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

Chapter 478 Jinghai Bank also participated in the financing.

"I served as a reconnaissance soldier for two years and received psychological training."

Oh, I see!

Back at her villa in the Yu Cui Yuan residential area, Bai Ou hadn't finished get off work yet. Seeing that it was a little after 5 p.m., Fang Qingye decided to cook dinner herself.

Actually, he didn't know how to make anything complicated, just a plate of noodles. After he finished cooking, he called Bai Ou and found out that his wife had to work overtime.

Never mind, I'll eat by myself.

Around eight o'clock, Bai Ou came back from get off work and said that she had already eaten the takeout she ordered in the office.

After his wife changed her clothes, Fang Qingye briefly recounted what happened that day when she played golf with Shen Nanpeng, including taking Zhang Xiaoxiao home and her suspicions about her motives.

Bai Ou sat curled up on the sofa, munching on an apple. After listening to Fang Qingye's story, she pondered for a moment before saying, "I don't think Shen Nanpeng needs to do this. He has a business relationship with you, and he really wants to invest in ByteDance and maintain a friendship with you. There's no need for him to resort to such underhanded tactics—Sequoia China is backed by Sequoia Capital and is a well-known investment institution in China, not some contractor."

"As Yue Kai said, what Zhang Xiaoxiao said is true, but whether she has other thoughts in her heart is unknown."

"As long as it's not Shen Nanpeng's idea, there's nothing to worry about." Fang Qingye said easily, "I have a beautiful wife like you, other girls are immune to me."

Bai Ou glanced at him, but said nothing.

Fang Qingye stopped thinking about it and said:

"I estimate that investment institutions interested in investing in ByteDance will contact me in the next few days. I'll talk to them all, and once Wang Yu's family visit leave is over, I'll go to Yanjing to formally discuss financing with Zhang Yimin and try to finalize it!"

Bai Ou, munching on an apple, seemed lost in thought, and suddenly spoke up.

"Ye Zi, are you not planning to let Tuofang Technology participate in this financing round, nor do you want other companies like ours to participate?"

“Other companies? Jinghai Bank?” Fang Qingye immediately thought of this.

"Yes, I think Jinghai Bank is a good choice. Besides vigorously developing internet banking as you mentioned, participating in equity investment is also a good way for Jinghai Bank to grow and expand."

"Hehe, wife, who said you only studied law and politics? You also have a good head for financial investment," Fang Qingye immediately praised.

"What's this?" Bai Ou rolled her eyes at him. "Do you think I only studied law during my graduate studies and work? Financial investment and business management were also my electives!"

“Excellent people excel at everything they learn!” Fang Qingye immediately praised, “I’ll go back to Nanxin tomorrow and tell Zhao Wenjun and the others about this!”

The next morning, Fang Qingye returned to Nanxin by car, and in the afternoon he convened a meeting of bank presidents to specifically discuss the matter.

Zhao Wenjun still had some doubts, but Deng Hui immediately expressed her approval!
"Equity investment is a common practice among modern banks! International investment banks like Citibank and Morgan Stanley go without saying. Orient Bank established Orient Bank International Holdings Limited as early as 08, specializing in corporate finance and investment. Local banks like Huijing Bank and Yanjing Bank also participate in equity investment. Therefore, it's only natural for Jinghai Bank to engage in this business, but..."

Towards the end, Deng Hui hesitated, as if she wanted to say something but then stopped.

"Just what?" Fang Qingye asked.

"Fang Xing, what's the deal with this ByteDance you mentioned? Is it reliable or not?"

“You don’t need to worry about that. This is a company invested and controlled by President Fang’s Tuofang Technology. President Fang is also the chairman of the board,” Zhao Wenjun quickly explained.

Deng Hui arrived late and wasn't very clear about Fang Qingye's investment portfolio, but Zhao Wenjun did.

"Huh?!" Deng Hui exclaimed in surprise.

"Regarding the companies I invest in and control, everyone should make their own judgments and offer different opinions," Fang Qingye said. "I will send the relevant materials about ByteDance and this round of financing to your email addresses. Please take a look and raise any comments as soon as possible."

