The 14th Term: Zheshang Sharon will be held at the Star set

No. 14 VIP Zheshang salon-cum-capital investment in the club photo

14 Salon Opening

Midfielder free exchange

Dinner member friends who continue to share

76 is two mysterious digits. In the warlord-governing period, the Kuomintang central executive committee’s spy branch was named as 76. Of course, as the time goes by, it’s unnecessary to talk about this “Wang Jingwei Regime”, or “spy”, after all, those are not suitable for our topic. While, No. 76, Bai Le Qiao, Lin Yin where our 14 VIP Zhejiang Merchant Salon has been held triggers our imagination and fantasy a bit.

Member witnessing the growth of Salon

Actually, No. 76 Bai Le Qiao is a chamber located on Lin Yin branch path. Although it’s pretty hidden, but it’s not mysterious. Here, not only the green trees and the sweet-scented osmanthus could be everywhere, but also the location is near to Lin Yin temple. According to the introduction of the chamber owner, every early morning, the bell ring could be heard from the temple. He hope this ring could bring good luck to all guests in the chamber.

With the owner’s blessing, No. 14 VIP Zhejiang Merchant Salon has been started from the afternoon of 21st, Oct. Maybe the sweet-scented osmanthus makes all members relax very well, all participants sit casually on the soft sofa in twos and threes without any formal meeting procedures. Everyone could present his own idea actively, and share the life in capital operation. There’s a member whose story moves us a lot, who came to Hangzhou from Wu’han, Hu Bei in the early morning flight. All member’s sincerity witnesses the VIP Zhejiang Salon’s growth.

Topic opens the communication door

Frankly, the section of self introduction in this salon has been excellent enough. Quoted from Mr. Cai Hua – General Secretary of Zhejiang Provincial Zhejiang Merchant Capital Investment Promotion Association, this party is a salon without a emcee. The alive discussion is pretty heated, and the number of participants has made a breakthrough on the historical records. The following is from part members’ speeches.

Topic 1 What is the influence on the Chinese enterprises from the worldwide economic crisis?

Topic 2 Why the average profit ration for the real industries maintains at 3-4%, while currently, the private capital’s returning profits require 15% around?

Topic 3 If your enterprise could hold some amount of idle fund, how would you like to invest?

Lou Jian Zhong (Chair-man of Zhejiang Yue Du Holding Group): the world economic crisis has been formed by American credit crisis. You can say, it could influence China, while also not a big one. The Chinese enterprises development shall tend to be multi-faceted, it would be great if everything could be formed in “round”. The operation of enterprises needs a complete flow curve, such as, in three years, it shall reach the requirements of IPO, then the issue of how to make it IPO shall be described in this curve.

My notion is to share my wealth with others, of course, I won’t donate it to the charity organization, I would love to lay a solid base for the enterprise development with the money. I have some ideas on how to find the funds. If you need 5 million, please go to the bank, if you need 10 million, please call Zhejiang Merchant Capital Investment Promotion Association who is born for matching funds with projects.

Liu Chuang Wei (Supervisor of Zhejiang Mingli Lawyer Firm): I would like to talk about the capital, that’s the issue of 3%, 4% and 15%. Actually, the formal financial institute requires one more borrowing list than the private loan. But the former focuses more on the environmental property, even the customer has the villa, fancy cars, but the property is not high, they would regard the environmental property weak. While the small-amount loan companies lower the requirements, that’s why they could earn the high profits with the big risks. And with the whole environment changes, and People’s bank has released 9 industries’loan forbidden policy, then that made it more difficult for those 9 industries to get money, which also increases the chances for the small-amount loan companies.

Jiang Ming Huan (Advanced Investment Manager of Ningbo Jing Run Capital Operation Co., Ltd): Resources, environment, industrial chain, anti-dumping profits, dollars devaluation, Chinese currency appreciation, all bubbles have been formed. Eventually, the investors would retrieve all funds, thus the economic crisis in the southeast Asia and Japan has been caused. Some changes have to be made in thoughts. Such as the democracy on politics, all people shall be granted the knowing rights. Co-operation in economy, harmony in society, innovation in culture, we shall act like American who is always standing on the No.1 worldwide. So, we should change our molds, and Indian has been made a good example on this aspect.

It’s difficult to get a loan. Mainly the financial innovation, from the common sense, the small enterprises shall have plenty of money. Which position shall the private capital be located? High, middle or low? If being a low status, then the company would never earn money. That’s why the real industrial companies shall increase the development budget. In China, lots of companies have not set up the research and development branch, although the working experience is important, but the science innovation is more important. In the past few years, money is so easy to earn in the foreign trade branding, but it has no technique content, that’s why most of Zhejiang enterprises have been engaged with this aspect. But it’s an innovation era, then most of the foreign trade companies are dead now. This is the power from the science and innovation.

If any idle funds available now, I would focus on the dollars devaluation and Chinese currency appreciation fields.

Li Nan (Chairman of Zhejiang Choose One Production Co., Ltd): It’s difficult to make any profits to invest in movies. But why I still persist on making movies? Take “Blind Date” as an example, the production fee is 50 million. But the advertisement fee in the movies is 70 million. That’s why I say, it’s difficult to make any money from movies, but we are still in it.

Shou Xing Lin (General Manager of Kun Peng Investment Management Co., Ltd): from my perspective, wealth management is getting more important. Of course, it’s up to the customers which investment method shall be favored. The reasonable property collocation on your own capital and investment is very vital. Such as, the normal folks prefer the low-risk products, such as the product we have released on 28th, Aug, which is related to the governmental finance and the profit ratio is 4.48%, the interest ratio is a bit higher than the bank saving, and sales is reaching to 1 billion in one week. The saving volume in China is huge, and now the folks are also willing to buy the governmental products which can maintain a stable situation. Under the circumstance of pre-inflation, the suitable purchase on the house is also good. For those who prefer the high-risk products, the capital would be tough in the next half year, and the folk borrow interest is back to above 6fen. Personally speaking, as a rational investor, the reasonable and scientific regulation on your own wealth is pretty crucial. If you couldn’t find your own way, you can ask help from some professional financing institutes.

As time goes by secretly, we have gained a lot of wisdom from the conversation. Finally, although some members couldn’t join the evening party due to some personal dates, but we can see clearly the sincerity and warmth from their eyes.