This move allowed Ye Feng to control an absolutely terrifying amount of wealth.
Indeed, forty percent of the sales from both Celestial Beauty and Celestial Life companies were allocated for paying Ye Feng, covering the cost of the Original Liquid.
The remaining sixty percent was used to cover other expenses: employee costs, housing costs, and so forth.
Originally, only a small portion of that sixty percent was net profit.
However, due to the national tax incentives, a substantial amount of this turned into profit, making the profitability of these two companies beco very substantial.
Moreover, the current selling price of products from Celestial Beauty and Celestial Life is only at dostic levels.
If wholesaled internationally, the price would be higher.
Celestial Beauty’s wholesale price is set according to the dostic retail price.
But for Celestial Life, it depends on Ye Feng’s mood; he certainly won’t let them off cheaply.
When Ye Feng established the procurent departnt, Celestial Life was t with a wave of international investnt tycoons eagerly seeking to invest, keeping Xu Zixi busy like crazy.
An international Legendary Clan valued Celestial Life at six trillion, wanting to purchase 2% of shares.
A famous international organization valued Celestial Life at seven trillion, desiring 2% of shares.
An international super consortium valued Celestial Life at eight trillion, seeking 3% of shares.
An internationally powerful business empire valued Celestial Life at nine trillion, wanting 3% of shares.
....
The valuations proposed by these investors were increasingly higher, all impatient to invest in Celestial Life.
However, all were rejected by Xu Zixi.
No, it was actually Ye Feng who rejected them.
Why would Ye Feng allow them to take a share of such a profitable company? Unless he was out of his mind?
anwhile, as news of Celestial Life’s valuation spread online, everyone was shocked by it.
"Oh my gosh! A nine trillion valuation? Is Celestial Life really worth that much?"
"Please remove the ’is it’ part, okay? Celestial Life generates more than one trillion in sales in a day, is a nine trillion valuation excessive?"
"Totally! This is a company that cracked the code of life and will surely beco an unattainable super giant company; even a nine trillion valuation is considered low."
"Exactly, if the Fruit Company can have a valuation of over ten trillion, why should Celestial Life be any less? In my opinion, Celestial Life is worth much more than the Fruit Company and should be valued at twenty trillion."
"Haha! Our Dragon Country finally has such an aweso company; in the future, it’s bound to trounce the Fruit Company and beco the strongest company in the universe."
"These people are real fools, thinking they could invest in Celestial Life with just a nine trillion valuation? Dream on! No wonder Celestial Life rejected them, and rightly so."
....
All at once, dostic internet users were extrely excited, applauding Celestial Life Company.
In their view, Dragon Country finally had a super giant capable of competing with foreign enterprises.
At the sa ti, another piece of news quickly spread across the internet, igniting it again, making the web even more fervent.
"The Fengxue Group is established, with subsidiaries including Fengxue Jewelry, Fengshuang Entertainnt, Celestial Beauty Company, Celestial Life Company, XX Film, and more than ten other companies, with Liu Xue as the group president...."
This was an announcent posted on the Fengxue Group’s official website, formally marking the establishnt of the Fengxue Group.
In the eyes of everyone, the birth of the Fengxue Group was not surprising, but its subsidiaries shocked and stunned everyone.
"Wow! So Celestial Life and Celestial Beauty are family, and Fengshuang Entertainnt and Fengxue Jewelry are as well? These ga-companies are all part of the sa family?! How much wealth does Fengxue Group possess?"
"According to conservative estimates, the market value of Fengxue Group is likely to exceed ten trillion, becoming the richest company in Dragon Country."
"Oh my gosh! So many ga-companies are all owned by one person? Who is this powerful to silently create so many giants?"
"It’s terrifying! Fengxue Group is too aweso, right? Celestial Life’s valuation might break ten trillion alone, not to ntion all the other incredible companies."
"Dragon Country is doing well now! With the establishnt of Fengxue Group, who can stand against it? Even many foreign gacorporations are no match!"
"Absolutely, Fengxue Group now has both money and resources, plus strong backing from super powerful people, surely it will dominate the world...."
Alongside their shock, countless people gave thumbs up to Fengxue Group, predicting its market value would far exceed that of Fruit Company, becoming the undisputed number one in the universe.
Along with the announcent, Fengxue Jewelry, Fengshuang Entertainnt, and other subsidiaries of Fengxue Group saw a significant increase in value, becoming hot star enterprises.
Indeed, with the strong backing of Fengxue Group, they would definitely gain better resources and broader connections, allowing them to develop even better.
XX Film, a film company acquired by Fengshuang Entertainnt.
Initially, they were sowhat dissatisfied with being acquired.
But, as the news spread, the whole company was elated.
"Wow! So we are backed by such an incredible group? Celestial Life, Celestial Beauty, Fengxue Jewelry—all are part of our group? We’ve struck gold now."
"Absolutely! Being with such a group provides us with more prospects. Let’s work hard; this is a platform suited for everyone to showcase their talents."
"Amazing power and charisma, I can’t believe we’re part of Fengxue Group, which ans we’re one of the most powerful companies too, haha!"
Indeed, knowing they belong to Fengxue Group brought them imnse joy, filling them with vigor and motivation.
They knew that as long as they worked hard, there would be plenty of opportunities for them to shine.
....
At this mont, within the XX Gold Company, a company acquired by Fengxue Jewelry.
Upon seeing the latest news about Fengxue Group, employees of the company were also thrilled, overwhelmingly excited.
"Haha! Fengxue Jewelry was already impressive, but to think it established such a powerful Fengxue Group, we’re in a strong position now."
"Great! With such an impressive group, our company will beco mighty as well, everyone, let’s strive forward!"
"Let’s work hard! With the kind of resources Fengxue Group provides, we will certainly beco a super enterprise; everyone, watch and see."
....
On this day, related enterprises under Fengxue Group beca incredibly enthusiastic.
Knowing they were supported by such a formidable Fengxue Group, they knew their futures in the company were bound to be limitless, every one of them filled with energy.
At the sa ti, all these enterprises were notified to relocate to Fengxue Group’s headquarters within a deadline to collaborate with the group in operations.
Moving into Fengxue Group headquarters made them official mbers of Fengxue Group, providing them with better opportunities for developnt.
With this news, the employees in these enterprises beca even more excited, while the managent was thrilled beyond words!
User Comments
1 comments from readers