Which steel company issued a 5 million year-end bonus on the spot, and the cash piled up into a wall with a per capita of 5,?

On January 26th, a video of the "cash wall" of Fangda Group Jiugang was circulated on the Internet. In the video, there were stacks of "cash walls" made of 1 yuan on the red carpet, and a banner hung behind it, which read "Sincerely thank Chairman Fang Wei for his deep love for the employees of Jiugang". In the comments of the video, some netizens urgently asked the personnel department of Fangda Group for a phone call, and some netizens said, "Steel mills will get the upper hand when they have money, and they will look for help from banks when they have no money."

It was confirmed by a director of Fangda Group that this time, Fangda Group distributed cash-filled red envelopes to all employees of its subsidiaries, and the average employee of Jiugang was 5, yuan, with about 1, employees, and the cash-filled red envelopes distributed by Fangda Group in Jiugang was 5 million yuan.

Fang Wei is the actual controller of Fangda Group. The business scope of Fangda Group includes carbon, steel, iron ore and real estate, and the actual controllers are two listed companies: Datang Special Steel (657, SH) and Fangda Carbon (6516, SH).

It is understood that Fangda Group not only distributed cash-filled red envelopes in Jiugang, but also distributed cash-filled red envelopes in Fangda Special Steel, Fangda Carbon and other subsidiaries, with a total amount of more than 1 billion yuan, with a per capita income of about 4, yuan.

The reason why Fangda Group is so generous lies in the soaring corporate profits in 217, which is inseparable from the hard work of employees. Cash is not given to show off wealth, but to thank front-line employees for their efforts for one year.

Fangda Group issues more than one billion red envelopes

The company that distributed cash-filled red envelopes in the video of "Cash Wall" is Jiujiang Pinggang Iron and Steel Co., Ltd. (hereinafter referred to as Jiugang), which is a wholly-owned subsidiary of Jiangxi Pinggang Industrial Co., Ltd. under Fangda Group.

Through the video and photos, we can see that the height of the "cash wall" made of cash at the red envelope distribution site of Jiugang Company is higher than that of a normal adult, and the thickness is also more than 1 meter. Behind the "cash wall" was written "red envelopes send affection, and love urges people to advance", and then it was switched to another slogan "I sincerely thank Chairman Fang Wei for his deep love for the employees of Jiugang".

how much money is there? Some people guessed 6 million yuan, and some people guessed 8 million yuan.

how many are there? Through the verification of a director of Fangda Group, it is found that the cash distributed by Jiugang is about 5 million yuan, the number of employees of Jiugang is about 1 thousand, and the red envelope of each employee is 5 thousand yuan. "This red envelope distribution is only for ordinary employees of the company. The management of the company has no on-site red envelopes, and there will be profit distribution awards in the future."

The above-mentioned directors of Fangda Group said that in addition to Jiugang, the companies under Fangda Group also distributed cash-filled red envelopes on the spot. Take the steel plate as an example. On the site of Fangda Special Steel, the average cash-filled red envelopes per employee is 3, yuan; Pingxiang Pinggang Anyuan Iron and Steel Co., Ltd. (hereinafter referred to as Pinggang), another subsidiary of Jiangxi Pinggang Industrial Co., Ltd., received a cash-filled red envelopes of 2, yuan.

Fangda Special Steel has more than 5, steel plate workers, and the cash distributed at Fangda Special Steel site exceeds 15 million yuan based on 3, yuan per capita; The cash paid by Pinggang also exceeded 1 million yuan.

It is also known that cash-filled red envelopes, the employee of Fangda Carbon, another listed company controlled by Fangwei, is the same as Jiugang, with a per capita income of 5, yuan, and the total number of employees of Fangda Carbon is about 4,7, and the cash paid on the spot exceeds 23 million yuan.

There are dozens of enterprises controlled by Fangda Group. The above-mentioned directors of Fangda Group said that this time Fangda Group gave more than 1 billion yuan in cash to reward employees, and each group received 4, yuan from cash-filled red envelopes.

Fangda Group not only rewards employees with discovery money, but also provides a pension policy for employees who have given birth to a child. For employees who have worked in Fangda Group for five years, Fangda Group will pay half of the expenses for staying in local pension institutions after retirement.

"Fang Wei proposed to give cash rewards to employees at the board meeting, which is because he practiced his ideals with practical actions. He hopes that he can make more contributions to the country and seek more benefits for employees." The above-mentioned director of Fangda Group said that Fang Wei has said many times that after retirement, he will hand over the enterprise to the state and will not leave it to his next generation.

The reason why Fangda Group is so generous lies in the soaring corporate profits in 217, which is inseparable from the hard work of employees. Cash is not given to show off wealth, but to thank front-line employees for their efforts for one year.

Only when you have money can you be "willful"

The profit of the steel sector exceeds 1 billion yuan

Fang Weihao throws more than 1 billion yuan to reward employees with discovery gold. There is a premise that the company can only make money if it makes money. In fact, Fangda Group, which is controlled by Fangwei, has made considerable profits in the past year. The profits of Fangda Group's steel plate alone have exceeded 1 billion yuan.

benefiting from the supply-side structural reform, the performance of the entire steel industry rose sharply in 217. The performance of listed steel enterprises is pre-happy one after another:

Songshan, Shaogang is expected to have a net profit of about 2.5 billion yuan in 217, a year-on-year increase of more than 23 times;

Anyang iron and steel co., ltd. and Liugang co., ltd. both expect the net profit in 217 to increase by more than 11 times year-on-year;

Angang expects its net profit in 217 to be about 5.678 billion yuan, a year-on-year increase of 251%;

baoshan iron & steel expects its net profit to double to 1.1 billion to 1.8 billion yuan in 217.

on the evening of January 26th, Fangda Special Steel released its 217 annual performance forecast, with a net profit of about 2.43 billion to 2.663 billion yuan, a year-on-year increase of 265%~3%.

Jiangxi Fangda Iron and Steel Group Co., Ltd. (hereinafter referred to as Fangda Iron and Steel), the controlling shareholder of Fangda Special Steel, also controls Jiangxi Pinggang Industrial Co., Ltd. (hereinafter referred to as Pinggang). Jiugang and Pinggang are wholly-owned subsidiaries of Pinggang, and the profits of these two iron and steel enterprises are equally high.

Fangda Group distributed 5 million yuan red envelopes to 1, employees of Jiugang on the spot, and these 1, employees created profits more than 1 times that of red envelopes for the enterprise. According to the above-mentioned directors of Fangda Group, in 217, the profit of Jiugang was 6 billion to 7 billion yuan, and the profit of another Pinggang exceeded 4 billion yuan.

The profits of two steel companies under Pinggang Co., Ltd. exceeded 1 billion yuan. Together with the profits of Fangda Special Steel, in 217, the profits of the steel sector under Fangda Group were not less than 13 billion yuan.

Fangda Carbon, another listed company under Fangda Group, has published the third quarterly report of 217, showing that the company achieved a net profit of 2.216 billion yuan in the first three quarters, with a growth rate of 3,514.98%. Although the performance forecast for 217 has not been disclosed, it is enough to see that the performance of Fangda Carbon will be very beautiful in 217 from the red envelope reward of 5, per employee of Fangda Carbon.

the success of the company is inseparable from the efforts of employees.