On June 10th, Qinhuai Group and the companies where the five shareholders work paid May wages to all employees at the same time.
On the same day, the funds involved in the five insurances and one housing fund in May, HK$8 million, were transferred from the accounts of Qinhuai Insurance and Qinhuai Housing Fund to the Cold Winter Fund.
At the same time, the filming plan for "Estate Millionaire" has also entered its mid-stage, and it is expected that the filming will be completed by the end of the month and post-production will begin.
At the same time, Qinhuai Education is preparing to launch an acquisition offer for Lingnan Middle School located on Stubbs Road.
In the mountainside villa, Lin Xiaoguang listened to He Sidao explain the reason.
He Sidao is the head of Qinhuai Education, and He Qihua, the principal of Guangdong Middle School, is his younger brother. They are both Hong Kong pro-mainland people.
Qinhuai Education currently has nine schools under construction, which are expected to be completed within three months and half a year. The company does not have many things to do at the moment. One is to supervise the construction status of the schools as the owner, and the other is to recruit teachers extensively and then conduct strict reviews. ,The third is to organize an editorial committee to ,edit the teaching materials in depth.
Huarun Construction is not a second-rate construction company, nor is it a shady builder. It treats its own people very carefully. It uses the best building materials within a limited budget and strictly prevents shoddy projects.
Luo Yaoguo watched personally, no one dared to fool him.
As for recruiting teachers, there are currently a lot of talents in Hong Kong, and a lot of college students graduate every year. There are not many college students who are pro-British these days, so naturally there is no need to worry about the issue of stance. There is basically no problem in recruiting middle school teachers.
As for primary school and kindergarten teachers, of course, they should choose college students who have graduated from preparatory courses.
A middle school like this, with hundreds of teachers and hundreds of intellectuals, is really good. The British camp has lost so many people, and the number of people in the pro-inland camp has increased by more than 200.
There are more than 100,000 people in 500 schools. This number cannot be ignored.
Finally, there are the teaching materials.
At present, in Guangdong Middle School, except for history and ideological and moral textbooks, which are personally edited by the editorial board, other courses should use textbooks with a relatively neutral attitude.
For a short period of time, you can just make do with it, but for a long time, it won't work.
As a very large education company with a long-term plan to have 500 schools, it must have its own textbooks. Otherwise, it will not sound good if it is kept using other people's textbooks. Of course, the most important thing is that there is another reason.
"Director Lin, Lingnan Middle School is a famous school with a long history. Lingnan has been integrated since ancient times, including Guangdong, Guangxi, Hong Kong and Macao. Everyone in the company agrees that expanding Lingnan's popularity will help increase citizens' sense of belonging to the country, so we are preparing to acquire Lingnan Middle school." He Sidao looked at him seriously.
As the general manager of Qinhuai Education, He Sidao has unique insights in business and is experienced in managing schools. It is not easy to choose such a general manager.
If a general manager who is not a teacher or an academic administrator blindly advocates business, the school's future development will not be great.
Likewise, if you don't know anything about business administration, school won't last.
Education is not the result of ten years, but the foundation of twenty years. It is impossible to become a fat man in one breath. Education must first work hard for a few years, make some achievements, and then expand externally.
Therefore, even though Lin Xiaoguang agreed with what He Sidao said, he had to reject it.
"Lingnan Middle School is indeed good, but with the current size of Qinhuai Education, it is still a bit reluctant to swallow it. To put it harshly, people are not willing to swallow the elephant. Lingnan Middle School is backed by Lingnan College. If you want to acquire Lingnan Middle School, you want to
Have you ever come to Lingnan College? Will they agree?"
He couldn't help but throw cold water: "The Lingnan Department has the same origin. Lingnan College will never sell Lingnan Middle School unless it directly acquires the entire Lingnan Department."
"Do you know how much this costs?"
