Far away from the building.
When Li Dong arrived, he was once again greeted with a wave of congratulations.
This year was Li Dong's harvest year.
Marrying a wife, having children, going public, becoming famous around the world …
Each and every one of them was a major event.
For an ordinary person, it was almost impossible to achieve all of these in one year.
But Li Dong did it!
Now, who didn't think that Li Dong was the biggest winner in the world? Not to mention that he was so young. He was the biggest winner among the big winners.
The employees he met all congratulated Li Dong with a proud smile.
Because Li Dong's success was, in fact, their success.
At least, these people at the headquarters almost all received Tencent shares. Some people also received Weibo shares. Now that everyone's net worth had skyrocketed, who wouldn't be happy?
…
With a smile on his face, Li Dong nodded to the employees he met.
It wasn't until he entered the elevator that Li Dong's smile disappeared.
At this time, the assistant who took over Bai Su's shift quickly reported, "General Manager Li, CEO Yuan and the others are all waiting for you in the conference room. In addition, CEO Sun from Shanghai is back. And CEO Qi from Hua Bei District also rushed back today … "
"Why didn't you inform me that Qi Yunna is back?"
Li Dong asked. The new assistant suddenly felt like she was being questioned. Didn't you say that I don't need to call you if it's not a big deal?
Is Qi Yunna's return a big deal?
At least in the assistant's eyes, it was not a big deal. Qi Yunna was only the regional CEO of the retail group. She was still a few levels below Li Dong.
Li Dong didn't mention Sun Tao. Instead, he asked why Qi Yunna didn't inform him. The assistant didn't know what to say.
Li Dong glanced at her and frowned slightly. "Did you read the information during the handover?"
The assistant quickly said, "I read it all."
"Since you read it, Qi Yunna is responsible for developing the northern market and wants to start the international retail expansion from the north. Don't you know? Or do you still not know what the core of Faraway Group is? "
"I …"
The female assistant suddenly became a little nervous. Li Dong didn't say anything after seeing this. He looked at the time and said, "When did she come back?"
"Just arrived not long ago."
"You suddenly came back without even informing me. How's your expression?"
"I'm quite happy …"
"Got it."
Li Dong responded. When the elevator reached the floor, Li Dong walked straight to the conference room.
…
In the meeting room.
Qi Yunna was considered late. Logically speaking, there was no place for Qi Yunna at this time. After all, her rank was not high and she did not have the right to directly participate in the highest level meeting.
However, when Qi Yunna returned, she did not see Li Dong. She reported a few words to Yuan Chengdao. Yuan Chengdao specially asked her to attend the meeting and personally report to Li Dong later.
However, the assistant told Li Dong that Qi Yunna was in a good mood when she came back.
But at this time, Qi Yunna's face was a little gloomy.
Before Li Dong entered the door, Qi Yunna's face was slightly ugly. She looked at Chen Lang and said, "President Chen, open the northern market, enter Russia from the north, and then enter the European market from Russia. General Manager Li also agreed to this …"
Chen Lang knew that Qi Yunna was an old person from Far Away and was even a direct descendant of Li Dong.
But at this time, Chen Lang said seriously, "President Qi, it's not that I reject your proposal.
The key is that Far Away has already taken over Top Hundred!
Now, we are in the southern market, besieged on all sides. All retail companies see us as a target and opponent.
The situation in the south is very tense now.
We are being surrounded!
President Sun came back this time to ask the headquarters to support the south, increase investment in the south, and expand market share. Next, not only the department store business, but also the Gome home appliances business, whose headquarters had moved to Shanghai, will also increase investment in the south.
Also, our boutique supermarket will go online, and the southern commercial square will move in …
These were all important matters of the highest priority!
They had spent 2 billion USD to take over Top Hundred, and Far Away had fallen out with Changjiang.
Should they turn around and attack the north now?
Yes. General Manager Li had said to attack from all sides, but there is a condition. At that time, Top Hundred had not been taken over yet. Whoever takes down their opponent first will expand from that direction!
That was in July, and now it is September. We had spent a lot of manpower and resources in the southern market, and President Sun and President Wang had been there for half a year.
Also, the north's economy is not as good as the south.
Even if your plan succeeds and enter the Russian market, Russia's retail industry is not developed. Can you recoup the cost if you invest in Russia?
Since this is the case, why do you need to do this? Why not enter the international market from the south?
This way, we can save a lot of money, and we can use this money to invest in Europe and the US. I think the returns will be higher. "
Qi Yunna kept quiet for a while and said. "I admit that what you said is the truth.
But President Chen, don't forget General Manager Li had said that we are not aiming for profits now.
Most importantly, we have a well-developed system and a complete layout.
