The world begins with Hong Kong movies
Chapter 281 Exaggerated Profits!
Chapter 281 Exaggerated Profits! (Seeking Monthly Tickets)
Four and a half billion!
When the number was announced, the entire conference room fell silent.
Former Hung Hing leader Chiang Tin-sang, new leader Han Bin, and a number of regional leaders were all speechless with shock.
Although I knew the lottery was selling very well, I never expected that such an exaggerated number of tickets would be sold in just nine and a half days. It was completely beyond my expectations.
Fortunately, Wu Feng, the key figure in the organizer, recruited a large number of temporary accountants from the very beginning of the preparation.
We have strict requirements to ensure that all kinds of data are prepared every day and processed and integrated using office software on the computer, so that the overall data can be obtained as soon as possible.
"Damn, this is way too much!"
Liang Kun was the first to come to his senses. He slapped his thigh hard, grimacing and shouting loudly.
"That's really exaggerated!"
The prince nodded in agreement, exclaiming, "Damn, who knew doing something like this could be so profitable?"
"If we came here several times a year, wouldn't we easily become billionaires?"
"That's a great idea, I like it!"
With a broad smile, Brother Kei quickly followed up: "I think that just doing this in the Yau Tsim Mong area is too small a scope. We should also include Sai Wan!"
"According to Brother Kei, wouldn't Causeway Bay be a more suitable location?"
Big Brother B rolled his eyes and looked at Han Bin with great enthusiasm: "Brother Binni, what do you think?"
He was previously unhappy about Han Bin taking over as leader, but now he is quite pleased with himself.
Face is nothing compared to huge financial gains.
"Four hundred and five billion? Even the annual revenue of those listed companies isn't that exaggerated, is it?"
"Jiang Sheng, Han Sheng, and Wu Sheng are truly amazing; they can manage to generate so much revenue so easily!"
"I just don't know how much of the profits we'll get?"
"Haha, four and a half billion! I doubt anyone would believe it if I told them!"
"..."
Not to be outdone, the leaders of other regions also spoke up to make their presence felt.
His tone was full of amazement and disbelief, his mind still reeling as if in a dream.
There's no other reason; the amount is simply too large.
As regional leaders of Hung Hing, they must have seen a lot of money.
Otherwise, what about the reputation of Hong Kong Island's top triad?
But the largest sums of money they've ever handled are only a hundred or two hundred million.
In fact, Hung Hing's various illicit gains add up to nearly 200 million HKD in revenue annually.
Among Hong Kong's triad societies, this is definitely considered a very good income.
It can't compare to Dongxing, but it has the advantage of stability, with this level of return almost every year.
After deducting all expenses, the maximum amount that would end up in the hands of Jiang Tiansheng, the head of the company, would be at most sixty or seventy million.
However, such returns are very unstable and are greatly affected by the environment.
If there is turmoil in the martial arts world, and it is necessary to show off horses in various ways, the profits will be directly cut off.
In addition, Jiang Tiansheng needs to maintain a glamorous and respectable life as a wealthy man, and his annual expenses are in the tens of millions.
Therefore, as the leader, he does have a lot of money to launder, but it's not to an exaggerated extent. Having a net worth of five or six hundred million is already quite good.
But such wealth was accumulated over many years.
Compared to the revenue generated from an event that lasts less than ten days, it's as if I've lived in vain.
In short, the entire conference room at Hung Hing headquarters was in an uproar because of the 4.5 billion yuan in revenue, and everyone's emotions were running high.
Wu Feng, the planner of this event, and the core members of the organizers were naturally present.
His emotions were quite stable, and he didn't seem overly agitated.
It's not that I think 4.5 billion isn't a lot, but I already had a good idea of the amount and the excitement had passed.
As mentioned earlier, back in 2000, a lottery draw held in a small county in southern China could easily generate over a billion yuan in revenue.
At this time, how could Hong Kong Island, in terms of population and economic size, possibly compare to a small county town in southern China with a history of two thousand years?
In fact, he felt that the figure of 4.5 billion was far from the limit.
As Brother Kei said, selling lottery tickets only in the Yau Tsim Mong area doesn't cover a wide enough area.
Not all residents of Hong Kong Island enjoy buying lottery tickets.
It's even less likely that someone would travel such a long distance just for a lottery ticket.
Besides, the bustling areas of Hong Kong Island are not limited to the Yau Tsim Mong district.
Causeway Bay is just as bustling as Tsim Sha Tsui!
"Okay, everyone, be quiet!"
After the commotion subsided, Han Bin finally spoke up: "Everyone has worked hard on this event!"
"The agreed-upon profit sharing will all be deposited into the respective branch's account!"
"In addition, all the underlings who participated in this event will have their subsidies directly deposited into their newly opened personal accounts. I hope there won't be any unexpected changes!"
At this point, his cold gaze swept over the regional leaders present. Some unpleasant things had to be said upfront, otherwise, when problems arose, the regional leaders present would have too many reasons and excuses, and he didn't want such a troublesome situation to occur.
