After reading the CFC's situation, Zhang Zhonghua looked at the situation of Carrefour Supermarket, another cash cow company of the Jade Emperor Group.

It is hard to imagine that the supermarket in the 60s was so profitable, far more profitable than before Zhang Zhonghua's rebirth, and it was a huge money printing machine.

Today, Carrefour Supermarket has 140 super comprehensive supermarkets in Dongying, basically covering the main business and living areas of Dongying, becoming a veritable supermarket giant in Dongying, and has no rival in the entire Dongying.

Each Carrefour supermarket basically covers an area within a radius of 5 kilometers, and each supermarket can serve more than 200,000 people, and the average number of customers per day is about 40,000.

After a period of development, the average turnover of a single store of Carrefour supermarkets is close to 500,000 US dollars, the average profit is between 35% and 45%, the average daily profit of each store has reached between 180,000 and 200,000 US dollars, and a small number of supermarkets will exceed the turnover of 200,000 US dollars.

Carrefour's 140 supermarkets as a whole have an average daily profit of an astonishing $27 million, a monthly profit of nearly $800 million, and an annual profit of nearly $10 billion.

Zhang Zhonghua had a headache when he remembered the account balance of Carrefour supermarket, and now Carrefour has a balance of up to five billion US dollars, which is still the balance after repaying all bank loans, and he really does not owe loans to various banks now.

Zhang Zhonghua wants to continue to borrow from banks, but there are too few areas that can be entered now, and the annual interest on bank loans is more than 100 million Hong Kong dollars, and the loan does not need to be a waste.

Carrefour's supporting companies are also as high as 16, which greatly makes up for the group's shortcomings in the supply chain and allows Carrefour to expand without scruples.

At the same time, Carrefour has also established procurement centers in dozens of countries around the world to reduce costs and increase sales profits, and at the same time, there is no middleman to make the difference, so that the price of Carrefour goods is lower than the market price, and improve competitiveness.

At the same time, Carrefour supermarkets are sufficient, providing enough capital for the group's overseas expansion, and Zhang Zhonghua feels that it seems that it is time for Carrefour supermarkets to step out of the Dongying market.

The Carrefour team and the CFC team cooperate with each other and have also planned to enter the European market and explore overseas markets.

With nearly 600 stores in Europe, the super retail giant Tesco is a giant in the world.

There are also many other regional supermarkets in Europe, and the competition is very fierce.

As for Carrefour in Gaul, the world's future second-largest retail group, it was founded in 1959, and its first flagship store has only opened a few years ago.

Thanks to the Gallic people's frequent strikes, now Carrefour has not yet come out of Gaul, and the CFC catering company as a victim is also deeply sympathetic to Carrefour, and will be in Gaul in the future, and the copycat Carrefour will replace Carrefour to expand globally.

Carrefour has selected 300 stores in several European countries and is now renovating its stores, although the process is still slow.

Europe now has a maximum of seven or eight hundred stores, which can basically block the back road of other competitors and seize the market first.

At present, Carrefour supermarkets in Europe adopt an asset-light operation mode, not to mention that the current European industrial system is still relatively complete, so prices are relatively stable.

Moreover, supermarket properties in Europe will not be like Dongying, because the business is better, so the price will rise wildly, which will affect the cost of the supermarket.

In the future, Dongying property will rise to sky-high prices with economic development, and properties in Southeast Asia will be speculated by tycoons on Hong Kong Island to sky-high prices, and the asset-heavy operation of Jade Emperor Group's companies is limited to Dongying and Southeast Asia, and the future development is too fast.

Zhang Zhonghua doesn't want the group's CFC restaurant and Carrefour supermarket to become a landlord in the future, and the rent in Southeast Asia will inevitably increase 100 times in the future, which will greatly encroach on the supermarket's profits.

The Carrefour team is led by He Rongfei to develop very assured, the broad prospects and profits of the supermarket are enough to recruit countless outstanding talents, and the cultivation of talent reserves is also the top priority of the development of the supermarket.

Speaking of the retail industry, we have to mention the development of convenience store Homemart, since I planned to enter the convenience store field in October, and now it has been three months and the progress is very rapid.

Homemart has purchased 6,000 stores in Dongying in the past three months, and the area is about 100 square meters, so it is much easier to decorate the supermarket.

