Chapter Seventy-Five: Buying Pony Galloping for Zheng to make a profit of 900 million?
On August 4, Zheng Wentong returned to Slope Capital to continue working.
There are still a lot of things to deal with in the company, and documents are waiting for him to sign.
Zeng Pengyu called here, "Mr. Zheng, Zhang Panpan and Song Chunli's attitudes have loosened, they and their husband and wife originally wanted to meet you in Yanjing yesterday, but you flew back to Puhai yesterday." ”
"The couple bought a morning plane to Puhai, just for you. Zhang Panpan probably didn't give up completely and wanted to make a final attempt. ”
If it weren't for Zeng Pengyu mentioning it, Zheng Wentong would have almost forgotten about it, the old Meike Hugo Award will be awarded on August 23, and Liu Cixin will definitely receive an email in mid-August, inviting him to go to the United States to receive the award.
Since Zhang Panpan and Song Chunli took the initiative to come to him, it means that they have understood that Zeng Pengyu's attitude will not be loosened and they will not be able to offer a higher price, so they took the initiative to come to Zheng Wentong and make a final effort.
In Zhang Panpan's eyes, Zheng Wentong is currently the actual controller of the top five large film and television companies in China, although it is not as good as the Wang brothers of Huayi Brothers, Wang Changtian of Guangguang Media and Yu Dong of Bona Films, but at least he is already a film and television crocodile.
After Zheng Wentong released his wind to the outside world, he invested a total of 300 million yuan to support Ning Hao and Zhang Yibai to shoot the two movies "Crazy Alien" and "Passing by Your World".
Zhang Panpan couldn't hold back his dream of directing anymore, so he took his wife to take the initiative to come to Puhai to see Zheng Wentong.
Zheng Wentong instructed Jiang Nan, "Arrange a car to pick up two people at the airport later, Zhang Panpan and Song Chunli, their contact information is available to Manager Zeng Pengyu, you can ask him for it." ”
"Okay, Mr. Zheng, arrange that car?" At present, there are Rolls-Royce Phantom, Rolls-Royce Gust and Mercedes-Benz S400L, as well as Toyota Alpha.
"Phantom, let's raise their expectations a little higher, I'm not afraid that they have a big appetite, I'm afraid that they won't speak."
"Okay, Mr. Zheng." Jiang Nan didn't say much.
Zheng Wentong called Xu Ru and Yao Yutong over and asked about the company's situation in the past two months.
"We bought an independent office building with an underground parking lot and four floors above ground and a single-story area of 2,000 square meters."
"This office building was completed in 12 years, with a ground floor height of 4.8 meters, and a height of 4.5 meters on the 1st, 2nd and 3rd floors."
"I went to the field with Sister Xu Ru and Director Wang Zhiliang, and this office building is located at No. 1387 Zhangdong Road, and the house type is particularly square, because the columns are all in the corners, which does not take up space, and it is particularly convenient to divide the office area."
"A single floor can accommodate a minimum of 498 workstations, a maximum of 996, according to the maximum manpower, can accommodate up to 3,600 people at the same time, as the company's headquarters office building in the next few years."
"There is a single property certificate on the ground floor, the 1st floor, the 2nd floor, and the 3rd floor share a property certificate, the unit price of the ground floor is 10,000, and the unit price of the upper three floors is 10,000, with a total of 48 parking spaces."
Manager Yang Jianwen bought two factories in the middle of Kangxin Highway and Xiuyan Road and transformed them into serviced apartments. He also bought a B&B and prepared to transform it into a high-end B&B around Disneyland as the flagship store of Jimeng Apartments. ”
Zheng Wentong thought about it, and there were many companies on Xiuyan Road that moved in later, such as Yixin Puhui, which moved from Jinke Road to Xiuyan Road.
It can be said that making a serviced apartment in that location is convenient for nearby office workers and radiating to Disneyland visitors.
As for the high-end accommodation brand of Jijia Apartment, Jimeng Apartment, it does need a large homestay as a flagship store, just like Jijia Apartment Shizi Road Store, which is more convenient to manage.
