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Chapter 754: Strategic Contraction: Alternation of the Old and the New


"You and Chairman Fan have had many successful cooperation experiences before, so let's do business as usual.As for the amount of funds invested, Dean Zhou, you can do it. ”Xiao Bai responded with a smile, giving Zhou Siyi full autonomy."

Okay, I'll go to the magic capital tomorrow first, and if I can't solve any problems, I'll call you again.Then you're busy, I'm leaving. ”Zhou Siyi is a person who will never be verbose, he got up and left after speaking, and did not stay for a moment."

Dean Zhou!"

Xiao Bai shook his head with a smile, raised his wrist to look at his watch, and then left the office.Back at home, Liu Xiaoling was sitting on the sofa chatting with Jiang Xiaozhou."

Xiao Dong, are you back?"

Jiang Xiaozhou and Su Xinyan hurriedly got up and greeted Xiao Bai."

Xiaozhou, Xinyan, you sit.Xiaoling, you ask the kitchen to add a few more dishes, and leave Xiaozhou for them to eat at home at night. ”Xiao Bai asked Jiang Xiaozhou and his family to stay for dinner, and the two happily agreed.During the meal, Xiao Bai deliberately opened a bottle of Moutai and chatted with Jiang Xiaozhou while drinking.Liu Xiaoling and Su Xinyan went to the living room to watch TV after eating, and only the two of them were left on the dining table."

Dong Xiao, the situation has changed so fast in the past few years!

Nowadays, the Internet economy is booming, and offline physical store sales will inevitably be greatly affected.We Julong Electric Appliances still have a shopping mall as a supplement, and other home appliance chain companies are not so lucky, and there are not a few who have closed down in recent years. ”The two of them sat here pushing cups and changing lamps, and Jiang Xiaozhou couldn't help but sigh as he drank.With the sudden rise of online sales, the sales of Julong Electric's major stores are generally declining.The reason why the company can still maintain a relatively stable profit level is that Julong Mall has made a great contribution.Julong Electric is the largest shareholder of Julong Mall, and the integration of online and offline started very early, and now it reflects the effect of this layout."

This is the general trend, and the general trend is very difficult to stop.What's the next step for you and Mr.

Qin?

What are you going to do about it?

”Xiao Bai has not paid much attention to Julong Electric for a long time, and Julong Electric is at the end of the entire industrial chain of the times, and it is not a core industry.He is very relieved of Jiang Xiaozhou and others, coupled with a strict management system and audit system, the company has basically eliminated the possibility of major problems.Now that he heard that Jiang Xiaozhou was pouring bitter water, Xiao Bai's expression was also a lot more focused."

The company has stopped offline expansion in recent years, and the number of stores has basically remained at the original level.Due to the large proportion of free real estate owned by group companies, the profit pressure is not obvious, but the profit margin of listed companies has actually been declining since last year. ”Julong Electric is not listed as a whole, and the ownership of its own commercial real estate is concentrated in the group company, and there are more difficulties on the part of listed companies.Jiang Xiaozhou originally didn't plan to complain to Xiao Bai, but after the efforts of him and the company's management, he found that there was little success.Therefore, he took the opportunity to meet in private and wanted to ask Xiao Bai for advice.Xiao Bai nodded after listening and motioned for the other party to continue."

I discussed with Mr.

Qin and planned to gradually reduce the number of stores, including both group companies and listed companies."

Jiang Xiaozhou told Xiao Bai that because the stores of listed companies are basically rented.Except for a part of the commercial real estate belonging to the group company, most of them are rented from various sources.Housing prices have risen sharply in recent years, and even the cost of rents has risen sharply, so reducing the number of stores has become an inevitable choice."

Xiaozhou, your plan is generally fine.But there are still many things that need to be worked out in terms of specific details.My idea is that in the future, the group company will gradually withdraw from the commercial retail business, and all rented stores will be closed.Most of the self-owned commercial properties can be rented to listed companies at an appropriate price. ”The business model of household appliance chain sales is declining, which is caused by the general environment.But this model is certainly not going to die, it is just that the market share is shrinking.Xiao Bai thought about it for a while, it is difficult for Julong Electric to maintain the current plate for a long time, so there must be a trade-off.There is no need for group companies to share the limited sales market with listed companies, and it is also a good choice to gradually turn to a holding company in the future.The group company withdrew from the sales market and concentrated its retail business on listed companies.By virtue of the cooperation with Julong Mall, the profit margin of the listed company has been guaranteed to a considerable extent.At the same time, a large number of commercial real estate under the name of the group company can also bring huge benefits.Add to that the stake in other companies, and a holding company is formed."

