Jiang Baichuan attended a meeting and was invited over after the meeting.

When he arrived, the other party was surfing the Internet on his mobile phone. When he saw him come in, he smiled and said, "Old Jiang, this Li Yang is incredible. Not only is he good at running a business, but he is also good at playing games. I can't imagine that an e-sports player can have such an influence."

"What happened to Li Yang?"

"He won a world championship, and now the whole internet is talking about it."

Jiang Baichuan sat down and asked in surprise: "Why did you start paying attention to this?"

The other person smiled and said, "I just saw a lot of young people posting about this on WeChat Moments, and I was curious, so I searched it."

"The young people in your circle of friends are not simple. They also like to play games?"

"Who knows? This is the first time I've seen so many young people posting the same content on WeChat Moments, which is enough to show that this matter is different."

"Li Yang and Jiang Banxia are both very weird." Jiang Baichuan has a deep understanding of this.

I contacted Jiang Banxia privately several times during this period and found that Jiang Banxia had been led astray by Li Yang. She always wanted benefits and didn't want to talk any more unless there were benefits.

Jiang Banxia was completely different from the one he first met.

The other party asked: "Lao Jiang, how long do you think the two of them can hold out?"

"How long does what last?"

The other party had a helpless expression, "How long can the companies under their names last? I have the data here. Jiying Automobile has more than 30,000 employees, with an average salary of 18,000 yuan, and the labor cost of each employee is 22,000 yuan per month. Lushui Group has 29,000 employees, with an average salary of 7,600 yuan, and the labor cost of each employee is 10,000 yuan per month. Kuaipai has nearly 20,000 employees, with salaries of 11,000 and 14,000 respectively. Wanliu Capital has 800 employees, with salaries of 26,000 and 32,000 respectively. Let's not count the others for now..."

Jiang Baichuan asked: "Is there any problem with this?"

"Yes, it's a big problem! The annual labor cost is close to 15 billion. How many years can the two of them afford it?"

Jiang Baichuan was puzzled: "This has nothing to do with us, right?"

"If it didn't matter, I wouldn't have called you over. I know you have a good relationship with them. Strictly speaking, they are also on your side. I just want you to persuade them to take it easy, build a few century-old enterprises, and not squander all their money."

Jiang Baichuan laughed: "I think you are afraid! Afraid that they will do something too big."

The other party did not refute, but said: "It's too early to be afraid now. I'm just worried that something might go wrong. The two of them are subverting the industry."

Jiang Baichuan asked back: "Shouldn't it be overturned?"

"It's time! But not now! What we need most now is stability to deal with what may happen in the future. Once it becomes unstable, it will likely become an outlet for venting..."

"Haha, you're really thick-skinned to make it sound so good."

The other party was not angry, but asked: "Old Jiang, can you guarantee that the two of them can keep going? The current scale of 80,000 to 900,000 people is nothing. Can they expand the scale to 800,000 or 900,000 people? If they can, then I am being mean. What if they can't?"

"What can't happen?"

"If they can't, they are the big fish that stirs up the pond, muddying the water without taking responsibility. And that lunatic Ye Biaocheng has been waving the flag and shouting, something bad will happen sooner or later, you know?"

Jiang Baichuan disagreed and said, "At least they are doing the right thing now. It's hard to say what will happen in the future."

The other party questioned, "Is it right? If all companies around the world follow their example, those who lose money will have to make a living. If everyone does that, who will start a business? Who will start a company? It would be fine if Li Yang could manage companies across the country, but the problem is that he only manages one or two. Do you know how difficult it is for new energy vehicle companies now? They have been complaining about Jiying Auto's chaos and not giving them any room to survive."

"What?" All of Jiying Auto's costs are clear. Although it hasn't released financial statements, it's not far from profitability. How can a profitable company do what it wants? Shouldn't those so-called emerging companies consider their own problems? How can Jiying Auto spend tens of billions to achieve this in just a few years? They raise billions of dollars from this institution and that institution all day long. Where is the money?"

Several new domestic car companies have basically raised tens of billions of dollars in financing, and both domestic and foreign capital are increasing their investment.

However, their products are not competitive at all, and the market has been almost completely taken away by Jiying Automobile. It is difficult for them to sell even a thousand vehicles a year.

The reason is simple. When car companies calculate costs, the cost of a car is ridiculously high.

The low-end models are several levels behind the Jiying cars in all aspects, do not have a sufficiently advanced intelligent system, and cost more than 400,000 yuan.

The high-end one is equipped with a certain intelligent system, which is two or three generations behind the Jiying car, and its cost is more than 600,000 yuan.

The cost is so high, so you can imagine the selling price, which is basically over 600,000.

How can a product like that compete with Jiying Automobile?

Ultimately, costs are not controlled well.

First, the bosses of those companies will try to make some money, and then the various people with connections within the company and the senior management with more power will all try their best to make some money.

Nominally, a project cost more than 10 billion yuan, but how much of that money was actually spent on researchers and developers?

Li Yang would not take money from the company for no reason. He would also find ways to take money from it, his own money.

This is the attitude of doing business.

The other party said helplessly: "That's because Jiying Automobile succeeded. What if it didn't succeed?"

"If it hadn't been successful, this wouldn't have happened, so there's no point in discussing it."

