Stronger by Paying Salaries and I Have 1 Billion Employees

Chen Feikang wasn’t concerned, however. He had obtained his brother’s power of attorney long ago.

The morning passed in a flash. The Postal Association had booked a luncheon at a nearby hotel, and everyone drove over.

Fifteen minutes later, Chen Yansen had just taken a seat in the banquet hall when Chen Feikang approached him.

”You’re saying you want to sell Speed Peak to Cloud Speed?”

Chen Yansen sized up Chen Feikang with great interest.

’An interesting pair of brothers!’

Liao Wei, sitting beside him, grew anxious. He’d nearly lost his life because of them; of course he wanted to see Speed Peak utterly destroyed.

”Yes, President Chen.” Chen Feikang was extremely deferential in Chen Yansen’s presence, nodding in confirmation.

”Thirty percent of Speed Peak Express’s hubs across the country have already folded. You have no volume, no delivery speed... why would I buy a pile of scrap metal?”

Chen Yansen said mockingly, curling his lip.

”President Chen, Speed Peak still has nine major transit hubs in North China, East China, Southern China, and Central China, as well as 1,300 transport trucks. Once Cloud Speed absorbs these resources, your delivery times can be shortened significantly.”

Chen Feikang listed Speed Peak’s core assets one by one for Chen Yansen, his tone utterly servile.

”I’ll leave the decision to you,” Chen Yansen said, looking at Liao Wei.

’Acquiring Speed Peak would certainly accelerate Cloud Speed’s expansion, but I have to consider Lao Liao’s feelings.’

”Thank you, Boss.” A warmth spread through Liao Wei’s chest. He could feel how much his boss valued him.

’Personally, I would never agree to the acquisition. But from the perspective of the company’s interests, and the boss’s, if I refuse, it’ll look like I’m not considering the big picture.’

For a moment, Liao Wei was torn.

Just then, Chen Jiahai of Quanfeng Express approached them, a wine glass in hand and a broad smile plastered on his face.

”President Chen, I’ve heard so much about you. It’s an honor to finally meet you in person. I’d like to propose a toast. I’ll drink to the bottom, you can drink as you see fit.”

Compared to the bosses of the Three Passes and One Reach, thirty-six-year-old Chen Jiahai was much younger. He wore an indigo suit and, despite not being tall, had a sharp, keen look about him.

In this price war, Quanfeng and Cloud Speed were technically on the same side, thanks to their connection with Penguin. However, this unprofitable line of business had made Chen Jiahai think about backing out.

He had originally been a shareholder in Zhongtong Express. Two years ago, when the Zhongtong Yanjing Branch was merged into the headquarters, he cashed out for 35 million yuan and founded Quanfeng Express.

”President Chen, a pleasure!” It’s hard to turn away a smiling face, and considering his connection to Liu Zhiping, Chen Yansen showed Chen Jiahai plenty of respect by downing his drink in one go.

Chen Jiahai glanced at Chen Feikang and asked in a low voice, ”President Chen, could we have a word in private?”

”Of course.” Chen Yansen put down his glass and walked with Chen Jiahai to a private room outside the banquet hall.

This left Liao Wei and Chen Feikang staring awkwardly at each other.

「Meanwhile.」

After hearing Chen Jiahai’s explanation, Chen Yansen asked in astonishment, ”President Chen, you want to sell Quanfeng to me?”

”To be frank, Quanfeng received fifty million in financing from Penguin last year. The original plan was to use us to shore up Paipai Network’s weak logistics, but the group halted any further investment plans. Now, with the competition in the delivery industry worsening by the day, I believe putting Quanfeng in your hands, President Chen, is the wisest choice.”

Chen Jiahai said with a sigh, his words a mix of flattery and justification.

”Cloud Speed and Quanfeng have different operating models. An acquisition is fine, but I won’t be taking on the assets of your franchise network. Only directly-operated hubs, transportation equipment, warehouses, and personnel can be included in the acquisition.”

Chen Yansen made his unappealing conditions clear from the start.

”No problem.” Chen Jiahai breathed a sigh of relief and agreed with a smile.

After they ironed out the details, Chen Yansen pulled out his phone and called Gao Weilin, telling him to assemble a team to handle the subsequent acquisition process.