The richest man started taking advantage of loopholes after joining Alibaba.

The big screen went black.

Zhang Zhengyi stared intently at the black screen, his pen nowhere to be found, his palms covered in cold sweat.

He is waiting.

Waiting for that number that can send the glimmer of light into hell.

"10%? 15%?"

The vice president of China Construction Bank muttered under his breath, a hint of schadenfreude on his lips, "Based on the average level of P2P lending, once it exceeds 8%, not even a miracle can save him."

"Smack."

A crisp sound of keystrokes.

A red number popped up in the darkness.

It's not 10%.

It's not 8%.

It's not even 1%.

It was a decimal point followed by two breathtaking numbers.

huge.

Bright red.

It was like a blood-dripping bayonet, piercing the eyes of all traditional bankers.

[0.37%]

Dead silence.

Absolute silence.

It's as if someone has pressed the mute button on the entire world.

Zhang Zhengyi was stunned.

The vice president's mouth was so wide open that an egg could fit inside.

Even the reporters who had prepared press releases to vehemently criticize Weiguang froze on their keyboards.

0.37%?

Is this the bad debt rate?

Is this fucking deposit interest?!

"impossible!"

Zhang Zhengyi suddenly stood up, knocking the chair over with a loud bang.

It broke the deathly silence.

"It's fake! It's absolutely fake!"

He pointed at the big screen, his fingers trembling violently.

"Lin Che! Do you take me for a three-year-old? Bank credit card default rates are all above 1.5%! You're lending to the unemployed, and your default rate is only 0.37%?"

"You're insulting the intelligence of regulators!"

"Falsification! This is serious financial fraud!"

The audience erupted in uproar.

"Exactly! This data defies common financial sense!"

"Where are there so few people who borrow money and don't pay it back? Unless it was a newly issued loan that hasn't matured yet!"

Faced with a barrage of doubts and accusations.

Lin Che stood on the stage.

Didn't move.

He didn't even change his expression.

He simply waved his hand lightly.

Xie Yu, carrying the laptop, walked out from the corner.

He was also carrying a heavy silver briefcase with a combination lock.

"Click".

The box was opened.

A thick document, three hundred pages long and stamped with a bright red seal across the binding, was taken out.

On the cover, a line of large, gold-embossed words is prominently displayed:

PricewaterhouseCoopers (PwC)

[Weiguang Technology 2019 Fourth Quarter Special Credit Asset Audit Report]

PricewaterhouseCoopers...

Zhang Zhengyi's voice was stuck in his throat, like a duck being choked.

The foremost of the four.

PricewaterhouseCoopers (PwC) is known for its strictness, cold-bloodedness, and ruthlessness.

"Team Leader Zhang."

Lin Che walked over to Xie Yu and picked up the report.

"This report was compiled by 120 auditors from PricewaterhouseCoopers who spent seven days and seven nights in the Weiguang Building, checking each item one by one."

"Every loan has a corresponding bank statement."

"Every repayment has an Alipay receipt."

Lin Che slammed the report onto the table in front of Zhang Zhengyi.

"Fake?"

Are you questioning me, or are you questioning PwC's century-old reputation?

Zhang Zhengyi's hands trembled as he opened the report.

The first page.

[According to the audit, the total amount of loans issued by Weiguang Installment Loans is RMB 45 billion.]

[Amount overdue for more than 90 days: RMB 1665 million.]

Failure rate: 0.37%.

[Audit Opinion: Unqualified opinion.]

Every word felt like a resounding slap in the face.

It slapped Zhang Zhengyi across the face.

Slap them across the faces of all the bank presidents.

"How is that possible..."

The vice president of China Construction Bank slumped in his chair, his face ashen. "Our risk control is so strict, it's 1.82%... and he's lending recklessly, and his rate is only 0.37%?"

"This is illogical...this completely violates the principles of finance..."

"principle?"

Lin Che took the microphone.

His voice was clear and cold, carrying throughout the entire venue.

"Your principles are based on greed."

"My principle is based on dignity."

Lin Che pointed to the large screen behind him.

Countless customer service messages from the Weiguang backend began to scroll through the screen.

"Customer service representative, my part-time salary was two days late. Could you please give me an extension? I don't want to lose my Weiguang Points; they're so important to me!"

"Please, please don't ban my account! I've saved up my living expenses to pay it back! I need this score to look for jobs in the future!"

