Chapter 99 Consumers of bionic prostheses receive national subsidies
After a while, Meng Qiuyan came to Lu An's office again.
"The arrangements have been made for the junior brothers and sisters who came to join you." Meng Qiuyan came in and said that the entry procedures had been completed. Liu Qingtang and others received the advance money and settled down in the city, and officially went to work in the company three days later.
After the interlude, Meng Qiuyan handed a document he brought to Lu An and said, "This is the company's performance report for the first half of the year."
Lu An stood up and left his desk, took the financial report document and came to the rest area to sit down, and immediately opened the material to read.
Meng Qiuyan also came to the sofa in the rest area and sat down next to him: "In the first half of the year, the total sales of bionic prosthetic arms and legs were 838,700, of which overseas exports accounted for about 20%."
"The company's total revenue in the first half of the year was 59.362 billion yuan, and overseas sales Accounting for 80%. The net profit in the first half of the year was 34.392 billion, a decrease of 7.42 percentage points compared with the net profit margin in the first half of last year. "
"The company's net assets at the end of the first half of the year rose to 52.319 billion, and the cash reserve was 18.5 billion."
The decline in net profit margin is expected, because this year the company has begun to establish self-operated channels, the new headquarters and the super factory have also been rolled out, and part of the project funds have begun to be remitted to the construction unit of Party B. The super factory is under the name of the subsidiary Metaverse Manufacturing, but Metaverse Manufacturing and the parent company have consolidated financial statements.
However, the absolute net profit scale has increased significantly. The net profit of 34.392 billion is for half a year, not for the whole year.
Lu An nodded with satisfaction: "Well, not bad. More than 830,000 pieces were shipped in the first half of the year. According to this momentum, the sales of 1.5 to 1.7 million bionic prostheses for the whole year will not be a problem."
Judging from the performance in the first half of the year, overseas market revenue still accounts for the absolute majority of the company, and this still brings more than 80% of the company's revenue with about 20% of product exports.
After all, the purchase price of exported bionic prostheses is RMB 250,000.
As for export, Metaverse has no sales costs and does not bear tariffs because it has not established its own sales channels overseas. Overseas agents come directly to Metaverse to get the goods and then sell them themselves.
· For the products sold overseas by Yuanjie Intelligent Control, in addition to the cost of materials and labor costs, there is only a little after-sales cost.
For foreign consumers, the after-sales service experience of this product is definitely far inferior to that of domestic consumers, because Yuanjie Intelligent Control has not established after-sales service centers in overseas markets.
If overseas consumers have after-sales problems, they should first go to the agent where they purchased the product. If the agent can solve it, let the agent solve it.
If the agent cannot solve the problem, it can only be shipped to the country by the agent. Yuanjie Intelligent Control will solve the problem at the domestic after-sales center, and then deliver it to the agent and send it back.
However, the quality of Yuanjie Intelligent Control's products is excellent. There will be basically no problems in normal use. There will be no faults after two or three years of use. Some minor faults can also be solved by agents.
Generally speaking, as long as foreign consumers do not encounter after-sales problems with Yuanjie Intelligent Control's products, their experience in using them is great.
But if they encounter after-sales problems, foreign consumers will basically complain and scold them, mainly because those agents also charge money for after-sales, and the key is to pay back the black merchants.
If the agent encounters a major problem that cannot be solved by itself, it will have to be returned to the factory for repair, shipped, repaired and then sent back. This round trip will take three to five months, and it is considered efficient if it can be solved within three months.
If it needs to be returned to the factory for repair, the agent will also provide spare bionic prostheses.
However, spare parts are not free. If you need a spare prosthetic limb, you have to pay to rent it.
What's more, what some foreigners have overcome is that they learned from the Internet that the same product is sold at Dongda University for only 20,000 yuan, which is more than 3,000 U.S. dollars when converted into U.S. dollars, but foreigners spend 100,000 U.S. dollars to buy the same product.
But after scolding and breaking the defense, foreigners in need should still buy what they can afford.
There is no way, there is no substitute product in the market. After using Yuanjie Intelligent Control's products, when looking at similar products from other manufacturers, I feel that they are just for fun, and I have no desire to use them at all.
However, foreigners have to admit that, in addition to the two major pain points of price and after-sales service, the product itself has more than ten levels of experience better than similar products.
At this moment, Lu An finished reading the financial report, turned to Meng Qiuyan and said: "You will use my Yuanjie community account to send the company's first half performance to the community later. The specific details do not need to be announced, just the two data of revenue and net profit."
Meng Qiuyan nodded: "Yeah, okay."
