If you really eat it in your mouth, it feels delicious, but you can't tell where it is delicious.

Regardless of his age, Xie Zhigang still stuffed two bowls of nonsense, and finally rubbed his warm stomach, feeling extremely comfortable.

After eating, he sighed: "This meat is really good, but it's a pity that there is no wine pairing."

"Hey, since Lao Xie wants to drink, it's hard to say. Tonight, you should let go and have a good drink or two with Lao Xie to see how much he can drink." Shang Fuhai continued the conversation directly.

When he said that, Liang Rubo, An Xiaohui, and Han Zhengyu all yelled, yelling that they must pour Xie Zhigang under the table.

But Shang Fuhai and Xie Zhigang drank together, he knew that Lao Xie's drinking capacity was not enough for ordinary people to get drunk.

In a room of about 30 square meters, the floor of the room is covered with carpets, a round table is placed in the middle, and eight chairs are placed at equal distances.

The eight people were seated separately, and Shang Fuhai said: "Everyone, our meeting will start immediately. There are no outsiders today. If you have anything to say, you can say it later. Manager Chen will take the minutes of the meeting. Is there any problem?"

Chen Jingshu nodded and responded: "Boss, there is no problem."

"Okay, since that's the case, let's talk about the situation of Baofei Convenience Store first." Shang Fuhai said directly.

An Xiaohui had been prepared for a long time. He opened his notebook and followed the record and said, "Everyone, since the boss called the roll, I'll start by talking about the development of Baofei Convenience Store up to now."

They looked around and looked at him. Some of them opened their notebooks with pens in their hands, ready to take notes at any time.

"A total of 69 Baofei convenience stores have been opened in Bo City. This is our upper limit, and the next step is not to dig deeper into the market of convenience stores in Bo City."

"However, the model of Jiajiayue gave me an idea. Whether we can also consider a multi-channel and multi-format development model. I seriously thought about it, and this is still possible."

Having said that, seeing everyone looking at him, An Xiaohui grinned and said, "I'll talk about this in detail later."

"Next, let me talk about the situation in Jicheng. Baofei Convenience Store currently has a total of 73 chain stores in Jicheng. From June to now, we have opened 6 new stores in Jicheng. Next, we do not plan to I am digging deep into the convenience store market in Jicheng, as I said just now, I have been considering the construction of other channels in Jicheng.”

"For example, Jicheng now has Ginza, Intime, Jiajiayue, RT-Mart, Lianhua, Vientiane and other large supermarkets and commercial centers, so why can't Baofei Group have its own hypermarket here? "

"Since I won the market in Jicheng, I mainly made the next step of development for Bincheng. At present, there are a total of 57 chain stores in Bincheng. Up to now, we have opened stores in Bocheng, Jicheng and Bincheng. There are a total of 199 chain stores in the three places, which is only 1 branch short of the store target set by the boss at the annual meeting of the group company at the beginning of the year..."

"At present, Baofei Convenience Store does have a sufficient number of direct-sale chain stores, but our turnover is far from reaching the target, and even our recent continuous expansion, such as property leasing and self-purchase, advertising promotion, etc. Expenses are large, and our operating profit this year may not be as good as last year!"

Chapter 673 Huge Advertising Revenue Difference

"Here in Bincheng, we plan to open up to 60 stores, but in fact the current 57 stores are relatively saturated." An Xiaohui continued.

"After Bincheng is stabilized, our next plan is Weicheng and Qingcheng. In addition, I will assign some people to spread out from the four areas of Bocheng, Jicheng, Bincheng, and Weicheng. , I predict that we will consume a huge amount of funds in the short term, and the 30 billion in the last mortgage loan from Haina Asia was mainly used in this regard.”

Shang Fuhai did not object, he asked: "Lao An, are you sure this time?"

"Boss, I am very sure. Our Baofei Convenience Store currently has sufficient funds and talent reserves, and has a more complete logistics and online docking platform. The layout of the province." An Xiaohui said.

"When that time comes, we will truly be fearless."

"Clap clap clap"

Shang Fuhai applauded him, and then everyone else started applauding too.

"Mr. An, what you said is very good, and the plan is also very good. You not only build the rear in a steady manner, but also forge ahead with determination. If you want to develop, you will develop in parallel with each other. This will never change." Shang Fuhai said.

After the comments, Shang Fuhai continued: "In addition, what you mentioned just now is also very important. The development of Baofei convenience store must be combined with the construction of Tesco and logistics. Let me give you a word."

An Xiaohui raised his ears and listened carefully, the tip of his nose in his hand had already landed on the paper, and when Shang Fuhai said something, he would record it.

"Chain development, logistics first." Shang Fuhai said 8 words.

