Chapter 336 Why is Jiahe worth so much money?
《Billion-dollar film and television giant, Golden Harvest officially starts the listing process! 》

"With a valuation of over 10 billion, the value of Golden Harvest is beyond your imagination!"

"Golden Harvest's Growth Path, From Billions to Hundreds of Billions!"

"The first film and television stock, the billion-dollar Golden Harvest is about to go public!"

"From the brink of bankruptcy to a billion-dollar giant, Liu Zhou led Golden Harvest to a phoenix-like rebirth!"

……

As some media disclosed the financing news of Golden Harvest, Liu Zhou simply held a signing press conference together with CITIC and China Film.

Jiahe’s preparations for listing, company valuation, equity transactions and other things of interest to the outside world were also announced one by one.

In fact, let alone other things, the fact that Golden Harvest was valued at over 10 billion yuan alone was enough to shock the media reporters on the scene.

Although everyone knows that Golden Harvest is definitely worth a lot, a valuation of over 10 billion is still too scary.

At present, there are no more than 100 companies in China with a market value of over 10 billion yuan, including state-owned enterprises.

It still seems a little unbelievable to them that a film and television company like Golden Harvest could reach such a high market value.

Therefore, this round of financing by Golden Harvest not only shocked the financial and entertainment circles, but also caused a sensation in the entire domestic business community.

No one expected that a film and television company would be so valuable.

In the minds of some traditional businessmen, the film and television industry is at the bottom of the list.

But now, a company in the film and television industry that they looked down upon has a higher value than the enterprise they have been working for decades, which directly overturns their cognition.

For example, Duan Yongji, Liu Chuanchuan and most of the people in Taishan Society are relatively traditional businessmen with serious habits of forming cliques and factions and outdated ideas.

So when they saw the report that Golden Harvest raised funds with a valuation of over 10 billion, they all fell silent.

In fact, they were not the only ones who remained silent. The most shocked were Liu Zhou's colleagues in the industry.

Han Shanping, who was filming "The Founding of a Republic" at the Huairou Film and Television Base, was looking at the stunned Huang Jianxin and Zhang Guoli with a calm face.

Huang Jianxin was Han Shanping's classmate and right-hand man, and Zhang Guoli had been his colleague at Emei Film Studio for more than ten years, and they had a very good relationship.

This time, Zhang Guoli was also invited by Han Shanping to join the crew of "Founding of a Republic" to play the role of a bald man, which is considered to be a relatively large role.

So besides shooting, the three of them would sit together to rest and chat.

Today, the news of Golden Harvest’s financing reached the crew, and the two of them could not calm down for a long time after seeing the news.

After a long while, Huang Jianxin let out a long breath and said:

"Boss Han, the big project you mentioned some time ago is the investment in Jiahe?"

"That's right. Because Jiahe's valuation was too high, I went to consult with Leader Xu. He told me that market issues should be resolved in the market, so I invested."

In fact, when he first saw that the valuation of Jiahe Group agreed upon by Jiahe and CITIC was as high as 10 billion, he was also shocked.

Han Shanping, who originally wanted to deepen the relationship between China Film and Golden Harvest, has become a little hesitant and is unsure whether he can still invest.

Of course, China Film Group can come up with hundreds of millions of dollars, and if it's investing in movies, there's nothing to worry about. But now, investing in a company makes Han Shanping a little unsure.

That's why he asked Leader Xu for instructions. Although the other party did not give a clear answer, he also understood what Leader Xu meant. In the end, he gritted his teeth and voted.

CITIC is such a large enterprise. Since others recognize it, there is nothing wrong for me to disagree with it.

"Mr. Han, why is Jiahe worth so much money? The valuation of 10.8 billion is too scary!" Zhang Guoli then asked.

“At first, I thought Liu Zhou was asking for too much on purpose, but then he showed us Golden Harvest’s revenue over the past three years, and I knew why he was so right.

In 2006, the entire Golden Harvest Group had a revenue of 9.2 million yuan and a profit of million yuan;
The most frightening year was 2007, with revenue of 15.6 billion and profit of nearly million;

In 2008, which was last year, the company had revenue of 12.4 billion yuan and profit of nearly million yuan.

Interest rates have been rising by a terrifying 50 percent every year.

And you may not know that Golden Harvest’s main source of profit is not domestic movie box office, but overseas distribution revenue.

Regardless of whether their films are popular overseas, Golden Harvest can fully exploit the potential of the films with its strong distribution capabilities.

In addition to Golden Harvest's own films, he also helped other companies with overseas distribution, and the profits were not low.

Before, we always thought that the movies produced by Golden Harvest had good box office results and many of them were hits, so they must have made a lot of money.

They do make a lot of money, even much more than you can imagine.

Not to mention anything else, just looking at their performance in the past three years, Golden Harvest Group is worth 70 to 80 billion, not to mention that they spent more than 1 billion to acquire the well-known Hollywood company Summit Entertainment.

Add to that the brand value of Golden Harvest and a certain premium, do you think the valuation of 10.8 billion is outrageous?"

"Oh my goodness, this Liu Zhou is so amazing! When he acquired Jiahe, it was less than 1 billion yuan. In just four years, the value has increased tenfold!"

After listening to Han Shanping's story, Zhang Guoli couldn't help but marvel at it, and even used the catchphrase of the character he played.

"Liu Zhou is indeed a person who cannot be viewed with common sense. I did not think there was any genius before, but after meeting Liu Zhou, I really felt that geniuses do exist in the world.

