Chapter 40 Super British Online
October 14th.
Just yesterday, the first Super England movie was launched.
Yisheng Media Office Building.
Chairman's Office.
Li Xianyun was reading the report, and Su Haili walked over with a treadmill: "The box office of the Super British has come out, with a box office of 2.8 million on the first day."
"Well, let's make do." Li Xianyun was not very satisfied.
It's better not to have a legend in the Dragon Tomb.
You must know that the first part of the series must be started, so Li Xianyun chose the film of Dong Zixin with the highest quality.
But it seems that Dong Zixin is a little miserable this time and does not receive the positive reviews that Li Xianyun expects.
To be precise, it is the gap in expectations.
As a superhero series, everyone wants to watch superheroes, not love stories.
Dong Zixin did a good job in love, but her superhero performance was relatively average.
Li Xianyun found that he had also fallen into a misunderstanding - he could not measure the public by his own standards.
Li Xianyun said with a headache: "We should find the right person to do the right thing."
Su Haili smiled: "There is no time when everything goes right when running a business, sometimes it is better to make some mistakes. The film is generally profitable, and it is better to learn from insufficient expectations than to learn a lesson after a big problem."
"Are you comforting me?" Li Xianyun smiled.
Su Haili sat down opposite him: "I think it's time to prepare for a reorganization."
Hmm.
Su Haili has been to the company for a year. During this period, she has been managing the company with him and has basically learned about the situation of the company.
She should be confident that she said this now.
Li Xianyun said: "Is there a specific plan?"
Su Haili handed over a document: "I did it."
Li Xianyun looked through carefully.
Su Haili’s reorganization plan is roughly to divest Yisheng Media’s existing business.
In her plan, Yisheng Media should be a simple holding company with no business under its jurisdiction.
All businesses belong to the following subsidiaries and branches.
This is a common practice for many large enterprises. It mainly uses financial means to legally avoid taxes, control enterprises, and at the same time it is easy to manage and even distribute benefits.
For example, if a company wants to invest in Yisheng Media now, Li Xianyun basically cannot agree, because Yisheng Media has many businesses, large scale, and high future potential. Even if you can carry certain resources, it is not much worth it, and it is even more impossible for employees to hold shares because of this.
But after separation, it's different.
As a holding company, Yisheng Media basically does not release shares, but the following companies can consider diversifying their shares.
According to Su Haili's plan, Yisheng Media will establish Yisheng Film and Television to focus on film and television production; Yisheng's late stage, focusing on the late stage; Yisheng Ghost City Development Company is responsible for the ghost city; Yisheng's publicity and distribution are responsible for the general publicity; Yisheng's agent is responsible for the artist.
The companies are financially independent and collaborative, and there are also related equity incentives, financing plans, etc.
The details further down are the adjustments of each department.
The general direction is composed of countless details, otherwise it is a fantasy.
Su Haili's general direction was originally done according to Li Xianyun's intention, so there is basically no problem, and the problem is the details.
Gu Sheng
After reading this moment, Li Xianyun said, "It's not bad. Financial independence is necessary, but I don't recommend using the internal settlement system at this stage."
The problem with the internal settlement system is that it will increase costs. All transactions between subsidiaries must have clear account transactions, including invoices. Each invoice is issued, there will be corresponding tax expenses.
For example, Yi Sheng’s movies were originally made in the later stages of his own, and they were used by working people, so there was no need to pay settlement issues. Anyway, the boss arranged it to do whatever he did, as long as you don’t lose me when you were doing the bonus.
But once the film and television production and post-production are separated and a comprehensive internal settlement is implemented, then Yisheng Film and Television will have to settle normally with Yisheng's later stages. It is impossible for Yisheng to work for you casually. Even if you ask me to take a look, I will have to charge money!
For this settlement, invoices must be issued. Once invoices are issued, there will be taxes - although the overall profit of the enterprise will also have corresponding taxes, the tax on the overall profit can be reduced and exempted in other ways.
The taxes generated by normal transactions between companies cannot be reduced - China is a typical country with indirect tax as the main tax. The tax burden of enterprises is heavy. The more links of circulation and transactions, the higher the tax revenue, unless the link itself is used to reduce tax exemptions.
Not only that, Yi Sheng may even ignore your work in the later stages - he thinks you have a low price and tells you directly that I am too busy with work. You should find another company, so the profits are lost to others.
Finance is a big deal. Every time the money is running, it will generate corresponding taxes, and different directions have different tax points. In order to reduce taxes, enterprises also try their best to establish a name. Anyway, they will go wherever the tax points are lower.
Internal settlement will lead to internal competition and no longer support each other.
For this reason, internal settlement can easily lead to an increase in corporate costs.
Su Haili said: "But if each subsidiary wants to develop, it must clarify the expenditure and income in the future."
"I know, but our company has not yet reached that point, so there are some things that cannot be rushed." Li Xianyun said.
Different companies have different needs.
Internal settlement helps the subordinate companies operate independently and no longer blame each other. It is the choice for big bosses when they are too busy.
However, the set of large companies may not be suitable for small companies, and the principle is to change with the situation.
Li Xianyun said that my brother is very diligent and busy now, so there is no need to do this at this stage.
He said directly: "In addition, equity financing is a bit early now, so let's put this plan on the spot first, so there is no hurry for the time being."
Su Haili raised her eyebrows: "You can't bear to bear it?"
"No, they have to prove that they are worth the price." Li Xianyun replied, smiling slightly: "Don't worry, I see your work in my eyes, and you won't be missing."
Next, Li Xianyun found some questions and left them to Su Haili to rework.
A few days later, Li Xianyun received news from Li Cheng.
The 2.0 version of the central regulation software has been completed.
Li Xianyun tried it, well, it was much better than before, but there was still a lot of room for improvement.
So the people below wailed again, and the work flow changed all day long.
Although the company will not allocate equity for the time being, the equity negotiations in the ghost city are still in full swing.
Although Lan Yuan approved the valuation of 4 billion yuan, they are not without conditions.
During the negotiations, Li Xianyun also roughly understood Lan Yuan’s idea.
Of course, they don’t think that the ghost city is worth 4 billion now, and even if it has enough potential, it is impossible to recognize this price at this stage.
They still hope to take over all the projects of the entire ghost town development and construction.
If you become a major shareholder, these projects will be equivalent to all blue yuan, and the construction fee alone can be paid back a lot.
Li Xianyun has three words: disagree.
Now the additional 300 million projects planned for the second phase of the project, especially the civil engineering part, has been built by Yisheng. In this area alone, Yisheng Construction will have a profit of 50 million, and will be used in ghost town construction to reduce its own investment amount.
How could Li Xianyun give up?
The two sides were once in a stalemate.
Li Xianyun is not in a hurry. Anyway, there are so many things to be busy with, and the ghost city needs to develop, so Li Xianyun doesn't mind forgiveing Lan Yuan for a while.
Chapter completed!