Chapter 381: Responsible for Every Penny
It's not just the God of Wealth who says this. Many people feel that if there are no big guys to take over the A-shares now, the stocks of those good companies will be taken over by Wall Street.
Give up your own high-quality assets?
But for Li Yuan, those assets were not as good as he had imagined.
In Li Yuan's eyes, the quality of an asset depends entirely on how much it can contribute to the market. As long as it is not indispensable, it is dispensable and new companies can be supported to replace it at any time.
It’s just that Wall Street likes to use this method to hype things up.
They like to tell everyone that they have lost money and are ready to run away, and they like to sing bearish songs crazily, so that A-share funds will follow suit and run away, driving down prices, making it easier for them to buy at the bottom later.
But this time it was real, because Li Yuan let the A-shares flatten out in advance, and the profits earned by Wall Street in the previous two years were buried in it before they could be cashed out.
Now we can only think of ways to get out of this predicament.
As a result, the market began to speculate on how much money Wall Street could make by buying at the bottom, and the high-quality assets of A-shares were about to fall into the hands of Wall Street.
The purpose is to let those passionate people make a fuss online, so that big funds and the country can step in to pull up the stock market, making it easier for them to get out of the predicament.
The whole world needs US dollars now. Who dares to buy at the bottom at this time?
It is impossible for funds to shift direction until the interest rate hike is implemented.
U.S. stocks are the most sensitive. They can remain flat for a whole year, not to mention other markets.
The reason why the God of Wealth called Li Yuan specifically was because the US dollar raised interest rates three times in May, June and July.
The scale of the interest rate hike has long exceeded expectations.
Including the capital representatives who had participated in the meeting before, all of them honestly followed Li Yuan's requirements, supporting new stocks and no longer investing money in old stocks, even though many of the old stocks were mainly controlled by them.
At present, I cannot say that I can really make money from new stocks, but at least there is a paper profit on the books.
It’s like others are fighting to the death on the old battlefield, while they are opening up a new battlefield and farming and developing frantically.
This feeling is indescribably refreshing.
The God of Wealth said, "I will retire next year, and there will probably be some changes. I hope you can understand and be considerate of me then."
Li Yuan: "It's not me who will suffer anyway, just don't cause me any trouble."
Li Yuan's meaning was very clear. He would not suffer any injustice, and he would not let anyone who caused trouble for him have an easy time.
Even the God of Wealth doesn't know how much wealth Li Yuan has.
But he knew that Li Yuan had nearly one million employees.
This one million is a high salary compared to other salaries in the same industry, and the salary is increasing every year.
Even if calculated based on an average annual salary of 100,000, this is still a cost expenditure of 100 billion.
In fact, it is definitely more than that. There is no technical employee in Nanshan Group whose monthly salary is less than 10,000 yuan, and the same is true for Bi Xin.
Adding the expenses of five social insurances and one housing fund, the per capita expenditure is likely to be 200,000 yuan.
The revenue of Li Yuan's company has not increased significantly. Compared with the basic cost expenditure of one or two hundred billion, it is definitely far from enough.
However, the data of Qinghe County has been growing very fast. With only a few days left in this year, its GDP has exceeded 100 billion. Several surrounding counties have also increased their GDP from 20 to 30 billion to more than 50 billion in more than two years.
The most important thing is that these growths have not yet had an impact on other places.
They all realized that Li Yuan was exploring new tracks and was not continuing to compete in the traditional track.
Qinghe County is their focus because only Qinghe County has potential, and Li Yuan is willing to spend money on it.
If he has no money, he will borrow it. As long as there is a need, Li Yuan will invest money.
The investment projects often start at tens of billions per year.
It was not relaxed before and a lot of data could not be withdrawn.
After the relaxation this year, the vitality of Qinghe County will begin to explode.
…
Fu Zonghai and Wu Yuhan got married.
On January 3, 2023, he and Wu Yuhan came to Qinghe County together, mainly to take a look at the problems with the products of their own factory.
Their products have two main sales channels, one is BiXin Mall, the other is two Dasheng Supermarkets in Qinghe County.
One is at the entrance of Li Yuan’s village, the other is in the center of the county town, and in the future another one will be opened in the living community that is under construction.
Dasheng Supermarket is an industry owned by Li Yuan. Because of its service, quality and disregard for cost, it has launched a dimensionality reduction attack on local supermarkets.
