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Chapter 881: Breaking Double Ten Billion Revenues

As a middle-aged and elderly man, Zhang Zhaojun is engaged in third-party industry services. There are few things that can mobilize his emotions so quickly, but he has to admit that in just a few minutes, his calm heart has moved, and it is not because of the treatment.

Looking at Shang Fuhai who was passionate about his speech on stage, Zhang Zhaojun admitted from his heart that if he did pyramid schemes, he should be a master.

"I remember at last year's annual meeting, I once gave you a work report on the annual sales revenue of all subsidiaries of Baofei Group. Does anyone remember how much our revenue last year?" Shang Fuhai pointed the microphone in the audience.

Immediately, a small group of people from the audience cooperated and shouted in a rhythm: "3 billion!"

Shang Fuhai smiled slightly. Regardless of whether this was arranged in advance or not, he was very happy: "Yes, our group's total revenue last year was 3 billion, but I want to say that we did more beautifully this year."

"First, I believe many people already know that our Yigou.com has not officially launched in 2015, but its single-day revenue on Double Eleven in 2016 has exceeded 7.8 billion yuan. As a newly launched electric commodity station, it ranked second only to Taobao and JD in the 2016 Double Eleven transaction volume ranking, and won the third place in one fell swoop. Everyone, let us cheer for it!"

This time, there were real results, and there was also the third-ranked transaction ranking after Taobao and JD.com. The applause was even louder, making people's ears buzzing.

"I want to say one thing in the end. Yigo.com's annual transaction volume exceeded 10 billion in 2016, and it has submitted a perfect answer to the group."

"Next, please invite Song Yutong, general manager of our Jingcheng eBay Network Technology Co., Ltd. to thank her for her contribution to Baofei Group!"

Song Yutong stood up excitedly. The huge transaction volume that appeared on Double Eleven was a complete accident caused by the right time, place and people. However, she had been thinking that on Double Eleven in 2017, she would turn this "accident" into an undisputed achievement.

After pausing for a moment, after Song Yutong sat down, Shang Fuhai raised his right hand high and stretched out his two fingers.

"Second, I have a lot to say about Baofei Convenience Store."

An Xiaohui from the audience was a little excited when he heard him say this, and listened to the boss on the stage saying something.

Shang Fuhai did not disappoint him, and continued: "In the entire 2015 years, Baofei convenience stores opened 95 stores, achieving a total marketing volume of 100 million yuan, including home appliances and electronic products throughout the year. At that time, I gave An Xiaohui, the general manager of our Baofei Group, a task. I told him that in 2016, I would do my best to open more than 200 stores, and the total marketing volume for the whole year doubled."

"So, is it done?" Shang Fuhai looked around the audience. In his curious eyes, he said: "I want to tell you that as of December, the Baofei Convenience Store under our group had entered operation, and now there are 476 stores. We launched a new round of current cooperation with five prefecture-level cities in Jidong Province in December last year. If this round of cooperation is reached, I believe we will have at least 150 more current stores, which means we will have more than 600 current convenience stores. In this regard, our Mr. An completed the task I assigned him well!"

"Next, please let Mr. An personally tell you how much revenue the Baofei convenience store he led has completed in 2016!" Shang Fuhai pointed his right hand towards An Xiaohui's position. With his gesture, most people at the scene chased after him.

An Xiaohui didn't expect his boss to play like this. He felt that he had seen many big scenes in his daily life. Even though he had never been afraid of greeting government officials, he was still a little nervous tonight.

"I'm very ashamed..." An Xiaohui's first sentence stunned most of the people who followed him at the scene. What's going on?

Failed to achieve the performance goals set last year?

No wonder Shang Fuhai on the stage didn’t say it himself just now. I’m afraid he’s afraid that he’s embarrassed to say it!

Some people really have such malicious thoughts in their minds.

"I am very ashamed. In such a good environment last year, with the group supporting me and the group's huge cash flow of 3 billion yuan that I have devoted my efforts to loan, I have only completed the development of more than half of Jidong Province. Our overall revenue last year is 100 million yuan..."

Suddenly I heard him say this, the annual revenue of RMB 10.2 billion is 4 times higher than the previous year's less than 2.5 billion, okay! Then you just felt ashamed and you still learned to play and breathe heavily.

Immediately afterwards, they knew why An Xiaohui said this.

"Our total revenue last year was RMB 100 million, but for various reasons, including the rental, decoration and other expenses of many new stores, in fact, our net profit last year was only 9.3%, and our total net income for the whole year was RMB 956 million, while we borrowed 3 billion last year and were unable to make ends meet!"

At this moment, everyone understood and thought it was true. They didn’t make any money and even lost money.

But only the insiders understand that the account is not calculated like this at all. They think that the net profit An Xiaohui just reported is probably much lower, and the actual one should be higher.

In addition, compared with the annual revenue of over 10 billion yuan, there are not many loans of 3 billion yuan, especially when the money borrowed has been transferred subtly into a hematopoietic machine. Whoever believes his words will be stupid!

After silence, another round of applause rang out.

Zhang Zhaojun, who was sitting in the audience, suddenly heard the data exposed by An Xiaohui, and he thought about a lot of things.

He had a premonition that Shang Fuhai would eventually arrange him to Baofei Convenience Store. It is hard to say what specific work he did, but judging from the achievements made by Baofei Convenience Store, he will be under great pressure to start.

At this time, no one went to the regular meeting and Zhang Zhaojun was thinking. After An Xiaohui sat down, Shang Fuhai said with a smile on the platform: "Did you see it? Our Mr. An is too modest. I didn't blame him. He blamed himself first."
Chapter completed!
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