Reborn in Hong Kong as a Tycoon

Chapter 831 1980 Annual Report (V)

Hutchison Whampoa.

Chen Songqing brought people to Hutchison Whampoa, and this time he quickly met Wei Li. The two met in the conference room, each with some people around him.

Chen Songqing said: "Dapan, I came here today to talk with you about the transfer of the Carrian Group shares in your company. I hope we can reach a general consensus today."

"Since Chen Sheng has made his choice, we don't want to hold the shares of Carrian Group anymore. As long as the price is right, Hehuang will definitely transfer the shares." Wei Li said immediately.

"Well."

Chen Songqing asked directly: "I need to confirm first, your company currently holds 25.62% of Carrian's shares?"

Wei Li nodded: "Yes, none of the Carrian shares in Hutchison's hands were sold before."

Chen Songqing asked: "Then I wonder what price your company wants to sell?"

"Although Chen Sheng's choice is regrettable, Mr. Lin and I are very optimistic about Chen Sheng's ability. Under the leadership of Chen Sheng, Carrian Group has also developed in an orderly manner. We believe that Carrian Group will develop better. At present, the company's The stock price does not reflect the market value of Carrian Group. Therefore, we believe that the shares held by Hutchison should be sold at a premium."

The sale of shares has become an established fact. As the head of Hutchison Whampoa, Wei Li must plan more benefits for Hutchison Whampoa.

"Thanks to Lin Sheng and Taipan for their optimism."

What Wei Li said was high-sounding, and Chen Songqing couldn't refute it directly. It was impossible for him to speak ill of Carrian Group.However, it is also impossible for him to go along with Wei Li's words and sell those shares of Hutchison Whampoa at a high price.

"I found friends who were willing to take over Carrian's shares from He Huang, but they had different opinions."

"Oh, what do you say?"

Wei Li said he was all ears.

Chen Songqing said: "In the past two years, both the property market and the stock market in Xiangjiang have risen, but this increase cannot be permanent. Coupled with the uncertainty of Xiangjiang's ownership, the property market and stock market are likely to be at risk. If I remember correctly , Lin Sheng, the chairman of your company, also said something similar, right?"

"Boss Lin just said that there are potential risks."

Wei Li couldn't refute, but he still said: "President Lin is very optimistic about the economic development of Xiangjiang. Our Xiangjiang is such a big place. The economy is developing well and the population is large. Housing prices and land prices will only continue to rise. All real estate companies The development prospects are predictable.”

"There's always a risk."

Chen Songqing didn't argue with Wei Li, but said: "Now my friends have taken a lot of risks to take over the shares of your company, so the shares sold by your company should be sold at the current closing price." Compared with the shares that your company got when it sold the Golden Gate Building, your company has already made a lot of money."

"It's not a big profit. Now that the property market keeps rising, the price of the Golden Gate Building keeps hitting new highs. If Hutchison has been holding the Golden Gate Building, it will not make less money."

After a pause, Wei Li continued: "What's more, based on the current closing price, we and Huang will not agree to this. After I informed Chen Sheng last time that you transferred the shares, until now, Jia The share price of Ning Group has fallen by about 10%, and we have reason to believe that you deliberately suppressed the share price in order to reduce the transfer price of the shares."

"It's absolutely nothing."

Chen Songqing immediately retorted: "The drop in Carrian's stock price is a normal adjustment of the market and has nothing to do with us."

"During this period, the Hang Seng Index went up as a whole, but Carrian's share price fell by 10%. How can we believe that this is a spontaneous adjustment of the market?" Wei Li shook his head.

"Taipan, that is indeed a spontaneous adjustment of the market."

Chen Songqing was still unwilling to admit that it was indeed they who did this, but this kind of thing can only be done and cannot be admitted.

At that time, in order to prevent Hutchison Whampoa from discovering the problem, they deliberately controlled it, and did not let Carrian Group’s stock price drop too much. They only adjusted it by 10%. Unexpectedly, Hutchison Whampoa still discovered it.

"Chen Sheng, if you are like this, then I don't think we need to continue talking."

Wei Li immediately said with a serious face: "We would rather sell the shares from the stock market by ourselves. Although the selling price will be lower, it will not be easy for Carrian Group. The stock price will definitely drop sharply, so it has nothing to do with us. "

"Don't be impulsive, Taipan, let's talk slowly."

