74: Chapter 74 Monthly Meeting
At nine o'clock the next morning, in the top-floor grand conference room at Junlin Capital's headquarters.
Huge floor-to-ceiling windows let the morning light of Ze City stream into the room, and the aroma of freshly ground coffee filled the air. Seated on both sides of the long conference table were the core backbones of Lin Yu's business empire.
Lin Yu sat in the host seat, wearing a dark gray custom-tailored suit, his aura reserved and deep. To his left was President Wang Ya, and to his right was assistant Tang Man. Behind Tang Man, Su Manqin and Mu Wan attended as representatives of the hotel group. Both wore professional attire of similar color schemes—one elegant and noble, the other pure and innocent—becoming a beautiful sight in the conference room.
"Let's begin," Lin Yu said, lightly tapping his fingers on the table.
Investment Director Shen Ruoyao was the first to stand up. Pushing up her gold-rimmed glasses, she projected a thick document onto the large screen.
"Boss, the investment department mainly completed two key projects last month," Investment Director Shen Ruoyao said, pointing to the data on the screen. "First, we fully acquired the original 'Pengcheng Driving School' and officially renamed it 'Junlin Pengcheng Driving School'. After a month of operational integration, student enrollment has surged, with single-month net profits reaching 3.5 million."
A soft murmur of amazement rippled through the room. A cash-cow business like a driving school was indeed incredibly profitable.
"According to our assessment, there are eight other small and medium-sized driving schools in other districts and counties of Ze City that are poorly managed," Investment Director Shen Ruoyao continued. "We plan to launch 'Operation Monopoly' to acquire and merge all eight driving schools within three months, creating the only super driving school brand in Ze City."
Lin Yu nodded slightly. "Approved. Ruoyao, move quickly, before the prices get hyped up."
"Yes," Investment Director Shen Ruoyao sat down and added, "Additionally, the asset valuation report for 'Tieshan Group' is out. Among their main businesses, although the real estate sector has two decent plots of land, its debt ratio is extremely high. The building materials sector has the best cash flow, making it a high-quality target for acquisition. As for the entertainment venue 'Dihao Nightclub', though its location is excellent, it has too strong of an organized crime background, so we suggest spinning it off and repackaging it."
"Very good, the assessment is highly objective." Lin Yu noted down these key points.
Next, Financial Director Xia Wanxing stood up.
"Boss, the finance department has summarized the group's general ledger from last month," Financial Director Xia Wanxing pulled up the report. "Although the group's current cash flow is abundant, faced with the upcoming 'driving school merger plan' and the 'Tieshan asset acquisition', the funding gap remains large. In particular, the approval process for merger loans from banks is slow; distant water cannot quench immediate thirst."
She paused, looking at Lin Yu. "If we want to take down Tieshan's building materials sector, we need to immediately inject at least 500 million in working capital as a deposit."
"500 million?" Beside him, Young Master Zhao Tianyu, representing the Young Masters Group, gasped. "That is no small amount."
Lin Yu's expression remained unchanged. He pulled out his phone and tapped away rapidly. A few seconds later, Financial Director Xia Wanxing's phone buzzed with a text message notification.
"The funds have arrived." Financial Director Xia Wanxing glanced at her phone. Although she had anticipated it, seeing that string of zeros still made her heart race. "Boss, the funds are in place."
The entire room fell dead silent. This was absolute strength! No need to beg or wait for bank loans; he just directly injected personal funds. This sense of security made all the executives' blood boil with excitement.
"Hotel Group," Lin Yu looked at Su Manqin.
Su Manqin stood up gracefully, a confident smile on her lips. "Boss, Yunding Hotel began its soft opening three days ago after a comprehensive upgrade. Over these three days, we have hosted 300 specially invited VIP guests, including several city leaders and business celebrities."
"How is the data?" Lin Yu asked.
"The revenue from these three days has exceeded the total of the past month," Su Manqin held up three fingers. "In particular, the 'Yunduan Pavilion' on the top floor has been fully booked until next month. Furthermore, through word-of-mouth over these three days, we have already received 500 applications for long-term membership cards. The customer service department managed by Mu Wan achieved a 100% satisfaction rate."
Mu Wan nodded obediently from the side. "Boss, many guests have been asking when the official opening will be. They want to bring their friends to experience it."
"The official opening is set for next Monday," Lin Yu decided. "We'll make a huge splash in Ze City then."
Next, Zhou Li and Liu Yifei from the matchmaking company stood up.
"Boss, the matchmaking company opened nine new branches in various districts and counties of Ze City last month," Zhou Li reported. "Currently, all ten branches (including the main store) are profitable, successfully matching 300 couples in a single month, with a revenue of 2 million. We are now the largest matchmaking agency in Ze City, and many parents trust our brand."
