We are all reborn, who wants to be the richest man?

Chapter 678 Logistics First
Magic City, Pudong New Area, Pangu - the Star of Magic City.

Every person who comes to Shanghai on business or as a tourist must visit here. This is like a business card of the rabbit facing the world.

"I feel like I'm in a dream. Is this really China?"

Looking at the high-rise buildings, steel torrents, and prosperity around him, Zhang Jianbang couldn't believe his eyes as he looked around on the pedestrian bridge.

"Yes, I originally thought that Pengcheng had developed fast and well enough. Over the past decade or so, we have watched it transform from a small village into what it is today.

When I first came to Shanghai, I felt quite proud. This big Shanghai that I always saw on TV was just like this, not as well developed as our Shenzhen.

But now I understand that there is always someone better than you, and I don’t blame my son for wanting to move the company’s headquarters here.”

These two people are Zhang Jianbang and Chen Shude, the parents of Zhang Qingyuan, the founder of Deppon Express, a domestic express delivery giant.

Now both of them have lived a retirement life. They just take a walk every day and take care of their grandchildren. Their life is very comfortable.

Zhang Jianbang was not as troubled as Zhang Qingyuan was when he first started his business, but it was a pity that he resigned to start his own business.

Now, every old neighbor who sees him would praise him for having a good son. To this, Zhang Jianbang would always puff out his chest and say, "Don't you see whose child the son is?"

Why did Zhang Jianbang choose to stay in the old house instead of living in the high-end mansion bought by his son? In addition to the vanity of his neighbors, it was also partly due to this.

But recently Zhang Jianbang also has a worry, that is, his son wants to move the company's headquarters from Pengcheng to Shanghai.

In Zhang Qingyuan's words, on the one hand, Shanghai is a financial center, and on the other hand, the next step is to capture the northern market.

Another point is the education of the next generation. Shanghai Star now has international schools from kindergarten to high school established by Victoria Education Group. Zhang Qingyuan attaches great importance to children's issues.

Zhang Jianbang scoffed at this point, thinking that education is the same everywhere.

"You are just a kid from the village, but now you have achieved such success, haven't you?"

“Dad, that was because I chose to go to Hong Kong Island and saw how big the world is.

I do not deny the education in our country. It is a remarkable thing in itself that so many people can receive nine years of compulsory education.

But to be realistic, there is a gap between current domestic education and that of top international universities. Otherwise, why does the country spend so much money every year on training talents through public-funded overseas studies?
You also want your grandson to win at the starting line, right? Otherwise, how can he keep the family business?"

This sentence touched Zhang Jianbang's heart, and he decided to come to the Magic City to take a look, just as a trip.

Who would have thought that Zhang Jianbang, who had sneered at the development of Shanghai after getting off the plane, had been grinning since arriving at Pangu-Shanghai Star.

He had seen tall buildings. There were several in Pengcheng, but why were there so many of them in this place?

Just as Zhang Jianbang and his wife were amazed at the condition of the Magic City Star, their son was also amazed.

"I really didn't expect that there would be such data in just three days."

Looking at the data sheet in his hand, Zhang Qingyuan couldn't believe it.

While I couldn't believe the data, I also couldn't believe that pie would really fall from the sky.

More than half a month ago, when the second largest shareholder of Deppon Logistics came to Zhang Qingyuan to make his demands, he was stunned.

Conquer the northern market and expand Deppon Logistics to major cities across the country?
“Let’s not talk about how to solve the funding problem, what about the customer source problem?

The situation is better in coastal cities, but inland cities now have their own logistics companies.

Debang’s advantage is that it can transport across cities and provinces, but this source of customers is not always available.

"I don't think Deppon Logistics needs such a large-scale expansion now."

Zhang Qingyuan refused. Facing Bai Miao, the deputy manager of the industrial investment department of the Rabbit Region of Far Eastern Bank, Zhang Qingyuan did not have the good temper he had with Liang Botao.

“We will solve your funding problem, and we will also help you solve your customer source problem.

