YM778.TV Chapter 210: 10 Million Yuan — Junqing’s Annual Profits!
Chapter 210: 10 Million Yuan — Junqing’s Annual Profits!
Liu Xin’s mouth was wide open as he stared until his eyes were almost falling off. He didn’t even have time to pay attention to the colleagues who were looking at him, but looked directly at Su Yang whose eyes were burning hot.
This boss of his really doesn’t reveal much. Before, he thought his boss didn’t know anything, and opened a company for fun with some spare cash that he had.
However, it was totally unexpected to see his boss achieving several amazing feats. First, his boss managed to close business deals with more than 300 people in one afternoon alone. Then, he created a miracle this time around with Junqing!
...
Wang Dong’s blood was also boiling at this time. He stood closest to Su Yang, standing closely behind him with overflowing excitement in his eyes. He only had one thought in his heart.
This was not only screwing someone, but also asking for money!
No, it was like beating up people before sending them to the door to apologize to the bully.
And... This person wasn’t just any Tom, Dick and Harry. It was actually Jiang Yan!
There wasn’t a single person who didn’t know of Jiang Yan’s power in Shanghai, who doesn’t know that Jiang Yan and Qiao Anna were as close as sisters, and now... Su Yang even sent Qiao Anna to the police station with his own hands, made Jiang Yan behave and transferred all of Qiao Anna’s business assets to him!
If this wasn’t the act of a God, what could be?!
How in the world did this boss of his do it! Did he become Jiang family’s son-in-law?!
The people from Su Yang’s company were so surprised enough, but the people from Junqing felt even worse.
One by one, they looked at Jiang Yan in dismay, wondering why she’d give such an order. After looking at Jiang Yan, they looked at Su Yang one after the other with eyes like x-rays shining on Su Yang in an attempt to figure out what kind of person this new boss was.
Some of the people who had experienced what happened a few days ago suddenly realized that Su Yang was very familiar, and soon, they confirmed it as they quietly discussed .
“Wasn’t this man the one who beat up Manager Xu the other day?”
“Huh? Seems like it... Can you become the boss now if you hit the manager?”
A few people around the table frowned at the idiot that voiced it and moved away from him. ‘Stupidity’ was contagious.
“But why is he suddenly our boss?”
“I don’t know but there’s probably a special reason...”
“What kind of background does this guy have? He looks so young.”
“Didn’t Manager Xu and Qiao get screwed just because they offended him?”
As soon as this was said, no one dared to discuss it because everyone suddenly realized... that it was quite possible!
“I just offended this guy one day, and the next day I was sent to the police station. If that’s not something, I’d rot in hell!”
Thus, in the hearts of the employees of Junqing, a faction struggle was going through their heads. The winner was naturally Su Yang who stood next to Jiang Yan...
The one most surprised by this was Manager Zhang. As Wang Dong’s old leader, he had met Su Yang a few times and every time they met, he’d learn something new about Su Yang.
‘From a poor student who caused his subordinate to be fired at the very beginning, to a poor student with ambition. Then. he became a small business owner with brains and ability. Finally... he took a leap and became my boss today!’
Manager Zhang was simply and incomparably shocked. ‘This world is developing too fast, right? How many days has it been? Hasn’t it just been a month and a half?’
A poor student who became a big boss of Junqing?
No matter what the people below thought, Junqing Company would always belong to Jiang Yan. Although her name was no longer in the list of shareholders, she was still the heart and soul of the entire company.
Under her command, except for the bank accounts, the entire Junqing — lock, stock, and barrel was transferred to Su Yang — the company, personnel, businesses, and even the office supplies.
For the employees of Junqing, Jiang Yan’s appearance this time was a significant one. It meant that Su Yang was someone she approved of. It could also be viewed as her approval that he stood at the same level as she did.
It made no difference if they followed Jiang Yan or Su Yang. After all, the company had a strong background, was reliable, and could just pay their salaries.
Su Yang arranged for Wang Dong to go to the Hi-Tech Park’s management office to rent the office area on the opposite floor of Junqing and let the employees move their things there immediately. The layout of both offices was exactly the same so there was no need to even adjust the layout of the work stations.
After changing office locations, Su Yang gave orders to the various departments of the company to begin informing the various partner companies that ownership of the company had switched to Qidian E-Commerce. This was so they could start signing new contracts under the new company name. He also conducted a meeting with the managers of several departments to learn more about Junqing’s situation.
After understanding the situation, Su Yang realized that he had found a treasure.
There were eight departments in Junqing.
The Strategic Cooperation Department.
The Finance Department.
The Human Resources Department.
The Personal Business Department.
The General Business Department.
The Legal Department.
The Marketing Department,
The Administrative Logistics Department.
The Personal Business Department and the General Business Department were the most important and the most populated. They were also the only two departments of the company that were profitable.
The Business Departments were the core of the original Junqing, mainly doing headhunting and networking in Shanghai.
The General Business Department was the department that Wang Dong used to be in, and when conducting business deals, Junqing would establish cooperation with many companies. At this time, they would delegate them to this department when they needed part-time or temporary employees.
The entire Junqing generates about 2,000,000 yuan of revenue a month and has a 37.5% net profit margin. This translates into a monthly profit of 750,000 yuan, which was almost almost ten million yuan a year — an impressive figure.
After understanding the entire structure within Junqing clearly, Su Yang only had one thought in his heart. ‘I’m rich! I’ve struck gold! With this company, even if you don’t do anything and lie dead every day, you won’t have to worry about food or drink anymore.’
Just when Su Yang was happy that he got a cash cow, the finance manager found him, “Mr. Su, our new company doesn’t have much cash on its books. We don’t have enough for daily expenses.”
Su Yang thought for a moment. “Not much? I remember it was seventy to eighty thousand.”
The finance manager looked at Su Yang. “Well, not very... much.”
She paused and added, “Our employees’ monthly salary expenses are around 800,000. This amount of money...”
Su Yang was truly shocked this time. “How much?!”
The finance manager replied, “Eight... 800,000 or so.”
She explained, “Our company has a total of 67 employees, and the salary plus bonus averages out to around 9,000 per month. However, the company needs to pay five types of insurance for them. They were the endowment, medical, unemployment, work-related injury, childbirth insurance, and housing accumulation fund. This translates to a cost that was roughly 12,000 a person. For 67 people, that’s 800,000.”
Su Yang was speechless.
It’s no wonder they were only left with 750,000 despite having a turnover of 2,000,000. ‘Were the expenses really so much?’
Su Yang counted the days. Today was already the 30th of May, and it would soon be next month. The company’s salaries were all lagging by one month, and he couldn’t help but ask, “Do we need the 800,000 yuan next month?”
The finance manager shook his head. “Yesterday, Director Jiang asked me to pay this month’s salary and also settle all our arrears. So the next payday would be the 10th of July.”
After Su Yang heard this, his first thought was that Jiang Yan was truly a sincere person.
Then, he continued in his mind. ‘Since she’s so sincere... Why didn’t she pay the next month’s salary as well?!’
‘There’s only one month and 11 days left, where are you going to get the $800,000!
‘Why don’t we... Why don’t we sell Deeny’s flying rabbit?’
A genetically mutated, winged, flying rabbit should be worth $800,000...
“Heh.”