Artists under the Rebirth of the Coal Boss

Chapter 275 Humanity's Ultimate Wealth?

Chapter 275 Humanity's Ultimate Wealth?
Beijing, Tower A, China World Trade Center Phase III, Tiger Shadow Star Brilliance Culture Media Co., Ltd., President's Office.

During a video conference of the three giants of Tiger Capital, the eldest sister-in-law, wearing a face mask, talked about the strategies she learned at the 5th China Private Enterprise Investment and Development Forum.

“We can use the 23 mining areas under Jinyuan Huwei Coal Industry Company as high-quality assets to apply for a guarantee letter from a domestic bank.”

“A financing guarantee letter is issued by a domestic bank to the offshore center.”

“The offshore center then lends money to our shell companies in Hong Kong, Luxembourg, and the Cayman Islands based on the guarantee letters we receive.”

Lin Xingzhuo was stunned for a moment after hearing this.

Holy crap! This is exactly the kind of financial scheme that Wang Jianlin used during Wanda's peak!
Domestic guarantee for overseas loan!!
They were among the first to flee, the group that fled in 2015, including him, HNA, Anbang, and Li Ka-shing. They were the four major companies that fled back then.

Apart from Li Ka-shing, the other three companies all used the method of domestic guarantees for overseas loans and then acquiring assets overseas to transfer funds abroad.

HNA bought an Irish aircraft leasing company and the Red Lion Hotel; Anbang bought the Waldorf Hotel; Wanda bought AMC and Legendary Pictures in the United States.
…………

In fact, the government initially introduced this policy to address the difficulties faced by mainland enterprises going global, particularly their low credit ratings overseas.

The "domestic guarantee for overseas loan" scheme cleverly utilizes the strength and credit of the domestic parent company, transferring credit overseas through letters of guarantee issued by domestic banks...

This opens up financing channels, allowing domestic companies to overcome the credit difficulties of overseas financing.

Huawei, Xiaomi, Lenovo, OPPO, DJI, Transsion, Alibaba, Xiaohongshu, ByteDance, and other companies have all used this policy before...

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On Tianya, a fellow villager of Xu Jiayin once complained that he was also responding to the "giving back to his hometown" policy.

Liu Qiangdong gave back to his hometown by building a factory and raising the wages of his fellow villagers from over a thousand to over five thousand.

Mr. Xu gave back to his hometown by building houses there, raising the price of houses in his hometown from over a thousand to over five thousand.

The same principle applies to the "domestic guarantee for overseas loan" policy...

…………

The question now is...

In his previous life, Lin Xingzhuo had reviewed the documentary "The Road to a Strong Brand Nation: Unveiling the Birth of a Wanda Plaza," produced by CCTV's Finance Channel.

Following the same pattern as in the previous life, Wanda, as one of the first companies in China to adopt the "internal guarantee for external loan" policy, would have had to wait until 2012 to acquire AMC Theatres.

Now, Jinyuan Huwei Coal Industry Company has become the first to take the plunge, three years ahead of schedule.

This strategy was revealed by Wang Jianlin, the founder of Wanda Group.

This is somewhat strange...

…………

Lin Xingzhu thought for a moment and said, "Sister-in-law, Wanda is in the real estate business, and their situation is quite different from ours. Should we inquire about this matter again?"

Shen Mojun, the eldest sister-in-law, who was wearing a face mask, praised without reservation: "As expected of Xingzhuo! Her political acumen is incredibly sharp!!"

"This policy of the State Administration of Foreign Exchange was issued the year China joined the WTO. However, it has always been very strict, and no private enterprise has ever used it."

"They just want us to be cannon fodder, to test the waters..."

Ding Ye also figured out the trick and said:
"Wanda Plaza's cinemas are self-operated! Damn it! They're setting us up as competitors!"

"Are they trying to test our mettle?!"

"Sister-in-law, should I contact my old comrades in the housing and fire protection systems and give him a hand?"

Secretary Gao Yue used a warm, damp wash sponge to gently wipe away the green mud mask residue from Shen Mojun's face in circular motions.

