Chapter 2674: Pig Farming

Feng Yiping asked the question they had guessed, "Everyone here, when was the last time you went to the front line to check and solve problems?"

"At the beginning of the month? Last month? At the beginning of the year?"

Many people are really a little ashamed. Let alone taking time to go to the front line, they feel that they are too busy with big things every day.

"The elites among the elites on Wall Street are in their current situation just because they are too far away from the grassroots. So what will be the result if a team of our level is too far away from the grassroots?"

"There may be many people who don't quite understand the level of those on Wall Street, so I can give you an example that is closely related to us,"

He looked at the people present and said, "In my impression, at least in the past, none of you here were vegetarians."

No vegetarians? Are you complimenting us?

"Then everyone should know about pork. No, maybe not much," Feng Yiping walked to the front desk. "I am doing an on-site survey now. If you know the current price of a pound of pork, please raise your hand."

Many people looked at each other, what kind of meeting are we having? Why did you suddenly start investigating the price of pork?

On the stage, Lao Ma looked at Jin Ling, how much? Jin Ling raised an eyebrow, luckily I know.

In the audience, Zheng Jiayi looked at Fang Yingzhi, as if asking, do you know? Fang Yingzhi wrote a number in her hand.

Zheng Jiayi nodded and said "oh" silently. She didn't know whether the price was high or low.

But then he and Fang Yingzhi raised their hands.

Feng Yiping waited for a while, and nearly two-thirds of the people raised their hands.

"I won't do random checks to confirm," he shook his head, "the results are so unsatisfactory to begin with,"

"I said, comrades, I know that nowadays people rarely go to the vegetable market to buy vegetables in person, but even so, if you don't even know the approximate price of pork, isn't it too unrealistic?"

"You must know that the impact of pork prices on CPI (Consumer Price Index) can reach 10%,"

He sighed and returned to his seat, "Let me tell you simply that since the middle of last year, the price of pork has increased sharply, so much so that many people have lamented that they can no longer afford meat."

"But since no one sells vegetables, we will ignore the terminal price and talk directly about the profits of pig farms,"

"In 2006, the price of live pigs was more than 12.8 to 13 yuan. Generally speaking, the cost of a commercial pig is about 1,200 yuan, so the profit is only 100 to 150 yuan,"

"Since May last year, the price of live pigs has begun to rise to 17 yuan, while the cost has hardly increased. The profit of such a commercial pig is at least 500 yuan,"

Someone below even shouted, “The state still provides subsidies for raising pigs,”

"Yes, the state also subsidizes pig raising, so comrades, if you had a pig farm that could produce 20,000 pigs last year, then congratulations, you became a multi-millionaire in one year,"

Raise pigs, become a multi-millionaire in one year?

Many people are confused.

"Someone must be asking, what does this have to do with Wall Street?"

"What does it have to do with Wall Street? Do you know that Goldman Sachs, a well-known investment bank on Wall Street, which department was their most profitable last year?"

A few uncertain murmurs, adept at contextualizing, said, "Pig farming?"

When they said this, they actually found it strange and unbelievable.

But Feng Yiping gave a thumbs up, "By the way, it's pig farming!"

"In 2004, Goldman Sachs was the underwriter of Yurun Group's IPO and held more than 13% of Yurun's shares. Therefore, Yurun Group, the largest meat processing company in China, appointed a non-executive director,"

“In 2006, they joined forces with other companies to acquire Shuanghui, another domestic meat processing company, as a whole.”

"After that, they quickly expanded upstream and spent billions to acquire a number of pig farms in the country... so they achieved the results of last year,"

"Are we convinced by their investment vision?"

"Anyway, I'm convinced. This is an opportunity around us, but no one realizes it. Instead, those guys on the other side of the ocean who eat mostly beef discovered it and seized it."

Jin Ling said that he knew the price of pork, and everyone wanted to check the information online. How could they be so accurate?

