"I'm not sure about a business that can't make money through its main business and just does those empty things."

Wang Jianning returned to Lushun on the day he received the news from Jilin Province. As soon as they met, they talked about the problems faced in the construction of the resort in Jilin Province. At present, there is no lack of policy support, but there is a lack of money.

Unlike in history when Liu Aiguo used the name of a resort to trap Yida and provided him with over 200 billion yuan in credit support, Yida is very short of money this time.

After the commercial plaza in Yuqing Yanjing was completed, the debt scale was very large. Then, with the help of Qingyun’s connections, two business projects, Xingcheng and Modu, were launched one after another.

The total investment exceeds 800 billion RMB, and the leveraged funds exceed billion. The loan interest that needs to be repaid each year is not a small amount, although part of the project can also be mortgaged to obtain funds.

But the entire Yida’s capital chain is already very tight, and Jilin Province will not consider these things. The preferential conditions promised to Yida before have been in place, and now is the time for him to fulfill his promise.

The cooperation of exchanging Yida Commercial Management's shares for funds from Qingyun Group and then using Qingyun's credit endorsement to obtain a low-interest loan from the bank was a deal that had been agreed upon long ago.

Li Zehua did not refuse. He also needed to rely on Yida's influence in Northeast China to achieve certain goals, such as safeguarding the development of agricultural companies. Both parties would get what they needed.

Then he talked about the sharing economy itself. Wang Jianning was not very optimistic about the industrial model, which was too new and made profits through peripheral businesses. There were too many uncertainties and the payback period was far away.

“When we do business normally, we always try to find a reasonable ratio between the input and the direct benefits generated.

Look at your shared bicycle and electric vehicle project. You have invested nearly 600 billion in three years, and at its peak, tens of millions of people used it every day.

Without considering competitors, even if the single usage is 2 yuan, 6 million a day, 72 million a month, and 8 billion a year, it will take almost 9 to years to recover the cost.

In the meantime, we also have to consider operating costs, including rental fees for each location, a fixed percentage of the profit each year to the local government, as well as a series of additional costs such as anti-theft and depreciation.

A conservative estimate is that even if the products manufactured are durable, it will take about 15 years to fully recover the cost. Have you considered changes in the economic environment during this period?
What will you do if there are obvious changes in policies, such as not allowing the use of scooters on major roads in cities or riding in school areas? Will such a large investment go down the drain?

Other entrepreneurs can also continue to raise funds, attract new stakeholders to join, establish a broad alliance of interests, and create a wider influence.

As for you, you are fighting alone, and every time only a few investors will take advantage of you to make money. Even though you have gained certain advantages now, you will offend more and more people over time.

If this group of people unite in the future and force changes at the legislative level, how will you respond? "

"Mr. Wang, I have considered all that you said. Policy changes are not something that can be easily accomplished by one or two companies. I ask myself at every step of the group's development.

They all accurately grasp the judgment of the superiors on future strategic development, which is a reflection of the collective will, such as new energy, agricultural security, export-oriented economy and industrial upgrading.

These are the general trend. Anyone who tries to change the general trend without knowing his own limitations will be crushed to pieces. I don't even need to do anything myself, the higher-ups will clean out those who are blind enough.

Returning to the sharing economy itself, to be honest, I am more pessimistic than you. Just talking about this business, don't expect to recover the cost in 15 years, let alone 30 years.

Another thing to consider is the additional cost of using the funds. On the first day of investing 600 billion, half of it will be lost, and the remaining half will be lost slowly.”

Li Zehua's words made Wang Jianning and Wang Sicong, father and son, stunned. The latter couldn't help but ask, "You still invested when it's so unprofitable?
If you weren't crazy, if it weren't for your so-called peripheral business, you could earn more than 20 billion a year?"

"I'm afraid it's more than that."

Li Zehua smiled and said: "The sharing economy is not aimed at making money at all. I have no plan to go public in the future to cash out and reap profits. It doesn't matter how much loss the specific business makes.

The most important thing is the payment scenario and target customer group behavior analysis. The big data information generated is priceless, with over tens of millions of usage data every day.

For Qingyun Big Data and Qingyun Micropayment, the potential commercial value has increased, which is reflected in financing, with an additional bonus of more than 600 billion.

