Chapter 204 Purpose of the 1 Billion Loan
Chen Lin either doesn't take out a loan, and a loan is 1 billion yuan.
It stands to reason that Jade Emperor Entertainment Group is well-funded, with nearly 400 million cash on its books and no need for loans.
Yes, the company's normal development funds are more than enough, and the TV series is profitable quickly, the funds are returned quickly, and there is no shortage of funds for external financing.
The real reason is that after the Chinese New Year, Chen Lin has several big moves and big projects to be carried out, which leads to a shortage of funds.
The first big move was the planning of Jade Emperor TV Production Co., Ltd. to shoot 12 TV series in 99. Including "Xiaobao and Kangxi", which is in preparation, as well as the five dramas being filmed, and "The Story of the Cooking Class 2", which will be released next year, there will be 19 TV episodes with more than 560 episodes this year.
19 TV dramas with more than 560 episodes, with a total investment of 260 million to 300 million, such a large amount of filming and investment, Jade Emperor TV will properly surpass Hairun and become the largest private TV production company in China.
The current company has 4 dramas such as Prince Becomes Frog, Dolphin Bay Lovers, "Like Fog and Rain and Like Wind", and "Bright Sword" started filming at the same time, which has reached the limit of the company, and the 4 crews have consumed all the talent reserves of the group.
Fortunately, "Iron Tooth Bronze Tooth Ji Xiaolan" and the Korean version of "Meteor Garden" are co-production, otherwise they will be hung up, and "Xiaobao and Kangxi", which was originally planned to be launched this month, had to be delayed due to personnel constraints.
Having said that, Jade Emperor Entertainment's ability to cultivate 4 mature TV drama teams in just one year is already a great achievement.
It's not a small time for a company to have four teams. It's just that Chen Lin's ambitions are more than these, he wants to be the No.1 in China, and the ideal goal is to maintain 8 teams, each team has its own strengths. Some are good at modern idol dramas, some are good at costume idol dramas, some are good at martial arts dramas, some are good at military dramas, and some are good at comedy. I'm a bit good at urban life dramas, etc.
If you want to increase your strength sharply in a short period of time,The fastest way to build 8 teams is, of course, to acquire other companies,Jade Emperor Group has tasted the sweetness of acquiring Tang Film and Television,This time Chen Lin's acquisition target is Pony Galloping, a company whose strength is not under Jade Emperor TVă
Pony Galloping Film and Television Culture Co., Ltd. is worth about 1 billion, Chen Lin assessed that if you want to acquire this old film and television company, you must prepare at least 3-500 million in cash, and the rest, of course, is equity replacement.
In 99, Huangting Cinema will also usher in great development, and 45 large-scale Huangting Cinemas will be opened in one go, integrating movie entertainment, supermarket shopping, and leisure plazas within a year.
Each of the 45 Royal Plaza is a large-scale project covering an area of more than 10,000 square meters. If it is placed in 2013, at least tens of billions of investment funds are needed, but in 99 years, only 20-3 billion funds are needed, which is mainly because the land is too cheap in this year.
To be honest, if Chen Lin just wants to make money, he can shoot any TV, just buy real estate with the money, and then he can travel around the world without caring about anything.
But that's too much to pursue.
Among the 1 billion loans, 400 million funds will be allocated to Huangting Cinema Co., Ltd., and the real estate industry can empty the white wolf, with which the 400 million funds are enough to complete the annual construction target.
The so-called empty glove white wolf means that you can pay a part of the deposit to auction off a piece of land, and then use this land to mortgage the bank for a loan, and use the bank loan to auction the second land. Of course, the second plot of land is the same operation, and at the same time, the construction of the first plot of land is contracted to the construction company, and the construction company will advance money for the construction first. In this way, 400 million funds can be used as 3 billion.
Of the 1 billion, 500 million is reserved for the acquisition of Jade Emperor Group, and the remaining 100 million is for Pentium Network Technology.
The past year has been a pioneering year for Pentium Network Technology. There are three things worth mentioning.
The first thing was on September 7, 1998, when China Pentium Technology joined forces with Stanford University's Larry Brown. Paige, Sergey. The two Brin students co-founded the "Google-Pentium" network technology company, which focuses on Internet search services.
China's Pentium Technology has invested $1 million to account for 70% of the company's shares. Paige, Sergey. The two Brin held a 30% stake in the company. The new company is registered in Silicon Valley, USA.
The second thing is that at 1:20 a.m. on July 30, 1998, QQ's registered members reached a historic number of 1 million.
The third thing was the official release of the English version of QQ on August 20, 1998. On August 25, QQ's first overseas server was officially launched in Silicon Valley, USA.
After 98 years of land development, 99 years and 2000 Pentium Technology will usher in great development, and his requirement for Pentium Technology is to expand. Expansion, and then expansion, QQ will have to gain a firm foothold and survive in major countries around the world within two years.
Therefore, Chen Lin said to Ma Teng and Guo Bin that in the next two years, he will burn money, and he has prepared 1 billion funds for them to burn in two years, and this 100 million is just the first batch of funds.
With the instructions of the two provincial leaders, the bank approved a loan of 1 billion yuan the next day, and the funds have already arrived in the account of the Jade Emperor Company.
The most important thing is that the loan interest rate is extremely low, with a 5-year interest rate of only 4%, and the general corporate loan interest rate of more than 5 years is above 6.55. It just said that if Chen Lin relented the money to other companies now, he could earn about 30 million a year from the interest difference alone.
This is the preferential policy enjoyed by five-star star enterprises, Chen Lin is very happy, and toasts with his wife in the office with a drink instead of wine.
Just when he was happy, Chen Lin's mobile phone rang, which was the phone of Pan, the producer of "Bright Sword".
The crew had an accident, Sun Honglei was crushed by a collapsing wall in a blasting scene and injured his right leg, but fortunately, another actor at that time, Wang Bo, pulled him in time when he saw that something was wrong, otherwise Honglei would not only have injured his leg.
"Wife, Honglei is injured, so I went to visit him, and by the way, I went to visit the crew."
"Okay, you go, I'll accompany you home to pack your luggage."
Chen Lin knew that Sun Honglei couldn't sit still after being injured, and immediately went home to pack his luggage after asking for his wife's consent, and took a plane directly to Shan*Xitaiyuan, where he stayed for one night, and arrived at Shan*Xipingyao the next morning.
The car stopped at the gate of a hospital in Pingyao, and as soon as Chen Lin got out of the car, he saw Wang Bo, Zhang Lei, and Producer Pan walking towards him.
"Chairman, you've worked hard all the way." Producer Pan greeted Chen Lin when he saw him.
"Hehe, it's okay." Chen Lin smiled, and then asked, "How is Honglei's leg injury?"
"It's okay now, I've put on a plaster, and I can walk in half a month." Producer Pan laughed. At this time, Wang Bo added: "Mr. Xiaolin, you came just in time, Honglei thinks the hospital is too stuffy, and he is clamoring to be discharged from the hospital to return to the crew." â
Chen Lin nodded to indicate that he understood, and then the four of them walked into the hospital together to visit Sun Honglei who was lying on the hospital bed. (To be continued......)