My rebirth is different

Chapter 501 Too Fast and Troublesome
The recent events did catch up. Yu Wenfei was discussing the UI design of the new project music software with Lu Qi, when he received a call from Zhou Mengyi.

"Mr. Fei, why don't you take some time to come to Jiale, Mr. Hu is back."

From her tone, Yu Wenfei heard a hint of joy, and... some helplessness?
"Oh? Boss Hu's efficiency is quite high. It seems that he should have gained a lot. Okay, I just have nothing to do right now. I'll go there later." Yu Wenfei laughed.

…………

Mr. Hu Jinchang, Mr. Hu, just became a shareholder of Jiale. After completing all the procedures, he arranged the affairs of his stall and immediately set off to make connections.

What's the matter with running?
Of course, the land was acquired for Jiale.

From the end of the year to the present, in about a month, Mr. Hu first started from Shanghai, then Jiangsu Province, and then Zhejiang Province, and ran a full circle.

Don't tell me, you really specialize in art.

It's not like Knorr didn't send people to contact the place before, and wanted to build its own supermarket with some commercial land at a favorable price.

But the efficiency, needless to say, all kinds of procedures can make people feel desperate.

If it is in other underdeveloped areas, Hong Kong capital like Knorr may still have a lot of advantages, and many places are very welcome.

But this is East China, one of the most economically developed regions in the country, perhaps none of them...

All kinds of foreign capital and all kinds of compatriots from Hong Kong, Macao and Taiwan have invested too much, and local governments have also seen a lot, so it is not rare.

Moreover, the land that Jiale wants is a prime location close to the city center, which is a bit involved, and of course the difficulty is very high.

But after Hu Jinchang came forward, he didn't go through the normal business process at all. When he arrived at a place, he first found acquaintances and established relationships.

After the relationship is in place, and then displaying the Hong Kong-owned brand of Knorr, the matter will be much easier.

Jiale is a real investment, not a bluff, so someone at the top said hello, and the materials at the bottom were fully prepared, and the efficiency of work was improved immediately.

After running this month, Hu Jinchang has gained a lot!
…………

Yu Wenfei drove to Jinmao Tower.

Except for the discussion with Hu Jinchang about buying shares after the new year, he hasn't been here for another month, and Yu Wenfei can't help shaking his head and smiling bitterly, he is really incompetent as a boss.

"Boss Fei."

"It's good to fly."

The employees I met along the way greeted Yu Wenfei after seeing Yu Wenfei.

Yu Wenfei smiled and nodded, and walked straight into Zhou Mengyi's office.

Sure enough, Zhou Mengyi was sitting there talking with Hu Jinchang and Vice President Ren Zhiwen, and Hu Jinchang was grinning loudly.

"Oh, Mr. Hu is back? Seeing this expression is quite rewarding."

Yu Wenfei said with a smile.

Seeing Yu Wenfei coming in, the three got up quickly.

"Oh, Mr. Fei, Gong Xi Fa Cai! I was still in Zhejiang Province at the time, and I saw your Facebook news in the newspaper. My dear, 40 million US dollars in venture capital, with a valuation of [-] billion US dollars! Now Is it worth so much to build a website?"

Hu Jinchang clicked his tongue and said.

After Hu Jinchang saw the news of Facebook's financing at that time, his mood was very complicated.

There is shock, there is also regret, and more is incredible.

To be honest, years ago, he also thought about investing in Facebook, and prepared [-] million in cash.

It's a pity that Yu Wenfei gave Facebook a valuation of 50 billion, which frightened him back, so he turned around and invested in Jiale.

At that time, Lao Hu felt that Yu Wenfei was fooling him. Why is that broken Facebook website that has been online for only two months, worth 50 billion!
As a result, now he understands that Yu Wenfei is not fooling people at all, on the contrary, he is too kind!

Facebook is obviously worth more than 300 billion, but telling him it was only 50 billion at that time, isn't that kind enough?

Lao Hu himself thought that if he had gritted his teeth and invested 50 million yuan in Facebook, even if it was valued at [-] billion yuan as Yu Wenfei said, he would still be able to get [-]% of the shares.

By now, wouldn't it be worth more than 30 billion?
Of course, he was just thinking about it.

Ren Zhiwen next to him looked at Yu Wenfei with admiration.

It is said that Shibie will treat each other with admiration for three days, and every time he sees Yu Wenfei, he has to refresh his understanding of him.

Of course, it was also because Yu Wenfei didn't come here many times.

But Ren Zhiwen couldn't believe it, Yu Wenfei was already worth more than 200 billion yuan!

Although it's just a valuation, not cash, Ren Zhiwen also understands that none of those VCs who do venture capital are fools.

Since people dare to invest so much in Facebook and give such a high valuation, they obviously believe that Facebook will be worth more money in the future.

…………

"Let's all sit down. The Internet is different from traditional industries. There are too many ups and downs, and it can't be taken seriously. The valuation, let's just look at it, let alone tens of billions now, I can't even get a billion in cash Come out." Yu Wenfei greeted with a smile.

It's been like this recently. Anyone who meets will bring up the matter of his net worth of tens of billions. Yu Wenfei is relatively modest, and he always has to explain, which is very annoying.

After sitting down, start talking about business.

"How did President Hu gain from going out this time?" Yu Wenfei asked again.

