Rebirth of the Age of Wealth

Chapter 364 Seizing Minsheng Bank

Li Weidong was sketching the list. His brain was not a computer or an encyclopedia. He couldn't remember so many names, but he knew that the name of this bubble was the Internet.

As long as companies related to the Internet can raise an unimaginable amount of funds, this will be enough.

"Tomorrow morning you go to the airport for me to greet them and let them go home and have some rest to get over the jet lag. The day after tomorrow, I'll listen to them talk about the United States again in the morning!"

Li Weidong wanted to pick them up at the airport himself, but he felt that the standard was a bit high, and it would not be a good thing for Jiang Zhili and Fu Xiaomin. If he praised it too highly, he would easily lose control of himself.

Zhang Dongshuo is more suitable. He is responsible for the general management of the head office. The most important thing is that he is Li Weidong's secretary and can sometimes represent Li Weidong outside.

"Okay, Chairman, I will call them later to inquire about the flight and go to meet them on time!" Zhang Dongshuo was a little surprised. Li Weidong said not for him to go, but to go on behalf of Li Weidong.

Although he was the one who went there, the meaning was different, which meant that Li Weidong was fundamentally different.

"Well, let me also inform Mr. Zheng, Mr. Zou, Mr. Xu, and President Li to come and listen, learn, and understand how others play. We can't do things behind closed doors!"

"I'll inform them right away!" Seeing that Li Weidong stopped giving orders, Zhang Dongshuo walked out of the office gently.

Not long after the meeting, Zhang Dongshuo walked in again, "Chairman, President Li said there is something about a domestic bank that needs to be reported to you!"

"Let him come up!" After Li Weidong heard what happened at the bank, he raised his head and glanced at Zhang Dongshuo. After saying this, he continued to read the lists. There was gold hidden in them.

When Li Shihui walked in, Li Weidong was still watching. After hearing the movement, he raised his head and said, "Sit down, drink tea!"

Li Weidong sighed and stood up. He gave up trying to stay on these lists. He had never heard of most of them. After all, not many of these companies could survive.

But he couldn't complain anymore. Others' venture capital investments were real venture capital investments, but his venture capital investments were just picking up golden eggs, and he was sure of his success every time. How could he have the nerve to complain?

"Sit down and drink tea. How about trying this Pu'er!" Li Weidong walked to sit opposite Li Shihui and said to Li Shihui, who was still standing.

"Thank you, um, it's elegant and mellow, with a long aftertaste. It really has the effect of clearing the mind, calming the mind, and rejuvenating the mind. Good tea must be worth the price. It's not unfair to spend 100,000 yuan, it's really worth it!"

This is old Pu'er, which is specially collected by someone. The price is very high, one kilogram costs one hundred thousand. Although it cannot be compared with the ones that cost more than one million in later generations, it is still a sky-high price!

"Drink tea, just drink tea. How can it be so mysterious? Just quench your thirst. Everything else is nonsense!" Li Weidong said happily. It is indeed a state to listen to other people's flattery.

Liu Jinhui was given the same tea to drink. After hearing the price, her comment was, "Prodigal!"

"That's different. I used to like drinking coffee when I was young. Sometimes I would drink more than a dozen cups a day when I worked overtime and stayed up late. It was only after I drank tea that I realized the benefits of tea!"

"Coffee stimulates people's energy to work, while tea calms people down from the heart, allowing them to calm down and think about and solve problems. This is the essence of the tea ceremony!"

"If you like it, I'll ask Secretary Zhang to bring you some later!" Li Weidong was very happy, regardless of whether it was true or false.

"No, no, it's a blessing to have a drink with you occasionally. But don't be greedy, otherwise you will lose the original intention of drinking tea!"

"Haha, you, you, you are welcome to come and have tea at any time!"

"Then thank you, Chairman!" Li Shihui said slightly flattered.

Then he cleared his throat and said, "Chairman, I just received a call that the People's Bank of China is cautious about our setting up branches in the mainland!"

Li Weidong frowned a little after hearing this. This was an idea he proposed in the capital, and he didn't say no at the time, and of course he didn't say yes. "What's going on? What's the reason they gave?"

"They said that the total assets did not reach the required amount, and suggested that we cooperate with mainland banks, or jointly finance and build new banks with mainland enterprises!"

"What are the total assets requirements for building a branch in the mainland?" Li Weidong asked with some confusion.

He really didn't know there would be such a requirement, and in his opinion, a bank with total assets of 20 to 30 billion in mainland China these days is not considered a small bank!

After Li Shihui acquired Changtai Bank, he worked non-stop to clean up the mess. Although his final net assets were less than before, the risk factors had been cleared.

And after a series of operations, and with the blessing of Ribos Holdings, the bank not only brought back some depositors, but also added many new customers, which can be regarded as building up the bank's reputation.

And now the total assets have exceeded 10 billion. According to this momentum, sooner or later it will become the best local bank in Hong Kong Island. It is not a dream to surpass the second-tier international banks.

