Chapter 752 Wait a minute
In addition to the fund product account, don't forget Luo Yang's private account.

That night, the private account also bought 40000 lots, and the current paper profit is about 5 million US dollars.

This is an absolute stunner!

With a shocked Song Wan and a thoughtful An Ying by his side, Luo Yang returned to the conference room.

"Next, we will continue with the fourth item on the agenda for this meeting: discussion and deliberation."

The meeting resumed after the break.

"In light of the above, Guobao Film & Television has decided to invest 2800 million yuan to acquire 51% of the equity of Happy Capital Happy Twist Entertainment Culture Media Co., Ltd., and allocate an additional 5000 million yuan to acquire excellent film and television scripts and original novels, while also signing some promising artists, laying a solid foundation for the next stage of Guobao Film & Television's development."

Guobao Film & Television applied for a total of 7800 million yuan in funding. The reason why it needed to be discussed at the board meeting was that the company did not have that much money in its accounts and needed to borrow it from the group company.

Once "The Other Side of the River" and "Lost in Thailand" are released and generate profits, the money will be returned to the group.

As for whether the group has that much money.
Everyone knows that with a cash cow like Rashomon, not to mention 7800 million, even a hundred million or two wouldn't be a problem.

Since it was a matter of borrowing and returning, the board members naturally had no objections.

Song Wan, in particular, was beaming with joy.

If she knew what kind of miracles the Happy Twist team she had acquired would create in the future, she wouldn't just be overjoyed.

"The last item on the agenda for this board meeting is a resolution on personnel appointments and removals."

The meeting lasted until around 4:40 PM, when we finally arrived at the last item on the agenda.

"Upon the chairman's recommendation and with the board's approval, Yu Haiping is hereby appointed as the Group's Vice President, in charge of Sihai Security and the Sunshine Charity Foundation."

"Upon the chairman's suggestion and with the board's approval, Wen Wan has been appointed as the chairman's assistant."

The meeting ended a little after five o'clock.

There was another item in today's personnel appointment and dismissal announcement, which Luo Yang and Song Wan had mentioned a few days ago: that she would first take charge of Guobao Film and Television.

However, due to the restructuring, Guobao Pictures will be spun off in the next month or two, so this personnel appointment and removal will no longer be necessary, and therefore it was not brought up at today's board meeting.

However, Song Wan still stopped Tan Ying and asked him about the current situation of Guobao Film and Television.

An Ying followed behind Luo Yang, preparing to go to his office to continue her work report.

You've lost a lot of weight recently.

When they were alone in the office, Luo Yang didn't rush into discussing business: "Even if you're busy with work, you must take care of your health. Money can't be earned all day long, and this isn't something that can be done in a day or two."

Compared to the previous period, An Ying has indeed lost a lot of weight.

"It's alright. I eat three meals a day normally. It's probably just that I have too many things on my mind and I'm not getting enough sleep."

An Ying didn't care much about these things, but she still felt warm inside from Luo Yang's concern.

“When Song Wan was here, there seemed to be some things you couldn’t say in front of her.”

After sitting down, Luo Yang lit a cigarette and asked, "Is it because of a problem with the channel development costs?"

"Sequoia Capital has strict auditing procedures for the use of funds."

When it came to business, An Ying's expression immediately turned serious: "The first batch of funds originally scheduled to be allocated has been cut by a quarter. These were projects we carefully selected, which are closely related to Lemon CC in many ways. With such a strict review process, the projects that are not closely related to Lemon CC will not pass their review."

The first batch of projects with ulterior motives were deliberately selected to test Sequoia Capital's attitude.

If the limits are relatively lenient, the subsequent use of funds will be easier to manage.

"They are large investment institutions with rich investment experience. It's not surprising that they have a complete and strict system for supervising the use of funds."

Luo Yang didn't seem to care too much: "This isn't your fault; I was just being presumptuous."

The first batch of funds was cut by a quarter, and when I met with Shen Nanpeng last time to discuss things, he didn't mention it at all.

Perhaps I've seen this kind of situation many times.
"Don't apply for anything too obvious later on. Don't worry about them blocking you if it's related to Lemon CC's expansion. Just apply."

After figuring this out, Luo Yang instructed An Ying, "Make up the shortfall with our own funds. In any case, we'll save half the money."

