Rebirth 1960: Bankrupt Hong Kong Island Rich

Page 250

Although Lin Chaozong made his fortune by relying on medicine, he is now moving towards a diversified development route. Although the pharmaceutical industry has considerable profits, it is not his main direction of development.

There is also a quartz watch!

Both sales and profits are declining!

Although this thing relies on modern technology, the error is extremely small.But because of industrialized mass production, no matter how good-looking it looks, it is not unusual for everyone to have a piece of it in their hands.

On the contrary, mechanical watches are complicated because of the manufacturing process, and each watchmaker has his own opinions.Then the mechanical watches they polished are not only time-consuming, but also more labor-intensive.

But it's not unusual, and there are very few products.

Then relying on the premium of the brand, the profit can reach ten times, or even hundreds of times!

However, Lin Chaozong felt that technology should continue to be innovated so that the cost of quartz watches would continue to drop, thereby providing more sufficient profit margins.

The development of the pharmaceutical industry and quartz watches allowed Lin Chaozong's wealth to accumulate rapidly.

Although it is in decline now, there are still profits, but not as much as in the first few years.

And other industries made Lin Chaozong a lot of money.

Such as motorcycles!

The third brother is definitely a big and proper family.

This year alone, the number of imported vehicles has reached [-].

It is more than double that of last year.

The profit of motorcycles has tripled.

This is mainly due to the cost reduction, but Lin Chaozong did not lower the price of the motorcycle.

Lin Chaozong believes that the reduction in his cost is insignificant to the third brother, and naturally there is no need to give up profits.

In addition to the third brother, there are places like India and Siam.

Also growing rapidly!

With the addition of gambling elements to football, the citizens of Xiangjiang love football more than gambling!

Often a football match can gather thousands or even tens of thousands of people at the scene.

Not to mention those involved in gambling.

Of course, no matter what the result is, the biggest winner is often the dealer!

Because it is an activity that all people can participate in, the gaming industry has also brought Lin Chaozong a lot of profits.

And TV!

With the increase of entertainment activities, some citizens have spent a lot of money to move the TV into their homes and enjoy their leisure time.

There are very few such people, but it also provides a very large increase in the sales of TV sets.

The biggest profit comes from real estate income.

Among them, not only the income from selling the house, but more from rent collection.

The biggest benefit this year came from the acquisition of Jardine Matheson.

The rest is income from the bank, repairs to ships, and so on.

These profits all add up to more than 80 billion Hong Kong dollars.

This number is very terrifying.

You know, it's 1966 now.

The wages of ordinary people are only two or three hundred Hong Kong dollars.

The wages in mainland China are even lower, only a few dozen yuan.

This 80 billion is the salary of 1000 million people in mainland China for a month!

However, these profits also have to repay the bank loan.

In the end, the rest is about 48 billion!

Even so, it is a complete victory over several other foreign firms in Xiangjiang.

Overall, Lin Chaozong is satisfied with this year's situation.

However, the year-end summary can't just say good things!

Chapter 436 Terrible profits, wonderful dividends

This year's board of directors has entered a lot of newcomers.Of course, those old employees who can't keep up with the company's development pace will be eliminated.

Lin Chaozong controlled the number of directors to an appropriate number.

In this way, some departments can be streamlined.

But it can ensure the efficient operation of the enterprise.

And he has always insisted on one sentence: If virtue does not match, there will be disasters.

As for those who followed Lin Chaozong at the beginning, because the industry they were in was not a key development target for Tsingshan Group, so these people did not change.

Like Lin Chaowu!

No matter how far the company develops, no one can take his place.

And there is Wang Rong.

The other is Zhang Mu who is in charge of Qingshan Bank.

There is also Chen Yunqi, whom Lin Chaozong regards as his own sister, who is mainly in charge of medicine.

Even if the profit drops, even if her performance is at the bottom of the entire Tsingshan Group, her position cannot be shaken.

After the report work is over, it is the most anticipated link.

That is the dividend.

This year is a bumper year!The profit reached 48 billion.

