Minke's black technology

Chapter 97
Monkey is indeed more suitable for the position of CEO than Li Maoye.

If he was asked to talk so much, it would probably be very boring, at least he would think it was boring and empty.

But the same thing, it is much more interesting for monkeys to talk about it, and it will not make people fall asleep after listening to it. Instead, they want to know more, so continue to listen.

"...The above is the general report of our company's development this year."

After the monkey finished speaking, people from the tank and other departments spoke. Balabala talked a lot, but in Li Maoye's opinion, it was all nonsense, and he didn't care much.

When it was Li Chunxue's turn to speak, that was the main point, and it was related to their company's financial situation.

As a result, she said as soon as she opened her mouth: "According to the company's development, I expect the company to pay off all debts in June 2021!"

Then there is a more detailed financial report. Judging from the data she provided, Meow Star Technology still owes a lot of money to the bank. It is not the 5000 million that the three people borrowed when they founded the company, but to build more batteries later. Liquid production plant, successively borrowed money from the bank.

These sums add up to a total of 120 billion!

"Why did you borrow so much money?" Li Maoye couldn't help asking.

According to Li Chunxue, their company is actually operating in debt. If it hadn't been for the strong cash flow, maybe the day the bank came to press for repayment, Meowstar Technology would go bankrupt immediately.

Of course, this situation will not happen. These loans do not require any collateral, and the bank has also given a relatively long repayment period.

"Don't worry even if the capital turnover is not good, the power group will take care of it according to the situation." Zhou Lin replied calmly.

Having a backer is awesome. Not only can you lend huge amounts of money without collateral, but there are also many hidden benefits.

"You can ignore the issue of borrowing money, but how did you spend so much money to set up a factory?" Li Maoye raised an objection. He really didn't pay attention to this aspect, so he didn't understand how Meowstar Technology owed 100 yuan all of a sudden. How many billion?

Monkey quickly said: "In order to meet the needs of all parties for high-energy batteries, our Meow Star has signed a relevant agreement with the power group, which includes that the daily production level of battery fluid must reach more than [-] tons."

Li Maoye nodded, expressing his understanding of the thoughts of relevant departments.

"Our company now has a total of eight battery liquid production plants, and each production plant has at least eight production lines, including production equipment, personnel placement, cost of preparing materials, purchase of factory land, factory construction, etc., all of which have to be invested. More than 100 billion is not enough." Zhou Lin added to explain.

In fact, the main reason is that the facilities on the land are costly. When Meow Star Technology built the factory, it also took down the land near the factory area, preparing to build the living quarters and dormitory buildings for the employees. It cannot be built.

After thinking about it carefully, Li Maoye knew that except for the first one in Bao'an, Pengcheng, the others were built in relatively remote places, and many things had to be started from scratch, which had to be done for the sake of confidentiality.

"There is no need to worry about the loan for the battery liquid production plant. First, the repayment conditions are very loose. Second, judging from the current production status of battery liquid, it only takes more than a year to repay all the loans." Li Chunxue replied.

Pay off 120 billion in more than a year!

Wouldn't it be net profit after the repayment?
This battery fluid is really expensive!

The country has a great demand for this kind of high-performance battery, and the supply and demand of the battery liquid produced now has been insufficient. Only after all the factories start production at full capacity after the Chinese New Year can it be possible to alleviate this demand.

In fact, the battery liquid provided by Meowstar Technology to the country is sold at the price of cabbage, which is much lower than the market price. After all, the production line technology provided by Li Maoye is too powerful, and it can be done with some ordinary materials after special treatment, and the cost is so low. Fingers crossed.

If the battery is sold at the market price according to the performance of the battery, the profit will be more than tenfold!

After talking about the battery, Li Chunxue continued her financial report. Judging from the various data, except for the cloud compression project, which has been in and out, the projects of other departments have made a lot of money, especially the liquid cat that Li Maoye personally completed. Projects such as software, liquid cat mobile phone plug-ins, 5G communication data encoding, and polyurethane molecular batteries all have profits exceeding [-] million yuan.

Such a data report is simply amazing!
Next came the question of how to divide the pork. Although the company was established for a short time, it made a lot of money, especially the few patent fees that Huayao Company gave, which seemed like money falling from the sky.

The profit of the battery liquid production plant after excluding the labor cost and material cost is extremely generous. Although most of it was used to repay the loan, many of them were transferred to the company's account, making the company's cash flow sufficient.

"Since we are not short of money, let's pay year-end bonuses according to Penguin's practice!"

Li Maoye will not treat employees badly. He has also worked as a grassroots employee and knows what everyone cares about most.

Especially when it comes to money, they are very relaxed. Salary, bonuses and benefits are all determined by the monkeys. As long as they don't treat him as a bully, he will usually approve it when he comes to sign.

"Monkey... Mr. Huang should know how penguins count as year-end awards, right?"

"I know this best. I have already asked Haruyuki to prepare everyone's bonuses." Monkey took over the topic and said, "Employees in our company with few employees get three months' salary. I won't talk about the highest one. No one is higher than Mr. Li."

Everyone laughed when they heard this. Of course they were happy in their hearts. They knew that their boss was not stingy, and they didn't expect such a generous bonus to be distributed.

The company has been established for a short time, and most of the employees have just become full-time employees. To be able to return with so much bonus at the end of the year can be regarded as a fat year!
After the meeting, Li Maoye asked his younger sister Chun Xue in private: "How much money is in my personal account?"

Since Li Maoye has set up a laboratory outside, the equipment that needs to be purchased, the daily expenses of the laboratory, employee benefits, etc. are all paid from this account.

And the patent fees received by Huayao Company are also transferred into the company's account first, so he must have a private account in the company, which is specially used for settlement with the company.

"There should be more than 1 million now!" Li Chunxue replied immediately.

"There are so many?" Li Maoye was slightly surprised, "Have you deducted the expenses of the laboratory? I remember that at least a lot was spent on the laboratory."

Li Chunxue checked the account with his mobile phone, and after confirming it, he said: "It is indeed more than 1 million. After deducting personal income tax and daily expenses, there are about 6000 million in your personal account."

"There's so much money!"

Is this the achievement of a small personal goal?In fact, if fixed assets and company shares are counted, he has already achieved hundreds of small goals.

Especially for Huayao's 5G communication data encoding algorithm, the patent fees for that project are all owned by him personally, and the battery liquid production plant has a huge shipment, which makes him have a steady stream of income every day.

"Transfer 300 million to this account!" Li Maoye said to his sister.

(End of this chapter)