Salted Fish’s Self-help Strategy

When the time came to the 30th, Xiaokang was already in full high-speed operation. The strong performance stimulus and Chu Yuanxi's high bonuses made all the staff in a huge excitement. This also made some brothers who were firmly convinced to go home during the New Year screaming and want to return to work, but even if they came back, they would not be able to catch up with this round of work. Chu Yuanxi encouraged them to return to the city where they work as soon as possible, and then start the necessary observation as soon as possible.

Fortunately, there are not many such people in the well-off society, and they are mainly programmers, so the main combat capabilities are relatively well preserved. Moreover, it is not a migrant population, so there is no need to face the severe problems of rushing to resume work under the dual factors.

Such a lively consumption scene was unexpected before the holiday, but it is now reasonable and should be attributed to the strength and laws of this industry.

The industry to which the convenience store belongs is called wholesale and retail, and it is the industry with the largest number of employees in the country. It is not one of the industries that surpasses any other livelihood industries, and it still maintains high growth.

During this period, although the mom-and-pop shops with the largest number in the bottom of the industry basically did not open their doors, the demand continued to increase. In particular, because of the dual factors, the purchase of goods has become the first place, and buying as many as possible is the second place. Price sensitivity has become the last factor. This is even more beneficial for convenience stores with relatively high unit prices. .

Besides, more than half of the well-off stores are opened next to the community! This is an advantage that other convenience stores do not have.

The data of the past few days has made Chu Yuanxi “shocking” the related sku of hot pot, quick-frozen dumplings and Yuanxiao dumplings. Basically, the total daily volume of related goods in 400 stores is more than 10 million yuan, and the average single store is 20,000 yuan. Fives.

It should be noted that half of Xiaokang's stores are not in the community but in the business district, so business is extremely cold. In other words, the three types of hot pot dumplings and Lantern Festival, the single store sales of the community store is close to 50,000 yuan a day, it is crazy selling!

Not only did the selling go crazy, but it also drove Ma Xiaoxi crazy. Liu Lu even went out to help her sort out the supply chain. This kind of out-of-stock is no way, the manufacturer's production horsepower has already been used up, and now the manufacturer is the real uncle.

At this time, Xiaokang is not a small channel, and the preferential and convenience given to many manufacturers before free, especially those who are exempted from the field fee, there is always a bit of incense. This kind of favor has made Xiaokang often out of stock, but he can always make up for it.

It's just that Yuan Mu is still quite worried, and from time to time she chats with Chu Yuanxi about the data she found, the data after sars that year.

When SARS was in trouble, the financing level of Asia in 2004 dropped by nearly 30% compared with 2002. Guochao's VC investment activities were still quite immature in 2004, which cannot be used as a reference. However, people in the circle generally predict that this year's investment will be sharply reduced by 50% to 70% compared with last year's winter!

In particular, many investors are afraid of the asset-heavy model. The manpower and rent costs of asset-heavy companies are too high, and they will definitely be very cautious in investing when risks come.

However, Chu Yuan Xixin said that we are not a very flexible organization? Haven't you seen that it maintains great flexibility in the face of crisis?

Of course, there is no point in arguing about this. Anyway, what Chu Yuanxi saw was that the curve representing the number of core members began to rise, reversing the past impression of mediocrity. This is an excellent sign, indicating that a series of operations are giving positive feedback, especially when Xiaokang has not given any incentives and benefits to membership card members. At this point, Chu Yuanxi's attitude is resolute, and will never be stimulated for excitement!

During this period of time, he has been seeking to meet with the actual controller of Tianxian, and it is okay to see him over the Internet. During this period of time, the fresh food short-term business was relatively deserted, because the rice ball sandwiches could not be held at all, and it was useless for customers to hoard a bunch of them, so they were at the bottom of the purchase. This effect will naturally be transmitted upstream.

However, because the Chinese New Year is busy, even if it is cleared through investors, it still cannot be arranged. This made Chu Yuanxi a little anxious, because Mido was also seeking to acquire a natural match. If he didn't even release his willingness and the acquisition was completed, wouldn't he be embarrassed?

