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

Chapter 479, Chapter 478: "Chairman Fang, you never suffer a loss."

Zhao Wenjun didn't even finish reading it!
He had been studying for a while in the afternoon, but his eyes started to hurt, so he took a break. Then a major corporate client came to visit, so he received him, and the two chatted for a while. They even had dinner and drinks together that evening, so naturally he didn't have to work overtime to study the documents anymore.

Unexpectedly, Fang Qingye convened a meeting to discuss the matter as soon as she arrived at work the next morning.

Of course, he wouldn't reveal that he hadn't finished reading the documents. Instead, he pondered for a moment and said, "I think what President Deng said makes a lot of sense."

Even if it makes perfect sense, he can't explain why.

Fang Qingye glanced at him but didn't say much. Instead, she said, "Since everyone agrees, let's decide on this! President Deng, you'll be in charge of this matter. You'll need to assign people to prepare the relevant materials. In a few days, you'll come with me to Yanjing to negotiate with ByteDance's management."

"Okay, I'll do it right away."

The meeting ended quickly, and the two vice presidents returned to their offices. Hu Lingling then took the meeting minutes to Fang Qingye for her signature.

According to relevant bank regulations, when the president's meeting discusses major decisions, the content of each person's conversation must be recorded in detail in the meeting log, and the person concerned must sign it at the end to indicate that the record is accurate. This is conducive to clarifying responsibilities afterward.

Government departments and state-owned enterprises love to do this. Jinghai Bank is not a state-owned bank, but Zhao Wenjun, when he was the president, liked to do this, and it has continued without change.

Both vice presidents had already signed the meeting minutes. Fang Qingye carefully read them over, then picked up the pen and quickly signed her name, glancing at Hu Lingling.

"You're coming with me to Yanjing this time."

"Yes, sir!"

Hu Lingling immediately became happy.

There are many advantages to traveling on business with your boss.
Let's look at the last time I went to Jinghai.

I've never been to Yanjing before, so I can take this opportunity to explore it properly.

Fang Qingye stayed in Nanxin for two more days before returning to Shanghai that afternoon. This was mainly because several investment institutions had come to her to discuss investing in ByteDance.

Haina Asia's headquarters are in Shanghai, and this time they sent Wang Qiong, whom Fang Qingye met in his own office at Tuofang Technology.

Both are investors in ByteDance, and Fang Qingye agreed to SIG Asia's plan to invest in ByteDance this time.

Of course, he also had to express his own thoughts.

"Manager Wang, Jinghai Bank also wants to participate in ByteDance's financing this time."

Wang Qiong's expression turned somewhat surprised, but after a moment she smiled and said, "Chairman Fang, you really don't want to suffer any loss at all."

“That’s not how it works.” Fang Qingye picked up his teacup, took a sip, and smiled. “It just shows that companies like your Haina Asia and my Jinghai Bank are very optimistic about ByteDance’s development.”

“Alright, you’re the major shareholder, so you have the final say,” Wang Qiong said with a smile. “As long as we can guarantee the investment interests of Haina Asia, that’s fine.”

"Don't worry, it's all financial investment. We won't interfere with their team's work at all," Fang Qingye said.

“You’re the chairman of ByteDance, and Jinghai Bank is also yours. What’s the difference between its interference and your own interference?” Wang Qiong muttered to herself.

However, she also admitted that apart from investing 1000 million yuan and sending a CFO to manage finances, Fang Qingye did not interfere with any specific work of ByteDance's management.

Zhang Yimin was quite satisfied with this hands-off management style.

“What about Alibaba? The company sent me some information that Alibaba also wants to participate in this round of financing,” Wang Qiong added.

"We have enough investment institutions," Fang Qingye replied calmly.

Wang Qiong had heard about the unpleasantness between Alibaba and Fang Qingye regarding the investment in Ele.me. Seeing Fang Qingye's expression, she said in a half-joking, half-serious tone, "Chairman Fang, you wouldn't be thinking of going head-to-head with Alibaba in the future, would you?"

“How could that be?” Fang Qingye laughed. “We all know the old saying that harmony brings wealth. Besides, whether it’s ByteDance, Ele.me, or the other companies I control, none of them can compare to Alibaba. They are a giant, while we are just a baby taking its first steps.”

“It’s possible that the baby will grow into a giant.” Wang Qiong’s words carried a deeper meaning.

Fang Qingye picked up her teacup, took a sip, and smiled without saying a word.

