Chapter 420: Chapter 419: Financial Arrangements
The moment Yan Feifan returned to his apartment at Zuimo Court, his sister grabbed his arm, her face beaming with excitement.
"Feifan, the six million from Baining Company arrived!"
"You just signed the supplementary agreement yesterday, and the money is already here today. Baining Company is really on the ball."
"Feifan, we have money again! Haha..."
Seeing his sister jumping for joy like a child whoād just gotten candy, Yan Feifan chuckled. "Sis, Iām guessing they wired the money so quickly to make the breach of contract clause effective as soon as possible."
"Thatās a penalty of up to three hundred million. Thatās pretty steep."
Yu Suye said with some displeasure, "Feifan, youāre not actually thinking of breaching the contract, are you?"
"Isnāt this extra few million we received pure profit?"
Yan Ziruo defended her brother. "Su Ye, no company gives money away for free, especially not several million."
"Baining Company proactively raised the price for the exclusive technology license because they must have seen the potential for even greater profits."
"But at the same time, they also saw the potential threats and risks."
Noticing Yu Suye was about to say more, Yan Feifan quickly interjected to change the subject. "Iām starving. What delicious things did our auntie make for dinner?"
Yan Ziruo announced cheerfully, "She steamed a whole fish, stewed a big pot of ribs, and made black-boned chicken soup."
"Hurry and wash your hands. Itās time to eat!"
Not long after dinner, Yan Feifan spent nearly an hour tutoring Tian Yu over a video call.
Around ten oāclock that night, he received a call from Liu Jin.
"Feifan, weāve settled the most critical part of the collaboration agreement with Dr. Kevin Vegaāthe fee structure."
"For the patients he refers..."
Liu Jinās voice was practically jumping with excitement over the phone. "Itās a flat fee: four hundred thousand US dollars per patient."
"Out of that, the payment to Mr. Vega for his surgical fee, referral fee, round-trip airfare, and so on, is also a flat rate: sixty thousand US dollars."
After a brief pause, Liu Jin chuckled. "We suspect that this Mr. Vega will likely charge the patients extra on the side, but thatās none of our business."
"As long as weāre making our money, thatās all that matters."
Yan Feifan switched the phone from his left ear to his right just as Liu Jinās voice continued.
"Feifan, I know you must be wondering how much your cut is."
"We discussed it, and youāll also get a flat fee..."
"One hundred thousand!"
"US dollars?" Yan Feifan asked excitedly, specifying the currency.
"Hehe..."
A deliberately mysterious laugh came from the phone, followed by Liu Jinās voice.
"Someone proposed that the currency should be yuan."
"They said that earning a hundred thousand for a single surgery was already the highest fee ever paid at the Affiliated Hospital."
"I told him flat out that without you, Feifan, this international collaboration wouldnāt exist, and we wouldnāt be earning a single penny."
"Ultimately, I insisted, and we settled on US dollars."
Liu Jin then explained, "Feifan, donāt just look at how much the hospital is making. The patients will be staying with us for three to four weeks."
"There are costs for medicine, hospitalization, and the salaries for other medical personnel..."
Yan Feifan cut in, "Dr. Liu, I understand. Itās only right that the hospital takes the largest share. The hospitalās costs and contributions are much greater."
"Honestly, Dr. Liu, one hundred thousand US dollars for a single surgery... Thatās a figure I never even imagined."
"If you feel that guilty about it, we could always change the currency, or maybe the number?" Liu Jin teased.
Yan Feifan said hastily, "I can live with it! Dr. Liu, I can definitely live with it!"
Liu Jin laughed heartily over the phone for a moment.
"Feifan, I have something else to tell you."
"The funding for Dr. Qin Yingās medical research office has been incorporated into the universityās budget."
"The expenses you fronted from your own research funds will be audited by the finance department and reimbursed to your research account."
"And another thing..."
Liu Jinās voice grew a bit louder over the phone. "After some discussion, weāve unanimously decided..."
