I was forced to start the second round because I was raised in poverty

Chapter 406 Yes, that's what my dad taught me.

Go to Shanghai.

Su Cheng has moved to an office building not far from Yh and now has his own office.

In addition, Su Cheng also prepared an office for Ye Li.

That's right.

Su Cheng officially signed a legally binding employment contract with Ye Li, hiring her as a senior consultant for the company.

Ye Li was quite busy recently, needing to deal with various channels and suppliers, as well as things like slot fees with brands.

These things are actually a one-time solution; once the busy period is over, things won't be so busy anymore. New retail supermarkets need time to develop and move forward steadily, so she doesn't need to worry about them too much.

Therefore, Ye Li can better focus her time and energy on Su Cheng.

"You really make it sound like you're doing something special."

“If there wasn’t a complete stranger outside, I would really think you were a CEO.”

Ye Li couldn't help but tease Su Cheng about his actions.

He rented an entire floor of commercial office space in a prime location in Shanghai, but he doesn't have a single employee outside; in reality, he's still a lone wolf.

"So what if he's a lone commander?"

"Besides, I'm not all alone, it's just that they haven't moved in yet."

"Shouldn't your dad already know that you've acquired two companies?"

"Of course he knows. The old man's information network is incredibly accurate. He even has a surveillance camera installed on me."

Su Cheng has almost spent all of the 2 million yuan approved by headquarters in the past two days.

He used 200 million yuan to obtain four licenses: two were applied for and two were obtained through acquisitions of other companies.

From an outsider's perspective, Su Cheng's acquisition of these licenses is likely aimed at conducting micro-loan business in a compliant and legal manner.

But in reality, Su Cheng's plans and ideas went far beyond that.

Not only can it guarantee basic legality and transparency in business operations, but it also perfectly matches the system built by Su Cheng that includes the real estate and banking sectors.

The first requirement is a private fund manager license.

With this license, Su Cheng has the legal right to raise funds.

But this is only the most basic.

Su Cheng obtained this license primarily to legally leverage funds, which is a prerequisite for expanding the capital pool.

He can now legally establish and manage limited partnership funds to make equity, debt and other types of investments.

This is not finished.

He can also play a role in the formation of the Trident group, which he co-founded with Paulon Group and Atlantic Bank.

Su Cheng must use this license to establish a limited partnership fund and legally attract Atlantic Bank's wealth management funds as senior LPs.

Su Cheng's own funds, acting as a subordinated LP, formed a "equity-like debt" structure to provide financing for Baolong Real Estate.

With this license, Su Cheng can also establish VC/PE funds to legally invest in other companies that are rapidly rising in this wave of development, as well as raise funds subsequently.

And also stock trading and capital operations in the secondary market.

The microfinance company that Su Cheng acquired not only had the power to lend nationwide, but also the important function of facilitating loans.

When he engages in syndicated lending with Atlantic Bank, he must be identified as a licensed lending entity; otherwise, the bank's funds cannot be legally disbursed through his system.

It can also be packaged into standardized ABS products to quickly recover funds.

All loan facilitation businesses and scenario-based financial services, including homeowner loans, rental loans, and cash loans, must rely on this license.

of course.

The most important thing is the collaboration with Atlantic Bank and Paulun Group.

Atlantic Bank's low-cost funds, through "joint lending" in cooperation with Suzhou Cheng's microfinance company, can be compliantly deployed to long-tail customer groups that traditional banks cannot reach, achieving explosive growth in its retail business.

At the same time, it provides financial services to the owners and tenants of Baolong Real Estate, turning community traffic into financial revenue.

The third commercial factoring and financial leasing license mainly involves the transfer of future accounts receivable.

Baolong Real Estate has thousands of builders and material suppliers.

Baolong needs to tie up their funds, but suppliers need cash flow.

At this point, Su Cheng's factoring company can intervene, buy out the suppliers' accounts receivable from Baolong, and collect high interest, thereby transforming Baolong Real Estate's "commercial credit" into its own "financial profit".

In the Sucheng Trident Plan, this license can effectively build a moat around the "Baolong Ecosystem".

Through his company's factoring business, he deeply integrated Baolong Real Estate's upstream and downstream supply chains, making them dependent on his financial services.

