The unparalleled talent of the country started from Harbin Institute of Technology

"No, everyone is obeying the law and no one is going into the mountains to hunt anymore!"

Third Brother Wang Duozhi immediately smiled and said:

"Thanks to you, not only in our Dahonggou Village, but also in several nearby villages, everyone has a lot of money. Every household has bought a TV, a refrigerator, and a motorcycle, among other things."

“Every time I go to the market in town and want to buy something, they won’t let me spend any money; they always try to force me to buy things.”

"The respect people have for you isn't just lip service. I reckon that tomorrow or the day after, people from several nearby villages will come to give you gifts."

Last November, before the Wildlife Protection Law was promulgated, Dahonggou Village had already learned of the news.

Because Wang Duoyu had already told Zheng Baoyin and Wang Jianchao to call their parents and tell them to abide by the law and not to hunt anymore.

After the news was broadcast every evening at 7 pm, villagers in several nearby villages learned about it.

Many hunters even came to Dahonggou Village to ask Wang Shoucheng or Wang Duozhi: Did their ninth son say anything?
His third brother, Wang Duozhi, naturally relayed his words, telling everyone not to go into the mountains to hunt protected animals such as Siberian tigers anymore. If it were non-protected animals, then it wouldn't matter.

“Uncle Jiu, my wife’s family has stopped hunting in the mountains a long time ago. Everyone there abides by the law and wouldn’t do anything illegal or criminal.”

At this moment, Wang Jianda also chimed in.

"In recent years, everyone's lives have improved a lot. We may not be able to eat meat every day, but eating meat every other day is perfectly fine."

"Uncle Jiu, you previously mentioned the livestock breeding plan to the village, and you also arranged for so many technical experts."

Wang Jianda is Wang Jianchao's second brother and the son of Wang Duoyu's third brother.

Instead of going out to work, he stayed in Dahonggou Village, contracted two mountains, and raised tens of thousands of chickens and ducks, as well as thousands of pigs.

Although he only earns a few hundred thousand yuan a year, he is content.

This amount of money is not even a fraction of what Wang Jianchao has, but he is content with what he has.

Moreover, back in his hometown, Wang Jianda doesn't have to work hard; he grows all his own food and drink.

With modern planting machinery and experts stationed here, he naturally had no worries.

Now his family not only owns motorcycles, but also trucks, tractors, harvesters, and other equipment, which alone cost at least tens of millions of yuan.

This situation is not common in Qingshan Township, but most households certainly have appliances such as motorcycles, televisions, and refrigerators.

Since there is no shortage of food and drink, people naturally wouldn't go into the mountains to hunt just for a little food or animal hides, only to end up in prison. That would be too much of a waste.

"That's good!"

Wang Duoyu heard this and nodded:

Do you often experience power outages at home?

This is a big problem, concerning infrastructure.

Although this has little to do with Wang Duoyu, he is, after all, a professor at Harbin Institute of Technology. Not to mention Dahonggou Village, most of the power transmission equipment in the entire Heilongjiang Province has now been replaced with products developed by Harbin Institute of Technology.

If the power outage is caused by problems with transmission or generation equipment, then something is wrong and the technology needs to be improved.

But if it's due to human factors, that's a different story.

"Occasionally." Wang Jianda's eyes darted around, clearly something had happened.

Seeing this, Wang Duoyu did not press the matter further.

Anyway, it was just casual conversation; he wouldn't take on everything himself.

He just got back today, so he's giving himself some time to rest and chat with the people from his hometown.

But if you're talking about someone who manages everything, well, then he wouldn't need to rest.

Trying to do everything yourself only leads to unnecessary trouble.

The next day, Wang Duoyu took the children to the big lake outside to go fishing.

He brought all the equipment back with him.

Very complete.

Wang Jun'an and the other children were very happy to join in the fun, and even Wang Yifei was very enthusiastic, babbling along as she followed along.

"How can you fish in such cold weather?"

Liu Xiaoli didn't understand. She looked at the bare lake surface, the cold wind whistling, and the car parked not far from the shore.

