Reborn since 2005

Chapter 814 The Second Richest Man in the Country
The celebration banquet lasted until two or three in the morning.

At this celebration banquet, Yan Xin announced the rewards for them in front of many employees, which brought the atmosphere of the celebration banquet to a climax.

Jinxi Group also made a lot of money, but Feng Xi did not announce their rewards in public - this is Starlight E-Commerce's home ground, and she couldn't steal the show.

However, the rewards for employees will not be small.

Everyone has made a great contribution by earning so much money, and we must give them certain rewards so that everyone can realize that they are a community of interests, and that they prosper together and suffer together. Only in this way can they be more willing to contribute to the company.

After the celebration banquet, on the way home, Feng Xi talked with Yan Xin about how to spend the money they earned.

This Double Eleven, Jinxi Group's net profit could reach 10 to 20 billion yuan, which is a huge sum of money.

It is definitely not appropriate to leave the money gathering dust in the account, and there are no loans due to be repaid. As for the Jinxi Industrial Group, the industrial layout has been basically completed, and there is no need for much expansion for the time being.

This sum of money can only be transferred to Jinxi Investment Company for investment.

Previously, Jinxi Investment Company’s main investment direction was the chip industry, focusing on the automotive chip segment.

The first investment was 1 billion yuan, and it reached a strategic cooperation with a company that mainly engages in automotive chip research, and owned 40% of the company's shares.

Later, it invested more than 1 billion yuan in the company and acquired several related companies, including those engaged in chip design and production.

After several additional investments, Jinxi Investment Company's stake in the company has exceeded 60%.

The company does not have any new funding needs for the time being, and the original team does not really want them to hold more shares. Even if there are any funding needs, they will most likely prioritize seeking solutions from banks.

It is also impossible for them to invest money in similar businesses and create a competitor for themselves.

This time, the profits of one or two billion will be invested in other industries.

Which specific industry to invest in is a question.

Feng Xi hopes Yan Xin can provide some advice.

Yan Xin also provided several suggestions, which were rejected one by one by Feng Xi.

Finally, when talking about the medical industry, Feng Xi discussed it with him for a few sentences, then nodded and said:
"Your suggestion is good, so let's invest in the medical industry next."

Yan Xin still reminded:
"We don't have any technical accumulation, so we shouldn't invest in high-end products at the beginning. We can keep it simple, for example, starting with products like masks and ventilators that don't require much technical content, and then making some generic drugs for treating colds and fevers. With the little money we have, we can't invest in original research drugs right from the start."

When I said this, I was thinking:

"I'm just making a metaphor casually. It shouldn't reveal the fact that I'm a reborn person, right?"

He was already thinking about how to explain when Feng Xi asked him why he invested in those industries.

Unexpectedly, Feng Xi did not ask such a question, but nodded again:

"I think what you said makes sense. We have limited funds, so we should really start with the simplest things and work our way up step by step. We can't try to do something big right from the start."

The 2015 domestic rich list was announced last month. The assets of Yan Xin and his wife were estimated to be billion yuan, second only to the national father-in-law Wang who is engaged in real estate, and surpassed Jack Ma to become the second richest person in China.

In many people's minds, this is the top richest person.

Even in the global context, having a wealth of more than 200 billion US dollars makes him one of the top richest people.

They also said that they had limited funds and that they only had that little money, which sounded really strange.

But that's the way it is.

They really can't come up with much money.

Money is needed everywhere, and the bank loans borne by the invested enterprises have reached a terrifying level, which is more than their assets estimated on the rich list.

The profit that can be earned from Double 11 this time is about to billion. In the eyes of ordinary people, it is a huge sum of money. In fact, in their eyes, it is also a huge sum of money.

With this little money, they need to carefully consider which industry to invest in to make more money.

If you invest this amount of money in the highest-end mobile phone chips, you won't even make a splash.

Investing in the most cutting-edge biopharmaceuticals and wanting to develop original drugs, it is not certain whether or not results can be achieved. Even if one is extremely lucky and achieves results, the money for several phases of clinical trials is not enough.

You can only start with the simplest and then gradually go deeper.

——Whether to go deeper or not depends on whether the previous investment can bring profits, otherwise there is no need to go deeper.

The two people reached a consensus on this, and the matter was decided.

Once the money is in place, I will invest in the medical industry, starting with the simplest.

The fastest method used is direct acquisition.

After making this decision, Yan Xin finally put his mind at ease - this way, he should be able to make some contribution to social stability in a few years.

There are too many things he can't do; he doesn't have that ability.

When they got home, it was already past 3 in the morning.

When I woke up, it was already noon the next day.

Yan Xin also took a special look at the Hong Kong stock market and the stocks he held in Feng'an Group and Shiyu Group, and found that both stocks had risen sharply, one by more than two points and the other by three or four points.

The value of the stocks he held suddenly increased by tens of billions.

Although it's not cash, it still makes me feel good to see the numbers going up.

He also read the analysis of the financial sector and found that the rise of these two stocks was related to the outstanding performance achieved by Starlight E-Commerce on Double 11.

When people chase after these two stocks, what they are actually chasing after is this person's future.

These two stocks can be said to be Yanxin concept stocks. The Yan content of Shiyu Group is lower, so the increase is not that large.

Feng'an Group has a higher level of strictness, so the increase is even greater.

Stocks are something that have ups and downs. Yan Xin doesn't really care about it right now, but he is still very happy to see the price going up.

If you look around online, you can see a lot of reports about the transaction volume of Xingguang E-commerce on Double 11, and some of them analyze why the transaction volume of this platform has increased so much. The reason is that the discounts given to merchants here are larger, which can effectively reduce the cost of merchants and allow consumers to get more discounts, so it can stand out in such fierce competition and become stronger and stronger.

