What do you mean by quitting the business? I'm not a big shot.

Chapter 655 Ending 2: East China Floods, United We Stand (Seeking Monthly Tickets)
A year later, the Home Ownership Scheme was successfully implemented, and the real estate industry began to deflate its liquidity and entered a period of stagnation.

In Tuen Mun, Yuen Long, Tin Shui, Sham Shui Po, Pok Fu Lam, and Causeway Bay, large tracts of idle land have been developed, with old buildings being demolished and rebuilt.

The real estate industry is shifting from high housing prices to high-quality housing, moving towards high-quality development.
The first phase of the Pok Fu Lam Electronics Port has commenced construction. Under the leadership of Chung Ho Electronics, local Hong Kong companies such as ACAS, VTech, Elionex, and Techtronic Industries have settled in the Electronics Port, forming the largest electronics industrial park in Asia.

Furthermore, under the promotion of the Governor of Hong Kong, sixteen companies reached agreements such as the "Industry Strategic Cooperation Agreement", the "Supply Chain Upstream and Downstream Agreement", and the "Commercial Bill Exchange Agreement".

Among them, Zhonghe Electronics relinquished its product lines such as "televisions", "radios", and "electronic toys", and only took charge of research and development in three areas: "computers, feature phones, and chips".

"Aicas" is responsible for producing capacitors, electronic watches, and assembling integrated circuits.

VTech manufactures circuit boards for printing presses and small cameras.

"Elianda" is responsible for producing children's toys, antenna telephones, MP3 players and other entertainment devices.

"Texas Electric" is responsible for producing mechanical motors, and several other companies produce "circuit boards, memory, LCD panels, ultrasonic welding machines, etc."
This small electronics port is packed with companies that manufacture all categories of electronics and parts. Even before it officially opened, it had already created more than 10,000 jobs.

The first phase is expected to be completed within two years, providing 5,000 high-paying jobs, and the second phase is expected to be completed within five years, providing more than 20,000 high-paying jobs.

Chung Ho Electronics also facilitated technological alliances among major companies through negotiations, enabling technology sharing and supporting the transformation of some small businesses.

It is undoubtedly the industry leader.

5 month.

A major flood broke out in East China.

Floods have occurred in 18 provinces, autonomous regions, and municipalities across China, while droughts have struck 5 other provinces. In Jiangsu and Anhui provinces alone, 100 million people have been affected, accounting for 70 percent of the population. More than 400 people have died as a result of the disasters, and the direct economic losses are nearly 20 billion yuan. An "Emergency Disaster Appeal Meeting" was held in the capital, which for the first time represented the country in appealing for disaster relief and assistance from the United Nations, international organizations, governments of various countries, and overseas Chinese.

With his left hand in a suit jacket and one hand in his pocket, he looked at the television. More than two million disaster-stricken citizens were homeless. Along the Huai River, relief tents stretched as far as the eye could see, forming a vast, densely packed mass. Tens of thousands of disaster victims suffered from infectious diseases such as intestinal diseases and malaria. A large number of roads, bridges and other facilities urgently needed repair.

difficult!
too difficult!
East China was at the forefront of reform and opening up, and the outbreak of the major flood was undoubtedly a major blow to the local government.

Shi Zhanpeng, who had been transferred to be the boss's secretary, opened the document and stepped forward, saying, "Mr. Yin, according to the letter from the Emergency Relief Association, the estimated amount of relief is as high as 200 million US dollars. The 50 million US dollars worth of supplies and 20 million US dollars in donations that have been sent to Guangdong Province are not enough to cover the entire province."

Yin Zhaotang put down his pen and tapped the table: "Establish a special foundation for flood relief and call on all sectors of society to launch a charitable fundraising campaign."

"Slogan: When one place is in trouble, help comes from all sides; with one heart and one mind, we can overcome any obstacle!"

Shi Zhanpeng tidied up the notes, closed the book, and immediately said, "I'll go arrange it."

