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Chapter 98: The Investment Guild



“Dad, short videos are the trend now. As long as we invest in a live streaming guild, we can make money. You should listen to me and invest in the live streaming industry.”

Chen Guanglei was persuading his father, Chen Ankang, to invest in the live streaming industry.

Chen Ankang said, “I admit, short videos are a trend, and investing in the acquisition of a live streaming guild can be profitable. However, my friend said that for the aluminum mine in South America, as long as we continue to explore deeper, there should be a vast amount of aluminum ore resources. The price of that mine is not high now, only about fifty to sixty million, and we should be able to secure it. If we do find a substantial amount of aluminum ore resources deeper down, it would be a huge gain.”

Feng Mao is the person in charge of Feng Kai Mining’s aluminum mine in South America and a good friend of Chen Ankang.

A few days ago, he called him.

He told him that Feng Kai Mining had lost patience with continuing to mine that aluminum mine in South America and persuaded him to take over.

He also mentioned that deeper down there should be a considerable amount of aluminum ore resources.

Of course, this is only a high probability event; the other side couldn’t give a definite answer.

They only said it was an excellent investment, and if right, the returns would be surprisingly high, and if wrong, it would only be a loss of a few tens of millions.

For an investment company, this is considered quite an ideal investment.

Chen Ankang was eager to invest.

But these days, his son kept advising him to invest in a live streaming guild instead.

Although he was getting on in years and didn’t use short videos, he knew that the short video industry was a trend and that live streaming guilds were investable.

Investing in a live streaming guild would be like catching a ride on the short video trend’s tailwind.

If he had enough money, he would definitely invest in both.

But the funds currently available in his investment company’s account could only allow for one investment.

This made him somewhat indecisive.

He had yet to make a final decision on which to invest in.

“Dad, I think your friend is just trying to swindle you.”

“He claims there are more aluminum ore resources deeper in the mine, which is clearly not reliable.”

“If there were, why would Feng Kai Mining want to sell it at a low price? Aren’t they just looking for a sucker to take over?”

“Feng Kai Mining is professional, and they have been exploring and mining there for so long without finding anything. It’s not likely to be our turn.”

“I am certain that if you invest in taking over that aluminum mine, that money would definitely go down the drain.”

“Investing in a live streaming guild doesn’t have this issue, and we can start making money right away.”

“You should be very clear that just last New Year’s Day, Fengcai Guild’s live stream sales for one day reached more than two hundred million, with net profits of at least forty to fifty million.”

“Although Fengcai Guild’s live stream sales aren’t as explosive as that day, they are definitely making a lot daily, at least tens of millions.”

“Other live streaming guilds are also following suit, and while they may not be as lucrative as Fengcai Guild, they are certainly making a killing.”

“If we acquire a live streaming guild now, we can still catch this favorable wind. If we delay, we might not even see the tail of the opportunity.”

Chen Guanglei, with spit flying, was vehemently persuading Chen Ankang to invest in the live streaming guild.

He had already chosen a large live streaming guild and was discussing the price.

This acquisition price was already reported to Chen Ankang.

It was because of this acquisition price that Chen Ankang was troubled and hesitant.

Because the acquisition price was as high as forty-five million.

This was a large live streaming guild, not like Xu Yang’s initial investment in Fengcai Guild, which had only a small number of backend staff and streamers.

It required this much money.

Chen Ankang was silent for a long time, then nodded, “Alright, let’s invest in the live streaming guild, fully acquiring the one you’ve chosen.”

His son made sense.

The possibility of Feng Kai Mining’s aluminum mine in South America having more aluminum ore resources deeper down was very low.

Otherwise, why wouldn’t Feng Kai Mining continue to dig deeper instead of trying to sell it at a low price?

The people at Feng Kai Mining are not fools.

Investing in the live streaming guild is indeed safer.

“`

Little did he know, even if he wanted to buy the aluminum mine, there was no chance left for him.

“Dad, you’ve made a wise decision, rest assured, the returns from acquiring this live streaming guild will definitely satisfy you.”

Chen Guanglei smiled; this was the first investment he had advocated for.

As long as this investment was successful, who in the company would dare to look down on him?

After leaving Chen Ankang’s office, he contacted the owner of a guild.

“Mr. Zhang, I agree with the price you’ve offered. I’ll come to your company to sign the contract right away!”

At the Yang family, in the evening.

During dinner.

Yang Tiancheng asked, “Liu Yujuan, tomorrow is the grand opening of Jiande Lao. Is your store ready?”

Jiande Lao’s grand opening was the next day, and Yang Tiancheng naturally wouldn’t just watch passively, but had made some preparations in response.

He had already delegated tasks to each store manager.

Yang Tiancheng was naturally most concerned about the store managed by Liu Yujuan.

After all, Liu Yujuan was his wife.

If the other stores performed well and Liu Yujuan’s store did not, he would lose face.

Liu Yujuan said, “Tiancheng, rest assured, I am fully prepared. I’ll make sure Jiande Lao’s Linghai Road store has the worst business of all.”

Xu Yang nodded with satisfaction, “That’s good then.”

He was afraid Liu Yujuan would handle it perfunctorily.

The hot pot chain project was crucial for his promotion to president; he couldn’t allow anyone to drag their feet.

Even Liu Yujuan was no exception.

And to suppress Jiande Lao, to completely take it down, would be another achievement for him.

Although the boss hadn’t asked him to do so, if he did it, and did it well, the boss would undoubtedly be more satisfied. And giving him a share of Meiwei Group’s stock wasn’t out of the question.

After all, taking down a restaurant chain wasn’t easy.

If he could achieve this, Meiwei Group’s reputation would soar, and future development would be even smoother.

“Dad, we must make Jiande Lao close down as soon as possible!”

Yang Jingsheng’s face was full of hatred.

He had been detained for ten days but was now released.

Because of his affair, the news had spread, and the company had already fired him. Even with Yang Tiancheng as the vice president, he couldn’t keep his job.

The people Yang Jingsheng hated the most were naturally Zhao Hai, Xu Yang, and Zhao Yuxin.

In his eyes, it was because they refused to settle privately and had sent him to jail.

Only by forcing Jiande Lao to go bankrupt and close down could he get rid of the hatred in his heart.

“Jingsheng, don’t worry. As long as Jiande Lao faces setbacks during its opening, it won’t do business later. Without business, Jiande Lao won’t last long,” said Yang Tiancheng with a faint smile, his expression full of confidence.

Once he became president, his power would be even greater, and reassigning his son to Meiwei Group wouldn’t be a problem.

January 16th.

Jiande Lao officially opened for business.

It was a Saturday.

Xu Yang arrived at Jiande Lao.

As the owner of Jiande Lao, on such an important day for the opening, it was natural for him to make an appearance.

He gave a motivational speech to the staff and assigned tasks to the mid and senior-level leaders.

Each person was responsible for supervising a store to ensure normal operations on opening day.

Any problems could also be addressed promptly.


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