Volume 1 Chapter 322 Wenhua Hui (II)
Selling Meiya, this idea Li Guoxing never thought about. So as soon as he spoke, Li Guoxing categorically refused.
Meiya is the hard work he has worked hard for nearly 20 years, and in his mind, it is not for sale, and no one can touch the existence, how can it be sold to others. It is important to know that when Lei Juekun was ambitious to enter the Southeast Asian distribution market, in order to break the monopoly between Golden Harvest and Shaw Brothers, he once contacted Meiya, which was still under Golden Harvest and Shaw Brothers at that time, and even offered a sky-high price of 7.5 billion Taiwan dollars, which was almost difficult for him to refuse at that time
At the exchange rate of the Taiwan dollar against the Hong Kong dollar at that time, it was equivalent to almost 90 million Hong Kong dollars. It only takes two or three million Hong Kong dollars a year to buy out the distribution rights of a popular movie in Southeast Asia, which is indeed a sky-high acquisition. However, at that time, Li Guoxing, whose total assets were only forty or fifty million, could refuse, let alone now.
The words of refusal fell, Li Guoxing quickly reacted that his words were too rushed, his tone was slightly softened, and explained: "Lin Sheng, just as you were unwilling to sell Xinya at the beginning, it is impossible for me to sell Meiya to ......"
Lin Xiaozhi chuckled and shook his head, "Dong Li, I think you have misunderstood what I meant." I don't mean to buy Meiya, but Xinya, Meiya and Debao can indeed become a family. For example, the three of us merged
Hearing his clear answer that he would not acquire Meiya, Li Guoxing's face softened slightly, but when he finished speaking, Li Guoxing was stunned again: "Merge ......"
Isn't that the same as the acquisition of Meiya?
He came from the grassroots and did not receive professional management, so he is different from mergers and acquisitions.
Lin Xiaozhi smiled slightly, and had to explain carefully for him: "It is a merger of our three companies, and after calculating their shares, they will be merged into a large-scale comprehensive group with strong strength. Among them, Debao Company not only owns one of the four major film companies in Hong Kong, but also one of the largest cinema companies in Hong Kong. New Asia is also one of the biggest film giants in Hong Kong, and has the ability to shoot more than 20 films a year with Debao Films. Meiya is the largest videotape distributor in Hong Kong, and once the three of us merge, we will have both film shooting and projection capabilities and overseas distribution capabilities, and will surpass Golden Harvest to become the largest film conglomerate in Hong Kong and the whole of Asia. ”
"I know what you are afraid of, Dong Li, I might as well tell you clearly. After the merger of the three of us, the following companies will still be retained, and I will merge the Taiwanese cinema and Southeast Asian cinema resources owned by Turvo into Meiya to ensure Meiya's leading distribution position in Southeast Asia. At the same time, every year, all the films shot by Debao and New Asia will be distributed by Meiya ......"
In a blink of an eye, Lin Xiaozhi has been at the helm of New Asia for more than two years. When he first woke up, he also knew what kind of material he was, and he didn't take the time to make up for some knowledge of the company's operation and management, and this good habit persisted for two years, although it was as intermittent as his exercise, but he also learned a lot of things. For example, the plan to invite Meiya to merge with New Asia and Debao is one of the long-term development plans he began planning a few months ago
With Japan, South Korea, Hong Kong and Taiwan electronics and light industry gradually turned to the mainland and Southeast Asia, although not as good as the mainland, but the Southeast Asian economy will also be deeply benefited, the nickname of the Asian Four Little Tigers in the nineties is determined in this wave of industrial transfer. With the take-off of the economy, like the northern continent, the economy of Southeast Asia will be very strong in the next few years, and the development momentum will be only slightly worse than that of the mainland, and the annual economic growth rate will even be higher than that of the Asian tigers.
The Southeast Asian market can deliver more than one billion box office for Hong Kong films every year, and it has always been one of the largest foreign markets for Hong Kong films. In a short period of time, at least before the arrival of the financial turmoil, Lin Xiaozhi was still counting on foreign cities to provide him with a large number of dividends to support himself, after all, it is not possible to make a profit in a day or two to develop the genuine market in the mainland. Lin Xiaozhi has already begun to plan to enter the mainland, and is even prepared for this to not earn a penny in five to ten years.
Meiya is the largest publisher in Hong Kong, and although it has little to say in Japan and South Korea, it has distribution channels covering the whole of Southeast Asia. Li Guoxing regards Meiya as a treasure, and even if others want to buy shares and invest, he has to pick and choose, and he is unwilling to release more shares. In the past ten years, Li Guoxing has only pulled seven or eight partners into the shares, giving up more than 30% of the shares, and still firmly controls Meiya in his hands. When Lin Xiaozhi first thought about it, he realized that it would be difficult to talk to him about acquiring Meiya, especially since it is not a listed company.
