Rebirth: My clan is 100 million points strong!
87 The allocation of family funds was targeted at the family’s education industry!

The Eight

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January 15th.

Qingyun Town, White Cloud Hotel.

The atmosphere in the conference room was extremely lively.

Other than Xiao Congren who went to Jiangsu Province for a meeting, Xiao Shiji who worked in Yangtai, Xiao Jianfeng who worked in the diplomatic agency, Xiao Yuzhe who played in the NBA, and Xiao Yuhao who played in the English Premier League.

The people from the Baiyun Xiao family and the Hang City Xiao family came to the scene.

More than 50 members of the Xiao family gathered together and chattered. The scene was extremely noisy.

They had come to the White Cloud Hotel today to attend the annual meeting of the Xiao Family Foundation.

Before the meeting began.

Xiao Cong Xin was in high spirits and was full of vigor.

Compared to previous years.

This year, he was no longer as quiet as he used to be. He became extremely active.

Xiao Congxin took the initiative to brag to everyone about how he had developed a small construction company into a Fortune 500 company with a revenue of over a trillion.

"The State Electricity Network and the China National Oil and Gas Corporation are both state-owned enterprises, while Baiyun Construction is a private enterprise.”

"Among the top 500 private enterprises in China that have just been released, Baiyun Construction Group ranks first in the country. It is also the only private enterprise with a revenue of more than one trillion yuan.”

"Although Xiao Luo is the richest man in China, none of the companies under his name, such as White Cloud Technology, White Cloud E-Commerce, White Cloud Car, White Cloud Bank, and White Cloud Investment, have entered the top 500 in the world.”

"Go to the headquarters of White Cloud Construction Group and take a look. The building is magnificent and has become a landmark in Sucheng.”

"Among all the industries of the Xiao family, Baiyun Construction Group should be the first company to enter the top 500 in the world, right?”

"With Baiyun Construction bidding for 10 super projects, our revenue will definitely reach more than 3 trillion yuan next year, surpassing Walmart's ranking as the world's top 500!”

"We're all family. Let me tell you something from the bottom of my heart. The current White Cloud Construction has ridiculously strong infrastructure. As long as we have the funds, we can finish the tiles on the Great Wall in three months!”

“……”

Hearing this.

Everyone from the Xiao family laughed.

They all understood Xiao Congxin.

Xiao Congxin was the son of the richest man in China, so he was under more pressure than anyone else.

Of course, ordinary people didn't feel any pressure.

However, Xiao Cong Xin had a strong personality.

Xiao Congxin had been giving his son living expenses since he was young.

In the end, Xiao Luo went to university and started his own business to become a billionaire.

A few years later.

Xiao Luo became the youngest richest man in the history of Xia country.

This made Xiao Cong Xin feel a little angry.

Instead of resting and enjoying life, he worked even harder and developed the White Cloud Construction Group day and night.

As Baiyun Construction Group's revenue broke the trillion mark, it ranked 13th among the world's top 500 companies.

Now, the outside world called Xiao Congxin the CEO of White Cloud Construction, not the father of the richest man, Xiao Luo.

All the pressure on Xiao Cong Xin's body also disappeared without a trace.

……

While chatting.

The meeting officially began.

The chairman of the Xiao Family Foundation, Li Pei Lan, first gave the Xiao Family juniors material rewards.

Then, Li Peilan said," Some time ago, Xiao Luo transferred 100 billion yuan to the Xiao Family Foundation to better serve the family business.

Today's meeting was mainly to discuss the use of the funds.

I hope everyone will express their views.

They discussed the detailed rules and regulations for the use of the funds.”

As soon as he said that.

Everyone was calm.

In the past few years when the Xiao family had risen.

Every member of the Xiao family had seen the market and their horizons were much broader.

When they heard the figure of 100 billion, they were no longer as surprised as before.

"Elders, I propose that 60 billion yuan be used for the development of the family's education business.

Education was the foundation of a hundred-year plan.

Sucheng's educational resources were weak. There was not even a 985 engineering college.

After finishing high school, the juniors of the Xiao family would definitely go to Yanjing, Shanghai, Jinling, Jiangcheng, and other cities to study. They might even go abroad to study.

