The wealthy entrepreneur: I want to support millions of employees!.

Chapter 884: If you make good profits, run! If you make bad profits, scold them!
“Jiuxiang Catering, Jiuxiang Food, and Xinghuo Media have the most complete internal talent systems. Even though Xiang Nantian left, there are many people in the company who are more outstanding than him!” Su Yang explained. “However, Xiang Nantian did work diligently for more than two years in your province, helping the company to expand the local market. His contributions were considerable!”

"Is he making room for a newcomer?"

"I guess so!" Su Yang smiled. "But I am indeed a little reluctant to let them go. But what can I do? Even if I try to force them to stay by appealing to their emotions, they will feel bad, and it might even affect their work!"

"Hmm!" Yu Chengjun nodded. "That's true!"

"Xiang Nantian is actually not bad. He was too embarrassed to directly tell me his resignation, so at least he asked Manager Guo to pass it on to me. At least he cares about my attitude!" Thinking of this, Su Yang couldn't help but complain, "At least he didn't just throw a resignation letter on my desk. He's much better than many employees who just disappear!"

"That makes sense!"

After thinking about it, Yu Chengjun felt a little better about Xiang Nantian.

At least Xiang Nantian came all the way from your province to meet Su Yang.

Because Su Yang approves the resignation and dismissal procedures of every employee in the group, as her secretary, she has witnessed the diversity of employees.

Some employees who don't want to work will simply disappear without a word, not even a resignation letter!
Neither colleagues nor superiors know where the other person has gone.

Unable to reach them by phone, and with their families unaware of the situation, the company was forced to call the police.

This isn't because the company wants to do anything to its employees; it's just that they're afraid the company will be held responsible if something really goes wrong.

As for something even worse, like absconding with the money, that hasn't happened within the company.

But she had heard quite a lot about it!

In the afternoon, Su Yang instructed the company's finance department to transfer 50 million yuan to Jufan Hotel Management's account.

Of that, 20 million was used as working capital for the hotel and the company.

After acquiring Tiancheng Hotel, the hotel only had a few million yuan in working capital, and Su Yang didn't want to see the company and the hotel struggling financially.

He's rich now!
As it was almost time to leave work, Su Yang glanced at his fund account one last time.

The market experienced a significant drop today, and the surge before the National Day holiday seems like a trap...

Today, "Jintai Technology Innovation Preferred Hybrid C" fell by 2.45%!

However, the ten million he initially purchased for "Jintai Technology Innovation Preferred Hybrid C" has now become more than sixteen million!

This is after the National Day holiday, when the stock market began a significant correction.

Su Yang remembered that before National Day, his account had more than 16 million.

However, with a return of over 57.5%, investors who bought this fund should be quite satisfied!

He has received information that, in the pre-National Day rally, Jintai Technology Innovation Preferred Hybrid C fund ranked among the top five in terms of growth among all public funds in China.

The results weren't just excellent, they were absolutely phenomenal!
Meanwhile, the amount of funds managed by Jintai Public Fund Management Co., Ltd. has exceeded 4 billion yuan.

Of that, more than 600 million was money earned for customers, which is considered passive growth in the scale of managed funds!
Several hundred million more were taken care of by local companies.

Several companies, including Longjiu Group, have purchased hundreds of millions of yuan worth of bond funds managed by Jintai Public Fund!

It's clear that Jintai Fund's performance this year will be very impressive!
Strictly speaking, there are only two funds ahead of Jintai Technology Innovation Preferred Hybrid Fund C.

However, because the same fund has two types, A and C, it pushed Jintai Technology Innovation Preferred Hybrid C down to fifth place!

Furthermore, the combined assets of the first two funds, Class A and Class C, are less than 100 million yuan, and their major holdings are in the Beijing Securities Index Co., Ltd.

In the eyes of insiders, Pei Jiaqi definitely performed the best!

After all, the scale of Jintai Technology Innovation Preferred Hybrid C managed by Pei Jiaqi has exceeded one billion!
Managing over a billion yuan is definitely much more difficult than managing tens of millions of yuan!
Su Yang knew that many small-cap stocks on the Beijing Stock Exchange were performing very well, but they were not suitable for Pei Jiaqi's managed funds to invest in.

Investing a few million yuan in these small-cap stocks can yield decent returns. However, with tens or hundreds of millions of yuan entering the market, the investors might simply withdraw, leaving Jintai Public Fund to take over their losses…

However, Su Yang wasn't in a hurry, as the end of the year was still a long way off.

A sharp rise is indeed important, but controlling the pullback is equally important.

With them starting from roughly the same point, and the fund still in its closed period with no redemption pressure, and with his help, it would be a miracle if Pei Jiaqi didn't get the top performance among public funds this year!

He glanced at the comments section and was both amused and exasperated!

"It's dropped again! What should I do if I really want to reduce my holdings?!"

"Ugh, this hurts! I fell and I can't escape!"

"I have a fear of rising prices. When is the right time to reduce my holdings in this fund?"

"We've only been holding the position for a short time; there are still two months to go!"

"Won't all the profits be wiped out?"

"My returns, which were over 60%, have dwindled to just 57%. That's terrible!"

"Haha! The car doors are welded shut, nobody run, you'll all cry if you fall!"

"I was standing outside trying to get in, and you guys tried to run away?"

"To be honest, Manager Pei helped us capitalize on this market trend, so why are we running away?"

"Indeed, Manager Pei is very capable. Saying that he wants to be the sharpest spear of the technology fund... is no exaggeration!"

"I told you, just trust Manager Pei. Everyone who bought Manager Pei's private equity funds before and got off halfway through regretted it to the core!"

"That's right, you should feel honored to be able to buy products managed by Manager Pei... I never had this privilege before!"

"Quiet down! I've made over ten million and I'm not nervous at all. Just lie down!"

"Can you guys stop being so gullible? Manager Pei's ability to control drawdowns is already very strong. Other funds haven't risen as sharply as Manager Pei's, and they've fallen even more drastically!"

"..."

Is this what it means to live in fear of rising prices?

Su Yang is really hard to evaluate...

Good guy!
If the fund's returns are poor, you'll all criticize it!

Once your fund returns are good, it's time to run!

These customers are really hard to please!
Just as Su Yang was about to leave work, he received a call from Cheng Wenhuo. The negotiations between Xinzhiai Pet Medical and Zhejiang Hemei Pet Medical had made a breakthrough.

However, the other party is asking for 250 million, plus a bank loan of more than 50 million... that should be close to the bottom line!
After briefly considering the scale of HeMei Pet Medical, thinking about his own savings, and conducting a business analysis, Su Yang decided to agree to the other party's request!
We first contacted HeMei in June, and we've been talking for almost four months.

HeMei Pet Healthcare ranks fourth in scale in Zhejiang Province, making it a regional leader.

They have a presence in Jiangsu and Guangdong provinces, with approximately 37 stores located in first-tier and new first-tier cities. They also have four specialized hospitals focusing on orthopedics, feline care, and oncology, employing over sixty licensed veterinarians and more than two hundred other staff. Their annual revenue is close to 200 million yuan, with an annual profit of around eight million yuan.

After acquiring Hemei, Xinzhiai now has more than 60 stores nationwide.

There's definitely a premium involved, but this sector is currently very popular.

He shouldn't try to take advantage of the situation!
The equipment alone is valued at over 60 million. He also uses the strategy of seizing the market with capital. Opening stores one by one is too slow. It's better to first establish scale and market share.

(End of this chapter)