Reborn since 2005
Chapter 804 Another Year
Ai Lili gave birth to a daughter, but there was no big celebration. She just set up two tables of wine at home when the baby was one month old and invited some close friends to have a meal.
Having a daughter out of wedlock is not an honorable thing and it is not good to make it known to everyone.
Feng Xi also came for the full moon banquet and stayed in Yangcheng with Ai Lili for a few days.
Yan Xin would spend time with Ai Lili whenever he had time, but at the end of the year, he had too many things to do and had too little time to spend with Ai Lili.
It is already 2015 and the report card for 2014 is out.
Feng'an Group's sales this year have increased significantly compared to last year.
Whether it is real estate sales or sales of interior decoration and decoration materials, there has been a significant increase.
In the Internet sector, the revenue from house rental and advertising has reached tens of billions.
The company's net profit this year was quite considerable, and the money distributed as dividends to shareholders reached 3 billion yuan.
More profits, of course, will be used for further development.
However, it is now 2015, and in Yan Xin's memory, the real estate industry will cool down in a few years.
Therefore, when formulating future development plans, we are no longer as crazy as we were in the past, but have become more conservative.
Although the market still has a few years to go, we should start planning now.
Regarding the planning for the new year, Yan Xin’s requirement is to acquire less land but better land.
The focus in the future will not be on acquiring land, but on how to develop the planned projects.
The group currently has dozens of projects under construction.
There are even more projects that have acquired the land but have not yet had time to develop it.
The previous layout was in first-tier cities and economically developed regions.
The rapid expansion in the past two or three years has allowed their business to enter some third- and fourth-tier cities.
To complete all the projects on hand, the funds needed are an astronomical figure. It is not calculated in billions, but in tens of billions or even hundreds of billions.
They're not the most outrageous.
What’s even more exaggerated is that there are a few peers who have almost covered most counties with their business.
The investment is quite aggressive.
Among them is the future richest man in the country.
Of course, the results weren’t so good.
Yan Xin entered the real estate industry in order to take advantage of the market to make some money, not to lose himself.
It will take three or four years to develop all the land acquired by the company.
It will also take some time to sell all the developed properties.
Perhaps before all these things are completed, the cold winter of real estate will come.
If they continue to expand aggressively now, when the real estate winter comes, they will still have a lot of land and a large number of unfinished buildings, and they will not know how they will die.
Make preparations early. When the cold winter comes, even if you don’t sell all your properties, it won’t hurt your foundation. Overall, you will still make a lot of money.
Of course, we cannot say that we will not acquire any land at all. We can still acquire good land if it is available. We still have a few years, so if we hurry up, it is not impossible to develop it.
It doesn't mean that you should completely leave this industry when you know that a cold winter is coming.
It's just a matter of shrinking the front line.
Not all shareholders support Yan Xin's decision. Those who have made a lot of money in this wave of market feel that the development strategy proposed by Yan Xin is too conservative after seeing the more aggressive expansion plans of several peer companies. They hope to develop in a more proactive manner as before.
Some senior executives are opposed to this - their income is highly tied to performance, and only a more proactive development attitude can lead to better performance, so they do not want this momentum to stop.
Those executives are not shareholders. Whether the company will lose money in the future is not so relevant to them. The most important thing is to perform well and get more benefits for themselves.
Some companies are held hostage in this way, and can only expand madly to meet the expectations of so many people from top to bottom.
But Yan Xin knew what the future would be like, and no matter how much those people opposed, it was impossible for them to change his mind.
——Others don’t have such deep interests tied to them, so it doesn’t matter if the ship sinks, they can just jump off the ship and run away. As a major shareholder and the owner of this ship, he can’t bear to see the ship sink.
Although there was a lot of opposition, he had the support of several major shareholders and had greater say, so it was finally decided.
Because of this, some people in the group resigned - they felt that the company was too conservative and there was no more room for advancement, so they might as well go to other companies.
The real estate industry is so hot right now that many companies are frantically poaching employees. Executives who have made achievements will never have trouble finding a place to go.
Yan Xin doesn't care about this.
Anyway, the decision has been made to cut back on investment. I used to worry that there wouldn't be so much to do and it would be too much of a burden to support so many employees. Now that some people are taking the initiative to leave, it's not a bad thing.
Of course, those who need to be comforted should be comforted, and those who need to be retained should be retained.
It doesn't matter if some people leave, but some people must stay - because there are still many projects under construction and projects to be developed that still require a large number of talents.
During this period, Yan Xin's work focus was on this.
It is already 2015, and the real estate market will enter a cold winter in a few years. He must set the tone for development in the next few years.
It doesn’t matter if it’s a little messy now, it’s better than creating a big hole that can’t be filled later.
Because of this, he spent very little time with Ai Lili, the woman who had just given birth.
The company's investment strategy was also reported to be too conservative, which was somewhat incompatible with the booming real estate industry. This brought a disadvantage, making the capital market somewhat skeptical about their future development potential.
Then, the stock price, which had finally risen, fell back again.
The stock market talks about future potential.
Feng'an Group's development strategy is too conservative. In the eyes of many people, it does not have that much potential in the future.
Naturally, this also affected the stock price.
Fortunately, their group still has the label of Internet, and has made great achievements in the Internet field, becoming a leader in the industry.
Otherwise, the stock price will fall further.
However, the decline in stock price did not have much impact on Yan Xin's personal property.
Although the value of the shares he owned in Feng'an Group had shrunk, the shares of another listed company he owned, Shiyu, had risen, and by a lot.
