Chapter 502: The Abacus of Each
"Then you say, how can I convince Run Run Shaw?" Lin Qi was frustrated in Hong Kong, returned to his villa in Shenzhen, and complained to Meng Xin, "Is it possible to exert pressure to make Shaw Brothers' business more difficult, go bankrupt and then buy debts, and get Shaw Brothers' assets in hand through bankruptcy debt restructuring?"
The creditor has priority over the disposition of the property and has priority over the shareholders of the company. If a company obviously has financial problems, the main creditors have the right to request the company's assets to be frozen, so as to ensure the interests of the creditors and avoid the company's poor management, the boss transferring assets, and running away with money.
At the same time, if the debt ratio is high, most creditors can even jointly apply for bankruptcy liquidation and reorganization of the company. The so-called bankruptcy liquidation is to calculate the company's assets first, and after selling them, the assets are obtained according to the priority. The creditor is ranked above the shareholder, and after the company's assets are liquidated and the creditor's interests are repaid, if there is still a little residue left, it will be distributed to the shareholders according to the proportion of equity.
But basically, if a company goes to the bankruptcy liquidation process, it should be said that even if there is still a little asset after liquidation, the company has shrunk a lot.
Therefore, for most company operators, even selling the company is more cost-effective than going through the bankruptcy liquidation process.
Although applying for bankruptcy and reorganization is a modern and legal means, in the eyes of traditional businessmen, it is a very unrighteous behavior.
Even if it succeeds, it will bring a lot of negative reputation. You must know that Mr. Run Run Shaw's greater fame is not because of his company's success, but because of his achievements in donating money to education in the mainland! Just now, he donates no less than 100 million yuan to the mainland every year, and even more than TVB pays him dividends every year. Using the next means to deal with Shao Lao will definitely be a stain in the future!" Meng Xin said with a frown.
It seems that she has spent three years of high school in Shaw Building since she was in high school, and when she is in college, she can still see the teaching building donated by Run Run Shaw.
It can be seen that Run Run Shaw's donation to education involves a wide range of people and how many people have benefited.
"I read the information of the Shaw family before, and I saw that almost none of Shaw's children had any intention of inheriting his company, that is, after Shaw 100 years later, the company would fall into the hands of others. When the time comes, I will not sell it to you, but I will sell it to others. Therefore, as long as you win the trust of Uncle Shao Liu, and convince him that selling to you is the best choice, you can keep the Shaw Brothers' movie brand, so that he will most likely agree in the end!"
Lin Qi nodded, indeed, Run Run Shaw's three children have their own careers, and they rarely care about Shaw Brothers movies and TVB. The Shaw Brothers is a long-established family, and during the Republic of China, it was a business in Shanghai, Hong Kong and Southeast Asia.
Run Run Shaw's Shaw Brothers Film Company can become bigger and stronger because it is a Shanghai film family. Before the rise of Hong Kong films, his family had already opened a film company in Shanghai and became popular with a large number of stars. And the Shaw family, among the branches of various ethnic groups, there are many people whose wealth is no less than that of Run Run Shaw.
What's more, Hong Kong's tycoons Li Ka-shing, Bao Yugang and others are also old friends with Run Run Shaw, and they really encountered someone who maliciously acquired bonds and bankrupted Shaw Brothers Films. Then these older generations of rich people will lend money to Run Run Shaw at any time.
Previously, Wang An Computer, which Lin Qi acquired, because Wang An had cultivated Wang Lie as an heir since he was a child, arranged schools and courses related to technology and management. Theoretically, Wang Lie should be a very suitable successor, with a high degree of education and technical knowledge and management, however, the particularity of the technology industry has not allowed Wang Lie to really show his achievements, and Wang An's computer has declined.
At the beginning, Lin Qineng's acquisition of Wang An Computer Company was mainly to assure Wang An that Wang Lieneng would continue to serve as the company's executive. Even, if the time is right, Wang Lie is allowed to continue to increase his holdings of shares and return the position of the major shareholder of Wang An Computer Company to Wang Lie. It is precisely because of this verbal promise that Wang An agreed to Lin Qi's capital increase and shareholding.
