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

Chapter 606 Opening the Window to Face the Field Garden
Fang Jianhua looked at Fang Qingye after listening.

"Xiao Ye, you wouldn't be thinking of getting your hands on that 20% stake in the city investment company, would you?"

"What would I need him for?!" Fang Qingye denied it outright: "Back when we restructured Nanxin Town Bank, I was the one who took the initiative to get the county government to invest!"

"If you're not comfortable with that, you can use these shares as collateral for loans at other banks. They're high-quality assets!" Fang Qingye said with a smile.

Fang Jianhua thought for a moment and then said.

"Forget it, these days all the major banks are like greedy pigs that only eat and never give back, so I'll just ask you for the loan."

"Then the interest rate will be based on the current market rate. As for how many shares to pledge, let the city investment company send someone to talk to Bai Ou. By the way, don't let Duan Bo go! That guy doesn't know how to talk and might upset Bai Ou. Bai Ou is our Fang family's darling now!"

Fang Jianhua laughed after hearing this: "Okay, I'll listen to you. Let's just get rid of Duan Bo." Fang Jianhua said jokingly.

"You're right, Second Uncle. It's best to replace Duan Bo with a professional manager who understands finance and market operations! He's more trouble than he's worth! The financing channels for urban investment companies are actually quite wide now, with standardized debt financing models: such as urban investment bonds, ABS/ABN, equity financing and social capital cooperation, PPP, BOT models, etc. He doesn't know anything about them, he only knows how to ask about bank loans."

“Okay, I’ll think about your suggestion carefully and report it to the Party Secretary and County Head when the time is right!” Fang Jianhua said, “I’m going to visit your grandparents.”

After saying that, he walked towards the courtyard.

"Hey, Xiao Ye, don't forget to tell Bai Ou about the loan!" Fang Jianhua reminded her as they walked.

"Don't worry, I'll call her tonight," Fang Qingye replied, continuing her stroll with Wangcai.

Two days later, the county investment company sent its deputy manager to Shanghai to discuss the loan with the CEO of Tuofang Technology.

Finally, both parties agreed to use the 2000 million shares of Jinghai Bank held by the Urban Investment Company (approximately 5% of the Urban Investment Company's shares in Jinghai Bank) as collateral to borrow 6000 million yuan from Tuofang Company for a term of six years at an interest rate of 7.56%, slightly higher than the basic interest rate published by the central bank.

Shortly afterward, the leadership of the city investment company was adjusted, and the original general manager, Duan Bo, was transferred to the county social welfare company as general manager, which is a handicraft enterprise mainly for disabled people.

By the end of September, the "cash crunch" that had lasted for more than a month finally ended, and interbank market interest rates fell significantly, basically returning to normal levels.

There has been much discussion in society about this cash crunch. Some experts believe that a large amount of funds are sitting in the financial system, circulating aimlessly for arbitrage, and that the central bank is no longer intervening to support the market.

Some say it was an extreme stress test by the central bank.
However, none of this concerned Fang Qingye, as Jinghai Bank was largely unaffected by the cash crunch. In fact, interbank lending and borrowing not only did not decrease but actually increased.

Too many people are coming to borrow money, but since they're all high-interest loans, Jinghai Bank isn't losing out.

Those contracts found to be in violation of regulations were promptly transferred and sold at a discounted interest rate. The principal was recovered quickly, only the profit was slightly less.

Anyway, there are plenty of bold people in this world who aren't afraid of these high-risk contracts.

Gao Pan, deputy branch manager of Pudong branch, caused losses to the bank by handling interbank business in violation of regulations, and it was ultimately decided to deduct half a year's performance bonus from his performance.

Today is October 2nd, the National Day holiday and also the Double Ninth Festival. The weather is nice, with clear skies.

The nursery was bustling with activity, ostensibly to celebrate the Double Ninth Festival, as a poem goes:
Open the window facing the field, drink wine and talk about mulberry and hemp.

When the Double Ninth Festival arrives, we will come again to admire the chrysanthemums.

It wasn't an elderly couple who came, but Fang Qingye's classmate, who brought his wife and child to play. The place was spacious.

Apart from Fang Qingye and his wife, who don't have children yet, everyone else was holding a baby.

The oldest child was Liu Dong and Bi Huanhuan's daughter, who was two years old. She had her hair tied in a topknot and was chasing butterflies with Bai Ou by the flower bushes. The little girl was clever and mischievous, and Bai Ou liked her very much. Every time she came, she would play with her.

