Chapter 207 Zhang Junfeng's Response (Updated)



Chapter 207 Zhang Junfeng’s Countermeasures (Updated)

In the Li family mansion, in the meeting room on the second floor.

"Director Yoon, are you saying that the Blue House will soon announce that it will restrict domestic financial institutions from providing large loans to companies, and also propose that large companies restructure and eliminate subsidiaries with non-performing assets?" Zhang Junfeng asked in surprise after listening to what Director Yoon said.

Mayor Yin nodded solemnly and replied in an affirmative tone, "Our source of information is quite accurate. There is no mistake about this."

"...So in the face of these things, Junfeng, how do you think the Five Star Group should deal with it in the future?" Li Jianxi stared at his son-in-law Zhang Junfeng with a smile and asked the confusion in his heart.

Looking at Zhang Junfeng's thoughtful expression, he thought to himself, it is a good idea to let Zhang Junfeng deal with this troublesome matter!

"I don't have any good ideas about restructuring the group and eliminating subsidiaries with bad assets. But since the Blue House has spread the word, I think this matter must be carried out."

"If my father-in-law doesn't want to have unnecessary conflicts with the Blue House, based on the current situation, we still have to proceed according to their requirements."

"… As for the loan applications submitted by enterprises to financial institutions, it is reasonable that the approval conditions have become stricter. After all, a large part of the reason for the previous financial crisis was the blind and disorderly expansion of enterprises, which resulted in all the funds on the bank side being borrowed by enterprises, and the bank side was in a financial crisis. It was unable to cope with external financial risks and shocks."

"However, there are also ways to work around this regulation. Although the loan review for enterprises has become stricter, there are no restrictions on personal credit loans. The Five Star Group can solve the company's funding problem in disguise by opening a personal credit card company and collecting a large amount of information submitted by ordinary people and applying for a personal credit loan from a bank."

"After these people get credit loans, a large part of the money will be invested in consumption. This is very beneficial to boosting the domestic economy. The Blue House will definitely not block it. It may even support this action in disguise."

Zhang Junfeng thought for a moment, and soon thought of the tricks of the credit card company in his previous life and told them to Li Jianxi and Director Yin. However, what consequences would a series of complex problems such as credit card companies overissuing credit cards, random approval of credit limits, and overdue borrowers cause? Zhang Junfeng did not intend to tell the other party all at once. After all, some things he said were too advanced. Instead, it would cause unnecessary trouble.

When Li Jianxi heard Zhang Junfeng's novel idea of ​​setting up a credit card company, his eyes lit up immediately. After thinking for a moment, he was soon tempted. He knew that the solution proposed by Zhang Junfeng was indeed one of the effective solutions at present.

After Zhang Junfeng came up with this idea, he planned to discuss the establishment of a credit card company with the group's senior management next week to open up new funding channels for the group as soon as possible.

Although Zhang Junfeng's proposal solved the current problem, Li Jianxi was still somewhat unhappy that he wanted to let go of the guy who wanted to "kidnap" his two daughters.

After a moment of silence, Li Jianxi spoke again and asked Zhang Junfeng about the recent changes in the international situation and the latest situation and suggestions on overseas investment.

However, Zhang Junfeng was a little sensitive about this matter. In response to his father-in-law Li Jianxi's questions, he only gave some superficial answers and did not reveal too much.

Overseas investment is Zhang Junfeng's main source of profit, and he doesn't want such a scheming guy to get involved.

Don't be fooled by Lee Jianxi's kind face. In terms of methods and scheming, he is definitely not inferior to Chung Ju-yung, the former chairman of Hyundai Group. Moreover, he and Lee Jianxi have few common interests, so he must be on guard. He doesn't want to make his special money-making channel public and let others get it for free.

When Li Jianxi met Zhang Junfeng, he found that this guy was very cunning and had no intention of falling into his trap. He was at a loss for a moment. After all, the situation of Zhang Junfeng, the son-in-law, was different from that of his son Li Zairong.

If it were Li Zai Rong, how could he have the guts to refuse to answer his questions in front of him? However, Zhang Junfeng's current strength, even if he is now in charge of the Five Star Group, he dare not say that he will definitely win.

Joking and making sweet remarks may really irritate Zhang Junfeng, which will not be a good thing for either him or the Five Star Group.

Seeing her husband Zhang Junfeng coming out of the study on the second floor with a calm look, Li Fuzhen, who was waiting in the living room, was curious and asked Zhang Junfeng what his father Li Jianxi discussed with him in the study. Li Zairong and Li Shuxian were also curious.

Zhang Junfeng smiled calmly, "My father-in-law just asked me for some opinions and told me to take good care of Shuxian when she comes to work at Galaxy Group. Don't let her suffer any grievances."

Hearing what Zhang Junfeng said, the three Li brothers and sisters smiled knowingly. This was quite consistent with their impression of their father. From childhood to adulthood, Li Jianxi, their father, loved them all. When they were young, they were bullied by several uncles' children, and it was their father who stood up for them and scolded the other children.

There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!

Perhaps because they had finished talking about serious matters, everyone in the Li family was quite relaxed in the following time. Li Zairong, who had a lot of ideas, took advantage of the gap between everyone's chats to ask Zhang Junfeng about recent projects worth investing in, and said that he had saved some money during this period of time, and planned to take advantage of this opportunity to invest with Zhang Junfeng to make some extra money.

Zhang Junfeng was naturally quite aware of Li Zairong's little thoughts. However, since the other party had already asked him, he couldn't keep it a secret any longer, and just said that he would be more optimistic about the Internet technology companies in the United States in the next two years.

However, Zhang Junfeng did not reveal the specific name of the company he was optimistic about, which made Li Zairong a little angry. He couldn't help but complain in his heart, "Zhang Junfeng is deliberately suspenseful, right? He only said half of the words, what about the other half?"

Nowadays, Internet companies in America are springing up in large numbers, hundreds if not thousands. Under such circumstances, which Internet companies can you invest in to make a steady profit has become the most critical link.

(End of this chapter)


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