"Hey~ You psycho, I'm busy."

After hanging up the phone and throwing it casually onto the pillow, Li Zehua continued to work.

Lin Wan, whose eyes gradually became blurred, finally couldn't help herself and was eager to show off her beautiful singing voice.

But the annoying phone rang again, and I vaguely saw a big hand reaching out and pressing the call button~
Lin Wan was horrified to hear the familiar voice again. Her mind went blank and she almost lost the ability to think independently.

Fortunately, at the last critical moment, she grabbed everything she could get around her, covered her nose and lips tightly, trying to block out any sound that could spread outward.

It seemed that only in this way could she continue to live.

Apart from this, she had no other choice but to let her soft body succumb to instinct and struggle wildly, as if it were a roasted shrimp, every part of it was mouth-watering.

"I said I was busy. Can't you tell me what you want later?"

Li Zehua suppressed his anger so much that his voice was slightly distorted.

I feel like it’s not that hard to kill a pig for the Chinese New Year, right?
Could human instinct be so powerful?
I almost flipped over on the spot, but luckily I had good driving skills, I firmly grasped the steering wheel and stepped on the accelerator, accompanied by a violent roar of the car body, and the tires and the ground produced violent friction~
In an instant, the decisive finish line was sprinted past one lap after another.

It just made people curious. There was no applause or cheering. The only audience was thousands of miles away and could only inquire about the situation on the spot through phone.

"I'll repeat it to you again. We're in a meeting at work. Can't you hear people talking and clapping next to you?"

After a long time, Li came back to his senses and responded casually on the phone.

Fu Yujie was feeling strange because the voice from the other end was odd, vague and unclear.

After hearing the explanation, he let out an aggrieved "Oh".

Finally, I couldn't help but ask, "When can I go back?"

Managing a HK$5000 million foundation in Hong Kong is not the life she wants at all, but many times, people have no choice.

Although the equity of Zhaoxu Electronics has been clearly transferred, her debts have not been completely settled. Not pursuing the debt does not mean completely giving up the creditor's rights. With more than 200 million yuan, where can she hide?
Now, she has the possibility to return to Chaoxu Electronics and complete her unfinished career. It is probably impossible for her to get rid of it in this lifetime.

Hate, maybe.

After understanding the truth, she no longer knew whether to hate, be grateful, or something else.

He stopped the car, took out the key, and motioned to Lin Wan to take it first. The latter didn't dare to make any sound. She could only straighten the key reluctantly and hide it in her mouth for fear of dropping it.

Li Zehua casually played with a strand of hair and said, "Your legs are on your own body, so you can go wherever you want."

Fu Yujie's eyes lit up, "Really?"

"Okay, I'll arrange for the foundry to connect with you, and you can just go over there. He Li happens to be here too, so it's convenient for you to take over directly."

After hanging up the phone, just as he was about to continue being affectionate for a while, the annoying voice rang out again, this time it was from Lin Wan's cell phone.

Faced with her pleading eyes, he couldn't bear to refuse, so he picked her up, moved to a more comfortable position and continued his work.

Lin Wan was in pain and happy at the same time, and had no choice but to compromise and just hold the phone to deal with the situation.

"Yeah, you're coming back? That's great, but I'm still in the Magic City."

After saying that, she looked back and saw that he didn't say anything, so she could only say with a little regret: "Well, Xiangjiang is warmer, the weather changes very quickly, and I feel a little uncomfortable, hiss~
I won’t talk to you now, I have an appointment and will go there later to get the injection and take medicine. "

The only sound on the phone was Fu Yujie's concerned greeting, "Aunt, are you seriously ill? I feel like you have a heavy sniffle.

Go to the hospital quickly. I'll buy a ticket to Shanghai and come take care of you."

"Don't~"

Her voice was weak, and she was afraid that if she said one more word, she would be suffocated on the spot. The man's extreme reaction was transmitted to her immediately.

Lin Wan could only hold on tightly until she was completely dizzy...

"It's harder to ask you to come out and meet me now than to ask a Buddha to come. Now that you've become rich, you don't even recognize your old friends?"

In the evening, close business friends in the Shanghai circle got together, and Yu Weilong couldn't help teasing them as soon as they met.

Li Zehua responded immediately, "Mr. Yu, I don't believe what you said. I haven't seen you for a while. You look much healthier now, and you look like Maitreya Buddha when you smile.

In front of the real Buddha, even Monkey King would have to retreat, let alone me, a mere mortal who haggles over a few pieces of silver all day long. I dare not appear in front of you and cause trouble."

