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Chapter 609: Chapter 513: Tang Qing’s Principles of Charity (Please Subscribe!)_1
It had been approximately two months since he returned from Beijing in mid-July, and Sheng Tang’s philanthropic plan had been in progress for a month. Under the tone set by Tang Qing, Sheng Tang’s charity was divided into three parts.
The first part was to donate money for the construction of Hope Primary Schools in remote areas and sponsor teachers through the group’s funds.
The second part was to donate clothes, supplies, and necessary medical examinations to impoverished children in remote areas.
The third part was to financially support children from remote areas to attend school.
The reason all projects were based in remote areas was because the cost of charity efforts in nearby areas was too low. Tang Qing had previously learned about the awkward situations involving clothes donations. Although the clothes were donated and given to children, people began to no longer require them because there were too many.
On the contrary, the children living in remote hills and mountains faced a different situation. Because transportation was inconvenient, donations hardly ever reached those places, and no one was willing to deliver them. This made the charity appear somewhat awkward.
You were donating to places that may not necessarily need them, while the places that truly needed help you overlooked. It was not to say who was right or wrong, but there was a problem in the allocation of resources and a conflict between transportation costs and gestures of goodwill.
What Tang Qing aimed to tackle was this ’blind spot in charity’.
Just like the ’Huaxia Little Angels Charity Foundation’, it was committed to addressing a ’charity blind spot’. For children in orphanages who could not afford treatment, the foundation would provide them with free assistance.
On the other hand, children with immediate family members had to apply for loans from the state. The foundation would not provide funding, because neither the powers of the state nor local organizations were capable of solving these treatment problems for children in orphanages. This represented a ’blind spot’.
In other words, Tang Qing was not particularly interested in doing charity work that everyone else did. He was not very interested in approaching the visible low-income households that everyone else did. What he wanted to solve was: Even if it were several years from now, when information and communication reached a great level of development, people would rarely pay attention to those places and individuals.
This was the principle that Tang Qing had set from the beginning.
It was to address the issues in areas unseen by people, or the issues that people were unwilling to resolve or problems that were too expensive to fix.
Luckily, the ’Little Angel’ made it, and Sheng Tang was also working towards this. Tang Qing waved off a large sum at the time, instructing the Sheng Tang plan to allocate one hundred million RMB to do this work this year. In this era, one hundred million RMB was enough to build hundreds of Hope Primary Schools.
By the end of the year, Sheng Tang aimed to help local children in areas barely accessible, locations that, even ten years into the future, charity would find hard to reach, to address education and survival problems. The goal was to build no less than fifty Hope Primary Schools and have a hundred by next year.
The charity industry in the country was developing rapidly, so impoverished local children would be handed over to domestic charities. After all, they had different thoughts from Tang Qing. Tang Qing wanted to get things done, while these charities wanted fame.
It could be considered mutually beneficial.
As for why the huge amount of money in the ’Little Angel’s account wasn’t being used for these charity projects, it was because, although there seemed to be a lot of money, it wasn’t that much. Tang Qing had an idea to use half of the funds to invest in new medicine and research for pediatric diseases.
It is not a solution to simply rely on hospitals for treatment. Might as well invest in these research projects. Although no returns could be seen in the short term, the foundation’s money would not go to waste in the long run.
A more efficient and cost-effective treatment method could reduce the foundation’s spending. By then, the scientist from the Command Room may also join to accelerate the research process. The business was absolutely risk-free, and all the money made from the foundation’s investment would be used for its self-development, forming a virtuous cycle.
Right.
That’s exactly how it’s done.
Suddenly,
Tang Qing instructed the command room to initiate the project immediately. Once the investigations into domestic and international laboratories and projects were clear, the foundation would invest directly. The more than 20 billion RMB might actually run out very soon.
As for extra money?
Well, after a round of investment, the foundation might not have any money left.
Presently, Sheng Tang Group had selected the first batch of aid locations, all of which were in remote mountain areas. They had already communicated with about half of the local governments, and construction had started in places that had available land.
Everything was progressing as planned, while the media had also begun exerting their efforts. Numerous reports about Sheng Tang Group’s charitable actions greatly benefited the enterprise. Sure enough, last month’s financial statement of Sheng Tang Group showed a 19% increase in sales compared to the previous month.
At this critical juncture, even if competitors wanted to cause trouble, no media would cooperate because the tone had been set. Charity, as long as it benefitted people, regardless of the motives, such actions were commendable.
This also sparked a wave of charity in various industries.
After reading the email, Tang Qing replied to President Yang Kai of the group: ’It must be used for practical purposes.’
"Ding Ding Ding..."
Just after sending the email, his mobile phone suddenly rang.
Tang Qing picked up his phone in confusion. 𝔫𝖔𝖛𝖕𝖚𝔟.𝖈𝖔𝔪
Huang Qi?
He pressed the answer button.
