Chapter Ninety-Seven: Group Meeting

For three days, each company reported one after another, with many highlights and many problems.

For example, the Royal Shipping has successfully transported grain, carried out maritime trade, and also provided logistics support for domestic trade, and the three major businesses expected by Zhao Gongzi have been successfully launched.

However, the lack of transportation capacity has become a serious shackle restricting the company's development. It will take several years for the fleet to expand rapidly to meet space demand on all fronts, provided that capacity demand does not grow too quickly. But how is that possible?

Zhao Hao predicts that the demand for shipping capacity will increase by at least ten times in the next ten years!

Therefore, for a long time to come, it is still necessary to build ships at full capacity and go all out to train sailors.

~~

The biggest highlight this time is not from the Royal Shipping, but from Jiangnan Textile Corporation.

Previously, in order to support the prefectures and counties in Jiangnan, Jiangnan Textile continued to open up and purchase silk and raw silk for a whole year. Now that the shipping route to Japan has been opened, raw silk can be sold for eight taels for seven dollars a catty, and all kinds of silk can generally increase in value tenfold.

At present, the raw silk and silk in the inventory of Jiangnan Group are worth at least 40 million taels of silver!

Liu Zhengqi, who made the report, said with regret that he had known that Gongzi would be able to engage in sea trade so quickly, so he was not in a hurry to bother Baal to sell silk everywhere at a low price. It turned out to be good, and he only earned a million taels after half of his hard work. If they were all stockpiled in the library, they would be worth 80 million taels now......

The group didn't blame him for this, after all, it wasn't a problem to put so much money there. Moreover, Jiangnan Textile has signed a guaranteed contract with the counties, and it will continue to open the purchase next year. If they can't be hoarded, the debt of Jiangnan Textile will exceed 10 million taels, and the financial pressure is too great.

Steady operation should never be blamed, so Sanhui still gave Jiangnan Textile a very high evaluation.

And in addition to the silk weaving industry, they have also completed the integration of the Jiangnan cotton spinning industry. With the Xu family's 40,000 spinning girls all returned to Jiangnan Cotton Spinning Company, seventy percent of the entire Jiangnan cotton spinning industry is in the hands of Jiangnan Group.

This is very important, because the prospects and industry contributions of the cotton textile industry in the future are far beyond those of the silk weaving industry!

Without it, only the amount is great.

~~

Another bright spot is in the Jiangnan porcelain industry.

With the 02 Institute basically mastered the key technology of glass production. Xishan Island Research Center invested in technology, established a joint venture with Jiangnan Porcelain Industry, established Jiangnan Glass Company, and set up a glass factory in Xishan Island. At present, it has entered the stage of trial production and trial marketing, opened four glass furnaces, 1,000 pieces of glass blowing per day, and pressed 1,000 glass plates.

Mainly limited by the fact that there are too few skilled craftsmen, blowing glass and pressing glass require skills, even if the masters do not hide their secrets and open up to train apprentices, they have to blow for a year and a half before they can take up their posts.

However, this little production has already brought considerable profits. In the past, the glass and glassware on the market in Daming were all Western goods. Because glass is fragile and inconvenient to transport, it has always been sold as a luxury item, and the price is often tens or hundreds of taels.

Now Jiangnan Group can make glass, the quality is better than that of Thai Western goods, and the price is half cheaper, as soon as it is put into the market, it will naturally arouse enthusiastic demand.

Even if the price is only half of the Franc machine? But the high profits still surprised the top management who listened to the report. It has only been on sale for a quarter, and it has already completed sales of 3 million taels and made a profit of 2.9 million taels......

"Why is sales so close to net profit?" Lu Kuang, vice chairman of the Inspection and Supervision Commission, asked puzzled.

"This is top secret." Bai Liang, chairman of Jiangnan Porcelain Industry, said slightly embarrassed.

Do they have an agreement with the research center? Even to the top management of the group, the details of the production of glassware cannot be disclosed. Even all the workers could not leave Xishan Island for the rest of their lives.

In fact, Bai Liang only knows? This is because the cost of producing glass is extremely low, but as for why it is so low? Even he, the chairman, doesn't know.

At this time, Zhao Hao, who was sitting in the dim light of the evening? opened his mouth to relieve Bai Liang and said: "Glass technology must be kept secret for at least a hundred years? Don't embarrass him. "Because a hundred years from now? The secrets of the Italians to make glass will be cracked by other European countries.

"Yes." Lu Kuang hurriedly responded? The rest of the people also kept their mouths shut. At the group meeting last year, they still had questions about how big Zhao Gongzi's stall was. But these few days of reports have been proven again and again? Zhao Gongzi is much smarter than all of them.

And the profit margin of Jiangnan Sugar is almost not inferior to glass? Of course, this is also top secret? You can't ask, you can't tell...... Everyone had to regard Zhao Gongzi as the result of turning stones into gold again.

In addition, Jiangnan Pulp Dyeing also handed over a beautiful answer sheet to the group, contributing a full profit of two million taels.

The group can easily integrate the cotton spinning industry in Jiangnan, and to a large extent, it also relies on the integration of the Wuhu Pulp and Dyeing Association, and thoroughly grasps the cotton cloth sales network all over the country. and then forced all the big families in Jiangnan to surrender their guns.

~~

After the report of each company was completed, it was the twentieth day of the lunar month, the day of the group meeting.

