But it is inevitable that you may not like to listen to it. Even if the scale continues to expand, our monthly loans will not exceed 2 billion by August, which is inevitable.

Financing started in August, and ABS's financing speed is still very fast, and the financing plan may be completed by the end of August.

For this kind of special financing, the financing balance will only enter the project, that is, the money can only be used for consumer loans.

10 billion yuan of funds may become our reserve in the end. Even if it is placed in a bank account, there will be profits, but the income will not be too high. In the end, we have to pay at least an additional 2 points of interest.

In addition to ABS financing, there is actually a charge, usually around 1 point.

I think it's too early to raise 10 billion yuan now. If our scale does not exceed 2 billion in a short period of time, there is no need to raise so much.

Otherwise, we will lose at least 200 million yuan in a year.

In fact, even if you want to raise funds, it is more than 1 billion in advance..."

Cao Jinsheng also started from the actual situation and settled the accounts for Li Dong.

There is no need to leave so much money for Yuanfang Finance. Compared with its current scale of 10 billion, this reserve is really too much, not to mention that it is not your own money.

If you can’t put out the money, you have to pay interest to others. Is it that necessary?

10 billion is left in Yuanfang Financial's account. A year later, there is still so much money on the book. Yuanfang's loss of 200 million is the least.

After he finished speaking, Li Dong frowned and said, "Didn't I say it before? Next, as our credit system is established, we will open the entrance on a large scale.

I also said yesterday that around October, the two types of loans will reach a scale of 20 billion.

Do you think I'm joking?

Is 20 billion a lot? Is 10 billion a lot?

Wankatong now has more than 200 million users. My plan is to gradually activate user permissions, and in the end, it must reach at least 10%, which is the lowest.

There are 20 million people who can use loans and spend money. Even if only half of them are using it, there are 10 million people.

The per capita loan amount is 1,000 yuan, which is 10 billion yuan.

How long do you think this time will take?

As long as the credit system is established, it is possible at any time!

Therefore, preparing in advance will cost an additional one or two months of interest at most, and the actual time may be shorter. When the enterprise loan is opened, what is 10 billion yuan?

A monthly interest rate can be made back quickly from their interest spread, and in the end we will only make money, not lose money.

Prepare in advance, better than not preparing.

In order to avoid insufficient reserves, customers will have loans and no money will be delegated, which will be the biggest blow to our credibility.

You have to take three steps in this matter. Don’t just look at what’s happening in front of us. Our scale is small, but will it always be this scale?"

He said this, Cao Jinsheng thought about it for a while and had to say, "Then we will start preparing immediately, but the 5% three-year period..."

On the current abs platform, the interest rate of 5% is generally short-term interest rate, generally between half a year and one year.

It is a bit difficult for Li Dong to use this interest rate to make three-year financing.

Li Dong said lightly: "Try it first. In fact, users who participate in financing not only consider the interest rate, but many people value the popularity of the company more.

Small businesses need to use high interest rates to attract people to participate. At least the distance is a bit famous now, but the key is still to be stable.

At present, there are not many large companies participating in ABS financing, and the interest rates given by government projects are not high. Although we cannot compare with the government, it can be said that some small countries may not necessarily have credibility and popularity."

He said so, what else could Cao Jinsheng do? Finally, he replied: "Okay, then I'll go back and prepare."

As for the 5% three-year period, whether it can raise 10 billion yuan depends on luck.

Li Dong can't blame him for not raising so much financing. After all, relatively speaking, 5% is not really high. Now the bank's three-year regular period is not much different from this one.

Of course, this is world-wide financing. China's deposits have interest, and some countries still have to pay for deposits. They cannot simply look at the problem based on China's situation.

For some foreign investors, 5% of them can also accept it.

However, things are not as simple as Li Dong said. The key to the fame in the distance is still concentrated in China. It can only be said around the world. This may depend on the situation of Weibo listing.

As long as Weibo is launched and its popularity is established in the world.

Once Weibo fails to produce the desired results, no matter what channel financing, the subsequent financing from far away will be much more difficult.

Cao Jinsheng was considering the distant finance, but Yuan Chengdao, who had not spoken a word, looked at Li Dong thoughtfully.

In the past, Li Dong rarely cared about these things, and would not specifically consider what channels to use to raise funds.

Now, following what Li Dong said, he should have conducted a survey on ABS for a while, otherwise he would not have opened his mouth to see the interest rate range.

Is Li Dong really just for the sake of remote financial financing?

Yuan Chengdao felt that it was not only that!

Now I will try the market with 10 billion yuan. Once the market is good and projects in the distance are sought after, will there be a financing plan of 50 billion or even 100 billion or even more?

And what are you using for so much money?

No matter how much money you raise, it is not your own money, you have to pay interest.

Even if it is 5%, 100 billion yuan in financing, the interest alone will be 5 billion yuan in one year.

If this 100 billion cannot generate more than 5 billion profits, it is a loss-making transaction.

Once there is a loss, the loss is not just the problem of 5 billion yuan. The key is that ABS financing is guaranteed by its own project.

If this project does not make money and lose money, the impact will be even worse. Even if the interest subsidies are subsidized from afar, it will have some adverse effects.

After all, in the eyes of many people, investing in the distance lies in being invincible in the distance and not doing business at a loss.

But if Li Dong uses this money for retail mergers and acquisitions, can he really make a profit in the short term?

Yuan Chengdao had doubts about this, and at this moment, Yuan Chengdao was slightly worried.

Thinking of these things in my mind, Yuan Chengdao was slightly distracted.

It was not until he felt a staring look from around that Yuan Chengdao woke up and looked up at everyone.

At this time, Liu Qi, who was standing beside him, whispered: "Mr. Li asked you to summarize the performance of the first half of the year two quarters."

It is now July, half of 2009 has passed, and the performance summary for the first half of the year is also due to come out.

As the president of the group, the performance summary of the first half of the year is naturally the clearest.

In fact, today's meeting is to summarize the first half of the year. All the previous discussions were just extra topics.

As a result, Li Dong asked a few questions, but Yuan Chengdao did not respond, which naturally attracted everyone's attention.

As soon as Liu Qi reminded, Yuan Chengdao hurriedly said: "Just Mr. Li said about ABS financing just now. I happened to be wondering if there can be some other projects in the distance and also conduct ABS financing. I was fascinated by the thoughts for a while, sorry."

After a brief explanation, Yuan Chengdao breathed a sigh of relief when he saw that Li Dong didn't care about this.

Then, Yuan Chengdao picked up the document and began to talk about the business summary report of Yuan Fang in the first half of the year.

In the conference room, everyone else listened carefully, and Li Dong even started to write and draw, obviously he attached great importance to the performance of the distant future in the first half of the year.
Chapter completed!