Honestly, why torture yourself like this?

"You'll see how warm it is once the tent is set up," Wang Duoyu said with a smile.

"Uncle, let me help you dig the ice cave."

Zheng Baoyin stood beside him, holding the machine, and began to work.

There was a large portable power bank next to it, connected to the machine.

After pressing the switch, the engine started, and the sharp equipment on the ice surface quickly broke through the thick ice layer, and in no time, it had been cleared.

Break the ice and dig a hole about the size of a bowl.

After that, clean up all the broken ice and smooth out all the snow.

Then, the tent was set up, and thick carpets and other materials were laid out. In less than twenty minutes, an indoor winter fishing platform was ready.

Outside, the wind howled, but inside the tent it was very quiet, and the temperature was still rising.

Because we have electric blankets and a stove, we're not afraid of the cold at all.

"Look at this, isn't it cold fishing like this?" Wang Duoyu said to Liu Xiaoli with a smug look.

Then he received a glare in return. Wang Jun'an, Wang Jun'kang, Wang Yifei and the other kids rolled around in the tent, they couldn't be happier.

"This equipment is enough for you to buy several thousand kilograms of fish, right?"

"But even tens of thousands of kilograms, or even millions of kilograms of fish, can't buy the joy of fishing."

Wang Duoyu responded with a single sentence, leaving Liu Xiaoli completely speechless.

Who understands the joy of winter fishing?
Soon, Zheng Baoyin, Wang Jianchao, and the others also set up their tents and connected them with Wang Duoyu's.

Alright, now the tent is more spacious and lively.

For Wang Jun'an and his friends, happiness wasn't just doubled, it was many times greater.

"Uncle Jiu, how about a competition? Let's see who catches more fish?"

"Okay, by number or by weight?"

A few bored people discussed it briefly and soon started a fishing competition.

Before three o'clock, Wang Duoyu caught a big fish.

It was huge, probably weighing over twenty pounds. With a hole as thick as a bowl, there was no way he could get the fish out.

So this is quite simple, we just need to enlarge the opening.

However, before widening the opening, Wang Duoyu used a fish basket to put the big fish inside.

After securing the fish basket's outlet, he used only one rope to sink it to the bottom of the lake.

Only then did they begin to widen the opening.

"Uncle, are you cheating? There shouldn't be any fish over 20 pounds in this big lake at the entrance of our village, right?"

When Zheng Baoyin and his group arrived, they were dumbfounded.

It was indeed a fish weighing over 20 pounds; there was no way to get it out through a hole the size of a bowl.

Now that Wang Duoyu has put it in the fish basket, it's pretty much a declaration that he won the bet.

Cheating!

"Are you all sore losers?" Wang Duoyu burst into laughter.

"This big lake in our village was dug very deep back then, and we even transported a lot of big fish from Fuyuan."

"If those salmon weren't unsuitable for lake farming, I would have asked them to help me get some of these fish."

Salmon are migratory fish. The juveniles usually hatch in freshwater rivers such as the Heilongjiang River and the Ussuri River, and then drift downstream into the ocean to grow.

This type of fish can be farmed in lakes, but the difficulty level is extremely high and the technical requirements are very high.

That's why Wang Duoyu didn't want this kind of fish.

However, there are many other fish species in the Heilongjiang River basin, and he will directly raise any of them that can be farmed.

In addition, the lake in Dahonggou Village is very large, and it is not a completely stagnant lake.

Wang Duoyu had some water diverted from the upper reaches of the Songhua River into this lake, and then this water was allowed to flow out to directly irrigate some fields downstream.

In addition, the streams from the nearby mountains also flow into this large lake.

In short, this lake has many water sources and is not short of water.

Therefore, no one can say for sure how many species of fish are in this lake.

As for fish weighing over 20 pounds, there are definitely some in the lake, and there should be quite a few.

It was just a coincidence that Wang Duoyu caught it.

"It's not that I can't accept defeat, it's just that such a big fish is too much," Wang Jianchao explained with a wry smile.

