【Chapter 905】 Mid-Year Newsletter (Ask for Subscription!) )
After the signing ceremony of Newcastle FC, the new management took office and began to purge the club, which is understandable.
At the same time, Alain. Shearer began waving cheques and asking other clubs for some of the biggest names in the club, giving the outside world a sense of the club's ambitions.
Football circles are unanimously optimistic about Newcastle's prospects, after all, Newcastle has the support of all Newcastle citizens and even the entire north of England, and if there is a huge injection of money, take-off is just around the corner.
Although Xiao Feng and his 'Mirror Lake Group' cannot be compared with the oil consortium behind Sulman, the huge wealth of $20 billion and increasing at a very high rate can still lay a better foundation for Newcastle in the future.
What's more, behind the 'Jinghu Group' is a huge Chinese market, which is destined to be a bright future for the commercial development of Newcastle Club.
In the past few days, in addition to reporting on the World Cup that is getting better, the media in England has reported and analyzed every move of the Newcastle club, which has also made many fans have more after-dinner conversations.
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The sensation caused by the acquisition of Newcastle Club did not put Xiao Feng in his heart, and after handing everything over to the management led by Xiaobei, Keegan, Shearer and Sister Peony, he returned to the "Dream Ranch" on the "Nini".
The child is not yet full moon, Xiao Feng is not willing to run around for a long time, staying at home and accompanying his wife and children is the most important thing for him.
When Xiao Feng returned home, the two little ones had already weighed more than 4 kilograms, and they had grown up like a blow, and their bodies were very healthy.
Although they are twins, on the basis of good physique and adequate nutrition, Xu Mengyao's milk. Plenty of water. The doctor said that the child can be exclusively breastfed until 100 days, and then gradually add complementary foods.
Xiao Feng returned to the ranch, and the popularity in the castle also skyrocketed, and only with the male owner's home can it be regarded as a real warm family.
In order to compensate for the mistakes of being busy outside during this time, Xiao Feng personally cooked for his family for several days in a row, which made everyone happy.
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'Dream Restaurant' has been open for two weeks. The hot business made Xing Wenjun, who presided over the work of the restaurant, happy!
Although Xing Wenjun has no shares in the restaurant, his income is closely related to the income of the restaurant, 5% of the annual net profit will become the year-end bonus of all employees of the restaurant, as the general manager of the restaurant, Xing Wenjun will have a 1% dividend ratio,
Don't underestimate your 1%, 'Dream Restaurant' is aimed at high-end catering, and the profit margin is quite high, and it can even be described as windfall profits.
This is half a month. On average, the 'Dream Restaurant' receives about 800 customers per day, and the average per capita consumption will not be less than 200 US dollars, which means that the daily income of the restaurant is 160,000 US dollars.
According to the restaurant's internal accounting, the gross profit of the restaurant's turnover exceeds 60%, and even after deducting employee salaries, asset depreciation and tax rates, etc., the profit on deposit exceeds 25%.
In this way, the net profit that 'Dream Restaurant' can bring to it reaches an astonishing 40,000 yuan per day, or 10 million US dollars in a year! And. As the reputation of the 'Dream Restaurant' grows, so does the number of customers who come to dine. Making more than $20 million a year is not a difficult thing to do.
When that day comes, Xing Wenjun's 1% dividend will be more than 100,000 US dollars, which is not a small amount!
Since he began to serve as Xiao Feng's personal legal assistant in China, Xing Wenjun's income has also risen, from an annual salary of 100,000 yuan at the beginning to 50/800,000 yuan at the end, reaching an annual salary of one million yuan last year!
For Xing Wenjun, who was born in an ordinary family. Following Xiao Feng became the biggest turning point in his family's fate, and he was very glad about his original decision.
After coming to the United States, although Xing Wenjun could not continue to provide legal services for Xiao Feng, Xiao Feng, who missed his old feelings, arranged him to be the person in charge of the 'Dream Restaurant', which also allowed him to find the second spring of his career.
Because of the grand opening ceremony and the recommendation of many celebrities and celebrities. Upon its opening, Dream Restaurant became Montana's most famous fine dining restaurant, attracting many shoppers from far and wide.
Among the guests in the restaurant, in addition to a small number of Chinese tourists who come to the 'Dream Scenic Spot', a considerable number of them are American guests who come to visit.
Nowadays, the speed of online information is extremely fast, and the comments posted by these guests on the Internet after dining at the 'Dream Restaurant' also make the 'Dream Restaurant' even more famous!
