Chapter 249: Billions of Cash Reserves
[Another review of the million-dollar quiz - From giving away phone bills when taking a taxi to sharing cash when answering questions live, Xie Jingxing always adds new business models to the market with endless innovative ideas.

Regardless of how outsiders criticize him, from another perspective I can't help but say: He is one of the best product managers, and financial investment is a waste of his talent in comparison. 】

Song Anli threw the brand new autographed book into the trash can: "You still have the dignity to save face."

Assistants Nora and Chen Xi remained silent.

A well-known financial writer was so unfaithful that he posted on WeChat Moments to brag about it. His masterpieces were displayed in the office of Grapefruit Capital. He defined the article he wrote half a month ago, in which he angrily criticized Mr. Xie as a cancer in the venture capital circle, as a sharp but friendly exchange.

It was not easy to take back everything he had said on Weibo, so he tried to clear himself up in a roundabout way, and at the end he shamelessly made fun of himself by saying that Mr. Xie was magnanimous enough not to sue him.

He was very good at getting enough traffic with these operations, but Song Anli felt that he was weird no matter how she looked at him.

"Just this one book?" She stood up and stretched.

Nora smiled in agreement and said, "A large box of dozens of books were sent, all autographed, and three of them had special messages written on them."

"Donate all of it to the foundation for providing aid to students in poor mountainous areas." Song Anli glanced at the trash can.

It is laughable to have such books in the office, but traditional entrepreneurs like Chairman Xie Cheng would like to use them to decorate their office and treat them as souvenirs. After all, they record the turbulent thirty years of their youth.

Nora responded briefly, Chen Xi touched his commuter bag to make sure he had brought nothing less, and the two followed Song Anli out of the office.

Today was the first time they had met the big boss since they started working. They didn’t even need to make an eye contact, as their own “lackeys” came forward and easily dealt with a financial blogger with public influence.

But now they are the lackeys of the lackeys, and they are a little nervous for a while.

"The itinerary is arranged. We can fly anytime this afternoon."

Nora sat upright in the passenger seat, listening attentively, glancing at the rearview mirror to admire Mr. Song's rare gentleness. Chen Xi, who was in charge of Yunhe Logistics, did not have this opportunity. She was arranged to sit in the front car with the bodyguard.

Xie Jingxing took a list and crossed out a few names: "Just the representatives of the board of directors of China Investment Corporation and China Merchants Group can go with you. With so many people going, it really becomes a tourist attraction."

"Two hours' notice?"

Xie Jing Xing hesitated a little: "Okay, if we run into something bad during a surprise inspection, we will all be embarrassed."

Song Anli smiled knowingly. A few days ago, the relevant departments established a mechanism for secret inspections of production safety, which was called "four no's and two direct's".

Her husband got out of the stock market, and today he went to Yunhe to attend a meeting to deal with Yu Congxin's rotten garlic during the weekend. Just when she was worried about not having a breakthrough point, she simply said hello to the relevant departments of Chuncheng and played a surprise inspection of the project operation with the "four no and two direct" method.

"You may need to pay some toll if you go in person," she said meaningfully.

"You can't just throw the baby out with the bathwater."

To donate, to contribute, to invest, every time Old Xie travels on business to various parts of the country to deal with officials, he has to use three clicks. Now Young Xie is not bad either. After taking over Yunhe, who can tell whether he is an investor or an entrepreneur?

He shook the second version of the logistics business plan in his hand and said, "Our shareholders are quite cooperative. We need to give them some confidence."

Currently, the board of directors of Yunhe Logistics has been reorganized into 11 seats, with China Investment Corporation and JD.com each holding one seat, China Merchants Group and China Communications Construction Company sharing one seat, and he personally holding 1 seats together with Yunshan Group and Yunhe management.

This means that their influence on the company's specific operations is almost negligible, which is reflected in the "logistics real estate" business strategy plan. They do not interfere with the personnel arrangements of management positions, do not block financial settlements, and look like they are lying down and letting things go after being cheated.

