the blink of an eye.

By December 1989, Nanwan AX100 had been on the market for almost three years. During these three years, the cost of Nanwan AX100 was greatly reduced due to technological reforms and product maturity.

Although the sales price did not increase much, the profit increased a lot.

The sales revenue was 2.4 billion yuan, and the profit was more than 500 million yuan. In addition to paying 100 million yuan in taxes and profits, there was still a net profit of 4%.

The machine tool department produced 600 high-end machine tools of various types this year, almost all of which were bought by the military.

The company achieved sales revenue of more than 500 million yuan and profit of 50 million yuan.

If all these machine tools were pushed into the civilian market, sales revenue would at least quadruple. It would not be a problem for Wanfeng to make hundreds of thousands of yuan from each machine tool, instead of the current profit of only tens of thousands of yuan per machine tool.

However, Wan Feng did not feel any regret. He would never suffer any loss if he had a good relationship with the military. After that, the military gave him a large order of chips worth 500,000 yuan.

It doesn’t matter if the profit is low, as long as there is profit.

Huaguang Technology also generated considerable profits from its learning machines and pagers this year.

However, all the profits from the learning machine were invested by Wan Feng into the semiconductor department, and he only saw the profits from the pager.

Although the pager had only been on the market for half a year, more than 70,000 units were sold, generating a profit of more than 10 million yuan.

Wan Feng believes that the pager business will bring him at least 50 million in revenue next year.

Only the automotive division, newly established this year, had lower profits.

Relying on the sales of 10,000 to 20,000 Sibuxiang vehicles, the automobile department barely achieved a profit of 5 million.

This makes the people in the automotive department feel very embarrassed. Their department's bonus this year is probably the lowest in the entire group.

However, they have more potential to come. Once the dump trucks and trucks are successful, their profits will increase exponentially.

If Yimeng succeeds in tinkering with that half-finished car, then they will be able to hold their heads high in the factory.

Among these departments, the one that surprised Wan Feng was the semiconductor department.

The project, which was originally expected to lose money, unexpectedly generated a profit of more than 10 million yuan due to an order from the military. This is something worth celebrating.

In 1989, the group generated a net profit of more than 500 million yuan, which made Wan Feng very satisfied.

This does not include the more than 20 million in income he received from Qiandang Real Estate and the several million in income from the instant noodle factory and the diesel engine factory.

Next year, the Dongguan motorcycle factory and instant noodle factory will go into production, which will bring him tens of millions of yuan in revenue.

Moreover, the pager market will begin to expand next year, but Wan Feng is not sure whether it will enter a crazy explosive growth period.

However, compared with this year, a substantial increase is inevitable.

Perhaps the group's net profit next year will give him a bigger surprise.

Wan Feng discussed seriously with the people from the logistics department for a long time and decided to hold the annual meeting on December 22nd.

And this day will continue to be held, and every annual meeting will be held on this day.

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