My minimum living allowance is credited to my account every day with 1000 million yuan

"You want me to be the vice president? You think you can invite a real god to your dilapidated temple? You really don't know your own limitations."

Bai Sheng didn't take it seriously. This younger sister just liked to tease him, and she would tease him no matter what he said.

"When is Chen Xiao coming? Do you want me to test him for you?"

Bai Lu was startled. "Don't do anything rash," she said, afraid that Bai Sheng might anger him.

"Okay, okay, I won't do anything reckless. I'll do whatever you tell me to do."

"Just play the submissive role!"

She had just taken a sip of water when she heard this and immediately spat it out. "Little sister, are you kidding me? You're really going to say something outrageous today. There's a limit to jokes."

"Who's joking with you? Just talk less and work more. He's here to help you finalize the contract with the Guo Group."

"He's here to finalize the contract?" Bai Sheng was confused. Wasn't Gu Meng in charge of the contract?

"He made the decision on the spot regarding the parts of the contract that you and Gu Meng had disagreements about."

"No, let me sort this out," Bai Sheng said, standing up and pacing back and forth.

"He came to the scene to make decisions regarding the disputed parts of my contract with Gu Meng. Are you asking him to make those decisions for me?"

Bai Lu glared at him. "What's wrong? Can't he make decisions for you?"

The meaning is obvious: I got all the business for you, so why can't I make decisions about the contract details?

“Sure, he can make my decision. But what if the Guo Group isn’t willing to compromise?”

“Easy—” Bai Lu pointed to the cup, indicating that she was out of water and asked him to refill it. Bai Sheng had no choice; he was used to being bullied by his younger sister since childhood, so he stood up to refill her water.

"He also made the decisions regarding the Guo Group."

Bai Sheng took it as a joke and chuckled twice, "Your boyfriend is really out of his league, he even dares to take charge of the Guo Group."

hum~
Bai Lu glanced at her phone after receiving a message. "I'm not going to waste my breath on you. Chen Xiao is downstairs; I'm going to pick him up."

After a deep conversation with Ma Jing at the company, Chen Xiao came out feeling refreshed and still savoring the moment, especially when she shouted "Ziqian, help me!" which gave him a strange sense of pleasure.

I came today at Bailu's invitation because of a smart city project. The cooperation agreement between us covers some key terms, such as the payment method. The Guo Group typically needs to advance funds for the business it obtains from local governments because the settlement period is quite long.

Therefore, logically, as a subcontractor of the Guo Group, Jiangzhou Design Institute's loan period should be longer than that of the Guo Group. However, this would involve a large amount of advance payment, which would place higher demands on Jiangzhou Design Institute's cash flow and could even affect the number of projects it can undertake.

Therefore, Bai Sheng hoped that the settlement of project payments could be expedited, especially since 10% of the project payment was to be held as a deposit and settled a year later. This percentage may seem small, but it adds up. Jiangzhou Design Institute may seem large and powerful, but compared to the Guo Group, it's like an ant compared to an elephant. He couldn't afford to delay.

After Bai Lu relayed her idea to Gu Meng, Gu Meng also wanted to help her best friend, but it was beyond her authority. If she were to consult with President Guo, he might insist on following company rules, leaving no room for negotiation. Remembering President Guo's statement that everything in Jiangzhou was under Chen Xiao's control, she suggested Bai Lu ask Chen Xiao if he could make the decision, or if he could communicate with President Guo.

Chen Xiao had nothing to do in the afternoon, so he decided to come over and see what Bai Sheng's needs were on the spot. He then took care of them on the spot and spent some time with Bai Lu in the office reviewing the rear-wheel drive technology. He had tried it out last time and found it quite impressive. He hadn't seen Bai Lu for a few days and missed it a bit.

Hearing footsteps outside, Bai Sheng got up and straightened his slightly wrinkled clothes. He had last met Chen Xiao at the annual meeting, but they hadn't talked much. Back then, his relationship with Bai Lu wasn't settled, but now it was different. Judging from his sister's expression, she was completely devoted to him.

