In the meeting room, Yuan Chengdao started his report.
"So far away, our offline department stores and home appliances business had a total revenue of 70 billion in the first quarter.
In the second quarter, Beijing's department stores had withdrawn, and this affected us a little.
But in the second quarter, we were competing with Tencent, and the smartphone market was opened up, so our sales did not fall. Instead, our sales rose as the economy recovered.
In the second quarter, our department stores and home appliances business had a total revenue of 76 billion.
Our offline stores business had a revenue of 146 billion in the last two quarters, which exceeded last year's results. Of course, this is after we merged with Gome.
As for the online business, although it is currently under Far away Technology, I will temporarily count it as a retail business. In the first quarter, the total B2C and C2C transactions was 50 billion. In the second quarter, with the increase of Wanjia's online and mobile services, the results were much better, reaching 70 billion.
In the last two quarters, the total online transactions was 120 billion, but the C2C transactions had reached about 30 billion.
In fact, our online revenue is within the range of 90 billion. So far away retail's total revenue in the first half of the year is 236 billion.
This result had exceeded So far away's results last year.
This is mainly related to this year's economic recovery. The government had also introduced a series of policies. This year, all industries have improved greatly compared to last year.
I said before that So far away is confident of reaching 500 billion this year. If everything goes well, So far away retail and e-commerce will be able to reach this target.
Other than So far away retail and e-commerce, Dong Yu Real Estate did not carry out any external sales and development activities this year, and it is almost negligible.
So far away logistics' performance is not bad. Including the logistics park, the revenue for the last two quarters had reached 12 billion. Among the current logistics companies, So far away is also one of the top.
Among the logistics companies in Hua Xia, So far away logistics is currently ranked fourth.
I'm afraid it will be difficult for us to fight for the top three … "
Yuan Chengdao knew Li Dong's character, and he was worried that Li Dong would shout slogans in this area again. So, he stopped him in advance.
Logistics was not equivalent to express delivery. Logistics could include express delivery, but express delivery was only a branch of logistics. The two were different.
Among the logistics companies in Hua Xia, SF Express delivery companies could be considered logistics companies. However, SF Express's overall ranking wasn't high.
Hua Xia Ocean Shipping Group, which ranked first, had a revenue of more than 70 billion in the past two quarters.
The second-ranked Hua Xia Shipping Group had a revenue of 35 billion in the past two quarters.
The third was Hua Xia Foreign Trade Transportation Group, which had a revenue of 30 billion yuan in the past two quarters.
Far away logistics.
Shunfeng, on the other hand, was currently ranked 16th in the entire logistics system. Its revenue for the first half of the year was less than 3 billion.
Among the logistics companies, the gap was still relatively large. The top three companies were not on the same level as the companies behind them.
So far away, the gap between the third place Hua Xia Foreign Trade and Transportation Corporation was tens of billions. Such a gap was very difficult to catch up in the logistics industry.
Furthermore, the top three giants were in the international transportation industry. So far away did not have the ability to do so. If it wasn't for them establishing an airline company, they wouldn't even be able to compete for the fourth place.
Yuan Chengdao mentioned this, and Li Dong glanced at him and didn't say anything.
Did this guy really think that he only knew how to shout slogans?
Li Dong had never thought that a logistics company could be in the top three.
Just based on Hua Xia's domestic performance, even if the e-commerce industry exploded and the express delivery business skyrocketed, Shunfeng could only achieve 50 billion in the past 16 years.
As for the top three logistics giants, the first had already exceeded the 100 billion mark, and the second and third were trying to break through the 100 billion mark.
With such a gap, no matter how much the domestic market exploded, So far away would also be hard to catch up.
Li Dong had never thought of doing global logistics. Not to mention the amount of funds needed, it would take at least three to five years to open up international routes.
Even if it was opened up, the funds needed would be astronomical.
If there was such a need, they might as well cooperate with other companies.
Seeing that Li Dong didn't say anything, Yuan Chengdao heaved a sigh of relief and continued. "Other than that, our investment companies and holding companies can also be counted as our own revenue.
In the first half of the year, these companies had generated 20 billion in revenue.
Lastly, So far away Technology. So far away Technology's revenue is not high. Even with Tencent, it had only broken the 7 billion mark in the first half of the year. Of course, e-commerce is not included.
So, So far away Technology's revenue for the first half of the year is 268 billion.
In addition, C2C had generated 30 billion in transactions.
In terms of profits, the total profits of all the companies in the first half of the year is 20 billion.
But compared to the expenses … "
Li Dong said angrily. "I asked you to summarize, not to complain!"
These guys were always saying that profits and expenses were not proportional.
