India has thrown a multibillion-dollar order to drastically improve the strength of its air force, aiming to dominate Asia with a fleet of third-generation fighter jets. India's big purchase of Rafale fighters points to countering the J-10, boosting employment and promoting harmony. "Within an enterprise, if the income gap is too large, it isn't a good company," said Yin Ming Shan, Chairman of Lifan Group. Last year, Lifan Group's employee income growth rate was 10%, and the annual growth rate has been maintained at over 10%. The average annual income of employees is 34,000 yuan.
The Southern Group also aims to enrich employees to promote entrepreneurship and employment, achieving common prosperity and thereby fostering a harmonious society. Chairman Sun Shen Lin of the Southern Group believes that there are still large numbers of poor people in the "two-wing" regions. Without common prosperity, there can be no talk of harmony. Since 2008, the Southern Group has implemented a business development transformation, adding agricultural projects and developing pig farming in the "two-wing" regions.
Beicheng Zhiyuan has included the goal of "increasing the wages of enterprise employees by more than 10% annually" into the company's development plan.
Huayu Group uses housing as a way to incentivize employees' progress. Employees who have worked in the unit for more than two years can apply for a residence of over 100 square meters from the company. If they work for ten years, they can obtain ownership without spending a cent, provided they perform outstandingly in the company. It is reported that Huayu Group has rewarded nearly 70 residential units, 60% of which were awarded to grassroots staff such as drivers and property management personnel.
It is also reported that Lifan plans to fund the construction of affordable housing for its employees.
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"For companies, the pig farming industry is high-risk with low returns. The reason why the Southern Group engages in this industry is not for profit but to help more people become entrepreneurs and achieve wealth creation," said Sun Shen Lin.
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Ms. Lu Xiaoqing, Vice President of Meixin Group, introduced that as early as 2009, Meixin had built collective housing for employees in areas like Yangren Street and Nanping, selling them at cost price and solving the housing problems for nearly one-third of the employees.
According to the current business model of the Southern Group, farmers participating in the Southern pig farming project can, even if they have no money, obtain a loan of 20,000 yuan through the assistance of the Southern Group to build pigsties. They can also receive piglets, feed, and vaccines from the Southern Group without paying upfront, settling accounts after the pigs are repurchased.
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