Becoming a Russian Oligarch After Rebirth
Chapter 985 - 892: This is a Win-Win Situation_2

Chapter 985: Chapter 892: This is a Win-Win Situation_2

The three Speakers had done their groundwork in private, and according to the plan, the first faction would have eighty votes in favor, Wang Ye’s side would deliver one hundred and twenty votes in favor, Rilinov’s side would also have a guaranteed seventy, plus a scattered five from the minor factions.

This added up to two hundred and seventy-five votes.

Far exceeding the two hundred and twenty-five votes needed for passing!

Of course, the final voting result would differ somewhat from the projection, as the voting was anonymous. Some congressmen might say one thing to your face and do another, promising to vote in favor but actually casting an opposing vote when it came down to it.

This had occurred during the first vote.

The results of the second voting session proved Wang Ye’s conjecture.

In the end, there were two hundred and sixty-two votes in favor, thirteen fewer than expected!

There were "moles" indeed, but it was unclear which faction they were from, for the time being.

Fortunately, he had prepared enough votes to avoid capsizing in the gutter...

The outcome of this vote also showed to the Kremlin and Medvedev Wang Ye’s power and his influence over the Duma.

When he truly wanted to push something through the Duma, there was hardly anyone or any faction that could stop him!

Of course, if he didn’t agree, then there was no way anything would smoothly pass in the Duma...

The Second Faction, under Wang Ye’s control, and Rilinov’s Third Faction were his most steadfast reinforcements, together amassing a formidable two hundred and thirty votes, already surpassing half of the Duma’s seats!

......

After the voting results were announced, Medvedev banged the gavel "bang" and stood up to loudly proclaim,

"The vote has passed! Congratulations to Medvedev...Prime Minister!"

This time, the applause inside the Meeting Hall was notably louder than the last.

Wang Ye led the way in standing up, clapping while he conveyed his congratulations to Medvedev.

Seeing Wang Ye’s action, the Speakers, whether willing or unwilling, also stood up one after another.

The congressmen also rose to their feet.

Medvedev excitedly bowed repeatedly to everyone, muttering "dead baxi..."

Oh, he wasn’t cursing little baxi to death but thanking everyone; he was saying "thank you."

The controversy over the nomination was smoothly resolved, the Kremlin’s reputation was salvaged, and Medvedev got what he wanted, taking a great leap forward. Wang Ye subtly showcased his "muscle" and gained Medvedev’s friendship...

It could only be described as a win-win situation!

Perhaps the only losers were the Moscow Faction led by Kornov.

They genuinely didn’t want Medvedev to land this position.

Unfortunately, their power in the Duma had declined so severely that no one cared about their opinion anymore.

That’s just the nature of the political arena, where the victor takes all!

...

"Boss, our Joy City has been open for a while now, and operations have stabilized. I can finally report our results to you," said Zhang Xiaoxi over the phone, her voice filled with joy.

Without asking, it was clear Joy City’s performance must have been very good; otherwise, she wouldn’t have taken the initiative to call and "claim credit."

Wang Ye generally didn’t intervene in the asset management company run by Zhang Xiaoxi. She would only send a work report to his email at the end of each month detailing the company’s business progress for that month.

Joy City was the company’s first major project. For a while now, Zhang Xiaoxi had been focusing her work on it.

Wang Ye had visited during the preparation for Joy City’s opening, but he had to return to Moscow before the launch due to his tight schedule.

According to Zhang Xiaoxi’s report, Joy City’s opening caused quite a stir in the capital.

It might not have been to the point of empty streets, but the crowds were certainly surging!

After all, Joy City excelled in its operating area, store positioning, renovation quality, and the introduction of brands, making it stand out on its own.

What’s more crucial is its location truly was fantastic.

That was the Xidan business district!

The capital’s locals, especially the young crowd, favor this shopping district the most.

In the capital, there are three traditional shopping districts in total, namely Wangfujing, Qianmen, and Xidan.

However, the first two districts are mostly frequented by tourists from other areas, while Xidan is the favorite of the locals.

In 2004, Internet shopping was just beginning, and the vast majority of people still preferred offline shopping and the experience of strolling the streets.

Let alone weekends and holidays, even on regular workdays, the Xidan business district was crowded with people everywhere!

Joy City was the first large shopping center in the Xidan business district, boasting a business area of as much as one hundred thousand square meters!

A brand-new business model, distinct from traditional department stores and targeting a young and trendy demographic, proved extremely popular with the capital’s youth.

On the opening day, sales revenue hit an astonishing fifty million plus!

It is said that on that day, over a hundred thousand customers poured into the shopping center, and many shops sold out of their goods...

Of course, this was also thanks to the "grand opening discounts" halo effect.

But to truly see the revenue, one had to wait until things stabilized. Now, nearly two months since the opening, Zhang Xiaoxi came forward with a brilliant report card, eager to claim credit to Wang Ye.

...

"In October, Joy City’s revenue reached an impressive 220 million, the highest among all malls in the capital!

In November, although a bit lower than the previous month, the revenue was still 170 million, still the highest in the city.

In the upcoming December, due to the approaching Spring Festival and various other holidays, the shopping center will launch a number of activities, and the expected revenue is projected to exceed 200 million!

Following this trend, our Joy City will undoubtedly be the number one among all malls and shopping centers in the capital!..."

Zhang Xiaoxi reported with a beaming smile.

Honestly, the achievements of Joy City far exceeded her expectations!

Although she was optimistic about the future of such large shopping centers, Zhang Xiaoxi originally thought that if Joy City could achieve a yearly revenue of about five billion after opening, it would be a highly satisfying result.

She never expected that this annual target would be nearly reached in just three months!

Let’s not forget, the Joy City Project isn’t just about the shopping center; there are two more buildings next to it that haven’t been renovated yet—one is a high-end office building and the other is planned to be leased to a five-star hotel.

Including the shopping center, the company owns all three properties outright—soon they’ll be raking in rent until their hands hurt!

It was at this moment that she believed Wang Ye’s decision to let her manage the property management company was the right one!

She wouldn’t feel ashamed about her high salary anymore...

Although the data reported by Zhang Xiaoxi surprised Wang Ye as well, he knew that Joy City would be a hit, but he didn’t expect it to be this big of a success.

Nevertheless, having seen the bigger picture, such sums of money did not stagger him much.

But Wang Ye was very clear that this was just one Joy City Project. What if, just as he and Zhang Xiaoxi had discussed, they expanded the Joy City Project on a larger scale!

What if, in every major city across the nation, there stood a Joy City!

Without saying much more, select twenty major cities across the country, construct one or two Joy City in each city, aiming for a total of around thirty.

Then Zhang Xiaoxi’s asset management company would be formidable...

The success of Joy City in Xidan can’t be replicated exactly, and it’s unlikely that other cities will reach such heights with their projects.

But even if we cut the revenue in half, or even by two-thirds!

The total revenue generated would still be extraordinary!

Joy City in Xidan alone anticipates annual sales revenue of roughly twenty billion just from the shopping center project, and with an upscale office building and a five-star hotel, the total revenue is expected to break twenty-five billion!

If other cities build their projects following this model and assume, on average, each Joy City generates a yearly revenue of ten billion CNY.

Thirty Joy City projects would amount to three hundred billion!

It seemed not too many...

But Wang Ye knew that this was calculated based on the consumption level of 2004. With the domestic economy growing rapidly, the revenue of these large shopping centers would grow along with the high-speed growth of the national economy for at least the next decade!

What’s more important is that these projects... they all have full property rights...