Chapter 825: Weak Legs

Hu Wenhai feels that the domestic aviation industry seems to have been changed by his own toss......

Modu undertook a part of Gemai's McDonnell Douglas passenger aircraft orders, obviously developing towards the division of labor of the passenger aircraft body. In the future, it is foreseeable that the integration of large aircraft bodies and systems should be dominated by the Yangtze River Delta region.

Xifei, who originally carried the hope of a large aircraft, got the project of Panda localization and Qinling engine, and saw that he had become a member of the fighter echelon who could fight with Chengfei.

Although Sheng Fei took the Su 27, if they were fooled by Hu Wenhai into getting on the ship of Madasic, the future road would probably be to break hands with the magic capital - this is good, the magic capital is abundant, and Sheng Fei has sufficient resources, which is much more interesting than the competition pattern between the magic capital and Xifei, Sheng Fei and Cheng Fei.

However, as far as the national situation is concerned, due to the large scale and deep roots of the aviation industry, Hu Wenhai's influence is not as effective as imagined, and such an industrial layout is by no means a single decision or one or two projects can be promoted. If we want to build such a competition group of military aircraft and large aircraft in the north and south in China, it will take at least 10 years to continuously push forward.

One project after another, one decision after another, one policy after another, one meeting after another, and most importantly, batches of talents to promote, and then ...... It took about a decade of struggle to get the two major groups of North and South to sit at the coffee table of Gmermac and Boeing.

This is already a fairly optimistic expectation.

Rome was not built in a day, and Hu Wenhai's mentality was not so urgent. 606 is ingrained in the system, in other words, the point at the center of the spider's web. The slightest disturbance has to vibrate globally, and it is understandable to be cautious.

Since the 606 Institute needs to "listen to the opinions of all parties", Hu Wenhai has put this matter aside for the time being.

There is still a tail left in the Spring Festival of 1992, and his time in China is running out, but the problems that need to be dealt with are not less at all.

Especially when Hu Jiefang suddenly attacked Hu Wenhai and added an unborn brother, Xiao Yeqin, who has always been the group's financial director, happily gave herself a maternity leave. As a result, the burden of approving the budget of the ST Group from 1992 to 1993 was suddenly pressed on Hu Wenhai's shoulders.

After attending the commissioning ceremony of the SM1C gas turbine in Shengjing, Hu Wenhai could only return to the headquarters of Xiucheng Xinke Group non-stop. Here, a tough battle awaits him.

"Mr. Xia, this is the document you want, today I finally applied for a half-hour data center machine, otherwise I would not have been able to catch up with this meeting. ”

The cuckoo held several thick folders in his hand, pulled out a document that had been labeled from it, and walked behind Xia Boyang.

The 13th floor and above of the headquarters are all the administrative floors of the headquarters, and outsiders cannot enter the area without a security level or temporary registration certificate.

Even if he is a student of the so-called "Haixue Group", he has never had the opportunity to go to the 13th floor of the headquarters to see it at a glance, let alone the core area of the 27th floor of the top floor of the Xinke headquarters building.

But then again, Xia Boyang, as the general manager of ST Real Estate, is now a hot figure in China's business world, and going in and out of the 27th floor is no different from eating and drinking.

As Xia Boyang's temporary assistant, Du Juan not only has to participate in the course training of the marine science group, but also participates in the front-line internship work of Xinke Real Estate as a reserve cadre. Such a rigorous training program is both motivation and pressure for her.

Hu Wenhai's "protégé of the Son of Heaven" is not so easy to do.

On the one hand, the reserve cadres of the group like Du Juan enjoy the covetable training and promotion channels, but on the other hand, any performance of them will be carefully observed under the microscope.

Not to mention the teaching and training on Sundays, they rotate in the front line during the day every Monday, Wednesday and Friday, and also participate in night classes from 6 to 10 o'clock in the evening. 246 is the administrative internship day, and don't think about resting at night, that is the time reserved for administrative internship to work overtime.

High-intensity work and study not only require energy and efficiency, but also outstanding performance. Achievements are taken for granted, while any mistakes can result in numerous criticisms and even complete elimination from the competition.

Such a cruel and intense working environment, to be honest, is a bit unimaginable for the vast majority of ordinary Chinese people today. However, this group of members of the "Maritime Studies Group" selected from the thousands of troops of the new technology group has not disappointed Hu Wenhai so far.

As for the first phase of the students of this sea study group, the most surprising thing is the cuckoo who has a delicate and beautiful appearance and looks like he can eat with his face.

