In early May, Ling Nan was transferred to the board of directors of United Bank. At the end of the month, Qiu Zhizhang resigned. His superior directly appointed Ling Nan as the new president, chairman and party secretary. This is the only president of United Bank who has not passed the vote in more than ten years. As Huang Guangyao said, the era of extrajudicial privileges ended, United Bank completely returned to the group of the five major state-owned banks.

Two weeks later, Lin Qiang, Qian Bo and others came to the airport together and sent Qiu Zhichang onto the flight to Los Angeles. Surprisingly, Chen Xingyuan also came. The two old men hugged and said goodbye in a plain manner, without hatred, only free and easy.

The story of that generation was completely announced to the end. They were great, but it was time for someone to take over.

In June, Jijing Bank and WeChat reached a production and marginal cooperation, with Jijing Bank responsible for product operations and WeChat Bank responsible for channel sales. At the same time, they launched the "Weijing Earning" financial products. Users can purchase and redeem them through the "Weixin Wallet" platform, as small as a penny, without capping, ensuring an annualized rate of return of 3.25%.

This is actually a flexible version of conventional short-term financial products. Customers do not need to go to the bank to purchase and redeem, or sign a bundled contract. They only need to operate it on their mobile phone or computer to complete the purchase. The profit is settled daily and the operation is completed within one minute.

Soon, with the market's love and flexible operation, the annual yield of "micro-earning" exceeded 3.5%. Lin Qiang finally put himself in his shoes and felt the propaganda power of WeChat like a virus.

Taking advantage of the momentum, the two sides launched "big profit" products in August. Compared with "micro profit", the investment threshold for big profit is 100,000 yuan, which is divided into one, three and five years. No matter which period, the returns completely exceed the treasury bonds.

With the excellent reputation of micro-earning, the sales of big profits have also ushered in a series of good news. In less than September, its one-year income exceeded 4%. A considerable number of people have begun to develop the habit of using "WeChat Wallet" to manage their finances, including Lin Qiang himself. After the boom of WeChat smart terminal communication products, "WeChat Wallet" set off a new round of craze. Even though the number of wallet users is much less than that of communication products, the value of individual users is thousands of times ahead of the latter.

Luo Yongsheng's first shot into the financial industry was launched, and his stock price was rising steadily. Now he no longer has to worry about capital and financing.

Lin Qiang is naturally not a coolie. Products sold through the WeChat platform will eventually flow into Jijing Bank. In just half a year, Jijing Bank's savings have increased by 35%. This may not seem to be large, but in today's difficult banking industry, it is already difficult to grow by 5% annually. Even Huang Guangyao of Huashang Bank, when publishing its half-year financial report, was expected to grow by only 4.3%, which is only about 1/8 of Jijing Bank's six-year growth.

In fact, no matter who it is, it is basically a sure profit to cooperate with Luo Yongsheng, and it depends on who has the courage to do so.

Relatively speaking, being bold is always taking risks. When a product's income can steadily surpass the government bonds, it's time for the people above to take action.

At first it was the China Banking Regulatory Commission, then the central bank, then the Ministry of Finance, and even the Ministry of Industry and Information Technology. Documents were suppressed one by one, and people above have discovered that the rise of "WeChat Wallet" will shake the intensity of macro-control and will also infringe on the interests of industries within the traditional system.

When soldiers come and generals come and cover them, Lin Qiang and Luo Yongsheng began to show their magical powers, either playing Tai Chi or pretending to be stupid. With the efforts of interpersonal and public relations, they temporarily withstand this wave of pressure, but further larger plans had to be temporarily put on hold.

This is the struggle with policies. We must constantly and carefully test the bottom line, rather than directly angering the other party.

With this cooperation, Jijing Bank survived the reputation crisis.

And Lin Qiang was praised on the altar like a savior.

Huang Guangyao once said that he belongs to this era, but under the influence of mobile Internet, the speed of the times has caught off guard. Although Huang Guangyao's entry into Huashang Bank also brought good results, his light was completely covered up by Lin Qiang, because Lin Qiang was taking another path.

Huang Guangyao may be the fastest fierce horse on the continent, but Lin Qiang is already evolving wings.

Aiwu and Wu. Since Jijing Bank has not been listed, its company Great Wall Group has become the darling of the capital market. Although the popularity of the product has not yet brought much direct impact, the trend of capital is always one step ahead. Great Wall Group has become the most popular target of capital pursuit besides WeXun. After all, the tree of WeXun is too big, but Great Wall Group may still have room.

Lin Qiang walked forward in the corridor of the third floor of the Great Wall Building, Yue Qianli, Qin Zheng was on his left and right sides, one was his deputy and the other was his secretary.

Group staff in the corridor stopped and bowed.

