Early morning, Hailong Building.
"After the '2·27 crash', in the past two weeks, the market plummeted 8.84%. The Shanghai stock market released a huge amount of 131.6 billion, setting the largest single-day decline in 10 years, and more than 900 stocks fell to their limit."
"Today the situation has reversed. The Shanghai and Shenzhen stock markets have been rising slowly and returned to 2900 points. Experts said: The rebound is a fundamental reversal of the market trend and is expected to exceed 3200 points..."
Financial news was playing on the computer. Lu Fei crossed his legs and gave orders and pointed out A-shares while talking to Zhang Lei on the phone.
Taking advantage of the rebound in the stock market, the Three Body Fund made a planned withdrawal.
"Thanks to you, I've made a lot of money from Maotai and Wuliangye. Hey, do you have any stock recommendations?"
Xu Lei walked in and said with a smile: "Chinese stock god."
"You still touch stocks?"
Lu Fei closed the video, raised his head and said, "Didn't I leave you a share in the short-selling fund?"
"No one thinks they have too much money, and I'm not like someone who says, 'I'm not interested in money, I never touch money.'" Xu Lei imitated.
Lu Fei rolled his eyes: "Do you want me to call Hurun and write your name on the pig killing list?"
"No, no, no, it's enough that you and Gaodong are on the list."
Xu Lei smiled and handed over a thick stack of documents, "This is the final version of our 2006 annual report."
Lu Fei took a closer look and saw ten lines in one glance.
The annual sales exceeded the 70 billion ceiling. In just over 5 years, it was 1.5 times higher than the total of Lianhua Supermarket's 3,913 stores nationwide.
Mobile phone sales surpassed the national chain store champion "Dixintong", clothing sales exceeded the total sales of all 100 million yuan hypermarkets in Yanjing, and 3C Digital also closely followed Suning and Gome...
The snack and beverage category has supported domestic brands such as Baicaowei, Baixiang, and Licheng, and has also spawned a bunch of Qilixiang-owned Jinmailang, Weilong, and Red Bull...
In terms of items, only the maternal and child channel ranks second in e-commerce.
"If we hadn't always controlled the quality of milk powder and conducted random inspections, there would have been no chance of Taoduoduo."
There was no hint of displeasure on Xu Lei's face.
"I'll give you this opportunity, do you want it?"
The corners of Lu Fei's mouth rose.
"Then give it to Ahri. It's just a time bomb. Just wait for March 15th." Xu Lei rubbed his hands.
"This kind of thing is not worthy of gloating."
Lu Fei glared angrily and heard "Dongdong" knocking on the door. One second he said "Please come in", and the next second, Sun Hongbin's figure immediately appeared in front of the two of them.
"Long time no see, Mr. Sun."
Although Xu Lei had never worked with him, he had heard rumors about him in Lianxiang and was personally sent to the top of the prison by Liu Chuanzhi.
He is a man who can bend and stretch.
After he was released from prison, he took the initiative to reconcile with Liu Chuanzhi, and with some help, he turned Sunchi, a real estate agency, into one of the top ten brands in the country, and even dared to compete with Vanke.
At that time, how domineering and arrogant he was.
Now, the hair on the temples is white, and the face is also vicissitudes of life.
"Mr. Xu."
Sun Hongbin felt mixed emotions in his heart. Looking at him with flowery arms and high spirits, looking at himself again, he couldn't help but sigh.
What a down-and-out loser!
"sit."
Lu Fei stretched out his hand and pointed to the sofa opposite.
Sun Hongbin spoke cautiously and cautiously. After chatting for a while, he finally got to the point and said in a weak and tentative tone:
"Mr. Lu really plans to enter the game at this time?"
"Is there anything wrong with this timing?"
Lu Fei poured three cups of tea and divided them between the two of them.
"The current situation in the real estate industry is very pessimistic."
Sun Hongbin did not shy away from taking himself as an example.
In order to catch up with Vanke, Sunco has purchased land across the country in recent years, regardless of the cost. Others offered 5 billion, and he paid 7 billion, leaving no way for himself to fall back. As a result, under the waves of harsh macro-control, it was too late to step on it. The vehicle braked and the Sunco overturned.
It was sold at a low price for 1.28 billion, which was only enough to repay the debt.
After working hard for many years to start a business, it was completely ruined.
With the market going like this, to dare to venture in is simply outrageous!
"Mr. Sun is right. Fei, in my opinion, it is better to wait until macro-control is loosened before taking action on your commercial real estate theater plan." Xu Lei took a sip of tea and looked straight at it.
Lu Fei gently touched the cup wall and remained silent.
Sun Hongbin tried to persuade him with good intentions to leave a good fortune for his comeback. Nowadays, financial control and money tightening mean that even Wang Jianlin, who prides himself on being well-connected, cannot borrow money.
Due to the huge financial pressure and the end of the road, we had no choice but to cut our hands. We reluctantly gave up 9 of the 21 Wanda Plazas that were already in operation or under construction, and quoted a price of 3.1 billion to cash out.
"Wanda has no money too?"