Hu Jinchang smiled complacently, reached for a large file bag on the coffee table, and took out a large stack of official documents with many stamps from it.

"No, it's all here. It's not bad. A total of 22 pieces of land have been won, all of which meet the company's requirements."

As he spoke, he handed the pile of official documents to Yu Wenfei.

22 plots?

This number startled Yu Wenfei.

He really didn't expect that Lao Hu would be so hardworking!
It seems that the effect of rewarding [-]% of the shares for a piece of land is really good.

"Mr. Zhou, have you seen all these lands?"

Yu Wenfei was not in a hurry to read the official document in his hand, and turned to ask Zhou Mengyi.

Zhou Mengyi nodded, and said with a smile: "The company also has a process for obtaining land. Basically, the special development department first goes to the local inspection, and after selecting a suitable land, let Mr. Hu go to the government to talk. It’s a prime location, really good.”

Yu Wenfei flipped through them casually, and he didn't have any idea about the specific addresses and land numbers on the official documents.

However, Knorr Supermarket does not really have high requirements for the location.

This kind of supermarket occupies a relatively large area. Normally speaking, it is impossible to really open it in the core business district.

As long as the traffic is developed and the future development potential is relatively large, it can be opened.

The reason why it is required to take as much land as possible in the prime location is not obvious. These lands will be the company's assets in the future!
Perhaps in a few years, let’s not talk about how well Jiale’s retail business is doing. With these lands alone, the market value will be frighteningly high...

…………

"Sure enough, Mr. Hu is amazing! With you joining Jiale, the future of Jiale can be expected even more."

Yu Wenfei praised Hu Jinchang on his lips, but he admired himself a little in his heart. The new shareholder he found for Jiale is really suitable.

Without Hu Jinchang, I really don't know how long it would take to get so many pieces of land.

And whether you can get it, that's another matter.

Now that Hu Jinchang has been introduced, although he has been given some shares, it is too worthwhile.

The reason is very simple. Without Hu Jinchang's shareholding, Yu Wenfei and Zhou Mengyi would hold 100% of the shares. Perhaps it would take two or three years to increase the market value of Jiale to 100 billion.

Now with Hu Jinchang, Yu Wenfei and Zhou Mengyi only account for more than 80.00% of the shares, but after a year or two, the market value of Jiale will be worth 300 billion!

Which one is better?
Yu Wenfei chose the second option. He is a person who is willing to share. Why don't we make the cake bigger together?

"Then let's do this. Mr. Hu has done what he promised, and I will fulfill what I promised. It is better to hit the day than to choose a date. Today, the shareholders are all here. Let's hold a meeting directly and go through the process of rewarding Mr. Hu." Yu Wenfei said with a smile.

What he said was the terms written in the agreement at that time, if Hu Jinchang helped the company get a suitable piece of land, the board of directors would give him a [-]% share reward!
This part of the shares was bought from Xiangjiang Jiale, which was actually the reward given to him by Yu Wenfei.

Hu Jinchang was overjoyed, he ran for more than a month, for what?
Isn't it for the shares!

Yu Wenfei is really a happy person, he will give what he says, no wonder he can achieve such a great success.

…………

The shareholders of Jiale are actually Yu Wenfei, Zhou Mengyi, and Hu Jinchang, so if there is anything, the three of them can discuss it.

Let the company's legal department draft an equity transfer contract. After Yu Wenfei, Zhou Mengyi, and Hu Jinchang each sign it, the rest of the formalities can be handed over to the legal department.

"Mr. Fei, Mr. Hu took so much land this time. It was a great thing. But... we also encountered trouble."

Zhou Mengyi said with a troubled face.

Both Yu Wenfei and Hu Jinchang were a little surprised, and asked in unison: "What's the trouble?"

"These lands are all for building stores, this investment..."

Yu Wenfei understood immediately.

It is indeed a trouble. If you don't want to waste more than 20 pieces of land, you have to start building a store as soon as possible.

Although the construction cost of the Jiale Supermarket is not too high, and the construction period is relatively short, but the area is there, it can't be cheap.

If you build your own store, basically each store will have a construction area of ​​more than [-] yuan, with a maximum of three floors, and will not be built very high.

If more than 20 plots of land were started at the same time, the amount of funds required would be too great, and Jiale could not sustain it.

Although Knorr's cash flow has always been good, and there are many suppliers' payments in hand, it can be said that there is a lot of cash in the account.

But I don’t dare to use all the cash. If you keep the supplier’s money for a month or two, or even a quarter, it’s not a big problem.

But you can't hold it for a year.

If it really takes a year, no matter how good your home music is and how high your sales are, the suppliers will rebel.

This is not obvious, no one can bear it.

"If construction starts at the same time, how big is the funding gap?" Yu Wenfei frowned and asked.

"I made a preliminary estimate, probably around [-] million." Zhou Mengyi replied.

Five hundred million, this is another troublesome matter.

Although it has just raised [-] million US dollars, the money has its own uses and cannot be moved. Besides, Star Technology Facebook and Jiale are not the same thing, and it is impossible to embezzle funds.

Therefore, Jiale needs to find a way by itself.

In the past, Jiale didn't open stores fast enough, and I was still a little dissatisfied, so I urged them to speed up.

As a result, it's too fast now, and it's not a good thing...

The pressure on funds is too great!
(End of this chapter)