Just as Ma Zhaomin was waiting anxiously, the provincial party committee room was filled with leaders from various departments. The small door of the conference room connected to the president was opened, and the president in a decent suit walked out with a serious face.

However, he was not the only one who came out of the small door. The leaders of the departments present were stunned, and behind the president was the director of the Provincial Foreign Exchange Administration.

Although the two companies are very close, so close that they can work together, it can be said that the same team has two signs. However, Director Li of the State Administration of Foreign Exchange will not easily stand in President Bai's office. These small details of office politics are the unspoken rules that everyone has tacitly agreed.

After all, everyone is just a joint office. The president of the People's Bank of China can manage the director of the State Administration of Foreign Exchange. However, the president of the People's Bank of Bohai Province may not be the boss of the director of the Provincial Administration of Foreign Exchange.

Of course, Director Li usually wants to give President Bai some face, but his business is perpendicular to the State Administration of Foreign Exchange.

If you want to compare, the relationship between Director Li and President Bai is actually somewhat related to the relationship between the municipal party secretary and the mayor. The municipal party secretary is of course older than the mayor, but the secretary is not easy to interfere in the affairs of the mayor's work.

In other words, in the business of the State Administration of Foreign Exchange, President Bai mainly plays a coordinating role. Director Li will respect President Bai, and President Bai will not easily reach out to the State Administration of Foreign Exchange. Only when the Provincial People's Bank of China business needs it will he exert his influence.

"Director Li, please sit down, everyone will sit down."

Zhang Zhang Bai is an elegant man in his fifties. He has no wrinkles on his face and his hair is meticulously combed. He is spotlessly wiped on his glasses and his beard is shaved cleanly on his chin.

In short, this is a man who has very high requirements for his own image and details.

Director Li took the lead and sat down next to President Bai, and the leaders of various departments below then sat down. President Bai glanced around and checked the number of people attending.

Very good. At this time, all the subordinates in the business were already here. He nodded slightly, sat down and opened the folder in his hand and said, "The meeting is now, and this emergency meeting is held today, mainly to talk about an important issue."

As President Bai said, he handed a document to Director Li and said, "There is a document here. Let's talk about it briefly. I will briefly talk about the contents of the document. The main thing is that Fanhan Group, a well-known company in our province, sold the shares of Netscape Company in the United States. This transaction has been completed. The total value of 2 billion US dollars in cash and the transaction volume of 20 million US online shares of the stock market is now 1.3 billion US dollars to be transferred to China..."

When President Bai talks on top, the people below dare not whisper. President Bai himself is from an old intellectual family and the first batch of college students after the resumption of the college entrance examination. He cares very much about discipline and the relationship between superiors and subordinates. He does not speak and allows free discussion. If anyone speaks a little, the lightest scolds him, and the heavy may even be adjusted.

Of course, there are policies above and countermeasures below. "The Chinese people dare not speak, but the road is based on their eyes." If they cannot speak a few words, they will naturally evolve the ability to communicate with their eyes.

But in today's venue, everyone's eyes were straight and blank. If you want to communicate with your eyes, everyone was just sending a signal - is this really something that the Chinese did?

President Bai would not say that when he learned the news, he was surprised that the tea sprayed his shirt. Everyone knows that Fanhan Group is also considered a star enterprise in the province.

But what kind of company is Netscape? 25% of the stocks are worth US$2 billion. The acquirer also needs to exchange shares! No one here knows that this is just the number of shares left after Fanhan Group completed the acquisition of Nikon lithography machine production line. After holding shares for more than a year, Zhou Shuo earned at least US$3.5 billion in Netscape.

In the impression of these elites in the Chinese financial industry, foreigners have always come to China to invest, but Fanhan Group has such a large asset in the United States! It will be sold as soon as it is sold. It is not surprising that the investment is cashed out. It is just considered that he is lucky. But at one time, it is US$1.3 billion worth of foreign exchange worth more than RMB 11.1 billion!

I dare not say whether it is the largest single foreign exchange investment in China, but it is definitely a record in Bohai Province. Maybe the largest single foreign exchange investment of the year can be obtained. Moreover, it is estimated that this record will never be broken in a short period of time.

"Okay, this is the situation we have at present." After President Bai said that, he looked at Director Li beside him and nodded, "Director Li, the management of this money must be the responsibility of the Provincial Foreign Exchange Administration. You should talk about the following situation."

Director Li's face froze and he smiled bitterly. President Bai is really old and stingy. This is to make the favors of saving people. He really doesn't want to take advantage of any advantage.

"Ahem." Director Li pretended to clear his throat and said, "1.3 billion US dollars is a huge sum. Comrades, the 4% of GDP in the province last year was only so much, which was half of the tax revenue of our province last year! Moreover, the value of US dollar foreign exchange cannot be measured in RMB. It is not an exaggeration to say that this will promote the economic development of our province."