Today, 'Dream Restaurant' has become one of Helena's most distinctive fine dining restaurants, whether it is authentic Chinese food or delicious Western food, it is quite satisfying to the American middle class!
Xing Wenjun is speculating that there must have been a special guest commentator from the Michelin jury who has already visited the 'Dream Restaurant', and maybe the name 'Dream Restaurant' will appear in the next edition of the 'Michelin Guide'.
Most of the ingredients in the 'Dream Restaurant' are from the top products of the 'Mirror Lake Group', and the few purchased materials are also from the channels of the 'Wharton Group', and the quality is guaranteed.
Coupled with the fact that the chefs of the restaurant are above the standard, a variety of factors have created the high quality of the 'Dream Restaurant' today, and it has only been on the right track for half a month after opening.
Therefore, when Xiao Feng came back from London, Xing Wenjun also reported to the big boss Xiao Feng with confidence, and won Xiao Feng's recognition and performance.
'Dream Restaurant' is an important project of the 'Kiang Lake Group's food terminalization, and new stores will be opened in Los Angeles, New York, London, Paris and other places in the future, so the operation of the old restaurant will be related to the future development.
According to Xiao Feng's understanding of business management, as long as a template is built, the subsequent expansion is just a game of increasing capital and manpower.
The success of both 'Jinghu Agricultural' and 'Mengyao Coffee' has confirmed this theory, and now 'Dream Restaurant' has also begun the process of accumulating strength.
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The initial success of the 'Dream Restaurant' is a happy event, and another happy event comes from the 'Dream Scenic Area', which has become the first choice for Chinese tourists to travel to the United States since the 'Ginkgo Night' was widely reported by the media.
During this period, large travel groups such as Huaxia Tourism and Kangwei Tourism, as well as local enterprises such as Haizhou, Yangcheng and Rongcheng Travel Agencies also contacted Yang Yuanhang. I plan to include 'Dream Spots' as part of my travel itinerary in the United States.
In this regard, Yang Yuanhang naturally will not refuse, after all, this is of great benefit to increase income and enhance the popularity of the scenic spot.
With the size and capacity of Brilliant Travel alone, the quota of 500 tourists with two flights per day is already the limit, so it is urgent to expand the source of customers.
When Xiao Feng was busy going back and forth between London and China. Yang Yuanhang has signed cooperation agreements with several domestic travel agencies and has begun to receive tourists to the United States from these travel agencies.
As a result, the number of visitors received by the 'Dream Scenic Spot' has increased to 1,000 per day, and the daily revenue of the 'Dream Scenic Spot' has reached $200,000 according to the average daily consumption standard of US$200 per person in the scenic spot.
Although the profit margin of the scenic spot is not comparable with that of the restaurant, according to the current trend of tourist growth, the profit brought by the 'Dream Scenic Spot' to the 'Jinghu Group' will not be less than 10 million US dollars a year!
In the future, with the continuous improvement of the popularity of 'Dream Scenic Spot' and the deepening of cooperation with major travel agencies, 'Dream Scenic Spot' will become another growth point for the group's income.
The high consumption level in the United States will also make the income of scenic spots continue to rise. Yang Yuanhang is confident to create another 'Mirror Lake Scenic Area' here, which is also a compliment to his career!
Therefore, when Xiao Feng returned to the 'Dream Ranch', Yang Yuanhang made a comprehensive report to Xiao Feng and was full of confidence!
Xiao Feng naturally recognized Yang Yuanhang's ability and loyalty, and he promised Yang Yuanhang to wait until the 'Jinghu Scenic Area' was publicly listed on the Xiangjiang H-share market. He will receive a 5% restricted stake and will be able to cash out three years after going public!
With the continuous expansion of the scale of 'Jinghu Group'. The pressure of external capital is also increasing, even if the group is not short of money, but it is inevitable to sell some interests and achieve even rain and dew.
However, the scale of 'Jinghu Group' is too large, and it is unrealistic to list it as a whole!
On July 1st. Xiao Feng got the financial report of the 'Jinghu Group' for the first half of 2014 in Beiping, which is a greater improvement than last year's year-end report.
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Today, the industries of 'Jinghu Group' are mainly divided into 'Jinghu Dairy', 'Jinghu Ranch', 'Jinghu Cuisine', 'Xiaojia Farm', 'Xiao's Winery', 'Mengyao Coffee' and several projects invested in the United States.
As for 'Colorful Sunshine', 'Colorful Fruits' and 'Jinghu Agricultural Products', they are more of the personal assets owned by the Xiao family, in a sense. It is an enterprise attached to the industrial chain system of 'Jinghu Group'.
