Boss, the work here is going smoothly. The Western Mustang Network Fund is doing very well, and the company's various businesses are developing prosperously. Android is also back under our control. The newly recruited R&D team has taken over the previous research results and will soon be able to release the final confirmed models to support our new product offensive! Hao Jianguo reported volubly to Huang He.
This was a weekly work report conference call, led by Hao Jianguo, to inform Huang He about the performance of the entire Jiangnan Group in North America over the past week.
Of course, there was also a written work report, extremely detailed, covering all aspects of work in the North American region, from performance, market changes, to personnel appointments and dismissals, with content exceeding 300,000 characters each time.
However, these work reports were not reviewed by Huang He himself, but analyzed and judged by Huang He's secretarial office, which then selected key summaries for Mr. Huang to read quickly, otherwise Mr. Huang would have a headache.
But even so, Mr. Huang couldn't help but feel a headache, because the business of the entire Jiangnan Group was becoming increasingly vast, and he no longer had the energy to control all the detailed operational work of the company.
At the same time, he couldn't help but sigh that Emperor Zhu of the Ming Dynasty was truly a top-notch workaholic. Managing everything like that was not human work, and abolishing the position of Prime Minister, Emperor Zhu was truly amazing, a masochist.
“Very good, excellent. Jianguo, your work capability is probably among the best in the entire Jiangnan Group. It's impossible to find anyone in the group who can surpass you.
You've completed your work so perfectly that I can't find a single flaw!” Huang He said with great emotion after listening to Hao Jianguo's report.
This was not sarcasm but the truth. Hao Jianguo's work was indeed excellent. All the tasks assigned previously had been smoothly executed, and the profit growth and market growth of each subsidiary were evident in the data.
Moreover, this work content report seemed to be real and credible. At the very least, the increase in funds in the accounts couldn't be faked. Moreover, Mr. Huang had other sources of information to cross-reference with Hao Jianguo's work report, and these were indeed real data.
“Not at all, this is just part of my duty!” Hao Jianguo said this, but deep down he felt exhausted. He had been extremely busy lately.
Since Huang He fully handed over the North American work to Hao Jianguo, Hao Jianguo had become a complete workaholic. A large amount of business in North America required Hao Jianguo to make decisions, set development directions and strategies, and control the overall market promotion, as well as maintain reputation and public relations. These tasks occupied about 60% of Hao Jianguo's life. He hadn't taken a vacation for a month.
Hao Jianguo was so tired he was almost crying.
Normally, Hao Jianguo wouldn't have to work so hard. After all, there were countless large companies in the United States, and many of them had more business than Jiangnan Group. However, the actual controllers of these companies didn't work as hard as Hao Jianguo. Their political work was several times, even more than ten times, easier than Hao Jianguo's. They could travel to other countries for more than ten days a year without managing the company's affairs.
They were so relaxed because these people, like Mr. Huang, had basically delegated authority to their secretarial offices and other senior executives, and they only managed the overall strategic planning and some important business activities, hence they lived a very easy life.
But Hao Jianguo couldn't do that. Hao Jianguo didn't even dare to entrust these tasks to more people. At most, he would have his trusted secretaries help him with some trivial matters. A large portion of the specific work was completed by Hao Jianguo himself.
The reasons were rather complex. First, Hao Jianguo dared not let others interfere. After all, Hao Jianguo was working as a double agent, so he needed to have complete control over all company situations, and then report to Goldman Sachs.
Moreover, if too many senior executives were involved in helping Hao Jianguo, then when Hao Jianguo had to make decisions that harmed the company's interests, these senior executives would definitely notice it and might report him. Therefore, many important tasks had to be completed by Hao Jianguo himself. He absolutely dared not delegate them to others.
If Huang He, who trusted him so much, suddenly found out that he was betraying the company's interests, Hao Jianguo felt that Huang He might directly hire a truck driver to send him on a flight to heaven.
Therefore, before preparing to leave, Hao Jianguo absolutely could not expose his identity.
