The strength of the Qin family in Malaysia is very good, and the most important thing is that the Qin family has a cinema chain in their hands. Sixty percent of the cinema chains in Malaysia are in the hands of the Qin family.

It is precisely because of this that the Qin family is qualified to enter Zhang Fan's eyes. to be qualified to cooperate with Longteng Group.

The two sides set up a joint venture company, with Longteng Group holding 51 percent of the shares and the Qin family accounting for 49 percent of the shares.

A controlling stake is a prerequisite for cooperation, but the president of the company gave it to Qin Kun. Moreover, Longteng Group said that if the company does not suffer large-scale losses in the future, Qin Kun will not move in this position.

The established joint venture company is a cinema company, and what they want to do is a cinema chain. Longteng Group brings technology and capital to prepare for the large-scale construction and installation of Longteng giant screen cinema in Malaysia.

Everyone knows the fame of the Dragon Giant Screen. A Jurassic Park made the Dragon Giant Screen completely famous. Even now, there are still many tourists who go to Huaxia to experience the super hall of Longteng.

That level of cinema is not available in Malaysia. Now Longteng Group has brought this product and is ready to build 100 large-scale cinemas in Malaysia.

Don't look at the fact that there are only 100 theaters, but the investment in each theater is very large. And the number of people that can be accommodated in each theater is also very large.

It can be said that these 100 cinemas are the top cinemas in Malaysia. Each theater has eleven halls, including ten standard halls with 240 people and a Class A hall with 600 people.

In other words, a movie theater can accommodate 3,000 people at a time.

100 theaters, which can accommodate 300,000 people at the same time. This is already quite a terrifying number, after all, the whole of Malaysia has a population of just over 30 million.

These 100 theaters are more than enough. The investment in these cinemas is very large, and the investment budget for each cinema is about 100 million yuan.

100 theaters is 10 billion, which is too big. According to the shares, the Qin family needs to come up with 4.9 billion yuan.

For the Qin family, it is naturally impossible to take out this money. But fortunately, Longteng Group is willing to pay first. In the future, it will be deducted from the profits of these theaters, and the money will be temporarily lent to the Qin family first, but this money is interested, and the interest is not low.

For the Qin family, this is the empty glove white wolf. The Qin family naturally would not refuse, but the Qin family also knew what the Longteng Group wanted.

They want to use the Qin family's connections to develop in Malaysia. The cooperation between the two parties is not only for the theater chain, but also for the future cooperation in films.

The investment in cinemas is large, but these cinemas have a requirement. That is, the house must be owned, that is, the house is not rented, but the property right of the joint venture company.

In this way, it is not expensive to invest 100 million in a movie theater. After all, every cinema needs a very large house.

Fortunately, the housing prices in Malaysia are not too expensive, if they are similar to the housing prices in the first-tier cities in China, 100 million yuan can't even buy a house.

And the houses in Malaysia are all freehold, and if you buy it, you will be your own.

Entertainment industry, this is the first step of the plan. Longteng Group not only invested in cinemas, but also established a joint venture film and television salary.

There are many shareholders of this film and television company, in addition to Longteng Group and Qin Family, there are more than a dozen shareholders, and these shareholders are all very powerful people in Malaysia.

They knew what Zhang Fan wanted, and at the same time, Zhang Fan also knew what they wanted. Joint ventures to make money together and jointly develop the Malaysian market.

Xu Hui has achieved good results on his side, and the negotiations on the other side are nearing completion.

"Happy ...... cooperation"

"Happy ...... cooperation"

The capital of Malaysia, in the presence of journalists. An acquisition has officially come to an end. The acquisition was negotiated for months.

Now that the curtain has finally come to an end, the news is terrifying. When it was announced, both Malaysian and Chinese netizens were shocked.

Longteng Group acquired a 49.9 per cent stake in Malaysia's Proton Group and a 51 per cent stake in Rust for RM470 million.

Not only that, but the Tesla Group has also achieved the most important management rights. Proton's largest shareholder, Malaysia's national investment agency, State Holdings, only enjoys the right to dividends.

In the future, unless Proton loses money for three consecutive years, Malaysia may take back control.

There are strict agreements in this, and Longteng Group naturally does the best. To put it simply, Proton under the management of Longteng Group in the future may lose its controlling stake unless there are huge losses for three consecutive years.

For Longteng Group, if the future really goes to which step. Then this brand is probably meaningless.

Proton Group is Malaysia's national brand, Malaysia's largest car company, and the only full-fledged vehicle manufacturer in Southeast Asia.

But this glory did not bring profits, and the Proton Group has been losing money for many years. Because the entire Southeast Asian market is the world of Japanese cars.

Proton's strength is compared to the technology of Japanese cars. It's too much worse, and for this brand, Ma Fang is very emotional. So this time they made concessions and gave up management and so many shares.

It's all about technology, Tesla's electric car technology. Because Tesla promised, the future shell car Proton will also be used.

To put it simply, Proton's location is the same as Hongqi's. In the future, it will be Tesla's shell car.

For Longteng Group, the acquisition of Proton is an important step in the automotive industry. With the acquisition of Proton, Proton can be used as a springboard to bring electric vehicles to Southeast Asia.

Traditional fuel vehicles cannot compete with Japanese cars, but in the field of electric vehicles, no one dares to compete with Tesla, and neither can Japanese cars.

However, all countries in Southeast Asia are right-hand drive cars, so Tesla's shell car still needs to make some changes, after all, the country is left-hand drive.

With Malaysia as the fulcrum, target the entire ASEAN countries. This is the plan of Longteng Group. In terms of physical manufacturing, the electric vehicle industry is what they do best.

Acquired Proton and completed production of shell cars in Malaysia. For Malaysia, this will not only enable Proton to turn a profit, but also increase employment and allow them to learn advanced technology.

This is the same as the domestic joint venture brand, and the idea is the same. At that time, Huaxia Automobile joint venture also took this route.

This news has caused heated discussions in China, and at the same time, it has also made major car companies around the world nervous. Especially the Japanese car companies, they didn't expect Longteng Group to reach out to foreign countries so quickly, and directly to the Southeast Asian market they control.