The King of Huayu Science Fiction
Chapter 84 Mo's Valuation
Chapter 84 Mo's Valuation
"My attitude has not changed. Although our team is not many people, it has developed rapidly in the past few years. I don't have any thoughts of selling Mo now." Xu Sheng picked up a piece of hairy belly from the pot Said.
Although it is a hot pot, it is in a private room with an elegant environment and good sound insulation. This is where Xu Sheng often comes to discuss business.
Yang Dairong chuckled softly: "Mr. Xu, DreamWorks does not necessarily seek a controlling position, and we have no intention of taking the company away from you."
Xu Sheng frowned. The two people sitting opposite him were both from DreamWorks Studio. Xu Sheng was very excited when they first found them.
Of course, DreamWorks Studios knows that it is a film production company that has been in the limelight recently, and jointly produced the movie "Fatal Identity" with Huanshiwang. The most important thing is that the boss of this company is a rising like a comet. young director.
Xu Sheng's first reaction when DreamWorks came to him was that another big order was coming. After all, Chen Jingxing's first two films were low-budget sci-fi films. Presumably this is the beginning of preparations for the third film, which is very likely. It's still going to be a sci-fi movie, and there's a lot of post-processing involved.
Although such a list basically can't make much money, and DreamWorks is not the kind of big company with deep pockets, usually such a movie must be stinging money, at least it will not be generous in the post-production visual effects, but it can also give ink. Come to fame.
Although MoreVFX was established in 2007, it has only achieved a leapfrog development in recent years, and it was "The Golden Heist" directed by Ning Hao that brought them opportunities.
Through this movie, they gained fame in the industry, embarked on the fast track of development, and also gave him and several entrepreneurial partners the belief to continue to persevere.
As a cutting-edge director whose reputation is no less than that of Ning Hao, Chen Jingxing's films will naturally attract attention. This must be another rare opportunity for Mo.
Fame is really important in this industry, special effects in post-production are relatively professional, knowledgeable party A is rare, especially in the film and television industry where hot money is constantly pouring in, most customers don’t know who is good and who is bad, and fame is what wins customers the most important factor.
Well-known special effects companies are so busy with their business that they wish they could be divided into two parts by one person, while the lesser-known post-production team can be free to raise chickens.
But Xu Sheng never expected that the fat fish he thought came to him turned out to be a shark.
At the very beginning, he excitedly led two people from DreamWorks to visit the studio, showed the company's proud works, introduced the entire workflow, and wished to make Mo the number one special effects company in China, with technology comparable to Hollywood.
I didn't expect that people wanted to buy his company.
Even if Xu Shengdang resolutely refused, he might have agreed to it a few years ago. The development of ink has indeed been rapid in recent years, and the domestic film and television industry has also begun to pay attention to special effects. Xu Sheng believes that he can Grasp this outlet and take the company to a higher position.
Unexpectedly, after being rejected, DreamWorks still did not give up, and asked him to discuss project cooperation matters after two days.
Xu Sheng thought that the other party's bid for the purchase was unsuccessful, and he wanted to settle down to cooperate in the movie, but he didn't expect that he hadn't given up on the purchase plan.
DreamWorks really came here with sincerity this time. After the first purchase request was rejected, Yang Dairong also realized that the other party's attitude was difficult to soften, so he made a phone call with Chen Jingxing, thinking that it was unlikely to achieve his goal.
Chen Jingxing originally wanted to give up choosing another target, but Li Huicheng, who came to Chengdu with Yang Dairong to meet with Mo, thought that this company was really strong, and it was considered the strongest among all the later-stage companies he had worked with and contacted.
Li Huicheng was recruited by Xu Wenshen to DreamWorks. He had worked as a producer, assistant director, and film special effects supervisor, and has rich experience in working with post-production special effects companies.
One of Yang Dairong and Li Huicheng was in charge of negotiating, and the other was in charge of investigating the strength of the special effects company.
Chen Jingxing had relatively high requirements for special effects. Since Li Huicheng believed that this company was top-notch, Chen Jingxing didn't want to give up. He was going to fight for it again, and of course he had to make some concessions.
That is what Yang Dairong said "do not seek a controlling position".
Without seeking a controlling position, it is naturally not considered an acquisition.
Generally speaking, the acquisition is to turn the other party into its own holding subsidiary, and the shares must be at least 51% to be called a holding subsidiary.
After hearing that DreamWorks made it clear that it would not seek a controlling position, Xu Sheng also softened a little. Most companies would not refuse normal investment.