It was precisely because of this that Hao Jianguo not only took on all the work but also completed it exceptionally well. Apart from necessary intelligence gathering or cooperating with the elder's orders, Hao Jianguo did his utmost to complete all his work flawlessly. Once, to promote the market in a certain region, he directly led all the salesmen to the black residential areas in that region to engage in sales, which astonished the black people. It was the first time they had seen sales representatives come to the black neighborhoods to promote products.
He was able to drink and chat happily with their leader who arrived later, and even got their leader drunk under the table. The two of them immediately became very good friends.
The direct result of this was that in the future, this black residential area would forever be a loyal customer of Jiangnan Group.
There were many similar examples. Among all the employees of Jiangnan Group, whether they were middle management, senior management, or grassroots employees, anyone who mentioned him, Hao Jianguo, would give him a thumbs up and praise him as an exemplary leader. They felt invigorated working under such a leader!
This was also one of the reasons why the North American branch of Jiangnan Group, after rashly implementing Chinese as the working language, was able to resume high-speed growth within a few months. It was truly because Hao Jianguo had worked hard to lead the entire company's development.
Moreover, sometimes in order to complete his work, Hao Jianguo would also utilize some of Goldman Sachs' resources and disguise them as his own connections. Just like before, many of Jiangnan Group's intractable problems were ultimately solved by Hao Jianguo using Goldman Sachs' resources, and they were all free of charge, which was very conscientious.
Hao Jianguo did this not out of any guilt towards Huang He, but to cover himself. Hao Jianguo's idea was simple: a spy could not work so hard to develop the company and even risk his life on the job.
If he performed so outstandingly, Huang He would never suspect him.
As expected, Huang He did not suspect him at all and soon told Hao Jianguo another important secret, or rather, a major development direction for the company.
“The Western Mustang Bank and Western Mustang Wallet should not merely be used as wallets for purchasing funds. This is a tremendous waste of this meticulously designed network financial product. We must develop this magical financial product comprehensively!” Huang He said passionately to Hao Jianguo.
“Boss, just tell me what task you have for me!” Although already very tired, Hao Jianguo still mustered his energy and said.
“Well, I believe we must now explore more usage scenarios for the Western Mustang Wallet, and the most important of these is online payment!” Huang He said.
“Online payment?” Hao Jianguo's eyes darted, and he immediately said, “Is it perhaps a payment scenario similar to our domestic Jiangnan Wallet?”
“Exactly, that’s the idea. Jiangnan Wallet has been operating in China for three years and has been very successful. It has now become the only online payment platform in China. Currently, the funds flowing through this platform exceed 1 billion yuan daily, which amounts to over 400 billion yuan annually. And about 100 billion yuan of these funds remain as balances in the Jiangnan Wallet. Do you know what this means?” Huang He asked faintly.
“I know, it means that this money is our money!” Hao Jianguo licked his lips and said. So, the funds stored in the Jiangnan Wallet were entirely the users’ own balances, the users’ money.
But the problem was that this money was just a string of numbers in the wallet, while the actual control was in the hands of Jiangnan Group. Jiangnan Group only needed to prepare a reserve fund of no more than 1% to cope with user deposits and withdrawals. The remaining 90% of the funds could be used by Jiangnan Group to make money for itself.
If 100 billion yuan is deposited annually, it would be one trillion yuan in ten years. If this capital were solely used to purchase government bonds, it would yield a net profit of 40 billion yuan annually.
These profits were earned using the users’ funds, a completely profitable industry, and this did not even include the income from the money-making treasure, otherwise, there would be more revenue.
“Indeed, if such a tool could also be widely promoted in the United States, then the profits we would gain annually would not be 40 billion yuan, but 40 billion US dollars!” Huang He narrowed his eyes and said.
“Understood, Boss, I will start preparing and expand the market for the BLm mall!” Hao Jianguo said, understanding immediately. “Wait, what did you say?”
“I said I would expand the market for the m mall,” Hao Jianguo repeated somewhat surprised. “Boss, aren’t you assigning me the task of expanding the market for our online mall so that the Western Mustang Wallet can have a wider user base?”
“Yes and no!” Huang He smiled, then sighed again. “Although developing our own e-commerce is the best option, we have already lost the first-mover advantage. The United States already has online malls like Amazon and eBay. I don’t think we have a chance to gain market share from them by entering at this time!”