Chapter 215 [Real Gold and Silver Move People’s Hearts]

When R&F Cinemas and Golden Harvest Entertainment heard Zhang Wentao's proposal to acquire shares in theaters, Zou Wenhuai agreed immediately, but R&F Cinemas said it needed to think about it, perhaps considering the issue of control.

However, Zhang Wentao saw the concerns of the person in charge of Lisheng Cinemas, so he stated that Changxin Real Estate Company would not interfere in the operation of the theater, but Zhang Wentao put forward a new requirement: in the future, if Changxin Real Estate Company sells the theater's rights, Golden Harvest Entertainment and Lisheng Cinemas cannot interfere.

Zou Wenhuai of Golden Harvest Entertainment immediately stated that Red Sound Cinemas and Golden Harvest Entertainment had the right of first refusal to repurchase the rights, and that Changxin Real Estate Company had to notify them in advance and was not allowed to sell the rights to their enemies, such as Shaw Brothers Film Company.

Zhang Wentao naturally agreed after being instructed by Li Wendi. As long as the price was the same, Changxin Real Estate Company would hand over the rights and interests to Golden Harvest Entertainment or Lisheng Cinemas.

In fact, this was an alliance between the weak. Shaw Brothers Film Company was still stronger than them. Shaw Brothers Film Company alone had more than 100 theaters, so many film companies did not dare to offend Run Run Shaw. After all, it was related to the issue of film release and box office.

At the same time, Li Wendi met with the shareholders of Jiawen Jewelry Company to discuss the sale of shares.

Li Wendi originally thought that things would be tricky and that the shareholders would take the opportunity to ask for exorbitant amounts of money. He also prepared a set of deception tactics, but things went unusually smoothly. When the shareholders heard Li Wendi's proposal to acquire Jiawen Jewelry Company by converting its assets into cash, they agreed without hesitation. Li Wendi signed three transfer contracts in one day and obtained 19% of the shares. As a result, Li Wendi already held 45% of the shares of Jiawen Jewelry Company and became the second largest shareholder.

That evening, Lu Jiagui, the owner of Jiawen Jewelry Company, received the news, and a sense of crisis surged in his heart.

Because he had heard of Li Wendi's "bad reputation", this person had acquired many other people's companies, and it was obvious that Li Wendi wanted to take action against Jiawen Jewelry Company. As for the self-consolation of investment, Lu Jiagui felt that there was no possibility.

Seeing her husband so distressed, Lu Jiagui's wife Luo Yuwen stepped forward to ask him the reason.

Hearing that Jiawen Jewelry Company was being targeted by others, Luo Yuwen smiled and said, "From another perspective, this is a good thing."

Hearing this, Lu Jiagui couldn't help but frown, but he knew that his wife was an knowledgeable woman, and she must have good reasons to say so, otherwise Luo Yuwen would choose to remain silent.

"Tell me the reason."

"The company is now heavily in debt, and we have lost money in the stock market. Our funds are locked up, and we can't recover in a short period of time. We can only hope for luck and a sudden recovery in the stock market." Luo Yuwen ignored her husband's grim expression and continued, "You and I both know that luck is unpredictable. I think it's best to get out of the stock market and the company now. As long as we still have a lot of funds, it won't be difficult to make a comeback in the future."

"But if we insist on staying here, we may end up with nothing, or even owe a lot of foreign debt. Since someone is willing to buy it, let's negotiate well and try to get out of it unscathed."

"But I won't give up. This is all my hard work." Lu Jiagui sighed. He is a career-oriented person, so it is naturally difficult for him to give up his more than ten years of hard work. Besides, starting a business is not as simple as his wife said.

Luo Yuwen held her husband's hand tightly and leaned her head on his shoulder with love. How could she bear to leave? What could they do in such a situation? They had to keep the funds, otherwise their future life would be in trouble.

Luo Yuwen knew that Lu Jiagui would figure it out, but she felt a lump in her chest, so she stopped trying to persuade him.