Lu Fei's hand holding the glass suddenly paused.
"It is so difficult for an asset-light model like Wanda to be successful. Mr. Lu can imagine how difficult it is for real estate companies to raise funds, right?"
Sun Hongbin is not stupid. When he heard about the business district centered on large commercial real estate, he immediately guessed that Mr. Lu wanted to learn from the Wanda model.
Wanda Cinema Line is built on the basis of Wanda Plaza.
"Look, this is called professionalism."
Xu Lei glanced at him and said, "You still want to insist on being a theater chain?"
"I am a theater chain, not just for the Han and Tang Dynasties."
Lu Fei patted the sofa handle, "I am also making some preparations in advance for the future development of Feigou.com."
"How do you say this?"
Xu Lei and Sun Hongbin looked at each other and listened attentively.
"Since we are very likely to cooperate in the future, I might as well speak more openly. I want to be a theater chain first and foremost for Meituan's ticketing."
Lu Fei bluntly stated the current predicament. The software and hardware of Meituan Ticketing and Weiluo City are obviously advanced, but they have been boycotted by theater chains and theaters, and their coverage rate is quite low.
These days, it’s a stage where theaters dominate.
The Chinese film market lacks unified calculation standards and distribution channels. Basically, there are two sets of ticketing systems. Just like some real estate companies have two accounts, one is responsible for daily ticket issuance by theaters, and the other is responsible for reporting box office to the country. There are loopholes in this. Drillable.
Use waste tickets, bundle packages, and even steal box office.
If the ticketing system covers it, you can't do it openly!
"So Mr. Lu wants to build his own theaters and install the Meituan ticketing system in his own theater lines to cultivate users' usage inertia. Once they get used to it, he will naturally force those theater lines that are unwilling to cooperate to cooperate and introduce Meituan Ticketing system.”
Sun Hongbin drew inferences from one example, "We can even force small and medium-sized theaters to join Mr. Lu's theater brand, right?"
"That's right!"
Lu Fei snapped his fingers, "Han and Tang Cinemas will focus on self-operation and franchises. Han and Tang will build the brand, and then send representatives to participate in the operation of franchised cinemas, so that the entire cinema chain will be able to 'unify the brand, unify management, unified marketing'."
Xu Lei frowned and said, "Ah Fei, is it a bit putting the cart before the horse to develop a large commercial district just for the sake of theaters?"
"I think so too."
Sun Hongbin was puzzled. Even though Wanda’s model claimed to be asset-light, compared with focusing on building theater chains, the amount of money invested was simply not on the same level! Why stick to the business district?
With the same amount of money, more theaters can be built!
“Does Meituan only offer tickets?”
Lu Fei didn’t make dumplings just for this bit of jealousy. On the contrary, the catering brands that have settled in can be directly transformed into Meituan’s first batch of takeout and even gourmet group buying merchants.
What’s more, it’s not just Meituan, but also Feigou.com.
Today is still the explosive period of e-commerce, but five or ten years from now, as soon as the traffic dividend ends, the increase in users will fall into a bottleneck, and the leaders will only be able to burn money with each other and continue to compete for inventory.
E-commerce must move from 1.0 to 2.0.
One is like Kuaishou, Douyin, e-commerce with goods.
The other is to go back to offline entities from online.
It's like a combination of Walmart and Amazon.
Jingdong Mall, as well as many clothing, department store, food, electrical appliances, beauty and other brands incubated by Feigou.com, can settle in Mr. Lu's commercial plaza like the Han and Tang Cinemas.
For example, Bestore.
Sunima, become bigger and stronger and create greater glory!
“Only by combining online and offline with logistics can real new retail be born, and the group of e-commerce brands supported by Feigou.com can impact from low-end to mid-to-high-end.”
Lu Fei kept describing the future e-commerce landscape.
"Food reviews", "ticketing systems", "new retail", and even "artificial intelligence", concepts related to "Internet +" poured into the minds of Sun Hongbin and Xu Lei.
They couldn't help but take a breath, why does Mr. Lu have so many tricks? It's like heifers wearing bras, one after another.
"It's virtual online, it looks ethereal, it kills invisible, but it's real offline. Although it's heavy, it's deadly."
A smile appeared on Lu Fei's lips: "Do you think it's jealousy or dumplings now?"
"Gulu, Mr. Lu, how much do you plan to invest in the early stage?"
Sun Hongbin felt that there was great potential and was eager to try it.
"That depends on how Wang Jianlin sells it."
Lu Fei crossed his arms and said, "Didn't you say that Wanda Plaza is for sale? I'm very interested in taking over a few for pilot purposes."
"At least 3 starts, that's more than 1 billion."
Sun Hongbin felt uncomfortable. At that time, Sunco was only 1 billion away from rescuing him, but he couldn't raise it.
"I will use the name of the Three-Body Fund to raise funds from the market." Lu Fei shook his crossed feet.
Smart people use other people's money to make money!
"Mr. Lu's brilliant move, I admire him, I admire him."
Sun Hongbin had to sigh and regretted that he could not have known Mr. Lu earlier. If he could have found him earlier, Sunco could have been saved!
