Chapter 78 Business Tickets and Generosity

What is a "betrothal gift"?

Betrothal gift refers to the money and goods paid by one party to the marriage (mainly the man) and his relatives to the other party (mainly the woman) and their relatives according to customs.

Originated from one of the ancient wedding procedures in China, it is also called betrothal gift, betrothal gift, betrothal gift, etc.

What is the significance of the bride price?

For men, the meaning of bride price is commitment and respect to the woman.

For women, it is a man's attitude toward himself and marriage.

They generally believe that "a man who is willing to spend money on you may not necessarily love you, and a man who is unwilling to spend money on you must not love you."

Sometimes it’s also to test whether the other person values ​​you.

For parents, the significance of the bride price lies in supporting the newlyweds and starting capital for building a small family.

But now, the bride price has become higher and higher in some areas, and its meaning has been distorted.

Wu Siyuan rarely spoke out this time, and he also saw the shortcomings in this aspect.

He threatened to consider prohibiting some families from applying for the "New Vision Fund" for those who ask for high betrothal gifts regardless of the actual situation.

This is actually aimed at families who ask for high betrothal gifts from their daughters’ marriage partners to subsidize their sons.

Of course, even if you say this, with the ability of [Super Group], how can you tell the difference?

Even the authorities cannot do this.

But Wu Siyuan himself can.

It's just that he won't do it.

As Wu Siyuan, the richest man in the world, the richest man in Asia, the richest Chinese, and the richest man in China, speaking out like this will still have some influence.

[Four-Armed King Kong] monitors data from all over the world and reports to Wu Siyuan that the phenomenon of high-priced betrothal gifts in some key areas has been curbed.

With such a result, Wu Siyuan is also quite satisfied.

It's funny to say.

Wu Siyuan is the only business leader in China today - he was the king of two horses before.

However, as [Chaoqun Group] has fully expanded its business in all aspects and gained a strong position in many fields, Wu Siyuan's influence in the country has become more and more important. It is not an exaggeration to say that the country is shocked by stomping its feet. On the contrary, it is very appropriate. His influence has long been not only in business, but also extended to all walks of life.

In other business fields, if I speak out, it is mainly in the business field.

But as the only business leader in the country, his main area of ​​development is people's livelihood.

Some wealthy people dare not say anything to Wu Siyuan in person.

But privately, many people still comment that Wu Siyuan is an idiot. Do they really think that "with great ability comes great responsibility"?

But once they hear about a project to cooperate with [Chaoqun Group], they will pounce on it like hungry wolves.

Because [Chaoqun Group] has always had a good reputation from its inception to the present, and it has never used commercial bills.

Commercial bills include bank acceptance bills and commercial acceptance bills. Since bank acceptance bills are unconditionally accepted by the bank when the bill matures, there is almost no risk. The commercial bills we usually talk about basically refer to commercial acceptance bills, referred to as commercial bills.

Hengtai is a very crazy company that uses commercial bills.

At the end of 2020, Huaguo's commercial bill acceptance balance was 2.29 trillion yuan, an increase of 25% over the previous year, of which the balance of Hengtai commercial bills reached 205.3 billion yuan.

The professional term is commercial paper, and the common vernacular is "blank check", which can also be said to be a legal "IOU" or "white note".

Many companies do not like this kind of commercial paper and even refuse to accept it. Accepting the commercial paper means a reduction in value. If a commercial note is cashed in advance in the financial market, a substantial "handling fee" will be paid.

For example, if a supplier gets 1 million unexpired commercial bills and wants to cash them in a financial institution in advance, it would be good to get 900,000 for 1 million commercial bills. When the market for commercial bills is bad, it is common for 1 million to be redeemed for 700,000 or 800,000.

To put it bluntly, the company is using interest-free funds for free.

But there is no way.

Companies that can use commercial bills are often well-known large companies in the industry.

If you don't accept commercial tickets, then you can't even hope to get the other party's order.

Because the industry is too involved, if you don’t do it, others will do it.

Unless Party B can unite and put pressure on Party A.

But obviously, this is difficult to achieve in the domestic environment.

[Chaoqun Group] also has the ability to force cooperative companies or suppliers to accept commercial tickets. Even as long as [Chaoqun Group] is willing, almost no cooperative company can refuse to accept commercial tickets from [Chaoqun Group].

In this regard, [Chaoqun Group] is even stronger than Hengtai Group.

However, [Chaoqun Group] has such ability, but has never used it. It always pays out the money on time in accordance with the contract requirements. If there are special circumstances that delay the payment, it will call the partner company to explain the reasons.

When other companies want to pay, the boss will bring a bunch of gifts, prepare a few red envelopes, lick his face and beg for payment.

It is obviously much easier to cooperate with [Chaoqun Group], even if [Chaoqun Group] has higher requirements.

But being able to take the initiative to pay on time is enough to kill more than 90% of domestic companies in an instant.

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For a leading company and a highly influential business leader, his driving ability is unimaginable.

Not long after [Chaoqun Group] announced its capital injection into [New Vision Fund].

Another large domestic company, [Penguin], has also announced that it is willing to cooperate with the [New Vision Fund] and invest 100 billion to assist national development.

Prior to this, within four months of 2021, [Penguin Group] responded to the national call and invested 50 billion yuan to launch the "Sustainable Social Value Innovation" strategy and invested 50 billion yuan to launch the "Common Wealth Special Plan" .

It can only be said that [Penguin] has always responded very quickly in this regard.

In response, the chairman of [New Vision Fund] also responded quickly and expressed his gratitude and welcome to domestic enterprises for their enthusiastic support.

This chairman is not from [Super Group], but an official.

If [Penguin Group] donated, then [Yari Group] cannot fall behind, otherwise the ensuing [public doubts] will have a serious impact on his operations and stock price.

After all, it is no longer the time when [Yali Group] is the dominant player in the e-commerce industry, and the pursuers behind it are chasing closely.

[Yali Group] also announced that it will also invest 100 billion yuan to help national progress and development.

Then other companies, in this atmosphere brought up by [Penguin] and [Ari], donated their money one after another.

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