China Entertainment: Starting from 07 Kuainan

Chapter 415: Where to go public?

Five p.m.

A long red carpet has been laid out at the entrance of the Mangrove Multifunctional Convention and Exhibition Center. This is not a red carpet ceremony, it is just for appearance.

Currently, no hotel in Sanya can independently host an annual meeting for around 2000 people.

Because no hotel has the space to accommodate 2000 people.

Therefore, the annual meeting of Xingchen Group is not held in a hotel, but in a convention and exhibition center, and the dinner catering service is also co-operated by several hotels.

As a well-known enterprise in the country, this annual meeting is not only related to the hotel and the contractor, but also the local officials of Sanya attach great importance to it.

Starting at five o'clock in the afternoon, there was a lot of traffic outside the convention and exhibition center.

Although it is only the group's annual meeting, it is also a huge vanity fair. In addition to the celebrities who took the initiative to invite, there are also some stars who have crossed the sea to show their talents and get a ticket.

of course.

The person responsible for co-organizing the annual meeting also knew that Lu Yuan didn't like that, so he didn't dare to mess around.

There were only twenty or thirty partners invited to this annual meeting.

If you do it too much, it will deteriorate the annual meeting. Then the big boss will blame everyone, and everyone will be left with nothing to eat.

Star Media Zone.

Artist table.

The trio of Liu Shishi, Tang Yan, and Damimi Fairy Sword reunited. The former came with Cai Yinong, and the latter was invited by Damimi.

Nearly two thousand people gathered together, and the scene was really crowded.

Seeing so many people, both Liu Shishi and Tang Yan, were very surprised.

They knew that Lu Yuan had several companies under his name, spanning the three major fields of film, television and music, but they didn't know exactly how many people there were.

After all, the companies under Lu Yuan's name are unlisted companies and have no obligation to make announcements.

"Mimi, how much will it cost for so many people to come to Sanya?"

Tang Yan secretly came closer and asked in a low voice.

"I don't know the specifics, but it's probably tens of millions."

Damimi didn't care much about these things and just listened to the assistant mention it.

When the company announced that the annual meeting would be held in Sanya, employees went crazy privately, so she only knew a rough idea.

Upon hearing this number, Tang Yan's pupils suddenly trembled.

Although Fairy Sword 3 made her famous, tens of millions is still an unattainable number.

On the side, Liu Shishi's ears pricked up, and he was secretly shocked when he heard tens of millions.

A lot of pennies.

No wonder Sister Cai told herself to keep in touch with Damimi and move around more.

the other side.

Guo Jingfei, who just signed a contract at the end of the year, also intuitively felt the strength of the new club for the first time.

After searching domestic private film and television companies several times, I can’t find one with more employees than Star Media, right?

Even though Huayi, Huace, and Chengtian are all clamoring to go public, once the company's financial statements are turned over, there are only a few hundred core employees.

Hce, which went public last year, hit a record low. Among all listed film and television companies, Hce has the smallest number of employees, with only 40 employees paying social security benefits.

Yes.

You read that right, 40 people, not 400 people.

Yes.

Even if "Snow Leopard" was lost, it did not affect Hce's road to market.

Whether there is "Snow Leopard" or not, is it important?

Not critical!

H Ce was not the main controller of "Snow Leopard" in the first place. His investment ratio in the previous life was only 30%. Losing this small investment share does not matter.

First there was this pile of vinegar, and then there was this plate of dumplings.

No matter if it’s beef, mutton, pork, or some kind of meat-filled dumplings.

It's not critical.

As long as you have dumpling wrappers.

at the same time.

People sitting at the main table also talked about plans to go public. Star Media's performance is so good, it would be a pity not to go public to make a fortune, no, not to go public to raise funds.

Once listed, with the ammunition provided by the stock market, Star Media will definitely develop faster and better.

By the way, the shares in their hands will also be more valuable.

Faced with this topic, Lu Yuan did not shy away from talking about it.

Going public was originally his planned route.

The difference is just where it's listed.

A shares?

Hong Kong stocks?

Or US stocks?

Without the interference of foreign capital, Big A is undoubtedly more comfortable and better protected, but Big A also has shortcomings and extremely high entry barriers.

With three consecutive years of profitability, Star Media must have met the standard.

But in some places, it doesn't quite meet the regulations.

Big A values ​​the sustainability of profits, and movie box office is full of uncertainty. One day it will be high, and tomorrow it will be bloody, just like a woman's heart, it is unpredictable.

Such private film and television companies with fragile revenue and large market fluctuations are not very popular with big A.

Therefore, if he wants to go public as soon as possible, Lu Yuan may have to choose between Hong Kong stocks and US stocks.

Compared with the two, US stocks may be a better choice. Because of Magnesium Group, Sequoia Capital took the initiative to contact Lu Yuan.

Sequoia Capital has been actively contacting Star Media. The reason is simple.

Come for profit.

Invest, then go public and cash out.

The parent company behind Sequoia Capital is America's Sequoia Capital, which was founded in the 70s. Apple, Cisco, Oracle, Google and other American star companies are all projects incubated by Sequoia Capital.

Domestically, Internet companies such as Ali, Lefeng, Jumei, Dianping, Magnesium Tuan, Ele.me, and Ganji also have Sequoia Capital behind them.

Strictly speaking, the film and television industry is not Sequoia Capital’s main investment target.

The Internet is.

But I can’t stand that Xingchen Media is too profitable.

The latest market value of Huayi Brothers is 90 billion. Although it is not as good as the 127 billion at its peak, anyone with a discerning eye knows that Huayi is a thing of the past.

The future leader of a private film and television company should be Star Media.

Once Star Media is listed, what will its share price be?

Ten billion is just the beginning.

Twenty billion is not a dream. Such a high valuation is 80% due to "Source Code" and "Now You See Me".

However, although he has an intention, Lu Yuan has not yet decided where to launch the product.

Even if he is a major shareholder and has absolute controlling rights, he must take into account the opinions of shareholders and company executives.

This is not about one person, but a group of people.

If some obstacles can be cleared, Lu Yuan will definitely choose to list on the A-share main board.

But the motherboard is really difficult.

Even a giant like China Film Group has had many twists and turns on its road to listing. For a company like Star Media that does not have "hard power" shareholders, the difficulty will only be even greater.

After all, the influence of Chinese culture and China Film is limited to the film and television circles. When it comes to the financial circle, it is nothing.

There is no comparison with the Celestial Dragons.

The capital market is the real gold mine.

Real estate and film and television companies are incomparable to the financial industry.

Financial Magic, First Class.

Huli.com, real estate, second class.

Other industries, third class.

Lu Yuan's bitterness is only classified as a third-class person. First-class Tianlong people look down on him, and those who like him have to worry about the influence.

(End of this chapter)