The second day in Beijing.
Li Dong rushed to the Beijing and Tianjin branch of Faraway Supermarket.
The last time he came, the Beijing and Tianjin branch was only an office in a dilapidated old building, with less than 50 employees.
Coming to the branch again, the feeling was completely different.
Far away occupied one floor of the 36-story commercial building. The office area was nearly 2,000 square meters, and the number of employees had increased several times, nearly 200 people.
Qi Yunna led Li Dong around and said with some distress, "General Manager Li, the expenses in Beijing are too high. The rent of the office building alone is nearly 100,000 yuan a month. The salary of the employees is more than 800,000 yuan a month, plus other miscellaneous expenses, we don't do anything, and we spend more than a million yuan a month. "
Li Dong said with a smile, "You can't catch the wolf without sacrificing the child. It's the capital, after all. The expenses are definitely higher than Jiangbei."
Qi Yunna sighed and said, "We have only been in Beijing for a few months. Although the project is funded by Suning, we have spent nearly ten million yuan on all kinds of miscellaneous expenses."
Ten million yuan, if placed in Jiangbei, could be used to open two or three stores.
But here in Beijing, they did not spend a dime on the project, and the additional expenses alone were nearly ten million yuan. A small company would probably be dragged down by this.
Seeing Qi Yunna's distressed face, Li Dong said with a smile, "Relax a little. It's a matter of tens of millions. As long as it is not spent indiscriminately, this money is nothing."
After saying this, Li Dong turned and asked the financial manager, "How much has Suning invested now? Have you calculated it?"
The financial manager of the branch was a woman in her forties. When she heard Li Dong's question, she immediately nodded and said, "We have calculated it. We now do a summary every three days, and the results have been reported to the company. As of yesterday, which is June 14th, Suning has invested a total of 2.6 billion yuan in two installments. Currently, a total of 1.868 billion yuan has been spent, and the book balance is 732 million yuan. "
"So much has been spent?"
Li Dong took a breath and slightly frowned. "Have the accounts been reviewed?"
The financial manager nodded and said, "I've reviewed it. There are no problems with the accounts on the surface."
The reason why he specifically said it on the surface was because the money was controlled by Suning. How the Suning side spent the money, how much they spent, and whether there were any problems, couldn't be verified.
Li Dong didn't mind. There were only two requirements for the cooperation. First, Suning had to pay for it.
Secondly, the stores complement each other.
As for the actual expenses, they would spend their own money. Whether the money used for Suning was real or not, Li Dong was too lazy to care. As long as it was not too excessive, it was fine.
The reason why he was afraid of Suning going overboard was mainly because he was afraid that the other party would falsify the accounts.
Previously, Li Dong and Suning had agreed that once the initial funds were used up, Li Dong must immediately continue to invest.
Suning was running out of money so fast now, and Li Dong was afraid that the other party would deliberately misreport the expenditure, resulting in no money on the books. At that time, Li Dong would have to invest.
Don't think that he would have to pay sooner or later. The difference between a day earlier and a day later was very big.
Billions of cash flow could sometimes bring about countless changes and impacts.
After thinking for a while, Li Dong asked, "According to the current plan, how long can this money last?"
The financial manager didn't know much about this and looked at the project planning director. The project director 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 24 newly rented stores. We also need to settle the initial part of the project. At the end of July, the money will probably be spent. "
"How much do you need to invest in the future? Do you have a budget?"
"We have done a few budgets. According to the current plan, the budget is about 2 billion."
"So, the total investment is 4.6 billion, right? How much do we need to invest?"
"Because the supermarket renovation cost is slightly higher than the appliance store renovation cost, and we need a bigger site, we will spend more on the total investment, about 2.5 billion."
Li Dong was speechless and said, "So, when the money is spent at the end of July, I will need to invest 2 billion in the first place, and after the project is completed, I will need to invest another 500 million?"
The project director quickly said, "The 500 million is not that urgent. We will pay the construction fees and some other fees in the next two years."
"That's good."
Li Dong was relieved. Spending less than 500 million is still 500 million. Money is not easy to earn.
The investment in Sichuan Airlines must be made in cash. This means that the 2.5 billion must be transferred to the account as soon as possible.
Beiwan Logistics Park's expenses were also not small.
Even if the government gave a policy to spend less in the early stage, the first phase of construction would not end without 1 billion.
The subsequent money could be settled with loans or delayed until next year. So far, with the 2 billion from Beijing and Tianjin, the total amount needed to be prepared was 5.5 billion.
Fortunately, after selling the Dongyu Real Estate's land, there was enough cash flow on the books.