"The total assets at the end of last year were no less than one billion U.S. dollars!" Li Shihui said carefully.

After hearing this, Li Weidong lamented that he was really ignorant and fearless, thinking that he could open a bank with only two dollars. This condition was more difficult than opening a bank by himself in China.

We already have a total asset of one billion U.S. dollars, so why open a bank? Of course, the total assets of the bank are too weak. If you want to do something wrong, just use a few companies to make a few moves, and the total assets will go up!

"Then follow their wishes and prepare to build new banks. None of the current banks in the mainland are state-owned. Cooperation is difficult and there are too many restrictions!"

"If a new bank is to be established, other domestic companies will need to participate, but I don't know enough about mainland companies, so you will need to come forward!" Li Shihui added.

"Let Zheng Sijing come forward. Since we are cooperating, let's get a few more shareholders, and you can go find Lao Xia!"

Li Weidong thought, since people have given this face and raised their opinions, it would be better to make it bigger and get a few more companies to join it. Only him holding a controlling shareholding seems to be petty.

"Okay, I'm going to find Mr. Zheng and Mr. Xia for help. With them here, this matter will be easier to handle. There is another thing that a leader mentioned to me privately..."

"What kind of expression are you looking at? Just tell me if you have anything to say!" Li Weidong asked, looking at Li Shihui's constipated expression.

"It's the name of our bank. He said privately that this name won't pass the review in China. It's best for us to change our name and submit the information again!"

This name was given by Li Weidong. At that time, Li Shihui also felt very domineering, but when he handed in the information, something almost happened. If he hadn't agreed in advance, he probably wouldn't have been able to hand in the information.

"I was negligent. It's my fault, it's my fault!" Li Weidong slapped his forehead and said in frustration.

As a Chinese, I have forgotten some domestic taboos. Although this name sounds nice and domineering, others have already used it. It would be wrong for him to use it again. It is taboo for the venerable!

"Then change the name. Let's call it Minsheng Bank. Let's call it Minsheng Bank!" Li Weidong suddenly thought of the name, and his bad taste immediately arose.

This was supposed to be the first private bank in the mainland. It was proposed by the Federation of Industry and Commerce. The shareholders are all private enterprises. However, there is no shadow yet, so Li Weidong took over the name.

Besides, it is not in vain. He is also a member of the Federation of Industry and Commerce. Although it was just a by-election and the by-election was in his absence, it is still officially recognized.

"Minsheng Bank, this name is good. It is about people's livelihood. It is very humanistic and caring. I can't catch up with the chairman's level even if I try to flatter him. I'm going to do it now!"

Li Shihui's expression at this time was exactly the same as when Li Weidong said it would be renamed Wanli Bank in Qizhou.

"I can rest assured that you can do things!" Li Weidong happily patted Li Shihui on the shoulder and sent him out of the office.

Watching Li Shihui disappear around the corner, turning around step by step, Li Weidong returned to the office, sighing in his heart that these executives could no longer be motivated simply with money.

The day after Jiang Zhili and Fu Xiaomin came back was Saturday. Li Weidong miscalculated. He didn't realize it was the weekend when he said it, but he had already said it, so he could only force everyone to work overtime together.

The company's high-level conference room, next to Li Weidong's office, had several people sitting there. The protagonists of this meeting, Jiang Zhili and Fu Xiaomin, were also ready, waiting for Li Weidong.

Zhang Dongshuo opened the door and Li Weidong walked in. The moment the door opened, everyone in the room stood up. Maybe it was because the occasion was too formal, making everyone very serious.

"Everyone has a seat, everyone has a seat. Let me apologize first. I have to ask everyone to work overtime on the weekend. If your overtime is not in vain, today's overtime pay will be doubled!" Li Weidong smiled and asked everyone to take their seats.

A few people laughed, but no one took it seriously. Their high salaries included overtime pay.

If a person's salary is lower than the average salary, he is a boss, because he can find a similar salary at any time, so he is not afraid of any boss or leader.

If your salary is about the same as the average, you will have to endure the nagging from department leaders. It is not easy to find a high-paying job. It is better to rest in a familiar environment.

If the salary is higher than the average salary, you should take the leadership into consideration. If it is several times or more than ten times the average salary, you should not take the leadership into consideration and you have to be at ease.

A few people were seated. The conference room was not big to begin with, but there were not many people who could hold a meeting in this conference room. There were eight people in total, including Zhang Dongshuo, the one who poured water.

Zheng Sijing and Zou Yi sit on both sides of Li Weidong. This is their position. It has little to do with the amount of funds in their hands. They are just people who manage the money, not the owners of it.

Just like within the system, a county on the coast may have a higher GDP than a province in the northwest, but depending on the level, you can't catch up even if you try to impress them.

The deeper meaning is that these are all Li Weidong's. It's not about how awesome you are, but that you are more awesome when Li Weidong asks you to take care of this business.

