v3 Chapter 1331： Family office

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Before he knew it, Xia Yu's powerful soldiers were no longer counted, and when he was free, he found that he could completely be the shopkeeper.

Although certainly not as fast as when he himself took charge.

But at the very least, healthy development and beating the market average is enough.

The enthusiastic Xia Yu simply came to visit the site and went deep into each company to check the company's situation.

Of course, it is only limited to Xiangjiang's companies.

But even Xiangjiang has a lot of companies under his control. If you want to finish it all, you don't have to think about it in a month. This is still the case of his non-stop visits to calculate the time.

So Xia Yu can only go selectively.

The first one I visited was Jiuding Culture Media Group.

Previously, Jiuding Culture Media Group was located several floors below Jiuding Building in Kowloon, but as the group continues to develop and expand, the original venue has long been unable to accommodate it.

After consulting Xia Yu, the wealthy Jiuding Cultural Group moved out and owned an entire office building.

The arrival of Chairman Xia Yu, who hadn't been here for a long time, immediately alarmed Yan Wenhan, who immediately dropped what was in his hands and hurried to Xia Yu's front.

"Chairman, I'm sorry to keep you waiting for a long time."

"Would you like to go to the office to sit down?"

Yan Wenhan said apologetically.

"No, walk with me, tell me about the current situation of the company."

Xia Yu shook his head slightly and rejected Yan Wenhan's proposal, and then ordered.

"Ok."

...

Jiuding Culture Media Group is now a super media giant with assets of more than 140 billion Hong Kong dollars.

The biggest pillar is still Jiuding Newspaper Company, but the second most valuable is the listed Galaxy Film Company.

Then in the second echelon are Jiuding Book Company, Jiuding Animation Co., Ltd., Universal Television Station and Focus Media Co., Ltd.

This Focus Media company was established in less than a year, and its internal valuation reached more than 10 billion Hong Kong dollars.

The name was given by Xia Yu. From the very beginning, he also obtained the right to obtain resources, but it was beyond Xia Yu's expectation to be able to develop so fast.

The president of Focus Media Advertising Co., Ltd. is Chen Tianhua, a 38-year-old middle-aged man who studied at the London School of Communication in the United Kingdom. He was an outstanding Chinese recruited from the United Kingdom through Korn Ferry International.

Xia Yu had heard his name, but this was the first time I saw him.

After seeing Xia Yu, Chen Tianhua respectfully greeted Xia Yu and Yan Wenhan.

The accompanying Yan Wenhan told Chen Tianhua: "Mr. Chen, take the chairman to walk around the company and introduce the company's operations."

"Ok."

"The company has been established for less than a year, but thanks to the support of the parent company, it has acquired five advertising companies at one time at the beginning of its establishment. It has been enriched in terms of personnel and has a very high starting point. There are 1064 people..."

"Thanks to the group's resource tilt, the company's current customers include Jiuding Real Estate Group, Bright Dairy, Master Kong Foods, Cathay Pacific, Tiangong Electronics, Tiangong Electric..."

While walking, Chen Tianhua introduced the company's situation to Xia Yu and others like a few treasures.

Unknowingly, he came to the company's financial room. Without Xia Yu's mention, Chen Tianhua immediately asked Finance to show the company's internal financial report for the first half of 1984.

"Chairman, this is the company's financial report for the first half of the year. Please have a look."

Chen Tianhua respectfully held the financial report in both hands and handed it to Xia Yu.

"Let me see how your grades are."

Xia Yu directly found a stool to sit down, and read it with a smile.

At this look, the corners of his mouth turned into an arc, letting Chen Tianhua, who was watching Xia Yu's expression on his side, relax his heart, and secretly breathed a sigh of relief.

In the first half of 1984, Focus Media's advertising company's revenue reached 2.59 billion Hong Kong dollars, and its net profit reached 1.25 billion Hong Kong dollars, with a net profit margin of 48.3%!

This is pretty scary revenue data!

According to this data, even if it does not increase in the second half of the year, it will be maintained.

Then Focus Media's advertising company's revenue will exceed 5 billion Hong Kong dollars, and its net profit will reach 2.5 billion Hong Kong dollars.

If it were listed on the market, it would be worth 25 billion Hong Kong dollars based on the average price-earnings ratio of ten times!

However, relying on the resources of the entire Jiuding consortium, undertaking the entire consortium’s advertising business, and also relying on reputation and relationships to cooperate with other companies, this is doomed to a bright future for the Focus Media advertising company.

