<h4>Chapter 551: Chapter 551 Indeed There’s a Problem!_1</h4>


    "What did you say?" Li Feitian couldn’t help but frown as he looked at Bai Xiaosheng.


    Yes, he had brought a new product with data to Bai Xiaosheng for a "wager". For this, he had even called Zhou Ping to act as a witness.


    However, this thing was not so simple that one could just look at it and analyze it—was a human brain supposed to be aputer?


    This stack of materials was filled with data and models, extremely professional content.


    Even professional actuaries might not be able to fullyprehend it in a short amount of time.


    On this point, Li Feitian was actually being a bit shameless.


    He even worried that Bai Xiaosheng would question the fairness and wouldn’t dare to bet.


    But to his surprise, Bai Xiaosheng epted it!


    This made Li Feitian very happy.


    Because next, Bai Xiaosheng could have one of three reactions: understand, not understand, or talk nonsense.


    If he understood, it was impossible for him to spot the problem immediately.


    If he didn’t understand, that meant conceding defeat, and he’d have to honor the wager, looking after Tianfu Wealth Management’s business interests to some extent. As long as a purchase was made, even if it was only for one dor, Li Feitian could heavily promote it, especially since the purchasing party was Zhongjing Media!


    If Bai Xiaosheng talked nonsense, Li Feitian would expose him, mocking him in front of Zhou Ping, reiming the face he had lostst time.


    When all was said and done, he was always going toe out ahead.


    Li Feitian felt quite pleased with himself.


    But unexpectedly, Bai Xiaosheng just flipped through it once and told him that he was in big trouble.


    He spoke as if it were really true!


    "Oh really, what’s the problem then?" Li Feitian looked at Bai Xiaosheng and scoffed.


    Whether there was a problem or not, he had taken a long time to make sense of it himself, and he did not think there was any major issue.


    Even if there were, it was deeply hidden, not easily detected by those in the industry...


    At this moment, Bai Xiaosheng, the "expert", could find the problem just by casually flipping through?


    Li Feitian clearly stated his attitude: he did not believe it!


    "Mr. Bai, is there really a problem with this?"


    Different from Li Feitian, Zhou Ping sincerely looked at Bai Xiaosheng, humbly seeking guidance.


    This product had been submitted to the province as an innovative achievement and had just passed the review a few days ago; it was evenunched into the market. If there was really a major issue, it could be big or small.


    If the provincial authorities discovered it and med them, it would be a big problem.


    It might even affect Tianfu Wealth Management’s application qualification!


    Zhou Ping, as the son of Zhou Yifa, naturally took this matter very seriously.


    Bai Xiaosheng kept a calm demeanor.


    Originally, he had nned to speak up. After all, they were rtives, and he wouldn’t keep it to himself if there was a big problem. Seeing Li Feitian’s attitude, however, he suddenly lost the interest to exin.


    However, he couldn’t resist Zhou Ping’s earnest inquiry.


    Bai Xiaosheng sighed and, to simplify things for Zhou Ping, said, "Let me put it simply for you. This product doesn’tply with the regtory requirements for insurance products that wille into effect in the middle of this month in Anjiang Province. The policy content has been published already and can be found online; you can take a look. Moreover, this insurance product has an unreasonable calction of cash value, with an uneven cash value curve, which doesn’t align with actuarial principles. This irrational calction amounts to a covert breach of regtory mandates!"


    "In short, it’s problematic, and in a few days, it will be illegal!"


    Bai Xiaosheng had put it as simply and directly as possible.


    With the help of Red Lotus, he couldn’t just pinpoint the insurance product’s issues but also verify itspliance with local regtions.


    Unfortunately, it does notply!


    Zhou Ping still didn’t understand, fully confused.


    But he knew what Bai Xiaosheng meant: the product was nonpliant, and seriously so!


    Zhou Ping’splexion changed.


