Chapter 739: Billion Group Plan

The second day in Beijing.

Li Dong rushed to the Beijing-Tianjin branch of Yuanfang Supermarket.

The last time I came here, the Beijing-Tianjin branch was just working in a dilapidated old building with less than 50 employees.

When I came to the branch again, it felt completely different.

In the 36-story commercial building, Yuanfang occupies one floor exclusively. The office area is nearly 2,000 square meters, and the number of employees has doubled to nearly 200.

While leading Li Dong around, Qi Yunna said with distress: "Mr. Li, the expenses in the capital are too high. The rent of the office building alone is nearly 100,000 yuan per month. The salary of the employees is also more than 80 yuan per month. Ten thousand, plus other odds and ends, we do nothing and spend more than one million a month."

Li Dong said with a smile: "I don't want my children to be tied to wolves. The capital is definitely more expensive than Jiangbei."

Qi Yunna sighed: "It's only been a few months since I came to the capital. Although Suning has paid for the project, we have spent nearly ten million on all kinds of mess here."

With 10 million yuan, two or three stores can be opened in Jiangbei.

But here in the capital, they didn't spend a dime on the project, and the additional cost alone was close to tens of millions. Generally, smaller companies might be dragged down by this.

Seeing Qi Yunna's distressed face, Li Dong smiled and said: "Relax a little, as long as it's not spent indiscriminately, this money is nothing."

Leaving those words behind, Li Dong turned around and asked the financial manager, "How much Suning has invested now, has there been any statistics?"

The financial manager of the branch is a woman in her 40s. Hearing Li Dong's question, she immediately nodded and said: "We have counted, we now make a summary every three days, and report the results to the company. As of yesterday, that is, 6 On the 14th, Suning invested a total of 2.6 billion in two phases.

At present, the total cost is 1.868 billion, and the book balance is 732 million. "

"It took so much?"

Li Dong took a breath, frowned slightly and said, "Have all the accounts been reviewed?"

The financial manager nodded and said: "It has been reviewed, and there is no problem with the accounts on the surface."

The reason why I specifically said something obvious is because the money is controlled by Suning. There is no way to review how Suning spent it, how much it spent, and whether there is any problem.

It doesn't matter to Li Dong, there are only two requirements for cooperation between the two parties. First, Suning advances capital.

Second, stores complement each other.

As for the actual cost, each spends his own money. The money Suning spent was not real, and Li Dong didn't bother to care about it, as long as it wasn't too much.

The reason why he was afraid that Suning would go too far was mainly because he was afraid that the other party would falsely report the accounts.

Before Li Dong and Suning had an agreement, once the initial funds were used up, Li Dong must immediately contribute to continue.

Now that Suning spends the money so quickly, Li Dong is afraid that the other party will deliberately falsely report the expenditure, resulting in no money on the books. At that time, Li Dong will pay the capital.

Regardless of whether you have to pay sooner or later, the difference between one day sooner or later is very big.

Billions of cash flow can sometimes bring countless changes and influences.

After thinking about it in his mind, Li Dong asked again: "According to the current plan, how long can the money last?"

The financial manager was not very clear about this, but looked at the director of the project planning department. The director of the project department immediately said: "According to our current plan, from this month to next month, we need to prepare a total of 12 self-built stores and new leased stores. 24.

And part of the project payment in the early stage needs to be settled. At the end of July at most, the money will probably be spent. "

"Then how much will be invested in the future? Do you have a budget?"

"I have made several budgets. According to the current plan, the budget is around 2 billion."

"In this way, the total investment is 4.6 billion, right? How much do we need to invest unilaterally?"

"Because the decoration cost of supermarkets is slightly higher than that of home appliance stores, and we need a larger space, we spend more on the total investment, which is about 2.5 billion."

Li Dong said, "So, when the money is spent by the end of July,

Not to mention that I have to invest 2 billion in the early stage, after the completion of the project, should I pay another 500 million? "

The director of the project department quickly said: "The 500 million yuan is not so urgent. We can pay off the project acceptance fee and some other payments within the next two years."

"That is not bad."

Li Dong breathed a sigh of relief, 500 million less is 500 million, money is not so easy to earn.

The previous investment in Sichuan Airlines must be made in cash. This is a must, which means that the 2.5 billion Sichuan Airlines must arrive as soon as possible.

The cost of the North Bay Logistics Park is not small.

Even if the government gives a policy, it can spend less in the early stage, but if the first phase of construction is not prepared for about 1 billion, I am afraid it will not be able to finish.

The follow-up money can probably be settled with a loan or postponed until next year, and then add the 2 billion from Beijing and Tianjin, and the total needs to be prepared for 5.5 billion in Yuanfang.

Fortunately, after selling the land of Dongyu Real Estate, Yuanfang has sufficient cash flow on its books.

After removing these expenses and adding future profits, there should be about 2 billion funds left on the books.

