Chapter 1442: Holding Tianhong

March 6.
Li Dong originally wanted to meet the two guards of Lao Du, but early in the morning, Bai Su called and Cao Jinsheng came back.
Since the establishment of 18 subsidiaries not long ago, Cao Jinsheng began to change from the president of the business group to the general manager of the subsidiary.
However, Yuanfang Financial Co., Ltd., although not well-known in the country, is by no means an ignorable existence.
Since Li Dong played the banner of internet finance at the Internet Conference in 2008, and then accompanied by the central bank's issuance of internet payment licenses, these series of changes have meant that the internet finance industry has been on track.
Being on track does not mean that Internet finance has become the mainstream of the financial industry.
At present, none of the IT giants has been involved in the fund industry.
But with Li Dong's term "virtual currency fund" coming out, now, Yuan, Alibaba and Tencent have all started to contact fund companies.
Compared with the other two, because Li Dong selected the partner in advance from the far side, in fact, the negotiation progress is also the fastest.
...
When Li Dong arrived at the company, Cao Jinsheng was already waiting in Li Dong's office.
Li Dong entered the door, Cao Jinsheng did not rush to speak.
After Li Dong took off his coat and entered Bai Suduan Tea, Cao Jinsheng said: "President Li, the cooperation plan with Tianhong Fund, is basically completed."
"Show me the file."
Cao Jinsheng quickly handed over the documents in his hand.
Li Dong glanced up and asked, "Is Tianhong's scale large or small?"
He is not a professional, and he does not know much about it.
The first page of the document is the statistics of the asset management scale of Tianhong Fund.
As of February 2009, Tianhong Fund's total management funds were 4.2 billion.
In Li Dong's view, this number is too weak and too weak.
He doesn't actually understand this industry, but Li Dong knows that soon after the emergence of Yuebao, the scale of Tianhong Fund Management exceeded 500 billion yuan, and then later, it exceeded the trillion scale.
Compared with the current 4.2 billion, it is simply incomparable.
However, Tianhong Fund, as one of the few fund companies that have obtained public fund licenses, seems to Li Dong to be as weak as it is.
What does this mean?
Explain that the industry as a whole should not be large enough at present.
Sure enough, Cao Jinsheng immediately said: "The scale is relatively weak, but it is not the weakest. The key is that China is not too recognizing the fund management model.
Especially since 2008, the stock market has plummeted, and some stock fund companies have suffered serious losses.
This also led to a depression in the entire industry.
At present, the number one Huaxia Fund has only managed to nod at 200 billion.
The second E Fund Fund is less than 150 billion yuan.
Of course, compared with these fund companies, Tianhong is still very weak.
The key is that our purpose is to backdoor, the public fund license is not very easy to get.
If we prepare ourselves, it will be very troublesome.
It is still worthwhile to invest in a public fund company with a small scale, a low reputation and a deep background.
Mr. Li's vision is that Superman is first-class. Other public fund companies, even stronger than Tianhong, are difficult to control.
Tianhong is better controlled than those fund companies. "
Li Dong smiled and did not speak, and continued to read the document.
Seeing the end, Li Dong raised his head again and said, "220 million? Is it higher or lower?"
According to the preliminary agreement between the two parties, the registered capital of Tianhong is currently 100 million yuan.
On the far side, it invested 220 million yuan and subscribed for 105 million registered capital.
This is regarded as a capital increase and share expansion. After the capital increase, the total registered capital reached 205 million, and the distant share accounted for 51.2%.
Of course, registered capital does not represent total assets nor net assets.
It seems that far away it took 220 million to increase the registered capital of 105 million. It seems that it has lost more than 100 million. In fact, this is not the case.
The reason for not directly buying equity or buying shares, but increasing registered capital is also a policy requirement.
This kind of fund company is more suitable for holding in this way.
Cao Jinsheng said immediately: "Slightly false high, Tianhong has not been profitable in recent years, and there are not many additional fixed assets and intangible assets.
