"Mr. Li, has Qingyun gone too far?
Look at him now, he keeps talking about relying on the micropayment system to raise more than 400 billion US dollars a month. It is obvious that he doesn't take us seriously.

Don’t you think that if you hadn’t helped me out, I wouldn’t be where I am today!

What's more, was it the credit of Qingyun's family?
fart!
We have more than 40 financial groups joining forces and mobilizing more than 200 banks to take action together, even at the cost of directly transferring depositors' and financial management principals into special micro-wallet accounts.

That’s why we’ve created such a big fanfare. Otherwise, given the scale of micropayment free customers, even if we reduce one zero, we may not be able to achieve this.”

Huang Yizong is very dissatisfied with the current profit distribution model because their share in Weifuzhi is not that large. Now Li Zehua wants to transfer the shares to the industrial fund in the form of proxy holding.

This obviously harms their vital interests, because Qingyun holds 75% of Weifuzhi shares, and their alliance only owns 25%. Now Li Zehua is raising funds by taking out 30% of the shares with only dividend rights.

If they follow, they will lose voting rights and other special rights, and will have to give a valuation that is more than 20 times more expensive than the first round, jumping from hundreds of millions to 100 billion US dollars in one breath. It is really a painful and joyful experience.

Don’t follow?

That means giving up the initiative, and the bulk of the benefits from the development of micropayments will have nothing to do with them in the future. Who can bear that?
Li Yilong said slowly: "I have talked with Chairman Zehua, and he meant that if everyone is willing to inject the shares they originally held into the fund, he is willing to take 30% from this sale.

Take out 25% and add it to the previous part to make up half of the Weifu payment dividends for everyone to share. The special rights promised before remain unchanged, including the right to control half of the account balance. "

Li Yuqing smiled and said, "That's a good plan. I'll use the fixed shares with voting rights to exchange for the dividend shares that change once a year, just in case there's a conflict with him in the future.

If we hold the shares on behalf of the foundation, the ownership will be in the hands of the investment company, and we will only have the right to the proceeds. Isn’t it possible that we may be cleared out at any time?"

"It's as if if it doesn't become a bonus share, it won't be cleared out."

Chen Zhishen, the president of Siam Pangu Bank who had just arrived, said: "Don't forget, the subsidiaries that invested in Qingyun Group have signed authorization documents, granting Qingyun Group the right to acquire half of the shares.

He can use no more than 150% of the current market price (valuation) to force redemption, so theoretically he can liquidate any of the companies here indiscriminately, and whether they transfer to the industrial fund or not will not affect the overall situation.

Many people, including my father, thought that he did a very good job, especially in the two futures wars of gold and cotton, where his intelligence was almost like that of a demon.

We have made huge profits for you, and the dividends you have received have actually exceeded your original capital. Even to this day, this investment is still providing a steady stream of returns.

My principle is simple: a strong man who has achieved continuous success in the field of business and finance is qualified to make the rules! "

The Chen family of Siam can also be considered a powerful family, and they also represent the ideas of many people. As long as Li Zehua and Qingyun can continue to provide benefits, and the gains are greater than the costs.

Then they are willing to continue to support Qingyun in exercising its legitimate rights and interests, including clearing out those who refuse to cooperate.

Seeing that many people were responding, Huang Yizong didn't want to hold on to it any longer. He felt that the initiative seemed to have shifted. Before, everyone could barely fight against Qingyun by working together.

Now that the industrial fund has been launched, the shareholder has become Qingyun Investment, the right-hand man of Micropayment. In case of any unexpected changes, who will protect the safety of their interests?
Li Yilong was well aware of his thoughts, but he was not afraid because Tsing Yun Holdings and Temasek Holdings had cross-holdings in each other's shares, and they had long achieved the goal of rising and falling together.

However, the general direction being consistent does not mean that there are no contradictions in the implementation of details. For example, DBS Bank has not yet opened a third-party channel for micropayments in order to retain chips and facilitate continued transactions.

Fortunately, everyone came here today to seek money rather than to fight, and after being persuaded by others, Huang Yizong slightly put aside his prejudice and turned to Li Yuqing and said, “Chen Zhishen came here this time.

