Reborn in Hong Kong as a Tycoon

Chapter 559 Fund Arrangement, Tips (Two in One)

Galaxy Games Inc.

Today the company held a board meeting, and a total of nine directors came.

Among the nine directors of Xinghe Game Company, apart from Lin Baicheng who is the chairman, Lin Shufang is also a director of the company. The shares of Lin's father, Lin's mother, and Lin Qin are all held by Lin Shufang, so Lin Shufang, who owns 4% of the shares, is no longer a minority shareholder. .

Charlie Yuan, the general manager, must be a director, and Liu Yihui, the factory director, was also appointed as a director by Lin Baicheng.

Among the nine directors, Wall Street only occupies two places, which are representatives of Goldman Sachs and Citigroup.Although their holdings are not many, many funds hand over the exercise of shares to these two institutions, so they represent the interests of Wall Street.

In addition, there is a director whose number of directors belongs to the public shareholding. As long as a shareholder holding no less than 3% of the shares applies to join the board of directors, the board of directors will approve the shareholder to join the board of directors.

It's just because no shareholder holding more than 3% of the shares has applied to join the board of directors, so this number of directors is controlled by Lin Baicheng, who arranged for the company's management to join the board of directors.

No matter in terms of the shareholding ratio or the number of directors, Lin Baicheng firmly holds the majority, and Galaxy Games is still under his control.

The board of directors was held today, and the first proposal was the company's purchase or establishment of headquarters and branches in Hong Kong, Japan and the United States.

In the proposal, the company will either purchase or build a new office building in Xiangjiang, Tokyo in Japan and Los Angeles in the United States. Although these two places are branches, they will be built at the same level as the headquarters.

None of the directors objected to this motion, and it was quickly passed unanimously.

Leaving aside the income of Xinghe Game Company this year, the more than 6 million US dollars in cash from the listed shares is still lying in the company's account. It can be said that the company is not ordinary rich now, and it is impossible to spend a little more money on the headquarters and branches. It's nothing.

"As for the expenses of the company's headquarters and divisions, the budget should not exceed 3 million U.S. dollars. At present, we have estimated it at 3 million U.S. dollars. After deducting the 3 million U.S. dollars, there will be more than [-] million U.S. dollars left in the company's account. , We need to have a good discussion about the use of these funds."

Although Lin Baicheng was right in saying this, he never thought about discussing it with the directors at all. The general direction must be decided by him.

"Chairman, the company has just been listed. In order to give shareholders greater confidence and boost the stock price, I think it is necessary to pay a certain amount of dividends."

The director representing Goldman Sachs said out loud that Goldman Sachs has contacted some institutions to do more. If there is a positive stimulus for dividends, it is a good thing for them to do more.

"A dividend?"

Lin Baicheng nodded slightly, looked at the directors and said, "I'm not opposed to dividends. How much do you think is more appropriate?" Their family's shareholding ratio exceeds 60%. Dividends are only good for the Lin family, and he has no objection necessary.

"Chairman and directors, the development of the company is inseparable from funds, so some funds must be reserved for the development of the company, so the funds used for dividends should not be too much."

The one who spoke was Yuan Charlie. He is the general manager of the company. It is true that he wants to consider the interests of the directors, but he must also consider the long-term development of the company, so he does not want too much of the company's funds to be distributed as dividends.

The director of Goldman Sachs said: "The capital for dividends should not be too much, but the company currently has a lot of funds. I think it should be possible to distribute two to three billion U.S. dollars."

"Almost half of the remaining funds are used for dividends. I don't think it will affect the company's operations. Shareholders can also enjoy the dividends brought about by the company's development, and at the same time attract more shareholders to pay attention to our company."

Citigroup is also long on Galaxy Games stock, so the directors representing the company's interests know what to do.

"The company is relatively rich now. Since it is the first year of dividends, let's pay more dividends. Take 3 million U.S. dollars for dividends."

Lin Baicheng thought for a while and said, with his personal 59% shareholding, he can get 1.77 million US dollars, which is not too little without paying taxes.

"Since the chairman has said so, let's take out 3 million US dollars in dividends."

