Return to 88: Starting from Marrying My Sister-in-law

Chapter 568: Prepare to spend money to solve the bottleneck problem [ask for monthly ticket]

Pengcheng, New Century Group’s temporary headquarters, chairman’s office.

"Boss, are we still going to participate in this year's CCTV Advertisers Autumn Recruitment Fair?"

Xu Siqi walked in with documents in her arms.

He came to Lu Yang's desk, put down the documents, and took out an invitation letter from the pile of documents. He pinched the edges of the invitation letter with both hands, gently placed it on the table, and pushed it in front of Lu Yang.

Lu Yang raised his head and glanced at the gold-plated invitation.

With a half-smile, he said, "You want to use this as an excuse to go see your good sister, right?"

Xu Siqi stuck out her tongue.

Her face was slightly red, and she crossed her hands under her belly, counting on her fingers and said, "Boss, you guessed it again, so are we going or not?"

Lu Yang shook his head.

Ignoring her cuteness, he continued to look down at his documents. When he finished reading the document in his hand, he looked up and said, "Companies under the group can go, but I, the CEO, will not go. If you want to go... well, you can go too. As a representative of the group headquarters, remember to only watch and talk less. Just be my eyes. Do you understand?"

A few days ago, Jiang Wanli had already routinely informed him, the major shareholder of Wanyan Company.

At this year's CCTV Advertisers Autumn Recruitment Fair, Wanyan Company is determined to win the bid.

There are several companies under his group, such as Little Prodigy, Little Talent, and even Meister Clothing Company, all of which will send people to participate in this year's CCTV Autumn Recruitment Fair. Although it is impossible to spend money in vain to get the highest bid, it is very necessary to get some marginal advertising positions to maintain brand value and keep their own brand's continuous exposure.

It belongs to spending little money and doing big things!!!
Then why did Lu Yang attend in previous years but not this year?
It's very simple. In previous years, these two companies were aiming for the highest bid for the little geniuses and prodigies.

It can really boost his morale and give him a good look.

And this year, because Jiang Wanli had given him a heads-up in advance, Lu Yang would definitely not use his other companies to compete with Wanyan Company for the bid winner, slapping himself on the right cheek with his left hand. So if nothing unexpected happens, Jiang Wanli will have a great chance of representing Wanyan Company to win the CCTV bid winner this year!!!
If Lu Yang still chooses to participate even though he knows this situation will happen, wouldn't that be tantamount to flattering Jiang Wanli?
What's the point of being a supporting role? That's why Lu Yang definitely won't participate.

Xu Siqi lowered her head, playing with her fingers out of boredom. She waited for a long time, but Lu Yang never spoke.

My heart was lifted up.

Thinking that the boss would definitely not agree this time, I made an appointment with my bestie to meet at the CCTV building. This time, taking advantage of the CCTV advertisers autumn recruitment meeting, the two sisters went to tour the Beijing University campus again and reminisced about their youthful college days a few years ago.

"Wow, wow, wow, I'm so pitiful. The government-funded trip I've been waiting for is going to be ruined again. What a bad boss, what a stinky boss!!!"

She pouted and her face sank.
At this moment, Lu Yang suddenly agreed that she could go to the headquarters on behalf of the group. She only needed to be a good eye for him as the chairman. She immediately raised her head in surprise and said, "Really? Boss, you are so kind."

After she finished speaking, she covered her mouth. Seeing that Lu Yang ignored her, she quickly closed her legs and said dutifully, "Boss, don't worry. I am your soldier. I will definitely be your eyes and supervise the people below to prevent them from wasting your money."

"get out!"

Lu Yang said unhappily: "Remember to close the door."

It is true that the chairman's secretary is the chairman's eyes. Lu Yang sent Xu Siqi there with the intention of letting her supervise the bidding of several branches to prevent them from undermining each other.

But don't say it!

It's meaningless if you say it out loud.

It’s a bit like Lu Yang particularly distrusts the CEOs of his many subsidiaries.

Xu Siqi gently raised her hand and slapped her own mouth, then said with a playful smile, "As you wish."

She didn't take it seriously.

Being scolded by her boss was a common occurrence for her, just as she often cursed Lu Yang in her heart as a stinky boss or a bastard boss. Hehe, they were just nicknames of affection. If she didn't curse him for a day, she would feel uncomfortable.

"Oh, I can finally take a vacation. I'm going to fly to Beijing to date my sisters."

