Chapter 39103912【Return to live in the country】
Xiang Nan agreed to return to China with Qiao Gu.
On the one hand, as he said, struggle is inevitable, and as a smart person, you should learn to prepare for a rainy day and not put all your eggs in the same basket.
On the one hand, there are many more investment opportunities in China today than in the United States. In addition to chips, the Internet, and smartphones, the United States has almost no other bright spots in the future.
Almost all industries in the mainland, including real estate, the Internet, automobiles, restaurants, and clothing, are developing rapidly.
For example, in the game industry, in two thousand years, the scale of the domestic game industry was only 30 million. By 2023, the scale of the domestic game industry has reached 300 billion. In twenty years, it has increased ten thousand times, which is like a myth.
On the one hand, it is easier for people like him to go abroad. He now has his own private jet. If he wants to fly anywhere, he can basically fly wherever he wants.
For him, going abroad is as easy as returning home. He spends at least half of the year either on a plane or on his way to catch a flight.
So returning to China to live is not a big deal for him, it is just like changing to an inn in Hearthstone in "World of Warcraft".
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Xiang Nan and Qiaogu then moved back to Yiwu.
Now that Chenjia Town has been merged into the urban area, many original villagers have moved upstairs, and Chen Jinshui, Chen Jintu and others have even moved into villas.
The decoration of the home is very luxurious and advanced, and it is almost the same as a mansion in Beverly Hills.
Xiang Nan and Qiaogu’s previous wedding home was also demolished, so they moved back to China. They even bought a villa close to the two houses so that they could move around more and communicate more.
"I'm fine. I'm still banging when I go up and down the stairs. You don't have to come back to stay with me." Chen Jinshui waved his hands when he learned that his daughter had returned to China to be with him.
“Dad, we are happy that you are in good health.” Xiang Nan said with a smile, “We came back, firstly, because we were afraid that you would be lonely, and secondly, we wanted to return to our roots.
Although Liangyuan is good, it is not a home of long-term love. Although the United States is good, it is not as good as our country. Let me tell you, what I crave the most in America is this pickled food. Without Jinhua ham and winter bamboo shoots from Zanyu, the taste just wouldn’t be possible. "
“Dagang, you are right to think so. No matter how good a foreign country is, it is still not as good as our Yiwu.” Chen Jinshui smiled in agreement.
In addition to moving back home, Xiang Nan successively sold a number of assets to prepare for the upcoming subprime mortgage crisis.
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In 2008, the subprime mortgage crisis broke out, triggering a financial tsunami that swept across the world, and China's economy was also greatly affected.
ˆThe financial market is turbulent, exports are shrinking, and many factories are on the verge of bankruptcy due to lack of orders.
In comparison, Xiang Nan strategized early, and the private equity funds he managed not only did not suffer losses in the subprime mortgage crisis, but also took advantage of the lows to absorb a large number of high-quality assets at low troughs.
As early as 2005, Fantasia Group began to implement the “going global” strategy and actively opened up overseas markets. Especially Southeast Asia, Central Asia, West Asia, Eastern Europe, Africa, and South America are underdeveloped areas.
This subprime mortgage crisis, although business has been affected and orders have declined, but after all, it has breathed more than others.
By 2010, Mood for Love's exports had reached US$500 million, accounting for 40% of total sales. In addition, the online sales of Cao Xiang Nian Hua also reached one billion yuan, accounting for 30% of offline sales. It is expected that with the popularization of the Internet and smartphones in the future, online sales will exceed offline sales. Therefore, under Xiang Nan's suggestion, Chen Jianghe began to gradually eliminate offline stores and focus on online shopping and exports.
In addition to opening an online store, Chen Jianghe also invited Internet celebrities to promote his products, organized public accounts, Weibo accounts, etc. to attract traffic, and promoted his clothing through a series of measures.
Sure enough, in one or three years, with the promotion and popularization of smartphones, more and more people chose to shop online. The scale of online shopping became larger and larger, and it has gradually surpassed offline shopping.
Chaosiannianhua, which was the first to make efforts online, now has more sales than offline. Annual online sales exceed 5 billion yuan, making it one of the most popular clothing brands among young people.
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In the same year, Zhang Jiuxiang and Chen Jintu passed away one after another.
However, when they died, they were already eighty years old, and they were considered to have died.
In the same year, after his son Chen Jikai graduated from graduate school, he planned to stay in the United States and start a business.
He majored in computer science at university, and the project he plans to create is AI. Chen Jikai believes that the future of computers is AI, which can free people's hands and feet so that they no longer have to work hard.
Xiang Nan respected his opinion and did not force his son to return to China. He also gave his son's inheritance company the first round of angel investment.
With his connections in the American business and technology circles, Chen Jikai’s inherit company has also received attention and investment from other consortiums and technology companies.
In 2015, after two years of development, inherit launched its first AI model, KAMA. This model was widely discussed in the industry and successfully attracted a second round of investment. Among them are well-known companies such as Facebook, Google, and Microsoft.
In the following years, inherit continued to strengthen KAMA's capabilities and attracted more and more talents to join. The market valuation also became higher and higher, and it gradually became a favored unicorn company.
Chen Jikai also gained fame and wealth by virtue of his status as the founder of the company, which made Xiang Nandu happy for him. Although in the early stages of his son's business, he did give him a boost.
But the son’s success today is mostly due to his own efforts, otherwise mud would not be able to hold up the wall. So Xiang Nan is very proud of him.
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In 1616, Chen Jinshui also passed away at the age of eighty-four.
Xiang Nan, Qiaogu, Chen Jianghe, Luo Yuzhu, Qiu Yingjie and others all came to see him off in person.
Chen Jinshui has been affectionate and righteous in his life, and has worked hard without complaining. Apart from being a bit stubborn, he has almost no faults, so the people in Chenjia Town obey him.
Now that he has passed away, all the villagers who can come also come to see him off. The funeral procession is huge, with thousands of people in it. This shows his popularity in the village.
Different from the drama in which Chen Jianghe and Luo Yuzhu have retreated to the second line and are getting old, in fact, they are both in their fifties now. I can't say that they are young and powerful, but they are also full of energy. They are still very motivated.
It's just that when Luo Yuzhu was young, he lived under a bridge for a long time, so unfortunately he was infected with rheumatism, which caused some inconvenience to his legs and feet.
After Xiang Nan found out, he specially prepared some medicine for her, and she felt better after taking it. Now the two are gritting their teeth and want to develop Mood for Love into an affordable luxury brand like H&M, Zara, GAP, and MUJI.
After all, it is the same T-shirt. The quality of H&M, GAP, and Zara is not as good as theirs, but the price is several times higher than theirs.
They only charge fifty for a good T-shirt, while Zara’s T-shirt costs one to two hundred, and the profit is drastically reduced.