The reason why Ye Chen wants to hold the grand ancestor worship ceremony once a year is to continuously strengthen their loyalty to the Ye family through a faster frequency, and at the same time let them understand the master-slave relationship between the Ye family and them, so that they can feel loyal to the king in their hearts , and then strengthen the Ye family's control over them.

At this moment, a young man said, "I can understand that the ancestor worship ceremony is held once a year, but why do we have to come to Yanjing every three months to report on our work?"

Ye Chen asked him back: "You are taking Ye family's resources and earning money from Ye family. I ask you to report on your work every three months. Do you have any comments?"

The young man hurriedly said: "Our family has already emigrated overseas, and these years have gradually shifted the focus of our business. At present, our overseas business has nothing to do with the Ye family."

Ye Chen nodded and asked him, "What's your name?"

The young man replied, "My name is Ye Tao."

Ye Chen nodded slightly, and said, "Okay, let me ask you, what kind of business is your family running overseas now?"

Ye Tao hurriedly said: "We produce and sell Chinese-style furniture for the whole of Europe, mainly for Chinese customers, and our production place is Romania."

Marven Ye frowned and asked, "Why do you want to produce Chinese furniture in Romania?"

Ye Tao replied: "The main reason is that Romania's timber production is very high, and their labor costs are relatively cheap."

Ye Chen asked again: "Then how many workers do you have in Romania? What is the annual output value?"

Ye Tao thought for a while and said, "We have nearly 10,000 employees in Romania, with an annual output value of about two billion euros and a net profit of about 20%."

Ye Chen nodded and said: "So, you have a net profit of 400 million euros a year just from this business."

"Yes." Ye Tao said: "A few years ago our production base was still in China, and I suggested that our family move the production base to Romania."

Ye Chen asked him: "The production base is located in Huaxia, why do you suggest moving to Romania?"

Ye Tao explained with some pride: "Originally we produced in China and sold in Europe. Although the logistics cost was much higher, because the domestic labor force is relatively cheap, the overall profit margin is even higher than it is now. I had a premonition that the European Union would continue to increase tariffs and other taxes on foreign products in the future. In that case, our products would lose all advantages in the European market, and then the profit margin would also drop sharply. Since last year, the EU has been increasing tariffs on imported furniture, and it has increased by at least 40% so far!"

Ye Chen nodded and said, "After you move your company to Romania, you will be able to avoid this kind of European tariff policy?"

"That's right!" Ye Tao explained: "When we moved our production base to Romania, we also re-registered a company in Romania, which is equivalent to turning our products into local products produced in Romania, and because Romania also joined For the sake of the European Union, the entire European market has given great preferential policies to Romanian products, so we have actually enjoyed this preferential policy.�

"With lower tax costs, our prices can be lowered, which allows us to have more sales, so the overall profit margin is also considerable. In contrast, other companies that have been producing Chinese-style furniture in China, Every company that sells to Europe has suffered heavy losses."

Ye Chen smiled and said, "It seems that you are quite good at management."

Ye Tao said confidently: "Of course, I finished my bachelor's degree at Yale University when I was 20 years old, and my MBA in two years. I have been involved in the family business since I was 18 years old. I dare not say that I am doing it." A genius in business, but definitely better than most paper entrepreneurs."

Ye Chen nodded and smiled slightly, and said: "In this case, then you don't have to go back this time, stay in Huaxia to help me, and by the way, I will also check you, whether you really have two brushes!"

As soon as Ye Chen said this, Ye Tao trembled from fright.

The reason why he told Ye Chen this was originally to let Ye Chen understand that his family's current business is not attached to the Ye family, and he does not need any resources and help from the Ye family, so he does not need to do it every once in a while. In three months, I came to Huaxia to give him a work report.

But Ye Tao never expected that after talking so much, Ye Chen would directly let him stay in Huaxia to help him.

He was so regretful that he wanted to slap himself dozens of big mouths!

Immediately, he hurriedly said with a sad face: "Mr. Ye...don't take what I just said seriously, because I'm bragging about it..."

Ye Chen asked calmly, "Oh? Really?"

Ye Tao quickly nodded his head like pounding garlic.

At this time, a middle-aged man beside Ye Tao said nervously: "Ye Chen... I am Ye Tao's father, Ye Hongyang, and I am cousin to your father. It's the idiot of 'one bottle doesn't ring, half a bottle rattles', I don't know how many times I have scolded him, telling him not to brag outside, but this kid just won't listen..." JrNovels.com