LATEST UPDATES

Battered Young Miss - Chapter 130

Published at 15th of June 2019 10:45:07 AM


Chapter 130

If audio player doesn't work, press Stop then Play button again




"I mailed in a proposal for Hong Holdings regarding increasing our customer base by using a joint platform."

"I'm listening."

Hong Yongrui motioned for the other man to resume what he had to say.

"KeXin bank does not have the financial capability to take on financing people's homes and cars, which is what is now a recent market trend. Our goal at KeXin is to be able to provide financial solutions to her customers without them taking out illegal loans, which is where Hong Holdings comes into the picture. Hong Holdings would benefit from this partnership by getting an influx of customers who are likely to become loyal to your company."

"So you want my company to partner with KeXin bank? What is the catch?"

"Of course not good comes easy. The only thing that we at KeXin bank are asking for is a tiny cut from the profit that you make from our customers using your products."

"How tiny?"

"About 35% and I believe it is a fair bargain."

Hong Yongrui's eyes narrowed when the other man asked for a cut in profit, which he considered to be very high.

"I read through your proposal, as you can see, I have a lot of them from various companies on my table and even those from within the company. Let me think about it."

In the business world, the phrase "let me think about it" is a sort of noncommittal word meant to offer false reassurance to the other party, with the person having little or no inclination to commit to what was asked of them. In this case, President Hong was indirectly brushing the man off, without wanting to appear mean or inconsiderate.

"Okay, how about a 15% cut from your profit, that is the least we can go for at KeXin bank, if not the deal is off."

Hong Yongrui looked at the man with an amused look on his face, he hadn't agreed to what the representative said, instead he was fishing around trying to find out more about KeXin bank's intention.

"I haven't even agreed to taking you up on the offer, I only said I will think about it. Since it looks to me that KeXin bank is a little impatient to sign up their customers for a financing product under the umbrella of Hong Holdings. 15% doesn't sound all that bad, let's do it this way, I will have my lawyer draw up a contract and also have your legal representative speak to mine. If the terms are considered acceptable to KeXin bank you can go ahead and sign it.

"Thank you President Hong, it was a pleasure speaking with you."

Although Director Huang smiled pleasantly, the smile did not reach his eye. It was clear that KeXin bank had to bow to Hong Holdings, but in business just like there are winners, there are losers too.

----------------

"Oh my goodness! I am almost late to my date!"

Sheng Liena hastily applied the makeup on her face at the ladies restroom.




Please report us if you find any errors so we can fix it asap!