Chapter 308: When Will I Be Able to Spend the Money [Fourth Update]
After listening to Gilbert's introduction, everyone was surprised that plastic recycling has been developed to such an extent, it is unimaginable, and countries around the world have nothing to do about plastic waste, which is a headache.
Once Apocalypse Group makes a breakthrough in plastic waste recycling, it will make a huge amount of profits, and Apocalypse Group's renewable resource system will be further improved and can be launched globally.
Bao Xing and Fei Qihao's eyes lit up, and they looked at each other with excitement, and now they have a deep understanding of the renewable resource system and are very aware of the value of this research.
"What about electronic waste recycling," Xu Ping'an continued to ask.
"This is still in the process of research, I have communicated with General Manager Chen Fansheng, and we have also conducted data exchanges, and the progress in this area is really not large, mainly because the problem of toxic gas in the recovery of electronic products is difficult to solve."
"It's impossible to break through this problem in a short period of time, it's really difficult to decompose the poison gas venom harmlessly," Gilbert said with a serious face, Xu Ping'an nodded.
"After the annual meeting, you have to go back and get ready, let the teams that are conducting marine research get ready, our marine research ship has started to paint, and after the painting is completed, it will be completely completed and ready for relocation," Xu Ping'an said, looking at Gilbert.
"Yes, I will make arrangements immediately after the meeting" Gilbert said with a serious face, Xu Ping'an nodded and waved his hand to let Gilbert sit down, and everyone applauded.
"Darian, tell me about the situation over there" Xu Ping'an asked, and Darian stood up directly.
"President, colleagues, the Italian Institute of Machinery and Equipment made a historic breakthrough last year, we have obtained more than 600 unique patented technologies throughout the year, and more than 1,400 patented technologies have been licensed to foreign countries throughout the year."
The annual profit was 2.8 billion euros, thanks to the licensing of our patents, of which 27 exclusive patents brought us a lot of profits, and we handed over 1.2 billion euros to the headquarters and retained 1 billion euros of liquidity."
"This year, we will add four more research projects to the fully automated production line, and we expect to achieve another record profit this year," said Darian seriously.
Many people are surprised, the Italian Institute of Machinery and Equipment has made so much profit, it is unimaginable, I thought that the research institutes in Germany and the United Kingdom were enough, that knew that Italy was more fierce.
Xu Ping'an nodded and waved his hand to let Darian sit down, and everyone applauded, understanding very well, it is not so simple to control a research institute, and the degree of cumbersomeness is definitely above that of a large enterprise.
"Pippen, tell me about your stall" Xu Ping'an said with a smile, and Pippen stood up with a smile on his face.
"President, colleagues, in the whole of last year, our Austrian Institute of Biological Research obtained a total of 896 patents, and as many as 720 patents were authorized throughout the year, with an annual profit of 3.2 billion euros, in which Poseidon contributed a lot" After Pippen finished speaking, Kyle just smiled, and the others also smiled kindly.
"This year, we will add a large category, plant planting research, the number of staff will increase by more than 400 people, the area of the institute will be expanded, planting research is a very time-consuming research"
"It is expected that it will be difficult for us to make a profit this year, but we are confident that we will achieve a new profit this year, thanks to the fact that our other research has reached a critical juncture,......... Once there is a breakthrough, it is not a problem at all to create a new profit high."
"For the whole year, we will hand over 1.8 billion euros to the headquarters, keep a reserve fund of 1 billion euros, and funds for expansion, without the need for appropriations from the headquarters," Pippen said confidently.
Xu Ping'an nodded and waved his hand to let Pippen sit down, everyone applauded, Hall recorded a lot in his notebook, and he had a different feeling in his heart, the general managers of each branch of Tianqi Group are all talents who are in charge of themselves.
Everyone is responsible for the stall in an orderly manner, this is not something that ordinary people can do, the development of Tianqi Group is not only because of Xu Ping'an, but also because of the addition of such a group of high-quality personnel, the aircraft carrier of Tianqi Group can be crisscrossed all over the world.
"Bannon, tell me about the situation over there" Xu Ping'an said with a smile, and Bannon stood up with a smile.
"President, colleagues, the Italian Apocalypse Arms Company is very simple, we only have two industries, the first is the sale of conventional weapons, this volume is not large, this year we have made a new breakthrough, and the profit has increased by more than 30 million compared with last year."
"The second industry is the production of single-person scientific research submarines and submarine sightseeing submarines, which have achieved brilliant results this year, thanks to the support of the Italian Institute of Mechanical Equipment, and the new generation of single-person submarines is very popular"
"The Apocalypse submarine has been purchased by nine national oceanographic research institutes and more than 20 submarine tourism companies, and we have not handed over profits, because we have made a profit of 700 million euros for the whole year, which has not reached the reserve fund target set by the headquarters."
