Chapter 99

Xiao Yuanhang took the document and returned to the Tiedong Street office. He went into his small office and started reading it. When Wang Dahai and the others saw Xiao Yuanhang return, they gathered in his office. Seeing Xiao Yuanhang reading the document intently, they asked, "Second Brother, what are you reading so seriously?"

Xiao Yuanhang looked up and said, "This is the municipal government's guidance document on opening and revitalizing the nut market. We can't keep doing our pine nut business in secret. If the industrial and commercial tax authorities find us, it will be a problem sooner or later. I'm checking what preferential policies are offered here. Once I understand them, we'll register and set up a company."

"Setting up a company is good, Second Brother. If we set up a company, you'll be the general manager, and I'll be the deputy general manager!" Wang Dahai said boldly.

Jin Hui quickly asked, "Second Brother, if Hai Brother is the deputy general manager, what will I do?"

Xiao Yuanhang looked at them and chuckled, "I have a formal job, so I can't be in the limelight. After the company is set up, Wang Dahai will be the general manager, and Xiao Qiang will be the deputy general manager. As for you, we'll see!"

"Second Brother, what about me?" Da Guo, seeing that Wang Dahai and Xiao Qiang would be the general and deputy general managers, asked anxiously.

Xiao Yuanhang glared at Da Guo, "Don't cause a commotion here. The company is still just an idea. You're all vying for positions, but first show me your true abilities!"

Da Guo, intimidated by Xiao Yuanhang, didn't dare to speak. Xiao Yuanhang laughed, "Da Guo, I was just joking. Once the company is set up, I'll give you a good position."

Da Guo smiled broadly at this... "That's right, don't worry. Second Brother will take care of you. He'll give you all suitable positions!" Wang Dahai said, acting as if he were in charge.

Xiao Yuanhang said, "Alright, alright! Go back to your work. I need to read the document."

Wang Dahai waved his hand and said, "Let's go to the big room. Don't disturb Second Brother while he reads the document. I'll be serious about being the general manager, or I won't be nice! Hahaha..." Wang Dahai joked as he walked out, and everyone followed him to the big room.

Xiao Yuanhang calmed down and read the municipal government's document. Although the document was issued quickly, it was very thorough, with detailed policies. It was clear that the city had put a lot of effort into it. For example, the tax exemption and reduction policy clearly stated that for companies with registered capital below 50,000 yuan, the first year would be tax-free, the second year would have a 50% tax reduction, the third year would have a 25% tax reduction, and the fourth year would be fully taxed.

For companies with registered capital between 50,000 yuan (inclusive) and 100,000 yuan, the first year and six months would be tax-free, followed by a 50% tax reduction for another year and six months, and a 25% tax reduction for one year, with full taxation starting in the fifth year. For companies with registered capital of 100,000 yuan (inclusive) or more, the first two years would be tax-free, followed by a 50% tax reduction for two years, and a 25% tax reduction for two years, with full taxation starting in the seventh year.

This meant that the larger the nut business, the more advantageous it would be! Xiao Yuanhang stopped here, interested in the 100,000 yuan registered capital. The tax exemption for six years would allow them to save a lot of taxes when the business grew. Considering his current assets, even if Xiao Qiang and the others sold the 8,000 pounds of goods, the total amount of money he had would still be less than 100,000 yuan. He couldn't afford to run out of stock, so he had to keep a cash reserve of about 30,000 yuan. If he needed to verify the capital, it would be difficult, but he could think of a way.

When he read the next part of the document, he became even more determined to register a company with more than 100,000 yuan in registered capital. The document stated that only companies with registered capital of 100,000 yuan or more would be granted export rights by the city!

After reading the document, Xiao Yuanhang thought for a moment and called Wang Dahai and Xiao Qiang to explain the relevant regulations, emphasizing the importance of registering a company with more than 100,000 yuan in registered capital. He asked for their opinions. Wang Dahai and Xiao Qiang, of course, agreed with whatever Xiao Yuanhang said, showing that they would let him make all the decisions. This made Xiao Yuanhang somewhat amused; this wasn't a discussion, it was just to hear his decision!

At this point, Wang Dahai had the opportunity to report the situation to Xiao Yuanhang. He said, "Second Brother, Uncle Liu has already arranged for the 8,000 pounds of pine nuts to be delivered and stored in the warehouse. We sold over 3,000 pounds this afternoon, and we've already sold more than 8,000 pounds in total. There are still about 8,000 pounds in the warehouse, enough for the next few days. Tomorrow, I'll send Da Guo and Jin Hui to Linquan to restock. Once these two batches are in, I think we'll have a steady supply!"

Xiao Yuanhang nodded, "Dahai, that's the best approach. We must ensure we don't run out of stock. This is a good opportunity, and we need to take advantage of it to earn more."

Wang Dahai laughed, "Second Brother, I think the same. Our money is growing, and the business is expanding. In less than a month, we'll have enough surplus funds. Once we sell the stock in the warehouse, we'll have enough to reach the 100,000 yuan mark. Then we can use that money to register the company."

