Sprinkle coins every day

Chapter 332 Germination strikes inside hard, fights Xixi's birth story!
Tuesday, July 7.

On the second day after returning to Binhai City, Zhang Shuo presided over the monthly strategic meeting.

The theme of the regular meeting is not very friendly.

Last month, in view of the large number of problems exposed inside Zhanxun and RDA, Zhang Shuo took the opportunity to make a fuss and asked Jiang Yue to take the lead in conducting a top-down inspection of the Germination Department and cleaning the house.

A month later, the inspection finally came to fruition.

To this end, Jiang Yue made a special report at the regular strategy meeting.

"After a month of supervision, a total of 157 cases of various financial problems such as kickbacks, opaque purchase prices, fraudulent accounts, privately set up small treasury, private use of public vehicles, interests with external cooperative companies, and false research and development funds were found. There are as many as 572 employees, causing direct or indirect economic losses to the group of 1.28 million."

"Which company is the hardest hit?"

Zhang Shuo had no expression on his face. He really didn't know if he didn't check, but he was shocked when he checked.

The bosses of the subsidiaries who were sitting also subconsciously straightened their bodies, their eyes wandering, because this inspection was led by the group headquarters, and they were not very clear about the details.

Especially in the case of sibling subsidiaries.

"The headquarters of the group, including all subsidiaries, are involved. The most problematic ones are Qingcheng Group and Maili Group. The former is mainly in the procurement process, and the latter is mainly in the research and development expenditure process."

This is not surprising.

Among the various subsidiaries, the Green Orange Group has the largest number of employees, the most complex business, and the most people, money, and things it handles, so it has become the hardest hit area.

Especially in the first half of the year, with the successive mergers of Meituan and Tongcheng, the internal factions became even more intricate.

As for the Maili Group, with a monthly R&D budget of up to 8 million, how many eyes are staring at it, and dozens of laboratories have been set up around the world, so it is inevitable that there will be mistakes in management.

The other subsidiaries are actually not much better.

For example, Germination Investment found out an investment company set up by the wife of an investment director, and invested in the projects that Germination Investment was interested in, in a disguised form to poach the success of Germination Investment.

The problems of Jade Bird Interactive Entertainment are mainly due to the game studios all over the country. The financial accounts of the studios are not transparent, and problems such as private small treasuries are common.

Qingyun Data and Qinghe Technology also have similar problems.

All in all, as the budding scale expands like a blown balloon, the scale of employees has increased dramatically, branches have spread all over the country, the organizational structure has become more complex, and more and more internal problems have arisen.

I started to suffer from big company disease a little bit.

Thanks to Zhang Shuo's vigilance in time, if this situation is allowed to spread, God knows how many moths and vampires will appear inside Germinal, eroding the foundation of Germinal's existence.

This is by no means sweet words!

"Have you heard all?"

Zhang Shuo's eyes swept over the faces of the bosses one by one. Although they were still so gentle, the bosses subconsciously avoided Zhang Shuo's gaze.

Guilt ah!
"After coming down, everyone has to write a deep and comprehensive review. The most important thing is to come up with effective solutions to the problems that have been exposed and plug the loopholes in the system."

It was rare for Zhang Shuo to show no mercy.

It is not scary to have a problem, but to solve it. I am afraid that the problem will not be discovered.

"How to deal with the employees who have already found out the problem?"

Zhang Shuo asked again.

"According to the severity of the circumstances, if the circumstances are relatively minor, we will focus on persuasive conversations, and at the same time, we will give different degrees of consideration in terms of performance appraisal, rank evaluation, and year-end bonus. If the circumstances are serious, we will be directly dismissed."

Jiang Yue is also stern and selfless.

"Now there is a question, for those who have serious circumstances and have violated the law at the same time, do they need to be transferred to the judiciary for handling?"

"of course yes!"

Zhang Shuo is tougher than Jiang Yue.

"In this case, it may have a negative impact on the company's image, and it may be used by competitors to make a fuss." Jiang Yue expressed her concern.

