Chapter 158: 9 Ding Culture Media Group (1/2)

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”Boss, are you looking for me?” Yan Wenhan asked respectfully, wondering if the boss had any plans after reading the statistics sheet submitted.

”Sit down first, don't stand!” Xia Yu gestured to the sofa and said.

”Thank you, boss!” Yan Wenhan sat on the sofa after speaking, then looked at Xia Yu tightly, waiting for the order.

”Wenhan, I thought for a moment. As our company's business types increase, we are now ready to enter the comics industry. If it is also managed in Jiuding Newspaper Company, it will easily cause confusion and is not conducive to the development of the company's business. So I plan to first Spin off some businesses and let them set up separate branches, so you should remember now and send someone to register several companies later.”

Xia Yu thought with eyebrows.

The comics industry that is going to enter is very different from the paper media. If it is really put into the company, it is really difficult to manage. It is better to set up a separate subsidiary for vertical management with clear barriers.

In addition, some businesses of Jiuding Newspaper Company can have greater potential, but the premise is to spin off and arrange for professional talents to control it, so that it can develop at a high speed.

”Boss, please tell me!”

Yan Wenhan looked straight and respectfully said, and at the same time took out his notebook and pen to record.

”First, register a Jiuding Cultural Media Group as the holding parent company. The parent company's equity will be offshored for me to show that I own 10 equity.”

Xia Yu slowly said.

Before the establishment of Jiuding Newspaper Company, Xia Yu’s strength was still very weak, and he had no ability or the money to hide the company’s equity offshore. The wire has been registered with the Industrial and Commercial Bureau, and it is revealed that Xia Yu owns it. 100 shares of Jiuding Newspaper Company.

Before the weak hours, it was fine, but now Jiuding Newspaper Company has achieved the first place in newspapers and magazines, and the book publishing business has been successfully developed because of the search for Qin Ji.

Therefore, the current Jiuding Newspaper Company is actually a large company.

Although not listed, Xia Yu already had an approximate valuation for Jiuding News.

According to the current trend, even if it does not continue to grow rapidly, Jiuding Newspaper’s annual operating income should be more than one billion Hong Kong dollars. Even if it is given a low price-earnings ratio of five times, it has a valuation of five hundred million Hong Kong dollars. Entered the top 100 Xiangjiang enterprises.

It has not been included in the list now. One is because the people in the Economic Research Office subconsciously ignored the problem during the statistics. Another very important reason is that Jiuding Newspaper has been established in a relatively short time, except for the first 100 Except for the announcement of 10,000 advertising revenues, no subsequent announcements have been made, so the outside world does not know the specific income of Jiuding Newspaper Company.

But as time goes by, even if Xia Yu doesn't announce the financial report, he can still be guessed by his peers. By then, Jiuding News will not be able to make the list.

And it’s good for Jiuding Newspaper to be on the list earlier, and it’s not a problem to keep on dragging.

If Jiuding Newspaper Company was on the list at that time, Xia Yu would definitely have to give a fair valuation, so as to maintain the authority of the corporate rankings, and it could no longer be suppressed.

However, Xia Yu owns 100% of the equity. As soon as it is announced that, in addition to Jiuding Newspaper being able to be on the corporate rankings, he himself will directly rush to the rich list. Together with Jiuding Securities, his net worth is estimated at 600 million yuan. The sensation was huge.

Although Xia Yu's personal reputation will be better, but troubles will follow.

There is an old saying in ancient times that money is not revealed. Of course, Xia Yu is very clear about this.

Therefore, he must hide his wealth as soon as possible, and must blind most of the people.

Jiuding Securities Co., Ltd. has already done the disposal of equity concealment, and now it is far from Jiuding Newspaper Company that has not done it!