To be the best leader, you must also be the strongest leader!

Chapter 1487: Reforms in Qingyun Continent (Part 2)

When Qingyun Sect decided to put twenty training spaces up for auction, Jin Dabao was fully committed to presiding over the auction.

He was very aware of the value of the cultivation space and knew that this auction had to be well arranged, so he spent some extra time.

A large number of precious treasures had been prepared half a month ago for auction.

But later Sun Yi proposed to directly start the online auction model, and directly explained the methods and rules of online auction to Jin Dabao.

After listening to Sun Yi's description of online bidding, Jin Dabao felt like a whole new world had opened up to him. This subversive bidding method directly raised the scale and number of participants of this auction to a higher level.

After discussing with Sun Yi, Jin Dabao decided to postpone the auction and then began to make various preparations.

"We'll discuss the auction later. Elder Li Tai will continue to preside over all affairs in the mortal world, and the sect's research institute will fully support him."

"Recruit more Foundation Establishment cultivators to participate in the work of the mortal world. This will speed up the construction of the mortal world."

"Okay, we will definitely speed up and try to complete the transformation of the mortal world as soon as possible." Li Tai answered seriously.

"Elder Jin Dabao, what is the current situation at the Ministry of Commerce?" Chang Qing asked Jin Dabao.

Jin Dabao's expression straightened as he slowly said, "Currently, the business department is divided into two parts. One is responsible for the overall business of Qingyun Continent, and the other is responsible for business dealings with the demon race."

"Currently, the Qingyun Continent Ministry of Commerce's subordinate departments mainly include Qingyun Communications, Qingyun Bank, Spiritual Disk Leasing, Qingyun Building and Bafang Pavilion, Qingyun Commercial Street, Qingyun Sutra Library, Qingyun Transportation, etc."

"With the changes in the Qingyun Continent's cultivation world, our sect's financial revenue is growing rapidly."

"Among them, Qingyun Communication smartphones have a very high penetration rate. Currently, the number of smartphones in Qingyun Continent has exceeded 17 million. The sales of these smartphones alone have brought our sect 340 billion in revenue."

"After deducting costs from these revenues, the net profit exceeds 200 billion."

Chang Qing nodded, then asked, "Smartphones are generally quite expensive. How are these monks accepting them?"

"Acceptance is very high, mainly due to the popularity of the previous generation of mobile phones and the powerful functions of smartphones."

"Currently, cultivators mainly connect to the internet through smartphones. It can be said that smartphones have become an essential spiritual tool for cultivators in Qingyun Continent."

"Our sect's smartphones are divided into three categories: high-end, mid-range, and low-end. The average price is around 20,000. Currently, the Qingyun Continent's economy is developing rapidly, and per capita income is experiencing explosive growth. Most cultivators above the Foundation Establishment stage have sufficient spending power."

"And Qingyun Bank has also specially developed low-interest loans and installment payment methods, so the pressure on consumers is not that great."

"Based on the current number of chief cultivators in Qingyun Continent, it won't be long before Qingyun Continent reaches saturation in smartphones."

"However, the current rates offered by Qingyun Communications are able to continuously generate sufficient profits for our sect."

Changqing listened and nodded with satisfaction. The mobile phone, as a spiritual tool, has overturned the tradition of the world of immortal cultivation. In a short period of time, it has become a must-have item for cultivators, just like storage equipment.

"What is the current rate set by our sect?" Chang Qing did not know the latest rate situation of Qingyun Communications.

Jin Dabao replied, "According to the Sect Leader's request, our sect's mobile phone plans only have two types of plans: monthly plans and annual plans."

"The monthly subscription is 300 yuan, and the annual subscription has a certain discount of 3,000 yuan. The monthly fee alone can bring our sect about 5 billion yuan in profit."

"These five billion are almost all profits, because we incurred very little cost. The main cost was the investment in building Tianji."

"Once smartphones become commonplace in the world of cultivation, our sect's monthly profit from service fees alone will exceed 10 billion, which translates to over 100 billion a year. This is basically all profit."

"If one day the number of cultivators in Qingyun Continent exceeds 100 million, and all of them are equipped with smartphones, imagine how much profit this would bring to our sect each year?"

The elders in the group are usually busy with their own affairs, but only today did they find out that Qingyun Communications under the Ministry of Commerce is making so much money.

Sun Yi once claimed that Qingyun Communications was one of the four major financial pillars of Qingyun Sect. Now Sun Yi’s prediction is becoming a reality.

"Isn't Jin Dabao's fee too high?" Elder Qingxuan suddenly spoke at this time.

Three hundred a month, three thousand a year. This amount of money is nothing for high-level cultivators, but it is not low for low-level cultivators.

"Yeah, isn't this fee a bit too high? I remember the previous fee was very cheap." Elder Li Tai also spoke.

Jin Dabao explained with a smile, "From the current perspective, the rates we set are indeed a bit high, but the standards we set are based on the Sect Leader's requirements and are based on the income level of Qingyun Continent three years from now."

"Currently, cultivators above the fifth level of the Foundation Establishment Stage in Qingyun Continent earn money by hunting demons, which is a relatively simple way. Their income is relatively high, so this amount of spending is nothing to them."

"It's true that having low-level cultivators shoulder this part of the fees will put some pressure on them, but the Sect Master has already had Qingyun Bank establish corresponding loan arrangements. Although low-level cultivators will incur some debt as a result of this, our sect has also devised many ways to help them resolve this debt, so they won't feel too much pressure."

"Don't worry, we consulted the cultivators of Qingyun Continent when formulating the fees, so there's no problem."

After hearing Jin Dabao's explanation, everyone realized that the rate was set after multiple considerations.

"In addition to Qingyun Communications, our Qingyun Bank is also developing rapidly. However, because it has only been around for a short time, it cannot bring much profit to our sect yet."

"There's also the spirit disk rental business. This time, because the battle between us and the demon clan didn't take place within the forbidden area, the cultivators' spiritual consciousness was not affected. Therefore, the spirit disk rental plan was greatly affected and it also couldn't bring much profit to our sect."

"However, as one of the four pillars of our sect's finances, foreign trade is now developing very rapidly. Currently, our foreign trade mainly refers to trade with the demon tribe."

"Currently, the four major demon tribes in the Endless Sea have secretly established trade relations with more than a dozen demon tribes, which can generate an average profit of 100 billion for our sect every month. This is not the total income, but the profit after deducting costs." As soon as Jin Dabao finished speaking, the elders in the group exclaimed.