Cherreads

Chapter 130 - Chapter 130: 3 Billion Yuan Performance Bet, Meiyou Technology Park!

"Let's build a Meiyou Technology Park!"

Wang Yi's expression was calm, but his mind was racing:

'Are they afraid that once I start school, I'll move Meiyou's headquarters to the Imperial Capital?'

'Or are they worried that other cities offer better conditions, and I might leave?'

'So they want me to build a technology park to completely tie me down in Jizhou!'

Wang Yi smiled:

"Director Hong, you must be joking. Meiyou has just started, and money is being spent everywhere. How could I have the funds to build a technology park?"

Wang Yi was telling the truth; a technology park costs too much, it's not something you can just build.

Currently, Meiyou, with the help of the "pure desire" style and new lipstick shades, has considerable profitability, but opening flagship stores and buying factories also cost a lot!

They still need to save money to make phones; how can they have money to buy land and build a technology park?

That's what big companies do.

For a small company like Meiyou, development is still paramount.

Unless the other party provides sufficient preferential policies and low-interest loans!

"You brat, crying poor to me?"

Director Hu chuckled inwardly but said aloud:

"Boss Wang, it's not good to be so modest. Meiyou's account should have over 100 million yuan by now, right?"

Wang Yi did not object.

With continuous trending on hot searches, users reaching 9 million, and so many hit products launched, profits had long exceeded 100 million yuan.

Even after buying factories, buying some shops, and opening flagship stores, spending a lot, there's still 150 million yuan!

Wang Yi nodded:

"Yes, there's 100 million yuan, but that amount of capital isn't enough to buy a piece of commercial land, let alone build a technology park!"

Even though the real estate market hadn't boomed in 2011, and land in Jizhou was still relatively cheap.

Industrial land is very cheap, currently only a few hundred thousand yuan per mu.

But commercial and financial land prices are even more expensive than residential land!

It's about 10 times that of industrial land, with one mu costing 3-5 million yuan!

That's right, commercial and financial land is that expensive!

If Wang Yi had enough funds, he would definitely seize the opportunity while land prices were cheap to acquire land and build a technology park.

Unfortunately, he didn't!

Director Hong waved his hand:

"We came to you with sincerity, of course. 300 mu of commercial land, worth 1.5 billion yuan, given to you for free!"

Wang Yi was tempted but not excited.

There's no such thing as a free lunch!

The better the conditions, the higher the demands they often come with!

Like the 2018 performance agreement between Modu and Tesla:

Tesla was allowed full ownership.

Modu gave Tesla land worth 9.8 billion yuan for 980 million yuan!

And provided 40 billion yuan in low-interest loans!

But it required that after five years, Tesla pay 2.23 billion yuan in taxes annually, or the land would be returned!

Furthermore, all supply chains had to be localized, and within five years, a new super factory had to be invested in and built in Modu, among other restrictive conditions.

Now that the High-tech Zone is giving Wang Yi 300 mu of land worth 1.5 billion yuan, it's likely accompanied by various demands, or even a performance agreement! Seeing Wang Yi remained unmoved, Director Hong continued:

"Furthermore, the district will act as a guarantor and provide you with a 500 million yuan interest-free loan for three years. When the three years are up, you simply pay it back in a lump sum. It's enough for you to build the first phase of the Meiyou Technology Park!"

Wang Yi was stunned.

Free land, and an interest-free loan!

These conditions are truly tempting!

Wang Yi sighed:

"Director, I'll take this deal. Tell me the requirements!"

"Hahahaha."

Director Hong laughed.

Before coming, the management committee had already discussed it, certain that Wang Yi would take the bait!

"The requirement is that within three years, Meiyou's annual revenue must exceed 3 billion yuan!"

"If successfully achieved, the performance bet ends, and the 300 mu of land worth 1.5 billion yuan will be given to you for free!"

"If not achieved, Meiyou will need to purchase the 300 mu of land in full, and pay according to the price three years later!"

Wang Yi understood.

This move by the management committee was quite clever.

A three-year performance agreement is not a long duration, and the risk is controllable.

