603 [Innovation]
"William, you are your own person, I don't want to hide it from you." Ye Jin knew that he was thinking about himself and nodded with a smile, "Actually, Huifeng is ready to sell He Huang to Li Chaoren and he will take care of it."
"Oh, really?!" De William said in surprise when he heard this.
Li Chaoren has been very popular in recent years, defeating the real estate giant Land, building buildings in Gongzhong and Central, developing Chinese tours with Huifeng, and sniping acquisition of Hutchison Whampoa, etc., showing extraordinary business skills. If He Huang is handed over to him, it is really possible to bring it back to life.
"But, with long-term realization of its current market value, I'm afraid it's not enough to acquire Hutchison Whampoa." De William asked in confusion again.
Cheung Kong's current market value is HK$2.4 billion, while Hutchison's market value is HK$6.2 billion. Cheung Kong's acquisition of Hutchison is tantamount to a snake swallowing an elephant, and it must be held to death.
Ye Jin smiled and told De Williams about the transaction conditions between Huifeng and Li Chaoren.
"..." After hearing this, De William looked unbelievable.
Who would have thought that the super consortium with a market value of HK$6.2 billion would be sold and given to Li Chaoren.
"If I hadn't known that they were about the same age, I would have almost thought they were father-son." He then said with a wry smile.
"Okay, don't talk about these." Ye Jin waved his hand and said, "Now you understand why I want to buy Hehuang's stock."
"I get it, okay, I'll start right away." Dewylian nodded.
With Li Chaoren's talent, he may be able to turn the world around and reshape his glory. Now, buying stocks at the bottom of Hutchison Whampoa will be able to make money together.
However, in recent years, the performance of Hehuang has not improved, so its daily trading volume is very small. If Ye Jin wants to make a big acquisition and does not want to cause the stock price to soar, it may take a lot of time to operate.
Just like an ant moving, buying a little at a time will accumulate over time, so that it can accumulate little and not arouse market alertness.
But now that Huifeng and Cheung Kong are about to trade, they will definitely not give Ye Jin too much time, so the acquisition of stocks on the market alone may not achieve the effect Ye Jin wants. If you want to acquire a large number of stocks in a short time, you have to find a way to find shareholders of Hutchison Whampoa.
Because Hutchison has always had poor performance in recent years, the stock has been hovering at a low level. No investors are interested in it at all. The daily trading volume is very small, which has led to shareholders being trapped for a long time and suffering. Therefore, the expectation they sell is still relatively strong.
...
When Dewylen went to lobby for major shareholders of Hutchison Whampoa to buy the Hutchison Whampoa shares they held, Ye Jin also came to Myth Film and met with General Manager Guo Zhenghong.
"Mr. Ye, this is the company's performance summary last year, and this is the company's performance in the first two quarters." Guo Zhenghong showed his account to Ye Jin.
Ye Jin glanced roughly and saw that Myth Film has developed well in the past two years.
Last year, Myth Film's pure profit was HK$34.4 million, and its profit in the first half of this year was HK$16.2 million, which is a relatively good result.
Last year, "Dragon Fist", starring Cheng Long, won the annual box office runner-up, with a box office of HK$6.45 million, which is a very good result.
The winner was the Xu brothers' comedy "Selling the Body Deed", which had a box office of HK$7.68 million, and the audience gathered.
During the period when Ye Jin left Hong Kong, the Xu brothers won box office championships with their careful arrangements and insight into the world. Now they are more famous in Hong Kong than Jackie Chan, Yuan Biao, and Sammo Hung.
However, because comedy films are subject to language and culture, the Xu brothers' comedy is not so popular in other places.
In comparison, action language is universal, so the kung fu films of Jackie Chan, Yuan Biao, Sammo Hung and others are sold overseas to be more popular than Xu's comedy, which is considered a win back.
However, the kung fu films they starred in were basically all funny kung fu films in the early Republic of China, and there was not much innovation in the story and style.
Moreover, Jackie Chan, Yuan Biao and Dong Wei's characters are all [Kung Fu Boys], and some of them have crashed. This also makes Jackie Chan, the most hilarious among the three, the most famous, while the other two are a little sad.
"It's time to introduce urban action movies." Ye Jin thought to himself.
It is not that the hobby kung fu movies are not good, but it has been filmed for six years since 1974, with nearly a hundred movies. To be honest, even if the audience is not tired of watching them, they should be tired of watching them.
This shows that one or two people are watching the movies in the past two years. For example, "The Brave Is Not Fearful", "Lin Shirong", "Fist Spirit" and other movies filmed in the past two years have about 600,000 or 700,000 viewers.
However, the number of viewers of several kung fu films released this year, such as "The Real Man", "The Dragon and the Tiger" and "The Bad Head" has dropped to about 400,000 or 500,000. If the movie ticket prices had not increased in the past two years, the box office would have been worse and worse every year.
So now, it is time to innovate.
...
"Mr. Ye, the company has not discovered new people this year. I think the company's existing artists are enough for daily use. If you dig too many artists, there is nothing to do, which will only cause waste of resources." Guo Zhenghong explained again.
When Ye Jin heard this, he nodded in agreement.
Myth Film only shoots seven or eight movies a year, and the number of artists at this stage is enough. No matter how many people are recruiting, it will only cause waste.
Furthermore, the blockbuster system has begun to be eliminated. Xiao’s family has been continuously laying off employees in recent years because of the continuous decline in the box office of movies.
Ye Jin naturally would not repeat the mistakes of Xiao, restore the large studio system, and sign a large number of actors under his command. That would cause a heavy cost burden.
In his opinion, it is enough to sign a few top actors. As for other artists, they can just look for them from outside when they need them. There are many artists using them from Wireless and ATV, so they can't help but raise them by themselves.
"It doesn't matter. Signing someone is not the purpose. What I hope is that someone in the company will use it." Ye Jin waved his hand and said, "As long as there are enough people, it's fine."
"Yes, Mr. Ye." Guo Zhenghong nodded, "Actually, I was optimistic about someone, but unfortunately she was snatched away by Jiayi halfway through. They were all brothers' companies, so I couldn't snatch it from it."
"Oh?!" Ye Jin was a little curious when he heard this, "Who is so outstanding that both companies fell in love with each other?"
"Her name is Chu Hong Chung, who is the beauty pageant of the Hong Kong Miss. Although she is not very beautiful, she is very friendly." Guo Zhenghong explained, "I think she is very different from the current Hong Kong actresses and may become popular, so I wanted to sign her. However, Jiayi also liked her and knew that she had worked as a jewelry counter salesperson, so she dug her to host a shopping program."
Chapter completed!