"Chairman, Mr. Qi from 361 is here."

Li Zehua, who was discussing cooperation with the heads of Zhongxin and Minsheng Group, was stunned for a moment, "What is he doing here?"

Then he realized that he had been busy dealing with cotton futures and had forgotten about the increasingly intense Sankou dispute, so he said:
"Please ask Mr. Gu to come out and receive us and find out the specific purpose of your visit. Don't rush to express your opinion."

After sending Wang Fei out, he said to Kong Cang, "Kong Shuji, in fact, it is not like the water flowing into the fields of outsiders for me to integrate the resources of the Minsheng Department. After all, I was once a member of Zhongxin."

He was right. When he was reborn, he was selling credit cards in the credit card business department of Zhongxin Bank, but he was just an employee of the outsourced team.

However, his status and position today are no longer the same as before. Who would have thought that the inconspicuous card pusher in the past would turn into a business tycoon who even the chairman of Zhongxin Group has to treat with caution.

When Kong Cang heard this, he was immediately happy. The other party brought this up to be modest, but also to gain his support. This was a good start.

"I didn't expect that you and I have this kind of connection. Mr. Li kept it a secret from me. Since we are family, let's not talk behind each other's backs.

Qingyun wants to take over the Minsheng Group, but there are many obstacles from all sides. It is not easy to get through the Federation of Industry and Commerce either. Especially considering the current environment of Minsheng Group, it is not a good time. "

Dong Wenbiao also chimed in, "Yes, yes, two shareholders who held more than 8% of the shares were wiped out, and small and medium-sized shareholders who held more than 1% were wiped out. Three or four out of ten directors on the board of directors were gone.

In addition, a special investigation team of banks and securities companies is stationed at the headquarters to investigate, the work of the credit risk control and audit department has been paralyzed, and the business of the entire group has come to a halt. It is unknown how long it will take to return to normal.

This is the most severe blow the Group has suffered since its establishment, and is no less severe than the financial crisis in 98...

I am grateful to the late Mr. Rong and Chairman Wang of Zhongxin Group for their appreciation of me and for pushing me to my current position. I am walking on thin ice and trembling with fear, fearing that I will fail Chairman Wang’s trust…”

His words seemed to be complaining to Li Zehua, telling him that the current situation of Minsheng Group was a mess and it was not a good time to intervene, but in fact they revealed more information.

Finally, he pretended to be casual and said lightly: "Mr. Li, you may not know yet, but when we arrived, the person from Fanjiang Group died in the hospital due to illness."

"what?"

Li Zehua had already known what happened from Leader Han in Magic City, and he sighed, "What a pity."

I thought it was too easy for him, but it was also true, just like a circuit failure, with a fuse, the key part was decisively detached so as not to burn the entire circuit.

Kong Cang was a man who could see through this little trick at a glance. However, Mr. Xiao Lu's Dingguo Insurance was involved in it, so he had to continue to persuade him patiently.

"Mr. Li is young and promising. He has created such a great career in just over a year. Given time, he will surely reach a higher level..."

Are you kidding? It was the Minsheng Department that decided to demarcate the private territory of Dingguo Insurance. What does it mean that Qingyun Group is forcing its way in now?
He added: "I heard that the central bank, the finance department, and the China Banking Regulatory Commission are considering setting up an online business bank in Shanghai on a trial basis, with Qingyun Group as the main participant and manager..."

The implication is that you give up your involvement in Minsheng Group, and Zhongxin will help Qingyun successfully obtain the online business license.

Li Zehua kept smiling, "Thank you Kong Shuji for your kindness, but after an in-depth exchange of views with the Magic City Yamen, the group unanimously agreed that the people's livelihood is concerned about the financial business of small and medium-sized enterprises.

Under the wise leadership of Dong Zong, remarkable achievements have been made in this field and currently more than one million small and medium-sized merchants have been served. This business is more in line with the online business's vision for the future.

We firmly believe that Qingyun Group and Minsheng Group have a broad basis for cooperation and a bright future. President Dong, don’t you agree?..."

You want to get rid of Qingyun with just a few words?

Even though the Minsheng faction had received strong support from Zhongxin when it was first established and had maintained a strong influence, it was not qualified to force Qingyun to back down on this issue.

What's more, there is the Shanghai government ahead of them. If things get dragged down and the Minsheng Overseas Expansion Plan is submitted to the highest level and approved, Zhong Xin won't be able to object even if he wants to.

Dong Wenbiao smiled awkwardly upon hearing this, "Well, Leader Han did say hello to me. From a strategic perspective, there is indeed ample prospect for cooperation between the two groups.

