Return To 1990

Chapter 1,118 The Poor and the Rich

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Half an hour later, everyone had read the contents of the documents in their hands and expressed no big opinions on it. Lu Feng continued: "As for the mobile phone business, I propose to hand it over to Du Guoying. The reasons are, first, mobile phones. The brand is the same as the pager brand. They understand the communication market better. Secondly, the marketing department is now very large. The mobile phone business needs careful care. I still hope they can make good home appliances."

After Lu Feng finished speaking, he looked at Zhu Lidong. Zhu Lidong responded immediately: "I agree!"

Du Guoying seemed particularly excited. With such a core business for him, his status in the group jumped to the same level as Zhu Lidong overnight.

"I will definitely live up to the company's expectations and do a good job." Du Guoying promised.

Seeing that everyone had no objections, Lu Feng asked John again: "Does the major shareholder have any objections?"

"That's not true, Mr. Lu has the final say." John said in a rather sinister tone.

"About next year's budget, no one has any opinions, so let's stop the discussion and move on to the next item, dividends!" Lu Feng said to the crowd: "Regarding dividends, there has been a loud discussion within the group recently, but I think this Everything should be done based on the interests of the group as a whole, rather than one person’s personal interests.”

"The group not only needs to develop, but also faces risks. We are all corporate executives, shareholders, and heads of other companies. I believe everyone knows that the market changes and competition every year are extremely fierce. It is not that When the market stabilizes, it is like a money printing machine. How much money you make every year can be divided out. It is not only the market game, but also the overall economic situation. I don’t need to explain this truth, right?"

No one spoke at the scene. Lu Feng continued: "Looking at the world's top companies, are there any dividend rates exceeding 10%? I believe it is difficult to find. Although we are not listed, we must ensure that small shareholders The interests of hundreds of thousands of workers of Jiafeng Group."

"Large dividends are not in line with the development of the enterprise, nor in line with the overall interests, nor in line with the "Company Law" promulgated by our country in 1993. We are a large enterprise, not a small workshop. To be honest, who can make such a request? There is another possibility of being legally illiterate, that is, being really stupid and contemptuous of the law. No one dares to mention this kind of thing in European and American companies. It is just that some people think that there are many legal loopholes in this aspect of our country and there is insufficient supervision. Yan, in the hearts of ordinary people, the company belongs to the boss, and the boss belongs to the company."

"We also need to have long-term development goals, so I propose that this year's dividends can be increased, but they should be maintained within a reasonable range, 500 million yuan. Last year, the per capita was 120,000 to 30,000 yuan. This year, there are many more people, 500 million yuan. After all, it’s still around 100,000 per capita.”

Wei Yandan was the first to speak: "A year-end dividend of 100,000 yuan is already a top-notch income. There is no company that pays dividends every year. We are the only company in the country that can do what we do."

"But we are an international company." John reminded.

"You can't be extravagant before getting rich. You must be vigilant about this issue. Take a house as an example. What is the current housing price in Shenzhen?" Lu Feng asked the crowd, "Does anyone know?"

Du Guoying said: "About three thousand per square meter, a good location is about six thousand."

"Is it so expensive now?" Lu Feng asked in surprise.

"The prices of commercial housing have been rising in recent years. Many people say that the rise is outrageous. Most people are waiting for housing prices to fall before buying." Du Guoying said helplessly.

"In other words, an average person can buy a house with three years of dividends. This is already a very good income."

But those who can get dividends within the group are not top talents. The average salary of these people is about 100,000 yuan a year.

John felt that he had no chance of winning this year. He looked at Su Yourong and asked, "Mr. Su, what do you think?"

"I have no objection to the dividend plan, but the board of directors must explain what to do with the remaining money? Even if this year's budget is excluded, there is still about one billion US dollars in idle funds in the company's account. This money is deposited in the bank Will the account earn interest or be used for investment?" Su Yourong asked.

"This money cannot be moved. It is stored in the bank. Why can't it be moved? Because I think there are serious economic problems in Asia. There may be a financial crisis in the next one or two years. Recently, many investment banks and well-known financial experts have issued Warning, we must pay attention to the overproduction of industries and the hollowing out of industries in some areas. As a major Asian country, it is difficult for us not to be affected, not only by the international situation, but also by the domestic situation."

"The reform of state-owned enterprises has reached a point where it is necessary to reform. The constraints between the private economy and state-owned enterprises are very serious. A large number of jobs do not produce value. It is approaching the point where changes have to be made. Whether it is domestic or Asian, we are not optimistic. , which is why I want businesses to park a lot of cash."

