How did I become a god

Chapter 1451: Positioning of Phoenix Fund

Chapter 1451: Positioning of Phoenix Fund

When it comes to Lujiazui’s landmark building, the first thing that comes to mind for many people is the Oriental Pearl TV Station, which is also a scene that often appears in many promotional videos.

At the same time, there are usually two landmark buildings next to the Oriental Pearl Tower: Shanghai World Financial Center and Jinmao Tower. There is also Shanghai Center Building on the same plot.

These are iconic landmarks. But there are actually many more high-rise buildings in Lujiazui. The Bank of East Asia Building is located to the east of the Shanghai World Financial Center. The Shanghai Stock Exchange is just across the street to the north.

This building was renamed after the Bank of East Asia bought it. The whole building has 50 floors, one underground floor and 49 above ground floors, with a total height of about 200 meters.

Currently, it is mainly used by Phoenix Fund, Zhongrun Company Shanghai Branch, Phoenix Bank, and Bank of East Asia. The lease has not expired yet. Located on the top floor of the building is the most luxurious apartment in Shanghai: Four Seasons Apartment.

The office of Zhongrun Company's Shanghai branch is on the 39th floor, where his office is kept. Jing Gao brought two assistant beauties and bodyguards to the office.

Zhang Li was busy with the work she had just stopped in the car. She was just dealing with Da Meiyuan's public opinion in the car. Da Meiyuan's divorce made big entertainment news! It was spreading like wildfire on the Internet, and the heat could not be suppressed. Although Yuanyuan was already 40 years old, she was the national goddess for so many years after all! She had a large number of fans.

Zhao Qinghan said she would handle it, but she had to help check it, and if necessary, she had to contact Wei Dongjun, the person in charge of Weibo.

As the landlord, Gu Xixi was busy serving tea and water.

During this interval, Jing Gao sat casually in his boss's chair and called Dong Lingxi who was far away in Paris. "Lingxi, urge the International Union of Marine Insurance (IUMI) to complete the procedures within one day and have Mingyuan Group pay the compensation."

It is nearly 11 o'clock in Shanghai, while in Paris, France it is only around 4 o'clock in the afternoon and people are still working.

Dong Lingxi smiled and said, "Boss Jing, it won't take a day. This matter should be put aside for the next procedure. I can just call Frédéric Denèfle, the president of the International Union of Marine Insurance (IUMI) right now. It will be done before the end of the working day. You wait for my good news."

"Ah."

Jing Gao hung up the phone and drank the warm tea poured by Gu Xixi. He estimated that his spending on tea this year would exceed 30 million yuan.

He had no experience in tea, but he just liked to drink it, so he bought tea at major auctions. Naturally, there were professional tea professionals to identify the authenticity and grade the tea. All he had to do was pay. And this was exactly the strength of the rich man!

Everyone should do what they are good at! After he became a super rich man, he kept learning how to spend money and how to spend money effectively.

"Xixi, call and tell Yin Jian to come up to report on his work. I'll give him half an hour. Also, listen to me later and arrange for someone to go downstairs and pick up Yao Shengming."

Gu Xixi wore a black short-sleeved T-shirt, a light blue mid-length skirt, flesh-colored stockings, and a melon-shaped face with big eyes. She looked bright and delicate. She was 1.72 meters tall and wore high heels, which made her look tall and slender.

"Okay, Brother Jing."

Gu Xixi agreed with a smile, served another cup of tea to Xiaoli, picked up her cell phone to make a call in the office, and then went out to bring Yin Jian in.

Yin Jian's mind was working at high speed as he sat in a chair outside Jing Gao's desk. "Mr. Jing, I'm sorry to disturb your rest."

Just now, his colleagues seemed to be laughing at him, but that was not the case. Although he said he had to report on his work, which forced him to follow Mr. Jing back to work overtime, you have to know that the opportunity to report on work is rare, and the opportunity to report alone with Mr. Jing is even rarer!

Overtime is nothing. If possible, he would rather work overtime like this every day. Phoenix Fund pays him a high salary!

Jing Gao leaned comfortably in the spacious and comfortable boss chair, holding a cup of warm tea, and waved his hand with a smile, "I was planning to work overtime tonight to wait for news. Tell me about your ideas for Phoenix Fund."

Gu Xixi poured a cup of tea for Yin Jian, pushed a chair and sat diagonally opposite him, listening in. This was also a kind of experience for her.

People say that her business talent is not as good as Xiaoli's, but talent is not the first priority when doing things. Personal efforts are also important. She was able to be admitted to the Materials Science major of Aurora University because she understood and practiced this principle. Otherwise, it would be rare for a beautiful girl like her with a good family background to have such good grades.

