Ten minutes later, Wang Li invited Fu Hua into the office of the chairman. Sun Zhaohui smiled and shook hands with Fu Hua: "Congratulations, Dong Fu, the company can be successfully listed in Hong Kong, it is not easy."
Fu Hua smiled and said, "Thank you. In fact, even if my Xihai Investment is listed, it is still far behind Sun Dong. Even if the company is listed, the size of Xihai Investment is still incomparable with Zhaohui Group. Yes. Sun Dong is not simple."
"Fu Dong is polite, everyone's circumstances are different," Sun Zhaohui smiled and let Fu Hua sit down on the sofa. "The only entertainment president Hu told me that you have some questions about the investment project of the only entertainment in Haichuan City. I want to talk to me about things. To be honest, I really don’t know what else I can talk about with you. In the investment of the only entertainment, I have made a serious investment mistake. I have not done enough rigorous due diligence in advance. As a result, the investment has suffered heavy losses, which makes it difficult for me to explain to the board of directors. I really don’t know what else I can talk to you about the only entertainment investment project."
Sun Zhaohui’s remarks have basically set the tone for today’s conversation. He explained that his investment in the only entertainment has caused the group to suffer heavy losses, and there is no way to explain it to the board of directors. On this premise Next, there should be no more investment in the projects that Fu Hua wants to talk about. This is blocking Fu Hua's mouth in advance, making him unable to say what he wants to say.
Fu Hua couldn't help laughing, and looked at Sun Zhaohui and said, "Dong Sun, you don't need to tell me this beforehand. I know you don't want to hear topics related to the only entertainment investment project. I have worked so hard. I just saw you and didn’t say a word, and I thought I’m sorry for Mr. Hu. Do you think it’s okay? I say it, you listen to it. If I’m done, you’re not interested in what I said, and I’m too I won’t force you, even if it’s a waste of your time."
Sun Zhaohui glanced at Fu Hua and said with a smile: "It seems that Dong Fu is quite confident about what you want to tell me. Since it's like this, then I'll listen to it."
"Actually, I understand why Sun Dong chose the only entertainment project for capital injection. The current economic situation at home and abroad indicates that the real estate industry is about to enter a down cycle. Take precautions. You should take the lead when the industry downturn is not obvious. , There is nothing wrong with investing in a company in the entertainment game industry like Only Entertainment, and Only Entertainment is now in deep trouble, which is in line with your consistent investment style. Only when it encounters a difficult situation, Only Entertainment will sell its assets at a low price. You will get even more lucrative benefits. Investing? In fact, it’s just four words. Buy cheap and sell expensive. It just depends on whether investors can get in at the most suitable time."
"Buy cheap and sell more expensive," Sun Zhaohui laughed, "It seems that Dong Fu really understands my style."
"Dong Sun is now a legend in the business world," Fu Hua said with a smile, "I don't need to understand this, someone has already summarized it for you. I feel that even this time you have suffered a heavy loss in the only entertainment. , It can’t be said that your vision is not good. The only entertainment project is no problem. The problem is that Song Bushi spread the stall too much and has no shoulders to take responsibility after the accident.”
"Fu Dong, I am here to interrupt you," Sun Zhaohui said with a smile, "You have been talking to me for a long time, but the topic is still the only entertainment item. I'm sorry. What is the problem with the mistakes in this project? When I look back when I’m free, I will analyze and summarize it myself. Isn’t this the end of our conversation?"
"I know that your time is precious, and I don’t want to listen to me saying these things that seem to be useless," Fu Hua said with a smile, "but you have listened to the key sentence I want to say below. After listening, if you still I feel like I'm wasting your time, then it's not too late for you to serve tea.
Sun Zhaohui looked at Fu Hua and smiled and said: "I still have time to listen to another sentence, but Fu Dong, the words are in the head, you finish this sentence, if I am still not interested, then I have to Please."
Fu Hua smiled and said, "That's natural, and I'm not a stubborn person."
Sun Zhaohui smiled and said, "Then please tell me."
Fu Hua smiled and said: "If I say that I have a way to help you reduce your investment loss in Only Entertainment, how can I help Zhaohui Group find an opportunity for business transformation?"
