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Rebirth of Internet Hegemon

Rebirth to the year 2001. It was a rather awkward juncture in time. Tencent had risen to prominence, Alibaba had emerged, and even Baidu was raking in profits... What was the point of this rebirth? Well, if rebirth served no purpose, then why not seize the opportunity to enjoy an unambitious life of comfort? But it was a pity that Chen Yu, who had set his sights solely on living the good life, accidentally ended up dominating the world of the internet. =============== The work doesn't belong to me, I'm just a hobbyist translator doing "pro bono" work just like those novelupdates guys. Enjoy this work for free, or if you really want, you can support me and donate some through the usual platforms

Shallowman · Urban
Not enough ratings
104 Chs

What is your turnover?

"Boss Chen, are you at the company?"

"I just got back to the company."

"Great, I'll be there shortly."

"I'll come down to meet you."

"Ah, no need to come down; we'll make our way up ourselves."

Although Director Li said not to come down, Chen Yu couldn't just stay put.

"Jian Ge, we have a leader coming for an inspection later. Let's be diligent."

"Of course."

With that instruction, Chen Yu went downstairs directly.

"I mean, Old Classmate, did you say that Chen, the CEO of Universal Technology, is still in high school?"

"Why would I lie to you?"

"A high schooler running a high-tech company?"

"That's right."

"Is it some kind of shell company?"

"You'll see if it's a shell company soon. We've arrived; it's on the second floor."

Pointing to the second floor ahead, Li Yan told Qiu Guoqing.

"Hey, Chen Yu, I told you not to come down, but you..."

Seeing Chen Yu standing downstairs, Li Yan frowned.

"Hehe, you two aren't familiar with this place, so I came down to show you the way."

"I didn't expect you to be so resourceful. Come on, let me introduce you. This is Qiu Guoqing, Director Qiu, in charge of tax matters."

"So, you're Director Qiu. Hello, nice to meet you."

"This is the Chen Yu I mentioned to you."

Introducing Chen Yu, Qiu Guoqing scrutinized him.

Chen Yu didn't feel uncomfortable and extended his right hand with a smile.

"Hehe, Old Classmate, when you said that the CEO of Universal Technology was a high schooler, I didn't believe it. But now I do. Mr. Chen, hello."

Shaking Chen Yu's hand, Qiu Guoqing praised him.

When he initially assessed Chen Yu, Qiu Guoqing's first impression was that he seemed young. However, as soon as Chen Yu spoke, Qiu Guoqing found him to be remarkably experienced. Subsequently, Qiu Guoqing kept scrutinizing Chen Yu, who maintained a composed demeanor, which astonished Qiu Guoqing.

He thought to himself, "This high schooler is indeed exceptional." Although there was nothing particularly outstanding about Chen Yu's performance, his inner calm was something the other high schoolers couldn't compare with. Even some adults lacked Chen Yu's poise.

"Yesterday, Director Li praised you quite enthusiastically, saying you're a young talent and that you've recruited many students from their school."

"Director Li was just being kind. I was just fooling around. If there's anything I'm not doing right, I'll need Director Qiu's guidance. Look, why are we standing downstairs? Please, both leaders, head upstairs."

"Haha, let's go, Director Qiu."

Li Yan laughed heartily, and, at Chen Yu's invitation, they entered Universal Technology.

"Oh, not bad at all. This office is quite bright."

Although Qiu Guoqing had seen photos before, being on-site still left him full of admiration. Regardless of the company's overall performance, in terms of hardware and facilities, it exuded a hint of high-tech enterprise ambiance.

However, it was evident that most employees hired by the company were graduates of secondary vocational schools, and Chen Yu himself was a high school student. Even if they possessed some technical skills, it was unlikely to be of the highest caliber. Yet, despite these circumstances, Qiu Guoqing held the company in high regard. The fact that a high school student could establish such a significant enterprise was truly impressive.

"Gentlemen, would you like some tea?"

"Chen Yu, I must say, you're a young fellow, yet you're so polite in your actions. We don't need tea or water. Instead, why don't you introduce your company to Director Qiu?" Li Yan remarked.

"Director Li, no need to rush; introducing the company requires time, and drinking tea is part of the process."

"Exactly, Director Li is right. Old Classmate, you see, you lack the enlightenment of Mr. Chen. Come, let's start with tea."

While sipping his tea, Qiu Guoqing examined the company.

"Do your employees get to play games during work hours?"

Observing a few employees playing games, Qiu Guoqing inquired, perplexed.

"Director Qiu, there's a misunderstanding. They're not playing games; they're working."

"Working or playing games?"

"Let me explain. We've created a website, 5173, which is a gaming website. Our primary business revolves around dealing with online games. So, when our employees are at work, sometimes they need to perform in-game operations or engage in gaming experiences directly."

"Oh..."

While not entirely clear on the details, Qiu Guoqing had a basic understanding. This was a website, and it did involve some technical aspects. However, when it came to a lack of technical skills, there wasn't much to be concerned about. Recently, the tax bureau also discussed the idea of a website, but it was more for show than for profit. The website Universal Technology was managing was probably quite similar.

With these thoughts in mind, Qiu Guoqing relaxed a bit. Chen Yu seemed to be quite clever, or else he couldn't have established this company. Yet, even if he was resourceful, in the end, he was still a high school student and probably couldn't create something with exceptionally high technical content.

"I'd like to ask, how much money did you spend to establish this website?"

"Well..."

Chen Yu was somewhat vexed by this question. As soon as Qiu Guoqing asked, he realized that the Director had little understanding of the internet. However, that was entirely normal. In 2001, whether or not one was involved with the internet, it was like navigating through unknown waters. Their lack of comprehension was expected. If they did understand, Chen Yu would have been surprised.

"Website construction didn't cost much, only a little over 10,000 yuan. The main expenses were in website management."

"Over 10,000 yuan, that's about right. Our tax bureau's website, a company approached us earlier, and they quoted a little over 10,000 yuan."

"Uh..."

Chen Yu was at a loss for words. A local website primarily used for promotional purposes couldn't be compared to his 5173. If it was indeed that kind of website, Chen Yu could create it for just over a thousand yuan. However, in their eyes, what was the difference between websites anyway?

Of course, Chen Yu wasn't a stickler for details, and he didn't have time to engage in technical discussions with Director Qiu. All he wanted was some tax incentives, and he had no intention of pulling strings. He just wanted a few tax relief policies, which were supported in various places.

As Chen Yu was contemplating how to broach the subject of tax matters with Qiu Guoqing, the Director directly inquired, "I heard from Director Li that your company is newly established and may not have a good understanding of tax matters, is that correct?"

"Director Qiu is very considerate. Indeed, our company has just been established, and we have many questions about tax matters. We've asked Director Li for help and would like to know if there are any tax incentives for companies like ours. Of course, we don't want to engage in tax evasion; we'll pay what we owe."

"Mr. Chen is right. Taxes collected from the public are used for the public; they must be paid without a doubt. Engaging in tax evasion is a clear violation of the law. However, the country indeed offers numerous tax incentives in this area. For instance, Universal Technology, we have tax relief policies for small and micro-enterprises. By the way, can I ask what your monthly turnover is?"

"Well, it's not that high, probably just a few million."

"Not that high is fine. If it's not that high, we can apply... What did you say just now? Your monthly turnover is just a few million?"

Qiu Guoqing had been about to suggest a tax exemption for small and micro-enterprises. However, upon hearing that their monthly income was just a few million, he almost spilled the tea he was holding.