Chapter 198: Creating a Time Difference

Chapter 198: Creating a Time Difference

Chapter 198: Creating a Time Difference

Since it was listed at an ultra-low price, close to the closing price of Penguin shares on the first day of listing, it has held a large number of Penguin shares.

Fan Wumian had imagined it.

In the future, I may become very, very rich, not only being on the list of the world's richest people, but also ranking relatively high.

However beautiful the imagined picture is, it is ultimately just a pie in the sky and cannot be eaten for a while.

Until June.

He mainly makes money by hanging around in the entertainment industry, filming movies, selling mobile phone ringtones, and taking advertising endorsements.

After starting to hold a large number of positions, Penguin stocks have risen and fallen.

Due to the launch of businesses such as "QQ Space" and "Penguin Music", a lot of publicity, promotion and development funds were spent, resulting in the poor financial report for the first quarter of this year, which affected investors' confidence in the company.

Before June, the profit margin of Fan Wumian's investment in "Penguin Holdings" stock often fluctuated around 6%, reaching a maximum of around 7%, but soon fell back.

Is always shining gold.

Since he started to go long, combined with the news of "a sharp increase in second quarter revenue data" and the recent good performance of Hong Kong stocks, the Penguin stock price was pushed up by many positive news. It has risen by a total of 6% since June.

The total increase from this year's lowest share price of HK$4.32 has reached 37.7%, far ahead of other stocks on the Hong Kong Stock Exchange.

You have to wonder what it feels like to make a huge profit of 2.8 million Hong Kong dollars in just a dozen trading days.

Fan Wumian could only say that it was absolutely awesome.

Even if you rob a bank, you can't make money this fast. It's almost like owning a printing machine and printing money at home.

This is different from making money from the entertainment industry.

Earning money by working means you have put in the work and received the reward.

However, since becoming one of the major shareholders of Penguin, he has hardly ever worried about anything. It feels like "huge sums of money have come in by the wind", which makes Fan Wumian feel wonderful.

After private jets, he even searched for private yachts online.

It is just to watch through the screen and satisfy your craving. If you spend a lot of money on these consumer goods now, it is tantamount to using the old hen that lays golden eggs to make soup.
Deep city.

The villa area next to the Sand River Golf Course.

Fan Wumian's personal studio and the mainland branch of Shanzeiwang Media have moved their offices here.

Two villas purchased previously.

One building will be used as a residence and is still under renovation. The plumbers, bricklayers and carpenters have already left, and the painters are currently scraping the walls. It is estimated that it will take another four to five months before people can move in.

The other building was simply renovated and used as an office area. With a little layout inside, the total area is more than 400 square meters. It seems relatively empty for the time being because some employees have been assigned to Yanjing and Gangcheng and are not all concentrated here.

The mainland Bandit King Media just hired a deputy manager in April. His name is Bao Kaijia, and he had worked in Huaying Group for several years.

Led by Deputy Manager Bao, Fan Wumian took a tour of the place and muttered:

"After all, it's a commercial and residential villa. The entire building area is only more than 400 square meters. It seems a bit small to use it as an office. It will probably not be enough soon."

Deputy Manager Bao Kaijia, who had only met him a few times, obviously did not understand Fan Wumian's character well enough, so he followed up the conversation and said:

"It's enough for now. A lot of new parks have been built recently. The rent is very cheap. There are also preferential support policies for Hong Kong-funded bosses like you."

Assistant Pu Jiajing understood her boss's personality better and joked:

"The area is a bit small, there's no parking space at the door, otherwise, boss, would you buy a few more units?"

Fan Wumian was indeed thinking about this.

The market price of a Shahe Golf Villa is still five or six million yuan per unit, and it can appreciate by at least 30 times with your eyes closed.

In the future, the commercial and residential property Shenzhen City Bay No. 1 will be worth over 100 million yuan, not to mention that this is a single-family villa with a yard, right next to a huge golf course.

In terms of rate of return, it easily outperforms the Repulse Bay Mansion No. 89 in Hong Kong.

but.

Owning so many properties has satisfied my cravings.

There is a steady stream of high-end real estate developers who ask Fan Wumian to help with promotions. Some bosses want to give him houses, while others offer him extremely high discounts.

For example, Tan Palace in Shanghai took the initiative to contact Fan Wumian and said that if he went to buy a house there, he could get a 75% discount.

But in this era, the market price of Tan Palace has exceeded 100 million yuan, and considering the room for appreciation, it seems unattractive.

He put his hands in his pockets and said calmly, "This place has been sold out. There is no way to get a bargain from the developer. Besides, if we open a company in such a residential area, the neighbors will definitely have opinions."

"For business in the film and television industry, it is better to temporarily set up the office in Yanjing. There are more opportunities there, and there are a lot of actors, directors, and screenwriters."

"However, we can take advantage of the low prices and stockpile some land in advance. We can then develop an office building ourselves in the future. Companies like Bandit King Media and Tudou.com all need places to work, and we may even start other businesses."

Ever since he learned a few days ago that his girlfriend Zuo Ziyan had bought a piece of land on the top of a mountain, Fan Wumian has been itching to get started, feeling that this would be much more exciting than speculating in real estate.

