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Chapter 973: My territory is mine

In the media, the pension fund company is known as the number one financial group in China, no one else!

Pension fund companies are a very special existence in China. They have both the nature of an enterprise and the nature of a public institution.

At this time, pension fund companies have achieved nationwide coverage, and the country also has requirements, that is, all Chinese people must participate in pension insurance.

Starting from the age of 18, you will open a pension fund account, and what kind of insurance you pay depends on your own needs.

We are not fools. Looking at the old people who have reached retirement age and enjoying a peaceful retirement life with their pensions, naturally they want to give themselves a guarantee.

Moreover, pension fund companies have been continuously improving pension benefits in recent years.

The pension fund company has made a small internal change, which is the establishment of an internal management committee. Chen Huaiqing is the director of the management committee, and there is also an executive deputy director to preside over daily work.

There are also several deputy directors.

A total of nine people make up the top management of the pension fund company.

In normal times, Chen Huaiqing is not often with the pension fund company, so the executive deputy director has quite a lot of power.

Below the management committee are the various departments.

I won’t talk about administration, logistics, personnel, and finance, but especially the investment department, fixed asset management department, and senior care services department.

Needless to say, the Investment Department is responsible for leading various external investments, and the investments of pension fund companies are particularly extensive.

Pension fund companies all invest in the stock market, bond market, futures market, etc.

The other is investment in enterprises, private enterprises, state-owned enterprises, foreign enterprises. Anyway, as long as it is profitable, pension fund companies will invest in it.

Needless to say, the Fixed Asset Management Department manages the fixed assets of the pension fund company.

For example, antiques, gold and properties held.

Pension fund companies have too many fixed assets.

It is also more convenient to hand over management to a unified department.

The Pension Service Department is the core department of a pension fund company, and it is also the place where the nature of a pension fund company’s public institutions is most reflected.

Throughout China, every county has a pension fund company.

What people usually come into contact with most is the Pension Service Department, which is responsible for collecting pensions and disbursing pensions.

In addition, this department is also responsible for the nursing homes owned by pension fund companies.

In the latest asset report, the total assets of pension fund companies have exceeded 18 trillion.

Nowadays, pension fund companies can have a balance of more than 200 billion in pension insurance income and expenses every year.

Five years is one trillion, which means that the rest of the money comes from investment income.

In terms of investment yield, pension fund companies do not pursue high returns, but long-term stable returns.

Therefore, pension fund companies particularly like to invest in large-scale projects.

For example, the Three Gorges Hydropower Station.

The pension fund company has been extremely active in the construction of the Three Gorges Hydropower Station, saying that it can invest any amount of money.

Murtagh Energy seems to have a closer relationship with Murtagh Energy, but in fact the pension fund company is Murtagh Energy's largest shareholder.

Chen Huaiqing had already read various statistical reports of pension fund companies before.

In fact, the total assets announced by pension fund companies are not their real actual assets.

Because foreign asset statistics only include investment costs.

For example, if 100 billion is invested in Meta Investment, before the final redemption, the money will only be 100 billion on the pension fund company's statement.

There is a dedicated department at Meta Investments responsible for investing funds of pension fund companies.

Boom, boom, boom!

"Enter!"

"Director, are you looking for me?"

Chen Huaiqing motioned to sit on the chair in front of his desk, searched around on the desk, and handed a folder to Yuan Lu: "This is submitted by the Supervision Department, take a look."

The supervision department of a pension fund company is extremely powerful and has many people.

The assets managed by pension fund companies are simply too huge.

Money moves people's hearts!

Some people just can't help it.

Chen Huaiqing would not be used to these people.

To be clear, people working in pension fund companies are very replaceable.

No matter how many people are put on it, the whole system can continue to operate.

China lacks everything except people.

Under such circumstances, Chen Huaiqing would naturally not be polite to certain people.

Yuan Lu looked at Chen Huaiqing's dull expression and couldn't help but feel panicked.

Although Yuan Lu has a good family background and has now become the executive deputy director of a pension fund company, she still seems to lack confidence when facing Chen Huaiqing.

In the pension fund company, Chen Huaiqing was ostensibly bound by various systems he formulated.

But if you really believe that these things can restrain Chen Huaiqing, you would be too naive.

Within the company, in terms of power, Chen Huaiqing can be said to have unlimited power.

Whatever he wants to do, no one within the company can stop him.

Opening the folder, inside was a report from the Supervision Department on the Guizhou Branch.

The more she turned, the more shocked Yuan Lu was, and the turning movements of her hands gradually slowed down.

how so?

Yuan Lei, how could he do this!

Yuan Lei is Yuan Lu's younger brother and the head of the Guizhou branch of the pension fund company.

In the capital, there are naturally many official families of all kinds.

Some of them have established families in the new era.

The Yuan family is one of them.

"director……"

Chen Huaiqing stopped what Yuan Lu was about to say: "According to the company's rules, you will be suspended pending investigation. Go hand over the work to Gao Ming!"

Chen Huaiqing has never believed in the so-called "one person does things and one person is responsible".

Yuan Lei's ability to sit in the branch office has a great relationship with Yuan Lu.

In China, there is a saying that when you promote a virtuous person, don’t avoid relatives!

However, there are very few people who can really do it. Most of them are nepotism.

Chen Huaiqing is not opposed to taking care of relatives, but if he does, he must take responsibility.

For example, if something goes wrong with Yuan Lei now, Yuan Lu will naturally have to bear joint liability.

Chen Huaiqing has no bad feelings towards Yuan Lu. She is pretty good at what she does.

But you want Chen Huaiqing to protect her?

Sorry, Chen Huaiqing doesn't know how.

Chen Huaiqing has a certain degree of moral obsessiveness.

Of course, this moral freak doesn't dislike everything.

Chen Huaiqing doesn't like some things, but he won't say that he must forcefully change them.

On his own one-third of an acre, it must be according to his rules.

It is obvious that the pension fund company now belongs to Chen Huaiqing.

Yuan Lu opened her mouth, and she knew that it was useless to say anything now.

She also knew who Chen Huaiqing was.

The Supervision Department takes away many people every year and sends them to prison cells, and that is indispensable.

Even if it is sent in, it will not be let go.

What is even more egregious is that if the pension fund company suffers losses, it must compensate the company.

The court will also support the pension fund company's claims.
Chapter completed!
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