After Zhang Zhonghua looked at the situation of f, he then looked at the situation of Carrefour Supermarket, another cash cow company of the Yuhuang Group.
It’s hard to imagine that supermarkets in the 1960s were so profitable. They were far more profitable than before Zhang Zhonghua was reborn. All they needed was a huge money printing machine.
Nowadays, Carrefour Supermarket has 140 super comprehensive supermarkets in Japan, basically covering the main commercial and living areas of Japan, becoming a veritable supermarket giant in Japan, with no rivals in the entire Japan.
Each Carrefour supermarket basically covers an area within a radius of 5 kilometers. Each supermarket can serve more than 200,000 people and receives an average of about 40,000 customers every day.
After a period of development, the average turnover of a Carrefour supermarket store is close to 500,000 US dollars, the average profit is also between 35% and 45%, and the average daily profit of each store has reached 180,000 to 200,000 US dollars.
Between now and then, a small number of supermarkets will have a turnover of over 200,000 US dollars.
The overall average daily profit of Carrefour's 140 supermarkets has reached an astonishing US$27 million, the monthly profit is close to US$800 million, and the annual profit is close to US$10 billion. The annual tax payment alone exceeds US$1 billion. Proper tax payment
Big house.
Zhang Zhonghua got a headache when he thought about the account balance of Carrefour Supermarket. Carrefour now has a balance of up to 5 billion US dollars in its account. This is the balance after paying back all bank loans. He really does not owe loans to various banks now.
Zhang Zhonghua would like to continue borrowing from banks, but there are too few fields that he can enter now. The annual interest on bank loans is over 100 million Hong Kong dollars. It would be a waste if the loan is not used.
Carrefour also has 16 supporting companies, which greatly makes up for the group's shortcomings in the supply chain, allowing Carrefour to expand without any scruples.
At the same time, Carrefour has also established purchasing centers in dozens of countries around the world to reduce costs and increase sales profits. At the same time, there are no middlemen to make profit, so the prices of Carrefour's products are lower than the market prices, improving competitiveness.
At the same time, Carrefour supermarkets are abundant, providing sufficient capital for the group's overseas expansion. Zhang Zhonghua feels that it is time for Carrefour supermarkets to step out of the Japanese market.
The Carrefour team and the f team cooperate with each other and have also planned to enter the European market and expand overseas markets.
Super retail giant TS has nearly 600 stores in Europe and is a giant in the world.
There are also many other regional supermarkets in Europe, and competition between one supermarket and multiple supermarkets is fierce.
As for Gaul's arrfur, the world's second largest retail group in the future, it was founded in 1959, and its first flagship store only opened a few years ago.
Thanks to the frequent strikes by the people of Gaul, arrfur has not left Gaul yet. F Catering Company, as a victim, also expresses deep sympathy for arrfur company. From now on, it will stay in Gaul. The copycat Carrefour will replace arrfur in global expansion.
Carrefour Supermarket has selected 300 stores in several European countries and is currently renovating the stores. Of course, the decoration process is still slow as always.
Europe now has a maximum of seven to eight hundred stores, which can basically block other competitors' escape routes. We need to seize the market first.
At present, Carrefour supermarkets in Europe adopt a light-asset operation method, not to mention that the European industrial system is still relatively complete, so prices are relatively stable.
Moreover, supermarket properties in Europe are not like Japan, where prices skyrocket because business is relatively good, thus affecting the cost of supermarkets.
Japanese property prices will rise to sky-high prices in the future as the economy develops. Properties in Southeast Asia will be speculated to sky-high prices by tycoons from Hong Kong Island. The asset-heavy operations of companies under the Yuhuang Group are limited to Japan and Southeast Asia. The future development is too fast.
Zhang Zhonghua does not want the group's F restaurant and Carrefour supermarket to work for landlords in the future. In Southeast Asia, rents will inevitably increase hundreds of times in the future, which will greatly encroach on the profits of the supermarkets.
The Carrefour team is confident that it will develop under the leadership of He Rongfei. The supermarket's broad prospects and profits are enough to recruit countless outstanding talents, and talent reserve training is also a top priority for the supermarket's development.
When talking about the retail industry, we have to mention the development of convenience store Hart. Since we planned to enter the convenience store field in October, it has been three months and the progress has been very rapid.
In the past three months, Hart has purchased 6,000 stores in Japan, each with an area of about 100 square meters. Supermarket decoration is much easier.
Zhang Zhonghua knew very well that 7-11 had as many as 20,000 convenience stores in Japan. Of course, it was the late 1960s, and it was relatively easy to support the market. Hart always left some soup for the franchised convenience stores.
