this man is not calm

Chapter 467 Unintentional intervention
Talking about this business that has been very profitable in the past ten years, Jin Shang has very complicated feelings.

Internet cafes have certainly played an important role in the successful start of Jinxi Culture, but their limitations are also too great.

If the number of computers owned by households was not so low that Internet cafes were needed to cultivate Internet users' usage habits, Jin Shang would not be willing to spend too much time and energy in this area.

It is really forced by the situation, and many businesses need this carrier to promote.

I won’t mention it when I was short of money in the past, but now that I’m relatively wealthy, it would be a good idea to buy the property while the price is relatively low.

It's not for rent exemption or something. The property company is operated independently, and each Internet cafe outlet has separate accounting. Although they have the same actual controller, the financial transactions are still very formal.

Internet cafe business has its ups and downs, but property will always exist.

With this tool, Jin Shang can firmly control the cash flow of each high-end Internet cafe by adjusting the expenses. To put it bluntly, it is "profit transfer" so as not to put too much cash flow in the accounts of inefficient grassroots operating companies.

Another method is to purchase private equity investment funds in the name of corporate entities, pool scattered funds, invest them in the bond market, and initially test the waters for exchange rate and commodity trading.

Not only can you make some "pocket money" by entering and exiting the capital market quickly with small and multiple transactions, but you can also earn a lot of commissions for individuals.

In addition, the ups and downs of the stock market provide many opportunities to earn the difference and make small profits.

Most of the time, Master Jin himself does not show up directly and has no time to watch the market. He only strictly controls the general direction, and leaves the specific operations to reliable traders.

To put it bluntly, the money may not be transferred to the parent company, private financial company or personal account immediately, but it doesn’t matter. As long as Jin Shang has control, it is enough and there is no requirement to transfer it immediately.

This is not only true for high-end Internet cafes, but also for property companies, financial companies, and subsidiaries and branches of all sizes.

Only when funds start flowing can there be room for operation. Accounting and tax avoidance are basic skills that businessmen must always possess.

Jin Shang had never thought of doing any illegal activities such as tax evasion. Every year in the financial accounting, the amount of corporate income tax and personal income tax declared was astronomical. After deducting various tax exemptions, refunds, subsidies and other preferential policies, the amount was still very large.

This requires very complex financial means to deal with the complicated cash flow issues.

When chatting with my fiancée after work, the topic of real estate and finance has been mentioned more than once.

"If I have extra money, I'd buy some properties for my own use and enjoy some of the dividends of real estate development, but I've never thought about doing real estate business myself. I just want to maximize the use of funds and make more profits. Anyway, if I don't buy, naturally someone else will. I'm not the only one who sees the trend of the times. More and more funds are eager to buy at the bottom."

"I thought you had a prejudice against this industry, but I didn't expect you to have a positive view of it."

"Food, clothing, housing and transportation. Clothing and food come first, and settling down and having a car, boat and horse come second. Real estate is very important, and its priority is slightly lower than that of grain and agriculture, but it cannot be underestimated."

Since they were not in the company office, Jin Shang lowered his voice slightly and explained,
"In terms of the length of the industrial chain, the breadth of the scope involved, the number of jobs provided, and the huge amount of contributions paid, except for railway infrastructure, automobiles and ships, aerospace, and electronic semiconductors, the others are obviously far behind. With a prosperous economy, a stable society, and wealthy people, people will inevitably pursue higher goals. Real estate is a milestone benchmark. Developed countries and regions must have developed real estate."

"Then you have expressed your concerns and your attitude of keeping your distance from it more than once?"

"I don't have a problem with the real estate industry, but I feel a sense of crisis about the future of excessive financial speculation and bubbles attached to it."

After a pause, Jin Shang took a sip of herbal tea and said with feeling,
"In the current economic situation, real estate will inevitably take on the attributes of financial derivatives in addition to its actual use value. Since it is a financial product, there is a risk of excessive speculation. Our future as the world's factory is almost here. If there is no place for the massive trade surplus and rapidly expanding foreign exchange reserves, the consequences will be disastrous."

The domestic financial market in the late 1990s was so weak that it could not accommodate the huge amount of liquidity and was not qualified to become a "capital reservoir".

The most direct and effective way for ordinary people to enjoy the dividends of national development is to buy a house, and buy it as soon as possible.

