Reborn, back to a small county town to become a wealthy family

Chapter 731 All Has Benefits
Yu Qingwan wasn't drunk yet and knew she should avoid suspicion.

Taking advantage of the opportunity to have Hua Xuanxuan help refill drinks for the group at the table, he came up to Luo Yang and offered him a toast.

"Mr. Luo, let me toast you."

"Director Yu, you're too kind."

Luo Yang smiled and clinked glasses with Yu Qingwan: "I should be toasting you."

"The customer is king."

Yu Qingwan lowered her wine glass by half an inch, clinked glasses with him, and downed it in one gulp. Then she smiled and said, "Especially for big clients like President Luo, he helped our Director Bu complete a loan disbursement task of tens of millions in just one dinner. We in the business department are all very envious."

"Director Yu is joking. We're just helping each other out."

Luo Yang joked, "If you really think about it, you guys are the client."

“Director Bu can be General Manager Luo’s client, but if he were in the management department of Wealth Bank, it would be the other way around.”

Yu Qingwan smiled and said, "To me, President Luo is the client, the person we serve wholeheartedly."

Although this woman in her thirties was trying her best to restrain herself, she still exuded charm in every gesture, especially when she spoke in a soft, sweet voice, which easily made people's minds wander.

Luo Yang leaned back subconsciously, creating some distance between them, and said, "I don't usually manage money at home. I'll introduce you to my wife when I have time. She majored in financial management and is good at managing money. You two should have a lot in common."

What nonsense! Old Jiang is right there.

"That's a good feeling."

Yu Qingwan happily ran back to her seat and grabbed her phone: "President Luo, let's add each other on WeChat so we can stay in touch in the future."

"Is Director Yu planning to take the wife's side?"

Bu Zhihao, being more experienced, noticed Jiang Yuanshan's gaze and immediately smoothed things over, saying, "Madam Luo not only manages Mr. Luo's private money, but also carries half of Mr. Jiang's money bag. This kind of customer is a VIP among VIPs!"

"Director Bu, there's nothing I can do about it. I just happen to be a woman."

Yu Qingwan chuckled. After adding Luo Yang on WeChat, she shook her phone at Bu Zhihao with a smile before returning to her seat.

The sense of proportion was just right.

After the alarm was lifted, Jiang Yuanshan turned his attention to Xue Jun and asked, "I heard that the credit cooperative is going to be restructured. Have you heard anything about it lately?"

"Ok?"

Xue Jun, who had just lit a cigarette, paused for a moment: "What does the reform of the credit cooperative have to do with you, Lao Jiang?"

"So you've heard some rumors?"

Jiang Yuanshan smiled and asked, "How far has it progressed?"

"No... you actually care?"

Xue Jun stared at Jiang Yuanshan for a long while; "Are you saying you're going to get involved?"

"Can not be done?"

Jiang Yuanshan raised his eyebrows: "Several companies under Yuanfan Group will be listed in the next few years. It is normal for the group to add a financial platform to its business. We can't rely on you large state-owned banks. Can't we get some shares in commercial banks?"

Why would you ask me about something like this?

Xue Jun chuckled and said, "We're just here as an expert team to listen in and offer suggestions. The real decision-makers are the leaders. With your abilities and connections, Lao Jiang, you can go directly to them. However, I don't recommend you get involved at this stage; it's easy to offend people. If you really want some shares, you can get them from me later."

"What, are there a lot of people watching?"

"How could there not be many?"

Xue Jun curled his lip and said, "First of all, there are those non-performing assets. Old Jiang, you know what that means. It's best to let them dissolve naturally. If someone is really eyeing this area and wants to squeeze out some profit, would those people be willing to do that?"

"Yes, it's hard to throw up what you've already eaten!"

Jiang Yuanshan nodded and said, "Everyone is watching closely. Hopefully, nothing will go wrong. It would be best if it disappeared naturally, which would be a happy ending for everyone."

"There are also the fixed assets held by credit cooperatives. They may seem worthless, but with proper management, they can still be put to some use."

Xue Jun continued, "The restructured commercial banks won't need so many. Most of them will be disposed of as burdens and made into asset-light entities. So, it's up to us who will take them over. The current opinion of the Municipal Financial Office is to divide them into several asset packages and offer them to several banks at a discount. We will use half of the cash to acquire them, and the other half will be converted into shares of the newly established commercial banks."

"Goodness, you guys are willing?"

"How could I not be willing?"

Xue Jun said with a smile, "We already suffered a broken bone, and we've already found a buyer to take over, so our banks definitely won't lose money."

"Yangyang, you analyze this."

