I Want To Be a Rich Man on Hong Kong Island

The headquarters of the Oriental Media Group is located in the Oriental Building in the Central District of the island;

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

There is also a reason 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 of the Central District of this island, there are many conveniences and Feng Shui here!

Wu Guangyao came to Oriental Media Group and held a high-level management meeting.

The vice presidents of the group, Yang Kang and Shen Baoxing, as well as the four major subsidiaries of Dongfang Newspaper Lv Qingshan, Dongfang News Agency Fang Xueming, Dongfang Publishing House Li He, Yang Yang Dongfang Printing Factory Yang Yang, a total of six people, these are the current executives of Dongfang Media Group.

Wu Guangyao looked at everyone with satisfaction. The faces of these people were full of confidence and passion, which fully demonstrated that the Oriental Media Group was on the rise.

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

The smile on Yang Kang's face immediately enlarged, and he said: "The company is steadily increasing 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 in the company's account, waiting for the boss Shiner!"

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

Wu Guangyao naturally knew that Oriental Media Group had money in its account;

In the past three or four years, Oriental Media Group has made a profit of several million Hong Kong dollars every year without any major investment;

Gradually, the money in the account increased;

The reason why it was not used or withdrawn was because Wu Guangyao planned to store it in the company's account and make investment later.

Putting it in my purse is also stored in the bank, so I don't bother to bring it out!

Of course, a small portion is still used for shareholder dividends every year, after all, the mouths of the employees who own 10% of the shares must be blocked.

"Do you think that 26 million Hong Kong dollars is a lot, and you are going to increase your business soon. I don't know if this amount of 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 starts first! "Wu Guangyao changed the subject.

Lu Qingshan quickly sorted out his thoughts, and said: "The various newspapers of the Oriental News Agency are developing well, and the sales are rising steadily. These are all thanks to the support of the Eastern News Agency. In addition, you often tell us to catch news hot spots ( Murdoch style); so our newspaper has obvious advantages and has accumulated a lot of loyal readers."

"Oriental Daily has been transformed into a comprehensive news newspaper, with a current daily sales volume of about 85,000 copies; "Ming Pao" has a daily sales volume of about 36,000 copies; the rankings of these two newspapers in the Chinese newspaper industry are respectively Number one and number four."

"Local newspapers: "Morning News" from Sing Tao, "Morning Post" from Malay, and "Morning Post" from Thailand. The sales volume of the three newspapers fluctuates around 10,000 copies."

"In terms of magazines: the sales volume of each issue of "Economy Weekly" is about 50,000 copies, and the sales volume of each issue of "Fashion Weekly" is about 10,000 copies; in terms of magazines, our total sales account for about 75% of Hong Kong Island."

"Dongfang News last year had a net profit of 6 million Hong Kong dollars, an increase of 20% over the previous year..."

After listening to Lu Qingshan's report, Wu Guangyao couldn't help showing a satisfied smile;

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

The Hu family, which ranked second, has become farther and farther away from the strength of Dongfang Media, and the difference is a few hills.

"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' teaching!"

Wu Guangyao nodded, and then asked Fang Xueming of the Eastern News Agency to report the situation.

Fang Xueming wears a pair of glasses, but his eyes are full of radiance, and his grades are gratifying.

"Eastern News Agency has been increasing investment and expanding the size of its team in recent years; now it has 1 news processing center, 56 offices in various parts of Asia, 12 offices outside Asia, and a total of 825 employees, including first-line reporters and editors. A total of 515 people."

"Currently, Eastern News Agency's reputation spreads 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, Eastern News Agency's net profit was 2.2 million Hong Kong dollars, and the gross profit was 3.8 million Hong Kong dollars."

Wu Guangyao was a little excited when he heard this, and said, "Good thing, the gross profit is so high!"

"Well, if it wasn't for entering places outside Asia, then the net profit would 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 the turn of Yang Yang from Dongfang Printing Factory to report. Yang Yang showed no timidity on his face, and the first sentence he spoke was: "Currently, Dongfang Printing Factory has undertaken 100% of the business of Dongfang Media Group. Our Dongfang Printing Factory can be said to be based on cost price. I am serving a brother company. Even so, we did business with other companies and made a profit of 300,000 Hong Kong dollars last year."

"However, some time ago I went to Heidelberg, Germany to investigate, and their flat printing machine technology is already very good; I want to phase out the convex printing machine in the printing factory, so I hope to start retaining profits for replacement equipment."

Wu Guangyao heard this, and immediately said: "Support! As long as you have advanced equipment, you can replace it immediately. I heard that flat printing machines are less polluting, less harmful to the human body, and have much higher efficiency, so we need to replace the equipment as soon as possible. , the group company should be quicker to allocate funds."

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

Finally, there is Li He from Oriental Publishing House. Li He’s face is as flat as water, and he said calmly: "The profit of Oriental Publishing House last year was 800,000 Hong Kong dollars, but the annual loss of Oriental Library, which is a charity, is about 500,000 Hong Kong dollars." , so the net profit is 300,000 Hong Kong dollars......."

Wu Guangyao nodded. There was no accident. The Oriental Library is a true charity organization on Hong Kong Island. You can browse the books in the library by the way. The library also provides a lot of seats for citizens to read;

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

But there are not many people who can read books for free, buy books and borrow books;

Moreover, the Oriental Library also has various charitable acts of donating books every year.

"Charity is also a kind of wealth!"

Wu Guangyao expressed his opinion, which resonated with everyone, and everyone applauded.

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 decide the next step of the group company."

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

Wu Guangyao's words surprised everyone!

It's not that Oriental Media Company doesn't like Hong Kong Island Commercial Radio, but that the boss showed no interest in the Hong Kong government's bidding for commercial radio in 1959, but now why is it spending so much energy to acquire Hong Kong Commercial Radio?

"One moment, another moment!" Wu Guangyao didn't explain too much, if he missed it, he missed it, and there is no need to investigate the reason.

Yang Kang thought for a while, and then said: "There are only three radio stations in Hong Kong Island, the Hong Kong Radio Station run by the government, the British Military Radio Station serving the garrison, and the private Commercial Radio Station; the three operating purposes and restrictions are different, so the As a result, the commercial radio station has no competitors, and its development is very smooth; in addition, Ho Zuozhi is backed by Hong Kong government celebrities, executive council members Luo Wenhui and Sir Tang Shiu-kin, so Ho Zuozhi may not be willing to sell!"

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

Wu Guangyao's words made the six people stunned!

Just when everyone was in a daze, Wu Guangyao's voice came again.

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

Everyone froze again, and the conference room soon burst into laughter.

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