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Chapter 420 Satellite Technology Is Not As Bad As You Think

Northern Machinery Group is both a joint-stock enterprise and has a certain number of state-owned shares.

In other words, it is equivalent to a disguised state-owned enterprise.

I heard that Lin Kaifeng is very close to senior mainland officials, and it is not an exaggeration to say that he is a guest of honor of those officials.

Thinking about it this way, things suddenly became a lot brighter.

Ten years have passed since the development of Northern Machinery Group, and it seems that Lin Kaifeng has never dealt with the entertainment industry.

The acquisition of ATV TV station is more like seizing the website's public opinion position.

Conduct intelligence analysis of what is happening around the world in an aboveboard manner.

"Brother Bao, the country wants to do more than we thought, and the pace is getting faster and faster."

Boss Huo and the charter king have the same label.

It is also because of this common label that the two of them often discuss things that cannot be told to outsiders.

The super-rich, led by Li Chaoren, tend to stand on the side of the foreigners.

That is why Li Chao was willing to welcome Lin Kaifeng.

The charter king and Boss Huo exchanged thoughts with each other's eyes.

Lin Kaifeng's acquisition of ATV TV station may not be his personal idea.

There is most likely official will behind this.

At eight o'clock in the evening, the reception officially ended, and Lin Kaifeng, as the host, saw off the guests one by one.

After finishing all these, it was already nine o'clock.

Calling Wang Lei, Lin Kaifeng found a food stall on the street to eat.

Tomorrow, Lin Kaifeng will officially start the acquisition of ATV TV station.

As early as last year, Mr. Qiu, the TV station's largest shareholder, had sold part of his shares to a mainland enterprise.

The company has an official background.

Boss Qiu's move is equivalent to releasing a certain amount of goodwill to the mainland.

That is why Lin Kaifeng took time out of his busy schedule to personally negotiate with Boss Qiu about the acquisition of the ATV TV station.

The next day, Lin Kaifeng appeared on ATV.

"Mr. Lin is very busy, so let's cut to the chase. For 200 million US dollars, I will give you all the remaining shares of ATV."

After several years of secret planning, Boss Qiu became not only the largest shareholder but also the only shareholder of the TV station.

Many years ago, Mr. Qiu spent 100 million Hong Kong dollars to acquire half of the shares of ATV TV station.

Two years later, Boss Qiu took over all the remaining shares from other shareholders.

"Sorry, I can only offer 100 million."

Lin Kaifeng had already investigated clearly what the actual market value of ATV TV station is.

Lin Kaifeng was not angry about the 200 million proposed by Boss Qiu.

This is how business works. Ask for a high price and pay back the money on the spot. How much you can negotiate in the end depends entirely on your ability.

After a not-too-long negotiation, Lin Kaifeng finally acquired ATV TV station for US$120 million.

The acquisition ceremony will begin at 9 o'clock tomorrow morning.

Lin Kaifeng has already revealed in advance his intention to acquire ATV TV station.

Now that things have come to light, there is no need to hide them.

Moreover, inviting journalists and lawyers to witness the signing of the contract publicly can help boost the stock price of ATV.

Why not?

The next day, Lin Kaifeng, on behalf of the Northern Machinery Group, officially completed the full acquisition of ATV TV station.

A few hours later, major media outlets in Hong Kong reported on the acquisition by publishing additional issues.

After spending 120 million US dollars, Lin Kaifeng became the new boss of ATV TV station.

What changes will this move bring to the future of ATV stations?

Can the continued downturn of ATV television stations be stopped?

Lin Kaifeng has already answered this question.

The reason why ATV TV station cannot compete with another TV station is due to the turmoil caused by the continuous changes of owners and the lack of sufficient market sensitivity of the management team.

At the same time, ATV TV station reported the incident.

This was also the first time that ATV showed an unprecedented fast pace.

Influenced by Lin Kaifeng's acquisition of ATV TV station, the media's stock price began to rise the next day.

ATV television station's stock price rose the fastest.

It has greatly enhanced investors' confidence.

Northern Machinery Group is not only the largest commercial enterprise in the mainland, but also an influential large international company. It is able to gain a foothold in the U.S. market and make Tiangong mobile phones sell very well in the U.S.

This is enough to prove that Northern Machinery Group has unlimited potential. Even if ATV TV station is still in its previous lifeless state, as long as Northern Machinery Group continues to inject capital, it will stand firm for a long time.

"Oh my god, Brother Lin, do you really want to play so big?"

After receiving Lin Kaifeng's call, Wang Lei hurried to the office of the president of ATV TV station.

As ATV changed its owner, many senior executives from Boss Qiu resigned.

The entire ATV station was missing one-third of its staff.

I thought Lin Kaifeng asked me to come here to help him recruit new people and replenish the departments of ATV TV station.

Wang Lei would never have thought of this even if he were beaten to death.

After the meeting, the first thing Lin Kaifeng said was that he wanted to make ATV a satellite TV station.

What is satellite TV?

The TV station owns at least one communications satellite.

Through satellite, TV station programs can cover a certain area or even all over the world.

"Why, you think it's impossible?"

Lin Kaifeng asked with a smile.

"No, I am..."

Wang Lei hesitated and said, "Is our mainland's satellite launch technology really reliable?"

"Absolutely reliable."

Lin Kaifeng crossed his arms and said word by word: "Northern Machinery Group has a good relationship with many departments, especially the Ministry of Aerospace Industry. They will definitely treat the TV station's satellite launch as an important matter."

Either don’t do it, or if you do it, do something earth-shattering.

Help ATV launch six satellites.

Wang Lei opened his mouth wide and stared at Lin Kaifeng without blinking.

Even though he knew what kind of personality Lin Kaifeng had, it did not affect Wang Lei's inner shock.

Launching six satellites at one time.

I'm afraid only American TV companies and European TV stations can do it.

"Wang Lei, you have been away from the mainland for too long. Although you have been back from time to time in recent years, you still don't know enough about the development of science and technology in the mainland. Our country's aerospace technology is not as backward as you think."

"In the 60s, we already had the ability to launch satellites. After more than years of technological accumulation and a large amount of capital investment, launching six satellites is not a problem."

Lin Kaifeng said with a pun: "Just wait and see, our future satellites will be spread all over the stars in the universe, forming a huge star network."

Wang Lei looked at the sky outside the window with complicated eyes, wondering what Lin Kaifeng meant.

The Star Satellite Navigation Project is more than halfway completed.

The preliminary research went exceptionally smoothly.

In the final stage of the research and development, Lin Kaifeng will take action personally.

Before the United States perfects its GPS navigation system and monopolizes the global satellite positioning technology market, Longguo should develop its own satellite navigation system.

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