The fishing ground I opened has become a national leisure destination

Chapter 555: Outstanding Achievements
Apart from Yucheng Village, the other projects have also achieved remarkable results.

Needless to say, Yucheng Film & Television operates on two fronts: web dramas and online movies. Its monthly net profit reaches tens of millions of yuan, and the popularity of its artists is growing, with them frequently receiving other offers.

Yucheng Film & Television took the opportunity to establish an agent department.

Chen Yuan had tried to poach Huang Li's employees, but he failed because he was still under contract. However, Huang Li recommended many other people.

Furthermore, thanks to Caishenye's connections within the industry, he introduced many people to the company, and the agent department was quickly established and improved, making Yucheng Film and Television's business increasingly diversified.

Conservative estimates suggest that annual profits are at least in the hundreds of millions, and this is not the limit for Yucheng Film & Television.

Chen's Fishing Tackle has risen to prominence, with its traditional fishing rods and bait selling extremely well, especially the bait, both the regular and enhanced versions of which are highly sought after by consumers.

Lure fishing products also sell very well. Even in China, with Cui Liang in charge of promotion, sales are excellent, and overseas markets are the main battleground.

Especially with the arrival of spring and summer, the peak fishing season, sales have been booming.

"Sales in the first quarter of this year were not high, only tens of millions."

"Sales in the second quarter increased by more than 50%, and judging from the peak fishing season in the third quarter, breaking 100 million is definitely not a problem."

Chen Yuan listened with delight to the report of Wang Heng and his team's achievements.

Based on the current trend, Chen's Fishing Tackle's annual turnover will definitely exceed two small targets, and as more and more production process permissions are exchanged, sales are expected to continue to rise.

"While pursuing healthy development, we must pay attention to product quality and effectiveness," Chen Yuan reminded with a smile.

"Absolutely."

Wang Heng and the others nodded, "We have a quality inspection department, and we also conduct random inspections on every batch of products. Chen's Fishing Tackle has worked hard to build this brand, so we would never ruin our own reputation."

Chen Yuan didn't say much. He just mentioned it casually, believing that Wang Heng and the others knew what they were doing. Besides, Wang Heng and the others also received dividends, so how could they not care about their own interests?

"Judging from the sales figures, Chen's Fishing Tackle is experiencing a period of rapid growth. We must pay close attention during this time and seize the market as soon as possible," Chen Yuan reminded them.

Wang Heng and the others agreed.

After chatting for a while, Chen Yuan waved his hand, telling Wang Heng and the others to get back to their work.

He is very satisfied with the development of Chen's fishing tackle. Based on the current production technology and sales trends, it will occupy a certain share of the domestic and international fishing tackle markets, and annual profits exceeding 100 million yuan is by no means a problem.

The decline of Three Sheep Tea is a real pity.

That night.

Chen Li and Yang Yangyang were enjoying the cool air in the courtyard, chatting with Chen Yuan about tea.

"We reached 7,000 stores in the first quarter of this year, and completed the annual target in the second quarter. The total number of directly operated and franchised stores has exceeded 10,000, and the franchising trend is getting higher and higher. We may be able to reach 20,000 stores in the remaining two quarters."

"Currently, we have covered more than 300 cities across the country. We strive to double our annual data. Our ultimate goal is to cover all third- and fourth-tier cities and then continue to expand into second- and first-tier cities."

Chen Li chatted.

Yang Yangyang added, "We've already opened over 300 directly operated stores, but the main problem is that employee training isn't keeping up. Human resources are the biggest challenge to the development of directly operated stores."

When we first started, the development of directly operated stores was not very fast, mainly because site selection and decoration took a lot of time, and operating funds were limited, but we were able to keep up with the recruitment and training of employees.

But after Wang Tao's construction team moved in, the renovation efficiency skyrocketed, and a small shop could basically be finished in a day.

They even manage to acquire multiple shops at once, with the construction team divided into smaller groups that can handle several small shops in a single day.

As for funding, with the last batch of project funds arriving last year and the warehousing and transportation center being built, Three Sheep Tea has passed the stage of frantically burning money.

