Huayu: A Commercial Director
Chapter 338 is coming soon, the theme park plan.
Chapter 338 is coming soon, the theme park plan.
This shopping platform company has huge market potential.
Its market value has even been predicted to exceed 100 billion, and may even surpass Alibaba's shopping platforms in the future.
The fact that it snatched market share from Alibaba and JD.com demonstrates its immense potential.
People in the film and television industry have never even dreamed of investing in such a company.
Besides film and television projects, the food and beverage industry is where they can make the most investments.
For example, hot pot restaurants.
Several celebrities have already opened hot pot restaurants, some even chain stores. A lot of people joined the franchise because of his name, and he has already made his money and is probably leaving the market.
No one expected to see a familiar name on the shareholder list of a shopping platform company that was about to go public.
Chen Shouzhe!
Surprisingly, Chen Shouzhe's name appears on the shareholder list of this knife-making company.
A bigwig in the film and television industry invested in a technology company.
Pindaodao is a technology company.
Chen Shou is a relatively uncommon name; barring any unforeseen circumstances, he is the only one in the entire country with this name.
Pengcheng, the headquarters of Tencent, attaches great importance to Pindaodao Company. They have also invested in the company. However, they only found out last year that Chen Shouzhe was also a major shareholder of the company. Before they raised funds, Chen Shouzhe had already invested and continued to increase his investment to maintain his shareholding.
"We invested so much money, but we still don't have as many shares as some others. They have such sharp eyes!" Little Ma laughed in his office.
Liu Zhi smiled and said, "You can still get in by fighting with knives, but the other one won't give you any chance at all. There are two short video platforms. One of them is successful, but the other one is not simple and it will be very difficult to get in. Chen Shou won't give in on that side, and the other side is even more complicated."
"Forget it then, eating too much will only get you beaten up." Pony Ma shook his head. They had been warned by their superiors that Tencent had too much money, spending it everywhere, and was almost monopolizing the market along with Alibaba.
How could the higher-ups not notice? They will definitely weaken it; they know it very well. Some major shareholders have been selling off their shares.
"I still admire him. He's talented and has such a sharp eye for investment. He's only thirty years old and already has tens of billions," said Pony Ma.
“I’ve got it. Wanda is going to resume trading. Investors are very confident now and won’t be affected by Wanda’s situation. They even think that Wanda can let go and sell all its shares to Chen Shouzhe, and change Wanda Cinemas to Shouzhe Cinemas.” Liu Zhi nodded.
“The commercial value that the film and television industry can leverage is enormous. I heard he also plans to build a theme park?” said Little Ma.
"It's not that he had a plan, but that Wanda had a plan. They partnered with Shouzhe Pictures to design Disney-style theme parks, mainly based on Journey to the West. Nowadays, many escape rooms and haunted houses also use elements from Strange Tales from a Chinese Studio, and they all have to pay Shouzhe Pictures copyright fees," Liu Zhidao said.
"If copyright can last a long time and this trend continues, it may become a century-old giant, just like those Hollywood film companies."
"It's a pity he won't invest; maybe Little Dream still has hope."
"That special effects company?"
"They mainly produce animation, and it's the most likely company to become Disney in the future."
"Make more contact; if they loosen their stance, we must secure the first round."
"I've already had someone keep an eye out for it."
Similarly, Alibaba expressed shock, especially Jack Ma, who had met Chen Shouzhe before, even several times, but never expected that Chen Shouzhe would invest in this rival company.
Zhang Qiang was even more shocked. You, a person in the film and television industry, actually invested in a technology company just like Huayi, which is now valued at hundreds of billions and is about to be listed on NASDAQ.
Is this justified?
The specific shareholding of Chen Shouzhe is detailed in the prospectus. Huang owns 50.7%, Tencent only 10.8%, and Chen Shouzhe owns 11.6%. It's said that Chen Shouzhe initially held more, but his shareholding was diluted significantly after multiple rounds of financing. He had to invest more money himself to maintain a higher share than Tencent. In a company worth hundreds of billions, Chen Shouzhe's 11.6% stake equates to 116 billion yuan. If he were to sell now, there would definitely be someone willing to buy.
The film industry watched in utter shock. Chen Shou's previous investment of 154 billion yuan to buy 25% of Wanda Pictures was already astonishing, but now he also has shares in a soon-to-be-listed company, and his shareholding ratio is even higher than that of Tencent.
"Damn, how does he have so much money?" Wang Zonglei cursed after seeing the news.
This is now the top trending topic on Weibo, and it's a financial news release.
Chen Shouzhe; Major Shareholder of Pindaodao
"I never expected that his investment in a shopping platform company would lead to his success," Wang Zongjun said enviously.
It was worth 116 billion, but if it were sold for 120 billion now, there would definitely be someone willing to buy it, especially since it's about to go public.
Chen Shouzhe's initial investment was definitely not that much; the return on investment may have already reached more than ten times.
Thinking of this, the two brothers could only feel envy. Looking at Huayi's stock price, it had already started with a 3, and its total value was no more than 10 billion, successfully falling below 10 billion.
Looking back three years ago, Huayi was aiming for 100 billion yuan, but it plummeted when it reached 90 billion yuan.
The two brothers felt as if they had lived through another world.
It wasn't just the brothers who felt like it was a lifetime ago; Enlight Media didn't want to say anything anymore, and the board members had long since given up. Now that Chen Shou had the ability to take over Wanda Pictures, why would he need them?
What Huayi couldn't do back then, Chen Shouzhe might be able to do.
Huayi's move away from solely focusing on film does not mean completely abandoning film altogether, but rather using film IPs to incubate the real estate industry.
Clearly, their company lacks the resources to incubate a movie city similar to Disney.
On the contrary, Chen Shou has an opportunity, especially with his own major IP "Journey to the West", he can completely build an Eastern mythology theme park based on it.
With Wanda Pictures, and potentially a parent company like Wanda Pictures in the future, plus internet companies, Chen Shouzhe will only become stronger.
Guangming no longer asks for anything more; it just wants to resume normal business dealings.
Chen Shouzhe was filming Journey to the West. He arrived at the studio early in the morning. The actors arrived early to prepare their makeup. Many of the monsters required a long time to put on makeup. When they saw Chen Shouzhe come in, they all turned their eyes to him.
"Good morning, Director Chen." Wuershan walked over carrying two steamed buns.
"Good morning," Chen Shouzhe greeted.
"Congratulations, Director Chen." Wuershan suddenly clasped his hands in a fist salute, his envy barely concealed in his voice.
"What's there to congratulate?" Chen Shou waved his hand.
"I didn't expect Director Chen to be such a skilled investor. He owns 11.6% of a company with a market value of hundreds of billions, which is 116 billion!" Wuershan said.
Those around Chen Shouzhe looked at him upon hearing the number. It sounded like a number, but in terms of actual money, it was a mountain. Even the mountain of money that Wang Duoyu was sitting on was only 20 billion. It was hard to imagine that someone so rich was still a director, which showed his love for the industry.
"This is nothing, you'll see later." Chen Shou patted Wuershan on the shoulder and walked over with a flourish.
"Could there be others?" Ursan thought of a possibility.
Meanwhile, the outside world is already calculating Chen Shouzhe's net worth.
(End of this chapter)
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