Chapter 57 Bidding for Yida Film Equity


Chapter 57 Bidding for Yida Film Equity

Lu Mei played with Yang Chen until midnight. If Yang Chen didn't have to catch a plane tomorrow, they would still want to continue playing.

Yang Chen was already a little numb from the kiss. It was the first time that kissing was a painful thing.

Next time, instead of making a bet, take off a piece of clothing if you lose.

……

The negative effects of GRM diet pills containing banned ingredients are still spreading.

Huo Bing, the leading actress of Yihua Entertainment Company, once served as the spokesperson for GRM weight loss drug. Her contract just expired in June this year. Since Huo Bing's endorsement fee has more than tripled, the two parties are still negotiating to renew the contract.

Although both Huo Bingbing and Yihua Entertainment issued announcements stating that the cooperation between the two parties would end on June 30, netizens did not accept it because she did endorse it.

The Weibo accounts of Yihua Entertainment and Huo Bing were scolded by netizens and closed comments.

The movie "Chrysanthemum and Peach Blossom" starring Huo Bing is about to be released, and the audience will definitely be angry with this movie because of the GRM weight loss pill.

The film's investors expressed their dissatisfaction to Yihua Entertainment and Huo Bing, and warned them that if the film's box office was not satisfactory, Yihua Entertainment and Huo Bing would compensate them for their losses.

Hua Jun, the president of Yihua Entertainment, was very angry and hated GRM and Yang Chen.

8pm.

Banquet Hall No. 1, Diaoyutai State Guesthouse, Beijing.

Wang Xiaosen, chairman of Yida Group, was joking and chatting with some familiar guests, while his son Wang Tianming listened with an unhappy look on his face.

Wang Tianming's hobbies are traveling and beauties. He has no interest in doing business at all. He is extremely bored with such occasions. He was simply forced to do business by his father.

Yang Chen looked at it several times and didn't see anyone he knew, so he and Chen Xi sat quietly waiting for the bidding to begin.

More than ten minutes later, Lao Wang walked up to the microphone and said loudly: "Dear guests, welcome to this bidding banquet. We will start bidding now, and after the bidding, you can enjoy the wine and food. As for me, I am a cheerful person. nonsense I won’t say much more. This time I’m bidding on 20% of the shares of Yida Films. According to the current market value, the starting price is 5.5 billion. The one with the highest bid will get it. Dear guests, you can bid now. ”

The first bidder was Lu Yuting, the proprietress of Dongxiang Fortune. She had already acquired 1.8% of the equity of Yida Films before. With another 20% this time, she became the largest shareholder of Yida Films.

Lu Yuting bid 5.55 billion, and Yang Chen used his mind-reading skills to see that the highest price she could accept was 5.8 billion.

Then Hua Jun, the president of Yihua Entertainment, bid 5.58 billion. Yang Chen used his mind-reading skills to see that the highest price in his mind was also 5.8 billion.

Then Shenxian Financial Investment offered 5.7 billion. The company had already acquired 8% of the equity of Yida Films. If they acquire another 20% of the equity, their position as the major shareholder would be stable.

Yang Chen used his mind-reading skills to learn that the highest price Shen County could accept for financial investment was 6 billion, a full premium of 500 million.

……

After some bidding, the bidding price has reached 5.95 billion.

The other bidding opponents have already bid their prices, and some have even bid several rounds of prices. Yang Chen has figured out the highest price that all of them can accept.

Wang Xiaosen said with a smile: "Shenxian Financial Investment bid 5.95 billion, is there anything higher?"

None of the other bidders made any further bids; the price was beyond their acceptable range.

Yang Chen whispered into Chen Xi's ear: "The asking price is 6.01 billion."

Chen Xi nodded, stood up and said loudly: "Sihai Entertainment offered 6.01 billion!"

"Wow..."

The whole audience exclaimed, and everyone looked over.

"Sihai Entertainment? Didn't Sihai Group have a thunderstorm? With a debt of 3 trillion, they still have money to bid for the equity of Yida Films?"

"Do they have 6 billion? They are asking for nonsense!"

"You're not here to cause trouble, are you?"

