Supreme Hidden Dragon in the City
Chapter 253: It Seems You’re Quite Confident

Chapter 253: Chapter 253: It Seems You’re Quite Confident

Chen Fan left the bank and dialed Lu Jinyuan’s number, "I’m back in Jiangbei. How is the preparation for opening the branch in Pingyun County going?"

Lu Jinyuan let out a wry laugh, "I’ve been getting a headache over this recently. Opening a branch requires a lot of capital. I applied for a ten billion loan from the bank, but there have been some troubles. Let’s discuss them when we meet."

Half an hour later, Chen Fan met up with Lu Jinyuan in a coffee shop.

Sitting down, Lu Jinyuan sighed, "Although Qingfan Pharmaceuticals has become the leader of the Jiangbei Pharmaceutical Industry, we’ve also become the target of all sorts who want a slice of the pie. It’s really worrying."

Chen Fan was puzzled, "Logically, a company of our size should be fully supported by banks when opening a branch. What trouble have you encountered?"

Lu Jinyuan explained, "The banks are indeed eager to help us expand and haven’t refused our loan. However, their vice president, Wang Song, demands that we give him twenty percent of the shares, otherwise, he won’t approve our loan. They’re treating us as a fat sheep ready for slaughter."

Chen Fan frowned, "Shouldn’t paying them interest on the loan be enough? Why should we also give them shares in the new company?"

Lu Jinyuan said, "That’s how it should be, but if we want the loan approved, it has to go through him. Our company has just completed a merger and needs to develop, so we can’t do without a bank loan. He’s aware of this, which is why he’s got the confidence to make such demands."

Chen Fan’s expression turned cold, "He sure has his calculations spot on. Doing nothing and laying back to count money—what a great deal indeed!"

Lu Jinyuan sighed and said, "There’s no helping it; that’s business for you. If we don’t satisfy these people, we can’t think about expanding. I have arranged to dine with Wang Song this evening, to see if I can lower the twenty percent to fifteen, to minimize our losses."

Chen Fan’s eyes twinkled before speaking, "Don’t worry about it. If he doesn’t want to give us the loan, we’ll make do without it. I’ve just deposited a hundred billion at Jiangbei Bank. If need be, I can take out ten billion for your use."

Lu Jinyuan’s eyes bulged, "Deposited... how much?"

Chen Fan, resigned to repeating himself as people never seem to hear him the first time, "A hundred billion."

Lu Jinyuan swallowed, "Mr. Chen, did you get into arms smuggling in Binhai this trip, or did you discover a gold mine?"

Chen Fan couldn’t help but laugh, "I just got lucky and gained some benefits."

Lu Jinyuan looked at Chen Fan as if he had seen a monster. Anyone who returned with a hundred billion from a simple trip would not be considered just lucky in his book.

But considering all the extraordinary things he had seen Chen Fan do, he was no longer surprised.

"Mr. Chen, you really are... incredible!"

Chen Fan just smiled and didn’t speak. If Lu Jinyuan knew that the hundred billion was just the tip of the iceberg and that Chen had not only acquired seven-tenths of the Tang Family’s assets but had also become the head of the Medicine Sect, he would have probably been astonished.

Lu Jinyuan was excited for quite a while before saying, "Mr. Chen, there’s no need to withdraw the money. If we truly needed ten billion in cash, Qingfan Pharmaceuticals could afford it. But that’s not how business works. Borrowing from the bank to open a company is the most cost-effective way for us."

"Oh?" Chen Fan looked puzzled, "But if the bank uses the loan as leverage to carve up the cake, why should we rush to be at their mercy?"

Lu Jinyuan smiled and said, "Previously we were indeed at their mercy. But now that you’ve just deposited a hundred billion in the bank, if the bank were to know you are the owner of Qingfan Pharmaceuticals, they’d probably be begging to give us the loan."

Chen Fan, not versed in the subtleties of business, asked, "Why?"

Lu Jinyuan said, "Because deposits are the foundation of a bank. A hundred billion is bound to alarm the headquarters. If I’m not mistaken, the bank staff are probably treating you like an ancestor now."

"If you’re the slightest bit unhappy, the whole bank would shake. So do you think they dare to carve up shares in our new company?"

Chen Fan laughed, "I don’t understand these things, but since you said so, I’ll follow your advice. Tonight, I’ll join you in meeting this Wang Song."

Lu Jinyuan nodded with a smile, "These past few days, Wang Song has been acting so smug in front of me, it’s really been annoying. Tonight, we definitely have to take him down a peg!"

...

In the evening.

Wang Song drove to the best restaurant in Provincial City, the parking lot of Four Seasons Restaurant, with a smug smile on his face and in a very good mood.

In the afternoon, Song Kangjian had informed him about a big shot who had deposited a hundred billion in the bank, shocking him considerably followed by uncontrollable excitement.

Deposits are the foundation of a bank. With that hundred billion, the performance of their bank was bound to soar, presenting him and Song Kangjian with an opportunity to climb the ladder even higher.

"Our bank is becoming more and more powerful, yet this Lu Jinyuan still does not know how to read the room. If he does not agree to my terms tonight, then there’s no need for me to continue negotiations with him."

He arrived at the private room Lu Jinyuan had told him about, pushed the door open, and found, aside from Lu Jinyuan, a plainly dressed and unremarkable young man inside.

"Boss Lu, you said you wouldn’t bring a pretty secretary to keep us company, so what’s with this greenhorn?" Wang Song sat down with an arrogant demeanor, his attitude quite disdainful.

Lu Jinyuan snorted, "Wang Song, you’d better be polite. This gentleman here is the owner of Qingfan Pharmaceuticals, and I’m just an employee."

Wang Song paused, then gave Chen Fan a once-over before saying with a smile, "Oh, so this is the boss. I wouldn’t have guessed."

Chen Fan spoke calmly, "I don’t like wasting words. We’re here to discuss the ten billion loan. Is your bank truly unwilling to give us the loan?"

Wang Song showed a look of contempt as he leaned back in his chair, saying with a laugh, "Didn’t Lu Jinyuan tell you? Of course the bank will grant the loan. However, you’ll have to give me twenty percent of the new company’s shares. Everyone should earn money together. Considering how big your company has become, you surely understand this logic."

Lu Jinyuan interjected, "Wang Song, do you realize what you’re doing is an abuse of power?"

Wang Song’s face showed indifference, "So what if it is! Your company will definitely need even larger loans in the future, and the only bank that can provide loans of that scale is ours. Think carefully, if you don’t agree to my terms, there will be no chance of cooperation in the future."

Chen Fan suddenly laughed, "It seems you are quite confident. Are you really not willing to grant the loan?"

Wang Song chuckled, "Indeed!"

Chen Fan nodded, stood up, and walked towards the door of the private room, "Wait for me to make a call."