Primordial Capital.
Chen Mo had just finished reading Friday's closing report.
The phone vibrated on the table.
He paused when he saw the caller ID.
This was the first time Lu Changming had contacted him since the incident.
"Uncle Lu."
There was silence for a few seconds on the other end of the phone.
Lu Changming's voice was clearly tired.
"Thanks for your hard work."
Although it only has three words.
But both of them were well aware of the implications.
"Billions in funding and global credit," Lu Changming said. "Chen Mo, the Lu family will remember this favor."
"it is good."
Chen Mo did not refuse again.
He didn't win this financial war easily.
He put almost everything on the table: funds, credit, personal connections, and even potential regulatory responsibilities.
Any unexpected event could lead to drastically different outcomes.
Fortunately, he made it to the end.
The phone went silent.
After a moment, Lu Changming slowly spoke.
"Once everything is settled, you and Jingyi can go home together for a meal."
"must."
The phone hangs up.
Chen Mo put down his phone and looked out the floor-to-ceiling window.
Just then.
Downstairs, a black sedan without any special markings slowly came to a stop.
Han Jingzhi got out of the car and looked up at the floor where Taichu Capital was located.
……
Five minutes later.
The receptionist reported via internal phone that an elderly man surnamed Han wanted to see Chen Mo.
The other party only brought a secretary and a driver.
Qin Feng has confirmed the visitor's identity through internal channels.
"Han Jingzhi".
His expression became noticeably more serious when he said the name.
"Director of the Finance Office of the Central Committee of the Communist Party of China, at the ministerial level. Responsible for coordinating financial, fiscal, state-owned asset, and major industrial policies."
Chen Mo glanced at his phone, which had just ended a call.
"Take him to Conference Room Number One."
Chen Mo said.
"Check the equipment again."
"clear."
The Primordial One conference room was shut down from all external wireless signals.
With the heavy curtains drawn, Qin Feng and his men used high-frequency detectors to thoroughly scan the area from the corners of the walls and lamps to the gaps between tables and chairs, and even unplugged the landline telephone.
When Han Jingzhi reached the door, the cleaning work was not yet fully completed.
The secretary had just frowned when Han Jingzhi raised his hand to stop her: "We just had a truck collision, and someone died in the company. It's only right that the young man is cautious."
After saying that, he handed over his cell phone and pen and went inside.
Only two cups of tea and two people sitting opposite each other remained in the meeting room.
"Director Han," Chen Mo stood up and greeted him.
Han Jingzhi sized up the young man opposite him: "You know me?"
"Just found out."
Han Jingzhi didn't rush to talk about business. He picked up his teacup, smelled it, and then put it back on the table.
"You must have a lot of questions."
There's only one.
Chen Mo looked at him.
Why?
"Are you asking why the beginning was disturbed, or why this particular time was chosen?"
Is there a difference?
"Of course."
Han Jingzhi spoke calmly.
"The former is a struggle over the direction, while the latter is about the means."
Chen Mo did not interrupt.
Han Jingzhi continued, "Lu Changming and I are both on the list for the next round of selection."
"We have different judgments on many things."
Han Jingzhi gently placed his fingers on the rim of the cup.
"Public funds can bear industrial risks, but we cannot place too much emphasis on the judgment of a few entrepreneurs."
"We cannot assume that someone will not make mistakes in the future just because they have done something right a few times in the past."
"Primordial II is the most prominent example of Lu Changming's approach."
Having said that, the answer is obvious.
Chen Mo slowly said, "Therefore, as long as Taichu No. 2 suffers huge losses, Lu Zhilan will have to take responsibility."
"After Lu Zhilan was removed from office, Director Lu's judgment in personnel selection and industrial strategy will also be questioned."
Han Jingzhi picked up his teacup and took a sip.
"That's right."
Chen Mo's face turned cold: "Xu Xiang, Taichu No. 4, Feng Kai, overseas accounts, and then Taichu No. 2."
"You calculated from the beginning that Director Lu could not interfere with the investigation, and the Lu family could not use money to bail out the market."
"The timing was indeed carefully chosen," Han Jingzhi did not deny. "But you're wrong about one thing."