"Stinky boss, I'm tired of seeing your face. You're still afraid of me? If you scold me again, I won't come back."

"Hehe, it's more comfortable to be with Sister Mingzhu. Sister Mingzhu is now a famous program host on CCTV."

"Wow, I'm so looking forward to it!"

"This time when I go there, I can use CCTV's recording equipment again.

"Oh, and you can also go crazy on their big stage for free."

"Oh, I really want to quit my job and become a host."

"Lululu, you stinky boss, your secretary has already had second thoughts."

While Xu Siqi was thinking about these messy things in her mind, she tiptoed out of Lu Yang's office.

As soon as he got out of the door, he started jumping up and down, even raising his hands and waving them.

Obviously he has let himself go.

At the workstations she passed by, everyone looked at her with attention. Some were envious, some secretly looked down on her, and some thought: I can replace her.

I’m not bad looking. I have a good figure and breasts. I’m cute and have breasts. I’m beautiful and have breasts. Why can’t the chairman see that?
Xu Siqi's appearance is very good. Among the female employees in the head office, except for Wei Shujie, who has long legs and is already married and just gave birth to a child, there are very few who can match her in appearance or even slightly close to her. However, Xu Siqi also has a big flaw. If she gets married and has children in the future, she might let the children starve. The female employees in the company are not as good as her in other aspects. When they feel jealous, they often use this flaw of hers to give themselves confidence.

"Sister Wei Shu, please come to my office."

In the chairman's office, the document in Lu Yang's hand was actually a financial statement, which detailed the company's recent income and expenditure. After reading it, he called the president's office.

After Sister Wei Shu comes.

Lu Yang handed the organized documents to Sister Wei Shu and said, "The head office has received two consecutive payments recently. We are not short of money at the moment. In addition to the advance payment for the construction of the group building, I want to find something else for the head office to do. Sister Wei Shu, do you have any ideas?"

The design and construction funds for the group headquarters building that Lu Yang had promised to invest in from the Pengcheng Municipal Government were 10 billion yuan. Lu Yang took out 9000 million yuan in one go, and later sold all of his Vacuum Electronics stocks at the end of the year. Together with the year-end dividends from some branches, a total of 5 million yuan was transferred to the group headquarters building.

Up to now, Lu Yang has allocated a total of 8.5 million yuan to build this skyscraper, which is the tallest in Asia.

Of course, the 8.5 million yuan has certainly not been spent yet, because according to the construction speed given by the contractor, if there is no funding problem and everything goes according to plan, the headquarters building will not be completed until the end of 1994. So this money is actually in the public account of the municipal government and their New Century Group, and not all of it has been transferred to the contractor.

According to the original contract, even if the building has been topped out and completed, Lu Yang, as Party A, only needs to pay 80% of the payment to the contractor, China Construction Third Engineering Bureau.

The remaining amount is 20%.

One part is the project acceptance payment. After the relevant parties organize an expert team to conduct acceptance and meet the original design requirements, the parties jointly sign a responsibility commitment letter. At this time, as Party A, Luyang Company will pay the 10% payment.

There is also the final 10%, which is a quality deposit that needs to be paid after the skyscraper is put into commercial operation for 1 to 5 years, provided that no quality issues arise.

Therefore, Lu Yang actually no longer needs to deposit any more funds into this public account.

With 8.5 million yuan in project funds, once this 8.5 million yuan is spent, it will basically be enough for the contractor of the entire building project to complete the construction to the topping-out stage.

Entering the final acceptance stage.

During this period, in order to ensure the smooth operation of the company headquarters, Lu Yang actually only needs to ensure that there is a cash flow of more than 100 million in the company headquarters' account at all times, which is enough to ensure that any branch company will not encounter any problems in its operations, and will be able to resolve any problems that occur.

Wei Shu, who was wearing a small suit, took the report from Lu Yang, glanced at it and said, "The group has indeed developed very well recently. There is a lot of money in the public account. If it is not used, it would be a bit too wasteful to spend some of it. As the president, I have a responsibility. It is my dereliction of duty. I should apologize to you, the chairman."

Lu Yang raised his head and glanced at her bulging chest, then quickly looked away.

He evasively said, "How can I blame you? You just gave birth to a child, and you should have focused on your family. If I really couldn't leave you here, I wouldn't have the heart to let you come to work in the company right after your confinement. How about this, I'll think of a way to spend this money."

In recent times, the head office has received shareholder dividends from Xiao Shentong, plus the sale of 15% of Xiao Shentong shares to Pengcheng Hi-Tech Investment, a local state-owned enterprise, which has brought the head office a total of 3 million in just a short period of time.