Secondly, the profits are absorbed internally, with all the supply chain finance profits that should have been earned by external banks being retained within their own alliance system.

Finally, and most importantly, it serves to isolate risks.

All risks associated with financial transactions along this supply chain are contained within these two licensed companies and will not penetrate into Su Cheng's core capital platform.

The last license is a third-party payment license.

This license plate is of utmost importance.

The central bank stopped issuing new licenses after 15 years, so Su Cheng could only acquire existing licenses from the market, which was a very expensive license for Su Cheng.

The payment license is the neural network of this system.

It allows Su Cheng to have the power to manage cash flow, build his own account system, accumulate massive amounts of funds and huge amounts of transaction data, thereby achieving a data closed loop.

Su Cheng can legally obtain all users' transaction data, fund flows, and spending habits.

This data is what they use for credit assessment, targeted marketing, and risk control modeling.

In addition, it can reduce costs.

Having your own payment channel allows you to bypass the two most mainstream payment providers, Oppo and Vivo, significantly reducing payment fees and enabling T+0 or even real-time settlement of funds.

All the cash flow was under Su Cheng's control.

Why is it considered of paramount importance?

Because when this payment license was finally withdrawn, it was the most valuable, scarcest, and most attractive core asset in the entire asset system to internet giants.

It will provide Su Cheng with a premium return several times over in the final exit.

If Ye Li didn't know Su Cheng's overall plan, she would definitely only think that Su Cheng wanted to do loan business.

But when these four licenses are incorporated into the system built by Su Cheng, Ye Li has to admire his planning.

Strictly speaking, this already qualifies as a large-scale military operation.

"Why hasn't your dad said a word? Does he support you doing this?"

Ye Li was referring to the microloan business, but the old man's side remained completely silent.

"Of course, he taught me all of that."

"Oh, this... Your dad didn't teach you anything good."

"Yes, he probably thinks this is good."

Although Ye Li knew that Su Cheng wasn't in the micro-loan business, participating in the so-called economic bubble still puts her at a moral low point.

Ye Li categorizes economic bubbles into these groups:
Passive participation, active participation, deep participation, deep participation and actively creating bubbles.

Passive participation aside, these are ordinary victims, or those who participated in the economic bubble without their knowledge.

Things started to go wrong after "actively participating".

Because they orchestrated a scam, rather than an unpredictable but fairly regulated market.

If ordinary participants are like drowning people lost in a storm, then active, deep participants are like speculators trying to ride the waves.

The creators of the bubble are those who artificially trigger tsunamis, build fortifications on high ground in advance, wait to see ships destroy and people die, and then scavenge the wreckage.

This was a premeditated and planned plunder of wealth.

The impact that Su Cheng will bring afterward will be devastating.

And it carries a profound moral guilt!
Su Cheng would forcibly transfer the wealth from the vast majority of ordinary people into his own pocket.

Ordinary people are just the ones who end up taking over Su Cheng's cash-out scheme.

Su Cheng can enjoy almost all the potential benefits in the process of creating the bubble.

Furthermore, through sophisticated financial instruments and informational advantages, they completely shift the risk of eventual collapse to others. In fact...

Su Cheng has already started doing this.

Su Cheng used licenses and systems to prioritize funds in this way.

It is low-risk, low-cost, and offers immeasurable returns.

Su Cheng will take the lion's share of the profits from the bubble, while Paul and Atlantic will take the smaller share.

But the collapse and losses they caused were social.

This not only causes ordinary investors to lose everything, but also causes other banks to experience a surge in bad debts, destroying the financial system.

Businesses collapsed one after another, credit dried up, and the real economy was stifled.

Massive unemployment and a prolonged economic recession.

This means that even ordinary people who have never participated in investing will suffer a sharp drop in income and even lose their jobs due to Su Cheng's actions, ultimately becoming the victims.

Su Cheng's actions are not merely speculative; he will become the focus of public anger, the object of historical judgment, and even a public enemy.

Even if Su Cheng is hiding behind the scenes and the general public can't find this public enemy, he is still the culprit.

Faced with Ye Li's concerns, Su Cheng simply smiled and said, "Sister Chestnut, that's the difference between you and me."

