I'm in the county town, and you say I'm a big shot?

Chapter 410 My Friend at the Provincial Banking Regulatory Bureau
It went bankrupt?!

Fang Qingye was stunned after hearing this.

Even though Baoying Company suffered a margin call this time for speculating on Shanghai copper and lost money last time speculating on Zixin Pharmaceutical, it made several hundred million yuan from speculating on Shanghai rubber. Overall, it hasn't lost much this year, so it shouldn't be enough to cause the company to go bankrupt, right?
He found it a bit strange, so he asked again, "Do you know why?"

"I heard that their biggest client who invested in their fund is withdrawing his investment, and the company will go bankrupt because it can't continue operating," the girl replied in a low voice.

Baoshang Bank?!
As Fang Qingye was pondering this, she saw a familiar middle-aged man walking towards the stairs from the opposite company building, carrying a cardboard box in his arms.

Li Wei, General Manager of Baoying Fund Management Co., Ltd.
Li Wei also saw Fang Qingye standing in front of the reception desk. He had a complicated expression on his face, paused for a moment, and then strode over.

Fang Qingye didn't move, just quietly watched him.

“Mr. Fang, you’ve won.” Li Wei said, looking at him.

"I do not understand what you mean."

"Stop pretending, we both know the truth." Li Wei sneered, "I don't understand, what kind of hatred do we have that you insist on killing us all?!"

"Mr. Li, why do you say that? Your company went bankrupt, I heard it was because the investors withdrew their funds, what does that have to do with me?" Fang Qingye said with a smile.

"If you hadn't sabotaged us behind our backs, would we have lost so much money?" Li Wei questioned.

"You'll go bankrupt if you don't lose money?" Fang Qingye sneered.
"As far as I know, the largest investor in your Baoying Fund is a state-owned commercial bank, but according to regulations, commercial banks are not allowed to invest in private equity funds, so their withdrawal of capital will inevitably lead to your collapse."

"Looks like you know quite a lot," Li Wei sneered.

Fang Qingye smiled and said nothing.

"The mountains may not move, but the water will. We'll see!" Li Wei said harshly, then turned and walked towards the elevator.

"Take care, don't bother seeing me out." Fang Qingye replied casually, then turned around and saw the girl behind the bar staring at him in surprise, her eyes wide open.

"What's your name?" Fang Qingye asked.

"Ye Xiaoyu," the girl quickly replied.

"Do you think I look like a bad person?" Fang Qingye suddenly asked.

Ye Xiaoyu was taken aback, and quickly said, "You're not a bad person, but you treat bad people worse than bad people!"

Ah?
Can talk.

Fang Qingye smiled and said, "Do a good job!" Then she went into the company.

Upon arriving at Tuofang Technology, Li Li was looking at some documents in her office. When she saw Fang Qingye knocking and entering, she quickly got up to greet her.

"Boss, let me pour you some tea."

"No need, you go about your business, I'm just taking a stroll," Fang Qingye said.

Nevertheless, Li Li still poured Fang Qingye a cup of tea.

"Boss, there's something I need to report to you." Li Li suddenly remembered something: "Did you know that Baoying Fund Management Company next door went bankrupt?"

"I just heard about it, what happened?" Fang Qingye asked, holding a teacup.

"Some employees have privately approached me and Sister Xu Mei, asking if our two companies need any staff?"

"I don't want any of Baoying Company's products for now!" Fang Qingye said calmly.

Tuofang Technology has not done much. To date, it has acquired controlling stakes in or invested in six companies, but only Huacheng Development in Nanxin and Yuxiang Tianhe Gas have paid a portion of their profits according to their shareholding ratios. The other four companies are still in the expansion phase and have not yet distributed dividends.

Today's focus is on Tomorrow's Cube.

CFO Xu Mei reported to Fang Qingye: The company has been operating for half a year. After deducting the company's operating costs and paying 20% ​​corporate income tax, the net profit from the profits obtained from the stock market through high-frequency quantitative trading is about 8000 million yuan.

