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

Chapter 766 Risk Control: Difficulty in Gaining Trust, Fierce Competition

After the two men left the meeting room, Qiao Yongfeng first took a blood pressure medication, and then said:
"Qingye, now that we've acquired Orizonte Agro-Industrial Company, we might acquire even more soybean trading companies in the future. To make management easier, I suggest we set up a company in Brazil to manage these acquired companies. We'll transfer all our shares to this new company, and Orizonte and Filgre will become wholly-owned subsidiaries. The shares will still be 50/50. What do you think?"

“Okay.” Fang Qingye agreed: “How about this, we’ll still split the investment in this acquisition of Orizant Company equally, but when we finally establish a new company, you can have 60% of the shares and I can have 40%. After all, you’ve been much more involved in this than I have.”

"Haha, then I can benefit from your success." Qiao Yongfeng laughed.

"It's alright, it's only right that you give me more for your hard work. Please take good care of me in the future," Fang Qingye said with a smile.

"How about this, let's not talk about June 4th, I'll take 55% and you take 45%," Qiao Yongfeng suggested.

The two then discussed the new company's name, address, and management personnel. They ultimately decided that He Qingfeng would serve as chairman, Ou Anli as vice chairman and CEO, and Katia, the general manager of Filgrei, and the future general manager of Orizant Company, would both join the board of directors. They would also appoint one independent director.

The company is called Pan-American Agricultural Resources (Brazil) Ltda., and its headquarters remain in São Paulo. Both offices are being closed, with staff transferred directly to the newly established company. Additional employees can be recruited locally.

The two also decided that, in addition to the funds needed for this acquisition of Orizant, each company would invest $3000 million as operating expenses to prepare for future acquisitions of more soybean trading companies.

After the two finished their discussions, they notified their respective companies and then sent a document to the Brazilian office to begin preparations for the new company.

Fang Qingye made the arrangements, leaving the execution to Bai Ou or Vice CEO Li Li, and he no longer concerned himself with the details.

A week later, Fang Qingye returned to work at the bank after her vacation.

This morning, after Fang Qingye finished the bank president's routine meeting in the small meeting room on the second floor, she was about to return to her office on the third floor when she went to the restroom and came out to see Chen Yu walking towards her from one end of the corridor.

Fang Qingye hadn't seen her distant cousin for over a month. The ill-fitting suit he was wearing when they bumped into each other on the street last time was gone, replaced by a dark blue uniform issued by the bank that fit him much better.

He was holding a thick folder and a stack of flyers in his arms, his fingers were white from being pressed against the edges of the documents, and he looked somewhat tired.

The two met face to face in the empty corridor.

Chen Yu immediately stopped, straightened up instinctively, and bowed slightly, respectfully greeting, "President Fang."

His voice was not loud, but respectful. He no longer had the nervousness he had when he first met Fang Qingye in the office. He glanced at Fang Qingye and quickly looked away.

Fang Qingye also stopped and stared at him for two seconds. He noticed that Chen Yu's leather shoes were still the same pair, but they were very clean, the creases on the shoes were deeper, one button on the collar of his shirt was undone, and his tie was loose, obviously he had just returned from a field trip.

"Hmm," Fang Qingye responded calmly. "Went to visit merchants?"

"Yes, bank manager," Chen Yu quickly replied. "After visiting the remaining few stores in the new district building materials market, enter the data into the system when you get back."

"Any progress?" Fang Qingye asked casually.

Chen Yu's lips twitched slightly, and after hesitating for a moment, he replied, "We've reached an agreement on two payment QR codes." He paused, then lowered his voice, "The loan... is still being followed up."

Fang Qingye nodded.

This result was within his expectations.

The QR code for receiving payments is the initial hurdle; the loan itself is the real test. Although Jinghai Bank uses a risk control system based on online shopping and Ele.me consumption data for small loan approvals, it's not comprehensive and actually needs to be supplemented by traditional business operations.

The building materials market, in particular, is a tough nut to crack, concentrating all the typical difficulties in lending to small and micro enterprises in the county: difficulty in risk control, difficulty in obtaining credit, and fierce competition. It is home to many cash-handling households with unclear accounts, seasoned loan officers who have been repeatedly targeted by various loan officers, and merchants deeply mired in triangular debt, making it a high-risk and difficult-to-obtain-credit environment.

For a bank newbie like Chen Yu, being sent to conquer the building materials market was tantamount to a tough "street battle," but his willingness to go and his breakthrough at least showed that he had a down-to-earth attitude.

But that's all—he deals with the most superficial and standard business.

After greeting Fang Qingye, Chen Yu was about to turn and leave when he suddenly heard Fang Qingye speak: "Mr. Li from the building materials market, Li Yongjun."

Chen Yu immediately stopped and looked up at him.

“His son tried to apply for our bank’s startup loan last year but was rejected. You can talk to him about this next time you go, and tell him that the bank is currently reviewing previous youth entrepreneurship projects.”

Chen Yu paused for a moment, then a glimmer of hope flashed in his eyes. He immediately nodded, "I understand, thank you, bank manager!"

"Go ahead." Fang Qingye said no more and strode forward.

Chen Yu stepped aside to make way for Fang Qingye, and only after she had walked a few steps away did he continue walking towards the large office of the account manager department, carrying the heavy stack of documents.

Fang Qingye didn't turn around. She went upstairs to her office, made a cup of tea, and slowly drank it.

Chen Yu went into the bank. Fang Qingye did not receive any message from his mother's distant cousin asking her to take good care of her son. Perhaps his mother was already there to stop her, and he did not intend to give her any special treatment.

But regardless, there's still some kinship involved, so I'll offer some guidance if I can, and it all depends on his understanding and fate.

Fang Qingye didn't take it to heart.

A week later, Fang Qingye was eating lunch in the cafeteria that day. Today's meal consisted of braised ribbonfish, stewed clams with eggs, shredded pork with loofah, stir-fried greens, and a free dish of pickled mustard greens with edamame.

White rice, with a small bowl of millet porridge on the side as usual. This is Nanxin's drink almost every meal, made by boiling millet until it turns light brown, and it tastes smooth and thirst-quenching.

Fang Qingye sat alone in his usual spot by the window. When he ate lunch, he would share a table with several vice presidents and senior department heads.

Now that Fang Qingye is getting older, her aura as a leader is becoming stronger and stronger. Ordinary employees rarely come over, and Fang Qingye has no intention of deliberately getting along with her subordinates.

No need.

If you try to get close to him, you'll only see his discomfort and hear compliments and praise.

He ate intently, the cafeteria buzzing with noise. At the next table, people were discussing mortgage rates, and in the distance, a few laughs and chatter about their children's school admissions could be heard.

What he didn't notice was that Chen Yu was sitting at a table not far from him, glancing at him every now and then.

Seeing Fang Qingye finish her meal and leave the cafeteria, Chen Yu quickly followed. Just before reaching the stairs on the first floor, Chen Yu caught up and respectfully greeted, "President Fang."

Fang Qingye stopped and turned around to look at him.

(End of this chapter)