After hearing this, Su Yourong asked: "Since you are not optimistic about the mainland's economy in the past few years, and Jiafeng has no overseas market, where will the future growth point be?"

"The overall business structure of mainland China needs to be adjusted, but I don't think there will be problems with the economy. This adjustment is an opportunity. When there is an external crisis, many companies will look for better places to transfer assets. These assets are not money, but Industrial assets are factories.”

"First of all, the mainland's population structure is very young, and most of them have primary school or junior high school education. Don't underestimate these academic qualifications. Compared with neighboring countries and regions, they are highly educated people. This is an internal situation, an external situation, high-growth countries in Asia The problem of industrial oversupply in China and the region is serious.”

"Take Thailand as an example. Their manufacturing industry is developing at a rapid pace. So what supports their sudden explosion of such a strong manufacturing industry? It's foreign investment! Foreign debt! They borrowed a lot of money from international financial institutions, and foreign-funded companies moved a large number of factories to the local area. Production drives employment and economic prosperity."

"Are these foreign investments and foreign debts in vain? Of course not. The Thai baht is anchored to the U.S. dollar, and foreign finance is fully liberalized. The international financial capital goes to the stock market and the futures market just like returning to home. When finance loses its sovereignty, If you rely on subsidies to make up for currency fluctuations, something will happen soon.”

"In addition, does Thailand have pillar industries? No, it is a vassal, producing cheap products for the United States and Europeans. The raw materials are imported, and the finished products are exported and sold. Such a country will collapse instantly if there is a slight disturbance. For example, the price of raw materials increases, the export of finished products, and the other side increases tariffs. For such a fragile country, its economy is like paper. The key is how many countries and regions in Asia are paper?"

Others didn't feel much after listening to Lu Feng's words, because most people didn't understand it, but John looked at Lu Feng with disbelief in his eyes. Schroders Group made predictions about the financial cities of various countries around the world. John some time ago Attended several internal financial meetings.

The financial predictions of several financial tycoons in Asia are about the same as those of Lu Feng. Many developing countries do not have financial sovereignty. The economy in Asia is overheating, even if this economic model is just a layer of paper. , that can be tolerated. The key is the turmoil in the international community. Soon someone will tear this layer of paper to pieces.

The so-called monetary finance is a simple and popular metaphor. Your family is very poor and you print money and spend it yourself, but behind the money represents industrial output. For example, if your family prints 100 yuan, and your family only has one pound of pork, then this 100 yuan One yuan is worth a pound of pork. Even if another thousand yuan is printed later, it will cost one thousand yuan per pound of pork, commonly known as inflation.

The big households in the village are very rich and use a lot of food and drink at home. The main money circulating in the village belongs to their families, so everyone's money needs to be exchanged with the money of the big households in proportion. This is the exchange rate system.

We are originally from a poor family. The whole family only has one pound of pork. How can we get rich? The best way is to work for a big company, and you need to have a foundation to work. You need tools (factories), knowledge (intellectual property rights), and buyers (major exporting countries). These things do not come out of thin air.

In order to work, the poor went to the wealthy family to intercede, hoping to borrow some money, let your factory go to my place, and let me sell my things to you. After hearing the request, the wealthy family said that the landlord did not have any surplus food. Since It's not impossible for you to sincerely want to be a laborer.

If you want to make money, you have to kneel down. Kneeling down is not shabby. If something happens in the village in the future, or the village committee holds a meeting, you have to be a pawn. If other big households in the village make trouble with me, you have to go to his door to make trouble. You In my yard, Accountant Wang and Accountant Li can go there whenever they want.

As a result, the poor man turned into a working man. The problem is that the money of the poor man and the money of the rich are unstable when exchanged. There are always a few digits after the decimal point that fluctuate greatly. Accountant Wang and Accountant Li come every now and then. , and took away these 'fluctuations'.

When poor people make money, they don't learn skills or go to school. They just eat, drink and have fun, and consume all the money. Those small fluctuations gradually accumulate into a big hole. Originally, this matter was easy to handle, and the big family would lend some more money. Once the hole is plugged, you can be happy for several more years.

The key point is that something happened around the poor guy. The area where the poor ghost's house is located is the former big family in the village. Although the former big family is a bit lonely, he has been working and studying in the past few years, and he is doing well. The front door and backyard are all tucked back.

Something really happened now. The big boss thought that you all worked for me and didn’t know how much you weighed. In order to scare the former big boss, he decided to kill the poor guy!

That’s basically what it means, everyone understands it!

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