Chapter 438: The Impressive Performance of Each Company

"Regarding our magazine business, besides the magazines currently in planning, the only one we have published so far is *Economic Weekly*. Its weekly circulation is 1.26 million copies, covering the entire Asia, with advertising revenue of 3.8 million HKD per week in Hong Kong."

"So far, after clearing the debts and accounting for various expenses, Jiuding Media Group has a working capital of 35.74 million HKD."

"Gasp…"

When it came to the final figures, Huang Xizhao, Ma Tengdong, and the others all inhaled sharply, their eyes filled with shock.

Xia Yu, on the other hand, smiled. Although he was already aware of the situation, hearing it again still brought him genuine satisfaction.

This 35.74 million HKD was the accumulated working capital of Jiuding Media Group since its establishment. It wasn't supposed to be this low, but under Xia Yu's instructions, Yan Wenhan had used part of it to repay the bank loans.

Originally, to acquire *Nanyang Business Daily*, *Sing Tao Daily*, and *South China Morning Post*, Yan Wenhan had taken out loans from the bank under Xia Yu's guidance.

With the development over these months, Jiuding Media Group's value had skyrocketed. The value of the collateralized shares had surged, so under Xia Yu's instruction, some of the loans were repaid. After all, if there was a shortage of money, Jiuding Media Group could always take out another loan. There was no need to incur extra interest.

"Besides business, Jiuding Media Group currently has a total of 435 employees, with 247 at the Hong Kong headquarters; it has 14 branches, covering Hong Kong, Macau, Taiwan, Japan, Malaysia, Indonesia…"

"That's all for Jiuding Media Group."

After Yan Wenhan finished, he set aside the documents and looked quietly at Xia Yu.

"Very good. Continue with the next company."

Xia Yu nodded with a smile, giving Yan Wenhan an appreciative glance.

Yan Wenhan understood, took a sip of water, and continued by taking out the second set of documents labeled "Jiuding News Agency."

He opened the first page and continued, "Jiuding News Agency was established in... Currently, it has one news processing center, 74 offices and stations, covering Asia, Europe, America, and Oceania, with full coverage of capitals in developed countries. The total number of employees is 787, with 214 at the Hong Kong headquarters…"

"Jiuding News Agency now cooperates with 103 media outlets, including 8 TV stations, 12 radio stations, and 83 newspapers. The news agency has achieved a break-even point, with last month's business income at 5.41 million HKD. Due to ongoing expansion, the company's working capital is currently 1.39 million HKD."

"At present, Jiuding News Agency is the largest news agency in Hong Kong, but there is still a long way to go."

"Boss, colleagues, that concludes my report!"

*Clap, clap, clap!*

Xia Yu led the applause, and everyone immediately followed suit, clapping vigorously, their eyes full of admiration and envy for Yan Wenhan.

All present were elites. After Yan Wenhan's introduction, they had a clear impression of Jiuding Media Group and Jiuding News Agency. It was indeed deserving of being a leader in its fields.

Even if there were no further growth, maintaining the current development status, the combined revenue of the two companies could reach 300 million HKD, with a very high gross profit, providing excellent influence and substantial funds for the boss.

Moreover, with over a thousand employees combined, they impacted more than a thousand families. Many people also earned extra income from these companies, such as contributions and news services, making the influence even more remarkable.

Comparing to Yan Wenhan, Ma Tengdong and the others felt a bit embarrassed, but they also harbored a fighting spirit not to be outdone.

Xia Yu noticed everyone's reactions. A faint smile appeared at the corner of his mouth. Instead of making further comments, he directly pointed to the next person, "Gavin Peter, please introduce the situation of Jiuding Publishing."

Gavin Peter first nodded to Xia Yu and then scanned everyone's faces, saying, "Respected Chairman, colleagues, I will now introduce the situation of Jiuding Publishing."

"Jiuding Publishing has established a firm foothold in the novel publishing field and has dominated the martial arts novel sector. In the latest month, nine out of the top ten highest-selling martial arts novels on the market are published by our company."

"'The Legend of the Condor Heroes' has achieved a maximum single volume sales of 3.65 million copies, with a total of 17.2 million copies for five volumes, setting world records in martial arts novel sales and modern Chinese novel sales."

"In addition, there is one novel with sales reaching one million copies, eight with sales exceeding 500,000 copies, and nineteen with sales over 200,000 copies. Jiuding Publishing is already renowned as the holy land for martial arts novels."

"Besides martial arts novels, the company has also achieved impressive results in other literary genres."

"As of now, Jiuding Publishing occupies 81% of the market share in the martial arts novel publishing field."

"In other novel publishing fields, it holds a 27% market share."

"The company has achieved 89.2 million HKD in revenue, with a net profit of 15.13 million HKD after tax."

"In terms of company structure, there are currently 286 employees, and the distribution channels cover Southeast Asia and Japan/Korea, making it the leader in the field."