"Which is more important, the temporary impact or the long-term image of the company?" Zhang Shuo asked with a smile.

"I understand!"

Jiang Yue is not stupid, she knows everything.

"That's right. As the company develops and grows, it is normal for internal problems to arise and a few white-eyed wolves to be raised. There is no need to keep taboo about diseases. They are all adults. They have done wrong things and violated the law. Law, then you have to be responsible for your own actions and pay the bill. It can also be used as an example to serve as a deterrent."

In this matter, Zhang Shuo is very tough.

"In addition to dealing with those who made mistakes, the supervisors of those who made mistakes should also initiate an accountability mechanism in a timely manner, and give consideration to performance appraisals and year-end awards."

This is to pursue joint and several liability.

"For those who have been dismissed because of mistakes, not only should they be included in the budding blacklist, but they should also be notified to the industry so that they can't get along in this industry."

"it is good!"

Jiang Yue and the others also sweated quietly. It is rare to see such a cruel hand from a big boss.

It can be seen that he was really angry.

"Moreover, such inspections should form a normalized mechanism, preferably once every six months, or take the form of itinerant inspections, so that everyone must tighten a string and not reach out for what should not be taken."

However, Zhang Shuo still had more ideas, and continued to make use of the excuse of this supervision.

"I suggest that an inspection department be established at the group level, as the group's normalized supervision agency, to send inspection teams to each subsidiary to form a normalized supervision mechanism."

This is for real.

It's not that Zhang Shuo made a fuss over a molehill, or he didn't show mercy, it's that Germinal has grown to such a scale, if he can't step on the brakes in time and do a good job of internal supervision, there will be big troubles in the future.

Prevent micro-duration!
"President Jiang has done a good job this time, and the Supervision Department will be placed under your supervision."

Zhang Shuo said it was a suggestion, but in fact he kept his promise. He directly handed over the task of preparing the inspection department to Jiang Yue, the executive vice president in charge of the group's administrative affairs.

"it is good!"

Jiang Yue took over the appointment, but it was also under great pressure. This was a job that could easily offend people.

Just like this investigation, the people who were found to have problems will not be mentioned. Even if no problems are found, it is inevitable that the rabbit will die and the fox will be sad. The previous favor for Jiang Yue may have been exhausted.

Some people even call her Jiang Menshen in private.

As the saying goes: "Pigou decides the head."

On the matter of internal inspection, the views and opinions of the ordinary employees of the Germination Department and the group executives, and even the senior executives and the big boss Zhang Shuo, have different positions.

But since Jiang Yue is in the position she is today, has been promoted and treated favorably by Zhang Shuo, and at the same time has a high annual salary, there is no reason to back down, she can only enforce the law impartially.

A little notoriety, you can bear it if you bear it.

As long as Jiang Yue still wins the trust of Zhang Shuo, the big boss, then she can rest easy.

in contrast.

If it is for the sake of a little reputation below, but in Zhang Shuo's case, he will obey the law and violate the law.

That would undoubtedly be suicidal.

"In addition to supervising employees, executives, including me, must also tighten their strings at all times."

Zhang Shuo's persuasive talk continued.

"Don't engage in high consumption just because the company has made some achievements. You must fly first class when you fly, and you must stay in a five-star hotel when you stay in a hotel. In a word, Germination does not have this rule."

Zhang Shuo said so, and he did the same.

When traveling on business, the first class is certainly acceptable, but sometimes you can take the economy class, or even the bullet train, to catch a flight.

For him, there is no essential difference.

Staying in a hotel is also based on convenience. I always choose to stay near my workplace, and I never live in a presidential suite. Is it expensive to burn?

It's not that Germination's current financial resources can't support the high travel expenses of executives, but once they deliberately pursue these, emphasize these, and enjoy these, their ideological realm will become corrupted.

How can such a management team have cohesion and combat effectiveness?

Don't forget the original intention, only then will you always have it!

"In addition to restricting high consumption, we must also be vigilant against related accounts. After the establishment of the Supervision Department, the first thing to do is to check carefully to see if any related accounts have been stuffed into the company."