Another thing is that it stimulates the smartphone market. You can scan the QR code to ride. You can't use a keypad feature phone, right?

At this stage, except for Apple, these patents have not been authorized by any third party. The launch of Roewe’s cheap mobile phones in the second half of the year can be regarded as a disguised way to stimulate its sales.

For college students, spending a few hundred yuan on a smartphone that allows them to access the Internet at any time and enjoy more convenient services is not worth mentioning. "

The group has made a lot of preparations in advance to ensure the smooth implementation of this business plan.

It can even be said that the sharing economy is the first large-scale attempt by the group to test the power of the industrial ecosystem chain.

The first area where the sharing economy was deployed was the university town.

Chizuome Catering Management has contracted many university and government canteens. Even if there are some that slip through the net and do not cooperate, it has successfully obtained the right to supply fruits, vegetables, meat and seafood.

The takeaway express e-commerce group buying business has recruited more than 10 part-time college students in the university town. This number is increasing every day, so much so that the head office has specially recruited from the Hummingbird crowdsourcing business.

A part of it was separated and merged with the part-time management personnel department of the Human Resources Department and the part-time student department of the Business Department to form a part-time external employee management department, which is specifically responsible for part-time business.

Qingyun Electronics, Power Technology, Dajiang Technology, Big Data, and other industrial alliance holding companies under the investment company have joined forces to carry out scientific research cooperation with more than 100 universities in China.

Qingyun Simple Love Mutual Aid Fund donates hundreds of millions of dollars to major universities and colleges every year for scientific research, construction funds, sponsored scholarships, and grants for poor students.

Various resource exchanges and interest bundling involve almost all 211/985 universities. Qingyun has almost single-handedly turned the college student market into its own back garden.

No one refused the business cooperation of shared bicycles and shared electric bicycles. It was just during the negotiation process that the school raised safety concerns.

It is hoped that the electric vehicles launched by Qingyun Group can use technical means to control the speed within 20 kilometers per hour to prevent safety problems caused by students driving too fast.

As for the charging and placement of the electric vehicles, the maintenance jobs created by them will be done part-time by poor students, how to divide the profits from each use, the cost of renting the site and other issues.

In a good cooperative atmosphere between the two parties, everything was handled happily...

"There is no better market in this world than college students!"

Li Zehua went on to say: “Not everyone can afford a 2500 yuan Honor phone, but most of them are willing to take the initiative to try an 800 yuan Roewe phone.

Take-out, express delivery, e-commerce, part-time jobs to earn extra money, and now with the addition of shared bicycles to solve the last mile of travel, there is always one that will attract students.

As long as they take the first step, they will inevitably become consumers of the group's various businesses.

In the era of the Internet, especially mobile networks, user scale determines everything, and the traffic entrance controlled by the group can determine which are high-quality customers through big data analysis.

After screening these people, all the group's businesses, including future advertising, will be able to find accurate target customer groups in the first place.

Think about it, how much is this alone worth? "

Wang Jianning was very envious of this ecological chain strategy, but Yida couldn't learn it, and he himself was not good at it, so he turned his eyes to Wang Sicong, signaling him to learn more.

The latter looked confused. He wanted to learn, but the problem was that he had no money and no industry. He couldn't develop Panda Interactive Entertainment into an integrated online and offline cultural and entertainment company, right?
Looks like there is a way out?

Li Zehua ignored this and continued, "This time when I came to Lushun, one of the terms of cooperation with Mr. Wang was to invite Yida to participate in the preparation and establishment of MyBank.

At the beginning of next month, the first formal preparatory meeting of MyBank will be held in Shanghai. At the meeting, I will prepare a complete development plan and submit it to all the prospective shareholders for review..."

His online bank is similar to the one created by Ali in history. Its full name is Modou Internet Commercial Joint-Stock Bank. It mainly operates online business and serves small and medium-sized business owners or individuals.

Provide pure credit commercial loans of no more than 500 million yuan, and provide individuals with online credit cards with a minimum of 50 yuan and a maximum of no more than 50 yuan (similar to Huabei, a product of installment payment).

However, unlike the historical MyBank, the shareholders are different, 34% of which are purely state-owned assets, which only enjoy dividends and do not participate in any actual management.

The remaining 66% was held by Qingyun Group at 49%, and other invited friendly companies at 17%. Yida, as the most important ally in the real estate industry, successfully obtained a 1% share.

