Finally solved Yu Pinhai, Ming Pao Newspaper, a newspaper group that can definitely rank among the top five in Hong Kong, also fell into his hands, Lin Xiaozhi can be said to be complacent, and most of the grievances and depression in his heart have finally come out.

has arrived at this field, and there are really not many options left for Yu Pinhai. There is no doubt that Lin Xiaozhi's 'reconciliation' conditions are harsh, but Yu Pinhai now owes a lot of debts, and the debt collectors are about to kick his door to the door, where does he still have the right to choose at this time, although Lin Xiaozhi's selection is harsh, but he agrees to all cash transactions, which is undoubtedly what Yu Pinhai needs most now.

Yu Pinhai's movements were fast, and he seemed to be more eager than him. Only a day later, he dialed Lin Xiaozhi's phone again and told him that he had prepared the equity transfer agreement. After Sima Jie and several legal advisers checked that there were no problems with the agreement, the two parties quickly signed the equity transfer agreement under the notarization of a law firm, and Lin Xiaozhi agreed to 1. HK$900 million in cash was transferred to Yu Pinhai's bank account.

After more than a month of absorption, Lin Xiaozhi and they have absorbed more than 23% of the shares from the circulation market, and they have obtained 35 shares in Yu Pinhai's hands. After 8% of Ming Pao's shares, he has completed a controlling stake in the Hong Kong-listed media giant, although he has paid more than 300 million Hong Kong dollars for it, which seems to be a higher price. But don't forget that he also pulled out his teeth and snatched Hong Kong's first Internet Service Provider (ISP) HKNET from Yu Pinhai, who had been driven out of his corner.

In less than 10 days, we will enter 1992, and although the Internet in Hong Kong is still only a distant and unfamiliar topic, in the United States, Canada and even Europe, thousands of miles away, various standard frameworks for the Internet industry have been basically formulated, and an era of network economy is coming. As China's most important financial center city in the next decade, once there is a breakthrough in the development of the Internet in Europe and the United States, Hong Kong will immediately follow suit in terms of basic Internet service facilities.

This is also a place that Lin Xiaozhi admires in Pinhai, because the HKNET company he established is such a company, and in layman's terms, it is probably equivalent to the future 'China World Wide Web' and China Telecom's collection. Even if it is only a telecommunications technology provider in Hong Kong in the future, it is enough to make this company extremely dazzling. This is also the reason why, after carefully inquiring about the industry under the name of Pinhai, he is not interested in another Philippine listed company under his name. Such an infinitely bright enterprise, even if he doesn't know how to do it, he will leave it to his family to run it well, and after a few years or more than ten years, it may not be able to become another pillar of the Lin family's wealth.

After completing the control of Ming Pao, he quickly submitted the information on the change of equity information to the Hong Kong Stock Exchange, and by the way, re-applied for a one-day suspension. Although the Hong Kong Stock Exchange was surprised, it was also happy to sell him a face, and soon agreed to Ming Pao's application for suspension. As the two major shareholders of Ming Pao, Jin Yong and Shen Baoxin quickly got the news from the Hong Kong Stock Exchange, and they were all surprised, Rao was very optimistic about Jin Yong in Pinhai before, and he didn't expect that the 'successor' he chose for himself would lose so quickly and lose to Lin Xiaozhi.

"I believe that the two of you already know the truth, that's right, just two days ago, I reached a settlement agreement with Yu Sheng, officially acquired his shares in Mingbao, and completed the controlling stake in Mingbao!"

What followed was Lin Xiaozhi's visit, but unfortunately it was not good. Obviously, Lin Xiaozhi was very tough and put forward a three-choice plan for Jin and Shen to refuse to sell their shares to themselves before, and they were dissatisfied with Yu Pinhai's ass several times: "Ming Pao is a listed company after all, and since I have completed the acquisition, I have to start thinking from Ming Pao's position, so the chaotic market order must be restored as soon as possible." In this regard, I have three proposals, first: reissue 100 million new shares of Ming Pao shares, equivalent to about 30% of the current total shares of Ming Pao, and each of the three companies can subscribe for a maximum of 10 million shares for market circulation; Second, at present, Ming Pao's shares are divided into two, and the stock price is cut in half, and at the same time, the three of us will release shares equivalent to 30% of Ming Pao's total shares to the market in the next three months according to the ratio of 6:3:1 to maintain the market's confidence in Ming Pao! Of course, the two of you also have the right to refuse, as long as you nod your head, I will immediately apply to the Hong Kong Stock Exchange for Ming Pao delisting! ”

He said that there were three proposals, but in fact he only gave two options. Because Jin Yong and Shen Baoxin's wealth was obtained after Ming Pao was listed, it was impossible for them to sit idly by and watch Ming Pao delist until they had to do so.

The only two proposals also have their own advantages and disadvantages, but they both have only one purpose, which is to forcibly dilute the shares in the hands of the two major shareholders, Jin Yong and Shen Baoxin, to ensure that they have absolute control over Ming Pao.

