"Justice League?"

Although Huang Xin was also a little drunk, he still felt that this name was too secondary, looking at Zhang Yida's young face, he couldn't help but think of himself when he was young.

When I was young, I gave up my doctorate in the United States and returned to China to start my own business.

The first time I started a business, I started a classmate network, and at that time, I was also as high-spirited as Zhang Yida, pointing out the country and promoting words.

But soon after, he was beaten by life, and he had no choice but to sell his classmates' network, and ended his first business in a gloomy way.

Huang Xin couldn't help but persuade:

"Yida, since you call me a new brother, I can't help but persuade you a few words.

When I first founded the Classmates Network, I wanted to scare the sky and the air just like you, but you should know that.

Now we are still in the entrepreneurial stage, and we have not yet reached the maturity stage. Compared to the giants, they are already adults, and we are fragile children.

Do children fight with adults?

At this stage, I would like to give you two suggestions:

The first is to work hard to build a solid foundation.

Second, it is to accumulate grain and slowly become king. It's okay to pretend to be a grandson in front of the giants first, and let them take a little stake if necessary.

Don't just do it with them at this stage, they have the money, the resources, the technology. You play against them, and the best case scenario is a stalemate.

What if you are at a stalemate? Your peers will overtake you. ”

Huang Xin's face was serious, and he also admired Zhang Yida more, and he couldn't bear to watch him jump into the pit before reminding him.

After Zhang Yida heard these words, he sobered up a lot. It's been a smooth journey!

What if Ahri advertises investing 10 billion yuan to subsidize mobile payment at this stage?

It is estimated that investors will persuade themselves to withdraw their troops!

If you haven't beaten someone, not only will you be injured, but also your medical expenses will not be paid, and you will lose your ability to work and you will not be able to take care of yourself.

The foundation is still too thin! Even a ruthless person like Huang Xin has to be accompanied by a smiling face in the face of giants.

Zhang Yida nodded at Huang Xin and said respectfully:

"Thanks to the new brother for the suggestion. I'll definitely think twice. ”

Huang Xin glanced at Zhang Yida appreciatively and said:

"There's some truth to that alliance you're talking about. But it's still too early.

By the time the four of us combined can catch up with the market value of a giant, we will almost be able to form this alliance.

If you do it now, in addition to being smiling and generous, it will also expose your firepower and attract the encirclement and suppression of giants. ”

Zhang Yida was silent, feeling that he was indeed too tender and too taken for granted.

......

Following.

In the conference room of the magnesium group, negotiations resumed.

Investors from all sides are very opposed to Huayi Capital, a newcomer in the industry, to get a piece of the pie.

In particular, Ahri is the most opposed, and Ahri's investor representative directly released cruel words:

"If the share of Ahri's investment in this round is less than $150 million, Ahri will withdraw from this round of financing. ”

Come on, Ahri's share can't be moved, so let's cut the share of Blackshirt Capital and Transatlantic Investment!

Lei Dongming, on behalf of Huayi Capital, also attended the meeting and had a good war of words with investors from all walks of life.

The situation has been deadlocked, Huang Xin couldn't stand it anymore, and spoke directly:

"Ahri 150 million, the other three 50 million each. It's decided, don't fight around. ”

Huang Xin is still a major shareholder and the soul of the company, and his words are quite effective.

Ahri secured his share of the investment, of course, no comment. Although the black shirt and the Pan Pacific were a little dissatisfied, they could only pinch their noses and agree.

In the end, the four institutions signed a Series C investment agreement with the magnesium group, and according to the pre-investment valuation of US$2.7 billion, Ahri led the investment of US$150 million, Huayi Capital, Black Shirt, and Pan Pacific each invested US$50 million.

Huayi Capital obtained a 1.66% stake in the magnesium group, although it is not much, but the three small giants in the mobile Internet era are all on the bus.

In another year or two, Huayi Capital will be a star venture capitalist. It is almost foreseeable that a new generation of venture capital giants will rise unstoppably.

......

In the office of the chairman of Yimin Financial Services Group, Zhang Yida looked at the operating data and financial statements on the table, and sighed that he hadn't come here for a long time, and this change was a bit big!

The turnover of Yimin wealth has reached 1.3 billion, and the pending income is also 1.3 billion, and at the same time, it has maintained a growth of two or three billion yuan per month.

At present, the total turnover of Yimin Wealth Management has reached 5 billion, and 1.2 billion is to be collected. The turnover in a single month has exceeded 1 billion, and it is still maintaining rapid growth.

The two platforms are combined, with a total turnover of 6.3 billion and 2.5 billion to be collected.

Last year's bet with Black Shirt Capital has been completed!

At that time, it was agreed with Shen Beipeng that the platform's annual transaction volume reached 5 billion yuan in 14 years, and the pending receipt reached 1 billion yuan, which would be regarded as a qualified VAM.

The completion of 7.5 billion transactions, 1.5 billion to be collected is regarded as the completion of 50% of the VAM excess, and the black shirt capital has an additional 25 million US dollars, and only occupies 10% of the shares.

Next month, in the middle of the year, we should be able to exceed this goal.

Don't notify Shen Beipeng first, and give him a surprise next month.

Zhang Yida continued to read.

As of May, a total of 1 billion loans have been released, and the monthly loan amount of more than 3 billion yuan continues to rise.

On the side of Yimin Puhui, the two loan stores in Beijing and Rongcheng have lent a total of 300 million, and the monthly loan of a single store has exceeded 50 million.

