Chapter 676 Next year will be ten times harder than this year



Wei Yandan and her group had arrived, and the first batch of staff also arrived. They began to organize and plan the office building. There were originally some tables and chairs in the office building, and since the first batch of people who arrived were all senior executives, there weren't many people. They first set up a meeting room.

The R&D company hung up a banner today that read, "Warmly welcome our sister company, Jiafeng Electronics, to visit us."

At nine o'clock, Lu Feng arrived at the company. The reception room was already full of people, and the most discussed topic was the current situation of foreign trade. This area was originally under Zhu Lidong's jurisdiction, but when he heard about the situation, he was helpless.

He understands the domestic market, but he knows nothing about the international market.

Wei Yandan sat on the sofa, flipping through the reports. She glanced at the others and asked, "What should I say if President Lu asks about foreign trade exports later? I've done a lot of research these past few days and consulted some people in relevant fields, but I still can't find a solution."

Everyone turned their attention to Zhu Lidong. Since Zhang Fengxia left, Zhu Lidong had definitely become a veteran figure.

"Ahem!" Zhu Lidong cleared his throat and said, "Don't look at me. This matter has always been handled by President Lu. It's something that ordinary people can't handle. President Wei, don't worry too much. They won't ask you this question."

“President Lu usually doesn’t ask about anything too difficult; it’s all about his job duties,” another person said.

“That’s right. We usually just look at the reports and ask about the situation. As long as it’s running normally and there are no major problems, we basically don’t interfere,” another person said.

Wei Yandan was still a little worried. This was true when she was only in charge of the media company, but now she was the CEO of the company and had to be in control of the company's future development direction.

Moreover, she had never worked alongside Zhang Fengxia and didn't know how the two interacted before. After the conglomerate was formed, Lu Feng would definitely be staying at the head office, and if he wasn't on a business trip, they would basically see each other every day.

It's normal for Wei Yandan to feel uncertain.

Actually, being a senior executive in a company is relatively easy. Once the senior executives find the direction and determine the implementation plan, then they just need to push it forward. If the general direction is right, life is very easy. They can hold meetings, drink tea, and get massages.

Lu Feng is different. The development speed of Jiafeng Electronics is something that ordinary managers cannot keep up with. No other company has developed so rapidly and comprehensively. Many senior executives are learning as they go.

Seeing that everyone was a bit nervous, Zhu Lidong thought for a moment and decided to give them a heads-up, saying, "Actually, there's no need for you to be so nervous. As long as it's not within your job responsibilities, if he asks you about it, just say you don't know or don't understand."

The group looked at each other, sensing that Zhu Lidong wasn't joking.

The door to the reception room was pushed open, and Liu Cheng walked in, saying, "President Lu has arrived. Please proceed to the conference room."

Everyone stood up and walked towards the conference room.

Inside the office, Lu Feng flipped through the folder in his hand. The financial situation for this year was basically out, and there wouldn't be any major changes in the next few months. It was almost November, and at most it would be a regular New Year's shopping frenzy. This kind of competition had been going on for several years, and it didn't make much of a splash.

VCD sales exceeded four million units, accounting for about 70% of the market share, which can be said to be very stable. The net profit brought by VCD was 300 million yuan. If it weren't for the money burned by VCD, this figure would be even higher.

By October, Wepuda had suffered a total loss of nearly 80 million yuan. For a whole year, Wepuda had been barely surviving in rural towns and was completely outmatched by other manufacturers in the television market.

Revenue from small household appliances such as radios and cassette players was slightly better than nothing, with an overall net profit of 22.46 million. The most eye-catching part was the media company, which was established at the beginning of the year. It has already introduced 17 celebrities from Hong Kong, organized 125 concerts, collaborated with CCTV on programs, sent 9 celebrities to the show, and introduced 76 high-grossing films from Hong Kong. The disc production company under the media company sold 18 million discs.

In less than a year since its establishment, its net profit has exceeded 80 million!

In addition, there are subsidiaries such as copper companies, production plants, and plastic mold companies, forming a complete industrial chain. Jiafeng Electronics has now achieved 30% self-sufficiency in the industrial chain.

There are many companies that make money, but also quite a few that lose money. After going back and forth like this, the total amount left in the accounts is only a little over 300 million. That's how it is when you start a company. This project makes a little money, that project loses a little money. The finance department spends half a month calculating, then comes to your office for a meeting, and happily tells you, "Congratulations, boss, you've worked for nothing this year!"

A revenue of over 300 million yuan is already very impressive, making it a top-tier enterprise among private companies. This is why Lu Feng was eager to establish a group company.

Lu Feng handed the folder to Feng Zhiyao, who took it and flipped through it.

The office door was pushed open, and Liu Cheng walked in, saying, "President Lu, everyone has gathered in the conference room."

"Let's go, I'll say a few words to everyone." Lu Feng stood up, straightened his suit, and strode towards the conference room.

A clerk standing at the door saw Lu Feng approaching and hurriedly helped push the door open. As Lu Feng entered the conference room, everyone present stood up.

"Please sit down!" Lu Feng gestured for everyone to sit down, then looked around at the crowd and said, "I've taken a quick look at the reports from all the major companies. Although the year isn't over yet, the remaining two months shouldn't be too difficult. Overall, I'm very satisfied. I can see that everyone has been working very hard. I'd like to give you all a round of applause."

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

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