"President Lin."

"President Lin."

"Mr. Lin."

Lin Qiang nodded casually and responded.

Now he is valued, needed, respected, and flattered.

Here, no one dares to doubt or despise him, and he has become the savior of the entire group. On the other hand, his actions are too much ahead of his predecessor, and even completely overshadowed Chen Xingyuan's former influence. Relying on his strength and results, Lin Qiang has gained a foothold here. Even if he does not rely on the actual controller Tong Feifei, his iron fist can still play.

"President Lin..." Yue Qianli leaned behind him and whispered, "This... I heard someone call you Mr. Lin just now."

"Let's go wrong, there are directors everywhere here."

"Haha, at least it means that your status is no less than that of a director." Yue Qianli smiled, "Can we plan it..."

“No need for this.”

Qin Zheng next to him followed and said, "Lin Xing once promised not to participate in the board of directors."

"Promise?" Yue Qianli laughed dryly, "Liu Bei promised to revive the Han Dynasty, but he did not become the emperor and establish a new national name? Now everyone is looking for it, and the opportunity is not to be missed."

"You're too anxious." Qin Zheng frowned. He and Yue Qianli never had a good relationship. After all, one is a radical with many ideas and the other is a conservative. "Lin Xing, I won't be talking about this matter this time, right?"

"Other thing." Lin Qiang smiled and patted the two of them, "Don't worry, I'm not interested in the board of directors, and I don't need to be a director at all."

“…”

Even Yue Qianli couldn't guess what this sentence meant.

In the conference room, everyone sat.

First, Qin Zheng reported on the financial situation and expectations for the second quarter, which is a routine process.

"Due to policy pressure, it is expected that the growth rate of product sales will slow down in the third quarter. Savings growth will also be affected, and our estimate is 6.2%. "After Qin Zheng finished his report, An Ran sat down.

"6.2 is already very high, catching up with the previous year's growth." The young director had a very different attitude from his previous one and applauded with a smile, "Since President Lin took over, it has achieved immediate results. He has revitalized the bank in an instant. I admire him, admire him."

The other directors also followed the conversation and sent a few words of flattery and encouragement. Nowadays, banks have become the hope of the group. This is what Cheng Qiang really hopes to see.

The group secretary immediately stood up and said, "So, do you have any questions to ask?"

"No, how could it be?"

"Governor Lin manages well and doesn't need more questions."

"It mainly depends on whether President Lin has any needs and whether our group can help."

A kind look focused on Lin Qiang. In just half a year, it is different from the past.

Lin Qiang nodded to Yue Qianli beside him.

Then Yue Qianli stood up and regained Chen Xingyuan’s IPO documents back then and talked about the listing and raising shares.

If you have to say, the current situation is better than when Chen Xingyuan proposed it at that time. Jijing Bank's popularity has surpassed Great Wall Group. Under the influence of countless favorable factors, it is the best time for an IPO. Once successful, the capital problem that has plagued the place for a long time will be solved. If Lin Qiang wants to, he can expand hundreds of business outlets within a year, instead of doing it slowly like squeezing toothpaste.

Chen Xingyuan's failure was because of Cheng Qiang's complete opposition.

And now, in the entire group, who still has this power?

It’s hard to say whether Tong Feifei has any, at least the directors in this conference room do not have it.

The directors had no reason to object. In principle, the capital operation department would cooperate with the bank to carry out follow-up work.

Although the old director was in the chief executive, he had completely lost control of the board of directors. Even if he wanted to raise objections, he could not find a suitable reason. Those eyes that had once cast on him were gathered on Lin Qiang.

This is the reality. Those people valued themselves back then because Cheng Qiang.

And they now value Lin Qiang because of Tong Feifei and the soon-to-be-born child.

The old director felt that he should retire as well.

United Bank, the situation is not so optimistic.

It is true that receiving investment from Bank of America makes United Bank very comfortable, but the departure of Qiu Zhizhang, Huang Guangyao and Lin Qiang, the three generations of old, middle-aged and young, and third-level high school juniors undoubtedly greatly shakes the competitiveness of talents. However, the new leaders transferred by Ling Nan and assigned by him are mostly careers and theoretical people, and they are not much worse than Huang Guangyao in their work. Many things, even if Zheng Shuai does, will be better than them.

With the arrival of a group of cadres led by Ling Nan, a strong bureaucratic atmosphere spread in the United Bank. With the money of Bank of America, they no longer worry about the line of life and death. Without Huang Guangyao's encouragement, they no longer fight for their performance, and replaced by the bureaucratic set of things.

In addition to these, there is another tacit fact that everyone is convinced, that is, the salary of leaders and executives has been greatly improved. In Qiu Zhizhang's era, this number was finally suppressed. As the president, Qiu Zhizhang's annual income was only about 700,000 yuan. Huang Guangyao's performance was too outstanding, so he naturally exceeded one million.

