My capital is quite large.

Startled by his father's hysterical roar, young CEO Wang shrank back.

Although he was still unconvinced and felt that his father was exaggerating, he still honestly told the truth:

"Dad... actually, you don't need a discount."

"The latest valuation given to us by investment banks last month is around three billion..."

"Three billion?"

Upon hearing this number, Old Wang's extremely tense nerves relaxed slightly.

Even if the 3 billion yuan investment is ultimately cut by investors, as long as they cash out and leave, they can recoup 1 to 2 billion yuan in cash. This would not only protect their son's wealth but also provide Wanda with some breathing room to mitigate its debt burden.

"Thirty billion is good... thirty billion is great!"

Old Wang leaned back on the sofa, feeling somewhat exhausted, and sighed while rubbing his temples.

"Fortunately, it didn't turn into a major disaster."

"It's not too late to cash out at the peak, it's not too late..."

however.

Old Wang, who was leaning back on the sofa with his eyes closed in relief, could never have imagined this.

The eldest son in front of him, whom he had spoiled since childhood, actually lied to him!

……

Looking at his father's tired and aged face, young Wang lowered his head, a rebellious glint in his eyes!

He desperately wanted to prove himself!

He has lived in the shadow of Wan Da's son and the son of the richest man since childhood. Every time the outside world mentions him, it is with a kind of ridicule that he "relies on his father".

His involvement in esports, live streaming, and pontificating on Weibo—all his arrogance and domineering behavior, in the final analysis, was nothing more than an attempt to prove something to his father, who had been powerful his entire life:

I, Wang Sichong, am not a good-for-nothing who relies on my father!

Now that Wanda is facing a crisis, seeing his father's hair turn white with worry, he feels heartache, but also a passionate fantasy arises within him—

I want to rely on my own abilities to make Panda TV bigger and stronger!

I want to make a fortune of 10 billion yuan in this booming market, and like a savior, pull my father out of the abyss during Wanda's most critical moment!

Therefore, half a month ago.

When Zhou Hongyi from 360 approached them with a financing intention of 500 million yuan.

In order to secure this funding and to inflate the valuation...

The arrogant young CEO, without revealing a single word to his father,...

He signed his name on a contract with stringent performance-based and risk-reward clauses!

Not only that.

He even signed a legally binding personal unlimited joint and several liability guarantee on the last page of the contract!

This means that if Panda TV collapses, becomes insolvent, or is unable to go public on schedule...

This enormous debt, amounting to billions, will be fully covered by Wang Sichong's personal assets!

But from Mr. Wang's perspective at this moment...

My dad's thinking is long behind the ever-changing internet age!

"What does this old man know about live streaming? Does he think doing business is still the same old land grabbing and building scheme?"

Xiao Wang thought to himself with disdain:

"So what if Li Feng raises the licensing fee to 100 million next year?!"

"Panda TV just raised 500 million yuan in cash! I can afford that!"

"Once Nasdaq goes public next year, this platform will be worth tens of billions!"

"Then I'll see who dares to say I'm a good-for-nothing who only relies on his father!!!"

……

This is a common problem that almost all second-generation rich kids cannot get rid of.

They enjoy the resources laid down by their parents, yet they take it for granted that their meteoric rise is entirely due to their own efforts.

Looking at their parents' conservatism and caution, they only feel that the older generation's thinking is outdated.

They were always convinced in their hearts that their father had simply gotten lucky with the times.

If I had been in the right place at the right time, I could have done much better and more successful than my father!

They wouldn't listen to any advice, nor could they see the abyss beneath the calm surface.

however.

The cruelty of the business world never changes according to the will of the young masters.

Just as the ancient proverb says:

Teaching one another is useless; a hundred words are useless if one cannot teach another.

Practice teaches you a lesson; even if you get hurt and bleed, you'll learn it in one go!

......

The online uproar intensified amid a series of credible and fabricated whistleblower reports and heated online debates.

Teacher Cui was like a warrior who was willing to burn himself to pieces, clinging to that dual contract and refusing to let go.

Backed by various capital sources, Fan Xiaopang's team, despite appearing extremely tough in their public relations statement and vowing to pursue the matter to the end.

But with hundreds of millions of netizens scrutinizing her with magnifying glasses, it's clear to everyone that this former "queen of the wealthy" has fallen into disarray.

With the intervention of tax authorities, it's as if a storm is brewing.

However, this happened on the eve of a storm that kept most of the entertainment industry up all night.

Inside the Haofeng Group headquarters building in Xianlin Science and Technology City, Jinling, a completely different scene unfolds.

In the conference room of the film and television department on the middle floor of the building.

Stacks of financial statements and tax invoices, each bearing the scent of ink from different years, were neatly arranged on the table.

Under the unified coordination of CFO Gao Huai and the Group's Supervision Department, a special tax investigation targeting Haofeng Film and Television Department since its establishment has just come to an end.

"Investigate back eight years!"

Starting from 2008, when Li Feng founded Haofeng Film & Television and invested in "iPartment", "Lurking" and "Meteor Shower".

For a full eight years, the Haofeng Group has been responsible for all the income of more than forty male and female artists who have been signed, affiliated with, or collaborated with the group. This includes all their film and television fees, endorsement fees, and commercial performance revenue sharing, along with the withholding and payment receipts for their personal income tax.

The entire audit team, drawn from the Big Four accounting firms, thoroughly examined every single item!

The results of the investigation were nothing short of miraculous.

All of the company's more than forty contracted artists have paid their taxes in full without exception.

The accounts are clear, standardized, and without any legal flaws!

However, even with perfectly clean accounts, a closed-door internal warning meeting was still held promptly at 2 p.m.

Han, the director of the film and television department, sat in the main seat with a serious expression.

His gaze swept across both sides of the conference table, and those present were all male artists under Haofeng Film and Television:

Yang Yang, Zhang Ruoyun, Chen Xiao, Lu Ha, and Chicken Bro, who had just debuted as part of a group.

Old Han's voice wasn't loud, but it carried a chill:

"You've all seen what's been going on with Fan Xiaopang lately, haven't you?"

"I called you guys over today for just one reason!"

"Pay the taxes you owe, and don't sleep if you shouldn't... Don't sleep!!"