Chapter 1568 Let the World Crawl Under Your Feet (Happy New Year Everyone!)

Netizens are looking forward to Li Dong's return, while Li Dong is spending his honeymoon while preparing his own plans.

Yuanfang Group, after several years of development, can't keep up with many things.

But in a competitive environment, most things are filled in the competition.

However, the development of an enterprise should ultimately be attributed to talent and capital.

Without these two points of support, no matter how good an idea is, it will eventually become a tool for others to make money.

Now, in terms of talents, Yuanfang has been continuously recruiting from the society, and cooperating with some universities and government agencies to establish talent training bases. A batch of reserved talents has begun to work.

In the end, the factors that restricted the development of Yuanfang returned to the original point.

money!

In fact, Yuanfang is not short of money, hundreds of millions or billions. Sometimes for Yuanfang, it only takes a period of time to accumulate, and the group can replenish blood.

But for a group like Yuanfang, especially when Li Dong's wolfish ambitions are huge, hundreds of millions and billions are not enough to meet Li Dong's needs at this moment.

Even tens of billions of funds, for Li Dong today, sometimes even a plan cannot be supported.

After obtaining the consumer finance license, Li Donglian was reminded of how the leverage ratio of lending companies is generated.

The so-called leverage ratio refers to the fact that these companies that have obtained licenses for microfinance and consumer finance have released funds several times or even dozens of times higher than their registered capital.

Just like Yuanfang Finance, this time the registered capital has been increased to 2 billion.

In other words, the actual cash stock of Yuanfang Finance is only about 2 billion, so how can it issue hundreds of billions of loans through this 2 billion cash?

In the previous life, Ant Financial’s registered capital was not as large as that of Yuanfang Finance at the beginning. With a registered capital of more than one billion, it released hundreds of billions of loans, and there were still hundreds of billions of loan balances afterwards.

This means that Ant Financial has too much money to release.

The actual registered capital of the other party is only a few billion yuan.

Where did the extra hundreds of billions of funds come from?

This money is actually not Yu’e Bao’s money, maybe part of it is, but it is not directly transferred to Ant Financial through Yu’e Bao.

This money is all financed.

Different from traditional equity financing and bond financing, it is a newly emerging international financing channel, ABS financing.

The concept of ABS actually appeared not too late. In 1998, the concept existed internationally, and Huaxia also promoted it in Shancheng in 1998.

In general, it is to attract investors from all over the world to invest and finance with the expected future income of a project and its own fixed assets as guarantees.

In Huaxia, the most financed by ABS is actually government infrastructure projects.

Like a highway, a high-speed rail road, or the Yangtze River Bridge, they may be used by the government for financing and absorb funds from the society.

The price is to guarantee future tolls, operating expenses and the project itself.

The government took decades to repay this debt without paying, and then nationalized the infrastructure.

This method has actually been used in social infrastructure projects a long time ago. Of course, it was not called ABS before.

In the previous life, most of Ant Financial's hundreds of billions of cash stock was financed through ABS.

Using the loan proceeds and interest as a guarantee to attract international funds, there may not be many investors at the beginning, but when Ant Financial is on the right track and has considerable returns, many people will invest.

Among them, even some government agencies.

It is normal and legal for government agencies to use employee pensions, social security funds, unit trusts, mutual funds, medical insurance... These funds for investment income.

The social security and medical insurance paid by employees and units, the money reaches the government, and the government cannot just leave it there.

It is also a matter of course to be optimistic about some projects and invest in them.

Of course, the government's funds generally focus on social infrastructure projects.

Some foreign railway laying, bridge construction, including energy projects, these are the investment goals of the government.

Of course, not all of them are invested in these. Foreign bonds and large bill business are also the target of government investment.

In short, it is all based on stability.

The projects financed by ABS are generally relatively stable, mainly social infrastructure and energy projects, and the participating financing companies are generally mainly industrial.

It is a fact that the industry is not easy to finance.

