Episode 1 recap: Peng Jinxi was reported by Qin Sheng.
The story begins in 1978 when Peng Jinxi, a 20-year-old from Xingcheng, Liaoning, finished his college entrance examination and started selling dried tofu in the ancient city hutongs of Hongluoxian. This behavior was considered profiteering and was not allowed by the local administration of industry and commerce at the time. Just as the day was breaking, Peng Jinxi and his two brothers brought back the dried tofu, unaware that the inspection team had already set up a dragnet. The team leader reported that they were ready to take action, but the head of the team told them to return to the office first.
Peng Jinxi's older brother, Peng Jindong, went to the hutong to warn the residents, and they immediately scattered. On the day the college admissions results were announced, Luo's father asked his daughter, Luo Hong, to offer incense to his deceased wife in the hope of blessing Luo Hong's admission to college. Soon after, Qin Sheng rushed back, running and shouting that both Luo Hong and he had been admitted to university. The entire Luo family was overjoyed, and Luo Hong immediately wanted to know if Peng Jinxi had also been admitted to university. However, Qin Sheng forgot to check, so Luo Hong ran all the way to check the results.
Qin Sheng had feelings for Luo Hong, but in Luo Hong's heart and eyes, there was only Peng Jinxi. He accidentally learned from Luo Hong's younger brother, Luo Xian, that Peng Jinxi was engaged in profiteering activities in the ancient city hutongs. Qin Sheng went to report this to the local administration of industry and commerce. The head of the office was newly appointed and a kind-hearted person who understood that the country's economic development was a new trend. Therefore, he decided to recall the personnel and did not arrest the ordinary people engaged in profiteering. However, at this critical moment, Qin Sheng came to report, and his father, Qin Zhaogao, was the director of the Supply and Marketing Cooperative and had a good relationship with the bureau chief.
Helpless, the head of the office had to send people to the ancient city hutongs to make arrests. On the other side, when Luo Hong arrived at the hutong, she informed Peng Jinxi of the good news that he had also been admitted to university. The inspectors on bicycles came to arrest people, but Peng Jinxi pulled Luo Hong and they ran, successfully evading the pursuit.
Luo Hong and Peng Jinxi liked each other, and now they had both been admitted to university, with a bright future ahead of them. Peng Jinxi kept everything good for Luo Hong, as it was a time of youthful infatuation. Peng Jinxi wanted to kiss her, but they were constantly interrupted.
Peng Jindong found a job at the county Supply and Marketing Cooperative, but he couldn't go empty-handed. He asked his wife, Sun Shufen, to take out the box of precious pastries. The iron box contained pastries left by Peng's father before he passed away. The chubby guy who sold dried tofu with Peng Jinxi was caught by the inspection team, and Peng Jinxi couldn't just stand by. He planned to take money to pay the fine and redeem him.
Peng Jinxi saw a pair of swimming trunks and thought the design was novel. He asked the owner and learned that they were bought in Beijing for three yuan. In Peng Jinxi's eyes, the quality of the swimming trunks was average, and the cost was only fifty cents. He thought about studying the business of dealing with swimming trunks with the owner. But when he heard the other person calling himself the head of the market management office, and the other person revealed his identity, Peng Jinxi immediately realized that he was talking about dealing with swimming trunks with the head of the market management office. This was like touching the tiger's butt, so he quickly ran away.
Peng Jinxi came to pay the fine and rescue the arrested person, but the captain discovered that he was the Peng Jinxi reported by Qin Sheng. Without any reason, the captain detained him. After communicating with the head of the office, the captain asked Peng Jinxi to sign a confession, but this would go on his record, and Peng Jinxi refused to sign. Luo Hong asked Qin Sheng to help persuade the people at the management office not to make things difficult for Jinxi, but Qin Sheng didn't help. Instead, he went home and whispered in his father's ear, insisting on arresting Peng Jinxi.
When the Peng family learned that Peng Jinxi had been arrested, Peng Jindong and Sun Shufen hurried to the management office to apologize. The head of the office learned that Peng Jinxi was indeed a university student and was about to release him. However, at that moment, the bureau chief called and said that Peng Jinxi should be used as a typical example of economic sabotage to serve as a deterrent. In this way, Peng Jinxi's university qualification might be revoked, and he might even be sentenced.
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