Reborn Entrepreneurial Giant

Although he revealed to Chen Danlin that there are certain risks in his personal family background, the risks are everywhere. After all, Qu Li is not the kind of hero who can be called a lonely man. He plans to set up a family fund to better manage wealth other than Jumei Glory.

This means that he will formally let go of Vision Investment and Xiangjiang Fortune, including more sensitive assets such as Spansion Semiconductor and Changjiang Storage, and he will not intervene in the future. As for Yingda Real Estate, of course he has to get it in his hands. Although when he gets old, he may be able to popularize all kinds of housekeeping robots, and the value of property services will decrease, but who knows, it is impossible for ordinary people to have no living space?

Chen Danlin looked at the various asset certificates shown by Qu Li, and it was really an eye-opener. Facebook just raised funds this year, and its valuation has reached 50 billion US dollars. Qu Li holds about 3% of the shares here, which is 1.5 billion US dollars. There is also Twitter , Tesla, Infineon, PCCW, there are domestic...

"You are an investment genius..."

"Where is there..." Qu Li was a little embarrassed, you have to know that copying the answer is as powerful

"How much is the total?"

"At least 5 billion U.S. dollars." Qu Li estimated that it could double by the end of the year. After all, the price of gold will skyrocket to more than 1,900 U.S. dollars this year.

"You can do it..."

After the two quarreled, they formally promoted the establishment of a family fund. In order to facilitate asset disposal, a family trust fund was also established. Qu Li, Chen Danlin and their children were all beneficiaries.

"Where's Ni and Danni's child?" Chen Danlin asked suddenly

"How can I have her?"

"Not now, doesn't mean there won't be in the future."

"Let's talk about it later." Qu Li has the right to add and remove beneficiaries

"My money..."

"Keep it for yourself, but I hope you will not work purely for money in the future, just like the Danlin brand, do a good job of doing bad things for both of us." Qu Li

"If you still speak for others, he is crowding out us." Chen Danlin

"Even if it's true, so what? You don't intend to do a good job of the "Danlin" brand?"

"Of course I have to do it well, I want them to see..."

"I have just one request, don't rush, our direction and method are correct, but it will take time to do it and do it well. If you are in a hurry, the decisions you make will go wrong..."

"You don't care?"

"You want to prove yourself and let me intervene, what do you mean?" Qu Li was speechless

"What nonsense are you talking, who shall I prove to?"

Well, he was wrong, don't reason with a woman, even if this woman is likely to be a strong woman in the eyes of others.

The two of them cleared up various matters, dispatched lawyers and accounting teams, entered Vision Investment, and divided various assets. Qu Li did this, turning the affiliation relationship into a cooperative relationship, which is beneficial to the entire team. Although Sun Jianhe was very unhappy, Qu Li also supported Du Jiuming (the person in charge of promoting the establishment of Changjiang Storage) and others. There are checks and balances.

"You are really willing to give up the long-term investment. I heard that their assets under management exceed 250 billion Hong Kong dollars, and their profitability is very outstanding..." Zhang Yiwen flew to Xiangjiang to meet Qu Li

"How long do you think my influence can last for such a successful company?" Qu Li was somewhat pessimistic. Financial practitioners exist to pursue profit, and they are all human beings. It cannot be said that these people have no morals , at least their morals are different from ordinary people.

"That's right, if they cheat you, isn't Glory going to be listed..." Zhang Yiwen was a little worried that if some news broke out at this time, it might affect Qu Li's personal reputation.

"No, I haven't treated them badly." Qu Li has been in business for several years now, and he is no longer alone. He has a team. Well, even if it is not as good as Sun Jianhe's professional team, it is not easy for anyone to succeed. his buddy.

Zhang Yiwen helped Qu Li sort out various things, including the shares of Xiangjiang Fortune and Xiangjiang Investment. Because of her special status, she couldn't take over for the time being. The former was kept by Qu Li, and the latter was left by Vision Investment. They will cooperate in the future. Among them, Glory's 20 million voting rights belong to the ownership of Xiangjiang Investment, including the income belonging to Huatou and Qu Li's family funds.

His long-term rental house and logistics real estate plan have already made money, so he will naturally not give up easily. Besides, Qu Li also has money to invest in it, and Xiangjiang Fortune Zhang Yiwen and others are in charge.

"Should the domestic money be transferred out?" Zhang Yiwen asked again. In order to support her to open up the situation, Qu Li dropped 500 million US dollars from Xiangjiang to buy domestic funds, and more than half of them bought US stocks. Appreciation under the pressure of all parties, just as the domestic infrastructure sector was rising, they exchanged cash from US stocks for soft sister coins, and invested in construction machinery and the three major home appliance stocks of Gree, Midea, and Haier.

"How did it come out?" Qu Li really didn't know what name the funds came in at the beginning. If it was personal funds, did they pay taxes? If it was company funds, was it domestic capital or Hong Kong capital.

"you do not know?"

"I don't care about these details."

Now that we know that there may be problems, it is natural to find out. Taking advantage of this opportunity, Qu Li has strengthened the strength of the accounting and lawyer teams. Although there are not many hidden problems, they still exist. Qu Li is more determined to give up the vision investment idea.

Sun Jianhe took the initiative to apologize to Qu Li, which was unnecessary. After this time, the relationship between everyone changed and they became partners. The loss and cheating are all self-inflicted, and Qu Li can think about it. There are also people in Vision Investment who are willing to continue working with him and work in his family fund.

Because things got complicated, Qu Li did not stay in Xiangjiang, but returned to Xingsha. Qiancheng Auto must accept the challenge.

"In 2010, Mitsubishi Pajero sold 12,000 units; Cheetah Black King Kong and Qibing continued to grow in official vehicles, and other inventory vehicles were basically cleared, with a total sales of 25,000 units; Qiancheng CS6 was launched in July and ended on December 31. 35,000 units were sold."

"The annual sales are about 8.6 billion, and the net profit loss is about 300 million, mainly..."

Such data somewhat exceeded Qu Li’s expectations, but he knows that investment is not a loss. This year’s loss is mainly due to inventory clearance, price reduction promotions and channel expansion such as self-operated 4S stores. The hot-selling Qiancheng CS6 did not bring them profit.

Although the loss is not much, the continuous increase in investment in the past two years, as well as the ever-increasing labor costs, have reduced the free cash flow of Qiancheng Automobile. To maintain the normal operation of the company, it is necessary to reduce costs and increase efficiency. Otherwise, once sales are difficult and the company cannot make ends meet, it is likely to face the risk of bankruptcy.

To put it simply, if the parent company of Qiancheng is not Glory, everyone from the supply chain to the shareholders thinks that Qu Li will not run away, so the stock price of Qiancheng Auto has not only not fallen, but has also risen.

Qu Li is purely blind. He doesn't know how to run a listed company. But it cannot be said that what he did was wrong. The logical sequence of building a car and building a good car is correct, and there is nothing wrong with having the ability to develop forward. The premise is to have money.