The wealthy entrepreneur: I want to support millions of employees!.

Chapter 1097 Su Yang flaunts his wealth! Running a hotel is my dream!
He had already heard that Su Yang had offered Yida Hotel Management Company 2.5 billion!

how to say?

It cost 300 million more than their usual price!

They originally wanted to take advantage of Yida Group's debt problems to profit from Wang Jianlin, but they didn't expect that a dark horse would emerge so quickly!

Tongcheng certainly has money, but if possible, who wouldn't want to get a bargain?

Su Yang hesitated for a moment and said, "Can I say that running a high-end hotel is my dream?"

"A dream?"

Sun Zhiliang murmured.

This answer surprised him somewhat, but seeing Su Yang's young and handsome face... he felt it was somewhat real!

“Yes!” Su Yang nodded. “Over the years, I’ve stayed in many hotels and met many wealthy people. They all feel that staying in foreign hotels like the Hilton is more prestigious…”

"So that's it!"

Sun Zhiliang believed it again: many young people nowadays like domestic brands!

"Our Jufan Holdings excels in the service industry!" Su Yang continued, "Whether it's fitness, tourism, or catering, we're among the top in the country!"

“Yes!” Sun Zhiliang nodded in agreement. “Jiuxiang Catering is indeed very strong now!”

"Recently, Jiuxiang Catering helped Darun Supermarket set up an affordable canteen, which also helped increase the supermarket's foot traffic. Tiancheng International Hotel's catering services, as well as its sleep aid services, are also top-notch!"

"I know that. Our customers have given us a lot of positive reviews on our Tongcheng app. Since your Jufan Hotel Management bought Tiancheng International, your occupancy rate has increased significantly. Among all the five-star hotels in Rongcheng, your growth rate is the highest!"

Su Yang laughed and said, "Have you checked everything?"

"Yes, we've checked everything. Our company places great importance on data!"

"What are Chairman Sun's thoughts?"

"We still prefer a full acquisition!"

Su Yang beckoned to Yu Chengjun, who immediately handed him a document.

Su Yang then handed the document to Sun Zhiliang...

"what is this?"

"This is proof of some of our company's private equity assets!" Su Yang said with a smile. "The certificate was issued by my private equity firm, but it came through a bank, so it's quite authentic!"

"Uh……"

Sun Zhiliang felt that Su Yang was being a bit too direct, but he still glanced at it.

When he saw the more than 30 billion yuan in private equity assets, he couldn't help but take a deep breath!

What the hell?
This was the first time he had ever seen a company buy 30 billion yuan worth of private equity funds!

Large companies almost always invest in more liquid fixed-income products such as money market funds, short-term bonds, and bank wealth management products.

Only a very small portion of the funds will be used to purchase private equity funds!

In other words, besides the 30 billion, Jufan Holdings likely has other cash assets.
He would believe Jufan Holdings could pull out another 30 billion yuan in bank deposits if they had this 30 billion yuan private equity fund!
Six hundred billion...that's already more than the market value of Tongcheng Travel!

If their company's current profits remain constant, it would take them more than twenty years to earn that much!

"Chairman Su is really...rich!"

What could he say?
This is the first time he's ever encountered someone flaunting their wealth like this!
"Therefore, I think I should be able to buy Yida Hotel Management!"

Su Yang was in a very good mood, having the chance to show off his wealth in front of rich people!

He's not afraid of being targeted; on the contrary, he'll spend the money, and some of it is even mortgaged to the bank!

"Sigh~ Why bother, Mr. Su?" Sun Zhiliang said helplessly. "Chairman Su should know that Tongcheng and Xiecheng already have a 70% market share!"

That statement carried a hint of threat!
However, Su Yang didn't care. If he were talking business, if he monopolized most of the terminal channels, he would definitely do the same!

"It's alright!" Su Yang said nonchalantly. "I can join forces with ChouTuan, Douyin, or even Alibaba. I've had good collaborations with these companies, especially Douyin and Alibaba. Recently, Jack Ma has been very strong since his return to Alibaba. He's even pushed ChouTuan to its limits with his food delivery business. Douyin is definitely interested in hotels, and Yida Hotel Management is a valuable asset. They've also recently entered the hotel industry... Besides, XieCheng is your shareholder, and you're also competitors. Can you control them?"

