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

Chapter 503 Is he a gigolo?

Tom, the president of NK's China region, contacted Xu Jun and conveyed Jack's request to meet with President Chen.

On his way to negotiate with the key shareholder of Hengyuan Plaza with Liu Pinhua, Xu Jun received the news and gave a disdainful sneer, muttering to himself, "Does President Chen think you can just see him whenever you want?"

However, he didn't dare to make the decision for Chen Xiao on his own, so he sent a message to ask for instructions.

A short while later, I received a reply, just as I had expected—"I won't see you. If the retail brand has something to do, it will end with you at most. Don't bother even Mr. Xu."

Jincheng Sports Group Headquarters
Mr. Wei looked at last month's report and had a terrible headache.

The trend of store closures is actually intensifying. One reason is that Junxiao Commercial Management is now aggressively acquiring mature properties across the country. The venues that Junxiao Commercial Management has its eye on are all core commercial areas in the local area. Jincheng Sports can open as many brands as possible in these venues, and each project usually has no less than 6 stores.

Last month, Junxiao Commercial Management acquired six new projects nationwide, while Jincheng Sports lost nearly 50 stores. This month, Junxiao Commercial Management's acquisitions seem to have accelerated again. If this continues, Jincheng Sports will not only be closing more stores, but its core large stores will also be eliminated at crucial moments.

These core stores are the main source of the company's scale and profits; the other smaller stores are just there to make up the numbers. Once the core stores are eliminated, the scale and profits will decline significantly, and many of the smaller stores will also face losses and have to close down due to the current unfavorable retail environment.

Those who didn't want to leave were forced to leave, and along with those who were supposed to leave, last month, including the concentrated closure of shops at Quan Xiao Square in Ningxi and Hanjiang provinces, 500 shops were closed at once, which immediately made the financial headlines.

Rumors are circulating that Jincheng Sports won't last past this year. Given the current poor retail environment and the numerous bankruptcies, Jincheng Sports' large-scale store closures have naturally caused panic.

The stock price keeps falling, and if this continues, it will soon fall below the issue price. Now the board of directors and shareholders' meeting all want President Wei to explain. What can he explain? He can't say that Wei Ming offended Chen Xiao, otherwise these people will definitely demand that he step down immediately.

He looked at the channel general manager across from him, who had been suffering lately, holding meetings with various regional departments every day, but the store closures just wouldn't stop.

“Boss, we can’t close the store anymore. It’s easy to cause panic. Many clients are afraid to cooperate with us because they see us closing the store like this. They are afraid that we will not be able to hold on at any time.”

General Manager Wei scratched his head. "How's the opening of new stores at Wansheng Group going?"

He reached a comprehensive strategic cooperation agreement with General Manager Wang, and Wansheng Group fully opened up to Jincheng Sports. He plans to fill these gaps in Wansheng Group's projects.

“We are already in full-scale talks, but Wansheng Group’s good stores only account for 1/3, and many new projects are still in the development stage. If we open them, we may create a large number of loss-making stores.”

"There's nothing we can do about it. If we keep closing down stores like this, by the end of the year, we'll probably only have half of our 7000 stores left. And the key is that many of those half will still be loss-making stores."

"Jiesun Sports is still poaching our stores nationwide. What's even more infuriating is that in some new business projects, they actually put Adidas as their first priority, while Nike is relegated to a lower position. This is simply turning the tables. These Adidas projects are all licensed to Jiexun Sports. The other projects are fine."

General Manager Wei was greatly surprised, "How is this possible? How can Adidas compare to NK's current status in the industry?"

The channel manager sighed, "The main reason is that there are rumors that all 18 Junxiaocheng stores have been given to Adidas to be high-level stores, while NK's only 3 projects have been cleared out."

Mr. Wei fell silent. He naturally knew why, recalling Tom's reaction when they last met—"We're both in the same boat."

There's no other way now but to hold on with all our might. We can only hope that Wansheng Group will step up its game and not be so incompetent. He heard that Wansheng Group is now acquiring some high-quality asset-light projects to turn them into asset-heavy ones. This is all messed up; Old Wang's business philosophy has been completely disrupted. He had been selling off some asset-heavy projects and keeping the asset-light ones in recent years. Now, forced by Junxiao Commercial Management, he's starting to acquire some asset-light projects again to turn them into asset-heavy ones.

