In the past, the model was immature and we did not dare to expand rashly.

The second is borrowing funds.

At present, Huinongdai’s borrowing funds consist of two parts, shareholders’ funds and funds provided by Ruimin Financial Management.

The rate of return required for shareholder funds is not high, just 5% a year.

However, the capital cost of Ruimin Financial Management is very high, more than ten points.

The transfer of high capital costs to borrowers is something we don't want to see.

Under the market economy, it is impossible for Huinong Dai to accept this part of the loss. This is also not conducive to the normal development and scale expansion of Huinong Dai.

Therefore, we have invited the leaders of the Poverty Alleviation Foundation today to discuss the capital increase and share expansion of Huinong Loan.

Once we have sufficient funds, Huinong Loan will accelerate its development."

Director Liu nodded and said:

“This Huinong Loan project has been studied and discussed within our foundation for many times, and we are very satisfied with your development direction, model and corporate vision.

This is the valuation!

Oh, you Internet companies like to call it valuation.

We outdated old men still like to study the net assets of companies.

Net assets are used to measure the value of a business.
Chapter completed!