As of the third quarter, Ruixiang Group generated a net profit of 800 million yuan.

Of course, this data is obtained after deducting R&D investment and Mobao payment subsidies.

At present, there are only seven major financial supermarket sectors in the whole group, including Internet wealth management supermarket, loan supermarket, credit card supermarket, fund supermarket, insurance supermarket, bank wealth management/loan supermarket, and trust supermarket.

Tiance Technology has cooperated with hundreds of financial institutions and created a net profit of 200 million yuan.

Mung Bean Credit will carry out foreign cooperation in the future, and profits can be expected.

Hantai Fund and Investment Ronghui Wallet and IOU have only started to operate, and they have not generated profits for the time being, but they should be profitable after a while.

Mobao payment, Diandiancai, AI, blockchain, cloud computing, big data and other sectors are in a loss-making state.

But fortunately, this part of the loss has been supported by the money of venture capital funds.

The 500 million US dollars equivalent to 3.1 billion yuan in the B round of venture capital has been planned for a long time, and Mobao has paid 1.5 billion subsidies, invested 800 million in R&D, and acquired 800 million yuan in financial licenses.

The 2.3 billion yuan of Mobao payment and R&D investment added up have already been budgeted, and they will only exceed and will not decrease.

A total of 368 million yuan was spent on the license acquisition, 600 million yuan was spent to increase the registered capital of the two Internet microfinance companies, and the budget exceeded 168 million yuan. This part of the money is subsidized from Ruixiang's operating profits.

In addition, Ruixiang deducted 100 million yuan from the investment in the Le installment and Miao installment in 13 years, and the balance of funds was 146 million.

At present, the entire Ruixiang Group has a total of 778 million idle funds. These more than 700 million can be used completely.

Because Ruixiang Group's personnel salaries and daily expenses are supported by several profit sectors. Others, such as the huge subsidies paid by Mobao and the R&D exploration of cutting-edge technology, are partly invested by venture capital.

In fact, it is better not to use the more than 700 million yuan of cash reserves, otherwise there will be some problems in the group and there will be insufficient risk reserves.

However, Zhang Yida decided to withdraw 100 million US dollars equivalent to 616 million yuan from Ruixiang Group into an industrial investment fund.

In this way, Ruixiang Group's reserve cash can be said to be empty all of a sudden, only 162 million yuan left, if something uncontrollable happens, you can only ask for help.

However, Zhang Yida feels that the biggest uncontrollable business is the consumer finance and wealth management business group. If the fund loses money, it is not a big problem, the user is responsible for its own profits and losses, and the risk cannot be passed on to the parent company.

I'm afraid that the overdue rate of the investment wallet and IOU will blow up, and the user will not pay back. However, there are 600 million cash in Internet small loans, and the worst case is that these 600 million are lost.

However, this is basically impossible, and the current 600,000 users who have been granted credit are the 600,000 people with the best credit among the 150 million users. The risks are relatively manageable.

Zhang Yida smiled, he had paranoia of being victimized.

Yimin Financial Services Group is still profitable overall.

As of the third quarter, Yimin Financial Services had a total revenue of 513 million yuan and a net profit of 85 million yuan in the first three quarters.

Among them, the four subsidiaries of Yimin Wealth, Yimin Wealth Management, Yimin Inclusive and Yimin Loan have entered full profitability.

Huinong Loan and Ruimin Wealth Management have not been opened for a long time, and they are still in the early stage of investment, and there are certain losses.

There are 100 million yuan in the balance of 13 years, plus 25 million US dollars won by VAM, Yimin Financial Services Group has a total of 339 million yuan in cash reserves.

Yimin Financial Services Group only received a round of $50 million in Series A financing, which is equivalent to a little more than 300 million yuan. Now Yimin Financial has so much cash in reserve, which is equivalent to earning back all the money burned in the early stage.

Stretching the timeline to 13 years, that is, the losses in 13 years and the profits in 14 years are just offset.

Zhang Yida sighed that doing business by himself is to make money, and the cash reserves of Yimin Financial Services are almost half of Ruixiang Jinke.

Moreover, Yimin Financial Service does not deduct any subsidies, sales expenses, and R&D investment, which is a comprehensive profit in the true sense. Ruixiang Group's comprehensive profitability is still far away.

This is the difference between being an intermediary and doing a direct business!

Yimin Financial Services Group has 339 million cash, and Zhang Yida decided to withdraw 50 million US dollars, that is, 308 million yuan, into the industrial investment fund.

The remaining 31 million yuan is set aside as an emergency reserve for the enterprise.

Yimin Wealth has transformed into high-end wealth management, and user investment is self-financing.

The biggest risk still comes from Yimin Wealth Management + Ruimin Wealth Management, Yimin Inclusive + Yimin Loan. The two major wealth management companies are most afraid of a run, and the two major loan companies are most afraid of overdue and bad debts.

Moreover, these four companies act as a supplier of funds and assets to each other, and risks are passed on to each other.

If one is unlucky, it will affect the other three.

For example, the funds provided by Yimin Wealth Management cannot be recovered after Yimin Inclusive Loan is borrowed, and then Yimin Wealth Management cannot repay the lender's money, and a payment crisis breaks out.

Then Yimin Wealth Management will not be able to provide funds for Yimin Loan, and the operation of Yimin Loan may be paralyzed.

Yimin Loan was paralyzed and unable to provide credit assets, and the funds raised by Ruimin Wealth Management did not know who to give them to......

Therefore, in the later stage, Zhang Yida is ready to do cutting, Yimin Wealth Management + Yimin Inclusive will form a pair of CPs, and Ruimin Wealth Management + Yimin Loan will be another pair of CPs.

There is no longer any intersection between the two pairs of CPs, isolating some risk transmission.

