Chapter 102: Vision of the Future

"Xiao Su!"

The other party looked at Su Yu in front of him in surprise: "Are you here to play? Or..."

"Just take a walk." Su Yu stared at Sun Tianhong, also a little surprised, "Mr. Sun, are you on a business trip?"

"Yeah!" Sun Tianhong nodded, "The company has a project in Changshu, and I need to come here to connect. I didn't expect... to meet you here."

"I didn't expect it either." Su Yu laughed.

"I heard that you are going to open an investment company? Congratulations!" Sun Tianhong continued, "Originally, I wanted to invest some money and ask you to help with financial management, but recently both the group and the company have a lot of things to do, and I really didn't have time to talk to you about this. But don't worry, your company opened and the first fund, I will support it anyway."

"Then thank you in advance, Mr. Sun." Su Yu continued to laugh.

"Okay..." Sun Tianhong saw that there was a beautiful woman waiting for Su Yu next to him, so he didn't say anything more, "When we get back to Yuhang, I will treat you to dinner."

Su Yu responded lightly, and then the two passed each other.

Each of them sat at a table with a companion.

"Who is this boss..." Li Meng asked, looking at Sun Tianhong's back with some curiosity.

Su Yu took the breakfast plate that Li Meng prepared for him and replied, "He is the general manager of Tianhong Construction under Kumho Group. We have dealt with him before, but the relationship is just average."

"The general manager of Tianhong Construction."

Li Meng whispered, and said, "He is also a middle and senior executive of Kumho Group. However, I heard that after the incident of Anke Construction, the construction companies of Kumho Group, such as Anke, Tianhong, Tianchen, and Chengyuan, should be merged into the group construction company and unified management. I wonder if it is true?"

"It seems to be the case." Su Yu said, "It's a bit like Inside the group, there is a battle of gods. "

"According to the traces of resource integration, Kumho Group should be planning to go public, right?" Li Meng thought about it and guessed, "Otherwise, attacking on multiple fronts and establishing an internal competition system will also be very beneficial to the group's business expansion and internal personnel balance."

"Maybe!" Su Yu said, "But whether the other party is preparing to go public or not, we can't participate in this matter. It is the business of PE investment institutions and securities companies. We can only watch with our small bodies."

"That's true!" Li Meng smiled and didn't think much about it.

After all, compared with Kumho Group, the newly registered 'Yuhang Investment' is like a sesame on a sesame cake, too insignificant.

During the simple conversation, the two finished breakfast, checked out of the room, and drove back to Yuhang.

After returning to Yuhang...

Before the two had time to rest, Li Meng received a call from He Qian, who said that she had submitted a resignation application to the company and had been approved. She could resign after the work tasks were transferred next week. At this moment, it was just the right time to come here to find a house.

Li Meng glanced at Su Yu, then took the car keys from his hand and prepared to go out.

Su Yu thought about it, and finally said: "Let's go together. While He Qian is looking for a house, we can also solve Teacher Yao's rental problem. Otherwise, it will be inconvenient for her to come here with her daughter."

As he said, he followed Li Meng out of the door.

The two first went to the train station to pick up He Qian, and then found the real estate agency where they rented a house before. Near the community where they rented, they rented three more houses, one of which was a two-bedroom and one-living room, and two were a one-bedroom and one-living room.

The two-bedroom and one-living room were given to He Qian and the colleague she poached from the original company.

Two one-bedroom apartments were given to Wang Can and Teacher Yao who were preparing to return to Yuhang to work.

The rental contract was signed in the name of the company, and Su Yu paid a year's rent in one go as a benefit for digging these students over.

After renting the apartment and signing the contract, it was around 6 o'clock in the afternoon.

Everyone came to a hot pot restaurant. He Qian looked at the red oil bubbling in the pot and poured herself a glass of beer with a little excitement. She toasted to Su Yu: "Boss Su is generous. From now on, Li Meng and I will follow you. Although our Miss Li is your favorite, as a classmate, you can't be too partial to one another in the future work."

