Siheyuan (courtyard house): My name is Shazhu!
Chapter 348 We still need to wait 26 years!
A reporter came to ask He Yuzhu about his retirement pension again. He has already left Hong Kong and gone out to find raw materials needed by his company.
When asked by reporters, Sir Zhao Youcai replied, "There's no other way right now; we can only provide a one-time retirement payment. This is determined by the nature of Hong Kong society."
We simply made a change to allow employees to receive their entire retirement pension in one lump sum. However, we were worried that they wouldn't save money and would instead blindly invest, ending up penniless in a few years. That's why we decided to pay it monthly.
Until he died!
May our relationship with the company last a long and successful one!
It's hard to say whether this is a good or bad thing compared to a lump-sum payment of retirement pension!
Our company hopes that its employees will have a stable life, rather than being extremely rich or extremely poor. The extremely rich are still a very small minority!
As for when retirement pensions can be normalized? Only mandatory enforcement can solve this problem. At the earliest, it will be 26 years from now. Even if you force the rich to their deaths, it won't work!
Our company's think tank believes the best solution is for the government, companies, and individuals to jointly contribute money to a pension fund, which can be received upon retirement.
"Do schools and hospitals really have to be back to normal in thirty years? We can't leave some behind!"
"We can't keep them. The pressure is too great. You may not realize it, but even now, our company is under a lot of pressure."
A hospital needs not only doctors, but more importantly, it needs money. We opened seven hospitals in total, but we only bought two sets of MRI equipment.
Even with a 40% discount, a set still costs 30 million US dollars. No hospital would dare buy a single set—it's too expensive! Hospital equipment is too costly!
The cost of replacing medical devices over a long period of time accumulates to an unbearable sum!
If school teachers' salaries were to surge to 3,000 yuan per month and 36,000 yuan per year, with over 300 schools and a teacher-student ratio of 1:11, we would have over 31,000 teachers!
The annual salary alone reaches 1.1 billion yuan, and there are also expenses for purchasing school office equipment and student meal subsidies, which now require 600 million yuan a year.
We should include university professors, but not their equipment purchases, as equipment also requires funding!
The best way to support education is through fundraising, making it everyone's responsibility. Our children all need to go to school!
"It's so expensive, no wonder even your company couldn't afford it."
"We've already been delayed by ten years; the company's think tank has given us twenty years."
Thank you!
As soon as the news broke, many hospital doctors confirmed that hospital medical equipment was incredibly expensive, and the high fees were due to the high cost of the equipment. How could hospitals continue operating at a loss?
The people here are stunned again. It's not just that Dongda Group has to pay another 600 million yuan in salaries and procurement costs; it turns out that all hospitals are facing the problem of equipment upgrades.
This is the main reason why there are so few public hospitals. If they don't charge enough, they will lose money, and if this continues, very few people will be willing to open a hospital!
Raising funds from the whole society to build hospitals is a good idea; everyone can use it, although some people are willing to contribute and others are not.
Zhou Songyu's charity foundation still received more than 3 billion yuan in donations within three months.
It is also guaranteed to be used for medical purposes!
As for why the lifetime pension will not appear for another 26 years, some people didn't understand at first, but the newspapers gave the reasons!
97 years!
Everyone understands!
Unfortunately, I have to keep waiting for my retirement pension!
He Yuzhu was overjoyed to arrive in Australia, as their largest iron ore producing region had been found in the Pilbara region (Western Australia).
This is the largest iron ore producing area in Australia. Although other companies exist here, the iron ore deposits found by He Yuzhu's company have reserves of at least 12 billion tons.
It is the largest iron ore producing area in terms of reserves, and further exploration is needed as there is still iron ore here.
One hundred thousand square kilometers of land would cost three hundred million Australian dollars, or more than two hundred and twenty million US dollars, and even if it were cheaper, it would still cost another two hundred million US dollars.
Fortunately, the largest expense, the survey fee, was very small. Since the location was known, the drilling cost was almost negligible.
He Yuzhu transferred one bio-engineered human each from the US and China; both were mining bosses, and the iron ore company was placed in their hands.
