I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 287: The Four Seas System and the Starry Sky System Announce Their Performance Results; Jiangcheng City Is Poised to Become a Municipality Directly Under the Central Government.
It's been almost a month since the new year started, and the whole world is waiting for the annual reports of the Sihai Group and the Xingchen Group, as well as the total GDP of Jiangcheng City for the previous year.

Yang Chen specially chose the day of the Dragon Head Raising Festival to hold the annual summary meeting of the Four Seas Group and the Starry Sky Group. The presidents of each subsidiary came to report their work to Yang Chen with their prepared reports.

"Sihai Electronics' total revenue last year was 2758.65 billion Hong Kong dollars, and its net profit was 1556.75 billion Hong Kong dollars. The number of devices using the HarmonyOS system exceeded 9.5 million, including mobile phones, laptops, desktop computers, and tablets. All new mobile phone brands such as Loongson, Xiaomi, Vavo, and Appo used the HarmonyOS system in their new releases last year, and all of their high-end models used the Wukong 3-nanometer chip technology..."

"Sihai Intelligent's total revenue last year was 5089.56 billion Eagle Dollars, and its net profit was 2825.68 billion Eagle Dollars. Among them, the total revenue of the drone business was 1980 billion Eagle Dollars, the total revenue of the intelligent robot business was 3085.78 billion Eagle Dollars, and the rest was service revenue."

"Sihai Investment's total revenue last year was 6660.78 billion Eagle Dollars, with a net profit of 3556.78 billion Eagle Dollars. Of this, overseas business generated total revenue of 6235.68 billion Eagle Dollars and a net profit of 3456.45 billion Eagle Dollars..."

"Sihai Pharmaceuticals' total revenue last year was 3695.45 billion Eagle Dollars, and its net profit was 2845.68 billion Eagle Dollars. Among them, overseas business revenue totaled 2984.6 billion Eagle Dollars, and net profit was 2424.53 billion Eagle Dollars..."

"Sihai Real Estate's total revenue last year was 4456.89 billion Dragon Coins, and its net profit was -13879.56 billion Dragon Coins..."

"StarCraft Military Industry's total revenue last year was 1045.67 billion Eagle Dollars, with a net profit of 645.34 billion Eagle Dollars. Overseas business contributed 889.45 billion Eagle Dollars in revenue and 598.45 billion Eagle Dollars in net profit..."

……

Unsurprisingly, among all the subsidiaries, only Sihai Real Estate is still losing money. However, its losses are mainly due to the nearly three trillion yuan hole in the previous year. If we only consider the operating situation of last year, its net profit was 345.27 billion Dragon Coins.

The combined revenue of all companies in the Four Seas Group and the Starry Sky Group is 2.96 trillion Eagle Dollars, with a net profit of 1.62 trillion Eagle Dollars, of which approximately 1.12 trillion Eagle Dollars were earned from overseas.

The company with the largest increase in net profit was Sihai Medical, thanks to its performance in cancer treatment worldwide. Last year, Sihai Medical's total global revenue reached 678.89 billion Eagle Dollars, while its net profit reached 498.45 billion Eagle Dollars, with a net profit margin of 73.4%.

This shows that conquering global challenges like cancer can be incredibly lucrative.

This is the net profit Yang Chen achieved even after lowering the price and participating in social security and commercial insurance reimbursements.

If he were as ruthless as foreign hospitals and pharmaceutical companies like Pfizer and Mayo Clinic, Sihai Medical's revenue and net profit margin would be even higher, and increasing them by another 50% wouldn't be a problem.

In addition, the Four Seas Group and the Starry Sky Group paid a total of 3.32 trillion Dragon Coins in taxes last year, received 1.2 trillion Dragon Coins in tax refunds, and actually paid 2.12 trillion Dragon Coins in taxes.

Yang Chen summarized last year's business performance. The electronic businesses, such as mobile phones and drones, were basically the same as the year before, indicating that the upper limit of these businesses was just around the corner.

Yang Chen made a request to the presidents of these subsidiaries: they should just focus on maintaining the existing core business and not be required to expand into new markets.

Last year, Xingchen Automotive's total revenue was 650 billion Eagle Dollars. Yang Chen believes that it still has great potential for growth, and in the future, he will focus on improving Xingchen Automotive's revenue and net profit.

Only when Xingchen Automotive develops well can it drive domestic cars to go global. Only when domestic cars go global can China's automotive industry become a pillar industry of the national economy, just like Japan and South Korea did in the past.

Once the automobile industry becomes a pillar industry, the government will no longer need to stimulate the real estate market, and ordinary people will no longer need to spend the savings of three generations or mortgage their future for 30 years to buy a house. Only then can everyone truly live a more comfortable life.

