With Ding Le's order, the first project of Galaxy Investment was officially launched. The company is in the preparatory stage, and he is just thinking about it.

For the company's registered address, Ding Le finally gave up the magic capital Lujiazui financial CBD after careful consideration, and chose Haizhou High-tech Zone Science and Technology City.

For this reason, he also took Fei Yang and Chang Dong to visit Shi Yongchao and introduced him to the specific situation of Orion.

Because it is not a foreign capital, Orion cannot enjoy the preferential policy of "two exemptions and three halves" of Jumei Technology, and after negotiation and negotiation between the two parties, Ding Le still won financial support and incentives for Orion.

In order to let him take root in the science and technology city with peace of mind, Shi Yongchao also invested heavily in government support policies.

The proportion of business tax support is 50% of the local government, the proportion of value-added tax is 10% of the tax paid, and the proportion of income tax support is 17% of the local government.

Another reason why Ding Le chose to invest in the Science and Technology City is that he can make full use of Shi Yongchao's network resources to help them successfully complete the company registration.

At present, P2P online lending is still in the initial stage of exploration in China, and company registration is no different from other industries, and industry supervision is far less stringent than that of later generations since 2016.

Under the greeting of Director Shi, the business license from the Industrial and Commercial Bureau, the Organization Code Certificate from the Quality and Technical Supervision Bureau, the Tax Registration Certificate from the Taxation Bureau, the opening of a basic bank account, and the Telecommunications Business License from the Communications Bureau are all green lights.

Under the rush of Fei Yang and Chang Dong, after 15 working days, all the procedures for registering the company were completed, and Haizhou Orion Internet Financial Services Co., Ltd. was officially established.

The registered capital of the company is 100 million yuan, with Galaxy Investment holding 80% of the shares as the initiators, and Fei Yang and Chang Dong holding 10% of the shares as co-founders.

After the establishment of the company, Fei Yang and Chang Dong were busy renting venues, recruiting personnel, and building the company's website.

Ding Le named the website Qiandai.com, which is more like a P2P financial management platform because its model is different from that of traditional P2P online loan companies.

The asset side needs to be independently expanded offline, and the wealth management side only accepts online applications from investors, as well as intermediate operation management and technical support, so as to form a complete closed loop.

After the establishment of the company, before the personnel were in place, Ding Le took Fei Yang and Chang Dong to visit Yu Jiankang, and they wanted to complete the first asset-side business of Qiandai.com with Haizhou Bank.

Seeing Yu Jiankang again, Ding Le suddenly had an unreal feeling in his heart, and the last time he came to him to report to work, he still remembered it vividly......

He shook his head to get rid of the strange emotions in his heart, and between simple greetings, he explained his intentions and motioned to Fei Yang to introduce the money bag net to Yu Jiankang.

After listening to the introduction, Yu Jiankang said with great interest: "Your idea is very novel, we have been doing credit asset transfer business with our peers, this is the first time you have done this, you give me a detailed material first, and I will reply to you as soon as possible after reporting to President Yang!"

"The basic account of our company is opened in the downstairs business department, and the 100 million yuan in the account is ready, we are all going out from Haizhou Bank, this is the beginning of our working life, and we want to take the first step in entrepreneurship from here!" Fei Yang said movingly after the introduction.

In the afternoon, Ding Le, Fei Yang and Chang Dong were inspecting the leased office building, and he received a call from Yu Jiankang: "Ah Le, Yang Xing is very interested in the operation mode you proposed, you should come to the head office now, report to the leader again in person, and strive to confirm this matter!"

Looking at the concerned eyes of the two, Ding Le said with a smile: "It seems that there are eyebrows, let's make another report!"

The three of them hurried to Haizhou Bank again, and this time the location of the report was placed in the conference room on the third floor, and when they arrived, Ding Le saw that there were already people waiting in the conference room.

Yu Jiankang, several CEOs of the credit management department, finance department, operation management department, and financial interbank department were all there, and Ding Le and the three of them came in to greet everyone.

