Chapter 321 Making Money from the Ocean, Flowering the Ocean



Bai Yu and his father arrived at the dock at eight o'clock in the morning and left at eleven o'clock.

They came together, but went back separately. Bai's father went back to the processing plant, while Bai Yu went to the company.

Bai Yu went to the company with Liu Tianyu, Brother Li, and First Mate Uncle Wang.

The reason for inviting them was to discuss the shipping company's annual meeting with them and see which day would be best.

After all, today is already the 21st, and the lunar calendar has reached the ninth day of the twelfth lunar month. The New Year is just around the corner.

Meanwhile, for the crew of the Yuxue, after returning to port this time, they will basically have to wait until after the New Year to go to sea again, and they will have a very long vacation.

Since the shipping company is preparing for a holiday, it's only natural to let the crew relax before the holiday. After a year of hard work, it's reasonable for them to relax a little.

After returning to the company, Bai Yu showed Liu Tianyu and the others the video of their annual meeting from the previous day, letting them decide for themselves whether to choose the same annual meeting format as before, having a meal at the hotel and then spending the day having fun.

Liu Tianyu and Brother Li both agreed with the idea. After all, they were both young people, and with so many people having an annual meeting together, with food, drinks, and money to be made, they felt there was no better idea.

However, Uncle Wang raised a different opinion. He only asked one question: how much does it cost to hold such an annual meeting?

Bai Yu was stunned when he heard Uncle Wang's question. He instinctively thought that Uncle Wang thought it was a waste of money to do it this way.

“Uncle Wang, organizing an annual meeting like this won’t cost much. We can hold it at my Uncle Sun’s hotel. He’ll give us a discount. It’ll only cost 50,000 yuan at most. You don’t need to worry about that.”

Bai Yu had just led his company's annual meeting yesterday, so he was quite familiar with the expenses involved. Yesterday's expenses were only a little over 30,000 yuan.

The shipping company has more employees than the live streaming company, and some veteran employees will also be involved. In addition, there may be family members of the crew members coming, so he raised the budget.

However, no matter how much you ask, 50,000 yuan should be enough.

According to Bai Yu's budget, the bulk of the expenses would be on food, especially alcohol. Of the 50,000 yuan budget, 30,000 yuan would be spent on food and drinks, while the amount spent on entertainment would not be much.

"Fifty thousand yuan? There are forty-eight people on our boat. Xiaoyu, how about this: we can have our year-end party at the company, or just have a dinner on the boat?"

How about you give the brothers a cash discount on this budget of 50,000 yuan? You don't know, most of the forty-odd people on this ship are struggling to support their families.

With the Lunar New Year just around the corner, I was thinking of giving them more money to take home. A thousand yuan would be enough for them to buy a lot of New Year's goods, whether for visiting relatives and friends, and they could buy quite a few impressive gifts.”

Uncle Wang revealed his own idea: he wanted to cash out the budget for the annual meeting!

Well, his idea is valid in some ways, but it's also valid in others. After all, the company spends the money on the annual meeting, and if they want to save that money, they can simply not distribute it to the boats.

Bai Yu didn't say anything about this, but simply handed a document to Uncle Wang. The cover of the document read "Year-end Bonus of Yuxue Shipping Company".

The latter glanced at the document—just a glance—and then changed his mind, rearranging his words as he spoke:

"Well, Mr. Bai, I think our company's annual meeting yesterday was excellent. Let's continue with the same format as yesterday. I have no objections."

I also wanted to ask if the numbers in this document are accurate? Could I share a little bit about it with others when I get back?

Don't worry, I've decided not to tell you everything. I'll just reveal a little bit to motivate them to work harder.

“It’s all true. As long as you confirm the time, I’ll have Xue’er go to the bank to schedule the withdrawal. We’ll be paying in cash!”

"Okay, okay, that's good. Then I'm all set. If there's nothing else, I'll head back now?"

"Uncle Wang, don't rush off. We haven't finished discussing this yet. How long do you think it will take to unload this shipment? And when will we hold our annual meeting?"

......

After half an hour of discussion, Uncle Wang and his two companions left together. They had already confirmed the date for the annual meeting, which was January 24th.