"I think some people may say, what's the point? Since the price of pork can rise, it will naturally fall. This is the truth. However, didn't Goldman Sachs think of this? Think about it, what did they acquire first? It was the industrial chain Downstream pork processing companies,”

"Raise pigs by yourself, process and sell them by yourself. If you combine this, it will only be a question of making more or less, and there will never be a loss."

"So, do you still think that the elites on Wall Street are just bluffing with their resumes?"

In the face of such an instance, who would dare to say this?

Somewhat admired.

Lao Ma couldn't help but think of something. Feng Yiping didn't raise pigs, but he heard that he had invested in the Hollywood actress, Nicole Kidman's family's largest ranch in the world in Australia.

So, if others raise pigs but you raise cows, isn’t your level higher?

"Of course, I would like to say that there are some issues with the direction of their concerns. If they could care more about the composition of the bonds they handle, rather than the pork on our tables here in the Pacific, then this may not be the current situation. "

"So, everything goes back to what it was and what we have always asked for. I hope that all of us can spend less time thinking about whether winter will come. I will be the one to consider those issues."

"I hope everyone can focus on their own work,"

"For everyone here, focusing on your own work is not just about those reports. At least, we should set aside some time every month to go out of our offices and go to the front lines to see and listen. ,to understand,"

"If everyone can do this, then it is not impossible to do their job well and at the same time discover a project that is closely related to us, such as investing in pig farming,"

"So, I hope this painful lesson from Wall Street, which has not ended yet, will make everyone remember: Don't leave the grassroots!"

…………

"If you hold more meetings like this, our work will be much easier," Lao Ma said to Feng Yiping with a smile under an umbrella around the town's fountain.

At this time, many executives were gathered around the small tables around the fountain. It looked like an open-air cafe.

“I hate bureaucracy the most, and our company currently has a shadow of bureaucracy,” Feng Yiping said.

"Always have," Jin Ling said somewhat rudely.

"So I want to talk to you about another issue," Feng Yiping said. "I just heard everyone thinking when they were talking about their own problems. Now, it seems that it is time to adjust the organizational structure."

"The traditional model of headquarters plus companies seems to be no longer suitable for our current development. To a certain extent, some functional departments of the headquarters are becoming shackles to the development of some companies. At least, they have increased the work of some of the following companies. Quantity, for example, various reports,"

"I know that there are many people who are not afraid of hard and tiring work, but are afraid of writing various reports,"

"The current organizational structure may be a basis for the bureaucracy that is growing within us,"

The adjustment of the organizational structure is a big problem, and with Huaqiang's current scale, the problem is even bigger.

To put it simply, the main power of the group now lies in the headquarters, but if the organizational structure is adjusted, it will probably mean that the following companies will get more autonomy, that is, a lot of power will be delegated.

"I have some feelings," Lao Ma said cautiously, "Mr. Jin, what do you think?"

If adjustments are made, the ones that will have the greatest impact will be the various departments at Jiasheng’s headquarters. Generally speaking, the heads of various departments at the headquarters must be closer to Jin Ling, so it can be said that many of them are considered Jin Ling. Ling's confidant, so Jin Ling's opinion is naturally crucial.

"I feel that it is indeed time to make adjustments. However, we must be cautious about such issues," Jin Ling thought for a moment and said.

Lao Ma was immediately very envious that they had reached an agreement so easily!

"Of course we have to be cautious. We should consider it ourselves first and then consult some experts," Feng Yiping said.

Frankly speaking, he ultimately had not made up his mind on this issue.

"Then let's go take a look around and see the latest progress of our drones?" Feng Yiping stood up with mineral water.

Not only Huihui is interested in these, but he is also very interested personally.

Before Lao Ma and the others could express their stance, he looked at his phone and said "uh", "Say Cao Cao, Cao Cao is here, Lord the pig farmer,"

"Hello Lord,"

"Von," Lauder asked, "do you think now is a good time to show off to Blackstone and start acquiring Hilton?"

ps: The last two days are also the two days when I hope everyone will throw their votes at me.