Chapter 727 Internal Subscription of Funds

After Li Mu's meeting at Muye Technology, Song Liang couldn't help but called excitedly and told Li Mu a message he had been waiting for all morning.

Song Zhilei has signed a contract!

The equity transfer agreement took effect immediately, and Wanying also paid him 20 million yuan for the acquisition. From this moment on, Juncheng Real Estate became a 100% controlled company by Wanying.

Completely complete the acquisition of a company with actual assets of more than 2 billion or more. The actual cost of Li Mu's expenditure is only 20 million. As for the remaining 800 million, it will be paid to Wei Lan after three years. More than 100 million, the leverage is amplified by more than 100 times!

Li Mu asked Song Liang, "Did you tell Lao Chen?"

"Not yet, I'll call you first to inform you of the good news, and I'll call him later."

Li Mu hurriedly said: "Brother Liang, call Lao Chen later and ask him to urge Lao Zhou and Zhao Haichao to go through the process quickly and strive to issue funds in the shortest possible time!"

Song Liang smiled and said, "Don't worry, Lao Zhou and Lao Zhao are more concerned than you."

Song Liang was right, Lao Zhou and Lao Zhao were indeed more attentive than him.

From the birth of the Internet bubble to the present, China's economic situation has not been good, and sluggish domestic demand is a big problem. In order to stimulate investment and increase consumption, the country has cut interest rates 8 times in the six years from 1996 to 2002. The money is taken out of the bank to boost the domestic economy.

In such an environment where the overall economic situation stimulates people to take money out of the bank, it is a big problem for banks to collect reserves. If it becomes a problem, income will be greatly affected, so Lao Zhou also has performance pressure.

The annualized interest rate of the fund Li Mu wants to push is 3 percentage points, which is already higher than the current interest rate of government bonds, and the government bonds are still up for grabs. This kind of fund with higher interest rate and guaranteed principal and interest is for the bank that sells it on an agency basis. Selling is easier.

At Lao Zhou's level, a profit of tens of millions is not a big deal, but if he takes this wealth management product to his bank, it is equivalent to giving a very good benefit to the grassroots employees of his bank. An unspoken rule: high-quality funds are difficult to buy, because they are given priority to bank employees, relatives and friends of employees, and this fund is an extra small benefit for bank employees.

For Lao Zhou, the more important thing is to hope that he can be tied to such awesome people as Chen Ze and Li Mu, which will naturally bring endless benefits in the future.

Zhao Haichao also has the same appeal, Juncheng Real Estate + Makino Technology, the two companies have a bottom line of 3 billion, this fund is definitely not risky,

And there are considerable profits, which is in line with his profit-seeking appeal. Besides, being able to take the opportunity to get to know Chen Ze and Li Mu is also a very important gain for him. He really wants to make the shortest possible time. Nei made this fund, and then threw it to Lao Zhou to launch it, and quickly got the three billion gang Li Murong into his hands, which was equivalent to winning a favor between the two.

Chen Ze called Lao Zhou and told him that everything was ready. Lao Zhou immediately moved in sync with Zhao Haichao.

Zhao Haichao made a rough figure. The total issuance size this time is 3 billion. In order to ensure sincerity, the commission of the fund company is the same as the principal and interest of the investor. Prepaid by Wanying Real Estate.

It will take three years to get profits. Zhao Haichao is not worried about any risks, nor is he worried about the stagnation of profits. After all, he has no cost to issue funds himself. It is nothing more than the qualifications for issuing funds with his own funds and his relationship in the insurance company system. It was issued by a different fund company and underwritten by the old club's insurance company, plus Li Mu's bottom line, the fund was completely reasonable and legal, and there was no edge ball. In this case, the profit lag was not a big problem.

At noon, Zhao Haichao couldn't take a rest, and brought a team to start the fund process quickly.

He first rushed to Wanying Real Estate to check that Wanying Real Estate's 100% holding agreement with Juncheng Real Estate was correct, and then the legal person Song Liang signed the bottom line agreement, and then he rushed to Muye Technology non-stop. In Li Mu's office, Signed with Li Mu an agreement between Muye Technology and Juncheng Real Estate and all the details of the fund issuance.

After these written procedures were completed, Zhao Haichao hurriedly wanted to leave and said to Li Mu, "I'm going back now to submit the materials for approval. The current approval responsibilities have not been fully clarified. In fact, it is just a process, and the approval can be approved as soon as this afternoon. Finish."

Li Mu asked him, "When can I hand it over to the bank for sale?"

Zhao Haichao said: "All the required documents have been prepared. In theory, after we approve it this afternoon, we can directly connect the information to the bank and let them start selling on behalf of them. We have a framework agreement with them, and we can directly transfer the information without going through the process. Our fund wealth management products are listed.

Li Mu was overjoyed and blurted out, "Then the sooner the better, I'll wait for your news!"

