Only after being reborn did I realize how fascinating the world of the rich is.

After returning to Shanghai from Beijing, Li Xiaofeng put Liu Qianqian in charge of raising funds to invest in Dongge Mall and Dami Mobile Phones. He then contacted Le Mengyao to help him sell the Kang Le chain of gyms.

"Why are you suddenly selling your chain of gyms? Weren't you about to go public? Is something wrong?"

Le Mengyao was very surprised. She twisted her body and stared straight at Li Xiaofeng, as if trying to see through his thoughts and find some unusual clues.

Li Xiaofeng smiled and pulled her back into his arms, saying in a calm tone, "What kind of person do you take me for? How could I possibly resort to such underhanded tactics?"

If you don't believe me, you can come here anytime to check my accounts. My accounts can withstand even an audit by the tax authorities.

"Why would you sell such a perfectly good company?"

"Why can't a good company be sold? Good things are valuable, don't you think? The main reason I sold Kang Le Fitness Center was due to the adjustment of the group's strategic development."

Currently, the Lee Group is still pursuing a diversified development path. This development direction is not wrong, as it allows them to make full use of their resources, earn more money, and enhance the overall strength of the group.

However, this development model is unsustainable and often results in a large but weak economy, gradually losing its competitiveness in future development.

As the chairman of the Li Group, I must always be mindful of this. Therefore, the Li Group will definitely need to integrate resources and narrow its development focus as much as possible in the future.

"Oh, so in which direction is your Li Group planning to shrink?" Le Mengyao asked with a face full of curiosity, as if she wanted to pry into the business secrets in Li Xiaofeng's mind.

However, these things were not considered trade secrets by Li Xiaofeng. The future strategic development direction of a group company could not be kept secret at all; on the contrary, it had to be widely publicized.

Only by communicating upwards and downwards, and ensuring that the thinking of the entire group is as consistent as possible, can the group's development have a stronger internal driving force.

"Isn't it obvious? You can tell by looking at my investment direction. One of them is definitely manufacturing. Manufacturing is the cornerstone of a country and an industry that a country will always rely on."

Aligning with the country's development needs is called going with the flow. Although the profit margin in manufacturing is relatively low, its advantage lies in long-term stability, which is the fundamental reason for ensuring the long-term development of the Lee Group.

Another industry is film and entertainment. With the rapid development of our country's economy and the improvement of people's living standards, the demand for spiritual fulfillment will also increase.

More importantly, historical experience shows that during economic crises and periods of economic downturn, demand in the film and entertainment industry tends to be even stronger, and the decline is much slower than in other sectors.

Le Mengyao asked, somewhat puzzled, "You want the Li Group to develop in a more specialized direction, so why not focus on developing in one direction instead of developing in two?"

I recently saw you've started this Lego.com website; it's clearly a move towards e-commerce. You're not just trying to fool me, are you?

Li Xiaofeng smiled and said in a calm tone, "Specialized development does not mean developing in only one direction. It depends on the industry's demand for funds and the group's own strength."

If a group has 100 billion in funds, but only needs to invest 10 billion in certain areas, wouldn't it be a waste to develop only one direction?

Take my company, Wanzhong Media, for example. It has already reached the ceiling of the industry. If we were to invest heavily in it again, the profit margin would definitely decline significantly.

Furthermore, China has already enacted the Anti-Monopoly Law. If a company were to expand its scale recklessly without regard for consequences, it could potentially provoke dissatisfaction from higher authorities and trigger anti-monopoly regulations.

My net worth, especially the real estate investments I made in the past two years, is appreciating rapidly along with the continuous rise in housing prices.

Therefore, it's not that I don't want to develop in only one direction, but rather that my financial resources don't allow it!

Le Mengyao playfully punched him, pouting and saying with some dissatisfaction, "Are you showing off your wealth to me? You're amazing, starting from scratch and surpassing the efforts of several generations of our big families in just a few years, okay!"

Li Xiaofeng said with a grin, "I really didn't mean to brag to you. I was just telling the truth. Besides, it's not that I'm particularly capable. It's just that I caught the wave of development and happened to be on the right track at a few key moments."

In fact, I am indeed integrating resources.

For example, in the film and entertainment industry, I established Dingdian Film and Television, but also established Dingdian Film and Television Network. I was preparing to sell Kang Le Fitness Center, but I kept Kang Le Free Fighting Club and the sports program "Kunlun Peak".

My purpose in doing this is to conduct a major integration of the film and entertainment resources I have.

For example, why did I take back Wanzhong Media? Besides the fact that Wanzhong Media is a profitable company, it's also because it's an advertising company, which allows for resource integration with my other subsidiaries.

"Then what are you doing with Tesco.com? What's going on?"

"Lego.com is a product sales platform, and it is also an empowerment platform for the real economy. Another core of the Lee Group in the future is manufacturing, which is to put it bluntly, the real economy."

Therefore, it's absolutely necessary for the group to have its own physical product sales platform, wouldn't you say?

Although Le Mengyao still looked suspicious, she reluctantly believed Li Xiaofeng's explanation and said in a light tone, "Alright then, I'll ask them for you and see who is interested in your company!"

However, don't blame me for being overly suspicious. After you sold Wanzhong Media, you forcibly bought it back. Others will definitely think twice about that!

"I can't be blamed for what happened to Wanzhong Media. My original intention was for everyone to do business peacefully and avoid mutual losses, so I took a step back. But who knew that an economic crisis would suddenly come and drive down everyone's asset prices so much!"

Doing business requires harmony to make money, but when an opportunity to make money comes, you must seize it. The business world is like a battlefield; being too kind doesn't make you a good general, and being too righteous doesn't make you a good businessman. Sometimes being too amiable can make you seem weak, and others will take advantage of you.

"Back then, when I was weak, I could back down in the face of the powerful Luo Siqi. Now that I've become strong, why can't Luo Siqi back down in front of me?"