Back to 80: My literary life.

Chapter 709 Old Female Fans

That afternoon, Li Li and Fang Minghua rushed to Zhang Qing Accounting Office together, and their client Meng Dawen also went with them.

Zhang Qing is a little older, looking to be in his forties.

Later, I heard from Meng Dawen that unlike his family of three generations living in San Francisco, Zhang Qing's parents were in Taiwan and were from other provinces.

After graduating from Soochow University, he came to the United States alone. After completing his master's degree at the University of Illinois at Urbana-Champaign, he opened an accounting firm in San Francisco. After several years of hard work, the accounting firm he established became very famous in San Francisco.

"Mr. Fang, after listening to Daven's introduction, I will personally take charge of your business." Zhang Qing's Mandarin still has a Taiwanese accent.

"In the past, most Chinese doing business in San Francisco came from Taiwan and Hong Kong. Since the mainland's reform and opening up, more and more people from the mainland have come here to do business. I hope the more the better, after all, we are all Chinese."

"Thank you Mr. Zhang for your trouble." Fang Minghua said with a smile.

After a few words of idle chat, Zhang Qing took out a thick document from the drawer and handed it to Fang Minghua: "This is the basic information of Ashley Press, as well as its fixed assets and financial status."

"According to our private investigation, the financial situation of this publishing house is indeed very poor and it is facing the risk of bankruptcy, and the publishing house owner, Mr. Garcia, does have the intention to sell it."

"That's good."

"This publishing house now has a total of 46 employees. Its fixed assets mainly consist of a three-story building, a car, a pickup truck, and some office equipment including computers, desks and chairs, a small number of books, etc." Zhang Qing explained.

"So that means that the building is the most valuable?" Fang Minghua asked.

"Yes, after our evaluation, the market value of that building is around 300 million US dollars."

Fang Minghua nodded and continued to look through the pages.

"Do they have debts?" Fang Minghua saw a line of data on the file.

"Yes, the specific data is unknown, but it should not exceed 200 million. There are also future copyright income and book balances for some books. These cannot be investigated and need the other party to provide data." Zhang Qing continued to explain:
"After a comprehensive evaluation, we have finally determined that if you want to fully acquire this publishing house, you will need 400 to 500 million US dollars. The specific amount will depend on the other party's debt and the results of the negotiation between the two parties."

"Thank you."

Fang Minghua handed the information to Meng Dawen next to him and said, "Meng, lawyer, then negotiate with the other party according to the data provided in the information, and try to reach an agreement of 400 million, and the maximum cannot exceed 500 million."

"OK!" Meng Dawen took the information and said with a smile: "Mr. Fang, don't worry, we will try to get 400 million!"

"During the negotiations, our accounting firm will send professionals to provide consulting services," Zhang Qing added.

"OK!" Meng Dawen said and turned around to look at Fang Minghua:
"Mr. Fang, you don't have to worry about the negotiation if you entrust it to me. You just need to prepare the cash for the acquisition. 400 million is not a small amount. Do you need a loan? I can provide you with legal services for the loan, and I can do this for free."

Ah?
This is quite good professional quality.

But some people don't believe in my ability.

The same look he gave Zhang Qing.

How much royalties can a mainland writer earn in the United States?

400 million US dollars, not 400 million RMB!

Fang Minghua didn't say much, but whispered to Li Li who was sitting next to him: "Li Li, how much cash do I have in my account now?"

"It's only a little over 10 US dollars, and according to the contract, Mr. Meng and Mr. Zhang should be paid half of the remuneration immediately."

"so little?"

"Didn't you say that besides keeping $10 in the account for emergencies, you should use the rest of your royalties and dividends from Sun Lizhe's company to buy stocks? One-third each of Apple, Microsoft, and HP. I just bought one in June." Li Li explained in a low voice.

So obedient?

Yes, Not Bad.

"Okay, from now on you just pay the other party, Lili, and then use your phone." Fang Minghua said.

Li Li immediately took out a Motorola mobile phone from her bag. Fang Minghua took out an address book from his pocket and found a name:
Phillips. This was in 88 when Fang Minghua came to the United States and met a young trader at the Chicago Stock Exchange. He became his personal financial advisor with an annual salary of US$5000.

However, since that day, Fang Minghua never contacted him again after returning to China. He had originally planned to look for him before the millennium, but now it seems he has to do it earlier.

Fang Minghua dialed the phone.

Chicago Stock Exchange.

Phillips was in his private office, talking to an elderly client.

"Mrs. Jones, please trust my professional judgment. The Dell stock I recommended to you has a very high growth potential. Take a look at the K-line chart. How much has its stock price increased in the past few years?"

The old lady named Jones glanced at the computer screen and said in confusion: "Mr. Phillips, since it has risen so high, it will fall in the future, right?"

"Mrs. Jones, you are wrong. As the saying goes, the strong will always be strong. According to the performance results announced by the company this year, both operating income and profits are in a period of rapid growth, and the stock price will be higher in the future!" Phillips explained patiently.

Seeing that the old lady was still a little skeptical, he suddenly thought of the mysterious Chinese man who bought stocks seven years ago.

Then he said, "Mrs. Jones, let me tell you a story about stocks."

"Oh? Go ahead." Mrs. Jones suddenly became interested.

"Seven years ago, I met a young man from the mysterious China in the East who came here to buy stocks. You know, there was no stock market in China at that time, and he didn't even know what stocks were."

Inadvertently, there was a hint of exaggeration in Phillips' words.

"I recommended three, oh, two stocks to him, one of which was HP!" Phillips continued.

"What about the other kind?" asked Mrs. Jones curiously.

"Microsoft, of course, it's also good for you to buy Microsoft now," Phillips replied.

Apple won't say
The performance was a bit poor, Phillips muttered to himself.

"I bought it in 88 at $8.5 per share. Look at the stock price now. It's $98! It's increased 11 times! That Chinese man is very grateful to me!" Phillips looked very proud. After thinking for a while, he added:
"This Chinese man is quite famous in our country. He is a writer, Fang Minghua, and his pen name is Minghua. Several of his books have been published in our country."

"Minghua? Is he the Chinese who wrote The Bridges of Madison County?" Mrs. Jones exclaimed.

"Yes, that's him! He used his writing fees to buy stocks. Sorry, I can't tell you the exact amount. I have to keep it confidential for my client."

Mrs. Jones was a little tempted, but of course she also suspected that Phillips was talking nonsense and that there were few good people on Wall Street, even though he was not on Wall Street.

Just at this moment, the phone on the desk suddenly rang.

"Excuse me, please wait a moment." Phillips said, and picked up the microphone: "Hello, this is the Phillips office of the Chicago Stock Exchange."

A man's voice immediately came from the other end of the microphone, with a strange accent, like a foreigner speaking English.

"Mr. Phillips, I am the Chinese writer Fang Minghua, do you remember me?"

"Oh, Mr. Minghua! Of course I remember that you came to the United States?" Phillips' voice immediately became excited.

“Yes, I’m in San Francisco now and I want to sell some stocks.”

Phillips was just about to say, "I'm happy to serve you," when he suddenly heard the old woman next to him scream, "Mr. Minghua really came to the United States?! Can I talk to him?"

"You?" Phillips looked at the somewhat bloated old woman in front of him and felt a little unhappy.

I'm discussing business with my big client, why are you interrupting me?

"I am his loyal reader," Mrs. Jones explained quickly.

(End of this chapter)