Yang Chen carefully reviewed the financial reports of each subsidiary, and signed them after confirming that there were no problems. Subsequently, each subsidiary collectively released its financial report for the previous year.

Jiangcheng City is waiting for the financial reports of the Sihai Group and the Xingchen Group, because the financial data of the Sihai Group and the Xingchen Group is the best proof of Jiangcheng City's GDP.

Jiangcheng City held a press conference to announce that its GDP for the previous year totaled 21.23 trillion Dragon Coins, of which approximately 94.5% was related to the Sihai Group and the Xingchen Group.

I've never seen a city emphasize its connection to a particular company when announcing its GDP; Jiangcheng City has set a precedent.

Other cities were instantly disheartened when they saw Jiangcheng's GDP. Guangdong Province, which had been the GDP leader for many years, couldn't even match the GDP of Jiangcheng last year. At that time, they were all very dissatisfied and thought they would work hard next year to catch up with Jiangcheng's GDP.

The results of it?
They did work hard, and the province's GDP did increase, but the total amount was only 16.7 trillion Long coins, which is less than the 21.23 trillion Long coins of Jiangcheng City, equivalent to the GDP of the entire Haicheng City.

What is despair?

This is what you call despair!
It's not that I lack ability, nor that I haven't worked hard, nor that my grades haven't improved. But as I've improved, my competitors have become even better. Doesn't that lead to a mental breakdown?

Unsurprisingly, the annual reports of the Sihai Group and the Xingchen Group, along with the total GDP of Jiangcheng City, all became trending topics online, with major TV stations and media outlets vying to report on them, and netizens leaving numerous comments.

"My goodness, why are Mr. Yang's companies all so profitable? Let's not even talk about Sihai Real Estate, that disappointing company. What surprises me the most is that Xingchen Automotive made a profit in its first year, with a net profit of 135.5 billion Eagle Coins. Don't other car companies burn through cash at the beginning and suffer losses for many years before they can turn a profit? Why can Mr. Yang make so much money in his first year in the automotive industry? What kind of tricks are there in the financial reports of other car companies?"

"Mr. Yang's company contributes 94.5% of Jiangcheng's GDP. It's no exaggeration to say that he single-handedly supports the entire city. I suggest that the people of Jiangcheng should start worshipping Mr. Yang. He's a true god of wealth."

"At this moment, the phrase 'wealth beyond measure' has become a tangible reality. Before, I had only seen this phrase but couldn't accurately understand how wealthy it described. Now I finally understand the precise meaning of this phrase; it means 'Yang Chen.'"

"Mr. Yang has paid so much tax, Jiangcheng City should make good use of it. We must realize Mr. Yang's ideal of letting the rich help the poor, so that everyone can live a good life. We hope that the people of Jiangcheng can help us experience the feeling of being rich as soon as possible."

……

Soon, the financial reports of Yang Chen's group and the GDP data of Jiangcheng City were transmitted to the outside world. Economists and national economic think tanks from various countries, who had been waiting for a long time, were all shocked after seeing the data.

Although they had considered that Yang Chen's companies would perform very well and that Jiangcheng's GDP would be better than last year, they really didn't dare to imagine that it would be this good.

The White Eagle Economic Department convened an emergency meeting with the national economic think tank and economists to study the financial reports of Yang Chen's companies and the total GDP of Jiangcheng City.

Michael Connet, chief analyst at the Bald Eagle Economic Think Tank, looked at all the data with a serious expression and then sighed helplessly. He then said, "We've been trying to limit Yang Chen's company, but it gets better every year. Jiangcheng's GDP has reached 3 trillion Eagle Dollars, while New York's GDP last year was only 1.2 trillion Eagle Dollars. God, kill me, is this a miracle that humans can create?"

Economist Marquis followed up, saying, “I think our strategy is wrong. We were successful in dealing with other companies and individuals using restrictions and suppression methods before because their technology wasn't unique, so we could easily suppress them. But Yang Chen's technology has too many unique aspects. Restricting his development in our country has led our people to spend money in China, which not only hasn't reduced Yang Chen's income but has also boosted the economy of Jiangcheng City. For example, we haven't allowed Sihai Hospital to establish a special cancer treatment service in our country, which has led our patients to use the 10-day visa-free policy to receive treatment in China. I've said before that Yang Chen is different from others; he is the strongest and most unique opponent we've ever faced. We can no longer deal with him using the old methods.”

Commerce Secretary Reventon said, "Actually, lately I've been thinking about this sometimes, in the quiet of the night, whether there's something wrong with our policies. Why have we been trying so hard to restrict Yang Chen, but without achieving the desired results? Instead, we've watched him grow stronger. He's really special; the more we suppress him, the better he thrives. Perhaps we should learn from Europe and open our markets to cooperate with him. He has indeed made money from us, but at least we can retain some profits in our country, so that he doesn't take them all. What do you all think?"

