My 1999
Chapter 285 Jianlibao 2001 Financial Report
The news that Hongmeng founder Xu Liang challenged Oracle President Larry Ellison to an Octagon showdown spread like a hurricane around the world in just one day.
"Two billionaires face off in the Octagon" - The New York Times.
"Ellison, don't be a wimp" - The Times.
"The Rampant Chinese" - "Asahi Shimbun".
Soon, the four major boxing organizations WBO, WBA, WBC and IBF, as well as the three major American wrestling alliances WWE, TNA and ROH, all announced that they could host this duel.
This move to add fuel to the fire made more and more people pay attention to this duel.
To attract more attention.
Major media outlets around the world began to introduce the two people in detail.
That’s just Larry Ellison. He has been famous for many years and everyone already knows it.
But the story of Xu Liang starting a business at the age of eighteen and becoming a super rich man with a net worth of several billion dollars at the age of nineteen is so legendary that it has further aroused the interest of major media reports.
For a time, the companies founded by Xu Liang, such as New Dream, Hongmeng, and Hanhua, became famous.
Repeated reports have added fuel to Hongmeng’s global expansion, even suppressing the US-A war.
The all-pervasive reporters are even more hyping up.
Rich people who have had conflicts with Larry Ellison in the past have not escaped harassment.
"Mr. Gates, what do you think of Mr. Xu challenging Mr. Ellison to a duel?"
"I think it's best for Ellison to apologize." Bill Gates laughed.
"Why?
Many people thought that Mr. Ellison would not necessarily lose, after all, he is six feet four inches, weighs more than 190 pounds, and regularly trains in boxing.
In comparison, Liang Xu is just a thin young man of nineteen years old. "
"I admit that that guy looks bigger, but he is already fifty-six years old, and his strength and speed are far inferior to those of young people. If he dares to stand in the ring, I think Liang Xu will knock all his old teeth off. type it out."
——
"Mr. Jobs, who do you think is more capable of winning the duel?"
"Without a doubt, of course Larry."
"But many people think that he is too old and has lost his strength and speed at the age of fifty-six."
"Although the body is very important in fighting, experience is more important. Larry has received boxing training for a long time and has even participated in WBA professional boxing matches. He has rich experience. I am optimistic that he can beat Liang Xu."
"But some people say that Liang Xu often practices Chinese Kung Fu and has very strong fighting ability."
"Chinese Kung Fu? That kind of juggling is only suitable for performances on the stage."
——
More and more celebrities are being interviewed, and most of them are optimistic about Xu Liang.
After all, the age difference between the two is too big.
Boxing is afraid of young people and is applicable everywhere.
Of course, there are also many people who are optimistic about Larry Ellison and believe that experience is more important than brute force. Jobs in particular is a staunch supporter.
"That damn yellow-skinned monkey, how dare he?"
Enraged, Larry Ellison kicked the vase away.
boom.
Red rose bone china worth tens of thousands of pounds instantly fell to pieces.
He is a believer in McCarthyism and believes in the concept of white supremacy. He looks down on people of color, including Chinese people, from the bottom of his heart.
He was particularly angry at Xu Liang's provocation.
"Carl, promise that bastard right now, I'm going to smash his head in the Octagon."
Looking at Larry Ellison who looked like an angry bull, the butler Carl felt helpless. He had been unlucky for eight lifetimes to have such a bad-tempered boss.
If it weren't for the generous remuneration given by the other party, he would have resigned long ago.
He agreed and was about to turn around and leave.
He was stopped by the tall old man next to him.
"Karl, you go down first."
"OK."
After he left, the tall old man walked over with a smile.
"Dear Larry, aren't you going to give me a warm hug?"
"Sergey, why are you here?"
Larry Ellison stepped forward and hugged the other person.
Although he rails against Silicon Valley and Wall Street, he is not afraid of anything and everything, as if he dislikes everyone, but everyone has advantages. In addition to his extraordinary business talent, Larry Ellison is also a person who values family ties.
"My mother was very worried about you, so she asked me to come over and have a look."
Sergey Ellison smiled.
"Damn the media."
Larry Ellison swore.
"Larry, my mother is over eighty years old, don't let him worry about you."
"I know, I know everything, but the Chinese guy has already knocked on the door. If I don't go, won't everyone laugh at me as a coward? Damn it, I will never accept ridicule." Larry Ellison seemed furious. lion.
"Calm down, Larry. Anger won't solve any problems." Sergey Larison's tone became soothing, "Larry, you can openly agree to the other party's invitation to fight, but don't give a specific date.
After a while, this matter will naturally be forgotten. "
"But……."
"No but. Larry, which one is more important, your face or your mother's life?"
Looking at his elder brother's serious expression, Larry Ellison finally calmed down after a long time.
"Okay, I promise you."
Sergey breathed a sigh of relief. He was really afraid that this stubborn donkey-like brother would go to the ring regardless.
If he falls, the Ellison family's influence will be greatly reduced.
