Chapter 111: So Much Money, I Don’t Know How to Spend It (Please Support the First Subscription)
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At the headquarters of Fuyun Technology Group in Sanjiang Town, China, Li Fu walked into his office with a smile, his mood exceptionally good. The global launch and sales of the virtual machine had been unprecedentedly successful. The initial batch of five million units was almost completely pre-sold a day in advance. Every virtual machine experience store had their entire stock snapped up instantly. Worldwide, tens of millions of virtual machines had already been pre-sold.
The sales department was currently almost idle, as around the clock, agents from all over the globe were incessantly calling, inquiring when the next batch of virtual machines would arrive, urging Fuyun Technology Group to increase production and supply as soon as possible.
Moreover, major agents continuously sent representatives to Sanjiang Town to personally request stock from the company, hoping to secure a larger allocation of virtual machines. Each came bearing generous gifts for the sales manager and Fang Zheng. These agents were well aware that each virtual machine could double in value once resold—the more stock they obtained, the greater their profits.
Of course, no matter how much they earned, the biggest beneficiary was naturally Li Fu. The cost to produce a single virtual machine was a closely guarded company secret, known only to a few top executives. However, judging from the beaming smiles of the senior leadership, there was no doubt that Fuyun Technology Group was making a fortune this time around.
“Good morning, Li Fu!” Ding Xuan greeted as Li Fu entered his office, dressed in professional attire.
“Morning. Please notify Lao Fang and Lao Zhong that we’ll have a senior management meeting shortly to discuss the upcoming New Year arrangements,” Li Fu instructed after a moment’s thought.
“All right, I’ll contact them right away.”
Ding Xuan quickly set about coordinating the senior executives and preparing the conference room. Although Li Fu was the company owner, he seldom attended meetings, leaving daily operations to Fang Zheng, the CEO. Li Fu focused mainly on the research center. It was unexpected that he would call a senior management meeting today, so Ding Xuan hurried to get everything ready without delay.
An hour later, all the top executives gathered in the company’s small conference room: owner Li Fu, CEO Fang Zheng, CFO Zhong Yun, research center leaders Yan Zhang, Chen Bin, Yu Liang, Cao Haitao, Yang Yiping, and HR Director Luo Yunchang.
As a tech company, Fuyun Technology Group boasted enviable talent. More than half the executives present were from the research center. Yan Zhang led the biological sensing technology research responsible for the virtual machine’s success. Chen Bin, Yu Liang, Cao Haitao, and Yang Yiping were top scientists in aerospace propulsion, having worked alongside Li Fu on the "Divine Arrow" fighter jet project. All were academicians of the Chinese Academy of Sciences, pivotal to the company’s future space ambitions.
Fuyun Technology Group operated two parallel employee ranking systems: one typical corporate ladder from entry-level to CEO Fang Zheng, and another distinct system for researchers, from junior researcher to project leader.
Research staff enjoyed significantly better salaries and benefits—starting at an annual salary of at least 100,000 yuan, plus project bonuses and scientific achievement awards, totaling no less than 200,000 yuan yearly. Outstanding researchers had rapid promotion prospects, often becoming project leaders and even senior executives like Yan Zhang.
By contrast, ordinary employees had lower starting points and slower career progression. Yet, compared to external companies, Fuyun’s ordinary staff were highly sought after. The company’s rapid growth created many opportunities; many recent graduates had already risen to key positions, independently handling major company affairs.
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“Today, I gathered everyone not only to catch up after a long time but also to discuss year-end matters, the company’s holiday arrangements, and plans for next year. I want to hear your opinions and suggestions,” Li Fu began, looking around the room filled with senior executives seated closely together in the small space.
“Lao Zhong, please start by updating everyone on our current financial status so we’re all clear on where we stand,” Li Fu said, turning to CFO Zhong Yun. While Li Fu generally stayed out of daily management, he regularly reviewed financial matters, always asking Zhong Yun for a financial report at meetings.
“We have more money than we know what to do with—over 300 billion US dollars in our accounts, nearly 2 trillion yuan,” Zhong Yun said with a smile. Indeed, as Li Fu had mentioned, the company was now wealthy beyond measure. Not long ago, they had worried daily about cash flow shortages. But since the launch of the virtual machine, funds had soared rapidly.
“In early December, when we announced the virtual machine to the world, we received 100 billion US dollars on the very first day. Since the official global release on the 15th, the initial five million units sold out almost immediately.”
“According to reports from overseas agents, over 30 million units have already been sold in advance. As of yesterday, the eight major global agents have transferred more than 300 billion US dollars to us. Every day, people keep asking Lao Fang for more stock,” Zhong Yun said with a relaxed tone, confident and unshaken.
“My goodness, over 300 billion US dollars—nearly 2 trillion yuan! Next year, we can do just about anything,” said HR Director Luo Yunchang, a middle-aged man like Fang Zheng, formerly an executive at a large corporation. He had never heard of any company with such massive funds in its accounts. He knew the virtual machine had made the company rich but hadn’t imagined this scale.
“We do have a lot of money, but our boss is also a master spender. I estimate these funds will comfortably cover us through the first half of next year,” Zhong Yun smiled and shook his head, well aware of Li Fu’s spending habits.
“Am I really that extravagant?” Li Fu responded with a slight smirk. Thinking carefully, he realized he might indeed be quite the big spender. In 2018, the company had earned over 100 billion yuan from an AIDS drug but had spent it all—and more—prompting Zhong Yun to constantly worry about cash flow.
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“I think our priority now is to ramp up virtual machine production. Next year, we should open several new production lines for the bio-sensing chips, increase output, meet market demand, stabilize company revenue, and then consider other matters,” Fang Zheng said thoughtfully.
“I’ve been pestered to death by global agents lately. Every day, someone’s demanding stock. Even domestically, we get daily complaints about slow delivery,” he added.
“Yes, increasing production is crucial. Lao Fang, you must push hard. Let’s aim to raise annual virtual machine output to over 100 million units next year,” Li Fu said firmly.
“We can speed up construction of our research institute. Previously, we lacked funds and had to proceed slowly, fearing a cash crunch. Now that we’re well-funded, we must accelerate. We have over 10,000 researchers currently undergoing training every day,” he continued.
“Also, construction of the materials company must advance quickly, ideally starting production before April. The biopharmaceutical company should also expand production lines. Our research institute has made breakthroughs in new viral therapies and will soon launch new drugs.”
“Next year, we will enter the aerospace field. This will require massive investment and early preparation. I believe the space era is imminent, and we must be ready to seize the golden age. Otherwise, we’ll miss the opportunity.”
“Additionally, preparations for Sanjiang University must be expedited to secure accreditation. We should collaborate more with local government—they will surely offer strong support.”
Li Fu carefully outlined the company’s plans for the coming year. Each initiative demanded enormous investment but was vital to his long-term vision.
The executives present diligently took notes. The company’s future was clearly Li Fu’s domain, and they only needed to remember his directives and work toward them.
A high-tech company must adhere to a high-tech path, continuously mining wealth in cutting-edge fields. Though early investments are substantial, success leads to enormous profits. The company’s two products served as prime examples.