Rebirth: Super Banking System

Chapter 495: Chapter 405 Company Tide (2017! Thank you for your support!)_1

The next day.

A registration peak for companies occurred within the territory, with numerous private enterprises setting up and beginning operations one after another.

The Myanmar Bank had specially set up a dedicated counter at the ’Bureau of Industry and Commerce’ for equipment loan processing. This allowed them to already have the equipment stake divided at the time of company registration.

Due to the high cost of much of the equipment and the difficulty for business owners to divert equivalent funds, this led to the Myanmar Bank holding significant controlling stakes in numerous private enterprises. It was unimaginable for the average person. Would these business owners be willing?

Were they willing to borrow money at all costs to maintain control, rather than sell their belongings?

The answer was, of course, yes.

It’s simple.

It’s all because of the two words: risk.

If they were to invest all of their assets and lose, what would they do?

Moreover, in any place, naturally, one would only have a share of the pie if they followed the ruling class, as they are the policymakers and law-makers, the controllers and creators of money. Here, Ling made the rules. Naturally, once a connection is established with the ruling class, or rather, once common interests are established, the ruling class would definitely help protect their own interests.

Even though licenses had been issued within the territory, they couldn’t discern how their businesses would fare in the end. However, as long as the Myanmar Bank was involved, within this jurisdiction, they had support.

Risk-sharing.

Of course, they can’t possibly not put in any of their own money, otherwise they wouldn’t have any shares. The method of using gloves to act sly like a white wolf was absolutely unfeasible here, given the strict legal restrictions.

Company registration within the territory was different from elsewhere. The registered capital had to be deposited into an account under ’The Bureau of Industry and Commerce’ as a guarantee. Meanwhile, business owners could bring this proof to the Myanmar Bank and apply for a low-interest loan. The interest was calculated at commercial loan rates.

But as long as the money was invested into production and wasn’t misappropriated for other things, the interest on this part was automatically waived, and some taxes could even be deducted and refunded as rewards.

If the money invested in the production sector each year was less than 30% of the company’s registered capital, a penal interest would be levied.

The purpose of this was to encourage production.

To prevent companies within the territory from blindly pursuing registered capital. Because within the territory, a company’s registered capital could determine its business loan limit.

Why such peculiar and roundabout regulations?

Just to prevent registered capital from disappearing without a trace, and to accurately assess the corporate assets within the territory.

At the same time.

After registering a company, you certainly need to hire people. However, most of the remaining labor force within the territory had already been recruited by ’state-owned enterprises’. Therefore, they set their sights on the two newly acquired territories.

However, household registration and establishment of management had not been completed there, and population movement had not yet been opened. They were blocked areas with restricted access. Therefore, they could only look on eagerly.

Hoping the registration work completed soon.

To avoid delaying the construction period, planning and designing of the factories began the next day. Meanwhile, some young men in the two new territories who had completed their household registration and assessments began slowly being exported into the territory through a ’Labor Service Company’ affiliated with the Myanmar Bank.

This gradually alleviated the problem of labor shortage.

...

On the evening of the 6th of June.

The eve of the National College Entrance Examination.

Qin Yugang’s house.

The college examination was tomorrow. Naturally, this evening turned into a dinner gathering day for everyone. The Lin family of three and Tang’s parents had all arrived. Common families wouldn’t have had such grand gatherings. One, the children still needed to study at night, they could memorise better if they read things at this time and some would even go to bed early. Two, they wanted to avoid eating something too good that might upset their stomach.

But the grades of Tang Qing and Lin Jiaxue wouldn’t fall because of one night. As for getting a stomachache? How could that happen? They had been preparing the meals themselves all these years, and no one had ever gotten sick from eating.

In the afternoon.

When they found out that the guests were coming, Tang Qing drove out once with a car and brought back two packs full of shrimp and crabs because they were the easiest to prepare, they only needed to be steamed.

These were all freshly caught by him.

The size of the naive crabs has been growing rapidly; it’s now more than double the size of a palm. Although their intelligence hadn’t increased much, making it certain that he would catch one each time he tried. Tang Qing wasn’t sure how big the crabs could grow, but they were all increasingly aggressive. They weren’t docile even when tied up. So, to avoid injury when preparing them, Tang Qing knocked each crab unconscious before tying them tightly.

As expected.

Upon seeing the seafood, everybody couldn’t resist wanting to eat.

Fortunately, this instinct wasn’t as strong as before. After eating it several times, their desires sated a little, and they were no longer as desperate. Once the content of these special substances reached the limit of their stable genes, they would only find the food delicious and wouldn’t feel any cravings.

Otherwise.

If it went on like this, it would be hard for people not to suspect that there was some drug in it.

Once the food was served.

Everyone began to feast on their own crabs.

Having eaten his fill, Tang Qing was still leisurely peeling shrimp and crab for Lin Jiaxue, dipping them in sauce and feeding each other. In the past, they felt shy doing this, but as they did it more, she slowly got used to it.

I feed you.

