Galaxy Technology Empire

Chapter 120 Internal Reorganization

In the busyness, 2017 has passed before I know it.

January 1, 2018.

It’s Galaxy Technology’s annual summary meeting again.

In the 2015 Building of Galaxy Technology, inside the large conference hall on the top floor of the 19th floor.

Heads of various subsidiaries, research institutes, and headquarters departments of Galaxy Technology gathered together.

The annual summary meeting in 2017 was larger than that in 2016, and it also represented that the big tree of Galaxy Technology was growing vigorously all the time.

Raytheon Group, Pengpai Group, Planet Group, Fengdu Group, Galaxy Group, Mars Group, and the independently operated Supernova Industries.

The heads of various research institutes, the heads of X-ray bases, and the heads of various departments in the headquarters.

"Shengjie! First tell me about the operating conditions of Raytheon Group this year!" Huang Haojie directly named him.

"Okay!" Fang Shengjie stood up and went to the multimedia on the side.

Open the multimedia, and soon bar graphs and the like will be displayed on the screen.

Raytheon Group's earnings in 2017 were the strongest among companies in the galaxy.

The battery business revenue was 134.6 billion yuan, and the net profit (after tax deduction) was 84.2 billion yuan.

Electric vehicle business revenue was 13.9 billion yuan and net profit was 3.7 billion yuan;

The comprehensive charging station (charging, convenience store, maintenance) business revenue was 2.8 billion yuan, and the net profit was 1.2 billion yuan.

The comprehensive service business of electric vehicle sales has revenue of 16.1 billion yuan and net profit of 1.4 billion yuan.

Wind power generator business revenue was 37.4 billion yuan and net profit was 12.5 billion yuan.

The revenue from the power generation and grid-connected business was 1.8 billion yuan and the net profit was 500 million yuan.

Royalty revenue was 34.4 billion yuan, and net profit was 23.1 billion yuan.

Revenue from other businesses (dividends from joint-stock companies, etc.) was 87.3 billion yuan, and net profit was 52 billion yuan.

To sum up, Raytheon Group’s total revenue in 2017 was 328.3 billion yuan, and its profit was 178.6 billion yuan.

Of course, there are also quite a lot of expenditures, especially for charging stations, power storage stations, and power stations. The expenditures on charging stations, power storage stations, and power stations are very huge, with a total expenditure of 64.3 billion yuan.

In other words, the real net profit of Raytheon Group last year was 114.3 billion yuan.

The Pengpai Group, which just launched in 2017, sold a total of about 130,000 Pengpai Elegant vehicles. Including the Pengpai Motor business, the total revenue was 27.7 billion yuan. After deducting all expenses, the net profit was 5.7 billion yuan.

Planet Group is tepid. Although its revenue is very large, reaching 27.4 billion yuan, its net profit is only a pitiful 600 million yuan.

The reason why Planet Group does not make money is mainly because Galaxy Technology does not want to make money through real estate, otherwise it would be stable to make billions.

On the contrary, Galaxy Group, which was just established last year, came from behind. Neutron Star's silicon wafer business alone had revenue of 96.1 billion yuan and net profit of 58.8 billion yuan.

If it weren't for the strategic losses of Galaxy Semiconductor and Star Map Design, it would be trivial for Galaxy Group's revenue to exceed 100 billion.

Galaxy Group’s total revenue last year was 96.1 billion yuan, and its net profit was 40.3 billion yuan.

Fengdu Group suffered strategic losses last year, with a total loss of 9.4 billion yuan.

Similarly, Mars Group also suffered strategic losses, with a loss of 300 million yuan.

Supernova Industrial has revenue of 8.6 billion yuan and net profit of 2.4 billion yuan.

Galaxy Technology’s scientific research expenditure is 26.7 billion yuan (including X-ray base).

"Let me summarize, in 2017, Galaxy companies had a total revenue of 488.1 billion yuan, a total expenditure of 361.2 billion yuan, and a net profit of 126.9 billion yuan." Li Jianhua stood up and said loudly.

