I Won a Prize of 100 Million at the Beginning, and I Became a Capital Boss

Chapter 176 Slope Industry Fund!

On March 2016, 3, in Room 18, Pufa Building, Slope Industry Investment Fund Management Co., Ltd. (Slope Industry Fund) was formally established.

Slope Investment and Puhai International Investment jointly initiated the establishment of Slope Industry Fund, focusing on equity investment, with a total fundraising of 50 billion yuan, Slope Investment contributed 3 million yuan, Puhai International Investment contributed 5000 million yuan, and other investments People contributed 1 billion.

Zheng Wentong will concurrently serve as the chairman and president of the Slope Industry Fund, Wang Bin will serve as the vice chairman, and Liang Hui will serve as the executive director of the Slope Industry Fund, assisting Zheng Wentong in specific management affairs.

As the sponsors, Slope Investment and Puhai International Investment are the general partners (GP) of Slope Industrial Fund, and other investors act as limited partners (LP).

While limited partners provide most of the funds, they will not participate in the investment and operation of slope industry funds. General partners provide good investment management and decision-making, realize fund profits and receive investment returns, and limited partners provide funds. Ultimately get a return on investment.

Zheng Wentong promised investors of the Slope Industry Fund that the return on investment is 20%, requiring investors to lock up for 36 months and withdraw after 3 years.

This means that other investors will hand over a huge amount of 45 billion to the slope industry funds. After 36 months, the 45 billion funds will generate a total of no less than 27 billion in income.

Of course, if the 50 billion becomes 100 billion, or even 200 billion, Zheng Wentong only needs to pay 72 billion principal plus income to investors other than Kaipuhai International Investment.

If the slope industry fund loses money, then the 6 million principal of slope investment and Puhai International Investment will have to bear a greater proportion of the loss.

The Slope Industry Fund is actually more like an enlarged version of the Slope II Industry Fund, with a longer period of three years and a larger capital scale, from 5 million to 50 billion.

Many GPs even set the investment ratio at 1%, LP investment ratio is as high as 99%, and it is very conscientious that slope investment and Puhai International Investment as promoters have a contribution ratio of 10%.

If three years later, the scale of the Slope Industrial Fund reaches 200 billion, after deducting the 64 billion principal plus income returned to LP, and then deducting the actual operating costs of the fund, Slope Investment and Puhai International Investment will be divided according to the ratio of 7 to 3. Divide the remaining proceeds.

The 3 million invested by Slope Investment in the Slope Industrial Fund will be exchanged for an astonishing income of at least 5000 billion. This is the charm of capital operation.

Of course, if the slope industry fund loses, for example, 10 billion, then slope investment and Puhai International Investment will bear the loss of 5 million, and other investors will share the investment loss of 5 million.The most obvious truth of the capital market is that high risk brings high return.

At the inauguration ceremony, Yi Zhongnan, head of the Pujiang New Area, Wang Bin, chairman of Puhai International Investment, and Zheng Wentong, president of Slope Investment, unveiled the plaque for the Slope Industry Fund.

Yi Zhongnan delivered a speech at the unveiling ceremony, "The establishment of the slope industry fund marks the addition of a large-scale equity investment fund in the Pujiang New Area. The slope investment is an excellent representative of private enterprises in the Pujiang New Area, and Puhai State Investment is also state-owned. The capital investment platform is also a strong combination of state-owned capital and private capital this time."

"The establishment of the slope industry fund this time is to hand over professional matters to a professional management team. There is a sequence of hearing, and there is a specialization in the technical industry. I also hope that the slope industry fund can better help Puhai and The economic development of the Pujiang New Area can support a group of outstanding Internet start-ups, accelerate the development of the Internet industry, and help the real economy realize transformation and upgrading."

"Both the city and the district attach great importance to the work of investment funds. They have been taking care of and promoting financial service innovation, deepening the layout of private equity fund institutions and investment industries, constantly optimizing the ecological environment, and actively resolving and preventing financial risks. I also hope that the slope industry fund will Under the leadership of Chairman Zheng Wentong, we can achieve faster, better and more stable development and realize a virtuous circle of economy and finance.”

