Let’s talk about the biggest business miracle in China in recent years.
One cannot do without Xiaomi’s seven-word strategy: focus, excellence, reputation, and speed.
The youngest Fortune 500 company in history is Xiaomi Group.
In just less than three years, Xiaomi mobile phones have become the top three in domestic sales.
Such influence is absolutely beyond imagination.
In sharp contrast to Xiaomi, Jia Yue has stopped developing Resight.
Before 2016, Jia Yueting had a smooth career in the capital market.
Not only did it build a market value of over 100 billion yuan for Reshi Video, it also made inroads into mobile phones, television, sports and various other areas.
Among them is the blockbuster movie "The Great Wall" which caused a sensation in the entertainment industry.
Jia Yueting has also been named the business tycoon with the fastest growing wealth in the past two years.
Even according to Forbes' rankings, his personal wealth has reached nearly 100 billion.
His business miracle cannot be described in a few words.
He came to see Huang Zhongshi for only one reason: Tencent Entertainment was developing too fast.
No matter how powerful Huayi is, a lean camel is still bigger than a horse. For him, only by promoting cooperation between the two companies can they jointly fight against Tencent Film Entertainment's extreme influence in the film and drama sectors.
If I were to say what quality Jia Yueting admires most, it would definitely be his empathetic storytelling ability.
What Huang Zhongshi lacks most now is cash. After all, a bank mortgage loan of more than 2 billion yuan is about to expire.
In addition, there are various debts that come to him at the first opportunity. He must raise 3 billion funds as soon as possible to break the siege of Tengying Group.
Unfortunately, Jia Yueting looked at him sincerely, and the solution he finally proposed was a share swap.
What it means is to exchange shares of Reshi Group for Huayi Group.
Huang Zhongshi's face changed on the spot, and in the end no one knew how he was persuaded by Jia Yueting.
He actually took out 20% of Huayi shares in exchange for 8% of Reshi shares.
After the two of them established cross-holdings, Jia Yueting suggested that if he was really short of money, he could use his Reshi shares as collateral for a bank loan.
With the current share price of Reshi, it is very easy to mortgage 8% of the shares for more than 2 billion.
This may be the reason why Huang Zhongshi agreed to exchange shares with him.
It’s a pity that he still underestimated Chen Pingsheng’s determination to completely kill him.
…
January 6, 2017.
Just three days after New Year’s Day, Chen Pingsheng did not return to Shanghai, but stayed at the Hong Kong headquarters.
After he returned all the money to Guo Ziyi, the mortgage on the Xiangjiang headquarters building and four super storefronts was also taken back.
However, we still had to pay 300 million in interest, which is very low in an emergency situation.
After the Huateng battle, he also began to frequently contact the four major giants in Hong Kong.
The main thing is to understand foreign investment and the economic situation in Southeast Asia.
Just when he was having a pleasant chat with Guo Ziyi and others, his secretary Xu Jing suddenly came over to report to him.
"Uncle Chen, Jia Yueting has completed a share swap with Huayi, and Huang Zhongshi is using this share to apply for a mortgage loan from a bank."
"Jia Yueting?"
Chen Pingsheng was slightly stunned, but he quickly figured out the key point. Lao Jia has been telling stories with a few PPTs over the years.
Use the financing money to carry out projects everywhere.
Basically, they all suffered huge losses, and he himself was extremely unreliable.
Apart from a mouth, there is nothing good about the business operation.
Reshi’s business is so large that it looks more like a Ponzi scheme.
So far in China, anyone who runs a business like him is basically a scammer.
It shows that all kinds of stories are being told, but assets are being transferred privately.
With the release of Wolf Warrior 2, it can be confirmed that Tengying Entertainment will soon take over Yuan Huayi's position.
In order to secure his position as the top overlord in the entertainment industry, Jia Yueting jumped out at this time. In addition to wanting to obtain Huayi shares, he also wanted to use Huayi resources to improve the status of his Reshi Video in the entertainment industry.
To put it bluntly, it means that the former second-in-command took over.
The third brother began to pull the down-and-out eldest brother together to target him, the current boss.
The idea is good, but unfortunately, the heat vision itself is just a plug in the funnel.
He had investigated Thermal Vision a long time ago and said that it was more likely someone's big glove than a business miracle.
Thermal vision is used specifically to extract cash assets, as for the new energy vehicles that Jia Yue stopped.
The idea is nice, but in reality it is just an advanced tool for openly transferring assets abroad.
From the beginning, Thermal Vision was a glove company through and through.
"Has Jia Yueting solved his own problems?"
Chen Pingsheng complained, "Arrange a few people abroad to report his new energy vehicle manufacturing as a typical shell company. Also, find some newspapers in China to publicly expose his asset transfer."
"Only China has the most complete industrial chain for new energy vehicle manufacturing. Among so many emerging car manufacturers, he's the only one to build a factory in the US. Isn't this a clear attempt to transfer assets?"
No matter whether it can be found out or not, just make the news bigger.
Huang Zhongshi's attempt to apply for a mortgage loan through the exchanged Reshi shares will be shattered.
He said that he would hold on to the bank loan first, as for the thermal vision side.
Tengying Group has already made its words known. If Reshi dares to interfere at this time, we can only fight together.
Tengying Group has long since embarked on its own global journey through Xinteng Youxuan, and it must have some resources both at home and abroad.
It is very simple to arrange a few real-name reports.
However, if real-name reporting is to be influential, it must be arranged together with the news media.
Almost as soon as the foreign report was arranged to be reported in the news in the morning, domestic media received the news in the afternoon.
In the evening, a series of news reports about Reshi’s asset transfer began to appear in the media.
They didn't even use the word "suspected", but directly said that it was transferring assets.
If the media dares to report this way, they either have some crucial evidence or they must bear great responsibility.
There are many types of so-called transferred assets.
The first thing to be reported was the internal problems of Revision.
Like Tengying Group, Reshi is a super large cross-industry group.
And it has more than just one or two projects under its umbrella.
As long as so many projects are financed separately, they are equivalent to independent projects.
For example, investor A invested 100 million yuan in thermal televisions, but Jia Yueting secretly transferred 30 million yuan to his new energy vehicle manufacturing during this process.
This is called embezzlement of public funds because the car factory is built abroad.
It can also be called asset transfer.
It is obvious that the investor's investment in another project will be transferred to the new energy vehicle manufacturing industry abroad.
This is undoubtedly a crime and extremely irresponsible to shareholders.
If this point of Jia Yueting's is verified, his Thermal Vision Building will basically face the crisis of collapse.
He doesn't need to attack anymore.
As for whether he can still stay in the country, it depends on how big the hole he has created is.
According to his understanding, once thermal vision is checked, it will basically be like a fuse.
Unless someone above wants to protect him.
(End of this chapter)
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