Chapter 418: Junshi No. 2 Travels Lightly
Time flies like an arrow.
It’s New Year’s Day again, a new year, and a new beginning.
Gu Junhao, who has gradually adapted to how to take care of pregnant women, has also gradually adapted to this rhythm and began to gradually resume work.
In the reception room of Gu Junhao's villa, a group of senior executives including Xu Jianqing, Wang Ruoyu and Liu Tingting were all present.
During the New Year's Day holiday, Gu Junhao gathered everyone together to discuss the company's development plan for 2017.
2017 is the fourth year since the establishment of Junshi Capital. What kind of plan should be made for this year is a question that Gu Junhao should think about.
The development of an enterprise cannot be separated from the efforts of its employees, but it is even more inseparable from the steering wheel of the helmsman.
The first problem facing Gu Junhao was that it was time for Junshi No. 2 to be open for subscription for the second time.
The year 2018 was the year with the longest bear market since the stock market crash. The Shanghai Composite Index started falling in January and continued to fall until the end of December. It even hit a second bottom in early 2019.
The Shanghai Composite Index even fell below 2,500 points at one point, leading to another policy rescue. Two major rescues in three years are extremely rare in the sluggish A-shares.
Just like in 2015, A-shares also have a policy bottom and a market bottom.
Through his management ability, Wang Ruoyu gained the trust of the client base and proved that he was capable of maintaining the operation of a private equity fund worth tens of billions of yuan under the command of Gu Junhao.
This time when subscription is open, Gu Junhao does not plan to suppress the scale of Junshi No. 2 anymore. Private equity is different from public equity institutions, so it does not matter even if the position is short for a long time.
As long as you can give customers a reasonable explanation and guarantee their profits.
Taking advantage of the current boom in the private equity industry, Gu Junhao wants to accumulate enough capital for a big bargain hunt in 2018, and this is the best time to do so.
The time, the place and the people are all on our side.
Unlike public funds, private equity funds do not have strict requirements for holding positions. Even if the position is short for a long time, there will be no problem as long as investors can accept it.
Now that you are confident, you can now let go.
Of course, the necessary thresholds still need to be set. The lower limit for subscription this time is also 5 million yuan. As for the upper limit, Gu Junhao does not intend to set it.
If you dare to apply for a large amount, I dare to accept it; I can take over the 600 million US dollars from Jiufeng Trust.
However, before the subscription was opened, there was one question that bothered Gu Junhao, and that was whether or not to ex-rights Junshi No. 2 again.
This is also one of the reasons why Gu Junhao called everyone to his home for a meeting.
Now after the ex-rights period, Junshi No. 2 can only get 30% of the profit share, which is still a considerable loss compared with the maximum profit share of 50%.
However, if you want to obtain more funds, the best option is to restore the net value to 1 in the new year.
It is necessary to travel light and enter a new environment and a new investment atmosphere.
What's more, 2016 has already passed, and Junshi Capital also needs to conduct a major financial cleanup to see how much money it has made in the past year and replenish a certain amount of cash flow.
After unanimous discussion and analysis of the pros and cons, everyone unanimously decided to conduct another rights adjustment for Junshi No. 2.
Although short-term interests will be damaged, it will be beneficial to the company's development in the long run.
During the entire meeting, no executive present raised the risk of whether Junshi No. 2 would be met with a cold reception if it were to be opened for subscription again.
It seemed that this time, it was a matter of course for them.
It’s not that these executives have lost the ability to think and have not considered the risks. It’s that Gu Junhao has conquered them with his performance over the past three years.
When Gu Junhao mentioned that the scale of Junshi No. 2 would not be deliberately restricted this time, they felt that the scale would definitely be greatly expanded this time.
After deciding on the second ex-rights of Junshi No. 2, everyone discussed matters related to this year's annual meeting and the Chinese New Year holidays, which are topics that employees are currently concerned about.
The result of the discussion was that despite the bear market in the A-share market in 2016, the company's performance was still so good, and the boss was about to become a father, which could be considered a great joyous event.
Therefore, everyone unanimously decided that this year's annual meeting should be more lively.
"Okay, let's make it more lively. The administrative department should organize it and collect opinions from employees. We need to make some noise, but it can't be too high-profile. Do you understand?"
"Okay, leave it to us." Liu Yuhua, head of the administrative department, said confidently.
As the director of the administrative department, Liu Yuhua, who is equivalent to the company's chief steward, manages the company's logistics in an orderly manner, but he is usually very low-key and does not have a strong presence among employees.
But after a few years of getting along, Gu Junhao is well aware of her abilities, and the smooth operation of the company's logistics is inseparable from her hard work.
Since Liu Yuhua said there is no problem, then naturally there won’t be any big problem.
Seeing that it was noon, Gu Junhao ended his morning meeting and led everyone to the restaurant. He had already asked the nanny to order a banquet from the hotel.
At this moment in the restaurant, the hostess Zhang Yiru, her mother and the nanny were setting the table.
"Come to think of it, today is Chinese New Year, and I feel a little embarrassed to call everyone here for a meeting." Gu Junhao said as he walked.
"Haha, for the development of the company, this is what we should do." Xu Yan said with a smile. This was his first time to come to Gu Junhao's house.
After the reorganization of Junshi Capital, the market intelligence department is no longer an independent department, and Xu Yan's power is much smaller than before.
But Xu Yan did not have any dissatisfaction; on the contrary, he was now more at ease than before.
He has already returned the money that Ren Yetao gave him.
