Siheyuan: Returning to 61 to collect waste

For those businesses that cannot enter the high-end market, operating low-end products also has potential. Some business-minded people are preparing to open daily necessities stores, while those with strong financial resources plan to open clothing stores or electrical appliance stores.

From mid-May to mid-September of that year, over four months, construction and renovation began in various parts of the city. After simple renovations, shops opened one after another, and many already prosperous areas formed new small commercial areas.

Ye Chuan also sincerely said that the power of example is huge. If it weren't for the successful demonstration of Huade Department Store, many people might continue to wait and see.

He did not take any restrictive measures on these newly opened shops. Whether in terms of scale, price or service quality, Huade Department Store has obvious competitive advantages: it is the market leader, and the rest of the shops can only have a share of the pie.

However, the Chinese market is so large that even the profits earned by competitors are enough to make them a future business force.

Witnessing the booming business, the middle and senior management of Huade Group all believed that Ye Chuan’s next step would be to expand production capacity.

However, what they didn't expect was that although Ye Chuan did intend to expand the scale, his target was not all branches and factories, but the Huade R&D Center.

As a result, the human resources department of the group headquarters quickly became busy, and the new human resources director Yu Lan led the team to visit double-first-class universities in various places to recruit talents.

Yu Lan is a young capable person promoted by Ye Chuan himself. She not only has outstanding appearance, but also has a pair of phoenix eyes that seem to be able to speak and are extremely charming.

Many employees privately speculated whether Yu Lan had used some "magic" on Mr. Ye, otherwise how could he have been promoted to a senior position in just one year.

Currently, Huade R&D Center has nearly 500 employees, and each employee receives a considerable salary.

However, Ye Chuan thought that this was far from enough. If it could be expanded to a thousand people in the shortest possible time, it would be an ideal choice.

Even Tong Yao and Li Huikuizi were a little confused. They thought that although it was important to focus on research and development, was it a bit too much to pay so much attention to it?

After more than two hours of discussion, Ye Chuan finally convinced his two wives, and they agreed to fully support his decision.

In fact, with the current financial resources of Huade Group, it no longer needs the financial support of Tino Cosmetics, but he has longer-term plans, so he is still continuously drawing funds from Tino Group.

Li Huikuizi had no objection to this. Even if it was not just about funds, even if she was asked to hand over all her shares, she would not hesitate.

Yu Lan did not let Ye Chuan down. She spent two months visiting dozens of universities across the country.

In the end, she brought back more than 300 top students majoring in mechanical, electronic and engineering.

These new employees were very satisfied with this. First, they were able to live in Beijing; second, they could get a monthly salary of more than 200 yuan right after graduation, which was definitely a high income in that era.

Ye Chuan does not feel sorry for these investments, he firmly believes that there will be a return one day.

What does the hot sales of rice cookers, electric kettles, air conditioners and other electrical appliances prove? It proves that technological accumulation can be converted into abundant funds.

But in that era, few people valued technological accumulation, and even fewer people had the ability to invest in technological research and development.

Ye Chuan became the first private businessman to attach great importance to technological accumulation, which ensured that he would not fall behind in the next few decades.

Even today, decades later, having thousands of R&D personnel is a remarkable thing, let alone in the 1980s.

When Ye Chuan saw shops opening one after another in the streets and doing booming business, he suddenly had an idea.

What would it look like if a commercial complex was built in that era?

After having this idea, Ye Chuan immediately began to prepare for its implementation.

He found Chen Feiming and secured a piece of land in the most prosperous area. Although the area was not large, it would still not be a problem to build a large shopping mall similar to the future.

Ye Chuan invited the top designers and personally participated in the design process.

His goal is to ensure that the interior decoration of the commercial complex will remain timeless for forty years and will not be disliked by young people even today.

To this end, he pays special attention to sourcing, planning and service.

The interior and exterior decoration design took nearly two months.

Ye Chuan put forward all his requirements and rejected countless design proposals. If it weren't for the generous fee, the design team would have quit long ago.

Whenever a design they thought was satisfactory was completely rejected by Ye Chuan, the head of the design team would be very dissatisfied.

But when Ye Chuan explained his ideas and pointed out many deficiencies in the design, these talents sincerely admired him. After nearly two months of hard work, a design plan was finally determined.

The design team breathed a sigh of relief. When they saw the final design, they realized that this was an industry-disruptive building and an unprecedented great design.

By the end of **, the final design had been completed, and Ye Chuan contacted several construction companies. When the heads of these companies saw the design drawings, they were all silent.

They had never undertaken such a special task before, so they actually adopted the integral casting method instead of the traditional brick-concrete structure.

Eventually, a state-owned construction company agreed to give it a try and proposed a one-year construction period.

