My minimum living allowance is credited to my account every day with 1000 million yuan
Chapter 545: 3000 Billion Spent in 2 Months
Chapter 545: 3000 Billion Spent in Two Months
"Boss Lu, what are you looking at with that big smile on your face?" JOY asked Luffy as he entered.
Luffy was startled. He shouldn't say things like that. He could still laugh when he saw "abstract" and said that. It would be better if President Zhao found out, otherwise it would be bad if there was a misunderstanding.
He quickly explained, "I was sneer; someone wants to die."
JOY looked at him, puzzled, not knowing what he meant. Zhao Hui was also drawn to look over by his words. Luffy quickly offered his phone, saying, "Mr. Zhao, take a look. This bastard, I'm going to get him."
"Let's see as we go," Zhao Hui thought. She wasn't really interested and even felt that Luffy was being a bit reckless, showing her everything he brought. Was she his "closest confidante"?
But just as Luffy was about to put his phone away, Zhao Hui suddenly said, "Wait a minute."
Taking the phone from Luffy, Zhao Hui watched the scene with Chen Xiao, then glanced at the "abstract" comment. The faint smile that had been on Zhao Hui's lips vanished abruptly, his jawline tightened like a knife, and his entire face seemed to be covered with a layer of frost. His eyebrows were lowered, and his eye sockets cast deep shadows under the light, his eyes dark as the sea before a storm, churning with a dangerous, cold light.
"You're right, some people are just asking for death."
The air seemed to freeze abruptly with his expression, even the background noise blurred into a distant hum. The office lights carved a sharp line between light and shadow on his silhouette, as if severing him completely from the gentleness around him.
"Mr. Zhao, leave such a minor figure to me."
Luffy definitely couldn't miss out on something that was both simple and rewarding; that's how he built his career, and he's very familiar with it.
She nodded slightly. "First, find out what he does offline. Then, blacklist him both online and offline. Doesn't he make a living by talking? Slap his mouth until it's rotten."
That's for sure. That scoundrel actually said he wanted to slap Mr. Chen's mouth raw. If we don't knock out all his teeth this time, Luffy will change his name to FlyLuffy.
Chen Xiao spent the whole night making love to He Qing, and released himself on Yang Mi once during the day, as if he wasn't satisfied at all. Sometimes He Qing felt that Chen Xiao seemed to have an unlimited arsenal, otherwise why would he suppress her firepower no matter how many of them attacked at once?
When Chen Xiao returned to Xiang Jun's room, she opened the Chen Family Army's WeChat chat group, which was already buzzing with excitement. "Abstract" had posted on WeChat that he wanted to slap Chen Xiao's mouth raw. Although everyone knew he was just bragging, none of Chen Xiao's women could stand it. They all expressed their determination to show that guy the power of the Chen Family Women's Army.
Xiao Yuting first revealed that this guy is an internet celebrity who also runs a home textile business offline, and specifically high-end home textiles.
Running a retail business? You'd be asking for trouble by offending Junxiao Group. Even a company like Jincheng Sports Group has to kneel down, and even Wansheng Group can't take a beating. How dare you, a small private business owner?
They inquired about the brand, which was called "Luna Home Textiles." After checking, they found that it did indeed have some cooperation with Junxiao Group. However, these were not direct collaborations with the "abstract" company, but rather with its distributors.
However, during Junxiao Supermarket's recruitment of home textile brands, "Luna Home Textiles" came to discuss cooperation. Originally, Han Xue thought that this home textile brand was quite good, with high quality and competitive prices, and was preparing to cooperate. But now that this incident has happened, they must be blacklisted.
Junxiao Commercial Management has some home textile counters, mainly located on the upper floors of Junxiao City. There are a few shops, but not many. However, there are more than a dozen nationwide, with an annual business volume of tens of millions.
Junxiao Hotel Group also has some cooperation with them in bedding (linen): including down comforters, sheets, pillowcases, mattresses, etc. However, these were all suppliers they had been cooperating with before the acquisition by Junxiao Hotel Group. After the acquisition, Junxiao Hotel Group did not change suppliers in this area.
