Chapter 354: Social Evils

Translator: Nyoi-Bo Studio  Editor: Nyoi-Bo Studio

Young Master Wang was thinking about making new friends, but he did not take the initiative to make that happen.

His smile was friendly and amiable, but his attitude was very reserved.

As the saying goes, wives were inferior to concubines; concubines were inferior to stealing, and stealing was inferior to not stealing..

Humans were bad sometimes.

“Chu Xing is a senior, and I am terrified by how much you love him.”

Shen Yan changed his tone, and Young Master Wang only responded with one sentence.

It was neither salty nor insipid, and it was also a bit literal. His attitude was not friendly, and he put on airs with Young Master Wang, but he was not lacking in etiquette.

Chu Hong’s attitude was still as warm as ever, and even more so.

Although Young Master Wang was severely lacking in social experience, his grasp of human nature was too precise. He directly pierced Chu Hong’s weak spot.

To the elites in the financial system, the first two faces of different people were just the most basic professional accomplishments.

If you were rich, then you were closer to him than your biological father. Serving tea, massaging your shoulders, massaging your shoulders, massaging your legs, and massaging your back was nothing to him.

If you didn’t have money, you wouldn’t even look at him.

This was the reality of the industry that dealt with money on a daily basis.

Therefore, the more Wang Yan put on airs, the more active Chu Hong would be.

Difficult to handle!

The more difficult the client, the more loyal they would be after handling it, and they wouldn’t change their allegiance easily.

Young Masters were all arrogant, unlike the grassroots nouveau riche who would haggle over every penny and be a mother with milk?!

The people’s livelihood wasn’t like the four major industries. Their strength and abilities were far apart, and what they played was service.

Chu Hong had a very clear view of his own bank’s position, so he was even more willing to lower his face. If it was a universe bank’s vice president of the same level here, he probably wouldn’t be so licentious.

Was he cold and aloof?

The universe was even more cold and aloof!

…

“Young Master Wang, it’s better to meet by chance than to invite you. Today is truly a rare occasion. I’ve already made a deal with you. When you find some time later, make a trip to my place and I’ll give you a gift to make up for it!”

Chu Hong’s licking skills were truly exceptional. Even though Wang Yan didn’t lack anything, he was still very curious because of this.

“You’re too polite. What gift is it? Why is it so mysterious?”

“Actually, it’s not worth mentioning to you, but I believe that you will definitely come in handy sometime.”

Chu Hong kept him in suspense again before giving an explanation.

“Our People’s livelihood is introducing a new Infinite card this year. It’s our bank’s highest-level credit card. The target is ICBC’s centurion black card. The more famous one overseas is called Yuntong Centurion.

“Of course, our strength can’t be compared to Yuntong’s. The new card isn’t that strong internationally, but it’s still relatively new in China. The rights and benefits are very good.”

“Oh?”

Director Wang’s interest was immediately reduced. He only cooperated and showed a hint of curiosity.

“What a joke. Do I need to use a credit card?”

“Your so-called rights and benefits aren’t even enough for me to catch my breath. Are you kidding me?”

Chu Hong really couldn’t imagine how perverted the youth in front of him was. He was still excitedly explaining things.

“24-hour exclusive customer service and the like are the most basic rights and benefits.”

“In addition, there’s a beautiful SPA, two dental washes, physical examinations, 48 shuttle trips, and 8 golf trips. The upgraded memberships are quite expensive.”

“In the words of those card experts, our Infinite card is a blood-returning artifact, and our rights and benefits are worth a lot.”

Most importantly, our card is extremely good-looking. It is plated with titanium metal. It is thick and stylish. It can even emboss your signature.

“Think about it. When we are having a meal, everyone will take out their cards to pay. When others take out their cards, they will all be plastic cards. When you take out your cards, you will directly suppress the entire place. Isn’t that extra dignified?”

There was a lot of babbling. Only the last sentence was a little interesting.

To Young Master Wang, being handsome was the most important. The rest could be put aside.

However, as an economics student, Wang Yan still had a learning attitude and asked one more question.