Jiang Yuanshan actually had some idea of ​​what was going on, but he took this opportunity to bring Luo Yang into the conversation.

So he briefly repeated what Xue Jun had just said, and then asked, "How should fixed assets like these be managed to maximize profits?"

“Dad, the land used by supply and marketing cooperatives is generally state-owned land, and its original purpose is usually commercial land or warehousing land.”

Luo Yang quickly sorted out his thoughts and replied, "In order to ensure a smooth restructuring, the city is usually willing to offer some preferential policies, such as slightly changing the nature of the land use. You know, our city has a huge shortage of industrial land quotas every year, and we need to buy quotas from other places. Many enterprises in the townships below are queuing up for quotas. If they know there is such a good thing, they will definitely be willing to cut in line."

"Oh, Mr. Luo is also familiar with this?"

Xue Jun asked in surprise, "Did you also do some research on this?"

"Haha, Lao Xue, you didn't know that, did you?"

Jiang Yuanshan smiled smugly again: "My son-in-law studied architecture. He started working part-time at a real estate development company in Shanghai during his sophomore year. He rose to the level of director in just six months, and his annual salary before leaving the company was already close to one million."

Now it wasn't just Xue Jun; everyone present looked at Jiang Yuanshan with suspicion.

Sophomore year of college, part-time job, six months as a director, annual salary of one million.
Are you sure this isn't just a story?

"I knew you wouldn't believe me."

Jiang Yuanshan increasingly enjoyed the questioning gaze, and continued with a smile: "My son-in-law started from scratch and built up assets worth tens of billions in three years. What is a million-dollar annual salary compared to this?"

Yes
Everyone's eyes turned to Luo Yang.

This college graduate, who only graduated this June, has amassed a fortune of 10 billion yuan in just three years. Compared to this achievement, an annual salary of one million yuan is really nothing.

What a monster.

It's no longer enough to describe them as young and rich.
Yu Qingwan looked at Luo Yang with burning passion in her eyes.

Two beautiful legs in black stockings inexplicably intertwined under the table, unconsciously tensing up.

"Old Xue, which of your banks are involved in the asset package acquisition?"

After another round of enthusiastic toasts, Jiang Yuanshan privately asked Xue Jun, "We don't have much money to begin with, and you're offering discounts. It feels like the city is trying to get sponsorship from you guys."

"Hahaha, Old Jiang, you're always telling the truth."

Xue Jun laughed and said, "Each of our four major banks owns one or two percent of the shares, so it's just sponsorship."

"Just buy them all for me later."

Jiang Yuanshan smiled casually and said, "I'll invest a million or two for fun."

"Old Jiang, you really want it?" Xue Jun wasn't so easily fooled. After hearing Jiang Yuanshan's words, his expression became serious: "If you want to participate in the acquisition, it will definitely be after the restructuring. That will be a market-based activity. You know we are state-owned assets, so we certainly can't sell it off cheaply. At that time, the share price will definitely be calculated according to the market price of the newly established commercial banks."

"we'll talk about it then."

Old Jiang was no ordinary man; he would never easily reveal his true intentions. "If the price is inflated, then we'll wait and see. I refuse to believe that a credit cooperative can turn things around just by changing its name. Isn't that a slap in the face to the Big Four banks? In the end, it's just old wine in new bottles. What can they possibly come up with?"

"Hahaha"

Xue Jun burst into laughter, pointing at Jiang Yuanshan as he said, "I knew it, you're not the kind of person who would let others take advantage of you so easily."

The two men raised their wine cups and clinked them together while chatting and laughing.

"However, you are right about one thing."

After setting down his wine cup, Xue Jun smiled and said, "Now, the savings customers in Yang City are basically divided up by the four major banks, and the same goes for the accounts of enterprises and institutions. No matter how the credit cooperatives are reformed, they can't do without the cornerstone of savings. The key is that we've already taken a slice of this pie, so how can they turn things around?"

Savings provide banks with the necessary liquidity to meet customers' withdrawal needs and to issue loans.

Demand deposits are important because they can be withdrawn at any time, while time deposits are more important because they provide a relatively stable source of funds.

The level of savings rate directly affects the size of a bank's capital pool.

Whether it's individual savings accounts or accounts held by enterprises and institutions, they've all been divided up by the four major banks.

Even in the years that followed, when large commercial banks such as Huaxia Bank, Pudong Development Bank, Jiangsu Bank, Yongcheng Bank, and Guangfa Bank entered Yangshi, they still managed to capture a small share of the personal savings market.

It can only attract a small number of corporate accounts and public institution accounts through some special policies.

