Rebirth: Super Banking System Chapter 2542 - 2380: The Top Taxpayer
Previously on Rebirth: Super Banking System...
Haisheng Province.
Testing Base.
Right now.
The workers constructing offshore drilling platforms departed in perfect order, climbing aboard dedicated aircraft to start their trip home. A twenty-day vacation lay ahead for them.
This year.
Grueling deadlines.
Intense workloads.
Scarce chances to return home. What thrilled them most was the extra bonus from Qingyuan Technology on top of their shipyard's yearly payout.
After a solid year on the job.
RMB.
For newer hires with less than a year, it's 1,000 RMB short each month, so the minimum payout hits 3,000 RMB. Quick math showed they'd shell out at least four hundred million in total.
Regardless.
Deep appreciation.
Praise rang out everywhere for Tang Qing's lavish generosity.
RMB.
Plenty to enjoy a lavish Chinese New Year. Thrilling to work for a firm like that. Too bad Qingyuan Technology sticks to design and oversight alone, or they'd all jump ship.
...
Shanghai Stock Market.
Qingyuan Technology.
Headquarters.
Luo Qiang's face practically screamed 'joy'. The 2011 annual report revealed Qingyuan Technology's revenue topping 600 billion RMB last year.
This figure.
Fully matched prior projections.
Within Huaxia.
- Petroleum.
- Petrochemical.
- Tobacco.
Just these three powerhouse state firms outdid Qingyuan Technology in revenue. On profits, only tobacco keeps pace.
How could he not rejoice?
Of course.
Profits pour in for the company, and his own yearly bonus tops 60 million RMB—exceptional for a hired executive.
Besides.
That's not everything. His company shares yielded returns matching that this year. And as shares.
No taxes owed.
Thus.
Adding his base pay, his after-tax haul surpasses 150 million RMB.
This sum.
Ranks elite among Huaxia's professional managers. From the 600 billion RMB revenue, after all costs, last year's profit neared 80 billion RMB.
Incredibly lucrative.
Mobile phone.
Computer.
Tablet.
Peripherals.
...
The Epoch lineup delivers sky-high margins. Even with identical specs, folks gladly pay 30-50% extra for them.
Brand loyalty drives purchases.
Pricey?
Many worry they're not premium enough to stand out. Still, Luo Qiang harbors a slight regret—his rival raked in even more.
ERV.
Once phones exploded.
Nonstop triumphs.
Today.
Overseas market share eclipses Epoch. Key factor: its Western roots. Epoch kicked off the smart device revolution.
Yet.
Four or five years on, each upgrade still lags in the West against ERV's former glory.
Luckily.
The boss just demands maximum effort.
Else.
Luo Qiang would buckle under pressure. ERV dominates smartphone processors in design and production alike.
Clashing head-on!
Demands massive spending.
Hence.
Luo Qiang focuses on holding market share steady and dominating premium segments. Good thing Zhihua Technology targets budget phones.
Otherwise.
Another rival to plague him.
ERV.
Epoch.
Huawei.
They lock down the global top three in smartphones and tablets; Samsung stumbles badly, stuck at fourth.
Apple?
Well.
Luo Qiang nearly overlooked them. Epoch crushed them in 2007, and they've never recovered despite struggles.
Scraping into the top ten at best, utterly average.
Reflecting on it.
Truly tragic. Without Qingyuan Technology, Apple could've been a global titan, amassing fortunes.
Alas.
Now it can only sigh: "Since Yu was born, why was Liang born!"
...
Likewise.
At this moment.
Shanghai Stock Market's leaders beamed with delight.
Prior year.
Qingyuan Technology's tax holiday ended, flooding the city with revenue—over 60 billion RMB in taxes from them alone.
With funds like that, imagine the projects!
Undeniably.
Qingyuan Technology crowns Shanghai Stock Market's taxpayers. Close behind: Tang Qing's Comet Group, with nearly 30 billion RMB in taxes.
Wonder.
How does a film company cough up so much?
Truth is.
They do!
The annual "Civilization" series films generate massive cash.
TV series.
Movie.
Video.
TikTok.
Headlines.
Literature.
Publishing.
Music.
...
The Comet Group boasts an incredibly wide array of operations, so racking up three billion in taxes across them all isn’t impressive at all. This holds especially true for its various video platforms, where ad revenues soar to astonishing heights.
Thus.
Over the course of a single year.
Tang Qing’s two companies funneled almost 100 billion RMB in taxes into the Shanghai Stock Market, representing fully one-tenth of the city’s total tax haul from the previous year.
It’s a jaw-dropping figure.
Considering everything.
The Shanghai Stock Market stands as a top-tier metropolis whose economy outstrips most provinces across the nation; for two firms to shoulder one-tenth of its tax burden marks an extraordinary proportion.
One treads the path of technology.
The other pursues the realm of culture.
Each shines brilliantly in its domain.
…
Pudong.
Having wrapped up his year-end duties, Qin Yugang breathed a deep sigh of relief.
Meetings.
Assessments.
Reports.
No dodging them. Fortunately, he’s grown highly skilled at handling them now, without any fatigue. He no longer handles tasks personally—his team takes care of it all.
In just two years.
His remarkable progress in skills has filled him with strong optimism for what lies ahead. Throughout this period, his nephew Tang Qing provided intensive personal guidance, making growth inevitable.
Glancing at the clock.
He stood up.
Time to leave.
"Secretary Chen, time to head out. You should go home for Chinese New Year too," Qin Yugang told his secretary.
"Alright."
Chen Yefeng replied with deep respect.
Back at the start.
When Qin Yugang first took office and selected him, it became the pivotal moment that transformed his career. Only afterward did he uncover Qin Yugang’s impressive connections.
Shock hit him hard back then.
Tang Qing!
He was actually Qin Yugang’s nephew. It took ages for him to shake off the stunned feeling. He grasped perfectly the immense value of this chance—one that could secure his entire future.
Qin Yugang’s prospects.
Remained a mystery to him.
Yet.
Chen Yefeng was convinced that Qin Yugang’s next promotion was virtually guaranteed, with even two further advances well within reach, though a third might prove challenging.
Well.
It won’t be easy.
Given that.
Positions at that elite level are few and far between, highly coveted spots. Even backed by a nephew like Tang Qing, success isn’t assured. Still, it’s more than sufficient.
Going forward.
He’d at minimum count on a friendly higher-up.
Eventually.
Tang Qing once dispatched a messenger to him, urging steadfast commitment to his duties. No explicit rewards were promised, but the implications rang crystal clear.
At the primary entrance.
He waved goodbye.
Chen Yefeng kept watching until the vehicle vanished from view, then finally turned away and walked toward home. Being a local, his residence sat merely a street over.
Along the path.
Numerous familiar faces offered hearty greetings.
His role.
Had reshaped his daily existence dramatically. He just hoped Qin Yugang’s upcoming post wouldn’t stray too distant. A departure from the Shanghai Stock Market would mean he couldn’t follow.
That said.
Should a distant promotion arise, Qin Yugang would undoubtedly secure a suitable spot for him prior to any move.