Yin Jian was a little uncomfortable with being stared at by such a beautiful assistant. He caught a glimpse of her beautiful legs in flesh-colored stockings and her slender calves from the corner of his eyes, which made his heart beat fast. Only Mr. Jing could have such a beautiful woman. For a younger brother like him, if he wanted a beautiful woman outside of his family, he would belong in the club. It would be unstable if he did anything else.

Yin Jian took a deep breath in his heart, discarded unnecessary thoughts, calmed his mind, and reported: "Mr. Jing, the current capital track tends to be high investment and high return, but the investment return cycle is not as short and fast as before. This has led to Phoenix Fund's current performance being very ugly."

He has already reported on the current venture capital tracks (new energy vehicles, artificial intelligence, driverless cars, etc.) while eating, so he will not repeat it now.

Jing Gao nodded slightly and said thoughtfully: "There is nothing wrong with Phoenix Fund's business strategy of competing for the newest and hottest track. There are three giants in the domestic new energy electric vehicle industry. Have you invested in them?"

Yin Jian said ashamedly: "Zuo Hao had invested before, and after several rounds of dilution, he currently holds less than 3% of the shares of NIO, Li Auto, and Xpeng. These three companies have already passed their initial development period, and our pursuit of investment has not been recognized."

Mr. Jing has a bad reputation in the venture capital industry! He always wants control. This is not what entrepreneurs want to see.

Jing Gao nodded, without blaming him. This is how venture capital works. You can see a good company, but you can't invest just because you want to. Because when everyone can see it, they basically have no shortage of money.

If you want to raise funds again, you basically need connections or other resources to consider accepting your financing. He wanted to invest in e-commerce and Pinduoduo, but was rejected several times. In the end, he relied on Duan Yongping's face to get 5% of Pinduoduo's shares with real money.

"Yin Jian, what is your positioning for Phoenix Fund?"

Yin Jian looked at Jing Gao in bewilderment. He had thought about this question many times, but he was not sure about speaking it out in front of his boss. "Boss Jing..."

Jing Gao didn't wait for Yin Jian's answer, and took a sip of tea and said, "My definition of Phoenix Strategy Department is to be able to obtain Internet traffic and build a moat for Phoenix Group. Any enterprise that can play this role can be invested in.

Phoenix Fund does not need to bear this responsibility. When I founded Phoenix Fund, the biggest idea was to do venture capital and catch the tail of mobile Internet. Now, the dividend of mobile Internet has expired, and the remaining track is the track of large investment. Where should Phoenix Fund go?
In my opinion, we still have to look for the answer to success in the market. Xiaomi is not the top Internet company, but it is still very successful. It must have some skills to be able to stand firm in the current Internet wave.

Xiaomi has invested in an entire industry chain to form a cluster. This is worth learning from.”

Yin Jian pondered and said, "Mr. Jing, do you mean that Phoenix Fund will help Coolpad develop its mobile phones?"

Jing Gaodao: "This is a direction that can be considered. What I mean is that Phoenix Fund should not always think about investing in large enterprises, but also consider investing in some small enterprises. The chip design field is very hot now. Will Phoenix Fund consider investing? And the lithium battery industry for new energy vehicles, will Phoenix Fund consider it?
I have recently considered doing something in agriculture. Most single agricultural products have an output value of only hundreds of millions. Will Phoenix Fund do this business? I think it is worth considering. Phoenix Fund is a venture capital, which is also a flow of funds in a sense. It wants to follow my steps and serve as a wing, which can be of great use in the future.

Many of the industries I want to enter are actually not very relevant to Phoenix Group. Phoenix Fund must take up the responsibility. I will ask the well office to send you an email later. Please refer to the general direction to support related companies and teams and strive to develop the industry. "

Tang Xuan proposed a plan to him, which was: to focus on labor-intensive industries and take root in the capital!

Assuming that the company under his command can provide a large amount of vegetables or other agricultural products, as long as the company is slightly unstable, it will immediately reflect on people's livelihood issues, and the income of tens of thousands or hundreds of thousands of farmers will be affected, and the higher-ups will be able to sense it immediately.

Then, those people under Master Yu would not dare to mess with him. This is exactly the effect that is difficult to achieve by running labor-intensive factories at present, because there are so many factories in the country, and they can be easily replaced. On the contrary, the primary industry is a new track!

He is determined to move up the agricultural industry chain.

Yin Jian agreed thoughtfully, "Mr. Jing, I will think about it carefully."

Jing Gao nodded, and an employee from Gu Xixi's assistant team reported, "Assistant Gu, President Yao is here."

Gu Xixi said: "Bring him up."

You can't get to the elevator on the floor where Jinggao's office is located without swiping the special card.

(End of this chapter)

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