He didn't know that President Wang was also having a headache. He had received an additional 1000 billion yuan in funding, but most of it had been used to pay off debts. Some of those high-quality projects required over a billion yuan, while others required 6-7 million yuan. Even if he acquired them all, it would only amount to acquiring a few dozen plazas. But now Junxiao Commercial Management was relentlessly driving up prices, which was disgusting. He either had to grit his teeth and buy the projects at exorbitant prices, but from an investment return perspective, it wouldn't be worthwhile at all. Those mining projects in South Africa were investments meant to make money; they weren't without returns.

If they don't acquire at a premium, then Junxiao Commercial Management's money seems to fall from the sky. They basically acquire at a premium of over 30%, while also increasing their investment in marketing campaigns and sparing no effort in poaching talent. Every day across the country, you can hear that so-and-so has resigned, and President Wang's head is throbbing again.

"That beast Wang Lun is so useless. He can't take any responsibility for me at all. I'm so old, and I still have to worry about so many things. Sigh."

Sitting opposite him, Wang Jun felt that his boss was indirectly criticizing Wang Lun, and while criticizing Wang Lun, he was also implicated. He hadn't taken responsibility for Wang Lun's actions, but since Wang Lun was the one who caused the trouble, he couldn't possibly take the blame. It seemed like Jun Xiaoshang's money was inexhaustible; last month, he bought nearly ten projects, spending over 100 billion yuan, throwing it all in without batting an eye.

He had been helping Junxiao Hotel Group connect with hotels that were interested in being sold, just to drain Junxiao Group's funds. But now, even though they were buying hotels like crazy, their commercial projects hadn't stopped either. This was simply against the laws of nature. Wang Jun didn't know what to do. It was truly tragic to encounter such an opponent.

"Let's move the annual meeting forward this year, instead of at the end of the year. Let's bring all these project managers together and appease them properly. If this continues, all the excellent general managers will be poached. Forget about making any moves, we'll be in complete chaos internally, and we don't know when we'll be able to make any adjustments."

He was far more miserable than Chen Xiao. He did everything himself, working himself to the bone, but the company's development seemed unable to get back on track. Chen Xiao, on the other hand, spent his time chasing women and living a life of debauchery. He didn't realize that his goals were different from Chen Xiao's. Boss Wang wanted to make money through business operations and management, while Chen Xiao wanted to quickly turn his money into fixed assets and continuously increase their value through operations.

On the 58th floor of Junxiao Lakeside CBD Center, Chen Xiao straightened his clothes and said, "Ziqian, let's go check out the car."

Zhang Ziqian still prefers sports cars, which Chen Xiao can't understand. Why is he indifferent to sports cars? Do women only look at appearance first?

He likes sports cars, and there are Porsche and Ferrari dealerships in Jiangzhou, not far from each other, so he planned to take Zhang Ziqian to check them out. She's already bought two Porsche 911s, so they couldn't buy another one; otherwise, Junxiao Group would become a Porsche ambassador.

Zhang Ziqian's face was still flushed. That morning, Chen Xiao had taken Lin Ya to the lounge for a good training session. As usual, she watched from a hidden compartment, and unsurprisingly, Chen Xiao and Lin Ya discovered her and immediately called her over to stand as punishment.

{The boss and General Manager Lin are really playing hard to get—}
She then recalled what her boss had said at the end—"Let you observe first, and next time we'll bring you in for a free-for-all."

Zhang Ziqian is still timid. If it were Ma Jing, Chen Xiao would probably have just snapped her fingers and gone for it. Unfortunately, Ma Jing went to Dr. Feng's Robotics Technology Group today. Every Tuesday, she still has to go there to process some orders.

She arranged the car, went downstairs with Chen Xiao, got into the extended Rolls-Royce Phantom, and headed straight for the Ferrari 4S store.

