The Growth of the Richest Man

Chapter 86: Zhang Yong’S Industry

Ma Yun has no hope for Tianhong Fund to defeat Renren Fund. For the money that her company invested in this fund to attract popularity, she is also preparing to gradually withdraw the funds. This Tianhong Fund has been given by Ma Yun. After stocking, it can develop into whatever it can become. If the total assets of the fund are less than 100 million, it can be liquidated according to the fund agreement. But in fact, liquidation is not so easy, because many investors have a habit of holding on to stocks or funds that have already lost money, and want to wait until they “return to capital” before selling them. What I don’t know is that the stock market is about to experience a tragic fall from more than 6,000 points to 1,664 points, so it is impossible for the money to come back. But the existence of these investors also made Ma Yun’s Tianhong Fund not so easy to liquidate. “Yu Libao” continues to be retained. Although this is not as popular as Yu’ebao, there are still some customers, especially those who buy it.

At the end of November 2007, Zhang Yong and Ma Yun’s first head-to-head business battle ended with Zhang Yong’s overall victory. Now Zhang Yong’s balance in Yu’e Bao has reached 30 billion, while the balance of Renren Fund, It has also reached 22 billion. Ma Yun has basically abandoned Tianhong Fund and retreated to Yu Libao, a monetary fund, but Yu Libao’s balance has fallen to less than 10 billion.

Although Zhang Yong defeated Ma Yun for the first time in the side battle of financial management, this is only a side battle, the front battle, that is, the online shopping battle, at present, Ma Yun’s Duobao.com is the only one. However, Zhang Yong’s Renren Mall is also gradually developing. This victory in the side battles can welcome a lot of Yu’e Bao deposits. I believe it will be very beneficial to promote the development of Renren Mall.

In the past two months, the general structure of Yongchang Service Company has been completed. The warehousing and delivery points in some major cities have been completed. Now, except for some western provinces, almost all cities in the country, and even in slightly larger towns, the online shopping of Hammer mobile phones can be shortened to less than 3 days. The construction of after-sales service points in many cities has also been completed. Even, only 1,000 Yongchang after-sales service points were originally planned to be built. Now Xu Lili has created a new way of entrusting authorization. It is estimated that in the end, almost every city and county can be realized. There must be more than one professional authorized service point.

The settlement work for the movie “Wolf Warrior” has been completed. Zhang Yong successfully received a box office share of more than 1.2 billion yuan, and also returned the money he temporarily misappropriated before, even with the principal and interest.

The company has developed to a certain point, as long as there are certain fixed assets, money can often flow inadvertently. In more than a month from October to the present, Zhang Yong has made a number of investment returns:

The movie “Wolf Warrior” has been listed on Youku.com, and the share of the movie streaming traffic flows into Yongchang Film and Television Co., Ltd. continuously.

The TV series “Returning to the Ming Dynasty to Be a Prince” has been filmed. This TV series doesn’t quite match the style of Mango TV, so they didn’t make an offer, because the main shooting location of this TV series, and even the place where the story takes place, is a In He Bei, so He Beitai bled heavily and bought the first-round broadcast rights for 800,000 yuan per episode. Although the price of this TV series is not very good, and it was only sold to a TV station that is not well-known nationwide, it was sold after all, and the 80-episode TV series was sold for 6400 yuan. 10,000, compared to before the investment, it has also doubled.

Hammer mobile phone, after entering October, although the monthly sales growth trend is no longer rapid, it can still sell more than 500,000 mobile phones every month. The gross profit rate of mobile phones is very high. Although Zhang Yong has lowered the price of mobile phones to the maximum extent in order to open up the market, he can still earn a net profit of more than 200 yuan per mobile phone in two months. Zhang Yong already made more than 200 million yuan selling mobile phones. Of course, Zhang Yong did not withdraw all of this money, but left most of it to Hammer Technology and Meditation Technology to continue their development. After all, only about 2 million mobile phones have been sold in the past six months. It’s far from being universal. Only a small part of the capital withdrawal is used to supplement the overall liquidity of Yongchang Group.

Renren Technology has grown from a big loss-maker under Zhang Yong to a big money-maker under Zhang Yong. Renren’s products, such as Renren, Xiannei, and Renrentong, are mainly due to their relatively large traffic advantages, and they mainly rely on advertising to make money, not the bulk of the money; Egg’s Rooster~www.readwn.com~ Yu’e Bao, Renren Fund, Renrendai, these three representative products are horns of each other, so that people in all kinds of financial management can find suitable products here – balance Treasure can use demand deposits to obtain the interest of fixed deposits, and it is absolutely safe to protect the capital. The redemption time of Renren Fund is slightly longer, but the return is the highest among the three major products, but there are certain risks. Occasionally there will be losses. Rendai is a product with high security and high returns, but it has poor liquidity. If you need money urgently, you cannot take it out immediately; the Renren mall is not very profitable, but it is A basic business project that can bring strong popularity to everyone’s wallet.

TOMFORD is also very profitable. After all, luxury goods have high gross profit margins and high net profit margins. It’s just that the company is still in a period of rapid development, and the company is mainly abroad, so the money is not something that Zhang Yong can easily call.

After two months, Zhang Yong’s company continued to develop steadily. Every company is developing rapidly, but every company is often connected.

Now Zhang Yong, although he has made a lot of money and has a lot of total assets on the company’s books, but there is not a lot of money that can really be used to invest freely. The main thing is only the headquarters of Yongchang Group. Money, Yongchang Film and Television Company’s money, and part of Renren’s money, other money, if you call it, it’s not impossible, but it will affect the development speed of those companies. Zhang Yong is not very willing to see this. of.

At present, Zhang Yong has as much as 400 million free money, and this time Zhang Yong plans to use his advance knowledge of history to do a big thing in the last month of 2017. Once he becomes famous, his Personal fame will be even greater!

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