Cai Ruiheng and Tao Chengren rushed from Shanghai to Hangzhou at 8 o'clock in the morning. They were still a little excited about being able to cooperate with Ali.

"Mr. Cai, how about Africa? I see the photos you posted on social platforms. You seem to have close contact with the lion." In the living room of the suite, Chen Fang took out a bottle of whiskey and poured two cups for them. Looking at Cai Ruiheng, who was dark-skinned, he couldn't help but tease: "I guess you came back from South Africa by plane, and many people thought you were an African tourist and came to China."

Cai Ruiheng laughed at himself: "You can't say anything. When Yingzi and I got off the plane in Yangcheng, a taxi driver asked me where I was from Africa."

Then Cai Ruiheng asked his assistant to hand over a gift box and handed it to Chen Fang himself: "This is a wood carving work I bought from an African tribe, and I happened to bring it to you today."

Chen Fang opened the packaging box and there was a wood carving figure inside. The freehand technique was made. The eyes were small holes poked casually, the mouth was carved with the help of the opening of the log, and the nose was twisted into a simple geometric shape. It did not seek the realistic appearance, and did not emphasize the details. It looked very casual and simple in part. However, overall, it revealed a lively and fresh inner sense of life.

"What a work of art, thank you." Chen Fang looked at it carefully, then wrapped it again, and then began to discuss with the two of them how to deal with Ant Financial's financing demands.

Tao Chengren turned on the computer and showed the collected information to the two: "I'll understand the equity structure of Ant Financial. In fact, its main shareholders are Hangzhou Junhan Equity Investment Partnership and Junao Equity Investment Partnership. These two companies already occupy 75% of Ant Financial's equity and already have absolute voice."

"All the shareholders of these two companies are LP investment shareholders, and only Yunbo Investment Consulting Co., Ltd., which is 100% controlled by Mr. Ma, is a GP shareholder. However, Yunbo Company holds less than 0.2% of the shares of the two companies. In other words, Mr. Ma can control this potential Ant Financial with 0.2% of the shares."

Chen Jie couldn't help but nodded: "This is the embodiment of Teacher Ma's personal charm. These two companies are similar to private equity funds. Most of the LP shareholders are employee stocks of Ali, who have no right to speak, plus financing from Hangzhou Zhejiang Business District. These companies have great confidence in him and invest in these two companies under his jurisdiction." Chen Fang was still very impressed by Ma Yun, sighed and continued to ask: "What about the remaining 25% equity owner of Ant Financial?"

"At present, they are basically Huaxia state-owned investment institutions located in Hangzhou. These are also limited partners. Guoyuan Guokai, Tianhong Fund, Huaxia Life Insurance, etc., which hold the largest shares, have less than 10%. The remaining 15% are shareholders who are preparing to recruit from the outside."

Cai Ruiheng said to Chen Fang: "According to Ant Financial's current valuation of foreign financing, it is about US$30 billion, and this part of the equity needs to be about US$5 billion."

"The value of Alipay alone is more than US$20 billion." Chen Fang nodded and said to Cai Ruiheng: "I currently have about US$2 billion in remaining funds, and I can get about 6%.

"Mr. Chen, I have a suggestion." Cai Ruiheng looked at Chen Fang and said uncertainly: "We Wild Fox Investment has always maintained our independence in the United States and never accepts external fundraising. However, what we invest in is basically emerging companies in Silicon Valley, most of which are used as angel investments. Thanks to Mr. Chen's accurate vision, we can develop to this scale."

"You are too proud." Chen Fang shook his head embarrassedly. Only he knew the secret to his success. However, as time went by, the hurricane incited by his butterfly had an increasingly greater impact on the world. The world is changing. The future is now unknown, and the challenges are gradually increasing.

Cai Ruiheng continued: "My idea is that the outside world is very optimistic about all projects of Wild Fox Investment. There have been many investment institutions in Shanghai that want to invest in our company. We will not accept dilution for the time being. However, I suggest adding private equity channels. In the past two years since I returned from the United States, I have truly realized that there are so many rich people in China now. If our Wild Fox Company opens private equity channels and uses the accuracy and return rate of our investments, we will definitely be a world-class investment company like Sequoia, SoftBank, and Temasek."

Hearing Cai Ruiheng's suggestion, Chen Fang fell into deep thought. He had always had ideas about establishing an investment company, and even the company's structure had been considered. However, he never agreed to open up financing channels, just because he was afraid of releasing the tiger. The angel investment he used to operate in the past was small to make big profits, and as long as he could have a precise vision, he could obtain huge returns. Even if he lost money, it would not hurt the body. Just like Chen Fang's self-deprecating, he was speculative rather than investment.

However, private equity fund investment is not the case, because capital is greedy. If we use the current investment return ratio of Wild Fox Company, it will definitely absorb a large amount of idle social funds. According to the wealth of Jiangsu, Zhejiang and Shanghai, this amount will definitely be terrifying, and even the disposable funds will reach tens of billions of dollars within a few years. The market share that can be leveraged by this fund is an astronomical figure. Chen Fang really doesn’t have much confidence in how to control this fund.

