Debuted right after graduating from high school

Since Fan Wumian acquired the exclusive rights to operate Feile in Greater China, he has adopted a new model of independent design, production, promotion and sales.

Trendy items like chunky sneakers and Yeezy sneakers actually have no connection whatsoever with Fei Le's parent company, Fei Le South Korea.

He holds the exclusive patents, and apart from sharing a brand name, there is almost no business dealings between them; he is a completely independent company.

In contrast, South Korea's Feile was once popular in South Korea and loved by many young consumers. However, it did not invest much money and energy in independent development afterward. Instead, it was more like a regional distributor, getting goods directly from Feile's parent company and then selling them in the South Korean market.

Just like Fan Wumian's Feile brand, it was unable to sell its products in the international market. It only obtained exclusive operating rights in mainland China, Taiwan, and Hong Kong. Feile in South Korea was also restricted to the South Korean market. Otherwise, it would have been sued for breach of contract and had its authorization forcibly revoked.

Similarly, the products of Feile's parent company are also prohibited from being sold directly to the Greater China and South Korean markets. Squeezed by competitors such as Adidas, Nike, Converse, and Puma, the company suffered losses in the past two years. The only things that are truly valuable are its office buildings, factories, and physical stores.

Because he was unable to embark on a global expansion, and seeing how well Fei Li was doing under his management, Fan Wumian planned to turn around and directly acquire Fei Li's parent company from the American company.

He doesn't care much about stores or factories; what he values ​​most are securing overseas sales rights and existing direct-sales and franchise sales channels.

Shek O Country Club is located in a scenic area with both sea views and a golf course.

As one of the most mysterious and high-end members-only golf courses in Hong Kong, Zuo Ziyan's family only gained access to the club after buying 13 Big Wave Bay Road nearby.

The so-called threshold was practically meaningless to Fan Wumian.

He had only been out for a short while when the club manager proactively handed him a membership card and offered to waive the annual fee for him, welcoming him to come and play anytime.

Some members who are neither particularly strong nor weak need the club's resources, connections, and reputation to prove how capable they are.

With Fan Wumian's current strength, both in terms of the scale of his wealth and his social influence, he is powerful enough that these high-end clubs would be proud to have him as a member.

In fact, some secret groups in Europe and America have also extended olive branches to him.

However, to avoid unnecessary trouble, Fan Wumian did not ask any further questions, nor did he have any intention of joining in the fun. Countless examples, such as "a certain death list" and "Luoluo Island," could prove that those small groups were not simple and that one could easily be implicated for no reason.

at this time.

Zuo Ziyan said to him:
"A $6000 million offer is really a bit expensive. I remember you only spent $2800 million to acquire the exclusive rights to operate Feile in the entire Greater China region, right?"

"Acquiring is fine, not acquiring is also fine, it mainly depends on you."

"South Korea has a total population of forty to fifty million, but it has already crossed the threshold of developed countries. The consumer market should be quite large. After all, you have a lot of fans there, and it seems that some female celebrities have said that you are their dream lover."

Fan Wumian's lips twitched as he clarified:
"I happen to know about this. Her name is Han Xiaozhou, right? She only said on a variety show that I'm her ideal type, but I'm clearly not her dream girl."

“You’re not in the entertainment industry, so you might not know some things. I’m often used as a shield, and people use my fame to create hype. Just listen to it and don’t take it to heart.”

"Could the chef have had a slip of the hand? I smell a bit too much vinegar."

Zuo Ziyan smiled and said:
"I'm not jealous. You're a celebrity, and so many people like you. If I were jealous all the time, I would have drowned in a vat of vinegar long ago, and I would have made room for other women."

"Regarding Fei Li in South Korea, Ah Mian, have you considered that if something happens to that company, it might affect you?"

"I estimate that many consumers will be confused about the difference between your company and South Korean companies, but if they get their goods from you in the future, you can still make money from the South Korean market."

Fan Wumian said:

“I think that once we take over unified management, things will be much easier in the future, and we’ll definitely be able to recoup the $6000 million cost. But we’re still not sure how high the rate of return will be. We’re having someone help us look up the data, and we’re also trying to try to lower the price.”

