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

Chapter 953 Doing scientific research is also as powerful as a brick flying! Yuanshi Private Equity's Hong Kong subsidiary!
If possible, Su Yang would like to borrow over a billion yuan from the bank.

However, he also knew that without suitable collateral, the procedures would be very complicated.

If it's private lending... then forget it, those guys charge ridiculously high fees!

It can only be used in an emergency, but he's not in a real hurry right now!
It's not like he's short of money!
Just as Su Yang was about to leave work, he received a call from Han Kun.

"President Su, congratulations!"

"Where does joy come from?"

"I heard that your raw stone private equity fund has exceeded 10 billion?"

Su Yang asked in confusion, "How did you know?"

"That's what they said on the news!"

Su Yang did a quick online search and found that financial media had disclosed that Yuanshi Private Equity's assets under management had exceeded 10 billion yuan, and even praised Yuanshi Private Equity as the number one private equity firm in Southwest China!

It has been some time since Yuanshi Private Equity Management's assets under management exceeded 10 billion yuan, and the media reports are clearly somewhat lagging behind.

This is mainly because the raw stone private equity firm did not deliberately promote it.

There are dozens of private equity firms in China with assets exceeding 10 billion yuan, but due to restrictions on publicity, they generally keep a low profile.

Su Yang is rather laid-back about the development of private equity firms, but he pays more attention to Jintai Public Fund!
He positioned Yuanshi Private Equity as a way to manage his own and his company's finances, and to expand his network a little bit; everything else was secondary!

However, this also means that Yuanshi Private Equity has officially entered the ranks of the top private equity firms in China.

Especially in this province, Yuanshi Private Equity is probably the strongest private equity firm!
Other private equity firms with assets exceeding 10 billion yuan are almost all located in first-tier cities such as Beijing, Shanghai, Guangdong, and Shenzhen!
Of course, Su Yang was in a good mood because he owned a company that was among the top in the industry!
"Then I must thank President Han for his support!"

"So this is true?"

"Yes! It's true!"

"Impressive!" Han Kun praised Su Yang, then asked, "I heard you're going to acquire Su Yaohui's LuoMi Biotechnology?"

"Correct!"

"Estimated to be over six hundred million US dollars?"

"Yes!"

Su Yang made no attempt to hide anything, and the matter couldn't be kept secret any longer.

An acquisition worth hundreds of millions is considered a big deal, let alone one involving a company worth four billion!
"Sigh~"

Hearing Han Kun inhale, Su Yang casually asked, "Mr. Han, are you interested?"

"I can't afford to play this game!" Han Kun complained. "If I were to spend money to acquire this company, those shareholders would flip my table!"

"It shouldn't be that bad!"

"However, I heard that this company recently experienced a financial crisis, and many people are not optimistic about its future!"

"I've met Professor Su, and I feel he's a very capable person, so I'd like to give it a try!" Su Yang said with a smile. "Anyway, I'm young now, so even if I lose money, I can afford it!"

"It's good that you're mentally prepared for this!"

Han Kun thought about it for a moment and also felt that youth was Su Yang's greatest asset, and young people were indeed willing to take risks!
Judging from Su Yang's current career development, even if Romi Bio loses money, it will not shake his foundation!

Too much smooth sailing isn't good either; stumbling when you're young isn't necessarily a bad thing!

RomiBio's $600 million valuation is indeed very inflated, but the company does have various patented technologies and R&D projects, with branches and pipelines in Guangdong Province, Jiangsu Province, Beijing and other places.

Even if Su Yang can't hold on any longer, he can still resell it!

And is Su Yang destined to fail?
Research and development is expensive, but as long as you gather talent and invest heavily, you can achieve great things!

Unfortunately, Su Yang doesn't lack cash flow... and there really is an opportunity! Su Yang said helplessly, "To acquire this company, I might have to tighten my belt for a while!"

"It's a path you choose yourself... haha!"

Han Kun had no doubt about this. After all, even if Su Yang was very rich, he would still feel pressured to buy a company valued at over 4 billion.

Even if he made a lot of money through private equity!

After laughing, Han Kun added, "If you really achieve results on your end, you can also consider cooperating with us!"

"Yeah, sure!"

After hanging up with Han Kun, Su Yang received many more calls, all congratulating him.

Although Su Yang doesn't have a lot of social interactions, he has a lot of "friends," and this number is increasing!
Some of these people had previously purchased products from Yuanshi Private Equity.

Some people didn't buy, but they were clearly interested!

Just before it was time to leave work, Su Yang called Xiong Tianze, the general manager of Yuanshi Private Equity, into his office!

You know about the company being exposed by the media, right?

It was almost time to leave work, so he got straight to the point.

"I know!" Xiong Tianze nodded. "Boss, I even sent you a WeChat message!"

"They might not have noticed!" Su Yang instructed. "Recently, many wealthy individuals have probably contacted Yuanshi Private Equity. You need to be very careful in vetting investors!"

"I understand!"

Su Yang emphasized, "You need to have the company conduct the strictest qualification review. There can be no promises of returns. Those who don't have enough assets, whose sources of funds are unclear, or who can't withstand large losses should all be eliminated. You also need to prepare the review materials... Do you understand?"

Seeing his boss's serious expression, Xiong Tianze nodded solemnly, "Boss, I understand!"

"Once I acquire Wanlong Securities, you'll become the vice president of Yuanshi Investment. Be sure to groom a successor!"

"Good boss!"

Hearing that he might be promoted, Xiong Tianze was overjoyed!

"How's the situation in Hong Kong?"

Not long ago, Yuanshi Private Equity established a subsidiary in Hong Kong and obtained a Type 9 license.

Su Yang also remotely directed the effort, helping Yuanshi Private Equity recruit several talents with good overseas investment experience and build a high-level, professional investment research team.

"The registration has been completed, and we are now preparing to raise funds!"

Going overseas for private equity funds is still quite troublesome, and Su Yang didn't expect his Hong Kong branch to raise much capital there.

Although Yuanshi Private Equity is now a private equity firm with assets exceeding 10 billion yuan, there are only over 80 such firms in China.

Many companies have established subsidiaries in Hong Kong and obtained Type 9 licenses!
Some have even opened branch offices in Singapore!
Yuanshi Private Equity, based in mainland China, has risen too quickly, and its reputation is still not as good as those private equity firms with tens of billions of yuan that have been operating for many years.

If it weren't for the fact that Paipai.com boasts the highest yield on raw stone wealth, many wealthy people might not have even heard of this company, let alone in Hong Kong or overseas!

Therefore, this fundraising will still take place domestically, but the funds will be managed by a subsidiary in Hong Kong.

To support its Hong Kong subsidiary, Yuanshi Private Equity recently applied for QDII qualification, but due to foreign exchange controls, the quota is relatively limited!
Those who have bought Nasdaq funds and discovered the restrictions on subscriptions are quite aware of this!
"You guys keep raising funds, and remind me when the fundraising period is almost over!" Su Yang reminded them. "I also have some funds that I can lend a hand; we can't let those companies be unable to pay their salaries!"

"Good boss!"

Xiong Tian wasn't too worried about funding.

After all, private equity firms specializing in raw materials are quite wealthy these days, and if all else fails, they can always invest themselves.

(End of this chapter)