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

Chapter 490 "A Pleasant Cooperation!"

Chapter 490 "A Pleasant Cooperation!"

Fang Qingye and her two companions took a train to Hohhot, found a hotel to stay in, and then Fang Qingye called Tang Qing, Zhong He's friend.

"Director Tang, hello, I am Fang Qingye from Jinghai Bank."

The voice on the other end was very enthusiastic, clearly indicating that Zhong He had already told him everything.

"Hello, President Fang, has the Baoshang Bank board meeting concluded?"

"I finished driving yesterday, and I'm already in Hohhot."

"Where do you live?"

"Stay at the Crowne Plaza Hotel."

"Okay, I'll come over after get off work and treat you to dinner."

"Director Tang, you're too kind. I should be the one to treat you," Fang Qingye said.

“We’re from the same hometown, and you’ve come all this way, so I should do my best to be a good host. You should rest first; I’ll be there around 6:30.”

"Ok."

Having arranged a dinner meeting, Fang Qingye called Hu Lingling and Yue Kai to her room and instructed them, "I'm going to meet a friend for dinner. You two will have to take care of your own dinner! Hu Lingling, no alcohol! No mare's milk wine either!"

Fang Qingye discovered that upon arriving in Inner Mongolia, Hu Lingling was drinking mare's milk wine as if it were a beverage.

You shouldn't drink too much of this! A little alcohol is fine for social occasions, but don't drink it regularly or you'll become a female alcoholic.

Hu Lingling muttered, "Fine, I won't drink then."

After seeing the two off, I stayed in my room. Around six o'clock, I received a call from Tang Qing: "Director Fang, I've arrived at the hotel lobby."

"Okay, go up to the food and beverage department on the third floor, I'll wait for you there."

Fang Qingye also rushed to the third floor and saw a very refined-looking man wearing glasses. After introducing themselves, they learned that he was Tang Qing.

The two shook hands, found a small private room to sit down, ordered a few dishes, and then Tang Qing asked for some wine.

"Director Tang, let's not drink anymore, shall we? I can't hold my liquor," Fang Qingye said.

Tang Qing was surprised: "You can't hold your liquor, how can you handle Wang Zhenxi and his gang from Baoshang Bank?"

"I brought a female secretary with me. She can drink a bit. She's gone shopping with her colleagues right now," Fang Qingye explained.

When Fang Qingye came to see Tang Qing, Zhong Huai had already told him the general purpose. Seeing that Fang Qingye had sent his secretary away, it was clear that there were some things he didn't want others to hear.

So he didn't insist: "Alright, let's not drink alcohol today, let's have some Saihan green tea from my Meng Province!"

"Inner Mongolia also produces green tea?" Fang Qingye was a little surprised.

"That's right. Besides green tea, there's also white tea and black tea. Green tea has a fresh and refreshing taste and a clear color. Try it."

Several dishes were served, and the two ate and chatted.

"President Fang, has the Baoshang Bank board meeting concluded? How did it go? Was the atmosphere relatively harmonious?" Tang Qing asked.

"It wasn't exactly harmonious." Fang Qingye then recounted the meeting in detail, especially the part where Han Yongdong tried to force the issue, only to be outmaneuvered by Wang Zhenxi, and the process of preparing to hold a shareholders' meeting to remove the two directors.

Tang Qing frowned upon hearing this, then suddenly changed the subject: "I heard Director Zhong say that you are quite familiar with Mintian Holdings Co., Ltd."

“I don’t know much about it, but I’m quite interested in this company.” Fang Qingye said modestly, “As you probably know, besides investing in Jinghai Bank and Baoshang Bank, I’ve also invested in several other companies, so I’m quite interested in equity investment in the capital market. I know about Mintian Holdings, and the major shareholder of Baoshang Bank is actually a subsidiary of Mintian Holdings.”

Tang Qing nodded in agreement: "From what you've said about what happened at the Baoshang Bank board of directors, it seems that apart from Taiping Commerce, the other three companies are actually controlled by Mintian Holdings, and Xiao Jianhua, the owner of Mintian Holdings, has become the actual controller of Baoshang Bank."

