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Two days later, Ma Tengdong handed over the investigation report of Minghong Toy Factory to Xia Yu.

After reading it, Xia Yu raised her brows. It seems that Minghong Toy Factory’s acquisition value is not bad!

The land of Minghong Toy Factory is its own, and the machine has just been updated, and it is preparing to take it on a large scale. Didn’t expect was pitted by American.

Now Minghong Toy Factory is in a quagmire, the toys produced cannot be sold under squeeze, the whole factory has stopped operating, and the bank saw that the situation was far from good frantically collecting debts.

The Boss of Minghong Toy Factory has already planned to stop the loss and exit, because if it drags on like this, it will go bankrupt sooner or later. When the time comes, there will be nothing. It is better to accept the plant and find a way to stop the loss and get some money back. .

The entire Minghong Toy Factory includes land, plant and machinery. The total assets are about 5 million HKD, of which the assets of the land account for the overwhelming majority, but the accumulated debts to the bank are 4 million HKD, and the net assets are only 1 million HKD, and now One month’s wages were still owed to 158 employees.

If the delay continues, the bank’s interest rate will get higher and higher, and the assets will shrink day by day. When the time comes, once the bankruptcy is liquidated, you will not get a dime.

“In this way, the acquisition value of Minghong Toy Factory is good!”

After Xia Yu watched it, she muttered with a smile.

“Yes, Boss, I have let people analyze it. It is indeed suitable for acquisition, and the price is not very high. The price is definitely lower than 1 million HKD. The acquisition cost is small and the effect is fast.”

Ma Tengdong said nodded with approval.

The acquisition of Minghong Toy Factory now is completely profiting from somebody’s misfortune. On the one hand, the fire was caused by them, and on the other hand, it was released by the bank.

Banks are cold-faced and ruthless, they like to squeeze hard when others are not short of money, and hit a person when he’s down when others are in trouble.

But as long as Minghong Toy Factory is acquired by Jiuding Anime & Manga Co., the bank debt collectors will definitely turn around and leave immediately. Maybe they will expect Jiuding Anime & Manga Co. to borrow more.

After all, the backing of Jiuding Anime & Manga Co. is too hard and it is absolutely impossible to repay their bank money.

“Then go buy it, it will be acquired within 4 days.”

Xia Yu made a decision directly, if there are any omissions, can’t you be stupid? What’s more, most of the assets are land, and now you buy it and earn it.

“Understood, I’ll make arrangements later.”

Ma Tengdong immediately nodded in response.

……

When I came to Jiuding Newspapers Co., not long after sitting down, I saw Yan Wenhan approaching him with a strange expression.

Xia Yu brows slightly raise, looked towards the newspaper in Yan Wenhan’s hand, and asked softly: “What’s wrong?”

“Boss, look, “Sing Tao Daily” has been revised, and Sing Tao News Agency has even been launched.”

Yan Wenhan handed the newspaper to Xia Yu and explained.

Xia Yu was surprised now. It seems that it hasn’t been a month since I learned that Sing Tao News Corporation is going to build a news agency. Will it be put into use so soon?

Are you kidding me?

You know that with the control of Xia Yu and the investment of huge resources, Jiuding News Agency took 2 months to build a success. Is Sing Tao News Corporation better than him?

Xia Yu is absolutely unbelievable. If he has this ability, will he be defeated by Jiuding Newspapers Co.?

Unable to figure it out, he immediately took the newspaper that Yan Wenhan handed over, and started to browse it, and found that “Sing Tao Daily” had indeed been revised, with an additional international news section, and the space occupied by the section reached nearly 1/3. Much.

Below these news, it is uniformly marked that the news comes from Sing Tao News Agency, or some news quotes “according to Sing Tao News Agency…” at the beginning.

Just looking at it again, Xia Yu stretched his brows and quickly looked towards other news. He found that the heaviness of these news was a little unusual, and the level of news writing was much worse than that of Jiuding News Agency.

At the end, Xia Yu retracted his gaze, mouth raised a smirk, not knowing whether he was happy or mocking, shake the head snorted.

He understood why Yan Wenhan’s expression was strange.

Sally Aw is fainted and confused.

If you look at these news levels, you can know the level of Sing Tao News Agency, and there is no way to compare it with Jiuding News Agency.

He was also wondering how Sing Tao News Agency was able to use it so quickly. It turned out to be a semifinished product, and it was put into use before it was built. This decision was too unwise. Sally Aw was also a shrewd person. Did such a stupid thing.

Although the total physique volume of “Sing Tao Daily” has increased a bit compared with before, there is still no way to compare with “Fengyun Daily”.

As long as it is not comparable, no matter how much the improvement is, it is still at most an Old Second. The rays of light will be covered up, or it will not play a key role.

“The outcome has been determined! I thought I would have to fight for a while. It seems that those methods are not available.”

Xia Yu shook his head and sighed.

“Yeah, Boss, I also didn’t expect, and I looked up to her before, didn’t expect when it was a critical moment, I was in a mess. It seems that not every woman is capable of being in a high position.”

