Life in the Light and Shadow of Chinese Entertainment
Chapter 0051 Encountering Six 1s in One Year
On July 18, at the invitation of the Malaysian President, Wu Yang took Liu Yifei to Hangzhou for a banquet.
On November 11, 2009, "A Little Thing Called First Love" was released, and at that time, it joined forces with Cat Factory to promote "Singles' Day".
This was a small test, but it successfully made a mark on consumers' minds regarding this shopping festival.
On Singles' Day in 2010, Wu Yang did not have a movie released, so Cat Factory chose a movie to collaborate on.
The result was far from ideal, mainly because the film's quality was poor and it failed to provide positive publicity for the production company.
Everyone who went into the movie theater ended up leaving in a huff, indirectly causing Cat Factory's reputation to decline among many moviegoers.
Although it didn't have much impact on the final transaction volume, it still became a thorn in the side of the Malaysian CEO.
This year's Singles' Day is a once-in-a-millennium event with six "ones".
That is, November 11, 2011.
This time, the Malaysian general manager wanted to make a big move, so I heard that Wu Yang took Liu Yifei on a domestic trip.
They invited the two to Hangzhou to discuss a collaborative promotional plan for the film.
The three of them sat together and actually had a lot in common, such as the fact that they were all shareholders of Huayi.
Regardless of how they cash out and leave, whether it's dignified or not, they'll all make a fortune on the Huayi stock ship!
Huayi's stock market is currently in a tug-of-war.
The two Wangs no longer had the energy to smear Wu Yang and Liu Yifei, and even Feng Kuzi has been much more well-behaved lately.
Because Xunhu has already revealed its hand, without any intervention from powerful figures.
After Mr. Zhang's negotiations with Mr. Wang failed, Xunhu began acquiring scattered shares on the secondary market at high prices.
Now, it has become the second largest shareholder in name and in fact, and is able to participate in the operation and decision-making of Huayi.
Although they don't have the same power as the chairman, they still carry considerable weight.
Moreover, Xunhu already holds 49% of the shares, and if it increases by another 2%, it will become the largest shareholder.
Mr. Wang, who has been tightening his belt lately, doesn't dare to cash out even if he could, for fear of being robbed!
On the contrary, Little Wang managed to get into the board of directors and spends his days arguing with the directors of Xunhu, finding endless fun in fighting with others!
Both are regional warlords, and if they are not stopped by others, they are now in a difficult position.
First, there's Xunhu. They spent over 38 billion yuan to acquire a 49% stake, so they can't possibly sell it off cheaply.
After all, investments involve returns, and if losses are incurred due to holding onto shares, the blame will fall on Mr. Zhang.
Although initially, several American shareholders wanted to take advantage of the situation to gain control of Huayi.
Secondly, there's Huayi, although both CEO Wang and CEO Wang have cashed out a lot of money since the company went public.
However, it did not break the 10 billion mark, and at the time, in order to ensure its position as the largest shareholder, it did not.
The eldest son, Mr. Wang, also used cash to buy back all the shares held by the youngest son, Mr. Wang.
Although it was a simple transfer from one hand to the other, it still instantly emptied Boss Wang's pockets.
Even including Xiao Wang, the two of them couldn't come up with 40 billion to repurchase Xunhu's shares.
Unless he cashes out his shares, but Mr. Wang doesn't dare to do so, for fear that Xunhu will take the opportunity to acquire him.
Xunhu didn't dare to cash out easily, for fear of losing its bargaining power if it reduced its shareholding.
So both sides are now in check, neither daring to cash out easily, and instead are raising prices to acquire more than 200 million scattered shares in the secondary market.
The bidding war between Huayu and Xunhu actually helped push the stock price back up to the NT$75 mark.
While it appears to have recovered, financial news outlets are not optimistic.
They even advised those stubborn kids to grab their buckets and run while the stock price is high!
Including Wu Yang and Liu Yifei, there are actually several other celebrities in Malaysia who cashed out and left at the peak of the stock price.