Although he was a human being for two lives, Shen Fang was still a person with more emotional than rationality, and he would inevitably feel fear of uncontrollable affairs. He was reborn in this life and had no worries about food and clothing. What he pursued was family affection, love and a plain life. If he was asked to calculate the investment income ratio every day, always pay attention to national policy adjustments, domestic and international situations and calculate capital income, then it would be better to let him die.

But Chen Fang knew that Peter Humphrey, who was hated from Wall Street, Cai Ruiheng, who was laid off by Morgan Stanley, and even Tao Chengren, who resigned because of his depression in the China Securities Regulatory Commission, all had this desire and ambition in their hearts, hoping to seize the opportunity of China's rise and rise and fulfill their ambitions. Because of Chen Fang, they were all suppressing them. In addition to part of the reason, they were relatively satisfied with their current life, but more of a kind of gratitude for Chen Fang to help them over the years.

Chen Fang looked at Cai Ruiheng who was a little nervous in front of him, picked up the bottle and poured him a glass of whiskey. Some things were at the right time to make changes: "I want to split the Wild Fox (Huaxia) Investment Company into a holding group company and an investment consulting company. All the existing assets and previous investments of Wild Fox Company are classified as owned by Wild Fox Holding Group, and all of you hold the equity remains unchanged." You cannot suppress all the chips, because this is to leave a way out for everyone.

The two did not interrupt and asked Chen Fang to continue to finish the topic: "In addition, we will establish the Wild Fox Investment Management Consulting Company, which will carry out fund custody business, and this company will be responsible for all investments in the future, including all projects under negotiation. The investment principle of American companies is inconvenient, while Huaxia Company will mainly carry out angel investment in the primary market, as well as PE investment (equity investment) that you and Peter are good at. The investment targets will be given priority to new energy and medical and health industries."

Seeing that Chen Fang agreed to carry out investment companies to raise funds from abroad, Cai Ruiheng was very excited. He had been engaged in the financial industry for many years and keenly realized the opportunity for taking off China due to policy dividends. Now that Shen Fang agreed to carry out investment business, it would provide them with an opportunity to show their ambitions.

Chen Fang continued to say to several people: "The registered capital of the new investment company is US$500 million, Wild Fox Holdings occupies 40% of the shares, and Qin Mohan and I hold 10% of the shares respectively. As compensation for the shares of the original investment company, Peter and Mr. Cai hold 7% of the shares, Linda hold 6% of the shares, Lao Tao holds 5% of the shares, and the remaining shares are preferred to absorb the employees of the Wild Fox Company. Regarding personnel appointments, Wild Fox Capital will be the chairman, General Cai serves as executive director, and Huo Mingda serves as CEO. Wild Fox Investment will also be the chairman, Peter serves as executive director and CEO. I will nominate Mr. Cai as COO (Chief Operating Officer), and Manager Tao serves as CFO (Chief Financial Officer). In addition, Qian Bin will be my assistant and transferred to the investment company to be responsible for investment supervision and logistics. He will hold 2% of the shares, and the investment company will be led by you."

"Wow, if you say this, we are under a lot of pressure." Tao Chengren didn't expect that Chen Fang would give him so many shares and rights. He was no better than Peter and Cai Ruiheng. Even Linda was an assistant who had followed Chen Fang for many years. He had only been joining the Wild Fox Company for more than a year. Chen Fang's trust made him feel a little stressed.

"I believe in your personality. I haven't missed anyone with these eyes." Chen Fang pointed to his eyes and said to Tao Chengren: "Don't worry about operating funds. I will inject US$2 billion to be handed over to the investment company for custody and operation. I will communicate with the Shanghai Shen family and absorb idle funds from Shanghai enterprises and investment institutions. The funds controlled by the investment company in the early stage will be between US$5 billion and US$10 billion."

"So much money?" Tao Chengren asked in surprise, even Cai Ruiheng was a little surprised by the money.

"The pressure will be a bit too high." Chen Fang looked at Tao Chengren and said, "The three-year annualized rate of return of these funds is at least 10%, so it is possible to obtain more financial support, so it is time to test you."

At present, the national housing speculation is booming. The annualized rate of return of private equity funds in Wencheng's real estate speculation group has been promised to be more than 50%. This is a very scary thing. The bubble has accumulated a lot. If this bubble explodes, how many people will lose all their money. The annualized rate of return required by Chenfang is the normal rate of return of a private equity fund.

"No problem, we are still confident about this." Cai Ruiheng made a statement to Chen Fang. With the current economic development trend of China, there are not too many investment areas. Chen Fang proposed new energy and medical care and health care, while the logistics and express delivery industry is another industry that Cai Ruiheng is more optimistic about.
Chapter completed!