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【530】 Huge wealth

‘I suddenly entered the top ten and felt very stressed!’

After learning that he had entered the top ten of the richest people in China, Xiao Feng refreshed such a scarf and found it a bit incredible!

In fact, Xiao Feng thought that he might be evaluated for 10 or 20 billion assets, but he really never thought that the number given by Forbes was so large, which was much more than 10 billion more than the Hurun Rich List data some time ago.

"Xiaofeng, it's good to get used to this kind of list!" As a regular on the list, Liu Yonghao is naturally no longer surprised.

Since 1995, Liu Yonghao and several brothers have often appeared on the list, and they even once occupied the position of the richest man. From the excitement and glory at the beginning to the calmness of today, Liu Yonghao has naturally experienced many psychological changes. As a person who has experienced it, his reminder to Xiao Feng is very meaningful.

In fact, Liu Yonghao has now taken the so-called list indifferently. Only by doing a good job in its own companies is more important than anything else!

"I was a little stunned. I didn't expect that I was so rich!" Xiao Feng smiled bitterly and shook his head, saying to Liu Yong: "Second uncle, you also see that my family is here, where can I get hundreds of billions?"

In fact, since he owned the "Purple Bamboo Space", Xiao Feng's concept of wealth has become very weak. He rarely spends money and does not make other investments. He has never considered how much money he has?

Now that the list is released, he is very proud of how much money he has?

"How much money is just a set of data, the key is to live a fulfilling life!" As a veteran rich man, Liu Yonghao's view on money is also quite weak. He hopes to gain more sense of identity and life value through the efforts of the company.

Nowadays, there are tens of thousands of employees of Liu Yonghao's companies, which means that the development of the company will affect the lives of tens of thousands of families, and this is his greatest responsibility. The reason why he is still working hard in his sixties is that Liu Yonghao is no longer for himself, but more for his employees and people in the upstream and downstream industrial chains.

"Yes, I'm at home all day, and no matter how much money I have, I have to cook by myself!" Xiao Feng thought about it and came to a ridiculous conclusion.

However, the simpler the truth is, the more difficult it is to understand.

Perhaps, it is precisely because of this indifference to money that Xiao Feng can gain more fulfillment and happiness!

…………

At present, all industries in the Jinghu system are not listed. Whether it is the Forbes Rich List or the Hurun Rich List, they are only analyzed and judged through some public data. It is really impossible to truly evaluate the assets owned by Xiao Feng.

Taking the "Jinghu Scenic Area" as an example, it received more than 1.2 million tourists in 2011, bringing 500 million rmb of operating income. The profit reached an astonishing 200 million!

Forbes is estimated to be more than 2 billion for "Mirror Lake Company", while Xiao Feng, who owns 51% of the shares, has a net worth of 1 billion in this project, which is also recognized by most financial experts and financial experts.

In addition to this part, Xiao Feng’s most important assets are Jinghu Ranch, all equity in Jinghu Dairy and 80% equity in "Xiaoshi Winery".

"Jinghu Ranch" has now completed the construction of 200 square kilometers of pasture. In the past year, most of Xiao Feng's funds have been invested in this. To this end, Xiao Feng invested a huge part of the profits generated by "Jinghu Dairy" on the pasture. In 2011, the total amount of infrastructure investment and cattle purchase funds reached 2 billion!

At present, the "Jinghu Ranch" stocks 60,000 Holstein dairy cows, and the daily milk production reaches an astonishing 2 million kilograms (2,000 tons), and the daily income reaches 10 million according to the market price. In this case alone, the annual income of "Jinghu Ranch" exceeds 3 billion rmb, and its potential value can be imagined.

As the number of dairy cattle in ranch continues to increase, its final inventory in the future will reach an astonishing 150,000 heads, and its daily milk production will not be less than 5 million kilograms, with an annual income of nearly 10 billion rmb.

In addition, the Angus beef from "Jinghu Ranch" has also become the best top beef in the country and even the world. Currently, the market price of each "Jinghu Beef Cattle" is stable between US$10,000 and US$15,000. In the past 2011, "Jinghu Beef Cattle" brought US$200 million in revenue to "Jinghu Ranch", and its net profit reached more than 600 million rmb!

Based on various data, Forbes made a 10 billion rmb assessment for "Jinghu Ranch", but it also wrote an article pointing out that this data is more conservative. With the current situation and sales trend of "Jinghu Ranch", even if it offers US$3 billion, there are still a large number of wealthy and investment institutions willing to invest.

At present, the "Jinghu Ranch" has been regarded by many institutions in the world as the best milk source and beef cattle production base in the world. Its value can be imagined!

Compared with the huge fluctuations that other industries may face, the agricultural industry has much higher preservation stability. Xiao Feng, who owns the "Jinghu Ranch", is also considered by many financial media to be one of the rich people who are not prone to big ups and downs.

