My minimum living allowance is credited to my account every day with 1000 million yuan
Chapter 451 A Big Stick in One Hand, a Sweet Treat in the Other
Gu Zhang is in the catering business, so he can understand the kind of model that President Han wants to implement.
He took a large, unused space in the shopping mall's food court and put together a variety of specialty snacks, which is similar to his current idea of running a cafeteria.
It's like he takes a large plot of land, then conducts secondary leasing to various small businesses.
Unlike cafeterias, establishments that can be placed in shopping malls must have certain unique features and higher requirements.
As for Mr. Han's statement that there has been no progress in communicating with Junxiao Plaza, this is perfectly normal. First, Junxiao Plaza has not adjusted its requirements. Second, Mr. Han's project is suitable for many projects with excessively large rental areas that are difficult to attract tenants. His project alone can solve the problem of thousands of square meters of shops.
However, shops are in high demand at Junxiao Plaza now. It would be more in line with its commercial interests to break down the large shops into smaller ones. Where would you find a space of several thousand square meters to set up a specialty food market?
"How much steady-state sales can you expect in the first few days after opening?"
He also wanted to take this opportunity to understand the business situation in Junxiao Shopping Mall, so that he could have a reference for opening his own store in the future.
Gu Zhang glanced at He's father and thought there was no need to keep it a secret. The situation of this store could not be replicated unless He Qing's family did it themselves. No one else could have so many special treatments.
"In the first few days after opening, we had about 7 a day. Now that things have stabilized, we have close to 3 a day on weekdays and about 6 a day on weekends."
Mr. Qin was stunned and looked incredulous. "Damn, is there such a good business in the catering industry? With this performance, you can easily make more than 100 million a month."
His younger brother can't even make 20 a month.
A turnover of 100 million is not a 5-fold difference from a turnover of 20.
If a turnover of 20 is the break-even point, then working on a turnover of 20 is a waste of time, while a turnover of 100 million may result in a profit of more than 40.
This is the difference between heaven and earth.
Looking at Mr. He, things are a bit different. His own engineering projects now amount to less than 2 million yuan a year. The annual profit is said to be 2000 million yuan, but after deducting the share that has to be distributed, the actual amount he receives is probably less than 500 million yuan.
It might not even earn as much as Lao He's store?
"Really?" Upon realizing this, President Qin's expression became complicated, and he couldn't help but ask, "Is the catering industry really that profitable? Why do I keep hearing from many people that the catering industry is having a tough year and many restaurants have gone out of business?"
Mr. Han sighed a few times and said, "For every person who loses money, there is someone who makes money. Take Mr. Qin's industry, for example. Many people can't make it anymore, but you're still standing strong, aren't you?"
He also gave President Qin a slight compliment, and then said to Gu Zhang, "Your sales figures are amazing, but your performance this weekend was so much better than usual, that's incredible. How did you do that?"
Gu Zhang himself was envious when he talked about this: "The shopping mall gives extra consumer subsidy vouchers to the stores on weekends."
This is a benefit that Gu Zhangjia doesn't enjoy. Other stores require consumers to grab coupons on the mall's online platform, and those who don't manage to grab them don't get this discount.
As for He Qing's store, the mall provides a special set of targeted coupons, which are consumer subsidies only available to this store. This is one of the reasons why business is booming on weekends.
Mr. Han couldn't help but glance at Mr. He again, and he was convinced that the He family's influence was indeed great. Otherwise, why would the shopping mall pay attention to a crab hotpot restaurant of less than 200 square meters and give it special treatment?
I really need to get to know Mr. He better in the future; maybe my business can take another step forward right there.
"Oh, by the way, Mr. Gu, your brand looks pretty good. I'd like to know if I can franchise with you. What are the franchising requirements, and what kind of support do you offer?"
Gu Zhang sighed; the conditions couldn't be better.
"No franchise fee is charged; we only charge for the sauce packets. All kitchen equipment is provided at half price."
With a 50% discount, the brand definitely didn't lose money; there's no doubt about that.
