Chapter 1608 Leading the Times
In front of the distant building.
Yuan Chengdao smiled and said enthusiastically: "Congratulations to Mr. Li on his triumphant return!"
"Triumph", this is the consensus of all.
An extremely successful ip plan!
The resumption of trading of Teng Xun and the listing of Weibo started almost at the same time. At the beginning, many people opposed it, thinking that the two listings at the same time would be too risky.
The scale of the two financings is nearly 10 billion U.S. dollars, which is unprecedented among technology stocks.
From everyone's point of view, investors need to be given some time. After all, their money did not come out of thin air, and the simultaneous listing of the two companies will dilute these funds.
But Li Dong insisted, and Weibo and Teng Xun also hoped to give him a big gift on the third anniversary, Li Dong's birthday, so in the end both sides were speeding up.
At the beginning of the road show, Yuan Chengdao and the others were still worried about problems.
However, up to now, the emergence of panic buying has reassured everyone.
It's not just the rush to buy, now, the world is talking about Li Dong, the distant places, Weibo and Teng Xun.
Such a scene has not happened for many years. Even if Ali went public in 2007, the sensation caused was not as big as it is now.
...
Li Dong accepted the congratulations from the company executives frankly.
However, Li Dong didn't say much about it. He walked into the building and asked, "How's the talk with Changjiang going?"
When Li Dong mentioned the Yangtze River, Yuan Chengdao frowned slightly and did not answer.
Chen Lang on the side immediately said: "The formal contract has been signed, and we are also working on taking over Baijia.
Fortunately, the stores in the mainland are easy to talk about, and the staff is also easy to arrange.
But Xiangjiang is a little bit troublesome, Xiangjiang is a bit different from the mainland, especially the labor..."
Li Dong interrupted: "Yuanfang's treatment has never been worse than that of any company, you can figure it out yourself.
If you think I'm in the top 100, you want to greatly increase the salary, okay, let me see their abilities!
If you don't have that ability, don't bother with this mess.
The tide of resistance that broke out in the distance before finally died down.
Don't tell me these details, talk about the funding issue, including the attitude of other companies. "
Today, half a month has passed since the two parties reached an agreement. At this time, Yuanfang has begun to take over Baijia. If other companies don't know about it, then Li Dong thinks they can all go bankrupt.
Hearing Li Dong's question, Chen Lang hastily said: "In terms of funds, Changjiang is not too harsh this time.
Mr. Li Zeju said that it is not too late to pay when the far side is rich.
Of course, the contract is signed for one year. "
Li Dong nodded. After all, Changjiang is a large group, and Yuanfang is not a small company. Two billion US dollars is not too much, but it is not much.
The other party said a few polite words, which was to save face, after all, the two sides had a bad quarrel before.
Of course, it is impossible for Li Dong to really do what the other party said, and he will give it when he has money.
After thinking about it, Li Dong said: "After a while, try to pay it off within half a year."
Chen Lang responded without asking the source of the funds, 2 billion US dollars is not too much, especially this time when Teng Xun resumes trading, Yuanfang's sales restriction period is only 180 days.
After 180 days, even cashing out part of the stock is enough to repay the debt.
After talking about the money, Chen Lang continued: "As for the reactions of other companies, Huarun has also begun to conduct self-management in Xiangjiang. Huarun's foundation in Xiangjiang is fairly deep. not weak.
But now the Xiangjiang market is close to saturation, and Wellcome and ParknShop account for 80% of the department store retail market in Xiangjiang.
As long as we can keep ParknShop in normal operation, the expansion plans of other companies in Hong Kong will have little impact.
But in the interior, especially the coastal areas, the competition is now fierce.
Some retail companies we cooperate with have complained recently that Huarun, Bailian, and Sun Art are frantically investing in stores in coastal areas, and many stores are almost adjacent to our system.
Recently, the diversion has been severe. It seems that these companies do not want us to continue to grow in the coastal areas, and have already reduced our market size regardless of cost. "
"In addition, there is another matter that you have been busy recently, and you may not have paid attention to it. Xinyijia declared bankruptcy..."
Li Dong was slightly taken aback, and then sighed softly after a long while: "Can't hold on? That's right, the competition in the retail industry is too fierce nowadays, and the other party is already struggling to hold on, so it's normal if they can't hold on now."