Such a large sum of money has been lying in the bank account of the group headquarters. It can only be used to earn some bank interest when it is spent, which is definitely a huge loss.

Wei Shu nodded and agreed with Lu Yang's idea, but she was still a little confused about what Lu Yang would do.

"We can just leave 100 million in the head office account for emergencies. We still have nearly 300 million in funds, and I'm afraid it will be difficult for us to spend it all in a short time."

"Boss, do you have any ideas?"

Wei Shu was also thinking about it secretly.

But after thinking it over and over, she could only come up with two ideas!

The first idea is to use it to buy a house!
Right now, housing prices in many first-tier cities in China have risen sharply, and real estate has begun to show a trend of becoming a pillar industry. If the group now spends money to hoard a batch of houses in major first-tier cities across the country, it can not only treat them as fixed assets, but also look forward to their appreciation in value, and perhaps even use them to make a lot of money in the future.

The second idea is to use them for stock trading.

The group headquarters now has a branch company, which already has a financial securities company. Moreover, this financial securities company was established quite early. It was the first company that the chairman prepared locally when he went to Shenzhen. It is full of college students. The first batch of team members were all from Yangcheng University, and they were Wei Shu’s classmates.

This financial securities company has been operating well in recent years.

She flipped through the company's financial statements. Initially, the chairman only gave 500 million yuan of funds to this newly established financial securities company, allowing these seniors to trade freely in the stock market. Now, this amount of funds has increased several times. Including the stocks currently on the stock market, their total value is estimated to have exceeded 2000 million yuan.

After a few years, after deducting all operating costs, it is obvious that the seniors have earned 500 million with the original 1500 million. This amount of money is already a lot, and it is enough to prove that there is still great potential in the financial securities industry.

Lu Yang smiled and said, "This money is a bit much. I plan to divide it into three parts. One part is about 100 million. I plan to give it to you to set up a real estate investment consulting company. We will not do anything else. We will buy a large number of potential houses in first-tier cities across the country. Then, in order not to waste resources, we can also use them to collect rent. In the early stage, we can entrust them to real estate agencies in various places. As for the later stage, if we have more houses, whether to set up our own real estate agency, we will talk about it later."

Wei Shu nodded.

She thought to herself: Great minds think alike, and she strongly agreed with the chairman's suggestion.

Lu Yang continued with a smile, "As for the remaining money, I have thought about transferring some to the financial securities company below to give them some ammunition. Maybe our cash flow will still depend on this financial securities company in the future. However, the domestic stock market is still small and the amount of funds is too large. It is difficult to hide our tracks, and it is easy to be slaughtered if we are not careful. How about this, notify the company's finance department to transfer 3000 million to the financial securities branch. I still have a great use for the remaining money."

Wei Shu frowned slightly, thought for a moment and then said, "Chairman, it's a good thing for you to be cautious. The financial securities industry is indeed very complicated, and no one can predict the future. It's just that there is still a lot of money left. Chairman, you said that keeping it will be of great use. Can it be spent?"

Lu Yang nodded affirmatively: "I'll set up a research institute directly under the group headquarters. I'll spend 1 million every year to recruit people. This year is the first batch. Since the group headquarters building has not been completed yet, we need a temporary place to set up the research institute first, so I plan to invest 5000 million. And the focus has already been on the research direction. In the next few years, we will not do anything else but to conquer the decoding chip of our partners. If this can be done in a few years, it can solve a big bottleneck problem in the future. In the future, it can save our group at least tens of billions every year. Do you believe it?"

The decoding chip in the VCD player is definitely much easier to develop than those future mobile phone chips, and its accuracy is also incomparable. But it is crucial and we can't live without it. Why does Sun Yansheng dare to charge 1200 for a chip?

It's because it's unique.

As long as another decoding chip of this type that can integrate image and audio appears on the market, its ex-factory price will immediately plummet. And it will not just plummet a little bit, but it may directly plummet by 90%. It has historical experience, and Lu Yang knows this very well.

Of course, it will appear later, especially the localization, which may take until around 2000. Lu Yang's current layout is to hope that it can be localized earlier, forcing all chip manufacturers in the world to lower prices together.

Since you can do it, why not do it?

It’s only one hundred million yuan a year. Let’s continue investing in it for a few years. Even if we don’t see any effect, Lu Yang can afford the loss.

(End of this chapter)

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