Chapter 309 Acquisition of Cathay Pacific

Chapter 309 Acquisition of Cathay Pacific
After acquiring the production team of Cathay Pictures, Yonghua Film Studio and two-thirds of the cinema chain's shares, the 550 million mortgage loan from HSBC was almost simultaneously approved. Not only was the efficiency incredibly high, the mortgage rate was also as high as 91.6%!

Wang Yuanchao's own Starlight Cinema Chain has 7 theaters, and Cathay Cinema Chain has 15 theaters. In terms of cinema chains, they have the capital to compete with Shaw Brothers.

But in terms of film sources, it cannot be compared with Shaw Brothers.

There is only one big director in Golden Eagle Pictures, Yuan Qiufeng.

Starlight Pictures accepted two big directors from Cathay:
Wang Tianlin, Wang Jing's father, is the pillar of Cathay Pacific. The survival of Cathay Pacific depends on him.

Tang Huang joined Dianmao in 58 and filmed such famous works as "The Private Affair of a Jade Girl" (1959), "The Queen of Clouds" (1959), "Long-legged Sister" (1960), and "The Queen of Sports" (1961). It can be seen that he is good at directing fantasy and romance films, with delicate directing techniques, compact plots and a refined style.

A small director is just a basic director, with no impressive box office results and not even in Wang Yuanchao's sight. In fact, he doesn't even know Tang Huang. He only knows Wang Tianlin, who has a good son, Wang Jing.

As for actors, there are quite a few, such as Zhao Lei, Zhang Yang, Tian Qing... As for actresses who are worth mentioning, well, it seems that there are no more, there are no leading actresses anymore!

Even the magazine "International Film" that was stuffed into our company is having a hard time operating.

"International Film" is an important medium for the marketing of "Dianmao" films. It was founded in Singapore in 1952 and moved to Hong Kong for publication in October 1955. All its manuscripts are written in both Chinese and English for cross-border dissemination. The distribution range of "International Film" also covers 10 regions including Singapore, Malaya, India, San Francisco, etc. At its peak monthly sales, it once reached 24 copies!

With the death of its big boss Luk Yun-to, Dianmao declined and International Cinema, which had been cheering for Dianmao, naturally had a hard time.

You know, the cover of every issue of "International Film" is an artistic photo of the leading actress of Dianmao. Now Dianmao has no fresh blood and no pillars. In addition, Wang Yuanchao's "Phoenix Daily" has a high degree of overlap with the content of this "stars' on-set anecdotes, gossip, and single-page photos", and is even more full. "Phoenix" can get gossip from any company, and "International" is even worse, relying entirely on the support of its parent company Cathay Pacific.

Wang Yuanchao thinks that there must be professional journals, as professional journals have their own value.

What's wrong with investing some money? He has plenty of money!
Faced with the mess inherited by Starlight Pictures, Wang Yuanchao has not stepped forward for the time being. Cathay Pacific also knows that it has to help Starlight stabilize, otherwise the staff may fall apart amid the turmoil.

This itself is also within the scope of the acquisition contract.

The Spring Festival was just around the corner and everyone was not in the mood to work, which gave Wang Yuanchao plenty of time to operate.

Although the film company is a tool for money laundering, Wang Yuanchao still wants to make it more exciting. He wants to have both.

So he went to poach Zou Wenhuai!
He is the deputy general manager and production manager of Shaw Brothers. He is extremely talented. He can both promote and produce, distribute and shoot. He is truly an all-round talent.

But because his position was low and his power was little, Shaw Brothers refused to give him the position of general manager.

In 60, Shaw Brothers' general manager Shao Weiying (nephew of Uncle Six Shaw) resigned. Chow Wen-huai thought he could take over, but Uncle Six promoted his own family member Zhou Nai-wen to be general manager and only promoted Chow Wen-huai to be production manager.

At the same time that Wang Yuanchao was hooking up with Zou Wenhuai, Fang Yihua finally officially joined Shaw Brothers and was responsible for purchasing.

Fang Yihua pursues frugality in everything. No matter whether it is costumes, props or filming equipment, you need to ask her for reimbursement in person. If it is a little unreasonable, she will reject it. No matter who submits the purchase application, she will always "cut it in half", sometimes even more ruthlessly. Because she is the woman of Shaw Tycoon, she is not afraid of Shaw's old servants at all.

(It is said that the famous director Li Hanxiang needed 10 children to blow bubbles on his set, so he submitted the application to Fang Yihua. Unexpectedly, Fang Yihua cut the number in half and only approved 5 bubble blowing toys. When Li Hanxiang found out, he was so angry that he almost had a heart attack.)
What Zou Wenhuai did was even more frustrating.

Combined with the conditions offered by Starlight Pictures, he was very excited and went to have tea.

It wouldn't be a bad idea to take a look at the market conditions outside and have a chat. He has been working at Shaw Brothers for more than ten years.

As soon as I entered the tea room, I found that there was an excessively young man sitting in the main seat.

Wang Yuanchao saw Zou Wenhuai, who was stunned and thought he had come to the wrong place, and said with a smile:
“Mr. Zou, I am the boss of Starlight Pictures, Wang Yuanchao.

please! "

Wang Yuanchao just made a gesture of invitation and did not stand up. Instead, he fiddled with the gap and made tea.

Zou Wenhuai felt that he should at least stand up to greet the young boss, and he felt a little uncomfortable because the young boss was so young.

But he has already put away his tea sets, and since he's here, let's chat.