Yuanjie Intelligent Control is not a listed company and does not need to disclose the company's performance information to the outside world. Whether it wants to disclose it to the outside world mainly depends on the company's willingness.
Luan decided to do this to motivate the company's employees, so that employees who hold shares have future expectations and know how much cash dividends they will get when the time comes.
After the company's new regulations are implemented, 20% of the annual net profit will be used for cash dividends every year to be distributed in the following year.
Lu An saw another document, picked it up and asked: "What is this?"
Meng Qiuyan glanced at the document and replied: "The relevant departments have just issued an internal notice to our company. The country is preparing to start from January 2015 next year. Starting from March 1st, large subsidies will be directly provided to our company's bionic prosthetic products, only for products sold. "
"The state also has requirements for our company's policy, which is to allow us to raise the sales price of our company's bionic prosthetic products to 3,000 yuan."
“That is to say, our current sales price is reduced from 20,000 yuan to 3,000 yuan. If we sell one piece, the state will give our company a subsidy of 17,000 yuan.”
As soon as Meng Qiuyan finished speaking, Lu An immediately opened the document and read it.
After reading the content, Lu An couldn't help but said: "It seems that we need to further expand production capacity."
The country is providing heavy subsidies at this time. It is obviously not because of the company's problems. Yuanjie Intelligent Control's current operating conditions are very good and it is in a period of rapid growth.
The purpose of granting large subsidies is to further lower the sales price of Metaverse's bionic prosthetic products. In fact, it is not a subsidy to Metaverse, but a subsidy to consumers, because the country specifically requires that the price of the product be reduced as much as the subsidy is required.
The country’s move is first and foremost to benefit the people. A significant price drop will naturally benefit the mass consumers.
The second and most important reason is the core reason for providing subsidies to the state. A disabled person with limb amputation will bring a huge cost burden to society, while a normal person who can take care of himself can not only reduce the social burden, but also contribute to society's GDP as a normal labor force.
The two plus and one minus equals a double gap, and the resulting GDP gap can reach tens or millions. The younger the amputee, the greater the gap.
Not only will the country not lose money by carrying out this transfer payment, but it will bring greater economic increment at the macro level, but it is not directly reflected at the micro level. It is reflected at the micro level that it benefits the disadvantaged groups at the bottom. This is better and can win wider praise.
This account is not difficult to calculate at all. The normal service life of a bionic prosthetic limb is about 5 years, and the subsidy is 17,000 yuan. Even if an amputation patient loses both hands and feet, the total subsidy for the two robotic arms and legs is 68,000 yuan.
After five years, the social burden incurred by this amputation patient has far exceeded 68,000 yuan, and he can still take care of himself.
Such extreme cases are rare. Most amputees are missing only one arm or one leg, so the subsidy amount is 17,000 yuan.
For example, a leg amputation patient can become a normal labor force after having a bionic prosthetic limb. He could not find a job before, but now he can find a job and make money to support himself. For example, he can run a takeaway, which he would not be able to do if he lacked a leg before.
Then the total GDP he contributed in the past five years is definitely ten times or even dozens of times more than the subsidy amount of 17,000 yuan.
The GDP difference generated by this addition and subtraction can reach tens or millions.
In fact, the country was already paying attention last year, and relevant units began preliminary discussions on subsidies at that time.
But at that time, it was still based on observation. To put it simply, we first wanted to see how the feedback from Metaverse Intelligent Control’s prosthetic product was after it was launched.
After observing it for a year, I basically have an idea.
This policy was officially approved in March this year. The specific implementation still requires coordination and communication from all parties, which is the so-called policy inertia. It was not until today that Metaverse Intelligent Control received the document.
This is the time required for a normal process. After all, it is not related to the military or a special urgent matter. It must be a regular process.
· Relevant parties in the state know that the current profits of Metaverse Intelligent Control are very high, and the 17,000 yuan can be afforded by Metaverse Intelligent Control, but the country also knows that Metaverse Intelligent Control’s huge profits are supported by overseas exports.
There is great uncertainty in the future. If overseas business is lost in the future, profit margins will plummet, and we will no longer be able to afford it.
So they are two different things, let’s look at them separately.
The important thing is that the country is not short of this small amount of subsidy money, especially compared with the benefits brought by the subsidy, it is not worth mentioning.
Lu An thought for a while and immediately ordered: "Go and make arrangements, say hello to He Liang, and do your best to increase the production capacity of bionic prosthetics."
Meng Qiuyan nodded: "Okay."
He immediately recorded and memorized Lu An's decision.
