The only entertainment company’s Beijing headquarters building. In the meeting room, Hu Junsen and Lin Zhe sat opposite each other, each signed their own names on the contract, stamped the company’s official seal on the contract, and reached out to hold the contract across the large conference table. The text was handed over to the other party, and the contract text was exchanged, which is regarded as the completion of this contract.
The signing of the contract was finalized after many negotiations between the two parties. Lin Zhe’s Xinyuan Group invested 600 million yuan to acquire 50% of the equity of the only film and television subsidiary under the only entertainment company. This is a price that is already as low as the dust. In its heyday, the only asset of the film and television was estimated by an accounting firm at a price of 8 billion.
Now the only entertainment business has completely collapsed, and the estimated price of the current only film and television is only a little more than one-tenth of the original price. But even if it is very cheap, the only entertainment has to be accepted. The only entertainment is now highly indebted, and the only film and television can be regarded as an asset that can still be sold. To reactivate the only entertainment, the introduction of new funds is an indispensable part, so Sun Zhaohui and Hu Junsen know clearly that Lin Zhe is taking advantage, but they still smiled and signed an equity transfer agreement with him.
For Lin Zhe, Xinyuan Group’s real estate development project has also entered a bottleneck period. Shenzhen’s old city reconstruction is basically in the stage of clearing out inventory, and the group’s acquisition of land in Beijing is not very smooth. Xinyuan Group urgently needs to find a new economic growth point. So Lin Zhe's eyes were placed on the only entertainment film and television project.
Although the only entertainment business has encountered great setbacks in its development, Lin Zhe feels that it is not the only entertainment that all projects have no development prospects. China's domestic film and television market is showing vigorous vitality, and domestic box office revenue is creating From the perspective of development trend, it is only a matter of time to surpass Hollywood.
With the development of China's economy, the production of TV dramas and variety shows has become a lucrative project. A popular drama or variety show can often bring rich returns to investors. This is also capital keen to invest. The driving force of film and television projects. As the pioneer in this regard, the only film and television program has produced some big-selling film and television programs.
For these reasons, Lin Zhe approached Sun Zhaohui and discussed with him the acquisition of some of the only equity in film and television. In fact, Sun Zhaohui and Lin Zhe share the same views. He also thinks that the only film and television is the most valuable asset in entertainment, followed by the only entertainment main business mobile game. Therefore, he is actually reluctant to sell this part of the equity.
However, Sun Zhaohui still wanted to pull Lin Zhe into the game of the only entertainment. Lin Zhe was actually a real estate developer of the same level as him, and he was able to operate large sums of money, so he pulled Lin Zhe into this game. , So that Lin Zhe can share with him the problem that the only entertainment is currently facing. It's better for two people to share the burden than one person to fight hard, so letting Lin Zhezhan something cheaper is acceptable.
As for the negotiation of the specific content of the agreement, Sun Zhaohui did not personally come forward, but handed over the negotiation to Hu Junsen, the general manager of Only Entertainment. This is not a very easy matter to handle. It should not only be consistent with Lin Zhe, but also Song Bushi's consent in the United States must be obtained for important matters. Hu Junsen is a person who can communicate well with Song Bushi, so he is the best candidate for negotiation.
After arduous negotiations between Hu Junsen, Lin Zhe, Song Bushi and others, the parties finally reached an agreement and formed a final equity transfer agreement. This is the agreement that he and Lin Zhe formally signed just now. Hu Junsen shook hands with Lin Zhe on the other side, and said with a smile: "Dong Lin, you really made a big deal this time. With just this amount of funds, you can take away 50% of the shares in the only film and television."
Lin Zhe laughed, "Mr. Hu, what you said is not objective enough. We only get what we need. You need funds and I need projects. Now everyone has got what they want, there should be no one. Taking advantage is a disadvantage."
At this time, the door of the conference room was pushed open, and the lady at the front desk came in with a few people wearing securities inspection clothing, looked at Hu Junsen and said, "Mr. Hu, these securities inspection leaders said they were looking for the company. principal."
Hu Junsen signaled the lady at the front desk to go out first, and then looked at several people in the uniform of the CSRC and said: "I am Hu Junsen, the general manager of the only entertainment company, and I am currently in charge of the company's operations. May I ask some people who want to find the company responsible? ?"
The man in uniform for the master shook hands with Hu Junsen, showed his work certificate, and then handed him an inquiry letter: "Mr. Hu, someone reported to us that the only entertainment company was listed for the purpose of listing. Fabricating false financial data and inflating profits to meet the listing requirements, now I want your company to send an inquiry letter, and you will give a clear explanation of the content of the report within a time limit."
