Rebirth: My college entrance exam score was stolen? I turned the tables and made a billion.

The atmosphere in the study changed instantly.

Lin Weimin's words carried considerable weight.

He was not only calculating the economic costs for Liu Guangming, but also the political costs.

Liu Guangming...of course, understood the stakes involved.

These days, the issue of individual businesses contracting state-owned assets is an extremely sensitive topic.

If things go wrong due to a break in the funding chain, the conservatives will definitely take advantage of the situation.

In that case, Lin Weimin, who had stood against all odds, would also have to take the blame.

"Uncle Lin, I've already settled the accounts."

The way Liu Guangming was addressed changed, which made them feel closer.

"The 5,000 yuan in back wages owed to Hongxing Grocery Store is an obstacle that must be overcome. I will pay it in cash, without any discount."

Lin Weimin tapped the writing table twice with his finger.

"Can you come up with five thousand yuan?"

"My shaved ice stalls have been making a net profit of over two thousand every day these days."

Liu Guangming told the truth.

"The shaved ice stall has been running non-stop these past few days, and with the money I had saved up before, I settled the accounts before being discharged from the hospital today."

"My brothers are willing to work together too."

"I have a little over seven thousand in cash on hand."

Lin Weimin raised his eyebrows slightly.

Seven thousand yuan!

In 1992, this was an absolute fortune for a young man who had just graduated from high school.

Even a typical dual-income family in the county might not be able to save this much cash even after working for ten years.

"That's quite a lot of money."

Lin Weimin sighed sincerely, but then changed the subject. "But seven thousand yuan is still a bit short of enough to take over the Hongxing Grocery Store!"

"Of this seven thousand yuan, five thousand will be used to cover the unpaid wages owed to Wang Gui. What can we do with the remaining two thousand yuan?"

"That grocery store is located at the busiest intersection, with a storefront of over 300 square meters."

"As long as those people in the Commerce Bureau follow the rules, they'll pay you a year's rent plus a security deposit to prevent you from running away with the money..."

Lin Weimin's brows furrowed more and more as he calculated.

"I estimate that you still have at least a few thousand in funding shortfall."

"Where are you going to get this money?"

Upon hearing this, Liu Guangming was not in a hurry; instead, he made a startling remark.

"Bank loan."

Upon hearing these four words, Lin Weimin's hand, which was holding a teacup, froze in mid-air.

Several seconds passed before he slammed the teacup down on the table.

"You even know that?"

Lin Weimin's tone was full of surprise.

In 1992, following the dissemination of the spirit of the Southern Tour speeches, the national government did indeed begin to loosen its policies, allowing individual businesses to apply for bank loans in order to encourage the development of the private economy.

But this is merely the spirit of the higher-level documents.

In their remote county town, information is very limited, and the vast majority of ordinary people, and even ordinary cadres within the system, think that borrowing money from a bank is a pipe dream.

This recent graduate is surprisingly keeping up with the times, and even knows the latest financial policies inside and out!

Even if you know the policy, it's useless.

Lin Weimin waved his hand, directly shattering Liu Guangming's illusions.

"Policies are one thing, but their actual implementation is another."

"Is money from the bank so easy to take?"

"When you apply for a loan for your own business, what's the first question the head of the bank's credit department will ask you? They'll ask for collateral!"

Lin Weimin raised his finger.

"Passbooks, treasury bills, bonds, or a real business property under your name with a proper title deed."

Which one do you have?

Liu Guangming honestly shook his head. "I don't have any."

"Then let's not settle it!"

Lin Weimin was also somewhat helpless.

"Without collateral, you can't even get a form from the bank! What's more, even if you happen to get collateral, banks have extremely strict reviews of self-employed individuals, and the procedures are incredibly cumbersome."

"Investigation, assessment, approval, and loan disbursement."

"How long does it take to complete the entire process?"

"By the time you lend the money, Hongxing Grocery Store will have been smashed to pieces by those workers demanding their back wages! Wang Gui's seven-day mourning period will have already passed!"

Lin Weimin sighed deeply.

"Little Liu."

"If the funding problem can't be solved, this contracting pilot program..."

After listening to this earnest analysis, Liu Guangming not only didn't get anxious, but instead laughed.

Although he wasn't a financial tycoon in his previous life, how could he not even have this much common sense?

In their past lives, there was a company called Evergrande and a company called Alipay, both of which were well-known for their lending practices.

"County Chief Lin, the loan process for individual business owners that you described is absolutely correct."

"If I take my stall's business license and apply for a loan at an Agricultural Bank branch in my own name, I will be beaten out with sticks 100% of the time."

Liu Guangming sat up straight and placed his hands on his knees.

"But what if I apply for the loan in the name of Hongxing Grocery Store?"

Lin Weimin was stunned.

Liu Guangming clearly and logically presented another layer of policy inside information that he had learned.

"I have read the newspaper and studied some of the recent guiding opinions on the reform of state-owned enterprises issued by the province."

"There is a very inconspicuous but extremely crucial detail in it."

"Any individual or entity that successfully contracts or leases the operating rights of a state-owned or collective enterprise, as the actual operator, can directly inherit and use the original enterprise's bank credit line!"

Lin Weimin naturally understood what Liu Guangming meant by those words.

He stared intently at Liu Guangming.

As the executive deputy county head in charge of the economy, he grasped the logic almost instantly.

Although Hongxing Grocery Store has been losing money for years, it is a legitimate state-owned enterprise directly under the county's Bureau of Commerce.

This long-established state-owned enterprise has always had large, long-term credit lines from major banks in the county, especially the Agricultural Bank of China and the Industrial and Commercial Bank of China!

In the past, this was a privilege granted to state-owned enterprises to facilitate the turnover of funds for purchasing goods.

This is what people commonly refer to as the "public funds"!

"Therefore, my plan is to proceed in two steps."

Liu Guangming spread his hands, revealing the entire elaborate scheme.

"My first step was to take out the cash I had and place it directly in front of Director Zhang of the Commerce Bureau and the rioting employees."

"This money is specifically for covering the unpaid wages, every penny will be paid out on the spot!"

"As long as Director Zhang isn't stupid, he will definitely want this readily available life-saving money to quell the serious group incident."

"Then, I proposed to lease the Hongxing store. As for the shortfall in rent and security deposit, I discussed installment payments with him!"

Liu Guangming spoke each word with resounding force.

"I signed the contract and paid the down payment to help him resolve his wage arrears problem."

"Once the contract is stamped with the official seal of the Commerce Bureau, I will be the legal contractor of Hongxing Grocery Store!"

"The second step was to take this contract with the official seal to the Agricultural Bank's credit department."

"I won't use the name of a sole proprietor; I'll use my identity as the operator of Hongxing Grocery Store to activate the credit line from the state-owned enterprise that already exists in the bank!"

"As soon as the money is released, I'll use it to pay off the remaining rent and security deposit owed to the Commerce Bureau!"

"Throughout the entire process, I didn't need to provide any private collateral, nor did I need to go through the cumbersome self-employed individual verification process. It used a public name and went through public credit channels!"