after lunch. Lao Wang immediately held a board meeting. Lu Xuan and Da Tiantian were arranged in a VIP lounge. Open the Red Star Club V message group. Lu Xuan@All members. Lu Xuan:Major project! Lu Xuan: 5 billion invested in Wanda Film, becoming the second largest shareholder of the world's largest cinema chain. What do you think? Eighteenth Culture Wang Jinghua:??? Taichuan Entertainment Boss:??? Sugar Man Film and Television Cai Yinong:???
Zhengyang Film and Television Hou Hongliang: ??5 billion!!! Boss of Guangxian Media: My market value is 30 billion, and Wanda Film’s market value is 60 billion, which is twice as much as mine. Boss of Guangxian Media: But, I am not optimistic about Wanda Movies. At its peak, it was more than 120 billion, but it has been declining in the past few years, down to 60 billion today. Boss of Mango Group: Yes, Mr. Lu, what do you think? We invested 5 billion in it, but it will probably shrink to 3 billion in three years. This is a loss-making business. The boss of Zhejiang Taiwan Group: It is better to invest in Wanda than Ali and Tengxun. The urbanization process is slowing down and the real estate industry is expected to be in trouble in the past two years. I am not optimistic about Wanda. Boss of Oriental Station Group: Seconded. Yang Mi from Jiaxing Media: Don’t rush to refute. Since Mr. Lu wants to vote, he must have a reason. Yang Mi from Jiaxing Media: Don’t forget, he has never failed. Let’s first ask Mr. Lu to talk about his thoughts in 05. Lu Xuan: I know everyone’s concerns, and my judgment is the same as yours. Real estate will indeed fluctuate violently in the next few years, but Wanda Film and Wanda Real Estate are two different businesses. Lu Xuan: The boss of Guangxian said that the market value of Wanda Film has been shrinking in the past few years, and it may shrink in the next few years. But what I am interested in is not its market value, but its market. Lu Xuan: Wanda Cinema is the world's largest theater chain, with more than 1,500 theaters worldwide and more than 700 nationwide. Lu Xuan: Once we become the second shareholder, the movies we produce will have the highest say and volume. Lu Xuan: Movies produced by other film and television companies are all based on our expression. Do you want to arrange the number of films? Okay, change the 50-50 share to 37-30, or even 28-80. Lu Xuan: We at Jiaxing are in the process of laying out the cinema line. We have already secured 50 cinemas and will be able to open them by the end of the year. Lu Xuan: When Jiaxing Cinema Chain develops and expands, the Wanda Cinema Chain + Jiaxing Cinema Chain will be invincible, and our market share will be unimaginable. Lu Xuan: The most important point is that Wanda is experiencing an internal crisis. I can’t say what it is specifically, and don’t ask, let alone spread the word. Lu Xuan: In short, it is a once-in-a-lifetime opportunity and we can negotiate a very good price. Lu Xuan focused on investing in cultural and entertainment projects in his previous life. The future development trend of Wanda Films is very clear.
After Wanda encountered a 400 billion debt crisis. Wanda Films announced the suspension of trading and asset restructuring. Ari and other life-saving straws were brought in to invest. One year later, Wanda Films resumed trading. The market value fell from more than 60 billion to about 40 billion. Papa Ma cried and fainted in the toilet. After that, it depends on the impact of cold winter-plague. Wanda Film’s market value ultimately hovered around 30 billion. In a parallel world. The film and television industry in Longguo is booming. The Chinese music scene is in full bloom this year. In the film and television industry, because of Lu Xuan's 900 million royalties for "Three Lives Three Worlds" last year, various film and television companies are also vying to invest in the production, and there is quite a scene where a hundred schools of thought are contending. The entertainment industry is developing healthily and there is no tax evasion. Therefore, Lu Xuan believes that the parallel world will not encounter a cold winter in film and television. As for the plague, it depends on God's will. The worst thing is to transfer the shares to Huayi before the plague comes. When the end is near, the shares will be bought back. Anyway, my allies and I can't suffer. The members of the Red Star Society after a brief consideration. I think Lu Xuan's strategic vision is correct. As long as you win the right to speak for the cinema chain. Movies invested or produced by various companies of the Red Star Club are guaranteed to have a large number of films. However, it is a 5 billion big project after all. They still have concerns. Boss of Mango Group: Mr. Lu, you have convinced me that I am willing to support you. What is the price per share of the shares transferred by Wanda Films? If the price is right, it can still be considered. Boss of Zhejiang-Taiwan Group: Yes, Mr. Lu, this is a big deal. We have to see the price before we can make a statement. Lu Xuan: I understand. Wanda’s board of directors is discussing it, and it is estimated that the results will come out soon. I am just saying hello to you and listening to your opinions. [Cultural Wang Youhua: I agree with it, as long as the price is right, then vote! I believe in Mr. Lu's vision!
