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At the beginning of January 2006, the company also held an annual meeting. Pen, fun, pavilion www. biquge。 info

In the past year, the assets of the small partner company exceeded 13 billion yuan, the net assets exceeded 6.7 billion, and the net profit also hit a new high of 2.7 billion yuan.

At the same time, the company's workforce began to exceed 5,000. That's not counting its contracted writers, online singers, cartoonists, and so on.

If the collaborators who signed contracts for these works are also included, there are more than 10,000 people who make a living by relying on the system of small partner companies.

The number of practitioners related to the industrial chain under the business ecology of the small partner company can exceed 100,000. It can be seen that the pattern of small partner companies is gradually getting bigger and bigger.

The huge pattern is composed of a product matrix and a platform matrix!

Games, movies, animation, comics, books, music, advertising, economy, peripheral business, these are all product matrices.

Cinemas, shopping malls, platform websites, instant messaging software, pass accounts, small partner wallets, etc., have built a platform matrix.

Of course, the company's corporate finance is also quite successful, and Wang Qinian's investment in the capital market also contributed hundreds of millions of yuan in profits to the company last year. The scale of stock assets held by small partner companies has gradually reached more than 1 billion yuan. These assets are generated by the appreciation of early investments, and the small partner companies have not ≡ made additional investments in the securities market so far.

However, at present, the rapid profit growth of the small partner company makes the company's employees more optimistic. It can't be said that an optimistic mindset is wrong, but over-optimism tends to ignore risks.

In particular, some old employees hold shares of small partner companies. The net asset value has increased dozens of times, and it is inevitable that the spring breeze will be proud. As for new employees, they are also quite enthusiastic about the stocks of smaller partner companies that are becoming more and more expensive.

After all, the employees of the small partner company are invested according to the net assets of the current period.

"The little partner company of the future. The growth will not be so fast! I hope that in the next ten years, the partner company will maintain an annual growth of 50%, which is fast enough! 50% growth in 10 years, and in another 10 years, for example, in 2015, our goal can be reduced to 20% growth, and if there is 20% growth in the long term, then we can outperform Warren Buffett! Wang Qinian said. No matter how fast we grow, we will become bloated bureaucratic enterprises like IBM and Microsoft! So, my next step is that I want the company to be streamlined. Employees who have entrepreneurial ideas can apply to take charge of their own business and go outside the company system to start a business! Our partner company acts as your angel investor, advisor and partner! ”

"If you succeed in starting a business, you can be your own boss! If the business fails, the partner company will continue to accept you. Keep your previous salary, but you'll have to start from scratch like a new hire. ”

"In addition. We must better learn capital mergers and acquisitions, not to buy expensive, but to buy what we need! Because, if we don't buy it, we may be bought by competitors! After the capital merger and acquisition, we directly dispatch managers to take over the enterprises. In some companies, we don't have a manager, we just act as a shareholder who doesn't do anything. It's best to be similar to Warren Buffett's investment model, as long as the other party is trustworthy, we can not send anyone. We will not interfere in any way in the operation of the other party's business. ”

The meeting was obviously boring.

However, after the meeting, the partner company began to take action - Yu Dong was sent to Hong Kong to talk about feelings with Zou Wenhuai!

Why?

Because, the little partner company wants to buy Golden Harvest Entertainment Company!

If the partner company does not do this, Golden Harvest Entertainment will soon be acquired by Orange Sky Entertainment Company! In order to avoid being acquired by competitors, the small partner company had to acquire Golden Harvest!

In the past, it was impossible for Zou Wenhuai to sell Golden Harvest, but he is old, and in addition, the Hong Kong film industry has been in a recession for a long time, and the stocks of listed companies have not improved.

Golden Harvest, which was listed on the Hong Kong Stock Exchange in 94, had a share price of HK$2 per share and a total market capitalization of more than HK$240 million.

But after ten years of listing, Golden Harvest's share price and market value have not increased, but have fallen sharply! At present, the share price of Golden Harvest Entertainment Company has fallen to less than HK$0.2 per share, and if Golden Harvest can be bought in its entirety according to the current market value, then ...... It only takes less than 24 million yuan to buy Golden Harvest!

It's so cheap that just an investment in a movie can buy the former movie overlord! However, the cash on the books of Golden Harvest Company is more than 50 million. In terms of asset size, Golden Harvest is worth at least 500 million yuan!

This is still because Golden Harvest is more honest and does not learn from some cunning companies, and counts goodwill as assets in the financial report.

Although it is said that Golden Harvest is in the twilight, the former set has expired, because the funds are not enough, so it has not been able to renew the contract or buy a new studio.

In addition, Hong Kong movies are sluggish, Golden Harvest has closed cinemas continuously, and there are currently only 7 cinemas left in Hong Kong. So much so that Golden Harvest's influence in Hong Kong's film box office market is even less than its influence in the Taiwan and Singapore markets.

A few years ago, Media Asia's boss Lin Jianyue tried to collect cheap Golden Harvest shares in the capital market in order to complete the merger of Golden Harvest and dominate the Hong Kong film market.

However, Zou Wenhuai at that time was categorically unacceptable to be bullied by junior characters. Therefore, it was regarded as a hostile takeover, and then, Zou Wenhuai approached Li Ka-shing, who bought a 17% stake in Golden Harvest.

Although the equity in Zou Wenhuai's hands has been reduced to 24%, it is cash, and once the other party does not stop maliciously increasing its holdings. Zou Wenhuai launched a low-price additional issuance, using the cash on hand to issue new shares at a lower price than the market stock price.

Then, Boss Lin of Media Asia was a little regretful and retreated. Because, Zou Wenhuai has brought Li Ka-shing, the biggest rich man in Hong Kong, to be an ally, and no matter how rich Boss Lin is, he is nothing compared to Li Ka-shing.

Back then, in Zou Wenhuai's eyes, Golden Harvest was not for sale. But at this moment and then, the price of Golden Harvest's stock fell by 90%, and retail investors who held more than 45% of the shares in the market were abusing Zou Wenhuai all day long.

In addition, Zou Wenhuai also has no energy and eyesight, and continues to lead the Golden Harvest Film Company that is stuck in the quagmire to regain its vitality.

Therefore, he has already retreated, the only problem is that the company he took over, on the one hand, must give him a satisfactory price.

According to the current market value of Golden Harvest, Zou Wenhuai would rather go bankrupt and liquidate than sell. After all, no matter how bad Golden Harvest is, the cash in its hands alone will exceed 50 million Hong Kong dollars. In addition, if you sell the cinema chain in Hong Kong and Singapore, you will sell the shares of Taiwan's second largest cinema company. and the sale of the rights to hundreds of old films in the hands of Golden Harvest Film Company......

Then, after all the assets are sold, Golden Harvest can also sell five or six hundred million.

Of course, Zou Wenhuai naturally didn't want to do this, after all, he was the founder of Golden Harvest, and he didn't want Golden Harvest to be ruined in his own hands.

In addition, it is the company that he took over, which is pleasing to his eyes.

For example, if Boss Zou doesn't like people, even if Lin Jianyue can offer a price that he is satisfied with, he will not be able to sell it! (To be continued.) )

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