"Okay!" Deng Hui readily agreed.

Zhao Wenjun didn't say anything.

The three discussed other work and then the meeting adjourned as they returned to their respective offices. Fang Qingye forwarded the email Wang Yu had sent him to the two bank managers and began reviewing the various documents that Hu Lingling had prepared.

Although Hu Lingling sent him some important documents via email, they were only a few, and he had not personally reviewed most of them.

Delegating authority does not mean ignoring everything, nor does it mean being ignorant of everything.

Zhao Wenjun returned to her office, opened her email on her computer, downloaded the attachment, and began to read it carefully.

After watching for a while, my eyes started to feel tired and sore, so I lit a cigarette, left my seat, and stood by the window to look at the scenery outside.

It's already autumn, and the banyan tree outside the window has begun to turn yellow and shed its leaves.

He was very uncomfortable with Fang Qingye's preference for handling work via email and electronic documents, printing them out and stamping them with a bright red official seal—it looked so much more comfortable!
But he's the top leader, so if he wants to do it this way, you have to adapt.

More importantly, he felt he couldn't keep up with Fang Qingye's pace.

Fang Qingye plans to gradually promote internet banking, P2P business, electronic payment system, etc. These are all completely new fields for him, and just hearing those new terms gives him a headache.

And today's investment in ByteDance.

He looked at the company's information and, to be honest, couldn't understand how a company that had been established for less than two years could be valued at 10 billion!

And why are so many well-known investment institutions vying to invest?
Am I really getting old?

Why.
On the same floor of the office building, Deng Hui was looking at the email in her office and became more and more excited. Although she studied finance, she was very interested in the Internet, especially the integration of the Internet, finance and technology.

It is clear that the business ByteDance is engaged in is disrupting the traditional news distribution model and is very much in line with modern people's reading habits.

Who doesn't enjoy watching things they like?
No wonder it has gained so much traffic in such a short time.

In the internet age, traffic equals wealth!
Vote! You absolutely must vote!
Fang Qingye was decisive and efficient, and did not give the two much time to consider. The next morning, they held another meeting to discuss the matter.

"Have you both finished reading? Share your thoughts, Hu Lingling, you take notes," Fang Qingye said to Hu Lingling in the next room.

Having the secretary take notes signifies a formal discussion.

Hu Lingling hurriedly came out, sat down to the side, and picked up the meeting minutes notebook.

Seeing Zhao Wenjun sitting there calmly and without saying a word, Deng Hui, who was impatient, said: "Then I'll speak first."

"I believe Jinghai Bank can invest in ByteDance. Based on the information I've gathered, I think ByteDance's business is very much in line with the current internet economy, has great potential for development, and will bring substantial profits to investors."

Deng Hui then launched into a long, detailed explanation of the nature of news, the characteristics of the internet economy, and the now-popular targeted push notifications and algorithms.

Fang Qingye nodded repeatedly.

Hmm. This Deng Hui is not bad. Perhaps she can really take on the responsibility of Jinghai Bank in the future. At least she is not conservative in her thinking.

Of course, it's too early to say that now.

After Deng Hui finished speaking, Fang Qingye said, "President Deng, your theoretical foundation and knowledge are quite good. I remember you studied traditional finance, right?"

“When I was in school, there was indeed no internet involved.” Deng Hui said frankly, “It was after I started working that I learned from books and through internal training at Ping An. Every two years, we would train the leaders of branches in various regions, and invite economic and financial experts and university professors to give us lectures to broaden our horizons and knowledge.”

“That’s a good idea.” Fang Qingye nodded. “It seems our bank also needs to focus on this. President Deng, you will be in charge of this matter. Incorporate the training into daily management. This work can be assigned to the Human Resources Department or a dedicated training institution can be established.”

"Okay, President Fang."

"Zhao Xing, what's your opinion?" Fang Qingye looked at Zhao Wenjun again.

(End of this chapter)