Volume 6: The Great Change Chapter 0800: Selling Donglaiwu
What a ridiculous night!
The next day, Nan Yi returned to Fang's manor, washed up, and changed into a tailor-made slim suit. In an instant, his whole body was filled with sanctimoniousness.
After sitting in the living room for a while, Nan Yi got up and walked towards the garage after receiving a notification from the gatekeeper that someone had arrived.
The school beauty drove the car to the door and stopped. Not far away, a woman got out of the driver's seat of a car, holding a stack of documents, and walked straight to Nan Yi's car, opened the door, and got into the back seat.
"Nansheng."
"Meggie, thank you for your hard work. I made you fly back from Bombay."
"It's not hard." Shen Zhihui said modestly, and handed a folder to Nan Yi, "Nansheng, it contains the shipment record of Donglaiwu Media's shares on the Hong Kong Stock Exchange."
Shen Zhihui was the human resources director when Fang Group was first established. After Fang Mengyin took over Fang Group, Nan Yi sponsored Shen Zhihui to obtain a barrister's license in accordance with her own ambitions. She then successfully entered the Catfish Law Firm and was later selected by Nan Ruoyin to be a secretary.
"Let's see later. I want to ask you a question." Nan Yi waved his hand and said.
"Nansheng, please speak."
"You are closest to Ruo Yin. In your opinion, is she qualified to be a manager?"
Shen Zhihui thought deeply for a while, then said carefully: "He has both ability and experience, but he is still too young, so he is easily looked down upon and ignored by others."
"Well, she's going to college soon. For the first two years, I want her to be fully free from work, so you need to take over all of her work. Ha, this sentence seems a bit redundant. You have already taken on most of her work."
Shen Zhihui said modestly: "No, the main decision was made by Miss Rachel herself."
"It doesn't matter what. Ruoyin is still young and may not be able to consider some things very thoroughly. I have always been watching your work performance. Ruoyin is my daughter, understand?" Looking into Shen Zhihui's eyes, Nan Yi's voice rose and fell, emphasizing certain words.
"Nansheng, I understand." Shen Zhihui nodded solemnly.
“What was the closing price yesterday?”
“6.6.”
“It’s a lucky number.”
Nan Yi muttered to himself, took the folder from Shen Zhihui and started reading it.
He just glanced over the details of the shipment and quickly turned his attention to the final summary - a total of 7.2 million shares were shipped, with an average price of HK$6.1, and funds recovered of HK$43,920,000.
This means that the shares held by Nan's company have been reduced by 3%, leaving 18.5% of the shares scattered among N companies, plus 23% held by Wang Li, totaling 41.5%.
"Meggie, if Fang's company puts up a placard on the Hong Kong Stock Exchange and announces a hostile takeover of Donglaiwu Media, how much do you think the stock price will rise?"
While asking questions, Nan Yi called Zhao Shixian. Without waiting for Shen Zhihui to answer, he repeated the question to Zhao Shixian.
"Nansheng, it can go up by at least 5 dollars."
"Let me do it. It's no problem to pay more than $30."
"Will it be ugly to eat?"
"Haha, it's not ugly, it's extremely ugly." Zhao Shixian laughed wildly on the other end of the phone.
"Oh, I'm hung up."
3 billion Hong Kong dollars was not enough to make Nan Yi abandon the Fang Group, which he had worked so hard to build. In 1997, Asia was hit by a financial crisis, and the Quantum Fund had to coerce international hot money to attack Asia as planned. If it dared not to come, Soros would have the opportunity to play Russian roulette at the table, and he would have to bear the blame and the infamy even if he didn't want to.
Nan Yi hung up the phone and patted the back of the passenger seat. When Tiger Cub heard the noise, he handed over a folder. Nan Yi took the folder and handed it to Shen Zhihui.
"Inside is a letter of authorization issued by all the companies that hold Donglaiwu Media. In a moment, you will go upstairs and talk to Wang Yan on my behalf. As long as he pays 6.5 Hong Kong dollars, the shares he holds on behalf of others can be sold to him.