As for the 500 million yuan loan, regardless of the outcome, Meiyou would have to repay the bank in full after three years, so the High-tech Zone would incur no losses.

The key lies in the 300 mu of land and 3 billion yuan in annual revenue!

300 mu of land, what does that mean?

As large as a residential community with 6,000 households!

Xiaomi Industrial Park is only 180 mu!

Of course, Xiaomi Industrial Park is in the Imperial Capital, and it was in the Imperial Capital after housing prices had soared a few years later, where every inch of land is precious.

Jizhou in 2011 was naturally cheaper, so they could offer 300 mu at once!

And 3 billion yuan in annual revenue, with an average monthly revenue of 250 million yuan, what does that mean?

At Vancl's peak, it was valued at 24 billion yuan, but its annual revenue was only 3 billion yuan!

The High-tech Zone doesn't believe Meiyou can reach Vancl's peak within three years!

Even though Meiyou's summer revenue is astounding, it's only because of its groundbreaking "pure desire" style dresses!

Dresses only sell well this summer, but they won't sell well in spring, autumn, and winter!

Frankly, even if Meiyou can achieve 500 million yuan in revenue in September, by October and November, even 100 million yuan might be difficult!

Next summer, other brands will follow suit, and it will be difficult for Meiyou to replicate this year's glory!

The difference between the peak and off-peak seasons for dresses is just that significant.

Consistent with outside views, the High-tech Zone also doesn't believe Meiyou can keep advancing rapidly, let alone achieve 3 billion yuan in annual revenue!

At that time, if Meiyou fails the performance bet, the cost of the 300 mu of land would still have to be paid in full!

And according to the price three years later!

By then it wouldn't be 1.5 billion yuan anymore, but 2 billion yuan, or even 2.3 billion yuan!

After all, land prices will become more and more expensive!

In this way, the High-tech Zone would not only not lose money but also earn 500 million yuan, an absolute bargain!

But what if Meiyou's annual revenue breaks through 3 billion yuan?

Then Meiyou would be the next peak-level Vancl, with boundless prospects!

Although the 300 mu of land was given for free, the taxes Meiyou generates for the High-tech Zone, the economic growth it drives, and the employment value it creates, etc., would, over a few years, far exceed the land value!

With a technology park, Meiyou can also be tied down in Jizhou, contributing taxes to Jizhou every year!

The High-tech Zone would win big!

It can be said that with this performance bet, regardless of winning or losing, the High-tech Zone would win big.

The only difference is whether they make a small profit of a few hundred million yuan, or continuously make several hundred million more yuan, along with countless GDP and performance achievements...

As for Meiyou failing the performance bet and not having money to pay for the 300 mu of land, that's not a problem either.

After all, the land can't run away, and neither can Meiyou's technology park!

The smile on Director Hong's face grew brighter.

In this high-stakes game, the High-tech Zone held the winning hand!

Wang Yi also smiled.

Only a fool would refuse 300 mu of commercial land given for free!

As for 3 billion yuan in annual revenue?

Everyone thinks Meiyou can't do it, everyone thinks Meiyou will cool off in autumn and winter, but Wang Yi thinks it's not difficult!

What's more, it's three years later!

With Meiyou's current development momentum, if it can't reach 3 billion yuan in annual revenue even after three years, Wang Yi would be ashamed to call himself a reincarnator!

"Director Hong, I accept this performance agreement! But where is your land? If the location is too bad, that won't do!"

Wang Yi said quietly.

"Don't worry, the location is naturally good, right here in our High-tech Zone, east of Inspur Technology Park! 300 mu of land, even bigger than Inspur Technology Park! It's right here, not far from your Meiyou Building."

Director Hong opened his phone and showed it to Wang Yi, fearing Wang Yi would find it too remote, and decisively painted a bright picture:

"Although it's still the Great Eastern Suburb now and relatively desolate, it will be great in the future! You have to believe in the High-tech Zone's strength and determination to build an industrial high ground!"

If it were anyone else, they might genuinely look down on this Great Eastern Suburb.

But as a reincarnator, Wang Yi was well aware that not far to the east of this land, a financial center would be planned next year!

