Chapter 410: Fumando Southern Company

Fuxing Precision and Fuxing Forging have relatively little external sales, and basically circulate within the Xinghai Group, so that's not much to talk about!

Fuxing Industry and Fuxing Power also have pretty good revenue.

'Net profit of 1.836 billion! For the specific profits of each company, you can look at this table.'

With revenue of over 12 billion yuan and a net profit of 1.836 billion yuan, it seems quite good!

But you have to look at the net profit distribution of each company!

In fact, of the 1.8 billion net profit, Fule Wine contributed 1.3 billion.

In other words, apart from Fule Wine, the other companies are not making much money.

Why is that?

It's simple. Revenue is high, but so are expenses!

Expenses are mainly in investment, wages, and research and development.

Zheng Lin looked at Han Songlin, whose company had a net profit of 1.836 billion last year, and decided to give 20% of that as a year-end bonus to the staff.

That's 367.2 million.

On average, each person will get a year-end bonus of more than 30,000 yuan!

Of course, the average employee definitely won't get that much, but 10,000 to 20,000 yuan is no problem.

The finance and human resources departments had a meeting, and the year-end bonus will still be distributed according to performance scores.

There are a total of ten levels, with the lowest starting at three months.

The most you can get is 12 months' salary as a year-end bonus!

That's a bit excessive!

But it's fair.

People with high performance scores are definitely those who perform well.

They don't arrive late or leave early, and they don't make mistakes.

Those who perform well at work will definitely get a performance score increase!

Linking the year-end bonus to performance scores is, to be honest, pretty good for business management!

Now that they've done this, in the future, when they look at that person, they'll also value their performance scores.

Everyone will think, 'A performance score deduction means a deduction from your monthly salary, so it's not really useful!'

Who knew they'd do this again.

Anyway, I guess there's going to be a large group of people who are going to cry themselves to sleep in the toilet.

How can just a few thousand dollars be deducted just because they were late a few times?

The price for being late once is a bit too high.

'Last year, everyone was expanding production and introducing new equipment, so it was normal for profits to be low.'

Han Songlin was prepared for the low profits in the industrial manufacturing sector.

But this year, the combined net profit of the several Fuxing enterprises was more than 800 million yuan, which was quite good, to be honest!

The number of stores opened by Fumanduo Supermarket has now reached hundreds, and it is still in a state of loss.

Last year, it lost 370 million yuan, and the bulk of the losses came from the self-built warehouse.

Building your own warehouse is a relatively expensive undertaking. At this point, there are already quite a few supermarkets in the country, but none of them have done anything like Fumanduo Supermarket and built their own logistics warehouses.

Of course, Han Songlin is not at all panicked about the losses incurred by building his own warehouses, and he even feels that it is a good thing.

The warehouses are now built in the suburbs of various cities, but in another ten years, these suburban locations will definitely be located in the city centre.

The location hasn't moved, but the city area has expanded!

The urbanisation craze is about to sweep across the whole of China like a tidal wave.

In just over twenty years, the built-up areas of various cities have expanded many times over.

Li Gang smiled sheepishly. Among all these companies, the Fumando supermarket is the only one that is losing money!

"Boss, don't worry, this year Fumando North will definitely make a profit. This year, Fumando North's revenue will strive to reach 10 billion yuan!'

10 billion yuan in revenue?

Everyone was shocked by the goal Li Gang proposed.

This year the group as a whole only has a revenue of over 10 billion yuan, and next year you alone will have 10 billion!

So what goal should we set?

Xu Lu laughed lightly. At present, Fule Wine has reached a bottleneck in its development to a certain extent.

In terms of wine sales, Fule Wine can no longer say that it is expanding its market much.

Therefore, if Fule Wine wants to develop, it must enter other industries.

Real estate and hotels have become the industries that Fule Wine will focus on developing in the future.

Will Fule Liquor develop into a liquor enterprise like Moutai?

Will it have a market value of trillions of dollars?

Sorry, that's really impossible; Moutai is expensive because it is the only enterprise producing Moutai-flavoured baijiu.

In fact, people think that Moutai is Moutai-flavoured baijiu, and Moutai-flavoured baijiu is Moutai.

The main product of Fule Liquor is strong-flavoured baijiu, and there are simply too many strong-flavoured baijiu in Shuichuan and across the country.

The few golden flowers of Shu white wine are basically all produced in the strong-flavoured style!

The white wine market is constantly changing in terms of the choice of white wine fragrance.

In the 1980s, the representative of the light-flavoured white wine was Fenjiu, and in the 1990s, the representative of the strong-flavoured style was Fule and Wuliangye.

In the 21st century, the representative of the fermented-soya-bean-flavoured style, Maotai, began to rise strongly.

There are too many representative enterprises of the strong-flavoured white wine, and they cannot dominate the market.

Fule Liquor Industry has no intention of dominating the industry, and is instead preparing for a transformation by maintaining its existing production and sales of baijiu and embarking on horizontal development.

Xu Lu looked at Yao Ting, who now managed the Southern Company of Fumando Supermarket.

In the 1990s, the economy of the north was generally better than that of the south, and in terms of economic volume, the north surpassed the south.

However, in terms of economic vitality, the south had already begun to show more vitality at this time.

The north had too many heavy industry enterprises with large-scale investments, but in terms of efficiency, they really couldn't compare to the private enterprises in the south.

Yao Ting looked up at Li Gang, then met Xu Lu's gaze, and a smile involuntarily appeared at the corner of her mouth.

She gave Xu Lu a reassuring look.

'Fumando Southern Company does not have a specific sales target this year. We will complete the layout of all county towns in the entire southern region, and establish supermarket distribution centres in each city, as well as large regional logistics distribution centres within the region.'

Large regional logistics distribution centres not only handle goods from supermarkets, but can also accommodate goods from other companies.

Han Songlin: 'Tell me more about your regional logistics distribution centres.'

Yao Ting knew that Han Songlin would be interested in this.

She remembered that Han Songlin had once said that logistics was the lifeblood of a country's economy.

Through the transportation network, all kinds of materials are circulated across the country.

'We have already negotiated a logistics project with Yuzhou City Hall, which will cover an area of 2,000 acres. The park will be built next to the Yangtze River, and there will be railways within the park, so goods can be sent directly to all parts of the country by rail. In addition, because it is close to the Yangtze River, we are also planning to build a port terminal that can berth ships of up to 5,000 tons.'

Waterway transport!

To be honest, that sounds pretty good.

'The investment will be quite large, won't it?'

Yao Ting: 'The entire construction is expected to cost 500 million yuan. We will first build the logistics park; the dock project will be built later. According to the plan, we will complete construction within the next ten years.'

Ten years is enough time to get this done.

'Once our own logistics park is completed, the goods that Fuxing Industry wants to export can be shipped directly from here along the Yangtze River.'