This is the resource advantage of the consortium. Entering any industry, it can quickly snowball and grow.

Once the Focus Media Advertising Company was established, the most difficult funding and business operations were all solved, and it was difficult to think about growth!

"Very good results!"

After putting down the financial report, Xia Yu said with appreciation.

"Thank you for the compliment from the chairman. The current results are due to the resources of other companies."

Although Chen Tianhua was very happy, he still said modestly.

At this time, Yan Wenhan added: “Chairman, Focus Media has created a lot of records in the advertising industry in Xiangjiang. For example, it became the largest advertising media company in Xiangjiang after two months of establishment.”

Xia Yu smiled and nodded, and faintly raised Chen Tianhua: "Xiangjiang is only the starting point, and Focus Media can get a good deal in Xiangjiang, but this is just a very high starting point. I hope to see Focus Media go out of Xiangjiang and out of Asia. That day when the world shines."

Chen Tianhua's heart shuddered, and his face solemnly lowered his head and said: "Chairman, I will continue to work hard."

"Ok!"

"Do it hard!"

Xia Yu looked at Chen Tianhua with expectation, patted him on the shoulder and said encouragingly.

"Wenhan, let's go and check out other companies."

...

After several days of visits, the overall situation of all companies was good, but Xia Yu also found many problems.

Some were related to the corresponding company's problems, so he pointed out the request for rectification in person.

But there are some problems at the consortium level, which can only be solved by him. Others have not reached that height and have no power to solve them.

On this day, Xia Yu came to Tiangong Electronics Group and met Huo Jianning again.

Tiangong Electronics Group will never disappoint Xia Yu at any time.

In the first half of 1984, the revenue of the entire group set a new historical record, reaching 6.778 billion US dollars.

Video games and walkmans are still the biggest pillars, but the development of its subsidiary Tiangong Motorola Electronics Co., Ltd. is also very bright.

This subsidiary listed the Tianmo K101 mobile phone on April 15, and then fully sold it in May.

As of June, two and a half months after listing, a total of 28,243 units were sold, mostly large families and companies.

The price of each is 25,000 Hong Kong dollars.

So in selling mobile phones, sales reached 706 million Hong Kong dollars.

Then the network access fee is 10,000 Hong Kong dollars per phone, which adds 282.43 million Hong Kong dollars in revenue to HeungKong Telephone Company.

Based on the current population of Xiangjiang, the per capita holding rate of mobile phones is 0.5%.

Of course, this is not the case, because many consumers who buy and purchase are from Southeast Asia. At present, signal base stations have not been built throughout Southeast Asia, and some countries have not obtained licenses. However, after many wealthy people come to Xiangjiang, mobile phones can temporarily Worked.

For the rich, it is only tens of thousands of Hong Kong dollars, and they can afford it.

The development of Tiangong Electronics Group made Xia Yu very satisfied, so much so that Xia Yu was considering whether to transfer Huo Jianning.

After considering it for a while, Xia Yu still planned to ask Huo Jianning his own thoughts, after all, this is a matter that determines the fate of Huo Jianning's life.

So after visiting the company, Xia Yu went to Huo Jianning's office and talked with him privately.

"Jianning, you are taking care of Tiangong Electronics in an orderly manner. Your ability is beyond doubt. I intend to give you additional burdens."

"But I also respect your ideas."

After taking a sip of tea, Xia Yu crossed his palms, looked at Huo Jianning solemnly, and said slowly.

Huo Jianning subconsciously sat up straight, and said respectfully: "Chairman, please tell me, I will do my best."

"Eh~"

"Don't pack your tickets. Listen to me. This matter will affect your entire life. If you agree, it will be a lifetime matter."

Xia Yu waved his hand and said.

Hearing what Xia Yu said, Huo Jianning's heart was raised, and he was a lot more cautious: "Chairman, what is it?"

Xia Yu slowly said, "You came from my secretary. It can be said that you are the person who knows me the most. You should know that my career is very large."

Huo Jianning nodded in cooperation. He could guess that the chairman has a business outside of Xiangjiang, but he didn't know what it was, and he didn't want to explore it, because when he was Xia Yu's secretary, he was just the territory of the Xiangjiang Jiuding Consortium. , Makes him very busy.

It was also Xia Yu's secretary that he knew how strong the Jiuding Consortium was.

"Xiangjiang's career is only a part of my entire career, probably accounting for about a quarter, or even less than that."

