Chapter 992 Equity Transfer
Who could give Richard and his agency the confidence to confront He Lushen and even Maria head-on?
The answer is obvious. Ji Qiansong, who has been silent for a long time, has made another move. In fact, he has never stopped his sinister plan. He suppressed the shares of Jintao Group, forcing the father and son of the Tao family to empty their family assets to buy back the shares held by the major shareholder, which directly led to the Tao family being seriously injured and has not yet recovered. People who often pay attention to financial news can find that the stock price of Jintao Group has been at a relatively low level since the Spring Festival this year. Even if there is a market, the increase is very small.
Tao Zhiwei's current style of doing things is more conservative and low-key. His last public appearance was at the premiere of "Dreams of the Late Ming Dynasty". After that, he frequently traveled to various mineral resource countries and rarely stayed in the capital.
Although Ji Qiansong's acquisition plan was a failure and the final result was not what he wanted, and he himself lost a lot of money, but at least the Tao family would not be able to compete with him in the short term, and the overall strength of the Jintao Group had shown signs of falling behind that of the Xinji Group.
Ji Qiansong's second failure was that he entered the film and television industry and spent tens of millions to invest in "A Love So Beautiful". He also used his connections in the upper class to get a weekly drama registration. In the end, all the money and connections were wasted, making him a laughing stock.
He was very annoyed. It was Yu Feng who instigated him from the beginning to the end and led him into the trap!
Ji Qiansong didn't understand the entertainment industry. His original plan was to use his daughter to slowly immerse himself in this circle. The equity of Jintao Group was relatively unified, with most of it concentrated in the hands of the Tao family father and son. However, Huaguang Media was different. Since it was listed relatively early, its equity structure was quite complicated. Not only were the major shareholders not united, they also had complaints about the He family's control, and there had been constant open and covert fighting over the years.
Ji Qiansong believed that as long as he could deal with the major shareholders of Huaguang Media, the company would naturally fall apart. It was much easier to deal with the He family than the Tao family. He first asked someone to make a connection with Yu Feng, one of the shareholders of Huaguang Media, and Yu Feng introduced Cai Henian to him. What happened afterwards was just as described above. The three people each had different selfish intentions, and their interests were not unified, so they could not work together, and finally collapsed into a mess.
The one who suffered the biggest loss was Ji Qiansong, who lost all his investment in "A Love So Beautiful", and Ji Qingqing's steps into the entertainment industry also came to a halt. In order to make his daughter famous, he also spent nearly 10 million yuan on publicity.
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At that time, Yu Feng had already surrendered himself, and Ji Qiansong found Cai Henian and asked him how to deal with the matter - because the director of "To the Beautiful" was Cai Henian's nephew, and Cai Henian was the beneficiary. He bluntly said that the investment money was used in all aspects of the crew and could not be returned.
This was the truth, but Ji Qiansong thought Cai Henian was lying. He was very angry and threatened Cai Henian that if he didn't compensate him for his losses, he would make Cai Henian disappear from the entertainment industry. Cai Henian was really scared during those days. Ji Qiansong was definitely capable of banning him.
After much thought, he came up with a solution - to take out 100 million from the box office profits of "Cang Yun Sword" and give it to Ji Qiansong as investment capital and interest.
At that time, Cai Henian was very confident about the box office of "The Blue Cloud Sword" and thought that it would be no problem to reach 3 billion. If we calculate it at 3 billion, the theater company will take 60% of the share in the end, and deduct other expenses such as production costs, publicity costs, production and distribution costs, and taxes, the actual net profit may be around 500 million. This money will be divided between Cai Henian and Yu Feng according to the investment ratio. Cai Henian will get 300 million and Yu Feng will get 200 million.
Cai Henian had a good idea. He would bear the 100 million yuan compensation. After all, Yu Feng took all the responsibility and took the blame for them. Anyway, even if he lost 100 million yuan, he still had 300 million yuan. If the box office was higher, his profit would be higher, so he would be content.
As a result, the facts were contrary to his idea. "Cang Yun Sword" only earned 1.4 billion yuan at the box office. People who did not know the truth thought that it was enough. Excluding the above expenses, Cai and Yu could only get more than 200 million yuan.
Cai Henian's own income was just over 100 million yuan. If he compensated Ji Qiansong with 100 million yuan, wouldn't he only earn a fraction of that? He was psychologically unbalanced, especially when he had already lost his reputation and became notorious. He cared about every penny because he might never be able to make a movie again in the future and he had to save the money for his retirement.
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