Chapter 217 - Financing Failure
Chapter 217: Financing Failure
Seeing Su Yang come in, Sanque stopped moving.
Pool waved at him, indicating that he should stop exercising and put his things down.
When Sanque put his things down, Pool said, “Master Su Yang, please put these in the virtual space. This is Janet’s food.”
‘Janet’s food?’
Su Yang was a little confused. “Doesn’t Janet usually eat the fish she trades from you?”
Pool nodded. “Before, yes. But lately, for some reason, I haven’t been able to exchange fish for two days in a row. So Janet’s food supply got cut off. When I couldn’t do anything after a few days of starvation, Little Hus asked me to buy some food for Janet.”
Su Yang nodded, took out the little Deeny, turned on the rear camera, and suddenly a green light appeared shined everywhere. The four boxes all entered the virtual space.
After getting it all done, Sanque canceled his transformation and Su Yang put it and the three little monster beans into his pocket before locking the door with Pool and headed out.
On the way, Su Yang asked, “How’re the sales of the milk tea shop these two days?”
Pool smiled gently. “It’s great, it’s steadily selling an average of 350 cups a day now.”
This quantity was actually not much, but Pool’s shop was a new shop after all. Although it was trending for a while, the traffic was all virtual. After all, TikTok can only bring in short-term traffic, and the subsequent ability to retain customers would largely be reliant on the taste of their milk tea.
Although Pool’s milk tea tasted good, it was not to the extent of amazing. So, 350 cups of sales was already considered good. Based on an average profit of 10 yuan per cup, that translated to 3,500 per day and 110,000 per month. It was already no less than what Qidian E-Commerce made before the merger with Junqing.
Su Yang patted him on the shoulder. “Very good.”
Pool smiled.
When they arrived in their neighborhood, Su Yang heard the sound things smashing from one of the buildings in the neighborhood. The sound was obviously far away, but it was very clear.
Many people in the neighborhood peeked out to look.
Su Yang gave a glance in that direction without a care and went home with Pool.
Back home, the small monster beans had moved those fish to the pool according to Little Hus’s instructions, and it looked like they were going to feed Janet.
Su Yang, on the other hand, went back to the study room and instructed Deeny to organize the current personnel and business structure information of Junqing provided by Jiang Yan. He wanted Deeny to change it to Qidian E-commerce, after which he sent the information to Tang Jing.
After reading it, Tang Jing sent him a copy of the due diligence for the confidential contract. Then, she let Su Yang print it out, stamp his signature, and use FlashEx to send it back to her so she’d be able to sort out the procedures as soon as she reported to the company tomorrow.
Su Yang did everything in accordance with what she instructed..
On Monday, Tang Jing replied that her company had approved it, and will soon send someone to carry out an inspection in Qidian E-Commerce. So Yang was to prepare and get ready for that because she was the one that submitted the application to the company. To avoid suspicion, she wouldn’t be participating in the inspection.
After hearing what Tang Jing said, Su Yang simply continued to skip class and went to sit in on the company to continue sorting out the company.
On this day, he chatted one-on-one with seven managers of the company’s eight departments, using his hourglass to probe into the inner thoughts of these people.
Those that were hired as department managers weren’t young anymore. The seven people were all middle-aged with a house, wife, children, and all kinds of pressure. Because of this, they were very afraid of Su Yang and the company. They were afraid to be asked to leave. With no income, their quality of life would go down the drain. Their mortgages and hire-purchase loans would also be affected.
Knowing their inner thoughts, Su Yang took the opportunity to promise that their positions and salaries wouldn’t change. As long as they could smooth out the new company’s business, they would be offered renewed terms the second half of the month.
As for the other ordinary employees, Su Yang held a special plenary meeting to tell them clearly that the company wouldn’t be making personnel adjustments in the next three months, leaving them time to sort out their work and prove themselves.
After three months, the company would evaluate each employee’s work based on the performance of the previous quarter. At that time, if there was a position adjustment, a special conversation would be held.
What do employees fear most when a company was merged or acquired? It was the personnel changes.
After all, in a dynasty of officials, one’s own henchmen would be preferred.
However, after Su Yang annexed Junqing, he actually didn’t have to do anything outrageous to impose power upon the new staff. He didn’t have to plant his cronies in the company as well, which undoubtedly made the employees feel a lot more comfortable with the transition.
Su Yang’s idea was simple and practical. He didn’t have many close friends, and the company was all his. He just wanted to make money and to complete silver and gold missions for more random points!
So whether it was new or old was a moot point. As long as you had the ability to improve the company, it was all that mattered.
As for loyalty… It was the 21st century. Everyone had to eat, right?
The people from Tang Jing’s company came on Tuesday.
Su Yang, Wang Dong, and Manager Zhang received them throughout their visit. After investigating the company, they shook their heads and left, obviously not too optimistic.
As expected, Su Yang received a call from Tang Jing in the afternoon, saying that he hadn’t even passed the company’s initial review.
Su Yang was puzzled and asked her why.
Tang Jing said the results of the company’s research concluded that it was a merger, but the current Qidian E-Commerce didn’t fully inherit Junqing’s business. After all, Junqing had just had an accident recently, so no one knew if the original customers would renew their contracts.
Another important reason was that… Even if Su Yang could smooth out these businesses, with a team completely inherited from other companies, raising funds within two days of operations made it look suspicious like a fake shell company. It was very likely for this type of company to cheat a sum of money and leave, which was extremely risky.
Because of this matter, Tang Jing’s company also critiqued her, saying that the information she gave didn’t even specify any of this.
After Su Yang heard this, he had nothing to say.
Tang Jing, on the other hand, comforted Su Yang not to take it to heart. She said that she’d help to think of a solution.
Hanging up the phone, Su Yang sat in his office, staring at the ceiling, thinking about how to raise the money. He was thinking about how he could raise the money to tide him over.
As a result, he didn’t think long before the office door was knocked, causing him to shoot upright as he said, “Please come in.”
The one who entered was the good-looking receptionist, who pushed the door in and said, “Mr. Su, there’s someone looking for you outside.”
‘Looking for me?’
Su Yang looked at her. “Who is it?”
The receptionist said, “He said his name is Tang Dafa and he’s a friend of yours.”
‘Tang Dafa? What’s he doing here?
‘But a visitor is a guest, and you can’t throw him out, can you?’
With that in mind, Suyang said, “Let him in. Thank’s for your hard work.”
The lady at the front desk took the opportunity and blurted. “Director Su, please install the air cond as soon as possible, so it’s not hard work.”
Su Yang smacked his forehead. “Look, I’m so busy I forgot. Tell your department manager, she’s been wanting to get new office supplies for the company, let her buy them as well.”
The receptionist nodded. “Okay, okay.”
When the receptionist went out, Su Yang knocked his knuckles on the table and continued to have a headache. “Hey, there’s still a need to buy new office supplies. This is also money… We’ve got to get the money as soon as possible.”
Meanwhile, Tang Dafa entered the company under the guidance of the receptionist.
As soon as he entered the company, Tang Dafa’s eyes were quietly measuring the company’s situation. After looking at them for some time, he found that all the employees of Su Yang Company were in a stable mood, working or chatting about things with smiles on their faces. There were people coming in and out of the office, taking documents and sending it out.
It did not look at all like a company that had just been acquired or merged.