Black technology: a super empire spanning two worlds

Chapter 163 [2022 Annual Report Exceeding Expectations Released]

According to official statistics, there are currently more than 4000 million people receiving subsistence allowances nationwide.

It is no exaggeration to say that even if the HP Fund covers all the low-income people in the country, it can still afford it. The financial subsidy of 350 yuan per person per month and the annual budget expenditure is about 1700 billion yuan, which the HP Fund can afford now.

Not to mention in the future, it will only get easier because HP Fund's sources of income will become larger and larger.

Now the HP Fund's book funds are already quite sufficient. The free donation of 2% of Lingjing Technology's equity by Ruilian Group alone is more than 2100 billion yuan. The total book funds are more than 2600 billion yuan, all of which are real cash.

The first livelihood project that the HP Fund has confirmed is financial subsidies for 150 million low-income people in Linzhou City. The total annual expenditure here is only 63 billion yuan. How the remaining 2500 billion yuan will be spent has not yet been determined.

Xiao Yu transferred about 50% of his own shares in Lingjing Technology to HP Fund. Together with those transferred by Xu Changming and others, the book market value here has reached more than 7 trillion yuan, and it will sooner or later exceed 10 trillion yuan. This gives HP Fund a strong guarantee capability.

Of course, HP Fund will definitely not cash out the approximately 50% equity transferred by Xiao Yu. This is impossible. Instead, it will hold the shares and receive dividends in the future.

Xiao Yu asked Lingjing Technology to distribute one-third of its profits as dividends every year, which was actually paving the way for transferring 50% of the equity to HP Fund. More than half of the dividends would flow into HP Fund, and the other half would be shared with investors and managers holding shares.

In the future, if Lingjing Technology distributes dividends of 1000 billion yuan a year, HP Fund will be able to get more than 500 billion yuan. If it distributes dividends of 2000 billion yuan a year, it will get 1000 billion yuan. This will provide HP Fund with the most stable source of income.

Just then, the two people in the office heard a knock on the door.

"Come in." Xiao Yu tilted his head and glanced in the direction of the office door. After a moment, he saw Yun Shu walk in with a financial report document. Xu Changming, who was standing next to him, chatted with Xiao Yu for a few words and then left the office to go about his business.

"The company's 2022 financial audit has been completed." Yun Shu came and sat next to Xiao Yu, and handed him the materials he brought.

Xiao Yu took the document and said in surprise: "The efficiency is so fast this time?"

Glancing at the beautiful assistant, Xiao Yu retracted his gaze and turned to browse the financial report. Yun Shu smiled and said, "The efficiency has been improved. Isn't that good?"

Xiao Yu smiled without even looking up and said, "Okay, of course."

Yun Shu was forcibly promoted by Xiao Yu to the position of the company's top financial official. Now a year has passed. Although she is not a financial background, she is becoming more and more adept at her job.

After a while, Yun Shu simply said: "In 2022, the company's annual revenue was 2356.53 billion, an increase of +200.71% year-on-year; net profit attributable to shareholders was 728.16 billion, an increase of +236.59% year-on-year. The growth in the fourth quarter exceeded our internal expectations, and part of the unexpected growth in the fourth quarter came from the increase in revenue of the AI business segment."

The AI business unit of Lingjing Technology is currently profitable from the AI Xiaojing Enterprise Edition, but the real profit maker of this business unit is the Personal Edition, which is not profitable yet. In other words, the AI business has not yet reached the point of truly taking off.

Xiao Yu glanced through the materials and put them down, nodding with great satisfaction, "Very good, this year's performance will usher in a big explosion, and it will not be a problem to reach 8000 billion in annual revenue."

There are two unexpected highlights in Lingjing Technology's profit forecast this year. One is that the price of products sold to Laomei has doubled after purchasing graphene from the Chinese. This doubling is all pure profit. The other is that Xiao Yu decided that the personal version of AI Xiaojing will officially start making profits in the second half of this year when it is fully open for use, and will charge for AI productivity tools.

As for future new businesses, holographic projection, VR headsets, and more long-term smart holographic bracelets, bionic robot butlers, etc. have been confirmed.

