Chapter 48

"Are they planning to acquire Yanzhong Industrial?" Jia Gang's smile froze, "Only companies with the strength to acquire us would be major companies, what's the point of acquiring us? Isn't it just a transfer from one hand to another?"

"Yes, if Yanzhong Industrial were not a listed company, the acquisition would indeed be like that," Jia Hongjian nodded slightly.

Jia Gang was taken aback, "Not a listed company? What do you mean?" "Yes, the other party wants our listing qualification. In foreign countries, such acquisitions have a term called 'backdoor listing.' After acquiring a listed company as a subsidiary, one can use the controlling shares to extract large amounts of funds from the listed company's subsidiaries," Jia Hongjian explained calmly.

In Jia Hongjian's memory, after the first decade of the 21st century, many Chinese companies would go to the United States to acquire small companies with listing qualifications, using similar methods to both raise funds and bypass various reviews by the U.S. Securities and Exchange Commission. He himself had even been fortunate enough to participate in the acquisition negotiations of a medium-sized American company.

However, just at that moment, the door was suddenly knocked on. When Su Ping opened the door, she saw a beautiful woman standing outside whom she had never seen before. "Is this Jia Hongjian's home? I am Wang Koulan, I am..."

Before the woman outside could finish speaking, Su Ping immediately realized who she was, "Oh, oh, you're Little Roli's mother, right? Come in, come in, sister, why stand at the door?"

Wang Koulan's visit interrupted the conversation between the Jia family father and son. After taking a cup of tea from Su Ping, Wang Koulan paused and said apologetically to Jia Gang, "Brother Jia, I came today because I feel I must tell you something. A friend's company is planning to acquire the Yanzhong Industrial where you work..."

Damn! Jia Hongjian was shocked! He thought to himself, Wang Koulan isn't his wife, isn't his close friend, isn't even a worm in his stomach, so how could she, completely unaware, come to his door and directly say what he had just used her as a shield for?

"Is this true?" Jia Gang now truly believed it. If he had been half-doubting when his son mentioned it, now with Wang Koulan's confirmation, he couldn't help but believe it! "If it's true, why are you telling me?"

"Because Little Hongjian is teaching my daughter, and in a way, our families are not strangers. I can't just pretend I don't know and not tell you two," Wang Koulan explained with a slightly apologetic smile, "This time, my friend has prepared all the plans and funds. Once they make a move, your company will have little chance to resist..."

"Then why are you telling me this? Is it a provocation?" Jia Gang, with his short temper, was about to get angry. He felt that the situation was like a thief coming to tell you that his accomplice is stealing from your house, and even if you call the police, it's too late. No matter what you do, you will be stolen from. What else could this be but a provocation?

"Company is one thing, you are another," Wang Koulan said, bowing slightly as if apologizing, "By telling you in advance, it means you can try to buy your company's stocks as soon as possible. This way, even if the company is acquired, you, your wife, and Little Hongjian can get some compensation. After the acquisition, you won't be fired and will still keep your position..."

Although she said it was her friend's company planning the acquisition, it was just an excuse. She couldn't directly say that she had personally sought help from Guotai Securities for the acquisition, or Jia Gang would have beaten her out of the door. This visit was a proposal she had made and approved at a high-level meeting of Shanghai Jiahua.

"However, don't tell anyone else. If many retail investors start moving before the acquisition, the Securities Regulatory Commission might investigate. The commission won't make things difficult for the big company, but the retail investors might suffer... Brother and Sister, please consider it. I'll take my leave now..." With that, Wang Koulan stood up, bowed, and turned to leave.

After seeing Wang Koulan off, Su Ping returned home to find the old and young Jia both silent. "What should we do? Buy?" she asked. "Buy what! Riding on the enemy's coattails, isn't this betraying the company?" Jia Gang said irritably.

"How can you be so stubborn! This is making money! If you don't buy, I will. I still need to prepare for Hongjian's future marriage! You always only think about the company, when have you ever thought about us? You are the most selfish person, always thinking about maintaining your image, never thinking about the risks for the family. Can't you sacrifice your image for me and the son once? Do you have to be a good person all your life?" Su Ping suddenly burst out without warning.

"Stop arguing!" Jia Hongjian stepped in to mediate, "Dad, call for an emergency meeting at the company. Borrow money if you can, and I'll go with Mom to convert our savings into cash and buy stocks tomorrow."

