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Chapter 780: Chapter 328 Clearing the Obstacles
Zuo Zongcai had been incredibly busy recently.
Gu had several complex overseas company structures already in her name, which were sporadically filled with some assets. Lately, Zuo Zongcai’s most important job was to stuff more things into them.
In fact, in her later years, Gu Jiuyue had controlled a fund like this, but history had already taken a turn. At her strong insistence, the domestic main platform had been renamed Tianyi Investment Holding (Group) Co., Ltd.
The ultimately shaped Tianyi Holding would have about ten billion in market value. Its structure would include two billion in cash, An Yue Property Management Company, Hongyue Overseas Investment Fund, Lanyue Financial Management Company, 4.18% shares in Byte, 9% shares in BILI, Kaiwo Group, Jinling Chang’an, Kuangshi Technology, Huayun Data, Tianshu Zhixin, and so on and so forth.
That "and so on and so forth" omitted over a hundred start-up companies.
Gu Tongshu, hard-mouthed and soft-hearted, grumbled about how Zuo Zongcai was helping the "puppy" deceive him out of his money, but when it came to allocating assets for his daughter, he transferred all the emerging tech companies he had invested in over the recent years to her.
All concentrated in emerging fields like new energy, big data, artificial intelligence, and intelligent interconnected manufacturing.
From Su Huai’s perspective, they were all top-notch assets.
If even one-tenth of them survived, it would be like lying down and picking up money.
But among them were also grains of sand—the financial management company responsible for the entire group’s financial management, as well as financial oversight of invested companies, was headed by a supervisor one hundred percent dispatched by Gu Tongshu.
As for the overseas investment funds, they mainly engaged in cross-border ETF arbitrage and foreign exchange differential, with a scale of only about five hundred million US dollars and an annualized return rate stable between four to six percent.
Hmm, in Su Huai’s view, Hongyue could also be seen as a reserve piggy bank for Heaven’s Will.
After roughly setting up the assets, Zuo Zongcai visited the school to meet with Gu Jiuyue and Su Huai. During the meal, he reminded them with a meaningful tone, "You can spend money, Mr. Gu won’t stop you if he’s willing, but you must recognize one basic concept while spending—power comes from ability, not position. The number of people watching you is far more than you’d expect..."
Those words were directed at Su Huai, it had nothing to do with little Gu.
Because everyone was clear, even though it was little Gu who stood out to give orders, it was definitely Su Huai who was making the decisions behind the scenes; Yueyue had no interest in running a group company.
In fact, each department was staffed with capable and strong leaders. Whether she managed them or not, everyone worked just the same.
"I don’t have time to help you manage the group, Yueyue, you should pick a chief assistant for yourself first."
Zuo Zongcai opened the tablet to show Gu Jiuyue the list.
"The first few are orphans your family has supported from childhood; the ones at the back have been cultivated since university with Gu’s scholarship fund. See who you fancy and have them come in for an interview."
Su Huai followed the list for a while, almost dazzled by their educational credentials.
To make the list, Qingbei or Jiao Tong University undergraduate degrees were basic, graduate degrees were mostly from world-renowned universities, double majors, cross-disciplinary studies, and internships so impressive they shined...
Any one of them randomly picked could command a salary of millions.
He couldn’t help but ask, "When did the Gu Clan start sponsoring orphans?"
"Over 20 years ago. The oldest of those beneficiaries are almost 40 now."
Zuo Zongcai looked at Su Huai, smiling and winking: "The Gu Tongshu you perceive and the real Gu Tongshu differ a bit ~~~"
Su Huai pursed his lips, without uttering a word.
Gu quickly made her choice, pointing to a woman and asking for Su Huai’s opinion, "Susu, what do you think of her?"
Hua Yanqing, female, 28 years old, Tsinghua law undergraduate, dual Master’s in management and accounting from University of Pennsylvania Business School, over twenty various certificates, one year of internship in the investment banking department at Goldman Sachs, and has been interning at Gu Corporation’s general office since her return to the country.
Her appearance was quite pretty, with a bare-faced photo scoring 80 points, and a rather cold demeanor, overall giving the impression of a leading lady type from modern workplace dramas.
Compared with other candidates, her disadvantages were age, her advantages were beauty and gender.
—There were a few men aged 35+ on the list, with more impressive resumes, clearly demonstrating stronger abilities and stability.
"Hmm, quite impressive, but what you like is most important."
Su Huai didn’t offer any opinions; her chief assistant should rightfully be her own choice.
"Then let’s go with her and Mo Honghong."
Gu Jiuyue quickly made up her mind and chose two women.
In truth, a male chief assistant would be more resilient; the position wasn’t meant for personal attendance but to run around and work hard, like Zuo Zongcai demonstrated. 𝚗ovp𝚞b.𝚌om
But if little Gu was happy to use women, naturally Su Huai would support her.
"Then you should take some time to interview them, and afterward, we can start our first deal."
"Chu Changkuo’s loan?"
Gu Jiuyue knew a bit and inquired without much enthusiasm, "Why give the money to him?"
"Because we don’t have a suitable investment target right now, and won’t find one in the short term. So, leaving that two-billion cash idle in the account would only allow for the most basic interbank management, with an annual interest rate not exceeding 1.8%. Therefore, we need to put that money to work first."
Su Huai explained patiently, not only for her but also for Zuo Zongcai.
"Fund management is a long-term systematic project; short-term liquidity, medium-term coverage ratio, and long-term expected return must be organically integrated. We can’t be too aggressive or too cautious. Providing a one-year loan to Kuokuo’s family won’t earn much, but it can avoid the waste of leaving funds idle and also demonstrate the abilities and tact to the group’s executives—it’s killing several birds with one stone."
"Oh!"
Gu Jiuyue suddenly realized, "You really know a lot!"
