Rebirth 1981 starts with saving the sisters from the neighboring village.
984【The Tide of Sharing Economy】
"Haha~" Peng Wanhua glanced at him and smiled slightly.
This feeling of being admired by a great man in the previous life.
Pretty good.
After chatting for a while, everyone dispersed to prepare for the leadership summit to be held later.
Only Gao Shengli, Li Ziqiang, Yu Dongfang and Luo Yihe were left behind. When they saw the others leaving, they all surrounded them.
"Old Peng, please give me some advice. Huasheng Holdings is not making any progress and its revenue and profits are not increasing. It's so difficult for me!"
Gao Shengli came up and started complaining.
He used to be the most cocky one at parties.
Now, among those who run businesses in the same dormitory, only he who is in charge of Huasheng Holdings lags behind.
"I see that Huasheng Holdings is doing pretty well. Its revenue this year is 700 billion. Isn't that pretty good?"
Peng Wanhua took a delicate little tablet from his assistant.
The above is the performance information of Huasheng Holdings retrieved by the assistant.
Gao Shengli continued to complain: "Where is the moisture?"
"Huasheng Holdings has four subsidiary groups, and each of them has entered a period of weak performance."
"Like Shengli Group, it mainly operates two-wheeled motorcycles, three-wheeled motorcycles and related businesses."
"Last year, the global revenue exceeded RMB 300 billion, which can be said to be the largest motorcycle company in the country!"
"But compared with previous years, revenue growth is less than 2%."
"From the perspective of revenue share, domestic revenue has decreased significantly."
"If it weren't for the international export business driving overall revenue growth, last year's revenue would have been negative growth!"
When Peng Wanhua heard this, he couldn't help but smile.
It's the largest and exports are growing, and Gao Shengli is showing off a bit while complaining.
However, no one can be blamed for the shrinking domestic motorcycle business.
These days, major cities are implementing motorcycle restrictions, and they are becoming increasingly strict.
A decline in the domestic motorcycle market is to be expected.
Gao Shengli continued: "The second Shengli Power Group is mainly responsible for the research and development, production and sales of core parts and components such as engines, motors, and electronic controls."
"Last year's revenue was only 55 billion RMB, and year-on-year, the performance dropped by three percentage points."
“Shengli Technology Group’s core businesses include electric scooters, electric bicycles, electric balance bikes, electric single boards, and electric motorboats.”
"Last year's revenue was 150 billion RMB, which is a year-on-year growth of more than 20%."
"There is also Victory Bicycle Group, whose core businesses include regular bicycles, mountain bikes, off-road bicycles, track bicycles, ATVs, and folding bicycles."
"In addition to its own brands, it has sub-brands such as Giant, Trek, Phoenix, Forever, Fei Ge, and Xidesheng."
"Last year's revenue was 200 billion RMB, a slight increase, but still very limited."
"Look, the main business has limited growth and is declining significantly. How can I not be worried?"
Peng Wanhua nodded.
To be honest, with the revenue of Huasheng Holdings, it is not even qualified to make a year-end report.
If Gao Shengli hadn't complained today, he would have basically ignored it.
So what Gao Shengli said was of no use to Peng Wanhua and he didn't feel anything at all.
However, although it doesn’t matter much to Gao Shengli that he is in charge of Huasheng Holdings, in fact, looking at the domestic market, it is considered the leader of the entire industry.
For the sake of his old classmates and roommates, he thought about it seriously.
Huasheng Holdings has a lot of resources, but the market and imagination of traditional industries such as bicycles, electric vehicles, and motorcycles are always limited.
Peng Wanhua remembers that the industry think tank under his family once provided analysis reports and forecasts for the relevant industry for the next ten years.
For example, in the bicycle market, the global production will be no more than 100 million units in the future, but the market is estimated to be worth tens of billions.
As for the electric bicycle market, global production is at most about 2000 million, and the market is billion.
