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

Chapter 573 The eight major domestic beverage factories - Tiancheng Cola!
Even though Su Yang didn't spend much money last month, the company's expansion results are still quite good.

Jiuxiang Catering is expanding very rapidly in Hunan and Hubei provinces, and the managers in both places are recruiting local employees for training.

Each hotpot restaurant has an average of thirty employees, so ten restaurants would have three hundred employees!
Not to mention there are also branches of Weimeijia!

Once they pass the interview and physical examination, the waiters recruited by Jiuxiang Catering will begin training.

During this period, Jiuxiang Catering will not charge any training fees, and will also provide employees with food, accommodation and basic wages.

Jiuxiang Catering is still in a period of rapid expansion, so the business of Jiuxiang Hotpot and Weimeijia branches are very good, but overall, the net profit is still not high!

But Su Yang didn't care at all. He could earn the employees' salary and benefits and eat happily!
There is no need to talk about Xinghuo Entertainment, those internet celebrities are still creating profits for the company.

The more fans an internet celebrity has, the greater the influence of Xinghuo Media, the more business it receives, and the more profit the company makes and the more money it distributes to internet celebrities and employees!

Last month, Su Yang's short drama business was also very successful. Four short dramas made profits in succession, and the profits were extremely high!
Under Su Yang's instructions, Heili Film and Television gave its employees bonuses of more than one million!
Not counting the two new short drama filming crews, even if we add the two old short drama filming crews, the number of employees of Heili Film and Television barely exceeds fifty people!

Even the most basic employees can get bonuses of tens of thousands.

Su Yang also gave additional red envelopes to the screenwriters of the four short plays.

He also wanted to encourage those who were making the short drama to work harder.

His vision is indeed an important factor in Heili Film and Television's ability to make money.

But screenwriters, filming crews, actors, post-production, and streaming are equally important, which all require certain skills and experience, so Su Yang is also willing to reward them!

Of course, he earns more!

Heili Film and Television was established not long ago, and even after paying taxes it can still make a net profit of more than 20 million!

Therefore, this time when paying salaries, due to the larger bonuses, Heili Film and Television will see a significant increase in loyalty.

People like Tian Jianuo and Di Zian are both employees of Heili Film and Television!
And Ran Mengyang is one of the screenwriters who provided the script for the short play!

Last month, Su Yang mainly acquired the Aiyouchong chain of pet hospitals.

The addition of these eight pet hospitals has led to a significant increase in Shenmiao Pet’s salary expenses.

We also acquired the Beijing-based Oakland Fitness chain, which brought in more than 200 employees!

In addition, a group of new employees of Jiuxiang Food were officially converted to regular employees, Meijia Housekeeping and Hongyu Law Firm also entered Hunan Province, and Su Yang recruited some outstanding talents and dispersed them to several subsidiaries... These are all salary expenses!

The 140 million this time, plus the 70 million that Su Yang has not spent yet, the cash on hand has reached 210 million.

Su Yang estimated that some bosses of companies with a market value of tens of billions might not have as much cash as he did!
Now that he has the funds in hand, Su Yang is no longer panicking.

Even if he can't spend it now, he can save money for a while and buy a top-notch luxury house in Shanghai, Shenzhen, or Beijing, and then mortgage it at the bank, which is also quite good.

He also has a 70% discount home purchase card that he has never used!

Su Yang was very happy after adding 1 agility point and 1 strength point to his physical attributes.

Just at this moment, Jiang Yuzhen brought Su Yang several documents.

Su Yang glanced at her, pursed his lips and smiled: "After get off work today, you will work overtime with me!"

"Good boss!"

A barely perceptible embarrassment flashed across Jiang Yuzhen's eyes, and then she nodded formally.

After not seeing each other for a few days, she really missed Su Yang a little!
If you didn’t know, you would think that they really had to work overtime!
Just when he was about to get off work, Su Yang received a call from Tan Yanghong.

"What's up, Old Tan?"

"Boss, didn't you ask me to find a beverage brand to acquire?"

"Yes!" Su Yang couldn't help but laugh, "Are there any clues?"

"Boss, have you heard of Tiancheng Cola?"

"Hmm?" Su Yang said with a smile, "I know something about this brand!" "I thought you didn't know!" Tan Yanghong said with a smile, "After all, when this brand became famous, the boss might not have..."

Having said this, Tan Yanghong felt that he had spoken out of turn and quickly shut his mouth.

"Yeah! I know, I definitely wasn't born!"

Su Yang didn't care about this. He cared more about Tiancheng Cola.

Because he planned to develop in the beverage direction, he took a quick look at domestic beverage brands!

Tiancheng Cola was founded in the 1980s and was one of the eight largest beverage factories in China at that time.

It was almost twenty years before Su Yang was born...

If we really want to trace back history, Tiancheng Cola may be traced back to the 1930s.

That is the birth of the Shancheng Meihua Soda Factory, which was established in 1936.

At its peak, Tiancheng Cola had 108 bottling plants.

In the early 1990s, a bottling plant was established in Moscow. Shimakuni Kazama Co., Ltd. took the initiative to act as an agent and set up a company in the World Trade Center in the United States, specializing in the sales of Tiancheng Cola and entering the US market.

However, Tiancheng Cola suffered the same fate as most of the other eight major domestic beverage factories. After its joint venture with foreign cola giants, it was shelved and gradually faded out of the domestic market.

The Chinese people at that time were so simple and honest, and were badly cheated by foreign capital!

Many domestic brands were shelved and disappeared by foreign capital after the joint ventures.

It was not until 16 that Tiancheng Cola regained its trademark and formula and announced its comeback.

But it was already late by then.

There is not much market share left in the domestic cola market, and the cola brand that has disappeared for 20 years has been forgotten by many people.

Tiancheng Cola’s domestic cola market share has fallen from 70% at its peak to less than 1%... and has been in the red ever since!

Su Yang asked in a low voice: "So, do we have a chance to buy this company?"

Tan Yanghong asked softly: "I think we can talk!"

"Is it expensive?"

Su Yang still has to consider the price issue.

He doesn't have much money!

"Tiancheng Cola has gone through bankruptcy and reorganization once. Now Tiancheng Cola has two shareholders... I received news that Shancheng Textile Group, which holds 12% of the shares, wants to sell its shares in Tiancheng Cola, and the reserve price is million!"

“12% is too little!”

Without more than 50% of the shares, it is impossible for Su Yang to acquire it!

"I think we can talk to another major private shareholder!" Tan Yanghong whispered, "Tiancheng Cola has been losing money since its bankruptcy and reorganization. Shancheng Textile Group is a state-owned enterprise, and they are planning to withdraw completely. If the other major shareholder is willing, we can buy it all!"

"It's not impossible!"

Any company has value. Tiancheng Cola has been losing money for years, losing millions every year!
Its brand value is now relatively low, after all, it has been forgotten for a long time.

Even the local young people in Rongcheng and Shancheng may not be clear about it, let alone outsiders!

Just like many young people don’t know about Guangdong Province Asia Soda, they think it is a fake brand when they first hear it.

Moreover, competition in the cola market is very fierce.

Buying Tiancheng Cola means directly competing with the two international giants, Pepsi and Coca-Cola!
It’s impossible to say there is no pressure!

Moreover, judging from the valuation given by Shancheng Textile Group, Tiancheng Cola’s valuation is only less than 100 million...!
Even if we acquire it at a premium, it can't be as high as 200 million, right?
(End of this chapter)