"From now on, for any research funds you receive from private or corporate sponsors, the percentage you can claim as a personal research stipend will be raised from twenty percent to forty percent."
Liu Jin added encouragingly, "Feifan, the hospital will give you its full support so that you can continue to grow and produce a steady stream of research achievements."
"Thank you, Dr. Liu, and thank you to the hospital for the support!"
Yan Feifan expressed his thanks, then a thought occurred to him. "Dr. Liu, speaking of support, I do have one small request."
"Oh? What is it?"
Liu Jin replied readily, "Name it. As long as itās something the hospital can accommodate right now, weāll make it a top priority and get it done for you as soon as possible."
Yan Feifan chuckled. "Well, Dr. Liu, Iām running between several different departments every week."
"Sometimes I work very late, and I end up sleeping either in Mrs. Qinās medical research office or the directorās office at the plastic surgery center. Neither is very convenient."
"Dr. Liu, would it be possible to arrange an office for me?"
The words were barely out of Yan Feifanās mouth when Liu Jinās voice came back through the phone. "So you want your own office, huh?"
"Consider it done. Iāll handle it for you personally."
"Just be patient for a few days..."
After ending his call with Liu Jin, Yan Feifan noticed his sister had come into the room at some point and was now leaning against the wardrobe, watching him.
He glanced at the digital clock on his desk. It was already 10:10.
"Sis, you donāt have to nag me. Iām going to bed right now."
Yan Feifan tidied up the professional books and medical journals on his desk, made a quick trip to the bathroom, and then came back and obediently got into bed.
"Feifan..."
Yan Ziruo tucked the light blanket around her brother and continued, "That six million, plus the two million bonus from the plastic surgery center, and the research stipend you claimed... thatās nearly ten million altogether."
"Do you have any plans for all this money?"
Yan Feifan said casually, "I donāt have any plans, Sis. Besides, arenāt you the one who always manages the familyās finances?"
Yan Ziruo rolled her eyes at him and huffed. "I only make decisions about the small stuff. The big investments, like in Extraordinary Medical Technology and the private kitchen, were all your final call."
Yan Feifan chuckled. "Well, Sis, this time itās a lot of money, so Iām giving you full authority."
Yan Ziruo laughed. "Since you donāt have any special plans for this money, Iāll be the one to decide..."
She began to think aloud. "Weāll need to buy a car... actually, weāll need two."
"You and Su Ye need a car for commuting, especially when itās windy, rainy, or cold."
"And now that our uncle is back, heāll need a car too."
"Oh, Feifan, what do you think? Should we buy a house for him?"
Yan Feifan said thoughtfully, "Letās not rush into buying him a house. We should wait and see how things go for a while."
"If things work out between him and Mrs. Xia, he wonāt need a house. We can just give him a few million as a dowry, and he can live in her place."
Yan Ziruo nodded. "That could work."
"We donāt need to get our uncle a fancy car. One in the three to four hundred thousand yuan range will be fine."
Then she thought of something else. "We also have to set aside some of it for your income taxes."
"Feifan, your income has skyrocketed this year. The amount youāll have to pay in taxes will be at least two million."
Yan Feifan said with a grand air, "Sis, donāt worry about taxes so soon. My future income wonāt just be steady, itāll be even higher."
He then asked, "Sis, what about your boyfriendās startup?"
Yan Ziruo shook her head. "Weāre not at that stage in our relationship yet. Getting money involved would just make things more complicated."
"Iāll just let him fumble around on his own for now."
"Oh, speaking of him, his relativeās son from his hometown, the one with the congenital heart defect? Heās supposed to come to the hospital for surgery this weekend."
"Thatās still on, right?"
Yan Feifan replied, "Iāll confirm with Mr. Liang tomorrow."
They chatted casually for a few more moments until Yan Ziruo realized her brother had stopped responding. She looked closer and saw that he had fallen asleep.
āHe always falls asleep so fast,ā Yan Ziruo muttered to herself.
She stood up, adjusted her brotherās pillow, turned up the air conditioning by a degree, switched off the light, and gently closed the door behind her.