Chapter 107: Change
When an enterprise becomes bigger, it will touch the ceiling if it makes money from operation, and the use of capital is the inevitable way.
But until then, you still need to have enough resources yourself.
So this year, Li Xianyun is basically doing two things, strategic development and resource integration, and establishing a hegemonic position.
Overlord, &nbp;&nbp; just the beginning, not the end!
Golden Week on October 1.
is another wave of movie-watching craze, and Yisheng Media has also launched a bunch of works as usual.
With the launch of the big studio model, now Yisheng Media is basically cooperating with film and television companies, except for their trump card series and ordinary online universities.
Therefore, most of the theaters are basically jointly produced by various Yisheng Media.
It is said that it is a joint production, and the actual amount of shares is never low, &nbp;&nbp;, but these are not known to outsiders.
Outsiders are still exclaiming, "The wolf is coming", and insiders no longer shout this.
The wolf is coming because the wolf shouted before it came, and now it's not the wolf coming, it's the wolf that has begun to dominate the grassland.
In this case, when Yisheng Media sent invitations to major film and television institutions, inviting them to participate in the annual banquet at the end of the year, and said that about 50% of the next annual arrangements would be determined at this feast, most film and television companies were moved.
Of course, although it was not explicitly stated, the invitation letter also openly and secretly said that the boss would come over by himself, so he would bring some well-known artists from your family to come over to cheer the scene.
This is a small meaning, but everyone wonders what Li Xianyun means.
What's wrong?
Don't have enough of your own artists? Is he going to another film and television company to choose a concubine?
Or is it a blatant poaching?
It wasn't until later that I realized that I would make a variety show for you to hold an annual feast, and use us to support the scene for you?
Exercise!
But it's a small thing, it's nothing, it's just that I always feel that there is some purpose behind this, &nbp;&nbp;, then we can only know when we look at it.
Next is the unclear and chaotic Xinghai Zhongcheng Cinema Line.
Yisheng won Xinghai Zhongcheng until now, &nbp;&nbp; has been almost five months, and all aspects of the negotiation are also in full swing, &nbp;&nbp; because it involves the transfer of the company's assets, the stakes are significant, and the final decision is still to pass the shareholders' meeting, so at this stage it is to talk about it, a piece of land bites, a theater to talk.
Li Xianyun sent out his elite soldiers, and even Chen Yu, who was in charge of personnel, re-participated in the theater chain that she was already familiar with, plus the people from Li Cheng's side came over to do asset evaluation, and all parties could be said to be fighting for every inch of land.
Talk about what has consensus first, and then talk about the big differences.
And all of this, Li Xianyun chose to send it to all shareholders in every detail!
We must be open and transparent in our finances.
This is also what all the minority shareholders are most satisfied with about him.
The new boss is on the road, and he really thinks about everyone.
For this purpose, the Asset Management Committee of Tongda Cinemas has made a list of all the assets to be sold, all the assets with the corresponding prices, intentions, and various basic terms.
Because Li Xianyun himself did not take advantage of it, he did it above board, &nbp;&nbp; and indeed won the due benefits for Xinghai Zhongcheng - if you think which piece of land is sold cheaply, no problem, you can bid, and internal shareholders will be equally preferred.
It was finally decided to transfer about 15 billion assets of Xinghai Zhongcheng to Shengda Group, Lanyuan Group, Xinhai Group and Chonglou Group, with a total price of 17 billion yuan, and an additional 2 billion yuan.
Most of them are real estate, and there are fifty other theaters that are not doing well.
At the same time, there are 150 high-quality cinemas that are not for sale, and Li Xianyun has asked for a rent-free rider for five years.
The rent of the theater has always been very expensive, and it is the part of the highest operating cost, and the rent of the 2,000-square-meter theater is as high as tens of thousands of dollars per day. Originally, a considerable part of the real estate of Tongda Cinema Line was owned and did not need to pay rent, but the profits were swallowed up by the expansion.
