Chapter 316 High Debt Development

Shi Hui looked embarrassed, and Fu Qi said:
"It's just a polite way of saying it, because we are not as glorious as them."

Liu Qijin asked:

"What about the truth?"

Shi Hui also relaxed at this time and said with a smile:

“The truth is, we are not as glorious as them!
When our contract expires one day, we will come to your house for refuge, but you must treat us well!"

Liu Qijin stopped talking, and Wang Yuanchao said:

"The truth is there is no gossip about them, but citizens love to hear gossip."

As they were chatting, a reporter saw the handsome men and beautiful women here, as well as the old-fashioned Great Wall Second Princess and her husband who were chatting with them, and came over to take advantage of the situation.

Wang Yuanchao looked around and immediately pushed Shi Hui and Fu Qi forward, then pulled Liu Qijin away.

As soon as the boss lady Liu Qijin left, the boss lady's assistant Li Minyi also hurriedly ran along. Many leaders and colleagues from the radio station had come to help. She was a host of the radio station and had a good image, but because she was too young, she was only a candidate for host and did not get a chance to go on stage.

As soon as the ceremony was over, the stars and bigwigs were surrounded by reporters, and she immediately left.

She also wants to be interviewed and reported on so that she can become famous.

Too bad, she was just a substitute host and her makeup was all washed out.

The boss's cousin did talk about the boss in a subtle way, and she also hinted that she was willing, but the boss didn't look at her straight in the eye, so what could she do? Could she take the initiative to rush up to the boss and hug his thigh?

Look at the youngest, Hu Yanni. She is only in her twenties, but she is qualified to go on stage to cut the ribbon, make movies and get dividends. How can she not be jealous?

Having made up her mind, she decided to continue to cling to the boss lady, otherwise she might not even get the position of substitute host this time.

After all, the boss doesn't take charge of the business, and the vice president of Starlight Pictures is the boss's mother-in-law, Ms. Wang Danfeng.

Vice President Wang also told the radio crew and the host group that when the time comes, the resources on both sides can be shared and everyone can come to Starlight to film and earn extra income.

When the time comes and she gets a chance, the boss lady will ask her to star in a big movie. Wouldn't it be much easier to become famous? She is still confident in her appearance.

After watching the excitement for a while, Wang Yuanchao returned to the buffet cocktail party and naturally had to chat with the guests. They all came to give him face and show his support.

Zhou Qibang, He Zuozhi and Deng Zhaojian, as partners of other companies, had just been helping with the reception. Given their status and position, they would not make people feel neglected at all.

In fact, Zhou Qibang and many other friends in the banking industry felt that Wang Yuanchao's expansion was a bit too aggressive. It's not that there were many industries involved. Many of them were involved in many industries, but none of them had as much debt as Wang Yuanchao.

Especially for people in the bank, everyone basically knows how much money Wang Yuanchao has loaned.

They couldn't help but think of Wang Yuanchao's attack on gold futures in 67, which was also so bold.

Zhou Qibang had initially asked Wang Yuanchao to invest in futures without taking him, but now that Wang Yuanchao has asked him to invest in the film industry, he has become cowardly again.

This was not like investing in the radio station to take advantage of others' misfortune. It only took a little money. He felt that it was good to see the steady appreciation of the property.

He invested more than 20 million yuan, and now the value has increased by at least 4 million yuan! He is very satisfied that he can earn more than the interest.

Besides, based on his relationship with Wang Yuanchao, he can take time out to visit Starlight Pictures and show off his talents. What does it have to do with whether he invests or not? When the real estate is sold and cashed out, he can invest in two movies for fun.

He had found out that he could invest in a movie with only 200,000 yuan! But the box office of a movie was only 1 million yuan at most, and in Hong Kong over the years, it was rare to make more than 1 million yuan.

Not as fast as the appreciation of real estate.

Everyone gathered in clusters, each with their own small circle. They were all Wang Yuanchao's friends, partners, associates, and employees. They had a relatively good foundation of trust, and they came together and dispersed to talk about money, business, cooperation, and transactions.

Shen Bi scoffed at the conservatism of the bankers. They were frightened by what happened in 65 and 67, and had no idea how confident the authorities were and how determined HSBC was!
HSBC cannot make money by itself, it must have its own agents to help make money. Bao Chuan Wang is one of them, but Bao Chuan Wang was trained by the former director of the loan department and the boss. He, Shen Bi, also needs to train a few such talents.

Therefore, as long as Wang Sheng does not lose his mind, he has almost unlimited ammunition provided by HSBC. What is there to be afraid of?

After a while, Zou Wenhuai and others finally came in. Only the big stars were still surrounded by reporters and couldn't get away.

Wang Yuanchao welcomes any reporters who help to stir up the hype.

In the past, celebrities were afraid of not being exposed, so they would spend their own money to reveal some information, even if it was just boring topics like how many puppies their dog had given birth to. Wang Yuanchao took Zou Wenhuai, Wang Danfeng, and Wang Tianlin to meet these bigwigs, so that General Manager Zou could see Boss Wang's network of contacts.

In short, if you work hard and follow Boss Wang, you will have money and status.

Those members of the society seemed particularly gentlemanly.

If they didn't have the title of general manager of those film companies, how could they be qualified to appear here? Just those cat-like police officers and cops could control them.

