 The quick collapse of the Liao led to more negotiations between the Song and the Jin . Jurchen military success and their effective control over the Sixteen Prefectures gave them more leverage . Aguda grew increasingly frustrated as he realized that despite their military failures the Song still intended to seize most of the prefectures . In the spring of 1123 the two sides finally set the terms of the first Song – Jin treaty . Only seven prefectures ( including Yanjing ) would be returned to the Song , and the Song would pay an annual indemnity of 300 @,@ 000 packs of silk and 200 @,@ 000 taels of silver to the Jin , as well as a one @-@ time payment of one million strings of copper coins to compensate the Jurchens for the tax revenue they would have earned had they not returned the prefectures . In May 1123 Tong Guan and the Song armies entered the looted Yanjing . 
 The quick collapse of the Liao led to more negotiations between the Song and the Jin . Jurchen military success and their effective control over the Sixteen Prefectures gave them more leverage . Aguda grew increasingly frustrated as he realized that despite their military failures the Song still intended to seize most of the prefectures . In the spring of 1123 the two sides finally set the terms of the first Song – Jin treaty . Only seven prefectures ( including Yanjing ) would be returned to the Song , and the Song would pay an annual indemnity of 300 @,@ 000 packs of silk and 200 @,@ 000 taels of silver to the Jin , as well as a one @-@ time payment of one million strings of copper coins to compensate the Jurchens for the tax revenue they would <a href='been_done' title='1'><mark>have</mark></a> earned <a href='been_done' title='2'><mark>had</mark></a> they not returned <a href='None' title='3'><mark>the</mark></a><a href='negative_concord' title='4'><mark>prefectures</mark></a> . In May 1123 Tong Guan and the Song armies entered the looted Yanjing . 
Da quick collapse of tdaLiao led to more negotiations between the Song and the Jin . Jurchen military success and their effective control over the Sixteen Prefectures gave them more leverage . Aguda grew increasingly frustrated as he realized that despite their military failures the Song still intended to seize most of thdarefectures . In the spring of 1123 the 2 sides finally set the terms of the first Song – Jin treaty . Only seven prefectures ( including Yanjing ) would b returned to the Song , and the Song would pay an annual indemnity of 300 @,@ 000 packs of silk and 200 @,@ 000 taels of silver to thedan , as well as a one @-@ time payment of one million strings of copper coins to compensate the Jurchens fa the da revenue they would done earned done they not returned no prefectures . In May 1123 Tong Guan and the Song armies entered the looted Yanjing .