The big man has a living father

Chapter 111 Shareholders Meeting
There is still a place to receive guests at Tongguan Coal Mine.

A new building was built at the southernmost coal mine in Tongguan, which served as the first stop facing Chang'an.

This building was only built in the past two months, and today was the official opening ceremony with the ribbon-cutting ceremony.

It also serves as a reception area for guests and VIPs, and also as the headquarters of the group.

After entering the building, Liu Che was a little dazed.

Hanque is also multi-story and very high, generally two and a half stories high to be precise.

But walking up the stairs of this new building gives a different feeling.

When you step on it, your feet feel motionless, just like you are stepping on the ground, which is completely different from walking on wooden stairs.

“Is this the kind of building we’re going to develop in the future?”

Huo Hai shook his head: "This kind of multi-story building needs cement pouring and steel as the frame, which is too expensive. It is better for the houses we develop to be mainly brick houses, and we can only build one floor at most."

Although it is actually possible to use prefabricated panels to build the second floor, prefabricated panels have too many defects and are very easy to fail. If the construction of prefabricated buildings was allowed from the beginning, building collapses would not be news in the next few decades.

You have to know that the communication and detection capabilities in this era are far less than in the past, and it is impossible to release such a thing.

Liu Che nodded: "Everything is good, but it's not bright enough."

Huo Hai: "There is nothing we can do about it. It's too cold, so we have to seal the windows. With windows, light won't come in. Once the institute develops the flat glass technology, it will be brighter."

Soon, the group arrived at the small conference room on the second floor.

In fact, not many people participated in the shareholders' meeting, including Liu Che, Huo Hai, Sima Xiangru, Lei Lin, Mei Hefu, Zhao Po Nu, and Yang Liancheng.

Among them, Yang Liancheng was not an original shareholder, but participated as a representative of a subordinate institution.

Among them, Zhao Po Nu and his group have fewer shares, but they have more people, and Zhao Po Nu is the representative.

Mehefu is currently the manager of Tongguan Coal Mine and the actual boss.

Lei Lin is Sima Xiangru's father-in-law. Their shares are almost the same as Zhao Po Nu and his friends. Normally, Lei Lin doesn't come here, but today there is a shareholders' meeting and Liu Che is present, so Lei Lin has to come even if his leg is broken.

On the construction site of Chang'an Avenue, many minor nobles were stunned and envious when they heard that Lei Lin was coming to hold a meeting and that Liu Che would be among the participants.

All the small shareholders are in the big conference room.

Currently, the coal mine has only a group of small shareholders, namely the soldiers who invested in it at the beginning of its construction.

No one has sold any equity yet.

Although many people in Chang'an City were asking Lei Lin about this matter, Lei Lin was waiting.

If his daughter could conceive a son, Lei Lin would not sell his shares and would make sure his grandson held these shares. This was the key to the Lei family's transformation into a large family.

If you can't get pregnant, that's another story.

Sima Xiangru had actually been seriously ill some time ago, but he recovered quickly under Yi Shuo's treatment.

Because of the special geographical location of Taixue and the special identity of Sima Xiangru, Yi Shuo simply used the method of preventing and controlling plague to prevent fever and verify the theory of infection.

Sima Xiangru has been in much better health recently and has not aged rapidly because of his illness as Huo Hai imagined.

Huo Hai was worried that Sima Xiangru might die.

Sima Xiangru was now in high spirits: "Little bastard, come and compete in poetry!"

Huo Hai: "You are so immersed in the play that you can't get out of it? That's a play in front of intellectuals. Why would you perform it in a mine?"

Sima Xiangru was stunned for a moment and smiled awkwardly: "I have been rehearsing this in my mind recently. I am addicted to it."

Liu Che took the first seat: "Everyone, take a seat."

Liu Che looked at Huo Hai and said, "How should we proceed with this shareholders' meeting and this board meeting?"

Huo Hai: "Theoretically, Your Majesty is the major shareholder. You should make a year-end summary at this board meeting, and then we can each talk about the year-end summary of the work in our hands. We will first come to a conclusion, then make a plan for next year, and then report to the shareholders' meeting."

Liu Che: "Huh? It's Tian Gang who's here. Should I report to them?"

Huo Hai: "Your Majesty, think about it. They have invested real money in our project. The major shareholders have taken the biggest profits. The board of directors has great power. It is possible that we have stolen the profits without them knowing. So we must use the report to convince them to trust us."

"Of course, there will be no problem with our company. I mean, if others follow our example and start their own companies, they will definitely encounter problems in this regard."

Liu Che nodded: "For the sake of money."

Huo Hai: "In fact, the real board of directors meeting should be reported by the company's top management to all major shareholders, but in the early stages of our business, everyone has multiple roles, including investors and managers, so let's do it this way for now."

Liu Che nodded and cleared his throat: "Ahem~ Everyone, our Tongguan Coal Mine and the first year of Royal Mining are coming to an end. Although it has only been three months, the results are gratifying!"

"Although I haven't studied it in detail and haven't read the report, I can see that the entire Chang'an and even the surrounding areas have used our coal mines!"

“Everyone’s work was very successful!”

As he spoke, Liu Che looked at Huo Hai.

Huo Hai: "Compared to your Majesty who is so busy that he can't always take care of the coal mine, I still often know what's going on in the mine."

