When I am reborn, I just want to be a top student

Tangdu City.

Three days have passed since Wang Donglai successfully landed in the return capsule.

If it weren't for Wang Donglai's strong insistence, it would probably have been delayed for a few more days.

After all, Wang Donglai is the first Chinese astronaut to go to the moon.

Although the data and information on the Houyi spaceship were transferred to the higher-ups, some crucial details were only understood by Wang Donglai, who had personally experienced the events.

Because this was a serious matter, Wang Donglai was extremely cooperative.

Otherwise, he would only be delayed for one day at most.

Tangdu City.

Wang Donglai returned to the headquarters of Galaxy Technology.

The current headquarters building of Galaxy Technology has long been a landmark building in Tangdu City.

After all, companies as large as Galaxy Technology are rare on a global scale.

Even just the few subsidiaries under Galaxy Technology would be considered giants anywhere.

Inside the headquarters' conference room.

Senior executives from Galaxy Technology gathered together.

Even with Wa's secret assistance, the number of senior executives has inevitably increased to this point.

Galaxy Technology's current staff size and business are simply too large and too numerous.

Without sufficient management, it simply won't work.

Everyone sat on the stools, and Wang Donglai's gaze swept across their faces.

"Alright, everyone, please report on your current situation. The year-end summary data should be almost complete by now."

Wang Donglai always gets straight to the point in meetings, getting things done quickly and efficiently.

"Let's report in seating order!"

Wang Donglai directly selected the order of reports.

Upon hearing this, Huang Zheng, sitting to Wang Donglai's right, remained calm and confidently reported: "Currently, our platform's GMV has reached 4716 billion yuan, a year-on-year increase of 234%; the number of annual active buyers on the platform has reached 4.185 million, a significant increase of 1.737 million compared to the same period in 2017; in Q4, the average monthly active users of the PinYiDao APP reached 2.726 million, with a single-quarter increase of 4200 million, representing a quarter-on-quarter growth rate of 18.2%."

"Full-year revenue reached 131.20 billion yuan, a year-on-year increase of 652%."

"Pinyidao's annual revenue is expected to be 125.6 billion yuan."

"Based on annual active buyers and monthly active users, Pinduoduo is the second largest e-commerce platform in China."

“平台活跃买家年度平均消费额达1126.9元，较2017年同期的576.9元接近翻倍；平台活跃买家年平均订单达26.56笔，较去年同期的17.55笔同比增长51%。”

“平台总订单量达111亿笔，较2017年同期的43亿笔同比增长158%；平台日均订单量由2017年的1180万单攀升至3040万单。”

"According to official data, 550 billion express packages were processed in 2018, and at least one out of every five packages came from our platform."

"The platform has 360 million active merchants and is expected to create more than 1000 million new jobs across society."

The other executives listening to Huang Zheng couldn't help but marvel at the rapid development of Pin Yidao.

Online shopping platforms are an extremely fiercely competitive industry, with established players like Taotian Group and JD.com, each with its own unique characteristics.

Not only can one fight one's way out of a fight, but one can also maintain such a terrifying growth rate, which shows how difficult it is.

However, at this time.

"When giving internal company reports, avoid using embellished language."

"The platform has 3.6 million active merchants, that's true, but where does the figure of over 10 million new jobs created across society come from?"

"Do these 3.6 million merchants only sell on our platform? Do these 10 million new jobs include delivery and food delivery? Do they include live-streaming e-commerce hosts?"

"In future reports, don't say how many new jobs we expect to create in society. Just say how many new employees we have recruited and what their educational background is. In my opinion, that's more important."

"Alright, you can continue your report!"

Wang Donglai's interruption and correction immediately made Huang Zheng, who had initially exuded a hint of confidence and pride, restrain himself.

"The platform continued to increase its promotional discounts and targeted subsidies, with total expenses for promotional subsidies and brand promotion activities reaching 187 billion yuan throughout the year..."

"The platform's current '10 Billion Yuan Subsidy' campaign has received strong support from retailers and brands, and has already partnered with more than 100 well-known domestic and international brands to promote significant price reductions and the 'Brands Going to Rural Areas' initiative..."

