Speed ​​is of the essence in war.

Before leaving, Lin Dong asked Liu Weiqiang to call his boss and arrange to meet at Xiang's Film Company at 9 a.m. the next day to discuss the acquisition.

Heung's Film Company is a long-established film company in Hong Kong, co-founded by brothers Heung Ming-fai and Heung Ming-kit.

In the late 1980s, the Heung family made a fortune with Hong Kong-style kung fu films and also made many stars famous.

However, the Hong Kong film market experienced a decline in the 1990s.

Xiang's Film Company subsequently fell into a five-year period of losses, until the release of the "Young and Dangerous" series finally brought some relief.

Lin Dong, who possesses memories of his past life, knows that the future of Xiang's Film Industry is not optimistic.

The "Young and Dangerous" film series was a hit with the first three installments, but the subsequent three films did not perform as well.

After all, Hong Kong is only so big, and the upper limit of its market capacity means that a movie's box office can rarely exceed 50 million.

A film company with an uncertain future, hoping to turn its fortunes around with just one or two movies? Very difficult.

Therefore, Lin Dong was not afraid that they would not accept his acquisition terms.

Moreover, besides money, Lin Dong also knows the Xiang brothers' biggest weakness.

.................................................

July 17th, 9:00 AM.

Lin Dong arrived at Xiang's Film Studio, located on Queen's Road East in Wan Chai.

Those participating in the negotiations today, besides the Xiang brothers, also include the introducers of this transaction: Liu Weiqiang and Qiu Shuzhen.

The five people sat down in a conference room, and Chairman Xiang Minghui then called in the company's financial director and lawyer.

Even now, Chiu Shu-chen still feels that all of this is too dreamlike.

She still found it hard to believe that Lin Dong could come up with hundreds of millions of yuan.

How much wealth could an unknown mainland Chinese guy possibly have to acquire a film company?

"Hmph! If it weren't for your good looks, I wouldn't have bothered with this deal."

As Qiu Shuzhen was thinking this, the negotiations in the room had already begun.

"Mr. Lin, let's skip the formalities and take a look at our financial statements first."

Xiang Minghui has a round, chubby face, and he always squints his eyes when he speaks, making him look extremely wealthy.

"Boss, I think that's unnecessary. To save everyone's time, just name your price."

Lin Dong didn't want to waste time and got straight to the point.

What's going on?

Who acquires a company without looking at its financial statements?

Even if you don't understand it, you should at least pretend to take a few glances, right?

Otherwise, how will we negotiate and lower the price later?

Lin Dong's unconventional approach caught the Xiang brothers completely off guard.

The finance director they called in was carrying several thick ledgers, standing halfway with his body hunched over, unsure whether to stand or sit.

"Mr. Lin...you should at least take a look at the ledger a few times. How can you estimate the price without looking at the ledger?"

Beside Lin Dong, Qiu Shuzhen looked disappointed and helpless, and whispered a reminder to him.

well......

It seems I wasn't wrong; this guy is indeed a spoiled brat who likes to show off.

The amazing performance he put on at dinner last night was probably just an act.

The purpose, I suppose, is to get to know me and, incidentally, to pique the interest of Huo Jianming, this sucker.

How much ability can a man like that have?

If the company boss asks for an exorbitant price later, do you think he'll be scared off?

......

"Mr. Lin, are you sure you don't want to look at the financial statements?" Xiang Minghui looked at Lin Dong incredulously.

"That's right, ask the boss for a price. As long as the price is reasonable, I have no problem with it."

Lin Dong nodded and said.

"Alright, then I won't stand on ceremony."

Xiang Minghui naturally wouldn't let such a good opportunity slip by. He cleared his throat and began to introduce himself:

"With the foundation of our Xiang family, coupled with the recent blockbuster 'Young and Dangerous,' the company's future is bright."

"Conservatively estimated, the company's annual profit will not be less than 150 million yuan in the next 3 to 5 years."

"Based on the premium valuation in the film industry, wouldn't it be reasonable to use 10 years of profits as the acquisition price?"

"Therefore, the acquisition price of Xiang's Film Company is HK$1.5 billion."

Profitable for 10 years, 1.5 billion.

Which boss would dare to guarantee that a film company can make money for 10 consecutive years?

In a bad market, forget about making money; you're lucky if you lose less...

HK$1.5 billion, based on 1996 prices and per capita income, was equivalent to HK$40 billion more than 20 years later.

Who in this world would be foolish enough to spend so much money to buy a film company with an uncertain future?

Upon hearing this price, Liu Weiqiang, who was well-versed in the market, immediately changed his expression.

These wicked capitalists are so heartless!

Chiu Shu-chen's small face even showed an expression of amusement:

"Hmph! You little punk, someone's already offered 1.5 billion, let's see how you keep up the act now?"

However, no one in this room knew that this seemingly nonchalant young man possessed such immense wealth that it made them question the meaning of life.

If we really want to calculate the amount of cash, even if we add up all ten of Hong Kong's richest people, they probably wouldn't have as much as Lin Dong.

What's a mere 1.5 billion?

It's just two hundred million US dollars, isn't it?

"Boss Xiang is very savvy in business. A 10-year premium acquisition means he needs to guarantee an annual profit of 150 million for 10 consecutive years to break even? Who would dare to take on this deal?"

Lin Dong did not reject Xiang Minghui's offer, but instead put forward his thoughts:

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!