In addition, Yimin Wealth and Yimin Wealth Management also provided 500 million yuan each for Le Installment and Miao Installment for them to do cash lending and commodity installment.

In terms of income, the interest rate of Yimin Loan is 24%-36%, the average loan term is 4 months, and the 1 billion loan creates a total revenue of 100 million yuan.

Yimin Puhui focuses on offline lending, with strict risk control, low risk pricing, an interest rate of 24%, and a long loan term of 6-12 months. 300 million loans to create revenue of 54 million.

Le installment and Miao installment are 10 billion, with a cooperation period of 3 months, an interest rate of 20%, and a revenue of 50 million.

The total revenue in 5 months is 204 million, of which the average interest rate of users is 12%, which needs to be paid 97 million.

In addition, 75 million yuan was spent on sales and advertising and marketing, and the salary of seven or eight hundred employees was 30 million.

In the end, Yimin Financial Services Group made a slight profit of 1 million.

Zhang Yida was a little relieved, Yimin Financial Services has been in operation for more than half a year now, and it is finally breakeven.

However, when he turned to the report on the bad debt page, he couldn't laugh, the 10000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

The overdue rate is as high as 10%, and even if half of it is recovered later, there are still 5% bad debts.

The review of Yimin Puhui is stricter, and the overdue rate is 6%.

The overdue and bad debt rates of Le Installment and Miao Installment are not very clear because they are signed as a back-up agreement.

Not only how well did the two platforms lend money, but they must repay all the principal and interest with interest.

If you can't afford to pay it back, you will take the equity of the management as compensation.

But fortunately, a lot of the current money has been given to Yimin Financial Services.

This overdue and bad debt is very scary!

Write off the bad debts, and it is estimated that the people who have just made a profit will have to lose money again!

So Zhang Yida immediately convened an emergency meeting of the management, and the main targets of the attack were Chen Shaojie, CEO of Yimin Loan, and Zhuang Chuguang, CEO of Yimin Puhui, and asked him about the overdue rate.

Chen Shaojie said with a look of shame:

"Mr. Zhang, I am mainly to blame for this. I optimistically estimated the domestic credit environment, and there were mistakes in the early stage of risk control.

However, our risk management model quickly adjusted, and if you look at the overdue rate next month, it can definitely drop a lot. ”

Zhuang Chuguang is a senior executive who was poached from Yiyin Puhui some time ago, and has been responsible for managing dozens of offline loan stores in Yiyin Puhui Northern Region. He can be called a veteran of the loan industry.

He also self-criticized:

"I am also responsible for such a high overdue rate here for Yimin Puhui, but my work is not rigorous enough. Next, I'm going to focus on the business unit and the risk department.

Starting from the source of incoming parts and risk control audit, the overdue rate must be reduced. ”

After beating the two, Zhang Yida praised Ding Siyao and Fan Hongyang again.

Because of their outstanding performance, Yimin Financial has successfully completed the VAM in terms of trading volume and pending revenue, and is expected to be rewarded for overcompleting the VAM.

Finally, Zhang Yida concluded:

"At present, we have gone through the most difficult period of time.

After the over-completion of the VAM next month, we can start the Series B financing.

After Yimin obtains a huge amount of money, it will soon usher in a new round of take-off.

At present, the company's business model has been successfully run through, and it only needs to continue to scale up, and it will definitely be able to make large-scale profits in the second half of the year.

In addition, I intend to officially launch the NASDAQ listing plan next year.

Of course, can it be successfully listed? What is the market value of the listing?

It depends on the hard work and dedication of all of you.

I will conduct two rounds of equity incentives at the end of this year and the middle of next year based on your performance.

So, the opportunity is given to everyone, and it's up to you whether you can grasp it or not. ”

As soon as these words came out, it was like throwing a boulder down on the surface of a calm lake, rolling up a thousand waves.

Everyone's hearts are not calm, Fan Hongyang and Ding Siyao are okay, they got a few points of shares as founders.

Chen Shaojie and Zhuang Chuguang, who joined later, did not have this treatment, so they relied on equity incentives to get a share of the listing feast.

Fan Hongyang restrained the fluctuations in his heart and asked tentatively:

"Mr. Zhang, will you be in a hurry? ”

What he means Zhang Yida probably understands, we have only been trading for more than half a year, and we are just thinking about going public as soon as we have some results?

Zhang Yida didn't want to be so early, but his senior brother Tang Lin would lead Yiyin Loan to ring the bell on the New York Stock Exchange in December next year, achieving the reputation of "the first overseas listing of China Mutual Fund".

Zhang Yida decided to steal the limelight, without him, the gimmick was too big. The company's brand has been directly upgraded to a notch.

And many subsequent strategies and plans are inseparable from this tiger skin.

The conditions for listing on the New York Stock Exchange are too high, and the condition of making profits for three consecutive years alone is stuck in Yimin Financial.

The minimum conditions for listing on NASDAQ are as long as the company's pre-tax profit reaches US$1 million and its net assets reach US$15 million, regardless of the number of years of operation.

Or if the company is not profitable, the condition is that the total assets, total income, and total market value reach more than 75 million US dollars, and it can also be listed directly without considering the operating years.

Zhang Yida looked at Fan Hongyang and said:

"Hurry? I don't think so!

We can start making profits in the second half of this year, and next year we will only make more profits, and we can't reach the New York Stock Exchange, and the Nasdaq will be easy.

We must grab the title of "the first stock listed on overseas mutual funds"!

Hey!

I'm going to cut this American leek!"