On the morning of the third day, Zhao Yi held a joint meeting with his domestic financial companies, including Minsheng Bank, Ping An Insurance, Jinghe Investment Company, Tianhe Investment, Siyuan Investment, etc.
Zhao Yi did not invite these financial companies to participate in the previous annual meetings, resulting in some financial companies not knowing how many industries their boss owned.
For example, Minsheng Bank and Ping An Insurance Company have a lot of cooperation with Zhao Yi's companies, so they understand some situations. Although they are not specific, they are not blind.
But other venture capital companies are different. Before they came here, they knew nothing about their boss's industry. Especially investment companies that had very little capital invested by Zhao Yi, they may think that their boss is just a small rich man.
This time I came to attend the annual meeting. As soon as I entered, I was shocked by the scale of the residences here. Being able to own such a large residential space is definitely not something that a small wealthy person can do. Moreover, this place used to be a park.
Later, when they saw the presidents of giant conglomerates that were well-known at home and abroad one after another, they were even more shocked and couldn't describe it in words.
You know, the presidents of these investment companies have undoubted abilities and rich experiences. Many of them even have some experience in Wall Street.
But compared with these giant conglomerates, even the financial groups on Wall Street pale in comparison. Many of the conglomerates here can be called large consortiums.
Although few of them are involved in financial business, the revenue scale and profits of their physical businesses are even more profitable than those of finance, and some are even huge profits.
Although it is easy for financial companies to make money, the risks are actually very high, and they also rely on physical companies to make money. However, the situation in our country is that the real companies that make money will not be listed at all, and they do not even need to raise funds.
Regarding this point, the president of Minsheng Bank feels most deeply that the scale of funds deposited by these companies into their bank accounts is very large, even higher than that of all small savings user accounts.
So when they sat in front of Zhao Yi again, their performance was not as natural as before. Anyone who saw the boss's monstrous strength would behave like this.
Among them, the leaders of Minsheng Bank and Ping An Insurance Company performed best. After all, their own business scale is not small now, and their mentality is relatively calm.
As for those investment companies, Zhao Yi's capital injection will not be very large, because there are not that many private companies that need their venture capital. The largest among them is Jinghe Investment Company. After all, they have participated in some state-owned enterprise investments, and their scale is relatively small. bigger.
Like several other investment companies, the 100 million yuan invested by Zhao Yi has not yet been fully invested. First, venture capital investment needs to be cautious, and one does not invest in everything. Second, no investment project suitable for large-scale investment has been found. .
Zhao glanced at their expressions and said with a smile: "You are all here for the first time to attend the annual meeting, and you have also seen the status of my industry. I usually do not participate in specific management and operations. In that case, I will not be able to focus on everything." ”
After everyone heard this, they didn't know if the boss was pretending to be a slap in the face, or if he wanted to tell them that he didn't even have time to take care of such a large industry, so naturally he didn't care much about their small industries.
If it's the latter, then they really don't pay much attention to it, because the boss only cared about it a few times when their company was first established. The rest is that they can't see anyone all year round, and they only contact them by phone and email when something happens.
“The reason why I asked you to come together this time is mainly to integrate my financial industry so that we can cooperate more effectively in the future and obtain greater development opportunities.
For example, Shenlong Automobile Company is about to start large-scale promotion of low-priced electric vehicles in China, which will definitely involve car loans and car insurance business. This is very suitable for Minsheng Bank and Ping An Insurance Company to participate.
Another example is that for large-scale domestic investment projects, a single investment company may not be strong enough, or the project owner does not want one investment company to dominate and occupy too large a share, so he can implement joint investments with other brother companies to reduce resistance.
The above are just examples. Your previous cooperation space may be much larger than the above example. This requires you financial elites to use your talents. " Zhao Yi said.
Zhao Yi feels that his financial industry is too fragmented. In the past, it was all going its own way, making it difficult to form synergy. As the complexity of future economic development increases, financial cooperation will become more frequent, instead of the single-line operation now.
Sure enough, when the heads of these financial companies heard that they were going to be integrated, their eyes lit up, especially Song Yi of Minsheng Bank and Liu Xinyu of Ping An Insurance Company. They were the two most powerful candidates to compete for the position of president of this group company.
