Winning the new financial era

Chapter 127 Sound the alarm
In Zhang Yida's mind, he didn't know whether he should say MMP or not, and the operation of investing net assets in shares was a bit erratic.

In the strict sense, Huinongdai is not a pure Internet company. Its business is basically carried out offline. In the future, it will establish a large number of branch companies and recruit a large number of offline business personnel.

It is not an Internet finance company in the absolute sense, but more similar to a traditional microfinance company.

However, Huinongdai also has certain Internet and technology genes, and its risk control system and business management system are all developed by itself.

So Zhang Yida smiled and said:

"It is also possible to buy shares from net assets, that is, in addition to fixed assets, Huinongdai also has some intellectual property rights and virtual assets, which are converted into about [-] million yuan.

What do you think? "

Director Liu frowned. The reason why the foundation intends to invest in Huinongdai is that Huinongdai has achieved impressive development results in just half a year since its establishment. It has great potential. I want to invest in Huinongdai at this time. Cheap.

According to their internal assessment, Huinong Loan is worth tens of millions at most at this time.

"Mr. Zhang! As far as I know, it has only been half a year since Huinongdai was completed! Can your risk control system and business management system be worth [-] million?
This [-] million is the words of your family! "

A young man sitting next to Director Liu was eager to show himself in front of the leader, so he took the lead in firing at Zhang Yida.

Seeing the chairman being embarrassed, Bao Bufan, the CEO of Huinongdai, hurried out to make a rescue, sarcastically saying:
"This little comrade said it very well! Whether it is worth [-] million or not, I think everyone has a good opinion.

To show fairness, we will invite a third-party evaluation agency to evaluate the value of all intellectual property rights of Huinongdai.

The risk control system with a bad debt rate of less than 1% is better than the system I used to work in a rural commercial bank.

I was wondering if [-] million is a bit low.

Director Liu, what do you think? "

After finishing speaking, Bao Bufan looked at Director Liu with a half-smile.

Director Liu gave Comrade Xiao Li who was sitting next to him a hard look, and told you to talk too much, and he will deal with you when you go back.

Director Liu hurriedly laughed and said:

"I have no objection, just follow Mr. Bao's opinion! Please ask a third party to do the value evaluation, which is fair, just and open."

After the group from the Poverty Alleviation Foundation left, Bao Bufan approached Zhang Yida and said:

"Mr. Zhang, what do you think? I came out of the system, so I know the situation inside best. Many people inside are rigid and stubborn, and they don't accept new things very well.

Financing them?
It's better to find a venture capital institution for financing! "

Bao Bufan was a little angry, the situation in the conference room today made him angry, what the hell?If you don't understand high technology, don't talk nonsense.

Zhang Yida patted him on the shoulder and comforted him:

"Old Bao, I understand what you mean. The national conditions are such that we have no choice.

If Huimindai wants to grow bigger, it must pull them into the car.

With their shareholding and endorsement for us, it will be much easier for Huimindai to connect with bank funds and even issue bonds.

In addition, Huimindai will expand to the whole country in the future, and it is inevitable to deal with ghosts and monsters from all over the world, and they need to make tiger skins for us. "

Bao Bufan also calmed down. He was also the vice president of a rural commercial bank. Zhang Yida naturally understood the reason.He nodded and said:
"I see, Mr. Zhang is the one who thinks carefully."

"I released the slogan of Huinongdai lending tens of billions in three years. If I don't finish it, I will be slapped in the face. There are still two and a half years, it's all up to you."

Zhang Yida patted Bao Bufan on the shoulder, winked and said.

"5000 million yuan has been released in half a year this year, and there are still 99.5 billion yuan... This...is not easy!"

Bao Bufan looked at Zhang Yida with a sad face, and he remembered that Zhang Yida had indeed put on such a beep at the press conference half a year ago.

At that time, he had not yet joined Huinongdai, and these things were all mentioned by his colleagues later.

Hey, 100 billion, what is this called!
But he didn't dare to hate Zhang Yida, so he kept sighing there with a bitter face.

"Hey, stop pretending, I know what you're capable of, Old Bao, how can this matter stump you?"

Zhang Yida couldn't hold back anymore, and laughed heartlessly.

"Lending 100 billion yuan, you must have enough funds, right! Even if the one-year loan is the main one, you still need 30 billion yuan to roll in it!"

Bao Bufan said seriously that this number was calculated after careful consideration.If the lending funds are not enough, what will it take to complete the [-] billion lending target in two and a half years.

In addition, there is another meaning to saying this level, which is to ask Zhang Yida for funds and resources.

"10 billion, in this round of capital increase and share expansion, we will expand the paid-in capital to 10 billion, and the small loan company still has 0.5 times leverage, and can find a bank to raise 5 million.

The other 15 billion will be raised through bond issuance!
Let's do this first, let's see the effect after doing it for a year.If there is a funding gap, we will start financing again. "

Zhang Yida comforted Bao Bufan with a few words, and he asked excitedly:

"Do you really want to expand the capital to 10 billion?"

"Well, Ruixiang and Yimin Financial Services Group have come to participate in the capital increase, and then called Heishan Capital and Zhenke Fund, it is estimated that it is almost the same!"

Zhang Yida looked into the distance, and began to think about how to persuade Shen Beipeng and Xu Xiaoming.