He went fishing at sea with many Wall Street tycoons abroad, so his fishing skills are quite good.

I never expected that his ninth uncle would still be so amazing.

It's like a hexagonal warrior, without any flaws.

Soon, the hole was opened, and we should be able to get the big fish out soon.

But Wang Duoyu isn't in a hurry to scoop the fish out.

He didn't even plan to take the fish out; if it was still lively after the event, he would release it.

This large lake really needs big fish like this.

As the sun gradually sets in the south, today's fishing competition is coming to an end.

Without a doubt, the fish that Wang Duoyu caught and put in the tank, in terms of both weight and number, exceeded those of Zheng Baoyin and his group.

Today's fishing champion is a shoo-in.

Wang Duoyu released the large fish weighing over 20 pounds from the fish basket in the lake without catching it.

Since it wasn't injured and was full of energy, there was no need to pull it out.

Most importantly, Wang Duoyu and his friends couldn't finish it all.

Otherwise, we could probably fish it out.

The next day, Wang Duoyu was chatting with Zheng Baoyin and a few others in his study.

"Baoyin, Jianchao, I plan to set up an MP3 factory in Harbin in the second half of this year. Who do you think is suitable to be in charge?"

Upon hearing this, Zheng Baoyin and the others were immediately filled with surprise.

Is Want Want Group trying to steal market share from Harbin Institute of Technology?
Could it be because Wang Duoyu doesn't trust Harbin Institute of Technology?
Since its establishment, Want Want Group has focused on products such as clothing and luxury goods. It later gradually entered the financial field, and then in 1985, it established Walsin Technology to enter the computer market.

It's 1989 now, and Wang Duoyu is actually thinking about entering the MP3 market.

MP3 players were only launched globally in May 1987, making them an undisputed profit growth driver for Excellence Technology.

Now Wang Duoyu actually wants to enter this market. Is that feasible?

Why are you all mute?

"Uncle Jiu, are you going to separate from Harbin Institute of Technology?"

"What are you thinking? I have my own plans. Just carry them out and stop making excuses. You don't need to worry about anything else."

Are there any suitable candidates within the Want Want Group?

Yes, there are quite a few.

Zheng Baoyin and the others each recommended one person. After listening, Wang Duoyu reviewed the information on these people in his mind, thought for a moment, and then said:

"Alright, after the Spring Festival, let them report to headquarters. We'll let them make some initial contacts then, and after the company is established in the second half of the year, I'll select the best candidates to see who is the most suitable."

The Want Want Group is now teeming with talent.

Therefore, we are naturally more cautious in selecting personnel.

The matter was settled just like that.

What to do next is a matter for later.

For the rest of the time, I either fished, occasionally went for a stroll in the neighborhood, or stayed at home.

Villagers from nearby villages did indeed bring a lot of local produce to Wang Duoyu.

However, Wang Duoyu did not accept these gifts, not only because he was not short of food, but also because the gifts they gave were quite valuable.

Time flies, and on February 1st, Wang Junhong actually returned to Dahonggou Village by helicopter.

When the helicopter landed on the flat ground at the entrance of the village, the loud roar had already attracted a lot of villagers to watch.

Even though it's a cold and windy day, it can't stop people's curiosity about helicopters.

I wondered who it was. They actually came by helicopter, what a grand entrance!

Wang Duoyu has already arrived home, so there's no reason for anyone to have a bigger entourage than him, right?

When Wang Junhong got off the plane, Wang Yufen, with her sharp eyes, finally recognized who he was.

After all, Wang Junhong grows up very quickly, but his appearance is still recognizable, and Wang Yufen often visits her ninth uncle's house, so she can naturally recognize him at a glance.

The village erupted in excitement upon learning that Wang Junhong had returned.

"How old is he? He's already riding in a helicopter?"

Many villagers looked on with envy, but not jealousy.

Some are born in Rome, while others are born to be beasts of burden.

In less than two days, the nearby villages, and even the entire Qingshan Township, knew that Wang Junhong had returned to the village by helicopter.

And he was already learning how to fly an airplane.

