Chapter 432

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Protagonist:

Chen Yi

6:00 AM.

Four heavy trucks, under the protection of police cars, silently drove into the Jiangning Bank Headquarters Rear Building; the road directly in front of the bank had also been cleared, and parked there were rows upon rows of martial arts hall buses, police cars, and Jeeps.

Standing in front of the building were the Bank President and core staff, craning their necks in anticipation; the latter only learned of today's task upon arriving at the bank, and every single one of them was excited to death.

150 tonnes of gold (platinum) — even those who manage the vault have never seen this much.

"Pop pop pop."

Neat, synchronized footsteps fell like drumbeats on all four sides of the trucks; fully armed martial arts hall students, clad in heavy armour, jumped down from the SUVs and surrounded the heavy trucks on both sides with a couldn't-care-less attitude, exuding an aura of daring to kill and able to stop bullets — if needed, they really could stop pistol rounds. Don't be fooled by the crude, shoddy armour from the West Continent that has zero immunity against heavy machine guns; its defensive capability in urban close-quarters combat is worthy of praise.

"Open it up." Bank President Gao Qiu passed through the human wall formed by two rows of armed police holding submachine guns, his left hand trembling unnaturally a few times.

Hou Wei inserted the key into the keyhole, and Luoxiong carefully entered the password; only then did the specially made heavy truck's carriage open.

The bank staff let out exclamations of admiration!

Over 30 tonnes of gold, packed in more than 100 alloy cases — just the sight of it made one's heart burn hot.

The news that Jiangning Bank had deposited 150 tonnes of gold would surely spread soon.

"Second Team, begin transport!" Luoxiong roared, his bear eyes alertly scanning the surroundings.

One case of gold weighed 200 kilograms; two adults would struggle to lift it — only students of Level 6 and above could manage carrying one alone.

Aside from the armed police standing stiff as penguins, the main defensive force for the 150 tonnes of heavy metal was the two squads of Inspection Team students of Level 6 and above. Their collective combat ability was merely ordinary, not necessarily able to beat a fully equipped police team, but when it came to reaction speed and individual martial prowess, they were absolutely two whole tiers stronger than Special Police.

These Inspection Team members — half were responsible for unloading, half held bows and shotguns, looking exactly like medieval special forces serving as transport workers — the shotguns were obtained through the newly established Armored Transport Company by Chen Yi, with all formalities complete and not a single flaw to be picked at.

Bank staff gazed at the suited-and-booted Bond Committee members with eyes full of reverence.

About 30 minutes later, the 90 tonnes of platinum and 60 tonnes of gold packed in alloy cases were safely stored in the vault; Chen Yi and Jiangning Bank President Gao Qiu shook hands lightly.

The latter only breathed a sigh of relief after the iron door shut, laughing: "Since the vault was built, all the gold put together has never been this important — you'll have to forgive the spectacle. Oh, there's still some paperwork."

The vault keeper, the Corporate Account Manager, and the Bank President each signed and affixed their seals on sextuplicate documents; finally, a security squad was left behind, and Gao Qiu, still uneasy, admonished everyone from the Captain down to the Deputy Captain once more before calling out: "Truly sorry about this, everyone — let's go to the conference hall on the 22nd floor; it's spacious, we can speak freely there."

"The first meeting of our Bond Committee." Li Lao represented Chen Zhongguo, looking spirited as if in his prime.

"Indeed, indeed." Bank President Gao Qiu accompanied it with a smiling face. If it were any other official in Jiangning City, he would be a steady God of Wealth, but he ran into the Chen Family — they have the ability to replace hats from the top down; the hat-wearer, wanting a warm head, must first warm the hand that pats the head, so that his own heart won't turn cold.

Xu Chengchu and Fang Zhennan followed closely into the elevator; Chen Yi, bored out of his mind, stared at the bank OLs — fair, tender young beauties in professional attire loose on top and tight below, their pale white thighs under short skirts extremely distracting.

"Ding dong" — the 22nd floor arrived.

The Bank President immediately held the elevator door, smiling: "Please, everyone."

A few rounds of polite deference later, it was still Xu Chengchu who exited first, then Li Lao and Fang Zhennan; Chen Yi was last. Just as he was about to step out, the pretty secretary-office girl he had just been teasing with his eyes tried to exit first — her fair little leg had already crossed the threshold when the Bank President froze her in place with a glare.

"Mr. Chen, you first." The Bank President bowed deeply at the waist — this was naturally a form of compensation; originally, he need not have been this subservient.

The girl was startled; she actually just wanted to rush to the office ahead of the Chen Family staff to receive orders, but she didn't know what background this young man — even younger than herself — had, to make the Bank President bow; so she hurriedly stepped aside, clearing a path, and bowed her head deeply.

Chen Yi took the opportunity to see deep cleavage; the pretty professional attire did well to accentuate her figure, and her current movement was full of temptation.

"President Gao, you first, please." Chen Yi said a humble, polite line, his eyeballs scanning up and down the work badge on the girl's chest: "Xiao Lu. What area do you handle at the bank?"

"Secretary Office, today I'm acting as stenographer."

"Nothing else, go do your work."

Xiao Lu didn't dare fight for time this time, saying softly: "Still, you first, please."

Chen Yi smiled, turned, and entered the conference room.

Xiao Lu awkwardly waited for Chen Yi to leave, then vigorously rubbed her cheeks, finally took out a mirror to secretly touch up her makeup, and only then entered through the conference hall's back door.

Upon entering, she could see Chen Yi sitting directly opposite the Bank President; Xiao Lu couldn't help but cover her mouth.

