HCB Chapter 219 Causing Trouble in Biyun Township
Chapter 219 Causing Trouble in Biyun Township
"How's it going with Biyun Technology? Are they able to hand over some funds?"
Mei Hongjie asked.
Biyun Technology invested 40 million yuan, and it should be paying off by now.
"Biyun Technology has invested in the stock market and is now stuck with losses. If it sells now, the losses will be significant."
Huang Zaiming said that this was the feedback from Biyun Technology.
After Weng Suyi asked him for money, he called Biyun Technology and asked them to get him some money.
But Biyun Technology told him that all the money had been invested in the stock market and was now stuck with it.
In other words, Biyun Technology is not only not making money, but is also losing money.
Although it's a paper loss, the fact is there's no way to get him the money.
"Trapped? What does that mean?"
Mei Hongjie asked, "I really don't understand what 'being trapped' means."
"Secretary Mei, the stock we invested in was originally going up, but after we bought Biyun Technology, it went down."
Moreover, the drop was quite significant.
Huang Zaiming explained.
Stocks are still a rarity in the country, and many people are unaware of them.
Mei Hongjie knew that such a thing existed, but he didn't know the specifics of it.
Huang Zaiming didn't know at first, but he understood after being explained by people from Biyun Technology.
"I understand. Submit a detailed report to the township government!"
In addition, inform Biyun Technology that you are preparing to sell the shares you previously invested in.
Mei Hongjie said.
The most important thing now is to get the township's GDP to 1 million. To achieve this goal, we can only have Biyun Technology dispose of the stocks they invested in.
However, we still need to hold a meeting to discuss this matter and share some of the credit with others.
After all, the majority of the Party Committee members are from the city, numbering as many as nine.
If they obstruct me, it will be difficult for the Party Committee to approve anything I want to do in the future.
"Yes, Secretary Mei!"
Huang Zaiming responded.
After hanging up the phone, Huang Zaiming called Biyun Technology and told them about Mei Hongjie's requirements, instructing them to be prepared.
……
After the pond digging work for vegetable planting and crayfish farming in Yunmeng Town was on track, Qi Tongwei began to conduct research in other towns.
Successfully supervised the progress of vegetable planting and crayfish farming in other townships.
As the deputy county head in charge of agriculture, he needs to have a basic understanding of the agricultural situation in all 13 townships of the county.
Vegetable planting and crayfish farming are proceeding in an orderly manner in Bali Township, Yungu Township, Yuanshui Township, Sanliqiao Township, Weixi Township, Weixi Township, Laopo Township, Shanghe Township, Hongshan Township, Maju Township, and Xiagu Township.
Qi Tongwei was very happy about this, which showed that the 11 townships outside of Biyun Township and Yunmeng Town were relatively obedient to him.
That day, Qi Tongwei received news that Biyun Township wanted Biyun Technology to sell its investment in the Hong Kong stock market.
Qi Tongwei knew that Mei Hongjie and Weng Suyi were making their final push.
The GDP is about to reach 100 million; all we need to do is have the trading companies contribute a few million more to achieve the target.
However, the trading company is currently out of money.
Liu Haiyang had already told him what had happened at the trading company; most of the original staff had been replaced.
Liu Haiyang and Li Shengli were also transferred to the county.
The compensation package at the trading company has changed; it's no longer a base salary plus commission.
Sales staff no longer receive commissions; they only receive a fixed salary.
However, the employees of trading companies now have the status of formal employees and a secure job.
I heard that the current trading company is run by people from the Biyun Township government, from top to bottom.
Nowadays, sales staff in trading companies lack a sense of urgency and motivation; they don't take selling seriously or work hard to sell their products.
This resulted in a batch of goods remaining unsold for a long time, leaving the trading company without funds.
Weng Suyi asked the trading company to hand over ten million in funds, but the trading company could not come up with the money.
In the end, they had no choice but to turn to Biyun Technology.
Initially, the trading company invested 4000 million yuan to establish Biyun Technology and also invested in the Hong Kong stock market.
Even if Biyun Technology doesn't make money in the Hong Kong stock market, or even loses money, Biyun Township will still make Biyun Technology dispose of its investment in the Hong Kong stock market.
They must quickly bring the GDP to 100 million and begin construction of the new town.
They want to prove to everyone that they are also capable of development.
Qi Tongwei would not allow them to have their way.
Even without the funds paid by the trading companies, Biyun Township's GDP this year would definitely reach over 100 million yuan.
What Qi Tongwei needs to do now is to slow down the pace at which Biyun Township's GDP reaches 100 million yuan.
To cause trouble for Mei Hongjie and Weng Suyi.
Currently, Biyun Technology holds 417 lots of Hang Seng Index futures, and the Hang Seng Index has risen by nearly 1000 points.
If the contract is sold now, it will earn 2080 million. After deducting various expenses, Biyun Technology will have about 3600 million.
Converted to Chinese Yuan, that's about 4700 million.
If so much money were handed over to Biyun Township, Biyun Township would definitely start building a new town.
Mei Hongjie and Weng Suyi certainly want more than just a billion-yuan township; they also want to achieve something in other areas.
If the GDP reaches 100 million, all that's needed is to allocate a few million more to the urban investment company.
The remaining money is enough to begin construction of the new town.
When the time comes, Mei Hongjie and Weng Suyi will definitely make a big fuss and publicize everywhere that they have started building a new town.
Qi Tongwei wanted to deprive them of the funds to promote the construction of the new town, so that their GDP would only reach 100 million yuan after a period of time, or even by the end of the year.
Qi Tongwei instructed Xiao Fan to tell the people at Biyun Technology that the contracts they had could not be sold.
Even if you sell it, don't transfer the money to the trading company or the Biyun Township Finance Department.
If you have to sell the contracts you have, then buy some things and send them to the trading company.
The trading company doesn't have the money to purchase goods, does it?
Biyun Technology will procure the goods for them, allowing them to sell freely and gradually.
Of course, these goods cannot be easy to sell or have high profit margins, as that would only boost the sales of trading companies and generate revenue for Biyun Township.
Xiao Fan felt that it wouldn't be right to sell the contract held by Biyun Technology and keep the money without giving it to the trading company. It would be better to arrange a batch of goods for the trading company instead.
That way, we can cause trouble for Mei Hongjie and Weng Suyi.
By then, the money will have turned into piles of goods, and Mei Hongjie and Weng Suyi won't be able to say anything.
In addition, the new company also needs to deliver a batch of goods to Biyun Technology to offset the money owed to Biyun Technology.
In this way, there will be no debt between Biyun Technology and the new company.
Keep in mind, that's 60 million Hong Kong dollars, which is equivalent to 78 million Chinese yuan.
They immediately notified the people at Biyun Technology, instructing them to sell their existing contracts and purchase two batches of rare goods to send to the trading company.
This matter must be done before Biyun Township issues the order, otherwise there will be problems with not following the requirements.