Jiangyan company has almost no time when the capital is relaxed, because there are too many products, too many new products are invested, and too much technology is invested. However, Jiang Yan Company can maintain it well, and the small auspicious fund has contributed a lot.

Hang Yu's approach is to use small auspicious funds as much as possible in some stable product operations, while technology investment is done with the company's profits. This may seem like a loss, but it is actually good for everyone. Users of micropayment can obtain certain benefits from the development of Jiangyan Company, and Jiangyan Company can take out their hands to engage in science and technology and develop new products.

The funds of all subsidiaries of Jiangyan Group are managed by the headquarters in a unified manner, and the subsidiaries have different amounts of reserved funds according to the situation. The pooled funds are distributed and used according to the needs of each family.

Doing so will not affect the motivation of the subsidiary, because the income of the subsidiary determines their salary level. Pooling funds is not a matter of making a big pot of rice, but rather uniting all companies to maximize the group's capabilities.

The financial department is relatively tight on the application for funds, not because Hang Yu wants the finance department to pinch it so tightly, but because of the company's regulations and requirements, and the instinct of the finance department drives them to grasp it tightly. The Ministry of Finance has a priority order for disbursing funds, and the highest priority is, of course, Hang Yu's request.

Hang Yu rarely manages product funds, and most of the time asks for capital injections into technology companies. The funds are limited, and if the requirements of Hang Yu are met, it is naturally difficult to meet the requirements of other subsidiaries. Therefore, when the subsidiary is difficult to apply for funds, it will issue bonds to Xiao Jixiang. Even if his own company issues bonds, Xiao Jixiang will sign the contract according to the rules.

However, the money made by the small auspicious fund eventually converged to the headquarters. It means that in addition to a small part of the income obtained by micropayment users, the funds are basically circulated within the group.

If Jiangyan Group does not have its own fund company, it will either go public or issue bonds to other fund companies. Of course, other fund companies have to make a profit from it, so they can't maintain a good operating situation.

"Hello Mr. Xie. Dong Ming and Zhang Xuhao shook hands with Xie Pinggang respectively, looking very polite.

Although the products operated by the two have great potential, they are far inferior to the small auspicious fund, and the key is that the potential of the fund company is not smaller than that of the group buying platform, and there is still a lot of room for development in the future.

And Xie Pinggang is one of the veterans of the company, so the juniors are very respectful when they see him.

"Hello, what's the matter?" Xie Pinggang went straight to the point.

Recently, Xiao Jixiang has been busy cooperating with traditional insurance companies, mainly for China's first-class insurance companies such as Life, Ping An, Pacific, PICC, Taiping, and Dadi.

These insurance companies have strong capital behind them, and if you want to cooperate with them, you must first have a certain strength. Although the development time of the small auspicious fund is short, the capital flow is huge, and it has the strength to negotiate with these enterprises on an equal footing.

Xiao Jixiang wants to use the offline channels of traditional insurance companies, and traditional insurance companies also want to use Xiao Jixiang's online channels. However, compared with Xiao Jixiang's openness and enthusiasm, traditional insurance companies are slightly more conservative. They not only want to obtain Xiaojixiang's online resources, but also are afraid that after cooperation, Xiaojixiang will develop better than them and establish a fierce competitor in the industry.

Because of the conservativeness of traditional insurance companies, the efficiency of the talks between the parties is very low, Xie Pinggang is really worried about this matter, and these days he often flies around and personally goes to negotiate with those bigwigs.

Fortunately, Jiang Yan Company has just bought two private jets, and as long as the company management has important things and the distance is relatively awkward, it can apply to use private jets. Xie Pinggang sat more than a dozen times, and felt very convenient, but it was more troublesome to apply.

Because there are so many applications for the management of the use of private jets, the various subsidiaries, including the head office, are often traveling. Now you have to make an appointment to queue up when using a private jet, and if you can't catch up with the time, Xie Pinggang has to take the high-speed rail.

Fortunately, the high-speed rail is also very fast! The more troublesome thing is to take the high-speed rail to drive to the provincial capital first.

"Mr. Xie should know that our two subsidiaries operate over the wall group buying and Ele.me respectively. Dong Ming said.

"You know, you've been making a name for yourself within the company lately, and I've invested 100 million. Xie Pinggang said with a smile.

"Thanks to Mr. Xie for his support, we originally planned to use two to three years to slowly occupy the domestic market. After internal financing, we have the ability to solve Meituan in a short period of time. But there is a lack of funds, so we are willing to issue a bond to the small auspicious fund, hoping to get the support of Mr. Xie. Dong Ming said.

"Yes, how many bonds do you want to issue?" Xie Pinggang asked.

"About three billion like that. Dong Ming said.

Xie Pinggang showed a thoughtful expression, three billion is not much for the small auspicious fund, but considering the development of the group buying platform, there is still a long time before the harvest period.

Buying three billion bonds at once, but waiting a long time to get the money, is not in line with Xiao Jixiang's operating rules. Because users of micropayment will not wait that long, micropayment is calculated as income every day, and users can withdraw flexibly.

If Jiangnan Mall, China Baby, and cross-server companies issue bonds to him, not to mention three billion, three billion can also be considered. Because these two companies are literally money printing machines, buy their bonds today, and tomorrow the money will roll in.

"I'm sorry, with the current situation of group buying and Ele.me, this amount is too large. I support you personally, even if you lose, it is my own, but the money of the fund company is not my own. Xie Pinggang said.

Xiao Jixiang's ability to come to this day under his leadership is enough to prove Xie Pinggang's financial integrity.

Even if it is his own person, he will not casually break the operating rules of the fund company, otherwise it is easy to mess around.

"In six months at most, we will be able to achieve large-scale profitability. Zhang Xuhao said.

Xie Pinggang just shook his head, not to mention that half a year is too long, he never believed in such absolute words.

He is very optimistic about the two group buying platforms and is willing to invest in them, but he does not dare to guarantee that he will earn them back. It is even more impossible to earn it back within half a year, Xie Pinggang is worried that they are so aggressive, causing good cards to be played badly.

"I advise you to go according to the plan, if you are short of money, I can turn around a sum of money for you in an emergency. But if you want to fight with Meituan, I can't take the risk with you. Xie Pinggang said.

"We've got the upper hand, a little bit of risk, but it's not a risk. Zhang Xuhao said.

"Sorry, you'd better wait for internal funding, maybe more money will come in. Xie Pinggang ruthlessly rejected them.

Zhang Xuhao and Dong Ming were quite embarrassed, they came to issue bonds with confidence, but they didn't expect the other party to refuse so easily. They all felt that Xie Pinggang was a little unapproachable, and he was too unconfident in the group buying platform.