Boss Tai Chuan: Second! Zhengyang Hou Hongliang: Second! Lu Xuan: Okay, since everyone agrees, I can negotiate the price with Fang Da. Lu Xuan: Don't force it. If anyone disagrees, his part of the money does not need to be invested. Sugar Man Cai Yinong: Anyway, I agree. Jiaxing Media Yang Mi: I agree with both hands! Yixin Entertainment Yang Tianzhen: I just invested 300 million, even if I lose money, I won’t lose much. Jiaxing invested the most, and Jiaxing is not afraid. What am I afraid of? So I firmly agree! Sister Zhou of Xitian Film and Television: You are right, I agree! In the end, all of them initially agreed to acquire the shares of Wanda Films. Three o'clock in the afternoon. After several rounds of discussion by the board of directors of Wanda. The board of directors agreed to sell the shares of Wanda Films. And give a price. Lao Wang and his wife found Lu Xuan. "50 yuan per share? 10% of the shares?" Lu Xuan was dissatisfied when he heard the price. This is a little cheaper than the price Papa Ma bought in the previous life. But not much cheaper. The current market value of Wanda Films is more than 60 billion. Lu Xuan holds 10% of the shares, worth 6 billion. And Lu Xuan invested 5 billion yuan, so he made a profit of 1 billion yuan. But once Wanda's 400 billion debt is announced to the public. The market value of 60 billion has shrunk. If no one invests in the rescue, it may be cut in half, or even delisted. That's why Wanda Films in the previous life chose to suspend trading at the first time, carry out asset restructuring, avoid stock price crashes, and protect the interests of shareholders and shareholders. "Uncle Wang and Aunt Lin, in business, the price is too high. You all know how serious the crisis is." Lu Xuan continued: "After 280 exposures of the 400 billion debt, I predict that the market value of Wanda Films will shrink from 60 billion to 40 billion in the future, so it is reasonable to account for of the shares with 500 million." Lu Xuan didn't take advantage of the fire to rob, on the contrary he was very conscientious.
40 billion was placed in the previous life, which is the market value of Wanda Films’ resumption of trading after a one-year suspension. In the future, due to the downturn in the film and television industry, it will continue to fall. "Mr. Lu, you are a professional in the entertainment industry. Otherwise, you can go to the board of directors with me. I personally agree with of the shares, but the shareholders will definitely have different opinions." Lao Wang said very honestly: "I am stupid, I can only pat the table, I believe that if you say something, the shareholders' meeting will definitely agree. "I'm an outsider. Is it appropriate to join your board of directors?" Lu Xuan said politely. "Others are not suitable, but you must be suitable. I am the chairman, so I still have this power." With that said, Lao Wang dragged Lu Xuan to the conference room. When I arrived at the meeting room of the board of directors, I was taken aback. Wanda has hundreds of shareholders. Lu Zheng was also there, sitting in the corner of the second row of the long circular table. Facing such a big battle, Lu Xuan was not afraid at all. After an hour of analysis and judgment by Lu Xuan, the battle of words was added. In the end, the two sides reached an agreement. As Lu Xuan said. Invested 5 billion, accounting for of the shares. This result was unanimously agreed by members of the Red Star Club. The two parties immediately signed an agreement on the spot, and the transaction will be carried out tomorrow. At the same time, Lao Wang asked Wanda Films to apply to the China Securities Regulatory Commission for a suspension of trading and asset restructuring.
