There is no love in the world for no reason.

Yu Hongtai naturally didn’t really care about Guan Qiu’s personal safety. In fact, if he hadn’t heard that he was one of the “co-founders” of Xinghai International Investment Company, today’s meeting would not have existed at all.

As a newcomer in the international venture capital circle, Xinghai International Investment Company is now well-known in China's nephews. In most of the year, it spent billions of dollars in investment, and one of them alone was as high as $1.8 billion, which made many investment fund companies jealous until they died.

Who doesn’t want to be friends or even strategic partners with such a powerful nurse who is waving a lot of dollars?

Seeing that Guan Qiu was still hesitating, Yu Hongtai struck while the iron was hot and said, "Mr. Guan, you should understand that the capital world has always been a group to keep warm. You are like the big European and American consortiums. They rarely fight alone. When they encounter opportunities, they often rush forward and attack them in groups.

In addition, personal voices are small in front of the upper political group after all, and only by being a force and as a representative of most interests can the words of the discourses.

So joining the horse will have all the benefits but no harm to you."

Guan Qiu, who came back to his senses, nodded and said, "What Mr. Yu said makes sense."

Yu Hongtai was stunned for a moment, and then his big round face looked like a blooming sunflower, and asked with a smile: "So is Mr. Guan willing to join the Jockey Club?"

Guan Qiu smiled and said, "Why don't I want such a great thing?"

Yu Hongtai suddenly laughed, "I know."

Then the two discussed the application for joining the gang qualification. Yu Hongtai took a lot of money and said that he would leave all the matters to him to solve. Guan Qiu only needed to show the net asset certificate documents in the future. More than one billion US dollars.

This is the main reason why Yu Hongtai dared to take over the big things.

Most people want to become a member selection, so the conditions for joining the club are of course very harsh, but for a top rich man like Guan Qiu, having money is enough.

His joining the Hong Kong Jockey Club is a symbol of his identity, but for the Jockey Club, isn’t it a kind of improvement in soft power?

During this period, Guan Qiu asked about the list of members selected by the Hong Kong Jockey Club. Yu Hongtai carefully reported a list of lists, and finally said with a smile: "Speaking of this, I also spent a lot of effort to become a member selected, and an old member happened to die. I have made up for his vacancy, otherwise I would not be qualified at all."

Yu Hongtai started his business through private sales in the early days. After getting ashore, he happened to catch up with the collapse of the real estate in Xiangjiang. He saw the opportunity and made a big profit. Unfortunately, he was not brave enough and did not buy real estate in big ways.

Then after returning, he failed to follow Li Jiacheng, Zheng Yutong, Li Zhaoqi, and Liu Ruanxiong to invest in real estate in the mainland, but instead switched to finance, otherwise he would be the top rich man in Hong Kong now.

Of course, Yu Hongtai is also worth a lot of money now, with a net asset valuation of more than HK$1.5 billion.

Guan Qiu asked: "Who other people in China have become selected members besides me?"

Yu Hongtai said a few names, all of whom were very influential big names, but there was no richest man, Mr. Huang.

Guan Qiu said strangely: "Is he not qualified?"

After the serious matter was finished, Yu Hongtai seemed very relaxed, picked up the teacup and took a sip, and said, "Just him? Haha, it's not that I don't think he is inferior. This person will be in trouble sooner or later."

Guan Qiu was shocked, but he said calmly, "Oh, why do you say that?"

Guan Qiu never expected that Yu Hongtai's vision would be so vicious, and he predicted it in 2005.

Yu Hongtai looked at Guan Qiu and said with a smile: "I started out in electrical and electronics early on. I have a lot of competition in electrical and electronics business, and the price is transparent. The usual profit margin is 10%, up to 20%. I still believe you say you can make one or two million yuan; if you say you can make tens of billions of dollars in electrical and electronics business, I won't believe you even if you beat me to death!"

Guan Qiu: "So, Mr. Yu knows the details?"