"As of now, the PinYiDao technology team has 2471 engineers, 341 of whom are focused on algorithm design and development. Next year, we will recruit 2000 more technical engineers to ensure the growth of the platform's business and the optimization of its service level."

"Through a rigorous big data risk control system and manual inspections throughout this year, the number of suspected illegal products removed from shelves was 280 times the number of complaints, more than 11 suspected illegal stores were shut down, and more than 5000 million product links were intercepted in advance."

"In the field of supporting agriculture, through the 'centralized agricultural product processing system' and the 'direct connection between mountain villages and communities' model, the total order amount for agricultural and sideline products reached 941 billion yuan, and the number of merchants registered in national-level poverty-stricken counties reached 21."

"Through its efforts to support farmers, the platform has helped over 87000 capable and highly educated new farmers return to their hometowns, directly connecting with more than 1100 million agricultural producers..."

"The 'New Brand Initiative' has successfully revitalized 1200 factories and businesses, and the platform will increase its support next year to cover all product categories on the platform."

Huang Zheng spoke without referring to a script; he spoke entirely from memory.

This also shows that Huang Zheng has a complete understanding of these data and information.

Wang Donglai nodded and said, "Yes, there is still room for growth in Pin Yi Dao. It's perfectly fine to seize this space through the 10 billion yuan subsidy campaign."

"However, we must not forget the core principle of our platform: to restrain our profit-seeking needs. We are merely providing a platform, and we must always maintain a service-oriented mindset to bring better services to merchants and consumers."

"The agricultural and sideline product industry chain you mentioned is a very good plan, and I will consider it later."

After making a couple of comments, Wang Donglai looked at Zhang Yizi.

"Two years after its IPO, Douyin has become a national-level short video product. As of now, it has more than 2.5 million daily active users and more than 5 million monthly active users in China."

"There are 6814 government accounts on the platform, which have published 32.1 videos and received a total of 44 billion likes."

"At the same time, there are 1824 media accounts, which have published more than 18.2 million videos and received a total of 29 billion likes."

"Douyin platform's annual advertising revenue was 194 billion yuan, Toutiao's annual advertising revenue was 347 billion yuan, and Duanzi's annual advertising revenue was 134 billion yuan. Advertising revenue accounted for 95% of the company's total revenue."

"We are heavily reliant on advertising revenue and are also facing a bottleneck in user growth."

Zhang Ziyi was different from Huang Zheng, and his report revealed some clues. Wang Donglai nodded and said, "I expected this."

"Douyin, Toutiao, and Neihan will all be split into separate companies. There will be a shareholding restructuring, and external capital will be introduced to launch an IPO plan."

"Of course, before all this work, the first thing to do is to promote the implementation of the employee stock ownership plan."

"Let me tell you about this first to put everyone at ease."

"The company's development to this point is not due to my efforts alone, but to the efforts of everyone."

“I will not treat those who contribute to the company unfairly. Employees have such high benefits and treatment, so it is impossible for you managers to be too bad.”

"Companies that can go public will give you a share of the profits, so achieving financial freedom for everyone here is definitely not a problem."

"Alright, continue the report!"

When Wang Dong said the word "listing," everyone's eyes lit up.

Although Wang Donglai had mentioned it before, he did not give a specific timeframe.

This time, however, is different.

This means that their shares will become valuable and turn into a lot of money.

As for Wang Dong's proposal regarding share restructuring, they are not worried.

As Wang Donglai said, if he is willing to offer such good benefits to ordinary employees, he certainly wouldn't treat these meritorious senior executives unfairly.

One hundred million is financial freedom, and so is one billion.

For a moment, even these executives who were used to seeing massive amounts of money couldn't help but feel excited.

After all, no matter how much money the company has, it belongs to the company, while their shares belong entirely to themselves.

After Huang Zheng came Baili Xiu.

"According to professional data, the majority of hair loss cases in my country are concentrated among men aged 25-45, accounting for 65% of the total. Among women aged 25-40, hair loss is mainly due to postpartum hair loss and stress, accounting for 30%."

"These two groups together represent a potential user base of 1.8 million."

"After two years of product demonstrations and word-of-mouth promotion, our conversion rate has reached 50%, but our repurchase rate is only 5%."