However, the mall and the logistics side also need money. Weibo will be launched soon, the logistics side is still expanding, and the construction of storage centers in various places, the 2 billion is probably determined.

After all the calculations, it will probably last until the end of the year.

As for the funding problem that I was worried about before, even if I don’t have a loan, it is enough.

It's not that the speed of making money in Yuanfang has increased, but the main reason is that a large amount of land has been sold, and the investment in the logistics park is not in place at one time.

Otherwise, without the seven or eight billion yuan of capital flow from the real estate company, the problem would not be as big as usual.

After asking about the money, Li Dong said again: "Continue to speed up and strive to open all of our 100 stores before the end of the year!"

The addition of hundreds of new stores in Beijing and Tianjin, together with the addition of hundreds of stores in other provinces, if they are all put into operation this year, the total number of stores in Yuanfang Supermarket will exceed 500.

Regardless of scale, Yuanfang Supermarket can probably enter the top ten in the retail industry in terms of quantity.

As far as supermarkets are concerned, the ranking will only be higher.

The sales volume entered the top ten, and the number of stores entered the top ten. By 2008, Yuanfang Supermarket could also be called the domestic retail hegemony.

Unlike the previous Jiangbei overlord, this time it is a national leading enterprise.

After talking about money and construction speed, the last remaining problem is people.

Thinking of the problem of talents, Li Dong asked Qi Yunna: "How are the recruitment fairs in major universities going?"

Qi Yunna smiled happily when she heard the words: "The effect is remarkable! Especially the news that the group has invested in Sichuan Airlines and plans to build the No. 1 logistics park in East China has spread, and students from major universities are even more eager for us.

Also, with the development of the mall's national strategy, Yuanfang's reputation is getting better day by day.

Now some colleges and universities do not need us to contact, but they take the initiative to contact us, hoping to hold campus job fairs in the school.

Many of them are key universities, including some 985 universities. "

"Is there any result yet?"

"Since mid-May, we have held a total of 32 campus job fairs. We have received more than 5,000 resumes, and after screening, we have admitted 1,000 people. For Beijing and Tianjin, we expect to leave about 200 people, and the others will be assigned. all over the country."

"These fresh graduates, your policy is a little more inclined. They have never experienced the influence of society. If they manage well, they can provide a large number of backup backbones for the group. If they are not well trained, they will cut off our way out. Thinking about these students entering a distant place, the difficulty has also increased a lot.”

Everyone nodded quickly.

Li Dong said a few words, then inspected the office building.

After the inspection was over, Li Dong saw a lot of employees gathered around, and then said after pondering for a moment: "Although the conditions are better than before, they still haven't met my expectations."

"Beijing and Tianjin are the center of China's political map, and it is of great significance for a distant place to gain a foothold here."

"According to the group's plan, in the future we will build a national business empire with Beijing-Tianjin, Jiangbei, and Shanghai as the three core points."

"The Beijing-Tianjin branch is one of the three core points. We need to take a long-term view and raise our requirements. In the next three years, Yuanfang will definitely build our own building in Beijing and Tianjin to form a complete industrial system!

Whether it's logistics or shopping malls, including real estate companies, I hope to all enter North China!

The goal seems a bit lofty, but in fact there is no impossible task in the distance!

When I held a meeting three years ago, I said that I wanted to build a distant headquarters and a distant distribution center. Everyone thought I was bragging, and everyone thought it was an impossible task!

But now?

At that time, Yuanfang was founded not long ago, with no more than ten stores and assets of less than 100 million yuan.

Now the number of Yuanfang supermarket stores will reach 500!

The strategic goal of 1,000 logistics distribution points will be completed before the end of the year, and the new construction of supermarket distribution centers includes a total of 5 under planning!

There is also the upcoming Beiwan Logistics Park, the No. 1 Logistics Park in East China!

It's only been three years, and now the first three-year plan has been completed, and it has far exceeded my expectations.

In the next three years, that is, before 2010, I will build Yuanfang into a group of hundreds of billions!

..."

Li Dong's tone was not high-spirited, but a group of employees in the Beijing-Tianjin branch were excited to hear it.

The same is true for high-level officials including Qi Yunna.

Hundred billion group plan!

This is the first time Li Dong has expressed his heart in recent years, and the first time he has set a big goal for Yuanfang Group in public.

At present, the market value of Yuanfang Group is less than 30 billion, and its net assets do not exceed 20 billion.

Whether the market value reaches 100 billion or the net assets reach 100 billion, this is an incomparably huge leap.

Can they do it in just three years?

Regardless of whether it is possible or not, it is exciting enough to think about it, especially Li Dong also said that the Beijing-Tianjin Association will be one of the three core strategic points in the future, which is more worthy of attention.

Once this strategic goal is accomplished, everyone present may have the opportunity to take up a higher position.

At this moment, everyone looked at Li Dong with expectations and admiration.