I Treat You as My Sister, But You Want to be My Wife?!
Chapter 232 Company Situations_1

Chapter 232: Chapter 232 Company Situations_1

June 29, Saturday.

Shen Dong arrived at Dongyan Media and convened a management meeting to hear their work reports and understand the recent developments of the company.

Now, the Dongyan Guild had over nine hundred hosts.

The recent national cleanup of chaotic livestream selling by Doule led to the collapse of many guilds, and numerous hosts applied to join the Dongyan Guild.

During this period, the number of hosts in the guild surged rapidly.

If it weren’t for strict controls, the number of hosts might have exceeded two thousand.

Now, the Dongyan Guild had more than twenty hosts with over ten million fans each.

Hosts with over a million fans even surpassed a hundred.

It could be said that, in terms of both the quantity and quality of hosts, the Dongyan Guild was undoubtedly Doule’s number one guild.

Many major brands actively sought them out for cooperation, whether it was for advertisements or to collaborate on exclusive livestream selling events.

As for ordinary brands, there were even more looking to collaborate.

Regarding this aspect of review, Shen Dong’s requirement was consistent: the products must be of guaranteed quality.

This rejected many ordinary merchants. The goods sold during the livestreams were basically branded products.

No way around it, the Dongyan Guild didn’t have the resources to verify all the untested products from ordinary merchants.

This was why Jiamei Company’s cosmetics, though of good quality and aiming for a collaboration in livestream selling, failed to finalize the deal.

Because the company was too small, it was difficult for the Dongyan Guild to verify its claims, and, to ensure the quality of the products sold, they had no choice but to decline.

This wasn’t good news for some small and medium-sized enterprises.

But there was no helping it, and in this area, Shen Dong asked Wang Jingpeng to think of a solution.

Shen Dong thought that the guild should not only aim to make money but also carry a social responsibility; he was very willing to help those good small and medium-sized enterprises grow.

Of course, this also benefited the Dongyan Guild. Once these small and medium-sized enterprises grew, they would become a network of contacts.

Who knows, Shen Dong might even find some enterprises worth investing in.

Additionally, when selecting products, the company established a comprehensive responsibility mechanism.

That is, whoever is responsible for introducing a brand’s products would be accountable if there were any issues with those products.

Wang Jingpeng, as the general manager, would bear joint liability, thus minimizing the chance of inferior products entering the market.

After learning about the situation, the other executives left, and Wang Jingpeng stayed behind.

He had more to say, issues suitable for discussion with Shen Dong alone rather than in front of other executives.

"Mr. Shen, recently many financial groups have contacted us wanting to invest in our company. There have even been securities companies calling us, saying they could sponsor our IPO," said Wang Jingpeng.

"What do you think?" asked Shen Dong.

In the current state of Dongyan Media, he and Chen Yuyan held ninety percent of the shares, with Wang Jingpeng holding ten percent.

He held absolute control, what he said went unquestioned.

He felt there was no need for an IPO.

Wang Jingpeng was a shareholder of the company, and as previously agreed, Shen Dong tried not to intervene in the company’s operations.

Shen Dong wanted to hear Wang Jingpeng’s thoughts first rather than directly vetoing the idea.

This was out of full respect for Wang Jingpeng.

Otherwise, it might lead to unwanted thoughts or dissatisfaction from Wang Jingpeng.

He didn’t want to cause Wang Jingpeng to develop such thoughts over this matter.

If Wang Jingpeng wanted to go public, then he would speak to convince him otherwise.

In any case, open communication was key to avoid future issues.

"Mr. Shen, our company has a very strong earning capacity, and it’s all cash flow. Unless we operate across industries, we really don’t need to finance,"

"You already have Dongyan Investment, so you definitely don’t need to use Dongyan Media to invest in other companies."

"Having other shareholders through public listing can be troublesome, and I think there is no need to go public."

Wang Jingpeng voiced his thoughts.

"Mr. Wang, my thinking aligns with yours," Shen Dong said with a smile.

Now, many large financial groups wanted to invest in his companies, be it Shuidilao, Dongyan Media, Dongyan Investment, or Dongyan Games.

But he hadn’t agreed because he wasn’t short on cash. He would only consider financing when necessary.

The shares he gave to Zhou Chengyu and the others in Shuidilao last time were entirely due to practical considerations.

Shuidilao needed to expand, and for that, they required the backing of Zhou Chengyu and Wan Pengfei.

Currently, all the companies were thriving, and there was no need for financing.

As for going public, that was even less in his thoughts.

After that, Shen Dong went upstairs to get an update on Lixing Company.

There was good news; the company had partnered with China Central Television, greatly solidifying Lixing Company’s dominant position in the industry.

Later on, Shen Dong visited Dongyan Games and Dongyan Investment.

Dongyan Games was on the nineteenth floor of Fuli Building, while Dongyan Investment was on the fifteenth floor.

Now Shen Dong’s several companies—Dongyan Media, Dongyan Games, Dongyan Investment, and Lixing Company—all had their premises in Fuli Building.

Shen Dong arrived at the general manager’s office of Dongyan Games and met with Jia Tongsheng to receive his work report.

Shen Dong mainly wanted to hear about the progress of "Survivor of the Deep Seas."

"Survivor of the Deep Seas" had been localized and had been launched for several days.

Shen Dong wanted to hear about the situation.

"Mr. Shen, ’Survivor of the Deep Seas’ now has over five million players, but there’s one issue—the game’s high system requirements limit the number of players. Otherwise, we might have hit ten million," Jia Tongsheng reported.

"Mr. Jia, true gamers will actively invest in high-performance computers. If they’re not willing to spend money on a good computer, do you think they’ll be willing to spend money on our game?" Shen Dong said with a laugh.

He wasn’t worried about this problem at all.

Those who wanted free gameplay weren’t his target audience.

Only those willing to spend money were his targets.

According to the information given by the system, "Survivor of the Deep Seas" would have over fifty million players within two years, which showed its popularity.

Having only five million players now was just a tenth of that future number. There was still a long way to go.

"I’ve been negligent," Jia Tongsheng finally realized.

It wasn’t his fault; mainly, he didn’t play games often, and even when he did, he wouldn’t spend money.

To put it simply, he was a bona fide freeloading gamer.

His status had led to his oversight of the situation Shen Dong mentioned.

"How is the recruitment of game production talent going?"

Shen Dong smiled and shifted the conversation from that topic to another question.

He knew that Jia Tongsheng was a newcomer to the gaming industry, which was why he could ask such a basic and even naive question.

Once Jia Tongsheng fully grasped the industry, this wouldn’t happen again.

Shen Dong believed in Jia Tongsheng’s ability. Capable people could manage cross-industry without any problems.

For these individuals, professional knowledge was the simplest part.

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