Who are you calling "little fresh meat"? I'm the king.

Chapter 943 Going public and getting rich quick (23)

Zhang Jiazhen…

One of the bigwigs in Hong Kong's entertainment circle!

Years ago, he worked in marketing at Tsui Hark's film studio. He greatly admired John Woo, but later John Woo and Tsui Hark parted ways...

He ran away with John Woo and started a business together – New Milestone Film Company.

By the way, when John Woo was filming "A Better Tomorrow" halfway through, Karl Maka demanded that the negatives be burned—they shouldn't make it anymore, and it was impossible for it to be released!

Xu Ke acted as guarantor before filming was completed, the film was released, and it was a huge success!
Let's get back to Terence Chang!
After starting his own business, John Woo produced several critically acclaimed films, but their box office performance varied...

—Of the three films: The Killer, The Killer, and Once a Thief, only the last one made money!

Especially "Bullet in the Head"—this movie cost 2800 million, but its Hong Kong box office didn't even reach 1000 million...

The later film, *Once a Thief*, sold 3000 million copies…

However, John Woo found himself under immense pressure running his company, and it would be very dangerous if another film flopped.

Just then, Terence Chang took John Woo's film "The Killer" to the United States for promotion and looked for opportunities for John Woo everywhere.

Zhang Jiazhen originally studied in the United States and worked in marketing at Tsui Hark's company, so this is one of his strengths.

Then John Woo went to the United States to film "Hard Target," "Broken Arrow," and "Face/Off," and later "Mission: Impossible 2"...

With "Mission: Impossible 2", John Woo became the world's highest-grossing film of the year!
Terence Chang has always been John Woo's go-to producer...

Later, John Woo returned to the Chinese film industry, and Terence Chang also became a big shot, founding Star City Entertainment with Michelle Yeoh, acting as a go-between for the wealthy—basically, a pimp!

Despite his poor grades, it didn't stop him from expanding his network...

Later, he founded Qiancheng Films, which produced a bunch of big-budget films, but none of them were box office hits…

But by signing Huang Jingyu, they incidentally made her famous...

Previously, Shen Yan was very curious as to why some film companies could always get money to invest in new films even though their movies were losing money.

"Love in Manhattan," "The Snowstorm," "Papillon," "The Climbers," and even "You From the Dog Planet"...

None of them grossed more than 20 million at the box office, but each one was made at a high cost – "The Blizzard" and "The Climbers" both had an investment cost of over 150 million!
Where did the money come from?
I know it's money from investors...

What kind of investor would be so generous?
Later, after studying the history of Hong Kong cinema, I learned that Hong Kong films are inextricably linked to illicit money!
Initially, the cost of film production was difficult to audit. Many expenditures were very complex and untraceable. For example, if you built a palace and then blew it up, the cost of building the palace would be impossible to determine.

Furthermore, the exact cost of essential items such as costumes, props, and makeup cannot be assessed using professional techniques.

Even more direct is giving celebrities exorbitant salaries. You say they have expressionless acting skills and can only stare, but I insist they are worth 8000 million. It's like, "Others laugh at my madness, but I laugh at their ignorance."

Furthermore, the films can be exported, and box office figures can be inflated through false reporting and other means, with illicit funds then injected into the box office revenue to successfully launder money and flow back to Hong Kong.

At that time, triad bosses in Hong Kong, Macau, and Taiwan were pouring money into the film industry. For example, Yang Deng-kui of the Taiwan Tiandao Alliance, who was also the godfather of Barbie Hsu and Dee Hsu, actively invested in the film industry and invested in many films by Zhengdong Films...

The Xiang brothers founded Win's Entertainment and produced a bunch of blockbuster movies...

Is it still available?
There's a company called Sun Entertainment, which is affiliated with Louis Koo's One Cool Film Production...

Therefore, before Alvin Chau was arrested, his Sun Entertainment Culture Limited was enjoying great success, having invested in a series of Louis Koo's films!

Louis Koo had been working until after Alvin Chau's arrest, when he started frequently playing the victim, such as in the famous "Warriors of Future" marketing campaign...

Is Zhang Jiazhen connected to this group? It's hard to say…

Anyway, Shen Yan didn't want to have anything to do with him!
……

Maoyan Entertainment listed on the Hong Kong Stock Exchange…

Shen Yan didn't know much about listings, especially those on the Hong Kong Stock Exchange. The only one he had paid attention to was the listing of Mixue Ice Cream. Mixue Ice Cream's super IP, lifelong spokesperson Xue Wang, and his seven partners walked onto the stage together to strike the listing gong, making it the "cutest" bell-ringing scene in the history of the Hong Kong Stock Exchange.

He attended the listing ceremony in his capacity as Chairman of Maoyan Entertainment…

The net proceeds from this IPO amounted to approximately HK$28.24 billion, placing it among the largest IPOs in China's entertainment industry in recent years.

The funds raised will be used for three main purposes: First, to enhance the platform's technology research and development and infrastructure, including optimizing user experience and expanding business scenarios.

Secondly, it is used to find investment opportunities with strong synergies with business operations, including asset acquisitions in fields such as film and entertainment…

Preparing to acquire Spark Animation, a subsidiary of Spark Studio…

Third, research and development and technological infrastructure.

Based on the total transaction volume of movie tickets in the first three months of 2018, Maoyan has become the largest online movie ticketing service provider in China, with a market share of 60.9%.

In the online live entertainment ticketing sector, Maoyan has jumped to second place in the industry after acquiring Motianlun—the first is Damai Entertainment!
Maoyan's performance turned a profit in 2017—last year it earned 1.2 million yuan.
The company made a profit of 6800 million in the first quarter of this year…

Maoyan's estimated market capitalization is HK$400 billion...

If it goes public in June, it will be difficult to achieve this goal, after all, "May (Wu Yue) was very happy"...

It's April now, and Maoyan has Shen Yan's strong support...

It went quite smoothly!

However, the scene was quite grand, with all the financial media in Hong Kong, including many financial media from the mainland, waiting at the Hong Kong Stock Exchange!
Maoyan Entertainment opened 74% higher but eventually fell back to close at HK$37, giving it a market capitalization of HK$390 billion.

Shen Yan personally holds 47.34% of the shares, which is HK$184.62 billion!
……

Maoyan goes public, Shen Yan rakes in 180 billion yuan, becoming the richest person in mainland China's entertainment industry!

"At 30, a net worth exceeding 180 billion..."

"Revealed: Shen Yan's net worth is definitely more than 180 billion..."

In short, a lot of media outlets are praising Shen Yan!

The massive public outcry was partly fueled by Hong Kong media stirring things up and partly by the underwriters of Maoyan Entertainment's stock.

As the first listed online ticketing platform in mainland China, Maoyan itself has a strong appeal, captivating investors and even attracting some small securities firms to follow suit and invest...

Most importantly, Maoyan is related to Shen Yan…

So far, none of the films and television dramas that Shen Yan has participated in have failed, and he is involved in all of the top five highest-grossing Chinese films!
Wolf Warrior 2, The Wandering Earth, Operation Red Sea, Detective Chinatown, and The Martian…

Maoyan's stock price surged on its first day of trading, and the momentum continued on the second day, rising 13.6% and then 7.5% on the third day, pushing its market capitalization above HK$460 billion...

Currently, it holds the top spot in market capitalization among internet entertainment service platforms!
Of course, if we consider the entertainment category, Maoyan is currently behind China Film Group and Wanda Group...

Huayi Brothers' market value has long been below 300 billion!

(End of this chapter)