Starting from a Fake University-Chapter 1324 - 706 Selected for the Forbes Rich List! (Requesting Subscriptions)_2
Chapter 1324: Chapter 706 Selected for the Forbes Rich List! (Requesting Subscriptions)_2
"Mm."
An Yujia nodded and walked straight into Principal Ding’s office, then sat down on the sofa.
As soon as she settled, Wen Ruohan rose from her office chair and took a seat beside An.
"Principal Ding, the report from my end is almost complete," Xiong Yang, the director, confidently stated. "By the beginning of May, our Culture and Sports Department will organize the relevant rehearsals and such. I believe everyone is full of confidence and will definitely host this National University Sports Games well."
After all, Principal Ding had provided ample funding for the Culture and Sports Department to handle the related affairs for this event.
"Good, I’m looking forward to seeing the results."
Ding Yue nodded slightly and said with a smile.
After Director Xiong Yang quickly concluded his work report, he left the Principal’s office to carry on with his busy schedule. This semester, Director Xiong Yang had placed all the usual cultural and sports work activities second to hosting the National University Sports Games.
Once Director Xiong Yang had left, An Yujia stood up from the sofa and approached Principal Ding’s desk.
"Miss An, please take a seat."
"Thank you, Principal Ding. Are you looking at Feiyue Group’s first-quarter financial report?" An Yujia noticed the financial report in Principal Ding’s hands.
"Yes."
Ding Yue nodded, "This quarter, our Feiyue Group can be said to have soared as high as ninety thousand miles."
Before this quarter, which is before January of this year, the combined assets of Mist City Arts and Science University and Feiyue Group hadn’t even surpassed 100 billion yuan.
That was because although there were many industries, the scale of the industries had not been expanded, and a significant portion was still supported by the graphene industry.
However, after the Feiyue Future New Energy Vehicles presale began in January, Feiyue Group’s finances skyrocketed, presenting a steep upward trajectory.
From assets worth less than 100 billion yuan to several hundred billion yuan, all it took was a single quarter.
This goes to show just how successful Feiyue Future New Energy Vehicles had been. Now, on the domestic roads of Mist City, one could increasingly spot the sci-fi-looking Feiyue Future New Energy Vehicles in circulation, most of them not yet registered with license plates, as plenty of owners had only just picked up their cars and hadn’t had the chance to obtain their plates yet.
Which car owner in the country doesn’t love Feiyue Future New Energy Vehicles now?
Compared to the Feiyue Future New Energy Vehicles, the same-priced BBA brands, namely Mercedes, BMW, and Audi, had no competitive edge.
However, fortunately for Mercedes, BMW, and Audi, their main sales still revolved around gasoline vehicles; otherwise, they would probably be overwhelmingly outperformed by Feiyue Future New Energy Vehicles in the domestic market.
"Yes, Principal Ding, following the launch of our Feiyue Future New Energy Vehicles, Feiyue Group’s assets have achieved a qualitative leap," An Yujia said, full of praise. "And Principal Ding, Feiyue Group has not yet gone public, but we already own assets worth over 100 billion yuan, which is already quite impressive."
An Yujia had never encountered such a company with huge potential for growth in Xia Country, nor could she easily find such a formidable company abroad, a company that rocketed from assets below 10 billion to over 100 billion yuan in just a few years.
Looking at businesses globally, some grew from several billion to a few hundred billion, some remained at a few hundred billion from the past till now, and some had even gone bankrupt.
As a business professional, An Yujia felt fortunate that she had chosen the right company from the beginning.
Feiyue Group deserved her trust and deserved her lifelong dedication of energy.
"Going public?"
Ding Yue heard this and suddenly gave a faint smile before shaking his head and saying, "Miss An, let me put it this way, Feiyue Group doesn’t need financing, we don’t need to go public to raise money. We will run a solid business. It’s the same thing I’ve said before—with Mist City Arts and Science University as the cradle of talent, then Feiyue Group as the stage for display, I believe that one day, both the world’s top universities and the strongest enterprises will be ours."
When Principal Ding used to say this, An Yujia didn’t really believe it. She just felt that this ambitious young Principal Ding liked to talk big, or had goals, but these goals were just too difficult to achieve.
But now it was different.
Judging from the development speed of Mist City Arts and Science University and Feiyue Group in the last few years, An Yujia had come to fully believe that Mist City Arts and Science University had a chance to become one of the top universities in the world, and Feiyue Group also had the opportunity to become the strongest enterprise globally!
However, those super strong companies with a market value of over a trillion globally have gone public, because going public allows more people to buy shares of the company, thereby obtaining more funds to develop themselves.
An Yujia had just heard that Principal Ding seemed not to want Feiyue Group to go public. If that was the case, Feiyue Group would only be able to rely on its own funds for development.
At present, it appeared that Feiyue Group didn’t need to worry about the issue of funds for a while.
After all, fields like graphene batteries and new energy vehicles had already contributed over 100 billion in net profits to Feiyue Group. When calculating costs in terms of technology, factories, labor, publicity, sales, and so on, Feiyue Group’s net profit margin was very high.
"I believe it too," An Yujia said with determination in her eyes.
"Hahaha, alright, let’s not discuss this anymore. Tell me why you are here?" Ding Yue laughed, then proceeded to ask An Yujia about the matter at hand.
"Ah, oh right, Principal Ding, Forbes Magazine contacted me, saying that they’re planning to include you in the Forbes Rich List, and they need to consult our opinions, as well as gather some data on your personal assets."
An Yujia spoke immediately after regaining her senses.
Lately, An Yujia’s most important task was to deal with the financial statements for the last quarter, and she had already taken care of that and forwarded them to Principal Ding, so she shouldn’t have come to disturb him.
But!
This morning, An Yujia received a call from Forbes Magazine. According to Forbes, Ding Yue, the Chairman of Feiyue Group and the Principal of Mist City Arts and Science University, through his earnings in fields like medical health robots, graphene batteries, Feiyue Future New Energy Vehicles, and Feiyue Media, gaming, animation, and other areas in recent years, had an estimated wealth that had reached tens and even over a hundred billion.
Anyone reaching this level of personal wealth was bound to make it onto the Forbes Rich List, especially someone from Xia Country who had achieved such a feat in such a short time at such a young age. Naturally, Forbes Magazine wanted to keep a close watch on this young billionaire.
"Now, it seems the whole world likely knows my wealth has skyrocketed."
Ding Yue smiled mildly and nodded, "Alright, let them go ahead with it. Just tell them that my current wealth is... 10 billion."
A wealth of 10 billion definitely defined a billionaire, and a very impressive one at that!
Because the unit behind that 10 billion was not "RMB," but dollars!
For the Forbes Rich List, billionaires with a net worth exceeding 10 billion dollars generally have a chance to be listed, not to mention a billionaire like Ding Yue with a net worth of 10 billion dollars.
In fact, Ding Yue’s wealth was much more than a simple 10 billion dollars.
billion dollars, exchanged into "RMB," amounted to over six hundred billion.
However, just Feiyue Future New Energy alone had brought Ding Yue a net asset income of over a hundred billion, and as Feiyue Future New Energy Vehicles were selling hotter and hotter, Ding Yue’s personal assets were still soaring at a rapid pace.
As long as the Feiyue New Energy Vehicles factory was operating smoothly every day, Ding Yue’s net worth would rise significantly each day.
To outsiders, Ding Yue might appear to have several hundred billion "RMB" in assets, but in reality, only Ding Yue himself knew the actual amount. This was because the cost and profit margin of Feiyue Future New Energy Vehicles were beyond anyone else’s imagination.