diymy Chapter 109 Growing Big
Chapter 109 Growing Big
All of these involve real money or connections!
To put it simply, the shareholders of a light-asset company are likely the employees who started from scratch with the boss.
However, this is generally not the case for asset-heavy companies. In many cases, the major shareholders are powerful figures who bring their own capital to the company.
Clearly, Qiansheng Group falls into the latter category.
This also means that people like Gong Yanchang, who are both board members and powerful vice presidents of the company, are examples of this.
Originally a powerful force in its own right, joining Qiansheng Company means we can all work together to grow bigger!
This also means that this General Manager Gong's strength and autonomy are much greater than imagined!
Even the big boss of Qiansheng Group often has to discuss things with Gong Yanchang instead of giving orders directly!
Therefore, there is absolutely no doubt that Gong Yanchang is a business tycoon.
Jin Ningxin and Lü Xuan told Gong Yanchang what had happened.
Gong Yanchang immediately became interested: "This Director Wang is quite the business savvy; he managed to create a company worth over a billion so easily?"
We'll have someone conduct a business investigation right now!
This investigation revealed just how popular the Snow Tea brand has become recently!
We've already sold nearly a million cups of cup-packaged milk tea!
The number of businessmen who want to join Xuecha is countless, and Wang Xiaohao's statement is not an exaggeration at all.
However, just as Wang Xiaohao said, his subordinates lacked patience and dared not openly accept franchisees.
He is currently negotiating franchising with several large franchise operation companies.
However, Wang Xiaohao was not very willing.
As we all know, often the most important thing is not ownership, but the right to operate.
If the brand's operation rights are handed over to these operating companies, then Wang Xiaohao will directly lose control of the brand.
At that point, they might try to exploit the situation to make a quick buck and ruin his brand, and there'll be nothing Wang Xiaohao can do about it!
Gong Yanchang conducted further research on the milk tea market and found that the market had considerable potential.
If Wang Xiaohao's company is managed well, it's not impossible for it to grow to a scale of billions!
However, merchants are cunning, even if they know this.
Gong Yanchang then negotiated with Wang Xiaohao and managed to drive the price down to an extremely low level.
He was only willing to invest 50 million yuan to acquire 40% of the shares from Wang Xiaohao.
Wang Xiaohao almost lost his temper on the spot!
Gong Yanchang then realized that Wang Xiaohao was not a businessman at all and did not understand the business maneuver of asking for exorbitant prices and then negotiating on the spot.
He didn't want to push Wang Xiaohao too far!
After all, Jin Ningxin still wants to be in Wang Xiaohao's movie!
Ultimately, he acquired 20% of Xuecha's shares with an investment of 100 million yuan, becoming Xuecha's second-largest shareholder!
Of course, in addition to this, Gong Yanchang is also responsible for quickly setting up an operations team for Xuecha.
In addition, they are also responsible for getting Xuecha (a type of tea) into every Qiansheng Mall!
At the same time, Wang Xiaohao quietly placed his milk tea factory outside the Xuecha brand.
This means that Wang Xiaohao only sold 20% of the shares of the Xuecha brand.
The food factory in Heyin County still belongs to Wang Xiaohao!
Although Gong Yanchang also noticed this, he didn't care at all.
Because the production side was simply not a concern for Gong Yanchang!
These days, there are so many OEM manufacturers, and many brands are just operating the brand while outsourcing the production.
Gong Yanchang believed that Xuecha's business model was the same, and that Xuecha's current value lay in its brand.
The production side is exhausting and arduous, and it doesn't make any money at all.
I never expected that Wang Xiaohao would imitate the Mixue model from my previous life and directly treat the franchise stores as sales terminals!
Therefore, the production side, namely the factory in Heyin County, is still in Wang Xiaohao's hands!
After receiving the 100 million yuan, Wang Xiaohao immediately invested it in his factory in Heyin County, further expanding production.
At the same time, more than 200 million yuan was borrowed from the county and city levels, all of which was invested in the expansion of the food factory.
Both the city and county governments have been very cooperative in this regard!
After all, the situation for snow tea is very good. In addition, there is now a surplus of domestic capital, and local areas are very wealthy and have no shortage of money. They just lack good investment targets.
Snow tea is developing quite well now, and once it expands, it will bring a lot of jobs and tax revenue to the local area.
In this situation, the loan problem is naturally easy to solve.
However, the factory is expanding several times over in one go, and I wonder if the management capabilities can keep up!
In response, Wang Xiaohao also used Gong Yanchang's connections to hire several experienced managers to work at his factory.
Meanwhile, the management team dispatched by Gong Yanchang quickly took over Xuecha's franchise business and began the initial assessment and acceptance of franchise stores.
The first batch of ten franchise stores were approved in Beijing and several surrounding major cities.
Each franchisee has to pay an 80,000 yuan franchise fee and purchase 60,000 yuan worth of milk tea raw materials at once.
In addition, all milk tea franchise stores must have a unified style in their decoration and accept nationwide uniform pricing.
Of course, the headquarters will also send personnel to help franchisees with site selection, employee training, and so on.
Once these ten stores are nearly established, and we have gained experience and trained a number of staff, we will continue to expand with new franchise stores.
In just six months, Xuecha has already opened more than 100 franchise stores!
All of this was done under the circumstances of insufficient manpower and a reluctance to expand on a large scale.
Otherwise, if it were just about making easy money, they could easily have three to five hundred, or even more, franchise stores by now.
If management is inadequate, this brand will soon start losing money!
At the same time, it was fortunate that Wang Xiaohao's factory was expanded in time; otherwise, with the large-scale expansion of the franchise stores, the supply of raw materials would have been insufficient!
But that's all in the future.
Of course, Wang Xiaohao also paid a considerable price to get Gong Yanchang to agree to these conditions.
First, he signed a five-year contract with Wenhua Starlight for three computer-generated films, becoming a contracted director for Wenhua Starlight.
To put it bluntly, Wang Xiaohao is now one of the most sought-after and commercially successful directors in China.
Wenhua Xingguang is just a shell company that is not publicly listed.
Otherwise, if Wang Xiaohao had signed a directing contract with a listed company, such as Yuehai Company, it might have directly boosted the company's stock price by one or two points.
Yuehai Company is currently worth several billion yuan. If the price increases by one or two percentage points, it will be an increase of at least six or seven hundred million yuan, or even seven or eight hundred million yuan!