Yi Zhongnan's instructive speech won a round of applause from everyone. Zheng Wentong, chairman of Slope Industry Fund, and Wang Bin, vice chairman, made brief speeches later.

Xiong Xiaoge from IDG Capital, Pusi Investment from President Wang, Moliang Capital from Huang Zheng, Yu Jianjun from Himalaya, Xu Yi from Station B, Qu Fang from Xiaohongshu, Cai Haoyu from Mihayou, and representatives from Jinxing Venture Capital all attended this ceremony.

Xiong Xiaoge and Yu Jianjun sat together and chatted, "Zheng Wentong, when I first met him, he could only mobilize hundreds of millions of funds at most. Now it's terrible, and he can mobilize tens of billions of funds. The slope system has finally become a thing!"

"Who says it's not? Compared with your IDG, Sequoia Huaxia, Hillhouse Group, and Capital Today are of course still far behind, but their development time is also short."

"In fact, Shili and Puhai International Investment suggested that the fundraising scale of the slope industry fund should be set at between 80 billion and 100 billion. However, Zheng Wentong took the initiative to reduce the scale and set the fundraising target at 50 billion. As a result, the enthusiasm of investors It's beyond imagination." Yu Jianjun revealed the inside story.

"Just kidding, Zheng Wentong himself set the exit time of the slope industry fund as 36 months, and promised an annual return on investment of 20%. If you invest 100 million, you will get 160 million back in three years. If it were you, wouldn't you invest?" Xiong Xiaoge Say.

"If it were someone else, I might not really be able to invest. After all, investment is risky, but who made Zheng Wentong such a talented investor so famous?" Yu Jianjun spread his hands.

Xiong Xiaoge looked at the high-spirited Zheng Wentong. He was actually very optimistic about Pinduoduo, a star project. Who would have expected that Zheng Wentong's slope investment would actually invest in Pinduoduo before IDG Capital?

There are three reasons why Zheng Wentong was able to launch an equity investment fund with a total fundraising amount of 50 billion together with Puhai International Investment.

First, Zheng Wentong’s brilliant record in equity investment. Slope Investment has participated in the Noon Sunshine, Station B, Himalaya, Mihayou Technology, Xiaohongshu, Pinduoduo, Hey Tea and Naixue’s Tea and many other companies, And the valuations of these companies have risen sharply.

Second, the great success of Slope No. 5 Private Equity Fund and Slope No. [-] Private Equity Fund.Zheng Wentong successively issued two private equity funds of [-] million yuan, and the partners who bought these two funds have tasted the sweetness.

It is true that Zheng Wentong, the two private equity funds, is the biggest winner. With the help of Slope No. 5 private equity fund, Zheng Wentong invested a total of 6330 million yuan, and obtained about half of the equity of Yanjing Pony Galloping Horse. The current value of this part of the equity has exceeded 25 billion.

The same is true for the slope No. 1 private equity fund. The slope investment invested a total of 2000 million, and finally reaped a profit of 3 million.

Third, there is a good cooperative relationship between Slope Investment and Puhai State Investment.In the process of Slope Investment's ownership of Galloping Horse, Zheng Wentong introduced Puhai International Investment as a strategic partner.

Puhai International Investment bought 1% of the equity of other investment institutions headed by Xinzhongli with 6000 million yuan.

By the time Wanda Cinemas took a stake in Galloping Horse, the stake was already worth 4 million yuan.Puhai International Investment transferred 5% of the equity to Wanda Cinemas, and returned 2 million yuan of capital. At the same time, it also retained 5% of Yanjing Pony Galloping Equity, which is currently worth more than 2 million yuan.

Therefore, in the B-round financing process of Interconnection, Puhai International Investment took over 1% of Interconnection Equity of Ramp Investment with 10 million yuan.

