Chapter 397 Deduction of points means deduction of money
After scolding the two, Gao Jin directly announced that they would not receive year-end bonuses this year.
Next, we will begin to summarize the work of the entire Xingling Group last year.
Aurora Biotech is unquestionably the number one company in terms of profitability.
The second place is Shengguang Solar Energy Company
Third place, Starlight Investment Company.
Fourth place, Rocket Bear Takeaway Company.
Fifth place, Nebula Technology Company.
Sixth place, Starlight Biotechnology Company.
Seventh place, Harvest Agriculture Company.
The top five belong to the most profitable group under Xingling Group.
The fifth to ninth places belong to the second group of profitability.
The rest have subpar profitability.
This sentence was said by Gao Jin, and the CEOs of these companies are unable to refute it. The facts are there and it is difficult for you to refute it.
Zhao Guangming, general manager of Xingguang Biological Company, is under great pressure because the harvest agricultural company's annual profit is only more than 230 million less than his own.
Gao Jin just said that the development of Harvest Agriculture Company has been on the fast track. With the delivery of one planting building after another, the profitability will become stronger day by day in the future.
Furthermore, Fang Jingquan of Harvest Agriculture Company also reported that he will establish a branch in country E this year and has purchased land between Moscow and Domodedov.
Construction will start in March this year. An agreement has been signed with Moscow Onev Construction Group, and the construction must be completed within the specified time while maintaining quality and quantity.
If it exceeds the deadline, Fengshou Agriculture Company needs to be compensated for its losses.
The price of vegetables in Moscow is very high, and most of the vegetable supplies are supplied by five companies including the Dutch Agricultural Group and the Spanish Mesc Agricultural Group.
The vegetable market is basically monopolized by large European agricultural groups.
They often resort to tricks such as not being able to supply on time, and shoddy products are common tactics. In order to maintain the supply of vegetables, you can only endure it for the time being.
The purpose of introducing Harvest Agriculture Company is to break this monopoly. When Harvest Agriculture Company starts to supply vegetables, country E will also introduce relevant policies to support Harvest Agriculture Company.
The branch factory in Kunshan currently has 100 buildings in production, and more than 200 buildings in Dafang City are in production.
This year, Kunshan can deliver another 50 planting buildings, and Dafang City can deliver 100 planting buildings. The production capacity of Fengshou Agriculture Company will be further released.
Not surprisingly, Harvest Agriculture will surpass Starlight Biotech in the rankings this year.
It is impossible for Zhao Guangming not to be anxious.
It was Jane's first time to attend the annual meeting of Xingling Group, and she was shocked by the overall profit of Xingling Group.
Never in my wildest dreams would I have imagined that almost all of the companies under the Protoss Group are profitable companies.
Starlight Technology Company and Starlight Mobile Phone Company are exceptions.
The last two companies, Starlight Literature Network and Starlight Agency, although they were reprimanded, are still profitable companies, even if they are not very profitable.
Starlight Literature Network's reserve fund task is 500 million yuan. However, last year we launched a project to open up foreign markets, which cost a bit too much and failed to achieve the goal.
The same is true for Starlight Agency. Wei Baoling signed four potential artists from Taiwan and six potential artists from the mainland in one go.
If this factor is excluded, Starlight Brokerage's annual profit would be around 100 million.
It is estimated that the two companies can complete the reserve fund task 100% this year, as long as they do not expand, and the task volume for the two of them is not large.
However, compared with the profits of other branches, these two companies are a bit lacking.
At this time, Gao Jin finished speaking and glanced at Zhou Ziru, who stood up.
"Everyone, Xingling Group achieved good results last year thanks to your efforts."
"The European Finance Department has completed the reserve fund task of 50 billion euros, and the headquarters finance department has also completed the reserve fund task of 40 billion euros."
"The purpose of setting up the reserve fund task is to increase the risk resistance capabilities of all enterprises in Xingling Group."
"I hope you won't be careless. If another company fails to complete its reserve fund tasks this year, our Finance Department will submit a report on personnel adjustments."
Zhou Ziru said, glancing at Tao Xingzhi and Wei Baoling. The key point of this sentence is to point out the two of them. Don't be careless. It's just your two companies that have not been completed.
If you want to expand, you must first complete the reserve task before expanding. This is a matter of principle and no compromise will be tolerated.
"Last year, Xingling Group and its various subsidiaries had a net profit of 124.6 billion euros, of which the top five profitability companies accounted for 92%."
"The second-tier companies account for 7.88%, and the remaining 0.02% is the proportion of other companies."
"Our R&D expenditure is 6.4 billion euros and the total administrative expenditure of each company is"
Zhou Ziru began to list various summarized data one by one, and at the same time announced this year's financial plan.
The reserves of the first group increased by 20%, the reserves of the second group increased by 10%, and the reserves of the remaining companies basically remained unchanged.
R&D funds will be further improved. This year’s financial indicator is a 30% increase, further increasing the technological reserves of Xingling Group.
The financial review will also be carried out this year. The Tianchao headquarters will conduct a cross-examination with the European Finance Department to review the financial accounts of each subsidiary.
The specific time will be announced separately.
