Yu Jiahao was indeed very excited, but also very calm, he said, "Yes, but this is the scale of assets, we have done a lot of work in the past year, just branches, more than 50 have been opened, all covering the county and central towns in the Lugang area, and at the same time extending to the surrounding areas, the opening of the provincial branch has made the sales scale up a notch." ”

He paused and said, "In the past year, Fenyuan's gross profit was 115 percent...... percent."

"Wait." Li Lu interrupted Yu Jiahao's words and asked, "Is it fifteen percent?" ”

"I'm not wrong, it's one hundred and fifteen percent." Yu Jiahao said with certainty, smiled, and continued, "There are two factors in this, the first is that the supply of goods exceeds demand, and the second is that our costs have been declining. The whole premise is that the volume has come up, and the cost has shown a continuous and substantial downward trend. However, according to the estimates of the operation team, the downward trend of costs has basically bottomed out, and the next step will be a stabilizer. ”

Li Lu was very surprised, and he said, "In other words, if we invest a hundred yuan, we can earn back one hundred and fifteen yuan." ”

"Yes." Yu Jiahao nodded affirmatively.

Li Lu shook his head and said, "I didn't expect Fenyuan to have gone so far." ”

He took a puff of his cigarette and said, "Old Yu, this situation won't last long. My opinion is to speed up the layout, basically complete the layout of the whole country this year, especially in coastal cities, and try to consolidate our foundation as much as possible before competitors flock to it. ”

Yu Jiahao said, "I just want to discuss with you on a large-scale expansion of the scope of business, in addition, our main business is home appliances." As the core business, this area focuses on development. In addition, I want to expand the scope of business, change the Fenyuan electrical appliance store into a department store, and include all the products that can be included, so as to increase the profit point. ”

Li Ludao, "Yes, but I still recommend focusing on urban commercial complexes." Beijing, Shanghai, Guangzhou, and now there is one more Shenzhen, as well as other provincial capitals, to build urban commercial complexes. The upfront investment is huge, but the future is bright. ”

"It's the big shopping mall you mentioned to me last time, residential, office, shopping, and entertainment?" Yu Jiahao frowned and said, "This is an asset-heavy project, I calculated it, it will be difficult to recover the cost in less than ten or eight years, do you want to think about it again?" ”

Li Ludao, "At most, three or five years, or even shorter." Spending the main funds on the opening of a branch store in a wide net is admittedly profitable in the short term, but it is not a long-term solution. After the market is opened, there will be more stores of various styles, and in terms of pure retail, our advantages will become less and less obvious. ”

"The main problem is that the consumption level in most areas is difficult to reach our mental level, so even if we open branches across the country, we must be strictly selected. The urban commercial complexes I mentioned, the current situation, have this consumption power to support, just a few cities. The capital, Shanghai, Wuhan, provincial capitals, Shenzhen, several industrial cities on the northern coast, Hangzhou, Nanjing, Ningbo, etc. in Jiangsu and Zhejiang, are estimated to have to be placed in the second batch. Therefore, in terms of risk, it is still controllable. ”

Yu Jiahao nodded slightly and said, "First of all, we will build urban commercial complexes in Beijing, Shanghai, Guangzhou and Shenzhen, and at the same time open branches in provincial capitals across the country." What do you think about this as a goal for this year? ”

"Absolutely." Li Ludao.

Yu Jiahao asked, "How to solve the land problem?" According to the blueprint you've sketched, that's going to take a lot of land. ”

Li Lu said, "Red Star Real Estate Company has completed the registration in the provincial capital, and Red Star Real Estate Company is responsible for solving the land problem." Fenyuan here, you focus on doing a good job. Refer to foreign experience and combine your own situation. ”

"Hmm." Yu Jiahao jotted down the key points in his notebook, and at the same time said, "The city came to me and hoped that Fenyuan Company could participate in the restructuring of the department store." When it comes to the reform of state-owned enterprises, I don't dare to agree to come down and see what you mean. ”

Li Lu was stunned, "City department store? ”