Have you been told about Xiangjiang Capital's entry into the market? "

Li Yuqing nodded and said, "Their group has spread widely in Hong Kong and now they are in high positions, which is inseparable from the support of a group of local people behind them.

Even though you may express your support for Qingyun now, when the critical moment comes, who knows how big a conflict may arise.”

"Yes, 5 to billion suddenly doubled, and financial institutions outside are still scrambling to grab it. If we count the portion that was given to us separately, there is only % left for sale, which is not enough to share."

Huang Yizong said in a low voice, and continued to analyze: "As far as I know, when the heads of those top groups formed a group to go south, Mr. Li did not agree.

However, I heard that some people in Siam and Malaya had supported it, so it is hard to say that the two sides did not reach some kind of agreement.

Mr. Li followed the model of the foundation of Squid Capital, wanting support but not willing to give actual control. He wanted both, and was not afraid of ending up with nothing.

"As a young bull, he is not afraid of tigers. Mr. Li still has the energy to act recklessly. Besides, we don't have to pay for the investment this time. We just happen to have a lot of money in the special account of WeChat Wallet.

It’s a waste if you don’t use it.”

Li Yuqing's courage also gradually grew as his wealth increased. In the past, he would never have been able to let Great Eastern Insurance provide contract credit default protection services to mainstream banks in various countries.

But now, just by providing bottom-line protection for micro wallets, he has added more than 400 million new users to Great Eastern Insurance, with an average monthly new premium income of about US$ million.

Huang Yizhong is in charge of United Overseas Bank, which is also the controlling shareholder of Great Eastern Insurance. However, the more he gets into the implementation plan and the more details he understands, the more unbalanced he becomes psychologically.

Because they earn so much, so much that even the most experienced business tycoons can't help but tremble with fear when they look at the balance in their WeChat wallet accounts.

Fortunately, the balance in the micro-wallet account requires joint approval from Qingyun Group, the bank, and regulatory authorities of various countries (actually they are all our own people, mainly Qingyun) before it can be used.

Otherwise, they might use the money to do something else.

Huang Yizong’s idea is very simple, “According to the previous plan, the first round will raise the valuation of industries such as telecommunications and the Internet. In particular, the subsidiaries headed by Qingyun must successfully obtain the money before they can proceed to the next step.

But now I have taken too much. Just one micropayment has exceeded my expectations by twice. How can I continue to play in the future?
The second step is to divest the negative assets of all parties involved. Is Qingyun still willing to pay so much money to take over?

Furthermore, if such a high valuation is given in the first step, can the stock price continue to soar as expected when it is listed and cashed out in the third step? "

Li Yuqing didn't answer, but winked at him, "You said, we should also set up an industrial fund and inject shares of Dahua Bank, Great Eastern Insurance, and other main business companies.

How about letting Qingyun buy a portion of the shares at a premium in the name of building an ecological industrial chain?"

Huang Yizong thought about it for a moment and smiled, "Good idea, we can talk to him about it."

"Okay, he should be meeting with the business management team now. Let's arrange a time to talk when he's free. You can't let us guard the last line and watch everyone drink and eat meat, right?"

Li Yillong watched the two of them whispering for a long time and wanted to speak but didn't know what angle to start from.

Qingyun took the first bite of the fat meat, and then launched acquisitions and mergers everywhere, investing the money from the micropayment accounts through reasonable and legal means, and each company cashed in on its low-quality assets, achieving a win-win situation.

The third step is to cash out part of the stock price by listing in Lijiaopo, recover the principal and retain part of the shares to reduce risks.

This step will bring the greatest benefits to Lijiaopo. By then, perhaps with the tacit approval of all parties, it can replace Hong Kong and become the new financial capital. Therefore, Lijiaopo has three major sovereign funds and government offices.

And the stock exchanges are responsible for guarding the third gate.

As for the fourth step, sorry, it depends on your own ability. By then, everyone will have a large amount of money in their hands. Whether they can grab their favorite targets at a low price when the bubble collapses is like the Eight Immortals crossing the sea, each showing their magical powers...

"Did I hear correctly? Not only did the year-end bonus and annual task completion bonus not decrease, but they increased?"

"Of course it's true. The company's big boss came from China and is now meeting with all the executives in the hotel. Not only did he not decide to reduce wages as everyone thought.

