In the meeting room, Li Dong proposed to raise 300 billion RMB, and the noisy meeting room quietened down.
Li Dong continued. "Let's not talk about whether we can succeed in raising 300 billion RMB. Let's talk about whether it's worth it or not. Based on the previous interest rate, the annual interest and administrative fees will be about 17 billion RMB a year. How are we going to spend 300 billion RMB? There are already quite a number of stores in the south. This time, our targets are Gao Xin and Wal-Mart. How many supermarkets are there in the coastal area? "
Chen Lang thought for a moment and said after a while, "The coastal areas are mainly in Guangdong Province, Minnan Province, and Zhejiang Province.
As Jiangzhe is adjacent to Jiangbei, we are not weak in Jiangzhe, and we have an absolute advantage. Even Huarun is slightly weaker than us.
The other two companies do not have many stores.
So, the coastal areas in the South are mainly Guangdong and Minnan.
Of course, this includes Hong Kong, Macau, and Taiwan.
In addition, the Shanghai market is currently the most respected. We can ignore it for now.
Gao Xin and Wal-Mart have close to 100 stores in these areas. "
It's just two provinces, including Hong Kong, Macau, and Taiwan. There are more than 100 stores in these two provinces!
It doesn't sound like a lot, but in fact, Wal-Mart only has 300 stores in Hua Xia.
Even if Wal-Mart and Gao Xin split the profits equally, Wal-Mart has one-sixth of its stores in these two provinces.
This shows how much investment these companies have in the South.
A hypermarket is set at 10,000 square meters. Due to the differences in labor costs and rent, there is a big difference in investment. However, the average investment for Wal-Mart and RT-Mart's hypermarkets is more than 20 million RMB.
This is because the other party is a big company, and many of the costs can be ignored.
For example, the other party does not spend their own money on inventory. If not, a private hypermarket with more than 10,000 square meters will cost more than 50%.
This is not considered self-operated property. In fact, the proportion of self-operated property in China by foreign investors is not high.
Similarly, this does not include logistics costs and other expenses.
That was the cost of the store.
After Chen Lang finished speaking, Li Dong narrowed his eyes and said, "100. They are hypermarkets, so we can't open hypermarkets like them. We should focus on squeezing their business in the early stages.
There were more than a dozen supermarkets around 1,000 square meters near each hypermarket.
In terms of cost, it should be about the same as them, maybe even slightly higher. After all, the stores were spread out, and some things were more expensive to invest in.
In addition to the investment in logistics, distribution centers, warehouses, and so on, a total investment of 5 to 7 billion should be enough to complete the encirclement.
Of course, encircling and annihilating them isn't our goal. Our goal is still to expand ourselves.
It's not enough to just run a small supermarket. We still have to prepare our own flagship store, a hypermarket.
There were at least 100 shopping malls to be built in the coastal provinces.
Together with our current system, we should be able to take over the market left behind by these two companies.
In that case, the final investment would probably exceed 15 billion.
As I said, I also want to buy a batch of self-managed properties. Commercial real estate is the main source of money. In the coastal area, I plan to buy around 1 million square meters of self-managed property area.
The price of commercial real estate is not low. Even now, the average price is more than 8,000 RMB, and it will continue to rise in the future.
With a budget of 10000 RMB per square meter, it will be 10 billion.
Adding everything together, the total investment in the southern coastal area should be less than 30 billion. That's about it. What do you all think? "
The rest looked at each other. After a while, Sun Tao said, "General Manager Li, we have already invested a few billion in these two provinces. Including Baxter, the total investment is close to 20 billion! Another 30 billion means that just these two provinces, Hong Kong, Macau, and Taiwan, the total investment will reach 50 billion. 50 billion … If it were any other retail company, it would be enough to cover the entire country. We … we are doing this for the coastal market. This … "
Sun Tao was speechless. He had thought of investing in the southern area. In fact, after acquiring Baxter, Sun Tao felt that investing another few billion to 10 billion would be considered a big investment.
Li Dong, on the other hand, wanted to invest around 30 billion.
