When he came out of the room, Bai Xiao was still excited and surging without any peace.

Thirty million!

As soon as she entered and exited, she became a rich man holding a huge sum of money!

What’s important is that these 30 million are completely controlled by her, so she can spend whatever she wants!

Since Bai Zhendong still had some serious matters to talk to Bai Jingming, Bai Xiao was the only one who came out first. At this time, standing in front of the steps, Bai Xiao took a breath to calm herself down. However, the envelope in her hand really informed her of its presence, which made her unable to calm down for a while.

Shaking the envelope in her hand, she raised her head and looked at the sky. Although there were dark clouds in the sky and there was no direct sunlight, she seemed to be able to penetrate the envelope and see the bank card and checks inside.

Well, I can't get tired of watching it no matter how you look at it.

"Tsk tsk!"

Suddenly, Bai Xiao felt that his behavior was a little childish, so he twitched and subconsciously reminded himself to be calm.

Fortunately, there was no one else around, so no one saw her behavior.

Besides, with these 30 million, Bai Xiao no longer has to worry about feeling distressed when he is on the fuel. This is the most practical experience.

Thinking of this, I was in a good mood.

As for the security of assets, Bai Xiao was not worried at all.

From the configuration of her 30 million assets, except for the 500,000 being a cash check, the rest can be roughly divided into three categories:

First, stocks, with nearly four million funds in the form of stocks circulating in the secondary market.

These stocks all choose large-cap stocks with relatively stable stock prices. The so-called large-cap stocks are the final stocks. Because the plate is large, ordinary speculators cannot speculate on it, so the stock prices are relatively stable - basically avoiding large fluctuations and causing drastic changes in asset quotas. Moreover, when allocating the stock holding list, it was identified by professionals. On the premise of stability, large-cap stocks with certain room for growth in the future are selected, which can be said to be stable and lasting.

Bai Xiao can directly cash out this amount of funds;

The second is bonds, mainly medium- and short-term (three-year) government bonds, which account for five million yuan, which is exactly the so-called "dowry" given to Bai Xiao by the family.

In fact, this part is the dowry, and the details list are explained in brackets. Since it is a dowry, of course, the pursuit of stable value preservation is the top priority, so the direct investment of this fund has become a treasury bond, which is more appropriate for three years, whether it is time or return.

Moreover, this fund can also be cashed out at any time in the secondary market;

The third part is handed over to the "Baihua Fund" for operation, and the funds reached about 20 million.

Baihua Fund is a private equity fund under Baihua Holding Group, with a capital market of 3 billion yuan, making it a relatively large fund.

Generally speaking, private equity funds are usually between hundreds of millions and billions of dollars. They do not recruit funds publicly, but choose specific groups to raise funds and register. Nearly 90% of private equity funds are less than one billion, and funds exceeding one billion are large funds.

In the capital market, usually the larger the fund, the stronger its strength, and naturally it has more means to diversify and resist risks.

Moreover, this "Baihua Fund" is the own fund of the Bai family, so there is no risk of the manager running away.

According to the commission agreement signed by Bai Xiao and "Baihua Fund", the subsequent fund will select a special investment manager for her to manage and operate the funds - to put it bluntly, it means giving the money to a professional person and asking him to help with the investment, while the investment manager takes commissions from the profits earned by the investment.

As for the specific investment direction, in the agreement, Bai Xiao chose a stable type, that is, the investment direction is more stable and conservative. After all, she doesn't want her money to have problems! Nearly half of the 20 million funds chose debt claims with low risks and good returns, while the remaining 10 million is divided into financial management, stocks and other investment categories.

The framework is set like this. How to choose the investment goal is the investment manager's business. Bai Xiao is not good at this and does not want to participate too much.

In general, with these 30 million in hand, Bai Xiao suddenly felt like he had turned over and became the master.

Sure enough, the clothes are saints, and money is heroic courage. After she has money, she is also considered a great hero!

Thinking of this, Bai Xiao smiled in a good mood, shook the envelope in his hand, looked back at the gentle and green yard, turned around and walked out of the ancestral hall, and headed towards Bai Liang's residence.

Just as Bai Xiao left the ancestral hall, in the room where she had signed the agreement, Bai Zhendong sat down on the sofa beside him, picked up the tea on the table and sucked it. His whole attitude was casual, not at all reserved, but it seemed like he had returned to his own office.

Bai Jingming stepped forward and smiled and said, "Brother Zhendong is so lucky!"

"What do you mean?" Bai Zhendong looked at him.

Bai Jingming said: "Isn't it still clear? The career is going well. Now I have two daughters, and they are all so smart. Isn't it a blessing?" As he said that, he paused, and the expression on his face became serious. "Especially Xiaoxiao, this little... Well, this girl's talent is obvious to all. Even the family has begun to focus on cultivating her, and her personality is so well-behaved. Isn't there another little cotton jacket?"

Bai Zhendong shook his head and said with a smile: "That's because you didn't see through her. It's a little cotton jacket, but sometimes I really think she's wearing black-hearted cotton."

Bai Jingming was surprised and nodded understandingly: "Yes, but this is the daughter."

Is it considered a biological daughter who doesn’t cheat her?

Bai Zhendong was speechless about this judgment, but after thinking about it, it seemed that both Bai Zhi or Bai Xiao now had a tendency to some extent.

Sure enough, as long as you are a biological child, you won’t have a very good attitude.

After a brief silence, the two talked about work.

The clan uncle who was absent from Xiao changed the cup of tea for the two and then participated in the discussion.

In the past year, some problems have occurred in the domestic economic operation. Of course, there are many reasons, including weak external demand and trade wars, as well as the objective reality of internal overcapacity.

