Galactic Garbage Station - Chapter 874
At the same time, in the Zhao Family home, Zhao Qifeng, and Zhao Hao are also waiting for the meeting results.
“I didn’t expect the State Council to hold a meeting so soon, I’m afraid we don’t have the time to get some favorable results.” Zhao Hao said.
“That’s not necessarily true. The result of the meeting will definitely not be in Su Jing’s favor. And since Su Jing is so greedy, he may not agree to the demands of the state so easily.
At that time, someone will have to pry the tobacco seeds out of his hands. Yesterday, I asked someone to investigate this matter. I wanted to see where Su Jing secretly developed these tobacco seeds, but the person I hired found nothing.” Zhao Qifeng said.
“Is it possible that he develops them at his house?” Zhao Hao asked.
“I don’t think so. Is it possible that he could have developed and grown that tobacco by himself? And it would be bad for us if he did develop that Tabacoo in his house as it won’t be easy for anyone to steal them from his house.
Firstly, the pets in his family are said to be fierce and strong and they make entering his house very difficult;
Secondly, Wang Xuanji must have been covertly protecting his family. If anyone was caught in such a critical situation then he would be in trouble and the family that sent him would also suffer for it.” Zhao Qifeng said.
“Then we can only contact Su Jing after the State Council meeting is over.” Zhao Hao said.
At the same time, the major families in Capital City, such as Sun Family and Qian Family, are also discussing this matter, and everyone hopes to get a good share of it because everyone can foresee how huge the benefits would be.
Time seemed to pass very slowly and the executive meeting of the State Council finally ended in the afternoon.
“A’Jing, how did it go?” Wang Zhuo stepped forward to greet Su Jing as soon as he walked out.
“Looking at the smile on your face, they are not really going to let you run a tobacco company, are they?” Wang Siya asked.
“No.” Su Jing shook his head before he smiled and spoke, “It is not a direct purchase, nor would my seeds be given to a private tobacco company. However, the State Council, the Bureau of Tobacco, and the National Tobacco Corporation have reached an agreement and negotiated a third method of cooperation. Any company would have to pay me 50 Billion Yuan to buy the seeds and I would take a stake in the Tobacco Corporation. From then on, the tobacco company will implement a shareholding system, and the taxes will no longer be so high. I would get the same benefit as ordinary companies.”
“How is that possible?” Wang Zhuo’s eyes widened.
“You’re kidding, right? 50 Billion Yuan? In addition to taking a stake?” Wang Siya also couldn’t believe it.
Although it is said that this kind of tobacco is really against the norm, which not only contains unlimited business opportunities but can also directly improve the average health quality of the people in the whole country.
But they previously estimated that Su Jing would get a maximum of 10 Billion Yuan and that would be quite generous, but they did not expect it to be 50 Billion Yuan.
Moreover, the State Council has directly changed the system, they reduced the taxes they imposed on tobacco, and let Su Jing become a shareholder. What the hell is up with that?
Well, if you think about it, maybe the main reason why the tobacco industry is completely monopolized by the State and has extremely high taxes is that tobacco is harmful and must be controlled.
Now, with Su Jing’s new product, tobacco is basically harmless, and it is not impossible to turn it into a shareholding system.
As long as the State holds most of the shares, the fiscal revenue will not be low. However, to give Su Jing 50 Billion Yuan, and let him become a shareholder, is really preferential treatment, isn’t it?
“How many shares?” Wang Zhuo asked.
“Ten percent.” Su Jing said.
“How much did you say?” Wang Zhuo’s eyes almost popped out of their sockets when he heard the amount.
“Ten percent of the shares of the Tobacco Corporation?” Wang Siya also exclaimed.
“Yes.” Su Jing nodded.
“Crazy, this is crazy, how is this possible?” Both Wang Zhuo and Wang Siya were shocked to the point of madness. They were even more shocked than hearing about the 50 Billion Yuan deal.
Last year, the tax profits brought by the tobacco industry exceeded 1 Trillion Yuan. If you reduce taxes and collect taxes like ordinary companies, then most of that amount is on profits, which becomes a real profiteering industry. Su Jing holds 10% of the shares, which is about 100 Billion Yuan a year.
Moreover, this is still based on the previous data, and now it is replaced by this awesome tobacco, can the taxes and profits be the same as before?
In the past, the profits gained y the Tabacoo industry has been growing every year. Now, imagine introducing this magical tobacco on the market, how much would the profit rise?
Therefore, this 10% stake is simply a norm-breaking existence.
“How is it, have the results come out?” In the Zhao Family House, Zhao Hao is on the phone with someone and Zhao Qifeng listened to his father talk.
“It came out, but this result is so amazing that I still can’t believe it.” The voice on the other side spoke with obvious excitement.
“What’s wrong, did they allow him to do whatever he wants? Did they agree to give him private rights?” The expression on Zhao Hao’s face changed slightly.
“No, but it’s more exaggerated than that. Any company that buys Su Jing’s seeds would have to pay him 50 Billion Yuan. Moreover, the tobacco company would also have to implement a joint-stock system, and the tax is the same as that of ordinary companies. Su Jing would hold 10% of the shares.”
With a clatter, the phone fell from Zhao Hao’s grasp and fell to the ground.
Zhao Qifeng, who was listening next to him, was also completely stunned to the point that he almost turned stupid.
Sun Yuheng and other Sun Family members were dumbfounded when they heard the news.
Qian Yingzhu, Qian Jibing, Old Qian, and the others could not say a word when they heard the news.
Even Wang Xuanji was shocked beyond words when he heard the news, and he stayed that way for a long time.
The entire Capital City fell silent for some time before it exploded.