A Bentley Mulsanne and two Escalades were parked downstairs.
Chen Dongcheng got out of the car and walked into the office building with Xie Jingyu and others.
Tower A, 36th and 37th floors.
Weizhong Bank is now working here. As an Internet bank with a start-up capital of up to 3 billion, Weizhong Bank is very wealthy.
Renting a two-story office building is just a small thing.
The short front desk girl at the door looked at Chen Dongcheng and the others and asked dutifully: "Hello, do you have an appointment?"
"This is Director Chen. I ask you not to remember the information about the directors."
Another tall man at the front desk scolded the short girl and quickly apologized on her behalf.
"Director Chen, I'm very sorry. Xiaoying has just arrived and is not familiar with you. I will take you to the chairman's office right now."
Chen Dongcheng didn't want to compete with a receptionist, so he corrected him: "Take me to the president's office."
The girl at the front desk was stunned for a moment, then nodded and said, "Okay."
When it comes to the establishment of Weizhong Bank, Chen Dongcheng didn't pay much attention except giving money.
He has no such connections in the financial field and said it would be unrealistic for him to contact experienced executives.
Tengxun is not much better, which leads to the fact that within Weizhong Bank, there are seven senior executives from the Kangan department, and there are only eleven senior executives in total.
As the major shareholder, Tengxun completed the exchange of interests with the Kang'an Department.
The top management is led by the Kang'an department, while the middle management and developers are all from Tengxun.
The two companies have worked together to make the Internet banking project a success.
They felt comfortable, but President Cao Tong felt uncomfortable.
When I left CMB with full confidence, I did not hesitate to give up my bureau-level status.
Now stuck in the quagmire, Cao Tong decided to meet Chen Dongcheng after thinking about it.
Within Weizhong Bank, many executives are curious about this mysterious shareholder.
"Dong dong dong."
There was a knock on the door, and Cao Tong's deep voice inside said: "Come in."
The front desk led Chen Dongcheng into the room and closed the door.
What is said there is not something a little person like her can listen to.
Cao Tong can be regarded as a young man among bank practitioners, and he is only 47 years old this year.
He took the initiative to contact Chen Dongcheng, which was a very subtle move.
"Dr. Chen, I have admired your name for a long time. When I saw you today, you are indeed a young talent."
Cao Tong smiled and stretched out his hand, complimenting him casually.
"Cao Xing is over-reputed."
Chen Dongcheng replied politely, sitting on the sofa and watching Cao Tong's performance.
Cao Tong was not in a hurry to talk, so he started to make tea and talk about some recent events at Wei Zhong Bank.
Regarding these, Chen Dongcheng has always been paying attention.
Chen Dongcheng’s think tank will also continue to analyze the current information of Weizhong Bank.
Determine whether there is room for growth so that you can sell in time to obtain maximum profits.
"Director Chen, I think you should know something about the internal affairs of Weizhong Bank. My ideas conflict with those of the Kang'an department."
Cao Tong finally got to the point and probed in a subtle way.
Chen Dongcheng sipped the tea gently, tried to figure out what Cao Tong meant, and asked, "What does Cao Xing mean?"
"Your shareholding ratio is no less than that of Tengxun. If your vote is needed, I hope you can stand by me."
Chen Dongcheng narrowed his eyes slightly, this Cao Tong was very restless.
Weizhong Bank was established by the Kang'an Department, and Cao Tong was just the president who best fit the philosophy of Tengxun and the Kang'an Department after screening from many parties.
Not long after joining the job, Cao Tong had already begun to plan to further divide the rights, which was indeed ambitious enough.
Historically, it didn't take long for this person to be sidelined by the Kang'an department and end up being kicked out.
Kang'an Department finally took over the power, WeBank also successfully integrated, and everything was great.
Chen Dongcheng has a lot to consider. 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 cannot withstand any storm.
But to say that Weizhong Bank has developed so smoothly, it is definitely inseparable from the support of Tencent.
The huge number of social users alone is enough to sustain Weihe Bank for several years.
Cao Tong was very patient and there was no trace of impatience on his face.
This kind of composure cannot be tempered without decades of workplace experience.
"I will seriously consider it."
Cao Tong was overjoyed and poured tea for Chen Dongcheng again with a calm expression on his face.
"Don't worry, my relationship with the Kang'an department will continue for a while. I just want to find a talisman for myself."
The equity structure within Weizhong Bank is very interesting, and Tengxun may play a neutral role in many cases.
If the Kang'an Department wanted to squeeze him out, it would be difficult for Cao Tong to resist.