As her brother, her family member, and her future strong support, he felt he should let Chen Xiao know his strength. He was thinking about how to introduce Jiangzhou Design Institute and the Bai family later.

There were two beeps, and then the door was pushed open.

Damn, this guy is so handsome! He's way more handsome than I was when I was younger.
As Bai Lu led Chen Xiao into the house, she introduced him, "This is my brother, Bai Sheng. He's not very capable, but he's good at bragging."

This sentence completely stunned Bai Sheng. He had been putting on an act and building up his composure for so long, but his sister's words shattered his facade in an instant, and his face fell. Just as he was thinking about how to salvage his image, his sister's next sentence struck him like a bolt of lightning.

"This is Chen Xiao, the big boss of Junxiao Group."

The purple clay teapot in Bai Sheng's hands suddenly tilted as he poured tea, spilling scalding tea onto the rosewood tea pitcher, leaving gruesome marks. He stared at the young man before him, his sister's boyfriend, his pupils contracting sharply—the legendary trillion-dollar leader of Junxiao Group?

He looked at Bai Lu, his eyes full of questions. Was she joking?
Chen Xiao had already extended his hand. "I am Chen Xiao."

Bai Sheng hurriedly came over to shake his hand, his mind buzzing, not knowing what to say.

{He's the boss of Junxiao Group? Bai Lu isn't joking with me, is she? This joke isn't funny at all.}
He had initially planned to introduce the Bai family's strength to Chen Xiao, and even thought he would be Bai Lu's strong support in the future. But after hearing that he was the boss of Junxiao Group, all of his thoughts seemed so ridiculous.

"Sit down, please."

At this moment, Bai Sheng didn't act like the general manager of a company with an annual output value of billions. Instead, he seemed like a young man who had just entered society and had met a big boss.

Chen Xiao and Bai Lu sat on one side, while Bai Sheng sat opposite them. The usually high-spirited CEO Bai was now somewhat timid, as he couldn't digest the news in a short time.

Junxiao Group, the behemoth enterprise in Jiangzhou that owns Junxiao Commercial Management, Junxiao Hotel Management Group, Junxing Automobile, and Junxiao Capital, is speculated to have assets approaching one trillion yuan. The big boss is surprisingly young and is also his own sister's boyfriend.

In that moment, he understood many things. Why he rode in an extended Rolls-Royce Phantom, and why he could give his sister a watch worth 450 million.

It seems that the smart city project business with Guo's Group was not secured through his sister's relationship with Gu Meng, but rather through Chen Xiao, the boss of Junxiao Group.

Only with this identity could he wield such influence, and only with this identity could Bai Lu point out any problems with the details of her contract with the Guo Group, allowing him to make decisions on the spot. It seems he has a very close relationship with the Guo Group.

Chen Xiao never expected to encounter this situation. He had been sitting for several minutes, and Bai Sheng was actually spacing out. It seemed that Bai Lu's introduction of him had been too much of a shock.

He himself didn't realize it. Anyone else would be in a frenzy if a salesperson suddenly turned into a trillionaire and his brother-in-law.

"Brother, you're holding your teacup upside down."

Bai Lu's voice brought Bai Sheng back to reality. Realizing he had been somewhat rude, he quickly said, "I'm sorry, Mr. Chen."

Chen Xiao waved his hand and smiled, saying, "It's nothing, I was just thinking about something."

Seeing Bai Sheng like this, Bai Lu couldn't stand it anymore and scoffed, "Brother, can you stop being so timid and get to the point? Chen Xiao and I need to go out after we finish talking."

She knew that Chen Xiao wouldn't be able to finish in less than three hours, so she urged Bai Sheng to bring up the problem.

"Yes, yes, let's take care of business first."

Bai Sheng hurriedly went to retrieve the materials he had prepared, but Chen Xiao interrupted him, saying, "Brother Bai, don't go into so much detail for me. Just tell me about the parts of the business terms that you disagree with. If there are any disagreements about the contract text, my suggestion is that both of you compromise, and there won't be any problems."

