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Chapter 1011 There is still room for improvement

Before work in the afternoon, Yuwen Xing called Long Jianhua to ask if he was still going to the research institute. He responded that "yes"; Yuwen Xing was anxious and said that he didn't care about the group now, so it was wrong to do this.

Long Jianhua knew that he wanted to chat, so he asked him to go to the research institute office and chat for half an hour.

He has a very tight time and really has no extra time to chat.

With twenty minutes left before working hours, Long Jianhua's car drove into the research institute's office building and saw Yuwen Xing getting out of his car.

Long Jianhua got out of the car and asked, "Why don't you go up? Someone opened the door."

Yuwen Xing shook his head, "It will take a few minutes to go upstairs from here. Now you basically don't go to the office, and it's too difficult to meet you at work."

He has to make use of the time he goes upstairs, so he is also hard-working.

He was not going to talk about anything else, it was all about work.

Scania's acquisition was completed yesterday, including the Swedish government and the EU, and all of them were processed. A total of 11.6 billion euros were spent, accounting for 91.85% of the shares, and its research institution was sold to the Chongshi Institute.

He was a little confused, "Longsheng, I asked about the finance department. The current financial situation is relatively tight. I am under a lot of pressure on my hand and have been acquiring it. I wonder if I can sell a part of Scania's shares and only hold the shares?"

According to Swedish law, as long as you hold more than 90% of the shares, other shareholders can be asked to withdraw and become sole proprietorship; and this is also what Long Jianhua pursues.

Long Jianhua shook his head, "There is no need at all. The gold price has been hovering at the bottom for nearly two years, and it is time to rise. As long as it is above US$300, we will no longer stock. If the upward trend appears, we can completely re-engage the old gold futures industry."

"Also, tight funds are not lacking. In this case, it is the best time to urge them to use funds more efficiently; it is also the best opportunity to improve corporate management."

"We used to have money and a lot of money, so we didn't have much requirements for the efficiency of capital utilization. It was equivalent to driving a flat car all the time, leaving them without any pressure; in the long run, it would be very unfavorable to the group's financial management."

He thought something.

It seems to make sense.

Except for the first half of 1979 and 1980, the group has always had a large amount of funds, so it has not paid much attention to financial management. To put it bluntly, the group's finance task for a long time was to collect money and pay, and there were few requirements for the efficiency of the use of funds.

Long Jianhua continued, "In fact, in corporate management, financial management is also one of the batons. With the same sales volume and sales volume, better financial management will be higher than the profits that are worse."

"The time and length of fund lending, the recycling and rebate of payments... In short, we must focus on indicators such as liquidity and growth."

Yuwen Xing nodded, "I have been paying attention to the quick ratio, cash flow debt ratio, capital liability ratio, interest guarantee multiple, inventory turnover rate, main business gross profit margin and profit margin, and return on net assets. I have to say that Li Huanxin is indeed much worse than Qiu Yirong in this regard. He is just a driver of Taiping Cars."

"After Qiu Yirong was in charge of finance, many indicators have improved a lot compared to last year. If the finances are not strong, other departments will take advantage of the situation. If the accounts that can be collected or not are collected, the sales department will not collect, so that customers can spend more time; if the payment can be paid or not, the procurement department will pay immediately, which is also to establish a good relationship with the supplier."

When Long Jianhua heard that he was paying attention to some financial indicators, he was about to praise him, but he didn't expect that he would immediately say the following passage and could only swallow the praise.

The phenomena he mentioned later will exist regardless of financial management. When the water is clear, there will be no fish, as long as there is no serious gray space.

He smiled and said, "It seems that you only focus on the present and not on the future. As a reunion, we should not only focus on the present, but also on development."

"It's very important in front of you, and the ability to generate is also very important, so you should also pay attention to the sales growth rate, capital accumulation rate, total asset growth rate, fixed asset growth rate, three-year average profit growth rate, and three-year average capital growth rate."

Yuwen Xing looked at him blankly for a while, then smiled bitterly, "As you said, my rotation in the past few years has been useless, and my ability has not improved much?"

He pushed open the office door and shook his head with a smile, "There is still some growth, otherwise the group's development would not have been so fast, and there would be no major mistakes."

"However, you need to look at it longer. The rotation CEO is in charge of direction, and you should pay more attention to common problems, direction issues, and your focus is on development."

"You know more about the grassroots level now than before, but you are trapped in some specific things. You only need to remind you of these things and do not need to solve them personally. What you need to do is to discover their commonalities, or whether those problems will develop into commonalities, and thus affect long-term development."

He let Yuwen Xing sit on the sofa, "There are not many such situations, but they still exist. Overall, you have made great progress, you have learned more about the grassroots level, are more down-to-earth, and your pattern has also improved a lot; however, there is still a lot of room for improvement."

This is a joke, only people who are familiar with it will say so.

Yuwen Xing laughed and said, "How can I not make progress without making progress with Longsheng? So I want to talk to you and find my own gap."

This guy took it a little seriously.

However, there are still flatteries.

Then, he said, "It is still very good to acquire Scania, which has completed our automobile product line and firmly stood at the top level in the world. I have to say that the old guy Akoka has a unique vision."

Long Jianhua smiled in his heart, that was inevitable. Of course, it was amazing that someone could save the dying Collesle.

The reason why Chongshi Group successfully acquired it was because of his "prediction" by Long Jianhua. He acquired it in the darkness before dawn, which made Akoka, the mate, not have a bigger name.

It is precisely because of the acquisition of Chongshi Group that he preserved his later years, otherwise he would diversify on a large scale after a large profit, resulting in the return of Clares Le to before liberation.

Now, his responsibilities are confined to the automotive field. He can't diversify, and he can only do it in the prescribed circle. And such tossing is exactly what Long Jianhua hopes, and the results he has made are very satisfied.

Before acquiring Scania, the world's largest car production, pickup truck production, and truck production; purchasing Scania means that buses and buses will also enter the top three in the same field, and trucks will occupy the world's first.

He sighed softly, "Lao Ai was born in 1924, so he has to consider his retirement."
Chapter completed!
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