Chapter 708 - A New Venture Film and Television with Rich Money
"Congratulations, Xingzai, now you're a billionaire too. ”
"Congratulations, Brother Wang Jing, you earn more than me!"
"Everyone is happy, but no matter how much you earn, it is a fraction of Mr. Lin!"
"Who would be bored and richer than Mr. Lin, people are the reincarnation of the God of Wealth, and the wealthy families in Hong Kong are not as rich as Mr. Lin alone!"
"That's ...... At the level of Boss Lin, the listing of a company with a market value of 10 billion is too lazy to care. The profit that people make in a week is much more awesome than that of the entire new venture film and television. ”
After the new start-up film and television company went public, it naturally created many billionaires, as well as dozens of multimillionaires. The employees of the entire new start-up film and television company are walking sideways in the industry, and when they see other peers, they all nod indifferently, feeling that the entire entertainment industry is just like that, anyway, all of you are not as good as our new start-up film and television group. And the proportion of the new venture film and television group in the new entrepreneurship department is 1% or a little more? Anyway, in the super consortium of the new entrepreneurship department, it is not a very large company.
As for Hong Kong investors, they are even more satisfied, especially those who buy new shares and subscribe to new shares. Xinchuang Film and Television issued 1.5 billion shares at a price of 1 yuan per share. This also makes it possible for ordinary investors to subscribe with a high probability.
The closing price of the day has risen to 3.4 Hong Kong dollars, which makes many investors excitedly talk about how many times they have earned. Unfortunately, most investors only subscribe for 1,000 shares and 2,000 shares. Although it soared in the short term, because there were too few new shares, it would make some money to subsidize the family, and it was impossible to get rich if you wanted to get rich.
The one who earns the most is naturally Lin Qi.
After the listing, Xinqi Future Holdings, as the parent company, still holds 62% of the equity of Xinchuang Film and Television Group. The market value of the shares has skyrocketed to more than HK$21 billion. Over the years, Lin Qi has successively invested no more than 600 million yuan in the new venture film and television group, and basically earned it back through dividends.
The most investment should be the Humen Film and Television Base, which has spent more than 3 billion yuan over the years, relying on the expansion of different scenes and buildings of the Humen Film and Television Base. But now, Humen Film and Television Base has provided more than 1 billion yuan of rent, tickets, tourism, hotels and other income every year. Although, it is necessary to continue to invest hundreds of millions of yuan every year. But it's already making a profit, not a loss. In the future, even if construction is taking place every year, however, the cash flow provided will only increase.
However, Humen Film and Television Base has now been spun off from the listed company, which is in the unlisted assets of Xinqi Future.
In general, listing should be an effective means of wealth realization and capital leapfrogging. A bull market situation with good market conditions. It can be issued at a high price, which is conducive to increasing the net assets of old shareholders. In a bear market, you can pay more dividends or buy back and cancel them to enhance the long-term returns of old shareholders. In general, even if the holdings are never sold, Lin Qi has countless ways to use the assets after listing to provide more returns to himself. That's why many companies are rushing to go public.
After the listing on the Stock Exchange, the funds of HK$1.5 billion were deducted from the underwriting and issuance costs of HK$50 million, and the funds received were HK$1.45 billion.
With HK$1.45 billion in cash, Huang Xizhao was bold enough to not only announce that he would increase his capital by HK$350 million this year to its subsidiary Shaw Brothers Cinema Line, allowing Shaw Brothers Cinemas to add 15 new cinemas, gradually breaking the number of Shaw Brothers cinemas to 100. It's not just about opening movie theater chains in Hong Kong, Singapore, Malaysia and other places. In addition, the company plans to enter the local theater market in Japan and Thailand through direct investment and joint ventures.
In terms of TV business, the new venture film and television group has increased the production capacity of TV dramas of its Xingchen Channel, as well as improved the distribution capacity of TV dramas, and plans to produce 1,000 episodes of high-quality TV dramas every year, with a cost of not less than HK$500,000 per episode. This investment will not be less than HK$500 million.
The film business is to increase investment and support for the works of directors such as Tsui Hark, Stephen Chow, Wang Jing and so on. And, in line with international standards, the output of film and television is not king, but the quality is king.
In terms of game business, the company also announced that it would invest HK$300 million to follow up with the high-quality game projects under the new venture electronics group.
In other words, if it is an ordinary film and television company, the funds raised just after going public will quickly want to spend it, and I am afraid that shareholders will suspect whether it is cheating money. However, the new venture film and television group, as the main film and television entertainment aircraft carrier of the new venture department, is naturally not worried.
It's just the company's popular film and television dramas, which are expected to be sold to brother companies and adapted into games, and can follow the games of the new entrepreneurial department, which is also a huge growth point for the company in the future.
It is precisely for this reason that even though the market value of film and television culture companies in Hong Kong is generally not high, the new entrepreneurial film and television group has once again staged a new entrepreneurial exception!
For other film and television companies, the market value of hundreds of millions or tens of millions is about the same. However, the new entrepreneurship department is not at the same level as those miscellaneous fish, it is completely the same as those giants in Hollywood, a degree of market capitalization specifications!
Perhaps, there is a big difference with giants like Disney, but the market value of ordinary Hollywood film and television giants may not be as high as that of new entrepreneurial film and television groups.
Huang Xizhao reported his development plan to Lin Qi, who glanced at it lightly and made a little modification. But overall, it is still done by an insider like Huang Xizhao.
Now Huang Xizhao is also a rare head of an entertainment and cultural enterprise in Hong Kong with a market value of more than 10 billion yuan, and his business spans TV stations, film and television production, cinema distribution, VCD copyright and distribution, etc. In addition, it is also the first Chinese entertainment giant to establish distribution channels in more than 100 countries and regions around the world.
In addition, there is also the channel of Columbia Pictures, which complements the channel of the new venture film and television group, resulting in the fact that the new venture film and television group is just a channel, and it is already the same starting line as Hollywood, and the key film and television works can be distributed globally.
Compared with its Hollywood counterparts, the biggest gap may be the Chinese-speaking cultural circle, the local market is relatively small, so relatively speaking, it is also relatively fragile.
However, in the future, with the development of the domestic economy and the increasing prosperity of the cultural market, the weakest link will also be compensated. In addition, the development of the domestic market will become the future business growth point of the new venture film and television group.