Think about the eleven internal executives, seven of whom are from the Kangan department.
How difficult would it be for Cao Tong to issue orders smoothly?
After leaving Cao Tong's office, the front desk invited Chen Dongcheng to the chairman's office.
Gu Min, who has a Kang'an background, said enthusiastically: "Director Chen, I happen to have some business to report to you. We are currently..."
Chen Dongcheng had learned some information about Gu Min before. Gu Min was a professional manager recruited from outside by the Kang'an Department.
Since I have entered the Kang'an Department, it is certain to have a Kang'an Department background.
Gu Min and Cao Tong are both young and want to make Weizhong Bank a success.
But this involves a question: Whose words are the most effective?
Cao Tong has always wanted to reverse this situation, and Gu Min naturally doesn't want to give up his power.
The relationship between Tengxun and Kang'an is delicate. They share the good cake with each other, leaving limited space for Cao Tong.
Chen Dongcheng was thinking about this rapidly in his mind and asked: "I heard that Weilidai did not perform well after it was launched?"
Gu Min replied: "From our establishment to now, the first product launched is Weilidai."
"Tengxun is relatively conservative about Weilidai. We currently only lend 7 billion yuan, with a loan balance of 3 billion yuan and a total of about 350,000 credit users."
This ratio is indeed a bit low, if we follow the development model of traditional banks.
A micro-heavy bank with a registered capital of 3 billion can do 30 billion in business through 10 times leverage.
It’s just that the risk of this model is too high, and Gu Min doesn’t want to use this model entirely.
Otherwise, the name of Internet banks will be in vain.
The loan limits of many rural banks are higher than those of today's micro-banks.
Chen Dongcheng shook his head and said: "Too few, you should take a bigger step."
"Dr. Chen, we want to do it too, but as you know, we have many stubborn parties within us and it is very difficult to reach a consensus."
What Gu Min means is to play it slow and steady, and first let the team get along well before moving on.
Chen Dongcheng sat for a while without comment, left Gu Min's office, and made an appointment with Cao Tong for lunch.
After looking for a Chinese restaurant nearby, Cao Tong also heard that Chen Dongcheng had gone 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 has sole power, are you sure that the decree will be issued and implemented?"
"This is still okay. It's just some daily matters, and some people follow the instructions but don't listen to the propaganda."
"If the decree I propose is in line with the development of the company, Tengxun will definitely be on our side."
Cao Tong answered quickly, vaguely aware of Chen Dongcheng's meaning.
Chen Dongcheng nodded and asked, "I have an idea, you might as well listen to it."
"You say it, I'm all ears."
Cao Tong put down his chopsticks and listened intently.
"Compared with those traditional banks, micro-heavy banks are unable to absorb deposits. This is an inherent flaw."
"It also means we can't use our deposits to lend and earn interest rates."
Cao Tong nodded and sighed: "What you are saying 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 restricted by policies and cannot open branches across provinces."
“If we discuss cooperation with them, they will be responsible for providing the funds.
We are responsible for screening credit users who meet the requirements and giving them interest sharing, do you think they will agree?"
Cao Tong suddenly slapped the table excitedly: "This idea is very good, I'm sure they will be moved by it."
To put it simply, this is the model of making money while lying down.
It is precisely because of this method that Weizhong Bank has developed so rapidly.
Chen Dongcheng looked at the excited Cao Tong and said with a smile: "I call this model a joint loan."
"We jointly invest with fund providers to reduce their investment concerns."
"However, the proportion of our investment is very small, and the capital providers account for the majority."
"We are responsible for risk control, and if there is a default, we are willing to take the risk."
"As for the income provided to the fund providers, I think they should be very satisfied within the interest range of 6-7%."
Cao Tong listened very carefully, his eyes shining brightly.
This was the first time he heard such a novel model.
Isn't this the path they have been looking for in Internet banking, which does not follow the traditional model of collecting deposits and lending loans?
Backed by the aircraft carrier Tengxun, Weizhong Bank has a natural advantage.
Currently, the number of whitelisted users who have obtained credit exceeds 30 million.
The so-called whitelist user means that as long as the user inquires about the credit limit, Weizhong Bank will obtain the user's credit report from the central bank in the name of applying for a loan.
Although this model is somewhat unorthodox, it is very helpful in reducing bad debts.
Besides, for those who are in urgent need of a loan, it’s not particularly overwhelming to check your own credit score.
Chen Dongcheng told Cao Tong this model that should have been realized by Weizhong Bank two years later, which changed Cao Tong's fate.
There is no doubt that this model will be adopted.