In the north, our system is being compressed, and our scale is also shrinking. At this time, what we need to do is not to strengthen our local forces.
We need to balance our forces, and we will not have a top-heavy situation.
The competition in the south is very fierce, and the north is the strongest!
Great Shang is preparing to move out of the three eastern provinces to expand their advantage and establish their position as the overlord of the north.
At this time, even if we do not want to enter the international market, we should also reduce the space for Great Shang to survive and not let them be the strongest.
If not, once Great Shang moves out of the northeast and enters the north and northwest regions, we will have to fight to the death in the south, and a new overlord will appear in the north.
Now, China Resources, Bailian, Wal-Mart, and Gao Xin are transferring a lot of resources to the south.
Their attitude is clear. Even if they give up the north market, they will not give up the south market. After all, that is their gateway.
As for the north, Great Shang is the strongest, and they do not care.
Now, these few companies are the overlords of their regions, and they had given up on the whole country.
Our position is different from theirs. They can give up, but we can't! "
Sun Tao frowned slightly. After she finished speaking, he said slowly, "Yunna, I can understand your feelings.
You have always been the one managing the north. You do not wish to lose the north market, and neither do we.
But there are priorities. No matter how big Great Shang is, their foundation is there.
The most terrifying outcome is that Great Shang will at most control the north retail market.
But the few giants in the south are different. China Resources, Bailian, Gao Xin, and Wal-Mart are all strong companies, and their foundations are much deeper than Great Shang's.
Once the south loses, these companies may sweep the entire Hua Xia market and swallow the entire Far away retail market.
At that time, the losses will be extremely heavy!
Yunna, tell me, do you want to see such a situation happen? "
Qi Yunna bit her lips and did not speak for a while.
Liu Qi consoled her softly. At this time, footsteps came from the door of the conference room.
Yuan Chengdao, who had been silent all this while, said, "General Manager Li is here. Let's talk later if you have any opinions."
Everyone nodded in unison. Not long after, Li Dong entered the room.
…
Li Dong entered the room, looked around, and smiled. "I heard you guys discussing from afar. What are you guys talking about?"
Yuan Chengdao waited for him to sit down, and said simply, "Chief Qi has made progress in the north. Wumart has agreed to discuss the acquisition, but the price is not low. Chief Chen and Chief Sun mean that although Wumart's scale in the north is not small, it is actually going downhill. Far away retail has just acquired Baijia, and the company's manpower and resources are all invested in the south. We can put the north side aside for now. When the situation in the south stabilizes, we can consider the north. "
Chen Lang continued, "General Manager Li, what I said is the truth.
What's more, Wumart is not Great Shang. If it was Great Shang this time, we could still talk. Great Shang controls the retail market in the three provinces in the northeast. Once we take over, we will be the overlord.
But the north China where Wumart is located is in chaos.
All the companies have their own arrangements in the north China region, and their strength is not too weak.
Wumart is actually holding on. Now that we have taken over Wumart, we have to invest a lot of energy and money in the north.
We also have to face the expansion of Great Shang and the attacks of other companies.
Oh right, we just withdrew from Beijing at the beginning of the year. Now that the situation has changed, there was no need to withdraw from the Beijing market in the first place … "
Qi Yunna said unwillingly, "This is different. Times have changed! At that time, it was forced by the situation. But now, Far away has entered the world's top 500, and General Manager Li has also established his position as the world's richest man. At this time, when we return, the treatment and attitude will be completely different! Moreover, north China is the political center. Far away is Hua Xia's largest retail brand, but its retail business in north China is so sluggish. This will cause the outside world to question … "
Chen Lang still shook his head and said, "CEO Qi, you can't say that.
If it's just for face, then accepting Wumart at this time will indeed make us look better.
But the operation of a company still needs to look at the actual benefits and gains and losses.
Spending such a high price on Wumart in north China, and in the end, we still have to add a strong opponent like Great Shang. The gains do not make up for the losses.
Using these manpower and resources, whether we invest them in the south or the international market, we will be able to produce greater benefits.
From the perspective of the company's actual benefits, acquiring Wumart is not a strong alliance. Other than increasing some data to look good, I'm afraid it will ultimately drag us down. "
"But …"
The two of them said a few more words. Li Dong gently knocked on the table and interrupted, "Let's put this aside for now. Qi Yunna, watch your attitude!"
The moment this was said, Qi Yunna immediately fell silent.
Chen Lang was her immediate superior now. In front of so many board members, she had argued with Chen Lang until now. Logically speaking, she had already crossed the line.
Previously, she had been agitated and did not expect Li Dong's words to wake her up. Then, she apologized to Chen Lang, "CEO Chen, I'm sorry."
