Only after being reborn did I realize how fascinating the world of the rich is.
Chapter 207 I've been preparing this landmine for half a year
Back at his villa, Li Xiaofeng took a long, refreshing shower, which helped him shake off the bad luck he had been experiencing recently.
After arriving at the company, he got a general understanding of the company's current situation. The gym was not affected, but Wanzhong Media was attacked by its competitors.
“These days, many media outlets have been following this matter and criticizing us harshly. According to Qianqian’s understanding in Beijing, it should be our competitors who have spent money to submit a large number of articles to many media outlets.”
Although we anticipated this and had contingency plans, our advertising business was still inevitably affected to some extent.
Li Xiaofeng leaned back on the sofa in the villa, listening to Fang Huiya's summary of the past period.
"When we expand on this scale, it doesn't matter if we make less money. As long as we don't stop deploying our LCD screens and occupy as many key locations in various cities as possible, it won't affect our fundamentals!"
"Go on, is there anything else?"
"Pepe's side is fine, there aren't any particularly strong competitors, but there's an advertising company called Hezhong Media in Beijing, whose main business is also LCD screen advertising."
This company started six months later than us, and the impact of the pandemic on Beijing was too great, so its current scale is far smaller than ours.
However, the company's boss is quite remarkable. He is a PhD who returned from studying abroad and has secured a significant amount of funding. In order to accelerate its development, he has also acquired the LCD screen businesses of several small companies.
In addition, they are currently negotiating with the Wei family's advertising company to merge the two companies. Once they merge with the Wei family's advertising company, their business scale will approach ours, posing a threat to us.
At this point, Fang Huiya raised her head and looked at Li Xiaofeng.
Sun Wenxuan's TV series is still in preparation and is estimated to start filming early next year. Therefore, Fang Huiya is still at the company, helping Li Xiaofeng manage the company's business in Shanghai.
"It seems this guy is good at capital operations. Although acquisitions will generate a lot of cost premiums and affect profit margins, they can indeed accelerate development and may even catch up with us."
However, excessive acquisitions are an unhealthy development, and the big players in the capital market are not fools; they will not turn a blind eye to this.
If they were the only company in the market, it wouldn't be a big problem. But with us compared to them, the capital market is more inclined to choose us.
Although Li Xiaofeng said this, he was still somewhat wary. Even a lion needs to go all out to hunt a rabbit, let alone a competitor who could threaten him.
If Hezhong Media catches up with Wanzhong Media in terms of scale, even if excessive acquisitions lead to excessively inflated operating costs, a significant drop in profits, or even losses, the impact on Li Xiaofeng's Wanzhong Media will still be enormous.
It will at least affect Wanzhong Media's financing. If they manage to go public first, secure financing, and then turn around and launch a devastating attack on Wanzhong Media, it will be even more troublesome.
In addition, when Li Xiaofeng's Wanzhong Media was a unicorn in the advertising industry, venture capital had no other choice but to invest in it, and the valuation could be pushed up as much as possible.
However, when venture capital has another option, the negotiating position of Wanzhong Media with venture capital will be greatly reduced.
Seeing that Li Xiaofeng remained silent, Fang Huiya continued earnestly, "Xiaofeng, Liu Qianqian is trying to find out about Hezhong Media and do everything she can to stop the merger between the two companies!"
Li Xiaofeng smiled and shook his head.
"Go tell Qianqian to pay more attention to their news. As for their merger, there's no need to stop them."
If we had used any shady methods and our competitors found out, it would have severely damaged our reputation in the industry. It's not worth it. In fact, I now hope they merge as soon as possible!
"Why? If those two companies merge, it will definitely be bad for us!"
Li Xiaofeng smiled and said, "Because I have already planted a landmine in the Wei family's territory, and I am waiting for the right moment to detonate it. Peipei has a grudge against the Wei family. In addition to helping her get revenge, I also want to take a hit on her competitor."
Now that the Wei family is merging with Hezhong Media, that's even better. Once I detonate this landmine, it won't just affect the Wei family; it will definitely impact Hezhong Media as well!
"Oh, really? What kind of matter is it?"
Li Xiaofeng said angrily, "It was the Wei family who did those ugly things by relying on the charity association. Doing charity is a good thing, a good thing that benefits the vulnerable."
But that old bastard from the Wei family took advantage of everyone's kindness to make money for himself. He not only fattened himself up, but also took the opportunity to harm many innocent women. He was truly worse than a beast.
I've been preparing this landmine for half a year. As soon as the time is right, I'll settle the score with the Wei family.
Now that Mr. You from Hezhong Media wants to use my situation to make a fuss, I won't be polite to them. They can't blame me for the mudslinging that has been thrown at them.
There's an old saying that goes, "An eye for an eye." Even if someone in the industry knows the inside story, they'll just stand by and watch.
Over the past six months, Li Xiaofeng has collected a great deal of evidence through various channels that the Wei family has been channeling benefits to him through charitable associations, as well as evidence that they have demanded that recipients and the Wei family father and son sleep with him.
To be honest, it's practically impossible to send the Wei family father and son to work as sewing machines with this evidence, but it's not a problem to create a media storm.
Because the Wei family's charity association is a non-governmental organization, not a state-owned enterprise, it falls under the category of "the government will not investigate unless the people complain."
Demanding that the recipient and the Wei family father and son sleep with him does not involve coercion; it is merely a moral issue and does not constitute a crime.
Seeing Li Xiaofeng's composure, Fang Huiya couldn't help but ask, "Then we should do something now!"
Li Xiaofeng pulled her into his arms and said with a grin, "The most important thing now is to wait and see how things develop, and do what we like to do."
Fang Huiya blushed and buried herself in his chest.
Li Xiaofeng used his strength to give him a princess carry, saying as they walked, "Now let's be honest and not do anything. Let's wash away the filth the Wei family has thrown on me and get rid of this big burden."
"Once my lawsuit is over, I estimate the Wei family and Hezhong Media will have reached a conclusion. Then we'll launch a full-scale counterattack and show them that I, Li Xiaofeng, am not someone to be trifled with!"
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