You have to know that Liu Zhou had no background and relied entirely on his own talent to get started. In just ten years, he was not only very successful as a writer, screenwriter, and director, but he also built a film and television group worth tens of billions.

Add to that the fact that he is also the helmsman and largest shareholder of another company with a higher market value, Sina Group, as well as a literary website with a considerable market value, and you can see how talented Liu Zhou is.

If you look closely at his path to success, you will be amazed.”

"After Golden Harvest goes public, Liu Zhou will become the richest man in the mainland, right?" Huang Jianxin asked. "It is very likely. Looking at the current popularity of Golden Harvest, its stock will definitely be very popular after it goes public. In addition, the stock prices of Internet companies are beginning to recover collectively.

By then, Liu Zhou may really become the richest man, the youngest richest man."

Zhang Guoli, who had recovered from his shock, couldn't help but say after hearing Han Shanping's words:

"Boss Han, can you help me get some Jiahe stocks?"

"Why do you want to buy it? Are you optimistic about Jiahe's IPO now?"

"Of course I am optimistic."

"It's no use being optimistic. It's hard for outsiders to buy Golden Harvest's shares. Liu Zhou didn't release many internal shares this time. They were mainly for the company's internal employees and artists."

"That's a shame. I was going to make some money with Liu Zhou and get some good luck at the same time."

"When Huayi goes public, won't you be able to share in the joy?" Han Shanping said with a smile.

"How can Huayi be compared with Jiahe? Its value is not even half of Jiahe's."

"Hahaha, if the Wang brothers heard you say that, they would definitely be silenced."

Seeing Han Shanping laughing so happily, Zhang Guoli and Huang Jianxin couldn't help but look at each other and then laughed.

They are not laughing at Huayi’s low value. Even if it is half of Jiahe, it is still worth more than 2 billion.

This market value is enough to make Huayi a giant in the industry.

The reason they laughed was that the Wang brothers often compared Huayi and Jiahe, but now that Jiahe’s true valuation has come out, Huayi and Jiahe are completely incomparable.

All three of them were familiar with the Wang brothers, so now they could all imagine the expressions on the faces of the Wang brothers as they looked at each other in bewilderment.

In fact, their guess was correct. After seeing the news, the Wang brothers looked at each other in disbelief.

The two were silent for a long time, and then Wang Zhongjun sighed and said:
"No, not at all."

"Brother, is this something the media is exaggerating? How could Jiahe be worth tens of billions? This is too scary."

"It can't be fake. Many authoritative media have reported it. Do you think a group as big as CITIC would be stupid?"

“But I still can’t figure out how they figured out that Golden Harvest is worth so much.”

"If you can't figure it out, forget it. Since the outside world is so optimistic about Golden Harvest, it shows that the film and television industry also has great potential, so our Huayi can also go public."

“We’re also going public?”

"That's right, we're going public. Although Huayi is not as good as Golden Harvest, we're not bad in the industry. And since Golden Harvest went public first, maybe we can follow suit and take advantage of their momentum."

In fact, Wang Zhongjun had already had the idea of ​​listing Huayi in his mind, but because Jiahe had been weighing down Huayi, he had always kept this idea to himself.

But now that Golden Harvest has gone public, he doesn’t want to hold it back any longer.

“If we want to go public, what should we do?”

"I don't know either, but we can ask someone who knows to come and give us guidance, and doesn't Jiahe have a good example? We can just follow it and learn from it.

I heard that Golden Harvest is going to have some celebrity shareholders. I think this is a great idea and we can learn from it when the time comes.”

"Isn't that because Golden Harvest has so many celebrities?"

“We have quite a few popular artists under Huayi, including male artists such as Deng Chao and Nie Yuan, and female artists such as Zhou Gongzi and Li Bingbing, who are not much inferior.

If Liu Yifei's mother hadn't stood us up, with Liu Yifei joining us, we would be no worse than them."

Just as the two were dreaming of listing Huayi, there was a sudden and hurried knock on the office door.

Wang Zhongjun motioned to Wang Zhonglei to open the door, and then he saw Zong Lei, head of Huayi's brokerage department, walk in.

"Mr. Wang, something happened. Mr. Zhou wants to terminate the contract." Zong Lei said hurriedly as he saw Wang Zhongjun.

"Mr. Zhou wants to terminate the contract? Why? Isn't he doing well?"

Just when he was thinking about the celebrity shareholders, Mr. Zhou, currently Huayi's top star, suddenly wanted to terminate the contract, which made Wang Zhongjun a little uneasy.

"I don't know, but he is very determined and would rather pay the penalty than leave."

“Are there other companies trying to recruit her?”

"I don't know, but I heard a piece of gossip here and I don't know if it's true or not."

"what news?"

"Mr. Zhou seems to want to join Golden Harvest and would rather pay the penalty himself."

After hearing what Zong Lei said, Wang Zhongjun suddenly fell silent, but his bulging temples showed that he was gritting his teeth.

At this time, Zong Lei continued to say:

"I heard that in addition to Mr. Zhou, Liu Yifei will also join Golden Harvest."

Suddenly, Zong Lei finally felt that something was wrong with the aura and quickly closed his mouth. A moment later, Wang Zhongjun's sudden attack scared him.

Wang Zhongjun picked up a Kangxi-era pen holder that he liked very much on his desk, threw it hard on the ground, and then said loudly:
"Fuck you, Liu Zhou, you are going too far!"

(End of this chapter)