However, after this wave of market conditions, how Deppon Logistics develops will depend on your ability."

"Huh?" Zhang Qingyuan was stunned. It seemed that there was something going on here. "Tell me about it."

"Several domestic home appliance companies invested by Far East have already prepared to cut prices across the board, and I believe other brands will follow suit. The price cut this time is very large, and I believe sales will not be small.

Our Honor Mall is preparing to deliver nationwide, and Deppon Logistics can fully cooperate with the several warehouses we have established in China to deliver nearby goods."

Big store bullies customers? It also bullies suppliers.

In first- and second-tier coastal cities, everyone who wants to buy home appliances and electronics doesn’t know about Honor Mall.

It is this huge sales channel and customer flow that allows Honor Mall to negotiate with every brand.

That is to put your goods in my warehouse for free in large quantities, and pay you at the end of the quarter after the sale. You can take the unsold goods back yourself.

This is true not only for domestic brands but also for foreign brands.

Relying on Far Eastern products to attract a large number of customers is the capital.

Zhang Qingyuan also saw the business opportunities here. Relying on the Glory Mall's current market situation, Debang's road to the Northern Expedition would get off to a much smoother start. However, there are pros and cons.

It’s still a funding issue. With such rapid expansion, financing and loans are inevitable, but Far East Financial already has a very high stake in Deppon Logistics.

Read more latest popular novels at 6.9*shuba!

In the seed round of that year, Zhang Qingyuan returned to Hong Kong Island to seek help and took out 20% of the shares. Later, Deppon Logistics went through two more rounds of financing.

Although other institutions participated in these two rounds of financing, Zhang Qingyuan still felt a little insecure because Far East Financial held more than 36% of the shares.

Same shares, different rights? Deppon Logistics may be eligible to propose this condition to some institutions, but it definitely does not include Far East Finance.

After another round of financing, Zhang Qingyuan's equity will be less than 50% or even 40%. Far East Finance will become the largest shareholder of Deppon Logistics, which is not what Zhang Qingyuan wants to see.

In the past, the two parties had cooperated very happily. Just like other companies invested by Far East Financial, they did not interfere in the management of Deppon Logistics at all.

But Zhang Qingyuan has to consider the next generation. Will Far Eastern Finance still trust his son as much as he trusts himself decades later? Can he let him take over smoothly?
Just refuse it. Without a doubt, the Far East Group will take the opportunity to support other logistics companies.

With Far East’s funds and business, Deppon Logistics will not only be able to penetrate the northern market, but will also face challenges in the southern market.

Zhang Qingyuan did not give Bai Miao an immediate reply, saying he needed to think about it.

This sudden change disrupted Zhang Qingyuan's development plan for Debang Logistics' Northern Expedition, and he seemed worried the whole day.

"What happened?"

During dinner, his wife saw Zhang Qingyuan looking conflicted and expressed her concern.

"Ah? Oh, nothing, just some company matters."

"Why don't you tell me about it? As the saying goes, those who are involved in the matter are often the most confused. Maybe I can give you some advice."

Zhang Qingyuan usually doesn't tell his family about company matters. He will only say a few words when his father Zhang Jianbang is around and asks him.

But what his wife said is also true. You know, his wife Chen Hui is also a college graduate and is not an uneducated rural woman.

So Zhang Qingyuan told Chen Hui everything that happened today and his worries, but Chen Hui laughed after hearing it.

"You, don't impose your ideas on Haohao.

Putting aside the question of whether he has the ability or not, are you sure that Haohao wants to be a businessman when he grows up?

And even if he does business, does he necessarily like the logistics industry?

As for the ability issue you mentioned, if Haohao has no ability, then I would rather let him be a rich man, at least I don’t have to worry too much."

"Huh?" Zhang Qingyuan came to his senses.

Yes, these are my own thoughts, not my son’s thoughts.

After figuring this out, Zhang Qingyuan stopped worrying about "Open a bottle of wine for me, let's drink some today."

(End of this chapter)