Charlie Yuan didn't object either. Although he thought it was a bit much, it was still within the acceptable range. After all, after deducting the expenses of the headquarters and branches, there were still more than [-] million U.S. dollars left to use.

Several other directors also had no opinion, and the company decided to use 3 million US dollars for dividends.

The company took out cash to distribute dividends. This matter must be announced to the public, so Lin Baicheng asked Yuan Charlie to handle this matter well.

Next discuss the use of the company's remaining funds.

The company will definitely increase the number of game development next year, so it is necessary to make preparations now. The first thing is to recruit people. After the recruitment, the game development can be carried out, and there is no need to wait until next year.

However, to decide whether to develop a game, the R&D department must come up with a plan first, and then develop it after the management approves it. Now it is November, and it will be almost next year after all these are completed.

Lin Baicheng made a general arrangement. The company will increase investment in the game hardware research and development department to develop arcade games with better performance. The total investment in this area next year can reach [-] million US dollars.All the remaining funds will be invested in the game software research and development department, striving to develop several more games next year.

As for the games developed by Xinghe Game Company, Lin Baicheng will also only plan to lead the development of two arcade games next year, and any more will depend on the software R&D department.If the company's performance depends entirely on him alone, then there is no need to expand the software R&D department, just let him do it all.

This time, the board meeting was held for almost two hours, from 09:30 to nearly 11:30.

After the board meeting ended, Lin Baicheng did not leave Xinghe Game Company immediately, but called Charlie Yuan to his office.

"Charlie, regarding the operation of anti-piracy software, your performance is too poor. As of October, you have only sold less than 20 sets."

The anti-piracy software of Xinghe Game Company is an important factor for the high revenue and profit of Xinghe Game Company. The company's arcade machines have not been pirated, so the profits after the company's arcade games are sold are all taken by the company. That's why the company makes so much money. .

Last year, the company's anti-piracy software was sold to the partner Taito Co., Ltd., a set sold for 70 US dollars, and the shipping cost of the motherboard was borne by the manufacturer itself, which can be said to be a cost-free transaction.

This year, Lin Baicheng asked Yuan Charlie to sell anti-piracy software to the outside world, hoping that the software would bring a lot of income to the company. Unfortunately, his hopes fell through. The sales of the company's anti-piracy software were not very good, far below his psychological expectations.

Yuan Charlie listened and said: "Chairman, it's not that we don't work hard, nor is it that I want to quibble, there is a reason for the poor sales of anti-piracy software."

Lin Baicheng gestured: "What's the reason? Tell me about it."

"First of all, in terms of selling price, the one-time price of 100 sets and below is 90 US dollars per set, the price of less than 80 sets is 70 US dollars per set, and the price of less than [-] sets is [-] US dollars per set. Partners such as Taito Co., Ltd. and Zhonghe Games sell it for $[-] a set.”

"For some small companies, they are not sure whether the game they develop will be a big hit, so they don't spend tens of thousands of dollars to buy anti-piracy software at the beginning, which is a lot of money. When it comes time to make money, because there are already some arcades that don’t have anti-piracy software, there is no need to buy anti-piracy software, so our sales targets are big companies like Taito Co., Ltd.”

"But even for big companies like Taito Corporation, the games they develop will buy a small amount of software at the beginning, but unless the game is a big sale, the market prospect can only be regarded as a fair game, and there is no purchase of anti-piracy software. Necessary, because pirates usually don't pirate games like this."

"That's why game companies only choose to buy anti-piracy software when they develop classic games that are very popular in the market, and when the arcades are sold at a high price. The market prospect of the software lies there, and we are powerless."

Yuan Charlie explained aloud.

"Your explanation does not satisfy me."

Lin Baicheng shook his head when he heard this, but he didn't criticize and reprimand Yuan Charlie, but asked: "For the current situation, do you have any plans? It is impossible to have no countermeasures and let the software sales continue to be so bad." Bar?"

"of course not."

Yuan Charlie immediately said after hearing the words: "This is what we think. By next year, we will reduce the price of the first [-] sets of software and set the price at a level that even small companies can accept. After [-] sets, we will lower the price Bring it up and earn back the profits you gave up earlier."

"The cost of our software is limited, even if the price is lower, there is still a lot of profit margin."