"Old Jiang, when will your Yuanfan electric vehicles be launched on the market?"

Since it's a chat, it can't just revolve around one topic.

Xue Jun also asked a question that interested him: "Didn't you start preparing last year? Is there any hope by the end of this year?"

"It might not be enough by the end of this year."

Jiang Yuanshan didn't hide anything about this: "According to the estimates of those tutoring institutions, it will be at least the first half of next year."

"There's definitely no problem on your end."

Xue Jun joked casually, "If Yuanfan Electric Vehicles can't even get on the market, how many companies in Yang City are qualified?"

"There are quite a few companies applying for listing in the same batch."

Jiang Yuanshan was rather modest: "Now that the A-share market is becoming more and more crowded, the approval of listing qualifications is becoming more and more stringent. Looking back now, it would have been better to apply two years earlier, when some of the restrictions were not so strict."

"No matter what industry it is, it is always in the exploratory stage at the beginning."

Xue Jun nodded and said, "With experience, there will definitely be more and more patches, and the constraints will definitely become stronger and stronger."

As he said this, he smiled unconsciously.

"Our bank is the same."

Xue Jun pointed upwards: "The regulations are becoming increasingly strict."

After they stopped talking about the credit cooperative, Luo Yang also withdrew his attention and began to focus his energy on communicating with the other directors.

"Director Qi, what are the hiring standards at your Industrial and Commercial Bank of China?"

When it was Qi Zhanpeng's turn to toast everyone, Luo Yang casually asked a question about recruitment: "The standards and requirements must be very high. Do they have to be professionals in finance or accounting?"

"That's not true."

Qi Zhanpeng and Luo Yang had a drink together before replying, "Our bank also has some positions that don't require such high levels of education or specialized skills, such as counter work or business operations."

Everyone who's sitting at this table tonight is a shrewd and capable individual.

He quickly seized on a possibility and then asked, "Does Mr. Luo have any relatives or friends who are looking for a relatively easy and respectable job?"

Look at the question they asked.

They don't mention banking; they portray it as an easy and respectable job.

If they don't mean it that way, there's no need to feel awkward.

"Yes, I have a cousin who has a college diploma in accounting."

Luo Yang was referring to his uncle's daughter, Luo Juan, who stayed home with her uncle to grow grapes after graduation.

My uncle Luo Jianjun's family used to earn 100,000 to 200,000 yuan a year from growing grapes. Later, because they became a raw material supplier for Nayuki and increased the planting area, their annual income has now doubled.

But my cousin Luo Juan just stayed in the countryside, spending all her time either in the vineyard or with her parents, and didn't even have many opportunities to meet men.

Luo Yang wanted to take this opportunity to help his cousin.

"Mr. Luo, let's add each other on WeChat. I'll ask around tomorrow if there are any vacancies and send you the information then."

Qi Zhanpeng should seize this opportunity that has been handed to him.

Her college diploma doesn't matter; the key is that she's Mr. Luo's cousin!

Once they're in place, they'll naturally go to Luo Yang's door to solicit deposits.

My uncle's daughter got a job at the bank with Luo Yang's help, so shouldn't I support her in finding a job?

If you can accumulate 20 to 30 million in deposits every year, your salary and bonuses will definitely be substantial.

Moreover, everyone knows that an employee who can bring in tens of millions of deposits for a branch has to be flattered.

Whether someone is at their post or not during work hours, they are strictly managed.

This job is absolutely easy and respectable.

"Okay, then I'll wait for Director Qi's news."

As Luo Yang spoke, he stood up with his phone in hand, intending to go over and add Qi Zhanpeng on WeChat, but Qi Zhanpeng walked over faster than him.
Yu Qingwan became increasingly envious.

She really wanted to shout right now, "The private banking department is also short-staffed!"
However, Jiang Yuanshan's presence tonight suppressed her performance.

Luo Yang's previous statement about introducing his wife to her might be true, but Yu Qingwan is not stupid.

How could a tycoon of Luo Yang's stature possibly entrust the majority of his private wealth to his wife?

Jiang Fan has at most tens of millions or a hundred million yuan in his hands.

If you want to eat your fill, you have to climb up Luoyang.

Even a tiny bit of money peeking out from between their fingers represents hundreds of millions of dollars.

In a small fourth- or fifth-tier city like Yangshi, catching such a wealthy tycoon could definitely provide a lifelong livelihood.

Yu Qingwan suppressed her burning desire and squeezed her phone.

Should I go on a business trip to Shanghai next week to visit Mr. Luo?
She was unaware that Luo Yang would be in Hainan next week.

A marriage proposal under fireworks.

(End of this chapter)