1988: Back to the human world for a few years

Chapter 550: Uneven IRR, how can you upgrade your industry? (1)

(I entered the last chapter, and was trying to follow the plot to push forward the foreshadowing that was laid more than 20 chapters ago, but as luck would have it, a big bomb exploded in the real world. This is my bad luck... Who can I complain to?)
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Xialiu Sales Agency has always been famous for its work efficiency. Therefore, after Yan Laoxi agreed to Yang Mo's request, it took only one week for him to successfully send out nearly two hundred "heroic invitations" and raise up to 3800 million in agreed funds.

Don't underestimate this 2800 million.

You have to know that according to the agreement, these funds are invested into the fund pool by those companies on a regular basis on a quarterly basis. That is to say, 2800 million will be invested every quarter, which means a total of 1.12 million in a year.

And you have to understand that this is just the beginning. There are still many companies in Dezhou and Lanling that have not received invitations. Even the villages in the "Hundred Village Support Plan" and a large number of related village collective enterprises did not participate in it at the first time due to some considerations.

But the participation of these enterprises is a foregone conclusion, and once the collective enterprises associated with these wealthy villages get involved, a chain reaction will gradually occur. Not to mention 300 million, even 500 million is not impossible.

Of course, as one of the most famous companies in DZ City, Xialiu Sales Agency’s big move could not be kept secret.

So, as expected, Yang Mo was soon invited to a meeting room in the office building that still looked very old-fashioned.

………………

"Boss Yang, we need a reasonable explanation!"

You Yakun's expression was serious and almost gloomy. He showed the thick report in his hand, and his tone was full of suppressed anger: "In just five days, the business accounts of more than 730 small and medium-sized township enterprises in Dezhou alone have experienced frequent fluctuations. These units have cancelled the originally promised medium- and short-term corporate deposits for various reasons; even a large number of their subordinates would rather take the risk of interest loss and withdraw a large number of long-term deposits of three years or more, or convert them into demand deposits."

"According to preliminary statistics, the total number of people involved in this fluctuation is more than 1.7, and it is obvious that this number will soar rapidly in the coming period!"

You Yakun knocked heavily on the table. His usual easygoing manner was completely gone. He was as sharp as a sword. "This has seriously hindered the bank branches' work of attracting deposits and greatly disrupted the orderly development of financial work in this region!"

At this point, You Yakun glanced at President Liu, who looked a little resentful, and then glanced at Ye Tao, who had no expression on his face, and Tian Guangyue, who was always smiling gently, and said with a hint of severity: "Boss Yang, although there is no official document in China to prohibit private lending, the incident of Carpenter Li in Wenzhou five years ago is not far away. You should know the organization's attitude towards large-scale private lending!"

"To be frank, the 2800 million yuan of funds absorbed by Xialiu Sales Agency has already involved violations!"

"If Mr. Yang cannot provide a reasonable explanation for this behavior..."

You Yakun paused for a moment, took a deep breath, and spoke in a deep voice with a hint of oppression: "I'm sorry, I can only punish Xialiu Sales Agency for disrupting the social and economic order, and report this matter to the organization!"

Although Xialiu Sales Agency is just a village collective enterprise and has no shareholding relationship with Dahua Company and Drilling Company, it can only be regarded as a peripheral company and business partner of Dahua Company at most; logically speaking, Yang Mo should not be the first one to be contacted about the things happening over there.

But everyone is not a fool. Although Xialiu Distribution Co., Ltd. did have a history of private lending in the past, this time the action was so large that anyone with a discerning eye could tell that this was not a relapse of their old ways, but that they were doing this at the instruction of Yang Mo... Although Yan Laoxi is now very famous, he is still far from the level where he can get more than 700 units to move within a week with just a call.

To be honest, only here in Texas, the person behind this matter is Yang Mo; if it were someone else, they would have avoided you long ago and settled the status at the discussion meeting first... As for what happens later, it depends on how you make up for it.

However, even if it is not convenient to bypass Yang Mo first, for You Yakun and Tian Guangyue, this is also a golden opportunity - they don't actually want to make a big deal out of it. As long as they can use this as an opportunity to make Yang Mo calm down a little and not be so reluctant to cooperate with them in future work, then everything will be worth it.

As for the feelings of a certain bank president named Liu who was caught in a disaster for no reason...

