Jiafeng Electronics is currently in good condition, with monthly profits of around 15 million, and annual profits estimated at around 200 million.
Judging from the company's original valuation, Jiafeng Electronics' debt was extremely high, but judging from its future prospects, a debt of more than 200 million yuan was nothing at all.
At present, the company's biggest monthly expense is employee wages, which have reached more than 7 million yuan, with less than 20,000 employees. Only Jiafeng Electronics has such high wages.
The person in charge of finance said that the salary can be appropriately reduced. Compared with other companies with more than 10,000 people, the employee cost of Jiafeng Electronics is too high.
"If the salary cost can be reduced by two million, then our monthly profit can be as high as 17 million. If we reduce it in other aspects, 20 million is not a problem."
Lu Feng shook his head and said: "We cannot reduce this aspect. Three to five million a month is meaningless and cannot be of much help. What is the situation with some financial companies at home and abroad giving us valuations?"
"Some time ago, some financial institutions in Hong Kong suddenly made an evaluation for us and issued a valuation report. They include Tai Fook Financial Group, Sino-Fung Financial, Bailihao Investment, Chase Investment, and Goldman Sachs Capital. This Goldman Sachs Capital is
Under the Asian head office, these companies are surprisingly consistent, they are all valued at one billion!"
One billion?
Lu Feng raised his eyebrows, sat there and pondered for a while, and then asked: "What do you think?"
"I think this may be something some competitors spend money to do. Set a price for us first. If we want to raise funds in the future, investors can use this report to stumbling block and lower the price."
Zhu Lidong said.
"I have the same opinion, but to give us a valuation of one billion is looking down on us. This factory alone is worth three hundred million. The market is so good now. A value of one billion is really too small.
I'm here." Zhang Fengxia continued.
Everyone was chattering, and the scene was a bit chaotic for a while. The person in charge of finance pondered for a while and said, "Could it be that these financial institutions want to enter the market?"
Lu Feng's heart skipped a beat when he heard this. He suddenly realized something and asked, "Do you have the sales data of foreign brands in the past year?"
"Yes, but it's not very detailed." Zhu Lidong said.
"Bring it over and let me see!"
Zhu Lidong turned around and said to a man sitting behind him: "Xiao Zhao, go to the data cabinet in my office and get the foreign brand sales data sheet."
A few minutes later, a data sheet was placed in front of Lu Feng. The data showed that the domestic sales of sixteen foreign brands were increasing.
"Their market has been growing. After all, they all want to buy foreign brands with advanced technology and reputation." Zhu Lidong said: "We have not affected them too much."
"In the future, you can't do this when doing data. Just put a bunch of data on it for comparison and make a visual graph, you know?" Lu Feng put several folders together, took out a piece of white paper and drew a simple data change graph.
"Not only do we need to compare monthly sales, we also need to compare annual data, compare market and brand growth rates, compare data growth rates between foreign investors and foreign investors, and compare data growth rates between domestic and foreign brands. It needs to be comprehensive!"
The heads of various departments present looked a little unnatural. With so much data, a professional department is required to make tables, and the company does not do this now.
Domestic data is indeed very rough, but foreign business data is not rough.
Zhang Fengxia looked at Lu Feng with a hint of experience. This kind of comparison of various data can show real growth. Only some large financial companies on Wall Street can do this kind of data.
Ten minutes later, Lu Feng drew seven or eight pictures, put down his pen and sighed: "We are being targeted by foreign capital."
"ah?"
"Last year, the domestic TV market growth rate was 43%, and the sales growth rate of foreign brands was 39% year-on-year. It basically grew in line with the market, but it can be seen that it has fallen behind."
Lu Feng held up the graph in his hand and said: "The data may not be accurate, but it definitely reflects some facts. Over nine months this year, the market's month-on-month growth in recent months has been as high as 130%, which is an absolute explosion.
period, but the growth of foreign brands in the past few months is less than 27%."
"Just looking at their own data comparison, they are indeed growing, but compared with the general environment, they are growing at a negative rate. In this case, action must be taken. This data is very inaccurate, and my calculation is also rough. They
There must be more accurate data in hand."
"The valuation of these financial institutions is done by these foreign brands. They set the price first, and then started to invest in or acquire shares." Lu Feng said solemnly.
"It's acceptable to become a shareholder!" Zhu Lidong thought for a moment and said, "We can quickly improve our technology."
Lu Feng is very familiar with the hegemony of foreign capital. Not to mention now, but even more than ten years from now, foreign capital will have absolute initiative once it has a technological advantage.
You pry into other people's technology, and they still want you to be a modern factory. No one is a fool.
Lu Feng never thought about turning Jiafeng Electronics into a foundry. He even hoped that he would use Jiafeng Electronics just to make money!