He stopped in his tracks. If someone else had said there was no problem, Bai Sheng wouldn't have believed it. After all, there are always contract risks once a contract is signed. But when the big boss of Junxiao Group says something, it's a promise, no doubt about it.

Moreover, this was tantamount to Chen Xiao speaking up, and he dared not disobey.

Regarding the business aspect, there's only the payment method. The Guo Group pays 30% upon contract signing, 30% upon completion of the construction phase, and another 30% upon completion of construction. There's also the issue of a final 10% deposit that needs to be held for one year.

Chen Xiao took it and glanced at it. "How about this, 70% will be paid upon signing the contract, and the remaining 30% will be paid upon completion of the project. This way, your funds won't be tied up. Is that okay?"

Bai Sheng stared at him, his mouth agape, his well-maintained facial muscles twitching involuntarily. "Is that okay? Absolutely!" His brother-in-law was so kind; he'd helped him. Chen Xiao immediately saw Bai Sheng's predicament: he wanted to take on more projects for the Guo Group, but couldn't afford to advance the funds. His solution solved all of Bai Sheng's problems.

Seeing his hesitant expression, I knew he had agreed. "Then that's settled. Brother Bai, you go and coordinate with Gu Meng. I'll make the arrangements."

He was so embarrassed by his own foolishness that he stood up and said, "Brother Bai, Bai Lu and I have some things to take care of downstairs. You should hurry up and finish this matter."

Bai Sheng then realized what was happening and quickly said, "Ah, Mr. Chen, I'm sorry, I didn't realize it at first. My apologies, my apologies. Please sit for a while longer, or I can show you around my company and give you some guidance."

Before Chen Xiao could answer, Bai Lu said from the side, "Bai Sheng, are you kidding me? What's so great about your lousy company that he could visit? We have things to do downstairs."

With his hands shrugged, Chen Xiao said, "Brother Bai, if you have time, come to Junxiao Group and we can have a good chat. Bai Lu and I do have some important matters to discuss today."

I escorted them to the door and waited until they were far away and went downstairs.

Bai Sheng returned to his office and slapped himself in the face. "Damn, this isn't a dream."

{Chen Xiao is the boss of Junxiao Group, and he's my brother-in-law. Does that mean I'm going to be rich? Hahaha. No wonder my grandpa always doted on my sister since she was little. Did someone have her fortune told when she was young? Was she destined for great fortune?}
{Hmph, what do you mean there's something going on down there? Young people, they're just too obsessed with that kind of thing. I'm not like that. Ouch, damn it, my back is aching again.}
While he was internally criticizing Chen Xiao and his sister, he revised the contract and sent Chen Xiao's comments to Gu Meng. Sure enough, she seemed to have received instructions and did everything according to President Chen's requirements.

Doing business has never been this simple, especially a business worth billions. Bai Sheng used to think he was pretty good at talking about voice, but after today's experience, he felt like he was just a nobody. He'd had his eyes opened, and realized he'd wasted the first half of his life. He never knew business could be discussed like this, so simply.

No wonder my sister told me to sever ties with the Zhang family. Why should Zhang Jing make money in this business? Just because he disturbed my sister and brother-in-law, the Zhang family deserves to be in trouble. He now understood why the Zhang family had collapsed so quickly this time. Unfortunately, Zhang Jing could never have imagined how terrifying the true identity of the salesman he looked down on was.
-
Jincheng Sports Group Headquarters
As General Manager Wei looked at the channel manager's report, his brows furrowed deeply.

"It's one thing for the market in Ningxi and the Hanjiang area to shrink significantly, but how come the number of stores opening is now negative in all regions of the country?"

Because of the complete blockade by Junxiao Commercial Management, Jincheng Sports has now formed a comprehensive strategic partnership with Wansheng Group. Wansheng Group in Hanjiang Province has almost completely fallen, and Wansheng Plaza in Ningxi has reduced its original 21 buildings to only 10.

