Siheyuan: Xu Damao corrects his evil ways

When Xu Damao announced in front of the news media that Xia M would serve as the chairman of the charity fund, there was no commotion at the scene.

After all, after three days of research and analysis, the media has basically confirmed that Xia M is going to join the charity fund.

The only difference is the location.

But the media still asked some questions in a flattering manner. For example, Xia M had never had any experience in managing such a fund, so how could Xu Damao be confident in letting her take charge?

They were all minor issues, and Xu Damao and Xia M dealt with them casually.

From now on, Xu Damao has completed his territory.

He can let go of the things he once stole, return them to society, and then concentrate on doing his own thing.

Xu Damao's way of playing is more like changing the cage and replacing the bird.

That is to say, the basic processing industry is continuously transferred to the inland areas.

Basically, two years is a period of upgrading, and two years is the time to make up for the last investment.

Those obsolete production capacities have been transferred out, whether by transferring or buying land to build factories, they are eventually moving slowly to the inland areas.

Three years later, the first theme park was built in Hong Kong Island. The Hui Family Charity Foundation invested part of the funds and the comic copyright to hold a 30% stake.

The rest of the shares were all divided up among the wealthy families. The HUO family took the lead in donating all the proceeds from the amusement park, and the wealthy families followed suit.

It seems that everyone is losing money, but the supporting facilities and real estate built along with the amusement park make everyone earn a lot of money.

For example, wealthy families are willing to do things that can both gain fame and make money.

Xu Damao's career in recent years has not been like that of other businessmen, who have made progress year by year and earned hundreds of millions or even billions of dollars. Instead, he has been doing the thankless support work.

Xu Damao provided technology, machines, mature managers and technicians, and established several large factories with tens of thousands of employees near the Yangtze River Delta.

Moreover, Xu Damao only held a small portion of the shares and formed a board of directors. The vast majority of shares were managed by a trade union, and dividends were distributed in proportion to the contributions and positions of managers and workers.

Of course, Xu Damao’s veto power will definitely be retained.

After a senior official visited Xu Damao, he commented that he was a model of common prosperity.

Except for the R&D investment of 5% of the revenue which is unshakable, Xu Damao has never used his veto power on other matters.

That is why, although the companies under Xu Damao started out similarly to other factories, or even had more difficulties in the early stages, after three to five years of persistence, the companies under his control have been completely transformed, and several of them have their own brands. From the original OEM industry, they have become product manufacturers and exported abroad, competing with foreign brands for the market.

Xu Damao called this his second venture.

And this is not Xu Damao’s own business, but a joint venture of tens of thousands of people under his company.

Automatic overtime may be a joke in other factories, but it is a normal operation in Xu Damao's company.

It’s simple, the company gave too much.

In the entire Yangtze River Delta region, when the average salary was still over 100 and less than 200 yuan, a large number of people with annual incomes of over 100,000 yuan appeared in Xu Damao's companies.

After making his investment back, Xu Damao took out half of his annual income from these companies and used it to set up start-up funds to encourage managers and workers in his factory to start their own businesses.

Many people say that Xu Damao is stupid, but only Xu Damao himself knows that with his own abilities, he is already unable to manage the current situation.

What's more, technological research and development and innovation are all accidental.

Even if Xu Damao has identified a certain direction and spends a lot of money, he just can't succeed.

In this case, it would be better to release those people with ideas, give them funds, and let them start their own businesses.

If you fail, you will just lose a little investment.

If successful, the rewards will be hundreds, thousands, or even millions of times greater.

Even if only one out of a hundred companies survives, Xu Damao will still make money.

But in fact, these days, people who are willing to give up their well-paid jobs and start their own businesses are all very capable.

Moreover, the current market gap rate is very high. Unless you are too ambitious but lack the skills, you will rarely fail.

At most, it’s just a matter of earning more or less.

The key is to gain reputation.

Apart from anything else, during this period of time, no matter where Xu Damao went or what important people he met, he always occupied a relatively central position.

And no matter where you invest, it will be a green light all the way.

This is the effect of a good reputation.

Not to mention outsiders, even Lou Xiao'e and the others couldn't understand what Xu Damao was doing.

Every businessman is working hard to make money for his family. But there is no one like Xu Damao, whose biggest worry every year is that he makes too much money.