When Mr. Han heard this, he was stunned. He wasn't thinking about how good the brand's policy was, but his first reaction was that this must be another special support. Let alone a brand with such good business, which franchise brand on the market doesn't make a fortune off you in terms of franchise fees, security deposits, management fees, decoration, and props?
Needless to say, Mr. He somehow managed to get the brand to cooperate as well. He's incredibly resourceful, with support from both the shopping mall and the brand.
He didn't even know that the renovation team had also provided support, and he hadn't had to pay for the renovations yet; he would have to wait until three months later.
It seems this is beyond my control. I'll just stick to running my local specialty food market.
"Mr. Gu, the business conditions at Junxiao Plaza must be very high, considering how good the business is?"
Anyway, he had said everything he should and shouldn't have said, so one more thing wouldn't make a difference. When President Han heard that the business rate of this store was only 5% pure commission, the wine glass in his hand fell to the ground with a thud.
It took him a few seconds to realize what was happening. He hurriedly tried to go out and call a waiter to clean up, but He Jie had already gone ahead. He said in disbelief, "This is outrageous! Under these conditions, Mr. He's store should have at least 600 million in profit a year. If the mall's subsidies continue, it could even be close to 700 million."
President Qin's face changed. Old He casually made a move and earned 100 million in less than a year from an investment of 600 million. What kind of return on investment is that?
This isn't just opening a shop, it's a money-printing machine! Who wouldn't want to do business like this?
Unable to contain his shock, he asked, "Old He, is it really that profitable?"
Father He glanced at Gu Zhang, and hearing what they said, he replied, "Probably, I haven't really calculated it."
Mr. Qin felt as if he had been hit hard in the head. When he looked at Mr. He again, his eyes were different. "Brother, I salute you. You must take the brothers with you when you have time."
Han, watching from the side, clearly saw that Qin, who usually acted like a high and mighty boss, had actually started to bow his head.
Following up on President Qin's words: "President He, today is your family banquet, so it's not appropriate to disturb you too much. Please give me a chance in the next few days. I'll treat you to a couple of drinks, and you can teach me a lesson."
After the two of them left, Mr. He sat down, extremely worried. He couldn't refuse, but the other party was too enthusiastic.
Now that he's agreed, he's worried again. Teaching? What can he teach? He's good at teaching driving, but when it comes to business, all he knows is how to collect money.
After Qin and Han left, the family chatted for a while, mostly listening to Gu Zhang and He Jie talk about recent things at the shop and at home. When it came to family matters, He's father and mother chimed in with a few words.
After finishing her meal, He Qing said to Wang Ping, "Pingping, it's rare for you to come back. I'll go home and sit for a while. You should go back too."
Last time she came back, Wang Ping only made a brief stop at home and spent most of her time with me. Knowing that Wang Ping would definitely stay by my side if I didn't mention it, I told her to go home and check on me after dinner.
I brought both the Rolls-Royce Phantom and the Glorious 009 with me this time, so I could let her ride back in the Glorious 009. The gifts I bought are also in the car.
Since they had all been drinking, He Qing arranged for a security guard to drive her father's car so that her parents could ride in her Rolls-Royce Phantom.
I ran into President Han again when I went out. I don't know if it was a coincidence or if he was waiting for me there on purpose.
"Mr. He, I've been looking forward to meeting you these past few days. I hope you'll do me the honor of joining me."
Mr. He had a good impression of him. He shook hands with him and patted him on the shoulder with his other hand, saying, "Okay, let's have a good drink together then."
"I see you've all been drinking. Would you like me to arrange a driver to take you home?"
"No need, my daughter has probably already made arrangements."
He didn't know how He Qing had arranged it. It seemed that his daughter and her friends had come over together. He had just been complaining about why she hadn't invited her friends to have dinner with them, saying it was so impolite.
He Qing didn't explain that they were bodyguards, but just smiled and said it was nothing, they were all having a meal next door.