The same awkward one is "Wu Dao Faunjun". During the Chinese New Year, the game field became a carnival for the big manufacturers. The pesticides of the dead exceeded 2 billion in a single day, and the elites of peace did not let it go. However, "Wu Dao Hun Jun" suffered more.

Idle games are also divided into categories, divided into those that consume more user time and those that consume less user time. "Wu Dao Hun Jun" is a standard small time type, requiring manual play to complete the heavy task that consumes a lot of player time. Like "Wu Dao Hun Jun" consumes player fragmentation time. However, there is no concept of fragmented time...

Therefore, the data of "Wu Dao Hun Jun" during the Chinese New Year is mediocre, not much different from usual. I can only sit and watch a few head games making waves. Originally, Chu Yuanxi had the opportunity to make waves, but he had already sold Pakistani games... During this period of time, Dujiao Studio (formerly Pakistani Games) operated "Troubled Times", and there was no shortage of gold, and the recharge activities continued. , It is estimated that the flow of water in January can exceed 1.5 billion, and it will not be less in February.

But at that time there was no such vision, and the Ba Ren Group could only say nothing. Chu Yuanxi and Lao Fan kept chanting: "I lost, you earned, you earned."

During this period of time, the Pakistani people are relatively comfortable. Except for the members who must use the company's equipment for filming, almost no one comes to the company for disinfection. In fact, Chu Yuanxi was quite satisfied with the performance of the brothers. Although she worked overtime at home, she still did not forget to combine work and life. During the Chinese New Year, the people of the whole country had nothing to do to add some life-oriented and contemporary works to record this special Spring Festival.

It’s just that, before the Chinese New Year, I had already filmed a large number of videos to be pushed during the Chinese New Year. Suddenly, it became a bit untimely, not in line with the tone of the special period. During this time, all kinds of "home squatting" videos came into being, such as "show you a maggot" and so on, showing the pain of idleness and anxiety of not knowing where to squat. When I close my eyes and open my eyes, the holidays have been extended again. At this time, it's easy to see who is the real house and who is the verbal house.

In this atmosphere, there are definitely a few who still do the basic skills with peace of mind, but Chu Yuanxi has developed a good habit long ago, and it cannot be broken even during the Chinese New Year.

For example, reading industry news. During this period, Feng Lin became Chu Yuanxi's "news rival". The two pk each other, who can dig up valuable industry news faster.

Feng Lin took the lead in losing a paragraph on that day. Chu Yuanxi looked at the title, and on the evening of the 29th, Tesla released a 2019 fourth-quarter financial report that far exceeded market expectations.

Chu Yuanxi looked at it and it was clear that this financial report must have exceeded the expectations of investors in the US, but for the Celestial Court, it can only be said to be normal.

In the past quarter, Tesla produced 150,000 vehicles and delivered 112, which was a record increase from the previous quarter. What's more important is that Tesla not only ushered in profit for two consecutive quarters, but also the net profit attributable to the parent of q4 went straight to $400 million!

This means that Tesla has officially embarked on a profitable road, and investors who have watched for many years have finally passed the pie period and successfully landed ashore. This scene is only one year after Iron Man was so miserable that he was short-selling in the same period last year and had his teeth and blood swallowed, and he unconditionally accepted any financing rescue plan so that Tesla could tide over the difficulties. At that time, Musk's $42 billion privatization plan proposed by his own house was laughed off by people, but today, there is no such cheap price!

For insiders, Tesla's profitability is different from that of traditional car companies. Tesla’s gross profit is not just as high, it’s a huge one. There is nothing like Ford, Toyota, BMW and so on.

This is why Volkswagen's CEO immediately felt that after seeing this financial report, the good days that belonged to traditional car companies are gone.

"How is it? Did I win today?" Feng Lin said triumphantly: "This is valuable industry information, right?"

Chu Yuanxi decided to fight Feng Lin's arrogant arrogance, so he rolled his eyes, "Very valuable, but...but it didn't lose to me."

"Did you unearth more important news?" Feng Lin obviously didn't believe it, because Chu Yuanxi went to communicate with the people of the Ba People Group early in the morning, and she got the first move.

