Asking for money, but not giving it!

I won’t give it to you even if it kills me!

This is the strategy set by Hu Zhenhua.

He happily accompanied Deputy Mayor Lin and Wan Yumin.

Regardless of whether these two people believe it or not, Lao Hu will first complain.

"Two leaders, TA's company is in such a difficult situation! As you just saw, we've placed large orders with various factories to boost the local economy, but when we need financial support, those foreign companies find ways to make things difficult for TA!"

Hu Zhenhua paused, looking pitiful.

"Why am I doing this? It's to develop the Magic City's economy. TA's company has orders worth hundreds of millions of dollars. Deputy Mayor Lin, if all these orders are completed, how much tax can the city government collect? And how many jobs can be created?"

Old Hu beat his chest and stamped his feet,

"Why is it so difficult to do something practical? The foreigners are just bullying us because we are poor and weak!"

He squeezed out a few tears,

"Actually, it's not their fault. It's because we're poor! When we're poor, we have to be bullied! Leaders, let me be frank. These foreign companies are harassing us right in front of you. It's clear that they don't take the city government and the garrison seriously."

After saying this, Hu Zhenhua looked sad.

Deputy Mayor Lin and Wan Yumin automatically ignored most of what Lao Hu said. The only thing on their minds was "hundreds of millions of dollars."

Last year, the GDP of the entire Magic City area, converted into silver dollars, was only about 3 million yuan.

Deputy Mayor Lin swallowed his saliva and asked,

"Mr. Hu, does his company have so much money?"

This problem is exactly the same as those of foreign companies.

Hu Zhenhua stared at Deputy Mayor Lin, making the latter feel a little nervous.

"Deputy Mayor Lin, this order isn't a one-time payment. Instead, we'll pay for it after each batch is inspected! This time difference allows TA Company to be sure to complete all purchases!"

“But in the end, the money still has to be paid.”

Hu Zhenhua shook his head.

"Deputy Mayor Lin, I'm afraid you don't quite understand. The production capacity of the Magic City is limited. From what I learned last night, I'll be thankful if we can complete one-third of it!"

One third, that is, 30 million yuan.

Wan Yumin's frown relaxed.

If it is this number, TA company can still complete it if they make up the money.

He suddenly asked,

"I wonder what the purpose of TA's order of so many vehicles and generator sets is?"

Hu Zhenhua showed an apologetic expression.

"Mr. Wan, please understand, this is our company's biggest profit secret, I'm sorry I can't disclose it!"

Wan Yumin didn't mind either. He just came to ask for donations, and other things had nothing to do with him.

"Mr. Hu, you're being too serious. I was just asking out of curiosity. I personally hope that TA's company makes as much money as possible. After all, you care about the country, as evidenced by your donation of over 1000 million yuan to the Jiangfang defense department!"

Hu Zhenhua laughed, pretending not to understand Wan Yumin's "explicit instruction", and said,

"Of course, of course. You're guarding the safety of Jiangnan, so isn't it our duty to donate? We are like fish and water, and we can't live without each other!"

When Wan Yumin heard the word "Jiangnan", he felt it was a bit harsh.

But the words "the army and the people are as close as fish and water" made his eyes light up again.

"Mr. Hu, you've revealed the relationship between the army and the people in just one sentence!"

Hu Zhenhua laughed heartily and painted a big pie for him.

"Mr. Wan, as long as his company can make money, let alone 10 million, even 20 million, I won't frown!"

Deputy Mayor Lin swallowed again, feeling a little uncomfortable.

Hu Zhenhua has already given Jiang Fang 100,000 yuan, and now he has promised another 20 million!

Why are they holding back on paying the land purchase money now that it’s at the city government?

Do you think that only the people from Jiangfang will take a tough approach, and the city government are all cowards?

Deputy Mayor Lin decided to warn Hu Zhenhua. He said,

"Mr. Hu, the city government also hopes that his company will become prosperous. After all, the more you earn, the more taxes the city government will receive!"

Hu Zhenhua ignored his "suggestion", slammed the table and shouted,

"Hey!"

He didn't care whether Deputy Mayor Lin and Wan Yumin were frightened or not, and continued,

"Deputy Mayor Lin, once this order is completed, I will come to your house in person to pay the tax!"

Hu Zhenhua insists on one principle: drag!

If you keep delaying, both taxes and donations will be delayed!

Deputy Mayor Lin didn't want to wait that long, so he said bluntly,

"The city government is in a tough spot! Mr. Hu, you might not know this, but the police department hasn't paid their salaries for a while, and the patrol officers are very resentful. As the saying goes, an emperor has plenty of hungry soldiers. If they don't get paid, the police department's enthusiasm for maintaining public order will be dampened!"

He suddenly shook Hu Zhenhua's hand and spoke earnestly.

"The police and the public are as close as brothers and sisters! Mr. Hu, could you please provide a tax payment first, or pay the land purchase price first, even if it's just a partial payment!"

Hu Zhenhua felt very uncomfortable.

Taxes?

Tongan Company was established less than a week ago. Even if you want to pay taxes, you have to wait for a tax payment cycle. At worst, you can wait for ten days or half a month before submitting the application.

How can you collect taxes from a company just after it is established? Isn't that killing the goose that lays the golden eggs?

As for the land purchase money, it is even more ridiculous.

The contract clearly states that payment should be made within half a month to three months.

This is not even the time stipulated in the contract!

Hu Zhenhua wanted to reason with Deputy Mayor Lin, but as soon as this idea came into his mind, it was rejected by Old Hu.

