Chapter 1196 Never overestimate the enemy's lower limit
"Uncle Huo, are you sincerely planning to sell Huanyu?" Li Jin asked.
Huo Zhenzhou nodded and said, "Huanyu's boss Lin Ming and I have been friends for many years."
"This Huanyu Film Company is a branch of Huanyu International Group. It was fine in the early years and made a lot of money from the film industry. But starting from this year, the movies in Hong Kong City have begun to go downhill."
"It is precisely because of this that he plans to shift his focus from the film industry to financial asset management and take an international approach, so he intends to spin off the entire entertainment industry and sell it separately."
Listening to Huo Zhenzhou's words, Li Jin felt that Lin Ming, the boss of Huanyu Films, still had a vision.
In the past life, the pinnacle of Hong Kong movies was the 1990s. The Young and Dangerous series, the God of Gamblers series, and the Zhou Xingxing series of movies fed the youth of an entire generation.
However, after 2000, it began to gradually decline, and this situation has continued until 2020 without relief.
However, in his previous life, Lin Ming did not sell the film company.
"How much does he plan to sell for?" Li Jin asked.
Huo Zhenzhou frowned slightly and said: "This is the difficult part of this matter. To be honest, if the company Huanyu Pictures didn't fully meet your requirements, I would have almost excluded it."
"Lin Ming's first preference is to find a large and powerful buyer, and then exchange equity for the large buyer's equity in other companies."
"If you want to buy it in cash, the asking price of the entire Huanyu Pictures will be no less than 2 billion."
After listening to Huo Zhenzhou's words, Li Jin finally understood why Huanyu Pictures was not sold in his previous life.
This Lin Ming is simply crazy about money.
What is the concept of 2 billion? Li Jin only spent 10 million to control Tengxun.
Although You Teng Xun is a start-up company, it is far from developed.
But in Li Jin's view, even if Huanyu Pictures currently controls a lot of movie copyrights and theater resources, the maximum amount is only 1.5 billion.
At such a price, it would be a shame if someone bought it.
No wonder Huanyu Pictures didn't sell it in the end.
"The market value of the entire listed company of Huanyi International is only 5 billion. If he wants to sell a film subsidiary for 2 billion, it would be too big of a deal." Huo Anlan frowned.
"You can't say that." Li Jin shook his head.
"Many things cannot simply be measured by market value. If you see something you like, it doesn't matter if you spend a little more money. If you see something you don't like, you may not buy it even if it is lower than the market price."
Huo Zhenzhou smiled and said: "That's indeed the truth. Its physical volume is as big as that of Huanyu Pictures, so it is normal to have a premium."
"After all, although Hong Kong's movies are not as good as before, the market is still there. What's more, as one of the top five companies in the market, Huanyu Pictures has a set of the best industry systems."
"It can be said that if Ah Jin really plans to enter the entertainment industry, spending more money to buy Huanyu Pictures will definitely be a sure-profit deal. The time and labor costs saved in the middle are immeasurable.
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"Having said that, you can't be taken advantage of for no reason. Uncle Huo, help me make an appointment with Mr. Lin. I hope to talk to him in person." Li Jin said.
Huo Zhenzhou nodded and said: "If you think it is necessary to talk, I will naturally be happy to help you. Let's do this. There will be a charity party the day after tomorrow. We wealthy businessmen in Hong Kong will basically go to support it. You and An Lan will come over together."
"charity dinner?"
Li Jin was a little emotional.
In my previous life, I often saw wealthy people participating in various charity dinners in Hong Kong movies and dramas.
It's just that everyone takes out some innocuous trinkets and auctions them off, and then the money raised is used to donate to poor people.
To put it simply, it is a place for rich people to socialize and spend some money to buy a good reputation.
Charity auctions of this kind can be found all over the world, but only the rich in Hong Kong City love this way of showing off the most.
But I didn't expect that after rebirth, it would be my turn to participate in this kind of charity auction.
"What's wrong?" Huo Zhenzhou asked when he saw Li Jin looking strange.
He also thought that Li Jin didn't like such an occasion.
"No, I just haven't participated before and I'm a little curious." Li Jin said with a smile.
Huo Zhenzhou laughed and said: "Actually, we just find a place to talk, get to know new friends and circles, and then spend some money to buy some things that we may never see again in this life, so as to gain a good reputation.
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"Huanyu is most familiar with this kind of place. Let him take you with him when the time comes."
Huo Huanyu said with a smile: "Actually, it's just a place for people to show off. This is what you're good at."
As soon as Huo Huanyu, who was carried away with his words, was glared at by Huo Zhenzhou, he immediately stopped joking.
"Okay, I will be there on time the day after tomorrow." Li Jin said.
After leaving Huo's house, Huo Huanyu still acted as the driver to take Li Jin back to the hotel.
But now, Huo Huanyu is not resistant to this task at all.
After boasting about his awesomeness along the way, Huo Huanyu dropped Li Jin off at the hotel. It was obvious that his direction was not going home, he must be going somewhere to have fun.
Li Jin was too lazy to take care of it.
When we returned to the hotel, we discussed the company's plans with Tang Jun and Ma Huateng as usual. It was already late at night after that.
After the meeting, Li Jin called Su Wanqing.
"You haven't rested yet?" Li Jin asked.
"I'm waiting for your call." Su Wanqing's voice was as gentle as ever.
Li Jin smiled and said: "Is there a lot going on in the company recently?"
"Things in the company are okay, but it's a bit difficult to learn financial knowledge. It's too complicated." Su Wanqing lay on the bed and said weakly.
"Everything has a process. Don't be too hasty for results. Take your time. I can't afford to be exhausted." Li Jin said with a smile.
Su Wanqing snorted softly, "Are you worried that I will be exhausted? I went to Hong Kong City for so many days and didn't say I would come back early."
"Still working on something, I'll rush back as soon as it's done." Li Jin said.
Su Wanqing turned over and said: "By the way, my dad asked me to tell you that you will find him when you return to the mainland. It seems that the entertainment company in the mainland has already made plans and will wait for you to come back to talk."
"Let's deal with it when I get back. Things in Hong Kong City are more important."