“The benefits you mentioned are good. What you mean is that the original consumption of those benefits is enough to cover the annual fee of the credit card, right? Then, didn’t your bank suffer a loss?”

Chu Hong was happy that Wang Yan was willing to continue the conversation, so he patiently explained.

“We won’t lose money, but you definitely earned it.

The annual fee for a private custom-made unlimited card is between 36,000 to 100,000, giving you the highest level of benefits and related total consumption. If you were to buy it all on your own, it would probably cost around 200,000.

Of course, you definitely don’t care about the 100,000 difference. Let’s just talk about using the card.

“If you have a $2 million consumption, use our card, the longest is 50 days of interest-free period, you should immediately spend the $2 million cash, to buy some of our financial products. Daily interest of a few parts per 10,000 there are many, take your pick.”

“50 days time, interest on your net income of more than 15,000, repayment, there is no cost, and a large sum of accumulated points, converted to about 6000.”

“Take your company’s fixed expenses in terms of official payments as an example. If you pay 10 million a month, if you use credit cards from all walks of life, you will save more than 70,000 a month!”

A year was about 1 million, which was equivalent to a new car, or not paying a single cent to raise a female college student.

As a result, the company would have to settle the salary and reward for the anchor every month. In the future, it might become an astronomical figure.

“If you have the ability to let the platform settle the payment for you half a month earlier, and at the same time settle the payment for the streamer half a month later, how much interest margin can you generate in a month’s time?”

“Isn’t this how money is made?”

F*ck!

Wang Yan didn’t care about that bit of money itself, but this line of thinking was really enlightening.

It was as if a new door had been opened.

The monetary knowledge that he had learned in the past slowly flowed in his mind, converging into a river and accumulating into a lake. It made Wang Yan feel enlightened.

How did those large-scale supermarket chains with low or even negative profits survive and even live well?

They relied on cash flow!

As long as there was cash, it was simply too easy to be flashy!

In fact, Wangting Entertainment was born to be a heavy cash flow company.

Assuming that in the future, the company would train 200 to 300 upper-level streamers, corresponding to about 50 platforms.

On a small platform, an upper-level streamer would be around 300,000 to 500,000 monthly streamers, while on a large platform, it could reach 2,000,000. On average, even if each person had 1,000,000 monthly streamers.

How much money was that?

That was 200,000 to 300,000,000!

The market volume was not that big. It was impossible to support so many big streamers?

Yes, the current market was indeed not that big. Let’s not talk about the growth of the market in the future. Let’s just talk about now .

Wang Yan could be forcefully supported by private officials!

The previous situation was that young master Wang could spend 5,000,000 and return around 85% .

What about in the future?

As Wangting Entertainment’s strength increased, it was enough to forcefully suppress the platform and get the best percentage of the profits.

Panda TV, which was currently in negotiations, gave extremely generous conditions that were close to the top.

After that, every month, it would charge 100 million, 200 million, or even 300 to 500 million. It would open all kinds of accounts on 50 platforms and return 95% of the profits without any problem!

He could even swipe 1 million and return 1 million. It wouldn’t be a problem for the platform to only earn a little excitement!

On this basis, the flow of Wangting Entertainment would also be very scary. As long as he could achieve a 1% monthly profit, it would be a huge profit!

The more Wang Yan thought about it, the more excited he became.

Damn it, other people would lose money even if they washed their horses and milk. How could it be possible for him to make a huge profit here?

The young master is indeed not short of money, but was it good to throw the clean money into charity and spend it on drop-outs?

Of course, to make a profit, there were still two prerequisites.

First, tax-free policy.

Second, a large amount of interest-free loans.

On the tax side, Wang Yan did not plan to take advantage of the situation.

He would pay as much as he should according to the normal payment schedule. He would even use his own private money to subsidize the state.

The windfall that he had earned could contribute to the state and society. Wang Yan would feel more at ease spending it.

As for the large amount of interest-free loans..

