Chapter 225: Pony Galloping Roadshow (Part I)!
Zheng Wentong and Zhong Lifang stayed at the Mandarin Oriental Hotel and met with different investors in the conference hall every day, most of whom were introduced by Cheng Wei, vice president of Deutsche Bank Asia Pacific, and a small number of investors were introduced by Cheung Kong Industrial.
Zheng Wentong and Zhong Lifang went to visit the Cheung Kong Group in Queen's Road together, and the two met Li Zeju, the president of Cheung Kong, and his daughter Li Yanning.
Li Yanning is the eldest granddaughter of the three generations of the Li family, and also the most important granddaughter of Li Chaoren, if Zheng Wentong is the most famous post-90s richest man in the mainland, then Li Yanning is also the most famous post-90s richest man on Hong Kong Island, and Li Chaoren will hand over 70 billion assets to Li Yanning to take care of next year.
As the eldest granddaughter of the third generation of the Li family, Li Yanning has always lived in a simple house, is well protected by Li Chaoren, and rarely shows her head in public. It can be seen that Li Yanning is a little curious about Zheng Wentong, but she still rarely speaks, and stands behind her father obediently to listen to Zheng Wentong and Li Zeju talking about business.
The reason why Cheung Kong is willing to become the cornerstone investor of Pony Galloping is because Zheng Wentong and Li Zeju have reached a cooperation.
Zheng Wentong predicted in advance that the good days of large enterprises represented by Wanda using bank loans to buy and buy overseas are over, and Wanda will sell high-quality fixed assets such as cultural tourism hotels and resorts next year.
Slope and Cheung Kong will jointly buy high-quality assets such as Wanda Cultural Tourism Hotel, for which Cheung Kong will provide a short-term loan with a total value of US$1 billion, and Slope Investment will provide a part of the equity of Bluestar Games as a guarantee.
Zheng Wentong wants to complete the acquisition of Y as soon as possible, although all the shares of the slope system are worth tens of billions of yuan, and Puhai Bank and Puhai Rural Commercial Bank have provided a loan line to Weike Xinke, but the funds of more than one billion yuan are not enough to buy Y, so Zheng Wentong can only think of a way in the Hong Kong Island market.
Li Zeju asked Cheung Kong's investment experts to analyze the transaction value of Blue Star Games, and if the company were sold to major game manufacturers such as Penguin, Microsoft, and Ubisoft, Blue Star Games would be valued at more than $3 billion.
Zheng Wentong is not worried about not repaying the corporate loan of Changjiang Industrial, Zheng Wentong's family office bought bitcoin for $200 around August 15, and the price of bitcoin reached as high as $19,870 a piece at the end of 17, an increase of nearly 100 times. Zheng Wentong's family office was able to pay off the loan just by selling the bitcoin it held.
In addition to Bitcoin, the Zheng family office has also bought shares of companies such as CATL, BYD, Moutai and Apple, Microsoft, etc., and intends to hold these stocks for the long term.
Excluding the equity of miHoYo Technology and Pinduoduo held by Zheng Wentong's trust fund, Zheng Wentong's family office has held more than 2 billion stocks, securities, funds and deposits, and in another year, the personal assets of Zheng Wentong's family office are expected to exceed 10 billion.
Li Zeju originally wanted to introduce the enterprises under the slope system to handle the corporate share pledge loan in HSBC, but Zheng Wentong immediately declined.
None of the companies under the slope system will cooperate with HSBC, and the reputation of this century-old bank will be bad in two years, and Zheng Wentong is not worried about submitting key information to HSBC.
HSBC was originally the majority shareholder of Huafu Group, but Huafu Group later developed in scale and became the majority shareholder of HSBC.
The competition between large multinational enterprises is also a microcosm of the competition between China and the United States, two world powers. Relying on the monopoly market position of the domestic Internet to continue to harvest leeks from users is not a long-term road after all.
The top leaders proposed a dual circulation system at home and abroad, which means that large enterprises like miHoYo Technology and ByteDance, which can develop overseas business and generate foreign exchange income, are more favored and welcomed by the top management.
For example, Ahri, Pinduoduo, and Meituan have entered the community group to buy fresh food in the past 20 years, first through low-price subsidies to attract and develop users, and after users are used to buying vegetables on their mobile phones, they will raise prices to harvest users in the later stage, and the price of buying vegetables on mobile phones will be more expensive than vegetable farms, and some Huimin vegetable farms will be squeezed by these Internet platforms to live in space, and this kind of behavior of competing with the people for profit has also been named and criticized by the official media for these Internet platforms for their ugly appearance.
