Rebirth: Rising from the Far East

South Korea is better, but if you want the other party to invest in the Northeast, the higher authorities will not allow it!

Investing in the Northeast means the transfer of industrial property rights.

The factories in the Northeast are all heavy industry and military industry.

There must be no foreign capital in it, not to mention that this foreign capital comes from South Korea.

This is arguably impossible to pass above.

Everyone's head got dizzy in an instant.

The Southern Special Economic Zone can develop so fast, not only because of the positive side.

Massive foreign capital is also a key factor.

Even if the Northeast Special Economic Zone has a strong industrial foundation and no funds, it is difficult for a clever woman to cook without rice!

On the contrary, the example of FAW in the automobile industry is here. It has jointly built factories with foreign automobile companies, which can be regarded as the introduction of part of the capital and technology.

But this only applies to the automotive industry, what about other industries?

Thinking of this, everyone couldn't help but look at Yucheng.

"Mr. Yu, you have this plan, you should have thought of it, right?"

one person asked.

Yu Cheng looked at him and nodded, "Yes, I do have some ideas."

As he said that, he looked at the old man again and asked, "Leader, I wonder if you have heard of fundraising?"

The old man nodded. He knew that fundraising was a popular way of raising funds in foreign capitalist countries.

Instead of issuing corporate bonds, specialized private equity firms find limited partner funding.

In other words, building a fund.

Let people buy funds, and professionals use the money to invest and buy shares.

But he still has no idea how this fundraising is connected with the funds needed for the development of the Northeast Special Economic Zone.

"Tell me in detail."

Yucheng nodded and said, "There are various sources of funds. We can't absorb external investment in the short term. What about internal investment?"

"Internal investment?"

Yucheng nodded: "It has been almost 13 years since our domestic reform, the country has become much richer and stronger, and the corresponding people have a lot more spare money than before."

"Private capital is a force that should not be underestimated."

Everyone's eyes lit up when they heard the word "private capital".

"Everyone should have heard the news that Modu Securities was established at the end of last year, right?"

Yu Cheng looked at the old man, who nodded.

"On the day when Modu Securities was established, all listed eight-stock stocks rose sharply, and people queuing up to subscribe for stocks even lined up from the East Street to the West Street."

"This shows what?"

"It shows that the common people in our country have the desire to invest."

"And there is another point, the leader doesn't know if you have thought about it."

"With the development of our country, people will naturally have more and more surplus money. Where can the money go? It's nothing more than a bank."

"But in the bank, money that is not in circulation is blank paper, which is not beneficial to the country as a whole."

"And to circulate, where can it be circulated?"

"It's nothing more than some small business."

"Or real estate."

"How many people jumped off the building for real estate speculators in Qiongzhou Island, this is a lesson from the past."

"How about entering heavy industry? In many industries, private capital cannot enter."

"However, if we set up a special private equity company to issue funds through fundraising, the equity company will distribute 493 of the funds and invest them in the major industrial groups in Northeast China.

"This will not only allow money to circulate, but also use private funds to promote the development of our country's heavy industry under the premise of rules. Isn't this killing two birds with one stone?"

"Good way!"

As soon as Yucheng finished speaking, one person clapped his hands and praised.

"This is indeed a good idea, private equity fund? Yucheng, you can figure out what you think in your head." Tang Guangyao looked at the young man in his early twenties and made an inconceivable voice.

"Indeed, in this way, we have the funds for the development of the Northeast Special Economic Zone, and we use our own money. We don't need to give up our property rights, and we can use the money to buy advanced equipment and technology. This is."

"Leader, I think Yucheng's method is very good. What do you think?"

Seeing the joy on everyone's faces, and seeing the old man's expressionless expression, Zhang Baishan broke the situation and asked directly.

Hearing the question, the old man raised his head and glanced at Zhang Baishan, then looked at Yucheng, and said: "As for fundraising, whether it is the establishment of a private equity company or a fund, it is a means of foreign capitalism. It cannot be used in the Northeast Special Economic Zone, and I need to go back to Kyoto to discuss it with several others."

"However, Yucheng." The old man paused and said, "You can think of fundraising, why don't you come up with the idea of ​​fundraising? Isn't it more convenient for the group to directly guarantee the local government's performance funds from the private sector? It doesn't even need to go through With the consent of the central government, the local governments can decide.”

This is what puzzled him.

As soon as these words came out, the others immediately reacted and looked at Yucheng one after another.

Yucheng sighed in his heart, and finally came.

He scanned the crowd and said in a deep voice, "Everyone, you have seen the benefits of fundraising, but have you seen the huge disadvantages of fundraising?".

Chapter 0371: 80.00%, it's all a scam (full order, custom order)

What is crowdfunding?

Fund-raising means that the state, through financial institutions, manages and supervises according to law, absorbs idle surplus funds from society and individuals, ensures the dynamic circulation of the financial system, ensures the stability of the financial market, maintains the country's economic development, avoids and prevents various expected risks inside and outside the financial system, and Risks are controlled within a controllable range.

To sum it up in one sentence: Fundraising is a naive product of the early stages of the development of a country's financial system.

What does childish product mean?

It underestimated human nature and overestimated financial regulation.

