205. The first brand I endorsed is about to go bankrupt!(1/2)
Chapter 207 205. The first endorsed brand is about to go bankrupt!
This is Wang Cheng's first time to visit the Rubik's Cube Entertainment headquarters, which is located in a prosperous area of Magic City's commercial area.
The news that Wang Cheng is coming to the company has also spread.
so.
When Wang Cheng got off the car and followed Shen Shenghui into the building, there were many people watching around.
after all……
As a legend in today’s entertainment industry, who wouldn’t want to come and see it?
What's more, after Wang Cheng returned to the Magic City from the Southern Guangdong Tomorrow Idol program group, he held four concerts in succession, directly igniting the city of Magic City.
It is not an exaggeration to say that Wang Cheng is the most popular figure in the Magic City right now!
He was discussed everywhere in the streets and alleys.
However, there are mixed reviews, with far more detractors than praise.
"Is that Wang Cheng?"
"Wearing a mask and a hat, I can't see clearly at all. I don't know if it looks as good as on TV."
"He is having a conflict with the company, is it true?"
"I heard that he came to the company today to sign an endorsement contract. It may be a big contract."
"I heard rumors that he has earned more than a billion in the past few months since his debut. In the four days since his concert, he has earned more than a billion for the company. It is like a super money printing machine!"
The employees of Rubik's Cube Entertainment Company were talking in low voices, and of course the staff of other companies in the building also came to watch curiously.
A young woman mustered up the courage to step forward and shout to Wang Cheng: "Hello Wang Cheng, I am your super loyal fan, can I take a photo with you?"
The young woman looked at Wang Cheng expectantly.
Many people around were ready to move when they saw this scene.
If Wang Cheng agrees...
They will all rush forward.
Until now, Wang Cheng has not publicly given autographs and photos to anyone. If they can get it and post it on social platforms, they will definitely become the focus of everyone's attention.
But.
As if Wang Cheng didn't see the other person at all, he walked directly past him, and then walked into the elevator with Shen Shenghui.
The young woman's face was full of embarrassment and sadness, and then she quickly disappeared into the crowd.
However, everyone's discussion did not stop.
"Sure enough, the rumor that Wang Cheng doesn't care about his fans at all is true."
"Young and young, he is so successful that he is almost reaching the sky. If he doesn't have fans to support him, what is he?"
"Hey, people said in the interview that he doesn't need fans. He releases songs and other people like them or not."
"I'm blind, I still want to grab tickets for tomorrow's concert to support him."
"Is there a concert tomorrow?"
"I don't know. I have a day off tomorrow and want to take a look. Several of my friends have gone to see it and said it is very exciting."
"I guess not tomorrow, Rubik's Cube Entertainment has not made any announcement."
"Is there something wrong with these people? They have concerts in the morning on weekdays and have weekends off?"
The chatter spread far among the crowd.
Wang Cheng had already followed Shen Shenghui upstairs and walked directly into an office.
There are already several people sitting in the office.
A middle-aged man opposite saw Wang Cheng come in, and quickly stood up and extended his hand to shake Wang Cheng's hand: "Hi, Wang Cheng, we finally meet. I am Hongxing's major shareholder, Liu Xing! I hope we can have a happy cooperation."
Wang Cheng hummed, stretched out his hand to shake the other person's hand, and it was instant. Then he sat down quietly and asked calmly: "Where is the contract?"
Shen Shenghui handed the folder in his hand to Wang Cheng: "This is the contract."
Wang Cheng took it over and looked at it carefully.
Opposite Liu Xing and several other company executives looked at each other in shock.
They have worked with many celebrity artists before, but it is rare for a celebrity artist to read the contract by himself. Basically, agents and professional lawyers help to check it, and then he can sign the contract in the end.
Rubik's Cube Entertainment has already read the contract and reviewed it with lawyers. Wang Cheng came here just to go through the process.
but……
Wang Cheng really read it word by line, page by page, and it didn't look like he was just pretending.
Liu Xing and Shen Shenghui both looked at Wang Cheng in surprise, and both wanted to ask - can you understand?
After all, Wang Cheng is only nineteen years old and has been a trainee since graduating from high school. Does he understand the terms of the contract? Does he understand the law?
