Chapter 604 New Ideas for Solving Cash Flow Problems
This time, Lin Yuting was determined to be bound to Li Feng's business, so she knew that her total funds were insufficient and she could not occupy a large number of shares in Li Feng's project, so she had to turn to her father Lin Zhenmin for help.
When Lin Zhenmin knew that his daughter planned to invest in Li Feng's group company, he immediately agreed without saying a word, and gave her maximum support, specially approved 200 million funds for her to use, and promised her that if she needed it later, she could add it at any time.
Although Lin Zhenmin is the richest man in Xianhu City, most of his assets are fixed assets and stocks, and it takes a process to realize them. And his real cash assets are about 500 million, and this time he is willing to take out 200 million yuan to invest in his daughter, which is equivalent to moving his coffin book, which also fully shows that he is very optimistic about Li Feng's group company.
With 200 million on hand, plus the funds of Pioneer Fund Company, Lin Yuting suddenly had sufficient confidence.
This is 2003, and the liquid cash can reach the level of 10 million, and hundreds of millions of funds are enough to make a big business. You must know that 200 million yuan of liquidity, even for a large company like Dahua Fund Company, cannot be raised immediately. It can be seen that Lin Yuting's father's strength this time is really unprecedented.
"What, do you still think it's missing?" Lin Yuting asked with a wink.
"No, I think your dad is too powerful, so much money has been given to you, I'm afraid his cash flow will be reduced by half. Now if you want to be a member of our group board of directors, I'm afraid you can. Li Feng said with a smile.
"Hehe, that's the best, I just want to be a member of your board of directors and participate in the major decisions of the group. Anyway, the focus of our next investment is your New Dream Group, so I am also responsible for my funds, and the growth of your group's performance is directly related to our interests. Lin Yuting drank coffee and said, "Li Feng, these two hundred million funds, you can help me think about how to invest?"
"Hey, you figure out your position, these two hundred million are used to buy my shares, and you still want me to give you a package? Li Feng couldn't laugh or cry.
"What's wrong with a package, as far as I know, the liquidity in your group company's current account is probably not even 20 million, this money for you, suddenly expanded the liquidity tenfold, and you can do a lot of big things immediately. Lin Yuting said.
"Looks like I've got a big gift package for you, and I have to thank you. Li Feng was helpless.
"What is a gift package, this is called mutual benefit, do you understand. Lin Yuting said.
On the one hand, it is to continue the in-depth construction of the credit evaluation system, and at the same time promote the construction of the group's data center, on the other hand, Li Feng also has to do a good job of related work for the next technical reserves, which cannot generate cash flow in the short term, and must continue to increase investment, so the group's liquidity has been tight, and many tasks can only be slowly advanced for the time being.
If you get the 200 million yuan invested by Lin Yuting, you can indeed quickly start a number of projects and accelerate the development of the group.
And some of the projects have reached a certain level of financing, and even can plan to go public, and now the whole group is still far from going public, but some of the group's projects can enter the stage of planning for listing early.
If a single listing is carried out according to the maturity of the project, then the group's cash flow can be continuously guaranteed, and the financial support of subsequent projects can be well guaranteed.
Among all Li Feng's entrepreneurial projects at present, there are not many projects that really have potential and can be listed in the short term, and the most valuable one is the mixed yuan game company.
Now this company's online game business is quite hot, if this company is packaged, so that it can be listed next year, then the company's overall valuation can reach the level of 15 to 2 billion, which is already a giant level among domestic game companies, and it is also in line with the general scale of such companies to be listed.
Now the cash flow situation of the company is very good, without starting the development of new projects, the profitability of the old project continues to increase, once the company is listed, its ability to create cash flow is the boss in the entire group company, and the company's Li Feng's degree of control is very high, Li Feng can obtain a large amount of cash flow through dividends.
The money can be used to support the development of the e-commerce sector, while also providing financial support for mobile phone research and development projects.
It seems that Lin Yuting's investment this time has given Li Feng a new inspiration, that is, it has opened a new warehouse for the group's cash flow.
As long as two or three mature projects are incubated through this fund, and the group's cash flow will not have to worry about through packaging and listing, and the development of many projects in the future will have sufficient financial guarantee.
In particular, the field of e-commerce and mobile phone research and development, these two fields are currently important investment points for the whole group, and the amount of funds required is very large, and the time cycle is also very long, so we must be prepared to fight a protracted war.
Especially in the field of mobile phone research and development, Li Feng wants to seize the opportunity of the future mobile Internet and develop smart phones and operating systems as early as possible, so the research and development investment in the past two years will be very huge, so large that it will even occupy half of the group's financial resources.
Therefore, until the development of mobile phones is not successful, the group's cash flow will become a long-term prominent issue.
Lin Yuting's investment this time opened up a new idea for Li Feng, that is, to chase and cultivate, and go public step by step. In order to achieve long-term stability of the group's internal cash flow, a large amount of R&D investment can obtain sufficient funding sources.
After sitting in the coffee bar for more than an hour, the time was about the same.
"Let's get ready, we're almost going to the venue. Li Feng put down the coffee cup and said.
"At this conference, you have to make persistent efforts and perform well. Lin Yuting said.
"When the time comes, there will be a sub-forum for investment institutions, don't forget to show yourself and see what new investment insights our beautiful investors have. Li Feng replied to her.
Lin Yuting knew that Li Feng was deliberately squeezing her, but when she heard his so-called beautiful investor, she couldn't help blushing slightly, and she was in a good mood: "Okay, when the time comes, you can listen obediently to the side." ”
The two were about to get up, when He Guojun called, saying that the relevant matters at the venue had been contacted, and arranged the relevant affairs for Li Feng for the next meeting activities.
"Let's go. Li Feng and Lin Yuting left the airport together and went to the venue of the first e-commerce exchange conference.