Zhang Zhonghua clearly knows that 7-Eleven has as many as 20,000 convenience stores in Dongying, of course, it is the end of the 60s, and it is relatively easy for the market to support 12,000 stores.

Although HomeMart has not yet opened, it is also entering the European market following the pace of Carrefour supermarkets.

The convenience store has the cooperation of CFC catering company and Jade Emperor logistics company, and it is still easy to choose a storefront, and there is a Homemart convenience store near each CFC restaurant.

The difficulty of choosing a convenience store is very low, and a CFC restaurant should have at least 40,000 or 50,000 people in the vicinity, and a convenience store can support the convenience store market with only 1,000 households.

When convenience stores became popular, there were only seven or eight stores on a street, and many of them were mom-and-pop stores, which showed that convenience stores were quite profitable.

The profits and market of convenience stores are a bit too terrifying, and in the future, 7-Eleven will have as many as 70,000 convenience stores in the world, and the second giant of convenience stores, FamilyMart and the third giant, Lawson, can also have tens of thousands of stores.

Thinking of the broad market prospects of convenience stores, the Jade Emperor Group is another proper cash cow, and it is easy to beat CFC restaurants.

Homemart has countless innate advantages, almost completely drawing on the successful experience of 7-Eleven, and has strong capital support, other companies stand at the starting line, Homemart is close to the finish line.

Thinking of the end of 7-11, Zhang Zhonghua couldn't help laughing, the future of 7-11 must be very interesting. When the Jade Emperor Group acquired 7-11 and incorporated it into its command, then the two convenience stores of 7-11 and Homemart began to compete with each other, and there were too many cases where the boss and the second brother fought and the third disappeared.

In 1973, Dongying Yinto Yokado Company signed a regional franchise agreement with Chokokuni Southern Company, and 7-11 subsequently entered the Dongying market. In 1987, the company failed to diversify and filed for bankruptcy three years later. In 1991, Yoon bought 73 percent of the company's shares, becoming the largest shareholder of the company.

It can be said that without Toei Yin Teng Yokado to introduce 7-11 to Toei, and without Yin Teng Yokado to make 7-11 bigger and stronger, 7-11 would have gone bankrupt and disappeared into history.

In a year or two, HomeMart will occupy the Dongying market, and then liberalize the franchise policy, I don't know if Yin Teng Yokado will introduce 7-11 into Dongying.

Jardine Matheson on Hong Kong Island has little chance to introduce 7-Eleven into Southeast Asia, and Hong Kong Island has prepared hundreds of stores for Homemart, even if it enters Hong Kong Island, there are no good stores.

The next two years will be the golden three years for Carrefour supermarkets and Homemart convenience stores, as long as they occupy the Asian and European markets, they will soar to the sky and truly become the retail hegemon!

The two major cash cow companies under the Jade Emperor Group have developed well, and it is really refreshing to think that other companies are making good progress.

Yuhuang Electric is now also a small cash cow under the group, and it is also the company with the strongest scientific research strength under all the Yuhuang Group, with a team of nearly 2,000 scientific researchers today.

Fans, humidifiers, induction cookers, kettles, and electric cookers have long been sold well in developed countries in Europe and the United States, and household appliances such as rice cookers and microwave ovens also occupy a large market share.

The huge profits obtained by Yuhuang Electric Company are also basically used for the company's expansion and research and development of new products. In the field of major appliances, washing machines occupy a major share of the world, refrigerators and air conditioners have also applied for many technical patents, and with continuous investment in scientific research, I believe that sooner or later they will catch up with those giants.

The profit earned by Jade Emperor Electric in two years is also close to 700 million US dollars, which is not a good result compared with the other two cash cows. Today, it has more than 20 factories, distributed in four industrial zones in Dongying, with more than 1,000 technical patents, and the field of motors has almost reached the world's advanced level.

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When it comes to scientific research strength, the strongest is not Jade Emperor Electric Company, but Nippon Steel Corporation, the largest steel giant in Dongying. It has been a year since the merger of the two companies to form Nippon Steel, and the company has regained its former glory, and the company's scale, revenue, and scientific research capabilities have also made great progress.