Of the 100 yuan of Lemon CC's own funds used, only 49.5 yuan belongs to Luo Yang, which is less than half.

"I see."

Although Luo Yang did not explain why, An Ying nodded and accepted it without question.

"Besides this, is there anything else?"

"The production and sales of Hualong Spicy Strips have returned to normal. The next step is to see how much growth sales can be generated as the distribution channels are gradually improved."

With hopeful eyes, An Ying asked, "I wonder what the boss's plans are next?"

"Do you have that much free time now?"

Seeing An Ying's expression, Luo Yang chuckled and said, "Lemon CC's expansion speed in the second half of the year can't be slower than in the first half, otherwise how can we reach a valuation of 100 billion by the end of the year? Although Nayuki is making steady progress, brand building will become increasingly important as competitors enter the market."

"Whether it's Lemon CC or Nayuki, the teams are already mature and their development is on track, so I don't need to spend too much energy on them."

Upon hearing Luo Yang's words, An Ying became anxious and quickly replied, "Right now, I'm focusing most of my energy on channel development and raw material production base construction. I only need to pay a little attention to other aspects."

In short, they just want to launch a new project.

"It's getting late, have dinner with me."

Luo Yang looked at An Ying with a half-smile and said, "You have plenty of time tonight to convince me."

An Ying was stunned for a moment before she reacted.

"I want to go back and take a shower first."

She blushed slightly and said, "I'll change my clothes while I'm at it."

"No need to bother."

Luo Yang smiled and said, "After dinner, I'll go shopping with you and buy you a few suitable outfits to wear to Tomson Riviera tonight."

Shopping
Upon hearing this word, An Ying was momentarily dazed.

How long has it been since you last went shopping?
She usually wears business attire to work, and thanks to her natural beauty, she wears very little makeup.
She doesn't care much about things that aren't related to work.

Luo Yang also noticed this during dinner and shopping later on.

In short, there's an indescribable awkwardness about it.

Do you need to change into another set of clothes?

At the age of twenty-six or twenty-seven, with a curvaceous figure, a voluptuous and fair body, and a pair of long, straight legs that could pierce the heart, she was the epitome of a cheongsam goddess no matter how you looked at her.

Luo Yang stared wide-eyed, while An Ying, oblivious to her surroundings, kept asking, "Boss?"

"Oh!"

Coming to his senses, Luo Yang suggested, "Let's keep more cheongsams at home in the future. I think you look more beautiful in them than in evening gowns."

After he finished speaking, he waved to An Ying and said, "Don't just stand there like an idiot, come sit down and have a drink with me."

"Ding~~~"

The sound of wine glasses clinking echoed in their ears.

"Making money is for a better enjoyment of life."

Luo Yang took a sip of champagne and said, "I don't agree with retaliatory, unrestrained, and crazy enjoyment, but it's necessary to relax and enjoy yourself properly, both physically and mentally."

"Everyone has a different understanding of what constitutes enjoyment in the spiritual world."

An Ying bravely expressed her opinion: "The ultimate enjoyment is to help a company grow from nothing to something, from small to large, overcoming all obstacles and difficulties along the way, and finally becoming what you imagined. This perfect experience from process to result is the ultimate enjoyment."

Goodness, he's a total workaholic!

Luo Yang originally wanted to ask her what he meant to her.

Thinking about it now, I'd better forget it and not humiliate myself.

Just follow the direction.

"Well, I don't expect you to think the same way I do."

Luo Yang leaned back in his wicker chair, looking out at the Bund across the river through the floor-to-ceiling window. As he smoked, he said, "You were hesitant to speak earlier in my office. Tell me, what are your thoughts this time?"

He had been enjoying his champagne, but upon hearing these words, he immediately put down his glass.

"In the process of building the sales channels for Hualong Spicy Strips, I also took the opportunity to familiarize myself with the food industry, from candy and chocolate to potato chips and shrimp snacks, from instant noodles to biscuits and bread, from mineral water to various tea drinks."

An Ying turned to look at Luo Yang and said seriously, "This is a huge market. Each category accounts for tens or hundreds of billions of yuan in annual sales. Moreover, most food companies have abundant cash flow, unlike some industrial companies that seem to be large in scale with annual sales of over 10 billion yuan, but actually have very thin profit margins."

