Hong Kong Stubborn - Chapter 116
December 12th was the day when Luo Junyan’s companies year-end summed up and celebrated.
The red envelopes issued by various companies to their employees this year are full of weight. The achievement of the desired results in 1992 was not only the credit of a few managers, but naturally they could not be rewarded verbally. In short, after the banquet, everyone was smiling.
The rental income of the Snowman Times Building in 1992 reached 33 million Hong Kong dollars. The milk powder money in the couple’s private account made up a total of 53 million, which still paid 12 million Hong Kong dollars for the island escrow fee to the United States.
Luo Junyan felt that “Qinghuan Island” was about to become a place of pure spiritual sustenance. It may not be possible to stay for a night in a few years, but it is still not possible to watch it run down and keep people locked up for life.
Prior to this, Huang Jiaju had gone to Japan to develop, and the electronic music studio had his loyal fans, and he was also an electronic music enthusiast who wanted to buy it. Luo Junyan has no feelings for cleanliness, and the money given can impress him, then he can be sold. As a result, a villa in a remote location was sold for 15 million Hong Kong dollars.
On December 19th, “Legend of God of War” was screened on the Oriental Snow Country Cinema, and the film was handed over to the distribution agency of Snow White Knight.
As a result, I ran into the “Wu Zhuangyuan Su Qier” screened on the Jiahe Cinema line, so you don’t have to expect a box office of 30 million Hong Kong dollars. Stephen Chow’s outburst year was not for nothing.
At the beginning of the schedule, there was a huge gap. “Legend of God of War” is so lazy that I can retreat while fighting. The new movie “The God of Car” screened on Xinbao Cinema directly kneels. This new film starring Ren Dahua and Carina Lau can be regarded as untimely.
Luo Junyan also attended several propaganda activities, anyway, let’s do everything he wants. He was attending the “Legend of War” event here, and he was actually thinking about the screening of “Sin City IV: The Dark Throne” in various markets in Asia.
The power of big cast production is unparalleled. This film is a collection of most of the top stars of Xiangjiang. Since its release in other cities in mid-December, the box office has been trending like a rocket sounding, and it has soared so fast that other films are beyond the reach.
Before New Year’s Day, the tax payment and dividends of the Baixue Group companies have been completed. The performance reports were all placed on Luo Junyan’s desk. Luo Junyan looked at the reports, feeling happy.
The annual net profit of the Oriental Snow Country Cinema in 1992 reached 112 million Hong Kong dollars, and now there is a huge sum of 140 million Hong Kong dollars in the account.
According to the agreement when the Oriental Film Company became a shareholder, no dividends will be distributed during the first year of operation of the theater. At that time, I was worried that paying the property rent for the next year would take out the cash. Not only did I not take the time, but a huge amount of cash was left.
Snow Knight’s annual net profit was 67.25 million Hong Kong dollars, Hu Xin’s personal dividend was 3.36 million, and the balance of funds in his account was more than 84 million. This year’s profits are all supported by the income of the foreign markets. Next year, there will be no foreign distribution income of the “Sin City” series, and the situation will be quite embarrassing.
There were more than 37 million Hong Kong dollars left in the Snowman Century Entertainment account, and Luo Junyan gave Bian Sicong a bonus of 2 million. At that time, he used the company’s profits to pay 12 million Hong Kong dollars more to Du Shunlian. He certainly couldn’t let his brother-in-law suffer a loss, so he first made up a small amount of money to make up the whole number of 2 million.
The production company can legally deduct a lot of taxes, but the book profits are limited, and the profits tax has not been paid much. Luo Junyan is more satisfied with this point, everything is legal, and the money is comfortable to hold.
Snowman Times Media has achieved a positive result this year, with a net profit of nearly 41 million Hong Kong dollars. Of course, there are 8 million big celebrities paid by Luo Junyan in disguise. Lu Huaxue received a bonus of 2 million, and there was a working capital of HK$59 million in the company’s account.
