My Life Can Hang

Chen Dongcheng's think tank will continue to analyze the current information of Weizhong Bank.

Determine whether there is room for upside so that you can sell in time to get the most profit.

"Chen Dong, I think you should also know a thing or two about the internals of Weizhong Bank. I have some serious conflicts with the concepts of the Kang'an Department."

Cao Tong finally got to the point and made a subtle test.

Chen Dongcheng tasted the tea lightly, figured out what Cao Tong meant, and asked, "What does Cao Xing mean?"

"Your shareholding ratio is no less than Fujixun. If you need to vote, I hope you can stand by me."

Chen Dongcheng's eyes narrowed slightly, this Cao Tong is very restless.

Weizhong Bank was established by the Kang'an Department, and Cao Tong was just a president who had been selected by many parties and was most in line with the concepts of Tengxun and the Kang'an Department.

Not long after he joined the company, Cao Tong had already begun to plan to further divide his rights, which was indeed ambitious enough.

In history, this one was not long in the air, and was swept out of the house by the Kang An Department.

The Kang'an Department finally took over the power, and WeBank also successfully ran in, and it was a great success.

Chen Dongcheng needs to consider a lot. If he supports Cao Tong, will it affect the future development trend of WeBank?

A super unicorn with a valuation of tens of billions of dollars naturally cannot withstand a little storm.

But to say that the development of the micro-heavy bank is so smooth, it must be inseparable from the support of Fujixun.

The huge social users alone are enough for micro-heavy banks to eat for a few years.

Cao Tong was very patient, and there was no trace of impatience on his face.

This kind of composure cannot be honed without decades of workplace experience.

"I will seriously consider it."

Cao Tong was overjoyed, and calmly filled Chen Dongcheng's face with tea again.

"Don't worry, my run-in with the Kang An Department will continue for a while. I just want to ask for an amulet for myself."

The equity composition within the micro-heavy bank is very interesting, and Fujixun may often play a neutral role.

If the Kang'an Department deliberately excluded him, Cao Tong would have a hard time resisting.

Think about the eleven internal executives, seven of them are from the Kangan department.

How difficult would it be for Cao Tong to issue the order smoothly?

After leaving Cao Tong's office, the front desk invited Chen Dongcheng to the chairman's office.

Gu Min, who has a background in the Kang'an Department, said enthusiastically: "Chen Dong, I happen to have a business to report to you. We are currently..."

Chen Dongcheng had learned some information about Gu Min before. Gu Min was a professional manager dug out by the Kang'an Department.

Since you have entered the Kang'an Department, the background of the Kang'an Department is certain.

Gu Min and Cao Tong are both young, and they both want to do well in micro-heavy banking.

But there is a question involved, who has the best words?

Cao Tong always wanted to reverse this situation, and Gu Min naturally did not want to give up his power.

Teng Xun has a delicate relationship with the Kang An Department, and they share the cake with each other, leaving limited space for Cao Tong.

Chen Dongcheng quickly thought about these things in his mind, and asked, "I heard that after the micro-credit went online, it did not perform well?"

Gu Min replied: "From our establishment to the present, the first product launched is Micro Loan."

"Tengxun's side is conservative with Micro Loans. We only lend 70 billion yuan at present, the loan balance is 30 billion yuan, and the cumulative credit users are about 35."

This ratio is indeed a bit low, according to the development model of traditional banks.

Weizhong Bank, with a registered capital of 30 billion, can do 300 billion business through ten times leverage.

It's just that this model is too risky, and Gu Min doesn't want to use this model completely.

Otherwise, the name of the Internet bank will be blinded.

The loan amount of many village banks is higher than that of today's micro-heavy banks.

Chen Dongcheng shook his head and said, "It's too little, your steps should be bigger."

"Chen Dong, we also want to, but you know, we are stubborn from many parties, and it is very difficult to reach a consensus."

Gu Min means to be steady and steady, let's talk about the team's running-in first.

Chen Dongcheng was noncommittal, sat for a while, left Gu Min's office, and made an appointment with Cao Tong for lunch.

He found a Chinese restaurant nearby, and Cao Tong also heard that Chen Dongcheng went to Gu Min's office, but he didn't think Chen Dongcheng would support the Kang'an Department.

Chen Dongcheng was eating the food, and suddenly said, "Now that the Kang'an Department is in power, are you sure that the decree will be issued and executed?"

"This is still okay, it's just some daily affairs, and some are not listening to the tune."

"If the decree I propose is in line with the company's development, Fujitsu will definitely be on our side."

