Super Tycoon

After Zhang Yang participated in the year-end summary meeting of Zhiduoxing North America Company, he returned to the capital, accompanied by several executives from the North American subsidiary.

The year-end summary meeting of Zhiduoxing this year is still full of joy, making money, who is not happy? If it wasn't for Zhang Yang's investment in liquid crystal, wafer and other industries and spending a lot of money, this year's net profit should be several hundred million dollars more than last year.

However, in the financial statements, there are only about 900 million US dollars. Excluding the reserved working capital in the first quarter of 2002, 500 million US dollars were used for dividends.

The sales of Chinese and English computer learning machines have fallen again, and now the monthly sales are less than 30 million. It is planned to stop production at the end of this year, and the advertisements have stopped last year.

This industry can still make money, but it is too little. It is better to innovate some production lines in the factory to produce new products, such as mobile phones.

The new subsidiary has been established in Yangcheng, which is also close to Xiangjiang, and there are many relevant talents here. The person in charge of the subsidiary is Chen Mingyong recommended by Duan Yongping, the young talent that Duan Yongping brought over from Xiaobawang back then.

I have been in charge of the sales of repeaters before, and performed well. Later, I was appointed to be in charge of the mobile phone project, and the research and development progress is also good.

The establishment of this company was very low-key, without much fanfare, and no one knew about it. This company has 35% of the shares and is a subsidiary of Hutchison. The legal person is Li Zeju.

The first product that the company plans to focus on is a music phone, so in terms of memory space and sound, it must be better than other mobile phones, and the appearance should also be fashionable. The target group is young people.

Because after Chen Mingyong's investigation and research, he found that the penetration rate of mobile phones is getting higher and higher, but some middle-aged and young people are the first to use them.

Middle-aged people have a successful career, many of which are needed for work. Most of their daily use is to make and receive calls, send and receive text messages, and do not have high requirements for other functions.

When young people choose mobile phones, they consider a lot from appearance to performance to price. And young people will grow into middle-aged people. If you seize young people, you will seize the future.

This idea is also obtained from other products of Zhiduoxing. Cross-border combination will always make people like it more, especially young people prefer multi-functional products.

The decline in sales of electronic pets is also serious. Fortunately, the production cost has also dropped a lot. The company has made it into the style of an electronic watch, adding a time function, and it is full of vitality again. Maybe this product can be sold in 04 Years are still very profitable.

Electronic dictionaries are performing as well as ever, and even more and more people are selling them. The sales of professional translators are mediocre, and there are too many competitors, and they cannot get orders from the government.

Repeater machines are selling very well, and now Sunny's Walkmans are basically unsold in China, because they are overwhelmed by domestic Walkmans. The domestic ones sell for dozens of dollars, they can also be ultra-thin, and the sound quality is not too bad. Soni’s products have become mediocre.

Of course, if parents buy it, they are still more willing to buy a repeater for their children. This is a tool for learning foreign languages.

The sales of handheld, arcade and video game consoles are still very good, but in the domestic market, video game consoles are still not much improved, but the performance of handheld and arcade consoles is not bad.

In terms of game sales, Zhiduxing performed the best, especially the two large-scale online games Legend and Miracle that no one expected, which brought a lot of profits to the company. It is expected that the company's net profit will exceed 3 billion US dollars this year. The revenue can reach 15 billion US dollars, truly entering the threshold of net profit exceeding 20%.

If the annual sales exceed 10 billion U.S. dollars, it is already a big company, enough to be included in the S\u0026P and other indexes. Even many companies that are not at this level, but have a pivotal position in the industry, can also be included, such as Eagle Weida.

The company is getting better and better.

Zhang Weiguang was also very happy. He originally wanted to directly announce his resignation as chairman at this meeting, but was discouraged by Zhang Yang.

Duan Yongping is still getting familiar with other businesses, taking over in an all-round way, and he is beyond his capabilities. So Zhang Yang persuaded his father to wait another year to retire. Anyway, the chairman is just a name, and he usually has nothing to do.

In fact, in large companies in many countries, the chairman of the board of directors is very low-key, and the CEO or president is responsible for the company's daily operations.

The same is true for Zhiduoxing Group. Zhang Weiguang only signs occasionally. Most of the time, Zhang Yang manages the company's affairs, and Zhang Yang also distributes the power to other vice presidents. He doesn't want to be so tired.

The more complete the company's authority structure, the easier it will be for him as the boss, and the lower the probability of problems will be. And because he and his father hold more than 50% of the shares, the core power of the company will not be left behind.

He named the power of the company as democratic centralism, democracy when you want to be democratic, and centralized when you want to be centralized, perfect!

...

"Okay, this conference will end here. Let's take a break. After half an hour, we will have dinner together."

This session is Zhang Weiguang's favorite. He doesn't drink much now, but he likes to eat and chat with everyone at a big table, and he can also chat with some grassroots representatives at close range.

And this link is also very good for motivating employees. When he first started working, if he was lucky enough to have a meal with the leader, he would be able to brag for many days and be more motivated to work.

Although Zhang Yang said that now employees don't value encouragement, but pay more attention to real benefits. For example, the promise of salary increase or promotion, but Zhang Weiguang still likes to have dinner parties.

Before the dinner, Xiao Wang leaned closer to Zhang Yang: "President, Mr. Will just sent a list of Blu-ray Investment and his team. There are less than 100 people, a little less than expected."

"I have contacted the reception guide and the airline company here. I will spend the Spring Festival and the first day in the capital, and then go to Tianfu to see the mountains and rivers and hot springs. Finally, I will go to the island to enjoy the sea breeze and relax. Come back to America."

The number of participants was less than expected. It may be because there are still many Americans who are afraid of flying. It may also be that some people still have prejudices against China, thinking that the development here is backward and there is no fun.

"Okay, you can arrange it. All the expenses will be charged to my personal account. If you are free, you can also play along. Anyway, the company has nothing to do in those few days."

"President, when will our company's executives organize this kind of tour?" Xiao Wang asked in a low voice.

They are all companies with a big boss, so the salary can't be checked so much, right? Moreover, the company's executives haven't had a vacation for a long time.

"Alright, you can ask the other vice presidents if they want to travel. If they want to go, let's make a statistics and see if we can organize it after a while."

"Everyone has been busy for a year, and it's time to relax."