Li Dong may not have cared about Xin Yijia, but that doesn't mean he doesn't care at all.
In fact, Xinyijia’s crazy expansion model at the beginning is almost the same as that of Yuanfang.
The timing was similar. At that time, the two newcomers were frantically expanding in an attempt to build a national presence.
The far side is okay. In fact, there were several crises along the way, but they were all resolved by Li Dong.
But Xinyijia, in addition to expanding, is unable to resolve the crisis in the face of it.
In the past two years, facing the highly competitive market, it has already shown its decline.
At that time, Xinyijia was proud of their outsourced logistics. They outsourced all the logistics and distribution of Xinyijia. In this way, they did not need to invest by themselves and could save a lot of cost.
But it was the same year, and now all major companies are improving their layout and system, and self-operated logistics has become the core competitiveness.
At the beginning, we may invest a little more, but in the later stage, there is still a gap between the self-operated system and the outsourced system.
Moreover, the cost of outsourcing logistics has risen in recent years, and the price has been raised sharply. Xinyijia has no own system at all, and it is almost like a mermaid. It has lost a lot of competitiveness in this area alone.
Coupled with the fact that several shareholders are constantly fighting, they are reluctant to spend money to renovate the old stores. Many Xinyijia stores still have the decoration style of the 1990s.
The proportion of self-operated properties is also pitifully low, and the rent has started to rise again. All kinds of difficulties finally prevented Xinyijia from escaping bankruptcy.
In fact, this point has long been felt inside and outside the industry. There have been several incidents of suppliers surrounding their stores on a large scale and demanding payment for goods.
Li Dong thought about this in his heart, but he said: "The other party has long since fallen from the position of a retail giant, and the bankruptcy will not affect us too much, but it will give up a part of the market.
In this way, didn't we reach an agreement with some real estate developers in coastal areas last time?
Now start to prepare for the store, prepare to settle in, and seize the market share left by Xinyijia.
But in the south, there are not too many cooperative companies, we still have to prepare some self-operated stores..."
When he said this, Chen Lang frowned slightly and said, "President Li, the group really doesn't have the funds to continue to expand now.
The profits of Yuanfang Retail have recently been used for the construction of boutique supermarkets and the layout of Guomei’s rural stores.
For these alone, Yuanfang Retail has actually been unable to make ends meet.
Also, the last 10 billion..."
Li Dong interrupted: "The last 10 billion is what happened last time, let's talk about it later.
As for money..."
Li Dong turned his head and looked around, but he didn't see Cao Jinsheng from Yuanfang Finance, but he still asked, "Has the abs financing plan on Yuanfang Finance started?"
Yuan Chengdao answered: "Preparation is underway, and financing is expected to officially start in September."
"September..." Li Dong paused, nodded and said, "Then September.
The retail expansion plan, by this time, is actually no longer hidden from anyone.
At the beginning, I said that after August, we would enter the southern market on a large scale.
What is lacking now is actually funds.
Loans, financing, borrowing... in short, money is still available.
In the south, it doesn't cost much in advance.
For the retail group, at any rate it is such a large scale, with a boutique supermarket and Guomei store layout, will they spend all the money?
Our profit this year is not low, even if the profit margin is a little lower, the foundation is here, the profit in the second half of the year will be paid in advance first, and I think it will be enough to maintain the expansion in the south. "
Seeing this, Chen Lang glanced at Yuan Chengdao, but Yuan Chengdao remained silent.
It is not the first time that Yuanfang is running at full capacity. At this time, Li Dong has already made a decision, what else can I do?
Fortunately, everyone still has some confidence in their hearts.
After all, the listing of the two technology stocks will create a lot of value in the future. When it is necessary, cash out and stock mortgages are all available, and it is not difficult to raise money.
Seeing this, Chen Lang responded again, Li Dong thought for a while and said, "Over there in the north, how is Qi Yunna doing?"
Chen Lang hurriedly said: "It's not going too well, Dashang and Wumart have been dragging us..."
"Forget it, let Qi Yunna try it, otherwise she won't be reconciled."
Li Dong didn't expect to have results so soon, everything depends on luck and opportunity.
After talking about retailing in distant places for a while, Li Dong arranged the work of other groups.
