Chapter 398 Walt Disney: Good News from Heaven



Zhang Junfeng didn't care about the change in Zheng Mengjiu's expression, but continued to talk to him, "Whether Zheng Zhouyong told Zheng Mengxian about Li Mingbo's affairs or not, this is a great trick worth cultivating and using for us!"

"Now, President Meng Jiu, you have demonstrated your strength. Only you can restore the former glory of Hyundai Group. The management rights of Hyundai Construction Company are also in our hands. If we contact and negotiate with Li Mingbo, I think he will be happy to cooperate with us."

Hearing Zhang Junfeng's arrangement, Zheng Mengjiu was a little puzzled. "Chairman Zhang, for us, a small congressman is not worth our efforts to win him over and show him favor, right? Even if he is capable and came from Hyundai Group, how can he help us?"

"Of course a congressman can't help us, but what if he can become the mayor of Seoul or even the president of the Blue House? Do you still think he is not worth winning over?"

Zhang Junfeng smiled mysteriously. Not to mention that Li Mingbo himself has excellent abilities, with the strong support of some large companies such as Comet Capital, Five Star Group, and Galaxy Group, it won't be difficult for Li Mingbo to get promoted!

Zheng Mengjiu finally realized what was going on and laughed. "...Chairman Zhang is right. With the strength of our companies, it is not difficult to help him get promoted! If he really has the opportunity to become the president in the future, then the previous investment will definitely be worth it!"

Since Zheng Mengxian is incompetent, don't blame his second brother for taking over the company and the hidden "brilliant chess pieces". Only when these are in his hands can they play the greatest value!

After reaching an agreement with Chung Mong-koo, the two parties agreed to go to Lee Myung-bak's residence together this weekend, intending to use the opportunity of the visit to discuss cooperation with the other party.

The reason why the arrangement was so urgent was mainly because Zhang Junfeng wanted to support Li Mingbo as soon as possible. Although Li Mingbo might not be able to show his talents in the presidential election two years later, he must help him win the position of mayor of Seoul.

Otherwise, when Mr. Wu Xuan, who is full of malice towards chaebols and large enterprises, comes to power in a few years, their situation will become much more passive.

Although Comet Capital does not have many monopolistic enterprises under its umbrella, it has close ties with the Galaxy Group and the Five Star Group, and cannot stay out of it. It can only prepare for the future and make early plans.

SM Entertainment, office building.

Ayumi Hamasaki, who has been "studying" at SM Entertainment for more than ten days, has become familiar with many of the company's debut singers.

Especially for female singers such as Lee Hyori and Lee Jung-hyun who already have many fans and fans, Ayumi Hamasaki became familiar with them. Especially after learning about the "special relationship" between Lee Hyori and Jang Jun-bong, she showed special enthusiasm for this female singer who is one year younger than her.

"Ayu (Ayumi Hamasaki), your dancing has improved a lot recently. I think it won't be long before you can become a master. What are your plans for the future?" Lee Hyori asked the other party with some curiosity.

The company suddenly had an "exchange student" from Japan, and they were quite curious, and some even worried. After all, Ayumi Hamasaki's overall strength was good, and if she continued to develop in Korea for a long time, then their situation would be a bit bad!

Later, they learned that it was Zhang Junfeng, the big boss of the company, who was determined to promote closer cooperation between Japan's Avex Music Company and their company, SM Entertainment, and even to jointly establish a new company in Longguo. When they learned that Ayumi Hamasaki was the representative sent by Avex Music Company, their original worries were completely relieved.

Since there was no conflict of interest, they were also quite friendly to Ayumi Hamasaki, a female singer from Japan. After all, having more foreign friends was like having more connections, which might come in handy someday. ...

"I don't have any special plans for now. When I've finished practicing the dance, maybe it's time to go back to Japan, right? But before I leave... I plan to say goodbye to President Zhang Junfeng..."

Ayumi Hamasaki was a little disappointed when she mentioned Zhang Junfeng. He had not contacted her since he came to Korea. This made Ayumi Hamasaki, who was originally confident, very upset. If this continued, her trip to Korea would be a failure.

When they heard Ayumi Hamasaki mention Zhang Junfeng, several people nearby also became interested. The big boss of their company was very friendly and didn't put on airs with little singers like them. They rarely saw such a big man.

"Ayu (Ayumi Hamasaki), I'm really envious of you. You were personally arranged by Chairman Jang to come to SM Entertainment for further studies. I guess only Hyori has similar treatment~! It shouldn't be long before a new album is released after you go back, right?" The speaker is Sung Yuri from the Yearn.ff group. She has witnessed how the leader Lee Hyori has grown from a rookie to a famous singer in Korea in the past two years.

When the others heard what Sung Yu-ri said, they also nodded with a smile. They were all optimistic about her future and thought that she would be able to rise quickly in a short period of time like Lee Hyo-ri.