Now the theater is back to normal operations, but at the same time, it will still retain the rent-free part of the area, in order to increase profits.
In this way, Xinghai Zhongcheng Cinema Line is really like a cinema chain, rather than a real estate company with a cinema skin.
The characteristics of real estate lie in value preservation and stability, which is suitable for large groups and heavy capital.
For small capital, as long as there is no industry recession, the return on investment in theaters can be higher than that of real estate.
What Li Xianyun wants is a theater chain and pursues high profits, so he gives up safety and improves profit returns.
This is also a huge benefit for later listings.
When calculating the valuation of a company when it goes public, it is necessary to look not only at the volume, but also at the price-earnings ratio and growth ability.
With a large volume and a low price-to-earnings ratio, the growth potential is low.
This is also the reason why Miao Hui didn't pay attention to the theater chain at the beginning.
The small size, high price-earnings ratio, and high growth potential mean that the stock has a lot of room for appreciation.
At the same time as Li Xianyun sold the real estate, in exchange for the five-year rent-free clause of the 150 theaters and the subsequent low-price renewal, which brought about an increase in the price-earnings ratio.
However, the money will not stay on the books for long, and after the shareholders' meeting, several major shareholders led by Shengda Media will withdraw and release about 42% of the shares.
Most of the large amount of cash obtained by Xinghai Zhongcheng from selling assets and their own profits will be taken away by them, and the shareholder share capital of Xinghai Zhongcheng will be increased accordingly, and Li Xianyun promised to continue to expand the theater line, planning to expand to 1,000 within three years.
In this way, there is a leading position in the industry, and there will be a higher price-earnings ratio in the future.
Both dividends and valuations are of great benefit.
To put it bluntly, the boss is not a demon, and the company is operating normally, and it can basically make money.
Li Xianyun "selflessly asks for the people's life", and the shareholders are willing to support it, and the collateral benefit is that the administrative efficiency is high - in the past, Sun Junliang Fan Wen said that they wanted to make trouble, thinking of ways to squeeze shareholders, and if any proposal wanted to pass, it had to go through a struggle and internal collusion to balance.
The current proposals are basically beneficial to everyone, and the administrative efficiency is high, and the profitability is improved.
The withdrawal of major shareholders, the increase in the share capital of small shareholders, the increase in their right to speak, and the increase in profits, the support for Li Xianyun will also explode, which in turn will form pressure on Shengda's side and help Li Xianyun achieve suppression.
However, assets can be sold in advance, and shareholders need to go through the process of shareholders' meetings to withdraw.
Li Xianyun was still in a meeting today, and Jiang Yuanyuan knocked on the door outside and flashed his mobile phone to Li Xianyun.
Li Xianyun said: "Let's discuss it first." ”
Walking out of the conference room, Li Xianyun took the phone and saw that it was Li Cheng's.
"It's me." Li Xianyun said.
Li Cheng said: "Something is wrong. ”
"What's the situation?"
"Shengda has changed its tune, as if it intends to overturn the previous agreement and resolutely not withdraw its shares."
"Huh?" Li Xianyun raised his eyebrows: "For no reason, come to such a hand?" ”
"Their previous leak has been plugged, unless your hacker friend can go around Shengda again, otherwise it won't be a threat." Li Cheng said with a smile.
"It's not the point, there must be something else." Li Xianyun thought for a while and asked, "In addition to Shengda, what about the other shareholders?" ”
"They didn't change their minds."
"So it has nothing to do with them? Shengda didn't take them to play? ”
"Yes."
"That's interesting. What the hell is Shengda doing? ”
"Maybe they're just trying to disgust you?" Li Cheng said with a smile.
"Such a big company will not be rash, there must be some other reason."
"Can you find out?" Li Cheng asked.
Obviously, Li Cheng still hopes that the sudden death ghost will make a move.
Li Xianyun took a deep breath: "Let me think about it." I hope to be as ...... as I can Use commercial means to solve problems. ”
Li Cheng smiled: "No problem." ”
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