Volume 6 Long Lingyunzhi Section 85 Cash Cows
Lu Weimin did not tell Qi Zhendong what he was going to talk about in the evening, but Qi Zhendong still seriously sorted out the business situation of Fengyun Communication Services Co., Ltd. last year.
As the holding company of Fengyun Communication Service Co., Ltd., Dongfeng Communication Co., Ltd., although it is named after him and Xiao Jinfeng, and is also the chairman and general manager of Hedi, Lu Weimin is the largest shareholder, of course, Lu Weimin used the name of his younger brother Lu Aiguo in order to avoid risks.
The company's market condition last year was quite good, the development speed of the paging station far exceeded the initial imagination, originally they envisioned the best result is that the end of last year users can exceed 10,000 households, but they really underestimate the Changzhou people on the paging platform this fashionable thing to respect and pursue, from March almost every month of the new users have reached 1,000 Hui, to now the total number of users in Changzhou has reached 13,000, second only to the post and telecommunications bureau of 126, 127 Paging and Dentsu Paging of the Electric Power Bureau are much higher than several other social paging stations, which is also due to the strategy of Fengyun Paging Station to take the lead and the large investment in advertising.
According to the planning of Qi Zhendong and Xiao Jinfeng, in 94, Fengyun Paging Station should strive to achieve the goal of guaranteeing 25,000 households and striving to reach 30,000 households.
"This is the financial summary of last year, last year a total of 13,000 households were developed, and we have reached 30 relay lines, and I plan to expand to 60 lines this year, and strive to achieve the goal of 25,000 households. "After being the general manager for a year, Qi Zhendong has become extremely calm and confident, and he has a bit of a general's demeanor, "Last year's gross profit reached 2.8 million, excluding various expenses. This is mainly due to the relatively large investment in advertising. The net profit is about 2.2 million, and the Meteorological Bureau has already discussed the company's dividend with me and Jinfeng, and we will deal with this matter in the next two days. They probably need this money for the benefit of their employees, and if you don't ask me and Jinfeng, we're going to call you too. β
Lu Weimin casually picked up the financial statements and looked at them. "The Meteorological Bureau means that they have to pay regular dividends every year, so they don't consider the development of the paging station?"
"That's probably what it means, the paging station has such a high profit probably because they didn't expect it, they account for 30% of the shares, there are hundreds of thousands of dividends, and there are not many employees in the Meteorological Bureau, which is enough for their leaders to come to celebrate the New Year. Qi Zhendong smiled, "I'm a little worried that they think this money is too easy, and they will be in trouble if they have other ideas." β
"Hmm. This can't be ignored, Zhendong, I don't think it can be so easy to talk about dividends. Now the company is still renting. The annual rent is more than 100,000 or 200,000 yuan, and I think that the investment in fixed assets can be properly considered. This point can be put forward to the Meteorological Bureau, in addition to this year's paging station to increase investment, further development of users, which also requires liquidity, to let the Meteorological Bureau understand that profits are not generated by sitting at home, that requires scientific and reasonable planning and a hundred times the effort. β
Lu Weimin's words made Qi Zhendong also smile bitterly, "For the people, don't you know that the people in the Meteorological Bureau are used to being poor, and you know that there is such a large sum of money that can be used, and you can bear to pay dividends until the end of this year? Isn't that more uncomfortable than asking for their lives? I'm afraid this thing won't happen." β
"I didn't say no dividends, but let them know that this money is not so easy to earn, let them understand this, but also let them know the development of the paging station, let them understand how fierce the competition in the industry is now, don't let them think that this business is too easy to do, and the mouse has the mind of beating the cat, then it will be troublesome." Lu Weimin nodded, "The dividend should still be divided, the company's articles of association have provisions, but it must be reasonable, evidence-based and responsible." β
Seeing Lu Weimin say this, Qi Zhendong breathed a sigh of relief.
Fengyun Communication Services Co., Ltd. is jointly established by Dongfeng Communication Co., Ltd. and the Labor Service Company of the Meteorological Bureau, Fengyun Communication Services Co., Ltd. holds 70 percent of the shares, and Dongfeng Communication Services Co., Ltd. is privately funded by Lu Weimin 1.8 million, Xiao Jinfeng invested 200,000 yuan, of which Lu Weimin accounts for 60 percent of the shares, Xiao Jinfeng holds 25 percent of the shares, he Qi Zhendong has not issued a penny, holding 15 percent of the shares, that is to say, Lu Weimin is actually the actual controlling shareholder of Fengyun Communication Services Co., Ltd., if he does not agree to dividends, this matter is really a bit troublesome, Qi Zhendong is most worried about the relationship with the Meteorological Bureau, affecting the development of the paging station this year.