Hearing everyone's comments and optimism about her, Ayumi Hamasaki smiled and thanked them, hoping that it would be as they said! During these days at SM Entertainment, she really had an eye-opener. Professional dance teachers will give all trainees basic dance training, and even some singers who have debuted will discuss and design new choreography with special dance teachers, striving to show their hard-trained dance as much as possible when performing on stage.

In addition, SM Entertainment's arrangement and music are also quite outstanding. She had seen Lee Hyori and several partners singing and dancing to "10 Minutes" before, and the visual impact of singing and dancing was really quite powerful, which really shocked her.

She has been practicing dance these days in the hope that she can have another "talent" of dancing besides singing, just like the singers from SM Entertainment. Then she may be able to show her advantages among the singers under Avex Music and become the most dazzling one.

SM Entertainment, inside the president's office.

"President, Avex Music in Japan sent a fax saying that a representative will come to negotiate with us next Tuesday and sign a cooperation and joint investment agreement. Do we need to prepare in advance?"

Hearing his subordinate's reminder, Li Xiuman nodded in agreement, "We do need to prepare. Once this thing is really successful, then our SM Entertainment will be able to become the most powerful entertainment company in Asia in one fell swoop. At that time, the artists under our company will also be able to lead the trend and become superstars in Asia~!"

Whenever thinking about this, Li Xiuman, who is over 30 years old, is still very excited. When he first started his business and opened his studio, it was so difficult and bumpy. Who would have thought that he would achieve such success today? The arrival of Ayumi Hamasaki also opened up Li Xiuman's mind. Since Avex Music in Japan can send people to study here, then the singers/trainees under their SM Entertainment can also go to Japan to gild themselves and improve their own strength!

——————Dividing line——————

In the conference room of Walt Disney Company in California, USA, the arrival of representatives from JPMorgan Chase, a Wall Street financial institution, surprised them a little.

In their impression, JPMorgan Chase's businesses are mostly investment banking, financial transaction processing, investment management, commercial financial services, personal banking, etc. A company like theirs that is more inclined towards the film and entertainment industry should have little intersection with the other party.

Albus Jones, vice president of Walt Disney Company, who was present at the meeting, looked at JPMorgan Chase's representative, Li Jing, the board secretary, and couldn't help but ask, "I'm curious about why your company chose to invest in Walt Disney Company?"

Li Jing smiled and replied, "I'm afraid I can't answer this question for you. I came to negotiate with your company in accordance with the instructions of the president, Mr. Nacho Morgan. But as far as I know, a good friend of Mr. Nacho Morgan is more optimistic about the film and entertainment industry. Maybe he was influenced by him..."

Hearing Li Jing say this, Albus Jones felt that the other party was just talking nonsense. This was probably just to fool the young people. Who would take such an obviously unreliable reason seriously? As the head of a financial institution, any decision he made was carefully considered. How could he be affected by the words of someone around him? However, since the other party was unwilling to disclose it, they could only discuss the specific details of the investment cooperation with the other party step by step.

When Li Jing expressed their willingness to invest 6 billion US dollars in financing in order to acquire 40% of the shares of Walt Disney Company, Albus Jones directly rejected it.

Although the price offered by the other party is indeed quite high, they have no intention of selling the company's management rights now! Not to mention that Albus Jones, the vice president, dare not make a decision easily, even if Michael Eisner (the current president) is here, he will most likely not agree.

Seeing that his first proposal was rejected by the other party, Li Jing showed no sign of anger, but calmly said, "We at JPMorgan Chase did come with great sincerity, hoping to invest in the Walt Disney Company."

"I believe that with the addition of JPMorgan Chase, when Walt Disney Company needs capital loans in the future, JPMorgan Chase, as a 'friend', can help it easily. I think this is a win-win cooperation."

With the support of JPMorgan Chase, Li Jing has strong confidence that he can convince the other party to agree to financing and obtain a large number of shares. In this era where money is supreme and capital is king, strong cash reserves mean that they can cope with any risks and can expand their scale and seize market share at any time.

Especially for some enterprises that have difficulty in capital turnover and are short of funds, financing from third-party institutions is like a life-saving straw for them, enabling them to get out of trouble and get back on track.

Seeing that the other party was determined to invest and said that the shares were negotiable, Albus Jones was a little undecided. Although Disney's revenue has been relatively stable and has increased slightly in the past two years, competition in the industry has become increasingly fierce.

According to the recent plan of the company's top management, the Disney animated film they want to prepare will be produced using the latest IMAX technology, which means that the production cost will be greatly increased. This is also a big burden for Walt Disney Company. If the box office of subsequent films is not as good as expected after they are released, it will be difficult for them to recover the huge amount of money they invested before, and they may even lose all their money.

