Chereads / Rebirth of the Entertainment Giant / Chapter 41 - Retribution

Chapter 41 - Retribution

At the Tax Office, Zhang Xiaohua found a staff member, then, in his capacity as a shareholder of New Century Entertainment, asked to check the tax revenue of New Century in order to determine their turnover.

The staff verified Zhang Xiaohua's identity. After which he printed of the tax records for the last three months and handed it over to Zhang Xiaohua.

Returning to the car, Zhang Xiaohua looked at the items and found that New Century Entertainment Co. Ltd. was involved in many business areas. Apart from being active in the entertainment industry, it also owned a lot of karaoke bars, hotels, and real estate businesses. The average monthly tax revenue had already reached 17.5 million yuan.

Zhang Xiaohua counted it and multiplied it by the corporate tax rate of 25%. That is to say, New Century Entertainment's monthly profit should amount to approximately 70 million, while he alone accounted for four percent of the company's shares.

Therefore, even after personal income tax, he should have received a net profit of about one million yuan. However, this time he only got a dividend of 30,000 yuan.

Zhang Xiaohua was in good spirits, so he started the car, stepped on the gas pedal, and went straight to the headquarters of New Century. It was time to get some revenge.

....

Located in the conference room of New Century Entertainment's headquarters, both senior executives and shareholders of the company were in a meeting.

Naturally, Cao Dequan presided over the meeting, but his face was not looking good at this moment. His forehead was full of black lines, and his eyes were bloodshot. Sharp eyes like that of a fierce beast swept over everyone's body. Each person, without exception, shuddered and bowed their heads, fearing to maintain eye contact with him, making the atmosphere look extremely dignified.

In the end, Cao Dequan locked his eyes on Manager Xu's body. His face became livid as if he could not wait to smash Manager Xu into a corpse!

The topic of the conference was somewhat related to Manager Xu because it involved HuaXiang Entertainment, and the last person to negotiate with HuaXiang was Manager Xu.

Manger Xu's real name was Xu Fengnian, and he was 40 years old. He had worked in the company for nearly 20 years, devoting almost all of the best time and youth of his life to the company. He was definitely a veteran and could be regarded as one of the founding members of the company. Even when Zhang Xiaohua's father was alive, he would also politely call him Manager Xu.

At this time, not only Cao Dequan's but also Cao Feifei's face were coloured in anger. There was no signs of respect for Manager Xu, completely regarding him as an ineffective staff members.

Bang!

Suddenly, Cao Feifei patted the table, breaking the atmosphere of the conference room, and screamed, "Xu Fengnian, why did you not tell me last time? That their company's boss was that waste, Zhang Xiaohua? Don't you dare tell me that you didn't know."

Indeed, after returning from HuaXiang last time, Manager Xu really had concealed Zhang Xiaohua's identity from them. He didn't want the Cao family to suppress Zang Xiaohua, and as not to affect Zhang Xiaohua's entrepreneurship, which was a thank you gift in return for his father's care in the past.

Now, Zhang Xiaohua had made a name for himself, and HuaXiang Entertainment became famous in the industry. Therefore, Manager Xu's deed could also be considered a meritorious one. He felt that no matter how the Cao's retaliated against him, he would have no complaints. He had stuck to his integrity, and that was enough for him.

Therefore, it was precisely because of Manager Xu's lack of report that Cao Dequan lost the opportunity to kill off his opponent.

Had Manager Xu told him the truth, with the strength and influence of Cao Dequan, he would have easily been able to erase Zhang Xiaohua and HuaXiang while they were still in the cradle.

But now, HuaXiang had become well-known. Zhang Xiaohua's name was known to everybody and widely regarded as the youngest music producer in history andeen as the hope of Huaxia's music scene; after all, his strength had played a massive role in propelling Wang Jingwen to the top.

What was more worthy of mentioning was that under the packaging and promotion of Zhang Xiaohua, Wang Jingwen had become popular all over the country, and her album [Hearts Emotions] had brought an unprecedented hearing feast to the people of the country, but it was also a major blow to all the other companies, resulting in pressure being built on the major entertainment companies to reply with something even better. Of course, this included New Century as well.

Cao Dequan, as the chairman of the board of directors, had to come up with a solution, but he had no idea of what to do. So, in the end, he decided to shift the blame to Manager Xu. Plus, this would allow him to get rid of the traitor and warn the others.

When criticised by Cao Feifei, Manager Xu just lowered his head and remained silent. He said that he had nothing to say because he understood this Cao father and daughter and believed that, no matter what he said today, this Cao family would find a way to expel him.