"But we can't just have success. We want to have success in many aspects, with both blooming and withering, so that we have a big enough plate. And you have to know one thing, Jiang, if it's too big, there is no room for error. For example, it's easy to be sanctioned. Hua Wei is an example."

Jiang Baichuan smiled and said, "Sanctions? Jiying Automobile doesn't use any foreign technology. They made it all by themselves. They support the domestic industrial chain themselves. Even the system is their own. Why impose sanctions? Who can sanction them?"

"I'm just giving an example. Let me exaggerate a little. What if something happens to Li Yang? He can be powerful, but he can't let others be too weak."

"If something happens to Li Yang, someone else will naturally step forward. Li Yang has already proved that those who are serious about running a business are not too bad. He started out in a desperate situation, but now he has survived, hasn't he?"

"That's because he's rich!"

"Are other people short of money? No one in this line of work will be short of money, and those who are short of money will not go into this line of work."

"I asked you to come over and have a chat with me out of kindness. Why are you arguing with me?" The other party felt that no matter what he said, Jiang Baichuan would refute him.

Jiang Baichuan said: "Anyway, I think it's good for the two big fish, Li Yang and Jiang Banxia, ​​to stir up the market. At least in the securities market, other companies are starting to correct their attitudes. If they don't correct their attitudes, they will have no food to eat! If they don't correct their attitudes, I don't mind opening some backdoors for Wanliu Capital and changing some rules for Wanliu Capital!"

The other party felt that Jiang Baichuan was crazy.

You can say this.

Change the rules? So Willow Capital is the only financial company in the world? All other companies will be dead, right?

The country is now preparing for economic decoupling from the West. The biggest test at this time is the resilience of the economic structure, and multiple structures are one kind of resilience.

What I am most afraid of is that the companies under Li Yang's name came to set standards, but ended up not being able to continue with the game. The standards were also deeply rooted in people's minds. For the entire industry, it will take many years to recover.

If Li Yang can keep playing, then he has to admit that Li Yang is awesome.

But given the expansion rate of their companies, the number of employees this year will definitely exceed 100,000, and next year it will be between 130,000 and 150,000. By the time there are 200,000 employees, Li Yang and Jiang Banxia will have to spend 40 billion yuan on employee salaries every year.

Even if Wanliu Capital makes a stable profit of 10 billion every year, Jiying Group will still have to sell cars worth 300 billion. After all, Lushui Group and Kuaipai are not profitable.

And that’s without even taking into account bandwidth, server, and inventory costs.

Judging from the current situation, these costs will amount to tens of billions of dollars a year.

How can Jiying Automobile achieve a turnover of over 300 billion?

Including financial marketing, the maximum amount of revenue this year is 200 billion yuan. With the quota getting smaller and smaller, Jiying Auto's orders have shown signs of fatigue since the second half of the year.

Li Yang’s marketing is indeed amazing, but he has already provided all the services he can, and not everyone needs those services.

It's impossible for Li Yang to provide a service that everyone needs, but others can't do it, so he is the only one who can do it, right?

He has no cards left!

If the quality of Jiying cars is good, it may be able to stabilize its orders and prevent them from declining too quickly.

If it wasn't so good, collapse would happen in an instant.

During this communication, the two parties were not on the same wavelength and the conversation ended on a bad note.

Jiang Baichuan was just being tough for once, because Jiang Banxia and Li Yang were a very powerful couple. In fact, he was worried that they wouldn't be able to hold on for long.

At least from the current situation, the two do not seem to be planning on taking the long-term path.

The various operations are too radical.

Li Yang expanded the production line without hesitation and recruited people on a large scale.

The same goes for Jiang Banxia, ​​who is running Wanliu Capital, a group with a scale of hundreds of billions, but has less than a thousand employees.

Other financial institutions of this size have more than a thousand data analysts.

After returning to the unit, he did some calculations out of boredom.

I was surprised to see the numbers he calculated.

Before they knew it, both of them had grown the company to this size.

awesome.

The disadvantage is that it is too dependent on Wanliu Capital, and no one in the financial industry dares to say that they can always make money.

……

After Li Yang finished the game, he returned to his hometown immediately.

Jiang Banxia works during the day and he works at night.

Although the two of them don't have much time to meet, they can still have breakfast together in the morning.

After dinner, he went to sleep and Jiang Banxia went to work.

After Jiang Banxia came back in the afternoon to have dinner with him, he went to work again.

"Sooner or later, the opening time of the US stock market will be changed!"

After a few days, Jiang Banxia made a fatal complaint.

Li Yang, on the other hand, fantasized about the feasibility of this matter in his mind.

It doesn't seem completely hopeless.

He has been adjusting his portfolio recently because the amount of funds involved is too large, from 30 billion US dollars six months ago to 35 billion US dollars now, which makes the adjustment quite difficult.

It is not easy to open a short position in U.S. stocks, especially a short position in individual stocks.

There is no problem with small funds, but large funds take time, and there are only more than three months left.

In order to avoid being targeted, his funds are very dispersed. No matter how large the stock is, the margin for short positions will not exceed US$1 billion, and is basically around US$200 to 300 million.

After being busy for a few days, it was already December.

……

"Hasn't the cargo arrived at the dock? Ship it all back!"

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