Reborn in 2011, 985 missing from two copies

Chapter 708 Xingyi Bank is online

Similarly, the retail sales of Xingyi CPU and Xingyi graphics cards also soared rapidly.

Not only have domestic sales soared, but overseas recognition and sales have also soared rapidly.

Therefore, the Black Friday sale at the end of the month was clearly the home turf of NVIDIA, Intel, Dell, and HP, but the Xingyi graphics cards, Xingyi CPUs, Xingyi notebooks, and Xingyi desktops also achieved very ideal results.

Especially in the graphics card list, it defeated NVIDIA and took the top spot on the Black Friday graphics card sales list!
However, Intel I7 took the top spot on the Black Friday CPU sales list, with X7 ranking second.

There is no way, its popularity abroad is still not as good as Intel's.

But X5 took third place, X3 took fourth place, Intel ranked first and fifth in the top five, and Xingyi CPU took second, third and fourth, which was a - split!
Such a strong performance has greatly increased the popularity and sales of Xingyi CPU, Xingyi graphics card, Xingyi notebook and Xingyi desktop in the European and American markets and even around the world.

Wang Yi was in a good mood about this.

This wave is stable!

Xingyi CPU and graphics card have gained high popularity and outstanding performance all over the world.

The simplest thing is that many arrogant foreigners regard Xingyi CPU and Xingyi graphics card as big brands comparable to Intel and NVIDIA.

Many people also think that the Xingyi CPU and graphics card have completely surpassed AMD and are not inferior to NVIDIA and Intel.

This made Nvidia and Intel very angry, but they were helpless.

The most infuriating thing is that Wall Street also reported this incident:
[The giant dragon from the East suddenly appeared, its left claw knocked over Nvidia's wings, and its right claw strangled Intel's throat! ]

A very graphic picture is also attached.

This report quickly went viral around the world, causing an uproar:

"It's incredible. Xiaguo Semiconductor has risen to the point where it can rival Nvidia and Intel!"

“It’s not just comparable, it’s surpassed.”

"That's right. The CPU has surpassed Intel in all aspects, and it has also defeated Nvidia in the field of high-end graphics cards."

"The only thing missing is a flagship graphics card, which Xingyi Technology currently lacks."

"Luckily it's a blank. If the flagship graphics card is surpassed again, Nvidia will be in trouble, haha."

"I think that day is coming soon, and it will be very soon."

"Oh, NVIDIA, if you don't speed up, be careful that the Xingyi graphics card will hit your butt!"

“Hahaha, that’s a very vivid description.”

"Xingyi Semiconductor is really powerful. Its mobile phone chips have defeated Qualcomm, Apple, and Samsung, and its CPUs and graphics cards are going to beat Intel and Nvidia."

"Yes. It's really amazing. Xingyi computer is also very good. When I first saw the appearance, I was attracted to it. At first I was worried that it was not practical, but after trying it, I found that it was both beautiful inside and out."

"That's right. People with good taste use the Xingyi Ultrabook. Its appearance design is ten blocks ahead of Asus, HP, and Dell."

"Indeed, many colleagues in our department have given up their ugly and bulky laptops and replaced them with elegant Xingyi Ultrabooks."

"It's true. There are fewer MacBooks in Wall Street coffee shops. Now everyone has a Galaxy Notebook!"

……

As soon as this hot search came out, the share prices of Nvidia and Intel plummeted again.

This made the two giants very angry.

The popularity and sales of Xingyi Technology's series of products have once again skyrocketed.

But Wang Yi no longer paid too much attention to this.

Instead, his attention was focused on the official launch of Xingyi Bank!

In late November, a series of reviews by various departments came to an end.

Xingyi Bank, the country's first Internet bank, has officially passed all reviews and can open for business at any time.

On December 12, Xingyi Bank officially opened for business!
As the first Internet bank in the country, Xingyi Bank received a lot of attention during the review period.

Coupled with the strong backing of Xingyi Technology and the reputation and users accumulated by Changliao, Xingyi Bank immediately gained public support as soon as it went online.

Convenient service and attractive interest rates are all popular among the public.

Apart from anything else, the fact that there is no handling fee for inter-bank transfers and inter-city transfers alone beats most traditional banks.

Nowadays, traditional banks charge fees for inter-bank transfers and for transfers to other locations, which creates a lot of invisible costs for the public.