Coupled with the surrounding science and innovation parks, the Olympic Sports Center, and a host of other technology parks, in a few years, it would directly drive up all the surrounding land and property prices.

Currently, land here isn't worth much; 300 mu of commercial land is only 1.5 billion yuan.

A few years later, when the financial center is fully built, this 300 mu of commercial land would be worth 3 billion yuan, or even 5 billion yuan!

Just this piece of land is an incredible bargain!

It's precisely because the Great Eastern Suburb is currently desolate, and the High-tech Zone is eager for development, that they continuously offer land, attract investment, and boost the economy!

When this place becomes prosperous in a few years and the High-tech Zone becomes the city's leader, trying to get land again would be difficult.

Even if you spend a billion yuan to buy it, you wouldn't be able to.

By then, the surroundings would have already been fully developed, and every inch of land would be precious.

"Okay, I accept this performance agreement."

Wang Yi agreed. With 5 billion yuan given for free, it was impossible to refuse!

"Indeed, we didn't misjudge you!"

Director Hong's face lit up with joy.

He smiled and extended his hand, sighing inwardly:

"Such a sure-win performance bet is truly great."

Wang Yi also smiled sincerely:

"The 300 mu of land given for free, which will be worth 5 billion yuan in the future, is truly a steal!"

Originally, Meiyou would have to wait until at least the first half, or even the second half, of the year after next to have enough capital to build a technology park!

After all, all the money earned this year had to be saved for making phones!

But who would have thought the High-tech Zone was so generous, directly giving away 300 mu of land for free!

And the 500 million yuan interest-free loan are exactly what Wang Yi needs most right now.

This works out perfectly; the technology park planning for the year after next can now be put on the agenda! From 2005 to 2010, Inspur Technology Park's total investment was 1.28 billion yuan.

Now Meiyou Technology Park is larger; to build it all, it might require 1.5 billion yuan, or even more!

After all, to build a technology park, all supporting facilities must be built, including several tall buildings!

Wang Yi made up his mind to divide Meiyou Technology Park into three phases; the 500 million yuan interest-free loan from the government is just enough for the first phase!

With the first phase of the project like this, Wang Yi wouldn't need to invest more money into it, thus not affecting the phone business.

If the project is advanced at full speed, the first phase can be completed in about a year.

As long as funds are in place, the speed of domestic infrastructure construction never disappoints.

In this way, when the financial center's demolition is frozen next year, and Wang Yi's two Meiyou Buildings are both demolished, they can just move into the first phase of Meiyou Technology Park!

By then, Meiyou would have significantly upgraded! Wang Yi made up his mind that Meiyou's core base in the future would be divided into two parts.

One part would be the Meiyou Research Center, located in first-tier cities like the Imperial Capital and Modu.

R&D centers requiring top-tier talent would all be placed in the Meiyou Research Centers in the Imperial Capital and Modu, to facilitate recruitment.

The scale would not be large, but the value would be high.

The other part would be Meiyou Technology Park, located in Jizhou!

Ordinary R&D departments, administrative departments, marketing departments, e-commerce departments, beauty departments, and upstream and downstream industry chain office departments, etc., would all be placed in Meiyou Technology Park in Jizhou, thus lowering costs and providing a larger park area.

The 300 mu Meiyou Technology Park can accommodate numerous upstream and downstream industry chains, even if Meiyou incubates them.

Of course, the technology park is only for office departments; factories would certainly not be located here.

As for phases two and three, they will be built slowly when there's money later!

As long as Meiyou's annual revenue reaches 3 billion yuan, the performance bet ends, and this piece of land will belong to Wang Yi!

This is not difficult for Wang Yi!

Even if clothing sales cool off in spring, autumn, and winter and don't reach 3 billion yuan, Wang Yi can simply integrate phones into Meiyou to boost performance.

In that case, the 3 billion yuan revenue might even be achieved next year; it wouldn't take three years at all!

Thanks to the High-tech Zone for the 300 mu of land!

However, the plot ratio of this land must have restrictions, estimated to be around 1.5, and there are also restrictions on super high-rise buildings.

This isn't good; the plot ratio must be increased first!

