Lu Feng could clearly sense that everyone in the company was frightened by yesterday's events, and many of them didn't understand the law and thought the factory was going to go bankrupt.
"Notify all factories that employees are not allowed to spread rumors in private. Assemble a legal team for me and issue a legal statement. We are not afraid of being sued, but the jurisdiction of the case must be secured on our territory." Lu Feng frowned as he looked at the large pile of financial documents on the table.
"What's the situation in the market? How fast are pharmaceuticals and food products being marketed?"
"We have already submitted the relevant information to the relevant authorities."
“Wahaha’s distribution channels were already smooth, so this time we just distributed the products directly. It was very simple. Moreover, this product has a good reputation. Our new products have also sold well since they were launched. Today, with three products on the market, the total sales should be over one million.”
The marketing manager said, "We have been communicating with Xiaoshan recently. The random inspection has been completed and the product is fine. Their reply is that it can be put back on the shelves for sale within this month. I spoke with the local distributor today."
“Keep pushing forward, don’t give up on those markets!” Lu Feng looked at everyone and thought for a moment before saying, “Alright, let’s talk in the conference room. All department managers and general managers, please come to the conference room.”
"I'll make the arrangements," Gao Zhiwei said, turning his head away.
Zhang Fengxia walked in, tidied up the folder, and said, "This is a big deal, isn't it?"
"A minor issue!"
"I think you'd better be careful."
"It's nothing." Lu Feng stood up, took out a file from his drawer, and said, "You go to the conference room too."
"oh!"
Lu Feng arrived at the conference room ahead of time. As managers and supervisors walked in, many of them looked noticeably less energetic than before. There were forty or fifty people in the conference room, and many of them were looking at each other, their spirits not quite right.
"Cheer up!" Lu Feng slammed his folder on the table several times and shouted, "You're all like wilted eggplants. What? You're trying to play Lin Daiyu in front of me? I'm giving you one minute. If you don't want to work here, if you think the factory is going to go bankrupt, or if you're afraid of being implicated, take your wages and leave now."
After Lu Feng finished speaking, he took out a cigarette from his pocket, placed it on the table, lit it, and leisurely smoked it. For a moment, the atmosphere in the conference room became somewhat oppressive, and many people hurriedly sat up straight.
"Nobody here? Then get to the point. This is a critical moment. Business itself is another kind of war, and the battle cry has been sounded. I admit there's a funding gap of twenty million, or even more, but if we can't win this battle, we'll have nothing left!"
“Yesterday I saw the news and heard some rumors, and some people started to panic. Let me tell you, I'm an entrepreneur. Do you know what entrepreneurship is? It's about fighting them head-on. You're already panicking over such a small thing. What will you do when they launch their attack in two months?”
"I'm not going to talk to you about products, markets, marketing, relationships, or funding. Today I'm going to talk to you about guts. I'm the major shareholder, and I'm not scared, so what are you afraid of?" Lu Feng pointed at the deputy director of the production workshop and shouted, "I saw you when I came in this morning, and you scared me so much you had diarrhea?"
The deputy director, pale-faced and embarrassed, said, "My wife said that since I have shares, this factory is mine too, and if anything happens, she'll arrest me and put me in jail."
"You have shares, not equity. Even if you want to go to jail, they won't take you."
"Don't be afraid, I'll take care of things even if the sky falls. I think this is a good opportunity, a good opportunity to train the team. To be a manager, you not only need to be capable, but most importantly, you need to have guts. If you get scared by the smallest thing, what can you accomplish?" Lu Feng said, looking at Gao Zhiwei and the HR manager. His meaning was already very clear.
"What follows is going to be a tough battle; business warfare is all about money." Lu Feng looked at Manager Li and asked, "How much readily available capital do we have right now?"
"Currently, we have 14.76 million yuan available. This figure is from before the end of April. This is because three factories are about to start construction, and we are adopting the prepayment model. The initial prepayment for these three factories is 17 million yuan, which will be deducted from the special fund. There are also expenses for raw material settlement cycles, water and electricity, employee wages, etc."
"Can we spend this 14 million?" Lu Feng asked directly.
"No way!" Manager Li was startled. This money was their life savings. He said anxiously, "President Lu, our 20 million shortfall is for the second phase of the project, which is expected to be completed next spring. If we spend all of this 20 million, it will trigger the funding gap ahead of schedule."
“This money is to maintain the daily operation of the seven factories. If it is spent, it must be drawn from the special fund. Once it is drawn, the advance payment for the first phase of the project will be enough, but there will be a problem with the final payment in the fall,” Gao Zhiwei explained from the side.
Lu Feng took the documents and looked at them. A total of four factories will start construction this year, and nine will be built next year. As for the daily expenses of the factories, there are other ways to cover them. Lu Feng needs 14 million.
"Show me the current profit statement for canned beverages."
Manager Li hurriedly turned around and waved to the CFO, saying, "Bring me the profit and loss statement."
Gao Zhiwei secretly observed Lu Feng's expression, and had a bad feeling. Based on his understanding of Lu Feng, he was afraid that the 14 million was not going to be saved.
A few pages were brought over shortly. Lu Feng looked at them for a while and found that the profit margin was very considerable. The cost price of the small canned food was only two cents. After various concessions to the distributors, the terminal cost was around six cents. The selling price of one yuan still allowed the profit margin of the small canned food to be 40%.
As for lactic acid bacteria and the like, the profit margin has soared to 390 percent, with mineral water having the highest profit margin at 1,000 percent.
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