Chapter 1451 Anxious Atmosphere

The progress of 7-11 in Thailand is smoother than Yin Jun imagined.

In just half a month, 7-11 has become a star store in Bangkok, Thailand.

Although the area of ​​7-11 is very small, only about 50-100 square meters, there are thousands of products inside, and new products appear every day.

Basically, if you don't go to 7-11 for a week, you will find that there are hundreds of more products that you have never seen, bought, or eaten.

Moreover, 7-11 is very convenient. It is open 24 hours a day, which greatly facilitates the lives of Bangkok people.

Bangkok has a typical tropical rainforest climate. People don’t sleep much, and the nightlife is especially rich.

In the past, on the streets, no shops were open after eleven or twelve o'clock, so it was inconvenient to buy anything.

It seems to be different now. 7-11 is open 24 hours a day. There are their big neon signs on the main streets of Bangkok. You can see them from a distance and follow the directions.

Food, drink, tobacco, alcohol, daily necessities, etc. are all in stock and enough for all your needs.

The support of the people in Bangkok has brought about super high turnover. The super high turnover not only brings a steady stream of profits to the Kirin Group, but more importantly, it has greatly boosted the morale of Jin Qiuwen and the others and established their continued Work hard to develop confidence.

Jin Qiuwen and the others are not easy.

Site selection, training, supplier negotiations, etc., which ones are they not doing personally?

Pangu Bank also played a role in stabilizing the morale of the military. When it came to specific matters, Jin Qiuwen and others had to do it.

For this matter, Jin Qiuwen specially transferred hundreds of reserve store managers from Xiangjiang to be responsible for the affairs of the store.

Negotiations with suppliers are definitely not just about price, but also about the innovation of various products and what is suitable for Thai people. These must be considered.

For example, Thai people are lazy and don’t like to cook.

Especially wealthy Bangkok people usually have their dinners outside, which results in various food stalls and food stalls all over the streets in Thailand.

If 7-11 wants to seize this part of the market, the best way is to make lunch boxes.

The steaming hot bento that can be eaten in half a minute in the microwave, the Korean cold noodle bento, etc. are all very important products.

To this end, Jin Qiuwen and his team found a total of 78 bento manufacturing factories and selected more than 300 bento styles, which were rotated every three months. Each store used three freezers to store them. There are hundreds of kinds of bento boxes, which is a bit dazzling just looking at them.

For example, it is summer in Thailand all year round. People naturally like to eat cold food when the weather is hot.

Jin Qiuwen selected 50 types of smoothie drinks alone, and finally selected 25 types to be sold in 7-11 stores on a recurring basis.

There is also ice cream. For mango ice cream alone, Jin Qiuwen commissioned the ice cream factory to make 43 types, and 19 types were successfully ordered. The ice cream factory is now constantly developing, striving to get orders from 7-11.

100 7-11s are equivalent to 100 convenience stores. If sales are good, at least 500,000 ice creams can be sold in a month!

When a small amount adds up to a large amount, the sales volume is so terrifying! ?

Not only ice cream, but also various drinks, lunch boxes, and daily necessities, the daily sales of single products range from tens of thousands of copies.

Calculating this, what is the sales volume in a month? What should be the annual sales volume?

This is just 100 stores. If 200 or 300 stores are opened in Bangkok in the future, and 1,000, 2,000, or 3,000 stores are opened throughout Thailand...how big a business will that be?

Therefore, after seeing the terrifying strength of 7-11, there was no need for Pangu Bank to come forward. Countless dealers flocked to the store, and even manufacturers directly contacted 7-11, hoping for cooperation.

But Jin Qiuwen will definitely not forget Pangu Bank's previous help. As the general manager of the Kirin Group's Thai branch, he has always placed all financial transactions with Pangu Bank.

Perhaps Pangu Bank did not care about the capital transactions of such a small company before.

But when they also discovered that 7-11’s terrifying sales capabilities and huge development possibilities were likely to have 2,000-3,000 stores in Thailand, they suddenly took a breath of air.

If there were really so many stores covering all of Thailand, it would be no exaggeration to call 7-11 the largest retail convenience store group in Thailand!

Unexpectedly, I accidentally supported such a huge giant company and added a strong partner to my bank. It was really unexpected!

Only people within the bank know what it is like to have a strong partner in a bank.

The people below unconsciously worshiped Chen Bicheng more and more.

It seems that the chairman's way of conducting himself is definitely the best in the world!

Look, this is the result of good intentions paying off!

It’s no wonder that although the chairman’s wealth is not the largest, he has the highest prestige among the Chinese, and he is also the most popular. 90% of the Chinese rich will definitely give a thumbs up when mentioning the chairman.