In general, in the past one or two years, the environment has indeed changed a little, and high and low-end industries have shown obvious differences. The good are making rapid progress and conquering cities and lands, while the poor are sighing and sighing that business is not easy to do.

"The Baishi Group's revenue this year is not bad, right?"

After talking about internal and external factors, Bai Jingming asked.

As the helmsmen of the two major commercial groups of the Bai family, Bai Zhendong and Bai Jingming are both working hard in the business world, so they need to sit together often to discuss economic and policy issues, and accurately grasp the current situation through communication.

"It's okay. As of the end of July, the cumulative trade and income this year have increased by more than 32% compared with the same period last year. The company's total valuation has approached the 70 billion mark."

He said in a relaxed tone, as if the subtle fluctuations in the domestic economic situation had nothing to do with him, but to be honest, the current situation of Bai's Group is indeed very good, and Bai Zhendong is also cautiously optimistic about the future.

Bai Jingming nodded and joked: "It is said that the physical industry is not easy to do, but your pharmaceutical field is still making huge profits as usual! The growth rate of 32% should be no problem until the end of this year. Tsk tsk, this exaggerated growth rate is just like a small start-up enterprise."

"It's not that the pharmaceutical industry is so profitable. The key is that you have to be willing to invest in the early stage. Technology is the primary productivity, but without investment, there is no way to talk about this productivity."

Bai Zhendong ended his experience and smiled and said, "The layman only saw our exaggerated growth rate, but they did not see the cost we invested in developing a new drug. It is an efficient drug on the market, and has independent property rights and market competitiveness. Which one does not invest a one billion or ten billion R&D cost?"

"With successful medicine, there are failed medicines. Those failed medicines have invested billions of dollars in building R&D teams and equipment. These are all silent costs and need to be shared."

"Our group has invested huge amounts of money in the early stage, and now it has just shown results. Especially a new anti-cancer drug, which has just been selected for medical insurance, is expected to have a major outbreak next year."

"That's good!"

Bai Jingming nodded and was also happy about the progress of the Bai Group.

"When it comes to medical insurance, I heard that you were being severely suppressed by the negotiation team?"

Bai Zhendong nodded calmly: "The national negotiation team is indeed very powerful. The expected selling price we had calculated was cut by nearly half. Fortunately, we have been admitted to medical insurance and our country has such a large base. If we share it slightly, the total amount will be the same. Small profits and quick turnovers, and ordinary people will benefit."

This is indeed the truth.

Bai Jingming read a news that it is said that a certain imported anti-cancer drug was directly cut by the negotiation team because of medical insurance. However, the monthly medical expenses of ordinary patients were directly reduced from 50,000 to 10,000, and then reduced through various policies, and even only cost thousands of yuan per month.

This is a good thing that benefits the country and the people.

"When it comes to growth, your Baihua Holdings Group's annual profit is only high and not low compared to Bai's Group. The total capital market this year should have exceeded 100 billion, right?" Bai Zhendong suddenly asked.

Bai Jingming was not vague and nodded, "The capital market is indeed almost the same. As for profit growth, it can barely maintain it at 67%. "

"It's not bad, too."

"Um."

Baihua Holdings Group is much larger than Baihua Group. There are hundreds of companies that directly or indirectly participate in the controlling stake, including many unicorn companies on the market, which have contributed considerable profits to Baihua Holdings Group.

But like Bai's Group, most of the profits of Baihua Holdings Group are used for "reinvestment" of enterprises, so there is not much profit paid to the family every year.

Of course, this is not much, but it is actually quite a lot. After all, the Bai clan has to raise so many spirit controlers every year and also distribute funds to the new generation. Conservatively, the expenditure for one year is still quite terrifying.

"By the way, let me tell you something."

Bai Zhendong looked curiously: "What's the matter?"

"The Spirit Controller Conference will be almost held soon. I have received news. I heard that the Yan family is preparing to promote the change of the committee?" When talking about this topic, Bai Jingming looked serious.

Bai Zhendong also restrained his smile and nodded: "Indeed, I heard from my father too."

The Yan family, like the Bai family, are one of the five major families in the Spirit Realm.

The spirit control meeting mentioned by Bai Jingming is held every five years, and spirit control people from Yuantai and above across the country will be invited to participate.

It is the glory of the Spirit Controllers who are eligible to be invited to the conference. Everyone gathers together to get to know each other, communicate with each other, and learn about the latest developments in the Spirit Controller World.

The Ming Zun Realm Spirit Controller has a higher status and has the opportunity to vote for the Executive Committee responsible for the affairs of the Spirit Controller.

This executive committee is an arbitration institution, led by the Yuling Administration, has fifty directors and has the highest authority in the Yuling World.

The so-called five major families are in a sense the five families with the largest number of people selected on the Executive Committee. They enjoy certain privileges in the allocation of resources.

This time the meeting was held, the Bai family was of course one of the protagonists and wanted to show their faces.

Of course, what is more important is that through these five-year gatherings, the Yuling Realm will sort out the situation of various forces. How many Mingzun Realm masters have a certain family, how many Divine Sea Masters, and especially among the younger generation, how many newcomers in the Yuantai Realm are there, etc. These are all entered and announced to the public.

The more masters, it means the weight of speech, and the more rising stars among young children, it means future development.

Two major lists will be generated, and all participants will be released in the form of a "book".

That's roughly the process.

1. Get to know each other and communicate;

2. Voting committee;

3. Prepare a list.

As for the so-called young children who often appear in many cases, and then determine the family rankings, there is no such thing.

The Spirit Controller Conference is a serious and harmonious conference. Everyone meets, drinks tea, chats, and gets some small gifts before leaving. Don’t mention how harmonious it is.
To be continued...