Chapter 856 No. 1 Store Prospectus
“Don’t mess around. There are too many bodyguards around Xu Liang, and he lives in seclusion. It is too difficult to kill people.
And if he misses, , with his financial resources, do you think our family still has a way to survive?
So, this is not a choice unless it is a last resort."
Zhao Guodong nodded, he also knew that it was too difficult. .
And with Xu Liang's status, it is difficult to remain silent.
He wouldn’t want to do it until the end.
“Don’t think too badly of things. Xu Liang is a smart man. This time he is willing to give up his share of the Pacific Fund. It can be seen that he also understands that the alliance of interests is far more important than a temporary act of anger. Important.”
Zhao Zhijun’s tone was filled with appreciation.
“It’s not unreasonable to achieve such great achievements at such a young age.
Guodong, you should follow me and learn more from now on.
Don’t shout and kill at every turn, but learn to turn disadvantages into benefits.
A true master can turn his enemies into swords in his own hands. ”
Zhao Guodong nodded slowly.
……
"Is this the level of China's richest man?" 》
Looking at the headline on NetEase’s homepage, Xu Liang frowned.
"Mr. Xu, there are a lot of people scolding you on the Internet, especially Duan Yongji, who publicly said in the media that your speech at PBC College was misleading and I don't know what to say." Lu Hui said angrily.
"Let the secretariat collect information on the Internet. Anyone who involves personal attacks will be prosecuted." Xu Liang said directly.
After Lu Hui nodded, "What about the rest? Do you want to ban the account?"
Currently, Sina is the largest blog and Weibo in the country. Hongyan and Hanhua also control nearly 30% of the equity of NetEase and Sohu. Penguin, one of the four major portals, has direct holdings.
It really needs to be blocked.
Most of the noise on the entire Internet can be cleared up directly.
"No need. People have their say. We have no control over what they want to say. As long as it doesn't involve personal attacks, let them go."
He is not that reckless.
"Is Qian Santai here?"
"He is here, waiting for you in the reception room."
"Let him come in."
Lu Hui nodded and turned around and left go out.
It didn’t take long, and a middle-aged man wearing a blue suit and brown trousers with a slightly stout figure walked in quickly.
"Mr. Xu."
"Sit."
Xu Liang pointed to the sofa opposite.
After the other party quickly sat down, he continued.
“Have the reports for the two quarters of Yihaodian been sorted out?”
Qian Santai quickly handed over a stack of documents.
“It’s all sorted, please take a look.”
Xu Liang took it.
It is already the fifth year since No. 1 store was established.
In the beginning, Yihaodian was just a boutique department store selling film and television after-sales services. Then it started to get involved in online sales. Gradually, online sales surpassed offline and became the focus of Yihaodian.
In 2003, Xu Liang organized the business of No. 1 Store.
Sold all No. 1 offline stores to Taihua Group and became a retail brand under Taihua Group.
Up to now, Yihaodian’s business has been divided into two parts.
Online retail and offline logistics.
After four years of development, the former is no longer limited to the Chinese mainland market. It has No. 1 stores in Japan, South Korea, Hong Kong, Macao, Taiwan, Singapore, Malaysia, and Thailand.
In the Japanese and Korean markets, Hongmeng has developed rapidly due to the foundation it has laid over the years.
However, it is still inferior to the local giants.
Especially Rakuten.
Amazon entered Japan earlier than Yihaodian, and its market share exceeds that of Yihaodian.
Hongmeng’s localization approach is far better than Amazon in terms of management efficiency and flexibility. Coupled with the help of sister websites, it has developed very quickly.
Now only five percentage points behind the opponent.
But in South Korea, the two are neck and neck.
In markets such as Hong Kong, Macao, Taiwan, Singapore, Malaysia and Thailand, Yihaodian is the unquestionable number one.
He understands the needs of Chinese people better than Amazon.
But other countries in Southeast Asia are basically only in big cities.
It's not that No. 1haodian doesn't want to develop in depth, the key is that the foundation is too poor.
This foundation is not just telecommunications foundation, but also infrastructure.
Although Yihaodian has invested heavily in establishing its own logistics and distribution system, it is difficult to see results in a short period of time.
On this basis.
Currently, the number of registered users of Yihaodian has exceeded 139 million, the number of third-party merchants it cooperates with has exceeded 53,000, and the number of products on the shelves has exceeded 459,000.
In five months of 2005, total revenue exceeded US$1.35 billion, with gross profit of 21.5%. Markets outside the mainland accounted for 55% of Yihaodian's total revenue.
Among them, Japan and South Korea account for 28%, Greater China accounts for 23%, and other ASEAN countries together account for only 4%.
Loss of US$78 million.
For five consecutive years, the total losses exceeded US$890 million.
If you include Hongmeng’s investment, Yihaodian has already invested nearly 2 billion US dollars in its development.
With huge investment, Yihaodian has built a logistics network that basically covers East Asia and Southeast Asia.
It has 17 first-level logistics centers, 67 second-level logistics centers, and more than 6,000 logistics distribution points in Beijing, Shanghai, Guangzhou, Seoul, Tokyo, Osaka, and Singapore.
The number of express lockers deployed around the world has exceeded 130,000.
Of course, mainly located in mainland China.
In addition, Yihaodian Logistics owns 19 cargo aircraft of different types and 79 large and small ships.
In Nanyang, a place with tens of thousands of islands, logistics is inseparable from shipping.
58,000 trucks of various types.
Only fixed assets, No. 1 store has 35 billion Hua Xia coins.
The reason why there are so many is mainly because when Xu Liang first started doing logistics in No. 1 Store, he was frantically acquiring land across the country.
More than 10 billion have been invested.
