Chapter 571: Money Raising
Xingzai's emotional intelligence is a little low, or in other words, as he gets older, he starts to lose touch with his interpersonal relationships, becomes unsociable, and his temper becomes increasingly irritable and weird.
This resulted in the fact that although he had a very high status, his reputation in the circle was average, and his soft power was far inferior to that of Jacky Long, Fa Ge, and Hong Jinbao.
On the other hand, Fan Wumian is obviously at another level.
The most valuable businesses under his control have been replaced by the Internet, financial investment, etc. His career in the entertainment industry is more like a hobby, just to make some extra pocket money.
Companies like Shanzeiwang Media and Myth Film Studio have so many projects, and they are particularly easy to become popular. Not to mention new actors, even first- and second-tier stars are envious. Because Fan Wumian often looks for actors from outside, most of the relevant practitioners in the circle want to make friends with him.
In terms of popularity in the industry, his popularity is now higher than that of Jacky Long and Andy Lau. After all, these veteran Hong Kong superstars often invest in a work once every one or two years, while Fan Wumian has a total of 20 to 30 projects officially announced to the public, and he occasionally publicizes the progress through the official website, thereby achieving the effect of free promotion.
While holding a large party today, Fan Wumian also launched another additional event, which was mainly to assist Tudou.com, Shanzeiwang Fund and Shanzeiwang Media to develop faster and better.
After the session hosted by Tudou CEO Wang Wei ended, Fan Wumian stood up from beside Xingzai and walked towards the stage where the venue was located.
When he stood on the stage, he waved to the crowd with a smile on his face, and there was thunderous applause from the audience.
Actresses like A Jiao and Wang Danni, who had long coveted Fan Wumian's body and were fascinated by his looks and temperament, could not help but smile and were almost laughing like idiots.
I didn’t like socializing before, but I developed this habit over time.
At this moment, Fan Wumian stood on the stage facing everyone and said:
"First of all, I want to thank you all for taking the time out of your busy schedule to come and support us. I am really too busy and I am sorry for the poor hospitality."
"You may have heard that I have invested in a new company called Bandit King Fund. There are several veterans in the asset management industry here tonight. After chatting with them, I feel that there is a lot to learn. However, it may be because I am young that I have a little different experience in investment and financial management. For example, the Internet and technology industry is something that Warren Buffett would never easily get involved in."
"Tonight I would like to take this opportunity to introduce the second financial product of the Gangcheng Bandit King Fund. It is mainly aimed at people in the entertainment industry. You are more knowledgeable and have a lot of idle funds. It is difficult to find high-quality customers who are more suitable than you."
"Please look at the big screen. This financial product is called 'Mountain Bandit King Entertainment Theme Fund 1.0'. The investment threshold is HK$100 million. It will mainly invest in listed and non-listed companies in the cultural and entertainment sector that I am very optimistic about, which may also include my Tudou.com and Mountain Bandit King Media."
"But I have no plans for public financing in the near future. The same is true for Hengdian Wanxian Film and Television Group, which mainly deals in cinema business. In the early stage, it will mainly invest in listed companies, including cinemas, film and television companies, advertising companies, and overseas entertainment industry stocks."
I made so much money by eating alone.
Recently, he has been singled out by the media for comments at every turn, which makes Fan Wumian feel that it is necessary to share some of the cake in advance to avoid becoming a public enemy.
The various established film and television companies began to be hostile to him, so Fan Wumian turned his attention to the stars, directors and certain shareholders of the film and television companies, trying to help them generate income and make money while tying these people to his carriage.
In this way, some obstacles in the development path of companies such as Tudou.com and Shanzeiwang Media should be cleared.
Finding out that Fan Wumian was going to launch a private equity fund to help them manage their assets and find ways to generate income, Director Feng shouted during his pause:
"That's great! I've been jealous of you, Mr. Fan, for getting rich. Now you can finally take us out to play!"
As soon as he finished speaking, many people at the scene laughed.
If someone else launched this kind of financial product, people might not be interested in it. However, since the initiator is Fan Wumian, this is a different matter.
Fan Wumian is well-known for his ability to make money, and many people would rather get a piece of his fortune than their own. When Tudou.com was introduced to them, some people felt that the company was going to be popular, and some wealthy businessmen were also tempted by the opportunity to invest indirectly.