One unlimited card might not be enough…

But it did not matter. There were plenty of banks in the country. Each bank had one card. I could f*cking kill you all!

What if the live broadcast platforms don’t cooperate?

It doesn’t matter. Set up another overseas fund, open dozens of shell companies, and buy dozens of small platforms. They don’t belong to each other, and they run their own businesses.

I don’t want you to make money. Make ends meet. Just pay the employees’ salaries and pay the sales tax for utilities.

The winners and losers between platforms. The employees are the same.

The good platform that will win in the end will have to develop and go public.

The good employees that will win in the end will be promoted step by step and become the core team of the group!

Two to three years later, when your historical mission is completed, I will also have an elite team in my hands and complete the substantive rule of the entire live streaming industry!

The live streaming industry is indeed not big, but there are many, many things that can be done…

The moment Wang Yan made up his mind, an unprecedented magic shadow that covered the entire live streaming industry like an iron curtain began to gather.

The Great Demon King?

That was incestuous!

…

The so-called structure did not lie in the size of the industry, but in the perspective of the problem.

From a high vantage point, one could use the advantageous side of the industry and use it to the extreme. If one did not sink deep into it and struggle for it, that would be the structure.

Inspired by Chu Hong, Wang Yan completed the overall layout of the live streaming industry in an instant. The strategic plan was clear and clear, and he courageously advanced, not fighting for the gains and losses of one place at a time. His leadership aura was just beginning to take shape, and his heart was clear, and his vision went up another level.

The slight change in his mentality was reflected in his temperament and attitude, which made Wang Yan’s performance more relaxed and leisurely, as if he was in control of the overall situation.

He Miaomiao was like a goddess. She noticed such a small change at the first moment.

She sized up Wang Yan sensitively and then looked at him suspiciously. She was screaming crazily in her heart: What’s going on? He suddenly looks like my father!

Doggie, what are you doing this time? !

Wang Yan ignored He Miaomiao. She did not have the time to guess her thoughts. If she had the time, she might as well do something serious.

He asked Chu Hong with great interest, “Chu Hong, it sounds interesting, but what about the quota? It’s just a small sum of over a million dollars. There’s really no need to go through all that trouble.”

These words were extremely arrogant, but Chu Hong acknowledged them.

He subconsciously glanced at miss he, and the dignified Chu Hong swallowed his saliva.

Don’t misunderstand. It was not because of her celestial-like appearance, but because he recognized miss he’s watch and earring.

She simply estimated the price in her heart. D*mn, 15 million won’t stop her!

The appearance of Vacheron Constantin’s Master of Art S12g-9479 was too easy to recognize. It had a woven pattern and close to 200 top-grade diamonds. Once it was born this year, countless socialites and noblewomen fell in love with it.

The price was… 950,000 euros.

His female companion’s wealth was already so shocking. What kind of strength was Wang Yundi? !

He was definitely more terrifying than the rumors!

Secretly gritting his teeth, Chu Hong said with a smile, “I’ll directly approve the three million quota for you. I don’t need to trouble you with anything! If it’s any higher, I don’t have the authority to do so. In that case, I can only trouble you to cooperate…”

“I appreciate your kindness. I’m a straightforward person. There’s no point in telling you the truth.”

Wang Yan shook his head without batting an eyelid. He did not seem regretful nor did he show any interest.

Then, he changed the topic.

“Recently, I’ve been preparing to bid for two floors of Shanghai’s office buildings. I just happen to have a question for you.”

Chu Hong was a little anxious, but he was experienced. He knew that he could not be too hasty, so he was still able to remain calm.

“Feel free to speak. It’s my honor to be able to give you some professional opinions and suggestions!”

“Thank you very much. I’m lacking some suggestions.”

Wang Yan nodded and said slowly, “That’s an auction item from a two-story court judicial auction. The appraisal value is 480 million and the auction price is 320 million. It’s located at…”

“I’d like to ask, how does your Bank pay for such an asset appraisal?

“If I want to use those two floors to inject Wangting Entertainment, how do I get the value?”

