Campus Cultivation Master-Chapter 715 - 0717: Burning Money【Part 1】

The Qi Family really went to great lengths, effectively sealing off all possible avenues for generating income.

In this kind of cash-burning war, without even money, what can you burn?

Moreover, the capital expenditure isn’t just a few million or tens of millions, but several billion. Although the An Family and the Zhuang Family are massive, they wouldn’t have such extensive cash reserves. After all, there’s still a gap compared to real large multinational corporations.

Chu Feng looked at Zhuang Xinyan and An Wenxing and said, "Who says we’re out of money?"

Zhuang Xinyan replied, "Don’t tell me you know how to print money?"

Chu Feng said, "I don’t know about printing money, but Fengjing Group still has a substantial cash reserve."

After finishing, Chu Feng turned to Cui Jingyan and asked, "Sister Yan, how much cash does our group have now?"

Cui Jingyan fiddled with her computer for a moment, then said, "The company currently has cash reserves of fifty-two billion. This doesn’t include cash cheques that could be cashed in directly, as well as some foreign currency cheques. Altogether, it should be between sixty and seventy billion."

Hearing that Fengjing Group had reserved so much cash, both Zhuang Xinyan and An Wenxing were a bit surprised.

As far as they knew, even those Huaxia companies with a market valuation of over a hundred billion only had about this amount in cash reserves.

It should be understood that keeping cash reserves comes at the expense of the company’s development. Generally, companies rarely keep cash reserves, and that’s the reason why.

But Chu Feng’s Fengjing Group, now with a total market valuation of only about ten billion or so, had cash reserves that actually reached seventy percent of its assets.

Chu Feng said, "From the day Sister Yan and I founded Fengjing Group, I was certain about the principle that ’cash is king.’ The confidence for Fengjing Group not to go public lies right here. Now that Xingzi and her group are willing to play, let’s play properly with them. I don’t believe that Xingzi and her group also have this much capital to stay in the game."

An Wenxing nodded seriously and said, "They definitely don’t have it. Even if Xingzi provides loans to Qi Wen, there is a limit. If tens of billions are invested, with no sign of success, even the consortia behind Xingzi will likely lose patience."

Chu Feng said, "Even better then. We can afford to burn tens of billions. If the Holy Stele can be safely utilized for civilian purposes, we can quickly recoup the profits."

Pausing for a moment, Chu Feng continued, "By the way, compile a list and see which companies from which countries have been involved in this incident. When it comes to exporting to them, the price should be doubled. If they don’t want it, then they don’t get to use it. After all, once the Holy Stele is released, it will surely be in high demand." fɾeeweɓnѳveɭ.com

Zhuang Xinyan nodded and said, "That’s a good strategy. When the time comes, we won’t need to take any action. Their own governments will step in to discipline them on our behalf."

"Since everyone agrees there are no issues, then it’s much easier to deal with. Immediately announce an increase in everyone’s salary. Let’s go up by fifty percent as well," Chu Feng said.

Zhuang Xinyan looked at Chu Feng and said, "Having money is indeed willful. With sixty or seventy billion in cash in hand, one can afford to be willful."

Chu Feng suddenly had a thought and said, "Don’t you start getting ideas about my cash; I’m just a poor man."

Zhuang Xinyan replied, "No one is asking you to borrow money. I just want to tell you that your actions don’t differ much from those of a nouveau riche. It’s not about matching their fifty percent increase just because they did it."

Chu Feng said quizzically, "Is it not necessary? Can we retain people without adding so much?"

Zhuang Xinyan said, "If people can be retained, they’ll stay without a pay raise, and those who can’t be retained won’t stay even if their pay is doubled."

Chu Feng asked, "So, how much are you saying we should add?"

Zhuang Xinyan said, "Just increase by thirty percent. They’re adding fifty percent. But they currently have nothing, no factories, nothing concrete at all. For the workers, all of this is unknown. But it’s different for us; we have everything. We have a fully functioning system, and we have already started production.

For the workers, we are tangible. They are offering fifty percent and even willing to pay it out six months in advance. But for the workers, that has no foundation. Unlike us, our thirty percent increase is stable to them.

The Qi Family might be well-renowned, but that’s only true for people like us; the workers don’t care about such things. Especially those in high-tech positions, they care even less about these matters. Furthermore, they have families; they need more stability. To them, stability is more important than anything else. And a thirty percent raise is already at their psychological price point. A fifty percent increase exceeds their expectations and would make people suspicious. They might worry it’s all just a dream."

After listening to Zhuang Xinyan, Chu Feng looked at her and said, "I never realized you were also a psychologist."

Zhuang Xinyan replied, "When I was sixteen, I already obtained my Level One Certification in psychological counseling."

Hearing Zhuang Xinyan’s comment, Chu Feng said, "Why do I feel like I’m being looked down upon?"

Zhuang Xinyan said, "Looking down on you is the normal response."

It’s quite pressure-inducing to keep up with someone like Zhuang Xinyan who possesses both beauty and wisdom.

Chu Feng said, "Sister Yan, then let’s do as you said and announce a thirty percent salary increase to the public."

He paused, then added, "And make it high-profile. This also serves as free advertising and a welfare offering to all the working people, setting a standard for everyone. As for attracting hatred, I’ll handle that myself."

Zhuang Xinyan looked at Chu Feng and said, "It looks like you’re not that clueless. You also understand that this kind of thing will attract resentment?"

Chu Feng responded, looking at Zhuang Xinyan, "I am, after all, a former Top Scholar. My head isn’t filled with just grass, okay?"

Zhuang Xinyan said, "I know you were the Top Scholar, but usually your roguishness overshadows your intelligence, making people only notice your roguishness and overlooking your smarts."

Chu Feng said, "Alright, enough. There’s no talking sense with you. Let’s get down to business. They’ve started making moves, and we can only respond."

An Wenxing suddenly said, "I actually think that Xingzi might not be insincere in wanting to cooperate with us. Maybe we can use this to our advantage too."

Chu Feng shook his head and replied, "That woman is one of the most challenging individuals I’ve ever met, second only to another. Working with her is too mentally exhausting, too draining. For people like her, it’s better to be a bit more brutal."

This 𝓬ontent is taken from fre𝒆webnove(l).𝐜𝐨𝗺