"Have you all read this article on Hustin.com? Do you have anything to say?"
In the luxurious office on the top 50th floor of Ruixiang Building, Zhang Yida convened a meeting with senior executives of his companies.
"With 30 billion U.S. dollars, Ruixiang's current valuation is more than this. The editor of Hushu.com also laughed at the editor of Forbes. He himself is not serious about his work." Lin Zhenyang criticized mercilessly.
Zhang Yida shook his head, "His valuation of most of my companies is quite accurate. It can be seen that the other party has put a lot of effort into it."
"Mr. Zhang, this article seems to be praising you, but it actually has evil intentions and wants to praise you and kill you."
Lu Fenghai’s eyes were cold. Pate.com received Series C financing this time and became a new unicorn, which attracted a lot of attention from the society.
In the same way, as much praise and praise as there is from the outside world, there will be as much jealousy as there is from peers.
He seriously suspected that his competitors were secretly causing trouble for them.
Several other company executives also nodded, agreeing with Lu Fenghai's point of view.
Lu Fenghai continued: "This article first points out that Mr. Zhang may have tens of billions of dollars in wealth, but only spends 5 million yuan for charity every year.
And this 5 million was also spent on a shelter center for stray cats and dogs.
He also said that every time the staff of Pate.com went to charity events, they would carry Dogfud brand dog food and even give a close-up of Dogfud’s logo.
In addition, he also said that videos of us feeding stray cats and dogs are often seen on major video websites.
Isn’t this a mockery of our show?”
Lu Fenghai took out his mobile phone, connected it to the projector in the office, and showed everyone the comments on Weibo and official accounts.
"Zhang Yida is worth tens of billions of dollars, but he only spends 5 million for charity every year? The unit is still RMB. This is too stingy!
I'm really sorry for my worth. If I had this worth, I would donate at least 500 million every year!" - Netizen, go Pikachu.
"The 5 million was not really used for charity, but Zhang Yida used it for business.
First, I invest money in the shelter center, and then I find someone to put on a show of feeding stray dogs. I shoot a video and send it to major video websites to advertise Dogford brand dog food.
There is indeed a "way" to making money, I admire you!" - Netizen handsomeness is a kind of trouble.
"Let me just say, why do I often see videos and pictures of feeding stray cats and dogs on major video websites and self-media.
It turns out there is a driving force behind this! It’s really hypocritical to secretly advertise your company under the guise of public welfare. I will never buy dog food from Dogfud again!” - A netizen will watch the shooting stars with you.
"What the hell? Donate 5 million to dogs every year? Do you know how many children in mountainous areas in our country can't afford to go to school or eat? It's simply refreshing!" - Netizen Xiao Youyou.
It’s not all one-sided criticism of Zhang Yida, there are also neutral netizens who have made relevant comments.
"You're stupid, who would do anything for charity if it doesn't do any good? Those big bosses donate so much money every year, not just for a name, but also to advertise for their companies." - Netizen Speed Oh.
"It's normal. After all, they still invested 5 million yuan. It's better than an iron rooster who gets nothing." - A netizen's little P kid.
The comments from netizens who favor Zhang Yida are even more interesting.
"It's terrible to have no culture. Zhang Yida's company, Yimin Wangjin, was listed on the market, and the stock price of Yimin Wangjin has been fluctuating. The U.S. stock market has a strict cash-out mechanism.
Compared with the established rich people, Zhang Yida doesn’t have much liquid cash at all.” - Netizen Jingyu Baobao.
"Pate.com is a start-up company, and it is good to be able to use 5 million for charity every year!
No matter how much, the co-investors will invest money for you for charity, right?" - Netizen Da Mo Junger.
"5 million is too little? Why don't the keyboard warriors rob the bank?" - Netizen Sanjiang Robber.
“People filmed videos of rescuing stray cats and dogs and posted them online to appeal to all sectors of society to care for and protect animals.
Why is it just a show when it comes to the mouth of a keyboard warrior? Why don’t the keyboard warriors try feeding stray cats and dogs themselves? Post it online and I will like, comment and forward it to you every day!" - Netizen Smile 1088.
Lu Fenghai controlled the projector through his mobile phone and showed everyone comments from netizens with mixed reviews.
Zhang Yida had mixed feelings after seeing this. Although he had some utilitarianism in doing these charity projects, wasn't it just to make money in the future so that he could invest more money in charity projects?
Why don’t netizens understand themselves at all? This generation of netizens can’t do that.
He waved his hand, "Okay! Go your own way and let others take care of you. Isn't there a pet hospital offline on Petnet? If stray cats and dogs are sick and need treatment, we will provide certain free medical services.
In addition, we will cooperate with Station B to shoot an animal protection documentary, and use the documentary form to publicize and describe the achievements that Pate.com has made in animal protection over the years.
It’s not about praising ourselves, but more about calling everyone’s attention to the problem of stray dogs.”
Lu Fenghai frowned and said, "Mr. Zhang, is this going too far? Our company hasn't even achieved revenue balance yet!"
"It won't pass. Pet.com is in the pet business. People who keep pets are generally more caring. We must create a good and loving corporate image of Pet.com to the outside world."
"Is it necessary to set a threshold for free medical care for animals? There are 40 million stray dogs in China, and we can't save that many."
Lu Fenghai looked very embarrassed and continued: "Actually, the problem of stray dogs is a problem for the whole world.
Some countries train stray dogs into guide dogs and patrol dogs, which is equivalent to reusing resources; Japan directly euthanizes them.