With the above three reasons, Puhai International Investment is also more active in the establishment of the slope industry fund, and invested 1 million.After all, the 5000 million that Puhai International Investment bought a 10% stake in Galloping Horse has become the current 1.6 million.

Puhai International Investment is very interested in Zheng Wentong's plan to merge Universal WIFI and Master Key, as well as Weike Xinke's A-round financing plan. Otherwise, Wang Bin, as the chairman of Puhai International Investment, would not have to come personally Slope industry fund platform.

Moreover, Zheng Wentong has been in contact with various investment institutions on Hong Kong Island, and has close contacts with Cheng Wei, vice president of Deutsche Bank's Asia Pacific region. Deutsche Bank is very interested in re-operating the listing plan of Galloping Horse on the Hong Kong Stock Exchange.

If Yanjing Galloping Horse can be successfully listed on the Hong Kong Stock Exchange this year and next, the value of the equity held by Napuhai International Investment is expected to double again. When Wang Bin sees Zheng Wentong, it will be like meeting the God of Wealth.

Thinking of this, Xiong Xiaoge said to Yu Jianjun, "Actually, I feel that Weike Xinke's development path is more similar to that of Penguin. The difference is that Brother Xiao Ma is in charge of the company's operations, Liu Chiping is in charge of investment, and Zheng Wentong manages the two activities alone. It's all done."

"Compound talents like him who understand both investment and operations are rare. The most outrageous thing is that he is just an ordinary 211 undergraduate." Xiong Xiaoge felt that he and Zheng Wentong would meet in the capital market in the future. Undoubtedly a lot higher, after all, the slope system at this time can be regarded as a new force in the capital market
Zheng Wentong didn't know what Xiong Xiaoge was thinking, he was busy talking with Yi Zhongnan about his recent work.

Yi Zhongnan said: "Every time I visit the slope, I always feel that it is changing with each passing day."

Zheng Wentong said: "Actually, the policies in the district are better, and the streets also provide a lot of convenience."

Yi Zhongnan said: "You don't need to put a high hat on us. Our principle is not to interfere with the normal operation of the company, but we must also guard against financial risks. The city has listed the Shi Nanxiang case as a typical example, and will focus on checking whether Internet finance companies are Regulatory operation."

"Dean Feng Qingsong's internal reference article, I have also read it here. Every word is very helpful to solve the long-standing problems in the Internet financial industry, and it also provides practical suggestions. I noticed that Dean Feng He is the supervisor of the Slope Charity Foundation, you should have known each other a long time ago, right?" Yi Zhongnan pointed out.

"I participated in the school debate team when I was in college, and Dean Feng was the leader of our school's debate team. The legal counselor of our Slope Investment graduated from the Law School of the University of Finance and Economics. She recommended Dean Feng to me as the supervisor of the Slope Public Welfare Foundation. , I just got acquainted with Dean Feng." Zheng Wentong said.

"I went to Yanjing to participate in the Two Sessions. The leaders of the Ministry of Culture also noticed Li Ziqi's contribution to promoting Chinese culture on Weiyin. Don't just remember to promote the bamboo weaving in his hometown, you might as well ask Li Ziqi to do a Shanghai-style culture as well. topic." Yi Zhongnan said.

"I have also considered this aspect. At present, Puhai culture is less and less reflected in film and television works, and there is even no soil for the existence of Puhai dialect."

"We at Slope Investment are planning to hold a Shanghai-style cultural script writing competition to reward those scripts that reflect the local customs of Puhai. We will first consider moving the script to the Puhai Drama Art Center, and then consider making the script into a TV series." Zheng Wentong said about the draft .

Yi Zhongnan was very happy and praised Zheng Wentong, "Your idea is very good. The script must be selected from the best and not shoddy. After the script is out, you can discuss it with Hu Xinglin from the Puhai Drama Art Center. After the rehearsal is finished , I will go to check and accept the results with the city leaders."

　I'm coding Chapter 3, upload it immediately after coding, today is the heroine's birthday, if you have time, please click happy birthday on the character map, it's free, thank you!

　　
　
(End of this chapter)