Now they need to go back to the fishing boat to tell the other crew members about this, and also to count how many people will attend the annual meeting and how many will bring their families.

It is foreseeable that the number of family members attending the shipping company's annual meeting will be considerable, since most of the crew members who go to sea are already quite old, and about 60% of them are married.

Bai Yu's answer to the family members who might come was that they would be treated the same as the crew members; as long as they could come, he would cover their food, drinks, and entertainment.

In Bai Yu's view, since the annual meeting is going to be held and the company's employees are going to have a good time and have some fun, then they should not skimp on spending money; they should spend what needs to be spent.

After all, only when the crew members have fun will they have a stronger sense of belonging to the company, and only then will they be able to create greater value for the company in their future work.

For Bai Yu, a company without employees is meaningless and cannot make money.

His crew members earned him over 100 million yuan a year, so no matter how much money he spent at the annual meeting, it wasn't too much.

In the following days, Bai Yu began a life of shuttling between the company, the dock, and the processing plant, making a routine round trip every day before returning to the company and starting his life of lying down.

Until the 24th, he held an annual meeting at Uncle Sun's hotel and presided over the distribution of year-end bonuses.

Originally, Bai Yu didn't plan to participate in this live event; he intended for Li Xue or Li Shuang to distribute the money on his behalf, but in the end, his plan didn't work out.

After all, he was the one who truly made the decisions for the company, and all the crew members hoped to receive their year-end bonuses from Bai Yu and take a photo with him as well.

Then Bai Yu took on the role of the person distributing the money and presided over all matters related to the entire annual meeting.

In addition, the final statistics showed that the year-end bonuses paid to the crew members this year amounted to 20 million, which was 4 million more than the initial budget made by Li Xue.

Some of the year-end bonuses were as low as 5,000 yuan, while others received as much as over a million yuan, approaching two million yuan.

Those who received the least were naturally Brother Li and others. They had only been with the company for a very short time, and their 20 years of service amounted to only one month. Receiving 5,000 yuan was already considered quite good.

The highest-ranking person is naturally the captain. The Yuxue fishing boat earns more than 100 million yuan a year, and in other people's eyes, the captain is definitely the one who deserves the most credit.

After all, he led the fishing boat to create so much wealth, so his contribution was naturally the greatest. Then, the eldest uncle received a year-end bonus of 1.7 million, which accounted for one percent of the profits of the Yuxue fishing boat.

Then the chief mate and chief engineer received a bonus of 1.2 million, the second mate and chief engineer received 800,000, the third mate received 600,000, a junior management officer received 400,000, and ordinary crew members received 200,000.

In addition, there were some external staff members, namely the eight original employees, who also received bonuses ranging from 200,000 to 400,000 yuan.

Even Bai Yu and Wang Hai received a bonus of five thousand yuan, because they had gone out to sea with the fishing boat before and made contributions to the fishing boat, so receiving a bonus was naturally within the reasonable scope.

It was this year-end bonus that made the crew members feel even more attached to Yuxue Shipping Company.

Especially for ordinary crew members, the lowest-paid ones received a year-end bonus of 200,000 yuan, which is slightly more than their annual salary. What does this mean?

This clearly means that they only need to work 12 months a year, but can receive 24 months' worth of salary. Who wouldn't be happy about that?

Moreover, they don't work twelve months a year. They go out to sea eight or nine times a year at most, which adds up to eight or nine months of working time. The rest of the time is all holidays, and each holiday is at least a week long, often a consecutive holiday.

At the same time, this year-end bonus distribution made these ordinary crew members realize that they cannot remain ordinary employees forever; they must strive for advancement.

As long as they can make a step forward and become grassroots managers, even if they are just team leaders, their year-end bonuses will see a significant increase.

Especially after becoming a captain, if he can lead a fishing boat on his own, as long as his performance isn't too bad, his bonus, basic salary, and various benefits will amount to several million.

For example, the current captain of the Yuxue, who is Bai Yu's maternal uncle, has a total salary of over three million this year, including his year-end bonus and various benefits.

While this salary isn't the highest among fishing boat captains, it's certainly exceptional for a 75-meter fishing vessel.

Especially with the development of the times, fishing boat technology is becoming more and more advanced. Sometimes, the experience required of the captain is no longer so important when fishing boats go out to sea.

