Chapter 26 Company Development
During the development of the company, Zhao Yingying's shares were partially diluted. All of Zhao Hong's royalties were used for the development of the company. As a result, his shares increased. Although Zhao Hong said it didn't matter, her sister insisted on doing so. Zhao Yingying
She doesn't want to take advantage of her brother. Her shares are now about 35%, while Zhao Hong's shares have increased to about 65%. They both maintain 5% of the company's shares.
At that time, the market value of DreamWorks Group was about 2 billion Hong Kong dollars, so on the surface, their net worth was only about 200 to 300 million Hong Kong dollars.
Zhao Hong's parents found it unbelievable. After more than a year of development, Meisheng Bank's assets only exceeded HK$3 billion. This has caused heated discussion in the financial industry, but it only took the two juniors more than a year.
With the hard work of two generations of them, the development of Meisheng Bank is gradually accelerating. DreamWorks Group’s capital flow is through its account. Of course, the development of DreamWorks cannot be separated from the support of its own bank.
In the period after 1980, the company was developing steadily, and the comic book "Dragon Ball" was launched. It mainly tells the story of Sun Wukong and his friends embarking on an adventurous journey in order to find the seven dragon balls that can fulfill their wishes.
An inspirational story about moving forward courageously and breaking through yourself on the way with the belief of becoming stronger.
"Journey to the West" is one of China's four great classics! In his previous life, Zhao Hong saw the Dragon Ball comic released on RB. He was very upset, so he went to buy a copy and read it. After that, he couldn't stop at all. It was so irritating.
Now that we have such a good opportunity, of course we have to be the first to take advantage of it and follow our own path so that others have no way to go. The launch of "Dragon Ball" caused a sensation in the entire comic circle. It was well-received outside Hong Kong and also caused huge repercussions throughout Southeast Asia, especially
It is the most popular in RB. Each issue of the comic requires two million copies and is priced at 10 Hong Kong dollars. The company makes a net profit of 5 Hong Kong dollars per copy. The external sales of "Kung Fu Panda" have also increased sharply. The comic is published bimonthly.
The comics alone make a net profit of NT$30 million every month, and earned more than HK$500 million in one and a half years.
The profit of the toy factory is also relatively objective, mainly due to the good panda toys and the props in "Dragon Ball". Now not only the money for buying the toy factory is earned back, but there is also a surplus of 300 million. You must know that buying the toy factory cost a lot of money.
Three hundred million Hong Kong dollars! The main reason is that the factory land is valuable, about fifty acres, and it is only more than five miles away from the Central shopping street. The surrounding area is relatively prosperous, and the toy factory is also quite large, with five or six production lines.
It also cost 200 million to acquire the clothing factory. Fortunately, we have the support of Meisheng Bank. Otherwise, we really wouldn’t have been able to come up with so much money. Now Mengjiaren Clothing has just recovered its cost, mainly because of the large number of advertisements and strong promotion efforts.
Advertising throughout Southeast Asia, now the popularity is steadily increasing, and the profits will be considerable in the coming year.
Now the company has not only paid off all the bank loans, but also spent more than 300 million Hong Kong dollars to repair its own building. The current cash flow is more than 1.2 billion Hong Kong dollars. After more than a year of development, DreamWorks' assets have been valued at more than 4 billion.
In Hong Kong dollars, Zhao Hong’s personal assets easily exceeded 3 billion Hong Kong dollars.
Zhao Yingying originally planned to build another building immediately, but was stopped by Zhao Hong. Did he know that Mrs. Thatcher’s visit to China next year would be a nightmare for Hong Kong real estate. What she has to do now is to slowly convert Hong Kong dollars into US dollars.
, store a large amount of cash flow, so that you can buy the bottom one year later. If you build any houses at that time, it will be more cost-effective and easier to buy them directly. Isn't it wonderful?
My own Meisheng Bank must also be prepared now. After the secret exchange between Zhao Hong and the old man, the bank will collect gold in the next time as a bank deposit, and also recover the loans issued, and the bank's flow will be relaxed
The cash was secretly converted into U.S. dollars, and Zhao Hong's company's cash was also converted into U.S. dollars through its own bank.
Now Meisheng Bank ranks among the top ten banks in Hong Kong. Its savings amount reaches more than 20 billion Hong Kong dollars, and its actual assets reach more than 4 billion. Now it is the boss of the Chinese banks in Hong Kong. This is closely related to the development of DreamWorks.
To a certain extent, DreamWorks’ monthly turnover is very considerable, and employees’ salaries are paid through the account of Meisheng Bank.
Today's DreamWorks is also a large group worth more than 4 billion, and it ranks among the best in Hong Kong. Now it mainly operates clothing, publishing, comics, toys and magazines. The newly built building is called DreamWorks Building, and it is now worth 500 million Hong Kong dollars.
, it cost 300 million Hong Kong dollars to repair, and the value of the building increased by 200 million Hong Kong dollars after it was completed. This shows how crazy the housing prices are.
During this process, three or four cinemas were acquired one after another at a cost of HK$30 million, and they were renovated and upgraded at a cost of HK$20 million. The large screening hall was changed into a small screening room, and all the seats were replaced with comfortable ones.
It cost 50 million Hong Kong dollars to install soft chairs and introduce the best projection system. It can be said that this is the best cinema in Hong Kong.
Zhao Hong also plans to build a leading theater in the DreamWorks Building, leaving a thousand-seat hall for premieres. The decoration alone will cost about 15 million Hong Kong dollars, and the company has about 1.2 billion Hong Kong dollars in cash.
, the current exchange rate between the U.S. dollar and the Hong Kong dollar is about four Hong Kong dollars for one U.S. dollar, which would be about 300 million U.S. dollars if all were converted into U.S. dollars.
When the time comes when the Hong Kong dollar depreciates, it will be returned. Zhao Hong seems to remember that the highest exchange rate between the Hong Kong dollar and the U.S. dollar was 11 Hong Kong dollars per U.S. dollar. With each inflow and outflow, HK$1.2 billion became HK$3.3 billion.
Not to mention that the company can transfer at least another 1.2 billion in one year. By then, the company's cash may become 6.6 billion Hong Kong dollars, which is simply perfect. This kind of money is a sure win.
When the exchange rate between the Hong Kong dollar and the US dollar stabilizes at 7:1, 6.6 billion Hong Kong dollars will be worth more than 700 million U.S. dollars. So now Zhao Hong will not do anything stupid like building a building, it is a good thing to win.
If Meisheng Bank performs well in this opportunity, the bank's assets will increase two or three times, and the bank can easily earn thirty to forty billion. Then Meisheng Bank will be among the top three banks in Hong Kong.
Now that the seeds have been sown, Zhao Hong doesn't care. Today is the first day of school. He and several roommates in the dormitory have dinner together in the evening. Now everyone is familiar with each other. Zhao Hong usually invites them to dinner.
, the conditions of the three of them cannot be compared with Zhao Hong. Now he is secretly worth more than 3 billion Hong Kong dollars, making him a veritable billionaire.
But Zhao Hong has never shown off in school, and still faces everyone as an ordinary student. Not to mention that they are from the mainland and don’t know about it. Even in Xiangjiang, not many people know about it. The media in Xiangjiang also believes that his personal assets are only three
Billionaire net worth, 200 million DreamWorks stock, and over 100 million royalties.
But in daily life, Zhao Hong did not treat herself badly and seemed to be more casual in spending money. From his usual consumption, the three of them knew that he was relatively wealthy, so Zhao Hong occasionally invited them to dinner, and they were happy to do so.
Chapter completed!