    "Don’t talk nonsense!" Li Feitian’s face turned cold, and he said with great displeasure, "Don’t think just because you know a bit about actuarial science that you can pretend to be an expert! Do you understand our industry? In our field, it’s extremely difficult to innovate! Regtions are fixed, but humans are adaptable. We haven’t broken the rules; we’re just ying near the edge, do you get it? And here you are, babbling nonsense!"


    Bai Xiaosheng gave a faint smile, making no attempt to refute.


    "Feitian Brother, there really is a vition in this!" Zhou Ping stared at Li Feitian and said earnestly.


    Li Feitian’s words seemed to admit something.


    "Not at all! Don’t listen to his nonsense. We have a handle on this!" Li Feitian said hastily.


    Zhou Ping looked at his old friend expressionlessly and reached for his phone.


    "This matter is of great importance; I need to report to my father."


    "Ah, why bother with this? It’s just a small issue. Why rm Secretary Zhou?" Li Feitian said with a forced smile, reaching out to stop him.


    "I must make this call!" Zhou Ping’s voice turned cold as he looked at Li Feitian and spoke loudly.


    Li Feitian’s smile stiffened, and he gave a helpless smile.


    "Alright, alright, make your call."


    Zhou Ping dialed and answered the phone with a serious expression by his ear.


    During this time, Li Feitian couldn’t help but re at Bai Xiaosheng.


    All because of this meddler spouting nonsense!


    Bai Xiaosheng acted as if he hadn’t noticed.


    "Hello, Dad, it’s me!" Zhou Ping got through and walked to a corner, whispering the situation here to his father.


    "Alright, alright, I got it!" A momentter, Zhou Ping came back with the phone and handed it to Li Feitian.


    Li Feitian eagerly took it and said with a forced smile into the phone, "Secretary Zhou, really, this matter isn’t thatplicated. We were just..."


    Li Feitian’s words stopped abruptly, hisplexion looking a bit unpleasant. Then he nodded, "Oh, okay, alright!"


    Zhou Yifa on the phone wanted all the documents and data rted to this product, and he told Li Feitian explicitly that these materials would be sent to his professor friend at Anjiang Province University of Economics for analysis.


    Li Feitian opened hisputer and sent the files over.


    Then came an unbearably long wait.


    During this time, Zhou Ping chatted with Bai Xiaosheng.


    Seeing Li Feitian’s expression, Zhou Ping knew that the product might indeed have issues as Bai Xiaosheng had said. With suchplex data and models, it was incredible that Bai Xiaosheng could spot the problems at a nce.


    Zhou Ping was in awe of Bai Xiaosheng.


    In fact, with the assistance of Red Lotus, no matter howplex a model derived from the data, even ten times more, was a piece of cake!


    As they waited, Li Feitian’s expression became increasingly uneasy and anxious.


    An hourter, Zhou Ping’s phone rang.


    Once connected, Zhou Ping turned on the speaker and set it to maximum volume as instructed.


    Clearly, Zhou Yifa knew who could hear on this end, which is why he did this.


    "Li Feitian, this product is nonpliant!" The first sentence that came from the phone was Zhou Yifa’s stern rebuke.


    "Yes, yes, we will find a solution as quickly as possible!" Li Feitian immediately responded.


    Denial or making excuses in the face of Zhou Yifa’s anger was certainly not a wise move!


    Li Feitian was very tactful, disying the right attitude from the get-go.


    As expected, the tone on the other end of the phone softened considerably.


    "The city’s pressure is intense, and you are facing difficulties; I understand that. This can’t all be med on you. There are indeed grey areas in the insurance industry, but Li, we aim to set a benchmark. We must be strict and thorough; we cannot let our guard down!" Zhou Yifa taught earnestly.


    Li Feitian broke out in sweat on his forehead, repeatedly agreeing.


    Zhou Yifa lectured for quite a while, then suddenly changed his tone, speaking very politely, "Mr. Bai, I thank you for spotting the issue and alerting us in time. You have done Tianqing a service. However, I would ask that you keep this matter confidential!"


    Bai Xiaosheng was taken aback.


    Was Zhou Yifa trying to cover up the problem?