"Yes." Yu Jiahao smiled and said, "In the second half of last year, they had already beaten flies, and the efficiency was getting worse and worse, and I heard that they couldn't pay their wages for two months." Oh yes, the union leader of the city department store went to the city government to ask for money a few days ago, and I heard that there was a quarrel. ”

Li Lu said with a smile, "I was surprised by the courage of the city leaders. The restructuring of Yangcheng Second Transport Company has been proposed for more than half a year, and there has been no progress. The leaders of our inland port side, relatively speaking, are quite bold. ”

"Lao Li, don't forget, the first private enterprise in the country is your Red Star Factory, and the first joint-stock joint venture company is our Fenyuan Company. You have set a precedent, and the city leaders have seen the results, and they will naturally be more confident. At present, the whole country is engaged in the economy, crossing the river by feeling the stones, and the dry port is in the front. Yu Jiahao said with a smile.

"That's true." Li Lu said with a smile, "I am very fortunate that the leaders of our inland port area are enlightened and have a market economy vision. This directly determines our living environment. ”

"Yes, this is an objective fact. I have been in a lot of cities, and the overall feeling is that even the leaders of our inland port area have a deeper understanding of the market economy than the leaders of many provincial capitals, including several special economic zones. Yu Jiahao said.

Li Lu smiled and asked, "How is the situation over there in Tangshi Electronics Factory?" ”

"It's going well, Toshiba's TV production line has begun to be installed, and it is expected to start production in early April, and the production work will start after the Spring Festival." Yu Jiahao said.

In the investment cooperation with Pujiang District, Pujiang District organized Shanghai Television Factory to support a group of people and some technologies, and has begun to participate in the work.

Li Lu is more concerned about Tangshi Electronics Factory, which is the original team engaged in electronic technology in the future, and he is ready to put Ye Bintong, the father of radar, into it, so Tangshi Electronics Factory is very important. From one point, it can be seen that Li Lu attaches great importance to Tangshi Electronics Factory is an independent enterprise, and there is no affiliation with Red Star Factory and Fenyuan Company, but an independent enterprise established in the name of Cai Yefen.

It is Tangshi Electronics Factory that plans to sign a cooperation agreement with Mobiro Communication Company, which shows that Li Lu attaches great importance to this factory.

It's just that at present, because the first production of TVs is made, and the joint venture factory with Mobiro Communications Company is still only a planning drawing, Yu Jiahao is in charge here. Yu Jiahao is very smart, he knows the status of Tangshi Electronics Factory, so he has never proposed to include Tangshi Electronics Factory in the Fenyuan system, and he will not ask Li Lu for equity.

In fact, after a year of development, Yu Jiahao is already very clear about a fact. For Li Lu, Fenyuan is just a money-making machine, and Red Star is the place where Li Lu has poured his ideals. He has nothing to be dissatisfied with this, and his ideals are striving for the future. This is where he can complement Li Lu.

Li Lu said to Yu Jiahao, "Lao Yu, you can just take the idea of participating in the restructuring of the city department store, I don't have any opinion." This is a way for Fenyuan to quickly expand its scale. Of course, you can also contact the supply and marketing cooperatives, and the market in towns and villages cannot be ignored. An old comrade-in-arms of mine works in the Lugang Supply and Marketing Cooperative, and I will give you the contact information when I go back. ”

"This is great, relatively speaking, I prefer supply and marketing cooperatives, their points almost touch the grassroots, much better than department stores." Yu Jiahao was very happy.

Li Lu got up and patted his buttocks, and said, "How about having breakfast at my house?" ”

Obviously, after this short meeting, even if Yu Jiahao still needs to repay, Li Lu will not listen to it again. In fact, Yu Jiahao also discovered that some things that should have been reported before were no longer up to the standard of reporting on Li Lu's side at this time.

Yu Jiahao smiled and said, "No, I rushed back to the company and held a summary meeting after breakfast." ”

He didn't ask Li Lu if he would participate, because Li Lu would definitely not participate.

"Okay, I won't keep you."

Seeing Yu Jiahao get in the car and leave, Li Lu walked home, and happened to see the fifth sister running out and shouting his name to go home for breakfast.