Chapter 671 - 284: Putting on Airs_3
Li Yang is definitely a standout in this field, he understands the internet so well.
As the New Year approaches, Li Yang has nothing much to do, so he was pestered by Jiang Banxia to write some substantial content.
Unknowingly, the manuscript ended up being over twenty thousand words.
Jiang Banxia felt she couldn’t finish reading it, so she directly got someone from the company to make a few long videos from it.
It cost quite a bit of time.
Actually, after watching, she even felt she could go find a field to become an online celebrity.
But the main job is still better, at least one that makes money.
Being an online celebrity doesn’t earn enough to support her husband.
This year, Wanliu Capital is doing pretty well, now excluding that QDII fund, the scale has already exceeded 400 billion, heading towards 450 billion.
In half a year, the overall floating gains were over twenty points, net asset value increased by thirty points.
Last year’s annual report has already been sorted out by the company, earning the most in the second quarter, quite a lot too in the third and fourth quarters, not much in the first quarter, just the management fee from that QDII fund.
In the second quarter, it happened to clear the account, and suddenly all the profit belonged to the company’s account.
The third and fourth quarters were supported by the four funds she managed and the management fee from the QDII fund Li Yang was responsible for.
The four funds she handled, even calculating on an average scale of 400 billion, the annual management fee, handling fee, and purchase fee are around 10 billion, with average quarterly revenue of over 2 billion.
The QDII fund Li Yang was responsible for is even more terrifying, not sure if it’s due to quantification, but in just nine months, the net asset value has doubled.
That is a 30 billion US Dollar scale, which is not a small sum.
Even though the US Stocks have a vast scale, converted, it’s equivalent to putting over 40 billion in A stocks, not a very large sum.
But achieving such returns is still quite extraordinary.
Jiang Banxia has looked at the data from over there, mainly from August last year to February this year, NVIDIA has soared by 125%, last year because NVIDIA’s stock price was halved, so from the yearly perspective, NVIDIA didn’t rise much last year. But Wanliu Capital’s entry was at the lowest point of NVIDIA.
Just NVIDIA alone increased the floating gains of this fund by 2 billion US Dollars.
Jiang Banxia is still a bit afraid, afraid the fund earns too much.
The money earned now, 90% belongs to them, counting as Li Yang’s profit. After all, the external fund scale was only 4 billion US Dollars back then.
With various management fees, they only have 10% left now.
90% of the profit is 27 billion US Dollars.
She talked to Jiang Baichuan over the phone these two days, knowing what Li Yang told Jiang Baichuan recently.
Facts proved, Li Yang wasn’t just talking nonsense.
If he wants to do private equity, all the money earned would be his, no need to share it with others.
Not just the money earned from foreign markets, but also from the domestic market.
Li Yang can even manage the quantitative program of US Stocks, doing A stocks isn’t very hard.
It’s just that Li Yang doesn’t want to draw too aggressively on A stocks, avoiding draining A stocks’ liquidity.
Only Jiang Banxia knows how much money Li Yang should have earned.
If he doesn’t invest in so many money-losing businesses, he would have at least 500 billion cash in hand now.
The treasury might not even have as much as he does.
Li Yang went out once, and when he returned, he was carrying a bunch of stuff.
"Why buy so many snacks? We have enough at home."
Jiang Banxia went to help, but Li Yang didn’t let her.
"These are all welfare benefits given by the company to employees. I’m also considered an employee, so it’s normal to have a share. Besides, they are all products of our own brand, I should at least try to see how they taste."
"Then let me have a taste too."
"It’s specifically brought back to satisfy your cravings, feel free to eat, I personally checked all the processing production sites, absolutely no problem."
Li Yang, although not an expert, has at least seen the processing procedure and given clear instructions.
Green Water Group has expanded to over sixty food processing production sites in the nearby county towns, hiring more than four thousand people from nearby county towns, with a starting monthly salary of six thousand.
A bunch of cameras in the workshop, anyone not operating according to regulations risks getting fired the next day.
Losing money is certain, over sixty production sites, annual output value is 500-600 million, indirectly boosting the income security of tens of thousands of people downstream, even if sold at a loss, just selling for 400 million a year, there are still billions of products left as inventory.
They can only distribute to employees during festivals and holidays.
Whether it’s Extreme Shadow Cars, Mouyu, or Kuai Pai, all have to enter and procure.
Doesn’t cost much, just preventing those products from wasting.
This is just Green Water Group, Jiangbei’s Fuguang Group is even bigger, just in self-operated food processing, he and Jiang Banxia lose around 400 million annually.
Even though four Green Water Heaven and Earth plazas have been built, still can’t digest it.
Even with all nine plazas built, the consumption power of nearby county towns might not suffice.
Jiang Banxia ate happily, especially the spicy boneless chicken feet.
Li Yang asked, "Do you know your Fuguang Group is making losses now? Just your bite is equivalent to making Fuguang Group lose ten million."
Jiang Banxia nonchalantly said, "No worries, employment numbers have increased, wages and salaries adjusted, and the stuff is delicious enough, that’s what matters."
"Hey, I’m just putting gold on your face, you took it seriously?" Li Yang couldn’t help but tease Jiang Banxia.
"Oh dear, hubby, what are you saying? My effect may be small, but what’s yours is also mine. Besides, you are my husband, putting gold on my face, what’s wrong with that? But pay attention, don’t get it in my eyes. My eyes are quite sensitive, something feels like it’s in them, can’t wash it out. Even my eye drops won’t go in..."