"Not bad. This business needs to be developed steadily," Lin Yu smiled.
Director Wu, general manager of the security company, stood up abruptly, his voice as loud as a bell: "Reporting to the boss! The security company's performance exploded last month!"
"Oh? Tell me more," Lin Yu looked at him with interest.
"Now, all the branch offices, supermarkets, hotels, and driving schools under Junlin Capital have switched to our security guards!" Director Wu said proudly. "In addition, Young Master Zhao and Young Master Liu from the Young Masters Group have introduced many large corporate clients to us. Our orders are now booked through next year, and we are severely short-handed!"
Young Master Zhao Tianyu chimed in with a laugh from the side, "Young Master Lin, Director Wu's brothers are just too capable. I don't even dare to take on new orders right now, for fear that we won't have anyone to dispatch."
"Then recruit!" Lin Yu waved his hand. "Director Wu, recruit with a free hand! Give priority to veterans and offer higher wages! I want to make 'Tianyu Security' the gold standard of the security industry in Ze City!"
"Yes! I guarantee the mission will be accomplished!" Director Wu's face flushed with excitement.
Chu Zhenghong from the supermarket chain reported next: "Boss, all 130 of our supermarket chain stores opened last month. This month, our total turnover exceeded 80 million! Especially the fresh produce section—because we have our own supply channels, the prices are cheap and the produce is fresh, which has completely run the surrounding small grocery stores out of business."
"80 million..." Lin Yu said thoughtfully, "President Chu, next you should coordinate with Xia Xiaotang, the CEO of Min Shi Wei Tian. We can set up special counters in the supermarkets to sell our deli meats and cold dishes."
"Sure thing! I'll discuss it with General Manager Xia right after the meeting!" Chu Zhenghong agreed cheerfully.
Xia Xiaotang, wearing a white chef-style professional outfit, looked capable and cute. She stood up, her face beaming with a confident smile.
"Boss, directors!" Xia Xiaotang's crisp voice broke the solemn atmosphere from earlier. "The trial run of the main store of Min Shi Wei Tian for the past two days has yielded incredibly amazing results!"
She pointed to the data on the screen: "Over these two days, the table turnover rate at the main store reached eight times! The average daily customer flow exceeded 2,000 people! Especially our 'Signature Braised Pork' and 'Healthy Nourishing Soup'—they are ordered at almost every table. Many customers have to queue for more than an hour."
"What about the revenue?" Financial Director Xia Wanxing asked with interest.
"The revenue for the two days broke 500,000!" Xia Xiaotang said excitedly. "Moreover, customer satisfaction is as high as 98%! Everyone is helping us promote on their Moments, calling us 'the best-tasting budget restaurant in Ze City'."
"Very good!" Lin Yu nodded with satisfaction. "Reputation is money."
"In addition," Xia Xiaotang continued to report, "besides the main store, the nine branches we opened in other areas of Ze City, including the one downstairs from the company, have completed their renovation and staff training. Next week, all nine stores will begin their soft openings!"
"Opening nine stores simultaneously?" Vice President Liu Qingyan raised an eyebrow. "Xiaotang, do you have enough hands? Can the supply chain keep up?"
"Regarding manpower, our catering company only recruits female workers like waitresses and food runners. The security is handled by Brother Wu's security company, management staff is supported by Director Lu of our headquarters' HR department, and the kitchen is run by my dad's team," Xia Xiaotang looked at everyone and smiled gratefully. "As for the supply chain, President Chu from the supermarket chain supports us, guaranteeing ingredients and transport."
Chu Zhenghong smiled from the side, "We're all family, there's no need to make distinctions."
Lin Yu looked at Xia Xiaotang, his eyes filled with appreciation. "Xiaotang, you've done very well. When the nine stores open next week, headquarters will cooperate with you on publicity. Remember, quality must not drop, and service must not slip. We want to make 'Min Shi Wei Tian' the canteen for the people of Ze City."
"Don't worry, Brother Lin Yu! I will definitely keep a very close eye on the kitchen!" Xia Xiaotang patted her chest.
Lin Yu then looked at Chu Zhenghong and said, "Our matchmaking company and Min Shi Wei Tian catering have already expanded to the lower counties. Since the 130 stores in the city have stabilized, it's time to take things to the next level."
"Yes, boss, it's already on the agenda," Chu Zhenghong replied.
Director Chu Yao: "Boss, last month we visited an orphanage and two impoverished primary schools, donating supplies and charity funds totaling 3 million. The children were very happy, and the city TV station specially reported on Junlin Capital's charitable deeds, which has greatly helped elevate our corporate image."