On the 28th floor of Yunfeng Building, He Qing and Wang Ping hurriedly went downstairs to Bailu Manor. Li Shanshan was treating everyone to lunch today to express her gratitude for Wang Ping's help last time.

Wang Ping told He Qing about helping Li Shanshan on the yacht without reservation. Hearing about this arrangement, He Qing was happy for Li Shanshan. That job was indeed the envy of many people. Chen Xiao would only use that yacht a few times, and others probably would use it very little. The crew members on the boat could probably rest for half a month a month and receive high salaries. You really couldn't find this kind of job anywhere else except with Chen Xiao.

The Rolls-Royce Phantom stopped at the entrance of Egret Manor. He Qing and Wang Ping got out of the car and went directly to the private room that Li Shanshan had booked.

The moment Li Shanshan saw He Qing, her eyes lit up. "He Qing, it's been years since I last saw you. You've become more and more beautiful, especially your skin. It's so soft and supple. What skincare products do you use? Please recommend some to me."

Upon hearing this, Wang Ping looked at her arm. She used to think her skin was similar to He Qing's, but recently she had a feeling that He Qing's skin was becoming more and more supple. Could it be because Chen Xiao had been taking good care of her? She glanced at Li Shanshan and thought, "Recommend it to you? I haven't even enjoyed it yet, you should save your breath."

He Qing exchanged a few polite words, and the group sat down. As for skincare products, she recommended a few of her favorites; with Li Shanshan's income, these were a piece of cake.

"Shanshan, I won't drink at noon. I need to go to the 4S shop with He Qing for the first service of the car later. It's inconvenient to drive if I've been drinking."

They could have just left the car with the driver, and since they had nothing else to do that afternoon, the two decided to go out for a stroll. He Qing's Porsche 911 hadn't been driven in a long time, so she wanted to take it out for a test drive.

Li Shanshan said with regret, "I was just saying I wanted to thank you properly with this drink today."

After saying that, she turned to He Qing and said, “He Qing, you don’t know, Wang Ping helped me a lot the other day. If it weren’t for her, I would have lost my job. As a result, she stood up for me, and not only was I not fired, but I was also promoted. Now I earn 6 yuan a month and I don’t have to go to work every day. This kind of wonderful life is all thanks to Wang Ping.”

"I'll offer this tea instead of wine to Wang Ping first. If you ever need anything from me in the future, just let me know, and I'll never refuse."

Wang Ping glanced at He Qing. If He Qing weren't here, she could have tolerated Li Shanshan's words, but He Qing was still there. She felt embarrassed to act like a bully using He Qing's authority. However, seeing He Qing's calm expression, which clearly didn't take it seriously, she stood up and bumped into Li Shanshan: "We're all classmates, no need to be polite."

"He Qing, I haven't asked you how you've been lately. I heard you're working at the same company as Wang Ping, the Junxiao Charity Foundation? That's under the Junxiao Group, you must be very happy."

"Well, it's fine."

Wang Ping didn't mention her identity, and she didn't feel comfortable bringing it up herself, so she just gave Li Shanshan a perfunctory response.

"Judging from your clothes, you must be making a good living now."

A woman's age and income are secrets. She had just revealed her income and thought He Qing would definitely mention it, but to her surprise, He Qing just hummed in response. Li Shanshan found He Qing rather boring and not as enjoyable as chatting with Wang Ping.

Little did she know that He Qing also found it boring. She couldn't very well announce her income, that would be too ostentatious.

Li Shanshan chatted with Wang Ping about the Azam yacht, asking her if she knew how luxurious the private floor for the yacht's owners was. Wang Ping really didn't know; she had gone upstairs after her spa treatment that day, and only He Qing had gone to rest.

"I bet you don't know this, but only the yacht owner and the female staff on that floor can go in. No men are allowed in at all, hehe." Then she described the luxurious furnishings on that floor and how extravagant the owner's bedroom was.

"It's a pity I can only go in by myself and can't take you there, otherwise I really wanted to show you. But Wang Ping, you're quite impressive. I heard that everyone on the yacht that day was a friend or relative of the yacht owner. What's your relationship with that mysterious boss?"