Gao Yue was pulled along by someone. The purchase amount for a single store is probably over 50 yuan per year. Judging from the current cooperation between Junxiao Hotel and Gao Yue, it is probably several million yuan a year. There are also some hotels that do not use their products.
Regardless, Junxiao Commercial Management first notified all suppliers carrying this brand to remove its products from shelves. However, to avoid impacting the suppliers, who are innocent, Junxiao Commercial Management gave them time to replace the products and also provided some compensation. In the end, only "Mona Home Textiles" company will suffer losses in this matter.
Junxiao Hotel Management Group's situation is simple; they can just remove it from the procurement list. The biggest loss will likely be in Junxiao Retail, though "Mona Home Textiles" isn't feeling it yet. Once Junxiao's hypermarkets open, they'll realize just how huge the loss will be if this channel is no longer available.
"Abstract" probably never imagined how terrible his fate would be after offending these women. He has been making a lot of money online by talking nonsense and generating traffic entirely through his words. In recent years, he has never suffered any losses because of his sharp tongue. On the contrary, being scolded by others can bring him more traffic.
With high traffic, his products sell well, which is why he's been speaking recklessly online lately.
The next day, Junxiao Lakeside CBD Center
Xiao Yuting, Zhang Ziqian, and Ma Jing were sitting in Chen Xiao's office.
"The sales figures for new energy vehicles last week are out?"
Nodding, Xiao Yuting briefly explained the situation from last week. Junxing Auto's sales have been relatively stable because they have already pushed production capacity to its limit.
Last week, Junxing Motors registered 6200 vehicles, ranking fifth among domestic new energy vehicle companies. It's worth noting that Junxing Motors only has one model, so ranking fifth is already quite impressive.
The entire Ryzen brand has only produced 2000 units across its five models.
"So lax? Didn't they say they got 5 orders for their new Ryzen N7L in just one hour? With so many orders, what are they doing if they're not delivering the cars? Are they just sitting at home counting orders?"
He asked this question while pretending not to understand. If there were really a lot of orders, the Ruishi brand would definitely speed up delivery. They know that if it takes too long, these orders will be lost. How could they let the orders they worked so hard to generate slip away?
Fans and KOCs of Junxing Auto have already started criticizing them online, saying: "They've never lost online, but they've never won offline."
Some people even cursed: "Didn't they say the tiger came down the mountain? Where's the tiger? Was it slaughtered and made into soup?"
It's quite a spectacle, all because the Ryzen N7L only delivered a little over 300 vehicles in its first week of launch last week, which is clearly problematic. Ryzen's official explanation is that they are working hard to increase production capacity, but can they really call this "effort" when it comes to consumers with such a cold, hard number of just over 300?
"A clown—", Chen Xiao waved his hand. A few days ago, he encountered "Abstract Live Car Talk," and the way he insulted him was just making fun of him like a clown. Today, he took a look at the sales figures of the Ruishi brand, and well, this brand has always been like this—either it can't produce anything, or it produces a huge mess.
Putting the Ruishi Auto matter aside for now, Zhang Ziqian is going to report on the entire Junxiao Group's operating situation last month, which Chen Xiao has to hear at the beginning of each month.
Junxiao Business Management:
Chen Xiao demanded that branch offices be established in all provinces and municipalities across the country by the end of this year, and that preliminary acquisition negotiations be conducted for key properties, striving to have benchmark properties in each region by the end of the year.
Significant progress was made in the three major battle zones last month, covering 23 provinces, 4 municipalities, and 5 autonomous regions. At that time, Junxiao Commercial Management planned to have 29 branches, but it was not considering setting up branches in 3 autonomous regions for the time being. Xu Jun had already reported this to Xu Wu and it was approved.
Currently, 19 of the 29 provinces and cities with plans to establish branch offices have been established. Junxiao Commercial Management has already reached most of these regions and has secured or essentially secured mature core projects in the areas where branch offices have been established.
Junxiao Business Management System Financial Situation:
Junxiaocheng: In May, the total sales of 19 Junxiaocheng stores reached 102 billion yuan, and the rental income was 23 billion yuan (Shanghai Hengyuan Plaza and Pengcheng Wanshang Mall were both acquired less than a month ago).