Will the city government reason with you?

After a brief thought, Hu Zhenhua came up with an idea. He shook Deputy Mayor Lin's hand tightly, as if they were old friends.

"Currently, their capital chain is very tight, and they simply can't raise any money. If they forcefully withdraw funds, I'm afraid not only will they be unable to fulfill their purchase orders, but they might even go bankrupt!"

Deputy Mayor Lin's heart felt like it was hit by a hammer.

In an instant, he was in a dilemma.

If the payment is forced, and the company is forced to go bankrupt, the city government may be accused of draining the pond to catch fish.

But if the debt is not collected and the company goes bankrupt, the city government will not get a penny.

Suddenly, Deputy Mayor Lin remembered something and asked,

"Mr. Hu, as far as I know, you ordered goods worth 2000 million yuan from WWA, and the contract has already been signed. Now, the orders you've placed with various factories appear to be embezzlement of this money. How will you pay after the goods from WWA arrive?"

"That's easy, because I can recover most of the money within a month. In our business, we must turn it around quickly! A sum of money, in his hands, can be turned around at least twice a month."

Hu Zhenhua looked at Deputy Mayor Lin and smiled.

"You surely understand the advantages of a fast capital turnover?"

Of course, Deputy Mayor Lin understood. Not to mention him, even an ordinary businessman would know it very well.

The Magic City is the economic center of the country with developed commerce and trade. Its GDP is almost the sum of the seven cities ranked second to eighth behind it.

The developed economy of Shanghai benefits from its open environment and the introduction of advanced business concepts.

In fact, capital turnover rate is not an imported product. It is recorded in "Records of the Grand Historian: Biographies of Merchants".

There is a well-known phrase that also describes the capital turnover rate: small profits but quick turnover!

What is 'multi-selling'?

Just sell a lot!

How can we sell more?

The answer is small profits, selling cheaply means the funds can be turned over quickly!

For example, if you have 100 yuan and start a radish business, you will buy 100 yuan worth of goods every day and sell them all on the same day.

In this way, your monthly turnover is 30 times. If the daily profit margin is 10%, the accumulated monthly profit margin after 30 days is 300%.

Doesn’t this mean selling at a low price but high volume, and achieving high turnover with limited funds?

Later, your business expanded and you needed to import goods worth 1000 yuan every day.

The consumption level of ordinary people is limited. It is impossible to sell out so many goods in one day, maybe it will take two days.

This brings your monthly turnover to 15 times.

What if the funds are expanded to yuan?

The monthly turnover may become 5 times.

Deputy Mayor Lin looked at Lao Hu and had the same question in his mind.

"Mr. Hu, with a capital of 4000 million yuan, can Tong'an really achieve a turnover of twice a month?"

Hu Zhenhua didn't want to explain too much about this aspect, and said with a smile,

"Deputy Mayor Lin, please wait and see! It'll only take a month. After the expiration of this period, Tong'an's profits will double, and the same will be true for the taxes received by the city government!"

Hu Zhenhua's statement is like asking a multiple-choice question: If you can receive 100 yuan in taxes now, you may receive 200 yuan a month later.

How to choose put Deputy Mayor Lin in a dilemma, but he quickly jumped out of Hu Zhenhua's rhythm.

"Mr. Hu, the city government is short of funds. What should we do?"

Only children make choices, I want them all!

Not only do they want the tax now, but they also want double the amount in a month.

Hu Zhenhua picked up the teacup and chuckled.

In his heart, he cursed Deputy Mayor Lin's ancestors for eighteen generations.

Hu Zhenhua thought for a moment and said,

"TA understands the city government's difficulties. I have two options. One, the city government will lend money to the foreign bank. Two, the city government will provide a guarantee for TA. After we get the loan, we can pay the land purchase price in advance at our discretion!"

Deputy Mayor Lin looked at Hu Zhenhua meaningfully.

In a blink of an eye, the initiative was back in Lao Hu's hands.

Loan, how is that possible?

Does the city government still have any credibility?

Without credit, there is no guarantee.

What Hu Zhenhua proposed was not a solution at all, but a slap in the face of the city government.

"Mr. Hu, their company is very wealthy. Can't they even take out three or five hundred thousand?"

Upon hearing this, Hu Zhenhua clenched his fists. He really wanted to splash the tea in his hand on the face of this hateful bureaucrat.

The consequence of doing so is that TA may be seized and funds may be frozen!

Tolerate!

I can only endure it!

Hu Zhenhua unclenched his fist, looked at Wan Yumin, and said,

"Mr. Wan, can you please postpone their donation to the Jiang Defense Headquarters? After all, the city government is indeed in trouble."

Wan Yumin's face suddenly darkened. He came here to advance the donation schedule, but now he didn't get a penny and the schedule was postponed!

"Mr. Hu, are you saying that the importance of river defense is not as great as that of the municipal government?"

Hu Zhenhua was furious. He stood up angrily, glared at the two bureaucrats, and shouted,

"You are all important, but his company is not! Are you two satisfied with what I said?"

Hu Zhenhua walked to the window, lit a cigarette, and looked out at the distant scenery. Only in this way could he suppress the anger in his heart.

On the street, the refund of boat ticket insurance is still going on, and the long queue stretches for hundreds of meters.

Suddenly, Hu Zhenhua saw a familiar figure: Brother Hao San!

Last night's newspaper had a great impact on Brother Hao San. For the first time, he thought about becoming his own boss.

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