The Super Rich: Start from when the family business is about to go bankrupt!

Chapter 690 WPG's Unique Bald Eagle Entertainment Products! Distributor Conference: Penetrating the Upstream Supply Chain!
Strictly speaking, according to current tax regulations, if one obtains high-value items through purchasing blind boxes and then resells them, they will be required to pay corresponding personal income tax, specifically 20% of the profit difference.

Taking the example of opening two "Joyful" items from the Lunar New Year blind box at dawn, let's assume that the resale price of the two "Joyful" items is 55 Xia Guoyuan.

The corresponding tax payable is 55 yuan minus the 380 yuan price of the Spring Festival blind box. The remaining 54 yuan is subject to a 9620% personal income tax.

Although there are no strict checks on this kind of thing at present, it would still be a big problem if it were discovered!

After all, the Wugengtian Spring Festival blind box has attracted too much attention, and the first prize winner is very likely to be targeted by the tax authorities. Therefore, the Wugengtian Spring Festival blind box sales announcement reminded people of tax issues, and Anwuyang also reminded people of tax issues.

As for whether the winners have to pay taxes, An Wuyang doesn't care!
Since Wugengtian has fulfilled his obligation to remind people, any problems that arise afterward are not related to Wugengtian at all.

The night is getting darker.

An Wuyang didn't stay up late any longer; he put down his phone and went to sleep.

The following day, Monday.

When An Wuyang woke up around 8 a.m., he subconsciously reached out and touched the side of him, but did not find Xia Yuqing. Then he remembered that he was at home.

He was the only one at home today; An Huchun and Li Wenya didn't come home at all.

After An Wuyang went to university, were his parents finally free?
So you're going to enjoy your time together as a couple, right?
An Wuyang sent a message directly to An Huchun.

An Wuyang: Dad, remember to attend the dealer conference today.

However, Ankoharu did not reply to the message at all.

What was he doing at the dealer conference?
Busy!

The answer is always: busy at the R&D center!

An Wuyang didn't receive a reply from An Huchun, so he made a phone call directly.

This time it finally went through.

"What is it?" Anhuchun asked.

An Wuyang explained the dealer conference again, "Dad, can't you at least attend?"

"Why would I participate?" Anhuchun asked rhetorically.

“You can handle this yourself,” Anchu Chun calmly added.

"I'm a bit busy here. We've been quite busy with research on Korean ginseng lately. The conjugated triene structure in this phenolic substance is so interesting; it breaks through theoretical impossibilities," An Huchun exclaimed.

Anhuchun then complained, "Forget it, you wouldn't understand even if I told you!"

An Huchun didn't want to discuss academic matters with An Wuyang, because An Wuyang had nothing to discuss with him, as he hadn't understood An Huchun's meaning at all.

After all, theoretically speaking, the conjugated triene structure in phenolic substances is almost impossible to achieve.

But An Wuyang doesn't understand!
Saying it is pointless!
An Wuyang only cared about whether they had made progress and achieved research results. As for the more specific research content, An Wuyang wanted to care but was powerless to do so.

After An Huchun hung up the phone, An Wuyang looked helpless and then sent a message to the top executives of the five major distributors.

'An Wuyang: @Everyone: Is everyone still celebrating?'

The annual meeting was held at dawn the day before yesterday, and everyone drank some alcohol, so yesterday was left for everyone to rest. Today is the dealer conference, and tomorrow is the supplier conference.

'Tianyin-Qin Sheng: Yes, Mr. An, I will definitely attend the dealer conference on time today!'

Qin Sheng not only stayed in Shengqing, but he also spent a day exploring the area to experience the charm of the local women.

Qin Sheng, that little old man, is really good at this!
'Jiuqu-Shen Jiachang: The night view of Shengqing is beautiful!'

In addition to Tianyin Pharmaceutical and Jiuqu Pharmaceutical, executives from the other three distributors also confirmed the news.

'An Wuyang: 2 PM, in the conference room at our headquarters.'

'An Wuyang: Let's just catch up.'

Wugengtian Pharmaceutical Group has a close relationship with its five major distributors, and Wugengtian Pharmaceutical Group has no plans to change distributors or add distributors, so the distributor conference is just a formality.

It was nearly 10 a.m.

The number of visits to the Wugengtian online store has increased dramatically.

This is because the second round of sales for the May Day Lunar New Year blind boxes is about to begin.

