Dominate the world from signing in

As a well-known financial company in China, although Shengxin Capital is not as scary as Sequoia and Hillhouse, it still owns a 36-story headquarters building in Dongpu, Donghai.

at this time.

In the large conference hall on the 23rd floor of Shengxin Donghai Headquarters, elites from various branches gathered together, about 50 people.

Deng He and Zhou Junchu were among them.

"Unexpectedly, Zhang is always younger than he looks in the photo."

Looking at the man presiding over the meeting, like most of the people present, Zhou Jun had undisguised yearning and admiration in his eyes.

Zhang Yanqing.

CEO of Shengxin Capital.

Only thirty-eight years old this year.

Confident and refined, the strong charm of a mature man exudes all over his body.

The left ring finger was wearing a conspicuous diamond ring, but this did not affect the light projected in the eyes of some female staff on the scene looking at him.

Women's feelings are always born of looking up.

A man like him is indeed a fatal attraction to women.

"Everyone can come here, the representatives are excellent talents from various branches, and they must be quite familiar with the business part."

Zhang Yanqing smiled and said like a spring breeze: "Today, we will not talk about other things. I want to ask you a question. What is your biggest gain when you enter Shengxin Capital?"

The voice falls, everyone, you look at me and I look at you.

People who can mix in the financial industry will not have a low IQ, and they are naturally the best among smart people if they can break through the siege and come here.

Everyone understands that if they can make an impression in front of Mr. Zhang, it will definitely be of great help to their career prospects.

"The biggest gain I have brought to me by entering Shengxin Capital is that I will never be deceived in matters related to money in my entire life."

A female staff member mustered up the courage to stand up and speak first.

According to the self-introduction just now, she is from the Northeast Harbin branch.

The whole room burst into laughter.

of course.

It's all kind laughs.

"Your name is Cai Juan, right?"

Zhang Yanqing looked at her with a smile.

Seeing the CEO remembering herself, Cai Juan was extremely excited, her face flushed, and she nodded vigorously.

"Yes, Mr. Zhang, I did not have a background in finance, but I have really learned a lot when I joined the company for three years. Studying finance may not make us richer, but it allows us to avoid being deceived as much as possible."

Zhang Yanqing nodded and motioned for her to sit down.

"Cai Juan is right. Basically, college finance classes will take what she said as the first lesson."

There are more than fifty people present. Everyone has just introduced themselves, but he can remember Cai Juan’s name. Just such a detail has virtually drawn the distance between his CEO and these ordinary employees. More affinity in the hearts of these employees.

This is leadership.

"Does anyone else want to say something?"

Zhou Junchu finally couldn't help himself, who was ready to move, and stood up after him.

"Hello, Mr. Zhang, I am Zhou Junchu from the Rongcheng branch."

Zhang Yanqing nodded and motioned for him to speak.

Zhou Junchu, who had been preparing for the day in the hotel, took a deep breath.

"After entering the company. There are three things I learned or felt the most."

He said unhurriedly: "First, capital is profit-seeking, and where there is a price difference, there must be arbitrage. Second, capital needs to tell stories, and business models need market verification. Third, the economy is cyclical, and the industry also has Periodic."

Zhang Yanqing showed interest in her eyes.

Upon seeing this, Zhou Junchu seemed to be encouraged, and his voice became more calm and powerful.

"I am different from my colleague Cai Juan just now. I came from an undergraduate financial department. After graduating from a graduate school, I joined the Rongcheng branch and worked as an investment analyst. It has been two years now. I understand what the professors said when I was studying: Capital is profit-seeking. When I switched from the perspective of ordinary people to the perspective of investors, I saw two different worlds."

Everyone started to become attentive.

"Take education and commercial real estate as examples. I have come into contact with many listed educational companies, that is, open schools, an ordinary person or a parent. Of course, they hope that the lower the tuition fee, the lower the student-teacher ratio, the better. But From the perspective of school organizers and investors, we hope that they can increase tuition fees at a higher level than their peers every year. We are concerned about how many places the school can increase each year and how many dormitories can be expanded each year. How much land can be bought in two or three years, and how many schools can be built to make a valuation model for the company. It looks at both endogenous growth and extended potential."

"For commercial real estate, we pay attention to the rental level and occupancy rate of operators. Some time ago I participated in a listed real estate trust performance meeting. Investors are most concerned about how much the company's office buildings can increase in rent this year. The management is right. The investors sitting below said that their office buildings in a certain tier city are already the highest in the city, and they will continue to optimize the structure of merchants, and the rent level will continue to rise. From the perspective of merchants, they certainly hope that the lower the rent, the better. But from the perspective of capitalists, they would prefer to see an increase in company rents and an increase in company performance."

"From this perspective, capitalists and ordinary people are always opposed. Capital is profit-seeking, bloody, and does not have any affection."

"Capital needs to tell stories, and business models need market verification. This is feasible for non-listed companies, and it is also feasible for listed companies. In the primary market, we take shared bicycles as an example. Shared bicycles first appeared on campus in 14 years. It is a bicycle for students to share and use. It was gradually introduced to the market, and it has been popular in the entire capital market in 16 years."

"The story that entrepreneurs told investors at that time was: bike sharing is the best tool to solve the last mile, and there is still a huge domestic market to explore. At that time, entrepreneurs told stories to capitalists. Early venture capital such as Sands Cast, IDG, Sequoia... After they entered, they continued to tell stories about shared bicycles to understand the set, and they made the whole story (bubble) bigger and bigger. In 18 years when shared bicycles closed down one after another, the first-tier cities restricted shared bicycle In terms of quantity, shared bicycles have gradually gone from the altar. From the popular trend to the wanton piling of waste."

"Shared bicycles became the biggest bubble in the capital market in 2018. Looking back at the entire development of shared bicycles, it is not difficult to find that at the beginning of the story, the entrepreneurs packaged the story and told investors to listen. After the game is over, don't worry about whether the final business model will work or not. Everyone has a good understanding of the pie painting."

Zhou Junchu was eloquent and talkative.

Zhang Yanqing looked at him with interest in her eyes growing stronger.