This hit Wang Ping's sore spot. What was her relationship with Chen Xiao? It was a relationship that almost crossed the line, a relationship that was just one step away from going all the way. But now, after glancing at He Qing, she could only reply with a wronged expression, "I'm his woman's best friend."

"Oh, so Wang Ping, you've hooked up with a powerful figure. No wonder you have so much influence; even President Cha gives you face."

Wang Ping giggled at He Qing, but only quieted down after being glared at, and lowered her head to eat.

Ring ring~ Li Shanshan's phone rang on the table. She peeked at it and immediately looked towards He Qing. Wang Ping, ever perceptive, asked, "Who is it?"

Li Shanshan hesitated for a moment, but still replied, "Gao Lei."

Wang Ping immediately cursed herself for speaking too quickly. She glanced at He Qing and saw that she seemed unaffected. After thinking about it for a moment, she realized that she had overthought things. He Qing was no longer concerned about Gao Lei.

Li Shanshan answered the phone, "Senior brother!"

Wang Ping sat next to Li Shanshan and clearly heard Gao Lei ask on the phone, "Shanshan, I heard you've been in Jiangzhou recently. I'm back too. I'll treat you to dinner sometime."

Li Shanshan glanced at He Qing and nodded, saying, "I just arrived in Jiangzhou, so I'll probably be a bit busy lately. I'll treat you to a meal when I have some free time later."

After saying that, he winked at Wang Ping, implying that he wasn't a good friend. She was clearly very free, but she didn't want to meet Gao Lei because she knew what Gao Lei's purpose was in contacting her.

Gao Lei paused for a moment, clearly not expecting Li Shanshan to refuse him, and said calmly, "I'm planning to go back to Jiangzhou to invest, and I'm short of capable help here. If you're interested, you can come and help me. The salary will not be less than 2 yuan."

Li Shanshan stuck out her tongue. In the past, she might have been tempted, but now, when she heard about a job that paid 2 yuan, she only had one feeling—what a piece of crap, even a dog wouldn't go for it.

"Senior brother, my abilities are limited, so I may not be suitable. If you need help, I can recommend a few talented people for you."

Wang Ping chuckled, while He Qing picked up her phone to approve OA documents, showing no interest whatsoever in the content of Li Shanshan's phone call.

Gao Lei remained silent for a moment, then finally asked, "Do you have any news about He Qing?"

Rolling her eyes, Wang Ping shook her head. He really wasn't giving up. Li Shanshan replied, "Senior brother, I haven't been able to contact him either. I've been too busy lately and haven't had time."

"Okay, let me know as soon as you have news. Also, if you need any help in Jiangzhou, feel free to contact me. Although I just arrived in Jiangzhou, I still have a wide network of connections."

"Mmm." Li Shanshan replied perfunctorily. Firstly, she was reluctant to betray her friend. Secondly, her current job was already quite good, and she didn't think Gao Lei could offer her better career prospects. Besides, could Gao Lei be as powerful as Wang Ping's best friend? Probably not. Her best friend was the woman of the yacht's owner, and that yacht was one of the most luxurious in the world, worth 50 billion Chinese yuan.

After hanging up the phone, she smiled at He Qing and said, "He Qing, don't worry, I definitely won't betray you."

He Qing put down her phone and said calmly, "It's okay, I'll just ignore him."

She's always accompanied by bodyguards now. If she doesn't agree, it's hard for anyone to get close to her. Why would she be afraid of Gao Lei? Besides, back in school, she was annoyed by him but couldn't skip school, so she could only avoid him.

At this moment, Wang Ping said, "He Qing, Gao Lei donated 20 yuan to renovate the public toilets at our alma mater, and they've been stinking up every day."

Li Shanshan laughed and said, "Don't always make fun of people with public toilets. Senior Brother Gao has donated the most to our school over the years."

Wang Ping snorted twice, then said to He Qing, "You think we should donate something to our alma mater? I remember being so envious of other schools that had libraries when I was in school, but our school only had a small book corner."

Hearing her words, He Qing knew that she had already had this idea. Since she mentioned the library, she must want to donate a library. A medium-sized independent library would probably cost several million yuan if it were built according to the standard school requirements.