Xie Jingxing didn't quite agree. In the future, he would have to rely on them to get land, policy support and various resources for Yunhe, so he had to appease them.

"That's fine. Anyway, you are rich now and you made 10 billion in two months." Song Anli seized the opportunity to compete secretly.

If it weren't for those traders from Grapefruit screaming in the office a few days ago, the whole story of this investment would only be reflected in a string of numbers in the annual financial statements, and she was so worried that she didn't know anything.

Xie Jingxing was in a good mood and didn't mind coaxing his little lover. He leaned back and nodded his chin. Song Anli pouted and lowered the electric baffle between the front and rear seats.

"For securities investment, we can only take out the final profits from the market, and everything else is virtual."

He tilted his head to glance at the tall buildings and the people hurrying by outside the window, and sighed comfortably, "I didn't expect to make 10 billion, and I didn't predict the various accidents that occurred during the trading. There's no need to talk about these things."

Song Anli shook her head and rubbed his hand like a kitten, humming muffledly.

"But they say I'm a conscientious investor, and they praise me for taking the initiative to shoulder the responsibility for market sentiment. It's a bit funny." Xie Jingxing complained to himself.

The 'ground-to-ceiling' operation was a completely subconscious reaction. The new hot money that entered the market wanted to smash the market and clean up the shares to affect his shipment, so he would improvise and smash the stock to the limit first.

The short-selling sentiment was released and some chips were transferred to the selling side. Then the stock price rose and retail investors were encouraged to buy stocks. If the hot money did not follow suit, they would have to watch him run away at a high position. The subsequent trend of Coal City Special Steel was mildly collapsed. In short, the market has been impotent for two or three years, and it is a luxury for the market index to stand at 3000 points.

With the recent policy-driven favorable policies being introduced one after another and gradually transmitted from the real economy to the stock market, the general rise of the market and the addition of a leading stock with a 500% increase in half a year, the market has gone crazy and is extremely eager and urgently needs a monster stock to emerge that can boost market sentiment and serve as a weather vane.

The momentum of this illusory "will of the people" is too strong, and the newly entered relay hot money cannot beat it and has to join in.

"And this investment is not over yet. We have to clear the positions at the end of the month to earn the 100 billion that Zhan Yunping and his team mentioned."

Xie Jingxing couldn't help but feel complacent: "Just wait and see the hot money coming in to push up the price, and we'll just sit back and reap the benefits...hiss, be gentle."

Song Anli didn't listen and shook her head even harder. Ever since the 'ground-ceiling board', Meidu Special Steel had been hitting the daily limit. Every day, a total of ten seats were bought and sold on the Dragon and Tiger list, and various well-known hot money showed up one after another.

The big speculators who are idolized by retail investors are playing the game of "many hands make the fire burn brighter", and the whole market is predicting whether the final increase of Coal City Special Steel will be 700% or 1000%.

And her man was the one who first paved the way for everyone to start a new business. Oh no, it was God!
Song Anli swallowed the sweet feelings that went straight to her heart: "Then you still want to be distracted by the stock market?"

"No need. Just let Zhan Yunping and the others wait until the stock price rises to the expected level before shipping. Thank you for your hard work during this period."

Xie Jingxing was serious and sincere, and all his dissatisfaction was digested. He leaned over and offered his red lips tenderly. In the critical moment, he grabbed his commuter bag and blocked it in front of his chest: "Hey, the lipstick is smudged."

Song Anli tilted her head, and considering his good performance today, she did not expose the man's lies.

As they were talking, they arrived at the Yunhe Logistics Headquarters. Xie Jingxing jumped out of the car, straightened his trouser legs, and held his head high. He could easily please women, but it was unreasonable for him to mess with a few idiots!
"Mr. Xie. You're here just as your colleagues have arrived. Should we go to your office first or directly to the conference room?" Guan Linhui and a large number of senior executives were standing at the lobby door to greet them.

