After listening to the slightly trembling words in Chu Yunfei's voice, Li Yan smiled and said, "How do you want me to help you?"

Chu Yunfei paused for a moment, he couldn't hear whether it was ridicule or something else in Li Yan's slightly stubborn question, but after muttering for a long time, he still gritted his back molars and said a word: "Money!"

"I'll help you find money, and I'm confident I can help you find it. Li Yan responded with a smile.

Everyone in the room was stunned, everyone looked up at Li Yan, and everyone's eyes were complicated. After Li Yueqing and Li Yueting glanced at Li Yan, they suddenly glanced at each other.

Chu Yunfei on the phone was stunned for a long time, and his voice seemed to come directly from his throat and asked, "You...... You...... What you said is true, why are you helping me find money, how are you helping me find ......?"

Li Yan smiled and said, "I'm confident! Now I ask you if you believe it, right?"

"You...... Where does the confidence come from?" Chu Yunfei subconsciously muttered, and said like a dead horse as a live horse doctor, "I...... I believe you, but you have to tell me your rough plan!"

Li Yan smiled and said, "I'll introduce a strategic investor to you!"

"Whoa......" Chu Yunfei coughed for a long time as if he had choked on saliva.

After Li Yan was silent for a moment, he knew that Chu Yunfei didn't believe that he could introduce a strategic investor. He took out his mobile phone from his pocket and glanced at it a few times, and said, "I got an update, which has not yet been announced, but it will be announced in the next two days." ”

"What?" Chu Yunfei asked.

Li Yan looked down at his mobile phone and read word by word, "In order to alleviate the liquidity risk of listed companies, the support from the regulator is speeding up the landing." ”

"Ang?" Chu Yunfei and Wu Chaoqun all frowned.

Li Yan continued, "The securities regulatory bureaus of Beijing and Shanghai and various localities will soon issue the Notice on Supporting Securities Companies to Actively Participate in Resolving the Risk of Stock Pledge of Listed Companies and Supporting the Development of Private Enterprises. ”

After Chu Yunfei listened to Li Yan's words, his voice changed slightly, and he asked in a sharp voice like a big man in Dongchang, "What you said is true?"

Li Yanen said, "Yes, and six special measures have been given to encourage securities companies to raise social funds with their own funds or through multiple channels, and participate in them through the establishment of asset management plans." And let me tell you, their relevant investment must adhere to the financial investment, and do not seek actual control as the starting point to help the major listed companies!"

This news is completely a timely rain for the CEOs of listed companies like Chu Yunfei.

"Gollum ......," Chu Yunfei, who swallowed his saliva, asked, "Six special measures to support ...... What kind of support is it?"

Li Yan looked down at the screen of his mobile phone, and the content in the transcript mainly elaborated on some contents, the core content is different from the tens of billions of relief fund support programs in many places across the country, and the support plan of the regulatory layer is more about the "green channel" and policy incentives at the top level.

When Li Yan first looked at it, he found that this notice is expected to bring six tangible benefits to the securities companies involved.

"Mr. Chu, let me tell you this, first of all, you can break through the limit of the market value or scale of the securities held. The notice pointed out that if the market value of an equity security exceeds 5 percent of its total market value, or the scale of holding a non-equity security exceeds 20 percent of its total size, the securities company shall not be deemed to have violated the regulatory standards according to the provisions of the calculation standards for risk control indicators of securities companies!" After Li Yan finished speaking, he paused to listen to a heavy wheezing sound coming from the mobile phone on the desktop.

Subsequently, Li Yan did not wait for Chu Yunfei to react, and continued, "Reducing risk capital reserves is expected to release more liquidity." From my personal understanding, all securities companies participating in the subscription of various asset management plans specifically used to resolve the risk of stock pledge of listed companies and support the development of private enterprises will be halved to calculate the market risk capital reserve. ”

What is Capital Provision?

Venture capital market is a concept corresponding to the general capital market, and it is a sub-market with greater risk in the capital market. The general capital market is a market for high-level and relatively mature large and medium-sized enterprises to raise long-term capital, which includes the securities market, private equity financing market and project financing market in the usual sense.

