My wife is in my arms
Chapter 1230 Shareholders' Meeting 4
Chapter 1230 Shareholders' Meeting Part Four
The core performance index increased threefold compared to the previous year, with revenue and net profit attributable to the parent company reaching 1.3 billion yuan. The financial indicators showed a very impressive performance in terms of operational capabilities.
Overall, Tianyu Entertainment's industry index score is 230%, which is three-quarters higher than the industry average.
The key is growth potential; whether it's short dramas, films, or songs, they all show strong momentum for development.
Not to mention the fields of singers and actors.
Several singers have seen their appearance fees increase significantly, and actors such as Shen Jiaming, Jin Kai, and Li Li have become famous. If another project succeeds, it will prove their box office appeal.
Once that's achieved, the salary will have to keep increasing.
Shen Jiaming, in particular, can command a salary of 30 million yuan per film without worrying about finding work, as long as he stars in a comedy. In short, last year was indeed a fruitful year for Tianyu Entertainment, and it was also in this year that her personal value increased significantly.
"Chairman Lin, will Director Zhang leave the company after completing his agreement with the company?"
As the sole female shareholder of EE-Media, Xu Min stated directly, "I reviewed all the projects operated last year, and the most profitable ones were all his work, including 'Goodbye Mr. Loser,' 'The Truman Show,' and 'The Voice of China.' Even Ma Chu's 'Until the End of the World' is closely related to him."
Xu Min paused slightly before continuing, "So I hope the company will keep him. If... this year might be my last time attending the company's shareholders' meeting."
I agree with Xu Min.
Lu Ye immediately spoke up.
"Chairman Lin, give me an answer."
The others exchanged glances and urged each other on.
With Tianyu Entertainment's stock price so high now, it will definitely rise further after the annual report is released. However, they are well aware that this upward trend has a limit, and the highest point that appears may be the historical high point of Tianyu Entertainment's stock price.
At the same time, it is also the best time to cash out.
Once they miss this opportunity, the stock price will return to six or seven yuan per share in two or three years at most. The company's stock price will rise to its highest point then, which they can accept, but they cannot accept it returning to a point where it is worthless again.
Xu Min's meaning was simple: if Zhang You stayed in the company, she would keep her shares; if he left, she would choose to exit some time after the company released its annual report.
Song Lan sat to the left of Chairman Lin. She was not surprised that the company's shareholders knew about Director Zhang's importance. After all, not only the shareholders and employees, but also many shareholders knew about it.
The main reason is that Director Zhang is too famous. Several projects in the company will include his name, and he will also be used as a breakthrough point for publicity.
Just like in "Goodbye Mr. Loser", even though Shen Jiaming had been in the industry for several years, not many viewers knew him. But Director Zhang was different; his fame and influence were enormous.
And then there's "The Truman Show," whose publicity campaign also focused on him.
The same applies to "The Voice of China".
The promotional title, "Heavenly King Zhang You Brings the Voice of China," refers to her participation in the show.
Originally, this was just a normal way of promoting the company. After all, that's how the entertainment industry works. Whoever has the biggest name is used to attract the audience's attention. However, this kind of promotion gradually had its drawbacks. Many people in the company followed Director Zhang's lead and did not want him to leave. The shareholders who bought the company's stock were also watching and waiting.
Including Song Lan herself.
She recently spent another 300,000 yuan to buy company stock.
We're also waiting to see if Director Zhang will stay or leave before making a decision.
If the company can't retain her, she'll sell the company immediately after the annual report is released and the album "Future Boy" is released. She won't even wait until "The Vanished Girl" is released. If Director Zhang is still with the company, she can definitely do long-term business.
She'll work for the same length of time as Director Zhang. As long as it's not shorter than his, it's fine.
"Chairman Lin, how exactly did you two negotiate?!"
Gong Nianhua couldn't help but ask, "Don't tell us you didn't discuss it. He should state his conditions as soon as possible, and then you can discuss it with us. We'll try our best to meet his requirements."
Even though this year's dividends are substantial, as shareholders of the company, they are more concerned about the value of their shares, because it involves not just a few hundred or tens of millions of dollars, but hundreds of millions.
Song Lan continued taking notes at the meeting.
In such a situation, it wasn't something a mere assistant like her could interrupt. Then, Song Lan heard Chairman Lin suddenly say, "Record and file."
Song Lan quickly responded.
She knew they were finally getting to the point.
This is the company's top priority right now. Not only is she concerned about it, but other employees are too. If this issue isn't resolved, many people in the company won't be able to sleep, because they're afraid that as company employees, they might have their company stock holdings trapped.
"In view of Director Zhang's contributions to the company, as the chairman of the board, I am prepared to award him two percent of the company's shares. As members of the board of directors, you should also contribute a portion of your shares according to your respective ownership percentages."
Lin Baoer spoke.
Song Lan, who was taking notes, paused slightly.
Chairman Lin is really generous!
They actually gave Director Zhang so many shares. Two percent of the company's current market value is worth at least three or four hundred million.
"I have no opinion"
Before the other shareholders could speak, Xu Min spoke first, saying, "However... Chairman Lin, I hope to change the reward into a contract, which stipulates how much profit Director Zhang generates for the company this year, and how much he will receive according to the contract. If he fails to meet the target, he will have to make up the difference."
"Earn-out agreement"
These four words instantly popped into Song Lan's mind.
Song Lan also admired this shareholder of the company very much; he truly deserved to be called a famous female investor in the business world.
Judging from Chairman Lin's reaction, she wanted to contribute two percent of her shares, along with some from other shareholders, as a reward to Director Zhang.
Xu Min directly suggested changing it to a betting arrangement.
really.
After Xu Min made the suggestion, the shareholders present immediately raised their hands in approval, starting with Boss Lu, who raised his hand one by one to vote, saying "I agree," "I agree."
Seeing this, Song Lan knew that there was no suspense left in the matter.
With so many shareholders in favor of signing a performance-based agreement with Director Zhang, even if Chairman Lin was unwilling and wanted to fight for Director Zhang's interests, he couldn't refute it, because it was something that would benefit the company's development.
If Director Zhang wants to get more shares, he has to work hard to make money for the company.
But what if it's not completed?
Director Zhang also had to shed a layer of skin.
However, it depends on how Chairman Lin helps him negotiate with the shareholders. If the betting amount is not high, Director Zhang can easily complete it with his abilities.
(End of this chapter)
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