Chen Lang smiled and shook his head. "The more you argue, the clearer it becomes. Furthermore, this concerns the future direction of the company. It's not something that can be decided by just one person. Everyone should listen to the strategic arrangements that will benefit us."
These words were considered magnanimous, but Yuan Chengdao, who was at the side, glanced at him. He agreed with what Chen Lang had said earlier.
However, when he said "it's not something that can be decided by just one person", didn't you think about who your boss was when you said that?
It's not something that can be decided by just one person. Li Dong has decided, what else can you do?
The matter of the retail industry temporarily came to an end after Li Dong said that it would be put aside.
When the meeting room quietened down, Yuan Chengdao once again talked about the situation in the south. The situation in the south was a little complicated, and the competition was fierce.
This time, Sun Tao had indeed returned to ask for help.
Money was one thing, but it was not the only thing. There were also talents, the company's resources, and a series of other support.
After Li Dong heard this, he slowly said, "That means these companies have gathered a lot of resources in the south's coastal areas, and they are barely maintaining their operations in the other areas?"
When these words came out, Sun Tao was a little shocked and quickly said, "General Manager Li, everyone's attention is actually on us.
They will only be in the south if we are in the south.
If we go to the north, they will also shift their focus. So, the key is not the north or the south, but us.
Everyone has one thought now, and that is not to let us continue to grow.
We have already made a lot of arrangements in the south and invested a lot of resources. Baijia has not finished integrating. At this time, we should focus on operating the south and reduce their market share.
Once we succeed, we can clear most of the obstacles in our way. "
Li Dong glanced at him and said angrily, "Did I say that we should give up on the south?"
After that, Li Dong continued, "It's necessary to operate and invest in the south's coastal areas.
Tens of billions of yuan were not spent for fun.
Now, these companies are using wolf pack tactics to encircle and suppress me. They are trying to make me give up on taking root in the south.
Am I the kind of person who will give up halfway and admit defeat?
I am not afraid of anyone in a war of attrition.
Far away, there are many companies in the south that have joined the Retail Alliance. We might not be able to win against them. Even if we have no problems with our funds, we still need time to renovate our shops.
By the time we are done, it will be too late.
Let our companies start to expand. They will encircle us, and we will encircle them!
Huarun Resources and Bailian, Gaoxin and Wal-Mart are mainly hypermarkets.
A hypermarket, from the investment to the operation, will cost a lot, and it will take a long time.
Also, this is their strategy. They will not open a hypermarket today and a convenience store tomorrow.
Let's put Bailian and Huarun Resources aside and focus on these two companies in the south!
It will be difficult for them to encircle us, but it will be much easier for us to encircle them.
We can open dozens of stores around their hypermarkets, in all the neighborhoods, streets, and even around their hypermarkets.
I want to see how they can continue to operate.
The cost of a hypermarket is high, and now that the rent is rising, coupled with the impact of e-commerce, life is getting harder. If we are diverted like this, we will only suffer losses every day.
As time passes, Wal-Mart will surely withdraw from the Hua Xia market, not to mention Gao Xin … "
Yuan Chengdao frowned. "But we will also suffer heavy losses. Also, our partners might not agree to it. After all, we will be reinvesting resources, and we will not see any returns …"
Li Dong interrupted. "Don't I own 20% of each company's shares? The losses will be deducted from the 20% profit. I think no matter how much we lose, it should be enough, right? "
"This …"
Yuan Chengdao was speechless. Chen Lang pondered for a moment and said. "If we can really force Wal-Mart to its death, it will all be worth it.
I'm just afraid that Wal-Mart will not give up, or they want to use the Hua Xia market to hold us back. If that happens, it will become a long war.
This possibility … is not impossible!
Also, when we encircle these two companies, we will also have to bear the losses from the other companies' attacks on us …
If that happens, the losses will be too great.
I suggest that we move steadily and lay out our plans step by step. In the south, it is not suitable for us to fully expand. First, we will use Baijia and Carrefour as the foundation, and slowly expand outwards.
It might take longer, but the impact will be smaller, and it will be beneficial for us to lay out our plans. "
Li Dong smiled and said, "This method is quite reliable, but the problem is that it takes too long. Too troublesome! Let's spread out, focus on Gao Xin and Wal-Mart, and get rid of them one by one. It doesn't matter if we suffer heavy losses. We are not opening a supermarket now. We are entering the commercial real estate market. Understand? "
Everyone was stunned. Li Dong continued. "The commercial real estate market has entered its golden age.
How much can the losses from the retail business be?
Even if it is a war of attrition, a loss of 10% is considered high, right?
We can use this opportunity to target some commercial real estate and slowly acquire them. As long as we choose well, the return will be more than 50% in two to three years. Even if we are operating at a loss for two to three years, we will be able to earn it back in one go.