"What?"
"I never intended to decide the outcome based on a fake document."
Han Jingzhi looked at Chen Mo.
"Xu Xiang has a history of controversy."
"The thirty-first account has appeared on Primordial Four."
"Feng Kai leaked internal information and also received money from overseas."
"Lu Zhilan's decision to appoint you as a strategy consultant did indeed require consideration of conflict of interest and procedural verification."
"The retreat of Primordial II also happened before everyone's eyes."
"These problems are all true."
Chen Mo asked, "Were those simultaneous sell orders in the market also a coincidence?"
"When capital sees the same fatal flaws and collapses in the same direction, it doesn't require everyone to sit in a room and sign off."
Han Jingzhi paused for a moment, then sighed, "We assessed Taichu, Xingchen, Chuangsheng, and Douyin, and we also know that you have gained quite a few European allies since Paris... Unfortunately, we have already overestimated you as much as possible."
Chen Mo remained noncommittal: "You came here in person today to review the situation?"
"It's to stop this from where it should stop."
Han Jingzhi replied.
"The market has already given its answer."
"Continuing to push this will only turn it into personal revenge."
"I have submitted an explanation and withdrawn from the next round of candidate evaluation."
He spoke at this point, and for the first time, he faced the defeat squarely.
"I accept the consequences of my bet."
Chen Mo didn't relax after that question: "How do you predict Feng Kai's fate?"
The atmosphere in the meeting room suddenly became heavy.
Han Jingzhi remained silent for a few seconds.
"After his death, the nature of this matter changed."
"You didn't know beforehand?"
"I know that someone has access to his old transaction records, and I also know that someone has obtained Primordial internal information through him."
Han Jingzhi did not avoid this question.
"The initial plan was to continue until he was placed under investigation."
"After Feng Kai was taken into custody, some people worried that he would reveal his overseas accounts and contacts in China, and continue to pressure his wife and children. But I did not give that order."
Chen Mo stared at him: "Who?"
"I won't just throw out a name without evidence to give you an explanation," Han Jingzhi took a deep breath. "But at the same time, I won't suppress evidence for anyone."
"Whoever crosses the boundary shall bear the responsibility."
Chen Mo nodded and changed the subject: "When will Xu Xiang come out?"
"This is not a decision I can make."
Han Jingzhi replied.
"However, the part concerning Primordial IV has been verified, and based on the information I have so far, there is no need to continue restricting him."
Once the pressure from behind the scenes is removed, Xu Xiang will soon regain his freedom.
Han Jingzhi tapped the table and continued, "The personnel dispute is over, and there are some things that need to be explained."
He then took two folders out of his file bag.
The first one was much thicker, and the cover had no organization name on it, only an internal number printed on it.
The next batch of pilot private bank projects is being prepared.
Chen Mo turned to the first page, his gaze quickly landing on the project overview.
The proposed bank is tentatively named Huake Bank.
The registered capital is 5 billion yuan.
Its positioning is for technology-based SMEs, advanced manufacturing, and supply chain finance.
The preparatory team has been working for nearly a year. The original plan was for the largest shareholder to hold 30% of the shares, requiring a paid-in capital of 1 billion yuan, and to assume responsibility for replenishing capital and participating in the disposal in the event of major risks to the bank.
This share is far greater than the 30% stake of an ordinary company.
It corresponds to the position of the main initiator of a nationwide private bank.
"Judging from the materials, the original initiator is preparing to withdraw?" Chen Mo raised his head.
"The industrial group behind it is preparing to make overseas acquisitions soon," Han Jingzhi said. "Regulatory authorities are worried that the source of capital and cross-border assets are too complicated, and if it continues to be the largest shareholder, it will be difficult for the project to move forward."
"Instead of disbanding the preparatory group, it would be better to find a more suitable initiator with stronger capital and industrial foundation."
Chen Mo looked at him: "Director Han wants me to take over?"
To be precise, it's giving you a chance.
Han Jingzhi did not claim that the regulatory approval process was his private property.
"However, the entity undertaking this task needs to use its own funds and set up a separate financial investment company."
