Film and Television: Bao Zong has finance in his left hand and entertainment in his right.

With a forward-thinking mindset, Liu Xiaobao did not intend to slowly build the company; he wanted to plan the ultimate goal from the very beginning.

He had already decided that he wanted to directly establish a group company.

From now on, all the business he engages in will be affiliated with his group company.

Liu Xiaobao even quickly devised the basic framework for the group.

First, there's his current business. He plans to continue his foreign trade business and keep the foreign trade company. He'll focus solely on trade in the future, and his uncle will remain in charge.

Secondly, there's the investment business in the stock market. Liu Xiaobao decided to separate this part and directly establish an investment company, also known as an investment bank.

However, Liu Xiaobao's investment bank will not only focus on stock investment. Stock investment is just one of the projects. It will be used as a foundation to build up the business. When he has more funds in the future, he will use this investment company to make financial investments.

Finally, Liu Xiaobao plans to establish another entertainment company.

That's right, it's an entertainment company.

Liu Xiaobao knew very well that, apart from stocks, the entertainment industry was the fastest way to make money in the 1990s.

During this period, a film only cost a few million to make, and if the filming was fast, it could be completed in about a week and released on the big screen to make money in half a month.

Although box office revenue isn't as high as it was in 2023, and a movie getting 30 to 40 million in box office revenue is considered very high, the turnover rate is still fast!

To put it simply, in 2023, it would take more than half a year to make one movie, and for movies with higher requirements, it might even take one or two years.

How can it compare to now? Take Wong Jing, the famous "fast-shooting director" in Hong Kong, for example. At his fastest, he could shoot a movie in a single day.

Of course, such situations are rare, but in today's film industry, it generally takes half a month to a month to complete a film.

Even if a movie only earns one or two million, the speed at which it makes money is still terrifying.

The key point is that film taxes were low at that time, with a tax rate of only about 12%, unlike the tax rate of up to 40% in later generations.

If a movie grosses ten million at the box office, after taxes it will still have nine million left. After deducting the investment cost, it can still make a profit of at least four million.

Moreover, entertainment companies can make money not only by making movies, but also by singers singing.

Just like the "God of Songs" Jacky Cheung, just one cassette tape of "Kiss Goodbye" sold for over 40 million copies.

Moreover, the entertainment industry was not only a golden age in the 1990s, but it will remain a highly profitable industry even in 2023.

Therefore, Liu Xiaobao definitely needs to set up an entertainment company.

For now, Liu Xiaobao's idea is to establish three companies: a trading company, an investment company, and an entertainment company.

As for other industries, Liu Xiaobao has no plans to get involved yet, because he knows that the amount of funds he has is not enough to expand his business too much.

Having made plans for the future, Liu Xiaobao felt much better.

At 7 p.m., Liu Xiaobao drove to 'Night Tokyo'.

As soon as they entered, Xiaoqin and Xiaowen, the waitresses at 'Night Tokyo,' shouted together, 'Boss, Mr. Bao is here!'

Although Xiaoqin and Xiaowen were trying to remind Lingzi, their shouts attracted the attention of the customers in the store, who all looked towards the entrance.

There's no way around it; Bao Zong's reputation has become too big in the last two years, and most of the customers who come to "Night Tokyo" are there specifically for him.

Of course, these people didn't just come to 'Night Tokyo' to catch a glimpse of 'Boss Bao'; they all wanted to try their luck and see if there was any possibility of doing business with 'Boss Bao'.

Noticing that he had become the center of attention, Liu Xiaobao was not nervous. Since his rebirth, he had become accustomed to being the center of attention.

He calmly nodded slightly to the customers in the shop, as if to greet them, and then went straight to the kitchen.

Liu Xiaobao arrived hungry, and the first thing he did upon arriving at 'Night Tokyo' was, of course, to ask the chef to prepare food.

"Little monk, I don't want rice porridge today, get me some stir-fried dishes!"

"Okay, Mr. Bao, I understand!"

After greeting the young monk chef, Liu Xiaobao turned and walked towards the private room.

As soon as I stepped into the private room, Lingzi followed me in.

"When did your tastes change?"

"Even eating dragon meat every day gets boring, let alone rice porridge. It's time for a change!"

"Then when are you going to replace me, the person who's in charge of Tokyo's nightlife for you?"

"How could I? I would never trade you for Reiko!"

"Why can't you replace me?"

"Because Reiko, you'll lose money!"

"Okay, so you're mocking me, aren't you? I don't care, but you can't talk to me like that anymore. I'll try to help you lose less money starting next month!"

"That's great! Thank you so much!"

"Alright, let's get down to business. Business isn't doing too well right now. The reason I called you here today is to tell you that I want to renovate Night Tokyo and get the business back on track."

Upon hearing this, Liu Xiaobao shook his head and smiled wryly: "Just tell me directly, how much do you need for the renovation?"