"By the way, in addition to the homestay project and serviced apartment project that Manager Yang is now in charge of, all the rental projects of Jijia Apartment in Puhai have achieved positive profitability in early July." Yao Yutong reported good news.
Zheng Wentong felt a little surprised, because the rent paid to the landlord in the early stage and the decoration cost invested in the rent and decoration were very high.
In addition to the Jijia Apartment Shizi Road store, Zheng Wentong has been prepared for a year of loss in the project, and he didn't expect to make a profit a month ahead of schedule.
"In addition to Manager Yang Jianwen's outstanding work ability, his partner Liang Hongxia's performance is also very good, and she has been the rental performance champion of Jijia Apartment for several months."
"Who?" Zheng Wentong couldn't remember this person.
"It's the lover of Zheng Anguo, who is a transcription businessman." Xu Ru explained.
Zheng Wentong smiled, "She, you suddenly mentioned the name, I didn't think of it at once." "This elementary school female teacher turned to sales is really eloquent, and she can't accept it.
"Manager Yang Jianwen is now in charge of the renovation project of Jimeng and serviced apartments on the Disney side, and the housing leasing and renovation project on the side of Dongjiang Science and Technology Park is basically responsible for Manager Zhou Zhifa and Director Liang Hongxia together."
At first, Xu Ru did not agree with Zheng Wentong's practice of bringing relatives and friends from his hometown to Puhai to work, after all, it is difficult for a family business to last long.
However, Zheng Wentong's provocative gaze is still very accurate, and he knows people and makes good use of them.
Zhou Zhifa, Yang Jianwen, Yang Jianwu, Yang Jianbin and Zheng Anguo have done well in Jijia Apartment, a subsidiary of Slope Capital, and its affiliated company, Transcription Business.
In the early days of Jijia Apartment, Zheng Wentong still needed to keep an eye on it personally, and after Zhou Zhifa, Zheng Anguo, and Yang Jianwen got started, he decisively became the shopkeeper.
Later, Zheng Anguo and Yang Jianwen had a conflict, and Zheng Wentong created a transcription business, letting Zheng Anguo do the collection business he was good at, and now he has taken over the bank's credit card overdue and loan overdue collection business in Puhai City.
Zheng Wentong photographed Building 7 of the garden above, and it was Zheng Anguo who took the transcription business to complete the vacant business, and asked the original owner and his wife to obediently hand over the house on the premise of not breaking the law and not disturbing the people.
Zheng Anguo brought his wife Liang Hongxia to work in Puhai, and it was also directly handed over to Yang Jianwen. Now Liang Hongxia is also growing up very fast and can already take charge of herself.
And Zheng Wentong is also very measured, except for Yang Jianbin as his personal assistant and a temporary position in Slope Capital, no relatives have entered the parent company Slope Capital.
Zheng Wentong had promised Zhong Lifang that she could exchange 4% of her Pony Galloping equity for shares of the parent company, Slope Capital.
After thinking about it, Zhong Lifang still rejected Zheng Wentong's tempting proposal.
According to the latest valuation of Pony Galloping of 2.5 billion, 4% of the equity is worth 100 million.
Slope Capital's profit in the first half of this year has exceeded 2 billion, and if you refer to A-shares, a company with an annual profit of 2 billion should have a market value of about 40 billion.
Assuming that the total share capital of Slope Capital is 1 million shares, her 4% stake in Pony Galloping can only be exchanged for 2,500 shares of Slope Capital.
So from this point of view, she might as well continue to hold the shares of Pony Gallop and put Pony Gallop back into operation and go public, and the return on her investment will be higher.
During the bull market in the first half of this year, Huayi Brothers had a market value of more than 90 billion, as a film and television company that was once as famous as Huayi Brothers, the market value of Pony Galloping after listing was only one-third of Huayi Brothers, and her 4% equity was also more than one billion.
Of course, if Pony Gallop is re-listed, the biggest winner will definitely be Slope Capital. As long as the market value of Pony Galloping exceeds 20 billion after listing, Zheng Wentong will become another billionaire in the film and television industry.
For Zheng Wentong, the young boss, Zhong Lifang still admires him very much, because he is always good at making full use of resources, spending the smallest price, and getting the maximum profit.
