CHAPTER 242: CHAPTER 242: SNAPPING UP TALENT

"To earn others’ money, the first thing you need to do is respect them. Respect their culture, history, and needs."

In the office, Chen Yiyang said to Yang Yu and other executives of Jiangyang Game, "Don’t get proud just because we’ve made a little progress. We still have a long way to go.

Those companies in Europe and America don’t respect our culture, so we Huaxia game companies came out to make games for ourselves and took over our own gaming market.

Now those companies in Europe and America also don’t respect Middle Eastern users, but that’s okay, we can respect them.

Since we’ve succeeded in going overseas this time, it proves that this path is feasible. Now the company will fully abandon the domestic market and focus on the Middle Eastern market. We need to establish a foothold in the Middle Eastern cultural market before our competitors react."

"Understood, boss." Yang Yu and the others were fully convinced by Chen Yiyang.

Last month, the company of over a hundred people was still worried about what to do with the unfinished new game.

Yet this month, thanks to the great success of "Sultan’s Revenge" in the Middle Eastern market, within just one month, the company’s net profit reached 30 million USD.

That’s over two billion RMB.

Although this income is still no match for the profits of top-tier games.

But the cost of reskinning games is low.

We only need to hire some Middle Eastern cultural experts and artists to change the game’s appearance to Middle Eastern culture, and the game can rake in big profits in the Middle East market.

This money is made faster and more easily than robbery.

"Let’s call it a day, meeting adjourned." Chen Yiyang told the group to leave first.

Then he called over the accountant.

"Has the company’s finance been taken over?"

"Yes, it has been taken over." The accountant nodded.

So far, Chen Yiyang has invested in so many companies, but he rarely gets directly involved in the specific affairs of the company.

To ensure he isn’t sidelined, he keeps a tight hold on the company’s finance and human resources.

In all the companies he has invested in and completely controls, the company’s finance and HR are outsourced to a sole proprietorship company set up by Chen Yiyang himself, supervised by the accountant.

As long as finance and HR are in his hands, no one can cause much trouble.

Moreover, Chen Yiyang has always adhered to the belief of sharing the meal, so employee equity plans have always been ongoing.

The company’s real technical backbones basically all receive equity rewards.

Even if a senior executive betrays, as long as the middle management is fine, the company won’t have big problems.

"The Middle Eastern gaming market seems very promising." Chen Yiyang flipped through the company’s income from last month and made some calculations.

The entire Middle Eastern gaming market is worth at least over a billion USD annually.

If Jiangyang Game can take a third of it, it would be more than enough to feed them.

After all, their game costs are low, and as long as they do well in cultural adaptation, they can quickly seize the Middle Eastern gaming market and rake in significant profits in a few years, becoming another cash cow in Chen Yiyang’s hand.

"Oh right, boss, the people from over there, Ali, are pressing you to discuss the Fei Peng Automobile stock trade price." The accountant brought up a matter that made Chen Yiyang feel a headache.

Ever since they finished talking with Zhao Feipeng and Ali over there confirmed that Zhao Feipeng was willing to make concessions on the discourse power, they started official negotiations with Chen Yiyang on the equity trade issue.

Chen Yiyang naturally wants to bargain, but he can’t go too far.

And as Fei Peng Automobile’s stock price continues to fall, Ali’s side has changed the conditions to ten billion in cash plus thirty billion in other equivalent assets.

"Is my remaining shares in Chuanyin worth about thirty billion now?" Chen Yiyang asked the accountant.

"Yes." The accountant nodded.

Chuanyin is one of the few quality companies listed domestically, so its stock has been rising steadily.

Currently, Chuanyin’s market value has completely exceeded its intrinsic value, and many speculators believe that Chuanyin’s stock may be the next Moutai, so both funds and individual investors are continuously buying in.

As a result, the few percent of Chuanyin shares remaining in Chen Yiyang’s hands are now worth thirty billion.

Chen Yiyang can scrape together the ten billion in cash in hand now.

But he doesn’t have thirty billion in equivalent assets in hand.

Well, he does, but they are all quality assets with potential for appreciation, and selling them now would be too much of a pity.

Only Chuanyin’s stocks, in Chen Yiyang’s view, are close to their peak.

After the market’s frenzy fades, Chuanyin’s stock price is bound to plummet. Cashing out now would be ideal.

Because the shares in Chen Yiyang’s hands are original shares, and according to the law, they can’t be directly sold.

But he can transfer them to those large institutions to take over, which the law permits.

But on second thought, exchanging Chuanyin’s stock for Fei Peng Automobile’s stock seems to be a loss.

Unless Fei Peng Automobile can make a comeback in the future.

Forget it, better dodge Ali’s people for a bit and delay for a while to see.

Chen Yiyang thought about it and asked the accountant, "Has anyone invited me to other cities recently?"

"There actually is one." The accountant said, "The team from Kaixin Mahua invited you to Imperial Capital for the premiere of their new movie."

"Oh."

Chen Yiyang suddenly remembered he had also invested in this movie.

Initially, he intercepted the deal from a company in Wan Island and obtained the remake rights of the film.

Not only did he invest in the movie, but he also cast Gao Ye as the female lead.

Moreover, two of his actresses, Song Xi and Yang Jinlu, are also going to attend this premiere.

Because their 101 girl group sang the theme song for the movie.

Going to Imperial Capital for the premiere is a very legitimate and ample reason.

Spending half a month in Imperial Capital will also buy quite a lot of time.

So Chen Yiyang immediately asked the accountant to inform the film side that he would attend the movie’s premiere.

Today’s information, female executive kicked out from the company: Former Changcheng Automobile Company female executive Wang Fengyi was kicked out by her original company boss, now investing in her is a chance to grab a bargain.

Contact details of the relevant personnel are included on page two.

Hmm?

Waking up this morning in a bed in Imperial Capital and enjoying the breakfast brought by the accountant.

Chen Yiyang glanced at his phone.

It turned out to be a rare opportunity.

Wang Fengyi, a talent in the automotive industry?

Chen Yiyang initially wanted to search online for this person.

But then realized that for senior talent in such business circles, the information visible online is very superficial.

So he simply made two phone calls.

One call was to his company’s assistant, asking them to help investigate Wang Fengyi.

The other call was to Zhang Yuling, asking her to find out about Wang Fengyi in the circle in Imperial Capital.

After finishing the two calls, Chen Yiyang hadn’t finished his breakfast when Zhang Yuling’s call came in.

"Mr. Chen, do you have some time now? Wang Fengyi wants to meet you."

"That quick?" Chen Yiyang was taken aback.

"Actually, when you called earlier, I was having dinner with Mr. Wang. When Mr. Wang heard you commissioned me to ask about her, she immediately expressed wanting to talk to you in person."