Chapter Two Thousand and Forty-Seven: The Meeting of the Expansion Plan

In today's shopping malls, cash is king.

The cash reserves of the Su Group are higher than those of any other company.

It can be said that none of the world's top 500 companies has higher cash reserves than the Su Group, but there is a big gap with it, and even among the world's top 500 companies, the company with the highest cash reserves has a gap of several times or more than the cash reserves of the Su Group.

Of course, since Su's Group has never announced revenue and profits, it has never been counted in the ranking of the world's top 500 companies.

If Su's Group announces its revenue and profits, it will definitely be easily ranked among the world's top 500 companies, and it will become the company with the highest cash reserves among the world's top 500 companies.

However, for the time being, Su's Group has not planned to do so, and it has not been counted as one of the world's top 500 companies.

However, although the Su Group is not ranked among the world's top 500 companies, compared with any of the world's top 500 companies, the Su Group will not lose to the other party, and can even be called a well-deserved first, that is, the world's top 500 enterprises are now ranked first, which is not as good as the Su Group, at least in terms of revenue and profit.

There is no way, the revenue and profit of the Su Group are too high, and they have exceeded many people's imagination.

It can be said that if the world has not undergone major changes, and the Su Group has continued to develop like this, it can even compete with the current Fortune 500 companies in the world.

That's right, it is a Su Group, and when compared with 500 companies, it can not fall behind.

The premise is that the Su Group can continue to develop and will not stop developing, then we can see the arrival of this day, and a Su Group can be compared with 500 large enterprises and maintain its advantages.

Because, the development speed of Sushi Group is too amazing, and now it seems that it is far from reaching the limit, and there is still a lot of room for development in the future.

The wholly-owned subsidiary of Sushi Group has unlimited potential for development, and a single subsidiary can wrestle with the world's top 500 companies, and even one can top more than one, but there are many such subsidiaries.

In addition, Sus Group can also use the huge cash flow to continuously invest in new projects, and can also continue to join new industries, involving a wider and wider scope.

For example, among the world's top 500 companies, Su's Group can use the huge capital flow to invest in it, and then become a shareholder in it, without becoming the largest shareholder, but as long as it has a certain number of shares, and in doing so, it will make Su's Group bigger and bigger.

Therefore, the business scope of Sushi Group is now getting bigger and bigger, and the wholly-owned subsidiary is the key business of Sushi Group, but the scope of the side business is also getting bigger and bigger, and the cash reserves are strong enough, the momentum of the development of these side businesses is also very strong, and now it is also prosperous, and the scale is now quite amazing.

Perhaps the profits of these side businesses are not as good as those generated by a few wholly-owned subsidiaries, not even a tenth of them, but they are better in a wide range and can be diversified.

For the Su Group, the huge cash reserves allow it to invest in any project, not afraid of failure, but also able to bear the price of failure, and do not have to worry about affecting the head office, let alone the fundamental impact of the Su Group, even if the project fails, it can only be regarded as a trivial matter.

As long as Sushi Group manages the development of its wholly-owned subsidiary, other investment projects, even if all fail, will not let Sushi Group fall short.

However, with the cash reserves of the Su Group, plus the investment projects are all prospective, it is naturally impossible to fail on a large scale, and the successful projects still account for the majority, which is why the business scope and scale of the Su Group can become larger and larger.

In this way, the development of Su's Group will naturally get better and better, and the scale will become more and more amazing.

Therefore, there is naturally hope for the Su Group in the future, and if it develops into an enterprise, it can compete with 500 world-class enterprises, and it will be stronger than the sum of 500 enterprises, which is the confidence of the Su Group.

Of course, this is only a goal for the future, although the Su Group has the confidence to achieve it, but it is definitely not something that can be achieved now.

Regarding this goal, Su Yi is just thinking about it, and he doesn't daydream every day, he can do it, he can do it sooner or later, if he can't do it, he can't do it no matter how much he wants.

So, now you just have to set a goal, and you don't have to think about it every day.

Because Su Group has too much cash reserves, as long as there is a good project, Liu Yueying will not miss it, and this time Su Yi and Xue Fei want to expand the business scale of Lefei Group, she is very optimistic and agrees with the expansion of Lefei Group.

In any case, Lefei Group is also a high-quality asset, although the profit margin is far less than that of several wholly-owned subsidiaries of Sushi Group, but compared to its peers, it is already quite good.

Now, the Su Group's cash reserves are too much, I don't know where to spend it, it happened to be invested in the Lefei Group to expand, so that it can not only reduce the cash reserves, convert the cash into fixed assets, but also will not depreciate, but also help the development of the Lefei Group, which kills two birds with one stone.

In this way, there will be today's meeting, and Su Yi, Xue Fei and Liu Yueying will all be present.

After all, these three people are very busy, they may not meet once a month, and there are fewer opportunities to sit down and have a good chat, and if the Lefei Group is not ready to expand, then the three of them will not have the opportunity to sit down and have a good conversation.

The expansion of Lefei Group has basically been determined, and the expansion must be expanded, but the extent of the expansion has not yet been decided.

Today's meeting is mainly to negotiate the scale of the expansion plan of the Lefei Group, how much money to invest, and what projects to use it on, which will be decided in one fell swoop today and will not be delayed for too long.

It can be said that the general direction of this expansion plan will be determined today, as for the details, it will be up to Xue Fei to return to the Lefei Group and then decide for himself, Su Yi and Liu Yueying will not be involved in the details, and the Lefei Group will make the decision unilaterally.

Therefore, the content of this meeting, not too much, not too little, but the content must be very amazing, at least the amount of money involved, is quite amazing.

In any case, a project that requires three people to sit down and negotiate and decide on it will definitely not be a small project.