Those Years When I Was Forced to Top the Forbes List

Chapter 105 Super Harvest

July 28th marks two days since the end of the second batch of undergraduate admissions in Chongqing.

"The tolling of the bells signaled her return home, a moment in her life..."

Since Gou Hongyi came to Shenzhen, there has always been music in his office at Henggang Building.

The phone on Chen Xuebing's desk suddenly rang. Upon seeing the incoming call, he immediately raised his hand and pressed it down.

He answered the phone only after the music turned off, and laughed:
"Mom, have we arrived?"

A few days ago, his admission status was finally updated, and his dream of going to university came true.

"It's here! It's here!!" My mom's voice, barely containing her excitement, rang out on the other end of the phone. "A hard-shell envelope! They said it contains my university acceptance letter! I... is it okay for me to open it now?"

Chen Xuebing chuckled: "It's not like it's a student record, so go ahead and open it."

After a while, a scream came from the other end of the phone.

"Brother, you really got into university!"

Just as Chen Xuebing was about to laugh triumphantly, Chen Xuejin continued to demonstrate his fine tradition of always having a killer move within three sentences.

"School of Humanities... Tourism Management... What? Dude, you're going to be a tour guide? Aren't you from Jiaotong University? Why aren't you studying civil engineering?"

Chen Xuebing's face darkened.

Since this bastard knows that Jiaotong University should teach civil engineering instead of transportation, he must also know that tourism management is not about becoming a tour guide, but about developing tourism.

Moreover, Xin Mengzhen had bought him books about universities, so there's no way he hadn't read them.

This is deliberately meant to provoke him.

Before he could even respond, Chen Xuejin's dissatisfaction followed.

"Brother, did you and Sister Xin have a falling out? She hasn't contacted me in a long time."

Chen Xuebing gritted his teeth and retorted, "She's going to university too, how will she contact you?!"

"Alas...you don't understand, smart people have their own methods."

"Damn it..." Chen Xuebing got angry and started thinking about buying a plane ticket.

But Chen Xuejin's mother, unusually, scolded her: "Xuejin! Don't talk about your brother! How bad was your brother's foundation? He worked so hard to get into university. You should be proud of him and learn from him! You must protect his image when you're out and about, and don't say anything bad about him! Do you understand?"

"Oh…"

"Hey." Chen Xuebing felt his status in the family had risen dramatically.

"Studying for military service," Mom said again.

"Ah."

"By the way, that Xiao Yang... she's from Chongqing, right? She's your deskmate, and she's a good student. She must have helped you a lot. Shouldn't we treat her to a meal?"

"Hey."

Chen Xuebing stood up.

"Hello? Can you hear me?"

"I can hear you!"

"Hey Mom! I'm on a business trip! On the train, about to go through a tunnel! I have to go now! I'm busy, um."

"Hey, when are you coming back..."

"beep."

"Pfft...cough cough cough..."

Chen Xuebing had just hung up the phone when he heard Gou Hongyi chuckle from his workstation. He glanced over and saw Gou Hongyi choke back a laugh.

Chen Xuebing noticed that the others were also suppressing their laughter as they watched him. He sneered, "Laugh? I got into a second-tier university. Some people brag like crazy, but they only got around 400 points, not even making the cutoff for a third-tier university. They still have the nerve to laugh?"

Upon hearing this, Lu Yiwen laughed.

Gou Hongyi immediately turned around and mocked, "Lu Yiwen, you have the nerve to laugh when you only got a score of 200-something?"

"What did you call me? Can't you tell the difference between the king and the queen?"

Lu Yiwen rolled up his sleeves, and Gou Hongyi immediately surrendered, cursing, "President Lu! President Lu! Is that enough?"

The other Taobao sales staff in the office, who had only recently been hired, looked at the two with envy.

So young, so innocent!
He's a general manager now!

Working for a good boss means enjoying a life of leisure!

