Back to 80: My literary life.

Chapter 786 "Merge with Xiying Studio?"

"sold?"

"Yes, Xiying Studio has been making losses in recent years and has accumulated a huge debt, becoming a burden to the province. More importantly, there is no hope of making a profit, so we are preparing to package it up and sell it off together with the debts," said Lu Yao.

"Who are you selling it to?" Fang Minghua asked.

"I don't know. This is just a rumor. Of course, there is a possibility of debt restructuring, just like the National Cotton Mill. It is also possible to transform it into a joint-stock company and encourage social and private equity participation. There are many different opinions."

"No matter what we do, we have to face the market and the test of foreign blockbusters," Fang Minghua said calmly.

"Yes. Now the Xi'an Film Studio not only has a rigid system, but also outdated equipment. Shengshi Film and Television has begun to use digital photography equipment, but the Xi'an Film Studio is still using film cameras from more than ten years ago. I heard from my wife that the studio has long wanted to update the equipment, but just because they have no money."

Fang Minghua said nothing.

As far as I can remember, Xi'an Film Studio also underwent reforms to establish a group company, but no matter how hard it tried, it could never recover to its heyday in the 1980s.

Not to mention Xi'an Film Studio, companies like Beijing Film Studio and Changchun Film Studio have all fallen into a slump, and people only remember private enterprises such as Huayi Brothers and Light Media.

"No more talking, the fish has taken the bait." Lu Yao only said this, and with a raise of his hand, a grass carp was caught.

I%……&*(*
Fang Minghua was speechless and vowed to concentrate on fishing!

Hard work pays off. After working hard for most of the day, Fang Minghua caught 6 fish. He was quite satisfied. Of course, it was far less than Lu Yao's trophy.

Fang Minghua returned home in the afternoon, and Song Tangtang, who had gone to Yanjing, also came back, looking excited.

"Minghua, the General Administration of Film has agreed in principle to include Shengshi Film and Television as one of the three private film companies in the pilot program! We no longer have to look to Xiying for approval!"

"Congratulations. Who are the other two families?" Fang Minghua asked.

"I heard it was Huayi Brothers and Guangguang Media."

"They are no match for you, Song Tangtang!"

"Flattering?" Song Tangtang rolled his eyes at him. But why did Fang Minghua see it as something else?
We'll talk tonight
Fang Minghua's life was still dull. That afternoon, the fifth Harry Potter book, Harry Potter and the Order of the Phoenix, was completed.

The story tells that during the long summer vacation, Harry Potter was trapped at No. 4 Privet Drive and was unexpectedly attacked by Dementors. He knew that Dumbledore and members of the Order of the Phoenix were stepping up their secret activities to fight against the increasingly powerful Voldemort. But no one was willing to reveal more to him...

OK!

After carefully revising it again, I sent the electronic version of the manuscript to Li Li in San Francisco.

Fang Minghua stretched and looked at his watch. It was a little after four in the afternoon. He went downstairs to walk around in the yard, fiddling with the flowers and plants to relax his eyes.

The pots of roses against the wall in the yard were in full bloom. Fang Minghua picked up a small shovel and prepared to loosen the soil when he suddenly heard the sound of a car outside. A few minutes later, he saw Song Tangtang coming out of the back door of the garage.

"Huh? You're getting off work so early today?" Fang Minghua asked while loosening the soil.

"I went to the provincial government and went straight home instead of returning to the company." Song Tangtang said, sighing softly while sitting on a small chair.

"What's wrong? Did you encounter something unpleasant?" Fang Minghua turned around and asked

"Not really. Today, Director Zhang from the Radio, Film and Television Bureau called me and asked me to go to his office. He hopes that Shengshi Film and Television can acquire Xi'an Film Studio." Song Tangtang said.

"Merge with Xiying Studio?"

"Yes, Director Zhang said that this is what the provincial leaders meant. They said that we can't just watch Xiying Studio languish like this. Now the country has proposed state-owned enterprise reform and set a goal of getting out of trouble within three years. The provincial government is also under great pressure." Oh, is that so?
Fang Minghua was not surprised and continued to pick up the shovel to loosen the soil in the flower pot: "What kind of merger method is this?"

