v2 Chapter 328： New Real King Group Structure

Chapter 330 New Real King Group Structure

As soon as Cao Xingyu's voice fell, the curious eyes of the audience suddenly turned to Cao Xingyu.

Looking at this situation, what major event Cao always wants to announce? !

After realizing this, everyone sat in a dreadful manner and raised their ears, fearing that they might have missed something, and then each of them raised their pens to make notes.

In this atmosphere, even Xie Qing couldn't help but cheer up.

So serious and solemn, does this kid, or the capital behind this guy, want to play any new tricks?

Xie Qing muttered secretly in his heart.

While feeling the hot gazes around him, Cao Xingyu just smiled faintly, and said concisely:

"The first thing is to increase the number of subsidiaries of the group!"

"Increase the number of subsidiaries?" After hearing this, everyone's faces were puzzled.

Of course everyone is aware of the fact that the group has two subsidiaries.

But in their impression, the two subsidiaries are actually just empty shells, and they simply don’t look like the company should have.

That’s it, why add subsidiaries?

At this time, when everyone was afraid to ask questions, Liu Ting raised her eyebrows and took the lead in answering:

"Mr. Cao, we already have two subsidiaries, real entertainment and real food, do we need to add more?"

"And there is another problem. Our subsidiaries actually didn't really play a role. Except for some of the subsidiaries of our lower-level employees in the corresponding industries, the subsidiaries are basically empty shells."

"Well, the fact that the subsidiary you mentioned is empty shell is another thing I want to mention." Cao Xingyu nodded towards Liu Ting with admiration, and said:

"The Group has decided to formally use the functions of subsidiaries with immediate effect, so that each subsidiary can truly operate!"

"Like our entertainment industry stores, in the future, they will all be managed by Real King Entertainment, and similarly, all restaurants in the catering industry will be managed by Real King Catering."

"Whether it is shops, personnel, operations, logistics, etc., all matters are to be fully accounted for by subsidiaries in the corresponding industry, and each subsidiary is given sufficient autonomy."

"Each subsidiary can focus on a certain industry and field!"

"The six business divisions in our headquarters group remain unchanged, but the personnel can be streamlined. In the future, the headquarters group will mainly do some overall management and coordination of various subsidiaries, and then determine the overall strategy. The development goals, let all subsidiaries strictly follow the strategic goals of the group headquarters to implement!"

This is the final decision made by Cao Xingyu last night after weighing the left and right at home.

Real start to use subsidiaries!

Let the subsidiary operate!

Although the scale is not too large now, the group alone can already undertake all the work, but considering the future structural adjustments, it may be a bit of a headache, and the adjustment range will be quite large.

After all, the larger the scale, the more difficult it will be to adjust the structure. This is a bit of common sense.

Therefore, it would be better to simply take advantage of this moment and directly specify the structure and clarify the role of the subsidiary.

Let the corresponding subsidiaries of each industry formally operate, and establish a standardized management mechanism in advance.

Compared with other companies that are unable to clarify the company’s future, Cao Xingyu’s development of Shiwang Group is almost predictable, as far as the company structure has not been clear. At least he is very clear about the fields he will enter.

This is also his unique huge advantage.

You can build a basic structure first, and continue to improve this structure as the company develops.

"Uh, I understand." Upon hearing this, Liu Ting nodded and understood:

"Let each subsidiary focus on a certain industry, not only can better accumulate the experience and resources of a single industry, but also clarify the responsibilities of each company."

"When the scale becomes larger and larger, the role of the subsidiary will be fully utilized."

"That's right." Cao Xingyu smiled and nodded.

After the conversation between the two, everyone present also understood Cao Xingyu’s intentions.

In the final analysis, it is to divide the boundaries with subsidiaries as a unit, so that each subsidiary can focus on a certain industry field, instead of being completely arranged by Real King Group as it is now.

The benefits of this are obvious.

There will be no confusion, the responsibilities are very clear, and each subsidiary can focus on a certain field, which is of great benefit to the company's accumulation of experience and resources.

For improving work efficiency, it can also have an immediate effect.

The practice of dividing businesses according to subsidiaries like this is common in many large enterprises, whether it is the Internet or traditional industries, there are many examples.

just

Those are all big companies!

