431: Chapter 431 There's no son that big! American Star Model and Xiao Fu!

Chapter 431: Not Having Such a Big Son! Meixing Model Agency and Xiao Fu!

Back at the company, Su Yang gave the gifts to Jiang Yuzhen and Chen Tianxing.

During the days he was away from Rongcheng, Jiang Yuzhen had been communicating with him and managing many of the company's arrangements on his behalf.

Jiang Yuzhen also felt the gift was a bit too expensive, but after hearing that Yu Chengjun had accepted hers, she didn't refuse.

As for Chen Tianxing, his face lit up with a huge grin when he got the PS5: "Thank you, Boss!"

Su Yang casually used mind-reading and heard his inner thoughts.

Chen Tianxing: [Oh~ Boss, no, you are my godfather!]

Hearing this thought, Su Yang immediately sent him away.

He didn't have such a big son!

Sitting in his office, Su Yang soon finished listening to Jiang Yuzhen's work report.

Regarding Jiuxiang Catering, Su Yang was very well-informed because even while in Guangzhou, he still opened his email every day to review store locations; recently, two more new hotpot stores in Chang'an had passed the review!

As for Meijia Housekeeping, Su Yang was also reviewing the applicant nannies every day.

Since the number of employees reached the ten-thousand mark and his Business Deduction and reconnaissance abilities improved again, Su Yang's working hours had significantly decreased.

At least he didn't have to struggle until late at night to recruit qualified employees like before!

The wasteland reclamation for Chizhu Wine Industry was complete, and grape seedlings were already being planted; the funds had not yet been exhausted.

The newly planted grape seedlings would take three years to bear fruit, so there was no rush to purchase new equipment for the time being.

The acquisition of new companies at Fengyuan was also progressing in an orderly manner, and another new company would definitely be acquired in April.

The filming progress of Linyi Film and Television was proceeding steadily, and the crew hadn't encountered any major setbacks!

During the days he was away, although he was still controlling things remotely, the operation of the entire Jufan Holdings had not encountered any problems!

Su Yang was quite satisfied with this.

The management personnel he recruited were indeed the reliable type!

After spending a day processing all the backlogged documents, Su Yang went to see Chen Li in the evening and coaxed her into a good mood with a gold bracelet.

This older sister just loved gold; if he had bought diamonds, she would probably have disparaged him to death.

Su Yang could be considered to be playing to her preferences!

On the second day after returning to the company, Yu Siying called Su Yang, saying that the two major shareholders of Meixing Model Agency were willing to sell the company, but the price needed to be negotiated.

Hearing this news, Su Yang's mood became even better!

Meixing was one of the two model agencies Su Yang had selected last time; acquiring it would likely cost over twenty million.

This was a legitimate model agency with a fair amount of influence in the local Rongcheng modeling circle.

It had set up offices in Shanghai, Hangzhou, and Shenzhen, and its business was quite extensive.

It possessed certain fashion resources both domestically and internationally.

The company didn't just handle Chinese models; it also frequently represented foreign models from regions like Russia, Ukraine, and Poland.

In addition, Meixing also frequently collaborated with Xuanming Advertising.

The operating condition of this model agency was originally quite good; the main reason it was being sold off was that the company's founders were a couple who wanted a divorce over six months ago due to emotional discord.

Originally, the female party, Shi Nan, only held 10% of the equity, while the male party, Zhou Bingcheng, held 90%.

However, the court held that the equity ratio was not necessarily a marital property agreement; the ratio was merely a distribution figure agreed upon by both parties during industrial and commercial registration, and the investment funds behind the equity still came from communal marital property.

Therefore, the property value corresponding to the equity belonged to communal marital property and should be distributed equally.

Thus, the equity of Meixing Model Agency became a 50% joint holding by both husband and wife.

This seemingly fair judgment buried a huge pit for Meixing's operations!

After the divorce, each of the two parties held 50% of the equity in the model agency.

With the mindset of not wanting the other to have a good time, neither wanted to hand the company over to the other!