However, with the popularity of ABS financing, some industrial giants can also use some means to package and beautify their corporate projects and conduct ABS international financing.

And there is no need to divide the equity, as long as the interest and principal of the investors are repaid.

Because there are many investors involved in ABS financing, it is actually a disguised form to minimize the risk.

Originally, a company needs tens of billions of financial support. At this time, the financing parties are generally limited to a few, dozens of them.

After all, there are too many companies involved, and in the end, the equity is chaotic, and there are too many messy troubles.

At this time, the participating companies are actually very risky, with tens of billions of funds at every turn.

The risk of taking ABS financing is much lower, and the number of participating companies and individuals may be as high as tens of thousands.

From a formal point of view, ABS financing is actually somewhat similar to social fundraising.

However, the main body of the ABS project actually exists and is guaranteed by assets, which is much less risky than individual fundraising in the society.

...

This time, Li Dong thought of the ABS financing plan because he had obtained a consumer finance license.

He doesn't want to continue to divide the shares in the distance. If it is a loan, it is not difficult for the bank to get less than 10 billion, and there is even hope for tens of billions.

But no matter how much, the bank was not opened by his family, so how could it give him unlimited loans.

He didn't want equity financing or loans, so he could only use ABS to split and package some projects under Yuanfang, and then carry out ABS financing. This is Li Dong's idea.

Yuanfang Finance now has a business license in this area.

Projects in distant places can actually carry out online financing, which is somewhat different from self-financing.

And if there are not many funds absorbed by the society, at this time, Li Dong can use the funds absorbed by Yu'ebao to invest in the ABS field through Tianhong Fund.

Thus, it avoids some policy issues.

Therefore, Yuanfang’s adoption of ABS financing is actually guaranteed.

Even if he does not use ABS, the financial company owned by Yuanfang, Li Dong can still find some well-established professional guarantee companies in the world for ABS financing.

And Yuanfang does not need to pay too much, just use the assets and future income of the project as a guarantee.

As long as someone is optimistic about it, Yuanfang doesn't need to pay an extra penny except for the interest.

This is much more convenient and simpler than taking your own assets and taking out mortgage loans.

And the final equity will not be dispersed. This is one of the main reasons why the ABS financing method has become more and more popular internationally in the past two years.

...

In the hotel.

It was dark outside.

During the day, Li Dong and Shen Qian went to the beach to play and basked in the sun all afternoon.

Back at the hotel, after dinner, Li Dong started to make his own preparation plan.

Regardless of any financing plan, there is no perfect plan, no project subject that can impress people's hearts, and others are not fools, so naturally they will not pay for it.

Today, the main body of this project is still in Li Dong's plan and has not actually been produced, so this job can only be done by himself.

While thinking hard, Li Dong tapped his pen on the table, adding a few words to the plan in front of him from time to time.

At some point, Shen Qian came in with the milk, and said softly: "Drink a glass of milk first, you have to run around with me during the day, and you have to work when you come back at night, you are not tired, I am tired just looking at you.

If we are really too busy, let's go back to Hirakawa tomorrow.

In fact, the scenery outside is just like this, not as good as our East Garden. "

Li Dong took the cup and said with a smile: "Can it be the same? This is the sea, and our house is a small pond, they can't be compared.

Besides, I'm not tired.

These days, there is actually nothing to be busy with, the main thing is to make a plan. "

Seeing that Shen Qian hesitated to speak, Li Dong put down his pen and said with a smile: "Actually, it is the plan that Yuan Chengdao and I mentioned before.

Didn't I say last time, let them investigate the status quo of the global retail industry?

Yuanfang Retail has now achieved dominance in China. If we want to dominate, the only thing we can do is to defeat several other giant retail companies.

But even if we are defeated, we are still tossing in China.

If we really want Yuanfang to overtake Wal-Mart, we may be able to do it purely by revenue, but the actual influence is not the same.

Therefore, if we want to achieve this scale and increase our influence, the only way is globalization and internationalization!