Xiao Yuanhang was pleased to see that Wang Dahai was thinking about the company's capital. He had roughly calculated that if they sold all the stock in the warehouse, they would have over 90,000 yuan. After paying back the 13,000 yuan borrowed from the team, they would have earned over 70,000 yuan. If this trend continued, they would definitely have over 100,000 yuan in a month. Even if they didn't have 100,000 yuan in cash, the stock in the warehouse could be valued as assets. If the industrial and commercial bureau didn't approve, they could ask Guo Xiaoquan for help. With his influence, it shouldn't be a problem.

Xiao Yuanhang was very pleased with Wang Dahai's progress. The better Wang Dahai performed, the easier it would be for him. In the future, he could focus on the big picture, while Wang Dahai and the others could handle the day-to-day operations. Once they had enough funds, they could consider other business opportunities. With so many people under Wang Dahai, they wouldn't lack for manpower.

Xiao Yuanhang smiled, "Dahai, you've thought it through well. The day after tomorrow, Director Guo will have dinner with me. I'll discuss it with him in detail and then decide when to register the company."

"Director Guo? Which Director Guo?" Wang Dahai, not knowing who Guo Xiaoquan was, asked.

Xiao Yuanhang said, "He is the deputy director of the municipal party committee's office, named Guo Xiaoquan. He is also Secretary Xu's chief secretary. I'll introduce him to you when the opportunity arises. We'll need his help in our business."

"Good, good!" Wang Dahai was delighted to learn that Xiao Yuanhang knew the deputy director of the municipal party committee's office and Secretary Xu's chief secretary. He knew that without connections, doing business would be very difficult.

That evening, after having dinner with Wang Dahai and the others, Xiao Yuanhang went home and set up a small table on the kang to write a self-examination report. Section Chief Tang had asked for it to be submitted the next morning, so he had to finish it that night. However, writing such a report was easy for him, and he finished it in just over half an hour.

The next morning, Xiao Yuanhang went to the section. When he arrived at the team's study room, there were still about ten minutes before the meeting, and about half of the team members had already arrived, with more coming in. Everyone complained about the difficulty of writing the self-examination report, saying that they could open a car door or sweep the floor, but writing a report was too hard, and it was a real struggle.

When the time came, Team Leader Lin Yan came in and took attendance. Seeing that everyone was present, she said, "Yesterday, the section received a notice from the railway bureau regarding a conduct issue. Section Chief Tang will come to convey it to you. Pay attention and learn from it!"

Shortly after, Tang Xuemei and the head of the conduct office, Liang Hua, came in. Section Chief Tang didn't mention the self-examination reports but held up the notice and said, "This is a notice from the railway bureau regarding a conduct issue on the Songjiang train from Songjiang to Beijing. The train conductor charged a passenger for a berth ticket. The railway bureau has made a decision, and you should listen carefully!"

Xiao Yuanhang listened carefully. It turned out that a Korean tourist visiting relatives in Songjiang had traveled to Beijing with a family member. On the return trip, they couldn't buy a berth ticket, so the family member asked the train conductor to add two berth tickets. The train conductor, seeing that the passenger was Korean, assumed they were wealthy and wouldn't mind the small fee, so he hinted that he wanted 200 yuan as a tip. The Korean tourist, who had given many gifts to the family, readily gave the train conductor 200 yuan. However, once back home, the Korean tourist was unhappy and wrote to the Korean embassy in China. The Korean embassy then reported the issue to the Ministry of Foreign Affairs, which forwarded it to the Ministry of Railways. Because it involved a foreign guest, the Ministry of Railways acted quickly, investigated the matter, and made a decision. The Songjiang Railway Bureau classified it as a serious conduct issue and took strict action against the train conductor and others involved!

Because it involved a foreign guest and was investigated by the Ministry of Railways, the Songjiang Railway Bureau took severe action to satisfy the Ministry of Railways. A series of people from the Songjiang Railway Bureau to the Songjiang Train Section were punished!

The Songjiang Railway Bureau classified it as a serious conduct issue and fined the Songjiang Train Section 50,000 yuan. The deputy director in charge of passenger services at the Songjiang Railway Bureau was required to write a written apology. The head of the passenger service department and the head of the conduct office at the Songjiang Railway Bureau received administrative warnings. The head of the Songjiang Train Section received an administrative reprimand, and the party secretary received an administrative warning. The deputy head in charge of passenger services received a major administrative reprimand. The head of the passenger service team and the head of the conduct office were dismissed. The responsible train conductor, Yan Hongmei, was expelled from the railway service!

PS: Thank you to the readers "The Allure of the Shadow Lamp," "yun_on_wall," "Long Shao LL1," "Yoyo Pig," "Cangwu Li," "Wang Suisui," "Bored to Read Books," "Smiling at the Clouds," "peracc," "zero14," "Tonji Tuyeh," and "Shushan Wen" for your support! (To be continued. If you enjoy this work, please subscribe and support it. Your support is my greatest motivation.)