However, Chu Yuanxi gave a weird smile: "I mean, on the 7th, I foresee that Tesla's financial report is going to be superb. So this news is valuable to me but useless."

"Why?"

"Because the Magic City factory has begun to explode its production capacity. Tesla has been blessed by the speed of the country. Isn't it appropriate for the production capacity to exceed expectations? That is, the US analysts have never seen the world."

There was an extremely obvious logical loophole in this statement, but Feng Lin was taken astray, and he asked Chu Yuanxi: "What evidence do you have? It proves that you foresaw it a long time ago?"

"Yes, I have evidence." Chu Yuanxi pressed her hands down, "The Pakistani Group still has tens of millions of dollars in its overseas accounts, and some final payments will be added to the account later, totaling about 100 million. It was invested by Pakistani people, so on the evening of the 7th, I put out 20 million long Tesla stocks, and I still hold them and have transaction records."

This is the first large-scale operation of the Pakistani Group in the secondary market. However, investment companies originally have this kind of function. Many listed companies have separately established investment departments to copy it even more. Pakistani investment is under the authorization of the actual controller. There is nothing wrong with trading stocks within the total amount.

Chu Yuanxi's other stocks are unlikely to be bought, because he hasn't studied it himself. If he buys with the K-line blind Jaguar, it will be no different from the leeks in the big A stocks. However, he does research on cars, not only researches, but also ideals created by himself, the urge to start a business, and a lot of industry investigations and judgments.

In this case, although Chu Yuanxi had given up on the idea of ​​building cars and instead focused on Pakistani and well-off people, the response of Nasdaq after the delivery of the Tesla Magic City factory in January was very obvious. Judging him can be made easily.

When I watched Tesla's pre-market trading that night, I felt that something was wrong and very weak. Chu Yuanxi said, were these people stupid? Is there a lack of a correct understanding of the policy dividend of our great empire? Musk has learned how to operate the celestial dynasty. Isn't the rest just a box?

This is obviously the market did not see the correct trend, the market is wrong! It was mainly idle and idle, so he backhanded and placed a long order, but when he woke up, he found that the increase was only less than 4%. This increase once made him suspicious, wondering if the U.S. side knows something that the domestic side does not know?

Fortunately, Tesla went up all the way, and by the close of yesterday, it had risen by nearly 30%.

Chu Yuanxi is not a stock speculation prodigy. If he went to be a leek in the big A-share market, he would not be better than other leeks. If Tesla repeatedly rubbed investors sideways, or fluctuated up and down, he would have been treated long ago. The shock went out, but there are only three days in total for so many days that are small Yinxian, the others are all up, and unilateral increases can still be taken.

Of course, after Yuan Mu learned about this, he said to Chu Yuanxi earnestly: "I tell you, rising is actually the most test of investor patience, especially during intraday retreat, which greatly affects emotions. You. The main reason why I can live with it is because the trading hours in the U.S. are midnight. You can’t see the transaction process, so if you live with it, you have sold it for a hundred times when you exchange it for a large A-share. ."

Chu Yuanxi naturally sneered at this. Of course, the dignified celebrity entrepreneurs with a valuation of 300 billion ran into stocks, and it really didn't sound good. So he gave himself a high-sounding reason-not to make money, not to make more Teslas to make a little money!

"Then what are you doing? For investment?" Chu Yuanxi's words, Yuan Mu thought he had mastered the essence, but today he hasn't seen it like this?

"Of course it is to verify the company's research and judgment on the company, the industry, and the market! Investment institutions must have their own insights and use their bargaining chips to make their voices! Doing more means telling Nasdaq that you are wrong! "

So today, he took out an account with a floating profit of close to 6 million US dollars, Feng Lin suddenly had nothing to say, and then watched Chu Yuanxi's pre-market entrusted operations to continue to increase positions.

Chu Yuanxi directly added 10% to fill in the buy order: "Nasdaq does not have a price limit, adding 10% may not be able to buy it."

