The investment era of rebirth

"They say the economic base determines the superstructure."

After a pause, Su Yu continued: "Only a generous distribution of benefits can give employees enough motivation. Only by making the pie of 'Yuhang Investment' bigger can we gather the strength of everyone's hard work and struggle. I believe

After this distribution of year-end bonuses, the company's outlook will change in a more positive way."

"Well!" Li Meng responded, "This should be for sure. After all, after we have raised the company's hidden benefits, with the outbreak of this hot search, more and more talents will pour into our company. Currently,

Employees will feel increased pressure and increased competition, which will prompt them to work harder to complete their work and do everything well!"

"Actually, I was thinking..."

Li Meng pondered for a moment and then said: "Can you ask Manager Zhu of the Operations Department to set up a 'last elimination' system for each department? Those who rank at the bottom of the performance appraisal will be dismissed at the end of the one-year period."

"It's not necessary yet," Su Yu said. "The company's current number of people and departments are still quite streamlined, and the 'last elimination' system is not used."

"Also, I don't think this elimination system is very good."

"Under this high-pressure elimination system, employees will not have a strong sense of belonging to the company."

"Also, it may intensify the vicious competition among employees within the company."

"Okay!" Li Meng thought about it carefully and felt that what Su Yu said made sense. He paused for a moment and changed the topic, "In the past six months of the company's development, in addition to the performance of the fund, our equity investment in the primary market,

Looking at the entire private equity investment fund circle, it can be regarded as the leader."

"Based on the ranking of investment transaction volume in the private equity investment industry."

“Our ‘Yuhang Investment’ is also ranked among the top, second only to several large domestic private equity investment companies.”

"Yes!" Su Yu responded with a smile, "Liang Bin and He Qian have been running around doing research and looking for projects for the past six months, and it has been really hard."

"That's not what I want to say." Li Meng replied, "I want to say, are we... moving too fast in the primary market?"

"Are you worried about the liquidity problem in the primary market?" Su Yu roughly guessed what Li Meng meant and asked.

Li Meng nodded and said: "Yes! After we invest in domestic and foreign listed companies such as Tianqi Lithium, Wowu Biotech, and Talison, it will not be too difficult to exit, but it is not as difficult as Zitiao."

For start-up and development-stage enterprises such as the Internet, New Nanotechnology, Mingjiang Technology, Huichuan Technology, Tianwei Food, etc., it is not easy for us to realize the investment equity when necessary."

"Don't worry too much about this." Su Yu said, "As long as a company has development potential, its equity is a high-quality asset. Although the primary market is less liquid than the secondary market, there are still many institutions and investment companies willing to invest in high-quality equity.

As for the problems of too long harvest period for equity investment and excessive capital accumulation, as long as the performance of the main funds operated by our company can be sustained and positive feedback can be given to the primary equity investment market, there will be no problems."

"At present..."

"Based on the projects we invested in the primary market last year."

"Except for the recently completed investment projects of Tianqi Lithium and Talison, all other projects should have achieved an increase in the value of their equity."

"Moreover, even in the worst case scenario, fund performance cannot form positive feedback on primary market investment projects."

"Our company has no long-term or short-term additional liabilities, so there is no big operational risk problem."

"In other words, even if all the investment projects in the primary market suffer huge losses, the actual impact on our company's operations will be close to zero."

"After all, the funds we use to invest in the primary market are the company's remaining profits, not liabilities."

"The growth process of an enterprise always goes from the start-up stage to the development stage and then to the mature stage. Often, although the risk of investment in mature stage enterprises is small, the probability of obtaining excess profits is also small. Since we are in the company's development strategy

If you decide to be an angel in the primary market and invest at the VC stage, you should bear the corresponding risks."

"actually……"

Su Yu smiled and continued: "According to the general return cycle of primary market investment, once the project scales up, we will not need to inject new funds into the company's venture capital department to form a positive cycle of investment funds.

So, overall, this development direction and investment pace are not wrong.”

"Moreover, investment in some projects will no longer be available after the opportunity is missed."

"As long as the project has huge investment value, then even if it is temporarily more radical, I think it's okay."

"Okay!" Li Meng saw that Su Yu had obviously thought more about this matter than she did, and Su Yu's understanding of 'primary market investment' was indeed deeper than hers, so he didn't say more.

Next, the two continued to discuss many operational and development issues of the company for a while.

Then, they waited until about 10 o'clock in the evening before they went to sleep.

The next day, when Su Yu came to the company, he saw that the attitude of the company's employees towards him had obviously changed greatly, and their heartfelt admiration and respect were clearly revealed.

