Sun Yi's promise made Xiong Xiaoge fall into thought for a while.

In fact, the listing plan of Star Image is nothing to their IDG capital, and it can only be a mediocre listing project.

You must know that IDG Capital, as a top international financial investment company, even if it is a Huaxia branch, the projects handled are all at the level of Ali and Tencent.

Just like the first two rounds of investment in Renren, including the listing plan in the United States that is currently being prepared for Renren, they are all projects with a base of more than 100 million yuan, and they are all US dollars.

But why is Xiong Xiaoge so concerned about the listing of the stars this time.

There are two answers.

First, he is optimistic about the future of the film and television industry, whether it is Hollywood in North America or the domestic film market, which is the investment direction he identifies.

People's lives are inseparable from entertainment, and when material life is enriched, the next step is to engage in spiritual life.

Second, the development momentum of the starry sky, which is really good.

Counting "Untouchable", which has just been drawn around the world, Star Imaging has been established for just two years, and not counting the rest, the box office revenue of just a few movies has exceeded 100000000000000000000000000000000000000000000000000000000000000000000000

It's only been two years.

And most importantly, these 1 billion are cash that can be taken out at any time, not a number on the books.

Why can the film and television industry attract the favor of capital from all walks of life?

Because there is a large amount of turnover and cash, it is convenient for all kinds of customers to pass accounts and flow funds.

The same is true for investment firms, whose money is not their own and comes from different clients around the world.

The sources of funds for these clients are varied.

Anyone who understands understands.

Therefore, the vast majority of customers' requirements for investment are generally secret and stable.

And for the financial industry, there has always been a saying that "cash is king." ”

That is to say, as long as a company has sufficient cash flow, then no matter what happens, it can sit firmly in the Diaoyutai and be invincible.

Starry Sky is such a company, under the leadership of Sun Yi, the income is stable, and at the same time, film and television investment can absorb a large amount of capital flow.

After all, big-budget movies like Hollywood often cost hundreds of millions of dollars, and even crazy hundreds of millions of dollars.

Is all this money owned by the film and television company?

Impossible.

They are all from a variety of different film and television investment companies or investment funds.

Therefore, Star Image perfectly meets the investment needs of IDG Capital, and for them, investing in such a company is simply a sure profit and no loss, just like picking up money for nothing.

And Sun Yi's listing plan is to raise funds.

He has a project in his hand, but the cycle of a film from preparation to filming to distribution and release is too long.

But he doesn't want to develop step by step, for fear of missing this once-in-a-lifetime opportunity in the film and television industry. I always just made a fortune and immediately put myself into it again, just like studios, theaters, special effects companies, and online booking systems that are going to be built in the future, etc.

This caused a shortage of money at the two ends of the starry sky image for three days, and occasionally had to tear down the east wall to make up the west wall.

It's not that he hasn't considered looking for a bank loan, and the bank is more than happy to lend it to him.

But how much can you borrow?

What are the substantial assets of a film and television company?

In addition to the land of the theater, there are all kinds of copyrights.

The cinema chain has just started, and the total assets are only 200 million.

And what about copyright?

Sun Yi knows that the most profitable thing for the entire company in the future is all kinds of film and television copyrights, but at the moment, copyright is really not worth a few dollars.

One or two hundred million is dead.

What about other hidden assets?

Can't estimate.

It's like Sun Yi went to the bank and said that you see that I am the director of the Cannes Palme d'Or, so you will rush me and you will lend me 100 million.

Can I get a loan??

I can lend.

But it is bound to be high interest rates and with all kinds of strings attached.

People are uncontrollable, and who knows what happens to you after you take the money.

Just like those thunderous stars, if your head is hot, play with some powder, recruit chickens, or suddenly awaken the skills of the time management master, the character collapses, is blocked, and the bank asks for money.

Right?

Besides, the bank's money, with interest, doesn't need to be repaid?

Yes.

And what about the stock market?

