Mainly, Pei Weiping reported on Qingcheng Retail's plans for next year, including proposals for building distribution centers, acquiring food processing plants, and acquiring a retail company.
He is indeed a big spender.
According to Pei Weiping's estimate, to achieve these three goals, the conservative estimate is upwards of 700 million.
The exact amount of money it will cost depends on how large a retail company it is to acquire. It can be 100 million, 1 billion, or even more.
The retail companies in Binhai City are large-scale, with at least 100 or more.
The purpose of acquiring a retail enterprise is, firstly, to obtain a more complete and stable supply chain, and secondly, to recruit a large number of management talents with retail experience.
It is expected that more than 100 Qingcheng Xiaozhu will open next year, and a shortage of store managers is inevitable.
It may even become the biggest shortcoming hindering Qingcheng's retail expansion.
Therefore, the most convenient way is to restructure the company through acquisitions and reallocate human resources to make up for shortcomings.
"Let's go ahead and do it. The previous promise of 1 billion capital injection can be fulfilled today." Zhang Shuo was very arrogant and joked: "Perhaps, you can consider acquiring your old club Xingxin Retail?"
"Ting!"
Pei Weiping was rarely embarrassed, and felt a little excited inside.
Since joining Qingcheng Retail, I have become more motivated for some reason, and I feel that my career is about to usher in a second spring.
Perhaps the biggest source of motivation is Zhang Shuo's unconditional trust.
A scholar will die for a confidant.
"I also have a crazy suggestion." Du Qingqing finally spoke.
"Say." Zhang Shuo was very curious.
"One of the core functions of Qingcheng app is map positioning and navigation. We are currently in contact with Haode Map and are preparing to connect to Haode Map. If Mr. Zhang really feels that there is no place to spend the money, maybe we can also set up a map company ourselves.
Provide navigation and positioning services to avoid being stuck by outsiders in the future.”
Du Qingqing thought quite far.
"Then why not just buy the Hao De map?" Zhang Shuo became even more crazy.
"ha????"
Du Qingqing had a question mark on his face, not sure if Zhang Shuo was joking.
According to her understanding, Artemisia Map was listed on the Nasdaq in July this year. It is a veritable star company in China. Even Qiandu Map has to avoid its reputation.
Purchasing a map from Artemisia? That is tantamount to a snake swallowing an elephant.
Zhang Shuo is not crazy, but he really has this idea. In the impression, in the original time and space of 13 and 14 years, Ahri spent more than one billion US dollars to incorporate Haode Map under his command and become a wholly-owned subsidiary.
So it doesn’t really matter whether it’s listed or not.
Key map navigation is the infrastructure of local life business and is indeed crucial.
Zhang Shuo's positioning of Qingcheng Retail has always been a local life service provider, so map navigation can be said to be one of the lifeblood of Qingcheng Retail.
In addition, the relationship between Sprout Holdings and capital is so tense, it is difficult to say that capital will not interfere with it in the future.
It's better to prepare in advance.
"About the acquisition of Haode Map, it has been included in the holding company's key work memorandum for next year. The office will follow up in real time. Once the conditions are mature, the acquisition process will be started immediately." Zhang Shuo looked at Jiang Yue.
Even if the complete acquisition is not possible, it is still possible to acquire part of the shares of Haode Map.
At least it can't be choked.
"good."
Jiang Yue nodded and noted that just because it was included in the memo, it did not mean that it would be implemented.
Not just this.
The budget and plan reported by senior executives now is only a general framework, and will need to be dynamically adjusted based on actual conditions in the future.
anything could happen.
This is not to say that Sprout Holdings and its subsidiaries are not capable of strategic planning, or that the planning is too haphazard, but that Sprout Holdings itself is still a start-up.
It's not the kind of giant that has been developing for more than ten years, or even decades.
The company is still in a period of rapid development, so it naturally has to adapt to changes. Even Zhang Shuo, the leader, doesn't know what new ideas will come up next month.
At the end of the meeting, a decision was made through consultation.
Sprout Holdings invested 100 million in Qingniao Interactive Entertainment, 300 million in Qinghe Technology, 1 billion in Qingcheng Retail, and 500 million in Sprout Real Estate.
The remaining 100 million is temporarily kept in the account as a reserve.
The huge bank loan of 2 billion that had just been obtained was just divided up.
"Mr. Zhang, is this a bit radical?" Jiang Yue reminded after the meeting.
According to normal business logic, a holding company should not inject too much budget into its subsidiaries at once. Even if the subsidiaries really need it, it will be allocated on a quarterly or even monthly basis.
How can one allocate a year's budget in advance?
"It's a bit radical, but time waits for no one."
In order to quickly upgrade to level 8, Sprout Holdings must generate enough expenditures to gain enough experience points for upgrades.
Under this premise, there is no business logic.
That’s reckless!
…………
After the meeting in the morning, the finance department processed the transfer in the afternoon.
"Ding, upgrade your entrepreneurial level to level 8, and you will be rewarded with a talent—charm halo!"
Another infusion of mysterious power made Zhang Shuo vaguely feel that he had become a little different again. The facial features on his face seemed to have not changed much, but when combined together, they seemed to have more temperament.
This feeling.
It's like a filter that young ladies use to see rich people.
"So, we are also a handsome man?" Zhang Shuo burst into tears.
Finally the last shortcoming has been fixed.
Who doesn't want to be more handsome? It's better to be a scumbag than a taker.
[Companies under the name]: Sprout Holdings (100% shareholding), Qingcheng Retail (99.5% shareholding), Jade Bird Interactive Entertainment (100% shareholding), Qinghe Technology (100% shareholding), Sprout Real Estate (100% shareholding)
There has been a lot of action lately.
As a result, Zhang Shuo's reputation has increased rapidly recently, and he is only half way to level 3.
After reaching level 8.
Not surprisingly, the support fund skyrocketed from 1 million to 5 million per day.
Perfectly fits the "One-Five Law".
This means that Sprout Holdings will be able to obtain up to 150 million in liquidity every month from now on.
So arrogant!
What is the concept?
It is reported that Tenda's revenue in 2010 was RMB 19 billion and profit was about RMB 8 billion.
In other words, next year, even if Sprout Holdings does nothing, it will still receive a support fund of 1.8 billion, which is equivalent to Tenda's profit for one quarter of 2010.
That's awesome.
Of course, this comparison is actually wrong, because Tenda's revenue is still growing rapidly. By 2020, its revenue has soared to 480 billion and its profit is 120 billion.
This is equivalent to a profit of 330 million being recorded every day.
There is no comparison at all.
"We still have to keep working hard." Zhang Shuo reminded himself.
In addition to the support fund, the system also awarded an additional entrepreneurial capital of up to 1 billion.
Count previous balances.
Even if Sprout Holdings just "lost" a huge amount of 1.9 billion in funds, there is another 1.15 billion in funds lying on its account.
No wonder Zhang Shuo is so ambitious.
Just after reaching level 8, the experience points required for upgrade also increased from 500,000 to 1.5 million, which means that 15 billion expenditures are needed to fill this huge hole.
No matter how you move around, all means are useless in the face of the magnitude gap.
"It seems unrealistic to upgrade in a short period of time."
Zhang Shuo was not in a hurry.
First, all of its companies are on the right track, and second, the monthly support fund of 150 million is barely enough, so there is no need to bother upgrading for the sake of upgrading.