……

"Mr. Xu, Huinongdai will be split up and operated independently next time. We plan to increase capital and share to 10 billion. Are you interested in participating?"

Zhang Yida called Xu Xiaoming with a smile and said.

"10 billion paid in real money? Playing so big? Tell me, how much do you want me to pay?"

Xu Xiaoming has always been very concerned about Huinong Loan, and he thinks it is very meaningful for poverty alleviation loans. He promised Zhang Yida earlier that he would find him if he lacked funds.

Now that the overdue rate of Huinong Loan is less than 1%, and the risk control technology is top-notch, I am more interested in investing.

"After the A-round financing of Yimin Financial Services Group, Zhenke Fund currently holds 2% of the equity of Yimin Financial Services Group through the incentive of gambling.

After the split operation of Huinongdai, the 2% equity was transferred to Huinongdai Company.

Huinongdai’s current net assets, including tangible and intangible assets, are valued at 1.1 million yuan. After a cash capital increase of 10 billion yuan, Zhenke Fund needs to invest 2000 million yuan to maintain its shares without being diluted.

Of course, if you want to own more shares, I have no objection, but it cannot exceed 5%.

How about it?Teacher Xu.

The next round of financing will not be so cheap. "

"Okay, then 5% of the share, Zhenke voted."

Xu Xiaoming agreed directly, and he also knew that the Huinong Loan was not very lucrative, and it would not have a high return on investment if it developed in the future.

But he still decided to invest without hesitation, not only out of trust and optimism for Zhang Yida, but also because he had a good intention to repay the society.

Winning Xu Xiaoming went smoothly, but Shen Beipeng ran into trouble.

"It's not a problem at all for Heishan Capital to spend one or two billion yuan. But Yida, have you thought about it? What is the future development prospect of Huinongdai?
Where to go public?How to give investors an exit channel?

Also, what is the positioning of Huinongdai?Poverty alleviation first, interests second; or interests first, and poverty alleviation by the way? "

Shen Beipeng asked questions like a cannonball, even though Zhang Yida was used to dealing with him, his scalp tingled from being asked.

After sorting out the language, Zhang Yida said:

"The future development direction of Huinongdai will not be shaken, and will continue to take root in rural areas and deepen rural finance.

If it goes public, I don't think it will be considered within three years.As for the future, maybe it will be listed on A shares!

In addition to listing, the exit channel also includes mergers and acquisitions or equity transfers!

Ruixiang will also develop in rural areas in the future, and the potential of urban residents has basically been tapped.

The vast countryside also contains many opportunities.

When Huinongdai develops, Heishan Capital can carry out equity transfers. I think some companies will be interested.

Especially New Hope, which is related to the rural market.

They don't want it, and Ruixiang can buy back the shares in your hands at that time.

In addition, the positioning of Huinongdai will not change, with poverty alleviation as the main priority and interests as the second priority.

Making money does not necessarily make money, but it certainly does not lose money.It is to make certain concessions to interest on the basis of not affecting our normal operations and expanding our scale.

Don't worry, even if you don't make money, the company's scale will increase, and the shares will increase in value. "

After listening to Zhang Yida's words, Shen Beipeng smacked his mouth and said:
"Blackshirt Capital wants 20% of the shares, so there is no need to sign a repurchase agreement.

I only have one request, that is, Huinongdai should not forget its mission and original aspiration, and it must persevere after determining the direction and goal.

Without further ado, I believe you have a deep understanding of how difficult it is to do rural finance.

Huinongdai has achieved success in Shanshan County, Ganzhou Province. I am also very pleased, but it does not mean that this set can be easily replicated across the country.

Don't blindly pursue scale and growth rate, be more stable! "

Shen Beipeng's words sounded the alarm to Zhang Yida. Zhang Yida thought, the success of Shanshan County made him feel a little overwhelmed, thinking that the national market was at his fingertips.

The farmers in the valley county are honest and honest, and they repay their loans in time.It does not mean that the farmers in every area are so honest, and there will be many borrowers who cheat on loans in the future, or use the borrowed funds to eat, drink and have fun.

For this problem, we can only strengthen the risk control link.

The original intention of Huinongdai is to provide entrepreneurs with loans to farmers and lead them out of poverty.

If it is dragged down by farmers maliciously defrauding loans or the abnormally high overdue rate, it will become a joke.

In particular, the financial technology and super-class risk control technology that have been publicized all the time will be slapped in the face very painfully, and it may even pass the negative to Zhang Yida himself and the two major groups of Ruixiang and Yimin.

Those engaged in high-tech Internet finance were killed by fraudulent loans and overdue loans. It sounds ironic, but it is not impossible.

No matter how good the risk control system is, it is still controlled by humans.

If there is a problem with people, especially the front-line salespersons, the personnel responsible for the preliminary examination of the loan entry will collude with the borrower internally and externally, and it will be scary to think about it.

Zhang Yida decided that in the future, he must introduce an inspection mechanism to all departments of the company, especially the business department and risk control department, to prevent pests from appearing.

If you find one and kill one, there will be no mercy.

Ruixiang Group is a little bit better. The borrowers are all internally screened high-quality customers to open credit lines.

Yimin Financial Services has three major lending terminals, Yimin Loan, Yimin Puhui, and Huinongdai, all of which are relatively easy to breed pests.

(End of this chapter)