"Opportunities for business transformation?" Sun Zhaohui is not very interested in what Fu Hua said to restore the investment loss in the only entertainment. He is a person who accepts reality. The tens of billions of funds he has injected have basically been It is confirmed that the loss has been accrued. Even if Fu Hua is really likely to find a way to reduce the loss on the project, it may not be of much effect. However, he is interested in the opportunity of business transformation. He has one in his heart. Ideally, that is to build Zhaohui Group into a century-old store. Even if others are gone in the future, Zhaohui Group can still operate in a sustainable manner. If you want to operate continuously, you naturally need to find a sustainable business. "Fu Dong, what do you mean by this business transformation opportunity?"
"I wonder if Dong Sun went to Haichuan City, where the only entertainment investment project is located this time, to take a look?"
Sun Zhaohui shook his head and said: "This is not true, but Haichuan City is a third-tier city. The economic capacity of third-tier cities is not good. It is not attractive to large real estate companies like Zhaohui Group. If you want me to invest in the past. Real estate, don’t talk about it early. The real estate industry in third- and fourth-tier cities has indeed been booming some time ago, but it is mainly due to the country’s shantytown renovation policy, and the consumption capacity of their own residents is insufficient. And the shed reform policy has also arrived. In the closing period, it is impossible for me to rush over and increase investment during the ebb period."
Fu Hua laughed: "Dong Sun, don’t let your vision be limited by the real estate industry. Have you forgotten that the only entertainment you inject is to transform the entertainment and game industries into real estate? A third-tier city like Haichuan is pure real estate. There is definitely no big market, but if you turn your eyes to the industries of film, television, entertainment and tourism, isn't your vision different?"
Sun Zhaohui glanced at Fu Hua: "If you make your words clearer, how about turning to film and television entertainment and tourism, so that your vision is different?"
"Actually, Haichuan City is a famous summer resort. There are mountains and waters. The mountains are the famous Taoist holy site Kunyu Mountain. There are Quanzhen Taoist temples on the mountains. There are Wuran Temples built during the Sui and Tang Dynasties. The water is the sea. The sea area should be regarded as the junction of the Yellow Sea and the Bohai Sea, with well-known beaches and bathing beaches..."
"Fu Dong, I really don't understand what you said to me is of the essence," Sun Zhaohui looked at Fu Hua and shook his head and said, "What you said to me, there are things that I know and some that I don't know, but I listen to them. After a long time, I didn't understand what Zhaohui Group could use as an investment point for business transformation."
"What if you combine these tourism resources with the film and television entertainment industry? For example, if you invest in the only entertainment area there to build a film and television base?" Fu Hua said with a smile, "In fact, the reason why Haichuan City has been They are all third-tier cities that cannot be developed because they have never found a point to fully drive the economy. If this rich tourism resources can be used, the economy will soon be driven up. This is not the case in China. The precedent for this, isn’t the famous tourist city XX developed in this way? XX city can be, and I believe Haichuan City is also possible.”
Sun Zhaohui pondered for a moment and said, "Fu Dong, I admit that your idea is a bit different, but there is one thing. If you are familiar with the business development trajectory of Zhaohui Group, you should know that Zhaohui Group generally does not do pre-incubation. Working, I’m used to the kind of projects that will be transformed into profit soon after taking over.”
Fu Hua laughed: "Dong Sun, didn't you just want to switch to the entertainment game industry, the only entertainment industry, because the early-stage fast-turnover operation mode of Zhaohui Group could not continue. It is true that I said this. The turnover of this method is much slower, but its investment is estimated to be not as large as the real estate industry, but the return is not low at all."
Sun Zhaohui looked at Fu Hua for a long time and was silent. He was thinking about whether to take over what Fu Hua said was the only entertainment project invested in Haichuan City. What Fu Hua said is indeed a good idea, but this idea The early investment is also very large, he is a little hesitant to invest, after all, he just lost a lot of money in the only entertainment.
"Fu Dong," Sun Zhaohui said while looking at Fu Hua, "As far as I know, your company is likely to do the Beijing Financial City project next. Your current capital investment should be in Beijing, even if Haichuan City is In your hometown, you shouldn’t be so concerned about the status of the only entertainment project in Haichuan, so can you tell me why you want to persuade me to save that project in Haichuan?"
Fu Hua looked at Sun Zhaohui with a scrutiny gaze, and knew he needed to say a little convincing reason. After thinking about it, he smiled bitterly: "Dong Sun, tell you the truth, although The reason I am optimistic about the Haichuan City project is definitely its establishment, but I have a little selfishness in supporting this project. The leader of this project used to have a good relationship with me. She may be affected by this project now. I Naturally, you can't just sit idly by."