Winning the new financial era

Chapter 186 Roadshow
Zhang Yida's American itinerary was very full. After arriving in the United States, he rested for the night, reversed the jet lag, and started the road show the next morning.

The first stop was New York, because New York has gathered a large number of investment institutions and fund companies, and convincing them, the road show was more than half successful.

In a certain roadshow room of the Waldorf Astoria Hotel in New York, Zhang Yida stood on the stage in high spirits, and demonstrated the roadshow PPT of Yimin Wangjin to many institutional investment representatives and media reporters.

"Ladies and gentlemen, today I will tell you about the fastest growing Internet finance company in China.

Why do you say that?Please see the big screen. "

Through the remote control in his hand, Zhang Yida released the PPT, which was a group photo of two employees.

One was taken in November 13 when it was first established, and there were only a dozen or twenty people in the photo;
One was taken a few days ago. There are hundreds of people in the photo, all employees of the headquarters.

Zhang Yida began to introduce: "The first photo is 21 months ago, when Yimin Wangjin Company was first established, and there were only a dozen employees in the whole company at that time.

The second photo was taken a few days ago, and it was just an employee at the company headquarters.

At present, Yimin Wangjin has 152 branches in mainland China, more than 7000 employees, more than US$30 billion in funds under management, and more than US$60 billion in cumulative loans...

And 21 months ago, we only had a dozen computers, and a few strings of codes..."

Zhang Yida turned the page of the PPT and continued to introduce:
"Next is an introduction to the loan usage of Yimin Wangjin customers.

As you can see, 20% of customer loans are used for eating, drinking, entertainment, 50% of customer loans are used for business operations, and 10% of customer loans are used to purchase home appliances, cars, decorations, etc..."

A group of blond-haired and blue-eyed foreigners watched Zhang Yida give them a business introduction on stage intently. They were all managers of major funds and investment companies.

The purpose of coming here today is to observe closely, understand the business situation of Yimin Wangjin, measure the value of the company, and then decide whether to start with the shares of Yimin Wangjin.

"Our customers come from several groups, white-collar workers, civil servants, business owners...they all have one thing in common, they have a stable job or income.

This greatly guarantees the repayment rate of the funds we borrowed...

Our independently developed "Eagle Eye" risk control model uses 5000 information dimensions and 1000 credit decision rules to evaluate the credit of each user who applies for a loan...

At present, the credit overdue rate of Yimin Wangjin Group has been controlled within 2%, and has maintained a downward trend for four consecutive quarters.

The risk control of asset quality has always been the most important task of our group. "

Zhang Yida successfully demonstrated the work of Yimin Wangjin in the past two years through PPT. Now Yimin Wangjin is a commodity.

Zhang Yida is now a salesperson, vigorously displaying the product's selling points and various advantages, with the purpose of impressing a group of institutional investors in the audience.

"The next thing to talk about is growth and market prospects."

Zhang Yida toggled the PPT button, and histograms appeared on the electronic projection screen, and continued:

“中国消费信贷市场2014年的规模是2.48万亿美元，15年上半年是1.53万亿美元，每年都保持了20%以上的超高增长。

中国P2P交易规模2013年是157亿美元，14年是435亿美元，环比增长了177%；

In the first half of 15, it was US$766 billion, an increase of 252% from the previous quarter.

The current Chinese P2P companies occupy less than 5% of the national consumer credit market share, and there will be a lot of room for improvement in the future..."

Zhang Yida listed a lot of data reports and various statistics for one purpose: to tell investors present how big China's consumer credit market is, and how much room for P2P imagination in the future...

Don't hesitate, everyone, hurry up and buy Yimin Wangjin stock!
Buy it and earn it!

The market value of 50 billion US dollars is only so low. As long as the market maintains this trend, tens of billions of dollars or even hundreds of billions of dollars are possible.

The next session is for investors to ask questions. Zhang Yida stands on the stage and is responsible for answering doubts and deepening stock purchase intentions.

"Hi Mr. Zhang, I'm the fund manager of Fidelity Investments, you can call me James."

A male white man in his thirties stood up, introduced himself, and asked:

"I am very impressed by the speed of development of Yimin Wangjin, it is indeed a very good company.

But it also makes me a little worried. It has been established for less than 2 years, with more than 7000 employees and assets of more than 30 billion US dollars.

With so many people and funds, how do you manage them effectively? "

"It's simple. We have a strict internal management system. Those who are capable will be promoted, and those who are weak will be eliminated...

Then there is an internal management system that uses data to quantify the job saturation of each employee..."

The number of employees of Yimin Wangjin is getting larger and larger, and may exceed 1 by the end of the year.

With so many people, it is certainly not possible to rely on manual assessment. Zhang Yida has long promoted the mobile and technological office of Yimin Wangjin, and independently developed a set of systems, including sales management, financial audit and other modules.

