Chapter 338 Liu Qiangdong and the formation of the board of directors

The financing of Golden Harvest shocked the entire industry and even the mainland business community. However, if we were to say who brought the most attention to this matter, it would of course be the majority of netizens.

Liu Zhou is already a very popular public figure. He has accumulated a large number of fans since he started writing novels.

Therefore, this incident also sparked a larger-scale heated discussion.

Liu Zhou’s fans in particular, while being shocked, also felt proud.

Although there are not so many categories of fans now, there will always be career fans who pay special attention to the career development of star idols.

Liu Zhou is even more so. He has been ranked second on the rich list for three consecutive years. Many fans are looking forward to the day when Liu Zhou can become the richest man in mainland China.

Now that Jiahe has raised funds and its valuation has exceeded 10 billion, when the company goes public, Liu Zhou's wealth will skyrocket. Isn't this a good sign for him to become the richest man?

So even though Golden Harvest hadn't gone public yet, some of Liu Zhou's fans had already started cheering online.

"I don't think there will be another billionaire this year. If Liu Zhou is ranked second on the Forbes list again, he will be the runner-up for a thousand years."

"It should be impossible. The financial crisis has just ended and the real estate market has fallen sharply. Even if it recovers, it will only recover slowly."

"Then can we congratulate Liu Zhou in advance on being elected the richest man in mainland China?"

"Don't open the champagne at halftime, or you'll get slapped in the face!"

"Speaking of which, how come Golden Harvest is so valuable? I used to think that Golden Harvest's movies were good, but I didn't expect that Golden Harvest's market value is as high as 10 billion."

“Don’t talk about you. The whole network may be surprised. But since even CITIC and China Film Group have approved it, it must be true. Maybe Golden Harvest has assets that we don’t know about.”

"Just wait for Golden Harvest to go public. Then I will definitely go and show my support and buy some Golden Harvest stocks."

"Looking at the current situation, we may have to fight for Golden Harvest's shares by then."

"By the way, has Golden Harvest announced when it will be launched?"

"Not yet. Now that we have started raising funds, it should be soon."

"So Golden Harvest is listed in the mainland? It won't go back to Hong Kong to be listed, right?"

“It shouldn’t happen. Jiahe’s registered address has been moved to Beijing, and the financing institution it chose is CITIC Holdings.

If we go public in Hong Kong, we will probably choose some investment institutions in Hong Kong for financing, but we don’t know whether we will list on the Shanghai Stock Exchange or the Shenzhen Stock Exchange.”

"According to the confirmed news, Jiahe Group will be listed on the Shanghai Stock Exchange, and the listing guidance is almost completed."

"real or fake?"

"Of course it's true. I believe that this news will be disclosed soon."

“I never thought a film and television company could be listed on the Shanghai Stock Exchange.”

"Brother, do you have any misunderstanding about the Shanghai Stock Exchange? With Jiahe's market value, how many companies listed on the Shanghai Stock Exchange can compare with Jiahe?"

"It seems so."

……

While the outside world was buzzing with the news that Golden Harvest was raising funds and about to go public, Liu Zhou was formally signing an investment agreement with Liu Qiangdong in a luxurious banquet hall of the Beijing Hotel.

Amid a burst of flashing lights, Liu Zhou, Xu Xin and Liu Qiangdong each signed their names, then exchanged documents, shook hands and allowed reporters to take pictures.

However, in the following interviews, although these reporters were specially invited, after answering several questions related to JD.com's financing, they inevitably asked Liu Zhou about Jiahe's financing matters.

The protagonist of today's press conference is Liu Qiangdong. Liu Zhou will not steal the show, so he will not respond to any questions about Golden Harvest.

Finally, seeing this, the reporter had no choice but to stop asking questions and focus on Liu Qiangdong and JD.com's financing.

Half an hour later, when the press interview time ended, it meant that the signing ceremony was officially over.

Liu Zhou, Liu Qiangdong and Xu Xin also came to the lounge next to the banquet hall.

As soon as he sat down, Liu Qiangdong spoke first:

“Thank you both for your investment in JD.com. With over 30 million US dollars, the development of JD.com will definitely not disappoint you.”

Liu Zhou looked at Liu Qiangdong's serious expression and said with a smile:

"I believe in Mr. Liu, and I also have confidence in JD.com's model."

Hearing Liu Zhou's words, Liu Qiangdong immediately laughed:

“I have met many investors before, but they have great doubts about our JD.com’s self-built logistics model. In their view, Internet companies should adopt a light asset model.