We used to pay tribute to the underground emperor Lu Le, but we didn’t get this kind of treatment!

Many people are smart and think that being an entrepreneur is not a bad idea, even if the honor is not suitable for them, but letting their wives, concubines, children, brothers and sisters come forward.

I used to think Zeng Qirong was just messing around, but now I feel that the underground president really cares about everyone!
So far, they have no feelings about money laundering, but they identify with this identity.

They don't dare to greet or provoke the circle of bigwigs. At most, they go to pay their respects to the sheriffs and visit the young actors to show their faces. Besides the film investment they pay tribute to, if they can get along well with the young actors, there is no problem in investing in one or two films to promote them.

They subconsciously feel that movies are of a much higher grade than the singing and acting in nightclubs and theaters!

As long as they accept this identity, they must accept the constraints of these rules.

This is also the reason why Wang Yuanchao invited them here. Otherwise, it would be too degrading to always deal with gang members.

Many staff members of Starlight Films were whispering, especially those from Wing Wah and Shaw Brothers, who just realized that the big boss and his wife were so young. General Manager Zou and the two Deputy General Managers Wang followed them in a very orderly manner. In addition, some people from Commercial Radio and Phoenix Newspaper were also present, so everyone knew about it very quickly.

Wang Yuanchao also gave face to the community film company and brought his senior management team to meet them.

Zou Wenhuai only thought that the bosses of these film companies were a bit strange, but since all 50 films depended on the investment of these companies, he did not think much about it. Wang Yuanchao did not set targets for Starlight Pictures for these 50 films, but Zou Wenhuai still wanted to do his best, even though Starlight Pictures had already invested in 10 films a year.

After Wang Yuanchao introduced Zou Wenhuai and others, it was the turn of Zou Wenhuai, Wang Danfeng and Wang Tianlin to help introduce the middle-level managers of Starlight Pictures.

Many of the key members brought by Zou Wenhuai, such as Ho Kuanchang, Liang Feng, Liu Jialiang (the martial arts instructor), etc., were well-known to Wang Yuanchao, so Wang Yuanchao was smiling happily and encouraged everyone to work hard and strive to become partners with shares in the company.

This pie in the sky made those guys who left Shaw Brothers feel that they had come to the right place. Because Shaw Brothers didn't even draw a pie in the sky, they just said the contract regulations, the contract regulations.

Zou Wenhuai had conveyed the company's philosophy to them before. After coming here, some people even followed Zou Wenhuai and his team to develop a salary, job promotion and welfare system. Now the boss personally encouraged everyone in public, using the examples of those directors and actors. Everyone felt that it was only two years and they must get shares!
Two years later, the boss took out 30% of the shares to distribute dividends to everyone. General Manager Zou Wenhuai could get 5%, and the others got the remaining 25%.

Their wages have increased, but how should the dividends be distributed? It depends on their contributions in the past two years!
Directors and actors are paid based on the box office of each movie, while they are paid based on the company's performance, which is different. Directors and actors can have ups and downs, but they can't.

Then Wang Tianlin introduced the backbone personnel from Yonghua Studio. Although Yonghua was declining, it was still the second largest film company in Hong Kong, and all its departments were very sound.

When Zou Wenhuai first came, he was embarrassed to appoint one of his own people as the head of the department. Wang Yuanchao told him directly:
“You brought so many people here, but are they not as good as the old people in Yonghua?

You are the general manager, you know the people and you are responsible for the final results. They are not responsible."

So Zou Wenhuai arranged for Ho Kuan Chang to be the head of the production department, while the others remained as deputies or ordinary staff.

Yonghua has a lot of managers, and about half of them remain in their positions. However, Wang Tianlin is a director rather than a deputy general manager, so they can't work together.

However, the new boss and general manager brought in so many film production plans that everyone could go from having no food to being able to make a living based on their own abilities. With salary ratings and stock incentives, everyone didn't have much of an objection.

There are so many films that everyone has room to shine. It really depends on one's ability.

Wang Yuanchao had no opinion on them, he just supported Zou Wenhuai. His words were still very nice, and he made big promises, regardless of the person.

Finally, Wang Danfeng introduced some old colleagues from Commercial Radio. Wang Yuanchao knew most of them. Wang Danfeng had reported to him before they came because he had to greet the station director Zhou Cong to release them. In order to appease Zhou Cong, Wang Yuanchao also proposed a plan to share artists from both sides.

In fact, it is just the initial establishment of the agent system, giving extra wages for work, radio stations set up singer agent departments, and film companies set up actor agent departments. When there is demand from both sides, they support each other and finally settle the accounts internally.

But this is not what Zhou Cong wants, he wants to expand Taiwan.

The business growth of commercial radio stations has almost reached a bottleneck. With just one channel, there is no way it can be extended to 48 hours, right?

Therefore, Zhou Cong had been planning to propose to the board of directors to apply for another channel. With the connections and social status of the board of directors and the boss, it was actually relatively easy to apply.

When Zhou Cong mentioned this, Wang Yuanchao thought it was a good thing and immediately agreed to express his support.

The boss not only created a new business for the radio station (singer management department), but also added a channel. Zhou Cong had to pat his chest and send people to support it.

(End of this chapter)