There were 50 people in the conference room. It was so quiet that you could hear a single hair fall and hit the floor.

Are you kidding me?
If they were to completely open the market and cooperate with Yang Chen as they say, wouldn't that mean they admit to being conquered by Yang Chen?

Who are they?
They are the global hegemon, the bald eagle; how could they be so easily subdued by one person?
but!

I may not agree, but

Reason tells everyone that Reventon's statement makes sense. They've tried all sorts of methods but haven't been able to restrain Yang Chen. Instead, they're seeing him getting stronger and stronger. It would be better to follow Europe's example of opening up markets and cooperating with him, at least they can keep some profits in China.

Everyone was conflicted, unsure how to respond. Lead analyst Michael Connet sighed, "That's true, but we also need to consider the negative consequences of admitting defeat. The whole world will think we're finished, and the future belongs to China. What will we do then? Our current system survives by issuing Eagle Coins and exploiting the world. Once we lose our hegemony, Eagle Coins will lose credibility. If the world abandons Eagle Coins and switches to Dragon Coins, we'll collapse. I understand what you mean, and I know continuing to restrict Yang Chen is unwise, but we have no choice. Even if this path is fraught with darkness, we must continue walking it. We have no right to turn back or take a side road."

Everyone sighed and tacitly agreed with Michael Connet's statement.

Yang Chen's rise is unstoppable, just like the rise of the Dragon Kingdom. Everyone knows that the rise of the Dragon Kingdom cannot be stopped, but they should try their best to delay the arrival of this day. It is a good thing for them to have one more day of good life.

At this time, foreign netizens were also actively discussing Yang Chen's financial reports and Jiangcheng's GDP.

South Korean netizen: Damn, are you sure these figures are real? How could one person's company achieve this? Even our Samsung Group isn't that powerful, how could he be so amazing? The data must be fake. The whole world knows they love to put on a show, this data is as fake as the products they manufacture.

A netizen from Japan commented: "Data might be falsified, but urban development doesn't. I visited Jiangcheng City at the end of last year. Everywhere you look, there are brand-new buildings and wide, clean roads. Even Beijing and New York can't compare. We drove for over an hour to reach the countryside; you can imagine how large Jiangcheng's urban area is."

A netizen from the White-headed Eagle commented: "Seeing them so emphasizing revenue and net profit from overseas markets is a disgrace. They've taken all our money, and far too much. The money we've earned from China over the past few decades will soon be all gone to Yang Chen. This is truly a disgrace to other countries. Why can't we compete with them anymore?"
A German netizen commented: "It's not surprising that 'American' netizens would say such things, because you lack historical knowledge. Any country with a history knows that China has been powerful for five thousand years; it only went astray for the past two hundred years, leading Western countries to believe they were weak. Now they are back on the right path, and everyone should understand the meaning of 'the prosperous Han and Tang dynasties, with all nations paying tribute.' That day is not far off."

A netizen from India commented: "Historically speaking, we have over 7000 years of history, more than 2000 years longer than China. If China can do it, so can we. I believe our country also has a Yang Chen, just not fully grown yet. If the 5000-year-old China produced such a powerful Yang Chen, it's perfectly reasonable that we, with our 7000-year history, would produce someone even more powerful than him, right?"

A South Korean netizen commented: "Have those Indians drunk too much Ganges water again? Has their brain been infected with E. coli? I suggest you hurry up and find Yang Chen to treat your brains with nanobots. South Korea has the longest history in the world, spanning tens of thousands of years. Our Dangun once ruled Eurasia. If a long history guarantees strength, then our South Korean Empire will surely one day dominate the world."

Chinese netizens: Haha... If there are three, why is there also a great one? The existence of you two, the Crouching Dragon and the Young Phoenix, on Earth must be a deliberate act by the Creator, just so that you can provide laughs for people in other countries.

……

Yang Chen's team and Jiangcheng City have achieved remarkable results for two consecutive years, which the country has naturally noticed and appreciated.

Sure enough, at the press conference of the relevant department, the spokesperson announced a major piece of news.

With the approval of relevant departments, the Dragon Kingdom is preparing to establish its fifth municipality, and Jiangcheng is currently the most promising candidate.

If Jiangcheng achieves results this year that are no less than those of last year, it will be declared the fifth municipality directly under the central government by this time next year.

In addition, Yang Chen must attend the symposium for entrepreneurs that has been decided upon by relevant departments and leaders, and deliver an important speech as a representative of the entrepreneurs.

The spokesperson's words further amplified the buzz surrounding Yang Chen and Jiangcheng, with related topics generating record-breaking comments.

"Boss Yang is doing better now. The leaders have specifically asked him to attend the meeting and to speak on behalf of entrepreneurs nationwide. He can't even slack off anymore."

