Baimo Bicycle and Pai Shou Loan held a grand strategic cooperation signing ceremony in the magic capital.

Fu Weiwei announced at the meeting that in the next three years, Pai Shou Loan will become the exclusive financial partner of Bymotorcycle. Baymore joins hands with Clap Loan to provide users with the most convenient and high-quality financial services......

Zhang Jun, CEO of Clap Loan, said:

Founded in 2007, Paishoudai is the earliest P2P company in China, and has received a total of three rounds of financing of nearly 100 million US dollars so far......

I chose to cooperate with Baimore to let the light of inclusive finance spread to the land of China......

Next, Clapping Loan and Baymore will focus on financial investment, consumer credit, credit big data and other aspects of work......

Let finance be within reach, and credit will change China!"

When the news reached the capital, Zhang Yida just laughed and put the matter aside.

Fu Weiwei's imitation is indeed not slow, but the gap between Baimo and Huimin Bicycles is getting wider and wider.

Baimocai has raised $30 million, while Huimin has raised $175 million.

At present, Baimore operates a total of 70,000 bicycles, distributed in four first-tier cities of Beijing, Shanghai and Pengyang.

The second batch of 600,000 bicycles of Huimin has successfully rolled off the production line and began to be shipped to all parts of the country.

With the previous 120,000 units, Huimin now operates a total of 720,000 bicycles in 46 first- and second-tier cities, including Beijing, Shanghai, and Pengyang.

As for Xiaolan Bicycle, Xiaoming Bicycle, and more than a dozen newly established bike-sharing companies, not to mention comparing with Huimin, take Baimo as an example, they can easily crush them.

The second and third echelon bike-sharing companies such as Xiaolan Bicycle and Xiaoming Bicycle are not idle.

Seeing that the first-echelon Huimin and Baimo have started to launch or prepare financial products, they have also talked to financial companies about cooperation.

However, because they are too small, they have no right to speak when discussing cooperation with leading P2P companies, so they can't get too generous conditions.

As a result, some bike-sharing companies have hit the idea to second- and third-tier P2P companies......

The two sides hit it off, the second- and third-tier P2P companies lack customers and funds, and the second- and third-tier echelon bike-sharing companies also want to get higher cooperation commissions.

In this way, each bike-sharing company has found an Internet financial company to become its financial partner, and has come to a weak alliance.

Within a few days, the bike-sharing companies on the market were basically wiped out by Internet finance companies.

......

"Yimin Wealth Management + Yimin Puhui will be reorganized into Yimin Netfinance Group next, and at the same time launch the B round of financing, which is also the last round of financing before listing, that is, the Pre-IPO round of financing.

At present, the cumulative turnover of Yimin Wangjin Group has exceeded 20 billion, and the balance to be collected exceeds 5 billion.

In terms of data volume, in China, except for Lufax, we have surpassed any other P2P company.

Behind Lufax is Anping Insurance, as well as other businesses other than P2P, such as asset management, wealth management, funds, insurance, bonds, and a lot of other things.

Simply taking out the P2P business, Yimin Netfinance Group is not necessarily weaker than them.

Yimin Wangjin Group wants to raise US$100 million this time, and in addition to part of the funds invested in the construction of offline loan stores, the rest will be used for online capital acquisition of customers.

Yimin Wangjin Group is expected to be listed in the second half of this year, and our goal is to achieve a turnover of 30 billion yuan and a balance of 10 billion yuan before listing. ”

In the conference room of Yimin Group, Zhang Yida shared his vision for the future with a group of investors.

"In just one and a half years, Yimin Wangjin Group has made such remarkable achievements, and Mr. Zhang deserves to be the hero of the younger generation!"

A middle-aged man wearing gold-rimmed glasses said that he was the vice president of Goldman Sachs Asia in a suit and leather shoes, and he was invited by the beneficiary group today to come over to discuss financing.

"Goldman Sachs is very interested in participating in the B round of financing of Yimin Netfinance, and Goldman Sachs can also contribute to the listing of Yimin Netfinance in the United States in the future.

I just don't know what the valuation of Yimin Net Gold is?"

Changqing was afraid that Zhang Yida would open his mouth, and he also deliberately emphasized that Goldman Sachs could give some help in the listing of Yimin Net.

"Valuation! I hit it off with Mr. Cheng at first sight, so let's discount it! $2 billion is fine. ”

Zhang Yida smiled very sincerely, looking at Changqing with a sincere look.

Changqing swallowed his saliva, looked at Zhang Yida with a smile, and said:

"Mr. Zhang is not joking!

$2 billion! Too much overestimate! Yimin Netfinance Group has estimated internally that $1 billion is a reasonable price.

As far as I know, Yimin Wangjin Group has only received $50 million in this round of financing from Blackshirt Capital and Zhenke Fund!

At that time, the valuation was only 500 million US dollars!

Together with the four companies of Yimin Wealth, Yimin Loan, Ruimin Wealth Management, and Huinong Loan, the valuation of 2 billion US dollars together is about the same.

Yimin Netfinance is just a subgroup spun off from Yimin Holdings, with a valuation of about $1 billion.

