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Chapter 167

"As for National Star Movies, its bosses are the famous Xiang brothers. They made their fortune from movies, so it's impossible for them to sell their jobs themselves."

"As for the other Shaw Brothers, needless to say, that old gentleman's energy is probably not weaker than any other wealthy family, and he is unlikely to be sold."

Speaking of this, Li Jin spread his hands and said with a smile: "Using the elimination method to eliminate it, won't there be only Huanyu?"

Huo Zhenzhou nodded while listening, and finally praised: "Yes, it is indeed a joy, A Jin, now I am beginning to be glad that you and I are business allies, not enemies."

"Uncle Huo, are you sincerely planning to sell Huanyu?" Li Jin asked.

Huo Zhenzhou nodded and said, "Huanyu's boss Lin Ming and I have been friends for many years."

"This Huanyu Film Company is a branch of Huanyu International Group. It was fine in the early years and made a lot of money from the film industry. But starting from this year, the movies in Hong Kong City have begun to go downhill."

"It is precisely because of this that he plans to shift his focus from the film industry to financial asset management and take an international approach, so he intends to spin off the entire entertainment industry and sell it separately."

Listening to Huo Zhenzhou's words, Li Jin felt that Lin Ming, the boss of Huanyu Films, still had a vision.

In the past life, the peak of Hong Kong movies was in the 1990s, with the Young and Dangerous series, the God of Gamblers series, and the Zhou Xingxing series of movies, which fed the youth of an entire generation.

However, after 2000, it began to gradually decline, and this situation has continued until 2020 without relief.

However, in his previous life, Lin Ming did not sell the film company.

"How much does he plan to sell for?" Li Jin asked.

Huo Zhenzhou frowned slightly and said: "This is the difficult part of this matter. To be honest, if the company Huanyu Pictures didn't fully meet your requirements, I would have almost excluded it."

"Lin Ming's first preference is to find a large and powerful buyer, and then exchange equity for the large buyer's equity in other companies."

"If you want to buy it in cash, the asking price of the entire Huanyu Pictures will be no less than 2 billion."

After listening to Huo Zhenzhou's words, Li Jin finally understood why Huanyu Pictures was not sold in his previous life.

This Lin Ming is simply crazy about money.

What is the concept of 2 billion? Li Jin only spent 10 million to control Tengxun.

Although You Teng Xun is a start-up company, it is far from developed.

But in Li Jin's view, even if Huanyu Pictures currently controls a lot of movie copyrights and theater resources, the maximum amount is only 1.5 billion.

At such a price, it would be a shame if someone bought it.

No wonder Huanyu Pictures didn't sell it in the end.

"The market value of the entire listed company of Huanyi International is only 5 billion. If he wants to sell a film subsidiary for 2 billion, it would be a big deal." Huo Anlan frowned.

"You can't say that." Li Jin shook his head.

"Many things cannot simply be measured by market value. If you see something you like, it doesn't matter if you spend a little more money. If you see something you don't like, you may not buy it even if it is lower than the market price."

Huo Zhenzhou smiled and said: "That's indeed the truth. Its physical volume is as big as that of Huanyu Pictures, so it is normal to have a premium."

"After all, although Hong Kong's movies are not as good as before, the market is still there. What's more, as one of the top five companies in the market, Huanyu Pictures has a set of the best industry systems."


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