I can become stronger by paying salaries. I have one billion employees!

Chapter 520: 43.4 million people enrolled in insurance! Boss Chen is here, and wages are about to rise!
Yu Ding Xuan, Xuzhou Times Square.

Inside a luxuriously decorated private room, a dozen exquisite local dishes were laid out on a mahogany dining table, and half of a bottle of Baozhen aged wine, which had been treasured for many years, remained.

Chen Yansen didn't take Yu Donglai's refusal to heart.

If the other party readily agrees, he should become suspicious.

"What are Mr. Yu's concerns? Is he worried that Pang Donglai will lose its essence, or that I can't afford the price, or that if he has less equity, his profits will also decrease?"

Chen Yansen looked at Yu Donglai and asked softly.

"Mr. Chen, Pang Donglai is not a highly profitable money-making tool. To be frank, its annual net profit is only 3% to 4%. If you buy it, the annual profit will probably not even reach 100 million."

After a moment's consideration, Yu Donglai earnestly advised him.

In his view, Chen Yansen could easily generate over 100 billion yuan in annual revenue with just one subsidiary, DeepBlue Technology.

In contrast, the revenue generated by Pang Donglai's 12 stores and more than 3000 employees is simply a joke.

To put it bluntly, Chen Yansen could have gotten a higher return in a year if he had deposited the money he invested in Pang Donglai in a bank.

"Does Mr. Yu know Liao Wei of Yunsu Express?" Chen Yansen asked in return.

"Of course I've heard of him. Mr. Liao is undoubtedly the leader in the private express delivery industry, holding half of the market share. All of his hundreds of thousands of couriers are covered by social security and enjoy overtime pay and quarterly bonuses four times a year. I know that Mr. Chen is behind this."

Yu Donglai replied.

"Wall Street values ​​Yunsu at $340 billion, while Liao Wei holds 3% of the options, worth $10 billion. But when he sold Yunsu to me three years ago, the price was $4000 million. Now his net worth has increased 25 times, and he is still the CEO of Yunsu Express."

Chen Yansen said slowly.

The implication is that after acquiring Pang Donglai, Senlian Capital will still retain a certain percentage of stock options for Yu Donglai, and will also hand over the daily operational authority to him.

The biggest advantage of using Liao Wei as an example is that the two are of similar age, both approaching fifty.

If Chen Yansen could trust Liao Wei and delegate authority to him, he could naturally do the same for Yu Donglai.

Upon hearing this, Yu Donglai fell silent.

His low level of education does not mean he has read little; he understood the subtext in Chen Yansen's words.

It must be said that Chen Yansen's conditions were extremely favorable, and the other party made it clear that they were willing to share 60% of the profit margin with the employees, and also expressed their approval of his business philosophy.

But Pang Donglai is a business he has worked hard for for nearly 20 years, so how could he bear to give it up to someone else?

Moreover, people change, and who can guarantee that Senlian Capital won't cut base salaries, social security contributions, or employee benefits in the future?

With that in mind, Yu Donglai replied firmly, "Mr. Chen, if you want to get involved in the supermarket industry, I'd be happy to share my experience with you, but let's forget about the acquisition."

Chen Yansen looked at Yu Donglai and, seeing his resolute attitude, stopped trying to persuade him and instead proposed a second plan: "How about this, I will arrange for the middle and senior management personnel of Orange Supermarket to come to Xuzhou for training, and at the same time pay for the training fees."

In addition, I would like to invite Mr. Yu to serve as Honorary CEO and guide the development of Orange Supermarket's employee benefits system.

Don't want to sell?
It's ok!
I'll buy players first!

It's not too late to talk about mergers and acquisitions after Orange Supermarket has achieved some success.

Honorary CEO?

Yu Donglai put down his wine glass, stared intently at Chen Yansen, and after a long pause, nodded heavily in agreement.

Since they think so highly of me, I can't keep refusing and offending them, can I?
Moreover, since KuaiRun launched its supermarket channel, large supermarkets, community supermarkets, and convenience stores on the streets have all been busy going online, hoping to expand their business scope and attract more customers.

Although Pang Donglai has high sales per square meter, Yu Donglai doesn't dare to say that it doesn't need online channels at all.

Therefore, maintaining a good relationship with Chen Yansen can also help the company secure additional traffic resources.

After thinking it through, Yu Donglai chuckled and picked up the wine bottle, refilling Chen Yansen's glass.

The two ate and chatted, and the meal lasted from noon until 3 p.m.

After they had eaten and drunk their fill, Yu Donglai pulled Chen Yansen along and slowly walked into Pang Donglai's restaurant.

The first floor mainly features gold jewelry and cosmetics; the basement is the core retail area, focusing on fresh produce, food, and daily necessities; the second to fourth floors are the clothing area, positioned as mid-to-high-end; and the fifth floor includes a restaurant area, a cinema, and an arcade.