"Leader, of course, companies can raise funds from the society by issuing bonds, bonds, and stocks. It is simple, direct, and effective. But have you ever thought that if we implement this method, how will other large companies in other provinces and cities follow suit? manage?"

"As an enterprise group in our own territory, we know the basics and are trustworthy."

"But what about enterprises in other provinces and cities? Can we guarantee it?"

"Profits make people crazy. If we make a bad start, anyone or any company can raise funds from the public in this way. Who will maintain the money of the people for them, and who can guarantee the good or bad of these enterprises? The common people lose money, and the enterprises take the money and run away, who should they turn to when the time comes?"

Yucheng sent out a series of inquiries, his words were deafening.

These words also made many people present tense.

Indeed, if you raise funds from the society, what should you do if you lose money?

Can you be worthy of those people who believe in them?

When the time comes to make a fuss, whose face will look good.

Thinking of this, everyone couldn't help but cast a shadow over their hearts.

People's money is not so easy to get.

The old man was not moved by these emotions, and asked calmly: "Your worries are not unreasonable, but the solution is actually very simple. Strengthen supervision at the local level and raise the threshold for raising funds. All companies that raise funds need to be approved by the local government. approval."

"A strong enterprise, with local approval, coupled with the ability to quickly raise funds from the local area, and the local economy can develop rapidly, can this avoid the problems you are concerned about and achieve the same effect? "

"Leader, do you believe in local supervision so much?"

Yucheng smiled, and the old man's answer was within his expectation.

"The leadership team in the provincial capital center and the decision-making body may have this kind of execution and discernment" "."

"But what about the next-level cities, the more remote rural towns and poor counties?"

If a company comes to invest and build a factory, the project is very good, and it will be implemented immediately, and all the procedures have been completed. At the critical moment, the funds start to become tight, and they want to raise funds to issue some bonds and let the local government subscribe for some shares. You said the local government Can you refuse this proposal?

"And with the local distribution purchases and the local government's preparation of books, can the company's lack of funds not be collected?"

Without waiting for the old man to answer, Yucheng replied: "It can be raised, and even under the momentum of some people, this subscription may even be robbed."

The crowd nodded.

It does happen.

"Mr. Yu, isn't this a good thing? This company landed in this county, but it just lacked a little capital. Once the funds are in place, the company's factory buildings are opened, and the economic tax revenue of this county will definitely increase a lot in the coming year. The bonds subscribed by the people can earn a sum of money under the premise of a large amount of interest, which is better than putting it in the bank. This not only speeds up the circulation of cash, but also promotes economic development. This is not what the country is emphasizing now. ?"

Everyone nodded.

But Yu Cheng's expression changed, and he said slowly:

"And what if, from start to finish, this so-called corporate factory is a scam?"

As soon as these words came out, the audience fell silent for an instant.

But then there was an uproar.

"How is it possible, Mr. Yu, stop joking."

"With the endorsement of the local government, it means that they must have investigated the background and reputation of this company, how could it be a liar."

"Yes, no matter how poor and backward some places are, they still have some basic common sense. Could it be that they still can't tell if it's a liar or not!"

Everyone chattered, saying it was impossible.

Is it impossible?

Yu Cheng sneered in his heart.

In the 90s, this scam was played out numerous times across the country.

Countless officials involved in the incident were held accountable and sent to prison, and countless wealthy people were deceived into invading their homes and going bankrupt.

The word "fundraising" has suddenly turned into illegal fundraising.

It has become a naive financial product in the early days of our country.

Even after 30 or [-] years, the common people turned pale when they heard the word fundraising.

"The past can be fabricated, the seal can be forged, and even a real person may not be his original identity, let alone a company that has traveled thousands of miles to invest in a remote place?"

Yucheng said lightly: "I stayed in Hong Kong Island for a while last year, and met many people from our mainland."

"Most of these people are business personnel from the investment promotion offices in various cities in the mainland. Their task is to attract investment in Hong Kong Island."

"They are plainly dressed and speak Mandarin, not even Cantonese."

"They can find investors in the unfamiliar Hong Kong Island, which can be said to be a needle in a haystack."

"And Hong Kong Island is different from our mainland."

"There's everyone, the smart, the cunning, the investor, even the liar."

Having said that, Yu Cheng deliberately paused, scanning the expressions of the surrounding people.

Sure enough, many people's faces have become ugly.

"If it is said that these scammers are carefully planning and preparing a scam for the people in the investment promotion office, tell me, can they see it?"

Everyone's heart sank.

"¨"If the people in the Investment Promotion Office happily lead the so-called investors to invest and build factories in the local area, with their endorsement and a series of carefully prepared certificates and materials, will the local government be fooled?"

Everyone's heart sank again.

"With the endorsement of the local government and the beautiful blueprint compiled by Hong Kong businessmen from Hong Kong Island, will they take out their own money?"

"And when these people get the money, they find that the construction is halfway started, the people ran away, and the people know the news, what should they do?"

"Who will pay for this responsibility?"

"These losses, the people's hard-earned money, who will pay for it?"

A sentence is like a knife, piercing everyone's heart.

"Fund raising is a simple and crude means of financial operation."