"Do you know what? He's only eight years old, nine by the traditional Chinese age reckoning, but he's already almost as tall as my eldest son."

"I've checked. Professor Wang's son, Wang Junhong, should be around 1.5 meters tall, or even 1.6 meters tall."

"What you said is as good as saying nothing at all. You're just guessing. You might as well go ask Professor Wang."

While the villagers were gossiping about Wang Junhong's situation, Wang Duoyu was already preparing for the Spring Festival.

Lunar New Year's Eve falls on the 5th this year, so the Spring Festival is just around the corner.

"cheers!"

At 6 p.m. on February 5th, it was already dark outside. The New Year's Eve dinner had just begun, and everyone raised their glasses to celebrate.

Today is the last day of 1988, and tomorrow is the first day of the Lunar New Year.

Everyone cheered, raised their glasses, took a sip, and before they even put down their glasses, they were already setting out their chopsticks and starting to eat.

Inside the warm and cozy ancestral home, the whole family gathered together, with the two elders, Wang Shoucheng and Wang Duozhi, being the happiest.

The older people get, the more they enjoy being around people.

The lively atmosphere is especially gratifying for the elderly.

Although their parents passed away early and were unable to witness this reunion, the Wang family's lineage is thriving and will surely continue for a long time.

"Back in the day, we didn't go home for Chinese New Year. I was even selling calendars on the streets of Shanghai on New Year's Eve."

Zheng Baoyin smiled broadly and said with deep emotion.

This one sentence immediately sparked a conversation, with everyone sharing their opinions and reminiscing about the past.

More than half an hour later, someone suddenly asked:
"By the way, isn't Uncle Ten coming back this year either?"

Tenth Uncle?

Tenth Brother?

That is, Wang Duoyu's younger brother, Wang Duoshi, of course he won't come back.

The ancestral home was much quieter now.

But soon someone responded and then changed the subject.

Clearly, no one wanted to talk about Lao Shi during such a happy time.

Just as everyone was chatting enthusiastically, the light bulb above their heads suddenly went out.

The room instantly darkened, with only the portable stoves under the dishes on the table providing light; there was no other light at all.

"Light the candles! Damn it, why is the power out again?"

Inside the ancestral home, there was complete chaos.

It quickly lit up again because the candles had been lit.

Wang Duoyu then directed his eldest brother, Wang Junhong, to go home and fetch a portable power bank to power up the house.

Several teenagers then volunteered to follow Wang Junhong away.

The power outage actually happened on the night of Lunar New Year's Eve.

Incredible indeed!

After the power was turned on, Wang Duoyu and the others continued eating.

He was almost full by then, so after about ten minutes, Wang Duoyu put down his chopsticks and went to make a phone call.

Since there's no cell phone signal, the only option is to use a landline to make calls.

A power outage is bound to be a widespread event.

However, the power outage on New Year's Eve was somewhat unexpected for Wang Duoyu.

Strangely, he couldn't make any calls from the landline either, and Wang Duoyu's heart skipped a beat.

He made a quick decision and immediately told Yuan Zuliang and the others about it.

Upon hearing this, Yuan Zuliang immediately became anxious. This was no small matter and needed to be thoroughly investigated.

Otherwise, I'd feel uneasy.

Their security department has a mobile satellite phone, so no matter what happens, they can contact the outside world.

The village of Dahonggou is completely without power, and the telephone lines are also cut off from contact with the outside world, so the truth of the matter is probably not so simple.

No one expected such an accident to happen on Lunar New Year's Eve.

Ok?
After making contact with the outside world by phone, Yuan Zuliang was somewhat puzzled.

Yan Daowen quickly investigated and found that there had been no unexpected events recently.

However, they still urgently sent people to provide support, in case anything happened to Wang Duoyu. Back in Beijing, Fang Lihe, Lü Yangui, and others quickly learned about the power outage in Dahonggou Village.

Everyone's hearts jumped into their throats.

"Investigate this immediately. I want to see who dares to cause trouble at this time."