"Brother Huang, what’s up?" Tang Qing chuckled. He and Huang Qi had no conflict of interest and no vendetta. The reason he sold his shares was simply because he found it bothersome. Therefore, the matter of the shares did not prevent him from calling him ’brother’.
"Little Tang, are you free today? The friend who wants to buy shares is with me. If you have time, let’s go over now and have a chat," Huang Qi asked.
"Okay, you guys can come over, I’m at home," Tang Qing said. Although Huang Qi said they would talk tomorrow, it would be fine to finish the discussion today.
"Alright, we’ll be right over."
Huang Qi said cheerfully. His excitement stemmed from the thought of nabbing a free meal. Just thinking about the food cooked by the chef in Tang Qing’s house made him drool.
After hanging up the phone.
"It’s done, let’s hurry over," Huang Qi immediately stood up and declared.
"Why are you in such a rush? I don’t think you’re as eager about this acquisition as I am," the friend of the same age smiled bitterly.
"You don’t understand, hurry up, hurry up," Huang Qi urged.
Under Huang Qi’s urging, they drove their sports cars towards Tang Qing’s villa.
After hanging up the phone, Tang Qing began to read the monthly report of Sky Eye again. It’s not surprising but helpful, organizing the companies it supervises into easy-to-understand data and charts, allowing a clear understanding of how the companies are doing and how they resolved any issues encountered.
Very professional.
It made Tang Qing’s reading very relaxed and didn’t require him to analyze complicated relationships.
When Huang Qi arrived at the villa, Tang Qing had finally finished his ’official business’ he needed to deal with. Only about five or six emails needed responses, and it was done quickly. Tang Qing was quite satisfied with his foresight as a hands-off supervisor.
As for the company’s specific matters, whoever wants to do it can do it. He doesn’t want to be buried in paperwork.
Listening to the piano sound from the second floor, Tang Qing was in a good mood.
At this moment.
Two honking sounds came from outside the villa. Tang Qing hurried out and saw it was Huang Qi in the car. Tang Qing waved his hand, one of the warriors opened the door, two sports cars drove in and headed towards the garage.
Tang Qing also followed and went down to the underground garage.
A Porsche and a Lamborghini, Huang Qi drove the Porsche, it was different from what he used to drive. But it had nothing to do with Tang Qing. Did it matter what he drove or not?
"Hello, Brother Huang." Tang Qing shook hands with Huang Qi.
"Little Tang, sorry to disturb your rest on a rainy day. The bug in my stomach just couldn’t hold back, I wanted to taste the food made by your chef. I can’t stop thinking about it." As he spoke, Huang Qi swallowed his saliva.
Seeing this, the person behind him twitched his mouth. Was it necessary to beg for food?
He was now sure that Huang Qi really wanted to mooch a meal.
Huang Qi didn’t forget his purpose and introduced, "Right, Little Tang, this is Mei Wenlin, who wants to purchase the shares in your hand. This is Tang Qing."
"Hello, Brother... Mei." Tang Qing almost called out Brother Mei, don’t have a kind? This title, he wasn’t sure if his subordinates would dare to use it.
Hearing Tang Qing change his mind, Mei Wenlin showed a slight smile, knowing there would be such a misunderstanding.
"Nice to meet you, Boss Tang is so young. I just returned to the country too, please take care of me in the future," Mei Wenlin smiled modestly.
Tang Qing nodded his head, Mei Wenlin wasn’t annoying, there was no arrogant behavior or attitude either. Little did he know, it wasn’t that Mei Wenlin didn’t have it, it’s just facing Tang Qing, even he had a sense of inexplicable inferiority.
The wealthy and powerful, mysterious Tang Qing, Mei Wenlin didn’t dare be showy in front of him.
"Of course, let’s go upstairs."
Tang Qing took the lead, they sat down and chatted a bit. Through their conversation, Tang Qing learned that Mei Wenlin is a Chinese overseas. His family primarily does business in Australia. His father operates several large ranches and farms, as well as some mineral businesses. Wenlin is in China to expand business.
Tang Qing really wanted to say, you should go back to Australia and be a promising farmer.
However, he only thought about it. Tang Qing suspected that Mei Wenlin might have been deceived, otherwise, it wouldn’t be necessary to get involved in this kind of company. Tang Qing guessed that perhaps Mei Wenlin was trying to break into the domestic circle, and that’s why he was making these moves.
Tang Qing’s guess was right. Mei Wenlin’s investment was only intended to meet some people. The acquisition was like an indirect admission ticket, and as long as Tang Qing’s price was not too outrageous, Mei Wenlin was ready to accept it.
No other way.
As a Chinese person in Australia, he didn’t really have much ability to interact with Beijing’s second generation. Mostly just some wealthy people and those with a little bit of power. After all, Beijing’s second generation mostly study abroad in the United States, Canada, and Europe, that’s where the western world is.
Those who go to Australia are mostly wealthy, although this is not absolute, but the probability already explains everything.
