Fake Husband of the Glamorous CEO

Chapter 204: The most correct step

Fake Husband of the Glamorous CEO

Chapter 204: The most correct step

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Chapter 204: 204: The most correct step

The day of dividing money was especially exhilarating.

Not only the Hall Master Departments, but also the Jiangcheng Taxation Authority was beaming when they received the 150 billion RMB tax payment from Meiyue Group related to the Cancer Technology revenue of the Pangu Department.

The employees of Meiyue Group received various benefits like car fuel cards, movie tickets, travel packages, and supermarket discount vouchers.

It wasn’t that they didn’t want to provide for the higher-ups, it was just that the taxation authority couldn’t touch the level of Meiyue’s executives.

Therefore, those fresh college graduates who were externally hired to work at Meiyue Group were particularly pleased.

Having joined the company less than two months ago, they received various benefits that made other career departments envious.

Not only was the salary high, but the everyday benefits were also exceptionally good.

It was said that the business performance of the five beauty companies authorized by Meiyue was quite impressive, and the staff under the group had already received their bonuses in advance.

Moreover, the overseas sales financial reports of the five domestic companies were also very considerable, and each group was preparing to hold a celebration banquet.

Especially Wanmei and Bolaiya, each of which had obtained A-grade technology authorization, were responsible for targeting the high-end cosmetics market overseas.

As soon as the products were launched, the overseas users, who were already hyped by various marketing efforts on Dragon Nation’s media, were eagerly anticipating them.

The higher-end tech products were in such high demand at the major shopping malls’ cosmetics counters, they were snatched up the moment they hit the shelves.

Facing products that could rescue true facial disasters, what could others, like Lancôme, even compete with?

The wave of flaunting national beauty products online within Dragon Nation actually recurred on major overseas media outlets once again.

One by one, they held live broadcasts with Bolaiya’s high-end products, challenging the removal of facial wrinkles - it wasn’t just effective, it was like magic.

Even Hollywood’s top actresses and supermodels couldn’t get enough of the products, and they all checked in on their platforms to support them.

Employees of Meiyue Group were frantically showing off photos from the banquets of the five companies in their social circles.

As a domestic brand that already had a share in the global market and was even set to become a luxury brand in the future, the brand ambassadors they were seeking were definitely top domestic influencers.

So, the social media feeds of Meiyue Group’s employees were either filled with high-end banquet scenes or with luxurious wines and buffets, as well as various photos with female celebrities.

This made their peers envious and prompted many to inquire on social media whether it was still possible to join Meiyue Group.

The answer was: Not just anyone could be hired.

Not to mention, it was a state-owned enterprise.

At this stage, it was one of the most profitable amongst various state-owned enterprises!

Considering the benefits disclosed by the employees, Meiyue’s compensation was even better than other organizations like tobacco, electric power, and banks!

Being able to bring happiness to its employees also made Lin Yue, the Chairman, very happy.

Even happier were the five domestic groups with technology authorization from Meiyue Group.

Now, Bolaiya’s market valuation, which was 40 billion RMB just earlier, skyrocketed past 100 billion RMB after the second month’s financial report!

Following closely was Wanmei, which, having the same high-end technology authorization, competed with the former in both domestic and overseas markets.

The remaining three brands devoured the middle and lower market segments.

The second month’s domestic total sales of the five companies reached a market share of 50 billion RMB.

Overseas sales amounted to 12 billion US Dollars.

Compared to their market value two months ago, all five had inflated their valuations by at least more than three times.

But that wasn’t nearly enough, as major investment banks were optimistic about these five domestic brands’ future projected market values, suggesting they could surpass the previous milestones of Lancôme and others, which were around 50 billion US Dollars, in time.

When that time comes, the shareholders of each group who had decided to dilute at least 45% of their shares to obtain monthly technology authorization support would see a peak in their returns.

Take Chairman Hou of Bolaiya for example, who previously held 34% of the group’s shares with a personal net worth of 16 billion RMB.

After diluting his shares, he retained 17% of the group’s equity. Even if the stock price continued to soar wildly, just based on the current market valuation of 100 billion, his net worth had increased by 10 billion to 170 billion!

He was confident that with a year’s time, using the financial reports, Bolaiya’s market value could double by the next year!

By then, his net worth would also double, propelling him into the top 50 of the domestic rich list!

Of course, market value and stocks are all intangible.

Following the listings on Meiyue Group, the five company heads were most pleasantly surprised to find themselves squeezed into the Tianfeng Fund Circle!

This was truly an unexpected stroke of luck they hadn’t anticipated.

Only the truly top domestic capital circles knew how powerful the influence of the Tianfeng Fund Circle was!

It encompassed the three most developed commercial areas of Dragon Nation.

Headed by Shanghai businesses in Jiangcheng, centered around the two branch companies of "Guo" and "Tang".

The Jingbei Circle then revolved around the branch companies owned by Ye Wei and Nie Yun.

In Shenzhen and Guangzhou, shares were held by several circles that included the Penguin Group among others, for a branch company quota.

Previously, these five bosses had also sought connections to squeeze into this circle with its stable annual dividends.

But there hadn’t been a tycoon willing to play with them.

While rich, it’s not just about money when it comes to these circles.

Wealth is something you have to spend time contributing to society and the government, creating influence before it matches you up with the social ranking necessary to complete a class jump!

That’s why there’s a difference between the energy of a nouveau riche and that of families with generations of accumulated wealth!

Previously, these five company heads had no way to squeeze into the core circle they longed for.

Unexpectedly, by a twist of fate and thanks to the relationship with Lin Yue, the Chairman of Meiyue Group, many from the Tianfeng Circle began to accept them.

At a business cocktail party, they were shocked to hear Li Ming from the Tianfeng Fund’s headquarters call Lin Yue "Boss Lady".

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