Zeng Yuan was very interested in what they said, so she volunteered to serve as a waiter, served tea to the two of them, and then stood aside and listened legitimately.
"300 million Hong Kong dollars." Lin Xiaoguang stretched out three fingers.
"With these 300 million Hong Kong dollars, Qinhuai Newspapers is planning to spend tens of millions to acquire Oriental Daily, Qinhuai TV Broadcasting is planning to spend 200 million Hong Kong dollars to acquire Li TV, and Qinhuai Pictures is planning to spend tens of millions of Hong Kong dollars to acquire a movie theater chain. They are spending money everywhere.
Qian, for now, it will be very good if Qinhuai Education can do a good job in the current middle school business and prepare to launch preparatory courses."
"Postsecondary education is too far away from us now. At least within four years, before this class of high school students graduate, don't think too much about it." He shook his head.
But He Sidao was very persistent. He took the tea, thanked Zeng Yuan, and then said: "Director Lin, that's what I thought."
"The Lingnan Department is actually not rich. They are now putting more energy into Lingnan College and neglecting the investment in Lingnan Middle School. As far as I know, since Principal Huang Liwen resigned last year, the newly appointed Deng Zongtai intends to transform the school from
The semi-aided schools of the Education Department will be changed into fully-aided schools.”
"According to internal information, Lingnan Middle School's finances are on the verge of collapse and can no longer sustain themselves."
Lin Xiaoguang was slightly surprised after hearing this.
Xiangjiang’s schooling system is complex, divided into 2 or 3 years of kindergarten, 6 years of primary school, 3 years of junior high school, 2 years of high school, 2 years of preparatory school, and finally 3 to 4 years of vocational education.
previous stage.
The five-year middle and high schools are divided into grammar middle schools, which are similar to ordinary middle schools in the mainland, industrial middle schools and vocational preparatory middle schools, which are similar to vocational schools.
Preparatory courses are courses in Form 6 and Form 7 that prepare students for university entrance exams. Graduates can take the Higher Level Examination.
Finally, post-secondary education offers various forms of post-secondary courses, including industrial colleges, colleges and universities.
The current Lingnan College is just a junior college, only one step away from the university. Think about it, until later generations, there were only eight universities in the whole of Hong Kong, and you know how difficult it is to apply for university qualifications. The current Lingnan College, as well as the junior college qualifications
, without hesitation, it is more important than a listed company.
There are many quotas for Hong Kong stock listings every year, but for college qualifications, one may not be issued for several years.
One can imagine how precious Lingnan College is.
Therefore, acquisition is almost impossible, but He Sidao gave another way, which is to only acquire Lingnan Middle School and not Lingnan College.
"Lingnan Middle School is going bankrupt?" Lin Xiaoguang still couldn't believe it.
As far as he knows, Lingnan Middle School is a Christian church school, inherited from the Gezhi Academy founded by the American Presbyterian Church in Guangzhou in 1888. This is the predecessor of Lingnan University. Lingnan University has a Christian church pedigree, as does Lingnan Middle School.
Western churches are generally extremely wealthy, so it is surprising that a church school would go bankrupt.
However, Lingnan Middle School changed from semi-subsidized to fully funded, which aroused his vigilance.
Schools in Hong Kong are divided into four categories. One is government, which is funded and established by the Education Department, the Chief Secretary of the Hong Kong Government, and the principal is directly appointed to manage it. The second is aided schools, with most of the funds coming from the Education Department, but its management is
The incorporated management committee of the school is responsible for the school. It is a direct subsidy school. It is managed by the incorporated management committee and the school management committee. It can charge tuition fees and enjoy a government grant calculated based on the number of eligible students in the school.
allowance.
Finally, there are private schools, which are self-financed and operated by the school sponsoring group and managed by the school board of directors.
Guangdong Middle School is currently a private school.
Lingnan Secondary School changed from semi-subsidized to fully-subsidized, which means that most of the schools are owned by the Hong Kong government.