Chapter 951 The capital chain is tight
Xu Yuan acquired so many theaters in the United States this time, and the total cost is expected to exceed US$700 million. All the money is paid by Jade Fund, and she is almost emptying her old foundation.
(Don’t get me wrong, Chen Xia is not a “Wang Xiao Target”. The money for acquiring theaters is all owned by their own funds, but it is not loaned by a bank, so he refused to be investigated.)
However, Chen Xia has really not much money now. She bought the Crystal Production Line in Xiangjiang, and the Crazy Country has acquired the second largest theater, all of which are large investments.
If it weren't for the first-class profitability of several branches of Four Seasons Group, he would have really reached the point of selling gold reserves.
"Auntie, the size of 550 cinemas in our hands is how much smaller is the AMC that ranks first?"
Xu's mother looked through a bunch of information and said: "AMC currently has a total of 620 cinemas and about 3,800 screens. Our gap is not too big."
The three largest theaters in Mold Country account for about 55% of the annual box office, which can be said to be in an absolute advantage.
But if the three major theaters are separated, no one can monopolize the entire theater market. This is also stipulated by the anti-monopoly law of the bad country. If anyone monopolizes, he will be in trouble next.
Chen Xia nodded after hearing this. He couldn't monopolize anyway, but it wouldn't be a big problem for you to be the first, right?
"Aunt Xu, we have acquired Regal Cinemas and Small Cinemas. Let's stop for the time being. What we need to do most at the moment is to manage the cinemas in our hands first, upgrade what should be upgraded, and expand what should be expanded.
In addition, Regal Cinemas originally focused on the high-end coffee house of the cinema, and the bookstores were cut off. Let’s focus on the film broadcasting industry and don’t do so many fancy things.”
The old shareholders of Regal Cinemas eventually went bankrupt. One of the main reasons for selling the Cinemas was that there was a problem with their positioning.
Cinemas are originally places for fast food consumption and popular entertainment venues.
However, the old shareholders of Regal Cinema want to let the cinema take the high-end route. Not only is it decorated very luxuriously, it also provides luxurious cafes, bookstores, etc., and invests a lot of money.
It is conceivable that a movie ticket may cost a few dollars, and the audience will leave after watching it, making it easy.
Which audience would drink that kind of coffee that costs dozens of dollars a cup? Isn’t it delicious for a popcorn Coke package for $2?
Similarly, who would come to the cinema to have coffee and talk about life style? Is this a matter of lowering your style?
Cinemas are not a lucrative industry, and with the huge losses caused by the Coffee House Bookstore plan, the old boss couldn't stand it anymore, so Chen Xia targeted him and bought it.
So Chen Xia must cut off these flashy "coffee house plans", focus on cinema construction, buy more theaters if you have money, and strive to become the largest theater in the United States as soon as possible.
Xu's mother did not refuse this suggestion. She visited it on the spot and knew how detrimental this coffee plan was.
But she didn't expect her son-in-law to stop expanding. She was originally unwilling to accept that Chen Xia had not achieved the greatest success in the United States.
"Xiao Xia, have you encountered difficulties in funding recently?"
I have to say that the old lady is smart and can see the problem at a glance. This is exactly the type of woman Chen Xia is most afraid of, which will leave him without any hiding.
"Aunt Xu, my capital turnover is temporarily problematic. I just invested in several crystal production lines in Xiangjiang, and I also had to invest in the construction of several new major projects, which directly consumed all the working capital in my hands.
But don’t worry, the operations of various branches of the Four Seasons Group are very smooth and the profits are quite considerable. I don’t want to affect their production, so I didn’t withdraw funds.
In addition, this year, I authorized the patents of 5 antibiotics to more than ten foreign companies. It is estimated that the patents of all drugs will be more than US$3.5 billion, and the distribution of jade funds will not be less than US$500 million. Don't worry."
This reassurance must be given to Xu's mother. If the old lady thinks that her son-in-law has no money, it will easily cause unstableness.
Chen Xia was also careless. After all, he was not a businessman and could not calculate financial accounts.
The mainland is carrying out four four-season center projects and two four-season hospital projects. The money for buying land and infrastructure costs exceeds the original plan of HK$3 billion, which is estimated to reach HK$5 billion.
Although the construction fee is not a one-time payment, your land transfer fee must be paid in one-time, right?
In this way, a large amount of funds of Siji Group were trapped in this infrastructure project.
In addition, he built a new "medical device branch" in Tsuen Wan, Hong Kong, and planned to produce and export various laminoscopic surgical instruments, various auxiliary examination instruments, etc. with high technological content in Hong Kong in the future.
The cost of building a factory in Xiangjiang is much higher than that in the mainland. In addition, the purchase of various fully automatic production lines and the expensive land transfer fees will be thrown out more than 1 billion Hong Kong dollars at once.
If we only reach this point, the Four Seasons Group's own funds and the "private money" in Chen Xia's hands are enough to support it, and it is more than enough.
As a result, he was very dying and launched another "Crystal Factory Plan". After throwing out more than 2 billion US dollars, it was really a damaging move.
How much money is there? Chen Xia never likes to borrow money and doesn’t like to go public to make money, but this time he had to consider mortgage lithography machines and borrow money from the bank.
Otherwise, I would be unable to bear it.
Who has such a crazy family? The investment in a year is more than US$3 billion, and they are all owned funds.
Fortunately, these investments are all one-time, and the future returns are huge. There are only a small difficulty in front of you, so Chen Xia doesn’t have to worry. He will charge more than US$3 billion in a year.
Chen Xia was not worried, but she was shocked by Xu Yuan.
"Or, let's not develop theaters, just build a farm with peace of mind? Don't work too hard, you should pay attention to your health. Don't worry, I can support you in the income of farms and cultural companies now, hehe."
Although the farm income under Xu Yuan’s name is not much, the success lies in stability.
In addition, the cultural companies under her name are becoming more and more profitable.
As the exchanges between China and the United States become more and more frequent, more and more performances undertaken by the "Jade Culture Company" as a "intermediary" nature are being exhibited.
In order to "expand" the influence of some domestic prodigal sons, they really don't blink if they spend money.
Anyway, how much is it, your jade culture has the final say. There is only one requirement, it is lively! It is sensational! It is to make the bad king admire him.
Chen Xia was happy as soon as he heard this, "Okay, in a few years, you became a rich woman. Do you actually want to support your husband? That boss lady, you treat him at noon today."
Xu Yuan raised her chin and said, "Let's go, I'll take you to have French food!"
"I want to eat Qishan sauce noodles, don't eat French food. Snails are so disgusting."
"Chen Xia, you are so rustic. Who says that only snails are the only food for the Chinese dialect?"
"Oh, you can't bully me, you actually dislike me~~~"
Chapter completed!