Return to the exciting era of 1999

Chapter 1928: Force the Dog into a Poor Alley

"What solution do you have for the dilemma we are in now?"

Just when the people below were busy and overwhelmed, the platform finally found a senior financial expert for Kan Changshun, a returnee from abroad. The other party had worked as a manager at Goldman Sachs for a long time and had rich financial experience.

Gu Jianfei had given many public courses in China before. He was chosen by Kan Changshun this time mainly because the other party's investment failed...

"It's not difficult. Under the current economic situation, some young people like to take out loans. We provide a loan through a cooperative platform and also issue credit cards to college students. After all, they are the main consumer group in society."

"In addition, we buy debts from other loan companies and use them to make loans at the head office. These are all considered accounts receivable in finance. Even if they are bad debts, they are still acceptable at the head office."

"We can revise these bad debts, there is no problem with that. In addition, we can package these bad debts as financial products and sell them to the public for the second time, and the funds will be recovered."

"Based on the credit our company has accumulated over the years, this is not a problem. Especially this time we paid all the funds in time and the insurance can be refunded at any time. We will definitely accumulate good reputation among customers and will also be widely recognized by the bank."

"If Mr. Kan trusts you, you can let me do it. I guarantee that you can achieve the 20 small goals within a month. Also, don't you want to go public? These accounts receivable are good information, and the CSRC attaches great importance to them!"

Gu Jianfei was not at all panicked by Kan Changshun's predicament, and directly applied his "advanced" experience on Wall Street.

Then, Kan Changshun was introduced to the basis of these financial models, as well as the laws, regulations and policy support.

This classic model has been widely recognized in the financial reform process in recent years, so the other party's arguments are very reasonable.

"Tsk tsk tsk... As expected, you have to come back from abroad with a lot of experience. As long as you solve this problem, I will give you a percentage of the shares. General Manager Gu, welcome to join."

Kan Changshun's blood boiled after hearing what Gu Jianfei said. He stood up for the first time and extended his right hand towards Gu Jianfei.

"Boss Kan, don't be anxious. I haven't told you my conditions yet."

Faced with Kan Changshun's kindness, Gu Jianfei did not rush to extend his hand. Kan Changshun was stunned and then sat down.

"Please say!"

After running the business for such a long time, this was the first time he was rejected, and Kan Changshun felt a little uncomfortable.

"First, I closed the bank that was run on. My reason is very simple. We will never accept bulk deposits from anyone who is not a long-term partner of ours."

"I looked at the list of users who were involved in the bank run this time. Many of them came from the same company. This group of people could easily be influenced by a unified command and cause a bank run."

"Secondly, this kind of interest is not right. Small banks must have supporting financial products and wealth management products to operate smoothly. This bank's lack of these items proves that their operating model is wrong."

"A company with an incorrect operating model is prone to large-scale bad debts. We need to thoroughly clean up some of the unreasonable parts of the company. This time I plan to send some unqualified leaders to jail, as they have delayed the development of our company."

"Also, my salary is 25% higher than Qin Han's. I know his level. Nothing is better than him. At the same time, I don't want equity incentives, I just want annual dividends, which is the standard for professional managers on Wall Street. If you agree, I will join you. If you can't agree, I can only say that we are not destined to be together."

Facing Kan Changshun, Gu Jianfei showed the professionalism of a Wall Street financial tycoon. Kan Changshun had never met a manager like him before, and recalled every detail of Qin Han in his mind. At first, he felt that Qin Han was expensive enough, but now it seems that he is economical and affordable. Now Gu Jianfei wants too much.

"Mr. Gu, there is almost no such price in our domestic financial industry..."

Kan Changshun finally found someone who could directly solve his business problems, but he could only be cautious, after all, some problems were imminent.

"If the local idiots could solve your company's problems, you wouldn't have come to me. To be frank, your company's financial model was designed by Qin Han, and the local idiots can't control it or understand it either."

"So if you ask any local idiot to come here, they can only report data to you at most, which is useless and may even cause trouble for you. Otherwise, why did your company run so well when Qin Han was here, but why did it get worse and worse after the local idiot was replaced?"

When facing Kan Changshun, Gu Jianfei didn't care about the other party's feelings at all.

He spoke directly to the other party's pain points, and every word hit Kan Changshun's heart, leaving him no room to react.

Thinking back to the time since I lost Qin Han, Gu Jianfei's words were exactly right.

The company is like a headless fly, encountering problems and running into obstacles everywhere.

As for the financial model? Kan Changshun did modify it based on the financial model given by Qin Han, and the most basic one was Ji Donglai's physical model.

Under Kan Changshun's strong leadership, the two parties have grown into the current financial giants, which can be said to be the most prosperous financial institutions in the country. Even large foreign capital entering the country has to go through keyb for landing.

Those days were so good and money was so easy to make that Kan Changshun lost himself in thought.

Now?

Without Qin Han's operation, the first person who failed to understand the financial model was Kan Changshun. He could only watch as the general managers messed up their companies and was helpless.

"Okay, I agree to your terms. I won't give you too much time to solve the problem. I must see results in one month. You will report the company's situation directly to me alone. I will hand over the financial affairs to you first, and the rest depends on your performance."

With no choice, Kan Changshun finally decided to sign Gu Jianfei.

Just like that, on that day, Gu Jianfei entered the financial company under the recommendation of Kan Changshun and took over the banking and insurance departments. Six general managers of the two companies were fired by Gu Jianfei before they even met. The reason was very simple: the other party did not have the ability to detect and deal with the crisis in a timely manner.

"Boss Xin, we lost a lot of money this time!"

A few days later, Zhao Shuying brought a pile of bills to Xin Li. This time, the company's employees went to the other party's insurance company to cancel the insurance, and they got back 60% of all the funds.

In Zhao Shuying's opinion, a loss of several million has already crossed the red line.

"It's okay. They have lost more. If they are not stimulated like this, they will not sell at a loss. Prepare some funds. In the future, Mr. Ji may have to acquire KeyB's high-quality assets."

(End of this chapter)