The remaining shares are shared by JD.com, its home appliance manufacturing partners, and various venture capital firms including Temasek Holdings.

The online financial lending business in the mobile Internet era was first started by Payment Insurance, but will soon shine more brightly in the hands of Qingyun Group.

Chizu.com, Fengniao, Pinxixi, and WeChat Technology, a micro-payment platform that is still in the development stage, have all confirmed to join this plan and will unify the backend ports. The era in history when each Internet app launched its own financial product will no longer appear. All the resources integrated by Qingyun will only have one financial product.

Users can accumulate consumer credit on different apps and provide proof of assets to increase their overall credit limit, but they will only enjoy the most favorable loan interest rates on apps they frequently use.

And unified repayment operations can be carried out through any Qingyun app. Like the unified big data center, Ant Financial will pay fees to these companies through customer acquisition channels.

"In the era of mobile Internet, the most important thing is the customer acquisition channel and traffic entrance. The entrance controlled by Qingyun Group today is beyond the reach of all other competitors.

The sharing economy will continue to strengthen this advantage. At the same time, I also hope that Mr. Wang can integrate the micropayment platform into the business of Yida Group and become our most important partner. "

Facing Li Zehua's request, Wang Jianning did not refuse. He smiled and said, "After this investment is completed, you will be the second largest shareholder of Yida Group. I have no reason to refuse.

You have also signed and approved the previous evaluation document. I personally believe that 288 billion is a figure that neither party suffers a loss. After the transaction is completed, Yida will obtain funds and resources.

At the same time, we will provide support for Qingyun Group's business in the north, especially in the northeast, which is a win-win cooperation."

"280 billion for a 25% stake, compared to the book value of over 600 billion, it's already a premium of nearly 100%."

Li Zehua pondered for a moment and gave his answer, "I don't want to talk about the high debt ratio and turnover speed. In fact, everyone understands that real estate development is very profitable at this stage.

Let's treat it as an exchange of resources between the two parties. Qingyun will help Yida successfully go overseas in the future, but the condition is that Yida Group will no longer get involved in new cultural tourism industries except the resort in the north. How about that?"

Wang Jianning smiled bitterly, "How dare I invest again? This series of pure capital operations almost made me gray-haired, and even my family fortune was almost lost.

No more, no more, there won’t be a next time.”

To be fair, Wang Jianning suffered a loss by acquiring a quarter of the entire Yida Group and shares of its core subsidiary Yida Commercial Management for 280 billion yuan.

With the current booming real estate industry in China, he can easily get a loan of 30 billion yuan by just asking for deals with a few commercial plazas in various places.

The key point is that this is not the attitude to solve the problem. After the rapid development in 08/09 and the first half of 10, Yida's own debt scale has reached a terrifying figure.

The series of measures recently introduced by the country to cool down the real estate market made Yida very uncomfortable and it almost fell into operational difficulties.

The listing application submitted to the Hong Kong Stock Exchange was rejected due to excessive risks.

The companies attempted to go public on the A-share market and rushed to the final stage, but were still constrained by policies and were unable to take the most critical step and obtain financing from the public market.

Yida was burdened with excessively high financing costs, and its limited operating profits were completely swallowed up by interest. This is also the reason why an investment of two to three billion yuan in a resort almost crushed Yida.

Lian Xiangfuxing Fanjiang Group also took advantage of the situation at that time and gradually took control of the strategic development direction of Yida Group. Subsequently, the two sides carried out hundreds of business collaborations.

As a result, everyone saw that most of the profits were divided up by the comprador group, which finally instigated the Yida Group to go overseas and take over the inferior assets of Yutai Capital.

Even without considering the loss of the actual purchasing power of the US dollar during those six years, the book loss alone was as high as more than 6 billion.

Wang Jianning has already sensed the ill will from Lianxiang Holdings. The other party doesn't want any shares, and even handed over the initiative to him. They are only focused on making income from lending, eating the meat while he takes the responsibility?

He was afraid that Li Zehua's Qingyun Group would do the same thing, but fortunately, it seems that they are willing to invest at a fair price and share the responsibility, and also provide financing assistance for the next project.

And most importantly, help Yida Group successfully complete its listing in Hong Kong or in Lijiaopo within three years.