Looking at Nie Tengyun who was about to join the siege, he spread his hands and said, "I didn't delay the summons from the big guys. In order to show my sincerity, I took a bath and changed clothes before leaving."

"It's fine for one person to say nice things, but you can't just make money by yourself and let your brothers starve."

Yu Weilong gnashed his teeth and punched his shoulder, "I'm just bloated, and you're the one who's rich as hell!

I heard that they recently built a new headquarters in Pudong, and are developing a commercial plaza in partnership with Yida Longhu. Their cooperation with BOE is even more generous, with tens of billions of investments made without blinking an eye. "

When he said this, he was truly envious and even his tone was strange.

Once upon a time, this guy ran to his office alone, wanting to take over some city delivery orders from Yuantong, and they argued fiercely over the unit price of one cent.

Now he is completely shaken up. The performance of his subsidiary Hummingbird has left Yuantong far behind. Before the New Year, the Logistics Association held its year-end summary meeting, and industry leaders gathered together, but this guy only sent his subordinate Hu Zhiyuan to participate.

That’s not all. In my absence, the Hummingbird Group was added as a director unit by the Logistics and Express Association, and Yunyunbang was added as a member unit.

In order to reflect Li Zehua's special status in the industry, the bosses were racking their brains. Since the company was too young and there was no precedent, they could only try their best to increase the honor of the company.

How high is the status of the governing body?

If you make a comparison, you will know that the Post Office is the vice-chairman unit, the Tongda Group is composed entirely of member units, and once Hummingbird enters the market, its status will be equal to that of SF Express.

From now on, when people in the industry hold meetings and speak on the stage, the Tongda Group can only applaud from below.

Would you say it's annoying?
When people were joking about this, Li Zehua played dumb and didn't respond. To tell the truth was too hurtful, and to speak against one's will was too hypocritical, so he simply changed the subject and said:
“During this trip to America, in addition to getting up close with Amazon’s warehouse and logistics construction, I also contacted FedEx for a half-month visit and exchange.

It’s a pity that I don’t know many English words, so I can’t go with you seniors to learn advanced management techniques from my American counterparts. It’s a pity.”

Lai Hairong chuckled, "It's just right that you don't go. We can learn more and come back to surpass the Hummingbird Yunyun Gang so that we don't have to endure your anger all day long."

Yu Weilong half-jokingly said, "That's right, I used to be a little brother, but now I'm a big boss. I feel bad."

Nie Tengyun frowned, "Old Yu, it's passed."

"Brother Nie is still taking care of me."

But before he could feel happy for three seconds, he heard Nie Tengyun say: "Don't forget, we all have shares in the Hummingbird Yunyun Gang. If we keep surpassing others, we will just be fighting against ourselves, right?
If we are to say who can surpass this person, I think Mr. Yu has a good chance, as he is really rich."

Everyone holds shares and has common interests, so they can talk and have fun together.

"No, Mr. Yu is muscular, but I am really bloated. If you look closely at my net worth, I see that it is all debt. The daily interest is frighteningly high."

Faced with the self-deprecation of having become the de facto industry leader, the supernatural Chen Dejun laughed and said, "Don't be modest. In this era, being able to borrow money is a skill. If it were me, I wouldn't even know where the investment bank's door is."

After a round of greetings, everyone finally started talking about business.

This time it was Nie Tengyun's turn to take the lead. "Aren't we going to America for inspection soon? Before we left, we discussed together that it is imperative to work together to impact the logistics industry..."

After half a year of internal adjustments, Zhongtong took the lead in completing the nominal incorporation and reorganization of the Tongda Group, and more than 80% of the franchisees across the country became shareholders of Zhongtong's subsidiaries.

They can receive dividends, vote and participate in daily operations, but they can only participate as managers hired by Zhongtong. Lai Hairong quickly completed capital accumulation and company structure adjustments by attracting franchisees to invest.

Shentong is the largest in size, so it took a little longer to complete the transformation. Yuantong Yunda has taken a completely direct-operated route and has achieved great results so far, but it still has a long way to go before success. If there is enough time and money, each company can ensure the smooth completion of its set goals. Unfortunately, the market changes too fast. Pinxixi's e-commerce is rising fast, but it is too early to replace Taotao's e-commerce status.

This is the crux of the problem. Taotao no longer has the patience to continue haggling with the Tongda Group. The conditions it offers are increasingly touching the bottom line of each company. Sooner or later, the two sides will completely fall out.

The number of express parcels of Pinxixi e-commerce cannot support such a large scale for the time being, and the group buying business is mainly based on same-city delivery orders, which is the business reserve of Fengniao.

The Tongda Group can only take some auxiliary orders through the part-time form of Hummingbird crowdsourcing, and cannot support a large grassroots team.

