Chapter 241 [This is the power of the background]

Qunxing Capital's performance in the first half of the year is already exaggerated enough, but if we look at the current data on July 20th, the company's A-share market net investment net profit has reached 76.7 billion, and overseas capital gains have reached 19.1 billion, which is about RMB 130 billion, the scale of net assets has soared to 212.5 billion, and the scale of total assets has reached 309.8 billion.

It can be said that it has greatly exceeded the expectations of Hua Yu's executives.

In addition, the debt ratio has also been reduced to a level of about 31%, because the current capital market is soaring, A-shares are starting to sprint towards 3300 points, and the stock asset prices held by Qunxing Capital are all increasing in value.

However, the company's recent debt has not expanded much, and the current debt ratio reflected on the balance sheet will naturally decrease.

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

The more than 20 billion returned from overseas will be included in Dao’s finances in the second half of the year. In addition, in a few days, Fang Hong will liquidate the stock assets held by Big A, and the investment income at home and abroad will inevitably be cashed out A scale of more than 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 about 25% of the corporate income tax, plus urban construction tax, vehicle and vessel tax, land use tax and other miscellaneous taxes. It will contribute more than 30 billion yuan in tax revenue.

He immediately became the largest taxpayer in Xincheng. As for taxes and fees, Fang Hong only gave the guiding ideology to Qunxing Capital's management in eight words: don't steal or leak, and pay them all.

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

Fang Hong seems to be playing wild, and some strategies can be called bold, such as using 1 billion to leverage 20 billion in leveraged funds, daring to receive tens of billions of funds at an annual interest rate of 15 percent, etc., in the eyes of outsiders, this They are all extremely dangerous operations, and a little carelessness may bring the company into the ditch.

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

In a word: Qunxing Capital can withstand the investigation, and it can also withstand the reverse investigation. Even if the investigation fails, there is no problem.

It is such a simple four words that can stand the investigation, and there are very few companies that can do it.

Few companies dare to say that they can withstand a thorough investigation. Not to mention other things, just because people from the tax bureau come to your door and say that they want to check your company's accounts, I don't know how many bosses have trembling legs.

Not to mention other more obscure things.

It's not that Fang Hong has never done some wild tricks, but the wild tricks he played are based on a premise, that is, they must comply with the law and regulations, and ensuring this premise is to do a good job of risk isolation.

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

Fang Hong took over and opened the file to read it again, nodded to himself and said, "Well, it's not bad, the food for the second half of the year has been settled."

If the main task 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.

And the first investment in the second half of the year started from Whale Hengtong Pharmaceutical Group.

Tian Jiayi on the side silently looked at Fang Hong, who was browsing the materials. She found that although the younger brother's private life was too indulgent, he was so calm in the face of this figure of hundreds of billions in performance, as if it was commonplace. This made her look sideways. Again and again.

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

She was originally a rapidly rising rookie investment company whose asset scale was overestimated at only about 20 billion. She never expected that by the end of the first half of the year, it would have reached 250 billion. If the current data is calculated, it will even reach 300 billion. level.

The most incredible thing is that it took the 21-year-old young man in front of him to achieve all this in just one year. Most entrepreneurs in traditional industries want to grow their companies to a scale of hundreds of billions. Spend at least two generations of effort.

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

However, industrial capital and financial capital have their own advantages and disadvantages. The expansion speed of financial capital is terrifying, but it is "virtual"; although the growth rate of industrial capital is not fast, it is "real". Once a financial crisis occurs, the wealth of financial capital may be instantaneous. It was wiped out, but industrial capital had a lot of real assets anyway.

Even if real assets are valued down to the same price as cabbage under the financial crisis, the real real assets will not disappear out of thin air. If you can recognize the goods at this time, wantonly buying real assets valued at the cabbage price is equivalent to picking up money .

As long as you can penetrate the underlying assets of Qunxing Capital, you will find that although this capital group has expanded to a scale of 300 billion, it is actually a bit "virtual".