Many people have recorded in their notebooks, and they all feel that the Finance Department has been very strong this year.
After Zhou Ziru finished speaking, Guan Hongsheng stood up and was followed by Guan Hongsheng. Guan Hongsheng was not polite and directly named several companies. These companies all had problems with irregular legal documents.
It is officially announced that this year's review by the Legal Department will be included in the year-end bonus assessment, and those who fail the review will have ten points deducted.
Hearing this news, many people's faces twitched. Ten points deducted from the year-end bonus is not a small amount of money, especially the general managers of the five companies in the First Group.
Immediately afterwards, Hyde Hill also stood up and spoke, naming Anderson. There were problems with seven contracts of Starlight Mobile Company, and Anderson was required to complete rectifications before April this year.
If it is not completed, Anderson will be deducted ten points this year. Anderson recorded this matter in his notebook with a serious face, not daring to be careless at all.
Now, Anderson has clearly understood how the internal rules of the Protoss Group are played, and being deducted points is a very painful thing.
The Starlight mobile phone will definitely be launched this year, and making profits according to the plan is not a problem at all. If points are deducted for this trivial matter, Anderson will never forgive himself.
Deducting points means deducting money, and the year-end bonus will be much smaller.
After everything was finished, Gao Jin looked at the time and saw that it was already 6:40. He announced that the meeting was adjourned and that everyone would have dinner together today.
Anyone who has any questions can come to Gao Jin's home from tomorrow to communicate with Gao Jin alone, just like the original rules.
Gao Jin enjoyed tonight's dinner party. Although many problems were discovered at this annual meeting, overall, Gao Jin was satisfied with Xingling Group's profits.
When it was almost ten o'clock, Gao Jin was helped by his bodyguards to get into the car and leave. The general managers were also sent to the car and left by personnel arranged by the administrative department.
Shan Xiangyun has regulations for these people. They must watch these general managers enter their rooms. If they fail to do this, they will be punished.
No one dares to be careless.
One night passed, and on the afternoon of the next day, Anderson took the lead in going to Gao Jin's residence to communicate with Gao Jin. Now mobile phone production is in progress, and a lot of European and Chinese APP software have also been produced.
There must be a clear time when it will be launched on the market.
After about two hours, Anderson left with a satisfied look on his face. This time he had a pleasant conversation with Gao and made many plans.
Anderson left, and Ji Xueyi came over right after. We had dinner at Gao Jin's place and set the profit target for the investment company this year.
Starting from the next day, the general managers of these subsidiaries came over one after another to have one-on-one conversations with Gao Xicheng.
After the conversation was over, he left by plane and returned to the company he was responsible for.
A week passed slowly. On this day, the year-end bonuses of the Xingling Group headquarters began to be distributed. Starting tomorrow, the year-end bonuses of the research institute and various subsidiaries will also begin to be distributed.
This time of year is the happiest time for Xingling Group employees. As soon as the money comes into their account, every one of them smiles.
After Gao Jin stayed at the headquarters for three days, he took Jane by plane to Shangjing City, the imperial capital. He stayed with his father at home for a few days, and then flew to Xiangjiang City together.
It's good to have a private plane. You can leave whenever you want. You just need to report to the airport two hours in advance.
He went back to his home in Xiangjiang to rest for a day, and assigned two female bodyguards to Jane so that Jane could move around freely. Gao Jin was not working during this time.
That afternoon, Gao Jin was picked up by Gao Yihai and did not come back all night.
The next morning, Gao Yuande went to his eldest brother Gao Yuanming's house and said unhappily, "Brother, you don't care about Yihai, are you going to let him continue to act like this?"
"Yuande, we are old and can't take care of it anymore," Gao Yuanming said with a smile, which made Gao Yuande feel helpless.
"I'm not kidding"
Gao Yuanming looked at Gao Yuande and said something very sure, and the expression on Gao Yuande's face changed.
"Yi Shan has been trained, and it's time for me to retire completely. Time is not forgiving, and my energy is really running out."
"A month ago, I talked to Yishan and Yihai, the two brothers."
"Yihai's choice is exactly the same as yours. He made it clear that he would let Yishan take over the Gao Group and he would only take the dividends. The company under his name will be separated from the Gao Group."
"Xingfeng Supermarket Chain is under the name of Yihai"
"He pulled Gao Jin away probably because of the problems of the Xingfeng supermarket chain. Now that the supermarket's profits are declining year by year, Yihai is not sure how to transform."
Gao Yuanming explained it, and then Gao Yuande understood what was going on.
"Brother, since you want to retire, why don't you come with me to Shangjing City, the imperial capital, and we two brothers can keep you company?"
"I guarantee your life will be better than here in Xiangjiang"
"Gao Jin is too ambitious and wild. If something happens, we brothers can discuss it."
Gao Yuande watched his eldest brother say these words. He made this decision not blindly. Several things that happened this year really scared Gao Yuande.
Especially the suppression of Xingling Group, Gao Yuande didn't have a good rest for a whole week. He was worried all day long, worried that his son would not be able to pass this level.
Until Gao Jin really broke through, Gao Yuande's heart calmed down. For several days in a row, he slept for more than ten hours a day.