As the largest natural disaster in China in the early 90s, Yin Zhaotang had anticipated it. He began purchasing tents, medicines, rescue boats and other supplies at the end of last year and stockpiled them in port warehouses. At the beginning of the year, he started raising funds to import supplies to Guangdong, Anhui and Jiangsu provinces, which were mainly stored in the Zhongyi factory.

However, floods are sudden natural disasters. While preparations can be made, it is impossible to seek "pre-warning" from the mainland. Moreover, the strength of one person is extremely limited compared to the magnitude of the disaster.

Therefore, Lao Zhong's preparations, apart from alleviating the disaster in the industrial areas of Guangdong Province and the urban centers of Jiangsu and Anhui, did not have an impact on the entire East China region.

After all, this is a disaster affecting over 100 million people; even a single person's daily food expenses could bankrupt Lao Zhong. Even domestic disaster relief departments are facing funding shortages and have had to step forward and appeal for international aid.

Yin Zhaotang could only use his social influence to call on the people of Hong Kong to donate after the disaster broke out!

"Boss, I'll go and appeal to the brothers in the gang to donate together," Zuo Shou said with a serious expression.

After a moment's thought, Yin Zhaotang spoke up to stop them: "You are not allowed to solicit donations within the community or factory, so as to avoid the negative impact of forced donations."

"If community groups and workers are willing to donate, they can do so through social channels. I can't raise funds within community groups, factories, or on campus. However, we can hold a charity auction and invite all the big names in Asia!"

The brothers and workers don't earn money easily, and donations to schools often require their relatives to foot the bill. But those bigwigs, with their considerable wealth and fortunes, can easily contribute hundreds of millions if each of them contributes a little.

"A major figure in all of Asia?"

Left Hand was startled. Since obtaining the "Asian Headquarters" signboard of the Hongmen General Mountain, Lao Zhong had never used it once. Using it for the disaster relief charity auction was exactly in line with the Hongmen's philosophy of benevolence, righteousness, loyalty and trustworthiness. Who would dare not come? Who would dare to be stingy?

Chinese people all over the world are watching them!
"Understood, I'll organize it right away."

After the Zhongyi Foundation took the lead and established a special fund, people from all walks of life responded enthusiastically. All newspapers and media outlets published the charity account information free of charge, major chambers of commerce organized donations, and business owners from all walks of life generously contributed.

People in the entertainment industry filmed the movie "The Banquet" and held a "Grand Performance by the Entertainment Industry" at Happy Valley Racecourse, with all proceeds going to a special fund.

Peng Jiakang, recognizing the public's enthusiasm for donations, took the initiative to approve the Financial Secretary's allocation of HK$50 million to be donated to a disaster relief account in mainland China.

Upon receiving an invitation from the Zhongyi General Church, the heads of various branches and mountain lords across Asia immediately flew to Hong Kong.

Even those bigwigs who couldn't attend due to other commitments sent relatives or confidants to come.

Two days later, in the evening, at the Peninsula Hotel, in the banquet hall, more than a thousand martial arts figures, dressed in fine clothes, chatted happily.

"Master Fan, you've arrived?" Nguyen Hong Van, a bigwig in the Vietnamese Hongmen, raised his glass of red wine to greet Fan Yiquan, the master of Erlong Mountain in Taiwan.

Fan Yiquan said with delight, "You came from Vietnam, how could I be absent from Taiwan? What a joke! This is the first time that Mr. Yin has used the name of the Asian Headquarters to convene the Asian Hongmen to discuss important matters."

“It’s not a major business matter, it’s a good deed.” Ruan Hongwen swirled his wine glass and chuckled, “Mr. Yin is really something. He never uses the Hongmen’s name in business, but when it comes to giving money for disaster relief, he manages to bring the Hongmen’s name into the spotlight.”

