Monday, November 28, 2019, morning, the weather was clear.

Ten people, including Bao Jian Feng, Tibetan Sword Jiangnan, and Heart of Darkness, sounded the gong, representing the listing of China Literature Group!

The opening price was 35 yuan, and at 10:30, the successful limit reached 50.4 yuan!

The shares offered in this offering, accounting for 25% of the total shares, reached 1 billion shares!

This also means that the listing of the entire China Literature Group has successfully exceeded 200 billion yuan in less than one morning!

Moreover, unlike most companies that go public and conduct roadshows to raise funds, the funds mainly come from institutions.

This time, China Literature Group has a large proportion of readers and authors.

At the beginning, when Li Hao acquired, the price of China Literature Group was 2 billion yuan, but now the market value has exceeded 200 billion yuan, which has increased 100 times in terms of numbers.

At the beginning, Tong Liya took out 240 million to get 20% of the shares, and now this part of the shares is 15%, that is, 600 million shares, which is almost equivalent to 30.24 billion!

The management team originally owned 25% of the shares, but now it owns 15%, or 600 million shares, and has a wealth of 30.24 billion.

The Great God Alliance, which originally owned 10%, is still 10% of the shares, ensuring that it has two seats on the board.

Haotian Media originally owned 45% of the shares, and now it owns 35% of the shares, and only this part of the shares, the listing of China Literature Group, has given Haotian Media more than 70 billion more wealth.

The financing of 30 billion yuan will be used to continue to improve the welfare of writers, and part of it will be used for the development of online copyright and the expansion of overseas business.

At the listing ceremony of China Literature Group, Li Hao did not attend the gong ceremony, but gave up this rare opportunity.

He's been in it many times, and there's no shortage of this one.

After the listing of China Literature, it was different from other companies that successfully held a cocktail party, this time it was an annual meeting.

It is not just the Singularity Annual Meeting, but the annual meeting of the entire China Literature Group.

The subtitles on the big screen are - a new era, a new journey!

Listing success is just a beginning, not the end!

Participating in the annual meeting are well-known authors, including male and female frequencies!

In addition to the author, there are also editors!

Wu Wenhui, as the CEO of the group, delivered a speech, starting from the source of the development of China's online literature.

At the beginning, it was an online bookstore, which appeared roughly in 1997, and the free space provided by companies such as NetEase provided a material basis for the development of the initial book station. This was followed by the launch of the "City of Literature" in March 1998, which received more than one million page views and 10,000 email subscribers per month.

It was also in July 1998 that "Book Road" was officially launched, the first large-scale literary website with more than 10,000 daily visits to its homepage.

In 1999, with the intervention of capital, Doremi Chinese Network acquired 16 of the top 20 personal websites in NetEase's personal website rankings for 4 million yuan, including Golden Book House and so on.

Wu Wenhui, as the founder of Singularity, is not an exaggeration to say that he is a backbone.

He didn't just talk about the singularity, even now the singularity still occupies half of the online literature.

In his speech, many people seemed to have witnessed the development of the entire online article.

The Golden Age, the Silver Age, the Bronze Age, and the emergence of online kings.

"Online literature has not developed to a bottleneck, and there is still a lot of room for development." Wu Wenhui talked about the present and the outlook for the future.

The whole annual meeting lasted for three full days, with both speeches and some sharing by the gods.

The copyright of film, television, animation and games has risen sharply, and websites and authors are all beneficiaries.

The two sides have been tightly tied together, one is prosperous, and the vulnerable is lost.

It's not that there are no authors who want to have more copyright ratios, but without the platform's publicity and packaging promotion, the popularity of subscriptions will drop sharply, and the sales of physical publishing will also be greatly reduced, and these have declined, and the copyrights of film, television, animation and games often cannot be sold at a good price.

After several attempts, this has been confirmed.

This time, there are not only male frequents, but also young ladies of female frequencies dressed up to attend.

There is no shortage of talented women with high academic qualifications!

Although the number of subscriptions to female frequency is often far inferior to that of male frequency, in terms of film and television animation copyright, it is often favored by the market and can be easily sold.

In terms of love, female writers always have an advantage.

And the film and television adaptation of the female frequency is much less difficult than the male frequency.

The film and television copyright of the male frequency has not been adapted, and several films have been filmed, but the reputation is mixed, and most of them have been criticized by fans.

After all, other film and television companies, the technical strength is inferior, and Haotian Media is not a star.

Li Hao also attended the annual meeting, which was his second time to participate in the Internet Writers Association after more than ten years.

As the current helmsman of China Literature Group and a legendary figure, Li Hao delivered a speech on stage and was warmly welcomed by everyone.

Participating in the annual meeting this time, except for a few people, most of them Li Hao did not know.

For more than ten years, online articles have also changed, and those who can continue to be trendsetters are always a minority, and most of them have been eliminated.

After all, at the beginning, most people wrote online articles on a whim, and they never thought of it as a career, and their interests always came and went quickly.

At this time, it can still be used as a trend-setter, which is nothing more than tomatoes, three less, Shenji, Chendong, toad, blood red, cat greasy, etc., but the rise later to become the tide maker of the times, more.

As for the rotten potatoes, without Dou Po, he failed to cast the god position, and he would have stopped mixing in this circle for a long time.

Li Hao analyzes the development trend of film and television animation copyright in the future.

With the strengthening of the review of history, military, etc., in fact, many film and television animation adaptations cannot be carried out at once, after all, even if it is filmed, it means that the possibility of TV release will be lost as soon as it is filmed, and it can only be broadcast on the online platform, which means that the risk increases and the pressure on payment collection increases dramatically.

This is not to say that if you lose the TV station broadcast, you can have an online platform to broadcast it, because without a TV station to broadcast, the online platform bidding will also be reduced.

After all, the online platforms are willing to give high prices now, and they are all popular dramas.

And to be able to get the price of 10 million episodes, there are only a few a year.

Of course, there are also a few companies that are hoarding online copyrights, pushing up valuations by hoarding online copyrights, and then financing and hoarding online copyrights.

There are also people like Tencent Video and iQiyi who buy the copyright and then shoot it.

After all, for these video sites, they are still in the stage of continuously burning money to compete for users.

And there are giants behind it, and burning money is actually sometimes an investment, so you can pay less taxes.

But there is no doubt that it is still in the bonus period of online articles.

After all, it used to be a habit to watch piracy, and it was normal for a person to spend a few hundred yuan a year on online articles.

This kind of person still belongs to the kind of person who never gives a reward, and if you count the reward, the amount spent on reading online articles every year is definitely more.

(End of chapter)