Chapter 333 Opportunity to start the cinema
Duan Xiaochen's family is from Shuzhong.
Du Caige didn't know much about the specific situation of her family. Because she never mentions her family.
But there are a few clues that allow him to have a rough guess.
First of all, Duan Xiaochen dropped out of high school before graduating from high school, and came to the magic capital to work alone, selling alcohol in bars for a living.
At a young age, he tasted the warmth and coldness of the world and suffered a lot.
A girl in this profession, someone who understands it will naturally understand.
Over time, it is often involuntary.
If Duan Xiaochen hadn't met him, I really don't know what would happen to her.
Someday the body will be picked up.
Maybe even fall into the dust.
In their line, there should not be too many girls who fall into the dust.
From this, it can be judged that Duan Xiaochen's family is either very poor and can't help her at all.
Or she had a falling out with the family.
But the other clues allowed Du Caige to confirm his judgment.
Duan Xiaochen rarely goes home.
There is basically no contact with the family.
In front of the media, she never talks about her family.
If her family is just poor, why is this?
Duan Xiaochen is not a girl who dislikes the poor and loves the rich.
If her family is poor, she will definitely spare no effort to support her family.
Instead of being almost unnoticed as it is now.
So Du Caige is basically certain that Duan Xiaochen's relationship with her family is very bad.
At this time, seeing Duan Xiaochen's displeasure, Du Caige didn't ask much, and changed the subject: "Is that news true? Are you sure?"
"It's been confirmed."
Du Caige asked, "Have you exchanged opinions with them?"
He was referring to several of the company's top executives and another executive director, Chu Jixiang.
"I talked to them on the phone separately. Now everyone's opinions have not been unified, so there is a meeting to discuss."
"What's your opinion?"
Duan Xiaochen was obviously in a bad mood, and said faintly, "Do you have to talk to me about this now? We haven't seen each other for so long, can't we say something happy?"
Du Caige said apologetically, "I care too much about this matter. If you don't want to talk about it, let's talk about something else."
Only then did Duan Xiaochen cheer up, and casually chatted with Du Caige, and soon his mood became cheerful again.
Arriving at the Haikuo Building, after parking the car, the two took the elevator upstairs chatting and laughing.
Just arrived at the floor of the company's large conference room, when the elevator door opened, Chu Jixiang was standing at the elevator entrance.
He smiled slightly, and said gently, "Morning, you two."
Du Caige stepped out of the elevator and looked at him: "Chu Dong, are you waiting for us here?"
Chu Jixiang nodded: "I want to communicate with the two of you in advance."
Du Caige and Duan Xiaochen looked at each other and nodded, "Okay."
Chu Jixiang smiled and made a gesture, indicating that the two would follow him.
When he came to his office, he poured pure water for the two of them and said straight to the point: "The most important topic of today's meeting is the theater chain 'Starlight Studios'. I want to reach an agreement with the two of you in advance, not to cast."
Du Caige's eyes narrowed: "Why?"
The "why" Du Caige asked at this time was not "why to reach an agreement in advance", but asked the other party: why not vote for "Starlight Studios"?
He knew exactly why the three executive directors had to agree in advance.
Because of the company's operations, including investment intentions, several CXOs of the company also have voting rights.
CXOs are not marionettes.
This is also the rule that Duan Xiaochen and Du Caige formulated in order to prevent themselves from making wrong decisions and causing the company to suffer heavy losses at the beginning of the company's establishment.
They don't want the company to be their word.
Therefore, if several executive directors are determined to implement a certain plan, the three executive directors must first reach an agreement.
Chu Jixiang leaned against the desk and sat down for a while, he said calmly: "I'm not optimistic about this investment."
Du Caige frowned,
"I don't know the specific situation, can you explain it to me in detail?"
Chu Jixiang raised his wrist and looked at his watch, "Okay, I'll make a long story short. The theater chain 'Starlight Studios' belongs to the 'Starlight Cinema Entertainment Company'. At present, there are 76 'Starlight Studios' in cities across the country, with a total of 76 theaters. The number of acts is 383 blocks."
"At present, the total number of theaters in our country is 2,144, and the total number of screens is 7,335."
"Starlight Studios occupies 5.2% of the country's total screens. It is a small-scale theater chain. Of course, each theater has a relatively large number of theaters. The average number of screens in each theater exceeds 5."
"The construction of 'Starlight Cinema' is relatively early, and most of their theaters' current playback equipment and infrastructure are relatively old and in urgent need of replacement. According to the audit in the first half of this year, the 76 theaters of 'Starlight Cinema' currently The total value is about 568 million yuan. This is a comprehensive evaluation that includes equipment, decoration, and the location of the theater. This value is high, because some of the merchants where the theater is located were bought by the company. "
"According to the data released by 'Starlight Film and Television Entertainment Company', their company currently has a debt of 120 million, and their profit last year was 31 million. It can be said that the benefits are good."