"You take the proposal; you'll be the one to contact the school later."

"Great, great!" Wang Ping was overjoyed. She wanted to go and humiliate Gao Lei, who was still showing off after donating 20 yuan.

Li Shanshan looked at the two of them in surprise, "You really want to donate? In the name of the foundation? Donating a library requires a lot of money, you should think carefully."

He Qing waved her hand, "Let's not talk about this anymore. Let Wang Ping handle it. She loves these kinds of attention-seeking things."

The food had gone cold after Gao Lei's phone call. He Qing glanced at the time and said, "Shanshan, let's call it a day. Wang Ping and I need to get the car serviced. We'll get together again another time."

"Okay, you guys go ahead then. I'll make a call here and we can reschedule for another day."

Chen Xiao and Zhang Ziqian were sitting in the back of a Rolls-Royce Phantom when they received a message from Guo Fu. She simply said that she was coming to Jiangzhou the next day, and Chen Xiao replied with a single word: "Okay."

It seems that Guo Sheng has already told Guo Fu his attitude, but it is unknown whether Guo Sheng's conversation with her reflects his own thoughts or whether Guo Fu shares the same idea. The truth will likely come out tomorrow.

The car was parked in front of the Ferrari dealership. Anyone who could sit in a stretched Rolls-Royce Phantom must be a potential Ferrari customer; there was no need to worry about not being able to afford it.

When I brought Zhang Ziqian into the store, almost every saleswoman there was a beautiful woman, but it all depended on who they were compared to. When they stood in front of Zhang Ziqian, they immediately paled in comparison.

"Welcome to the Ferrari 4S store. What kind of car are you two looking for? I can introduce them to you."

Pointing at Zhang Ziqian, Chen Xiao said, "Recommend it to her, something suitable for her to open."

"What is your budget, and what kind of car do you prefer?"

"No budget, how about a sports car? Hmm—this one looks pretty good too."

He arrived in front of an SUV, and the saleswoman reacted quickly. This was a customer with no budget. Of course, she didn't take "no budget" as meaning "no limit on budget," but quickly understood that it meant "no upper limit." This was a wealthy customer.

At the same time, he naturally regarded Zhang Ziqian as his girlfriend or lover.

"Sir, the Ferrari Purosangue is Ferrari's first four-door, four-seat sports car, officially defined as an 'FUV' (Ferrari Utility Vehicle), rather than a traditional SUV. It combines supercar performance with everyday practicality, equipped with a 6.5L V12 naturally aspirated engine, continuing Ferrari's iconic DNA."

She gave a long introduction, but in Chen Xiao's opinion, Zhang Ziqian was a novice. Even if she had the best performance, she wouldn't be able to speed. On city roads, even the best power and the best acceleration wouldn't seem to be of much use. The main reason he thought this car was good was because it was an SUV, which had better off-road capability.

Like He Qing's Porsche 911, I once heard her say that it was inconvenient to drive in it because the chassis was too low.

This car also boasts impressive performance, featuring a 6.5L V12 engine with a maximum power output of 725 horsepower and a peak torque of 716 Nm. It accelerates from 0-100km/h in just 3.3 seconds and has a top speed of 310km/h.

The Purosangue is one of the most expensive V12 luxury sports cars currently available, suitable for high-end users who seek ultimate performance and exclusivity.

The car's appearance is also very eye-catching. Zhang Ziqian circled around it a few times, and the double-door design attracted her. It was clear that she liked it very much.

"If you like it, then I'll order this one."

Zhang Ziqian nodded. There was no need to stand on ceremony with Chen Xiao; since they were already there, being too polite would just be pretentious.

The saleswoman was overjoyed; this handsome man was indeed a straightforward and generous boss. "Sir, let's go over there to complete the formalities. Will you be paying by installment or in full?"

Chen Xiao waved his hand and said, "I'll rest for a while. You take her to complete the formalities. It's definitely a full payment, why would she need a mortgage?"

Uh—what does that mean? The beautiful woman paid for the car? Did I misread it? That woman is a rich woman, and the man is a gigolo?

(End of this chapter)