Because he had just called Zhou Zhongguo, Bai Ningyuan came to the conference room a little later. At this time, the heads of various subsidiaries in the conference room had already arrived. After seeing Bai Ningyuan come in, he couldn't help but look at Bai Ningyuan one after another.

"Sorry, I just answered the phone, so it took a few minutes to delay." Bai Ningyuan nodded to everyone with a faint smile on his face, and said in an explanation.

Although he is the boss of the company, he is indeed late. To explain, it has nothing to do with identity, it is just a basic cultivation.

Sitting in the brand new and spacious conference room, Bai Ningyuan looked around and couldn't help but feel filled with emotion. Compared with last year, the people participating in the conference this year are different again, which also means that Lo International is becoming stronger and stronger.

After a year of development, it has a total of more than a dozen wholly owned subsidiaries such as Delicious Duck, emp, Alumni Network, Leku Film and Television, Leku Game, Leku Weibo, Lefu Finance, Letong Communications, Lejie Express, Land Rover, Automobile Home, Ocean Automobile Network, Aika Automobile Network, Cangzhuo Hi-Tech, as well as Yiche.com, Volkswagen Review, Beishan Chemical, Letu Software, Leku Video, Orchestra Network, Jaguar, Jingdong Mall and other holding or participating subsidiaries. Almost every subsidiary, taken out separately, is a well-known existence in its respective fields and has a significant influence. So many well-known companies have become the current behemoth.

After more than two years of development, the current market value of Lo International has at least doubled compared to last year, reaching a scale of tens of billions, making it an extremely large and magnificent commercial aircraft carrier.

Before, although some subsidiaries were suppressed by Qian Zhengqing, under Bai Ningyuan's planning, all layouts were successfully resolved. At this time, the entire group showed a high-spirited and prosperous spirit.

According to convention, the first thing to report is naturally delicious duck. Although with the continuous expansion of Bai Ningyuan's business territory, the status of delicious duck in the entire Lo International has become less important, as the cornerstone of Bai Ningyuan's start, it once provided a lot of funds for Bai Ningyuan to nurture the existence of Lo International's growth. Delicious duck has always occupied a special position in Bai Ningyuan's mind. Therefore, no matter how developed it has reached over the years, the first thing he listened to was the report of delicious duck.

The reason why Bai Ningyuan was able to achieve this current achievement is that delicious duck is an indelible contribution. As the cornerstone of Bai Ningyuan's career, since the beginning of a few small stores back then, delicious duck has always provided a large amount of original funds for Bai Ningyuan's rise. It can be said that without delicious duck, there would be no Bai Ningyuan's current vigorous career.

At the beginning of this year, the delicious duck was split by Bai Ningyuan, and the logistics company was independent of the delicious duck and established Lejie. Although the entire delicious duck has become smaller in scale, it allows the delicious duck to focus more on food quality and safety, as well as the development of new products.

After Zhang Meng was transferred to take charge of the newly established Lejie, Liu Jing became the head of Delicious Duck. In the first year when she was in charge of Delicious Duck, the main task of Delicious Duck was to go south.

With the improvement and completion of the layout of delicious duck in the northern market, the potential of the northern market has been basically expanded. Without the support of huge profits, the profit of delicious duck begins to decline. Therefore, for delicious duck, going south to face close contact with the products from the south and competing for territory is an imperative choice.

Throughout 2007, Delicious Duck gave up on its continued development of the northern market and instead made a big move into the southern market.

In addition to establishing large central kitchens in Jinling and Xingcheng, as two new processing bases to radiate and supply the southern market, more than 70 new stores have been opened in the south. These new stores have almost occupied various large and medium-sized cities in the south, most of which are northern Hubei and southern Hunan provinces.

Because these two provinces are the birthplace of southern braised duck products and the place where mainstream brands emerge, opening stores in these two provinces undoubtedly proves the determination of delicious ducks to compete head-on with them.

However, whether it is chewy or Zhou Baiyao, it has already gained a good reputation in the local area. As a new brand, it is still a very difficult situation to win the recognition of the locals' picky taste buds.

The market is so big, and more people participate, which means a decline in profits. The arrival of delicious duck has a huge impact on the local braised duck market. In order to attract more users, various stores can be said to have tried their best. In addition to price competition, various tricks are emerging one after another.

Although it is difficult, delicious duck has won the recognition of many local people with its variety and safety and hygiene. Although the profitability in these stores is not strong compared to the northern market, at least in the first year, it has recovered costs and achieved profitability, which is already a very good result.

By the end of 2007, the stores of Delicious Duck nationwide had reached more than 400, with annual revenue exceeding 400 million yuan, an increase of 14% over last year. Because there was no loss in logistics, the net profit reached 300 million yuan.

To be honest, such data is actually not very conspicuous among the subsidiaries of lo International, but Bai Ningyuan still gave full affirmation and was even a little surprised.

There is no other reason. In Bai Ningyuan's impression, Liu Jing's personality traits are safe and conservative and never aggressive. This has been very obvious since she followed Bai Ningyuan. Therefore, in Bai Ningyuan's heart, she is more suitable to be the head of the delicious duck who has now developed to a bottleneck. As a successful person, as long as he has no fault, it is a great achievement. But he never expected that during the year when Liu Jing was in charge, she not only promoted the construction of two central kitchen bases in the south, but also fought with local brands in the south and quickly gained a foothold. Her radicalism made Bai Ningyuan look at it.

Unexpectedly, after transferring Zhang Meng away and Liu Jing straightened her, Liu Jing lost the dependence in her heart, and after she started to make decisions independently, it stimulated her inner adventurous spirit and made her achieve such a result in this short year. It was simply a surprise for Bai Ningyuan.

Sure enough, in many cases, if you don’t force it, you will never know how great a person has…

The second update today is, please subscribe and reward!

I will go back to my hometown tomorrow and spend a day off. There is only one update. It will be normal for the day after tomorrow. Please note that this is not an April Fool's Day joke.
Chapter completed!