Hu Junsen’s face suddenly turned pale. Others didn’t know him, but he knew that the only entertainment at the beginning was actually unable to meet the requirements for listing. He and Song Bushi came to Beijing to find Sun Zhaohui to help coordinate their relationship, and Sun Zhaohui helped them find it. The mysterious Si Ye, after some operation, the only entertainment reached the listing standard and was able to be listed.
The only entertainment is unlikely to have undergone a qualitative change in a short period of time. Therefore, the mysterious Fourth Master must have been involved in the file, and this will turn the non-qualified ones into a qualified listing. company's. Therefore, Hu Junsen is very clear about the issues involved. Now this problem has finally been exposed. If such false information is fabricated to deceive the listing, the consequence is likely to be the delisting of the company by the Securities Regulatory Commission.
The listed company should be the last layer of protection on the only entertainment body. With this layer of protection, the only entertainment may be able to survive for a while. If this layer of protection is removed by the relevant departments, the only entertainment will be the next one. Fate will be extremely tragic. Especially those holders of the only entertainment stocks who have suffered heavy losses due to the company's delisting, they will surely initiate a class action lawsuit against the only entertainment, which has basically cut off the hope of the rebirth of the only entertainment.
Hu Junsen took the letter of inquiry with strong support and sent the person who was inspected by the Securities Regulatory Commission away. At this time, Lin Zhe looked at Hu Junsen and asked, "Mr. Hu, what has happened? What problem does your company have that will be issued by the securities regulatory department?"
Hu Junsen said with a smile: "Dong Lin, don't get me wrong. I am one of the people who handle the only entertainment listing. I can guarantee that the listing process is strictly in compliance with relevant regulations. However, there will always be some people who are afraid of the world. Chaos, seeing that the only entertainment is now in a predicament, I took the opportunity to spread rumors that the only entertainment had a problem with its listing. You can completely ignore this."
Lin Zhe glanced at Hu Junsen and said with a smile: "I believe that your company should be fine, but the agreement we just signed needs to be approved by the Xinyuan Group board of directors. If your company cannot clarify at this time Regarding the inquiry letter, the board of directors will definitely not approve this agreement, so can you trouble Mr. Hu to return the contract text to me first, and wait for the securities regulatory department to investigate the matter and confirm that there is no problem with your company. We are executing in accordance with the content of the contract, do you think it is okay?"
Hu Junsen scolded his mother in his heart. The guys from the Securities Regulatory Department would really find time to send the inquiry letter at the festival where they are about to sign the agreement. As long as it is a short night or a day, the agreement will be officially concluded. , He can also ask Lin Zhe to perform the agreement. But right now he couldn't help Lin Zhe with this agreement. Not only did he appear guilty in conscience, but even if he held the agreement, Lin Zhe would not necessarily implement it in accordance with the agreement.
"It depends on what you said," Hu Junsen could only forcefully return the text of the agreement that Lin Zhe gave him back to Lin Zhe. "It depends on what you said. Cooperation was achieved based on the trust of both parties. Since you If you still have doubts, I will return the text to you first, and when the inquiry letter has been clarified, we will come to officially sign the contract."
Lin Zhe took their contract and returned the contract that Hu Junsen had exchanged to him. Then he shook hands with Hu Junsen and bid farewell to the sole entertainment company.
After Lin Zhe left, Hu Junsen called Sun Zhaohui: "Dong Sun, this agreement between us and Lin Zhe was not signed. Just now, the Securities Regulatory Department sent an inquiry letter saying that someone had reported it. The only entertainment that forged financial data, inflated profits, and defrauded the listing, requires us to explain this. Do you think there is a way to solve this?"
Sun Zhaohui on the phone was stunned for a long time. Originally, he was thinking about Lalinzhe entering the game and facing the only entertainment tiankeng with him. He didn't expect the matter to be handled properly, and suddenly a whistleblower appeared, and It’s very accurate to choose what letter of inquiry he came to send at the festival when he was about to sign with Lin Zhe.
At this time, Sun Zhaohui didn’t think that Li Susheng was doing the trick. He asked, “Mr. Hu, I remember that you and Song Bushi came to Beijing to communicate with each other. The person who communicated last time, let him help solve it? This is something he did. Since it left a tail, it should be handled by him."
"I know this, but the Fourth Master we went to find at the beginning was Sun Dong, you helped us to get in touch. Can you come forward to find him again?"