The wealthy entrepreneur: I want to support millions of employees!.
Chapter 701: Jintai Public Funding, ranked outside the top 140! Radicals!
Chapter 701: Jintai Public Funding, ranked outside the top 140! Radicals!
Su Yang perked up a little: "Then let's meet!"
Not long after, Chen Difei entered Su Yang's office. He smiled and said to Su Yang:
"Hello, Mr. Su!"
"Mr. Chen, please sit down!"
Su Yang asked Yu Chengjun to pour a cup of tea for Chen Difei. Without much greeting, he got straight to the point and said, "Mr. Chen, are you saying there is a good public fund company that I can buy?"
"Yes!" Chen Difei politely took the teacup from Yu Chengjun and said, "Shenzhen Hengshi Holdings is interested in selling 100% of the shares of its Jintai Public Fund Company. I think President Su should be interested!"
After these days of contact, Chen Difei roughly understood Su Yang's preferences!
He does care about a company's performance and size, but he cares more about whether he can control the company.
Sure enough, when he heard that it was 100% equity, Su Yang smiled!
“How big is this company? How much money will it cost?”
"There are more than 160 public funds in China, and this one ranks outside the top 140!" Chen Difei laughed helplessly. "It manages about 25 billion yuan in funds, and it seems to have made a small loss last year. Hengshi Holdings recently intended to sell off this public fund company in order to reduce its debt!"
"Like This!"
"Hengshi's requirements are not high, two hundred million is enough for the job!"
“What about debt?”
"There are about 10 million in debt!"
"Ok!"
Su Yang had a rough idea in his mind.
At this stage, it is not difficult to buy shares of public fund companies.
Competition among public fund companies is very fierce, and the Matthew effect is obvious.
The strong become stronger, and the weak become weaker!
The top five fund companies manage trillions of funds and make a fortune.
The fund companies at the bottom of the rankings may only manage tens, hundreds or even billions of yuan. They spend more than they earn and suffer continuous losses. It is normal for them to rely on transfusions from shareholders!
There is no way around it. The higher the company's profits, the stronger its publicity capabilities, the wider its sales channels, the more talent it attracts, and the stronger its technical capabilities. Even the star fund managers that others have worked so hard to cultivate can be poached!
Many fund companies have been auctioning equity in recent times.
Including some medium-sized fund companies that manage tens of billions of funds!
However, the shares auctioned are at most 20%, and at least 2%.
Those with a lot of shares, often hundreds of millions or even billions, feel that they are useless.
Those with smaller shares feel like they are collecting one of fifty hero fragments... He doesn't have the patience!
"Mr. Su, among the small public fund companies, Jintai is actually quite good. What do you think?"
Su Yang thought for a moment and nodded, "It seems pretty good!"
It would be interesting if I could lead a small mutual fund ranked outside the top 140 to break through!
To be honest, he feels a great sense of accomplishment in leading Xinghuo Fitness, Xinghuo Entertainment, Jiuxiang Food, and Jiuxiang Catering to grow and develop. It seems to be more satisfying than sleeping with a woman!
Moreover, Jintai bought 100% of the shares, which is very rare among public fund companies. At least Su Yang will not worry about being constrained.
He just tried it out with business reasoning and found that this public fund company should not have any major problems.
Seeing Su Yang's satisfaction, Chen Difei also smiled.
He asked tentatively: "Then leave this matter to us?"
"Of course!" Su Yang nodded, "I will definitely follow the rules. Remember to give me a discount!"
"Of course, Mr. Su is our important client!" Chen Difei assured with a smile, and then asked in a low voice, "Does Mr. Su have enough funds? If not, we can still provide support!" "Enough!" Su Yang said with a smile, "Even if it's not enough, I won't lend you money. I can't bear the interest of your company. When can you open a VIP channel service for loan interest comparable to that of a bank?"
"All right!"
Seeing Su Yang say this, Chen Difei didn't force it.
After all, Jufan Holdings is not short of funds, and even if it is short of money, banks are willing to lend it!
After Chen Difei left, Su Yang leisurely took a sip of tea.
Now he doesn't have to worry about spending his money!
The financial industry is also one of the service industries.
The end of the industry is finance. Su Yang feels that he will have to take this step sooner or later, so he might as well plan early. Moreover, his abilities are indeed suitable for the financial industry!
Start from private placement and then to public placement. It would be even better if you can smoothly transfer to securities companies, banks, and trusts!
This path may be easier abroad, but it is more difficult to do so in China.
But Su Yang felt there was still a chance.
After all, the domestic financial market is gradually opening up to foreign capital.
If foreign capital has opportunities, he must have opportunities too!
Looking at the time, it was time to get off work, so Su Yang took the lead and ran away!
As expected, the next day Su Yang saw "The collective silence of the domestic food industry is the most terrifying!" on the hot searches on various platforms.
After the failure of Youchong Snacks, it has been the focus of attention of the entire network.
As soon as this trending search came up, it caused a strong response from ordinary netizens across the country!
Su Yang put on his coat, sat on the sofa in the living room, looked out the window at the tranquil Deer Lake and the silhouettes of the rolling mountains in the distance, and called Tan Yanghong.
Ever since he bought Qin Shuang's house in Xindu Garden and gave it to Tao Xue, Su Yang has preferred to live in Luhu Villa.
Although his name was written on the property title, he just didn't feel comfortable living with Tao Xue... Maybe he liked freedom more!
Tao Xue even complained about him for this, but he still slept wherever he wanted!
Tan Yanghong told him that many well-known snack and food companies handled this matter by playing dead and keeping the matter cold... But because Jiuxiang Food’s official account did not play dead and actively answered questions from netizens, a large number of netizens asked questions.
In order to deal with them, he woke up all the employees who managed the platform accounts to work overtime last night!
Other well-known food companies cold process, Su Yang is not surprised!
After all, it is difficult for large food companies to guarantee that there will be no problems in every link, and they are already well-known companies, so there is no need to take risks... Cold treatment is the best way!
But Su Yang is different. He is a radical. It would be a waste if he didn’t try to take the limelight!
"Old Tan, get ready and make a formal announcement this afternoon or tomorrow!" Su Yang thought for a moment and said, "You will come forward in person then!"
"it is good!"
"Are you scared?"
"Don't be afraid! I've done it with my boss!" Tan Yanghong took a deep breath and said, "In fact, two food companies have stood up in the past two days. I think I can do it too... If they dare, I dare too!"
"I know!" Su Yang said with a smile, "But I will send you to the hot search list!"
Recently, two food factories producing lotus root powder and hot and sour rice noodle have indeed come forward to guarantee the quality of their products.
But now public opinion has been swept up, and their voices are too small!
Now those who have the ability to speak out are just pretending to be dead and treating it coldly!
Those who have the courage to speak out, netizens can’t hear them…
Internet users only want to see what they want to see and hear what they want to hear.
But Jiuxiang Food is different. Jiuxiang Food is well-known and is backed by Xinghuo Media.
Spark Media has the ability to help Jiuxiang Food stand out!
(End of this chapter)
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