Chapter 936: Stock Price
The next day, the ceremony of Jinhe Electronics Company's acquisition of Yongsheng Group was officially held.
Han Jin acquired himself by himself, and the acquisition plan of 4 billion Hong Kong dollars was proposed, and all shareholders did not disagree.
Han Jin's move is equivalent to giving them 250 million Hong Kong dollars, how can they not be happy.
"Jin Shao, with you as the chairman of the company, we small shareholders will have a good life." At the shareholders' meeting, the minority shareholders said excitedly.
Who in Hong Kong doesn't know that Han Jin is an expert in management, and three years after his debut, he has developed from a penniless poor boy to a huge rich man worth more than 10 billion. The process of making a fortune is even more superhuman than Li Chaoman, and following him is really earned. Many minority shareholders have already made up their minds to keep their shares until death and pass them on to their children and grandchildren.
After the general meeting of shareholders, the signing ceremony was officially held.
Han Jin personally borrowed 4 billion Hong Kong dollars to Jinhe Electronics Company, the interest rate is the same as the bank's current interest rate, and then he used the money to buy Yongsheng Entertainment Company in his hands.
Left hand to right hand, 4 billion Hong Kong dollars basically did not move, but Jinhe Electronics Company has 5 billion Hong Kong dollars more assets, and at the same time bears Han Jin's debt of 4 billion Hong Kong dollars, but all in all, it is still earned.
Han Jin not only became the chairman of Jinhe Electronics Company, but also became its largest creditor, with interest of more than 20 million yuan per month, without any loss.
The Jinhe Electronics Company acquired the Yongsheng Group with a market value of 5 billion Hong Kong dollars at a price of 4 billion Hong Kong dollars, and after the good news came out, the share price of Jinhe Electronics immediately soared from 2 yuan to 20 yuan, a full 10-fold increase.
At present, Jinhe Electronics has issued a total of 130 million shares, so the current market value is 2.6 billion Hong Kong dollars. HK$1.8 billion higher than the net worth of HK$800 million. In one day, Han Jin's has earned 1.35 billion Hong Kong dollars, which is really more profitable than robbing a bank.
And thanks to him. The minority shareholders also made a lot of money this time. The share price of Jinhe Electronics has risen from five cents at the lowest time to 20 yuan now, a total of 40 times, and many small shareholders have made more money.
Among them, the small shareholder who made the most money was Xu Ruhai, the leading boss of Heshenghe, who had quietly absorbed 20 million shares before Han Jin acquired Jinhe Electronics. Now the stock price has multiplied forty times. He earned nearly 800 million Hong Kong dollars, which really made the old man happy.
"No wonder Ah Jin said that going public is more profitable than making movies, and that's true." Xu Ruhai laughed and said, he invested in Han Jin to open Yongsheng before, and earned one billion Hong Kong dollars in three years, which was already very remarkable. But now in less than half a year, 10 million Hong Kong dollars has become 800 million Hong Kong dollars, which is really faster than grabbing money.
"Dad, this is just the beginning. When I announce a few more good news, our stock price will soar again. Han Jin smiled, "At that time, it will be the real gold absorption." ”
Han Jin now has several pieces of good news in his hands, such as Yongsheng Group's films have been well received in the mainland, and "Why Have Me" has achieved a box office of 150 million yuan, and has successfully opened the way for Hong Kong films to the mainland.
In the future, as long as the films produced by the Yongsheng Group can pass the review. can be released in the mainland. The number is temporarily limited to twenty, which is enough for Yongsheng.
The film market in the mainland is still relatively healthy. Although ticket prices are cheap, people are still willing to buy tickets to enter the theater. Unlike a few years later, piracy was rampant, and they all bought VCDs and went home to see them.
And now the mainland film market is still very large, 20 films, if each film can achieve a box office of more than 50 million Hong Kong dollars. That adds up to a billion Hong Kong dollars. For Yongsheng Group, which has always achieved high box office, this box office is considered high, let alone for other film companies.
And more importantly, the smooth release of Hong Kong films in the mainland can also stimulate other Hong Kong film companies to move closer to the mainland. Merchants are profit-seeking. Wherever you make more money, you can go.
During the period from the late 80s to the 90s, before Hong Kong's return to the motherland, there were many disgusting mainland movies, such as "Cousin, Hello! series, "Domestic Lingling Paint", "Provincial and Hong Kong Flag Soldiers" series and so on.
In addition to the fear of Hong Kong people about the return, the main reason is to cater to the psychology of Taiwanese audiences, hoping to achieve a high box office in Taiwan.
However, once they get close to the mainland, this kind of film will naturally decrease. And the reduction of such films that undermine the relationship between the two places will also make the mainland more willing to accept Hong Kong films, which is a very good virtuous circle.
And because of Han Jin's connections and connections in the mainland, if these film companies want to enter the mainland, they must ask Yongsheng to act as an agent for distribution. Then Yongsheng Group's position as the hegemon of Hong Kong entertainment is even more stable.
Once such good news is issued, the company's stock price really can't go up.
There is also the Blockbuster video rental chain that Han Jin is now running in the United States, once it becomes large-scale, then he can distribute the films produced by Yongsheng Group to the United States. When the time comes, there will be no need to borrow American distribution companies, and they will not be allowed to take advantage of them in vain.
Previously, "The Sky Stealing Project" starring Han Jin, Zhong Chuhong and Zeta Jones was released by Miramax Company in the United States, and the release price was only $500,000 at the minimum. But I heard that Miramax borrowed this movie and made a full 50 million dollars.
Such a big profit was all snatched away by this publisher, but Han Jin had nothing to do. Who let Hong Kong films not have their own distribution channels, and if they are distributed with the help of other people's distribution channels, they will naturally be subject to the control of others.
But this fate of exploitation will be gone forever when Blockbuster's leasing network is built. At that time, Han Jin has the means to make Hong Kong movies the first choice for American audiences.
Once this good news is announced, Han Jin estimates that it is not uncommon for the company's stock price to soar to 100 Hong Kong dollars.
In addition to these, he himself is also a maker of good news, he will come back to film for a while, and win an award for filming, as long as there is attention, it is good news.
Xu Ruhai couldn't help but laugh happily when he saw Han Jin being so sure.
"Okay, okay, okay, I'll rely on you in the future." He laughed out loud.
……
After Jinhe Electronics acquired Yongsheng Group, Han Jin applied to the Stock Exchange for a name change, officially changing the name of the stock from "Jinhe Electronics" to "Yongsheng Group".
At the same time, the first piece of good news was released, and the three films of the Yongsheng Group, "Why Me", "The Unheard Talk" and "The Magic Jade", achieved a total of HK$265 million at the box office in the mainland. In addition, the mainland has opened the market to Hong Kong films to a limited extent, and it is limited to the distribution of Yongsheng Company.
After this news was announced, the share price of Yongsheng Group rose from 20 yuan to 30 yuan on the same day, and the market value increased by 1.5 times. (To be continued......)