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Published at 25th of December 2023 05:16:21 AM


Chapter 345: [There is no problem that money cannot solve! 】(

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Chapter 345 [There is no problem that money cannot solve! 】(Ask a monthly pass!)

The headquarters of Oriental Media Group, located in the Oriental Building in the central district of the island;

East Building is owned by Cheung Kong Real Estate, one of the five old-fashioned buildings.

There are also reasons why Oriental Media Group did not move into the commercial building in the center of the Yangtze River;

Because the media industry is not easy to leave the business district in the central area of ​​the island, there are a lot of convenience and feng shui!

Wu Guangyao came to Oriental Media Group and held a senior management meeting.

Group Vice President Yang Kang and Shen Baoxing, as well as four major subsidiaries of Oriental News Lv Qingshan, Oriental News Agency Fang Xueming, Oriental Publishing House Li He, Yangyang Oriental Printing Factory Yang Yang, a total of six people, these are the current executives of the Oriental Media Group.

Wu Guangyao looked at everyone with satisfaction. The faces of these people were full of confidence and passion, which fully shows that the Oriental Media Group is in the rising stage.

"Yang Kang, is there anything good to report to me?"

The smile on Yang Kang's face immediately magnified, and he said: "The company is steadily rising in all aspects, and there is nothing special to report to you; but there is one thing to remind the boss. There is 26 million Hong Kong dollars lying on the company account, waiting for the boss. Smile!"

Wu Guangyao was taken aback, this Yang Kang has learned to be courteous, he was infected by Shen Baoxing!

East Media Group has money in its accounts, Wu Guangyao naturally knows;

In the past three to four years, the Oriental Media Group has not made a large investment, and has made a profit of several million Hong Kong dollars every year;

Gradually, more money on the account;

The reason why he didn’t use and withdraw was because Wu Guangyao planned to keep it on the company’s account and make investments later.

Put it into your wallet, it is also in the bank, so I don’t bother to bring it up!

Of course, a small part of the dividend is paid out every year. After all, it is necessary to silence the employees who own 10% of the shares.

"Do you think that 26 million Hong Kong dollars is so much. We are about to increase business. I don't know if this little money is enough?"

Hearing Wu Guangyao's words, everyone's spirits were shaken. What kind of business do you need to develop? So much money?

"The person in charge of the subsidiary will report the situation first, Manager Lu first!" Wu Guangyao changed the subject.

Lu Qingshan quickly sorted out his thoughts and said: "The various newspapers of the Oriental News Agency have developed well, and their sales are steadily increasing. These are all supported by the Oriental News Agency, and you often tell us to catch the news. ( Murdoch style); so our newspaper has obvious advantages and has accumulated many loyal readers."

"The "Oriental Daily" has been transformed into a comprehensive news newspaper. The daily sales volume is about 85,000 copies; the daily sales volume of Ming Pao is currently about 36,000 copies; the rankings of these two newspapers in the Chinese newspaper industry are respectively First and fourth."

"Local newspapers: Sing Tao’s "Chao Wen Tian Xia", Malay "Morning News", and Thailand’s "Morning News" all sold around 10,000 copies."

"Magazines: "Economic Weekly" sells about 50,000 copies per issue, and "Fashion Weekly" sells about 10,000 copies per issue; in terms of magazines, our total sales account for about 75% of Hong Kong Island."

"Oriental News reported a net profit of 6 million Hong Kong dollars last year, an increase of 20% from the previous year"

After listening to Lu Qingshan’s report, Wu Guangyao couldn’t help but smile with satisfaction;

From these data, although Oriental Media Group does not monopolize the Chinese newspaper industry on Hong Kong Island and Southeast Asia, it is a proper leader;

The Hu family, who came in second, has drawn farther and farther from the strength of Eastern Media, a few hills behind.

"Very good results! But I hope you will continue to work hard. The market is changing rapidly. If you do not advance, you will retreat!"

"Yes, I will remember the boss's teaching!"

Wu Guangyao nodded, and let Fang Xueming from the Eastern News Agency report the situation.

Fang Xueming wears a pair of glasses, but his eyes are full of vigor, and his results are gratifying even if he wants to come.

