In November 2012, the small partner translation company set up a number of translation bases around the world. Pen, fun, pavilion www. biquge。 info

The translation base looks for excellent local publishing editors and senior translators to be the head of the center, and then solicits manuscripts from some qualified translators in the form of contracts. Therefore, the partner claims to have tens of thousands of translators, most of whom are divided into mechanisms, and they will only pay if they have a list to do. The real staff of the translation company will not exceed 500.

Of course, the major branches of the small partner International Literary and Art Translation Company are all located in developed countries, and the office cost is relatively high, and the highest cost is rent. Therefore, before the branch opened, it had spent a huge amount of money to buy office space. It is better to pay more advanced at one time than to take a rental. In Japan, the United States, the United Kingdom, France, Germany, South Korea and other countries, the small partner company spent 400 million US dollars to buy a house.

The remaining $100 million is the real money for the translation business. After all, the translation business does not require any equipment and plants, and the main thing is nothing more than labor costs, and the cost is not too much. What's more, even if you lose money at the beginning after spending it, you will still have business income. These businesses, even if they lose money, but if you want to lose all 100 million US dollars, I am afraid it will take several years of hard work.

If 2 billion Chinese works can be translated into overseas languages every year, then losing 100 million US dollars in five years in exchange for 10 billion words being translated into foreign languages for publication and distribution is a very worthwhile investment.

Based on an average of 3 million novels, more than 3,000 novels can be translated at that time. Basically, all of the most popular works in the Chinese market can be translated into foreign languages and published in the global market.

Even if there is not as popular as "Harry Potter", as long as there is a batch of works that sell more than one million copies, it can greatly enhance the influence of Chinese novels in the global market.

After making a lot of investments and spilling some of the funds, the partner company continued to issue bonds in the global market. A total of $1.5 billion of euro bonds and yen bonds were issued.

On the one hand, non-dollar currencies such as the yen and the euro will depreciate in the future. The exchange rate of the renminbi and the US dollar is roughly in sync. It is stronger than currencies such as the yen and the euro.

Not only the yen, the euro and other non-US currencies will adopt aggressive water release policies in the future, resulting in the depreciation of the exchange rate. On top of that, interest rates in these regions are also very low – the eurozone has now entered a phase of negative interest rates, and the yen is close to zero. It will soon also enter the phase of negative interest rates.

Europe and Japan, even if they have entered low or even negative interest rates, the interest rates on loans are naturally very low. Partner companies can easily obtain business loans of less than 2% in euros and yen.

These loans, even if you don't have to do anything, after borrowing. Lying on the bank account, repaying the loan in a few years, in addition to deducting the interest, you can still make money!

These earnings, since they are the profits caused by currency depreciation and foreign exchange. Suppose that if you bank or invest a loan in a market with low interest rates or even depreciation in a region with a high interest rate currency appreciation, you will not only earn an annual interest rate differential in the future, but also the currency depreciation of the loan. The scale of profit is even larger.

In general, Wang Qinian knows this layout, and in the next few years, the money earned on the exchange rate alone can hedge the potential loss of investment losses.

In the next few years, Wang Qinian will use this strategy more presciently, and accumulate more solid capital for small partner companies before his foresight fails.

At present, the scale of the partner company is already very large. But Wang Qinian feels that after getting rid of liabilities, there are not many hard assets. To do so, pay off all debts. Deduct all investments in real estate. The asset scale of other industries can really rank among the top in the world, so that Wang Qinian can rest assured.

……

At present, Xiaoyou is still a thriving empire, and many branches of Xiaoyou around the world are full of the spirit of expanding their territory.

This kind of sharpness makes people who are really enterprising. Got the best stage. People who want to make a mess of life don't seem to find value in their partner companies.

Of course, some of the old employees of the small partner have the credit in the past, but many people are not at work with their minds, and the small partner company has also adjusted its strategy and made them partners of the company. It's not just partners who hold equity in the company and receive dividends.

Moreover, the small partner company gives these old employees a lot of investment opportunities, after all, the old employees have a lot of money, and then let them be ordinary employees, most people feel unwilling, not to mention, with the loss of some people's spirit, the overlord position is not suitable.

