Reborn multinational giant

At present, Tuge’s cumulative registered users have exceeded 8,000, and the average daily order has exceeded 200. The average transaction volume per order exceeds 50 yuan, that is, the average daily revenue exceeds 10,000 yuan.

According to the data we have collected from our current research, due to the short creation time and weak publicity of Tuge, Tuge’s user growth mainly depends on word-of-mouth communication. On the premise of not changing the volume of cars, the average increase of Tuge is 1,000. Users, the number of orders can be increased by about 20.

From the market demand we researched, there is a huge demand for shared cars in first-tier cities due to difficulties in lottery, number restriction, and parking. Therefore, the market prospect of Tuge is very broad.

In addition, Tuge’s deposit per user is 1500 yuan. Although this number is very high compared to the current shared bicycle projects on the market, it is not a big deal for first-line users who have car needs. According to 8000 users According to calculations, the funds returned have exceeded 12 million, which is half of the cost of building a car.

With the increase in the number of users and the gradual decline in vehicle manufacturing costs, it is believed that Tuge can occupy a huge market share in the field of shared travel in the future."

Sister Hua knows Tuge’s car-sharing project very well. She believes that with her years of experience in the investment industry, any investor who sees such a project background will be excited, but by the way, Fang Zhe has no idea!

Even if Sister Hua is full of admiration for the president who is more than ten years younger than herself, she is now challenging Fang Zhe's majesty out of professionalism and dedication.

After the introduction of Tuge's project, under the leadership of Fang Zhe, the warm applause came to mind in the meeting room. This is Fang Zhe's applause for the professionalism of Sister Hua.

"Okay, then I will talk about street electricity next. I have only learned about this project for a week, so there are some errors or inaccuracies. I hope Mr. Fang and Mr. Huang, as well as the colleagues present can directly point out."

"As far as I know, the predecessor of the street power project was a bankrupt copycat power bank manufacturing plant in the south. The only valuable part of the entire plant was some second-hand power bank manufacturing equipment. In recent years, with the development of major brands such as Xiaomi power bank With the rise of manufacturers, countless copycat manufacturers such as those in the South have gone bankrupt.

Huang Youwei, the founder of Street Electronics, used to be an electronic product agent in Huaqiangbei, Shenzhen, with education level and high school.

He bought this manufacturing plant at a low price, and taking advantage of the current O2O and sharing economy boom, the idea of ​​making a shared power bank was born.

Apart from Huang Youwei, the founding team of Street TV, the only one with experience in the Internet industry is the former Ali Pictures executive Tian Yuan. His highest professional history is the Ali 020 career that was established two years ago. As for the performance of Ali’s O2O division in the past two years, I think Fang Zonghe and everyone here should be very clear.

In addition, according to the news I learned from friends in the investment circle, Street Power has been in contact with no less than 30 venture capital companies since the establishment of the team, but none of them are willing to give them even angel rounds of financing. So far, Street Power’s operating funds are spent on Huang You for his own savings.

This project can go from our investment department to Fang's. I don't know if it is our investment department's review mechanism or the luck of this project.

The business model of street electricity is to provide power bank rental services in stations, shopping malls, restaurants and other densely populated service industries. The cost of each rental cabinet is between 1500-2500, and each rental cabinet can be installed 6-9 power Bank.

At present, street power has only launched trial operations in a few shopping malls in Shenzhen City and Shenzhen North Station. Based on the data we have obtained through research, the utilization rate of street power in Shenzhen North Station is fairly good. Use more than 3 times a day, about half an hour each time on average.

According to the current charge of 1 yuan for every half an hour of charging, and the model of charging for half an hour for less than half an hour, a single street electricity rental cabinet at Shenzhen North Station has a daily turnover of about 27 yuan, excluding each rental cabinet’s daily charge The station paid 10 yuan for service management fees, two yuan for electricity, and 15 yuan for daily profit. A total of 40 rental cabinets were put into the station, with daily revenue of 1,080 yuan and daily profit of 600 yuan.

In fact, the data of Shenzhen North Station is already very good, because in the current trial operation of shopping malls and restaurants, each power bank is used on average less than once a day, which means that the single-day revenue may be 9 The yuan is not enough, let alone the venue rental management fees to be paid for shopping malls or restaurants.

Street Power currently has 400 rental cabinets in Shenzhen City, with a total of over 100,000 registered users, an average daily order volume of about 3,500, and a daily revenue of 3,500 yuan. According to the current operating conditions, even if it is overestimated, The average gross profit of street power will not exceed 10%, which is 350 yuan a day.

Although street electricity is indeed profitable in places with high traffic such as stations, but if it is spread to shopping malls and restaurants and other places, it will be profitable. On the whole, it is not as good as just putting it in the station.

If it is only put in stations, even if all the stations of large and small in the country are included, the annual revenue of street electricity will not exceed 100 million, and the annual profit will not exceed 10 million. In contrast, the gross of Tuge The profit is as high as 30%, with an average profit of more than 3,000 yuan per 10,000 yuan.

According to the conservative scale of 5 million users in first- and second-tier cities across the country, on average, every 50 users generate an order per day. 5 million users are 100,000 orders. Each order is 50 yuan, daily turnover 5 million, annual revenue 1.8 billion, and annual profit. 5.4 billion.

In comparison between the two, Tuge estimates that its annual profit is 54 times that of Street Power. This is still the case when Street Power’s data is the best and Tuge’s data is the most conservative!

President Fang, are you satisfied with my introduction to these two projects?"

Sister Hua raised her head like a proud rooster when she said this, waiting for Fang Zong to be speechless.

"Papa Papa"

Warm applause was once again led by Fang Zhe and sounded in the conference room. Regardless of Sister Hua’s final logic, at least his understanding and mastery of investment projects deserves Fang Zhe’s praise.

In the meeting room, many die-hard supporters of Sister Hua were even more excited. They seemed to have seen that Mr. Fang, who has been rumored as a myth in the investment world, is finally going to have a face here today. They can't help but witness the moment of history. Not excited.

Of course, there are also a few people who see Fang Zong's calm and composed face, and still firmly believe in the myth.

The boss of the Investment Department, Huang Siyi, is sweating on his forehead. If Mr. Fang falls here today, his prestige in Huizhong will probably be greatly reduced in the future. Such serious consequences are not something he wants to see and can afford. .

He was thinking of a way to make a round, Fang Zhe, who finished his applause, said calmly:

"Since the total account is so clear, I will also simply calculate the accounts of the two items for you. If there is something wrong, please correct me."

Everyone looked surprised or expected, but Sister Hua, who was just like a cock that had won a battle, felt a little bit in her heart, feeling bad!