Reborn I want to surf

Chapter 804 The old man in the mountains
In June 2013, Jack Ma launched Yu'e Bao.

They also came into contact with many small public funds like this, and finally chose Tianhong Fund, which has suffered losses for three consecutive years.

At that time, Tianhong’s capital scale was only 99 billion, ranking 70th among 50 companies, and the shareholders behind it were Tianjin Trust and Inner Mongolia Junzheng.

As a result, after the emergence of Yu'ebao, Tianhong Fund became the second largest fund in the country in just one year, and later became the first fund with a scale exceeding one trillion yuan, which can be described as skyrocketing.

Then in 2015, Ant Financial acquired a 51% stake and controlled Tianhong Fund.

There are many reasons why Ma Yun is Yu'e Bao.

One of them is that the central bank issued a regulation: the ratio of the paid-in monetary capital of payment institutions to the average daily balance of customer reserve funds shall not be less than 10%.

What does that mean?

For example, when buying something on Taobao, the buyer’s money is not directly given to the merchant, but is cached in Alipay for a few days, and then transferred to the merchant after the receipt is confirmed.

In this way, Alipay has formed a huge reserve fund.

If this ratio does not meet the regulations, Ali will have to increase the paid-in currency capital, so Jack Ma must find another channel to distribute the money.

Another reason is that the environment was relaxed at that time, and the country was encouraging financial innovation.After the launch of Yu'e Bao, the central bank also named and praised it...

So Yao Yuan can't do it in advance, if the environment is not released in advance, then he will really be banned.

In short, he is making preparations here, and Lao Ma must also be preparing. In addition to the time to build a technology platform, maybe the two companies will launch the small treasury/yu'ebao at the same time.

Another bad fight.

This is not just a competition between Small Treasury/Yebao, but also a competition between 99 and Ali in mobile payment and Internet finance.

…………

Unknowingly, it has been almost ten years since Zheng Nanling came to 99.

Many times, he still recalled the scene when Yao Yuan went to the airport to pick him up when he first arrived in the capital that afternoon, and then lived in the Jinhuyuan apartment in Tuanjiehu—the Legend of Phoenix was downstairs.

This engineer, who has only two works left in history, Qianqian Jingting and Quick Picture Browsing, is now one of the top figures under Yao Yuan's command, and is now in charge of the product development of Weichat.

Over 30 years old, taciturn, single, no bad habits, skilled, owning shares... the perfect king and old five.

At the end of this summer, on a cool evening, Zheng Nanling came to Xiangshan Villa.

"Brother Nanling!"

Yao Yuan has a lot of friends now, and his name for Zheng Nanling has not changed, it is still called "Brother Nanling".He personally welcomed him into the room and said with a smile: "This summer has not been a good one. People are looking for it every two days. Fortunately, it is almost over, and you are the last one."

"What last one?"

"The last guest, after that I have to go back to work."

"Oh……"

Zheng Nanling nodded, and replied with an irrelevant sentence: "Your vegetable garden is well done."

"Hmm! If you praise me for doing a good job in business, I may not be happy. If you praise me for growing vegetables well, I can eat three more bowls of rice!"

Yao Yuan pulled him to sit down, and sighed: "You were invited, and Mai Mai paid for it. Damn that guy is on vacation, he said he went to Yunnan to eat fungus, he lay on the bed every day to draw villains, and he said he was A glass of milkshake, for fear of spilling...

I don't see it!
But it's okay to tell you first. "

"Well, you say!"

Zheng Nanling said a total of ten words from the moment he entered the door, holding a cup of hot tea in his hand, and looked at him seriously.

Yao Yuan knew his character and didn't mind, he first explained the plan of the small treasury, and then said: "I expect to have a fierce battle with Ali next year, and we need to increase our bargaining chips.

Have you ever used Alipay or Maimai Pay? "

"..."

Zheng Nanling nodded, and Yao Yuan said, "Do you find it troublesome? Users have to log in to the bank's payment tool, then enter a complicated 'letter + number' password, and finally have to pass SMS verification to pay.

I want to simplify the process and make a quick payment function.

