In order to live in seclusion, I tricked my roommate into falling in love.

Chapter 324: Did You Make a Mistake?

Zi Xiaowei wanted to hear clearly what these financial tycoons meant.

Especially with Maizi, the deaf man, standing by and sharing the firepower as if nothing had happened, he wouldn't be caught off guard.

These are just a bunch of insurance salesmen rushing over to sell policies.

When you see that there is something good and profitable, you place your bet immediately and wait to share the money later.

Zi Xiaowei took advantage of this moment to calm down and prioritize: "I understand. First of all, my influencer MCN agency has no plans for financial restructuring or fundraising to go public, at least not before we fully focus on securing the Jingxi Live platform. This is because this industry is heavily influenced by the control of live streaming platforms. Without upstream control, it's meaningless to become big and powerful."

In fact, my inner monologue is: I can always make money, why should I accept you?

Moreover, Dai Anni's nationwide informant strategy is the key to this internet celebrity promotion organization. This is on the verge of inciting domestic public opinion. It may be okay to keep doing some small commercial moves, but if they really dare to introduce external forces, then the mother of the child can just wait to be beheaded!
Without waiting for the disappointment to fade from everyone's face, he continued to count on his fingers: "The image trading platform and influencer trading platform we currently have have been positioned from the beginning as mere service mini-programs. They haven't been profit-driven. The reason is that they are only used as a means of attracting traffic for influencer MCN agencies. All of this still serves the live streaming platform. Without the platform, these things can't be discussed separately. No matter how high your valuation is, it will be meaningless if the platforms block each other."

So, I finally came to the conclusion: "Until my team and I can fully control the live streaming platform and become competitive in the market, talking about these investments is just castles in the air. Without a good platform, these assets are all secondary assets and can be strangled by upstream industries at any time. This is also my main purpose in negotiating the takeover of Jingxi Live. If you want to participate in the investment in these sectors, please help me get Jingxi Live as soon as possible."

It's still the basic skill of a scumbag. He didn't refuse explicitly, but threw out bait to lure fish.

Moreover, in Zi Xiaowei's eyes, everyone is still regarded as a makeshift team. No matter who is from a big fund or a big bank, they are just skilled teachers selling courses.

They use the expertise of insiders and their well-trained tricks to defraud outsiders. To say they are that professional is not that advanced!

Those who can create their own teaching and training courses and independently open up their own tracks are already rare and precious.

Very rarely.

However, they just rely on financial tools to buy at a low price and wait for the price to rise.

Anyway, besides instructing the two on how to drink tea, Brother Qiang had been observing from the side. He finally spoke, "Well, the live streaming platform will be taken over as you said last time. The entire business unit will be moved to the northern suburbs of Jiangzhou. However, all operating sites and funds, including the layoffs, deployment, and placement of existing staff, will be handled by you."

Zi Xiaowei doesn't care about the initial capital at all: "What about the operating lifespan? I can't just wait for someone else to reap the benefits after I succeed... It's true that we have a huge advantage in top IPs on the live streaming platform, and anyone who wants to reap the benefits should consider whether they have the ability to revitalize the platform. But I don't want to waste my energy on these internal struggles."

Brother Qiang displayed the aura of a powerful leader. "At least at this stage, I can't promise you shares, much less control over qualifications. I can personally promise that as long as I serve as CEO, the live broadcast division will be handed over to you. However, you must demonstrate consistent performance improvements year after year to convince the board of directors and all shareholders to maintain operational control."

Zi Xiaowei also heard that this was even reminding him that once a company is involved in finance, it is far better to proceed steadily and step by step than to reach the peak right from the start.

No matter how amazing the start is, if it cannot continue to rise, any slight setback or decline will be viewed with pessimism by capital and abandoned.

Capital is a profit-seeking and realistic vampire.

For the sake of everyone around us, these conversations will be in English.

The capitalists held their breath and analyzed where the next bleeding hole would appear.

Zi Xiaowei immediately surprised everyone with his response: "According to publicly available information, Jingxi's total revenue in 2022 was 10462 trillion yuan, of which billion yuan came from retail, billion yuan from logistics, and the rest of the revenue, including live streaming, was roughly a fraction of that, billion yuan. Is that a correct ratio?"

Her hair was casually tied into a messy ponytail at the back of her head, and her tall and thin figure looked like a college student who had forgotten to eat and sleep in the library.

He talked with empty hands, but it was clear that he was well prepared.

Brother Qiang smiled with satisfaction, leaned back on the legless chair on the tatami, and glanced at everyone.