Tell him that there is only one condition: within two years, these shares must belong to him and cannot be transferred to anyone else’s name.”
"clear."
Nan Yi picked up the phone again and called Pan Disheng.
After some pleasantries, Nan Yi got down to business. "18.5% of Donglaiwu's shares, 310 million, do you want it?"
"7 dollars a share?"
"right."
"Can it be a little less?"
"Mr. Pan, do you think it's okay for me to sell it to a Taiwanese guy for $9?"
Pan Disheng was silent for a while, "Pay it off within one year."
"Yes, under two conditions. First, the price must be changed to 320 million, and the first payment cannot be less than 150 million. Second, the shares cannot be transferred within two years. The mortgage loan is fine."
There was another long silence.
"You should have more than just this share."
"Yes, wait for my news for the rest. I need to communicate with Wang Yan first."
"Now?"
“On the way.”
"I'll go over there."
"good."
Pan Disheng is coming over, so Shen Zhihui doesn't need to represent him anymore.
After a while, Nan Yi and Shen Zhihui entered Wang Li's office and sat facing Wang Li.
"Ah Xiang, 358 million, pay it off within one year, and I won't charge you interest, but you can't sell the shares within two years."
Nan Yi quoted Wang Li a price that was slightly lower than 6.5 yuan, and also gave him time to raise the money. One should remember where the water came from. Wang Li had made an indelible contribution to the current status of Donglaiwu, so Nan Yi naturally had to give Wang Li some benefits.
The reason why Nan Yi stipulated that the shares could not be sold for two years was that he wanted to withdraw quietly. The 23% shares were originally under Wang Li's name, and selling them to him would not cause any waves. In addition, the company that held 18.5% had three layers of wholly-owned and cross-holding companies behind it. What he wanted to sell was not the Donglaiwu shares, but the ownership of those companies behind it.
They are all offshore companies. Just signing a few signatures and changing the official seal is equivalent to transferring ownership, which is very convenient. The shareholder list of Donglaiwu Media will not change after the share transfer, and naturally it will not cause stock price fluctuations.
In addition, Nan Yi also wanted to compensate for the gap in his heart. Regardless of the way he acted, the Nan family could get several times more profits. By putting aside his feelings for Hong Kong films and directly selling shares to the Taiwanese, he could earn tens of millions more.
Just to maintain good eating manners and inseparable feelings, the Nan family lost more than 2 billion and tens of millions of Hong Kong dollars.
With such a huge loss, I can't just sit there and watch others buy it at a low price and then sell it at a high price immediately. I have to hold it for a while, go through some twists and turns, and be worried for a while. If I can run it well, Nan Yi will be more satisfied.
Wang Li was very satisfied and tempted by the price offered by Nan Yi, but being tempted was of no use. The key point was that he had no money. He did not keep a penny of the dividends from the previous few years, as well as the director's fee and screenwriter's fee. He used it all to speculate in real estate. Not to mention using the money to buy stocks, even going to nightclubs had to be reimbursed by the company. Most of his monthly salary had to be used to pay the mortgage.
Wang Yan said awkwardly: "Nansheng, I really want the shares, but I don't have any money. Even if I mortgage all my shares, I can't borrow so much money."
"That's not a problem. It depends on whether you really want it. If you really want it, you can use my shares as collateral. 35.5% of the shares, at the current share price, is enough for you to buy my shares even at a 30% discount. Of course, you have to think carefully about whether you can afford to take on such a large debt."
According to the current market situation of Hong Kong films, as long as Wang Wei has not run out of ideas and does not act recklessly, there will be no problem for the share price of Donglaiwu to reach a new level in two years. For him, the probability of making a fortune by buying shares is very high. This is a good deal.
"I……"
Just as Wang Ming was about to speak, there was a knock on his office door.
The person who came in was Wang Ming's secretary, Pan Disheng.
