"In Bincheng, we plan to open up to 60 companies, but in fact, the 57 companies are relatively saturated now." An Xiaohui continued.

"After Bincheng stabilized, our next plan is Weicheng and Qingcheng. In addition, I will distribute some personnel to expand from Bocheng, Jicheng, Bincheng and Weicheng. I expect we will consume a huge amount of funds in the short term. The 3 billion mortgage loan from Haina Asia was mainly used in this regard."

Shang Fuhai did not object, and he asked, "Lao An, are you sure this time?"

"Boss, I am very sure that our Baofei Convenience Store currently has sufficient funds and talent reserves, and has a more complete logistics and online docking platform. I believe that we can calmly complete our layout in Jidong Province in the next one to two years." An Xiaohui said.

"When that time, we will be truly fearless."

"Smacking sex"

Shang Fuhai applauded him, and then everyone else began to applaud.

"Mr. An, you said it well and have a good plan. You can build the big rear steadily and make progress. You can develop when it is time to develop and run parallel to each other. This will never change." Shang Fuhai said.

After commenting, Shang Fuhai continued: "In addition, you mentioned something just now, it is also very important. The development of Baofei convenience store must be combined with the construction of Yigou.com and logistics. I will give you a word."

An Xiaohui spread his ears and listened carefully. The tip of his nose in his hand had fallen on the paper. He would record it just when Shang Fuhai said it.

"Chain development, logistics comes first." Shang Fuhai said 8 words.

Who is this logistics is self-evident, it is Baoshun Logistics Co., Ltd.

An Xiaohui also knew that even everyone present knew this and agreed that he did not say anything else.

Shang Fuhai paused for a moment and continued: "In order to further reduce costs, Baoshun Logistics will be equipped with room temperature warehousing and fresh food warehousing centers in the next step. Baoshun Logistics Co., Ltd.'s main purpose in the future is to fully cooperate with the development of Baofei Convenience Store and Yigou.com."

After hearing this, An Xiaohui let out a sigh of relief. Fortunately, he was afraid that the boss would say the other way around, but fortunately this did not happen.

"Mr. An, please tell me in detail about the multi-business parallel model you mentioned just now." Shang Fuhai specifically mentioned it.

An Xiaohui nodded and said directly: "Boss, although our Baofei convenience store has now become a community convenience store integrating fast-moving consumer goods, daily consumer goods, fresh food and one, it still has its own shortcomings. We lack a comprehensive super hypermarket."

Speaking of this, An Xiaohui once again mentioned Bocheng and Jicheng: "For example, Bocheng and Jicheng, can we consider building a hypermarket or a comprehensive department store based on the current convenience store? Yes, no matter how easy it is to sell various trendy electronic products and home appliances, we have no corresponding comprehensive physical stores. In fact, a considerable number of customers are more physical stores to some extent. I have a premonition that in the future, our retail channels will inevitably be large supermarkets or comprehensive department stores, which is a necessity of development!"

Shang Fuhai thought about it for a while, and he looked back at Chen Jingshu: "Manager Chen, please record this matter."

Then he looked at An Xiaohui and said, "Mr. An, regarding the multi-business development model you mentioned, please give me a development plan as soon as possible, and you must be careful."

"No problem." An Xiaohui nodded and agreed.

"But there is one thing I have to explain to the boss in advance that if we adopt the parallel development model of multiple business formats, the amount of funds we may need will be larger, much larger than what we need now." An Xiaohui mentioned it.

Shang Fuhai naturally understood this, he nodded and said nothing else.

After finishing the matter at Baofei Convenience Store, Shang Fuhai looked at Ma Yilin again.

Ma Yilin has been in the capital recently in charge of the new store opening there. For this matter, she even let go of the Qingcheng store.

"Mr. Ma, let's introduce the situation of Baofei Catering." Shang Fuhai said.

"Okay, boss, Baofei Catering currently has five branches: Bocheng Yintai Store, Jicheng Yintai Store, Hangzhou Yintai Store, Qingcheng Store and Jingcheng Yintai Store. Among them, the properties of Qingcheng Store belong to our own shopping properties, and the other companies are the earliest cooperation models negotiated with Yintai Group."

"I have been in charge of Yintai Store in Beijing now. To be a little discouraged, there are too many troubles in Beijing. If it weren't for Mr. Li who had been helping me to support me, I would probably really be unable to handle that." Ma Yilin said.

Hearing the word "Mr. Li", Shang Fuhai frowned: "Mr. Ma, do you know that Uncle Li has some physical problems recently? Uncle Li may retire early at any time."

Ma Yilin's face changed immediately: "Boss, can you be sure? If Mr. Li retires at this time, our Jingcheng Yintai store may be even more difficult."

