Chapter 692 - A Cash Cow with a Monthly Flow of 400 Million (First Update)

The audition for "Super Girl" is still in full swing, and more and more contestants stand out, many of whom have superior family backgrounds and use resources to enhance their reputation.

For them to do this, Global Satellite TV does not stop it, anyway, this is a huge star-making movement, and it is best for them to be willing to do it themselves.

Anyway, the final beneficiaries will only be Universal TV and Universal Music.

As long as you are smart, you know an unspoken rule, that is, as long as you are still competing, you must not sign with other music companies.

Otherwise, don't even think about going down!

The better the day of Global TV, the better the other companies are.

For example, Jiuding Real Estate Group, as soon as it entered October, the volume of real estate transactions skyrocketed.

This is mainly due to the land plot that Xia Yu asked Liu Shihao to buy before, as well as the real estate under development before.

On the 1st of this month, the Shek Kip Mei to Kwun Tong section of the Heung Kong Metro was officially opened to traffic, and the housing prices along the subway line soared, rising by three floors in just ten days, which can be called crazy.

However, the more house prices rise, the more buyers there are.

The sales hall is crowded with people every day, all of whom are looking at the house or lottery.

In this section, the most land belongs to Jiuding Real Estate Group! Of course, it is the most profitable!

Hearing Liu Shihao's report on the turnover, Xia Yu just smiled and encouraged him.

According to media statistics, since the beginning of the year, the average price of residential buildings in Xiangjiang has increased by 52% compared with the beginning of the year.

In particular, after MacLehose returned from the mainland in April, he brought words from the north that "investors in Hong Kong should be reassured", which made most Chinese in Hong Kong feel at ease.

Xia Yu knows very well that the housing prices in Xiangjiang will still rise!

This is not something he can stop, instead of being compassionate, it is better to follow the trend of the times and grow himself together.

Generally, the fourth quarter of each year is a time when the consumption sector rises sharply.

To this end, Xia Yu specially convened a meeting with the heads of the major subsidiaries of Jiuding Retail Group to understand the details of each company and make strategic adjustments.

The meeting was held in Jiuding Building, and the heads of five companies, including 7-Eleven convenience stores, Wellcome supermarkets, Wanning Pharmacy, IKEA Furniture, and Jiuding Electric Appliances, were present.

Xia Yu sat at the top, and the staff of the chairman's office sat at the end to make records.

His eyes swept over the faces of Fu Kai, Zhou Cheng, Wang Liang, Lin Sen, Song Hai and others, and Xia Yu nodded with satisfaction.

"First introduce the achievements of each company, and then put forward the problems encountered in the development process, and solve them on the spot. ”

After Xia Yu set the tone, he looked at Fu Kai, who was sitting on the far left, who understood, got up and bowed slightly to the people present, and then began to report the results.

With the strong support of the chairman and the parent company, the 7-Eleven convenience chain has achieved leapfrog results, the company has been implementing the plan of opening 10 stores per week, and now has 450 stores, including 120 stores in Heung Kong Kowloon, 100 stores in the New Territories, 150 stores on Hong Kong Island and 80 stores in Omen. ”

The company has 1,520 employees...... Last month's total revenue was HK$107 million......"

For this achievement, Xia Yu was not only not happy, but frowned slightly, this expression fell in Fu Kai's eyes, and he sighed in his heart.

In fact, in Xia Yu's view, this speed and revenue are indeed low.

He is well aware that in 2012, the 7-Eleven convenience store group had more than 56,000 stores around the world, including 16,000 stores in the island country alone.

Among them, the 16,000 stores in the island nation alone have 300,000 employees and an annual turnover of more than $60 billion.

Carefully calculated, the average annual turnover of a store is US$3.75 million, and the average monthly revenue reaches US$310,000.

However, now that we calculate the 7-Eleven convenience stores in Hong Kong, the total monthly revenue of the 450 stores is 107 million Hong Kong dollars, with an average of 237,000 Hong Kong dollars per store, which is only a little over 50,000 US dollars when converted into US dollars.

The gap with the island nation has reached more than five times.

Although the time span is 40 years, Xiangjiang is not a mainland, and the gap between it and Europe and the United States is relatively small, and it will not depreciate the value of money six times in 40 years.

Therefore, there is still a lot of potential for the 7-Eleven convenience chain.

After Fu Kai finished reporting, he looked at Xia Yu worriedly, and was secretly relieved when he found that the chairman had no idea of speaking.

"Zhou Cheng. ”

After Xia Yu took the roll call, Zhou Chengli of Wellcome Supermarket stood up and bowed, and then began to report work.

"Report to the chairman, Wellcome Supermarket Co., Ltd. opened a new supermarket in Mong Kok in September, the company currently has 12 large supermarkets, 18 medium-sized supermarkets, the average monthly revenue of large supermarkets is about 6 million, the monthly revenue of medium-sized supermarkets is about 3 million, and the total revenue of 13.2 billion Hong Kong dollars last month is ......"

Xia Yu is quite satisfied with this achievement, but there is still potential to be tapped.

In the future, as long as the mainland is well operated, a 10,000-square-meter super-large supermarket can have an annual turnover of 500 million yuan, and the peak monthly revenue can reach 41 million, which can be exchanged for 46 million Hong Kong dollars.

Now the large supermarkets here in Xia Yu are generally between 1,500 square meters and 2,500 square meters, and the monthly revenue of 6 million Hong Kong dollars is certainly not bad.

Moreover, the population density of Xiangjiang is much higher than that of the mainland, and the consumption level is naturally higher.

"Report to the Chairman ......"

Next, Wang Liang, Lin Sen, Song Hai and others reported one after another.

Mannings Pharmacy has expanded to 48 stores in Hong Kong and Austria.

Because of its relatively large scale, IKEA Furniture City has four flagship stores so far, three in Xiangjiang and one in Aomen.

Finally, Jiuding Electric Co., Ltd., Xia Yu also heard Song Hai's report last month, and I won't mention it here.

In general, the five subsidiaries of Jiuding Retail Group have developed well.

Doing retail is a terrible cash flow, and it can also press the supplier's payment for one to three months, and the money is in Jiuding Bank.

Jiuding Retail Group's monthly turnover can reach 400 million, which is a proper cash cow, and has made a great contribution to Jiuding Bank.

"I have listened to your reports, and they are all commendable. ”

However, in addition to Jiuding Electric, the expansion of the other four companies is now limited to Xiangjiang and Aomen, although it is conducive to laying a solid foundation, but a year is enough, it is time to go out of Hong Kong and Macao. ”

Xia Yu made a summary and said.

Lin Sen, the general manager of IKEA Furniture Co., Ltd., wanted to speak and stopped, Xia Yu nodded to him, and he immediately reported: "Chairman, our IKEA furniture situation is special. ”

"IKEA is a Swedish company, at that time, in order to open up the market in Xiangjiang, IKEA licensed Jardine Matheson to open stores in the situation of franchise stores, and only need to pay a certain franchise fee every year. ”

"After you take over, this clause remains the same, but IKEA Furniture only gives the franchise rights of Xiangjiang and Aomen, so if you want to expand externally, this is a problem that you have to face!"

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