"One million!" Reiko stated the number without any hesitation.

This time, Liu Xiaobao genuinely smiled.

"One million? Reiko, are you trying to rip me off? Even if you gilded every corner of this little place in Tokyo, it wouldn't cost a million for renovations, right? But if you want to do business properly, I'll still support you. Here's what I'll do: I'll have my uncle transfer two hundred thousand to you tomorrow. You can fix up the renovations and then get your business up and running."

At this moment, Lingzi smiled and said, "Two hundred thousand it is. When it comes to renovations, there are ways to do it even with a limited budget. Don't worry, I will definitely make Night Tokyo even better than those restaurants on Huanghe Road."

Chapter 14 A Chance Encounter with the 'Jade Girl Leader' in Hong Kong (Please add to your favorites and give flowers)

Lingzi seemed mercenary and greedy, but Liu Xiaobao wasn't annoyed by her.

He knew that Reiko wasn't what she seemed.

Lingzi always squeezed money out of 'Boss Bao' just to leave 'Boss Bao' a way out.

In case 'Boss Bao's' business fails one day and he loses everything, Lingzi will still have a way out for him.

Therefore, Liu Xiaobao didn't mind that Lingzi treated him like a leek and would harvest him every now and then.

The next day, Liu Xiaobao kept his word and had his uncle transfer 200,000 yuan to Lingzi.

Liu Xiaobao didn't care, but Uncle couldn't stand it.

But Uncle did not stop doing his job because of this; after all, the money belonged to Liu Xiaobao, and he could spend it however he wanted.

However, the old man couldn't help but mutter something under his breath.

"That debt collector really treats you like a bank. She can withdraw money whenever she wants. I don't know when this will end."

Liu Xiaobao knew that his uncle had always disliked Lingzi, so he didn't argue with him. He just smiled faintly and replied, "Money is meant to be spent, otherwise what's the use of making so much money!"

The old man didn't say anything more, just shook his head, picked up his briefcase, and went out.

Having settled Lingzi's matter, Liu Xiaobao could now calmly plan his next move.

Liu Xiaobao did some mental calculations and realized that his funds were currently divided into two parts.

Part of the funds were placed with Uncle for the operation of the foreign trade company. This part of the funds was not much, only about 3.5 million.

The other, larger portion, is placed in the fleet's account for stock market operations. Including yesterday's profits, this portion now amounts to approximately 11.5 million.

Fifteen million—that's all of Liu Xiaobao's current personal assets.

What Liu Xiaobao wants to do most right now is to set up an entertainment company so that he can start making quick money by investing in film and television.

Liu Xiaobao made minimum standard calculations for the entertainment company he was about to establish.

If the company doesn't sign any artists or build its own film and television production team for the time being, and only invests in films, then this entertainment company only needs about five million in funding.

However, it is clear that he does not have enough funds at the moment.

Liu Xiaobao doesn't plan to touch the foreign trade company's funds, otherwise it will affect the operation of the foreign trade business.

Although the fleet has 11.5 million in funds for stock trading, this amount is already insufficient for stock trading. If Liu Xiaobao withdraws more of this money, his capital for stock trading will be even more insufficient in the future.

Therefore, if Liu Xiaobao wants to set up an entertainment company now, he will have to find another way to raise money.

However, the fact that the company cannot be set up for the time being does not prevent Liu Xiaobao from registering an entertainment company first.

Register the company first, and then when he has funds, he can directly participate in the investment without having to go through the relevant procedures again.

Without hesitation, Liu Xiaobao grabbed his ID card and travel permit and flew directly to Hong Kong.

In this day and age, it is not easy to start your own entertainment company in China, as the approval process is very complicated. However, it is not difficult in Hong Kong.

That day, Liu Xiaobao rented a small house in Hong Kong to serve as the company's business location. The next day, he went to the relevant department to pay the fees and register, thus completing the registration of an entertainment company.

Tianbao Entertainment Company, that is the name Liu Xiaobao registered for his company.

However, the company is currently just a shell, with no actual office space and no signed artists.

But Liu Xiaobao wasn't in a hurry, because he knew that Hong Kong's film industry would make a lot of money before the 1997 handover.

Therefore, as long as he raises enough funds sooner, he can come to Hong Kong's film industry at any time and get a share of the pie.

After finishing his business, Liu Xiaobao didn't rush back to Pujiang.

Since it's a rare opportunity to come to Hong Kong, especially Hong Kong before 1997, Liu Xiaobao naturally wants to take a stroll around and bring back some gifts for everyone.

What Liu Xiaobao didn't expect was that his whim would lead him to a chance encounter with a 'goddess'.

When Liu Xiaobao arrived at Causeway Bay Shopping Center, he had just entered the gate when a beautiful figure bumped into his arms.