Cao Tong replied quickly, vaguely aware of some of Chen Dongcheng's meanings.

Chen Dongcheng nodded and asked, "I have an idea, you might as well listen."

"You say, I am all ears."

Cao Tong put down his chopsticks and listened intently.

"Compared with traditional banks, micro-heavy banks cannot take deposits, which is a natural flaw."

"It also means we can't lend on our deposits and earn the spread."

Cao Tong nodded and sighed: "What you said is that the remote face recognition account opening technology has never been perfected, and we can only rely on other traditional banks."

Chen Dongcheng continued: "As far as I know, many city commercial banks are subject to policies and cannot open branches across provinces."

"If we negotiate with them, they are responsible for funding.

We are responsible for screening qualified credit users and giving them interest sharing. Do you think they will agree? "

Cao Tong suddenly patted the table excitedly: "This idea is very good, I'm sure they will be moved."

In simple terms, this is the model of lying down and making money.

It is precisely in this way that the development of micro-heavy banks is so rapid.

Chen Dongcheng looked at the excited Cao Tong and said with a smile, "I call this model a joint loan."

"We are co-financing with fund providers to reduce their investment concerns."

"However, the proportion of our investment is very small, and the fund providers account for the majority."

"We are in charge of risk control, and if there is a default, we are willing to take the risk."

"As for the income given to the fund provider, I think they should be very satisfied within the range of 6-7% interest."

Cao Tong listened very seriously, and his eyes were full of brilliance.

It was the first time he had heard such a novel model.

This is not the way they have been looking for Internet banking, instead of taking the traditional model of taking deposits and lending.

Backed by the aircraft carrier Fujixun, Weizhong Bank has a natural advantage.

At present, there are more than 3000 million whitelist users who have obtained credit authorization.

The so-called whitelisted user means that as long as the user has the behavior of querying the quota, the micro-heavy bank will obtain the credit report of the user from the central bank in the name of applying for a loan.

Although this model is somewhat inauthentic, it is very helpful in reducing bad debts.

Besides, for those who are in urgent need of loans, it is not particularly difficult to resist after investigating their own credit.

Chen Dongcheng told Cao Tong about the pattern that should have been realized by Weizhong Bank in two years, which changed Cao Tong's fate.

There is no doubt that this model will definitely be passed.

Since Cao Tong proposed this model, it should not be a problem to gain the dominance of this model.

The struggle between Cao Tong's several banking departments and the Kang'an department may last longer.

Appropriate infighting is conducive to the company's progress.

On the contrary, an illusion of harmony can easily lead to death.

Cao Tong discussed the specific details with Chen Dongcheng, took the initiative to pay the bill after eating, and hurriedly returned to Weizhong Bank.

With Chen Dongcheng's plan, Cao Tong was in no hurry to hold the meeting.

Instead, he began to use his personal connections to communicate with many city commercial banks.

For a while, Gu Min couldn't figure out Cao Tong's intentions, as if he was doing something big.

A week later, Cao Tong proposed to hold a board meeting.

All the directors were present, and the senior executives were qualified to attend, only President Cao Tong and Chairman Gu Min.

The remaining three independent directors, as well as the representatives of the three shareholders of Fujixun.

The big bosses gathered at the scene, shook hands with each other and talked a few words, and Cao Tong reported.

"Dear directors, the meeting of the board of directors this time is mainly about the future development model of Weizhong Bank. I have some ideas, and I hope all directors can comment."

I have to say that Cao Tong does have a few brushes.

Being able to stand out from many candidates for president, his eloquence and ability are all top-of-the-line.

Gu Min frowned, listening to Cao Tong's narration, his expression became more and more ugly.

Cao Tong slightly polished the model that Chen Dongcheng told him that day, and told it to all the directors.

The people who can sit here are all talented people with strong intelligence and skill, and almost immediately know that this model has great potential.

But the subtlety of the atmosphere is that this model was proposed by Cao Tong.

You must know that inside the Weizhong Bank, but Gu Min and the others are in the Kang'an Department.

Cao Tong now proposes such a very promising model, which immediately puts Kang An at a disadvantage.

Cao Tong coughed lightly and looked at the short middle-aged man on the right: "Director Lin, what do you think?"

Chen Dongcheng glanced at Lin Li, the leader of the Liye Group, who had an extraordinary relationship with the Kang An Department.

Lin Li said with a smile: "Very good, it seems that Teng Xun and Gu Dong chose Cao Xing as the helm of Weizhong Bank, which is very wise."