"What's the difference? The difference is that you can bring yourself to hurt ordinary people?"

Su Cheng didn't care at all: "That's right, that's how my dad taught me."

Ye Li: ???
"Then you can go die. I'll resign right now and then strangle you on behalf of the people."

Ye Li started to act as soon as she finished speaking.

Su Cheng quickly begged for forgiveness: "No, no, no, I was wrong."

Ye Li showed no sign of stopping.

Su Cheng had to explain, "I won't let ordinary people take over."

Ye Li stopped what she was doing: "Then who's going to take over?"

Someone has to take over this bubble eventually.

"Well, I'll tell you about that later, okay? Anyway, I won't let ordinary people take over."

"You better be."

Ye Li didn't just realize this now; she already knew it was an economic bubble when Su Cheng explained the blueprint.

But she didn't offer any opinions at the time.

Because economic bubbles cannot be artificially created.

Su Cheng's actions were at most like blowing a small bubble within a huge bubble, using her foresight and judgment.

Many people have joined the bubble.

Su Cheng doesn't need to scrutinize the mistakes she makes in this matter.

That's just how the market is.

Let alone Su Cheng having 30 billion yuan in funds, if an ordinary person could predict the future, they would invest all the few thousand yuan in their account to participate.

Whether you actively invest a few thousand or ten thousand dollars in this bubble, or invest billions, there is essentially no difference.

This matter is not categorized as minor or major evil based on the amount of money invested.

The nature of the two is actually the same.

Su Cheng has her own judgment.

It wasn't a prediction, but rather an information gap from a past life.

If we're talking about evil, the evil within him is actually a little greater than Ye Li imagined.

but it does not matter.

In Su Cheng's plan, the common people would not take over.

"So, who are you going to get to take over? Which batch of leeks are you going to harvest?"

“Of course it’s domestic capital,” Su Cheng explained. “Otherwise, I wouldn’t need to join forces with Baolong and Atlantic; I could have done it all by myself.”

"alright."

"Hmm, Sister Chestnut, do you feel much better about your conscience now?"

Ye Li: ???
"What, am I not allowed to have a conscience?"

In the business world, conscience is a burden, something worthless.

Ye Li was certainly aware of this; business is business, after all.

But she still has her bottom line.

Ye Li was not intimidated by Su Cheng at all, and having a conscience was not a bad thing: "Look at what your father has done to you."

"Huh? I didn't say I couldn't have a conscience. I do have a conscience, okay? Otherwise, I would have started cutting long ago. Why would I wait until now?"

This is true.

Ye Li admitted that Su Cheng still had a conscience and hadn't been corrupted by Lao Su.

"But I still feel like something's not quite right."

"What's wrong?"

"Why...why weren't you corrupted?"

Su Cheng: ? ?

"What kind of question is that? It's because I'm an upright person, you've forgotten my nickname is 'The Righteous Su Taiyang'?"

Su Cheng doesn't believe that you can't make money if you have a conscience.

Hearing this, Ye Li stopped being stingy with Su Cheng and became even more outspoken: "Okay, not bad, Mr. Su Taiyang, please keep it up! Don't go astray!"

"Hehe, of course."

"Alright, stop grinning like an idiot. I have something serious to tell you." Ye Li patted Su Cheng on the shoulder. "How did you sign those contracts with those two companies? I'm talking about the personnel details."

Su Cheng gave a brief explanation.

Su Cheng temporarily accepted all the employees from the two acquired companies, as he didn't have much time for screening and recruitment at the moment.

Su Cheng needs someone to do the work at any time.

As for whether it's suitable or not, we'll have to wait and see.

Ye Li thought for a moment: "We can hire people while firing those who are not suitable."

Su Cheng agreed.

Because a significant portion of the employees in the two acquired companies are not aligned with one's overall plan.

Damn it, some of these people are actually loan sharks, they have no conscience.

"Okay, Sister Chestnut, how about you take charge of this?"

Ye Li:?
"Were you just waiting for me to say that?"

"I didn't do that, Mr. Ye. Don't wrong me."

Ha ha.

We'll just wait for her to do it, that's all.

They even claimed they were wronged.