Entertainment: I am the peak

Chapter 648 Lend me your money for a few days

The LeEco scandal naturally had to be dealt with by delaying tactics.

Let's buy some time and see how Jia Yueting handles these debts.

But it's certain that he'll be restricted from leaving the country. Even if the authorities don't explicitly issue a document restricting him, LeEco's employees, investors, and suppliers will keep a close eye on him.

LeEco's investors initially pretended to be unwilling to get involved, but now they don't care about appearances anymore.

The one who suffered the biggest loss was undoubtedly Mr. Sun of Sunac. In an interview after LeEco's collapse, he openly admitted that he had been "tricked." But since Mr. Jia hadn't left and was still in China, for a boss of that level, as long as he was still alive, there was still a chance. Mr. Sun said he would "find a way."

As for the celebrity shareholders who invested in LeEco, they remain silent.

Who dares to speak out? Anyone who speaks out now would be admitting they're being taken advantage of.
Celebrities care more about their image than professional investors.

But if celebrities don't speak out, can't netizens dig up information?
Back when LeEco was at its peak, you all stood up for it; you can still find the relevant information.

According to incomplete statistics, LeEco's celebrity shareholders include Zhang Yimou, Guo Jingming, Deng Chao and Sun Li, Huang Xiaoming and Qin Lan, Jia Nailiang and Li Xiaolu, Liu Tao, Sun Honglei, Li Chen, and others.

These people's investments are destined to result in total loss.

The biggest loser was not Zhang Yimou, the director signed with LeTV, but Liu Tao.

She invested 1000 million in LeEco Pictures and 5000 million in LeEco Sports, totaling 6000 million, which seems unlikely to be recouped.

Liu Tao is having a really bad year financially. Not only is her troublesome husband heavily in debt, but her own investments have also resulted in total financial ruin.

Fortunately, she didn't dare to say anything.

It seems I'll have to work even harder from now on to make up for this 60 million deficit.

Sister Tao, you don't want so many people to know about your failed investment, do you?

As for Huang Xiaoming and Qin Lan, who are good friends with Li Qiutang, they each invested 500 million yuan. They can afford to lose 1000 million yuan, so they can only swallow this loss and never care about LeEco's mess again.

LeEco's financial crisis has thrown the entire film and media stock market into turmoil, with the stock prices of many listed companies plummeting.

A recent notable case is that due to the continuous decline in stock price, the equity pledge of Huanrui Century's controlling shareholder faced the crisis of forced liquidation, forcing the company to suspend trading to prevent a change of control.

This alarmed companies such as Wanda, Ciwen Media, Tangde Film & Television, and Yanjing Culture, who issued announcements regarding shareholder increases in an attempt to stabilize the market.

Since they're all in the same pool, Autumn Pictures is no exception. Autumn Pictures announced that its largest shareholder, Haitang International, will invest 200 million yuan to increase its stake in the company within six months, starting immediately. By the 26th, it had completed an investment of 130 million yuan.

These are companies with money, able to get shareholders or controlling shareholders to invest. Some companies without money turn to employees and executives to increase their holdings, hoping they will contribute money.

But film and television stocks haven't been popular in the last two years, so of course they're not interested. Such shareholding increase plans have caused quite a few laughs.

For example, only two employees of Great Wall Film & Television increased their holdings by a total of 2800 shares, investing approximately 29,400 yuan; Great Wall Animation had only one employee who increased their holdings by 1000 shares, amounting to approximately 10,000 yuan. As a result, Mr. Zhao, the actual controller of the "Great Wall Group", became a laughing stock among investors.

"What am I worried about?" Li Qiutang, the actual controller of Haitang International, said, "I increased my holdings because I have confidence in the company's development."

He told the company executives, "This is my personal judgment. Whether you want to increase your holdings or decrease them is your own investment decision, and I won't interfere. If you cause me trouble, who will I complain to?" If someone were to accuse him of insider trading, Li Qiutang wouldn't be able to clear his name even if he had eight mouths.

From the chairman's perspective, Li Qiutang naturally hopes that his senior executives can work together with the company through thick and thin, and it would be even better if they increased their holdings, ideally holding them for three to five years without reducing their holdings.

This might be okay to say under normal circumstances, but not now. Saying it now would really raise suspicions of insider trading. Because *Wolf Warrior 2* is releasing tomorrow!
Haitang International's increased stake just happened to coincide with LeEco's financial crisis; otherwise, the situation would be even more complicated.

The first "Wolf Warrior" actually made a lot of money, but at the time investors still didn't believe in military action.

Autumn Pictures once again stepped in to help Wu Jing finish filming "Wolf Warrior 2," but judging from the pre-release public opinion, the market is still not optimistic about the sequel.

Firstly, despite his experience with the first film, Wu Jing is still considered a new director, and the production cost of 2 million is too high; Wu Jing may not be able to handle it.

Secondly, it clashes with "The Founding of an Army," the final installment in the "Founding" series. "The Founding of an Army" has official backing and a cast of half the entertainment industry. Based on past experience, "The Founding of an Army" is basically guaranteed to win.

The first movie grossed 500 million, and the second movie might gross 800 million at most, but it still wasn't enough.

Wu Jing put in a lot of effort in the pre-release promotion of "Wolf Warrior 2", and went on a crazy roadshow!

The nationwide roadshow began a month in advance.

Roadshows are cheaper than internet marketing, so the marketing costs for "Wolf Warrior 2" were not high.

影片定于27号晚8点01分上映，为的是纪念8·1起义。

Who would do that!
Who doesn't release a movie at midnight and then have it shown in the evening, wasting an entire day?

But Wu Jing didn't care and insisted on doing it this way, and the company couldn't change his mind.

That same day, Li Qiutang specially recorded a video and posted it on Weibo to cheer on "Wolf Warrior 2," urging viewers to "support Wu Jing and support 'Wolf Warrior 2.' Only if 'Wolf Warrior 2' does well can he happily come and make a cameo appearance for me."

The filming of "The Wandering Earth" lasted for more than two months, but Wu Jing didn't come to the set even once.

After Li Qiutang posted this Weibo, Wu Jing, who was still on the promotional route, quickly reposted it and commented: "Soon, I'll go take the photos for you after the promotion is over."

Li Qiutang simply didn't have time to keep up with the situation of "Wolf Warrior 2"; the "Wandering Earth" crew was too busy.

"Director Ning Hao is here."

"I've been waiting for you! If you hadn't come, I would have changed my clothes and gone to work." The promised owner of the underground skewers shop was played by Ning Hao.

While getting his makeup done, Ning Hao said, "Goodness, I have a ton of things to deal with on my own set, but I'll film this for you first."

When will you start filming your movie "Alien"?

"Huang Bo and Shen Teng will arrive tomorrow night. You don't have many scenes in this cameo role, do you? If you give me two pages of scripts, I won't be able to film tomorrow."

"Not much, just two lines. Two large glasses of juice, to check if the earthworm is fresh. The second line, you don't know anything, we call this roasted milk dragon. If you don't want it, give it all to Duoduo. That's it, happily decided, order placed."

"Gone."

“Okay.” That’s easy. Ning Hao didn’t even have a script. He just tore off a piece of paper and wrote down his two lines.

Ning Hao sat in front of the makeup mirror, looking at Li Qiutang in the mirror, and said, "I think your space capsule and spacesuit are well made. I have a problem with my props. If you're not in a hurry, can I borrow them for a few days?"

(End of this chapter)