Yuyuan Entertainment’s profits in 1992 were also exceptionally high. The movie market is booming, and celebrities are even more favored by the rich. In addition to the implementation of the introduced strategy this year, many entertainers from Taiwan, Southeast Asia, Japan, and South Korea have applied to become members, and the number of wealthy foreign clients has also increased.
Although the accounts have not been completely closed for audit this year, there is definitely a net profit of over 100 million yuan. Gray profits are always higher than white profits, and sometimes even exceed black profits. This is determined by the customer’s target group.
The Star Club hosted by Xu Jinheng officially opened on Christmas Day. The name is “Canglang Pavilion”. The opening ceremony was full of rich and famous people.
Luo Junyan has already exhausted his mind to delay the opening of “Canglang Pavilion” until the end of the year. A lot of business will be robbed next year. At that time, he can only take one step at a time and look for flaws.
Jin Zhehe can only observe this time. Now that he is the main spender, don’t think about dividends for the time being.
Luo Junyan still proposed a full dividend this year, and the funds of each subsidiary still retain 20 million Hong Kong dollars. This guy is not a qualified businessman, he wants to keep his money in his hands, and never thinks about reinvesting to make more money.
Snow Knight’s distribution company may need higher funds next year, and it needs to buy out Hollywood films. But the money that can be collected in the final chapter of “Sin City” will be a lot of money, and it will definitely be enough for Hu Xin to go shopping in Hollywood.
Brother Cheng has no opinion at all. Why don’t you look forward to dividends every year after such hard work? He is not a commercial hero. Besides, several shareholders of the company under XJ International Entertainment Media have no salary. If there is no dividend, it will affect Cheng’s purchase of antiques and car exchanges too much.
So before New Year’s Day, XJ International Entertainment Media’s account was cleared again, and the huge sum of up to 239.5 million Hong Kong dollars was all given to 4 shareholders. Luo Junyan and his wife received 203 million Hong Kong dollars, Cheng Cheng received 24 million Hong Kong dollars, and Loméz received 12 million Hong Kong dollars.
After the New Year’s Day holiday, the auditing of the accounts of the “Yu Yuan” began immediately, and the net profit for the whole year of 1992 exceeded RMB 8.6 million in addition to RMB 100 million. Luo Junyan got 54.3 million, Huo Wenxi got 5.43 million, and Chinese Homes got 48.87 million.
When the annual report of Chinese Land in March is released, it is estimated that many people will have to be tempted to open a star club.
The personal account of Luo Junyan and his wife is as high as 261.7 million Hong Kong dollars, and 50 million Hong Kong dollars have been allocated in advance to Korea Construction Building. Luo Junyan is already the well-deserved richest man in the celebrity circle of the entertainment industry. Brother Fa and Brother Long can’t really compare with him for more money.
The husband and wife are very busy at work and have to take care of their two children. They don’t have the energy to think about investment, but this huge sum of money can’t just lie in the bank account.
Luo Junyan unexpectedly adopted the same financial management method as Lomitz, negotiated directly with the HSBC counter department, and deposited 200 million Hong Kong dollars on a three-year period.
The bank’s annual interest rate for negotiated deposits is 12%, and the three-year interest income is 72 million Hong Kong dollars. The interest rate this year is really high, and that is 200 million Hong Kong dollars, so you can open a branch with this deposit.
The person in charge of HSBC’s counter department thought Luo Junyan was a fool, and bought a house with this huge sum of money, and the lowest return in a year could reach 20%. If stocks are traded, it is possible to double it.
But letting you talk in Chinese and English, your speech was so utterly mad, and your mouth was dry. Luo Junyan completely ignored his recommendation and insisted on saving it regularly.
Of course Luo Junyan would not tell him that this is a dowry for his daughter. If nothing else, it would have to be kept for a period of two to thirty years.
On January 6, 1993, “Legend of War God” was released ahead of schedule, and the box office was only 12.4 million, and the producer only got 3.72 million Hong Kong dollars. Luo Junyan also mourned for a few seconds, hoping to recoup his capital in the foreign market, but it is not easy to recover more than 10 million in the foreign market.