The two of them stayed in silence, and seemed to be able to hear each other's breathing.

Golden Harvest Entertainment has always done things at a certain level, but this time Li Wendi was a little disappointed. The news of the three companies' joint acquisition of the theater was actually spread at the suggestion of Raymond Chow, which forced Run Run Shaw to make some response.

According to the news, Run Run Shaw has sent people to contact many film companies, and as long as their films are shown in theaters related to Golden Harvest Entertainment, the theater chains under Shaw Brothers Film Company will never show them. Moreover, Run Run Shaw ordered the company to start raising funds and compete again for the acquisition of all theaters and cinemas in the city, mainly targeting Golden Harvest Entertainment.

I have to say that Run Run Shaw was very capable. He knew that he could not stop the merger of the three companies, so he chose to split the merger. Perhaps he wanted to deal with Golden Harvest Entertainment, or maybe he wanted to defeat them one by one.

For Li Wendi, it doesn't matter what happens. At worst, he can just keep the funds in the theater. After all, it is difficult to make money from properties at this time.

Soon, Li Wendi received an invitation, which surprised him a little, but after thinking about it, it was reasonable.

The Peninsula Hotel, Tsim Sha Tsui, 3rd floor dining hall
Fang Yihua is a woman of average looks. She is a beauty and has a good temperament. As for her knowledge and ability, Li Wendi thinks she should be quite good, otherwise why would the "Playboy" Run Run Shaw choose her as his spokesperson.

With the help of the waiter, Li Wendi found the table reserved by Fang Yihua. At this time, Fang Yihua was already sitting on the chair and looking through the menu.

Seeing Li Wendi coming over, Fang Yihua also stood up and greeted him, "Hello, Mr. Li! Nice to meet you! As the rumors say, Mr. Li is a leader of the younger generation."

Although Li Wendi is young, he already possesses the qualifications of a business tycoon. Fang Yihua will not allow her to look down on him, nor does she dare to be overconfident.

"Ms. Fang, you are too kind! She is just lucky." Li Wendi looked at Fang Yihua, who was almost 40 years old. She had heavy makeup on her face and exuded the capable aura of a career woman.

Li Wendi took the menu handed to him by the waiter, glanced through it, and ordered a cup of coffee and dessert.

"I heard that Mr. Li's Changxin Real Estate Company is cooperating with Golden Harvest Entertainment and Lisheng Cinemas to acquire theaters. I wonder if it's true?" Fang Yihua asked with a smile.

Li Wendi took a bite of the cake, wiped his mouth with a napkin, nodded and smiled, "It's true. Changxin Real Estate Company is a real estate company. They are optimistic about the film industry's guaranteed rent. If they do well, the rent may not be less than the rent of the commercial building in Central."

Of course, Li Wendi is not afraid of Run Run Shaw. It is difficult for the bigwigs in the film industry to sanction him. However, it is better not to offend him if possible. It is always good to have fewer enemies. Moreover, the second half of Li Wendi’s sentence has already hit the point of interests.

"What if Shaw Brothers Film Company asks Mr. Li not to cooperate with Golden Harvest Entertainment? Can Mr. Li give them some face?" Fang Yihua wanted to get something for nothing.

"Sorry! Our cooperation contract has been signed. If you go back on your word, you will have to pay liquidated damages." Li Wendi answered seriously.

Fang Yihua frowned slightly, looking a little ferocious under her heavy makeup, "Can you tell me how much the penalty is?"

"Not much, just twice the investment, about 500 million!" said Li Wendi.

Fang Yihua's face changed slightly. 500 million is not a small amount. Li Wendi certainly doesn't want to lose money. However, she immediately changed her mind and asked, "Will Mr. Li add more funds?"

"I don't have such plans for the time being." Li Wendi certainly guessed what Fang Yihua was thinking, but this face was too valuable and Li Wendi might not be able to afford it.

(End of this chapter)