I Have 100 Million Stores

As Cao Xingyu's voice fell, the curious eyes of the audience suddenly turned to Cao Xingyu's body.

Seeing this situation, what major event Cao always has to announce? !

After realizing this, everyone sat in full **** and raised their ears, fearing that they might have missed something, and then one by one they lifted up their pens and prepared to take notes.

In this atmosphere, even Xie Qing couldn't help but cheer up.

Doing such a serious and solemn one, does this kid, or the capital behind this guy, want to play any new tricks?

Xie Qing murmured in his heart.

Cao Xingyu just smiled faintly when he felt the hot gazes around him, and said concisely:

"The first thing is to increase the number of subsidiaries of the group!"

"Increase the number of subsidiaries?" After hearing this, everyone's faces were puzzled.

Of course, everyone is aware of the fact that the group has two subsidiaries.

But in their impression, the two subsidiaries are actually just empty shells, and they don't look like a company should have at all.

Just that, why add subsidiaries?

At this time, when everyone was afraid to ask questions, Liu Ting raised her eyebrows and took the lead in answering:

"Mr. Cao, we already have two subsidiaries, Shiyu and Shimei, do we need to add more?"

"And there is another problem. Our subsidiaries actually didn't really play a role. Except for some of the subsidiaries of our lower-level employees in the corresponding industries, the subsidiaries are basically empty shells."

"Well, the fact that the subsidiary you mentioned is empty shell is another thing I want to mention." Cao Xingyu nodded towards Liu Ting with admiration, and said:

"The group has decided to formally use the functions of its subsidiaries with immediate effect, so that each subsidiary can truly operate!"

"Like our entertainment industry stores, all of them will be managed by Real King Entertainment in the future. Similarly, all restaurants in the catering industry will be managed by Real King Catering."

"Whether it is shops, personnel, operations, logistics, etc., all matters are to be fully accounted for by the subsidiaries of the corresponding industry, and each subsidiary is given sufficient autonomy."

"Each subsidiary can focus on a certain industry and field!"

"The six divisions of our headquarters group remain unchanged, but the personnel can be streamlined. In the future, the headquarters group will mainly do some overall management and coordination of various subsidiaries, and then determine the overall strategy. The development goals, let all subsidiaries strictly follow the strategic goals of the group headquarters to implement!"

This is the final decision made by Cao Xingyu last night after weighing the left and right at home.

Really start to use subsidiaries!

Let the subsidiary work!

Although the scale is not large now, the group alone can already take on all the work, but considering the future structural adjustments, it may be a bit of a headache, and the adjustment range will be quite large.

After all, the larger the scale, the more difficult it will be to adjust the structure. This is a bit of common sense.

Therefore, it is better to simply take advantage of this moment and directly specify the structure and clarify the role of the subsidiary.

Let the subsidiaries of each industry formally operate and establish a standardized management mechanism in advance.

Compared with other companies that are unable to clarify the company's future, and the company structure has not yet clearly defined the direction, Cao Xingyu's development of Shiwang Group is almost predictable, at least he is very clear about which fields he will be involved in.

This is also his unique huge advantage.

You can build a set of infrastructure first, and continue to improve this structure along with the company's development.

"Uh, I see..." Liu Ting nodded after hearing this, and said:

"Let each subsidiary focus on a certain industry, not only can better accumulate the experience and resources of a single industry, but also clarify the responsibilities of each company."

"When the scale becomes larger and larger, the role of the subsidiary will be fully utilized."

"Yes." Cao Xingyu nodded with a smile.

After the conversation between the two, everyone present also understood Cao Xingyu's intentions.

In the final analysis, it is to divide the boundaries with subsidiaries as a unit, so that each subsidiary can focus on a certain industry field, instead of being completely arranged by Real King Group as it is now.

The benefits of this are obvious.

There will be no confusion, the responsibilities are very clear, and each subsidiary can focus on a certain field, which is of great benefit to the company's accumulation of experience and resources.

For improving work efficiency, it can also have an immediate effect.

The practice of dividing businesses according to subsidiaries like this is common in many large enterprises, whether it is the Internet or traditional industries, there are many examples.

only...

Those are all big companies!