"If it's not for asset transfer, the cultural tourism strategy is pure loss-making, and there won't even be any peripheral business."

Wang Jianning explained, "I am not talking about your sharing economy, at least it can analyze user behavior, determine whether the user is high-quality, and provide interest-bearing lending services.

By the way, the funds from advance consumption can be used to expand the sales of other industries of the group, and to obtain high-value business information through advertising business and big data models.

But this cultural tourism is really hopeless. Just a resort like this requires an investment of two to three billion yuan. If calculated based on bank loans, the interest alone would be more than ten billion yuan per year.

The data given by my business team shows that the annual reception volume cannot even reach 3 million people. How long will it take to recover the investment cost?"

“So it’s too difficult to earn hard-earned money by honestly working in the real industry. Everyone wants to take shortcuts, and it’s so easy to make money in finance!”

Li Zehua couldn't help but sigh, "If we follow Lian's plan and use our connections to create a standard template in the resort area of ​​Jilin Province,

The actual investment is 200-300 billion yuan. Even 10 billion yuan of own capital is not needed, and the rest will be all loans. After the project is completed and revenue is generated, the contracting entity will be changed.

Find a project name, make some cash flow and expected income, and then find a financial institution to mortgage future income, tickets, parking lots, accommodation, catering and other income.

If all of them are split up and loaned out, another 20 to 30 billion can be raised in minutes. If ten or eight similar large-scale projects are set up across the country, an extra 200 to 300 billion in working capital can be generated in minutes.

Finally, they make domestic guarantees and foreign loans in the name of the company, and invest all the money overseas. In the future, they will declare bankruptcy due to insolvency at home, and the people abroad will live a life of luxury with the laundered hundreds of billions of dollars of clean money.

How perfect! "

Wang Sicong was sweating profusely after hearing this, "You must be joking. The real estate industry is so profitable now, why do you have to commit suicide? I am fed up with your pure capital operation.

If everyone does this, who will be down-to-earth in building the economy?"

"The key is that people don't let us do our work in a down-to-earth manner!"

Wang Jianning sighed, "Thanks to Mr. Li's reminder, I decisively invested in the construction of Xingcheng Yida Commercial Plaza. Otherwise, I would have stepped into the trap and would have been roasted on the fire now.

I can't move forward or backward, and I can be manipulated at will."

Li Zehua thought to himself that not only you, but even your precious son was cheated by Ali. If he hadn't gotten out of it early, he might have to go to jail again.

When prize-winning guessing was openly introduced into the live streaming industry, no platform could escape the influence. This is the reality of the world.

Some of the high-ranking figures, including those from large companies and groups, stepped forward to help solve the wrinkle problem of coins and arranged for the washing machine to spin in minutes.

At most, you can charge a 10-30% handling fee, and regard the rest as an investment in your network. After all, sooner or later you will have to give special care and rewards in the future.

Those who have no channels and no connections and cannot be seen in the light are miserable. Can 30% of them take a shower?

You have to wake up with a smile even in your dreams!

If you spend 30 yuan to take a shower, you have to be lucky to have yuan left. The same is true for the cryptocurrency circle. The most powerful washing machine in the world today is notoriously shady.

With an annual transaction volume of over 50 trillion US dollars, do you really think that everyone on the streets of London is a law-abiding citizen?
At least half of the black gold in there will be taken first, and the rest will be divided in half.

However, in this life, these compradors are in trouble. The real estate industry, their largest overseas channel, has been blocked, and Yida and Yongchuang no longer cooperate.

This forced Fuxing to return to his old business and re-enter the real estate industry to personally establish new overseas channels.

Yida, which has reached a strategic cooperation with Qingyun Group, will inevitably become the biggest competitor of Fuxing Group and even the entire Taishan Sect behind it.

"Luckily you took the initiative to send him in, otherwise the negotiations in Ji Province would be even more difficult. Even Yang Yuanqin, who wanted to control the company, is busy stabilizing the internal situation and has no time to spare."

Wang Jianning couldn't help but urge him, "If you have no objection, it's best to sign the contract soon, increase capital and expand shares as soon as the money arrives, and resolve the issue of the Jilin Province resort.

Only by traveling light can you unleash your full strength to meet challenges!"

"Okay, I'll arrange it as soon as possible." (End of this chapter)