“In the future, if Wangting Entertainment wants to use its assets to borrow money to expand its business, how much cash would it be able to lend?

“As the saying goes, if you listen to it at the same time, you’ll understand. I really want to know what the people’s livelihood thinks of such a project.”

Chu Hong was stunned, and a fiery light quickly lit up in his eyes.

Wangting Yule wanted to borrow money?!

The bait that Young Master Wang threw was effective.

The intermediary business of the domestic commercial banks was not considered developed. Loans were the lifeline of the banks. To put it simply, the ultimate purpose of the domestic banks to attract deposits was to lend them all out.

Of course, they had to lend to trustworthy people and enterprises.

Therefore, the actual situation was always particularly laughable

The more qualified and rich the big enterprises were, the more the banks wanted to borrow from them.

And the small and small enterprises that were really short of money could not get too many loans.

Wangting Entertainment was considered a small and small enterprise, but it was a special company with extremely good qualifications.

It didn’t have any debts, and the monthly flow of money exploded. Its cash flow was tens of millions, and it would soon have a net asset of 500 million!

The office buildings in Pudong’s core circle were used as mortgage loans, so there was almost no risk.

The increase might not be much, but the drop couldn’t go down, so it was very stable.

Chu Hong was excited and immediately began to think: How can I take down Wang Yan?

Do what he wants?

Ai Jialiang had never said that Wang Yan was good..

After pondering for a long time, his expression was very serious. It was as if he was thinking about Wang Yan’s question. It was a very serious question.

In fact, such a simple question did not require a brain. It could be answered by placing one’s toes on the ground.

After almost acting it out, Chu Hong finally opened his mouth carefully.

“Under normal circumstances, we will use the data of the designated third party to evaluate the company. Together with the opinions of the internal credit department, we will make a comprehensive confirmation of the credit line.

“At the moment, I am not sure where the evaluation report for your office building came from, but in my experience, a valuation of 480 million is not a big problem. Haiguang building is definitely worth that price.

“The office rental and sale season will start after next year. At that time, you can make another evaluation, and it may even be more than 520 million.”

“If you need, I will help you intervene. 600 million is not a problem..

We give you credit at a maximum discount of 70% . We can give you a maximum of 350 to 400 million in mortgage loans.

On the other hand, your company’s overall market value and profit margin will affect the interest rate of the loans.

Your Company has not been listed yet. The normal market value statistics are based on the price-to-earnings ratio or the price-to-book ratio. Your Company’s current price-to-earnings ratio is very good. However, since you are injecting heavy assets immediately, it is better to calculate it based on the price-to-book ratio.

It’s usually double the valuation of net assets. In other words, your company can be called a large company with a market value of 1 billion!

The current benchmark interest rate for loans is 6% for five years or less, and 5.6% for one year. With your conditions, the interest rate has to be lowered by at least 20% to be considered sincere!

“I think there will be many peers fighting for it.”

Oh?!

The bank’s benchmark interest rate could still be lowered? !

Young Master Wang was shocked.

No matter how many books he read, no matter how much theoretical knowledge he grasped, he would still not understand the reality of society without experiencing things.

The grassroots certainly would not be able to enjoy that kind of treatment, but to large enterprises, connections, and potential stocks, what was a lowered interest rate?

Chu Hong could not find any expression on Wang Yan’s face. He was afraid that young master would not be satisfied, and he was trying his best to suppress the bad feeling in his heart.

‘young master Wang is young and has a lot of firepower. He brings pretty girls everywhere he goes. Maybe it will work wonders when he releases the flowers later?’

Of course not. Our young master is not that kind of Wang.

The upright Wang leisurely smiled and waved his hand. “Chu Xing, you flatter me. Our Wangting Entertainment was just a small company. Buying two floors is my personal wish to give the employees a sense of belonging and stabilize the morale of the army.

“When I inject a billion dollars into the company, I’ll be too embarrassed to pretend that I’m a large company…”

The name was modest, but in reality, it was a show of wealth.

In terms of pretense, Wang Yan was definitely a master.

