Rebirth of the Republic of China: The Story of the Chaebol

Sun Tong and his father had a general chat about the current domestic economic situation, and then Sun Tong repeated to Sun Jingwen the plan on how to reform the textile industry. After that, he didn't plan to take care of these things anymore.

As to whether Sun Jingwen will change the textile industry as he says, it mainly depends on Sun Jingwen himself.

In fact, even if the textile industry in South China is completely destroyed, it will not have much impact on South China's economy.

Judging from Nanhua's current development speed, it won't take many years before low-end manufacturing will inevitably be eliminated by the domestic market. At that time, these industries will most likely move northward.

However, Longguo is not very open yet, so this cannot be done for the time being.

Although Sun Jingwen was scolded by his father when he went to see Sun Tong this time, he also got solutions to many of his headaches from his father.

In fact, many things are not difficult to deal with. The biggest difficulty is that it is difficult for people to change some of their long-standing habits.

Take the many salaries in South China for example.

Over the years, companies have become accustomed to controlling the entire upstream and downstream industrial chains. So when a company's performance is not good, they will not think that their original approach is no longer effective, but only that there is a problem with the entire market.

But the reality is that their approach has long been outdated with the development of the times.

These companies are conservative and unwilling to make changes, so isn't it only natural that they are eliminated?

"Brother, can you please help me?"

"What are you busy with?"

"I want to get an investment from you!"

Although Sun Xiaoting's "running away from home" action has ended now, she has not given up the businesses she built outside in the early years.

Compared with the assets that Sun Tong gave her, Sun Xiaoting obviously cares more about the industry she has created.

She actually started quite a few businesses, but after trying them all, she finally found that the media industry was the one that suited her best.

Today, Xiaosheng Media, founded by Sun Xiaoting, has become a medium-sized media group with three newspapers, two magazines and a publishing house.

If you ask her company to compete with the top six domestic media groups like Xingchen Media, it will definitely not be able to win.

However, among the medium-sized media groups in South China, Xiaosheng Media, a rising star, is still quite powerful among media companies of this level.

"How much investment do you plan to attract? What do you plan to use the money for?"

Sun Xiaoting has money. Even without counting Xiaosheng Media, she has billions. Such a rich woman came to Sun Tong to ask for investment, which obviously means that she intends to get Sun Tong to support her.

In fact, in the few years of running this media group, Sun Xiaoting has grown more than in the previous decades. Today, she is no longer the naive "older leftover woman" she used to be. Now she has begun to transform into a strong woman in the business world.

"300 million, to be used to expand Xiaosheng Media. Of this 300 million, 200 million is borrowed by me, and I can pay the interest normally. For the remaining 100 million, I will take out 30% of the shares of Xiaosheng Media. This money is equivalent to your investment in our company. Brother, what do you think of this proposal?"

"Okay, let's do as you say. Now that you finally have a career you like, if I don't support you, who will?"

"Thank you, brother. Don't worry, I will definitely not let your investment go to waste."

In fact, Sun Tong and his sister had never expected that the media group that Sun Xiaoting had founded as a joke would become one of the largest media groups in South China and even in the world in the future.

You should know that sixty years ago, Xiaosheng Media was the biggest competitor of Star Group, the world's largest media group.

"By the way, you should go and check out the charity fund you and your three sisters-in-law set up more often when you have time. Now that Wenxi and the others have to stay at home to take care of the children, it is inevitable that they will neglect the management of the charity fund. You have to take up the responsibility."

"How do you know I didn't care?"

"Do you think there is anything in Nanhua that you can hide from me?"

"Okay, I'll go there, but I've made it clear that my focus right now is the media industry. I'll just go to the charity fund to make a show of support. It's impossible for you to tie me to the charity fund."

"Okay, whatever you say. You can handle these things on your own. As for the media company, I think you should start the film, television and record business as soon as possible. To be honest, considering Xiaosheng's current business scope, calling it a media group is a bit of a misnomer."

"Humph, you are looking down on me. How do you know that I have never thought about developing these businesses? I came here to ask you for money for the expansion of the company. Just wait and see, brother. In a few years, my Xiaosheng Media will surpass Xingchen Company!"

"Then I'll wait and see!"