Chen Songqing hurriedly comforted him when he heard the words, if Hutchison Whampoa really did this, the impact on him and the Carrian Group would be too great.

Hutchison Whampoa sells a large number of shares in the stock market, so there will definitely be a large number of investors following the market. Once the British capital fails to catch the selling, the stock price will inevitably plummet, resulting in a series of chain reactions, and his Carrian Empire may even collapse. .

Chen Songqing knows the situation of Carrian Group best. He knows that this worst situation must not be allowed to happen.

If it hadn't been for Shen Congee from HSBC to get to know those big bosses from the British capital, and under the help of Shen Congee, it was confirmed that HSBC and British capital would take over the Carrian shares held by Hutchison, and that HSBC was willing to give greater support to Carrian Group, more Without these guarantees, Chen Songqing would not have dared to 'betray' Lin Baicheng at all, and would have trouble with Lin Baicheng.

"It's okay to talk slowly, but Chen Shengyou has to show sincerity."

Wei Li didn't get up and leave immediately, after all, he could only sell the shares at a higher price by directly transferring the shares to Chen Songqing and others.

"How about this."

Chen Songqing thought for a while and said, "I can make a concession here. The reference price for our final transaction is based on the closing price on the day we met. What do you think, Dapan?"

"can!"

Wei Li only agreed after a moment of pondering. Although the stock price of Carrian Group fell that day, the drop was not big, only about one point, and he didn't hold on to it, so let's take it as a step back.

"Okay then, let's continue to discuss the transfer price."

Chen Songqing and others suppressed Carrian Group's stock price before, based on the idea that success is the best, and there is no loss if there is no success, and now there is no loss if they make concessions.

The two parties headed by Chen Songqing and Wei Li continued to negotiate, and in the subsequent negotiations, the people brought by both sides also spoke from the positions of both sides.

After almost an hour, the talks were suspended.

Today, the two parties did not discuss a specific transaction price, and both parties are unwilling to make concessions, so they made an appointment to continue the negotiation two days later, and the place is still at Hutchison Whampoa.

Not long after Chen Songqing and others left Hutchison Whampoa, Lin Baicheng of Galaxy Financial Group got a report.

In this regard, Lin Baicheng had nothing to say, but let Wei Li and others continue to talk.

When he received the report, Lin Baicheng was still reading the annual reports, and he had just finished reading the annual reports of several Japanese companies.

The first is Zhiyin Comics Publishing Company.

The company's revenue is currently divided into two parts, one is the comics published by the company, and the other is the revenue from the sale of Xingyue consoles.

The consignment sale of Xingyue consoles, which has nothing to do with the main business of Zhiyin Comics, has brought profits to Zhiyin Comics that exceed the main business.

In 79, Zhiyin Comic received a share of more than 2000 million US dollars through the sale of Xingyue consoles. In 80, this share ratio increased again, and it was an increase of more than 50%, and it received more than 3400 million US dollars in share.

In terms of main business, because Zhiyin Comics built its own channels, the cost was high in 79, but the returns it brought were also very high.

In addition, the plots of the company's several comics are getting more and more popular, and the sales volume of the booklets is also getting higher and higher. The advantage of self-employment is that the profits are basically all their own.

For a comic, from printing, to publicity, to distribution in bookstores and comic shops, Zhiyin comics are all made by myself.

In this mode, as long as the company has good works, basically all the profits can be pocketed by the company after the explosion.But at the same time, if the work is not good, the losses will be huge.

In 1980, the net profit brought by Zhiyin Manga’s self-operated main business was 11.3 billion yen, which was 2260 million Hong Kong dollars when converted into Hong Kong dollars.

The consignment of Xingyue hosts naturally also brought huge profits to Zhiyin Comics. The share of 3400 million US dollars, deducting commissions from clerks, store managers, regional managers, etc., and various other expenses, finally brought bonanza to Zhiyin Comics. Net profit of $2800 million.

This net profit is still very high. The main reason for this high is that Zhiyin Manga basically does not have to do anything. After receiving the goods, they are stored in the warehouse and then sent to various branches. The corresponding expenditure is not much.

In the end, after deducting a little more than 17% of the consignment sales revenue, the rest is the company's net profit.

Of course, the tax has not been calculated here. The tax is paid together with all the net profits of the entire company, and there are certain reasonable tax avoidance methods.

All together, in 1980, the net profit of Zhiyin Comics was about 1.4 million Hong Kong dollars.