"Director Zhang said that the Xi'an Film Studio will be directly merged into Shengshi Film and Television. At that time, the State-owned Assets Supervision and Administration Commission, as the superior department of the Xi'an Film Studio, will hold a certain amount of shares, or Shengshi Film and Television will acquire it in full. Come, I will help you."

As Song Tangtang spoke, he took the small shovel from Fang Minghua's hand and helped loosen the soil.

"Look at you, you're wearing a white suit, and you're not afraid of getting it dirty." Fang Minghua reminded.

"It's okay. It's already dirty and needs to be washed, so I just want to help you."

Hearing his wife's coquettish tone, Fang Minghua knew that she was hesitant and confused and needed someone to talk to.

Of course he didn't say anything, he just started picking some dead leaves and asked:
"what are you thinking?"

"You know, I've been planning to bring Xi'an Film Studio here for the past two years. I envy them for having so many good talents and being able to apply for the Dragon Mark. But now people like Zhang Yimou are basically cooperating with us. We already have the Dragon Mark, so I don't think it's necessary to bring it here."

"Besides, the Xi'an Film Studio now has a large number of employees and a heavy burden. It also has foreign debts and a number of laid-off workers. Merging them now is equivalent to the country throwing the burden to us." Song Tangtangtian gave a final smile.

"Did you tell this to Director Zhang?" Fang Minghua asked.

"Of course not. I just said that this is a big deal and I have to consider it carefully. I also need to negotiate with the group headquarters." Song Tangtang asked.

"Okay, listen to what Hongjun has to say. After all, he is the chairman of the group," said Fang Minghua.

"Well, there's no rush anyway."

Shengshi Film and Television is going to merge with Xi'an Film Studio!
This news was leaked out very quickly, not only causing different opinions among people in the two units in private, but it also caused a stir in the domestic film industry.

This is the first time that a domestic private film and television company has "swallowed up" an old state-owned company!
Although this form is common in other industries, it is the first case in the film and television industry.

Looking back on the glorious days of Xi'an Film Studio from the 1980s to the early 1990s, one can't help but sigh.

Yanjing, Huayi Brothers Headquarters Building, Xinyuan South Road, Chaoyang District, Chairman's Office,
A well-mannered middle-aged man was reading a newspaper seriously.

He is Wang Zhongjun, the helmsman of the Chinese Brothers.

In 1994, Wang Zhongjun obtained a master's degree in mass communication from the State University of New York and returned to China to start a business, establishing Huayi Brothers Advertising Company with his brother Wang Zhonglei.

At that time, domestic banks did not have a unified logo, but in the United States, all corporate logos of a certain size had a unified design.

Seeing this, Wang Zhongjun began to lobby major banks to design a unified logo, and soon received the banks' approval. As a result, Huayi Brothers, which had been established for less than a year, received an order for the standardization of the corporate image of 1.5 outlets across the country of the Bank of China. Soon after, Wang Zhongjun also won orders from large companies such as Huaxia Bank, PetroChina, State Grid, and China Unicom. Since then, Huayi Brothers Advertising Company has risen rapidly, with annual sales reaching 6 million yuan, and it has become one of the top ten advertising companies in China in just three years.

In 1997, Wang Zhongjun participated in the investment of Yingda's TV series "Psychological Clinic" by chance. With an investment of only 500 million yuan, "Psychological Clinic" made Huayi Brothers a net profit of more than 400 million yuan, with a rate of return of more than 90%. It also made Wang Zhonglei begin to realize the wealth and opportunities that the film and television industry can bring.

So, he turned his attention to the film and television industry.

In China, to make a good movie you first need a good director. He was very optimistic about Feng Xiaogang, but unfortunately Fang was busy with Shengshi Film and Television and had no time to pay attention to him.

However, the other party also said that there would be opportunities for cooperation in the future.

Now, he was looking at the latest edition of China Film News, which had a message on it: "The glory and decline of a state-owned film studio." The article detailed the rise and glory of Xiying Studio and its current decline. At the end of the article, it said that one of the most famous state-owned film studios in China had finally fallen to the point of being sold to a private enterprise. What was the problem? The market? The mechanism? The talent? This is worth pondering for every leader of a state-owned enterprise.

Of course, Wang Zhongjun didn't need to think deeply. What he was more concerned about was what was mentioned later in the article: would Shengshi Film and Television acquire Xi'an Film Studio?

(End of this chapter)