223. Insolvent ATV

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Not long after Yang Shoucheng left, some bosses came up to talk to Chen Hui intermittently, asking Chen Hui for business cards, or introducing his company, and wanted Chen Hui to invest or inject capital.

Time also passed quickly, and seeing that the reception was about to end, Chen Hui whispered to Lan Yan

"Let's go,"

Tonight, Chen Hui is going to eat Lan Yan in the Grand Hyatt Hotel, Lan Yan is in very good shape, Chen Hui was a little evil on the dance floor just now, he has been enduring it, and he is going to vent on her fiercely, Chen Hui decided that she will not be able to get out of bed tomorrow.

"Well, where are you going?" Lan Yan asked, her expression a little dazed.

Tonight, she knew that she was going to sleep with the new boss in front of her, and she felt a little uncomfortable and a little looking forward to it at the moment.

In the past, many bigwigs wanted to sleep with her and want to support her, but she never agreed, she didn't want to be given unspoken rules by those old men with families and old perverts, she has always been clean and self-conscious, but I didn't expect that tonight I would finally fall and accept such unspoken rules. Accept such a fate,

"Just come with me, why do you ask so much!" Chen Hui took Lan Yan's hand and left

Lan Yan lowered her head and didn't say anything, feeling that Chen Hui didn't respect her much, and couldn't help but feel a little aggrieved.

Lan Yan sighed in her heart, "What should come will still come, fate is like this, maybe the moment I stepped into the entertainment industry, I decided, but this day came relatively late"

At this time, a voice came

"Mr. Chen, please stay, please stay!"

Chen Hui turned around and saw a middle-aged man and hurriedly walked over.

This middle-aged man, Chen Hui, knew that he was ATV's largest shareholder, Wang 'Zheng'. From the mainland, he has always been the manager and controller of ATV secretly.

When Chen Hui first came to Hong Kong, he ordered someone to contact him and wanted to make an appointment with him to talk about ATV's acquisition, but there has been no news of him.

"What is this gentleman looking for me?" Chen Hui asked.

Seeing that Wang Zheng was a little impatient, Chen Hui was a little puzzled, "Could it be that Wang Zheng only came to the cocktail party now?"

"Mr. Chen, I just came to Hong Kong yesterday, because I was too busy with things, and I only came so late tonight.

Wang Zheng knew that the young man was interested in ATV and wanted to buy ATV.

Now he is fighting with the indigenous shareholders in Hong Kong at ATV, and this year is the fiercest year for them, and today ATV has lost a lot of money, and now ATV's employees can't afford to pay their salaries. Many have left jobs or gone north to pan for gold.

Wang Zheng sought investors to inject capital into ATV, but the effect was not ideal.

When he heard that a young rich man was interested in ATV and wanted to talk to him, he was overjoyed, and the feeling was that 'there is nowhere to find it in the iron shoes, and it takes no effort to get it'. He has also lost a lot of money in ATV over the years, and now ATV is on the verge of bankruptcy and may be liquidated at any time.

"Oh, Mr. Wang, let's find a place to talk, it's not convenient here, let's talk in my room!" Chen Hui said, pointing upstairs.

"Yes, Mr. Chen, please!" Wang Zhengse said.

Wang Zheng felt that he didn't run in vain tonight, it seems that there was a drama tonight.

After a while, I came to the luxurious presidential suite.

"Lan Yan, go and pour us two cups of tea, I want to have a good discussion with Mr. Wang!" Chen Hui said to Lan Yan,

For a woman like Lan Yan, Chen Hui doesn't have any feelings, he just wants to play with female stars and satisfy his bad taste. While making her popular and making money for herself, she also needs to satisfy herself under her 'crotch', and she will have to give birth to herself one day in the future.

Chen Hui didn't feel that there was anything wrong, everyone just took what they needed, and there was no need to bring any feelings into it at present.

It is very normal for people to be greedy for money, lustful, greedy for life and afraid of death, and pursue fame and fortune.

Chen Hui has never slept with female stars, so he naturally longs to sleep with some female stars, watching them on TV, movies, variety shows all kinds of coquettishness, all kinds of seductiveness, all kinds of teasing, all kinds of performances, all kinds of chasing sticks, can sleep with these women, naturally I can get a strong sense of vanity in my heart, thousands of men want to sleep with her, she is the object of millions of men's meaning 'silver', the goddess of dreams.

But she took the initiative to obediently climb into her bed, in order to realize her much-anticipated vanity.

Sleeping female stars are very able to satisfy men's vanity, and Chen Hui wants this kind of vanity.

After Lan Yan heard Chen Hui's words, she also obediently went to pour tea for Chen Hui and Wang Zheng.

Chen Hui chatted slowly with Wang Zheng, and after getting to the point, Lan Yan poured tea for the two of them and sat quietly beside Chen Hui.

"Mr. Wang, how much do you think ATV can sell for now?" Chen Hui asked with a smile, picked up the teacup, and took a sip gently.

Chen Hui is hinting to Wang Zheng, I know that your ATV is about to fail, and bankruptcy and liquidation are a matter of time.