Jia Gang thought about it and realized that this was the only way to balance both public and private interests. He nodded and started making calls to request an emergency meeting...

At the same time, Sun Yusheng knocked on the door of the director's office at CCTV. "Sun, how can I even talk to you? Huh?" As soon as he entered, Sun Yusheng heard his former team leader and current director, Yang Guang, pointing at him and scolding, "You were trained under me, don't you know what can be broadcast and what can't? You didn't even ask for my opinion before broadcasting? This is a broadcasting accident, do you know?"

"Director Yang, I was wrong this time, but you know the current state of the station. If I had submitted it, even if you agreed, would others agree? Could it be broadcast?" Sun Yusheng raised his head and defended himself using the old nickname from the "News Broadcast" team. "You know the current bureaucratic atmosphere and the condescending attitude of the station. Is this how news should be done? The current 'News Broadcast' is a mess, always talking about the national situation being good, and the lives of foreign people being miserable. It's not like when you led us in the 'News Broadcast' and put foreign news, like the Challenger explosion, before domestic news for the first time! You led us to break the rules back then! I still remember that news, it was six minutes long!"

However, before Sun Yusheng could finish, he heard his old leader, Yang Guang, start a furious scolding: "Get lost! Are you the only smart one? Are you the only one who can see the current situation? Are you the only one who wants to change things? Others change things gradually, bit by bit. Are you a hero, are you the one who wants to rush in and block the gun? When will you grow up? You're over 30, but you still act like a teenager. Don't you know how to act like an adult? Bastard! I used to have high hopes for you! Did I do things that way when I was on the front line? I only made small changes, bit by bit!"

Yang Guang glared at his former protégé, "You're temporarily suspended from your position as team leader. Go back and write a 10,000-word self-criticism, no clichés, it must be sincere, understand? I'll think of a way to clean up the mess. Brat, if you do something like this again without telling me in advance, I'll beat you to death!"

"Director Yang, I already wrote the self-criticism last night, it's quite sincere..." Sun Yusheng grinned and pulled out a thick stack of letter paper from his pocket. But as soon as he said this, he heard his old leader yell "Brat" and saw a pen fly through the air...

He dodged the projectile, laughing, and carefully placed the self-criticism on the side table, then smiled and left the director's office. Watching his old subordinate leave, the 58-year-old Yang Guang pulled out a yellowed, old notebook from the bottom of his drawer. He opened the notebook, which had been around for years, and saw the first page filled with bold writing: "I want to make the People's Broadcasting Station the best in the world," "I want to make the People's Broadcasting Station a station for the people, telling the stories of the people!"... These were the ambitious goals he wrote when he first joined the station in 1961.

Flipping through the pages, he came to a page with a copy of a program review record. On this page, he had decided to move international news to the front of domestic news, making it the lead story on the "News Broadcast," which was considered the most unconventional move at the time.

Flipping further, he came to the page where, two years ago, he was urgently promoted by the State Council's Radio, Film, and Television Department to be the director of CCTV. On this page, he had said something that was considered a bold statement at the time: "Make CCTV a world-class television station, a station for the people!"

Continuing, he came to a meeting summary where, as director, he personally approved Sun Yusheng to create the first morning news program at CCTV, a groundbreaking move.

On the last page with writing, his bold handwriting formed these words: "Is it feasible to add a 30-second advertisement after the 'News Broadcast'? Can it be done this year? Is it too unconventional? How much resistance will it face? Will the higher-ups accept adding 'vulgar' commercial advertisements after the 'News Broadcast,' which promotes 'absolute truth'? Will the station accept it?"

Yang Guang sighed and put away the old notebook. "Jia Hongjian is quite something, shouting about fighting the monster named reality, and he ended up speaking everyone's hearts. Well, I'm 58, and I'll retire in two years. I'll help them a bit before I hand over the baton..."

Muttering to himself, the old man stood up, preparing to go to the State Council's Radio, Film, and Television Department, which the station employees jokingly called the "Ministry of Truth"...

***********

The Radio, Film, and Television Department is the predecessor of the State Administration of Radio, Film, and Television. All the deeds of Old Yang Guang in this chapter are based on the real-life actions of his prototype. I hope for clicks, votes, and collections, and for everyone's help to get this book on the homepage new book list...

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