Chapter 95 Problem Loans
Updated: 2012-08-09
"What kind of investment project is Changqing Group?" Chen Huai knew it was a little embarrassed, but if he wanted to interfere in this matter, he had to ask clearly the whole story.
"Yesin Bank plans to open a branch in Donghua. Ms. Sun is actually the representative of Yeesin Bank sent to Donghua for inspection. However, Changqing Group is a foreign shareholder of Yeesin Bank, and Ms. Sun is also from Changqing Group. It is also good to say that she is a representative of Changqing Group,"
Xiong Wenbin said,
"Just opening a branch in Yexin Bank is not a big deal. But you also know that Changqing Group, founded by your great-grandfather, has a deep connection with Donghua. Secretary Tan hopes to deepen the contacts this time and promote Changqing Group to make greater investments in Donghua..."
Chen Huai felt sad:
The bastard before was really ignorant. At least before his inheritance rights were deprived, Changqing Group involved his fundamental interests. Not to mention how well he knew about Changqing Group's business, even Changqing Group is a foreign shareholder of Yexin Bank, and it is really "unrelated" enough to know such an important information.
It’s also a loss for his 30,000 US dollars of living expenses after returning to China, which were all transferred and exchanged at Yexin Bank.
Chen Huai has some understanding of Yexin Bank. It should be said that Yexin Bank wanted to launch its business to Donghua as early as last year, because Meixi Iron and Steel Plant had a production turnover capital of 16 million yuan, which is a loan issued by Yexin Bank.
Since Yexin Bank has no branches in Donghua City, the loan was transferred through Agricultural Bank of China.
The source of this loan is somewhat strange. It was brought to Meixi Iron and Steel Plant by former municipal party secretary Wu Haifeng and mayor Gao Tianhe when they attended a meeting in the provincial capital. It was compiled in the name of the municipal government.
On the surface, it is a model example of the municipal party committee and government supporting the development of Donghua township enterprises, but stripping off their glamorous appearance is nothing more than hoping that Meixi Steel Plant can last longer so that it can suck their affiliated enterprises a little more blood.
Yexin Bank is not familiar with Donghua localities, but with the Donghua Municipal Government coming forward to match the loan, the loan was easily released.
Chen Huai also said why "coon" Sun Yalin knew his deeds in Donghua well? It turned out that he was following the clues from the "loan" line - Chen Huai served as the director of Meixi Iron and Steel Plant, and the legal representative was also changed to him. The filing materials submitted by the steel plant to Yexin Bank will also have corresponding changes.
Since Sun Yalin is the business representative sent by Yexin Bank to Donghua to inspect the construction branch, there is no reason not to care about it. It is likely that Yexin Bank currently releases the only loan business in Donghua.
Chen Huai’s understanding of Yexin Bank is superficial.
Chen Huai had no concern for family business before. After Chen Huai accepted Meixi Steel Plant at this time, although he knew that he had owed Yexin Bank a loan and the Finance Department also transferred the interest payment regularly every month, he did not expect to understand Yexin Bank's equity structure.
Chen Huai generally knew that Yexin Bank was the first joint-stock bank established in China, mainly state-owned shares and occupying a controlling position. However, in order to learn from advanced foreign financial management experience, foreign-invested shares were introduced for the first time, and the bank's management also basically accepted the recommendations of foreign shareholders.
As for Yexin Bank's detailed equity structure and list of foreign shareholders, it is obviously not information that ordinary people or township cadres can access.
Yexin Bank is the first gap opened up by the domestic financial industry.
Although the original intention was to establish a national commercial bank, the central government was quite cautious in financial liberalization, so the number of branches that Yexin Bank could open is limited every year.
Donghua's economic development will lag much behind, and the scale of bank deposits and loans is small.
Normally, Yexin Bank will not give priority to establishing branches in Donghua. If Changqing Group is one of the foreign shareholders of Yexin Bank, it will have sufficient impact on Yexin Bank's development in China, it will be easy to understand.