In the future, this technology park will be extremely valuable, so Wang Yi naturally hopes for a higher plot ratio to build more Meiyou Buildings, increasing the building area and preventing the park from being crowded.

It can also serve as a landmark!

If it can become the tallest building nearby, towering over the buildings of other giants in the vicinity, when people pass by in the future, everyone will know Meiyou's strength!

This is inherently the best publicity!

Even if Inspur next door's revenue completely dwarfs Meiyou's current revenue, but their building isn't even a quarter as tall as Meiyou's, wouldn't that be infuriating?

Of course, skyscrapers cost countless sums.

Wang Yi plans to secure the land first, and wait until he has money in a few years, demanding sufficient preferential policies, before building it.

"Director Hong, since the High-tech Zone wants to build an industrial high ground, it definitely needs a landmark building."

Wang Yi said with a smile.

Director Hong fell into thought:

"What do you want to do?"

"I want to increase the plot ratio of this 300 mu of land a bit, so we can build more high-rise office buildings, accommodate more office units, and boost the economy. It can also be more modernized!"

"It would be best to build a 400-meter, or even 500-meter skyscraper, as a landmark for the High-tech Zone, to showcase the strength of our High-tech Zone!"

"Four hundred meters, five hundred meters! A High-tech Zone landmark!"

Director Hong smiled:

"Showcase the strength of the High-tech Zone? I think you want to build a Meiyou landmark to showcase Meiyou's strength, don't you? Young man, your ambition isn't small!"

"Hahahaha. Meiyou is in the High-tech Zone, so it's naturally also a landmark for the High-tech Zone!" Wang Yi said with a laugh, not afraid that the other party wouldn't agree.

After all, the High-tech Zone also likes this idea.

All districts in Jizhou are in competition, especially the High-tech Zone, which started late and is most eager for development.

To showcase its strength, six years later, the core area of the financial center built a 300-meter-plus Yuntian Building, the tallest in Dongcheng, which was extremely impressive.

Now that Wang Yi has proactively proposed this, the High-tech Zone couldn't be happier!

Indeed, Director Hong showed a smile:

"You have this intention, that's very good. This matter is not a problem in principle, but how to plan it still needs careful study. How about this, we'll go back and have a meeting, and tomorrow afternoon, we'll discuss it in detail again."

"Okay, then I'll come over tomorrow."

Wang Yi smiled; this matter was settled.

Of course, skyscrapers cost a lot of money.

The 330-meter Yuntian Building, started in 2017, had a total investment of 3 billion yuan.

Wang Yi wants to build a 400-500 meter Meiyou Building; even if the cost in 2011 is much lower than in 2017, it would still cost 1-1.5 billion yuan!

Meiyou doesn't have that much money!

But it's fine; first secure the benefits, get the approval, reserve a piece of land, and build it later when there's money!

Don't you see that Hencheng's 500-meter-plus skyscraper has been under construction for over a decade and is still an unfinished project!

Of course, Wang Yi would be much more reliable.

It's just that by then, Meiyou would have invested so much, built such a tall landmark, and brought so many contributions to the High-tech Zone, so wouldn't the other party have to show some appreciation?

For example, policy support, a 1.5 billion yuan interest-free loan, or even some investment...

As long as it's mutually beneficial, it can all be negotiated.

The government isn't afraid to invest in companies; they're only afraid that companies will take the investment and not do proper business!

They are naturally willing to invest in a practical, high-quality entrepreneur like Wang Yi, who does proper business.

By then Meiyou would benefit, the management committee would also have achievements, and the economy would be boosted—a win-win-win situation!

After dinner, Wang Yi saw off all the guests and then checked on the store's situation.

Since it was the first day of opening, it was unusually popular, and business was very good.

The store's inventory sold out in half a day.

Fortunately, there was still a large amount of stock in the basement warehouse, which was quickly replenished.

Even if future sales are far less popular than today, the profitability of this flagship store is still quite astonishing.

After all, the average customer spend is high!

Of course, the biggest contribution is still the celebrity-endorsed items!

Clothing, you can see and feel it offline, making it indeed easier to close a deal.