After An Wuyang went to sleep yesterday, the discussion about the Wugengtian Spring Festival blind box on the Douyin platform was very lively, and someone even sold the first prize of Wugengtian, the "Two Joys," for a high price of 62 yuan.

From 380 yuan to 620,000 yuan, even after paying taxes, it's close to 500,000 yuan!
This good news has excited many netizens.

Therefore, when the second round of Wugengtian's Lunar New Year blind boxes was about to be released today, even more users flocked to the Wugengtian online store.

In fact, overnight, the number of registered users of Wugengtian Online Mall increased by 30 million!

The number of registered users on Wugengtian Online Mall has now exceeded 3.2 million, which is an astonishing number, even though many of these accounts are 'linked accounts'.

A so-called 'linked account' is an account registered by the same person using the identity of another person.

This kind of thing can be detected by Wugengtian because too many accounts used the same device to log in to the Wugengtian online store.

Here's a little-known fact!

Whether it's a desktop computer, a laptop, a mobile phone, or a tablet, each device has a unique device identification code.

The Wugengtian online mall requires this device identification code to operate, so Wugengtian knows that many accounts are held by the same person.

Ten o'clock in the morning sharp.

Instantly, tens of millions of visits continuously sent application requests to the Wugengtian online mall. Fortunately, the Wugengtian online mall's functions were very simple, otherwise it would have crashed.

An Wuyang tried to buy again, and this time it was even worse!
He was not even prompted that the blind boxes were sold out before he saw the "Buy" button light up.

An Wuyang immediately sent a message to Ye Tianling.

'Peace and safety: Check if the sales of blind boxes for the Spring Festival are normal.'

An Wuyang suspects that someone cheated.

He would rather suspect someone was cheating than doubt his own internet speed.

However, Ye Tianling replied in less than three minutes.

Ye Tianling: Mr. An, the sales of the Spring Festival blind boxes are normal. We've checked all the accounts that purchased them, and everything is normal.

Ye Tianling: Our verification system hasn't been breached either. An Wuyang: ?

'An Wuyang: What verification system?'

Upon seeing An Wuyang's question, Ye Tianling knew that An Wuyang had not managed to snag a blind box at all.

Ye Tianling: If you manage to snag a blind box for the Spring Festival, you'll need to confirm the corresponding verification information before finalizing your order.

An Wuyang immediately understood Ye Tianling's meaning. He hadn't even managed to snag a purchase, so how could he possibly get to the information verification stage?

As long as there are no problems with the sales of blind boxes during the Spring Festival!
An Wuyang had just finished talking with Ye Tianling when he received a call from Musk. Before answering, An Wuyang secretly calculated the time. Was this 6 p.m. in California?

Given his frequent conversations with Musk, An Wuyang is already very familiar with the time zone conversion between the two locations.

There is a 16-hour time difference between California time and Beijing time during winter time.

An Wuyang swiped the screen to answer the call, and before he could speak, Musk's voice came through.

"Andy, I have some important news!" Musk said quickly.

"Oh?" An Wuyang asked curiously, "What news?"

“News about Koreya ginseng,” Musk explained.

“I mentioned before that Glorious Pharmaceuticals was also involved in the Korea ginseng project, do you remember?” Musk asked.

An Wuyang answered affirmatively, "I remember."

"Guanghui Pharmaceuticals has stirred up something new again?" An Wuyang asked in astonishment.

Musk answered affirmatively, "Yes!"

“Guanghui Pharmaceuticals once copied your Energy Restoration Factor, and the final product was a special compound with addictive properties. It has now been developed into a best-selling specialty entertainment product here,” Musk explained.

When An Wuyang heard Musk mention the counterfeit energy recovery factor, coupled with Musk's previous remarks, he already had a clear idea of ​​what was going on!
"So, using the special phenolic substances contained in the Korean ginseng from Koreia, Guanghui Pharmaceuticals has once again developed a certain... um... unique entertainment product?" An Wuyang learned Musk's terminology.

For the Bald Eagle market, some things really do seem to be unique entertainment products!
Musk responded with a laugh, "Yep! Radiant Pharmaceuticals has indeed come up with another unique entertainment product! I must say, Radiant Pharmaceuticals has a deep technological foundation in this area, and their research direction is beyond reproach."

An Wuyang seconded this. Guanghui Pharmaceuticals can be considered to have a specialization in its field.
"Do you have detailed information about this unique entertainment product?" An Wuyang asked.

