"Chen Yu, you … What about Shenzhou Computer?"
Seeing that Chen Yu didn't seem to be joking, Wu Haijun asked.
"That's simple. We can merge it with Huanyu Computer. At the same time, Shenzhou Computer can still maintain its independent brand development."
This was Chen Yu's plan.
This plan seemed to be the same as the previous cooperation, but the reality was different.
Previously, both parties invested in the technology and cooperated with each other, but in fact, both parties maintained different operations.
Huanyu Technologies sold Huanyu Netbooks, and Shenzhou Company sold Shenzhou Computer.
Although the two parties were cooperating, they were still operating as two companies. The profits of their brands were handed over to their own companies.
But now, the two companies would merge into one.
Shenzhou Computer could merge into Huanyu Computer with the current valuation and accept the new shares of Huanyu Computer.
In this way, the whole company would no longer be two independent companies, but a brand new one.
Shenzhou Computer could still be sold, but it would only be a brand operation under the company.
Wu Haijun would pay attention to the development of Shenzhou Computer, but he would also pay attention to the development of the whole Huanyu Computer.
In this way.
Chen Yu found a new leader of the computer industry, and he also didn't let Wu Haijun lose Shenzhou Computer.
Of course, it made sense, but the key was whether Wu Haijun was willing or not.
If he was an ordinary professional manager, he would certainly be willing.
But Wu Haijun was the founder of Shenzhou Computer, and he had made a name for himself in the industry.
Of course, it didn't matter if he was brothers with Chen Yu. If he merged into Huanyu Computer in the future, he would obviously be under Chen Yu.
"Chen Yu, I have to think about it."
Wu Haijun didn't reply immediately.
Chen Yu felt that this was normal.
If it were him, he wouldn't respond so quickly.
Just like his Huanyu Technologies.
If someone wanted to buy them, he would rather be beaten to death than agree.
"Alright … Old Wu, you should consider this carefully."
Chen Yu did not immediately ask Wu Haijun for an answer.
After that, Chen Yu did not stop. After leaving the Divine Boat, he headed towards the headquarters of Minsheng Bank.
"Boss Chen, you're a rare guest. You haven't been here since the last board meeting."
"I wanted to come too, but I've been too busy. Now is the right time, so I took some time out to chat with Director Liu."
"Chat … Haha, Boss Chen, is it really that simple? Is there nothing else?"
"Of course. I want to see if your Minsheng bank has taken away our money."
Chen Yu joked.
After the introduction of the transfer service, Huanyu's e-commerce accounts were all deposited in Minsheng Bank.
Although this was just a transfer of accounts, because of the user's habits, there would be a large amount of idle funds deposited at the same time as the transfer.
Over time, with the savings of tens of thousands of users, Minsheng Bank had already absorbed tens of billions of yuan.
This was equivalent to a sudden increase of tens of billions of yuan in savings.
Moreover, this did not stop. It was still expanding as the scale of e-commerce continued to expand.
"Boss Chen, what are you talking about? What do you mean by Minsheng Bank? You also have shares in Minsheng Bank and even sent a director to Minsheng Bank. Minsheng Bank is also your business. Even if we want to take away your money, we don't have the guts to do so."
"Besides, even if you're not a shareholder of Minsheng Bank, we don't dare to take away our users' funds."
Liu Yonghao scolded Chen Yu, saying that he was too worried about Minsheng Bank.
"Hahaha, Director Liu, I'm just joking. However, there's something I'd like to talk to you about. "
"What is it? Go ahead."
"I'd like to ask if Huanyu Technologies can start a loan business?"
"Loan? Chen Yu, is Huanyu Technologies short of money again?"
"No, I mean, we're loaning money to others."
"That's what you're talking about."
Liu Yonghao understood what Chen Yu meant. "I don't think so. You won't be able to get a license."
According to the current policy, financial businesses and licenses would not be issued to private enterprises or individuals.
Minsheng Bank was an exception.
Only in the next ten years or so, when the policy was relaxed, various private enterprises could start a loan business.
"What about working with Minsheng Bank?"
"That's possible."
Minsheng Bank naturally had a loan business.
Huanyu Technologies could not do it, but working with Minsheng Bank could push it forward.
However, Liu Yonghao was a little curious. "Huanyu Technologies wants to enter the financial field?"
"No."
"Then who do you want to loan the money to?"
"To ordinary consumers."
"Ordinary consumers? Individuals?"
"You can say that."
"This business … Can you tell me more about it?"
Liu Yonghao was a little confused about what Chen Yu meant and wanted to ask for more details.
However, he felt that this business was not very promising.
"Let's put it this way."
Chen Yu explained, "Huanyu Technologies has a lot of electronic products, such as mobile phones, Pear series, computers, netbooks … These. However, these hardware products are more expensive and some consumers can't afford them. Therefore, I've decided to provide loans to those who can't afford them for the time being and let them pay in installments within a year or two. "
"Loans to buy computers and mobile phones?"