Although Hart has not opened yet, it is also entering the European market following the footsteps of Carrefour Supermarket. It will first grab the territory.
Convenience stores have the cooperation of F Catering Company and Yuhuang Logistics Company, so it is very easy to choose a store. There is a Hart convenience store near every F restaurant.
The difficulty of selecting a convenience store store is very low. An F restaurant must have at least 40,000 to 50,000 people around it, and a convenience store only needs 1,000 families to support the convenience store market.
When convenience stores became a hot trend, there were only seven or eight on a street, and many of them were mom-and-pop stores. This shows that the profits of convenience stores are quite generous.
The profits and market of convenience stores are a bit too scary. In the future, 7-11 will have as many as 70,000 convenience stores around the world. The second largest convenience store chain, FamilyMart, and the third largest convenience store, Lawson, will also have tens of thousands of stores.
Thinking of the broad market prospects of convenience stores, and the fact that Yuhuang Group is a cash cow, it is easy to defeat Restaurant F.
Hart has countless innate advantages. It has almost completely learned from 7-11's successful experience and has strong capital support. Other companies are standing at the starting line, and Hart is already close to the finish line.
This chapter is not over yet, please click on the next page to continue reading! Thinking of the end of 7-11, Zhang Zhonghua couldn't help laughing. 7-11 will be very interesting in the future. When the time comes, the Yuhuang Group will acquire 7-11 and bring it under its control, and then 7-11
The two convenience stores of Hart's and Hart's began to compete with each other. There were too many cases where the eldest, the second, and the second oldest would fight and the third would disappear.
In 1973, Japan's Yin Teng Yokado Company signed a regional franchise agreement with Chouguo Southern Company, and 7-11 subsequently entered the Japanese market. In 1987, Chouguo Southern Company failed to diversify its expansion and filed for bankruptcy three years later.
In 1991, Yin Teng-Yokado purchased 73% of the company's shares and became the largest shareholder of Chouguo Southern Company.
It can be said that without Yin Teng Yokado to introduce 7-11 to Japan, and without Yin Teng Yokado to make 7-11 bigger and stronger, 7-11 would have gone bankrupt and disappeared from history long ago.
In one or two years, Hart will occupy the Japanese market, and then the franchise policy will be relaxed. I wonder if Yin Teng Yokado will introduce 7-11 to Japan.
Jardine Matheson on Hong Kong Island has little chance of introducing 7-11 to Southeast Asia. Hong Kong Island has already prepared hundreds of stores for Hart, and even if it enters Hong Kong Island, there are no good stores.
The next two years will be the golden three years for Carrefour supermarkets and Hart convenience stores. As long as they occupy the Asian and European markets, they will soar and truly become the retail hegemon!
The two major cash cow companies under the Yuhuang Group are doing well. Thinking of other companies doing well, it really makes people feel refreshed during happy events.
Yuhuang Electric is now also a small cash cow under the group, and it is also the company with the strongest scientific research capabilities among all the companies under the Yuhuang Group. Today, it has a team of nearly 2,000 scientific researchers.
After almost two years of development, Yuhuang Electric Appliances has become the dominant player in the small household appliance market. Fans, humidifiers, induction cookers, kettles, and electric pots have long been sold in developed countries in Europe and the United States. Home appliances such as rice cookers and microwave ovens also occupy a large market share.
The huge profits earned by Yuhuang Electric Co., Ltd. are basically used in the company's expansion and research and development of new products. In the field of large appliances, washing machines account for the majority of the world's share. Refrigerators and air conditioners have also applied for many technology patents. With continuous investment in scientific research
I believe that sooner or later we will catch up with those giants.
The profit earned by Yuhuang Electric in two years is close to US$700 million, which is a good result even if compared with the other two cash cows. Now it has more than 20 factories, distributed in four industrial zones in Japan.
There are more than 1,000 patents, and the motor field has almost reached the world's advanced level.
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Thinking about the strength of scientific research, the strongest company is not Yuhuang Electric Co., Ltd., but Japan's largest steel giant Nippon Steel Corporation. It has been a year since the two companies merged into Nippon Steel Corporation, and the company has regained its previous glory.
The scale, income, scientific research and other strengths have also made great progress and foundation.
Nippon Steel has as many as 1,300 doctoral researchers, 2,500 master's researchers, and countless undergraduates. Nippon Steel has also deepened cooperation with Japan's polytechnic universities, donating money to major polytechnic universities to jointly establish
The laboratory, industry-university research integration has also laid the foundation for scientific research and talents for Nippon Steel. Nippon Steel's generous salary, exciting benefits, etc. have attracted countless scientific talents from Japan to join Japan Daiichi Steel Company.