The meeting was held in the conference hall of the headquarters, and the board of directors of the group passed a resolution, and the personnel who are eligible to participate in the group general meeting include the senior management and management of the group, the shareholders and members of the board of directors of each subsidiary, the shareholders and main persons in charge of the grandchildren, and the employees at all levels who have won the group's outstanding contribution award in the past five years.

Therefore, the first item of the conference was that Zhao Gongzi and the members of the board of directors awarded medals and certificates to the 39 employees who won the first batch of group outstanding contribution awards. In addition to a series of promotions, the winners will also be able to participate in five consecutive group conferences.

As a result, compared with the first conference last year, which only had 49 participants, the number of participants this year has increased to 309, which also reflects the vigorous development of Jiangnan Group in the past year.

Download the Mimi Reading APP to read books for free forever

In Zhao Gongzi's planning, the group conference will gradually play a role in consultation and deliberation in the future. If the Group has a major decision, it will give priority to soliciting opinions from the members of the General Assembly. Members of the General Assembly are also entitled to give their opinions and suggestions on any matter in the Group during the breakout sessions.

The future development of the group needs to be brainstormed, and the elites who operate the group also need such a channel to speak. Although it is not up to the board of directors, who would dare to turn a deaf ear to the voices of those at the top of the group?

Then the meeting announced that Chen Huaixiu and Liu Zhengqi were added to the board of directors of the group. This is as it should be, because with Royal Shipping and Jiangnan Textile in a pivotal position in the group, it is inappropriate for the heads of the two companies not to enter the highest authority.

Although Royal Shipping is named "Royal", Jiangnan Group holds 60% of the shares of Jiangnan Group through itself and Jiangnan Shipping, so it is still a holding subsidiary of Jiangnan Group.

Then, Jiang Xueying, as the president of the group, made the group's year-end report to the conference.

At present, the group has 23 subsidiaries and 97 grandchildren, with a total of 32,200 regular employees and 61,000 agricultural and temporary workers.

After the consolidated statements, the group's three-year main business income was 27 million taels of silver, and the main business cost was 17 million taels. After deducting management and sales expenses, R&D expenses, financial expenses, and paying 5% industrial and commercial tax, the net profit was about 7 million taels.

With such a huge amount of expenditure this year, Jiangnan Group actually achieved profitability!

This was actually a bit unexpected by Jiang Xueying, she thought that it would be good to break even this year, and even a slight loss was reasonable.

But at the end of the year, Zhao Gongzi led a team to Japan to rob a robbery, and got back 3.65 million taels of silver at once, and the group's report looked good when it was published.

After joining this windfall, the group can distribute profits of 3 million taels. After withdrawing the surplus reserve and distributing dividends to the shareholders of the branch, the remaining 1.5 million taels belong to the shareholders of the group for distribution.

So in the second year of the company's establishment, shareholders can finally see dividends.

Among them, Zhao Gongzi holds 36% of the group's shares through himself and Singularity Investment, and can pay dividends of 540,000 taels.

Five Yangzhou salt merchants hold 20% of the shares in the form of financial investment, and can pay dividends of 300,000 taels.

In addition, Wu Kee Company holds 20% of the group's shares and can also pay dividends of 300,000 taels. Of course, Jiangnan Group holds 55% of Wu Kee's shares, so the dividend of 165,000 has been withdrawn as the group's income. The remaining shares Jiang Xueying accounted for eighty percent, and Zhao Liben accounted for two percent, so Jiang Xueying could allocate 108,000 taels. Zhao Liben also has an income of 27,000 taels.

In addition, Jiang Xueying personally holds 10% of the group's shares and can pay dividends of 150,000 taels. Oh yes, because of historical reasons, she also holds 20% of the shares of Jiangnan Sugar, which can pay dividends of 300,000 taels...... So she can pay dividends as much as 558,000 taels this year!

Of course, Zhao Gongzi also has 300,000 taels of dividends in Jiangnan Sugar, so he still has the most dividends.

For the remainder, Huajia accounts for 6% of the shares and can pay dividends of 90,000 taels. The two royal families in Taicang account for a total of 8%, which can be divided into 120,000 taels.

The Hua family and the Wang family have a big business, and this dividend is nothing, but Hua Cha, Wang Mengxiang, and Wang Shimao are all happy, and they feel that they are really lucky and wise.

Take a look, the Gu family, the Lu family, the Qian family, the Xiang family, and the Xu family below...... Although they all got shares, they were only at the level of group subsidiaries and even grandchildren. And the group is not listed, they want to be shareholders of Jiangnan Group? The doors are gone.

Moreover, no matter how many shares those salt merchants have, it is also a purely financial investment, and the voting rights have been granted to the son in perpetuity.

So except for Childe and Miss Jiang, only the three of them are shareholders of the group.

Shareholders of Jiangnan Group, how heavy are these six words, don't you need to say more? That's definitely ten times and a hundred times stronger than the identity of the original Nine Families!

The identity of the nine families is not visible, but the shareholders of Jiangnan Group are upright and bright, and they are highly respected. It is the guarantee of the status of their entire family in Jiangnan and even in Daming, how much do you say it is worth?

Besides, with such a large expenditure this year, so much money can be shared. After two years, the group is completely on the right track, and after Childe's plan has achieved results, will it still be done?

Not surprisingly, their children and grandchildren can become one of the richest people in Jiangnan and even Daming just by relying on the group's dividends.

The three of them unanimously made up their minds, and after they went back, they set up an ancestral precept to strictly prohibit future generations from selling the group's shares!