LATEST UPDATES

Comeback 1992 - Chapter 480

Published at 17th of February 2023 07:04:24 AM


Chapter 480: end of year

If audio player doesn't work, press Stop then Play button again




  Chapter 480 The end of the year and the beginning of the year

"Now our original wine is generally stored for less than a year before it can be bottled and sold. In the future, we will have to store it for three to five years before we start filling and selling it." The longer the original wine is stored, the better the quality of the wine. will get better.

  Good wine is stored; baijiu is the least afraid of storage.

   "In this case, the financial pressure on us will be quite large."

  Think about it, tens of thousands of tons of raw wine are stored in wine tanks, all of which are money.

  The value is at least one billion.

  If it is true that the wine must be stored for several years before being sold, the wine tanks in the factory area may maintain a storage capacity of 100,000 tons of original wine for a long time.

  Billions of funds are all put there.

   We all know that money has to be circulated to be able to generate benefits. It is obviously unrealistic to store so much money here for several years.

  Han Songlin thought of a business that wineries will often use in the future, pledge!

  It is to directly pledge the liquor in stock to the bank, and use the obtained funds to do other investment business.

   Wait until the time to use this wine, and redeem it.

  For banks, the risk of engaging in liquor pledge, especially this kind of famous liquor pledge, is very small.

  So I am quite willing to do it.

   "Then pledge the wine to the bank. The money you get can just be used for investment. Before, we may have been a little conservative in our business strategy."

  Xu Lu stared at Han Songlin with wide eyes. The previous business strategy was still conservative?

  If other people hear it, I'm afraid they are going to hit someone.

  In the dead of night, Xu Lu was lying on the bed alone, thinking about Fuller Wine and the historical development of Xinghai Group.

   Then compare with other domestic companies.

   I found that it was too aggressive in terms of business.

  Han Songlin thinks of the economic crisis, which has little impact on China as a whole, but refers to the development trend, which has a greater impact on certain industries: "By the way, the company has to reserve some spare funds."

   "Will there be a dividend this year?" When Xu Lu came to Jiangzhong, she wanted to ask Han Songlin whether Fuller Wine would pay dividends or not this year.

  Han Songlin looked at Xu Lu, and pondered slightly; Fuller Wine is now a listed company, and many employees in Xinghai Group hold shares in Fuller Wine.

  Xu Lu is no exception.

  Han Songlin: "What do you think?"

   "No dividends."

"Oh why?"

  Xu Lu: "Instead of using the money for dividends, I would rather use the money to complete our hotel plan."

  In the capital, Xu Lu has already negotiated with the capital, and will invest 1.5 billion to build a five-star garden-style hotel.

  Garden-style hotels are still a novelty in Huaguo at this time.

  In people's minds at this time, a hotel should be a square building, and a hotel with high-rise buildings in Europe is called a hotel.

   But since Fuller Wines wants to invest, there is no reason not to welcome it in the capital. Moreover, although the land for Fuller Hotel is a bit larger, they don't want your land in the city center, but the suburbs.

  The land in the suburbs, this is not just as much as you want, but as much as you want!

   Did not say, approved.

   Isn’t it only 1,200 mu of land? Why don’t they approve it if they buy it for real money.

  In addition to acquiring land to build hotels in the capital, Fuller Wine also acquires land to build in other cities in China.

  Anyway, the construction area varies from large to small, but the smallest one starts with 500 mu.

   It was only now, when the land price was so low that Han Songlin dared to play like this. Even if the hotel fails, with the land in hand, it will still make money in the end.

  If you have confidence, you will do things differently.

  Seeing that the two of them were chatting so much that they even forgot to eat the food, Liu Yuyan couldn't help but interrupted: "If you don't eat the food, it's getting cold."

   "Yes, eat vegetables."

  At the end of the year and the beginning of the year, Han Songlin became very idle, and everything in the Xinghai Group could be developed step by step.

  In normal times, Han Songlin pays close attention to the situation of Xia Yuan in Xiangjiang, Tang Yan and the others.

  Tang Yan's team has increased in number a lot.

   Rented the third floor of an office building in Xiangjiang as an office location.

  THC investment has gained a lot in the foreign exchange market and the stock market. Naturally, the scale of the company is also expanding.

   Seeing that it has rented three floors in a short period of time, and the number of the company has rapidly expanded from fifteen to a hundred people, you know something.

  As a top-ranked financial center in the world, Xiangjiang has always had a lot of financial practitioners.

  So it is really easy to recruit excellent financial talents, as well as lawyers and accounting talents.

  After Tang Yan and Chen Xin perfected the company's staffing, it became easier to control market information.

  At least in the collection of information, it does not need to rely entirely on Zhou Tong's people.

  Han Songlin didn’t ask Tang Yan how much money they have earned now; for finance, the money in the account is not called money, it’s just a string of numbers.

  Only money that is really in your pocket, that is real money.

  Han Songlin saw that Tang Yan and the others had done a good job, so he asked Xiangjiang's bank for a loan of one billion yuan, using Fuller Wine's stock as collateral. Hand over the money directly to Tang Yan and the others to take care of it.

   This money does not belong to capital injection, it is for THC investment management, and then THC investment charges management fees.

  After the listing of Fuller Wines, the stock price has fallen, leaving only a market value of 28 billion.

   Then keep hovering above this market value.

  To be honest, this market value is completely inconsistent with the real situation of Fuller Wine Industry. In Han Songlin's view, Fuller Wine Industry must have a market value of 100 billion yuan.

   As for the land acquired by Fuller Liquor, the price of the land alone will not exceed hundreds of billions in the future.

   Well, at this time, the market value of Fuller Wine is still reasonable.

  After New Year's Day, what people miss is the Spring Festival.

  Before the Spring Festival, Xinghai Group held a commendation meeting like last year, and commended those who have made outstanding contributions to the development of the group.

  Of course, the recognition of outstanding employees is still essential.

  In addition, Han Songlin announced that Xinghai Group will still distribute 20% of its profits as year-end bonuses to employees.

  Compared to last year, the distribution of year-end awards this time is more inclined to technicians and R&D personnel.

  As for administration and sales, the year-end bonus looks similar to last year, but in fact the proportion is lower.

   It's just that in 1996, the Xinghai Group earned more money, and the base of the year-end bonus became larger, so it didn't show much.

  Group did not take the initiative to mention this matter.

   Immediately afterwards, the Star Institute also held the first academician meeting to plan the future technology research and development.

   Now, to be honest, there are a little few academicians of Star Academy.

   There are only a dozen people.

  Han Songlin's attitude is that it is better to be young than to die.

   It was confirmed at the meeting that Xinghai Group will increase investment in research and development in the fields of metal materials, machine tools, mechanical technology, Internet technology, electronic technology and other applied technologies.

   In addition, it is also determined to establish basic physics, chemistry, materials, and mathematics research.

  The research in this area will mainly rely on universities.

   Another thing is to support the development of Xinghai Academy.

  Everyone should mobilize relationships and influence, and introduce more outstanding talents to Xinghai Academy to teach and do research and development work.

  (end of this chapter)




Please report us if you find any errors so we can fix it asap!


COMMENTS