Chapter 1806 Reducing Profits
Chapter 1806 Reducing Profits
"Many things in investment companies are more complicated, for example, there are more businesses involved."
As Yang Feng spoke, he added: "But even so, we must ensure that our turnover rate is under control. This is my requirement for you."
"Yes, I understand."
"Well, apart from this, there is the internal promotion situation."
Yang Feng looked at Luo Junqing and said, "I see that you are indeed very busy at work at the moment, but it is not reasonable to recruit people from outside. We should have our own training and promotion mechanism internally."
“I have already started to do this, but there is still a lot to be improved.”
"Well, the most important thing is to ensure a certain degree of transparency."
Yang Feng continued, "I know this is impossible to be 100% transparent, but where standards should be set, they should be used to solve the problem. This will also convince many people."
When he mentioned this, his tone became more serious.
The reason why Yang Feng made this request was because he thought of his past self.
He once had the opportunity to be promoted, but failed in the end due to many reasons.
In fact, if there are standards, it will be easier to implement within the company and save a lot of trouble.
Luo Junqing looked at Yang Feng with a little more admiration in his eyes and agreed to everything.
Yang Feng looked at the company's recent situation again.
After he finished reading the last page, he suddenly remembered something.
I seem to have seen the list of richest people yesterday, and I was ranked with assets of nearly 100 billion.
Yang Feng was really curious about how many there were.
He looked at Luo Junqing and said, "By the way, do you know how much assets our company has?"
"what?"
Luo Junqing was stunned, obviously not understanding why Yang Feng suddenly asked this. He thought there was something wrong.
Yang Feng noticed his thoughts and said with a smile: "Don't get me wrong, I'm just curious so I'm asking casually. For example, the real estate we invested in, some of the scenic area assets we built, and those shopping malls, etc., have you calculated the approximate total value of them?"
His questions were somewhat abstract and mundane.
Luo Junqing didn't quite understand why Yang Feng suddenly asked this, but since he asked it, he must have his reasons.
Luo Junqing briefly recalled and said, "I think there will be one or two hundred billion."
"So many?"
Yang Feng was a little surprised.
Luo Junqing nodded and said, "Yes, the several scenic spots we have invested in are all worth hundreds of millions. In total, it is probably several billion. We have built two of the largest shopping malls here, and one of them is already open."
"Ah."
"The turnover for the first half of the year is estimated to be around 2 to 3 billion, so with the other one added, it is estimated to be more than 20 to 30 billion."
As Luo Junqing was talking, he remembered something and said, "Oh, by the way, I forgot to mention it just now. There is actually a very large scenic spot, which is also the largest landmark scenic spot in the entire Donghe Town. Mr. Yang, you have actually been there before."
"Are you talking about the artificial lake?"
Yang Feng remembered immediately.
Luo Junqing nodded repeatedly and said, "In fact, that is not only a scenic spot. We have opened real estate there, as well as other entertainment facilities. We are basically developing the surrounding areas. It is a huge integrated area."
"Well, I've seen this before. It seems to have a hotel, a plaza, and commercial shopping facilities, right?"
"Yes, you're back just in time. It was actually just opened last month, and it's already very busy. According to our estimated financial statements, the profit there last month will exceed imagination."
Luo Junqing said, "There are organizations outside that will evaluate our price. They..."
"Just tell me your own estimate."
Yang Feng interrupted him.
Luo Junqing nodded and said, "Yes, according to my own estimation, within a year, there will be real estate projects nearby, which will be worth at least tens of billions, because this will become the core area in the future."
"What about other places?"
"At present, we are mainly developing infrastructure projects, and some of them are local factories invested in, etc. The total valuation is currently more than 20 billion."
Luo Junqing said, "After this year, with the increase in value here and the locations we occupy after the canal opens, there will be no problem in valuing the assets at hundreds of billions."
His tone gradually became more confident, and even decisive in the end.
After listening to this, Yang Feng roughly understood the reason.
“It seems that this is just the beginning.”
Yang Feng always thought that since he had such powerful abilities, making money should be as easy as snapping his fingers.
But now I find that even after running it for so many years, the valuation of this place is still not beyond my imagination.
However, this is only Yang Feng's asset.
In addition to these, he also owns many technology companies and media, etc. If you add them all up, I'm afraid the shares he owns will exceed the numbers on the previous list.
Yang Feng couldn't help laughing.
Although he is no longer a money-grubber, he still feels a little happy after earning so much money.
But soon, he returned to his usual appearance and said in a relaxed manner: "Okay, I'll leave the matters here to you. I will handle all the reviews for you regarding the email you sent me yesterday. When the time comes, you will have the final say on all the major matters in the board of directors."
"Ah? Mr. Yang, this..."
"It's settled, and I'll form a committee."
Yang Feng became serious and said, "It should be mainly the technical department and people from other related departments who will work together to review the company's many problems on a regular basis and in a systematic manner. This will also help you solve the problems that are currently piling up in the company."
As he spoke, he glanced around.
"Pay attention to rest, especially if you are working overtime."
When Yang Feng mentioned this, he said helplessly: "I know that due to work and competition, there will be a lot of overtime, but we can't be like other companies."
"Yes."
"Don't assign work to employees after get off work. If we are short of people, we can reduce some profits and hire more people."
Yang Feng mentioned this and said, "I don't have any requirements on you in terms of profit, but in other aspects..."
"Yes, I will definitely do as you say."
Luo Junqing's eyes brightened a lot, and there was a little more respect in his eyes when he looked at Yang Feng.
Yang Feng stayed here for more than an hour before finally walking outside.
Luo Junqing personally escorted Yang Feng to the gate of the Science and Technology Park.
Only after watching Yang Feng leave did he finally turn around and go back reluctantly.
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