Considering the relatively conservative values ​​in China, no one should take lightly such major life events as starting a family and establishing a career.

If one is not careful and fails to handle the real estate fund reservoir properly, it will become a catastrophic disaster like a mountain falling down on one's head.

"Of course, this is a difficult problem that we will have to face in 20 or 30 years, and it may not be as bad as I imagined."

The national conditions in the past and present lives are different. Perhaps we can use time to exchange for space, resolve the crisis of overheated economy, and achieve a smooth landing.

"Trust in the wisdom of future generations?"

"who knows!"

Jin Sang responded nonchalantly.

This topic almost ends here. You will definitely not lose money by purchasing the property. Just find a suitable time, list it on the secondary market, and then sell the shares to cash in.

"So, people who don't stand high enough can't see the direction of the future and can't feel the pulse of the times. The more status and the richer people are, the easier it is to get rich."

The gap is getting bigger and bigger.

Just like Jin Shang, Lao Jin provided the first pot of gold and helped it get through the most difficult start-up stage.

More than 80 percent of entrepreneurs fail in the initial stages of their business and their business goes bankrupt before they get on track.

Once Jin Shang has accumulated tens of millions in cash flow, it will be able to leverage several times the capital to sweep up all kinds of undervalued high-quality assets in the market, and then repeat the mortgage in various ways, increase the leverage layer by layer, and the total value of assets will expand rapidly.

With the help of the "Golden Broom", Jin Shang easily walked around the edge of one trap after another, successfully raised funds, obtained loans, and listed its subsidiaries, and then it recovered.

An outbreak is a very dangerous, but also very profitable thing.

As the debt ratio began to decline, Jin Shang even had enough spare capacity to borrow a large sum of money from the bank to replenish his cash flow and buy more real estate.

At a stage where the regional financial crisis has not completely passed and is even some distance away from the trough, Jin Shang dares to increase leverage and make counter-cyclical investments. Naturally, it is assured of an uninterrupted cash flow, the ability to get through it smoothly, and the ability to reap huge profits.

"High risks are often accompanied by high profits. You are sometimes as steady as an old dog, and sometimes so radical that it makes people astonished. You are really too impulsive."

"The second installment of interest from Lao Huang is due at the end of the month, and there will be another concentrated repayment at the end of the year. PHS, electronic games, Jingxi Metropolis Daily and Zhiyin Zatan are the business lines with the highest profit margins. If nothing unexpected happens, Minxing Bank will still have a lot of dividends, which can almost offset nearly one-third of the expenditure. The rest depends on personal financial situation." "What is the estimate?"

“A 24 percent year-on-year increase!”

"If it really doesn't work, I can ask my family to raise a few hundred million to make ends meet?"

"No need. The cash flow from Jinxi Mall can be reduced. In addition, the online game "Fengshen" and many copyright revenues can bring in a lot of money."

The gap is not big, and Jin is confident that he can successfully get through the cash flow crisis at the end of this year. If it really doesn't work out, he can mortgage part of his assets and shares and seek a bank loan.

"Okay! If you have any difficulties, let me know in advance. My family is in this situation. I can raise some money by selling everything I have, but no more."

"We are all family, and we don't talk about our own opinions. We are just prepared for the worst. If nothing unexpected happens, there should be a little surplus. Many small businesses that I look down on and think are unimportant are actually quite profitable. For example, the breeding industry at the data center consumes a lot of electricity and has high costs, but off-season vegetables, fruits, Chinese medicinal materials and edible fungi are really profitable. Chickens, ducks, cattle, sheep, red deer are put on the market in batches, so we can make a little money."

The electricity is our own, so it's free. If we can't use it, we have to sell it to the power grid at a low price. The grid's absorption capacity begins to increase in the summer, but the price is still not satisfactory.

Then there is waste recycling and reuse, methanol energy storage and ethanol bioenergy production, which saves a lot of power and fuel costs.

If they have strong absorption capacity and high utilization efficiency, photovoltaic and wind power are really good things that are hard to give up.

What's more, with the support of the "golden finger", the efficiency of wind turbines and photovoltaic solar cells is significantly higher than expected, which is perfect.

"Also, look at this!"

Jin Shang turned the computer screen to the side, showing a group of photos, and said with a little joy,

"Not long ago, my second uncle got a large piece of heavily saline-alkali land at the mouth of the Dongying River to develop a coastal breeding ranch, and I also took a piece of it."