So far away, the expenses had been terrifying, but most of it was in debt. Li Dong doesn't usually calculate this.
It wasn't like he didn't know about this. He didn't need these people to remind him.
Li Dong did not allow him to continue his report. He then said, "So, including our C2C, the total revenue for the first half of the year is close to the 300 billion mark?"
Yuan Chengdao nodded and said, "That's right."
"When we acquired Paipai Net, I said that our online transaction volume reached 400 billion in 2009. Now it's 120 billion. Offline, it reached 300 billion. Now it's 146 billion. Offline, there are almost no problems at the moment. If we can't break through the 300 billion mark, it's not for any other reason. So far away will go bankrupt. But online, it's not easy. "
Li Dong had set a strategic goal of 400 billion, and now it was less than a third of it.
With this kind of result, even if there was an explosion in the future, it would be difficult to complete 280 billion in transactions in the second half of the year.
And this was with Wanjia.Com's business. It would be even more difficult if not.
After pondering for a moment, Li Dong looked at Tan Haiying and said, "What's the current mobile market share?"
Tan Haiying hurriedly said, "The consumer group of mobile devices is now rapidly expanding. Currently, it's almost 10% of the market share. Of course, this is the statistics for June. The market share for May is still very low.
"With the rise of the mobile Internet, this market share will increase. Moreover, we are now working on a consumer loan plan. It will definitely increase in the future.
Plus, the market is also expanding. I think it shouldn't be a problem to increase it to 60 billion in the second half of the year.
Therefore, in the second half of the year, the revenue of the entire e-commerce industry must exceed 180 billion.
Not to mention the target of 400 billion, you must achieve 300 billion!
And among them, the revenue of our self-operated business must reach 220 billion!
The current scale of the offline system also needs to increase in the second half of the year. Since 300 billion can be achieved, I'll give you an additional target of 50 billion.
In the end, based on our current system, Distance's retail sales can reach 570 billion.
So far away, for logistics, let's tentatively set it at 30 billion. Logistics is actually more difficult to achieve a breakthrough. But with the prosperity of e-commerce, the performance of logistics will also increase a lot.
So far away, technology, excluding e-commerce, Weibo, Tencent, and other businesses, strive to exceed the 20 billion mark.
Together with the production companies that we hold a controlling stake in, they will create 50 billion in annual revenue for us.
If we can achieve the set goals, in the end, So far away's revenue will exceed the 670 billion mark, and C2C's performance will reach 80 billion.
In this case, we will be very close to the trillion-dollar target.
Later on, we will include the retail companies that we cooperate with. As long as they create about 300 billion in revenue, So far away will publicize that the annual revenue will exceed the trillion-dollar mark!
The trillion-dollar target can be considered achieved. I think no one will continue to take what I said at the media conference as bullshit, right? "
When Li Dong said this, no one spoke.
Can the companies we cooperate with be counted?
Obviously not!
So far away is not a controlling stake. If we really count all of them, we can just casually spend some money to invest in companies with higher revenue in the future. This way, Wal-Mart will not be number one.
But even if we don't include these companies and C2C businesses, if So far away can really achieve Li Dong's target, the annual revenue will reach more than 600 billion. It will be several times more than last year, and it will be very scary.
Last year, So far away boasted that the revenue was close to 230 billion, but in fact, it was still quite far away. It was only about 200 billion.
This year, So far away exceeded last year's total revenue in the first half of the year. It has to be said that it is very scary.
Among them, the growth of Gome and online sales is the main reason.
Otherwise, So far away will not be able to achieve this.
Li Dong ignored them and continued, "I am talking about the current scale. The later scale will be calculated separately. So, don't confuse these concepts when you sum up at the end of the year. We will strive to make So far away reach 100 billion US dollars by the end of the year. In this way, we will be ranked in the world's top 500 next year, and we will be in the top 100 or even higher. As for this year's expenditure, I will look at it myself later. There is no need to report it. By the way, has Tencent's application for resumption been submitted? "
Liu Hong shook his head and said, "Not yet. There are still some things that have not been sorted out. We are going to submit the application in late July.
In terms of time, if the approval goes well, it will not be difficult for Tencent to resume trading in mid-August.
However, Tencent hopes to hold a roadshow when it resumes trading.
Everyone hopes that General Manager Li can participate in it, and the location will be in Hong Kong.
By the way, there is also Weibo. Weibo is an IPO in the United States.
What Wang Xin means is that he hopes to conduct a large-scale roadshow tour.
There will be a roadshow in famous cities around the world, and there will be about ten in total. General Manager Li, what do you think … "
Compared with Tencent's resumption, Weibo's initial listing in the United States made everyone more nervous and uneasy.
Therefore, the roadshow plan prepared was also very strong.