These words made the hall masters present overjoyed, yet also somewhat regretful.
Brother Ji asked curiously, "Boss Binny, could you reveal how much profit this lottery draw will ultimately generate?"
Upon hearing this, all the other hall masters looked over with eager eyes, clearly very curious as well.
"It's around three billion!"
Han Bin didn't hide anything and chuckled, "Of course, I won't tell you how much of the profits we'll get, lest it get out and cause some trouble!"
The hall masters laughed heartily upon hearing this, but in their hearts they were filled with envy, jealousy, and resentment.
They're not mentally unstable, so it's best not to press them any further.
But he knew that the gap between him and Jiang Tiansheng, Han Bin, Wu Feng, and others would only widen.
Just thinking about it makes me feel both frustrated and incredulous.
In fact, they felt that such a level of profitability was highly problematic.
In less than ten days, how could the expenditure have reached an astonishing 1.5 billion?
Even if the prize pool is expanded again and again, it is said that it will not exceed one billion at most!
Not to mention, many of the valuable brand-name prizes were given away for free by the brands themselves, without the organizers spending any money on them, just like advertising.
Even if Wu Feng, a core member of the organizer, insisted on providing substantial subsidies to the participating staff in less than ten days, a maximum of 200 million would be quite good.
This even includes the hard-earned money for these hall masters.
If you calculate it this way, there are still several hundred million in funds that don't match up!
Unfortunately, even though they had these thoughts in their minds, they didn't dare to ask them.
This time, they were completely shocked. They had no idea that it was possible to make money like this.
In less than ten days, it generated 4.5 billion in revenue, and its reputation was quite good!
Just thinking about it feels like a dream!
After the hall masters left, Jiang Tiansheng, Han Bin, and Wu Feng went to the temporary office for the lottery event to calculate the profit sharing with the others.
The first thing is to pay taxes!
Only then will the profits be distributed with the Yau Tsim Mong District Government, district councilors, and some allies.
Some things are not as simple as the Hung Hing leaders think.
Of course, it's not very complicated; just follow the proper procedures.
Wu Feng didn't stay there all the time; he just left his group's legal and financial staff to keep an eye on things.
Although his companies had already held their annual meetings and distributed tens of millions in year-end bonuses, and had also finalized duty schedules for their various subsidiaries, he didn't need to pay too much attention to it.
It is said that Wu Feng's extravagant spending caused quite a stir at the time.
In a capitalist society like Hong Kong, he made no attempt to conceal it, and even openly reported it through his television stations and newspapers.
This move reportedly caught the top listed groups in Hong Kong off guard.
It is well known that Hong Kong's top tycoons are quite 'cautious' when it comes to spending money on their employees.
The bonuses given out at the annual party are all paid out of the boss's own pocket!
Wu Feng's actions were reportedly criticized by many wealthy people who believed he had broken the "rules".
Some of the unpleasant rumors eventually reached the ears of Wu Feng, the person involved.
He didn't care at all!
If anyone dares to ask, he'll reply without hesitation, "How I spend my money is none of anyone else's business!"
It is said, and yet it is said, that his words have caused dissatisfaction among many wealthy individuals.
Wu Feng doesn't care about any of that. If you're so capable, why don't you be as generous as him?
Today is Lunar New Year's Eve, and he has no intention of returning to his hometown in mainland China for the holiday.
Make sure to set aside enough time to call your family and wish them a Happy New Year.
My mother's voice was strong and clear on the phone, indicating that she was in a very good mood.
However, she had some reservations about Wu Feng not returning to his hometown in mainland China for the Lunar New Year, and went on and on about many things, ending with the very common scene of urging him to get married.
Wu Feng was speechless. He was only in his early twenties, wasn't he?
Of course, given his current situation, he does have the conditions and the need to have a child.
He wouldn't mind becoming a stay-at-home dad early on, as long as his girlfriends were willing.
The tremendous success in their careers, coupled with the environment in Hong Kong and Macau, indeed necessitates a successor to stabilize morale. This is not just a Chinese tradition; it's the same all over the world.
In this respect, the two brothers, Jiang Tiansheng and Jiang Tianyang, did a very poor job.
In the movie, Chiang Tin-sang was killed off by Crow of Tung Sing beforehand, which might actually be a good thing for Hung Hing.
He was over forty and still had no offspring. The triad was a rather unstable business, and there were many ambitious people around. As time went on and he got older, problems were likely to arise.
When Chiang Tin-yeung took over Hung Hing, he may have genuinely been unwilling to get involved in triad affairs, or perhaps he had no bloodline descendants and would eventually have to relinquish his leadership position.
It's likely that he had the idea of withdrawing early, which is why Chan Ho-nam became the leader of Hung Hing in his early thirties.
In the comics, the subsequent leaders of Hung Hing are basically all blood descendants of the previous leaders.
This speaks volumes; bloodlines and offspring are quite important at times.
And so it was. Wu Feng didn't just give his mother a perfunctory answer; he only spoke vaguely on the phone, but that was enough to make his mother on the other end of the line very happy.
(End of this chapter)
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