In less than half an hour, several large trucks arrived outside Dahonggou Village.

Fan Rongqing led his team here, and after coordinating with Yuan Zuliang and his team, he quickly dispatched scouts to conduct reconnaissance in the vicinity.

Meanwhile, drones also took off and patrolled the vicinity.

Fortunately, Wang Duoyu brought a lot of power banks with him this time, otherwise, things would have been really difficult after the power outage.

"no one!"

The scouts quickly reported back that there was no one nearby.

It's Lunar New Year's Eve, and it snowed around 3 or 4 pm, so if anyone is around, they can easily spot some clues in the snow.

Snow that has been cleared by humans is completely different from the scene after a snowfall.

Especially Fan Rongqing and his group, who have lived in this area for many years, are naturally very familiar with the environment.

"You mean there's nobody here?"

Wang Duoyu frowned deeply after receiving the report.

what is happening?
At this time, Liu Xiaoli and the others were all at the ancestral house, while only Wang Duoyu was in the car at the door, sitting with Yuan Zuliang and the others.

What happened today is strange, but for safety reasons, it definitely needs to be investigated thoroughly.

"Battalion Commander Fan, could you please send someone to the Qingshan Township Power Supply Station to investigate and find out what's going on?"

After thinking it over, Wang Duoyu decided that restoring the power supply was more important.

Anyway, no one is coming over right now. Even if someone were, Fan Rongqing and the others are here, and Yuan Zuliang and the others are also on high alert, so safety shouldn't be a big problem.

"Okay, Professor Wang, I'll arrange it right away."

Upon hearing this, Fan Rongqing immediately made a phone call.

Fan Rongqing was the acting company commander back then, and later became the official company commander.

Ten years have passed since 1978, and Fan Rongqing has now become a battalion commander.

Time flies!

An hour and a half later, power was restored to Dahonggou Village, but the exact reason for the power outage remains unknown to this day.

By this time, the Spring Festival Gala had already started for some time, and people didn't know what had happened, so after the power was turned on, they simply turned on the TV to watch the Gala.

Wang Duoyu returned to his study, while Yuan Zuliang and the others stood guard outside.

Just as Wang Duoyu returned to his study, a number of people arrived at the gate of the Qingshan Township Power Supply Station.

Township leaders arrived, along with a second-generation employee who works at the power supply station. It was his shift today, but he was still busy 'finding the cause of the power outage and repairing the machinery'.

The reception for the leaders consisted of only a few pleasantries.

Because he was quite audacious, he took advantage of the fact that he was the only "technician" at the moment and bullied the leaders who didn't understand technology.

So they brazenly pretend to be repairing things.

As time went on, the leaders urged them again, but the second generation remained unhurried and turned around to say that they hadn't found the cause yet and hadn't fixed it.

Looking at the pile of dismantled wires, everyone felt a chill run down their spines and was as anxious as ants on a hot pan.

Just then, a group of leaders suddenly appeared at the door; they were leaders from the county town.

Meanwhile, the soldiers sent by Fan Rongqing had already arrived at the entrance of the power supply station.

"What's going on? What's wrong with your power supply station? Why hasn't the power been restored after so much time?"

After several imposing leaders appeared and asked serious questions, everyone in the power supply station dared not even breathe.

The leaders of Qingshan Township, a total of seven or eight people, arrived, and they were all shocked.

It was just a minor power outage, but the leaders of Shuanghe County not only made multiple phone calls, but also came to the scene.

This has really blown up.

The second-generation rich kid was still pretending to do repairs, unaware that among the leaders from Shuanghe County, two were actually power experts.

After examining the area, they immediately noticed something amiss.

The power switch was actually pulled down; this is ridiculous.

After confirming that there was no problem with the wires, they immediately turned on the switch.

Yes, it's powered on.

So what's going on?
"Who's on duty today? It's you, young comrade, right? Explain yourself, what's going on here?"

The leaders were furious, but they still managed to suppress their anger and ask for clarification.

The second generation was completely dumbfounded. How could someone have seen through his little trick?

He offered two hesitant explanations, which were completely nonsensical.