Jincheng Sports Group lost nearly 150 stores in just these two provinces, resulting in a decrease in annual revenue of nearly 7 million yuan and a decrease in profit of more than 1 million yuan, which can be described as a severe blow.

Furthermore, Junxiaocheng, located throughout the country, was also a top-tier commercial district within a top-tier commercial area. All of these were cleared out, resulting in significant losses.

However, this week, other regions across the country have also begun to close stores on a large scale. Of course, this large-scale closure is not like that of Ningxi and Hanjiang provinces, where hundreds of stores were closed in one region.

However, among the 27 branches across the country, almost every region reported anywhere from a dozen to dozens of stores closing this week. If you add it all up nationwide, that means hundreds more stores will have to close. Mr. Wei's heart can't take it.

The reported list of closed stores shows that over 90% were actually highly profitable stores, meaning they were all forced to close. Only 10% were due to losses and voluntary adjustments. How can this continue? Nearly 200 closures are reported every week. At this rate, Jincheng Sports could close down within a year.

Putting everything else aside, the withdrawal of these 200 stores alone will likely cause several more limit-down days. He checked and found that these stores had a combined monthly profit of 10 million yuan, which means another 100 million yuan will be gone in a year. His eyelids twitched as he recalled the profit margin issue that had been questioned at the shareholders' meeting.

It's so difficult to increase profit margin by 1%, but recently closing stores can reduce profit margin by 1 percentage point. You can imagine that you will be challenged again at the next shareholders' meeting.

The channel manager sighed and said, "The passive store closures here are mainly caused by two factors. One is that Junxiao Commercial Management is now acquiring properties all over the country. Wherever they acquire, our stores will inevitably be lost. 100 of the stores mentioned here were closed for this reason. The rest are because of Jiexun Sports. They are poaching our stores, and at high prices."

Therefore, in addition to the reported store closures you see, many other stores have seen significant rent increases due to Jiexun Sports poaching them with high prices, leading to very high renewal rates and substantial increases in rental costs for our existing stores.

Jiexun Sports? That local agency company that's doing pretty well in Ningxi, does it really dare to poach my business? How much capital do you have?

"Are you kidding me? How can a local business support such a large expenditure? Opening a store is a huge investment, and the profit margin in the retail industry is so low now. Where does he get so much capital to invest?"

The channel manager shook his head. "I'm not entirely sure, but recently they've poached more than 30 of our stores nationwide, all at high prices. It seems they're not short of money. According to feedback from the regions below, their poaching efforts are getting stronger and stronger. After establishing branches across the country, they immediately recruited a large number of channel development personnel, whose main job is to poach our stores."

"Holy crap, this isn't scientific!"

General Manager Wei slammed his pen on the table, staining the profit report on the table with ink.

“A local enterprise with annual revenue of over a billion yuan, even with a high profit margin, can only make a profit of 100 million yuan a year. This year, they want to take over more than 100 stores in Hanjiang and Ningxi, with capital expenditures exceeding 300 million yuan. They still have the money to set up branches across the country and poach our stores. Where do they get the money?”

The channel manager remained silent. He didn't even know who Luffy was, let alone where his money came from.

After pondering for a long time, President Wei suddenly realized a possibility, and his pupils immediately contracted. "No way? It can't be that ruthless, can it?"

The channel manager looked up at him, wondering what he was thinking.

But General Manager Wei did not tell General Manager Channel about his speculation.

Could it be that Junxiao Group injected capital into him? It's quite possible. For retail companies like ours, a cash flow of tens or hundreds of millions is terrifying, but for Junxiao Group, it's nothing. Just think about how much premium it paid for the acquisition of Shanghai Huijin Plaza. This amount is not even a drop in the ocean.

