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Text Chapter 165 Ambition under the Rules

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    In a joint company like this, although Li Mingbao is the major shareholder, he does not hold an absolute dominant position.  This is not like those companies in mainland China in later generations that pursue nothing but a 51% holding.  ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????: There are few companies in the world that strictly abide by 51% of the shares like mainland China.  Even this shareholding model is only applicable to joint ventures and cooperation between state-owned enterprises and foreign enterprises. Even private companies in mainland China basically do not use this ratio.  Therefore, Li Mingbao is not a compulsive maniac. He must have 51% of the shares before he is willing to do it. Microsoft was created by the lid, but he does not hold so many shares of Microsoft. He is just a shareholder, even the big shareholder.  Shareholders are not counted, but even so, who can say that Microsoft dares not to obey what Gai said?  Being able to obtain 40% of the shares is enough for Li Mingbao.  After all, the two major theater chains, Golden Harvest and Golden Princess, are not directly acquired like Li Mingbao did with Shaw Brothers.  These two major theater chains are actually just merged into the company.  It would not be strange for Jiahe and Princess Jin to leave the joint theater chain if given the chance.  Of course, Li Mingbao would definitely not let such a thing happen. When it comes to the meat in his mouth, how can he spit it out?  Zou Wenhuai and Lei Juekun also knew about such things, so they were so resistant when Li Mingbao went to talk to them.  Because it is really going to be merged into the United Cinemas, originally the theaters were the only ones who could speak for themselves, but now there is Li Mingbao at the head.  If Li Mingbao vetoes their opinions, they won't be able to resist even if they resist.  Since there are so many shareholders, in Hong Kong, the company must establish a board of directors.  How to allocate directors is the next issue that needs to be negotiated.  After a period of war of words, the distribution of directors was finally concluded.  ¡°At the very beginning, Zou Wenhuai and Lei Juekun planned to allocate directors according to a ten percent ratio. In other words, there would only be ten director seats in the United Cinemas.  But this distribution method was rejected by Li Mingbao without hesitation.  How is it possible to have ten board seats?  You know, whether it is the shares in Tao Shang or the overseas film studios, they only have 5% of the shares.  According to the ten director seats, neither the people on the road nor the overseas film producers can hold a board meeting alone, and both of them must contact each other to win a seat.  "As for this seat, people on the road will definitely not give it to overseas film producers, and overseas film producers will certainly not want this seat to go to someone else.  So this is an unsolvable problem.  If one thing is not done well, Li Mingbao's previous idea will not be possible at all.  Since we have brought in all the people, we do not give them the treatment they deserve, but pay a lot of money. This has no benefit other than forcing others to leave.  Now that you have considered the problem, follow the rules and use these little tricks to disgust others. In the end, you may be the one disgusted.  So when Li Mingbao opened his mouth, he wanted to expand the number of seats to twenty people.  This is equivalent to one director seat on the board of directors for every 5% of the equity.  In this way, this problem can be solved satisfactorily.  People on the road will not resent the issue of seats, and overseas film producers are not native to Hong Kong. Being able to have a seat in a Hong Kong theater is an exception for Li Mingbao and the others. What else can they be dissatisfied with?  Li Mingbao has never thought about blocking overseas film producers from Hong Kong, because that is unrealistic.  Besides, the overseas film market is actually bigger than that in Hong Kong. These film producers are a trouble, but if they are used well, it will also be of great benefit to Hong Kong films entering other regions.  This is just like Hollywood. Hollywood basically does not exclude people from all over the world from going to Hollywood. As long as those people are willing to keep their money and creativity in Hollywood, it is not difficult for these people to make money.  It is this style that makes Hollywood grow stronger.  Hong Kong cannot become the second Hollywood because its geographical conditions are so poor.  But Hong Kong can learn some of Hollywood's advanced techniques, such as introducing foreign investment. There is something Hong Kong needs to learn from.  Those overseas film producers who make movies in Hong Kong will always spend their money in Hong Kong, right?  This has brought great business opportunities to Hong Kong, and they can indeed make money in Hong Kong by relying on their own investments. However, the market in Hong Kong is so big, and there is always a limit to making money.  The real big hit is the overseas market. Compared with Hong Kong, their geographical conditions are much superior.  Making money overseas is what overseas film producers really value.  In this way, their films use Hong Kong actors, directors use Hong Kong directors, and the behind-the-scenes work is also from Hong Kong.  The money they earn, the total?will return to Hong Kong.  Even Li Mingbao has prepared a trump card, that is, when overseas film producers shoot movies in Hong Kong, local companies must participate. ? Simply put, it¡¯s co-production.  