Bang bang bang... the applause from the scene sounded like thunder.

"Let me say a few words!"

Everyone looked serious after hearing Huang Haojie's words.

"I am very happy to achieve such results, but we also need to be aware of our own shortcomings. Here is a financial review report from the Statistics Department. Which one will everyone take back later to see what problems they have in the company departments they manage?"

Huang Junjie's tone seemed a little gloomy after speaking.

Gulu! Everyone felt silent. After all, Galaxy Technology's finances were very strict. If something went wrong, they would be put in jail in minutes.

The staff of the Statistics Department handed the reports prepared in advance to the heads of each company department one by one.

"Don't think that I don't know about some people's small actions. Remember that Galaxy Technology has not treated you badly. You'd better not play with fire. Similarly, some people below should also take good care of themselves to avoid misleading others and themselves."

Some of Huang Junjie's chilling voices were like the cold wind in winter, making some people with evil intentions tremble.

For these complacent subordinates, they must be beaten appropriately, so as not to really think that Huang Junjie doesn't know their little tricks.

"After talking about your questions, let's talk about your rewards next week. The business management department will distribute your year-end bonuses and dividends next week. Of course, the problematic dividends and year-end bonuses will be temporarily frozen until the investigation is clear."

Obviously, as soon as Huang Haojie finished speaking, some people had already seen his name in the financial review report.

Fang Shengjie glanced at the people in the Raytheon Group. He knew that the Raytheon Group had the most serious problems this time. It was really a desperate act!

They don't have any problems at the top. The key problems are with the middle-level cadres. Taking kickbacks and enriching their own pockets are the most serious problems in the two companies of Thor Electric Vehicles and Pengpai Dynamics.

After all, electric vehicles and electric vehicles have a lot of outsourced parts, and there is a lot of room for manipulation.

If you want others not to know, you have to do nothing unless you do it yourself.

There is no airtight wall in the world. Among Chang Ying's Financial Statistics Department and Xiao Zhen's Security Department, Huang Haojie knew all about their little moves.

I had killed a chicken and a monkey once before, but I didn't expect that these guys would not repent. They thought they had done a perfect job, but they didn't expect that every move they made would be exposed in Huang Junjie's eyes.

"Okay! The meeting has ended here and has dispersed!" Huang Junjie paused after speaking:

"The presidents of each group stay."

After a while, the large conference room seemed empty.

Only Fang Shengjie, Wang Bosi, Zhuge Sansheng, Lin Liangshen, Pang Bangyi, Wen Weiping, and Wang Dalong were left.

There are also Li Jianhua, Xiao Zhen, Chang Ying and the little secretary.

"Director Huang, this time it is my responsibility! I am willing to be punished." Fang Shengjie stood up first and admitted his mistake.

"It is indeed your responsibility. I am very clear about rewards and punishments. The money they embezzled will be filled in by those of you who are not responsible for supervision." Huang Haojie said coldly.

"Yes!" Of course Fang Shengjie knew the rules of Galaxy Technology, which was to punish him with consecutive sittings.

If one person commits corruption, all people in the same department and the same company will be punished.

Although this penalty is calculated based on the job relationship with the embezzler and the job level, for ordinary employees, it can only cost a few dozen yuan at most.

The problem is that this money is written directly into the deduction item, which is called compensation expense.

For example, Fang Shengjie was definitely fined tens of millions this time. Even though he received hundreds of millions in dividends, but he worked so hard to make money and was cheated of tens of millions all of a sudden, who wouldn't be angry?

It is precisely because of this approach that corruption within Galaxy Technology has been reduced.

If strict management is not carried out and internal corruption is allowed, no matter how powerful an enterprise is, it will decline.

Thank you very much for your recommendation votes, monthly votes, and subscriptions. Although the average number is not 1,000, I am very pleased with this achievement. I will add an update chapter today! mwah!

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