As for the remaining heads of investment companies, although they also have this desire, they know that they are not strong enough, and the talents they have shown so far are not enough to give them the confidence to compete for this vital position.
Compared with Liu Xinyu, Song Yi's disadvantage is that Minsheng Bank was previously a joint-stock bank, so letting him compete as the president of Minsheng Bank will make Zhao Yi have some concerns.
Ping An Insurance Company is different. It is 100% controlled by Zhao Yi. At the same time, its development achievements over the years are obvious to all. Cooperating with Chinese medical companies to promote critical illness insurance has become an important insurance project under their umbrella.
Moreover, they also cooperated with Tianji Dairy Company to enable Tianji Dairy Company's high-end dairy products to surge in sales abroad, achieving the goal set by Zhao Yi for Tianji Dairy Company.
Song Yi's advantage is that he has a relatively stable personality and has demonstrated his management ability. In the past few years, Minsheng Bank has expanded very quickly, but there has been no management chaos. This is all Song Yi's achievement.
The advantage of Liu Xinyu is that they have pioneering thinking and can grasp market demand in a timely manner. Otherwise, they would not know that foreign customers have strong demand for critical illness insurance.
Moreover, the cooperation with Tianji Dairy Company actually does not have a particularly obvious effect on doubling their own business, but for Tianji Dairy Company, the benefits are very obvious, which shows Liu Xinyu's win-win cooperation idea.
And in terms of their future industrial potential, my country's major banks in the previous life were very powerful, both in terms of scale and profitability, which are obvious to all.
But in this life, it may not be as exaggerated as in the previous life, because their rapid expansion in the previous life relied heavily on the development of the real estate loan business, which allowed them to expand rapidly.
Nowadays, with the participation of China Housing Corporation in urbanization and the construction of a large number of low-rent houses, the future real estate pattern will inevitably be hugely different from the previous life, and the number of people with strong demand for housing will decrease sharply.
For the vast majority of working-class people, renting a house from a Chinese housing company is the most cost-effective. On the other hand, the investment income from buying your own property will not be very large.
Because the price of self-owned real estate will definitely be very high in the future, but the return on investment may not be very high, because there are not so many stupid leeks on the pole for you to harvest, and the house has completely returned to the residential attribute, rather than the financial investment attribute.
Only those with very high assets will consider buying self-occupied real estate, while the vast majority of people choose to rent. They are under much less pressure, and they don’t have to worry about being insecure in all aspects, since their rights and interests are the same anyway.
Opposite to the banking industry is the insurance industry. In Zhao Yi's view, the development of the insurance industry in our country may be much better in this life than in previous lives, such as the housing insurance mentioned before.
Moreover, the current scale of medical insurance and pension insurance is much larger than in previous generations. While our country now focuses on economic development, it also pays special attention to social stability, and the insurance industry itself plays the role of a stabilizer.
Therefore, Zhao alone is inclined to let Liu Xinyu serve as the president of the new group, while Song Yi, as the president of Minsheng Bank, serves as the vice president of the group, and the positions of the heads of several other investment companies remain unchanged.
The main consideration is the future changes in the financial field. With the rapid development of the Internet, financial operations are very different from traditional financial models, and certain innovative thinking is required to adapt to the needs of the development of the times.
Of course, there is still a huge difference between the nature of financial companies and Internet companies, and management must be much stricter. After all, financial security is national security, and no matter how cautious you are, you cannot be too cautious.
However, while ensuring safety, it is also imperative to develop new financial businesses and expand financial boundaries. Tradition cannot always be used to fight against the development situation of the new era.
And Zhao Yi saw special characteristics in Liu Xinyu. Ping An Insurance Company not only operates national welfare insurance funds, but also puts safety as the first priority, and investment needs to be extremely cautious.
At the same time, they are also very good at developing new businesses and grasping new markets, such as international critical illness insurance.
Moreover, the launch of international critical illness insurance not only made Ping An Insurance a lot of money, but also spread their credibility and popularity around the world, and they have a very strong international presence.
One of the reasons for this merger is to hope that other financial companies can use Ping An Insurance Company's international channels to carry out international business and realize the strategy of going global.