Compared with the net profit of 79 million Hong Kong dollars in 4800, the increase in net profit of Zhiyin Comics in 80 is still relatively large.

The reason for this is that, in addition to the double increase in the revenue and profit of the direct sales business and consignment sales, it is also because the channel expansion of Zhiyin Comics was basically completed in 79, and the expenditure in 80 was greatly reduced, so the net profit increased.

Baihuifeng Co., Ltd., in 1979, the company's revenue and profit were not high.

But in the 80s, Seiko Matsuda became popular. After becoming a star, the albums she published and her endorsement and commercial performances could bring huge profits to the company.That is to say, she has just become popular, and her popularity is not stable enough. She has not been popular enough to hold a concert, otherwise she can make more money for the company.

However, Seiko Matsuda is Lin Baicheng's woman, so when she first signed the contract, what she signed was not a rookie slave contract, but a [-]% split.

In other words, Matsuda Seiko can get [-]% of the money she earns for the company, which is already a very friendly contract for newcomers.

If it weren't for the company's two shareholders, Iwasaki Mineryu and Yamaguchi Momoe, Lin Baicheng would definitely give Matsuda Seiko a higher share, mainly because he doesn't care about such money at all nowadays.

In the 80s, apart from Seiko Matsuda, the company also tried to launch a few artists, but unfortunately none of them became popular, and the money they made for the company was limited.

At the same time, Miyuki Nakajima, who signed the contract, did not bring much profit to the company in the 80s because of the relatively late signing time.And in order to show sincerity, the company's share of Miyuki Nakajima is also higher than the market price. After all, a small company can sign Miyuki Nakajima, even if Miyuki Nakajima looks at Momoe Yamaguchi, the company can't do without paying.

In any case, in 1980, Baihuifeng Co., Ltd.'s net profit was 4.3 million yen, or 860 million Hong Kong dollars, most of which was provided by Seiko Matsuda.

After reading the annual report of Baihuifeng Co., Ltd., Lin Baicheng thought, if Matsuda Seiko still followed him without complaint in the next few years, then he would make Matsuda Seiko the same as Yamaguchi Momoe as the chairman of Baihuifeng Co., Ltd. Shareholder, let her also be the boss.

The status of an artist and a boss is still different. Even the most popular artist is just a wage earner, while the boss is capital and has a higher social status.

Bailong Commercial Association.

In 79, the company's net profit was only 1100 million US dollars, mainly because the company implemented the strategy of reluctance to sell real estate, and the total assets at the end of the year were about 6 million US dollars.

At the end of May 80, the company completed a financing. The Mitsubishi Zaibatsu, the Sato family, Claure Rockefeller, and Abigail Johnson took over 20% of the financing and obtained 8.8 million at a valuation of 1.76 million US dollars. Dollar.

After completing the financing, Bailong Commercial Club has more funds, and at the same time received the support of the Mitsubishi Zaibatsu and the Sato family.The Mitsubishi Zaibatsu can allow Bailong Commercial Association to obtain more loan support, and the Sato family is a political family, allowing the company to obtain more land in Tokyo.

In other words, after this financing, Bailong Commercial Club not only received a large amount of funds, but also installed a pair of wings and developed rapidly.

Because of the joining of several companies, the company slightly changed its development plan in 80, that is, it was no longer as reluctant to sell properties as it was in 79.

After the completed real estate is sold, the funds are collected back, and then the land is continued to be obtained from the bank loan to continue to build the real estate, and so on.

I didn’t do this in the past, because only Iwasaki Mineryu could not let the company get the land quickly. If too many properties were sold, the loss would be too great. After all, the longer the property is kept, the more valuable it is.

It's different now. If you have money and don't have to worry about not getting land, then of course you are open to development.

Therefore, in 1980, the net profit of Bailong Commercial Association showed a huge increase, achieving a net profit of 2800 million US dollars.

As for the company's total assets, including the US$1.76 million brought by financing, the total assets at the end of the year have exceeded US$9 million, reaching the level of US$9.4 million, which is not far from the total assets of US$10 billion.

However, the company's assets are all real estate. Now the housing prices in Japan are rising as a whole, just like Xiangjiang.

For a real estate company like this, once there is a huge fluctuation in housing prices, the total assets will also shrink severely.If the debt ratio of the enterprise is too high, it is easy to become insolvent.

(End of this chapter)