Black Technology: Start with Ten Thousand Times Speed

Chapter 116 Luan Weiliang’s Suggestion

After Ding Kuiyong finished his report, Fu Benjing, president of Apocalypse Equipment Company, also reported:

"As of February 19, 920,000 copies of the Xiaozhi Driving System and 300,000 copies of the Xiaotian Flying System have been sold, and the cumulative revenue generated by the two is 9.35 billion."

"Fifty million of it is reserved as the company's operating funds, and the other 9.3 billion has been used as profit, and all of it has been included in the head office account."

The operating cost of Apocalypse equipment is very low, mainly the wages of employees, especially the wages of engineers, and the rest are just a fraction. After all, neither R&D nor production is required, and there are not many after-sales personnel and management.

Then came Liu Qingli’s report.

"The number of Tiantian Assistant members has exceeded 220 million. As of yesterday, the specific data is 110 million ordinary members and 115 million senior members."

"The number of senior members has officially exceeded that of ordinary members, and the gap between the two is gradually increasing."

"In the past two months, the cumulative income of new members has reached 5.3 billion, and the total income of renewed or upgraded members has reached 7.18 billion."

"After deducting various expenses and subsequent operating expenses, the remaining 12.2 billion has been included in the head office's account as profit."

"Currently, the available funds in the head office's account have reached 40.5 billion dragon coins."

"In addition, the headquarters building needs to invest 2.2 billion in succession. This money is also paid from the account of the head office, but the current operating conditions of all subsidiaries are very good, so there is no need to reserve funds."

Hearing this series of numbers, even the other executives of Tianqi Company couldn't help but gasp.

Before coming to Apocalypse Company, they had also served as executives of other large companies, and they boasted that they had seen a lot of things in the world.

But.

In front of Apocalypse Holdings, which was founded by Su Xin, what they have experienced and seen before is just pediatrics.

The average monthly profit of each of the three companies that have been established for less than half a year exceeds five billion!

and.

These three companies are still in a period of rapid growth, and their revenue and profits are still rising. According to the current trend, in the next year, the net profit of each company will exceed 100 billion!

With such a terrifying ability to attract money, apart from the dozens of most profitable companies in the world, it is definitely among the top.

but.

If these three companies were counted together, their ability to attract money would definitely rank among the top ten in the world.

That is to say.

Su Xin, who controls 100% of the shares of these three companies, ranks among the top ten in the world in terms of profitability.

Moreover, this is how Su Xin compares with those top multinational companies on his own.

Rather than comparing it to an individual.

Thinking of this, several senior executives attending the meeting could not help but feel dry and their hearts tingled.

Su Xin is still so young.

The three companies still have huge room for growth. In a few years, not even that long, just next year, how terrible will Su Xin's net worth reach?

Hearing the number 40.5 billion, Su Xin nodded with satisfaction.

"Yes, now that the three major subsidiaries have achieved profits and have begun to stabilize, I can rest assured."

"Next, I will focus my energy mainly on the new company. Regarding the three major subsidiaries, I would like to trouble you to pay more attention."

heard the words.

Several executives even felt their scalps numb.

Only then did they remember that Su Xin had registered a company called Tianqi Biomedicine a year ago, and the company procedures and the laboratory under his name had already entered the approval process.

Apparently, Su Xin is preparing to enter new industries.

Several of them had a premonition that the biomedical industry would also be in turmoil.

Under the name of Tianqi Holdings, there may be another unicorn company with unlimited prospects.

With such an invincible, aggressive and aggressive boss, several people feel both full of motivation and heavy pressure.

At this time.

Luan Weiliang, who was sitting in the corner, asked: "Boss, with so much money in the company's account, should we operate it in the financial market? Or set aside part of the funds for angel investment?"

As the general manager of the financial management department, Luan Weiliang only accompanied Su Xin to participate in the financial battle of the Sakura Country stock market since he entered the company. At other times, he had almost no sense of presence.

Especially when the head office Tianqi Holdings was later established, he was also mentioned to the head office and promoted to the vice president of the head office.

Only under Su Xin and Liang Liu.

Comparable to Ding Kuiyong and Fu Benjing, two subsidiary presidents and vice presidents of the head office.

However, he still has no sense of existence.

In terms of departmental functions, it is slightly different from the finance department. The financial management department is mainly responsible for the company's financing, investment, loans, acquisitions and other capital operations.

But the three major companies under Tianqi Holdings had neither financing plans nor the need for loans after he entered the company.

The only acquisition business and the capital injection when establishing a new branch can be handled by some experienced grassroots employees, which completely fails to reflect the value of his senior executive.

At least compared to several other executives, and even compared to Su Xin's secretary Feng Haifeng, his sense of existence and value are very weak.

If this continues, he might be eliminated soon.

Like Liu Qingli, he also wants to increase his value and try to stay in such a large company with unlimited prospects.

Su Xin shook his head slightly: "I'm not interested in financial games. As for angel investment, how can it compare to the rate of return of my own company?"

"So, the more money in the account, the more money, I will be of great use soon."

Luan Weiliang said reluctantly:

"However, there are more than 40 billion dragon coins in the head office's account. Even if the boss's new pharmaceutical company spends money, it is impossible to use so much for a long time."

"Moreover, the operating conditions of the three major subsidiaries are very good. Each one has huge profits and creates a steady stream of cash flow for the head office, so the company will not be short of money at all."

"If such a large amount of funds has been kept in the account, it is too wasteful."

"If the money is put into the market, it will not only promote the vitality of the market to a certain extent, but also earn more profits for the company."

heard the words.

Su Xin frowned slightly and started thinking.

He doesn't care much about the wasted benefits or investment income if tens of billions of funds are put in the account to eat ashes.

But investing such a large amount of money into the market can indeed promote market vitality. If used as angel investment, it may make it easier for some promising startups to survive.

Capital must circulate to create value.

Not only can it create value for itself, but it can also bring value to others in the circulation process.

With Su Xin's current wealth and status, it is really time to consider his social responsibility.

Even if it is not for those investment income, you have to consider giving back to the society, supporting the younger generation in the business world, and promoting the prosperity of the business market.

This is not a big statement.

Su Xin is now considered a business tycoon. Sometimes he really has to focus on the overall situation. The stability of the market and the cohesion of people's hearts will all help his career either explicitly or implicitly.

Think about it.

He said: "Then set aside 10 billion for angel investment, and you will be solely responsible."

“But remember, since this money is angel investment, my idea is to help startups grow, not to own them.”

"So, in addition to basic income, try not to interfere with the company's operations, and also allow them to buy back the company's shares."

Chapter 116/348
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Black Technology: Start with Ten Thousand Times SpeedCh.116/348 [33.33%]