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Text Chapter 426 Smart People

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    Chapter 426 Smart People Please subscribe, please vote.  Thanks.  The matter of the Satellite Launch Site in the Democratic Republic of the Congo has just come to an end, and good news came from the negotiating team in South Sudan. They also leased a piece of land covering an area of ??150 square kilometers in South Sudan at almost the same price. The lease period  For twenty years, the rent is $25 million per year.  With Sun Zesheng¡¯s current strength, it will be very difficult to develop the base in the Democratic Republic of the Congo alone, and there is no ability to build two satellite launch sites at the same time.  He had no choice but to ask the negotiating team to sign a lease agreement with the South Sudanese government, then encircle the land with barbed wire, and then send a small number of people to inspect the site.  The development of this land can only be carried out after the construction of the satellite launch site in the Democratic Republic of the Congo.  The satellite launch site is a gold-swallowing monster. Although Future Light Company is very profitable and other companies are also profitable, Sun Zesheng cannot save money to build the satellite launch site. He has to spend tens of millions of dollars almost every day.  Extract it and send it to Africa to use it as the construction cost of the satellite launch site, the military expenditure of the mercenary army, and the scientific research and manufacturing costs of Gong Jiuqing and others.  Sun Zesheng feels a lot of pressure. He has opened so many companies, but until now, he has never really had enough money, and he is squeezing his financial potential almost every day.  Sun Zesheng really wanted to borrow money again, but thinking about everything that had happened between him and Maoxin Bank and Maoxin Jiahua Bank, he gave up the idea of ??borrowing money from the bank again.  It was already difficult for him to regain confidence in a bank that was in the hands of others.  Just when Sun Zesheng was worried about money, Future Light Company held its annual agency auction for the new year.  At the auction, Wuhan Yang announced a price increase for all the company's products, including a 5% price increase for Meiruge brand youth cream series cosmetics and a 4% price increase for the Starlight series cosmetics.  Product price increases have not been able to stop the agents from going crazy. Having tasted the sweetness brought to them by Future Light's products, they are even more eager to be agents of Future Light's products for a longer period of time.  In the fierce competition atmosphere at the auction venue.  The agency prices of the two series of cosmetics continued to rise, and in the end, both sold for sky-high prices.  ??Among them, the purchase price of the Starlight series cosmetics is more than 50% off the retail price, with an average of 51% off, while the original purchase price of the Starlight series cosmetics is only about 40% off.  The purchase price of Meiruge brand youth cream series cosmetics is even more exaggerated, with an average of 34% off, while the original price was only 55% off.  The accumulation of the two means that it can bring an additional ** billion in profits to Future Light Company every year.  But these benefits can only wait until after the Spring Festival.  It can only be reflected when the monthly payment is recorded.  Now, Sun Zesheng will definitely not be used.  Sun Zesheng still has to worry about insufficient funds. You must know that the land in South Sudan is 50% larger than that in the Democratic Republic of the Congo, and the development costs will correspondingly increase by several percent. This means that in the next two or three years, he will always  All are troubled by this problem of insufficient funds.  Is there any way to solve this problem once and for all?  Even if it can't be solved, it can be relieved.  Just when Sun Zesheng was racking his brains to think of a solution, Mendelssohn took the initiative to come to the door.  Ask to see him.  Mendelsohn is a Jew. His identity is Song Jiayi¡¯s financial assistant and he is a senior executive in the company.  However, Sun Zesheng didn't like Mendelssohn very much. The Jew was a little too shrewd.  When Sun Zesheng raised funds to acquire Baolong Company, Mendelssohn also contributed. Unlike Wuhan Yang, Mendelssohn followed the Rong family, Hu Tianqin and others to ask him to use Baolong Company's equity as collateral.     certainly.  