Hong Kong Stubborn - Chapter 129
On December 10, “Sweet Honey” was drawn offline, and the final box office result was 60.77 million Hong Kong dollars.
This was a warm breeze in the cold current, which gave those suffering in the circle a shot of stimulant, and Luo Junyan also locked the position of the annual box office champion again.
The repeated seesaw negotiations on the purchase price of cinema chains have also accelerated the progress as the box office of “Sweet Honey” exceeded 60 million Hong Kong dollars. The pre-tax income of the Oriental Snow Country Cinemas in 1995 has reached 221 million Hong Kong dollars. Now there is still a Christmas and New Year’s Day double festival schedule. Such performance can no longer be lowered by the expected poor performance.
On December 12, Oriental Film Company finally bid 850 million Hong Kong dollars to take over all the shares in Luo Junyan, army sister and Luo Meizi. The price is not high, but if the original shareholder Oriental Film Company takes over, the transfer and handover will be much simpler, and it can be completed in one month.
The Oriental Film Company can enjoy the huge profits of the theaters this year. In fact, it is equivalent to investing 600 million Hong Kong dollars to buy 70% of the shares of the Oriental Snow Country Theater. The overall valuation of the Oriental Snow Country Theater exceeds 1.2 billion Hong Kong dollars. This business is to lay a solid foundation for its plan to go public within two years.
The last screening contract signed by Sister Army on behalf of the Oriental Snow Country Cinema is “Ten Brothers” produced by Zhang Min. It is estimated that Zhang Min intends to change the theater line to transfer the gas. If the box office is not good again, she will not be able to invest in new films. The artist’s money is not made by the wind, and she really can’t afford it.
Both the Snowman Times Building and the Oriental Snow Country Cinema Line have to go through nearly a month of formalities, changes and handovers, all of which are handled by large lawyers. After the contract is signed, the transaction payment can be obtained first. Luo Junyan only cares about this, and he can leave Xiangjiang calmly when the money is obtained.
On December 20th, Luo Junyan and his wife received all the money for the sale of the property and the shares of the theater in their private account, totaling 1.93 billion Hong Kong dollars. Lomézi’s account received 170 million Hong Kong dollars for the sale of the theater’s shares, and her value rose immediately.
Luo Meizi has been successfully produced in the United States, and Luo Junyan has a fat nephew.
It is necessary to wait until all matters here are handled before the Luo Junyan family can rush to the United States to visit. As a result, Luo Meizi would not let them go to the United States. After New Year’s Day, she and Bian Sicong would return to Xiangjiang with their children, and they had to pay homage to their father before the Spring Festival.
After the New Year’s Day holiday in 1996, Luo Meizi and his wife returned to Xiangjiang with their children and visited Luo Shaotang’s grave for a sacrifice. Luo Meizi’s child was named Bian Shaojie. He was a little thin, but he was not afraid of strangers. Luo Zhiqing and Luo Zhiyuan sisters used him as a toy, and he didn’t cry.
On January 11, “Ten Brothers” was finished, and the final box office was 10.41 million Hong Kong dollars, and Zhang Min was able to get a box office share of 4 million Hong Kong dollars. This result does not have to go to the market in other cities. The box office income of the local city must be a loss. Zhang Min said goodbye to the production industry in a flash.
Sister Army officially withdrew from the theater on January 15, and the Oriental Snow Country Theater was renamed the Oriental Theater on the same day. Oriental Snow Country Film Investment Company was also split into two independent companies. Sister Army is still the president of Snow Country Film Investment Company, but Snow Country Film Investment Company has completely transformed into a shell company.
This year’s summary meeting for the companies under the Snowman department was much simpler and much deserted.
“Sweet Honey” has long been finished in other cities. Japan, South Korea, Taiwan, and Southeast Asia have a total box office of 84 million Hong Kong dollars.
For the current production in Hong Kong, this is already a pretty good result. In addition to the box office revenue in the local market, Snowman Century Entertainment has recovered a total of 44.7 million Hong Kong dollars, net profit of 31 million Hong Kong dollars after deducting costs and taxes.
At present, the balance of funds in the Snowman Century Entertainment account is more than 87 million Hong Kong dollars. “Sweet Honey” is really sweet.
Snow Knight Film Distribution Company’s book net profit is 36.3 million Hong Kong dollars, and the current balance of funds in the company’s account is 48.8 million Hong Kong dollars. The agency box office in the out-of-town market is divided into HK$12.6 million, which will not be available until the end of the year. Instead, it is necessary to advance the box office in the out-of-town market to 21 million Hong Kong dollars in advance to Snowman Century Entertainment.
Luo Junyan decided at the meeting that the Snow Knight Film Distribution Company will no longer implement the policy of pre-paying box office share from February 1996. At this time, he is ready to run away at any time. Naturally, he must put risk reduction first. There is no need to make wedding dresses for others. Moreover, good films in the local market really cannot get the agency distribution rights.
The Snowman Times Media is basically out of service, and it is currently investigating the technology network market, with a huge amount of 175 million Hong Kong dollars lying in its account.