After they left, the deeds of the three of them spread in the industry, especially the title of Ding Le's god spread.

After the opening greetings, several people asked Ding Le's views on the current stock market, as a financial practitioner, there is no one who does not speculate in stocks, there is a master of stock speculation in front of him, everyone will naturally not give up the opportunity to ask for advice, and even directly let Ding Le recommend the code.

Looking at everyone's eager gaze, Ding Le couldn't refuse, and it happened that President Yang hadn't arrived yet, so he cleared his throat and talked to everyone.

"In the past, the Shanghai and Shenzhen stock markets were similar every year, generally the low point in December in the fourth quarter, and the high point in May and June of the following year, which is actually closely related to our country's financial settlement system.

At the end of each year, from banks to listed companies to investment institutions, funds in the market must be withdrawn, which has caused serious selling pressure and the market has formed a low point. After the Spring Festival, all kinds of funds returned to the market, pushing the market up. ”

When Ding Le said this, everyone present laughed, isn't this exactly the case with the annual opening competition!

"But this year's market is different!" Ding Le picked up the cup on the table, took a sip of tea, and changed his words.

"Affected by the U.S. subprime mortgage crisis, the global financial market is full of uncertainty this year, the subprime mortgage crisis has evolved into a liquidity crisis, as far as the U.S. market is concerned, the recent long-term and short-term Treasury bond yields have been inverted, and short-term interest rates are actually higher than long-term interest rates, this indicator is very critical, indicating that Wall Street investors are also very optimistic about the future.

Speaking of China, I have been in a wait-and-see situation since I cleared my position in October last year, although the top management is now also attaching great importance to the capital market, introducing some positive measures, and the Shanghai Composite Index has also shown signs of stabilization, but I am not optimistic about it.

Buy stocks now, I might as well suggest that you invest in real estate, especially the property market in first-tier cities, buying a house now is definitely higher than trading stocks!"

Just as Ding Le said at the last moment, there was a sound of footsteps at the door of the conference room, the staff pushed the door open, Yang Zongpei walked in, the main owner appeared, and everyone got up to greet each other.

"None of them are outsiders, let's sit casually!" Yang Zongpei said to everyone while sitting, waving his hand.

When Yu Jiankang was about to introduce, he humorously interrupted: "Old Yu, you don't need to introduce you, Ding Le has not been out of my line for two months, but this Ding is not Mr. Ding!"

Yang Zongpei's words caused everyone to burst into laughter, and he continued: "I heard you at the door just now talking about the liquidity crisis in the financial market caused by the subprime mortgage crisis, can you talk about this again!"

Ding Le didn't expect Yang Zongpei to care about this very much, this is not difficult for him, he read an MBA for a while in his previous life, and the subprime mortgage crisis happened to be his final thesis, so he just took advantage of this topic to cut into today's topic.

"Over the past few years, the world's major economies have been implementing loose monetary policies, and excess monetary liquidity has directly contributed to the continuous rise in the prices of various assets.

The outbreak of the substandard goods crisis caused the asset price bubble to burst, and banks had to significantly reduce impairment provisions and bad debt provisions due to the shrinkage of the asset prices they purchased, thus reducing their available capital.

Especially after the collapse of Bear Stearns, everyone is worried about whether their capital chain will break, which will further exacerbate the credit contraction.

This theory is also applicable to domestic banks, and based on this, our company has the idea of cooperating with banks to buy bank assets with real money and help banks reduce the pressure on their balance sheets. ”

Yang Zongpei very much agreed with Ding Le's point of view, he couldn't stop nodding while listening, the interbank lending and asset transfer business have shrunk recently.

Ding Le looked at the leader very excited, so he took the opportunity to introduce the money bag network. When Ding Le offered to put the fund custody account in Haizhou Bank, Yang Zongpei smiled and nodded.

After listening to Ding Le's introduction, Yang Zongpei finally made a decision: "You several departments will discuss, and the financial industry department will take the lead and come up with a cooperation plan as soon as possible.