My Fintech Empire

When the host on the right heard the last point made by Fang Hong, he couldn't help but smile and said: "In recent years, the total scale of scientific research funding in our country has exploded, and the Natural Science Foundation can be said to have played a decisive role."

The host turned to look at the audience in the audience and then focused on Fang Hong and added: "Those scientific research projects funded by the Natural Science Foundation, such as the 'Sky Mirror' project, the 'Sky Survey Space Telescope' project, and There is the 'Nine Heavens to the Stars' project, which is said to plan the exploration of the eight planets in the solar system. Currently, the 'Saturn Exploration Plan' and the 'Mars Exploration Plan' have been approved and are in progress..."

Speaking of this, the host turned to exclaim: "There is also the 'Orbital Reef Space Station' project that was established last year. These projects often cost tens of billions or even hundreds of billions in scale, and there is also the trillion-level 'Daily Project'. I Oh my god, a few years ago I wouldn’t have dared to imagine that a project like this would be so big. I can’t imagine that so many super space projects are being carried out at the same time.”

The host's words also explain the terrifying strength of Qunxing from the side, because these projects are actually funded by Qunxing Capital. It has long been an open secret that the financial backer behind the Natural Science Foundation is Qunxing Capital.

At this time, the host looked at Fang Hong again: "I heard that you approved these projects?"

Fang Hong nodded: "You can say that."

Okay, now the "open secrets" can be omitted. By saying this, Fang Hong directly and openly admitted that the Natural Science Foundation was his handiwork.

The host immediately asked: "I was thinking about a question. With so many projects and such a large investment, have you considered the potential risks? For example, problems in the capital chain, or the risk of project failure, etc."

Hearing this, Fang Hong said calmly and confidently: "You talked about the issue of capital chain. With so many large-scale investment projects, it is indeed very important to ensure the stability of funds. But I can answer you this way, Qunxing's debt ratio has dropped to Below 5%.”

Many entrepreneurs in the audience were shocked when they heard this. Some people who had studied Qunxing Capital also knew that the debt level of this giant was not high, but they never expected it to be so low. From the perspective of capital utilization and In terms of asset allocation, it is most comfortable to maintain a debt level of about 30 to 40%. If the debt is too low, the losses will be great.

At the same time, Fang Hong on the stage said methodically: "We maintain such a low debt level, and conversely, we retain a strong leverage capability. When necessary, we only need to raise the debt ratio." Leveraging trillions or even tens of trillions of liquidity."

Everyone was dumbfounded and shocked.

But it is true.

The host couldn't help but said: "Why do you maintain such a low debt level?"

Fang Hong said bluntly: "You can't spend all the money. The biggest headache every year is how to spend the money. I worry so much. This is not a joke, because you have to put the money into practice in a reasonable way and produce corresponding benefits. This is really It’s so difficult, so sad!”

Everyone was stunned for a moment, and then there was a burst of laughter. He pretended to be dumbfounded, but had no words to refute. Although I knew what he said made sense, it was just how I heard it that made me feel inexplicably angry.

Some Chigua netizens who watched the symposium online said directly: It seems that the reason for the series of ultra-large-scale space engineering projects to be implemented has been found. Qunxing really has too much money and nowhere to spend it.

Fang Hong continued: "The host just talked about the problem that space projects may fail and the investment will be in vain, but what I want to say is that these projects will be successful as long as they are invested. There is no failure in my eyes. We are doing it before We have accumulated valuable technology and experience in things that no one has done before, no matter how bad the results are, and these intangible wealth will become the springboard for our next leap forward."

Said with high emotional intelligence: After all, he is a giant, and his pattern is extraordinary.

People with low emotional intelligence say: I have plenty of money, and I can make whatever I want if I can afford it.

After a while, the host looked at the audience and said: "Next, I plan to give time to all my friends in the audience. We have prepared some microphones today, and there are colleagues nearby. You can raise your hands and ask questions directly to Mr. Fang, or you can Questions are asked online, but we give priority to those in the audience who have the courage to ask questions face to face."

Fang Hong, who was sitting on the sofa on the left, put down the microphone in his hand, picked up the mineral water on the table, opened it, took a few sips, and then waited patiently.

The host looked towards the audience and extended his hand and said: "The man in the second row on the left, please invite me."

After a while, the staff at the scene handed him a microphone. The man with glasses, who was about ten years older than Fang Hong, stood up immediately. He looked at Fang Hong on the stage holding the microphone and said: "Hello, Mr. Fang. He is my super idol, I am a little nervous, uh... As a local start-up company engaged in tourism medical care, do you think that in terms of strategic deployment and positioning, facing the mainland market with a population of more than one billion, in the field of tourism medical services, we can What kind of profit-making role does it play? Thank you!"

The camera in the live broadcast room once again focused on Fang Hong. The latter put down the water bottle in his hand, picked up the microphone again and said: "Thank you for your question. I think your entry point for this question is very good. Many people have been asking me After this wave of the Internet, what will be the next wave?”

"I believe that the next wave is health, artificial intelligence, and digitalization. After digitalization and artificial intelligence become popular in the health field, people's interest in medical care, especially health and biotechnology, will continue to grow for a long time."

"As we all know, Chen Yu's company leads the world in artificial intelligence. Some people joke that Quantitative Capital is a high-tech company disguised as investment management. Here is a little revelation for you. As far as I know, Quantitative Capital's The Artificial Intelligence Lab is developing a software using multiple deep learning techniques.”

"This software is designed to provide atomic resolution structural information of proteins based on their amino acid sequences within a few hours. The theoretically predicted structural models are very accurate. For some proteins, the predicted results can even be compared with the real results of experimental analysis. Comparatively, I heard that some progress has been made, and if successful, artificial intelligence will be very popular in the field of structural biology."

Fang Hong paused for a moment and then continued: "Actually, when our country gets rich, the most important thing is to live a healthier and happier life. There is no problem in locking down the field of surveillance. I think people need three things to be healthy. The first is to have good enough food; the second is to have a relatively complete medical system; the third is to exercise moderately, so your direction is in the right direction and you just need to do it well."

...(End of chapter)