South Korea’s Silver Snow Throne Entertainment Company has invested a total of 70 million Hong Kong dollars, and the balance of funds in the account is now 34.5 million Hong Kong dollars. This performing arts base has been in operation for almost two years, but it is still losing money. Brother Cheng, Huo Wenxi, sister, and brother-in-law have all gone to help adjust, but the effect is not significant.
There are more than 25 million Hong Kong dollars left in the account of the Gemini Digital Special Effects Company in South Korea. Will and Allen have a good reputation in the American film circle and signed a few small contracts for American films.
The cost of producing special effects in Asia is much lower than that in the United States. The profit margin of the CG special effects business is very high. Although all small orders are received, the pre-tax profit was almost HK$15 million in the year of opening. Once the team has run in and enters a mature period, the efficiency of making money will be higher. When the demand for special effects in Asian movies increases, the advantages of Gemini’s digital technology and team will be more obvious.
For digital special effects companies, Luo Junyan will not be a layman to lead an expert, and he will not blend in with specific business, but he remembers Apple Computer in the United States.
Will and Allen are enthusiastic fans of Apple computers. This time they purchased a special customized computer of the PowerMAC series, which cost more than 17 million Hong Kong dollars for a hundred computers. At this moment, Luo Junyan already believes that this computer company is a very profitable company, and in short, it must be more profitable than making movies.
Luo Junyan would not know that Apple Computer is now on the verge of bankruptcy. The Gemini digital special effects order can make Apple brag about it for a while, and there is no profit at all.
This year, Luo Junyan did not pay dividends immediately. The equity incentives must be put in place, and no longer set the conditions for the number of years. Because once it involves an acquisition, it will cause a lot of unclear troubles, how to confirm the early investment? How will the income after the acquisition be distributed? Will the shareholders of each subsidiary feel unfair?
Luo Junyan simply cut across the board. The company was originally a grass-roots team, and it didn’t make sense to think too much. At the same time, he also needs to keep the company stable even after he leaves. The money can’t just go to his own pocket, and everyone can make money.
Every person in charge of the subsidiary has changed into a minority shareholder of the subsidiary a year ago, and can truly exercise the rights and interests of shareholders.
In the early days of the Snowman Times Media was led by Brother Cheng, so the acquisition funds could not be retained, nor could all be counted as Lu Huaxue’s merits. Luo Junyan decided to leave an initial fund of 50 million Hong Kong dollars this time, and also issued a dividend of 2 million Hong Kong dollars to Lu Huaxue, and transferred the extra 123 million Hong Kong dollars to XJ International Entertainment Media as the profit attributable to the parent company.
Lu Huaxue has no objection on this point. She has only taken over the Snowman Times Media for more than two years, and now the benefits allocated to her are large enough. Besides, Brother Cheng told her very clearly that the technology network media platform will be a broader stage in the future. Even if Brother Cheng did not talk to her, Lu Huaxue would not have any fluctuations in her heart. Brother Cheng has long been her life path. Beacon.
Bian Sicong also belongs to the management right to take over the Snowman Century Entertainment midway. For the sake of fairness, this time only the initial capital of 50 million Hong Kong dollars was retained, and the extra 37 million Hong Kong dollars were transferred to XJ International Entertainment Media as the profit attributable to the parent company.
As a result, Hu Xin voluntarily asked for the initial capital to be reduced to 50 million Hong Kong dollars. After all, the Snow Knight Film Distribution Company used a large amount of the company’s funds for turnover at the beginning.
Of course Luo Junyan couldn’t ask for it. Snow Knight Film Distribution Company also transferred out 32.4 million Hong Kong dollars, and only 16.4 million Hong Kong dollars remained in the account. After the accounts receivable arrived, it was exactly the initial fund of 50 million Hong Kong dollars.
South Korea’s performing arts base has invested a lot in infrastructure, and there is no need to pay attention to equalization. Gemini has just opened its business, and there is no talk about sharing the spoils.
After this change, all subsidiaries will be responsible for their own profits and losses in the future and will no longer be confused. If it is necessary to increase capital and shares, the small shareholders will either pay for it or the equity will be diluted.
In addition, Huo Wenxi is still assisting in the management of artists in South Korea. Luo Junyan will respect her personal opinion in which direction she wants to develop. But at present, it is necessary to avoid the limelight of public opinion and cannot appear in Xiangjiang for nearly a year.
XJ International Entertainment Media received 192.4 million Hong Kong dollars, all of which was used for shareholder dividends. Luo Junyan and his wife got 163.54 million Hong Kong dollars, Cheng Ge got 19.24 million Hong Kong dollars, and Lomez 9.62 million Hong Kong dollars.
Today, Luo Junyan and his wife have 2.263 billion Hong Kong dollars in their private accounts. Before New Year’s Day, Luo Junyan sent 20 million Hong Kong dollars to the United States with a wave of his hand, and asked the island management company to refurbish the embankment of “Qinghuan Island”.
At the same time, HSBC’s first three-year deposit expired and transferred 272 million Hong Kong dollars to Luo Junyan’s private account. There was a huge amount of cash of 2.535 billion Hong Kong dollars in the accounts of Luo Junyan and his wife.