"Suspend him immediately and investigate the specific reasons." The leader certainly knew what was going on.

So he immediately spoke to the leaders of Qingshan Township:

"This matter must be dealt with seriously and investigated thoroughly. I want to see who dares to make trouble about this."

"The leaders in Harbin and Beijing are both watching this matter closely. What a mess your Qingshan Township has made this time! Humph!!"

The second-generation heir turned ashen-faced and collapsed to the ground, his eyes devoid of any light.

It wasn't until nearly 10:30 that Wang Duoyu received a phone call.

It was Fang Lihe from the capital who called.

"Duoyu, Happy New Year! It was a false alarm that your Dahonggou Village experienced a power outage today."

After hearing Fang Lihe's words, Wang Duoyu was speechless.

Here's the situation: a second-generation rich kid came to the Qingshan Township Power Supply Station. He's very arrogant and has offended many people.

This second-generation rich kid really doesn't respect people.

Because it's a power supply station, someone needs to stay on duty even on New Year's Eve.

According to the lottery system, the second generation was unlucky enough to be selected.

He naturally didn't want to stay on duty; he wanted to go home for the holiday.

So he wanted to trade with someone, and even offered to pay the other person to help him trade.

As expected, they were all rejected.

The resentful second-generation heir, while everyone was enjoying their New Year's Eve dinner together, suddenly pulled the gate shut and, under the guise of maintenance, summoned people.

The entire power supply station was in an uproar.

Originally, this was just a small matter, but not only did leaders from Harbin call to inquire, but even Beijing called.

The top two leaders of Shuanghe County, as well as the top two leaders of Qingshan Township, all came to the power supply station.

There's no way to be in a hurry, since the place where this second-generation leader broke the gate is actually in the Dahonggou Village area.

In the entire Shuanghe County, the place you absolutely cannot mess with is Dahonggou Village.

It's not just because Wang Duoyu's hometown is Dahonggou Village, but also because there are a large number of aquaculture farmers here.

If a power outage causes widespread frostbite and death among the animals in those farms, that would be a serious problem.

With so many leaders arriving, the investigation quickly revealed that the power outage was caused by the second-generation fault code.

After learning the whole story, Wang Duoyu was truly speechless.

This kind of person is really going too far.

"This person has been dealt with seriously now, Duoyu, don't worry. Luckily, it was a false alarm this time, otherwise, we wouldn't be able to sleep peacefully tonight."

Upon hearing Fang Lihe's words, Wang Duoyu echoed them twice before hanging up the phone.

Although it turned out to be a false alarm, Wang Duoyu was still affected.

Fortunately, it was almost bedtime, so he told Liu Xiaoli and the children and then prepared to go to sleep.

But after tossing and turning for more than an hour, I still couldn't fall asleep.

Liu Xiaoli, who was sitting next to her, opened her eyes groggily and asked, "Didn't you say you were going to sleep? Why aren't you asleep yet?"

"Okay, I'm going to sleep now."

Wang Duoyu responded, then cleared his mind of all thoughts and began to fall asleep.

He rarely suffers from insomnia; if he does, it's probably because he wasn't tired enough during the day.

The next day was the first day of the Lunar New Year.

The happiest part for the children is receiving red envelopes.

Old Wang has a lot of relatives, and since everyone is now wealthy, the time when red envelopes are distributed is the happiest moment for the children every year.

For example, Zheng Baoyin and Wang Jianchao are probably the richest people in Dahonggou Village besides Wang Duoyu.

Therefore, the red envelopes they each gave out always started with 1,000 yuan.

This year there were even more, with some people paying two thousand directly.

In April of the year before last, the fourth set of RMB banknotes was issued, and the largest denomination was not ten yuan, but one hundred yuan.

Therefore, people don't give such bulging red envelopes anymore.

Wow, cousin, you gave such a big red envelope? Ten thousand yuan?

When Wang Junhong opened the red envelope, he exclaimed in surprise, instantly attracting the strong attention of the other children.

