Zhang Yida admires this legendary woman, the "Iron Lady" very much.

But admiration is due to admiration. If he is prevented from investing in an Internet bank, he will not give in.

Liu Yonghao glanced at Cao Shiru displeasedly and thought, why is this woman so crazy? Wasn't it agreed before? Don't make Zhang Yida unable to step down.

Just as Liu Yonghao was about to say something to stop him, Cao Shiru stopped him. She said, "Mr. Liu, let me tell you. As long as Mr. Zhang's answer satisfies me, it doesn't matter if this second shareholder is pawned by him."

Liu Yonghao looked at Zhang Yida, who nodded slightly and said yes.

Looking at Cao Shiru, the other party asked: "Mr. Zhang, actually I don't particularly approve of Ruixiang becoming the second shareholder of Internet Bank.

But Mr. Liu recognizes you very much, so I also give him a favor. I am attending this banquet today to ask you two questions.

If your answer satisfies me, I will raise my hands to approve your becoming the second shareholder of the bank."

"Okay, Mr. Cao, please ask!" Zhang Yida raised his hand slightly, indicating that the other party could ask.

Cao Shiru said: “The valuation of Ruixiang Lun is not as good as that of the Rice Group, and it has been established for less than two years and has not yet been listed.

I would like to ask Mr. Zhang, what does Ruixiang Group rely on to become the second shareholder?

The Internet industry is also changing with each passing day. Mr. Zhang, you have to prove to us your ability to continue operating.

It is also possible that the bank will increase capital and expand its shares in the future. If Ruixiang becomes a second shareholder, it will definitely continue to increase its investment.

So, I have these two questions. As long as Mr. Zhang’s answers satisfy me, Black Flag Chain is willing to let your company become the second largest shareholder of the bank.”

Lei Jun said nothing. If you are interested in looking at Zhang Yida, if Ruixiang is not the second shareholder, it will be our turn.

Cao Shiru speaks very directly, and many strong women are like this. In the workplace, if you want to subdue men, you have to be ruthless.

She was an old lady, so Zhang Yida didn’t care about anything and said:

"Mr. Cao, two questions, right? Why does Ruixiang take the second place? What was Ruixiang's ability to continue operating in the past?"

Speaking of this, Zhang Yida also put away his joking expression and said seriously:

“First of all, Ruixiang has received three rounds of ABC financing, with a total financing amount of US$2.55 billion.

In terms of financing amount, Ruixiang is the number one financial technology company in the country.

In terms of financial technology strength, Ruixiang has deployed four cutting-edge technologies including artificial intelligence, blockchain, cloud computing, and big data.

Today, hundreds of domestic fintech companies are using the fintech products and services we provide.

These software capabilities can be provided by Ruixiang to Internet banks in the future.

Behind Weizhong is Penguin, and behind the online merchants is Ali.

Ruixiang believes that it is no worse than them. In the field of mobile payment, we will invest 40 to 5 billion this year to fight a subsidy war with the two giants.

The second issue, continued operation, has no problem for Ruixiang.

In 2013, Ruixiang had a revenue of 256 million yuan and a net profit of 41 million yuan.

In 2014, Ruixiang had revenue of 6.525 billion and net profit of 745 million.

Our business growth rate is measured in hundreds or even thousands of percent.

Mr. Cao, what do you think?"

"Damn it, you still made a profit in 2014. I heard that you spent billions on R&D investment and mobile payment subsidies!

Just the Spring Festival Gala red envelopes and Wufu red envelopes alone cost more than 800 million."

Lei Jun was also shocked. This is so perverted! It’s so profitable to do finance? The profit margin of rice phones can’t even catch up with it?

"Yes, Mr. Lei, this is after deducting R&D funds and mobile payment subsidies.

Excluding them, Ruixiang's net profit for 2014 would have been 4.6 billion to 4.7 billion."

Zhang Yida made his family fortune clear. Ruixiang is not a listed company and does not publish financial reports. Except for group executives and investors, most people do not understand the specific financial situation.

Looking at the stunned Cao Shiru, Liu Yonghao was a little amused and asked: "Sister Cao, how are you? Yida has always been relatively low-key, but you must not underestimate him."

To be honest, even Liu Yonghao was a little shocked by this financial data. He thought to himself: It makes more money than selling feed. It seems that his Xinwang Financial Group needs to do a good job.

"If Sister Cao doesn't believe it, I can provide the accounting firm's audit report. It was audited by PricewaterhouseCoopers. The credibility is pretty good."

Zhang Yida made another stab.

"No need, brother Yida, eldest sister is straightforward, don't be offended!

I don’t understand the Internet either. Your strength is more than enough to serve as the second largest shareholder of the bank."

Cao Shiru said nonchalantly that she actually wanted to squeeze Ruixiang into the fourth largest shareholder, and Black Flag Chain could also move up one spot to become the third largest shareholder.

But his strength is extraordinary!

Our own Black Flag chain's annual revenue in 2014 was only 4.7 billion, and its net profit was even worse, at only 170 million.

After doing some calculations in my mind, I found revenue of 6.5 billion, net profit of 4.6 billion, and net profit margin as high as 70%!

Financial boss, so scary!

After untying their knots, Sifang happily chatted about other topics.

Zhang Yida didn't mind what happened to Mrs. Cao either.
Chapter completed!