"Killing someone is just a matter of a beheading, so what if I hurt your woman? But you've already destroyed my market in two provinces. Wei Ming has been forced to eat excrement several times already, and he was fed that again in Shanghai a few days ago. Now he's mentally unstable, staying at home and afraid to even go downstairs. What more do you want? Do you really want to bring down my entire company?"
"You need to expedite the deepening of cooperation with Wansheng Group to compensate for our current store closures. In addition, you need to keep a close eye on Jiexun Sports' store poaching efforts to see if the intensity remains the same. You also need to quickly come up with a solution. Fortunately, Jiexun Sports does not have nationwide authorization for many brands. Before they obtain authorization, negotiate renewals with our existing good stores in advance, extending the renewal period, even if the terms are more favorable."

After the distribution channels were established, General Manager Wei felt that the arrangements were still insufficient. He understood that if Jiexun Sports had received investment from Junxiao Group, it would undoubtedly be negotiating nationwide licensing agreements with major brand companies. As the largest national distributor for many brand companies, Jincheng Sports wielded significant influence over them, and he intended to target Jiexun Sports from this angle.

I made several phone calls and arranged to meet with the presidents of several key brands in China.
-
Luffy and Ma Jian have been inseparable lately.

They've opened branches all over the country, and even during this time, they didn't forget to go to Shanghai to mess with Wei Ming. There are still people in Shanghai keeping an eye on Wei Ming, and who knows what might happen if he comes out again.

Today I returned to Jiangzhou. Ma Jianfa messaged Chen Xiao to arrange a time for him and Lu Fei to come over and report on their recent situation. It would be best if we could have a couple of drinks together tonight.

But they waited for several hours without receiving a reply. It wasn't until the evening that they received a message from Chen Xiao, asking them to go to Junxiao Lakeside CBD Center the next day.

He spent the afternoon in the office with Bai Lu exploring over a dozen positions, thoroughly enjoying themselves, and had no time to check their messages. As for the evenings, he tried his best to go back to Xiang Jun, and he could meet up with Ma Jian anytime.

The next day, Luffy arrived at Ma Jian's office early and went upstairs immediately when Chen Xiao called him.

Ma Jian sent a message, and a while later...

The phone rang, and Ma Jian picked it up and glanced at it.

"Let's wait a moment, Mr. Han is giving a report to Mr. Chen."

"President Han?" Luffy didn't immediately recognize which President Han.

Ma Jian smiled and said, "We've been out all this time. Junxiao Group has established its fifth major business entity, Junxiao Retail, which is headed by President Han Xue. In the future, it will integrate the basement floors of all Junxiao commercial management projects to create Junxiao hypermarkets."

Han Xue? Luffy remembered the beautiful and refined woman he met at "Xiao Restaurant". It was because Wei Ming harassed her that he had the opportunity to gain President Chen's trust. In that sense, she was his great benefactor.

I remember she was the chairman's assistant at Junxiao Hotel Management Group before, but I never expected her to rise so high and become the chairman of Junxiao Retail. Sure enough, anything is possible when you follow President Chen.

However, on the other hand, with such a large business empire, Mr. Chen does indeed need his own people to help him protect it. Right now, it's his woman protecting it for him, but in the future, it might be his offspring. As for myself and Mr. Ma, we're lucky; we're among the closest to each other on the outside.

He has invested in Jiexun Sports, and perhaps many years later, this industry will be inherited by one of his sons, with himself playing the role of steward for that son.

Han Xue's work report was conducted with Chen Xiao in the lounge, where they could have in-depth discussions. Chen Xiao's affection for Han Xue is probably higher than that for all the women, because Han Xue is the one whose temperament is most similar to Zhao Xiangjun. He has a natural closeness and affection for her.

Han Xue seemed to have a telepathic connection with this affection. Chen Xiao seemed to want to meld her into his body, quite roughly. Han Xue sensed his infatuation with her, so she cooperated as much as possible.

She was a little reserved at first because she knew that walls have ears. Zhang Ziqian had once secretly taken her to see President Gao over there, and now, needless to say, that girl would definitely open that little secret compartment from time to time.

Thinking of this, taking advantage of the opportunity when Chen Xiao made her kneel as punishment, she turned towards the small hidden compartment and stared intently, just in time to meet a pair of large, dark eyes. (End of Chapter)