Reborn Tech Scholar

Chapter 439 400 Billion School Funds

After these years of deliberation, coupled with the popularization of 4G and smart phones, e-commerce has ushered in a new wave of development. Every year, Double Eleven activities have repeatedly set record-breaking successes.

Ali Group is still in the leading position, with a total transaction volume of 24 billion yuan in 4982 hours on Tmall Double Eleven.

Next is the WeChat e-commerce mall. After a period of fermentation, a total transaction volume of 24 billion was set in 3833 hours, which is also a historical success.

Then there is JD.com. Although JD.com still has negative impact due to the Dongge incident, it still has a total transaction volume of 2715 billion yuan.

Coupled with other e-commerce platforms, during the Double Eleven event in 2018, Huaxia Internet e-commerce achieved a total transaction volume of 1.2 trillion yuan, which totaled an astonishing transaction volume of more than 2000 billion U.S. dollars.

Although some of them will have returned goods, there is no doubt that this is still a very large and terrifying data, and it has once again refreshed people's understanding of the Chinese market.

After all, in comparison, during the entire Double Eleven event in overseas markets, the transaction volume was only worth more than 100 billion US dollars, which is almost equivalent to about one-tenth of the Huaxia e-commerce market.

With this good performance, the stock prices of Ali Group, WeChat Group, and JD.com Group in the US stock market have ushered in a new wave of surges, and other e-commerce platforms have also gained favor, all of which have grown considerably.

Under this surge, Qin Yuanqing also sold off 6.22% of his shares in JD.com. He bought it when JD.com’s stock price plummeted. The average price per share was US$19.5. Shares, profits of more than billions of dollars, and cash out of 9000 billion dollars, but also gradually transferred back to China.

In addition to the stocks sold by Apple, Google, WeChat, etc., Qin Yuanqing cashed out more than 600 billion U.S. dollars in just about ten days, and the money will gradually be transferred to domestic banks. Even so, the WeChat Group held by Qin Yuanqing The value of the shares is still more than [-] billion US dollars.

It has to be said that the U.S. stock market has been like a runaway wild horse in the past few years. It is clear that the performance of the company has not increased but decreased, but the stock price has reached a new high. For example, Apple has lost a large market. Although the profit is still considerable, it is not as good as In the past, it happened that Apple's stock price continued to rise, and now it is almost breaking through trillions of dollars.

And this is not an isolated case, but a common occurrence!
This also made Qin Yuanqing's total cash out more than 600 billion US dollars, but in fact his shares in WeChat Group did not decrease too much, and the impact on the stock price of WeChat Group was almost negligible.

After a series of operations, Qin Yuanqing’s more than 600 billion US dollars of funds safely arrived in the accounts of the four major banks. As for the taxes in the United States, he did not pay much. After all, the United States seems to have strict taxes, but in fact there are various loopholes, and some are ways to avoid taxes.

Coupled with some Internet technology, more than 600 billion U.S. dollars have been cashed out, and the tax paid to the United States is less than [-] U.S. dollars.

If the U.S. taxation department knows, it will definitely be pissed off.

As for the country, because it is stipulated that the income generated by buying and selling stocks through the transaction price difference is a "property transfer" and continues to be temporarily exempted from personal income tax.

Therefore, there is not much tax paid in the country!The main thing is to pay the tax for cashing out of WeChat Group!

With a large amount of money again, Qin Yuanqing seemed confident again. Of course, others did not know about the situation of Qin Yuanqing's personal account. Qin Yuanqing continued to keep a low profile.Watching the alien and Brother Dong, whose wealth has soared due to the sharp rise in stock prices, fighting in the ring.

A person said that he is not interested in money, I regret Ali.One said, I am face-blind, which means I can't tell who is beautiful or not. To be honest, I am with her not because she is beautiful, because I don't know if she is beautiful or not.

One said that his biggest dream is actually to be a teacher, a rural teacher, this is the happiest.One said that he was a child from a poor family, and he was paid for by the villagers with an egg, two eggs, a penny, or a dime for his college education. He wanted to give back to his hometown and society.

The two seem to be born to dislike each other, and they will tear each other down from time to time.

Also in this year, as the most high-profile super rich man, coupled with the accumulation and brewing of the previous few years, the alien's reputation reached its peak, becoming the idol of many young people, and being remembered by every Chinese up.

It has to be said that aliens are a special case among the many entrepreneurs in China. No entrepreneur can tell stories like him, and let himself live as a story.He can brag, but unlike others, he often turns what he brags into facts.Moreover, those who share joys and sorrows with him also gain both fame and wealth.

He always gives people very strong confidence. When describing his career, he is full of passion. Others have completely opposite impressions of him. One thinks he is a liar, and the other thinks that he will become a very influential person.And as the pioneer of China's e-commerce, he has actually realized what he once said.

In contrast, Brother Dong's influence is a bit worse!The market value of JD.com is only one-tenth of that of Ali Group, because Ali Group not only does e-commerce, but also involves all aspects of the Internet, including cloud computing and other services.

