Chapter 1398: Achieve 1

Lanshan Club.
On the golf course, Li Dong chatted while waving his club.
As for how the ball is played, a few people don't care too much, just find something for fun.
Ma Yun frowned: "Actually, now we are facing the two biggest problems.
First, if you want to open up the market, the rate of return must be higher than that of the bank on a regular basis.
But once it is higher than the regular bank, it is completely opposite to the bank, our pressure is infinitely increased.
Second, the issue of risk.
Not only the risks of users, but also our risks.
Once faced with a large-scale redemption and fund shrinkage, we are in trouble.
You said to adopt the T + 0 redemption model, the risk of this model is extremely terrible.
It's easy to say what you want.
In the face of centralized redemption, we have no time to prepare.
Once the funds cannot be received, the entire Internet financial system will collapse. "
While waving his cue, Li Dong said, "There must be risks. Any business related to finance has its risks.
It's nothing more than size!
Our goal is to minimize this risk.
In the early period, our main investments were some short-term bonds, government bonds, commercial paper, central bank paper, interbank deposits ...
When the later period stabilizes, we can consider corporate bonds with a higher return rate, social infrastructure projects, and large long-term time deposits ...
As for the centralized redemption of such things, it actually depends on the credibility of the enterprise.
If the credibility of the enterprise is sufficient, the probability of such an event is too low and too low.
If the corporate credibility is not enough, then you can find a way for yourself. Anyway, the corporate credibility of the distant place is still sufficient.
I really have the risk, I still have the ability to resist.
In terms of distant retail, the daily revenue plus the mall is close to 1 billion. As long as the scale of the outbreak is not too large, I am confident that it can resist the past.
Of course, the possibility of this situation is very low.
The Chinese people are the most stable and reliable in the world.
As long as you don't use their money unscrupulously and force them to the end, there will be no such possibility.
Of course, this is our passive thinking and take the initiative, that is, to do a good job of risk management and control.
We are not professionals, and we can't do everything in terms of risk control, so we still have to rely on professionals to do this. We don't have much meaning to discuss this now.
While the economy is just beginning to recover and everyone is at a loss as to how to invest, the faster we release the virtual currency fund, the greater the returns.
Say well in advance, I am fast.
At the end of February, I will acquire a fund company, and in March I will start applying to go online.
As long as the approval is approved, I will definitely go online before April.
Don't rub me against you, rub me up for months, half a year, then I'll play by myself.
Although the risk is a little bit bigger, but if I am in the advanced field, as long as the pressure is blocked, you companies will follow suit. Then, how much money do you want to collect?
By the way, let me say one more thing, my strength is stronger than you, you can take the T + 0 mode.
Your strength is weaker, I think T + 1 is more appropriate. "
Li Dong said very seriously, this is also true.
Do not look at the difference between the two is only one day, but the meaning is completely different.
T + 0 is the balance treasure in the future, and it can be withdrawn at any time.
T + 1 is to give the fund company a day to prepare, if there is a risk problem, you can have time to adjust and rescue.
Seeing that the two were still thinking, Li Dong said again: "In fact, the risk is smaller than we thought. I said that taking and saving is not unlimited.
A maximum limit can be set to reduce this risk.
Today, our balance account is actually doing this, everyone has accepted this model.
To add one last sentence, the profit is huge!
After realizing online direct purchase, our marginal cost will drop a lot.
At present, according to our survey statistics, the return rate of the large-amount bill business and the central bank's large-term fixed-term business in the market is generally above 10%.
Of course, public funds do not have the right to share revenue, but they can charge a commission if they exceed the expected return, plus management fees.
If we can absorb one trillion of deposits, according to the estimates given by the remote financial department, and the satisfactory rate of return to customers, the management fees and custodian fees we charge can reach at least 0.6%.
This is 6 billion, and this online direct sales model has greatly reduced costs.
Net profit margin is generally not lower than 20%, in fact it will only be higher.
With a total scale of one trillion, according to the current market, the net profit of the fund company will not be lower than 1.5 billion a year, a pure return.
In fact, what we care about is not just this return, the return rate of more than a billion to two billion is secondary.
You need to know how much additional revenue will be brought by our traffic entrance, that is, our Wankao and Alipay once we absorb trillions of savings!
In addition, we can use corporate bonds to absorb and digest part of the funds for our own development.
This is not representative of billions of revenue!
And is the trillion scale large?
There are so many netizens in China, whose users are not hundreds of millions or even hundreds of millions. If they can attract hundreds of millions of customers to open an account to join, it will be 10,000 yuan evenly.
Ten thousand dollars, do you think more or less?
In fact, per capita is more than 10,000 yuan. According to the results of our big data analysis, as long as there are 30 million customers, the precipitation funds can definitely exceed the trillion scale!
By that time, hey, our influence will be different.
Don't just consider the risk, no one can avoid the risk.
But considering the returns and benefits, you know that this risk is nothing. "
"Trillion ..."
