Lin Qi then asked the lawyer to draw up a contract, which did not design equity investment at all, but was purely a loan to Run Shaw himself.

However, the guarantee of this debt is, of course, with the Shaw Brothers Cinema Line.

Shaw Brothers Films' theatrical business is a heavy asset, and due to the recession in recent years, the profits earned from box office revenue are not enough to repay bank interest, so the debt ratio has been rising.

But let's be honest, there are more than 50 cinemas in Shaw Brothers, and there are 27 cinemas in Hong Kong. The assets of these cinemas make the loan not very risky.

Even if the loan really can't be recovered, getting the collateral, that is, the cinema chain, is a very cost-effective business. Because, in the future, housing prices in Hong Kong will continue to rise, and the value of those real estate is estimated to be less than 2 billion Hong Kong dollars in the future. Now, just injecting a new loan of 300 million yuan, so that Run Run Shaw can repay those old debts that are about to mature, and there is not much risk, why not!

"Lin Sheng, I thought that a young man like you would be young and vigorous. That's why I didn't take the test to ask you to cooperate, but I didn't expect it to be ......," Run Run Shaw said with emotion.

"Uncle Shao Liu! Don't say that, although we have some business competitors, after all, it is only business competition, and there are no personal grudges. Lin Qi smiled, "In terms of personality, I admire you." Also, it's the way to cultivate oneself, I don't know, Uncle Shao, can you share one or two?"

"Well!" Run Run Shaw said briskly, "I don't know much about the way to cultivate the body, but I can copy the habits of routine and rest over the years, as well as some meditation qigong, nourishment, and so on, to you." I don't know if it's useful or not. ”

"It's useful, of course it's useful!" Lin Qi knew that Uncle Shao Liu was a legendary old man who lived to the 21st century and was 100 years old!

……

After Lin Qi returned to the company, Xiao Xiao immediately came to the office to report on the situation of the previous board of directors, and as Lin Qi expected, there were almost no voices of support.

"Reconvene the Board of Directors. Lin Qi said indifferently.

Xiao re-informed the directors, and those people had just finished the meeting and were about to go home to rest, and they were tossed by Lin Qi with complaints.

But there is no way, although the new start-up companies are all independent. However, Lin Qi is the major shareholder of each company, the new venture film and television group, Lin Qi holds more than 80% of the shares, and this company is already the absolute leader of the Hong Kong entertainment industry.

"I remember having my secretary hold a board meeting this morning to discuss the matter of investing in Shaw Brothers Films, right?" Lin Qi said pretending to be angry, "How is the discussion?"

Mr. Lin...... Personally, I don't think it's a good investment. A director said, "Our company has a lot of business, and the VCD distribution network around the world, as well as the film and television drama copyright marketing network has not yet been laid. What is the significance of acquiring a movie theater chain? If it is a movie theater film and television chain that is relatively well run and can make its own blood, the acquisition is just a purchase. However, Shaw Brothers is a money-loser, and even if a new movie theater chain is established, it is not worth investing in this kind of shabby theater chain. ”

Hong Kong's cinemas, we have counted, in the 70s, there were only about 80 cinemas, each of which was profitable, and very few cinemas lost money. However, now there are more ways to entertain, TVs, VCDs, game consoles, and many people don't need to go to the movies at all. However, Hong Kong's film industry is due to the box office market boom in the 80s, and blind investment, whether it is the number of movies or the number of movie theaters, has skyrocketed. At present, the number of cinemas in Hong Kong has probably exceeded 150! Half of the cinemas are at a loss!" A director is considered to have studied the cinema market, "Take Golden Harvest Company as an example, Golden Harvest Cinema Line earns less than 200 million yuan a year. However, Golden Harvest Cinemas now operates game halls with incidental operations, and the area is far smaller than that of movie theaters, but it earns at least more than 300 million yuan a year! The cost of introducing game consoles and game copyrights is far lower than the cost of film copyrights. ”

Lin Qi looked at everyone's analysis indifferently, although he didn't think so, but he still thought about it seriously on the surface, and after listening to it, he still said: "What you said is very reasonable! The various forms of entertainment take up different amounts of time and consumption, but they are definitely not a substitute relationship. Related, some people like both music and books, occasionally watch TV series, and go to the cinema a few days a year. Some people watch more movies, and they watch dozens of movies a year, after all, movies are more well-made than TV series...... Personally, I believe that the business of cinema chains will not become obsolete in the future, at least within 50 years, and will not decline. The problem with Shaw Brothers is that the idea of film production and cinema chain is stuck in the 60s, and there is no more advanced concept and technology to enhance competitiveness, and these are our advantages...... The projection equipment, box office statistics and Internet management system of the cinema chain are the things in the laboratory of our new entrepreneurship department. We have invested no less than $100 million in technology. If you don't take it out, the technology will depreciate and fall behind over time. There has to be a platform to put our technology and ideas to the test!"

"Boss, can you take a look at the new projection equipment?" The shareholders of the new start-up film and television company have never seen 2K digital projection equipment.

Because these devices are developed by Xinchuang Electronics Industry Group, they are ostensibly equipment in the film industry, but in fact, they are more related to computer, optical and other technologies.

These artists who engage in films, in terms of professional equipment, are not as good as those technical experts.

Huang Xizhao had seen the equipment, and said, "It should be the Humen Film and Television Base, right? Over there, there seems to be a laboratory specializing in film and television equipment?"

"Digital Film and Television Institute. Lin Qi said indifferently, "This project is composed of a team from Xinchuang Electronics Group, Linmeng Technology and the Chinese Academy of Sciences. It involves the projection equipment and cinema management system of the film. And then there's ...... Digital cinema camera!"

"What? The equipment for the film is going to be replaced?"

"Yes!"

As the industry's top rule-maker, Lin Qi is naturally unwilling, and he has to introduce foreign high-end cameras, films and other consumables to make movies.

He directly borrowed from the future technology development ideas, and did not use traditional film shooting equipment. Instead, they took advantage of the company's advantages in computer technology, and then anxious about some researchers in film and television equipment and optics, and spent a lot of money on it. Digital cinema cameras, DSLR cameras, DVs, etc., are not very difficult to make.

Because these technologies are just a creative and symbolic, there are also these products in China in later generations, but because they entered the market late, the high-end market has been carved up by overseas giants, and they can only start from the low-end. Low-end margins are low, and technology catch-up is becoming more and more difficult.

Lin Qi knows these directions, and naturally allows the domestic R&D team to produce results in advance before overseas counterparts develop them!