Special troubles of rebirth

Because the Spring Festival this year happened to be in January, Wang Yu simply combined several meetings related to the year-end summary into one meeting.

Except for Wei Yutong and Zhang Jingyan, all other directors and relevant executives were present at this meeting. Due to the large number of people, the meeting venue was also changed to the large conference room on the 37th floor.

The conference room gathered together was quite lively. It can be seen from everyone's smiling faces that throughout 09, the development of the Engine Technology Group was quite rapid, and not only in terms of revenue and profits, but also in terms of the various groups below. The companies are all great.

The excitement lasted until half past nine. When Wang Yu walked into the conference room with Chen Yanhui, the group's vice president and chief financial officer, and Fan Jie, the group's vice president and director of supervision, everyone immediately fell silent.

Then there was a voice from the chairman saying hello, and it was not until Wang Yu pressed it with his hand that the voice stopped.

"The topics for today's meeting have been distributed in advance. You will report in the first half, and I will listen with my ears. In the second half, I will say a few key points. Now let the meeting begin!"

After Wang Yu's opening remarks, the door to the conference room was closed, and Engine Technology's end-of-09 summary meeting officially began.

The first person to report was Zuo Changsheng of Bytedance Group.

"Chairman, Group Vice Presidents, and colleagues, let me first give a summary report on ByteDance's performance in 09."

Zuo Changsheng held a report in his hand and began to report on the performance of ByteDance's branches.

“As of December 2009, 12, Bytedance Group had a total of 24 employees. The group wholly owned four companies, Guoker Game, Guoker e-commerce platform, Guoker Video, and Guoker Ticketing Online, and was invested by the headquarters. An online travel website company that holds 3378% of the shares is hosted by ByteDance and is currently not included in the group’s statistics.”

"Guoke Games currently has a total of 2009 games in operation, four of which have been granted overseas operating rights. In 117.2, the revenue was 39.5 billion, the net profit reached 917 billion, and there are currently employees."

“.整个2009年果壳视频总营收45.83亿，净利润9.88亿.BC站总营收97.6亿，净利润8.1亿.果壳电子商务平台总营收375.14亿，净利润28.27亿.果壳票务在线总营收38.52亿，净利润3.38亿.”

Tiandilong Logistics was spun off from Bytedance in the last adjustment, so this company’s data is not included in this report.

About twenty minutes later, Zuo Changsheng concluded: "In 2009, the total revenue of the entire Bytedance Group reached 674.29 billion, with a net profit of 89.13 billion."

ByteDance's overall revenue has increased significantly, but its profit margins are still relying on game companies to increase, and due to the divestment of Tiandilong Logistics, the profit margins of the e-commerce platform have also plummeted.

The second person to speak was Qin Shiyu. After a similar opening, she began to report on the performance of Guoke Electronic Technology.

“As of December 12 this year, Guoke Electronic Technology Group Co., Ltd. has five R&D institutions, eight production lines, 24 domestic directly operated experience stores, 105 of which are under construction, and 27 overseas directly operated stores, of which 119 are under construction. .The company’s fixed assets have reached 85 billion, with more than 77.5 employees, and it is still in a period of rapid expansion.”

Due to various reasons, Panshi Technology and chip-related industries have not been merged into Guoke Electronic Technology Group, so the production line has been fixed at eight, and will even be merged into Panshi Technology in the next stage. The only significant increase is the direct-operated stores. , with the development of OMI and Southeast Asian markets, the markets in Eastern Europe and West Asia have been initially established, and the number of directly operated stores and employees has grown explosively.

“Since the release of Guoke I mobile phone in May, as of December, the sales volume of Guoke I mobile phone has been 5 units, with total sales reaching 12 billion.”

Qin Shiyu looked at Wang Yu while reporting. She had been under great pressure for more than half a year. Now she finally handed over a fairly perfect data, so she was in high spirits when reporting; "Because fixed investment is relatively small, It’s more, so the profit is not that much. This year, Guoker Electronic Technology’s full-year profit is only 19.22 billion.”

"hiss"

Many people in the conference room were attracted by Qin Shiyu.

You must know that throughout 09, Guoke Electronic Technology spent more than one billion on investment in directly-operated stores and production lines. If this part is stripped away, Guoke Mobile's profit margin can be comparable to that of game companies.

The key is that everyone can see with the naked eye that in 2010, the sales of Guoke mobile phones will further increase, and the investment in the production line will definitely be classified into Panshi Technology, and the rest is nothing more than the investment in directly-operated stores.

According to this algorithm, sales of Guoke mobile phones next year will definitely exceed 200 billion, and profits are likely to exceed 50 billion!

Wang Yu raised the corner of his mouth. So far, no one in the entire company except himself and Qin Shiyu, who had been mentioned by him, could imagine what kind of height the sales of Guoke mobile phones would reach next year.

Once the Guoke II generation is released, coupled with the further shrinkage of the Nokia market and the further expansion of the smartphone era, it is still unknown whether Guoke Electronic Technology’s turnover will exceed 300 billion or 400 billion next year!

While everyone was still immersed in the data reported by Qin Shiyu just now, Ding Zhanjiang began to make a report.

Now he is the president of Panshi Technology, but everyone including himself knows that it will be a matter of time for Panshi Technology to be merged into Guoke Electronic Technology.

"As of December 2009, Panshi Technology has invested a total of 12 billion in southwest projects. The first phase of the project is expected to be completed by mid-February next year. After the production line has been debugged, it can be put into production in March."

Originally, Wang Yu planned to arrange for a report on chip packaging and testing, but considering that the ownership of this area has not yet been determined, there was no arrangement.

The report on the mobile phone industry is now complete, and next is Guo Yuan’s speech.

"As of December 2009, Mr. Wang had invested a total of 12 billion in the new energy industry, of which 108.36 billion was invested in minerals as fixed assets, and 55 billion was invested in research and development. He had been losing money until last year. The energy industry has just completed an annual output value of 30.68 billion. The turning point was in 92.18, with annual sales reaching 2009 billion and a profit of 153.85 million. In terms of new energy batteries, Mr. Wang finally no longer needs to pay for it personally."

The group has officially issued a document appointing Guo Yuan as the executive vice president of Guoke New Energy. The key is that Guoke New Energy currently does not have the position of president.

Anyone with a discerning eye can see that this chairman of the Board Secretary Committee is the next Qin Shiyu, and Guoke New Energy Group will be headed by Guo Yuan in the future.

"Everyone knows that Guoke New Energy is currently conducting an acquisition activity with the aim of entering the automobile manufacturing and production industry."

In fact, the report on Guoke New Energy has ended. After closing the information, Guo Yuan couldn't help but say a few more words: "But this time the chairman will not be asked to subsidize out of his own pocket. Guoke New Energy will conduct a financing round." , to achieve this acquisition, we hope to receive financial support from the group headquarters in the future.”

Chen Yanhui naturally knew about this. After hearing Guo Yuan's request for support, she nodded: "This is the overall strategic layout of the group. I will provide support at any time. Ask if you need it!"

Wang Yu did not interrupt the conversation outside the outline and signaled the meeting to continue.