"Everyone, the specific situation must have been well understood through the news reports in the past period of time, I will not go into detail here, the current situation is that Shuguang Film has announced financing in just three days, including Poly Bona, Guangguang Media, Xin Baoyuan and Baohong Four film and television companies. If it is ordinary financing and shareholding, the key is that these four film and television companies are all leaders in our domestic film and television industry, among which Poly Bona can be said to be the best distribution company in the mainland in terms of film distribution capabilities, and Guangguang Media occupies the first place in China in the field of TV programs and hosting activities. As for Xin Baoyuan and Baohong, due to the existence of Zhao Baogang, the two are undoubtedly one of the best TV drama production companies in China, and Poly Bona and Guangguang Media are seeking to go public like us.

In Kyoto at the beginning of March, the weather seemed to be clear in an instant, and the sky was clear for many days, but the Huayi brothers were shrouded in a heavy atmosphere.

"Of course, the situation is very unfavorable to us, due to the existence of Dawning Films, the original investment community is full of doubts about us, and does not trust our production strength and development potential, it is conceivable that with the significant increase in the stamina of Poly Bona and Guangguang Media, the doubts of the investment community will be further intensified, and now the dilemma in front of us is that if we do not do anything to go public, the market value will definitely be seriously undervalued, but the measures are not so easy to do, or we will also invest in mergers and acquisitions. Compete with Shuguang Films, or introduce heavyweight partners to enhance the confidence of the investment community. Ma Yun shook his head and said.

There was a little silence in the conference room, everyone was thinking about Jack Ma's words, and it was obvious that doing nothing would work, and who knew how much the market value would be undervalued. As for mergers and acquisitions. Huayi Brothers' own funds are not abundant, if you want to engage in mergers and acquisitions, either in the form of equity replacement, or out of pocket, all shareholders according to the shares, the former means that their shares will be diluted, the latter is obviously not a good choice, everyone is now waiting for the company to go public to cash out and make money, at this time it is undoubtedly stupid to throw money. After all, as long as there is no official listing, there may be problems in the listing process of Huayi Brothers, no one can guarantee that Huayi Brothers will be listed in a short time, and no one can guarantee that it will be worth the money after mergers and acquisitions. The introduction of collaborators is nothing more than a dilution of their own shares.

Among the people present, the most wealthy ones are undoubtedly Jiang Nanchun and Lu Weiding. When they heard Ma Yun say that he was fighting hard with Shuguang Movie, the two shook their heads almost at the same time. They are not film people themselves, and the only purpose of investing in Huayi Brothers is to obtain economic returns, so they will only consider the most beneficial way for their own investment, and the biggest advantage of Huayi Brothers is that they have a group of star shareholders, because of the existence of Feng Xiaogang, so that the company has a relatively stable and reliable production strength. But the problem is that Feng Xiaogang is a very appealing director in China, but he is limited by the type of film, compared to Lin Yuquan, he can only make a small fuss in China, and the star agent can only help the company in terms of influence. Unable to make up for the shortcomings in production strength, which also makes Huayi Brothers, as the investment community said, the development potential is easy to touch the ceiling, such a company, too many mergers and acquisitions before listing is obviously not a wise move, and as a non-listed company, unless real money is spent on mergers and acquisitions, otherwise the other party may not accept equity replacement on the one hand, even if it does, it is difficult to talk about valuation.

M&A is not unnecessary, but it is more important to wait until after listing, and use the company's IPO financing and calculable share value to carry out multi-channel M&A and acquisition, or enhance its own production strength, or find more diversified revenue channels to reduce risks in the field of film production.

"I think it's better to introduce heavyweight collaborators, didn't Lin Yuquan want to raise funds and buy shares before? I think Lin Yuquan is undoubtedly the best partner to work with, not to mention his influence, Shuguang Group is now involved in films, TV series, variety shows, video websites, cinemas, artist brokerage, film and television bases, games, online literature and other fields, it can be described as the layout of the whole industry chain, once introduced to the other party, it can bring us a lot of help in terms of resources. After a little hesitation, Jiang Nanchun said out loud.

"Agree, Lin Yuquan is indeed a good introduction target." Lu Weiding followed up and said.

