Chapter 538 The youngest billionaire?
It was the end of June when Chuangzhi Technology completed the purchase procedures for Building C of Jingfu Software Park.

Starlight Game Studio has moved from Chuangzhi Technology's office building to Changxin Building. Zhou Jing decided to completely separate Starlight Game Studio from Chuangzhi Technology Co., Ltd. and register a separate game company.

Zhou Jing is the helmsman of Ideal Technology and has his own mobile phone brand. It is somewhat inappropriate to set up a game company under his name, especially with games like Call of Duty. It is easy for people who don't like Ideal mobile phones to have antipathy towards the games of Zhou Jing's game company.

After thinking about it, Zhou Jing decided to register the game company under Qin Zhengyu's name. Qin Zhengyu was originally in charge of the game development work of the game studio.

On June 25th, Tangdu's college entrance examination results were released. My cousin Wu Yuan scored less than 600 points and applied for Central University of Finance and Economics as her first choice. On Friday, July 1st, Wu Yuan and Wu Suqin went to BJ together. They took the train and arrived in BJ at around 9 o'clock in the morning on July 2nd. Zhou Jing drove to the train station to pick them up.

"Brother, the train station is so big."

Wu Yuan was very excited as she was carrying a lot of bags and visiting the capital for the first time in her life.

"Is it as hot as at home?"

Zhou Jing put his cell phone in his pocket and helped get things.

"Almost. Is it far from where you live?"

Wu Yuan looked around and calmed down. She felt that the Capital Railway Station was no different except that it was big.

"It took more than half an hour to drive." Zhou Jing looked at the luggage in his mother's hand and said, "What did you bring?"

"This small box contains eggs, this one contains some vegetables, and the rice noodles are in Yuanyuan's bag. When should we start giving Zhou Zhou rice noodles?"

Wu Suqin put down her things, wiped the sweat from her forehead and said.

"He's five months old today. Let's give him a try tomorrow. Zhou Zhou has a good physique and could have eaten complementary food last month."

When the child was four months old, Zhou Jing and Gu Jia took him to the hospital for a check-up. The doctor said that after four months, he could be fed a small amount of complementary food. Gu Jia had enough milk, so she was not in a hurry to feed the child complementary food.

"Do you only give rice porridge as complementary food?"

Wu Yuan said with a smile.

"Eat rice paste first, and then add vegetable paste in a few days, and then slowly add pumpkin paste, potato paste, etc. Have any of your classmates signed up for BJ?"

When he got to the car, Zhou Jing opened the trunk and put his things in.

"Yes, I do, but I'm not very familiar with him. He's applying to Communication University." Wu Yuan looked at the BMW in front of her and said, "Wow, how much is this car?"

"Less than 1.2 million."

Zhou Jing said with a smile.

Wu Yuan noticed the license plate and said, "This is a million-dollar luxury car, Beijing C. My brother said that you can only use the license plate where your household registration is located. Is your household registration in Beijing?"

"I settled here in March. Did your father pass the driving test?"

Zhou Jing got in the car, turned on the air conditioner and said.

"He passed the first part, but I can't help him with the second and third parts. I'll teach him after he takes the fourth part. I heard that if he enrolls in a university, he can transfer his household registration there. Is that possible, BJ?"

Wu Yuan asked her aunt to sit in the front, and Wu Suqin asked Wu Yuan to sit in the front, so Wu Yuan sat in the front.

"No, BJ is not an option. It's hard to get settled in BJ. It will be easier if you want to get settled in. Come to my company after graduation."

Zhou Jing is not keen on BJ household registration. If it were not for the convenience of Chuangzhi Technology's development, he would not have settled there.

"I don't know either. It's too far from home. What's the benefit of joining the BJ account?"

Wu Yuan knows nothing about all this now. She is homesick and originally did not want to settle down in another place. But the situation is different now. She has a cousin in BJ to take care of her. If settling down in BJ is conducive to her development, she can settle down there.

"BJ has good education and many job opportunities. People with BJ hukou can buy a house directly, while non-BJ hukou holders can only buy a house if they have paid social security for five consecutive years."

Zhou Jing said with a smile.