Oh, is it important?
In China, people have always emphasized "following precedents". With the handling opinions of Carpenter Li in Wenzhou in 1985 as a precedent, they don't believe that Yang Mo doesn't know the consequences if the matter gets out of hand, nor do they believe that Yang Mo, this little fox, doesn't know how to express his opinion and make choices.

But just when You Yakun felt that he had won, he saw Yang Mo looking at him innocently: "Mayor You, disrupting the social and economic order... Where did this come from?"

With his hands lightly crossed on the table, Yang Mo's expression was full of doubt and puzzlement: "The organization officially issued a document several years ago, requiring all localities to give full play to their subjective initiative, reasonably guide and improve the use of private capital, and contribute their own efforts to promote the economic construction and development of the local area."

"If President Yan was using the name of their company to collect money and defraud money, then it would be a serious disruption of the social and economic order and he should be severely punished and sentenced;"

"But they came forward as the Xialiu Sales Agency, inviting those township enterprises and collective enterprises that had business cooperation with them in the past to cooperate in developing new overseas markets. Not to mention that this task was entrusted by our Dezhou Urban Property Fund Company to help organize and handle it, and there is nothing wrong with it in legal terms;"

"Even if they didn't have our authorization, it can only be said that they had some omissions in their procedures. They didn't apply and report to the relevant departments in advance according to the procedures of the industry association or chamber of commerce...How can we say that this disrupts the social and economic order?"

Upon hearing this, You Yakun was not angry but happy. After exchanging glances with Tian Guangyue, his expression became more serious: "Boss Yang, what you mean is... your Urban Property Fund Company authorized Xialiu Sales Agency to raise funds from various units?"

In essence, Dezhou Urban Development Fund Company is still just a company; considering the empowerment of the times, it is at most equivalent to a public institution; so in this matter, if it authorizes a third-party company to absorb funds, the nature of the matter can be light or heavy.

Yang Mo naturally knew the other party's intention of asking this question. He glanced at the corner of his mouth imperceptibly, but the expression on his face became more and more strange: "Youshi, Dezhou is now a pilot city for the tax-sharing reform, and our Urban Property Fund Company is responsible for promoting the regional industrial upgrading experiment... So as long as it involves the use of funds in the big fund account or related work to promote regional industrial upgrading, we have the authorization qualification, what's wrong?"

The meaning of this statement is very clear. You should not regard our Urban Property Fund Company as an ordinary urban investment company. We are also responsible for promoting regional industrial upgrading. Regardless of whether it involves regional industrial upgrading, we have indisputable authority. As for you, the deputy monitor, Dezhou is already a pilot city for the tax-sharing reform with a strong experimental nature, but you are hesitant here... Aren't you a little unworthy of your position?
You Yakun couldn't help but twitch his eyes when he heard this, but there was a hint of suspicion in his tone: "Boss Yang, what you mean is... do you think that the fundraising behavior of Xialiu Sales Agency will effectively promote the industrial upgrading in Dezhou?"

Although the tone of this statement was one of seeking advice, the words used were extremely hurtful.

You have to know that whether you have this right is one thing; but whether you are abusing it is another. Indeed, as long as it is beneficial to the upgrading of local industries, the urban real estate fund company responsible for managing and operating the industrial fund account can indeed set them aside and conduct independent experiments; but the problem is that although the DZ city authorities are not convenient to intervene directly in this area, they have certain supervisory powers. If you do something indiscriminate, they can still report it to the province, and then the province will report it to the organization.

Therefore, the words "effectively promote industrial upgrading in Texas" are very important.

The implication is very clear. If Xialiu Sales Agency's actions can indeed convince people, then he has nothing to say; but if you, Yang, are just using the guise of industrial upgrading to use illegal means to expand your territory, then I'm sorry, don't blame me for suing you!
It's no wonder that You Yakun insisted on holding on to this point. Yang Mo's behavior was really too difficult to understand for people of this era.

You know, in the perception of almost everyone today, if we want to upgrade the industry, then the key and only key areas are cities and those potential enterprises within the city. After all, whether in terms of technology, equipment, social resources, historical accumulation, number of skilled workers, customer base channels, or even policy support, these enterprises are much stronger than those township enterprises and village collective enterprises.

The fund-raising by Xialiu Marketing Co., Ltd. was not simply fund-raising, but rather adopted a method of "taking from the people and using it for the people." That is to say, after the money was invested into the fund pool, it would eventually be used in township enterprises and village collective enterprises under the guidance of Dahua Company.

In this case, how can you make people believe that Xialiu Sales Agency’s actions this time will promote local industrial upgrading?

