Chapter 222: Beidu Bank
"That's about all the information you have. As for Shirakawa Electric, I won't go into details here.
Finally, I would like to remind everyone that Yuhou Bank faces the risk of a broken capital chain at any time.
Please make a decision early. The longer you delay, the more dangerous the situation will be."
Ueda Cheng closed the documents in his hand and looked at the people below with an expressionless face.
Just yesterday, Kikuji Sasaki brought Shirakawa Kaede to visit him and Tsuyoshi Motoyama secretly again.
Without mentioning other conditions, Baichuan Feng directly took out an anonymous check and placed it in front of him.
There was no name or quota, and facing this dual attack from both political and financial aspects, Zhitian simply surrendered.
He made up his mind and filled in the amount on the check directly, which was almost the same as the assets he had in Yuhou Bank.
Facing his offer, Baichuan Feng said directly, "Zhitian-san, please remember your promise."
So Chida took a huge sum of money and still retained his shares in Ugo Bank.
The condition is to help Shirakawa Electric acquire shares in Ugo Bank and take the initiative.
Anyway, the Yuhou Bank is a mess, and no one can do anything to anyone. Now it's not a bad idea for a strong man to come.
Besides, it was not his own shares that were being moved, so Zhitian agreed without hesitation.
"Mr. Ueda, is Ugo Bank going to be taken over by outsiders?" a middle-aged man below asked back with some doubt.
Ueda Cheng glanced at him and said, "Then can Masuda-san raise 30 billion yen for Ugo Bank?"
The middle-aged man's expression froze, his lips moved, but he didn't say anything in the end.
"The Queen is facing the current situation, so it's not a bad idea to inject some fresh blood."
Tsuyoshi Motoyama on the right also came out to express his views at this time.
“It has been more than 80 years Although the Queen of Feathers has made some progress, the scale is still a little behind.
Although nominally the second largest bank in Akita, you and I all know that Ugo Bank's total assets are more than twice that of the first-largest bank, Akita Bank.
Such a huge gap cannot be overcome by the Queen herself.
Therefore, if you want to make further progress in your career, choosing the financially strong Shirakawa Electric is also a good way.
The other party's influence in Tokyo is much greater than that of the U23 team, which is very helpful for the U23 team to expand its influence in Tokyo.
Besides..." Benshan Gang paused, "Shirakawa Fengsan is not an outsider either, he is a native of Akita.
Can you find a more suitable and powerful investor than this?"
Everyone in the conference room had different expressions. Some looked disdainful, some were expressionless, and some were thoughtful.
"I still find it unacceptable for a country boy to lead Yuhou Bank in the future."
The pot-bellied Kumeda was unmoved. He looked down on Shirakawa Kaede's nouveau riche experience.
"Kumeda-san is right. It is an absolute shame for the Ugo Bank to be handed over to a young boy."
Matsuken, who usually doesn't get along well with Kumeda, actually took the initiative to stand with him at this moment.
This had to be said to have surprised everyone in the conference room.
In addition to the two of them, there were a few people who looked disdainful. Although they didn't say anything, their attitudes said it all.
"Everyone, let me remind you again. It is not Shirakawa Electric that is seeking cooperation from Yuhou Bank.
But if Yuhou Bank does not find a large amount of cash flow, the consequences will be unpredictable."
Ueda's face turned slightly colder. It was one thing for Uehara to seek a breakthrough in future development, but it was also a fact that she urgently needed to inject a large amount of funds.
It was their own greed that caused them to embezzle most of the bank depositors' funds.
As a result, the investment has failed, a large amount of loans have been made, and there is a huge amount of compensation to be paid.
If the remaining deposit is touched, Queen Yu might be in real danger.
These guys still don't understand this point. Do they really think that others cannot do without you?
"Let's raise our hands for a vote. Please raise your hands if you agree that Shirakawa Electric will increase its investment in Yuhou!"
