Rebirth of the Thousand-Faced Movie King

Today, he will go to Minsheng Bank with Zhang Jianming.

"Mr. Chen, we're here."

Chen Yu and Zhang Jianming got off the bus at the headquarters of China Minsheng Bank.

At this time, Minsheng Bank's board of directors and management looked solemn.

Regarding the arrival of Huanyu Technology, they still don't know what they mean.

Although Minsheng Bank is a bank, it is the only private enterprise in China.

Its strength is far inferior to the four major state-owned banks.

If it really wants to use market operations, Huanyu Technology will definitely have the ability to exert influence on Minsheng Bank.

Especially now that Huanyu Technology has acquired 5% of the shares of Minsheng Bank.

"Mr. Liu, are you welcoming me or watching me?"

Looking at the management of Minsheng Bank in front, Chen Yu walked over with a smile.

"What Mr. Chen said, we very much welcome Huanyu Technology to come to our Minsheng Bank for guidance."

"Mr. Liu is being polite again. He called me Chen Yu last time. Now he calls me Mr. Chen. Isn't that a foreign policy?"

The two exchanged a few polite words.

Immediately, under the leadership of Liu Yonghao, chairman of Minsheng Bank, Chen Yu and Zhang Jianming participated in the interim board of directors of Minsheng Bank.

This temporary board of directors was proposed by Chen Yu's side.

As the fifth largest shareholder, Chen Yu has the right to apply to the board of directors to convene an interim board of directors.

"Mr. Liu, let's follow the meeting procedures."

Although I don’t know what Chen Yu is doing for the moment, I still have to go through the process.

Chen Yu proposed to the board of directors to add director seats and proposed that Zhang Jianming serve as a director of Minsheng Bank on behalf of Huanyu Technology.

Chen Yu’s proposal was finally approved by the board of directors.

It's not that they like to let Huanyu Technology get involved in Minsheng Bank, but because Huanyu Technology is the fifth largest shareholder of Minsheng Bank, normally, it will appoint a director. Of course, the board of directors may not agree, and then it will break up with the other party. Under normal circumstances, the major shareholders are not monolithic. They will not offend Huanyu Technology without understanding the situation of Huanyu Technology.

In addition, the appointed director will generally not interfere with the day-to-day management of the company, although he may also participate in management.

But more directors are just to prove the existence of the power of major shareholders.

"Thank you for your support, okay, let's go back first."

After the process was completed, Chen Yu expressed his gratitude to several major shareholders, and then prepared to go home with Zhang Jianming.

Seeing that Chen Yu was about to leave, the entire board of directors couldn't understand it.

What's going on?

What is Chen Yu doing?

Huanyu Technology acquired 5% of Minsheng Bank's shares just to insert a director?

Nothing else?

Several directors looked at Liu Yonghao.

Liu Yonghao also felt that this was extremely strange: "Mr. Chen, are you going back in such a hurry? There is a dinner party tonight. Why do you say that you are also one of the major shareholders of Minsheng Bank. As you said, from now on we are all our own family. Our own family Of course people should be closer to each other.”

"Mr. Liu, I'm sorry. I'm really sorry. There are too many things going on in the company recently, and I really can't spare the time. By the way, I appointed Zhang Jianming as the director of Minsheng Bank, and I just asked him to show his name. How did Minsheng Bank operate? No matter how it is operated now, we will not interfere, you can rest assured on this."

"Thank you Mr. Chen for your support to the management of Minsheng Bank."

Liu Yong still didn't understand Chen Yu's intentions. At this time, another director, who was also the representative of the largest shareholder of Minsheng Bank, said: "Mr. Chen, there is no one else on the board of directors. Just say what you think about Minsheng Bank. Otherwise, no one will know what you mean, and there will be consequences." It’s not good if there is any misunderstanding.”

This director is Li Zhongwei, a representative of Heung Kong Clearing Co., Ltd., the largest shareholder of China Minsheng Bank.

"Mr. Li misunderstood. In fact, I have no idea about Minsheng Bank."

Chen Yu paused, and then said to everyone: "If you have any ideas, we at Huanyu Technology have a cooperation that we would like to discuss with Minsheng Bank."

"Cooperation, what cooperation?"

"We at Huanyu Technology have recently separated out the PayTong business and set up a separate department. In addition, we may launch a transfer service in the future. I plan to open our PayTong account at Minsheng Bank so that all future users can use it. All Alipay consumers can deposit funds into Minsheng Bank."

This statement made the entire board of directors suddenly excited.

They clearly know the size of Huanyu Technology’s e-commerce. If the main account of Alipay is opened in their Minsheng Bank, their Minsheng Bank will directly absorb tens of billions of deposits.

Not to mention Minsheng Bank, even the four major state-owned banks would be extremely excited about such a business.

"Mr. Chen, are you telling the truth?"

Li Zhongwei confirmed.

"certainly."

Chen Yu nodded: "Why else would I acquire 5% of Minsheng Bank's shares?"

"Well……"

Liu Yong was stunned, "Mr. Chen, is this business the reason why you acquired 5% of Minsheng Bank's shares?"

"Yes."

"nothing else?"

"No."

Chen Yu spread his hands to show that I had made everything clear.

"I……"

"Mr. Chen, you can just talk to me about this business. Why bother..."

Liu Yong almost spit out a mouthful of old blood.

Is it necessary to go through so much trouble, go around in a circle and spend so much money to acquire their stocks?

"I want to say it, but I'm just worried that you won't agree. Besides, if I don't send a director over, who will I turn to if you lose my money?"

"Pfft..."

At this moment, the other directors were all petrified by Chen Yu.

How can this be?

As a listed company, it is also the only private bank in the country.

How could they do this.

However, when they think about the scale of Alipay, they understand.

Although the money in Alipay is often liquid, it is impossible to have so much money in their bank. But regardless of whether it is flowing or not, as long as money continues to come in from Alipay, it will also be of huge benefit to Minsheng Bank. Moreover, when Alipay has outflows, he also has inflows. Just like bank deposits, there are deposits and withdrawals.

But no matter what, the money flowing in is far greater than the money flowing out and withdrawn.

With so much money in Minsheng Bank, it is impossible for Huanyu Technology not to worry.

Although this is unlikely to cause problems, it is necessary to have a director to oversee the

Negotiate with China Minsheng Bank, and then follow the procedures.

The function has already been activated and it doesn’t take much time.

A few days later, Paytong was officially separated and a brand new Paytong page was created.

Of course, due to the temporary independence of Alipay, he did not attract too many people’s attention at first.

Because many people think that PayTong is the same as before, it is a guarantee platform.

However, for some merchant users, they have already begun to use PayTong.

Especially those businesses that open stores in Huanyu Mall and Huanyu Department Store.

Because you have to do business online, online transfers and capital turnover often occur.

In the past, you had to go to various banks to make such transfers, which was too troublesome.

In other words, they did not find such transfers troublesome at the time.

Because there are no more convenient payment terms.

But after the payment channel was opened, they discovered that transferring money could be so convenient.

Especially when transferring money within the site, you only need to know the other party's Alipay account number, and the transfer can be done in seconds.

Moreover, he does not charge a handling fee.

Undoubtedly, such functions quickly made them fall in love with this payment channel.

Moreover, as these merchants continue to use it, some funds are constantly being deposited in Paytm.

Of course, they didn’t have the idea to store funds in PayTong at first.