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Chapter 96 Year-end Summary

After seeing off guests from all directions, the atmosphere in Jiangnan Building suddenly became tense, and there was no slackness about the New Year.

All senior management of the group and the main leaders of subordinate companies also stayed at the headquarters to prepare to attend the second group conference.

Moreover, before the annual meeting, Mr. Zhao will work with the Board of Directors, the Strategic Decision-making Committee, and the Supervision and Supervision Committee to listen to the annual reports of its companies.

Last year, the group was founded, and Mr. Zhao just chatted with the heads of various companies at Jiangnan Ying Hotel, asked about the preparation status of each company, what difficulties were there, and what was going to do this year.

Now the first year of the five-year plan has passed, and we must make real progress to pass.

The offices of each company are on the second floor, and the conference room No. 1 that listens to reports is on the third floor.

The bosses on the second floor seized the last time and sharpened their guns with their subordinates in order to make it possible to pass the exam at least 60 points when it was his turn.

After all, except for those cows, everyone's performance is not glorious, and there are even losses... If the evaluation fails, not only will the year-end bonus of all employees of the company be lost, but the company's management will also be downgraded.

How can this be resisted?

~~

The first report was Jiang Xueying, but she did not serve as the president of the group, but represented Jiangnan Finance.

Jiangnan Finance currently only has Jiangnan Bank, so what Jiang Xueying wrote is the Jiangnan Bank report.

In the past year, Jiangnan Bank has been shining, successfully spreading its network throughout the north and south capitals, ten prefectures in Jiangnan, along the canal, and also laying outlets in the coastal areas of Shandong.

When Jiang Xueying reported that the Jiaozhou Branch of the Shandong Branch, which was established on the eighth day of this month, happened to be the 100th branch of Jiangnan Bank in the country, thunderous applause sounded in the conference room!

After the applause stopped, Jiang Xueying continued to report with a calm expression, as if he had only achieved a small achievement.

She announced that as of the end of last month, Jiangnan Bank had issued a total of 80 million taels of silver notes! The denomination amount of circulating outside was as high as 73 million taels. The goal of monetization of silver notes has been initially achieved.

In addition, Jiangnan Bank depositors have deposited 69 million taels! In just one year, they have exceeded all the tasks of "sucking 50 million taels of savings" set by the First Five-Year Plan!

Thunderous applause sounded again? Everyone who listened to the report sucked in the air. They knew that Jiangnan Bank had become the number one bank in the Ming Dynasty. But they didn't expect it to have arrived? It was even more money than the original four bankers combined!

The reason why we can achieve such a magical achievement in one year? In addition to the spring breeze of Jiangnan integration, it greatly promoted the business expansion of Jiangnan Bank. To a large extent, it was also because Hengtongji took the initiative to give away heads.

Before Hengtongji initiated a run, Jiangnan Bank depositors only deposited 20 million taels of silver.

After defeating Hengtongji's conspiracy? Jiang Xueying used three times interest to suck up Hengtong's deposits in Jiangnan.

Then he completely drove it out of Jiangnan and replaced it, becoming the well-deserved leader. With this big victory? Jiangnan Bank was completely in the hearts of customers? It established an invincible image and its business scale expanded sharply. Not only Hengtongji's depositors moved crazily, but even Wanyuanhao, Xinlong and Tianhuidang were affected by the fish, and the deposit of silver was reduced by half.

Now the bank in Jiangnan Bank has over 100 million yuan in stock, and it is truly invincible.

In addition? Jiangnan Bank also issued 10 million taels of bonds to its subordinate companies and provided low-interest loans of 7 million taels. It can be said that as the shopkeeper Song Da said, the entire Jiangnan Group relies on Jiangnan Bank for blood transfusions!

"The biggest problem now is that we have too much silver in stock, but we provide too little loans." The morning sun shines through the large glass windows, shining on Jiang Xueying's little face. She frowned slightly and said, "Loan interest plus exchange fee? All the bank's income is enough to pay the normal deposit interest. If this problem is not solved, the losses will become more and more serious."

Yes, Jiangnan Bank, which has 100 million taels of silver in stock, recorded a loss of more than two million taels this year!

One million taels are the expenses of recruiting soldiers and building outlets. The other one million taels are the price to pay for the previous three times the interest rate. This is called the excitement of the reserve and the interest rate is full of injuries...

Therefore, next year, Jiangnan Bank’s number one task is to make a loan, and it will take another 10 million taels to turn losses into profits.

Of course, there is another way, which is to increase the loan interest rate and immediately balance income and expenditure. But that goes against the original intention of establishing Jiangnan Bank - to absorb huge sleepy funds from society and use other people's money to develop their own industry and commerce.

This is also because Miss Jiang is too strong. In fact, as the group's nurse, it doesn't matter that Jiangnan Bank will continue to lose money. As long as you can play the game of four cups and three lids.

In fact, Jiangnan Bank now issues loans and pays interest, basically uses its own silver notes. In 80% of the cases, it cannot move the deposit of the warehouse. So as long as there is no major problem with the policy... For example, if the court suddenly bans silver notes, or simply seizes Jiangnan Bank, Zhao's financial system will be absolutely safe.

