Chapter 89 Year-end Summary
  Lin Feng returned to Lin Zhai in the afternoon when nothing happened, and asked Lin Jiakang to convene a meeting with the shareholders of the group. At the end of the year, he had to summarize everything.

Lin Feng first asked Lin Jiakang to make a cup of tea for everyone. After taking a few sips, he said to Li Xiongzhen: "Xiongzhen, it's the end of the year soon. Please tell us about the group's recent business situation."

"Okay, I was originally going to report to you. Today I will talk about the revenue of several major industries of Zhenming Group in December.

The group's current most profitable businesses are Dahamui Iron Art and Grassland Trading. As of December 12, the monthly sales of Dahamui Iron Art exceeded 20 taels, with a profit of about 3000 taels; the grassland trading business had sales of 1200 taels and a profit of about 2500 taels.

The sales data of the Jiazhou branch has not been compiled yet, but according to preliminary news, sales are booming, with daily sales reaching about 300 taels.

Another profitable industry is Li's Cereals and Oils, with sales of more than 2000 taels. With the seizure of the "Yihe", sales have increased rapidly recently, and it is estimated that sales this month will exceed 5000 taels.

However, the grain and oil business follows the chairman's request to benefit the people and not make huge profits, so the profit is only about 2%, about 400 taels.

Another profitable industry is Zhenming Bank, which issued a total of 8000 taels of small loans. Calculated at an interest rate of 1200%, the annual interest income is about 100 taels, and about taels per month, which can basically support the bank's daily expenses.

What the bank really makes money from is investment. The initial investment in about 1500 taels of shops in the county agricultural market is already worth more than 8000 taels.

With the increase in the group's product transportation business, Sitong Express has ended its loss-making state and is expected to turn a profit by the end of this month.

Although Sitong Express is not profitable yet, it has helped us support more than 100 express employees, which has greatly improved the group's material transportation capabilities.

Zhenming Chemical's current products are all for its own use, so it has not yet made a profit, but the required costs have also been put into the costs of Sledgehammer Iron Art and Grassland Trading, so there is no loss.

Therefore, the entire group's total profit this month is expected to exceed 3000 taels of silver, excluding Li's Construction, which cooperates with the Li family. "

Li Xiongzhen had already summarized the business situation of each store in the group in advance, so the report was very clear and the various data were very detailed.

"Bah bang bang!" Lin Feng took the lead in applauding.

When Lin Feng heard this data, he felt more confident. This is the source of living water. There is a fixed source of income every month. There is a reliable guarantee for raising soldiers and talents. Otherwise, it is not sustainable to rely on confiscating homes every time. After all, there are only a few big households in the county, and they cannot all be confiscated. Bar.

After Lin Feng applauded, he said: "Now the group's total profit has exceeded 3000 taels a month, which is 3.6 taels a year.

Even if calculated based on ten times annual profit, the total value of the group is at least more than 36 taels. How much do you think the shares on hand are worth now? "

Fang Dashan counted on his fingers and exclaimed: "Oh my god, my 100 shares accounting for 1% are worth 3600 taels."

"My 50 shares are also worth 1800 taels." Fang Xiaoyu also said happily.

"Yes, the better the development of the group, the more valuable the shares in everyone's hands will be. So we must jointly develop the group and protect the group." Lin Feng took the opportunity to teach.

"Understood, we will do our best." Everyone responded. Just kidding, it’s all your own assets, why don’t you try a hundred times harder?

“The group’s ability to achieve profitability so quickly and achieve good results is inseparable from everyone’s hard work.

I also discussed it with Xiongzhen. Including the profits of the first two months, the group made a total of about 5000 taels. At the end of the year, 500% of the profits, which is taels, will be given to everyone as year-end bonuses. When Xiongzhen arrives, You can discuss with everyone and come up with a specific distribution plan.

