Because he had to oversee the digital cryptocurrency operations and convey relevant instructions, Si Mingyu had to spend this year's New Year's Day and New Year in Shanghai. Zhang Ningxi stayed with him and did not go home.
It’s not that remote control is impossible through mobile phones or the Internet, but it is safer to conduct transactions of such huge amounts on site. Even if it is to stabilize the morale of the troops, you have to go to the company for a period of time every day.
My uncle and aunt expressed their understanding for not being able to come back for the New Year. Now Si Mingyu is not only a student but also the boss of a large group. It is normal for him to have no holidays once his business becomes busy.
Although Si Mingyu and many Dongshen Wealth employees were unable to go home for the New Year, they received belated New Year gifts.
After deducting all taxes and fees, the investment of 200 million US dollars returned more than 8.3 billion US dollars, which was nearly 40 times the amount in half a year. This is a crazy number and it is purely a huge profit.
When the last transaction was completed, the entire Dongshen Wealth office went crazy, and everyone present shouted excitedly.
The same scene happened not long ago, but the profits that time were nothing compared to this time.
It’s no wonder they are happy. If the boss makes money, their bonuses will not be less.
Si Mingyu immediately promised Song Yanming a bonus of 10 million yuan, and all other participants in the operation a bonus of 2 million yuan each. He also set aside 3 million yuan for travel expenses for the entire Dongshen Wealth, including the employees of Dongya Mingyu Investment Company, to choose their own travel destinations.
Compared with the bonus, the hard work of the past six months and the loss of not being able to go home for the New Year are not worth mentioning at all.
It has been less than two years since Si Mingyu became a shareholder of Dongshen Wealth, but the employees involved in the operation have received an average bonus of more than three million yuan per person. The boss really gave too much.
Si Mingyu is no longer needed for the subsequent finishing work, as the people at Dongshen Wealth have sufficient experience.
Si Mingyu made a huge profit, but this huge profit directly led to the collapse of several digital cryptocurrencies, and indirectly caused the digital currency markets in South Korea, Southeast Asia and other countries to plummet, and huge amounts of funds were swept away.
But this is normal financial business behavior. When some people make money, others lose money. That's all.
This amount of money is approximately 58.7 billion Chinese yuan.
The total amount of borrowed funds and principal that needs to be paid is 700 million.
The Zhou family had already deducted 120 million yuan from the sale of jade jewelry, so they only needed to pay another 120 million yuan in principal and interest.
Loaning out 200 million RMB for six months netted 40 million RMB, which is a pretty good return. But remember, while there are many investment projects with higher returns, they also come with greater risks, and you'll have to pay taxes in the end. This is the net income from private lending.
However, this is insignificant compared to the income of the Guo and Liu families.
The Guo family contributed 100 million yuan for joint investment, and Si Mingyu also invested 100 million yuan into the same account.
This account mainly plays a supporting role, so the profit is not the highest, but the Guo family can still get 3.5 billion in the end.
Similarly, the Liu family’s 50 million was also in this account, and they also earned 1.75 billion.
When Si Mingyu called the parents of both families, they thought they had misheard and confirmed it several times.
I really can't blame them. A 30-fold profit in half a year is impossible even in the financial industry without a burst of luck. After all, the market capitalization of an ordinary company is only a few dollars. Under normal circumstances, it won't increase much, and it's impossible to make much profit.
As for other financial investments, the same old saying applies: high returns mean high risks, low risks mean low returns.
But that is the fact, especially when the money was transferred to the two designated overseas accounts, both families were stunned by this windfall.
You should know that among these families, the one with the most assets is Tao Xusheng's Tao family, with a market value of over 8 billion. But this figure includes all their real estate, funds, etc.
The market value of the entire Guo family is only more than 4 billion. This almost doubled their wealth. How could they not be ecstatic?
For the Liu family, most of their assets are ships. Now that they have suddenly received such a large unexpected income, they can immediately put the original plan of renewing the family fleet on the agenda.
In stark contrast to these two companies, the remaining four stamped their feet and beat their chests, regretting their decision too late. Why had they been so timid in the first place? Why had they not followed suit and invested?
Unfortunately, money can’t buy you regret.
After the money arrived, Si Mingyu first transferred 200 million to Zhang Ningxi's father, Zhang Tianming, as a profit from his 5 million investment. Zhang Tianming was initially skeptical, but after Si Mingyu explained it in detail, he reluctantly accepted it. After all, the profit was too much.
In addition, he invested another 500 million yuan to register "East Asia Mingyu Agriculture Co., Ltd." and entrusted Zhang Tianming to use his connections to find suitable land in the Northeast to develop planting. The main purpose was to provide food and vegetables for his family.
As for the Medical Research Institute, after repaying 3 billion in foreign debt, another 9 billion was invested. At least in terms of capital investment, it has reached the scale of investment made by large foreign pharmaceutical companies in developing a new drug.
This means that once the research and development is successful in the future, its credibility will be greatly improved.
Then, he poured capital into his trading and electronics companies to boost their profitability. Besides increasing his stakes in Penguin and China Merchants Bank to 1%, he also acquired an additional 1% of the original shares in Character Leap.
After all these operations, Si Mingyu's net worth reached nearly 57 billion Chinese yuan, and his annual income exceeded 350 million yuan.
This annual income was quite low, even less than what he would earn if he converted his entire fortune into cash and deposited it in the bank. However, Si Mingyu's current goal was to maintain a low profile, enhancing his position as a shareholder in a large company. The remaining income would only cover his daily expenses, and he wouldn't have to worry about future income if the pharmaceutical research institute achieved a breakthrough.
Now he could wear the Patek Philippe 175th Anniversary Complex Ref. 5175 watch, worth over 200 million yuan. Because he hadn't spent a cent on the watch, the so-called 200 million yuan actually went into Si Mingyu's secret overseas account.
This is a tactic often used by wealthy people. With his current wealth, it would seem out of place if he didn't do this on purpose.
Even so, Si Mingyu still has about 2.7 billion in cash, because the annual income is enough to support various expenses, so this money has to be spent.
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