In other words, if the money is collected and invested in the enterprises in the urban area, even if there are violations in the process, You Yakun will pretend that he knows nothing and will not use this matter to cause trouble for Yang Mo.

Hearing You Yakun's understated but murderous question, Yang Mo glanced at the other pairs of eyes in the conference room that were also somewhat confused and uncertain, and sighed softly.

"Secretary Tian, ​​Mayor You, Executive Director Ye, Director Wang, and Director Liu... I think you all think that promoting the industrial upgrading of the entire region is too simple, and your view of the problem is a bit too one-sided."

Yang Mo's face was calm, but his calm and patient eyes made everyone feel uncomfortable: "Promoting the industrial upgrading of the entire region is not a simple policy issue, nor a simple technical issue, nor a simple sales issue... According to my understanding, it is a complex economic and ecological issue!"

"As for ecology, it's all about pressure difference, circulation, endogenous power, and a constant supply... The organization hopes that we can build a pool of vibrant water, or at least a self-sufficient pond, rather than a beautiful fish tank that can only be maintained by an electric motor!"

"No matter how beautiful the fish tank is, and no matter how clear the water is, once the power is cut off, the fish will immediately turn upside down due to lack of oxygen... Besides, we don't have that much electricity to continuously power the motor. Isn't this a difficult principle to understand?"

You Yakun naturally understood what Yang Mo meant by this, and nodded slightly with some embarrassment: "We all understand this truth, but what does this have to do with the topic we are discussing today?"

Yang Mo shook his head: "Of course it is related, and it is a big relationship."

After saying that, Yang Mo looked around at everyone, and finally fixed his eyes on Ye Tao, and smiled softly: "In the second half of last year, the entire Dezhou area was working hard to create a good business environment... Do you all remember this?"

Tian Guangyue nodded: "The reason why DZ City has been able to achieve such rapid economic development in such a short period of time is that Dahua Company has strong financial resources and endless creativity. On the one hand, the good business environment created by everyone is also a very important factor... Ye Changzhang has made an indelible contribution to creating a good business environment!"

"Speaking of which, everyone here, except Mr. Yang, should thank Mr. Ye. If it weren't for the good foundation that Mr. Ye worked so hard to build last year, we would all be in trouble now!"

As soon as Tian Guangyue spoke, everyone present responded with a smile, but Ye Tao's expression could not help but change.

Yang Mo saw everything, but ignored it. He just smiled faintly: "Now in this pond in Dezhou, there are rich organic matter deposited for decades at the bottom of the pond; there are aquatic plants that the organization has spared no effort to put in, there are already a large number of grass carp, crucian carp and snails that are hibernating, there are small fish fry specially put in by Dahua Company, and there is even the pond water that Ye Changzhang and his team worked hard to disinfect last year... It seems that everything is ready. Once the sun comes out and the temperature rises, it will be full of vitality."

After a slight pause, Yang Mo returned his gaze to You Yakun's face: "But in fact, the business environment of DZ City cannot be considered to be completely built. This pond ecology that seems to have everything ready but lacks the east wind still lacks a crucial link that is difficult to detect with the naked eye, that is... oxygen in the water!"

oxygen?

Everyone's mind flashed with what Yang Mo had described before: the goldfish in the water tank turned upside down, as if they had caught something, but at the same time, they had caught nothing.

"Boss Yang, what is this so-called oxygen?"

You Yakun frowned. He didn't like Yang Mo's guessing in such a formal occasion, so he asked directly (Yang Mo: Do ​​you think I'm willing? Crab claws are scary.)
Yang Mo shrugged: "IRR, which is the so-called internal investment threshold rate of return!"

"As I said before, industrial upgrading is essentially a complex economic and ecological issue. In most fields, economic issues are always driven by interests. If the IRR within a region does not meet the standard, it is like insufficient oxygen. The fish in the water will not be happy and may even die if they are not careful!"

At this point, Yang Mo leaned forward slightly: "So, the reason why our Urban Property Fund Company entrusted Xialiu Sales Agency to rely on their good mass base to raise private funds is to quickly increase the IRR in Dezhou!"

“If we don’t raise the IRR index in Texas, it would be a dream to promote the industrial upgrading of the region in all aspects!”

IRR?

Is Xialiu Sales Agency’s move aimed at increasing the internal investment threshold rate of return in the local area?

These words...

Why don’t I understand something?!

Everyone looked at each other, with a thousand question marks popping up in their minds.

(End of this chapter)