In front of the building in the distance.

Yuan Chengdao smiled and said enthusiastically: "Congratulations to Mr. Li for his triumphant success!"

"Triumph" is the consensus of everyone.

An extremely successful iPo plan!

Teng Xun's resumption of trading and Weibo listing were almost at the same time. At the beginning, many people opposed it, thinking that the risk of both listing at the same time was too high.

The two companies raised nearly 10 billion US dollars in financing, which is unprecedented among technology stocks.

In everyone's opinion, investors need to be given some time. After all, their money is not made out of thin air. The two companies will dilute the funds when they go public at the same time.

But Li Dong insisted, and Weibo and Teng Xun also hoped to give him a big gift on the third anniversary and Li Dong's birthday, so both sides were speeding up in the end.

At the beginning of the roadshow, Yuan Chengdao and the others were worried about problems.

However, now, the emergence of the rush to buy has made everyone feel at ease.

Not only the rush to buy, now, the world is discussing Li Dong, all the distance, Weibo and Teng Xun.

Such a scenario has not appeared for many years. Even if Alibaba went public in 2007, the sensation caused was not as big as that of now.

...

Li Dong accepted the congratulations and congratulations from the company's executives.

However, Li Dong didn't say much about it. While walking inside the building, he asked, "How are you talking to Changjiang?"

When Li Dongye talked about Changjiang, Yuan Chengdao frowned slightly and did not respond.

Chen Lang, who was standing by, immediately said: "The formal contract has been signed, and we are also doing the job of taking over Baijia.

It’s easy to talk about stores in mainland China, but it’s easy to arrange employees.

But there is a little troublesome in Xiangjiang. Xiangjiang is a bit different from the mainland, especially the labor sector…”

Li Dong interrupted: "The treatment in the distance has never been worse than that of any company, you can do it yourself.

If I think I am the leader of Baijia, I want to significantly improve my treatment. OK, let me see their abilities!

If you don’t have that ability, don’t mess around with these messy things.

The wave of resistance that broke out in the distance finally stopped.

Don’t talk to me about these details, about funding issues, including the attitudes of other companies.”

Today, half a month has passed since the two sides reached an agreement. At this time, the far side has begun to take over Baijia. If other companies don’t know, Li Dong thinks they can all go bankrupt.

Hearing Li Dong’s question, Chen Lang hurriedly said: “In terms of funds, Changjiang is not too harsh this time.

Mr. Li Zeju said that it would not be too late to pay if you have enough money in the distance.

Of course, the contract was signed for one year.”

Li Dong nodded. After all, Changjiang is a large group, and the distance is not a small company. The 2 billion US dollars are not much more, and the lesser ones are not much.

If the other party makes a few polite words, it would be a sacrifice for face. After all, the two sides had a very happy quarrel before.

Of course, Li Dong could not really tell the other party what he said, and he would give it to him when he has money.

After thinking about it, Li Dong said, "Let's go in a while, try to pay it as much as possible within half a year."

Chen Lang responded, and did not ask about the source of funds. The 2 billion US dollars is not too much, especially when Teng Xun resumed trading this time, the long-distance sales restriction period is only 180 days.

After 180 days, even if you cash out some of the stocks, it will be enough to repay the debt.

After talking about the money, Chen Lang continued: "As for the reactions of other companies, Huarun has also begun to make self-operated layouts in Xiangjiang. Huarun has a deep foundation in Xiangjiang. Even if he does not acquire Baijia, Huarun's strength is not weak.

However, the Xiangjiang market is now close to saturation, and Huikang and Baijia account for 80% of the department store retail market in Xiangjiang.

As long as we can keep Baccarat's normal operations, other companies' expansion plans in Xiangjiang will have little impact.

However, in the mainland, especially in coastal areas, competition is now fierce.

Some retail companies we cooperate with have been complaining recently that Huarun, Bailian, and Gao Xin have been investing in stores in coastal areas crazily, and many of them are open almost adjacent to our system.

The diversion has been quite strong recently. It seems that these companies do not want us to continue to grow in coastal areas and have reduced our market size regardless of costs."

"In addition, there is one thing you are busy recently and may not care about it. Shin-Ichika declared bankruptcy..."

Li Dong was slightly stunned and sighed for a while: "Can't hold on? Yes, the competition in the retail industry is too fierce now, and the other party is barely holding on, but now it's normal that he can't hold on."

Li Dong may not have taken Shinichijia seriously, but it does not mean that he is not paying attention to it at all.

In fact, Shinichika's crazy expansion model at the beginning was almost the same as the distance.