As they were talking, a smart and cool woman, around 30 years old, came over. He Qing gave her the keys to the Maybach S680 and asked her to arrange for someone to drive the car.
Mr. Han was also puzzled as to why Mr. He's daughter's friends didn't dine at the same table as Mr. He and his family. What was the reason for this?
After seeing Mr. He to the door, he looked outside and his expression suddenly froze.
The Rolls-Royce Phantom convoy silently came to a stop in front of the restaurant's main entrance. The little golden figurehead on the front of the car gleamed coldly in the sunlight, flanked by two Wranglers, their bodyguards spread out like hawks, the blue light of their headsets flickering at their temples. The moment the engines shut off, the air seemed to be sucked out, even the restaurant's welcoming music sounded distant.
Neither he nor He's father knew who had made such a big fuss, but they saw the woman who had just taken the keys from He Qing handing the Maybach keys to one of the bodyguards.
Mr. Han suddenly turned to look at He Qing and gasped in shock. It turned out to be Mr. He's daughter's bodyguards and convoy.
"Mr. He?"
Mr. He was also in a daze, not expecting his daughter to make such a big fuss. However, He Qing had already given him so many unbelievable things that he was used to it and adapted quickly.
The Rolls-Royce Phantom driver jogged over and opened the car door.
He Qing asked her parents to get in the car and sit in the back seat; it was the first time she had ever sat in the front passenger seat of this car. As the convoy drove away, President Han stood there silently for a long time.
{Mr. He is indeed a man of great influence; even his daughter's outings are accompanied by such a grand procession. I'm so glad I've always respected him; he might just be a benefactor in my life.}
On the Glory 009, He Jie and Wang Ping sat in the back row, while Gu Zhang sat in the front.
The car will stop at He Qing's house to unload the gifts she bought, and then Wang Ping will take the car back home.
On the way, He Jie couldn't help but ask Wang Ping, "Sister Ping, what is my cousin doing now? She has such a big entourage, she travels with a Rolls-Royce Phantom convoy, and she also has security personnel."
There was nothing to hide, so Wang Ping told He Qing her current position truthfully.
As they chatted, Gu Zhang pricked up his ears, afraid of missing a single word. This was something he was extremely curious about, something he had wanted to ask but hadn't been able to at the dinner table.
Upon hearing that the entire motorcade was part of He Qing's job and the associated benefits, the two felt that their imaginations were not rich enough; what kind of job could have such a standard?
Then I heard that He Qing is now in charge of a charitable foundation under Junxiao Group, and her job is to spend 50 billion yuan on charitable projects every year.
Gu Zhang turned to look at He Jie, and both of them felt as if they were listening to someone talking in their sleep.
My cousin is the head of a charitable foundation? It's actually a charitable foundation under the Junxiao Group? Her job is to spend 50 billion? What kind of amazing job is that? Everyone else is responsible for making money, but she's responsible for spending it.
This is probably just the surface; there must be many things I don't understand about the underlying situation. Otherwise, how could such a good thing happen?
{Whatever, my cousin's really powerful now, and our whole family will benefit from it. The He family will definitely become a prominent family in Chongqing.}
A Chinese national was killed in a drone attack on a private estate in Cape Town.
Zhang Ziqian brought out a tablet computer, and a news article caught Chen Xiao's attention.
On [Date] local time, a private estate in Cape Town was attacked by a drone, resulting in the tragic death of Qiao Tao (transliteration), a South African citizen of Chinese descent. South African police are currently investigating the incident, and the identity and motive of the attacker have not yet been determined.
Preliminary investigations indicate that one or more drones dropped explosives on the estate, causing damage to buildings and casualties. Qiao Tao died at the scene of the attack; his identity and connection to the estate are still being verified. South African police stated that the attack was unusual and they are not ruling out the possibility of terrorism or premeditated murder.
Police are currently reviewing nearby surveillance footage and investigating the origin of the drone. The case is still under further investigation, and this station will continue to follow up on its developments.