"Let's start with this. The data of each department will be better in the future. Another thing is to announce that before the end of the year, there will be an internal reorganization and many new departments will be expanded. This is done to adapt to the company.
New strategic goals.”
"What we want to do is not only TV sets, our goal is an electronics group. Diversification is always our pursuit. We must have big plans and strategies to form an industrial platform and industrial chain, and ultimately achieve industry complementarity!"
"Let me tell you in advance that a comprehensive business department will be established to cooperate with R&D companies to carry out product incubation and seize market segments. The reorganization should be completed before the end of the year. At the same time, domestic companies must join forces with foreign brands to strangle the market. As long as they have the ability,
I will not hesitate to promote some people."
Lu Feng looked at Wei Yandan and asked, "Vice President Wei, do you have any thoughts after listening to this meeting? You can tell me."
Everyone at the scene looked at Wei Yandan. They had already realized that this woman would be the head of the new department.
Wei Yandan used to think that she was a high-level manager, and her perspective on some issues was different from that of the lower management. She was not much different from Mr. Zhang and Mr. Zhu.
But after a meeting, she was confused and found that she couldn't understand what Lu Feng was talking about. Apart from department work reports, they were all descriptions of macro strategies.
She was looking at some of the work of her department, while Lu Feng was looking at the entire electronic market, banks, product research and development, and even the overall strategic framework at home and abroad.
In fact, she didn't need to be nervous, because not only did she not understand, but everyone present had only half-understanding, and they just knew that the department was going to be reorganized.
"I feel that I have many shortcomings. It was the first time I came into contact with the company's planning. I was still shocked, especially by Mr. Lu's ability to control the overall situation. I really admire him. I will study harder and not fall behind." Wei Yandan stammered.
, was stunned for a moment and said hurriedly: "I'm going to learn data visualization tonight."
Lu Feng raised his head and glanced at the clock on the wall. It was already past ten o'clock. He sorted out the folders and said, "Let's adjourn the meeting. By the way, the bank went to say hello with a loan of nine million. I owe two hundred million."
, don’t miss these millions, let them postpone it until the end of the year, if they don’t agree, let their president call me and break up the meeting!”
After Lu Feng walked out, everyone stood up and stretched. A few people whispered: "I thought I could relax for a few days. I have never been so tired in my life."
"Who made you tired? I didn't hear what Mr. Lu said. Where are you now? You don't want to leave."
"Shit, you go, I have to go back to study."
Wei Yandan stood up and was polite to the bosses. She stood there and took a deep breath. She had always felt that these bosses lived a comfortable life every day, as if they were making money just by walking around and scolding people.
If you're not in your position, you don't know the difficulty.
When Zhang Fengxia walked out of the conference room, Wei Yandan hurriedly chased after her and said, "Mr. Zhang!"
"Huh?" Zhang Fengxia saw it was her and said, "Your opportunity has come, do it well."
"Mr. Zhang, I was very confident a few days ago, but at the meeting tonight, I found that I couldn't understand a word of what Mr. Lu was talking about: big plans, industrial platforms, and domestic and foreign market strangleholds." Wei Yandan was anxious.
His big face was all wrinkled.
"It's okay. Not many people understand. Do you really think everyone has the brains of Mr. Lu? There is no one like him in the country. You should study more. People are good at talking. We
I'm just running errands." Zhang Fengxia patted her shoulder and said, "Don't be too nervous. You have gotten along with Mr. Lu before. He is very nice."
In Wei Yandan's eyes, the Lu Feng now and the Lu Feng before were completely different people. When he sat there with the folder in hand, everyone he looked at was on pins and needles.
"Well, Mr. Zhang, you should go to bed early. Which book is that data chart in?"
"You can read any books on statistics."
Zhang Fengxia returned to the office and sat there for a rest. She could feel Lu Feng's ambition. He was not just a business owner.
It is easy to see from his words that he is heading towards building a business empire.
After Lu Feng took a shower, he called Jiang Xiaoyan at home and chatted about the lipstick factory. It was already 11:30 in the evening, and he couldn't sleep. He was half lying on the sofa, but his mind was thinking about how to break through the situation in front of him.
There are two paths before Jiafeng Electronics, either reject foreign brands, raise some money, and develop slowly. It is estimated that in more than ten years it will grow into an electronics group with assets worth tens of billions.
But it’s a bit difficult to go global, and we can’t break through in terms of technology.
Another way is to accept foreign investment control, then all the following days will be a game with foreign investment, and the chance of becoming a foundry is too high.
In the previous life, Lu Feng often complained that the domestic electronics industry was soft. It had developed for decades, relying on low prices and focusing on simple technologies such as computers, mobile phones, air conditioners, and washing machines. High-precision things were stuck.
of death.
Only after he did it did he realize the difficulties involved!
"Money! Money!"
Lu Feng rubbed his face with his hands and shouted.