So he immediately put on a smile and said:
"Boss Wang is really young and promising!"

Then he happily took a seat.

Wang Yuanchao filled Zou Wenhuai's cup of tea and said:

"Mr. Zou, you probably don't know me."

Zou Wenhuai really didn't understand, because Shi Hui, who helped to make the connection, said that it was a very big boss who was impressed by his abilities. He couldn't say more details and had to talk in person.

"Ms. Shi Hui didn't give me much of an introduction, she just urged me to come and have a chat," Zou Wenhuai said bluntly.

Wang Yuanchao said:

"I have already bought Yonghua Film Studio and 67% of Cathay Cinema Line's shares."

Zou Wenhuai shook the teacup he was holding. Cathay was Dianmao, the old rival of Shaw Brothers. In the past, many boxing competitions were fought by him and his brothers and sisters!
Things are different now and people are different from the past. He didn't say anything, just sipped his tea silently.

Wang Yuanchao continued:

“Cathay is declining and Mr Chu has no interest in the film industry, which Mr Zou should be very clear about.

I have taken over almost all of Cathay Hong Kong, but I lack a general manager to help me lead the overall situation," Wang Yuanchao paused, looking at Zou Wenhuai with burning eyes, making Zou Wenhua a little nervous, and then continued:
“Come to Starlight Pictures, let’s work together to make Starlight bigger and stronger!”

General Manager, these three words seemed to have magical power, making Zou Wenhuai's throat dry. This was the position he had been dreaming of for many years! However, if Xingguang just took over the wreckage of Cathay Pacific... Only in this way, leading Xingguang to become stronger, can his value be shown, right?
"Come, let me add some more tea for Mr. Zou!"

Zou Wenhuai then realized that the cup in his hand was empty.

He quickly and carefully handed the cup to the table.

Wang Yuanchao poured tea and said:

"First of all, the salary should be doubled. Everyone should have ideals, but everyone also needs to live. There is no reason for the boss to enjoy a luxurious life while his subordinates have to eat coarse food, right?"

Zou Wenhuai felt that this was a bit too much. If it was doubled, his salary would be the highest in the industry. The boss was not a philanthropist! But he also felt that with his ability, he could deserve the boss's treatment!
His sitting posture straightened up a lot, and he said:
"What are Boss Wang's expectations for the company's development?"

As long as it's not too outrageous, he is willing to consider it.

Wang Yuanchao took a sip of tea and said:

"As the general manager, Mr. Zou can also own 5% of the dividend shares after two years. The more the company earns, the more Mr. Zou earns. This is called prosperity for all."

Even the dividends have been paid out! Zou Wenhuai wondered if there would still be a situation where everyone suffers if one loses.
Now it was his turn to look at the young boss Wang opposite him with burning eyes.

Wang Yuanchao continued:
"If the company goes public in the future, Mr. Zou can also use the internal price to purchase the company's shares and become a partner of the company. You can truly make the company a part of your career!"

Listing? Shareholders?
Zou Wenhuai was a little confused. Could it be John behind the starlight? Could it still be listed? It sounded a little fake...

His expression naturally caught Wang Yuanchao's attention, and Wang Yuanchao said:
"I have a friend who has been running a stock exchange for Chinese companies, probably in the past one or two years."

Zou Wenhuai felt that this young boss was even more unfathomable, as if he could see through his inner thoughts. He also marveled at the boss's powerful energy.

He forced a smile and said:
"To be honest, I'd be lying if I said I wasn't tempted, but Boss Wang has to have requirements for the company, and I also want to see if I have the ability to do it."

Wang Yuanchao smiled. As expected, these days, there is nothing that cannot be solved by throwing money at it.

"My main business is real estate and manufacturing, and the media industry is just my personal hobby. You can also understand that Mr. Lu Yuntao and I have the same hobby.

So, don’t worry about funding.

By the way, Phoenix Daily and Hong Kong Commercial Radio are also my properties.

"

Zou Wenhuai felt really numb. How terrifying was this Boss Wang? !

Who doesn't know that Phoenix Daily and Commercial Radio are making a fortune every day? But this, media, is just their hobby! It's not their main business!
At the beginning, Boss Lu was really willing to spend money on making movies, and the stingy Shaw Brothers could not compare. But after Dianmao fell apart, Shaw Brothers lost its rival and became even more stingy.

Wang Yuanchao said:

“So, I won’t set a goal for Mr. Zou.

I will show you all the resources I have, and then you will come up with a reasonable plan based on the actual situation and give me a goal for the company.

I will judge whether this target is too high or too low.

Therefore, only if Mr. Zou is a partner of the company and holds shares in the company, will he treat it as his own business. "

Zou Wenhuai swallowed his saliva several times. Isn't this authorization too big? He said shyly:

"If you get a salary, you have to live up to it. Shaw Brothers never gave me any shares, and I worked very hard at Shaw Brothers."

Then I felt that this was inappropriate. If he had worked diligently at Shaw Brothers, why would he be sitting here now?
However, Wang Yuanchao did not care about this, he just smiled and said:
“I have not yet announced the acquisition of Starlight to Cathay Pacific because I do not have a professional to help me look at the overall situation, help me to take over steadily, and give everyone confidence.

I had my own plans for what to do next, but my plans were amateurish. At the time, Boss Lu was not only interested in movies, but he was also very professional, which is something I could not compare to.

So, I can't act arbitrarily.

Cathay Pacific is a broken ship, I need to find a capable captain to restore it to its former glory."

(End of this chapter)