"Forget about buying a house. It will take a long time to buy a house worth several million."

Wu Yuan sighed and could only think about BJ. BJ's salary was high, so she could work in her cousin BJ's company for a few years and then transfer back to Tangdu's company, which seemed like a good development.

"We bought an empty house near where we live now. It's not far from the company either. You can live there after you start working."

Wu Yuan is Zhou Jing's only cousin, so he definitely can't let her be homeless in BJ.

Wu Yuan said: "You and sister-in-law also bought a house?"

"They bought a villa. Your brother just wants to spend money."

Wu Suqin said that she had no intention of showing off, but she felt helpless about her son's behavior of buying houses and even buildings at every turn. He bought office buildings worth hundreds of millions or even billions of dollars without any hesitation. Now he has two office buildings in Tangdu, and BJ bought another one. It seemed that he wanted to buy the entire city.

"Wow, how much does a villa in BJ cost?"

Wu Yuan found it hard to imagine what it meant to own a villa in the capital. An average person could not even afford an ordinary house in BJ even if they worked hard all their lives, let alone a villa. Perhaps only people like her cousin could do that.

"30 million or so, buying a house is an investment, and it has increased by nearly 1 million from May to now."

Nowadays, Zhou Jing buys real estate without hesitation. The villa at Diaoyutai No. 7 cost about 30 million yuan when he bought it, and its price increased to more than 200 million yuan ten years later. It was a profit no matter how you calculate it.

"In the past two months, the price of two houses in Tangdu has increased by almost as much."

Wu Yuan learned a new lesson: it is too easy for rich people to make money.

"Tangdu's housing prices will only rise in the next ten years, not fall."

"."

Gu Jia came downstairs to pick him up in the community, and Zhou Jing slowly stopped the car in front of her.

"My sister-in-law is getting more and more beautiful."

Wu Yuan said as she got out of the car.

"Why, what does it feel like to graduate from high school?"

Gu Jia said with a smile.

"I'm finally free. The three years of high school were so torturous. I envy my sister-in-law's skin so much."

Gu Jia is 30 years old, but her skin is better than Wu Yuan’s who is 18 years old. Moreover, Gu Jia gave birth to a child this year, but she doesn’t look like a woman who has given birth. Wu Yuan thought that Gu Jia must have used particularly good skin care products.

"At best, I'm thirty."

Looking at the eighteen-year-old girl who was in the prime of her life, eighteen was such an enviable age. Gu Jia sighed softly and helped to get the things.

"Jia Jia, take this."

Wu Suqin gave the lightest bag to Gu Jia and took the heavier ones herself.

Zhou Jing carried the heaviest box and a package to the elevator and waited for everyone to come in before closing the door.

"coming."

The meal was ready at home, and Gu's mother went out to greet them, carrying the child.

"Hello, Auntie. You are so cute. Even cuter than in the photo. Is the child shy?"

Wu Yuan greeted Gu's mother and looked at the child in Gu's mother's arms. The child had delicate skin and tender flesh, and watery eyes, making people want to touch him.

"I'm not scared. This is my aunt. Do you remember grandma?"

Zhou Jing put down his things, picked up the child and said.

"Ho~"

The little girl was not intimidated by the unfamiliar face, but looked at the person curiously.

"You probably still can't speak, right?"

Wu Yuan gently held the child's hand and said, "She can barely call dad and mom, and call her aunt, aunt."

Gu Jia looked at the child and said.

"jio, hu."

The little girl studied in a baby voice.

"You're so smart. Can you give me a hug?"

Wu Yuan opened her hands and said.

Zhou Jing carefully placed the child in his cousin's arms.

Wu Yuan has held other people's children before and knows how to hold a child, supporting the child with one arm and protecting the child with the other arm.

"You're so cute. You've grown so big in just a few months?"

Wu Suqin touched her granddaughter's face. She had finally seen her after two months of longing for her.

"Call grandma."

Gu Jia said while holding the child's feet.

"Nane, eh~"

The little girl stuck out her tongue and bit her lip while smiling.

"So cute."

Wu Yuan can't let go of her children.

After resting for a while, Gu Jia took the child to the bedroom to feed.