What do you say? Mr. Zhang. ”

Zhang Yida smiled and said:

"Lending Club officially launched in the U.S. last month, with an offering price of $15, and closed at $23.43 on the first day, a 56.20% increase from the offering price.

What is the market capitalization?

$8.5 billion!

What is the total turnover of Lending Club? At the end of last month, it was $7 billion.

What is the transaction size of Yimin Wangjin?

$3.26 billion!

Based on this, the valuation of Yimin Netgold should be at $4 billion, which is the most reasonable valuation range.

However, considering the friendship between Yimin Netfinance and Goldman Sachs, as well as the subsequent cooperation between the two parties in underwriting and listing, I gave Goldman Sachs a 5% discount.

The price of $2 billion is not high at all, it is purely a friendship price. ”

Chang Qing shook his head again and again, and said with an excited face:

"Lending Club, did you notice that it had a price-to-earnings ratio?

1272 times! The bubble is too big.

Those on Wall Street are crazy, and I'm sure a lot of shareholders will take the opportunity to reduce their holdings after the lock-up period.

Then there is a "bang", and the stock price will definitely collapse. ”

Speaking of this, Chang Changqing felt that his tone was too aggressive, so he calmed down again, and said to Zhang Yida in a calm tone as much as possible:

"Mr. Zhang, you have to know. Lending Club is a homegrown U.S. company and the world's largest P2P lending company.

So it enjoys too much of a premium!

Yimin Netfinance is a Chinese company, and its scale is not as large as LC, and its listing is also behind it, so it cannot enjoy such a high premium.

Therefore, we have to rationally analyze the valuation of Yimin Netgold!"

Zhang Yida did not agree with his words, and said:

"Online finance is the trend of the future! The rise of P2P is unstoppable.

Ahri has set up a network of gold societies and Ant Fortune, Qiandu has taken a stake in Yiyin Loan, Anping Insurance has established Lufax, and the National Open Bank has established Happy Loan......

So many giants and even countries are laying out this field, which is to see the trend of the future.

Taking 10,000 steps back, LC's valuation before listing is also $4 billion!

Yimin's net gold volume is almost half of his, and the valuation of $2 billion is definitely not overestimated. ”

Changqing naturally knows that P2P is the future development direction! Otherwise, who will come all the way to your company to talk to you about buying shares?

$2 billion is indeed a bit beyond his psychological bottom line, he bowed his head and remained silent.

Seeing this, Zhang Yida added another fire and said:

"The overdue rate of LC is 1.27%, and that of Yimin Wangjin is 0.8%, and the asset quality is still more stable than ours. ”

Chang Qing is also a knowledgeable person, and said with a smile:

"Mr. Zhang, everyone understands people, it's not interesting for you to say this.

It can be written in the prospectus, but it is better to be honest with partners.

Isn't it popular to advance in the industry? If the overdue is overdue, the company will advance in advance, and the company is responsible for recovering the overdue creditor's rights.

Bad debts are also bought out by P2P companies and covered by allocations from profits.

Not to mention the 0.8% overdue rate, I believe that the 0% overdue rate can be done. ”

Zhang Yida was slightly shocked in his heart, he had done his homework in advance!

But he still had a smile on his face, and continued:

"$2 billion is definitely not a loss. You must know that Yimin Netgold has only been operating for a year and a half, and it has been able to achieve its current scale because it has stepped on the outlet.

A big guy once said that when you stand on the tuyere, pigs can fly.

I guess I'm a little better than a pig!

The annual transaction scale of Yimin Wangjin this year is more than 10 billion, 250-30 billion in 15 years, 500-60 billion in 16 years, and 800-100 billion in 17 years.

In the next three years, the total turnover is likely to reach 1500-200 billion.

You also see that the industry is booming now, with new P2P companies being established every day, and one or two thousand new companies are added a year.

As the leader of P2P in China, we can also maximize the development dividends of this wave.

Yimin Netgold, the future market value of 10 billion US dollars is not very far away.

Mr. Cheng, think about it!"

Changqing was deeply attracted by the career blueprint depicted by Zhang Yida. He is also thinking in his heart that Yimin Netgold has only been established for more than a year, and the transaction scale is 200 billion.

In another three or four years, the scale will be 10 times larger, reaching 200 billion.

Even if the valuation is not magnified by 10 times, magnified by 5 times is a good high-return project.

After thinking about this settlement, he no longer hesitated, thinking in his heart that he must promote the completion of the investment in this project.

If he earns a five-fold return, this is also his performance in office! It will be very helpful for his subsequent promotion and salary increase.

"Mr. Zhang, after talking to you today, I realized that you are ambitious!

I kind of understand the reason why your career is so successful at such a young age.

That is to dare to think, dare to do, dare to be!"

Changqing was indeed deeply attracted by the cake painted by Zhang Yida, and the P2P business was in full swing at this time, and the industry was in full swing and the industry was in full bloom.

Who knows what the next few years will hold?

Whether to continue to climb all the way, or to take a sharp turn.

Only Zhang Yida knows, but he must pretend not to know!