According to Yu Shui, Xu Damao had gone crazy and wanted to starve them all to death.

Of course, Xu Damao was not used to the rain, so he pressed the rain on his legs and slapped them hard a few times.

He Yushui rubbed his butt and hid behind Lou Xiao'e in a sneaky manner.

At this time, Xu Damao called Xu Shengli, who was playing with his younger brothers and sisters outside, in.

He asked the adult Xu Shengli, "Son, explain to your Aunt Yushui what your father is doing."

After graduating from university, Xu Shengli has been working as an assistant to Xu Damao and knows everything about Xu Damao's operations.

Xu Shengli said: "Dad's investment return rate in the past few years has been as high as 800%. Among the factories he invested in, one or two out of ten have become the leaders in the local industry.

There are four or five companies that are barely operating but making a profit. The size of our angel investment fund has more than quintupled compared to the initial stage, not counting the cashing out of our shares in those factories.”

"Why does it get more the more money you spend?" Yu Shui said in surprise.

Xu Damao said with a smile: "Now you are not worried that I will starve you to thinness, right? Starving yourself to thinness? Look at you now that you are so fat that you can break my waist. Ahem..."

When Xu Damao said this, he remembered that his son was still around, and he hurriedly coughed awkwardly to cover up the embarrassment of saying the wrong thing.

Xu Damao said seriously: "You should know that your husband, I am not actually smart, I just took a step ahead of others.

You see, Hong Kong already has those big cell phones, that kind of high-tech stuff, I can’t even find the direction to research it.

If our family continues like this, at best we can be content with a small fortune.

But there are talented people in this society. All they need is an opportunity.

For example, I invested 200,000 yuan in a home game console company two years ago, and later invested another 500,000 yuan. Now they have produced a finished product.

It will be launched on the market soon.”

At this point, Xu Damao turned to Xu Shengli and said, "Shengli, follow up with that Xiaobawang company and ask them not to save a penny on patent registration. If they don't have money, our Xu family can lend it to them in our private name."

Xu Shengli nodded and went out to make a phone call.

Xu Damao added: “Humans are not omnipotent. If we can’t think of something ourselves, let smart people think of it.

We only invested more than one hundred thousand or two hundred thousand at the beginning. If we fail, it will just be like our family buying one less car and eating one less seafood meal.

We have strict secondary investment review in this regard, which depends on whether the R&D direction of the entrepreneurs fills the gap in society and is practical, and whether the companies have R&D capabilities.

This is what our family should take care of.

An auditing agency like this is the most important department in our Xu family.

There is also finance. As long as we do these two things well, there are so many smart people in society. It is better to let those smart people make money for our Xu family than to know nothing and take risks ourselves.

Besides, what do you think will happen to you when you return to the city now that our family has done this?"

He Yushui couldn't help but laugh when he heard this and said, "The last time I went back, the scene made me not know what to say.

There were even primary school students who gave me flowers.

I’ve only seen it on TV before. Goose goose goose~~~~”

Lou Xiao'e also said: "The Sijiucheng Organizing Committee has sent you an invitation letter, inviting you to come back to Sijiucheng for a visit."

Xu Damao smiled and said, “Our family must support such a major event.

Mr. HUO donated 100 million yuan, and our family cannot fall behind.

Inform the subordinate factories that our own major events must have the participation of the entire nation.

Our Xu family donated 50 million yuan, and other managers and workers are willing to donate voluntarily.

I can’t go there empty-handed.”

Lou Xiao'e nodded. Even if the Xu family had been making more money over the years, the income from the several factories that they had bought in the southern town had not been touched and was considered the Xu family's private property.

Basically, all the expenses for setting up the household business and household expenses are paid from it.

Now those factories are all operated by CNC.

For example, for some high-tech products out there, the Xu family always gets some orders.

For example, mobile phone accessories, as well as various TV and game console industries for daily life.

Xu's factory has won many orders with its high quality and low prices.

Because they are all high-tech products with very high profits, the profits of Xu’s several factories are also good.

To put it bluntly, the factories in which the Xu family owns 100% of the shares are all in the OEM industry and have never shown their fangs to the outside world.

But for the factories that Xu Damao invested in and supported, Xu Damao encouraged them to go outside and grab market share.

