Rebirth: The Era of Hong Kong Tycoon

Chapter 138 [Incentive Equity]

Modern newspaper.

At 8:[-] in the morning, Lin Rongheng held a senior management meeting, mainly discussing the matter of 'incentive shares'.

Lin Rongheng first said: "I will divide the total share capital of Modern Newspaper into 1000 million shares. This time, I will take out 150 million shares to reward the management and employees who have made outstanding contributions to the company. My shares will become 680 million shares. The chairman’s shares have become 170 million shares. Of course, this share is only for internal use, and the person who gets the share cannot trade it. Once I leave the company, I will personally fund it back; Withdrawal, the purchase price is tentatively set at 3 Hong Kong dollars per share.”

Excited expressions appeared on the faces of everyone, but Xiangjiang has never had a generous boss; even if it is recovered at a price of 3 Hong Kong dollars, it is equivalent to the Modern Newspaper giving out 450 million Hong Kong dollars to reward those who have made meritorious deeds.

Lin Rongheng didn't feel much in his heart. If he hadn't used this plan, how many management and employees of the company would have been poached by the Ma brothers with high salaries; similarly, because of this plan, how many professional and seasoned media people would quit to the modern newspaper.

It can be said that under the fierce competition at that time and Lin Rongheng's lack of financial resources, this "incentive equity" played a decisive role, otherwise modern newspapers would never have developed so fast.

At this time, the modern newspaper office has already succeeded, so naturally it will not give out another share as a reward!
Luo Zhaoyou asked: "Boss, what conditions do the employees who accept the 'equity incentive' need to meet?"

Lin Rongheng immediately said: "Well, I would like to say a few requirements: first, you must have been in the company for 2 months; 2 shares, and the entire management team shall not exceed 1 shares; third, try to let every employee with outstanding performance be rewarded by us; fourth, the cooperative law firm intervenes to form a formal and effective document; fifth, equity Incentive matters should not be exposed on their own initiative, and employees are required to keep their allocations confidential.”

A group of high-level executives nodded while recording to show that they had no objection to the boss's proposal.

After Lin Rongheng finished speaking, Luo Zhaoyou took the lead to express his opinion: "Boss, don't worry, we guarantee that this distribution plan is fair and just. We expect to have a detailed distribution plan at the end of the month, and I will take it to you for review!"

These managers know that with Lin Rongheng's shrewdness, it is very difficult to fool the boss, so they have always been very serious and honest in their work.

Then, everyone reported on the distribution of the company's newspapers.

"Modern Daily" has also begun to be officially published in Taiwan, Thailand, the Philippines and other regions, but it adopts an "agent" system; it is printed in Xiangjiang and then delivered to these places by air.

This distribution method is also the implementation strategy of Sing Tao Newspapers. Southeast Asia seems to have a lot of Chinese, but it does not have the advantage of publishing in the six major Chinese cities in Europe and the United States; the Chinese in Thailand, the Philippines and other places are too scattered...

Therefore, these markets still adopt conservative issuance.

If you really want to make money from these places, you have to run a joint newspaper with local people, or you have to set up a 'news agency'.

Lin Rongheng really intends to set up a 'Modern News Agency', which can sell news to media in Asia and even the world in the future, but he doesn't have so much money now.Therefore, Lin Rongheng's plan is that when he goes public, he will raise a certain amount of funds, which can be used for the preparation of the news agency and the preparation of "Economic Daily".

The global sales volume of "Modern Daily" has reached 25 copies, which may be a little lower than that of "Sing Tao Daily", but it is also very eye-catching.

The potential of the two newspapers has not been exhausted. In the previous life, Sing Tao News claimed that 100 million people read their newspapers and publications every day; that means that the highest sales record of "Sing Tao Daily" may have reached 60 copies. It can be seen The newspaper market still has great potential to be tapped.

Next, the sales volume of "Modern Evening Post" is about 6 copies, and the sales volume of "Modern Weekly" is about 5 copies; the growth rate of "Modern Evening Post" and "Modern Weekly" is relatively small, and the potential should be almost used.