Especially for China Minsheng Bank, after several years of rapid expansion, its domestic business has been basically stable and it only needs to develop step by step. At this time, it is very necessary to start international business.
Liu Xinyu was naturally very happy about Zhao Yi's arrangement, while Song Yi could not be said to be disappointed with his own arrangement. He had certain psychological expectations for it.
Although Minsheng Bank has developed very rapidly in recent years, more than half of the credit goes to Zhao Yi, because it was Zhao Yi who formulated the expansion plan and provided almost all solutions.
Song Yi is just a very qualified executor. Song Yi himself knows this very well. Unlike Minsheng Bank, after the establishment of Ping An Insurance Company, Zhao Yi hardly participated in their specific planning. Instead, he assigned various tasks to Leave it to them.
For example, welfare insurance funds, in fact, this task is not very good for insurance companies. Although they can charge handling fees, it is also very cautious to operate, for fear of making any mistakes.
Under such circumstances, Ping An Insurance Company has done very well with this part of value-added funds in the past year, with the overall value-added reaching 15%, which is much higher than the rate of return of other stable financial products.
The newly established financial group, named Huaxia Minsheng Financial Group, involves banking, insurance, venture capital and other businesses, and its subsidiaries have a certain degree of independence.
The main purpose of doing this is to get rid of the disease of big companies. The purpose of establishing a group company is not to strengthen the supervision of its businesses. This part of the intelligent management system has already done a good job and is much more competent than people. There is no need to tighten the curse. .
Rather, in order to further strengthen cooperation between various financial entities, the group company is equivalent to a bridge, communicating with various financial entities, strengthening cooperation and discussing business development.
Therefore, it is destined that the headquarters of this group company will not be very large. Although Liu Xinyu is the president of this group company, Ping An Insurance Company is still under his control, because the group company's usual business volume is not very large.
The business volume here is not large, which means that their actual management authority is limited and they do not need to configure so many people. They even only need to configure a management office. A dozen or so people are enough.
It is also because normal communication can be completed through intelligent management systems, which does not require manual participation. Only major cooperation matters and the distribution of common interests, etc., will allow major financial entities to gather together to discuss matters.
In the final analysis, it is a loosely organized alliance, which is very different from traditional group companies. As for whether this model will be changed in the future, it depends on the specific situation. At least for now, this method is more appropriate.
Later, Zhao Yi asked everyone at the scene to pay attention to the application of the Internet, change the traditional business model, adapt to the development needs of the Internet era, strengthen service quality, and provide high-speed and convenient services.
At the same time, in response to the rapid development of the insurance industry, Zhao Yi asked Ping An Insurance to strengthen the insurance types that people urgently need, and use their energy to promote this core insurance type, instead of formulating a large number of insurance types that are of little use and are relatively deceptive. .
The formulation and launch of insurance products must pay close attention to the core needs of the people and effectively solve the pain points for the people, rather than just a financial income product. This goes against the original intention of the insurance industry.
Zhao Yi even said at the scene: "Actually, I am not particularly interested in your revenue, but I am very concerned about the existence of your enterprise and whether it is beneficial to the development of the national economy and people's lives. This is the fundamental value of your enterprise's existence." .
I believe that as long as you follow this guideline, even if your short-term development is not as good as those financial companies with crooked intentions, in the long run, you will eventually win.
Because business operations are not a short-term track, but a marathon race. Only by targeting the pain points of social development and solving worries can we move forward steadily and far. "
Zhao Yi then asked them about the application of artificial intelligence and big data, especially the previously mentioned artificial intelligence securities investment projects and the collection of data.
According to their feedback, it is still under construction and has not yet reached the level of usability. As for the collection of financial data over the years, the progress is quite fast. Naturally, a lot of money has been spent.
After listening to their reports, Zhao Yi thought for a moment and said, "In this way, you will give me the collected data, and I will develop an artificial intelligence investment system for you, which will serve as a core reference for your future investments."
After hearing Zhao Yi's words, several financial company leaders looked suspicious. They had no idea about their boss's R&D capabilities, so they found this sentence a bit abrupt.