It has both self-operated businesses and brands that have joined the platform.

During the tour, Chen Yansen discovered many problems.

For example, Pang Donglai is too regional, with its fresh produce and food categories heavily reliant on local suppliers. Expanding to other regions would require rebuilding the supply chain, increasing costs and quality control risks, making it unsuitable to simply copy and paste its model nationwide.

In addition, Pang Donglai also has obvious shortcomings in cost control, large-scale expansion, and digital management.

Of course, it also has many advantages that are worth learning from.

However, blindly applying this method will likely backfire.

Just like the 'zero-threshold return policy,' a customer once returned a rice cooker that had been used for more than half a year because the color was not nice.

Human nature is something that cannot withstand the test.

"Standardized services should be developed, which should protect the interests of suppliers and platforms as well as the rights of users. We must strike the right balance."

Chen Yansen pondered to himself.

At 5 p.m., he declined Yu Donglai's dinner invitation and left Xuzhou by car for Greentown International Airport.

In return, Chen Yansen promised to provide preferential traffic allocation for Pang Donglai in Xuzhou and Muye.

Next, he plans to visit Yonghui, Walmart, and RT-Mart in order to learn more from their experience.

While Pang Donglai's model is excellent, it is not universally applicable, and he firmly believes that there are some flaws hidden behind this model that he has not yet noticed.

He simply didn't realize it because he didn't have enough information at the moment.

"Mr. Yu has a truly broad vision. In a fourth-tier city like Xuzhou, he is willing to offer ordinary employees a base salary of 3000 to 5000 yuan. With various subsidies, their pre-tax income can reach more than 6,000 yuan. In addition, there are benefits such as 40 days of annual leave and bonuses."

Sitting in the car, Song Yuncheng couldn't help but sigh.

Chen Yansen smiled but didn't reply.

He always thinks about problems from the bottom of logic, neither deifying anyone nor completely negating a person.

"By the way, Master, why did you suddenly want to open a supermarket?" Song Yuncheng asked curiously.

“After two or three years of development, Pinbei and Kuaipao have accumulated a lot of merchant resources in the supply chain and direct sourcing channels for agricultural and sideline products from their place of origin, so it’s not surprising at all.”

Chen Yansen, with an expression that suggested he was prepared, spoke casually.

A small community supermarket can provide 20 to 25 jobs; a large supermarket can provide 300 jobs.

If the business scope is expanded to all parts of the world, it can accommodate at least a million employees.

He can contribute over 1000 million in humanitarian aid every month!

He won't choose to turn a blind eye.

The car sped along and soon arrived at the airport.

When he returned to the virtual city, it was exactly 8:30 p.m.

Song Yuncheng was a year ahead of him and had already graduated. He now lives in Longdeyuan at No. 24 Bianhe Middle Road.

That's right, I live in the same neighborhood as Master Ye, but there are more than a dozen residential buildings between us.

Chen Yansen asked Xiao Li to take Song Yuncheng back to the community first, and then took the elevator and rang Ye Qiuping's doorbell.

Meanwhile, at the entrance of a large garment factory in Jimo, Qingdao, hangs the sign of Taihua Group.

The production workshop was stuffy and hot, and the workers were worried.

They had already heard that the boss had been badly ripped off by the Japanese and was short of cash, so he was planning to sell the factory.

"That damn Yang Weidong owes us two months' wages! If no one takes over the factory, won't we not get a single penny?"

A middle-aged woman in her forties lowered her voice and cursed angrily.

She works on an assembly line in the ironing workshop, earning a basic salary of 1600 yuan and a commission of 0.28 yuan for ironing each shirt.

If you want to make more money, you have to work like crazy.

You can only earn 140 yuan by ironing 500 new clothes every day.

The money I earn every month through hard work is mixed with blood and tears.

"Sister E, the factory is so big, with so much equipment. After it's sold, the boss should be able to pay wages, right?"

Yang Fenghuang stopped what she was doing. Upon hearing that she might not get paid, she immediately lost all motivation to work.

"Who knows? Hopefully, the boss will be more humane."

Sister E sighed.

Yang Fenghuang smiled bitterly. She was only fifteen years old this year. If she hadn't deliberately reported her age as a year older when she was a child, she wouldn't even have been able to get into the factory.

But to her utter surprise, after finally paying the fees and passing the medical examination, she hadn't even worked for three months before the factory was about to go bankrupt.

"I'm so unlucky."

Yang Fenghuang was dejected and had lost all motivation.

In reality, most people are just like her, slacking off and wasting time.

