Rebirth 1981 starts with saving the sisters from the neighboring village.
Chapter 373 [Team meeting at the end of 85, 22 billion Hong Kong Red Star Records]
It’s the annual team meeting at the end of the year again.
The performance of all sectors this year has been good.
Especially Red Star Records.
"This year alone the revenue of Hong Kong Red Star Records reached HK$22 billion!"
Qiu Shufen's joyful tone contained a domineering tone.
This is the confidence that a Chinese music record overlord should have.
“Secondly, thanks to the development of the mainland market, the performance of Pengcheng Red Star Records and Yangcheng Red Star Records has surged this year.
Among them, Pengcheng Red Star Records signed Zhang Qiang and released two albums.
The first "Tokyo Nights" sold more than 3.8 million copies.
The second single "Shy Girl" sold six million copies!
The total sales of the two copies are close to 10 million copies!
It has created a revenue of nearly HK$400 million for us and a net profit of more than HK$50 million. "
Qin Wanqiu talked eloquently.
Generally speaking, a record can bring the company a net profit of more than ten Hong Kong dollars.
But in mainland China, the main sales are tapes and CDs, not vinyl records.
Therefore, the unit price has been reduced a lot, and the profit is only HK$5, which is lower in comparison.
But even so, because the mainland market is so huge, the net profit of HK$50 million from two albums is simply staggering.
You must know that Pengcheng Red Star Records has just been established. To achieve such a performance is simply to put money in a sack!
Qin Wanqiu is already very satisfied.
Thinking of this, Qin Wanqiu couldn't help but glance at Peng Wanhua with admiration.
She knew that someone had set up a ten-year contract for Zhang Qiang and signed a liquidated damages of 50 million RMB.
Could it be that he had a sharp eye and saw Zhang Qiang's potential from the beginning?
“Yangcheng Red Star is mainly engaged in music introduction, responsible for existing copyright operations and music market development. This year’s revenue exceeds one billion Hong Kong dollars.
Net profit exceeds HK$1.5 billion! "
Hearing this data, Peng Wanhua couldn't help but nodded slightly.
The mainland market is far from comparable to that of Xiangjiang. Although it has just started, it has already shown extraordinary potential.
“The third largest market comes from Xiaori and Southeast Asia.
This year’s revenue is approximately HK$500 million, and net profit is approximately HK$50 million.
The fourth largest market comes from the Americas and Australia, with revenue this year of approximately HK$300 million and net profit of HK$28 million.
Including revenue from other regions, the total revenue of the record group this year exceeded 4.5 billion, with a net profit of HK$450 million..."
Catherine finished the report in one breath.
Other businesses, such as TV stations, newspapers, magazines, comics, and film investments were not yet popular, so she basically took care of them in a few sentences.
clap clap clap!
After listening to her report, everyone gave her warm applause!
As a woman, she can develop the entertainment sector to such an extent, which is simply eye-catching!
Qin Wanqiu raised her wine glass and gave everyone a drink in return.
Peng Wanhua toasted her with a glass of wine, and then said: "Very good!
The Xiangjiang market has indeed almost reached its peak. Wanqiu needs to think more about how to maintain our position.
The mainland market has just started. We have achieved certain results, but we still need to speed up the pace.
There are also vast markets in Shanghai, Beijing, and inland areas.
There are new technologies emerging one after another, and we must keep up with the times.
Everyone can basically feel that record sales are becoming less and less than before.
Sales of CDs have begun to grow at a rate that is visible to the naked eye, and will definitely exceed records in a few years.
Thinking about how this market has changed so much, how will the next carrier appear?
This is something we as industry leaders need to consider.
We must grasp the general trend and go with it in order to seize opportunities.
Otherwise, you are likely to be left behind. "
He knows that the competition in the future will not be direct or even explicit.
The emergence of digital music will disrupt the industry.
He remembered that most of the record leaders of the 1980s and 1990s in his previous life would not survive the 20th century.
The cruelty here is evident.
"I understand."
Qin Wanqiu agreed.
She understood that Peng Wanhua was not targeting without purpose.
She didn't quite get it every time she made predictions and anticipated sexual behavior.
But it turned out that what he said and did was absolutely correct.
With this in mind, she began to calm down from the joy of soaring performance and began to think about future opportunities and trends.
Next it was Tian Xingguo's turn, he was in charge of the food roasted seeds and nuts section.
“The market for roasted seeds and nuts has further expanded this year, and we have sold the roasted seeds and nuts to a wide range of rural areas through capillary-like sales channels.
Including the rise of the Xiangjiang and Southeast Asian markets, this year's revenue reached 7 million RMB, with a net profit margin of 7000%.
The year-on-year growth rate is slightly lower than last year.
The main reason is that the domestic supply of roasted seeds exceeds the demand and the market cannot be fully supplied.
Next, we will open new seed roasting bases in North China, East China, South China, and Central China.
In addition, mechanized and automated equipment production lines will be gradually added to improve production efficiency as much as possible. "
Tian Xingguo reported on this year's operating conditions.
The main reasons for the slowdown in growth rate were also carefully analyzed and solutions were provided.
Peng Wanhua nodded, "Very good.
Many snack products in China are relatively poor. The field of roasted nuts and snacks is basically newly developed, and the market is still very large. "
He remembered that some listed companies in the snack field in his previous life could easily make billions a year.
And it’s not just one company, you can find dozens of companies if you just look for it.
“In addition to roasted seeds and nuts, the hot sauce product we successfully developed last year has been promoted this year.
In view of the different eating habits of Sichuan, Chongqing, Hubei, Hunan, Jiangxi, Yunnan-Guizhou, East China, and North China, we have developed seven hot sauces that suit the tastes of local people.
The current revenue exceeds 60 million. Although it is not much, the products are basically in short supply.
This market will definitely be huge in the future. "
Tian Xingguo also took a mouthful of hot sauce products.
Peng Wanhua nodded.
He remembered that Lee Kum Kee and Lao Gan Ma were both super brands in this market in later generations.
Very profitable.
Moreover, the hot sauce market is worth tens of billions, and if you cut it into a portion, the revenue will be billions.
"In addition, brother, we have introduced two instant noodle production lines for the instant noodles you ordered me before.
Together with our hot sauce package, it has been very popular since it was put on the market.
Current sales have exceeded 30 million. "
Tian Xingguo added one last sentence.
Instant noodles were mentioned to him by Peng Wanhua before.
There is no leading instant noodle brand these days. Master Kong will not appear until 1989. Unified instant noodles will not appear until 1992.
Of course, Peng Wanhua will not miss this market.
He nodded in approval: "Very good!
Although the latter two areas have just started, the markets in the future will be very large. Not to mention large, each is a market worth tens of billions, or even over 100 billion.
If you work hard in this area, your money will be unlimited.
Of course, in the end I still want to mention that the food industry must pay attention to safety and hygiene. "
He remembers that companies like Master Kong and Uni-President used to be leaders with a market value of hundreds of billions!
The money scene can be imagined!
"I remembered!"
Tian Xingguo responded with a smile.
Food safety and hygiene are not only what Peng Wanhua has emphasized many times, but are also his professional ethics, which he naturally keeps in mind.
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