This expression only lasted for a moment, and then I thought about it. There are a lot of technology companies owned by the boss. Being able to build such a huge high-tech industry is not just a problem that can be solved by capital.
Especially in China, the previous technical strength was much worse than abroad. However, several companies owned by the boss have still achieved the world's top level under such circumstances. There may be reasons that they don't know.
After Zhao Yi saw their expressions, he did not explain. Anyway, after collecting the data, he would let his junior artificial intelligence learn.
Then start a period of practice operations, adjust the data model, and finally reach the ideal state, and then provide it to its financial companies in the form of back-end services.
In other words, these financial companies will only be given the right to use the front-end. As for the back-end program, it is impossible to give them the right to use it, because the back-end is a rudimentary artificial intelligence and will not be easily exposed to others.
With the participation of primary artificial intelligence and the increasing popularity of the Internet, to be honest, the success rate of investment will skyrocket and it will be almost difficult to encounter failure.
Because primary artificial intelligence not only learns financial knowledge and builds financial investment models, but also collects Internet information all over the world, the whole world is almost transparent to it.
Even if junior artificial intelligence does not obtain data through intrusion in the future, the data of its Internet companies will still be highly referenced.
Such an investment management system will greatly help the development of its companies, so what he said before that he doesn't particularly care about their profits is not unreasonable.
Zhao Yi then had a meeting with Tan Delin, the head of Tianshu Machinery Company. During the meeting, Tan Delin reported to Zhao Yi the company's operations in the past year.
Due to the acceleration of urbanization, Tianshu Machinery Company's operating income has achieved substantial growth. Zhao had expected this early, so it was not a surprise.
The next 10 to 20 years will be a period of great development for my country's construction machinery industry. Even if Zhao Yi speeds up the urbanization process, it will still take 10 to 20 years to completely create the domestic urbanization pattern in his mind. year time.
Zhao Yiyi doesn't have many requirements for Tianshu Machinery Company for the time being, because even if there are requirements, they can't allocate too much energy to manage it at present, because if they want to catch up with this construction trend, they must work hard to expand production capacity. .
Even Zhao Yilian only briefly understood the situation of the seabed mining equipment he had given to Tianshu Machinery Company to develop. Fortunately, Tianshu Machinery Company has been following up, and the progress is neither slow nor fast.
Anyway, they have developed all the common mechanical equipment. The core mechanical equipment is still being researched. As for the quantum communication technology used in undersea communication, it is still being explored with difficulty.
Later, Zhao Yi held a meeting with Du Jiachun, the person in charge of Tianwen Book Club. Zhao Yi was quite satisfied with the current work of Tianwen Book Club, but it was difficult to find out their problems.
Coupled with the application of primary artificial intelligence in the publishing industry, Tianwen Publishing House's publishing scale is growing larger and larger, and it has become a veritable domestic giant.
Now Tianwen Publishing House is no longer satisfied with the fields of mass publishing and scientific and cultural publishing, and has begun to prepare for professional management of the publishing field and continue to extend its business territory.
Zhao Yi had no objection to this, but Zhao Yi asked Du Jiachun to strengthen the construction of Internet channels, build a large number of websites that are as professional as traditional publishing channels, and provide relevant books and professional consulting information services.
At the same time, Zhao Yi asked Tianwen Bookstore to cooperate with Polaris Company to develop an electronic product dedicated to book reading. He even explained the unnecessary features of this dedicated electronic product on the spot.
Electronic reading will definitely become the future development trend of reading. This is not just popular reading, but the trend of electronic reading of professional knowledge is also inevitable.
In this regard, Tianwen Publishing House has a huge advantage. It has a large amount of traditional publishing resources and countless network resources. It is very suitable to develop a specialized e-reader.
At the same time, Zhao Yi also asked Tianwen Bookstore to add a wish function to the e-reader, which means readers submit a list of books they want to read, and Tianwen Bookstore provides targeted reading content customization based on the number of wish submissions on the list.
In fact, such a function will not consume too many resources of Tianwen Publishing House, because this can be completed by junior artificial intelligence, which will also become Tianwen Publishing House's unique advantage.