Xingyi Bank's inter-bank transfers and inter-city transfers with zero fees naturally became the first choice for many customers.

In addition, Changliao Payment has hundreds of millions of users as its base, so Xingyi Bank's development speed is also progressing rapidly.

The various financial management funds launched have been snapped up by the public.

Especially the flexible financial management product Wenlibao, which has low risk, an interest rate of 4.5%-5.5%, and can be deposited and withdrawn at any time. Its interest rate is much higher than that of Changliao's Yu'ebao.

It is several times the interest rate of bank current deposits and twice the interest rate of one-year fixed deposits, so it naturally receives support from the majority of netizens.

Faced with such high interest rates and low risks, if other companies launched this product, the public might have doubts, but there are still many people who continue to deposit money and buy financial products.

For example, those P2P warriors.

Xingyi Bank was launched with the endorsement of Xingyi Technology and after being reviewed and certified by multiple official organizations, it obtained the first online banking license in the country!
With this series of endorsements, most people will believe in Xingyi Bank and Wenlibao.

In addition, Wenlibao is indeed R1 low-risk, with little risk of loss, and with the good reputation of Yu'ebao, it is naturally recognized by the public.

In just one week, Xingyi Bank’s Wenlibao became popular all over the country, and the scale of wealth management expanded rapidly.

In addition, other financial management projects have also received public support.

For example, some people are willing to try medium- and high-risk projects.

Risks and opportunities coexist.

There are also many young people who buy gold and apply for loans at Xingyi Bank...

Zero handling fees and convenient services have become the first choice for young people.

The simplest thing is that other banks require you to queue up offline for two hours to handle the business, but Xingyi Bank can do it online in just one minute!

How do you choose?
Not to mention young people, even the middle-aged and elderly people who can use smartphones support Xingyi Bank.

Under the dimensionality reduction attack, Xingyi Bank's development speed is changing with each passing day.

12 month 8 day.

The first week review meeting was held at the Xingyi Bank headquarters.

Wang Yi attended in person.

Duan Leijun, head of Xingyi Bank, chaired the meeting:
"Chairman, colleagues, Xingyi Bank has achieved outstanding results in just one week since its launch."

"First of all, the number of accounts opened has exceeded 50 in just one week!"

“There are not only a large number of individual users, but also a large number of corporate users and a large number of business users!”

Wang Yi was not surprised by this.

The zero-fee transfer feature alone is something that many corporate users are eager to receive.

It is common for companies to transfer money across banks and locations.

Whether it is a counter transfer or an online banking transfer, the handling fee for each transaction is 5 or 10 yuan.

Don’t underestimate five or ten dollars. However, with so many businesses in a company, how many transfers will be made in a month?

Raw material procurement, salary payment, equipment payment, supplier settlement, platform account sharing, e-commerce refund, advertising revenue sharing, cloud service settlement, overseas settlement...

All of these require transfers. Except for transfers within the same city and within the same bank, which do not require any handling fees, all others require handling fees.

For example, BYD makes tens of thousands of transfers a month. At 10 yuan per transfer, that means hundreds of thousands of yuan in fees, and millions a year.

Even though BYD is a large company, it is impossible for it to take millions of dollars lightly.

This is not realistic.

The emergence of Xingyi Bank has directly reduced this part of the expenditure to zero. How can these companies not be tempted?

Large companies are tempted, and small companies, which care more about spending, are even more tempted.

Merchants from Ele.me, Meituan, and Douyin are also tempted.

As soon as Xingyi Bank appeared, the number of merchants and corporate accounts opened soared rapidly.

Duan Leijun continued: "With more than 20 accounts opened, the deposit scale has also exceeded billion yuan. Of course, this part is mainly corporate deposits, and a small number of personal deposits." "Next, we will promote Xingyi Bank through our own channels such as Douyin, Changliao, and Mayu, as well as other offline channels, to further increase the number of accounts opened and the scale of deposits."

"We strive to open more than 12 million Xingyi Bank accounts and more than 150 billion deposits by December."

Wang Yi nodded: "Okay, this goal is not easy, you should do your best."

These days, the number of new accounts opened by the Big Four banks is only around one million per month.

Xingyi Bank aims to open 150 million accounts in the first month, which is already a very high goal.

"In addition to deposits, the series of wealth management products launched by Xingyi Bank have also been supported by a large number of users. In seven days, our wealth management users increased by more than 20, and the scale of wealth management exceeded 50 billion."

