Rebirth, I really don't want to be a warm man

Chapter 641 Acquisition of ATV
"As for those old employees who are disobedient, you should fire those who should be fired, and those who should be dismissed should be dismissed. Don't be afraid of causing turmoil. It's a stagnant pool. Why don't you just break up and reorganize...

In the office, Li Zhe told Zhou Ziyu what to do after taking over ATV.

Not long ago, he had a meeting to help her recruit a group of people from Quku Entertainment, Qudong Video and other companies to go to ATV with her.

People in Hong Kong Island are relatively exclusive. If Zhou Ziyu went there alone, he would definitely not be able to control ATV. He must have his own manpower and a basic board.

Use foreign factions to suppress local factions.

Just like Liu Bei entered Yizhou in history, he also used the Jingzhou faction to suppress the Yizhou local faction.

Zhou Ziyu nodded, and took down everything Li Zhe said in his heart.

She is very aware of her shortcomings and has no management experience at all, so she can only learn while doing.

Li Zhe paused and said: "There is also Ye Jiabao, the current executive director. If he is willing to express his support for you and take the overall situation into consideration, then he can be kept temporarily."

The head of ATV, Wang Zheng, and the major shareholder, Cai, are fighting each other. ATV is now completely relying on the encouragement of executive director Yip Jiabao. This person still has a lot of affection for ATV. In order to promote ATV, he even participated in community activities and appealed to the neighbors in Hong Kong Island for support. ATV.

Leaving Ye Jiabao will help to appease the hearts of the old employees and allow Zhou Ziyu to control ATV faster, but the premise is that the other party is willing to be honest and obedient and willing to take care of the overall situation.

In fact, the process of acquiring ATV was not easy. It took more than half a year, and it took even longer if the preliminary preparations were counted.

After Wang Zheng took over in 2010, the shares of ATV became controlled by two major shareholders, one is Huang Bingjun, who holds 52.4% of the shares, and the other is Antenna, which holds 47.6% of the shares. It is jointly held by Cai Yanmin, chairman of the group.

Since Wang Zheng and Cai Yanmin are not permanent residents of Hong Kong Island, the law does not allow them to become shareholders of Hong Kong Island TV.

Therefore, Wang Zheng holds ATV shares through his distant relative Huang Bingjun, and Cai Yanmin indirectly holds ATV shares through a joint venture with Cha Maosheng.

In fact, Li Zhe is also the same. Through a joint venture with Zhou Ziyu and his eldest son Zhou Xuyao, he established a company and indirectly holds shares in ATV.

Zhou Ziyu is naturalized in Hong Kong, but she is not yet a permanent resident, but a resident.

According to regulations, only Chinese citizens born on Hong Kong Island before or after the establishment of the Hong Kong Special Administrative Region can obtain permanent residency.

Residents must live on Hong Kong Island for more than seven years to obtain permanent residency.

But Xiao Xuyao ​​is a permanent resident.

His mother (Zhou Ziyu) is from Hong Kong, and he was born on Hong Kong Island.

Although he is less than two years old now, this does not prevent him from becoming a shareholder of a company.

Zhou Ziyu exercised shareholder rights on his behalf as a legal representative.

This is purely a loophole.

Cai Yanmin, who owns a media organization on Taiwan Island, originally hoped that through cooperation with Cha Maosheng, he could become a major shareholder of ATV who could talk about things, and build a media kingdom across Hong Kong and Taiwan.

But Wang Zheng rushed out and bought shares from the other three ATV shareholders, becoming the controlling shareholder in one fell swoop, shattering Cai Yanmin's "ATV dream".Since then, the relationship between Wang Zheng, Cha Maosheng, and Cai Yanmin has become openly ossified.

Wang Zheng and Cai Yanmin fought endlessly, which completely plunged the already declining ATV into a quagmire.

In 2012, it lost 3.4 million Hong Kong dollars, and in 2013 it further expanded to 3.78 million Hong Kong dollars. Even the wages of employees could not be paid, so they had to be in arrears for a long time.

In order to acquire ATV, as early as the year before last (2011), Li Zhe began to spend money anonymously to buy Hong Kong media, hyping up the struggle between Wang Zheng and Cai Yanmin, and intensifying the conflict.

In 2011, Cai Yanmin sued ATV in the name of Antenna, claiming that Wang Zheng controlled ATV and damaged its interests.

After two years of entanglement, the Hong Kong Island Court ruled in favor of Cai Yanmin in early 2013. In order to protect his interests, the court required Huang Bingjun to sell 10.75% of ATV's shares to an independent third party.

In March of this year, Zhou Ziyu contacted Huang Bingjun in his personal capacity and expressed his intention to buy the 3% of the shares. However, he currently has insufficient funds and hoped to use his 10.75% of Funwan Technology shares as collateral for a six-month reprieve.

She played the role of a brainless vase lover. For the sake of face and vanity, as a shareholder of Hong Kong Island TV, she dared to use her child's shares as collateral without telling Li Zhe.

The 1.5% shares are in the name of Xiao Xuyao, and Zhou Ziyu only holds them as a guardian.

Funwan Technology is a mainland game company giant with a potential market value of 1.5 billion yuan. A 10.75% stake is much more valuable than a [-]% stake in BiaTV.

Naturally, Wang Zheng and Huang Bingjun would not be so stupid as to refuse such a good thing. If Zhou Ziyu still doesn't pay the money after half a year, the 1.5% stake in Funwan Technology will be theirs.

