I can become stronger by paying salaries. I have one billion employees!

Chapter 653 Chen Yansen: Private Bank? I only saw "private," not "bank"!

"Congratulations, Mr. Chen!"

Ma Wenteng raised his glass, his tone tinged with bitterness, and congratulated Chen Yansen.

He worked hard for more than a decade, and now Tencent's market value is only $1645.7 billion.

Moreover, if Tencent hadn't previously invested in Pinduoduo, OFO bikes, and Kuaidi Dache, it probably wouldn't have reached this market capitalization; it would likely have been around 1300 to 1400 billion US dollars.

To put it bluntly, Tencent's stock price increase over the past year is almost entirely related to Senlian Capital.

“Pony, you’re confused! You should say ‘Congratulations!’”

Chen Yansen handed the cup forward, making a crisp sound.

Tencent holds a 15.8% stake in Pinduoduo, worth $328 billion.

Chen Yansen ate meat, and Ma Wenteng had bones to gnaw on; everyone made a fortune.

"Haha, Mr. Chen is right! Come on, let's have another drink!"

Ma Wenteng burst into laughter, rolled up his sleeves, picked up the wine bottle, and personally filled Chen Yansen's glass.

Liu Qiangdong saw this and felt deeply moved.

Pinbei has only been established for two years and eight months, while JD.com has been established for sixteen years.

There's absolutely no comparison!
"Old Ma is going to have a headache now," Ma Wenteng quipped gloatingly.

Before Chen Yansen entered the industry, the competition and friction between Tencent and Ali in the e-commerce field were no less intense than that between Pinduoduo and Ali today.

Now that Ma Liyun has suffered a setback, Ma Wenteng is naturally happy.

After all, he is the second largest shareholder of Pinduoduo!

For him, Pinbei being able to beat Ahri is equivalent to him defeating Ahri.

"The domestic market is basically a zero-sum game. To be honest, I value the incremental value that overseas markets can bring more."

Chen Yansen held his wine glass and gently swirled it. The amber liquid inside swirled slowly along the glass. He spoke casually.

"Brother Sen, the competition in overseas markets is too intense. Logistics, merchant resources, and policies are all lagging behind."

Liu Qiangdong frowned slightly.

"Actually, whether you do localized operations or adopt the overseas warehousing model, there are certain opportunities. The key is how you think and how you do it."

Chen Yansen took a sip of his drink and said with a smile.

For example, Amazon has opened branches in dozens of countries around the world, adopting a model that combines overseas sourcing with local supply chains, and voluntarily giving up some of its profits to reduce local market and user resistance.

Therefore, Amazon's development in Europe, America, and Asia was extremely smooth. However, after entering the Chinese arena, it was overtaken by Pinduoduo, Yaomao, and JD.com, leaving it with no room to survive.

"That being said, Amazon's success model is not easy to replicate. It has cultivated overseas markets for many years and has accumulated supply chain resources and localized operation experience, which are difficult to catch up with in a short period of time."

Liu Qiangdong shook his head.

Chen Yansen smiled faintly and said nothing.

In his view, Dong had simply not found the right path.

In fact, the approach taken by Rocket Internet CEO Oliver is very suitable for expanding into overseas markets.

First, extract the domestic business models and operational experience, and then combine them with the product details of other competitors, including user interface, functional logic and marketing rhetoric, and make localized improvements before launching them in the target market.
Secondly, they used industrialized and replicable processes to expand rapidly overseas, trading capital for time.

Once the business is running smoothly, immediately invest a large amount of capital in marketing, subsidies, and on-the-ground promotion to seize the market as quickly as possible and cripple slow-reacting local competitors.

Finally, we begin refined operations to further improve key performance indicators such as user growth, transaction volume, and profit margin.

Although Pinbei is the largest shareholder of JD.com, the control is in Liu Qiangdong's hands. Ultimately, it is not his "own son," so Chen Yansen will not go into too much detail about this matter.

Ma Wenteng noticed the ambiguity in Chen Yansen's words, but he didn't say anything, only smiled subtly.

At this moment, there was a knock on the door.

“Go in!” Zhang Chaoyang replied.

As soon as he finished speaking, a middle-aged man in a dark suit pushed open the door and walked in, a perfectly timed smile on his face: "Good evening, bosses."

Behind him stood a row of tall, beautiful young women, each with exquisite makeup and a unique temperament.

Some are charming and alluring, some are pure and lovely, some are charming and cute, and some are obedient and gentle.

Ye Qiuping subconsciously raised her head, her gaze sweeping over the area carefully, and her heart couldn't help but tremble slightly.

She quickly recognized that all the people in front of her were second- or third-tier celebrities in the entertainment industry, and most of them had starred in a few minor hit TV series or movies.

Chen Yansen raised his eyelids slightly and looked at Ye Qiuping again.

He has no interest in female celebrities, but he won't meddle if others want to have fun.

Compared to the financial world, the entertainment industry is like a backyard garden, where big shots can come and go as they please.