Of course, we will be questioned in the early stages, and we will need to invest a lot of money.
But as long as we can get through this difficult period, Far away's future will be bright! "
"This …"
Among the crowd, other than Yuan Chengdao, this was the first time the others heard this news, and they were all stunned.
Li Dong's intention was to use the opportunity of expanding the retail business to expand the commercial real estate market Far away.
But since that is the case, we might as well directly expand the commercial real estate market.
Seeing everyone was still in a daze, Li Dong continued. "Of course, it is also necessary to expand the retail business.
It will not be too eye-catching, and we will not have to bear any infamy.
Why?
Because our retail business is operating at a loss, and we are giving back to the public. As for making some money from the commercial real estate market, that is only right.
The public will also understand that if we do not make money, how are we going to give back to the public?
Also, making money from the commercial real estate market has nothing to do with the public. This is a matter between businessmen.
In the end, our retail business will expand, and we will make money from the commercial real estate market. We will also have a good reputation.
But it is still the same. The initial losses are not small, and the investment is huge.
Other companies will not dare to do it, and they will not be able to do it. They might not be able to wait for that day, and they will be finished midway.
At this time, Ma Yun's words can be used. Today is cruel, tomorrow will be cruel, and the day after tomorrow will be bright.
Other companies will not be able to survive until tomorrow night, and they will be finished midway.
I feel that Far Away will not be so bad. What do you all think? "
Sun Tao was a little uneasy. "General Manager Li, to put it bluntly, Far Away is not weak now, and they can continue to invest for a few years. The other companies might not be able to hold on, and I'm afraid it will be difficult for us too."
Li Dong laughed. "Then didn't you come back to ask for help because you want the group to invest heavily? Now that I have agreed, you are starting to refute me. What are your thoughts? "
"I …" Sun Tao smiled bitterly. "I only hope that the group can focus on the South, and I only want a drop of water. But in the end, you poured a whole basin of water on me. This time, my heart is a little cold."
Li Dong said it casually. Expand the retail business, and expand the commercial real estate scale at the same time.
More importantly, how much would the retail business alone need?
They still need to expand the commercial real estate!
If it was really as Li Dong said, and they can only see the returns in two to three years, the investment in this area would be an astronomical figure.
Far Away could bear such losses and investment?
Li Dong smiled and said, "What are you afraid of? If a basin of water is not enough, we will give them an ocean now! We will beat them until their hearts are cold, and they will vomit blood. In the end, even they will feel cold, and you ask them if they want to retreat or not? Once they retreat, it will be easy. The retail business will no longer lose money, and the commercial real estate will make money, and our profits will be even greater. Don't you think so? "
"But …"
"No buts. Let's settle the domestic battle quickly. We can't drag it out. It has been almost six years offline, and we can't drag it out with them. They can afford to drag it out, but I can't. As for the problem of funds … "
Li Dong paused and looked at Cao Jinsheng. "Far Away, how is the finance side? The last time I asked you to raise funds with ABS, they said it would start in September. I didn't pay attention to it these few days. Is the financing over?"
Cao Jinsheng hurriedly said, "The financing is over. 10 billion RMB, three years, 5.6% interest rate. It was issued on the 1st, and ended on the 3rd. 10 billion USD is just over 1 billion USD, and it's using an international platform to raise funds. There are many people involved, and Far Away's reputation is here. The speed is very fast. "
"10 billion is fast, but do you think Far Away can raise 300 billion USD now?"
Cao Jinsheng's expression changed drastically, and so did the others.
300 billion!
Even if it was in USD, it was more than 40 billion USD. This was not a small amount.
A company with more than 40 billion USD, even if the market value was included, how many companies in the world had such a scale?
Far Away was good. Raising 300 billion USD directly would probably cause a global sensation again.
Li Dong ignored them and said with a smile, "There is one good thing about ABS. The scale of financing is not limited by the size of the net assets, and it breaks through the main credit constraints. Otherwise, it will be like issuing bonds, and it will be limited by 40% of the net assets. Far Away's entire financing will not be able to raise 300 billion RMB. This thing still depends on credibility. Do you think Far Away's credibility can raise 300 billion? "
No one spoke. Everyone was still in shock.
300 billion USD. Even if they could really raise 300 billion USD, just the annual interest alone would be 16.8 billion USD, based on the previous 5.6%!
Far Away's other loans, in the future, the annual interest would be as high as 30 billion USD!
After three years, the interest would be 100 billion USD.
Li Dong said that other companies could not afford it, but Far Away could?
If there were any problems along the way and the losses were big, it would be even more serious. It was too risky!
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