They came here this time because there was a problem with the factory's products, and Gao Ming, the person in charge of Dasheng Supermarket, asked them to come over to explain the results of the handling.
After working hard for a long time, several of his products were finally labeled as having had problems recently.
This is the operating model of Dasheng Supermarket. If there is a problem with a product, it will either be removed from the shelves directly or a more stringent contract will be signed.
The most important thing is that we will put labels on the relevant products for three months to remind users that these products may involve risks, and remind everyone that if they choose to buy them, they will be given a minimum compensation of one thousand yuan regardless of the cost if something goes wrong.
This compensation must be paid by the product factory.
As a deposit alone, Fu Zonghai and Wu Yuyan paid 5 million yuan, and they continued to do so until the 5 million yuan was fully paid out.
Even if a customer buys this product and finds that a corner of the packaging bag is missing, it can be directly identified as a product defect.
It can be said that the five million must be fully spent. No matter how rigorous the factory is, it is impossible to make all the details 100% perfect.
Wu Yuhan was so angry that she said, "I'm going to find the leader. Dasheng Supermarket is clearly bullying us! They took our product off the shelves for seven days just because a hair fell out of it, and they also paid us 5 million in compensation. That's not how they do things."
Fu Zonghai held her back and said, "It's useless to find the chief leader. Can we let the chief leader interfere with Yuanshen? Let's not cause trouble for the chief leader."
"That's five million. The factory's annual net profit is not that much. When cooperating with BiXin Mall, they also need to check our staffing. As a result, all employees have to pay five insurances and one fund, and their wages have increased by more than a thousand. The profit itself is very low."
Her factory has an annual output value of three to four hundred million yuan. In the past, it wholesaled to others or did OEM for large manufacturers, and its annual profit was around tens of millions.
As a result, after developing its own brand in the past two years, although it relied on BiXin Mall and Dasheng Supermarket, its annual net profit was less than two million.
This is despite the fact that we continue to work as OEMs for big brands, and we haven’t lost a penny of the money we earned before.
This is equivalent to a loss of seven or eight million every year.
This five million deposit is basically equivalent to two years of work for nothing.
Fu Zonghai explained: "This is also to stabilize the quality of our products. If we do nothing and allow vicious competition, the market will sooner or later fall into the situation where bad money drives out good money."
“Isn’t the market for making money?”
"But Dasheng Supermarket hasn't made any money yet? Bixin Mall hasn't made any money yet?"
"What do you mean?"
“It’s not time to make money yet.”
Fu Zonghai’s strategy is very simple, which is to follow Li Yuan.
If one day Bixin Mall makes money, Dasheng Supermarket makes money, but suppliers like them don’t make money, that would mean there is a problem.
Now...it's not that they haven't made any profit, it's just that the current profit is not enough to cover the increased cost.
"Okay, then come with me, let's go to the chief leader's house for a meal and get the five million back!"
Speaking of going to Li Yuan's house, Fu Zonghai was a little nervous and said quickly: "Let's go in the evening. It's noon now, and the leader may have just woken up. After all, the leader has been running around outside all year, and the weather is cold. Why don't we go to Hongxing Food Street? The restaurants there are all the signature restaurants of several nearby counties."
“Has it already started operating?”
"It has been operating for more than half a year. Go and try it. If it tastes good, we will buy one when the Nanshan Group's house is completed."
Red Star Food Street is solely owned by Li Yuan.
These include the hospital, a large shopping mall and two office buildings.
Over in the office building, employees of Qingtian Group have begun to move in in large numbers.
Next year, even the headquarters of Qingtian Group and its affiliated companies will be moved from Jiangzhou.
The two food streets over there have more than a hundred different kinds of food, covering the signature brands of several nearby counties. The current turnover is not good, but Li Yuan has provided a lot of subsidies.
I didn't notice anything in the county center, but as I walked south, I could see many projects were in the completion stage.
The shopping mall has a large amusement park, a newly built lakeside park, and a variety of IP sculptures and landscaping.
Li Yuan knew that there was an opera city in the Central Plains that performed styles from all eras.
There is also the Qingming Riverside Park...
His main focus here is the combination of fashion and tradition.
The costumes of traditional opera actors have not changed for many years, and the performance style has not changed for many years.