"Mr. Lin, thank you so much for the two thousand yuan. It saved my mother's life. Now that the money is back, could I pay a little more interest?"

"Did you see that?"

Lin Che's voice was a little hoarse, but every word was warm.

"For a debtor with assets of tens of millions, owing a bank five million and not paying it back is a skill, an asset restructuring."

"But for a third-year college student, for a migrant worker who has just come to the city."

"For two thousand yuan, I lost my credibility, couldn't hold my head up in front of my classmates, and was even blacklisted by the entire internet."

"This cost is too high."

"They can't afford to lose."

"Therefore, they cherish this little bit of trust more than anyone else."

The audience was silent.

Those experts who were just shouting have now lowered their heads.

They suddenly realized.

He spent his whole life studying finance, but he actually doesn't understand people at all.

I don't understand those who struggle at the bottom but still want to maintain a decent life.

"and."

Lin Che changed the subject.

His gaze softened.

"Of this 0.37% of bad debts."

"There's still 80% left."

"It's not that I don't want to pay it back."

"It's impossible to pay it back."

Screen switching.

A series of shocking photos emerged.

The scene of the car accident.

The diagnosis from the intensive care unit.

And... a death certificate.

"Of these 16 million bad debts..."

"80% of borrowers have experienced serious illness, accidents, or even death."

"According to the bank's rules, at this point they should expose their contact list, harass their families, and even file a lawsuit."

Lin Che paused for a moment.

He glanced at Zhang Zhengyi.

"But I didn't."

"I'll have the Abyss system process these debts..."

"It's been cancelled."

The entire audience erupted in uproar.

Write-off?

That's real gold and silver!

You just say you don't want it anymore?

"Not just write-offs."

"We also sent fruit baskets and monetary gifts to the families of these users."

Lin Che smiled, somewhat helplessly.

"So, Team Leader Zhang."

"Those 'bad accounts' you found out were actually pension payments I sent out."

"If you think this is also a sin."

"Then please."

Lin Che opened his arms.

Like a saint awaiting punishment.

that moment.

The atmosphere at the hearing completely changed.

It is no longer a trial.

It was an indescribable shock.

The retired leader of the central bank, sitting in the first row, took off his glasses and wiped the moisture from the corner of his eyes.

slowly.

They applauded.

"Smack."

"Slap, slap."

The applause went from sparse to dense, and finally turned into a thunderous roar.

Those reporters.

Those scholars.

Even the vice presidents of those banks couldn't help but stand up.

Amidst thunderous applause.

Zhang Zhengyi stood there all alone.

The audit report in my hand felt incredibly heavy.

He lost.

We lost completely.

It's not just about losing on the numbers.

They lost because of their limited perspective.

He thought he was protecting the dam, but little did he know that Lin Che had turned the flood into spring rain that irrigated the fields.

"0.37%..."

Zhang Zhengyi closed the report, looking as if he had aged ten years.

He looked at the radiant young man on the stage.

He gave a wry smile.

"The younger generation is truly formidable."

……

late at night.

The headquarters building of one of the Big Four banks.

President's Office.

"Splash!"

A priceless Ming Dynasty blue and white porcelain cup was smashed to the ground.

Debris flew everywhere.

The vice president, who had just been forced to applaud at the hearing, now had a contorted face, looking like a wounded wild beast.

"0.37%!"

"How did he do that! What makes him think he can do that!"

"We have a risk control team of tens of thousands of people and have purchased hundreds of millions of yuan worth of credit data, yet our bad debt rate is five times higher than theirs!"

The vice president slumped into the leather sofa.

He was panting heavily.

fear.

A fear that runs deep in your bones.

If Weiguang had only taken away payment, they could have tolerated it.

But now.

Weiguang has proven that it understands credit, risk, and this generation of young people better than banks.

This means...

The next ten years.

Banks will completely lose their pricing power over the younger generation.

"It's over..."

The deputy bank manager stared blankly at the dark night sky outside the window.

"He's not in finance."

"He's sucking our blood."

"He's swallowing our future whole, skin and bones."

The phone on my desk suddenly rang.

The red breathing light flashed rapidly in the darkness.

That was an accountability call from higher up.

The deputy bank manager picked up the receiver with trembling hands.

that moment.

he knows.

The death knell of the old era has been sounded.