What's more, DreamWorks is also a rising star in the film industry. If DreamWorks becomes Mo's shareholder, the movies that Chen Jingxing will make in the future will most likely be handed over to Mo for post-production. This is a high-quality investment that can bring resources.
Xu Sheng's expression relaxed: "We can talk within 20%."
Yang Dairong shook his head with a smile: "Mr. Xu, our DreamWorks is not a big company. We don't have so much spare money and just make financial investment in a special effects company."
Apparently, what Yang Dairong meant was that even if DreamWorks did not pursue a controlling position, it would at least become a major shareholder.
Xu Sheng prevaricated and refused: "Mo is not my company alone, if it is only less than 20% of the shares, I am sure to convince other people, but if DreamWorks wants to become Mo's major shareholder, it is basically impossible. "
Xu Sheng personally owns 43% of the shares in Mo, and the other three entrepreneurial partners together own more than 90% of the shares.
Yang Dairong naturally knows this information well, and he has long been prepared.
"Mr. Xu, don't you want to hear our valuation of Mo?"
Under Xu Sheng's noncommittal expression, Yang Dairong raised two fingers.
2000?Impossible... Could it be...
Xu Sheng couldn't control the surprise on his face: "Two... two hundred million?!"
"DreamWorks is willing to invest 8000 million yuan to buy 40% of Mo's shares. Mo can use these funds freely to purchase hardware equipment or software. For example, Mr. Xu can build his own large-scale rendering farm, or buy the Out-of-Core Ray Tracing System."
Xu Sheng could hear the sound of his heart beating.
Many large foreign companies basically have their own render farms or supercomputers, but few companies in China have such equipment.
The out-of-core ray tracing system can greatly accelerate the rendering efficiency of huge scenes.
Even though Mo belongs to a company that does not lack business, the generally low post-production costs in China allow Mo to earn profits just enough to expand the team, add common equipment, and raise wages at most. Few investors are willing to spend a lot of money into this industry.
The devilish voice continued to sound: "And DreamWorks will change the post-production visual effects contracting model, if Mo is the post-production company of DreamWorks, you will get the same treatment as the art department.
According to headcount, according to time, the crew pays the bill, whether it is a stoppage, a change of actors, a change of the script, or an extension of the shooting time, the crew pays labor services on a monthly basis.
From then on, you no longer have to rush the construction period, or even work all night. "
Xu Sheng was dumbfounded.
(End of this chapter)
"My attitude has not changed. Although our team is not many people, it has developed rapidly in the past few years. I don't have any thoughts of selling Mo now." Xu Sheng picked up a piece of hairy belly from the pot Said.
Although it is a hot pot, it is in a private room with an elegant environment and good sound insulation. This is where Xu Sheng often comes to discuss business.
Yang Dairong chuckled softly: "Mr. Xu, DreamWorks does not necessarily seek a controlling position, and we have no intention of taking the company away from you."
Xu Sheng frowned. The two people sitting opposite him were both from DreamWorks Studio. Xu Sheng was very excited when they first found them.
Of course, DreamWorks Studios knows that it is a film production company that has been in the limelight recently, and jointly produced the movie "Fatal Identity" with Huanshiwang. The most important thing is that the boss of this company is a rising like a comet. young director.
Xu Sheng's first reaction when DreamWorks came to him was that another big order was coming. After all, Chen Jingxing's first two films were low-budget sci-fi films. Presumably this is the beginning of preparations for the third film, which is very likely. It's still going to be a sci-fi movie, and there's a lot of post-processing involved.
Although such a list basically can't make much money, and DreamWorks is not the kind of big company with deep pockets, usually such a movie must be stinging money, at least it will not be generous in the post-production visual effects, but it can also give ink. Come to fame.
Although MoreVFX was established in 2007, it has only achieved a leapfrog development in recent years, and it was "The Golden Heist" directed by Ning Hao that brought them opportunities.
Through this movie, they gained fame in the industry, embarked on the fast track of development, and also gave him and several entrepreneurial partners the belief to continue to persevere.
As a cutting-edge director whose reputation is no less than that of Ning Hao, Chen Jingxing's films will naturally attract attention. This must be another rare opportunity for Mo.
Fame is really important in this industry, special effects in post-production are relatively professional, knowledgeable party A is rare, especially in the film and television industry where hot money is constantly pouring in, most customers don’t know who is good and who is bad, and fame is what wins customers the most important factor.
Well-known special effects companies are so busy with their business that they wish they could be divided into two parts by one person, while the lesser-known post-production team can be free to raise chickens.
But Xu Sheng never expected that the fat fish he thought came to him turned out to be a shark.
