Chapter 140 - 128: Yang Chen, You’ve Made Another Great Contribution

It seems I’ve heard of Jinhai Resort.Thinking carefully, Yang Chen remembered that this is the resort where Wang Jun works, and his wedding ceremony on Sunday is also held here.

Wang Jun is currently the deputy general manager. If we acquire this resort and promote him to the top position, he should be quite reliable.

Jinhai Resort and Chongming Vacation Village are both near the seaside. The opposing company is asking for a flat price of 120 million for both resorts bundled together.

Jinshan Resort and She Mountain Resort center around mountain themes, with a bundle price of 150 million.

The seaside is busy mainly in the summer, but business becomes bleak in the winter.

Resorts at the foot of the mountain have business all year round, with no significant downturns.

Wang Zhenxi has negotiated with those two companies many times, and 120 million and 150 million are their final offers.

But the decision-making power is in Yang Chen’s hands, and he must decide whether to accept it.

Yang Chen thought for a while and said, "President Wang, contact the bosses of those two companies and arrange for me to have a video conference with them. Do it immediately!"

Wang Zhenxi nodded and immediately returned to his office to make the calls.

Over ten minutes later, the video conference began.

The boss of Haiyang Vacation Company is named Li Haixiang, and the boss of Hai City Charm Vacation Company is named Zhang Xiuchun.

Li Haixiang: "I heard from President Wang that Seaside Company’s chairman has changed. I didn’t expect the new boss to be so young."

Zhang Xiuchun: "Truly a young hero! To have such courage and financial strength at a young age, you are sure to achieve great things in the future."

Yang Chen: "Haha... Come on, big brothers, don’t joke about me. I’m having this video conference with you two because I have a favor to ask. I just acquired some shares, and I’m really short on funds. I’ve seen your asking prices, and they are very reasonable. But I’m truly limited in my capacity and can’t acquire both of your companies at the same time. However, President Wang told me that you’ve been negotiating with us for a long time, so I thought I should personally explain things clearly to you. Even if the deal doesn’t go through, we still have our friendship. We can’t make it look like we don’t follow the rules and just walk away after negotiating for so long."

Li Haixiang and Zhang Xiuchun’s smiles immediately froze.

The two of them really don’t want to continue operating anymore. The longer they delay, the more they lose each day.

The current environment is not good; there are too few tourists.

So, hearing Yang Chen say this, both of them became nervous.

Li Haixiang: "What do you mean by that, President Yang?"

Zhang Xiuchun: "President Yang, what are your plans? Just say it straightforwardly."

Yang Chen: "Honestly, I only have less than 200 million in my hands. It’s definitely not enough for simultaneous acquisitions, so I can only acquire one of the companies. Who do you think I should acquire? I truly don’t want to offend either of you, but after all, it involves real money, right? Even if I don’t want to offend anyone, I still end up offending someone."

Having finally found a company willing to acquire, neither of them wanted to give it up.

They immediately started arguing.

"President Zhang, please let me have it, I really can’t hold on any longer."

"President Li, you know I can’t even pay salaries right now. The longer we delay, the more I lose, tens of thousands each day. I really can’t afford these losses."

...

Yang Chen quickly interrupted, "Big brothers, big brothers! How about this, why don’t you discuss it privately? I’ve explained my situation to you, and at most, I can only acquire one. Once you’ve reached a decision, we can talk individually again. I’m still in a meeting here, so I’m hanging up now."

After speaking, Yang Chen exited the video conference.

Wang Zhenxi quickly asked, "Chairman Yang, what do you mean by this?"

Yang Chen stood up and said, "Originally, I thought these resorts were profitable. It wasn’t until I checked the information that I found out they are actually losing money. Do they take me for a fool? Purchasing four money-losing resorts for a total of 270 million? Given the current environment, you professionals surely know the situation better than I do. If they are losing money, can we really turn a profit by acquiring them? I want to know who proposed these acquisition cases?"

In essence, Yang Chen didn’t want to acquire these four resorts.

But if they were willing to sell everything at a total price within 200 million, then it could be considered.

No one’s money is blown in by the wind; there’s no reason to take on someone else’s failing assets.

Wang Zhenxi quickly responded, "This was a proposal made by the previous chairman, Zhou Haibin, but it wasn’t completed before he sold his shares and left."

Yang Chen nodded and said, "Let’s shelve these two acquisition cases for now. We’ll discuss them when the price is appropriate. Everyone else is dismissed, but President Wang, stay back and report on the company situation to me."

Everyone quickly stood up and left, leaving only Wang Zhenxi to give his work report.

...

Sunday.

Early in the morning, Yang Chen took Yu Shishi to Jinhai Resort.

Since it was their first visit and it was still early, Wang Jun’s wedding was fully handled by the wedding planning company, and there was no need for friends or family to help.

So, Yang Chen took Yu Shishi for a stroll to estimate how much this resort was worth.

Just after leaving the parking lot, Yang Chen saw Li Ming.

Yes, he was Xiaojing’s ex-boyfriend, that guy who came with a Porsche that night to pick up Xiaojing.

Li Ming wasn’t alone; he was followed by a dozen people.

Were they here to attend the wedding, or were they here to crash it?

Yang Chen quickly called Wang Jun.

Wang Jun: "Hey, brother, are you here? Are you lost? Do you need me to find a colleague to guide you?"

Yang Chen: "No need! I just wanted to ask who you’ve invited today."

Wang Jun: "Just some close relatives and a few friends from school. Our high school friends, Zhang Bin, Chen He, and Wang Xiang."

Yang Chen: "What about from the bride’s side?"

Wang Jun: "Xiaojing isn’t from Hai City; she only invited her parents and younger brother, and also two colleagues from work. It was all too rushed, so we didn’t invite many people."

So Li Ming bringing so many people is not for attending the wedding, but rather to cause trouble?