In addition, the single-organ cloning technology of the biotechnology sector has also been finalized. This is another trillion-level market. However, Xiao Yu does not intend to set a high price for the single-organ cloning technology so that only the rich can afford it.

If you want to have an organ transplant now, you not only have to wait for a donor, but the cost of the operation is hundreds of thousands or even millions of yuan. Such a cost is simply out of reach for ordinary people. Xiao Yu's goal is to make the cost of single organ transplantation affordable for most ordinary people, so that everyone can enjoy the extension of life. Only when the cost of single organ transplantation can be reduced to about 3 to 5 yuan, can it be widely used.

Even ordinary people with a monthly income of 3,000 yuan can afford a transplant surgery at this cost. Although it is a considerable amount of money for them, they can definitely afford it. Even if they earn 3,000 yuan a month, they can save up the money for the surgery by living frugally for two or three years. No matter what, their family will not be broken up because of such an operation.

After a while, Xiao Yu turned his head to look at Yun Shu and asked, "How much tax did our company pay last year?"

Hearing this, Yun Shu immediately replied: "825.62 billion."

Xiao Yu couldn't help but laugh when he heard the number: "Linzhou City should have no concerns about promoting the low-altitude economy and air-rail projects. We are just waiting for notification from above."

If Lingjing Technology wanted to actively and reasonably avoid taxes, it could definitely pay 500 billion yuan less in taxes, and it would be completely legal and compliant. However, Xiao Yu did not do so. He even did not allow Lingjing Technology to apply for some tax reduction and exemption preferential policies to support technology companies.

I have to say that the scale of this tax is exaggerated. It is 672 billion more than Huawei's 153 billion. You must know that Huawei's revenue in 2022 was more than 6400 billion, while Lingjing Technology's was 2356 billion. The revenue scale is 4000 billion less than Huawei, but the tax amount is more than 150 billion more.

Linzhou City's tax revenue for the whole year of 2022, excluding Lingjing Technology, is 1620 billion yuan. After including the tax revenue, the total tax revenue is 2445 billion yuan, which means that Lingjing Technology alone accounts for more than half of the total tax revenue.

If Lingjing Technology's revenue reaches 8000 billion next year, based on a rough calculation that the current tax payment accounts for about one-third of the company's revenue, it will contribute more than 2700 billion in taxes next year, directly covering Linzhou City's total annual tax revenue this year by more than 270 billion yuan.

There is no doubt that this is definitely the super god of wealth in Linzhou City, and even several first-tier cities are crying with envy.

Finally, Xiao Yu ordered: "Disclose the annual report today, and also announce the cooperation agreement with the Magnesium people today."

Yun Shu nodded and replied lightly: "Yeah."

The two chatted for a few words, and then Yun Shu left and started to make the announcement to the public.

At around 18:, Lingjing Technology issued an announcement to the public and officially disclosed its annual report. This caught the outside world off guard. No one expected that Lingjing Technology would disclose its financial report so early, which was completely unpredictable.

Last time it was delayed to the last date, but this time it was too early. The latest disclosure time for the annual report is the end of April, and now it is only mid-January. Lingjing Technology has thus become the first listed company in the A-share market to disclose its annual report.

Investors from all walks of life were shocked after reading this financial report and found that they still underestimated the company's performance. This was far beyond the expectations of market analysts. The market predicted that Lingjing Technology's performance growth in 2022 would be around +157%. The actual situation exceeded expectations by +43%, which was definitely seriously beyond expectations.

Another cooperation agreement signed with the magnesium people caused a sensation in the capital market after it was announced.

Because this news was sudden and the market had no expectations at all, and it was a sudden and major positive news, the agreement clearly stated that the magnesium country would purchase graphene materials from Lingjing Technology, and the price was twice as expensive as in China.

The logic behind price increase is one of the most rigid logics, and every penny of increase is real profit.

Now almost the entire market unanimously believes that when the stock market opens tomorrow, Lingjing Technology's share price will definitely set a new high. Such a major positive news that exceeds expectations is bound to set a new high.

……

(End of this chapter)