Ten thousand yuan?
Isn't it two thousand?
There were a total of one hundred 100-yuan bills, which amounted to ten thousand yuan.

Everyone else had twenty 100-yuan bills, so the difference became apparent.

"Baoyin, this kind of differential treatment isn't a good thing. The children will talk about it. Hurry up and re-wrap it."

Upon learning of this, Wang Duoyu immediately glared at Zheng Baoyin.

Originally, he wanted Zheng Baoyin to take 8,000 yuan from the red envelopes of Wang Junhong and the other children, leaving only 2,000 yuan.

Unexpectedly, Zheng Baoyin took out other red envelopes and gave them to each of the other relatives' children.

If we calculate based on a red envelope of 10,000 yuan per person, even if there are fifty relatives and children in Old Wang's family, it would only amount to 500,000 yuan.

"Dad, do we no longer need to give the red envelope to Mom for safekeeping? I'm all grown up now, I can keep it myself!"

After receiving the red envelope, Wang Junhong excitedly went to his father and said with bright eyes.

Is an eight-year-old supposed to be in charge of managing red envelopes?
With so much money, can he control all of this wealth?
“No, you’re too young to manage your own money!” Liu Xiaoli immediately said, stopping her.

Upon hearing this, the little guy immediately pouted, looked at his father expectantly, and then went to his mother to whine and beg to be in charge of the money.

Throughout history, the power of finance has always been an unavoidable topic.

Looking at the child in front of him, who was only eight years old but already had a lot of independent ideas, Wang Duoyu suddenly fell into deep thought.

After a while, he called Liu Xiaoli into his room to discuss the matter.

Money should be managed, but children's thoughts should not be ignored.

As children grow up, they need to be exposed to money, so it's important to cultivate their financial management skills.

And the ability to resist the temptation of delicious food and avoid being deceived.

So he and Liu Xiaoli discussed it in the study for nearly an hour before they finally determined the general strategy.

After coming out, Wang Duoyu sat with Liu Xiaoli and called over the four children: Wang Junhong, Wang Junan, Wang Junkang, and Wang Yifei.

Well, Wang Yifei is only one and a half years old, still too young to understand.

The third child, Wang Junkang, will be three years old in a little over a month. Although he is not very sensible, he knows what he wants.

Therefore, today's family meeting is more focused on the two children, Wang Junhong and Wang Junan.

"Come on, take stock of your own red envelopes and see how much money is in them."

Liu Xiaoli said, "Let's follow these steps first; this is also a way to develop the child's abilities."

Although today is only the first day of the Lunar New Year, most of my relatives back home have already received their red envelopes.

As for the red envelopes from other people, such as those from Harbin Institute of Technology and some executives from Want Want Group, we'll have to wait for that.

The third son was fairly good at counting, but after counting past one thousand, this is what he said:
“800、900、1000、2000、3000”

He was counting out 100-yuan bills, but he started from 1000 and kept adding 1000 at a time.

Good heavens, Wang Duoyu and Liu Xiaoli were completely dumbfounded.

It was the eldest brother who spoke up and pointed out the little guy's mistake; otherwise, today's situation would have been quite comical.

Liu Xiaoli helped count Wang Yifei's red envelopes, but she is still too young. Like her older siblings, she will start managing her own money after she turns four.

After a while, all four children's red envelopes had been counted.

Each child received the same red envelope, totaling 32,250 yuan and 52 fen.

Where did the 52 cents come from?
This was given to Wang Duoyu by his eldest and third brothers; it was all old money from before.

Although the fourth edition of RMB has been issued, the third edition is still in use by many people.

For example, Wang Duoyu has collected quite a few banknotes like the "Big Black Ten" at home.

A red envelope containing more than 30,000 yuan is definitely a very large sum of money.

Let alone the wealthy families of ten years ago, even now, many families might not be able to come up with 30,000 yuan even if they pool all their resources.

"Here's the thing, I've discussed it with your mother, and it's not impossible for you to manage the money if you want."

There were four stacks of money on the table, and the children stared at them longingly. When they heard their father's words, the eldest, second, and third children's eyes lit up.