If someone has ambitions, Xu Damao will support his ambitions. Even if the other person wants to be the best in the world, as long as he has the ability and plans, Xu Damao will support him.

Among the enterprises invested by Xu Damao, 30% are high-tech enterprises, and the other 70% are traditional enterprises or OEM enterprises.

Seventy percent is used to protect the principal, and thirty percent is like gambling. If they win, the Xu family will also make a lot of money.

Even if they lose, the Xu family won’t lose anything.

There is also foreign investment, which is nothing new. That is, if you have spare money, you can buy some shares of those world-famous companies and keep them.

Xu Damao did it not for anything else but just to provide security for his family.

What Xu Damao wants to do next is to reap the rewards of his angel investments in computers, mobile phones and the Internet, and various minerals.

Anyway, the Xu family only does angel investment and does not intervene.

As I said, Xu Damao is not as smart as those guys.

Anyway, those who can earn money will earn it, and those who can’t will just watch from the sidelines and cheer those elite people on.

He Yushui said, "By the way, Qin Huairu was kicked out by her son-in-law recently. She went to Silly Brother's restaurant to ask for help, but Silly Brother didn't agree."

Xu Damao was a little confused when he heard this. He hadn't paid attention to the affairs of the Siheyuan for many years.

Now when I heard this, my brain couldn't react.

It should be said that the current courtyard houses are extremely desolate.

Except for the He family, which stands out, the other families are not doing very well.

The Liu father and son came back, but the three of them suffered a lot while in prison, and their bodies are basically ruined.

Fortunately, Liu Haizhong has several good apprentices, one of whom has become the director of a branch factory.

In the end, I used my connections to find some temporary jobs for his father and son in nearby factories, so that they could make a living.

Now the family lives in the back house, and the two sons have become a big problem.

The second and third sons of the Yan family were not much better off than the Liu family. They couldn't find a girl from the city, so they dated two girls from the country.

The two brothers quarreled and fought over the Yan family's house every few days.

Yan Bugui passed away the year before last, and now only Yang Ruihua is left. Both sons want the house instead of their mother.

On the contrary, Yan Jiecheng, who married into the family, would occasionally send some food to me.

But the second and third brothers teamed up to beat Yan Jiecheng.

According to them, since Yan Jiecheng married into another family, he has nothing to do with the Yan family and he doesn't need to interfere in the Yan family affairs.

The only reason for all this chaos is that Yan Bugui educated his son too well.

They are all selfish and worried that Yan Jiecheng will come back and snatch the house.

If the above two families can be considered excusable, then the fact that Qin Huairu was not imprisoned was already a sign of leniency from her son-in-law.

When Qin Huairu first went to Huaihua, she was pretty good. She worked hard and was quick and efficient.

But over time, Qin Huairu changed.

Qin Huairu herself couldn't explain what she was worried about.

Just like when Qin Huairu was caught stealing money in a store by her son-in-law Wang Jun, the explanation she gave was that it was because Wang Jun was older than Huaihua, and Huaihua had given birth to two daughters but no son.

Qin Huairu was afraid that Wang Jun would die one day and her daughter would be nowhere to be found.

Wang Jun was not angry about this thing, but Huaihua was angry at her mother.

~In Huaihua's opinion, Wang Jun has no woman outside and no family. Even if something happens to Wang Jun, all the family wealth will belong to them, mother and daughter.

Therefore, Qin Huairu's statement is untenable.

Huaihua confronted Qin Huairu directly and said that if Qin Huairu didn't tell the truth, Huaihua would send her to the police station.

Finally, Qin Huairu squeaked and whined that she had secretly met Wang Jun’s ex-wife and found that the son she gave birth to looked very much like Wang Jun.

Now the mystery is solved, but Wang Jun is also wronged. He and his ex-wife have been separated for more than ten years, and the child is only eight years old. How the hell is he related to him?

Finally, they found the man and found that he really looked a bit like Commander Wang.

Although he knew it was a misunderstanding, it still left a thorn in Wang Jun's heart.

In order to remove this thorn, Huaihua directly kicked Qin Huairu out of the house.

Qin Huairu had a reputation for stealing her son-in-law's money, so naturally no family was willing to employ her.

It is said that later he fell ill and fainted on the road, but was picked up by a scavenger.