Chen Xuebing watched the two of them bickering and scanned the expressions of everyone present. He then said, "I see you two are full of energy. Starting next month, we'll have a profit competition between the Taobao online store and the physical stores. You two will be in charge of Taobao, and Huo Xiaowen will be in charge of offline sales. Whichever side loses, the person in charge will have half of their commission deducted and given to the other side."

Lu Yiwen and Gou Hongyi stared at each other.

"Boss! How can we compare? They just spent 90 to rent a counter! Feiyang Market made 500 million in sales on its first day! We can't catch up even if you beat us to death!"

Chen Xuebing waved his hand: "The conditions are absolutely fair. Feiyang's counter rental fee will be deducted from the offline profits. In addition, I will clear out the inventory as soon as possible in the next few days. This kind of market will not last forever. Also, if you are confident, you can contact Taobao to pay for recommendations. I can give you the phone number of Taobao's operations manager, Ake. The money for buying recommendation slots will also be included in your costs. Since I'm putting you in charge, I'm giving you the right to spend money. As long as you dare to use the initial operating fee of 100 million, just ask me for it."

With an operating cost of 100 million, the boss's extravagant spending made the air in the office stagnant once again.

Chen Xuebing is now full of confidence.

With 15 million yuan worth of inventory, and with the recent price increase of more than 10% in Huaqiangbei, he could have quickly cleared it out with a 30% profit margin at the time, given the low purchase price. However, he is still not satisfied and wants to mix large and small orders to increase the profit margin to over 33%.

Of this 33%, Huo Xiaowen takes 10%, leaving about 30%. In other words, Chen Xuebing makes a profit of 450 million yuan from this single large inventory order.

In addition, Chen Xuebing had already advanced 180 million yuan of this large order, which has now been resolved.

That's 6.3 million. In fact, besides this 15 million in inventory, they are still constantly buying more to sell. As for the stock market, after July 21st, the volatile market completely ended, and a major upward wave began, rising from 1020 points to the current 1100 points.

With 6 million, the profit has exceeded 20%, reaching 600 million. The only drawback is that the 130 worth of Moutai shares he invested in fell against the trend, dropping by 40%, which ate up a lot of his profits; otherwise, he could have made tens of thousands more.

However, Moutai, which is priced at 52 yuan per share, will undergo a share issuance of more than 1 to 4 in the future, and then rise to the peak of 2600 yuan in 2021. What does that mean?
每股52块变成4股52块，再变成4股2600块，52块变10400块！
A 200-fold increase!

No matter how much Moutai's stock price falls, he will hold on firmly.

Let alone the future 200-meter (multiple) profit, the current 20-centimeter profit is already incredibly exciting.

Every time Lao Hong calls him lately, he starts with at least five seconds of laughter. His uncle also calls, somewhat sarcastically, asking when his 30 yuan can be invested in the stock market.

At this point, the combined profits from both sides amounted to 700 million.

A super bumper harvest.

However, Fei Yang received 90 yuan from the counter, and Director Qi also received 50 yuan to work.

As Chen Xuebing was making plans, his phone vibrated. The wooden calf strapped to the side emitted a faint light, indicating that it was almost out of battery.

He glanced at the incoming call, chuckled, and answered.

"what happened?"

"Boss, it's almost the end of the month! How's it going on your end?" Tan Maoshui's voice was slightly hoarse.

Chen Xuebing jokingly said with a smile, "Don't worry, I've got you some money for emergencies."

There was a moment of silence on the other end: "Emergency?? How much?"

"Two hundred thousand, split between your two construction sites."

"What?! Two hundred thousand, and you still want to split it?! Do you know how much output we've generated in the last two months? The project is almost finished, and everyone's waiting for payment! If I take this little bit of money, they'll chop me up! Do you even want to settle accounts?!"

Chen Xuebing walked slowly to the window and asked with a smile, "How much money does the construction site owe them right now?"

"132 million! Even excluding mine, there's still a shortfall of 120 million!"

"Oh? You don't need to pay the excavator fee?"

"I... I just want to resolve the issue right now! Give me some money first, let me appease the people, and get the third phase's output value of 82 yuan reported first! You can settle the payment after you get the money! Let me tell you, I've made you a lot of money with this project, at least 50 yuan in profit! When the project is finished, you have to give me a big bonus..."