Mr. Liu, you are the second investor besides Mr. Xu who recognizes our JD model.”

This was the first time Liu Qiangdong met Liu Zhou. Although they greeted each other before the ceremony, they did not have a deep conversation, so he had no idea what kind of person Liu Zhou was.

The news of Liu Zhou's Jiahe Group's financing has been making a lot of noise these days, and of course he has heard about it.

Although he felt a little shocked and envious, these emotions came and went quickly because he didn't have the energy to care about other people's companies.

What he hopes most now is to sign the investment agreement smoothly, get the money, resolve the company's crisis, and then continue to lead JD.com forward.

So now, it was the first time that Liu Qiangdong officially sat down and had a good chat with Liu Zhou.

“If I didn’t approve of it, I wouldn’t invest.”

“Haha, that’s right. JD.com and I are lucky to have an investor like Mr. Liu who shares the same ideals as us.”

"Mr. Liu, you are flattering each other." This was said by Xu Xin of Today Capital.

"To be honest, I think JD.com is really lucky to have met Mr. Xu. I just happened to meet him by chance."

"You two are my benefactors. You can rest assured that investing in JD.com will never make you lose money."

Afterwards, Liu Qiangdong briefly told Liu Zhou and Xu Xin about JD.com’s future plans and how the funds would be used.

Liu Qiangdong was very grateful to the two for giving up their management rights for the company, but he also wanted to keep JD.com firmly in his own hands, rather than trying to cheat investors' money.

So in order to reassure the two, Liu Qiangdong also gave them a brief account of or reported JD.com's future plans.

Liu Zhou could see that Liu Qiangdong seemed to be in high spirits, so he didn't interrupt him and just listened to him quietly.

Liu Zhou knew some of the models of JD.com after it matured, but he was not very familiar with JD.com when it was still in its growth stage.

So even though he had some doubts, Liu Zhou did not raise them.

Moreover, Liu Zhou didn't want to speak rashly about issues related to the company's operations.

Although they had only known each other for a short time, Liu Zhou discovered that Brother Dong and Ding Lei were very similar. They were both insecure people who valued control of the company very much.

In other words, Liu Qiangdong is short of money. If he had enough funds, he would definitely keep his shares above 50%.

Moreover, even when JD.com was extremely short of money, he still tried to attract investment and held on to the management rights of the company tightly.

Therefore, Liu Zhou did not want him to misunderstand that he would interfere in his management of the company, so remaining silent was the best option.

This was originally a financial investment, and as long as he waited quietly, this investment would naturally become more and more valuable. After talking about the company's subsequent plans, Liu Qiangdong seemed to be particularly interested in Liu Zhou and kept looking for topics to chat with him.

From college to entrepreneurship, from interests to investments, and even to movies, we inevitably talked about the recent hot topic of Golden Harvest's financing.

"Mr. Liu, I really admire you. You actually managed a film and television company into a unicorn enterprise. It's really amazing."

A unicorn company is a company with a valuation of more than one billion US dollars, which is more common in the Internet industry.

Golden Harvest Group is currently valued at 108 billion, which is approximately 12.7 billion US dollars, making it a true unicorn company.

Nowadays, unicorn companies are very rare in any industry.

So Liu Qiangdong was not really complimenting Liu Zhou, but he really admired Liu Zhou.

Although different industries have different worlds, the scale of the domestic film market was only a few hundred million in the past few years, so it is no wonder that people from other industries look down on the film and television industry.

“No, it’s mainly due to the dividends of national development. As people’s living standards are getting better and better, the demand for entertainment is getting higher and higher, which has expanded the entire plate of the film and television industry.

That’s why Golden Harvest and other film and television companies are doing so well now, and Golden Harvest was just one step ahead.”

"Mr. Liu, you are too modest. The gap between Golden Harvest Group and several other companies in the film and television industry is quite large." Xu Xin said at this time.

Of course Xu Xin knew that Jiahe was preparing to raise funds for an IPO, and he was even quite interested in it.

So he spent some time investigating and understanding the situation in the film and television industry.

Therefore, he clearly understood that Golden Harvest Group was truly a leader in the industry.

Originally, she also wanted to participate in the financing of Golden Harvest, but was later scared away by the valuation given by Golden Harvest.

Today Capital's strength is not very strong. Instead of investing heavily in a film and television company with such a high market value, it is better to invest in Internet companies, which will have a higher rate of return.

Moreover, seeing the discerning eyes of Jiahe President Zhang Zhao and their CEO Yu Zhengjun when facing investment institutions, she also knew that they must be looking for a strong company.

