<h4>Chapter 1321: Chapter 1629: Investing in Silver Star (2)</h4>
"Have you really made up your mind?" Ling Chen asked.
Yang Chengfeng nodded, "Yes. Rest assured, Mr. Ling, I won’t go back on my word. How about this, to not dy things further, why don’t we sign the contract now? What do you think?"
Yang Chengfeng had thought it through. As long as he sold 51% of thepany’s shares to Ling Chen, it would be like boarding Ling Chen’s ship. With Ling Chen as the backing, there was no business that couldn’t be profitable. Compared to the 51% of shares, this deal was truly worthwhile.
Not to mention selling them, he was willing to give them to Ling Chen for free.
"Alright then." Ling Chen smiled and said, "Assistant Dong, could you please draft a few contracts for me?"
"Yes."
"Youngdy, it looks like you still have to go back. But this time, you won’t be working for someone else. How about it, are you interested?"
Tang Shiyun excitedly nodded, "Sure! Ling, from now on, you’re my boss."
Not long after, Dong Ying prepared several contracts. Once both parties confirmed the price, Ling Chen briskly signed his name. From this moment on, he had acquired a new identity: Chairman of Silver Star Entertainment Company.
"Congrattions, Mr. Ling, I hope thepany thrives under your leadership." Yang Chengfeng’s face blossomed with joy; he initially thought he was finished, not expecting such a turn of events. He didn’t know whether to curse his son or praise him. If it weren’t for Yang Haiyi’s antics, he wouldn’t have had the chance to board Ling Chen’s ship.
Ling Chen waved his hand with a smile, "President Yang, although I’m the major shareholder of thepany, you’ll be responsible for its management. I’ll only oversee the dividends, and also..." Speaking here, Ling Chen turned to look at Tang Shiyun, "Youngdy, from now on, you can do whatever you want, follow your own interests. I’m not expecting you to make money for me, as long as you’re happy."
Tang Shiyun nodded, beaming, "Thank you, Ling."
After handling these matters, Ling Chen escorted Yang Chengfeng and his son, along with Tang Shiyun and Xu Hong, to thepany entrance and waved goodbye. Since Tang Shiyun was rejoining thepany, the new song release initially scheduled for today would proceed as nned.
After sending off Tang Shiyun, Ling Chen returned to his office, looked at Dong Ying who entered with him, and asked, "Assistant Dong, have you calcted our annual total profit?"
Dong Ying didn’t expect Ling Chen to ask this question, but still answered truthfully, "Chairman, I haven’tpiled it yet, but if you need, I can ask the finance department to estimate a rough figure."
"Alright, have them handle it."
Ling Chen had a rough n in mind. He now possessed so much money, more than he could spend. For him, money was just a string of numbers. However, leaving this money idle in the bank seemed wasteful; with so much spare cash, he might as well invest it. After all, money is never too little, the more, the better.
Soon, Dong Ying handed the annual total profit figure to Ling Chen.
Tweny-four billion!
This figure included the annual ie of Falcon Private Security Company and the total revenue of all entertainment venues in Beijing. After deductingbor and other expenses, 24 billion was the final total profit. Plus the assets and shares transferred from the Secret Society, the profit each year was around 100 billion.
"Hundred billion a year, roughly one billion could establish a branch of Dragon Tiger Hall..." Ling Chen murmured, contemting how to spend the money.
"Chairman." Dong Ying spoke up beside him, "If you’re considering investments, I have a suggestion."
"Oh, really?" Ling Chen asked with interest, "What suggestion, tell me."
"Given that we have substantial liquid funds, I think we could emte Hongyu Group and establish an investmentpany. As far as I know, Hongyu United Investment Company has fifteen shareholders; without the entire Hongyu Group, they couldn’te up with so much money for investments. We’re different; we have sufficient funds and can go solo. In this way, all the profits would be ours."
"Are you talking about venture capital?"
"Although venture capital yields high profits, it also carries significant risk; a slight mistake could result inplete loss. I think we should develop steadily, allocate some funds to projects with minimal risks, where profit margin matters less as long as there’s no loss. Meanwhile, we should set aside some funds for venture capital, where profit is certainly beneficial, but even if there’s a loss, other projects’ profits can cover it."
Ling Chen nodded, "Makes sense. Alright, prepare a draft proposal for me to review, and if it’s satisfactory, we’ll proceed to establish this investmentpany promptly."
"Understood." Dong Ying responded and then walked out of the office.
After wrapping up all his tasks, Ling Chen stood up and, moving to the window, stretched leisurely. Although being a chairman mostly involved sitting around, it was actually exhausting, especially handling variouspany affairs, leaving him almost dizzy.
Right then, Ling Chen’s sharp intuition suddenly sensed a piercing gaze.
"Who’s there?" Ling Chen turned to look around, but saw no one. He chuckled at himself; he was too high-strung, as there was no one else in the entire office. Perhaps the recent period’s stress had him too on edge, he needed to find a moment to rx.
With this thought, Ling Chen packed his belongings and left the office directly.
...
"Did he notice you?"
In the building opposite Falcon Private Security Company, an old man strolled over, looked at the person by the window, and asked.
"He likely sensed it, his reaction is quite sharp. If he were an assassin, he’d be a terrifying one."
The old man sat beside him, holding a teapot, sipping slowly, "Qin Chuan, what do you think our next move should be?"
"Wait and see."
At this moment, the two in the room were none other than the long-missing Qin Chuan and Su He.
"I’ve called in all the assassins who were on missions elsewhere. Although not many, it’s sufficient."
Su He nodded, "Personnel isn’t my concern, I’m worried about the Heavenly Mechanism Pavilion."
"Now we’re operating in the shadows, and Ling Chen isn’t aware of our whereabouts, why not just kill him outright?" Qin Chuan asked perplexedly, "Once Ling Chen is dead, other tasks will be much easier."
"You’ve observed, Chen Junfeng and Ji Gang are constantly with Ling Chen. With two Heavenly List experts protecting him, what are the odds of our sess? Ling Chen is a clever man; he knows I won’t let him off, so he’s definitely prepared. Therefore, the timing isn’t ripe for action yet."