Xu Zhi said: "I asked American professionals, according to the current price, the satellite itself, the launch cost and insurance, these add up to about 500 million to 800 million US dollars. ”

"It's so expensive!" Shao Yifu's face changed when he heard this, even if it was only 500 million US dollars, according to the 20% stake he held, he would have to paste 100 million US dollars.

He is worth far more than $100 million, but most of them are a large number of properties and a large number of stock assets throughout Southeast Asia, and if he wants to come up with $100 million, he may have to sell a lot of his properties.

Xu Zhi looked at Shao Yifu Tieqing's face and said, "Shao Sheng, if you feel pressured, I can pay this money alone, and Wireless can increase shares to integrate into this fund." ”

"Xu Sheng, although 100 million US dollars is a lot, I can still come up with it. Shao Yifu said coldly, and at the same time understood in his heart that the other party actually wanted the shares in his hands.

Wireless is not listed, Shao Yifu holds 20% of the shares, he does not take the initiative, and Xu Zhi will not have the opportunity to fully control wireless in his life.

But if you want to dilute Shao Yifu's equity indefinitely, you can do it, as long as a large amount of money is injected into the company, then the minority shareholders must also inject funds in proportion, otherwise, the shares will be diluted.

"Shao Sheng, there are some things I can tell you bluntly, investing in satellite TV, I am largely for my other companies, even if the satellite will not lose money, but the most profitable may be Midea Electronics or Taurus Beverage, this point, for you, may not be fair, so I hope that I can buy your wireless shares at a premium. Xu Zhi said solemnly.

Shao Yifu nodded quietly and said, "It seems that Xu Sheng has already thought about this step. ”

Xu Zhidao: "Indeed, but Shao Sheng may have misunderstood me, although the scale of wireless is not small, but compared to my other industries, the scale is much worse, in the future, I have a lot of plans for wireless, many may not be profitable, if there are other shareholders, it will always be more or less unfair to others, so taking back all the equity is the most convenient move." ”

Shao Yifu shook his head and smiled: "Xu Sheng, in fact, you don't need to explain too much, this is the same ending for me." ”

Xu Zhi said: "So, Shao Sheng agreed?"

Shao Yifu sighed: "What if you don't agree, you are the controlling shareholder of wireless, legally speaking, what you want to do, I can't stop you at all, you can openly and honestly propose the acquisition, which is already good." ”

According to Heung Kong's law, holding 51% of the company's shares and gaining control of the company does not mean that you can do whatever you want, because the legal veto power is 33.4%, and as long as the minority shareholders gather to form 33.4% of the voting rights, they will veto all proposals.

The actual absolute controlling stake is 66.7%, and once this share is reached, even if you put the company's operation on the verge of bankruptcy, the minority shareholders can only choose to exit.

Xu Zhi holds 80% of the current wireless equity, and no investment or plan needs the consent of a small shareholder like Shao Yifu to make any investment.

The reason why Xu Zhi did this, one is because Shao Yifu is the top manager of the current wireless, and the second is that the best way to do business is peaceful coexistence, and if there is no conflict, it will not happen, not to mention that Xu Zhi will need to carry out other mergers and acquisitions in the future, if he pits his former partners now, then he will inevitably be affected in the future.

Xu Zhi nodded and smiled: "Shao Sheng is polite, wireless's net profit last year was 82.3 million Hong Kong dollars, the current valuation is about 1 billion Hong Kong dollars, 20% of the shares in your hands are worth 200 million Hong Kong dollars, I can bid 250 million to buy all the shares in your hands, what does Shao Sheng think of this price?"

"If I sell the stock in my hand, will it have nothing to do with wireless anymore?" Shao Yifu did not directly answer the price question.

Xu Zhi shook his head and said, "Of course not, as long as Shao Sheng is willing, you will still be the general manager of TVB." ”

Shao Yifu took a sip of tea, was silent for a few minutes, and then said, "I need to think about this matter for a while. ”

"No problem. Xu Zhi nodded and agreed: "However, no matter what Shao Sheng chooses, it is imperative to start satellite TV, so I hope that the current wireless can officially start and devote itself to this matter." ”

Shao Yifu nodded and said, "Okay, no problem, I will formally apply to the Hong Kong government." ”

Xu Zhidao: "In addition to the Hong Kong government, we also have to apply to ITU. ”

"ITU?" Shao Yifu was stunned, he had never heard of this organization.

