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Chapter 600 Pop Mart(1/3)

It’s not that Tao Yushu really doesn’t want to hand over the management rights of Yulang’s organization, but the transition period she set has not yet arrived.

Now there is about half a month left before New Year's Day in 1994. After New Year's Day, Tao Yumo will become the person in charge of Yulang's organization, while Tao Yushu will retreat to the second line and only retain the identity of the chairman of the board.

After the two sisters talked for a while, Tao Yumo talked about the important matter again. She came upstairs mainly to talk to Tao Yushu about the new investment in Yulang's organization.

The card blind box launched by Yulang in the past few months has been greatly welcomed by the majority of users. It is conservatively estimated that in less than 9 months this year, the card blind box business will generate HK$70 million in sales for Yulang in less than 9 months.

The amazing performance of the card blind box business allowed Tao Yumo to see the huge prospects of this business, and she planned to set up a subsidiary under the Yulang organization.

The business scope is to build a comprehensive operation platform covering the entire industrial chain of trendy toys around the world, the incubation and operation of cartoon images, consumer access, and trendy toy culture.

One by one, tall nouns popped up from Tao Yumo's mouth. Even though Tao Yushu's knowledge was so knowledgeable that she was almost confused by her.

"Speak human words!"

"Dry blind box supermarket!"

The five words are concise, which is comparable to her nonsense just now, and Tao Yushu's eyes showed a look of thought.

"Why do you need to set up a separate subsidiary? Isn't it good to do it now with the comic image of Yulang's organization? It saves money and effort."

Tao Yumo shook his head, "Sister, it's not the comics that I belittle Yulang's organization. They don't have the distinctive characteristics of popular popularity, they are too Xiangjiang."

"This subsidiary will face young users aged 12 to 26 in the Chinese world in the future. The cartoon image it creates must be in line with the mainstream aesthetic tastes of users of this age group."

The higher the Tao Yumo said, the less confident Tao Yushu felt.

"According to what you said, you don't want to use the old team of Yulang's organization, so you want to build another team?"

Tao Yumo nodded, "That's right! The positioning of this subsidiary is trendy culture. What we need is talented and imaginative artists. The painters of Yulang organization will definitely not do it."

Tao Yushu coughed, feeling dissatisfied with Tao Yumo's belittling the company's employees so much.

"Stop talking about these big talk, tell me how the 200 million yuan capital demand comes from?"

"This is not the money I'm going to say, but the real money I'm going to spend—"

Tao Yumo talked freely and said, "Lotus" and packaged her business plan with great exquisiteness, but the more Tao Yushu listened, the more she felt that it was unrestrained.

She even had a little doubt that she was old and could no longer keep up with the tastes of young people.

"This matter - I'll consider it again." Tao Yushu said hesitantly.

"Sister, believe me, this direction is definitely promising, and it has more prospects than comics. If we develop well in the future, we can even develop in the opposite direction."

Create a cartoon image that is deeply rooted in people's hearts, use people's love for cartoon images to develop animation works.

Tao Yushu understood what her sister meant, but she still didn't let go.

200 million yuan, this is the profit of Yulang’s organization for the whole year. If Tao Yumo’s plan is really spread out,

Probably more.

Last year, the acquisition of Sugar Games, Pixar Animation, and Yulang's cash reserves have been emptied.

"After New Year's Day, you will take the helm of Yulang's organization. Are you sure you want to make such a radical investment?

HK$200 million is equivalent to investing nearly a year's profits into this new company.

It is impossible for investors to recognize it, and you don’t want the company’s stock price to fluctuate as soon as you take office, right?”

Tao Yushu's persuasion was a mature saying, but Tao Yumo didn't care after hearing it.

"Investors are just responsible for investment. Which company have you seen to become bigger and stronger after listening to investors' opinions?

Besides, you didn’t care about investors when you were in office. Why did you get to me? You have to consider this or that?”

Tao Yumo's stubbornness made Tao Yushu a little headache. She waved her hand and said, "You let me think about it again."

Seeing her like this, Tao Yumo knew that this time would be in vain. Her eyes were lively and she said, "How about you ask my brother-in-law's opinion?"

Tao Yushu looked up at her, "There is still something about your brother-in-law in it?"

Tao Yumo waved his hand immediately, "No. It's just that when I was inspiring my brother-in-law, I think he can definitely support my idea."

After hearing what she said, Tao Yushu hesitated.

"I'll ask him tonight."

"good."

Tao Yumo stood up and planned to leave. He stopped at the door and turned around and said, "There are too many people working in the building now, and the Yulang organization's own people are almost unable to hold them."

After saying that, she ran out of the office without waiting for Tao Yushu's reaction.

Tao Yushu smiled bitterly.