"In recent years, Donghua has lagged behind Pingjiang and other cities in the south in attracting investment," Xiong Wenbin sighed. "Secretary Tan also said that if Donghua's economy can develop rapidly, it must focus on the work of attracting investment..."
In recent years, Donghua City has invested foreign investment in recent years and has not even reached the scale of 20 million US dollars. It is really too behind.
At the municipal level, the division of labor between the party and the government is much clearer than that in the townships below. There are often two to three members of the Standing Committee of the municipal government.
This political situation of gradually moving towards collective leadership and collective decision-making development is very difficult for the municipal party committee secretary to completely suppress the mayor. If the province supports Tan Qiping, it is impossible for Tan Qiping to cover up the sky in Donghua; not to mention that Tan Qiping is still an outsider and cannot control the entire Standing Committee in a short period of time.
The mayor is responsible for economic development, but attracting investment is the overall situation, and it is normal for the municipal party secretary to personally inquire.
Tan Qiping must be able to make some achievements in attracting investment in the extremely weak links before Donghua, which can not only slap Gao Tianhe in the face, but also make the current balance of the Standing Committee team more changes that are beneficial to him.
Seeing that Xiong Wenbin attached great importance to Sun Yalin, Shen Huai smiled and said, "My relationship with this distant cousin is really average," he said, covering his crotch again, "You go in first, I will urinate before coming back, just pretend we didn't meet outside..."
When Shen Huai urinated, Kan Xuetao was scolding the police officer on duty, and the four gangsters were directly detained; Xiong Wenbin apologized to Sun Yalin on behalf of the municipal party committee in the next office...
No wonder foreign businessmen are domineering and superior to others in China. In order to attract foreign investment, officials from various places are much more "customed" than Xiong Wenbin; the phenomenon of "first-class foreigners and second-class officials" is still very common in China.
After Shen Huai entered, he cooperated with Xiong Wenbin to act in the drama "Secretary General Xiong, why are you here? I told Secretary Gao on the phone that the matter was not serious and my cousin was very satisfied with the handling of the municipal bureau" before turning to the topic.
Xiong Wenbin asked Sun Yalin in surprise: "Ms. Sun and Xiao Shen are really cousins? Oh, by the way, I heard someone say before that Xiao Shen is an overseas student. It is rare for us to be a party member and cadre in our city to be senior intellectuals like Xiao Shen."
Sun Yalin looked at Shen Huai, but did not hide the contempt in her eyes at all. She believed from the bottom of her heart that he was an ignorant guy, but just used the bad reputation of studying abroad to confuse these stupid officials in China, and even contempt Xiong Wenbin and others from the bottom of her heart.
Seeing my cousin's face that was slapping, Shen Huai wanted to go up and slap her, but he had to consider many practical issues:
At present, it seems that the decision of whether Yexin Bank should open a branch in Donghua is really in the hands of Sun Yalin. If this matter is ruined, it will not be too bad for the struggle between Tan Qiping and Gao Tianhe, but it will definitely have a certain negative impact on Donghua's economic development.
At present, the key to developing the economy is to have investment. Whether it is foreign or domestic capital, more financial institutions and more lending can effectively promote local economic development.
In addition to increasing the amount of local lending, the management of Yexin Bank is much more formal than that of domestic banks and credit unions. Through strict lending management, local investment efficiency can be greatly improved, which is exactly what Donghua needs at present.
However, Sun Yalin showed a malicious smile in her eyes, which made Chen Huai feel cold: He suspected that Sun Yalin might take back the loan entrusted to the steel mill by Yexin Bank in advance.
Now the production funds that steel mills can turn over are only about 20 million; if 16 million of working capital is withdrawn at once, it will be a life-threatening one.
Yang Haipeng called at this time. He had already sent Xiong Daini, Xiong Dailing, Zhou Ming and Xiaoli back respectively. At this time, he was returning to the city from Meixi Town. Chen Huai asked him to come directly to the Municipal Public Security Bureau.
Chen Huai said to Xiong Wenbin: "Yang Haipeng drove over to pick me up, and I will take my cousin and the others to the hotel!"
