China Entertainment: Director’s happiness is so simple

The 29th, a new Monday.

The Shenzhen Stock Exchange GEM welcomed 17 listed companies, among which Xingchen Film and Television had the highest initial market value. This was also the star stock among the companies listed on the Shenzhen Stock Exchange throughout June.

Early in the morning, Lu Pingan, along with Xingchen's key personnel and new capital investors, appeared at the exchange.

New shareholders this time include Guangwang, Wanda, Sina, Alima, which wants to get involved in everything, and Penguin Pony, which has achieved cross-shareholding.

This is a new shareholder in the entire industry, and other shareholders include ordinary capital parties, such as Industrial and Commercial Bank of China.

They account for 10% of the total shares, which means there will be 15% of outstanding shares this time.

In fact, according to the normal capital model, if Lu Ping An wants to go public this time, it is basically impossible for him to retain more than 60% of the shares.

But Xingchen is special, because it is obvious that all of Xingchen’s big-hit projects were created by Lu Ping’an.

He is both the core of technology and the core of business. At the same time, his financial constraints are lower than those of most companies seeking to go public.

In other words, the stars are monolithic.

Isolating him is tantamount to courting death. Everyone knows this truth, so it is almost impossible to intervene by ordinary means.

Of course, doing so will also bring about other problems. For example, if one person has the final say in a company, its future development risks will be infinitely magnified.

In Alima’s words, if an enterprise wants to develop sustainably, it must be “decentralized.”

This may apply to other companies, but for a company founded by a time traveler with a system, just listen to it.

In fact, what Alima and others are focusing on is not Xingchen's film and television business, but the other businesses under Xingchen.

For example, Maoyan Ticketing, video websites, theaters and other businesses will be split in the future.

After its listing, Maoyan Ticketing will not only maintain its No. 1 position in mainland movie ticketing, it will also be involved in all types of ticketing such as dramas, concerts, and even train tickets and air tickets, benchmarking against Ctrip.

This is very attractive to Alibaba, which has already entered the entertainment industry.

In addition to relying on real estate, the theater chain will also start mergers and acquisitions business. At the same time, it will use the competitiveness of Akers Technology to strive to go global, which is very attractive to Wanda.

Needless to say, video websites, games and other businesses, even though the outside world thinks that Lu Ping'an mentioned this just to make money, Penguin Pony doesn't think so.

In turn, Lu Ping An also hopes to pool the advantages of everyone in these businesses, so this time it is also a cross-shareholding.

There is also Sina. Sina will launch Sina Weibo in two months and implement cross-shareholding, which will be beneficial to both parties.

Therefore, this listing may seem like a simple listing, but in fact it is Lu Ping An’s “internal entertainment enthronement ceremony.”

Of course, this is judged from the perspective of the future. Only Lu Ping'an knows now.

Having said that, as the opening time gets closer and closer.

Everyone in Xingchen couldn't help but become nervous.

The current original stock price of Xingchen is 29.36 yuan.

No one knows how much the price will jump after the market actually opens, or whether it will fall below the issue price today.

Although everyone knows that things like listing are not entirely market behavior, so the price can generally be maintained.

But nervousness is not controlled by the brain, but comes from the heart's natural reaction to wealth.

Lu Ping'an was actually a little nervous about this.

He knows what happened when Huayi went public in the original time and space.

On October 30, 2009, Huayi Brothers landed on the GEM with the aura of “China’s No. 1 Entertainment Stock”.

This day was undoubtedly the highlight moment for Huayi Brothers. The stock price rose from the issue price of 28.58 yuan to 91.80 yuan, and then closed at 70.81 yuan, a closing increase of 147%.

The stock price doubled in an instant, not only causing Wang and Wang's net worth to skyrocket by billions, Feng Dapao also suddenly achieved financial freedom.

On the first day of listing, Huayi's market value soared from less than 5 billion to 11.896 billion.

Now it is also on the Shenzhen Stock Exchange, but it is a few months earlier than Huayi.

Lu Ping'an feels that the impact should not be big.

Therefore, according to Huayi’s path, Xingchen is likely to rise to more than 25 billion in this wave.

More than 25 billion. Although it is still not as good as Lu Ping'an's current net worth, it is indeed scary.

"Peace, don't be nervous, no matter what happens next, we just have to do our own thing."

While thinking, Ning Hao pinched Lu Ping'an's shoulders.

Then Zhou Yiwei, Zhang Songwen and others also came to cheer up.

Lu Ping'an felt dumbfounded, and felt warm in his heart.

During this listing, Lu Ping An did not forget his brothers.

Before the listing, he asked Zhou Yiwei and others to open their own studios, just like Fan Xiaopang and others, and then Xingchen acquired it and exchanged some original shares.

If this wave can really rise to 20 billion, these guys will immediately become multi-millionaires or even billionaires.

Of course, the one who gained the most among them was Ning Hao.

Ning Hao is similar to the position of Feng Dapao of the original Time and Space Huayi Company.

But the difference is that Huayi relies too much on Feng Dapao, while Xingchen does not.

There will be other excellent backup directors in Stars in the future.

Therefore, for Xingchen, it is basically no problem to surpass Huayi’s market capitalization of 90 billion during its peak period.

Shaking his head, Lu Pingan put the future behind his mind and returned his sight to the present.

Soon, the time is up.

Lu Ping'an, Hu Qingquan, Ning Hao, Wu Guohua, Bao Qingqing and the company's first employee Li Qiujun.

Along with several new shareholders including Alima, Penguin Horse, and Industrial and Commercial Bank of China representative Liao Shu, they stood on the high platform.

Then with the sound of gongs, Xingchen Film and Television was officially listed.

Then comes the tense call auction, a tense five minutes before the market opens.

Five minutes later, the market officially opened.

Xingchen’s stock price opened directly from 29.36 to 53.63.

Everyone high-fived and celebrated.

With this jump, everyone's net worth almost doubled.

But it's not over yet.

In the following trading session, I thought that 53.63 was already a high price and the stock price would definitely fall back.

But everyone underestimated the market's optimism for "China's number one entertainment stock".

Soon, prices were rising.

"Breaking 60!"

"Breaking 65!"

"Breaking 70!"

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One morning, the K-line beat like an electrocardiogram caused by the huge trading volume.

The hearts of everyone in Xingchen were also beating fast.

Xiang Guoqiang also sent messages every ten minutes to report on the status of circulating shares.

The situation is as expected. Every time a star stock is listed, there will be no shortage of capital that wants to use large sums of circulating shares to achieve certain purposes.

When Penguin was first launched, Little Target played this role.

It's just that the small goal is very clear, the funds are extremely abundant, and the confidence in Penguin is stronger than anyone else.

That's why I spent more than double the then-current share price to buy a large number of shares.

But now, even if Xingchen has a good record in the past, those capitals still don't have the steely confidence that Lu Ping An had at that time.

So there was a secret battle to defend the shares, and the small target steadily controlled the market.

The stock price was also in such a fight, reaching an intraday high of 126.39 yuan.

The final closing price was fixed at 79.65 yuan.

On the first day of listing, Xingchen’s market value soared 171%, with its total market value reaching 27.1 billion!

On that day, domestic entertainment exploded.