"Not yet," Musk replied.

“However, I’ve already started investigating, and I should be able to get the information soon. After all, if Glorious Pharma develops something like this, they’ll definitely sell it secretly,” Musk added.

Guanghui Pharmaceuticals certainly wouldn't sell under its own name, but it would secretly produce raw materials and then use black gloves to sell them off, thereby making huge profits.

After all, sales of specialty entertainment products are quite high in the Bald Eagle, which is the world's largest market.

"What research findings do you have on Korean ginseng?" Musk asked tentatively.

An Wuyang gave a negative answer, "No, but we are indeed still studying the special phenolic substances found in Koreia ginseng."

"How is the research by the Koreia conglomerate going?" An Wuyang asked for relevant information as well, even though he knew there was unlikely to be any results. He still had to ask to maintain his public image.

It would seem strange if An Wuyang didn't ask a question, since An Wuyang should be concerned about this matter.

When asked by An Wuyang, Musk did not hide anything, "There has been no progress on Korea's side, and there has been no progress on my own side as well."

At this moment, Musk finally hesitated. Perhaps Coria really didn't have that quality?
……

It was nearly two o'clock in the afternoon.

Wugengtian Pharmaceutical Group Headquarters, Conference Room.

An Wuyang led Tang Wenshu and his assistant secretary Zhao Tuo into the conference room.

Inside the conference room, the top executives and liaison representatives of the five major distributors were all present.

When An Wuyang walked in, everyone stood up.

In the workplace, this behavior signifies that An Wuyang's status is higher than everyone else's, so everyone needs to stand up when An Wuyang enters as a sign of respect.

An Wuyang walked to the head of the table, Tang Wenshu came to An Wuyang's left, and Zhao Tuo followed next to Tang Wenshu.

"Everyone, please sit down!" An Wuyang invited.

However, none of them foolishly sat down. Instead, they waited until An Wuyang sat down before taking their seats.

These seemingly insignificant details are often very easy to overlook.

However, once you encounter them, they will be a series of tests.

Those in positions of power may not remember who followed the unspoken rules, but those who did not, such as sitting down before the person in charge, will certainly be silently observed.

Some things, those in positions of power may not make sugar sweet, but they will definitely make vinegar sour!

In short: More trouble than they're worth.

The people present were all seasoned professionals and seasoned veterans; how could they possibly make mistakes in such details?
As everyone took their seats, An Wuyang and the five major distributors discussed their outlook and expectations for 2022.

"Throughout 2022, our top priority remains the 'Reassurance Pill.' Barring unforeseen circumstances, we will ship a batch of goods every month throughout 2022 to ensure everyone's interests!" An Wuyang explained.

In Wugengtian's product lineup, Shuxinwan is indeed the cheapest product, but Shuxinwan has a high production volume!
Besides, the profit margin for comfort pills is also very high!
Qin Sheng from Tianyin Pharmaceuticals was the first to chime in, "Releasing Shuxin Pills twelve times a year? That would be fantastic!"

Selling Shuxin Pills at dawn is highly profitable, and the five major distributors also make a lot of money selling Shuxin Pills, so everyone likes to sell Shuxin Pills.

Zhu Lingyao, the president of Zhu Ning'an Pharmaceutical, said with concern, "President An, I have a suggestion."

"What suggestion?" An Wuyang asked.

Zhu Lingyao responded, "I hope President An will agree to let the five of us enter the upstream supply chain. We want to establish a complete white peony supply system to ensure the quality of Shuxin Pills."

A batch of Shuxin Pills produced at dawn was scrapped because the white peony root contained excessive sulfur, resulting in a loss of efficacy and causing a significant shortfall in the actual production for that month.

Zhu Lingyao's idea is that their five major distributors will work together to enter the upstream supply chain, thereby ensuring the stability of the upstream supply chain.

Faced with Zhu Lingyao's proposal, An Wuyang neither gave a positive answer nor expressed a refusal.

“Tianyin has been working on this for a while now,” An Wuyang said, bringing up Tianyin Pharmaceuticals.

Under An Wuyang's guidance, Qin Sheng replaced the ginseng plantation with a peony garden and has now begun to develop the upstream raw material industry for Shuxin Pills.

Zhu Lingyao looked at Qin Sheng in surprise, wondering if this old fox Qin Sheng was really getting a big reward for currying favor with An Wuyang.

(End of this chapter)