Chapter 719 - 301: Scalp Tingling (Part 2)
Li Yang certainly wouldn’t secretly pocket money from the company. He even thinks of ways to put money in, using his own money.
This is the attitude one should have towards running a business.
The other person reluctantly said, "That’s because Extreme Shadow Cars succeeded. What if it hadn’t succeeded?"
"If it hadn’t succeeded, this wouldn’t be happening, so it’s pointless to discuss it."
"But we can’t just wish for success; we need to bloom in multiple areas. Some should blossom while others might wither. That’s how you get a large enough plate. Also, Old Jiang, you need to know one thing: being too big reduces margin for error, like being susceptible to sanctions, take Huawei for instance."
Jiang Baichuan laughed and said, "Sanctions? Extreme Shadow Cars didn’t use a single bit of foreign technology. They cultivated domestic industries on their own, even their systems are homegrown. Sanction what? Who could sanction them?"
"I’m just giving an example. Let me exaggerate a bit: what if something happens to Li Yang, what then? He can be strong, but others shouldn’t be too weak."
"If something happens to Li Yang, naturally someone else will step up. Li Yang has already proven that those who seriously run a business don’t do too badly; he started in dire straits, yet hasn’t he pulled through now?"
"That’s because he has money!"
"Does anyone else lack money? Those in this field aren’t short on money, and those who are wouldn’t be in this field."
"I invited you for a kind chat, why argue with me?" The other person felt that no matter what was said, Jiang Baichuan would counter it.
Jiang Baichuan said, "Anyway, I think having Li Yang and Jiang Banxia stir the market is quite good. At least in the financial markets, now other companies have started to correct their attitudes. If they don’t, they’ll have no food to eat! If they don’t, I wouldn’t mind opening a few loopholes for Wanliu Capital, change some rules for them!"
The other person thought Jiang Baichuan was crazy.
Saying such things.
Change rules? Is Wanliu Capital the only financial company under the sky? Will other companies not survive?
Domestically, preparations are already underway to detach economically from the West, and at this time, what’s most tested is economic resiliency. A multi-structured economy is one form of resilience.
The most feared scenario is that companies under Li Yang’s name would set standards, but once they can’t continue, those standards would be deeply ingrained, making it hard for the whole industry to recover for years.
If Li Yang can continue indefinitely, he must be acknowledged as excellent.
Yet the expansion rate of those two’s companies, this year their employees will definitely surpass one hundred thousand, next year between one hundred thirty to one hundred fifty thousand, and when reaching two hundred thousand employees, Li Yang and Jiang Banxia will spend forty billion annually on wages.
Even if Wanliu Capital makes a steady profit of ten billion a year, Extreme Shadow Group must sell cars worth three hundred billion, because Green Water Group and Kuai Pai are not profitable.
And that’s not including bandwidth, server, and stock costs.
With the current situation, these costs alone will be another ten billion a year.
Where would Extreme Shadow Cars get the head to make over three hundred billion in revenue?
Including finanacial marketing, pushing could barely hit two hundred billion this year, as the volume dwindles, by the second half of the year, Extreme Shadow Cars’ orders are already showing fatigue.
Li Yang’s marketing is indeed strong, yet all services he can offer have been given, and not everyone needs those services.
Li Yang cannot possibly offer a service that everyone needs, and somehow no one else can provide it, only he can, right?
He’s out of tricks!
If Extreme Shadow Cars’ quality is good, it might stabilize orders and prevent rapid decline.
If not that good, collapse will happen in a blink.
This exchange ended on a bad note, as both sides were not on the same page.
Jiang Baichuan was merely being stubborn, the truth is, he was worried about how long Jiang Banxia and Li Yang could hold out.
At least from the current scenario, they don’t seem to be paving a long-term path.
Their operations are too aggressive.
Li Yang expands production lines without hesitation and is lavish with recruitment.
Same with Jiang Banxia, bravely supporting Wanliu Capital, a group with a scale of trillions, yet less than a thousand employees.
Other financial institutions, with such a scale, have more than a thousand data analysts alone.
After returning to the office, he was idly calculating.
Looking at the numbers he came up with, he felt astonished.
Unknowingly, they both grew their companies to such sizes.
Truly impressive.
The downside is an over-reliance on Wanliu Capital, and in the finance sector, no one dares assure they can make money forever.
...
After finishing the competition, Li Yang immediately returned home.
Jiang Banxia works during the day; he works at night.
Although they don’t have much time to meet, they can have breakfast together in the morning.
After breakfast, he goes to sleep, and Jiang Banxia goes to work.
When Jiang Banxia returns in the afternoon for dinner together, he goes to work again.
"One day, I’ll change the opening hours of the US Stocks!"
A few days later, Jiang Banxia launched a fatal complaint.
And Li Yang, entertained the feasibility of this idea in his mind.
It seems not entirely impossible.
Lately, he’s been adjusting his positions, due to the amount of funds involved, from three hundred million US Dollars six months ago to three hundred fifty million now, the difficulty in repositioning is no small matter.
US stock shorts aren’t easy to open, especially individual stock shorts.
Small funds have no issue, large funds require time, and now there’s only a little over three months left.