"Haha..." Su Yu laughed, "Miss He, what are you talking about? The future growth of the company must rely on everyone's efforts. Even if I am partial to one and neglect the other, the company's operating performance can't keep up, and it will be useless. It's just self-destruction."

"That's true." He Qian drank a lot, "But I heard Li Meng talk about your recent affairs in detail. It feels very legendary. And from what I know about you, you are not an impulsive person without plans. I believe you can do a good job of the company's performance, otherwise... I wouldn't leave my job and join you."

"Then I have to thank the beautiful lady He for her trust." Su Yu smiled and gently touched her glass with her.

"The sky is high and the birds fly freely, the sea is wide and the fish jump freely." Li Meng smiled at her bestie and Su Yu, and couldn't help but pick up the teacup in her hand and said, "I hope we can make a way out, and I hope we can have a place in the future domestic financial industry."

"Not a place." Su Yu emphasized, "but a world!"

"Yes, a world." He Qian smiled, "At the beginning of entrepreneurship, ambition cannot be lost. I believe that in the future, 'Yuhang Investment' will definitely become a well-known private equity institution in China, an important equity investment institution in China, and create and incubate more entrepreneurial legends."

Finance is the blood of the economy.

Capital is the blood flowing in the blood.

He Qian, who was inspired to fight, is now looking forward to the future. What she wants to do is to use her own hands to promote capital to those difficult and weak enterprises that need financing, have huge future development potential and broad prospects, and support and help them. grow, allowing them to create more social wealth and benefit more people.

This is the charm of finance and investment.

Of course, it was her original intention to choose this industry and work hard.

"By the way, Su Yu..." After her passionate thoughts, He Qian continued, "After I handed over the work tasks to the company, I still have three small projects left in my hand that I feel have great potential. They are all worth millions. Level investment projects and specific information will be sent to you after I return. If you think you can continue to contact them, then these three projects can be used as the basic projects for the company's equity investment department to start. "

"Okay!" Su Yu said with a smile, "Your positive attitude towards work makes me, the boss, feel like I am exploiting you."

When He Qian heard this, she laughed and said: "When the project is completed and you see profits in the future, you can give me more commission. After all, in addition to being an investment bank manager, my dream is to work in Yuhang and Magic City." Something like that, buy more houses, and when you retire, you can live a normal life as a housekeeper."

Su Yu thought of her original life trajectory.

He smiled and said, "Don't worry, your wish will definitely come true in the future."

"Then I'll lend you your good words." He Qian responded happily, then changed the topic back to business and asked, "Su Yu, your investment in the secondary market and the primary market Do you have any thoughts on investment differences? How do you plan to coordinate these two business sectors in the future?

Su Yu replied: "The secondary market is easy for funds to enter and exit, and the liquidity is sufficient. The investment period can be long or short. However, the primary market is difficult to enter and exit, and liquidity is scarce, so long-term investments can only be made. At the same time, because of its liquidity The difference is that investment in the primary market should be more cautious than in the secondary market.”

"The so-called secondary market is one step ahead of ordinary investors, and you can make profits."

"In the primary market, you have to be two steps ahead of ordinary investors before you have the opportunity to get huge returns."

"What do you mean by one step and two steps?" He Qian continued to ask.

Su Yu replied with a smile: "It is a certain prediction of the market based on macroeconomic policies and the development of the current market economy."

"This is difficult!" He Qian said, "It's almost like fortune telling."

"Of course it's difficult," Su Yu said, "otherwise there wouldn't be such a high number of investment failures."

"If we can't make predictions at the macro level and start from the industry, then..." Su Yu paused and continued, "Then we can only start from a professional perspective."

"The so-called profession has specialization..."

“Which industry you are planning to invest in, then use investment personnel who are very familiar with this industry and have many years of experience to conduct in-depth research and understanding before making an investment decision.”

"In other words, you can either dig deep or predict."

"Then let's..." He Qian thought for a moment and asked, "After the company is established, which industry field should we enter? Internet finance? Mobile games? Or the industry chain related to smartphone manufacturing that was hot back then."