You don't need to worry about the bank, I have technical requirements for you:
Weichat has added payment and wallet functions, you can directly bind Weichat with a bank card, you can scan the QR code for payment, and do not need SMS verification when paying, and the password is made into 6 digits, so that the small treasury can connect with Weichat. "

There are two points involved here.

One is fast payment. The 6-digit password that is common in later generations is no longer available. Now you have to use online banking. When you pay, you jump to the online banking page. The success rate is still very low—it is said that the payment success rate was only 60% in the past.

Alipay and WeChat have popularized fast payment, which greatly facilitates users. From this point of view, they are credited.

Another point is channels.

The foundation of 99's current financial operations is Maimai Payment, which has a license, and on top of that, it is planning to do small treasury and Weichat payment.

Yao Yuan was afraid that the small treasury would not be able to do Yu'e Bao, so he asked Weichat to help him.

Connecting the Vault to Weichat is equivalent to adding a powerful application channel. Users can deposit money from Weichat into the Vault and withdraw it directly from the Vault.

Simply put, Lao Ma started with e-commerce payment, Xiao Ma started with social payment, and Yao Yuan has both, so they are integrated.

"..."

Zheng Nanling was silent for a while after listening, and asked, "When do you want it?"

"I know it's difficult when it comes to Maimai payment, Weichat, and small treasury. After I finish talking with you, I will talk to them..."

Yao Yuan paused and said, "Eight months, is it enough?"

"Enough!"

Zheng Nanling nodded.

The matter was over, Yao Yuan left him for dinner, and it happened that Yinyin also came back.

Yinyin hasn't had a good summer, and from time to time, someone stays for dinner, so she has to put on a dignified, graceful and elegant mistress--although her nature is similar, there are always outsiders in the family, and she is always not very happy. like.

…………

"You have become an old man in the mountains, do you really consider yourself a hermit?"

At night, when the two of them lived together, Yinyin couldn't help complaining.

"The main thing is that there is really nothing important in this paragraph, and I don't want to run outside all day, it's so hot."

Yao Yuan lay on the sofa, swiped Weibo with one hand, and ate watermelon cut with a small stick with the other. After swiping a few times, he suddenly said, "Hey, what do you think of this teacher?"

He clicked on a micro-blog animation, which was a female teacher with a royal sister type and huge breasts in a swimsuit, posing, and introduced:

"Jingxiang Julia, debuted in 2010 and so on..."

"Wow, the breasts are so big!"

Yinyin leaned over on the bed, leaned her head over, and looked at Julia in amazement.The two often watch pornographic movies together, she touched hers and sighed: "There are probably two of me."

"Pay less money to yourself!"

Yao Yuan gave her a blank look, and continued to browse this blogger. This buddy seems to have a special liking for big breasts. They are all similar pictures and animations, as well as Da Mi Mi's handed down work in "Far Cry".

Then there is still PS!
It's not a face change like the later generations, it's just a simple and crude P picture, the effect is very bad.Yao Yuan shook his head while watching, he is very familiar with this, Tianxian, Da Mimi, Reba, the three gods in the face-changing area!

Not only that, there will be AI to code in later generations.

Yin Yin looked at him scrolling through Weibo, and was bored after reading it for a while, so she continued the topic just now and asked, "Then when will you go back to work?"

"Next month, the Meizu development conference will be held next month."

"Meizu? Hey, it's that...that breathing light?"

Yinyin suddenly got up, and said with great interest: "I've been looking forward to it for a long time. I thought you guys missed the ticket, and it's really done."

"This is a flagship machine, of course we must strive for perfection!"

"Then you raised the price?"

"Up!"

"Are you afraid that users will not buy it?"

"I'm afraid, but Meilan has come out, Meizu must be upgraded, and we can't hang around in the low-end circle for a lifetime. Of course, our price is not too high. It used to be so cheap, but now it is not very expensive to increase a few hundred yuan, 1000 yuan of."

Yao Yuan paused, and sighed: "We chose to start with a low price, so we have to face the current problems. Alas, it depends on the performance and publicity..."

(no more!)

(End of this chapter)