We're building a super chaebol in Hong Kong

"Are you free now?" Su Cheng asked.

"What's up? My work schedule isn't too packed today, so I can definitely squeeze in some time," Yang Chaoye said.

"In that case, come with me to Xia Yi Literature Media Company," Su Cheng said with a smile.

"Okay!"

The two of them, one in front of the other, arrived on the third floor of the building.

Li Shuai, the general manager of Xia Yi Literature Media Company, and Wang Zhiye, the editor-in-chief, spotted Su Cheng and Yang Chaoye through the glass window and came out to greet them.

"Boss, General Yang, welcome to Xia Yi Literature Media Company," Li Shuai said with a smile.

"Yes, let's go inside and chat in the office," Su Cheng said, nodding.

The four of them, one after the other, arrived at a private office.

The increasingly successful Xia Yi Literature Media Company has now moved most of its departments out of the Su's Group Building, as the office space here isn't large enough to accommodate the rapidly expanding company's many employees.

The employees of "Xia Yi Sports News," "Xia Yi Horse Racing News," "Xia Yi News Morning Post," "Xia Yi Entertainment News," "Xia Yi Literature Monthly," and other publications all work in a rented office in the adjacent building. Only the employees of "Xia Yi Literature News" remain here on the third floor.

"I see everyone is very busy!" Su Cheng asked with a smile after sitting down.

As he passed by the general workstations, he noticed that the employees were either busy on the phone or processing documents. In the screenwriting department, every editor was engrossed in reading manuscripts.

This shows that Xia Yi Literature Media Company has indeed undergone tremendous changes.

"Boss, to be honest, if it weren't for your novel 'In Search of Qin,' our Xia Yi Literature Media Company would have gone bankrupt sooner or later. Everything our company has today can be said to be thanks to you, Boss!" Li Shuai said with emotion.

His words may seem like flattery, but they are actually the truth. If Su Cheng hadn't provided "In Search of Qin," which led Zhang Li, the vice president of Su's Group, to decide on the fate of Xia Yi Company, the company might no longer exist.

"There's no need for so much formality. Tell me about the company's recent situation," Su Cheng said. Although he appreciated the flattery, he hadn't come here for that.

"Our Xia Yi Literature Media Company is still developing steadily. Starting with the novel 'In Search of Qin,' our Xia Yi brand is now a very well-known media brand in Hong Kong.

Starting last month, in order to continue to develop better and more comprehensively, we have expanded our business to Taiwan, Macau, and countries and regions in Southeast Asia with relatively large Chinese populations.

Currently, sales of "Xia Yi Literature News" in Hong Kong are basically stable, while overseas sales are developing in a positive direction. As for other businesses, such as "Xia Yi News Morning Post," "Xia Yi Sports News," "Xia Yi Entertainment News," etc., the pace of development is steady and rising, and citizens are gradually accepting us. Although profits are not high, overall, things are getting better and better.

Currently, we have a total of 108 employees in the company, including 86 in Hong Kong and 22 in overseas departments.

In July, our total turnover reached 4.87 million Hong Kong dollars. On the expenditure side, overseas business expansion cost 860,000 Hong Kong dollars, employee salaries cost 427,000 Hong Kong dollars, manuscript fees cost 298,000 Hong Kong dollars, rent cost 12,000 Hong Kong dollars, and other expenses cost 68,000 Hong Kong dollars. Therefore, our profit last month reached 3.2 million Hong Kong dollars, which is a gratifying achievement!"

Li Shuai reported with a smile on his face, indicating that he was very satisfied with the results.

If the company hadn't expanded its business overseas, profits would have exceeded 4 million. This is indeed a remarkable achievement for a cultural media company.

As for taxes, Hong Kong currently uses an annual payment system for enterprises, so there is no need to pay taxes every month.

Don't underestimate the profit of more than three million. To a billionaire like Su Cheng, it may seem a little small, but that's not how you should calculate it.

If one subsidiary can earn three to four million Hong Kong dollars a month, it can reach a profit of forty to fifty million Hong Kong dollars a year without any growth or decline.

This is just one subsidiary. After Yang Chaoye spent this time eliminating or selling off the inferior subsidiaries under Su's Group, there are currently thirty-eight high-quality subsidiaries.

If each of these subsidiaries could earn him forty to fifty million Hong Kong dollars a year like Xia Yi Literature Media Company, the entire Su's Group would have a profit of over one billion a year.

Of course, Su Cheng doesn't care about just one billion. In the future, with the continuous expansion of Su's Group, it would be a failure for Su Cheng if it doesn't earn him over ten billion a year.

After all, Su Cheng has been using Xiao Ai to create development opportunities for them.

"Well, the overall performance is very good. This time, I've brought you a new novel. Take a look at it first," Su Cheng said, taking out a thick manuscript from his handbag.

The other three immediately looked at the manuscript. On the cover, it was written: "Twin of the Tang Dynasty," by Su Yi!

"Let me see!" As the editor-in-chief, Wang Zhiye was very quick and immediately reached out to take the entire manuscript.

Of course, the others wouldn't compete with him. After all, Wang Zhiye was the most professional among those present.

The editor-in-chief has the sharpest eye. He can roughly predict the quality of a novel by reading just the beginning.

Su Cheng didn't blame Wang Zhiye for being rude, but smiled and waited aside.

The other two did the same.

Wang Zhiye read very quickly, flipping through several pages in less than ten minutes. He was engrossed in reading when Li Shuai stopped him.

"Old Wang, stop reading for now. There will be plenty of opportunities later. Tell us, how is the work?" Li Shuai asked.

"Okay, although I've only read a small part, the boss's work is still very well-written. Unlike 'In Search of Qin,' this novel has a very pure martial arts style. It doesn't have the innovation of time travel, but it still inherits the writing style of 'In Search of Qin.' After reading only the first twenty to thirty thousand words, I'm already looking forward to the rest of the content. It's definitely another masterpiece!" Wang Zhiye said excitedly.

"That's really great," Li Shuai said, even more excited after hearing Wang Zhiye's evaluation.

One "In Search of Qin" has brought such great commercial value to Xia Yi Media Company.

Now, with one more "Twin of the Tang Dynasty," the future of Xia Yi Literature Media Company is promising!