In fact, Wang Zheng already has the intention to retire. He has been in charge of ATV for three years.

In this way, Zhou Ziyu (temporarily) got a 10.75% stake in ATV without spending a penny.

In the next few months, Li Zhe intensified his efforts to hype the ATV crisis, and even encouraged ATV employees to make troubles to ask for wages, and even organized a small-scale demonstration to demand wages.

At this precarious time, Li Zhe came to Hong Kong Island in a low-key manner, visited the former chairman of ATV, Cha Maosheng, and expressed his intention to take over ATV for a try, hoping that the other party could buy out the part of ATV shares held by Cai Yanmin.

Cha Maosheng is a descendant of the Cha family in Hong Kong Island, a billionaire, very prestigious in the business circles of Hong Kong Island, and has a lot of connections in the Mainland. He once spent 10 billion to become the owner of ATV and served as the chairman of the TV station for many years.

He still has feelings for ATV and doesn't want him to go bankrupt.

So under the help of Cha Maosheng, Li Zhe and Cai Yanmin finally reached an agreement after more than a month of discussion, and won 4.8% of ATV shares held by him and Cha Maosheng at a price of 47.6 million Hong Kong dollars.

This price is also the market price, but the shares of ATV have no market at all.

If you want to take over ATV, after purchasing the shares, you need to invest huge sums of money in updating equipment and creating new programs.The market estimates that the total investment may need to be in the billions of Hong Kong dollars.

The huge capital investment scares away all rich people who are interested in ATV shares, and even the richest man Li is unwilling to take over.

Cai Yanmin is still unwilling, but he can't do without selling the shares.

After Huang Bingjun sold his 10.75% stake, his shareholding would drop to 41.65%, losing his controlling stake, and Wang Zheng would no longer have the right to run ATV.

If Li Zhe does not take over, ATV will fall into a situation where no one decides, and it can only wait for it to be liquidated.

At that time, the shares in Cai Yanmin's hands will become waste paper.

A qualified businessman will not give up interests for the sake of sentiment.

After taking 58.35% of ATV's shares, Li Zhe finally approached Wang Zheng and Huang Bingjun.

Under the negotiation of the upper management, Huang Bingjun won 4.6% of ATV shares in the hands of Huang Bingjun at a price slightly higher than the market price of 41.65 million Hong Kong dollars, and took over ATV's debt of 7 million Hong Kong dollars.

There is no need to offend Wang Zheng, the opponent's background in the mainland is not simple.

Cai Yanmin, who owned a media organization on Taiwan Island, wanted to join ATV through cooperation with Cha Maosheng and build a media kingdom across Hong Kong and Taiwan, but Wang Zheng, who was out of nowhere, took the lead in ATV.

Even Wang Zheng bought 10.75% of ATV shares from Cha Maosheng, which implies something worth thinking about.

Finally, after more than half a year and at a cost of more than 17.5 billion Hong Kong dollars (about 13.8 billion yuan), Li Zhe successfully acquired ATV.

……

Before Zhou Ziyu went to Hong Kong Island to take over ATV, her socialites and girlfriends in Shanghai specially held a farewell party for her.

The party scene was very lively. Most of the famous ladies from the Zhejiang and Shanghai areas came, even the appointed successor of the family like Princess Zong.

"Come on, let's all have a drink together. I wish Tzuyu success in becoming the host of ATV and achieve greater glories!"

Zhu Qianlin, the daughter of Qingyuan Group in Ouzhou, glanced at Zhou Ziyu, who was wearing a black evening dress showing elegance, and raised her wine glass with a smile.

Upon hearing this, the celebrities present raised their wine glasses and looked at Zhou Ziyu with envy and jealousy.

Not only on Hong Kong Island, Li Zhe's reputation as a daughter of Bo Yixiao has also spread in the upper circles in the mainland.

This is a TV station that cost more than one billion yuan to acquire, and the follow-up investment will be at least a dozen or two billion yuan. Li Zhe is willing to hand it over to Zhou Ziyu, his lover, and let her practice?

Where can I find such a generous and good man?

Don't look at the rich families of these ladies present, but that's the money of the family, not something they can spend casually. .

Most of them have no inheritance rights, or the succession is nowhere in sight, and they only have the monthly living expenses at their disposal.

Rich people generally don't let their children take over until the day they die.

So Zhu Qianlin and the others are very envious of Zhou Ziyu, who can run a large TV station at a young age.

It's not like they can only rely on their families.

How do you say that, it's better to have your own if you have your parents!

Although ATV has declined now, it still has a solid foundation. It used to be one of the two most influential old TV stations in Hong Kong and Macau, and it can also radiate to Guangdong, Guangxi and Southeast Asia.

Don't talk about letting ATV regain its former glory, as long as ATV can get out of the quagmire and maintain it like TVB, Zhou Ziyu, the leader, can have a pivotal position, and his status is no less than that of a top billionaire worth tens of billions.

Even if it was in the last century, before the return of Hong Kong Island, she might still be a dame.

Like Sir Shaw.

To popularize cold knowledge, until 2022, there will only be 315 billionaires in China.

……

Zhou Ziyu took a sip of the red wine in the glass, maintaining a polite smile on his face.

It's impossible to say that she doesn't feel any sense of complacency in her head, but she still has more pressure in her heart.

Li Zhe trusts her so much, and entrusts her to take charge of a TV station with an investment of several billion (Hong Kong dollars). She must not let him down.

(End of this chapter)