Sun Zesheng didn't think Mendelssohn had done anything wrong, but he just didn't like Mendelssohn's style.  Because he didn't like it, Sun Zesheng rarely took the initiative to talk to Mendelssohn.  Not to mention assigning work to Mendelssohn.  Mendelsohn sat opposite Sun Zesheng in a neither humble nor arrogant manner, with a calm look on his face, without any formality. It seemed that the person sitting in front of him was not a big boss who could decide his fate, but an ordinary passerby.  Sun Zesheng did not bother with Mendelsohn. He went straight to the point and asked, "What do you want from me?" Mendelsohn nodded, "Mr. Sun, based on my observation and understanding, the company seems to be under financial pressure?"  Sun Zesheng did not deny that Mendelsohn was a financial consultant. If he could not analyze this, he would be extremely incompetent.  Mendelsohn said: "I know that Mr. Sun has suffered losses from domestic banks. According to my understanding of you, the possibility of you taking the initiative to borrow money from the bank is very small. Even if the bank takes the initiative to come to your door and ask for a loan, you will  Not yet?I want it.  If I don't borrow money from the bank, I have a few ways to ease the company's financial pressure. I wonder if my boss is willing to take the time to tell me about these ways.  " "Mendelsohn, don't you think you should report to Sister Song?  You should be responsible for Sister Song, not me.  "Sun Zesheng said lightly. Mendelssohn's face remained calm, "Mr. Sun, I know I just want to report to you, but it may not be in compliance with the regulations.  But I still feel that I should report my ideas to you, because I know that even Director Song may not be able to make the decision on some of my ideas.  " Sun Zesheng glanced at the Jew, "Okay, tell me what you can do?  " "I have come up with several ways.  Let¡¯s do it easy first and then hard.  The first way is to issue corporate bonds.  With the company's current popularity, if we can reasonably issue a certain number of corporate bonds and agree on a term and interest acceptable to the audience, I believe we will be welcomed by the market.  Mendelsohn said. Sun Zesheng nodded, "This method is good. How many bonds do you think we can issue?"  " Mendelsohn said: "I have calculated that issuing 10 billion will not put much pressure on us. If we double the issuance and pay it back in the future, it may be a little difficult, but if we bite the bullet, there will definitely be no problem.  And if Mr. Sun can use the funds raised from corporate bonds on money-making projects, maybe he can easily pay back the 20 billion bonds issued.  " Sun Zesheng pondered for a moment, "Then 20 billion. You will be responsible for this later and strive to get our corporate bonds listed as soon as possible.  " Mendelsohn nodded. "Mr. Sun, do I want to continue the report?  " "Of course, you just said one way, let's talk about the second way.  "Sun Zesheng became interested. Mendelsohn continued: "The second method is of course a loan.  Since Mr. Sun is not interested in borrowing from domestic banks, we can bypass domestic banks and borrow from foreign banks.  I believe that many foreign banks are very interested in lending to our company.  If Mr. Sun opens his mouth, it will not be a problem to easily borrow ten or twenty dollars.  The third way is to absorb venture capital.  Mr. Sun started by cooperating with venture capital companies. With the development momentum of our company, both domestic and foreign venture capital companies.  They will definitely be interested in our company.  The fourth method is that there are underground banks in the country. If Mr. Sun is not afraid of paying high interest, he can temporarily borrow money from underground banks to ease the financial pressure.  The fifth method is that Mr. Sun can also follow the old example of Baolong Company and raise funds publicly.  If Mr. Sun can give equity in return, I believe many people will respond enthusiastically.  " Sun Zesheng raised his eyebrows, "Are these the only methods?  Mendelsohn felt that Sun Zesheng was not very interested in any of his methods, so he hurriedly said: "There is another way."  Mr. Sun, in the long run, I still think we should spin off the various subsidiaries of the parent company and list them on the market.  Like Future Light Company, if it goes public.  There will definitely be no problem in becoming a company with a market value of over 50 billion, even if it is 100 billion, it is possible.  This way.  The amount of funds raised by Future Light alone is extremely considerable.  