The reasonable management of stray dogs in our country has fallen into: shelved → hunted and killed → resisted → shelved again
The vicious cycle.
There has been no good solution, and 2,000 people die from rabies across the country every year, many of whom are bitten by stray dogs."
Zhang Yida nodded, "The threshold must be set. Our strength is always limited, and we will definitely not be able to handle things that even the country cannot handle.
What is more important is to use these things to appeal to the public not to abandon pets at will, causing stray animals to multiply indefinitely and causing problems to social stability."
"Mr. Zhang, I have an idea. Let's launch a campaign on Pate. For example: for every 100 yuan worth of goods sold, we will donate 1 yuan to charity activities for animal protection.
In addition, we will set up a public animal protection foundation to accept donations from Petnet members.
Regularly announce the trends and uses of these donated funds in the form of pictures, text, and videos on the official website and APP of Pate.com.”
Zhang Yida originally did not want to set up a public foundation. There is too much muddy water here, and the female singer named Han is an example.
"Okay, just watch and figure it out!" Zhang Yida nodded in agreement. He said secretly: If you want to do practical things, don't be afraid of being slandered. You are afraid of this and that, and you won't be able to accomplish anything.
After Pate.com finished its report, Bao Bufan, CEO of Huinongdai, stood up and said: "Mr. Zhang, I think we can send a lawyer's letter directly to Huxiu.com.
What they said is that the annual interest rate of Huinong Loans is 24%, which is simply slander.”
Bao Bufan was so angry that he had great opinions on this article on Huxiu.com.
He explained to Zhang Yida and other company executives present:
“When Huinongdai was founded, it used P2P funds, which were very costly. It issued a certain amount of high-interest loans, but not all of them had an annualized interest rate of 24%.
Instead, risk pricing is carried out with an annual interest rate of 12%-24% based on the customer's risk level.
The interest rates for most of them are within 20%, and only a small number of customers with bad credit and overdue loans have a top interest rate of 24%.
As Huinong Dai obtained 1 billion yuan in equity financing, 10 Huinong small loan companies were established in various provinces and cities across the country, and Huinong Dai also obtained the qualification to receive bank funds.
After the cost of funds fell, Huinong Dai made several interest rate cuts and refunds.
Huinongdai has now reduced the annual interest rate of loans to 6%-12%.
Users who previously made normal repayments with an annualized interest rate exceeding 12% have also received interest refunds from Huinong Loan.
Huinongdai refunds the interest exceeding the 12% annualized interest rate to every honest and trustworthy user.
Huinongdai kept a low profile on this kind act and did not publicize it in a big way.
After all, in the face of rising online loan interest rates in the past two years, Huinong Dai is like a breath of fresh air. Being too high-profile will only arouse the jealousy of peers.
In fact, the two cannot be compared.
Huinongdai is more similar to traditional loans, except that it uses certain financial technology and also has its own mobile APP software for loan borrowing and repayment.”
His words made Yimin Wangjin CEO Fan Hongyang, Ruimin Financial Management CEO Fang Yuhan, and Yimin Dai CEO Chen Shaojie very embarrassed.
Because in their view, the annual interest rate of 6%-12% is no different from doing charity. It simply makes no money, and may even lose money.
There is also an interest refund, what is the operation? What is eaten is also vomited back?
Compared with Huinong Loan, these three companies are definitely loan sharks.
The atmosphere was a bit awkward. Lin Zhenyang helped to smooth things over. He said: "Huinong Loan is a loan with a public welfare nature to support farmers' entrepreneurship. It can be used with Ruixiang, loan, and Yimin Net Financial, Yimin
Loans and Ruimin Financial Management are all different.
Ours is a commercial loan, with the purpose of making money. Also, farmers are more honest after all, and bad debt and overdue rates are more controllable.
If we work at this interest rate, we will already lose money to the point where we don’t even have any pants left.
The capital costs are different and the customer groups are different, so the two cannot be generalized."
Bao Bufan also realized that his words had a big impact, and quickly added: "Yes, Huinong Dai is special and is not suitable for comparison with other loan platforms."
"How do I send a lawyer's letter? After all, we do let you go with loans with an annual interest rate of 24%."
Bao Bufan shook his head, "Mr. Zhang, you can't say that. The past was before, and the present is now. This article on Huxiu.com has caused a great negative impact on us.
Another shareholder of ours, the National Foundation for Poverty Alleviation, is very dissatisfied. This time they took advantage of the publicity and sensationalism, and they were kicked to the iron plate.
Even if we don't deal with him, someone will go find him."
"That's right, Daya Media and Dogford Network Technology were also fooled by them this time. We must give them some color to see."
Gu Bin also looked indignant and said: "The outside world knows that Mr. Zhang, you and Jack Ma are very competitive. He deliberately emphasized that Dogfud Network Technology has a Taobao store, which is a bit disgusting.
Some people on the Internet said: Does this mean that Taobao is competing with Duoduoqiang? Even Zhang Yida went to his competitors to open a Taobao store.
They also ridiculed the Zhaoling Six Horses created by Daya Media, saying that we signed anchors and also signed dog anchors.
Isn’t this comparing humans and dogs? The employees of Daya Media have strong opinions, especially those contracted anchors.”
Zhang Yida frowned when he heard this. Huxiu.com is indeed causing trouble!
I didn’t provoke them, so why did I write such an article to arrange myself?
Just trying to gain popularity? Or is there someone behind the scenes?