James is quite satisfied with Zhang Yida's answer. This is called an Internet finance company, which attaches great importance to technology research and development and labor cost control, and can start with some shares.

"Mr. Zhang, hello, I'm Carl, the investment manager of Vanguard Group.

As far as I know, the Chinese government's regulatory attitude towards the P2P industry is quite ambiguous, and there has been no specific policy guidance issued.

Faced with this uncertainty, what countermeasures does Yimin Wangjin have? "

Carl's words poured cold water on other investors who were eager to try, and they thought: Yes!Policy risks have to be guarded against!

All the investors turned their attention to Zhang Yida to see how he would respond.

Zhang Yida thought in his heart: These Wall Street elites are not easy to be fooled, they asked the main point right away.

"P2P in China, although the government has not given clear regulatory guidelines.

But we believe that it will always be included in the supervision.

Therefore, Yimin Wangjin has already considered countermeasures. "

Carl's question was very sharp, and Zhang Yida didn't intend to avoid the important ones and ignore the minor ones, otherwise he would only appear guilty.

Zhang Yida added: "I don't know if Mr. Carl has noticed a key piece of information disclosed in the prospectus. Yimin Wangjin has invested in an Indonesian e-commerce company - Bukalapak."

"I saw that some time ago, Yimin Wangjin invested 1000 million US dollars in Bukalapak and obtained 10% of the shares.

But what does this mean?Under the circumstance of unfavorable regulatory policies, Yimin Wangjin transformed into an investment company or e-commerce? "

Carl spoke very directly, and did not intend to save Zhang Yida's face at all.

He is an employee of the Pioneer Group, so he naturally puts the interests of the group first, so he must ask all kinds of questions clearly if he wants to buy shares in Yimin Wangjin.

"No no...Mr. Carl, you misunderstood, investing in Bukalapak is just the first step for Yimin.com to go overseas.

After the successful listing, Yimin Wangjin has raised enough funds and will continue to increase investment in overseas businesses.

Bukalapak is an e-commerce company. Yimin Wangjin has obtained certain intentions with the other party. Next, it will establish a joint venture P2P company in the local area. The asset-side business mainly revolves around commodity shopping installments.

For the future, Yimin Wangjin plans as follows:

For domestic business, we will continue to increase investment in the P2P field to seize more market share.

Overseas business, with Indonesia as the starting point, gradually radiates to the entire Southeast Asian region, and then will enter more regions and countries, becoming a large multinational Internet financial group.

Yimin Wangjin has leading fintech technology, as well as development funds raised through listing, which will become our advantages in overseas business expansion. "

Zhang Yida has created a big pie for a group of investors, a large multinational P2P financial group.

This isn't a fool's bluff either, Zhang Yida really has the intention of developing overseas.

Southeast Asia, India, South America, Africa...all have the soil where P2P companies survive.

Carl took the lead in applauding, and other investors also applauded.

The basic business of Yimin Wangjin is operating very well, and now it has thrown out a "transnational" concept, which is definitely good news for Yimin Wangjin, which is about to go public.

The investors present also considered whether to buy hundreds of thousands of shares to support it.

Then several investors asked questions, and Zhang Yida answered them one by one in a clear and orderly manner.

The road show in New York ended successfully, and Yimin Wangjin received a total of 52 institutions' intention to subscribe, and the intended subscription amount was as high as 2.75 million US dollars.

Then, Zhang Yida successively accepted interviews from several mainstream media such as the Wall Street Journal, Financial Times, and New York Times.

Goldman Sachs began to make efforts, and began to let Zhang Yida appear in the mainstream media to continue to build momentum for the next road show.

"Hi, audience friends, good evening! Your sweetheart princess Anna is on time to meet you again."

In the studio of a New York TV station, a hostess with brown-red hair made the opening remarks.

"The guest we invited today, everyone guess who it is?"

Anna made a fool of herself and aroused the curiosity of the audience.

"At 20 years old? What are you doing? Some people are studying, some people are running Facebook, and some people have become the youngest CEO in Nasdaq's 44-year history.

Please, Mr. Zhang Yida, CEO of Yimin.com Gold. "

Anna shouted in a very exaggerated tone, and then Zhang Yida strode to the stage.

When shaking hands with Anna, the hostess gently scratched Zhang Yida's palm and looked at him with a smile.

Zhang Yida withdrew his hand calmly and started talking to Anna.

"I heard that Mr. Zhang also has a super unicorn in China with a valuation of more than US$100 billion, which is also a company in the financial technology field.

Does the company have plans to go public? "

Zhang Yida shook his head and said: "There is no plan to go public in the short term, and Ruixiang Group has been deeply cultivating financial technology and is still in its infancy.

Major breakthroughs have not yet been made in the research and development of AI and blockchain, which require continuous and huge investment.

The listing must wait until our cutting-edge technology is commercialized. "

(End of this chapter)