Before she was in charge of the family, she wanted her to leave, but she was not angry.

First, because Yulang Building is now equipped with Lin's Pictures, and the Yulang organization has more than 1,300 employees, which is indeed becoming more and more crowded.

Second, Tao Yumo will manage Yulang's organization in the future. If she works in the same building as her, it will inevitably give people the illusion of two days of life and affect Tao Yumo's authority in the company.

She had an idea in her mind and had already made people look for a suitable office building three months ago.

In 1989, affected by the waves of Yanjing, the real estate market in Xiangjiang fluctuated, but it quickly regained its vitality and became more active.

In the past two years, the Hong Kong government has released a series of bold construction plans, including the new airport project, the West Kowloon land reclamation project, and the demolition of Kowloon City Walled City will soon hand over the sovereignty and power of the Hong Kong River. The British fully demonstrated what it means to sell the land without feeling sorry for the people and invite people to buy their hearts.

The multiple positive stimulus has caused the rental and sale price of Xiangjiang real estate to rise sharply in a short period of time, and commercial buildings are naturally no exception.

Nowadays, the selling price of better Grade A office buildings has exceeded HK$4,500 per blast, which is equivalent to nearly 5 per square meter

With HK$10,000, the top office buildings in Central have soared to more than 60,000 per square meter.

The housing prices are high, and Tao Yushu has been hesitating whether to rent or buy it before.

Lin's Pictures is now getting bigger and bigger and more famous. If you can have an office building of your own, it is naturally the best. It is also a good investment to collect extra places for rent.

It can be a large-scale office building, ranging from hundreds of millions to billions.

If possible, Tao Yushu still hopes to invest all the company's money in the business rather than speculating on real estate.

As the company grows, she needs to make more and more decisions. Some are closely related to the company's development, while others are mundane chores, so she has to consider them.

Tao Yushu thought of Tao Yumo again and couldn't help but rub his forehead with his green onion fingers.

"Dongdongdongdongdongdong!"

"Enter!"

"Mr. Lin, Mr. Meadow, the owner of the South China Morning Post, called and said he wanted to invite you and Lin to have a meal.

"

The new assistant Lai Wanqin walked in and said to Tao Yushu.

Tao Yushu brows slightly when he heard this.

"Merdoch" is called "Hong Kong" and is called "Murdoch" in the mainland.

Rupert Murdoch, a famous media tycoon in the future, quickly turned losses into profits after inheriting several tabloids from his family in the 1950s.

In the 1960s, he controlled 60% of Australia's newspaper industry and entered the UK. In the 1970s, he moved to New York and entered the American media industry.

In 1980, he officially established News Corporation and embarked on the road to globalization.

News Group is now an internationally renowned media group. It owns many internationally influential newspapers such as The Tax, World News Treasure, and The Sun, in addition to expanding their territory in print media, Murdoch has also turned his attention to TV media in recent years. He first established Sky TV in the UK and acquired 50% of Fox TV's shares.

However, compared with the success of the print media business, Murdoch encountered a huge setback in the TV media business.

In 1991, News Corp.'s satellite TV network business suffered huge losses, resulting in News Corp.'s debt of up to US$8 billion, almost on the verge of bankruptcy.

In order to save the company, Murdoch had to sell magazines and printing businesses, and traveled around Europe and the United States, constantly lobbying major banks, hoping that they could lend a helping hand.

Until the end of 1991, Murdoch finally received support from 146 banks in Europe and the United States. News Group's remaining $7.6 billion in short-term loans and various debts in different periods will be updated within three years.

Various messages from News Corporation and Murdoch were flashing in his mind quickly, and Tao Yushu asked, "Did you talk about anything?"

"No."

It seems that it is going to be an interview, Tao Yushu thought about it in his heart.

Although News Group's debt ratio is extremely high, it is an international media giant after all. Murdoch takes the initiative to invite her to dinner, which is a gift for others and he will ask for something.

Only Mingpao Enterprise and Star TV have business intersections with News Group.

In order to solve the debt problem, Murdoch has not stopped selling paper media and printing in the past two years, nor has he stopped expanding in the field of satellite TV.

I just don’t know which business Murdoch was for this appointment.

"Where is the time?"

"This Friday night, at the Mandarin Oriental Hotel Mandarin Hall."

"I know, tell them I will go to the appointment on time."

Lai Wanqin reminded again: "At 6 o'clock, you are going to meet Mr. Liang at Benda Center."

Tao Yushu glanced at the watch on his wrist and said, "Okay, we'll set out in five minutes."

Five minutes later, the black Heiji set out from the Tatsuro Building and headed towards the Central.

As the earliest developed area since the opening of Hong Kong Island, Central is the undisputed heartland of Hong Kong and the most developed commercial center in Hong Kong.
To be continued...
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