Shang Fuhai shook his head: "Mr. Ma, you are wrong if you think so. Regardless of whether Uncle Li will retire or not, remember that Baofei Catering is developed based on itself, not on Intime Mall. If one day Intime thinks that it is impossible to lack them, Mr. Ma, be prepared and repurchase shares."

"Well, I have a plan for this. In addition, I am now discussing with Wanda and Vientiane Hui and the next development plan. If nothing unexpected happens, the next branch will be created between Wanda and Vientiane Hui."

"Well! If you think about this yourself, I won't care. If there is any problem that cannot be solved, you can find me at any time." Shang Fuhai said.

“Is the funding enough?”

Ma Yilin nodded: "There is no problem with Baofei's buffet catering in terms of funds."

She said so, and Shang Fuhai didn't say much. The financial statements in the middle of the year have not yet been released. However, with the profitability of Baofei's buffet catering, the profit figure is also very considerable.

"Mr. Song, Yigo.com and Baofei Convenience Store are always coordinated online and offline. Let's introduce the situation of Yigo.com."

After Ma Yilin finished speaking, Shang Fuhai looked at Song Yutong.

Song Yutong has also had a slander: "Boss, so far, Jingcheng YiBay Network Technology Co., Ltd. has set up a branch in Jidong Province. Huang Guanghui is responsible for the company-related affairs. Our YiGou.com has now taken root in Bocheng, Jicheng and Bincheng. In the next step, if Baoshun Logistics can achieve rapid delivery across the province, we consider completing the channel construction across the province in advance of Baofei convenience store."

"Your idea is good. Looking back, you will discuss this with Mr. Xu of Baoshun Logistics, but remember one thing is that we need to develop, but not blindly develop." Shang Fuhai focused on this.

He is not afraid of the company's rapid development, but is afraid that he will think of running before he can stand firm. People's hearts cannot see clearly through a belly.

Song Yutong continued: "Boss, if you consider the channel construction across Jidong Province, Yigou.com may have some problems with its current funds. Will Yigou.com consider external financing in the next step?"

"Eigo.com has no money either?" Shang Fuhai asked subconsciously.

Song Yutong's face then changed. Boss, you have the nerve to say, when did Yigou have enough funds?

Jingcheng Parker Technology Co., Ltd. has raised one round of financing, but Yifu has also raised one round of financing. You have also secretly sold part of the shares yourself. Forget the money you sell the shares yourself, I don’t plan to ask you for it, but where does Yifu have raised the money?

This must be returned.

Shang Fuhai was also ashamed. He used Yipai's financing funds to pay back the mortgage loan he had made from CICC. Now he still owes less than US$50 million in debt to CICC. He can be replaced at any time, but where does the development funds from Yigo.com come from?

Shang Fuhai scratched his head: "Manager Chen, please remember this matter and let's take a look at it again afterwards."

All of this money is with Haifei Capital, but Shang Fuhai has clearly stated that Haifei Capital is not included in Baofei Group Company, so the money allocated from Yifu financing will have to be exchanged for. At least, Song Yutong is currently in charge of Yifu in name.

When Song Yutong heard what Shang Fuhai said, he breathed a sigh of relief. As long as you know it.

After probably knowing the situation of Yigou.com, Shang Fuhai did not ask further.

His eyes skipped over Song Yutong and finally fell on Liang Rubo: "Mr. Liang, what is the current situation of shooting short videos?"

"Boss, the domestic version of Paike Short Video has developed very well. We currently have over 400 million download users, and the number of daily active users and monthly active users has exceeded 100 million."

"In addition, the development of the overseas version of Paike short video has not improved much. Today's Toutiao's Director Zhang is considering continuing to attract traffic to Paike's overseas version. In addition, Director Zhang has an acquisition plan, which is currently under construction. He said that he would take time to talk to the boss alone." Liang Rubo said.

Shang Fuhai nodded, thinking.

"In terms of advertising revenue of Paike Short Video, our Paike Short Video has benefited from a good user base and user activity. As of July, the total advertising revenue exceeded RMB 2.7 billion, which is higher than the current Meituan, Xiaomi and 58.com. It is slightly lower than the advertising revenue of iQiyi and Weibo, and far less than the 4 billion advertising revenue of Toutiao."

"I'm missing more than 1 billion!" Shang Fuhai groped his chin, and today's headlines were really amazing.

He was completely standing on the shoulders of Toutiao and Douyin short videos and built the short videos of Shooke. But even so, he used all kinds of tricks frequently, but in the end he still hadn't done Toutiao. Perhaps as time goes by, the data of Toutiao will be even more amazing. So what should I do if I shoot short videos of Shooke?
Chapter completed!