Then everyone's dividends will reach a new height!

But before paying dividends, Lin Chaozong asked everyone to make a decision.

That is the current R&D investment ratio, whether it will continue to increase!

In the early Xiangjiang, although there were some manufacturing industries, most of them were light industries.

And heavy industry is not!

In recent years, although Lin Chaozong has been developing Xiangjiang's heavy industry.

He even spared no expense to hire some professional talents from island countries for development.

The speed that can be developed, as well as the things developed, are very ordinary, and there is no breakthrough.

Therefore, Lin Chaozong plans to increase the proportion of R&D investment in the coming year, and continue to introduce talents from the island country and Big Brother on a large scale.

And this ratio should be increased by at least 5.00%.

Then, everyone began to discuss.

After a brief discussion, everyone felt that an increase of 5.00% was completely fine.

Since we want to take the road of independent research and development, we should spend a lot of effort on this aspect.

Of course, there is another reason.

That is, since this matter was proposed by Lin Chaozong, he actually hoped that everyone would agree to this matter.

Although opposing him, it will not affect him.

But what if?

Putting a short-sighted hat on later, the director's position must be replaced.

In fact, Lin Chaozong was really just a random proposal.

It is not really decided to increase R & D investment!

You know, heavy industry often represents the economic strength of a country!

In Western countries, it is only after a hundred years of accumulation that they have the current technology.

And Xiangjiang has always focused on the transportation industry from beginning to end.

There is no foundation for heavy industry at all.

So it is impossible to achieve transcendence overnight!

After deciding on this matter, it is dividends.

Dividends for directors are actually not just a simple matter of distributing money.

Take Wang Rong for example, at the beginning it was 130 million, and later it rose to 800 million.

This growth span is very large.

This shows what?

It shows that the development of Tsingshan Group is in a stage of rapid growth!

And this year his dividend is 950 million.

Once this matter is reported, what will other companies think?

What will the citizens of Xiangjiang think?

They will definitely be optimistic about Tsingshan Group, and the stock market under Tsingshan Group will definitely rise sharply.

The growth brought about by the stock market will attract more talents to come to Tsingshan Group for employment.

This is a good cycle!

Of course, one Wang Rong cannot represent the entire Tsingshan Group.

It's just that Wang Rong's dividends are relatively large compared to other people.

Other directors are also above 200 million.Except for Niu Bijian.

His dividends are very small, mainly because Jardine Matheson has just been controlled by Tsingshan Group, and it hasn't been long.

That's why there are so few!

But even so, Niu Bijian's dividend has reached [-] million!

"Okay, everyone's dividends can be claimed at the finance department. Next, we should talk about the direction of development for next year."

Lin Chaozong looked at Wang Rong: "How many international students came back this year?"

Studying abroad was Lin Chaozong's decision to reserve talents for himself.

In the beginning, it was like letting them study for three to four years.

Some people came back last year and they were assigned to various technical positions.After a year or so of working with them, they are all excellent.Some even played a huge role in running the factory.

The rest continue their studies abroad.

As for those who want to study for a master's degree or a doctoral degree, they will stay longer.

"Director Lin, there are 220 talents who came back this year. I have already assigned them to suitable positions based on the majors and skills they have learned."

Lin Chaozong frowned slightly and said, "Didn't these people enter the research room we established?"

The purpose of cultivating them is not to let these people work for themselves!Instead, I hope they can use the knowledge they have learned abroad to engage in research and development!

And asking them to participate in work, isn't this a waste of money?

Wang Rong quickly explained: "Currently the laboratory we established cannot accommodate so many people! The rest of the laboratory is still under construction, and... what some people have learned is not within the scope of the project we established. So I can only temporarily arrange them in some technical positions. Of course, I have told them that even jobs can create many opportunities!"

Lin Chaozong was quite satisfied with this explanation.

However, Wang Rong's approach is still open to question.

Because once you enter the work process, you can't have too much energy to engage in research and development.

Of course, there is no way to change this situation.

For example, set a model and let them spend all their rest time on study and research.