Luo Junyan felt like a dream. In 1979, he still dreamed of earning 1 million. Now that 1 million Hong Kong dollars is placed in front of him, his eyelids are too lazy to move.
Sister Army wants to change Luo Junyan for a car. It turns out that her Toyota is already a classic car, and it will break down on the road from time to time, which will affect work efficiency. Luo Junyan considered it for a while and thought that his wife was right, so he decided to buy another Toyota.
Luo Junyan’s stingy name is well-known in the circle. His monthly expenditure can’t keep up with Mui Yanfang’s one day’s expenditure, and he is also a pure alien in the Xiangjiang wealthy circle.
Sister Army studied investment management in the United States. This time, she and Luo Junyan registered a Wind Snow Giant Asset Management Company in the U.S. Virgin Islands and set up a Wind Snow Giant Trust Investment Fund, which can legally avoid taxes.
XJ International Entertainment Media is registered in the British Virgin Islands, but the confidentiality of assets is not as good as that of the U.S. Virgin Islands. Offshore investment must be unconscious, at least not easily exposed.
Through several US-funded banks, money can be easily transferred into the account of Fengxue Giant Asset Management Company, and at the same time, offshore accounts can be established by trust funds for foreign investment. These are all operated by the army sister. In short, just transfer the money out first. Luo Junyan will have a huge sum of money due next year.
In February, Luo Junyan and his wife took their daughter to Kuang Meiyun’s wedding. Kuang Meiyun is their godmother, and the two daughters will be flower girls together.
The wedding of Kwong Meiyun and Lu Liangwei was very grand. A total of more than 40 tables were held at the Regent Hotel. Most of the friends in the circle attended the wedding banquet.
During the wedding banquet, Luo Junyan looked at the rushing guests, suddenly a little dazed.
In a blink of an eye, it has been 15 years since he entered the entertainment circle, and it can be said that his lucky value is the best in the Xiangjiang entertainment circle. Those big stars who needed to look up at the beginning have to take the initiative to greet them when they see themselves. Luo Junyan has also practiced assiduously with that standard smile.
Luo Junyan suddenly felt very frightened, and gave birth to a feeling of incomparable height, it seemed that everyone close to him was hiding his mind and purpose as he did before.
Imagine that Luo Zhaohui has become arrogant and arrogant now. Isn’t it because the people around him are deliberately trying to kill him? Even Luo Junyan himself was also one of those who used Li Jiaxin to provoke right and wrong behind his back, in order to grab a fortune of hundreds of millions.
Luo Zhaohui became a Chinese meal today, and that Luo Junyan himself would not be the meat in the pot tomorrow. Which people around you can really trust? Sister Army, Brother Cheng, sister, brother-in-law, other than that, it seems that there is no other friend who can entrust important affairs without reservation.
After returning home that night, after Luo Junyan put her daughter to sleep, she told her worries to sister army.
Sister Army lay in his arms and said: “The world is full of benefits, and the world’s hustle and bustle are all benefits. Husband, unless you go back to the mountains and live a life of isolation, as Brother Cheng said. Can’t escape world disputes, fame and fortune, and deceit. In fact, even if you completely live a life of idyllic seclusion, can you rest assured? The tigers hiding in the deep mountains and forests are not hunted clean as they are.”
Luo Junyan nodded thoughtfully and said, “Everyone is not guilty, and he is guilty of his crime. Originally, I only wanted to make money, but I made a little more money, but it became the biggest sin.”
Sister Army said: “If we only have 100 million, that’s okay. If we have billions, then we will become a thorn in the eyes of others. With billions, you can do many things and ruin the good things of many people. Once you accumulate tens of billions of dollars, it will threaten people’s status. In this world, the desire for power is more maddening than the desire for wealth, and power is the foundation of wealth.”
The more Luo Junyan thought about it, the more headache he got, and then asked: “Wife, then what are we going to do?”
Sister Army thought for a while, and said, “Then let’s try to gain a good reputation. Uncle Six did not do this. Husband, I still have my old ideas. If I want to get long-term benefits, I can’t just gather wealth and stay away. The idea of wealth. If you gather for a while, but you can’t gather for a lifetime, even if you transfer all your money out, it will still circulate in the human society. What is the fundamental difference between the United States and Hong Kong. With a good reputation, they betray you internally and attack you externally. Your costs will increase a lot.”
Luo Junyan felt reasonable and said, “Then we also go to the mainland to donate to build a school?”
Sister Army said: “I have been raising funds for the Tianyuan Juncai Educational Charity Fund to maintain its operation. This time we donate to the out-of-school children in mainland China in the name of the fund, just like the children of Zhiqing and Zhiyuan. This will not It is criticized that our donation has a utilitarian purpose, and I really want to help children as old as them.”
Luo Junyan thought that her daughter could enjoy a worry-free life and receive a good education from an early age. When she was a child, she and her elder sister both taught their knowledge privately by their parents.
Whether the donation theory is an honorary amulet, or it is to accumulate virtue and do good, at least it is a good deed, which is much more valuable than the pornographic tapes he recorded, so he nodded in favor of sister army to do it.