Li Xianyun and Zheng Honghui talked for a whole day.

A day later, the two sides finally reached an agreement.

Shengyun Film invested in Xinlai Company with a valuation of 60 billion yuan, and the two parties signed a bet agreement.

The agreement stipulates that Shengyun Film Group actually invested 12 billion yuan and owned 20% of Xinlai Company's shares.

The first condition for betting is the priority clause for equity dividends: starting next year, Xinlai Company must ensure a net profit of no less than 1 billion yuan per year, and the profit is preferred to pay Shengyun Film, and the first year must be 2 billion, followed by 1 billion yuan per year.

In other words, if Xinlai Company only makes 2 billion yuan a year next year, then all of these 2 billion yuan are Shengyun, which is Shengyun's guarantee. Only the extra part will be distributed according to the equity ratio. If it is not achieved, it will be supplemented by Yisheng Media.

This clause ends when Shengyun Film receives 6 billion dividends.

The second gambling condition is the step-by-step clause: with 5 billion sales and 1 billion profits as a step. For each step, Yisheng Media automatically obtains 2% of Shengyun's shares in Xinlai. The step-by-step clause is seven levels. When Xinlai Company reaches 35 billion sales and 7 billion profits, and Shengyun Film has a total revenue of 8 billion in the past years, it retains 6% of the shares.

The change in equity will be followed by subsequent capital increase.

The third condition for betting is the debt clause: Before completing the guarantee of 6 billion yuan, Xinlai Company Wusheng Cloud Film allows it to not have more than 100 million yuan in liabilities and cannot guarantee any enterprise or individual.

The fourth condition for betting is the reciprocity clause: Shengyun Film and Xinlai Company signed a promotion cooperation agreement. Shengyun Film will use its own platform to promote various promotions for its figure platforms, including the name of sponsors. At the same time, Xinlai Platform will also promote films and television produced by Shengyun Film, and market performance is bargaining based on investments from all parties.

The fifth condition for betting is the copyright authorization clause: Xinlai Company can obtain non-exclusive development rights for all copyrighted works under Shengyun Film for free. It would be good if it could be free, so don’t think about it exclusively.

The sixth condition for betting is the capital increase clause: Shengyun has the direct veto power for all equity modifications caused by the merger of capital.

In addition, there are a series of various agreements, including guarantees, caps, repurchases, and incentives. There are countless details below, and almost all the rules and regulations are stated, including equity, debt rights, various priorities, etc.

Basically, it is to highlight one word: stability!

The condition given by Li Xianyun is that I guarantee that you will not lose money in this investment, but you basically don’t want to make a profit.

But this is just a contractual manifestation.

In fact, the platform will definitely develop, but investment will definitely lead to losses!

The guaranteed agreement is just to make the agreement look fairer, reasonable and legal. The real problem lies in operation.

Like reciprocity terms!

Shengyun Film is a big film industry, and Shengyun’s sponsorship and promotion are still very valuable.

What is your figure platform at this stage? It is also worthy of reciprocity with Shengyunti?

This is where the profit lies.

In addition, copyright is free authorization, which is also a large amount of income.

Through this approach, Li Xianyun could easily get 12 billion in advance to continue capital operation. In the end, he would return 12 billion to you, and only this 12 billion may have to be given seven or eight years.

But why did Zheng Honghui accept it?

In addition to selfishness, there is another very important factor, which is that it is indeed beneficial to the stock price.

Yes, this investment that is destined to lose money is good for the stock price!!!

And it's a big benefit.

The reason is very simple, because the money invested is called investment, and the money obtained is called profit!

Profit is an important foundation for supporting market value.

Give an example.

Your company makes an annual profit of one billion, lists at 40 times PE, releases shares for 50%, and obtains 20 billion in financing.

Then you take out 10 billion to invest, and the remaining 10 billion will be put into your pocket through other methods.

And this investment of 10 billion yuan is invested in a company with an annual return rate of 10%, and it will return 1 billion yuan every year.

In this way, your business will make an annual profit of 2 billion, right?

You see, you made a profit of one billion yuan in the year, but after you went public, you took the funds to invest, but now your annual profit has become two billion yuan. What does this mean?

It means that it is worthy of the investors!

It means that the company is growing healthily!

But investors don’t know that there are various terms behind this 10 billion investment. If all terms are triggered in ten years, the equity will become worthless, and the foundation of 10 billion is not even worth one billion.

To put it bluntly, it means getting back a 10 billion investment in ten years and making a profit!

This is the number game.

Your 40 times pe means that you will recover your cost for 40 years. If you play with you for ten years, you will have huge operating space.

As for ten years later?

hehe.

The boss has guaranteed you that you have made a profit for ten years, what else do you want?

Be kind!

That's it.

Shengyun invested 12 billion yuan in exchange for a profit of at least 1 billion yuan per year. According to various terms, after Shengyun got back 12 billion yuan, its equity will become minimal, and in fact it cannot even be kept at 6%. During this period, this money was used for free by Li Xianyun and there was no need to pay interest.

For an entrepreneur, if you choose between 12 billion and 10 years of free use, you will basically choose the former!

