Spring Breeze Twenty Years

Chapter 1141 Supermarket Separate List

Xiao Wei said, "I don't understand your thinking. Several thousand families will move in after this is all over. Without a large bathhouse, how convenient will it be?"

Chen Hui shook his head: "I hadn't thought about it that way. It just felt like something was missing, but once I got to the hotel, I felt completely satisfied. Haha."

Xiao Wei said, "One isn't enough. You just wait and see. Once everyone moves in, someone will have to run the bathhouse. It's only reasonable for an area to have high, medium, and low-end establishments. The same principle applies to restaurants, clothing stores, and shopping malls."

Chen Hui said, "That's true, I understand the logic."

Xiao Wei drove onto the main road and asked, "Where are we going now?"

Chen Hui said, "Let's go to the company. Where? There's a lot to do at the end of the year. I need to go back and look at some documents."

Xiao Wei nodded, drove back to Wanliu, and the two went upstairs to their respective offices.

Now that the company is bigger and has more departments, there's definitely a lot to do at the end of the year. Thick stacks of documents are piled up on my desk, and there are still some left for my assistant and secretary.

However, most of these were declarative reports, simply to give Xiaowei an overview of the situation and the progress of some tasks; there weren't many things he actually needed to solve. This is where the importance of managing a team lies.

A capable team can save the boss a lot of time, allowing him to think about bigger and longer-term goals.

Xiao Wei first looked at the report from the Longjiang construction site to get an understanding of the progress, and then went to Jibei.

After a year and a half of development, Jibei has settled into a stable phase, with encouraging results in all aspects and good progress. Li Wen applied to establish a food processing plant in Jibei to supply the two provinces of Jibei and Longjiang. Xiao Wei thought about it, signed his approval on the document, and forwarded it to Factory Director Guan He for review.

Apart from reserving a portion to ensure normal operations, all of Jibei's revenue was used to repay loans, which was decided long ago.

The residential buildings over there are completed, and interior finishing work is underway. They'll be available for sale next spring. Xiaowei and Chen Hui have decided to use the money from this project in Kyoto. The company no longer relies on loans for project development; the main reason is the substantial profits from real estate.

This is why the fastest-growing companies in the 90s were all real estate companies, something that later-developing real estate companies envied but could not compare to.

Of course, in this era, the profit margin is high no matter what you do. The entire market is a seller's market, so it's not easy not to make money.

There are many more things in Liaodong, and they are more complicated.

In terms of breeding and planting, 24 sites have been established throughout the province, half of which have already started producing. By the summer of next year, 1995, all 24 sites will begin producing, which means that the initial layout of breeding and planting in the province will be completed.

Liaodong Province has a total of 41 counties (including county-level cities), more than half of which are purely agricultural areas, which has a significant driving effect on economic development.

In Liaodong, due to the terrain, farmers lead very difficult lives, mainly because there is little arable land and low yields. With six parts mountains, one part water, and three parts farmland, it is the least suitable province for agricultural development among the three northeastern provinces. Furthermore, the proportion of urban industry is too large.

This was an era of great commercial development, and also an era of agriculture supporting industry. The massive industrialization in towns and cities made life even worse for farmers.

By the summer of 95, commercial plazas in all cities and prefectures of Liaodong Province would be in operation, including three in Fengtian and two in Dalian. The commercial layout would be completed, and all that would remain was to outline and color the plazas, which would be much simpler.

The warehouse logistics system will also officially begin operation in the spring of 95.

Looking at the report page by page, Xiao Wei felt a huge sense of accomplishment welling up in his chest. He drank a few sips of water, stood up and walked around the office a few times, went to the window and looked into the distance for a while. Looking at the snow-covered world below and in front of him, his emotions gradually calmed down.

I sat back down behind my desk.

There are now 187 cake shops, with the most in Fengtian being 62.

There are 1,669 convenience stores open, and more than 200 more are preparing to open. This number was unexpected for Xiaowei. After taking a closer look, he found that there are more than 700 stores in Fengtian City, which have spread to every corner of Fengtian City.

Dalian has opened more than 300 stores, and the remaining cities have a total of more than 400 stores.

Manager Chen gave a detailed analysis of the market prospects for convenience stores and predicted that the number of stores to be opened in the province would reach four to five thousand by the end of 95.

Meanwhile, 176 large supermarkets have already opened across the province, and 32 are under renovation. Manager Chen's plan is to complete the construction of 350 large markets and 300 medium-sized markets in the province by the end of 1995.

Compared to supermarkets and convenience stores, the mall's layout is rather conventional, with only eighteen stores open. The space constraints are simply too great.

In general, by the end of 95, the entire Liaodong region, including the major markets of Jilin and Heilongjiang, would be under our control, and by 97 at the latest, the commercial retail market of the three northeastern provinces would be entirely under our control.

Then Xiaowei flipped through the documents and found the relevant financial reports.

In the supermarket and convenience store sector, we spent nearly 300 million yuan throughout the year. There's no such thing as a free lunch.

Xiao Wei smiled and shook his head. This year, all the profits from the entire retail sector wouldn't be enough to cover the costs; in fact, they'd have to pay out of pocket.

The mobile market with the infrastructure group generated over 30 million yuan in profit this year, which was within Xiaowei's expectations. This isn't a long-term solution; as business develops, its profitability will decrease. But I believe it can still generate some revenue for the next few years.

Geng Hui hasn't submitted the detailed annual financial statements for the group yet, but Xiao Wei has a general idea of ​​what they are.

After thinking for a moment, he picked up the phone on the table and dialed Chen Hui downstairs: "Xiao Hui, should we separate the supermarket? Sales have increased significantly; it's not appropriate to keep it under the mall. Old Chen's performance this year is quite outstanding; have you seen the report?"

Chen Hui said, "I'm looking at it now. This guy, he's really good at organizing things without making a sound, it gave me a shock. Let's make it separate, Old Chen can promote it by one level, it'll be a separate business license anyway. As for the finances, you should talk to Geng Hui about it, once the finances are set up, it'll be independent."

Xiao Wei said, "Okay, then I'll let him know."

I called Geng Hui, and she answered after a while: "What? I'm busy."

Xiao Wei said, "The supermarket will make a separate list right away. You can arrange the finances."

Geng Hui said, "Didn't we say we'd develop it further before making any decisions? Why are we in such a rush?"

Xiao Wei said with a wry smile, "Didn't you look at the reports? There are over 1,700 convenience stores and over 200 supermarkets. It's not just something that's been mentioned; now I'm thinking of listing the convenience stores separately."

Geng Hui said, "I'm already so busy, why would I need to look at reports? I roughly know the numbers, but not the exact figures. Let's get on with it then. I'll send one person over first, and we'll add more after the New Year."

After hanging up, Xiaowei called Manager Chen again: "Brother Chen, this report of yours gave me a shock. I hadn't paid attention to this part before."

Manager Chen laughed and said, "I've already submitted reports and applications."

His report was submitted to Manager Zhang, and the funds were transferred internally within the mall and owed to external parties, so there was no concrete information from headquarters.

Xiao Wei said, "You guys should be separated out. From now on, you'll report directly to me and Xiao Hui. We'll give you an entire floor of office space here."

Manager Chen said, "Okay, I've been prepared for this. I'm just waiting for you to give the word. Is the finance department all arranged?"

Xiao Wei said, "We'll get a finance manager here, and we'll keep the rest of the staff you have. Get those arranged quickly."

(End of this chapter)