However, Mr. Ma's persuasive skills far surpassed Uncle Zhao's. After bringing up this topic, he resonated with Wu Yang and Liu Yifei, and then launched a series of attacks.
Wu Yang, a complete novice in business, signed a cooperation agreement with Cat Factory for this year's Singles' Day in a daze.
Despite being a time traveler, Wu Yang was still far too naive compared to these seasoned veterans.
Although they didn't suffer any losses and even received 1000 million yuan in naming rights sponsorship from Cat Factory, looking back, Cat Factory is now very wealthy. If they had been more cautious at the time, they might have been able to double the sponsorship rights.
There are also some additional benefits, such as Cat Factory preparing for an IPO, but in the US.
This was mentioned by Mr. Ma during our conversation just now; unfortunately, Wu Yang's business acumen is too poor.
We didn't continue the conversation on that topic. Afterwards, I remembered that Maoyan is also a super giant with a market capitalization of trillions of yuan!
If Wu Yang could acquire some shares, no matter how small, it would bring him substantial returns.
Although Wu Yang will not actively pursue the IPO of his studio, he will not turn down money.
Wu Yang has no aversion to taking advantage of others' opportunities to seek high-return investments for himself.
Since you've remembered it, let's find another opportunity. Wu Yang vaguely remembered that it would be several years before Cat Factory went public.
Wu Yang has enough time to plan ahead; now he needs to consider the film he will be working on with Cat Factory.
Wu Yang originally intended for Liu Yifei to take the lead role in the script written by Bao Jingjing, and also to test Liu Yifei's ability to carry the box office. He didn't expect her to surpass "One Finger Zen"; as long as the box office exceeded 3 million, it would establish Liu Yifei's appeal in the film market.
Since the goal was to test Liu Yifei's box office appeal, Wu Yang chose to remain an uninvolved producer, leaving the filming to Pei Le and the behind-the-scenes team.
However, the letter of intent signed with Cat Factory clearly stated two points: first, it must be a work directed by Wu Yang.
Secondly, Liu Yifei must play the female lead; otherwise, the 1000 million yuan title sponsorship fee will not be paid!
Wu Yang wouldn't turn down money, after all, he only had a few thousand yuan left in his pocket, and this 1000 million yuan wasn't an investment.
Instead, it can be categorized as their appearance fee, since the agreement stipulated that they must direct and act in the film.
Liu Yifei paid for all the expenses during the trip, which made Wu Yang feel like he was living off her.
Despite the facts, Wu Yang still wanted to earn more money.
Although the studio had money in its account, it had been reduced by 3% after paying various taxes.
If you withdraw the money again, you will have to pay personal income tax.
The equivalent of a 2000 million yuan after-tax balance was reduced to only 1600 million yuan after withdrawal.
Instead, we should keep the 2000 million in the studio's account and then use it for investment.
Actually, when Wu Yang first opened her studio, Beijing Film Academy could have helped her apply for a three-year tax exemption policy.
However, Wu Yang refused, as the film and television industry was able to develop only with the help of the state.
Moreover, those in the film and television industry already earn a lot, so it would be too unseemly for them to further exploit the government.
While many of his peers are losing money, Wu Yang has been making a fortune since his debut.
Therefore, Li Chunxia was specifically instructed not to evade taxes in any way and to pay the full amount of taxes every time.
Of course, they didn't neglect the development of the studio just to pay taxes; at least they listened to Li Chunxia's advice.
They are also using charity and vehicle purchases to offset taxes, and may purchase workplaces to offset taxes in the future.
The workshop now has an Iveco van that can seat 26 people, and two Audi A6s used as company vehicles.
Wu Yang's car is also an Audi A6, which was Wu Yang's favorite car model before he traveled through time!
The vehicles parked outside the studio were all purchased by the behind-the-scenes team.
After all, they had earned quite a bit over the past year by following Wu Yang.
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