Extraordinary Genius

Chapter 949: How much did he earn?

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Feng Yu, Kirilenko, Fu Guangzheng, Fu Guangwei and Li Zekai sat together. This time everyone made a lot of money. When they heard that Feng Yu said that he wanted to invest in some industries, they all said that they wanted to invest in some industries. Take one share.

"Everyone wants to do business with me. That's no problem. We're all friends. I'm not used to being a solitary person. What do you think? What areas do you think are worth investing in?"

A person's energy is limited after all, and Feng Yu is very happy to cooperate with them, so there is no problem in continuing to cooperate.

"I think electronic products have great potential in the future, but our factory is too small. I think we should expand the factory's production capacity," Fu Guangzheng said.

"I just cooperated with Feng to open four factories in Eastern Europe. Didn't Canada and the United States also open a factory each? Although they mainly produce mobile phones, they can also produce other electronic products. Isn't this enough?" Lilenko was somewhat disapproving. The prospects for electronic products are good, but it would be too blind to continue to expand production capacity now, right

"I think what Guang Zheng said makes sense. At least production capacity in Asia needs to be expanded, and at this time, the economies of Southeast Asian countries are in recession. It is still very cost-effective to acquire an electronics factory in Malaysia, Thailand, etc. India is also a relatively good one. Choice, the labor costs there are also very low, but you need to find local people to cooperate." Li Zekai thought for a while and said.

"I think the expansion pace of Taihua Supermarket Group is too slow. We can now allow Taihua Supermarket Group to expand rapidly. Judging from Huaxia's increasing purchasing power, it is absolutely no problem to open 300 super supermarkets. We can form a fact Monopoly!" Fu Guangwei believes that the expansion pace of supermarkets is too conservative and the speed is too slow. When can they occupy all cities in China

There are more than 300 prefecture-level administrative districts in mainland China. Excluding some remote ones, there are at least 200 areas worthy of opening a Taihua Super Hypermarket.

Among them, in provincial capital cities, cities under separate state planning, etc., at least five stores must be opened, and municipalities directly under the Central Government must open at least ten stores. There are 300 Taihua Super Hypermarkets, which guarantees that even Wal-Mart and Carrefour will have no choice but to withdraw from the Chinese market.

Li Zekai's expression changed slightly. If Taihua Supermarket Group expands like this, of course they can make money, but their Ou Chen's retail store will inevitably be seriously affected. This situation was something he didn't want to see.

Although he has made it clear that Lao Dou's assets will be left to his boss in the future, and he will create his own business empire. Li Chaoren will leave the shares of Taihua Supermarket Group to him in the future. But he can't let Taihua Supermarket Group squeeze out his own retail stores.

"The investment in super hypermarkets is not low. And now that there are so many supermarkets following the trend, we are no longer unique. The original hot scene may not last forever. Such crazy expansion is not rational, right?" Li Zekai objected.

They have to invest at least more than 2 billion U.S. dollars in more than 200 super hypermarkets, which is also several hundred million U.S. dollars if divided among everyone.

Li Zekai couldn't come up with such a large amount of money, and he believed that Fu Guangwei couldn't come up with it either, so he could only continue to ask for it from his family. But for Feng Yu and Fu Guangzheng, there was no great pressure.

Fu Guangzheng also said: "Weizai, it is certain to speed up the opening of new stores, but not so fast. The funding problem is easy to solve, but we do not have enough management talents. Negative news about a super hypermarket will also have an impact on the entire Taihua Supermarket Group. of."

"If there are 50 new companies this year, we will invest US$500 million in proportion, and the excess will be used to repay part of the loan. As for management talents, some will be recruited from the public and poached from other shopping malls, and some will be promoted internally. It's not a matter of principle, just some minor issues that will be solved slowly. Even if it can't be completed this year, how about buying the land first?" Feng Yu made a decision.

He knew what Fu Guangwei was worried about. Although Carrefour and Wal-Mart only had two or three supermarkets in China, their sales were also very good. Once they identify the Chinese market, maybe because of their foreign investment, they will be more popular with the locals than Taihua Supermarket Group.

When they want to expand, they will have to pay a higher price. It is better to just use crazy expansion mode now to prevent Wal-Mart and Carrefour from expanding.

Moreover, it will be much cheaper to buy land now, and you can occupy a good position in advance. It doesn’t have to open next year, it can open the year after that, but other supermarkets can’t compete with them locally.

The Chinese brand of Taihua Supermarket Group has been properly promoted and has gradually formed a patriotic sentiment in the hearts of many people. They often make donations in the name of Taihua Supermarket Group, making Taihua Supermarket Group more and more popular with the people.

After hearing Feng Yu's words, Fu Guangwei and the others looked at each other and nodded in agreement. It only costs tens of millions of dollars for a family, but they can still easily come up with it.

"Electronic products are also one of the important industries in my plan for future development, so I think expansion is feasible. Even Eastern Europe and the Americas already have factories. But Western Europe also needs at least three factories, and Southeast Asia also needs three. I am going to run four factories at the same time, which one of you is interested?"

Within two years, mobile phones will develop explosively. There are also MP3, U disk, DVD, LCD display products, etc., which will all usher in an explosive period. In terms of existing production capacity, Feng Yu is still not satisfied.

Even domestic factories, Feng Yu felt, were too small. In his previous life, the Chinese market was filled with all kinds of imported electronic products, and the quantity far exceeded the production capacity of Fengyu and Aihua.

Hearing what Feng Yu said, Li Zekai and Fu Guangwei looked at each other without saying a word. After investing their money in Taihua Supermarket Group, they didn't have much left. After all, this financial crisis has reduced their capital. Not much.

"I can still have some money to invest. It's about how much I need to invest. If you give me a number, can I still get that percentage?"

Every time Feng Yu invited Fu Guangzheng to buy shares, he would give Fu Guangzheng at least 10% of the shares. Fu Guangzheng did not want this ratio to decrease. If he has no money, he can borrow money from his father or uncle. I believe he can still raise it.

Li Zekai also gritted his teeth and said: "If Brother Feng agrees, I also want to take a share in some new factories."

Li Chaoren also raised billions of dollars this time. Although his profits have not doubled, they are still several billion dollars. Li Zekai thinks that he would not object to borrowing money from his father at this time. After all, he also said, The development potential of electronic products is huge. If you don't speak up at this time, it will be even harder to buy shares in the future.

Feng Yu asked Kirilenko's opinion again. Kirilenko originally didn't want to continue investing, but seeing that they all invested, what does this mean? It means that they all believe that the market for electronic products will develop even better. .

"Feng, then let me get involved too. I won't participate in the management of the 10% shares. I can contribute a little more money."

Feng Yu smiled: "Of course, Brother Fu, the old rule is that you are responsible for choosing locations to build factories in Western Europe and Asia, or acquiring branch factories, and I will take care of the expansion in the mainland."

Fu Guangwei watched them decide so quickly to invest in so many new factories, and Feng Yu was still the leader. How much money would Feng Yu have to invest? How much money did he make this time

(End of chapter)