After Divorce, I Can Hear the Future

Chapter 713: Fintech



The two of them arrived half an hour before Li Bing, but as some matters were still unfinished, Li Bing came to visit.

In the past few days, Li Bing has been particularly diligent with his visits. As soon as he arches his tail, Lu Liang knows what he wants to do and has already thought of ways to deal with it.

So, he lets the two of them step aside first,

As the conversation with Li Bing should end quickly.

"Wanda also wants to take a stake," Little Wang hurriedly said.

After investing in NIO and Li Xiang, years later, Lu Liang has once again become a co-founder of a startup company.

Just this hype alone is enough to boost the valuation of Kunpeng Quick Charge, with its 300 million yuan registered capital, by tenfold.

Last year, Wanda suffered a double whammy with stocks and bonds, took a year off, sold off assets, and finally turned around.

Now Wanda Group urgently needs some good news to re-stimulate the market and win back investor confidence.

Lu Liang didn't immediately give an answer; instead, he turned to Meng Changkun and asked, "What do you think?"

He has a clear understanding of his role, that of an endorser and mascot who stands out at the right time to rally support.

Lu Liang hopes Little Wang also understands his position; Kunpeng Quick Charge is mainly a company led by Meng Changkun.

Meng Changkun was pleased, feeling respected, and after pondering for a moment, he replied, "Kunpeng Quick Charge can introduce Wanda. Although Wanda suffered heavily last year, its influence didn't diminish much. But it's better to connect with Wanda Property."

Although Wanda Property is a subsidiary of Wanda Group, it is an independently operated company, not under the same management as Wanda Real Estate or Wanda Square.

Established and large-scale groups have a common problem: it is harder for departments or subsidiaries within the group to cooperate than it is to collaborate with outsiders.

Procedures are exceptionally cumbersome, and processes take unusually long. They claim it's to avoid conflicts of interest, but in reality, it's just passing the buck.

Especially since it's a property company, a single community or mall can be a subsidiary of a subsidiary.

If Wanda Group directly invests, the property company might underperform.

This is because after the group's investment, the money goes to the group's account, and then is distributed to the property company.

While the property company earns money, they have to hand it over to the group, but first-hand finances offer more room for manipulation than second-hand ones do.

For example, when you've made money, should you distribute bonuses? Raise salaries? Add new equipment? Increase manpower? These are all sources of profit and power.

Only when the property company is sufficiently compensated will they remit their remaining profits to the group at a certain percentage.

If Wanda Group takes shares and then has to instruct the property company to cooperate with them, adding an extra layer to the process, it's better to let the property take shares instead.

The current charging station industry is like the early days of shared bicycles, with a rapidly increasing market and brands springing up like mushrooms after a rain.

The quicker you act, the better position you can secure, and the more market you can capture. Meng Changkun doesn't want to waste time on meaningless procedures.

Old Meng's well-founded analysis of pros and cons made Lu Liang smile. He turned to Little Wang and asked, "Did you learn it?"

Little Wang turned his head to the side, showing dissatisfaction, but he walked over to make a call to Old Wang, conveying Meng Changkun's thoughts. <subtex>.</subtex>

After a while, he came back and said, "Just let Wanda Property take shares directly, Old Meng, you can negotiate with them."

Meng Changkun nodded with a smile and asked Lu Liang if there was anything to add, to which Lu Liang shook his head: "Handle it yourself, don't worry about me, I'm quite busy lately."

He pursed his lips and looked at the invitation on the table. The Bund Financial Summit will be held tomorrow.

Spanning three days, with a total of 31 topics, six closed-door seminars, and two public discussion sessions.

Lu Liang was invited to participate in two closed meetings, namely the Sci-Tech Innovation Board Research Group and the Adjustment of Growth Enterprise Market's Limit of Gains and Losses Discussion Group.

Just by the names of these topics, it's clear that breaking the 10% cap on gains and losses is likely already set, but whether the Sci-Tech Innovation Board should be established still needs discussion.

"As if someone wasn't invited."

Little Wang said smugly, indicating he was also an invitee of the Fintech Public Conference.

Previously, he would never have imagined being invited to such a gathering of top executives.

Although the invitation came quite late, unlike Lu Liang, who received it months ago, it feels like a last-minute decision to include him.

But at least he was invited, which shows that, in the minds of the organizers, Mr. Wang is also one of the players in the fintech field.

"Lending is lending, and they call it fintech. They really know how to name it."

Lu Liang's face was full of disdain. Although his first venture capital, which made him rich, was funded by online loans, credit cards, and home loans, it doesn't stop him from despising it.

A few years ago, if someone asked what was the ultimate end of technology, the answers might vary widely.

But now, the question already has a definite answer: the end of technology is lending.

Nowadays, any company with a hint of internet presence, even just an app, has opened lending functions or auxiliary lending functions.

Nicely termed as fintech.

This concept was proposed by Old Ma five years ago.

Undeniably, the birth of Ant Financial helped many small and micro enterprises, even medium-sized ones in China, pulling them back from the brink of bankruptcy.

After all, for small and micro enterprises, even loans of 100,000 or 500,000 could solve their urgent needs.

Before the birth of Ant Financial, they could only seek help from banks, whose notorious conduct is well known giving umbrellas on sunny days and taking them back on rainy ones.

They'd prefer to lend ten billion to those with a debt ratio of 100%, 200%, or even more.

They would never lend a hundred thousand to small and micro enterprises; Ant Financial's emergence solved this problem.

But Old Ma shouldn't have been hypocritical, constantly touting this as fintech or a groundbreaking invention.

Relying on his own influence, he pried open a gap in the imperfect laws, allowing a large amount of hot money to rush in all at once.

This led to teenagers with no self-control bearing a pile of debt at a young age, and it spawned derivatives such as naked loans, campus loans, and violent collections.

Although there's a saying that a slap doesn't make a sound, a slap on someone does produce a sound, and quite a crisp one at that.

Lu Liang glanced at Little Wang, a playful smile on his lips: "Do you think being invited is a good thing?"

With the financial summit around the corner and receiving increasingly detailed information, he vaguely guessed why Little Wang was invited to the conference.

For those of them who were invited at the last minute, the fintech public conference seemed more like a Hongmen Banquet waiting to interrogate them.

"Could it be a bad thing?" Little Wang wondered.

Panda Interactive Entertainment set up a loan department to follow the trend; after all, if others are doing it, there's no reason for them not to.

But it must be said, money indeed comes fast, and he finally experienced Zhou Hongwei's joy.

No wonder 360 was so rich back in the day; they had been deeply cultivating the fintech field from early on.

Lu Liang revealed half and concealed half, deliberately teasing, and smiled: "You'll know tomorrow if it's a blessing or disaster you can't avoid."

"Damn it, say it or don't." Little Wang was exasperated.

Having known Lu Liang for a few years, he understood Lu's character and knew that if Lu didn't want to reveal something, begging wouldn't work, so he might as well play it cool.

If it indeed turned out to be a Hongmen Banquet, he'd simply follow others' actions. If the sky falls, someone taller will hold it up; he's there just to make up the numbers.

Meng Changkun suddenly coughed a few times, looking aggrieved: "Please, you two, notice there's someone else here who wasn't invited."

In recent years, with the lending industry flourishing so much, he naturally couldn't be absent and also invested in a few companies.

However, the companies he invested in are somewhat shady, so he didn't use his or the company's name.

"Sorry, sorry."

Lu Liang and Little Wang exchanged glances and smiled.

The three of them delved into discussions about the charging station project until the early hours.


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