But now, WeChat Group is still the Internet company with the largest market value in China, followed by Ali Group, and then Tencent Group.

As for the B in the former BAT, it has been left behind by a large margin, and people no longer refer to Huaxia Internet giants as BAT, but WAT instead!

And this is also reflected in the China Rich List just released. The Qin Yuanqing family still firmly occupies the first place and continues to be the richest man in China. Xi mainly comes from the Internet field.The next large number of super rich people come from home appliance manufacturing, precision industrial manufacturing, automobile manufacturing, material manufacturing and other fields. Among the top ten super rich people, only one comes from the real estate industry, and that is relying on high-quality assets such as Wanda Plaza. Get rid of Wang Jianlin, who has a big debt.As for Li Yanhong, because Baidu's share price did not increase but fell, it has fallen out of the top [-].

In this year's China Rich List, the wealth of the top ten without exception has exceeded 2000 billion yuan, and those who can enter the top 1000 must start with at least [-] billion yuan. It can be seen from the industries that the rich are engaged in. It is pointed out that the industries with the most development potential in China today are the Internet, mid-to-high-end manufacturing, etc.

"Boss, the budget for running the school and various expenditures for next year has been compiled. During the school affairs meeting, there was a lot of controversy over the 50 billion yuan proposed by the research institute in Naowei County!" Qin Yuanqing just arrived at the office that day. Xu Jiayi came to the door immediately.

"What's wrong? There is a problem with the review of the 50 billion funds? Did you go down to investigate!?" Qin Yuanqing didn't even lift his head, signed his name on a document and put it on the other side of the table.

"There is no problem with the review, but such a large sum of money is too much, 50 billion yuan, which is more than every research institute and scientific research institution!" Xu Jiayi said: "Everyone thinks that our Mizuki is mainly about cultivating talents and scientific research. , Now that the school and enterprise reform, there will not be so many sources of funds in the future, if this continues, Mizuki will be dragged down no matter how big his family is!"

Qin Yuanqing shook his head and said: "Desert control is a matter of a century-old cause. So far, the research institute has made great achievements. It has reduced the cost of desert control by 20%. The results are obvious to all. We should support them!"

"In this way, the research institute will follow the Automobile Research Institute and my laboratory, and change the shares to 90% for me and 10% for the school, and the school will pay 50 billion yuan in proportion!" Qin Yuanqing said. The previous desert control research institute, It is in accordance with the model of the Institute of Aeronautical Engines, and each of them holds 50% of each other, and the leading right is in the hands of the school.

However, it seems that the school still has a big opinion on the fact that the research institute has no output but only input. Qin Yuanqing doesn't care. Anyway, he has money now, so let him take the lead.After all, the research institute was independent from the laboratory at the beginning. The laboratory was originally 90% of him and 10% of the school. Now it is reasonable to return to its original colors.

Then Qin Yuanqing took a look. According to the calculations, Shuimu University’s total annual budget reached 2019 billion yuan in 400 even after deducting the funds for the Desert Control Research Institute, while the funds allocated by the superiors were only 50 billion yuan. It comes from business income and external donations.

This does not include the construction costs of independent accounting laboratories, research institutes, and four hospitals, but only counts the leading part of Shuimu University, which means that the total budget of Mizuki University is 400 billion yuan, which is equivalent to 67 billion U.S. dollars, surpassing Harvard University. With a school-running fund of US$55 billion, it has become the university with the largest school-running fund in the world.

"Calculation again, if there is no problem in the calculation, report it to the Ministry!" Qin Yuanqing browsed through it, saw that there was a special fee of 22 million for the 1 school alliance, and ordered without saying anything.

It was already the end of the year, and the total budget of each university's educational expenses had to be reported to the Ministry, and then the Ministry made total statistics and allocated funds to each university.

Next, a large part of Shuimu’s income still comes from the school-enterprise reform. Most of the companies will be sold, and the companies that participate in the shares will sell their shares. These funds will continue to flow into the accounts of Shuimu University.

Although there is a lot of internal and external pressure, as the first brother of Huaxia University, no matter how great the pressure is, no matter how reluctant, the school-enterprise reform must be pushed forward. It is also good for other universities to set an example for the school-enterprise reform, and it is also convenient for the superiors to formulate measures.

Even Mizuki obediently followed the document, so what else do you have to say?

"Boss, when will the matter of the Institute of Desert Control be carried out? Do you need to avoid suspicion?" Xu Jiayi asked.

After all, now, Qin Yuanqing's identity is different from before. Now that Qin Yuanqing is the head of Shuimu, he has to consider the influence.

"No need, I am not afraid of being crooked in this matter, and there were meeting minutes and reporting to the superiors for the record." Qin Yuan smiled lightly.

Desertification control is a matter of pure investment, and Qin Yuanqing is not afraid of some gossip at all.

(End of this chapter)