Starting a second career in the entertainment industry

Although I feel embarrassed, I still have to say what I need to say: "When I was in the crew of Chen Qing, I never thought I would become famous. Later, when I was with you, I hesitated, but I didn't want to mix too much between us and make our relationship impure. Now it seems that I was short-sighted, but it is more difficult to terminate the contract now."

Wenrou: "It's hard but we have to do it. I have a lawyer to support me. After you terminate the contract and get your own agency contract, you can set up your own studio. The money I invested can be used as capital to invest in your studio. We are also doing business this way."

"If you want to join another agency or run your own studio, that's fine too."

Xiao Zhan hugged Wen Rou tightly: "Okay, I'll leave it to you, Rou Rou."

Wenrou: "We are still so polite..."

~~~~~~

After acquiring the shares of Xinli from the technology company, it later acquired the shares held by individual shareholders. As the Mid-Autumn Festival approached, Wenrou Xinchen Investment acquired part of the shares of Xinli with a shareholding of 10.7747%, becoming the fourth largest shareholder.

In the process of completing the equity acquisition, the complexity involved caused Wenrou to lose the weight she had worked so hard to gain, and she also lost several pounds, now weighing 93 pounds.

During the negotiation, Wenrou and Xinchen's deputy financial director read a large number of financial statements and discussed Xinli's financial report data for the past six months. They learned in detail about Xinli's gambling completion and profit reports in the past two years, and discussed legal issues in the purchase of shares with lawyers.

Although the process was not easy, the result was good. Wenrou got the shares she wanted at a price of 12 billion.

Wearing a white suit and looking tired and gentle, he returned to his beautiful villa. After disinfection, he changed into his home clothes and lay on the bed. However, in his mind he was thinking about the scenes of purchasing shares in recent days, and then reviewed them.

······

In the spacious conference room, Wenrou led a group of people to engage in a fierce confrontation with a group of people from the other company across the spacious conference table.

The other party asked for an exorbitant price, citing China Literature and Tencent as reasons. However, based on the data that Wenrou and her colleagues had, Xinli had not completed the bet after China Literature acquired it.

In 2018, Xinli Media promised a performance of 5 million yuan, but the actual net profit was 3.24 million yuan, which did not meet the bet amount. In 2019, the promised net profit was 7 million yuan, but the actual net profit was 5.49 million yuan, which still did not meet the bet amount.

In the second round of new settlement agreements, Xinli should be able to achieve the lowest profit level, which Wenrou has no doubt about, but whether the highest level can be achieved remains a concern.

The film and television industry itself has a high degree of uncertainty, and its profits are affected by many factors, including domestic factors such as market environment, performance of works, and policy changes.

With the help of Yuewen, Xinli's future net profit is indeed likely to achieve further growth. Wenrou also clearly reminded them that they must be aware of the current market environment. Even if they hold Kingsoft, there is no way to use it temporarily.

Under the epidemic, the current market is full of various uncertainties. However, they cannot wait too long. Time is tight, the situation is pressing, and they need funds to turn around.

The other party was silenced by gentle words, how could they not know? Moreover, there are more than one domestic brokerage companies. The market is not optimistic about Yuewen, and the benefits that these shareholders will get after Yuewen's acquisition are not as great as imagined.

"Okay, Mr. Wen, you have convinced me, but I really admire your courageous efforts in the current environment." The legal representative of Jingzhi Technology showed an envious expression.

I got to know Wenrou later. Although he is in the entertainment industry now, he has a great background and is so rich, easily worth more than a billion. He is truly the envy of the second generation.

Beijing Xinchen Investment Management Co., Ltd., he found out that Wenrou is the only shareholder. It's more sour than eating a lemon!

Their own company has been affected by the epidemic, and if not for this, they would not want to sell their stocks. But the other party is right, the entertainment industry is too unpredictable, and you never know what will happen in the next second.

Maybe an artist with a bad record makes their investment go down the drain, or maybe policy changes make it impossible for them to get their investment back.

After expressing his feelings, the legal person started to talk big again, praising Wenrou's knowledge and sophistication. After all, this circle is full of leaky people, and there are very few college graduates from prestigious universities, let alone an artist who knows so much about finance.

If it were like this, there would probably be fewer artists who knowingly break the law.

She smiled gently and modestly: "I am just an amateur. I can only read some materials. Look, the finance department and lawyers are following me, and I have to listen to them."

The legal representative of Jingzhi Technology: "Mr. Wen, you are too modest. When you are my age, I am still in college. Now that the signing has been completed, we have something to do and we will leave first. Goodbye." After saying that, he stood up and shook hands with Wenrou before leaving.

Gentle: "Goodbye, Mr. Zhang,"

It will be much easier for Wenrou to purchase the shares held by the individual shareholders.

For these two equity acquisitions, Wenrou gave all participants one month’s salary as a bonus, in recognition of everyone’s hard work over the past month.

Xinli and other shareholders knew about the equity changes of Xinli at the first time. After all, they also signed the equity transfer agreement, but they did not expect that someone would buy the company's shares at a high price at this time.

I don’t know if Wenrou’s eyes lit up after asking about her background. They would welcome more shareholders with money and background like her!

So after the successful change of shareholders, the company's top management intended to hold a welcome ceremony for everyone to get in touch with each other.

But Wenrou suggests that when the epidemic breaks out, everyone should try to keep a low profile when traveling and avoid gathering in groups, but you can have a meal with senior management.

In a high-end and luxurious luxury hotel in Shanghai, a group of senior executives met in a spacious banquet hall. Even though Wenrou said she didn't want too many people, in addition to the four major shareholders, several managers still came.

However, Wenrou did not come alone. She brought her agent, assistant, Xinchen's Wei Zhuang, and her bodyguards, as well as several senior executives of Xinli.

So, they randomly gathered three tables of people, one table for the senior executives, one table for the management, and then one table for assistants and secretaries.