"Then Mr. Chen, how much do you think the 52% stake in my hand is worth?" Wang Zheng asked rhetorically, also holding the teacup and taking a sip.

It also implies that Chen Hui is the largest shareholder of ATV, even if you buy all the shares of other shareholders of ATV, it is useless, and you are the real owner of ATV.

"Mr. Wang, as far as I know, Asia Television has been in a poor financial situation in recent years, following the rumors of zero basic salary and "selling" of artists, and in October this year, it was in arrears of employees' wages, and two days ago, ATV's shareholder Cai Yanming revealed in the Hong Kong court that ATV's net loss last year amounted to 200 million Hong Kong dollars, and I also know that ATV owes you 800 million Hong Kong dollars. Chen Hui said frankly that he had already collected ATV's information.

Even though Wang Zheng is the largest shareholder of ATV, he is also the largest creditor of ATV. The money that ATV owes to all investors is the king of the longs.

"Hehe, Mr. Chen didn't expect to know so much about ATV! Now I'm looking for investors to inject capital!" Wang Zheng said.

"Mr. Wang, with all due respect, ATV is just a quagmire, you will lose more and more, Hong Kong's local shareholders have been fighting with you for many years, and it is only a matter of time before ATV is finished. Chen Hui said frankly

"Mr. Chen, we will reach an agreement soon, ATV's situation will not be as bad as Mr. Chen said!" Wang Zheng said with a smile.

"Mr. Wang, now that Hong Kong's relative status has declined and its cultural influence has shrunk, ATV originally shared the Chinese market equally with TVB, but now it has to fight hand-to-hand with TVB in this small bathtub in Hong Kong. In the past, the cake was large, and the proportion of the share eaten was small, and the absolute quantity was also quite large. Now that the cake is small, it is difficult for ATV to continue to develop if there are still so many of them! Moreover, ATV's talent echelon loss is also very serious, so I don't need to say this," Chen Hui said

"Mr. Chen, please continue" Wang Zheng nodded at what Chen Hui said

With all due respect, Mr. Wang might as well get rid of this mess as soon as possible, because you can't privatize ATV as your own company, so there will always be only fighting in it, and the local shareholders in Hong Kong have been consuming you, knowing that the day ATV collapsed, now ATV's foundation is also ruined!" Chen Hui analyzed

"Please continue," Wang Zheng continued

"And now with the poor financial situation, and the Hong Kong Communications Authority has made a preliminary proposal for the renewal of ATV's license in September this year, in view of ATV's unsatisfactory performance, it will recommend to the Hong Kong government not to renew the license, and now ATV is facing the possibility of liquidation at any time.

Moreover, ATV's net debt reached 860 million yuan, which has long been unable to make ends meet. The entire ATV loses money every year, not to mention paying the interest, there are more and more holes in this fund, and it is useless to burn money in it! When the time comes, ATV owes you no money at all, and you will lose all your money," Chen Hui said

"Mr. Chen is really powerful, and he has analyzed it so thoroughly! Wang admires it! To be honest, I do have the idea of selling ATV, but I can't find a buyer, so I can only ask ATV to seek a loan!" Wang Zheng said

"Mr. Wang, I'll just say it bluntly, all I fancy is ATV's free license, and there are some resources, I want to set up my own entertainment group, ATV will be used in many places, Mr. Wang can sell me all the ATV shares in your hand at a price!" Chen Hui said frankly

Wang Zheng thought about it carefully and said: "Mr. Chen, if you buy ATV, it means that all ATV's debts will have to be repaid by you!"

Chen Hui said lightly: "Mr. Wang, I know this, ATV has a debt of 1 billion Hong Kong dollars! Now if ATV has no capital investment, it will have to go out of business immediately, the fate of liquidation, and you have not paid wages to employees for a long time!"

Wang Zheng sighed and said, "That's true, the situation of ATV is very chaotic now!"

Tsai Yan-ming, chairman of Taiwan's Want Want Group, which has now invested in ATV, asked the Hong Kong High Court to appoint an independent supervisor to the ATV's board of directors to control the management chaos, and ordered the major shareholder Huang Bingjun to sell ATV's shares, after the case was heard in Hong Kong's High Court for two consecutive days.

Moreover, the Hong Kong Communications Authority sent a letter to ATV in September this year, pointing out that ATV's overall performance was deteriorating, and it was doubtful that ATV could improve, so it planned to recommend that the Hong Kong government not renew ATV's license, which has a net loss of HK $378 million this year and a net debt of HK $1.09 billion.

ATV's financial and management aspects are also the focus of attention of the Hong Kong Communications Authority, and after ATV's executive director Lei Jingbin criticized himself for interfering with ATV, he removed him from his post, and he was ready to continue to intervene in ATV and borrow money to ensure that ATV could fulfill its investment commitments to the Hong Kong CA.

"Mr. Wang, has ATV paid his salary this month?" Chen Hui asked with a smile, now ATV has not paid wages for several months, Wang Zheng has temporarily stopped injecting capital into ATV, and ATV's shareholders are fighting endlessly, and finally it seems that another shareholder, Huang Bingjun, agreed to loan 25 million Hong Kong dollars to ATV, so that ATV can temporarily maintain it.