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Chapter 1525: Chapter 1368: Sixty Thousand Employees (Please Subscribe!)
The year just passed, 2007.
Just these three companies alone generated over thirty billion RMB in profit, with Qingyuan Technology contributing the most, garnering over one hundred billion in sales and more than twenty billion in profits.
Quite impressive.
This is due to a profit margin of over twenty percent.
Epoch led the charge in this regard.
Otherwise.
Such high profits would have been impossible. You see, in the past, apart from Apple, a five percent profit margin for other mobile phones was considered high, while Xiaomi hardly made any money from hardware.
Moreover.
The performance of companies under the Comet Group wasn’t too shabby either.
Comet Video, not making money.
Comet Music, not making money.
Comet Media, not making money.
Comet Entertainment, movies and TV series plus peripheral income, nearly nine billion RMB in profits.
Comet Literature, less than two hundred million.
Comet Theater Circuit, around six hundred million.
After all is calculated.
Nearly ten billion. Of course, not making money doesn’t mean they are worthless, they just don’t provide cash flow to the parent company. Otherwise, in terms of revenue, several companies are doing quite well.
Like Comet Video.
Last year’s revenue was 17.3 billion RMB.
But broadband, operations plus copyright purchases alone cost over 29 billion, meaning the group had to subsidize it. However, even though it isn’t profitable, employees’ annual bonuses won’t be reduced.
After all.
Revenue equals performance.
Tianyan Group.
Last year’s financial statement looked terrible, but that was due to the impact of establishing global subsidiaries, skyrocketing costs, yet revenue nearly doubled, even though it’s still a massive deficit on the books.
But that has nothing to do with the employees.
These three companies handed out over a billion in annual bonuses.
Neither too much nor too little.
And why other companies also had over a billion, of course, is because they earned substantial profits too. Just Microcrystal Technology and Qingyang Sound last year made nearly three billion RMB in profit.
That’s the profit.
Not revenue.
Microcrystal Technology’s revenue last year exceeded ten billion.
Sheng Tang Group.
Zhongyu Special Guard.
Wan Qing Mining.
When concluded, indeed about twenty-eight billion needs to be distributed.
That’s a lot of money.
Any typical tycoon would be heartbroken, but Tang Qing, who isn’t lacking in anything but money, just distributes it, having earned nearly forty billion, what’s distributing twenty-eight billion, aiming to distribute even more next year.
Because the more he distributes.
The more he earns.
This is directly proportional.
And furthermore.
If we talk about more.
The Myanmar Bank Group has even more.
With over four hundred thousand employees, at least twenty billion needs to be distributed, which is after many joined the Myanmar Economic Zone administrative system since the bank became part of the Central Bank, otherwise it would be even more.
Fortunately.
The group has money.
Real money.
...
Minutes later.
After listening to Tang Qing’s explanation.
Everyone suddenly understood.
If you calculate it that way.
Twenty billion really isn’t a lot.
"How many employees do you have under you?" Ge Feng asked curiously.
"If we talk about until yesterday, almost sixty thousand." Tang Qing thought for a moment. Sixty thousand, which wouldn’t have surprised him in the past, but thinking of the several hundred thousand employees of the Myanmar Bank Group, it seemed negligible.
"That many?" Ge Feng’s eyes widened.
"Is it a lot?"
Ge Feng nodded vigorously, sixty thousand people, which means sixty thousand families, representing at least a hundred thousand people relying on Tang Qing for their livelihood, their Ge Family might seem big, but total employees are not even forty thousand.
Tang Qing smiled.
In the future.
When Hummingbird Commerce Storage unfolds.
Just this one company might far exceed this number with its warehouse management, distribution, and logistics all requiring staff. Even if some processes are outsourced, Hummingbird still needs to ensure that over ten percent of services are provided directly by them.
Otherwise.
It’s easy to be choked by others.
Think about it.
Being just a courier, if he were to undertake global delivery, it would involve a huge number. This company could potentially become the private company with the most employees in the world very quickly.
...
An hour later.
"Let’s go, the airplane has arrived." Tang Qing stood up.
"I really don’t want to leave."
"You just don’t want to leave the food behind."
"Both, actually."
The belongings were already packed and loaded into the vehicle.
Headinng downstairs.
"Let’s go."
Tang Qing said to Kuang Mao.
"Okay." Kuang Mao quickly stood up, Tang Qing said to leave in an hour and a half, they had packed up ten minutes ahead, having been out for six days, they were a bit homesick, and it was warmer back in Shanghai.
Davos.
Really not suitable for winter visits.
A few minutes later.
Airport.
"I’ll come over for a meal when I have time." Ge Feng said with a smile.
"Sure."
Tang Qing guessed that Ge Feng, about to become a father, wouldn’t have time to visit Huaxia within the next six months.
Nothing more was said.
They each boarded their respective airplanes, and soon, the two airplanes took off, flying in opposite directions, Ge Feng’s airplane chasing the sun while Tang Qing collided head-on with the dawn-dusk line.
Entering day and night.
On the airplane.
Kuang Mao and others sat in a small cabin.
Small cabin.
It didn’t exist originally, but to deal with situations like this, Tang Qing specially modified one, not too small, definitely more spacious than commercial airlines, with exactly six seats. n𝚘𝚟𝚙u𝚋.co𝚖
Others modify airplanes.
You must go to the original manufacturer.
But he is the original manufacturer, just wearing someone else’s coat, besides this model, the Training Area also has many outwardly identical ones, but internally very different, magically modified, Tang Qing’s favorite.
After takeoff.
"Huh, is there Wi-Fi here?"
A photographer took out an ’Epoch’ tablet, planning to watch a TV series downloaded at the hotel, just as he was about to tap into it, he noticed that the Wi-Fi in the upper left corner was already connected.
Signal super strong.
He clicked on a webpage.
It popped up in an instant.
"Whoa."
Could the hotel’s Wi-Fi be this strong?
Impossible.
"What are you doing? Turn it off quickly." Kuang Mao hurriedly said.
"Why?"
"The airplane must be covered by an automatically accessed satellite network, do you know how expensive the data costs are?" He could only explain it in a way he understood, how expensive, he had no concept, but it certainly wasn’t cheap.
"Oh."
The photographer said disappointed.
At that moment.
"Gurgle gurgle!"
The roller door was pushed open, and a male flight attendant walked in, startling the photographer so much that he almost dropped the tablet, thinking he was being warned because he was using the Internet.
"I’m sorry, I’m sorry, I didn’t mean to." The photographer hurriedly put away the tablet.
"What?"
The photographer cautiously said: "I shouldn’t have turned on the tablet."
Hearing this, the Fighter immediately understood the situation through the surveillance and said with a smile: "No worries, the use of mobile phones and electronic devices is allowed on the airplane, and there are no data restrictions."
"What?"
"If it’s an Epoch series product, it will connect automatically, no password needed. If you use a computer or other brand mobile phones, the password is also very simple, six sixes, two eights."
"I see, thank you, I thought it wasn’t allowed." The photographer breathed a sigh of relief.
The Fighter pressed a circular button on the right divider.
The panel below it retracted.
Sliding into the wall.
Various packages appeared inside, "Here you have beverages, tea, hot water, cold water, and some snacks, but no alcohol. Feel free to help yourselves, and we’ll bring dinner later."
Having said that.
The Fighter turned and left.
Leaving behind everyone who had just calmed down.
"There is internet."
"There are drinks."
"And there are tasty snacks."
"...This is awesome."