Several more people became shareholders and separated the iron ore area shares. He Yuzhu held 14% of the shares and became the second largest shareholder!
He also took over the Argyle Mine, located in western Australia, owning a 15% stake and letting Martha manage it.
Within a few years, He Yuzhu will acquire bauxite, gold, copper, nickel, uranium, lead, zinc, lithium, rare earth elements, diamonds, manganese, titanium, silver, tin, cobalt, and other minerals from Australia.
He doesn't mind having too many minerals; his main targets for the year after next are the Black guys and the countries of the South.
Going to these places requires people from the hometown to provide personnel and veterans, and both sides have already reached an agreement so there are no problems.
A future mining tycoon has emerged!
He Yuzhu returned to Hong Kong a month later.
After the New Year, by March, Qin Huairu's mother had recovered and was in good health; she would live for another twenty or thirty years without any problem.
After staying in the port city for more than half a year, the old lady was anxious; she missed home and wanted to go back to see it as soon as possible.
However, the eldest sister-in-law, Qin Huai, and their children did not want to go back. The standard of living here was much better than in their hometown, where they were treated like landlords and wealthy people.
Going back to farming is impossible, especially for Qin Huaiyong and his wife. With Qin Huairu's help, they own a jewelry store and are making waves in the stock market.
The stock market was doing very well in 72; almost everyone who bought stocks made money. Moreover, Qin Huairu, He Yushui, and He Daqing had some inside information, so if they didn't make money, it would be their problem.
Finally, Qin Huairu asked her sister-in-law to go back with her, send her mother back, and bring her eldest brother and several nephews over so that they could go back when their parents got old.
Working in the fields to earn work points wasn't necessary; it was just a way to exercise. There were also uncles and their children at home. Qin Huaixin and his two younger sisters lived not far away.
I went back to my hometown at the end of March, and in mid-April my sister-in-law came with my brother and two married sons.
Qin Huairu then gave them a jewelry store, arranging for them to learn about stocks and gain some education before starting work.
Qin Huairu is now a super-rich woman. She entered the stock market in 1969 and bought HK$500 million worth of stocks in one go when the market was at its lowest point.
Now that her income exceeds six billion, making money is no longer important. The stock market will continue to rise, and she will continue to make money.
He Yuzhu told her to buy stocks with low price-to-earnings ratios, and she should do as he said!
The stock market started to decline after the forged Hehe stock was made. It seems that in March, the stock could be sold off in February, and there was still time.
The port city gets a lot of rain in the summer!
The serious disaster that occurred in Hong Kong from June 16 to 18 was caused by landslides due to continuous heavy rain.
Two landslides and building collapses in Kwun Tong, Kowloon, and the Mid-Levels of Hong Kong Island have resulted in 148 deaths and left thousands homeless.
It can be described as a massive natural disaster here!
The Dongda Group Charity Association was among the first to deliver the necessary supplies to the disaster victims and build shelters for them.
Afterwards, we negotiated with Niu Niu Ren to rebuild affordable housing for these disaster victims. The land was provided by the government and the money was provided by Dongda Group!
Once again, their act of kindness has won people's hearts, and many people, especially those in the entertainment industry, have begun to spontaneously donate money and goods.
The marathon-style charity performance organized by Dongda Television for flood relief not only raised a huge sum of money but also established television media as a major platform for large-scale charitable events in Hong Kong, with its model having a far-reaching impact.
Meanwhile, in He Yuzhu's office at Dongda Group, Kuang Biao was reporting on something.
It's still a historical event, and it has to be said that the power of historical revisionism is too strong. Jardine Matheson, now with only three companies left, is planning to acquire Dairy Farm.
He Yuzhu was very clear about this matter in his previous life. It was a major event in the history of Hong Kong and an important reason why Sir Zhou's reputation was ruined in his later years.
They were speechless when they heard that Kuang Biao had monitored the decisions of the Jardine Matheson board of directors. Their subsidiary, Hongkong Land, had a debt ratio of over 100% and still dared to play like this!
Then wait a year or two, and when the stock market crashes, completely destroy Jardine Matheson!
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