However, few people asked.
No one dares to openly offend Wang Cheng here.
After two minutes, Shen Shenghui asked in a low voice: "Wang Cheng, do you want a lawyer to help you interpret it?"
Wang Cheng continued to look through it and said calmly: "No need!"
He dares to say that he knows better than the lawyer.
Because he personally drafted this kind of contract in his previous life, and even took the judicial examination because he played a role as a lawyer, and he got a serious lawyer's qualification certificate.
The legal provisions of China in this world are almost the same as in his memory.
After Wang Cheng said no, Shen Shenghui stopped talking and whispered to Liu Xing: "Mr. Liu, have you contacted all the advertising companies?"
Liu Xing quickly said: "Don't worry, Director Shen. I've already contacted him. He's an old friend of mine who promised to do me a favor. We've arrived in Shanghai and filming will start tomorrow. How are you preparing for Wang Cheng's work?"
Shen Shenghui shook his head and said, "I don't know. I'll find out later by asking Wang Cheng..."
Liu Xing frowned slightly and made worse plans, then sighed deeply, his eyes full of worry.
This time, he made a desperate move. If it failed and Wang Cheng's endorsement could not boost sales, he would go bankrupt and become a deadbeat.
After a while...
Liu Xing and Shen Shenghui were all drinking tea and looking at their mobile phones.
Wang Cheng suddenly looked at Liu Xing and asked: "Give me a 10% sales share? And is it permanent?"
Liu Xing was stunned for a moment, then nodded quickly and said: "Yes, our company wants to cooperate with you in a long-term and in-depth manner. This contract has expired and we hope to renew it, so we will give you a 10% sales share!"
He did not say that this part of the share was previously given to Rubik's Cube Entertainment, which could increase the possibility of successful cooperation.
Wang Cheng remained expressionless, but Liu Xing clenched his hands nervously.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Then, Wang Cheng asked again: "How much is your company worth now?"
Liu Xing smiled bitterly: "The overall value is about one billion!"
Wang Cheng: “Where is the debt?”
The atmosphere in the office became depressing and serious.
Both pairs of eyes looked at Wang Cheng. The contempt and doubts they had just lost were gone. The appearance and aura of this nineteen-year-old boy was like that of a big boss who had been successful in the business world for many years. He seemed to have an inside view of their transactions. ’s clear as day.
Liu Xing did not hide anything. These are all things that can be checked by the outside world. He replied: "The debt is about 900 million!"
Wang Cheng said calmly: "In other words, it is almost insolvent? How many years has it been losing money?"
Liu Xing's forehead was already dripping with sweat. He didn't dare to look at Wang Cheng's eyes. He felt tremendous pressure. He glanced at Shen Shenghui and saw that Shen Shenghui was also nervous. He still replied truthfully: "Loss of three year!”
Shen Shenghui smiled forcefully and said: "Wang Cheng, Mr. Liu's company is still powerful!"
Wang Cheng ignored Shen Shenghui and just continued to ask: "I read in the contract that you will pay 60 million a year, sign the contract for one and a half years, and pay all endorsement fees in one go, totaling 90 million. After paying this money , how much money do you have left for production and R&D?”
Liu Xing smiled bitterly again and replied: "I'm almost out of money..."
Wang Cheng nodded and asked firmly: "Your brand is called Hongxing?"
Liu Xing nodded affirmatively: "Yes, it's called Hongxing! I originally wanted to call it Hongxing, but it didn't pass, so I chose a homophonic name called Hongxing. I hope our brand can stand as long as our red flag!"
Wang Cheng was not interested in Liu Xing's story, but only had a preliminary understanding of it.
Although, he is not picky about endorsements, and it doesn’t matter what brand he is.
However, that doesn't mean that he wants to be kept in the dark and doesn't want to know anything.
After learning about the Hongxing brand, Wang Cheng took a closer look at the details of the contract.
Liu Xing and Shen Shenghui both looked at Wang Cheng nervously, fearing that Wang Cheng would reject the endorsement contract after learning about the strength and situation of Hongxing Company.
If Wang Cheng refuses, none of them can force Wang Cheng to sign the contract.
but!
Another half hour passed.
To be continued...