"This year is a critical and successful year for Jiafeng Group. In the home appliance market, we have stabilized our market share at around 30% and completed the total sales of 10 million TV sets.
, is the first domestic manufacturer to push sales to 10 million units. The VCD market is also continuing to rise. According to survey data, the domestic VCD market has great prospects."
"Last year, the demand for VCDs was 5 million units, and this year it has grown to 8 million units. However, we still firmly control the VCD market. This year, a total of 3.97 million VCDs were sold. For pirated manufacturers, no
For manufacturers that produce products under patent authorization, we launched a heavy attack this year and sued a total of 37 companies, all of which won."
"As another pillar product of the enterprise, the pager market is also booming. From last year's market demand of 12 million units, this year has shown explosive growth. This year, the national demand market for various pagers has reached 2,500 units.
million, and the sales volume of Jiaxun pagers has reached 5.7 million units, accounting for 20% of the market."
"It's just that the unit price of the product has plummeted. From the high price of 5,000 to 6,000 yuan the year before last, to 3,000 to 4,000 yuan last year, to more than 2,000 yuan this year, or even 1,000 yuan, landline phones, phone booths are widely promoted to pagers
It brought development and ultimately prosperity."
"At the beginning of this year, we opened up a new sales model. From the original agent to trying the home appliance city model, we developed a total of five Jiajia home appliance cities this year, covering an area of 3,700 square meters. Progress in this area has been slow.
, and there are many competitors, among which retailers represented by Gome are very strong in the market, and this year they are losing money in this regard."
"In terms of small household appliances, the market has been further released this year. Represented by products such as electric fans, washing machines, and refrigerators, the market has increased by more than 50%. However, our sales have declined. After careful analysis, we believe that
There is a lack of brand power behind these products.”
"Washing machines include Little Swan Washing Machine, Haier, Meiling and other brands that specialize in washing machines, while refrigerators include companies such as Hisense, Panasonic, Siemens, Konka, and even Skyworth. The refrigerator market is still a place where domestic and foreign investment compete. We lack
Independent brands are also lacking in marketing."
"The group has also carried out internal reforms this year to allow the group headquarters to better control its subordinate companies and improve relevant systems in terms of personnel transfer..."
For more than an hour, Wei Yandan stood on the stage and talked non-stop. If Jiafeng is a company mainly focusing on home appliances and industrial chain, then this year's annual report will be particularly good-looking, and its main products will dominate the market.
of very large proportions.
Product quality is also well-known throughout the country. As a brand, its main products are several steps ahead of its peers in terms of quality, after-sales service, and technology, especially after-sales service. Jiafeng is the first in the country to deliver goods to your door, return goods within seven days, and provide returns within 15 days.
A company with day-to-day replacement and two-year warranty.
The time has pointed to 11:40 noon, and Wei Yandan's work report is coming to an end. She looked at the last page in her hand, took a deep breath, and said: "Jiafeng Group's annual sales exceeded 10 billion.
RMB, this year’s total sales were RMB 12.756 billion, net profit was RMB 2.438 billion, and the total annual expenditure was US$.7113 billion. The overall
Loss status."
1.7 billion!!!
Or U.S. dollars?
Many people present, who were participating in this kind of year-end meeting for the first time, took a deep breath, looked at the people next to them and whispered: "It's so bad. You are earning RMB and spending US dollars. Are you going to go bankrupt?"
"Why are you panicking? I don't have any money to spend."
"Whose money does it cost?"
"Did you see that white man in front of you? The one who took advantage of you."
Many people present secretly calculated using the exchange rate. This year Jiafeng Group spent more than 1.3 billion yuan on expenditure alone. How much money does this cost!
This amount of money is an astronomical amount for an individual, but how many factories has Jiafeng built this year, how many wages are there, how many advanced assembly lines there are, how many engineers have been recruited around the world, and how many laboratories and R&D centers have been established.
All the money will go somewhere.
John's face was not very good. He invested two billion US dollars last year. The initial budget for the R&D company was 500 million, and later it was increased to 1.5 billion. But how did the other 200 million be consumed?
As Wei Yandan came down from the stage, the morning report meeting was over. John stood up and said to Wei Yandan: "Give me a copy of the financial report and I will take a look."
Wei Yandan looked at Lu Feng, who waved his hand and said to Feng Zhiyao and the others: "Let's eat first and continue in the afternoon."
Liucheng walked out without saying a word. During this year, many people within the group attacked him. Many people thought that the R&D company burned too much money, especially some 'meaningless' money burning, which they considered a waste.