Ma Yun's eyes flashed nonstop, this guy, the big pie painted!
Can it really reach the trillion scale?
In fact, the fund company's rate of return is really a small matter, the key lies in something else.
Trillions of dollars!
Taking out a tenth is enough for them to eat a mouthful of oil.
This is not to say that the 100 billion yuan has been eaten, but that the 100 billion yuan will be temporarily lent to them by means of compliance, and the effect will be different.
With 100 billion, there are too many things they can do!
Internet companies are burning money in the early days.
Ali and Tencent are actually burning money now, but it's not as fast as before, and with the entry, it also counts as a credit.
It can be credited every year, what's the use?
Tencent is considered to be the most profitable among Internet companies, with total revenue of 7 billion and profit of about 2.5 billion in 2008.
2.5 billion, do you count money for a large Internet company?
If you really want to burn money, you can burn it in a month.
If Li Dong was not supporting from afar, there was no chance to stand up early.
Of course, the distance is much better now, so they do not count the profit of the mall. Otherwise, the profit of the B2C platform such as the distant mall is still terrible, and it makes more money than Taobao.
Ma Huateng pondered for a moment: "Is it too fast in April?
It is now mid-February and less than 2 months away from April.
2 months, the audit may not pass. "
Li Dong shook his head and said: "Not fast, as long as you are willing to contribute.
There are still less than 2 months, but do you know what 2 months means?
Next is the outbreak of the mobile terminal.
As early as last year, 3G mobile phones have been put on the agenda by major manufacturers.
On New Year's Day this year, the release of OPPO smartphones has accelerated the speed of major manufacturers again.
In January, Mobile customized a large number of 3G TD machines.
Now that everyone is working overtime, I suspect a frenzy will erupt in March, and 3G mobile users may break the 20 million mark!
This explosive growth is continuous, and it is not surprising that it doubled in April.
Once the number of mobile users exceeds 50 million, then this market will be completely expanded!
The users who are the first to use mobile terminals have the strongest acceptance of Internet finance.
You do n’t take the lead in grabbing these users and are caught by others, but it ’s not our business.
Let me remind you first, the virtual currency fund is actually not our first.
You are all insiders. You should know that since 1999, PayPal has realized the mode of converting account balances into currency funds.
I heard that just recently, PayPal submitted a payment license application to the People's Bank of China.
If this is passed, then we will enter China. When the people come up with this first, we will be disgraceful. "
Ma Yun sniffed and said: "Then they need to be able to enter."
"You listen to what you said, so ambitious!
Even put hope on the condition that others can not enter, shame not shame!
Since PayPal can enter China, why can't we enter the world?
I'm all ready. As long as I have collected enough funds this time, I will have money. If I have money, I will go abroad and burn it once.
Weibo, Wankao, and the global shopping mall in the distance, I have to get foreign land!
The key is still that we have no money!
How much can financing raise?
Moreover, every time we raise funds, our shareholding ratio starts to decline. These investors are not really paying us to play with them. They have high demands on us.
I think they act on their faces, that is not my style of Li Dong!
I am different from you. You are used to eating other people's meals, so I like to eat my own food, and eat as much as I want ... "
He talked and deviated from the topic, both horses were black as iron.
This guy can't be serious!
The front is okay, and the back is no longer tuned.
Ma Yun said angrily: "Do you think you just learned enough?"
Li Dong raised his eyebrows and said, "I just didn't plan to come here. What happened? Do you want to continue with my preparation?"
It ’s not that I look down on you, I hit three, you three come together, I ’m not afraid! "
"Get out!"
Ma Yun scolded and exhaled: "May be a bit hasty in April.
May, take Labor Day as the limit.
This way we have more time and better preparations.
It ’s not just what you say, we have to measure it.
And to be honest, we are indeed not as free as you. We need to explain to shareholders and directors.
Huateng's side is more troublesome than ours. I'm going to delist anyway. Tencent is still on the market. "
Ma Huateng nodded and said: "May is my limit, no matter how fast, it is difficult for me to carry on.
By the way, do you want to inform Yan Hong? "
Li Dong was stunned for a while, and then said: "Do they have a payment system?"
"Hahaha ..."
Several people laughed suddenly. Baidu certainly had a payment system. Li Dong couldn't help but know.
But Baidu's Baifubao, I am afraid few people know at this time.
They have built a shopping mall, which is almost a joke at this time.
On Li Yanhong's side, Li Dong ignored them now.
What Ma Huateng just thought is that Baidu is also one of the Internet giants, and they can block the knife if they pull it out.
But when Li Dong said this, Ma Huateng didn't want to say anything.
The existence of Li Yanhong does not seem to be necessary.
Regarding Baifubao's pitiful market share, why did he say that this is not sad for Lao Li.
Virtual currency funds are not inaccessible from other ports.
Internet payment system is the most suitable traffic entrance.
The inflow and outflow of funds all pass through the Internet payment system, and other ports do not have this credibility and convenience.
Several people discussed again for a while, mainly because of the general direction.