After saying this, Ueda raised his right hand first, followed by Motoyama Tsuyoshi.
There are a total of fifteen shareholders in Yuhou Bank. If two-thirds, or ten, agree, the vote will be passed.
As Ueda Cheng and others raised their hands, four others immediately followed suit.
They are the rational shareholders and are very clear about the current situation of Queen Yu.
This is not the time to care about family appearances; the first goal is to ensure Queen Yu's survival.
And what Motoyama Tsuyoshi said was right, after all, Shirakawa Kaede is one of Akita's own.
Compared to a real outsider, he is undoubtedly more attractive.
As six votes were cast, three of the remaining people hesitated for a moment and then raised their hands one after another.
They don't care who will lead Yuhou Bank in the future because they plan to leave this broken ship.
It has been 40 to 50 years since the family invested in Yuhou, but so far the profit that Yuhou has brought to them is very little.
Now they are facing a business crisis, and someone happens to be willing to buy their shares at a high price.
That's great, just go all in. Investing a large sum of money in the stock market is also another way to manage your finances.
Compared to any equity, real money is more tempting.
Nine out of fifteen is already very close.
At this time, the opposition's faces were already very ugly, but they finally maintained their demeanor.
Although it is close, it is still a little bit off.
But at this moment, Ueda focused his attention on the two remaining people in the corner.
Kumeda and others' expressions changed and they wanted to say something.
But before they could speak, the two men raised their hands hesitantly under the gaze of Ueda Cheng.
"Ono! Okubo! What did you two promise yesterday? Traitors!"
Kumeda, who was furious, stood up and cursed at the two guys in the corner, pointing at their noses.
"Kumeta-san, please be careful with your words! Everyone here has the right to vote independently, so please don't dictate the choices of other shareholders."
Ueda sprayed Kumeda back without hesitation. Why is he still making a fuss at this time?
As for the last two, they are the wavering ones.
You don't even need to offer them benefits to deal with them, just use coercion, inducement or intimidation.
Since ancient times, those who are weak-willed and compromisers are the easiest to deal with.
They don't even need to set conditions, they will fill in the blanks on their own.
So Ueda was not surprised by this ending.
Now that the outcome has been decided, Ueda also stood up and announced that the vote had passed.
Ugo Bank will formally discuss cooperation matters with Shirakawa Electric.
Without waiting for Ueda to finish his words, several people led by Kumeda slammed the door and left with cold faces.
Looking at their backs, Ueda sneered secretly.
There will be no place for you in Queen Yu anymore, and someone will take care of you.
…
In mid-January, the three parties of Shirakawa Kaede, Sasaki, and Ugo gathered together again.
This meeting room is more spacious and more formal than the last one.
All together there were about forty or fifty people attending the meeting.
"Mr. Shirakawa, Ugo Bank is looking forward to cooperating with you.
All of our shareholders also warmly welcome Mr. Shirakawa to join us and sincerely invite you to serve as the chairman of Ugo Bank."
Ueda signed the last name on the contract in his hand, put down the pen and started chatting cordially with Shirakawa Kaede.
"Shirakawa is also honored to be able to cooperate with the pillar bank of his hometown.
As for the position of chairman, it will of course be voted on by all shareholders.”
Baichuan Feng stamped his name on the contract and a gratified smile appeared on his face.
"That's right, that's right," Ueda nodded hurriedly in agreement.
In fact, what difference does it make? You will have the final say on who will be the Queen of Feathers in the future.
Although he thought this in his heart, Ueda showed respect on his face.
But finally the result was not too bad, and I got a generous reward.
Thinking about that amount of money, Ueda couldn't help but sigh in his heart, what a rich man he is.
Regardless of how Yuhou will develop in the future, at least we don’t have to worry about a financial crisis.
"Shirakawa-san, Ueda-san, now that the contract has been completed, why not go to the lobby and announce this good news to the public."