Nippon Steel's products are also more abundant, including rails, I-shaped steel, round steel, cold-rolled steel plates, hot-rolled steel plates, tin-plated plates, galvanized plates, various steel pipes, alloy steel, stainless steel, milled iron, various steel billets,
Chemical products and so on are more advanced, and new companies have made outstanding progress in scientific research by combining each other's strengths and weaknesses.
To say that the fastest-growing subsidiary of the Jade Emperor Group is definitely the Jade Emperor Bank. It is completely expanding on a rocket. There is no problem in ranking among the top 100 banks in the world in terms of comprehensive strength.
After more than a year of development, Hong Kong Island Yuhuang Bank has 18 branches in Hong Kong Island; Japan's 110 Yuhuang Bank branches have also reached 160 in Japan; there are 12 Yuhuang Bank branches in London; London
After the opening of the Yuhuang Bank branch in the Financial City, it has developed and now has 40 branches in the UK.
In addition to these major regions, Jade Emperor Bank has 15 branches in Gaul and 10 branches in West Germany. At the same time, Jade Emperor Bank has also applied for bank financial licenses in several European countries such as the Netherlands, Belgium, Austria, and Italy.
All is ready except for the opportunity.
The rapid development of Yuhuang Bank is inseparable from the efforts of Taipan Wangpuweishi. He has not only accumulated rich work experience in the banking industry for more than ten years, but also has a network of contacts in the financial industry that is not comparable to that of ordinary financial people.
Of course, the development of Jade Emperor Bank is also inseparable from many factors, and it has developed so strongly under various innate conditions.
First of all, Yuhuang Group’s business is spread all over the country, and the group has many businesses such as catering, electrical appliances, procurement, etc.;
Secondly, the employees of Yuhuang Group around the world also support the employees of a bank, group and other companies, and the funds of hundreds of thousands of employees also add to the foundation of Yuhuang Bank;
Then, Jade Emperor Bank already occupies a large market in Japan. As the second largest developed country in the world, Japan has close economic exchanges with various countries. Jade Emperor Bank also occupies a favorable position;
Jade Emperor Bank has the right time, place, people and many other factors, which have laid a good foundation for international expansion. Of course, the backing of Jade Emperor Group cannot be underestimated.
Jade Emperor Security Company has now become a very interesting security organization. There are many security personnel around the world, composed of retired soldiers from more than a dozen countries, which is comparable to the United Nations peacekeeping force.
In the future, the Jade Emperor Security Company will also be a giant small army. The number of security personnel in various factories, supermarkets, banks, and companies will probably exceed 100,000 in the future. It is the first formal organization in the world, and of course it cannot be compared with Blackwater.
After all, Zhang Zhonghua was not prepared to allow Jade Emperor Security to accept national tasks.
This chapter is not over yet, please click on the next page to continue reading! At the same time, if the equipment of Somali pirates is upgraded in the future, the Jade Emperor Security Company will also deploy warships to escort the Jade Emperor Group's cargo ships.
Zhang Zhonghua was quite emotional when he thought about the current scale of Yuhuang Group. It started from a restaurant and has grown to nearly hundreds of thousands of employees. Looking back on the company's development, it was a bit of a fluke.
After so many years of development, the biggest turning point was that Zhang Zhonghua personally developed database software and compression software and started a series of grievances and grievances with ib company. Finally, he received a transfer fee of 1.5 billion US dollars from ib, which officially accelerated the take-off of Yuhuang Group;
With this astronomical amount of cash, Zhang Zhonghua's acquisition of Nippon Steel, the establishment of Carrefour, etc. will be a matter of course.
Thinking about it, he is really lucky. Zhang Zhonghua never thought or imagined that a humble compression software could be so valuable. He was still very panicked when he just received the lawsuit from ib. That was ib, a super giant.
, so and so is not panicking.
But the final result surprised Zhang Zhonghua. Not only did he win the lawsuit, but he also earned US$1.5 billion. It was only after he received the lawsuit that he truly understood the value of the compression software, so he dared to offer the sky-high price of US$1.5 billion.
Storage space is an indispensable product for the development of computers. His compression software directly doubled the computer storage space. Sometimes he felt that he was a son of the plane.
"Boss, we are about to land at New York International Airport."
Zhang Long reminded.
His boss had been deep in thought along the way, sometimes showing strange expressions, wondering if he was thinking about making a fortune again. However, this had nothing to do with him. Protecting his boss was the whole meaning of his life.
