Reborn Entrepreneurial Giant

Chapter 770 Impact Investing

Qu Li, who thought he was well-informed, did not expect that he was still "ignorant". With numerous evidences, "Fresh XJ Seafood" can really succeed.

However, further investigation found that the so-called 1.5 billion acres of saline-alkali land was only a statement in the 1990s. The statistics in 2009 were 182 million acres. The results of the third soil census in 2019 showed that it was about 115 million acres, and it is far more difficult to develop than As you can imagine, the role of sea rice is quite limited.

To turn saline-alkali land into agricultural land, the most fundamental way is to reduce the salt content of the soil. Most plants that can survive in saline-alkali land are salt-alkali tolerant and cannot absorb the salt in the soil, or can only absorb a small amount.

To put it simply and directly, the most effective way to improve saline-alkali land is to improve the water condition and use a large amount of fresh water to irrigate and wash the salt. Just like sea rice cultivation still requires a large amount of fresh water. In addition, the development of saline-alkali land is not a one-time solution. Many saline-alkali wastelands were abandoned after being reclaimed because of the intensification of soil salinization and the inability to grow crops.

However, XJ seafood is quite interesting. Seafood can only be raised in places where there is no shortage of water. I thought XJ was very dry, but I didn’t expect that there is no shortage of water.

Qu Li had no objection. If Oasis Ecology really becomes a high-tech agricultural company, especially if it makes outstanding contributions in the field of saline-alkali land, then it can obtain "privileges" in many countries. Besides, if private enterprises invest in domestic agriculture and become large landowners, considering saline-alkali land is the most realistic solution.

Since the name is "Oasis Ecology", then "ecological farms" must be built. The domestic food safety problem is so serious, at least we must ensure that our own people eat well. Many rich people like to contract farms, isn't it just for the sake of food safety? Is this a stutter?

"It is difficult for us to build such large-scale farms. If they are distributed across the country or even the world, management problems will be serious." Cheng Yang

"Isn't it just a distributed system? How difficult can it be?" Qu Li didn't take it seriously.

"Under the domestic land policy, two to three thousand acres is a lot. Most of the farms with tens of thousands of acres or hundreds of thousands of acres are state-owned. We want to build ecological farms. When we scale up, we can establish dozens or hundreds of them across the country. How will we manage them? ?”

"I have 24-hour real-time network monitoring, plus artificial intelligence monitoring..." Qu Li knew that the goose factory later used artificial intelligence to raise geese, and it did not seem difficult to do facial recognition for animals and plants. As for finance, it was not a big problem. WeChat payment It is destined to be popularized in all offline payment scenarios, and all data information is under control.

"It's really difficult to manage, so I asked programmers over 35 years old who had achieved financial freedom to drag their families to farm in the ecological farms we built across the country..."

Qu Li really feels that outstanding talents should be distributed to all walks of life across the country. At the age of 35, they can no longer stay in major Internet companies. As long as they can accept the reality of falling salary levels, there are still too many industries waiting for them to shine. They have A hairy crisis.

"However, this is still too difficult..." Cheng Yang hesitated

"Build a few models first, and we will take our time. We can first build ecological farms in the surrounding cities of Beijing, Shanghai, Guangzhou and Shenzhen to meet the needs of enterprises..." Qu Li

"Oh, okay!" Cheng Yang didn't expect that Qu Li wanted to solve his "eating" problem.

Having said so much, in fact, the direction of Fanxing Fund is becoming more and more clear, and it will focus on impact investment in the future: it must not only effectively solve social and environmental problems, but also obtain due financial returns for investing in these good solutions.

In other words, it is to try to use market means to solve social and environmental problems instead of simply "donating" and "poverty alleviation". This is very difficult, but thinking about the ethics of a certain cross society, Qu Li still believes in his own abilities.

Donations are still necessary. Donating to schools and hospitals is a way to be prepared.

Having determined the direction and postponed the adjustment of Fanxing Fund for the time being, Qu Li continued to improve his New Year's Eve speech and summarized the revenue of Glory and Time Jumei.

In 2015, due to the hot sales of IPhone6, Apple's annual mobile phone sales were about 200 million units; due to price cuts, Honor's mobile phone sales reached 250 million units; correspondingly, Samsung mobile phones were unlucky, but they still ranked first in the world, with sales of nearly 300 million units tower.

Although Samsung sells a lot of mobile phones, Honor’s flagship phone sells more, and the unit price per customer is higher. It has remained above US$450 so far, so the annual mobile phone sales are about US$120 billion.

After the combined statistics of Honor's tablets and laptops, sales also increased. Thanks to the opening of the Japanese market, approximately 25 million units were sold, with annual sales of US$12.5 billion.

Then there are smart devices, mainly smart watches. It may be that the brand influence is insufficient. Although many marketing methods have been used, it was still overtaken by the iPhone and iWatch, so that the annual sales volume was only 5 million units, with an average price of about US$400. Sales are approximately US$2 billion.

There are also whole-house smart home products such as voice speakers, niche black technology products such as drones and balancing cars, Honeycomb Energy, Great Wall Huaguan, etc. The combined revenue may be less than US$3 billion.

Excluding 5Year, Honor's full-year sales were approximately US$137.5 billion, and its net profit was close to US$20 billion, setting a new high. During the crisis, Honor actually achieved a net profit margin of nearly 15% at the most dangerous time. Of course, during the same period in history, Apple made more than $50 billion in net profits, a net profit margin of nearly 23%; Samsung Electronics had a net profit of $22 billion, a net profit margin of about 13%.

If you add in the financial report of Geometry Futures, the income gap between Honor and Samsung Electronics is very small. Such fantastic results feel unreal no matter how you look at them.

Is time together beautiful real at that time? In 2015, China's total online retail sales were approximately 4 trillion, of which Alibaba and Jumei shared 90%. Based on Ali's 60% share and Jumei's 30%, Jumei and Juhuasuan's annual GMV was approximately 1.2 trillion, and self-operated accounted for 5,500 billion, and the third party counts 650 billion.

The sales volume of the overseas business Shopee platform exceeded US$25 billion due to the strong promotion of overseas warehouses, improved delivery timeliness, and mobile-first strategy. Let’s not talk about Shopify. Although the transaction volume of the platform is large, the revenue scale is not large.

The logistics business was 50 billion last year and 60 billion this year. The main growth comes from the increase in express delivery revenue from e-commerce's self-operated business.

What about the private label division? Xiangyun’s revenue exploded to nearly 20 billion. Is Mi Technology’s revenue estimated at 40 billion? Others, such as Koala Food and Cotton Era, do Ming’s grocery revenues add up to 5 billion? The revenue from cloud computing and search sectors is estimated at 20 billion. The revenue from financial services and social entertainment is really difficult to calculate.

A rough estimate shows that the revenue of Time Jumei in 2015 will not be less than 110 billion U.S. dollars, which is more than Amazon’s revenue of 107 billion U.S. dollars this year. As for profits, forget about it. Even if there is any, it will not exceed 1 billion U.S. dollars. It is still in the investment stage. , there is no need to rush to make money.

Honor's income source is still somewhat single, while Time Jumei's income is diversified. Both companies are now in very healthy operating conditions and can boast!

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