Rebirth is very troublesome

Chapter 1105 The wolf is coming

At the first board meeting in 2011, Song Qiuyun officially resigned as director of the board secretary committee.

At the same time, she was appointed as the executive vice president of Pin Xixi, and her position was taken over by Zhou Aiqing.

Several other personnel appointment and dismissal decisions were also expected, such as the official appointment of Huang Zheng as the CEO of Pinxixi, and the appointment of Shang Wanzhen as the CEO of Bingyue Coffee, a subsidiary brand of Jiahong Group.

This meeting seemed to kick off the new year, and in the next week, various meetings followed one after another.

The key is that Wang Yu cannot be absent, he needs to participate in almost every game.

Until the last year-end summary meeting, when it was held, Wang Yu even made a joke: "My lumbar spine has been sore recently. It seems that there will be some innovations in the meeting mode next year. Some of them will be discussed in their respective groups first and then concluded." After receiving it, it will be handed over to each branch of the group for review, and finally it will be given to me for review. When it comes to the meeting, the process will be walked through, which is both efficient and time-saving."

"Okay chairman, after this year's Lunar New Year, I will organize the group's senior management to discuss a plan."

As CEO, Shen Mengyun was naturally the first to speak.

She also knew what Wang Yu was thinking. For a long time, Wang Yu wanted to slowly withdraw from the decision-making of specific affairs and focus on the strategic level. A cumbersome meeting like this year completely deviated from Wang Yu's original intention.

Wang Yu nodded and stopped talking, handing over the right to host the meeting to Shen Mengyun.

"Next, each group will report this year's performance first, and the order will be the same as last year's."

Now that CEO Shen Mengyun has set the rules, the first person to report is naturally Zuo Changsheng, CEO of ByteDance.

"Chairman, Group Vice Presidents, and colleagues, let me first give a summary report on ByteDance's performance in 10."

Bytedance is a subsidiary group company that has undergone major changes. First of all, the Guoke e-commerce platform is in the process of applying for listing. Secondly, this year, Pinxixi, an e-commerce platform company, has been added, and the investment scale is not small. With the addition of Guoke Video, which is already under construction, it is equivalent to a big expansion.

“As of December 2010, 12, Bytedance Group had a total of 31 employees. The group wholly owned Guoker Games, Guoker e-commerce platform, Guoker Video, Guoker Ticketing Online, BC Station, Pinxixi, etc. Six companies, and an online travel website company with a 5263% shareholding invested by the headquarters has divested itself of ByteDance’s hosting, so it will not be reported here.”

"Guoke Games currently has a total of 2010 games in operation, six of which have been granted overseas operating rights. In 236.6, the revenue was 72.6 billion, the net profit reached 1125 billion, and there are currently employees."

". Throughout 2010, the BC station had a total revenue of 176.3 billion and a net profit of 15.2 billion. The Guoke e-commerce platform had a total revenue of 1054.3 billion and a net profit of 95.16 billion. Guoke online ticketing had a total revenue of 55.32 billion and a net profit of 4.96 million. .”

"In December 2010, ByteDance launched a new e-commerce platform, Pinxixi, with a total investment of RMB 12 million to establish the Guoker short video project company. A total of 5.28 RMB has been invested in R&D and preliminary preparations. 1.33 million"

Finally, Zuo Changsheng concluded: "In 2010, Bytedance achieved revenue of 1522.52 billion yuan, completed fixed asset investment of 2.38 million yuan, and net profit reached 181.31 billion yuan."

Even before Pinxixi and Guoker Video have begun to show their power, ByteDance has already become a company with annual revenue exceeding 100 billion.

In the next year, when the Guoke e-commerce platform is launched and Pinxixi exerts its efforts, the scale of the entire ByteDance may double. Don't let the bytes jump ahead, Qin Shiyu's momentum became even stronger when he began to report.

“As of December 12 this year, Guoke Electronic Technology Group Co., Ltd. has seven R&D institutions, 31 smartphone production lines, 43 domestic directly operated experience stores, 183 more under construction, and 15 overseas directly operated stores. Built 327. The company's fixed assets reached 53 billion, with more than 521.6 employees. In addition, in view of the reality of the single variety of Guoke mobile phones, the group established a second-tier mobile phone brand company this year, so in the next 610000, it will surely welcome Come another period of rapid expansion for Guoke Electronic Technology.”

It is no longer like last year. After entering 2010, Panshi Technology and the chip packaging industry have been merged into Guoke Electronic Technology Group. Because the production bases in Dongguan and Shangdu have been built one after another, Guoke Electronic Technology’s fixed assets and number of employees have greatly increased. growth of.

Moreover, Wang Yu specially hired talents from VIVO and OPPO to create a new second-tier smartphone brand company. In the future, it will also become a new growth point for Guoker Electronic Technology.

“As of the end of December, the sales volume of Guoke I mobile phones was 12 units, with total sales reaching 2572361 billion, and profits of 64.25 billion. Global sales of Guoke II mobile phones exceeded 22.48 million units, with total sales reaching 800 billion, and profits of 328.3 billion. "

Although the launch of Guobao Pay delayed the launch of a number of mobile phones, thanks to Qin Shiyu's efforts, the annual sales of Guoke I and Guoke II mobile phones still exceeded the annual sales target of 1000 million units. .

"As of the end of December, Panshi Technology had produced a total of 12 million smartphones, with a total annual production of more than 4824 billion and a profit of 38.59 million."

".As of the end of December, Tianzhou Semiconductor's total annual production reached 12 billion, with a profit of 54.17 million."

".As of the end of December, seven R&D institutions have invested a total of 12 million in R&D funds."

Qin Shiyu was full of emotions when reporting; "In 2010, Guoke Electronic Technology's total revenue exceeded 485.31 billion, with a profit of 129.3 billion."

After listening to the reported data, everyone understood why Qin Shiyu was so proud. Guoker Electronic Technology used less than one-third of Bytedance's revenue to achieve 65% of Bytedance's profits.

The key is that at the end, when Qin Shiyu closed her return information, she added a sentence.

"In 2011, Guoker Electronic Technology's goal is to achieve revenue of more than 1200 billion yuan and profits of more than 200 billion yuan!"

In Wang Yu's view, Qin Shiyu's task is not difficult to accomplish, because in 2011, the old mobile phone giants Nokia, Motorola and other brands began to weaken across the board, and sales dropped off a cliff.

That is to say, starting from this year, the smartphone market entered an era of chaos.

Judging from the current situation, the high-end mobile phone market is still divided by Apple, Guoke, and Samsung. However, in the middle and lower price market, it is really like the scene in "Bright Sword" describing the chaos in northern Shanxi. .

By then, VIVO, OPPO, Xiaomi and a number of domestic smartphone brands will enter the market.

This does not include the second-tier brands being developed by Guoke Electronic Technology.

And it’s time for someone to enter the market!
(End of this chapter)