Chapter 240 Li Dong's Net Worth

Solving the hidden dangers in the distance does not mean that Li Dong will be idle in the future.

Now there are still many problems in the distance.

First, that is the issue of industry competition!

Several large supermarkets in Pingchuan are trying their best to fight Li Dong to the end. For nearly ten days, the price reduction turmoil has not stopped.

After ten days, the loss in the distance is at least more than five million!

But at this time, Li Dong couldn't withdraw. Once he did, he would lose most of Pingchuan's market.

Now that Yuanfang has built so many branches in Pingchuan, once most of the market is lost, the oncoming troubles will probably make Yuanfang irreparable.

This is the first problem Yuanfang is currently facing.

Second, that is the distribution center.

If it cannot be obtained before the end of the year, it is not known how long the negotiations will last until the beginning of next year.

Once the delay is too long, the construction of the distribution center may have to be delayed until the next year before it can be put into use.

And in the next year, there will definitely be more than 100 stores in the distance, or even 200 stores.

Now there are less than 70 stores, which has made Yuanfang's logistics system difficult, and even most of the logistics channels rely on other logistics companies, which is another hidden danger of Yuanfang.

In addition to these two points, the headquarters building can no longer be delayed.

Li Dong doesn't know how many employees there are in Yuanfang now, but he probably has a number in his heart.

All branches add up to more than 3,000 employees, which is not a small number.

Before recruiting dozens or hundreds of people, you can make do with Global, and you can use various branches for training.

But the previous time, seven or eight hundred people were recruited at one time, but there was not even a place for training.

In the end, the training problem was solved by borrowing a large warehouse from Yuanfang in the suburbs. This made Li Dong realize that not having his own headquarters would not only weaken the sense of belonging of the employees, but also make the senior management of Yuanfang feel unconfident.

Now that so many people are nestled in the Global Building, the office space of the leaders is getting smaller and smaller.

until now,

Except for the top leaders like Li Dong, the heads of other departments have to share an office with several heads, which is not a small blow to morale.

There are many things, but there is no rush.

Li Dong pulled out the cocoons and prepared one thing to deal with. It would be best if he could finish all these things by the end of the year.

When it opens in 2006, Yuanfang will enter a new page.

...

Among the three things, competition in the industry takes time, and Li Dong has not moved for the time being.

But the other two things can be put on the agenda.

In mid-December, Li Dong started the third negotiation with the southern suburban government.

This negotiation, no matter for the distance, or for the southern suburbs, is a bit urgent.

Yuanfang hopes to win this land as soon as possible, and then start construction in the early spring of next year. If the construction period is fast, it will be completed in October next year, and it can be put into use before the end of the year.

On the southern suburbs side, it is more urgent than in the distance.

The further negotiations between Yuanfang and Nanhu really made the Nanjiao government anxious. They also thought that Yuanfang might be putting pressure on them.

But when the news came from Nanhu, Yuanfang Vice President Wang Yue had already started a field visit, and the officials in charge of the southern suburbs couldn't help it.

Both sides are trying their best to facilitate this negotiation.

In fact, we have already discussed what should be discussed in the early stage, and now the only remaining issue is the nature of the land, whether it is for commercial use or industrial use.

But now that they have reached this point, the southern suburban government is willing to take the initiative to negotiate, which is enough to explain a lot of problems.

Even in this negotiation, the city government did not intervene anymore, but let the southern suburban government independently negotiate with the distant place.

The third meeting did not last long. In just three days, the two sides reached an agreement.

The most important point in the agreement, that is, the land, the southern suburbs government made concessions.

The land will be handed over to Yuanfang according to the nature of industrial land, but in terms of price, Yuanfang must purchase it at 20% higher than the market price.

In fact, this is to give the government a step down. If it is really based on commercial land, the value of this land is nearly 200 million.

But now according to industrial land, 50 million can be won.

A 20% increase, that's only 60 million, 100,000 square meters of land, 60 million flowers are not a loss.

However, the government's advantages are not so easy to take advantage of. The reason why the southern suburbs government is willing to invest in the introduction of distant distribution centers is naturally for political achievements and the economy.

If Yuanfang fails to meet the requirements of the southern suburban government, the government has the right to repurchase the land.

Li Dong quickly agreed to this point, and he knew the distribution center well.

Not to mention anything else, just think about the horse distribution center in Nanjing. How many people does a horse distribution center support.

Suguo didn't know how much advantage he had gained by relying on the horse distribution center.

If it wasn't for Yuanfang's sudden rise in Jiangbei, I am afraid that Suguo has already entered Jiangbei on purpose. All of this is the impact of the Maqun distribution center.

After the negotiation is over, Li Dong doesn't need to intervene in the follow-up matters.

Just when Li Dong was about to work on the affairs of the headquarters, Liu Hongmei, the chief financial officer, approached him and told him that he had no money!

Li Dong couldn't believe it, how could he have no money!

Not long ago, Shen Qian used the land in Washington to borrow 50 million yuan from the bank, and 50 million yuan is not 500 yuan. In addition, Yuanfang's ability to supply blood is extremely strong now, so there will be no problem of breaking funds at all.

Li Dong said with a gloomy face: "Then how much money is there in the distance now?"

"Less than one hundred million."

Li Dong frowned and said, "Why are there so few?"

This is not pretending, it is telling the truth, for Yuanfang now, a reserve fund of 100 million is really not much.

In Li Dong's impression, Yuanfang has more than 200 million yuan in funds that can be used just for the payment of goods and shopping coupons.

In other words, now Yuanfang not only owes the bank a loan of 90 million yuan, but also misappropriated more than 100 million yuan of funds.