Because for them, as long as this one hundred and twenty billion is operated well, the value created in ten years is more than six billion, and the impact is even greater.

Not only that, Li Xianyun also needs to make a big fuss through reciprocity terms. The things in the reciprocity terms are like page resources. You can say that it is valuable or that it is not valuable.

It will not even be cost-effective, and there will be no big losses to Shengyun Film, but if you have to calculate the actual value, it may be as high as billions.

So using 12 billion for free and adding a lot of free promotion is the actual benefit Li Xianyun has gained - there is still a bottom line, because he did not cheat at least this 12 billion principal.

If it were another boss, this one hundred and twenty billion might give you two billion, which would be a conscience.

For Shengyun, the biggest advantage on the surface is that in the next few years, Xinlega River Travel can give Shengyun a stable profit guarantee of more than 3 billion yuan, and with this stock price and market value, it will be able to stabilize.

The more practical advantage is the discount issue.

But discounts of up to 75 billion cannot be handled by an investment of 12 billion, so a series of side agreements such as the Cultural and Tourism Industrial Park are also required.

——————————————

After a long negotiation, the plan to establish a cultural and tourism industry group was finally reached under multi-party competition.

The newly established cultural and tourism group is named Jianglu, with Jiang Zheng as the chairman and CEO, and is integrated into a group enterprise with the cultural and tourism industry as the main body, with many scenic spots such as the Ghost City and the Underworld.

The Cultural Tourism Group raised 18 billion yuan in capital at a valuation of 180 billion yuan, diluting 10% of its shares.

The fundraising of 18 billion yuan was the responsibility of Yuezhou, a brother city designated by Jiangcheng.

Of course, the Yuezhou government would not directly take out the money, but would directly take out a piece of undeveloped 20,000 mu of land, which was developed by Jianglu Group, and also provide various discounts in land price conversion, taxation, demolition, construction, etc.

From the perspective of the municipal government, this land is not my money-making goal. It is more meaningful to drive urban development and increase tax revenue. Besides, Jianglu Group has developed so well, and it is indeed profitable if it invests in the stock itself.

In addition, Yuezhou is also in southern Jiangsu Province, which is relatively close to it, with convenient management and travel. You just need to consider business issues. You can still make money when you develop here.

As for Li Xianyun, don’t think about the development of the national tourism economy. Just make the tourism economy in southern Jiangsu Province well. The country is concerned about the country. If you can make the tourism economy in southern Jiangsu vigorous, you will make a great contribution.

In addition, even Jiang Zheng and Li Xianyun are going to separate.

When a company is big, there is nothing that can be separated.

There is only the difference between friendly division and unfriendly division.

The most valuable thing in Yisheng Group is Yisheng Studio and Cultural Tourism Industrial Park, both of which have an annual income of 10 billion yuan and have huge growth potential. The third place is Yisheng Brokerage. Yisheng Brokerage has become a big shot in the film and television industry. There are about ten first-tier artists under its ranks and nearly 10 third-tier artists, which are even better than the film industry dominance. It’s not that there can be more, but that the public can only accommodate so many people... I can’t love it.

These artists can bring nearly 7 billion yuan in revenue to Yisheng Media every year, and they are still growing.

Then there are companies such as Yisheng's later period, Yisheng Propaganda and other companies, which have a combined revenue of about 3 billion yuan.

Together, the Yisheng Group headquarters will make an annual profit of about 32 billion yuan, which is valuated ten times, at a valuation of 320 billion yuan.

In addition, there are three major parts: Genting Group, Xincheng Group and Shengyun Film. Genting shares are worth 100 billion yuan. Xincheng has a large scale and a lot of debt. Now it can be calculated from 800 to 100 billion yuan. After Shengyun is inflatable, 28% of the shares can also be calculated from 70 billion yuan. In addition, the discount demand there can also be calculated from 140 billion yuan. However, the discount will be cancelled after the contract is re-signed, so the actual valuation is about 100 billion yuan, and the two will be about 250 billion yuan.

Then there is Linglan. Linglan is now worth 42 billion yuan, Yisheng has more than 10 billion yuan, and Xingsheng Cinemas Xunjie platform Xinya Fengshe Qingyun and other investment directions, which are all calculated based on 80 billion yuan.

Finally, it is estimated that the total value of Yisheng Media is about 650 billion yuan, and Li Xianyun's actual stock price for Jiang Zheng is calculated at 700 billion yuan.

After the agreement between the two parties, Jiang Zheng gave up his 11% stake in Yisheng Media Corporation and the board of directors, retaining only 8% as a pure shareholder, and personally obtained 55% of Yisheng Media's shares in Jianglu Group. In addition, Chaoshen Technology retains Jiang Zheng's shares. This is not to make money, but to have a new technology industry. Jiang Zheng can still intervene, which is also what Li Xianyun promised.

The total value of the equity that Jiang Zheng gave up was about 77 billion yuan, while the equity value obtained was about 99 billion yuan, and it seemed that he had made more than 20 billion yuan.

But considering that Yisheng Media still has huge growth potential, it is actually a loss.
Chapter completed!