Huayu Entertainment: Rising Since 1998

Chapter 143: With a net worth exceeding 100 million, he purchased shares in NetEase.

Chapter 143: With a net worth exceeding one billion, he purchased shares in NetEase.

Zhou Yan's copyright fees also rose sharply with the explosive popularity of "The World's Number One".

Several film and television companies are seeking cooperation.

At this point, the role of [Nanhua Culture] Film and Television Company becomes apparent.

[Nanhua Culture] Film and Television Company has begun negotiations with various companies to strive for higher profits.

Ultimately, Zhouyi Film & Television acquired the film and television adaptation rights to "Shuiyue Dongtian" and "Lingjing Chuanqi".

Zhouyi Film & Television promises to give priority to using artists from [Nanhua Film & Television] and guarantee at least one leading role.

The main characters in "Water Moon Cave" are four: the three brothers Tong Bo, Tong Zhan, and Tong Xin, and Yin Zhong.

There are two female leads, Dou Dou and Yin Tianxue.

Other characters also had a fair amount of screen time, but it paled in comparison to these few.

Zhou Yan didn't pay much attention to these matters, but instead left them to his subordinates to handle.

It's not that he doesn't want to pay attention, it's that he doesn't have the time.

Zhou Yan focused his main energy on the Spring Festival Gala.

-

He wants to record "Gong Xi Fa Cai" as soon as possible and then submit it to the program team for review.

Only those who pass the review can proceed to the next round.

Zhou Yan has been busy recording "Gong Xi Fa Cai" lately.

"My Sassy Girl" is becoming increasingly popular and its influence is growing.

The online discussion remains high.

Pirated DVDs of "My Sassy Girl" are selling like hotcakes.

In addition, the copyright holder of "Meteor Garden" has reached a cooperation agreement with a mainland Chinese television station.

It will officially launch in mainland China next month.

Many people are eagerly waiting.

Zhou Yan's two songs, "Tianxia" and "Mingyue Tianya," sold very well.

Pirated discs and tapes soon appeared on the market.

Zhou Yan has gained another title: singer.

Zhou Yan's royalties for 2001 were also officially announced.

In 2001, Zhou Yan earned over 100 million yuan from book sales alone, and he is now a true billionaire.

The cash amount exceeds 300 million.

This includes actor salaries, GG endorsements, revenue from [Nanhua Film & Television], and copyright sales revenue from [Nanhua Culture] film and television company —

Zhou Yan is like a money-sucking monster, constantly creating wealth.

When people have money, they think about investing.

The same applies to Zhou Yan.

Zhou Yan has over 300 million yuan in cash alone, not including the equity value of companies such as Nanhua Film & Television, Tencent, and Nanhua Culture.

If all the assets are added together, Zhou Yan's net worth is undoubtedly over one billion.

Zhou Yan, having money in his hands, naturally thought about "making money from money."

So he planned three routes for himself.

The first path is industry; industry is the foundation for national prosperity.

Real industries are those businesses that can be seen and touched.

Zhou Yan plans to invest in real estate and clothing companies.

Investing in real estate does not mean developing real estate; there are many complexities involved.

One wrong move and you're doomed.

He doesn't intend to touch it.

His investment strategy was simple: buying property.

Buying houses like crazy.

Especially in places like Kyoto, Shanghai, Guangzhou, and Shenzhen.

With housing prices remaining high in the future, it's a sure-fire way to make money.

As for the clothing business, he plans to invest in his hometown.

Returning home in wealth and honor is like wearing brocade at night.

Maintaining good relations with one's hometown is essential.

Even if something happens in the future, with the support of our hometown, we can get through it smoothly.

The second path is the Internet.

This is what Zhou Yan has been doing.

Penguin is the first.

Zhou Yan then chose NetEase as his second investment target.

On June 30, 2000, NetEase went public on NASDAQ.

NetEase's IPO timing was very bad, almost perfectly coinciding with the bursting of the internet bubble.

自2000年3月开始到2002年10月为止,31个月的时间,纳斯达克的网际网路公司一共蒸发了约5万亿美元市值。

NetEase's IPO price was $15.5 per share, and the highest price on the first day of listing was $17.25. By May 2001, in less than a year, the stock price had plummeted to only $1.8 per share, a drop of up to 90%.

