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

Chapter 854 Prepared Foods and Local Five-Star Hotel Brands!
Pre-cooked meals were all the rage a few years ago. Seeing that everyone was making pre-cooked meals, especially New Dream Group which was also vigorously developing the pre-cooked meal industry, Zhang Hao followed suit and invested in building a factory to establish Yonghao Foods.

In its first year, Yonghao Foods made some money thanks to the popularity of pre-made meals.

However, in the following two or three years, Yonghao Foods fell into a quagmire of losses.

Even after replacing several managers, Yonghao Foods was unable to reverse its decline!

Not long ago, Tan Yanghong contacted the general manager of Yonghao Foods, but after learning that Jiuxiang Foods wanted to acquire Yonghao, Zhang Hao still refused.

At the time, he was still hesitant and didn't want to talk to Tan Yanghong!

However, after seeing Su Yang just now, Zhang Hao weighed the options again and sought the opinion of a friend. His friend felt that if Yonghao Foods really couldn't work out, strategically introducing Jiuxiang Foods would be a good option!

It's obvious to everyone how rapidly Jiuxiang Foods has risen to prominence recently.

Moreover, several companies under Su Yang's control are also very important to Yonghao Co., Ltd.

If Yonghao Co., Ltd. can obtain channel support from Jiuxiang Catering and Fengyuan, it can also make a profit!

Shedding a loss-making burden and bringing in a strategic ally is a better deal no matter how you look at it!

Of course, another point is that Yonghao Group has been losing money in the pig farming industry, and it is under great pressure. Jufan Holdings is also quite reputable for acquiring companies, willing to pay cash, and is quite generous... It is a well-known wealthy and powerful company!
Su Yang asked briefly, "What kind of ready-to-cook meals does Yonghao Foods mainly produce?"

"We mainly make ready-to-eat meals, selling to both B2B and B2C customers!" As if afraid Su Yang wouldn't understand, Zhang Hao added, "The kind that you can just heat up and eat. Our company's boiled sliced ​​pork and spicy blood curd are pretty good."

"That's not bad!" Su Yang nodded. "There's no conflict with Fengyuan!"

"Hmm!" Zhang Hao nodded, looking at Su Yang with some anticipation. "What did President Su say?"

"We can go take a look!"

"Alright!" Zhang Hao perked up a bit. "Whenever you have time, I'll take you!"

"Row!"

Once the matter was settled, Zhang Hao's face relaxed with a smile.

It's obvious that Su Yang is interested in Yong Hao!

Su Yang was also in a good mood. If Yonghao Foods didn't have any major problems, it would indeed be a good acquisition target.

At least the initial scale is good, and it's located locally, which makes management convenient!
Whether it's a controlling stake or a direct acquisition depends mainly on Zhang Hao's attitude.

If Zhang Hao agrees with his management philosophy, he wouldn't mind hanging out with Zhang Hao.

Just then, Zhang Hao said with a smile, "President Su, I heard that your Sichuan Rong Veterinary Medicine has been doing well lately. The quality of your medicines has improved, and the veterinarians say the effects are very good!"

Su Yang asked curiously, "Is it that obvious?"

"Our company has a veterinary diagnostic laboratory!"

"Yes!" Su Yang nodded. "You know I run an honest business, at least I guarantee the quality!"

"President Su's reputation is indeed very good!" Zhang Hao nodded, took out a cigarette case, and asked, "May I have a cigarette?"

"can!"

Zhang Hao went to the window, opened it wide, lit a cigarette, and took a deep drag.

"If I hadn't trusted President Su, I wouldn't have bought any raw stones during the last fundraising round!"

"Thank you for your support, Mr. Zhang!"

"If you ask me, our company raises pigs quite well, no worse than New Dream Group's. You could easily ask Fengyuan and Jiuxiang Catering to buy more?"

"That depends on what General Manager Ji and General Manager Qian think!" Su Yang began to dodge the question. "They can't just choose one channel to buy meat; there are quite a few excellent large-scale breeders in our province!"