It is no longer possible to compromise with Taotao because Fengniao has in fact become the largest external shareholder of the Tongda Group. In addition to the cooperation in express parcels, the two parties also have logistics trucks and heavy goods long-distance transportation exchanges.

This part of revenue is gradually replacing express delivery as the main source of income for the Tongda Group. This is easy to understand. At present, the annual order volume of the express delivery business is less than 20 billion, which is only a market of tens of billions.

Compared with the trillion-dollar logistics and transportation market every year, the Tongda Group accounted for less than 1%. Without a second thought, it followed Hummingbird and plunged into the market.

Only after you taste it will you realize how profitable the logistics market is!
There are too many competitors and the investment required is too huge, so the Tongda Group is somewhat unable to cope with the situation, although it can recruit the scattered soldiers in the market through the form of affiliation and franchising.

But it is too slow and the pressure on logistics management is too great. They urgently need funds to upgrade back-end technology and infrastructure, build more warehousing and logistics centers, and purchase various professional transport vehicles.

It all comes down to money.

"Hummingbird and Yunyunbang took the lead, joined hands with JD.com and Tongda Group to issue a combined financing bond.

Each company will assume joint and several liability to enhance the credit entity effect. When one company is unable to perform its contract normally, they can borrow from each other by using the purchased vehicles and storage and logistics centers as collateral to tide over the difficulties? "

After listening to the specific details and consulting on the feasible contents during the implementation process, Li Zehua confirmed again and again, "Let me think about it carefully."

No one urged him, but they occasionally exchanged additional details of the plan and had in-depth discussions on the difficulties faced in implementing a specific point.

Nie Tengyun added: "After a comprehensive and careful evaluation, we believe that we will need to invest no less than 500 professional cold chain transport vehicles in the Qingyun Agricultural Service Company business alone.

It is used for the transportation of fruits, meat and high-end vegetables with strict timeliness requirements. This is the result based on the current scale, and will be increased further as the business volume increases.

However, there is a serious shortage of professional cold storage warehouses available for storage, especially around large cities. It is very difficult to rent a good location during the peak season, so such a large volume must be prepared in advance. "

What he said is very realistic. The cold chain transportation industry chain alone cannot be successfully built by a single company, not even Qingyun can do it for the time being.

Chen Dejun also spoke at the right time, "The cold chain is only one of the problems. The shortage of heavy-duty trucks is even greater. We can certainly recruit and join forces in the early stage, sign cooperation agreements and recruit social vehicles to cooperate.

But this is only a temporary solution and does not address the root cause. The more complicated the situation is, the higher the cost will be in terms of personnel deployment, vehicle wear and tear, logistical support, etc.

If circumstances permit, standardizing vehicle models and using the same standards to manage and assess drivers will facilitate maintenance and timeliness, and the allocation of transportation resources will become more reasonable.”

Yu Weilong also spoke up, "Convenient air transportation is also the mainstream development direction in the future. After SF Express acquired Yangtze River Air Transport, it has completely established a firm foothold in the high-end express delivery industry.

If we don’t catch up, it will be difficult to catch up with SF Express’s development in the future.

According to the plan you proposed before, we will completely kidnap Taotao, defeat all express delivery companies that dare to compete with us in the market, and dominate the mid- and low-end express delivery business.

So far, the results have been good. When Taotao wants to lower the price, we follow suit conditionally after a joint boycott. When it allows new express delivery companies to enter the market and disrupt the situation, we respond tit for tat.

Cainiao requires that a minimum number of goods must be released every month, so we have teamed up with Taotao merchants to launch two services: free shipping to door-to-door service and 24-hour door-to-door service, allowing consumers to choose by themselves.

As a result, within less than a month after its launch, the number of complaints received by Taotao increased by more than 70 times, with the criticism being directed at the violation of consumer rights by not visiting customers’ homes, forcing them to terminate the mandatory terms of binding with Cainiao.

Everyone knows that Taotao's eight yuan per item, or even the current five yuan per item, does not make much money. There are only two ways for emerging companies to break through.

One way is to obtain continuous financial transfusions from outside. For example, Taobao and Foxconn currently jointly invest to subsidize EMI, spending at least tens of millions every month.

Another way is to complete the original accumulation by earning high profits in the personal express delivery market. Taotao is currently facing a very difficult situation in these two paths.

The core of the overall e-commerce shopping environment lies in convenience. Emerging companies do not have the accumulated foundation of our industry. They cannot withstand the slightest impact or price war and will inevitably suffer huge losses. Even EMI can only struggle to survive under our impact.