"Prices are settled based on actual preparation costs, with no additional premium charged."
"But the China Banking Regulatory Commission will re-examine the new company. If you don't pass the review, no one will give you the license."
Chen Mo continued flipping through the pages.
He soon saw a draft equity segregation framework.
Even if the newly established company becomes the largest shareholder, it cannot use bank funds to provide financial support to related companies.
However, he had no objection to this, as he had plenty of money and did not need a bank to act as an ATM.
The key point is that during this period, access to private banks is extremely scarce.
Chen Mo closed the first folder: "Is this compensation?"
"It's not for you."
Han Jingzhi calmly stated, "The 1 billion yuan capital will be fully paid up by your newly established financial investment company, which will also bear the operational risks of the bank. Whether it will ultimately be approved is up to the regulators."
Han Jingzhi had his own pride. Although he used Tai Chu to take action against the Lu family, he still wanted to befriend Chen Mo. So he adopted the most direct method.
A rare financial entry ticket was placed in front of Chen Mo.
"I'll take the bank." Chen Mo didn't pretend to hesitate; he understood the scarcity of this pass better than anyone else.
Moreover, the victors should rightfully enjoy the fruits of victory.
Han Jingzhi didn't seem surprised that Chen Mo accepted so readily.
He then pushed the second blue folder over.
The cover has four characters written on it.
LandSpace.
"Established in June this year, founded by Zhang Wu, its main focus is on private carrier rockets and commercial launches."
The company was recently established, and its team, technology roadmap, and supply chain are all in their early stages.
An official in the Finance and Economics Office who conducts strategic industry research recommended this project to a market-oriented industrial fund at the beginning of the year.
The fund holds 40 percent of Blue Arrow's shares and also has the right of first refusal in the next round of subscription.
In the previous life, Blue Arrow's Vermilion Bird III successfully completed its second recovery and its third return to flight. The subsequent Vermilion Bird IV and V even caught up with the starship's progress.
It is also a leader in China's commercial space industry.
It successfully completed its IPO in early 2027, with a valuation of 300 billion on its first day of trading.
(This is just a fictional story, made up by the author. Just read it for fun.)
"The fund is willing to transfer this 40% along with the pre-emptive right to the industrial investment company under Xingchen Technology, based on the latest valuation."
Han Jingzhi said, "I know you hold shares in SpaceX in the United States and have been paying attention to reusable rockets and satellite internet."
"Blue Arrow lacks shareholders who can tolerate long-term losses. That fund is suitable for early-stage incubation, not for accompanying a rocket company for ten years."
The principal sponsorship right of a private bank.
LandSpace owns 40% of the early shares.
This compensation was like adding wings to a tiger for Chen Mo.
He put away the blue folder.
"Starry Sky Industry Investment will immediately conduct due diligence. If there are no major issues, the transaction will be completed based on the most recent fair valuation."
"it is good."
Han Jingzhi stood up.
As he walked to the conference room door, he suddenly stopped and looked back at Chen Mo.
"So young."
"Is there anything else?"
"I'm starting to envy Lu Changming."
Chen Mo thought he was referring to the recently concluded selection process.
"Are you envious of his victory?"
"I envy him for having a daughter."
Chen Mo was speechless for a moment.
A slight smile finally appeared on Han Jingzhi's face.
"If I had a daughter, and sent her to Wall Street a few years earlier, she might have met you before Lu Jingyi."
"Then this situation today might not even escalate into a fight."
"Director Han, you're thinking a bit too far ahead."
"When you lose, you have to allow yourself to find a reason that makes you feel better."
Han Jingzhi opened the door.
"Unfortunately, I only have a few good-for-nothing sons who aren't destined for this fate."
After saying that, he walked straight out of the conference room.
Chen Mo stood there, looking at the blue folder on the table, and gently shook his head.
These people in high positions are indeed not simple.
It appears to be a voluntary withdrawal, but in reality, it is an active attempt to curry favor with the Lu family, to establish connections with Taichu, and to gain favor from both sides.
So what if someone like that loses?
In the midst of thousands of flowers, the leaves do not stick to the body.
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