She is absolutely right; the food industry has high profit margins and abundant cash flow.

"So you're really planning to dive right in?"

Luo Yang glanced at An Ying with a smile, then decided to test her: "Let me tell you something. Gray Rhino Capital's gains in the US crude oil futures market have far exceeded initial expectations. By September or October, I will have a very large cash flow, so I've been planning to enter the smartphone market and wanted to transfer you there to take charge from scratch."

In short, the reason I haven't paid much attention to Luoshengtang recently is entirely because I have new plans and arrangements for you.

An Ying was stunned.

Smartphones.
Your own boss wants to start a smartphone brand, starting from scratch.

This perfectly matched her courageous response just now.

An Ying subconsciously bit her lip, lowered her head, and struggled internally.
"Boss, I still want to make a name for myself in the food industry!"

After a long silence, An Ying looked up at Luo Yang and broke the silence, saying, "It's the same story of starting from nothing, growing from small to large, and the opponent is much stronger!"

Eh?
She's a bit stubborn.
Tell me about it.

Unable to sway the temptation, Luo Yang was also filled with curiosity, so he asked, "Which category are you planning to work on?"

“I have two business plans.”

An Ying said something that surprised Luo Yang as soon as she opened her mouth.

"You are quite ambitious."

"I only dare to have ambitions if the platform you provide is big enough."

When it comes to serious matters, An Ying is like a completely different person.

"I plan to open a coffee chain."

An Ying explained in a serious tone: "The first business plan is based on the existing milk tea industry. Our brand awareness, number of stores, and high-quality staff have been gradually developed over the years. Under this premise, we want to enter similar categories to achieve twice the result with half the effort."

She should have been exuding charm in her cheongsam, but when she spoke, she adopted a calm and rational demeanor, displaying a style that was both innocent and alluring, which only highlighted the stark contrast between the two.

"Eh?"

While captivated by the enchanting scenery, Luo Yang was stunned when he suddenly heard the words "coffee chain store".

"A coffee chain?"

Luo Yang snapped out of his daze, thought for a moment, and then asked An Ying, "Are you planning to imitate Starbucks' approach?"

"No, we can't follow Starbucks' path."

An Ying shook her head and said, "Coffee is an imported beverage. Tea, which is native to China, is the taste that Chinese people are accustomed to. However, as we integrate with the world, some groups in China have begun to accept coffee. In any case, our market is far from comparable to that of Europe and the United States, because drinking coffee is as ingrained in their culture as drinking tea is in our culture. Therefore, Starbucks, which originated in the United States, occupies the high-end market due to inertia and stereotypes. We cannot compete with them in this respect!"

"You've got something special."

Luo Yang chuckled, then turned slightly to face An Ying, looking at her and saying, "You continue!"

"Just like how we were the first to establish a high-end brand in the milk tea market, now that others want to enter the market later and compete with Nayuki, the disadvantage is not small."

An Ying naturally continued, "But our later creation, Lemon CC, was very successful because we avoided the high-end market and went straight to the bottom, making the cheapest milk tea. That's how Lemon CC came to be today, and my planned coffee chain stores will follow the same path as Lemon CC."

If he weren't very familiar with the woman in front of him, he would have almost thought she had also been hit by a dump truck.

This concept is exactly the same as the later Luckin Coffee model.

"Our current strategy is very simple."

Before Luo Yang could interrupt, An Ying continued to explain her business plan: "Wherever there is a Lemon CC store, there will inevitably be a newly established coffee chain store. The store area can be smaller than Lemon CC. With extreme cost savings, plus our raw material base and distribution chain, we can completely make the price of coffee dirt cheap!"

The idea is good.

But without the support of a developed mobile internet and big data, isn't it a bit premature to come up with this model now?
Just like the internet wave, the earlier wave was washed ashore and died.

For a moment, Luo Yang fell into deep thought.

An Ying saw everything he said and did.

Recalling her conversation with Luo Yang in his office before leaving get off work, An Ying bit her lower lip again.

After hesitating for a moment, she stood up and slowly moved to squat down in front of Luo Yang.

Eh?
We were having a serious conversation, what are you doing?
Fiery red lips, a cheongsam, and high heels—that's a full buff, right?

I was already planning to agree to this business plan.
Well, let’s talk about it later.

(End of this chapter)

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