In addition, with more and more people now holding captain's certificates, hiring a captain doesn't require a high salary, especially for new captains; you can find one for 20,000 to 30,000 yuan a month.

So overall, working for Yuxue Shipping Company is truly a promising career path for them.

In particular, according to the information they received, their company will be adding a fishing boat and a squid fishing boat after the New Year.

With the addition of these new ships, it's like a promotion and a raise for the crew members.

Even more importantly, after the New Year, their original first mate will become the captain of the new fishing boat, the original second mate will be promoted to third mate, the third mate will be promoted to second mate, and many other junior crew members will also be replaced.

In addition, some crew members will be transferred to the new ship to serve as junior management personnel. Once their positions change, it will not only affect their year-end bonuses, but also improve all their benefits, including their basic salary.

Isn't this the most realistic example of a promotion and salary increase?

This is why the Chinese New Year, which is usually a major headache for companies, has no impact on Yuxue Shipping Company.

"Brother Yu, are you really sure about this? This is no small sum of money. Are you really sure?"

After lunch, Bai Yu and the others went to the hotel's entertainment area. While taking a sauna, Li Shuang approached Bai Yu and said some inexplicable things.

"It's decided. Most of our money was earned in the Southeast and the South China Sea. If you ask me, we should spend it where we make it. It will be more advantageous for us if they become stronger."

I've already made the arrangements. This time, we'll donate 80 million to the south and 20 million to the east, totaling 100 million. Consider it our tax payment.

Not only were Li Shuang's words inexplicable, but Bai Yu's words were equally nonsensical, implying that a hundred million had been spent just like that.

That's a hundred million! Even in Lao Wang's words, that's a small goal. And Bai Yu just casually spent it all with those two sentences?

"Brother Yu, when we go to donate money, do you think we can visit their base? I want to see the Type 055 destroyer. I heard there's one in the South China Sea. Do you think we'll have a chance to go this time?"

"You might not be able to, but it's possible for me. After this competition ends, I'll call the person in charge there and ask if there's any chance."

Anyway, I don't think the chances are very high. The Type 055 is a major weapon of our country. Even if we wanted to see it, we could only look at its exterior from below; going up there is definitely out of the question.

“Brother Yu, what are you thinking? Who said I want to go up and see it? I’ll be satisfied as long as I can stand on the dock, see it, and take a picture with it.”

......

Some information can be gleaned from the conversation between Bai Yu and Li Shuang.

That means their money seems to be for donation, and it's related to 055. If you connect 055 with Southeast, you'll quickly get some information.

It seems they intend to donate this money to the military, and it's highly likely they'll donate it to both the East China Sea Fleet and the South China Sea Fleet. However, it appears only the South China Sea Fleet possesses Type 055 destroyers, while the East China Sea Fleet does not.

Because it's only 2021, my country's first batch of Type 055 destroyers has not yet been fully built. Moreover, the first batch of Type 055 destroyers did not originally have a quota for the East China Sea Fleet; the North and South Fleets will also be equipped with Type 055 destroyers.

Based on what Bai Yu said, he had already made contact with the fleets in the southeastern and western seas, or with a certain unit in the war zone, and then made a donation to them.

It's necessary to clarify here that it's permissible for the company to donate to the military, and Bai Yu and his group also donated through the company's channels.

Moreover, their reason for donating money to the other party was very formal: the People's Liberation Army in the Southeast and South China Seas provided them with stable sea areas, allowing them to carry out maritime operations with peace of mind in their own backyard, and their donation was worthwhile.

Bai Yu didn't think too much. In his opinion, as long as the 100 million yuan he donated could produce two more shells and provide them with enough security when they were working at sea, he would be content.

After all, without these most lovable people protecting them and maintaining regional stability, the South China Sea, with its abundant marine resources, would become the next Middle East.

At that time, let alone whether they can make a living from the sea, their own safety will become a huge problem, and they may not see the sun rise the next day.

Bai Yu was very excited about this donation, hoping that he could bring some value to our soldiers.

After spending the night at the hotel, Bai Yu and his three companions didn't stay out too late. Around 11 p.m., they went to the rest area to find a place to rest.

...........

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