This night was destined to be filled with excitement. When Lu Feng finally got to rest, it was already past midnight. He wanted to share his joy with Jiang Xiaoyan, but when he checked the time, he figured she was already asleep.
The next day, as the sun rose and shone on the land, ordinary office workers left home early, beginning their daily work and life, day after day.
A new newspaper was published at a newsstand on the street. Passersby glanced at it quickly, and even the most outlandish headlines failed to attract them to stop for a moment.
The world continues to operate in this monotonous and even somewhat dull way, but the electronics industry has collapsed; overnight, it wouldn't be an exaggeration to call it a complete reshuffle.
Just when Jiafeng Electronics was on the verge of collapse, it miraculously recovered overnight and once again stood tall as the VCD king.
There were already people at the Jinbao VCD counter, but they were out of stock. After waiting for a while, a truck parked behind them, and everyone pitched in to help move the goods.
Today, some people in rural areas have started painting wall advertisements, a large number of song CDs are being recorded as quickly as possible, and the marketing department is contacting crosstalk troupes, Errenzhuan (a type of folk opera), opera, songs, etc. in various provinces, hoping to help them record these and make them into CDs for joint promotion.
Local TV stations are bombarding viewers with advertisements for Jinbao VCDs. CCTV ads haven't aired yet, but it won't be long before other forms of cooperation are rolled out.
Lu Feng held many meetings throughout the day, and also made a special trip to the talent reserve center to hold a meeting on university cooperation.
This year, the number of guaranteed job placements is even lower, and the transfer from campus to a secure job is slowing down. Universities are helpless in the face of students and parents, and sending them to private enterprises is the best option.
Some universities even collude with companies to deceive students, misrepresenting private companies as state-owned enterprises and creating fake job assignments. Once students leave campus, the university stops caring about them.
Change will bring growing pains and harm the interests of some people. This stage is also the most chaotic. Students who graduate from schools are highly qualified, and their large-scale entry into private enterprises will help the private sector to boom.
Many large private enterprises have also realized this, and the talent war will be the main theme for the next two or three years. Lu Feng told the talent reserve center that no matter if you are deceiving or forcing, you have to set a quota every year. Even if you have to recruit students from schools, you have to recruit them.
The retention rate of people who stay using this method is very low, so we need to increase the volume first.
For a week, daily sales remained around 30,000 units. The Suzhou factory began adjusting its production lines, with two lines dedicated to producing VCDs to further increase output.
"Monthly sales will exceed one million units," Zhu Lidong said excitedly. "The annual sales target of five million units should be achieved ahead of schedule." Lu Feng just smiled and didn't say anything.
Even without other competitors, the existing market supply will be exhausted. Those who want to buy are buying these days, and when the existing market supply is depleted, prices will naturally drop.
The finance department has been having the happiest days. The finance general manager is all smiles at meals. In the afternoon, Lu Feng called a meeting with the finance staff.
Inside the meeting room, the finance manager seemed nervous and uneasy as he sat there.
"What's wrong?" the CFO asked.
"I have a bad feeling that President Lu is going to cause trouble." He sighed. These accounts are really hard to manage, and there is always the risk of running out of money. Now that there is hope for a few good days, he hopes that President Lu will behave himself.
For large companies, finance is not only about managing accounts and paying taxes, but also about being responsible for the company's risk control and having the authority to approve project funds.
In a large company with many shareholders, the finance director is the company's second-in-command and the absolute helmsman. If the finance director decides that the risk is too high after reviewing the proposal, the president's proposal can be rejected!
In Lu Feng's eyes, the accountant was a miser, always looking miserable whenever he asked for money.
Lu Feng strode in, coughed, and was followed by Feng Zhiyao. Everyone present stood up, and Lu Feng waved his hand and said, "Please sit down, everyone!"
After sitting down, Lu Feng smiled at the finance manager, who almost cried when he saw the smile. Couldn't he even have a peaceful day?
"Your income has been pretty good lately?" Lu Feng asked.
"We're still compiling the statistics. The expenses are quite large. The marketing department has submitted a batch of expenses for opening up offline channels, covering many provinces. The majority of these expenses will be allocated to the third and fourth quarters. The profits are indeed good, but the expenses are also high."
He wanted to tell Lu Feng that now that he had some savings, he should stop causing trouble and enjoy a few days of peace and quiet!
"Mr. Lu, the bank's 200 million yuan loan will mature in June. The bank called me a few days ago to discuss it. We even had a meal together privately. Their idea is to pay it back first, and then borrow it again."
"Pay it back and then borrow again?" Lu Feng raised an eyebrow and said, "Once the money is in their hands, do we get to decide how to pay it back? Tell them to transfer the interest and pay it back every year."
"Our factory is being mortgaged there," the finance manager said anxiously.
"Tell him, if he dares to accept it, I dare to stop production. Accept the plan or not, it's up to him!" Lu Feng patted him on the shoulder and said, "We owe money, so be tough. We're the boss!"
"Huh?" The finance manager was stunned. He could only sigh inwardly, "The world is changing so fast. People who owe money are so shameless now."
"Based on the current sales situation, how long will it take to generate a profit, excluding the applied expenses?" Lu Feng asked.
"Currently, the daily profit is between seven and eight million, and the monthly profit can reach about two hundred million, provided that such sales can be maintained. Last year, we raised 270 million in financing, the R&D company applied for 100 million in funding, the new factory received an investment of 50 million, and the new factory's tables, chairs, benches, and other miscellaneous expenses amounted to 14 million, as did the media company's expenses..."
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