Chapter 444 Tengyue Trading Company



Sheng Xiping had already figured it out: the trading company was just a means for them to earn their first pot of gold; they still needed to develop into the real economy.

While buying and selling can bring in quick profits, it also carries significant risks.

If Sheng Xiping and his group hadn't had these connections protecting them, and hadn't specifically registered a company in Hong Kong, they would have been targeted long ago for their current antics, and might have even been sent to jail.

They're just taking advantage of geographical and informational differences to do some business, but that's not sustainable.

"Okay, I'll do whatever you say, Brother Xiping." Wu Yucheng had great respect for Sheng Xiping.

Don't let his arrogant and domineering attitude in the capital fool you; he's incredibly obedient to Sheng Xiping. He does whatever Sheng Xiping tells him to do without a word.

Wu Yucheng had nothing to say, and the Liu brothers had even less to say.

They were just benefiting from Sheng Xiping's influence. They would do whatever Sheng Xiping told them to do, so why was there so much nonsense?

"Come on, let's have a drink, brothers. The company's development depends entirely on Xiping."

We two brothers are just obedient; whatever you say, we do. If you say go east, we won't go west; if you say chase the dog, we won't chase the chicken.

Liu Yujiang picked up his glass and clinked it with Sheng Xiping and Wu Yucheng. The four brothers took a sip of wine together.

The meal lasted quite late, and then everyone helped each other back to rest.

When I woke up, it was already January 1st, 1983, and the new year had begun.

The company had a holiday for New Year's Day, and Sheng Xiping slept in late, which was rare for him. He didn't get up until after nine o'clock, tidied up, ate a quick meal, and then took a car to Guangzhou to find Sheng Yunfei.

Summer vacation is long in the south, while winter vacation is short. Sheng Yunfei's school hasn't started winter vacation yet.

Sheng Xiping found Sheng Yunfei, took his sister around Guangzhou, bought her a lot of things, and the two of them went out for a nice meal.

The next morning, Sheng Xiping returned to the company.

Sheng Xiping planned to return to Northeast China at the beginning of the twelfth lunar month, and wouldn't come back until at least the fifteenth day of the first lunar month after the New Year.

Since I've been away from the company for so long, I need to take care of things here in advance.

Over the past year, Sheng Xiping has made a lot of money trading corn, home appliances, and timber.

Shenzhen offers many preferential policies. After calculating at the end of the year, after deducting various company expenses, taxes, etc., the net profit is just over four million.

The main problem is that there are still a batch of home appliances and timber that haven't been traded yet, and a amount of funds haven't been recovered. Otherwise, the profits would be even higher.

At a certain time, Sheng Xiping called Wu Yucheng and the Liu brothers together.

"When we first started the company, it was all out of passion and brotherhood. We didn't think about all that at the time."

Right now, the company's profits for this year have been released, and we're about to go home for the Chinese New Year.

We should sit down and discuss the company shares and dividends properly, and then make a decision.

"Brother, what are you saying? This company started with your capital; we didn't invest anything."

Over the past six months, you've given us a lot of money. You've given me over 100,000 yuan, haven't you?

"That's fine, why would we need any more dividends?" Wu Yucheng waved his hand immediately upon hearing this.

The money he earned in the past six months would have been enough for his salary for thirty years at his original company. How much is too much? As long as it's about right, that's fine.

“Yu Cheng is right, Xi Ping, you’ve already given us a lot of money, so don’t bring up anything about profit sharing anymore, it’s making us brothers feel too distant.”

On the other end, Liu Yuhe echoed his agreement.

"No, that's not how it works. If it weren't for your help, our company wouldn't have been able to start up, and we wouldn't have made so much money."

"What's due must be distributed, and as long as you're not unhappy about the amount, whether it's a lot or a little," Sheng Xiping chuckled upon hearing this.

"We're a company now, after all. We need to have proper rules and regulations; we can't just leave things like this."

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