Director Li is not simple either. His words are clearly unwilling to take responsibility for the whole family. He said with a high sound that this is for the economic development of Bohai Province and for the overall situation! So my next request, don’t treat it as my favor of the Foreign Exchange Administration’s own favor...

"Now Fanhan Group has put forward some special requirements on how to use this 1.3 billion foreign exchange investment. All of them are leaders of various departments of the Provincial People's Bank of China. Let's brainstorm to see if this matter can be done."

"Fanhan Group proposed that the 1.3 billion foreign exchange can be placed in the account of the State Administration of Foreign Exchange, but it must be loaned 11.18 billion yuan based on the foreign exchange price. The initial intention of this money is to lend it to the Xiucheng Commercial Bank that is preparing to be established for management."

When Director Li said this, almost everyone was so surprised that he couldn't stop talking. What was the situation? The huge deposit of 11.18 billion yuan was placed in a small city commercial bank? This is not a joke, it should be placed in the four major state-owned banks!

Just as everyone was surprised and puzzled, Director Li continued: "Of course, considering that the amount of the funds is large and the level of the city commercial bank is relatively low, Fanhan Group hopes to invest in the acquisition of 30% of the shares of Xiucheng Commercial Bank. This requirement is not inconsistent with the national requirement to reform the urban credit cooperative, but at present, I don't know what the preparatory team of Xiucheng Commercial Bank is."

"Director Wang, you are the Director of the Money and Credit Department. Can you speak from your perspective?" Director Li finally looked at Director Wang of the Credit Department sitting diagonally opposite him.

Director Wang is the person Ma Zhaomin bumped into the credit office. He lowered his head and thought for a while, nodded and said, "According to what we know at present, the bad debts of Xiucheng Credit Union are relatively high, and its own asset size should be between 50 million and 80 million. If you want to successfully reorganize, you have to invest at least 50 million more capital. Now I have not received the information sent by the Preparatory Team of Xiucheng Commercial Bank, so I cannot tell whether they have introduced other investments."

"So, if Xiuchengcheng Commercial Bank wants to be established, is it necessary to introduce external investment?" Director Li's eyes lit up and he asked quickly.

"Not necessarily. Maybe Xiucheng City Government will make up for this deficit, or it is hard to say if a state-owned enterprise agrees to invest..."

Director Li waved his hand and said regardless of it: "In short, the investment requirement of Fanhan Group is completely reasonable, right?"

Director Wang hesitated for a moment, and finally nodded and said, "Yes."

Director Li sighed and asked the Director of the Legal Affairs Department opposite him: "Director Mao, is this condition proposed by Fanhan Group in legal policies in accordance with the requirements?"

Director Mao did not hesitate at all and nodded happily: "The restructuring of urban commercial banks is the pioneer of bank reform formulated by the State Council. If Fanhan Group is foreign-funded, it may not be enough, but it is a pure domestic enterprise, there is no problem. Introducing private capital is also an idea for urban commercial banks to encourage the reform."

"Okay, okay!" Director Li nodded excitedly, and then looked at Director Hong of the Financial Stability Department below: "Director Hong, what is your financial stability department in this matter?"

...

Director Li asked the leaders of the attending department one by one. Apart from the opinions of the preparatory team of Xiucheng City Commercial Bank, it can be said that everything is ready and there is only the east wind. Thinking of this, he felt as if he had already put a huge sum of US$1.3 billion in his hands. He has never been so generous in the Bohai Provincial Foreign Exchange Administration? With such a performance at the bottom, this year's assessment must be much easier.

"Oh, comrade, wake up, wake up!"

Ma Zhaomin felt someone pushing his arm and crawled out of his dream reluctantly. He saw clearly the person in front of him with a sleepy eyes. Isn’t this the half-sleeved young man at the door of the Credit Office?

"Ah?" Ma Zhaomin quickly wiped the drool that flowed out of his mouth with his hands, and asked nervously: "Comrade, is your director of the Credit Department back?"

The young man with a half-sleeved finger pointed to the empty office and said embarrassedly: "Our director should be still in the meeting, but we have already gotten off work here. If you have something to do, come back tomorrow."

"Ming...day?" Ma Zhaomin felt a sense of evil fire in his heart and said angrily: "I've been waiting for an afternoon. Now tell me to come back tomorrow! You're cheating!"

"We have nothing to do about this. Only the director can criticize your affairs!" said the young man with aggrieved aggrievedly.

"Then find your director! Why is it so difficult to do something with you?" Ma Zhaomin pulled his sleeve and shouted loudly.
Chapter completed!