Liu Dong was recently transferred from Baipu Town to Liulin Town to serve as the Discipline Inspection Secretary. Although he is still a deputy section chief, his actual status has been greatly improved.

It should be noted that Secretary Jiwei ranks third in the town's Party Committee, after the Party Secretary and the Mayor.

Moreover, Liulin Town is a large town, and if he works there for another two or three years, he will have the opportunity to be promoted to town mayor and officially enter the ranks of section chief.

Bi Huanhuan was transferred to the county archives bureau, where the work was very relaxed. Her main job was taking care of the child, so that Liu Dong wouldn't have to worry about household chores and could concentrate on his career.

After several years of training, Liu Dong has long since shed his initial student-like naiveté and the impulsiveness of being newly appointed deputy mayor, and has matured considerably. Today, he's wearing a jacket over a white shirt, exuding a more "formal" air, and is leisurely sipping chrysanthemum tea. Wang Lei and his wife Yang Yue have also arrived.

Wang Lei is currently the director of the office of the management committee of the new energy industrial park, a proper deputy section chief. The management committee is a deputy division-level unit, and the director is concurrently the deputy county head in charge of industry. He is now Fang Jianhua, Fang Qingye's second uncle.

Therefore, the office of the management committee is not a "section" of a general department, but a proper section-level unit.

His wife, Yang Yue, is now an employee in the General Affairs Office of Dongfangxing, and the seat she sits in is exactly the same place where Fang Qingye used to work in the General Affairs Office.

Fang Qingye contacted Su Ming, the president of Dongfangxing, to help Wang Lei transfer his wife from the front-line counter to the general office. The two had a son who just turned one year old.

He can't walk yet, but when he saw the little girl catching butterflies, he was so excited that he waved his arms and legs and made babbling noises.

Wang Lei is very satisfied and extremely happy with his current life.

I came from the countryside and now I've bought a house and settled down in the city. I also recently bought a car. My wife and I both have stable jobs with good pay, and I even hold a minor official position. We also have a lovely son.

enough.

Unlike Liu Dong, he did not have such great ambitions in his official career.

They don't have as much wealth as Fang Qingye and Song Dahai, but they also don't have as many troubles as them.

Song Dahai came carrying his daughter, along with his wife Chen Meimei.

The couple's daughter was only three months old, lying in her father's arms, her big, dark eyes darting around.

Song Dahai originally wanted a son, but unexpectedly, a daughter was born. However, he still loves this precious little girl very much and always carries her when they go out.

Having become a father and experiencing a crisis at his company, Song Dahai has matured considerably. His once short hair has been replaced with a slicked-back style, and coupled with his large physique, he exudes the aura of a CEO.

There wasn't really a theme to today's gathering; it was just a nice day, so everyone came over to sit, have some tea, and chat. Now that we're all settled down and have our own lives, we have far fewer opportunities to get together than before.

Fang Qingye originally invited everyone to stay at the nursery for lunch in the afternoon, but everyone declined. As for going out for barbecue, that was out of the question, since everyone had their kids with them and couldn't eat.

Everyone took their leave, and Fang Qingye and his wife saw them off to the entrance of the nursery. Seeing that Song Dahai and his wife were also leaving, Fang Qingye said, "Dahai, wait a moment, I have something to tell you."

After Liu Dong and Wang Lei and his wife drove away, Fang Qingye said to Song Dahai, "Dahai, I promised you, ByteDance is preparing for its Series B financing, so please prepare some funds."

Liu Dong and Wang Lei are both currently working within the system and wouldn't be involved in these matters, nor do they have that much funding. However, it wouldn't be appropriate to discuss this in front of them.

Song Dahai was immediately overjoyed.

He wanted to invest in Ele.me, but Fang Qingye refused and told him to invest in ByteDance. Now the opportunity has come.

So he asked, "How much can I invest?"

"We'll talk about it when the financing report comes out, but it won't exceed 100 million."

“Okay, I’ll prepare 100 million, which is ready to use anytime,” Song Dahai said.

"Ah."

Song Dahai drove his BMW away from the nursery with his wife and daughter, while Fang Qingye and Bai Ou prepared to return to the courtyard.

Just then, Fang Qingye suddenly heard the sound of a car coming from the entrance of the nursery again. When she turned around, she saw another BMW slowly stopping at the entrance of the nursery.

A woman in her thirties wearing sunglasses got out of the car.

Fang Qingye stopped and looked at the other person, feeling that the figure was familiar.

Fang Qing recognized the woman when she slowly took off her sunglasses.

It turned out to be Qiao Yongfeng's wife, Xia He's best friend, Tian Qian!
(End of this chapter)