All money.
All kinds of harsh words came out at the scene. People walked side by side in small groups, whispering to each other. Yang Fuqun was followed by several executives from other departments. One of them asked in a low voice: "Why is the R&D company so hot?"
What about money? Konka, Skyworth, and Changhong don’t spend so much money.”
"Who knew, tens of billions of dollars could kill someone if piled up in piles." Yang Fuqun snorted coldly: "Foreign engineers are really popular in setting up R&D centers around the world. I heard that one of them was dug up
Toshiba's small team built a R&D center in Tokyo. The salary of the person in charge was as high as 50,000 US dollars a month. This was just the tip of the iceberg. The R&D center in cooperation with Nokia was burning money at a rate comparable to bribery.
Lord Yama."
Several senior executives secretly smacked their lips when they heard this. They didn't expect that the company's top executives would use all their money to do these things. Another person hurriedly asked: "It must not be about developing TVs or something, right? What is that?"
"Speaking of semiconductors, last year Guangzhou Optoelectronics established a total of seven large R&D centers at home and abroad, not counting the small teams poached from some foreign-funded companies. Can you tell me how the money was spent?" Yang Fuqun said unhappily.
"Fifty thousand U.S. dollars? That's... 400,000 U.S. dollars a month?" When the people next to them heard this number, their eyes turned green. They had worked so hard to get over 100,000 U.S. dollars a year. Of course, in China,
It is to live a luxurious life, but compared with others, it is equivalent to ten days' salary?
"What is a semiconductor?" Another asked curiously: "It's so expensive!"
"To put it simply, it is to integrate and reduce the diodes and various circuits in the TV. They are many times thinner than a hair. It must be expensive to develop these things. As for whether the money is really spent or replaced
Who knows if the method will be exported? After all, I haven’t seen foreign R&D centers and personnel with my own eyes, so I can’t talk to them and ask them how they work so hard for a salary of hundreds of thousands a month!” Yang Fuqun said angrily.
He made a sound and strode forward with rapid strides.
The remaining few people look at each other and look at each other. They feel that they are already at the top of the company. After all, they are just below people like Wei Yandan and Zhu Lidong. Now it seems that they are far away from spying on how the top people make money.
, there is still a long way to go.
Yang Fuqun's statement spread quickly during lunch time. Everyone was shocked by the huge loss. Coupled with this statement, they had to think about other aspects.
In the private room, Lu Feng looked at everyone and said some words. As the food was served, Lu Feng picked up half a glass of red wine and said, "Everyone has really worked hard this year. Although the company is still losing money, we have made huge achievements.
We have made great progress, especially in research and development. Last year we were still poor in integrated circuits. This year we have not only established a production line in the Tianjin factory, but also have many patents in terms of technology."
"This is a huge step. I believe that in the near future, we will be able to produce all chips and store them ourselves. For this glass of wine, I would like to express my gratitude to Mr. Liu for your hard work!"
Lu Feng stood up and clinked the glasses with Liucheng. Then they both drank in one gulp, and then drank with others. The atmosphere at the dinner table became lively, and everyone except John looked very happy.
"The R&D company's expenditure this year is indeed too large. We cannot afford such expenditure. However, the previous hard expenditure has been invested. As long as this situation is maintained, next year's budget will not be too high. Our budget for next year will not be too high."
The mobile phone is about to be launched, and if we can produce it in full later, the cost will be greatly reduced and the profit will be very considerable." Lu Feng said to the crowd.
"Mr. Lu's proposal is very good. The prospects of mobile phones are very good from a global perspective, but you said that Jiafeng's mobile phone will be on the market next year." John looked at Lu Feng and asked: "How can you guarantee this? Project
If it cannot be implemented, the previous investment will be in vain.”
"It can be produced next year!"
"How to produce it? Where do you get the core 2G motherboard?" John asked, staring at Lu Feng.
When the people in Liucheng heard this, they froze on the spot, feeling that something was not right. Lu Feng looked at him and laughed, put down the wine glass in his hand and said: "This matter has not been resolved yet, but I can guarantee that it will be over."
It will be solved within a year."
"After the New Year? Where do you come from?" John looked at Lu Feng with interest and said: "As the major shareholder of the company, I should have the right to know about any actions of the company. Can you tell me that the R&D company originally scheduled for ten
Five hundred million U.S. dollars, excluding corporate promotion, daily expenses, building construction and other projects that cost 100 million U.S. dollars, where did the remaining 120 million U.S. dollars go?"