The key lies in the public fund license and the time we now require.
Tianhong also promised that they would overcome this issue by the China Securities Regulatory Commission and strive to pass it as quickly as possible.
As for the issue of the launch of the new fund, all of them are also handled by them, and they are absolutely guaranteed to pass the review. "
Li Dong laughed: "The scale is not large, the tone is not small, it seems that there is a government to rely on, it is not the same."
At this time, Tianhong has not introduced Junzheng, and it is still the original three major shareholders holding shares.
Weapon Finance, Jinmen Trust and Zhangze Electric Power are the three original shareholders of Tianhong Fund.
Today, Li Dong entered and obtained a controlling stake in the Tianhong Fund at a price of 220 million yuan. The three companies did not have much opinion.
On the one hand, Tianhong is now very small and hardly sees any profit.
On the other hand, Zhang Ze Power has been mentioning the withdrawal last year. The other two are not too interested in taking over the market. Li Dong is here now, just right.
Of course, from afar, Zhangze Power suddenly changed his mind, and never stopped!
In this regard, naturally there is no idea from afar.
The other two despise contempt, and there is no way to really drive the other away.
In exchange for them, they will not quit.
Although Li Dong is not too polite to state-owned enterprises, his ideas for making money are mostly true, and he must make money every time, without exception.
Now that the distance chooses to enter the Tianhong Fund, there must be a move.
Doing it with Li Dong may make a big profit.
State-owned enterprises are also enterprises. No company wants to make money. If they really do not want to make money, what other military groups have set up weapons finance?
And domestically, and even the world, who is the most profitable now?
Li Dong!
Therefore, it is relatively easy for Yuanyuan to talk about holding shares this time.
Switch to ordinary people and ordinary enterprises, unless it really can't be maintained, otherwise, it would be so simple to agree to be controlled by foreign capital in a few days.
220 million is still within Li Dong's acceptance.
Not too much, of course, it is not low.
Don't look at Li Dong nowadays often say billions to tens of billions, but that also depends on the object.
Tianhong Fund's most valuable asset is actually their license.
If Li Dong really wanted to get it, he wouldn't get it.
However, Li Dong said earlier that obtaining a license is not the key, but the key is to bind several stakeholders.
The three original shareholders of Tianhong are very strong in the government.
Having them as shields can save Li Dong a lot of trouble.
As for how much money the fund company makes, Li Dong has not paid much attention to it. The key is to control the scale of funds.
Since Cao Jinsheng said that 220 million is not too much loss, Li Dong did not delve into it, and immediately said: "Sign the contract quickly and implement the holding.
This stuff, we have a little trouble, let them do it, speed up.
Tell them to mix with me, Li Dong, let alone say, make money is sure.
However, the premise is to listen to me!
There are some routines that I do n’t need to use on me. There are so many national fund companies.
There are many people who want to cooperate with me Li Dong, Tianhong does not have an absolute advantage.
I just invested in the ChinaAMC Fund, and the other party has no opinions.
Before March 6th and 15th today, I want to see the contract formally take effect.
Jinmen SASAC and the China Securities Regulatory Commission, we will not come forward, they will all be resolved. "
As far as finance and state-owned assets are concerned, it must be approved by the local SASAC and the China Securities Regulatory Commission before the controlling agreement between Yuanfang and Tianhong will take effect.
As for efficiency, it depends on people.
Ali ’s despair in the previous life was almost delayed because of efficiency problems.
Li Dong will not be polite to them, if he wants to make money, then he can do his best.
Regardless of whether the state-owned enterprise is privately operated, it is not so comfortable just thinking about not working and counting money.
Cao Jinsheng quickly nodded and said, "I will call them immediately, and it will be completed on or about the 15th. The problem should not be too big.
Strive to complete the establishment of the fund model at the end of the month, as well as the matter of access to Wankao.
If all goes well, the balance of Yubao in May should be fine. "
Li Dong glanced at him and sneered, "Don't use the words" scramble "and" should "next time, I want absolute!