Zhang Shuo can be regarded as earnest.

"Whether it is a senior executive, a middle-level, or even a low-level manager, they cannot violate the company's employment principles and recruit related households into the company. If this kind of thing is found, it must be investigated and dealt with. There must be zero tolerance."

"it is good!"

Facing the exhortation from the big boss, Jiang Yue and the others were not disgusted.

The reason is that Zhang Shuo, as the big boss, has always set an example. Since the establishment of the Germination Department, he has never heard of any relatives of the Zhang family entering the company.

Even if they are classmates, they are all recruited in a serious manner.

"Finally, I will add one more point."

Zhang Shuo, however, was still unsatisfied, "The outside world says that Sprout is an Internet company, so in the matter of supervision, can we also make use of the advantages of the Internet and make some innovations? For example, develop an anonymous reporting platform for employees and mobilize the power of employees To supervise the entire process of management.”

"It's not difficult."

Even if Jiang Yue doesn't understand technology, she has great confidence in the Group's technology center.

"That's it, the meeting is over!"

It was a good strategic regular meeting, but Zhang Shuo turned it into a supervisory meeting. It was foreseeable that after the meeting, the small supervisory storm inside Germination would not stop there.

.........

After the regular strategic meeting, the time quietly came to August. On the morning of August 8, Zhang Shuo had a stack of grant applications on his desk that needed his signature and approval, mainly including——

Appropriate 12 billion operating funds to Maili Group, of which 8 million are special funds for research and development;

Allocate 5 billion research and development funds to the Fertile Research Institute;
Allocate 3 million R&D funds to Mango Auto;
Appropriate 5 million R&D funds to Inaosemi;
Allocate 10 billion investment funds to the Particle Fund under Germination Investment;
Appropriate 6 million operating funds to Mengya Real Estate, of which 5 million is construction funds.

All of them add up to a special allocation of 41 billion. Although it has been reduced from last month, the allocation of more than 4 billion in a single month is still a considerable burden for Germination.

The capital chain is still dancing on the wire rope.

--slightly--

[Level]: Level 10 (610 million/5000 million)
[Cash]: 82.2 billion

[Loans]: 25 billion (bank loans) + 10 billion (corporate bonds) + 84 billion (overseas loans)

--slightly--

In the past July, Sprout added 25 billion in bank loans, 20 billion in overseas loans, and directly profited 9 million from the equity transfer of Automobile.com.

In terms of profit, it is mainly the 16.8 billion profit paid by Jade Bird Interactive Entertainment, and the overseas agency fees of the two mobile games "Hearthstone" + "The Strongest Snail", totaling 8.5 million.

In the past month, the budding cash flow has bucked the trend and increased by 38.3 billion.

The performance can be described as very bright.

The liquidity of more than 80 billion also undoubtedly gave Zhang Shuo the confidence to continue to flex his muscles.

Entering August, the production of Maili X1 has been officially put on the agenda. In addition to preparing enough core components such as chips, it is also necessary to pay advance payments to upstream and downstream suppliers.

Therefore, in addition to the 4 million research and development funds allocated to Maili Group in August, there are also [-] million operating funds.

More money is expected to be allocated next month.

It can also be seen from this that how much money has been invested before and after the germination to launch a wheat grain X1?Added together, there are three 40 billion to say the least.

If it wasn't for Zhang Shuo's opening and hanging up first, it would be a bit desperate.

In addition to Maili Group, which is a big money-absorbing investor, the capital pool of Germination Investment has also bottomed out, and it is necessary to set up a new investment fund to continue investing in the fields of smartphones, semiconductors, and electric vehicles.

If you don't do this, you can't build a moat.

.........

The next day, Zhang Shuo called Lu Kai, Zhao Mingchuan, senior brother Wang Yan and Wu Sheyuan to a meeting.

discussed.

But it is a question of Pinxixi's test operation.

After more than half a year of intensive development in the technology center, the internal test version of Pinxixi was finally produced. It is still the old rule, and it is going to be handed over to the operation center for internal testing.

