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Chapter 295 Bubble Economy

In fact, from another perspective, the venture capital projects undertaken by Life Insurance Group are actually a very favorable policy for People's Insurance Group, and of course it can also be said that life and People's Insurance Group are mutually beneficial.

For example, if a person doesn’t have a penny, but as long as he has an idea, he can give up forty percent of his shares and apply for full venture capital at Life Insurance Group.

After obtaining the investment, he took out 10% of his shares and joined the S economic circle through the approval of the People's Insurance Group.

In other words, when a person is penniless, he can also obtain 50% of his shares by borrowing money, while Yang Yu gets 10% of his shares without taking any risks. After all, Yang Yu did not invest a penny in this company.

"Mr. Yang, a comrade from Guizhou Province, sent a message that there are seven companies in Guizhou Province willing to invest."

"Mr. Yang, there are also six companies in Hunan Province that have the intention to invest, and our salesperson is now negotiating with them."

I have to say that the role of advertising is very obvious.

After reporting from national news newspapers, the business channels of People's Insurance Group have been broadened a lot, and the investments that pour into People's Insurance Group every day are calculated in billions.

Yang Yu also felt a lot of pressure on this. After all, the market for S is so big. If this trend continues, it won’t take long before the market for S will be saturated. By then, no matter how much investment Yang Yu gets, it will be useless.

So what Yang Yu has to consider now is not just the smooth operation of the market under the new economic planning, but also the consideration of how the new funds should be placed and how to make profits.

After all, only by making a profit can Yang Yu truly benefit.

It's easy to say, but it's extremely difficult to do.

Not to mention anything else, first of all, one of the economic circles of S made Yang Yu very busy and had no extra energy to manage other projects.

And Yang Yu could not control the market capital flowing into the People's Insurance Group. Before he knew it, the nature of the People's Insurance Group had changed, becoming like a country, almost forming a bubble economy.

At this time, the international community actually has the hegemony of the US dollar and international trade, which requires the use of US dollars to trade, which has led to the fact that countries only need to print money continuously to exchange materials from the world.

People's Insurance Group seems to have formed this model. As long as People's Insurance Group can obtain projects, it can attract investment from all over the country. If one day all of these investments in People's Insurance Group escape, then the People's Insurance Group, the quickly established Jingrong Building, will collapse with no room for words.

Of course, although Yang Yu has realized that he will face these problems after opening the inflow channel of funds, Yang Yu is simply powerless at this time.

What can I do? After all, People's Insurance Group had no money at the beginning. Although it can dominate the funds now, it has no actual controlling rights. Only when these companies make profits can People's Insurance Group get the money in reality, and the funds cannot be controlled. How can it be changed? It cannot be changed at all.

Once you give it, follow it.

At this time, Yang Yu could only take one step at a time. What he could do was to keep a good investment barrier so that every company invested in the People's Insurance Group could make a profit.

Of course, Yang Yu also faces an imminent matter, that is, pay off all the debts.

Adding to Rongcheng's debt, Yang Yu counted it and said that the People's Insurance Group is still in debt of 450 million yuan.

The two big rocks of debt and investment almost made Yang Yu unable to breathe.

"When will we be able to take out our financial statements this month?"

After pondering for a moment, Yang Yu asked the Financial Director of People's Insurance Group.

"Because our group has entered the national market now, the data statistics will be delayed. You can get financial bills around the 10th of next month. However, Hengyu Group and Baixi Chemical Group have submitted financial statements to S. The two companies have made a total profit of 57 million. Among them, Hengyu Group has applied for 20 million to invest s, which means you can get 37 million in total."

"Three thousand seven million?"

Calmly nodded, this value was as expected, and then replied: "First repay the People's Bank of Rongcheng!"

If the 30 million yuan is paid, Yang Yu still owes Rongcheng People's Bank of China a total of 30 million yuan. If nothing unexpected happens, Hengyu Group will be able to pay off all its debts next month, and then Hengyu Group's operating license will be available.

"By the way, Mr. Yang, there have been new progress at the Baixi Chemical Research Institute. Several research experts seem to have discovered some new material and are expected to obtain research results within three months!"

With a brow raised, the R&D progress of Baixi Chemical Research Institute exceeded Yang Yu's imagination. According to his budget, if Baixi Chemical Research Institute wants to create value, it will take at least three years to come. Unexpectedly, it will be able to produce research results now.

"Very good! Notify the general manager of Baixi Chemical Group and ask him to add additional funds to Baixi Chemical Research Institute. In any case, we must ensure that the research project of Baixi Chemical Research Institute is smoothly carried out!"

Under all the glitz, whether it is Hengyu Group or Baixi Chemical Research Institute, they are slowly getting on the right track.

At this moment, another heated discussion was sparked in the General Office of the Party Central Committee.

After all, policies are now centered on economic development, but policies are based on the premise of socialism.

At this time, the People's Insurance Group took a path similar to capitalism, which was undoubtedly contrary to socialism, which triggered discussion.

The opposing party believes that this People's Insurance Group is capitalism in the guise of socialism. No matter how much money such an enterprise makes, it is not in line with the core of the country's development and should be resolutely banned.

If one side supports it, a famous saying that the great man said is not a black cat or a white cat, as long as you catch a mouse, it is a good cat.

As long as Yang Yu is practical and legal to create benefits, pay taxes according to law, and the starting point is to serve the people, then such enterprises should support and encourage them!

Yang Yu is not qualified to know about the affairs of the central government.

At this time, he was on the way from S to S. After all, there was an important project that required Yang Yu to implement the establishment of the Second Branch of Baixi Chemical Research Institute.

According to the previously designated plan, the Second Branch of Baixi Chemical Research Institute is mainly focusing on the application field of new materials.

The motherland that has let go, whether in terms of economic level or technological level, lags behind developed countries, and what supports this economic level and technological level is the innovation of various cutting-edge technologies.

First update! No matter whether it is more or less, it is stable first

7
Chapter completed!
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