Netizens are looking forward to Li Dong's return, while Li Dong is spending his honeymoon while starting to prepare his own plans.

Yuanfang Group, after years of development, many things have not kept up.

However, in the fierce competition environment, most things are filled in the competition.

The development of an enterprise will ultimately be attributed to the two points of talent and capital.

Without these two points of support, no matter how good the creativity is, it will eventually become a tool for others to make money.

Nowadays, in terms of talents, the long-distance field has been constantly leveraging corners, constantly recruiting socially, and cooperating with some universities and government agencies to establish talent training bases, and a group of reserved talents have begun to take up their posts.

In the end, the factors that limit the development in the distance have returned to the starting point.

money!

In fact, there is no shortage of money in the distance, hundreds of millions or billions. Sometimes, for the distance, the group can replenish blood by just a period of accumulation.

But for groups like Yuanfang, especially when Li Dongzi is very ambitious, hundreds of millions and billions are no longer enough to meet Li Dong's needs at this moment.

Even tens of billions of dollars of funds are sometimes unable to support Li Dong today.

After obtaining the consumer finance license, Li Dong reminded him of how the leverage ratio of lending companies was generated.

The so-called leverage ratio refers to the fact that these companies that have obtained micro-loan licenses and consumer finance licenses have issued several times or even dozens of times the amount exceeds the registered capital.

Just like Yuanfang Finance, this time it has increased its registered capital to 2 billion.

In other words, Yuanfang Finance’s actual cash stock is only about 2 billion yuan, so how can it release hundreds of billions of loans through this 2 billion yuan of cash?

In the past life, Ant Financial's registered capital was not as high as Far East Finance at the beginning. It had more than one billion registered capital, and it released hundreds of billions of loans, and then it had hundreds of billions of loan balances.

This means that Ant Financial can’t let go of the money.

The other party's actual registered capital is only one billion.

Where did the extra hundreds of billions of funds come from?

This money is actually not Yu'ebao's money. Some of it may be, but it is not directly transferred to Ant Finance through Yu'ebao.

All of this money is financed.

Unlike traditional equity financing and bond financing, it is a new international financing channel, abs financing.

The concept of abs actually appeared not too late. It was an international concept in 1998, and China also implemented it in Shancheng in 1998.

Generally speaking, it is to use the project's expected future returns and its own fixed assets as a guarantee, and attract investors from all over the world to invest and finance.

Nowadays, ABS has raised the most funds in government infrastructure projects.

Like a highway, high-speed railway, and Yangtze River Bridge, it may be used by the government to raise funds and absorb social funds.

The price is to guarantee future tolls, operating expenses and the project itself.

The government does not have to pay the debt, spending decades to repay the debt, and then nationalizes the infrastructure.

This method was actually used in social infrastructure projects a long time ago. Of course, it was not called abs before.

In his previous life, most of the hundreds of billions of cash in Ant Financial were financed through ABS.

Using the loan income and interest as a guarantee to absorb international funds, there may not be many investors at the beginning, but when Ant Finance gets on track and has considerable returns, many people will invest.

This even includes some government agencies.

Government agencies use employee pensions, social security funds, unit trusts, mutual funds, medical insurance... to make investment returns from these funds, which are normal and legal and compliant.

The social security and medical insurance paid by employees and units, and the government cannot just leave it there.

It is natural to be optimistic about some projects and invest.

Of course, government funds are generally mainly based on social infrastructure projects.

Some foreign railway paving, bridge construction, and energy projects are all government investment goals.

Of course, not all investments in these countries. Foreign bonds and large-scale bills are also the targets of government investment.

In short, they are all based on stability.

The projects financed by ABS are generally relatively stable, with social infrastructure and energy projects as the main focus, and the financing companies involved are generally mainly industrial.

This is a fact that the industry is not easy to raise funds.

However, with the popularity of ABS financing, some industrial giants can also use some means to package and beautify their corporate projects and carry out ABS international financing.

And there is no need to divide the equity, just repay the investor's interest and principal.

Because there are many investors involved in abs financing, it is actually a disguised reduction in risks.

Originally, a company needed tens of billions of financial support, but at this time, the financing parties were generally limited to a few, which looked as if dozens of them were amazing.

