Chapter 376 Meeting



Zhang Fengxia chattered on about recent events, mostly about her personal life, such as which boss wanted to introduce her to a potential partner when she went out to attend events.

"Oh, right, my family called and asked if I've found a partner yet. I'll be getting on in years after the New Year." Zhang Fengxia sighed and looked at Lu Feng.

"Why are you looking at me like that?" Lu Feng was a little afraid to look her in the eye and said, "I don't know any boys your age."

Zhang Fengxia rolled her eyes and said, "I'm not asking you to marry me, so what are you feeling guilty about? I told them I don't want to date before I'm thirty. Right now is the peak of my career, and if I get distracted by a relationship, what if you fire me?"

"If there's a suitable candidate, we can talk to them. We can look for some of the CEOs' sons; there's bound to be some outstanding ones."

"More outstanding than you?"

Lu Feng had no answer to this, so he could only sit there, pick up his water glass, and take a sip.

Since the conversation about personal matters had stalled, Lu Feng took the initiative to steer the conversation towards work, asking, "Have you managed to raise the 80 million?"

"Yes, it's just waiting for your signature. It's on your desk. We still have a surplus of over eight million, which is enough for daily operations. Production has caught up, and General Manager Zhu has been busy with the market. He even went to ask about the financial situation half a month ago, asking if we could allocate some money to the marketing department."

Lu Feng nodded. Once the current debt crisis is overcome, everything else is a minor issue. At this rate of profit, he can pay off all his debts within a year with a little effort.

“The 50 million yuan bond will mature next year, and there’s still 200 million yuan from the bank!” Zhang Fengxia put down her chopsticks and said, “I think it’s better to lighten the load. Too much debt will affect the company’s development.”

Lu Feng shook his head, disagreeing, and said, "Debt is not a problem. Long-term debt-financed operations are also acceptable, as long as the market continues to grow. Market competition is fast-paced and unpredictable. One wrong step can make all the difference."

This is a common problem faced by many companies. Market competition is fierce, requiring a lot of cash to burn. Bank loans and mortgages are simply not enough to generate enough cash to keep them afloat, so they have to frantically dilute their equity to get a brief respite.

Otherwise, you'll die!

That's true, but a certain Mr. Ma can interpret it as, "I never wanted to be the richest man from day one, otherwise I wouldn't have diluted my shares so much."

This sentence shows what the art of speaking is: turning something you had to do into something you voluntarily did, demonstrating noble character!

No CEO wants to dilute their equity. Once a company goes public, it's all about making money. However, if you want to obtain a large amount of funds in a short period of time and dominate the market, you have to do this.

"Finished eating? Let's have a meeting!" Lu Feng stood up and glanced at the time. It was already 7:30 in the evening. He said, "8:30, small conference room. Also, call that... Wei Yandan over."

"good!"

At this level of meeting, a vice president like Wei Yandan is not qualified to attend. She is the vice president of a second-level department. Those who meet with Lu Feng are the heads of first-level departments. Zhu Lidong is in charge of the marketing department, Zhang Fengxia is in charge of overall internal management, and there are also human resources, finance, production, etc. Now there is a subordinate sales department, which was spun off from the marketing department.

Although Wei Yandan knew she might be promoted, she didn't expect to be able to attend a meeting of this level. She was a little nervous and ran back to her office to find a washed white shirt to change into.

I wanted to change all my clothes, but I didn't bring them with me.

Half an hour later, everyone knew that President Lu had returned. Forget about eating, they first asked the vice presidents and the specific persons in charge for data, so as not to be asked questions and be unable to answer them.

If you're stumped by President Lu's question at the executive meeting, that could be a big problem. If your performance doesn't improve afterward, you might have to leave.

At 8:20, the small conference room was brightly lit, and almost everyone had arrived. They were whispering among themselves about what the meeting would discuss, and everyone present noticed that Wei Yandan was there.

"Which department are you from?" someone asked suspiciously.

With one more person, there's a possibility of creating another department; rumors about the reorganization have been circulating internally for quite some time.

"President Tan, I am the Vice President of Administration." Wei Yandan, sitting in the last seat, answered the finance manager's question somewhat nervously.

"What are Zhang's men doing here?"

"President Lu sent me here to broaden my horizons, and I'm a little nervous now."

Upon hearing this, everyone present looked a little off. President Lu had only been back for a few hours, so why did it feel like he was about to make changes to all the departments?

A moment later, Zhu Lidong walked in, nodded to everyone, placed the folder on the table, and unbuttoned his suit jacket.

Lu Feng spent some time in his office reviewing the recent reports. Everything seemed to be on a steady upward trend. The subsidy war at the market terminals wasn't as fierce, and people's enthusiasm for buying had mostly worn off.

After all, nobody sees prices dropping every day; after three months, they'll stop caring.

I put several documents into a folder, took my things and headed towards the conference room. On the way, I ran into Jiang Xiaoyan, chatted for a bit, and then went into the conference room.

As Lu Feng walked in, everyone stood up and paid their respects to him.

"Please sit down!" Lu Feng waved his hand, gesturing for them to sit.

Lu Feng sat in the main seat, placed the folder on the table, and said, "I only got back this afternoon. I've been gone for three months. Are you all still not used to me being back?"

"We're all looking forward to President Lu's return."

"Yes, with you back, we have someone to rely on."

"To be honest, I haven't been able to eat or sleep properly while you've been away..."

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List