This is not a good thing for the inheritance of tradition.
Tradition does not mean conservatism. In this era, if we want to preserve it, we must be able to find points that attract young people.
He integrated opera troupes from several nearby counties and spent a large sum of money to bring all the craftsmen together. Various special snacks and activities that can only be seen at temple fairs will become the norm in the future.
In Li Yuan's opinion, many industries are not yet ready to die out.
It’s like a game from more than 20 years ago, there are still people willing to play it, and even willing to spend money on it.
The gaming industry is iterating so quickly that even games from more than 20 years ago are still being revisited, not to mention some activities that have been passed down for hundreds of years.
It’s simply that the rules are no longer applicable in modern times and need to be changed.
For example, for ring tossing, there are either not enough venues now, or there are only a few things to do, which really cannot attract people.
No one wants to take a resin model home, and no one wants to take a can of Coke that has been dropped on the ground countless times and may have expired.
Even so, videos about ring-tossing are still very popular online.
People prefer to watch rather than play it themselves.
If watching is more fun than playing, it means there is something wrong with the project.
Meanwhile, the bar has been completed and various sports will be incorporated into it.
Bars are social places that can stimulate hormones, but they cannot simply stimulate hormones.
But now, all bars are for hormones. If it weren't for the legal constraints, they would only go to a bigger scale.
It is entirely possible to set up a project similar to the challenge of wisdom and courage inside the bar, with free meals for challenges and bonuses for challenges, which will have stronger social attributes.
As long as you have an advantage in any aspect of intelligence or physical strength, you can show yourself.
These projects basically opened after the New Year.
…
Jiang Yiling changed Jiang Shu and Li Jingcheng into new clothes, came to the study to find Li Yuan, and said, "We have guests at home later. When will you finish your work?"
"Ah? I'm fine. I can go out anytime. Who wants to come?"
"Fu Zonghai and Wu Yuhan."
"Oh, you're here for the deposit for Dasheng Supermarket."
Gao Ming had told him about this a long time ago. After all, Gao Ming had met Fu Zonghai and Wu Yuhan and knew that they knew Li Yuan.
However, Li Yuan had no intention of opening a back door, and things still went according to procedure.
Anyway, once the label is put up, their products will be supervised by everyone entering the supermarket, which can also give their brand some exposure.
Dasheng Supermarket now receives more than 10,000 customers every day, which is a considerable flow of customers.
It’s easy to find fault with a product.
For example, when it comes to melon seeds, it is normal for there to be a few bad ones.
For example, it is normal for puffed foods to be irregular.
The main reason is that the problem they had last time was not particularly serious. If it had caused any adverse effects, they would definitely not be given any chance.
Jiang Yiling: "Ah? What deposit? She didn't say."
Li Yuan felt relieved when he heard that Wu Yuhan and the others were not here to complain.
"That's fine. When will they come?"
"We'll be there soon. If you're busy, you don't have to come downstairs for now."
"It's okay. I'll go with you. I just happen to have something to talk to Fu Zonghai about."
The decision Fu Zonghai made at the beginning made him successful.
It is difficult for ordinary people to make such a decision, after all, they are already addicted to the market of making money and cannot extricate themselves.
The fact that I was able to stay awake at that time shows that I was still very strong inside.
Of course, if you are not strong inside, it is impossible to escape the bondage of family affection and reject the blind date.
He planned to support Fu Zonghai in working in the financial industry, after all, there was still a shortage of manpower.
If we could have Fu Zonghai, Wen Yuxian and Guo Meng, there would be more room for maneuver.
As for what is illegal or not, the establishment of any new rules is based on blood.
Violations are nothing!
He started planning the restart of A-shares last year. After more than a year, he has laid a small foundation, but the scale still needs to be larger, and he still lacks a core.
That's the retail investors.
Whether it is Wen Yuxian or Guo Meng, neither of them has the ability to truly guide retail investors, and their identities are destined to prevent them from doing this.
Fu Zonghai can, he is just a retail investor.
My own ideas can only be conveyed through Fu Zonghai, and the effect will be best.
In the past two years, he has been perfecting his ideas and planning for a new financial structure.
In fact, many functions of the traditional financial structure are already outdated.
The essence of finance has gradually been forgotten and turned into a carnival for speculators.
The new financial structure has only one purpose: to be responsible for every penny!
