Chapter 208 - Family Meeting (Part Ten)
Translator: Atlas Studios Editor: Atlas Studios
“Xiaoyi.” Old Elder finally felt refreshed after gaining back his breath. He sat before the conference table and smiled till his eyes were squinted. “What more is left? Continue with the report. Looks like that child Dali wants to give us few old people a surprise.”
“Alright, Old Elder.” Ling Xiaoyi nodded her head and continued to report. “Young Master has a ten percent share from his 3.8 million investment in Might Beverages, and currently, the monthly profits return amounts to 350,000 yuan. The capital investment can be fully recouped one year later.”
This news was still considered rather inadequate. Thus, there was, alas, silence below.
Ling Xiaoyi continued, “The jade Ruyi worth 400,000 yuan which was purchased previously is currently being used as his Samoyed pet dog, Xiao Xiao’s toy.”
The descendants below dared not laugh this time. Suppose there was something in that jade Ruyi? An ultimate Kungfu Manual?
“What use does this jade Ruyi have?” Hong Tu was curious as well.
“None.” Ling Xiaoyi replied. “It’s just an ordinary toy, but the Samoyed pet dog Xiao Xiao seems to like it very much.”
“Pft.” Some descendants below couldn’t help but laugh out loud.
Ling Xiaoyi ignored them and continued reporting. “1.2 million spent on purchasing a pair of dark gold earrings as a gift to Miss Li Nianwei.”
Upon hearing that, everyone said, “oh-oh” in unison, and Hong Anbao below stage pressed his lips as he muttered. “That Hong Dali surprisingly knows how to do favors.”
Afterward, he regretted. As Ling Xiaoyi revealed all his doings entirely. “Oh right, back then, Young Master Hong Anbao even spent 2.6 million to auction for an Iron Executioner sword forged by the most famous blacksmith of Heavenly State, Ruan Chengzhi.”
Those descendants around could no longer stand it and burst out laughing.
That was the truth, and it was undeniable. Hong Anbao was close to hiding under the table to hide his face…
After outsmarting Hong Anbao, Ling Xiaoyi continued, “Lastly, Young Master has spent two million to purchase a set of Virtual Reality Projection technology.”
Upon hearing that, Hong Tu asked, “Xiaoyi, had this set of Virtual Reality Projection technology produced any return?”
“Yes.” Ling Xiaoyi smiled and said, “Through this set of system, Young Master has built a good friendship with Miss Lin Chuyin.”
The descendants below immediately became curious. “Two million to establish a friendship with that woman? That’s counted as an investment too?” “That’s right, this isn’t counted as any kind of return, right? It’s better to put it as chasing after girls.”
Actually, it was understandable that they didn’t understand. After all, only those who were truly members of the higher society within Tianjing City knew who Lin Chuyin was exactly.
Hong Tu knew it, for one. At this point, he was truly stunned. “What you’ve just said, is it Lin Chuyin from the Lin Family? That…” Speaking up to this point, he didn’t say anything more and only smiled with satisfaction. “This transaction is really worthwhile. Not bad, not bad.”
As the saying goes, “curiosity killed the cat.” Upon hearing Old Elder Hong Tu’s words, those people below instantly couldn’t sit still, as they asked one another, and those who were from foreign places were all the more anxious as they didn’t understand as well. Eventually, there was still quite a number of local descendants of Tianjing City who understood it, and thus, information related to Lin Chuyin was leaked out.
Afterward, everyone present was stunned.
A technological geek with an intelligence quotient above 180, self-created a rocket which broke through the atmosphere, an extremely cool super sports car, as well as… a human-like living thing without feelings, and the most important point was that she even received national protection…
Any of those few pieces of information mentioned was enough to shock someone badly, and by then, everyone finally truly understood what Hong Tu meant by saying that “This transaction is really worthwhile.”
“That’s cheating, cheating!” Hong Anbao was on the verge of crying. “Why is he so lucky…”
Speaking of which, he was indeed rather unlucky. Might Beverage had recently put huge pressure upon his Fierce Bull Beverage, and now that he had suffered so many blows consecutively, nobody would have been able to stand that.
Even the current Number One, Mu Yuxi, as well as Hong Anjin, the current Number Two, couldn’t help but smile bitterly.
Who would have thought that that prodigal who had never been thought highly of by anyone would suddenly appear out of nowhere, scaring them till their faces turned pale?
Moreover, what made them especially depressed was how that big prodigal Hong Dali had only wanted to squander money from the start.
Just then, Ling Xiaoyi finally revealed her demonic fangs. “In addition, Young Master actually started these projects solely to squander money.”
“Oh, my heart…” “This… Can anyone still live like this…”
Upon hearing Ling Xiaoyi’s words, quite a number of descendants below instantly collapsed onto their seats and almost vomited blood out of depression.
Other people painstakingly spend a yuan as if it were 10 yuan, and they would be overjoyed when finally managing to save some money. But this Hong Dali, all he did every day was just squander and waste money. Yet somehow, he managed to receive such huge benefits without knowing about it. How was it possible for others to continue living? Could they even get along with each other happily?
Though it was disadvantageous to compare with others, it was still too unreasonable to attack others like that!
