Actually, there is no need to give away most of it. Xu Lin's inco is different from other people's companies. Other companies have a revenue of over 25 billion, which sounds like a staggering and scary number, but in reality, various costs need to be deducted, such as equipnt costs, employee costs, and taxes.
So what is the actual profit? That's hard to say, and the profit margins differ depending on the industry.
Xu Lin is currently in the gaming industry, which is considered a high-tech and internet business. In these two industries, the net profit margin is generally between 15% to 30%, or like JD, which operates self-owned logistics and has to support millions of employees, their net profit margin is less than 5%.
But Xu Lin is different; he doesn't have so many miscellaneous costs, so his net profit margin can reach an exaggerated 60% or more.
The older sister roughly estimated and continued, "Then there could still be many left in the end."
"It is possible, but in the first half of this year, I want to get my artificial intelligence out. At that ti, I might have to burn at least 10 billion, or more than 20 billion."
"That much?"
Chi Linyue was even more shocked because this already involved areas she completely did not understand,
"Yes, that much is needed, it's quite complex. At that ti, I will need a lot of equipnt support. It requires a lot of money, another big sum."
"If it goes well, when my artificial intelligence is ready, I can start a company later and expand my business."
Xu Lin briefly ntioned this to her.
The industries involving artificial intelligence are nurous, like robots, phone and computer systems, smart driving, and so on. There are countless options, and Xu Lin can revolutionize whichever field he enters.
Of course, he has to ensure his own interests before entering.
The world is not as simple as he imagined. You want to make money, and so do others. People are profit-seeking beings, which ans this world will be very complicated.
Xu Lin added, "If things go smoothly, I can open a company in Qionghai next year, and also start one on the private island here. I haven't figured out the specifics, so I'll take it one step at a ti."
With the closure of Qionghai, it is a tax-free zone, and opening a company there can enjoy many favorable policies, so Xu Lin will establish a company here — it will serve as the main company.
And the one on the private island will be a branch.
Xu Lin intends to let Chi Linyue and Pei Danqing each manage one, while he handles major decisions from behind the scenes.
After all, as the core, he has more matters to deal with. He doesn't need to manage routine affairs.
The two of them talked quite a lot.
During the day, Xu Lin stayed in the office and didn't leave.
He had takeout for lunch, and after work in the afternoon, he spent the evening with Chi Linyue.
He only left the next day.
At noon, Xu Lin drove to Fuda University to pick up Shang Wanjun.
Shang Wanjun was preparing to move into a new house, but many pieces of furniture and appliances hadn't been bought yet.
She didn't have classes that afternoon, so she planned to buy furniture and appliances and asked Xu Lin for help in picking them out, and to take him to see her new ho.
Shang Wanjun was dressed quite simply today, in a regular jacket, flared jeans, and a pair of sneakers. Compared to her previous elegant style with long skirts and high heels, today's casual outfit had a unique charm.
"When exactly are you planning to move in?"
After getting in the car, Xu Lin asked her.
"March 2nd, I think."
Shang Wanjun replied while fastening her seatbelt, "I'll treat you to a feast then."
"Do your family know about you buying a house?"
"I haven't told them. My mom is quite nagging and strict. If she knew, she would co to my house every day. Plus, she's been urging to get married, which is really annoying."
"Being alone in peace isn't bad either."
Parents' nagging is probably one of the biggest annoyances for people in this country, especially starting from their twenties.
Xu Lin: "Let's have sothing to eat first."
"Mm."
They just had a simple lunch.
Afterward, the two of them went to the furniture mall and also bought so appliances there.
On this trip, Shang Wanjun spent 680,000 on various bits and bobs of furniture and appliances.
Because so furniture and appliances are truly expensive, like the mattress that costs over 40,000, the TV over 40,000, and the fridge over 20,000, for example.
When it cos to spending, both Shang Wanjun and Xu Lin share a similar attitude — they don't treat money like money, if they like it, they buy it.
Of course, that only works if you have money.
Shang Wanjun currently has over a million on her.
In life, the biggest expenses are a house, followed by a car.
Shang Wanjun already has a house and a car, and plans to save the rest. As for investnt, she is not interested, as chasing wealth is not her dream.
So, Shang Wanjun is actually financially free, and next is to wait for her Ph.D. graduation, then beco a teacher at a university, to work and enjoy life simultaneously.
Shang Wanjun had discussed this kind of lifestyle with Xu Lin.
After purchasing the furniture and appliances, the furniture mall imdiately began delivery and installation services.
After all, Jiangdu is a super first-tier city with very high efficiency.
At 4:00 PM, Xu Lin and they arrived at the house; the craftsn also arrived imdiately.
So next, there were sixteen people who ca to install the TV, washing machine, dryer, fridge, sofa, etc.
They continued working until 7:00 PM.
Finally, the craftsn all left.
Now, all the furniture and appliances were completely set up.
As for the small items, Shang Wanjun could handle those herself later.
"Xu Lin, thank you for your help today!"
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