The headquarters of Oriental Media Group is located in Oriental Building in the middle district of the island;

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

There is also a reason why Oriental Media Group did not move into the commercial building of the Yangtze River Center;

Because the media industry is not good at leaving the commercial area of ​​the central area of ​​the island, there are a lot of convenience and feng shui here!

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

Group vice presidents Yang Kang and Shen Baoxing, as well as Oriental Media Lu Qingshan, Oriental News Agency Fang Xueming, Oriental Press Li He, Yang Yang, Yang Yang, Yang Yang, are a total of six people. These are the current executives of Oriental Media Group.

Wu Guangyao looked at everyone with satisfaction, and these people were filled with confidence and passion, which fully demonstrated that Oriental Media Group is in the rising stage.

"Yang Kang, are there any good things 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 no special thing to report to you; but there is one thing you need to remind the boss, there is 26 million Hong Kong dollars in the company's account, waiting for the boss to accept it!"

Wu Guangyao was stunned. Yang Kang had learned to show his gratitude. He was infected by Shen Baoxing!

Wu Guangyao naturally knew that there was money in the account of Oriental Media Group;

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

Gradually, more money was added to the account;

The reason why it was not used or withdrawn was because Wu Guangyao planned to keep it in the company's account and invest later.

I put my wallet in the bank, so I was too lazy to ask for it!

Of course, a small amount of dividends are still taken out every year for shareholders to distribute dividends, after all, it is necessary to block the mouths of employees who own 10% of the shares.

"Do you think HK$26 million is a lot? The business is about to be increased. I don't know if this amount of money is enough?"

When everyone heard Wu Guangyao's words, they were shocked. What business does it take to develop? It takes so much money?

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

Lu Qingshan quickly sorted out his thoughts and said, "The various newspapers of Oriental Newspaper have developed well and their sales have been rising steadily. These are all supported by Oriental Newspaper. In addition, you often tell us that we should focus on news explosive points (Murdoch style); so our newspaper has obvious advantages and has accumulated many loyal readers."

"The Oriental Daily has now transformed into a comprehensive news newspaper with a comprehensive content, with a current sales volume of about 85,000 copies; the Ming Pao's sales volume is currently around 36,000 copies; these two newspapers ranked first and fourth in the Chinese newspaper industry respectively."

"Local newspapers: Sing Tao's "Morning News of the World", Malaysia's "Morning News", and Thailand's "Morning News" all fluctuate around 10,000 copies."

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

"Oriental Newspaper's net profit last year was HK$6 million, an increase of 20% over the previous year..."

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

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 true leader;

The Hu family, which ranks second, has become more and more powerful than Oriental Media, and is a few mountains behind.

"Good results! But I hope you will continue to work hard, the market will change rapidly, and if you don't advance, you will retreat!"

"Yes, I will keep my boss's teachings in mind!"

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

Fang Xueming was wearing a pair of glasses, but his eyes were full of energy, and he thought he had a good grade.

"Oriental News Agency has been increasing investment in recent years and expanding its team size; it currently has 1 news processing center, 56 offices in Asia, 12 offices outside Asia, with a total of 825 employees, including 515 front-line journalists and readers."

"At present, Oriental News Agency has a reputation throughout Asia, the efficiency of news quality has been widely recognized, and the media they cooperate with has reached all over Asia, with as many as 70 partners."

"Last year, Oriental News Agency's net profit was HK$2.2 million, while gross profit was HK$3.8 million."

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

"Well, if you didn't want to enter other places outside Asia, then your net profit would be even higher!" Fang Xueming said excitedly.

Wu Guangyao waved his hand and said jokingly: "I like the net profit is zero. Only by investing money can you generate more profits."

"Boss is brilliant!"

It was Yang Yang's turn to report on the report. Yang Yang was not afraid at all. The first sentence he said was: "At present, Oriental Printing Factory has undertaken 100% of the business of Oriental Media Group. Our Oriental Printing Factory can be said to be serving brother companies at a cost price. Even so, we do business in other companies and made a profit of HK$300,000 last year."

"However, I visited Heidelberg, Germany some time ago, and their graphic printing press technology was already very good; I wanted to gradually eliminate the convex printing press of the printing factory, so I hope to start intercepting profits and use them to replace the equipment."

After hearing this, Wu Guangyao immediately said, "Support! As long as there is advanced equipment, you can change it immediately. I heard that the flat printing machine is light in pollution, has little harm to the human body, and has much higher efficiency, so we must replace the equipment as soon as possible, and the group company will allocate funds to a better place."

Shen Baoxing and Yang Kang nodded immediately, and Yang Yang hurriedly expressed his gratitude!

Finally, it was Li He, the Oriental Publishing House. Li He's face was as plain as water, and he said calmly and calmly: "Oriental Publishing House's profit last year was HK$800,000, but as a charity, Oriental Library lost about HK$500,000 every year, so its net profit was HK$300,000..."

Wu Guangyao nodded, and it was not surprising that Oriental Library is a true charity in Hong Kong. You can read the books in the library by the way. The library also provides many seats for citizens to read;

Only by borrowing books and going out and buying books can you make a little profit.

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

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 gave everyone applause.

Wu Guangyao concluded: "I am very satisfied with the work you have done. Everyone should continue to move forward in the future. This meeting is not only to summarize our work, but also to decide the next step for 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 is not looking down on Hong Kong Island Commercial Radio, but that the boss showed no interest in the Hong Kong government bidding for commercial radio in 1959. Why do you have to spend a lot of energy to acquire Hong Kong Island Commercial Radio?

"One time and another time!" Wu Guangyao did not explain too much. If he missed it, he missed it. There is no need to investigate the reason.

Yang Kang thought for a while and said, "There are only three radio stations in Hong Kong Island, the government-run Hong Kong station, the British military station serving the garrison, and the private commercial station. The purpose and restrictions of the three companies are different, so the commercial radio station has no competitors and has developed very smoothly. In addition, Ho Zuozhi is backed by Hong Kong government celebrities, Executive Council Members of the Executive Council, Sir Luo Wenhui and Sir Deng Zhaojian, so Ho Zuozhi may not be willing to sell it!"

"There is no problem that money cannot solve!"

Wu Guangyao's words stunned the six people!

Just as everyone was stunned, Wu Guangyao's voice came again.

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

Everyone settled down again, and a loud laughter came from the conference room soon.

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