"Eastern News Agency has been increasing investment and expanding the scale of its team in recent years; it currently has 1 news processing center, 56 offices across Asia, 12 offices outside Asia, and a total of 825 employees, including frontline reporters and journalists. There are 515 people in total."

“At present, the reputation of Oriental News Agency is spread all over Asia, and the efficiency of news quality has been widely recognized. The cooperative media has spread all over Asia, with as many as 70 partners."

"Last year, Oriental News Agency had a net profit of 2.2 million Hong Kong dollars and a gross profit of 3.8 million Hong Kong dollars."

Wu Guangyao was excited after hearing this, and said: "Good thing, gross profit is so high!"

"Well, if you don't want to enter outside Asia, then the net profit will be even higher!" Fang Xueming said excitedly.

Wu Guangyao waved his hand and said jokingly: "I like zero net profit. Only when money is invested can more profits be generated."

"The boss is brilliant!"

It was Yang Yang’s turn from the Oriental Printing House to report. Yang Yang didn’t have the slightest timidity on his face. The first sentence he opened was: “At present, the Oriental Printing House has undertaken 100% of the business of the Oriental Media Group. We are serving brother companies. Even so, we did the business of other companies and made a profit of 300,000 Hong Kong dollars last year."

“However, some time ago, I visited the Heidelberg company in Germany. Their flat printing press technology is already very good; I want to gradually eliminate the convex printing press in the printing plant, so I hope to start to intercept profits and use it to replace equipment."

Wu Guangyao heard it and immediately said: "Support! As long as you have advanced equipment, you can replace it immediately. I heard that flat printing presses are less polluting, less harmful to the human body, and more efficient, so we need to replace the equipment as soon as possible. , The group company grants money quickly."

Shen Baoxing and Yang Kang nodded immediately, Yang Yang quickly expressed their thanks!

Finally, Li He from the Oriental Publishing House, Li He's face was as plain as water, and he calmly said: "The profit of the Oriental Publishing House last year was 800,000 Hong Kong dollars, but the Oriental Library, which is a charity, loses about 500,000 Hong Kong dollars every year. , So the net profit is 300,000 Hong Kong dollars."

Wu Guangyao nodded, no accident. The Oriental Library is a real charity on Hong Kong Island. The books in the library can be read casually. The library also provides a lot of chairs for the public to read;

Only by borrowing books and going out and buying books, there will be a little profit.

But there are not many people who can read books for free;

Furthermore, Eastern Library has various charitable acts of donating books every year.

"Charity is also a kind of wealth!"

Wu Guangyao expressed his opinion, which aroused the resonance of everyone, and everyone gave applause.

Wu Guangyao concluded: "I am very satisfied with the work you have done, and everyone will continue to move forward. This meeting is not only to summarize our work, but also to determine the next step of the group company."

"I intend to initiate an acquisition of Hong Kong Island Commercial Radio!"

Wu Guangyao’s words surprised everyone!

It’s not that the Oriental Media Company didn’t see Hong Kong Island Commercial Radio, but the boss showed no interest in the Hong Kong Government’s tender for commercial radio stations in 1959, but now why is it necessary to spend a lot of energy to acquire Hong Kong Island Commercial Radio?

"Now and then again!" Wu Guangyao did not explain too much. If you missed it, you missed it. There is no need to pursue the cause.

Yang Kang thought for a while and said, "There are only three radio stations on Hong Kong Island, the government-run Hong Kong station, the British army station that serves the garrison, and the private commercial station. The purpose and restrictions of the three are different, so they As a result, the commercial radio station has no competitors, and its development is very smooth. In addition, Ho Zuozhi is backed by the Hong Kong government political celebrities, the Executive Council Member Luo Wenhui and Sir Tang Zhaojian, so Ho Zuozhi may not be willing to sell!"

"There is no problem that money can't solve!"

Wu Guangyao's words stunned the six!

Just when everyone was startled, Wu Guangyao's voice came again.

"If there is, it must be that there is not enough money!"

Everyone froze again, and the meeting room quickly burst into laughter.

"The boss's words are very incisive!" Even Li He, who has always been calm as water, couldn't help but smile.

Masters! Voting for a monthly pass!

(End of this chapter)




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