In the large conference room on the top floor of Jinquan Building, Xiao Jie continued: "Each journey is like a mountain. After all, long-term rental apartments are very different from domestic beauty products. But it is undeniable that Ye Taodu's system really puts itself invincible. They can know exactly what consumers want in advance, and then carry out targeted research and development and production, so their new products can always become popular. This actually conforms to the characteristics of new consumption in the current market environment. Consumers are constantly changing and demand is changing, so we must have an effective system. After collecting massive data, tell us where new channels, new scenarios, new people and new designs are. I think this logic is applicable to all current consumer industries, and long-term rental apartments, especially long-term rental apartments that are not built in self-built real estate, are actually consumption."

"Mr. Xiao, what you are talking about is a kind of empowerment by the Internet." A gray-haired member said that he was sitting closest to Xiao Jie, and he was quite polite. "The happy baby, Jinling Shoe Industry, and Ye Taodu, have indeed succeeded. If the company's products are mass consumer goods, we can actually understand it, but long-term rental apartments..."

The white-haired committee member paused and then continued, "A lot of leading companies have also said they need Internet empowerment. After several years, there are basically no companies that have been implemented. In the end, they still started rent loans, and finance that makes money fast, and asked venture capital for round after round. Although renting a house is also a consumption for consumers, for operators, its business model is still different from general manufacturing companies, so we need more specific plans for this project."

After the white-haired committee member spoke, everyone nodded.

At this time, everyone is unsure of investing in long-term rental apartments. This is different from that time from 2010 to 2013. At that time, there was no decent pioneer in the long-term rental industry in China. The blue ocean was magnificent. The company's future development of the big cakes can basically draw whatever they want. Everyone thinks that this track is immeasurable, but now, the horses on this track, especially those who run fast and strong, have been hit and bloody, and the people behind them are scared.

What the committee members present were actually afraid of Xiao Jie’s so-called Internet empowerment cannot be implemented. In the end, Yanzigu Apartment will become a company that can only continue to suck blood but basically not produce milk, just like the hundreds of long-term rental apartments that have fallen down.

How could Xiao Jie not know the worries of the professionals present? If it weren't for the fact that he was the president, Guan Sha would not even be able to attend the conference. Everyone took out the time and patience to discuss together, just to give his president a face.

Faced with everyone's concerns, Xiao Jie just smiled slightly when he heard this. He clicked on the projection remote control, and a very detailed plan chart appeared on the screen, which contained what the data analysis system should do, as well as the corresponding cost savings proportion of each item. Everyone present saw that the number on the total column was exactly 10%.

In other words, Yanzigu Apartment's software and data analysis system need to reduce the company's total cost by 10 points.

"Mr. Xiao, the matters you require in your statement cannot be done by a simple system." said a committee member.

At this time, another person took the conversation, "Yes, I remember that Ye Taodu's Hu Hai team had also been in charge for half a year. I went to see that department during my research, and there were hundreds of people."

"I think as long as we can make such a system, we can help find the team." The committee member named Li just spoke again, "The problem that money and time can solve is not a problem. The problem is that our fund will expire in November this year. Now at this critical moment..." He said this and looked at everyone, then sighed lightly, "In short, if the money is invested and wasted, it will be impossible to explain to investors at the end of the year."

"Do you think there is a better way?" Xiao Jie asked, "Have other project teams recently selected better projects? Have you found buyers in the company in the pool? If you find it, is the price fair? Will it be a situation where the more you sell it, the more you lose?"

After hearing Xiao Jie talk about this, everyone present stopped talking.

There are not just a few projects, but there are still many, but they are almost unreliable. There are only a few reliable ones, and other venture capital institutions are rushing to grab them. In the end, the founder of the company did not ask for the money from Jinquan.

The collapse of Hu's fresh food group buying has a great impact on Jinquan. In addition, the Qingyang branch was seriously damaged due to the fact that Liu Chengnan and Wang Chao, and many middle-level teams who can dig projects ran away with their teams. The newly recruited people are still in the "training" stage, and the industry resources are limited. As the top leader, Xiao Jie is another new recruit. Various reasons have led to the extremely shortage of good projects in the Qingyang branch of Jinquan Group. What's worse, the redemption period of Hongfeng Invesco No. 1 Fund has been less than 8 months.

"Ye Taodu plans to iPo, brokerage firms, lawyers and accountants have entered the market to do the preliminary due diligence. Will he sell it?" Xiao Jie and others.

Seeing that no one replied, he continued to question, "The performance of Bobcat Café has doubled. Taking advantage of the low rent in North America, the company will open 100 stores in 25 core cities in North America against the trend. In the future, hot drinks will enter Canada and Europe. Will they be sold?"

Xiao Jie's tone was not a questioning question, but everyone could smell the biting cold from it.

If you sell a celebrity company that is likely to be listed in the future, the Jinquan will only be blamed even worse by the investors behind it. For those OPs, if the loss-making funds are not sold, the losses will only be short-term. As long as you can hold them, the losses will have nothing to do with them.

But if the rising assets (company equity) are sold in advance, the profits of the rising part will really have nothing to do with them, and the losses will immediately become real losses.

Therefore, in the investment world, everyone knows that selling early is much scary than buying earlier. If buying early, you can earn back the loss time on the books, but if selling early, you will have no position if you want to make money for you.

As a top investment company in the industry, if Jinquan sells its companies that have huge development potential and have even entered the IPO preparation stage to maintain fund performance, it will definitely become a laughing stock in the industry because of its short-sightedness.

"We are still losing about 25 million at present, and the amount is not large. If we can keep it safe this time, we have hopes to convince investors to continue to believe us and not withdraw our investment." Xiao Jie said.
Chapter completed!