Huayu: From the Era of Ringtones to Becoming a Legend

On the way, Lu Jiuge had already informed Chen Bin, Zheng Lin, and Liu Sixi to wait in the conference room.

Back at the company, he didn't linger for a moment and went straight to the conference room with Zuo Wei.

After sitting down and taking a sip of tea, Lu Jiuge skipped the pleasantries and got straight to the point:

"The reason for today's extraordinary shareholders' meeting is to restructure the company. Please report on the current status of your respective business segments, focusing on the most crucial points."

Upon hearing his opening remarks, Chen Bin and the other three realized that something big was about to happen. They looked at each other in bewilderment and did not speak immediately.

Liu Sixi looked around at the group and spoke first:

"Xiao Lu, we currently have ten professional recording studios, with a total of seventy people in the arrangement, lyric writing, mixing, and post-production teams!"

Now, whether it's singles, albums, or variety show soundtracks, we can complete them independently, achieving a closed-loop process and no longer needing to rely on external forces!

Lu Jiuge nodded slightly, offering no comments.

After Liu Sixi finished his report, the second person on the left continued:

"Let me explain the business I'm responsible for!"

"Following the success of the awards ceremony, and with our continued output of exclusive content, Mirror Entertainment is now the entertainment portal with the highest traffic and most authoritative information in China!"

"The website currently has 110 reporters and 30 back-end maintenance staff. It ranks first in the industry in terms of traffic, authority, and coverage. Its Google recruitment is on track and it has already achieved profitability."

Lu Jiuge nodded slightly.

Jingjie Entertainment's establishment as the industry's leading portal is tantamount to holding the reins of public opinion in the entertainment industry.

Zuo Wei is very satisfied that he has been able to develop Mirror Media to this extent in such a short period of time.

Next up was Chen Bin's report. He was previously mainly responsible for the ringback tone business and finance, and he immediately started with the most heart-pounding numbers:

"In the ringback tone section, our songs have consistently topped the top 50 charts, and most of the time they occupy the top 10, with cumulative revenue sharing reaching 210 million."

Two hundred and ten million.

As soon as he finished speaking, the conference room fell silent.

This number far exceeded their initial expectations, and even Lu Jiuge's eyes showed a hint of surprise.

A year ago, they wouldn't have even dared to dream of such a large sum of money.

But now, it has become real cash flow lying in the company's account.

After a while, having calmed down, Zheng Lin gave his final report:

"At Lingyun Technology, the technical team has expanded to two hundred people, which is barely enough to support the technical needs of three companies at the same time."

Lingyun's audio quality optimization algorithm currently has a market coverage of 9.5% and has not yet been fully rolled out, so the player business is still operating at a loss.

However, our acquired Jiuyin Electronics is performing strongly, with sales of MP3 players and other terminal devices continuing to rise, making it the group's most stable hardware profit driver.

Lu Jiuge listened quietly without immediately offering her opinion, her gaze slowly sweeping over the four people in front of her.

Liu Sixi is reliable and steady; he is the most trustworthy person to manage.

Zheng Lin is obsessed with technology; he believes that R&D is the most reliable approach.

The left side is versatile and suitable for external expansion;

Chen Bin is meticulous and rigorous, making him the most reliable manager of finance and operations.

These four people form the backbone of his future entertainment empire.

After a long silence, Lu Jiuge spoke, her voice not loud, but carrying an undeniable power:

"The current situation is good, but it's not enough."

"Starting today, the company structure will be completely restructured."

The four of them looked up at the same time, their eyes filled with shock and anticipation as they stared intently at Lu Jiuge, waiting for him to continue.

Lu Jiuge didn't keep them in suspense and went straight to the point:

"I will establish Jiuge Limited Partnership to integrate Qianxing Entertainment, Lingyun Technology, and Jingjie Media, merging the three companies into one to formally form Qianxing Media Group."

The meeting room fell silent instantly, so quiet you could hear a pin drop.

Group structure.

These three words signify that they are no longer a small-scale startup, but rather the starting point for truly moving towards becoming an industry giant.

Lu Jiuge continued without pausing, discussing the issue of profit distribution:

"Regarding the shares, Brother Jiu's Partnership holds 60%, and the remaining 40% will be 10% each for you."

boom!

After Lu Jiuge finished speaking, the four of them froze on the spot, their minds blank.

Each person will receive 10% of the merged group company's shares?

They are well aware of the current value of the Qianxing system:

Holding copyrights, monopolizing ringback tones, controlling portals, selling hardware like hotcakes, and having the backing of four departments...

For such a conglomerate, a 10% stake is far greater than the branch company shares that Lu Jiuge had previously promised!

"Mr. Lu, this is too much..."

Zheng Lin, who joined Qianxing last, offered his opinion, but was interrupted by Lu Jiuge:

"I never mistreat those who fought alongside me to build this empire!"

Lu Jiuge spoke calmly:

"In the future, our group will expand nationwide, into Asia, and into the world!"

"It would be difficult to achieve this goal on my own, and with the three companies operating independently, they lack synergy and are not resilient enough to withstand risks!"

"Only by uniting as one and forming a clenched fist can we better coordinate and coordinate our efforts to combat external challenges!"

Liu Sixi and the other three nodded in deep agreement, their chests heaving and their eyes slightly burning.

At this moment, all the hard work, staying up late, stress, and grievances were all worth it.

Lu Jiuge didn't dwell on her emotions and quickly got to the task assignment:

"Old Chen, you'll be in charge of the group's daily operations, finances, administration, and all fund flows."

"Teacher Liu, you'll be in charge of the Content Output Division. Music production, copyright, and the song and lyrics library are all your responsibilities."

"Old Zuo, you will continue to be in charge of Mirror Media, and will also serve as the head of the Artist Management Division and the Film and Television Investment Division."

"Old Zheng's responsibilities remain unchanged. He will still be in charge of Lingyun Technology's business unit. Technology, algorithms, terminals, and servers will remain his main battleground."

After a pause, Lu Jiuge looked at Liu Sixi:

"Teacher Liu, you have an extra task: finding a location."

"Find a plot of land that is large enough and in a prime location around the film and television city."

We want to build our own headquarters base for Qianxing Media, creating a true cultural and entertainment landmark.

Liu Sixi had been in charge of the company's office space, and he wholeheartedly agreed with Lu Jiuge's words.

Lu Jiuge finally fixed her gaze on Zheng Lin and Zuo Wei, her tone suddenly becoming serious:

"Now, all the energy of the entire group must be focused on one thing:"

Complete the drafting of digital music industry standard solutions as quickly as possible!

"I'll give you two days."

"The plan must be finalized in two days and submitted immediately!"

"Yes! We guarantee we'll complete the mission!"

Zuo Wei and Zheng Lin stood up at the same time to express their opinions.

Liu Sixi and Chen Bin echoed this sentiment, promising their full support and assistance.

After the meeting ended, all four of them got busy.

With Lu Jiuge's help, everyone worked overtime for two days and finally completed the "National Digital Music Industry Development Standards Plan" document, which was then sent to the designated email address of the four ministries.

The moment the send button was clicked, everyone breathed a sigh of relief.

Next, it's time to wait.

We await an approval that could reshape the entire music scene in China.

Time passed day by day.

Until the fifth day.

At three o'clock in the afternoon, the door to Lu Jiuge's office was pushed open, and Zuo Wei rushed in, his face flushed, his breathing rapid, holding a newly printed document in his hand, his hands trembling slightly.

He rushed to the desk, his voice trembling:

"President Lu! The proposal... has been approved!"