Life in the Light and Shadow of Chinese Entertainment

Chapter 0030 A Heart Free of Burdens, a World Wide Open

The main reason for Xunhu's strong entry into the market this time is the chain reaction brought about by Wu Yang, the butterfly that traveled through time, flapping its wings.

Xunhu went public in the US as early as 2000, and its stock market performance has remained very stable over the years.

However, with Huayi's listing, especially with Wu Yang's joining, Huayi's stock market took off.

From the outside perspective, Huayi's soaring stock price has little to do with Wu Yang, even the Huayi executives who have become complacent.

They also believe that Wu Yang's addition was merely icing on the cake.

Only a few people knew that without the series of positive news brought by Wu Yang, even if Huayi's stock price could break through the 100 yuan mark, it wouldn't have happened so quickly!

In addition, the box office success of "Avatar" has led to the global recognition of China as the world's second-largest box office market.

This led Mr. Zhang to make up his mind to form a powerful alliance with Huayi.

Of course, this was also at the behest of Xunhu's major American shareholders.

In this acquisition, Xunhu originally only acquired 1085.8 million shares from three celebrity shareholders, namely Jiangnan Village, Lu Wei, and Yu Feng, second only to the 1382.4 million shares held by Da Ma Zong.

No one from the Huayi Group touched it, in order to dispel the concerns of the two CEOs, Wang and Wang, and to show that Xunhu was only optimistic about investing, not about acquiring Huayi.

Unexpectedly, yesterday, this executive, at a gathering with Feng Kuzi and Xiao Wang, intended to simply go along with the conversation and flatter them.

But as they talked, somehow the conversation turned to Wu Yang and Liu Yifei, and then the drunken Feng Kuzi started complaining.

Then he started cursing and got angrier and angrier, while Mr. Wang didn't say anything at first, but later he seemed to lose his temper.

They joined in the criticism, but the Xunhu executives didn't know the two men and had never worked with them. They could only echo their sentiments but couldn't truly empathize with them.

He simply said that if things didn't work out, they would acquire the shares held by the two of them, kick them out of Huayi Group, and then find another opportunity to deal with them.

It was just a drunken joke, but Feng Kuzi and Xiao Wang took it to heart.

The next morning, as soon as the executive arrived at the company, he received a call from Xiao Wang, inviting him to a banquet and preparing a transfer agreement to acquire the personal shares held by Wu Yang and Liu Yifei.

The executive quickly consulted with General Manager Zhang and, after receiving a clear answer, brought the share transfer agreement to the banquet.

He was even more surprised that this internationally renowned director, who was known for rarely attending celebrity banquets, would...

So easy to talk to! The king only needed to say one word and Wu Yang agreed on the spot.

In fact, recently, following that Malaysian businessman, they have begun to cash out on a small scale.

Wu Yang was just worried about not having a legitimate reason when Feng Kuzi unexpectedly provided an assist.

Moreover, it was a powerful assist that allowed them to cash out and leave the market with a 10% premium.

With Huayi's current share price of 105 yuan, adding 10% would bring the price to 115.5 yuan.

Therefore, Wu Yang cashed out 3.465 million yuan from the 300 million shares he held.

The 100 million shares held by Liu Yifei are worth 1.115 million yuan.

Because Liu Yifei was attending a commercial event in Tianjin, she was unable to sign the agreement now; only Wu Yang signed a letter of intent.

Wu Yang initially purchased 800 million shares of a film, while Liu Yifei exchanged 300 million in cash for the shares.

In just one and a half years, he amassed 4.58 million yuan in cash, even after deducting 20% ​​personal income tax.

There is still a revenue of 3.664 million, which, when divided by the investment of 1100 million, results in a return of more than 333 times!

As for losing Huayi's protection, Wu Yang was not worried at all.

Don't forget that China Film Group was involved in all of Wu Yang's domestically produced films, and they accounted for the majority of the revenue.

Most importantly, Wu Yang is now fully capable and has several alternative collaborators besides Huayi.

At the banquets I used to attend, whenever I encountered the glamorous Mr. Wang or Mr. Yu from Berna, I would always find them presentable.

Both of them would chat with Wu Yang in a friendly manner, all for the chance to get on the bus!

While it may seem that Wu Yang has been kicked out by Huayi and lost face, it has inadvertently relieved him of a huge burden.

In the future, we can definitely collaborate with Guangxian or Berna, and our interests will not be harmed.

On the contrary, they can form alliances and have more freedom in terms of creation, film selection, and casting!

After the stock price broke through the 100 yuan mark, Huayi's senior management, especially the two CEOs Wang, became extremely arrogant.

Now that it no longer has its own boost, if the stock price plummets due to the box office failure of "1942" in the future.

If the CEO makes another brainless statement about the "de-filmization" strategy, Huayi Brothers will completely lose its market competitiveness!

Add to that Yu Dong's brainless decision to list the company in the US, and the fact that most of the films produced by Bernard are outdated Hong Kong films.

It only occupies a small share of the domestic market and has no influence abroad.

Bernard's stock price remained at its lowest point. Later, Yu Dong delisted from the US stock market and then wanted to list it in China.

However, things didn't go smoothly time and time again. On the contrary, with the help of two stupid business partners, Korea was able to achieve its goals.

It's unbelievable that it became the first listed company in the Chinese entertainment industry; it's like a windfall!

Yesterday, Tian Yusheng volunteered to join the team, and today Feng Xiaogang provided a crucial assist, making it a double celebration!

After exchanging phone numbers with Xunhu executives, Wu Yang left before the banquet ended.

Wu Yang didn't want to see Feng Kuzi's smug face, and he was even more disgusted by the hypocritical manner of the two Wangs.

The moment Wu Yang stepped out of the hotel, he felt a sense of peace and freedom!

Sitting in the back seat, I called Liu Yifei, but Taozi answered.

Wu Yang asked Taozi and learned about Liu Yifei's itinerary for the next four days.

After careful consideration, it was decided that three days later, Pang Hai and Zhao Xiaoguang would take them to Shanghai to meet up with Liu Yifei.

After signing the share transfer agreement, he could spend a day in Shanghai with Liu Yifei, and then fly directly from Shanghai to Los Angeles.

……

"The Godfather learned from Mom that we cashed out our Huayi shares. He wants to meet you tomorrow, probably about money. You can refuse if it's difficult for you."

Liu Yifei lay in Wu Yang's arms, her cheeks flushed and her eyes slightly unfocused.

This morning in the dressing room at the event, Wu Yang and Liu Yifei spoke with that Xunhu executive on the spot.

The share transfer agreement was signed, and within ten minutes, cash was deposited into the two people's designated accounts.

Since this is a personal share transfer and does not involve a company, only personal income tax needs to be paid.

Because of the large sum of money transferred in, the bank not only called to inquire about the source of the funds, but also sent a text message to remind them of the remaining balance.

Wu Yang checked the balance in front of Liu Yifei. Including the 3.465 million yuan that had just been deposited, Wu Yang's total balance was more than 3.9 million yuan.

Of course, this includes a deduction of 6930 million yuan in personal income tax. So, excluding real estate, Wu Yang's cash holdings amounted to approximately 3.3 million yuan.

The 3.3 million in 2010 was in cash, which shows strong purchasing power!

Liu Yifei, this young heiress, has a bank balance of 1.3 million yuan. Even after deducting 2310 yuan in personal income tax, she still has more than 1 million yuan in cash.

The two of them have a combined cash balance of a staggering 4.3 million yuan. Peach went out to give gifts to the executives of Xunhu.

Liu's mother was present the whole time and naturally saw the balances of the two of them.

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