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Chapter 241 [This is the power of the background]

Chapter 241 [This is the power of background]

Qunxing Capital's performance in the first half of the year has been exaggerated enough. If we look at the current data on July 20, the company's A-share market investment net profit has reached 76.7 billion, and overseas capital income has reached 19.1 billion, which is approximately

RMB 130 billion, the net assets have soared to 212.5 billion, and the total assets have reached 309.8 billion.

It can be said that it greatly exceeded the expectations of senior executives such as Hua Yu.

In addition, the debt ratio has also been reduced to about 31%, because the capital market is now rising sharply, A-shares are beginning to sprint towards 3300 points, and the stock asset prices held by Qunxing Capital are increasing in value.

Since the company's debt has not expanded much recently, the current debt ratio on the income statement will naturally decrease.

In the first half of the year, the company's capital increase in asset prices was almost negligible compared with the taxes paid. However, in the second half of this year, the amount of taxes paid by Qunxing Capital was astronomical.

The more than 20 billion repatriated from overseas will be included in Dao's financial results in the second half of the year. In addition, in a few days, Fang Hong will clear out the stock assets held by Big A. The combined investment income at home and abroad will inevitably be cashed out.

A scale of over 100 billion.

Although investment income is accounted for separately and is not included in the company's operating income, it needs to be included in the total profit to calculate and pay a corporate income tax of about 25%, plus urban construction tax, vehicle and vessel tax, land use tax and other miscellaneous taxes. In the second half of the year, Qunxing Capital will

It will contribute more than 30 billion yuan in tax revenue.

It immediately became the largest taxpayer in Xincheng. Regarding taxes and fees, Fang Hong only gave the management of Qunxing Capital the following eight words of guidance: Don’t steal, don’t leak, and pay everything you owe.

The biggest advantage of Qunxing Capital is that there is no original sin. To put it bluntly, the original accumulation of capital when the company was started is clean, reasonable and compliant. This is the greatest confidence that it dares to take off.

Fang Hong seems to be playing wildly, and some of his strategies are audacious, such as using 1 billion to leverage 20 billion in leveraged funds, daring to pay an annual interest rate of 15% to receive tens of billions of funds, etc. In the eyes of outsiders, this is

These are extremely dangerous operations, and a little carelessness may lead the company into a ditch.

But this series of operations are completely reasonable, legal and compliant.

In one sentence: Qunxing Capital can withstand inspections, and it can even withstand reverse inspections. Even if it is thoroughly investigated, no problems can be found.

It can stand up to investigation. It’s just four words. There are only a few companies that can do it.

There are really not many companies that dare to say with confidence that they can withstand a thorough investigation. Not to mention others, if someone from the tax bureau comes to your door and says they want to check your company's accounts, I don't know how many bosses will have trembling legs.

Not to mention other more obscure things.

It is not that Fang Hong has never done some wild tricks, but the wild tricks he plays are based on a premise, which is that they must comply with the law and regulations. To ensure this premise is to isolate risks.

But at this moment, Tian Jiayi saw Fang Hong signaling to him, and immediately walked up to him and handed him the materials.

Fang Hong took over, opened the file and read it again, nodded to himself and said: "Well, not bad, the food for the second half of the year is in place."

If the main mission of Qunxing Capital in the first half of this year is to make money, then starting from the second half of the year, it will focus on spending money, that is, large-scale investment in the primary market.

The first investment in the second half of the year started with Xingtun Hengtong Pharmaceutical Group.

On the side, Tian Jiayi silently looked at Fang Hong who was browsing the materials. She found that although this younger brother-level boss was too indulgent in his private life, he was so calm in the face of this performance figure of hundreds of billions, as if it was commonplace, which made her look askance.

Continuously.

Tian Jiayi was extremely shocked when she saw this financial report. The power of Qunxing Capital was far beyond the limit of her imagination by more than ten times.

She originally thought that the asset size of this fast-rising rookie investment company would only be around 20 billion, no matter how overestimated it was. She never expected that as of the first half of the year, it had reached the 250 billion level. If the current data was calculated, it would have reached 300 billion.

level.

The most incredible thing is that the 21-year-old young man in front of me achieved all this in just one year. Most entrepreneurs in traditional industries want to build their companies into hundreds of billions of dollars.

It takes at least two generations of effort.

Just a few days after joining Qunxing Capital, Tian Jiayi's understanding of financial capital's terrifying ability to reproduce wealth has been refreshed.

However, industrial capital and financial capital each have their own advantages and disadvantages. Although the expansion speed of financial capital is terrifying, it is very "virtual"; although the growth rate of industrial capital is not fast, it is very "real". Once a financial crisis occurs, the wealth of financial capital may instantly

It was wiped out, but industrial capital still has a lot of physical assets.

Even if real assets are devalued to the same as cabbage prices during the financial crisis, real physical assets will not disappear out of thin air. If you can identify the goods at this time, buying up real assets valued at cabbage prices is equivalent to picking up money.

.

Anyone who can penetrate the underlying assets of Qunxing Capital will find that although this capital group's current size has expanded to 300 billion, it is actually in a somewhat "virtual" state.