...The financial representatives of Shenxian County were very confused. The price of 6.01 billion was too accurate. Could it be that an insider had leaked their secrets?

Wang Xiaosen immediately asked with a smile: "Madam, are you sure Sihai Entertainment bids 6.01 billion?"

Chen Xi nodded and replied confidently: "I'm sure! 6.01 billion!"

Wang Xiaosen said with a smile: "Okay! Sihai Entertainment bids 6.01 billion. Is there anything higher than this? No more? 6.01 billion once! 6.01 billion twice! 6.01 billion three times! Deal! Congratulations to Sihai Entertainment for winning the bid 20% equity of Yida Film. This auction is over. Let’s eat and drink now. We must have a good time.”

Wang Xiaosen glanced at his son, and the father and son came to Yang Chen.

"This should be Mr. Yang Chen, the new chairman of Sihai Group, right?" Wang Xiaosen said with a smile.

Yang Chen nodded and said: "Hello, Director Wang, I am Yang Chen."

"Director Yang is really young and promising. How is Director Yang going to pay the 6.01 billion? I am short of money here and must get the money immediately." Wang Xiaosen said.

"Tomorrow I will ask someone to come over and sign the contract. Once the contract is signed, the payment will be transferred." Yang Chen replied.

At this time, Hua Jun, the president of Yihua Entertainment, came over. He originally hated Yang Chen in his heart, but now that Yang Chen had taken away the equity of Yida Films at a high price, he now hated Yang Chen even more.

"Director Yang, you Sihai Entertainment owes billions. Where did you get 6 billion to give to Director Wang? Don't make trouble, okay?" Hua Jun said with a look of disdain.

Check out the 16-9 book bar to see the correct version!

Yang Chen used mind-reading skills to read Hua Jun's inner thoughts.

"Made, GRM diet pills have damaged Huo Bing's reputation, and now you're taking the equity of Yida Films from me. You deserve to be damned if you step on the horse!" Hua Jun thought to himself.

Yang Chen smiled slightly and thought to himself: "It turns out that he has a grudge against me. No wonder he is so weird about me."

Yang Chen smiled and replied: "If I dare to bid, I will definitely pay it off. There is no need for Mr. Hua to worry about this. Mr. Hua is so concerned about whether I can afford to pay, so it is better to think about how to save Huo Bing. What about fame?”

Hua Jun gritted his teeth with hatred and said, "You still have the nerve to say it? If you weren't messing around, could Huo Bing be implicated?"

"It's wrong for Mr. Hua to say that. If you don't understand the situation of the products you endorse, how can you blame me?" Yang Chen retorted.

Seeing that the atmosphere was not quite right, Wang Xiaosen quickly raised his glass and said, "Both bosses, stop talking, give me some face, drink, drink."

Yang Chen and Hua Jun glanced at each other, then they both raised their glasses and clinked their glasses with Wang Xiaosen and drank.

Yang Chen put down his wine glass and said with a smile: "Let's go first. Tomorrow I will send Sihai Entertainment President Guo Yi to lead a team to Yida Film Headquarters to sign a contract."

"Okay, let's get ready. Director Yang, walk slowly." Wang Xiaosen said with a smile.

Yang Chen left with Chen Xi, and Hua Jun also found an excuse to leave.

Yang Chen and Chen Xi each went back to their rooms.

Yang Chen called Guo Yi and ordered him to bring his team over to sign a contract with Yida Films early tomorrow morning.

After hanging up the phone, Yang Chen called Li Jun again.

"President Li, I still need a loan of 2.01 billion from ICBC. Is that okay?" Yang Chen said.

"Otherwise, I'll call President Zhao and you can go to the head office to interview him tomorrow. Do you think it's okay?" Li Jun replied.

"Okay! Then you can make an appointment and tell me." Yang Chen said.

After hanging up the phone, Yang Chen went to take a shower.

After he finished taking a shower and came out wearing a bath towel, there was a knock on the door.

Yang Chen thought it was Chen Xi, so he opened the door, but the person standing at the door was actually Huang Min, who had just terminated his contract with Jiayue Entertainment.

Huang Min hugged Yang Chen without saying a word.

(End of chapter)

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