Especially in terms of going deep into the front line and serving more small and medium-sized businesses, Qingyun Group has millions of small and medium-sized restaurants, convenience stores and transportation individuals, which can be used by Minsheng Group to develop high-quality credit business..."

In the past, he would not dare to express his position openly, because Kong Cang's identity, status, and connections were beyond his reach.

There are such big problems within Minsheng Group now. As the head of the group, he has a great responsibility. If something goes wrong, it will be a problem whether he can retire smoothly.

By helping Qingyun Group to successfully take over Minsheng, and gaining access to the latter's unique resources among small and medium-sized business owners, Minsheng Group was able to quickly escape its development slump.

By leveraging Qingyun Group's special influence overseas, Minsheng Bank will gain a firm foothold in Southeast Asia and assist the RMB in realizing its grand strategy of global free convertibility.

If he succeeds, it will be no problem for him to be promoted to the next level before retirement.

Moreover, because of the mess caused by Dingguo Insurance, Kong Dang couldn't just stand by and watch because of their special relationship. It was like he had a fatal handle in his hand.

Sure enough, even though he intervened, Kong Cang did not get angry. He just pulled Li Zehua aside and said some meaningless words to him.

"Kong Shuji, are you here to chat with me today? If you have anything to say, just tell me."

With a lot of things to do, Lin Wenhui had just sorted out the preliminary returns from investments in cotton, gold, silver and European government bonds. The entire group's top management was waiting for him to preside over a strategic planning meeting.

Li Zehua didn't want to wait any longer, so he went straight to the point.

Kong Cang was still thinking about what kind of benefits he could offer in exchange for Qingyun Group's concession. At the very least, he wanted to bring Dingguo Insurance onto the Minsheng board of directors and occupy a position to plan for future changes.

Hearing his impolite question at this time, I felt a headache for a moment. I looked at Dong Wenbiao, but the latter didn't respond at all. But Mr. Lu was anxiously waiting for money to save his life.

He could only be forced to compromise and said: "This is what happened..."

He briefly talked about Dingguo Insurance's participation in cotton speculation, but did not mention the scale of the investment or the size of the loss, only saying that it was a small loss.

It is impossible to conceal the truth, but due to his identity, he cannot reveal everything right away. What if there is no room for maneuver? Wouldn't that push Mr. Xiao Lu and Dingguo Insurance into a dead end?
Li Zehua pretended not to hear, "It's just a small amount of money, not worth mentioning to Zhong Xin. Mr. Kong can solve it easily, why bother looking for me."

Face is given to each other, and the same goes for benefits.

He had known the inside story through Dong Wenbiao a long time ago. He was stuck with $7 million. Even if he hedged and exited the market based on today's intraday price, the minimum loss would be more than $5 million!
Even so, he still puts on airs, wants me to pay for it, and wants to seek a director position for Dingguo Insurance on the Minsheng Department’s board of directors.

Why?
"Mr. Li, we are a state-owned enterprise after all. Although there is plenty of money in the account, we still have to follow the formal procedures. Just now, Lu Zhiqiang and his gang ignored the rules and squandered the reserve funds.

You have seen the ending, being at the center of the storm, with countless eyes watching, it is not easy to deal with. "

Dong Wenbiao could not bear the intimidation of Kong Cang's eyes and was forced to step out to smooth things over. "Just consider it as a favor and use Qingyun's short position in the US market to hedge it. It's a piece of cake.

This kindness will surely be repaid in the future."

“Of course I have to give you two face, but I don’t know how much position you need. As you know, futures trading is extremely risky. The group is preparing to hedge all short orders in the next two days.

After making money, you still need to put it in your pocket to feel at ease. I believe you two can understand this.

If it's just 10 or 20 million US dollars, I'll make the decision and arrange for the exchange to match the transaction immediately. But if it's more, I'm afraid it won't work.

You two may not know that I love making friends. When I first set up this investment fund, many of my friends invested some money for my sake, such as..."

With each name Li Zehua uttered, Kong Cang's face became darker.

For example, Ye, Sheng, Xu, and even Chen, as well as a large number of top manufacturing groups in the southern business community, with dozens of them being well-known.

Things got even more exaggerated later on, with even the three major security funds and the five major banks showing up, plus the Shanghai State-owned Assets Supervision and Administration Commission, Magic Investment, China Resources and China Merchants.

There are also a large number of top Chinese groups in Southeast Asia. Not to mention Temasek Holdings, any of the top groups in Malaya, Indonesia and Siam are no worse than Jardine Matheson.

Li Zehua had a warm smile on his face from beginning to end. "So please forgive me for being a little presumptuous. If it is beyond my personal ability, I'm afraid it's better not to mention it, so as not to make things difficult for everyone."

Kong Cang was very depressed, but reality forced him to compromise. His momentum was already established and could not be suppressed by force.