"Mr. Cao, we are okay with our own subsidiaries in the catering industry. After all, the number of catering stores is increasing. Especially after the completion of this large-scale acquisition of stores, our total number of stores will definitely reach Thousands of families!" Ye Xiufei interjected:

"But in the entertainment industry, our current stores are so pitiful. Is it necessary to divide this situation into such detail? It's better to manage them together first."

Ye Xiufei's remarks basically expressed the aspirations of many people present.

Anyone with a discerning eye can see that the role and value of subsidiaries have been continuously improved with the rise in scale.

Only when the scale becomes larger and larger, the value of the subsidiary will be greater.

Conversely, like the twenty or so stores in the entertainment industry, it is necessary to establish a subsidiary to manage them?

Obviously, it is a bit of a waste of resources, and the taste of increasing costs for no reason is in it.

"There are fewer stores in the entertainment industry at present, but that doesn't mean there are fewer stores in the future." Cao Xingyu responded meaningfully.

As soon as Cao Xingyu's words came out, everyone was immediately shocked.

Does Mr. Cao mean to enter the physical store of the entertainment industry?

this...

It doesn't seem to be impossible!

Many people came back to their senses and thought of how long did Shiwang Group develop?

Only two months old!

In such a short period of time, it has expanded to its current scale.

The catering industry is rushing to a thousand stores!

Such a terrifying expansion speed, coupled with the strength that President Cao can't figure out for ordinary people.

Will it be difficult to expand if we turn our attention to stores in the entertainment industry in the future?

It doesn't seem to be difficult at all!

At that time, maybe the number of stores in the entertainment industry will rise sharply!

"I see..." Ye Xiufei was taken aback for a while, and replied excitedly:

"Mr. Cao is planning ahead and adjusting the structure first to cope with our upcoming expansion!"

"Improve the efficiency of our management in the future!"

"Well, it's almost the same." Cao Xingyu nodded nonchalantly.

After getting confirmation from Cao Xingyu, everyone present couldn't help showing excitement.

After all, the company's growth is closely related to them!

"Mr. Cao, are the two subsidiaries of Shiyu and Shimei not enough? New subsidiaries will be added?" Liu Ting pursed her lips and asked:

"Our company's current assets seem to be involved in restaurants and entertainment stores."

As soon as this sentence was uttered, everyone immediately came back to their senses, with a look of surprise on their faces.

Yes!

I almost forgot this!

There are two subsidiaries now. Isn’t that enough?

You know that these two fields are quite huge, and a lot of funds are already needed!

Even more?

Is the group involved in more new fields and new businesses?

"Well, it's far from enough." Cao Xingyu smiled and nodded. In the eyes of everyone's doubts, he faintly spoke:

"Four subsidiaries are added this time."

"Real King Real Estate Co., Ltd., Real King Logistics Co., Ltd., Real King Software Technology Co., Ltd., Real King Investment Co., Ltd.!"

Wow!

When these words came out, it was like a blockbuster, causing an uproar in the audience instantly!

Everyone present was shocked, and all of them couldn't care that this was in a meeting, and couldn't help but exclaimed:

"Real King Real Estate? Do we still want to do the real estate industry? This... now the real estate industry has the highest entry barrier in the real estate industry! Unlike before, buying land is cheap, and now the price of land is early It has risen many times, and this bank has extremely high requirements for cash. Without a certain amount of cash flow, you can't even buy land!"

"Shiwang Logistics? Does it mean our takeaway delivery team? Isn't that a close-range takeaway delivery service...it doesn't seem to be related to traditional logistics at all?"

"Real King Software, is this going to split our current software team out?"

"There is also Real King Investment... Don't we have to get involved in the investment field?"

"..."

A series of surprised and inexplicable voices kept ringing!

It is true that the industry fields corresponding to the names of these four subsidiaries are too large!

Regardless of Realking Software, the other three, it can be said that all of them are gold swallowing beasts!

The demand for funds is staggering!

Therefore, no one would have imagined that President Cao would suddenly add such four subsidiaries, aiming at a few of them, which is a completely new field for Shiwang Group at present!

The key is that the fields covered by the existing two subsidiaries, real entertainment and real food, also require a lot of capital investment!

Can so many fields really survive?

Also, aren't we engaged in physical stores and chain brands?

I immediately jumped out of this circle...

Everyone's thoughts are beginning to mess up!

Can't keep up with Cao Xingyu's rhythm at all.

