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

Tang Shanshan smiled and said to Li Xiaofeng, "This year, in addition to Hongxing Electric Vehicle Factory starting to exert its efforts, Feiyu UAV has also started to exert its efforts. Not only have consumer drones become very popular, but agricultural drones have also received a lot of orders."

This year's total revenue reached 20 billion yuan, and net profit reached 3 million yuan. Although it cannot compare with the revenue of Hongxing, the sales momentum is rising rapidly.

In addition, since Feiyu has sufficient R&D funding, in addition to drone products, we are also using existing technologies to develop products such as action cameras, handheld camera gimbals, and outdoor power supplies.

The reason for developing so many product lines is that current market research indicates a rapid growth in outdoor tourism, and products including consumer drones will benefit from this.

"Sales are great! Aren't we already leading the industry now?"

Tang Shanshan nodded: "Yes, our biggest competitor right now is Xinjiang, but their revenue this year is only over 800 million yuan, so they are not our competitor."

Furthermore, their products are only focused on consumer-grade drones, and their financial strength is far less than ours. I plan to continue investing this 3 million yuan to increase our R&D efforts.

"That's right. I wonder if Xueying will regret selling the company she founded when she sees how well it's doing now."

As for the 300 million, it won't be of much use at headquarters. Feiyu is relatively small right now, so investing in it will be very beneficial for the company's development. So, we'll do as you say.”

Then, Li Xiaofeng turned to Miao Peipei and asked, "Peipei, how's your Lego.com doing? I heard that Puyu Group is also preparing to enter the group buying market."

They have strong financial resources, so we need to try to get ahead of them and capture more market share.

Miao Peipei cleared her throat and said confidently, "At present, Lego.com has been initially rolled out nationwide. We already have delivery rider outlets in second-tier and above cities, and we plan to extend to third- and fourth-tier cities next year."

In addition, our various auxiliary services are also progressing smoothly.

We have already established business partnerships with major cinemas and have initially connected in real time. Customers can book tickets directly from our website and have them delivered to their door by our delivery riders.

Hotel room information in various cities is now online in real time, allowing customers to book rooms directly online and check in simply by presenting their ID card.

"What is the current revenue situation of Tesco.com, and how long can its funds last?"

"We haven't broken even yet, but our revenue is growing very fast. I estimate that even if we don't break even next year, we will definitely break even the year after."

As for funds, of course the more the better, but I know the group's cash flow isn't plentiful right now. I won't cause the group any trouble this year; the funds I have should be enough to last another year."

Tang Shanshan smiled and explained, "Peipei, you don't need to worry about these issues. Although the group's current loan amount has reached 100 billion, the net assets of the real estate investment the company made before have exceeded 600 billion."

"So many?" The group of girls exclaimed in surprise.

"This is all because Xiaofeng has a good eye for investment. He invested almost all of his funds in residential properties in Shanghai. When he bought these properties, the average price was over 7,000 yuan per square meter. Now the average price has risen to over 20,000 yuan per square meter."

Do the math. The prices of these properties have already tripled. Add to that the 3.3 times leverage from bank loans, and the assets have increased tenfold!

Of course, this is just an estimated gross profit. If you really want to cash out these properties, you will need to pay 25% corporate income tax, as well as various transaction fees, and you will also lose some monthly payments and loan interest.

These properties are the cornerstone of our Li Group and the engine driving its progress. With them as our foundation, you all have absolutely no need to worry about funding.

Fang Huiya muttered with some disappointment, "Ah, I feel like all the hard work has suddenly lost its meaning. It turns out that all our efforts are for naught, and we don't even make as much as he makes from a fraction of what he earns from casually investing in a bunch of real estate!"

Liu Qianqian said with some surprise, "Who wouldn't say that, Xiaofeng? You've been living such a leisurely life, and you've already made so much money? Is this the legendary 'making money while lying down'?"

Li Xiaofeng straightened his collar slightly and said smugly, "This is called strategic vision. Sometimes, choice is more important than effort. I made the right choice, so naturally I made money."

Huiya, don't be discouraged. The rise in real estate prices is cyclical. Once housing prices reach a certain level, the real estate market will enter a trough, and housing prices will definitely fall.

At that time, I will liquidate these properties. Therefore, my investment in real estate is to make a quick profit.

The industries you are engaged in each have their own advantages, but they are all businesses that can be developed in the long term. At that time, these industries will become the main source of income for the group.

Xiao Pingping stuck out her tongue and said with a sigh, "I thought he was a lazy bum who had nothing to do all day and just lived off his older sisters!"

Li Xiaofeng deliberately put on an annoyed look and said, "Pingping, do I look that bad? Don't you even think about why our group is called the Li Group? Is it just because I'm a man?"

"Don't be angry, that's not what I meant!" Xiao Pingping said somewhat apologetically.

Li Xiaofeng smiled and said, "Actually, I might not necessarily be able to live off you. As I just said, once these real estate properties are liquidated, the Li Group will have to rely on you to support it. At that time, I will be living off you!"

Xiao Pingping's eyes seemed to be full of little stars as she said, with an expression of boundless imagination, "This batch of real estate is already worth 60 billion yuan."

When you liquidate it, how much money will that be? Probably at least a hundred billion!

At this point, Xiao Pingping's gaze fell on Li Xiaofeng again, and she asked curiously, "Xiaofeng, with so much money, will you be able to spend it all in your lifetime?"

Li Xiaofeng said with a grin, "It's okay if we can't spend it all. You guys can spend it with me. It doesn't matter if we can't spend it all. We can save it for our children. That way, the descendants of the Li family won't lose at the starting line!"