Spring Breeze 1991

After the "Three Meetings", Yao Yuan presided over the first meeting of the Chunfeng Group Appropriation Committee in the new year. At the meeting, the budget plans for the directly affiliated units, strategic projects, and major projects were reviewed and approved. The budget package is particularly notable.

In 1996, the total expenditure budget of Spring Breeze Academy of Sciences was 817 billion Huaxia currency, which is equivalent to about 94 billion U.S. dollars according to the current exchange rate.

Where does the money come from?

Most of it comes from overseas profits, that is to say, it is allocated to Spring Breeze Academy of Sciences in the form of Huaxia currency through the net profit attributable to the parent and the transfer of profits from overseas companies to China.

Basically, it can be said that Yao Yuan allocated most of the profits to Chunfeng Academy of Sciences.If it weren't for Dongfang Petroleum's Baku Oilfield and Shidan Oilfield's strong profitability, Chunfeng Group would not be able to raise enough funds by itself if it wanted to build the new capital of Kazakhstan for free.

In that case, to ensure a sufficient budget, it is necessary to go public for financing, and it takes several companies to go public to raise tens of billions.

This is not currently considered.

At the meeting, Lin Wei said, "The net profit attributable to the mother in 1995 was 981 billion Huaxia currency, equivalent to 112.75 billion U.S. dollars. Let me give you a simple calculation. First, we need to invest 50 billion U.S. dollars in Kazakhstan's new capital construction funds , the remaining 62.75 billion US dollars, about 546 billion Huaxia currency, this is all our own funds this year."

"This money needs to be responsible for all expenditures. In the case of needing to transfer 817 billion Huaxia coins to the Spring Breeze Academy of Sciences, our gap is huge. Where does the missing money come from?"

Lin Wei's gaze slowly swept across the first person in charge of the group company. The fat man's small eyes were slightly squinted. He has always been approachable, and at this moment he is giving people a lot of pressure.

Scanning around, Lin Wei said, "There are currently several measures. First, reduce the cost of administrative expenditure. The administrative expenditure cost of each group company this year must be reduced by more than 15% compared with last year. Tighten your belt and live a tight life. Second, the dividends of all executives above the second level of the company are suspended this year, and will be included in the next year's plan. Third, the group company must speed up the pace of diversification and improve profitability as much as possible, especially Nanfang Industrial, Xiao Dong, Nanfang Industrial It is the core asset, but the current profitability is not enough, you have to speed up."

Xiao Jiabing nodded, "Understood."

Lin Wei continued, "The joint stock companies that plan to go public in Hong Kong must speed up and complete listing financing as soon as possible, and all funds will be allocated directly to the headquarters group."

He talked for more than half an hour and listed more than a dozen specific measures, all of which were to be written into the meeting resolution to form a document and issued as a request.

In general, the theme of 1996 was to concentrate resources to accomplish major tasks, and to cut, stop, and reduce all minor and non-essential expenditures.

Only two units were not required to reduce costs, one is Chunfeng Academy of Sciences and the other is Headwind Logistics.

The total budget of Spring Breeze Academy of Sciences last year was 118 billion Huaxia coins, and this year it has soared to 817 billion Huaxia coins, which is seven times that of last year!

Zhan Chenggui is under tremendous pressure!

Concentrating so much money in the Spring Breeze Academy of Sciences, there is no doubt that the Spring Breeze Academy of Sciences must come up with more cutting-edge technologies as soon as possible, cutting-edge technologies that have a major impact, cutting-edge technologies that can change the industry structure, and cutting-edge technologies that are revolutionary .

The 1996 billion Huaxia coins in 817 have far more energy and significance than the 20 billion Huaxia coins 5000 years later.

Everyone can feel the atmosphere of the approaching war.

As the supreme commander, Yao Yuan was very relaxed, jokingly said, "Old Zhan, all the group companies will fully support your work this year, you have to show some results, otherwise we will take turns to eat at your house, The 817 billion must be eaten back."

Zhan Chenggui stood up and bowed to everyone present, "Thank you comrades, I will hold a mobilization meeting when I get back, and set up a legion to carry out a group army charge. After [-] days, if I can't come up with scientific research that I can explain to Mr. Yao and comrades As a result, I resign on the spot!"

A military order has been issued.

Su Wangting said with a smile, "Mr. Zhan, all the daily expenses of your European R&D center have been claimed by the French Ward Group. You can concentrate on big things."

"The daily expenses of the Novosibirsk R&D Center are covered by the Advance Group." Lu Sen said richly.

The scale of the Novosibirsk R&D Center is second only to the headquarters of the Spring Breeze Academy of Sciences. There are nearly [-] scientific researchers. These are scientific researchers, not ordinary workers, and the daily expenses for a year are not small!

Other group companies have expressed their stance to claim some expenses, which is nothing compared to tens of billions, but this is the statement of the person in charge of the group company to Zhan Chenggui's military order, indicating that they will advance and retreat with the Spring Breeze Academy of Sciences.

Zhan Chenggui was so moved that he wiped his tears on the spot.

This kind of scene can only be seen in Chinese companies. If it is a foreign company, it is good not to tear each other down.

Yao Yuan finally emphasized, "No matter what you do, the wages and benefits of workers must not be reduced, and the investment in several major projects must not be affected. The crisis we will face this year will be bigger and more serious than any crisis in the past."

After a pause, he looked at Su Jianmin and Qin Zhenjun, and said, "Three days later, I will go to Kazakhstan to lead the exploration of new oil fields. The situation this time is different from previous explorations, and it is very, very difficult. The drilling team and drilling team will be transferred to Kazakhstan.”

"If new oil fields can be found in the first half of the year, life will be easier in the future, otherwise, the situation will be more tense in the future, and comrades must be mentally prepared."

The previous few explorations were because he knew where the oil could be produced, and there was no big difference between the left and the right, but this time, he only knew that the Kashagan area has the second largest oil field group in the world. The problem is that the Kashagan area It is too big, extending from the shallow Caspian Sea to the land, and nearly one-fifth of Kazakhstan's territory is located in the Kashagan region.

As for the geological situation in the Kashagan area, there is only one piece of material from the national geological exploration in the Soviet Union in the 70s and [-]s, and the useful information is very limited.

Therefore, it is no exaggeration to say that this exploration is a needle in a haystack.

The crucial all-hands meeting of the Appropriation Committee was over, and after the resolution was issued, the entire Spring Breeze company felt a sense of crisis and a sense of time waiting, and secondly, it was shocked by such a large investment in research and development.

Everyone faintly felt that after this year, the headquarters group would either soar into the sky or decline, and Mr. Yao's entire net worth was bet on it...