They are all reborn, and the grandson is still a spare tire

When hearing the word innovation, everyone's eyes lit up and were full of curiosity.

The next moment, Yao Yuan spoke out the essence behind the innovation.

"The five new funds issued by our group have a size of 200 billion each, but they target different customer groups."

"Two of the new funds are mainly sold to institutional investors, with the subscription amount for a single institutional investor ranging from RMB 10 million to RMB 500 million."

"The other three new funds are mainly sold to natural persons. Can all shareholders subscribe? The upper limit for a single natural person to subscribe is RMB 100,000."

"In order to ensure the strong repayment capacity of these five funds and to reassure all investors, our group will subscribe to 30% of the shares of each new fund ourselves."

"This is not just talk. Our group has already injected 300 billion RMB into these five new funds, and the funds were in place yesterday."

"But the 300 billion yuan will not flow directly into the stock market, but will be kept in the corresponding reserve account of each fund, which is the ballast of these five new funds."

"The reserve accounts of these five new funds are jointly supervised and managed by the China Banking Regulatory Commission and the China Securities Regulatory Commission's Fund Management Center. Our group does not have direct management rights."

"In this way, investors who invest in these five funds do not have to worry about the fund's ability to repay. We can ensure that every redemption will be repaid at any time."

"Not only these five new funds, but all funds and other financial products issued by our group in the mainland in the future will adopt this approach to establish sufficiently safe reserves."

"The management rights of these reserves will be handed over to the CBRC and the CSRC. After we complete the acquisition of the controlling stake in Tonghai Securities, we will gradually implement this system in Tonghai Securities."

“In addition, all fund accounts, including reserve account status, will be disclosed to the public on a regular basis to ensure complete openness and transparency, so that every investor can know the status quo!”

"Under this strong guarantee, everyone can rest assured to subscribe to our group's funds and other financial products. Several leaders of the China Banking Regulatory Commission and the China Securities Regulatory Commission can confirm this."

As he spoke, he nodded to the Vice Chairman of the CSRC and others.

At his signal, the two vice chairmen of the CBRC and the CSRC stood up one after another and briefly explained the situation.

They proved what Yao Yuan said, that the 300 billion yuan that Jiuye Investment took out had been deposited into the reserve accounts of five new funds.

As they were introducing the situation, the on-site interview area and countless viewers who were watching the live broadcast were once again shocked by Yao Yuan's generosity.

It is no exaggeration to say that nothing like this has ever been seen before.

"Fuck! A 1% reserve requirement is crazy. Other funds only have a % risk reserve requirement. There is a huge difference!"

"He just took out 300 billion RMB, put it in the reserve account first, and then launched the fund. This guy has a great vision. It's impossible not to admire him!"

"Such a safe fund, and it's owned by stock god Yao Yuan, only a fool would not rob it, but the upper limit of 100,000 is really too low!"

Everyone exclaimed and talked excitedly.

Moreover, they are all eager to rush to the bank or securities company, or open the securities account, to buy the five new funds of Jiuye Investment Group.

It’s a pity that these five new funds will not be officially launched until tomorrow.

When banks go back to work and the stock market opens tomorrow, there will surely be an unprecedented wave of subscription frenzy.

As they were talking, the two vice chairmen of the China Banking Regulatory Commission and the China Securities Regulatory Commission had finished introducing the situation of the reserve accounts and sat down one after another.

Yao Yuan nodded to the two of them and continued to introduce the situation of the new fund.

"Let me talk about the fund management fee. Within the scope permitted by the fund management regulations, we have formulated a differential fee standard for these five new funds."

"In the future, any fund issued by Jiuye Investment Group will be charged according to this standard."

"According to this differential fee standard, if the fund investor's account profit is less than 10%, including investment losses, an annual management fee of 1% of the fund's investment balance will be charged."

"If the fund investor's account profit exceeds 10% but is less than 30%, an additional 1% management fee will be charged on top of the original 10% for the portion of profit exceeding 2%."

"For example, if a natural person subscribes to 1 fund shares and makes a profit of , that is, within the account balance of , only % management fee will be charged."

"If the account profit exceeds 2 and is less than 2, a % management fee will be added to the portion exceeding . For example, if the profit is , an additional % management fee will be added to the portion exceeding ."

"By analogy, when the account profit exceeds 60%, the part of the profit exceeding 10% will be subject to an additional 5% management fee. After the profit doubles, the part exceeding 10% will be subject to an additional 8% management fee."

"If the fund account's profit exceeds 200%, an additional 10% management fee will be charged for the profit exceeding 10%, and the fund must be redeemed in full or forced to close its position by us..."

