Project Risks

"This involves specific operational details."

Chen Mo nodded slightly.

"It's certainly difficult to completely prevent bike theft and vandalism, but we can minimize the losses through certain measures."

"First, we need to create a bike-sharing app. The app will mainly involve features like navigation, positioning, and payment. The primary operation is to place QR codes on the bikes; then, passersby can scan them via the app to unlock the bike."

"Once the bike is unlocked, the timed billing process begins. Finally, when the user rides to their destination and parks the bike, the app will deduct the fee. How exactly to implement this is something you'll need to establish a dedicated technical department for."

"Next is the issue of management. We can set up an operations team specifically responsible for bike repairs and recovery. Each bike has its own GPS, so they can locate them based on that."

"Then there's the issue of deployment. We can set up designated drop-off points. Bikes must be parked at these fixed points to avoid extra charges; otherwise, there will be a high penalty fee."

In his past life.

When shared bikes first appeared, they basically only had a large general operating area. As long as you were within that area, you could park them anywhere.

At that time,

shared bikes were basically very Ran, and you could see them everywhere, which really affected the city's environment.

Therefore,

he planned to nip all the problems encountered by shared bikes in the bud here.

"That's the gist of the project. Finer details can be arranged when we actually start doing it."

Chen Mo unscrewed a bottle of mineral water on the table, took a sip, and continued.

"Next, I'll talk about the risks of this project."

"That is, after the shared bikes come out, if they are very popular, they will definitely attract a large number of investors. At that time, multiple bike-sharing brands will compete and engage in internal involution, and basically the entire bike-sharing industry will face a state of loss."

"At that time, it will be a battle of capital. Whoever can win this battle will redistribute the cake of the bike-sharing industry."

"By then, our bike-sharing industry will enter a stable phase. Once the investment is recouped, we can try to promote shared electric bikes."

After Chen Mo finished explaining the project plan, he waited quietly.

After a while,

Du Ziteng suddenly spoke up.

"I think this project is feasible."

"I think so too."

Chen Cong also nodded.

Qin Meng looked at Chen Mo seriously, her eyes filled with surprise. He had already laid out the shared bike plan so perfectly, even anticipating the risks they would face in the future.

It was enough to show that he had been planning this project for a long time.

If it weren't for today's events, he would probably have done this project on his own.

After all, with the strength of a Group, investing in this shared bike project would be more than enough.

Yet now he had directly shared such a comprehensive project plan here; this kind of vision was not something an ordinary person could achieve.

No wonder Shen Rou followed him so devotedly.

"I also think this project is feasible."

A smile played on Qin Meng's lips.

"Seconded!"

"Seconded!"

"…"

In an instant,

the six rich second-generation heirs in the Room all agreed with the shared bike project.

Next,

was the issue of capital investment.

But this had nothing to do with Chen Mo; he didn't need to invest.

Soon, the investment amount was decided.

It totaled 400 million.

Chen Cong and Du Ziteng each invested 100 million, each holding a 20% stake.

The other four invested 50 million each, each holding a 10% stake.

Adding his 20% stake, that made exactly 100% of the shares.

"General Manager Chen, this is currently just a verbal agreement. In the next couple of days, I'll get the contracts ready. Once everyone signs, it will be considered an official investment in the shared bike project."

Chen Cong stood up and said excitedly.

"Sure. I've already explained the gist of the project. Just follow what I said. If you don't understand anything, you can give me a call. I'm going to go wander around the party again; you guys continue chatting."

Chen Mo said, then took Shen Rou and left the Room.

His purpose in coming to the party was to find loss-making projects. Now that there was still some time before the party ended, he planned to try his luck there again.

Shen Rou followed by Chen Mo's side, sighing inwardly.

General Manager Chen is truly kind-hearted. To give away such a complete project just like that.

Although he asked for a 20% stake, if he had invested in and done this project himself, he would have obtained 100% of the shares.

After all, Mingri Group certainly isn't short of funds, and General Manager Chen had already planned the project himself.

He could have just recruited some staff and gotten this project up and running.

And more importantly, it seems General Manager Chen has already conducted an experiment within the Group.

Now, there is an area under the Mingri Group building where electric bikes are deployed. Although those electric bikes aren't for the general public, but for the Group's employees.

But she had looked into it, and the employees' feedback on those electric bikes was basically very satisfactory.

Some employees only lived 2-3 kilometers away from Mingri Group. Walking would take a long time, but taking the bus meant waiting, and there were many people during the evening rush hour.

But now, with these electric bikes, they can just ride one after getting off work. The 2-3 kilometer distance takes just over 10 minutes to get home.

It's faster than taking the bus, and they don't have to wait for the bus or squeeze into it.

Through this small experiment at the Group, it was enough to prove that General Manager Chen's shared bike project has a large target audience.

She sometimes encountered similar situations, like going to a place only 3-4 kilometers away. If she waited for the bus, it might take a long time, and if she took a taxi, it felt a bit wasteful.

At these times, if there was a bike nearby she could use, she would definitely choose the bike.

Although it starts with bikes, General Manager Chen just indicated that once the shared bike project is stable, they can launch shared electric bikes.

Shen Rou could already foresee the situation after this shared bike project was implemented.

It must be very popular.

…

The next day,

early morning,

Chen Mo got up and went into the bathroom to wash up.

After he came out,

the Room door was knocked on.

Chen Mo glanced at the time, knowing it must be Shen Rou.

He opened the Room door to see Shen Rou standing at the entrance, with a hotel waiter pushing a food cart behind her.