Even Xie Qing, who was on the side, couldn’t digest the news when he heard the news...

Because all the time, in her analysis, the business model of Real King Group is centered around the store.

Including the subsequent realization, she probably had some direction in her heart.

It is nothing more than using the store to form a certain monopoly, and then after having a market position, to use various methods to monetize traffic.

This model has been verified for a long time, but the only difference is that it does not operate a store like the Real King brand.

But Xie Qingzhen is a little dumbfounded when he hears the four subsidiaries mentioned by Cao Xingyu...

Especially Real King Real Estate...

Is this the rhythm of becoming a competitor with our Xie Group?

Xie Qing looked at Cao Xingyu in disbelief. Does this guy know what he's talking about?

Also, in the real estate industry, who do you think can play if they want to play?

As we all know, the real estate market in recent years has long been monopolized by a group of established real estate developers.

At most, there are some local real estate developers in each city who can get a share of the pie.

And the local real estate developer is either a veteran and has developed for many years, or has a certain relationship and background in the local area.

What does Shiwang Group have?

Nothing!

How dare you call for the establishment of a real estate subsidiary? ?

Not to mention logistics, it is already a red sea, and the competitive pressure is not ordinary.

Take your life?

In other words, the establishment of these subsidiaries is just for the sake of face? Pretending?

Xie Qing thought of a possibility.

In the face of everyone's surprise and disbelief, Cao Xingyu smiled disapprovingly, and continued:

"Real King Real Estate, the follow-up business of this subsidiary is the real estate industry."

"Not only commercial real estate, but also residential real estate. In short, real estate-related real estate will be involved in the future!"

"It's just that Real King Real Estate will not make any major moves for the time being. The initial task is more to conduct market research."

"Put the research goal in Sansha City, collect all relevant real estate information, learn first, and settle."

"Prepare everything for us to enter the real estate industry."

"You really want to play real estate? And are you involved in both commercial real estate and residential real estate?? Are you crazy?!" Hearing this, Xie Qing couldn't help asking aloud, the news is too amazing!

There is only one real estate developer in the country, and they generally focus on commercial real estate, so they won't get involved in housing.

For example, the Xie Group is one of the outstanding and typical representatives.

As for residential houses, they generally don’t get involved in commercial real estate.

The reason is that real estate requires too much cash!

And there are many competitors, the competition pressure is great!

In addition, real estate developers also have a brand effect in it, focusing on a certain area, which can better build brand awareness, so that customers can trust and buy.

Don't underestimate brand awareness, this is too important for real estate developers, because it involves the rate of return and the speed of payment.

The faster the payment is received, the faster the expansion will be, and more funds will be available to open up new buildings.

Conversely, if a property cannot be liquidated for a long time, it means that the real estate developer will be unable to withdraw funds for a long time.

For the real estate industry with high cash flow requirements, this situation will make some small real estate developers unfinished.

All unfinished buildings in the country are basically related to the rupture of the capital chain~www.readwn.com~. At present, Cao Xingyu said to set up a subsidiary to conduct research, collect data, and make perfect preparations.

Everything has come to this point. If Xie Qing can't tell Cao Xingyu is serious, it will be a waste of life.

The others in the room were shocked when they heard that Cao Xingyu began to arrange early goals for the real estate company!

Investigate and say that being straightforward is to learn and accumulate experience!

After all, there is too much expertise in the real estate industry!

For Shiwang Group, if you enter blindly, you will probably have to step on a lot of pits and pay a lot of tuition.

Research in advance can avoid many detours in the future.

Oh my god, isn't it, you are really ready to enter the real estate? !

The whole audience was in shock.

"That's natural." Cao Xingyu nodded with a smile, and responded to Xie Qing.

After a pause, Cao Xingyu took out the two documents he had prepared, pushed them to the center of the conference room desk, and said astonishingly:

"In fact, we have already dabbled in real estate."

"The two copies, one is the residential property in Crystal Beauty County, and the other is the commercial property of our flagship store on Daxing Road Pedestrian Street."

"Of course, this is at best a little slapstick, and it's not about officially entering the real estate industry."

"This is just to tell everyone that in the real estate industry, we will definitely get involved in the future."

Wow!

As soon as Cao Xingyu's words came out, the audience was in an uproar!

A pair of shocked eyes looked at the pile of documents on the desk in disbelief!