Nippon Steel has 1,300 doctoral researchers, 2,500 master's researchers, and countless undergraduates. Nippon Steel and Toei's Polytechnic University have also deepened their cooperation, donating money to major polytechnic universities to set up laboratories, and the integration of industry, academia and research has laid the foundation for Nippon Steel to conduct research and human resources. Nippon Steel's generous treatment, heart-warming benefits, etc., have attracted countless science and engineering talents to enter Toei First Iron and Steel Company.

Nippon Steel Company's products are also more abundant, rails, section steel, round steel, cold-rolled steel plates, hot-rolled steel plates, tinplated plates, galvanized sheets, various steel pipes, alloy steel, stainless steel, milled iron, various billets, chemicals, etc. are more advanced, and the new company has also made excellent progress in scientific research to learn from each other's strengths and weaknesses.

To say that the fastest growing Jade Emperor Group is definitely the Jade Emperor Bank, which is completely expanding on a rocket, and there is no problem in ranking in the top 100 in the comprehensive strength of global banks.

After more than a year of development, Jade Emperor Bank has 18 branches on Hong Kong Island. After the development of 110 Jade Emperor Bank in Dongying, the number of branches in Dongying has also reached 160; There are 12 branches of Jade Emperor Bank; Since the opening of the Jade Emperor Bank branch in the City of London, it has grown to 40 branches in the UK.

In addition to these major regions, the Jade Emperor Bank has 15 branches in Gaul and 10 branches in West Germany, and the Jade Emperor Bank has also applied for banking and financial licenses in the Netherlands, Belgium, Austria, Italy and other European countries.

The rapid development of Jade Emperor Bank is inseparable from the efforts of Taipan Wang Puweishi, who has not only accumulated rich work experience in the banking industry for more than ten years, but also has no connections in the financial industry that ordinary financial professionals can match.

Of course, the development of Jade Emperor Bank is also inseparable from many factors, and it has developed so vigorously under various congenital conditions.

First of all, the business of Yuhuang Group is all over the country, and the group has many businesses such as catering, electrical appliances, procurement and so on;

Secondly, the employees of Jade Emperor Group around the world also support the employees of a bank, group and other companies, and the funds of hundreds of thousands of employees also increase the foundation of Jade Emperor Bank;

As the world's second largest developed country, Dongying has close economic ties with various countries, and Jade Emperor Bank also occupies the factor of time;

Many factors such as the favorable time, place and people of Jade Emperor Bank have laid a good foundation for international expansion, and of course, the backer of Jade Emperor Group should not be underestimated.

The Jade Emperor Security Company has now become a very interesting security organization, with more than 10,000 security personnel worldwide, composed of retired soldiers from more than a dozen countries, comparable to the United Nations peacekeeping forces.

The Jade Emperor Security Company is also a giant small army in the future, and the security personnel of various factories, supermarkets, banks, and companies may exceed 100,000 in the future.

At the same time, if the equipment of Somali pirates is upgraded in the future, the Jade Emperor Security Company will also deploy warships to escort the cargo ships of the Jade Emperor Group.

Zhang Zhonghua thought about the current scale of the Jade Emperor Group, starting from a restaurant and growing to nearly hundreds of thousands of employees, recalling that the company's development was really a fluke.

After so many years of development, the biggest turning point is that Zhang Zhonghua personally developed database software and compression software to start a series of grievances and grudges with IBM, and finally obtained a transfer fee of 1.5 billion US dollars from IBM to officially accelerate the take-off of Yuhuang Group;

With this astronomical amount of cash, Zhang Zhonghua's acquisition of Nippon Steel and the formation of Carrefour will be a matter of course.

It's really lucky to think about it, Zhang Zhonghua didn't think about it at the beginning, and he didn't expect that an inconspicuous compression software would be so valuable, he was still very panicked when he was sued by IBM just now, that's IBM, it's a supergiant, who is not panicking.

But the final result surprised Zhang Zhonghua, not only won the lawsuit but also made $1.5 billion, and he really understood the value of compression software after receiving the lawsuit, so he dared to offer a sky-high price of $1.5 billion.

Storage space is a rigid product for the development of computers, and his compression software directly doubles the storage space of the computer, and sometimes he feels that he is a child of the plane.

"Boss, I'm about to land at New York International Airport."

Zhang Long reminded.

His boss has been pondering all the way, sometimes showing some weird expressions, I don't know what idea of getting rich is thinking about it, but this has nothing to do with him, protecting the boss is the whole meaning of his life.