"You can say that."

After listening, Tang Qing lit a cigarette and fell into deep thought. Seeing him like this, Fang Qingye had an idea: "Director Tang, I'd like to ask a question."

"Oh, you mean?" Tang Qing came back to her senses.

"Han Yongdong, the second largest shareholder of Baoshang Bank, pointed out that the Hohhot branch was concealing non-performing loans and bad debts. Last month, your provincial banking regulatory bureau even conducted a special inspection of their bank and found no problems?"

“Baoshang Bank is under the management of the Fifth Division, and I am in the Third Division, so I don’t know the specifics,” Tang Qing replied.

"Oh"

Fang Qingye did not ask any further questions.

Tang Qing took a drag of his cigarette, the smoke obscuring his face, and then spoke again: "Director Fang, before you left, did Director Zhong tell you about the situation of our Inner Mongolia Banking Regulatory Bureau?"

"He said that things are complicated here, and that I should only come to see you, not anyone else," Fang Qingye said frankly.

Tang Qing laughed: "Hehe. Director Zhong trusts me a lot."

"Yes, I mean you're worth befriending."

"Since Director Zhong says so, I think you understand why the inspection couldn't find any problems."

"Understood." Fang Qingye nodded.

"I guess you've noticed it too. Baoshang Bank has been plagued by internal strife. Now, Mintian Holdings' subsidiaries have taken control of Baoshang Bank, so the internal strife is gone, but what follows is a single dominant entity. If there is a lack of supervision under these circumstances, there will be big problems in the future," Tang Qing said slowly.

“Yes, just like the original Jinghai Bank—Nanxin Rural Bank,” Fang Qingye said with a smile.

"Yes, but Baoshang Bank's problem is more serious. After all, Jinghai Bank is small in scale and has a short history, so its impact is relatively small. But Baoshang Bank has 16 branches all over the country, more than 130 business outlets, and has also established 27 rural banks. If it were to collapse, it would be a big problem!"

Fang Qingye nodded.

This has always been the case historically.

The bank's bankruptcy left many depositors with nothing, and also implicated the Mintian Group and a large number of officials.

"President Fang, what do you suggest we do to solve this problem?" Tang Qing suddenly asked.

"It's nothing more than trying to break the monopoly of Baoshang Bank and the Mintian Group, and strengthening external supervision, but I think both of these are difficult," Fang Qingye said.

“Yes, it’s difficult, especially the latter. At the Inner Mongolia Banking Regulatory Bureau, I’m just a small section chief, and I can’t do anything about it.” Tang Qing shook his head and lit another cigarette.

"Then let's crush the Mintian system!" Fang Qingye suddenly said.

Tang Qing smiled, seemingly not very surprised, and said, "President Fang, you've finally laid it all out to me."

"Director Zhong has already told you, hasn't he?" Fang Qingye asked in return.

"Yes, he said so." Tang Qing didn't hide anything: "He expressed his admiration for you coming to Hohhot. What do you need me to do?"

"Keep an eye on Baoshang Bank for me. Although I am a director, I am based in Jiangsu Province and cannot come here often. Besides, they will be wary of me."

“Sure.” Tang Qing readily agreed: “I’ll tell you everything I know, including some information about the Mintian Group in the financial sector of Inner Mongolia.”

"Thank you, Director Tang. I didn't expect you to agree so readily," Fang Qingye said.

"Because it's also good for me. If you really bring down the Mintian Group, the dirty deeds of the shareholders of Baoshang Bank will naturally be exposed to the light of day, and those who protected him will be punished as they deserve. This is also beneficial to me in a way, so why wouldn't I do it?!" Tang Qing looked at him with a smile.

"Come on, let's drink tea instead of wine, bottoms up!" Fang Qingye smiled and raised her teacup.

"Great! Happy to cooperate!"

(End of this chapter)

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