"Mr. Cao, we are all okay with our own subsidiaries in the catering industry. After all, the number of catering stores is increasing. Especially after the completion of this large-scale acquisition of stores, our total number of stores will definitely reach Thousands of families!" Ye Xiufei interjected:

"But in the entertainment industry, our current stores are so pitiful. Is it necessary to divide this situation into such detail? It is better to manage them together first."

Ye Xiufei's remarks basically expressed the aspirations of many people present.

A discerning person can see that the role and value of subsidiaries have been continuously improved with the increase in scale.

Only when the scale becomes larger and larger, the value of the subsidiary will be greater.

Conversely, like the twenty or so stores in the entertainment industry, it is necessary to establish a subsidiary to manage them?

Obviously, it’s a bit of a waste of resources, and the taste of unreasonably increasing costs is in it.

"There are fewer stores in the entertainment industry at present, but that doesn't mean there are fewer stores in the future." Cao Xingyu responded meaningfully.

As soon as Cao Xingyu’s words came out, everyone was immediately shocked.

Mr. Cao, does this mean to enter the physical store of the entertainment industry?

This.

It doesn’t seem to be impossible!

Many people came back to their senses, and how long did Real King Group develop?

Only two months old!

In such a short period of time, it has expanded to its current scale.

The catering industry is rushing to a thousand stores!

Such a terrifying expansion speed, coupled with the strength that Mr. Cao can't figure out for ordinary people.

If you turn your attention to entertainment industry stores in the future, will it be difficult to expand?

It doesn’t seem to be difficult at all!

At that time, maybe the number of shops in the entertainment industry will also rise sharply!

"I see." Ye Xiufei was taken aback for a while, and replied excitedly:

"Mr. Cao, this is to make the layout in advance, first adjust the structure, in order to deal with our upcoming expansion!"

"Improve the efficiency of our management in the future!"

"Well, almost." Cao Xingyu nodded nonchalantly.

After getting confirmation from Cao Xingyu, everyone present couldn't help showing excitement.

After all, the company's growth is closely related to them!

"Mr. Cao, are the two subsidiaries, Shiyu and Shimei, not enough? New subsidiaries should be added?" Liu Ting pursed her lips and asked:

"Our company's current assets seem to be involved in restaurants and entertainment stores."

As soon as said this sentence, everyone immediately came back to their senses, and their faces were surprised.

correct!

I almost forgot this!

There are two subsidiaries now. Isn’t that enough?

You need to know that these two fields are quite large, and a lot of funds are already needed!

actually has to increase?

Does the Group involve more new fields and new businesses?

"Well, it's far from enough." Cao Xingyu smiled and nodded. In the eyes of everyone's doubts, he spoke faintly:

"Four subsidiaries will be added this time."

"Real King Real Estate Co., Ltd., Real King Logistics Co., Ltd., Real King Software Technology Co., Ltd., Real King Investment Co., Ltd.!"

Wow!

As soon as these words came out, it was like a blockbuster, causing an uproar in the audience!

All the people present were shocked, and they couldn’t care about it because they were in a meeting. They couldn’t help but exclaimed:

"Real King Real Estate? Do we still want to do the real estate industry? This. Now the real estate industry has the highest entry barrier in the real estate industry! Unlike before, buying land is cheap, and now the price of land has already risen. Many times, and the bank has extremely high requirements for cash. Without a certain amount of cash flow, you can't even buy land!"

"Real King Logistics? Does it mean our takeaway delivery team? Isn't that a short-distance takeaway delivery service? It doesn't seem to be related to traditional logistics at all?"

"Real King Software, is this going to split our current software team out?"

"There is Real King Investment. Don't we still get involved in the investment field?"

"."

Sounds of surprise and inexplicable sound keep ringing!

It is that the industry fields corresponding to the names of these four subsidiaries are too large!

For the time being, regardless of Realking Software, the other three, it can be said that all of them are gold swallowing beasts!

The demand for funds is quite amazing!

Therefore, no one would have thought that Mr. Cao would suddenly add such four subsidiaries, aiming at a few of them. For Shiwang Group, it is a brand new field!

The key is that the fields covered by the existing two subsidiaries of real entertainment and real food also require a lot of capital investment!

So many fields, is it really enough?

Also, aren’t we engaged in physical stores and chain brands?

Jumped out of this circle immediately

Everyone's thoughts are starting to mess up!

can't keep up with Cao Xingyu's rhythm at all.

Lian Xie Qing aside, when he heard the news, he couldn't digest it.