Xu Zhi smiled: "Yes, ordinary people don't know about this international organization, and if it wasn't for the launch of satellites, I wouldn't know." ”

ITU, also known as ITU, is the United Nations agency responsible for information and communication technologies, responsible for the allocation and management of global radio-frequency spectrum and satellite orbit resources.

Although the space above the earth is huge, but in fact the orbit that can be accommodated is limited, if there is no disorderly launch, the various countries do not coordinate the information, then it is very likely that satellite collisions will occur, ITU in this role is to coordinate the responsibilities of various major countries, to avoid unnecessary losses.

However, ITU only coordinates, and does not have the right to veto any country's satellite launch plans, according to international law, space resources do not belong to any person or country, and all resources are on a first-come, first-served basis.

The existence of this law is also why during the Cold War, the two international giants desperately developed space technology, because the resources of the earth's outer space are limited, and the first to occupy it, then the people behind will have little chance, which is also one of the main reasons why all countries with a little strength need to invest in space.

And this law also applies to commercial satellites, as long as the application is made, it will generally be passed.

After listening to Xu Zhi's introduction, Shao Yifu said: "Okay, I will entrust some professional intermediary companies to be responsible for this matter, but how to arrange this satellite customization and launch plan?"

"I'll take care of that. Xu Zhi said: "I have arranged for someone to consult several professional satellite production companies in the United States, they should soon dock with wireless, but whether it is satellite bidding, or follow-up production, it will take a long time, for the time being, this matter is not urgent, you can make the preliminary preparations first." ”

Under normal circumstances, a commercial satellite from customization to launch, it takes at least two years, and the later launch, must also be decided according to the actual situation of the satellite, generally have to wait until the satellite is almost manufactured to specify the launch plan, which has to consume a year and a half, after the satellite is successfully launched, it will have to be debugged for a period of time, it is estimated that even if you start to prepare for the preliminary work now, it will be at least 3 years later, satellite TV will start to officially operate.

Xu Zhi then asked, "How much money does Wireless have in its account now?"

"Almost 130 million Hong Kong dollars. Shao Yifu is still well aware of the company's financial situation.

"Except for some funds to maintain operations, everything else was converted into dollars. Xu Zhi said.

"Why is this? Is it that you are going to use the money in your account to pay for the cost of the satellite? This money is not enough, and the TV station also needs this working capital!" Shao Yifu couldn't help frowning and asked, although he has a plan to launch a satellite now, he has not started to prepare yet, so there is no need to exchange dollars now.

"I have my thoughts, you don't have to ask too much. Xu Zhi didn't explain much, and asked again: "How much is the current debt of wireless?"

Shao Yifu replied: "It's about 300 million Hong Kong dollars." ”

"300 million, not much. Xu Zhimo calculated, with a profit of more than 80 million Hong Kong dollars a year, this debt is really not much.

So he continued: "Ask a few familiar banks to borrow 300 million Hong Kong dollars, and all of them will be converted into US dollars." ”

"Xu Sheng, do you have other ideas?" Shao Yifu couldn't help asking.

Xu Zhi smiled: "Don't worry, I am the major shareholder of wireless, and I will not cheat myself." ”

"Well, I'll do what you ask, it seems that I, the old man, can't keep up with the young man's thoughts. Shao Yifu shook his head and smiled.

After a while, Shao Sheng understood. Xu Zhi shook his head with a smile.

Nearly halfway through 83 years, in a few months, a serious "Hong Kong dollar crisis" will break out in Hong Kong, under the panic effect, the Hong Kong dollar will depreciate on a large scale, and many shops even refuse to use Hong Kong dollars to settle payments, although the Hong Kong government has followed up to prevent this behavior, but the fall of the Hong Kong dollar is inevitable.

A large number of Hong Kong dollars were sold, resulting in the Hong Kong dollar against the US dollar from the initial 5.23 to 9.6, and finally the Hong Kong government announced the implementation of the "linked exchange rate" system pegged to the US dollar, setting the ratio of the Hong Kong dollar to the US dollar at 7.8:1, which avoided the crazy depreciation of the Hong Kong dollar.

As early as the beginning of this year, all of Xu Zhi's companies, except for some basic operating funds, have been slowly converted into dollars.

For TVB, there is indeed a lot of economic pressure to buy satellites, which is suitable for taking advantage of the fluctuation of the Hong Kong dollar exchange rate, making a little extra money, and also reducing some costs.