"But to prevent you from spending money recklessly, you need to learn how to manage your finances."

"At the same time, to prevent your money from disappearing all at once, this money will be deposited in the bank in my name and your mother's name."

“You can withdraw a sum of money regularly each month, and you need to record every time you spend it. At the end of the year, your mother and I will check the accounts, and if the accounts don’t match, we will remove you from managing the money.”

Upon hearing this, the eldest brother immediately raised a question:

"Can't we just deposit our money in the bank ourselves?"

"You are a minor. You can go to the bank and ask if they will open a bank account or passbook for you."

After a pause, Wang Duoyu continued:

"Besides, we're depositing your money in the bank for you, and we also need to keep statements for you, recording exactly when you withdraw money and how much you withdraw. This work is all free, and we don't even charge you the interest the bank pays."

Is there interest?
Wang Junhong and his group were even more delighted and immediately inquired about the interest rate.

In 1989, deposit interest rates were very high, with the five-year deposit rate reaching 14.94%.

In other words, if you deposit 10,000 yuan for five years, the annual interest will be 1,494 yuan, and the total interest for five years will be 7,470 yuan.

That interest rate is quite high.

The children's eyes lit up immediately upon hearing this.

If you deposit all 30,000 yuan in the bank, wouldn't you get 22,410 yuan in interest after five years?
In just five years, they've made an incredible amount of money.

"Have you thought this through? You want to deposit 30,000 in a five-year fixed deposit?"

Wang Duoyu immediately asked with a smile.

The high deposit interest rates in those years were due to the very high GDP growth rate; for example, in 1984, the GDP growth rate was 16 percent.

The GDP in 1987 was even higher, reaching 18.5%.

However, at the same time, in July 1988, prices rose by 19.3 percent.

Such rampant inflation has also triggered a wave of panic buying in society.

Many people bought 200 kilograms of salt at once, and many people went to the bank to withdraw their money, causing bank runs in many banks.

That's really outrageous.

Last October, Fang Lihe told Wang Duoyu that the total savings of residents nationwide amounted to only 500 billion yuan.

Having so little savings isn't a good thing either.

Many people in this era came from a time of hunger, and many have never even had enough to eat.

At a time when prices are rising so rapidly, people with money in hand are naturally worried that prices will rise further, which is why they buy so many daily necessities such as salt and matchboxes at once.

This is why deposit interest rates are so high.

"Dad, is there any interest rate higher?"

The second brother spoke up and asked, but Wang Duoyu shook his head:

"The interest rate for an eight-year deposit is 17.64%, but I won't let you deposit it for that long because you're too young and don't understand financial management."

"Prices outside are changing every day. Saving for five years is still okay; the value won't depreciate too much, and the interest will be barely enough."

"But if it's an eight-year deposit, that's too long and not cost-effective for you."

"Hey, you two, have you been shopping at the mall lately? Have you noticed that White Rabbit candy is a lot more expensive than before?"

The children nodded repeatedly, and even Wang Junkang knew about it.

Whether it's a three-year-old child or Wang Junhong, who is already eight years old, they all love to eat White Rabbit milk candy.

In fact, Wang Duoyu and Liu Xiaoli, both adults, also like to eat sweets.

But they are adults and can restrain themselves, unlike children who are completely unable to control themselves.

"So five years is enough for the deposit. We can talk about the future later."

"You're all still young, and having too much money isn't a good thing."

Wang Duoyu has already said so much, what else can the children say?

"Of course, you shouldn't think that you don't have any income. You do, it just depends on whether you're willing to earn it through your hard work."

Upon hearing this, Wang Junhong and the others' eyes lit up immediately.

They all pressed for details, asking what it was.
Liu Xiaoli then picked up the conversation, saying:
"You'll find out the specifics later. Right now, all you need to do is deposit the money safely, and then..."

Purchase a diary to record your daily expenses.

Seeing the little guy's excited expression, Wang Duoyu and Liu Xiaoli exchanged a glance: They knew what to do! (End of Chapter)