"Let's put this matter aside for now. Write a detailed report for me later. I have a feeling something's not right, but I can't quite put my finger on it. Your idea makes me feel very uneasy," Director Yu said.
"The only risk is that Huahong Bank provides guarantees for them, and if the loan applicants can't repay, Huahong Bank will lose money," Xing Baohua said.
"Why take such a big risk?" Director Yu asked curiously.
"This is a very macro-level strategy. To be precise, with the interconnection of cities via the internet, the number of computers will increase, the more people who know how to use them will be exposed to more new things, and the benefits of the internet will follow."
In China, there are only two computer companies that can compete: DaMi and Lenovo. If you want my loan, your computer business has to be DaMi. I earn the guarantee fee, and I also earn the profit from the computers. I'm confident I can reduce the cost of the computers to below 10,000.
Next, I will open a few more websites to maintain the traffic volume and bring together those who sell goods online on one website, so that companies or individuals with needs can place orders.
This way, you can know what the goods look like without leaving the company or your home. Then you can inquire in detail via phone or email. Pay, ship—it's that simple!
Xing Baohua spread his hands as he spoke.
Everyone looked at Xing Baohua, then pondered the meaning behind his words. It sounds simple, but is it difficult to put into practice?
But I also think it's a great idea. It gathers all the specialties and products from various provinces and cities together, like an exhibition, and you can browse the products through a computer.
If you don't understand something, just call or email to ask, which greatly saves on business trip expenses. As a result, many companies' purchasing departments will have to lay off staff!
Sacrificing a small department for the convenience of everyone seems like a good idea.
In such a short time, Xing Baohua couldn't possibly cover everything. As it got later, everyone wrote down some of what Xing Baohua said, intending to study it carefully later.
As for subsidies, that's a very difficult issue.
This matter will be put on hold for now, until we've figured out the details. Then we'll break it down in more detail. Of course, they'll also consult with advisors from the Chinese Academy of Social Sciences to get their opinions.
Exhausted, Xing Baohua returned to her residence and saw Zou Wenjuan wearing a lace camisole nightgown, which made her feel even more tired.
Having a child these days is really tiring. Thinking back to his college days, having a child meant spending money without expecting anything in return. That's why he didn't have any children before he transmigrated.
Now that conditions are better, wow, you still have to spend money to have children.
The worst part is that after eating only highly nutritious foods, your mouth will taste like fish.
If fate truly leaves me childless, upon retirement, I'll keep a small amount of pocket money and donate the rest.
After a long night of hard work, Xing Baohua really didn't want to get out of bed. There were a lot to do today too. He had arranged for Yu and his team to visit Huahong Electronics in the afternoon, and he also had to go to the company in the morning to make some arrangements.
As soon as Huang Xingyao arrived at the company, he was waiting at the door of Xing Baohua's office, and Yu Shenghai was talking to him.
Upon seeing Xing Baohua arrive, the two stood up.
"I'm sorry I'm late," Xing Baohua said, opening the door and inviting the two in, asking Secretary Dong to arrange for someone to make some tea.
As soon as Xing Baohua sat down, he joked with Huang Xingyao, "Old Huang, how's it going with being invited around every day?"
"Being invited once or twice is respectable, with people fawning over you and making you feel like a superior person. But it gets unbearable after a while! Having girls drinking with you and then getting scolded by your wife when you get home is not a good thing." Although he complained, he seemed to enjoy it.
Xing Baohua pointed at Huang Xingyao and said to Sheng Hai, "This old bastard is acting innocent after getting a good deal. Old Huang, what do you want from me?"
"The question they asked me most was how many market makers I needed to run the IPO. They gave me some promises," Huang Xingyao said.
"You confiscated the money and gifts!"
"How could I dare! If I accept it and can't make any promises, I'll be dead!" Huang Xingyao said with a bitter face.
Has Mitsui Tousaburo contacted you?
"I've looked for it."
“You can accept his. In a couple of days, you’ll come with me to Japan. You can meet with him and take whatever he offers. After you’ve taken it, write down a list and give it to Lao Yu when you get back. I’ll sign it to show that I agree to this,” Xing Baohua said with a slight smile.
Huang Xingyao finally breathed a sigh of relief. With Xing Baohua's endorsement, he could take it however he wanted.
He then showed Xing Baohua the newly established shareholding distribution table of Huahong Technology.
After reviewing it, Xing Baohua signed his name on it, indicating his approval of the share allocation.
"We got over 10 billion from the Eagle Group. Huahong Bank kept 5 billion, and the rest was all converted into US dollars and transferred to our domestic branches." Xing Baohua finished speaking and saw Huang Xingyao nod.
He added, "Have Huahong Bank develop a small loan program that will be used over the next few years. When I return from Japan, I'll meet with the presidents of China Merchants Bank and CITIC Bank to jointly open up the loan model. The domestic economy is about to rise, and we must seize this opportunity."
“In the mainland! Once the money is lent out, it’s hard to get it back!” Huang Xingyao said worriedly after a moment’s thought.
“We’re just a small branch, and we don’t even have a deposit business yet. How can we lend money out? I’ll try to contact as many banks as possible and get them to lend to us. We’ll provide the guarantee, and the guarantee will also incur a handling fee. Oh! Let’s come up with a few more plans using the installment payment method for real estate.”
As soon as Xing Baohua finished speaking, Yu Shenghai interrupted and asked, "Boss, I suggest that we leverage our branches in the mainland to become our headquarters in the mainland, spreading our operations everywhere. This way, we can also start lending. It's much better than letting other banks take the lion's share."
“That’s right! If we lend money to people from the mainland, what collateral do they offer?” Huang Xingyao said.
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