boyutpedia Chapter 191 Preparing to Promote Xiao Fan to Deputy Section Chief
Chapter 191 Preparing to Promote Xiao Fan to Deputy Section Chief
"reliable!
In recent years, with the reform and opening up of our country, many people from Hong Kong have invested in the mainland, and many domestically produced goods have also been sold to Hong Kong, which has greatly boosted the development of Hong Kong's economy.
As a result, Hong Kong's stock market also experienced rapid growth.
Qi Tongwei found a believable reason: he was certain that this year's Hong Kong stock market would be a bull market, and the Hang Seng Index would soar all the way up.
He cannot say that this is how history has been.
"Okay, we get it!"
Lei Yaohua said that he trusted Qi Tongwei, and as long as Qi Tongwei said it could be done, then there was no need to hesitate.
However, he wouldn't tell Fang Zhigang this; whether Fang Zhigang could seize the opportunity was up to him.
Last year, Qi Tongwei only informed them about the stock subscription certificates and gave them some analysis; ultimately, the decision of whether to buy or not was up to them.
Finally, they bought stock warrants and made money.
At the time, some people did not buy after receiving the news, and thus missed the opportunity.
Of course, many more people don't even know about it.
By the time they learned about the stock subscription certificates, it was too late.
They've already made their second wave of profits.
Of course, you can also enter the market in the second wave and make money, but the cost is too high.
Lou Xinghe, Zuo Junman, and Lü Zixuan also approached Qi Tongwei to inquire whether the Hang Seng Index was reliable.
Qi Tongwei assured them that it was reliable and repeated his previous statement.
Whether or not to believe it is a matter for Lou Xinghe, Zuo Junman, and Lü Zixuan.
"Township head, I've registered all the things you asked me to register."
The next day, as soon as Qi Tongwei got up, Xiao Fan rushed over with a thick stack of papers.
"That's good. Hong Kong has applied for registration. Other places should also hurry up and apply for registration."
Countries such as the United States, Japan, England, the "Seafaring Nation," the Frankish nation, the bullfighter nation, France, Germany, and Russia should also expedite their registration applications.
Qi Tongwei glanced at the acceptance letter and said, "At this point, the Hong Kong Intellectual Property Office has only accepted the application; it has not yet been successfully registered or the property certificate has been issued."
Registration is only considered truly successful once the property certificate is issued.
Now is the time to race against time; other places also need to hurry up and register.
"Yes, Mayor!"
However, I'm afraid we won't have enough funds. From what I've gathered, registering in most countries around the world will require tens of millions of dollars.
Xiao Fan said with some concern.
"Have the trading company transfer another 1500 million, and we won't need to hand over the funds in June; we'll hand them over in July."
Please exchange for US dollars this time, not Hong Kong dollars.
Qi Tongwei could only tell Xiao Fan to get the money from the trading company; the money in the stock account couldn't be touched, as it would affect the final returns.
Whether Beyotime Technology can grow rapidly depends on the Hong Kong stock market this year.
If Biyun Technology makes money from the Hong Kong stock market this year, Biyun Township and even Yunmeng County can develop rapidly in the future.
However, the money transferred this time needs to be converted into US dollars, then into Hong Kong dollars, and then back into US dollars. The total amount of US dollars obtained is only about 1.3 million.
A direct exchange of Chinese Yuan for US dollars would yield around 1.7 million.
The difference is about $400,000.
Qi Tongwei regretted exchanging the money too late. If he had exchanged it before March 5th, 15 million Chinese yuan could have been exchanged for about 2.5 to 2.5 million US dollars, when the exchange rate was only 5.8.
Starting from March 5th, the exchange rate became 8.6.
Currently, the exchange rate between the US dollar and the Hong Kong dollar is 7.75.
"Township head, won't this affect the construction of the new town?"
Xiao Fan knew that the township was carrying out new town construction. Although the trading company paid 3000 million yuan in April, 1500 million yuan was spent on land acquisition alone.
With the leveling and underground drainage pipe installation, the remaining 1500 million won't last long.
This month is okay, but without new funding next month, the construction of new towns will be affected.
“The construction of the new town can be delayed by one or two months without any problem. After all, leveling the land takes time, and building the drainage system takes even longer.”
It will take several more months for the new town to truly begin to show its achievements.
As long as things go smoothly here, we won't lack funds by next year.
With ample funding, the construction of the new town proceeded rapidly.
Moreover, we're going to develop VCDs later, which will require even more money.
Qi Tongwei said that there is no need to worry about the construction of the new town. Construction cannot begin until the site is leveled and utilities are in place.
"All right!"
Xiao Fan nodded. With the township head making arrangements, he didn't need to worry about anything.
"I'll send two people over to you when I get back, and you can recruit a few people here."
In addition, you will be removed from your position as manager of the trading company. I will appoint you as chairman of the board, and someone else will be appointed as the manager.
I will apply to the county government to promote you to deputy section chief when I get back.
From now on, your main task is to manage Biyun Technology well.
Besides registering patents and making money, you need to buy the parts I gave you before and figure out how to purchase production equipment.
Qi Tongwei said that Xiao Fan's abilities are very good, and he is the only one who can handle the job at Biyun Technology for the time being.
Qi Tongwei can keep an eye on the trading company; there shouldn't be any problems.
"Okay, thank you, Township Head! I will definitely do my best to fulfill the task you assigned and live up to your expectations!"
Xiao Fan said excitedly.
Although under his leadership, the trading company achieved remarkable results in just over six months, generating over 100 million in revenue.
Logically speaking, a company with revenue of over 100 million should be at least a section-level unit, or even a deputy division-level unit.
But the trading company was, after all, just a township-owned enterprise, a shareholding unit, and he, as the manager, was only a shareholder.
Moreover, he has only been a section chief for less than a year, so it will be very difficult for him to be promoted to deputy section chief.
But with the township head's words, and the fact that he had given some Hong Kong dollars to the county party secretary and county head during his trip to Hong Kong, he gained their favor.
This deputy section chief position should be a sure thing.
"You deserve all of this. You can also buy some Hang Seng Index shares yourself."
If you don't have enough money to register the VCD design patent and MPEG-2, you can sell some of the long positions in your stock account later.
As for when to sell, wait for my instructions. Send me the Hang Seng Index data every day.
I'm buying a few computers from Biyun Technology. You can learn how to send emails in the next few days.
Send it to me via email later.
Qi Tongwei continued, "To seize this opportunity to make money, we need to boost consumption as well."
Only then will he wholeheartedly dedicate himself to improving Biyun Technology and fulfilling the tasks assigned to him.
He will buy a computer when he gets back to receive Xiao Fan's emails.
"Yes, Mayor!"
Xiao Fan nodded. He had already planned to buy a few computers for Biyun Technology, as they were necessities for office work in Hong Kong.
With the township head's arrangement, things became much easier for him.
Afterwards, Xiao Fan called the trading company and asked them to allocate another 1500 million yuan to Shenzhen to exchange for US dollars, and then bring it to Hong Kong.
Qi Tongwei went to see Li Le, who invited several friends to have a talk with him.