Chapter 179 Hong Kong First Film Company "Wow!" The people around exclaimed, "It's so big? It should be 5 carats, right?" "How much does it cost?" "That's Liu Hongmin. He's the boss of Tomorrow Film Company. The box office revenue from a movie like Chinatown Detective is enough to buy him several diamond rings like this." "I really envy Li Lizhen, she is so happy." Li Lizhen looked at Liu Hongmin in surprise, "Honey, are these really for me?" Liu Hongmin was also surprised. He really didn't expect Random House to make such a big investment. The diamond ring alone was worth hundreds of thousands of dollars. "Of course!" Since Random House was so generous, Liu Hongmin naturally accepted it with a smile. He stood up, picked up the jewelry, and put them on Li Lizhen one by one.
Li Lizhen cried with joy and offered a kiss. There was immediate applause from the surroundings, and the girls all looked at Li Lizhen with envy, "You are so happy." "I'm so envious! I also want to have a husband like this." The men gritted their teeth secretly, letting Liu Hongmin do this, stealing all their limelight. However, they did not dare to offend Liu Hongmin and could only curse him in their hearts. Li Lizhen was so excited that after dinner, she immediately followed Liu Hongmin back to the Repulse Bay Villa. The next day, when Liu Hongmin went to Mingtian Film Company, he still felt the pain from the medicine. "Isn't this our Boss Liu? He actually came to the company?" Liu Hongmin glanced at Zou Shifang and said, "Notify the others to hold a meeting in the conference room this afternoon." Zou Shifang suppressed his laughter and said, "Okay, okay, I'll go and inform Boss Liu right away." In the afternoon, Xu Xiaoming rushed to the company. When he saw Liu Hongmin, he immediately laughed out loud, "Brother Liu, we are going to break the box office record again this time." "Detective Chinatown 4" will still be released during the Spring Festival, and its box office performance is even better than "Detective 3". "Congratulations, congratulations!" Liu Hongmin joked, "With more than ten movies selling well at the box office, Brother Xiaoming can be called the number one director in Hong Kong." Xu Xiaoming waved his hands quickly, "Brother Liu, you are flattering me. Others may not know, but we ourselves do not know. Brother Liu has half the credit for the success of those movies, and the rest is due to everyone's concerted efforts. I am just a figurehead. If someone else were to take over, the movies would still sell well and break records." While chatting and laughing, Wang Yaowei distributed the meeting documents. Liu Hongmin glanced at them and listened to Wang Yaowei's story. "Last year we aired two TV series, Happy Little Monk 2 and Feng Ling Du. Happy Little Monk 2 was starred by the Kung Fu Twins and had very good ratings. With the copyright of the foreign copyright, we earned million Hong Kong dollars. Feng Ling Du was starred by He Jiajin. This was the second TV series He Jiajin starred in after landing on the big screen. Many fans were glued to the TV, so the ratings were very good." At this point, Wang Yaowei said something off topic, "The success of "The Taoist Priest Huang He" and "Feng Ling Du" made Lao Zou a well-known martial arts novelist, and his works also sold a lot more." Liu Hongmin smiled and said, "This is a triple blessing for us." "More than three joys!" Xu Xiaoming said mysteriously.
Wang Yaowei continued to report: "Last year we released four movies, "Detective Chinatown 3", "Ghost Ship", "New Shaolin Five Ancestors" and "Fist of Fury". "Detective 3" broke the record, and the box office and foreign copyrights made the company a profit of million Hong Kong dollars. "Ghost Ship" was released in the summer of last year, with a box office of 2100 million, and the foreign copyright was sold for 5000 million. After deducting the filming costs, the profit was 5500 million. "New Shaolin Five Ancestors" had a box office of 3400 million, which was the champion of last year's Christmas season. The foreign copyright was sold for 7800 million, and the profit was 8600 million after deducting the filming costs. "Fist of Fury" is ready to be released in this year's summer. After the success of "New Shaolin Five Ancestors", Jet Li has a strong box office appeal." Zou Shifang said: "Last year, the total profit of film and television works was million Hong Kong dollars, the tax paid was nearly 5000 million, and the employee salary was nearly more than 7000 million. After deducting the 7000 million dividends, the company has million Hong Kong dollars on its books. Adding the profits of previous years, the book funds still have million Hong Kong dollars." Liu Hongmin thought about it and said, "Then we can take out another 5 million yuan for dividends, and give each employee a bonus of 10 to Hong Kong dollars according to their level." Xu Xiaoming was surprised, "Brother Liu, this benefit is really big!" Liu Hongmin smiled and said, "I'm not a capitalist, so it's normal for me to give benefits to my employees. By the way, in order to repay the support of the people of Hong Kong, I'll donate 20 million Hong Kong dollars to the welfare home." Zou Shifang nodded, "No problem. Although there are still some box office revenue and foreign copyright fees that have not been collected, our company's book funds are very healthy." Xu Xiaoming admired him very much. You know, if all the money was used as dividends, most of it would belong to Liu Hongmin. Wang Yaowei said: "In Hong Kong, our company ranks first in terms of profits among all film and television companies. It is no exaggeration to say that we are already the number one film company in Hong Kong." Liu Hongmin nodded, not taking it seriously. The film and television industry is very profitable, and one wrong step could ruin the entire company. If Tomorrow Film Company is promoted, it is because Liu Hongmin's requirement for the company is that each department should be well-equipped. The entire company has more than 100 people, and most of them are technical personnel. Tomorrow Film Company has not signed many stars, and even if they have signed, there are no mandatory clauses, and they are all loose contracts. If actors are needed, Tomorrow Film Company will hold open auditions and select actors who fit the role. Unless they are really charismatic stars, Tomorrow Film Company will not pay them too much. There are so many actors in Hong Kong now, and there are also many actors of the same type. Even if you can't find actors, there are still the entire mainland production studios as a backing. In recent years, Mingtian Film Company has been co-producing films in Hong Kong and the mainland, which saves a lot of labor costs. This cooperation method is very enviable to other Hong Kong film companies. If they had not to consider Green Island, they would have followed suit long ago. Even if there are film companies that are not afraid of Green Island, the treatment they give to mainland partners is not as good as that of Tomorrow Films. Therefore, mainland film studios like to cooperate with Tomorrow Films very much. However, once Green Island compromises and lifts the ban on the mainland, other film companies will also go north to cooperate with mainland films. At that time, Tomorrow Film Company will lose this advantage, and will need to do more to maintain its current position. In fact, other film companies in Hong Kong have been fighting against Tomorrow Films, after all, it was founded by Liu Hongmin. There is regional protection everywhere, and Hong Kong is no exception. The status of the First Film Company was taken away by a company founded by a mainlander. As Hong Kong people, they feel embarrassed. But now, they can only admire in their hearts. The achievements of Tomorrow Film Company are beyond their reach. (End of this chapter)