Xiao Dong, if you do this, the group company will have to give up a part of the profits.However, it was a really good idea and solved the dilemma of listed companies in one fell swoop. ”Jiang Xiaozhou actually thought of this plan, but he really couldn't make suggestions for the transformation of the group company, and it could only be considered by the shareholders.After all, the withdrawal of the group company from the retail business is still somewhat of a loss to the shareholders.Now that Xiao Bai has taken the initiative to propose this plan, the rest of the things will be much easier."

Xiaozhou, you go back and make a detailed plan with Mr.

Qin.In addition, taking advantage of this major adjustment, the company's management's shareholding in listed companies can be increased. ”Xiao Bai considered that the current stock price of Julong Electric Co., Ltd. is relatively low, and he plans to let Jiang Xiaozhou repurchase shares after a while.Part of the repurchased shares can be used as a reward for selling to the company's executives, and the other part can be written off or placed in a special account for a later date.However, he didn't give Jiang Xiaozhou too much detail about this idea, but only nodded vaguely."

Okay, Xiao Dong, I understand."

Jiang Xiaozhou was obedient and immediately understood Xiao Bai's intentions.Next, the two stopped talking about the topic and chatted some gossip.When the time was almost up, Jiang Xiaozhou proposed to say goodbye, and then left with Su Xinyan."

Brother Xiao, is there anything Xiaozhou looking for you?

He's been here twice lately, and I'm guessing he needs your help with a personal matter. ”After the guests left, Xiao Bai walked into the study.When Liu Xiaoling brought him fruit, she asked casually."

How can I say it, Xiaozhou looking for me should be considered a business matter, right?

Of course, it also involves the personal interests of the company's management, which can be regarded as both public and private. ”Xiao Bai explained with a smile, Jiang Xiaozhou came to him on behalf of the company's management, and they all wanted to know how to adjust in the future, which would inevitably touch the interests of some people.These people have made great contributions to the development of the company, and Xiao Bai will not unload the mill and kill the donkey.Therefore, it is appropriate to let the management increase the holdings of listed companies in order to calm people's minds.After listening to this, Liu Xiaoling smiled slightly.She told Xiao Bai to take a shower and go to bed early, then turned around and walked out of the study.She thought Xiao Bai's handling was perfect.Following.Xiao Bai spent the whole morning in the office on official business, and he was busy until noon, when he got up and left the headquarters park and took a car to a Cantonese restaurant.At noon, he and Li Longbin made an appointment to have lunch together, and then they would go to play ball together."

Xiao Dong, you are right to think so!

Now with the Internet, sales channels are no longer limited to store sales, and it is beneficial to moderately reduce the number of stores. ”During the meal, Xiao Bai told Li Longbin about the adjustment plan of Julong Electric, and the other party expressed his support.In this way, Julong Electric (Group) Company is bound to lay off some personnel.I think that part of it can be diverted to listed companies and Julong Mall, and the other part can be diverted to Julong Logistics, so as not to cause too much turmoil. ”Xiao Bai still pays attention to the issue of employment, and the reduction of personnel is very simple, as long as a certain amount of compensation is given according to the regulations.But it's best to digest it internally.As for those who took the initiative to leave, then he didn't need to worry about it.Li Longbin shook his head with a smile and didn't answer Xiao Bai's words.This kind of thing can be done or not, it depends on the mood of the big guy.After dinner, the two took a ride to the golf club.Not long after the two arrived at the place, Yang Xuecheng and Cheng Liyong also arrived.Kangjia Electronics is currently nominally talking about Yang Xuecheng, but in fact, Cheng Liyong is the real power, he shares most of the company's work, and has replaced Mr.

Yang to a large extent."

Mr.

Yang, how is your health lately?"

Cheng Liyong accompanied Li Longbin, Xiao Bai and Yang Xuecheng on the court while playing and chatting."

I have a lot of time to exercise now, and I'm getting stronger!

Mr.