After Xueying finished the report, the twelve members of the three associations who were responsible for the review expressed their satisfaction and scored 100 points on the spot.

As a reward, all employees of Jiangnan Bank have doubled their year-end bonuses, and their job ranks are collectively increased to one level!

President Jiang sighed lightly. She found that she was also the president of Jiangnan Bank, which would affect the authority of the rating... Who dares to give the group president a negative review? What's more, she is also Brother Zhao...

She blushed pretty, stood up to thank her, and returned to her seat. The rules have been set this time, so she can only adjust them next time.

~~

The next report is Gu Dadong, the president of Jiangnan Development Corporation. Wang Mengxiang is more slick than Jiang Xueying in this regard, and he, the chairman of Jiangnan Development Corporation, hid behind.

Moreover, although Jiangnan Development Corporation now has 34 branches, it is natural that Gu Dadong's Kunkaisi, who is the main player, can make a summary report.

However, Mr. Zhao had read the good news from Kunkaisi, and was happy that he was so happy that he jumped straight away. So there was no need to repeat it. It was probably the farm that had a good harvest, with a profit of 3.1 million taels. But the profit was narrowed to 1.7 million taels when the engineering department repaired the Kunshan water conservancy project last year, and the project payments paid in Chongming, Pudong, Changzhou, Wuxian and other places...

Moreover, the 33 branches including Chongkaisi, Shangkaisi, Wukaisi, Changkaisi all suffered losses of varying degrees. The most serious Chongkaisi has lost 900,000 taels, and the 33 companies combined have exceeded 8 million taels...

He won the title of group loss king in one fell swoop.

Gu Dadong wiped his sweat and quickly continued: "But next year, Chongkaisi and Shangkaisi will have one million acres of farms to be put into production. In addition, there are also a total of 1.5 million acres of farms in Wujiang and Wuxi, Suzhou, Wujiang and other places. There should be no problem in completing the 15th plan ahead of schedule next year. If the weather is good, the holes of this year will be filled next year..."

"What about the hole next year?" Mr. Zhao, who was sitting in the main seat, couldn't help but laugh, and everyone chuckled.

Gu Dadong smiled awkwardly and said, "I can only count on the next year. And not every county is like Kunshan, Chongming, and Pudong, where there are so many unowned lands..."

Zhao Hao nodded, and did not make things difficult for Dadong. Even in Jiangnan, which is rich in the world, the infrastructure level of each prefecture is almost zero, and there are too many accounts to be compensated. If the ten prefectures and sixty-one counties are smashed one by one, even the mountains of gold and silver cannot stand it.

In a short period of time, it is purely a blind eye to expect the development company to make a lot of money.

Fortunately, each branch is independent accounting and responsible for its own profits and losses. Kunkaisi has already made a profit, and it is not difficult for Chongkaisi to make a profit.

Finally, the board of directors and the strategic decision-making committee gave a 90-point score. However, the Inspection and Supervision Commission and the Group Audit Department need to complete the report and account audit to give the final score.

But as long as he didn't brag or lie, his score was unlikely to change. This was the score given by the group's highest power nine...

~~

The third one reported is Jiangnan Building Materials Corporation.

Hua Bozhen also made a personal report. In the past year, Jiangnan Building Materials has built three cement plants, increasing the annual output to 60,000 tons, four times that of the same period last year.

Moreover, this year, with the help of the research center, Jiangnan Building Materials improved the lime furnace and the test effect was excellent. If nothing unexpected happens, it can be completed in advance next year, with a five-year plan of annual output of 150,000 tons.

As soon as this statement came out, a burst of applause rang out in the conference room. Especially Wang Mengxiang, all counties were waiting for cement. If they could produce 150,000 tons per year, they would naturally greatly speed up the progress of projects in various places.

Although cement is currently supplied to the group, Jiangnan Building Materials is also independently calculated, and each company has to pay for cement. So although three factories have been put into production this year, Jiangnan Building Materials still achieved a profit of nearly 400,000 taels.

In addition, Jiangnan Stone Factory also made a profit of 20,000 taels. However, it is also supplied internally and cannot be exported.

Finally, Jiangnan Building Materials also invested in technology and jointly established Xishan Cement Company with Xishan Group, with an expected dividend of 100,000 taels...

The directors couldn't help but laugh and finally earned money from outside.

Mr. Zhao pursed his mouth and didn't say anything. Why didn't this feeling besides me?

Oh by the way, Xishan Company is mine too...

In the end, Jiangnan Building Materials received a good evaluation of 75 points. As a reward, the employee's year-end bonus doubled.

~~

Next is Chen Huaixiu's report on behalf of the Royal Sea Operations, and Zhao Hao is no longer familiar with this. In short, starting from March, Royal Sea Transport and its predecessor Jiangnan Shipping completed a total of 18 maritime round trips, transporting a total of 1 million stones of grain... It is still half the distance from the agreement with the Ministry of Revenue to the two million stones a year.
Chapter completed!
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