The motorcycle market is slightly larger, with an estimated global total output of 6000 million and a market value of around US$600 billion, equivalent to RMB 4500 billion.
However, the entry threshold to this industry is not high, and even small workshops can enter.
So it's very scattered.
Even if you are the industry leader, your market share will not be very high.
Therefore, even if such companies go public, the market will not give them a very high price-to-earnings ratio.
It takes some time to think about how to break the impasse.
Suddenly, Peng Wanhua had an idea and thought of a solution.
"The sharing economy is booming now. You have so many resources. Do you have any ideas?" Peng Wanhua nodded.
"Sharing economy?" Gao Shengli was stunned.
I feel like this word is a little familiar.
After thinking about it carefully, Gao Shengli suddenly remembered.
"Oh, you mean OFO and Mobike, right? My daughter is an investor in Mobike and OFO."
In fact, OFO and Mobike are both his major customers, purchasing more than 500,000 bicycles every year.
Moreover, his daughter Gao Huihui is also an investor in Mobike and OFO.
Peng Wanhua nodded and said with a smile: "Then your daughter is quite insightful. The sharing economy is a good track."
"Haha, of course!"
Speaking of his daughter, Gao Shengli began to talk incessantly with a proud look on his face.
"After graduating from Wanhua University Business School in 2012, my daughter Huihui joined Wanjiang Investment Group and has been responsible for investing in several successful projects."
"In addition to the OFO and Mobike projects, she also invested in shared power banks, shared massage chairs, shared umbrellas, and electric bicycle battery replacement projects."
Peng Wanhua nodded.
In fact, although shared bicycles are very popular, they are not the best project in the sharing economy model.
The main reasons are that the operating costs are too high, the entry threshold is low, and the competition is too fierce, making it difficult to make a profit.
He remembered that even in his previous life, no shared bicycle company could make a profit due to many problems.
Most shared bicycle companies rely on a big tree to lean on and rely on blood transfusions from large companies.
Those who can’t find a backer are basically out.
Among them, OFO is a typical example. It got up early and died the worst.
In comparison, shared power banks, shared massage chairs, and electric bicycle battery replacement are all very good projects.
Even if the competition is fierce, it can still achieve profitability.
Gao Shengli called his daughter:
"Huihui, come up here and let me introduce you to dad's most awesome brother!"
"Okay, come right away!"
The phone was hung up for a while.
A girl over 1.80 meters tall and with a slim figure walked in.
"Huihui, come here. This is dad's college roommate and also his most awesome brother. You can call him Uncle Peng." Gao Shengli introduced.
Gao Huihui saw Peng Wanhua at a glance and was stunned.
I somehow feel that this face is so familiar!
Especially the charming and iconic beard, which is exactly the same as the photo hanging on the wall of Wanhua University.
My father’s brother is a director of Wanhua University?
Having graduated from Wanhua University, she naturally knew that the school director was Peng Wanhua.
They look so similar and now I hear him calling him Uncle Peng, so they must be the same person!
It’s incredible that he could create such an awesome university and have so many achievements that are worthy of admiration!
Thinking of this, Gao Huihui's legs went weak and she almost knelt down to worship.
"What are you standing there for? Girl!" Gao Shengli pushed her hard, signaling her to say hello quickly.
Gao Huihui's legs were a little weak, and after this push, she almost fell to her knees in front of Peng Wanhua.
"Hello, Uncle Peng!" She reacted and immediately bowed and greeted him politely.
Peng Wanhua nodded and said with a smile: "I was just telling your dad about your investment in the sharing economy."
"The sharing economy is a good model, but the market is small and needs to be integrated."
Gao Huihui agreed. “Yes, OFO now occupies 51% of the shared bicycle market, and Mobike occupies 43%. Several of our investors are pushing for a merger between the two companies.”
"Hu Weiwei of Mobike is fine, but Dai Wei is too focused on self-realization and doesn't want to lose control of the company. It is difficult to promote a merger at the moment."
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