In other words, the brokerage has to eradicate these contents and prepare money! If it can be halved......

"Why are there so many good tilts? This is the rhythm of the sun!" Chu Yunfei muttered subconsciously, and Li Yan hummed and said, "What's more! For example, the scale of investment is directly linked to the evaluation, and a maximum of 3 points can be added." The circular also states that if the actual investment scale of securities companies to resolve the risk of stock pledge in the form of "asset management plan for supporting the development of private enterprises in the securities industry" reaches more than 20 billion yuan, 10 billion yuan, 5 billion yuan, and 2 billion yuan, they can get 3 points, 2 points, 1 point, and 05 points respectively in this year's evaluation!

Few people know that the broker's score is directly linked to money. One point is ten million. These distributions are stored at the top level, and points will be deducted if there is a problem, starting from 0.5......

Of course, the score may not be a lot of money, but the meaning of this is unusual.

Li Yan continued: "I mainly have a article worth mentioning, which says that the private equity investment fund management subsidiary of a securities company approved by the Institutional Department of the China Securities Regulatory Commission and meets the requirements of the standard rectification can set up a special secondary private equity investment fund management subsidiary to participate in resolving the liquidity risk of private listed companies!"

Chu Yunfei sighed, as if he didn't understand what the truth was in this.

Li Yan continued with a grin: "In addition to what has just been said, this notice also stipulates that the new on-exchange stock pledge transactions of securities companies in order to solve the existing default contracts shall not be recognized as new contracts; ”

After Chu Yunfei heard Li Yan finish speaking, he couldn't help but ask, "It's so good, when will it land?!"

"I don't know exactly when, but I know that the issuance of this notice is not unrelated to the recent high-level promotion of a number of securities companies to jointly fund the establishment of the "Securities Industry to Support the Development of Private Enterprises Asset Management Plan". As soon as Li Yan finished saying this, Li Yueting on the side couldn't help but ask, "There is such an asset management plan, why have I never heard of it?"

Li Yan glanced at Li Yueting and didn't speak, while Wu Chaoqun on the side snorted and said, "There are still many things you don't know!" "Actually, before I told you this information, the securities industry association of Huaxia had already expressed the intention of a number of securities companies in a small area, and invested 20 billion yuan to set up a parent asset management plan to help listed companies with development prospects relieve the difficulties of equity pledge. ”

Li Yan actually didn't know that in the recent issue of relieving the liquidity of listed companies and major shareholders, the voice from the regulator has not stopped. At present, the top management attaches great importance to the development of small and medium-sized enterprises. Not long ago, the governor of the central bank also publicly stated that the central bank is studying the continuation of targeted measures to alleviate the financing difficulties of enterprises. Promote the equity financing support plan for private enterprises, support qualified private equity fund managers to initiate the establishment of private enterprise development support funds, and provide equity financing support for private enterprises with financial difficulties.

At the same time, the chairman of the China Banking and Insurance Regulatory Commission also said that it is necessary to increase the financial and strategic investment of insurance funds in high-quality listed companies, and allow insurance funds to set up special products to participate in resolving the liquidity risk of stock pledges of listed companies, and not to be included in the supervision of equity investment ratio.

Chu Yunfei sighed softly, and muttered indistinctly, "It's not like I've never heard of what you said." Didn't the top management of the China Securities Regulatory Commission (CSRC) also say a few days ago that it would encourage all kinds of funds, qualified private equity investment funds, and asset management products managed by local governments to separately or jointly organize new funds to help listed companies with development prospects but temporarily mired in operational difficulties to alleviate the dilemma of stock pledges and promote their healthy development?"

Li Yan sighed, because he didn't know much about the specific situation, so Li Yan also interjected.

"As for the issuance of the notice, in fact, I would prefer to know about some specific measures!" Chu Yunfei muttered softly.

"You don't have to worry about the landing level, the exchange has actually responded positively before. And I also learned that a medium-sized brokerage took the lead in active underwriting, and several small brokerages jointly sold bail-out projects. It's not big at the beginning, maybe it's only 1.8 billion, but I think it's a good start.

