According to the contract, Lan Kwai Fong Development and Management Company distributed 20% of the profits to the original landlord of Lan Kwai Fong, and the remaining portion was distributed as dividends in addition to repaying the loan and retaining the company.
Although Sheng Zhiwen only had 10% of the shares, he was eventually allocated several million Hong Kong dollars. It was not a lot of money, but it was a good sign.
This year, the company's full-year net profit is expected to reach more than HK$350 million. Based on the current development trend, it is expected to pay off all loans within the next three years.
At that time, Lan Kwai Fong Development Management Company can truly be regarded as a cash cow for the three shareholders of Future Holdings Company, Aetna Properties and Shengzhiwen.
After the report, Sun Dahai and Qiao Hongwei briefly spoke a few words and then adjourned the meeting. Everyone planned to wait until after get off work time to go to No. 9 Hot Pot Restaurant for a group dinner.
Sheng Zhiwen suddenly remembered something, so he took Sun Dahai to find an empty office and started talking to him.
Sheng Zhiwen is now very satisfied. He is focusing all his energy on the Lan Kwai Fong Development and Management Company and is ready to run this project well.
He also owns a COLBY clothing company (Colby) and a California bar.
He came to Sun Dahai because he wanted to transfer the Kormi Clothing Company to Sun Dahai.
The main store of the California Bar is in Lan Kwai Fong. Sheng Zhiwen can still spare time and energy to manage it remotely, but he really can't manage the Kormi Clothing Company.
He knew that Sun Dahai's family owned a clothing company, and Huanyu Trading Company was also in the clothing business. They should all be very interested in Kormi's brand, designers and sales channels.
He has not discussed this matter with Linfenberg and Qiao Hongwei.
Because he knows that Huanyu Trading Company will definitely be interested in sales channels, and the most important brand and design power of Kormi are only concerned by clothing companies, and trading companies ignore these things.
Now Sheng Zhiwen saw that Sun Dahai had some free time, so he told him about this matter. In fact, Kormi Clothing Company has still been profitable in the past two years.
Colby is more like a trading company plus a clothing design studio. It converts customer needs into clothing designs, then finds clothing factories in Hong Kong or mainland China for OEM production, and then exports them to North America under the "COLBY" brand.
It's just that Sheng Zhiwen is almost tied to Lan Kwai Fong now, and has no time to focus on production, communicate with customers, and cannot develop Korbi as before.
Many of the backbones of Korbi are old men who followed Sheng Zhiwen to conquer the world. Sheng Zhiwen approached Sun Dahai because these people could continue to work in the industry they were familiar with.
They are said to be old people, but they are just qualified. In fact, most of them are in their prime. Sheng Zhiwen was born in 1950 and is only 36 years old this year. His team is about the same age as him, and they are all in their prime of experience and strength.
Sun Dahai was very supportive of Sheng Zhiwen's move. He gave up if he couldn't bear it, so as not to overwhelm the interests of his old subordinates.
It's just that this involves Lansili Clothing Company, which is the family's industry, and it also has employee shares that participated in the fund-raising.
Sun Dahai could only tell Sheng Zhiwen that he would help him communicate after he returns, but the specific decision depends on what the other party wants.
In fact, Sun Dahai can completely make the decision for his family. But Sun Dahai doesn't want to get too involved in the affairs of his family's business. If he has to take care of everything, how can others get training? Not to mention that he is too busy with his own affairs.
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To be honest, even Sheng Zhiwen participated in the last fund-raising activity and can be regarded as a shareholder of Lansili Clothing Company. On the contrary, it was Sun Dahaiguang who came up with the ideas and shouted out the words, but he did not have any shares.
"Then you will only be responsible for the Lan Kwai Fong project from now on? What about your California bar?" Sun Dahai asked.
"I don't do it for the money at the bar, but because old friends and customers from the past are here so I can have a place to eat, drink and chat."
Sun Dahai knows this. Sheng Zhiwen himself is not good at eating or drinking. He believes that money is only a measure of success, and he usually devotes himself to work.
His greatest joy in life is to achieve success one after another, and he can be considered a paranoid workaholic.
As for his Kormi Clothing Company, Sun Dahai is willing to acquire it. Firstly, it can relieve Sheng Zhiwen's worries and allow him to work with peace of mind; secondly, it can increase technical support and support for Lansili Clothing Company and Huanyu Trading Company respectively. Sales channels, why not?
Sun Dahai called Hu Cheng and asked him to record it: inform Fang Ying of this matter, and when she returns to Xiangjiang, arrange for Shen Hongda and Helena to come here to inspect Kormi Clothing Company.
The manager of Lan Sili Clothing Company is now named Huang Feifei, but she has no energy to manage the company. Fang Ying is named assistant manager, but she is actually waiting for her to take over the company after graduation.
Shen Hongda, deputy manager and director of Landa Garment Factory, is engaged in production. In addition to production, the entire enterprise still has many problems in management, quality inspection, quality control, procurement and other aspects.
Market development work has not been carried out at all, and orders have been obtained through internal related-party transactions. Even the "Xiao Ma Ge windbreaker" that is now a big seller was arranged by Sun Dahai and underwritten by Huanyu Trading Company through direct processing of materials.
Designer Helena is very talented and currently has two young assistants. All three of them work hard, but as a medium-sized clothing factory, such design power is still too weak.
Currently, the factory is less than a year away from the successful reorganization and resumption of production. Many shortcomings have been covered up by the popularity of "A Better Tomorrow" and the astonishing results of exporting nearly 300,000 windbreakers of the same style in the movie in half a year.
There are still a large number of orders waiting in the queue for Shiweitian and Yingcai School, so Huang Feifei, who is so busy, has not yet treated the matter at the garment factory as an urgent matter.
Now think about it, the shortcomings exposed by Landa Garment Factory are actually the strengths of Kormi. If they can be acquired and integrated, it will undoubtedly be a comprehensive leap for Landa Garment Factory.
Forget it, Sun Dahai curled his lips and didn't worry anymore. He believed Fang Ying and the others could handle it.
It seems that Sheng Zhiwen also engaged in investment in Hollywood movies after 2000, and the results were quite good. You should keep this in mind and wait until the time comes to catch his young man.
Sheng Zhiwen didn't know yet that he was being taken care of by Sun Dahai again. He was very satisfied with Sun Dahai's reaction. Since Sun Dahai said so, at least he would support the acquisition of Kormi Clothing Company.
Sheng Zhiwen sincerely hopes that Sun Dahai can acquire Kormi.
He knows Sun Dahai's character very well and knows that he is a person who values ​​friendship and loyalty. As long as he joins his banner, works hard and doesn't think wrongly, everyone can have a good future.