No one would be willing to dilute the shares in their hands, not to mention that the fundamental reason why Ming Pao has no shares circulating in the market is that he spent money to buy all the shares. But for his proposal, Jin Yong and Shen Baoxin wanted to refuse but couldn't refuse, because Lin Xiaozhi had already spent hundreds of millions of dollars for Ming Pao, and even if his money was blown by the wind, he would not make that kind of move to spread his wealth out of his pocket.

In the face of Lin Xiaozhi's tough attitude, although he was reluctant to have his shares diluted, after a negotiation, and after getting his promise that he would never sell the controlling stake in Ming Pao to another company within five years, the two finally reluctantly agreed to the second plan he proposed, which was to divide all the shares of Ming Pao in everyone's hands and dilute them proportionally.

No one thought that Yu Pinhai would lose so quickly.

But there are never a few smart people, and when he began to wave money to dismiss the creditors who had blocked his door, then ATV and Cheng Pao, who were holding on to his pigtails, suddenly died down and stopped reporting news about him. Those who have a little brighter head already understand the 'truce' between these two families.

Sure enough, when Ming Pao was suspended for a day again, when the opening day came, Lin Xiaozhi, accompanied by Jin Yong, Shen Baoxin, the two major shareholders of Ming Pao, and many senior executives of the Hong Kong Stock Exchange, announced his plan of 'dividing into two', and the three major shareholders jointly sold 70 million shares of Ming Pao shares to the market, attracting countless institutional investors and small shareholders to rush wildly.

This result has undoubtedly told the world that Yu Pinhai was defeated, and the era of Ming Pao belonging to him ended before it began, and then the era of Hong Kong media belonging to him Lin Xiaozhi arrived.

"Lin Xiaozhi got his wish to buy Ming Pao, Yu Pinhai lost his position, and the dream of the king of the newspaper industry was shattered!" ——Kowloon Times

"Win one of the three battles, and the king of Hong Kong media will be crowned!" ——Hong Kong Daily News

"Son-in-law Liang Qiuhao met Lin Xiaozhi twice without success, Sing Tao Newspaper held the second board meeting in the month, and the major shareholders joined forces to challenge Hu Xian to calm the conflict, and the newspaper queen may meet Lin Xiaozhi in person to seek reconciliation!" - Ta Kung Pao

Councillor Lee Chu-ming denounced the Lin family for monopolizing public opinion in the legislative session, and asked the Hong Kong government to file a case to forcibly terminate Lin Xiaozhi's acquisition of the three newspaper companies. Or affected by this, the judicial department has once again postponed the trial of the media dispute case! ——South China Daily

Suddenly, Lin Xiaozhi's successful acquisition of Ming Pao caused an uproar from all walks of life in Hong Kong, and the voices of discussion were endless.

Seeing that one of the 'companions' had fallen, the Oriental Press and Sing Tao Newspaper, which bore the brunt of the battle, could not sit still, and the two newspaper companies no longer had the determination to continue to fight with Lin Xiaozhi.

Ming Pao started, Lin Xiaozhi had the chance of winning, seeing that victory was in sight, and he was finally able to spare his mind to pay attention to the mainland not far to the north, the screening of "Once Upon a Time 1: Top Gun", which was jointly filmed by their Huanya and Xu Ke Studio, and has begun to be released in the mainland.

Speaking of the release of "Once Upon a Time" in the mainland, it can only be described with twists and turns. As early as the influence of Lin Xiaozhi's visit to the mainland and the operation of the newly established Beijing Film, the film passed the mainland review trial and was introduced for screening soon after the middle of the year. However, seeing that all localities began to prepare for the screening, it didn't take long for there to be twists and turns, and the opportunity to be screened was almost lost under the protests of many conservative mainland filmmakers. Thanks to this incident, which caused a big fuss and alarmed Deng Gong, who had retired, he was able to get the opportunity to be screened again under his promotion, and this delay was half a year later, and it was December 91 when it was released again.

However, there is a very philosophical old Chinese saying called 'fortune and misfortune depend on each other', although the release of "Once Upon a Time" in the mainland has experienced twists and turns, and the screening period has been delayed for several months, it has also brought it a lot of benefits. For example, the big discussion caused by it not only made mainland filmmakers and mainland media remember this movie, but also made many high-level and elite people know about it. At the same time, in the months that were delayed, Media Asia and Beijing Film were not idle, and it took a few months for Beijing Film to expand the number of cinemas and theaters from less than 300 in coastal provinces at the beginning, to nearly 800 large and medium-sized cities in most central and western regions in December. It is almost equivalent to one-tenth of the scale of the theaters and theaters owned by the entire continent at this time.

However, in terms of publicity, the newly established Beijing Film continued the consistent style of mainland films, in addition to relying on administrative power and relationship circles, and asking some local radio and television systems to help post a notice for publicity, it only hung banners and put up posters in more than 700 theaters and theaters where it was screened, and the banners were limited to coastal areas and a few large and medium-sized inland cities. First, they have been thinking for a long time, and secondly, they are reluctant to spend money on advertising. Therefore, in order to make the movie an instant hit, Lin Xiaozhi still allocated 3 million yuan to Zheng Fei, vice president of Media Asia, out of his own pocket, and asked him to go north to the mainland with a professional publicity team with the money to cooperate with Beijing Film Group for publicity.