Qin Haowen, the director of the human resources department, also complained to him with a smile.

It said that last night, more than 500 new resumes were added to the company's public resume delivery mailbox.

"Haha, now you are very busy at work." Su Yu joked with a smile, and then said, "Screen carefully and recruit more real talents."

"Okay!" Qin Hao asked and left Su Yu's office without saying much.

"Mr. Su..."

Just as Qin Haowen left, Lin Antu broke in and reported: "According to internal information, the eastern suburbs of the city that you asked me to pay attention to, the old industrial zone in the past, and the large area of ​​​​Qianjiang River in the eastern suburbs, are now according to the government

Internal documents stipulate that land auctions have been suspended, and according to some information from the Municipal Environmental Protection Bureau, they are accelerating the relocation of old manufacturing plants in this area."

"Then it seems... the news should be clear soon."

Su Yu heard Lin Antu's report, pondered for a moment, smiled, and said: "On a macro level, the country's loosening of real estate will definitely further promote the development of urban construction. Judging from the signs you mentioned, some people

, I must be unable to bear it any longer."

"Oh, and..." Lin Antu paused and said, "Alibaba's major internal shareholders have unanimously decided to submit listing application documents to the New York Stock Exchange in the United States, intending to be listed on NASDAQ, and international

Major investment banking institutions all value it at around US$200 billion."

"200 billion US dollars!" Although Su Yu knew the results of Ali Baba's listing in the United States, he couldn't help but exclaimed when he heard this valuation.

Lin Antu nodded and responded: "Yes, 200 billion U.S. dollars! And if Ali Baba is listed at this valuation, based on the group shares held by President Ma, he is likely to become the new richest man in the country."

"It's just wealth on paper." Su Yu smiled, "Is there any other important news?"

"I heard that the eldest son of the Chen family has been investigated, but..." Lin Antu said, "I don't know who will go further, the one named Ni or the one named Hu."

Su Yu nodded slightly and said, "The Chen family's demise was expected."

"There are also some news about restructuring and mergers and acquisitions in primary and secondary markets at home and abroad." After a pause, Lin Antu continued, "I have asked people in the department to transmit these news to the company's intranet information database. Mr. Su

You can check it yourself according to the information calendar, I will not report it one by one."

"Okay!" Su Yu responded and smiled, "Thank you for your hard work."

Hearing Su Yu's polite words, Lin Antu showed a hint of embarrassment on his face and said, "Mr. Su is joking. If you give me so much money, I have to be worthy of my job."

When Su Yu saw him talking about money, he couldn't help asking: "Is my sister-in-law still making trouble with you now?"

"We have stopped making trouble for a long time." Lin Antu said with a smile, "I bought a new house and my child has gone to the school she wanted. Anyway, she is proud now, so why is she still making trouble?"

"That's good!" Su Yu chuckled, "I asked Mr. Gao to arrange the annual meeting the day after tomorrow. The venue is at the Crown Hotel. You can ask your sister-in-law to come too!"

Lin Antu hesitated for a moment and wanted to refuse.

But then he thought of his wife's fierce temper. If he knew about the company's invitation and deliberately did not take her there, he didn't know what news would be caused. He couldn't help but sigh and nodded.

Afterwards, the two talked about the personnel promotion and development of the ‘Market Intelligence Department’.

Then, after about half an hour, Lin Antu exited Su Yu's office.

After Su Yu finished handling the matters and problems raised by the heads of various departments in the company, and then seeing that nothing happened, he walked out of the office and walked into the trading room of the fund trading department.

All I saw was the big screen reflecting the market conditions.

Several major indexes still showed a slight decline in the form of shrinkage. The hot spots in the two cities were scarce, transactions were sluggish, and there was still no sustained money-making effect.

And for the next two trading days, the market remained the same.

It seems that the entire market, after the waves of continuous speculation in the second half of last year, has completely returned to calm and fallen back into a deep bear market.

In this situation where the decline continues, there are no hot spots, and the market continues to shrink.

As the Spring Festival approaches, the two main funds managed by Su Yu naturally have no action.

The entire company, from top to bottom, is immersed in the joy of the high year-end bonus, and counting the days backward, looking forward to the long Spring Festival holiday.

And in this atmosphere...

On January 24, when the company's annual meeting was held, Su Yu publicly announced the company's holiday plan during his year-end speech. He decided to start the holiday from January 28 and extend the company's Spring Festival holiday to 10 days.

, which made the employees excited again.

"Mr. Su..."

"Mr. Su..."

"Mr. Su..."

As the annual dinner progressed, many people began to toast Su Yu.

