88: Chapter 88 Ten-Year Tax Exemption and Commitment

Each of the three ministers experienced it for themselves.

They each selected songs they liked to listen to.

But before they could finish listening, the others would interrupt and snatch it away.

Then, the minister who had it taken would snatch it back again.

The three of them were extremely excited and thrilled.

At this moment, they were like three children fighting over a toy.

Holding the phone in their hands.

With earphones in their ears.

None of them were willing to let go.

They also had to prevent it from being snatched by the others.

Snatching it back and forth.

It left Bai Jingqing, sitting to the side, somewhat speechless.

He could only let out an awkward, sheepish laugh.

"You three are high-ranking central leadership officials, after all."

"Can't you mind your image a little?"

But seeing them snatching it back and forth like this.

Bai Jingqing simply took out two more phones and two more pairs of earphones.

Giving one to each of them.

Now, each of them had a phone in their hands.

Finally, they didn't have to fight over it anymore.

After playing with them for a while longer.

The few of them probably realized their loss of composure.

At this point, Cheng Huachang cleared his throat.

He sat up straight.

His expression also became serious.

Likely trying to salvage their image in Bai Jingqing's eyes.

Zhan Ruijie said, "Little Bai..."

"I just wanted to ask..."

"Is this phone for sale?"

"I'd like to buy one."

"Right, right..."

"Are you selling this phone?"

The other two also stared wide-eyed at Bai Jingqing.

Asking with a bit of embarrassment.

Bai Jingqing raised an eyebrow and said, "This phone isn't actually due for official release yet."

"Logically, it should be launched in a while."

"But since the three ministers like it..."

"...then I'll give them to you as gifts."

"Of course, I also hope you can keep my phone a secret."

"After all, this still involves matters of trade secrets."

The three ministers nodded repeatedly, "Naturally."

Although they were trying hard to appear more solemn.

But at the thought that they would own such beautiful phones from now on.

Each of them couldn't help but break into a knowing smile.

Having taken Bai Jingqing's phones.

The three of them felt a bit awkward in their hearts.

They had to show some appreciation to Little Bai.

So, the Minister of Commerce, Zhan Ruijie, asked again, "Little Bai..."

"We've all heard about the bankruptcy of Huayao Technology."

"If you have any difficulties, you can tell us."

"We'll do our best to help you solve them."

Bai Jingqing's eyes darted around.

Thinking that this should be a great opportunity.

He immediately began to cry poverty: "Ministers..."

"You have no idea."

"Right now, I'm truly penniless."

"I even owe the bank quite a lot of debt."

"Even so..."

"...Huayao Communications is still diligently conducting various research and development."

"Doing our best to drive the development of the mobile communications industry in our Dragon Kingdom."

"But capital is indeed a major issue right now."

"I don't have any liquid capital on hand."

"I really do need your help..."

The three ministers were originally just being polite.

They didn't expect Bai Jingqing would actually start crying poverty to them.

Since they had just insisted they would help him.

They couldn't exactly turn a deaf ear to his pleas now, could they?

So, Zhan Ruijie made a decision himself: "How about this..."

"According to our previous plan..."

"...didn't we say that if you won the award, we'd give you a three-year tax exemption?"

"Now, considering that Huayao Technology has won such great honor for the country..."

"...I will take it upon myself..."

"...to give you a ten-year tax exemption."

"How does that sound?"

Bai Jingqing's eyes immediately lit up.

A ten-year tax exemption!

Such a good thing existed?

Although Huayao Communications was just starting out.

And its turnover wasn't particularly large yet.

The taxes that needed to be paid were already quite staggering.

Once Huayao Technology expanded its scale further in the future.

How much profit would this ten-year tax exemption bring him!

He hoped these ministers wouldn't regret it when the time came.

However, Bai Jingqing acted as if he were deeply pained.

Clutching his chest with one hand, he said, "Ministers..."

"As an enterprise of the Dragon Kingdom..."

"...but being unable to repay the motherland through taxes..."

"...I truly feel deeply pained!"

"But there's no other way."

"Huayao Communications is indeed quite short on money right now."

"If we can truly obtain a ten-year tax exemption..."

"...I believe Huayao will walk more steadily and further!"

"I thank the three ministers here and now!"

The three ministers were all a bit speechless.

This Bai Jingqing really was...

...acting like a spoiled child after getting a bargain.

Just a moment ago, you were here crying poverty.

Now that we've given you a tax reduction.

You're actually acting pained about it.

The Minister of Science and Technology, Cheng Huachang, patted Bai Jingqing on the shoulder and said, "Little Bai..."

"It's fine, just enjoy this preferential policy with a clear conscience."

"You've already brought glory to the country."

"You've already made a great contribution to the nation."

"Also, since you're short on cash right now..."

"...the tax exemption alone won't increase the cash in your hands."

"So I can also help you apply for an Innovation and Entrepreneurship Fund."

"Of course, it's just a trial application."

"It might not necessarily be approved."

"But I'll do my best to try."

Bai Jingqing was so moved that tears welled up in his eyes.

Being able to obtain support from the high-level officials.

Now, Huayao Communications had truly and completely gained a firm foothold.

No matter who it was, knocking down Huayao anytime soon would be nearly impossible.

Bai Jingqing immediately patted his chest and made a promise: "Ministers..."

"I am very grateful for your kindness."

"And here, I also promise you..."

"...that Huayao will never register any company in the Cayman Islands for tax avoidance!"

"At the same time, Huayao will never go public!"

"I want to ensure that control of the company remains in my hands forever."

"To ensure the company will never be controlled by foreign forces."

"If one day I break my promise..."

"...you may use any means to punish me!"

These words were incredibly moving.

The three ministers couldn't help but clap and cheer.

With such an enterprise.

Why worry about the mobile communications industry of the Dragon Kingdom not flourishing!

The Minister of Industry and Information Technology, Zhan Ruijie, couldn't help but give a thumbs up.

He felt that although this young man was young.

His ideological awareness was very high.

And his vision was very broad.

Currently, there are indeed many domestic companies that, in order to avoid as much tax as possible...

...register their companies in the Cayman Islands.

Although this is permitted by law.

This situation vividly exposes the faces of those businessmen pursuing maximum profit.

However, Bai Jingqing guaranteed them.

Saying that he would never register any Huayao company in the Cayman Islands.

What kind of patriotism and devotion was this!

Moreover, mobile communications are actually very closely linked to national security.

Bai Jingqing guaranteed them here that Huayao Technology would never go public in the future.

Keeping full control of the company in his own hands.

This was even more of a show of loyalty to the country.

With the continuous development of science, technology, and network technology.

Network information security will become increasingly important.

For Bai Jingqing to dare to make such a promise at this time.

It couldn't help but make the three ministers look at Bai Jingqing with even more admiration.