Chapter 525: Yu Bao One
On March 15, 2011, the small partner financial holding group was officially established. Wang Qinian www.biquge.info who personally served as the chairman of the financial holding group, and Zhang Wei, the general manager of the financial holding group, was appointed as the general manager of the former small partner investment company.
Zhang Wei's popularity in the industry is also very large due to the implementation of Wang Qinian's series of financial investments. However, most of the investments of small partner value investment companies are in the Hong Kong stock market and the US stock market, and there are relatively few actions in the domestic capital market. Even if you invest in some stocks, it is a long-term investment, and you don't sell one share after buying.
The reason for this is also because there are repeated domestic financial policies, in order to avoid suspicion of violations, so the investment of small partners in the domestic financial market is mainly long-term investment. Over the years, the investment of small partners in the domestic capital market has been mainly based on cash cows such as Kweichow Moutai and Youngor.
In addition to these long-term growth and good dividends. Partners also invest in some companies that have not had a rate of return for a long time, such as BOE!
It is difficult for a company like BOE to make money. However, BOE's industrial layout is to save money for the country. In the future, at least tens of billions of yuan of imported Y crystal panels will be saved every year, and, due to BOE's large-scale explosion of production capacity, the price of Y crystal panels will inevitably deteriorate, in the next few years, because Chinese enterprises continue to explode production capacity, and this high-profit industry will be regarded as a low-profit industry - Japan's Y Crystal will soon be finished, and South Korea and Taiwan's Y Crystal will all change from profiteering industries to dismal operations.
In fact, this is also the sentiment of many Chinese entrepreneurs in traditional industries -- some innovations are not for their own money at all, but to make competitors lower prices, so as to save domestic consumers and enterprises.
In recent years, there have been and ongoing stories in many fields -- a few foreign companies have monopolized a certain technology, and the products of this technology are extremely expensive, and the other party is very profitable. As a result, Chinese companies have spent a lot of money on research and development. Successful independent research. Then, the price of products in this field plummeted, and products worth tens of thousands of dollars quickly turned into large road goods of thousands and hundreds of dollars.
And that's exactly what happened. Many products cannot be produced in China, and they are products monopolized by a few oligopolies, which are bound to be sky-high prices and high profits. Many developed countries rely on monopolizing some technologies to obtain high profits for a long time. This is important for consumers. And a lot of underdeveloped countries are disadvantageous.
For example, how are less developed countries exploited by developed countries? In many countries, coffee shops cost hundreds of dollars, and a lot of African production, and African farmers can only earn a few cents a cup of income from it. This kind of unfair competition is mainly a monopoly -- after monopolizing the transportation and logistics, industrial chain, and so on, it can be exploited in the most cruel way.
Many products with high added value in developed countries can be sold for tens of thousands of dollars without counteroffer. There are no other options on the market either. This is the technological monopoly, which brings inequality!
The rise of any developing country is bound to break the monopoly of traditional developed countries in many fields, and begin to play the effect of the monopoly of technology crushers by developed countries in some fields.
However, those shredders in history are very small. In the process of rising, many areas of developed countries have not been completely smashed enough, not enough.
China's crusher, before it became a developed country, has smashed the advantageous industries of many countries. Of course. Even if 10 ordinary developed countries were to go bankrupt and take away their advantageous industries, it would still not be enough for China to eat. Therefore, China can only continue to develop. Continue to make more technology monopolies in developed countries lose their advantages and lose their huge profits.
Of course, it is also good for consumers to smash the monopoly technology of other developed countries and make many technologies into cabbage prices.
The benefits brought to domestic consumers by the story of the rise of BOE are mainly reflected in the 55-inch Y-crystal TV. The original price was more than 30,000 yuan. A few years later, BOE's 55-inch panel began to burst production capacity, 55-inch Y-crystal TV, moreover, it is an Internet TV, 2999 yuan!
This is the sentiment of China's rise -- 30,000 yuan of luxury goods, and within five years, I will reduce the price of this product to 3,000 yuan and turn it into a consumer product with the price of cabbage.
For small partner companies, what are the benefits of investing in BOE? Mainly screen procurement channels,Began to diversify,Not only rely on the supply of enterprises in Japan, South Korea and Taiwan,The touch screen supplied by the domestic BOE,It has also begun to account for half of the purchase volume of small partnersใ
After the establishment of the small partner financial holding company, the media was like a cat smelling fishy, and quickly pounced on the small partner company for an interview.
Wang Qinian personally gave the new company a platform and was interviewed by the media.
"Mr. Wang, what does the establishment of the small partner financial holding company mean, and from time to time the small partner company will transform in the future, from the industrial to the virtual economy represented by finance?" The reporter of "First Finance" asked.
"Diversification is the way to go for any company to reach a certain size. In addition to its own main business, a company will more or less invest its funds in other businesses. It's not a matter of not doing business, it's about diversifying your risk through diversification. Wang Qinian said, "The small partner company has definitely not separated from industry and transformed finance. We have it to invest in finance, but it is to better serve our consumers and partners. To put it simply, we should do some better services and gradually build a platform. โ
"The financial holding company has multiple subsidiaries, which company is the most important?" CCTV financial reporter asked.
"The financial holding company has three major subsidiaries: Tianhong Fund, Small Partner Value Investment Company, and Small Partner Venture Capital Fund. Each has its own emphasis, but Tianhong Fund should serve more public customers. We bought Tianhong Fund before, and after that, we transformed the business of Tianhong Fund. Tianhong Fund should focus on money market funds in the future, and our domestic investors are relatively unfamiliar with money market funds. However, in foreign markets, money market funds have been around for decades. It is based on low risk, 0 handling fees for deposits and withdrawals, low management fees, and daily settlement of interest. Wang Qinian said, "There are hundreds of millions of users in our partners' wallets, and the deposit scale is about more than 200 billion yuan. In the past, we were a traditional third-party payment platform, which only considered the function of payment, and did not consider the function of maintaining and increasing the value of users' funds. Therefore, the small partner financial holding company bought Tianhong Fund and issued public money market fund products through Texhong Fund to pay interest to our users. โ
"Oh? Are there any risks associated with money market funds? More reporters asked.
"To put it bluntly, the money market fund is that countless users have deposited money of varying amounts, and we manage this money to meet the flexibility that users can take and use at any time, and to make the interest income not less than a one-year fixed deposit." Wang Qinian said, "As for security, as I said before, money market funds are essentially to help depositors make deposits, and the security is the same level as bank deposits. โ
"Is this a suspicion of forcing small partner wallet users to buy money market funds?" A media reporter asked.
"The old users of the small partner wallet will not be affected according to the past methods. At the same time, we launched a new product - Yue Bao! If the user of the partner's wallet, read the agreement of Yu'e Bao and confirm the transfer of cash to Yu'e Bao. The part deposited into Yue Bao will be processed in the same way as the money market fund. Moreover, we are more flexible than ordinary money funds, and the cash deposited by users can be used for transfer and consumption on the Internet at any time. Wang Qinian said, "In addition, let me say more, I am ready to put more than 5 billion yuan of private money in cash and deposit it into Yue Bao!" โ
"Wow!"
There was a turmoil at the scene, and I didn't know if I was surprised by Wang Qinian's amazing private money. Still surprised that he actually deposited his private money into Yue Bao.
With Wang Qinian's sparing efforts to popularize the science money fund and the new product Yu Bao, many media reporters are interested in holding the relevant materials of the press conference of the partner company and reading the introduction materials about Yu Bao.
In the next period of time, in the news, the boom of Yu Bao and money market funds may be flying on the news for a while. (To be continued.) )