Instead, we decided to add some additional incentives on the original basis. This year's year-end bonus and completion reward are the best proof of this. The employees have completed more than 60% of their tasks.

Everyone can get a minimum one-time salary bonus of two months, and those who are more outstanding can get three to six months' salary, and even additional benefits.

I heard that some of Qingyun Service Group’s food delivery riders and couriers can even enjoy the super-value benefits of company-provided cars and vehicle ownership certificates.”

Chen Junxian was born and raised in Dongdamin Province. He did not graduate from high school, and could not stand the low-income environment in his hometown. In order to make a fortune, he resolutely chose to follow the tradition of his ancestors and go abroad.

It was impossible for him to get a visa. He vaguely remembered that day when he had a fortune-teller at the Mazu Temple and it said it was a good omen. That night, he boarded the ship with several fellow villagers. As long as you have no fear in your heart, you can go to sea anywhere.

He worked in many countries including Luzon and Malaya and accumulated a lot of start-up capital. Later, he heard from his fellow tribesmen that the income from catering business in Lijiaopo was high, so he came here through legal channels and intermediary channels.

The income is indeed quite high, but the consumption level is not low either. I used to earn three or four hundred US dollars a month in Luzon easily, and I could spend less than two hundred and save half of it.

But after moving to Lijiaopo, my income was only over a thousand dollars a month, and the key was that I couldn't save much. The main reason was that the rent was too expensive and most people couldn't afford it.

He had planned to work in Lijiaopo for another year or two, save some money and return to China to marry, have children and start a career, but he never expected that Qingyun would come.

Although Chen Junxian had no technical skills, he was eloquent and had an excellent ability to read people's expressions, which allowed him to successfully join the company and become a promotion specialist at the Lijiaopo branch.

No one knew what he was thinking, but when he heard that the company would provide cars and vehicle ownership certificates to outstanding employees, he was the first one to jump out and inquire about the relevant matters.

Zheng Zaiji, regional manager of the Lijiapo branch, patiently responded in the group, "Promotion specialists are not within the scope of car allocation."

"It's okay, Mr. Zheng. I can apply to become an online car-hailing driver. As long as I can drive, I'll say anything."

Chen Junxian has an obsession in his heart, which is to own a car of his own. He is fed up with riding his electric scooter slowly on the road and being scolded for the slightest negligence.

As a promotion specialist, the salary is indeed not low, 1500 US dollars per month. If you do a good job, two or three thousand US dollars is not a dream. But Chen Junxian is very cunning and knows that he has his own car in Lijiaopo.

That's real cowhide!

He works very hard but can't earn more than 30,000 or 40,000 US dollars a year. However, if he successfully applies for a job as an online car-hailing driver and works as a driver with a license for ten years, he will definitely be a millionaire.

"you sure?"

Zheng Zaiji scratched his head, "Online taxi drivers are part-time workers, and the company no longer renews employment agreements or pays various insurance taxes.

Including housing benefits, public transportation, and communication fee subsidies are all gone. "

"what?"

Chen Junxian was stunned. "Is there such a saying? Shouldn't we treat everyone equally?"

Zheng Zaiji patiently explained: "You can refer to the company's other regional online car-hailing services for details. Not to mention China, there are ready-made examples in the United States, Siam and other places.

Suburban and rural areas may still be able to provide various benefits, but in the core metropolitan areas, they are basically self-financing, and the company only provides customers and other information services..."

After all, Lijiaopo City is too small. The only result of indiscriminate issuance of license plates and vehicle ownership certificates is the collapse of the city’s traffic road network, so the cost of using and maintaining a car is extremely expensive.

What’s even more embarrassing is that those who own cars look down on the income from online ride-hailing services, but those who can do so often don’t have a car.

The company is now making plans to spend one or two years purchasing vehicles for operation, and then recruit full-time drivers through entrustment and partnership.

In addition to the monthly principal payment for vehicle purchase and other costs (equivalent to installment payments fully funded by the company), a fixed commission is deducted from each order as the company's operating income.

It doesn’t matter whether it makes money or not, even if it is just a pie in the sky to cooperate with the operation of the capital market, the signboard of Lijiaopo branch must be put up.