Lin Yu nodded. "Charity must not stop. If there isn't enough money, draw from finance. We want the people of Ze City to know that by working with Junlin, they not only get to eat meat, but we also have a conscience."
As the reports concluded, the atmosphere in the conference room was enthusiastic.
Lin Yu looked around at everyone, his gaze finally landing on President Wang Ya.
"I have made a final decision regarding the asset disposal of Tieshan Group." Lin Yu's voice was not loud, but it instantly silenced the entire room.
He first looked at President Wang Ya, his tone firm: "The building materials sector—namely that concrete mixing plant and the two stone factories—will be fully acquired by Junlin Capital."
"Understood, Mr. Lin," President Wang Ya quickly took notes. "What about the real estate and entertainment sectors?"
Lin Yu turned his head, his gaze sweeping over Young Master Zhao Tianyu and Liu Mingxuan, a meaningful smile playing on his lips. "As for those plots of land under Zhang Tieshan's name, as well as the entertainment venues like Dihao Nightclub, Yunding Club, and the sauna center... Tianyu, Mingxuan, consider these the 'second wave of benefits' I'm giving to the Young Masters Group. You two take the lead, find a few trustworthy friends, and take over these businesses."
Young Master Zhao Tianyu and Liu Mingxuan exchanged glances, ecstasy filling their eyes. These were some of the most profitable venues in Ze City!
"Boss! You are too generous!" Young Master Zhao Tianyu stood up excitedly. "We will definitely run these venues so that they are booming!"
"Don't be so quick to thank me." The smile on Lin Yu's face suddenly vanished, his eyes turning as sharp as a blade, and his tone abruptly went cold. "These benefits don't come for free. Let me make things clear first—"
He stood up, his tall figure looming over Young Master Zhao Tianyu and Liu Mingxuan, his voice deep and heavy with pressure: "The 3,000-acre Food City project. This is the future lifeblood of the group. If anyone dares to play tricks during the construction of the project or in its operation after completion—taking kickbacks, passing off sub-standard goods as quality ones, cutting corners..."
Lin Yu paused for a second, then said word by word, "Don't blame me for turning hostile. When that time comes, let alone these entertainment venues, I will strip you down to your family's underpants! Do you understand?"
The temperature in the conference room seemed to drop to freezing point in an instant.
Cold sweat broke out on the backs of Young Master Zhao Tianyu and Liu Mingxuan. They knew Lin Yu was a man of his word.
"Understood! Young Master Lin! We guarantee with our lives that the Food City project will be absolutely clean!" the two promised in unison, their voices trembling slightly.
"Sit down." Lin Yu sat back in his chair, his expression softening a bit. "What I want is for brothers to make a fortune together, not to breed a bunch of parasites."
"Today's meeting went very well," Lin Yu stood up. "I've resolved the funding issue; next is the work.
First is an appointment: I officially appoint Mu Wan as the image ambassador for Junlin Capital and its subsidiaries."
The entire room was stunned, and even Mu Wan herself was a bit dazed, clearly having been kept in the dark. With a face full of smiles, she stood up somewhat shyly as applause erupted throughout the room: "I am very surprised and also very happy. Thank you, Boss, and thank you, everyone!"
"Second: Regarding the acquisition of the driving school and Tieshan Group's building materials, the headquarters' management must move quickly. We must beat everyone else to the punch."
"Third: As you have all seen, we are a single entity. All departments and companies must help each other."
"Fourth: Talent. As you all know, our company is developing rapidly, and our operations are growing larger and larger. In the near future, we will step out of Ze City and even expand nationwide. In particular, the gap in managerial talent will only grow larger. Therefore, I hope," Lin Yu looked around and continued, "all branch companies will put talent recruitment as their top priority."
"Fifth: Junlin Capital Investment Co., Ltd. is officially renamed to Junlin Capital (Group) Co., Ltd. Hurry up with the paperwork. Next Monday, we will hold a grand opening ceremony at the Junlin Yunding International Hotel!"
"Meeting adjourned!"
After saying that, Lin Yu walked out of the conference room.
Everyone began to discuss excitedly among themselves, ultimately filled with motivation. A larger operation also meant that their own rewards would be greater...
Lin Yu walked into his office, looking down at the bustling city below. Su Manqin and Mu Wan quietly walked up behind him, taking his arms on either side.
"Brother Lin Yu, you really look like a great general," Mu Wan said admiringly.
"No," Su Manqin leaned close to his ear, her breath like orchids, "he is the king who rules over the world."
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