Chapter 437: Huang Xizhao Was Shocked

"Let's go in!"

Early in the morning, standing outside the Jiuding Building, Xia Yu looked at the enormous Jiuding Media Group sign hanging silently, as well as the signs for Jiuding Newspaper Company, Jiuding News Agency, Jiuding Publishing Company, and Jiuding Animation Co., Ltd. on different floors. He smiled with anticipation and said to Li Qian beside him.

"Mm!"

Then, Xia Yu and his group entered the building. The employees of Jiuding Newspaper Company immediately greeted Xia Yu respectfully and watched in admiration as he disappeared into the elevator.

Soon, Xia Yu arrived on the 27th floor.

Entering the meeting room, Xia Yu saw Yan Wenhan, Gavin Peter, and others engaged in lively conversation.

Upon seeing Xia Yu's arrival, everyone immediately stopped talking, stood up respectfully, and greeted him in unison, "Good morning, Boss!"

"Good morning!"

Xia Yu responded with a smile.

Then, Xia Yu walked directly to the head of the table and sat down, while Li Qian took a seat beside him to act as secretary and record the meeting details.

Xia Yu smiled and glanced at Yan Wenhan, Gavin Peter, Ma Tengdong, Huang Xizhao, and Zhang Lei in turn. In a good mood, he nodded and said, "Before we start the meeting, please introduce yourselves and your positions to the others so that everyone can get to know each other better."

"Yan Wenhan, you go first!"

Under the envious gazes of the others, Xia Yu first called out Yan Wenhan's name.

After all, Yan Wenhan was the most prominent among the five in terms of both strength and seniority.

"Okay, Boss!"

Yan Wenhan respectfully nodded to Xia Yu and then began his self-introduction.

"Hello, everyone. I am Yan Wenhan. Thanks to the Boss's trust, I am now serving as the General Manager of Jiuding Newspaper Company and Jiuding News Agency."

"Hello, everyone. I am Ma Tengdong, and I am the General Manager of Jiuding Animation Co., Ltd."

"Hello, everyone. I am Gavin Peter, and I am the General Manager of Jiuding Publishing Company."

"Hello, everyone. I am Zhang Lei, appointed by the Boss as the General Manager of Jiuding Printing Factory."

"Hello, everyone. I am Huang Xizhao, currently serving as the General Manager of Global TV."

After everyone introduced themselves, Xia Yu nodded slightly and said, "Very well, now that everyone knows each other, let's start our meeting for today."

"You should all be aware, but I still want to make a formal announcement."

"Starting today, Jiuding Cultural Media Group is officially established. We currently have six subsidiaries: Jiuding Newspaper Company, Jiuding News Agency, Jiuding Publishing Company, Jiuding Animation Co., Ltd., Jiuding Printing Factory, and Global TV. All subsidiaries are at the same level."

"Moreover, the group will have a board of directors. I will serve as the Chairman, and Yan Wenhan, Gavin Peter, Ma Tengdong, Huang Xizhao, and Zhang Lei, you five will serve as directors on the board."

Upon hearing this, Yan Wenhan and the others were instantly delighted and quickly thanked him, "Thank you, Chairman!"

Xia Yu nodded slightly and continued, "You five will continue to manage your respective areas according to the current situation and report directly to me."

"However, for matters related to the group's strategy, I will hold board meetings as I am doing today to discuss specific plans. Each company must cooperate with the others."

"From now on, you should not only focus on your own immediate tasks but also look at the bigger picture. While strengthening your own company, you should also do your best to help the entire group grow. All companies are like siblings. Remember that?"

"Understood!"

Xia Yu's expression was serious, and his gaze was sharp as he looked at Yan Wenhan, Ma Tengdong, and the others. They all nodded solemnly in response, and Xia Yu withdrew his gaze.

"Very well. Next, before we discuss the group strategy, please present the detailed status and achievements of each of your companies. Those who are not speaking should listen carefully and think about which aspects are worth learning from, where collaboration can occur, and how resources can be shared. It depends on the requirements you put forward."

Before continuing, Xia Yu emphasized the importance again, making Yan Wenhan and the others sit up straight, fully focused.

"Yan Wenhan, you start. Present the situation and achievements of the two companies."

Xia Yu looked at Yan Wenhan and called on him again.

Yan Wenhan nodded to Xia Yu, took a deep breath, opened the prepared documents, and began speaking, "Respected Chairman, and colleagues, I will now introduce the relevant information about Jiuding Newspaper Company."

"Jiuding Newspaper Company currently operates two main business sectors: newspapers and magazines. Among them, the 'Jiuding Daily' has the highest daily circulation, reaching 1.48 million copies, with distribution across Asia. In Hong Kong, the monthly advertising revenue is 5.54 million HKD."

"'Fengyun Daily' has a daily circulation of 1.28 million copies, with distribution across Asia, including Hong Kong and Macau. The monthly advertising revenue is 4.80 million HKD."

"'Sing Tao Daily' has a daily circulation of 430,000 copies, with distribution across Southeast Asia and Hong Kong, Macau, and Taiwan. In Hong Kong…"

"'South China Morning Post' has a daily circulation of 310,000 copies, with distribution across Southeast Asia and Hong Kong, Macau, and Taiwan. In Hong Kong, the monthly advertising revenue is 950,000 HKD."

"'Nanyang Siang Pau' has a daily circulation of 250,000 copies, with distribution in Southeast Asia, including Malaysia. The monthly advertising revenue is 730,000 HKD."

"'Sin Chew Daily' has a monthly circulation of 240,000 copies, with distribution in Southeast Asia, including Malaysia. The monthly advertising revenue is 700,000 HKD."

"'Tiantian Daily' has a monthly circulation of 190,000 copies, with distribution in Hong Kong, Macau, and Taiwan. In Hong Kong, the monthly advertising revenue is 530,000 HKD."

"'English Tiger Daily' has a monthly circulation of 90,000 copies, with distribution in Hong Kong, Macau, and Taiwan. In Hong Kong…"

"The total daily circulation for the newspaper business is 4.27 million copies. Excluding the newly revived 'Sing Tao Daily' and 'English Tiger Daily,' the highest monthly advertising revenue for the newspaper business is 13.45 million HKD."

Hearing this, Gavin Peter, Ma Tengdong, Zhang Lei, and Huang Xizhao all widened their eyes.

Especially Huang Xizhao, who had the least experience and knowledge, was greatly shocked and couldn't help but swallow hard.

Because Jiuding Newspaper Company had never publicly released financial reports, the outside world was completely unaware of its inner workings.

But he didn't expect Jiuding Newspaper Company to be so powerful, with a monthly advertising revenue of 13.45 million HKD, far surpassing the former Lide TV.

At this rate, Jiuding Newspaper Company's annual advertising revenue could buy out the former Lide TV.

It was terrifying!

"No, this is just the revenue from Jiuding Newspaper Company's newspaper business. Jiuding Newspaper Company also has a formidable magazine business. Oh my…"

Just as Huang Xizhao was stunned by his own thoughts, he heard Yan Wenhan continue to present the situation and achievements of Jiuding Newspaper Company's magazine business.