With the danger gone, Qiao Tao probably hadn't expected Chen Xiao's reach to be so far, nor had he imagined how powerful Hassan's equipment was.
“Boss, Hassan said that Qiao Tao is an open agent for many local forces. This matter can’t be kept secret for long. They will definitely be able to trace it back to the Blue Star Guardians. However, he said he can handle it.”
He nodded. If you can't even settle this matter, you're utterly useless.
So what if local forces are rich? Can they be richer than me? Hassan can just buy more equipment, make more purchases, and complete a few more runs. He'll have billions of dollars in his pocket, enough to deal with the local forces.
"Hassan told me to remind the boss that because you are in China, their armed forces can't do anything to you, but be careful of their retaliation in business competition. Those people control trillions of dollars in assets."
He waved his hand and said, "It's nothing, just a bunch of nouveau riche."
Having assets worth trillions of dollars is a different concept from being able to withdraw trillions of dollars. Besides, would those people really fight to the death for Qiao Tao?
If that's really the case, then let's see what happens. When it comes to funds, I'm not afraid of anyone.
Seeing his calm demeanor, Zhang Ziqian remained silent, but she was somewhat worried.
Although the boss has never lost money and seems to never have to worry about money, there is always a limit. No one can have unlimited money.
According to Hassan, those people were all involved in gold mining; a group of miners pooling their resources—could the boss really withstand that kind of financial power?
It's all because of me that he's gotten himself into so much trouble. I really don't know how to repay him. Should I offer myself to him?
Oh dear, even if I offered myself to him, it wouldn't be considered repaying him. Judging from his current behavior, he's practically favoring me, and I'd incur his debt even more.
Chen Xiao had no idea what his little assistant was thinking, otherwise he might have already done her a favor.
Has Xu Gang's side found out about the negative online public opinion surrounding the Junxing M7?
"We already have leads, and we are currently securing evidence. It turns out that an MCN agency was commissioned to spread rumors and smear online."
Nodding, it was not the time to alert the enemy yet, so while things appeared calm on the surface, undercurrents were already surging beneath.
"Do you know which competitor instructed this?"
"Based on the information we have so far, it is mainly 'Feichi Motors', but Shanyun Motors and several other car companies have also contributed to the situation."
Feichi Motors? Duan Ming is really courting death. The two sides had a feud at first, which was caused by Duan Ming's foul mouth. Later, when Junxing Motors was expanding its sales terminals in shopping malls, it poached many of their stores, which greatly affected Feichi Motors' sales. The company already had a lot of problems, and with the sales decline, it was on the verge of collapse.
At this point, instead of thinking about internal adjustments, Duan Ming actually had money to hire online trolls to attack a brand that had no competitive relationship with him.
The reason we say there is no competition is that Junxing Auto's main sales price range is above 25 yuan, while Feichi Auto's prices are around 10 yuan, none of which exceed 20 yuan. Therefore, the two cannot compete with each other at all.
So doing this kind of thing is harmful to others and not beneficial to oneself. When one's own company is riddled with problems and the finances are about to fall apart, spending money to do this kind of thing is bound to lead to the company's downfall.
Flashy Auto is a direct competitor of Junxing Auto, and the strong sales of Junxing M7 have a significant impact on Flashy S5. Therefore, it's normal for them to make some small moves. The other companies mentioned by Zhang Ziqian are in similar situations, currently having some conflict in this price range, or about to have conflict in the future. Their KOCs have added fuel to the fire by taking advantage of this wave of online public opinion.
"Take their own medicine and give them a taste of their own medicine. Let Xu Gang learn from Feichi Motors, find some dirt on them, no need to fabricate anything, just expose it, and then spend money to buy them some trending topics. Such garbage car companies are outdated and should have been eliminated long ago."
"I heard that Feichi Motors is currently raising funds. If they can get some money, they might be able to stay afloat for a while longer."
"That would be even better. Launch a public opinion offensive against it online, and at the same time continue to crack down on its stores offline. With this double attack, let's see which investors will still dare to give money. This time, we should fire Duan Ming directly."