If you're not even guaranteed to get your salary, who would be foolish enough to work their ass off for the boss?
The factory's management knew about this situation, as did Yang Weidong, so he went to Shanghai to look for potential buyers.

He originally intended to sell the factory to Zhou Jiancheng of Metersbonwe, but unexpectedly, after being rejected by multiple parties, Chen Yansen of Senlian Capital expressed his intention to acquire it.

After two days of initial communication, Senlian Capital will invest 1.7 million yuan to buy the factory's land, buildings, and equipment.

This price is almost 7% of net assets.

But Yang Weidong had no choice; he desperately needed funds and had to grit his teeth and sign the contract.

When the news reached Qingdao, the factory's management couldn't help but breathe a sigh of relief.

Cathay's fate is none of their concern; at least they've secured their salaries for the past two months.

"Senlian Capital? Isn't that a mobile phone company? What is Mr. Chen buying a factory for?"

"It's definitely for making clothes, right? Do you expect us to build air conditioners with sewing machines?"

"This is really good news! I heard that the factory workers of Orange Air Conditioner and Orange Electric Fan used to have a monthly salary of only 2,000 yuan, but now they all have a salary of 3,300 yuan, the same as the Orange Mobile Phone Factory."

"Boss Chen is here, so wages are going to increase!"

For a time, everyone in the factory was filled with anticipation.

The sewing machines in the workshop seemed to move a little faster, and the workers huddled in the corner playing on their phones couldn't help but fantasize that if they could be paid according to this standard, they could buy their son a new computer by the end of the year.

Base salary of 3,300?
Up to three times the overtime pay?

Four quarterly bonuses a year?
Food and accommodation included?

Yang Fenghuang was about to run away with the bucket, but after learning about the generous benefits offered by the factories under Senlian Capital, she suddenly didn't want to leave anymore.

……

……

At dawn the next day, a ray of warm sunlight leaped over the horizon, and the sky gradually turned a pale white.

The first day of December was particularly chilly, and sanitation workers in Delta Park were sweeping up the leaves that had fallen the night before.

Chen Yansen reclined on a wicker chair in the garden and brought up the system panel.

Last month, there were a total of 681291 strands of Humanity's Flame, which can be combined into 68 strands of Immortal Flame.

As the types and scope of its business increased, the number of employees at Senlian Capital grew like a snowball.

According to the financial statements sent by Gao Weilin, the total number of people enrolled in the group's insurance program is 434,000, an increase of 160,000 compared to July.

This is largely thanks to Robin Li and Liang Zhangjian. When Kuaipao was competing with Baidu and Ctrip, it naturally had to invest huge sums in marketing.

The platform invests money, users place orders, and the scale expands!

As the business grows rapidly, it needs more riders, business development staff, operations personnel, and technical staff to provide support.

In addition, Yunsu's expansion speed is equally impressive. Liao Wei followed in Zhou Shouzhi's footsteps and extended his business reach to Southeast Asia, forming deep partnerships with local e-commerce platforms.

"add a bit!"

With a thought, Chen Yansen sent a purplish-black mist into his brow.

In just a few breaths, his mental strength increased from 103.73 to 104.41.

The range of divine sense detection and the upper limit of the weight of objects that can be controlled have also been slightly improved.

the other side.

At the Shenzhen Orange Mobile Phone Factory, Cao Dahua announced that starting in December, the after-sales service department's training courses will include four new courses: automated equipment, production line operation and maintenance, quality inspection technology, and mobile phone testing.

In addition to the original mobile phone repair, the training classes inside the factory are becoming more and more like a technical school.

"President Cao truly lives up to his reputation as a former university professor; he never forgets his roots!"

"Big Mouth, stop talking nonsense!"

"The first batch of 400 spots is going to be incredibly competitive!"

The workers were talking about it.

Although there is a guaranteed salary at the training class, it's only enough to make ends meet. It's not as satisfying as working overtime to earn money.
"Wenjie, why don't you give it a try? You're a college graduate after all, you can't spend your whole life on the assembly line, right? You might lose a few months' worth of money now, but once you successfully switch jobs, you can earn back double that amount!"

Old Li from the assembly workshop offered some advice to the young man beside him.

"Thanks for the reminder, Brother Li," Gu Wenjie said with a smile.

You won't get rich by screwing in screws!

If you are selected, you can become an automated equipment operator or production line maintenance technician, and your income will be at least 50% higher, or even doubled.

In the past, workers might not have been interested.

But things are different now. They have witnessed firsthand how graduates from mobile phone repair classes are assigned to directly operated stores across the country, working fewer hours, earning higher wages, and escaping the fate of spending their lives screwing in screws.

at the same time.

On the eve of Senlian Capital's relocation to its Luzhou headquarters, a company called Orange Network Technology was quietly established in Shanghai.

(End of this chapter)