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

Chapter 776 Speaking of which, how many people in the financial world are truly innocent and pure?
"What do you mean?" Wang Zheng's brows furrowed.

"You're exaggerating!" Lu Guoxiong rebuked him directly.

Fang Qingye remained calm and composed, casually picking up a pencil from her desk and scribbling three words in the blank space of the commitment letter.

“Look, ‘First, the main entity trap.’” He pointed to the commitment letter with his pen. “This commitment only binds Hengtai Securities itself. Tomorrow, it can easily transfer the bonds at par to a related party, such as its controlling shareholder, and then that entity can issue ABS. At that time, this commitment letter will be a piece of waste paper! It’s like you promise ‘Zhang San is not allowed to kill anyone,’ but whether Li Si kills or not is none of your business!”

Upon hearing this, Wang Zheng's expression changed drastically.

"Second, the asset trap," Fang Qingye continued, her tone calm. "It's written in black and white that it's 'not a major underlying asset'? If you mix this 100 billion into a 10 billion asset package, it only accounts for 10%, and then they can justifiably say that it doesn't constitute 'major' assets. They're using technical jargon to trap us!"

“Third, market traps.” A slight smile played on his lips. “'Not publicly applying for issuance'? What if they privately find three banks to conduct a private placement? Wouldn’t that be a breach of contract? What if they use this bond as collateral to borrow money from loan sharks? Wouldn’t that be a breach of contract? This promise is only good for honest people, not for dishonest ones. And I’m almost certain that the other party never intended to be a gentleman from the very beginning!”

"Mayor Wang, the real purpose of this letter of commitment is not to be obeyed. It's to prove, in the event of future court battles, that they have 'honestly' fulfilled their obligation to inform us today. This is a carefully prepared disclaimer! If you accept it, it's like swallowing a sugar-coated poison!"

A deathly silence fell over the office. Wang Zheng's face was so dark it seemed to drip water, while Lu Guoxiong's eyes flickered, his expression unpredictable.

After a long while, Lu Guoxiong finally managed to speak calmly: "President Fang, you're overinterpreting things! We can ask Hengtai Securities to issue a new commitment letter to plug all the loopholes you mentioned!"

"They won't shed a tear until they see the coffin..." Fang Qingye sneered inwardly, but smiled calmly on the surface: "President Lu, there's no need to go through all this trouble. They won't come back. Just look at this and you'll understand."

After saying that, he took a document out of his briefcase and gently placed it on his desk.

Wang Zheng picked up the "Hengtai Securities - Yongjiang Urban Construction Phase I Asset-Backed Special Plan Prospectus (Draft)" and his face grew increasingly gloomy as he read it. Without saying a word, he handed it to Lu Guoxiong.

Lu Guoxiong glanced at it a few times, then his expression changed drastically: "President Fang, where did you get this information?"

“I’m sorry, I can’t comment.” Fang Qingye answered crisply. “I can only guarantee the authenticity and reliability of the content. Of course, if President Lu insists on suspecting that we have fabricated the information, then I have nothing to say. You can continue to negotiate with Hengtai Securities, and Jinghai Bank will withdraw.”

Fang Qingye's attitude suddenly hardened.

"This..." Lu Guoxiong was speechless for a moment, his heart filled with turmoil.

talk?
What's the point of talking about?

If I continue to insist on my own opinion at this point, the city leaders might really suspect that I have taken some shady benefits from Hengtai Securities!

Thinking of this, he quickly tried to smooth things over, saying, "President Fang, please don't misunderstand. This is a very important matter, and it's always better to be cautious." Then he turned to Wang Zheng, "Mayor Wang, what do you think of this matter?"

"Stop all contact with Hengtai Securities! Restart negotiations with Jinghai Bank and Goldman Sachs!" Wang Zheng made a decisive decision, then looked at Fang Qingye, forcing a smile: "President Fang, I apologize for any offense I may have caused, please understand."

"I understand, of course I understand. It's all for the smooth progress of the project." Fang Qingye smiled, and the atmosphere immediately eased.

Sure enough, the next day, the Yongjiang negotiation team sat down at the negotiating table again with the teams from Jinghai Bank and Goldman Sachs China to begin formal negotiations on the underwriting of urban investment company debt.

Fang Qingye did not participate in the subsequent negotiations; he was preparing to return to Nanxin.

Of course, before leaving, he sent a proposal to the board of directors of Baoshang Bank, demanding that those responsible for concealing the resolution that Baoshang Bank was the custodian bank for Hengtai Securities' ABS project be held accountable. The wording of the proposal was very strong.