Xie Jingxing looked around: "Prepare a small meeting room for us to chat for an hour, so that our colleagues won't have to wait any longer."

"Haha, my colleagues really want to see you."

Yu Congxin took a half step behind Guan Linhui to answer the question. Xie Jingxing walked in the front with a smile on his face and nodded in response. A group of more than 20 executives crowded into the elevator that had been prepared and went upstairs.

Compared with the chairman presiding over an important internal meeting, it was more like the president receiving an external leader to inspect the work. His Majesty, the supreme Emperor Yunhe, has not returned to his loyal dragon throne for too long...

“Business-oriented, project-oriented.”

Sitting in the conference room, Xie Jingxing opened the speech and set the topic: "I have seen the plan. I will not have a debate today. I will objectively explain the advantages and disadvantages of the two models."

"Let me start by saying that the military strategy says that food and fodder must be prepared before troops move. The company has 87 billion yuan in cash reserves on its books, and in November this year, February next year, and May, a total of 11 billion yuan in financial products and long-term projects will mature and settle."

With the money in hand, the vice president in charge of finance expressed his opinion strongly: "It can be said that our cash turnover rate is excellent in any industry in China, and it can even be called overflow waste."

"We should fight a battle of prosperity with prosperous methods. We will fully launch the development of 13 logistics parks in the first phase of the logistics real estate business. We will put projects first and then business. We will work hard and fast, promote progress through hard work, and put practical work first..."

The Vice President of Finance spoke a series of nonsense, and Xie Jingxing was a little confused. He looked at Yu Congxin and Song Anli without showing any expression.

The vice president supports focusing on business, but today this werewolf has defected and pretended to be the sheriff to split the votes. He can't be a mob, right?

“Let me tell you one thing. In fact, we are much more familiar with the logistics real estate business than what is shown on paper.”

Guan Linhui leisurely took out a few pieces of paper and read: "As of now, we have a total of 5300 mu of storage land reserves across the country, with the smallest plot being 23 mu and the largest being 600 mu. In the past, we treated these plots of land as fixed assets, because according to the average growth rate of our business, these plots of land would not be used until ten or twenty years later."

"On the other hand, in the past five years, our logistics and transportation business has grown strongly in addition to meeting the needs of the group, providing third-party corporate customers with professional warehousing, transportation and distribution. A large part of this growth comes from warehousing. In other words, other comprehensive logistics companies need to rent warehouses, but we always focus on our own warehouses!"

He paused and concluded: "How can we say that we don't understand the logistics real estate business in this case? It's just a matter of business definition. In the past, we didn't call it logistics real estate."

"We just lack the management experience of the early stage customer development supporting facilities integration and later stage value-added business such as financial capital operation for the logistics real estate business park."

"So my conclusion is that business-oriented and project-oriented is a false proposition. It should be said that projects drive business and both go hand in hand. Of course, I have to remind you that due to the large-scale strategic adjustments launched at the beginning of the year, we are still sorting out how much assets we have at Yunhe. I didn't have time to review some of the information in my hands during the previous meeting. I will send it to you after the meeting today. You should also exercise your subjective initiative and do a good job of calculating how much potential we have to tap at Yunhe."

Guan Linhui said "a little bit" in a very proud manner, and Yu Cong was stunned again. His eyes were wide open and he was about to jump up and kick him.

Xie Jingxing smiled with satisfaction. Lao Guan had been stable since taking over, and today he really showed off some highlights.

Very good, that’s how it should be. Yunhe has a mature business framework for developing logistics park projects!

Song Anli asked him which business or project he preferred, and he said nothing, as he had nearly 10 billion in cash and dozens of times leverage available.

The risks that may arise from the comprehensive coverage of the two in parallel are affordable, and the only risk is that several park projects will be ruined by chaotic management.

(End of this chapter)