"Mr. Sun, don't you know what I value most about you? It's not you as a professional, but you as a failure." Lu Fei patted him on the shoulder, "Like a hungry wolf, eager for success, you lack It’s just an opportunity, someone you can rely on.”
"Lu, Mr. Lu, I did it!"
Sun Hongbin was so excited that goosebumps broke out all over his body.
Lu Fei nodded with satisfaction, and then discussed the overall planning of commercial real estate, including naming, general cooperation framework, investment proportion, equity allocation, management model...
Chatting from day to night.
"Mr. Lu, Mr. Xu, happy cooperation!"
Sun Hongbin was so excited that he could feel that the day of his comeback was today, just today!
“A pleasure to work with.”
Lu Fei shook hands with him, his eyes meaningful.
Does this count as bringing real estate bosses into the film and television industry?
The former coal boss, now the real estate boss...
Mr. Lu is truly a beacon of light in the entertainment industry!
…………
“Feigou.com’s annual report is out!”
“Feigou.com’s transaction volume in 2006 was the second largest comprehensive store in the country. This number was higher than China Resources Vanguard (37.9 billion), Dashang Group (36.1 billion), Carrefour (24.8 billion), and Wumart (23.1 billion). It was only Second to Bailian Group (77.1 billion).”
"..."
“Goldman Sachs Group analysts said: Forbes’ statistics on Feigou.com’s valuation are seriously underestimated.”
"Underestimation! Underestimation! Why is Feigou.com undervalued? Aren't Taoduoduo and Ali Baba undervalued?"
Lu Yun stood up angrily and looked at the plaque of "Huashan" hanging on the wall behind him. The previous "Peach Blossom Island" had disappeared because he wanted to remember it all the time——
Feigou.com is the Songshan sect that has done many evil things.
Although he is the leader of the Wuyue e-commerce alliance now, Ah Li Daba will one day unseat Lu Fei and revive the Huashan Sect!
"Alas~"
Cai Chongxin pushed the door open and sighed when he saw it.
Lu Fei has become Lu Yun's inner demon, and has reached the point of demonic barrier. He even named him "Feng Qingyang" just to suppress Lu Fei, the "Linghu Chong", and even called the plan for Feigou.com The "dog-beating stick method" is specially designed to beat down dogs!
"Chongxin, is something wrong?"
Lu Yun turned his head.
"As underwriters, after discussing with Masayoshi Son, I identified three companies: Goldman Sachs, Deutsche Bank, and Morgan Stanley." Cai Chongxin asked, "They all want to know when we will go public?"
"Definitely after 619, definitely in the second half of the year."
Lu Yun touched his chin, "What do you think?"
"I think it's better to do it sooner rather than later. September and October are more suitable. The two months in between are enough for our road show."
Cai Chongxin adjusted his glasses.
"That's it, you can bring it up during the meeting."
Lu Yun paced back and forth, "Let me talk about the next step after the listing. Just like Feigou has the traffic of Penguin, Ali must also have its own social traffic."
Cai Chongxin suggested: "How about Pang Shengdong's 51.net? It's the one that most closely imitates Penguin."
"Is it that SNS website that is borderline cyan?"
Lu Yun frowned.
"Don't underestimate this 'dating website with diaries, photos, etc. as its core'. It is already undergoing transformation. It is said that it has specially made a 51 hookup similar to QQ, which can help you cross the river by feeling the penguins."
Cai Chongxin said: "The third round of financing received a lot of interest, including from your old acquaintance, Shi Yuzhu."
"It seems that his Giant Network will also be launched this year."
"Yes, Shi Yuzhu definitely wants to copy Penguin's 'social + game' model, and 51 Network seems to be destined to win."
"I didn't expect that before I had a fight with Lu Fei, I had a fight with Shi Yuzhu first." Lu Yun showed a rare joking smile.
"I'm afraid it's not just Shi Yuzhu."
Cai Chongxin reminded that Li Yanhong was also involved in e-commerce, and "Baidu Youah" was launched online to enter the c2c market.
The first shot is planned to be fired on 315!
"Haha, even Li Yanhong wants to join in the fun."
Lu Yun smiled coldly: "He thinks e-commerce is very simple, and any cat or dog can get a piece of the pie!"
"After all, Baidu ranks first in the search market share. I think we can be ranked second in e-commerce with Yahoo China in third place. No matter what, Baidu's huge traffic support will not catch up with us in c2c." That’s it.”
"Chongxin, what do you think we should do?"
"We can put Feigou on hold. Let's take advantage of March 15 and June 19 to hit the mountain and shake the tiger. After the listing has sufficient funds, we can then compete with Lu Fei and Liu Gaodong!"
"Okay, let's warm up with Baiduyou!"
Lu Yun was instantly moved. To deal with a behemoth like Feigou.com, of course, the company would have more confidence and strength after it went public.
And Baidu has it, how dare you?
Who gave you, Li Yanhong, the courage to challenge the second child?
Yes, if I can’t beat Feigou, I can’t beat you Baidu!