Issued the Slope No. 1 Private Equity Fund first, and bought 15% of the equity held by CCB International at a price of 510 million.
Of the 500 million private equity funds, only 100 million of them are Slope's own funds, and the remaining 400 million come from other investors, and the Slope Capital Investor Meeting on May 30 was very successful.
This means that Zheng Wentong only paid 110 million to leverage the 15% equity held by CCB International.
After he got the equity of CCB International, he quickly asked Li Li, Li Ping and Jin Yan to fulfill the VAM agreement between Pony Galloping and CCB International, and let the three of them bear a huge debt of 635 million.
Who knew that this was just a false shot, Li Ping and Jin Yan stood together and quickly reconciled with Zheng Wentong, leaving Li Li alone with no means to support her.
Although Li Ping lost the equity of Pony Galloping, she no longer has to bear the debt of Pony Galloping, and the equity in her hand has become a huge wealth, and her lover Li Ligong can continue to stay as the general manager of Pony Galloping TV series.
As for the issue of embezzlement and tax evasion by Li Ping and other management of New Remington Advertising Co., Ltd., Zheng Wentong only demanded that Li Ping make up the tax and return the income from the embezzlement of her position, and did not pursue her criminal responsibility.
Zheng Wentong also agreed to establish CEFC Insurance Brokers Co., Ltd. in Puhai in partnership with the partner recommended by Zheng Jun in September, with a registered capital of 50 million, all of which are paid-in.
Zheng Junzheng took his partners to apply for the license of CEFC Insurance Brokers Co., Ltd. in Yanjing, and Fang Wenyuan, deputy general manager of Cosmopolitan Life Insurance, who attended the investor meeting of Slope Capital last time, will be the general manager of CEFC Insurance Brokers Co., Ltd.
After Li Li saw that there was no chance of winning the lawsuit, she gave up resistance and transferred 45.33% of Xiaoma Huanxing's equity to Slope Capital at a price of 453.3 million with Jin Yan and Li Ping.
This means that Slope Capital only used 110 million and 453.3 million, for a total of 563.3 million, to get a total of 60.33% of the Pony Galloping equity.
In order to counter the influence of CCB International's state-owned background, Zheng Wentong teamed up with Puhai State Investment and suggested that they use 160 million yuan to buy 10% of Pony Galloping from venture capital institutions such as Xinzhongli.
After Slope Capital completed all the layouts, Zheng Wentong held another shareholders' meeting to remove Li Li and Li Ping from their positions, empty their shares, remove the board seats, and arrange his henchmen.
Gao Han and Fu Yi, the two executives of Culture Media Co., Ltd., were elected as directors at the same time, Zhong Lifang knew in her heart that this was also Zheng Wentong's desire to prevent her from saying anything in the company.
After Zhong Lifang and Zheng Wentong were interviewed one after another, Zheng Wentong packaged himself as the image of the actual controller who does not interfere with the galloping pony, and then threw out the good news of investing 300 million yuan to support Ning Hao and Zhang Yibai's new movie.
The capital market is very optimistic about the restructuring of Pony Galloping, so the valuation of Pony Galloping immediately rebounded to the level of the second half of 2014, reaching about 2.5 billion.
Converted, the equity value held by Slope Capital has exceeded 1.5 billion.
In the entire acquisition case, Zheng Wentong used 563.3 million yuan in exchange for a return of 1.5 billion, and in just two months, Zhong Lifang, who is good at financial operations, was also amazed.
If you look back at the acquisition of Pony Galloping, Slope Capital is the first big winner, and Puhai Guotou is the second biggest winner, and they have made a floating profit of 90 million yuan since they bought 10% of Pony Pentium's equity.
Although Jin Yan, Li Ping and Li Li lost almost all of the equity of Pony Galloping, they also got rid of CCB International's huge gambling debts, cashed out and left the market, and avoided being old men, and did not have to flee from the United States in order to avoid debts.
Of course, the most loss is the venture capital institutions led by Xinzhongli, who spent 300 million to buy the equity, and finally sold it for 160 million, but the market value of this part of the equity has fallen by about 100 million in the past few months, which can be regarded as a loss.