Chapter 1522 - 1509: She’s Starting to Waver?

Chapter 1522: Chapter 1509: She’s Starting to Waver?

But Luofeng interrupted Tangya directly, "Auntie, you should know, I have an investment company, right?"

Tangya nodded.

She was aware of it.

About Fengshun Investment Company.

Tangya had heard more or less something about it, and she knew it was a company that made money like a printing machine.

"Actually, regarding the Qili Bay Life Science Research Project Center, if someone is willing to invest or provide resource loan services, I’d be more willing to accept external funding!" Luofeng said, pretending to sigh lightly.

Tangya raised an eyebrow.

Her little expression looked somewhat appealing.

"The Qili Bay project mainly focuses on frontier research in the life sciences field, where future profits cannot be determined, nor can it be confirmed if there will be profits, so basically no one wants to invest in it, and no bank institutions are willing to offer loans," Luofeng explained.

"That’s precisely why we are investing our own funds into this project!" Luofeng said with a somewhat self-deprecating tone.

The Qili Bay Life Science Research Center is somewhat like the chip sector, for instance, Xiongxin Group.

Previously, when Luofeng was trying to pull people in.

Many people avoided the chip industry as if it were a disease.

Luckily, Luofeng was making money in the financial market at an extremely fast rate, he almost single-handedly supported the advancement of the chip company.

Currently, Xiongxin’s technology is capable of standing alone, providing multiple chip technologies for Blue Future Graphene Group.

Thus avoiding obstruction from powerful competitors.

In other words, not getting choked.

As for the exploration and research of cutting-edge technologies in the field of life sciences, in terms of technical difficulty, it even surpasses chip technology.

This kind of exploration typically yields no results.

There used to be a saying in the medical industry, which was the double 10.

That is, developing a new drug requires 10 years and costs a billion US dollars.

However, times have changed, as the pharmaceutical industry grows more mature, the difficulty of developing new drugs is increasing.

The old double 10 no longer suits the present, it has long become a thing of the past.

Take a certain company as an example, they have been developing a new drug for 10 years, and the economic cost is 3 billion, which amounts to over 20 billion Daxia Coins.

Yet, they still haven’t achieved any significant results.

The exploration in life sciences is entirely like crossing a river by feeling the stones, what lies ahead, no one knows.

So for this project, Luofeng also didn’t expect anyone to be willing to invest money.

Luofeng can only invest himself.

But Luofeng is not afraid, Luofeng has something that others don’t, which is the system-provided resources, including the wintergreen fruit, millennium ginseng, golden Taisui, and so on, all of which can be used for research.

After Luofeng showed reliability to Tangya for a bit, he sighed and said, "Auntie, do you understand now? Our money, when placed in Fengshun Investment, might gain greater returns, but when placed in life sciences research, it’s impossible to see any future!"

In other words.

Luofeng has money himself, but his money needs to make more money.

Then he can only borrow.

This excuse is also Luofeng’s repeated persuasion to Tangya.

Tangya outwardly acknowledged Luofeng’s explanation.

But she still understood internally.

Why can’t Luofeng borrow the billion from anywhere else, why specifically from Tangya’s bank? And even wants Tangya to handle this project?

There’s only one possibility, this woman is someone he wants to help.

Of course, Tangya knows that Lufo under his name owns a bank!

"Given the uncertainty of the life science research project, this loan should be quite complicated to review, so Auntie, how should we proceed?" Luofeng asked.

"Handle it according to normal loan procedures!" Tangya replied, "Our bank only needs to consider one thing, which is the safety of the loan. No matter what the borrower plans to do with the money, as long as you can repay it, then everything is not a problem!"

In other words.

The bank doesn’t care what you do with the money.

As long as you can repay.

Then the loan can be granted.

Examining the project where the money is invested is only to ensure repayment capability, to see what exactly is being invested, whether there’s a prospect, whether there might be a complete loss, or even if there’s a loss, at least some of it can be recovered.

These are situations the review will consider.

But if the borrower has strong repayment ability, then none of those concerns are issues.

Luofeng understood Tangya’s meaning, if handled through normal loan procedures, then collateral is necessary.

This is certain.

After all, it’s a billion or so, while the bank believes in credit, in the bank’s eyes, credit is essentially collateral.

If you have collateral, you have credit.

No collateral, no matter how good the credit, isn’t trusted.

However, the situation at Qili Bay is more special.

Qili Bay is located on the outskirts of Shanghai.

The land is relatively cheap, and there is a poor circulation situation.

So Qili Bay’s land is basically not usable as collateral.

For such a situation, Luofeng certainly has a solution.

"Since we’re going through formal procedures, Auntie, I plan to open an account at your bank and deposit 1.1 billion as a term deposit, then you give us credit lending of one billion? How does that sound?"

A term deposit is obviously the best collateral.

Especially when it’s stored at their branch as a term deposit.

That definitely adds a touch of a great collateral.

"No problem at all!" Tangya sighed.

Luofeng even considered depositing an additional 10 million.

Luofeng just mentioned the rational use of funds, and now immediately takes out more funds merely to help her complete the task.

"How about signing the contract this afternoon?" Luofeng suggested.

Since Luofeng has gone this far, how could Tangya refuse?

"Alright!" Tangya nodded.

"Then let’s eat first, after lunch we’ll head to your bank and handle the contract details, and sign the contract directly!" Luofeng added.

"Alright!" Tangya agreed again, nodding.

For some reason.

In an instant she had a thought.

That is when Luofeng came to the house.

She shouldn’t have offered the hot brown sugar water to show her stance.

She doesn’t know why, but a slight sense of guilt grew within her heart.

This is Luofeng’s method, a gentle boiling of the frog.

Approximately half an hour passed, they finished their lunch, Luofeng, the big eater, still had an appetite even though he ate breakfast, with no sign of it noticed by Tangya.

The two drove back to the bank.

[Seeking monthly tickets and recommendations, everyone who has monthly tickets can send them my way, thank you, I’m appea...