Fan Yiquan looked on with admiration and exclaimed, "Saving the country and fighting disasters, uniting the nation—this is the true meaning of the Hongmen's existence."

Ruan Hongwen nodded slightly, and suddenly a chorus of greetings arose from all around.

"Lord Yin."

"Mr. Yin." "Chief Yin." The shouts of various underworld figures were deafening, and the cameras set up all around were flashing their lights frequently.

Accompanied by Zuo Shou, Dan Ta, and A Le, Yin Zhaotang stepped across the red carpet onto the stage, took the microphone, and held the long red banner hanging high. He said loudly, "Fellow disciples and leaders, as the head of the Asian branch, I am deeply saddened to receive a letter from our country requesting assistance and to learn that one hundred million compatriots are suffering from disasters and twenty million are displaced and suffering from incurable diseases."

"The country has mobilized all its resources for disaster relief, but many roads remain blocked, and prices for food and medicine are rising on the international market."

"Orient Overseas Group has mobilized all its cruise ships to escort supplies to Shenzhen. In the face of this disaster, we, the Hongmen, bear the responsibility of saving the country and its people. Today, I am calling on everyone to hold the Everlasting Red Charity Auction. I hope that our fellow members from all over the world will work together to help the disaster victims."

"I will not repeat what I have said. All proceeds from this auction will be thoroughly monitored, used for disaster relief, and made public. Each time a bid is raised, regardless of whether the bid is won, the bidder will be required to donate the amount. If the same person bids multiple times, only the highest amount will be donated. As the organizer, Chung Yee Tong will not participate in the bidding, but promises to donate HK$100 million in the name of the group!"

As soon as he finished speaking, enthusiastic applause erupted in the room, with even Four-Eyed Dragon and Water House Lai cheering loudly. Fan Yiquan stared at the long red banner on the stage that read "When one place is in trouble, help comes from all sides; Hongmen heroes, save the country and the people," his eyes burning with fervor. He declared loudly, "I'll go first. Erlong Mountain, Taiwan Province, donates HK$500 million to bet on the long red banner!"

Ruan Hongwen held up the sign high and shouted, "Annam Tianhui Mountain, HK$600 million."

Singaporean Hai Ge snapped his fingers, and his underling immediately shouted, "Yi Hong Ying, HKD 800 million."

To those present, a few million Hong Kong dollars might be the amount of money spent on smuggling a batch of goods, buying a car or a house for a mistress—it's utterly insignificant.

The smaller, lesser-known groups in various regions were quick to react and took the lead in bidding, with prices gradually increasing from 5 million to 15 million, until all sixty-odd smaller groups had bid.

Lai Tung-sing, a tycoon in the Macau real estate market, started bidding, raising his sign and shouting: "Nineteen million for An Lok Tong! Saving people from their suffering is our duty!"

"Yes, that's right!"

"Lai Sheng is magnanimous."

The younger members applauded and cheered for An Le Tang, respectfully leaving the stage to the older members.

Four-Eyed Dragon pushed up his glasses, gave a disdainful look, and held up his sign, saying, "New Club, twenty million!"

"Wo Shing Wo, twenty-seven million!"

He Tu immediately stood up: "He Tu, 33.3 million, up, up, up, facing difficulties, facing water!"

For a moment, the entire place fell silent, all eyes fixed on Brother Zhengbao, who was operating the gambling ship.

Just moments ago, he was arrogant and domineering, but suddenly he showed a hint of shyness. He straightened his appearance, sat back in his chair, crossed his legs, and said, "In short, I'm determined to have this long red dress."

Charity auctions are unlikely to be heated; HK$33 million is more than enough to settle the matter.

"Snapped!"

Slap the hammer with your left hand.

Holding the microphone, Yin Zhaotang pointed towards Zheng Bao's location and said loudly, "Thank you He Tu, thank you Brother Zheng Bao for winning the long red and for your great contribution to the citizens of the disaster area."