This is what he doesn't want to see.
Just as he was about to continue to say something like, "It's never too late for a gentleman to take revenge," to enlighten Larry Ellison, before he could say anything, he saw the other person taking big steps, opening the door to the room and walking out.
Sergey was shocked and quickly chased after him.
"Larry, where are you going?"
Larry Ellison strode to the door of the manor.
When the reporters who had been waiting here saw him coming out, they came to the door with a hula and asked repeatedly while taking pictures through the wrought iron gate.
"Mr. Ellison, will you agree to Liang Xu's invitation to fight in the Octagon?"
Bathed in flashlights, Larry Ellison's face showed an unruly look.
"Of course. I will use my fists to tell that Chinese guy that he is still far away. I will break his ribs one by one in the Octagon and tell him to get out of the United States."
After saying this, he turned around and disappeared inside the manor, regardless of the reporters.
The media, which did not take it too seriously to watch the excitement, approached Xu Liang again, and he did not avoid it.
"He'd better buy himself more insurance, I'm afraid I'll break his bones with one punch."
Just when this farce was raging, the Italian government suddenly announced that if the two sides had a decisive battle, they were willing to open the ancient Roman Colosseum as the stage for a decisive battle.
This announcement instantly heated up the duel between the two.
Throughout December, the fight dominated the news media.
——
"You said you are not calm at all. You are the president of the company, and you still want to fight and kill." Qiao Yuhui complained.
On New Year's Day, she flew here specially from Xiangjiang.
Xu Liang lay on the bed and hugged her with a smile.
"What are you afraid of? I am a nineteen-year-old man who has been practicing boxing since childhood. Am I still afraid of a fifty-eight-year-old man?"
"What if? Don't be afraid of ten thousand, just be afraid of what happens."
"There is no such thing as a chance, and although Larry Ellison is arrogant and foul-mouthed, he is not a fool who can develop Oracle to its current scale.
He knew he was no match for me, so he accepted the challenge, but never said when the duel would take place.
He made up his mind to drag it on slowly until everyone got tired of it, and then forgot about it. "
Qiao Yuhui thought for a while and nodded, "Did you think so at the beginning?"
"Me? I really want to punch him."
Qiao Yuhui said in surprise: "Weren't you very low-key before? You were not even willing to be interviewed. Why has it changed this time?"
"This is in the United States. You also studied here and you know the rules here very well. Compromise and concession are often not met with goodwill, but more intense bullying.
Therefore, I just want to tell everyone through this incident that I, Xu Liang, am not someone to be bullied.
If you scold me and insult me, just go and have a fight with me in the octagonal cage. It’s the same for everyone. "
He lightly punched him in the chest, "Hit, hit, hit, you know how to hit, you don't know how worried they are during this time."
"Don't worry. Your husband-in-law and I also want to be ashamed. If others don't provoke us, I won't bother to provoke them."
"Um."
After Qiao Yuhui agreed softly, she leaned her head on his arm.
It's time for the next day.
Qiao Yu would put a stack of documents in his hand.
“This is Jianlibao’s revenue data last year.”
"Is it ready so quickly?"
"You've sent so many people in, who dares to neglect them now?"
Xu Liang smiled, took the document and read it.
Throughout 2001, Jianlibao's total revenue was 3.98 billion Chinese dollars.
Although it has not yet returned to its peak level, it has emerged from the decline of the past three or four years and has resumed growth again.
The operating cost is 1.89 billion Chinese coins.
Gross profit was 1.93 billion Chinese dollars.
Interest expenses were 240 million Chinese dollars.
Net profit is 160 million Chinese dollars.
Cash and short-term investment are 280 million Huaxia coins.
Goodwill (not counted)
Intangible assets: 500 million Chinese coins.
Fixed assets: 2.8 billion Chinese coins.
Total assets: 3.58 billion Huaxia coins.
Liabilities:
Long-term borrowing: 1.55 billion Huaxia currency.
Total liabilities: 1.55 billion Huaxia coins.
Net assets after deducting liabilities: 2.02 billion Chinese dollars.
In just one year, through rectification of the internal management system, including but not limited to rectification of corruption, integration of departments, layoffs of personnel, implementation of the elimination system for leading cadres at the bottom, etc.
In addition, it focused on its main business and sold off irrelevant peripheral companies to further slim down the company.
As well as integrating the sales system, establishing a direct sales system and increasing online sales channels.
With this series of measures, the overall value of Jianlibao quadrupled in more than half a year.
"You did a good job." Xu Liang smiled.
"In fact, Jianlibao was originally of high quality, but it was obscured by card demands, internal corruption, unrecoverable bridge loans, and procrastinating administrative efficiency. Now we have peeled away the dust that has enveloped it. Nature reveals its 'diamond' nature."
Xu Liang smiled and nodded. Jianlibao's gross profit was very high, close to 55%. It was such a high gross profit that he had enough money to repay bank debts and suppliers' arrears.
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