As long as it does not violate local laws and regulations, this customized service artificial intelligence will meet the needs of readers in minutes. Perhaps customized content will become the largest source of revenue for e-readers in the future.
Moreover, after providing content according to the needs of customized readers, customized readers can rate or provide comments after reading. If the evaluation is high, it can also be promoted to the public.
If the public promotion performance is also very good, then you can enter the offline publishing stage. In this case, it will be a new development model of the content industry. The content launched will be more able to win the favor of readers and get rid of the dilemma of working behind closed doors.
This is similar to the previous network development model, but it contains a wider range of content, provides more professional content, and has more precise customized needs. It is much more advanced than the previous network model.
However, if you want to realize this model, artificial intelligence must be involved. If human power is used to meet customized needs, both the cycle and the number of lists to be implemented will be much smaller, which is simply not feasible.
When Du Jiachun heard the development ideas he provided, his eyes suddenly lit up. He seemed to see Tianwen Publishing House controlling the global e-reading content market. If this model developed well, there would be no chance for any other publisher.
Because by then readers will no longer passively accept other people’s content, but can selectively read content that interests them. The previous set of publishing rules will be completely outdated and will definitely be crushed by this new model. Scum.
In addition to artificial intelligence providing customized content, you can also invite text content creators around the world to join in and prosper the market together. However, it must be reviewed, and half-baked skills are not enough.
In this way, artificial intelligence is relied on to attract a large number of readers to this e-reading platform in the early stage. In the later stage, the huge number of readers will be used to attract a large number of creators to join.
By then, other publishing houses will have no readers, no creators, and the market will shrink, because human energy is limited, both for readers and creators.
As long as they spend more time and energy on Astronomical Publishing House's electronic content platform, it will inevitably reduce the time and energy they spend on other publishers' books, which will naturally reduce the consumption of their publications.
At the same time, Zhao Yi also asked Tianwen Bookstore to cooperate with the e-commerce platform of Shangtong Trading Company to sell their books on the e-commerce platform, and the prices can be slightly more favorable than those in physical bookstores.
The reason for this special instruction is mainly because I am afraid that Tianwen Publishing House will not pay attention to the e-commerce platform even though it has a huge offline library, thereby missing some opportunities.
Of course, such cooperation will be more beneficial to Shangtong Trading Company's e-commerce platform, because it is the safest way to sell book products on e-commerce platforms in the early stage. Consumers who try online shopping for the first time will also choose books.
Because the possibility of counterfeit goods in books is too low, even if they are counterfeit goods, it will not affect readers’ reading. However, consumers will worry about other daily necessities or electronic products.
Only after consumers have made more online purchases and understood the entire shopping process and claims protection, will they slowly let down their guard and start to choose to purchase other products online.
The meeting has basically ended at this level. What is left now are the Hong Kong industries managed by Lin Hexia. As for the overseas industries managed by Sunflower Investment Company, Zhao Yi is actually involved less and less now.
Because the scale of Sunflower Investment Company is already very large, it can no longer be hidden if you want to. It has become a veritable international financial investment giant and one of the objects of attention in various countries.
At this time, if Zhao Yizai has close contact with Peter, it will be very easy for others to detect it. Now he can not contact him without contact, and he no longer provides data analysis guidance to this company, just let them develop freely.
Therefore, in the past few years, Sunflower Investment Company has continued to reduce the frequency of investment in the stock market and began to adopt medium and long-term investment methods to avoid risks. At the same time, it increased the scale of physical investment to obtain stable investment returns.
Since the gains in the global stock market, foreign exchange market and futures market are not as exaggerated as before, their sources of funds have been reduced. At the same time, due to large-scale investment in the real estate market, the scale of available funds on their hands is not as large as before.
However, Peter's reputation is much greater than before. Now he is the target of attention from the media and governments everywhere. Seeing this situation, Zhao Yi is also worried that Peter will have an inflated mentality and will get out of his control.
But for now, there is no such sign, because Peter behaved normally during Zhao Yi's several tests, and the opinions given by Zhou Ling were trustworthy, which made Zhao Yi feel relieved.