Next, Yao Yuan continued to introduce the relevant information of these five new funds, as well as the management fee collection method that refreshed everyone.

As he was introducing, all the stock investors and ordinary people who were watching the live broadcast exclaimed in amazement, and many of them almost kept their mouths open.

Yao Yuan was like opening the door to a new world, letting everyone realize for the first time that there is a way to play with funds!

Compared with Jiuye Investment’s new funds, the funds issued by other financial institutions are like things from the last century!

More importantly, Jiuye Investment Group’s new fund is safe!

Apart from anything else, the ultra-high reserve ratio of only 30% can dispel almost everyone's concerns and allow everyone to invest with confidence!

Of course, many fund practitioners from other financial institutions who were also watching this live broadcast felt like the sky was falling.

"Fuck! How can other fund companies survive if Yao Yuan does this?"

"I have to say, this young man is really cruel. He is not only cruel to himself, but also to his peers. I'm afraid we are in trouble!"

Countless fund practitioners across the country expressed their feelings in unison and felt a chill down their spines.

At this time, Yao Yuan finally finished introducing the relevant information of the five new funds.

Then, he changed the topic and said with a smile:

"Dear journalist friends, I believe you have all prepared your questions and are eager to ask them."

"We are now entering the question and answer session. If you have any questions, please raise your hands."

"I will randomly point out reporters who ask questions and try to answer everyone's questions..."

Before he finished speaking, all the reporters at the scene raised their arms like lightning, each of them full of anticipation.

Yao Yuan glanced at the reporters and then casually pointed at a male reporter in his twenties or thirties.

"Just this journalist friend, what questions do you have?"

As he said this, the staff member quickly stepped forward and handed the microphone to the male reporter.

The male reporter stood up, took the microphone, and immediately asked his questions.

"Hello, Mr. Yao, I am a reporter from the Finance Channel of Shanghai TV. I am very happy to interview you, and thank you very much for giving me the first opportunity to ask questions."

"What I want to ask is, why do you have to formulate such a differential fee method for the five new funds issued by Jiuye Investment?"

"Especially once the profit exceeds 200%, why must all the shares be redeemed? You even force liquidation? This has never happened in other funds. What is your intention?"

Yao Yuan looked at the reporter, nodded with a smile and said:

"It's nice to meet you, my journalist friend. You raised a very good question. I would like to explain our intentions to the investors."

"The main reason why we formulated this differential fee method is to encourage investors to cash in their profits in a timely manner and put the money they earn into their pockets."

"I hope everyone will use the profits they make for consumption. If you invest 30 yuan and make a % profit, you can do a lot with yuan."

"For an ordinary family, except for not being able to buy a car or a house, 30,000 yuan is enough to replace all other major items in the house and make life a little better."

"If there are students in school at home, 30,000 yuan can not only pay for four years of college tuition, but also leave a lot of money left over for living expenses!"

"Why not do anything with this little money? If you keep investing it in the stock market, you might lose it all. Everyone knows that there is no such thing as a permanent winner in the stock market!"

"If everyone redeems the money earned from investment funds in a timely manner and spends it, it will not only be good for themselves, but also expand domestic demand and promote the healthy development of the national economy."

"That is why we have developed this differential charging method to encourage everyone to cash in their investment profits once they reach a certain amount and use the profits for consumption."

“Here I want to remind all investors that investing requires a healthy mindset and staying within a reasonable range. The most important thing is to do your job well.”

After his explanation, everyone finally understood.

Director Li and other leaders on the rostrum all had a flash of admiration and a bit of shock in their eyes.

Even though they had heard Yao Yuan say this before, they were still shocked to hear him say it publicly to the media reporters.

"Snapped!"

In a high-end residential building in Huangpu District, a man in his fifties slapped his son on the head.

"Boy, do you see that? What kind of vision and courage is that? He is two years younger than you!"

"You second-generation rich guys only know how to play with cars and women all day long, yet you still want to compete with Yao Yuan? You are overestimating yourselves!"

"It's not that I look down on you, but all of you second-generation rich kids put together are not even as good as a single hair of Yao Yuan!"

"Remember this, kid. Yao Yuan is a registered person in the lake. Anyone who touches him will die!"

Westbrook, who was sitting next to him, got slapped in the face for nothing, he was so depressed!

But he also understood that the slap was not unjust!

"Got it. From now on, when I see this young man, I'll just stay away from him!"

"As for turning me into this young master, forget it. I can't do it even if you kill me!"

Hearing this, his father couldn't help but raise his hand again.

But in the end, he didn't do it, he just complained a few words in a bad mood.

"I know you can't do it. There has only been one outstanding person like you since the founding of the country!"

"I only have one request for you, kid, and that is don't cause trouble!"