Junwu Plaza: In May, sales reached 420 million yuan, and rental income reached 60 million yuan;
Junxiao Plaza: 35 stores, sales of 62 billion yuan, rental income of 9 million yuan.
In May, the entire Junxiao Commercial Management system achieved sales of 166.4 billion yuan, a 22% increase month-on-month; rental income reached 32.6 billion yuan, a 28% increase month-on-month. The growth in rental income and performance this month mainly came from newly acquired projects.
The sales revenue of established stores increased by 7% month-on-month, while rental income increased by 3% month-on-month. This is mainly because the monthly rent of established stores is fixed, and the increase is due to the improved sales performance, which led to some merchants receiving commission deductions from their rent payments, thus resulting in an increase.
This month, the Hengyuan Plaza in Shanghai and the Wanshang Mall in Shenzhen have not yet started to generate revenue. These two projects can bring the company at least 8 million yuan in rental income each month.
Junxiao Hotel Group currently has 16 operating projects.
Among them are 2 seven-star hotels, 13 six-star hotels, and 1 five-star hotel. Gao Yuexin also acquired 3 new six-star hotels last month, all of which opened in the first ten days of the month. At the same time, Gao Yuexin also plans to invest heavily in building several seven-star hotels with a unique Chinese style, with a planned investment of no less than 10 billion Chinese yuan for each hotel. However, these are all planned projects, and it will be a long time before they are completed and generate revenue.
But this is something worth doing. How can a great nation like China always take foreign hotels as its benchmark in the hotel industry? Chen Xiao agreed with Gao Yue's idea that the Chinese people should set a benchmark for the world.
Financial statements of Junxiao Hotel Management Group:
统计收入的有7星级酒店2座(迪拜泛船酒店与希格尼尔酒店);6星级酒店13座,5星级酒店一座!
Room revenue: 23 billion yuan. Food and beverage revenue:
1. Buffet/Lunch/Dinner: Monthly revenue of 5.5 million yuan;
2. Bars/Afternoon Tea: Monthly revenue of 2.3 million yuan;
Other income:
1. Meetings/Banquets: Monthly revenue of 12 billion yuan;
2. Spa/Wellness: Monthly revenue of 3 million yuan;
3. Ancillary services: private butler, chauffeur service (Rolls-Royce), monthly revenue of 1.3 million.
In total, monthly revenue from guest rooms is 16 billion + half-month revenue from non-guest rooms is 16.2 billion = 47.1 billion.
It surpassed Junxiao Commercial Management's revenue again. Junxiao Hotel Management Group's revenue was 32 billion in April, and increased by 32% month-on-month in May.
Good heavens! Looking at the financial statements of Junxiao Hotel Management Group, Chen Xiao secretly praised Gao Yue, this workaholic, for being ruthless. Originally, she planned to open 10 hotels by the end of the year, but who knew that she had already opened 16. At this rate, by the end of the year, she would probably have covered the entire China. The next step would be to enter the international market.
It's important to understand that Junxiao Hotel Group currently only operates luxury hotels, and the domestic market is saturated with only a few dozen such hotels. To further expand, they must set their sights on the global market. It seems we need to allocate more funds to Lady Gao so she can begin her global expansion in advance.
Junxiao Capital:
Currently, it holds controlling or minority stakes in more than 950 companies, with investments exceeding 550 billion yuan, and controls corporate assets exceeding 5800 billion yuan.
Compared to last month, the number of invested companies increased by 50, and the investment amount increased by 50 billion yuan, which is a commendable achievement. Junxiao Capital is truly making a fortune quietly, controlling so many companies without making a sound.
Junxing Auto:
The Junxing M7 still has tens of thousands of large orders on hand, and the monthly new orders are also good. The most important thing right now is to ensure delivery. Once the market stock is large and the reputation is established, it can drive the next wave of popularity. The market research we are currently conducting shows that the Junxing M7 has a very high NPS value, which indicates that this car has a very good reputation.
Junxing Motors delivered 22000 vehicles in May, generating sales of 66 billion yuan. It currently holds 50,000 large orders. While new orders slightly declined last month, they still reached 15,000 vehicles. The most pressing issue is ramping up production capacity, and this pressure will continue until July. The super smart factory (planned annual production capacity of 200,000 vehicles) will not be able to deliver vehicles until July at the earliest.