Even if Capital Today can afford the money, it may not be a financing target considered by Golden Harvest.

So Xu Xin completely gave up the idea of ​​investing in Golden Harvest.

But the circle is so small. Although she did not invest in Jiahe, she unexpectedly invested in JD.com together with Jiahe’s boss.

"By the way, Mr. Liu, can our JD.com be embedded in the movie?" Liu Qiangdong suddenly asked.

“Of course, if it’s a movie or TV series about the city, it should be fine.

But I don’t care about the specific production business. If Mr. Liu has this idea, he can arrange for someone to find the relevant person in charge of Golden Harvest Group. Advertising placement is a very common thing nowadays.”

"Okay, I'll have someone go to Jiahe for consultation when I have time."

They chatted for a while, then had lunch together at the Beijing Hotel, and then went their separate ways.

Liu Zhou went straight back to Jiahe Group.

At this time, there seemed to be a little restlessness inside the Jiahe Group. The employees were all walking in a hurry and seemed to be more focused when working.

In fact, the middle and lower-level employees are not aware of the company's preparation for going public. They just feel that the management has become much stricter in recent times.

Now that Golden Harvest is planning to go public and the news has spread that its valuation is over 10 billion, not only the outside world, but even they as Golden Harvest's employees are shocked.

But after the shock came joy. After all, the company is so strong and they, as employees, are proud of it.

Especially when seeing the envious eyes of colleagues, this feeling of joy and satisfaction reaches its peak.

If the middle and lower-level employees were happy, then the senior executives of Jiahe who obtained shares were excited.

This round of financing can be said to have materialized the value of their shares.

They knew that Jiahe’s value was not low before, but now they finally know how high its value is.

Although it is only a few points of shares, each point is worth over 100 million.

How long have they been working at Golden Harvest? Less than four years at most.

In less than four years, he was able to reap a return of two to three hundred million, which is in no way inferior to those so-called working emperors.

Moreover, after the company goes public, the value of these shares may increase.

So in recent days, they have been walking with the wind.

Liu Zhou could understand their feelings, which was something he was happy to see, but now was not the time to relax.

After Liu Zhou returned to Jiahe headquarters, he called Zhang Zhao and Zeng Jia to his office.

After the two arrived, Liu Zhou said without further ado, looking at Zeng Jia:

"Is the signing ceremony for Liu Ye and the others ready?"

"Everything is ready. The date is set for February 24th, which is five days from now. The location is a luxurious business room in the Shangri-La Hotel."

"Have Mr. Zhou and Liu Yifei reached an agreement?"

"It's settled. Mr. Zhou is currently communicating with Huayi, and Huayi seems unwilling to let her go.

As for Liu Yifei, her mother has agreed to give up her role as agent and no longer interfere with Liu Yifei's work."

"Tell Ms. Zhou to stop getting involved with Huayi, pay the penalty and leave directly. If they want to sue, our Jiahe legal department will take over."

"Okay Mr. Liu."

"On that day, we will hold the early contract renewal ceremonies for Fatty Fan, Huang Xiaoming, and Qin Hao together to make it more popular."

After saying this, Liu Zhou looked at Zhang Zhao again and said:
"Mr. Zhang, please complete the follow-up with CITIC and China Film Investment and have them put the funds in place as soon as possible."

The money was transferred to Zhoushan Capital's account, and the shares Liu Zhou sold to CITIC and China Film were in the name of Zhoushan Capital.

Otherwise, if Liu Zhou traded with them personally, he would have to pay nearly half of the tax.

Although Liu Zhou is rich, he still feels distressed.

Currently, Zhoushan Capital still has a loan of US$200 million, so the company pays much less tax.

"Ok."

"Now that the shareholders are in place, we at Golden Harvest will also form a board of directors. I suggest that you, Mr. Zhong, and I join the board, and then China Film and CITIC will each have one seat."

Although Zhong Lifang no longer works for Golden Harvest, there is absolutely no problem for her to serve as a director of Golden Harvest.

This time, Liu Zhou planned to have only five seats on the board of directors. Letting Zhong Lifang join the board of directors not only adds a layer of insurance, but also makes her have a legitimate position.

In the future, she might have to do things on her own behalf from time to time, and it would be more convenient with the identity of Jiahe director.

"Boss Liu, isn't Boss Gao going to join the board of directors?"

"He won't join for now. After the company goes public, CITIC will slowly withdraw, and then let Mr. Gao join the board of directors. I will talk to him about this later."

(End of this chapter)