Hong Dali, on the other hand, was still sleeping. “Hu… Hu…”
However, the problem was that, though they were still not done with discussing it, Ling Xiaoyi obviously still had many more things to report. “Old Elder, may I continue?”
“Yes, yes, continue speaking.” Hong Tu, too, felt that the amount of information today was a bit too much. However, he maintained his smile and said, “I’m now very curious about just what more things that child Dali will greatly surprise us with. Umm, just make sure to speak… slower…”
“Okay.” Ling Xiaoyi continued. “Young Master is currently investing in the movie ‘The Heaven Sword and Dragon Sabre: Pugilistic World’. We predict it to be worth five million. Currently, it enjoys a rather high level of popularity on the Internet. Thus, we believe that all the initial capital investments will be recouped through the box office earnings, and there will still be more profits to come.
“In the outer area of Tianjing Mountain, Young Master has invested in a school, and at the same time, constructed a private laboratory for Miss Lin Chuyin. It’s currently still undergoing construction, and the calculation of the exact bill has not been completed yet.”
Those few pieces of information were still acceptable. After all, there was still no actual earnings from it yet. Thus, everyone could still accept it, though reluctantly. However, from what they heard about ongoing constructions of a laboratory for Lin Chuyin, everyone knew, too, that the prospects of it would definitely not be too bad.
Hong Tu nodded and said, “Ok, I’ve never thought that he even invested in a school, is he planning to recruit students?”
“No,” Ling Xiaoyi reported as a matter of fact and said, “Young Master is planning to recruit needy students who are unable to afford education. For now, its goal is not to earn profits.”
“Oh?” Hong Tu roared with laughter. “Seems like that child Dali does have a mind of his own, that’s a pretty good idea, not bad. Continue, then.”
“Alright.” Ling Xiaoyi continued reporting. “Young Master held the program I Am a Singer. He has invested in four episodes at the moment, totaling up to 6.2 million, and actual earnings amount a box office earning of 6.4 million. Tianjing Satellite TV has purchased the broadcasting rights of every episode at one million. Merika purchased the hosting rights of I Am a Singer with four million USD. According to the Young Master, I Am a Singer will have a total of ten episodes. According to current statistics, a safe estimate of the capitalized cost will be around ten million, with 30 million worth of box office earnings, ten million worth of television broadcasting rights, 15 million worth of Internet broadcasting rights, as well as four million USD worth of authorization.”
After Ling Xiaoyi had spoken up to this point, the entire room plunged into dead silence.
After a short while of silence, the atmosphere below seethed with excitement!
“Fifty-five million worth of return with ten million worth of investment! Oh my god!”
“The rate of return is 550%! Truly horrifying! No one at the moment seems to have achieved that kind of return, right?”
All the descendants below couldn’t help but swallow their saliva.
A mere investment of ten million could bring about 55 million worth of earnings, with still four million USD to spare—he could only be described as a demon!
Moreover, up to this level, it was almost impossible to achieve such a high-profit rate! The larger the amount of primary capital, the harder it was to increase the profit rate! Even Mu Yuxi, who was known as the Number One genius of the family, could only attain a profit rate close to 90%!
Hong Dali, on the other hand, had actually managed that! That could literally be described as a miracle!
However, Ling Xiaoyi did not seem to be finished with what she had to say. She smiled and continued, “These are the earnings from the copyrights. There are also earnings from the actors. For the I Am a Singer this time, Young Master has signed a contract with eight singers: Chu Zhongqin, Jiang Ruoyu, Chang Gongyan, and so on. Currently, the company has earned approximately 16 million from their total commercial fees earned, and we believe that there will be more to come in the future.”
This time, everyone was too exhausted to exclaim in surprise.
Hong Dali, on the other hand, continued to sleep. “Hu… Hu…”
However, this time, there was already nobody left to make fun of him.
“I knew it, I knew exactly that this would be the case!” Hong Anbao clenched his fists until he almost crushed them as he gritted his teeth. “Dali, that rascal, why, why does he have to go against me like that, why!
“But fortunately, these are only the projects that he has earned money from! His true weakness lies in those pieces of land! Those pieces of land with huge investments in them!
“So what if these small projects can bring in money? Compared to those pieces of land, these can only be seen as peanuts! Peanuts! You just wait, I’ll definitely not let you snatch my third position in the family!”
It was understandable for Hong Anbao to hate Hong Dali to this extent.
He was already an easily jealous person from the start. Thus, he had all along been jealous of Dali’s good family background and how favored he was by his family. Now that Dali even wanted to snatch his position away, how could he not be anxious?
A hundred million for the first in place, 80 million for the second in place, 50 million for the third in place. After the third in place, there was only 20 million of startup capital left.
The gap was extremely huge!
Had it been another person, things may have been better, but Hong Anbao’s current position was absolutely awkward.
Without Hong Dali, he would come in third place.
However, if Hong Dali were to continue making things worse, not to mention Mu Yuxi and Hong Anjins’ placings, his third placing would be gone for sure!
Fifty million and 20 million, the huge size gap in-between was truly unacceptable for him.
“Good, good!” Hong Tu roared with laughter as he sat in front of the platform. “That child Dali has talent, he has talent! In that case, are there any more things to report, Miss Xiaoyi?”