Zhou Jing took care of his cousin and mother while they washed their faces and had dinner. Gu Jia fed the child and put him in the stroller and pushed him to the dining table.

"Mom, take a good look around BJ this time and sign you and Yuanyuan up for a tour group. You and I will go back to Tangdu together next Friday."

Zhou Jing said to Gu's mother.

Mother Gu said, "Just sign Yuanyuan up for a tour group. I'll rest at home for a few days."

"Then I don't need it either. The weather is so hot that it's not suitable for traveling."

The weather was hot in July, and Wu Yuan was waiting for the admission letter and had no mood to travel. After being admitted to Central University of Finance and Economics, she had plenty of time to hang out in BJ, and she was more comfortable surfing the Internet at home in the hot summer.

"baba, mama, he!"

The adults were eating and chatting, but the little girl seemed unwilling to be lonely and smiled coquettishly at Zhou Jing and Gu Jia.

"You're yelling so sweetly, how do you feel, brother?"

Wu Yuan felt it was amazing that the five-month-old baby was so soft and tender.

"My ears feel like they're being scratched by her hands." Zhou Jing washed the chopsticks in the winter melon soup and passed them to the child, "Try it."

The little girl licked the chopsticks, smacked her lips and bit the chopsticks.

"I have a good taste for rice, but I don't know if I like rice noodles. I'll try it this afternoon."

Gu Jia looked at the child and smiled.

Zhou Jing looked at his mother and asked, "By the way, is there any insect repellent added to the rice used to make rice noodles?"

"No, I husked the rice a few days ago. I planted pumpkins, radishes, and potatoes at home. The pumpkins are so big now, but they are too tender and tasteless."

Knowing that she was feeding her child, Wu Suqin went to the grain processing station to grind millet. She then went home, washed and soaked it in water, and then ground it with a mill. She filtered out the rice residue with a sieve and dried it to make pure green millet flour.

"It's enough to have rice noodles first."

When Zhou Jing was a child, he ate a lot of rice porridge, pumpkin, carrots, potatoes and other local specialties grown in his hometown. He thought it was because he was poor when he was a child and could only eat coarse grains. It was not until he had children and learned about the complementary foods suitable for children that he realized that what he ate when he was a child were all fine grains of the highest quality. No wonder he rarely got sick since he was a child.

As far as Zhou Jing could remember, he had never been on an IV drip.

After eating and coaxing the child for a while, Zhou Jing went to the study, turned on the computer and did some work.

The second quarter has ended and the company is doing quarterly settlement. The financial report has not yet come out. Based on big data, we can roughly know the company's quarterly operating conditions.

The revenue of Chuangzhi Technology Co., Ltd. increased steadily in the second quarter. In addition to the projects the company took on, the games it developed brought in sustained and growing revenue. With the rapid popularization of smart phones in China, the number of players of games such as Happy Elimination, Rhythm Master, and Save the Dog is also increasing rapidly. The number of active users of the website Momo has exceeded five million.

For the entire second quarter, Chuangzhi Technology's revenue was more than 220 million yuan and its net profit was more than 80 million yuan, which does not include Chuangzhi Technology's contribution to Ideal Technology.

Ideal Technology's second quarter far exceeded Zhou Jing's expectations. Ideal's traditional mobile phones were promoted by the company as Bluetooth mobile phones. Ideal Bluetooth mobile phones and Bluetooth speakers were launched in March and sold well in China in April. Sales experienced explosive growth in late April. From April to May and June, a total of more than 82 million mobile phones were sold, and more than 100 million Bluetooth speakers were shipped. A large portion of the Bluetooth speakers were given as "gifts" with mobile phones, and more than 3 million power banks were sold.

In terms of financial reports, Ideal Technology's revenue in the second quarter was more than 50 billion yuan and its net profit exceeded 20 billion yuan.

Entering the third quarter, the sales of Bluetooth mobile phones and Bluetooth speakers did not show a downward trend. Instead, the sales of traditional mobile phones from major manufacturers such as Samsung and Nokia continued to drop sharply. Samsung even took the initiative to transfer its backlog of traditional mobile phone hardware to Ideal Technology to withdraw from competing in the traditional mobile phone market.