What appeared to be a casual conversation between the two was actually Zhang Ziqian taking notes of all the key points, intending to relay her boss's words to Xu Gang.
"Junxiao Commercial Management, the general manager of Wansheng Plaza in Ningxi Province, was rejected by the headhunting company we cooperated with in the early stage, and even made a boastful statement. Therefore, General Manager Zhao Hui used him as an example to warn others. He quickly acquired the project that he was in charge of. Now this general manager is a reserve general manager in the region, which is considered a sinecure."
Because of this incident, Junxiao Commercial Management has significantly accelerated its efforts to recruit key personnel from Wansheng Group nationwide. Many companies that hadn't responded before have become very proactive in the past two days.
"A stick in one hand, a sweet treat in the other!"
Junxiao Commercial Management is currently expanding nationwide and is facing a severe talent shortage. Poaching talent from Wansheng Plaza would be ideal, as it would strengthen itself while weakening its competitors—a win-win situation.
Although this increased labor costs significantly, is money really such a big deal?
This reward for dedication is Chen Xiao's biggest source of confidence. The speed at which he makes money has allowed him to use underhanded competitive tactics to crush all his competitors.
Imperial Capital
Wansheng Group Headquarters
Chairman Wang and CEO Wang Jun were both deeply worried at this moment.
“Currently, the project general managers, and even the regional general managers, in various regions are extremely unstable.”
Listening to Wang Jun's report, President Wang frowned even more. Chen Xiao was too unethical, using both harsh measures and sweet promises to disrupt the peace of the entire Wansheng area.
Ultimately, Junxiao Commercial Management has always maintained the upper hand in its competition with Wansheng Group since its inception, with Junxiao Commercial Management winning every time.
This severely damaged the confidence of Wansheng Group's core leadership, and in some places, people were terrified of Junxiao Commercial Management and couldn't even muster the thought of resisting it.
"If we weren't facing funding problems, things wouldn't have come to this."
Mr. Wang was frustrated because if he hadn't been short of money back then, Junxiao Commercial Management would never have been able to develop so quickly.
If it hadn't sold Wansheng Plaza in Jiangzhou to Junxiao Group back then, it wouldn't have been able to grow so quickly step by step.
If he weren't short of money, he wouldn't have sold Jiangzhou Wansheng Plaza, so the root of the problem is that he's short of money.
Speaking of being short of money, another 500 billion yuan debt will mature in the second half of the year, and a solution has not yet been found. Where would they get the money to compete with Junxiao Plaza in terms of spending?
The group's current cash flow is less than 200 billion, but Junxiao Commercial Management spent 900 billion to buy a single mall in Shanghai, Huijin Plaza. There's no comparison at all.
Therefore, if we compete with Junxiao Commercial Management in terms of capital expenditure, we are bound to lose; if we don't compete, we can only suffer repeated defeats and shatter the morale that the group has built up over many years.
Moreover, Chen Xiao is a wicked guy. He plays the "those who obey me prosper, those who defy me perish" game with his store general managers and regional general managers, and he has made a few examples of them.
Take the Yancheng Wansheng Plaza project as an example. In order to retaliate against the project manager who refused to surrender, they actually acquired the project at a premium of 2.5 million yuan.
Sometimes I really wonder if Chen Xiao is doing business? Isn't this all the behavior of a spendthrift? It seriously defies business logic, yet he keeps succeeding, it's infuriating.
Such an opponent uses simple, brutal, and highly effective methods.
Moreover, this method is something you can't learn. If you don't learn it, you'll die; if you do learn it, you'll die even faster, your cash flow will collapse directly.
There is no solution right now. A few days ago, we asked the current project manager to re-sign the non-compete clause, but we encountered a lot of resistance. We can't force it at this critical juncture, otherwise it will greatly affect the current work status of these people.
"How's the acquisition of Hengyuan Plaza in Shanghai going with Junxiao Commercial Management?" (End of Chapter)
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