Chapter 89

Chapter 37: Loan of 100 Million

Mayor Yu held Lin Feng in high regard. Although the recent events had caused a storm in the city and nationwide, they were all beneficial to Lin Feng, a young entrepreneur from Chushi. If it weren't for the conflict with the national environment, Mayor Yu believed the state would certainly provide strong support to Lin Feng's Start Fast Food.

Unfortunately, what a pity!

Lin Feng was naturally unaware of Mayor Yu's thoughts. However, he was considering whether to take the opportunity to ask the highest administrative leader of Chushi for some benefits. Of course, these would be legitimate benefits, not something underhanded.

Suddenly, Lin Feng recalled the helpless expression on Ma Huateng's face when he left Chushi, and a flash of inspiration struck him.

"Mayor Yu, I have another request, and I hope you can help me," Lin Feng said without avoiding Meng Dong. With Meng Dong present, asking Mayor Yu for help with the loan would not invite gossip.

Mayor Yu was slightly taken aback and smiled, "Mr. Lin, please speak up. As long as it doesn't violate party discipline or principles, I will do my best to help."

"Hehe, I certainly won't make Mayor Yu commit any mistakes. I just want to take out a loan, but the bank's loan procedures are cumbersome, and I need to get the loan in a short period. That's why I'm asking for your help," Lin Feng said, raising a glass of wine to Mayor Yu.

"How much do you want to borrow, Mr. Lin?" Mayor Yu laughed heartily. The loan matter indeed did not violate any principles and could also be seen as bringing business to the bank.

"100 million." Lin Feng thought for a moment and boldly said.

This amount was absolutely astronomical for Lin Feng. Although he knew that the 5% share of Tencent and the shares of Dangdang.com would be worth billions in the future, the thought of 100 million spread out on a table made his mouth dry.

"100 million!" Mayor Yu and Meng Dong both drew a sharp breath.

They were not surprised by the amount of 100 million. Although Chushi was a small city, loans of 100 million had been made a few times. For them, especially Mayor Yu, it was not a particularly large amount. What truly surprised them was that Lin Feng, at only 20 years old, could say 100 million without blushing or hesitating. Such courage truly left them in awe.

"Mr. Lin, 100 million is not a small amount. I shouldn't pry, but I hope you can be honest with me. What do you plan to do with this 100 million?" Mayor Yu's question was not entirely appropriate, but he genuinely feared that Lin Feng might run away with the money or do something else, ultimately turning the 100 million into a bad debt. Such incidents had happened nationwide, and Mayor Yu did not want Chushi to experience it, especially with Lin Feng, a rising star in the business world. He feared that Lin Feng might make a wrong decision due to a momentary lapse in judgment.

"Hehe, Mayor Yu, I plan to use this money to expand Start Fast Food nationwide and compete directly with McDonald's and KFC, providing the nation with safe and healthy fast food." Lin Feng naturally did not tell the truth, but Mayor Yu and Meng Dong were not business people. Moreover, his fast food stores had both franchise and direct sales models, so he could say he planned to operate directly. As long as he could repay the loan, they could not say much even if his funds were used elsewhere.

Mayor Yu and Meng Dong were deeply impressed by Lin Feng's ambition, completely unaware that they had been played by him.

"Alright, Mr. Lin, I'll help you contact the Bank of China tomorrow." Mayor Yu sincerely hoped that Chushi could produce a nationally renowned entrepreneur and a top 500 company, which would greatly benefit Chushi's economic development.

"Thank you, Mayor Yu. Here, Mr. Meng, let's drink!" Lin Feng was naturally extremely excited. Although he had endured some humiliation during this meal, he had gained a reduction in taxes and solved the funding issue for purchasing Ma Huateng's 5% shares, which made him very satisfied.

It must be said that with high-level support from the government, the efficiency of handling matters was indeed fast. The next day, Lin Feng received a call from the branch manager of the Bank of China in Chushi to discuss the loan.

After meeting, with Mayor Yu's support and Lin Feng's rising fame, everything went smoothly. The only issue was the collateral. Whether it was Chufeng Network City, the current Start Fast Food, or even the flower tea processing plant, none of them were sufficient to secure a 100 million loan. In the end, with Mayor Yu's special authorization, Lin Feng used his 5% share of Tencent as collateral to secure a 100 million loan.

This entire process took less than 10 days, which would normally take several months.

After obtaining the loan, Lin Feng flew directly to Shenzhen. At this point, Ma Huateng was in a dire situation, with the company's working capital almost depleted. Without additional funds, not only could he not increase the server capacity to handle the growing traffic, but he might not even be able to pay the employees' salaries.

Lin Feng's arrival with 50 million in funds was a timely relief for Ma Huateng. Without much ado, Ma Huateng signed the equity transfer agreement for Tencent with Lin Feng.

When the IMH Group learned of this, they were furious. Xia Qianhe, the son of the IMH Group's president, was reprimanded by his mother for failing to acquire Lin Feng's 5% share of Tencent and instead allowing Lin Feng to gain an additional 5%. His mother ordered him to return quickly and not to embarrass the family.

What was Xia Qianhe doing at this time? For the past half month, since seeing Lin Feng provoke McDonald's and KFC, he had been traveling around the Chushi area with peace of mind. In his view, provoking these two global 500 companies would only lead to one outcome—bankruptcy.

However, while enjoying himself on Peach Island in the Weishui Scenic Area, a call from his mother woke him up. Only then did he realize that Lin Feng had not only avoided trouble but had also gained national fame, becoming a household name.

While being scolded by his mother, Xia Qianhe blamed Lin Feng for all the humiliation. After repeatedly assuring his mother that he would definitely acquire 10% of Lin Feng's shares, he returned to Chushi that night with all his bodyguards, ready to launch a comprehensive attack on Lin Feng.

However, the Lin Feng who had grown over the past period was no longer the same Lin Feng who could only fight or endure Xia Qianhe. With the current resources and influence in Chushi, Xia Qianhe's attempts to harm Lin Feng might just be a delusion.

After signing the important agreement that would significantly increase his future net worth, Lin Feng toured Dangdang.com, treated over a dozen employees to a meal to strengthen their morale, and then returned to Chushi. With 50 million still in hand, Lin Feng did not intend to waste it. The initial 100 million loan was for the following plan.

After the Ma Huateng financing incident, Lin Feng realized how poor he still was. The final resolution of the oil gate incident also made him realize that his current status was still insignificant. If his company could enter the global 500, he believed the state would provide better treatment.

In short, this world is very realistic, and everything is decided by strength. To avoid being bullied, one must strive to rise.