Moreover, direct operation is already profitable, so funding is no longer an issue.

Therefore, the development of directly operated stores is no longer affected by these two factors. On the contrary, the recruitment and training of personnel is lagging behind, mainly due to the scarcity of management talent.

"Pay attention to a balanced development. While expanding the market, you must ensure the stable operation of directly operated stores," Chen Yuan nodded, then reminded them. Direct operation is one of the core elements of the brand.

Three Sheep Tea focuses on direct operation far more than other tea brands. Even Xue Wang, which is comparable, mainly relies on franchising, and only has a few dozen directly operated stores in the mid-term.

Therefore, Three Sheep's development speed is already very good, but while expanding rapidly, the core foundation must be solid in order to go further.

"That's for sure."

Yang Yangyang nodded and said, "Currently, all directly operated stores are profitable. The smallest store is making a profit of 5,000 yuan. Excluding the store in Yucheng Village, the highest profit is over 100,000 yuan. The overall monthly profit of the directly operated stores can exceed 5 million yuan."

Based on this scale and operational data, the annual profit of directly operated stores can reach around 50 to 60 million yuan. Adding the equipment, materials, and raw materials needed for franchising, it can probably achieve a small goal.

But this is not enough.

The profit margins in the tea beverage industry are incredibly high; even the Snow King brand in later generations could achieve net profits of tens or hundreds of millions of yuan.

Of course, given its current scale and the current year, Three Sheep has already surpassed Snow King, the leading tea beverage company of the same period, in every aspect.

Three Sheep and the first listed tea beverage company were established around the same time, but in this life, Three Sheep Tea Beverage is overwhelmingly superior in terms of both scale and brand influence.

"This year, we won't consider profits; we'll continue to expand our market share and build a strong Three Sheep Tea brand. Next year, we'll focus on the brand and start planning for an IPO," Chen Yuan revealed regarding the development plan.

He believes that based on the current development trend and the brand power of Three Sheep, the company will definitely be able to achieve a leapfrog development and become the first listed company in the tea beverage industry.

Chen Li and Yang Yangyang didn't dare to think that far ahead. All they could do was to focus on the present, take good care of the directly operated projects, and do a good job in attracting investment.

As for how far Three Sheep Tea will ultimately develop, we will do our best and have no regrets.

Overall, Yucheng Village and all its projects have achieved remarkable development results, establishing brand recognition and developing rapidly on the right track.

"We've finished talking about work, let's talk about you two. You've been married for almost half a year, what are your plans?" Chen Yuan asked with a chuckle after finishing his work.

"What are you planning?" Chen Li and Yang Yangyang were a little confused.

"What else could our plans be? Of course, we want to have a child. We shouldn't let work interfere with our personal plans," Chen Yuan said.

Three Sheep Tea is indeed busy, but no matter how busy you are, you have to think about your own things. Don't let your ambition for your career cause you to postpone or delay your personal matters.

Don't think you're young; time waits for no one.

"Not at all, hehe~" Yang Yangyang suddenly chuckled.

Chen Yuan's eyes lit up slightly.

"Is something going on?" Chen Yuan sat up straight from the recliner and asked curiously.

"I just got the result myself, I haven't gone to the hospital for a checkup yet," Chen Li replied.

"Dad, Mom..."

Upon hearing this, Chen Yuan turned around and shouted into the house.

Chen Jun and Tang Ying are now working entirely in a management mode. Apart from arranging and controlling some tasks, they basically don't stay on the front line.

He had just finished washing up when he heard Chen Yuan's call and came out to cool off.

Upon hearing the good news from Chen Yuan, the two elders were stunned for a moment, and then their joy was quickly revealed. Tang Ying hurriedly took Chen Li's hand and asked her about it.

"Your arrangements for us at the beginning of the year were indeed correct. Now we have even more hope." Chen Jun happily took out a cigarette to light up, but then put it back when he thought of Chen Li's pregnancy.

Quit smoking.

No smoking while taking care of my grandson from now on!
(End of this chapter)