Hearing this, Huo Jianning was shocked, his eyes rounded.

The Jiuding Consortium actually only occupies such a proportion?

My goodness!

How much does the chairman hide, and how strong is his strength?

At this moment, the curiosity in Huo Jianning's heart burst instantly, and he couldn't imagine what a concept it was!

Xia Yu ignored the changes in Huo Jianning's expression. He continued: "Before for special reasons, I didn't want people to know, but now, the time has gradually matured."

"Of course, there is also a more important reason."

"At present, I can still control the whole situation for the time being, but the shortcomings are also obvious. The business is too large. I have limited energy alone. Sometimes the information is not processed in time, and the coordination and utilization of resources are not optimal."

"It can be said that to a large extent the development of my career has been restricted."

"So after thinking about it, I plan to establish a management organization at the top of all businesses and set up a family office that belongs to me alone to help me run all businesses well."

"The members of the family office of my Xia family have two requirements, one is loyalty, and the second is ability. Once they come in, they have to serve me for life."

"You are a person of good character, you are very loyal to me, and your ability is very outstanding. Whether it is understanding of the capital market, or doing secretarial work, or operating and managing a large group, your ability is excellent and comprehensive. "

"So I intend to let you be the person in charge of my family office, that is, the housekeeper of my Xia family, but you will go from the front to the back of the scene."

"Of course, this matter is about your love and my wishes. You are only 32 years old this year, and your life is still very long. I will not force you to make your own choice."

"Don't have a burden in your heart. Even if you don't want to come, I will still give you enough platform to display your talents."

After the heartfelt words were finished, Xia Yu took a sip of tea and leaned on the sofa, quietly watching Huo Jianning's expression constantly change.

These words of Xia Yu caused a huge psychological impact on Huo Jianning.

At the same time, he was also full of gratitude to Xia Yu.

The person in charge of the family office, the chief steward of the Xia family, will undoubtedly be Xia Yu's most important confidant.

He can completely imagine that in the huge business empire of Chairman Xia Yu, Xia Yu is the supreme emperor, and his status is completely the prime minister of one person and ten thousand people.

Just as Xia Yu said, he had enough recognition for his loyalty and ability, and only then would he want him to hold such a position.

What made his heart warmer was that Xia Yu did not force him, but gave him enough respect in a way of heart-to-heart talk, allowing him to make his own choice.

If he chooses to agree, then he will get a lot, such as the lofty position in Xia Yu's consortium, and the ability to see the deepest scenery in the world.

But he will also lose a lot of things. For example, like now, the sense of accomplishment of running the Tiangong Electronics Group, the pleasure of being in the market, and the most important thing is that he and his descendants will be completely tied to Xia Yu...

There are losses and gains, the key depends on how he chooses and how he wants to go in life.

He has reached the most important fork in his life!

"Chairman, thank you for your importance to me!"

"Please wait a moment, I want to think about it now."

Huo Jianning stood up, bowed respectfully to Xia Yu and said A trace of satisfaction flashed in Xia Yu's eyes, and raised his hand to signal him to sit down: "Well, I should think about it, I Not urgent."

"Thank you Chairman!"

After thanking Xia Yu again, Huo Jianning sat down and lowered his head to think.

About ten minutes later...

Huo Jianning raised his head abruptly, his gaze has become very firm, he said firmly to Xia Yu: "Chairman, I have already thought about it, my life will be handed over to you!"

"It was you who cultivated me and gave me today's achievements. You have the kindness of knowing and recreating me. I can't repay your kindness. I am willing to do my best to serve your family!"

After speaking, Huo Jianning stood up again, bowed to Xia Yu ninety degrees, and kept the bowing posture unchanged.

A gratified smile appeared on Xia Yu's face.

"Good, good, good!"

"I read you right."

"Jianning, get up."

Xia Yu happily said three good times and stretched out his hands to help him up.

"Thank you Chairman!"

"Jianning, you can find a candidate as soon as possible to take over your position as the president of Tiangong Electronics Group. You need to take the lead in establishing the family office as soon as possible."

"Chairman, please give me three days. I will finally test the various aspects of the company's senior executives to see who is more suitable. If there is no suitable person, I need to ask you to transfer someone here. "Huo Jianning said steadily.

"Okay, do what you want."

Xia Yu said with a smile, let go and let Huo Jianning do it.

"It's getting late, I'll go back first, and call me if I have something to do."

"Okay, Chairman, I'll see you off."

...

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