Chapter 141: Aimeigao Earned Nearly HK$100 Million
Obviously, there had to be a problem with the financial director's loyalty suddenly becoming so low.
As long as an investigation was conducted, it would definitely be easy to expose the flaw.
Therefore, Lin Haoran had already decided to find someone to investigate after this meeting ended.
The meeting did not last long, merely covering some recent key matters, things each department needed to pay attention to, and reports from the directors of each department on their work progress.
In just about half an hour, this executive meeting came to an end.
“Mr. Burton, come to the office with me.” Before leaving the conference room, Lin Haoran said to Burton.
“Okay, boss.” Burton agreed.
The two left the conference room one after the other and returned to Lin Haoran's office.
“Mr. Burton, have you noticed any problems with the company's expenditures recently?” Lin Haoran asked directly.
“Expenditures? Boss, I've basically approved all the various expenditures, and there haven't been any problems. If there were any problems, I would have reported them to you long ago.” Burton answered somewhat puzzledly.
“Then have you noticed any strange behavior from Mr. Maka, the financial director, recently?” Lin Haoran continued asking.
Judging from Burton's loyalty, there was absolutely nothing wrong with him. His loyalty had remained steadily at 89 since several months ago.
This level of loyalty was also considered relatively high among his many subordinates.
As for this loyalty cheat ability brought about by his transmigration, although it was not very useful under normal circumstances, sometimes it was quite useful.
“Boss, I've reviewed the financial monthly reports from the finance department every month, and I haven't found any problems. As for Mr. Maka, I haven't noticed him doing anything unusual either, but I've heard a rumor that he recently plans to buy a house in Tsim Sha Tsui, and has been frequently going to view properties lately. But that's his private business, so I have no right to ask about it.” Burton answered honestly.
Lin Haoran nodded, becoming increasingly certain that there was something wrong with this financial director
Although it was not strange for a company executive at the level of financial director to be able to afford property in an area like Tsim Sha Tsui, this was just too coincidental, wasn't it? His loyalty had just dropped, and on the other side he was planning to buy a house. There definitely had to be a problem.
At the very least, his loyalty had never been wrong so far. He still trusted this cheat ability very much. Since his loyalty had suddenly dropped by so much, there definitely had to be a problem.
Lin Haoran had never done anything to Maka that would make him resentful. He had barely even spoken with Mr. Maka, so it obviously could not have dropped because he had offended him.
Thus, there was only one possibility, which was that Maka had done something disloyal to Qingzhou Yingni Company.
“Don't tell anyone what I just asked you. Just pretend it never happened, understand?” Lin Haoran said seriously.
“Boss, rest assured.” Burton nodded.
“Mm, that's all. Go get back to work. Oh, right, have the financial director bring all the account books for this year over here. I'll look through them.” Lin Haoran said with a smile.
It was perfectly normal for the chairman to look through the financial account books.
“Okay, boss, I'll head down first.” Although he found the boss's questions just now somewhat strange, Burton did not pursue the matter.
At the same time, he secretly wondered in his heart: “Could it be that the financial director recently did something that the boss discovered?”
But no matter how he thought about it, he could not find anything wrong with Mr. Maka.
Of course, Burton knew that he was not a professional when it came to finance. If there were minor loopholes in the accounts, it would indeed be difficult for him to discover them.
Without thinking about it any further, Burton quickly left Lin Haoran's office.
A dozen minutes later, financial director Maka arrived at Lin Haoran's office carrying a thick stack of account books.
“Mr. Chairman, all the account books you requested are here.” Maka placed the account books on the desk and said respectfully.
From his actions, there was no sign of any nervousness.
“Mm, thank you for your trouble, Mr. Maka.” Lin Haoran said with a smile.
“It's my duty. If there's nothing else, I'll head out first. If you have any questions, Mr. Lin, you can ask me at any time.” After saying that, Maka left the office.
Watching the financial director leave, Lin Haoran once again turned his attention to the account books in front of him.
Of course, he was not going to check them himself. His knowledge of finance was only half-baked, and if he looked through them himself, he definitely would not be able to find anything.