"First of all, we have to recognize the work of Director Sima Xiangru. At present, the miners from Xiongnu and Heluo in the coal mine can live in harmony and help each other. Director Sima Xiangru has done a lot of work in this regard. Let's applaud Director Sima!" After the applause stopped, Huo Hai continued: "And Director Zhao Po Nu, who serves as the human resources officer and also takes care of the logistics deployment work. Now the coal mine is thriving, and everyone can see it. Applause!"

"As the general manager we nominated, Mehev has done a very good job in business, internal management of the coal mine, capital allocation, profit maintenance and R&D support."

"Because Mehefu is the world's first professional manager, there is no other example to learn from. I think this is very worthy of praise. First, I suggest increasing the bonus, and second, I suggest that the group publish a book for Mehefu."

Publish a book?

After hearing this, Mehefu's eyes welled up with tears.

Who could publish a book in this era? Not many people in the court had published books, one was Kong Anguo, one was Dong Zhongshu, and there were a few other scholars.

A few months ago, Mehef was still selling beans in the market, and a few months later, he was about to write a book. How could he not be excited?

Huo Hai saw that Meihefu was very excited and said, "Why don't you give us a report?"

Recently, Mehef has also been studying the "Six Lessons for Children Combined Edition" and he has also learned the standard report writing methods summarized by the top 100 principals.

After standing up, Mehefu saluted everywhere: "Thank you, Your Majesty, thank you, Chairman! Thank you, Sima Gong and Director Zhao, for recommending me. Thank you to all members of the board of directors for giving me this opportunity to become the general manager of our Tongguan Coal Mine!"

"I will report to the board of directors on this year's revenue, expenditure and budget overruns."

"At present, the coal market is in short supply. At the beginning, our coal production capacity was sufficient, but the transportation capacity was far from enough. So a lot of anthracite that has been harmlessly treated is piled up."

"With the strengthening of transportation and the increase of Chang'an transport workers, our coal mines are sold well throughout the Guanzhong region."

"Currently! Our total shipment volume is 2.8 million tons. Currently, the total profit from sales has reached 2.8 billion coins."

Although the Hanjin is still used outside, under Huohai Industry, the units have long been unified to kilograms and metric tons.

When this number came out, Liu Che's heart twitched.

The entire Han Dynasty, including Salt and Iron, planned to collect 6 billion coins a year, but in reality it could only collect about 3.2 billion coins.

In other words, the total profit of Tongguan Coal Mine in one quarter was almost equal to the national revenue of the Salt and Iron Policy!

Everyone was shocked by this number. Huo Hai said: "It's not that exaggerated. Let Mehefu continue to report."

Mehef continued: "In fact, this production capacity far exceeds our plan, and even this overflow of production has affected our plans for the next few years."

No one present understood what this meant.

Mehef: "We originally only had 14,000 miners, and after deducting the ore washing and transportation, there were less than 8,000 people actually mining."

"But because our coal mine took in a large number of refugees, the number of workers in our coal mine swelled to 50,000."

"That's led to a huge increase in our coal mining."

“Take a look at this map.”

Mehev pulled out a map and said, "We have been studying the structure of coal mines. It seems that most of the coal mines are underground, and we have almost only mined the open-pit coal mines on the ground!"

"According to our plan, the open-pit coal mine in the area that has been mined can allow us to mine for more than three years."

"But because of the sudden increase in the number of workers, we will have to consider digging coal mines in the mountains and underground by the end of next year. Therefore, next year we must invest in large-scale experiments and verification to develop new coal mining technology and mine stabilization technology."

“Also, once you start mining underground, it becomes less efficient.”

When everyone heard this, they realized what was going on.

Indeed, at the beginning, Huo Hai planned that the annual income from coal mines would catch up with that from salt and iron. However, he did not expect that the income from coal mines in just three months would exceed that from salt and iron.

And the huge amount of coal mining expenses also caused one thing.

Originally, Huo Hai wanted to develop coal mines to make money.

Now I don’t know that I have become the largest buyer of coal mine.

Mehefu immediately talked about this matter: "Originally, the largest buyers of our coal mine were the people of Chang'an, but due to the increase in coal production, we actually cannot sell out all the goods."

"If the steel mills, cement plants, and brick factories hadn't increased their production and increased the amount of coal they bought, we probably wouldn't be able to support so many workers. If we had to support them, we probably wouldn't have made any profit at all."

Liu Che: "Then how do you settle this account?"

Liu Che felt something was wrong. Since most of the coal was used by Huo Hai, wouldn’t the output of the steel plant, cement plant and brick factory be extremely high?
Huo Hai said sternly: "Of course we settled the accounts openly and bought it at the market price. Public is public and private is private. I did not participate in the transaction at all. They were negotiating on a public-to-public basis."

Liu Che: "Tell me about the expenses and profits."

Mehefu: "Because there are more workers, the expenses are high, but because the migrant workers who have changed jobs have not yet been paid, the profits have actually increased."

Mehefu posted a piece of paper and said, "According to the calculation and the dividend distribution method proposed by the chairman, we should pay out 900 million yuan in dividends."

"Except for dividends, the coal mine still has 1.7 billion yuan. Of this 1.7 billion yuan, 500 million has been spent so far, mainly on upgrading each coal mine, building workers' dormitories, building roads from the coal mine to the highway, and testing light rail vehicles, new single-person bucket cars, pickaxes and other equipment in each mine."

"There are still 1.2 billion left, and it needs to be spent."

"I made two plans, one with a large proportion of expansion and the other with a large proportion of scientific research."

There are currently two options: either increase the proportion of new technology development, or expand new mining areas and increase the number of workers!
(End of this chapter)