Because that wasn't the section he was in charge of. Zi Xiaowei was just trying to slap people in the face: "So the retail division made a profit of 30 billion, the logistics division made 500 million, and the other projects lost a combined 15 billion. Adding in the other profits from property and branch offices, the final total operating profit was 20 billion."

Indeed, for the vast and powerful Jingxi, its most celebrated logistics division barely breaks even, and half of its retail profits are lost to a variety of miscellaneous offshoots. Regardless of any financial sleight of hand, this proves that Jingxi's attempts at ventures outside its core business have failed.

According to accountants, Jingxi's profit from selling goods was only about 4%, and the profit from logistics was only 0.5%, but half of it was squandered by other prodigals.

So Zi Xiaowei concluded: "Before, Jingxi Live was a net negative asset. I promise to turn a profit in the first year, right?"

Brother Qiang smiled and said, "And then? What should the annual growth be?"

Zi Xiaowei actually turned the tables and challenged: "Last year, the revenue and profit growth of Jingxi as a whole was 3.7%. In the future, it will be enough for me to grow at least as fast as Jingxi as a whole every year. Jingxi is a large platform, and live streaming is a small one. As the saying goes, rising tide lifts all boats."

What you mean is that we should have a competition?

Who is more powerful, you who have regained control of Jingxi, or my new team that has turned losses into profits?
Brother Qiang still had his domineering side and laughed: "Then we'll wait and see."

Normally, when it comes to this level of business negotiation, Boss Zi should nod his head, and his men should work hard to finalize the contract.

But Maizi, a junior art student who was not very good at it, could not understand a damn thing. He was able to remain calm and continue to drink tea slowly, which showed that he had a very good attitude.

The financial investors were all listening, confirming that a deal had indeed been reached, and they immediately wanted to finalize it. "Congratulations! We can inject capital into Jingxi Live to help it take off. To compete with live streaming platforms like Douyin, Taobao, and Penguin, this is a significant amount!"

Zi Xiaowei disagreed with these financial brokers: "Why should we fight? Don't they all have their own tracks and no direct conflicts? As a shopping platform, Jingxi doesn't necessarily want to fight and defeat Taobao and Pinxixi. So, as a company with corporate connections, we don't need to inject capital into the live streaming platform for the time being..."

However, in order to prevent the spread of the mentality that if he can't get it, he might destroy it, or inject funds to help other competitors compete, Zi Xiaowei believes that it is still possible to cooperate with capital: "In fact, the most important area I am negotiating is new energy vehicle cooperation. This is where we may need capital assistance."

It was obvious to the naked eye that the enthusiasm of these people was rapidly fading: "The payback period in the manufacturing industry is too long..."

"The uncertainties in the photovoltaic and new energy sectors are too great."

"International capital will avoid investing in industries that are subsidized by the government..."

Damn, Zi Xiaowei could hear it, these bastards know everything!

They are hesitant when it comes to investments that are of practical use to mainland industrial manufacturing and can help these industries grow and develop.

Any predatory behavior that allows one to make a quick buck by using capital advantages is highly praised.

Fortunately, Zi Xiaowei was prepared, even if his story wasn't originally intended for investors: "You can consider whether you're interested in investing. First of all, before I joined my livestream last year, Ella Auto's annual sales were around 200 to 300 billion. Now, monthly sales are around 12 billion. We're rapidly expanding our production scale and hope to reach our annual sales target of 300 to 500 billion as soon as possible. I can reveal that our profit margin is 10 to 15 percent. In fact, this is only before the new car is launched and we're in the stage of expanding overseas and building factories. We need tens of billions of funds. If you don't have it, just wait. As the marketing director of Ella Auto, I'm not in a hurry."

Some investors still have their eyes open. A profit return of 10 to 15 percent is actually very high for venture capital.

These hedge funds and management funds are actually venture investments. If one of them makes a big profit among a bunch of them, it is already a blessing. They are just taking the overall account into consideration.

Guaranteeing an annualized return of 15 percent is already a very aggressive and dangerous investment strategy.

Someone immediately asked: "Which sector is the main investment in?"

Zi Xiaowei glanced at Qiang, who was also showing interest, and brought out the gimmick that venture capital funds love most: "Large-scale commercial autonomous driving with high-tech content, and the promotion of 24-hour solar-powered, integrated battery-storage electric vehicle charging stations worldwide."

I swear to God, Zi Xiaowei's purpose in launching these two is really just to paint a rosy picture and tie himself to Jingxi for a long time.

The purpose is to make Jingxi Live look like a bonus. Isn’t this technique often used when making antiques?

(End of this chapter)