However, he could call over the financial director from Wan'an Group and have two people come over to conduct an audit.
At present, the finance department at Wan'an Group did not have much work. Apart from being relatively busy at the beginning and end of each month, they were basically quite idle at other times.
After making a call over there, he quickly received a reply that they would arrive within an hour.
Although Wan'an Group was still a listed company, the group's executives basically followed the chairman's arrangements completely. Even if he asked them to do some work unrelated to Wan'an Group, they would not disobey the chairman's wishes. After all, unless they no longer wanted to work at the group.
Moreover, checking accounts was a small matter for professionals like them and was not difficult.
About forty minutes later, the financial director of Wan'an Group appeared in Lin Haoran's office.
This was not their first time coming here. The last time they came was on the day Lin Haoran took over Qingzhou Yingni Company.
Now, in the blink of an eye, more than eight months had already passed.
“Help me check whether there are any problems with these accounts. I'm going out for a while and should be back in about two hours. If you finish checking the accounts early, you can also call me on my pager.” Lin Haoran pointed at the account books on the desk and said to the three people who had come over.
“Boss, rest assured. We'll carefully check the accounts and contact you immediately if there's any problem.” The financial director of Wan'an Group said with a smile.
At this moment, in the finance department office on another floor, Maka was still wondering why the boss had suddenly gotten the urge to check the accounts.
But when he thought about how secretly he had handled his little scheme, even professionals auditing the accounts would not discover anything wrong, so it was impossible for him to be found out. He then relaxed.
Lin Haoran left Qingzhou Yingni Company with his bodyguards. While the financial personnel from Wan'an Group were checking the accounts, it was impossible for him to stay here the whole time.
So, he simply decided to make a trip to Aimeigao Company first.
As for who would take over as the new financial director of Qingzhou Yingni Company, there was no need to rush for the time being. He already had a target in mind. At the very least, what needed to be done now was to first find out exactly what the current financial director Maka had done to harm the company's interests.
By now, Aimeigao Company's development had long since exceeded all expectations.
Even Lau Luen-hung, the company's general manager, was extremely shocked by the scale of Aimeigao's development.
Lau Luen-hung was now extremely grateful that he had accepted Lin Haoran's investment back then.
In his view, if he had not accepted Lin Haoran's investment back then, Aimeigao Company might still be a small workshop today.
In reality, he was overthinking it. Even without Lin Haoran's investment, Aimeigao Company would have developed very quickly.
It was just that compared with Aimeigao Company today, there would certainly still be a gap, after all, the starting points were different.
It took only about twenty minutes to get from Qingzhou Yingni Company to Aimeigao Company, and they soon arrived at this Kwun Tong industrial park.
The car stopped downstairs of the industrial building. Lin Haoran looked over the six-story industrial building in front of him, with the five large golden characters “Aimeigao Company” already affixed to it.
The same five large golden characters were also affixed to the industrial building next door.
Nowadays, in order to cope with the ever-increasing volume of orders, Aimeigao Company had once again doubled its factory space, directly renting the industrial building next door as well.
The number of employees had also unknowingly nearly doubled. In the entire Hong Kong manufacturing industry, it could already be considered a giant-level manufacturing enterprise.
In the entire industrial park, it could be said that 80% of the employees were now from Aimeigao Company, while the other tenants accounted for almost none of the employees.
Back in November of last year, Aimeigao Company had only rented one floor, with just over two hundred employees.
The changes that had taken place in just eight short months could be imagined.
The owner of the industrial park had seen all these changes, but he had already known when the company opened that one of Aimeigao Company's owners was Lin Haoran, chairman of Qingzhou Yingni Company. In the eyes of the industrial park owner, Aimeigao Company had developed so quickly because of Lin Haoran, not because of Lau Luen-hung.
The chairmen of two listed companies, after all, opening a manufacturing enterprise of such a large scale, wasn't that normal?
Walking into the first industrial building they had rented, Lin Haoran went directly to the office on the third floor.
Passing through the production areas on the first and second floors, it was obvious that they were both extremely busy.