For example, Hao Yi, the founder of the company, is currently a partner, using the funds on hand to participate in the projects of small partner companies.

In this way, as an investor, he does not have to be completely covered by Wang Qinian's aura. At the same time, he can do some of the things he wants to do.

"Brother Nian, I recently talked to Wang Zheng about the business of the TV station, he invested in Hong Kong's ATV a few years ago, and it didn't cost much money to buy shares and become a major shareholder. However, after becoming a major shareholder, he continued to lend money to Asia Television Station, and after constantly burning money, not only did his equity value depreciate and become even more worthless, even if Asia Television went bankrupt and liquidated, it is estimated that he would not be able to repay the debt of 1 billion yuan that he borrowed from ATV! Hao Yi said with interest.

"How?" Wang Qinian was stunned.

"I want to buy ATV!" Hao Yi said ambitiously.

"......" Wang Qinian didn't want to say, but he couldn't help but say, "Who do you think has made money from the previous major shareholders of Asia Television?" ”

Qiu Degen, Lin Baixin, Chen Yongqi, Cai Yanming, Zha Maosheng, Wang Zheng...... The successive bosses of ATV have been ambitious and trying to create a top TV outlet in Asia. However, each of them lost hundreds of millions of yuan, and most of them threw billions of yuan into this bottomless pit, and in the end, they all lost their money and looked for the next home to take over at a lower price.

In fact, not to mention the hot potato of Asia Television, basically every boss has not been able to get any benefits in this company.

Even TVB is now in decline, although TVB is still profitable. However, the dramas it produces are becoming more and more difficult to sell, and even the dramas released by themselves have become more and more Korean dramas and the gathering introduced from the mainland.

TVB's popular stars all use TVB as a springboard, and after the contract expires, many people who have the courage to go to the mainland to take over the drama. After all, the value of mainland filming for celebrities is at least several times to dozens of times higher than that of Hong Kong, even if the salary is high, it is easier to make money in mainland filming, and the works filmed are not worried about not being able to sell at a good price.

If you have a hole in your brain, you will want to invest in a TV station in Hong Kong, and even if you invest in a TV station, shouldn't you invest in a big TV broadcasting (TVB) company? If the market has prospects, the boss will definitely be moisturized. If the overall market is irretrievably decayed, and the boss is unsatisfactory, the other younger brothers may have to go bankrupt.

"Well, I don't think their investment strategy is right!" Hao Yi said, "Some of them have not succeeded in gaining market share in overseas and mainland markets due to market restrictions. Some are because of problems with investment strategies, just want to rely on the transformation of traditional TV business, but I didn't expect that the transformation is mainly based on the Internet! Moreover, since Hong Kong's TV station market is already a chicken rib, what is the biggest resource of a TV station when it jumps away from the chicken ribs of a TV station? Naturally, those employees, producers, actors, and so on. The salaries of ordinary positions in Hong Kong may be more expensive than those in the mainland, but the salaries of hosts, producers, directors, screenwriters, actors and other professionals are even cheaper than those in the mainland! You see, many people in Hong Kong's entertainment industry are now going to the mainland to eat together. But more importantly, they do not have the ability or courage to go to the interior and start developing again. By acquiring an ATV, I can get cheap programs and film and television production teams, and then, more than 700 ATV staff, if they stimulate their morale and creativity, do a good job of the program, and transform to the Internet platform to supply programs, there is still a lot of hope to make money! ”

"Okay!" Wang Qinian thought for a while and said, "If you really want to invest in ATV, I don't object to it, anyway, you are investing with your own money." After buying it, "I Have a Date with a Zombie" was sold to a friend. The copyright of this series gives you 300 million! ”

"No problem!" Hao Yi nodded in agreement, "I Have a Date with a Zombie", a classic ATV drama, was regarded as a work to save ATV. However, it still did not save ATV year after year.

This copyright is not of much value to stay in ATV, and it is sold to a small partner company, and the abundant resources of the small partner can make it revitalize. In addition, the copyright transfer agreement of 300 million yuan has been reached, which can at least ensure that ATV's performance will not lose in one year! (To be continued.) )