"By the sea? What are those white crystals on the ground?"

"sea salt?"

"Is that a salt field? What are you going to do with it?"

"Farming!"

Under Li Xuan's incredulous gaze, Jin Shang responded with a smile,
“This was what it looked like at the beginning of the year, look at it now!”

As Jin Shang clicked the mouse, photos appeared one after another, all of which showed the same place, but their appearances had completely changed.

The color of gray-brown, brown, reddish brown and bright yellow is quite spectacular.

"This is Salicornia herb. It is the most salt-tolerant and waterlogged crop that can be found in China. It can survive and grow in an environment with a salinity three times higher than that of seawater, that is, a salt content of more than 10%. It grows fastest in a saline environment of 3% to 5%. In other words, it is a medicinal herb that can even be irrigated directly with seawater, and it is also a vegetable..."

Next, the next one.

"This piece of purple-red is called Suaeda salsa, which is from the same family as the Salicornia above. Its tolerance to salt, alkali and waterlogging is slightly worse, but it is also very strong. It will not die even if it is flooded by seawater. What's more surprising is that both Salicornia and Suaeda salsa are very valuable salt-absorbing crops. The seed yield is not high, but the oil content is almost twice that of local soybeans. It is very good whether it is eaten or made into biofuel oil. Their stems and leaves are nutritious vegetables and can also be used to feed livestock. In ancient times, people living by the sea called them 'barren alkali vegetables' and 'salty barren vegetables', which shows how tenacious this thing is..."

“How’s the production? Is it profitable?”

"It's OK! Their most important value is not this. The biggest benefit of salt-absorbing crops is that they can improve the soil. In the laboratory, this thing can reduce the salt content by 40% in the first year, and remove more than 60% of the salt after two years. In the third year, you can basically grow salt-tolerant sea rice, alfalfa, corn grass and other high-quality forage grasses. By rotating several crops, the heavily saline-alkali land on the seaside that was originally barren can basically be revitalized. Whether it is growing food or raising cattle, it is very profitable."

If it is really proven that this approach is feasible, it will not just be a matter for one family or one household, but a great achievement that will benefit the country and the people.

“Sea rice isn’t ready yet, right?”

"Well, it's a semi-finished product. The shape is extremely unstable. It will probably take several years to select the seeds. It takes time and a bit of luck!"

There are nearly 10 million mu of unusable coastal saline-alkali land in the Jiaodong Peninsula alone. The situation in northern Jiangsu is equally unsatisfactory. All you can see are barren beach alluvial plains. The name "Yancheng" is not in vain.

"It's good to have it. It's better than just watching and doing nothing."

"The next step is to breed a group of cold-resistant and wind-resistant subspecies. East China and North China are just a small test. Northeast China, northern desert, northwest China, and Central Asia have countless large and small salt lakes and barren saline-alkali lands. When the wind blows, the sky is full of sand."

When developing agriculture and animal husbandry in the north, we must pay attention to establishing windbreaks. Otherwise, a few sandstorms will destroy years of work.

When he first started doing this, Jin Shang didn't think there would be much benefit at all. Acquiring the land was one thing, but management would probably take several years, and it was still unknown how long it would take to truly recoup the costs.

But now the situation is unexpectedly good. The crops perform well in the laboratory and grow well in the wild.

In addition to "photovoltaic greening", the benchmark for saline-alkali land management can be used as a trump card, which is very good.

The investment is not large, there is extra output, and the effect of improving the soil is also very good, which is ideal.

Experts from my alma mater, the local agricultural college, and the professor team from Northeast Agriculture and Forestry University are all very satisfied with the result. It is said that they will jointly write a paper and publish it in an authoritative journal, which can be regarded as a remarkable achievement.

"Go and have a look later. I won't feel reassured unless I see it with my own eyes!"

The feedback from "Golden Finger" was rather strange, tending to be positive, but it was not a particularly significant event, so the benefits gained were not much. Because of this, Jin Shang also misjudged its importance.

Perhaps, we still need an opportunity to truly pocket the benefits.

“It’s obviously an Internet technology company, so why is it that it frequently steals the show in the primary industry?”

"It's an accident! Anyway, it's already like this. Let's prepare the summer promotion and e-commerce activities that benefit students first, and then go over there to take a look."

(End of this chapter)