He could only let go of his attitude and said, "I didn't expect that all of my old friends are here. In this case, I won't hide anything. Qingyun helped Dingguo Insurance overcome its difficulties, and Zhongxin agreed to Qingyun's investment in Minsheng Group.

However, the board of directors must leave a place for Dingguo Insurance. The people's livelihood insurance, property guarantee, financial company, and securities firm left by Lu Zhiqiang must be handed over to Dingguo Insurance.

In addition, some friends in the pharmaceutical industry of the Fuxing Star System have also contacted me. "Mr. Kong, from a business perspective, the requests you made are a bit excessive. Why don't you take a look at this overseas expansion plan first?"

Li Zehua wanted to send the guest away directly, but for the sake of the overall plan, he had to continue the conversation patiently, and handed over a report plan, "This is Qingyun entrusted the Magic City Yamen to submit.

Regarding the overall strategic concept of leveraging the Minsheng platform, cooperating with Internet finance, and integrating into Southeast Asia, it is said that it has been included in the key topics of the next stage of financial work.

The chances of passing are not small. If we follow this plan, the future of the Minsheng Department will be limitless. Mr. Kong still thinks that the chips in his hand are enough for the exchange?"

Kong Cang only took a quick look and was terrified. "This is impossible. How could Lijiapo agree to a financial institution from Dongda holding a full license, and still..."

He never said the rest of the words because the plan security account clearly showed a 5:5 share swap between Tsing Yun Holdings and Temasek Holdings.

Once the approval from the Ministry of Commerce and Lijiaopo is given, the share swap will be carried out in accordance with the prior agreement between the two parties.

In short, Temasek has transformed itself into the second largest shareholder of Tsing Yun after Li Zehua himself. When Tsing Yun invested in Minsheng, Temasek also followed suit.

Restricted by the special business rules of the Minsheng Group, a single company cannot exceed the 10% shareholding limit, but Qingyun has several companies with cross-holdings, and companies such as Temasek provide external assistance.

In addition, the owner of Yuedong Meizhuang will direct China Resources to buy a large number of Minsheng shares in Hong Kong. At that time, the three companies will advance and retreat together, and it will be easy to break through the 50% shareholding threshold.

Thinking of this, Kong Cang could no longer sit still. "Mr. Li is planning to force his way in. His appetite is too big. Zhongxin will never accept Minsheng being out of control, especially when it is controlled by China Resources."

"I am me, and that person is that person. The Minsheng Department's future domestic business can still be guided by Zhongxin's business. I am not very interested in this, but I just want this signboard as an endorsement."

Li Zehua didn't seem to care on the surface, but he treasured it very much in his heart.

The business layout of the Minsheng Group targeting small and medium-sized enterprise owners perfectly matches the future development plan of the Qingyun Group, especially with Ant Financial Services Group, which can achieve complementary advantages and resource sharing.

You can seize an excellent position on the eve of the explosion of the Internet finance industry and get the fattest piece of meat in the tide of the times.

Everything that is being done now is in preparation for mastering a trillion-dollar fund in two or three years, once the shares of the Minsheng Group's shareholders that have gone bankrupt are acquired, plus those obtained from other places.

If they can get together and break through the 50% red line, it will be easy for them to contact small and medium shareholders, amend the articles of association, and take back the 30% voting rights in the Federation of Industry and Commerce as the absolute controlling shareholder.

As for Zhongxin’s business guidance?
I'm sorry, but this is a different time now. I have the initiative in my hands and can move forward and backward freely. Who would allow a mother-in-law to keep telling me what to do all the time?

Kong Cang certainly understood this, so he was very conflicted. The hole dug by the Minsheng Department was too big, and it would be difficult for Zhong Xin's family to handle it perfectly. Didn't you see that even Chang Zhenming was unwilling to take the initiative to get involved?

He will retire in two months. Since he can’t stop it, he can only choose the path that best suits his interests. “Director Li has good tactics. To be recognized by so many people, he must have paid a heavy price.

In this case, we might as well speak frankly. Without Zhongxin's approval, you will definitely not get the Minsheng system. My bottom line is that Qingyun will bear the 5 million financial speculation of Dingguo Insurance.

Whether it is used as an entry qualification or something else, this is a prerequisite. As for the position on the board of directors, Dingguo may not want it, but Fanjiang and Fuxing are the core businesses of the Oriental Group.

We will definitely take it back, and as for the redeemed funds, the Minsheng Department will provide support.”

"As for the loan business, no problem. Although I am not the controlling shareholder of the Minsheng Group yet, Mr. Dong is here. As long as it does not exceed the principles and there is sufficient collateral, there will be no problem."