Feng'an Group only has a partial Internet background, while Shiyu is a complete Internet company. Even though its current profitability is still far behind Feng'an Group, its future development potential seems to be greater.
The reason why Shiyu’s stock price rose sharply was that their operation of cutting leeks was successful.
Under the pretext of increasing the income of deliverymen, the commission for each order was increased, which immediately turned the company from a loss-making mode to a profit-making mode.
The price increase for each order is not very high and is within everyone's acceptable range.
But now the number of orders on this platform every day is quite astonishing. Even if the commission of an order is only increased by 1 cent, the accumulated amount is also a very astonishing number.
Besides, the increase they made is more than just a dime.
The new system had only been implemented for a few months, but it had already brought Shiyu huge profits.
This is reflected in the stock market as stock prices soar.
In the first month of 2015, Shiyu’s stock price doubled in just one month.
Yan Xin is also a major shareholder of this company, so his wealth has not shrunk due to the decline in Feng'an Group's stock price.
Xiao Shiyu became a super-rich man with a net worth of over 10 billion yuan because of this wave of stock price increases.
At this time, a deal that had been discussed for a long time was completed.
Starlight Films acquired the country's largest online novel platform from Mr. Chen, who was once the richest man in the country.
After more than two months of bargaining, Starlight Pictures finally won the competition with Penguin and acquired the online literature platform for RMB 50 billion.
One reason for being able to successfully acquire this company was that they offered a higher price, and another reason was that Boss Chen was not really willing to sell the company to the people he had once kicked out - the people who came to talk to him and were confirmed to be the owners of the company in the future were the group of people who were also the founders of this website.
I had no choice but to sell the company to them.
If given a choice, of course I would choose someone else - even if the conditions are the same.
50 billion RMB, Starlight Pictures certainly doesn’t have that much cash.
But this is not a big deal. The problem can be solved by the parent company, Starlight Group, stepping in to apply for a loan.
Not all of it was loans. Starlight Group still took out some cash, but the price was that there would be no dividends at the end of the year.
Yan Xin doesn't care about this dividend.
The dividends from Feng'an Group, Jinxi Group and Shiyu Group were already considerable, and he also received several hundred million.
Yan Xin was very happy to be able to take over the world's largest Chinese online novel platform.
That's not one website, it's several websites.
His acquisition also had a great impact on the future online literature landscape.
He also doesn't know what the online literature world will be like in the future.
In fact, he is not particularly confident that he can do these platforms well.
However, in his eyes, this acquisition is definitely not a loss. Regardless of what will happen in the future, just keeping the current large number of copyrights will not be a loss.
As for the management of the website, he knew that he was an outsider and there was no need to influence the insiders.
Most of the current team will be retained, only the leader will be replaced, and Zeng Yan will decide the candidate.
There won't be much other changes for the time being.
In order to stabilize people's hearts, a small change was made to the authors' welfare - the full attendance was improved a bit. When the VIP word count exceeded 4000 per day, the full attendance reached per month.
What will happen in the future? We have to let Zeng Yan's people understand the situation before proposing any changes.
During this process, the opinions of online writers will also be seriously considered.
Chen Li writes online articles, and he knows many other writers, including great authors and mediocre ones. He can understand what their ideas and requirements are.
It doesn't mean that all requirements must be met. He acquired this website to make money, not to do charity for online writers.
But some changes can still be made without affecting the company's profitability.
Yan Xin was not particularly excited about the acquisition of the website. Instead, Chen Li was the most excited.
Because he writes novels for this website, and now the boss of the company has become his best friend, of course he is excited.
He also believes that with such relationships, he will be able to better benefit online writers.
——I wrote novels on this website and joined the author groups of several other websites. I met many authors and heard many complaints. We are all in the same industry, and I still hope that everyone can have a better development.
Just a simple author, even if he is a top author, does not have much say.
Now that the boss has become my best friend, it’s different.
Without Yan Xin's special instructions, he had already carefully learned from the group of authors what ideas those authors had and began to plan for Yan Xin.
This enthusiasm even exceeds that for the novel he is currently writing.
After the acquisition, this company will naturally no longer use the name of Boss Chen's company, but will become a new company together with Starlight Film and Television, called Xingwen Group.
It has several websites under its umbrella, as well as Starlight Film and Television Production Company, Starlight Film and Television Investment Company, Starlight Brokerage Company, etc.
Bundling them together is to prepare for future listing.
Yan Xin gave Zeng Yan one year to integrate the merged company, and by 2016, she would have to seek a listing.
The Starlight Group is not ready to go public yet, but the Xingwen Group is going to go public.
By the time I had sorted out all these messy things, it was already the end of the lunar year.
After attending the annual meetings of several companies in which he had invested, Yan Xin left Guangzhou on the 20th day of the twelfth lunar month and took his wife and children back to his hometown to celebrate the Lunar New Year.
At this time, it had been two months since Ai Lili gave birth, and she was slowly recovering. However, she did not go home with Yan Xin, but stayed at home in Yangcheng.
She and Yan Xin had no official relationship, so it was easier for her to go to his house alone to celebrate the New Year. She could just say that she was Feng Xi's friend.
If he went there with a child in his arms, it would be too sensational and would have a bad impact on Yan Xin's reputation.
Besides, Cai Qixiang has cancer, and as his daughter, it is not easy for her to leave during the Spring Festival and she has to accompany the old man to spend the new year.
For Shu Yi, her daughter's winter vacation has already passed, but she still took leave to stay in Guangzhou, so that her child could spend the Lunar New Year with her grandfather.
Given Cai Qixiang’s current condition, it’s unclear how many New Years he can celebrate.
(End of this chapter)
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