Super Tycoon

Chapter 668: Starting to Make Money

Yangcheng Zhiduoxing Company held an annual meeting, Zhang Yang and Duan Yongping also went, and Li Zeju also came to attend.

On the stage, Chen Mingyong was full of vigor, which was different from when he came to be the president. At that time, many people doubted his ability, and he came to power with doubts.

But now, Yangcheng Zhiduoxing can already see a bright future, and all the leaders are very satisfied.

This year, our mobile phone sales rank third in the Chinese market, with a market share of 16.6%, surpassing Bird, and becoming the leader in domestic mobile phones.

Of course, there is still a big gap between us and Nokia and Motorola, but this gap is also narrowing, and we will soon catch up and surpass it, just like the game products of our group company.

In overseas markets, our sales volume is similar to that in China, but the proportion is lower. However, our annual sales volume has exceeded 30 million units, successfully ranking among the top ten in the industry.

It only took two years from the time we started making mobile phones to becoming the top ten in the global industry. This speed is beyond the reach of other peers.

But we can't be satisfied. Next year's goal is to become the top five in the industry and beat Ximenzi. In the domestic market, we want to increase our share to more than 20%. One step a year, one step at a time, we must go Hurry up and be steady.

Although our Yangcheng Zhiduoxing Company is still losing money in the financial report this year, even the amount of loss is not low, it is because we still have a lot of funds from overseas markets that have not been settled, and we still have pre-expenditures for 2005.

I can tell you that since 2005, Yangcheng Zhiduoxing has been able to make money. Our short-term goal is to make the company's development not weaker than other subsidiaries of the group, and truly make mobile phones one of the company's main revenue directions. one.

Next year we will launch more new mobile phones, and we will also optimize the current mobile phone styles and re-launch them. We will continue to explore more ways of mobile phone revenue and prepare for the future...

When Chen Mingyong made a report, he was impassioned, and there was always bursts of applause from the audience.

Li Zeju turned his head and whispered to Zhang Yang: Mr. Zhang, it seems that you were right when you chose Chen Mingyong, a young man. He has a strong learning ability, and he can endure hardships with the company people. He also understands management and listens to others. Your opinions will be your good help in the future. Mr. Zhang’s cultivation of the company’s talent echelon is admirable.”

Hahaha, that's not what I trained, but Lao Duan. And many of his management methods are based on Mr. Li's advice. These are all the experience of you and Huang.

Nowadays, Li Chaoren’s family is investing more and more in communications, not only investing in mobile phones, but also investing in communication base stations, communication companies, etc., because they are optimistic about the future of this industry.

Not only Hutchison, some companies under Cheung Kong also cooperate with many communication companies in mainland China, such as purchasing Huawei's communication equipment.

We and Huang also have shares, so naturally we should contribute. By the way, I have some good news to share with Mr. Zhang later.

good news? What Zhang Yang is most willing to hear is good news.

After the meeting,

Zhang Yang and Li Zeju came to the reception room and sat down, and decided that Yongping was going to check the work of the subsidiary here, and there were only the two of them in the reception room.

Li Zeju took out a piece of paper from his pocket and handed it to Zhang Yang.

Zhang Yang opened it and looked at it. There were several handwritten data on it, which should have been copied from some documents.

this is?

The price online data, their financial report will not be released until next month, I probably copied a few data, and let you know the good news in advance.

Is this the online price data? Has it started to make a profit?

Although I knew in my previous life that Price Online would make a lot of money in the future, I am still very excited to see the profit now. Then in the next period of time, as the stock price of Price Online increases, his assets will also continue to grow, and it will skyrocket.

It did turn profitable, a quarter earlier than we expected, but that's better, isn't it?

Li Zeju's expression did not show any complacency, but he was actually very proud in his heart, because they and Huang's management team were in charge of it, and they also turned the company into a profit.

After Zhang Yang invested, Hutchison did not continue to increase its holdings, but increased its holdings through Changshi. Now the company's operating conditions are getting better and better, and the stock price has also risen from less than ten dollars when Zhang Yang invested. Thirty US dollars, the original investment is profitable.

Now it's not easy to increase your holdings of this company's stock. Those investors can see that this company has great potential, so they are not willing to sell it, even if you pay a 50% premium.

In the evaluation of many investment institutions, Price Online has been rated as the top asset, that is, it is worth buying at double the premium. How can other investors sell such assets?

No one will really spend a huge amount of money to buy it. It is too expensive and they don't know when they will earn it back. They don't want to take such a big risk.

If the premium is only 20 to 30%, there will be many investment institutions rushing to buy it. Now in the stock market, the stocks on the price online are also extremely sought after. Many people call on the price online to issue additional stocks, and they are ready to start at any time.

However, Li Chaoren disagreed with the additional issue. The company's existing funds are sufficient for development. They have already begun to expand to Europe, acquiring similar websites there, and the two sides will open up to increase the number of users and provide users with better services.

Mr. Li, some people said that good management is more important than good ideas. I scoffed at it. Now I believe that good management is not worse than good ideas.

Li Zeju laughed: The management of Zhang's head office is also good, and everyone performs their own duties. I heard that you have also introduced several new management models and promoted them in different subsidiaries. The overall management of the head office, profits The rate is also increasing year after year.”

I benefit from the development of the industry. Zhang Yang can recognize himself very clearly, Sunrise industries are always easier to make money, especially when they are on the fast track of development.

Mr. Li, if you have been managing the price online company, then I will not sell the shares there. I believe that you can make the company develop better and better.

Of course, I also believe that other industries we invested in before will develop better and better.

Li Zeju looked confident: Of course, if so many of us join forces to invest, we will definitely not lose money. The telecommunications industry we invested in before has completed many line and base station upgrades. Now the number of users is growing rapidly, and it is starting to make money for us.

It may take several years to pay back the cost, and we will continue to upgrade equipment, lines, etc., but in the future as more and more users, we will earn more and more.

For the investment led by our Li family, other investors will not lose money until our Li family does not lose money. That's why so many people are willing to invest with us.

I also hope to continue to cooperate with Mr. Zhang in the future, and continue to cooperate in multiple industries.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like