Chapter 889 Huge Compensation
Qiu Jing and Tao Zhiwei left in two separate cars, and Qin Zhan was in Qiu Jing's car.
Qin Zhan was very stubborn at first, with the arrogance and stubbornness of a young man. No matter how Qiu Jing asked him, he took the attitude of "one person does one thing and one person takes responsibility for it" and refused to admit that someone was instructing him. Anyway, things had come to this point, and he was not afraid of boiling water. Qiu Jing was furious, but there was nothing she could do about Qin Zhan. They couldn't call the police to investigate this matter.
Back at Galaxy Building, Qin Zhan was immediately taken to Qiu Jing's office. After Tao Zhiwei received Yu Zhan's call, he immediately asked Qiu Jing for the artist contract signed with Qin Zhan. Although Tao Zhiwei invested in Galaxy Film, he did not care about the company's specific affairs at all and rarely appeared in Galaxy Building. All his responsibilities were fully handled by his sister. He did not even know how many artists the company had signed.
He read the artist contract from beginning to end. There was a breach of contract clause in the contract that any contracted artist, including Qin Zhan, who behaves in a way that is detrimental to the interests of the company must compensate Xinghe Company double the actual losses caused to Xinghe Film and Television.
Tao Zhiwei is a man who values words like gold. He doesn't waste time talking to trash. He asked his secretary to copy this page of the contract, and then threw it directly in front of Qin Zhan, saying coldly, "The company's premiere process details do not include Jason Harmer's appearance on stage. You added it on your own initiative. In this case, you should bear Jason Harmer's appearance fee, which is estimated to be 20 to 30 million US dollars."
Qin Zhan's pupils dilated slightly and he looked at Tao Zhiwei with a dull expression.
Not to mention Qin Zhan, Qiu Jing was also very surprised, 20 million US dollars! The total investment of "Late Ming Dynasty Dream" was only 70 million RMB, which also included more than 10 million RMB to compensate for the fire reconstruction of the film and television base. How can the publicity cost be twice the cost of film production!
Tao Zhiwei sneered in his heart. This guy does things for money. Doesn't he have "professional ethics"? He wants to see if "professional ethics" is worth 20 million US dollars! When Yu Zhan told Tao Zhiwei on the phone just now that they might have to pay such a large sum of money, Tao Zhiwei was also shocked.
The Tao family is not in a good financial situation now. Since the price of Jintao Group in the secondary market has been falling continuously since the New Year, the financial report of Jintao Group in the first quarter of this year is not good. The reason for the decline is not only because of the black material that Ji Qiansong spread on the Internet in the name of his daughter - rumors will only affect for a short period of time. The real reason for the substantial impact on the stock price is that two major shareholders suddenly began to sell off their shares in Jintao Group in large quantities to cash out.
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It's not that shareholders are not allowed to cash out, but collective selling in a short period of time will inevitably cause a sharp drop in stock prices and cause panic among other small and medium-sized investors, who will follow suit and sell their stocks, directly causing the name of Jintao Group to be on the limit-down list for three days, which is unprecedented. Tao Zhiwei immediately contacted the two major shareholders and asked them why they were in a hurry to sell. One said that he urgently needed funds for the operation of his own company; the other said that he did not want to invest in domestic companies anymore and would immigrate overseas after cashing out. However, this was only a superficial reason. Tao Zhiwei also had his own informants, who told him that the two major shareholders had recently met with Ji Qiansong and had frequent contact.
Moreover, Ji Qiansong is buying a large amount of Jintao shares which have fallen to the lowest point.
Tao Hejin was furious when he learned about this. Ji Qiansong must have noticed his and He Huaguang's intentions and planned to treat them the same way. Tao Hejin said to Tao Zhiwei at the time, "We must not let Ji Qiansong succeed! We must hold our shares in our own hands."
Tao Zhiwei also thought so. Once Ji Qiansong's shareholding exceeded 10%, he could enter the board of directors; if it exceeded 20%, he could influence his decisions, and the consequences would be disastrous. Therefore, the Tao family father and son took out all their own liquid funds and made a deal with the two major shareholders - buying all the remaining shares in their hands, cutting off Ji Qiansong's delusion of trying to control Jintao Group, and resolving the crisis without any danger.
But correspondingly, they were also extremely poor.
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