He clasped his hands together, beaming with joy, and said, "It's my pleasure, it's my pleasure, thank you all for your kindness."

This charity auction raised HK$860 million, the majority of which came from a donation of HK$100 million from Chung Yee Tong. The remaining HK$760 million came from over a hundred other items.

Including donations from all sectors of society, a total of HK$1.8 billion was transferred to the mainland, far exceeding the historical donation amount. This was partly due to the influence of the Asia General Chamber of Commerce on overseas Chinese communities, and partly due to the development of emerging industries on Hong Kong Island, which has led to the continued economic growth of Hong Kong Island.

Donations from Hong Kong Island alone have already met the $200 million disaster relief budget. In addition, there are donations from overseas Chinese in San Francisco, Germany, France and other places, as well as donations from international organizations.

The success of the fundraising and the disaster relief efforts in Shanghai were closely related to the friendship and trust forged between the people of the two cities. After the disaster, however, East China faced a situation of excess donations and wasted resources.

Three months later.

Wu Xiang and the head of the emergency rescue team looked apologetically at Yin Zhaotang inside the Guangcheng Hotel. Wu's chief secretary, looking tense, held a notebook and awaited Yin's reprimand.

Mr. Yin is the developer of the Hong Kong Island Electronics City and the chairman of the Electronics Manufacturers Association. He is not only a major financial backer during disaster relief efforts, but also a large factory owner in Shenzhen and Guangdong Province. It is no exaggeration to say that he is responsible for the livelihoods of millions of migrant workers.

Because the electronics manufacturing industry is a high-end industry, the Pok Fu Lam Electronics City is positioned as a "R&D center", a "core component production site", and a true "production and assembly center". Strategically, it is located in Shenzhen Special Economic Zone, Guangzhou, Zhuhai and other places.

All companies, including Chung Wah Electronics, AICO, and VTech, have plans to set up assembly plants in mainland China, especially mobile phone plants, computer plants, and entertainment equipment plants. Each of these is currently worth hundreds of billions of yuan, but in the future, their scale will be worth trillions of yuan.

Now that such a major financial backer has come with the support of the people of Hong Kong, Wu Xiang has no choice but to put on a show of respect and take the lead in promising: "The issues of waste of materials and misappropriation of donations have been thoroughly investigated and dealt with accordingly. We will not tolerate any wrongdoing."

"If Mr. Yin has any other opinions, he is welcome to raise them, and we will certainly take them seriously."

Yin Zhaotang put down his teacup, exhaled, and sighed, "Since the domestic investigation team has results, I will not send anyone from the ICAC. However, the excess donations need to be returned to the original source as an explanation to the people of Hong Kong."

"It's not that I'm unwilling to spend the money, nor that I refuse to donate, but every penny must be allocated according to its intended purpose. I want to eliminate those cockroaches and termites with a clean sweep!"

Wu Xiang felt a chill run down her spine and said solemnly, "No problem, this cut will definitely be made. Someone actually dared to spend money to buy luxury goods, which has seriously crossed the line."

The phrase "cut with one stroke" is not an adjective, but a noun. It can be interpreted as "to cut with one stroke." Minor offenses result in dismissal, while serious offenses result in execution!

This is not twenty years from now, in an era where the death penalty is less frequently carried out; those who dare to embezzle and break the law will be shot!
“I have nothing more to say that Mr. Wu has gone this far. The disaster-stricken areas still need reconstruction, and Lao Zhong’s foundation will allocate more funds.”

Wu Xiang stood up and shook hands with a solemn expression: "I understand Mr. Yin, and I understand the public opinion of Hong Kong Island even more. Rest assured, the outcome will be published in the official media."

"Thank you again to Mr. Yin for his efforts in the disaster-stricken areas, and to overseas Chinese for their contributions."

On the chest of Yin Zhaotang's suit, the Zhigongtang badge gleamed brilliantly in the sunlight.

(End of this chapter)