Fan Wumian just smiled at Director Feng who was cheering him on, and then continued:
"Many of the athletes who play basketball in the NBA go bankrupt within a few years after retiring. Being in the entertainment industry is precarious and income can drop at any time. How many evergreens are there like Jacky Long, Chow Yun Fat, and Sing Tsai who are both good at making money and have been popular for so many years? I believe everyone knows the answer."
"Why don't you let me manage your assets while you can still make money? Buying a property doesn't yield a high rate of return, and stocks, futures, and business are too risky. I will set up a steady and progressive investment strategy to ensure that everyone is safe."
"There is no need to doubt this. After all, I still want to stay in this circle. Today I mainly want to make friends with you and share the joy of making money. If I lose your money, then my company and I will have a hard time in the future."
Some celebrities, out of special hobbies, took a few photos in their bedrooms, originally just for their own entertainment, but they didn't expect that after the photos were made public, they would instantly be ruined and their future would be completely ruined.
There are also actors who made a bad movie and their value plummeted in the blink of an eye, becoming "box office poison" in the eyes of others, or their company's resources were downgraded, making it difficult for them to get high pay and attract the attention of advertising sponsors.
This results in artists becoming furious after they become famous, often taking advantage of any opportunity to make money, with their schedule only allowing them three or four hours of rest per day. Even the bosses of unscrupulous factories would praise them as "model workers" when they see this.
There is too much uncertainty in income, which will obviously make some people anxious. After hearing Fan Wumian's introduction, many guests pricked up their ears and listened carefully.
Many artists, in particular, are very interested in becoming shareholders of other entertainment companies. Names like "Tudou.com", "Zeiwang Media", "Huayi Brothers", "Kangxian Media", "Tiancheng Entertainment", "Penguin Music", "Yingwang Media", "Disney", and "Blue Sky Studios" listed by Fan Wumian in the picture seem familiar to many stars and directors.
Having never liked meetings, and even less liked public speaking, Fan Wumian went through the process briefly and finally said:
"One thing is very important. To thank everyone present here tonight, if you make an appointment in advance with the invitation letter within the next two weeks, you can enjoy a 1% reduction in management fees. That is, only 1% of the management fee will be charged each year. After the closed period, if the rate of return is above 100%, 20% of the profit will be extracted as a performance dividend to maintain the operation of the company."
"For those who want to buy without an invitation letter, we will charge a 2% management fee every year according to industry practice. We really don't force you to do so. If you are interested, you can buy. If you are not interested or you need the money urgently, don't buy."
“For film and television works and cinemas, it may take some time to incubate before the effects can be seen, so the closed period is set at about three years.”
offstage.
Hong Jinbao lowered his voice and laughed:
"As expected, the younger generation always pushes the older generation forward. Young people's brains are useful. They are here to make money. Aaron, do you want to buy it?"
Jack Long had a smile on his face. He stared at Tudou.com and Bandit King Media again and again, and replied in a low voice:
"I will buy some. I know Blue Sky Studios in the United States. The box office revenue of the animated film Ice Age is very high. Especially Tudou.com. TBV mainly does business in Hong Kong and has a market value of 10 to 20 billion. It is like a TV station on the Internet. If it is done well, it will definitely make a lot of money."
When it comes to doing business, Hong Jinbao is also quite good at it. He nodded and said:
"Then I'll buy some too, just to save some money for my son. I still have about 800 million in idle funds, and I originally wanted to use it to buy a shop in Causeway Bay."
Jack Long does not have such a strong sense of family, and said with a smile:
"Children and grandchildren have their own blessings. Your son is quite good. He seems to have filmed several movies recently. Last time you said that his ex-girlfriend was going to marry into Fourth Uncle's family. Was she Miss Xu?"
Hong Jinbao said helplessly:
"Yes, it was Xu Ziqi, it happened several years ago. At that time, her mother looked down on me and wanted to find a real rich man. I never dreamed that it would actually work out. I really don't know what Fourth Uncle was thinking. Maybe he thought that this kind of daughter-in-law would be less troublesome." (End of this chapter)