Chapter 564: Industry Dominance (Second Update)
In the warm applause, although Yan Wenhan's heart was full of enthusiasm, he suppressed it and showed a modest smile.
Seeing that the applause fell, Chairman Xia Yu motioned for him to continue reporting, he took a deep breath to calm his mood and reported again.
Since its establishment, Jiuding News Agency has 1 news processing center, 121 offices around the world, and a total of 1,135 employees, including 535 front-line workers. ”
Today, the news agency's reputation has gradually spread, and the quality of its business has been widely recognized, with the number of cooperative media outlets reaching 218. ”
"Last month's revenue was 13.25 million Hong Kong dollars, and so far, the company's total revenue is 75.85 million. ”
"Since its establishment, the news agency has been expanding, with a very large investment, with a cumulative investment of 134 million Hong Kong dollars. ”
Since its establishment, the news agency has injected a total of 111 million yuan from the chairman of the board of directors and successively injected funds from Jiuding Newspaper Company. ”
"After deducting the cost of the news agency's staff salaries and business taxes, the news agency currently has 24.8 million Hong Kong dollars in cash. ”
"According to the plan, the news agency will continue to expand in the future, and the current liquidity and monthly revenue are sufficient for expansion for the time being. ”
"My debriefing is complete! Thank you!"
After speaking, Yan Wenhan calmly looked at Chairman Xia Yu, waiting for his comment.
Xia Yu pondered for a moment and praised Yan Wenhan: "Wenhan, the two companies are very well managed in your hands, Jiuding Newspaper Company goes according to your original ideas, and the news agency is the booster of Jiuding Newspaper Company. ”
"Keep it up!"
"Thank you Chairman for the compliment, I will continue to work hard!"
"Gavin, you go on. ”
Xia Yu looked at Gavin Peter again and motioned for him to start reporting.
"Chairman, colleagues, now I will report to you the situation of Jiuding Book Publishing Company......
Gavin Peter spoke calmly.
The situation of Jiuding Book Publishing Company is relatively special, Gavin Peter did not idle his funds like Yan Wenhan, but made full use of capital to start mergers and acquisitions while operating.
Originally, before Xia Yu left Xiangjiang, Jiuding Book Publishing Company owned a parent company in Xiangjiang, and also owned a subsidiary, holding 87% of the shares of the island country group company.
The debt of the island country branch group reached 480 million Hong Kong dollars, with a debt ratio of 69%.
At the same time, Jiuding Book Publishing Company also holds a 10% stake in the island country Kinokuniya Bookstore and a 10% stake in the island country Chunjiutang Bookstore.
After Xia Yu left Xiangjiang, Gavin Peter continued his acquisition process, and initially set his sights on local publishing companies in Xiangjiang.
After the acquisition, Jiuding Book Publishing Co., Ltd.'s publishing business in Xiangjiang has expanded to popular science books, literary books, children's books, educational books and other fields, achieving full field coverage.
In particular, the original advantage in the field of martial arts continued to expand, from 81% of the market share to 89%.
The cumulative market share of other areas increased from 27% to 54%.
In addition to acquiring companies in Hong Kong, Gavin Peter also set up seven subsidiaries in Southeast Asia in one go, and initially followed an acquisition strategy, acquiring a total of 12 companies.
After the acquisition, Gavin Peter invested 189 million Hong Kong dollars, all of which were raised through bank loans.
The results of the acquisition are also gratifying, the total number of employees of the company has directly expanded to 758, the monthly revenue has exceeded 60 million Hong Kong dollars, and the monthly net profit has reached 12 million Hong Kong dollars.
Although Jiuding Book Publishing Company is burdened with high debts because of this, Xia Yu does not mind, just because Gavin Peter can make the company's revenue and profits continue to expand after the acquisition, which shows that the acquisition is successful, why should it matter if there are many debts!
After Gavin Peter's report, Xia Yu also encouraged him and asked him to continue to manage the company according to his ideas.
The next report is Ma Tengdong.
Although Ma Tengdong had already reported to Xia Yu when he went north to the mainland, the others sitting there didn't know, so he still needed to report again.
When Xia Yu went to the UK, the comic magazine "Bosom Friend" had been successfully divided, and it became four comic magazines of "Meng", "Fantasy", "Rui" and "Burn".
These four comic magazines, each comic is the best of the best, with the original popular comic diversion, and the quality of the new comics can also retain readers, so the original trump card has directly become four.
The original "Bosom Friend" had a weekly circulation of 2.55 million copies in the island country, ranking second in the island country, and it directly surpassed the "Weekly Shonen SUNDAY" of the Shogakukan under continuous efforts.
Because of negative factors and quality comparisons, when the weekly circulation of "Weekly Shonen SUNDAY" fell from 2.82 million copies at its peak to 2.7 million copies, it was surpassed by "Bosom Friend", and then the gap began to widen.
Just when "Bosom Friend" ascended to the throne of the island country's comics, the news of the earth-shattering news came out, and "Bosom Friend" was directly divided into four!
Originally, Yiqiao Group and Yin Feather Group were still excited about this, because in their opinion, Jiuding Animation Co., Ltd. was pumping their brains and digging a hole for themselves.
I never thought that after four minutes, "Weekly Shonen SUNDAY" was once again on the first throne, and "Weekly Shonen Jump" also returned to the second, but the third, fourth, fifth, and sixth places were all comics of "Bosom Friend".
Next, the nightmare of the Hitotsubashi Group and the Otowa Group came.
With so many high-quality comics, word-of-mouth exploded directly, and under the linkage effect, the impact on the island country's comic counterparts is unparalleled.
There is no harm if there is no comparison, and a comparison shows that the quality of "Weekly Shonen Jump" and "Weekly Shonen SUNDAY" is very poor, and most readers choose to buy one or several copies of "Bosom Friend" when they have limited pocket money in their pockets.
This led to an avalanche in the sales of comic magazines such as "Weekly Shonen SUNDAY" and "Weekly Shonen Jump", and even more so for other comic magazines.
Only six weeks have passed since the sub-issue, that is, the seventh issue after the sub-issue, and the four comic magazines of "Bosom Friend" and "Meng Fantasy Rui Burn" directly dominated the top four sales of comic magazines in the island country.
The weekly circulation of the four manga combined reached 9.8 million copies, and then went all the way up.
So far, the latest weekly circulation has reached 11.2 million copies, with an average terror circulation of 2.75 million copies per book.
It can be said that "Bosom Friend" directly forcibly pushed forward the golden age of island comics!
And the weekly circulation of 11.2 million copies is only the data of the domestic market of the island country, you know, "Bosom Friend" is distributed throughout Southeast Asia!