Lin Zixuan met Mr. Shi from a pharmaceutical company in Beijing. .

The two occasionally meet in public places, such as entrepreneurs forums and charity parties, but due to the different industries they are in, they no longer cooperate.

The last time we collaborated many years ago. In order to film "The People in Beijing in New York", Lin Zixuan asked Mr. Shi to invest.

Mr. Shi was so cheerful that he invested $500,000.

Subsequently, with the help of Lin Zixuan, Mr. Shi invested in Huairou Film and Television Base in the suburbs of Beijing.

They are now meeting for this film and television base, and Mr. Shi is preparing to withdraw and cash out his shares.

On the one hand, he is not very interested in the film and television industry and pays more attention to industry. On the other hand, he needs capital turnover to repay huge loans from banks.

The film and television base relies on collecting rent to obtain profits, and pays attention to long-term flow, which doesn't make much sense in his opinion.

Mr. Shi wanted to ask Lin Zixuan if he had any plans to take over.

Huairou Film and Television Base is currently the largest film and television base in China. It has broad development prospects and many people want to take over. He can think of Lin Zixuan because of his previous friendship.

He first invested 10 million to get 20% of his shares.

After several rounds of financing and expanding the scale, when Huaying Group was established in 1998, he added 20 million yuan, leaving 15% of his shares.

This fifteen percent of the shares are now priced at 150 million.

This is the market price.

The land price in Beijing has increased several times over the years, and the total assets of the film and television base exceed one billion. Most of the shares are in the hands of Huaying Group, as well as the Beijing TV Art Center and other small shareholders.

Lin Zixuan has some understanding of Mr. Shi’s situation.

In August last year, the China Securities Regulatory Commission publicly criticized Mr. Shi for misappropriating 2.5 billion yuan of funds from listed companies, pushing the largest pharmaceutical company in China to the forefront.

Media tracking reports revealed many problems, and the most eye-catching thing is bank loans.

The company with a total assets of up to 17 billion yuan has fallen into a debt vortex and is said to owe banks billions.

It is understandable that the company has loaned banks to develop, and Haomeng Company also has a loan of 200 million to 300 million.

But this is the ability to repay loans under the premise of healthy development of the company.

Mr. Shi’s problem is that he is too ambitious and always wants to become a top 500 company in the world, constantly expanding and mergers, especially investing a lot of money in the real estate industry.

He invested 4 billion yuan in Longgang, Pengcheng to build a Health City and a golf course. Due to incomplete land acquisition procedures, the project came to a halt, resulting in a shortage of funds for the company.

This is why he is eager to sell a batch of non-core assets.

Facing Lin Zixuan, Mr. Shi did not think that his strategic direction was problematic. Expansion, mergers and reorganization was the only way for enterprises to grow bigger and stronger, and this was the case with large international companies.

He felt that this was a difficulty on the development path of the enterprise and could be overcome.

Lin Zixuan agrees with this concept, but he should be rational and down-to-earth in investment, and should not always think about leapfrog development. If he takes too much, he will always fall one day.

He found that a group of bosses who started their own business in the 1980s had one thing in common: they were full of passion and dared to think and do it.

Or it is to say that it is a strong mind, with a sense of being superior to Britain and catching up with the United States, and it is arbitrary and domineering.

This is related to the age they grew up and the education they received. Most of them worship founding leaders, have lofty ambitions, and want to do something.

Mr. Shi often quotes famous quotes from leaders when chatting with Lin Zixuan.

The generation who started a business in the 1990s was more pragmatic and tried not to conflict with the existing rules and systems, but instead looked for opportunities in the rules, seeking development, or loopholes.

Lin Zixuan advised him a few times, but Mr. Shi disagreed and insisted on his own ideas and plans.

What he thought about was not to stop the pace of expansion, but how to raise funds to continue to expand and face difficulties.

This spirit of not being afraid of difficulties was the main reason for his success in the past, but now it has become an excuse for him to be stubborn and stubborn.

There is nothing right or wrong, it can only be said that character determines destiny.

Lin Zixuan only controls a company with assets of less than 200 million yuan, and Mr. Shi is the helmist of the assets of tens of billions of yuan.

He could neither consider the problem from President Shi's height nor could he convince President Shi.

Lin Zixuan felt a little moved when he left the Beijing Hotel.

In recent years, many originally excellent entrepreneurs have fallen down one by one for various reasons, the richest man in the country who exchanged cans for airplanes, and the famous tobacco king.

They were pioneers of reform and opening up, crossing the river by feeling the stones and creating a career.

The business ideas of these people are worth learning from, and the mistakes they have made also need to be alert.

Back at the company, Lin Zixuan held a senior meeting to discuss the issue of the acquisition of Huairou Film and Television Base shares.

This is a good opportunity. Without his friendship with Mr. Shi, it might not be the turn of Haomeng Company.

Film and television bases are an important part of the film and television industry.

Haomeng Company has lacked some parts in this industrial chain from the simple film and television production to independent distribution and then to theater layout.

For example, the production and distribution of audio-visual products, film technology companies, film and television bases, artistic talents training, etc.

The big Hollywood film company is an independent entertainment kingdom, with dozens of branches under its jurisdiction, responsible for operating various industries related to film and television.

That is the foundation accumulated over eighty years.

Good Dream Company has been developing for less than ten years and lacks foundation. It still needs to work hard to catch up with Hollywood film companies.

Everyone thinks that they should take over the shares of President Shi, but some people are worried about the company's capital chain. The project "Xiaoxue's Big Adventure" is too much investment, and the company is currently operating in debt.

Therefore, the old topic of financing was mentioned again, absorbing external funds to take risks.

Since the first part of "Xiaoxue's Big Adventure" proves that it can be sold, Haomeng Company can raise funds for the filming of the second and third parts from the outside world.

As for how to use the funds after getting them, whether to repay bank loans or invest in other projects, it is easy to operate.

This is capital operation.

The only risk is that once the project "Xiaoxue's Big Adventure" encounters setbacks and fails to achieve the expected returns, it is easy to cause adverse chain reactions.

Lin Zixuan felt that he and Mr. Shi were on the same path, and if he wanted to develop, he had to continue to expand.

The difference is that he probably knows a bottom line, not so blind, does what he has the ability to do, rather than interfere in all areas.

The matter at the film and television base was supported by most people, and Haomeng Company then issued a financing announcement.

The financing plan for the sequel to "Xiaoxue's Big Adventure" is to raise 300 million yuan from the society, and give priority to companies related to the film and television industry.

This will not only obtain sufficient funds, but also attract a group of new film and television companies.

Of course, if the movie makes money, these invested companies can also get rich returns.
Chapter completed!