But a good business model cannot make losses every day, so some basic security benefits for employees have been cancelled in the online car-hailing business, and everyone is responsible for their own profits and losses.

Zheng Zaiji continued, "...The latest news is that Mr. Wei has decided to recruit another group of part-time drivers in Lijiaopo City. They will drive their own cars and use their free time to take orders online.

In addition, you can also take the driving test alone. The company will give you a part of the subsidy. After getting it, you can apply for a vehicle after passing the certification of the functional department of Lijiaopo.

The Promotion Department is also under consideration..."

Chen Junxian didn't listen to what was said later. He only knew that another life choice had begun. He wanted to drive because he could earn more money by doing a decent job.

But without employee welfare benefits, after deducting the vehicle cost from the driving income and taking the commission, can you earn more than doing promotion?

There is still a question mark...

At the same time, the meeting in the hotel suite was still going on. Li Zehua first gave his schedule, "I will only stay in Lijiapo for five days, and then I will go to Malaya and Siam.

So if there are any problems here, try to solve them all at once.”

Wei Kejian shook his head and said, "As long as the vehicle problem is solved, all businesses of the Life Service Group can be reorganized and restructured, which will inevitably greatly increase the company's business execution capabilities.

However, the construction of the third-party payment platform for Internet finance did not progress smoothly in Lijiaopo, and I stepped in to make suggestions several times.

However, DBS Bank and UOB were unwilling to cooperate, but the policy was successfully implemented in other countries.

Ultimately, it is all about interests. They are worried that once consumers get used to relying on micropayments, it will have a large impact on existing transaction patterns and will also hinder the development of financial institutions, especially the banking industry.”

"Everyone is speaking from their own standpoint. It's not about right or wrong, it's all about profit. If I were in your shoes, I wouldn't be willing to become a vassal of micropayments."

Li Zehua's voice was neither sad nor happy, because being impatient cannot solve all problems. For example, right now, there are many employees in the branch business group who come to Southeast Asia to travel with their domestic ID cards.

God knows what tricks they use to turn tourists into workers, but the higher-ups turn a blind eye anyway and the group is too lazy to investigate further, so all the more strenuous part-time jobs are thrown over to them.

“It is too early to discuss now. When DBS and UOB sell their substandard assets, you can discuss again and I believe you can get a good result.

Any other questions? No, just get ready to pack up, there is a party tonight, let's go together."

Wei Kejian agreed with a smile, and then went on to talk about introducing labor from the country. The number of people would not need to be large, and there would be no need to worry about problems if they were used in key positions.

Zhou Shouyuan said seriously, "SoftBank Capital came to us several times, but we didn't have the killer weapon of micropayment, only the WeChat technology software.

I am afraid that the expected promotion effect cannot be achieved.

God knows what these people are thinking. They introduced WeChat technology but did not package in mobile Internet devices, terminals, food delivery and other businesses.

The key offer is low and there are a lot of conditions. I hope you, the boss, will give your approval in person to test the waters. Otherwise, I really don’t want to continue the contact.

It’s too petty.”

Li Zehua was speechless. It had been more than two months since he had contacted Sun Zhengyi, and almost all the conditions promised by SoftBank Capital had not been fulfilled.

For example, the technology licenses for Toshiba, Sharp, and Sony have not yet been negotiated. Either the prices are too high, or the licenses cannot be obtained due to various restrictions.

"I really don't have a good way to deal with Jiaobenji. Just last month near the Samba Plateau, the group forcibly seized several pieces of land from Jiaobenji. Maybe they are furious now."

Li Zehua is really helpless. He can't give up investment in the agricultural sector just for the little profit from the foot basin chicken, right?

Lin Wendi, the old scholar in charge of scientific research, also spoke up, "Chairman, the researchers transferred from Hong Kong are in good condition overall, especially Mr. Zhang, who you specially arranged.

He has now joined Nanyang Technological University and is responsible for teaching computer software. However, the equipment and technical licenses required for scientific research are still in short supply.

Mr. Meng has mentioned several times that he lacks key equipment support in teaching semiconductors.

"Then arrange to purchase directly. We will have to buy when we build the production line anyway." (End of this chapter)