The world's richest man started by developing gutter oil

Chapter 469 459: 5600 billion in personal income tax

Although what Lao Wang said to Han Chen was not mandatory, if Han Chen did not do it, he would be disrespecting his superiors, so Han Chen still did as Lao Wang said.

For Han Chen, building a factory is not a problem. It only costs a few billion US dollars to build a factory, which is only a few months' profit. However, it is not certain when the factory will be built and when it will be completed.

Because there is still a lot of room for maneuver here, and since ancient times there has always been countermeasures for every policy.

As for how much tax America collects from Deep Blue Group, Han Chen doesn't care about this at all. Taxes are included in the cost, so Han Chen doesn't care whether America reduces taxes or not.

The money will ultimately be paid by consumers, so Han Chen doesn't mind them charging high taxes, and it doesn't even matter if he doesn't do business with them.

September 2017, 1, China time.

There are still 3 days left until the Spring Festival.

Great Wall Motors has launched an electric off-road vehicle priced at RMB 9.98. This electric off-road vehicle has a range of 420 kilometers and supports up to 120KW fast charging per hour.

Great Wall Motors became the second automaker after Wuling Motors to launch electric vehicles priced below 10 yuan.

The faces of major fuel vehicle companies are becoming increasingly grim.

Great Wall is able to launch an off-road vehicle priced under 10 yuan, which means that electric vehicles priced under 10 yuan are coming.

At this price, the emergence of electric vehicles makes fuel vehicles no longer cost-effective.

Fortunately, the country has lowered the subsidy for electric vehicles to 5000 yuan this year. If the country still subsidizes according to the prices of the previous two years, the actual price of electric vehicles after the subsidy will only be 5 yuan. How can fuel vehicles compete with these electric vehicles under 10 yuan?

In the blink of an eye, it was February 2017, 2.

This year, Han Chen's family did not go anywhere for the New Year, because this was the first time they spent the New Year together as a family, and it would be inappropriate to go to anyone's house.

Although the women in the family have already agreed that Han Chen’s rights will be granted to each of them for one day.

In fact, they would secretly form a group at night, one reason was that Han Chen was too strong, and the other was that it was more exciting to have someone to carry a gun with. They were having more fun now than before, and they didn't mind doing things they didn't dare to try before. Now they were as close as sisters.

Han Chen also experienced a lot of new things that he had never experienced before.

After the new year, automobile companies such as Changan, SAIC, and GAC have launched their own electric vehicles priced between 10 and 15 yuan.

In order to clear the existing inventory, the prices of cars such as Nissan Lavida and Sylphy have been reduced to 5.

BYD also announced after the New Year that it would completely stop producing fuel vehicles.

BYD headquarters.

Wang Chuanfu sat behind a large desk, his eyes sharp and steady.

His office is decorated simply yet stylishly. Several exquisite landscape paintings are hung on the elegant wallpaper, revealing a strong cultural atmosphere.

Outside the window, the hustle and bustle of the city forms a sharp contrast with the quiet atmosphere indoors.

Kang Xiangwu, wearing a dark suit, walked into the office with steady steps. The two men's eyes met in mid-air, and there seemed to be a tacit understanding between them that was as quick as lightning.

Kang Xiangwu smiled slightly, stretched out his hand and shook hands tightly with Wang Chuanfu. The air was filled with the wit and cunning of business cooperation.

The two of them sat on either side of the desk, the leather chairs reflecting each other's serious expressions.

Wang Chuanfu tapped the table lightly with his fingers; each tap seemed extremely powerful, as if silently conveying the firmness of his decision.

Kang Xiangwu lowered his head and examined the documents on the table, his brows sometimes furrowed and sometimes relaxed, revealing his keen insight into details.

In fact, this interview was not the first time the two met.

Today, Deep Blue Battery's semi-solid-state batteries are in vogue, and BYD's battery business has been declining again and again. Deep Blue needs production capacity and BYD needs a way out.

So Kang Xiangwu found Wang Chuanfu to discuss the acquisition of BYD batteries.

Kang Xiangwu looked at Wang Chuanfu and said, "Mr. Wang, we can only give BYD 40% of its shares at most. The reason why we are willing to acquire BYD's battery business is because we don't want to build a new factory, but it doesn't mean that we don't have the strength to build a new factory."

Wang Chuanfu showed a helpless expression and said: "Mr. Kang, giving up 55% of the shares is already the limit. I am not the only shareholder of BYD. This result was voted on by our shareholders' meeting."

"Boss Wang, if the company is still so insincere, I think we should just forget about this matter. This is not the first time we have met.