In the second half of the year, the salary of United Bank's executives returned to the level of the Xingli era. In just half a year, the money that fell into Lingnan's pocket exceeded Qiu Zhizhang's income throughout the year. I don't know what else would happen when the year-end bonus was counted.

Under the influence of a series of events, many of the newly-grown signs were destroyed.

Previously, many middle-level leaders thought that this was their own career, but now they only think that this is the country's money.

Many senior leaders are relatively self-disciplined and hardworking because they know that one day they may be able to join the board of directors or even become presidents, but now they are neglected because these are the final say of the leaders. This is the officialdom rather than the mall.

As Ling Nan, he has been the top leader of the Municipal Finance Bureau for many years, so what he knows best is to spend money rather than make money. Since taking over, many projects have been launched, including "public self-service machines" and "new version of the backend system", but have invested huge projects. At the same time, United Bank's investment in advertising and marketing has also increased several times, reaching the limit of the domestic banking industry.

People at United Bank began to get used to this rhythm.

In July, Zhang Ren resigned and transferred to Jijing Bank, becoming the deputy director of Jijing Bank's cooperation project with WeChat.

He is a lovely person, and the reason for his resignation privately made Lin Qiang want to laugh-

"The above must use that expensive and stupid team! I have been building a remote suburban outlet for more than half a year, and in the end, all Party B was replaced by the leaders! Furniture, construction, equipment, all of him. Mom changed!! Besides, if you change Party B, you will change Party B. Do you dare to discuss with me? No one is too bad, so I will notify me directly! I should get the kickbacks, right? I won't do engineering projects in my life! It's too his. Mom!"

Originally, for people like Zhang Ren, it was already difficult to invest in the business network construction. He devoted his efforts to this, but in the end he was denied by his superiors because of the project interests, which was something he could not bear.

After several rounds of moves with the policy, the new product was launched in September of the new year.

"WeChat Loan".

If the previous "micro-earning" and "big profit" have always been a test, "micro-loan" is the real big move. Maybe Luo Yongsheng is really a genius, maybe he is just good at pirating foreign products ahead of others. In short, this time it is no longer a simple optimization channel, but a real change channel.

In the traditional financial system, people deposit excess money into the bank and then lend it to the people in need. The circulation of currency is realized, and banks earn interest rate differences. In this way, banks are an indispensable intermediary.

And "Weidai" actually optimized this intermediary.

Just as eBay and Amazon dominated the e-commerce wave, WeChat led the "e-finance" wave this time.

On WeChat’s financial platform, merchants and individuals can apply for loans, which will be reviewed by Jijing Bank and provide mandatory legal support. When these loans are passed, they will be announced on the platform, and each individual user can see that they can choose whether to lend out the money they have.

The loan plan will indicate the purpose, income, term, etc. of the loan, which is equivalent to a simplified version of the bank loan contract. Users can see all information clearly and transparently, and then borrow money from as small as one hundred and as many as hundreds of millions of yuan based on their own conditions. If the loan is overdue and the lender has not paid back the loan, Jijing Bank will be responsible for repaying the loan to investors. Then Jijing Bank will follow the legal process and forcibly confiscate and auction the mortgaged assets to make up for their own losses.

In this process, Jijing Bank and WeChat will jointly charge a 1% service fee to lenders, which is completely borne by the lender and is completely free to users.

1%, which seems very little, is much less than absorbing savings and lending. More profits are collected by users. At the same time, lenders also save capital. If they borrow from banks, the minimum interest rate is 6.5%, but it usually reaches 8%. On the "WeChat" platform, if the interest rate is given by 5%, users will invest money. Even if they pay a 1% service fee, they still save a lot.

The bank's interests seem to be squeezed. On the surface, Jijing Bank seems to have lost money when it is involved in this matter.

But what about it?

The bank did pay compensation, but it was not Jijing Bank.

Just like the previous products, due to the speed of the platform, many merchants and even individuals began to choose this platform for loans, and those who used to borrow from conventional channels would not change their paths so quickly.

The emergence of new channels quickly attracted a large number of users. Many people and companies initially applied for loans with a try attitude, but they did not expect that after half a day, the loan manager of Jijing Bank came to review the house. The small number of loans that passed the review immediately entered the platform to prepare for the amount. Then it was involved in operation. In the early stage of the platform, it was impossible for so many users to dare to invest money like this. Therefore, assuming that the loan information of two million was actually invested by Jijing Bank and WeChat in the name of individual users. Others saw that there were 200,000 yuan, and began to invest some small money to achieve a loan of 2 million yuan.
To be continued...