Snowman Century Entertainment will also make a new movie after the new year starts. Luo Junyan, Bian Sicong and Cheng have to sit down and discuss.
Luo Junyan is now classified as an action movie star, but he really doesn’t want to make an action movie anymore. It wasn’t the real kung fu he had practiced since he was a child, and it was too reluctant to shoot. In the last two parts of “Sin City”, to be honest, he felt that he was dealing with it.
In this era, star transformation is not so easy. It is difficult for the audience to approve of Long Ge to make romance films, and Zhou Xingchi can not please make meaningful films. However, other than comedies that Xiangjiang can sell at high box office are action movies. If you don’t chase the hot spots, you are going against the trend. Anyway, Brother Cheng can’t think of a suitable script for the time being.
Luo Junyan learned his lesson through “The Legend of God of War”, regardless of the hot market, there are still many movies on the street. He would rather be steady now and think more about everything. Making money is getting harder and harder, but losing money is a matter of minutes.
On January 16, “Wu Zhuangyuan Su Qier” was finished before the Spring Festival stall, with a box office of 37.42 million Hong Kong dollars. One of Jiahe’s adventures was regarded as a bet win. It not only made money but also established Yongsheng, killing two birds with one stone, but this time it was Ouyang Ke who shot the arrow.
The 1993 Spring Festival file opened the curtain, this time Luo Junyan can only be a bystander.
The Oriental Snow Country Theatre is showing “Happy Anniversary in Flower Field” produced by Oriental Film Company. Jiahe is showing “City Hunter” starring Long Ge. Xinbao Cinemas screened the movie “Playing Back to School: Three Dragons Over the Year of the Rooster” produced by Yongsheng and starring Stephen Chow. The Golden Princess screened “The Resurrection of Invincible East” starring Brigitte Lin and Joey Wang.
There is also a movie “The Legend of the Condor Heroes: The East and the West” jointly produced by Zedong Film Company and Taiwan Scholar Company. Zedong Film Company was founded by Wong Kar-wai. This film obviously borrowed from the idea of ”Sin City IV: The Dark Throne”, which is to add stars to Riga.
“The Legend of the Condor Heroes: The East becomes the West” is jointly screened by Oriental Snow Country Cinema Line and Xinbao Cinema Line. During the Spring Festival, only these two films were shown on the Oriental Snow Country Cinema Line. If the number of theaters is not enough, high-quality film sources will not be available. Others will not intentionally let you use one-third of the theaters for double-screening.
In addition to obtaining the agency distribution rights of “Happy Anniversary in the Flower Field”, the Snow Knight Distribution Company only got “New Meteor Butterfly Sword” produced by Changhong Film and Television. Changhong Film and Television was created by Wu Dun from Taiwan, or Yang Dengkui helped to introduce it.
Hu Xin pushed the “New Meteor Butterfly Sword” to the Golden Princess Cinemas to be screened, so that there can be more screenings, and you can’t just throw all the good dishes on his own plate.
On New Year’s Day, Brother Cheng went to the theater to watch a movie, “Farewell My Concubine” made in the mainland. “Farewell My Concubine” invited Brother Rong to perform, and the Hong Kong box office won 9.15 million Hong Kong dollars. For mainland films, this is a pretty good result in Hong Kong.
Luo Junyan also went to the Oriental Snow Country Theater to watch “Happy Anniversary in Flower Field” and “The Legend of the Condor Heroes”, and went to Hung Hom Stadium to listen to Andy Lau’s concert.
Brother Zhi and Brother Chang, who hadn’t been in contact for a long time, both met out for a drink. Everyone is still talking and laughing, but now that the identity gap is too big, there will be such an invisible barrier.
If money is considered a good thing, then if you get good things, you will naturally lose other good things. God is still very fair. This kind of fairness is based on the fact that his old man clearly knows how everyone defines the good and bad of everything in his heart. The person involved may not be clear in his heart, and may only understand after gains and losses.
Luo Zhiqing and Luo Zhiyuan could talk indistinctly, and now it is Luo Shaotang who takes more time to take care of them. Taking advantage of his free time recently, Luo Junyan often took them out to play, and his father yelled more clearly so that Luo Junyan had a good show off in front of sister army.