"That concludes my report!"

*Clap, clap, clap!*

Another round of vigorous applause erupted.

Huang Xizhao couldn't help but widen his eyes. He didn't expect Jiuding Publishing, which he knew little about, to be so formidable. Is this the legendary quiet accumulation of wealth?

At this moment, Huang Xizhao constantly reminded himself to be cautious in the future, lest he embarrass himself without realizing it.

"Very well, next, Ma Tengdong!"

Xia Yu praised and then moved on to the next person.

Ma Tengdong took a deep breath and energetically said, "Respected Chairman, colleagues, I will now introduce the specifics of Jiuding Animation Co., Ltd."

"Jiuding Animation Co., Ltd. was established in... The company is divided into three major segments: manga business, Jiuding Toy Factory, and the Man Ke Home peripheral chain stores."

"The main manga business includes the *Knowledge Comic* magazine, which currently has Chinese, Japanese, and English versions. The latest weekly circulation is 1.91 million copies, with Hong Kong and Macau combined at 280,000 copies, Taiwan at 390,000 copies, Southeast Asia at 370,000 copies, and Japan at 860,000 copies."

"In the Chinese manga field, *Knowledge Comic* is the number one, setting historical records. Its circulation in Japan has successfully entered the top ten."

"In addition, the company's manga business also includes an animation production department, which is working on animation and has already made some achievements that can be provided to TV stations for airing."

"Jiuding Toy Factory currently only produces toys for the company and does not take external orders. The toy factory employs 235 people."

"The Man Ke Home peripheral chain stores currently have 25 direct stores, covering Southeast Asia, Hong Kong, Macau, Taiwan, and Japan. Among them, Japan has 10 stores, Taiwan has 4…"

"The 25 direct stores have an average daily turnover of 850,000 HKD, with an expected monthly revenue of 26 million HKD. The gross profit margin for direct stores is 55.7%."

"Because it operates on a heavy asset model, all direct stores are purchased directly, resulting in a significant expenditure."

"To date, the company's total business revenue is 61 million HKD, with a net profit of 23 million HKD after operating costs and other expenses. Due to the 8.5 million HKD spent on opening stores, the company's working capital is currently 14.5 million HKD."

"Boss, my report is complete!"

*Clap, clap, clap…*

"Indeed, another company, Jiuding Animation Co., Ltd., is even more impressive than Jiuding Publishing!"

Huang Xizhao applauded, his eyes filled with shock. He was even somewhat numb. Here was another company that could afford to buy Globo TV in a year.

Especially, Huang Xizhao hadn't expected the Man Ke Home flagship stores he barely noticed to have a gross profit margin of 55.7%, which was incredibly terrifying—an absolute profitable industry!

What concerned Huang Xizhao was that Jiuding Animation Co., Ltd. was also involved in animation, which could be provided to TV stations for broadcasting!

With such a huge manga readership, the viewership for the animation would definitely be high. It was likely that this animation would be aired on Globo TV.

Thinking about this, he quickly took notes.

Huang Xizhao was shocked, and Gavin Peter also looked solemn. He hadn't expected that after him, Ma Tengdong would surpass him, making him feel embarrassed while also secretly deciding to accelerate development and not fall behind again.

Yan Wenhan also gave Ma Tengdong a deep look, feeling a sense of urgency and planning to speed up the new magazine launch to maintain his position.

Then, it was Zhang Lei's turn to introduce the situation of Jiuding Printing Factory.

Jiuding Printing Factory not only had the main factory in Hong Kong but also branches in Southeast Asia and Japan. Wherever Jiuding Media Group had a branch, there was sure to be a Jiuding Printing Factory.

Jiuding Printing Factory handled all the

 printing business for Jiuding Media Group, Jiuding Publishing, and Jiuding Animation Co., Ltd. With the strong support from these three major clients, Jiuding Printing Factory had been constantly expanding. It was now the largest printing factory in East Asia and among the top in Asia in terms of printing volume.

As the factory director, Zhang Lei did not get complacent. Instead, he managed the factory diligently because he knew that Jiuding Printing Factory's achievements were not solely his own.

Any printing factory could reach the scale of Jiuding Printing Factory with the support of Jiuding Media Group's three companies.

With this mindset, Zhang Lei's presentation was calm, and his attitude was relatively modest.

Xia Yu didn't say much but looked at Zhang Lei with a higher regard. With this kind of attitude, Xia Yu felt more at ease leaving Jiuding Printing Factory under Zhang Lei's management.

Finally, it was Huang Xizhao's turn, the least experienced one.

Knowing the situation of the other companies, Huang Xizhao also lowered his attitude and detailed the situation of Globo TV.

Xia Yu was very satisfied with the progress of the introduction. He didn't linger and immediately began the next agenda of the meeting.