The signing of this contract can be said to be the formalization of the young sailing ship of Shoreline Company.
This time, Walt Disney acted as an "intermediary" and did not charge an "agency fee".
This contract can be said to be Disney’s guarantor for North American theater companies. Foreign theater companies led by North America do not believe in Coastline Technology, but they obviously believe in Walt Disney more. After all, Dibaobao is now a multinational company with a market value of more than 250 billion US dollars.
Giant.
It has to be said that Walt Disney has a unique vision. He bought the "Star Wars" series from Lucas and made a lot of money, and then bought "Marvel" and made a lot of money again. Recently,
One of Disney's biggest big moves was the acquisition of Century Fox, and major IPs such as "X-Men", "Fantastic Four" and "Avatar" were all brought under Disney's umbrella.
And now he dares to act as a guarantor for a little-known company. This Mickey Mouse can really do anything.
All I can say is that having money means you are willful and can do whatever you want.
According to the content of the agreement, Coastline Technology received a large single contract of US$1.52 billion, requiring the shipment of a total of 15,000 sets of holographic host projection equipment products by October 9, 2020, leaving Coastline with only
It has been less than two years, and the average price of a holographic console is about 700,000 yuan.
It is definitely a huge profit, because the cost of the hardware for a set of holographic consoles, from production to shipment by the foundry, is less than 40,000 soft sister coins, and 84 million U.S. dollars in exchange for 1.52 billion U.S. dollars in revenue. This is really
It's no different than stealing money.
Of course, this is Ye Hua's advantage, because his research and development costs are almost zero. If you have money, you can do whatever you want, and cheating men can also do whatever you want.
But in fact, in terms of product value, holographic technology is more than one level higher than imax, and the cost of an imax projection system has reached a sky-high cost of 20 million yuan. Because of the huge investment in research and development, the price cannot be lowered. Compared with
A holographic projection system is simply a bargain.
But then again, price and value are concepts that are easily confused. The low cost and price of holographic technology does not mean that its value is low. Coastline Technology can create high-value products at such low prices. That is the technical strength of Coastline Technology.
And in order to encourage invention and creation, technological monopolies are protected by law, including intellectual property protection and patent laws. This is where high-tech companies make money.
In fact, Ye Hua originally wanted to take the high-end route. In short, it was an even more insanely high price. If the imax was 20 million, the holographic projection equipment would be sold for 10 million, a thousand sets sold, and 6,500 sets less.
, the total profit is almost the same.
From a business perspective and for profit purposes, this is obviously more profitable. The global market share of Apple mobile phones is less than 20 points, but it has taken away more than 80 points of profits. Referring to Apple is enough to get a glimpse of the situation.
It’s just that Ye Hua wants to do this, but the objective conditions do not allow it, because the start of Coastline Technology is too difficult, there is no money, and there is no market. As of now, from beginning to end, whether it is the market, funds, etc., Ye Hua is short
To trap White Wolf, those who are willing to be trapped by him are not stupid. They need Coastline Technology to pay matching benefits.
If you want to take the high-end route, Dibaobiao will not give you any trouble. How much box office can five hundred holographic screens or one thousand holographic screens bring? Walt Disney is not stupid either.
However, Ye Hua didn't get too entangled. There was endless money to be made, so he should regard this contribution as paying for Coastline Technology's difficult start.
Even so, if you take advantage of the monopoly on core technologies and take the popular route, you can still make a lot of money. This is a super fat deal of US$1.52 billion.
According to the agreement, for this large contract, the theater company of the product purchaser paid a deposit of US$60 million in advance. This money was used by Coastline Technology to pay for outsourced OEM products, because Coastline Technology had no money, although Baofeng Technology
150 million was spent, but that money could only be used to supply products for Baofeng Private Shadow and could not be used for other expenditures.
Therefore, we can only use the empty-handed approach again. One is willing to fight and the other is willing to suffer. Disney, as the guarantor, must be responsible for the theater company and bear the corresponding risks. Moreover, the US$60 million is a deposit rather than a deposit.
To put it simply, the deposit is refundable. If there is a breach of contract, you need to compensate according to the liability for breach of contract. Once the deposit is paid, it is difficult to return it.
If Ye Hua runs away or something, overseas theater companies will have no choice but to go to Di Baobao to settle the accounts.
You should know that in 2012, Lao Wang acquired 100% of the equity of AMC Cinemas, the world's second largest theater chain company, for US$2.6 billion, assumed all its debts, and invested US$500 million in working capital.
For this large order of US$1.52 billion, it is absolutely impossible for theater companies to take risks without guarantees. If it were not for the guarantee of a super giant like Walt Disney, the theater companies would not have the guts to do so if they were not careful.
It will be bankrupt and liquidated, and I won’t be able to afford the compensation even if I sell my underwear.
1.52 billion US dollars is indeed an unimaginable sky-high price, but compared with Walt Disney's swallowing of Fox, it is simply a piece of cake. It is also a matter of Sager's teeth. On July 27 last year, it was held at the Hilton Hotel in downtown New York.
A special meeting was held, and the shareholder vote lasted ten minutes, with a total value of US$85.1 billion, and the Disney-Fox deal that had been debated for eight months was finally settled.
Comparing US$1.52 billion with US$85.1 billion, it is not even a fraction of this Mickey Mouse.
Relatively speaking, it is only a direct economic loss of 60 million US dollars and a waste of energy. Compared with its ultra-high return, this loss and risk is enough reason for Walt Disney to accept it.
A large contract of US$1.52 billion does not mean that it will be paid after it is signed. If Coastline Technology wants to get the remaining US$1.46 billion of this revenue, it needs to wait until October 2020, and Walt Disney will directly account for it.
This is a real giant, and cash flow of about US$1.5 billion can be withdrawn at any time.
After the contract was signed, Ye Hua's first priority was to organize the company to find a foundry to mass-produce holographic projection equipment. Fortunately, the core of the product of computing holographic equipment is not the hardware itself, but the winding path algorithm in the software. Only in this way can full power be delivered to the foundry.
To make products, if the key core technology is in hardware, then you must establish your own production line, a complete set of hardware leak prevention processes, corresponding patent applications, etc. It is absolutely impossible to complete the contract requirements in October 2020.
of.
What Ye Hua has to do now is to delegate the order to the foundry, and then wait for the foundry to mass-produce the qualified Chengping, and then all he has to do is "install a system" on the host. It's really that simple, this process
The cost expenditure is almost negligible, because the technology and work on the software can only be copied.
The day after the deal was signed, the person in charge of Walt Disney in Greater China held a press conference. Ye Hua represented Coastline Technology, Zhang Zhizhong represented Disney, and several white foreign faces present were from North America.
Several major cooperating theater companies, as well as the great director James Cameron, attended and officially announced the relevant contents of this cooperation.
