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136 bargained to 46 million to buy Xingyao Film and Television Company

When Feng Shaokun heard Wang Guanxi's words, he immediately smiled and said, "Guanxi, others will lose their positions, but I think you won't lose their positions. Maybe the stock price of China Resources Beer will fall sharply tomorrow."

After all, the stock price of China Resources Beer has been rising steadily during this period.

It has risen from 15.00 to 36.00.

Especially today, the rise is the most fierce, after all, things will turn back. The more fierce the rise is, the more fierce the fall is, the more fierce the fall is.

Especially Wang Guanxi's shortings were made many times in the end, and he had already blindly admired Wang Guanxi.

Wang Guanxi laughed: "I hope this is the case"

Now his account has lost 30 million Hong Kong dollars, but he is still very confident.

At this time, Feng Shaokun's phone rang, and it was his friend Li Guangyu who called him.

After connecting.

Feng Shaokun asked: "Old Li, what's going on now?"

Li Guangyu sighed: "MD, I just lost my position and lost 280 million!"

"Old Feng, lend me 100 million first"

Feng Shaokun: "I don't have that cash anymore, and I'm stuck in many assets and can't sell them."

Li Guangyu sighed: "Okay, I'll think of something else."

"By the way, I plan to sell my film and television company and two more properties. Are you interested in it?"

Feng Shaokun: "I want to buy it now, but I can't help it. I'm also short of cash now. I want to keep Yongheng Securities' liquidity sufficient to deal with the possible crisis this year."

Li Guangyu: "The crisis exists this year? What crisis can it exist?"

Feng Shaokun said with some concern: "The US real estate market collapsed and debt defaulted a lot."

Li Guangyu smiled and said, "It's not normal for real estate collapse. It's okay, it will recover soon. You're too much trouble. Isn't it just that the US real estate collapses?"

"By the way, you have a friend who wants a film and television company or a house, please contact me. I'm short of money now."

Feng Shaokun suddenly thought of something and said, "I have a friend who wants an entertainment company now, I'll ask him."

"Okay, ask quickly." Li Guangyu urged on the phone.

Then Feng Shaokun said to Wang Guanxi who was drinking tea in the distance: "Guanxi, my friend plans to sell a film and television company. Are you interested in seeing it?"

"Film and TV Company?" Wang Guanxi put down the teacup and smiled and said, "Okay, I'm planning to acquire a small film and TV company."

Feng Shaokun: "Don't worry, his film and television company is not big, you can buy it."

Then he communicated with Li Guangyu on the phone and said to Wang Guanxi: "Guanxi, do you have time now? Li Guangyu said the price is suitable, so he will sell it to you directly."

"Okay, you can go now"

"By the way, what's the name of the company? Where is the location?"

"Star Yao Film and Television Company, located in Wan Chai District, Sibao Building"

"Okay, let's go and have a look now." As he said that, Wang Guanxi called again attorney Liu.

At 4:45 pm, Wang Guanxi and others arrived at Wanchai District, Sibao Building.

Starry Film and Television Company is on the 15th floor of the building.

Li Guangyu was waiting in front of Daxia. After seeing Feng Shaokun, Wang Guanxi and others, he quickly came to meet him.

"Hello, Mr. Wang"

"Hello"

After the two shook hands, Wang Guanxi stopped being polite and said straight to the point: "Mr. Li, go and check the company now. If it is suitable, we can complete the deal immediately."

"Okay, I like someone as generous as Mr. Wang, please!" Li Guangyu made a call.

So we all came to the 15th floor, the company headquarters.

Xingyao Film and Television Company's business is film and television investment, film and television production, film and television distribution, animation production, post-production, artist brokerage, advertising and marketing, etc., and it also provides its own studio and clothing prop library, and one-stop management.

Not bad, okay, then I looked at the property statement and the company's cash flow. The company's current liabilities are 20 million, and the debt of this 20 million is a long-term loan. The company's assets are about 70 million and its net assets are about 50 million. There are several properties, which are definitely not worth that much money.

The cash flow is not bad, and it has HK$20 million in cash, which is a loan not long ago.

Wang Guanxi said, "37 million, if you sell it, we will complete the deal immediately."

Although the net assets are 50 million, many fixed assets of TM are shrinking. If they are sold all of them now, they will definitely have to be discounted.

In addition, the company has borrowed 20 million yuan and plans to shoot a movie.

However, the company made profits throughout the year and did not have much in the year.

Moreover, there is only 37 million in Wang Guanxi's No. 2 fund.

Li Guangyu suddenly looked incredible. Our company's net assets are 50 million, so why don't you tell me the price of 37 million?

"No, I can only do it with 60 million. My company's net assets are 50 million. In addition to the company's brand, talent, and reputation, it is worth at least 60 million."

Wang Guanxi immediately said: "Calculate that net assets are all property, and you also count the restaurant. This is not worth much. And you both lost money last year and paid back a loan of HK$20 million this year. This is a debt bomb. If the movie you filmed this year loses money, then the 20 million loan will have to be sold and paid back."

"37 million, Mr. Li, think about it carefully."

Wang Guanxi was not polite either, he said it clearly directly.

Li Guangyu's face turned red and said, "Is 50 million okay? The company's net assets are 50 million, you can give me at least 50 million."

"37 million, that's too little. I might as well close the company and sell all the company's assets. A net worth of 50 million can get at least 40 million cash. With the company's brand, talent, and reputation, it's at least 10 million Hong Kong dollars."

"The two combined, 50 million, this is the lowest price. Mr. Wang, you should also think about it carefully."

Wang Guanxi was confused for a moment and said, "46 million"

Li Guangyu didn't expect that Wang Guanxi would cut 4 million. After a moment of confusion, he said, "Okay, 46 million is 46 million. I need cash now. If you give me 46 million, the company will be yours."

In the past, he would not sell HK$60 million, but now he is very short of money and sells it for 46 million.

This Xingyao Film and Television Company is not very profitable, far less than Dingyi Financial Company. If you choose, it is naturally a financial company. This time, shorting China Resources Beer's stocks broke down and lost HK$280 million. He urgently needed cash. With 46 million, he thought of a solution, it would be enough.

"Okay, Lawyer Liu has formulated a contract." Then Wang Guanxi said to Feng Shaokun: "Brother Feng, borrow another 10 million."

His No. 2 fund only has 37 million, which is not enough money.

"Okay, no problem." Feng Shaokun also agreed readily and directly transferred HK$10 million to Wang Guanxi.

Then the contract was drafted, and Wang Guanxi and Li Guangyu signed the contract.

Then he paid Li Guangyu HK$46 million.

“Happy cooperation!”

“Happy cooperation!”
Chapter completed!
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