Coupled with the huge foot traffic on Quancheng Road and the surrounding tourist attractions.

Many tourists, tired from shopping, walked into the store, originally just wanting to enjoy the air conditioning and rest, but were attracted by the beautiful Meiyou "pure desire" style dresses, and then couldn't resist buying them...

Wang Yi saw several such situations.

Some others bought Meiyou dresses, changed into them directly in the fitting room, and went out beautifully onto the street!

On the street, other young women saw them, exclaimed in admiration, and couldn't help but ask where they bought them from.

Upon learning it was Meiyou, they immediately entered the store to buy...

Word-of-mouth, traffic fission, reappeared!

This store's revenue and profit are completely secured!

Afterwards, Wang Yi and Song Sining went directly back to Meiyou Building.

Song Sining was busy handling other matters, while Wang Yi began designing the plan for the first phase of Meiyou Industrial Park.

As for the skyscraper, it's still for the third phase; there's no money now, so he'll secure the benefits first.

That night, Meiyou No. 1 Flagship Store's revenue was released.

For a typical clothing store, a single-day revenue of 50,000 yuan is considered extremely high.

But Meiyou is different; Meiyou has high traffic and a high average customer spend!

For celebrity-endorsed items, nearly 900 yuan after discount, over 250 pieces were sold in one day, with revenue exceeding 200,000 yuan!

Other "pure desire" style dresses, although they didn't sell as well as the newly launched celebrity-endorsed items (with single-item sales of only a few dozen pieces), amounted to over a thousand pieces across 70 different styles, adding another 300,000 yuan!

There were also dozens of "pure desire" style lingerie and stockings, which also sold some.

Even Meiyou lipsticks, especially the new shades and gift sets, sold a lot!

Thus, Meiyou No. 1 Flagship Store's first-day revenue exceeded 800,000 yuan!

After deducting production costs, labor costs, rent, taxes and fees, utilities, etc., profits exceeded 500,000 yuan!

Although it's far less than Meiyou Mall, this is just one store.

Once Meiyou's physical stores are rolled out nationwide and the number of stores increases, after this quantitative change, the daily profits will be astonishing!

Regarding this, Wang Yi breathed a complete sigh of relief; the path of Meiyou's flagship stores is correct!

There's great potential for the future!

As for the online mall's revenue, due to Zhou Dongdong's hot search and celebrity-endorsed items, it reached a new high, with single-day profits once again exceeding 25 million yuan!

Another splendid chapter was added to Meiyou's development history.

No wonder, the new style that flatters all body types really sold out quickly.

Returning home that night, Song Sining couldn't help but tease:

"Boss, did you arrange for Zhou Dongdong to promote this new product just to contrast our new style, which flatters all body types?"

Wang Yi was speechless:

"Slander, it's absolutely slander. Am I that cunning?"

"No?"

Song Sining looked innocent.

Wang Yi's face darkened: "..."

"Definitely, don't deny it!"

Song Sining teased, then ran off.

Unexpectedly, Wang Yi was a step faster and slapped her shapely buttocks:

"That's for talking nonsense."

"Ah!"

Song Sining's face instantly turned crimson with embarrassment, and then she returned to her room with a red face.

"This guy is getting more and more presumptuous."

Then, she peered through the crack in the door, wanting to see if Wang Yi felt guilty or ashamed.

But she saw Wang Yi wave his hand:

"The feel was pretty good, let's continue next time!"

"!!!"

Song Sining was exasperated by this and immediately ran out:

"Stinky little brother, you're going to die!"

Saying this, she rushed forward, flailing her fists and legs.

But she was suppressed by Wang Yi with a hug and a head pat.

Looking at Song Sining, who was stunned in his arms, Wang Yi smiled faintly:

"Isn't this right? Girls should be well-behaved; if not, they'll get their bottoms spanked."

Saying this, Wang Yi slapped her again and then swaggered back to his room.

(End of Chapter)

---------------------

Support me on P@treon

[email protected]/charaz

$3 -> 15 chapters in advance

$5 -> 30 chapters in advance

$10 -> 60 chapters in advance

Check my pinned post on P@treon

More Chapters