"Overseas, due to special reasons, we have withdrawn our overseas marketing channels and handed them all over to overseas partners, so the data is not valuable."

"Changqing Liquid's domestic profit data shows that its total sales this year reached 450 billion yuan, while its overseas sales figure is 942 billion yuan because sales are doubled."

When Baili Xiu mentioned this data, everyone present gasped in shock.

Galaxy Technology is so financially powerful that it can support the development of multiple business lines and offer such high benefits to its employees, entirely because it has several cash cows supporting it.

The advertising revenue of Douyin and Toutiao is already incredibly high in the internet industry.

However, only they knew that the Evergreen Liquid was the most terrifying.

The entire research and development process of Changqing Liquid did not cost much money; it was almost entirely done by Wang Donglai single-handedly.

Even the material cost of Changqing Liquid is not high.

Although they didn't know the specific formula and cost, as senior executives of the group, they still knew some of it.

While everyone was sighing inwardly, Baili Xiu didn't stop and continued to report: "Next is contact lenses. Sales in this area are far less than those of Changqing liquid. Chinese people are not very accepting of contact lenses, so sales are not high. The annual revenue is only 15 billion."

"Finally, there's our recently developed choleretic and liver-soothing tablets, which have already passed clinical trials and are currently under review. They should be available on the market within three months at the latest."

"Based on the efficacy of this choleretic and liver-soothing tablet, coupled with the scale of related diseases in China, we expect this drug to generate no less than 20 billion yuan in revenue next year."

"Furthermore, this scale will expand exponentially as sales channels expand and the treatment's effectiveness spreads, reaching 10 billion in one year and exceeding 30 billion in the third year."

"In addition, we are also developing several other products."

"To date, we have established 6 large-scale R&D centers and 14 laboratories across the country, and reached cooperation agreements with 27 universities and 68 top-tier hospitals nationwide."

"The number of R&D personnel has reached 1574, covering multiple fields, including 721 graduate students and 853 doctoral degree holders."

"We are constantly recruiting relevant R&D personnel, and we prefer quality over quantity. We expect to add 500 R&D personnel next year."

After Baili Xiu finished speaking, Wang Donglai spoke up.

"Changqing Liquid has been on the market for three years. The price can be lowered. Let's add it to the 10 billion yuan subsidy program to increase its popularity."

"After you go down there, do some thorough research on the domestic prices and determine the price that best suits the largest consumer group."

"Of course, for those high-value groups, we can also launch a new version, such as a flavored version."

“I have also seen many people say that our Evergreen Liquid has no fragrance and tastes bland.”

“We can add it now. The regular version will be discounted, and the flavored version will be 500 yuan more than the current price.”

"Remember to change to better packaging and make the design more exquisite."

"Make several different types of fragrances, but don't release them all at once. Just make sure there's a new product every now and then."

When Baili Xiu heard Wang Donglai say that, his eyes immediately lit up.

He quickly calculated in his mind that the number of consumers in China who could reliably and repeatedly purchase Changqing Liquid was only three to four million.

However, if the price drops, the number of buyers will increase dramatically, and product profits will also surge.

At this moment, Baili Xiu suddenly thought of a problem and asked, "Should the overseas price be changed? There are already many people who have been trying to transport Changqing Liquid from China to overseas markets to make a profit from the price difference. If the domestic price is lowered and the overseas price is not negotiated, it will only widen the profit margin."

After a moment's thought, Wang Donglai said, "Let's lower the price of the regular model. Since the price has been lowered domestically, overseas consumers are also consumers and should have the right to enjoy the price reduction as well."

"As for the fact that some people are profiting from this, it doesn't matter. They are just personal shoppers and backpackers, so it's harmless. As long as it's not a large-scale, systematic shipment, we don't need to worry about it."

"Of course, we still need to intensify our efforts to hold those responsible accountable and crack down on counterfeit and shoddy products in China."

"We cannot skimp on investment in this area; we need to anticipate future needs and scale up the scale."

Baili Xiu nodded, and immediately began to ponder it.

As everyone listened to the reported data, they couldn't help but marvel.

In just a few years, the company has reached this level, and they are fortunate enough to join such a truly great company, witnessing miracles and setting records. (End of Chapter)