Chapter 397 Capital Operation

readx;

"Sea Tiger 2" has become a new vane in the Chinese-speaking market, at least in terms of commercial films, countless film industry insiders have analyzed the success logic of the "Sea Tiger" series of films from different angles. Pen? Interesting? Pavilion wWw. biquge。 info

Some people think that the movie special effects scenes are advanced, and the special effects of "Sea Tiger 2" are built by a team of film special effects elites from the mainland, Hong Kong and the United States.

Some people also pointed out that it is the attraction brought by the copyright of the comic book "Sea Tiger", there are precedents of successful film and television adaptations of Jin Yong and Qiong Yao's works in China, and there are even cases of American superhero comics and movies that have swept the world overseas. Therefore, domestic filmmakers are gradually paying more and more attention to manga movies. The few popular Hong Kong comics have been carved up by major film and television companies. It is reported that the copyright of a popular Hong Kong comic has actually risen to 5 million yuan, which is more expensive than Jin Yong's novel adaptation authorization!

Of course, some people said sourly that because the partner company is rich and powerful, and has advantages that are difficult for other companies to compare with in terms of distribution, the box office of the movie will be so successful!

The summary of all aspects is reasonable.

After "Sea Tiger 2", the director of the film, Liu Weiqiang, is also regarded as the first person to adapt 3 films from Hong Kong Comics. People began to summarize the "Crazy Boy" series, "Fengyun", "Chinese Heroes" and a bunch of Hong Kong comic adapted movies, the director is Liu Weiqiang, it seems that he has a very successful grasp of the Hong Kong comic film adaptation. not only mastered the essence of the comic plot, but also knew how to adapt to the film market.

For Liu Weiqiang, a big bull, Golden Harvest Company quickly put forward a solicitation plan, and the company took out stock options worth 100 million Hong Kong dollars, with an exercise price of 20 Hong Kong dollars, and could subscribe for up to 5 million shares. But. After the exercise period is five years, Golden Harvest and Liu Weiqiang signed an agreement to only make films for Golden Harvest within five years, and after expiration, the option can be exchanged for Golden Harvest shares at a price of 20 yuan per share. Afterwards. Whether you sell your stocks and leave, or continue to stay in Golden Harvest, you can do it.

In addition, for Ekin Cheng, who is currently popular, Golden Harvest also gave an option plan of 80 million yuan, and within five years, he will exclusively cooperate with Golden Harvest, and in the future, he can subscribe for 4 million shares of Golden Harvest at a price of 20 yuan per share.

Because, Golden Harvest's stock is very hot, so this future option. Now I don't have to pay a penny, but I still attracted Liu Weiqiang and Ekin Cheng to join.

Yu Dong, CEO of Golden Harvest Entertainment, said: "We hope that directors and actors will become shareholders of the company. The future of Golden Harvest is not only our small partner company. It is also a company for all colleagues in the film and television industry. I hope that in the future, we will hold a general meeting of shareholders and participate in the meeting, not only from Hong Kong, but also from China, Taiwan, Asia, Europe and the United States. It's not just that shareholders want to be ordinary investors. I also hope that they are screenwriters, actors, directors, special effects artists and other practitioners related to film and television...... Our goal is to give investors more than just long-term returns. I also hope to make Golden Harvest the most recognized listed company in the world's film and television industry! ”

As soon as this pretending words fell, Golden Harvest's stock price rose again. The reason is ...... Some out-of-fashion actors in Hong Kong, or practitioners who want to be popular, want to take a stake in Golden Harvest and participate in Golden Harvest's shareholders' meeting, so as to get to know the company's executives. Get a chance to become popular even more!

To a certain extent, it is also the recognition of Golden Harvest by industry insiders1

Next, the "Sea Tiger" movie also began to be comprehensively promoted in the foreign language market......

Some film analysts call "Sea Tiger 2" the global box office. A conservative estimate should break $100 million! This data, for a purely Chinese-language film, is definitely a record-breaking result, if it can really get such a high box office!

In the past, although there were Chinese actors and directors, they participated in and directed American films, and obtained hundreds of millions of dollars at the box office. But this is not a success of Chinese-language films, it can only be said to be the result of the developed film industry in the United States, and if other non-Chinese directors and actors are replaced, the box office will not be bad.

A truly pure Chinese film, due to the investment of Chinese film capital, the works created by Chinese film industry insiders are currently not a single box office of hundreds of millions of dollars!

The financial media began to settle accounts, believing that if the global box office was hundreds of millions of dollars, Golden Harvest Entertainment's net profit on the "Sea Tiger 2" project would exceed 200 million Hong Kong dollars!

Coupled with the profits of other businesses, Golden Harvest Entertainment in 2006 may earn 300 million yuan!

With the news coming out, Golden Harvest Entertainment's share price broke through the HK$50 mark!

Of course, the executives, staff, and actors who held the options began to cash out, took out real money, subscribed to stocks, and sold arbitrage in the secondary market.

These options are only a few million shares, and their impact on the market is limited.

After the options were exercised, Golden Harvest Entertainment threw out a 6-year convertible bond issuance plan, issuing a total of 2 billion yuan of convertible bonds, and the annual interest rate of the convertible bonds was only less than 2%, and the interest was very low.

Each convertible bond with a face value of 100 yuan pays an interest of 2 yuan per year on a regular basis, and if it is not converted into a stock at maturity. Golden Harvest will pay $12 in interest and return $100 in principal amount of each bond at maturity.

If investors only come for this interest, they will naturally feel that it is chicken.

However, Golden Harvest convertible bonds have the option to convert shares, each with a face value of 100 yuan, and investors can choose to exchange the bonds for shares of Golden Harvest Entertainment at a price of 50 yuan per share.

Assuming that the stock price is higher than 50 yuan and rises to 60, 70, 80 or even 100, investors can still subscribe at the price of 50 yuan.

However, if it is unfortunate to encounter a bear market, the stock price will be depressed and lower than 50 yuan for a long time. Then, if the investor who holds the convertible bond subscribes at a price of less than 100 yuan per bond, he will not lose money, at least the principal will be protected, and the interest of the bond will be obtained.

Convertible bonds with dual debt and equity can be set very low because there is an element of future options in it.

The advantage of holding convertible bonds is that investors can attack and retreat. After the stock price skyrockets, you can make a profit by exchanging the debt for cheap stocks. However, the stock price is low and it is not cost-effective to exchange shares, so it can be held as a bond.

Due to the popularity of Golden Harvest Entertainment's shares in the market, the convertible bond issuance program was a great success. Many investment banks have also purchased Golden Harvest convertible bonds. Some prudent investors have also exchanged Golden Harvest's shares for Golden Harvest convertible bonds.

Golden Harvest Company is naturally the largest vested interest, convertible bonds are issued, if the stock price soars, investors will subscribe to the shares in the future, do not need to repay the debt. If the investor holds the bond and does not exchange it for shares, then only 2% interest will be given every year!

A series of capital operation plans have also brought the value of Golden Harvest, a listed company's financing and equity incentive platform, into full play! (To be continued.) )

...