In addition, companies such as Qingshui Water and Powerlong are high-quality assets. If they are listed, they will definitely be sought after by stock investors.  " Sun Zesheng nodded. "The matter of going public needs to be considered in the long term.  In this way, I will take out Powerlong Company, and you will be responsible for preparing for the listing of Powerlong Company. We will conduct an experiment first. If it goes well, we will then consider the listing of other subsidiaries.  " Preparing for the listing of a company with total assets of billions is definitely a big deal, but Mendelssohn's expression has not changed much despite being so highly used. I don't know whether he is too wealthy or whether Sun Zesheng is using him so highly.  Still can¡¯t satisfy him. ¡°If you don¡¯t have anything else to do, go ahead and do your work.  "Sun Zesheng began to "evict people." Mendelsohn said: "Mr. Sun, I have something else to do.  This matter is actually one of the ways to solve financial pressure.  " "Do you still have a way?  Tell me quickly.  "Sun Zesheng didn't expect that Mendelssohn hadn't finished speaking. Mendelssohn coughed, "That's it, Mr. Sun, my best skill is actually financial management.  If Sun Zesheng can entrust me with a fund to manage, I am confident that the fund will grow at an annual rate of return of no less than 30%.  "    "thirty?  Sun Zesheng asked, "Are you sure?"  "Mr. Sun, I'm not boasting about Haikou, 30%, I've never said it before. If I operate better, it's possible for the annual return rate to exceed 50%."  "Mendelsohn showed a hint of arrogance.??.  Sun Zesheng rubbed his chin and looked at Mendelssohn meaningfully.  An annual rate of return of 30% is definitely not a small number.  The bank's interest rate is only over 3%, which means that if Mendelsohn can really do it, his income will be ten times the interest earned by depositing it in the bank.  At present, the profitability of most small and medium-sized enterprises in China is not high. If it can be 5% to 7%, it is considered good.  Of course, if the 30% annual rate of return is compared with the profitability of Sun Zesheng's company, there is no comparison.  It stands to reason that it would be more appropriate to use the funds to open a new company than to give it to Mendelsohn for financial investment, but this also has to be considered in two aspects.  Just like Future Light Company, it is currently the most profitable company owned by Sun Zesheng. If more Future Light companies can be opened, it seems to be more profitable.  But this is unrealistic.  First of all, it is impossible for Sun Zesheng to play the trick of fighting with his left hand and his right hand. It is impossible for him to open two companies at the same time to buy the same type of cosmetics.  Secondly, there is a limit to the expansion of Future Light Company, and it is impossible to expand indefinitely.  Future Light's products are high-end, and only a few can afford to buy them.  After expansion reaches a certain level, if we continue to expand production capacity, it will cause overproduction, which is of no benefit.     also.  The Light of the Future Company is very profitable, which means that it can meet the capital needs brought about by its own expansion, and even has a large balance.  This part of the balance cannot be invested in the expansion of Future Light Company. It can only be withdrawn and either invested elsewhere or left idle waiting for depreciation.  ??Similar situations also occur in companies such as Qingshui Water, Xingshen Company, and Muyao Seiko. They are all companies whose profits far exceed their own development needs. They cannot spend all the money they make and can only use it to make new investments.  It is impossible for Sun Zesheng to keep opening companies endlessly.  So sooner or later, he will have more and more idle funds in his hands. If he can find someone who can increase the value of the idle funds by 30% every year, that will definitely be a great thing.  However, Sun Zesheng believed that Mendelssohn was not a generous person. Even if he offered him a high salary, he would still hope to earn more if given the opportunity.  "Tell me, Mendelsohn. If I let you take care of my idle funds, what conditions do you need?" Sun Zesheng said lightly.  "If Mr. Sun can let me represent one billion Chinese coins, my requirement is 10% of the profit. If there is a loss, I will bear 20% of the loss." Mendelsohn did not blindly only want benefits.  .  "If I let you represent more than 10 billion, how much profit do you plan to make?" Sun Zesheng asked.  