Reborn since 2005

Chapter 825 Getting Closer to the Richest Man

In the 2016 Double 11, Yan Xin invested more resources than in previous years.

The harvest was also great.

When the final battle report came out, their transaction volume had reached 60% of that of their competitors.

This is a huge improvement.

The Double 11 Starry Night in collaboration with Mango TV was also quite successful, with the ratings ranking first during the same period.

That night, the Xingguang short video platform added nearly 10 million registered users.

Among these users, most of them came for the million-dollar prize draw and placed orders on this platform.

Among the newly registered users that night, several million placed orders.

For many people, this may be their first time shopping online.

Although most people buy cheap items subsidized by the platform, just to qualify for a lottery.

Some of the goods are priced at one cent or one dollar each, and some are priced at 9 yuan with free shipping.

If they place an order, it will only cause the platform to lose more money.

But for many people, online shopping only happens zero times or countless times.

Yan Xin can be sure of this.

Once a person experiences the convenience and cheapness of online shopping, it is hard to resist placing an order again.

Even some elderly people in rural areas find it difficult to control such impulses.

Yan Xin felt that it was worth spending so much money and adding millions of new online shopping users.

This time, the idol group under the Starlight Agency also achieved excellent results in the live streaming cooperation with Xiguang Youxuan.

On that day, the commission income brought to the company by dozens of idol stars exceeded 1 billion yuan.

Xiguang Youxuan obtained more profits.

The profit from Double 11 alone has reached the profit of two normal months.

The battle reports of several e-commerce platforms on Double 11 came out, which led to another increase in the stock prices of related companies.

Xingguang Culture Communication Company is not listed on the stock market, but what is reflected in the stock market is that the stock prices of Feng'an Group, Xingwen Group and Shiyu Group invested by Yan Xin have all risen to a certain extent.

Feng Xi joked with Yan Xin, "If the rich list was released a month later, you might have become the richest man in China this year."

This is not nonsense.

The current growth of the stocks held by Yan Xin is amazing.

On Double 11, Starlight International also tried out their e-commerce business. More than a dozen of the platform's top anchors chose to sell goods through live streaming, bringing benefits to their families.

The rhetoric is very exaggerated, basically the same as that used in domestic live streaming sales, very naive, but very effective.

More than 70% of the products sold are provided by Jinxi International E-commerce Company, and some are from suppliers found by the anchors themselves.

The transaction volume that day reached several million US dollars.

It cannot be compared with the results in China.

The sales revenue of a large live broadcast room on a single day is much higher than this.

But the people at Starlight International were very excited.

Because this is their starting point.

The transaction volume of several million US dollars is not even a fraction of the publicity resources they invested in this event.

But after all, we started from scratch and finally got started.

The transaction amount was several times more than they had expected - their previous goal was to reach US$50, and if they could reach US$100 million, that would be an excellent performance.

No one knows whether domestic products, domestic live broadcast language, and even foreign platforms can have any effect.

But now it seems that people from all over the world are similar. They all like to take advantage of small bargains and believe that their favorite anchors are indeed seeking benefits for them, and then they will place orders impulsively.

Of course, the quality of the products provided by Jinxi E-commerce Company is still acceptable, and the prices are very attractive. Even with the very high express delivery fees, it still has a great competitive advantage in terms of price.

——The products they selected were originally selected after very serious research.

Starlight International also attaches great importance to the follow-up of this product promotion. It will conduct follow-up research, provide good after-sales service, and understand the consumption needs of consumers.

In the coming period, there will be more such sales events to obtain more and more accurate data for the official launch of their e-mall.

This news made Yan Xin very excited.

Green Source Company's performance on Double 11 this year was even better than last year. This time, their live broadcast room did not have the super rich Yan Xin, but they invited a big star with a good reputation.

Still under the banner of live streaming to help farmers, the commission given out was tens of millions.

——I didn’t originally want to do something as low-level as live streaming to sell goods, but I had no choice but to give too much.

After a live broadcast of several hours, you can earn tens of millions, and you can also claim to be helping farmers. The level of live broadcast is higher than those ordinary live broadcasts, and it gives outsiders the impression that it is a charity event. So it is not impossible to do it.

Green Origin certainly did not lose money, but made more money.

After Double 11 ended, Yan Xin and Feng Xi took a good rest for a week before returning to Beijing together.

Yan Xin didn't stay in Beijing for long before returning to his hometown alone.

He now has a new identity, member of the National Committee of the Chinese People's Political Consultative Conference.

This time when I returned to my hometown, the factory of Feng'an Automobile Company was finally completed.

He's going to cut the ribbon.

A new energy vehicle manufacturing plant was built in just over a year, which is an amazing speed.

It was one or two months earlier than expected.

This is not something that can be accomplished with money alone; it also requires strong cooperation and the green light from local authorities.

After the factory was built, people from the province and city came, and many media outlets interviewed it.

Facing the media interview, Yan Xin talked freely and set a goal for this new energy vehicle company.

His goal is to achieve annual sales of more than 50,000 new energy vehicles next year, and more than 200,000 vehicles within three years.

Within five years, we will export to foreign countries on a large scale.

Within ten years, we aim to become one of the top three new energy vehicle companies in the world.

He didn't know if it would work, but at least he had to draw the pie first. Besides, he didn't think it was that impossible.

If there is no problem with funding, we can use the money to produce the most advanced new energy vehicles.

It is unlikely that they will surpass the top two within ten years.

But he felt that the rest of his competitors were not so insurmountable.

He doesn't understand technology, but when it comes to financial support, the funds he can provide are not what his competitors can provide.

In a few years, the real estate industry will explode, and Feng'an Group's investment focus will shift to new energy vehicles. By then, the funds available to this automobile company will be quite abundant.