The matter finally had hope of being resolved. Li Zehua said happily, "I can now make up for Dingguo Insurance's $500 million financial speculation loss, but I need the personal signatures of Mr. Kong and Mr. Xiao Lu.

After all, words are not enough. It's not that I don't believe in Kong Shuji's credibility. After all, the interests of so many friends are involved here, so I will be a villain first and a gentleman later.

As long as the Minsheng Group's share transaction is successfully completed, the IOU and commitment will be delivered with both hands."

……

"You are still too impatient. If we drag our feet on the financial speculation loss of $500 million, we can negotiate a better result. After all, they are the ones who are impatient, not us."

When the owner of Meizhuang called, his tone was quite regretful, "Maybe I can still take the opportunity to get a foothold in Poly."

"It's already a rare achievement to be able to do this. After all, Mr. Xiao Lu is also a local tyrant in Shanghai. If he is pushed to the limit, he will raise funds through other channels, which will cause more trouble."

Li Zehua doesn't think so. Everyone knows that Zhongxin Poly and Minsheng are one family. It is already a rare achievement for him to get Minsheng, let alone try to join forces with China Resources to attack Poly.

If he wins, he won't get a bigger share.

If we lose and miss this special time point, it will be almost impossible to interfere in people's livelihood.

Why use your core resources to help others?

After hanging up the phone, he called Leader Han in Shanghai and some people in Yanjing.

After receiving the notification, he entered the meeting room and first arranged for Lin Wenhui to send someone to contact Dingguo Insurance. "Having this done is half the battle. The remaining half depends on whether the higher-ups attach importance to the issue of RMB going overseas."

"The Southeast Asian market itself holds tens of billions of RMB in overseas transactions through Hong Kong. There are too many benefits to bypassing the US dollar for transactions, just establishing a bilateral financial institution swap proposal.

Countless people will benefit from it, and it is only a matter of time before it is approved.”

Lin Wenhui said, handing over the preliminary profit document of the futures market, "For the domestic income part involving cotton futures, minus the income from entrusted financial management, the short-selling balance is 167 billion RMB.

The options that were previously closed from a long position of 1.3 to 3.3 are still being reconciled with banks and other financial institutions.

As for the physical profit of inventory, according to the purchase plan of the agriculture and finance departments with a minimum guarantee of 1.5 yuan per ton, after deducting the logistics, procurement, storage and premium purchase costs, there is a slight surplus.

However, this price is just a bottom line. We may be able to make more money depending on the price level at which the market gains a foothold.

The short-selling profits in the U.S. market were between US$35 billion and US$37 billion. Including the previous long options, the cumulative amount was around US$90 billion.

Together with the domestic portion, the accumulated earnings from physical, futures trading, and options are around US$145 billion.

As for the current long positions held based on the current gold price of $1450 per ounce, the option book profit is around tens of billions of dollars.

The silver portion is $25 billion.

The potential yield of the five PIIGS countries' government bonds held with a tenfold leverage is around US$30 billion. It is currently impossible to acquire them through public channels.

We have purchased about 620 tons of physical gold, and there are more than 750 tons of gold that have not been stored under contract. The average purchase price is US$1270 per ounce..."

"So, after half a year of hard work, the accumulated profits are more than 350 billion US dollars? Well, it's not all mine. More than a hundred friends and institutions have also made money together with me.

We must take this opportunity to bring everyone together to communicate and bond with each other. We cannot miss this great opportunity."

Li Zehua looked at the lines of numbers, then at the executives present who were just about to have the money written on their faces. He was about to speak when he glanced around and realized something was wrong.

"Hey, where's Mr. Gu?"

Yang Zhichao, who was sitting at the bottom, pursed his lips and said, "I'm still in the reception room talking about cooperation with Qi Xiangdong, the president of 361."

"Is the three-dunk battle finally about to begin?"

Li Zehua's eyes changed, he muttered to himself, and then said loudly: "Each department should submit the scale of the temporary increase in budget first, and we will make unified arrangements when General Manager Gu arrives."

While waiting, he called Zhang Tao to his side and said, "The people's livelihood issues have been properly dealt with. Notice everyone to keep a close eye on those who have not made any unusual moves.

Anyone who makes unusual movements or tries to play dirty tricks will be sent in, and those who dare to resist will be killed or punished.

Especially those who have already taken action, those with backgrounds should report to the higher-ups, and the rest will be left to feed the fish."

In just these few days, many unfamiliar faces have appeared in Qingyun Industrial Park and his hometown, and some people even tried to decorate his car with something.

I didn't do anything before for the sake of the overall situation. Now that the matter has been resolved, it's time to clean the house and welcome new guests!

"Tengda, Qingyun is coming, are you ready?!" (End of this chapter)