Crazy Entertainment System

Chapter 457 Financial Subsidies

The first thing the old man did upon receiving the data from Chen Yu was to hand it over to experts at the China Meteorological Administration for analysis. He even went so far as to use the national supercomputer for data calculation and analysis.

Approximately 12 hours. The conclusion drawn from Chen Yu's data was 80.91234%. When they saw this data, all the meteorological bureau staff were stunned, because they had never discovered such a thing, and it had been handled by someone or a team that wasn't a professional.

The old man was stunned when he saw the data report.

80.91234%, this is almost certain to happen, and even if there are changes, they will be within the expected range.

Therefore, the country must prepare for this event. The first thing to do is to organize a special task force to handle, analyze, and plan for this matter.

It must be said that when the state apparatus is running at full speed, its efficiency is incredibly high.

Chen Yu had already anticipated the country's reaction. Once they got the data, they were sure to take action. However, Chen Yu hadn't expected them to act so quickly.

More importantly, the materials allocated by the state are relatively unprocessed, while all the better finished products on the market are in Chen Yu's hands.

"Sir, there's something I must tell you!"

"What's wrong?!"

"Regarding products like thermal clothing, Chen Yu basically controls all of them as long as the quality is above average. Among them, China Apparel has been placing orders like crazy around the world recently, ordering tens of millions of down jackets and nearly ten million down comforters, which has led to a price increase for all down products worldwide."

Chen Yu had already acquired all the high-quality down jackets. Although there were many other brands on the market that made down jackets, none of them were as good as those made by Zhonghua Clothing Customization.

The down filling in Zhonghua Clothing reaches 92%! While most down jackets in China are only 60% to 70%. Although advertised as 90% or 100%, they actually contain some non-down components.

After listening to his subordinate's report, the old man was speechless with frustration.

This guy really went all out. Ordering down jackets worth tens of millions of yuan at once—that's a huge expense.

"I understand. Do everything you can to gather supplies. We can't touch Chen Yu's supplies, since he bought them. I've already spoken with him, and he won't take advantage of this crisis to make a profit. The prices will definitely be reasonable. However, the cost of clothes of this quality must be high. Those with money can afford it, but those without can only look on with envy."

"Notify the Ministry of Finance of the upcoming meeting!" the old man said after a moment's thought.

He planned to use a government subsidy to get Chen Yu to lower the price.

We want to make it as affordable as possible for ordinary people, since down jackets are still relatively expensive for rural families at this time.

Don't make it too expensive; a down jacket like this for 500 yuan is enough to deter many people.

"Ok!"

Soon, a lot of people gathered in the room.

"Old Li, could you take some people to estimate the cost and price of this high-quality down jacket from Zhonghua Apparel? Also, I'd like to ask Chen Yu what price he's planning to sell it for!"

As they were talking, the old man had already connected with Chen Yu.

The call was answered quickly.

"Grandpa, what do you want to see me about?!" Chen Yu said softly.

"Let me ask you, what price are you planning to sell the down jackets made by Zhonghua Clothing at?!"

Upon hearing this, Chen Yu understood the old man's purpose.

"The price will be around 400 yuan!" Chen Yu said after thinking about the data submitted by Bai Tian and Meng Nan.

"So expensive?!" The old man exclaimed immediately upon hearing the price, but for Du Yu's down jacket, it wasn't very expensive!

"Expensive?! Sir, you may not know, but the down jackets I have custom-made can withstand temperatures as low as -20 degrees Celsius. They're not some cheap, no-name brand from the market."

"Do you know how much it cost me in total?!" Chen Yu said irritably upon hearing the old man's reaction.

"How many?!"

"397.2 yuan, and that doesn't even include the cost of the store and labor. If you include that, it will be even more expensive. How about this, go to Heilan Home or Uniqlo in Beijing and see the actual product, then tell me if it's expensive or not! You have no right to speak without investigation!" Chen Yu said very bluntly.

The old man was a little embarrassed, having been lectured in front of so many people.

"Xiao Liu, do you have detailed information on the down jackets made by Zhonghua Clothing?" the old man immediately asked the person who had just reported.

"Yes, here it is!" As he spoke, he pushed a laptop over.

When he saw the appearance and information of the down jacket, he knew that Chen Yu was not lying. This was not an ordinary casual down jacket at all; it was a down jacket specially designed for extremely cold regions.

Most people wouldn't buy this kind of down jacket because it's too wild, somewhat like an outdoor windbreaker.

"See that?! Old man, let me tell you the truth, this is a thankless task for me. If I weren't Chinese, I would definitely price it at 800 yuan, but I'm losing money now, and it's 100% guaranteed that I will lose money."

"Alright, I know! Stop complaining to me. Haven't you heard the saying, 'With great power comes great responsibility'? I still need to continue discussing the upcoming snowstorm. I'll hang up now," the old man said dismissively.

"Chen Yu has ordered 120 million sets in total. No wonder you said that the global market simply doesn't have enough material and human resources to make them for us."

The price of this down jacket definitely includes the cost of working overtime to make it.

"We'll subsidize 200 yuan per down jacket. We'll subsidize whatever we sell!" the old man said, taking a deep breath.

"200? Isn't that a bit too much? According to the data, if this really happens, we'll have to subsidize more than 200 billion yuan. That's no small sum," the Minister of Finance said.

"If even a small-time businessman like him has this awareness, how can we, as public servants, think 200 yuan is too low?!"

"That'll be two hundred. Also, investigate how many other good things Chen Yu has that we can't buy right now. We'll offer direct government subsidies to get them to lower the prices."

"Okay, no problem! But what's the amount of the subsidy?!"

"About one-third, since nobody knows the full extent of this snow disaster. However, the subsidies are based on each item sold and only apply to the materials we choose. In addition, we will increase supervision. If we find any dishonest people trying to profit from this or engaging in any underhanded tactics, we will take them down immediately. If they dare to smear Guo Nanchai, I'll make them regret ever being born."

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