Seeing that Chen Huai took the initiative to take over the matter, Xiong Wenbin nodded and said yes, he was originally a slap in the matter on behalf of the municipal party committee so that Tan Qiping would have an excuse to directly inquire about the matter in the future.
Although Sun Yalin didn't like Chen Huai, she refused to ask the Municipal Public Security Bureau or the Municipal Party Committee to send them a car to take them back to the Nanyuan Hotel.
Yang Haipeng drove over, and Chen Huai invited Sun Yalin, who was full of unkindness, to get on the bus with her companions, and after saying goodbye to Xiong Wenbin, Kan Xuetao and the others, he drove directly to Nanyuan Hotel.
Along the way, Chen Huai sat in the passenger seat and didn't say much.
However, Sun Yalin sat in the back row and couldn't help but provoke: "Meixi Iron and Steel Plant worked in the early year to lend 16 million yuan to the bank for production workflow capital. I came to Donghua this time and learned some of the situations, which can show that the loan application materials submitted by Meixi Iron and Steel Plant to the provincial branch were very problematic. The Donghua Municipal Government is interested in helping Meixi Iron and Steel Plant cheat loans. Is this right?"
Chen Huai was silent and silent.
Nowadays, how many banks in various places are lending without illness? If this matter is revealed, it will definitely make Wu Haifeng and Gao Tianhe be beaten, but Meixi Steel Plant will definitely be troubled. Now Meixi Steel Plant has a total assets of 120 million, of which 80 million are debts to various banks. Yexin Bank has suspended lending, which may also trigger a chain reaction.
"Why don't you say anything?" Sun Yalin was proud to see Chen Huai's painful foot grabbing, and she wished she could press her face to Chen Huai's eyes, "Please beg me, I might be able to keep this matter for three months before reporting it..."
Yang Haipeng didn't know what happened after leaving, nor did he know what Chen Huai had to do with his French cousin. Seeing that his face looked a little ugly, he could only drive a car first and ask anything without talking too much.
"I have only taken over Meixi Iron and Steel Plant for less than three months. Do you think this can threaten me?"
Chen Huai had a tense face, looking at Sun Yalin's eyes with no kindness and flamboyant smile in the rearview mirror. He looked through his previous memories and knew that the relationship between the Sun family's children was not very harmonious, and Chen Huai was particularly annoying before, and he followed this "cousin" with many grudges...
"I didn't threaten you, I just told a fact." Sun Yalin said proudly.
"This Miss Sophia is your assistant to cousin, right? By the way, cousin, you tried every means to get Sophia to China as an assistant. As for this important inspection activity, cousin, you brought Sophia to Donghua and even fought with Donghua's gangsters in the middle of the night. The third cousin and the others really won't think much about it?"
Chen Huai picked up the cigarette box from the dashboard, smoked a cigarette and lit it. He ignored the space in the car, and sucked two puffs, causing the smoke in the car to become scattered.
Sun Yalin choked and coughed, but she didn't care about this. She listened to Chen Huai's words and hairs stood up, and she asked in a sharp voice: "What do you mean by these?"
"It's nothing. I forgot to say to my little cousin. After I returned to China, I worked hard to learn English," Chen Huai turned around, smiled, and said, "I think cousin, you must hope that I forgot everything I heard in the police car just now, right?"
"Your mother, what a bastard!" Sun Yalin didn't expect that Chen Huai would shamelessly eavesdrop on their conversation. At this time, he used it to threaten them with shamelessness. He gritted his teeth and reached out to grab his collar, "I'm stopping the lending to Meixi Iron and Steel Factory. I'm following the rules. How can you be so shameless?"
Chen Huai was very helpless about this tall "cousin" who has been studying violently since childhood and has spare time to learn Taekwondo. He was very helpless and could not beat her. He could only strangle her neck with an ugly posture, owing her body, but said toughly: "It has nothing to do with me if it is Rong or a Song in Meixi Iron Factory, but it has nothing to do with me, but it has to do with the jobs of nine hundred workers. If you dare to smash it, don't think I won't do anything official, kick you back to France first."
Chapter completed!