Later, investment managers from Qihoo 360 and DST Global visited Fang Qingye in Shanghai. After friendly discussions, they reached a preliminary investment agreement. Of course, the actual signing of the contract would have to wait until Fang Qingye arrived in Beijing for a board meeting. On November 5th, Fang Qingye and his wife left Shanghai one after the other, one going to Hong Kong to set up a subsidiary and the other to Beijing to discuss financing.

Fang Qingye traveled from Shanghai to Yanjing by Beijing-Shanghai high-speed railway in business class, accompanied by Yue Kai.

Fang Qingye originally wanted him to sit in business class with her, but he said that according to the company's financial regulations, ordinary employees can only sit in second class when traveling on business, and he could not break this rule.

Fang Qingye let him have his way.

He arrived at Yanjing South Station in the afternoon. After exiting the station, he saw a young man walking towards him.

"Hello, Chairman Fang, I am Liang Rubo from ByteDance. Mr. Zhang has too many things to do today, so I came to pick you up."

"It's alright, hello, Mr. Liang."

Fang Qingye took the initiative to shake hands with the other party.

Liang Rubo and Zhang Yimin were college classmates, practically brothers who slept in the same bunk. When Zhang Yimin founded ByteDance with Fang Qingye's investment, he naturally wanted to bring his classmate in to serve as ByteDance's Chief Operating Officer.

He is also one of the board members.

At the same time, Zhang Yimin and Fang Qingye discussed the possibility of giving Liang Rubo a certain number of shares as a technology contribution, and Fang Qingye agreed.

The four initial investors, including Wang Qiong and Xia He, each gave up a portion of their shares according to their respective investment ratios, and Liang Rubo ultimately received 4% of ByteDance's shares.

After the two shook hands, Liang Rubo led them into a Passat and said...

"Chairman Fang, let's go straight to the hotel and have dinner later. Mr. Zhang will come over directly."

"Okay, have President Deng and the others from Jinghai Bank arrived yet?" Fang Qingye asked from the back row.

"We've arrived. We'll be staying at the same hotel as you," Liang Rubo replied. "President Deng will be having dinner with us."

"It's up to you."

ByteDance's address is in Zhongguancun Innovation Park in Haidian District. Fang Qingye and his group were staying at a nearby hotel. They drove there and checked in before seeing Deng Hui and her group.

When Deng Hui came to Yanjing this time, in addition to bringing Hu Lingling as requested by Fang Qingye, she also brought a young man, Wei Huaquan, who was an intern in the finance department.

Wei Huaquan is a graduate of the School of Finance at Zhongnan University of Economics and Law, and one of the few graduates from a 211 university to work at Jinghai Bank. After Deng Hui became vice president, she was in charge of this year's recruitment, hiring more than 20 college graduates. She even made a special trip to her alma mater, but only managed to recruit this one promising young man.

Deng Hui also attaches great importance to her junior, and as a key student to be cultivated, she specially brought him along to broaden his horizons when she came to Yanjing to discuss investment.

Fang Qingye generally doesn't get involved in these matters.

Well, it's good. Privately, the employees are saying that Jinghai Bank is dominated by the Oriental Bank clique, and having more high-level college graduates would help improve the bank's personnel structure.

During the meal, everyone drank some alcohol. Zhang Yimin and Fang Qingye sat together, and Zhang Yimin poured each other a glass, lowering his voice:

"Chairman Fang, what do you think of the company control that President Wang mentioned to you?"

"Don't worry, Yixin, ByteDance was founded by you and me, how could I easily hand over control to someone else?" Fang Qingye laughed, "We'll have a board meeting tomorrow to discuss this, let's drink first today! Hu Lingling, toast President Zhang and President Liang again!"

The girl immediately stood up, smiling, and walked towards Zhang Yimin with her wine glass in hand.

Yes, that's good. Having a girl who can drink has many advantages.

The next morning, Fang Qingye first visited ByteDance to inspect its employees. The company now has about 100 employees, more than Tomorrow Cube.

The next step was to hold a board meeting, which currently consists of four members: Fang Qingye, Wang Yu, Zhang Yimin, and Liang Rubo.

Fang Qingye sat at the head of the table and looked at the three of them, saying, "The first item on the agenda for today's board meeting is how to ensure that the founders and founding shareholders of ByteDance maintain control over the company."

Upon hearing this, Zhang Yimin's spirits lifted.

(End of this chapter)