Wang Zhongjun smiled bitterly: "Two, I also admit that Lin Yuquan's shareholding will be of great help to our listing, but Lin Yuquan's shareholding conditions are really unacceptable, and you have also seen his shareholding in Guangguang Media and Poly Bona, and he wants at least 20% of the shares." ”

20% ah, the crowd fell silent again, which means that their shares will be greatly diluted.

"I think it's still worth it, once Lin Yuquan becomes a shareholder, he has both his personal influence and complementary resources, and presumably our market value growth after listing can be higher than 20%." Feng Xiaogang said.

"Gao should be higher, but this kind of share payment is obviously too much, if we dig up one or two heavyweight directors, we must be able to achieve the same effect, such as Zhang Yimou, Chen Kaige, and at the same time, it can also improve our production strength." Wang Zhonglei said.

"I object, Zhang Yimou and Chen Kaige's current situation is not good, affected by the negative impact of the two movies "Full of Golden Armor" and "Wuji", both of them need to prove themselves with new movies, so as to get out of people's distrust, the problem is that the new movies of the two are all unknown, and the uncertain risk factor is too high, which is very likely to drag down the company's stock price. In addition, compared with Director Feng, Zhang Chen and Zhang Chen both lack the ability to create independently, which makes the stability of their works not high, and the investment and production of films are inevitably extremely risky.

I still recommend choosing to introduce Lin Yuquan, the introduction of Lin Yuquan may dilute the shares in our hands, but his influence and the various resources of Shuguang Group are what we need, not to mention the situation of the other party's financing to invest in Guangguang Media and Poly Bona, we should get a high valuation, so as to do so. There is a huge amount of money, and even if we can't go public in the short term, we have plenty of funds for development. ”

Ma Yun said slowly that whether he is at the helm of Alibaba or an investor in Huayi Brothers, he needs to come forward to show his support for Lin Yuquan as the former. He needs Lin Yuquan to support his decision-making in Alibaba affairs, as the latter, he thinks Lin Yuquan is a very suitable partner to work with, unlike him, Jiang Nanchun and Lu Weiding, Lin Yuquan, as the most successful Chinese director in the world, is bound to bring great help to Huayi Brothers in terms of film decision-making.

The corners of Wang Zhongjun's mouth were bitter, he naturally knew how much help the introduction of Lin Yuquan would bring to the Huayi brothers, but he thought that the control of the company would change hands in the future. He resisted.

"If Zhong Lei is worried about the future control, he can negotiate with the other party and even sign an agreement when he raises funds and shares, and as long as there are no problems with the operation of Huayi Brothers, I don't think anyone will want you as the founder to step down." Ma Yun said unhurriedly, and it is in this way that he firmly controls Alibaba.

Maybe that's the only way to go, Wang Zhongjun sighed secretly. Although he and Wang Zhonglei's combined shares have exceeded 50%, it is completely possible to directly veto the opinions of others. But I have to admit that the effect of introducing ordinary collaborators is far less good than that of Lin Yuquan.

"What about other people's opinions?" Wang Zhonglei looked at the others.

"Agreed." Feng Xiaogang took the lead in saying that not to mention that he had a good relationship with Lin Yuquan, what he was most concerned about was whether Huayi Brothers could go public as he wished, and obtain the highest possible market value, so that he could cash out and leave directly. As for the future operation of Huayi Brothers, he didn't think about it so much.

"Agreed." "Agreed." "Agreed." Others have also taken a stand.

Seeing that his younger brother Wang Zhonglei also agreed, Wang Zhonglei suddenly made a complete decision, nodded and said, "That's good, but how to convey our attitude to Lin Yuquan?" ”

"If you don't mind my relationship with him. Why don't I talk to him! Ma Yun said.

Wang Zhonglei tapped his fingers on the tabletop, slightly hesitating.

"I'm just saying that I welcome his attitude of financing and shares, and the specific details are, of course, Zhong Lei, your own responsibility." Jack Ma then added.

"That's good." Wang Zhongjun suddenly smiled

"Uncle and aunt, this Jing restaurant has been named one of the 75 best restaurants in the world by an authoritative magazine in the United States, and things like sweetheart duck flavor, tortellini, pan-fried lobster, scallop with yuzu salad are all specialties here, you should try more later."

In the Jing restaurant of The Peninsula Beijing, Liu Shishi said with a smile on his face, next to her was Lin Yuquan, and opposite was Lin's father and mother.