It is self-evident who this logistics is, it is Baoshun Logistics Co., Ltd.

An Xiaohui also knew this, and even everyone present knew this, and they all acquiesced without saying anything else.

Shang Fuhai paused for a moment, and continued: "For further cost reduction considerations, Baoshun Logistics will support normal temperature storage and fresh food storage centers in the next step. The main purpose of Baoshun Logistics Co., Ltd. in the future is to fully cooperate with Baofei Convenience. stores and the development of Tesco.”

Hearing this, An Xiaohui heaved a sigh of relief to himself. Fortunately, I was afraid that the boss would say otherwise. Fortunately, such a thing did not happen.

"Mr. An, tell me more about the multi-format parallel model you mentioned just now." Shang Fuhai specifically mentioned it.

An Xiaohui nodded and said directly: "Boss, although our Baofei convenience store has now become a community convenience store integrating fast-moving consumer goods, daily consumer goods, and fresh food, it still has inherent shortcomings. type of hypermarket."

Speaking of this, An Xiaohui mentioned Bocheng and Jicheng again: "For example, Bocheng and Jicheng, can we consider building a hypermarket or a comprehensive department store on the basis of the current convenience store? , Yes, we sell all kinds of trendy electronic products and home appliances on e-buy.com, but after all, we don’t have a corresponding comprehensive physical store. In fact, quite a few customers prefer any physical store to some extent. I have a hunch that in the future, our retail channels will inevitably include large supermarkets or general department stores, which is an inevitable development!"

Shang Fuhai thought about it for a while, then turned to look at Chen Jingshu: "Manager Chen, record this matter carefully."

Then he looked at An Xiaohui again, and said, "Mr. An, regarding the multi-business development model you mentioned, give me a development plan as soon as possible, and be careful."

"No problem." An Xiaohui nodded in agreement.

"But there is one thing I have to explain to the boss in advance. If we adopt a multi-business development model in parallel, the amount of funds that may be needed will be even greater, far greater than what is needed now." An Xiaohui mentioned come out.

Shang Fuhai naturally understood this, he nodded and didn't say anything else.

After finishing talking about the Baofei convenience store, Shang Fuhai looked at Ma Yilin again.

Ma Yilin has been working on the opening of a new store in the capital city recently. For this matter, she even put down the matter of the Qingcheng store.

"Mr. Ma, let me introduce the situation of Baofei Catering." Shang Fuhai said.

"Okay, boss, Baofei Catering currently has 5 branches, Bocheng Yintai Store, Jicheng Yintai Store, Hangzhou Yintai Store, Qingcheng Store and Jingcheng Yintai Store. Among them, the property of Qingcheng Store belongs to our own self-shopping business. The other companies are the earliest cooperation models negotiated with Yintai Group.”

"I've been sitting in Yintai store in Beijing. To put it bluntly, there are too many right and wrong in Beijing. If Mr. Li hadn't been helping and supporting me, I'm afraid I wouldn't be able to handle it." Ma Yilin said.

Hearing the word 'Mr. Li', Shang Fuhai frowned: "Mr. Ma, do you know that Uncle Li has some health problems recently, and Uncle Li may retire early at any time."

Ma Yilin's complexion immediately changed: "Boss, are you sure? If Mr. Li retires at this time, our Yintai store in Beijing may be even more difficult."

Shang Fuhai shook his head: "Mr. Ma, if you think so, you are wrong. Regardless of whether Uncle Li will retire or not, you should remember that Baofei Catering develops itself based on itself, not Yintai Mall. If one day Intime thinks that it can’t do without them, Mr. Ma, get ready to buy back shares.”

"Well, I have a plan for this. In addition, I am now discussing the next development plan with Wanda and Mixc. If there is no accident, the next branch will be established between Wanda and Mixc."

"Well! You can think about it yourself, and I don't care about it. If you have any problems that can't be solved, you can come to me at any time." Shang Fuhai said.

"Are there enough funds?"

Ma Yilin nodded: "Baofei Buffet Catering has no problem with funding."

She said so, and Shang Fuhai didn't say any more. The mid-year financial report has not yet been released, but considering the profitability of Baofei's self-service catering, the profit figure is very impressive.

"Mr. Song, Tesco and Baofei Convenience Store always cooperate online and offline. Next, let me introduce the situation of Tesco."

After Ma Yilin finished speaking, Shang Fuhai looked at Song Yutong.

Song Yutong also had a plan for a long time ago: "Boss, up to now, Jingcheng eBay Network Technology Co., Ltd. has set up a branch in Jidong Province. Huang Guanghui is in charge of the company's related affairs. Our e-buy.com is currently in Bocheng , Jicheng and Bincheng, if Baoshun Logistics can achieve rapid distribution across the province in the next step, we will consider completing the channel construction across the province one step ahead of Baofei Convenience Store."

