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Chapter 1894 1992, stock subscription certificate.
Chapter 1894 1992, stock subscription certificate.
“This is a turbulent era!”
Just after New Year's Day, Wu Mingfan, wearing an imported down jacket, stood at the gate of a construction site. Wearing a safety helmet, he looked at the rising building in front of him and nodded with satisfaction.
The land was bought at a very low price many years ago. Originally, more than a dozen factories were built on it. Although it took a lot of effort to change its use, it finally paid off.
It is already 92 years, and more than half a year has passed so quickly. The name of Lu Meilin has long disappeared from Huanghe Road and has been swept into the dust of history.
The site manager was giving a report nearby.
"Mr. Wu, based on the current progress, it should be completed by the end of this year!"
"Well, we still need to speed up, but we must ensure the quality of the project. Tell all the responsible persons this. If anyone fails to deliver in the next six months, don't blame me for being rude!"
"Don't worry, our quality inspection department will eat and live on the construction site from now on, and we will definitely ensure that there will be no mistakes in the quality of the project!"
The quality inspection director who was also wearing a safety helmet was as excited as ever. There was nothing he could do because the company paid too much. He originally earned a few hundred yuan a month at the municipal construction company, and it was impossible for him to earn any extra money with such a half-hearted job.
Now that I'm at Mingfan Group, my salary has instantly increased tenfold, and there's overtime pay for overtime work, and the small bonus at the end of the year is also huge.
Wu Mingfan had lunch at the construction site. He did not agree with the suggestion of going to a private room. Instead, he shared the hardships with the ordinary workers. He also scolded the person in charge of logistics and instructed that there must be oil and water every day!
After the meal, we took a bus back to the group headquarters on Huaihai Road.
"Mr. Wu!"
"Mr. Wu~"
"Yeah!" He nodded to the employees passing by.
This headquarters is an old building, and Wu Mingfan put a lot of thought into it. Both the exterior and decoration are completely retro. The eight floors were once a British trading company decades ago.
Wu Mingfan's office is on the top floor.
Before he had arrived there for long, he heard someone knocking on the door.
"Come in~"
"Mr. Wu, this is the group's financial report for this quarter. The trading company has dropped another two percentage points this month!"
It was Betty who opened the door.
She still had the same short hair as many years ago, light makeup on her face, and wore a Y-neck apricot-colored mid-sleeve shirt. A high-waisted black knee-length skirt with a slit on the side wrapped around her two slender legs. The high-end 10cm JC high heels on her feet were black with silver and sparkled, making her already perfect figure even taller, straighter, more beautiful and sexy.
However, even though her temperament has changed slightly due to being a mother, she still looks a little cold in her professional attire.
There were no outsiders in the office. After putting the documents on the desk, he said, "Will you come over for dinner today? Annie misses her dad~"
Upon hearing this, Wu Mingfan wanted to reach out and grab the other person, but was dodged and could only hold his forehead helplessly.
"Hey, why don't Nong and Annie move in here?"
The relationship between the two is quite strange. Their child is almost two years old, but they have not yet married. Every time I suggest something, she will reject it, saying that she likes freedom and does not want to be bound by that piece of paper. She even disagrees with moving to Wu's Garden!
Of course, Wu Mingfan also knows his bad habits. Having money means he can definitely take good care of his brothers. He probably doesn't mind if they don't see him.
After Betty left, Wu Mingfan looked through the financial statements on his desk.
Now with the changes of the times, Mingfan Group's main business has also begun to change. For example, first of all, because the North International Trade Company was disbanded to complete its mission, various personnel have been disbanded and diverted to other companies.
Domestic trade has been impacted by the market. Now there are many people in Yueguang doing this business. Electronic watches, which were originally in short supply, are gradually becoming less and less valuable, so the company has also begun to narrow its business scope.
For example, the factories in Hong Kong and Pudong are gradually closing down, and the trading company will probably be closed soon.
It started to change its main business as early as a year ago. For example, the shopping mall on Huanghe Road was an experiment, and it turned out that it sold quite well. In the following year, Mingfan shopping malls were established in Huangpu, Hongkou, Jiading and other districts.
Although he has gained some fame, Wu Mingfan did not follow Lao Wang's path, because some things are no longer yours once they become big, and we young people cannot grasp that.
In order to avoid being controlled by others, the trading company simply authorized the shopping malls under it, except for Modu which was directly operated, to some franchisees in other provinces.
The company's business segments are now divided into six, including a half-dead trading company. Although the turnover is gradually declining, it is still Wu Mingfan's most important cash cow at present. This lean camel is still bigger than a horse.
Financial companies have always been small-scale, with only a few big and small ones left. Except for Wu Mingfan, it is estimated that other executives have almost forgotten about this company.
The trading company is responsible for managing the 12 directly-operated shopping malls in Shanghai, as well as the trademark authorization status in various provinces, and is responsible for unified training and business guidance.
There is also the real estate company that was just established last year. Of course, Wu Mingfan doesn't want to get involved in this mess. His main purpose is to become a rent collector in the future, and he can do some small construction when he is free, and take advantage of this favorable wind to reap the benefits.
The factory buildings that were hastily built before have already fulfilled their value, and most of them will be demolished to build a comprehensive commercial plaza, which will be equipped with a hotel, office buildings, high-end apartments, and a street with food, drink and entertainment facilities. A property company will be established in the future.
In addition, there is a transportation and logistics company, which is the most important industry for the group. After all, so many trucks produced by the Russians are almost cheap, and all the drivers are veterans.
Wu Mingfan is a man who knows how to get things done. He had worked tirelessly to help buy equipment, and almost won the favor of some bigwigs in Jiangsu, Zhejiang and Shanghai, so he was soon rewarded. The wheels of the big truck were spinning so fast that they were almost smoking all day long.
These are the six major business segments of the entire group. Except for the property company that will manage Mingfan Plaza in the future, all other industries are not important to Wu Mingfan, so he basically has shares in some other aspects.
There is nothing we can do about it, sometimes it is just inevitable. In a few years, I plan to let all the companies develop independently. Wu Mingfan will give up the control of the companies and only take a stake. Let those people have fun on their own and he will just be a rent collector in his own Mingfan Plaza.
I do some charity work when I have nothing to do, like a fish sinking to the bottom of the Huangpu River. I have no intention of being on Forbes at all.
"Ring ring ring!"
"Hey, uncle!"
"Stock subscription certificate?" Wu Mingfan instantly perked up. He had been busy with the real estate company's affairs for some time and almost forgot about this great opportunity.
Real estate is a money-eating beast. What's more, what is being built is not just one or two buildings, but four 20- to 30-story office buildings, as well as an entire supporting street. Even if you invest a lot of money, it will only produce results.
Stock subscription certificates are a good thing. Seriously, they are extremely profitable and are something you can only come across by chance.
Not to be missed!
Wu Mingfan quickly called the person in charge of the financial company, who was so idle that he almost fell asleep.
To be continued...
(End of this chapter)
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