One must know that even if the current Faraway Supermarket and Gome added up, the total investment was less than 100 billion.
Just these few places alone required so much investment. When would they be able to recoup the cost?
Li Dong smiled and said, "Let's not talk about other things. Just in terms of property, it might be difficult to recoup 30 billion after three years, but 20 billion should not be difficult. Including our fixed assets, no matter what, it will be worth 30 billion after three years. So, what we need to do is to not have high requirements for the expanded stores. At least we can earn back the operating costs. As a famous hypermarket, it should not be difficult to earn back the operating costs, right? "
"This …"
So far, as the number one hypermarket in Hua Xia, Li Dong did not ask for profits. He only wanted to maintain a balance of payments. If he did not even have this confidence, he would be too cowardly.
Chen Lang nodded and said, "If it's just the operating costs, it is not difficult. But General Manager Li, don't forget that the investment of 30 billion is from financing. With 30 billion, the annual interest will be one to two billion. To be honest, under the current situation, we do not dare to guarantee that we can earn back the interest. After all, what you mean is to fight a war of attrition with the other party. This will increase the cost again. So, if the other party can really last for three years, three years later, we might have some losses. "
Li Dong said indifferently, "With so much investment, the money we can use is also a lot more. In the end, we will not lose out. 30 billion investment is the same, 300 billion investment is the same. This is what I meant when I said it was not worth it. In the end, we should not lose out. Actually, this is enough. If we do not lose out, then we will make a profit, and a big profit! "
Chen Lang nodded and said, "Indeed, the possibility of a loss is not high. But I still want to say one last point … "
Chen Lang paused for a moment and said slowly, "Three years later, General Manager Li, you will use the financing money to invest in fixed assets. Then, this sum of money will mature, how will we repay it?
Do we continue to mortgage and borrow?
Then, we will fall into a cycle, and in the end, I'm afraid we will really collapse.
You said that 30 billion or 300 billion is good, but the possibility of a loss is actually very low.
If a big company does not even have the confidence to not lose out, then the company will not survive for long.
The key is that we have to think about the long term.
Three years later, the money will mature, and an astronomical amount of debt will mature, and we can't not spend the money we borrowed. At that time, the money will be spent, and the funds will not flow back.
There will definitely not be a return!
Whether it is the retail industry or commercial real estate, it is not possible for all the funds to flow back in three years.
By that time, Far away still has other debts, and there might be a lump sum of 300 to 400 billion.
Far away will be able to bear it at that time.
Also, even if we follow what General Manager Li said in the South, 30 billion is enough. You said that we will raise 300 billion, so obviously there are other plans.
And are these plans for businesses that can quickly recover the funds, or are they also used in the retail and property industries?
If that is the case, then what I said just now will become a reality. Three years later, hundreds of billions of funds will be in our account. Even if Far away becomes a trillion-dollar corporation, hundreds of billions of funds will be enough to destroy us instantly! "
After Chen Lang finished speaking, Yuan Chengdao also nodded and said, "General Manager Li does need to consider this point.
The money has been spent, how can it be so easy for it to flow back?
So, even if we want to invest, even if we want to raise funds, I think it should be done in installments. We can't bear such a huge pressure and burden all at once.
Let's do it step by step for half a year. This way, it won't cause too much pressure on us.
You said that we should not focus on profits now. Then, even if we maintain a balance of payments, the corporation will not have a surplus every year.
Three years later, the corporation will not be able to fork out so much money.
And once we can't fork out so much money, under the impact of hundreds of billions of debts, even if our fixed assets exceed one trillion, there is a high chance that we will collapse. "
At this time, everyone was actually not discussing the current matter.
Instead, what should they do three years later?
Li Dong was right about some things. If they borrowed money now and invested in a large amount, they could destroy some companies and increase their strength and competitiveness Far away.
This included the problem of payment. Far away could also increase the amount of funds they could use.
The key was, what about three years later?
Three years later, hundreds of billions of funds would be in their account. Far away, so what if they had a lot of fixed assets?
Should they auction it off at the same time or mortgage it off at the same time?
