I Treat You as My Sister, But You Want to be My Wife?!
Chapter 157 Don’t Be Afraid to Spend Money_1

Chapter 157: Chapter 157 Don’t Be Afraid to Spend Money_1

"Sigh!" Xu Fei thought about it over and over, and sighed heavily, snuffing out the cigarette in the ashtray before grabbing another one to light.

In the ashtray, cigarette butts were already piled up.

"Mr. Xu, there’s good news!"

Just then, a middle-aged beautiful woman burst in, her face full of excitement.

This was Xu Fei’s wife, Jian Feng, the company’s Chief Financial Officer, and also Xu Fei’s assistant.

Many things were handled by Jian Feng.

"What good news?" Xu Fei didn’t take it seriously at first, and with a flick of his lighter, he lit the cigarette. While puffing out smoke rings, he leisurely asked.

Now, unless someone was coming to acquire the company, nothing qualified as good news.

But he knew this was almost impossible, no one would take the initiative to come for acquisition.

The two people who had come to look before were approached by him personally.

In any case, since the news was out that the company was up for sale, no one had come forward to negotiate a purchase.

"There’s a company that says they’re interested in acquiring our company," Jian Feng said excitedly.

"Are you serious?" Xu Fei was stunned, and it took him a while to ask.

"Really!" Jian Feng nodded, "Stop smoking, if you keep it up, you’ll smoke yourself to death. Now that there’s a company interested in acquiring us, you need to pull yourself together!"

"Alright, alright, I’ll stop." Xu Fei quickly snuffed out the cigarette and placed it in the ashtray, "Tell me, which company is interested in acquiring our company?"

Jian Feng said, "Dongyan Investment."

"Dongyan Investment?" Upon hearing this, Xu Fei frowned.

During this period, he had reached out to a lot of investment companies.

He was familiar with the more well-known domestic investment firms but had never heard of this one.

"What’s the background of this company?" Xu Fei couldn’t help asking.

"Mr. Xu, this company is no small player. Although it was only established last year, every one of its investments has yielded amazing returns," Jian Feng explained.

"Is that so? Tell me more," Xu Fei said.

"Last year, Dongyan Investment took over a gold mine in the African Nation of Ghana from Xijiang Gold Company for thirty million, and just half a month later, they struck a large amount of gold. They then sold the mine to Dongshan Gold Company for one billion and thirty million," Jian Feng reported.

"What, they made ten billion just like that!" Xu Fei exclaimed in shock, jumping up.

He had been running his company for over a decade and had never made ten billion.

Dongyan Company had made ten billion in just over half a month.

"There’s more," Jian Feng continued, "The owner of Dongyan Investment is also the biggest investor in this year’s blockbuster movie ’The Battle Tiger.’ It’s said he made two to three billion from dividends alone, and he’s also the boss of Dongyan Guild and Shuidilao!"

Jian Feng revealed several of Shen Dong’s identities all at once.

As for Shen Dong’s investment in Yikang Pharmaceutical, she had not discovered that yet, so she was unaware.

Nevertheless, these few identities of Shen Dong were already enough to shock Xu Fei.

With such an owner, Dongyan Investment was clearly very impressive.

"Give me their phone number, I’ll make contact and arrange a meeting as soon as possible," Xu Fei said eagerly.

"There’s no need for that, they’ve already said they will come over for an inspection at three in the afternoon. If there are no issues, they will proceed with the acquisition," Jian Feng said with a smile.

"That’s fantastic." Xu Fei was excited, "Since they are making the first move, it seems they have a very serious intent. Maybe we can clinch the deal this time."

The company wasn’t doing well, which the other party must be aware of.

Still willing to come for an inspection, there was a great possibility they would acquire it.

...

Three o’clock in the afternoon.

Shen Dong arrived with his team at Lixing Copyright Company.

"Mr. Shen, welcome, welcome."

Xu Fei, along with his wife and several senior executives from the company, greeted Shen Dong.

Seeing Shen Dong, Xu Fei was quite surprised.

There was no getting around the fact that Shen Dong was too young.

He was about the same age as his son.

Without a doubt, Shen Dong must have been a second-generation rich kid—and not just an ordinary one.

"Hello, Mr. Xu," Shen Dong greeted as he shook hands with Xu Fei.

After exchanging a few pleasantries, Xu Fei led Shen Dong and his party into the company’s reception room.

Then he handed over the prepared documents to Shen Dong’s people for review.

An hour later, the review results were out.

The company had no issues like tax evasion or illegal operations, and its financial books were very clear.

The only problem was that the company’s profitability was not great. Although it had been established for more than a decade, except for the first few years of expansion and development when profits were slightly better, the subsequent years’ profits had not been impressive, barely making a few million in a year, and some years even at a loss.

Of course, the loss wasn’t substantial.

For a company ranked second in the industry, this was a very poor performance.

To buy such a company at a high price definitely didn’t seem worthwhile.

Keep in mind that the asking price for the company was two hundred million yuan, which seemed, by all accounts, to be an unprofitable deal.

Given this situation, it was hard to tell when they might recoup the costs.

Two hundred million was Xu Fei’s bottom line.

Seeing that Xu Fei was unwilling to budge, Shen Dong did not push for a lower price and simply agreed.

After signing the contract and transferring the funds, Shen Dong officially became the boss of the company.

Xu Fei and his wife made the handover and then left.

The company’s employees naturally continued to work at the company.

As for the employees, who the boss was did not matter much to them; they still had work to do regardless.

Shen Dong called a meeting with the company’s senior management and promoted a vice president to the role of general manager.

The new general manager was named Lu Xingzhou, a mature and steady middle-aged man.

Shen Dong transferred three hundred million yuan into the company’s account and entrusted Lu Xingzhou with a task: to acquire as many rights as possible to movies, television, music, novels, and other content within forty days.

He added one last thing, "Don’t be afraid to spend money; if you run out, just give me a call."

Lu Xingzhou was stunned.

He did not understand why the boss wanted to do this and couldn’t help but advise, "Boss, instructing me to buy all sorts of rights regardless of cost may not be a wise move."

Was the boss burning through cash or what?

Purchasing various rights at any cost, when would they be able to make the money back?

As the new general manager, he felt it necessary to persuade Shen Dong.

"Just do as I say; don’t worry about the expense, and in time, you’ll understand what my instructions mean," Shen Dong replied with a faint smile.

"Alright then," Lu Xingzhou had nothing more to say.

...

That evening,

Shen Dong received a call from the lead attorney of the team suing Jiahua Film and Television.

The case was not proceeding smoothly. Jiahua Film and Television was a heavyweight company with considerable influence, and the case was meeting resistance.

The legal team was under various pressures.

Some had even quit the team out of fear.

Given the current situation, the team might disband before even getting to trial.

Shen Dong had anticipated trouble, but he had not expected it to be this severe; Zhu Zhiyong’s influence was apparently greater than imagined.

Shen Dong assured the lead attorney to be at ease and said that he would take some actions.

After ending the call, he turned on his computer, looked up information related to Jiahua Film and Television, and, using hacking techniques, obtained private information about some celebrities.

Search the lightnovelworld.cc website on Google to access chapters of novels early and in the highest quality.