Inside the general manager's office on the third floor, Lau Luen-hung was holding a calculator and rapidly punching in numbers.
Seeing Lin Haoran come over, he continued calculating as he said: “Haoran, wait a moment. I'm calculating the order volume for the coming period and planning the daily production targets. I'll be done very soon.”
Lin Haoran nodded and did not disturb him. Instead, he went to the sofa in the reception room, brewed some tea by himself, then poured himself a cup and drank it.
Not long after he arrived, Lau Luen-hung also came over.
Lau Luen-hung sat opposite Lin Haoran, and Lin Haoran poured him a cup of tea as well.
“You've worked hard. You look like you've lost quite a bit of weight.” Lin Haoran said with a smile.
“What does that matter? Seeing the money coming into the company's accounts every month fills me with energy. Oh, right, let me tell you some good news. Based on the current exchange rate, the funds in our company account are about to exceed HK$100 million. There are already more than HK$97 million in the company's account. Once we collect another payment, we'll basically exceed that figure, and tomorrow, a distributor from Toronto will transfer the payment!” When talking about money, Lau Luen-hung's face was full of excitement.
HK$100 million! This might be an ordinary number, but even Lau Luen-hung, who had grown up in a wealthy family, could not contain his excitement.
Who could have imagined that a year and a half ago, when he had just founded Aimeigo Company, he could barely come up with tens of thousands of dollars, and even the few tens of thousands needed to start the business had been borrowed from friends.
In just a year and a half, the Aimeigo Company he founded had already earned profits as high as HK$100 million
Aimeigo had been expanding continuously during this period, and had not even distributed any of its profits as dividends.
Lin Haoran naturally knew about the funds in Aimeigao Company's account as well. He came over here every so often.
Lin Haoran took a sip of tea, frowned, and said: “Take out some of the funds and distribute them. Leaving them in the company's account is also a waste.”
Half of the funds in Aimeigao Company's account had been earned in May and June, which showed just how crazy the summer fan market was.
And in the coming July, August, September, and even October, unless something unexpected happened, the order volume would remain extremely high.
They were going to take advantage of the summer and autumn seasons to make a huge profit.
Once winter arrived, orders would decrease sharply again, and only after April of the following year would the order volume explode again.
And after 1981, Lin Haoran knew that the fan market in North America would begin to become saturated. At that time, as far as Lin Haoran was concerned, this industry would already be starting to decline, and Aimeigo would no longer be important.
“Okay, it's indeed time to distribute the money. But Haoran, I have a suggestion. Why don't we first buy a piece of industrial land in Kwun Tong and use it to build our own industrial park? Take out HK$10 million, which should be enough to buy a fairly large plot of land. Then we can completely build an industrial park as large as the one we're currently in.” Lau Luen-hung said.
At this moment, he was full of anticipation for the future. Aimeigao Company had long since surpassed the family business founded by his father, and its profits were much greater as well.
If Aimeigao Company continued developing, he believed that sooner or later, Aimeigao Company would become one of the top manufacturing companies in all of Hong Kong.
“Okay, I agree to this. Also, Ah Hung, let me give you a reminder. Now that you suddenly have such a large sum of money, you probably don't even know what to do with it. Let me give you a suggestion. You can use it to buy houses and land. Take advantage of the fact that property prices are rising quickly now. You won't lose money.” Lin Haoran said with a smile.
This time, each of them could receive tens of millions of Hong Kong dollars. If they simply left this money in the bank, it would indeed be too much of a loss.
It was only July 1979 now, and Hong Kong's real estate market was still in its phase of rapid and wild growth. Even if property prices plunged two years later, they would not fall back to today's prices.
So, this reminder could also be considered a thank-you to Lau Luen-hung for helping him earn so much money.
“Haoran, if you hadn't brought this up, I really hadn't considered how to spend this money. I was actually planning to just put it in the bank. Okay, I'll listen to you, buy houses and land.” Lau Luen-hung laughed heartily.
Now, he had devoted his entire mind and body to Aimeigao Company and simply had no time to concern himself with anything else.
(End of chapter)
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