"Okay, Shi Shi said it was delicious, then it must be delicious." Mother Lin said kindly.

"It's not that I'm the only one who thinks it's delicious, everyone thinks it's delicious, and Yuquan said it was very good." Liu Shishi's face was a little hot.

"Yes, it tastes great." Lin Yuquan smiled, it was rare for Lin's father and Lin's mother to come to Kyoto once, during this time, he accompanied him to eat out every night, preparing to eat all the high-end restaurants in Kyoto before the second elder returned to Rongcheng.

"Okay, what topics did you discuss at the meeting today?" Compared with Mother Lin, Father Lin is obviously more concerned about Lin Yuquan's situation at the two sessions.

"Don't you see that others are still giving alms? Why talk about this during dinner, and talk about it when you go back. Mother Lin glared at Father Lin.

Lin Yuquan and Liu Shishi immediately looked at each other and smiled.

After enjoying a sumptuous and delicious dinner in a pleasant atmosphere, he sent Yifei home first, and after returning to Ziyu Villa, Lin Yuquan chatted with the two elders about the CPPCC meeting while watching TV.

"You're not really happy, your smile is just the protective color you wear, you decided not to hate, and you decided not to love" When chatting, the mobile phone rang, looked at the caller ID, and said hello to the second elder, Lin Yuquan got up and walked out of the living room.

"Hey, Lao Ma, is there any urgent decision from the company to call so late?" Lin Yuquan's eyes were full of smiles.

"Heh, isn't it business, can't I call you? For example, I ask you to play golf, climb a mountain or something. Jack Ma laughed.

"Honestly, it's not likely, you're a real workaholic." Lin Yuquan chuckled.

"Okay, it's something, but it's not Alibaba's business, it's Huayi Brothers' business, it's really a continuation of Yuquan's consistent style, if you don't make a move, it's just a shot, and it's earth-shattering!" Jack Ma said with a smile.

"What's the matter, didn't I fail to invest in Huayi Brothers before, why? Now Huayi Brothers has the idea of inviting me to join the shares? Lin Yuquan said with a relaxed face, as soon as Ma Yun mentioned the matter of the Huayi brothers, he immediately guessed the intention of Ma Yun's call.

"Awesome, that's right, the best private film and television companies in China have joined forces, which must be able to bring earth-shaking changes to the domestic film and television industry, I believe this is also what Yuquan wants to see, and in the case of sitting on the Dawning Network, Dawning Reading Network, Dawning Film and Television Base, Dawning Cinema Line, Dawning Games, through the integration of resources, you can create a huge pan-cultural empire." Ma Yun said with admiration that he is very optimistic about the huge prospects of the pan-cultural industry, but unfortunately he has no funds to implement it, and because Lin Yuquan has taken the lead, even if Alibaba has sufficient funds in the future, it is impossible to compete, but cooperation is possible, presumably Lin Yuquan, the major shareholder, will not refuse at that time.

"The scene described is grandiose, but it's not as complicated as I thought, I just want to build a fun entertainment empire." Lin Yuquan smiled: "Let's talk about Brother Huayi, what are the conditions for joining the shares?" How many shares can I buy? And what is the valuation of the company? ”

Of course, if the Wang brothers make serious decision-making mistakes, not only you, but no shareholder will allow them to continue to take charge of the company, and other details are agreed between you and Wang Zhongjun, as long as the shares do not exceed 20%, there will be no obstacles." Ma Yundao.

"Well, well, as long as the valuation isn't too outrageous, I can accept the conditions." Lin Yuquan groaned for a while and agreed.

"Okay, I'll make a bridge here, and you can talk about the rest slowly."

Now that the leaders of the two sides have basically reached an agreement, the remaining so-called negotiations will naturally not take long.

Just four days later, a piece of news once again shook the entire Chinese entertainment industry.

"Shuguang Group raised $80 million to invest in Huayi Brothers, occupying 20% of the shares, and the two sides said that there will be a number of cooperation in the future." (To be continued.) If you like this work, you are welcome to come to the starting point () to vote for recommendation, monthly pass, your support, is my biggest motivation. For mobile phone users, please go to M. to read. (To be continued.) )

PS: I don't know much about the capital market, it's pure nonsense, don't take it seriously!!