Feng Lin was frightened, because Chu Yuanxi's order was to increase the leverage of 50 million dollars into it. "You bought it like this, and you are expected to overdraft it directly, right? Has all the disadvantages come out? I know the benefits are exhausted."

"Do you think this is a big A-share market? It's still good? Besides, Tesla is not only a car, but also an electronic product. What is an electronic product? It is not an increase in the function of watching videos and playing games. Is the optimization system able to improve the performance of the car itself, ok? Tesla’s stamina is very strong, you don’t understand. Its difficulty is in the early stage, there are many overturning points, but now it has basically passed the risk, and the back is some commercial It must be an increase."

Chu Yuanxi was still a little dazed when he spoke. Creating a high-quality intelligent vehicle system that can be used all over the world is the source of his dream of making cars. It is also the only big opportunity that can be seen. It is a pity that time waits for no one. give up.

In fact, there is still a huge news on this day. It is just a drop hammer, nothing more than a routine, and that is the EU vote for Brexit. Of course, the matter is now passed, so Britain will formally decouple from the EU on the 31st, opening a new and great relationship.

The so-called banquet in the world, according to Chu Yuanxi's words, is that Britain can finally wave their ancestral **** stick.

Turning the sky, Feng Lin noticed that Chu Yuanxi frowned when he was reading an electronic document, and asked, "What are you doing?"

Chu Yuanxi simply replied: "I'm angry."

When it comes to being angry, Feng Lin thinks of the Weibo that he has just swiped, and suddenly becomes so angry! "Technology has really improved now, and you can be fainted by the popularity a thousand kilometers away when you hide at home.

"What did you read again? Ah, don't tell me!" Chu Yuanxi clicked the mouse rather hard and gave this document to x.

"What did you read again?" Feng Lin came over curiously and found that what Chu Yuanxi was looking at seemed to be an audit report.

I saw Chu Yuanxi turn on the phone and dial directly, and then yelled very unceremoniously: "Mr. Li, I said you are also a well-known auditing agency, okay? What kind of plane are you doing? It was a group of people who graduated less than three years. Did the newbie in 2011 set up a team to do an audit for me? Is it because we are not listed, so we can deal with it? Don’t your partners look at your audit draft?"

This audit report simply made him out of anger. Ordinarily, people work overtime all night for the audit. It should not be too harsh, but the reason why they have to work overtime is because the other party failed to complete the audit work before.

There are objective factors here, and Chu Yuanxi understands what he usually said. The workload of audit institutions is usually huge, and the overtime intensity is not worse than that of programmers. This year's Spring Festival is too early, more than ten days earlier than usual. Therefore, explaining to the founding team members that there will be no waves of dividends after the year. Last year's so-called "pre-release" has also arrived in February. This year's holiday is ahead of schedule, and the completion of the audit will definitely be delayed significantly.

What's more, the sale of Pakistani games has been mixed in with such a thing. Fortunately, the sale has been completed and only the assets that have been divested need to be reviewed.

But what kind of super ghost audit is this? Is the write-down of our intangible assets based on contracts, discounts, or time? Why do these three types appear in an audit report? Some shouldn’t be there at all, OK? Chu Yuanxi doubted her financial ability for the first time.

Moreover, this audit company likes to challenge the control points of revenue recognition given by the company, which is simply sick! And how does your automatic accounting process confirm with the internal audit? Do you confirm the time of payment? Why is there still bank deposit/credit loan in this automatic accounting? Cash is absolutely impossible to do it automatically. In this case, where did the copy come from? Bully us, did Hu Jaguar write without listing?

Therefore, on the last day of January, the two parties agreed to ignore the holiday lastday, and Chu Yuanxi was completely annoyed. As soon as the audit is delayed, the brothers will have to be delayed to receive dividends. Shouldn't the interest be left in the company's account for one day every night?

This is why Chu Yuanxi was out of anger, it was a forehead lawsuit, but it was definitely not as good as Rui Xing's anger. On this day, Muddy Waters, a well-known short-selling company, forwarded an unnamed report and launched an attack on Ruixing.

Muddy Waters is a short-selling agency that specializes in sniping the overseas listings of Chinese and Korean companies. The founder once worked in Magic City and started a business. Then he found that entrepreneurship is not as good as sniping entrepreneurship, so he rebelled.