"Boss, aren't you going to pick one?" Ye Qiuping tilted her head, breathed hot air into Chen Yansen's ear, and asked with a smile.

"You help me choose," Chen Yansen raised an eyebrow and replied softly.

"How about the third one from the left? Curvy figure, pink and moist lips, and she's even acted in idol dramas."

Ye Qiuping licked her lips and said seriously.

I told you to choose, and you actually did!
Chen Yansen rolled his eyes at Ye Qiuping.

Ye Qiuping couldn't help but chuckle, realizing her boss's refusal.

Seeing this, Jia Yaoting immediately picked out two pure and lovely female celebrities and was about to arrange for them to sit next to Chen Yansen when he saw Chen Yansen wave his hand. He had no choice but to quickly call them back.

At the same time, he secretly wondered: What type of person does President Chen actually like?

About forty or fifty minutes later, Chen Yansen looked at his watch. It was exactly 10:30 p.m., so he greeted Ma Wenteng, Zhang Chaoyang, and Liu Qiangdong and stood up.

"Mr. Chen, let me see you off." Lei Yijun stood up as well.

Chen Yansen nodded and walked out.

Seeing that it was getting late, Ma Wenteng also got up and left.

After leaving the private room, Xiao Ma caught up with him and asked, "Mr. Chen, shall we find another place?"

"I have a meeting tomorrow, maybe next time."

Chen Yansen waved his hand in refusal.

Ma Wenteng thought about it and agreed. He was no match for Chen Yansen in terms of drinking capacity, so there was no need to make things difficult for himself.

As he spoke, he glanced at Ye Qiuping, who was standing beside Chen Yansen, and a knowing look flashed in his eyes.

A short while later, Chen Yansen got into a Maybach 62S, and the car slowly started and drove towards the hotel.

Back at the hotel, as soon as they entered the room, Ye Qiuping knelt down and helped Chen Yansen change into slippers.

"Boss, I'll go run you a bath."

Master Ye's voice is very distinctive, soft and gentle, with a hint of ingratiating meekness, like a ball of cotton soaked in warm water, soft and damp.

"Call me village chief!" Chen Yansen corrected him sternly.

"Village chief, then who am I?" Ye Qiuping swallowed hard and asked in a sweet voice.

"You don't even know who you are? You truly are a monster! I'll expose you in your true form, Great Mighty Heavenly Dragon, World Honored Ksitigarbha!" "Village Chief, you've switched channels again."

……

……

The next morning, as the morning mist in Yanjing dissipated, a ray of rosy light pierced through the clouds, illuminating the streetscape of the city center.

After having breakfast, Chen Yansen took a car to the headquarters of the Yanjing Economic Development Association.

As he approached, he noticed that a large number of security personnel were scattered throughout the corners of the first floor.

After verifying the invitation and identity at the entrance, two armed security personnel allowed them to pass.

As soon as Chen Yansen got out of the car, he saw Wang Guangtong, whom he hadn't seen in a long time.

"President Chen, welcome!" Wang Guangtong was waiting downstairs, not to welcome Chen Yansen, but because the big boss of the business association, his direct superior, had not yet arrived.

"Mr. Wang!" Chen Yansen smiled and extended his hand to shake hands with Wang Guangtong.

He knew very well that, given Wang Guangtong's status, he would never have stood at the door to greet guests if the big bosses hadn't yet arrived.

Chen Yansen remained standing and chatted with Wang Guangtong for a few minutes.

Then, a soft braking sound was heard.

Chen Yansen turned around and saw a black Hongqi L5 parked not far away. A middle-aged man dressed as an assistant opened the passenger door, jogged to the left rear of the car, and opened the door for his boss inside.

"Mr. Li!" Chen Yansen greeted him with a smile.

Wang Guangtong was a beat slow to react. It wasn't until he heard Chen Yansen's voice that he hurriedly straightened up and then bent down again, quickly greeting him, "Good morning, Mr. Li!"

Li Qingsong nodded slightly, then bypassed Wang Guangtong and waved to Chen Yansen.

"I heard that Xingyuan Technology is making rapid progress in the research and development of reflective optical systems?"

Li Qingsong asked the question knowing the answer already.

"Some are fast, some are slow, and now it's stuck again. The machine tool's precision is insufficient. In the manufacturing of magnetic levitation motors and air bearings, it simply cannot reach the nanometer level."

Chen Yansen shrugged, looking troubled.

"What's lacking? Funding, equipment, or research personnel?"

Li Qingsong, understanding the implication, went straight to the point and asked the question.

"CK6120 high-precision CNC lathe, SVT16 CNC single-column vertical lathe, ACCURATE seven-axis twin-screw angle deep hole drill and YHM77110 vertical double-sided grinding machine"

Chen Yansen didn't stand on ceremony and rattled off a long list of equipment names.

"Did you remember?" Li Qingsong asked his assistant.

"Mr. Li, I will help General Manager Chen coordinate this," the assistant replied succinctly.

For someone who can work alongside Li Qingsong, having a good memory is just the most basic quality.