As for the specific fund model, profit rate and other things, each has its own ideas, and it is not enough for them to talk about it.
Only after actual calculations, data analysis, and market research can the results be obtained.
At present, as long as the general direction is reached, it is enough.
After chatting for a while, several people put down their clubs and returned to the rest area.
Liu Chuan Zhizheng and Liu Qin chatted, knowing that they had something to say, Liu Chuanzhi did not bother specifically.
Entrepreneurs in the business world have no such energy, and it is in vain.
Of course, this is not excluded from Li Dong, who knows that they are talking about confidentiality and wants to eavesdrop a few words.
Seeing them coming back, Liu Chuanzhi didn't have time to speak, so he heard Li Dong laugh and said, "My niece, pour me a cup of tea, my mouth is a little dry."
Liu Qin's body stiffened for a long while before he laughed and rubbed his bottle of mineral water.
Liu Yanzhi looked at each other, then shook their heads, this guy was not saved!
Lao Liu was too lazy to continue to teach him. As for the daughter, she thought she was out of luck. Who asked her to follow her.
When Li Dong was seated, Liuchuan Zhicai said: "I will stop talking about the gossip, and while you are all here, I will see the truth.
The scale of the e-commerce market is getting bigger and bigger, and I hope to talk to you about comprehensive cooperation.
Lenovo has fully settled in several of your malls to create Lenovo's online brand, start an online brand day, and expand our online sales scale.
In addition, our mobile phone computer business can also do cooperation similar to the previous OPPO and distant places.
It's awful to say that in China, the PC side is Lenovo, and the mobile side is no exception. Work with us ... "
Old Man Liu crackled and said, Li Dong was yawning and said: "Boss Liu, let's go to bed, we understand what you mean, do we cooperate exclusively with you?
The relationship is the relationship, the business is the business, I do n’t want to put a large forest, I want you this old tree, I definitely do n’t do it.
Cooperation is possible, other talk-free.
Well, for the sake of our big niece giving me water, I recommend more resources to Lenovo, and the rest is okay. "
Liu Chuanzhi was black, and waiting for him to speak, Ma Yun shrugged: "I have an opinion with Li Dong on this matter."
Ma Huateng smiled while drinking water: "Don't look at me, I now have instant messaging and no value for cooperation."
Liu Chuanzhi frowned: "There is no value to talk about?
These days, I have been thinking about Lenovo's way out. Although Lenovo's business is still growing, I can't hide from you, and the performance growth rate has begun to decline.
In the field of e-commerce, and exclusive cooperation, I feel very suitable for the current Lenovo.
The name of OPPO phone is unknown, and after working with a distant place, the performance has exploded ... "
Liu Chuanzhi said very sincerely, and also said that Lenovo has much more influence than OPPO and has the value of cooperation.
However, several people in Li Dong are interested, but the old man is still a little old.
Li Dong is for all users, and cooperation with OPPO, it is only temporary, how can it be exclusive cooperation with whom.
Exclusive cooperation, of course, Lenovo will benefit greatly, Li Dong they have limitations.
The old man thought about this, and few people would agree.
Seeing their attitude, Liu Chuanzhi sighed, a few little white-eyed wolves, brother, I take care of you so much, I can't take my hand.
He shook his head, and the old man didn't talk about it anymore. It had to be resolved from Lenovo's side. If the root problem was not solved ~ EbookFREE.me ~ The old private brother in the past may really be falling.
...
Several people chatted for another half day, and everyone was busy too, and had no time to stay in Pingchuan.
Everyone has booked a ticket, so I have to go back in the afternoon.
When sending them out of the club, Li Dong suggested: "Our distant fleet is about to make its maiden voyage tomorrow. If a few of you don't mind, you can actually wait another day.
At that time, I will you back with the fleet. "
Everyone is deaf to it, uncle, you are a freighter!
Our head is flooded, let you take us back with a cargo plane?
Li Dong sighed: "I will not cherish saving you the airfare.
By the way, the route of our first voyage is confirmed. After the sky over Lin'an, Lao Ma, I will come back and give you a surprise. "
Ma Yun said with a black face: "Thank you, but keep it for yourself!"
Also, next time you run against me, I won't be so polite as today.
You do n’t need to talk nonsense. Before May, we got things done. We are all reliable people. On your side, although it sounds good, we wo n’t wait for you if you lose the chain. "
"Oh, let's see who is fast.
Our target audience has been selected and we can get it right away.
Thank you very much for this matter, for providing me with convenience. "
Li Dong thanked me, but Ma Yun was frowning. What convenience do I offer you?
This guy, talking often foggy.
Too lazy to take care of Li Dong, Ma Yun went straight out.
When Li Dong stopped sending it, Ma Yun whispered: "You still go to war with him?"
Before, before talking about this matter, Ma Huateng said that he would go back to the distance to fight.
But at this time, the situation has changed.
Ma Huateng frowned: "Wait, wait until May."
Ma Yun didn't say anything, several people got on the car and left.