Jin Qiuwen will never forget Chen Bicheng's help, and Yin Jun will naturally not forget Chen Youhan.

With Yin Jun's strong support, Xiangjiang Commercial Bank has now completely stabilized its position, and is taking advantage of the current chaotic situation to steadily develop business and allow more people to choose its services.

Today, Xiangjiang’s financial industry is still in a bleak state.

The huge turmoil from last year to this year has affected too many financial companies and banks.

In particular, house prices and land prices are getting lower day by day. The real estate industry in Xiangjiang, which has a backlog of hundreds of billions of funds, has of course suffered heavy losses.

Of course, it is these banks and financial companies that provide funds for real estate developers.

In the past, when the market was good, if real estate developers encountered difficulties, went bankrupt, or something else, banks could directly take over the buildings and land and resell them, which would not only make up for the losses, but also make a small profit.

As a result, the market is so bad now. Even if the real estate developers go bankrupt and the banks hold the land and buildings, it will still be a bad debt. The prices are getting lower day by day and the losses are heavy!

Therefore, banks and financial companies not only do not want to take over land and real estate, but instead ask the real estate companies not to collapse and to support them.

As long as they don't go bankrupt, these real estate developers will always have a hard time.

If it goes bankrupt directly, you will leave banks and financial institutions with a hot potato, and they don’t know what to do.

Now it's a little troublesome again.

If you want a real estate company to avoid bankruptcy, two conditions must be met.

The first is not to be forced into debt.

The second is to maintain normal operations.

Debt pressing is originally a matter for banks and financial companies. Since we don’t want real estate companies to go bankrupt, there is no problem in being more lenient on accounts, extending the repayment time, and reducing the repayment amount in each period.

Maintaining normal operations, including starting work, wages, advertising, etc., also requires money.

The fact is, real estate companies have little money left.

What to do?

Only banks and financial companies can continue to lend money to them!

Not only can they not recover the huge loans, but they have to continue lending to these people. You can imagine how disgusting the banks and financial companies are.

Most banks and financial companies were dragged into the quagmire by these real estate companies and were unable to move.

They are even more hopeful than real estate developers that spring will come soon.

Xiangjiang Commercial Bank was reminded by Yin Jun. Although there were many such bad debts, the subsequent injection of 500 million US dollars and 2 billion Hong Kong dollars in deposits by Yin Jun greatly stabilized the morale of the military and gave many people the confidence to dare to Deposited the money in Xiangjiang Commercial Bank.

In fact, what makes Chen Youhan most happy is not that retail investors like him came in with deposits, but that the panicked depositors before stopped frantically withdrawing their deposits.

As long as the deposits of Xiangjiang Commercial Bank are still there, they will have funds to continue doing business.

Not to mention that Yin Jun's 5.5 billion is there for them to use at any time.

However, after experiencing such a painful run lesson before, Xiangjiang Commercial Bank's policies still tended to be conservative. They did not dare to touch Yin Jun's money, and they were also cautious in doing business for fear of causing problems again.

Yin Jun didn't advise them to be proactive. He didn't understand bank matters, so he naturally wouldn't interrupt.

Today Yin Jun came to Xiangjiang Commercial Bank to visit, but it was for another matter.

The current situation in Xiangjiang is very difficult, but this does not mean that everyone has not worked hard.

Everyone, including the mainland, wants to actively solve the problem and let Xiangjiang get out of this predicament as soon as possible.

However, they had different goals and completely different ideas from the British, so there was no progress in the two consecutive negotiations.

After the third negotiation in May this year, the two sides still made no progress at all, and the future of Hong Kong is still at a deadlock.

The fourth round of negotiations is scheduled to take place in September this year.

In September last year, Iron Lady fell, and the first crisis broke out. Unknowingly, it was already a year by September.

After the previous three failed negotiations, the anxiety of the people in Xiangjiang has actually accumulated to a certain level.

Newspapers, magazines and TV stations are all analyzing that if there is no progress in the fourth negotiation, then this year-long anxiety is likely to explode and cause serious consequences.

Although everyone was disappointed and vented before, this time of year is the most likely to cause accidents.

So people are waiting eagerly to see if a miracle will happen.

Everyone described it as "a miracle happened", which shows that in their hearts, they actually had no confidence, or even no hope.

Yes.

They really don't have to get their hopes up.

Because in this world, only Yin Jun knows that this fourth negotiation is destined to fail.

The failure of the fourth negotiation will also cause a very serious consequence, a huge fluctuation in the short term.

This is the main reason why Yin Jun came to Xiangjiang Commercial Bank today!

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