Duan Leijun showed a set of data: "Especially Wenlibao, with its high interest rate and low risk, has become the fastest growing way of financial management!"

If you want to save money regularly for one, two, or even five years, you will get a good interest rate.

However, Wenlibao allows deposits and withdrawals at any time and can earn higher interest rates, so more people are willing to purchase Wenlibao financial products.

"What about loans?" Wang Yi asked.

Internet banks are also banks. They cannot just provide deposits but not loans.

After all, lending is where you make money.

"In terms of loans, we have made plans, which are currently divided into three types."

"The first type is small and micro enterprise loans, which account for 30%-40% of the funds, with an interest rate of 8%-15%. The loans are provided to Douyin merchants, Mayu merchants, and small and micro enterprises in the upstream and downstream supply chains of Xingyi Technology Group to help these enterprises with turnover operations."

Wang Yi nodded, this made sense.

If you don’t support the merchants and supply chain on your platform, who will?
Moreover, Xingyi Technology is fully aware of the financial status of the supply chains of these merchants, so lending and collecting payments are not a problem.

High-quality merchants and supply chains can be given interest rate subsidy support, thus binding them.

"The second type is a development loan with an interest rate of 4%-6%. It is loaned to Xingyi Real Estate. The condition is that 30% of the loan is self-owned funds and the land is mortgaged. It is limited to Xingyi Real Estate!"

The interest rate for development loans is 10%-30% higher than the benchmark interest rate. It can be said to be the best loan path for real estate developers to acquire land, without a doubt.

In theory, due to regulatory restrictions, private banks cannot participate in development loans, even though the policies have not been tightened these days.

Therefore, they can only participate in development loans indirectly through joint loans, trusts, ABS and other channels, but after the tightening of the three bars after 2020, these paths have become difficult.

Currently, only state-owned banks can issue development loans. Xingyi Bank is completely unqualified and does not have the qualifications.

Real estate companies that are eligible for development loans are also subject to strict requirements, including having four complete certificates, more than 30% of their own funds, and sufficient collateral.

And the applicable real estate companies are state-owned enterprises or listed companies!
For Xingyi Real Estate, the requirements of having four complete certificates, own funds, and collateral are not a problem.

But the problem is that Xingyi Real Estate is very special. It is neither a state-owned enterprise nor a listed company.

That's it!
It does not meet the standards for issuing development loans at all and cannot apply for development loans at all, even though Xingyi Real Estate is very strong and excellent, it does not meet the regulations.

In the past two years, Xingyi Technology paid a lot of the money for land acquisition in full, and some of it was operated in disguised ways such as local guarantees and supply chain finance...

These are all very troublesome and cannot be implemented on a large scale, and are far inferior to formal development loans.

But unfortunately, Xingyi Real Estate does not meet the requirements.

If the village wants to develop real estate and the local government needs to sell land, Xingyi Real Estate needs to acquire land like crazy!
This is a vicious cycle.

Xingyi Real Estate does not meet the development loan regulations and cannot obtain a low-cost development loan. Without a low-cost loan, there will not be enough funds to acquire the land!
Xingyi Real Estate has acquired less land, local fiscal revenue is low, and the property market cannot be boosted.

An endless loop!
In order to solve this problem, multiple departments in the village held consultations and finally decided to make special arrangements - giving Xingyi Bank the qualification to issue development loans to Xingyi Real Estate.

This type of targeted distribution is all under the Xingyi Technology Group and will not violate regulations or affect other banks and real estate companies.

As for the internal collusion between Xingyi Bank and Xingyi Real Estate, corruption, and illegal lending...

The villagers are not worried either.

They are all land mortgage loans with sufficient collateral, so there will be no consequences.

Even if something really happens, it is all under the jurisdiction of Xingyi Technology and will be backed up by Xingyi Technology Group.

As for what would happen if the matter became too serious and Xingyi Group could not cover it, the four major banks would be excited!
They are looking forward to the day when they can pay the bottom line and buy a large number of shares of Xingyi Group and become the major shareholder of Xingyi Technology Group!

But Xingyi Technology is developing too well, getting better and better, and getting richer and richer, so there is no chance at all!

This kind of high-tech enterprise is all about technology, and it is world-leading technology. The villagers are not afraid of you lending money, but they are afraid that you will not lend it!
With the qualifications to lend to Xingyi Real Estate, Xingyi Bank issued a development loan to Xingyi Real Estate, which is also perfect.