Even if you can't do it afterwards, that's your responsibility!
Don't be ambiguous with me anymore. Next, Far East Finance is the core key point for Far East Development!
If you, the master, are not sure, let Xian.
What I need is not a group of comrades who only shirk! "
"Understand, absolutely complete the task!"
Cao Jinsheng responded quickly, probably because he had little contact with Li Dong. He had made this mistake once.
Now being warned by Li Dong again, Cao Jinsheng is also a bit wary.
It didn't happen three times, and next time, it was not impossible for him to be kicked out by Li Dong.
The business of Far East Finance is the number one mobile terminal in Wankato. Immediately after Yuebao is launched, it is definitely a core business in the Internet industry.
Even the development of Yuanfang Industry, Li Dong also counted on this.
The CEO of his subsidiary, hope that his reputation overshadowed Liu Hong, is hopeful. If he was kicked out at this time, it would be a tragedy.
"Just know, go busy."
Li Dong said again and again: "Is there any problem with funds?"
Cao Jinsheng immediately said: "Slightly a little trouble, the key is not this, but we are now promoting offline payment business, burning money every day.
Moreover, in the early stage, we have also reduced fees for merchants, with little surplus.
At present, it is not enough to make ends meet. General Manager Liu and General Manager Yuan made a report two days ago. The Group is trying to raise funds. "
In the early stage of the Internet industry, money was burned.
Promotion, layout, operation, infrastructure projects all need money to support.
Before Wancao was profitable, it was not profitable even if a lot of money was deposited.
The previous part of the deposited funds also has interest, but this interest is currently used by Li Dong as a user balance transfer and withdrawal fee for settlement.
At this point, the supervisory department said nothing.
The previous interest cannot be used from afar, they cannot use it, and they all put it in the bank to eat interest.
Right now, the user benefits, the bank benefits, and the remote side also benefits. It is the best of all worlds, so the remote plan was put up and was quickly approved.
Interest has gone, advertising revenue is currently small, promotion is currently mainly free, and Wanhuan is really not profitable.
Now we are starting activities again to promote offline payment business, and this funding gap is not low.
Li Dongwen Yan frowned slightly and thought for a while: "Tencent's first-billion-dollar funds will arrive immediately.
For the time being, the money should be used up, it should be enough.
You go to General Manager Yuan and just go back and ask me for approval. "
Cao Jinsheng was overjoyed and quickly said: "Okay, I will do the plan right away."
"Go."
...
Cao Jinsheng was sent away, and Li Dong was slightly relieved.
The matter of the fund company was solved.
After completing the holding, wait for Yu'ebao to go online.
Of course, as for how to promote, how to do risk management and control, how to establish a credit system, and how to operate funds, this is all a matter of the back, and Li Dong is too lazy to consider these for the time being.
Earnings below 10% are actually not difficult.
For fund companies with large amounts of funds in hand, as long as they do not pursue high rates of return, whether it is a central bank bill or a large fixed-term transferable certificate of deposit, or some low-risk bonds ...
Investing in these projects, dare not say that it is not difficult to be much higher than the bank interest.
Li Dong is not really in order to make much money for the fund company. He didn't mean this, as long as the risk is small and the income is ok, it is enough.
The key is still to absorb more funds so that the distant place does not have to worry about money every time.
In the recent period, many projects in the distance have been affected. The key is that the funds are not enough.
Otherwise, Li Dong has already begun to operate on a large scale.
Cao Jinsheng had just left, and Bai Su came to the door to report: "President Li, President Qi is back."
"Let her come in!"
Li Dong stopped talking and stood up. After a while, Qi Yunna walked in.
As soon as she entered the door, Li Dong said: "I'm straightforward, the manager of the department store, if you don't do it, then I will immediately determine the new candidate.
Now the group has a lot of things, and the department store business is also our main business, which cannot be delayed any longer.
If you still want to stay in North China, that line, you will be the President of North China Department Store.