Chu Hong’s heart was extremely warm. He was biting the hook so hard that he wanted to jump up the fishing line.

It was still the same saying: Human could be evil sometimes.

The more indifferent Wang Yan was to the loan, the more Chu Hong wanted to lend it to him.

In fact, it was not because a vice president was easy to fool. If it was someone else acting for Chu Hong, they would only receive two sneers and a derisive laugh!

Wang Yan was different.

Chu Hong’s opinion of young master Wang was that his strength was unfathomable.

If a normal person were to judge the whole matter, they would think that young master Wang did not lack money.

If he really lacked money, he might as well not buy those two floors. If he directly invested the 320 million into Wangting Entertainment, how much could he do?

Would it be worth it to buy the building with cash first and then take out a f*cking loan?

Was he crazy?!

Only people who were extremely rich would invest heavily in the headquarters of an entertainment company at the start of its development.

It was not a necessary production equipment. Renting a building did not affect business at all. If they were not rich, who would f*cking mess around with that thing!

Any person with normal intelligence would make the same judgment.

Who would have thought that Wang Yan actually had nothing and lacked money. All he could hope for was for the two-story office building to produce food?

Thus, Chu Hong was not cheated unjustly.

At this moment, the head of the bank was already considering to what extent he had to relax the conditions in order to “cajole” Wang Yan into opening a basic account and making a loan.

Sigh, it was hard to ask for help…

If you couldn’t bear to part with your wife, you wouldn’t be able to trick a hoodlum. Fine, give me some benefits!

“Young Master Wang, we can talk about other things slowly. You have to accept the greeting gift!”

“If you don’t like the amount of the card being too small, then let’s do it this way. When you get your two-story office building, you can come over to my place and make an asset certificate. The procedure is very simple and I guarantee that it won’t take up any of your time!

“Then, I’ll help you apply for a super large personal credit card. I’ll make the card up to 20 million or more. That should be enough pocket money, right?”

Chu Hong looked sincere, but he was secretly sneering in his heart.

If you really do a credit card at our house, then it won’t be up to you whether you want to take out a loan or not!

Playing tricks with me, Young Master, you’re still young!

What could Wang Yan do with such hospitality?

He could only reluctantly give him face!

“Alright, Chu Xing, you’ve put on so many hats for me, but you won’t agree to anything. It seems like I’m particularly ungrateful…”

“Then, thanks to you, I’ll get a credit card to play with…”

Sigh! I’ve already told you in advance. This will only happen once, and it won’t happen again!

“I hate owing favors the most in my life…”

Young Master Wang smiled bitterly, shook his head, and sighed. He was like a young, successful second generation who couldn’t get down from his pride.

Chu Hong was extremely pleased with himself and laughed out loud.

“Young Master Wang, don’t joke around! Why are you the one who owes me a favor? It’s obvious that I, Old Chu, have brought in another top-notch customer and made a great contribution to the new card business!

“Without further Ado, you must give me a chance later to thank you properly!”

The best actor, Wang, was full of drama. He nodded with a faint smile. “Alright, I’m in a bad mood for having so many expensive credit cards for no reason! Next time, if there’s an opportunity, I’ll rip you off. Don’t complain, let’s talk about making Friends Again!”

“Alright! A Gentleman’s word is a promise!”

Chu Hong was overjoyed. He felt that his relationship with young master Wang had finally made substantial progress, and he was extremely happy.

He Miaomiao looked at the overjoyed Chu Hong with pity and silently rolled her eyes.

That’s an Idiot!

Although she did not know where the trap was, if the dog did not trap you, this princess would take the dog’s surname from now on!

“My father always tells me about how society is evil and people’s hearts are unpredictable. How is it evil? Each and every one of them is like a retard, and Gouzi is the most evil!”

Eh?!

Gouzi was so sinister and cunning.

All of a sudden, the young lady finally realized that something wasn’t quite right.

…

There’s a competition going on now. You all can vote for me.

In addition, there are still some spaces for our group. The code was 873682125.

Source: Webnovel.com, updated by NovelKeep