However, although the newly acquired Debao Cinemas also has distribution channels in Southeast Asia, it is far inferior to Meiya. If you get rid of Meiya and her own singleness, it will not only waste time but also money, and it will not be cost-effective to look at it.
The benefits of the merger of the three are not only this, Lin Xiaozhi has other plans.
First of all, Meiya is also a giant in Hong Kong's genuine videotape distribution, with four factories in Kwun Tong and the New Territories in Kowloon that produce millions of videotapes per year, and has cooperated with nearly 1,000 shopping malls and videotape rental stores in Hong Kong, Macao, Taiwan and Southeast Asia. Once Meiya agrees to merge, it will also fill the gap in the distribution capacity of New Asia's genuine videotapes.
Secondly, Lin Xiaozhi has also begun to prepare for the listing plan. According to his own meaning, he was not going to consider going public so soon. However, with the rapid development of New Asia for more than two years, coupled with his consistent high-profile publicity measures of Lin Xiaozhi, while he himself has won the reputation of a sound manufacturing machine, it has also successfully made New Asia a star film company familiar to Hong Kong citizens, and countless people have long wanted to share the dividends of New Asia, which has good performance and high profitability. This includes not only many New Asia management and New Asia employees, but also Cai Songlin, Li Guoxing and others. Among them, Song Nianhui even told him that a senior executive of the Hong Kong Stock Exchange who he was familiar with had also asked New Asia whether it had any intention of going public in the past two years, and the purpose was self-evident.
After the stock market crash in '87, the Hong Kong Stock Exchange, as the only international exchange in the world to close for refuge, was greatly affected. Moreover, there were also cases of high-level corruption and bribery on the Hong Kong Stock Exchange, which intensified the distrust of Hong Kong enterprises and Hong Kong people in the Hong Kong Stock Exchange, causing many Hong Kong enterprises to choose to list in Taiwan, London and Tokyo, resulting in only six new companies listed on the Hong Kong Stock Exchange in the past two years, which is seriously inconsistent with the identity of its six major international financial centers.
Lin Xiaozhi himself is not opposed to going public, although he did not consider listing so early in the first place. But after Song Nianhui euphemistically conveyed to him the inquiry from the Hong Kong Stock Exchange, he also had some irrepressible thoughts. After the acquisition of Debao, he was thinking about making a huge gimmick to attract the attention of the whole Hong Kong, and then take the opportunity to go public and make a lot of money.
In the era of eyeball economy, it is really important to be able to publicize and hype, and Lin Xiaozhi has a deep understanding of this. Let's talk about the two most famous private entertainment groups in the mainland in the future, Huayi Brothers and Guangguang Media, Huayi Brothers was established in 94, and Guangguang was established in 98, the former has some strength, but the latter is really hard to say. But Lin Xiaozhi clearly remembers that in the ll year, Warner Bros. had a turnover of less than 900 million yuan and a net profit of less than 200 million yuan, but its market value exceeded 15 billion yuan; The rise of light is even more dependent on speculation, ll's annual revenue is less than 500 million, the net profit is barely 100 million, and the market value has exceeded more than 4 billion.
In the future, there will be more than 100 million shareholders in China, is there not a single smart person? It is not necessary to buy what is better than to sell fine, Huayi and Guangguang can publicize and dress themselves, so these two film companies that can't make much money a year, the stock market value is nearly 40 billion and more than 20 billion before he is reborn, and they make a lot of money by eating the money of shareholders.
Although he didn't understand stocks before he was reborn, as a person in the industry, he saw it very clearly. Who doesn't like money, Lin Xiaozhi also likes it. He didn't have this ability before, but now he has. Holding several film companies, and is about to reach the threshold of listing, it is natural to learn from 'seniors, and he can't say that he can also follow Huayi and Guangguang and become the first film group in Hong Kong with a market value of more than 10 billion.
The fame of New Asia is enough, not to mention that there is a celebrity like Lin Xiaozhi, and the listing of New Asia must be sought after, and the market value of one or two billion is easy. It's just that the listing and cashing out made 120 million yuan is not his pursuit, Lin Xiaozhi's ambition is very big.
Men have a dream, sleeping Li Jiaxin to be Li Jiacheng, he has already completed half of this dream, so he is more eager for the remaining half.
After acquiring Debao Films and Debao Cinemas, he wanted to play big, so he looked at other companies, and the Hong Kong film distribution giant Meiya, which has cooperated with New Asia for two years, has become one of Lin Xiaozhi's targets
The combination of the upstart in the film industry plus the old three giants plus one of the four major distributors, plus the Hong Kong distribution giants, this gimmick is enough