Most of the scrap steel is wholesaled for 670 or 680 yuan per ton, while fertilizer is sold to the state-owned farms for 450 to 500 yuan per ton. These profits are not small.
As for industrial steel, the profits were even greater.
A ton of stainless steel costs nearly 10,000 yuan on the market, and it can be sold wholesale to merchants for around 8,000 yuan. The cost, however, is only five cases of liquor.
They make a lot of money from bulk trading, with profits in the tens of millions. They've made a fortune.
People like Zhang Zhiqiang benefited from the connections of Chen Weiguo, Zhang Zhijun, and others, earning nearly 100,000 yuan in total, including salary and bonuses.
Those who invested money, like Sun Jinggang, could receive tens or even hundreds of thousands of yuan.
Chen Weiguo and the others didn't come, but since they invested money, they would also get a share. Of course, Sheng Xiping and Wu Yucheng earned the most.
Upon hearing that they would be receiving so much money, everyone was overjoyed, especially Zhang Zhiqiang and others, who were so excited that they cried.
“Brother Xiping, we’re sticking with you for life. Whatever you tell us to do, we’ll do it without hesitation.”
I never dreamed I'd have so much money in my lifetime.
"Well, don't get excited yet. I have a few words to say to everyone." Sheng Xiping looked around at everyone, coughed heavily, and began to speak.
“This money is coming in too fast. You guys are making tens of thousands or even hundreds of thousands all at once. I’m afraid you’ll get carried away.”
So I have to give them a few words of advice: no matter how much money you make, live your lives honestly and no one is allowed to show off.
I'm warning you, if anyone takes this money and doesn't use it for good, going out to eat, drink, gamble, and whore, if I find out, I'll kick them out and they can forget about working for me forever. Understand?
"Let me tell you, this is just the beginning."
Next year, I'll find a way to expand our business further west. We'll travel all the way to Moscow along the Trans-Siberian Railway. I don't know how many times more money we'll make then.
Back then, you were all company veterans, so I definitely wouldn't treat you unfairly. We'd all make a fortune together. Understand?
At first, Sheng Xiping only wanted to fulfill his brotherhood, help everyone make some money, and also get some cheap wood along the way.
But after all this time, Sheng Xiping’s goals have changed. In this era, why can’t he seize the opportunity and make a big splash?
Upon hearing Sheng Xiping's words, everyone's gaze hardened.
"Brother, don't worry, we will definitely work hard with you and none of us will go out and cause trouble."
"What you're saying now is all good, but I'm afraid that once I leave, you'll all be itching to get back to me. Anyway, I'm leaving it at that; you can figure it out yourselves."
(End of this chapter)
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