Leaving the headquarters of Cheung Kong Industrial, Zhong Lifang couldn't help but sigh, "The rental price of high-end office buildings on Hong Kong Island is the most expensive in the world. ”
Zheng Wentong disagreed, "The source of income of Pony Galloping is more from the mainland, Hong Kong Island and Southeast Asian markets are very small, and domestic popular movies may not be popular in the Southeast Asian market." ”
"Operation Mekong", which was released on this year's National Day, has a box office of more than one billion in the mainland, and a few million box office on Hong Kong Island, and they are not very interested in the main theme movies in the mainland, especially the young people on Hong Kong Island, and they do not understand some familiar stalks in "Charlotte's Troubles".
"It's not necessary to buy an office building on Hong Kong Island, but next year we can consider buying a building in Yanjing." Zheng Wentong said.
Next year, the movie "Wolf Warrior 2" produced by Pony Galloping will be released, and the production income from Pony Galloping can buy an office building in Yanjing, and Pony Galloping to buy a house is also a reasonable tax avoidance.
On the last day of the Pony Galloping Roadshow, local investors on Hong Kong Island finally asked a question that everyone was more concerned about: "Mr. Zheng, we noticed that Slope Investment and Pony Galloping will jointly invest in movies, TV dramas or variety shows. ”
"For example, the TV series "Ordinary Glory", the variety show "Longing for Life", etc., Mr. Zheng, your personal shareholding ratio in Slope Investment is 80%, and the total equity of Pony Galloping held by Slope Investment is 48.33%."
"Now in order to make the data of Pony Galloping look good, Slope Investment will leave more income in Pony Galloping, but after Pony Galloping is successfully listed, will Slope Investment keep more income for itself?" Investors asked.
"Ordinary Glory" has a total investment of 110 million, co-produced by Slope Investment and Pony Galloping, Slope Investment invested 60 million, Pony Gallop invested 50 million, and the total income of this drama exceeded 240 million, bringing 109 million income to Pony Galloping.
Investors are worried that Zheng Wentong will have similar projects in the future, and the main investor will become a slope investment, such as a slope investment of 90 million, a pony galloping capital of 10 million, and an investment of 100 million will still have a return of 200 million, but the account income of Pony Gallop is only 20 million, and the operating income of film and television stock companies directly affects the stock price, which is also the most concerned issue for investors.
Fortunately, Zheng Wentong has long been prepared for this issue, "First of all, I would like to state that although Slope Investment and Yanjing Pony Galloping are the same shareholder, we will not rely on the status of major shareholders to infringe on the interests of small and medium-sized shareholders and investors. ”
"The most important reason why Pony Benteng wants to participate in the production of movies, TV series and variety shows with Slope Investment is that in 15 and 16 years, the funds on the books of Pony Pentium Company are insufficient to produce movies, TV series and variety shows at the same time, so the parent company Slope Investment is needed to share the investment pressure and risks."
"After Pony Gallop goes public, the company will raise enough funds to produce future movies, TV series and variety shows, and Slope Investment will not participate in investing in Pony Gallop's new film and television dramas or variety shows."
"Pony Galloping and Slope Investment have jointly participated in the production of three films "Wolf Warrior 2", "Crazy Alien" and "Passing by Your World", and jointly participated in the production of three TV series "Ordinary Glory", "Fragrant Honey Sinks Like Frost" and "The General is on Top", and jointly participated in the production of three variety shows with "Longing for Life", "Talk Show Conference" and "Tucao Conference". Zheng Wentong answered investors' questions.
Zhong Lifang, as the chairman of Pony Galloping, also made a supplementary answer, "For the production projects that Slope Investment has participated in, Slope Investment and Pony Galloping have determined the proportion of production income sharing, and distributed it according to the principle of who invests and who dividends. ”
Zheng Wentong and Zhong Lifang's meaning is simple and clear, in the past, Pony Galloping was short of money, so they needed to pull the parent company Slope Investment to invest in filming movies, TV series and variety shows, and when the company was listed and had money, naturally there was no need for Slope Investment to contribute to filming.
After Bai Xiaolu finished filming "The General is Up", Zheng Wentong can put his girlfriend Bai Xiaolu's CCTV star drama "Police Honor" on the agenda, which is 100% funded by Pony Galloping, and Slope Investment does not participate in the production.
In addition to this question, another investor asked a sharp question, "Mr. Zheng, as we all know, Ms. Bai Xiaolu is your girlfriend." Ms. Bai Xiaolu is also the heroine of "Ordinary Glory" and the heroine of "The General is on Top", will the TV series that Mr. Zheng will participate in in the future with Bai Xiaolu as the heroine? ”
Zheng Wentong made a joke first to ease the atmosphere, "Is my girlfriend so well-known on Hong Kong Island?" I understand what you mean, you're worried that I'll be nepotistic, and whoever has a good relationship with me will use whoever I play as the starring role? ”
"Let me explain, in addition to Bai Xiaolu's girlfriend, she is also a good actress, I don't know if you have watched the drama "Ordinary Glory", her performance in it is remarkable."
"If Bai Xiaolu can be qualified for the pony galloping TV series project, then we don't need to abandon her and deliberately choose other actors in order to avoid suspicion." Zheng Wentong said.
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