"I expect to see a significant increase in returns if we invest in US stocks next year," Xu Mei concluded.

Fang Qingye nodded after hearing this.

Financial revenue is not his main focus; his primary concern is the high-frequency quantitative trading software for US stocks that the company is developing, which is currently in the later stages of testing.

"From now on, prepare to handle all the procedures for investing in US stocks." This was the task Fang Qingye gave Xu Mei before leaving. Fang Qingye stayed in Shanghai for two days. On the second day, she met Shi Guangrong, and the two naturally talked about Baoying Fund Company.

Of course, the two weren't chatting at home or in the office, but rather while fishing and chatting on the shore of Dianshan North Lake Bay.

It's very quiet here in winter, perfect for chatting and fishing.

"Baoying Company went bankrupt, did you know?" Fang Qingye asked, sitting on a small stool.

"I know, but I don't know the reason for the bankruptcy," Shi Guangrong replied. "Logically speaking, even if there was a margin call during the Shanghai copper speculation, it shouldn't have caused the company to go bankrupt, right?"

"The largest investor has withdrawn its investment." Fang Qingye briefly explained what she knew.

"I see. This Li Wei is really unlucky. He fought with us for so long, and now his company is gone," Shi Guangrong said with a smile.

"Sooner or later."

"Oh, by the way, it seems that Baoshang Bank also invested in your Nanxin Rural Bank, right?" Shi Guangrong suddenly asked, remembering something.

"How did you know about this?" Fang Qingye asked, somewhat puzzled, as he had never told Shi Guangrong about it.

“I have a classmate who works at your Jiangsu Provincial Banking Regulatory Bureau. He’s the director of the Sixth Supervision Division,” Shi Guangrong replied. “He told me about it.”

"Huh? How come I've never heard you mention this before?" Fang Qingye was very surprised.

“You didn’t ask either.” Shi Guangrong glanced at him and laughed. “If you were still working at the bank, I would have liked to introduce you two, but there’s no need for that now.”

"It's good to make more friends. I'll introduce you sometime," Fang Qingye said with a smile.

“Okay, I’ll call him right now.” Shi Guangrong immediately took out his phone and dialed a number.

"Zhong He, I am so proud."

"No, I haven't come to Huijing, I'm still in Shanghai."

"What have you been busy with lately? I haven't been busy with anything, I'm quite free, unlike you who's always so busy."

"When will I come to Huijing to visit you?" Shi Guangrong asked, looking at Fang Qingye.

Fang Qingye understood and immediately whispered, "Tomorrow!"

"Then let's do it tomorrow. I'll come over tomorrow."

“Okay, I have a friend who’s with me right now. He came here to get to know you. I’ve already told you his name, Fang Qingye.”

"Okay, okay, we'll contact you when we leave."

"Ok, see you tomorrow."

After hanging up the phone, Shi Guangrong said to Fang Qingye, "It's arranged, we'll go over tomorrow afternoon and have a meal together. Are you planning to leave from Nanxin?"

"Okay, I'm going back today, and I'll leave from Nanxin tomorrow. We'll contact each other then."

"OK!"

After fishing at Dianshan Lake, Fang Qingye didn't return to her villa in the city; instead, she drove directly back to Nanxin.

That evening, in her bedroom in the nursery building, Fang Qingye video chatted with Xia He and told her about her trip to Huijing the next day.

Xia He was naturally very happy.

"Xia He, have you ever heard of Zhong He?" Fang Qingye asked.

"No." In the video, Xia He shook her head: "To be honest, I'm not familiar with the people from the Provincial Banking Regulatory Bureau. Apart from the few people in the investigation team, none of my classmates are there. After all, the business I'm doing now doesn't involve dealing with them."

"However, I do know what the Sixth Regulatory Division does. It's a newly established division that mainly manages the access of village and township banks, loan companies, and rural mutual funds within its jurisdiction. It also conducts off-site monitoring, risk analysis, and regulatory rating, among other things."

"Oh, what a coincidence? Could it be because of the Nanxin Rural Bank incident?" Fang Qingye said in surprise.

(End of this chapter)