And what is the premise of all this? "

"funds."

Seeing that he finally said this to herself, Shen Qian felt a lot more relieved, sat down beside him and said, "Now that we want to go global and international, we need too much money.

You don't want to penetrate slowly, but want to occupy a certain market share as soon as you enter.

Under such circumstances, it can only be achieved by merging and acquiring some local giant retail companies.

But this is the layout of the country, but like Huaxia, the layout of a county and a prefecture-level city.

A company with a certain market share in a country, once merged, can cost billions or tens of billions, and I'm talking about US dollars!

Although Yuanfang is now making good profits, it is not enough to support this plan.

When you said it before, Senior Brother Yuan and the others felt that the Arabian Nights lies in this point.

What, you now think of how to solve the funding problem? "

Li Dong shook his head and said, "It's just an idea for now, does ABS know?

I just want to raise funds globally through ABS, but I want investors to trust me and invest in us. It doesn’t mean that we will surpass Wal-Mart to convince them.

First of all, we must let investors see our strength and potential.

Therefore, at the beginning, if the plan is to be made, Yuan Fang must contribute by himself.

Therefore, I would like to merge and acquire ParknShop first, and then take over the retail market of Xiangjiang Department Store.

Xiangjiang is the bridgehead for Huaxia to enter the international market. Here, we have demonstrated our strength and confidence. Next, we will launch our plan, which will be relatively easy.

What I need is not 100 or 200 million, or billions.

If I do ABS this time, the funds I need may be as high as hundreds of billions or even more!

Who is willing to invest in us without a plan that touches people's hearts, as well as practical actions and strength guarantees?

Now, I start to make the plan, and let the people in the group polish it later.

The time for ABS has not yet arrived. "

Shen Qian became interested, and said with a smile: "When Weibo goes public and Teng Xun resumes trading, if a miracle is created at that time, the time will come!

Make your new plan, start with the acquisition of Baijia, and then formally enter the international market!

At this time, Yuanfang has confidence and strength.

At the same time, social influence and popularity will rise again!

At this time, investors at home and abroad will be eager to try, because Yuanfang has brought miracles over the years, with high returns and minimal risks! "

Li Dong nodded and smiled, "Not bad!

So a lot of people want me to show up now and create a little buzz.

But what are you doing now?

I have no money to expand, and no one is going to hate me. What else can I do other than show off?

But wait for a while, it will be different.

Originally, I planned to clean up the domestic side first, and then enter the international market.

But now I find that these domestic guys are actually more difficult to deal with than foreign giants.

In addition, there are still a few land households, which makes it even more difficult to solve.

But once I gain popularity in the international market, gain fame, and confirm the strength of Yuanfang Multinational Group, I will truly reach the standard of the world's top 500...

At this time, the resistance in all aspects will be much smaller.

Even state-owned enterprises such as Huarun may be actively integrated into our system by the government.

Because, we are one of the world's retail overlords!

Moreover, if we want to promote our e-commerce platform worldwide in the future, just like Amazon, the offline layout is also one of our confidence and core competitiveness.

I did this in 2009, so my path is actually much easier than many others. "

He said many people, and he was talking about people like Ma Yun in later generations.

Their road is actually more difficult than the distance, and it is more difficult than Li Dong.

The key lies in the issue of time. It will be six or seven years later when they reach the current situation in Yuanfang.

Six or seven years is enough to change a lot of things.

At that time, Ali wanted to enter the world, but it was actually very difficult. Except for the B2B business that Ali really achieved in the world, other businesses, including the payment business that the country was promoting later, failed to gain a firm foothold in foreign markets.

The reason is that the time is too short, and foreign countries are also developing, leaving little room for Ali.

In the distance, the international market layout started in 2009, at least five years ahead of schedule.

And five years can really make all the difference.

Li Dong said, and finally said: "So these two months, we can rest for a while, and let outsiders guess at will.