If they were to auction it off, then three years of effort would have been wasted. Moreover, with such a large amount of money being auctioned off, they would definitely be questioned and attacked by countless people. This obviously wouldn't do.
As for the mortgage, it was just like what Chen Lang said. Even if there was an institution taking over the business, it would also fall into a cycle.
But in this way, it would also fall into a vicious cycle. Distance would have to work for banks and financial institutions every year.
To overdraft their future potential and become big in a short period of time, this was not a long-term solution in everyone's eyes.
Chen Lang and Yuan Chengdao both said so, but Li Dong said disapprovingly, "Let's talk about the situation three years later. Moreover, three years later, is 300 billion really a lot of funds? Once the shopping mall and retail business increase their sales by one trillion three years later, it won't be a big problem to divert 300 billion from these areas … "
"Increase by one trillion!"
Everyone was speechless. Was it that easy to increase one trillion?
Not long ago, in July, Li Dong set a new goal for Far away. Their annual revenue would reach 670 billion, and their C2C performance would reach 80 billion.
This was the goal that Li Dong had set, and it might not be achieved in the end.
Even so, reaching 670 billion in revenue was already terrifying enough.
Now, Li Dong said that three years later, they would increase their revenue by more than one trillion on the current basis.
That also meant that Li Dong's idea was that Far away's total revenue would be close to two trillion in three years!
Reaching two trillion in revenue and 300 billion in debt would indeed be much easier to handle.
This two trillion was mostly cash flow. Borrowing a little would not be a problem.
The key was that on such a large base, was it possible to increase it by more than double?
They felt that it was impossible, but Li Dong had always felt that it was not a problem.
Even Da Qiangzi's Jingdong platform could reach one trillion in the next few years. The current Far away platform was at least five years ahead of Jingdong.
Three years later, Li Dong felt that it would not be a problem to increase the platform's transaction volume by one trillion.
The proportion of self-operated business had always been very high here, more than 80%.
Even if it increased a little offline, Li Dong felt that it would not be difficult to increase it by one trillion.
Of course, it was normal for Chen Lang and the others to not dare to believe it.
In his previous life, even Ma Yun, Liu Qiangdong, and the others dared to imagine that their platform's transaction volume would exceed one trillion in a few years when the transaction volume was less than ten billion?
No one had thought about it, nor did they dare to think about it!
Whoever thought that was a lunatic.
Li Dong was not a lunatic, but that was what he thought. Because he knew the trend, he dared to think about it.
Therefore, Li Dong felt that 300 billion should not be difficult for Far away in three years' time.
No matter how he thought about it, Li Dong felt that Far away would not suffer a loss.
Not only would it not suffer a loss, but it would also make a lot of money.
How much was the interest?
With 300 billion in financing, Far away's retail business could expand rapidly, and the number of self-owned properties Far away would increase greatly.
The retail business was not about making money. Expanding its scale and reputation were one thing. Another point was that there would be an additional 300 billion in investment. In fact, Far away had more than 300 billion.
He had told Yuan Chengdao last time that the 300 billion might bring more than 500 billion more funds to use in the end.
Yuan Chengdao and the others were worried that Far away might not be able to withstand the impact in the future.
But Li Dong would not think about this. If it really couldn't withstand the impact, it meant that Far Away would not make any progress in the next three years.
With such a situation happening in the foreseeable future, it meant that something big had happened to Far Away. Even if it didn't die in three years, it wouldn't be able to drag on for long.
Dying sooner or later was a matter of time, and there was no need to delay it.
The only thing that Li Dong was worried about was that he might not be able to raise that much money. As for other things, he really did not think about it.
…
In the meeting room.
After Li Dong said that Far Away's sales would increase by trillions in three years, there was a strange silence again.
It was fine if Li Dong didn't come. But every time he came to the company, it made everyone feel that they were just fooling around.
The big plans and bright future in their eyes were not worth mentioning in Li Dong's eyes. It was like a joke.
Not only them, but in the entire Hua Xia business world, even in the entire world, who dared to say that their company could increase their sales by trillions in the next three years?
No one dared to!
Even companies that were much stronger than Far Away did not dare to say such a thing.