"Haha...that's hilarious. The leader specifically asked him to go, so he can't slack off this time, right? I think this is the right thing to do. The country should value entrepreneurs like Mr. Yang, encourage him, and encourage other entrepreneurs as well."

"Thank my ancestors for bringing me into Jiangcheng, we're going to become a municipality next year! Haha..."

"I'm so grateful that I studied hard and was able to settle in Jiangcheng through the talent program. Soon I will become a citizen of this municipality. Thank you, Mr. Yang, thank you, Jiangcheng City, and thank you, the country."

"No, it's already 2025. Are there still cities that haven't been chosen by the leadership to become candidates for municipalities? No way, no way? Haha... Just to clarify, I'm a native of Jiangcheng."

The Jiangcheng Municipal Government immediately convened a meeting to study the economic development direction and strategies for the coming year, and specially invited Yang Chen to participate.

Huang Zhenhua said with a smile, "Chairman Yang, tell us how we plan to develop in the coming year. Whether Jiangcheng can become a municipality directly under the central government by this time next year, and whether we can get promoted, all depends on you."

"Haha..." The whole audience burst into laughter.

Wang Wenkang followed up, saying, "Chairman Yang's company contributes 94.5% of Jiangcheng's GDP. I think if Chairman Yang's company does well, we will do well too. Come on, tell me about your plans for the coming year, so we can keep pace with you."

Yang Chen smiled and nodded, then stood up and said, "I also told them about the key tasks for the coming year at the group president's report meeting. For intelligent equipment and electronic products, just maintain the current foundation; we don't expect them to expand the market, but we also don't want them to regress too much. This year's key businesses are automobiles, medical devices, and pharmaceuticals. These three areas have strong growth momentum and still have significant room for growth. In addition, there are no more fields on Earth that can attract my attention; I will focus on developing the aerospace business in the future. I hope you can provide me with some support and convenience."

Huang Zhenhua nodded and praised, "Chairman Yang's development goals are all promising areas, so of course we should support him unconditionally."

Yang Chen continued, "By the way, I've paid so much tax and even gave up some tax refunds. You all need to help me achieve the goal of the wealthy helping the less fortunate. For example, starting now, all city buses will be free, and more parks, football fields, basketball courts, etc., will be built and opened to the public free of charge. The reimbursement rate for local residents' medical insurance will be increased to 90%, high school education will be universalized, and 12 years of free compulsory education will be implemented. If the money is not enough, I will pay more taxes next year. In short, we need to implement a universal welfare system throughout the city."

Huang Zhenhua laughed heartily and said, "Chairman Yang is truly a man of great ideals. He must be just like the chivalrous heroes in martial arts dramas who serve their country and people. No problem, we are just trying to secure the fifth municipality designation, so we can work on these basic welfare benefits."

Yang Chen nodded and said, "I will donate a number of libraries throughout the city and open them to all citizens free of charge. Knowledge changes destiny, and science and technology are the primary productive forces. Only by creating an atmosphere of learning for all can we cultivate more talents."

Huang Zhenhua nodded and said, "No problem! Our cultural and planning departments will follow up and plan a reasonable distribution of libraries for Chairman Yang."

After the meeting, Yang Chen left the municipal government.

The next morning, Jiangcheng City held a press conference.

Wang Wenkang chaired the meeting and announced a series of measures.

Starting this fall semester, Jiangcheng City will implement universal high school education and a 12-year compulsory education plan.

Starting this fall semester, Xingchen University will expand its enrollment in Jiangcheng City. At the same time, Xingchen University's degrees are equivalent to those of national public universities in Jiangcheng City, and employers in Jiangcheng City can give priority to Xingchen University graduates.

Starting April 1st, city buses will provide free service to citizens who have purchased local resident medical insurance or employee medical insurance, and the subway fare will be uniformly set at 1 yuan.

Jiangcheng City will add two new metro lines, Line 4 and Line 5, which will connect to Line 1 in Haicheng and Line 1 in Hecheng, respectively.

Starting today, Jiangcheng City will invest 1000 billion yuan to build basketball courts, football fields, parks and other facilities throughout the city, which will be open to the public free of charge.

Starting April 1, the reimbursement rate for local residents' medical insurance will be increased to 90%, with no minimum reimbursement threshold. You can be reimbursed for any amount spent, regardless of whether it is outpatient or inpatient care. Additionally, the reimbursement scope for certain diseases will be expanded.

The Jiangcheng Municipal Government will assist Mr. Yang Chen in building libraries throughout the city, opening them to the public free of charge, fostering a learning atmosphere for all citizens, and creating a talent training base.

These measures stunned the reporters on site. Was Jiangcheng City about to achieve socialism ahead of schedule?

(End of this chapter)