Chapter 435 Collaboration
"YH Group suddenly announced their collaboration with a newly established entertainment company Chestnut Entertainment last night. Currently, everyone can't understand the reason behind this movement from the multi-corporation company like YH Group. The project that they are trying to collaborate with has not been disclosed yet, however, a lot of speculation has been released. People are wondering if YH Group's aim from this collaboration is to buy the entire company."
"Chestnut Entertainment has been around for three years. The artists signed under the banner of the company are surprisingly part of the top 200 most popular artists in the country. The probability of YH Group buying the entire company along with the artists in it are high. If they successfully overtake Chestnut, it won't be a dream anymore to dominate the entire country's entertainment industry!"
The next morning, Ran Xueyi woke up to the incessant calls she was receiving from Zhao Yiqing and Yao Chuan. Zhao Fei also texted her several times. And all of their questions were related to the currently spreading news about Chesnut's collaboration with YH Group. They also asked her if she had plans to sell the company to Song Yu Han's company; crying and begging her not to sell it.
After telling them that she had no idea about what they were talking about and that she had no plans to sell her company, Ran Xueyi finally stopped getting calls from them.
However, the headache that she received from this matter definitely didn't stop at all.
"Mommy, why is A'Yu doing?" Xiao Zhanzhan was brought to Paradise City by Guo Yun, who had to work without rest last night. Ran Xueyi didn't tell him but waved him to come to her. The little boy walked and sat on the edge of the sofa between his parents, licked the ice cream stick in his hand, and looked at his father with curiosity, "A'Yu, is it fun doing that?"
Being looked at by his son, Song Yu Han didn't know whether he should laugh or cry. He wanted his help, but the glare he was receiving from Ran Xueyi was so intense that he didn't dare ask for help from his son.
He could only nod and said, "Yes, it's fun."
"Really? But it looks ouchy." Little Zhanzhan glanced at the marble floor and his father's knees.
"Mommy is giving your daddy lots of love. There's a saying that beating is a sign of affection." Ran Xueyi cooly glanced at Song Yu Han, who didn't even sweat out after kneeling for almost half an hour. She was still feeling upset that he had to do something behind her back and not wait for her to wake up and discuss the matter of collaboration.
She was shocked to death when she saw the articles released so early in the morning. It had started being circulated across the country last night, but she had no idea until she woke up and had breakfast made by him. Ran Xueyi only found out about the collaboration that was never signed or discussed by the artists in her company.
"But A'Yu is kneeling." Little Zhanzhan showed a perplexed expression on his face as if he couldn't understand what the saying was all about.
"Pffft! Cough–!" Song Yu Han couldn't contain his laugh and when he got another glare of daggers from his wife, he quickly covered it up with a cough. He quickly supported his wife's words and said, "Your mother is right. She's showing me tons of love so don't mind me here."
Little Zhanzhan still felt that something was off, but seeing that his father was not feeling tired even after kneeling for so long. Rather, he looked more relaxed than when he was normally sitting, Little Zhanzhan no longer bothered with this.
"Why don't you play with Brother Yun? Me and your father have something to talk about." Ran Xueyi covertly glanced at Guo Yun, whose face was pale and sweating profusely. Between him and Song Yu Han, it looked like the assistant was the one kneeling rather than his boss.
Guo Yun flinched when he heard his name being mentioned. He didn't even glance at his president and moved to take Little Zhanzhan outside to play.
After being left alone in the room, Ran Xueyi finally sighed, "Stop kneeling and explain. Why did you suddenly announce something without telling me first?"
"You were sleeping so soundly. I couldn't allow myself to wake you up?" Song Yu Han didn't immediately stand up from where he was kneeling even after getting her permission.
Ran Xueyi smirked. "If you want to keep kneeling the whole day and miss our meeting with Director Daren Wang, you can keep this behavior."
"I did it to protect you," Song Yu Han confessed. "It's a countermeasure for the trouble that may come to you in the coming days."
"I had Guo Yun stay up all night to investigate what Feng Huai has been doing recently with Dauntless. Even though Wu Qi does great in his job, he won't be able to uncover much since Dauntless is currently the top entertainment company in the country. Their data won't be easily penetrated through and I doubt they would be scared of Chestnut Entertainment."
"Hence, I had to announce our collaboration ahead of time. In that way, whatever they have in their hands won't be spread around in the public. They will hesitate to use anything Feng Huai gave them because Chestnut has YH Group's backing."
"But won't this only make people suspicious of you?" Ran Xueyi didn't believe that there wouldn't be anyone who was shocked upon hearing this news. "Besides, what will your board members think and say when you suddenly make a move like this? Chestnut is growing, but it's not the ideal company YH Group would want to invest or collaborate with."
She didn't want to trouble Song Yu Han with her problems. But she still ended up doing it. Ran Xueyi would feel extremely guilty if this ended up with him being troubled and faced with repercussions from YH Group's board members.
"Don't worry. They won't dare say anything."
"How can they not? They're your board members!"
Song Yu Han smiled. "Just trust me, Xueyi. You don't have to worry about anything and let me support my wife."
Ran Xueyi still had some doubts and wanted to persuade him to clarify the rumors spreading like fire in the internet, but Song Yu Han reminded her that they will be late in their meeting with the young director.
What he didn't tell her though was that YH Group was built solely with his money. At such a young age, Song Yu Han had been secretly buying stocks. Using the money he inherited from his deceased mother, he invested in a lot of companies that have potential of growing.
At that time, a lot of people had laughed and mocked him, saying that a child like him shouldn't dream of playing with the adults and just stay in the playground. However, Song Yu Han's insights hadn't been wrong and he correctly hit where one could get millions, if not, hundreds of millions! As soon as he had gotten what he needed, he would then reap what he got from taking risks in the stock market, utterly slapping the people who had laughed at him in the face!
All the money was also used to establish YH Group. Gradually, YH Group, which was formerly a no-name company in the country, has taken over all over Asia and entered the global market without hindrance!
But what everyone thought was a company built by several investors and stockholders was actually a multi-corporation solely owned by one man. And that man was Song Yu Han. However, several companies owned by him cannot be operated by one man. Thus, he had several of his subordinates act to sit on the position of the 'board members' of the company, who answered to him.
When Song Yu Han told Ran Xueyi not to worry, he hadn't lied to her. She really didn't need to be afraid as he had no need to answer to anyone as everyone had to be at his mercy.
…
The articles about the upcoming collaboration between YH Group and Chestnut Entertainment had really taken over several social media sharing platforms and news outlets. The main reason was that YH Group, the country's biggest company that was worth billions had reached out first to a small and newly established entertainment company.
A lot of people were wondering what YH Group's representative was thinking and asked who had proposed the project first.
On Weibo, a lot of netizens were leaving comments on YH Group's official post.
[I swear YH Group has a traitor in their ranks. No matter where you look at it, isn't this them giving out charity to a small company?]
[Is today April's Fools day? Why am I waking up to such a joke so early in the morning?]
[Upstairs, you're the joke! Your family is a joke! Chestnut is the home of many artists who took over the current poll of top artists in the country. Are you kidding me?]
[Oh? Who are these artists?]
[I bet they're just shrimps.]
[Ahahaha! The comments upstairs are so funny. If you just search the website of Chestnut, you'll see the name of their artists. But I'll save you the trouble. They didn't only have Yao Chuan, the top 1 actor this year, and Zhang Yiqing, Soloist of the Year, Chestnut is also the home of the biggest star in the country, Ran Xueyi!]