Digital Kingdom

On July 13, Golden Dragon Loan announced the first half of the financial report data. The total revenue was 1.733 billion yuan and the net profit was 1.149 billion, which was 392% and 150% higher than the indicators of the same period last year.

When the news came out, public opinion was in an uproar.

Numerous online loan companies were stunned, and industry stakeholders were in despair.

The half-year net profit is 1.149 billion yuan. What is this concept?

The Interim Report (CITIC Securities Research Department) shows that in the first half of this year, the net profit of six listed banks including Wuxi Rural Commercial Bank did not exceed 1 billion yuan, and their net profit indicators were strongly crushed by the King Long Network Technology Company.

If you compare public funds that rely on management fees to survive, the difference is even more striking.

Among the 116 fund companies, only Tianhong, ICBC Credit Suisse, E Fund, and Harvest, whose management fees exceeded 1 billion yuan in the first half of the year.

This means that Golden Dragon's net profit in the first half of the year is far behind the management fees of 112 fund companies.

In the ten trillion public offering industry, 96% of companies do not make much money without P2P, which is incredible and incomprehensible.

As the No. 1 P2P company in China, Golden Dragon Credit expects that its annual net profit will exceed 2.5 billion yuan, a strong rise.

The bank exclaimed, and the public offering trembled.

Before money, no one thought it was dirty. The "Internet loan shark" industry had a positive image because of its profitability.

Jinlongdai's financial report has poured boiling oil on the online lending industry in full swing.

Looking back in 2013, Jinlongdai had only 196 million yuan in net revenue and 72.14 million yuan in profit.

By 2014, Jinlongdai's net revenue soared to 1.216 billion yuan, achieving a net profit of 501.5 million yuan.

This year, Jinlongdai only took half a year to gain 1.735 billion yuan in net revenue and 1.149 billion yuan in net profit.

After three years of great leap forward, the profit indicators are amazing.

Not to mention, Golden Dragon Dairy holds a cloud risk control platform, vaguely holding the position of the industry leader, and its PE ratio is several times higher than that of ordinary online loan companies.

As of the end of June, more than 80% of online loan companies, more than 1,600, have used the cloud risk control service provided by King Long. This alone has earned King Long more than 300 million yuan in net profit.

The cloud risk control platform relies on tens of millions of online users and more than 20 billion industry data to create a risk control system that is the best in the present.

Except for some industry hooligans and industry leaders, some far-sighted online loan companies have given up on developing their own risk control technology.

After all, Golden Dragon's service is of high quality and low price, and the price-performance ratio is much higher than that of independent research and development.

Stimulated by this news, Jewelry Loan announced that it had obtained a B round of US$300 million in financing, breaking the industry's highest financing standards in one fell swoop and becoming the top ten online loan companies.

Fan Qiyun, CEO of Jewelry Loan, is in the limelight and is faintly a young business leader born in the 1980s.

Regarding this financing, Yang Xiaolong, partner of Ark Wealth, said in an interview with the media, "Understand and agree with the online operation model of jewelry loans, and in the next step, we will conduct in-depth cooperation with jewelry loans and develop complementary resources in many aspects...".

Zhao Ziming looked at Yang Xiaolong's interview report, smiled, and turned off the TV.

This twenty-five boy, let him be proud for a few days, and don't kneel down and beg for mercy.

Although Zhao Ziming entrusted Loyal3 to do the listing plan, he has not broken contact with Yang Xiaolong, and has been making false claims.

Just now, Yang Xiaolong also informed him that if the United States wants 25 shares, it is impossible to lower it.

If you don't have a back player, you will inevitably suffer a loss.

"What did Su Ziwei say over there?" Zhao Ziming asked after taking a sip of tea.

"He said Yang Xiaolong has agreed to buy shares and is raising funds. He will sign an agreement in a few days," Wang Tianbao replied.

"Speaking of it, it's cheaper for him," Zhao Ziming nodded, "PrecisionPlanting is a good company. If it weren't for the company, I wouldn't let it go. After all, big data is our strength."

If you want to kick Yang Xiaolong out, you can only take advantage of the major shareholder. The first step is to increase your holdings. If Yang Xiaolong no longer sells Yao Mozi, he can stop there.

If you want to fight to the end, you have to do it again.

Wang Tianbao responded with a smile.

Whether it was Su Ziwei or the jewelry loan, he matched it. Su Ziwei has the handle and is responsive. Fan Qiyun is very talented, and with a hint, he did better than expected.

Vice President Wang did not use much effort to get things done properly.

First cut off Yang Xiaolong's cash flow, and then see how he responds.

"As soon as Su Ziwei's funds are in place, he will have a showdown with Yang Xiaolong. If we accept our terms, everyone will get together and get together. If it doesn't work, we will use their own means",

Zhao Ziming said,

Get rid of unnecessary emotions, no matter whether Yang Xiaolong is good or bad, strength speaks in front of interests.

"Okay, let me urge Su Ziwei again," Wang Tianbao replied.

"Start and end well, do well, hope Yang Xiaolong will not struggle meaninglessly", Zhao Ziming's mouth bends.

Wang Tianbao didn't speak, he didn't dare to say anything more about this issue, lest he be misunderstood by the leader.

You must know that he is also a shareholder of the company, although there are not many shares, he also has a class position.

"Yesterday, I saw a story, which is very interesting." Zhao Ziming returned to his senses, rubbing the suet jade in his hand, and started a new sermon.

Wang Tianbao listened respectfully.

"In other words, in the ascending elevator, some people are constantly walking, some are motionless, and some are shaking from side to side. When the elevator reaches a high floor, everyone thinks that it is their own efforts that made the elevator rise.

Zhao Ziming seems to be meaningful, but also seems to say casually.

Wang Tianbao was distressed, and he didn't know what the leadership meant.

Although the story sounded simple, he did not dare to simply think about whether it was to satirize Yang Xiaolong or to warn him, perhaps simply to ease the atmosphere.

Everyone’s efforts are useless?Is it just taking the elevator that just went up?

"For a CEO, the most important ability is attribution ability. The reason is the same. What has played a role in the development of Golden Dragon Loan from 8 million to today?

Value engineers?Value the product?Create a positive company culture?"

Zhao Ziming smiled.

"None of these are decisive. What really makes King Long develop so fast is the general trend. It is the economy, finance, and politics, not our efforts. Therefore, we must have a clear understanding of ourselves and the times will create heroes."

Wang Tianbao seemed to understand, he was puzzled, and he dared not say anything.

If it weren’t for the boss’s foresight, the employees’ hard work, and the thousands of online loan companies in the market, why only King Long had achieved such a success?

According to a third-party valuation, King Long has exceeded 40 billion yuan, a veritable industry hegemon.

However, what the leader said is what Wang Tianbao is not disgusted with the boss's soul chicken soup.

Although the boss is not as direct and close as before, his bold and generous personality has not changed. Wang Tianbao got a promise early that every employee will be rewarded as the company goes public.