Chapter 276
"Now, the public funds in Tianhe are all controlled by the government and bond institutions. Ordinary people like us simply have no access, no matter how much money we have. Even if we take the money and offer it to them, they won’t give us the time of day because eventually, that money will end up in their hands anyway. You could say that the public fund sector is dead. At least, it’s a dead end for us. The public funds in Tianhe City are not doing well precisely because of this reason—they are controlled by a handful of tycoons. Outsiders can’t get in, and insiders won’t come out. But private equity is a different story. Tianhe has a market and opportunities. The wealthy people here might not necessarily be fewer than those in Shanghai or Shenzhen. If those places could have a Shanghai Stock Exchange, why can’t we engage in the same business? If there are leaders and suitable, safe channels, a whirlwind will definitely sweep through Tianhe. I do not believe people would refuse to make money."
It appears she had done extensive research into this matter, otherwise she wouldn’t have been able to compile such detailed data and information.
"Although Binhai Industrial is a listed company with fairly good profits and reputation, this is not its ultimate destiny. You’ve seen the company’s financial statements, you should know what the problem is, right?"
"There are no major problems. Generally speaking, all companies are more or less the same in this respect. But the issue is with its equity structure. It’s not conducive to making flexible, correct, long-term strategic decisions. There will always be someone who speaks out and disagrees."
"That’s right. As for the real spokesperson of Binhai, we can ignore that for now because it’s not my target. Mentioning its finances is just for reference. What I want to say is that every type of company has issues with equity distribution, especially listed companies, where control and grasp over the equity is more stringent. But in fact, what the stock exchange does is simply a public recruitment under the guise of a trading platform. So, I want to do private equity. I want to do it for the whole city."
Such great ambition. But, I like it.
"You don’t have to be so amazed. Private equity is just another way of saying fundraising, very common, or you could call it borrowing or, to put it bluntly, writing IOUs. Success is easy, but losing everything and falling into debt is even easier. Alright, I’ve said my piece. Now it’s your turn to share your thoughts." Zheng Xinru picked up the teapot to pour herself a cup of tea, then sipped with her head lowered.
Leaning back on the sofa, Ye Tian’s mind began to race. Ever since he returned from the battlefield, he had been wandering and contending within the concrete jungles, negotiating with people who weren’t pushovers. Before every move, he would meticulously weigh and predict, considering every detail; not just for his own sake but for unfinished business that, should he die, no one else would carry on. He was lucky to say the least, as he had survived until now and had almost become a prominent figure in Tianhe City. However, these weren’t reasons for Ye Tian to be reckless. Instead, they made him even more cautious and careful. He understood all that Zheng Xinru spoke of, but he was also well aware of the inherent risks.