Ye Chuan, the head of the nods node, agreed to the other party's request, believing that one year was acceptable. The next step was the most difficult negotiation.

The commercial complex has two basement floors, one for parking and the other for a supermarket.

He contacted his long-time partner Louis, hoping that Walmart Supermarket could enter the Chinese market.

Walmart Supermarket originally planned to enter China in 1996. After several years of research and investigation, the group decided to open its first store in China.

But it was already the end of 1988, and if the store opened, it would be in . Wal-Mart had not yet conducted market research, and Louis was worried that the board of directors would not approve the decision.

But after talking for an entire afternoon, Ye Chuan's endless chatter finally convinced Louis.

"Ye, you are really good at speaking. I will go back to the headquarters and try my best to convince those stubborn old directors, but I can't guarantee that I can do it!"

"Louis, I believe you! The Womar Group is facing difficulties now. If it wants to develop further, the Chinese market is the most critical step."

"Ye, I can only say that I will try my best, but I dare not make any promises." Louis shrugged. "Then wait for your good news, my friend!" Ye Chuan said confidently.

At first, Ye Chuan planned to open a supermarket by himself, but since his business was already very extensive, he could not spare any manpower. After cooperating with Wal-Mart Group for many years, he knew that they had a mature set of supermarket management experience. Through cooperation, he could not only use the brand effect of Wal-Mart to promote the commercial complex, but also achieve a win-win situation.

Since all the work is new and there are certain risks, Ye Chuan needs to invest a lot of money to build a commercial complex. However, he thinks it is worth a try, even if it costs 100 million Chinese yuan to try it. Even if it fails, it can still make a comeback after lying dormant for a few years. With enough money on hand, he has the confidence to keep trying, not to mention that he does not think this cooperation will fail.

Ye Chuan recalled a report he had read in his previous life, about the grand scene of foreign businessmen entering the Huaxia supermarket market in early 1996. Now that he has made plans eight years in advance, he believes that he will also be successful.

It wasn't until the last day of ** that Louis finally called. "Ye, I'm so sorry for the delay."

"It's okay. We haven't started work yet. There's still at least a year left. Even if you call me a year later, we will still be able to catch up." Ye Chuan responded jokingly.

"Haha, Ye, you are so humorous."

"Louis, are you here to announce good news or bad news?"

"Both. Let's hear the good news first!"

"Louis, please speak."

"The board of directors had never conducted a detailed investigation of the Chinese market, and the old directors were very cautious. After seven meetings, they finally decided to open the first Wal-Mart supermarket in Beijing, but they hoped to change the mode of cooperation."

"Oh? How do I change it specifically?"

“Share the risk!”

Ye Chuan's breathing was slightly rapid. He took a deep breath, calmed down and asked, "How do we share the risk?"

"Those old directors are worried about the income of Chinese residents and the long-standing business model. They hope that the WoMart Group and the Huade Group will jointly invest to establish the WoMart Group's Huaxia branch!"

Ye Chuan was stunned. If he heard correctly, Lewis meant that the two companies would jointly invest to establish the Huaxia branch of the Wal-Mart Group, instead of just building the first supermarket?

He asked carefully to confirm.

Lewis said in an apologetic tone: “Ye, you heard it right, I know the board of directors is suspected of taking advantage, but this is indeed their idea.”

"What about the specific cooperation plan?"

"Wal-Mart and Huade Group each invested 2000 million US dollars. Wal-Mart Group was responsible for sales and sourcing, while Huade Group only needed to invest and provide the location for the first supermarket."

“So what is the equity distribution like?”

Lewis seemed a little embarrassed, and after a few seconds of silence, he replied: “The Womar Group holds 60% of the shares, and the Huade Group holds 40% of the shares. This is the minimum requirement of the board of directors.”

Ye Chuan nodded, thinking that this equity ratio was acceptable to him. In fact, Huade Group got a great advantage as it could enjoy all the channels of Womar Group by only paying money.

"What's next?" Ye Chuan knew that there was much more to the matter. It was impossible for a supermarket to spend 4000 million US dollars.

"The board plans to open 10 Wal-Mart supermarkets in China in the next five years, with the funds coming from joint investment from both parties."

Louis did feel a little embarrassed. After all, the Walmart Group had already prepared all the channels, and asking for an extra 10% of the shares did seem like taking advantage.

"Louis, I agree in principle, but I think we should go back to China and discuss it in detail."

"Ye, some details can be adjusted. As long as you agree to the basic framework, we can continue to discuss. But if you want to make a major adjustment to the equity ratio, there is nothing to discuss. My old friend, I can only say that I am very sorry. This is the decision of the board of directors."