The price we offer is already a 20% premium. Since your shareholders are unwilling to sell, we can only use the money to build a new factory." Kang Xiangwu said and stood up to leave.

When proposing the acquisition, Xiang Wu had already made it clear to Wang Chuanfu that Deep Blue must obtain 60% of the shares in order to acquire BYD's battery factory. If this share is not reached, Deep Blue Group will not acquire it.

However, every time they negotiated, Wang Chuanfu would only give up a few percentage points of shares, and the two sides had negotiated repeatedly for no less than 10 times.

Kang Xiangwu's patience has basically been exhausted by Wang Chuanfu.

Wang Chuanfu quickly stood up and held Kang Xiangwu: "Boss Kang, Boss Kang, Boss Kang, let's talk more, let's talk more."

BYD's battery business is losing money every month, and the only way out is to cooperate with Deep Blue Group.

Although after their cooperation with Deep Blue Group, the profits of their battery business will be compressed to the extreme.

But it’s better than them losing money every day. No matter how much reserve funds BYD has, it can’t sustain this.

Kang Xiangwu looked at Wang Chuanfu who was pulling his sleeve and said, "Boss Wang, I told you I can only give you 40% of BYD's shares. If you can accept it, then accept it. If not, then don't talk about it."

Wang Chuanfu gritted his teeth and said, "Okay, 40% is 40%."

As the saying goes, when you live under someone's eaves, you have to bow your head. BYD was very powerful before Deep Blue came out, but that was only in the past. Now it is Deep Blue Group that has the final say.

The President's Office of Shenlan Group in Shenlan Industrial Park.

Han Chen was answering a call from Yi Donghong of the People's Bank of China.

After three months, they have helped Deep Blue Group purchase 3 billion worth of gold. Now the price of gold has risen from 1700 to 270 per gram. This price increase is all due to Deep Blue Group's massive purchase of gold.

Yi Donghong asked: "Boss Han, if you continue to buy like this, the price will rise to at least 400 per gram in the future. Do you think we should hold off for a while?"

Han Chen said: "No need to delay, just continue to purchase at the current price."

Han Chen believes that the price of gold will become more and more expensive in the future, and slowing down will only continue to increase his acquisition costs.

The real estate bomb will explode sooner or later, and gold will then become a safe-haven asset. It is not impossible for it to rise to 1000 in the future.

Yi Donghong said: "Okay, then I will continue the acquisition according to your request."

After hanging up the phone with Yi Donghong, Han Chen checked the performance reports of each subsidiary of Shenlan Group last year.

The companies with the largest performance growth last year were Shenlan Security and Shenlan Pharmaceutical.

DeepBlue Security’s performance from its car-road-cloud business surged 4700% and its net profit reached 700 billion.

DeepBlue Pharmaceuticals’ net profit surged 450% to 830 billion yuan due to its HIV and variant vaccine business. DeepBlue Auto’s net profit rose 23% year-on-year to 5753 billion yuan.

Compared with the previous year, DeepBlue Electronics' net profit increased by 47% to RMB 4932 billion.

DeepBlue Network's net profit increased by 17% to RMB 2200 billion.

DeepBlue Foundry's net profit was RMB 2312 billion.

DeepBlue Semiconductor's net profit was 847.2 billion RMB.

The net profit of DeepBlue Network Security Co., Ltd. was 566 billion RMB.

The net profit of Magic Eye Engine is 389 billion RMB.

Beidouxing EDA's net profit was RMB 276 billion.

DeepBlue AI's net profit was 327 billion RMB.

Deep Blue Robot's net profit was 468 billion RMB.

Deep Blue Shipping's net profit was RMB 57 billion.

The total net profit of DeepBlue Group last year was RMB 19657.2 billion, an increase of nearly 80% compared to the group's total profit in the previous year.

This amount of money does not include the profits of DeepBlue Capital, because DeepBlue Capital is still doing statistics. DeepBlue Capital's profits exceed 2 trillion RMB.

In the blink of an eye, it was night.

Korean manor.

At this moment, Han Chen's family was sitting at the dinner table eating.

After finishing his meal, Han Chen put down his bowl and chopsticks and said, "I plan to set up a fund management company. I will inject 1 trillion yuan into this company. All of this money will be used for investment in financial products such as stocks, bonds, and foreign exchange. I will use all the proceeds from this fund company for charity.

I hope you can join this company, and the profits from this company will go to charity. I hope to personally participate in charity.”

Gulina asked curiously: "Husband, hasn't the company always been doing charity? Why do you need to spend money on charity again?"