Therefore, although these three companies are developing well, they cannot be included in the financial reports of the 'Jinghu Group', and Xiao Feng needs to see their data in other reports.
The project of 'Mengyao Coffee' and the United States is still in the investment stage, and there is not much output and profit for the time being, so it is ignored in the report, and this mid-year financial report presents more of the status of various industries in Ginkgo Village.
In the 'Jinghu Group', 'Jinghu Dairy' still plays a considerable part of the various turnovers and has become the main force of the group's rapid development.
In the past six months, the 160,000 high-quality Holstein cows with stable milk production at Jinghu Ranch can provide 8,000 tons of fresh milk per day, providing a steady stream of top-quality raw materials for Jinghu Dairy.
This fresh milk can be made into 1 million cans of 'Jinghu Milk Powder' or 4 million pieces of liquid milk, bringing more than 200 million RMB of revenue to 'Jinghu Dairy'.
For this alone, 'Jinghu Dairy' has achieved an output value of 40 billion RMB in the past six months, accounting for 60% of the entire group's revenue!
In the first half of 2014, Jinghu Group achieved an output value of 70 billion RMB, and when the sales peak arrives in the second half of the year, the group's revenue will further increase.
In this way, the revenue of 'Jinghu Group' in 2014 is expected to reach 150 billion RMB, and the profit will reach an astonishing 40 billion RMB.
According to the average price-earnings ratio of 20 times that of the current entity listed enterprises, if the 'Jinghu Group' wants to be listed, the plate will at least exceed 800 billion RMB, nearly 130 billion US dollars.
Neither the stock markets of Haizhou and Pengcheng nor the H-shares of Xiangjiang can accommodate such behemoths, but listing in London and New York is fraught with many uncertain risks.
Besides, Xiao Feng, as the owner and controller of the main shares of the group, naturally does not want the group to be listed as a whole, which may gradually lose his control.
Therefore, after gradually weighing, Xiao Feng decided to take out the small plate and involve a wide range of 'Jinghu Scenic Area' to test the waters of Xiangjiang H-shares, so that some external forces could not be impatient.
In the first half of 2014, the 'Jinghu Scenic Area' received a total of 1.5 million tourists, and the 'Jinghu Company's revenue was 500 million RMB, and the profit was 100 million RMB.
Once 'Jinghu Scenic Area' is publicly listed with such a profit level data, the market value of 'Jinghu Scenic Area' will reach at least 4 billion RMB.
The 5% stake that Xiao Feng promised to Yang Yuanhang is worth 200 million RMB, although it will take three years to make a sale, but Yang Yuanhang will also become a billionaire because of this!
Since joining the 'Jinghu Group', Yang Yuanhang has changed from a penniless unemployed to a multimillionaire, a well-known elite in the industry, and now Xiao Feng has given him the opportunity to become a minority shareholder, which has made Yang Yuanhang have the idea of 'death for his confidant'.
In fact, Xiao Feng's promise to distribute shares to Yang Yuanhang was not only to buy people's hearts, but also because Yang Yuanhang's performance was worthy of this reward!
In the past five years, Yang Yuanhang has led his team to develop the 'Jinghu Scenic Area' from a state of poverty and whiteness to a well-known scenic spot with a reception volume of more than 1.5 million people in half a year, which can be said to have made great contributions.
Half a year after coming to the 'Dream Scenic Spot', Yang Yuanhang also built the scenic spot from scratch, so that it has begun to take shape as a profit.
Brought two cash cows to the 'Jinghu Group' and the Xiao family in a row, no matter how rewarding Yang Yuanhang is, he deserves it.
Regarding this point, Xiao Feng has also communicated with his family, and no one has raised any objections, after all, Yang Yuanhang's credit is there, and it is easy to lose the morale of the army if he is not rewarded!
Besides, now that 'Jinghu Group' has a lot of money, it can not only make the enthusiasm of the group's internal employees go to a higher level, but also attract more external talents to join, which can be described as killing two birds with one stone!
When Xiao Feng and the relevant details of the 'Jinghu Group' on the public listing of the 'Jinghu Scenic Area' were revealed, it also caused considerable repercussions in China. Because of this, people from all walks of life have made a lot of speculations about the assets of the 'Jinghu Group' and Xiao Feng's personal property, which is also very lively! (To be continued......)
PS: PS: The monthly pass has reached 400, I wonder if it will reach 450 tomorrow? Have a great weekend folks!