Su Yu looked at the department heads during the banquet and looked around the banquet hall, which was filled with more than 100 company employees. He also felt very satisfied and couldn't help but drink a few more drinks.

After the annual meeting...

In the next few days, Su Yu handed over all the finishing work of the company before the holidays to Li Menglai.

He brought Yu Xiaobing, the manager of the marketing department who was good at socializing, to concentrate on dealing with invitations from important customers who had invested in the company's fund products, as well as many important banquets in the Yuhang business community, and developed a broader network of contacts.

Finished busy with external activities.

Before Su Yu left Yuhang and returned to Yuzhou, he went to see Shi Yuling and Ivana again.

I saw that Ivanna was much better than before. Except for the occasional confusion in her memory, she was able to cope with everything else and no longer needed anyone to take care of her.

"Yuling, are you going back to Yuzhou during the Spring Festival?"

Su Yu looked at Shi Yuling, who was on vacation from school and was helping Evana remember many things in the past and help her consolidate and restore her memory, and asked.

Shi Yuling thought for a moment, then looked at Evana and said, "I'll spend the festival in Yuhang with Nana."

"Okay!" Su Yu responded without forcing anything.

"By the way, brother, after you helped Sister Liying last time, this time Sister Liying gave you two tickets to the Spring Festival Gala." Shi Yuling said happily, "If you don't go, then I will go with Nana.

Went to watch the Spring Festival Gala live.”

"Oh?" Su Yu was slightly surprised when he heard that what Zhao Liying reported in return was two tickets for the Spring Festival Gala, and said, "I didn't expect your sister Liying to have such ability, okay... you and Nana go."

"Yeah!" Shi Yuling responded.

Then she told Su Yu some interesting stories about her in school, as well as her classmates and roommates' admiration for Su Yu.

Su Yu listened with a smile and occasionally asked her about the lessons she had learned. Then, after the nanny finished cooking, everyone had dinner together before he left.

Walk out of the community where Shi Yuling lives.

Su Yu glanced at Delina who was driving and said, "You don't have to follow me when I go back to Yuzhou. During the Spring Festival, you can just keep an eye on Yu Ling and your sister. What's the matter?

, you can call me at any time, of course, I believe you can handle it."

"Okay!" Delina responded without saying anything more.

After arranging everything...

The next day, Tuesday, January 28, the twenty-eighth day of the twelfth lunar month.

Su Yu and Li Meng took the morning flight from Yuhang to Yuzhou and returned to Yuzhou.

As soon as he got off the plane, his cousin Yan Chengming parked the car and waited at the exit. No matter how he was dressed or dressed, he looked much more energetic and elegant than when Su Yu last met.

"Cousin, Miss Li..."

Seeing Su Yu and Li Meng coming out together, Yan Chengming hurriedly greeted them and helped carry their luggage.

"You look much more elegant than before." Su Yu saw the smile on his cousin Yan Chengming's face and said with a smile, "How are you, how are you doing recently?"

Yan Chengming put the luggage in the trunk of the car, laughed twice, and said: "It's not that good. Now I am the sales general manager of 'Yuli Clothing Sales Company', responsible for the entire offline sales in Sichuan and Chongqing."

When it comes to building a network, I now feel that... it’s better to run my own business, and the more I do, the more energetic I will be.”

"Not bad, I have the consciousness of a boss."

Su Yu sat in the passenger seat, then let Li Meng sit in the back seat and said with a smile.

"Your sister and Mingli are still great." Yan Chengming said, "In half a year, they have managed to run the business smoothly, so I... I just gave them a hand."

"Oh, by the way, where is my sister?" Su Yu asked.

"The company still has something to do, and your sister is taking care of it, so I came here." Yan Chengming said, "Don't worry, sister, Jianbo is here."

"Well, okay!" Su Yu responded, looked back at Li Meng, and said, "Then let's go back to our hometown in Jiangling County directly, and we don't have to wait for my sister and the others."

"Okay!" Yan Chengming responded.

Then he drove around Yuzhou City for a while, picked up his wife Zhu Mingli, and went straight to his hometown in Jiangling County.

After chatting on the way home, Su Yu learned that in the past six months, his cousin and his cousin-in-law's family had bought a house in Yuzhou City, and they just had to bring their children to study in the city.

Back in Jiangling County, Su Yu asked Yan Chengming to send Li Meng home first.

Then, everyone returned to Su Yu's hometown together.

When Yan Chengming drove the car to the door of his house, Su Yu got out of the car and looked at the brand-new farmhouse erected in front of him, as well as the joyful smiles on the faces of his parents who came out. Many emotions surged in his heart, and there were also emotions on his face.

He couldn't help but express his joy.