Chapter 42 Long-term perspective
These students trained by New Dream can easily transform into teachers for youth art training in the future.
This is a huge advantage that other youth art training companies do not have.
Qiao Yuhui's beautiful eyes turned, "Mr. Xu, what are your plans for the future of New Dream?"
Xu Liang smiled, "New Dream will be the first in the field of art training before considering training in other disciplines."
After hearing this, Qiao Yuhui nodded and said nothing more.
"Does Mr. Xu have any plans to go public?" Teng Huaming asked.
"certainly."
Teng Huaming made a gesture of listening.
"This year, New Dream's plan is to open studios in all first- and second-tier cities in China. And to carry out college entrance examination training in music, art, traditional Chinese painting, and dance in studios that were established earlier, such as Beijing, Tianjin, Shanghai, and other cities."
“In 2001, New Dream will launch a full range of art college entrance examination training in all first- and second-tier cities, and carry out youth art training in first-tier cities.
In 2002, youth art training stores will cover four major first-tier cities.
In 2003, the number of youth art training stores will reach 100.
If all goes well, the new Dream will be available in 2006. "
After listening to Xu Liang's development plan, the private room became a little quiet.
After a moment, Teng Huaming asked.
"Why did it go public in 2006, not earlier?"
"In 2006, New Dream's youth art training has reached a certain scale and established its dominance in the field of art training. It is just the right time to go public. If it is early, the youth art training market will not account for a large share. If it is late, it will not let New Dream There is no meaning if the dream changes qualitatively.”
That being said, the fundamental reason is that this is the best time to go public.
The domestic and foreign stock markets are booming, and the stock price is relatively ideal after listing.
If it's too late, the U.S. subprime debt crisis broke out in 2007, the subprime debt crisis broke out in full in 2008, and the European debt crisis in 2009 brought chaos to the global stock market.
He couldn't wait until 2010 to go public again, it would be too late.
Next, the two parties continued to communicate, most of them centered around new dreams, and a small amount of them were about Hanhua Capital, mixed with their views on the Nasdaq crisis and so on.
After finishing the meal and chatting, they dispersed.
Xu Liang couldn't drive after drinking, so Jiang Xiaoyang could only send him back first.
As for Huo Gang, he is now the security director of New Dream, so there is no way to see him off.
"You don't seem to agree very much with Senior Brother Tang's plan to make the new dream involve subject education?" Jiang Xiaoyang asked.
"Did you hear it?"
"At any rate, we have known each other for such a long time, and we have some understanding."
Xu Liang smiled and said, "You are right, I have no intention of letting my new dream involve subject education and training."
"Why? The size of this market is much larger than art training."
Jiang Xiaoyang said puzzledly.
"I ask you, what is the core competitiveness of subject training?"
"Teacher, only excellent teachers can attract more students." Jiang Xiaoyang affirmed.
Xu Liang nodded and continued: "Now all the outstanding teachers in primary, middle and high schools in China are in public schools. In order to make money, private training institutions will definitely pay high prices to poach these teachers.
As the saying goes: The wool comes from the sheep.
Private institutions are not philanthropists, and the cost of recruiting teachers at high prices must fall on the parents of the children receiving training.
It is foreseeable that the more private training institutions there are and the more fierce the competition, the more expensive the training fees will be.
This will cause two very serious consequences.
First, the teaching quality of public institutions has declined and the cost of education has doubled.
Because students from poor families cannot get a good education, it becomes increasingly difficult for them to get ahead, which ultimately leads to the polarization of rich and poor in society, the solidification of classes, and the continuous growth of social conflicts.
Second, the increase in education costs will also suppress social fertility and cause a low birthrate.
Our country is a socialist country where the people are the masters of the country and will never allow things that threaten the foundation of the country to occur.
Therefore, once social conflicts intensify, the state will most likely take action to cut off private training in disciplines from the root. "
Xu Liang experienced the national iron fist attack in 2023 in his previous life.
All institutions and investors at home and abroad, including politicians from various countries, did not expect that China would be so decisive.
For the sake of educational fairness, they are actually willing to destroy an education and training market worth hundreds of billions, or even trillions.
It's incredible.
He was thankful countless times that he was doing art training. Not only did he survive, but he also received venture capital from Sequoia.
Unfortunately, he came back before it was launched.
Listening to his conclusive words, Jiang Xiaoyang was completely shocked.
Because this has gone beyond the scope of industry and involves national policies and national economy and people's livelihood.
"Why are you dazed? The light is green, let's go."
Jiang Xiaoyang came to his senses, stepped on the accelerator and crossed the intersection, quickly parked the car on the side of the road, turned his head, and looked surprised.
"What you just said is all speculation. How can you prove it to be true?"
Xu Liang smiled and said, "You are also studying finance, so you should be very clear about the nature of capital. From the moment it was born, it has 'greed' written in its bones, so it will do everything possible to pursue high profits.
This is the law of heaven and earth, and no one can change it.
If there are no national laws and regulations to suppress it in advance, what I just mentioned will come one after another. "
Jiang Xiaoyang stared at the man opposite him for a long time.
"Are you really only eighteen years old?"
"Haven't you seen my ID card many times?"
Jiang Xiaoyang nodded slightly and suddenly said: "Xu Liang, I really admire you now."
"Then shouldn't I feel honored?" Xu Liang smiled.
The two looked at each other, and the atmosphere in the car suddenly became a little more ambiguous.
Jingle Bell….
A crisp ringtone suddenly rang, interrupting everything.
Jiang Xiaoyang turned his head, took out his cell phone, looked at it, and quickly picked it up.
"Okay, I understand. I'll tell him. Goodbye."
"Whose phone number?" Xu Liang asked.
"It's Yuhui. She said that she and Senior Brother Teng decided to join New Dream, but Senior Brother Tang refused."
"As expected." Xu Liang said.
Tang Xingmao was a smart man, and he naturally saw Xu Liang's disapproval of subject education.
"How do you plan to use them?" Jiang Xiaoyang asked curiously.
"Qiao Yu will serve as the chief financial officer, and Teng Huaming will go to Pengcheng to open up the situation first, and a year later, he will be transferred back to serve as the CEO." Xu Liangdao.
Teng Huaming studied education himself, and also has experience in management positions at Pearson Education Group, so he has sufficient abilities.
And his plans for his new dream fit him perfectly.
"Where do the three of them live?"
"The Ritz Carle."
"Please send me there."
"Sending you there, why?"
Xu Liang looked at the neon lights in the distance through the car window and said calmly.
"Although Tang Xingmao disagrees with me on New Dream's future plans, it is undeniable that he is indeed a rare talent. Therefore, I want to talk to him again."