You feed me.

Romantic feelings filled the air.

Mother Tang couldn’t take it anymore and said, "Tangtang, you must get the top score this time, or I’ll sort you out."

"I got it, it’s not hard." Tang Qing said with a smile.

"Tangtang, if you become the top scholar, I will buy you a... no, you already have a mobile phone and a computer... what should I buy for you?" Mother Tang pondered. If it were anyone else, they would have been thrilled to receive ’trendy’ items like a computer and a mobile phone.

But her son already had these. She knew exactly how much the phone cost, over six thousand RMB. At the time, it caused her so much heartache, but now it’s about the same as the profit from a day’s work at the shop, not much really. As for the computer, she had no idea of the price, but it definitely didn’t look cheap.

Mother Tang was visibly conflicted.

The people there found the situation quite amusing.

Now that they had some money, they didn’t know how to live. In the past, buying a piece of clothing would have filled them with joy for a long time.

Only Qin Yugang among those present knew Tang Qing’s net worth. Tang Qing could essentially afford anything money could buy. The momentum of the Sheng Tang Group was growing increasingly strong, with advertisements flooding all over. It can be predicted that soon, the Sheng Tang Group will be the largest private enterprise in Qingyan City, and it’s not impossible for its net worth to surpass Liu Qian’s.

And all this was done by this nephew of his who is gleefully showing off his affection for his girlfriend.

"Forget it, Tangtang, if you make it to the top, I will give you a 10,000 yuan reward and you can buy whatever you want. Moreover, I will give you 2,000 yuan per month for your university living expenses, I originally wanted to give 1,000 yuan. How about that?" Mother Tang knew that her son might have some money, especially from his super rich Uncle Tang Kai. If Tang Qing asked for money, even tens of thousands or hundreds of thousands of yuan, Tang Kai would probably give it to him without even asking what it was for.

Tang Qing was the only male heir of the Tang family, and Tang Kai didn’t have a son.

"Sure." Tang Qing didn’t really care. Money was becoming an increasingly vague concept for him, especially amounts below a hundred million, which couldn’t raise his interest in the slightest.

Mother Tang was speechless at Tang Qing’s attitude.

The richness really made a fuss.

"Then you have to study hard, your second uncle and second aunt will be back in a few days, and your cousin will also be back. As a brother, you must be a good role model." Mother Tang continued, mmm, this crab is really delicious.

"I got it, by the way, dad, you should hurry up and learn how to drive. You said you were going to learn at the beginning of the year, and now you haven’t even registered. If I leave, your second uncle’s car will have to be driven by you. I can’t drive it to school." Tang Qing remembered the Mercedes-Benz, his second uncle was adamant to give it to his family, and both his parents could see that.

"Dream on, still drive to school, I know, the business has been good recently, and it has stabilized. I will go to register next week." Tang’s father promised. Tang Qing was going to school, what’s the deal with driving a Mercedes to school?

"That’s it, dad, practice hard at driving school, never buy your driver’s license with money, that’s joking with your own life and others’ lives. Uncle, don’t let my dad use your connections." Tang Qing turned to Qin Yugang and said with a smile.

"Haha, don’t worry, I won’t." Qin Yugang laughed. As the deputy director of the Municipal Public Security Bureau, he could get a driver’s license with a simple word, unlike in the future when procedures would have to be followed.

Father Tang gave a wry smile.

He had really considered this.

But his son was right, it’s not just about him, it also affects others. It would be a problem if he hit someone.

"Alright, stop talking about me, you’d better do well in the exam tomorrow." Father Tang glared at his son and said.

"I got it..."

Thus.

The whole meal was spent with Father Tang and Mother Tang worrying about Tang Qing’s National College Entrance Examination.

Tang Qing didn’t find it annoying.

You only realize how precious something is when you lose it.

Having someone chatter in your ear can also be a form of happiness, as long as it’s not incessant nagging.

After dinner, he pulled Lin Jiaxue into his room.

Looking at the various pieces of wood in the room, Lin Jiaxue was surprised, "Tangtang, what are these for?"

"I’ve been practicing wood carving recently. I’ve learned enough sketching, there’s not much room for improvement, so I’m practicing a new skill." Tang Qing sat on a chair, Lin Jiaxue sat sideways on his lap, gently hugging his waist and resting her face on Lin Jiaxue’s shoulder, smelling the familiar scent.

Tang Qing wished this moment could last forever.

No desire.

Just peace of mind.

From the tight hug, Lin Jiaxue felt Tang Qing’s affection for her. She didn’t say much, her eyes were full of warmth and love. She looked at the outstanding mess of a boy next to her, the boy she had grown up with since childhood.

The sweet time was short.

It was getting late.

Lin Jiaxue had to go back and rest early.

There’s plenty of time.

After the college entrance examination, they can get sickeningly sweet all they want.

...

Night.

Ten o’clock.

Command Room.

Listening to Tang Yi’s report on the harvest of this lightning action, Tang Qing thought to himself: It’s another big gain.

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