——These analyses are, of course, soft articles that Starlight Culture Communication Company paid people to write. Various viewpoints have already been written. All we have to do is wait for the Double 11 data to come out and then fill in the numbers.

Therefore, the research results were released very quickly, in large quantities, and on multiple platforms.

It looks like an analytical article, but it is actually a large advertisement, the purpose of which is to attract more merchants to join and attract more online shopping enthusiasts to this platform.

The better the Double 11 data is, the more provocative these soft articles are.

This is also the reason why Yan Xin put so much energy into fighting this Double 11 battle.

Xiguang Youxuan made a lot of money in this Double 11 battle, but Xingguang Culture Communication Company did not make any money and even lost several hundred million.

——For this event, they issued a large number of coupons themselves and subsidized several hundred million yuan themselves, and the merchants were not asked to share this cost.

In addition, there are advertising placements on other platforms, including advertising placements during prime time on major TV stations during this period, which also amounts to a considerable amount of money.

Although their advertising revenue increased a lot during Double 11, they still lost several hundred million in total.

However, all major investors had no objection to this loss. They all felt that it was a victory in the business war. After Double 11, they called Yan Xin to celebrate with him.

The international version of the Starlight short video platform has not yet opened an e-commerce section. Currently, the software has only been downloaded 10 to 20 million times, with a monthly active user base of just over 10 million. It has not yet formed an ecological chain, so it is not very suitable to engage in e-commerce now.

However, with the successful experience of the domestic version, those investors are more optimistic about the future of this international version.

Although the monthly active users are only a little over 10 million, the average stay time is relatively long, which also shows that their software has cultivated a group of loyal users.

With the momentum of the Double 11 sales of more than 400 billion, Yan Xin's proposal at the Starlight International board meeting to use million US dollars to subsidize the high-quality content creators of Starlight International was also smoothly passed.

Organize grand prizes in each category, use high prize money to attract more high-quality content creators, and use more high-quality content to attract more users to register.

Different competitions have different standards. Some will invite a team of senior experts to judge the awards, while others will simply decide based on the number of likes, views, and comments.

There are both unpopular categories and popular categories. The goal is to create a complete ecological chain, so that anyone who comes to this platform can see what they want to see.

Although now it mainly attracts old perverts who watch those programs that are exciting.

But if you want to become bigger and stronger, you can't just rely on those old perverts.

In addition to the various awards, there are also creation subsidies for all content creators - as long as the number of views and likes reaches a certain standard, they can receive the creation subsidies issued by the platform according to the proportion.

The 2 billion US dollars raised last year has not been spent yet, and we can still afford it.

Although this is still just a new platform, it has a user base of tens of millions, good daily active users, and a lot of advertising.

Although there are no big brands advertising on this platform yet, many of them are low-level ads, and some are even illegal in China, but there are still many businesses placing advertisements, and they still have a certain amount of advertising income.

Although it is still burning money, the speed of burning money has been slowed down a lot with the income.

Yan Xin attaches great importance to this international version. If it goes smoothly and is not banned, it is possible for him to become the richest man in the world with this.

Although we have not yet started e-commerce on this platform, relevant preparations have already begun.

There are professionals there to do these things. Yan Xin just put forward his own suggestions and provided a domestic version of the successful template for them to study.

He hopes that by this time next year, the e-commerce section of Starlight International will also be launched.

Jinxi Group will be one of the first e-commerce companies to settle in.

By that time, Jinxi Group will also have to set up an overseas department specializing in international trade.

After Double Eleven, Zeng Yan left Yangcheng with her star team. Zeng Xiyue did not go with them and stayed in Yangcheng for a few more days until the crew urged her to leave. Only then did she leave reluctantly.

Gu Ru also went to the United States.

After receiving her Double 11 salary, she transferred it all to Yan Xin to repay his debt.

But now I still owe him 100 or 200 million RMB.

It's not urgent, and Yan Xin would never urge her to pay back the debt - he had no intention of asking her to pay back the money, so naturally he wouldn't urge her.

She just felt ashamed in front of Feng Xi, so she wanted to return it as soon as possible.

Feng Xi was also exhausted during Double 11, and she was even more exhausted as she was a pregnant woman who was six or seven months pregnant.

After Double 11, I rested in Guangzhou for a few days before returning to Beijing.

This time, Yan Xin accompanied her to the capital.

Now that she is pregnant and she needs company, of course I have to be with her first.

In the following period of time, Yan Xin basically stayed in Beijing.

The affairs of the Starlight Group are also handled through the Internet - there is a professional team, and there are not many things that need him to deal with. He mainly provides guidance on the direction, and if he finds any problems, he also provides his own solutions.

At Feng'an Group, Ai Lili had already resumed her normal work state, so there was no need for him to do anything and she could just let go.

In Beijing, he helped Feng Xi deal with the affairs of the Jinxi Group and helped her share some of the work pressure.

This includes companies related to medical device production that Jinxi Investment Company wants to acquire.

Although his professional ability is not strong, after all, he has been the CEO of many companies for a long time, facing elites in the workplace, and has learned something from them.

In addition, he has the memories of his previous life and has a very accurate understanding of future development trends, so the decisions he makes are basically the same.

If there are any mistakes or omissions, Feng Xi is by his side and can correct him.

During this period, he returned to Guangzhou once to celebrate the birthday of his and Ai Lili's daughter, Amin, and then returned to Beijing.

Right in the capital, they bid farewell to the year 2015 and the time came to the year 2016 AD.

(End of this chapter)