Chu Yunfei still asked a little unsteadily, "If the asset management plan really becomes a strategic shareholder, will it plan to hold a general meeting of shareholders in my company, re-elect the board of directors in accordance with legal procedures, and let me accept the asset management plan and appoint directors and other management personnel to participate in the company's operation and management decisions?"

Li Yan shook his head a little helplessly, looked up at Wu Chaoqun and the others, and then said with a smile: "I just said that this asset management plan made by the brokerage company, people are mainly here to make money, to take equity from listed companies? Do they still want to enjoy the dividends of stock prices and at the same time enjoy the return of principal interest rates? Do you think they are really willing to do things that may suffer losses inside and out?"

........................

After listening to the slightly trembling words in Chu Yunfei's voice, Li Yan smiled and said, "How do you want me to help you?"

Chu Yunfei paused for a moment, he couldn't hear whether it was ridicule or something else in Li Yan's slightly stubborn question, but after muttering for a long time, he still gritted his back molars and said a word: "Money!"

"I'll help you find money, and I'm confident I can help you find it. Li Yan responded with a smile.

Everyone in the room was stunned, everyone looked up at Li Yan, and everyone's eyes were complicated. After Li Yueqing and Li Yueting glanced at Li Yan, they suddenly glanced at each other.

Chu Yunfei on the phone was stunned for a long time, and his voice seemed to come directly from his throat and asked, "You...... You...... What you said is true, why are you helping me find money, how are you helping me find ......?"

Li Yan smiled and said, "I'm confident! Now I ask you if you believe it, right?"

"You...... Where does the confidence come from?" Chu Yunfei subconsciously muttered, and said like a dead horse as a live horse doctor, "I...... I believe you, but you have to tell me your rough plan!"

Li Yan smiled and said, "I'll introduce a strategic investor to you!"

"Whoa......" Chu Yunfei coughed for a long time as if he had choked on saliva.

After Li Yan was silent for a moment, he knew that Chu Yunfei didn't believe that he could introduce a strategic investor. He took out his mobile phone from his pocket and glanced at it a few times, and said, "I got an update, which has not yet been announced, but it will be announced in the next two days." ”

"What?" Chu Yunfei asked.

Li Yan looked down at his mobile phone and read word by word, "In order to alleviate the liquidity risk of listed companies, the support from the regulator is speeding up the landing." ”

"Ang?" Chu Yunfei and Wu Chaoqun all frowned.

Li Yan continued, "The securities regulatory bureaus of Beijing and Shanghai and various localities will soon issue the Notice on Supporting Securities Companies to Actively Participate in Resolving the Risk of Stock Pledge of Listed Companies and Supporting the Development of Private Enterprises. ”

After Chu Yunfei listened to Li Yan's words, his voice changed slightly, and he asked in a sharp voice like a big man in Dongchang, "What you said is true?"

Li Yanen said, "Yes, and six special measures have been given to encourage securities companies to raise social funds with their own funds or through multiple channels, and participate in them through the establishment of asset management plans." And let me tell you, their relevant investment must adhere to the financial investment, and do not seek actual control as the starting point to help the major listed companies!"

This news is completely a timely rain for the CEOs of listed companies like Chu Yunfei.

"Gollum ......," Chu Yunfei, who swallowed his saliva, asked, "Six special measures to support ...... What kind of support is it?"

Li Yan looked down at the screen of his mobile phone, and the content in the transcript mainly elaborated on some contents, the core content is different from the tens of billions of relief fund support programs in many places across the country, and the support plan of the regulatory layer is more about the "green channel" and policy incentives at the top level.

When Li Yan first looked at it, he found that this notice is expected to bring six tangible benefits to the securities companies involved.

"Mr. Chu, let me tell you this, first of all, you can break through the limit of the market value or scale of the securities held. The notice pointed out that if the market value of an equity security exceeds 5 percent of its total market value, or the scale of holding a non-equity security exceeds 20 percent of its total size, the securities company shall not be deemed to have violated the regulatory standards according to the provisions of the calculation standards for risk control indicators of securities companies!" After Li Yan finished speaking, he paused to listen to a heavy wheezing sound coming from the mobile phone on the desktop.