Zhao Yi even wondered if Zhou Ling had done something in the process. According to common sense, if he has a huge amount of wealth in his hands, and the boss cannot directly interfere for various reasons, there will definitely be dissent.
It's just that Zhao Yi himself didn't understand why Zhou Ling chose him, so as to avoid alerting the enemy, he could only keep this idea in his heart without saying it out loud. At least for now, Zhou Ling's existence is beneficial to him and the country.
Since domestic development currently does not require the support of Sunflower Investment Company, Zhao Yi is now just letting them serve as a secret chess piece for him abroad. It may be miraculous to use it when needed.
Subsequently, Zhao Yi and Lin Hexia started the meeting, but Lin Hexia had briefly talked about the industrial development in Hong Kong and Macau before, so the content of this meeting was much simpler.
What Zhao Yi is concerned about this time is how Hong Kong citizens evaluate the Hong Kong Housing Corporation, because the purpose of the establishment of the Hong Kong Housing Corporation is to break the pattern of real estate power in Hong Kong and allow Hong Kong residents to have a place to live.
According to Lin Hexia's description, after the opening of Hong Kong New Town, citizens who were originally located on Hong Kong Island and Kowloon Peninsula quickly moved to the new town to live and work, which greatly eased the living conditions in these two areas.
However, there are still a large number of citizens who have not been able to grab rental housing in New Town. They now strongly hope that the Hong Kong Housing Corporation will start a new construction plan because they have truly felt the benefits of expanded living space.
The result is that the current activity of second-hand housing transactions in Hong Kong has plummeted, and it is very difficult for prices to rise. Investors who drive at night can only struggle to support it now.
Zhao Yi had no sympathy for this. Speculating on real estate itself was despicable, just like hoarding food during a famine year. Although the business behavior was correct, the morality was lacking.
Now Zhao Yi's move is to use business behavior to combat their hype. Naturally, they are also responsible for their own business investment behavior, and losses are none of his business.
Given the strong demand from the public, the Hong Kong Housing Corporation will not remain secretive and immediately announced the second phase of the construction plan, which is much larger than the first phase.
The current situation is that Hong Kong investors fear and hate Hong Kong housing companies and umbrella holding companies, and are beginning to look for their own way out. Whether to continue to hold on, or to sell quickly and bid farewell to this industry completely.
Secondly, Macao's industries are developing very well. After large-scale investment, their entertainment industry and tourism industry have developed very fast and have become the pillar industries of Macao.
After the construction of the Macau Tower and related facilities is completed, Macau will be firmly established as a tourism and entertainment destination in Asia. Currently, ATV is actively cooperating with the umbrella holding company to promote Macau tourism projects to the global public.
Due to the rapid development of Macau's economy, people's income has basically doubled every year. Naturally, the reputation of Hong Kong Umbrella Holdings has increased rapidly, which has completely established their position in Macau.
Now no one comes out to accuse them of selling a large amount of land to the Hong Kong Umbrella Holdings Company. Compared with land, development is the last word, and it is real that everyone can make money.
Moreover, the large number of public rental housing built by the Macau Housing Company has also made a huge contribution to the improvement of local residents' living conditions. Although the property rights are not their own, the living environment and related supporting services make all residents feel comfortable.
Zhao Yi is quite satisfied with this. The purpose of his initial investment of huge sums of money has been achieved. Again, regardless of whether other capital is satisfied or not, as long as they get the support of the vast majority of the people, they will be invincible. land.
At present, it seems that the mass line taken by the Hong Kong Umbrella Holdings Company is successful. It has won huge support from the residents of Hong Kong and Macau and has completely solved the stubborn development problems of the two places.
Of course, if you want to follow the mass line, the prerequisite is that you must have strong strength and be able to withstand the counterattack of capital. Otherwise, you will have to stop before you can achieve results.
At this point, all the group meetings of this annual meeting have been completed. In the afternoon, Zhao Yihui held a plenary meeting, mainly to put forward overall requirements and suggestions for the leaders of his companies.
It won't be long, it's estimated to be less than two hours at most. At the same time, the plenary meeting in the afternoon can be regarded as a closing ceremony for this annual meeting. Otherwise, everyone left quietly, and it always felt like something was missing. (End of chapter)