章節 226: Chapter 226: The Enemy Is Dismayed, Desperate Measures
Indeed, as Pan Yuesheng thought, after receiving the news, Hu Xian, who was busy with work arrangements, felt the world spinning around her. She staggered and sat down on a chair, supported by those around her, to avoid falling to the ground.
Her subordinates gathered around her looked on with concern, unsure if their worry was for her health or for the company's situation and future.
Perhaps it was a combination of both.
After a long while, seeing that Hu Xian was still staring blankly and not speaking, An Yubin, who was in charge of setting up the Xingdao News Agency, couldn't help but speak up: "Chairman, Chairman."
Hu Xian blinked, snapped back to her senses, and looked at the worried faces of her employees. She knew she could not collapse. Taking a deep breath to steady herself, she said with a hoarse voice, "I'm fine. As you all heard, the company is now facing a major crisis. Do you have any solutions?"
Everyone looked at each other, then fell into deep thought.
But given the current dire situation, they truly felt powerless.
The threat from Jiuding Media was multi-faceted. Xingdao News Group was already retreating steadily, which was why they had invested a huge amount of money into setting up the Xingdao News Agency, hoping to halt the decline of their core newspaper, *Xingdao Daily*, and achieve growth, with plans to explore new businesses afterward.
Even just *Fengyun Daily* was squeezing *Xingdao Daily* to the point of suffocation. Now *Nanyang Daily*, *Xingzhou Daily*, and *Tiantian Daily* were also eyeing them with intent.
The company's second most important newspaper, *English Tiger Daily*, was also struggling. *Nanhua Daily* was suppressing it, and the rapidly advancing *Asia Wall Street Journal* was relentlessly pursuing it.
Now that the formidable *Nanhua Daily* had been acquired by Jiuding Media, a huge new competitor had appeared. It was foreseeable that *Nanhua Daily* would soon explode in popularity.
Apart from these two newspapers, Xingdao News Group had only a few minor newspapers published on weekends, which were virtually insignificant.
Such a comprehensive and targeted attack was not something that could be easily resolved!
Seeing everyone lost in thought or sighing, Hu Xian's heart sank. She furrowed her brows and muttered to herself, "Is there really no way to solve this?"
"There is one solution. Since Jiuding Media can acquire newspapers to attack us, we can also acquire other newspapers to counter them."
A senior executive suddenly spoke up hesitantly.
This suggestion made many people's eyes light up, but they quickly dimmed.
One person couldn't help but retort, "Jiuding Media has spent at least 36 million HKD on acquisitions. Do you think we can afford that?"
Upon hearing this, everyone lowered their heads and sighed inwardly.
They were all too aware of the current situation of Xingdao News Group.
Since Jiuding Media appeared, the sales of Xingdao News Group had been impacted, and a significant portion of their advertising sponsors had been taken away, leading to a continuous decline in advertising revenue.
Yet, to cope with the competition, costs and expenditures had instead been steadily rising.
As a result, after several months, the company's finances were tight. To set up a news agency, they had to rely on bank loans. How could they possibly have spare funds to acquire other newspapers now?
Moreover, Xingdao News Group was already at a disadvantage. To counter Jiuding Media, the value of any newspaper they acquired would have to exceed 36 million HKD; anything less would be useless. Without the support of a news agency, even if they acquired a newspaper, it wouldn't be able to transform effectively.
Thus, the only viable solution seemed to be to get the news agency up and running, improve the company's operational efficiency, and enhance the quality of the newspapers. This was their lifeline.
Hu Xian had also thought of this. She looked at An Yubin, who was in charge of the news agency's construction, and asked seriously, "Can the news agency be put into operation now?"
At her words, everyone turned to look at An Yubin, who was now under significant pressure, particularly from Hu Xian's expectant gaze.
After thinking for a moment, An Yubin said with difficulty, "Chairman, the news agency has only been under construction for just over twenty days. It's been built from scratch, which is very challenging. Currently, only the offices in major countries are established, and the personnel system is still being set up. According to our plan, it will take at least two months to complete. It's unlikely that it can be operational now."
Upon hearing this, Hu Xian's face darkened. Two months' time meant that only just over twenty days had passed, and there were still more than thirty days to go. By then, it would be too late!
The situation wasn't even the most severe yet. Once Jiuding Media completed integrating the four acquired newspapers into its system, the crisis would undoubtedly intensify.
Moreover, *Jiuding Daily* and *Fengyun Daily* were continuously increasing in circulation, squeezing the market share of *Xingdao Daily*.
When that happens, the situation will be at its most critical!
And time will not be on their side!
If, in more than thirty days, the Xingdao News Agency is still under construction, the company might be in a situation where it can't even afford to pay wages due to losses.
Therefore, they must speed up the process!
"Isn't there anything at all that can be used? Just for *Xingdao Daily*, can't we solve this little problem?"
Hu Xian's brows were furrowed, and her eyes were sharp as she looked at An Yubin and asked again. She was unwilling to accept this; this was the only feasible solution she could think of.
An Yubin thought for a moment and hesitantly said, "If it's just for our own use, it might barely work, but since it hasn't been tested, there may be many issues."
Hu Xian's spirits lifted. "If it can be used, then let's use it. Solve the problem first, and start using it immediately!"
An Yubin opened his mouth, looked at the other people present, hesitated for a moment, and finally swallowed his concerns. He sighed internally and said softly, "Understood!"
As the person responsible for setting up the Xingdao News Agency, An Yubin knew exactly what it was like. He had wanted to say that even if the agency were completed in two months, it would still be inferior to Jiuding Media's news agency.
Hu Xian didn't understand this. She was now pinning all her hopes on the news agency, resorting to desperate measures. Rushing to use it would certainly be less efficient than Jiuding Media's agency and would likely be of lower quality. It might not have the desired effect.
After all, with *Fengyun Daily* and Jiuding Media's agency setting a high standard, if *Xingdao Daily* underwent hasty changes, it might backfire and lead to the loss of old customers.
If it truly proves ineffective, Hu Xian would be greatly disappointed with him, and he would bear the responsibility, with no place to complain.
But now, Chairman Hu Xian was clearly in a state of panic, resorting to desperate measures. An Yubin could think of no other solution and could only follow orders silently.
"Hopefully, the situation won't be too bad…"
An Yubin sighed inwardly and prayed silently.
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