"We've been expanding like crazy lately, all we've done is acquire, and now we probably need to calm down and slowly digest these newly acquired projects." "Physical businesses are indeed troublesome. Dealing with Jaguar Land Rover, Aston Martin, and Marvel Entertainment has left me dizzy and overwhelmed. We should focus on financing, equity participation, and stock investments; I'm already feeling like I'm about to be overwhelmed."

In reality, it wasn't that busy; much of the work was delegated to subordinate employees.

But in order to avoid arousing Zuo Ziyan's suspicion and to allow her to spend more time with other girls, Fan Wumian dared not say that she only worked two or three hours a day.

Zuo Ziyan sighed with emotion:

“I just mentioned these British car companies to you last time. You acted really fast. In the blink of an eye, you actually acquired them.”

“I don’t think I’m stupid. My grades in school were much better than yours, my family has a strong business background, and I even studied business management, finance and investment at Cambridge University.”

Sometimes I wonder, compared to you, where exactly do I fall short?

Fan Wumian was well aware that the problem lay in the phrase "information gap," but he jokingly remarked:

"There's a big difference. You have humanity, morality, bottom line, conscience, kindness, and vision. I'm more flexible and fluctuating."

"Just like the recent bankruptcy of countless middle-class Americans, the sharp drop in housing prices that forced them to default on their mortgages, and some unfortunate ones even sleeping on the streets, I would love for them to lose even more, so that my short positions can make more money and force them to give back some of the wealth they have plundered from around the world."

"Besides, I'm greedy. I clearly have more wealth than I could ever spend in this lifetime, but my appetite is bigger than anyone else's. Wouldn't it be better to retire early, stay at home, grow flowers, and go fishing? Now I'm busy dealing with all sorts of things, and I'm becoming a slave to money."

Zuo Ziyan was amused by these words and said:

"You're just following market trends in your investment strategy. The high mortgage rates in the US, the lax vetting of homebuyers, and the failure to curb the housing bubble—these were all contributing factors to the subprime mortgage crisis, and you didn't cause them. What does it have to do with you?"

"You were willing to give up making money from A-shares and instead suppress the market to prevent a stock market bubble, which already shows that you have a lot of morality, conscience and vision."

"Maybe I'm only good at studying, unlike you who's good at seizing investment opportunities, like taking risks and going all in with loans. I could never do something like that because my family has always taught me to play it safe and preserve my wealth."

"Your family is rich, so you can't squander your money on eating and drinking. The biggest risk is investing in business. For example, the Lin family behind Huanya Film Company insisted on spending a lot of money to acquire the Furama Hotel at a premium in 1997. A once-prosperous family worth billions declined in the blink of an eye."

As he spoke, Fan Wumian savored the well-done tomahawk steak, finding it chewy and perfectly flavorful.

Regardless of how others evaluate how steak should be eaten, whenever he sees myoglobin in a steak, he feels as if he's eating raw meat and drinking blood, and can't help but worry that there might be parasites due to insufficient cooking temperature.

Fu Cheng is so rich that even if he insists on having his steak cooked until both sides are charred, people will still praise him for being "unconventional and full of personality."

He then thought of the A-shares market, which had entered a "bull market," took a deep breath, and continued:

"The Shanghai Composite Index rose to over 4400 points, but today it suddenly fell back to 4250 points. If I had known it was such a hopeless case, I would have been better off enjoying myself and making some real money instead of suffering so much."

"It's a pity that short selling is not allowed in the A-share market, otherwise I would definitely go on a short selling spree and wipe out those gamblers in a while."

"It's really hard to be a good person. Many wealthy businessmen have good personalities and temperaments, but their public image is very negative. This can save you a lot of trouble."

Zuo Ziyan said with a smile:
"That's just how the stock market is. Everyone's eyes are only on money. They only speculate in stocks to make money. You can't directly short sell A-shares, but I remember that Direxion, a US company, has a product that allows you to short sell mainland companies listed in Hong Kong with a 3x leverage. You can look into it if you're interested."

Fan Wumian asked in surprise:

"Huh? I really don't know. I'll have someone look into it later." (End of Chapter)