500. Chapter 496 Appointment



Chapter 496 Appointment

Wang Yuanchao is only responsible for arranging specific work requirements and then seeing the results.

Wang Yuanchao will not be too involved in the details of how the company's executives carry out their work and how they formulate their execution plans.

Managing too many details will lead to parallel management, which will not only make you tired, but also fail to improve the ability of employees to do things.

Then the executives you spent so much money to recruit are just a decoration.

Not only can it not satisfy the company's demand for talent, but it can also easily produce a bunch of useless people who just eat and wait to die in the company.

After nodding to Luo Yihua and Hu Meng with a smile, Wang Yuanchao continued, "General Manager Ouyang, please continue."

"Okay, boss, the next thing I want to talk about is the progress of the group's real estate development company's Kowloon Hung Hom project. After the company took over the land in Kowloon Hung Hom, it cooperated with HSBC to start the demolition work. Now the demolition and clearance work of the entire piece of land in Kowloon Hung Hom has been completed. The real estate development company has also surrounded the entire piece of land with a red brick wall. Now this project is waiting for the company's further development arrangements."

Wang Yuanchao nodded and said to Liu Qianqian: "This time our garment factory purchased 20 production lines in Europe.

The purchase amount is 189 million francs, about 18 million pounds, about 200 million Hong Kong dollars.

Minister Liu, after deducting this part of the purchase funds, how much cash is left in the company's account?"

Liu Qianqian was surprised to hear what Wang Yuanchao said. She picked up the notebook and started to calculate immediately. After a while,

Liu Qianqian said: "Boss, from the time you were away on business till now, the company has sold about 17 million catties of premium rice, and the company has earned 204 million Hong Kong dollars. In addition, the overseas distributors have paid 720 million Hong Kong dollars for this purchase. After deducting the 500 million yuan for premium rice and the 200 million yuan for production line purchases,

Adding the 183 million yuan in the company's original account,

The company still has about HK$407 million in liquidity.”

Wang Yuanchao sighed, nodded, and continued to ask, "How much construction money has the company not paid for the Tsim Sha Tsui Warehouse Center?"

"Boss, regarding the Tsim Sha Tsui storage center, we signed a progress payment agreement with the Golden Gate Construction Company. Now the Golden Gate Construction Company has handed over the storage center to us.

In addition to reserving 5% of the project fee as a warranty, our company has already paid the rest.

But the office building of the Tsim Sha Tsui project is still under construction.

For the office building, our company has paid two project fees to Kinmen Construction Company.

Now, the office building is ready for us to use, and the entire contract payment will be around 27.5 million.”

"What about the construction fee for the Causeway Bay Food Street project? How much will the company need to pay?"

"After the company opened the bidding for the Causeway Bay Food Street project, the winning bidder was also the Golden Gate Construction Company.

We have already paid the first 30% of the project fee to Kinmen Construction Company. We have cooperated with Kinmen Construction Company before, and the cooperation between us has always been very pleasant. Kinmen Construction Company has repeatedly stated that it will ensure the quality and quantity and complete the project construction on time.

Now our company has paid 9.6 million Hong Kong dollars to Golden Gate Construction Company for the Food Street project. The construction contract for the entire project is 32 million Hong Kong dollars . According to the contract, we will need to pay 22.4 million Hong Kong dollars in the future. "

Wang Yuanchao nodded, did some mental calculations, and said:

"That means if we subtract 50 million from 407 million, the total funds the company can mobilize is about 357 million, right?"

"Yes, boss."

After hearing that his company still had such a large amount of working capital, Wang Yuanchao leaned back in his boss chair with a sense of satisfaction, took out a Cuban cigar from the drawer of his desk, cut it, lit it, took a puff, and said, "General Manager Ouyang, Director Luo Yihua, the construction of the Kowloon Hung Hom project is not expected to start so quickly. It should not start this year. At the earliest, construction will start next year. By the way, the group's real estate development company has not recruited a suitable candidate for the position of general manager. During this period of time, after my investigation, Director Luo Yihua works hard, conscientiously and responsibly, and has very strong professional ability.

Therefore, I plan to let Director Luo Yihua serve as the general manager of the group's real estate company, and Director Liu of the HR department will complete the appointment process as soon as possible and notify the group in the form of a red-headed document.

And you discuss with General Manager Luo and nominate an engineering director for the real estate company as soon as possible and hand him over to me for review."

"Okay, boss."

"Thank you for your trust and respect, boss. A man will die for his friend. Please rest assured, boss.

From now on, I will work hard for the company with all my heart. From now on, the company is my home, the development of the company is my mission, and your orders are my guidelines. "

When Luo Yihua suddenly heard the news of his promotion, his eyes turned red, his whole body trembled, and he excitedly swore loudly to Wang Yuanchao.

Wang Yuanchao was also very satisfied with Luo Yihua's attitude. He smiled and said to Luo Yihua: "Mr. Luo, I believe in your ability, character and integrity. I have also told everyone that as long as you work hard for me and try your best to develop the company,

I will definitely give everyone a bright future.”

After hearing what Wang Yuanchao had said, everyone in the office, regardless of whether they could get the cake or not, loudly expressed their gratitude: "Thank you, boss, for your appreciation."

"Thank you, Boss."

"Thank you for your appreciation, Boss."

After a while, Wang Yuanchao waved his hand to interrupt the voices of gratitude, and continued to ask: "General Manager Ouyang, what is the current situation at the garment factory?"

"Boss, at the garment factory, during this period, Deputy Director Hong of the Group's Human Resources Department and I have been in charge and have reorganized the garment factory. According to the plan you left, I have conducted a technical assessment of all the employees in the garment factory.

Wages were graded based on each person's skills, and all middle and low-level management in the garment factory, including team leaders, production supervisors, workshop directors, production managers, etc., were rearranged according to the skills of the employees in the garment factory.

Now the entire garment factory's management has been completely replaced, and all of them are appointed by our company personally."

"Where are the original management staff of the garment factory?"

"Among the original management personnel, except for the heads of various departments, the company retained them as consultants to continue working for the garment factory. The company persuaded the other middle and low-level managers to resign according to their contracts."

Wang Yuanchao nodded with satisfaction and said, "After all, we took over the garment factory midway, so it is normal to have some legacy issues.

However, the factory employees cannot be allowed to organize themselves. They must be good at discovering and solving problems. Problems are not scary, but we must not cover them up or think that they are small matters and ignore them, waiting until things become big before solving them.

The employees of the garment factory don't know much about our company yet, and they are in a state of panic. You must ensure that these employees are not taken advantage of by those with ulterior motives and do not gather together to cause trouble. You must make sure that they are focused and work peacefully as soon as possible. Do you understand?"

"Got it, boss!"

(End of this chapter)

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