"Well, Damin, in fact, according to the current development of the company, every month we have a new development of users on a thousand Hui, I estimate that with the increasing popularity of program-controlled telephones in Changzhou County, especially the development of public telephones, the development of pagers will usher in a wave of climax, we can add more than 300,000 cash income of user service fees every month, and from March this year last year's old users need to pay the new year's service fees, so this year's company's cash flow is quite abundant, if as you said to consider the investment in the company's fixed assets, as long as it is put in the second half of the year, there is no problem at allγ β
Qi Zhendong felt that Lu Weimin's description was quite appropriate, and now this company is like a cash cow, with the scale of development getting bigger and bigger, a steady stream of income is like milking an inexhaustible cow.
Lu Weimin is actually not against dividends, he is just worried about the red eyes of the Meteorological Bureau, and then has other thoughts.
It's hard to say these days, this paging station is not a high-tech industry, and the Meteorological Bureau doesn't know much about this doorway, and is afraid of taking risks, so it will give Lu Weimin this opportunity, of course, as the competition in the industry becomes more and more fierce, the low content of jishu does not mean that you can stand out, and the Meteorological Bureau may not have the courage to come, Lu Weimin just wants to prevent it.
His original intention was to consider dividends, this 1.8 million was he borrowed 1.6 million from He Keng, Xiao Jinfeng made up 400,000 from the money earned by the communication equipment sales department, of which he 200,000, Xiao Jinfeng 200,000, Qi Zhendong took his own shares, the formation of this Dongfeng Communication Co., Ltd., now a year is about to come, he and He Keng agreed to borrow this money for two years temporarily, and now it can be repaid in advance, but now the second sister needs this money to build her dream of health care products kingdom, Lu Weimin plans to use this dividend, take all the money that belongs to him to his second sister, to support the second sister to realize her own dreamγ
After determining the principle, several people calculated that except for those belonging to the Meteorological Bureau, the profits available for distribution on the side of Dongfeng Communication Co., Ltd. were as high as more than 1.5 million.
Sitting on the sofa, Lu Weimin, Qi Zhendong, and Xiao Jinfeng all couldn't believe all this, although they had known all this for a long time, but when they thought that there were more than one million cash for the three of them to distribute, and this was only less than a year of development, once the paging station was on the right track this year, how much would the benefit be?
"What's the matter, I can't believe it? Still feel like I'm in a dream?" Lu Weimin saw that Qi Zhendong and Xiao Jinfeng were a little stunned and didn't speak, and couldn't help but joke about the two.
"It's really a little incredible, I'm doing this business, and I should be mentally prepared and adapted, but when I really settle accounts here, I still can't imagine it. Qi Zhendong sighed, "The purchasing power of the people is unimaginable, my prediction is to strive to develop 5,000 households in the first year, 12,000 households in the second year, and 20,000 households in the third year. β
Qi Zhendong sighed and glanced at Lu Weimin, "Damin, your kid's head is indeed different from ours, you can think of anything ahead, this advantage of being one step ahead is that the people behind may not be able to catch up with a hundred times the effort, as long as we don't make mistakes." β
Xiao Jinfeng, who hadn't spoken much, also laughed, supporting Qi Zhendong's point of view, "Zhendong, if it weren't for this, how could I listen to Damin's words, I don't usually see how capable he is, but this guy can have superior judgment at critical moments, and he can't be convinced." β
It is precisely this judgment that is the most important, there are too many appearances in front of us, how do you make the right choice from this analysis and judgment, this is the key. Qi Zhendong nodded thoughtfully, "Damin, I resigned from the Post and Telecommunications Bureau, my parents almost fell out with me, and the girl who had a good impression heard that I resigned, and she hesitated all of a sudden, hehe, but I believe my choice is right." β
"Okay, you two don't flatter me, I have self-knowledge, this paging station is not supported by the two of you, it's all a castle in the air, not to mention making money, it's all a matter of not even a shadow, you better think about how to operate next year." β
Lu Weimin also told Qi Zhendong and Xiao Jinfeng about Lu Zhihua's idea of going to engage in health care products, and said that he was ready to lend Lu Zhihua from this dividend to support Lu Zhihua's business, which also caused Qi Zhendong and Xiao Jinfeng to discuss the health care product market, both of them said that it was useless for them to take the money now, so it was better to lend the money directly to Lu Zhihua, but Lu Weimin politely rejected their opinions.
Friends are friends, business is business, Lu Weimin doesn't want to get mixed up on it, whether the second sister's dream of health care products can come true is still unknown, and the money earned by the paging station is also Qi Zhendong and Xiao Jinfeng worked hard for a year to get out, it belongs to them, and he doesn't want to affect these aspects because of the feelings between friends.
Target 400, brothers give a few tickets after vacation!