Because all the time, in her analysis, the business model of Real King Group has revolved around the store.

Including the subsequent realization, she probably has some direction in her heart.

is nothing more than using stores to form a certain monopoly, and then after having a market position, use various methods to monetize traffic.

This model has been verified for a long time, but the only difference is that it does not operate a store like the Real King brand.

But Xie Qingzhen was a little dumbfounded when he heard the four subsidiaries mentioned by Cao Xingyu.

Especially Real King Real Estate

Is this the rhythm of becoming a competitor with our Xie Group?

Xie Qing looked at Cao Xingyu in disbelief. Does this guy know what he’s talking about?

Also, in the real estate industry, who do you think can play if they want to play?

As we all know, the real estate market in recent years has long been monopolized by a group of established real estate developers.

At most, there are some local real estate developers in each city who can get a share of the pie.

The local real estate developer is either an old brand and has developed for many years, or it has a certain relationship and background in the local area.

What does Real King Group have?

Nothing!

Dare to call for the establishment of a real estate subsidiary? ?

Not to mention logistics, it has long been a red sea, and the competitive pressure is not ordinary.

How about playing for life?

In other words, the establishment of these subsidiaries is just to save face? Pretending?

Xie Qing thought of a possibility.

In the face of everyone's surprise and disbelief, Cao Xingyu smiled disapprovingly, and continued:

"Real King Real Estate, the follow-up business of this subsidiary is the real estate industry."

"Not only commercial real estate, but also residential real estate. In short, real estate-related real estate will be involved in the future!"

"It's just that Real King Real Estate will not make any major moves for the time being. The initial task is more to conduct market research."

"Put the research target in Sansha City, collect all relevant real estate information, and learn and settle first."

"Prepare for us to enter the real estate industry."

"You really want to play real estate? And are you involved in commercial real estate and residential real estate???? Are you crazy?!" Xie Qing couldn't help but ask aloud after hearing this, the news is too amazing!

There is one real estate developer in the country, and they generally focus on commercial real estate, so they won’t get involved in housing.

Like the Xie Group, it is one of the outstanding and typical representatives.

As for residential houses, they generally don’t get involved in commercial real estate. Even if they do, they are only the kind of commercial that comes with the community, and the volume is small.

The reason is that real estate requires too much cash!

And there are many competitors, the competition pressure is great!

In addition, real estate developers also have a brand effect in it, focusing on a certain area, which can better build brand awareness and make customers trust and buy.

Don’t underestimate brand awareness, this is too important for real estate developers, because it involves the rate of return and the speed of payment.

The faster the payment is received, the faster the expansion will be, and the more funds will be available to open land and open new real estate.

Conversely, if a real estate cannot be liquidated for a long time, it means that the real estate developer will be unable to withdraw funds for a long time.

For the real estate industry with high cash flow requirements, this situation will cause some small real estate developers to have unfinished situations.

All unfinished buildings in the country are basically related to the break of the capital chain.

At the moment, Cao Xingyu said to set up a subsidiary to conduct research, collect data, and make perfect preparations.

Speaking to this point, if Xie Qing still can't hear Cao Xingyu's serious words, it will be useless.

Others present were shocked when they heard that Cao Xingyu began to arrange early goals for the real estate company!

Investigation, to be straightforward is to learn and accumulate experience!

After all, like the real estate industry, there is too much expertise in it!

For Realking Group, if you enter blindly, you will probably have to step on a lot of pits and pay a lot of tuition.

Research in advance, UU reading www. uukānshu.com is able to avoid many detours in the future.

My God, isn’t it, you are really ready to enter the real estate? !

The whole audience was in shock.

"That's natural." Cao Xingyu smiled and nodded in response to Xie Qing.

After a pause, Cao Xingyu took out the two documents he had prepared, pushed them to the center of the conference room desk, and said astonishingly:

"In fact, we have already dabbled in real estate."

"The two copies, one is the residential property in Crystal County, and the other is the store property of our flagship store on Daxing Road Pedestrian Street."

"Of course, this is nothing but a little trouble at best, and it's not a formal entry into the real estate industry."

"This is just to tell everyone that in the real estate industry, we will definitely get involved in the future."

Wow!

As soon as Cao Xingyu's words came out, the audience was in an uproar!

A pair of shocked eyes, looked at the pile of documents on the desk in disbelief!

(End of this chapter)