In the past, Xingyi Real Estate could not apply for development loans directly. It needed to obtain four certificates, pay 30% out of pocket, and then mortgage the land to the four major banks. Only with local guarantees would the four major banks give Xingyi Real Estate a 70% development loan. The loan interest would also increase by at least 15%. The money was taken away by the four major banks, and every time they had to beg the four major banks to approve more funds, which was very troublesome...

But now, with the qualifications, the land is mortgaged to Xingyi Bank, and Xingyi Bank lends money to Xingyi Real Estate. The loan interest is all earned by Xingyi Bank, and it belongs to Xingyi Technology Group, so the profit is rotten in the pot.

Xingyi Bank can also approve more loan quotas for Xingyi Real Estate, and the interest rate can be lower, which is mutually beneficial and a win-win situation.

With the injection of these funds, Xingyi Real Estate has more funds to acquire land and the cost is frighteningly low.

"Third, we plan to launch consumer loans for consumers..."

Wang Yi understood. Huabei, Weilidai, and Jingdong Baitiao are similar to credit cards...

The difference is that, except for credit cards, all others have not appeared yet.

In another two months, in February, JD BaiTiao will be the first to go online.

Subsequently, Huabei and Wechat Loan will also be launched one after another.

If Xingyi Bank does not launch now, it will only be at a disadvantage and will be forced to launch later.

As for Huabei and Baitiao causing consumers to spend ahead of time, affecting their entire lives...

Wang Yi can only say that habits determine destiny, and choices determine destiny.

Even if there is no Xingyi installment, there will still be Huabei, Weilidai, Jingdong Baitiao, Baidu, 360 and a series of installment...

These groups who consume ahead of time will continue to consume ahead of time.

Just because Xingyi Technology does not offer installment payments, they will give up Douyin Mall and choose other platforms such as Taobao and JD.com.

Just because Xingyi Technology does not have installment payment does not mean we will not consume in installments, and we will not stop consuming ahead of time.

To put it bluntly, those who consume ahead of time will always consume ahead of time.

Consumers who are aware of their spending and know how to spend in moderation will always spend in moderation.

It will not change whether Xingyi Bank launches consumer installment payment.

This type of installment payment is essentially a form of credit card.

What is disgusting is the unbridled and limitless inducement, as well as campus loans...

However, Wang Yi will still impose strict restrictions: "Xingyi installment loans are allowed, but they must be strictly categorized and restricted. Minors are prohibited from taking out installment loans, and must be over 18 years old."

"People over 18 years old must also be strictly classified. College students who are unemployed can pay in installments, but they must be strictly classified like credit cards and have their credit limits limited."

"Students without income cannot be treated the same as those who are already working."

"Yes."

Everyone responded one after another.

Wang Yi continued, "As for mortgage loans, Xingyi Bank is also not qualified due to regulatory restrictions, but we can promote renovation loans and supply chain finance. Now the shops and apartments developed by Xingyi Real Estate can be renovated directly through Xingyi Bank's renovation loans."

"Of course, if you buy a house from other real estate developers, you can also apply for renovation loans and supply chain loans from Xingyi Bank. These can all be promoted."

Duan Leijun's eyes lit up: "Okay, especially our Xingyi Intelligent Business Department, which has undertaken a lot of smart home customization, which can all be included in the renovation loan."

in business.

Since we are a bank, we have to promote all businesses that can provide loans, otherwise we will not be able to make money!

When users deposit money, Xingyi Bank has to pay interest, which means it suffers a loss.

Only by lending out the money deposited by users at a higher interest rate can we recoup our investment and make a profit!

"Chairman, I suggest that we separate a part of the intelligent department and directly expand it into the Xingyi Decoration Division to also do the fine decoration business."

Song Si Ning spoke.

"Okay." Wang Yi responded directly:
"We already have a decoration division, but it is currently mainly used internally. For example, the commercial complexes, science and technology parks, industrial parks, stores and shops developed by Xingyi Real Estate are all promoted by our own decoration division."

"It's just right to go independent now, integrate resources, and become the Xingyi Decoration Division."

"Next, Xingyi Real Estate will develop and deliver a large number of houses, many of which are finely decorated, all of which are smart home fine decoration, and can be handed over to Xingyi Decoration."

(End of this chapter)