Since the establishment of Muddy Waters in 2010, there have not been too many companies in their hands. The so-called flies do not stare at the seamless eggs, and the people who can retreat with the muddy water are very few in Chu Yuanxi's impression, while the thunderstorms are the majority. One of the most famous is Huishan Dairy. Although it has dealt with the muddy waters, it has been repeatedly exposed to debt problems, embezzlement of funds by major shareholders, etc., and finally delisted last year.

However, Chu Yuanxi looked at this short-selling report that found the same as the New World, because the other party attacked Rising's performance and business model.

Chu Yuanxi did not feel that Ruixing had room for fraud and cash flow was not allowed. He himself has operated the original world well-off, and knows what he can and cannot do in such a state of extreme hunger for cash flow. At this time, the extra cost of financial fraud will kill the company.

And Ruixing’s financial report has been carefully read. If fraud, why does it create a “false image” of increasing revenue growth compared with cash flow growth? The greater the exposure, the less profitable it is. Is there such a fraud?

As for the business model, Chu Yuanxi is okay. Indeed, Muddy Water told the truth. Isn't this a secret that everyone in the country knows? The one-sentence summary is that Luckin, please drink coffee instead of taking the masses, has been coveted by the mysterious forces of the West.

Then the sand sculpture that released the report hired more than 1,000 people to shoot more than 10,000 hours of video and came to a conclusion that everyone knows about-Ruixing is cutting the tail of capitalism. The key is that Rui Xing has really cut off a lot. Maybe this is the reason why the anonymous reporter can't bear it?

Chu Yuanxi looked at the date of the report and realized that just this month, he was long behind Tesla, Ruixing launched an unmanned retail strategy, and then completed another convertible bond issuance on Nasdaq in one go. , Another $1.1 billion was taken away.

1.1 billion, surpassing the financing scale of ipo, which is equivalent to two ipo on NASDAQ! If there is anything to say, Chu Yuanxi's admiration for Ruixing's management is like a surging river. If you want to add one more thing, please treat American leeks as people. Americans are also human!

Therefore, Chu Yuanxi didn't think the report released by Muddy Waters was so impressive. However, there were still several sets of data in the report that attracted Chu Yuanxi's attention.

The first is that Luckin's average number of products per order has fallen, that is, the number of cups that users buy at a time is less. Secondly, it is estimated that the average daily sales volume of each store is less than 300 pieces. This quantity is lower than Chu Yuanxi's own assumption. He originally thought that Ruixing's daily sales averaged 700 to 800 pieces per store. If the report is true, it must be that Ruixing's strength in issuing coupons has decreased.

This can only mean that I have not been diligent to drink the small blue cup with a 1.8% discount recently, so I am not sensitive, but I want to come to Ruixing Finance and the intensity of issuing coupons will definitely return to the peak after the success of the two.

Feng Lin watched Chu Yuanxi watch an irrelevant report in the middle of the night and was so focused, as if he had forgotten that there was isolation, and kicked him in the past, "What are you doing?"

Chu Yuanxi said that this is not a question of whether to operate or not? Luckin is also a listed company ~www.wuxiaspot.com~ which can be traded on the secondary market.

Despite Chu Yuanxi's rich experience, there are really few opportunities to buy and sell stocks in the secondary market. The original world really has no spare money, this time there is really no spare time. However, after pondering for a moment, Chu Yuanxi decided to persuade him decisively, although his judgment was that this short selling would not cause any substantial blow to Ruixing.

The main reason is that Ruixing is too ruthless to take leeks as a person.

Especially considering that they have avoided domestic leeks specially, Yu Guo can be described as a conscience. He even went to the Pacific Ocean to stretch his head. If he was cut, he would be as angry as the person who issued this report! There have been enough angry things recently, don't know when we can get some good news?

As a result, good news appeared the next day, and the actual controller of Tianxian was willing to connect and chat remotely.

——————

Continue to pay back the leader to add more, and even pay off the profits.

Chapter list of self-help strategy