To be honest, he really didn't pay much attention to Guomei. He was not very clear about the specific reason why Mr. Huang was imprisoned in his previous life. Some said that the backstage fell on the Internet, and some said that he offended some second generation. Anyway, it was a lot of rumor in private.

"Haha, everyone who plays finance, you should know more about some of the tricks in it than me."

Guan Qiu said: "I mainly do futures and I am not very clear about the rules of stocks and physical markets."

Yu Hongtai didn't know that Guan Qiu became a monk halfway, so he thought he was modest and explained with a smile.

"Actually it's just a routine. For example, opening an electrical store normally, decorating hundreds of thousands of yuan, working capital costs 3 million yuan, employee salary, etc. It's a mess. It's 4 million yuan, and it's still a small store. If it's a big store like Guomas, it won't be able to get more than 30 million yuan, right?"

Guan Qiu nodded. Indeed, it costs hundreds of thousands of yuan to open an Internet cafe now, let alone a large home appliance store like Guomas.

Yu Hongtai took a sip of tea and smiled and said, "Do you know how much it costs to open a store in Guomai?"

"Don't know."

"Almost no money."

Guan Qiu said in surprise: "Isn't it possible? Hard investments such as rent, decoration, and employee salary are always indispensable."

Seeing Guan Qiu's expression, Yu Hongtai really believed that he didn't know it and smiled and said, "There is nothing impossible. Let me calculate it for you. The payment for the electrical appliance store is big, right? But they don't want money, they are all from the manufacturer's goods, and they will pay the payment in a few months after the sale.

For example, rent and decoration are all settled after the manufacturer's admission fee, and there are also some profits.

In addition, the employees you mentioned are very small, because 90% of the salesmen in Guomai are promoters dispatched by manufacturers, and most of the daily maintenance costs are also paid by manufacturers. Guomai also charges promotional fees and cleaning fees and other messy fees.

The real place where Guomateria needs to pay may be the salary of several backbone personnel.

But how much money is that?"

Guan Qiu suddenly realized and asked, "Mr. Yu means, are they using all their money to open a chain store?"

"Mr. Guan said it well!" Yu Hongtai smiled, and a trace of disdain flashed in his eyes. "This is also the reason why Guomei keeps opening chain stores and listing in Hong Kong, because once he doesn't do this, he will be far from death."

Guan Qiu said speechlessly: "Isn't this just making a fortune by making money?"

"right!"

After pausing, Yu Hongtai narrowed his eyes and said, "To be honest, owing payments for goods, income sites, cleaning fees, etc., although unreasonable, are not illegal. Who doesn't owe money for goods in the commercial society? One is willing to fight and the other is willing to be beaten, not lending money, forcing them to buy and sell, right?

However, it is illegal to not pay back the payment for a long time. Moreover, the home appliance manufacturer has his IOU, so as long as he sues him to guarantee the lawsuit, it is not nice to say it.

So, he was forced to go to Liangshan."

After hearing Yu Hongtai's words and combined with the lessons taught by the professors in the school, Guan Qiu suddenly realized that he finally knew why Yu Hongtai said that Guomai was going to be in trouble sooner or later.

The state has regulations on the conditions for listed companies. Companies with such playing methods generally have negative net assets and are impossible to go public!

However, Guomatrix has been launched. As for the specific and dazzling listing process, the steps are not outlined, but the core is just two words, line h...

But if the country doesn’t check such a big handle, it’s fine if it doesn’t check it, every check is accurate.

It depends on when Mr. Huang's magical power can be used.

...

Guan Qiu sighed: "It's better to listen to your words than to read ten years!"

Yu Hongtai was very happy, "Haha, I am really ashamed to show off my ugly face in front of a real person like Mr. Guan!"

After pausing, Yu Hongtai asked tentatively: "Now the international copper price is still high. I wonder if the valence is always bullish or bearish?"
Chapter completed!