They would be gone for a few years.

Although the Xiao family had White Cloud University, they were not well-known now.

I think that instead of letting the younger generation go far away, it's better to develop White Cloud University and make it the top university in the world.

After he had sufficient funds.

White Cloud University, White Cloud High School, and White Cloud Art Studio could build more high-end and luxurious campus, hire the best teachers, and build all kinds of high-end laboratories, bringing the overall strength to a new level.”

As soon as he finished speaking.

Everyone from the Xiao family nodded in agreement.

Education determined the future of a country and a nation. It was the most important undertaking for a country and a nation.

It was the same for the clan!

"I agree with Xiao Luo's plan."

Back then, the Xiao family was very poor and was not eye-catching in the White Cloud Village.

Even if I have to sell everything, I will let the five brothers, Cong Ren, Cong Yi, Cong Li, Cong Zhi, and Cong Xin, go to school.

The other families in Baiyun Village would give up their studies if their children did not have good grades and go out to work early.

No matter how poor the Xiao family was, they did not lack education.

Decades passed.

The five brothers of the Xiao family were all very hardworking and famous in their respective fields.

Apart from your own fortuitous encounters, this is all thanks to your education.

Now, the Xiao family was very rich.

Money was a good thing, but sometimes, it could make people lose their minds.

The second generation was arrogant and domineering.

I'm sure you've all heard of it.

Would the Xiao family have such descendants in the future?

No one could guarantee it.

Therefore, I will be the first to support the Golden Foundation's investment in the family's education business!”

Hearing this.

No one had any objections.

The 100 billion yuan was provided by Qinghan, so he had absolute control over the funds.

……

Next.

Everyone expressed their opinions on the remaining funds.

Half an hour later.

The Xiao family members present reached an agreement.

Li Pei Lan held the document and announced,""100 billion, the specific allocation plan is as follows.

Cai Wanning's White Cloud Studio received 10 billion yuan in funding.

Xiao Huaian's White Cloud High School had received 10 billion yuan in funding.

Xiao Huaiyi's White Cloud University received 40 billion yuan in funding.

Wang Zhiqiu's Baiyun Law Firm, Zhang Qianqian's accounting firm, Liu Qin's Baiyun Hotel, Jiang Yingxue's Baiyun Film, Cui Lu's Baiyun Auction House, and Jiang Min's Baiyun Amusement Park each received 2 billion yuan, totaling 12 billion yuan.

Xiao Jiannan's White Cloud Media, Xiao Shanjing's White Cloud Fruits and Vegetables, Xiao Yunqi's White Cloud Grain and Oil, Xiao Yunfeng's White Cloud Breeding, Chen Yun's White Cloud Milk, Tang Ning's White Cloud Sports Agency, Xia Ping's White Cloud Entertainment Agency, Sun Manni's White Cloud Magazine Agency, Ding Meilin's White Cloud insurance, and Tian Cancan's White Cloud Advertising Design Company each received 2 billion yuan in funds, totaling 20 billion yuan.

The remaining 8 billion yuan.

Part of the Xiao Family Foundation was used for investment, and the other part was used to build Baiyun kindergarten, Baiyun primary school, and Baiyun junior high school to improve the family education industry chain.”

As soon as he finished speaking.

No one had any objections.

Zhao Lijia's research funding had not been used up yet, so there was no funding this time.

Su Yanran's White Cloud Charging Pool and Shen Li's White Cloud Bike Pool had already started to raise funds. They did not need the help of the family's funds.

Li Peilan continued,"From next year onwards, in all the Xiao family's enterprises, except for listed companies, there will be no other companies.

The rest of the companies had to take out a portion of the dividends for the development of the family business.

For example, Baiyun Construction Group had a profit of 148.8 billion yuan this year.

The Xiao Family Foundation owned 50% of the shares and should receive a portion of the dividends.”

Hearing this.

Everyone from the Xiao family nodded.

The family foundation gave them the initial capital to start a business.

After the company grew.

It was only right for them to take out a portion of the dividends every year and give it to the Xiao Family Foundation!

This was the only way.

The Xiao Family Foundation's capital chain would not break and form a virtuous cycle.

The family had ample liquid funds.

They would also have more ability to face risks!

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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