Because of the constant internal discord and fierce market competition, rival companies struck in the shadows, causing Meixing's agents and models to leave one after another, and the company's profitability began to drop!

Later, both husband and wife also felt that continuing like this was not an option, so they wanted to sell the company.

However, by this time, Meixing obviously couldn't be sold for its previous price!

This again made them somewhat dissatisfied with the offers from other companies.

While they were hesitating, Spark Media revealed its intention to acquire a model agency.

Upon getting the news, Meixing's General Manager, Xu Yunfei, immediately contacted Mingxuan GG's General Manager, Wang Haolin, and met Yu Siying through Wang Haolin's introduction.

The connection between the modeling circle and the entertainment circle was still very close.

Xu Fei knew that Spark Media had money; the recent eighty-million-yuan investment in a TV series was proof.

Moreover, the resources possessed by Spark Media itself were also something Xu Yunfei cared about very much.

Whether it was Spark Media's ability to incubate influencers, its brand advertising business, or its film and television resources... they were all things Meixing wanted to obtain!

Since the company was going to be sold, it naturally had to find a large company that was suitable and could allow it to develop better!

A model agency being sold to a rich second-generation heir or to some unprofessional bosses was definitely something Xu Fei did not want to see.

"This Xu Fei is quite interesting!"

Hearing this news, Su Yang couldn't help but laugh.

"She's saving herself. I feel that if this continues, she'll be driven crazy by that couple!" Yu Siying laughed over the phone. "She's a veteran of Meixing and knew Shi Nan and Zhou Bingcheng before the company was founded; she has a good relationship with both of them... The main capital for the company's creation was provided by Zhou Bingcheng, while Shi Nan contributed less money, but Shi Nan was a model in her early years and has good industry connections and resources, bringing in a lot of business and excellent models for the company!"

Su Yang said in surprise, "So you're saying there's nothing wrong with the 50% equity split?"

"More or less! For a model agency, connections and resources are actually more important; you can view a model agency as an intermediary!" Yu Siying continued, "Xu Fei serving as the General Manager was also an invitation from both of them, so now Xu Fei is caught in the middle and finds it hard to please everyone!"

"Mhm!"

"The model agency could still make a profit of over three million last year, but it might decrease this year!" Yu Siying said in a low voice, "But that couple wants to sell for twenty-two million!"

Su Yang thought for a moment and said, "It's not unacceptable. If Meixing has no other issues, we can talk. I'll have the people from the Mergers and Acquisitions Department fully cooperate with you!"

Between the two candidate model agencies, he still preferred Meixing.

This company was larger in scale, and there would be no need to change the name after the acquisition!

It would look like a direct subsidiary of Spark Media.

Meixing Model Agency had been established for seven years and had been managed quite well by Xu Fei, possessing a certain amount of influence in Rongcheng!

He was currently in a hurry to spend money and was willing to accept a certain premium.

"Alright!" Yu Siying thought for a moment and said, "Boss, I want to rent the space next door to Spark Media as well!"

"Xinlong Media?"

"Yes!"

"By the way, how is Zhou Ji doing?"

Su Yang suddenly remembered this person; he hadn't paid attention to him for a long time.

"He was almost locked up and spent a lot of money to barely escape. He hasn't appeared again since the company went bankrupt!" Yu Siying said over the phone, "I heard he seems to have left Rongcheng."

"Mhm!"

Su Yang used Business Deduction, and Zhou Ji did not appear in the deduction for Spark Media for the coming year.

He estimated that Zhou Ji wouldn't be able to stir up any trouble; rich people rarely have the determination to burn their boats.

Yu Siying asked quietly, "Boss, should we sign Xiao Fu?"

"Is she willing to come over?"

"After she left Xinlong Media, she set up her own studio, but her popularity shows signs of declining!" Yu Siying explained, "She can still make money. Although her personality is a bit arrogant, she has a brain and a strong career drive, with no real scandals!"

"Can you manage her?"

"It shouldn't be a problem; I'm familiar with her!"

Su Yang nodded: "Then you can reach out to her!"

Makeup chapter for yesterday!