In North China, the president of Gome North China, the president of Far Technology North China, and the president of North China Logistics Far East ...
Business is fully cut and refined, and you are no longer the only helm in North China.
The president of the department store's North China district has a tentative level of 6. "
Sentence level 6 makes Qi Yunna's face change slightly.
In Yuanfang Group, senior executives are the 7th level and above.
Level 6 can only be said to be middle management.
At present, after Li Dong has made a reform, Yuan Chengdao is the only level 10 at the rank of the far side, and the remaining directors are all at level 9.
Next, the CEO of the sub-group and the directors of some important departments of the headquarters are set at level 8.
The CEO of the subsidiary is at level 7.
The deputy general manager of the subsidiary and the general manager of the subsidiary region are downgraded to level 6.
Prior to this, Qi Yunna's rank was even once set to 8 and later adjusted to 7 level, but regardless of how, they are all group executives.
Now she has no position to become the CEO of the subsidiary, she still maintains the rank of 7, but her real power has greatly increased.
Otherwise stay in North China, downgrade to middle management.
The meaning in Li Dong's words is obvious, and no special cases will be made for her. It should be several levels.
At present, the only group that can enjoy special treatment is Wang Yue.
Although she is temporarily in charge of Gome, in fact, her rank remains at level 9, and she has not been lowered.
But Wang Yue is a special case. She previously served as group vice president and member of the board of directors. Going to Gome was ordered to be in danger instead of being punished for making mistakes.
Qi Yunna took a deep breath and said after a while: "Mr. Li, I still want to stay in North China."
Li Dong glanced at her, and said after a while: "OK, you can go to Chen Lang to report and wait for the general manager of the department store to take office. In the future, you can go directly to report there."
The regional general manager of the subsidiary is obviously not qualified to report directly to Li Dong.
Not only can you not find Li Dong, but Chen Lang can be considered a leapfrog.
Qi Yunna insisted that Li Dong did not dissuade him.
Li Dong doesn't matter whether he is obsessive, persistent, or shows.
He gave Qi Yunna a chance, Qi Yunna gave up on his own, and he couldn't force it.
Although he also wants these veterans who are playing the world with him to take a higher position, he also hopes that Qi Yunna's heirs can go higher.
But Li Dong won't force him, everyone has his own choice ~ EbookFREE.me ~ Qi Yunna said nothing, and nodded gently: "Mr. Li, then I won't disturb you, let's go."
"Go."
Li Dong said something, and when Qi Yunna walked to the door, Li Dong suddenly said, "I heard that you are divorced?"
"Ok."
"Sorry."
Li Dong said sorry. Outsiders might be baffled when they heard that. What did Qi Yunna divorce and Li Dong do?
But there are some things that Li Dong really feels sorry for.
Why did Qi Yunna divorce, he didn't want to delve into it, but just felt apologetic, then he would say sorry, this is his heartfelt thought.
At this time, Li Dong did not need to cover up.
Qi Yunna said with a chuckle: "Mr. Li, this is my private life. It has nothing to do with you. You need not say sorry.
Perhaps this is also a relief for me. "
"hope so."
Li Dong smiled and said nothing.
Qi Yunna did not stay any longer, opened the door and left.
After Qi Yunna left, Li Dong pondered for a while, then called Bai Su into the door: "Notify Chen Lang, the general manager of the department store is determined to be Zhang Mingduo, the general manager of North China Qi Yunna, and the general manager of Shanghai City Chen Ying was promoted to the general manager of East China.
Didn't they say that they are the two sisters of distant retail?
Yes, now give them a fair stage contest. I would like to see if the elders who follow the distance are stronger, or the elite trained by Carrefour is stronger.
For the department store business in East China and North China, you remember to give me all the statistics this year, and remind me by the end of the year. "
Bai Su responded, but hesitated.
At the end of the year, she might not be here.
But now that he wants to change his post, it coincides with the company's busiest time. Don't mess up with Li Dong. It's not too late to go back and talk about it.