Xiao, Cheng Liyong is a good operator, and he can already replace me as the general manager of the company.As for me, I'm also a little bit unable to do anything, and I'm going to retire anyway by next year. ”Yang Xuecheng was unwilling to fish in the company for a long time, so he planned to retire early.Of course, it would be better if you could get an annual salary of hundreds of millions after retirement.It's just that this kind of good thing doesn't exist in the era system."

Okay, you can step back at any time.Then you continue to be a director in the electrical holding (group) company, isn't it good to earn millions more a year?

”Xiao Bai did not dissuade Yang Xuecheng this time, the other party's departure at this time will not affect the normal operation of the company, and the transfer of power to the general manager will not cause any waves.Speaking of which, Cheng Liyong's wrist is very strong.Don't look at the other party's qualifications, he quickly opened up the situation after coming to the company, and a large number of young cadres gathered around, and the right to speak in the company was second only to Yang Xuecheng.Coupled with the appropriate help of Yang Xuecheng, Cheng Liyong had already completely controlled the situation.Therefore, Yang Xuecheng proposed to retire, and Xiao Bai agreed.At the same time, Xiao Bai also reserved a position as a director for Yang Xuecheng in the electrical holding (group) company.This position does not require clocking in and out, and it is basically indifferent.To put it bluntly, it is the welfare treatment given to the other party.Kangjia Electronics Group Co., Ltd. has developed to this day, and Yang Xuecheng has played a vital role.The other party was originally going to retire a few years ago, but because the successor was not arranged, he worked for a few more years, which made Xiao Bai and Li Longbin very moved.Those who dedicate silently will naturally have corresponding rewards.Therefore, Yang Xuecheng was not polite and happily accepted Xiao Bai and Li Longbin's intentions."

Xiao Dong, Li Dong, Li Yong, you guys play, I have a step ahead.In a few days, I will invite everyone to dinner, and then we will have a good gathering. ”Yang Xuecheng chatted with Xiao Bai for a while, and then made an excuse to leave first.His retirement application has been approved, so Xiao Bai and Li Longbin must have something to talk about with their successor Cheng Liyong, and it is not appropriate for him to be present.After Yang Xuecheng left, the three continued to play for a while.When the time was almost up, they left the club together and went to the seaside holiday villa to eat seafood."

Mr.

Cheng, Mr.

Yang has decided to officially retire, and I have approved his application in principle.So, after Mr.

Yang leaves, Dong Li and I plan to let you take over his position, what do you think?

”Xiao Bai and Li Longbin have already communicated many times about this matter, and Yang Xuecheng's departure is a foregone conclusion, it is nothing more than a matter of a few days earlier and a few days later.On the road just now, Xiao Bai and Li Longbin were in the same car, and the two had already exchanged opinions.Therefore, Xiao Bai's conversation with Cheng Liyong at this time was more like a routine."

Xiao Dong, Li Dong, thank you for your trust in me.I learned a lot from Mr.

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Yang and accumulated a lot of experience.I think I will definitely work extra hard to take the company to the next level. ”When Cheng Liyong heard Xiao Bai's words, he only felt a surge of enthusiasm.Although he had expected the current result, he was still very excited when Xiao Bai talked to him formally.He immediately expressed his stance and determination.Li Longbin saw it clearly on the side, so he said with a smile: "Don't say these clichés, you have to come up with a practical plan and use data to speak." ”At this point, Cheng Liyong's appointment as the director and general manager of Kangjia Electronics Co., Ltd. is a foregone conclusion.Cheng Liyong is really good at doing things, otherwise, how could Xiao Bai and Li Longbin accept each other into their small circle in a short period of time?

Being able to squeeze into this small circle is much better than the position of a general manager.Subsequently, Cheng Liyong briefly talked about his development of new business and investment in Vietnam.The company has now launched upgraded products for color TVs,In addition to the first-step4KThe high-definition TV,Internet TV、New products such as smart TV have also come out in turn。

At the same time, the company's small household appliances division has developed rapidly, and the company's products cover almost all aspects of household appliances, and the sales volume is not bad.The factory in Vietnam is running smoothly, avoiding some regional risks, and also adding some cost advantages.After Cheng Liyong finished speaking, Xiao Bai and Li Longbin looked at each other and smiled.However, neither of them expressed their position, but changed the topic, chatting about some things while drinking.The meal lasted until after ten o'clock in the evening, and Li Longbin and Cheng Liyong were too lazy to move, so they stayed in the holiday villa to rest.Xiao Bai took his own car and returned home.