Old Tan kept talking.

Chen Xuebing interrupted, "Fine, fine, just tell me, how much money can solve this problem now?"

“You…you should give me at least 20 of that 15! Once the third phase progress payment of 65 (80% of the output value) arrives, you need to pay it all here. I can postpone the remaining payment until after the settlement!”

Chen Xuebing laughed: "If that's all you ask for, half of the 20 will be enough for you."

"10 isn't enough! Definitely not enough! I need to give Chen Xiaobo at least 8, and half of the steel pipe fee must be paid, as for the workers..."

"Alright, alright, stop calculating. The 20 I mentioned is in US dollars."

"what?"

The other side was stunned.

Chen Xuebing hung up the phone and turned to look at Ren Ying.

"Have Liang Hui issue a 150 million yuan IOU to Pokong Technology in the name of Gu'an Company. Teach him how to write it. Also, clarify the accounts of the two companies during this period, categorize their respective profits, and pay taxes accordingly."

Ren Ying was at her wit's end again: "Paying taxes on stock trading platforms is easy, but paying taxes at the counter is not."

Chen Xuebing smiled faintly: "The counter has its own way of paying taxes. You don't need to do the accounting. The industry and commerce bureau and the tax bureau know that it is a business without invoices, so they have set an unspoken rule for the counter: to collect taxes according to the assessed tax rate. Regardless of the size of the counter, the total monthly sales amount is set at 500,000 yuan, which is about 15,000 yuan a month. For two counters, it's 30,000 yuan. Just pay according to this amount."

Since the reform and opening up allowed individual businesses to operate for 25 years, taxes have been difficult to collect everywhere. Most individual businesses do not know how to keep accounts, and when asked, they say they do not understand. As a result, they lose money. In places like Huaqiangbei, where there is a lot of piracy, no one will show their real account books to the industry and commerce and tax authorities. Therefore, having a tax specialist determine a fixed turnover before the business opens for tax collection is a way to make things easier for everyone.

Since the tax authorities allow counters to "buy out" sales revenue of 50 yuan, Chen Xuebing wouldn't go out of his way to pay more taxes.

Chen Xuebing quickly calculated the accounts and gave Ren Ying a wink.

"Come with me to the counter to sort out the accounts. The tax department at the counter needs to include the taxes in the company's accounts. We still have a tax burden of 100 million yuan on the land for the factory. If it's not enough, we'll have to make up half of it ourselves."

"Oh." Ren Ying immediately stood up with a stack of documents in her hand.

Jiao Gui seized the opportunity to stand up and said hesitantly, "Boss! You've made so much money... why don't you buy a car? You and Sister Ying... always taking taxis is so inconvenient!"

Seeing how eager this guy was to drive, Chen Xuebing gave him an encouraging look: "Director Qi and the others took 50 yuan to open a factory. He said he wanted to buy a van, so you can practice with him first! Once you've mastered the skills, I'll buy you a good one!"

Jiao Gui beamed with joy: "Hey!"

When it comes to buying a car, Chen Xuebing feels a sense of urgency.

You can't buy a car using the profits from your phone.

We need to use the secondary profits from the stock market to buy!
"Snap." He snapped his fingers crisply at Lu Yiwen.

"Boss."

"Tomorrow I'll withdraw 4 million from the account first. Within a week, the previous 15 million in inventory must be cleared out, and all previous payments to manufacturers must be settled. I've calculated that there might still be a shortfall of 200,000 in the accounts. You're the vice president, so you need to keep a close eye on both Taobao and offline operations. This week, try your best to earn the remaining 200,000 and smooth out the accounts."

This was the first time Lu Yiwen had received such a specific task.

However, given how favorable the situation is now, he is not worried at all.

"Don't worry, boss! With so much stock, I can take it out and sell it individually to make up the 20 for you!"

Chen Xuebing nodded, his hands tucked into his pockets.

"I'm leaving it to you. I'm going out for a while."

(End of this chapter)