"Director Yu, do you plan to return to the GEM after delisting?"

Tang An chatted with them. Bernard's delisting was already in the process of going through the process. Two or three years later, Bernard successfully landed on the US stock market and was very popular. Now it has sadly withdrawn, which is very disappointing.

"Yes, after all the hard work, we still have to go back to the GEM." Yu Dong nodded, the matter had been decided, and now he looked away.

Wang Changtian asked, "Should we wait two years or buy a shell?"

Regarding Bernard's delisting, whether it is Tang An, Wang Changtian or Wang Zhonglei, there is not much gloating about it.

When I heard the news, I was a little nervous, but now that some time has passed, I just feel a little emotional.

Yu Dong smiled and said, "Just wait two years, there is no need to borrow money."

Wang Zhonglei said, "But now the film and television industry is on the fast lane. No one knows when it will slow down. If we miss this time, we still don't know what the future will be in two years."

Tang An shook his head, "It's only been two years. Bernard's business situation is very good. There won't be any big problems after two years. The explosive period of the film and television industry is not over yet."

Delisting is a very normal thing. It is a normal operation on any stock exchange in the world, just like listing.

According to statistics, from 1980 to the present, there are a total of 26,000 companies listed on the US stock market (including companies that have been delisted).

Excluding 6,700 companies whose existence status is unknown, about 5,300 of them are still listed, while 14,000 have been delisted.

It's easier to go public than to run it. It's not like everything will be fine once you go public and you just have to wait and count the money.

There are many reasons for delisting. It cannot meet the financial standards or market standards for continued listing and is forced to delist passively.

Delisting was caused by the negligence or illegal behavior of the legal person/company. Later, because of that accident, Red, Blue and Yellow was sued by a class action lawsuit in the United States, and news of delisting spread every day.

There is also Changsheng Pharmaceutical, which was about to be delisted immediately after that incident. Many funds valued their shares of Changsheng Pharmaceutical at 0 yuan.

However, the stock market is a magical place. Maybe some people want to take a gamble and turn their motorcycle into a Land Rover.

On a certain day, when this stock opened at the lower limit, in just two minutes, it was pulled from the lower limit to the higher limit, with a turnover of nearly 500 million, and this stock had experienced 32 consecutive lower limits before.

There is never a shortage of gamblers in the world, but this time there are not many people who are jealous and take advantage of the low price to buy, otherwise they will be trapped.

This incident later led to the joke that "you can't invest in Shanhaiguan" be brought up again.

Many companies have delisted illegally because of individuals. Apart from these two, some have taken the initiative to privatize like Bernard.

However, most of this is because the stock price is too low and the market valuation is low.

For example, Ahli was delisted from the Hong Kong Stock Exchange. Part of the reason was that the stock price continued to fall. The issue price was originally HK$13, which once rose to HK$40, and later fell to HK$3.6.

Ahli later recovered 27% of its shares at a price of HK$13 and completed privatization at a price of HK$3.6 at a cost of HK$18 billion.

It seems that the issue price and recycling price are the same, but Ah Li made at least half of it.

At a price of 3.6 Hong Kong dollars, it can be sold for 13 Hong Kong dollars. Shareholders and investors are also free from the risk of being trapped. It seems that everyone is happy.

Some people make money and some people lose money. Anyway, I don’t lose money.

During that time, Li was almost scolded by the media and became the representative of an unscrupulous company.

However, the main purpose of Ah Li is to Yahu for the development of the company, and a series of operations will be convenient after privatization.

Simply because the market value of Bernard is too low, the film and television industry is listed on the market for three reasons: cashing in and making money, influence and popularity, and financing.

Yu Dong has not cashed in much money, and his reputation is not as good as that of Huayi. Not to mention the amount of financing, he has not raised much money at all in the past two to three years.

Unlike Huayi, the film and television company with the highest market value, it is so famous that Wang Zhongjun and Wang Zhonglei also cashed out a lot of money.

In the second half of last year, Huayi made three consecutive mergers and acquisitions, causing the market value to skyrocket. Wang Zhongjun cashed out 600 million in three months, and Wang Zhonglei also cashed out more than 200 million, making a fortune.

When cashing out when the stock price soared, a reporter asked Wang Zhongjun if he had no confidence in Huayi.

Wang Zhongjun replied: "I also want to live. The salary I receive from the company is only several hundred thousand. I am also a person who can spend money. I can't survive without selling stocks. I don't have that much energy to continue working for shareholders."

live."

If you don't sell stocks, you can't survive. It's true.

Not to mention financing, Huayi has been doing mergers and acquisitions in the past two or three years, and most of them are acquisitions at a premium. 500% is nothing. Last year’s acquisition of Yinhan Technology was at a premium of 1,400%. That’s called a wealthy person. Anyway, there are stock investors

Pay the bill.

Although Guangxian didn't make many big moves, he still saved more than 2 billion and won Maoyan in one fell swoop.

Bernard is shabby. The development of movie theaters is slow, and they are all financed by the profits of theaters and companies.

Although Tang An couldn't see much frustration in Yu Dong's eyes now, this incident still dampened Yu Dong's energy and directly caused the former boss of the country's number one private publishing company to lose his ambition to win the championship.

Later, when Ahli and Tengxun were coming in force, the former three giants Wang Zhongjun, Wang Changtian, and Yu Dong were all asked more than once about their views on the Internet's invasion of the film and television industry.