"You have a good idea. Later, you can discuss this matter with Mr. Xu of Baoshun Logistics, but you must remember that we want to develop, but not blindly." Shang Fuhai focused on this.

He is not afraid of the rapid development of the company, but he is afraid that he will want to run before he can stand firm. No one can clearly see the human heart through his belly.

Song Yutong went on to say: "Boss, if we consider the channel construction in Jidong Province, there may be some problems with e-buy.com's current funds. Will e-buy.com consider external financing in the next step?"

"Is there no money in e-buy?" Shang Fuhai asked subconsciously.

Song Yutong's expression changed immediately. Boss, are you ashamed to say, when did Tesco have sufficient funds?

Jingcheng Paike Technology Co., Ltd. has already raised a round of financing, and Yipay has also raised a round of financing. You always secretly sold some of the shares yourself, and the money from selling the shares is fine. I don’t plan to ask you to keep asking for it, but Where is the money from EasyPay financing?

This has to come back.

Shang Fuhai was also ashamed. He used Yipay’s financing funds to repay the mortgage loan he had obtained from China Securities Construction Investment. Now he still owes China Securities Construction Investment a debt of less than 5000 million U.S. dollars, which can be replaced at any time. Where does the development funds for the network come from?

Shang Fuhai scratched his head: "Manager Chen, please write this matter down, and we will sum it up later."

The money is all with Haifei Capital, but Shang Fuhai has made it clear that Haifei Capital is not included in the Baofei Group Company, so the money transferred from the Easy Payment financing will have to be exchanged, at least Song Yutong Currently, it is still in charge of Yipay in name.

Hearing what Shang Fuhai said, Song Yutong breathed a sigh of relief, as long as you know it well.

Knowing about the situation of Yigou.com, Shang Fuhai didn't ask further questions.

His eyes skipped over Song Yutong, and finally fell on Liang Rubo: "Mr. Liang, how is the current situation of Paike short video?"

"Boss, the domestic version of Paike Short Video is developing very well. We currently have more than 4 million download users, and the number of daily active users and monthly active users has exceeded [-] million."

"In addition, the development of the overseas version of Paike's short video has not improved. Zhang Dong of Toutiao is considering continuing to divert traffic to the overseas version of Paike. In addition, Zhang Dong also has an acquisition plan, which is currently in the pipeline. He said that he will withdraw Talk to the boss at some time for you to discuss in detail alone," Liang Rubo said.

Shang Fuhai nodded thoughtfully.

"As for Paike short video's advertising revenue, our Paike short video has benefited from a good user base and user activity. As of July, the total advertising revenue has exceeded 7 billion yuan, which is higher than the current revenue. The advertising revenue of Meituan, Xiaomi and 27.com is slightly lower than that of iQiyi and Weibo, and far less than Toutiao’s 58 billion advertising revenue.”

"There is a difference of more than 10 billion!" Shang Fuhai groped his chin, today's headlines are really amazing.

He is completely standing on the shoulders of today's headlines and Douyin short videos to build Paike short videos. With the passage of time, the data of today's headlines will become more amazing, so what should we do with Paike short videos?

Chapter 674 Rank Evaluation

"Forget it, let's not talk about this for now, Mr. Liang, how do you plan to develop Paike short video next?" Shang Fuhai scratched his head, not thinking about how to compete with Toutiao for the advertising market for the time being, it is unrealistic.

After all, he only shoots short videos of customers, but Toutiao not only has the Toutiao APP, but also other products such as watermelon videos, small volcano videos, etc., and Toutiao has been digging deep in this area for many years. Customer short video can be compared.

Even if he opens up, some things cannot be accomplished overnight.

Liang Rubo pondered for a while, and said: "Boss, Paike short video will continue to increase the promotion of APP in the next step. In addition, I consider naming a reality show, using TV program ratings to continue to expand our product popularity and deepen people in remote areas. Awareness of our products."

Shang Fuhai nodded: "Although it costs a little money, this is a method, yes!"

"In principle, I agree with this plan, Mr. Liang, is there anything else?" Shang Fuhai asked.

Liang Rubo thought for a while, and said: "The people below submitted a plan to me, and I have been hesitating all the time. Today I will speak it out, and everyone will help discuss it together."

When he said this, others were also interested. They all put down the pens and papers in their hands and listened attentively.

"We are going to make a program of our own, and we will make one or several episodes of the short video about crosstalk, singing, and imitating art. The main purpose is to infiltrate the public. Our products also have the ability to tap 'talents' The ability to attract more "capable people" to use our products, so that when people mention short videos of customers, it is no longer just an APP for selfie uploading videos and recording life, but it itself has the ability to create The ability to be a star, and finally reach the point where we are all 'stars'."