Relevant data shows that the number of people with varying degrees of physical disabilities in China is around 25 million, of whom an estimated 15 million can adapt to Metaverse's intelligently controlled bionic prosthetics. Under ideal circumstances, if 15 million bionic prostheses are sold, the market will be saturated.
But with state subsidies, the actual market size is far more than this number, and the total market demand will increase several times.
· National targeted subsidies have made the product price even lower, costing only 3,000 yuan, which means consumers will switch more frequently.
In the past, when it was sold for 20,000 yuan, consumers might use it for five years, or even longer after holding it on.
When the price drops to 3,000 yuan, which is the same price range as a smartphone, it is likely to be replaced after about three years, because the price is not expensive.
With an average replacement frequency of three years, the annual market demand will reach 5 million. This is still limited to the domestic market and does not include international market share.
· People with physical disabilities will definitely benefit from such a strong government subsidy, and Metaverse Intelligent Control is also a beneficiary. The price has been reduced to 3,000 yuan, and sales have still maintained the original profit scale.
However, the sales volume of the product has increased significantly. For example, without subsidies, the annual sales volume was 2 million units, and the profit was 17 billion; with subsidies, the annual sales volume increased by 5 million units, and the profit scale directly increased to 42.5 billion.
· Even if the state transfer payment subsidizes the money, it will not lose money, it will also make money, but it will not be directly reflected.
It is indirectly reflected in the fact that disabled people reduce their explicit or implicit burden on social costs, and disabled people can find jobs to support themselves and contribute to GDP.
Even if some disabled people are still unable to work, they can take care of themselves, at least without burdening their families.
When a person cannot take care of himself, he has to find someone to take care of him. This means that a family has lost one labor force, which means a huge loss of income and a heavy burden on the family.
When the disabled person in the family can take care of himself, he can go out to find a job without having to take care of him every day.
These economic benefits will not be directly apparent, but they exist objectively.
The country obviously sees this, so it provides heavy subsidies.
In addition, there are reasons for directly subsidizing the company Metaverse Intelligent Control instead of directly subsidizing consumers.
First, direct subsidies to Metaverse Intelligent Control can reduce the costs incurred by units at all levels, and are efficient and trouble-free, because they only need to connect with and supervise one company, Metaverse Intelligent Control.
Second, it can effectively avoid illegal arbitrage by some individuals or institutions, which will increase costs in order to deal with this matter.
It would save trouble to directly subsidize Metaverse Intelligent Control, allowing the company to lower the product price to 3,000 yuan for sales. Consumers who really need it will spend 17,000 yuan less, which is real money saved.
If you directly subsidize Metaverse Intelligent Control, you only need to keep an eye on Metaverse Intelligent Control, because only Metaverse Intelligent Control has the conditions to cheat and subsidize it, which is an inflated increase in sales.
And Lu An would definitely not do this kind of thing. The country chose to subsidize Yuanjie Intelligent Control precisely because of Lu An’s quality. It made the decision after fully investigating and understanding him.
Of course, trust is one aspect, and the required procedures will also follow.
After the subsidy policy is implemented, consumers who purchase a bionic prosthetic limb worth 3,000 yuan will need to register with their real name and provide a certificate of disability. The purchased product must have a corresponding code. Otherwise, the product can be purchased, but the subsidy of 17,000 yuan will not be available.
· If other institutions purchase goods on a large scale, individual consumers without real-name registration will not receive the corresponding subsidies.
In other words, only those with real disabilities who have purchased the product, used it and activated it will be counted. In the future, these products will have detailed statistics and traceability, and the state will provide corresponding subsidy amounts based on these data.
The heavy subsidies for bionic prosthetic products are actually the state's de facto support for Metaverse Intelligent Control.
Because the upper management has obtained more information and has come to the conclusion that Metaverse Intelligent Control’s overseas exports will not be so smooth sailing in the future. 80% of the company’s revenue is supported by overseas exports.
The upper management has actually noticed that the current international environment is showing signs of anti-globalization.
Once there are drastic fluctuations in Metaverse Intelligent Control's overseas export profits in the future, it will have to rely on the domestic market to provide bottom-line support.
The surge in sales brought about by subsidies is equivalent to an additional profit of more than 8,000 yuan for Metaverse Intelligent Control for every additional sales of a bionic prosthetic limb.
The main reason for receiving support is that Lu An has received attention from his superiors and valued his talent and potential in the field of science and technology.
Speaking of which, we have to thank Xinsheng Group and various capitals for their hunting.
If it hadn't been for them, there would have been no military intervention, and no military would have reported this matter to higher levels. Lu An might not have been noticed by the top bosses so early, at least not so quickly.
…
(End of this chapter)