It's like eating food, you can't become fat by eating all at once. No matter how much food you have, you can't finish it in one meal.

Therefore, the development of a company also needs sufficient time to grow and become strong. It's not like a newly established company can become an industry leader overnight or a Fortune 500 company.

Raising funds too early won't result in much capital, and you'll have to give up a large portion of shares instead.

The more shares you give up now, the bigger the loss to your own interests.

Currently, Anguo Group has its own bank. Deposits at Anguo Bank amount to more than 400 billion yuan. This huge fund naturally needs to be invested. Without investment, where does the profit come from?

If there's no profit, the interest paid daily would be a huge figure.

Moreover, the transactions generated by the Quiet Online Supermarket every day, and the balance of member accounts on Quiet Pay accounts, including consumer payments to merchants on the Quiet Online Supermarket, all have a settlement cycle.

For example, individual merchants opening stores on the Quiet Online Supermarket have their sales funds temporarily held in their Quiet Pay account. Only after consumers confirm receipt without issues, will the money finally be transferred to the merchant's personal Quiet Pay account.

If the products are self-operated by Quiet Online Supermarket, there's also a settlement period, usually thirty days, at the minimum, it's thirty days. Meaning by the end of this month, you settle the previous month's sales payments.

So after a product is sold, the funds remain in Quiet Online Supermarket's account for at least thirty days before transferring to the supplier's hand.

If you calculate the median value, that's a solid 45 days.

Based on the current daily turnover of Quiet Online Supermarket, the daily turnover reaches 300 million yuan, and for 45 days, it's roughly equivalent to 15 billion yuan in funds.

This money stored in the Quiet Pay account can certainly be used for investment. Anyway, it's idle funds, even if used, there won't be a financial explosion.

Because new funds enter the Quiet Pay account daily, there's always around 15 billion yuan in the account, only increasing as the business gets better and daily turnover grows, so the money staying in the Quiet Pay account will only increase.

Of course, although this money is temporarily stored in the Quiet Pay account, it's actually kept in the bank, and Quiet Pay earns a bit of interest at most.

Quiet Pay is relatively convenient and fast, without the hassle of inter-bank transactions, so more people are using it. Lots of frequent online shoppers even recharged their Quiet Pay balance directly.

Then, the issue arose, because this is illegal.

Quiet Pay belongs to a "third-party settlement company." According to national regulations, for risk control, third-party settlement companies cannot manage user balances but must entrust them to banks.

Thus, the person in charge of Quiet Pay, Zhu Guanghui, is unhappy and has complained to the boss Yi Anguo.

"Worrying about selling cocaine, earning cabbage money. How the hell are we playing this???" Zhu Guanghui swore indignantly.

This vice president responsible for Quiet Pay's operations is named Zhu Guanghui, a returnee expert in financial investment. He previously held a senior position at Merrill Lynch Investment Company in the U.S. After last year's financial turmoil, he returned to China and joined Quiet Pay as the Senior Vice President.

Yi Anguo thought of the future launch of Yuebao by Tofu Bao, directly competing with banks, driving Tofu Bao's balance to one or two trillion yuan, surpassing China Merchants Bank's deposit balance.

It's just that Tofu Bao hasn't launched its Yuebao business yet. If Quiet Pay launches it first, who knows if the current conditions are suitable, or if they'll be targeted?

So, Yi Anguo told Zhou Guanghui about the concept and idea of launching Yuebao financial management.

"This Yuebao is different from Quiet Pay's balance; it's a financial product that can be managed by Quiet Pay!"

"Yuebao connects to a fund under a foundation, called 'Some Yuebao Money Market Fund.'"

"This thing doesn't charge fees for recharging or withdrawals, can be deposited and withdrawn anytime, and its interest rate is higher than banks. For ordinary people, it's much higher than bank current interest rates."

"Boss, your idea is not bad, but if we offer much higher interest rates than banks, and give it to others, what do we earn?" Zhu Guanghui asked after thinking.

"If it's an investment, we have no short-term gains. For long-term, the risks are uncertain, and our returns are also unpredictable."

"Wouldn't this kind of operation be a bit risky?"

Yi Anguo smiled and said, "If we have the money in our hands, are we still afraid of not earning money? This is like competing with banks."

"Think about it, if people put their money with us, won't the banks have less money?"

"Let me give you an example. The logic of banks making money through savings is through interest rate differences."

"For instance, you deposit 100,000 yuan in the bank, the bank gives you 0.35% interest, then the bank turns around and lends this 100,000 yuan to Neighbor Lao Wang who wants to buy a house, asking him for 8% interest. The 7.65% interest rate difference in between all goes into the bank's pocket."

"The idea of our Yuebao is to act as a middleman, outsmarting the bank."

"Originally, people's money was deposited in banks, now it transforms into being saved in Yuebao, the bank will face a cash shortage. With a cash shortage, they can't lend out, not able to lend means they can't make money!"

"At this time, our Yuebao can take everyone's money to the bank, smirking and asking them, are you short of money? Should I deposit it with you? Just give me a bit more interest."

"Earning a little is better than nothing at all, so the bank compromises, agreeing on negotiated deposits with Yuebao."

"Many banks have negotiated deposits with much higher interest rates than the benchmarks."

"Let me give another simple example. A village with hundreds of households, none particularly wealthy, with a few tens of thousands of yuan in surplus per household each year, can only earn a meager 0.35% benchmark interest rate (for current accounts) when they save money in banks. Very poor indeed."

"So, the village head came up with an idea, pooling everyone's money together to several million. Then, taking these millions to negotiate with the bank, the bank would offer a high-interest rate as if seeing their father, possibly as high as 4%, and then the village head would redistribute the extra interest to the villagers according to their contribution."

"In this scenario, the villagers are Yuebao users, and the village head is Yuebao."

"Our Yuebao makes banks give up part of the interest rate gap they were earning to users, and we earn some 'fees' in between, cutting banks off."

"The logic is so simple, the returns we offer to Yuebao users aren't constant. Even though there's basically no risk, there has to be risk disclosure."

"If we deposit money in the bank, it's possible the bank might collapse, and then we might not be able to withdraw all the money."

"So, there's no 100% risk-free. Even if there were, we can't promise 100% risk-free."

"What if some unforeseen event happens?"

"The specific execution is up to you. Anyway, this is all I can tell you. After all, in this area, you are the most professional."

"Boss, you're already incredibly amazing. I wouldn't dare claim to be a professional in front of you; your investments never have losses!" Zhu Guanghui quickly said in admiration.

"Just based on the concept you just outlined, ordinary people wouldn't think of it, and this plan is actually very feasible."

"I believe once we launch it, the effect will be exceptional, not only competing with Taofu Bao in the payment market but also boosting Quiet Pay's turnover. We can also earn a considerable fee in between."

"This method of operation is simply killing multiple birds with one stone! Apart from being the boss, with the ingenuity to come up with such a genius idea, no one else can think of such a good solution."

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