Chapter 534: I'm not here to build infrastructure

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"Lao Wang, no, absolutely not. Pen %Fun %Pavilion www.biquge.info My cinema chain is to engage in branding, not a screening hall in the countryside. According to your approach, our cinema chain is even worse than the video halls in Hong Kong. This is definitely a matter of smashing the signboard, and I would rather add more money than make our company's theater line look like this.

Oh my God, a movie theater of 300,000 yuan, there is no way to watch it at all. If I really build a movie theater like this in the mainland, I will ensure that many people will poke me in the backbone in the future, no, absolutely not. After understanding what kind of virtue his movie theater was in Lao Wang's planning, Li Mingbao immediately refused.

According to Lao Wang's statement, movie theaters are more economical, but if such a movie theater is taken out, its own theater in the mainland, it will directly become a low-end product, and when there are more competitors in the future, a movie theater like his own will definitely be the first to go out of business. He is not here to popularize the mainland cinema line, but to make money, such a project, if it is really done, the brand will definitely rot, not to mention the top 20 years, even if it is ten years, his own cinemas will become a loss-making industry, even if it is upgraded across the board, it will not be able to save his reputation.

If state-owned enterprises do this, there is no problem with how quickly and well they can save money, anyway, even if they go bankrupt, there will be a state to close up. But if he were to do this, he would definitely be looking for death. Brand building doesn't happen overnight, but it's definitely easy to ruin a brand. Although he is doing this now, although it is in the interests of the mainland, it is absolutely not in the interests of Li Mingbao himself.

Popularizing movie theaters or something, that's a matter for the mainland, and if he uses his own industry as such a substitute, then his $300 million will be completely wasted. Although if he really gets these movie theaters out, he will be able to get a lot of land, even if he doesn't make movie theaters in the future and changes to real estate, he can make a lot of money, even more than he can make a movie theater.

But this kind of money is not what Li Mingbao wants to do. What he wants to do is to establish a cinema chain with a very large scale and specifications, so that his film kingdom can achieve greater development, instead of engaging in some side businesses that he is not willing to enter at all, which is not beneficial to his own industrial planning and design.

However, Li Mingbao's worries, Lao Wang did not understand it at all, he could not imagine how fast the mainland's development would be, and even the top leader could not have imagined that the mainland's development would be so rapid these days. Therefore, in his opinion, the cinema that can be used for a long time will not last long at all, and in less than ten years, such a cinema will be completely reduced to a lower grade than the video halls that show small movies on the street.

Li Mingbao is here to get a theater, not a video hall for small movies, and if a movie theater of this scale is not high enough, why should others watch the movie? In terms of the rapid development of movie ticket prices, people who can afford to watch movies in the future are not particularly poor, and they enjoy such low treatment that others will not come at all. When the time comes, he will be able to lose money to him Li Mingbao, let alone make money.

"How could anyone come and poke Boss Li's backbone? Boss Li, if you want to do this, you are definitely doing a good deed, the broad masses of the people need movie theaters, instead of getting hundreds of high-standard movie theaters out, it is better to get thousands of low-standard movie theaters out, so Boss Li, you can make more money, right?

Besides, the standard of 300,000 yuan to build a movie theater is not low. Even if it is converted into Hong Kong dollars, doesn't it have to be 1.2 million Hong Kong dollars? If you exclude the cost of real estate, the movie theaters that we have made in China are actually similar to the movie theaters in Hong Kong, and there is nothing low-end or low-end. For Li Mingbao's resolute refusal, Lao Wang was very puzzled.

It stands to reason that Li Mingbao has no reason to refuse like him if he takes care of Li Mingbao like this, right? What can make money from 300 movie theaters, but how much more money can be made from 2,000 movie theaters? That's obviously impossible. But Li Mingbao would rather open 300 movie theaters than 2,000 movie theaters now, which makes Lao Wang puzzling.

If he were replaced by Lao Wang, he would never refuse such a condition, just thinking of the land occupied by 2,000 movie theaters, it is not comparable to 300 movie theaters. Although the price of land in the mainland and Hong Kong is different, and the land in the mainland is not worth much now, but this kind of thing, as long as it is developed, it will be able to sell at a starting price sooner or later.

As for Lao Wang's statement that if the difference between the two places is removed, the cost will be about the same, but he is not telling a lie, according to the official exchange rate, the current renminbi is much stronger than the Hong Kong dollar, and a person can exchange it for four Hong Kong dollars, 300,000 yuan, which is equivalent to 1.2 million Hong Kong dollars.

