Rebirth is very troublesome

Chapter 1067 Every family has its own sutras that are difficult to recite
While Wang Yu was there, Wu Suqing simply did a systematic return work.

You don’t know if you don’t hear it, but you will be shocked when you hear it.

When Fruit Tea CC was founded, Wang Yu positioned it as a cash cow. As it grew and grew, he also conceived of a closed-loop industry.

But later, with the establishment of Jiahong Group, in addition to Fruit Tea CC and Hualong Instant Noodles, the group successively established four brand companies: Hualong Spicy Tiao, Daily Vitamin C, Materia Medica, and Bingyue Coffee. By the first half of 10, It has also expanded into new industries such as Chinese food chains and Jiahong Dairy.

Amid the rapid expansion, the matter of industrial closed loop has been temporarily put on hold.

As a result, traces of closed loop can now be clearly seen in Wu Suqing's reporting materials, which means that in the three quarters of 10's development, this capable CEO has made up for this shortcoming.

According to Wu Suqing's description, Jiahong Group invested 10 billion yuan in the first three quarters of 23.6 years to close the upstream and downstream chains of the group's main industries through direct operations, holdings, equity participation and other methods.

Jiahong has also directly set up direct general agents in the six major regional central cities across the country, and built digital material distribution warehouses in the central cities. It uses Tiandilong Logistics under the Engine Technology Group to connect the cities where various distributors are located, creating a vertical first-level Channel architecture.

"Chairman, judging from the data at the end of the third quarter, the entire industry group of Jiahong Group is making great efforts. I believe there will be a larger growth rate in the fourth quarter and we will strive to achieve year-end profits that can reach 70% of last year."

When Wu Suqing reported this, she had a confident expression on her face.

"It's not easy for you either."

After listening to her report, Wang Yu nodded and said, "Not to mention anything else this year, you spent a lot of money on new industry investment alone, right?"

"As of the first three quarters, the scale of investment in new industries has reached 13.2 billion."

"Weilin, look, with an annual investment of more than 30 billion, the annual profit can still reach 70% of last year. Do you want to send Mr. Wu a big red envelope at the end of the year?"

"You are the chairman, you have the final say!"

Jiang Weilin naturally had no objection. These investments would either become a new industry for the company, adding new profit points for the company in the future, or become fixed assets. Not a penny was wasted, so there was nothing dissatisfactory.

"This is what I should do"

"So this is what you deserve."

Wang Yu stretched out his hand to stop Wu Suqing's modesty: "Both of our major shareholders have no objections. Just wait and get the big red envelope."

Only then did Wu Suqing's face show a look of joy.

She had company matters to deal with next, so she left first.

"I said you still want to come, right?"

After Wu Suqing left, Jiang Weilin lit a cigar and said to Wang Yu with a smile on his face: "To be honest, if you don't come, I can only hear this at the year-end meeting, which can be regarded as benefiting from you in advance." Bar."

"I increasingly feel that Jiahong cannot be listed."

Wang Yu tapped his fingers on the tea table: "If we predict according to Wu Suqing's report, next year the group's profit may break through to the order of 80-100 billion. With such a big cash cow at the bottom, no matter what you do, you will feel confident!"

"That must be true. Only fools are willing to take Jiahong public."

Jiang Weilin also said matter-of-factly: "To put it bluntly, as long as Jiahong's profitability can be maintained like this, I will have the confidence to make drastic reforms after taking over all the Jiang family's industries."

"You want to do something big?"

"The old man has been decisive in killing competitors all his life. His management ability and social experience are what I need to look up to and learn from, but he is soft-hearted towards his own family."

Speaking of this, Jiang Weilin couldn't help but sigh: "Uncles, aunts, cousins. Although each of them has been stripped of the main business of the group, they all control the upstream and downstream industrial chains. Looking at each of the small enterprises, they pinch each other. The lifeblood of the group's development is now like a strong man dragging countless baggage. It's fine when the main business is healthy. But if you catch a cold or something, you may be dragged down by those baggage. "Breaking" "Is it so serious?"

This was the first time Wang Yu heard Jiang Weilin talk about this.

"Why do you think Wu Suqing is so anxious to establish Jiahong's closed-loop chain?"

Jiang Weilin looked at Wang Yu and said: "In the past, the upstream supply of fruit tea CC was from the Jiang family. In fact, the price of purchasing raw materials was higher than the market price!"

Wang Yu was stunned, and after a long while he said: "Fuck you, Lao Jiang, you fucking tricked me!"

"I even tricked myself!"

Jiang Weilin said with a grimace: "Wasn't I also the major shareholder of Fruit Tea CC at that time?"

Thinking about it, Wang Yu no longer dwelled on the past, and then began to sympathize with Jiang Weilin: "No wonder you want to reform, but"

"I also know the difficulty. I have communicated with the old man repeatedly about this matter, and he is also in trouble."

"Are you going to be sucked blood like this forever?"

"It's just a matter of sucking some blood. We're all relatives anyway, so it doesn't matter who you give the money to, even if the group's profits are a little thin."

Jiang Weilin's expression became serious: "The key is those people."

At this time, Wang Yu remembered that Jiang Weilin had mentioned that someone in the family was even spying on the Jiang family's interests in the Jiahong Group.

"That's why I'm getting married next year."

Jiang Weilin looked at Wang Yu and said, "After getting married, the old man will withdraw from the Jiang Group and take charge of Hualong Fund, and I will take over as chairman of the board of directors."

"No wonder."

Wang Yu muttered, then reached out and patted Jiang Weilin on the shoulder: "Anyway, I support you, and the Yangtze River Chamber of Commerce will also stand behind you."

"Yes, if it weren't for the Yangtze River Chamber of Commerce, if I hadn't met you, I might not have had the courage to make such a big move against the Jiang Group."

When Jiang Weilin said this, a resolute look appeared on his face: "The old man couldn't bear to take action himself. He retired to take charge of the Hualong Fund. That was to guard the Jiang family's retreat. I have the support of the Yangtze River Chamber of Commerce and your support. Even if Jiang's vitality was injured by my attack, but he still has a chance to recover from his injuries and go into battle lightly!"

This can be regarded as heartfelt.

This kind of thing is definitely a secret that only the most core people of the Jiang family know. Wang Yu guessed that even Jiang Qiao might not know about it.

But he was also a little confused. Jiang Weilin didn't tell him earlier or later. Why did he tell him on an occasion like today?

You must know that there is not only himself in this office, but also Zhou Aiqing and Shang Wanzhen. Even if he said it last night, there was only Bao Yaozong next to him.
It’s hard to ask this question, at least for the time being.

This is simply a matter of the Jiang family, and Wang Yu will only provide some financial support. After all, he is engaged in Internet and physical manufacturing, and has little interaction with the Jiang family's industry, so he cannot help much in terms of resources.

Thinking of this, he glanced at Zhou Aiqing and Shang Wanzhen.

"Don't let a single word of the conversation just come out!"

(End of this chapter)