When the internal test is over, Du Qingqing should come back from advanced studies, just in time to take over.

The problem now is that Pinxixi is different from Panda Live, Tiantian Toutiao, and Frog Browser, which were previously incubated by the technology center. It not only emphasizes the interaction with users, but also the interaction between users and merchants.

In other words.

If you want to put Pinxixi online for testing, you must first find a group of merchants to settle in.

If it's just a matter of quantity, it's not too difficult. From Mobao and Jingdong, a group of big merchants can be attracted to open brand flagship stores in Pinxixi.

After all, with the endorsement of Bud's reputation in the industry, many big brands are still willing to give Pinxixi a try. Anyway, there is nothing to lose if it fails, and if it succeeds, wouldn't it be a surprise?
In addition to the budding endorsement, Pinxixi has many inherent advantages since its birth, such as being able to log in directly with Weixin account, use Weixin to pay, and so on.

You can even directly obtain a secondary entrance of Weixin.

It can be said that Pinxixi has already taken care of the most difficult aspects of e-commerce.

Truly the chosen one.

The problem is that from the very beginning, Pinxixi’s positioning was not an ordinary e-commerce company, nor a vertical e-commerce company like Jumei Youpin, but a brand new comprehensive e-commerce company.

where is new
First, pay more attention to social attributes and intelligent recommendations.

The most notable feature is that Pinxixi only has a mobile app version, and there is no PC version at all. Users who want to shop on Pinxixi can only place orders through their mobile phones.

The intelligent recommendation and the main social attribute are the core tactics of Mobao in the mobile transformation, and Mobao itself has not yet completed this step of transformation.

Pinxixi being able to go online at this time is undoubtedly an opportunity to win.

Second, the core target users of Pinxixi are not white-collar workers in first- and second-tier cities, but young people in third-, fourth-, and fifth-tier cities, also known as small-town youths.

This group has been largely neglected before.

For example, after the launch of Mobao, Ari launched the main genuine and high-end cat, but the support for Mobao’s previous counterfeit products has been greatly weakened.

Then it gave Pin Xixi a chance to rise.

Young people in small towns are able to accept new things, follow the wave of mobile Internet, and use smart phones proficiently, but they do not have too strong economic strength. They are more sensitive to commodity prices than commodity quality.

at the same time.

Compared with migrant workers in first- and second-tier cities, young people in small towns have more spare time and are more willing to spend more time in exchange for preferential prices.

Based on this, Pinxixi is doomed to miss those first-tier big brands in terms of merchant selection.

At least initially.

Those who are suitable to open a store in Pinxixi should be vendors similar to those in the Yiwu Small Commodity Market. The prices are affordable, the profits are low, and the quality of the products is acceptable.

Or all kinds of weird commodities that appear at temple fairs in small county towns.

Then there are cottage products.

I also want to know that these merchants either don’t know how to open online stores, or they are too scattered and too small, and they need the operation team to connect one by one.

Only when the preliminary preparations are done well can Pinxixi be officially launched and operated.

Fortunately, in the past six months, the operation center chaired by Zhao Mingchuan has not been waiting all the time. While doing product research and development in the technology center, an internal push team has been formed.

Together with the group's regional companies, a group of initial merchants have been gathered.

Some merchants are already testing online during the development process of Pinxixi APP, and some are still waiting, and now they can also be connected to Pinxixi one after another.

In addition to merchant issues, there is another hurdle in Pinxixi's online test, and that is express delivery.

This sprout has no advantage at all.

"Mr. Zhang, is Pinxixi's express delivery model based on Jingdong's self-operated model, or Ahri's strategic cooperation model?" Lu Kai asked.

Originally, it was Lu Qi who was involved in Internet affairs.

However, Lu Qi will continue to sit in Shanghai. Meetings and discussions online are not as convenient as face-to-face meetings. In the end, Lu Kai, the rotating president, will do it for him.

"Cooperation in the early stage, and self-operated in the middle and late stages."

