Chapter 49: Chapter 49 Maternal and Infant Brand
 

This has always been something Lin Yi struggled with, he wanted to spend more time with his baby as they grow, yet he didn’t want his parents to work too hard every day.

But now he couldn’t just ask his dad to put the company projects on hold, could he? He knew his father had built the company from the ground up, so it was his life’s work!

The company might not be very big, but after all, it had experienced many difficulties and challenges, and had weathered many storms!

Although the company was facing some difficulties, Lin Yi still couldn’t make certain decisions for his dad.

Lin Yi replied without hesitation, “Mom, I understand everything you’re saying, and I take it all to heart. But before we go any further, there are some things I need to tell you, and then you can help me decide.”

He paused, then said very earnestly, “Mom, I’m now a shareholder in a mother and baby brand, holding as much as ten percent of the shares! And as you know, the industry is doing quite well these days with an overall upward trend, so I’m not worried about not making money.”

“Which mother and baby brand? Does Mother Lin know?” asked Lin Yi’s mother curiously.

“Fubao Baby,” Lin Yi blurted out.

“Ah?” His mother was startled upon hearing this, “Fubao Baby? How could I not know about it? Its market value is in the hundreds of billions!”

“Do you really hold ten percent of the shares???”

“As far as I know, Fubao Baby is a brand that has risen rapidly in recent years. The state has introduced policies to support the three-child policy, lifting some enterprises. It is one of them!”

“So, are you saying you started investing in this enterprise while you were still in college?”

At this point, besides being astonished, Lin Yi’s mother remained astonished!

Ten percent of the shares! What did that entail?

At a conservative estimate, that’s worth at least a billion, right??!

A billion! To put it mildly, that’s more money than she and Father Lin could earn in their entire lifetime! Even if they sold all their family assets, it would only be a drop in the bucket!

After hearing his mother’s words, Lin Yi suddenly felt panicked, not expecting his mother to be so knowledgeable!

His brain whirled rapidly, his speech mumbled and unclear.

“Ah? Well… I started a business with some friends at the beginning, there were just a few of us, but over the past few years, we’ve grown and become a team. The performance of recent years has been pretty good, with a large initial investment, later on, many people approached us for partnerships and franchises. We’ve made tens of millions just from franchise fees alone!”

“With so many franchises, business became easier; everyone needed to get their supplies directly from us, and then it just got bigger and better, with annual profits exceeding my expectations. Now, my personal dividends have already reached over a hundred million!”

In order not to let his mother realize that he had made up his entrepreneurship history, Lin Yi spoke vaguely, and business was like that after all, apart from relying on one’s own hard work, so much depended on opportunities, and he believed his mother would understand him.

Besides, the ten percent of the shares he now held were solid and beyond any doubt. As for the process of his own entrepreneurship, that was not so important. Therefore, he said he hadn’t been heavily involved in the whole process, and it was his good friends who had been supportive.

After listening to her son’s explanation, Lin Yi’s mother slapped her thigh and exclaimed, “I see! You should have told us about it earlier! At that time, our business was on the rise, and we still had some money, much better than now. Well, thinking about it, the future belongs to the young. The methods your dad and I used to start our business were bound to become obsolete. It’s for this reason that your dad has been wanting you to take over, considering this as well.”

Lin Yi nodded and said earnestly, “I understand, Mom. But you don’t have to worry about me being jobless now; my income is very stable, and I have enough energy to raise the baby. If you or Dad’s company faces any issues, you can come to me anytime. If there’s a need for money, I can provide it, drawing out tens of millions at a time is not a problem.”

“Oh, and I bought a villa for Vivi. Just bought it today.”

Lin Yi’s mother’s face showed surprise once again, “Ah? You bought another villa? But this one is really good! It’s enough for the whole family to live in, why another purchase?”

It seems Lin Yi’s mother hadn’t had a heart-to-heart in a long time and was completely unaware of how capable her son had become, now a billionaire with even two villas to his name!

Lin Yi nodded and said slowly, “Although we already have a villa, I thought it would be nice for our whole family to live together in the future, where the kids could have their own bedrooms, right?”

“Moreover, the new villa is much larger than this one, almost 900 square meters!”

Lin Yi’s mother’s eyes widened once again as she asked, “Ah? Over 900 square meters? That’s huge! Son, when did you become so rich? Tell me, where have you chosen this villa?”

Lin Yi smiled and said mysteriously, “You might not believe it if I tell you; I chose the New Vista Gardens, number three!”

Mother Lin was suddenly at a loss for words!

New Vista Gardens???

That’s a residential area teeming with wealthy people! To own a villa there, especially one that’s 900 square meters, would likely cost over a hundred million!

“You sneaky kid! If it weren’t for our chat today, you would still be keeping this from me! You’ve actually made so much!”

Mother Lin covered her mouth in disbelief, her eyes full of unspeakable emotions!

“Oh, Mom, there’s still so much you don’t know! My investments are not few, this is just a part of them, but I can’t reveal everything for now.”

“Ah? You’ve made other investments too?” Mother Lin was now overwhelmed with excitement!

Now that Lin Yi had explained his work and financial status to his family, and with more rewards from the system to come, he decided to hold back some information for later.

Besides, after counting his savings, he figured he had at least tens of millions, which certainly bolstered his confidence.

“So now, I just want you and Dad to understand my situation, bottom line—I’m not short on money. And if you both need anything, I can transfer funds anytime to help Dad’s company through this crisis. You’ve never been clear about the issues the company has been facing lately, so I thought you and Dad had solutions and didn’t step in to help. But I’ve come to realize recently that the situation is different from what I assumed.”