"Yes."
"Boss Chen, you're too smart."
Liu Yonghao was stunned.
He had been in the financial industry for so long and had never thought of such a business.
"Boss Chen, how did you come up with this business?"
"TSMC, Intel, and Samsung joined forces and forced me to my wit's end."
"I've heard about this."
Liu Yonghao nodded.
This news had already spread in the industry.
Although Liu Yonghao was not in the IT industry, he was familiar with this kind of news.
Based on his analysis, he was certain that Huanyu Technologies was under tremendous pressure.
This was normal.
If it was any other company, it would be difficult to deal with the joint forces of these companies.
If Huanyu Technologies was not strong enough, normal companies might have gone bankrupt on the spot.
He did not expect that under such tremendous pressure, Chen Yu would think of a way to provide loans to ordinary consumers.
He had to admit that this move was very clever.
As long as this business was launched, it would bring huge sales to Huanyu Technologies's electronic products.
However, after listening to Chen Yu's introduction, Liu Yonghao frowned again.
"CEO Liu, is there a problem?"
"There is a problem. For example, the risks involved. Have you thought about what ordinary consumers will use as collateral if they take a loan?"
"There's no need for collateral. My model is a credit loan."
"Credit loan?"
Liu Yonghao naturally knew about credit loans.
But …
Basically, no bank dared to offer such a business.
Even if some dared to, they would not only need a credit loan. They would also need to add a guarantor on top of the credit loan. If there was no guarantor, then you would have to use fixed assets as collateral. Even so, there was a lot of risk with just a guarantor. The banks were more willing to lend with low collateral.
This was actually what Teacher Ma said in his previous life. The thinking of banks over the past thousand years was completely the pawnshop mentality.
Only if you put something in the bank as collateral, then they would give you a loan.
If not, then sorry, the bank would not lend you a loan.
This was like buying a house with a mortgage.
Buying a house seemed like a credit loan, but it was not at all. Although you could live in the house, if you did not pay off the loan, your house did not completely belong to you. It was still mortgaged with the bank. If you did not have the money to pay off the loan, the bank had the right to take back your house and auction it.
It was the same for buying a car.
Although the car bought with a loan could be driven home, the car bought with a loan was equipped with GPS.
In other words, the bank would know where your car was driven.
If you did not pay off the loan, they would send someone to drive your car away according to the GPS.
Of course, there were some cars that did not have GPS installed, but if you did not pay off the loan, they had many ways to take your car away or use other methods to make you pay off the loan.
These loans did not seem to be collateralized, but they were all collateralized.
If it was a credit loan, the bank would not lend it to you at all.
Obviously.
When Chen Yu talked about credit loans, Liu Yonghao was even more pessimistic.
"Boss Chen, I think this business is too risky. Although this business was indeed good news for the consumers, it was not a big deal. Many people can't afford a computer in a short time. He can pay in installments and increase your sales. However, you are all ordinary people. If ordinary people do not have a mortgage, they have no credit. If they don't pay back the loan, what will you do? "
The reason why banks did not do credit loans was because the risk was too high.
Ordinary people did not have any credit to speak of.
In their eyes, how much was credit worth?
It was unknown how many people were willing to sacrifice their credibility for money.
This was not only a loan from a bank, but also a loan from a friend.
Just like the saying in the real world, the one who borrows money is the grandson, the one who pays back the money is the boss.
If you don't serve the boss well, why the hell would you pay back the money?
The bank obviously did not want to leave such a risk to themselves, because it would increase the bad debt rate.
At the same time, it would be extremely troublesome for them to recover the money.
If they had a lot of money, the bank could sue them to force them to pay back the money.
What about less money?
Chen Yu's credit loans were at most a few thousand yuan, and some were even a few hundred yuan. Would they go to court for a few thousand yuan or a few hundred yuan?
And it would not be just one or two people. If they breached the contract in the future, there would be tens of thousands or hundreds of thousands of people.
Which bank would have so much energy to go to court with tens of thousands or hundreds of thousands of people?
However, Chen Yu did not think so.
Seeing Liu Yonghao's refusal, Chen Yu said, "That's why we want the two of us to cooperate. Otherwise, you can do the loan business. It doesn't matter if you want Huanyu Technologies or not."
"Boss Chen, credit loans are really risky. I suggest not to do it."
Seeing that Chen Yu did not listen to his advice, Liu Yonghao said again.
"Boss Liu, I know there are risks, but what if we have a way to control the risks?"
"Means to control the risks, what means?"
"Boss Liu, don't forget our PayPal."
Chen Yu said with a smile, "PayPal is not only a payment tool, it is also a credit system."
= = =
PS: Brothers, this chapter is 3000 words long. Big White, you're really something, right?
Select text and click 'Report' to let us know about any bad translation.