Fang Hong himself is very aware of this, and it is naturally impossible for Star Capital to remain in such a state.

Walking on two legs is the last word.

Therefore, the main task of "spending money" in the second half of the year is to invest in real industries on a large scale, inject liquidity into industrial capital, and form a virtuous positive cycle with a double helix structure. Industrial entities support financial capital, and financial capital gains huge liquidity and then feeds back.

Real industry.

Qunxing Capital is an unlisted company, so this financial statement does not require regular disclosure reports to the outside public. Fang Hong has no plans to list Qunxing and will list many of its subsidiaries, grandson companies, etc. in the future.

At the end, Fang Hong closed the material report and returned it to Tian Jiayi. After thinking for a moment, he turned his head to look at the beautiful assistant and ordered: "Go and say hello to Cao Chenghui. Come with me to Yixing Media Business Group tomorrow. You too."

Tian Jiayi nodded: "Okay."

Hou Junda's team took over the Yixing Video project under Yixing Media Group. Yixing Video, an online streaming video website, can be said to be one of the most important cores of Yixing Media Group.

In recent days, Fang Hong learned that Hou Junda had encountered some difficulties and tried to recruit people but failed. He went over to see what was going on.

In addition to this, another important purpose is to decide to hand Cao Chenghui in charge of the Yixing Media business. This is the reason for calling him on, and it is also related to the future adjustment of the core decision-making level of Qunxing Capital to a rotation mechanism.

It is obvious that Fang Hong is accumulating qualifications for Cao Chenghui's promotion. To put it bluntly, he is giving him the opportunity to accumulate performance credits, and when he has accumulated enough, he will be promoted to the board of directors.

The boss is very satisfied with Ah Hui.

He knows how to get things done, he can handle things, and his emotional intelligence is also good. I still think highly of him.

Tian Jiayi smiled and said, "If I don't have anything else to do, I'll leave first."

Fang Hong immediately said: "Wait a minute."

Tian Jiayi stopped, turned around leisurely and said, "Any other instructions?"

Fang Hong thought for a moment and looked at each other: "You have to adjust the names you use to me on different occasions. You are now one of the executive vice presidents of Qunxing Capital. When you go to Yixing Media Business Group tomorrow, you can't do it in front of Hou Junda and others.

They call me Mr. Fang, but the apparent head of Star Capital is Hua Yu, otherwise they would be confused."

Hearing this, Tian Jiayi nodded and asked: "Then what should I call you then?"

After saying that, she waited for Fang Hong's answer. The latter thought for a while and then told her the answer. She never expected that Fang Hong would ask like that.

Tian Jiayi came out of the study. She went back to her room and thought about it for a long time but couldn't figure it out, so she called Yue Qing for help.

At present, within Qunxing Capital, she has to say that she has an estranged relationship with her at the same time. Her relationship with Yue Qing is relatively the best, and she is also very grateful to Yue Qing. Without Yue Qing, she would not even be able to see Fang Hong.

Yue Qing now also takes great care of Tian Jiayi, and even wants to develop a relationship with her to the level of best friends.

At this time, the two were talking on the phone, and Tian Jiayi said confusedly: "Sister Yue Qing, what do you mean by Mr. Fang? I really can't understand his intention."

Yue Qing on the other end of the phone was surprised: "Did he really say that? Asking you to call him brother outside?"

Tian Jiayi nodded: "Well, he said that from now on we will treat each other as brother and sister."

Yue Qing's voice suddenly came: "Xiaotian, you really don't know Mr. Fang's intentions. He is doting on you and even more so to endorse you in the company. I don't know how many people are envious of this kind of treatment. Why don't you let this crime go?"

Confused?"

Tian Jiayi couldn't help but be stunned for a moment. Yue Qing, who was on the other side of the phone, further explained to her: "You are Mr. Fang's actual assistant, but don't forget that your position as executive vice president in the company is a real core-level position with real power.

This is also a fact. Under normal circumstances, it is impossible to sit in the current position based on your resume. You need to have no qualifications, no background, and no ability. Even if you have it, it will take time to prove it."

Yue Qing continued to add: "You are parachuted to the core level in this situation. Except for a few people such as myself and Mr. Hua, the others don't say anything but have no complaints about you in their hearts? Which one of them, Qiu Guangcheng, Zhao Sheng, Shi Yao, etc.

Aren't they better than you in terms of ability and qualifications? What will they think if you are on equal footing with them at only 26 years old? Let alone your colleagues at the next level, they will not be convinced by you."

Hearing this, Tian Jiayi hesitated to speak. She found that she had no words to refute. This was indeed the case in her own situation. She also felt that she was so lucky. After joining Star Capital, she was directly parachuted into the core layer, which made many people envious and jealous.

After a while, Yue Qing's voice came again: "Ability, qualifications, and background are the three things. What Mr. Fang can give you right away is background. Think about it, when those people who criticize you have a lot of criticism.

, when they suddenly heard you calling Mr. Fang your younger brother one day, they immediately lost their temper. From now on, they will not dare to deliberately embarrass you in the company, and they will even have no time to flatter you. This is the power of background."



(End of chapter)


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