Junxing Auto has only one model on sale, resulting in a large amortization of various expenses. It is the only loss-making business unit in the Junxiao Group system, but this was expected. The original plan was to lose money for three years, but judging from the current situation, it is possible to achieve profitability next year.
Junxiao Retail still hasn't opened any stores, so there's nothing to report. However, regarding the group's cash flow, Zhang Ziqian looked at Chen Xiao and was a bit speechless. In April, the group's cash flow was over 400 billion, but now, at the beginning of June, it's only 120 billion left. President Chen and President Xu are spending money too recklessly.
In the last two months alone, over 800 billion yuan was spent on acquiring Hengyuan Plaza in Shanghai and Wancheng Mall in Pengcheng, and another 200 billion yuan was invested in computing chip development. In addition, Junxing Auto allocated 6 billion yuan to build its third super factory and to initiate projects for six new car models next year. Gaoyue Hotel Management Group also provided 500 billion yuan, which is crucial for supporting the rapid development of Junxiao Hotel Management Group.
Currently, the group's account is only seeing outflows, not inflows. The monthly revenue of Junxiao Commercial Management and Junxiao Hotel Group is temporarily held in subsidiary accounts and not consolidated into the group company. Chen Xiao stated that he doesn't care about that small amount of money.
He was calculating that July would arrive soon, and given the current operating situation of the Yinuo Group, the second-quarter dividend would be another large sum. He could just wait for Xiangjun to spend the money.
This was the first time Xiao Yuting had heard about the financial situation of the entire Junxiao Group. Hearing about the rapid development of Junxiao Commercial Management and Junxiao Hotel Management Group, a sense of pride welled up in her heart. This was her man's company.
Upon hearing that Junxiao Group had spent 300 billion in the past two months, she suddenly felt dizzy from the numbers. Otherwise, why would she feel flustered and her brain seemed to be lacking oxygen after listening to Zhang Ziqian's report? Zhang Ziqian probably noticed her state and smiled: "Yuting, you'll get used to it. Our boss doesn't even blink when it comes to spending money."
So Zhang Ziqian was numb to Chen Xiao buying her Ferraris and houses. He had spent hundreds of billions in two months, so what were a few million? Besides, after following Chen Xiao for so long, she had already considered herself Chen Xiao's person and was ready to be taken in by him. It was just a matter of when Chen Xiao would choose an auspicious day to experience the bliss of being Secretary Zhang.
Recently, there have been some minor personnel changes at Junxing Motors. This kind of thing shouldn't normally reach Chen Xiao's ears, but Xiao Yuting said that he would still listen to it out of courtesy. The purchasing director of Junxing Motors, General Manager Jia, was dismissed by the company. As for the reason, it was because Wang Ping mentioned in Chen Jiajun's group chat that General Manager Jia was with Wang Jian of Huadi and "Abstract" that night.
Chen Jiajun hates Huadi's people the most right now, or rather, he hates the KOC from Huadi Automotive Group, "Abstract Live Car Talk." Yet, President Jia is actually with them, which raises questions about his stance. Xu Wu immediately called Xu Gang and told him to leave the company. As for the cooperation that President Jia promised Gao Lei, that's definitely off the table.
Hearing this, Chen Xiao recalled Gao Lei's arrogant boast that he had partnerships with Junxing Auto and Zhifei Aerospace in Jiangzhou. It seemed Junxing Auto was connected to President Jia. Xiao Yuting reminded him, turning to Ma Jing and saying, "Inform Cha Lan to terminate the cooperation with Gaoda Electronics Technology Company as soon as possible. There's no need to blacklist him, but he shouldn't do business with Junxiao Group anymore."
The company he inspected, Zhifei Aerospace, was basically his business. Without his orders, Zhifei Aerospace would starve in no time. After all, the company was so large, employing so many people, but over 95% of his orders came from Chen Xiao.