You don't need it.

There are risks in investment, and you need to be cautious when entering the market.

Therefore, it still has to be listed.

Especially in the cinema department, this thing is the same as real estate, he doesn't have the leisure to play with the bank to build a theater and take out a loan.

It is difficult to go public.

Of course, he is not stupid, listing also means that the company no longer belongs to himself, and Big A does not recognize AB shares, it must be the same shares and the same rights, so his control over the company must have declined.

In that case, let's split it and go public.

The film and television copyright was independent and joined the Star Film and Television Investment Company, and the special effects department merged the studio and the web game business to retain it in Star Digital.

The cinema business, plus artist brokerage and part of the film and television production department, reorganized Star Pictures and went public as a subsidiary.

Other departments such as the production department, music department, and distribution department remain in Star Images, which exists as the parent company of the listed company.

The three-tier structure above this is still controlled by Sun Yi's family company.

As for the brokerage contract signed by the brokerage department, it is mainly to help the listed company stabilize the stock price and develop in the early stage.

To put it bluntly, the company Star Pictures is used by Sun Yi to make money for the development of his theaters, and he uses Star's strong production capabilities and his own name to escort the company for three years, except for the theater, there are no core assets at all.

After three years, withdraw as appropriate.

Of course, Xiong Xiaoge would definitely be able to understand Sun Yi's intentions, but he didn't care.

For three years, as long as Sun Yi has been bound to a listed company, it is enough for him to make a few times with interest, so after a few thoughts, he laughed and agreed.

Next, the two worked out specific details, including the shell of the backdoor listing, IDG has almost done it, as long as Sun Yi pays money, he can directly sign a contract to buy it.

As for the shares demanded by IDG, Xiong Xiaoge demanded at least 15 percent.

"Mr. Xiong, what are the current outstanding shares of this shell in the stock market, 25 percent?" Sun Yi needs to recalculate the share allocation, so he asked.

Xiong Xiaoge shook his head and replied, "No, only fifteen percent." ”

"Ah, so little?"

Sun Yi was a little surprised, the fewer shares in circulation, the fewer shares he would sell on behalf of his listing, which was not a bad thing for him.

Moreover, this part of the outstanding shares can be acquired back through the stock market in advance, as long as it does not exceed 5 percent, there will be no problems.

Generally speaking, the listed companies that can be "shells" are all companies that have been losing money year after year and facing delisting warnings, usually with low stock prices and no one cares about them.

Then, after the reorganization and listing of the star, this part of the shares will directly multiply the profits.

Of course, IDG itself will definitely do the same, and this part of no more than five percent is the money given away for free.

Xiong Xiaoge explained with a smile: "Brother Sun, 25% of the tradable shares are listed companies under normal conditions, and companies with a total share capital of more than 400 million yuan can be as long as the tradable shares are greater than 10%, and this company just meets this provision." ”

Sun Yi calculated in his heart.

15% of the outstanding shares, that is, they still have 85% of the shares left, and if the company wants to go public, the management and the elders of the company must be given a certain amount of shares, at least 15% of the shares must be taken out, plus the 15% required by IDG.

That's only 55 percent left.

It is also enough, the listed company does not involve the core assets of Star Future, as long as it holds more than 50% of the shares.

"Yes, I agree, but in terms of price?"

"Brother Sun, don't worry, I won't treat you badly." Xiong Xiaoge gestured to Sun Yi with a cigar between his fingers.

"Two billion, I'll give you a valuation of two billion."

Two billion, 15 percent is 300 million.

Xiong Xiaoge gave the price code of the original shares of the starry sky, which was already very sincere.

"Then thank you Mr. Xiong."

"Well said."

"By the way, I have to trouble Mr. Xiong to help me draft an equity transfer agreement."

I'm sorry, I'm too late to come back today, the next chapter will be a little late, and if I don't make it, I'll have to be daylight tomorrow.

(End of chapter)