The biggest difference between Zhang Shuo's positioning of Pinxixi and the original time and space is that Pinxixi is not used to cut leeks for young people in small towns, but to serve low- and middle-income groups.

Exactly.

It is to build a mutually beneficial e-commerce platform between small business hawkers, family workshops, rural cooperatives, small and micro enterprises, young people in small towns, and rural left-behind population.

One has supply and one has demand.

Because of the rise of e-commerce, the former actually eliminated many people, and even lost their livelihood to support their families. There are not many self-employed individuals who have closed their doors in third-, fourth-, and fifth-tier cities.

This is actually very different from the uncle's claim that Ahri has created jobs for so many people.

As for some small workshops and small and micro enterprises, many of the products produced are artificially labeled as "shanzhai, defective products", which is very difficult to use.

Standing in Zhang Shuo's position, he opposes piracy, but does not reject counterfeit products.

Who doesn't copycat?
The so-called developed countries such as the beautiful country and Japan, digging up their family history, is almost a copycat history, thinking that they can stand on the moral high ground and criticize others after they have been washed clean?

There is no reason for this.

The status quo of China's development has determined that more than [-]% of the population has an average monthly income of less than [-], and they do not have the economic strength to pay for the additional brand premium.

Who doesn't love big brands?
Isn't this not allowed by strength, that thing has to be done step by step.

Again.

Are big brands necessarily good?
Because the brand premium is serious, let alone those luxury goods, so-called high-end brands such as Pingguo have a profit margin of up to 50%, which is a bit crazy to be true.

On the contrary, many small commodities in Yitung Small Commodity Market seem to be unknown, but they are actually durable, and the key is that they are affordable, which is rare for ordinary people.

otherwise.

The original time and space fight Xixi can't do it.

It’s just that Pinxixi is driven by capital in the end. Once it becomes bigger, it will inevitably forget its original intention, and the food will become more and more ugly. Not to mention, it will be merciless when it comes to cutting leeks.

This is something that sprouts need to avoid.

"If self-operated, do you consider buying one or two express companies?" Lu Kai is also rich and powerful.

"Of course."

Mentioning this gave Zhang Shuo a headache.

Among the express delivery companies that can be ranked in Huaxia, except Shunfeng, which is the only one, Durban mainly focuses on large-scale express delivery, Postal Service is a semi-legendary, and Jingdong Express only serves Jingdong's family.

As for Sitong Yida, they are basically Ahri's strategic partners.

In the end, there is only one pole left, and the current development is not very good. Under the crazy blessing of capital, the original space-time is crazy to seize the market with ultra-low subsidies.

Jitu's way of cutting leeks is too obvious, and he is not following the right path.

There are not many opportunities left for Germination.

"The Investment and Acquisition Department will first conduct a thorough search to see which courier company can be acquired. Well, focus on Baishi." For the courier company, Zhang Shuo has done some homework.

Among all connections and one reach, Baishi is considered an outlier.

Baishi was established in 2001. In November 2010, it successfully acquired "Huitong Express", and then changed its name to "Baishi Huitong", and then it really started to exert its strength on the express delivery track.

It's a pity that the midway operation was not good. In October 2021, Baishi sold the domestic express delivery business to Jitu for a price of 10 billion, which was considered a miserable one.

It is also because of this.

Baishicai was listed as one of the priority acquisition targets by Zhang Shuo.

"Ok."

Lu Kai admired the big boss's foresight.

"In addition to acquiring express companies, we also need to get in touch with Shunfeng, not only for Pinxixi, but also for the delivery of Maili X1. It is best to reach a strategic cooperation with Shunfeng." Zhang Shuo said.

In terms of service quality and standard, Shunfeng is still the most trustworthy.

Although it is a bit expensive.

"If possible, it's best to participate in Shunfeng's financing or strategic investment." With money in hand, Zhang Shuo couldn't hold back his desire to buy, buy, buy.

Investing in Taifeng now will undoubtedly be a very cost-effective deal.

It depends on whether Shunfeng is willing or not!
(End of this chapter)