Hong Kong tycoon Yu Pinhai was worth over 100 million yuan in his early 30s. He was born in poverty and became a wealthy businessman from scratch. Self-made people often need the help of nobles to jump to the top, so who gave Yu Pinhai this opportunity? This noble man is Mr. Jin Yong, the founder of Ming Pao. It was Jin Yong who identified Yu Pinhai as the head of Ming Pao in the future and made his great career.
Ming Pao was founded on 1959 by Jin Yong, a master of new martial arts novels, and his middle school classmate Shen Baoxin. At that time, Jin Yong contributed HK$ 80,000 and Shen Baoxin contributed HK$ 20,000. Today's Ming Pao is a large newspaper group with a market value of about HK$ 654.38 billion and a profit of about HK$ 654.38 billion. Besides Ming Pao, the group also has an entertaining Ming Pao Zhou Kun and an academic Ming Pao Monthly.
1On May 20th, 989, at the tea party of the 30th anniversary of the founding of Ming Pao, Jin Yong suddenly announced his resignation as the president, only staying as the chairman of the board of directors of Ming Pao Group, and said that he would completely fade out of the Jianghu.
As soon as the news came out, 10 several consortia came to discuss the acquisition of Jinyong shares. Acquisition expert Liang and publishing legend Zheng have successively formed acquisition partners; There are British newspaper tycoon Maxwell; Li Ka-shing, the Hong Kong chaebol; Jardine Matheson, the chief foreign firm in Hong Kong; There are also Australian media tycoon, Murdoch, the major shareholder of the South China Morning Post, and Yu Pinhai, the owner of the German-German bookstore in Japan and his consultant.
Who is Yu Pinhai? He is a poor scholar, 1959 was born in a seaman's family of Shandong nationality in Hong Kong, and graduated from middle school. From 65438 to 0977, Yu Pinhai went to the Department of Political Science of the University of Saskatchewan, Canada, and returned to Hong Kong after completing his studies. Soon, he joined the Financial Daily founded by Huang Yong, a former member of Jin Yong, as an international telecommunications and translator with a monthly salary of HK$ 2,000. Because of his low salary, he left his job a year later to work as a clerk in furama hotel.
1985, Yu Pinhai persuaded his friends Wee Ka Siong and Mai Yongqiang to invest 800,000 Hong Kong dollars with a capital of 200,000 Hong Kong dollars to set up an intellectual consultant management company.
In August of the same year, Yu Pinhai became the first intellectual businessman and cooperated with Japanese businessmen to develop and operate Guilin Liyuan Hotel. With an investment of only HK$ 6,543,800,000, Zhicai obtained the right to operate this hotel with more than 200 rooms, and later directly became its holding company. With all his money, this business has benefited a lot.
In the next few transactions, Zhicai provided services for Japanese consortia to invest in China. Two years later, Zhicai went public with a market value of HK$ 600 million. Being able to achieve such results in a short time fully demonstrates Yu Pinhai's management ability.
Yu Pinhai is very persistent in his career. Although it failed to help Japanese publishers negotiate the acquisition of Ming Pao, it left a good impression on Golden Hero in the process. He often accompanied Jin Yong to the theatre, ate hairy crabs and talked about his idea of running a newspaper from time to time, which made Jin Yong very happy.
19911February, Yu Pinhai bought Nanhai Textile and held talks with Jin Yong. This time, he wants to buy Ming Pao in his own name, not for the Japanese consortium. Yu Pinhai announced his "technology acquisition" plan. At that time, Jin Yong held the voting right of Ming Pao, Shen Baoxin held 65,438+05%, and the rest were public shares. According to the agreement, Yu Pinhai needed HK$ 453 million in cash to buy 50% shares from Jin and Shen, but he couldn't come up with so much money at once.
What shall we do? Jin Yong cherishes talents and helps him make suggestions. The two formed a "wise company", with Zhicai as the first shareholder, accounting for 60% of the shares; Jin Yong contributed10.8 billion HK dollars in cash in exchange for another 40% equity. In addition, Yu Pinhai persuaded Jin Yong to buy 50% equity of Nanhai Development (formerly Nanhai Textile) held by Zhicai, and invested HK$ 65.438+600 million. Jin Yong * * * contributed a total of HK$ 340 million, covering most of the accounts where Yu Pinhai bought 50% shares in Ming Pao. He only needs to pay Jin Yong1.1.30 million Hong Kong dollars, and he can pay off 50% of the shares of Ming Pao.
After their first "technology acquisition", they agreed in the second agreement that 25% of the shares of Ming Pao still held by Jin Yong would be transferred to Yu Pinhai from 1994 12 1 minute for five times.
After that, Yu Pinhai became the vice chairman of Ming Pao Group. 1March 3, 9941day, Ming Pao Group announced that Cha (Jin Yong) and Shen Baoxin would step down as chairman and vice chairman of the board of directors, Yu Pinhai as chairman and Jin Yong as honorary chairman. This year, Yu Pinhai was only 35 years old.
In April, Yu Pinhai officially took office and was elected as Chairman of newspaper society of hong kong. Ming Pao's share price soared from 4 yuan to over HK$ 65,438+00 per share. The market value of Ming Pao and Nanhai development controlled by Yu Pinhai reached HK$ 4 billion, and Yu Pinhai's personal book wealth also exceeded HK$ 500 million/kloc-HK$ 0.3 billion.
When Jin Yong handed over the post of chairman with Yu Pinhai, he said: "In the past 10 years, I was keen to seek a young man who is smart, capable, enthusiastic about journalism and sincere in his efforts. I can entrust Ming Pao to him. If it weren't for my luck, I wouldn't have met Mr. Yu Pinhai. He seems to be' tailor-made' and more exciting than I expected ... He studied in the Canadian Department of Political Economy and has been keen on communication for at least 10 years. As for corporate planning, it is a genius. "
Yu Pinhai, a little-known figure, got the help of the noble Mr. Jin Yong and became a celebrity in Hong Kong business circles. On the one hand, this stems from the unusual relationship between Yu Pinhai and Mr. Jin Yong, on the other hand, Yu Pinhai's outstanding talent has been appreciated by Mr. Jin Yong. It seems that you have to have the strength to find a noble person. As the saying goes, "You must be hard while you strike the iron." With talent, there will naturally be noble people to help.
-Quoted from Yanbian People's Publishing House, "Relationship Determines Achievement"