"At present, there are three major shareholders in this company. The largest shareholder is Tianyi Entertainment, accounting for 37% of the shares. The second largest shareholder is Oriental Entertainment, accounting for 24% of the shares."
"Oriental Entertainment?"
"Oriental Entertainment is a company jointly funded and registered by Dragon TV and several companies. Its main business is investment, variety show production, film and television production, etc." Chu Jixiang explained.
After reporting the information, Chu Jixiang and Du Caige looked at each other, "The above is some basic information about 'Starlight Studios'."
Du Caige nodded: "Thank you for letting me know. Then why are you not optimistic about this investment?"
Chu Jixiang smiled kindly: "Let me explain. On the one hand, Tianyi Entertainment and Dongfang Entertainment are going to sell shares this time, but their asking price is relatively high, 61% of the shares are asking for 400 million yuan, and they also ask for The company or individual that acquires this part of the shares bears the entire 120 million debt of 'Starlight'. According to the valuation in the first half of the year, the actual value of this 61% stake is about 350 million."
"Of course, because the theater chain is very important to the development of our company, and the film market is generally optimistic now. So if it is just a little premium, even if I take on the debt of 120 million yuan, I will not be so strongly opposed, because after calculating this amount The investment is still worthwhile.”
"The key is that, as far as I know, the equipment and facilities of Starlight Studios are seriously aging, and a lot of money needs to be invested in renovations and equipment updates in the near future. This is a sinkhole."
After speaking, his eyes went back and forth between Du Caige and Duan Xiaochen, "So, can you two reach an agreement with me? Reject this investment intention?"
Du Caige pondered.
Duan Xiaochen shook his head and said, "Don't look at me, I only listen to my brother."
As he spoke, he smiled sweetly, and the two small dimples were filled with honey.
Du Caige thought for a while, then raised his head and said, "I need someone to think about it quietly."
Chu Jixiang smiled gently, got up and said to Duan Xiaochen, "During the National Day, they set up a recreation room on this floor, you haven't seen it yet."
Duan Xiaochen glanced at him with disgust, and said feebly, "Well, I haven't seen it yet. Let's go take a look together."
The two left the office, and Du Caige took out his mobile phone and dialed Yan Yingzhen's number.
Yan Yingzhen answered quickly.
Her voice sounded quite pleasant. After Du Caige exchanged a few words about Caiwei with her, he asked, "Do you know about the 'Starlight Studios'?"
"Chu Jixiang reported it to me. I know about it, but I didn't go to learn about it in detail."
Du Caige was stunned for a moment: "I thought you asked him to persuade me not to invest in Starlight Studios."
"I asked him to persuade you, yes."
"Why?" Du Caige was puzzled. "Since you haven't gone to the details, why do you think you shouldn't invest?"
"Because in this incident, there is obviously Tianyi Entertainment and Shen Jinsong's shadow. I think he is digging a hole for you."
Du Caige was silent for a while, then asked, "Do you have any evidence? Or, what data did you analyze to come to this conclusion."
Yan Yingzhen's voice was unhappy: "No, and I don't need evidence. He has not dealt with you once or twice, and I won't be surprised if it happens again."
"But the problem is," Du Caige said carefully, "Dream Chasing Mutual Entertainment needs a theater chain. With the theater chain, many of our plans can be accelerated. This time, someone will send a pillow when you fall asleep."
"I admit that there may be a pit dug by Shen Jinsong behind this, but this is a conspiracy. I know there is a pit, and I have to eat the bait first. Otherwise, we don't know what year and month will we be able to have our own theater chain."
Yan Yingzhen said loudly: "Can't you wait? You want a theater chain, and I will build a theater chain for you in a few years!"
"Opportunity waits for no one."
Yan Yingzhen gasped heavily, as if she was very angry. After a long while, he said coldly, "You can do whatever you want, your own company, you can do whatever you want. I don't care about you."
Du Caige explained: "I just don't want to miss an opportunity. Of course, whether to invest or not, I will still be cautious and see if the data they provide is true. Then we have to talk about the price."
Yan Yingzhen said impatiently: "Don't tell me all this, I don't have the spare time."
Hanging up the phone, Du Caige continued to think.
He is not a fool. If there is a problem with this theater chain, he will definitely not agree to invest.
On the contrary, if there is no problem with the theater line, then starting at this price, even if you have to take out a loan to refurbish and update the equipment, it is cost-effective.
After two years, when the funds are sufficient, it will not be nice to replace the projection equipment and screens with IMAX.
It's just that...the company has limited liquidity.
If you invest in theaters now, you will have to drink gruel in the next year, and some projects that require a large investment cannot be launched.
However, with the ability of himself and Duan Xiaochen to attract money, and his full power, coupled with the profit of the theater, he will definitely be able to help the company make enough money to start a big production in one or two years.
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