Chapter 1846: Happy Celebration
Domestically, the country was in an uproar after hearing that Buffett had purchased 20% of each of Qin's Heavy Industry and Qin's Steel for US$1 billion.
In Yingcheng, the local TV station focused on reporting the news.
Not only did it report all the information about Buffett, personal data, etc., it also analyzed the impact of this investment.
"Dear citizens of Yingcheng, regarding the recent investment by Mr. Warren Buffett, the American stock god, in Qin's Heavy Industry and Qin's Steel, which is one of the city's top ten outstanding young people, the city's soul designer, and a youth model, Qin Feng, here, on behalf of our TV station, I would like to express my condolences to him Congratulations!" The beautiful female host of the TV station congratulated with an excited voice.
"Regarding this investment, it proves that Qin's Heavy Industry and Qin's Steel have great potential and will have great potential to become international enterprises. At the same time, it also proves that the leadership team of the municipal government is correct in supporting the two major enterprises. Sex." The beautiful female host complimented her.
Afterwards, the next ten minutes were filled with all kinds of compliments about this matter.
In a word, this is the light of Yingcheng.
The leaders of Qin's Heavy Industry and Qin's Steel looked excited.
With Buffett's investment, although this money will not enter the company. After all, this is Qin Feng's personal stock sale, and it naturally belongs to Qin Feng personally.
Of course, in itself, both major companies are not short of cash flow. After all, all profits earned each year, except for loan repayments, are placed in the business account as cash flow.
Qin Feng never took a penny out of it. Although Qin Feng has various reasons to do this. But Qin Feng never took away a penny from it.
In this case, the two major companies will naturally not lack cash flow.
Buffett's investment now proves the value of the company.
In particular, 20% of the shares is equivalent to US$1 billion (on average). Then each business is worth $5 billion. That is to say, based on the current exchange rate, each company is worth more than 35 billion yuan.
Today, this can be regarded as a giant company.
This is 1999 after all.
In this era, although millionaires are no longer eye-catching.
But being a multi-millionaire is already a big deal.
However, these two major factories are each worth more than 35 billion yuan.
This is not a giant!
Of course, none of them own shares.
At this point, Qin Feng did not give them any shares. However, they do have certain rights to share dividends.
5% profit dividend per person. There is no equity shareholding, but there is profit and dividend rights.
This is very good for them.
Moreover, if they work here for 10 years, their equity dividends will last their entire lives.
The so-called lifetime means that as long as they live for one day, they can enjoy the 5% dividend right.
As for what to do with the 5% after death? Naturally I took it back.
After all, this is not a stock, so it cannot be passed down through generations.
But even so, it's pretty good for them.
As for the rest of the workers, at the end of each year, except for the year in which they receive an extra month of salary, in addition to their average personal monthly salary, everyone shares a 5% profit dividend.
Except for the three major factory directors, everyone else will receive one month more average salary during the Chinese New Year, in addition to the distribution of some related items, and everyone will share 5% of the profit dividend.
As long as you work in the factory for one day, you will enjoy such benefits.
Qin Feng never asks for the company's annual profits, but invests them in the company.
But this 20%, 5% from each of the three factory directors, plus 5% from all workers, this 20% will definitely be used as dividends.
Now, the company's market value has nominally exceeded 35 billion yuan, and they are naturally proud of it.
The better the company develops, not only will their future have a greater future, but they will also have greater financial prospects.
For them, this is naturally a good thing.
So, the whole crowd celebrated.
Of course, no money was given to celebrate. Because it's not needed.
Everyone is very satisfied with the status quo.
They are truly celebrating the future of the company.
It can be said that in just a few years, they have regarded the factory as their home.
Consider this place where you belong.
They feel full of belonging here.
As for the leaders in Yingcheng, needless to say.
Originally, Yingcheng was now going to be built into an international metropolis. Qin Feng brought Buffett here, and it was a business card.
This will help them apply for special zone municipalities in the country. This is an unprecedented honor. But they think it's very possible.
Given the prevailing economy, they think it is possible.
This is their only chance.
Applications will be made at the national conference at the end of the year.
As long as they pass, they can all be promoted to level three.
And all this depends on Yingcheng having enough qualifications.
Whether it is reputation, influence, economic strength, public cohesion, etc.
All aspects must be met.
For now, it's almost there.
When Boss Ming heard the news, he smiled happily.
It seems that this boy will no longer need to support him soon.
He has found a way.
Boss Ming’s vision is far-reaching.
It's not easy for those people to deal with Lin Feng. Without enough handles, they couldn't deal with Lin Feng too straightforwardly. After all, Lin Feng is a celebrity.
However, if they wanted to deal with Qin Feng through bank means, there was nothing he could do. Now he can hold down the bank.
But if he retreats, there is nothing he can do.
Now, Qin Feng has found a way on his own.
Buffett invested, but when the building is about to collapse, will Buffett not help?
In a few years, it should be no problem to lend Qin Feng billions of dollars.
Thinking of this, Boss Ming felt light all over.
Since he took office last year, there has been a lot of pressure on his shoulders.
He broke through all the way and defeated the generals, but there was a mountain in front of him, and there was a higher mountain. This made him very tired.
But he can only move forward, not backward.
Taking a step back is an abyss.
Now, Qin Feng can solve his worries, and he is very happy.
He will be more careless.
Those bastards, those moths, he wanted to deal with as many of them as possible within the limited time.
"Boss Ming, there is some news here. I think you might want to read it!" Secretary Wei handed over a newspaper.
news? Boss Ming took the newspaper and read it.
The story above is about a certain national treasure-level female celebrity who failed to repay the loan and even found someone to injure the other party. She also falsely accused the other party and used the authority to deal with the other party.
Boss Ming put down the newspaper.
"Why are you here?" Boss Ming asked, staring at Secretary Wei.
This matter naturally needs to be dealt with. But why show it to yourself?
"Someone had a connection and said they wanted you to help redress the injustice. They said you didn't care, so they went to the square to sit in and demonstrate. I thought this would have a bad impact, so I told you." Secretary Wei said frankly.
Boss Ming read the newspaper, then read the news about Qin Feng, and took action. He took care of this matter.
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