Now that real estate values across the country are appreciating, logistics real estate has also nearly doubled.
Yihaodian made a lot of money as a result.
"Not bad." As soon as these two words came out, Qian Santai's heart was relieved.
“Yihaodian has developed very well under your leadership in the past few years. I saw the right person.”
"Without the strong support of the head office and your far-sighted strategic layout, we would not have developed so fast."
Xu Liang smiled and said: "Old Qian, you haven't changed at all over the years."< br>
“You will succeed only if you don’t forget your original intention.”
Qian Santai smiled modestly.
Seeing this, Xu Liangliang felt relieved but also a little regretful.
Qian Santai has a strategic vision and is not lacking in management ability and skills. The only possible flaw is that he is too stable.
Always think about it with absolute certainty before taking action.
His personality is an advantage in traditional industries, but in the rapidly developing and rapidly changing Internet market, it seems a bit conservative.
But everyone has advantages and disadvantages, the key is how to use it.
The way Xu Liang controls Qian Santai is to set goals for him.
I set stage goals and detailed data requirements. Whether you spend money or do marketing, I only look at the results.
Moving forward.
At present, this method is still good.
“How are the talks with Morgan Stanley and Merrill Lynch?”
“The prospectus has been almost finalized. Yihaodian was listed in Xiangjiang with a total share capital of 1 billion shares and an external capital raising of 1.5 billion. 100 million shares, 50 million old shares were cashed out, and 100 million shares were raised externally
The price per share is HK$72. ”
Xu Liang nodded slightly. According to the current interest rate of US dollars to Hong Kong dollars, it means that No. 1haodian’s valuation is US$9.32 billion.
Exceeding Netcom and Sina.
< br>About two-fifths of Amazon’s market value
“When will the road show start? ”
"It officially starts on July 1st. Starting from Xiangjiang, we will go to Greater China first, then Japan and South Korea, then the United States, and finally Europe.
It will take about two and a half months."
Xu Liang nodded slightly.
"Just follow your plan and call me if you have any problems."
"Okay."
After explaining a few more words, Qian Santai turned and left.
Soon, the CEO of Hongmeng Entertainment walked in to Lily.
"Mr. Xu."
"Mr. Xiang, Hongmeng Entertainment has developed rapidly under your leadership in the past few years. In terms of profitability, you are the well-deserved number one in the company."
Although Bing is growing rapidly.
But in terms of making money, it is still not as good as Hongmeng Entertainment, which includes gaming business.
However, looking at this year’s development, it is obvious that Hongmeng Games will be surpassed by Bing, whether in China or abroad.
After years of accumulation, Bing has accumulated enough experience and users, and has truly entered an explosive period.
We can maintain more than 100% growth every year.
Although games are developing rapidly, this year the country began to rectify the online game market. Hongmeng Games responded to the call and also developed an anti-addiction system.
This has cast a layer of fog on the future of online games.
However, Xu Liangdao is very clear that the above rectification is just like this year's restrictions on real estate. It will last for a year and a half and then continue to develop rapidly.
So, he was not worried at all.
Although Xiang Lili was happy, she was not satisfied.
Although Hongmeng Entertainment is developing rapidly, it also has a lot of internal problems.
"Thanks to the good foundation you laid before, our Hongmeng Entertainment can develop so fast."
"Haha, you are talking about the same argument as old money."
Picked up the teapot and poured it for her One cup.
“Thank you.”
“I heard that you are having conflicts internally?” Xu Liang said with a smile.
"I didn't expect that it would all reach your ears. It's true that good things don't go out, but bad things spread thousands of miles."
Hua Luo smiled bitterly and shook his head.
“It’s almost a fight, I still don’t know.”
“Mr. Xu, I didn’t manage it well.”
Xu Liang waved his hand, “The specifics are What’s going on?”
"In the final analysis, it's all about money. Hongmeng Entertainment has seven business divisions: games, music, film and television, literature, comics, animation and peripheral development.
Games are the undoubted profit pillar, with more than 100,000 yuan earned from domestic and foreign sources every year. The total revenue exceeds 6 billion Huaxia coins.
Music and film and television are the second largest. Although they are not as good as the game division, they can still obtain total revenue of 500 million to 1 billion Huaxia coins every year.
< br>The third category is literature and peripherals.
Although it doesn’t make much, it still has a total revenue of about 100 million per year.
There will be more surrounding areas, but they are almost on the same level.
The worst is comics and animation.
Especially for animation, the production cost of "Kung Fu Panda" was more than 50 million US dollars.
Coupled with the plan to re-produce "Black Cat Sheriff", the expenditure is extremely huge.
A large part of the profits gained from games must be replenished to the animation division.
This naturally makes other departments dissatisfied.
I usually manage things very strictly, but everything goes well.
But this time "Warring States" developed by 'Tianwu Studio' only had 200,000 registered users and 50,000 people were online at the same time within one month of its launch.
Three years ago, this result could be considered excellent.
But now it’s just ordinary.
In particular, our Hongmeng games are famous for their high-quality products. During the development of "Warring States", 280 million Huaxia coins were spent on it.
Liu Kun and Tian Wu wanted to create a classic online game comparable to "Tianxia", "Tian Long Ba Bu" and "Piaomiao Journey", and the result turned out to be like this.
The originally expected dividends were also gone.
Tian Wu was filled with anger in his heart.
Zhao Lang from the Animation Division, "Kung Fu Panda" has been revised again and again, but it still failed to pass the company's review, and he was also very stressed.
In addition, there is usually a bit of acrimony between the two parties.
When the summary meeting was held at the end of the month, the employees on both sides started arguing, and they started fighting later. ”
(End of this chapter)