The Underground Emperor: Starting with Running Away with His Sister-in-Law

Page 456

"Yes, I'm 80% certain that if they were operating normally, their actions would definitely result in significant losses..."

This time, Oh Soo-yeon explained in even more detail...

"I have a team of dedicated market analysts who spend their days running around the market, so I have a fairly in-depth understanding of the stores under the other three departments..."

Take customer traffic as an example...

In Seoul, their venues only have half the average number of customers as we do...

Moreover, Ashin, we made adjustments to the entertainment venues we had more than a year ago.

Most of them follow the mid-to-high-end route.

That is to say...

Even with equal customer traffic, our profits are significantly higher than theirs...

However, even so.

Since the beginning of this year, affected by the overall economic environment, our store's turnover has decreased by 20% compared to last year...

So I'm sure.

The revenue decline for the other three departments will only be greater...

Even some of the shady establishments they manage may be at risk of incurring losses...

So, from my personal perspective...

I simply cannot understand why, under these circumstances, Entertainment Division I would still choose to invest heavily in expansion...

in other words..."

Wu Xiuyan paused at this point.

The next moment, her tone became quite intriguing: "I'm very curious, where did Executive Director Zhang Shouji get the funds for such a large-scale expansion..."

Where did the funds come from?

Ding Xin murmured to himself, leaned back, and gently rested against the back of the sofa.

He slowly exhaled a puff of smoke.

Her right hand began to tap unconsciously on the sofa armrest, each tap carrying a strange rhythm...

The brain also started working at lightning speed...

First of all.

According to Ding Xin's understanding...

Zhang Shouji would never have used his own money to expand the collective's assets.

He's not that generous!

After ruling out this possibility.

The unspoken meaning of Wu Xiuyan's words became clear.

She was probably hinting at something...

It is highly likely that Zhang Shouji, the head of Kinmen Entertainment Company, is lining his own pockets.

As for how the embezzlement was carried out...

simply put.

Don't be fooled by the seemingly complex power structure within Golden Gate Entertainment Company, with its various departments...

They also belong to different gangs, each in charge of their own...

This leads to a lack of centralized power for the company president, making the position seem somewhat ineffective...

But in fact.

At the beginning of the group's establishment, the position of president of Kinmen Entertainment was highly sought after.

It is even comparable to the construction in Kinmen.

They argued fiercely over this powerful position during the Four-Party Talks.

Each side is trying its best to hold onto it.

the reason is simple...

At that time, the group had eight subsidiaries...

Only Kinmen Entertainment can be said to be the most stable, worry-free, and cash-rich industry!

It goes without saying that it is large in scale.

It basically only has income and no expenditure, like a mythical creature that only makes money.

Who wouldn't want a subsidiary like that?

To elaborate further, let's take Zhang Shouji as an example.

On the surface, the only thing he, as the top president, could truly control was the Entertainment Division, which belonged to the Imperial Japan faction.

But in fact...

Every month, all the money that the entertainment venues managed by the gangs handed over on time was controlled by Zhang Shouji, the gang leader.

The group's head office requires its subsidiaries to reconcile accounts once a year.

This means...

Throughout this entire year.

As long as Zhang Shouji is willing, he can freely use this huge sum of money that comes in every month and keeps accumulating.

Perhaps Lee Ja-sung could restrain him a little, but not by much.

It's simply a matter of finding a reasonable excuse.

Looking back at Ding Xin...

When I was trying to raise funds to invest, I barely had any money in my pocket, and my company's accounts were practically empty...

They even have to use the shares as collateral.

Both are powerful figures in their respective subsidiaries, but the stark contrast between them immediately highlights the difference in their positions...

For business people...

Having readily available funds has obvious advantages, and it allows for a wider range of activities.

Whether Zhang Shouji used the money for personal investment or for lending...

Even if you just leave it in the bank to earn interest...

That's a considerable income!

Not to mention...

He can also reasonably use others to generate more benefits.

Use this money to subtly expand the entertainment division's business, thereby gradually increasing one's influence within the entertainment company and even the entire group.

And what Wu Xiuyan meant just now...

This is obviously what it refers to.

but...

It's nothing.

This kind of thing was actually expected by everyone when Kinmen Group was first established.

or...

Why do they all go to such lengths to get the powerful position of the head of a subsidiary?

It's all for their own petty motives.

However...

Then again.

Under normal circumstances, Zhang Shouji doing this would be quite normal...

But in today's environment...