[Chaoqun Group] Other businesses are also exaggerated.
For example, the [Audition] project, which provides services for e-commerce and physical clothing stores, is currently developing into personal image and 3D structure construction, and it is developing very well.
Coupled with the bald eagle's obedience, the [Audition] project can be fully promoted overseas again, resulting in an explosion of revenue.
Also experiencing explosive revenue is the Internet service projects of [Chaoqun Group].
Including [Intelligent Butler], [AI Painting], etc.
Bald Eagle can no longer stop or restrict [Chaoqun Group] from going out to sea to make money.
[Chaoqun Group] has internally estimated that this month’s related business, revenue and profit will be 2 to 3 times that of the same period, and there is still a lot of room for growth.
The last few months of 2022 will be the months when [Chaoqun Group]’s performance will explode.
Relevant international institutions have even raised their economic growth forecasts for Rabbit.
They believe that the performance improvement of [Chaoqun Group] will bring an additional single-digit economic growth rate to Rabbit.
This judgment by relevant international agencies is completely justified.
Even Wu Siyuan was a little shocked after taking a look at [Chaoqun Group]'s current wealth.
Currently, [Chaoqun Group]’s monthly operating cash flow exceeds 500 billion yuan, and it is predicted that this figure will be even more exaggerated in the future.
The operating cash flow for the entire year will be an astronomical figure.
In financial accounting, operating cash flow refers to the remaining cash flow after deducting the costs related to long-term investment and investment in securities from the profits obtained by the company from operating activities.
[Chaoqun Group]’s cash flow is too high. Whether it is operating cash flow or free cash flow, it is still growing with [Chaoqun Group]’s business development.
Today, [Chaoqun Group] has nearly 5 trillion yuan in funds in the accounts of major domestic banks.
The entire group is almost debt-free.
Five trillion yuan.
You know, with the power of a rabbit country, the foreign exchange reserves at this time are only 4 trillion US dollars.
(The actual situation is 3 trillion U.S. dollars, because of the existence of [Super Group], an increase of 1 trillion U.S. dollars.)
At the current exchange rate, converted into RMB, it is 256 trillion yuan.
(The exchange rate has also changed significantly due to the existence of [Super Group].)
([Chaoqun Group] A trust enterprise of this size has affected the entire country and even the world in all aspects.)
A large part of this is the profit Wu Siyuan made from using meteorological weapons to hunt bald eagles. At that time, it was 3.5 trillion yuan.
Later, some people from China came to ask for investment.
Wu Siyuan has not invested in Yangcheng's "Unmanned City" project for the time being.
However, [Chaoqun Group] has invested 530 billion yuan in canal planning investment at the national strategic level.
At that time, there were still 3 trillion yuan left untouched.
Unexpectedly, not long after that, the bank account of [Chaoqun Group] has rapidly increased to 5 trillion yuan.
This kind of money-making speed is so exaggerated that it makes people scared.
What’s even more shocking is that this five trillion yuan is not the end, it is just a starting point.
"We can't let this money continue to lie in the account!" Wu Siyuan said in his heart.
The money is getting more and more, and the more you spend, the more you spend, just like Wang Duoyu’s one billion yuan.
However, no one is paying attention to Wang Duoyu’s one billion yuan.
As for [Chaoqun Group]’s trillions of yuan, it makes people jealous, but also makes them murderous.
Just like Shen Wansan of the Ming Dynasty, holding a "treasure plate" in his hand, Zhu Yuanzhang's suspicion will always be indispensable.
With Wu Siyuan's current strength, he certainly doesn't care about these external threats.
However, he also has weaknesses.
For him, changing the world and gaining influence are his top priorities.
All other things can make way for this matter.
Money is just an external possession!
Not to mention money, Wu Siyuan now feels that he can even share the equity interests of [Chaoqun Group].
As long as he can continue to gain influence and energy, he doesn't care about anything else.
Although [Super Group] is very good, it is a real [Treasure Tray]!
But Wu Siyuan has already focused on making things happen on another road, so the importance of [Chaoqun Group] has been reduced a lot.
Wu Siyuan has actually made a decision in his mind.
But before that, he had better spend the money first.
In fact, there are still many places in the country that are short of money.
For example, your province’s debt is exaggerated, reaching trillions of yuan.
This money, given your ability, is no longer able to be repaid.
But for [Chaoqun Group], it is only one-fifth of the funds on the account. Even if it is all paid back to you, it is still a very easy thing.
But [Chaoqun Group] cannot do this.
Wu Siyuan would not do this either!
How did your province’s trillions in debt come from?
Infrastructure construction is a large expenditure, and it is also a necessary expenditure.
But there are also a lot of expenses that are unnecessary and very wasteful.
For example, a poor county in your province spent 40 billion yuan to build the "No. 1 Water Department Building in the World", which is also a well-known unfinished building.
Not only did it not achieve the desired effect, it actually dragged the entire county into a deeper abyss.
You know, this poor county's annual fiscal revenue is only one billion yuan.
That’s too far!
If I continue this, I will block another chapter.
Let’s get back to it.
[Chaoqun Group] How to use these five trillion yuan.
In fact, Wu Siyuan had already thought about it.
That is - buying land!
Massive!
Huge range!
Buy land all over the country!!!
Buying land actually involves local land revenue issues.
"Land revenue" refers to local governments relying on the transfer of land use rights to maintain local expenditures. It is government fund revenue and accounts for about 90% of local government fund revenue. After the tax-sharing system reform in 1994, there is no need to turn it over.
Above, land transfer revenue has become one of the important sources of local government revenue.
In 2000, the national land transfer fee was 59.5 billion yuan;
In 2005, this number increased to 588.4 billion;
It increased to 2.75 trillion in 2010; it increased to 8.4 trillion in 2020.
However, as we enter 2022, due to the combined effects of factors such as weakening expectations for rising housing prices and pessimistic expectations for residents’ income, the enthusiasm of real estate companies to acquire land is at a low level, and the annual land transfer revenue has dropped significantly.
Among them, many are acquired by urban investment funds, which is what you know.
Many urban investment projects take land, but they don't actually develop it. They just leave it there. They just help the local government get funds from banks.
These money are all debts that need to be repaid.
But if [Chaoqun Group] buys land, it will be different.