"What's more, manufacturers who have purchased the software, if the game developed by them has a good response, in order to make more money, they are very likely to continue to buy our software, which will increase the sales of the software."

"It's not impossible to do that."

Lin Baicheng nodded slightly, and said: "Next year, do what you said just now, and run it for a few months. If the effect is not good, I hope you can come up with a better way."

"Chairman, don't worry, next year I will definitely improve the performance of this area."

Charlie Yuan responded immediately. He is the general manager of the company. If things are not done well, he can put pressure on his subordinates, but he also has to bear the pressure from Lin Baicheng.

"Then I'll wait and see."

Lin Baicheng stopped talking about this topic, and turned to another matter, which was the expansion of the arcade factory.Next year, the number of arcade machines developed by the company will be greatly increased. Even if those games are not led by Lin Baicheng, the performance cannot be guaranteed, but some will be produced at the beginning, so the factory must expand its scale.

"As for the factory, we won't expand on the original basis for the time being. You can send people to Shekou in the inland area to see if it is suitable for building a factory now."

"Chairman, will the company build a factory in the mainland, will it affect the stock price?"

Yuan Charlie carefully reminded everyone that Lin Baicheng's position can be seen, and he has no opinion on it. Although he is British, it does not affect his money.

"We didn't move the headquarters there, but just built a branch factory there. How can it affect the stock price? It can only be affected by other factors. This matter is at best being exploited."

Lin Baicheng waved his hand. He is not worried about this at all. The stock price will not be affected now. At least there will be no accidents before Goldman Sachs and other institutions run away. It is impossible for them to watch their money continue to shrink.

After Lin Baicheng reduces a certain number of stocks, the stock price will be affected. It is best to be suppressed to the level of forced delisting of US$1. At that time, he can buy stocks at a low price and delist, but he can still make a lot of money.

Of course, Lin Baicheng knows that this kind of thing is basically impossible. After all, no one is a fool. Other capital will definitely buy the bottom when the stock price of Galaxy Games is undervalued. It is impossible to leave the bargain to Lin Baicheng.

Charlie Yuan nodded and said, "If that's the case, then I'll arrange for people to go to Shekou opposite for inspection in the next few days."

"Although I prefer to go to Shekou to build a factory, if the conditions there are too bad and building a factory there will affect the company's arcade production next year, then let it go, and then proceed on the basis of the original factory in Xiangjiang. Expanded."

Galaxy Game Company is a listed company after all, and Lin Baicheng does not want to harm the interests of Galaxy Game Company because of his attitude. In that case, shareholders who bought the company's shares may sue him in the United States.

"Good chairman, I will let people seriously investigate and make a judgment."

Yuan Charlie nodded to express his understanding. If his boss can do this, then he doesn't have to be embarrassed.

"If there's nothing else, go and get busy."

After thinking about it, Lin Baicheng realized that he had nothing to say to Charlie Yuan for the time being.

"Chairman, then I'll go out first."

Charlie Yuan had nothing else to report, so he got up and left the office.

When Charlie Yuan left, it was almost twelve o'clock. Naturally, Lin Baicheng would not go to work anymore. No matter how rich he was, he was just an ordinary person, and he would be hungry for food.

However, Lin Baicheng, who left the Xinghe game company, did not go home to eat, but went to one of his many villas in Xiangjiang, and that villa was not on the Repulse Bay side.

"Sincerely!"

When Lin Baicheng walked into the villa, Seiko Matsuda in the villa ran towards him happily.

Seiko Matsuda came to Xiangjiang today not because of any business, she came here specially to see Lin Baicheng, and she came here on her own initiative, not Lin Baicheng asked her to come here.

No matter what reason Matsuda Seiko took the initiative to come to Xiangjiang to see him, Lin Baicheng was happy about it, even whether Matsuda Seiko was sincere or not.

Women like Matsuda Seiko, Yamaguchi Momoe, Demi Moore, etc., no matter whether they really like Lin Baicheng or not, as long as they show this, then Lin Baicheng is satisfied.Even if it was acting, as long as they were acting when they were with him, and the tricks were performed well, then to Lin Baicheng, it was no different from the real one, and he would treat them as if they really liked him.

(End of this chapter)