He didn't dislike Gao Lei as much as he disliked "Abstract." To put it nicely, Gao Lei was devoted; to put it bluntly, he was an idiot. He slapped Gao Lei that day because Gao Lei kept cursing him, and the anger subsided afterward. But "Abstract Live Talking About Cars" was just too despicable. Seeing his online comments, he was lucky he hadn't been slapped to pieces. He'd been too obedient that day; slapping one cheek only to offer the other, Chen Xiao's heart softened for a moment.
Has Yang Mi left?
Chen Xiao suddenly missed Yang Mi again. He hadn't had enough the other day, so he wanted to see her again. Zhang Ziqian had already figured out his thoughts, and chuckled, "She's already gone. Should I call her back?"
Chen Xiao glared at her. "What are you thinking? I was just thinking that I didn't treat her to a meal this time, so I was thinking of having her come to this restaurant for lunch."
Zhang Ziqian didn't say anything. It was true that she was invited to eat, but it was hard to say what she would eat.
-
Qin Jun was getting anxious. After learning that the car he was blocking was actually Han Xue's car, the chairman of Junxiao Retail, he listened to President Tian's advice and decided to temporarily postpone getting his Aston Martin out, letting her calm down first.
What he didn't know was that Han Xue had already forgotten about it. As for leaving the Range Rover in the parking lot, she could just leave it there for a while. Anyway, she usually rode in the company car and rarely had the chance to drive herself.
When I finally decide to retrieve it, I can just send someone to pick it up. Right now, there's no difference between bringing it back and leaving it downstairs in Junxiao Lakeside CBD or downstairs in Junxiao City; both are properties owned by Junxiao Group anyway.
Qin Jun called General Manager Tian, asking if he could pass on a message to General Manager Han to find out his attitude, or even if he could personally apologize. General Manager Tian, of course, disagreed. He was trying to avoid this kind of thing, how could he possibly rush to the front lines? What if General Manager Han took his anger out on him? Would he still have his job?
These days, it's tough to run a large retail business. It's a rare opportunity to come to Junxiao Retail and get on the coattails of Junxiao Group. This is currently the most stable and highest-paying company in their industry. He doesn't want to lose his job because of Qin Jun.
However, Qin Jun was in Jiangzhou on a business trip, and the car he was using was borrowed from a friend. He was about to return to the group headquarters and couldn't leave without returning it. So, he went uninvited to Junxiao Retail's headquarters and went straight to find General Manager Tian of the purchasing department. He was told that General Manager Tian was out and not there. Qin Jun was a little annoyed when he suddenly saw a beautiful woman, as white as snow, walking out of an office in the corner. He couldn't take his eyes off her.
Qin Jun's previously gloomy expression froze instantly, his gaze unconsciously following the figure until she disappeared at the end of the corridor. He stood there stunned for a few seconds before snapping out of it, his Adam's apple bobbing, and he asked in a low voice, "Who was that beautiful woman?"
The staff member next to him glanced at him, his tone tinged with awe: "That's our chairman, President Han."
Han Xue walked slowly out of the office, her black haute couture suit outlining her cool and elegant profile. The tailoring was sharp, and the neckline was slightly open, revealing a glimpse of her delicate collarbone. Her long, ink-black hair was loosely tied back, with a few strands falling beside her ears, making her skin appear as translucent as snow.
A hint of aloofness lingered in her eyes, yet the subtle curve of her lips softened her coldness. Her high heels clicked crisply on the marble floor, each step exuding composure and confidence, as if she possessed an aura of quiet authority.
The air in the entire office seemed to freeze for a moment at her arrival. The surrounding employees unconsciously lowered their voices, their eyes following her retreating figure almost imperceptibly. Sunlight streamed through the floor-to-ceiling windows, illuminating her and outlining an almost transparent silhouette, like a fairy emerging from the snow, ethereal and untouchable.
Han Xue was planning to go upstairs. The others, including Lin Ya and Gao Yue, would usually eat on the 58th floor if they were there. Today, no one else was there, so it was just her and Xiao Yuting going up. Dinner was about to start, and Zhang Ziqian had just messaged her to come up.
"Hello, Mr. Han!"
Qin Jun snapped out of his daze at her beauty and took a few steps forward to call out to her.
Han Xue frowned slightly. Why would a stranger call her in the company?
(End of this chapter)
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