Monday, continued …
Hou YI and Yao Tan both walked out onto the stage, and then looked out at the gathered media. As they had discussed, Hou Yi walked up to the microphone to address the press.
"Welcome. You may all be wondering why you are here for a joint press conference between myself representing Hou Enterprises and CEO Yao representing XF International. While we are competitors in business, many of our interests overlap. As you are aware last week CEO Yao announced a mall development joint venture between both Hou Enterprises and XF International. That is the first in a ongoing series of projects that will occur between our companies. We are here today to announce an ongoing joint venture between Hou Enterprises and XF International in the Entertainment area."