Yan Wenhan also echoed.

He also didn’t expect that his opponent had lost his mind and made such a stupid decision.

Originally, Sing Tao News Corporation missed the first opportunity. The only way was to stabilize its position and wait for an opportunity to counterattack when Sing Tao News Agency was built.

But if you enable it in advance, it won’t have any effect, although you can use it to create a run-in.

But you must know that readers don’t have the patience to play the development game with “Sing Tao Daily”, first impression is very important.

There is no harm if there is no comparison. With the jade of “Fengyun Daily” ahead, “Sing Tao Daily” is not as good as “Fengyun Daily” after the revision. Who wants to watch it?

The current situation can be described by an example. Jiuding Newspapers Co. and Sing Tao News Corporation are both sharpening their knives, but the opponent’s Sing Tao News Corporation didn’t even open the front, so they took it out and tried to kill people. I think too much, I can’t even kill a chicken!

“Wenhan, the acquisition of “South China Morning Post” is over, right?”

Xia Yu suddenly asked, although it has only been a few days, there is no difficulty in this acquisition.

Jiuding Newspapers Co. already holds 84.9% of the shares and is fully able to control the shareholder conference.

For mandatory delisting and privatization, shares will have an agreed closing position price, and the shares in the hands of other shareholders will automatically close according to the agreed closing position price, and shareholders have no choice.

If you don’t sell it, it will be worthless!

So the remaining 15.1% shares can be recycled just like recycling waste. There is no difficulty, a few days, it is enough!

“Boss, the acquisition has been completed, and now 100% equity shares of “South China Morning Post” are in our hands. The acquisition of “South China Morning Post” cost a total of 11.5 million HKD.”

Yan Wenhan truthfully reported.

“Good job!”

Xia Yu smiled appreciatively.

11.5 million HKD. I bought the first “South China Morning Post” of English newspaper. It can be said to be very cheap. You must know that the same 110,000 daily sales copies of “Nanyang Siang Pau” cost 12 million HKD. Now, “South China Morning Post” “China Morning Post” is 500,000 HKD cheaper.

As a result, the acquisition cost 12 million HKD for “Nanyang Siang Pau”, 11 million HKD for “Sin Chew Daily”, 2.2 million HKD for “Tin Tin Daily News” and “South China Morning Post” 11.5 million HKD, a total of 36.7 million HKD was spent.

Before the acquisition, Jiuding Newspapers Co. had 25 million HKD in liquidity, and also borrowed 20 million HKD from HSBC bank loan, totaling 45 million HKD.

Excluding the funds spent on the acquisition, Jiuding Newspapers Co. now has 8.3 million HKD of working capital left, which is completely sufficient to support the normal operation of the company.

“How is the integration of the 4 newspapers now? When will it be completed?”

Xia Yu asked again.

“Boss, “Nanyang Siang Pau” and “South China Morning Post” are newspapers that focus on business and finance. We are very experienced in this area. Before, our “Jiuding Daily” was limited by layout issues, and many articles had no place. Now you can put these articles on “Nanyang Siang Pau”.”

“Especially the “South China Morning Post” is the easiest to rectify. You can translate part of the news on “Jiuding Daily” into English and publish it. The quality will be greatly improved, and the influence of our “Jiuding Daily” will be greatly improved. British infiltrated.”

Xia Yu is slightly nodded and agrees with Yan Wenhan’s analysis and practice.

“As for “Sin Chew Daily”, the more important thing is to use Jiuding News Agency to revise the edition. Its own editing system is good. There is no need to make major changes. As long as you publish some high-quality news from Jiuding News Agency to it, you can improve it. The quality of newspapers, with the help of our original channels, the increase in sales is not a problem.”

“The last “Tin Tin Daily News” is the most rectification effort, but because the newspaper office is small and difficult, the employees of “Tin Tin Daily News” enjoy better treatment, and they are now motivated to work.”

“In terms of the operating system, the problem is not big. Now the biggest action is the distribution system. The distribution system of the 4 newspapers is being quickly integrated, especially the “Nanyang Siang Pau” and “Sin Chew Daily”. After that, our distribution channel in Southeast Asia will take another step.”

“But it’s been done for the most part now, and 5 newspapers can be integrated for up to 4 days!”

After introducing the situation, Yan Wenhan made a guarantee.

Xia Yu said with a smile: “Very good, just follow your ideas.”

“Okay!” Yan Wenhan nodded responded.

Suddenly, Yan Wenhan thought of something and immediately said: “Boss, you asked me to help you recruit a secretary. Now that I have received a lot of resumes, I have eliminated some of the bad ones. When do you have time for an interview?”

After speaking, Yan Wenhan stood quietly on the spot, waiting for Xia Yu’s order.

Boss recruits a secretary. He can’t do this. The best thing is to let the Boss interview in person. After all, the secretary can be said to be the person closest to the Boss. He should be careful.

Xia Yu raised her brows, thought about it, and said, “Just 3:00 pm today, let them know and let them all come here for an interview.”

“Okay.” Yan Wenhan said respectfully.

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