Domestic copycat mobile phones have completely disappeared, and friendly competitors that have already launched smartphones have also given up on traditional mobile phones. The global traditional mobile phone market is basically dominated by the Ideal Bluetooth mobile phone, which is inexpensive, good quality and functional. It is a god-like existence in the entire history of mobile phones. It's just that traditional mobile phones are in their twilight years, with sales volume falling sharply every month, and Ideal mobile phones cannot save traditional mobile phones.

The more they earn, the more they spend. In the second quarter, Zhou Jing bought three villas, Tangdu added an office building, BJ bought an office building and a house, and built a chip design company in Tangdu at an investment of more than 1 billion yuan. The expansion project of Ideal Technology is expected to cost nearly 1 billion yuan. Two research institutes were established with Tangdu Jiaotong University and Tangdu University of Electronic Science and Technology. The R&D team of Chuangzhi Technology Tangdu branch and the R&D team of Ideal Technology, etc., have a total expenditure of more than 6 billion yuan.

Looking at the bill, Zhou Jing deeply realized what it meant to spend money like water.

By the way, there is also personal financial management. Zhou Jing opened the stock market to calm his nerves. In the second quarter, he maintained a principal of 1.5 billion, and earned over 1.6 billion in three months.

If Zhou Jing stopped here, the money he earned this year would be enough to last him ten lifetimes.

Zhou Jingwei is making plans for the future. His goal for the second half of this year is to launch smartphones. If smartphones take off smoothly, he can make further large-scale arrangements by the end of this year or early next year.

After estimating the second quarter financial report, Zhou Jing looked up the changes in the total global sales of traditional mobile phones from last year to this year on the Internet. Excluding copycat phones, more than 11 billion traditional mobile phones were sold worldwide in , with Samsung and Nokia each selling more than million units, accounting for half of the market. There are no specific data for other miscellaneous brands.

In 12, the sales volume of traditional mobile phones dropped rapidly. Zhou Jing analyzed the sales volume of traditional mobile phones in the first quarter and the first two months of the second quarter of 12 and estimated the market of traditional mobile phones in the third and fourth quarters of this year. Even if the sales volume of traditional mobile phones drops by 13 to 2.5 percent every month, there will still be a market of more than 3 million units in the second half of the year, and a market of to million units in the whole year of .

Adding the uncountable copycat phone market that was bankrupted by Ideal Technology, the traditional mobile phone market in 13 was definitely over million units, which is still very impressive.

Zhou Jing's goal this year and next year is to make smartphones a success while firmly grasping the remaining traditional mobile phone market. The profits from traditional mobile phones with small profits but quick turnover cannot be ignored.

In fact, the cost of traditional mobile phone accessories has been greatly reduced in the past two years, and the profit margin is not low. Zhou Jing plans to transfer some functions of smartphones to traditional mobile phones without increasing the cost much, such as slightly increasing the size of the phone and making the screen bigger to make the experience of playing Happy Elimination better.

The game of Happy Elimination is loved by adults, children, men, women, young and old, and foreigners.

"Brother, are you busy on weekends?"

Cousin Wu Yuan walked into the study and said.

"There is always work to be done. If you work for someone else's company and don't care about it outside of working hours, you can't do that for your own company." Zhou Jing pointed to a laptop on another table and said, "If you want to go online, use that computer."

"I'm not playing now. I heard from my brother that Ideal Company made 20 billion in the first half of the year. Is that true?"

Wu Yuan could imagine that she must worry more about her own company, and her cousin had more than one company.

"The more you earn, the more you spend. If you work in finance, you will have endless accounts to settle."

Zhou Jing showed his cousin the table of income and expenditure for the third quarter.

“I have no idea about any profession other than accounting or law.”

Looking at the list of expenses and incomes of hundreds of millions or even billions, Wu Yuan had some understanding of Zhou Jing's company. Before she knew it, this cousin had become a billionaire.

"Brother, are you the youngest billionaire in the country?"

Thinking that her cousin was not even 25 years old, Wu Yuan admired him even more.

"do not know."

(End of this chapter)