Since Cao Tong proposed this model, it should not be a problem to gain dominance in this model.
The struggle between Cao Tong and others from the banking department and the Kang'an department may last longer.
Appropriate internal fighting is conducive to the progress of the company.
On the contrary, it is easy to lead to death if there is an illusion of harmony.
Cao Tong discussed the specific details with Chen Dongcheng in detail, took the initiative to pay the bill after the meal, and returned to Weizhong Bank in a hurry.
With Chen Dongcheng's plan in mind, 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 intention, and he seemed to be making some big move.
A week later, Cao Tong proposed to convene a board of directors meeting.
All directors were present. Among the senior executives, only President Cao Tong and Chairman Gu Min were eligible to attend.
The remaining three independent directors are as well as representatives of the three shareholders of Tengxun.
The big bosses gathered at the scene, shook hands and exchanged a few words with each other, and Cao Tong made a report.
"Dear directors, this meeting of the board of directors is mainly about the future development model of Weizhong Bank. I have some ideas and I hope all directors can comment on it."
I have to say that Cao Tong does have a few brushes.
He can stand out from many candidates for president with his eloquence and ability.
Gu Min frowned, and his expression became increasingly ugly as he listened to Cao Tong's narration.
Cao Tong slightly polished the model Chen Dongcheng told him that day and told it to all directors.
The people who can sit here are all talented people with strong intelligence and skills. They know that this model has great potential almost as soon as they hear it.
But what makes the atmosphere subtle is that this model was proposed by Cao Tong.
You must know that within Weizhong Bank now, Gu Min and the Kang'an Department have sole power.
Cao Tong now proposes such a promising model, which immediately puts Kang'an at a disadvantage.
Cao Tong coughed lightly and looked at the short middle-aged man on his right: "Director Lin, what do you think?"
Chen Dongcheng glanced at Lin Li. This leader of the Liye Group had an extraordinary relationship with the Kang'an Department.
Lin Li said with a smile: "Very good, it seems that Teng Xun and Director Gu chose Cao Xing as the helmsman of Weizhong Bank, which was very wise."
What seems like a compliment is actually a slap in the face.
Lin Li pointed out that Cao Tong was the agent selected by Gu Min.
Cao Tong wants to overthrow the Kang'an system, but he is still far away.
Cao Tong was unmoved. He had known that Lin Li, an old fox, would not be easy to deal with. He looked at Zhu Baohua and said, "Dr. Zhu, what do you think?"
"I see, as long as it can make money, that's a good model."
Zhu Baohua is a cunning old man, he is the actual controlling shareholder of Baiye Yuan.
The shareholding ratio is the same as that of Liye Group, 20%.
Chen Dongcheng doesn't need to ask, this is the model he proposed, and it will definitely be on his side.
Zhu Baohua remained neutral.
Only Lin Jinghua from Tengxun remained silent.
Tengxun is of great significance to Weizhong Bank, far more than other shareholders.
If it weren't for the policy that a single shareholder could hold up to 30% of the shares, there would be no chance that Chen Dongcheng and the others would be sitting here.
Lin Jinghua's expression changed, obviously he was weighing the pros and cons.
The atmosphere in the conference room froze for a while, and after a long time he slowly said: "We might as well let Cao Xing take the lead in this attempt, and we, Tengxun, will fully cooperate with you."
When Teng Xun speaks, it represents the weathervane.
After all, everyone invests to make money.
With such a good model now, Tengxun will definitely strive to maximize profits.
As for the little fight between Cao Tong and Kang An, it is completely under control.
When the meeting ended, many people standing outside noticed a scene they would never forget.
Cao Tong walked out of the conference room with a smile on his face, followed by Gu Min, who had a gloomy face that could drip water.
The faces of other directors also had different expressions.
Unknowingly, all employees had a premonition that a storm was coming.
Cao Tong's stage victory can be regarded as temporarily suppressing the arrogance of the Kang'an department.
There is no surprise that Chen Dongcheng has teamed up with several banking departments.
The Kang'an Department is the dominant one, so if they want to ensure their right to speak, it is inevitable to unite with each other.
For Chen Dongcheng, appropriate restrictions on the Kang'an system will only benefit him, not any harm.
In short, Chen Dongcheng does not allow anyone to ruin his plan to make a fortune.
The reason why we took the initiative to give Cao Tong advice was not because Weizhong Bank had taken many detours in its history.
Chen Dongcheng does not have the patience to wait for Weizhong Bank to develop slowly and make big strides in order to meet his plan for Weizhong Bank.