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Chapter 217 Shock, the Sky Collapsed

Cui Yongyuan posted the photos directly on her Weibo account.

The entire public opinion was instantly stirred up!

"The entertainment industry deserves to be reformed long ago for daring to speak the truth and expose wrongdoing!"

"Earn the most money, pay the least taxes!!"

......

Many netizens were furious and left comments on this Weibo post.

The related topic has already climbed into the top ten of the list!

In less than half an hour, Hua Yi and the others had no time to react.

The studio was the first to stand up and refute the rumors, but unfortunately, many netizens no longer believe it.

But this is just the beginning!

Then, a staff member from a film crew revealed an actor's contract.

Although this actor is not a top star, it is still quite a stir to have him exposed at this critical juncture.

Most importantly, this actor is a contracted artist with Huayi Brothers!

Suddenly, some public opinion shifted towards Huayi, suggesting that perhaps all the artists under Huayi are similar.

This has even sparked further speculation among netizens about celebrities in the entertainment industry.

Anyone would have some thoughts about such a huge profit, regardless of who they are.

Instantly, many netizens expressed their anger, and it was all directed at Huayi!

Many netizens are unaware that this crew member was arranged by Chen Jingyuan.

Simply exposing the dual contracts would not be enough to target Huayi.

However, with this new direction, things are completely different!

In addition, Huayi was once the leading company in the Chinese entertainment industry, and many artists have connections with Huayi.

Then, more celebrities were revealed!

Although they are not all artists from Huayi Brothers, they are related in some way.

The entire Weibo was buzzing with excitement. You should know that with Chen Jingyuan's encouragement, the impact of this incident was even greater than the original timeline being exposed.

Within just half a day, the authorities announced an audit of the tax system.

For many artists in the entertainment industry, it was no different than the sky falling down.

华艺

"How come Cui Yongyuan still has something like this?!"

"If I had known, I would have just made some promises instead. Who would have thought it would cause such a huge storm?"

"No matter what, the tax issues will definitely need to be addressed."

.....

It's impossible for the two brothers to say they didn't know about this.

After all, the production crew is also a beneficiary in this situation!

The production team definitely benefits from underreporting some actor salaries, which also reduces the overall production cost.

Profitability is also somewhat guaranteed, which can play a stabilizing role in the stock price.

The crux of the problem has now been revealed!

This incident has dealt a significant blow to Huayi, most notably the drop in its stock price.

Huayi's stock had already been declining for the past two years, and now it is about to experience another sharp drop.

This was quite a blow to the Wang brothers, Zhongjun and Zhongjun.

Fortunately, the two Wang brothers knew that anger was useless, and they needed to think about how to solve the problem.

The key is to express a good attitude; otherwise, it will be troublesome when the higher-ups take it seriously.

Whether Huayi is there or not makes little difference in the entertainment industry.

Especially now that Huayi itself is about to fall from its position as a top-tier company, it is relying entirely on its past achievements to stay afloat.

The problem is that if we can't get through this, the whole company might go under.

The two brothers were decisive enough to stop most of their current projects.

Keep only the ones you're confident about, explore different science fiction genres—there's bound to be one that suits you. Also, divert cash flow and proactively address some issues.

The two brothers had no idea that someone was targeting them!

The root of this matter lies with Cui Yongyuan, and Huayi is indeed in the wrong.

Even if you want to settle accounts, you have to wait for the tax turmoil to end.

Retaliation now will only escalate the situation, especially since Cui Yongyuan is no pushover.

It's not just Huayi Brothers; many entertainment companies have started to conduct self-examinations in this regard.

Even other entertainment companies cannot guarantee 100% that their artists will be tax-free.

Especially under this wave of turmoil, their company's stock price has also been greatly affected.

While it wasn't as dramatic as Huayi's loss of over 20 billion in a single day, it wasn't much better.

Some celebrities with guilty consciences began to look for ways to make amends.

It's quite obvious that after this incident escalated, they no longer dared to harbor any illusions.

However, this matter has little to do with Internet Capital Entertainment Company.

the reason is simple!

Internet capital is quite sensitive in terms of taxation.

Of course, this doesn't mean it won't have an impact on Tencent. Although Tencent Video and Tencent Pictures are not listed, some of Tencent's entertainment companies have still been significantly affected.

"Is the film and television industry facing an early winter?!"

Seeing the escalating controversy surrounding the dual contracts in Shenzhen, Chen Jingyuan murmured to himself.

The authorities had already strengthened the supervision of entertainment companies going public, and now the stock prices of many entertainment companies have basically halved.

This means that the expected valuation is lower, making financing more difficult.

Even many investors may feel that entering the market is not a good choice.

Without the inflow of funds, many projects will definitely be halted or cut in half.

This is undoubtedly a trend driven by the broader environment, and the film and television industry downturn was likely to arrive sooner than expected.

However, for Chen Jingyuan, it was not actually a bad thing.

The reason is simple: although the penguin system was affected, the impact was not that significant.

Because Tencent still has the funds to produce projects, its influence in the entertainment industry may actually increase.

After all, the competition among actors is definitely more intense!

The film and television industry downturn will intensify further in 20 years, and the role of capital investors will increase.

After all, quite a few ugly daughters of capitalists appeared later!

Chen Jingyuan remained noncommittal about the matter, knowing that it was bound to erupt sooner or later anyway.

He simply moved the timeline forward slightly and added a little fuel to the fire.

It doesn't have much to do with Lanco Entertainment either; my mother has never let her guard down when it comes to taxes.

This was the first red line set when the studio was established.

Chen Jingyuan would occasionally ask about this, which could also be seen as a reminder to his mother.

In the Lanco Company chat group, many people are currently discussing issues related to the contract.

Mainly because they are all in the entertainment industry, many inside stories from entertainment companies have been leaked.

For example, Jiang Qiumei mentioned her former employer, Guangxian, which is already conducting an internal investigation.

Lanco Entertainment currently only has a few artists, and Jiang Qiumei personally handles many things.

We can assure you that the artist is definitely not involved in any contractual issues!

Moreover, Lanco Entertainment Company actually only handled two projects.

This matter is unlikely to involve Lanco Entertainment, but it's still worth reminding them during this special time.

At least making a show of it is definitely necessary!

Chen Jingyuan nodded in approval after seeing the situation at Lan Ke Entertainment Company.

At this point, it's definitely better to avoid trouble.

Then he suddenly remembered something: he seemed to have indirectly caused trouble for Yang Mi.

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