This behavior is described as extremely egregious, blatantly trampling on the foundations of corporate governance, placing the bank at enormous risk, and suspected of violating laws and regulations. An immediate independent investigation is demanded, along with the immediate suspension of those involved and their investigation. Based on the investigation results, all necessary measures should be taken against those responsible, including but not limited to public criticism, demotion, dismissal, and even pursuing legal action, with zero tolerance.
If I don't do something real, do you think I'm just a figurehead as a director?!

After doing all this, Fang Qingye was about to leave when Lin Wei knocked on his door again, still holding a cup of coffee.

"Does he love coffee that much?" Fang Qingye muttered to herself.

Lin Wei walked into the room and asked, "Are you leaving?"

"Why am I staying here if there's nothing for me? There's a ton of work waiting for me back at the bank," Fang Qingye said with a smile.

Lin Wei nodded: "It seems the negotiations will end soon, and I should go back to Shanghai."

"Okay, then see you in Shanghai when you have time." Fang Qingye picked up his coat, and Yue Kai had already helped him with his suitcase. He and Zhou Yu waited in the hallway.

"President Fang," Lin Wei suddenly changed the subject, "where did you get that information?" "This... doesn't seem necessary to report to you?" Fang Qingye politely declined.

Lin Wei smiled gently, holding her coffee cup, and said casually, "I really didn't expect that you, President Fang, would resort to such unconventional methods."

"Haha..." Fang Qingye laughed, "I've never claimed to be a gentleman. Besides, how many people in the financial world are truly innocent?"

“That’s true…” Lin Wei’s tone carried a hint of resentment. “Otherwise, you wouldn’t have forced me to sign that ‘treaty of surrender’ back in the coffee shop.”

This woman is still hung up on this matter...

Fang Qingye laughed and said, "A treaty made under duress is still a treaty, better than being enemies, right? ... Welcome to Nanxin, I'll treat you to tea."

"Yes, I will. I heard you have a very well-managed nursery. I'd like to visit it." Lin Wei said casually, then her expression turned serious. "President Fang, you've really offended Hengtai Securities this time. Be careful of their retaliation."

"Are you scared?" Fang Qingye retorted.

“Hengtai Securities alone is not a concern, but be wary of the ‘Mintian Group’ behind it. I think you should already know about it.” Lin Wei’s expression turned serious.

"Because of some recent events, we conducted an in-depth investigation into Hengtai Securities and the Tomorrow Group behind it, and discovered that it is an extremely large financial empire. Hengtai Securities, and even Baoshang Bank, are only a small part of this empire."

"Thank you for reminding me." Fang Qingye's expression remained calm and composed.

"It seems that Director Fang is aware of the situation." Lin Wei smiled. "Then I won't say any more. Have a safe journey, goodbye."

"Goodbye."

The Mercedes-Benz smoothly crossed the Hangzhou Bay Bridge. Outside the window, the vast gray-blue sea stretched to the horizon, with several ocean-going cargo ships appearing as frozen silhouettes between the sky and the water.

Fang Qingye gazed at the scenery outside the window, lost in thought.

Will Hengtai Securities, or rather the "Mintian Group" behind it, retaliate?

He couldn't be sure, but he wasn't going to give the other party any more chances.

I was just looking for a chance to touch you, but you ended up coming to me...

Then you can't blame me.

A bold and meticulous plan gradually took shape in his mind.

The jolting of the vehicle startled him from his reverie, and he subconsciously asked, "Yue Kai, where are we?"

"We'll be in Shanghai soon... As you suggested, we'll go straight back to Nanxin, skipping the city center and taking the ring expressway across the Yangtze River Bridge," Yue Kai replied.

"No, let's go into the city. I still have things to do in Shanghai." Fang Qingye suddenly changed her plans.

"Ok."

After the car entered the city, Fang Qingye said to Zhou Yu in the passenger seat, "Zhou Yu, you take the shuttle bus back to Nanxin by yourself. I'm going to stay in Shanghai for a few more days."

"Okay, Fang Xing. Then please take me to the long-distance bus station."

After seeing Zhou Yu off, Fang Qingye instructed Yue Kai, "Take a rest today and give the car a thorough inspection and maintenance. We're going on a long trip tomorrow morning."

"Understood. Where to?"

"Shandong Province, Yimeng Mountain area."

(End of this chapter)