In this world, those who dared to say such things were either fools, lunatics, or boastful people.
The ignorant were fearless!
What kind of person was Li Dong?
Yuan Chengdao and the rest did not know, and it was not their place to judge.
After witnessing Li Dong's series of miracles, they would not easily deny Li Dong. They also did not have the right to deny it.
But at this moment, they really did not know what to say or how to believe.
Seeing that they did not speak again, Li Dong smiled and did not say anything. He took out a document from the pile of documents in front of him and threw it to the center of the conference table. "Make a copy of it later for everyone to take a look.
It's mainly about the financing plan. After looking at it, if you think it's feasible, then think of a way to get financing.
The investment in the South is only a small part, at most 30 billion.
The key is the entire Hua Xia, including the international investment, which is the main part.
It's not easy to get so much financing.
Next, Far Away Finance will set up a special team to serve this matter.
If he could get 300 billion yuan of funds for development, nothing would be difficult.
Do we still need to worry about Wumart?
Do we need to worry about other companies fighting a war of attrition with us?
With 300 billion in our hands, which retail company can compete with us?
Wal-Mart can't do it either. Would they dare to invest so much in Hua Xia?
Only with money will we have confidence. That's why I said that we should let go of the current matters if we can. There's no rush for Wumart, and there's no rush for other things.
Once the financing is successful, everything can be discussed. "
Yuan Chengdao exhaled and said in a deep voice, "General Manager Li, that means you are serious. You were not joking before?"
Li Dong said seriously, "Why? Do I like to joke in formal meetings?
I have been working on this plan for a long time.
It's very simple. Build the world's largest retail system!
I have made preparations for the next few plans, both online and offline. Of course, I don't want to reveal too many details to the outside world to avoid disrupting our plans.
Now, it's a test of Far Away's credibility.
If the financing is successful, everything will be fine.
If it fails, there's no need to mention anything. Without money, all plans are empty talk. When the time comes, you can do whatever you want.
But I have to remind you. Don't purposely ruin my plans just because you are worried about something!
Also, this time, we will focus on the retail companies. If we really can't afford it, let the retail companies go bankrupt and liquidate.
If there are any collateral liabilities to be liquidated, let our offline businesses go bankrupt and liquidate. That should be enough.
At least in the end, we will still be left with the IT industry. We will still be the overlord. What's there to worry about? "
Li Dong said it casually. But if the offline system collapses, how can the online system be stable?
That's nonsense!
But at this time, Li Dong had already come up with a plan. Obviously, he was determined to do it.
How to persuade him?
There's no way to persuade him!
…
After Li Dong left the conference room, Yuan Chengdao looked at Sun Tao and said, "CEO Sun, you go and persuade him. Now that things had come to this, if Fang Yuan followed the prescribed order, it would be a foundation of a hundred years! To achieve this scale in Hua Xia will take longer than Wal-Mart. But if we take the risk now, maybe … Far Away will no longer exist in three years. "
Sun Tao smiled bitterly and said, "I'll try. But you know, he's a person … He won't listen to persuasion."
Yuan Chengdao sighed. Chen Lang shook his head and said helplessly, "We might not be able to do it. If it really doesn't work, we can look for CEO Shen. This matter still has to be mentioned. 300 billion is not a small number. Not to mention us, for any other company, 300 billion is an astronomical figure. "
Yuan Chengdao thought for a moment and said, "I won't go. CEO Sun, go and try with General Manager Li first. If there's really no other way, Liu Qi, go to East Garden with CEO Chen and the rest."
"…"
The few of them discussed for a while. Cao Jinsheng, who was at the side, was sweating profusely and said, "CEO Yuan, then do we continue with General Manager Li's plan?"
Yuan Chengdao glanced at him. After a while, his face darkened and he said, "You can give it a try."
Cao Jinsheng looked embarrassed. I don't have the guts.
The others looked at him speechlessly. This was nonsense. If it was a plan that Li Dong had personally come up with, they could persuade him or say that it was impossible. But if they refused to do it without Li Dong's consent, then Cao Jinsheng could be laid off early.
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