This idea is very novel. Turning an online APP product into a big stage that can "make stars" will attract those folks with various acrobatic abilities.

"Mr. Liang, let me say a few words." Xie Zhigang summed up what Liang Rubo said just now, and he said, "Mr. Liang, do you want to improve the connotation of small and medium-sized video programs on Paike APP, improve the quality of programs, and select excellent ones from them?" Talent'..."

"Then hype them up to attract other 'talents' to join the Paike short video app, forming a virtuous circle, is that what you mean?" Xie Zhigang said.

"Snapped"

Liang Rubo snapped his fingers: "That's right, Mr. Xie spoke directly from my heart, that's it."

"To be honest, in the early days, in order to quickly promote our products, there were actually many videos that were not nutritious, and even a lot of videos were sidetracked, but there is no way, this kind of videos just attract people's attention, and people will watch them!"

Liang Rubo was also very helpless, and then changed the subject: "But it is not the same now, we have a cumulative total of more than 4 million downloads, and there are many duplicates among them, but our user download base is still in the hundreds of millions. At this time, the next step of Paike's development is not so much to continue to find ways to increase downloads and increase product reputation, but to return to the essence and tighten the review. We don't need those 'junk' videos now. On the contrary, we need to review some of them. Excellent 'works' increase promotion, we must always believe that only good enough works can attract more people to use our products."

"Good!" Shang Fuhai gave a thumbs up. This idea is great!

"Mr. Liang, what you said is great. There is no problem with this idea. I believe that you will succeed if you follow this idea. Then I look forward to your good news!" Shang Fuhai's face was filled with an unconcealable smile .

Liang Rubo didn't expect Shang Fuhai to agree with his point of view so quickly, and he was very happy, but he had to face a practical problem: "Boss, the question about funds..."

"Don't worry about it. Later, you can make a detailed plan for me and attach the required funds. I'll take a look." Shang Fuhai said.

This was basically a side agreement, and Liang Rubo was overjoyed.

Shang Fuhai's eyes finally fell on Xie Zhigang: "Mr. Xie, what are the difficulties with Dongyun Food Factory and Dongyun Flour Factory?"

"Boss, I don't have any here." Xie Zhigang thought for a while, and he really had nothing to say.

He had no questions, but Shang Fuhai still asked: "How is the second phase expansion of Dongyun Food Factory and the increase in production capacity going?"

"Everything is proceeding according to the original plan, and there is no problem at present." Xie Zhigang said with certainty.

In terms of funds, Dongyun Food Factory itself withdraws part of the funds. In addition, in order to speed up the second phase construction of Dongyun Food Factory and to build a landmark project in Dongyun, Dongyun Government took the initiative to help Dongyun Food Factory with a guaranteed loan.

The most important thing is that the Dongyun government sees that Shang Fuhai is not short of money, so they are not afraid that he will renege on his debts, otherwise they are not fools these days, who would show their kindness for no reason?

Hearing Xie Zhigang talk about the Dongyun government, Shang Fuhai was also speechless. They really gave all the benefits in place, how should I pay back when the time comes?

Simply make a donation?

"Manager Chen, what time is it?" Shang Fuhai asked. The meeting has been going on since lunch at noon until now, and Shang Fuhai felt a little empty in his stomach.

He casually took a banana from the fruit plate in front of him and ate it.

"Boss, it's 37:[-] in the afternoon." Chen Jingshu said.

"Oh, it's almost five o'clock, I said why I'm still a little hungry." Shang Fuhai muttered, and asked: "Everyone, is there anything else that you want to add? If not, I will add a few more, and then we will This concludes the meeting."

It sounds like the boss is going to make a concluding speech, so isn't President Han going to make a report?

Several people were still wondering that Shang Fuhai didn't give them time to think wildly: "Everyone, what you said just now is very good, but I hope that you can provide me with a complete plan after this meeting. If you can Yes, I will approve it in the shortest possible time, and if there is a need for funds, please explain clearly!"

"In addition, let me make a digression." Shang Fuhai looked around, and he finally said: "I asked Mr. Han to make an option plan. I also told you about this one before. As far as the company's current assets are concerned, short-term Only Paike short video has the possibility of listing, so this option plan is mainly made around Paike short video. After this meeting is over, I will ask Mr. Han to send this plan to everyone. At the same time, we will The group company, including each branch company, will make an overall unified rank division, why do you make this rank division?"

The expressions on the faces of several people were very exciting. They never expected that the boss would mention this matter again at this time, but it was different from the ambiguity last night. Their boss Shang Fuhai said it directly today, which made them seem a little bit Not on the table.

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