Winning the new financial era

Chapter 391 Yida System

The fact that Huimin Traveling was sold to Didi was even more popular than that of Baimo bicycles sold to the magnesium group in his previous life.

In his previous life, Baimo Bicycle made the decision to sell himself because of internal and external difficulties.

Outside, there are crazy money-burning competition from small yellow cars, and inside, there are many factors such as failure of internationalization, difficulty in profitability, debt pressure, and deposit holes.

Huimin travel is different, occupying more than 80% of the domestic bike-sharing market, with 6.5 million US dollars in cash on the account, and Zhang Yida, the powerful founder of the company...

With a good hand, why did you sell the company out of nowhere?

The self-media are puzzled and have to talk about excessive free fees, depreciation of bicycles, difficulty in making profits, and so on.

For users, whether it is called "Huimin Bike" or "Didi Bike", they don't care, as long as they can continue to ride for free.

But Chen Wei is not a philanthropist, so how can he let users get what they want.

A few days after the announcement of the acquisition of Huimin Travel, the acquisition of Hellobike was announced again.

For a time, Didi was in full swing in the Internet industry.

Everyone is discussing, in this age of thousands of years, who is most likely to take the third place in the Internet?
In the past, some people said that Ruixiang and Meituan had a chance, but now most people have changed their minds, saying that Didi has the best chance.

Zhang Yida obeyed the arrangement of the public relations team, declined all media interviews during this period, and tried his best to downplay the possible adverse effects of selling the company.

Selling a company is commonplace in Europe and the United States; but our country values ​​results more, and selling a company means that your business has failed.

In addition to Huimin Travel, Zhang Yida also has companies such as Ruixiang, Zhonghe Group, Pet Holding Group and so on.

Employee morale and user confidence of these companies need to be maintained, so under the suggestion of the public relations team, Zhang Yida disclosed the transaction details of Huimin Travel to the media.

"Cash out tens of billions at the age of 22, your peers are abandoning you"

"In Two and a Half Years, He Made Nearly $20 Billion"

"The most powerful post-95s, the history of self-made family"

……

Articles like this blasted the Internet, drawing people's attention to how much money Zhang Yida made.

Earning 20 billion US dollars, if it is considered a business failure, then most of the bosses of listed companies will faint in the toilet.

The market value is not that high, let alone personal wealth, or even cash.

Such a large equity transaction of Huimin Travel can be said to have attracted the attention of the whole people.

So don't think about any tax avoidance operations. Zhang Yida took the initiative to pay 20% personal income tax to the relevant departments.

The tax payable is equal to the equity transfer income minus the initial investment, minus reasonable expenses.

Reasonable expenses refer to relevant taxes and fees paid in accordance with regulations during equity transfer, such as stamp duty, asset appraisal fees, intermediary service fees, etc.

The initial investment of Huimin Bicycle was more than 1000 million RMB, so no matter how you calculate it, Zhang Yida’s taxable income is more than 126 billion RMB.

In addition, charitable donations can be deducted from taxable income, but the proportion cannot exceed 30%.

That is to say, if the donation exceeds 37.8 billion yuan, the taxable income will not be reduced or exempted.

Zhang Yida donated 10 billion yuan to the "Zhang Yida Public Welfare Foundation" established by himself.

Therefore, the tax payable has become 116 billion, and the personal income tax of 23.2 billion yuan has been paid once again.

The donation of 10 billion yuan and the tax payment of 23.2 billion yuan have caused a great sensation on the Internet.

Suppressed the limelight of the sale of Huimin's trip.

Not to mention donations, it is very rare for individuals to pay such a high tax.

Most of the domestic personal tax is contributed by the working class, while the rich avoid tax by "getting a salary of one yuan, and relying on the company for all living expenses".

According to data released by the state in January, the national individual tax revenue in 1 was 2016 billion yuan, a year-on-year increase of 10089%.It is also the first time that my country's individual tax revenue has exceeded the trillion mark.

The personal income tax of 23.2 billion yuan paid by Zhang Yida would account for 0.23% of the total national personal income tax last year.

Economist Ma Guangyuan once said that under my country’s tax system, the rich who account for more than half of the social wealth pay less than 10% of their personal income tax in personal income tax, and 60% of their personal income tax is contributed by hard-working wage earners. of.

As a result, a wonderful tax structure with the poor as the main taxpayer has been formed.

Therefore, in recent years, the voice of reforming the tax system has become louder and louder.

Therefore, Zhang Yida's tax payment is very conspicuous, and it is easy to attract people's hatred.

But Zhang Yida is not afraid of these things. Is it wrong for me to pay taxes upright?

For the rich, the greatest patriotism is to pay taxes to the country, the more they pay, the more patriotic they are.

The rich in the United States are more patriotic because they pay more taxes.Maybe many people are forced, but it's fine to get used to it.

There is an American proverb: "Only death and tax payment are eternal in this world."

It can be seen from this sentence that paying taxes is unforgettable in the hearts of Americans.

The IRS of the US Internal Revenue Service is known as "the most feared government department in the United States", and its power even exceeds that of the Department of Defense and the CIA.

Unlike the Chinese, who have almost no connection with the taxation department, personal income tax is almost withheld, and the taxation department is actually invisible.

But in the United States, the tax department is always with you, sticking to your body like snot. It is no exaggeration to say that you have to pay taxes for drug trafficking in the United States!
Under normal circumstances, drug dealers do not declare taxes.