There is no spare energy to improve service attitude, expand living space, and increase timeliness. Zhou Shaoning has asked people to contact us several times to seek peace. How is this possible? "

At this point, Yu Weilong took a sip of tea to moisten his throat before continuing, "Among the people supported by Tao Tao, none of them are capable of fighting. Chen Ping from the north went south to found Xingchensong, and brought in 80 million yuan in funds, but he burned through it in five months and couldn't hold on.

However, judging from Taotao's recent actions, it seems that it is looking to cooperate with large companies in the logistics industry, such as Deppon. Even the postal service's share of Taotao's delivery has increased significantly."

"I didn't say I disagreed."

Li Zehua understood and immediately expressed his thoughts, "We can increase investment in the logistics industry to gain scale advantages, squeeze out the survival space of peers who attempt to get involved in the express delivery business, and force them to return to the logistics industry and engage in price wars with us.

Delay Taotao's express delivery plan to support new players to replace the Tongda Group, and wait until the number of small parcels from Pinxixi's e-commerce increases, so as to jointly dominate the express delivery industry and then swallow up the logistics market share.

This plan is perfect, but a little too limited.

With the revenue of Fengniao Yunyunbang and the fact that the Tongda Group could not afford to support such a large scale, Pinxixi E-Commerce took the lead in issuing a second round of US dollar bonds overseas. All the funds raised were used for purchasing vehicles, personnel training, and site expansion.

how is it? "

"really?"

Several people were shocked by his big move, because Pinxixi e-commerce achieved an incredible sales volume of 117 billion in January, shaking the entire capital market.

In contrast, the core enterprise revenue of the financing plan they just proposed is barely enough to cover a fraction of the total.

"Of course it's true. Either you don't do it, or you do it to the end. If you can't get a crushing competitive advantage, how long will this battle last?
Although Pinxixi cannot compare to Taotao for the time being, I know Jack Ma's character. He always spends other people's money to do things. It is harder than climbing to the sky to get some real money from his pocket and invest it in the market.

In addition, the five-year contract with Yahoo expires this year, and they are desperately looking for money to redeem 40% of their shares. Oh, I forgot to add a payment guarantee for the redemption of shares. Where can they get enough funds to compete with us? "

Chen Dejun was both happy and nervous. “How much money can I get from the market? Will investors buy it?”

They have tried corporate bonds and loan financing, but the asset-heavy, low-profit logistics and express delivery industry has never been favored by capital, and the funds they can obtain are limited.

However, the special strategic relationship between Qingyun Group and Lijiaopo, in turn, determines the capital market's attitude towards Pinxixi, which is not normal business investment logic at all.

In addition, Pinxixi's e-commerce performance itself has far exceeded expectations, and a potential market of over 10 billion people is very attractive to capital.

Judging from the above, Li Zehua gave a relatively reasonable figure, "around US$15 billion."

The first time Pinduoduo issued bonds as a whole, it issued US$12.5 billion. In fact, more than US$9 million was absorbed internally by the financial institutions controlled by Li Jiaopo, and only US$3.5 million was actually accepted by the market.

This time, Pinxixi jointly issued bonds in the name of Fengniao, Yunyunbang, Tongda Group and JD.com, and 12-18 billion is a relatively reasonable number.

After all, the performance is here, more than five times higher than the last time, and the future prospects are also very good. In addition, the Pinxixi group buying company that was spun off has been recognized in advance by Bank of America with a valuation of US$5 billion.

It is reasonable for Pinxixi E-commerce, which has a market value at least twice as much as this, to issue bonds within 10% of its own market value.

He also wanted to test the market's real reaction to Pinduoduo. After all, the country's policy of replacing old home appliances with new ones in rural areas cannot be continued forever, and market investors still have doubts about Pinduoduo's current achievements.

If all goes well, Pinxixi e-commerce's second round of financing will also be launched within the year.

“It doesn’t matter how much we can raise, all the funds raised will be used to enhance the competitiveness of Qingyun, Tongda and JD in the logistics and express delivery industry.

You can let the market know in advance. I believe that relevant car companies and local government agencies will pave the way for our financing in advance."

Li Zehua understood this trick. If he calculated it based on 10 billion yuan, he could leverage two or three times the funds from financial institutions and buy at least 100,000 heavy trucks.

How tempting is this to related car companies?

As long as they get the letter of intent, they will mobilize investors they can influence to frantically buy Pinxixi bonds, because buying them will not only allow them to collect stable interest, but will also drive a surge in sales of their own products.

As for whether it is possible that Pinxixi will not be able to repay the money in the future?
Isn't that a matter of the future? (End of this chapter)