"Our management will continue to work hard to achieve a new profit this year and hand over the funds to the headquarters," Bannon said with a calm face.
"Bannon, you can contact the Italian government to apply for a small attack submarine production license, which will be a new profit growth point" Xu Ping'an looked at Bannon and said, Bannon's eyes lit up.
The production of small attack submarine technology is not a problem, the production line is not a problem, the order is not a problem, the uncomfortable thing is the approval of the Italian side, and now that Xu Ping'an has spoken, this plan can be started.
"President, we have communicated with the Italian side in terms of licenses, and we still need the support of the headquarters," Bannon said seriously, Xu Ping'an's identity is different, and he is qualified to dialogue with the Italian government's high-level officials.
"When I go to Europe, I will carry out public relations in this regard, you should apply, don't waste time," Xu Ping'an said directly.
"Yes, I'll do it immediately when I go back after the meeting," Bannon said directly, Xu Ping'an nodded and waved his hand to let Bannon sit down.
Everyone applauded, it is not easy for Bannon to lead the arms company to make a profit, at present, the big giants have a monopoly on the international arms trade, and the small arms enterprises are very uncomfortable, and it is even more difficult to achieve profitability, and Bannon has done a very good job.
"Fansheng, tell me about the situation on your side" Xu Ping'an looked at Chen Fansheng and said, Chen Fansheng stood up.
"President, colleagues, last year, the Institute obtained a total of 697 patents, authorized 1,527 patents, and achieved annual revenue of 1.4 billion euros."
"We have not handed over the headquarters funds, after deducting our annual expenses, we have more than 300 million funds left, which does not meet the requirements of the headquarters for self-retained funds, we will increase research and development efforts, and strive to turn losses into profits this year" Chen Fansheng said very succinctly.
Xu Ping'an nodded, waved his hand to let Chen Fansheng sit down, and everyone applauded, the less Chen Fansheng said, the more he could not be underestimated, others did not understand, the general managers of other research institutes were very clear, this was definitely Xu Ping'an's arrangement.
Xu Ping'an asked Chen Fansheng to report like this, and in just two sentences, there are many projects in the comprehensive research institute of the headquarters that cannot be disclosed, and many high-profit patents have not been authorized, which Xu Ping'an intends to use or trade for himself, and cannot be exposed to the public.
"Bao Xing, talk about the current renewable resource system" Xu Ping'an looked at Bao Xing and asked.
"President, colleagues, the renewable resources company was only established this year, of course, the renewable resources system has been running before the establishment of the company, and I have conducted a detailed investigation and understanding of each branch after I took over."
"At present, we have been in six cities, including J City, to form a large-scale waste recycling system, at present, J City is running well, the profit is meager, the rest of the city factory construction has not been completed, is expected to be completed until June this year"
"We have contacted the equipment supplier, with the cooperation of the Ministry of Justice and signed an agreement with these companies, starting in April, all kinds of equipment will be transported one after another, and at the same time in the provincial capital of Y Province to build the headquarters of the renewable resources company, at present, the total investment has reached 8.7 billion."
"This year, we will do our best to follow the planned schedule, it is expected that the benefits will be produced in August, and after half a year of overall operation, we will expand again, using the current model, several cities to form a circle, to ensure the uninterrupted operation of each factory to the greatest extent."
"Our profitability is a long-term process, therefore, in recent years, we need uninterrupted support from the headquarters" Bao Xing briefly reported, Xu Ping'an nodded.
"You don't need me to say more about who you want to contact this year," Xu Ping'an looked at Bao Xing and said.
"I understand, I will keep in touch with General Manager Gilbert and General Manager Chen Fansheng to further improve our system and maximize the recycling rate" Bao Xing said with a serious face, Xu Ping'an nodded and waved his hand to let Bao Xing sit down, and everyone applauded.
Renewable resources, this is an inexhaustible gold mine, this is known, but everyone does not know that the Apocalypse Group has come to the point where it has begun to conduct field trials, and it can be seen from so many cities that this project of the Apocalypse Group is effective.
If the effect is not good, the Celestial Empire must have stopped this project a long time ago, and now it is not stopped but supported, which is already very revealing, once this project is launched in the Celestial Empire, or in the world, the only question that Xu Ping'an needs to consider is when he will be able to spend the money.
According to the profit of 20 million in a city, how many cities there are in a province, how many cities there are in the entire Celestial Empire, and how many cities are in the world, at that time, Xu Ping'an will definitely pretend to shout, I really want to experience the life of the poor.
Hall also knows a little bit about the situation of the renewable resources company, and after listening to Bao Xing's detailed report today, he glanced at Xu Ping'an with a strange face, thinking about how rich Xu Ping'an is, and what Xu Ping'an can do to toss himself into bankruptcy.