Su Yu thought for a while and said: "You can never catch up if you chase the trend in the primary market. After all, the investment period is very long, and the long investment period means that the uncertainty of investment is very high. Everything The investment trend and industry changes are changing and advancing rapidly over time. When you invest money, the trend passes, corporate valuations decrease, and industry financing channels tighten again, capital will naturally decline like the tide, and continue To chase the next trend, at this time, with the extremely lack of liquidity in the primary market, there is a high probability that we will face losses. "

"Moreover, even if you hit the jackpot, you'll hit a company that can grow on the hot spot."

"Then, when you invest in the trend, the valuation of the company will already be at the high level or in a bubble by the time you invest."

"When the company matures and the investment funds are able to withdraw from the secondary market, or other institutions are willing to take over, the profits will often not be too generous."

“So, investment advice for the primary market.”

"Actually, I hate chasing the wind because it's really hard to catch up."

"I agree." He Qian heard Su Yu's words and knew that his investment philosophy was similar to her own, and she was very happy inside. "Instead of chasing the current hot trend, it is better to study the company's fundamentals and have a deeper understanding of entrepreneurship. The people, character and philosophy of the team.”

"Yes!" Su Yu said, "Whether it is a hot industry or a deserted industry, the ultimate destination of investment in the primary market is people."

"A great company, from its birth, to growth, to maturity, is inseparable from the efforts of the entrepreneurial team, and it is inseparable from the philosophy of a company's entrepreneurship and management."

"No matter how good the business model is, the internal management is chaotic and the managers are unwilling to make progress."

"Then there will definitely be problems in the company's development. It will definitely be difficult to grow from small to large and win in the market competition."

"And... invest more in companies in distress, especially companies that have a high probability of reversing their difficulties." Su Yu paused and said, "The icing on the cake is not as good as providing help when the time is right."

"Yeah!" He Qian nodded, "Then let's start with angel investment and venture capital, and give up on PE-stage companies. After all, we can't participate in such projects with huge capital needs."

Su Yu chuckled and said, "Yes, take your time, don't be in a hurry."

"My idea is to invest in the primary market. We will not raise funds from the market for the time being and use the company's own funds to invest slowly."

"After all, the liquidity in the primary market is scarce and the investment period of funds is very long."

“Customer engagement is low at this stage.”

"Even if we carry out a fund-raising plan in this area, it is estimated that there will be only a few participants, and without historical performance as a guarantee, it will be difficult for customers to trust us."

"As for the company's current insufficient own funds, I will find a way."

"I only hope that after He Damei joins the company, she won't hesitate too much when she sees high-quality projects. If she meets the investment scope of our company, she will take action decisively."

"With your words, I feel relieved." He Qian laughed.

In her previous company, she just felt that the projects she had worked so hard for were finally followed to the end. Some financing projects that she was very optimistic about were finally rejected by the company leaders and risk control department without a word, which made her feel sad. I was very unhappy. I felt that I had been busy for a long time and it was all in vain.

But now Su Yu clearly said something like 'no need to hesitate'.

Then she felt that her hard work should be able to get the correct feedback to the maximum extent, so that her efforts would not be in vain every time.

"certainly……"

Su Yu paused for a while and continued to talk about his plan: "You just asked about your thoughts on the business focus of investing in the secondary market and primary market."

"I think that when the company was first established, investment in the secondary market was still the focus and breakthrough direction."

"After all, the liquidity of the secondary market is much stronger than that of the primary market, and it is also the easiest to bring short-term benefits to the company, allowing the company to continue operating and have funds to feed back investment in the primary market."

"so……"

"At the beginning, you have to slowly follow up on the primary market business, and at this stage we can only appropriately participate in some million-level financing projects."

"I understand that." He Qian said, "You can do as many things as you have the ability."

Su Yu nodded, and then the three of them continued chatting about the company's business development issues and phased development strategic goals after its establishment.

Then, around 8 o'clock, the three of them got up and left.

He Qian did not book a hotel, so she went back to the house they rented with Su Yu and Li Meng, and spent the night with Li Meng. After breakfast the next morning, she was bid farewell by Li Meng. , rush back to the magic city.

As for Su Yu...

After a night's rest, his eyes once again focused on the stock market that was about to open.