"Modern Weekly" is supposed to be 'the pinnacle when it debuts'. If it can reach a total sales volume of 8 copies within two years, it will undoubtedly be a great achievement.

At the end of the 80s in the previous life, "Next Magazine" reached the total sales volume of 12 in two years, but it was the 80s after all, and the consumption level was relatively high.

Although "Modern Weekly" set the price very low; but the consumption level of Xiangjiang in this era is still too far away; Lin Rongheng even doubts that when the oil crisis comes, "Modern Weekly" can maintain 4 copies. up.

Two newspapers and one weekly magazine, that's all for the time being. If you do too much, you may not be able to do well. It's better to make these three things bigger and stronger first.

After the meeting, Lin Rongheng came to the Modern Publishing House downstairs, and called Zhang Cheng to report the situation.

张城说道：“《盗墓笔记》自月初开始在香港、台岛、东南亚同步发行, 目前香江的销量已经突破10万套, 海外的销量已经突破15万套，总计获利95万港币。需交给现代报社30万的版权费用，公司还余65万港币，而公司账户限制一共有85万港币。”

Lin Rongheng immediately said: "I took 70 Hong Kong dollars, is there any problem?"

Zhang Cheng replied: "No problem! After all, "Tomb Raider" and "Ghost Blowing the Lantern" have been published one after another, and "Modern Man Ke" also has a monthly profit of [-] to [-] Hong Kong dollars, which is enough to support the company's training class plan. "

Lin Rongheng nodded, he never thought of it - among all the companies, only Modern Publishing House 'makes the most money'!
There are only two companies that can 'make money', Modern Publishing House and Evergrande Real Estate. Evergrande Real Estate has a monthly chairman's fee of [-] Hong Kong dollars.

Other companies are still investing, so naturally they cannot bring immediate returns to Lin Rongheng.

Lin Rongheng asked again: "How is the situation at Yulang Book Company?"

Zhang Cheng replied: "Two issues have been released, which are 6 luxury outfits. The sales volume of each issue is about 2.5 copies. The sales volume will be greatly improved in the later period. However, it is very difficult to surpass "Modern Manke". Difficult, our sales can reach 4.5 copies."

"Modern Manke" is a weekly magazine, and it serializes three comics at the same time, as well as other small contents. Taking advantage of the advantages of high-quality Japanese manga and good printing, I am committed to improving it. In recent years, the sales volume of "Little Rascal" cannot be surpassed. In the later period, with the increase of talents in modern publishing houses, I believe Huang Yulang is not even a rival.

It can be said that the cooperation between Modern Publishing House and Huang Yulang was from the very beginning to destroy Huang Yulang; it seems that Modern Publishing House is supporting Huang Yulang as the boss, but in fact only Lin Rongheng knows that even if Modern Publishing House does not support Huang Yulang, Huang Yulang will meet again. A nobleman, and he started a joint venture company.

But now, Modern Publishing House took the lead and shared with Huang Yulang a [-]-[-] share, which was equivalent to sharing half of Huang Yulang's wealth.

The focus is not here. Modern Publishing House is not only cultivating cronies in Yulang Book Company, but also closely preparing "Dragon Tiger Gate"; It can be completely explained as - he also owns [-]% of the copyright of "Little Rascal".

Of course, the awareness of copyright in this era is very weak, and there are many comics that plagiarized "Little Rascal" in the previous life, but most of them are rough.

Although Modern Publishing House does not have a second Huang Yulang, Lin Rongheng doesn't believe that even if the combined efforts of the main writers can't compare to Huang Yulang, at least they won't be far behind.

The only pity is that Lin Rongheng has never watched "Dragon Tiger Gate", otherwise the plot would not be a problem.

Of course, the purpose of Lam Rongheng's establishment of the publishing house is not for Hong Kong's local comics, but for Japanese comics; therefore, he really doesn't care too much about the future development of Hong Kong's local comics industry.

(End of this chapter)