Moreover, Bitcoin will experience several major increases in the future, and he can sell it in batches, and the amount of funds he can obtain is unimaginable.

These can all be invested in the new energy industry if necessary.

Those competitors don't have such financial advantages.

Yan Xin is now very confident about the future, and he is qualified to have such confidence.

In the past, I always felt that I had too little money. I wanted to do this and that, but I didn’t have enough money to invest.

We cannot say that we can invest large amounts of money in everything we want to do now, but it is still possible to concentrate our superior resources on one or two industries and turn them into leaders in the industry.

Of course, this does not include the original drug industry and the mobile phone chip industry. He does not have that much money, and he cannot be sure whether those things can be created by just piling up resources.

Yan Xin didn’t know whether he would invest in such industries when he had more money in the future, but his investment focus could not be placed there now.

He invested in automotive chips. In the future, Feng'an Automobile will use chips produced by a company invested by Jinxi Investment Company. The performance has been tested and performs very well among similar products.

Jinxi Investment Company has invested tens of billions of yuan in that chip company and has signed supply agreements with several domestic and foreign automobile companies. Its performance is very good.

Another key investment was in an intelligent robot company, but that wasn’t quite up to par.

We have made some technical achievements and obtained some patents, but the application scenarios are too limited, and at present, we have not found a suitable market.

They have the ability to produce sweeping robots, but sweeping robots cannot fully demonstrate their technical strength. Just for such a market, it seems a bit of a waste of talent.

However, a factory for sweeping robots has been built, and it is planned to launch them into the market after the new year through Jinxi E-commerce and Xiguang Youxuan.

But Yan Xin’s ambition is to produce high-end intelligent robots.

It’s not like the robots that can go to the battlefield that we saw in cartoons when we were children. That is too exaggerated. It is not something that he, as a private entrepreneur, should consider.

——We may have the technology, but we cannot produce it ourselves unless the country has a demand for it.

The current research direction is towards service-oriented intelligent robots.

For example, the elderly care robots in the future society.

In the future, we will enter an aging society, and elderly care services will be a huge market. There will not be so many young people to provide services, so elderly care robots will be needed.

Current technology has not reached that level, but he feels that in a few years, when AI technology matures and network hardware facilities are upgraded, it will not be impossible to achieve this in the 6G7G era.

For example, if we produce a simulated intelligent robot made of silicone material and alloy frame, which is modeled after a celebrity, to provide emotional services and solve some physiological needs, there will be a huge market even if the price is a little higher.

It can also effectively ease social conflicts, eliminate social hostility, and allow more single people to get psychological and physical comfort.

It is also a thing of great merit.

This is not too technically difficult and is much easier than the elderly care robot technology in Yan Xin's mind. There are not so many intelligent scenarios that need to be mastered. In other words, the materials will be a little more expensive and there are some requirements on the shape.

Existing technologies can almost support it - although the emotional value provided is relatively simple and cannot have too deep conversations, but as we all know, this is not that important.

——Who would discuss some profound topics with the other person at that time?
There will be more and more single people in the future, which will be a huge market.

Both men's and women's use can be developed and produced.

This time on Double 11, Jinxi Group made huge profits again, and the money will be transferred to Jinxi Investment Company.

Yan Xin and Feng Xi have discussed that the money will be invested first in their robotics research company.

Investment in medical products is also continuing to increase, and has achieved certain results, but has not yet brought profits.

But this does not matter. Since this is not intended for current investment, its performance in the market will naturally not be very good.

The goal is to provide better solutions to this society in three or four years.

There is no profit margin at the moment, but investment still needs to increase.

When Yan Xin returned to his hometown in early December, he stayed there for a few days, attended several meetings, accepted several interviews, and then stayed in Lvyuan Village for another two or three days.

Afterwards, they went to Guangzhou to celebrate the two-year-old birthday of Emin, the daughter born to him and Ai Lili.

At this time, the market value of Feng'an Group had risen to 600 to 700 billion yuan, and the value of Yan Xin's shares in Feng'an Group was about 140 to 150 billion yuan.

The commissioning of the Feng'an Automobile Factory has added fuel to the company's stock price.

The impression that Feng'an Group gives people now is no longer a real estate company, but more like a high-tech company.

There is greater room for imagination in the future.

So in December, there was another big surge.

Adding the shares of Xingwen Group and Shiyu Group in his hands, the market value of these three stocks in his hands is close to 200 billion.

If the Jinxi Group, Star Games and Star Short Video Platform are included, the wealth of Yan Xin and his wife will reach an exaggerated level.

If Feng'an Group's stock price can maintain this level next year, there is no doubt that Yan Xin will become the richest man in China next year.

He talked about this with the stray cat in reincarnation and asked her:

"Does what you said back then still count? When I become the richest man in the country, we will meet in real life."

"Of course it counts." Sister Cat answered straightforwardly.

"I'm looking forward to meeting him on that day," Yan Xin said. "I think that day won't be too far away, maybe next year."

Sister Cat: "I suggest you don't have too high expectations. You might be disappointed when you actually meet."

Yan Xin: "Don't worry, I'm just curious about what kind of person you are in real life. I don't have the intentions you think, so there is no disappointment."

Ms. Cat: “That’s not necessarily true.”

Yan Xin's anticipation for meeting Sister Mao in real life exceeds his anticipation for becoming number one on the domestic rich list.

He even thought that if the stock price of Feng'an Group fell next year, he should consider packaging and listing Starlight Games under Starlight Group.

Apart from anything else, just relying on the game "Yuan Shen", the market value of Starlight Games can easily break through the 200 billion mark.

The wealth appreciation brought to him can definitely push him to the position of the richest man in the country.

Although his ranking this year is one place lower than last year, he is actually getting closer and closer to the richest man.