At this time, Yuan Chengdao suddenly remembered something, and hurriedly said: "Mr. Li, CCTV recently communicated with us, and the selection of economic figures of the year in August has already started.
CCTV hopes to conduct an exclusive interview with you as a publicity for the next promotional video. "
The underlying meaning of these words is too clear. Although it is still in the selection stage, since CCTV said it will be recorded as a promotional film, it means that this year's economic figure of the year, Li Dong has decided.
Since 2000, CCTV has selected the top ten figures of the year every year, with ten places. If Li Dong can't even get one, I am afraid everyone will find it boring and unfair.
From 2008 to 2009, Li Dong was a well-deserved figure in the business world in China and around the world.
In the selection in 2008, Li Dong was not allowed to go up, so I didn’t say anything. After all, the selection started in August 2008. At that time, Li Dong was not as strong as he is now, and he didn’t take the initiative to participate. With the style of CCTV, 08 It is not surprising that Li Dong was not selected this year.
But this year, there have been rumors that Li Dong may become Time Magazine's Person of the Year.
It's the global version, not the Asian version!
Once Weibo's listing can meet expectations, there is great hope. At this time, Li Dong is not China's economic figure of the year, so it is a joke.
What is the concept of Time Magazine's Person of the Year?
It has been 82 years since the selection began in 1927.
The man of the year is not the usual cover character, but a person selected once a year.
In the past 80 years, many people in Huaxia have become the cover figures of Time Magazine's global magazines, but there are only two people of the year!
As for the usual news reports, which stars are on the cover of the times, they are all in the Asian section, not the global section, and this is a big difference.
In 37 years, Lao Jiang and his wife represented Huaxia and became the Person of the Year for the first time.
The other person entered twice. In 1978 and 1985, Mr. Deng was elected Person of the Year twice.
After that, no one in Huaxia ever entered again.
As for the cover characters of the main magazine, in fact, no one has ever entered the Huaxia showbiz, so the cover characters usually mentioned refer to the Asian version, and the influence of the two is very different.
In 2008, Li Dong actually entered the candidate list, but at that time he was not influential enough and was almost the first to be eliminated, so not many people mentioned it.
But this year, Li Dong has great hopes.
Affected by the economic crisis, outsiders speculate that this year's selection should focus on economic figures rather than political figures.
When the stock market has not yet recovered and the world is still sluggish, Li Dong has bucked the trend and created two technology stocks that have attracted the attention of the world. With this alone, he hopes to increase by three points.
And with the growing influence of Weibo, including those words he said in the US roadshow before, will add points for him.
At this time, Li Dong is not hopeless.
However, Li Dong didn’t pay much attention to these honors. He seldom mentioned them. Before the road show in the United States, the people of the times actually wanted to do an exclusive interview with him. Li Dong refused on the pretext that the road show was too busy.
Before that, the Times reporter from the Asian edition also wanted to interview him several times, but was still rejected by Li Dong.
Hearing Yuan Chengdao talking about China's economic figure of the year, Li Dong thought for a moment, but nodded and said, "Okay, arrange an interview for me when I'm free."
It's not for fame, not for honor, but if he really wants to lose face to CCTV at this time, once he becomes the man of the year of the times, it is very likely to cause international criticism.
The world's richest man, a 24-year-old richest man in the world, a big entrepreneur known as the giant of the East, can't even be selected as the annual economic figure in China, so does this annual economic figure still have credibility?
Among them, how many shady scenes are there, I am afraid that Huaxia will be greatly questioned by the outside world.
Based on this, even if Li Dong is really busy, he still has to spare time to participate once, so as not to cause bad international influence in the end.
Hearing that Li Dong agreed, Yuan Chengdao heaved a sigh of relief.
It stands to reason that he, the president, shouldn't propose this kind of matter in person, and the assistant Bai Su can just say a word.
But he was afraid that Li Dong didn't care. Once he refused, many people would be dissatisfied in the future.
After all, it is not Li Dong who will be ashamed at that time, but the whole Huaxia.
Now that Li Dong agreed, that would be the best.
Next, everyone chatted for a while, mainly to make arrangements for the third anniversary celebration of Yuanfang Group and the listing of two groups.
These few things are not trivial, and they are almost concentrated together. At this time, Yuanfang Group is actually busier than when it expanded a few years ago.