And the problem with Shaw Brothers is ...... The rest of the Shaw family is busy with their own business and is not very interested in the promising film and television industry.
Therefore, the main obstacle is actually Uncle Shao himself.
But how to make Run Run Shaw change his mind, this is a problem that Lin Qi must consider, to get the old man who is no longer the goal of making money and profits, it is even more difficult than ascending to the sky.
In other words, he was a businessman and received a 300 million yuan takeover offer.
Well, most of the time it was a fart who agreed. With 300 million in cash, even if it is deposited in the bank, the interest is more than the profit of the Shaw Brothers cinema line. What's more, there are countless good businesses and good projects in the world that make money, but funds are always a valuable resource that is lacking!
But no matter how difficult it was, Lin Qi decided to do it, so that day he asked the secretary to inquire about the formation of Run Run Run Shaw the next day, if he wanted to have more contact with Run Run Shaw, he had to constantly create "chance encounters", otherwise where would they have the opportunity to get along.
The secretary lived up to expectations this time, saying that Run Run Shaw was going to make an appointment with a friend to eat hairy crabs the next day.
Lin Qi's face was full of black lines, what kind of hairy crabs to eat, Uncle Shao Liu is so old, can he eat this? That friend, is it really reliable?
……
Eating crabs was not what Run Run Shaw meant, but an invitation from the Japanese side.
Run Run Shaw was upset by the loss of assets of Shaw Brothers Film Company, and he was indeed ready to sell. However, the price of Hollywood companies in the United States and local companies in Hong Kong is too low, including theaters, film rights and other assets, and the offer of no more than 20 million US dollars makes him very unwilling.
It is precisely for this reason that Run Run Shaw recently contacted the representative of the Japanese side again, this time the representative of the Japanese investor, and invited Run Run Shaw to eat hairy crabs and discuss business by the way.
Lin Qi dealt a heavy blow to the Japanese TV manufacturing industry on CRT TV, but it did not affect the current situation in which Japanese capital is booming and buying and buying all over the world.
This is because Japan's excess capital, which is essentially the appreciation of the yen, and the influx of global hot money, has caused the prices of various assets to skyrocket, causing the paper wealth of Japanese companies to swell.
And many people of insight naturally saw the bubble of these paper wealth. In order to avoid the ups and downs of wealth on a roller coaster, many Japanese companies seek cheap assets overseas to hedge against the possibility that Japan's expensive assets may plummet in the future.
Because Japan has acquired so many assets around the world, that after the Japanese economy stagnated for 30 years, many Japanese companies continued to lose money, but they were still able to continue to maintain themselves by selling overseas assets. Although it is a joke that a first-class company sells a building, it also indirectly proves that the assets that Japanese companies buy all over the world during the boom period are indeed equivalent to buying insurance for the future. In times of recession, first-class enterprises can sell buildings every year, and enterprises that do not enter the stream want to sell buildings and do not have buildings to sell!
The Japanese man who negotiated with Shaw, Yuhi Aoyama, was a middle-aged man in his forties who represented Sony's newly formed audio-visual entertainment division.
Obviously, as strong as Sony, it has gradually realized that selling hardware products cannot last long. On the contrary, it is to make film and television, music, games and other content, which may be the way for Sony to get rid of its dependence on hardware products in the future.
In addition, the yen has even doubled in a few years, and a lot of capital in Japan knows that if you don't take the opportunity to buy and buy all over the world, you will be sorry for the appreciation of the yen.
Sony's appetite is relatively large, and there are countless targets for acquisitions. Therefore, the representatives who photographed Hong Kong's plan to buy Shaw Brothers Film Company are not so high in Sony, and they are only middle-level cadres.
However, because Sony is one of the world's top 500 companies, and the status of Shaw Brothers is even lower, even the middle-level cadre Yuri Aoyama is full of a sense of superiority, and deliberately invites an old man like Run Run Shaw who pays attention to health to eat unhealthy delicacies such as hairy crabs.