Chapter 120 Hands-on Teaching
"Zhang Ruojin also said something interesting," Shi Yanchen said with a hint of amusement in his voice, "She said that when she first approached you, she really wanted to find someone with good genes to have a child with. But when she saw that you were so difficult to deal with, she changed her mind."
Pei Song almost choked on the water: "She still mentioned this?"
"I warned her right there and then," Shi Yanchen said, "and told her not to say anything like that again."
"I understand," Pei Song put down the cup, "She knew from the beginning that my current ability was not enough to take charge of a project of this scale, but she insisted on asking me to take full responsibility, just to force you to step forward."
"She is indeed a smart person," Shi Yanchen said. "She knows when to give up and when to change direction. But I still have to be more careful when dealing with her in the future."
"I know." Pei Song nodded, "But with you watching, I'm not afraid of her playing any tricks."
These words warmed Shi Yanchen's heart.
He reached out and held Pei Song's hand: "Don't worry, I'm here and won't let anyone hurt you."
"Oh, by the way," Pei Song suddenly remembered something, "I have to send my mother to City M in April. Can I arrange it at this time?"
Shi Yanchen put down his knife and fork: "The early stage of the project is mainly about architectural design and personnel preparation, so there is definitely enough time. It's just right that we can take this opportunity to live in Europe for a while."
He added: "First, you can go to the headquarters of Country D to coordinate technical solutions. Second, you will go to several Swiss investment banks to discuss cooperation. I will take this opportunity to introduce you to some contacts in the international financial circle."
"You've planned it so quickly?" Pei Song was a little surprised.
"Of course," Shi Yanchen said with a smile in his eyes, "I have to balance work and life. Let's get Aunt settled first, and then go to our restaurant in City M. I haven't been there for more than half a year, so I have to go check on her situation."
"Luckily Aunt Zhang is back and can help me take care of MAX." Pei Song was a little worried, "It's so attached to us now, I'm afraid it can't adapt..."
Shi Yanchen said: "I have had people transform the smart home system in Heguangli so that people can interact with MAX videos through their mobile phones."
"You are so thoughtful," Pei Song said with a smile, "You even considered this."
The next month was incredibly busy.
That afternoon, Shi Yanchen convened the first core project group meeting.
The huge conference room was filled with heads of various departments.
The overall framework of the project is displayed on the projection screen, with intricate relationship lines connecting the various modules together.
"The International Financial City project will be implemented in three phases," Shi Yanchen said in a steady and powerful voice as he stood in front of the projector. "The first phase of infrastructure construction is expected to invest 40 billion yuan, including the main building of the digital currency exchange, the data center and supporting facilities."
He clicked on the next page of the PPT: "The most critical technical aspect is the architectural design of the trading system. The T+1 clearing model of traditional stock exchanges does not work in the field of digital currency. We need to design a completely new real-time clearing system."
Pei Song, who was sitting nearby, took notes quickly.
Although he was not familiar with some professional terms, Shi Yanchen explained them very clearly, allowing him to gradually understand the technical difficulties of the project.
"The second challenge is regulatory compliance," Shi Yanchen continued. "Currently, different countries have different regulatory policies on digital currencies. We need to reserve enough flexibility when designing the system to adapt to policy changes at any time."
Mr. Zhang from the technical department frowned: "Real-time settlement means on-chain transactions, but the TPS of the current mainstream public chains cannot meet the requirements of exchanges."
"So we have to build our own alliance chain," Shi Yanchen said, "The D country headquarters is setting up a technical team, and we will connect with them next week to discuss the specific plan."
The discussion lasted until eight o'clock in the evening.
After everyone else left, Shi Yanchen saw Pei Song still organizing his notes and walked over to him: "Is there anything you don't understand?"
"Well," Pei Song opened his notebook, "For example, this clearing system, why is the traditional model not applicable?"
Shi Yanchen sat down and patiently explained: "Traditional securities trading adopts the T+1 model, which means that today's transactions will not be cleared and funds delivered until tomorrow. However, the digital currency market operates around the clock and fluctuates greatly. Real-time clearing must be achieved to control risks..."
Before he knew it, it was already past ten o'clock. Pei Song rubbed his sore eyes and said, "I learned a lot today. I have never been exposed to these fields before."
"Take your time," Shi Yanchen said, "These all take time to digest. Let's go home and rest. MAX must be waiting anxiously."
A week later, the project entered the substantive preparation stage.
That day, Shi Yanchen took Pei Song to meet representatives from several large investment banks.
At the critical moment of the meeting, Shi Yanchen suddenly said: "Regarding the revenue model, let Manager Pei explain it in detail."
Although Pei Song did not expect to be called out suddenly, he quickly calmed down.
He skillfully switched to the financial forecast page and began to introduce in fluent English: "We have made detailed profit estimates. The focus in the first year is infrastructure construction, and the income mainly comes from membership fees and custody fees. In the second year, we will enter the trading stage. According to the current average daily trading volume of the digital currency market, we conservatively estimate..."
A representative from a well-known international investment bank questioned: "Isn't your prediction that you will break even in the third year too optimistic?"
"This forecast is supported by detailed data," Pei Song pulled up relevant charts. "Based on our previous project experience, as long as the initial investment and returns can match, it is entirely possible to break even in three years. For example, the actual break-even point of the 'Happy Elderly Home' project that I was previously responsible for was six months earlier than expected..."
On the way back, Shi Yanchen said: "I performed very well today, especially in answering questions, which was both professional and convincing."
"Thanks to my previous experience in leading projects," Pei Song said, "at least my negotiation skills are not too unfamiliar. However, this is my first time negotiating at this level, so I still need to learn more."
"You already have a very good foundation," Shi Yanchen said. "The next step is to expand your vision and take a longer-term view. This project is a great opportunity."