After deducting these expenses, plus future profits, there should be about 2 billion left on the books.
However, the mall and logistics also needed money. Weibo was about to be launched, the logistics side was still expanding, and the warehouse center was being built everywhere. The 2 billion was probably going to be used.
No matter how he calculated, it should be about the end of the year.
As for the funding problem that he was worried about before, it was enough even without loans.
So far, it was not that the speed of earning money increased. It was mainly because of the large amount of land sold, and the investment in the logistics park was not in one go.
Otherwise, without the 7 to 8 billion capital flow from the real estate company, it would be a big problem.
After asking about the money problem, Li Dong said, "Continue to speed up. Strive to open 100 stores by the end of the year!"
With the addition of 100 stores in Beijing and Tianjin, plus the addition of 100 stores in other provinces, the total number of Faraway Supermarket's stores would exceed 500 if all of them could be put into operation this year.
Not to mention the size, just based on the number, Faraway Supermarket could probably be ranked in the top ten in the retail industry.
Just based on the supermarket alone, the ranking would only be higher.
Entering the top ten in sales, entering the top ten in the number of stores. By 2008, Faraway Supermarket could also be said to be the leader of the domestic retail industry.
Unlike the previous leader of Jiangbei, this time it was a national leader.
After talking about money and the speed of construction, the last problem left was the people.
Thinking about the problem of talent, Li Dong asked Qi Yunna, "How are the major universities' job fairs going?"
Qi Yunna smiled and said, "The effect is remarkable! Especially when the news of the group investing in Sichuan Airlines and preparing to build the first logistics park in Huadong came out. Students from major universities are flocking to us. Also, with the nationwide expansion of the mall, Far away's reputation is getting better day by day. Now, some universities don't need us to contact them, but they took the initiative to contact us, hoping to hold a campus job fair in their school. Many of them are some key universities, including some top universities. "
"You haven't said the results 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 hired 1,000 people. In Beijing-Tianjin, we expect to keep about 200 people, and the rest will be distributed to all over the country. "
"For these new graduates, your policy should be a little more favorable. They have not experienced the influence of society. If they are well managed, they can provide a large number of back-up backbones for the group. If they are not trained well, it will cut off our future path. In the future, if we want to recruit these students, it will be a lot more difficult. "
Everyone quickly nodded.
Li Dong said a few simple words and patrolled the office building.
After the inspection, there were a lot of employees surrounding him. Li Dong thought for a moment and said, "Although the conditions are better than before, it still hasn't met my expectations."
"Beijing-Tianjin is the political center of Hua Xia. Far away is very important to establish a foothold here."
"According to the group's plan, in the future, we will use Beijing-Tianjin, Jiangbei, and Shanghai as the three core points to build a national business empire."
"The Beijing-Tianjin branch is one of the three core points. We have to take a long-term view and raise our requirements. In the next three years, Far away must build our own building in Beijing-Tianjin and construct a complete industrial system!
Whether it is logistics, shopping malls, or real estate companies, I hope to be able to enter the Northern China region!
The goal seems a little far-fetched, but in fact, there is no impossible task for Far away!
Three years ago, when I was in a meeting, I said that I wanted to build a headquarters for Far away and build a distribution center for Far away. Everyone thought I was bragging, and everyone thought it was an impossible task!
But now?
Far away had just been established. There were no more than ten stores, and the assets were no more than 100 million.
Today, Faraway Supermarket is about to reach 500 stores!
The strategic goal of 1,000 distribution points will be completed by the end of the year. There will be a total of five new supermarket distribution centers, including the planned one!
There is also the Beiwan Logistics Park, the first logistics park in Hua Xia!
In just three years, the first three-year plan has been completed, and it has far exceeded my expectations.
In the next three years, which is before 2010, I want to build Far away into a 100 billion group!
… "
Li Dong's tone was not high, but a group of employees in the Beijing-Tianjin branch were excited.
The same was true for the senior executives, including Qi Yunna.
A 100 billion group plan!
This was the first time in recent years that Li Dong had confided his thoughts. It was the first time that he had set a big goal for Faraway Group in public.
At present, Faraway Group's market value was less than 30 billion, and its net assets did not exceed 20 billion.
Whether it was a market value of 100 billion or a net asset of 100 billion, it was a huge leap.
Could they complete it in just three years?
Regardless of whether it was possible or not, the thought of it was exciting enough, especially when Li Dong also said that Beijing-Tianjin would be one of the three core strategic points in the future. This was even more worthy of attention.
Once this strategic goal was completed, everyone present would probably have the opportunity to go to a higher position.
At this moment, everyone looked at Li Dong with eyes full of expectation and worship.
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