He happened to come to Shenzhen today, and he planned to take some time to go shopping and get to know the market conditions in advance, but he is not in a hurry to make a purchase for the time being.

Even if you buy the land in advance, you won't have the ability to develop it in a short time. You'd be crazy to give up other better opportunities and invest huge amounts of money in a complex project.

Yesterday, Fan Wumian learned from the president of Nanyang Development Bank, Zhong Yuanying, that the bank had given him another loan line of about 2 million Hong Kong dollars. He started to become interested, feeling that "if I don't borrow this money from the bank to invest, it will be a huge loss."

It is clear from the huge profits of Penguin Stock that borrowing money from banks to grow bigger and stronger is indeed a feasible path and can bring higher returns.

There is not much to say about the personal studio. It mainly helps Fan Wumian handle some personal business, including taxation, legal affairs, marketing planning, event arrangements, etc.

The mainland branch of Bandit King Media is currently busy looking for good scripts and managing mobile phone ringtone services, so the workload is not too heavy for now.

After the visit.

He got in the black 740 sedan that BMW had donated to him for free some time ago and headed to the closed factory responsible for producing the album.

The headquarters of Yaomei Culture has moved to the newly built OCT Creative Culture Industrial Park.

The place was originally an old factory. In order to comply with the official policy of promoting and expanding the cultural industry, investment was made in renovation to create a creative cultural park.

With Yaomei Culture's advantage as a "foreign enterprise", it can enjoy some benefits in terms of rent reduction, tax incentives, and even quota for talent introduction and settlement in Shenzhen.

Although Yaomei Culture is small in scale, it has already become well-known in the circle by helping Fan Wumian to exclusively release albums.

This time, a closed production factory was built to strictly guard the new album before it was released, leaving no room for counterfeiters and pirates to exploit. It also attracted the attention of many record companies, which wanted to cooperate with Yaomei Culture to mass-produce albums for some first-line singers.

As for many lesser-known singers, even if they release new albums, it will not attract consumers to buy them, so there is no need to create a time difference.

The only advantage of a closed production factory is that it ensures that in the first few days after the album is released, the counterfeit and pirated production factories will have no discs to sell, forcing consumers to buy genuine products.

Don't underestimate the short time difference of a few days.

With Fan Wumian's appeal, the album sales in the first week can account for about 40% of the total album sales.

It was previously estimated that the actual market demand for "Sleepless Night" was around 2000 million copies.

Based on the potential sales in the first week and the 40% market gap, the decision was made to directly mass-produce 800 million copies.

Once an authentic album is released, the audio source will inevitably leak out, leading to the emergence of a large number of counterfeit and pirated albums. However, their production, transportation and distribution all take time, so there is a time difference that allows Fan Wumian to monopolize the market in the first week.

Therefore, the singer himself needs to have a strong enough fan appeal to have the opportunity to force dealers to pay for the goods and avoid missing out on the buying craze at the beginning of the album release.

Fan Wumian's appearance attracted the attention of some album distributors.

A middle-aged boss named Sun, who has been in the industry for several years, pointed at this moment. He didn't know that the entire Yaomei culture actually belonged to Fan Wumian, and said to his colleagues around him with emotion:
"This little star from Hong Kong chose to cooperate with Yaomei Culture, which is considered to be a big profit. Even if we calculate it based on the copyright fee of two or three yuan per record, he can make more than 10 million yuan."

"Have you seen the news in the newspaper?"

"He said he bought some stocks and made a huge profit of 300-400 million Hong Kong dollars. No wonder he was able to afford the mansion in Repulse Bay and buy houses all over Beijing. It's true that being a celebrity is very profitable. Unlike us, we have to work hard all year round and only earn a little hard-earned money."

There was a person squatting nearby, smoking a cigarette, nodding in agreement, saying:

"Yes, Yaomei Culture is really powerful. They have tricked us all. We can't get the goods anywhere else these days. We can only buy them from them at a high price."

"I thought it was a bit strange that they cancelled the return and refund policy, but now looking back, isn't it forcing us to help sell the genuine albums? Everyone is rushing to place orders, and now we have no choice but to sell them. Even if we encounter cheap pirated goods, we can only sell the genuine ones first, squeezing out all our profits."

"Anyway, after I get this batch of goods, I don't plan to cooperate with them anymore. I'll make three or four yuan less per disc, and if I distribute more than 100,000 discs to retailers, I'll make hundreds of thousands less."

next to.

After hearing this, a colleague said enviously:

"Where do you do business, bro? This is a really big business. Do you have a channel to buy goods at a low price? Can you recommend one?"

The boss surnamed Sun was surprised:
"Since joining the WTO, the control has become a little stricter. A friend of mine had his warehouse checked and more than 200,000 pirated discs were confiscated. He was also sent to jail. Aren't you afraid of being caught?"

The one squatting and smoking said calmly:

"What are you afraid of? My goods are distributed to more than a dozen places. Even if they are found in one place, it won't be considered a serious crime. At most, I will have to pay a fine or some compensation. How can you make a lot of money without courage?"

(End of this chapter)