Returning wealthy individuals develop their hometowns and become rich in the 1980s
Chapter 212 Annual output value exceeds 1 US dollars
Inside the office of the Party Secretary of Tuocheng City, the Party Secretary, the Mayor, and other officials were drinking tea when Mei Qian, the president of the city bank, took out a document and placed it on the coffee table. He then addressed the officials, saying, "Secretary Zhou, Mayor Guo, this is a document from the central bank this month concerning Guangdong Company's export earnings."
"As of now, Guangdong Company's annual output value has exceeded ten million US dollars!"
"Tsk tsk!"
The leaders and cadres of Tuocheng City present all blinked, slurping their teacups with loud slurping sounds, truly impressed by the incredible drive of Guangdong Company!
Who would have thought that a fruit canning plant covering 35 acres could have an annual output value five times that of the Tuocheng City flour factory, amounting to ten million US dollars!
Converted to Chinese Yuan, even at the current highest exchange rate of 1:3, this would be worth 30 million yuan.
Thanks to Guangdong Company alone, a major taxpayer, Nanshan County has become the county with the highest economic growth in Tuocheng Special Economic Zone, leaving Zhaoyang County far behind.
Zhou Haimin put down his teacup and asked Mei Qian, "Based on the policies the central government has given to our special economic zone, how much of the ten million US dollars in foreign exchange held by Guangdong Company will ultimately be deposited into their company account?"
"The central government allocates foreign exchange reserves to joint ventures based on region. In other cities, it's generally 25%, but Tuocheng is a special economic zone, so it's given a 30% foreign exchange reserve," Mei Qian said, raising an eyebrow. "That's how three million US dollars of foreign exchange ended up in Guangdong Company's account."
Mayor Guo Hengwen frowned at Mei Qian. "I remember that Lianzhai Village's collective shareholding in Guangdong Company is 1.5%, right? If this three million US dollars is distributed as dividends, Lianzhai Village will receive forty-five thousand US dollars in dividends?"
"Yes," Mei Qian nodded without hesitation in response to Mayor Guo Hengwen's words. Guo Hengwen then turned to the director of the Municipal Finance Bureau and said, "Call the Nanshan County Finance Bureau and have the comrades there have a good talk with Comrade Tian Chulian about this $45,000 foreign exchange dividend. The city hopes that the members of Lianzhai Collective will demonstrate their spirit of dedication and voluntarily report and accept the adjustment from the Municipal Finance Bureau!"
"Okay, Mayor Guo, I'll call Nanshan right away!"
After Mayor Guo Hengwen finished speaking, Mei Qian tried to ask, "Mayor Guo, could you perhaps try to communicate with Guangdong Company and ask them to allocate a portion of our bank's foreign exchange quota? Not much, just one million US dollars!"
Guo Hengwen looked at Zhou Haimin, who shook his head. "President Mei, it's not that our municipal party committee and government don't support your bank's work, but it's inconvenient for us to get involved in this matter. After all, it's an economic issue, and government officials have to avoid getting involved in it."
"Take a look, why don't you talk to the comrades in the Municipal Economic and Trade Commission and see if they can discuss it with Comrade Chen Zaiguang?" Zhou Haimin didn't have much hope for this matter. Chen Dong came here to set up a factory in order to make money. He would never agree to just ask him for Chinese yuan.
Mei Qian's suggestion to have Guangdong Company accept the transfer was actually an order from the central bank. The main reason was that China's foreign exchange earnings were extremely difficult to obtain. If Guangdong Company weren't a joint venture, even if only a few hundred thousand of the ten million US dollars in foreign exchange were left to the local government, it would be considered as the central bank supporting the local government.
Vigorously developing and introducing new equipment means that the country's foreign exchange reserves must be spent sparingly. Of the ten million US dollars, seven million US dollars were withdrawn according to the ratio and converted into RMB 21 million at an exchange rate of 1:3, which was then deposited into the Guangdong Company's account.
At this moment, the villagers were also holding a meeting at the Lianzhai Village brigade headquarters. It was already close to the end of the year, and Chen Zaiguang had the finance department transfer the company's dividends for this year to the collective account of Lianzhai Village, totaling 435,000 yuan!
The brigade headquarters was noisy, with each household sending someone to listen to see how much money they would receive. Tian Chulian tapped the table, making a sound, and said, "Quiet down, everyone. Let's listen to Accountant Cai give you the accounts!"
Cai Miaosheng, holding his notebook, put on his glasses, cleared his throat, and said, "This year's company dividends have already been deposited into the collective account of our Lianzhai Village. It can be said that the company's sales this year have been very encouraging..."
"Hey! Cai Laowu, just tell me the price, whether you like it or not, the secretary will tell you later. Hurry up and give me the number, I'm getting impatient!"
"Hahaha!"
"What's the rush?" Tian Chulian laughed and scolded, throwing the crushed cigarette pack at the person who spoke.
"Alright, alright, cough cough, the company's total dividend this time is 435,000 yuan..."
"Wow!"
"This year is going to be a prosperous one, hahaha!"
"I always said that using land as shares was the most cost-effective option. Back then, some people even suggested selling the land directly. If we had listened to those bastards back then, we wouldn't have this 430,000 yuan to share with everyone now!"
"That can't be right, you son of a bitch Cai! You were the one who shouted the loudest when you were selling your wares!"
"Get the hell out of here! I wasn't advertising to sell land, I was advertising to increase equity!"
Before Cai Miaosheng could finish speaking, the group erupted in a cacophony of voices, each talking over their own, calculating how much money they would get. Tian Chulian slammed his fist on the table in anger, yelling, "Shut the hell up!"
"Accountant Cai, please continue!"
Cai Miaosheng then continued, "The company's total dividend this time is 435,000 yuan. After deducting the 10,000 yuan debt that needs to be repaid to the commune, there is a remaining 425,000 yuan. Based on the average of our 342 households in Lianzhai, each household will receive 1242 yuan!"
"That's more than what those who work in a factory for a year earn," Cai Miaosheng said, and someone immediately chimed in with a laugh, "Over a thousand per household, that's over a thousand!"
"Great! I'll build the house next year, hehe!"
As the people below started discussing again, Tian Chulian, the village secretary, had to step in and pour cold water on their enthusiasm, saying, "Don't be so happy yet, let me finish what I have to say."
"We can't divide all of this 400,000 yuan equally; we need to keep some in the account. It will be very useful at the beginning of the year!"
"Why, Secretary?"
"Yeah, why can't we just split it up?"
"Are you only thinking about what's right in front of you?" Tian Chulian glared at the loudest ones. "Have you not thought about your children at all? Look at the village school, that two-story building. A typhoon could blow it all down next year. Haven't you thought about repairing it?"
"We can't neglect our children's education. Before, the village didn't have the money to build it, and the commune and county provided little support. Now that we have money, we'll ask the commune and county for some more, demolish those two stories, and rebuild a new one!"
"Isn't it good that the children can study peacefully in the new school building!"
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