Fang Hong himself is very aware of this, and naturally it is impossible to keep Qunxing Capital 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 feeds back after obtaining huge liquidity. Real industry.

Qunxing Capital is a non-listed company, so this financial statement does not need to be regularly disclosed to the outside public. Fang Hong has no plan to list Qunxing, and will list many of its subsidiaries and grandchildren in the future.

In the end, Fang Hong closed the material report and returned it to Tian Jiayi. After contemplating for a moment, he turned his head to look at the beautiful assistant and said, "Go and say hello to Cao Chenghui, and go to the Yixing Media business group with me tomorrow, and 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 the past few days, Fang Hong learned that Hou Junda had encountered some difficulties, and tried to poach people, but was frustrated. He went to see what was going on.

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

It was obvious that Fang Hong was accumulating resources for promotion to Cao Chenghui. To put it bluntly, he was giving him the opportunity to accumulate performance credits, and when he had accumulated enough, he would be promoted to the board of directors.

The boss is very satisfied with Ah Hui.

He can come and do things, and he has a good EQ, so I'm still very optimistic about him.

Tian Jiayi smiled and said, "I have nothing else to do, so I'll leave first."

Fang Hong immediately said, "Wait a minute."

Tian Jiayi stopped, turned around leisurely and said, "What else can I order?"

Fang Hong thought for a moment, and looked at him: "You have to adjust your address on different occasions. You are now one of the executive vice presidents of Qunxing Capital. Tomorrow, you will go to the Yixing Media business group. You can't be in front of Hou Junda and the others. The face calls me Mr. Fang, and the head of Qunxing Capital is Hua Yu, otherwise they will be confused."

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

After finishing speaking, 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 make such a request.

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

At present, she wants to say that she is estranged from her contemporaries in Qunxing Capital. She has the best relationship with Yue Qing, and she is also very grateful to Yue Qing. Without Yue Qing, even Fang Hong would not be able to see her.

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

At this time, the two were talking on the phone, and Tian Jiayi said in confusion: "Sister Yue Qing, what do you mean by Boss Fang? I really don't understand his intentions."

Yue Qing on the other end of the phone was surprised: "He really said that? He asked you to call him your younger brother outside?"

Tian Jiayi nodded: "Well, he said that from now on, we will be called siblings."

Yue Qing suddenly heard a voice: "Xiaotian, you really don't know Mr. Fang's intentions. He is pampering you and even endorsing you in the company. I don't know how many people are envious of this kind of treatment. You still put this crime aside." Are you confused?"

Tian Jiayi couldn't help being stunned for a moment, and Yue Qing, who was on the other side of the phone, further explained to her: "You are the actual assistant of President Fang, but don't forget that you are the executive vice president of the company, which is a real core position with real power. This is also a fact, under normal circumstances, it is impossible to sit in the current position with your resume, you need no qualifications, no background, and ability, even if you have it, it will take time to prove it."

Yue Qing continued to add: "You have parachuted to the core level in this situation. Except for a few people such as me and Mr. Hua, the others will not say anything but will have no complaints about you in their hearts? Qiu Guangcheng, Zhao Sheng, Shi Yao, which one of them? Isn’t it better than you in terms of ability and qualifications? You are only 26 years old and you are equal to them, what will they think? Let alone colleagues at the next level, let alone obey you.”

Hearing this, Tian Jiayi was hesitant to speak, but she found herself speechless to refute, her situation was indeed the case, and she also felt that she was too lucky to join Qunxing Capital and directly parachute to the core layer, which made many people envious.

After a while, Yue Qing's voice came again: "Three things, ability, qualifications, and background, what Fang always can give you immediately is the background. Think about it, when those people who complain about you , when they suddenly heard you call Mr. Fang as your younger brother one day, they immediately lost their temper, and they dare not intentionally embarrass you in the company from now on, and even have no time to curry favor with you, this is the power of the background."

...