My Dad Is The Richest Man In The City

If a company really wants to say that it has no negative assets or debts, it can only be said that this company has not developed the company to the greatest extent!

Whether it is a giant company like Apple, Google, or Amazon, the company has assets and liabilities. Whether it is issuing corporate bonds or borrowing from banks to develop the company, it is what a company must go through.

Only Lin Yu is so wealthy, and Litton Bank is such a cash machine. Lin Yu is vigilant and rarely lends money, just to avoid others taking away the shares from him.

Therefore, the umbrella company and its subsidiaries rarely have debts, basically none, and now they are all making profits;

After the company makes a profit, it will continue to invest and expand the company's estimates. Some companies can completely use it to make money.

Just like Umbrella Technology, Lin Yu previously increased capital and shares, bringing in tens of billions of dollars. This year, the company's profits will be used as dividends, which is no problem.

The matter of building a self-owned logistics company has been put on the agenda. Lin Yu asked the Red Queen to pay attention to the companies that can be acquired at home and abroad, and directly acquire several logistics and express delivery companies to form a multinational logistics and express delivery company.

After finishing, Lin Yu flew to Umbrella Technology.

Now, it is getting closer and closer to the launch of Star Mobile Phone~.

The day before Star Mobile was launched, Lin Yu arrived at Zhongguancun Umbrella Technology Company in Jinmen.

"Director Lin!"

When he walked into the company, many people from the company greeted him enthusiastically, and the whole company seemed very busy.

After all, the Xingkong mobile phone will be launched tomorrow. In order to prevent everyone from staying up late, Umbrella Technology has set the sales time of the mobile phone to 6:30 in the morning, which is very user-friendly.

At this time, it is morning in China, and most of the time, people still go to work; abroad, it is the official time to get off work on the day, which can be regarded as a conscience!

"Master Lin, you are here!!"

Umbrella Technology, Liu Xinhong's office. At this moment, Liu Xinhong was staring at the pre-sale numbers on the computer screen, with a look of joy. Although he didn't show it, it was written on his face.

It wasn't until Lin Yu walked in under the leadership of his secretary that he stood up to greet her.

Lin Yu waved his hand and sat down on the sofa in the office: "It's okay. I'm just here to see the company's situation. Is there no problem?"

The secretary brought Lin Yu a cup of coffee and then left.

Liu Xinhong sat down opposite Lin Yu and said: "Everything in the company and the factory is operating normally. Currently, the number of global reservations for Star mobile phones has exceeded 10 million. The factory is stepping up production. Currently, our mobile phone inventory is 27 million, of which 10 million of them have been sent abroad, and the remaining 17 million are being laid out domestically.

As the helmsman of Umbrella Technology, Liu Xinhongqing knows how much mobile phone screens and batteries are shipped, and how much revenue and profit there is.

It can be said that the 27 million Starry Sky 1.0 or Starry Sky 1.5 units currently in stock use 27 million mobile phone screens and batteries.

These have already brought profits to Umbrella Technology!

Even if the mobile phone screen and mobile phone battery are calculated at the ex-factory price, the total cost is about 1,800, and the lowest Star Sky 1.0 price is 5,288.

Even if they are provided to others to bring you on the platform, the current profits of the three major operators are around 3,000!

If these 27 million mobile phones are sold alone, a profit of 1.08 billion can be obtained from the mobile phone batteries alone:

Mobile phone screen profit of 14.85 billion;

The profits of mobile phones are as high as 81 billion, and the profits of the three companies are nearly 100 billion!

This is all just calculated for Starry Sky 1.0. You must know that Starry Sky 1.0 also has high configurations, and even Starry Sky 1.5. In addition, the price abroad is also much higher, and the profit is even more considerable.

Secondly, before the launch of Star Mobile, Umbrella Technology had already signed hundreds of millions of orders for mobile phone screens and batteries, with profits of up to 60 billion!

This is profit!

Not revenue!

In addition to the profits Umbrella Technology has made from its own mobile phones, the orders signed by Umbrella Technology this year have already generated profits of nearly 150 billion soft sister coins, which is equivalent to 22.1 billion U.S. dollars when converted into U.S. dollars.

So far, Star Mobile Phone is still in production and will definitely ship more than 27 million units this year. The biggest profit comes from selling the complete phone.

From here, we can see how huge Apple’s profits are!

The cost of Apple is just over 1,500, and the lowest price is as high as 5,388.

However, the company's internal profits are definitely not calculated in this way. Only Lin Yu knows this profit. The profit on the book is probably 100 billion soft sister coins, which is equivalent to 14.73 billion US dollars.

In this way, 7.3 billion US dollars will directly enter the hands of Lin Yu;

Of the 14.73 billion U.S. dollars on the books, if the umbrella company holds 64% of the shares, it can be divided into 9.42 billion U.S. dollars, which adds up to 16.72 billion U.S. dollars.

Among them, 7.3 billion US dollars was swallowed up, which is basically undetectable. All of it is calculated in the cost of mobile phone batteries and mobile phone screens.

The production of batteries and mobile phone screens is all integrated and automatic production. Only Lin Yu knows how much raw materials are consumed to produce mobile phone screens and mobile phone batteries.

0......Please give me flowers......

But even so, the profits made by Umbrella Technology are terrifying.

"In other aspects, how is the company preparing? Can it be launched in the second half of this year?"

Lin Yu is more concerned about preparations for tablets, computers, wearable devices, and VR/AR.

Now it seems that the profit is higher if you sell the whole machine directly!

The future will definitely be dominated by wearable devices and AR/VR technology, and traditional mobile phones will also be replaced by holographic projections.

"We are currently stepping up our efforts to acquire relevant companies and reserve relevant technologies and patents. There is no problem in releasing tablets and computers in the second half of the year. Wearable devices can be produced, but it will take time to combine them with holographic projection!"

...0

"We also encountered obstacles in the acquisition of companies. Many companies did not agree to our acquisition or holding of shares at all, and there were also companies involved in competing with us!"

Liu Xinhong told the truth about this period of time.

Nowadays, the emergence of holographic projection marks the advent of the era of wearable devices, and many companies are waiting for price;

Some companies accept venture capital and want to take advantage of the opportunity to develop!

There are also many big players involved in bidding with Umbrella Technology.

"Just take care of this yourself. I want to see these products in the second half of the year... I leave the company to you. I hope you won't disappoint me!"

Lin Yu did not intervene in these matters, but left them all to Liu Xinhong to handle.

As the company's executive president, person in charge, and CEO, he can't handle this kind of thing well, so why should he be used?

If a company cannot be acquired, then destroy it; if someone participates in the bidding, buy it if necessary; if not necessary, change the acquisition; there is always a way to solve it.

What's more, the shareholders of Baohuan Technology are themselves a kind of resource. Liu Xinhong can't handle this matter well, so there is no need to serve as CEO, and he can consider replacing him.

"Yes, I will take care of it!"

Liu Xinhong also wiped the sweat from his forehead. When he reported this matter, he really wanted to see Lin Yu's opinion. He could only say that he relied too much on Lin Yu before.

Only now did he remember that the entire protective umbrella was sealed, with the capable ones at the top and the mediocre at the bottom.

There are countless people eyeing his position, so there is no need to worry about finding someone to replace him!

He must be attentive and serious!

Lin Yu also gave conditions, and the product will be discontinued in the second half of the year...