Chapter 436: Inviting the Wolf into the House_1
Zhou Chengyu actually didn’t understand.
He heard Kang Yue and Tang Yuchan both saying it was a good idea and so relaxed, leaning in close to Shen Dong with a smile, "Well, let me also share some good news, Yang Guicheng has pulled some strings for us.
This morning, he sent me a message, asking me how I felt about the Hai City Government Office’s suggestion to establish a local bank to provide us with financial support through loans," he said.
"Can our company participate in the shares?" Shen Dong’s heart pounded with excitement.
Capital from local commercial banks is partly drawn from public savings, and on the other hand, it can be borrowed from the central bank.
There are many intricacies involved, too complex to explain in a few words, but if Shen Dong could obtain shares in the bank, he would have the right to use the bank’s funds for investment.
"It’s not clear yet, but we’d have to use the Huaxu Base as collateral," Zhou Chengyu said, feeling somewhat uneasy, as Huaxu was currently the company’s only visible project.
Shen Dong slapped the table in approval, "That would be great."
"Ah?" Zhou Chengyu couldn’t wrap his head around it for a moment and hesitated, "What if something goes wrong, then we’ll lose Huaxu."
"Huaxu won’t run into problems, never," Shen Dong had originally planned to use Huaxu to strike a fifty-fifty deal with the government office, to drive Hai City’s prosperity in exchange for funding.
He hadn’t expected to end up with such a result.