If they could get a lot of cash flow through financing, their film production would be much easier.

In the end, as Albus Jones and Li Jing had expected, he did not reject the financing proposal from JPMorgan Chase outright. However, as the company's vice president, he could not make a decision on the spot and needed to discuss with the company's top management before giving a specific response.

There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!

He also hoped that Li Jing could give them about a week until the company's senior management finished their discussions, and he would promptly inform JPMorgan Chase whether it agreed to the financing.

Li Jing smiled and nodded at this result. A week would not have much impact on them, and they could still wait. Anyway, the funds were in their hands, and even if the other party rejected the financing proposal, JPMorgan Chase would not suffer any losses, and they were purely the party that sat on the Diaoyutai.

After Li Jing left the Walt Disney Company, she immediately called the president, Nacho Morgan, and told him the results of the initial negotiations.

Nacho Morgan was a little disappointed that he failed to acquire Disney shares in one go, but he also expressed his understanding. He also asked Li Jing to report any important news or changes to him in a timely manner so that he could make temporary adjustments.

As the representative of this negotiation, Li Jing also fully agreed. After learning about Zhang Junfeng and Nacho Morgan's investment in Qualcomm, which made a profit of nearly 20 times, her attitude towards them changed significantly, from previous disdain to complete admiration.

This time, when Li Jing learned from Nacho Morgan that it was Zhang Junfeng's idea to invest in the Walt Disney Company, she took the initiative to take over the task of negotiating with the Walt Disney Company.

She also hopes to have a more detailed understanding of the Walt Disney Company through this action, so as to find out why Zhang Junfeng is so optimistic about this film and entertainment company?

It was just a pity that this trip to Walt Disney did not allow her to discover the special features of this company. Although the company's performance was indeed good, it did not seem to be particularly outstanding among all the film companies, and there were several other companies that could be compared with it.

In a high-end office building in Central, Hong Kong.

Ye Boyang, who successfully opened Tianfu Real Estate Investment Company, bought this newly built office building originally worth 500 million Hong Kong dollars at a 40% discount as the company's base. It can be said that he got a great bargain.

After a round of recruitment, the company's initial team was successfully built. Due to the downturn in the real estate industry, Ye Boyang also successfully took care of many experienced real estate practitioners to join.

And when they learned that this big boss from the mainland brought a large amount of capital, expressed optimism about Xiangjiang's real estate industry, and would continue to buy a large number of high-quality properties as the company's investment projects, they couldn't help but be delighted.

After all, real estate in Xiangjiang had been rising year by year before the Asian financial crisis, and the increase was quite considerable.

Unfortunately, after the impact of the Asian financial crisis, a large number of investors withdrew from the real estate market, causing housing prices to plummet in a short period of time. Even after a few years of buffering, housing prices are still in a depressed state.

"Mr. Ye, according to our analysis, the current value of real estate investment in the Central and Western District, Wan Chai District and the Eastern District is higher, and after the previous financial crisis, the depreciation of housing prices is also higher." Xu Junyou, the experienced head of the investment department, suggested.

Hearing Xu Junyou say this, the others nodded in agreement.

As one of the earliest developed areas in Hong Kong, the Central and Western District is dominated by commercial buildings, banks and government agencies, and is the commercial and financial center of Hong Kong. Wan Chai District is a fusion of the essence of old traditions and new developments, and is one of the areas with the longest history and most traditional cultural characteristics in Hong Kong. The Eastern District is the main concentration of Hong Kong's human resources, attracting a large number of high-income people.

These areas not only perform well economically, but also have significant advantages in education and employment. For example, the Central and Western Districts have the highest labor force participation rate and a higher median monthly household income, which shows the economic vitality and high income level of residents in these areas.

Of course, the quality of schools in these areas is also relatively high, and they can provide a high-quality Chinese-English bilingual teaching environment, providing good educational resources for the citizens in the area.

Listening to his subordinates' analysis and unanimous opinions, Ye Boyang nodded in agreement. After determining the area worthy of investment, he quickly issued the latest instructions, asking them to investigate and sort out mid- to high-end residential communities, shops and office buildings with good geographical locations and convenient transportation, as well as a large number of supporting parking spaces.

After the detailed information collected is summarized, these will become the main targets of the next acquisition by their Tianfu Real Estate Investment Company.

After hearing Ye Boyang's "arrogant" order, everyone's face showed a long-lost smile.

As working people, who among them, who have experienced the financial crisis and layoffs, would not want their company to be strong? Although the real estate prices in Hong Kong have plummeted, the funds needed to carry out a large-scale acquisition as the other party said would be an astronomical figure. But Mr. Ye acted so calmly, obviously he had amazing financial resources and did not take the acquisition expenses too seriously! (End of this chapter)


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