More than ten roadshows around the world were also the minimum requirements.
Now, in fact, the roadshow plan had already been put on the agenda. In late July or early August, if Weibo wanted to be listed before August 18, it would definitely have to start the roadshow.
Liu Hong told him in advance now, lest Li Dong said he would not go, and that would be the end of it.
If Li Dong did not go, the effect of the roadshow would be greatly reduced.
If the world's richest man went to the roadshow in person, it would be more likely to impress investors.
Li Dong was not as difficult to communicate as Liu Hong thought. After thinking for a moment, he said, "Then send me the roadshow plan later, and I will arrange the time."
Weibo's listing was also related to a series of follow-up plans.
Not to mention these plans, even if it was to make money, Li Dong would not really ignore it.
It was just a roadshow. Who didn't know how to brag?
It was just ten shows. If it was in a hurry, ten days to half a month would be enough.
After spending so much time on the roadshow, even if the stock price did not double, even if it increased by 10%, Li Dong would still make a lot of money.
Hearing Li Dong said this, Liu Hong and Wang Xin were a little excited. It seemed that there was no problem.
With Li Dong, they felt that the roadshow would definitely go smoothly.
At that time, investors around the world would flock to Weibo, and maybe Weibo could burst out with more value than Tencent.
Of course, from the current point of view, there was not much hope. Unless the price of a single Weibo stock could reach about 100 US dollars, it was almost impossible to exceed Tencent.
The pricing range of Weibo was up to 40 US dollars. Could it reach more than 100 US dollars after the listing?
The current 40 US dollars was actually not low. To want to double this foundation, no matter how much Li Dong bragged, investors might not buy it.
Everyone talked for a while. At the end of the meeting, Li Dong said, "Don't disclose today's summary to the public for the time being.
I will announce it on the day of the charity night.
It was a live broadcast that day, and it allowed people to clearly see the strength of Far away.
It seemed that it had not been long since the annual meeting. Far Away had made another breakthrough, and it also made everyone feel at ease and less worried.
Far Away was now starting to fight for Hua Xia's first place and ranking in the world's top 20. With such a company Far Away, what was there to be worried about?
Financing Far Away, buying Far Away bonds, shopping Far Away, getting loans Far Away …
All of these were reliable!
Once Tencent resumed trading and Weibo got listed, it would be even more reliable!
Far Away is also one of the top companies in the world. Such a company, even I am tempted. If I had tens of billions, I would want to invest in Far Away too … "
The others did not pay much attention to his bragging, but Yuan Chengdao frowned again.
Now, he had already guessed Li Dong's goal and plan.
This guy, in order to raise funds, was now laying the groundwork and preparing in advance.
Reaching trillions in revenue, and Hua Xia's first place and ranking in the world's top 20.
Coupled with Tencent's resumption of trading and Weibo's listing, this series of words and actions, others might really flock to Far Away.
The key was that there was no need for Li Dong to do this for a low amount of financing.
He was making such a big fuss now, and with so many movements, it was obvious that he was not thinking of a low amount of financing.
10 billion was just testing the waters. What was Li Dong's plan and goal?
100 billion?
Previously, Yuan Chengdao thought that 100 billion was the upper limit. Now, it seemed that 100 billion might not even reach Li Dong's bottom line.
Raising 200 billion would mean paying tens of billions in interest every year. Was such a risk really worth it?
Although he had a stomach full of words to say, Yuan Chengdao thought for a while and in the end, he did not say anything.
Previously, Li Dong seemed to be ready to retire.
In the end, after he returned at the end of June, the group seemed to be the same as before. There was not much change.
But in fact, Li Dong had begun to withdraw power again.
Now, almost all the major matters of the group were handled by Li Dong. After he was done with the arrangements, it would be the Executive Committee and the Board of Directors' turn to handle it.
From this sign and Li Dong's goal, Yuan Chengdao now understood that becoming the Chairman of the Board of Directors was out of the question for the time being.
With so many big plans in front of him, with Li Dong's personality, he would not let them go until they were done.
And how long would this take?
Three years?
Five years?
Under Li Dong's heavy pressure, under Li Dong's expansion regardless of the cost, could he really wait until that time?
If he succeeded, then Li Dong would retire successfully, and he might inherit a huge business empire beyond imagination.
But if he failed, then Far Away, even if it did not collapse, it would fall from the A-list.
Thinking of this, Yuan Chengdao felt a little melancholy.
For the time being, Li Dong did not know about Yuan Chengdao's melancholy. If he knew, he would probably say, "Aren't you afraid that you are thinking too much?"
He did not say that the group would definitely be handed over to Yuan Chengdao to manage. Why was he thinking so much now?
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