Mendelssohn¡¯s eyes suddenly shone brightly, and his breathing became heavy.  "If Mr. Sun is really willing to give me 10 billion to manage, I will only take 5% of the profit. If there is a loss, I will still bear 20% of the loss." According to him, the annual profit rate is 100%  Thirty, ten billion in profit is three billion.  Five percent is 1.5 billion.  It is difficult to find such a high salary among professional managers all over the world.  What's more, Mendelsohn also said that if he did well and could achieve an annual profit rate of 50%, he would gain even more.  Sun Zesheng nodded, "Okay, Mendelssohn, I can let you try it. I will first allocate 100 million funds to you. You can operate it for a month and see if you can really prove your ability to me.  I don¡¯t mind allocating more funds to you. If your ability is really extraordinary, let alone 10 billion, I can leave it to you to manage even 100 billion.¡± Mendelsohn stood quietly.  He stood up and said excitedly: "Don't worry, Mr. Sun, I will never betray your trust. I will prove to you my talent in financial management." "If you are too busy, you can issue corporate bonds  Let others take care of the listing of Baolong Company," Sun Zesheng said again.  Mendelsohn said: "No, Mr. Sun, I can still handle a few small things by myself. Just ask Mr. Song to arrange a few more assistants for me." Sun Zesheng nodded, "That's good.  "Mendelsohn's efficiency is indeed very fast. Just a few days later, rumors began to spread that Future Light International Industrial Co., Ltd. was going to issue corporate bonds.  People kept calling to ask about the situation.  According to the plan designed by Mendelsohn, Future Light International Industrial Co., Ltd. is preparing to issue three types of corporate bonds, with three-year, five-year and ten-year terms.  Among them, there is a three-year plan to issue 5 billion, with an annual interest rate of 7%.The issuance rate of 8 billion issuance in one period is 7.5%, and the issuance of 10 billion in 10 years is 8%.  The total amount of three types of bonds issued is 23 billion.  If all these corporate bonds can be sold, it can be said that the funding problems for the construction of two satellite launch sites are basically solved.  Frankly speaking, the interest rate of corporate bonds issued by Future Light International Industrial Co., Ltd. is not particularly high, but compared with the interest rates of banks, it is more than double. Moreover, Future Light International Industrial Co., Ltd. is so well-known and has developed rapidly.  With such a bright future, there is basically no need to worry about whether Future Light International Industrial Co., Ltd. will be able to repay its debts after maturity.  Of course, compared to the interest rates offered by underground banks, Future Light International Industrial Co., Ltd. obviously has no advantage, but the risks are not as high as those of underground banks.  So after Future Light International Industrial Co., Ltd. announced its plan to issue corporate bonds through various channels, many individuals and even financial companies, large companies, etc. came to book bonds from Future Light International Industrial Co., Ltd.  In just one week, more than half of the 23 billion corporate bonds were booked.  However, there is still an approval process for corporate bonds to be listed. No one made it difficult for Sun Zesheng in this regard. Before the end of January, the corporate bonds of Future Light International Industrial Co., Ltd. were successfully listed on the stock exchange. In just a short period of time,  Within a few days, all 23 billion in corporate bonds were sold out.  The funds were quickly transferred to the account of Future Light International Industrial Co., Ltd. All of a sudden, the financial pressure faced by the company was greatly alleviated. This is much more trouble-free and labor-saving than when Sun Zesheng asked his grandfather to sue his grandmother for a bank loan.  .  Sun Zesheng praised Mendelssohn more than once in front of Song Jiayi and others, and Mendelssohn did not disappoint him. With the 100 million Sun Zesheng gave him, he made several in and out of the stock market.  During a period that was not a bull market, I made more than 10 million.  It has only been one month, and the profit has exceeded 10%. If it were enlarged to twelve months, wouldn't it mean that the annual profit rate would exceed 100%?  (To be continued, please search Piaotian Literature, the novel will be better and updated faster!
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