The debt of more than 200 million yuan exceeded Li Dong's expectations.

Liu Hongmei had already guessed that Li Dong probably didn't know the exact amount of the money, so she immediately said, "Mr. Li, then I will settle the accounts for you today."

"Let's calculate this account from the beginning of the year. At the beginning of the year, apart from the payment for goods and shopping coupons, there was not a penny left in Yuanfang's account. That is to say, at that time, except for several stores in Qingyang and Longhua stores, we were zero. assets."

"Next, let me tell you about your income this year."

"The six stores in Qingyang and the Longhua store have continued to operate for ten months, with a total profit of 88 million."

"The seven stores in Fucheng opened in July, and they have been in business for five months, with a total profit of 46 million."

"Twelve stores in Tongshan opened in September, and they have been in business for three months, with a total profit of 26 million."

"The five convenience stores in Pingchuan have been in business for two months, and the profit is about 4 million."

"The other ten newly opened stores are temporarily unprofitable, with a total profit of 164 million."

"Then let's calculate the expenses. The 19 stores in Fucheng and Tongshan have invested 40 million yuan, the funds from Baidu's stock transfer have been 75 million yuan, the land in Washington DC has 80 million yuan, and the 39 stores in Pingchuan, large and small, have a total of 40 million yuan. The investment is nearly 200 million, and there are other expenses, cars, floor rent, donations, a total of 25 million. The total is 440 million."

"But our profit is 164 million, the loan is 90 million, and the expenditure is 440 million. In total, the overdraft fund is as high as 186 million!"

After calculating this account, Li Dong was a little dumbfounded.

More than 400 million spent this year?

This has not included the land of the distribution center. If it is added, wouldn't it mean that he spent a total of 500 million yuan this year.

Now the overdraft is more than 100 million, plus the loan, it is almost 280 million.

Thinking of this, Li Dong felt a little dizzy.

No wonder there is no money. I didn't expect to have embezzled more than 100 million in goods and shopping coupons, and it would be good to have 100 million left.

But this money can't be used anymore now. Li Dong is not at ease if there is no reserve of 100 million for such a large stall in the distance.

Where does the money from the distribution center go?

Baidu stock will have to wait until March next year at least to sell. Doesn't that mean that no matter what I want to do, I have to wait.

After thinking for a while, Li Dong asked again: "Is there any place to spend money this year?"

"It's gone for the time being. The money for the Pingchuan branch has been allocated. Now that money should be enough for the construction of the Pingchuan branch."

"As for the distribution center, it's actually not in a hurry. We can delay it on the government side. There are now more than 30 stores in the distance, which can contribute nearly 30 million profits to us every month. Wait for two months. The beginning of the year We’ll have enough money to buy the land at that time.”

Li Dong rubbed his temples, Yuanfang now almost relies on these thirty or so stores for blood supply.

Pingchuan has invested so much here, but in fact, there is almost no gain.

On the one hand, it is because the store has not yet been fully built, and on the other hand, it is hurting others because of the price war with several supermarkets.

Otherwise, when the more than 30 stores in Pingchuan opened, it would bring him about 20 million contributions in a month.

In this way, all the stores are normally profitable, and they should be able to bring themselves about 50 million in income every month.

The annual profit can reach 600 million. With so much money, I can do whatever I want.

It's a pity that these are all fantasies. Pingchuan's side is almost becoming a money-eating machine, and no amount of money is enough to spend.

Especially on the side of the distribution center, nearly 200 million investment, and at least 100 million on the Washington side, totaling 300 million.

Even if Li Dong sells the stocks now and pays back the shortfall, the remaining money may barely meet his requirements.

Counting back and forth, after this year, Li Dong has no penny left on hand, even the stocks are counted.

However, according to his calculation, in this year, he has gained one more headquarters, one more distribution center, and more than 60 more stores.

This is all his harvest and all the capital he has on hand.

Li Dongxian did some calculations out of boredom, and it shouldn't be a big problem if the current price of 70 stores is 350 million.

The land and buildings in Washington are priced at 250 million yuan, which is not a problem.

The distribution center is calculated at 200 million. In this way, the total assets on hand have reached 800 million.

Of course, there are some things that Li Dong hasn't counted yet.

For example, the value-added of stores and distant brands, these intangible assets are actually of great value.

If you really want to count it down, not to mention one billion, it's not far off.

Li Dong took a deep breath, he didn't expect that he was really rich.

Before others said that he was a billionaire, Li Dong wanted to slap them, but now it seems that those people have foresight.

It's a pity that Li Dong, who is a billionaire, can't even afford to buy a piece of land now.

Sixty million, this is not a small number.

It seems that there is no way to start construction this year. It just happens that the weather is freezing right now, so we have to postpone it until next year.

Moreover, those annoying supermarkets had to be resolved as soon as possible. For a few supermarkets, I lost too much.

If it wasn't for these supermarkets making trouble, by the end of the year, all Pingchuan stores would be open.

At least 20 million income can be brought to oneself every month, which is still the minimum.

If the business is better and the family dominates, there may be more.

Li Dong wanted to procrastinate before, but now it seems that he can't procrastinate.

The headquarters and the distribution center have no money right now, and they can't move if they want to. That means there is only one thing they can do this year.

There is still more than a month before the Chinese New Year, and the peak period at the end of the year is about to begin.

If there is still a price war at this time, then I will really lose a lot.

One month, one month at most must solve these guys!

Li Dong gritted his teeth, he didn't believe it, these supermarkets could fight him with just one branch!

(To be continued.)