Sister-in-law Shen Mojun said, "Let's finish our own business first, and then we'll cause trouble for him later."

“I asked Shao Meiyun to ask her uncle, who is a division chief at the State Administration of Foreign Exchange, about this matter.”

"The latest trial measures, to be released next month, will stipulate that funds cannot be used for operations beyond the scope of business, arbitrage, or speculative transactions." "Without approval, funds from overseas cannot be used for domestic lending, equity investment, securities trading, etc."

"If the reported use of funds deviates even slightly from the intended purpose, the funds will be frozen immediately..."

Lin Xingzhuo and Ding Ye looked at each other in bewilderment.

Under such stringent conditions, it's simply impossible to use funds obtained through "internal guarantees for external loans" from coal mines to purchase film and television IP rights overseas...

No wonder Lao Wang started planning the "internal guarantee for external loan" approach as early as 2009, but there was no progress until the regulations were revised in 2011, at which point he began to take action on a large scale.

If it weren't for the connections of Shao Meiyun, the best friend of Shen Mojun, Tiger Eye Vision Group would definitely have suffered a major setback when the new trial measures were released next month!

Even Tiger Vision, as an independent company, is going bankrupt!
This incident has created a rift between Tiger Capital and Wanda Group!
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Sister-in-law Shen Mojun said, "Then let's settle it like this!"

Lin Xingzhuo and Ding Ye: ? ? ?

What? What? It's decided already?

Now, Jin Yuan Huwei Coal Industry Company can only use the "internal guarantee for external loan" for its main business, and it can't carry out IP acquisition at all!
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Lin Xingzhuo and Ding Ye were about to speak.

Shen Mojun then launched into a personal showcase of skill in front of his two younger brothers!
The female secretary, Gao Yue, brought over a Blackberry Bold 9700 mobile phone and handed it to her sister-in-law, Shen Mojun.

My sister-in-law made a phone call, and I could vaguely hear her saying something like, "Send me a message... Yes, stamp it first, then sign it..."

A few minutes later, the matter was settled.

Sister-in-law Shen Mojun has once again proven that humanity's ultimate wealth is power!
…………

The funding problem is solved!

Lin Xingzhuo and Ding Ye began to take action in their respective fields...

Based on his memories from his previous life, Lin Xingzhuo provided a list of IPs he was interested in negotiating with.

Ding Ye arranged for Xu Zhixia to assemble a professional intellectual property team to embark on a global tour.

........................

In Xingcheng, Hunan Province, at the Golden Eagle Film and Television Cultural City, the production team of Hunan TV's "Happy Camp" program is preparing to record the latest episode.

This episode features the main cast of "Chinese Paladin 3" promoting the TV series' upcoming broadcast on satellite TV next year.

In 2009, it faced competition from strong dramas such as "Lurking", "Dwelling Narrowness", and "My Chief and My Regiment" on terrestrial channels.

However, "Chinese Paladin 3" still topped the ratings in many regions!

In Yongzhou City, it achieved a viewership rating of 14.8%, breaking the 2009 annual viewership record for terrestrial channels!

"Chinese Paladin 3" pioneered a successful model for "game-to-TV adaptations" and, together with "Chinese Paladin" in 2005, laid the foundation for fantasy dramas.

The full rise of the golden generation of actors from the Legend of Sword and Fairy series!

The lead actors, including Hu Ge, Yang Mi, Huo Jianhua, Tang Yan, and Liu Shishi, have risen to the ranks of A-list celebrities.

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In the dressing room of the "Happy Camp" program, three best friends from the "Chinese Paladin 3" cast, who are inseparable and can talk about anything, are discussing an entertainment magazine.

Tang Yan, with her hair curled, looked at the cover of "Entertainment Pie" magazine in her hand. It depicted Lin Xingzhuo being surrounded by a large number of fans at the airport. She said:
"Look at this..."

"Is this Lin Xingzhuo really that exaggerated? So many fanatical fans? Could she be a hired shill?"

(End of this chapter)

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