Wang Zhongjun said: "The film industry will not be the largest in BAT ten years from now. Alibaba's filmmaking has nothing to do with me!"

Wang Changtian also emphasized: "Film and television companies will not work for BAT!"

Only Yu Dong said in an interview: "What Bernard has to do is to continue to produce good movies in the ten years when we are young and strong, and still be profitable. In the future, we will eventually be acquired by BAT."

I can only keep making movies, and in the end I will be acquired by BAT. This is not like what a person who once stood at the top of the industry would say. He has completely lost his temper.

None of the successful entrepreneurs in China have gone through many hardships.

When Liu Dongqiang was young, he sold CDs in Zhongguancun. At that time, his milk tea sister was only 6 years old. In 2008, his capital chain broke and he grew old overnight.

Ma Huateng started QQ, pretending to be a girl to chat with.

Wang Jianlin was sued 222 times in the three years since he started his business.

Ma Yun failed to start a business 4 times and applied for jobs twice, but was rejected because of his appearance.

There are also many people who went bankrupt, went to jail and then rose again.

Yu Dong is also too smooth. He is the youngest deputy director of Beijing Film Studio. His first movie after founding Bernard was a great success. Then "My Brothers and Sisters" opened Yu Dong's door to Hong Kong movies.

Monopolized the distribution of Hong Kong films in the Mainland.

Cooperating with Poly Huayi directly allowed Bernard to dominate the number one private film company for four consecutive years. If it weren't for Tang An, it would have been seven consecutive years.

The listing on NASDAQ was considered smooth and no major difficulties were encountered.

This time it was delisted from Nasdaq, with a market value less than one-fifth of Huayi, and everything was starting from scratch.

If the leader of a company loses his spirit, no matter how capable he is, he will not have much future.

At that time, Liu Dongqiang built his own logistics system when everyone was not optimistic about it. There were pessimists inside and outside the industry, and Ma Yun, who was half of his peers, did not agree.

Although this almost caused Jingdong to go bankrupt, Liu Dong was tough and managed to survive.

If it were another person, without Liu Dongqiang's determination and without its own logistics system, Jingdong would not be able to achieve what it is today.

After all, the two most important points of Jingdong are the delivery speed and the return and exchange system. The former is faster than Shunfeng, while the latter would not be able to achieve this level without its own logistics.

Bernard was unlucky, Huayi later became the chicken that "killed the chicken to scare the monkeys", and Wang Changtian, the shrewdest and most ruthless man, had the last laugh.

But now, Wang Changtian's investment in movies is still small, and he has not participated in any blockbusters.

Tang An joked, "Dr. Wang, you have acquired Maoyan with such a big deal this time. I don't know when you will be able to make a blockbuster movie. It's not consistent with your status as Director Wang."

Wang Changtian smiled and said, "That's what Director Tang said, but I also recently invested in a movie about "Zhong Kui". The investment is close to 200 million, which can be considered a blockbuster."

Tang An said, "That is a project controlled by Dasheng International. Director Wang also counts it as his own."

"As for "Mermaid," the production cost was 300 million, and Guangxian was the main producer."

Speaking of "Mermaid", Wang Changtian couldn't hide the smile in his eyes.

This piece of cake was coveted by countless people inside and outside the industry, and in the end Guangxian finally bit off a big piece.

Moreover, giants such as Lili, Wanda, China Film, and Hantang are also vying for it. At present, all investment and issuers have not yet completed negotiations.

Tang An smiled and said, "I forgot about this movie. I really want to congratulate Director Wang."

Tang An is also sending people to talk about this movie, which will sell more than 3 billion yuan in the future.

There are so many people who want to participate, and currently only four main parties have been confirmed: Guangxian, China Film, and Zhou Xingchi’s Xinghui.

Xinghui invested Chow Sing-Chi's salary, producer fees, director fees, and screenwriting fees totaling 60 million.

Although it is a bit less than the nearly 90 million that Xu Zheng later paid for producer + screenwriter + director + actor in "囧Mom" combined, it is still a high number.

Tang An received a salary of 100 million in "Operation Red Sea" because several second- and third-generation people came to extort money. The military and government relied on this film to seek help, and they all came to invest. Tang An calculated the salary as 100 million.

, to drive up the cost.

Things that can't be helped are often encountered in the film and television industry. There was no chance before, but now we finally get the chance, and those people will not let it go.

As for "Mermaid", which Zhou Xingchi is currently preparing, there are a lot of people reaching out, even if this film is not like "Operation Red Sea", it relies on the government.

For many popular movies, you don’t have to watch them to know that they are likely to make money. There will be a lot of small companies and handbag companies investing in them, and it is generally difficult to refuse.

In comparison, Tang An is pretty good. They are all exchanges of equal value. If you can help, just give him a little bit. Otherwise, unless your parents are crazy about you and they are just too good, then there is nothing you can do.

But people at that level don't care about this little bit of profit. They can make more money by using their connections to do real estate or something like that than by investing in movies.

"Mermaid" is still short of the final investment of 50 million yuan. Han and Tang wanted to invest many times, but Zhou Xingchi rejected them all, and he refused to give money to others.

Tang An didn't know what Zhou Xingchi was thinking, but Zhang Qiang went to talk to him many times, but to no avail.

If you don’t want to invest, you can only get the issuance rights, which means you have to fight for money.

No matter how much Zhou Xingchi doesn't want to cooperate with Tang An, as long as the offer is high enough, he can't refuse.
To be continued...