Yin Ruoyue frowned and asked, "Did something happen to my husband?"

Yin Ruoyue comes from a political family, so she is very sensitive to such things. Han Chen suddenly did so many things, something must have happened.

Han Chen said: "Nothing has happened. We are just doing this to be on the safe side. It will give our family a chance to show their support. Besides, we can't spend all the money. If we put it in the bank, it will just be kept there."

After thinking about it, Yin Ruoyue said, "That's right, too much money is not a good thing."

Kong Huimin smiled and said, "Husband, don't worry, we will do as you arrange."

Han Chen said: "Yueyue has a 100 billion charity fund in her hands. I will inject all the profits of the fund company into it in the future. At that time, I will expand the charity scale of this charity fund and invest as much money as possible in the charity account.

You just need to review the information, visit the poverty-stricken areas in person when necessary, show your face when it is time, and promote your charity reputation as much as possible.

I will also ask Deep Blue Network to report your charitable activities."

Tong Jingjing smiled and said, "Hubby, we all listen to you."

The other women also expressed their support for Han Chen's decision.

May 2017, 2, China time.

Han Chen asked the finance department to transfer 10400 trillion yuan from the company account to his personal account, and also asked the finance department to withhold 5600 billion yuan in personal income tax on his behalf.

DeepBlue Group is Han Chen's sole proprietorship. Sole proprietorships do not need to pay corporate income tax, but need to pay 35% personal income tax. This time Han Chen withdrew 16000 trillion yuan in dividends, and the 35% tax is exactly 5600 billion yuan.

For so long, Han Chen has basically not used the money in the Deep Blue Group's account.

The money Han Chen spent over the years came from dividends from Aerospace Biofuel Company, Deep Blue Payment and Deep Blue Direct Recruitment.

Of course, in addition to the dividends from these two companies, Deep Blue Group also pays him a salary every month.

Even if Han Chen withdrew 1.6 trillion yuan in dividends from the company, Deep Blue Group still had more than 9000 billion yuan in cash in its account.

Deep Blue Group makes money every minute and every second, which is no different from a printing press.

After dealing with the money issue, Han Chen called Liao Xuefei to his office.

Liao Xuefei pushed the door open and came in, saying hello, "Boss Han."

Han Chen said: "Register a fund company in my name, and then let DeepBlue Direct Hire recruit relevant talents. This fund will focus on guaranteed investment, and does not need aggressive investment talents."

Liao Xuefei replied: "Okay, Mr. Han."

Han Chen said: "Okay, go and do your thing."

at the same time.

[BYD announced that due to major asset restructuring, there are major uncertainties in the restructuring. BYD will suspend trading starting today and the resumption date is expected to be two weeks later.

This reorganization is to separate the lithium battery business and sell 60% of the shares to Deep Blue Battery. In the future, the lithium battery business will be dominated by Deep Blue Battery, and BYD will only enjoy the dividends obtained from this part of the shares.

"Can anyone explain what this announcement means?"

"It means that the battery business will be sold to Deep Blue, and the controlling rights of BYD's battery factory will be given to Deep Blue. The battery business will be completely eliminated from BYD, and BYD will only enjoy the profit dividends of the foundry in the future."

“Is it good news or bad news?”

"To be honest, this is good news for BYD. BYD's battery business has been losing money. Selling the factory can help it recover some of the losses, and it can also enjoy dividends from the foundry in the future. The most important thing is that it can get on board the big ship of Deep Blue Group."

“Fuck, won’t BYD take off after it resumes trading?”

"The profit margin of the foundry is very low, and the annual dividend is not much. The resumption of trading is estimated to be only one board. You can't say it is a super positive."

"After the successful acquisition, Deep Blue's business will definitely expand, which means that the survival space of other small factories will be squeezed, and the battery industry will be dominated by Deep Blue Group in the future."

"Even big factories like BYD can't hold on any longer, so how can other factories possibly sustain it?"

"Hahaha, that's great. I'm an employee of BYD. Our factory has been reducing production for a long time. I was afraid that the company would lay off employees. Now I don't have to worry about layoffs. My salary may even increase."

"Deep Blue Group treats its employees well. Their salaries will definitely be raised, but I don't know how much."

"The biggest benefit of the Deep Blue Group is the Deep Blue Community. Deep Blue Community can provide interest-free loans, and the price is calculated based on the cost. Even if the salary remains the same, it is still very good. I heard that the second phase of Deep Blue Community is about to be launched, and the second phase of Deep Blue Community will be available all over the country." (End of this chapter)

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