The 2nd Fund has HK$1 million left, and Wang Guanxi has also been placed in the Global Jiyuan Entertainment Group.

Then Wang Guanxi summoned the executives of Xingyao Film and Television Company and ordered: "Start now, the company will be renamed Jiyuan Film and Television Company as a wholly-owned subsidiary of the Global Jiyuan Entertainment Group."

"Yes, boss!" everyone said in unison.

They didn't expect that the boss had a headquarters. Listening to the name of the headquarters, they knew it was a very powerful new company.

The company was profitable in the past but lost several million Hong Kong dollars last year. In addition, the original boss Li Guangyu's focus was not on this company, which made everyone not very optimistic about the company's development prospects in the future. This moment seems to have changed.

Wang Guanxi asked again: "Who is the director and who is the general manager?"

“Stand out!”

A middle-aged man was confused for a moment and quickly stood up.

A man with a suit and ties, a flat-headed man named Zhu Renzhi, is the deputy general manager.

"Boss, the company currently has no general manager. I am now the company's deputy general manager, named Zhu Renzhi."

At this time, an assistant handed over his information and showed it to Wang Guanxi.

Zhu Renzhi was once the deputy general manager of Hong Kong China Film Company. This year, he was frustrated at China Film Company. He was poached by Li Guangyu to become a professional manager. Of course, it is only temporary. Wang Guanxi knew that he would go back to China Film Company.

The ability is very good, Wang Guanxi said: "Well, if you keep doing it, you will be the general manager."

"By the way, where is the director?"

Zhu Renzhi thought for a while and said, "Boss, the director of the company resigned not long ago. I am currently the director."

In fact, the income of directors in Hong Kong is not high, not like that in the mainland.

It is normal for the company's director to resign and change jobs. He was once a director and producer.

Then he said: "Boss, there was a famous director who came to interview before. I was considering whether to let him join the company."

Wang Guanxi asked, "Who?"

Zhu Renzhi said: "Chen Musheng, he seems to be in a down-and-out manner. He heard that the Internet of Things company he invested in this year went bankrupt and lost all his money. He was also excluded in his own film and television company."

"Chen Musheng?" Wang Guanxi didn't expect that if this guy was in a downturn this year, he would change jobs when interviewing everywhere?

This director is indeed famous in Hong Kong. Wang Guanxi is optimistic about many movies he has made, but he didn't expect that he would do so miserably this year.

But it will still rise in the future. I have filmed a lot of money-making blockbusters, so Wang Guanxi ordered: "Call him over immediately and let him join the company."

"Call back, you are the general manager. If you can't call him back, you should also leave."

"Yes, boss" Zhu Renzhi hurriedly went to call. Half an hour later, Chen Musheng came to Wang Guanxi.

He was wearing a jacket, his hair was a little messy, and he looked a little depressed.

Wang Guanxi: "From now on, you will be the big director of the company!"

Chen Musheng was stunned. What's going on?

He himself couldn't understand it, so he had to say, "Thank you, boss."

Wang Guanxi nodded: "Go and sign the contract."

The contract was signed soon.

Wang Guanxi said: "Let me tell you, I have a modeling company, music company, and agency."

"The head office is called Global Jiyuan Entertainment Group"

"Everyone will get together to let you know each other"

"Now, prepare for it and leave at 7:30 pm."

Everyone said in unison: "Yes, boss"

At 8 pm, all the executives of Jiyuan Entertainment Group from Global Times came to the private room of the Chinese restaurant.

Ji Yuan Model Company, General Manager Qu Yuping, Public Relations Manager Qi Shuchun···

Ji Yuan Music Company, General Manager Zhang Dan, Music Producer Shi Yuqiang, and Two other artists who are focused on cultivating, Chen Weiyun and Deng Shiqi.

Ji Yuan Brokerage Company, General Manager Zhao Weihui··

Ji Yuan Film and Television Company, General Manager Zhu Renzhi, Director Chen Musheng··

The entire Jiyuan Entertainment Group team has already been united. Here is the time to let go. This year, Wang Guanxi will let them shoot good movies or invest in movies with high box office, release hot albums, and take the path of other entertainment companies, leaving other entertainment companies with no way out this year and let them lose money in a bleak year.

The popular album is already being prepared, but the box office movie is not yet ready.

Wang Guanxi will not invest too much energy and money here, but will let the Global Jiyuan Entertainment Group discover in the direction he has set.

Invest in movies, or shoot movies yourself.

In fact, investing in movies is a very risky thing. Many people who make movies end up losing money.

All film revenues are first subject to a special business tax of 3.3% and a special fund for film business. The remaining 91.7% are recognized as the "separable box office" of a movie. Furthermore, the film publisher is 8-10% of the shareable box office, and the cinema and theater chain are 57%, while the approximate income of the film production and capital investment parties is 30%-35% of the box office revenue.

In other words, investors get 35% of the total box office!

For example, a movie with a cost of HK$35 million will cost HK$100 million to make a profit.

Global Jiyuan Entertainment Group does not need to shoot movies by itself, but can be an investor.

Wang Guanxi knows that many popular movies have low investment costs and high box office.

If You Are the One, Mei Lanfang, the King of Kung Fu, Yangtze River 7, Ip Man 1···

However, Jiyuan Entertainment Group has not much liquidity in the world now and needs to sell its assets. Then Wang Guanxi ordered: "Qu Yuping, Zhang Dan, Zhao Weihui, Zhu Renzhi, you can sell all the useless assets for me, especially the assets of Jiyuan Film and Television Company. They are useless and irrelevant, and they are all sold!"

"It will start tomorrow!"

"Use the group company's funds to publish albums and invest in movies"

"Is it clear?"

Everyone said in unison: "I understand, BOSS!"

"I'm clear, boss!"

Wang Guanxi nodded: "Very good, you can do it tonight, I will see the results then."

"Whoever does a good job this year can become the vice president of the head office. If you can't do it well, get out, do you understand?"

Now these four general managers are just the heads of subsidiaries, and the position of the president and vice president of the head office is still empty.

Now, there are four subsidiaries in the global Jiyuan Entertainment Group. This was bought by Wang Guanxi for HK$132 million. In 2008, it was integrated and the scale was not small.

In the future, the group company will expand. The position of vice president can manage many subsidiaries and has great power. Everyone is envious of the position of vice president.

"I understand, boss!"

Now that the group company is integrated, everyone is full of confidence and expectations for the future.
Chapter completed!