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The Sword God of the Universe-Chapter 565 Honorary President [Three Updates]
Chapter 565: Chapter 565 Honorary President [Three Updates]
President Qing Ru wasn’t exaggerating.
It now appeared that Youhai Commerce had a significant way to go to catch up with Golden Sparrow Commerce, but it wouldn’t take long for the gap to close rapidly, due to Alchemist Jing Yan’s endorsement of Youhai Commerce, which would expand its business network in the near future.
Once Jing Yan joined Youhai Commerce, the effects were hard to predict at the moment, but they would certainly be powerful.
However, Jing Yan slightly furrowed his brow.
"President Qing Ru, I honestly don’t want to join any forces," Jing Yan didn’t want to be bound by any commerce.
He had declined invitations from the Holy City Holy Palace and even less so from the commerce of Pill Country.
For a pill master like Jing Yan, obtaining Spirit Stone resources was not difficult. As long as he refined elixirs when convenient, earning Spirit Stones would be effortless.
If he was willing, people seeking his alchemy skills would be plentiful.
"Mr. Jing Yan, if you join Youhai Commerce, our commerce will not impose any restrictions on you. You won’t need to do anything in the commerce. We only hope that you can serve as the honorary president," Qing Ru quickly added.
To put it bluntly, Youhai Commerce just wanted Jing Yan’s prestige.
Of course, it would be better still if Jing Yan was willing to refine elixirs for the commerce, but that clearly wasn’t realistic, and Qing Ru understood this.
"Honorary President?" Jing Yan looked at Qing Ru.
If there were no restrictions, it would be acceptable.
Jing Yan indeed had a good impression of Qing Ru.
Jing Yan understood Qing Ru’s intention of wanting him to serve as the honorary president of Youhai Commerce, essentially to leverage his prestige.
However, this prestige shouldn’t just be utilized freely. Serving as the commerce’s honorary president—what were the benefits? Without any benefits, Jing Yan would definitely not agree.
"Yes! Honorary President!"
"Mr. Jing Yan, as long as you agree, you can immediately receive ten percent of Youhai Commerce’s shares!" Qing Ru dropped a bombshell.
Ten percent of the shares!
How much was ten percent of Youhai Commerce? Jing Yan wasn’t sure, but he knew it was a lot.
This was one of the Five Great Commerces of Pill Country!
Inside Youhai Commerce were dozens of directors, each holding certain shares. Normally, each person’s shares were just a few percent, rarely more than ten percent. Even Qing Ru herself only held a bit more than ten percent.
Ten percent of the shares was indeed a significant figure. This was sufficient to prove Youhai Commerce’s sincerity in inviting Jing Yan.
Like Dragon Soaring Commerce and others, although they wanted Jing Yan to join their commerces too, they definitely wouldn’t offer him such a large share. Even if they could afford this much, there would be many conditions. freёnovelkiss.com
"Jing Yan, I think Qing Ru’s proposal is very good, you might want to consider it," Zhou Shangyun also spoke up.
For Jing Yan, merely being an honorary president at Youhai Commerce could net him ten percent of the commerce’s shares—why would he refuse?
Zhou Shangyun hoped Jing Yan would agree.
"Hmm!" Jing Yan nodded to Zhou Shangyun.
"President Qing Ru, your proposal is very good!" Jing Yan said. "However, I have one condition."
"Please speak!" Qing Ru’s eyes lit up.
As long as Jing Yan agreed to join Youhai Commerce, let alone one condition, even ten conditions, she would try to meet them. Qing Ru was indeed a far-sighted person; her role as the president of the commerce was no accident.
"I have a Pill Tower, this Pill Tower is known as Splendid Pill Tower, specialising in selling elixirs," Jing Yan voiced.
"Splendid Pill Tower? Splendid Pill Tower of Donglin City in Lanqu County?" Qing Ru’s eyes suddenly sparkled.
"President Qing Ru, you know of Splendid Pill Tower too?" Jing Yan was a bit surprised.
Splendid Pill Tower was merely one among many in Donglin City within Lanqu County jurisdiction, and unexpectedly, Qing Ru knew of it.
However, it should be mentioned that Donglin City had developed quite rapidly over the last few years. Just a few years ago, it wasn’t the lowest-tier city within Lanqu County. Although it still couldn’t compare with the top cities in Lanqu County, it could be regarded as a second-tier city, having expanded more than tenfold in scale. The city now had many Martial Artists at the Dao Spirit Realm.
And nowadays, Splendid Pill Tower was quite well-known. Many of the elixirs from Splendid Pill Tower were of a high quality and had already circulated beyond Lanqu County, throughout the Heavenly Origin Continent.
The only downside of Splendid Pill Tower was that their elixirs were predominantly low-level, with few intermediate elixirs. Thus, for Martial Artists beyond the Dao Spirit realm, Splendid Pill Tower still didn’t have much appeal. But this didn’t stop Youhai Commerce from being aware of Splendid Pill Tower’s existence.
"I’ve indeed heard of it; I never imagined that Splendid Pill Tower was actually owned by Alchemist Jing Yan!" Qing Ru exclaimed. "No wonder the elixirs produced there are of such high quality!"
"Yes! Currently, the elixirs from Splendid Pill Tower are primarily low-level. However, in the future, there will definitely be a large number of intermediate and even high-level elixirs," Jing Yan nodded. "My condition is that I hope Youhai Commerce can form a partnership with Splendid Pill Tower. Splendid Pill Tower could be given priority to exchange its elixirs for materials from Youhai Commerce."
Hearing this, Qing Ru was relieved. She didn’t expect Jing Yan’s condition to be just this.
This condition wasn’t just without loss for Youhai Commerce but was beneficial. The high-quality elixirs from Splendid Pill Tower had a significant market. If they could acquire elixirs from Splendid Pill Tower, it would obviously be advantageous for Youhai Commerce’s business.
"This is completely no problem. I can send someone to Donglin City to contact the person in charge of Splendid Pill Tower right away," Qing Ru didn’t hesitate to agree.
"Then there’s no issue. President Qing Ru, pleased to cooperate," Jing Yan said with a smile.
"Great! That’s wonderful!" Qing Ru knew that Jing Yan had accepted her request.
Next, a directors’ meeting would have to be called.
Jing Yan’s acquisition of ten percent of Youhai Commerce’s shares changed the share structure of the commerce. The directors’ shares would definitely need to be redistributed.
Naturally, Jing Yan would also have to attend the directors’ meeting.
Jing Yan’s ten percent of the shares had to be squeezed out from other directors; naturally, their shares would decrease. However, anyone with a bit of foresight wouldn’t have too many objections. In the short term, their shares indeed diminished, but in the long run, they stood to gain much more.
Thus, the progression of this matter at the directors’ meeting went very smoothly, with almost no voices of opposition.
After signing an agreement, Jing Yan officially became the honorary president of Youhai Commerce, obtaining ten percent of the commerce’s shares. And as an honorary president, he wouldn’t interfere with normal operations of the commerce.