With the help of Wang Yuye, Ma Dingwen only took less than half a month to build the skeleton of Jiagu's forestry business management sector. In the final analysis, as long as there are core personnel, Jiagu is still very sufficient in terms of talent reserves.

Then, Qi Zheng officially put the idea of "establishing an industrial fund" on the agenda.

As the initiator of this idea, Ma Dingwen began his first appearance in the Jiagu system: "...... In China, industrial funds usually refer to the equity of unlisted enterprises in specific industries in the growth and maturity stage as the investment target, through participating in the operation and management of enterprises to achieve enterprise value-added, and with the help of IPO, equity sales, repurchases, management buyouts and other ways to exit to achieve income. ”

"It should be said that the agro-related industry fund is a new thing. So I don't think it's going to be a one-size-fits-all format. Whether it is based on the original fund to attract more capital into the fund, or the government takes the lead and enterprises sing the way to set up an industrial fund, as long as it is conducive to expanding itself, it is worth trying......"

After Ma Dingwen threw bricks and stones, Qi Zheng calmly looked around the venue and answered: "I think this idea is very inspiring. Let everyone come, it is necessary to make an assessment first, you may wish to talk about it. ”

Attending the meeting, there were Wang Yuye, the group's big housekeeper, Ding Xian of the Strategy Department, and Su Fang, the new boss of the Jiagu Finance Department.

"I think so. Wang Yuye first expressed his attitude clearly, "Isn't the agricultural industry fund just to invest in outstanding and potential agricultural enterprises or agricultural projects? ”

Although the group's cash flow is as abundant as a river as Xianming Rice, Jiagu Dairy, Qingyuan Beer and other businesses have been running at full capacity one after another, the pace of Jiagu's expansion will never stop!

"There is also news that the Ministry of Finance is taking the lead and jointly initiating the establishment of a special agricultural industry fund with a number of financial institutions, which is also the only 'national brand' of agricultural PE. It can be seen that the state also has ideas for encouraging the establishment of agricultural industry investment funds. ”

Wang Yuye's vision is obviously a higher level: "Moreover, the form of industrial fund is not the first in China. For example, the new energy industry fund and the new material industry fund have attracted more and more attention, and have also played a very important role in promoting the development of related industries. ”

Qi Zheng glanced at him in surprise when he heard this. In this way, Lao Wang has long begun to pay attention to the field of industrial funds?

If you think about it, it's not impossible.

As a big housekeeper, all the ways to get money make his eyes shine. Probably because the previous idea was not mature, or the time had not come, so it was not proposed. Now that it is officially put on the agenda, is there any reason not to agree with it?

It can be seen that the two bosses have made a decision, and Ding Xian did not repeat it: "Our strategy department has made a plan, the agricultural industry development fund should be different from the pure commercial investment that pursues profit maximization, and it is also different from the traditional financial free investment; In this case, we need a professional investment team. ”

"There was no problem with the team. Su Fang, the boss of the financial department, immediately answered.

The "Assassin" hedge fund under the Ministry of Finance, which seems to have been tepid in recent years, has been able to generate nearly a billion dollars in profits every year, and is one of the largest cash cows of Jiagu Group.

In addition to hedge funds, the Finance Department is also in charge of the Futures Risk Department, which hedges a variety of commodities such as soybeans, soybean meal, and rice involved in Jiagu, and is a rich talent in capital market financing and investment management.

"In the final analysis, the agricultural industry fund is also a kind of asset management, from project collection, due diligence, project valuation, transaction structure design, project negotiation to post-investment management of the invested project, project exit and other stages, our group has fully equipped with the ability of one-stop service. Although he has only just taken over the position of head of the financial department, Su Fang can be said to have participated in the growth of the financial department throughout the whole process, so he is full of confidence.

Ma Dingwen, who had just joined Jiagu, was shocked in his heart.

He hasn't had time to get a glimpse of the whole picture of Jiagu's system, but just the vigorous and upward spirit, vigorous execution and rich talent pool shown in front of him make him no longer hesitate to join the Jiagu team.

Ma Dingwen's inner turmoil is unknown, but the idea of the "Jiagu Agricultural Industry Fund" has been slowly improved in the evaluation of everyone.

Ding Xian of the Strategy Department continued to analyze: "Then, the next step is to determine the investment strategy of the fund, including the selection of projects and the screening of investors......

First of all, not all projects are suitable for industrial fund investment.

At least the grain, oilseeds, dairy farming, and pig breeding projects that have formed a mature model in the Jiagu system have not only entered the income cycle, but also have a fairly high rate of return, and have an "endogenous development momentum".

But if it is a traditional agricultural project with a long investment cycle and low returns, no matter how loud Jiagu's name is, it is not easy to make it - again, investors are not stupid.

Fortunately, as Wang Yuye said, there are really many high-quality and potential projects in the Jiagu system. And most of these projects have one thing in common - although the return is high, the investment cycle is long.

"The yew project will be the first investment project of the industrial fund. Qi Zheng gestured to Ma Dingwen.

Ma Dingwen smiled unconsciously, and the others had no opinion.

This project is a perfect fit for the positioning of the industrial fund – Jiagu has mastered advanced technology and high-quality varieties, has a mature business model, has a good expected return, and best of all, to some extent, it is not the main business of the Jiagu system. In other words, failure doesn't hurt your bones.

Of course, no one will feel like a failure.

Qi Zheng clasped his hands in front of his chest and said slowly: "It's good to raise 5 billion yuan in the first phase of the industrial fund." But I would like to make it clear that investors can own shares in the project, but the ownership and management rights are separated. In other words, investors can only share in the assets and income of the fund based on their shares, and cannot dictate project management decisions!"

The corners of Ma Dingwen's mouth twitched twice, such harsh conditions, and "5 billion is good"?

The others looked at each other as well.

Now they all pay attention to saying that being rich is an uncle.

But in Qi Zheng's words, it's useless to have money?

For a moment, everyone turned their suspicious eyes to Qi Zheng.

Qi Zheng stretched out his hands and said in a firm tone: "Of course it is useful to have money, but I just want to set the tone, in our industrial fund, Jiagu is the uncle!"

......