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

Kang Le Chain Fitness Center's listing process went very smoothly, and it was listed domestically. This is definitely thanks to Le Xin'er, as the domestic stock market is very complex and its operations are very complicated.

However, it cannot be denied that the financial and operational status of Kang Le Fitness Center itself, as well as the current market environment for fitness centers, are also very important, with many small chain fitness centers springing up like mushrooms after rain.

Ultimately, the Li Group sold all of its shares in Kang Le Chain Gym to Pu Yu Group for 26 billion yuan.

After deducting corporate income tax, the remaining 26 billion yuan is less than 20 billion yuan. If Li Xiaofeng were to allocate a small portion of funds from within the group, it could be used to repay the loan misappropriated from Wanzhong Media.

After shedding the burden of the Kang Le chain of gyms, Tang Shanshan officially became the CEO of the Li Group, responsible for the overall management of the group and the formulation of the group's future development plan.

Of course, major issues must be approved by Li Xiaofeng.

After Tang Shanshan took over the main executive management work of the Li Group, she divided the various businesses of the Li Group into three major segments.

The first sector is manufacturing, currently consisting of only one company, Hongxing Electric Vehicle Factory. Whether to continue investing or to explore new avenues in the future is still undecided.

The main reason is that the investment scale in the past two years has been too large, and it needs one or two years to settle down. In addition, the group currently has too much loan capital and needs to replenish its funds to maintain the stability of the group's operations.

The larger a company is, the more it needs to pursue stability; otherwise, it is easy to create a chain of systemic risks.

Fortunately, Hongxing Electric Vehicle Factory's sales have increased significantly this year, mainly because the low-speed four-wheel vehicle factory it previously invested in in the Central Plains region has started production.

After these elderly-friendly vehicles were launched into the market in large quantities, they were warmly welcomed by the people, and distributors in various regions made a fortune, resulting in a win-win situation.

According to Xu Lei's report, once the low-speed four-wheel vehicle factory and its supporting battery factory in SD province start production next year, sales will increase further. At that time, Hongxing Electric Vehicle Factory will truly turn a profit.

The second sector is the film and entertainment industry. In addition to Dingdian Media, Tang Shanshan also included Wanzhong Media in this sector, which is not surprising, as the advertising industry and the film and entertainment industry are closely related.

Within the Lee Group, Man Chung Media is currently the most profitable company and the group's cash cow.

By the end of 2010, Wanzhong Media's net profit had increased by 20 percent from 2 billion yuan the previous year to 24 billion yuan.

Wanzhong Media is a listed company, with the Li Group holding 50% of the shares. Not all of the net profit belongs to the group, but Li Xiaofeng still decided to distribute all of Wanzhong Media's net profit to further drive up the stock price.

There's no other way; if we don't raise the stock price, we'll have to sell even more shares when it's time to repay the loan, which would be a bad deal.

Previously, the monthly mortgage payment was about 5.5 million yuan per year, but with the significant increase in housing prices in the past two years, the rent has also increased considerably. This year, it has only reached 5 million yuan.

However, the Li Group's loans have also doubled, from 60 billion to 120 billion, and the annual interest payments have increased from 3.5 million to 7 million.

After Wanzhong Media distributed all its net profits, it was able to fill the gap in monthly payments and interest, and also boosted its stock price. For the entire Li Group, this was a win-win situation.

Of course, this will definitely have an impact on the development of Wanzhong Media itself. With all the net profit distributed, its development will be severely limited.

Actually, Li Xiaofeng had his reasons for doing this.

With such strong profitability, Wanzhong Media is bound to attract the covetous eyes of many industry insiders. The most effective way to crack down on Wanzhong Media is to file a complaint against it for industry monopoly.

Once an anti-monopoly investigation is launched, Wanzhong Media will either face huge fines or be broken up. Therefore, by temporarily halting its development, Wanzhong Media will avoid giving others grounds for criticism.

Wanzhong Media has temporarily halted its development, but Dingdian Media can still move forward with great strides.

In the LCD screen advertising industry, Wanzhong Media has a monopoly, but in the film and entertainment industry, there is already Youku Video ahead and Meiyi Video emerging later. Dingdian Media can never form a monopoly.

Fang Huiya's prediction for Vertex Media was correct; the company has already turned a profit this year, although the net profit is only around 1 million yuan, which is a good start.

Among these, Dingdian Films is the main profit-maker, especially through variety shows, which are the foundation of film and television companies' profits, while video websites are still in a loss-making state.

But that's alright. The number of members and advertisers on the website is steadily increasing, and it won't be long before the video website turns a profit.

At that time, Vertex Media will be able to move forward on both legs in coordination, instead of dragging the other leg forward as it is now.

The third segment is the investment segment, which currently only has one company, Puhui Investment.

Pu Hui Investment Company’s main assets are also the core real estate holdings of the Lee Group.

After two years of soaring prices, this year's increase is not significant, mainly due to the introduction of the strictest real estate policies in history.

In addition to restricting the purchase of commercial residential properties, the down payment ratio for second homes has been increased from 30% to 60%. As a result, not only has the space for speculation in housing been eliminated, but the leverage ratio of banks has also been reduced to less than two times.

This policy started in Beijing and Shanghai and quickly spread to first-tier cities across the country. "Housing is for living in, not for speculation" has become the strongest constraint imposed on the real estate industry by the authorities.

Even so, Shanghai's housing prices have seen a slight increase this year, which has added billions of yuan to the value of these properties.

Li Xiaofeng estimates that when it becomes increasingly difficult to speculate on real estate, much of the capital flowing into the real estate industry will flow to other sectors, such as the film and entertainment industry.

He remembered that in his previous life, it was for this very reason that the film and entertainment industry experienced a major boom, with the salaries of top-tier actors skyrocketing from around ten million to over a hundred million in just a few years.

In addition to internal investments, Li Xiaofeng has also begun to explore external investments. Currently, his main investments include Qin's Group, Dongge Mall, and Dami Mobile.

Li Xiaofeng's original intention with these overseas investments was to reap the benefits of the "rebirth" (a financial recovery program) and revitalize the group, thereby alleviating its current financial situation.