LIGHTNOVELONLINE Chapter 508 - 508: Seeking Cooperation
Chapter 508: Seeking Cooperation
Editor: Henyee Translations
On the surface, the professional manager of the Ji Gropu was in charge, but in reality, Old Master Ji was still in charge.
Old Master Ji was a capable, smart, and conceited old man. At the same time, he was also a backward and rotten old man.
Old Master Ji was indeed good in other traditional aspects. Even Gu Xiao could not guarantee that she could beat Old Master Ji. However, Old Master Ji was not so sensitive about new technologies.
Coupled with the news that she had just gotten Tian Xian to release as bait, she believed that the possibility of Old Master Ji participating was 80 to 90%.
Gu Xiao’s mind spun a few times, and the corners of her mouth involuntarily curled into a smile.
The news that Star Brilliance Entertainment was optimistic about Vitality New Energy Vehicles had just spread out, and it had attracted the attention of many people. Especially the few celebrities who were currently popular at Star Brilliance Entertainment, after they took on projects from other companies, everyone was even more certain of this news.
Thanks to the rapid development of Star Brilliance Entertainment and Gu Xiao’s amazing vision, those who had interacted with Gu Xiao or heard of Gu Xiao trusted Gu Xiao’s choice.
Not long after this news spread in the industry, it reached the Ji Group and Old Master Ji’s ears.
In the past few months, most of the shareholders of Ji Group had sold their shares and left because of Ji Gao’s tax evasion. Only those with larger shares than Ji Gao were left. They could not leave even if they wanted to.
Old Master Han looked for Old Master Ji. “Recently, there’s a new energy car that says that its development prospects are very good. My son wants a share of it. However, I think that instead of fighting with them, it’s better for the Ji Group to appear. Perhaps we can use this opportunity to give the Ji Group a new lease on life.”
Old Master Ji had been doing business for many years and was not someone who could be persuaded casually. He still maintained his vigilance when it came to unfamiliar things.
“But this company is very small? It has just been listed and has yet to achieve any concrete results.”
“It’s small, but the prospects are really good,” Old Master Han said slowly. “Wasn’t Gu Xiao’s company also small in the beginning? But look at her development speed. It’s only comparable to how Ji Group was like when they first started.”
Old Master Ji didn’t say anything, but there was a hint of hesitation in his eyes.
Seeing that there was a chance, Old Master Han hurriedly said, “If you’re really worried, you can get someone to investigate. There’s definitely no problem with this investment!”
Looking at Old Master Han’s confident expression, Old Master Ji thought for a long time before nodding in agreement.
After discussing with Old Master Han, Old Master Ji found an assistant and asked him to investigate this new energy car.
Not long after, the assistant presented all the information he could find to Old Master Ji.
From this survey, Vitality New Energy Vehicles are worth investing in.
According to the analysis of Vitality New Energy Car’s financial statements in previous years, its return on inputs was about 130%.
If the Ji Group could seize this opportunity, then the Ji Group would be able to survive its current difficult period. Perhaps it could even rise to another level.
However, there was also a risk. After all, the Ji Group’s capital chain was too tight now. If they invested the money, there would be a certain amount of impact on the other industries and projects of the Ji Group.
Old Master Ji looked at the investigation report. When he saw the name of Star Brilliance Entertainment, a glint flashed across his turbid eyes.
He called a few more people he knew to confirm the situation.
No one hid anything. They told him everything about the new energy car.
The competition this time was too intense. They might not be chosen. They might as well tell Old Master Ji the news and give him face.
Old Master Ji asked many people and received similar information before confirming that Vitality New Energy Vehicles were indeed the most worth investing in this industry.
Old Master Ji was a decisive person. After confirming the reliability of the news, he brought this proposal into a meeting of the board of directors.
The remaining shareholders of the Ji Group were all anxious to restore the Ji Group to its former heyday. In addition, they had also heard of this news.
Hence, when Old Master Ji raised this matter, they immediately agreed to this proposal.
After the board of directors approved it, the Ji Gropu made a strong announcement, planning to invest 20 billion yuan in Vitality New Energy Cars.
Some netizens calculated that this was about four-fifths of the Ji Group’s cash flow.