March 6th.

Originally, Li Dong was going to meet the two guards of Lao Du today, but early in the morning, Bai Su called and Cao Jinsheng was back.

Since the establishment of 18 subsidiaries not long ago, Cao Jinsheng has begun to transform from the president of the business group to the general manager of the subsidiary.

Although Yuanfang Financial Co., Ltd. is not a famous domestic company now, it is definitely not an existence that can be ignored.

Since Li Dong took the banner of Internet finance at the Internet Conference in 2008, and with the central bank issuing Internet payment licenses, this series of changes means that the Internet finance industry has been on track.

If it is properly adjusted, it does not mean that Internet finance has become the mainstream of the financial industry.

At present, none of all IT giants have been involved in the fund industry.

But with the emergence of the term "virtual currency fund", now, Yuanfang, Alibaba and Tencent have begun to contact fund companies.

Compared with the other two companies, because Li Dong selected a partner in the long distance in advance, the negotiation progress was actually the fastest.

...

When Li Dong arrived at the company, Cao Jinsheng was already waiting in Li Dong's office.

When Li Dong entered the door, Cao Jinsheng was not in a hurry to speak.

After Li Dong took off his coat and Bai Su came in, Cao Jinsheng said: "Mr. Li, the cooperation plan with Tianhong Fund has been basically completed."

"Show me the documents."

Cao Jinsheng quickly handed over the documents in his hand.

Li Dong glanced at it, looked up and asked, "Is Tianhong's scale big or small?"

He is not a professional and doesn't understand these things very well.

But the first page of the document is the scale of Tianhong Fund's managed assets.

As of February 2009, the total managed funds of Tianhong Fund were 4.2 billion.

This number seems to Li Dong to be too weak.

He actually didn't understand this industry, but Li Dong knew that shortly after Yu'ebao appeared in later generations, the management scale of Tianhong Fund exceeded 500 billion, and then it soon exceeded one trillion scale.

Compared with the current 4.2 billion, it is simply incomparable.

However, as one of the few fund companies that have obtained public fund licenses, Tianhong Fund cannot be so weak no matter how weak it is.

What does this mean?

This shows that the entire industry should not be large at present.

As expected, Cao Jinsheng immediately said: "The scale is relatively weak, but it is not the weakest. The key is that China does not recognize the fund financial management model very much.

Especially since 2008, the stock market has fallen sharply, and some stock fund companies have suffered serious losses.

This also caused a slump in the entire industry.

At present, the number one Huaxia Fund has only nodded with assets under management of 200 billion.

The second E Fund Fund is less than 150 billion.

Of course, compared with these fund companies, Tianhong is still very weak.

The key is that our purpose is to acquire backdoors, and public fund licenses are not easy to obtain at present.

If we prepare ourselves, it will be very troublesome.

It is still worth investing in a public fund company with a small scale, a low reputation and a deep background.

Mr. Li’s vision is super-superior, and other public fund companies are hard to control even if they are stronger than Tianhong.

Tianhong has better control over those fund companies."

Li Dong smiled and said nothing, and continued to read the documents.

Seeing the end, Li Dong looked up again and said, "220 million? Is it high or low?"

According to the initial agreement reached by both parties, Tianhong's registered capital is currently RMB 100 million.

And here in the far side, invested 220 million yuan and subscribed for a registered capital of 105 million yuan.

This is considered to be capital increase and share expansion. After the capital increase, the total registered capital reached 205 million yuan, and Yuanfang holds 51.2% of the shares.

Of course, registered capital does not represent total assets or net assets.

It seems that the distance spent 220 million to increase the registered capital of 105 million, but it seems that it has lost more than 100 million. In fact, the account is not calculated in this way.

The reason why we did not purchase equity or invest directly, but increased registered capital is also a policy requirement.

This kind of fund company is more suitable for controlling shares in this way.

Cao Jinsheng immediately said, "A little inflated, Tianhong has not made any profit in recent years, and there are not many fixed assets added, nor many intangible assets.

The key is the public fund license and the time we require now.

Tianhong also promised that the China Securities Regulatory Commission would overcome this level and strive to pass as quickly as possible.

And all the issues about the launch of new funds will be left to them to deal with, and they will definitely be guaranteed to pass the review."

Li Dong smiled and said, "It's not big in scale and not small in tone. It seems that it's different if you have the government as your backer."

At this time, Tianhong had not yet introduced Jun Zheng, but was still the original three major shareholders.

Weapon Finance, Tianjin Trust, and Zhangze Electric Power are the three original shareholders of Tianhong Fund.

Now, Li Dong entered and obtained a controlling stake in Tianhong Fund for 220 million yuan, and the three companies did not have much opinion.

On the one hand, Tianhong is now very small and has almost no profit.

On the other hand, Zhangze Power has been asking for withdrawal last year, and the other two companies are not very interested in taking over. Li Dong is here now, just right.

Of course, when we came from afar, Zhangze Electric suddenly changed its mind again and did not retreat!

Of course, there is no idea about this far away.

No matter how despised the other two families despised them, they could not really drive each other away.

If they were to do so, they wouldn't quit.

Although this guy Li Dong is not very polite to state-owned enterprises, his ideas for making money are real, and he must make money every time, without exception.

Now that the distance chooses to enter Tianhong Fund, there must be some action.

If you work with Li Dong, you might make a big profit.

State-owned enterprises are also enterprises. No enterprise does not want to make money. If you really don’t want to make money, what are the major military groups still setting up weapons finance?

And who is the one who can make the most money in China and even the whole world now?

Li Dong!

So when Yuanfang talked about holding shares this time, it was quite relaxing.

If it were an ordinary person, unless it was really impossible to maintain it, it would be so easy to agree to be controlled by foreign capital in just a few days.

220 million, which is still within Li Dong's acceptance range.

Not too much, of course, it's actually not low.

Although Li Dong often says billions or tens of billions now, it depends on the partner.

The most valuable thing about Tianhong Fund is actually their license.

If Li Dong really wants to get it, he may not be able to get it.

However, Li Dong had said before that getting a license is not the key, the key is to bind several common interests first.

Tianhong's three original shareholders have strong connections in the government.

Having them as shields can save Li Dong a lot of trouble.

As for how much money a fund company makes, Li Dong has never cared much about it. Just make money, the key lies in the controlled scale of funds.

Since Cao Jinsheng said that 220 million yuan was not a big loss, Li Dong did not go into it and immediately said: "Speedly sign the contract and implement the matter of controlling shares.

We have some trouble with this thing, let them do it, speed up.

Tell them that if you want to spend time with me, Li Dong, and if you don’t say anything else, you will definitely make money.

But, the premise is to listen to me!

There are some routines that don’t need to be used on me. There are so many fund companies across the country, so I don’t have to do with them.

There are many people who want to cooperate with me, Li Dong, and Tianhong does not have absolute advantages.

I just invested in Huaxia Fund, and the other party had no objection.

Today, March 6th and before the 15th, I will see that the contract will take effect officially.

We won’t come forward with the Tianjin State-owned Assets Supervision and Administration Commission and the China Securities Regulatory Commission, we will not come forward, they will solve all the problems.”

It is related to finance and state-owned assets, and must be approved by the local State-owned Assets Supervision and Administration Commission and the China Securities Regulatory Commission before the holding agreement between Yuanfang and Tianhong will take effect.

As for efficiency, it depends on the person.

In his previous life, Alibaba was almost dragged down because of efficiency issues. It took more than a year to complete the holdings.
To be continued...