I Have 10 Trillion Dollars only Usable For Simping
Chapter 736 - 568 The Great Hero

Chapter 736: 568 The Great Hero

"Brother Chen, you wanted to see me?"

Tianci Capital.

The CFO, Bai Zheli, pushed open the door and entered.

"Little Bai, take a seat."

Jiang Chen, who was sitting in the boss’s chair deep in thought, smiled and gestured with his hand.

During his time at Dong University, Jiang Chen was commonly known as a "bootlicker," but he actually had another label that went unrecognized.

That was being a top student.

But only he knew clearly that in terms of knowledge, compared to this youngest roommate, he was clearly outmatched.

It was just that Bai Zheli had a flaw, which was his shyness and introversion, and he wasn’t good at dealing with people. Such a personality was undoubtedly suited for financial work, and placing him in the role of CFO was just right.

In a company, the most critical role seems to be the policy-maker, but the person managing the money is also of utmost importance.

Bai Zheli did not let Jiang Chen down; despite his young age, he quickly adapted to his role after taking office and handled the most complicated financial work in an orderly manner.

"Brother Chen, what’s the matter?"

Everyone grows on their own life path.

Since the establishment and operation of Tianci Capital, Bai Zheli, who used to blush occasionally when speaking, visibly matured quite a bit. The former black-framed glasses had been replaced with gold-rimed half-frame glasses, and to put it in Luo Peng’s words, he had become more of a man.

"Tired or not? Do you need a break?"

"Not tired."

"Truly not tired or just saying that? It’s alright, if you’re tired, rest. The company is already on the right track now, no need to push ourselves as hard as before."

"I’m truly not tired. Brother Chen, you still worry I might be too formal with you. If anyone’s tired, Luo must be more worn out than me. I am mostly in the company while he’s always traveling on business trips, braving the wind and the sun."

Bai Zheli even started to joke around.

Jiang Chen chuckled.

"Luo Peng just complained to me that you’re not close to him, saying you have a cold relationship. If he heard what you just said, he would probably be ashamed to death."

Bai Zheli laughed.

Jiang Chen’s smile faded, "I want to ask you something."

Bai Zheli nodded, becoming serious, "Speak, Brother Chen."

"Luo Peng mentioned the ’Anxin Loan’ project was overseen by you?"

"Yes. Brother Chen, is there a problem?"

Bai Zheli’s expression changed slightly, and he cautiously asked.

Ever since the establishment of the company, Brother Chen had been the very definition of hands-off, rarely inquiring about the company’s operation. What was it today?

Could it be that he had some concerns about the project?

"Don’t be nervous, I just want to understand it better."

Jiang Chen restored his smile, clasped his hands together, and placed them on the table, "As you know, I once borrowed a student loan. Everyone faces difficulties at some point. Your funding of this project, I understand, is well-intentioned. I’ve read the proposal, and the set interest rate..."

"Brother Chen, do you think the interest rate is too low?"

Bai Zheli couldn’t help but interrupt.

Indeed.

What’s the key to doing business?

Profit.

And the returns from investing in this Anxin Loan project were unlikely to be substantial.

"No, what I want to talk about isn’t the interest rate."

Jiang Chen saw precisely what Bai Zheli was thinking and said gently, "A seven percent annual interest rate is very appropriate. We are not a commercial lender; our audience is students and grassroots society. Moreover, the loan industry’s principle should be to provide emergency relief, not profiteering."

"Brother Chen, you think the same as I do."

Bai Zheli replied quickly, deeply moved and also relieved.

While it is said that wealth tends to corrupt, and business is not without its cunning, in reality, many people are not that bad to begin with. It’s just that on their climb upwards, they gradually focus only on their own benefits, slowly losing their original intentions.

Fortunately, Brother Chen was still the Brother Chen he knew.

"How many cities has Anxin Loan been introduced to so far?"

Jiang Chen asked.

"Around forty or so."

"All third and fourth-tier cities?"

"Yes, roughly."

"And the users? How many have registered so far?"

"Six hundred thousand."

Bai Zheli reeled off these figures effortlessly, obviously well-versed in all the details.

Six hundred thousand people—if each borrowed a thousand, that would be six hundred million.

Of course.

The number of registered users and those who actually borrow money is different.

Without waiting for Jiang Chen to ask, Bai Zheli proactively explained, "Brother Chen, although the number of registered users isn’t high, the conversion rate is very good—80% of the users have borrowed money on the platform. Since our loan amounts and interest rates are not high, we have not encountered any bad debts so far."

Six hundred thousand people.

Eighty percent.

This means that the actual borrower count was over four hundred thousand. Even with a conservative estimate, the loans distributed would certainly exceed a hundred million.

"How many partners are there in total?"

Jiang Chen inquired.

"Four."

Bai Zheli adjusted his glasses, "Brother Chen, the country has started to tighten control over online lending platforms, and we have limited cash on hand. Therefore, the major capital provider is the local banks."

Jiang Chen showed no surprise at this news.

After all, Tianci had only invested five million in this project.

"What if we went around the banks and did it on our own?"

Jiang Chen asked calmly.

Bai Zheli was taken aback, "But Brother Chen, we simply don’t have that much money on our books."

That’s the nature of investment companies.

In the early stages, they spend large amounts of money, and only after a certain period can they expect to see returns.

"Besides, the project’s profits are slim, and if we invest heavily, it might be a bit..."

Even if Bai Zheli wanted to do something beneficial for society, he knew his role and status; above anything else, he had to prioritize the interests of the company.