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The so-called tail products are the leftover goods.

Typically, big brands do not produce their own goods; instead, they outsource to factories.

These factories will definitely have so loss indicators internally, so they will produce more than the order requires.

Once the order is delivered, these remaining, undelivered products beco tail products.

The status of these tail products is sowhat awkward.

Saying they are genuine, they are of the sa quality and design as genuine products.

But saying they are not genuine, they are indeed not officially sold.

Therefore, Tail Product eting gathers these tail products to sell on the platform to custors who find genuine products expensive but worry about being seen wearing counterfeit goods.

This way, it’s a win-win situation.

The factory sells goods that no one wants.

Custors buy goods of genuine quality at a cheaper price.

However, with the platform’s developnt, a lot of counterfeit goods have disguised themselves as tail products and started flooding Tail Product eting.

So, in recent years, many consurs have abandoned Tail Product eting, leading to a yearly decline in inco, even risking bankruptcy.

"Why are we getting involved with Tail Product eting again?" Chen Yiyang didn’t understand this logic.

"Tengxu is the second largest shareholder of Tail Product eting, the largest shareholder is the owner of Tail Product eting and his wife.

Currently, because Tail Product eting’s performance is declining annually, coupled with Tengxu’s shift in business focus, they are preparing to sell their Tail Product eting shares.

But now, no one wants to take over these shares, so Tengxu’s offer is, whoever is willing to take over these shares can buy the rights to that ga."

"How is this different from robbery?" Chen Yiyang frowned.

Exchanging the art rights of a ga that nobody plays and has almost no IP value for soone taking on the shares of a company nearing bankruptcy.

It’s more ruthless than robbery.

"Tail Product eting’s market value is not high now, and Tengxu isn’t planning to sell for much. Actually, personally, I have the capability to buy these shares, but I can’t do it myself because it’s against regulations."

Wu Changxun patiently explained to Chen Yiyang.

"Wait, let check the information."

Chen Yiyang took out his phone and checked Tail Product eting’s current market value.

At its peak, Tail Product eting’s market value reached 200 billion RMB, but after reaching the peak, in just two short years, it dropped by 180 billion, leaving only over 20 billion in market value now.

It’s indeed not far from bankruptcy.

No wonder Tengxu is trying to jump ship quickly.

"How much of Tail Product eting’s shares does Tengxu have?"

"Eleven percent."

"Indeed, not much." Chen Yiyang calculated that 11% of the shares based on Tail Product eting’s current market value would be just over 2 billion.

For a big shot like Wu Changxun, spending over 2 billion is doable.

But he can’t do it.

Because no matter how badly Tail Product eting has plumted, if Tengxu sells shares and the buyer turns out to be a Tengxu executive.

It will definitely trigger Tengxu’s internal review chanism, causing Wu Changxun to be questioned.

But over 2 billion.

Chen Yiyang has this money, but he has no intention of throwing money into the water just to hear the splash.

"If you’re willing to take over these shares, I have a few good projects here you can invest in."

Wu Changxun offered his chips.

Wu Changxun couldn’t have reached such a high position by being a fool.

Benefits must be mutually exchanged.

He needs Chen Yiyang to buy Tail Product eting’s shares.

Naturally, he must offer corresponding benefits.

"What projects are those?" Chen Yiyang inquired.

"Here’s the list, you can take a look." Wu Changxun handed a tablet to Chen Yiyang.

Chen Yiyang took it and flipped through it.

Wu Changxun was indeed sincere, offering projects deed as 3S-class and 2S-class within Tengxu.

This represents Tengxu’s internal optimism about the projects.

Of course, Tencent’s vision isn’t great.

However, Chen Yiyang did recognize two nas in these projects.

Yu Nianqing and My Heroic Husband.

"Are these two adapted from male-oriented online novels into TV series?" Chen Yiyang asked.

"I don’t usually watch TV series." Wu Changxun spoke honestly.

Where do these executives find ti to watch soap operas.

If each of them were heavy viewers of TV series, Tengxu Video would have already crushed other platforms, dominating dostic entertainnt.

"I’m very interested in these two projects."

"Yu Nianqing is a 3S-class project within Tengxu. If you want to invest, you can only get a small share, but you can designate one or two roles.

As for My Heroic Husband, it’s positioned as 2S-class. I rember during a previous eting, internally it’s not very favorable, maybe not even enough support for 2S. If you’re willing to invest in it, all Tengxu’s investnt shares can be yours."

"Will Tengxu Video platform offer a minimum purchase price for the first broadcast rights for this TV series?" Chen Yiyang asked.

For a TV series, what’s the use of investnt shares?

Previously, he got the investnt shares for The Longest Day In Chang’an from Ali.

But actually, the investnt shares were a gift, Ali’s promise to buy the first broadcast rights on the video platform was the most important part of the deal."

"I can’t give a definite answer on that." Wu Changxun answered honestly, "My influence doesn’t reach such specific affairs, but I can try my best to fight for it."

"Then My Heroic Husband it is." Chen Yiyang said, "Help contact its director and producer."

"No problem." Wu Changxun nodded.

"By the way." Chen Yiyang continued to ask, "Are you sure that studio purchased art copyrights to make a dostic single-player ga?"

"I’ve confird it, and they are going for a big production at a 3A level."

"Do they lack investnt?" Chen Yiyang pursued.

Throwing over 2 billion into the water for TV series investnt shares.

It’s actually a loss.

But Chen Yiyang agreed to this exchange partly hoping to support dostic gas.

After all, for a big shot like Wu Changxun to personally co for this, surely the other party’s scope is not just an independent ga.

"Not very, they primarily lack talent. But you can symbolically invest a little money, and gain a one percent stake."

"Okay." Chen Yiyang nodded.

He plans to get the contact information from Wu Changxun and find ti to visit the studio.

To see if this studio can really create a 3A-level single-player masterpiece.

It’s worthwhile to throw this over 2 billion into the water.

Of course, most of the over 2 billion should account for Wu Changxun’s personal favor.

Although in the earlier conversation, neither of them made the personal favor explicit.

But since Wu Changxun proposed letting Chen Yiyang throw away over 2 billion for nothing. That equals him owing Chen Yiyang a favor.

Within Tengxu, the executives who might beco Tengxu’s future leader, Chen Yiyang knows only two, one is Wang Chunyun and the other is Wu Changxun.

Wang Chunyun is already a dead enemy.

Then Chen Yiyang can only regard this over 2 billion as an early investnt, supporting Wu Changxun’s rise.

If Wu Changxun ever truly ascends to the CEO of Tengxu, by that ti, sending money, 2 billion might not even warrant a eting.

You are reading Becoming Rich with Daily Scavenging APP Chapter 228: Yu Nianqing and My Heroic Husband on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
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