"Jinghu Ranch" has been favored by many professionals as a raw material base. In the past year, the "Kumho Dairy" has won more praise.

After nearly two years of operation, "Jinghu Milk" has become a well-known brand in southern Yunnan, Lingnan, Qiannan, western Guizhou, Haizhou, Peiping and Xichuan Province. The daily production and sales volume has stabilized at about 400,000 pieces, bringing 40 million revenue to "Jinghu Dairy". According to data released by "Jinghu Dairy", in 2011, "Jinghu Milk" will achieve sales revenue of 10 billion rmb and its profit reaches an astonishing 3 billion rmb.

However, compared with the "Jinghu Milk Powder" that has just been on the market for a year, the performance of "Jinghu Milk" seems to be much dimmed.

From the output of 50,000 cans when it was first put into production, to the first half of 2011, the daily output of "Jinghu Milk Powder" has reached an astonishing 200,000 cans! "Jinghu Milk Powder" is expected to complete sales of 50 million cans in 2011, and has successfully become the leader in infant milk powder in the country.

"Jinghu Milk Powder" has more than 13 billion sales revenue plus "Jinghu Milk". "Jinghu Dairy", which has just been established less than three years ago, has successfully achieved its rise, with a total sales reaching an astonishing 23 billion rmb and a profit of no less than 100!

With this alone, Xiao Feng’s personal assets will be extremely high, but considering market fluctuations and other factors, Forbes’ financial experts slightly lowered the asset appraisal of “Jinghu Dairy” a little.

In fact, Xiao Feng’s personal assets may reach more than 30 billion rmb with Jinghu Ranch and Jinghu Dairy alone, but none of these assets have been tested in the market, so Forbes naturally has to make a conservative estimate.

Another highlight is the "Xiaoshi Winery", which produces 1 million pieces of "Xiaoshi Wine". Although it has just risen now, its high prices and the market that is in short supply have doubled its net worth.

"Xiaoshi Winery", which achieved sales revenue of 300 million euros in 2011, is actually an absolute treasure pot. As long as its production capacity and quality can maintain its current quality, the "Xiaoshi Winery" brewed every year can bring it an increase of up to 1 billion euros.

In addition to these big heads, whether it is the "Xiao Family Farm", the "Xiao Family Food" or the "Ginkgo Specialties" online store, they are all projects with good profits. This also allows the assets of the Xiao Feng and Xiao Family to achieve more growth.

In this way, the asset value of Xiao Feng and the Xiao family is not only shown at this level, but because they are non-listed companies, it is difficult to measure by stock prices.

In fact, it is most difficult to grasp the asset appraisal of such non-listed companies when going to the Rance Forbes Rich List or the Hurun Rich List.

Taking Lin Jian, the largest real estate developer in China, from Jinzhou Qianxin Group, as an example, his Qianxin Plaza is spread all over the country, but his asset appraisal is less than 30 billion, ranking 16th on the Forbes Rich List. Therefore, he is considered to be the most underrated rich man on the list, but he is very open about this. Anyway, he is not a star and does not need exposure.

Xiao Feng's assets are too concentrated and various sales data are transparent, so the media can infer his wealth from these data.

…………

Xiao Feng's rise also surprised all media and financial experts. With a ranch, a dairy company and a winery, Xiao Feng, who is under 25 years old, has become one of the 10 richest people in mainland China with an asset of 30.8 billion rmb.

Through the analysis of Xiao Feng's assets, many experts have had fierce debates on specialization and diversification. After all, the Xiao Feng and Xiao family, which are focused on the agricultural industry, rose in a short period of time. Does this mean that specialization has more advantages?

Many companies are now keen on diversification strategies, and the rise of the "Jinghu System" seems to be a force that goes against the trend, which is amazing.

Three years ago, he was working hard in Haizhou for a monthly salary of less than 10,000 yuan. His life experience is really sad.

At this time, many people were curious where the amount of funds Xiao Feng used to start a business came from?

Unfortunately, because of the confidentiality agreement, Zhu Xu of "Longfengxiang" naturally would not expose the details, and the existence of the old general Xu also allowed the government agencies to conduct any investigation into Xiao Feng easily.

When the list was announced and Xiao Feng's scarf was refreshed, the Internet was suddenly filled with excitement. Whether it was Xiao Feng's age, his rise, and his popularity made him the most popular rich man on the list.

Within almost a few hours, Xiao Feng became the number one hot word in Qiandu search. The online names across the country wanted to see how this young man, who looked not much different from ordinary college graduates, became a super rich man?

In order to obtain the secret of Xiao Feng's rise, the school where Xiao Feng once studied, classmates and friends became the targets of media bombing, and everyone tried to dig out something different from Xiao Feng's experience.

Xiao Feng's experience has been studied over and over again by many people, but they racked their brains and would not have thought that Xiao Feng's rise was because of the magical "Purple Bamboo Space"! (To be continued, please search Piao Tianwen, the novel is better and faster!
Chapter completed!
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