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

Chapter 738 Conflicting Thoughts

It seems that Sun Dexiang and Chen Zhibin haven't completely lost their footing and know who's paying their salaries.

The main content was covered at the beginning, and the subsequent explanations of the details to Luo Yang were delivered at a faster pace. By around 5:20, the first draft of the plan had been basically presented.

"Chairman, our research team has finished presenting the first draft of the organizational restructuring plan. Is there anything else that needs to be added?"

Sun Dexiang habitually asked Luo Yang, "As for the details that need adjustment in the first draft, please send them to us after you have revised them. Once the final draft is ready, we can discuss it at the meeting. After the board of directors approves it, we can implement the adjustment plan according to the revised version."

Luo Yang lowered his head and pondered for a moment, then said to the two of them, "Well, most of your draft proposals are acceptable, and many can even be used directly, but some parts still need to be modified."

He paused at this point.

He was considering whether or not to tell Sun Dexiang and Chen Zhibin about some of his plans.

"It's not that your professional skills are lacking, it's just that I haven't explained some of my ideas to you, which has led to some discrepancies in your research data. It's not your fault."

Luo Yang decided to reveal some of the plans to the two of them.

"Is it about the overall industrial layout plan for the group?"

When Chen Zhibin was in Yang City, he had a conversation with Luo Yang and at that time he vaguely felt that his new boss was far more than he appeared on the surface.

So I spoke up immediately.

"Your reaction is quite sharp."

Luo Yang gave Chen Zhibin a deep look, then looked away after a moment and said seriously, "First of all, there's the financial sector. My idea is to build a financial platform for the group's future. Both of these are very important, whether in terms of internal capital utilization or as a gateway for obtaining funds from the outside."

"Isn't Gray Rhino Capital's current size enough?"

Sun Dexiang also realized what was happening, and then looked at Luo Yang with a puzzled expression and asked, "Does the chairman have other channels?"

"It's hard to say whether Gray Rhino Capital is big enough right now. We'll make a judgment after a few months."

Luo Yang smiled and said, "Since you've done your research, you should know that Gray Rhino launched a fund product last month with a scale of 1 million US dollars, and ultimately only 9300 million US dollars were sold. Although such a scale of several hundred million US dollars is not much for a fund company, I am confident that it will become a star fund product. After this phase ends, the scale of funds that Gray Rhino can control will expand rapidly."

Sun Dexiang and Chen Zhibin exchanged a surprised glance.

They didn't think Luo Yang was bragging, because there was no need for it.

Considering that this fund's return rate is capped at 50% while its lock-up period is only six months, if it can truly achieve this effect, it could indeed become a star product, just as Luo Yang said.

It will be highly sought after by many high-net-worth clients in the market. Once the subscription window is reopened, it wouldn't be surprising if the amount increased by 5 to 10 times, let alone 1 million US dollars.

By then, the gray rhino will be considered a medium-sized player in the fund company circle.

"Chairman, even if you have such financing channels, you still need enough profitable projects to support it."

Sun Dexiang thought for a moment and said, "Currently, whether it's in Shanghai or Yangshi, the promising projects, although not very profitable, are not lacking in development funds, or they have already achieved a balance between income and expenditure. They will surely soar in the next few years, so why use such funds at this time? Or is the chairman raising funds to enter the new energy vehicle industry?"

"The initial funding for the new energy vehicle industry already has other sources, so there is no need to use other financing channels."

Seeing that the two had only guessed the first layer, Luo Yang explained, "Having financing channels like Gray Rhino is not enough. After all, it is just a fund company, and its role in the financial field is too singular to support the group's future expansion."

These words are practically the answer.

"Chairman"

Sun Dexiang looked at Luo Yang in shock: "Are you planning to start a commercial bank?"

There was no other explanation besides this answer. Sure enough, Luo Yang nodded.

"Sigh~~~"

Chen Zhibin gasped.

He could tell that his new boss was no ordinary person, but he never expected him to be so ambitious.

The combination of a promising mid-sized fund company and a commercial bank will have an effect far beyond 1+1=2; in actual operation, the impact will be multiplied.

"Chairman, which commercial bank's shares are you planning to acquire?"

Sun Dexiang's thinking was simplistic. He believed that Luo Yang would seek to invest in the more established commercial banks on the market, pay a certain price to become a shareholder, and then exert some influence over the bank in the future.

Chen Zhibin, however, did not think so.

He was reminded of Luo Yang's week-long stay in his hometown.

Perhaps there's a story behind this.
Now that we've started, there's no need to hide anything later.

When the two were confused, Luo Yang explained, "I plan to acquire the rural credit cooperative in my hometown and transform it into a qualified commercial bank through capital injection."

really
"Given this premise, should the Gray Rhino remain with the group?"

After revealing this information, Luo Yang immediately asked, "Will the commercial banks that are acquired and restructured in the future also be incorporated into the group?"

Without even half a second, Sun Dexiang and Chen Zhibin shook their heads simultaneously.

"Chairman, bring the commercial bank into the group and separate the Gray Rhino."

"Internal fund allocation within the group requires a complete financial platform, and external financing entering the group also requires a complete platform."

The two expressed different things, but their core meaning was the same.

That is to incorporate the restructured commercial bank into the group. In the future, the group will need such a complete financial platform to coordinate the allocation of funds and the use of surplus funds.

As for the gray rhino as a financing channel, its greater role for the group at this time is actually placed outside.

Similarly, a complete financial platform is needed for funds to enter the group.

Luo Yang was very satisfied with the result.

To put it more realistically, Gray Rhino Capital will earn two to three billion US dollars in cash flow in the next six months. Luo Yang already regards this money as his private stash, and he certainly doesn't want it to be put under the magnifying glass of the group.

Even if Sun Dexiang and Chen Zhibin had suggested that he keep the gray rhino in the group, he would have found another reason to remove it.

In this way, Kunpeng Technology, Zhengyang Group, Sunshine Culture & Tourism, Guoyang Real Estate, Gray Rhino Capital, and Guobao Film & Television will all be independent of the new group company.

"Could we use the draft proposal that Sun Dexiang and Chen Zhibin just gave us to adjust these companies' policies?"

Luo Yang suddenly had an idea: "Let's form a new group company that includes Kunpeng Technology, Zhengyang Group, Sunshine Culture & Tourism, Guoyang Real Estate, Gray Rhino Capital, and Guobao Film & Television. If any of these companies want to go public in the future, they can become independent; the ones that don't will remain in the new group company."

In a short time, several new ideas flashed through his mind.

I don't know if it will work.

Should we bring this up and discuss it with Sun Dexiang and Chen Zhibin?
Luo Yang was caught in a dilemma.

(End of this chapter)