Reborn Entrepreneurial Giant

The domestic attitude towards supporting Internet finance is very obvious. As early as the beginning of the year, it entered the discussion of the conference. Now various support policies have been introduced. Unfortunately, there are too many shadows under the sun. Even if Qu Li publicly opposes P2P, the industry is thriving. There are also many regular national team players who want to get a share of this booming market.

In addition, the three major state-owned banks announced that they would not accept "Yebao" agreement deposits, the third-party payment limit was restricted, and virtual credit card and QR code payments were suspended...

Fortunately, the road is not completely blocked, and the relevant departments can communicate with each other. The APPs of major banks and other financial payment institutions have added a scan function. Anyone can see the convenience of QR code payment. It is simple to ban it once, but it will hurt the development of the industry.

Qu Li had no choice but to maintain active communication with relevant departments. At this time of trouble, Qu Li discovered that Ali's Huabei and Bianbei were all compromises and innovations under various supervisions. Huabei is a virtual credit card, and borrowing is a credit loan. The existence of MYbank is to provide a simple and safe large-value transfer channel.

On the one hand, banks whose interests have been damaged are finding various excuses to prevent Internet financial innovations such as "Yu'ebao", on the other hand, relevant departments have made various restrictions from various perspectives such as "security", and on the other hand, the upper echelons are promoting Internet financial innovations.

Although from the perspective of ordinary people, if you really want to pay attention to financial security, you should ban the P2P industry. But after thinking about it, the biggest victims of P2P are ordinary investors, which are similar to unfinished buildings. The scale of victims is limited, and they are not considered systemic risks.

At this stage, the personal credit investigation of Jumei Financial Services cannot be carried out, private banks cannot be established, and various financial innovations have stagnated, so I thought of Zhonglian Group for short.

After Xiangjiang Fortune changed its name, the Huxiang District passed their application to remove the name "Xiangjiang", which is full of regional characteristics, and use Union instead, so this bank became "China United Fortune Bank", and the brokerage became "China United Fortune Securities" , others are similar, and the abbreviation is "Zhonglian XX".

In order to meet the needs of Jumei Financial Services and for its own development, China Union Bank established an online direct sales bank after Minsheng Bank this year, which is deeply bound with Jumei. Then what? The scale of China Union Bank's deposits has skyrocketed. In addition, there are bank credit loan products, which provide loan services for Juhuasuan third-party sellers, including Jumei supply chain companies.

However, it did not bring much benefit to the profit growth of Zoomlion Group. Most of the benefits of the money funds connected with the Jumei version of "Yu'ebao" were taken away by Jumei Financial Services. There are no direct selling banks, but China Union Bank takes a big risk.

In order to make up for Zhonglian Group, the main logistics nodes and purchasing centers of Jumei Group cooperate with China Union Bank to help them enter foreign markets. And thanks to the outstanding performance of China United Wealth Fund, China United Bank's private banking business has developed smoothly (it can give priority to buying shares of QDII and ace funds).

In general, the cooperation between Zoomlion and Jumei Financial Services is definitely profitable, and it has broken the limitations of local financial companies, serving Glory, Jumei, and Future Geometry supply chain companies, becoming a national/global financial giant .

The headquarters of China United Group moved to Beijin, but the headquarters of banks, securities, and funds were in Xingsha. Because of the support of Jumei Financial Services, the transformation was carried out when there was no shortage of money, especially the transformation of life insurance agents, from extensive crowd tactics to high-quality professionals.

"You have to be clear, when the company is not short of money, borrow more money to reserve, and cope with future changes in the transition of the economic boom." Qu Li accompanied Zhang Yiwen in Xingsha, discussing work matters with her

"You want a high-end insurance company like AIA?"

"It's about the same. You can't surpass Ping An and China Life anyway."

"It doesn't work if you have a Jumeijin suit?"

"No more than three years, maybe one or two years later, you will no longer be special." Qu Li

"Aren't you too ruthless?" Zhang Yiwen said with a look of lovelessness, China United Group is not as good as Anbang Property \u0026 Casualty Insurance, with a net profit of about 17.5 billion this year.

Although Qu Li Kaihang is powerful, he can't compare to the real proud son of heaven. The scale of Anbang's establishment to the present has already surpassed him, and he is still expanding.

Zhang Yiwen originally thought that she was very powerful, but he didn't expect that there would be someone more powerful than her in the country. Jealousy and bad mood are certain.

"I don't, don't talk nonsense..." Zhang Yiwen repeatedly denied, but a few minutes later:

"How do you think we can surpass Anbang?"

"No need to do anything." Qu Li

"What's the meaning?"

"If a person is used to taking shortcuts, he doesn't know how to take the right path. Insurance should not be an investment-driven enterprise." Qu Li

"Then you still want us to heavily stock Kweichow Moutai?"

"You..." Qu Li didn't want to tell her. Women like to mess around. Let the insurance company return to insurance. This is the kingly way of insisting on long-termism. Investment is the need for asset allocation. If you can take a shortcut to do it well, why do you have to do it yourself? Bind hands and feet?

"Some of us say that the A-share bull market is coming, what do you think?" Zhang Yiwen

"Maybe." Qu Li's industry has the ability to break the economic cycle, whether you are in a bull market or not, he is the most handsome boy. Think about the market value of Jumei at the time of its IPO. This increase has made Wall Street investors overwhelmed. Because of this, Zhang Lei of Hillhouse Capital became famous in the first battle, earning 80 times on an investment, and then there were many legends: Zhang Lei made Qu Li...

Maybe he was embarrassed, maybe he was afraid that Qu Li would expose this guy's "trick". Therefore, he tried many times to "please" Qu Li and "advise and advise" him. More than half of the reputation of all well-known venture capitals is touted, and entrepreneurs who are not deeply involved in the world are fooled into giving up more chips.

Qu Li is proud and inferior, suspicious and vigilant, and his relationship with investors is not good. It is very difficult to please him, but Zhang Lei still has strength. IDG and Sequoia, who were eliminated early, can only regret secretly.

"At that time, I thought that Jumei and Glory had bubbles, and I couldn't accept his valuation, so I missed the best opportunity. Later, he didn't need financing anymore..." IDG's Xiong Ge once mentioned him in an interview. The process of investing in Jumei and Glory was originally agreed to invest in Glory, but finally gave up. It turned out that the valuation was not agreed.

Qu Li himself doesn't even remember, anyway, Glory's success is full of flukes, everything is right now, as for helping Zhonglian Group defeat Anbang, it's really unnecessary, who doesn't know "it's so exciting, it's Death is also sudden."

Fortunately, Zhang Yiwen and his team are becoming more and more mature, and they have laid out the big bull market ahead of time. Internet finance is a hot spot for the whole society; international oil prices are falling and the economy is rising, and the stocks of aviation and shipping companies are worth investing in; The stage of history, the stocks of real estate companies...