The two walked and talked, eventually entering a spacious and bright conference hall.

As soon as the people inside saw Li Qingsong enter, they all stood up, their faces beaming with smiles, and warmly greeted him.

Ma Liyun, Ma Wenteng, and others arrived relatively early and mingled in the crowd.

To Chen Yansen's surprise, Zhou Jiancheng of Metersbonwe was also there. It seems that his guess was correct. Apart from the internet companies, the remaining manufacturing companies also received a share of the five private banks' shares.

"President Chen!" Zhou Jiancheng stepped forward and introduced the person next to him to Chen Yansen—Wang Junjin, chairman of Juneyao Group and the big boss behind Juneyao Airlines.

Ma Liyun looked at Chen Yansen and saw that he first accompanied Li Qingsong into the house, and then was surrounded by a group of private company bosses.

Everyone lined up to get to know Chen Yansen, as if he were a star surrounded by the moon.

Seeing this, Ma Liyun couldn't help but feel envious.

Chen Yansen and Wang Junjin exchanged a few brief pleasantries before finding seats and sitting down.

He looked around the room and saw not only leaders in the banking, securities, and insurance industries, but also founders in new energy, the internet, and the real economy manufacturing sectors.

Ma Liyun and the chairman of Fosun Group sat side by side. The two have a close personal relationship and have cooperated extensively, having jointly invested in Cainiao Logistics.

Zhou Jiancheng and Wang Junjin of Juneyao Group seem to have a good relationship and are talking in hushed tones.

In addition, the CEOs of several companies, including Chint, Huafeng, Huabei, and Maigou, were also present.

Chen Yansen smiled and nodded in acknowledgment. Although the others responded, their eyes betrayed their deep wariness.

As the saying goes, a person's reputation casts a shadow, and Chen Yansen was known as an "industry troublemaker," so they were naturally wary of him, fearing that he would cross over and steal their jobs.

As for lessons learned from the past, there are far too many to list.

Take the electric vehicle and new energy vehicle industry as an example. Everyone in the industry knows that DeepBlue Technology is the "emperor" who is above them.

If the upcoming Orange Auto leverages the technological advantages of its DeepBlue batteries to bring the price of its high-range electric vehicles down to below 20 yuan, then all pure electric vehicle brands in the world will probably be wiped out!

In other words, if Orange Bike launches a few more electric bicycles, established companies like Yadea and Aima will likely face bankruptcy on the spot.

Who can beat Senlian Capital?

They hold the core supply rights for power batteries, so it would be incredibly easy for them to crush a few factories that have no core technology and only rely on assembly for survival.

Before long, a group of high-ranking officials from the Business Association, Banking Association, Securities Association, and Economic Development Association arrived one after another.

Once everyone had arrived, Li Qingsong, who was sitting in the main seat, tapped the table, and the originally noisy hall instantly quieted down.

He then spoke calmly and forcefully: "I've invited everyone here today mainly to discuss three things: first, how private capital can help the transformation of the real economy; second, the policy support direction for cross-border industrial layout; and third, the trial operation rules for private banks."

After finishing his remarks, the president of the business association added: "Currently, China's traditional manufacturing industry is facing a bottleneck in technological upgrading. Although internet companies have advantages in traffic and business models, their integration with the real economy is still insufficient."

In the cross-border sector, many companies want to expand overseas but are hampered by logistics, compliance, and localization issues. This meeting aims to gather feedback on these needs so that targeted support policies can be developed in the future.

Those qualified to speak are all the heads of various associations, who hold the power to formulate and interpret policies.

Chen Yansen could only listen for a few minutes before he couldn't take it anymore. He immediately started multitasking, paying attention to important information while mentally rehearsing motion control algorithm models.

Keywords such as "interest rate liberalization", "stock issuance registration system", "inclusive regulation of P2P lending" and "debt risk mitigation" kept ringing in my ears.

Even just understanding a few words can be converted into tens of thousands of dollars in wealth.

Ma Wenteng squinted, his mind racing.

After an unknown amount of time, the voice of Zhao Binhai, president of the Banking Association, suddenly rang out in the conference room. He called on Chen Yansen's name: "Senlian Capital is a leader in the fields of internet finance and insurance. I would like to ask Mr. Chen, what are your views on the regulation of private banks?"

Chen Yansen refocused his attention and asked with a light laugh, "Regarding the words 'private bank,' I only saw 'private,' not 'bank'!"

Zhao Binhai was taken aback upon hearing this, realizing the provocation in Chen Yansen's words.

Ma Liyun and Ma Wenteng exchanged a glance, secretly marveling, and couldn't help but exclaim, "How dare he!"

Li Qingsong looked at Chen Yansen with great interest.

"Physical branches are not allowed to open, and large corporate loans, personal housing loans, and financing for large projects are all prohibited. Is this a bank?"

Chen Yansen retorted without any hesitation.

　One more chapter, expected to be updated before 12 o'clock.

　　
　
(End of this chapter)