Isn't this somewhat contrary to the Heavenly Order? "This... alright!"

Sun Liangzhi frowned slightly; he knew he couldn't fool Su Yang.

They are indeed very worried about Douyin!

Even with Tencent's backing, they still feel a headache facing the monster that is Douyin!

"Can I go back and think about it properly?"

When it comes to money, Sun Zhiliang knows he can't beat his opponent!
These young people who make their fortunes incredibly quickly often spend money recklessly.

Unlike those who are good at managing their finances and are meticulous in their calculations!
Even if they bring in Tencent Investment, even if they acquire Yida Hotel Management, they might only achieve a Pyrrhic victory in the end. Next, they will still have to deal with the current decline in the business of high-end hotels!
Wanda Hotel Management currently has an annual profit of over 20 million yuan, and its performance is still declining. If the price is raised to 3 or 4 billion yuan, they will also be under great pressure. He still knows how to be flexible...

"Of course!"

Su Yang couldn't force Sun Zhiliang; he also wanted everyone to cooperate and run the business well.

Tongcheng and Tencent provide them with traffic, and they are responsible for the operation!
If an agreement can be reached, it will be good for both sides!
He doesn't really rely on XCtrip's traffic, since although XCtrip is the second largest shareholder of Tongcheng, they are still competitors!

Now that he's running a high-end hotel, Su Yang is feeling some pressure!
The industry has low profit margins and a sluggish overall market, but the most fatal problem is that Yida Hotel Management has more than 200 hotels already in operation and more than 400 more waiting to open. The most important issue is the location, which Su Yang can't change even if he wants to!
However, as long as he can gain control, he can steadily fleece his employees, which is always a good thing!
Tongcheng really pulled a dirty trick by buying Yida Hotel Management, but Su Yang isn't afraid!
But if they can join forces, it will definitely be a win-win situation for both sides, and it will save him a lot of trouble!
"Boss, do you think Chairman Sun will agree to the cooperation?"

After Sun Zhiliang left, Yu Chengjun asked in a low voice.

"Highly likely!"

Su Yang said with a smile.

"really?"

“Of course!” Su Yang nodded. “Yida Hotel Management is a rare commodity. There are almost no high-end hotel brands available for purchase in China right now. Tongcheng has a lot of hotels, but it lacks a high-end hotel brand… Old Wang wants to sell the company, not to do any resource integration. In terms of financial resources alone, Tongcheng is still not as good as me. If they don’t want to miss out, cooperation is the best way!”

"Hmm!" Yu Chengjun nodded. "That seems to be true!"

"Alright!" Su Yang said, sitting up from the sofa. "I'm planning to go back to Rongcheng the day after tomorrow. Can you book my tickets?"

"The boss isn't keeping him?"

"I'm not staying here, there's no problem here!" Su Yang said after thinking for a moment. "I'll go to Gaoxing Retail again tomorrow, and I'll come back when I've bought the house!"

"Ok!"

Su Yang couldn't stay here any longer; he still had a mission in Rongcheng.

For example, get Qin Shuang pregnant as soon as possible!
That same night, he received a call from Chen Tao.

"Su Yang, I went to the hospital for a checkup today. Guess if I'm having a boy or a girl!"

"girl?"

Su Yang calculated that Chen Tao got pregnant in January, and now it's May, so she's about four months along.

He really wants a daughter because he already has two grown sons!
Only Yuan Sisi was carrying a son, while only Tao Xue was carrying a girl...

"Guess again!"

"Emmm... a boy?"

"Congratulations, you're right, it's a boy!"

Su Yang pursed his lips. He'd already been given a second chance; could he possibly answer incorrectly again?

"Do you like boys or girls?"

I love all the children you gave birth to!

"Don't try to fool me, tell me the truth!"

"The truth is, it's a boy!"

"But I want a girl..."

(End of this chapter)