latelenovela Chapter 2036 Shareholders Meeting
Chapter 2036 Shareholders Meeting
"Is this data correct? In just half a month, the total amount of loans issued has reached 380 trillion. This is too terrifying!"
“I can’t believe this is real!”
"Ten years of profits have reached over 130 trillion. If we consider our shares, how much should we get?"
“This speed of making money is simply unimaginable!”
"Yeah, I didn't expect Qingyun Bank's earning power to be so terrifying. It's even more profitable than the resources we control."
……
This group of Daluo Sword Sect's Jindan stage cultivators were stunned by this data, which was beyond their knowledge.
"Good! Good! Good! That's great. The Qingyun Bank alone can bring huge profits to our sect. It seems that cooperating with the Qingyun Sect is indeed the best choice." The leader of the Daluo Sword Sect was extremely excited at this time.
"But Sect Master, this is the benefit that will come ten years later, and it hasn't fallen into our hands yet. Moreover, the total assets of Qingyun Bank are estimated to be only one trillion, and now the total loans we have issued have reached 380 trillion. This is a bit unreasonable no matter how you think about it." A powerful cultivator in the Great Perfection of the Spirit Transformation Stage on the right frowned.
Hearing what he said, the others also frowned.
"Yeah, what's with the extra money?"
"Will not have any problems?"
……
"Forget it, I'll contact the person in charge of Qingyun Sect." The leader of Daluo Sword Sect was also a little worried at this time.
He hurriedly took out a Yin-Yang Mirror and activated it. The mirror was suspended in the hall, with ripples on its surface.
"It's a pity that the internet here isn't set up yet, so I can't use my smartphone to start a video call. I really hope the internet here can be set up soon."
Looking at the Yin-Yang Mirror floating in the air, the sect leader's face now showed a bit of disgust.
Soon, Jin Dabao's figure appeared in the ancient mirror. He saw the leader of the Daluo Sword Sect and quickly bowed, "Junior greets Sect Leader Lin and all the seniors of the Daluo Sword Sect."
The leader of the Daluo Sword Sect is named Lin Tian, who is the person Jin Dabao is most familiar with in the Daluo Sword Sect.
Lin Tian waved his hand. "You're welcome. We've just received the data you sent us. Isn't Qingyun Bank's total valuation one quadrillion? How come the loans it's issued are almost reaching three hundred and eight hundred trillion? What's going on?"
"Yeah, what's with the extra 280 trillion? There won't be any problems, right?"
"We only have one quadrillion, so how could we have loaned out three quadrillion? This doesn't make sense!"
The other two powerful masters in the Great Perfection of the Spirit Transformation Stage in the hall also spoke.
Jin Dabao saw the confused faces of the Spiritualization cultivators across from him and smiled, "Don't worry, seniors. This is normal. The extra 280 trillion is a form of over-issuance. It's a credit currency issued based on our reputation."
"This is financial knowledge. If you want to know more about it, you can consult our financial books."
"Don't worry, seniors. Although there are some risks involved, everything is under control. To reduce the risks, we need to start the next business as soon as possible."
"It just so happens that I also want to contact you seniors. Why don't we take this opportunity to hold a meeting with all of us shareholders to discuss the next arrangements."
Lin Tian nodded: "Since there is no problem, then I am relieved. Minister Jin, you can arrange the meeting."
"Okay, Senior Lin, please wait a moment. I will contact the other shareholders right away." After Jin Dabao finished speaking, he began to contact the shareholder representatives of other forces.
At this time, all the Jindan stage cultivators of Daluo Sword Sect breathed a sigh of relief.
"Looks like we need to look at Qingyun Sect's books on finance as well."
"Yes, this is something from the new era. If we don't understand it, we might end up being eliminated. I'll have someone send over the financial books related to Qingyun Sect right away."
At this time, throughout the Wanling Continent, those powerful people in the God Transformation Stage of the sects who received the half-month data report from Qingyun Bank were all in shock.
Although they all knew that Qingyun Bank must be very profitable, they did not expect that the speed at which Qingyun Bank made money was so terrifying, which was beyond everyone's awareness.
After receiving Jin Dabao's message, all major forces took action immediately and used the Yin-Yang Mirror to start a remote shareholders' meeting.
After everything was arranged, Jin Dabao, as the person in charge of the entire project, began to speak first.
"Seniors, you have all received Qingyun Bank's data report for the past two weeks. I can clearly tell you that this is the actual performance that Qingyun Bank has achieved in the past two weeks."
"Although Qingyun Bank's loan business has passed the first phase of explosive growth, it will continue to grow, which means that profits will continue to rise, and future benefits are unlimited."
"Furthermore, the benefits that Qingyun Bank will bring to you this time are far more than these. After all, it will take ten years for these benefits to materialize, so you won't be able to see the effects for the time being."
"But you seniors probably haven't seen the profits of the affiliated shops in the past two weeks. According to the data evaluation conducted by our sect, the shops under the ten major sects of the Righteous Alliance have made considerable profits in the past two weeks. On average, the profit of each sect is close to 5 trillion."
"Five trillion? Minister Jin, you calculated it correctly, right?" Lin Tian exclaimed immediately.
"Yeah, it's only been half a month, how could there be so many?" Tianshu Star Lord also looked at Jin Dabao in shock.
"Whether there are so many or not, we'll know once you arrange for the statistics below."
"And as time goes by, this profit will continue. However, this time there are some risks associated with the serious over-issuance of credit currency, so we must immediately start savings and exchange businesses."
"The headmaster has proposed that in order to reduce risks as quickly as possible, we need to implement a mandatory savings task. This requires the full support of all the seniors. We also need to increase the spirit stone reserves to reduce risks."
"Minister Jin, I don't understand what you said. You just need to tell us what to do. My Daluo Sword Sect will give you full support." Lin Tian said directly.
"That's right, Minister Jin, you should just tell us the arrangements directly." Tianshu Star Lord also spoke.
"Then let me tell you about the next arrangements." Jin Dabao nodded, and then he explained in detail the next arrangements of Qingyun Bank, including the setting of deposit interest rates, the allocation of savings business, the details of the exchange business, etc.