After returning to the company, Li Feng was not affected by this incident, but began to study the corporatization of the Pioneer Fund with He Yunshu.

In the bustling office area of Fortune Treasure Company, an office was temporarily set aside as a temporary residence for Pioneer Fund Company for related work to prepare for the construction.

Today, there are three people in this office, of which He Yunshu is responsible for the entire project, and two staff members with different specialties are recruited to be responsible for the work formation.

The pioneer fund company, which has hundreds of millions of funds, will move from Xianhu City to Jiangzhou City, officially starting the journey to enter the country.

According to Li Feng's development plan, the early scale of Pioneer Fund Company was controlled at about 10 people, with He Yunshu in charge of team building, and Dream Company of the Overseas Investment Department, as a wholly-owned subsidiary, responsible for the promotion of overseas investment projects.

Jin Wenyan is the head of the overseas investment department and the deputy general manager of Vanguard Fund.

In the domestic market, Li Feng plans to link the Pioneer Fund with the Fortune Treasure payment platform, and carry out financing of wealth management projects through the Fortune Treasure platform, so as to expand the total scale of his own funds while obtaining a share of wealth management revenues, and become a venture capital fund focusing on high-yield projects.

In the field of domestic investment, Dahua Fund has always been a wall in front of Li Feng, especially its head Xu Jinlin, who has opposed Li Feng almost everywhere and set up many obstacles for him.

Therefore, Li Feng's cultivation of the Pioneer Fund actually has another purpose, which is to fight against the Dahua Fund, and even in the near future, to seize the dominant position of the Dahua Fund in the industry and compare Xu Jinlin's status as an industry leader.

Although the current UOB Fund is in the limelight, Xu Jinlin's investment vision for the future economy has always been problematic, and the growth rate of the UOB Fund will become slower and slower.

In this context, through a large number of industry-setting operations, the Pioneer Fund has the opportunity to gradually impact from the current scale of about 100 million to 1 billion.

As long as it can reach a volume of more than 3 billion, in fact, it will be qualified to wrestle with Dahua Fund, and at that time, it will not be so easy for Xu Jinlin to turn the tide in the investment market.

In the temporary office of Vanguard Fund, Li Feng and He Yunshu had further discussions on the next work.

"Li Feng, now the preparations are going very well, the talent recruitment work has been completed, as for the office space, we choose to be in the Shengyuan Road Yunbao Commercial Building, which is adjacent to the Fortune Treasure Company, and each decoration of the company is currently underway, and it will be officially used in about half a month. He Yunshu said.

"This progress is quite good, senior sister has worked hard. Li Feng nodded and said, "At the beginning, we have to inject 10 million US dollars into the Overseas Investment Department for the investment project of Dream Company in the United States." Li Feng said, "In this way, the remaining funds of the head office are only about 10 million yuan (according to the exchange rate of 1:8.27 in 2002), for the domestic market, the scale of the remaining funds is too small, coupled with the company's daily operation investment, there is not much liquidity that can be used for investment on the account, so I plan to open the financing channel of the Fortune Treasure platform and sell high-risk and high-yield wealth management products with higher returns than Tianfu Fund." ”

"This is a good idea, there are very few channels to raise funds, and selling wealth management products through the Internet is definitely the lowest cost path. He Yunshu said, "Li Feng, how about borrowing the Bank of Kyushu and issuing it by the Bank of Kyushu through the Fortune Treasure platform?"

"Fortunately, Kyushu Bank is the base camp of our funds, and only by building it well can our funds be safer and more efficient. Li Feng agreed.

At the beginning of the Fortune Treasure platform, the Bank of Kyushu gave great help, not only providing his settlement channels to attract funds for the Fortune Treasure platform, but also providing technical support.

Now, it's time to give back to them, so most of the current business of the Fortune Treasure Company is to try to cooperate with the Bank of Kyushu, firstly, the cooperative relationship between the two sides has been very deep, and secondly, it is also mutually beneficial, through the network effect of the Fortune Treasure platform, the current business volume of the Bank of Kyushu has also increased a lot, and the profit margin is rising.

"Okay, the domestic affairs will be left to you, if there is any difficulty, you can ask He Guojun for assistance. Next, I will go to the United States to discuss the establishment of the overseas investment department and the future work. Li Feng said, "In the short term, the overseas investment department is the highlight of our vanguard fund company, after all, the Internet companies in the American market have better growth and their capital operation is more mature." Therefore, the focus of our work in the future is to take root in the American market, first expand the investment business in this market, and then return to the domestic market. ”

If the domestic capital market really takes shape, it will be after 2010.

Prior to this, the total amount of the domestic capital market was very small, the proportion of Internet practitioners was small, and the growth of the project was not high, far from being comparable with the American market.

Especially around 2002, the total GDP of China at this time was only about 12 trillion yuan, equivalent to 1.5 trillion US dollars, and the per capita GDP was only more than 1,000 US dollars.

But the American market is different, their per capita GDP is more than 30 times that of China, the network infrastructure is developed, and the personal computer penetration rate is very high.

Moreover, the capital market of the United States is very developed, and the profit margin in the investment field is huge, especially the rise of the Internet industry represented by Silicon Valley, which leads the global economic growth.

In this case, it is definitely a good deal to lay out the American Internet market as soon as possible and be an investor in an American Internet startup.

"Okay, you can rest assured to go to the United States, as for the 10 million US dollars, I will operate as soon as possible and strive to transfer them to the account of Dream Company as soon as possible. He Yunshu said.

"There is one more thing, although it is only a preliminary idea, but I still want to discuss it with your uncle. Li Feng said.

"What is it?" He Yunshu asked.

"It's about building an Internet bank. Li Feng said, "I think about it and think that it is most appropriate to build an Internet bank based on the Bank of Kyushu, but this is just my wishful thinking, and I still need to listen to President He's opinion." ”