When Yuanyuan looked up and looked over.

Zhang Xue continued, "There's also the 'New World' project, so this year should be a breakout year for Dongsheng Pictures. The valuation difference of a company is not eight to fifteen times the annual interest rate. This is a traditional industry. The film and television industry is generally fifteen to thirty times. You can calculate for yourself how high Dongsheng Pictures' market value will be after it goes public."

Zhao Liyuan frowned slightly.

"If the total box office of 'Letters to Grandma' stops at 1.5 billion, it will have a net profit of about 600 million. Fifteen times that would be 9 billion..."

"That's not even two or three hundred billion!"

Zhao Liyuan spoke.

"Have you forgotten about 'Extreme Job,' which was released on the first day of the Lunar New Year!?"

Zhang Xue pointed out, "Dongsheng Pictures also made a net profit of over 500 million from this film, which brings the valuation to 7.5 billion. There are also Dongsheng Pictures' other films released in August: 'Love is Not Blind' and 'Fong Sai-yuk,' as well as the comedy starring the main cast of 'Unexpected.' Even if all three projects lose money, it won't significantly impact the valuation. But if one of them performs even slightly well, it will add another 1 to 2 billion to the valuation. That's roughly 18 to 19 billion! And for a company like Dongsheng Pictures with zero debt and excellent operations, the valuation could easily be set at 20 to 25 times earnings."

Zhao Liyuan is not going to say anything more.

But after thinking about it, she continued eating her breakfast.

Because Dongsheng Pictures' market value will be relatively high after its listing, this matter does not require analysis from agents. Xu Ying and Ren Dong had mentioned it before. Zhang Xue then told them what she had heard: "Huang Min has started to spin off the animation department. Su Qing, the general manager of Dongsheng Pictures, has contacted a real estate agent and seems to be planning to buy a separate office building to be used by the animation department for animation production."

"Buy a property?"

Zhao Liyuan was somewhat surprised.

"You don't need to buy one that's too big."

Zhang Xue explained, "It's about the same size as the office building where Dongsheng Pictures is located now. That's normal. When you don't have money, you naturally only think about renting. But Dongsheng Pictures isn't short of money now. Huang Min is reluctant to part with office buildings worth hundreds of millions or even billions, but tens of millions or one or two hundred million is no problem. Especially now, commercial office buildings aren't expensive. You can buy a large office building with a decent location for over 100 million. Not to mention two or three hundred million, you can choose a multi-story building in a better location. Renting someone else's place is not as cost-effective as buying it yourself. Moreover, after going public, Dongsheng Pictures will inevitably undergo an expansion and sign new people, so it's good to spin off the animation department first. In case the landlord of Dongsheng Pictures chooses to raise the rent, Huang Min can just move out."

After thinking for a moment, Zhao Liyuan asked, "How are the Demon Slayer manga sales?"

"The first volume was just average, but the sales of the second volume have been rising steadily. It sold over 300,000 copies recently. I heard that the animation adaptation of this comic book has already started production. After it was spun off from Dong Sheng Film Studio, I estimate that Huang Min will continue to recruit animation production staff to speed up the production of this animation."

Zhang Xue had no idea what the specifics were; she could only speculate based on rumors circulating in the entertainment industry about Dongsheng Pictures.

If Yuanyuan really wanted to know, it would be very simple. She could just go to Huang Min's house when he was home and ask him, or send him a message and he would know. While they were talking, she could also do some other interesting things.

However, judging from Huang Min's decision to separate the animation department from Dong Sheng Pictures and start a new company, this guy has great ambitions and seems to be very optimistic about the development of the animation industry. He also has great confidence in the two animations produced by his company, "Boonie Bears" and "Demon Slayer".

Has Demon Slayer started production yet?

Zhao Liyuan asked.

She really didn't know about this matter. However, Zhao Liyuan knew more about "Boonie Bears." It had already aired seventy or eighty episodes, but judging from the number of views per episode, although there had been a slight increase, Zhao Liyuan heard that Dongsheng Pictures had been producing it at a loss. Simply put, this animation, which aired last year, had not brought Dongsheng Pictures a single penny of revenue in almost a year.

"It's been a while."

Zhang Xue replied, "It seems Huang Min has allocated a fairly high production fee for this animation. You can ask him in person when he comes over. However, once the animation department is completely spun off, Huang Min will definitely withdraw some of Dong Sheng Pictures' current cash reserves into this new company. But that's normal. Before the company goes public, Huang Min still calls the shots at Dong Sheng Pictures, but..."

:

While eating breakfast, Zhang Xue looked up at her daughter Yuanyuan and said, "I have a feeling that the reason Huang Min went to such lengths to spin off the animation department is because he really values ​​the two animation projects his company produces. You might not understand animation very well, but I do. It doesn't rely on early success, but once a project becomes a hit, it can bring in a steady stream of revenue for the company. This revenue cycle can last for decades. I guess Huang Min is also looking at this. I saw something the other day... Oh right, it was an animation produced in 1940 from abroad. Until last year, the licensing of that animation project still brought in millions of dollars in revenue for the company. That's almost eighty or ninety years ago. Just think about how much revenue that has accumulated over such a long period. So... take my advice, since you've already had one, have another one."

Zhao Liyuan seemed not to hear anything. After finishing breakfast, she carried her son and walked out of the living room on the first floor.

Huang Mindu already dislikes her, how can they have a baby?

Besides, Zhao Liyuan was also reluctant. Last year was last year, but now... especially given Huang Min's connection with Xu Ying, if she were to get involved with Huang Min again, it would be like stealing her best friend Xu Ying's boyfriend.

Although Xu Ying's wall had been dug up repeatedly, and even collapsed once yesterday, her unborn child was still there! With these two children, it meant that even if the wall collapsed again, her best friend was willing to make do and continue living there.

It was still early morning, maybe a little past seven, but after walking around the yard with her son and not seeing any cars coming from the west, Zhao Liyuan guessed that Huang Min must have already gone to the film set. So she took her son back to the living room. It was still too hot outside. In this weather, whether you were filming or acting, you would suffer.

Inside a private hospital.

Xu Ying, dressed in a long black dress, shook hands with a female doctor and said, "Then I'll leave it to you."

"It's a small matter."

The female doctor smiled and said, "But let's make this clear first, I can help you with this, but only if you say you'll give birth no matter what. If you have any ideas about preferring sons to daughters, even if we have a good relationship, I won't help you with this. You know, I don't want to get involved in any karma."

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