But if they know they are going to be arrested, the first thing they think of is paying taxes.

Because if you don’t pay taxes, you will not only be convicted of a criminal offense, but you will also be charged with additional tax evasion charges.

If you are convicted of tax evasion, then I'm sorry, and if you get out of prison, you may really have nothing.

……

Zhang Yida hosted a banquet at home for the Huimin travel management headed by Huang Xiaofeng.

"How can the handover with Didi end?" Zhang Yida asked.

"Soon, probably in two or three months!"

Huang Xiaofeng said with a smile, "We are not a technology company with advanced technology, so Didi doesn't need to bind us."

"As for Didi, I'm afraid we wish we could leave sooner. Now we have a position, but we can't interfere with anything."

Some executives complained, "Didi doesn't trust us at all, and our daily task is to "lead students".

When the executives sent by Didi have been taught, we should also be kicked out. "

Huang Xiaofeng said with displeasure, "What are you talking about, why do people trust you?"

Zhang Yida waved his hand to indicate that it was all right.

"I invite everyone to come here today, everyone should communicate as friends, and there should be no distinction between superiors and subordinates.

Besides, I am not your superior anymore. "

"Mr. Zhang, is Ruixiang or Zhonghe Group still recruiting? Although we may not be familiar with related businesses, we can start from a low level."

Zhang Yida nodded, "I know everyone's abilities, and today I just want to ask about your future plans.

If you are willing to go out and start a business, you can join Ruixiang or Zhonghe Group, Ruixin Group, Yimin Wangjin, Pet Holding Group...etc. "

Zhang Yida has dealt with these executives for two and a half years, and he has a steelyard in his mind about whether he has the ability or not.

Zhang Yida never has too much talent.

Didi didn't need these people, and he just took it over and digested it.

Except for Huang Xiaofeng, among the eight executives present, except for two who expressed their desire to go out and start a business, the others expressed their willingness to join other companies under Zhang Yida.

Some people are interested in Ruixiang, some people are interested in Zhonghe Group, and all six expressed their respective intentions.

"Old Huang, what about you? Now that you are a billionaire, do you want to start a business?"

Zhang Yida turned to look at Huang Xiaofeng and asked with a smile.

Huang Xiaofeng owns 0.263% of the shares and 0.7% of the options that Huimin travel rewarded him for winning the gambling.

When Huimin Travel was acquired, he and other employees of the company exercised their options in advance, converting the options into equity.

This is also a favorable condition that Zhang Yida actively communicated with Didi to win for them, and it is worthwhile for them to accompany him to start a business.

Taking Huang Xiaofeng as an example, he bought a 2100% stake in Huimin Travel for US$0.7 million, and sold it to Didi or other shareholders for a net profit of US$2100 million.

The 0.263% stake he held himself sold for $1578 million.

Adding up the two incomes, the pre-tax income has reached 3678 million U.S. dollars, and the after-tax income is nearly 3000 million U.S. dollars, which is more than 2 million yuan in RMB.

Several other senior executives did not get as much as Huang Xiaofeng, but they also received equity transfer funds ranging from several million to tens of millions of RMB.

Therefore, these executives are very willing to work with Zhang Yida, because they all know that he is a kind boss.

Even the two executives who were going to start a business said that angel investors would definitely consider Mr. Zhang first.

At that time, Zhang Yida laughed and scolded, "You guys are so beautiful, I won't vote randomly if I don't get some outstanding results.

Because I have never missed an investment, the golden body cannot be broken. "

That being said, these executives go out and start businesses.As long as the things produced are decent, Zhang Yida will invest a fortune.

Ali and Penguin have this kind of culture, and Lei Jun also likes to support his little brothers.

Zhang Yida is definitely willing to support his old subordinates. After all, he has been with him for nearly three years, and he understands people and abilities.

In addition to Huimin Travel, Zhang Yida's other companies have middle and senior managers who resigned to start businesses. He will invest in a reasonable project.

He also wanted to see if he could replicate Lei Jun's old path and create a "Zhang Yida system" in the venture capital market.

Needless to say, the possibility is quite high.

If Charles Zhang had understood this trick back then, he would not be depressed anymore.

Sohu has the reputation of the Whampoa Military Academy of the Internet. It has walked out of the founder of Youku.com, Yongqiang Koo, the founder of iQiyi, Gong Yu, the founder of Miaopai, Xiaokaxiu, Yizhibo, Han Kun, the founder of Ku6.com, Li Shanyou, and the chairman of Renren. Chen Yizhou, Zhihu co-founder Huang Jixin and a large number of well-known entrepreneurs.

The more people come from big factories, the higher the probability of entrepreneurial success.

First of all, the recruitment threshold is high, and secondly, I have established various contacts in large factories and learned various top skills in various industries.

Taking these things out to start a business is naturally more popular with investors.

"I have been a professional manager for 17 years. Maybe I will find a place and give myself half a year's leave before considering the next step."

Zhang Yida patted him on the shoulder and said, "Thank you!"

Huang Xiaofeng smiled, saying nothing.

Zhang Yida is used to being a hands-off shopkeeper. Except for the early stage of starting a business, Huang Xiaofeng is responsible for following up and executing most of the other things.

365 days a year, at least 300 days of overtime until late at night.

Otherwise, in two and a half years, Huimin Travel will not grow to the current scale.

"Will Green go?"

(End of this chapter)