"Lao Wang, let's not talk about the exchange rate, okay, the exchange rate of the RMB and the official exchange rate of the Hong Kong dollar, can such a thing be taken seriously? If the exchange is released, how many people do you think will exchange four Hong Kong dollars for one yuan? In particular, in terms of the exchange of industrial products, can the industrial products that can be bought in Hong Kong for 120 yuan be bought in the mainland for 30 yuan? This is obviously not going to work, no one will come to do such a business.

To be honest, if I were in the real estate industry like Li Chaoren, then I would definitely prefer more movie theaters to come out, and I wouldn't care if the low-end is not low-end. But the problem is that I don't plan to enter this industry, at least not now, and even if I have such plans in the future, it will not be my main business.

Therefore, as long as the land is enough for my own use, I am satisfied, and it does not make much sense to take more land in my hands. Although I know very well that with the development of the mainland economy, it will definitely be more profitable to do real estate than the film industry, but my main business is not in this area. So I don't really care that much about the money in this area.

What I care about is the cinema chain. Although it seems now, as you said Lao Wang, it is very good for me to do it, and the money made by 2,000 movie theaters is definitely more than the money made by 300 movie theaters. I like to make money, but I also want to have a good reputation. In particular, the operation of the cinema chain cannot be done overnight. If I fool around at the beginning and make a fairly low standard, then our cinema brand will not be able to play.

With the economic development of the mainland, cinemas like the one you said will be eliminated sooner or later. When the time comes, my theater will not be able to make money. The cinema chain of a state-owned enterprise, you don't care about whether it makes money or not, but my cinema is a private company, and the quality or something, I will definitely ensure that I get a tattered movie theater line, so that people in the mainland have formed a low-end inertial thinking about my cinema chain, then my theater line will be scrapped.

Now it seems that the more things go to the back, the greater the price to pay. I am very optimistic about the mainland market, and in such a situation, I don't want mainland audiences to think that my theater chain is here to make money. I hope to bring them a different kind of enjoyment, not to say that they can watch a movie, and enjoy it or something, that is secondary. Cinemas, including the film industry, are, to put it bluntly, actually for everyone to enjoy, and in essence, they are still a kind of enjoyable commodity.

If I don't do it well in the first place, who will buy my face? No one. Therefore, the money for this construction must not be saved, and I would rather invest more than save the cost in terms of enjoyment. I have a lot of experience in this area. Like the movie theaters we built in Hong Kong, especially the leading movie theaters I built myself, the business has always been very good, even if the movies are very bad, the attendance rate is relatively high, compared to the movie theaters that Uncle Six and they renovated before, the attendance rate is higher.

Isn't this because my cinema has always adopted high standards? In the film industry, there is actually a truth, the more money you spend, the more money you will make, and the more you fool the audience, then in the end the audience will also fool yourself. Li Mingbao said this, which is definitely from experience.

The film industry is essentially an enjoyable industry, and the further it goes, the greater the role of money. The investment cost of cinemas is also getting higher and higher, but why will so many people intervene in this industry in the future, and the replacement is timely enough? Isn't it because the more you invest, the more money you can make?

Like the era when a movie ticket had to be sold for hundreds of dollars in later generations, if your decoration is not good, who will buy such an expensive movie ticket? When someone else is stupid? But if you decorate well and the service is in place, even if the movie is not good, others will just blame the movie for being bad, instead of venting their grievances on the cinema. Therefore, the construction of cinemas must not be saved. Especially if it is more humble than a small video hall, unless it is to sell relationship tickets, you will not be able to get a dime.

When Li Mingbao said that the exchange rate of the renminbi was a fool, Lao Wang's face was a little unpleasant. To tell the truth, the issue of the exchange rate of the renminbi, even within the mainland, especially those who do foreign trade, are quite dissatisfied with such an exchange rate. But this kind of thing does not mean that some people can change it, and the fact that there are loopholes in the exchange rate is not only clear to the people below, but also to the people above. But if you want to change, it is not so easy, even the old leader, did not put the exchange rate in one step, but slowly changed, and then the loophole was made up.

So Li Mingbao's words can't be said to be wrong, but facts. But it's good for everyone to understand such a fact, and if you want to say it, it will be a bit of a slap in the face, especially in the face of a high-level mainland leader like Lao Wang, Li Mingbao also said it without taboo, which is quite faceless.

But with Li Mingbao's words, Lao Wang will no longer be entangled in the exchange rate issue. He never thought that Li Mingbao would attach so much importance to quality, and he also had his own set of effective theoretical systems. When Li Mingbao finished speaking, Lao Wang knew that it would be very difficult to get Li Mingbao to change his mind, because Li Mingbao was here to make money, not to build infrastructure for the mainland.

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