Director Liu swallowed his saliva. He was a little tempted and continued:

"The maximum is 50%. No matter how much it goes, we, Hua Si, will have no choice but to give up cooperation."

Wang Qihang squinted his eyes, then opened them again, and said in a low voice:

"Okay, 50%, I agree."

After hanging up the phone, Director Liu asked Liang Weimin for credit:

"Master Liang, what do you think? I will get rid of him with 50%, and our company will still have 20% profit."

Liang Weimin said disdainfully:

"Twenty million in advertising fees is only 4 million in profit, which is not enough for me to buy a car.

We don’t want this money, just spend it all. Give me the real data and don’t make He Shenghua suspicious.”

Director Liu nodded helplessly and said:

"Okay! I'll try to double the data. Lao He's ads are getting better and better, so he won't be suspicious."

Liang Weimin waved his hand and said:

"Okay, just watch!

Once this is done, I will promote you to the position of general manager of the subsidiary company."

Director Liu became excited upon hearing this, patted his chest and said:

"Young Master Liang, this matter has been taken care of by me, Lao Liu. I promise to handle it beautifully for you. If it doesn't work well, I'll come to see you personally!"

Liang Weimin wanted to laugh a little, this old Liu was such an old fool!

When I asked him to do something before, he was always coy about it, saying it was hard to do, couldn't do it, and all sorts of shirks.

Now I throw out the bait of general manager and behave like a dog wagging its tail to beg.

…

Yimin Financial Services.

Ding Siyao's office.

Zhang Yida came over today to check on the work progress and was asking Ding Siyao.

"I haven't been here for a long time. How are you doing here in Yimin?" Zhang Yida asked with a smile.

Ding Siyao smoothed her hair and revealed her beautiful face. Li Duo smiled slightly and said:

"The amount of funds raised by Yimin Wealth has exceeded 1 billion. Next, we are also preparing to apply for a fund sales license and an insurance brokerage license to expand our business scope."

Zhang Yida scratched the back of his head. The development speed of Yimin's wealth was a bit beyond his imagination. Now they have begun to deploy funds and insurance.

After thinking about it, I felt that I should support it. So I said:

"I support the layout of funds and insurance. Yimin Wealth is now getting bigger and bigger, with more and more customers.

In order to meet the asset allocation services of different customers, we must also vigorously improve our own business lines."

Ding Siyao nodded and said:

"Yes, there are more and more customers now. Some like equity investment with high risk and high return, some like securities investment with medium risk and medium return, and some like insurance with low risk and low return.

So we need to be equipped with a wide range of financial products for customers with different risk preferences to choose from."

Zhang Yida thought that in later generations, these two small financial licenses had been raised to tens of millions or even hundreds of millions in transaction prices. Now they can still apply. In the future, the application threshold will continue to be raised, and the number of licenses will also be reduced. The price will naturally be

A rising tide lifts all boats.

So he said to Ding Siyao: "Then you go and apply! Apply first. If you can't apply, buy it."

Ding Siyao smiled bitterly: "How can we have the money to buy it now? If we can't apply, we can only put it on hold temporarily. I asked about buying a license. The transfer price of a national insurance brokerage license is 20 million, and the fund sales license is three or four."

Ten million.

If you buy both licenses, you will need at least 50 to 60 million.

Our Yimin Financial Services Group only has tens of millions left in its account now. If we buy the license, we will completely deplete our liquidity."

Zhang Yida has a headache. Yimin Financial Services is burning money too fast. Several subsidiaries are currently losing money except Yimin Wealth, which is able to break even.

Zhang Yida then looked at the recent financial statements and was filled with emotions!

Yimin Financial Management has reduced its advertising investment and is currently mainly exploring the potential of existing users.

Although a lot of expenses have been reduced in advertising, the ever-expanding operations team and the newly recruited customer service team of hundreds have greatly increased labor costs.

Advertising expenditure is 3 million yuan and labor expenditure is 5 million yuan, which is a monthly loss of at least 8 million yuan.

As for the company's operating income, it is basically used as sales expense subsidies to financial management users.

Otherwise, it would be impossible to attract users just by relying on a fixed interest rate of 10%-16% without issuing red envelope investment coupons.

The competition in the industry is too great, and everyone is trying to make money at a loss, or fighting for profit margins to grab users.

As for Yimindai, it has only been online for a week and has issued a total of 10 million loans.

It’s not that I don’t want to lend more money, it’s mainly that the risks for online customers are still too great. Chen Shaojie and the risk control team he leads are still doing further data analysis.

Make further adjustments based on the data analysis results, whether to increase or decrease the loan scale.

In short, we can't rush things on Yimindai's side, so we can only take care of them slowly.

If you want to make a profit, don't even think about it for the time being. You will still have to lose money on labor costs for at least a few months.

The risk control and product development team of more than 50 people has monthly labor costs of more than one million yuan. In other words, Yimindai is losing more than one million yuan every month.

As for Yimin Puhui, the current two branches in Chengdu and Beijing cost nearly 10 million yuan in the early stage to open.

It is not profitable yet, and the monthly labor expenditure for a team of 300 people in two branches is at least 1.5 million.

It will definitely not be profitable within a few months, because the team is still working hard and will not be able to produce much results at all.

Zhang Yida's final calculation showed that the combined monthly losses of the four subsidiaries of Yimin Financial Services Group reached more than 11 million yuan.

The entire group's cash reserves are already less than 50 million.

But the situation is not dangerous because cash flow has been positive.

The monthly business scale is steadily increasing. Every time the cooperative loan company receives a fund, it will pay the interest on the fund for the next one or even two years.

This revenue alone has reached 200 million.

It’s just that these 200 million will need to be distributed to every investor bit by bit in the next one or two years.

Since it is not going to be distributed now, the money can be used.

Just like Goudong and other card suppliers' payments, Yimin Financial Management can also use this account cycle to do something.

The simple understanding is that "Yin eats Mao Liang", spend this part of the income, and then use the subsequent operating income to fill this hole...

Until funds like venture capital come in and drag the company out of the pit.

Or if several other subsidiaries become profitable, they can also fill this hole.

However, the company has always had a certain amount of free cash, so Zhang Yida has not used this amount of money that has been determined for the next 1-2 years.

However, with these 200 million in hand, Zhang Yida did not panic.
Chapter completed!