Zhang Hao scratched his head and felt that Su Yang was too slippery!

He's been so sincere!
Su Yang changed the subject again and chatted with Zhang Hao about Yonghao Foods!
When asked why he didn't open a pre-prepared meal store, he learned that Zhang Hao had indeed invested in it, but the market didn't accept it, and he couldn't raise funds, so the pre-prepared meal store failed! Just then, Su Yang's phone rang.

He glanced at the caller ID; it was Tian Yongming.

"Chairman Tian?"

"Mr. Su, where are you now? Old Wang wants to see you, but he can't find you..."

Su Yang glanced at Zhang Hao: "I'll go over there!"

"Okay, it'll be right in the lobby!"

"Ok!"

After hanging up the phone, Zhang Hao asked, "Was that Tian Yongming looking for you?"

"Correct!"

"Then I won't keep you any longer. Remember to go see the factory together!"

"Row!"

After saying goodbye to Zhang Hao, Su Yang walked out of the small conference room and met Tian Yongming and Wang Jianlin.

Tian Yongming praised Su Yang at length, mainly commending Su Yang's success in the catering, food, and finance industries, saying he was a well-known figure in Rongcheng. Then Lao Wang asked Su Yang if he was interested in Yida Plaza and if he had any plans to buy a few units...

Su Yang quickly declined, then said he had no interest in such heavy assets that would require too much cash in the short term. Finally, he added, "I think your Yida Hotel Management is pretty good!"

Old Wang was stunned for a moment, but Tian Yongming laughed first!

Tian Yongming couldn't help but laugh and said, "President Su, you really dare to bring this up. This is Old Wang's lifeline!"

"I genuinely think Yida Hotel is excellent!" Su Yang said sincerely. "Most of the five-star luxury hotels in China are foreign brands, and among our local brands, Mr. Wang's Yida is the best... I've always considered Mr. Wang my idol!"

idol?

Cutting flesh off one's idol?

Old Wang is truly unfortunate to have a fanboy like you!
Tian Yongming pursed his lips, trying hard not to laugh.

Old Wang took a deep breath and finally smiled politely, "I'm sorry, Yida Hotel is not for sale at the moment!"

“I know!” Su Yang nodded. “But Mr. Wang can come to me whenever he wants to sell. I may not have as much money as those big corporations, but I can definitely raise several hundred million in cash in a short period of time!”

"Ok!"

Old Wang nodded seriously, indicating that he had remembered Su Yang!
Companies that can raise hundreds of millions in cash in a short period of time are worth his attention!
After all, his most important task at Yida now is to sell off assets to pay off debts.

If Lao Wang remembers Su Yang when he sells Yida Hotel in the future, then Su Yang's goal will have been achieved.

He was indeed very interested in Yida Hotel Management, which started its hotel business as early as 96.

At that time, Su Yang wasn't even a fertilized egg!
If we can acquire Yida Hotel Management, we can gain access to nine mid-to-high-end hotel brands that Lao Wang has painstakingly built up over thirty years.

Moreover, this company has no heavy asset burden and relies entirely on management profits.

Furthermore, the company has a stable cash flow, with a net profit of over 150 million yuan last year.

Then there's Yida Hotel Management, which also has the management rights to over 200 hotels already in operation, over 300 hotels awaiting opening, 17 million members, and a rare high-end brand operation team in China...

These are all excellent resources!
Su Yang's foundation is still in the service industry, so he will definitely be involved in high-end hotels in the future.

He's already making plans!
But if we could buy Yida Hotel Management, we could save money for many years out of thin air!
Of course, there are definitely risks involved in acquiring Wanda Hotel Management now.

If Yida really goes bankrupt, the Yida Hotel brand under Yida Hotel Management will also be affected.

However, there are always risks involved in trying to get a bargain, and Su Yang doesn't mind giving it a try!
(End of this chapter)