The volume of loans benefiting farmers is too small and has little impact on the overall market.

Ruixiang invested 100 million US dollars, and Yimin invested 50 million US dollars, which solved 150 million US dollars.

There is still a gap of US$50 million, and we can find Black Shirt Capital, Zhenke Fund, and Temasek to cooperate.

However, at present, there is no rush for this matter, and there is no need to withdraw funds, and we have to wait for Lei Dongming's side to raise full funds.

......

He Qingxuan made an appointment with Zhang Yida for dinner today, and in a Western restaurant, Zhang Yida met He Qingxuan wearing a white dress.

She also painted a light makeup today, full of goddess fan. As soon as he entered the restaurant, he attracted the attention of many men, and it was not until Zhang Yida appeared that a group of viewers slowly withdrew their attention.

Zhang Yida noticed this and said with a smile:

"He Da Beauty is worthy of a generation of goddesses, and the male customers present don't roll their eyes when they see you. ”

He Qingxuan's face was slightly red, and she said angrily: "How can you talk nonsense, believe it or not, I'll tell Erya." ”

"Say, I'm not afraid of anything. I'm telling the truth. You have to face the facts. Zhang Yida said indifferently.

The waiter on the side stepped forward to let the two of them order, and each ordered a steak, and Zhang Yida specially told the waiter:

"Get me another dry chili noodle plate!"

The waiter was a little confused, what kind of operation is this, and said with a wry smile:

"I'm sorry, sir! We only have black pepper sauce here. ”

Zhang Yida was speechless, eating steak in Sichuan and Shu provided chili noodles, so it was refreshing to eat. What's so good about black pepper sauce?

He Qingxuan relieved the waiter and chuckled:

"Your god operation is a little too much! Steak with dried chili noodles, it feels delicious!

But people don't have it here, so don't be embarrassed. ”

"Okay, let's just black pepper sauce!" Zhang Yida waved to the waiter, looking loveless.

"What's the matter with me? Zhang Yida guessed that He Qingxuan must have something to do with him, so he asked directly.

"What's wrong? Can't I invite you to dinner if it's okay?" He Qingxuan began to circle Zhang Yida.

"Yes, it's not good for someone to invite you to dinner. Recently, I have been so poor that I can't afford to eat, so it's just right to have a few meals. Zhang Yida saw that she didn't get to the point, and also followed the gag.

"Are you still poor??

Zhang Yida glanced twice, hurriedly looked to the side, and sighed: "My skills are far worse than these two big guys."

Also, I'm really poor, the company is rich, but the shares can't be realized now. I'm going to have to get my dead pay right now. ”

Zhang Yida's words are also true, and he is really like a wage earner who gets a dead wage. It's just a senior wage earner, Ruixiang and Yimin together pay him a salary of 5 million after tax every year.

Regarding Zhang Yida's words, He Qingxuan didn't believe it. easily took out 40 million to buy his father's company, and the media said that Zhang Yida was worth tens of billions......

He Qingxuan talked to Zhang Yida for a long time, and finally returned to the topic, and said with some embarrassment:

"After my dad sold the company, he went out on a trip with my mom for more than a month. After returning to the capital, he stayed at home every day, did not go out, and sighed for a long time.

I think he should be confused about the rest of his life. He was still young, not yet fifty years old.

Now that he stays at home every day with nothing to do, he is definitely not reconciled. Can you give me an idea for my dad to do something?"

After speaking, He Qingxuan looked at Zhang Yida with a wistful expression.

Zhang Yida understands He Shenghua very well, the company he worked hard to establish and accompanied him for more than ten years is gone.

Financial satisfaction cannot fill the emptiness and loneliness in a person's heart, especially a middle-aged man who is at his peak and full of dedication.

However, He Shenghua is not suitable for Internet entrepreneurship, or any field he does not understand.

The most suitable for him should be the loan industry!

Hey, there you have it!

Zhang Yida looked at He Qingxuan and considered whether to tell her.

Seeing Zhang Yida's tangled look, He Qingxuan couldn't help but smile and said, "You can say whatever you want?

Hearing this, Zhang Yida did not hesitate, and said seriously:

"The most suitable for Uncle He is still the loan industry!

If he wants to continue working in the loan industry, he can come to work in our company. Yimin Financial Services Group has a Yimin Inclusive and Huinong Loan, both of which focus on offline loans.

Yimin Puhui's focus area is consumer loans for urban residents, and Huinong Loans is to issue entrepreneurial loans to farmers.

In the future, the business of the two companies will cover the whole country, and branches will be opened in various provinces and cities. If Uncle He is interested, both companies are at his disposal, and I can also give him a province to be responsible for management. ”

He Qingxuan thinks that this is also very good, if you manage a province, the scale will not be even bigger, and the Jingrui loan company before Dad's father will be bigger.

It's my dad's favorite loan industry again. If he had something to do, he wouldn't be at home every day and sigh.

Thinking of this, He Qingxuan looked at Zhang Yida with sincere eyes and thanked:

"Zhang Yida, thank you for your help!"

Zhang Yida waved his hand and said that it was not a big deal, and there was no need to move the heavens and the earth.

He Qingxuan raised a goblet full of red wine and touched Zhang Yida's glass, and said:

"A toast!"

After speaking, he drank the red wine in the cup in one go.

After a while, two red clouds rose on her face, and her beauty was incomprehensible. Biting his lower lip, he said:

"Can you do me another favor?"

"You say. Zhang Yida was holding a knife and fork and was eating with his head buried in his head.

"I want to deal with Liang Weimin. He nearly bankrupted my dad, and I can't let him go. Can you give me an idea?"

He Qingxuan said hatefully, and then looked at Zhang Yida with a look of hope.