At this time, Kikuji Sasaki came to them with a young man and invited the two of them with a smile.
"Sasaki, you are too polite. You should speak first." Baichuan Feng glanced at the young man behind him and nodded slightly to him.
This is Eiji, the second son of Kikuharu Sasaki.
From today on, the other party will become a member of the shareholders' meeting of Yuhou Bank .
Zhitian, who was standing behind them, couldn't help but feel secretly envious when he saw Shirakawa Kaede and Sasaki talking happily.
This person's methods are also amazing. For a considerable period of time in the future, Yuhou Bank will enjoy various policy dividends and tax rate preferences.
"Mr. Ueda" Just as Ueda was distracted, Shirakawa Kaede's voice suddenly came from the front.
Ueda quickly stepped forward and said, "Shirakawa-san, what do you want?"
"Sasaki-san and I are discussing changing the name of Ugo Bank. What do you think, Ueda-san?"
Shirakawa Kaede said something that surprised Ueda in a casual manner.
"Uh" Ueda was stunned for a while before he responded, "I wonder what name Shirakawa-san wants to change to?"
As they were talking, Sasaki and the others also showed curious expressions, wondering what the name would be.
Baichuan Feng smiled and revealed the answer, "Kitado Bank!"
"Kitato Bank?" Both Ueda and Sasaki pondered over it.
"That's right," Shirakawa Feng nodded, "A name like Yuhou Bank is too localized and not conducive to dissemination."
Ugo is the name of a town in Akita City.
It is too petty to name a bank after a local street .
And Shirakawa Kaede changed the name to "Kitado Bank" with a very clear purpose.
In the next few years, we will spread the name of the Northern Capital to every corner of Hokkaido from Tokyo to the north.
Whether it is acquisition or merger, Hokuto Bank will expand its scale and exert its greatest influence.
Although it is just a small local bank now, it does not affect Baichuan Feng's fantasy, right?
No one had any objection to this name.
At least it is much more majestic than the original Queen of Feathers.
Then, surrounded by the crowd, Shirakawa Feng walked into the press conference room that had been prepared long ago and announced a series of changes to Yuhou Bank to everyone.
From today, Ugo Bank will be officially renamed as Kitato Bank.
Shirakawa Holdings acquired the original shares held by the seven shareholders of the former Ugo Bank and obtained 31.3% of the shares of the former Ugo Bank.
Needless to say, these seven shareholders, except for three who voluntarily withdrew.
The remaining few are all opponents. As for how they can obediently hand over their shares, that is not what Baichuan Feng cares about.
He believed that Sasaki and Ueda had their own ways. After all, this was something everyone knew.
The total amount of funds used for this part was approximately 14.2 billion yen, and the delivery was officially completed before the contract was signed.
Subsequently, in order to improve the operating environment of Hara-Ugo Bank, Shirakawa Holdings once again made a targeted capital increase of 50 billion yen to the bank.
Since the original net assets of Ugo Bank were 45 billion, Shirakawa Holdings acquired an additional 52.6% of the shares through this targeted capital increase.
However, the original 31.3% was diluted to 14.8%, so Shirakawa Holdings currently owns a total of 67.4% of the shares of Kitato Bank.
At this point, Shirakawa Holdings completed its absolute control over Kitato Bank.
The number of shareholders of Kitato Bank has also been reduced from fifteen to nine.
Oh, no, if you include the one from Sasaki Eiji, there are ten.
Shirakawa Holdings took over Kitato Bank, although Shirakawa Kaede served as the chairman.
However, this part of the power is temporarily exercised by Yu Arai.
The first thing Arai Yu did after taking office was to submit an application to the county office.
What application? Hokuto Bank hopes to launch foreign exchange business within this year.
Of course, this would require special review by the Ministry of Finance, but Sasaki would be in charge of this part of the process.
This is one of the conditions for certain things, and in exchange, Baichuan Feng also paid his own chips.