At the very beginning, he excitedly led two people from DreamWorks to visit the studio, showed the company's proud works, introduced the entire workflow, and wished to make Mo the number one special effects company in China, with technology comparable to Hollywood.
I didn't expect that people wanted to buy his company.
Even if Xu Shengdang resolutely refused, he might have agreed to it a few years ago. The development of ink has indeed been rapid in recent years, and the domestic film and television industry has also begun to pay attention to special effects. Xu Sheng believes that he can Grasp this outlet and take the company to a higher position.
Unexpectedly, after being rejected, DreamWorks still did not give up, and asked him to discuss project cooperation matters after two days.
Xu Sheng thought that the other party's bid for the purchase was unsuccessful, and he wanted to settle down to cooperate in the movie, but he didn't expect that he hadn't given up on the purchase plan.
DreamWorks really came here with sincerity this time. After the first purchase request was rejected, Yang Dairong also realized that the other party's attitude was difficult to soften, so he made a phone call with Chen Jingxing, thinking that it was unlikely to achieve his goal.
Chen Jingxing originally wanted to give up choosing another target, but Li Huicheng, who came to Chengdu with Yang Dairong to meet with Mo, thought that this company was really strong, and it was considered the strongest among all the later-stage companies he had worked with and contacted.
Li Huicheng was recruited by Xu Wenshen to DreamWorks. He had worked as a producer, assistant director, and film special effects supervisor, and has rich experience in working with post-production special effects companies.
One of Yang Dairong and Li Huicheng was in charge of negotiating, and the other was in charge of investigating the strength of the special effects company.
Chen Jingxing had relatively high requirements for special effects. Since Li Huicheng believed that this company was top-notch, Chen Jingxing didn't want to give up. He was going to fight for it again, and of course he had to make some concessions.
That is what Yang Dairong said "do not seek a controlling position".
Without seeking a controlling position, it is naturally not considered an acquisition.
Generally speaking, the acquisition is to turn the other party into its own holding subsidiary, and the shares must be at least 51% to be called a holding subsidiary.
After hearing that DreamWorks made it clear that it would not seek a controlling position, Xu Sheng also softened a little. Most companies would not refuse normal investment.
What's more, DreamWorks is also a rising star in the film industry. If DreamWorks becomes Mo's shareholder, the movies that Chen Jingxing will make in the future will most likely be handed over to Mo for post-production. This is a high-quality investment that can bring resources.
Xu Sheng's expression relaxed: "We can talk within 20%."
Yang Dairong shook his head with a smile: "Mr. Xu, our DreamWorks is not a big company. We don't have so much spare money and just make financial investment in a special effects company."
Apparently, what Yang Dairong meant was that even if DreamWorks did not pursue a controlling position, it would at least become a major shareholder.
Xu Sheng prevaricated and refused: "Mo is not my company alone, if it is only less than 20% of the shares, I am sure to convince other people, but if DreamWorks wants to become Mo's major shareholder, it is basically impossible. "
Xu Sheng personally owns 43% of the shares in Mo, and the other three entrepreneurial partners together own more than 90% of the shares.
Yang Dairong naturally knows this information well, and he has long been prepared.
"Mr. Xu, don't you want to hear our valuation of Mo?"
Under Xu Sheng's noncommittal expression, Yang Dairong raised two fingers.
2000?Impossible... Could it be...
Xu Sheng couldn't control the surprise on his face: "Two... two hundred million?!"
"DreamWorks is willing to invest 8000 million yuan to buy 40% of Mo's shares. Mo can use these funds freely to purchase hardware equipment or software. For example, Mr. Xu can build his own large-scale rendering farm, or buy the Out-of-Core Ray Tracing System."
Xu Sheng could hear the sound of his heart beating.
Many large foreign companies basically have their own render farms or supercomputers, but few companies in China have such equipment.
The out-of-core ray tracing system can greatly accelerate the rendering efficiency of huge scenes.
Even though Mo belongs to a company that does not lack business, the generally low post-production costs in China allow Mo to earn profits just enough to expand the team, add common equipment, and raise wages at most. Few investors are willing to spend a lot of money into this industry.
The devilish voice continued to sound: "And DreamWorks will change the post-production visual effects contracting model, if Mo is the post-production company of DreamWorks, you will get the same treatment as the art department.
According to headcount, according to time, the crew pays the bill, whether it is a stoppage, a change of actors, a change of the script, or an extension of the shooting time, the crew pays labor services on a monthly basis.
From then on, you no longer have to rush the construction period, or even work all night. "
Xu Sheng was dumbfounded.
(End of this chapter)
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