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Chapter 1079: Chapter 948 Creating History (Subscribe please!)_3
"We made payments twice. The first was before the construction started, amounting to ten million. The second was upon the completion of the underground main body, totaling fifteen million. The next payment would be after the acceptance and qualification of the six-story main bodies of several buildings," reported Pu Chaodong.
The Comet Group is not short of funds at all now.
The construction financing comes from bank loans. Given the Group’s credit, banks, especially ICBC with the highest credit limit for the Group, do not hesitate at all; they provide whatever is needed. If not lent to such a premium enterprise, then to whom?
This is because all overseas box office receipts are first deposited into ICBC’s accounts.
Naturally, the Group did not transfer the funds to other banks.
"Hmm, Director Bai, as primary and secondary schools are starting soon, could we pay each of them something as schooling funds for their children? It shouldn’t be a problem, right?" Tang Qing suggested to Bai Tong.
It is common for construction companies to delay payments.
This was unavoidable, hence his tone was suggestive.
Only the major central enterprises can afford to pay wages monthly without concern.
"Understood. For everyone on site, I will settle cash payments of three thousand yuan per family. The wages for summer workers will be paid in full," Bai Tong, quick-witted, immediately grasped Tang Qing’s intention.
This was to take care of two students.
There were not just two university students working over the summer at the construction site.
There were nearly ten.
With hundreds of workers, it was merely a matter exceeding one million yuan—trivial for the Comet Group, which never delays project payments. In no more than two weeks, another twenty million of progress payments would arrive.
And Tang Qing had spoken.
He dared not refuse, as Tang’s business turned over tens to hundreds of billions of RMB. Facing such a Jumbo future prospect, taking on such projects was also a ’dazzling record’ for the company.
...
He declined Bai Tong’s invitation to dine out.
Tang Qing left the construction site.
He went to the headquarters of the Comet Group.
The expansion of personnel.
It was already crowded here, and considering a quick relocation, Pu Chaodong did not continue to rent more office space. Instead, the existing office space was squeezed further by adding three rows of long desks.
Just like the original headquarters of the Tianyan Group.
To alleviate everyone’s bad mood.
Pictures of the headquarters were hung all around the office. Whenever tired, looking at these would dramatically improve their mood, especially when thinking about the saved rental costs soon.
Complaints then vanished.
The company declared.
Hotel-style apartments would be provided for free accommodation.
They only needed to pay for water and electricity. With the capacity to house at least five hundred people, it was far more comfortable than commuting daily by bus. Such a humane company was uncommon in the Shanghai Stock Market.
The ability to construct apartments for its employees and be willing to do so, there weren’t many either. Hence, their sense of belonging to the company was very strong. Switch jobs? No way.
In the industry.
Was there any company with a brighter future than the Comet Group?
...
Conference room.
All personnel from deputy general manager upwards attended.
Their faces unconsciously revealed joy as it was exactly a month since the release of "Civilization: War Without Boundaries."
A month ago.
They were full of hope.
A month later.
As expected, the second installment of "Civilization" had surpassed the first. As of yesterday, the global box office had exceeded 1.125 billion USD, breaking the previous installment’s monthly box office record.
It directly set a new record for the highest monthly box office in history.
"As of last night, twelve o’clock, the global box office reached 1.125 billion USD, surpassing ’Titanic’ and becoming the new champion of monthly box office revenue in history.’
Since our movie will continue showing for another half month, it’s a certainty that the final box office will surpass the first "Civilization," and related peripheral income has already exceeded 80 million USD.
We can say that we have succeeded once again," Pu Chaodong excitedly shared.
This data indicated that the company would have several billion more in its accounts next month. Such profitability could drive the industry crazy; they didn’t need to heed any investor’s preferences and could shoot whatever they desired.
Seeing everyone happy.
As the boss, Tang Qing was of course happy too.
However.
Cold water still had to be poured.
"Everyone, success is indeed something to be happy about, but exactly because we have been too smooth, it has made the recent atmosphere in the company somewhat impatient, thinking that making money is easy.
This is not good. We rely too much on the special effects company, which is our core advantage, but it is not in our hands, meaning our advantage can’t be maintained forever.
What will be the result? It’s not hard to guess—we could become an ordinary company, falling into fierce market competition, and our easy earnings could vanish.
Yet, some in our company think we can always have smooth sailing without worries, which is incorrect.
I am not criticizing you, but I hope everyone in the company can adopt the right mindset, do their work well and thoroughly, not treating it like an easy game where one can win by lying down."
The more they listened, the less joy appeared on their faces, and they all became serious. They were aware of this issue in the company, and even harbored wishful thinking themselves. Being addressed this way by Tang Qing, they unconsciously bowed their heads.
Pu Chaodong immediately stated, "Chairman, we will initiate a self-examination and impose stricter demands on our work."
"That’s good. Moving forward, our business will begin to expand vertically and horizontally. Aside from movies, projects for web series and TV series will also be pursued. Great works don’t necessarily require special effects."
A company.
Is a collection of people.
With people.
Comes all sorts of problems.
Because people are diverse, and also inherently lazy, much like monopoly enterprises, expecting them to innovate or exercise self-restraint without competition is exceedingly difficult.
Now, the Comet Group inevitably encounters such issues.
Thinking about the special effects company.
And having no competitors.
Frankly speaking.
It’s the ’young master disease.’
This had happened with Tianyan initially, but since Tianyan itself was a company specializing in finding and resolving corporate issues, it quickly made internal adjustments and added detailed performance evaluations.
The situation at the Comet Group was different.
A different solution was needed.
Self-degradation.
In cutting-edge products, unrivaled.
In general products, downgraded to fierce market competition, using external conflicts to suppress internal ones is always the most effective balancing method.