After the stock market crash, the development of Junshi Capital exceeded the imagination of Xu Yan and Ren Yetao; actively participating in the rescue of the market not only made them earn a lot of money, but also made Gu Junhao's impression better and better among the upper echelons.
The reborn Junshi Capital is no longer someone that can be provoked by people like Ren Yetao, who are called institutions but are actually hot money.
To be honest, there was not much conflict between the two parties. It was just that Ren Yetao wanted to get some benefits from Gu Junhao.
Since there is no benefit to be gained, Ren Yetao would not be so foolish as to find conflicts with Junshi Capital.
What's more, he has a lot of troubles of his own. In the past two years, Ren Yetao's fund has lost a lot of money, and his clients are causing trouble for him. At this time he has no time to pay attention to Junshi Capital and Gu Junhao.
Similarly, Xu Yan no longer dared to have any other thoughts. He was just bewitched and deceived into accepting the money.
Afterwards, Xu Yan regretted it very much, which was also one of the reasons why he had not dared to take action.
After wandering for half a lifetime, I finally got a relatively stable job. However, due to poverty, I lost my mind for a while, and before I could take any action, I could not keep up with the development of my boss.
While feeling terrified, Xu Yan couldn't help but breathe a sigh of relief. Fortunately, he hadn't made any mistakes, otherwise he would have gone to jail.
When he found Ren Yetao and decided to return the money, Ren Yetao agreed readily; so, the two of them tacitly agreed not to mention the matter again.
Later, with the reorganization of Junshi Capital's corporate structure, Xu Yan went from being the head of a department to a team leader of the research department under the investment division.
Xu Yan not only had no dissatisfaction with this, but was very grateful. He could do as much as he could within his ability. Xu Yan was really afraid that one day he would not be able to resist temptation again.
Gu Junhao had approached him at the beginning, intending to let him take charge for a while longer, but Xu Yan decisively rejected Gu Junhao, saying that he was not capable enough to lead such an important department.
Nowadays, Xu Yan no longer needs to travel on business, and he is very satisfied with his work status; when people reach middle age, once they think things through, many things are easy to solve.
Although he no longer had the power he had before, with a good salary, he could easily support his family and let them live a stable life. The only concern he had was that he had not confessed his previous affairs to Gu Junhao.
If I confess, I don’t know what the outcome will be.
"Let's take it one step at a time." Xu Yan came to the dining table, glanced at Gu Junhao, and thought secretly.
Lunch was ordered from a nearby hotel. Whether it tastes good or not depends on personal taste, but it was quite stylish.
"I'm sorry to have delayed everyone's vacation, but it's rare for so many people in the company to get together. Let me toast you all and wish you all a happy New Year." Gu Junhao raised his glass and said.
It's not wine, it's juice. We all drove here, so it's not suitable for drinking.
Seeing Gu Junhao raise his glass, everyone followed suit.
“Happy New Year!”
Although there was no alcohol to liven up the atmosphere and they were in a superior-subordinate relationship, the dinner table was not deserted. People like Xu Yan and Shen Boyu were middle-aged men with rich social experience and knew how to liven up the atmosphere.
Plus Xu Jianqing’s eye-catching bag.
For a moment, the usually deserted home seemed exceptionally lively.
Gu Junhao glanced at Li Xinyu and Liu Tingting, who were standing on Zhang Yiru's left and right. The three were chatting animatedly.
After knowing that she was pregnant, Gu Junhao did not let Zhang Yiru go to work anymore. Although Gu Junhao did not get married or have children in his previous life, all his family relatives stopped working after they got pregnant, so he kept this in mind.
"Can you take your wife out for a walk during work hours? This way it will be more lively than having her at home."
Lunch lasted nearly two hours. Gu Junhao didn't talk about work anymore in the afternoon. After lunch, they chatted for a while and then went home.
Wang Ruoyu was the last one to leave. He seemed a little depressed throughout the whole day. After everyone left, Wang Ruoyu looked at Gu Junhao, hesitating whether to say it or not.
"What's wrong? Don't you want to go home and take a look?" Seeing Wang Ruoyu's hesitation, Gu Junhao thought she wanted to talk about the ex-rights issue of Junshi No. 2.
"It's okay to wait until you get to work. You still have a day off tomorrow, so you can go home and take a look."
"It's not that, boss, I'm sorry." Wang Ruoyu suddenly said.
" Why are you saying sorry?"
"If I had done a better job in the early stages, Fund 2 should have doubled, and we wouldn't have to hold a meeting over the ex-rights issue."
Gu Junhao was stunned when he heard this, then he laughed out loud: "So it's because of this. I was wondering why you were dithering. You think too much. It has nothing to do with you. It was my decision to let you take over Fund No. 2. Even if you do a bad job, it's all because of my decision. It has nothing to do with you."
"Besides, you've done a great job. This year, we have achieved a private placement of tens of billions of yuan. Your contribution is not small. Just wait for your bonus at the end of the year."
"Boss, you really don't blame me? This is 20% of the profit. The company has suffered a great loss."
"Blame you? You are not qualified. Get out of here right now. Stop being sentimental. Go back to work hard, sort out the fund, and strive to achieve better results."
"Okay then. I'll go back to the company and work overtime. I'll try to sort out the fund as soon as possible and resume trading as soon as possible."
"Aren't you going home? You have a holiday tomorrow."
"No, it's not long before the Chinese New Year, so I can just go back a few days earlier."
"Okay, whatever you want. Just drive carefully on the road."
"OK."