"Thank you for your trip. Originally, I planned to go to San Francisco, but the timing was not right, so I had to ask you two to come back!" Li Weidong said very politely.

He wanted to put the plan to do something big this time on the two of them, and he had to give them some respect.

"Yes, we also wanted to find an opportunity to report to the chairman on the recent work situation!" Jiang Zhili and Fu Xiaomin hurriedly stood up and said.

"Sit down and talk, sit down and talk, take your time, since everyone is here to work overtime, don't think about it ending right away, let's just chat and have fun!"

"If I had known earlier, we should have gone to the chairman's luxury yacht to drink red wine and talk about everyday things. How fun it would be!" Zou Yi said with a smile in order to make his two subordinates relax.

"Mr. Zou's proposal is very outrageous, I agree with it with both hands!" Zheng Sijing also agreed with a smile.

"It's simple. Secretary Zhang reminds me before the next meeting. Let's hold an international meeting on the high seas!"

The atmosphere relaxed, and the report between the two officially began. There was no PPT in these days, but there was a projector, but it was just a reflective device made of glass plates.

"After our investigation, the current venture capital investment in Silicon Valley will not exceed 1.5 billion, and the amount invested in the Internet industry will not exceed 1 billion!"

"For now, Internet companies generally have no profit points. Most of them are losing money. On the contrary, some high-tech equipment manufacturers are making considerable profits!"

“The stocks of companies like Microsoft, Intel, and Cisco are sought after by many people, and even the stocks of poorly managed companies like Apple are relatively hot!”

"But after the chairman's guidance, we have conducted more investigations on the Internet. Our analysis shows that it is likely that there will be an Internet wave in three to five years!"

"When the Internet came, the first thing to benefit, apart from personal computers, was software, and among these software, browsers were undoubtedly the most popular!"

Fu Xiaomin's clear and sweet voice fell in the conference room, giving every audience an immersive feeling. This is the advantage of lesbians.

Li Weidong took the lead in applauding, and everyone else followed suit. Xu Yanden's eyes shone brightly. If this wave really came, he would definitely get involved.

"Your investigation is very detailed, but is the billion you said too conservative? Is it that little?"

Li Weidong has doubts about this data. If there were only one billion, the entire Internet bubble would never be blown up.

"This data was calculated by a professional survey agency. In order to improve the accuracy, we found several agencies to investigate. The accuracy should be trustworthy!" Jiang Zhili said.

"That's good, can this Mosaic be translated as mosaic?" Li Weidong pointed at the name and asked Zou Yi next to him. He had to confirm it.

"If you follow the transliteration, it is indeed translated like this!" Zou Yi took a look and said with a smile.

This piece of paper was densely written with many Chinese characters. Zou Yi understood what was going on after taking a look at it. These were words that Li Weidong didn't know. She was also impressed by Li Weidong's English proficiency.

"Chairman, this is the original name of the company. Some time ago, Mr. Fu discovered that this name may involve trademark and copyright issues. We specifically communicated with them on this issue before departure."

"In order to reduce unnecessary trouble, we suggested that they change their name. They also accepted this suggestion and planned to change the name to Netscape, which should be translated as Netscape!"

"After our investment, they recruited a lot of people and greatly improved their work progress. Around the end of this month or early September, their test version will be online for testing!"

"I have experienced the first version, and the effect is very good. I think this is an epoch-making product!" After Jiang Zhili heard Li Weidong's words, he knew which company it was, so he highly praised this company.

When Li Weidong heard the word Netscape, he smiled. He could completely confirm that he had heard of the name Mosaic, but he didn't know what it was for!

If a person leaves a name, as long as he has heard of the company, no matter what happens in the future, at least it means that they must be outstanding in history and must be meaningful.

When investing, you have to invest in something like this, two words, reliable!

Li Weidong didn't know whether these famous companies had been established, and he couldn't let Jiang Zhili and Fu Xiaomin go find these companies.

It's okay if I find it, but it's okay if I can't find it. I'm just afraid that the company's name will appear again in two years. How to explain it?

"Well, it sounds good, so I'll invest in them. But if the money is a little short, I'll add more and let them speed up research and development and launch the official version as soon as possible!"

"Well, there are also these few whose names sound good. Give me additional investment. If you are more courageous, you can't just sleep in the bank with so much money!" Li Weidong drew a few more companies with familiar names and said.

"In the future, companies that I will invest in and companies that I have researched and found to be good will be summarized and given to me every month. It is best to translate them into Chinese for me!"

"By the way, Mr. Xu, the Nasdaq in the United States is a paradise for technology stocks. Can you also engage in the secondary market? Don't keep staring at this place right under your nose!"

"I think this index is still very interesting. It takes three to five years to be good at it. If you have money, you can give it a try. If you get rich, you don't have to be angry with me!"

Li Weidong pointed out a way for them to make a fortune, and it was up to them to see if they could follow it.

(End of chapter)