How can I justify myself as a Magnate if I don't indulge myself? Chapter 569 - 261: Spend the Least Money to Gain the Greates

"Go ahead, go ahead."

The three also responded with smiles.

Gu Heng slightly adjusted his slightly wrinkled clothes and stepped onto the stage.

"First of all, thank you once again for taking ti out of your busy schedules to attend the founding ceremony of IDE Group."

"As for the founding ceremony, I haven't prepared a speech in advance, so let just say a few words off the cuff.

To and all employees of the group, IDE Group is a significant matter, but for the whole society and Hua Country as a whole, it's but a trivial event, so I am extrely grateful to have the attention of the three leaders, who took the ti to co in person and offer their congratulations.

Since the leaders are giving it importance, I too must set a good example.

IDE Group was established in March this year, and it's been just over half a year. We could grow to the current scale thanks to the national policies and the hard work of our group's employees.

Therefore, to give back to the employees and repay the country, I hereby make the following commitnts."

"Every employee of the group will have their basic salary increased by 20%, whether they are entry-level staff or senior managent on the board of directors, no exceptions!"

"My second commitnt is that any industry under IDE Group will never prioritize profit! Instead, it will operate with the core goal of promoting social developnt. In industries that touch on people's livelihoods, such as IDE Construction Engineering, IDE dical Company, and IDE Education Industry, the annual profit margin will not be allowed to exceed 5% of gross profit! Any excess will be used to establish a charity fund to support the corresponding industry.

For instance, any profit exceeding 5% from IDE Construction Engineering will be used in full to help the people in remote mountainous areas solve their housing problems, the excess from IDE dical Company will go to address the dical difficulties of impoverished individuals, and the excess from IDE Education Industry will be used to solve education issues for children in remote mountainous areas!"

"Moreover, as I previously promised to Mr. Chu, IDE Group will set aside 10 billion in funds to establish a charitable foundation with Hushang Governnt. This charity fund will assist anyone in need across the country! And all inco from the Hushang Global Financial Center, after deducting operational revenue, will be donated entirely to the charity foundation, with no personal profit taken!"

"I hope everyone will hold accountable. If one day I, Gu Heng, break this promise, then I will sell the entire company and never appear in public again!"

After speaking, this ti the applause was thunderous...

They had seen charity work before...

But never charity carried out with such ruthlessness...

Taking only 5% of the profits from the company he had worked so hard to establish, and donating the rest to charity...

More importantly, Gu Heng was not exploiting his employees; their welfare was still far superior to that of other companies...

Wasn't this a thousand tis stronger than that glass seller Cao Wang, who did charity with the blood and sweat of his employees, through exploitation?

Maybe they didn't support Gu Heng's approach, but it didn't prevent them from respecting him.

The three tycoons were also sowhat shocked by Gu Heng's speech...

They really did want Gu Heng to set an example, but wasn't this example a bit too ruthless? Wasn't his enlightennt even higher than theirs?

As for Gu Heng, listening to the applause and seeing the admiring faces below, a hint of a smile appeared on his face...

If it were any other businessman, doing this would be a death wish...

But he was different...

The money from the system was enough for him to spend for ten lifetis...

The company's profits, compared to the rewards from the system, were negligible. Using this small amount to seek the greatest fa, and to have these tycoons rember him, to safeguard his future, was simply too valuable...