Occasionally, let the footsteps stop, sitting and looking at Yunjuanyunshu, the physical and mental feelings will be different. In short, Luo Junyan felt very comfortable, the anxiety and urgency turned into flying smoke, no longer entangled in his mind.
During this period, Snowman Century Entertainment invested in Qiu Litao’s three-level thriller crime film “The Eight Immortals Restaurant Barbecued Pork Buns”. The director Qiu Litao can get 200,000 film remuneration plus 5% of the local box office dividend.
The film invited Li Xiuxian, Huang Qiusheng, and Guan Baohui starring, and Bian Sicong personally took the role of on-site producer. The total investment of the film is controlled within 2 million Hong Kong dollars.
In mid-to-late February, the films released on the Spring Festival stalls were released one after another, and the overall box office this year has fallen.
“Happy Anniversary in the Flower Field” won the Spring Festival stall with a box office of 35.48 million Hong Kong dollars, which was unexpectedly upset.
“The Legend of the Condor Heroes: The East becomes the West” won a box office of 22.38 million, of which the Oriental Snow Country Cinemas sold 15.03 million. Long Ge’s “City Hunter” won 30.76 million box office. Brother Xing’s “Playing Back to School Three Dragons for the Year of the Rooster” won a box office of 25.77 million.
The worst was “The Resurrection of the Unbeaten Orient” screened at the Golden Princess Cinemas, which had a box office of only 11.25 million Hong Kong dollars. No matter how big the female celebrity group is, it still can’t get the box office. This curse cannot be solved.
Fortunately, the Golden Princess Theatre exclusively screened “New Meteor Butterfly Sword” during the same period, and the box office exceeded 9.17 million Hong Kong dollars.
This Spring Festival stall is still the Oriental Snow Country Cinemas line occupying the top position in the box office revenue, with a total of 30.31 million Hong Kong dollars at a time, which is really more and more jealous.
But then, the movie market immediately entered the period of Golden Princess Cinema Line and Jiahe Cinema Line Ssangyong Opera Ball. The Golden Princess Cinema line relied on Jet Li’s “Huang Feihong Three Lions for Hegemony”, and the Golden Princess Cinema line also relied on Jet Li’s “Fang Shiyu”, which almost grabbed all the box office of this period.
For the first time in the Oriental Snow Country Cinema, four consecutive films were released in advance, and the highest box office was only more than three million. It wasn’t until the end of March that “Rose, Rose, I Love You” starring Leung Ka Fai and “Once and Feihong Vs. Huang Feihong” produced by the Oriental Film Company began to be screened.
The Xinbao cinema line also only relies on a “Three Heroes of the Wind” to support the scene. A large number of other independent theaters are miserable, and it is estimated that they will lose money for two or three months in a row.
After all, Li Lizhen chose to star in the Fengyue film, and “*****” starring her was also screened online in the Oriental Snow Country Theater. This film was produced by the Oriental Film Company.
At this time, the Oriental Snow Country Cinema Line is considered to be full of three movies in the same period. This time it was really supported by the Oriental Film Company. If Huang Baiming had not been dragged into the car, the theaters would be worse than those independent theaters.
The situation for Snow Knight’s distribution company is equally grim. Among the films released by the agency, “Life is Happy” only sold for more than 500,000 Hong Kong dollars at the box office, and the distribution cost of the income was far from the cost of developing the copy.
And Hu Xin has received notice from Oriental Film Company. After Snow Knight Distribution Company distributes the “Li Luofuqi Case” as an agent, Oriental Film Company will cooperate with its own distribution company, and Oriental Film Company’s films will not be available in the future.
Luo Junyan did not interfere with the management of the companies this time. Now that the president has been appointed, he must act as a decision maker and have the ability to stand alone.
And it is not a bad thing to encounter a crisis, otherwise it is difficult to mature, and if you lose too much money, you can slowly deduct it from the annual shareholder dividends in the future.