Chapter 194 - 140: 900 Million in Start-up Capital
Pei Rang glanced at the documents in his hands before looking up to venture, "Boss, we’re forecasting a need for 100 million. The companies we’ve invested in will also start generating a steady stream of income next year, and we expect to be completely self-sufficient by May or June!"
Su Chen nodded slightly, his fingers tapping a steady rhythm on the armrest of his chair. The room fell silent for a moment.
Pei Rang immediately thought he had asked for too much. ’After all, the company hasn’t generated any real revenue since its founding. Apart from the significant profits made in the stock market, the vast majority of its capital has been funneled into investments.’
’The company has only been around for a few months, yet it’s already spent three to four hundred million yuan without seeing a single return. Any other wealthy investor would be carefully reconsidering their next move.’
’If the companies we’ve invested in fail to turn a profit next year, it would mean Yunmengze Capital’s investments were a bust, and the impact on the entire company would be immense.’
Just as Pei Rang was about to say that they could manage with less, Su Chen finally spoke.
"After the new year, the company will be launching several large and very important projects. All of Yunmengze’s investment plans for the first half of the year are to be put on hold. Our entire focus will be on these projects!"
"Also... I’ll transfer nine hundred million to the company’s financial account later. Use it as startup capital for the projects after the new year!"
Hearing Su Chen’s words, Pei Rang’s jaw dropped in astonishment. It took him a good while to recover.
"B-Boss, nine hundred million in startup capital? What kind of projects are these?!" Pei Rang asked, his curiosity piqued.
’Nine hundred million! And that’s just the startup capital! One could only imagine how massive these projects must be.’
Faced with Pei Rang’s curiosity, Su Chen pondered for a moment before saying, "I can’t tell you for now. We’ll talk about it after the new year!"
Hearing this, Pei Rang nodded, indicating he understood, and didn’t press the matter further.
’If the boss said so, he must have his reasons.’
Su Chen didn’t tell him because these projects were simply too world-shaking: nanometer-scale chips, ultra-high-end CNC machines, and water resource purification technology. Any one of these projects alone would be enough to shock the world.
’Especially the nanometer-scale chip technology. I’ve already planned it out. I’ll start with 10-nanometer research first. As for the other nodes, we can tackle them slowly later on.’
’As for researching 3-nanometer chips directly, I haven’t even considered it. With the country’s current technology, who knows how many years that would take. It’s better to start at 10-nanometer and cultivate a pool of technical talent in the process, preparing them for future advancements.’
"So, about the annual party, you can go all out now, can’t you?" Su Chen said, looking at Pei Rang with a teasing expression.
Pei Rang smiled and nodded. "I can certainly go all out, but I wonder how much of a budget the boss is giving us for the annual party!"
Su Chen was about to speak, but then he remembered Zong Xinyao coming to see him when he got back. He asked tentatively, "Didn’t Zong Xinyao mention it to you?"
"Huh? What would Zong Xinyao tell me? Hasn’t she been busy with the food and beverage business? The last time she called was to poach my people!"
Pei Rang was still a little angry about this. That group of people were Yunmengze’s mid-level management talent, and Zong Xinyao had just poached them wholesale, forcing him to recruit a bunch of new people.
Su Chen had a look of understanding. Zong Xinyao’s sob story earlier was just to get him to agree to her company’s annual party. Since the matter was settled, there was nothing more for him to say.
Pei Rang noticed the slight change in Su Chen’s expression and asked doubtfully, "Boss, you weren’t... tricked by Zong Xinyao, were you?"
"Oh, I was tricked, alright. She used your name to apply for her company’s annual party."
"Annual party? The company she’s managing has only been open for about a month, what kind of annual party are they having?! And she used my name? Boss, what happened?!"
Su Chen didn’t hide anything and told him what had transpired.
After listening, Pei Rang was livid. Not only was he made the scapegoat, but she had also wheedled ten million in party funds out of Su Chen...
At this thought, Pei Rang looked at Su Chen with puppy-dog eyes. "Boss, you can’t show favoritism! Yunmengze is your real baby!"
Looking at Pei Rang’s pitiful expression, Su Chen couldn’t help but shudder. "Alright, alright, I’ll give you ten million for your budget too. That should be enough, right?"
"Of course it is! Thank you, Boss!" Pei Rang said, standing up excitedly.
Su Chen waved his hand calmly. "Since it’s an annual party, make it a grand one. We can’t have our employees thinking Yunmengze is broke!"
"Forget about that two-thousand, five-thousand stuff you mentioned before. Let’s start the prizes at fifty thousand. First prize will be five hundred thousand!"
Pei Rang calculated in his head. ’If the third prize is fifty thousand, we can have ten winners. That’s half a million.’
’Second prize, two hundred thousand, with five winners. That’s another million.’
’As for the five hundred thousand first prize, we could have three winners, which comes to one and a half million.’
’In total, that’s only three million. Plus some consolation prizes, various bonus rewards, and New Year’s gift packages... the ten-million budget is more than enough!’
A glint appeared in Pei Rang’s eyes as he said with a smile, "Boss, how about we add a grand mystery prize? And you can be the one to arrange it?"
"A grand mystery prize?" Su Chen’s interest was piqued. He agreed with a nod without a second thought.
"Sure~ I’ll arrange the grand prize! Maybe I can even get a few celebrities to come to the party and liven things up!"