Of course, this co-production model is different from co-production in mainland China. To put it bluntly, co-production in mainland China is purely about taking advantage. But because the mainland market is vast, even if others know that they are taking advantage, they will still admit it with their noses.  ¡°But Hong Kong doesn¡¯t have such good conditions. When co-producing a movie, you have to be willing to invest.  For overseas film producers, making money is the most important thing. If someone comes up with a sum of funds before the film is shot, the pressure on them will be much less, which is a win-win situation.  Of course, overseas film producers can also take advantage of the loopholes and set up film companies in Hong Kong. This is also called co-production.  But in doing so, they also allowed the Hong Kong film industry to take advantage of the loopholes.  After all, it is impossible for every film produced by overseas film studios to be good. With Li Mingbao's regulations, local companies in Hong Kong must participate. Hong Kong film companies may not like this deal, which is obviously a waste of money.  They take advantage of loopholes, and people like Li Mingbao can also take advantage of loopholes.  In the end, it all depends on everyone's perspective.  Maybe everyone will invest in good movies, but bad movies will only rot in the hands of overseas film producers.  Even introducing overseas film producers will allow local film companies in Hong Kong to achieve great development.  In these days, there is a film company with overseas channels, which is absolutely outstanding in Hong Kong.  Just like Jiahe and Shaw Brothers, why are they so much stronger than Xinyi City?  Isn't it because they have a very important channel overseas?  ¡°But now that Li Mingbao has taken the initiative to let these people enter the Hong Kong market, Princess Jin¡¯s weakness will no longer be a weakness. In the past, she had to travel all over the world to make connections, and such results would definitely be much slower.  But now that Li Mingbao has such a rule, even if they are in Hong Kong, they will have the opportunity to contact overseas film producers. Overseas distribution will not be so difficult. For Princess Jin, it is definitely a good thing.  information.  It is even good news for the entire Hong Kong film industry.  In the past, only large film companies had the opportunity to release films overseas, but now even small film companies, as long as the film is good, there will be countless overseas film companies actively requesting to release the film, which is important for them to expand their financial opportunities.  , definitely a good news.  Li Mingbao¡¯s control of Hong Kong¡¯s theater chains is really to make Hong Kong a film trend vane.  In the future, movies that can be screened in Hong Kong theaters and have good box office will not be too bad when taken overseas. Even if the box office is poor, if some regions like it, it will still be a way to make money.  If it can really become that kind of existence, Hong Kong may not be as good as Hollywood, but it will not be too far behind Hollywood in terms of openness. It will not be like in history, when a broken ship directly broke the backbone of the Hong Kong film industry.  As long as Hollywood movies are allowed to run rampant, not to mention the overseas market, the domestic market will not be protected.  ¡°But if Li Mingbao¡¯s plan comes true, it will definitely not be easy for Hollywood to invade this market at that time, because the interest groups involved are definitely not a small number.  Historically, the decline of Hong Kong movies was certainly due to the economic downturn in Southeast Asia, but in Li Mingbao's view, this reason is definitely not the main reason.  The main reasons for the decline of Hong Kong movies are actually just a few. It has become the norm to use small things to win big. Movies are shoddy. Everyone wants to make money from it, but they have never thought of cultivating the market.  Coupled with the fact that the industry is conservative and looks at the big world with small eyes and has no vision for development, the Hong Kong Film Awards, which are very famous in Asia, are essentially just for Hong Kong people's self-entertainment.  There are so many main reasons. It is normal for Hong Kong movies to decline. It would be abnormal if they did not decline.  And now that Li Mingbao has the opportunity to dictate in this industry, he will naturally eliminate the unfavorable factors in the Hong Kong film industry one by one.  In this world, only when the market becomes bigger can we really make money. If we only look at immediate interests, everyone will be doomed sooner or later. To put it this way, it is not an exaggeration to say the problems in the history of Hong Kong films.  Of course, it¡¯s still a little early to think about these issues. Li Mingbao has just completed the integration of theater chains in Hong Kong, and the longer-term plan is still far away from Li Mingbao.  Now there are three things they need to do.  The first thing to do is to hold a press conference to release the news of the establishment of United Cinemas.  The second thing is to find the shareholders first. There are still 10% of the shares that are still ownerless. Otherwise, it will be difficult to hold a shareholders' meeting unless these shares are divided.  So next we need to contact overseas film producers and the Xiang brothers.  Overseas film producers have the largest number of people and are the most dispersed. They are not even from the same country.  It is definitely not an easy task to contact so many people who have ideas about Hong Kong movies.??So this matter has to be left to Uncle Six, because he has the highest prestige among several people.  As for the remaining matters of dealing with the Xiang brothers, neither Zou Wenhuai nor Lei Juekun wanted to get involved, so in the end this matter was left to Li Mingbao. Who said he was the major shareholder?
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