Reborn in Hong Kong as a Tycoon

Chapter 14 Acquisition of Arcade Factory
The next day, Lin Baicheng followed Chen Gao to visit three arcade machine factories.

Because these three arcade machine factories have just entered the industry for a few years, the factory buildings and equipment are quite new, that is, there are differences in scale and labor numbers.

Lin Baicheng chatted with the three bosses separately, and learned from them that arcade machine assembly does not mean that they cannot make money. Their factories are now profitable, and it is not because of poor management that they cannot continue to do business that they want to sell the factory.

Lin Baicheng was very puzzled at the time, so he simply asked. He didn't understand why they chose to sell the factory when it could make money.

In this regard, the bosses of the three factories did not hide it and told Lin Baicheng the reason.

The reason is the same, that is, making arcade assembly is hard money, not a lot of money, and most of the money is made by authorized game companies.

If it were a year or two ago, when the economic crisis had just passed, it was not safe to do other businesses. Although the arcade assembly did not make a lot of money, it was relatively stable. That was why they entered this industry at that time.

But it is different now, the economic crisis has passed, Xiangjiang's economy is recovering, and all walks of life are very profitable.In this way, the arcade machine assembly industry, which used to be profitable and stable, does not seem to be very profitable, at least not comparable to other industries.

The owners of the three arcade machine factories all want to change careers and enter other industries for development. Unfortunately, everyone knows that the arcade machine assembly industry has no other industries to make money, so the factories in their hands cannot be sold at the price they want.Lin Baicheng wanted to buy, but they wanted to sell.

However, this is a stable and profitable industry after all, so the three owners have no idea of ​​selling at a low price, but instead demand a certain premium.Otherwise, they would have sold it a long time ago, it's nothing more than failing to negotiate a price with others.

Lin Baicheng did not refuse the request for a premium price. What he considered was which arcade machine factory to acquire.

The two small arcade machine factories are similar, and it doesn't matter which one you buy. Lin Baicheng has enough cash to buy them, and the remaining money is enough to make new games.

The bigger one offered 300 million Hong Kong dollars, and Lin Baicheng didn't have that much cash in hand. Logically speaking, he couldn't buy it, so he shouldn't have considered it, but Lin Baicheng was thinking about whether to buy this arcade machine factory.

The reason why I intend to buy this arcade machine factory is because it is the largest factory with many skilled employees, and the factory land is my own, so it is more convenient to expand.Even if you want to expand it in the future, because there are a lot of vacant land around the factory, as long as you can afford it, you can buy it together.

In addition, Lin Baicheng also found that the boss of this factory is quite far-sighted.They hired one employee in Los Angeles in the United States and one in Tokyo in RB. These two employees are not very educated, but they have played the game for many years and often hang out in the game venue. If there are popular games released in the two countries, they will definitely be able to Knowing it at the first time, so as to notify the company in Xiangjiang, and then the boss can find the authorization of the relevant company at the first time, assemble and sell it locally in Xiangjiang.

These two foreign employees' familiarity with their country's game venues is also an asset to Lin Baicheng. If his game is produced, it can not only be sold locally in Xiangjiang, but also sold abroad through these two employees. Faster access to global markets.

In view of this, Lin Baicheng decided to buy the largest arcade machine factory in Kwun Tong after thinking for a long time.

The cash in Lin Baicheng's hand is only more than 110 million Hong Kong dollars. It is true that the permanent publishing rights of the novel were sold for 150 million Hong Kong dollars, but the problem is that tax deductions are required, and it is impossible to get the full amount.In addition, he also spent 20 Hong Kong dollars to buy something, which was a lot of money.

There is not enough cash, but fortunately Lin Baicheng still has 25% of the shares of Xingxing Daily.This time he did not sell the shares, but took the bank to mortgage and loaned out 250 million Hong Kong dollars.

In fact, the value of 25% of Star Daily’s shares is not more than 250 million Hong Kong dollars, but the problem is that the bank will not grant the loan in full, at most [-]% to [-]%.

The reason why he didn’t sell his shares this time is because Lin Baicheng will write the sequel of "The Wind and Cloud Dominates the World" in the future, and it can be serialized on the Star Daily at that time, so that the serialization of the Star Daily will not drop sharply. Even continue to grow, increasing the market value of the newspaper.

Of course, there is also the reason that a loan of 250 million Hong Kong dollars is enough for the time being, otherwise Lin Baicheng would not mind putting all his eggs in one basket for the production of a new game.

It took five days to get the loan from the bank.

After getting the loan, Lin Baicheng took his lawyer Chen Gao to sign the purchase agreement with the owner of the arcade factory. The 285 million Hong Kong dollars negotiated in the past two days purchased the arcade factory and the more than 2000 square meters of land where the factory is located.

With this acquisition, even if Lin Baicheng's arcade game business is not going well, with those lands in hand, he can still make a lot of money after waiting for a few years.In other words, if the timeline is extended for a few years, this acquisition is guaranteed to make a profit.

"Lin Sheng, congratulations!" "Thank you, Mr. Qin, for transferring the factory to me."

After the two parties signed the contract and Lin Baicheng paid the money, both of them shook hands happily.

Lin Baicheng is happy that he won the arcade factory, and he is about to enter the game industry to make more money.

Qin Xiangyang was happy that the factory was finally sold at a reasonable price, and he could use the money to enter the textile industry, which he was more optimistic about.

Qin Xiangyang said: "Lin Sheng, I will take you to hand over later, and then I will take away a few relatives. As for the other employees, it is up to you, Lin Sheng, to keep them or leave them."

"They are all skilled workers. As long as there are no problems with them, I will keep them."

Lin Baicheng said with a smile, although arcade machine assembly is not a highly skilled job, it is okay to invite newcomers to do it, but it is definitely better to have skilled workers, and no boss will reject skilled workers.

"That's fine."

After hearing this, Qin Xiangyang said, "If they were dismissed right after the factory was sold, then I would be quite embarrassed. After all, they are old guys who have been with me for two or three years." As for why he didn't bring these people to his new The reason why he wants to go to the factory is because he wants to enter the textile industry, and he definitely wants employees with relevant work experience.

Lin Baicheng and Qin Xiangyang took people out of the office together, went to the workshop, and gathered all the employees who were working in the entire factory.

The employees also know that the factory has a new boss in the past few days, so they are all a little uneasy, wondering if their work will be affected after the new boss is changed.

Although Xiangjiang's economy has been recovering in the past few years, it is not so easy for ordinary people at the bottom of the education level to find a stable job in this small and crowded city.

Therefore, the employees of the factory are inevitably worried about their own future, for fear of being fired, which will affect the livelihood of the whole family.

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(End of this chapter)