In 2002, NetEase's stock price plummeted from $15.5 to $0.48, with a market value of less than $2000 million. It was also accused of financial fraud and was on the verge of delisting.

Also in that year, Duan Yongping discovered that NetEase had $2 in cash per share, but its stock price was only $0.8. The company's cash was higher than its market value, indicating that it was clearly undervalued.

He decided to take action after confirming that the financial issues stemmed from differences in accounting standards.

At the time, NetEase was transforming into an online game company. Duan Yongping, based on his experience in the game industry, recognized the potential of "Westward Journey 2" after testing it.

In April of the same year, Duan Yongping spent $2 million to buy 205 million shares at an average price of $1 per share.

He held the shares for 8 to 9 years, selling them at $30-$35, making over 100 times his initial investment. Later, he regretted selling too early, believing that if he had held them at a higher price, his returns could have been a thousand times greater.

Zhou Yan plans to make a move ahead of schedule and purchase shares of NetEase.

$200 million isn't much for him, it's just a bit of a hassle.

In addition to NetEase, Zhou Yan also plans to establish his own internet company, Nanhua Network Technology Co., Ltd., to formally enter the internet field and build a film and television industry chain.

Novel websites generate IP addresses.

The film and television company is responsible for filming and production.

The video website is responsible for playing the video.

Weibo is responsible for publicity.

This is an extremely important part of his business empire.

Of course, you have to eat one bite at a time.

Taking too big a step can easily lead to trouble.

To become the next "Jia Yueting".

His third path—film and television investment—is his core business.

It is also a testament to Zhou Yan's journey.

So he doesn't intend to give up.

After Zhou Yan finished recording "Gong Xi Fa Cai" (Wishing You Prosperity), he handed it over to the Spring Festival Gala review team.

The main focus is on ensuring quality and eliminating prohibited words or other inappropriate content.

Zhou Yan's song is full of blessings, and the content is absolutely wonderful.

Therefore, the initial review was passed quickly.

In addition to the initial review, there are three other stages: a second review (with a rehearsal test with an audience) and a final review (final confirmation by the leaders of the Central Radio and Television Station).

After receiving the news that her application had been approved, Zhou Yan seized the time to practice her singing skills.

Even last-minute preparation can be effective.

Zhou Yan consulted her teachers at the Central Conservatory of Music on breathing techniques and other methods to improve her singing skills.

At the end of January, Zhou Yan's third company, Nanhua Network Technology Co., Ltd., passed the review of the Administration for Industry and Commerce and obtained a business license.

Zhou Yan took time to prepare for the new company.

However, this cannot be rushed; proper preparation is needed.

In early February, Zhou Yan received a call from a Spring Festival Gala staff member, inviting him to conduct a review.

Zhou Yan drove to CCTV.

The backstage area of ​​CCTV's studio was bustling with activity at that time, with many big names gathered there.

Zhou Yan met many familiar figures here.

We also met with hosts such as Ni Ping, Zhu Jun, Zhou Tao, and Li Yong, as well as teachers Feng Gong, Zhao Benshan, and Fan Wei.

.——

So many celebrities gathered together, all of them leaders in their respective fields.

Zhou Yan prepared a camera in advance, intending to follow the celebrities from her previous life.

"Hello, Teacher Song, I'm Zhou Yan," Zhou Yan greeted her proactively, adopting a humble posture.

He's a junior in the entertainment industry, so it's better for him to keep a low profile.

This has nothing to do with money.

"Hello," Teacher Song said, turning around at the sound of the voice. Her eyes lit up. "I've known you for a week, right?"

"It's me," Zhou Yan nodded hurriedly.

"Berlin Film Festival Best Actor, that's impressive." Teacher Song gave a thumbs up.

Zhou Yan gained domestic fame because of his title as "Berlin Film Festival Best Actor".

Many people don't recognize characters like A-Fei from "Little Li Flying Dagger".

"Teacher Song, you're too kind! Can I take a picture with you?"

"Of course," said Teacher Song with grace and confidence.

Zhou Yan was overjoyed.

"Brother, take a picture for me," Zhou Yan said without looking closely at who the other person was, and simply handed the camera to him.

"Just press this button," Zhou Yan instructed the other person on how to use the camera.

"Okay," the man nodded.

"Holy crap," Zhou Yan exclaimed, startled when he saw who was taking the picture.

A

glorywang

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like