Chapter 1120 The real champion
Then there is Daqian Esports. This kid is miserable this year and has not made much money. After all, in order to support the International Esports Federation, he also has a lot of money to hold competitions all over the world. But not much is taken back directly, and he barely maintains a balance of income and expenditure.
However, Huang Xuzhong, the president of Daqian Esports, said shamelessly that the profit growth of Daqian Games is all due to Huang Xuzhong, so half of Daqian Games' profit should be considered the profit of Daqian Esports. In response, Boss Jia said that Huang Xuzhong and Zhong Yu would talk about this issue.
After Huang Xuzhong, it was probably Wang Chuanfu who came here, but this guy who didn’t come to attend the annual meeting last year still did not come this year.
However, this year he was not spread by a vicious incident and had to lead a team to deal with it, but went to the United States to develop the market.
Since this guy has introduced electric bicycles... no, it should be environmentally friendly motorcycles to the US market, he has basically been thinking about it. He has given all the daily management and operation of the factory to several vice presidents, and he has devoted himself to the overseas market and has carried out various preparations.
Not to mention, this guy is quite fast. He completed the approval work of various procedures in less than two months. Now he is taking the first batch of environmentally friendly motorcycles directly to the United States, intending to start selling in the American market.
In this case, Boss Jia naturally couldn't let Wang Chuanfu come back. After all, Boss Jia made money, so Boss Jia couldn't stop him.
Anyway, Boss Jia has read BYD's annual report a long time ago.
Very good. BYD has basically occupied the industrial battery market now. In the entire 1996, it created a total of 1.2 billion yuan in the industrial battery field, but only left the civil battery field to trouble the remaining battery companies. This made the battery companies that jointly established BYD and left BYD to the big thousand regret it.
The field of electric bicycles has also begun to make efforts. With the gradual opening of the market, Huaxia has been able to see people riding electric bicycles in many cities, especially Yuzhang. Although the grand scene of the future electric bicycle kingdom has not yet been reproduced, at least electric bicycles parked on the roadside can be seen on every road.
Relying on electric bicycles, BYD also made more than 400 million yuan in profits a year.
At the same time, electric bicycles also support another industry called Chegrava, but I won't say much about it here to avoid my battery being gone.
Finally, Daqian Electronics, which Boss Jia personally served as the president, Daqian Group once again integrated Daqian Mobile and Daqian VCD into Daqian Electronics, a new company.
Boss Jia personally served as the chairman of the company, and Daqian Electronics' performance this year has also been quite awesome.
First of all, Daqian VCD basically unified the Fusang market. In addition to five or six small brands and Sony is struggling with death, 80% of Fusang's VCD market is Daqian.
Although it still has a classic loan model, after reaching a cooperation with Mitsubishi, all members of Daqian VCD in the Fuso market were packaged and sold to Mitsubishi Financial for financial management products.
So Daqian VCD, who was originally going to lose money, made another 1.8 billion US dollars in a year.
Then there is Daqian Mobile Phone. With the release of Daqian Mobile Phone 2, the world's first mobile phone with gaming functions eventually completely defeated Motorola and Nokia, which competed on the same stage, and won the position of the King of Phones in 1996. By the end of 1997, Daqian 2 mobile phones had sold a total of 3.2 million units.
As the speed continues to increase, the cost of Daqian Mobile Phone 2 has dropped significantly.
The price of $1,200 is only more than $200 now, and the cost of material is more than $100. The profit for Tianxing Machinery is the remaining $800, which is Daqian's net profit.
How to calculate the profit of $800 per mobile phone is $2.56 billion in net profit.
By the way, all the 1.6 million mobile phones sold by Nokia were manufactured by Tianxing Machinery. The profit of each mobile phone was US$600, of which 100 were from Tianxing Machinery, and 500 were naturally the pure profit of Daqian Electronics, which was another 800 million US dollars.
Motorola came later and bought less, and they bought parts back and assembled them themselves, so they made less, but now they have more or less profits of $100 million.
This is not the end, because with the release of Daqian 2 mobile phone, Daqian 1 announced that it would start to reduce the price and clear the inventory, and the price was reduced from $1,200 to $1,000, and later it dropped to $800, a full price reduction of $400.
Then Daqian 1 burst out with amazing vitality because the price is too cheap. Those who are short of money but want to own a mobile phone choose to buy cheap Daqian 1. After all, Daqian 1 is also very good-looking, and it is the same for making calls. They don’t need so many fancy functions.
So Daqian 1, a mobile phone that should have exited the market, sold 2 million units. However, the total cost of Daqian 1 has dropped to less than $200, so a mobile phone worth $800 still has a profit of about $500, and has sent Daqian 1 billion in profits.
Of course, only God knows why Daqian has a huge inventory of 2 million mobile phones.
However, later Nokia and Motorola also discovered the happy Daqian 1. The two companies gritted their teeth and did not reduce the price of this old phone to about $1,000. I heard that they also sold about millions of units respectively.
There is no way. Although it is a few hundred dollars more expensive, the brand charm of Motorola and Nokia is still unmatched by Daqian.
In the end, Daqian Electronics made a terrifying profit of US$6.2 billion in 1996.
So Zhong Yu, who was proud of himself before, was actually a fool. He actually thought he was the most beautiful boy in Daqian Group, but he didn't know that the most profitable part of Daqian Group was still firmly in the hands of Boss Jia.
Of course, from Zhong Yu's performance, we can see that even the senior executives of Daqian Group still know very little about Daqian Electronics' information, but this is what Boss Jia wants. If the company knows the financial situation of the entire company clearly, then wouldn't he be the boss?
Then there are the two companies, Moutai and Huangchao. This time, Moutai still sent a representative to attend the annual meeting. The factory director did not attend the reason why Moutai was going to hold an annual meeting for employees, but Boss Jia didn't care. It was enough to go public.
The other one does not intend to make money at all, so there is nothing to say. Their performance is all in the various animations launched this year.
Finally, the various group companies of the Daqian Army also joined the report, but not everyone came, but Leng Xuxin, the president of the largest enterprise under the Daqian Army, came to report on behalf of the entire Daqian Army.
"Chairman, after two years of development, our Daqian Group Army has already owned 52 enterprises, involving 13 major categories, 232 sub-items, and a total of more than 6,300 different products."
"At the same time, Daqian High-tech Electronics Industry Base has moved into 212 companies, involving the entire electronics industry, 21 major categories, 430 a small item, and a total of 13,547 different products!"
Chapter completed!