I'm currently in a dormant period. Once I come out again, Ali and Su Lin are destined to be small roles! "

After Li Dong finished speaking, Shen Qian said with a look of admiration: "So, you have regained your fighting spirit? Have you decided not to retire?"

It is undeniable that serious men are more attractive.

Although Li Dong has been with Shen Qian all the time these days, it really lacks some taste to let go of Li Dong who is far away.

Of course, Li Dong, who has already reached the peak and the altar, even if he puts it down now, he is an undeniable legend.

But if it can continue to be legendary until eternity, it will be even more fascinating.

Being married doesn't mean she really doesn't want to be passionate. Even if she is married, Shen Qian also hopes that Li Dong can live a more exciting life, not because of marriage, making Li Dong, a man who is destined to be a legend, trapped in a small family.

Seeing that she was happy, Li Dong couldn't help laughing and said, "Don't be too happy, this plan is huge, so huge that the acquisition of Baijia is just the beginning and the beginning.

In the later stage, the funds used may exceed 300 billion or more.

Once the plan fails, fails to gain a firm foothold in the local area, and sells the industry in a package, the minimum loss will be more than 100 billion, or even more, and it is possible to lose everything.

At that time, even if I don't go bankrupt, the remaining capital in my hand will not be strong enough. "

The offline retail market is already highly competitive and the profit margins are getting lower and lower.

At this time, in order to expand the scale, Li Dong made a large amount of mergers and acquisitions, and if he was a little careless, it would be a huge loss.

If the plan fails, it is almost inevitable to lose hundreds of billions.

Shen Qian laughed and said, "It's okay, I believe you will succeed!

Even if it really fails, that's okay.

At least, people in Huaxia would know that there was once a self-made man who started his business for only a few years and started to hit the number one position in the world.

Even if it fails, so what?

Even if it is regarded as a negative teaching material, your name, Li Dong, may be indispensable in all business textbooks in the future.

Industrial impact comes first, which is much more difficult than Internet companies.

If you succeed, you will create a myth that no one can surpass.

Such a miracle, I think, will be remembered by the world! "

A man who is remembered by the world, even Du Anmin can't do this, and it's even far away.

But Li Dong is now heading down this road.

Be it success or failure.

In the end, it's nothing more than a loss of money.

However, compared with money, this kind of feat that can be recorded in history is more valued.

Those who are officials want to leave their names in history, and those who are businessmen don't have this idea?

It's just that others can't do it, because it's easy to be a small businessman, but it's really harder than being an official to really achieve that level.

At this time, Shen Qian really doesn't care about success or failure, as long as Li Dong has done it, then he is great!

Even if it fails, it is still great!

In this life, being able to marry such a man, even after a few years, when the two of them are poor, Shen Qian can proudly tell everyone that her man once made the world surrender and tremble!

Li Dong laughed and said: "Don't be so excited, it's not good for the child.

In fact, whether it is playing games or doing business, no one wants to sit on the throne of king.

Ranking first, that 'one' is also everyone's pursuit.

It's just that some people dare not chase after it, and some people are too far behind to despair.

And now, I still have hope.

Before, in Huaxia, I achieved this 'one'. At this time, I did lose a little enthusiasm.

When the top 500 list came out, I realized that I was no longer number one, with a three-digit ranking.

At that time, I was actually preparing.

I hope that in the near future, Li Dong will be number one on this world ranking! "

"Handsome!"

Shen Qian praised her, then got up and walked out.

Seeing this, Li Dong asked in surprise, "Why are you going?"

"Pack your bags and go back tomorrow!

It is inconvenient to communicate outside now. Since you want to be the first, you should do it seriously. There is no first-line news and materials, and you can only rely on your imagination. "

Li Dong couldn't help but laugh, women, sometimes you don't have ambitions, but it doesn't mean you want to see men without ambitions.

A man's success, in the eyes of a woman, is their success.

Shen Qian obviously hoped that her man could make the world crawl under her feet.