As one of the few female students, Du Juan's appearance is outstanding even if she is placed in a first-line sales center. And she usually speaks softly and gently, not at all like a strong woman in a shopping mall.

But it is such a young "girl" who has shown quite amazing emotional intelligence and ability to resist pressure. In a cruel working environment, the results achieved are among the best in the marine group.

With her impressive work performance, she was appointed by Xia Boyang to become one of the assistant members of the annual budget task force of ST Real Estate after the year.

Du Juan did not realize at this time that on the surface, it seemed that this was just a struggle for her personal fate, but in fact, the successful operation of the system of the Haixue Group was even more far-reaching for the Xinke Group, which was established less than ten years ago.

Before ST Group had its own hematopoietic ability, no matter how rich it was, it was just an upstart. And after it has a strong enough talent supply capacity, even if it suffers a fatal blow in the high-tech field, it will be able to be reborn sooner or later.

However, the future business tycoons are still just young eagles who have not left the nest. Du Juan, who followed Xia Boyang in the same steps, could only observe the 27th floor of the "mysterious" Xinke headquarters with curious eyes.

"Mr. Xia, our retail performance last year was better than expected at the beginning of the year——"

Among a group of assistants beside Xia Boyang, one of them finished reading the document handed over by Du Juan, and said with some hesitation: "Originally, last year's plan was to increase sales by 60%, but according to this summary figure, the growth has reached at least 125%, more than double the planned sales." ”

"Of course, we had already anticipated this figure last year. However, if we report this figure this year, next year's growth forecast will inevitably be revised significantly higher. As a result, if we want to continue this growth next year, we will need to increase our budget at least fourfold. When such a report is taken out, the headquarters ......"

"Isn't the plan already made?"

Xia Boyang kept talking without looking back: "Double, quadruple, these plans are still too conservative! Didn't last year's budget be done according to four times the previous year? As a result, last year's actual investment still exceeded the budget by more than double? At the rate of four times, I think this year's budget will still explode! In this case, we should simply take out the budget that is ten times that amount. ”

"Ten times the budget ......"

The assistants behind Xia Boyang couldn't help but look at each other, a little uncertain. ST Properties now looks like flowers and fire, but their assistants, who really have the numbers, know very well what kind of active volcano is sitting under their buttocks.

Relying on the development of the business model of ST Plaza, ST Real Estate has blossomed everywhere in the first and second-tier cities across the country in the past few years. Some of the stores were rented out and sold, and NEMART, an "internationally renowned supermarket brand" from abroad, entered the retail industry as a partner to create a set of commercial channels and terminals.

NEMART, WHOSE NAME IS ALL IN ENGLISH, IS ALSO QUITE POPULAR IN CHINA, AND ITS PERFORMANCE IN THE RETAIL MARKET CAN BE SAID TO BE OVERWHELMING. The problem, however, is that no matter how good the retail industry is, its profit margins are only in the normal range. It will take two or three years to recover the investment in fixed assets.

In other words, if NEMART's annual retail sales increase by more than 30%, ST Plaza's fixed asset projects will inevitably swallow up all the profits for the year. If it exceeds 50%, then the investment of ST Plaza will inevitably be in debt.

BUT THE REALITY IS THAT IN FISCAL 1991 ALONE, NEMART'S DOMESTIC RETAIL SALES INCREASED BY 125%. And the growth figures of the past few years have never been lower than this level. This means that ST Real Estate is now completely an asset black hole, and no amount of capital invested in it can keep up with its expansion speed.

Such a growth rate and profitability are, of course, ecstatic and encouraging. But if we look at it from another angle, today's new technology real estate is clearly insolvent, and once the development momentum declines, the balloon will explode on the spot with everyone.

For the assistant general managers of Xinke Real Estate who know this very well, hearing that Xia Boyang is going to submit a tenfold budget this year, I am afraid that the timid ones will not be able to stand still.

"Mr. Xia, is this year's budget a little more cautious?" an assistant cautiously suggested: "If the development momentum can be maintained during the year, it is a big deal to temporarily increase the budget like last year." Nowadays, the company's debt ratio is really a bit dangerous. ”

Hearing this, Xia Boyang suddenly stopped, turned around and startled the group of assistants behind him: "What? Do you think I didn't count the amount of the temporary budget?"

"What?"

The proposed assistant swallowed quietly and found that his head was a little unable to turn.

Xia Boyang's meaning is probably that on the basis of submitting a tenfold budget, this year will double the provisional budget like last year?

This group of assistant managers felt that this was really a bit weak.

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