When Zhao Haichao returned to the company, he started to follow the procedures at the fastest speed. The fund was named "Tonghai Real Estate Development". Tonghai is the abbreviation of Zhao Haichao's fund company. critical.

At 3:30 in the afternoon, all the processes including approval and underwriting were completed. The reason for this speed is also due to the current imperfect management system of the fund industry.

The total circulation of Haitong Real Estate Development is 3 billion yuan. It is issued by Haitong Fund, underwritten by Shoukang Insurance, backed by Juncheng Real Estate and Makino Technology, and sold by commercial banks. The fund is a regular fixed investment fund with guaranteed principal and interest. The term is unified for three years, and the principal and interest will be paid at one time after three years. If there is a large-scale run in the middle, the insurance company will be responsible for the run, and Li Mu will pay the insurance company according to the proportion of the interest paid to the subscriber; If neither technology can pay the fund, the insurance company will pay the subscribers on its behalf, and then Juncheng Real Estate and Makino Technology will perform the creditor's rights relationship with the insurance company.

In short, within the three-year period, Li Mu will take away the 3 billion without any financial pressure. If there is a situation in the middle, the insurance company will carry it. After three years, Li Mu only needs to pay 3.5 billion according to the contract. This agreement is fine. For Li Mu, there is no pressure.

When "Haitong Real Estate Development" went through the approval and underwriting process, Lao Zhou called a meeting of the middle and high-level managers of his bank responsible for the fund sales system. At the meeting, Lao Zhou went to Juncheng Real Estate, Wanying Real Estate and Muye Technology, but only Let me tell you that there is an investment fund issued by Haitong and underwritten by Shoukang to be issued through its own bank. It has a three-year term and an annual interest rate of 3%. It is underwritten by an insurance company, and the principal and interest are guaranteed.

As soon as the news was announced, the managers in charge of the fund business of each branch on the meeting table were in a frenzy.

The interest rate has been cut eight times in six years. The interest rate of the bank is outrageously low. The interest rate of the national debt is slightly higher, but the amount is limited. Not attractive to users.

3 billion funds with an annual interest rate of 3% and guaranteed principal and interest. The quality of this fund directly overshadows all the fund products in their hands.

So everyone is asking Lao Zhou one after another: "3 billion, how much can we keep for internal employees?"

Old Zhou waved his hand: "Haitong is now hugging his thighs, so he dares to push this kind of fund. In order to give Haitong's heart, we naturally want to sell as quickly as possible, so my request for you this time has only one purpose: the more The sooner the better, if the internal employees and their family members can subscribe within one day, let them subscribe. If the subscription fails, ask your account manager to contact the major customers of the wealth management business, directly recommend, and use the fastest speed to subscribe. The 3 billion sold, let Haitong look at us with admiration!"

Lao Zhou didn't tell the truth, he didn't want Haitong to impress him, but wanted Li Mu and Chen Ze to impress him.

The group of managers who are in charge of funds under Lao Zhou are also very happy. This kind of good wealth management fund is an internal benefit for the banking system. Even if he or his relatives can't subscribe so much, it is still good to introduce it to friends and classmates. A kind of human affection, why not do it? People outside often ask the bank's internal staff to help buy high-quality funds. Many young men in the bank even rely on this to get their partner and mother-in-law. This kind of welfare is not too moisturizing.

Commercial banks have more than 100 sub-branch business offices and more than 4,000 employees in Yanjing. Internal digestion of 3 billion should not be a big problem. Even if they cannot be digested in one day, those big customers can also be processed in one day. Three billion seems like a lot, but in the banking system, it’s just a drop in the bucket.

So Lao Zhou dismissed the meeting early, and asked everyone to return to their respective positions quickly, make an announcement within the sub-branch under their respective management, and then count the number of internal subscriptions and feed them back to themselves before ten o'clock this evening.

Due to Lao Zhou and his management staff, more than 4,000 employees in the Yanjing branch of the commercial bank received the good news before they got off work. The internal employees of the bank saw the three keys of Haitong issuance, Taikang underwriting, and guaranteeing principal and interest. After clicking, I know that this fund is an absolute high-quality fund, and it is absolutely impossible to lose money. The interest rate is high, and it is much stronger than the national debt. Therefore, employees who are interested in financial management are basically calculating how much they can subscribe, and then Call your lover and family to discuss and see how much you can subscribe.

Because it was Taobao's summer brand day sale in the evening, Li Mu went to Taobao to accompany the team to fight, so in the afternoon, he went back to the apartment near the company to rest for a while, made up his sleep, and set an alarm clock for eleven o'clock. I was awakened by Chen Ze's phone call at ten o'clock.

The first sentence Chen Ze said on the phone was: "The three billion fund Lao Zhou has all been pre-sold."

Li Mu was still drowsy, and when he heard this, he turned over and said, "What? Is it all pre-sold?"

Chen Ze snorted and said excitedly, "It was sold out as soon as it was looted. It was all subscribed by the employees and family members of the commercial bank, and there was not a cent left..."

(To be continued.)