After all, there are too many companies involved, and the equity is in chaos and there are too many messy troubles.

At this time, the participating companies are actually very risky, with funds often costing tens of billions of dollars.

The risks of adopting ABS financing are much smaller, and the companies and individuals participating may end up reaching tens of thousands.

From a formal point of view, abs financing is actually somewhat similar to social financing.

However, the main body of the abs project exists in reality and is guaranteed by assets, which is much less risky than the individual fundraising in society.

...

This time, Li Dong had obtained a consumer finance license and thought of abs financing plan.

He doesn't want to continue to divide the equity in the distance. If he makes a loan, it will be less than 10 billion yuan in the bank, and there will be hope for even hundreds of billions of yuan.

But no matter how many there are, the bank is not owned by his family, so how can he borrow unlimitedly?

If you don’t want equity financing or loans, you can only use ABS to split and package some of the projects under Yuanfang, and then carry out ABS financing. This is what Li Dong thinks.

Yuanfang Finance now has a business license in this area.

Projects in the distance can actually be raised online, which is somewhat different from self-financing.

If the society does not absorb much money, then Li Dong can invest the funds absorbed by Yu'ebao into the ABS field through Tianhong Fund.

This avoids some policy issues.

Therefore, it is actually guaranteed to take ABS financing in the long distance.

Even if you don’t go through ABS, a financial company owned by Yuanfang, Li Dong can find some special guarantee companies with deep foundations internationally to conduct ABS financing.

There is no need to pay too much in the distance, just use the project's assets and future returns as guarantees.

As long as someone is optimistic, there is no need to pay an extra penny in the distance except interest.

This is much more convenient and simpler than taking your own assets and taking mortgage loans.

The final equity will not be dispersed, which is one of the main reasons why ABS financing methods have become more and more popular internationally in the past two years.

...

In the hotel.

It was already dark outside.

Li Dong and Shen Qian went to the beach during the day and basked in the sun for an afternoon.

After returning to the hotel and after dinner, Li Dong began to make his own preparation plan.

No matter any financing plan, there is no perfect plan, no project subject that can touch people's hearts, and no one else is a fool, so naturally he will not pay for it.

Now, the main body of this project is still under Li Dong's plan and has not actually been created, so he can only do this job himself.

While thinking hard, Li Dong knocked on the table with his pen holder, and occasionally added a few words to the plan in front of him.

At some point, Chen Qian brought the milk into the door and whispered: "Drink a glass of milk first. I have to accompany me everywhere during the day. When I come back to work at night, I will be tired. I feel tired even when I see you.

If you are too busy, we will go back to Pingchuan tomorrow.

In fact, the scenery outside is just like this, it is not as good as our East Garden."

Li Dong took the cup and smiled and said, "Can that be the same? This is the sea, and our house is a small pond, which cannot be compared.

Besides, I'm not tired either.

These days, there is nothing to do, the main thing is to make a plan.”

Seeing that Chen Qian wanted to speak but stopped, Li Dong put down his pen and smiled: "Actually, it is the plan that Yuan Chengdao and others had proposed before.

Didn’t I say last time, let them investigate the current status of the global retail industry?

Yuanfang Retail has now achieved its dominance in China. If we want to dominate, the only thing we can do is to defeat several other giant retail companies.

But even if we were defeated, we were still struggling in China.

If we really want to catch up with Walmart in the distance, we may do it simply by relying on revenue, but our actual influence is incomparable.

Therefore, if you want to achieve this scale and your influence will increase sharply, you can only be globalized and internationalized!

And what is the premise for all this?”

"funds."

Seeing that he finally told her this, Chen Qian felt much more relieved and sat down next to him and said, "Now I want to be globalized and internationalized, I need too much money.

You don’t want to penetrate slowly, but you want to occupy a certain market share as soon as you enter.

In this case, only by acquiring some local giant retail companies can it be achieved.

But this is a country layout, but like China, it is a county town and a prefecture-level city.

In a country, enterprises with a certain market share will often be billions or tens of billions once merged and acquired. What I am talking about is US dollars!

Although Yuanfang is making good profits now, it is not enough to support this plan.

When you said it before, Senior Brother Yuan and the others thought it was a fantasy, and that's all.
To be continued...