After some communication, Pan Disheng learned about the transaction between Nan Yi and Wang Li. He did not have any objection to the price. As a person with both emotional intelligence and IQ, Pan Disheng could easily understand that there was "favor" in the transaction between Nan Yi and Wang Li.
"Mr. Wang, if you don't want Nansheng's shares, you can give them to me. Even if they are your shares, I can buy them."
Pan Disheng's words did not make Wang Ming give up his shares. Instead, they reaffirmed his determination to buy the shares. After a mental struggle, Wang Ming gritted his teeth and said, "Nansheng, I want the shares."
"What a pity." Pan Disheng shook his head in disappointment, "Nansheng, let's continue our deal."
Nan Yi gestured to Shen Zhihui, "Meiji, Shen Zhihui, she will represent me in the next transaction. Ah Xiang, Mr. Pan, I will stay in Xiangkeng for a few more days. I will treat you two to a meal after the transaction is completed. By the way, Ah Xiang, Ms. Gong Xue from Wangbei Media will come tomorrow to coordinate the advertising business. She will take away some of the product placement business that Donglaiwu was previously responsible for."
"No problem." Wang Li nodded simply.
Wang Li was very clear that the "part of the business" that Nan Yi mentioned belonged to Fang's business. These businesses could not create much profit for Donglaiwu and could only earn some hard work fees. He didn't care whether Nan Yi took them away or not.
In fact, even if Nan Yi didn’t say hello, it wouldn’t be a big problem, as long as future business is no longer conducted through Donglaiwu.
For Nan Yi, the scattershot type of advertising placement in Hong Kong films no longer makes much sense. In the future, he will switch to precision investment, increasing investment and advertising efforts in films with relatively high box office. As it happens, Nan Yi has a rough idea of the Hong Kong films and fashion dramas that have relatively high box office.
He couldn't remember the annual box office rankings, but as long as he listened to the title of the film and then looked at the script and the cast list, he could basically tell whether the box office would be good by comparing it with his memory.
When leaving Donglaiwu, Nan Yi also got the TV series shooting schedule of TVB and ATV from the person in charge of advertising. He sat in the car and started to look at it.
ATV's shows include "Winner Takes All", "Cello and .38", "Electric Shock Love", "Give Me Back My Life", "Chinese Heroes: Chinese Pride", "The Rich Family", and "The Supreme Sword".
Judging from the names, Nan Yi only knows "The Winner is King", "Chinese Heroes: Chinese Pride" and "The Rich Family". The only one he has watched is "Chinese Heroes: Chinese Pride". He forgot which channel he watched it on, but it must have been broadcast in mainland China and was very popular for a while. Although the world background is a bit early, Lafeng red wine and Xiongqi drinks can still be implanted.
I have seen "Winner Takes All" on the short video platform. Judging from the comments, many people have watched this drama, and the reviews are not low. Nan Yi glanced at the cast list and found 43-inch long legs, so he wrote a line under the TV name: "Ask if they show their thighs. If they do, I will vote. If they don't, I won't vote."
"The Rich" is to be confirmed, and the others are just PASSED.
After watching ATV, Nan Yi picked up the TVB watch. There were quite a few dramas, but he only had some impression of "Dancing with Lang" and "Grey Net". He had heard of "Dancing with Lang" but had never watched it, and he had only watched "Grey Net" on a short video platform. The drama was not bad, but he remembered that several Hong Kong drama fans said in the comments that they had not watched it, so it seemed that it was not widely circulated.
In order to prevent the possible name change during the broadcast, Nan Yi also read the introduction again to confirm that there was no omission. He was slightly disappointed. This year, TVB would not be able to make a penny from him.
Just after he finished looking at the two tables, Nan Yi's phone rang. When he picked it up, it was his grandmother Fang Mengyin calling.
"Grandma, what do you want me to do?"
"Where are you?"
“Central.”
"Li Tongban just called me. He wants to meet you."
"Grandma, tell me Li Tongban's private number and I'll call him."
