Reading Settings
Font Size
16px
Line Spacing
1.6
Reading Width
900px
Font Share
Theme
Text To Speech

453: Chapter 453 Acquiring Lin Xing! His monthly spending habit was forcibly cured!

Chapter 453: Acquiring Linxing! Curing the Habit of Spending Money Every Month by Force!

At the banquet, facing several shareholders of Xingsheng, Su Yang was perfectly natural and spoke eloquently, his tone heavy yet carrying an infectious, strong confidence!

Even though these shareholders were several decades older than Su Yang, they gradually sat up straight and listened intently to his words, leaving Yu Chengjun, who sat next to him, looking at him with eyes full of admiration!

Su Yang truthfully informed the five shareholders of the recent development of Jiuxiang Catering.

He also mentioned the recent developments of Shancheng's Baihai and Lin City's Linxing, which had previously been acquired by Fengyuan.

These two subsidiaries did not have any major issues technically.

Since receiving some orders from Nine Fragrance Hotpot and Weimeijia under Jiuxiang Catering, they had already achieved stable profitability, and their performance was getting better and better!

Then he mentioned several shareholders who had partnered with Jiuxiang Catering to open hotpot restaurants; recently, those shareholders' hotpot restaurants were also profitable.

Recouping their investment costs would not be an issue.

In short, he was telling these five shareholders that following Su Yang would definitely make them money!

They might not make a fortune, but making hundreds of thousands in pocket change every year would certainly not be a problem!

These shareholders had heard this pitch before from Qian Xiaochang and the others.

But hearing it from Su Yang himself made it feel more real and far more credible.

As a result, three minority shareholders among the five became even more enthusiastic in their attitude toward Su Yang.

After the banquet ended, the five shareholders did not leave immediately.

A pot-bellied middle-aged man asked, "What do you all think of this President Su?"

"He has boundless prospects!" The only white-haired old man present sighed. "Anyway, I have to admit I'm getting old. The future belongs to the young people!"

"Indeed!" Another tall, thin middle-aged man wearing glasses nodded. "When I heard he was under twenty-five, I looked down on him a bit. But after meeting him in person today, I suddenly feel that this man will become a great figure in the future!"

The only female shareholder couldn't help but recall Su Yang's calm, composed, and confident demeanor and tone. Remembering his highly charismatic figure, she murmured, "This President Su has an extraordinary bearing; he is indeed a dragon among men!"

Sitting in the furthest corner, a short, chubby young man who had been relatively quiet and inconspicuous during the banquet smiled and said, "Don't laugh at me, but after meeting President Su, I felt an urge to follow him and work under him... Maybe I'm just too sensitive!"

"I feel the same way!"

The chubby middle-aged man who spoke first also nodded.

"What do you mean 'become a great figure in the future'?" The last shareholder laughed. "He is already a great figure. Coming to meet us is just giving us minority shareholders some face!"

Only then did the other four shareholders realize!

Indeed, they might have some influence in the local food supply chain sector.

On their own home turf, they might be considered people with some assets.

But compared to Su Yang, they were nothing.

The one taking a controlling stake in their company today wasn't even Su Yang's parent company, but just one of his subsidiaries!

"Anyway, I want to follow him!" the short, chubby young man said. "I just sold a portion of my shares and have some spare cash. With current interest rates, putting it in the bank feels like a massive loss!"

"The bank interest rates are indeed too low right now!" The female shareholder also sighed with a headache. "I originally wanted to buy gold, but it feels like it's at a peak right now, so I don't dare to make a move!"

...

The next day, Fengyuan's General Manager Qian Xiaochang held an official signing ceremony with Xingsheng!

Fengyuan acquired a 68% stake in Xingsheng for fourteen million yuan, becoming Xingsheng's largest shareholder.

The following day, Fengyuan transferred the fourteen million yuan into the accounts of the shareholders.

That afternoon, at Xingsheng's staff meeting, Su Yang announced a one-thousand-yuan raise for every employee and that the company would pay for their social security. This immediately won him the goodwill of Xingsheng's many employees!

Giving a raise of one thousand yuan and purchasing social security for nearly two hundred employees would be a massive expense, but Xingsheng's other shareholders had already prepared themselves mentally!

Shareholders who had no confidence in Fengyuan or Jiuxiang Catering had already sold their shares, cashed out, and left.

Next, Su Yang handed things over to Qian Xiaochang. Fengyuan would send a group of people to Xingsheng to take over Xingsheng's finance department and some management positions!

They also transferred Xu Dong, the former purchasing department team leader of Jiuxiang Catering, to serve as Xingsheng's Vice President to assist Xingsheng's General Manager Gu Zhengming in management.

Su Yang also casually used Reconnaissance on Xingsheng's hundred-plus employees and handed a list of personnel worth grooming or promoting to Xu Dong, telling him to keep an eye on them and give them priority when needed.

Xu Dong wasn't too puzzled by this list; he assumed it was intelligence gathered by the parent company after carefully evaluating Xingsheng's employees!

Several of Su Yang's companies were expanding rapidly. Even though he paid close attention to grooming management talent and always hired with a buffer, his frantic acquisition spree still left him somewhat short-staffed!

After wrapping up these matters, Su Yang stayed in Changsha for a few more days.

He visited the Xiang Province Museum, Du Fu River Pavilion, and Orange Isle, and even caught a distant glimpse of Toilet TV Station!

As for the girls of Xiang Province, they were indeed quite pretty!

But every night, he was still diligently reviewing resumes forwarded by the subsidiaries, as well as vetting special talents like influencers and actors!

Of course, it might also have been because Yu Chengjun was always with him...

Otherwise, he probably would have been dragged out to experience Changsha's nightlife by those Xingsheng shareholders!

After returning to Rongcheng, Su Yang went back to a very regular routine, working nine-to-five every day.

Aside from reviewing and hiring, he was either urging the subsidiaries to recruit or pushing the Mergers and Acquisitions Department to speed up the acquisitions. Occasionally, he would find time to visit film sets.

Facing the over one hundred million yuan in his hands, Su Yang had already started to lie flat a little.

If he couldn't rely on acquiring companies to burn through his cash, he might have to invest in real estate.

To be honest, it was a bit embarrassing. Other big bosses had dozens, hundreds, or even thousands of properties, weighing their property deeds on scales!

Yet he only had a measly two properties, which indeed felt a bit too modest to show off!

He didn't have enough luxury cars to host an auto show either.

His two luxury cars, including the motorhome currently being customized, were all bought at a bargain discount!

Or he could consider saving up for a bit longer to acquire more valuable, large companies with assets worth hundreds of millions.

In any case, as the cash in his hands kept rolling in and piling up,

Su Yang had gradually grown accustomed to the feeling of having large sums of cash on hand!

His old habit of absolutely having to spend all his money every month, feeling uncomfortable if he didn't... had been cured by force!

Meanwhile, over in Guangdong Province, President Xu Tianfu had already sent a list of luxury properties in Guangdong Province and Shenzhen to Su Yang's email.

Su Yang glanced casually at these luxury properties, focusing mainly on the oceanfront villas!

Preferably those with yacht docks that allowed sailing out to sea!

Prev Next

πŸ”Š Text To Speech

Listen while reading

Ready