Star Shine Cinemas has a debt of over 2 billion yuan. Does the auctioneer have to pay for it all?
Holy crap, that's awesome!
My brother just likes things that cost money.
Lin Wanqing was an actress and is quite familiar with the film and television industry, so buying it as a gift for her is perfect.
If we were to re-invest in this film project, the money spent and the money to absorb the 2 billion yuan debt could generate at least 1 billion yuan in personal wealth cashback rewards.
Li Yi was excited; he had to acquire Star Shine Cinema!
The host continued, "Ladies and gentlemen, Star Shine Cinemas owns 806 directly operated cinemas with 7,260 screens across China. These cinemas are located in major cities nationwide, providing audiences with convenient viewing options. In addition, it also owns 300 asset-light cinemas with 1,800 screens. It also has a cinema chain in Australia, currently operating 60 cinemas with 520 screens. This further demonstrates Star Shine Cinemas' presence and influence in the international market. Ladies and gentlemen, although Star Shine Cinemas has over 2 billion RMB in debt, it remains a huge and high-quality asset. The auction will now begin, with a starting price of 1 billion RMB and a minimum increment of 5 million RMB. Please place your bids."
As the host finished speaking, a brief silence fell over the auction hall.
Everyone was stunned by the enormous number and the potential debt, and no one immediately made a bid.
Li Yi looked at Lin Wanqing and asked, "Wanqing, what do you think of Star Shine Cinema?"
Lin Wanqing was slightly taken aback, clearly not expecting Li Yi to suddenly ask for her opinion.
She quickly gathered her thoughts and answered seriously, "Star Shine Cinemas was once a leader in the domestic film and television industry, possessing a vast cinema network and a loyal audience. Although it is currently facing some difficulties, even a weakened giant is still a giant, and its brand value and market potential cannot be ignored. If you have sufficient funds and resources to support its restructuring and operation, I believe it is entirely possible for it to regain its vitality. However, there is another possibility, which is that it will continue to lose money."
Upon hearing this, a hint of appreciation flashed in Li Yi's eyes, and he smiled, "It seems you have quite a bit of insight into the film and television industry. How about I buy it and give it to you? What do you think?"
Lin Wanqing: "Huh? You're buying it for me? No way! I'm over 2 billion in debt. If I take it, it'll kill me!"
Li Yi: "No need! Problems that can be solved with money aren't problems at all. Let's just decide on this amicably. I'll take the bid, and it's yours."
Lin Wanqing was somewhat puzzled. Wasn't she his kept mistress?
Why are you spending so much money on me?
Lin Wanqing couldn't understand it!
Is it worth it?
Li Yi: "Of course it's worth it! You're a filmmaker! Didn't I say before that I'd help you get back into the film industry? What if other theaters won't show your movies? If we have our own theaters, wouldn't that solve the problem?"
Lin Wanqing was taken aback upon hearing this.
She didn't expect that Li Yi would keep his word. She thought he was joking, but she didn't expect that he was really thinking about making a movie for her.
Lin Wanqing looked at Li Yi, and at that moment, she felt that Li Yi's image had become much more imposing.
This man is not good with words, but he takes action.
And they always spend big money!
So much courage, so much masculinity!
Lin Wanqing's affection for Li Yi increased again:
[Target: Lin Wanqing: Affection +5]
Current favorability rating: 65 points
A favorability rating of 65 points already indicates a good friendship.
Li Yi smiled inwardly. Women just love to hear nice things. He had only used his words and hadn't even actually bought it for her yet, but she was already moved.
So, women keep saying they want to find an honest man to settle down with, but in the end, the honest men are all left behind.
Because women are emotional creatures, they love to hear sweet words.
Honest men don't know how to use sweet words to make girls happy.
It's no wonder they're left behind!
Li Yi then asked her, "How much do you think is a reasonable price to buy back the Star Shine Cinema?"
Lin Wanqing: "Star Shine used to be good, but now it has more than 2 billion in debt. I think it's enough to buy it back at the reserve price."
Li Yi looked at Zhao Qingya on his left and asked, "Qingya, what do you think?"
Zhao Qingya: "?????????"
Zhao Qingya was already completely bewildered.
What's the situation with Li Yi?
He gave me gifts, and now he's giving gifts to the beautiful woman on his right. What is he thinking?
Has he got so much money that he can just give it away?
"Refined and elegant!"
When Li Yi saw that she didn't respond, he called her again.
Zhao Qingya then came to her senses and said, "Ah? I also think the reserve price is fine. After all, there are still a lot of debts to deal with if we take it back."
Li Yi smiled and said, "No, I think 10 billion is appropriate."
"Ten billion? Are you kidding me?"
"Exactly, no one's making any bids, how could it possibly be worth 10 billion?"
Li Yi smiled without saying a word, thinking to himself, it's not about whether it's worth 10 billion, but rather that I've finally found a big project and I must seize the opportunity to spend more money.
The atmosphere at the scene was somewhat cold.
The host asked everyone to place a bid, but no one did.
"Let's pull it off, no one will be filming at Star Shine Cinema!"
"Exactly, wouldn't taking pictures just be asking for trouble?!"
"Star Shine will definitely not sell!"
Everyone thought that no one would participate in the bidding.
The host, instructed by the leadership, prepared to withdraw the auction of Star Shine Cinema from the sale due to failure.
"Gentlemen, since no one has made a bid, then..."
At this moment, Li Yi raised his paddle and announced loudly, "Who says no one is bidding? I bid 10 billion!"
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