The time was about the same. At that time, the two newcomers were expanding wildly, trying to create a national layout.

It’s okay here in the distance, but in fact, I have experienced several crises in the middle, but they were all resolved by Li Dong.

However, while Shinichika is expanding, she is unable to resolve the crisis in the face of the crisis.

In the past two years, the market facing fierce competition has long been showing a downward trend.

Back then, what Shinichijia was proud of was their outsourcing logistics, and outsourcing all of Shinichijia's logistics distribution. In this way, you can save a lot of costs without investing yourself.

But back then, major enterprises are now improving their layout and systems, and self-operated logistics has become the core competitiveness.

You may invest more at the beginning, but in the later stage, there will be a gap between the self-operated system and the outsourcing system.

Moreover, the cost of outsourcing logistics has increased in recent years and the price has been greatly increased. Xinyijia has no system of its own and has almost been allowed to be meat. It has lost a lot of competitiveness in this regard alone.

In addition, several shareholders are constantly competing and are reluctant to spend money to renovate old stores. Many Xinyijia stores still have the decoration style of the 1990s.

The proportion of self-operated properties is also pitifully low, and rents have begun to rise again. All kinds of difficulties have ultimately prevented Shinichika from escaping bankruptcy.

In fact, this has been felt by both inside and outside the industry. There have been several incidents of suppliers surrounding their stores on a large scale and chasing payments for goods.

Li Dong thought about this in his heart, but said, "The other party has long fallen from the position of a retail giant. If bankruptcy goes out, it will not have a big impact on us, but instead gives up part of the market.

In this way, didn’t we reach an agreement with some real estate developers in coastal areas last time?

Now we start preparing stores and preparing to settle in, and seize the market share left by Xinyijia.

However, in the south, there are not many companies that cooperate, and we still have to prepare some self-operated stores..."

When he said this, Chen Lang frowned slightly and said, "Mr. Li, the group really doesn't have this fund now and continues to expand.

Yuanfang Retail’s profits have been recently used to invest in the construction of boutique supermarkets and the layout of Guomei rural stores.

With these alone, Yuanfang Retail is actually unable to make ends meet.

In addition, the last time's 10 billion..."

Li Dong interrupted: "The last 10 billion was the last time, so let's talk about it later.

As for the funding issue…”

Li Dong turned around and looked around. He didn't see Cao Jinsheng from Yuanfang Finance, but he still asked: "Have the ABS financing plan on Yuanfang Finance started?"

Yuan Chengdao continued: "Preparation is underway and financing is expected to officially start in September."

"September..." Li Dong paused and nodded, "Then it's September.

At this time, the retail expansion plan could not be hidden.

At the beginning, I said that I would enter the southern market on a large scale after August.

What you lack now is actually funds.

Loans, financing, borrowing... In short, money can still be obtained.

In the south, it won’t cost much money in advance.

At least the retail group is so large that it spends all the money on a boutique supermarket and Guomei store layout?

Our profits are not low this year. Even if the profit margin is a little lower, the basis is here. Profits in the second half of the year are first pre-payment. I want to maintain the expansion of the south. "

Seeing this, Chen Lang looked at Yuan Chengdao, but Yuan Chengdao did not speak out.

This is not the first time that the distance is running at full capacity. Li Dong has settled at this time. What else can I do?

Fortunately, everyone is still confident now.

After all, when the two technology stocks go public, they will create a lot of value next. When it comes to a necessary moment, cash out and stock mortgages are all possible, but raising money is not difficult.

Seeing this, Chen Lang responded again. Li Dong thought for a while and said, "How is Qi Yunna doing in the north?"

Chen Lang hurriedly said: "It's not too smooth. Dashang and Wumei have been dragging us..."

"Forget it, let Qi Yunna try it, otherwise she will not be willing to give up."

Li Dong didn't expect results so quickly. Everything depends on luck and opportunity.

After talking about the long-distance retail, Li Dong arranged the work of other groups.

At this time, Yuan Chengdao suddenly remembered something and hurriedly said: "Mr. Li, CCTV recently communicated with us. The selection of annual economic figures in August has begun.

CCTV hopes to give you an exclusive interview as an promotional video for the next promotional video.”

The subtle meaning of this statement is too clear. Although it is still in the selection stage, since CCTV said it was recorded as a promotional video, it means that Li Dong has decided to make this year's annual economic figure.

Since 2000, CCTV will select the top ten figures of the year and ten places every year. If Li Dong can't even get one, everyone will probably find it boring and unfair.
To be continued...