Chen Family people!

Recalling the various rumours of late, the girl actually had a bit of a Prince Charming fantasy… in those heart-stirring novels, don't they all start from an accidental and strange encounter?

Chen Yi at this moment couldn't be bothered with the bank OL.

The first meeting of the Bond Committee — its importance goes without saying; according to Fo Lao's design, the Committee Members holding absolute control rights total nine, of which the Chen Family holds six votes, occupying the majority. The Xu Family, Fang Family, and Jiangning Bank each have one vote, able to participate in decision-making.

This distribution is a distribution of control rights, not equity distribution. The direct returns of currency cannot be seen in the short term, so Chen Yi obtained 80% profit compensation — if there is any.

And in the specific allocation of the nine votes, Chen Yi holds the sole veto power, but lost the Committee Chairmanship — everyone decided to implement a rotating chairmanship system. Needless to say, no side would feel at ease entrusting this task to a 20-year-old youth who hasn't even graduated university. And once the rotation system is implemented, Chen Zhongguo the old master will cooperate with the six votes to exert enormous influence.

Seated at the head was Old Master Xu, followed by Li Lao representing Chen Zhongguo and Chen Yi's maternal uncle Fang Zhennan; opposite them sat Jiangning Bank President Gao Qiu; adding Chen Yi made five people in total.

The Chen Family's other four votes belong respectively to the four second-generation members of the Chen Family — that is, Chen Yi's eldest uncle, younger uncle, and father, as well as his second aunt Chen Yamin who is overseas; she manages the family's major overseas investments and is also a back-up path left by Chen Zhongguo.

After the organization's establishment, the Committee was quite relaxed; Li Lao was smiling throughout. All interests of the Bond Committee belong to the Chen Family; the work of secondary distribution, though tedious, would not affect him as an aide.

Everyone easily decided on the control issues of management in all aspects; when it came to the underwriting of bonds, Gao Qiu raised an objection for the first time: "Underwriting bonds often carries a 10% commission; Jiangning Bank bears such huge risk — if we can't even get 8%, I can't continue doing this."

"Gold Bonds, directly redeemable for gold — is such a high commission necessary?" Fang Zhennan didn't really understand, but he was on the Chen Family's side, so he fired the first shot, lest he be unable to interject when specific professional issues came up.

The only outsider present was Gao Qiu himself; he understood this too, putting on a bitter face and playing the victim: "You say Gold Bonds, say they're redeemable, but ultimately it depends on consumer acceptance. One could say we're bearing enormous liability here; an 8% commission isn't much."

The corners of Li Lao's mouth turned down, and he said: "We originally agreed on a 2.5% underwriting fee; now that the gold bars are in the bank, suddenly going back on it isn't right, is it? Moreover, 8% is the underwriting ratio for junk bonds — are bonds issued with equivalent gold collateral still called junk bonds?"

A gap of 6 percentage points isn't just 1.8 billion RMB in revenue; it also concerns enormous future profits. They truly didn't want to offend the Chen Family, but the service fees they deserved could not be lessened.

Gao Qiu interjected with banter and laughed: "Don't rush, aren't we talking? 8 points no good, 7.5 points, 7.4 points all work. Our bank bears the risk and still has to promote at every outlet — it's not easy. Even the Emperor doesn't starve his soldiers."

"2.5% underwriting, not a penny more." Li Lao's tone was firm.

"100-yuan small-denomination bearer bonds, three watermarks plus security thread — paper and printing costs aren't small. Calculated at 2.5%, we definitely won't make money."

"That's natural, I understand… we gave Jiangning Bank a seat, which is also a form of compensation."

"Of course, I understand… at 6%, we sign the contract."

Without an underwriter, bonds cannot be sold directly. The bad start made Li Lao very unhappy; in the end he simply said: "If you're unwilling to underwrite, we'll find another bank."

Gao Qiu's eyelid twitched, and he immediately said: "No, let's discuss it again—that's 5 percent, and besides, things have come to this point; we can't back down any further."

"You're right; we're an interest community now. Unless something as big as 10 percent comes up, we can't just casually say we're breaking up." Chen Yi suddenly backed Gao Qiu, leaving everyone bewildered.

The Bank President harbored doubts in his heart but dared not immediately agree.

Chen Yi narrowed his eyes into slits and said: "I think that calculated by the issuance ratio, Jiangning Bank's losses in the early stage are too great. Let's go by price instead. For every 30 billion bonds you issue, we'll pay 130 percent of cost."

The modern accounting system allows any boss who wants a serious audit to get near-true results. And a 30 percent profit obviously cannot be compared with a 2.5 percent issuance price.

Gao Qiu fell silent.

Fang Zhennan chuckled darkly twice, clapped his hands, and said: "If there's no objection, let's sign the contract according to the original oral agreement."

The four stood up respectively and signed on the Authorization Letter. Fang Zhennan served as the Notary.

The next day, the first batch of bonds worth 1 billion yuan was put into the market.

Jiangning Bank set up special counters at all its outlets to sell these bonds, and had trained employees intentionally or unintentionally explain: these bonds can circulate on the market.

Since they were bonds issued under Chen Family's auspices, 1 billion yuan was quickly sold out. Another batch of 1 billion yuan came out that same afternoon. But the pressure of repurchase also surfaced in real time.

For most people, redeeming bonds for gold was quite interesting; for Jiangning Bank, this was the first wave of stress testing.

... (Unfinished. If you like this work, welcome to Qidian (qidian. com) to cast Recommendation Tickets and Monthly Tickets. Your support is my greatest motivation.)