After the meeting, Xue Fei left first.

After all, there is still a lot to be done in a 450 billion yuan project.

Although the project has been approved now, it is precisely because it has been passed that there are many things to be done, not just sitting in the conference hall and saying a few words, there are too many things to really implement.

Therefore, now Xue Fei is going back to Lefei Group to arrange relevant work, which also means that the project will be officially launched.

As for the Su Group, it will get the funds in place immediately, and the funds of more than 400 billion yuan are not a big problem, and they will be in place soon.

After Xue Fei left, Liu Yueying reported to Su Yi on the recent development of the group.

There is no way, he usually doesn't come to the company often, and Liu Yueying has no way to report to him every day, so he has to take such a good opportunity today to report the company's situation to him, so that he can understand the general situation of the company.

After reporting on the Su Group's recent new projects, Liu Yueying couldn't help but turn to the company's cash reserves.

Because the performance of the subsidiaries of the Su Group is getting better and better, the profits of each month are greatly improved, which means that the profits handed over to the Su Group every month are more and more, even after subtracting the needs of their own development, the remaining profits are still very considerable.

Excluding several non-wholly-owned subsidiaries such as Yeluo Group, Lefei Group and Yongjing Group, the monthly profit of Sushi Group has exceeded one trillion yuan

That's right, just a wholly-owned subsidiary of the Su Group, its monthly profits have exceeded one trillion yuan, and if Yeluo Group and other companies also hand over their profits, then the monthly profits of the Su Group will be even more terrifying.

Even if it is only a wholly-owned subsidiary, the monthly profit has exceeded one trillion, which is already an astronomical figure.

Even if the Su Group invests in a lot of projects every month and keeps developing new businesses, due to the high profits, the cash reserves are inevitably growing, and it is a very fast growth.

In front of the cash reserves of the Su Group, even Apple's cash reserves are not worth mentioning.

Moreover, Apple's cash reserves have been accumulated over many years, and it took at least ten years to accumulate the cash reserves of a rich country, but the Su Group is different, these huge cash reserves have not taken a long time to accumulate, at best, it took a year.

It only took one year for the Su Group to accumulate cash reserves, but they were several times more than the cash reserves that Apple had used for more than ten years.

Not only that, the Su Group has invested many times more money in expansion and development of new projects than Apple, and the investment in research and development expenses alone is more than ten times higher than that of Apple.

In the case of such a high investment, the cash reserves of the Su Group have accumulated to such a terrifying level in one year, which is several times higher than Apple's cash reserves, which is indeed an incredible thing, but this also indirectly shows that the profits of the Su Group are very terrifying.

In fact, the profits of the Su Group are not high, but the low cost and the support of sales against the sky can make such a terrifying profit.

If there is no high sales support, the profits of the Su Group cannot be so terrifying, and it is definitely not because of high profit margins that it can accumulate such terrifying cash reserves.

Moreover, most of the cash reserves of the Su Group are money in the account, while Apple's cash reserves are not the case.

Apple's cash reserves refer to cash in a broader sense, such as highly liquid bonds or cash equivalents that can be quickly realized, short-term or long-term market bonds, long-term and short-term securities, including U.S. bonds, corporate bonds, and money market funds (MMFs).

In this way, the cash reserves of the Su Group are naturally more convenient than Apple, and if you need to use the cash reserves, the duty time will be much shorter

High cash reserves certainly have many benefits, but they are not without their drawbacks.

For a company, the significance of cash flow is unquestionable, sufficient cash reserves, which means that the company's operation is good, but also indicates financial health, and on the contrary, if the cash flow is tight all year round, it also means that the company's operating conditions are not so wonderful, which must have a lot of problems.

It can be said that cash flow is the lifeblood of an enterprise, and sufficient cash reserves can be used to cope with risks higher, and it is also possible to have sufficient funds for mergers and acquisitions, technology design and expansion of new businesses.

Moreover, in the development of enterprises, sufficient cash reserves can also be used to make up for the shortcomings in some areas, such as directly through the acquisition of enterprises or technologies, which requires sufficient cash reserves to be easily completed.

However, if the ultra-high cash reserves, and still more and more year by year, it can also be seen that the company's assets have not been well utilized, the profits have not been maximized, and no better investment projects have been found, and the cash has not been used in more suitable places, which can also be said to have money and nowhere to spend.

In today's business, cash flow is important, but if it is not fully utilized, it will depreciate, which is actually a failure.

However, Su's Group has no choice, not that it is reluctant to invest.

In fact, the investment of Su's Group in all aspects is very large, compared with the investment of peers, it is a small thing, but because the profits are too high, and there are no competitors, so as to achieve a near-monopoly of the market, its profits are rising, even if it is a super high investment, it is not possible to spend these profits, and the cash reserves are naturally getting higher and higher.

In this regard, Liu Yueying has been trying to reduce cash reserves, invest profits in expansion as much as possible, and develop new businesses as much as possible, and invest huge amounts of money in suitable projects, all in order to reduce cash reserves, so that these cash can be fully utilized as much as possible, rather than being devalued in vain.

But even so, the cash reserves of the Su Group have not decreased much, and with these new businesses, the rate of return is good, and after a period of time, the group's cash reserves have increased at a more astonishing rate.

Therefore, even if Liu Yueying did this as much as possible, she would still let the Su Group's cash reserves be as rich as the rest of the country.

There is no way, this kind of thing is unavoidable, and it is also something that all enterprises envy and hate.