Rebirth of the Strongest Tycoon

Vol 2 Chapter 564: Industry dominance

In the warm applause, although Yan Wenhan was full of enthusiasm, he suppressed it and showed a humble smile.

Seeing that the applause fell, Chairman Xia Yu motioned to him to continue reporting. He took a deep breath to calm his mood and report again.

"Since its establishment, Jiuding News Agency has 1 news processing center, 121 offices around the world, and a total of 1,135 employees, including 535 front-line workers."

"Today, the reputation of the news agency has gradually spread, the quality of its services has been widely recognized, and the number of cooperative media has reached 218."

"Last month's revenue was 13.25 million Hong Kong dollars. So far, the company's total revenue is 75.85 million."

"The news agency has been expanding since its establishment, and the investment is very large, with a cumulative investment of 134 million Hong Kong dollars."

"Since the establishment of the news agency, the chairman of the board of directors has injected capital and successively injected funds from Jiuding Newspaper Company to a total of 111 million."

"After deducting the cost of news agency staff's salary and business tax, the news agency currently has 24.8 million Hong Kong dollars in cash."

"According to the plan, the news agency will continue to expand in the future, and the current liquidity and monthly revenue are temporarily sufficient for expansion."

"My report is complete! Thank you!"

After speaking, Yan Wenhan calmly looked at the chairman Xia Yu, waiting for his comment.

Xia Yu pondered for a moment and praised Yan Wenhan: "Wenhan, the two companies are well managed in your hands. Jiuding Newspaper Company follows your original thinking. The news agency is the booster of Jiuding Newspaper Company. Invest boldly. Without causing chaos to the company, you can increase the speed of expansion and transfer funds from newspaper companies."

"Keep it up!"

"Thank you for the compliment, Chairman, I will continue to work hard!"

"Gavin, you go on."

Xia Yu looked at Gavin Peter again and motioned for him to report.

"Chairman, colleagues, I will now report to you the situation of Jiuding Book Publishing Company..."

Gavin Peter said calmly.

The situation of Jiuding Book Publishing Company is quite special. Gavin Peter did not idle his funds like Yan Wenhan, but made full use of capital to initiate mergers and acquisitions while operating.

Originally, before Xia Yu left Xiangjiang, Jiuding Book Publishing Company owned a parent company of Xiangjiang, as well as a subsidiary, holding 87% of the shares of the island branch.

The island country sub-group debt reached 480 million Hong Kong dollars, with a debt ratio of 69%.

At the same time, Jiuding Book Publishing Company also holds a 10% stake in the island country Kinokuniya Bookstore and a 10% stake in the island country Junjiutang Bookstore.

After Xia Yu left Xiangjiang, Gavin Peter continued his acquisition process, focusing on the local publishing company in Xiangjiang from the beginning.

After the acquisition of five publishing companies, Jiuding Book Publishing Company's publishing business in Xiangjiang has expanded from popular science books, literary books, children's books, educational books and other fields after integration, achieving full coverage.

Especially in the field, the original advantage in the martial arts field continued to expand, from 81% of the market share to 89%.

The cumulative market share in other fields has expanded from 27% to 54%.

In addition to acquiring companies locally in Hong Kong, Gavin Peter also established seven subsidiaries in Southeast Asia in one go. At the beginning, he followed the acquisition strategy and acquired a total of 12 companies.

After some acquisitions, Gavin Peter invested 189 million Hong Kong dollars, all of which were to raise funds for the acquisition through bank loans.

The results of the acquisition are also gratifying. The total number of employees in the company has been directly expanded to 758, monthly revenue has exceeded 60 million Hong Kong dollars, and monthly net profit has reached 12 million Hong Kong dollars.

Although Jiuding Book Publishing Company was burdened with high debts, Xia Yu didn't mind, just because Gavin Peter was able to expand the company's revenue and profits after the acquisition, which shows that the acquisition was successful, and what is the debt? important!

After Gavin Peter's report, Xia Yu also encouraged him to continue to manage the company according to his ideas.

The next report is Ma Tengdong.

Although Ma Tengdong had already reported to Xia Yu when he went north to the mainland, but the others sitting there didn't know, so he needed to report again.

When Xia Yu went to the United Kingdom, the comic magazine "Milk Manke" had been successfully divided into four comic magazines: "Moe", "Fantasy", "Rui" and "Ran".

These four comic magazines, each of the comics is a high-quality product, with the original popular comics guide, the quality of the new comics can also retain the readers, so the original one trump card directly becomes four.

The original "Military Friend Manke" had a circulation of 2.55 million copies in the island country week, ranking second in the island country. With continuous efforts, it directly surpassed the "Weekly Youth SUNDAY" of the Xiaoxueguan.

"Weekly Shonen SUNDAY" due to negative factors and quality comparisons, the weekly circulation dropped from 2.82 million copies at its peak to 2.7 million copies. It was surpassed by "Zhiyin Manke", and the gap began to widen.

Just when the "Military Manke" reached the top of the island country comic throne~www.readwn.com~ The shocking news came out, "Military Manke" was divided into four directly!

Originally, Yiqiao Group and Yin Feather Group were very excited about this, because in their opinion, Jiuding Animation Co., Ltd. had a brainstorm and digging holes for themselves.

Unexpectedly, after a point of four, although "Weekly Shonen SUNDAY" once again boarded the throne, "Weekly Shonen JUMP" also returned to second, but the third, fourth, fifth, and sixth place Comics of "Milky Way".

Next, the nightmare of Hitotsubashi Group and Otowa Group came.

With so many high-quality comics, word of mouth has directly exploded, and under the linkage effect, the impact on the island country’s comics is unparalleled.

There is no harm if there is no comparison. A comparison shows that the quality of "Weekly Shonen JUMP" and "Weekly Shonen SUNDAY" are very poor. With limited pocket money in readers' pockets, most readers choose to buy one of "Zhiyin Manke" This or a few.

This has led to an avalanche in the sales of comic magazines such as "Weekly Shonen SUNDAY" and "Weekly Shonen JUMP", as well as other comic magazines. The drop in sales has directly become the bread and butter of "Military Manke".

Only six weeks have passed since the sub-issue, that is, the seventh issue after the sub-issue. The four comic magazines "Milk Manke" and "Meng Huan Rui Ran" directly ranked among the top four in island comic magazines.

The circulation of the four manga weeks totaled 9.8 million copies, and then went up all the way.

So far, the latest weekly circulation has reached 11.2 million copies, an average terrorist circulation of 2.75 million copies.

It can be said that "Military Friend Manke" directly pushed the golden age of island comics into force!

And the weekly circulation of 11.2 million this year is only the data of the island country’s domestic market. You must know that "Military Manke" is distributed throughout Southeast Asia!

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