Sure enough, at this time, Cao Dequan's icy and merciless voice suddenly sounded:

"As the highest executive in the business department, Xu Fengnian was in charge of securing this deal. But instead, he had helped the outsiders deal with his own company. The consequences of his actions made the company lose a major share of its influence. Manager Xu's approach is tantamount to complicity selling this company out; therefore, he is unethical. So I, as chairman, hereby remove all of Xu's managerial duties and expel him from the company."

Having said this, Cao Dequan once again glanced at the current crowd. His gloomy voice sounded "I wonder if anyone present here has any disagreements with my handling of the situation?"

The other senior executives shook their head vigorously to show their agreement with his decision. 

In fact, everyone here was the same as Manager Xu, most of them were all old people with large families relying on their jobs at this company to eat, so even if they were interested in helping Manager Xu by saying a few good words, they did not have the guts to risk their own rice bowls to help.

The shareholders sat calmly as if watching a show, displaying disregard for Cao Dequan, but they still did not interfere with his decision. Plus, in the eyes of these shareholders, profit was the most important thing, so as long as they got their share of the profit, who was willing to take risks to offend Cao Dequan for a small manager?

Xu Fengnian never said a word. At the moment, he just stood up silently and reluctantly glanced around the room that had accompanied him for nearly 20 years. He had lost all enthusiasm to stay any longer a long time ago but forced himself to, but now… he just strode out of the meeting room.

In order to destroy all of Xu Fengnian's face, Cao Feifei immediately picked up the phone and said, "The Security Department, its Cao Feifei. Send a few guys and keep an eye on Xu Fengnian, do not give him the opportunity to steal confidential company information. If the company loses anything, I will come looking for you."

Soon, four uniformed guards hurried to Xu Fengnian's office and watched him like a thief. They waited for him to tidy up his personal belongings before sending him out of the company.

...

In the conference room...

At this time, Cao Dequan made a sly wink at Cao Feifei. Cao Feifei noticed and gently nodded and turned to the executives who were sitting beside her:

"I want to know how you plan to take back Wang Jingwen from HuaXiang. You discuss first, then give me a plan."

They immediately started discussing with each other...

A short while later, an executive and proposed: "Wang Jingwen signed an agreement with our company two years ago. It can be said that our company is her old owner. As far as I know, Wang Jingwen had always wanted to return to our company. However, now that she is popular, it is somewhat difficult to get her back. But this woman has two shortcomings: one is vanity, and the second is that she is too ambitious. So, I think that if we are willing to spend money and promise to promote her into an international star, she should be willing to jump ship."

Another executive immediately added: "Yes, I also heard about it. HuaXiang has always been relying on Wang Jingwen alone. So, as long as Wang Jingwen leaves, they will likely fall apart with a bit of pressure."

Cao Feifei was delighted. In her view, if it could be solved with money, it wasn't really an issue then.

An executive then spoke, "Well, I personally think that if general manager came forward and offered the deal to Wang Jingwen, she would definitely give you face and agree."

"If the general manager can personally come forward, then it is for the best!"

"Yeah, general manager is young, and Wang Jingwen is also a peer of the same age. Talking about it would be more convenient. I'm very much in agreement with this."

"It seems that general manager has also made meritorious deeds this time."

Everyone hurriedly took the opportunity to flatter her. Looking at this, it was clear that Cao Feifei was enjoying it very much, making the original atmosphere of life and death become filled with joy.

Obviously, she enjoyed the feeling of being praised, and it seemed that she was very much interested in talking with Wang Jingwen.

She turned to Cao Dequan and saw his face covered with anger. Cao Feifei immediately looked back at the crowd and suddenly everyone was quiet. Cao Feifei whispered, "Daddy, do you have anything else to say?"

At this moment, Cao Dequan was full of hatred towards Zhang Xiaohua. When he thought of Zhang Xiaohua's hateful face, he wished he could have taken a full swing at him.

Thinking again of Zhang Xiaohua's "I want you to have nothing" oath, Cao Dequan's innermost feelings were of inexplicable fear, especially after seeing his sudden success.

In order not to let Zhang Xiaohua's oath come true, Cao Dequan wanted to kill him off in the cradle. Like everyone else, Cao Dequan also naively thought that as long as Wang Jingwen was gone, HuaXiang would collapse, and it would be like killing two birds with a single stone.

In order to make up his mind, Cao Dequan suddenly made a serious face and decisively ordered Cao Feifei: "No matter what method is used or how much money is spent, I must have Wang Jingwen as soon as possible. This matter must be successful, and there should not be any mistakes. Otherwise, even if you're my daughter, I will not tolerate it!"

"I know Daddy, you can rest assured." Cao Feifei confidently promised and then turned to the people present here: "As soon as possible, find a way for me to contact Wang Jingwen. Tell her that New Century's general manager has something important to discuss with her face to face."

"Yes, general manager." The crowd was in full swing and responded in unison.