The money is not much, the main purpose is to allow everyone to buy more food, clothing and go back to improve their lives during the Chinese New Year, and to express the group's concern for everyone. "

Everyone cheered when they heard that in addition to the appreciation of the shares, money would also be distributed. Incentives and incentives, bonuses are the most practical and effective.

Lin Feng glanced at the smiling and joyful people, took a sip of tea and said: "In addition, I would like to inform everyone about the situation of the group's guard team. Currently, the total number of guard teams has reached 400, of which 100 are newly formed. The Cavalry, these are the big spenders.

The monthly salary plus food and fodder expenses will cost more than one thousand taels of silver.

The ordnance factory affiliated to the escort team spends about 500 taels per month on materials and labor, and can produce 30 firecrackers and about 200 pieces of weapons and armor every month.

At present, more than half of the group's profits are invested in the construction of the escort team, and future expenses will continue to increase as the scale expands.

Some brothers may ask, since the guard team costs so much, can we not build it? Let us talk about whether we should build it and why we should build it. " Of course we have to build it. We knew when we were in the village that only if we have a knife in our hands can we not be afraid of wolves. What's more, we have such a valuable Zhenming Group in our hands. Without force, we can't protect it." "Fang Xiaoyu said plainly.

"Yes, only by having strength can you not be bullied by others."

“Building a strong military force will enable better development in the future.”

"You can also rob others..."

Everyone said.

"It seems that everyone is still clear-headed. Xiaoyu said it very well. Without power, how can we protect our wealth. Who was it that just said that you can rob others? Come out and I promise not to hit you. Lin Feng answered.

"Hey, don't you get money quickly by grabbing a handful?" Fang Tiezhu stood up with a silly smile.

Everyone burst into laughter.

"It makes sense, sit down. So we can't just see that we have made money, and then think about sending more money to improve our lives. The most important thing at this time is to accumulate strength, otherwise everything will be in vain. Not only will the property not be saved, but even the life will be lost. May be lost at any time.

The escort team is the most powerful guarantee for the group. If there is no strong force, this time the Mongolian Tatars invade, we can only watch people being killed and money being robbed, and the group may cease to exist, so no matter how much money is invested, it is worth it. "

After hearing Lin Feng's words, everyone fell silent. Yes, in times of trouble, without adequate military protection, no matter how rich the group is, it can only be someone else's meal.

"President, you should also pay attention to our Minzhuang team." Fang Tiezhu took the opportunity to say.

"The Minzhuang Team will consider it, but you are now under the county government, and you mainly have to rely on the county government's investment. This year's tax collection is good, and there should be some money to give you." Lin Feng responded.

The Minzhuang Team is Fugu's apparent strength, so of course it needs to be strengthened.

After the group's year-end summary was completed, Lin Feng invited everyone to have a meal together, which was a successful conclusion to the group's year-end development.

Lin Feng and Li Xiongzhen plus four shareholders' meeting members, plus Fang Xiaoyu, Yang Sen, and Lin Jiakang, a total of nine people sat at a full table.

Lin Feng specially took out two bottles of Erguotou with the trademarks removed from his collection, poured a glass for each person, and the strong aroma of the wine spread out.

"President, what kind of wine is this so fragrant?" Zhang Tiechui asked.

"Of course it's good wine. There are only two bottles here. You should drink sparingly. This wine is very strong." Lin Feng said.

Fang Dashan picked up the wine bottle and looked at it and said: "The wine in such a crystal clear glass bottle is definitely not ordinary."

Only Zhang Tiechui considered himself capable of drinking and did not agree with the suggestion that the wine was very strong.

Lin Feng picked up the wine glass and said: "Thank you all for your hard work over the past year. I won't say any polite words. Cheers to a better next year!"

"Cheers!" Everyone responded and raised their glasses to drink.

"Cough cough cough!" Zhang Tiechui, who prided himself on being a heavy drinker, drank too hard and choked on the liquor.

"Hahaha! Let you take a sip." Lin Feng said with a smile.

 A comprehensive inventory of Zhen Ming Group’s family fortune.

  
   
  (End of this chapter)

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