Reborn as a tycoon in Hong Kong
Chapter 14 Acquisition of arcade factory
The next day, Lin Baicheng followed Chen Gao to visit three arcade machine factories.
Because these three arcade factories have just entered the industry a few years ago, the factories and equipment are quite new, which means they are different in scale and number of workers.
Lin Baicheng chatted with the three bosses respectively, and learned from them that it was not unprofitable to assemble arcade machines. Their factories were now making profits, and it was not because they were not doing well that they wanted to sell the factories.
Lin Baicheng was puzzled at the time and simply asked. He didn't understand why they chose to sell the factory when they could make money.
In this regard, the bosses of the three factories did not hide it and told Lin Baicheng the reason.
The reason is the same, that is, you earn hard-earned money by assembling arcade machines, and you cannot make a lot of money. The majority of it is made by the authorized game company.
If it were a year or two ago, the economic crisis had just passed, and other businesses were not very safe. Although the income from arcade assembly was not much, it was relatively stable. It was for this reason that they entered this industry at that time.
But things are different now. The economic crisis has passed, Xiangjiang's economy is continuing to recover, and all walks of life are very profitable. As a result, the arcade machine assembly industry, which used to be a stable and profitable industry, seems to be less profitable, at least not comparable to other industries.
The bosses of the three arcade machine factories all want to change careers and enter other industries. Unfortunately, everyone knows that the arcade machine assembly industry is not as profitable as other industries, so they cannot sell the factories they have at the price they want. Lin Baicheng wanted to buy, and they wanted to sell.
However, this is a stable and profitable industry after all, so the three owners have no idea of selling at a low price. Instead, they all demand a certain premium. Otherwise, they would have sold it long ago, just because they didn't agree on a price with others.
Lin Baicheng did not refuse the demand for a premium. He was considering which arcade machine factory to acquire.
The two smaller arcade factories were almost the same, and it would be the same no matter which one they acquired. Lin Baicheng had enough cash on hand to purchase them, and the remaining money was enough to make new games.
The larger one offered three million Hong Kong dollars. Lin Baicheng didn't have that much cash on hand. Logically speaking, he couldn't buy it and shouldn't consider it. However, Lin Baicheng was considering whether to buy this arcade machine factory.
The reason why I am interested in buying this arcade machine factory is that it is the largest factory with many skilled employees. I own the factory land and it is more convenient to expand. Even if you want to expand bigger in the future, because there are a lot of open spaces around the factory, you can definitely buy them together as long as you can afford it.
In addition, Lin Baicheng also found that the boss of this factory was quite far-sighted. We hired one employee each in Los Angeles in the United States and Tokyo in RB. These two employees are not very educated, but they have played games for many years and often hang out in game venues. If there is a popular game released in the two countries, they will definitely be able to If you know it as soon as possible, you can notify the company in Xiangjiang, and then the boss can immediately find the relevant company authorization to assemble and sell it locally in Xiangjiang.
The familiarity of these two foreign employees with their country's game venues is also a fortune for Lin Baicheng. If his games are produced, they can not only be sold locally in Xiangjiang, but also sold abroad through these two employees. Access the global market faster.
In view of this, after thinking for a long time, Lin Baicheng decided to buy the largest arcade factory in Kwun Tong.
Lin Baicheng only had more than 1.1 million Hong Kong dollars in cash. The permanent publishing rights of the novel were sold for 1.5 million Hong Kong dollars. However, the problem was that tax was deducted and it was impossible to get the full amount. In addition, he also spent 200,000 Hong Kong dollars on something, which was a big investment.
There is not enough cash, but fortunately Lin Baicheng still has 25% of the shares of Xingxing Daily. This time, he did not sell his shares. Instead, he obtained a mortgage loan from a bank and obtained a loan of HK$2.5 million.
In fact, the value of 25% of the shares of Star Daily is not more than 2.5 million Hong Kong dollars, but the problem is that the bank will not grant the loan in full, at most 70% to 80%.
The reason why he did not sell his shares this time is because Lin Baicheng will write a sequel to "The Storm" in the future. At that time, it can be serialized on Xingxing Daily, so that the serialization of Xingxing Daily will not decline significantly. It may even continue to grow, increasing the market value of the newspaper.
Of course, this is also because a loan of 2.5 million Hong Kong dollars is enough for the time being, otherwise Lin Baicheng would not mind risking everything for the production of a new game.
It was already five days before I got the loan from the bank.
After receiving the loan, Lin Baicheng took his lawyer Chen Gao to sign a purchase agreement with the owner of the arcade factory. The HK$2.85 million negotiated in the previous two days purchased the arcade factory and the more than 2,000 square meters of land where the factory is located.
With this acquisition, even if Lin Baicheng's arcade game business does not go well, he can still make a lot of money if he waits for a few years with the land in hand. In other words, if the timeline is stretched out for a few years, this acquisition is a sure profit.
"Lin Sheng, congratulations!" "I also want to thank Mr. Qin for transferring the factory to me."
After the two parties signed the contract and Lin Baicheng paid the money, they both shook hands happily.
Lin Baicheng was happy that he had taken over the arcade factory and was about to enter the gaming industry to flex his muscles and make more money.
Qin Xiangyang was happy that the factory was finally sold at a reasonable price, and he could use the money to enter the textile industry that he was more optimistic about.
Qin Xiangyang said: "Lin Sheng, I will take you to hand over the job later, and then I will take away a few relatives. As for the other employees, it depends on you, Lin Sheng, whether to keep them or to retire."
"They are all skilled workers. As long as there are no problems with them, I will stay."
Lin Baicheng said with a smile that although arcade machine assembly is not a highly skilled job, it is okay to hire new people to do it, but it is definitely better to have skilled workers. No boss will reject skilled workers.
"That's good."
After hearing this, Qin Xiangyang said: "It would be quite difficult for me if they were fired just after the factory was sold. After all, they are my old friends who have been with me for two or three years." As for why he didn't bring these people to his new company If he goes to a factory, that's because he wants to enter the textile industry, and he definitely wants employees with relevant work experience.
Lin Baicheng and Qin Xiangyang left the office together, went to the workshop, and summoned all the employees working in the entire factory.
In the past few days, the employees have also known that the factory has a new boss, so they are all a little uneasy, wondering whether their work will be affected by the new boss.
Although Xiangjiang's economy has been recovering in recent years, in this small and crowded city, it is not so easy for ordinary people at the bottom with little education to find a stable job.
Therefore, factory employees are inevitably worried about their future, fearing that they will be fired and affect their family's livelihood.
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