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

Chapter 885 The Expansion of Raw Stone Wealth No. 1! Endorsed by Authoritative Experts!
After receiving Su Yang's affirmative reply, Cheng Wenhuo breathed a sigh of relief.

Once the price is set, the subsequent negotiations become much easier.

After receiving this good news, Su Yang felt relieved.

At least he's found a place to spend his cash again!
On the 9th, Su Yang inquired briefly about the returns of the Yuanshi Private Equity Fund.

Benefiting from this wave of market activity in China, all five funds under Yuanshi Private Equity have achieved very high returns!

The highest return should be that of Yuanshi Wealth No. 1, which yielded over 90% from the 10th of last month to the 9th of this month, which is a bit exaggerated!
Of the three private equity funds actually managed by Zhou Chenghong, Cheng Zicheng, and Duan Yan, the one managed by Cheng Zicheng had the highest return, exceeding 50%.

This guy's talent is undeniable!

The two private equity funds managed by Zhou Chenghong have yielded returns of around 40%, which is considered fairly average.

He owes a great deal to Pei Jiaqi's "guidance," which led him to bring back a private equity fund he had heavily invested in overseas to China; otherwise, he would have missed out on this market opportunity.

The worst performing fund was the private equity fund managed by Duan Yan, but it still achieved a return of over 30%!
In any case, when the market is in a bull market, everyone is a stock market genius.

As for the Raw Stone Fortune No. 1, it was somewhat hampered by its size.

In February of this year, Yuanshi Wealth No. 1 only had 1.4 billion yuan in funds. Subsequently, several subsidiaries of Xinghuo Entertainment Group, Jiuxiang Catering, and Fengyuan Foods have been gradually adding funds to it!
Other companies also contributed some profits, but the amount was not large.

After all, their profit margins are relatively low!
By August, Yuanshi Wealth No. 1 had over 4 billion yuan in funds.

But now the amount of funds has reached nearly eight billion.

Any fund manager managing such a large fund would feel the pressure!

As for Xinghuo Fitness, they should have had the strongest cash flow, and with a little effort, they could have raised several hundred million.

However, after receiving a warning from the company's legal department, Su Yang kicked them out of the private equity fund!
After all, that portion of the money is the customer's prepayment, not the company's profit.

Su Yang didn't even care about those hundreds of millions!
As a result, Yi Jiangang and other executives of Xinghuo Fitness expressed that they felt very upset!

Su Yang estimates that before long, Yuanshi Wealth No. 1 will have accumulated more than 10 billion yuan in stock assets, at which point Yuanshi Private Equity will become one of the few private equity firms in China with assets exceeding 10 billion yuan.

There are only over 80 private equity firms nationwide with assets exceeding 10 billion yuan. By then, Yuanshi Private Equity will be considered a top-tier private equity firm!

However, the sheer scale of Yuanshi Fortune No. 1 is indeed somewhat abnormal!

By the end of the year, after deducting the working capital of the major companies, the vast majority of the profits will be collected and controlled by Jufan Holdings!

Su Yang might get a share, but he definitely won't share much of the profits from investing in private equity funds. It should just be a small portion shared by the finance and senior management!

At this time, Xiong Tianze had not yet returned from Hong Kong.

However, Su Yang roughly knew Xiong Tianze's work progress.

After all, when he recruits people in Hong Kong, he needs to go through Su Yang's approval process.

Xiong Tianze has already registered a wholly-owned subsidiary of Yuanshi Private Equity in Hong Kong, recruited staff, and set up the subsidiary's structure.

Yuanshi Private Equity has also injected funds, and its Hong Kong subsidiary is now applying for a financial industry license in accordance with Hong Kong law.

Yuanshi Private Equity also sent three managers to Hong Kong to assist Xiong Tianze in his work.

After Xiong Tianze returns in a while, the three management members will continue to work in Hong Kong for a period of time under the leadership of the new general manager of the Hong Kong subsidiary.

Xinghuo Media's subsidiary in Hainan Province has been established and is currently recruiting and signing new employees to build the company's business.

Hainan Province is also suitable for Southeast Asian e-commerce, primarily targeting the Chinese community in Southeast Asia. However, Su Yang wants to go a step further; he's also signed some foreign influencers for deeper development!
He didn't really want to be a bully at home and a coward at home.

It's good to go abroad early and earn more foreign exchange!
Next, Xinghuo Media will establish a subsidiary in Singapore, controlled by a subsidiary of Xinghuo Media in Hainan Province.

The employees that Xinghuo Media plans to send overseas have already been selected.

Because the company offered relatively high salaries, about thirty employees were willing to follow the company overseas to expand business in the early stages, including many middle and lower management personnel.

Among the thousands of employees under Xinghuo Media, there are still many with courage and boldness.

They all knew that going to sea was risky, but they also knew that high risks came with high returns!

The management teams of Xinghuo Fitness's branches and subsidiaries across the country are now relatively stable.

It will certainly be difficult to increase the number of branches and subsidiaries in the country in the short term.

The fastest way for them to get promoted and receive a raise is to respond to the company's call, go overseas to explore markets, and make a name for themselves!
After screening, Xinghuo Media selected twenty relatively young employees and managers to participate in pre-departure training for foreign affairs staff.

Besides this training, there are other training programs waiting for them!

After all, there are still many issues that need to be considered when domestic employees go overseas!

For example, Southeast Asian religions, customs, laws, diseases, and spoken languages.

Learning more would definitely help them, and Su Yang didn't want them to encounter danger overseas.

On the 10th, Deng Zhiyuan and others arrived at the company headquarters and put forward another idea.

Upon hearing Deng Zhiyuan's request, Su Yang pondered and said, "How about cooperating with health consulting companies, medical institutions, or authoritative experts?"

“That’s right!” Deng Zhiyuan nodded. “Our hotel hasn’t made any improvements yet. Cooperating with these institutions and authorities will not only allow us to make scientific improvements to the environment, food, and technology, but also give us a reputation!”

"Makes sense!"

As someone with some knowledge of psychology, Su Yang was well aware that psychological suggestion has a very significant impact on sleep.

If you think you'll have insomnia, then you really are likely to have insomnia!

This is a very classic phenomenon that has been confirmed by a large number of studies and clinical experience!
Wu Wanhui added from the side, "Furthermore, our targeted sleep aid services are best provided with guidance from professionals, covering all aspects!"

“Indeed!” Su Yang agreed with their statement. “So what do you need?”

Wu Wanhui looked at Su Yang expectantly: "Boss, do you know any authoritative hospitals, experts, or health consulting companies in this field?"

"Of course!" Su Yang nodded. "You all go do your other things first, I'll handle the experts!"

"Ok!"

After Deng Zhiyuan left, Su Yang thought for a moment and then dialed the phone of his business partner, Han Kun, chairman of Baihua Pharmaceutical.

He wasn't really familiar with the medical experts, but Han Kun definitely knew some of them!

"Brother Su, what made you decide to call me?"

Su Yang could tell that this person seemed to be in a very good mood!

(End of this chapter)