Video Game Empire
Chapter 211: Investment Promotion Conference (Part 1)
On Salisbury Road, Tsim Sha Tsui, Kowloon, Xu Shixun walked into the Renaissance Hotel accompanied by his nephew Xu Jiankui. As soon as he entered the door, he saw an exquisitely crafted guide sign in a prominent position in the lobby. [For more exciting novels, please visit] To participate in the "Oriental Creative Incubation Park New Enterprise Promotion Conference", please turn left and take the elevator to the conference room on the 12th floor!
"I have to admire Shaqdantong's shark guts. It only took him seven or eight years to build this broken pier into a cornucopia!" Xu Shixun said with a sigh.
Ten years ago, Zheng Yutong purchased the "Blue Chimney" warehouse terminal in Tsim Sha Tsui from Swire Pacific at an astonishingly high price of HK$137 million. After demolishing the warehouse, he began to build a large-scale commercial complex - New World Center.
The two five-star hotels planned for the New World Center, the New World Hotel and the Renaissance Hotel, opened in 1978 and 1980, respectively. The remaining office buildings and high-end residential projects in the east wing have also been completed, and only the office buildings and large shopping malls in the west wing are undergoing final finishing work, which will also open early next year. It will soon become one of Kowloon's new landmarks.
Zheng Yutong entered the real estate industry no earlier than the Xu family, but compared to the stable and conservative style of the Xu family, the Zheng family is better than the Xu family. As long as it is a project that Zheng Yutong sees in himself, he dares to make a bold move, and is nicknamed "Shark Dantong". Over the years, Zheng Yutong's worth has already left the Xu family a lot.
Now when Hong Kong people mention Zheng Yutong, they no longer say the jewelry king of Chow Tai Fook, but the real estate king of New World. When it comes to the Xu family, everyone's impression is still that of the former Hong Kong ship king's family, and the Xu family actually has no ship in their hands. Thinking of this Xu, Shixun couldn't help but sighed softly. Maybe it's time for me and my second brother's business strategy to make some changes.
"You're the vice president of Oriental Ventures, don't you need to come over and prepare in advance?" Xu Shixun asked his nephew who was half a step behind him. Xu Jiankui was waiting for him at home today to join him for this promotion.
"The people who are in charge of today's promotion meeting are the people from the Oriental Entrepreneurship Incubation Park. Our venture capital company is just like other guests. It's just a pure investor. It's just that our investment plan was finalized a few days ago!" Xu Jiankui explained.
The two walked towards the elevator, and just took a few steps, when a greeting came from behind: "Xu Sheng, please stay!"
Speaking of Cao Cao's arrival, Xu Shixun didn't have to look back to hear that the person behind him was the "Shark Dantong" he had just sighed in his heart, and Zheng Yutong, the owner of the Renaissance Hotel.
"Zheng Sheng is also interested in attending this venture capital promotion meeting today!" Xu Shixun showed a warm smile. Said to Zheng Yutong, who was catching up with big strides.
"I heard that 'God of Wealth Li' has plans to bring everyone together to make a fortune, so I came here specially to have a fun!" Zheng Yutong said with a hearty smile.
Their generation's views on Li Xuan are actually quite complicated. I feel more or less jealous in my heart, after all, the achievements I have made after working hard for most of my life are not even more brilliant than the achievements made by a young man in a year or two. But I have to admire it, because Li Xuan's wealth is actually earned from foreigners. Whether it is game consoles or computers, they are all popular around the world, which is much more difficult than going around in a small place like Hong Kong.
It is precisely because of such a complicated mentality that Zheng Yutong came to see in person what this "God of Wealth Li" was good at after learning that Li Xuan's company would hold a risk promotion meeting in his hotel.
Xu Shixun and Zheng Yutong took the elevator together to the conference room on the twelfth floor. The huge conference room was already full at this time. As soon as Xu Shixun and Zheng Yutong entered the door, many people immediately recognized these two billionaires, and their eyes couldn't help but look a little more surprised.
"Hu Sheng is waving at the front!" Xu Jiankui's eyes were bright, and he pointed to Hu Yingxiang who was waving to them in the front row.
Xu Shixun and Zheng Yutong nodded to the others who greeted them. As he lifted his steps, he quickly walked towards the VIP seat in the front row. Everyone's identity, status, and wealth create different circles.
For example, the people sitting in the front row, Hu Yingxiang and Xiang Zhiqiu, are all worth over 100 million yuan. Others may come over to say hello at the meeting, but they will never sit up without their own power. Xu Shixun greeted several familiar faces one by one. I can't help but sigh that Li Xuan's influence in Hong Kong is indeed increasing, and the billionaire alone has attracted five or six.
"Welcome everyone to take time out of your busy schedules. Come and participate in this small and micro enterprise investment promotion conference hosted by the main board of the Oriental Entrepreneurship Incubation Park! There are a total of 15 investment companies launched by the Oriental Incubation Park today, of which 11 are from Hong Kong. 4 companies from Taiwan-Taiwan.
Among the projects in Hong Kong, 7 companies originally belonged to the incubator park, and 4 other companies were identified as having great potential through our screening. These 11 companies all belong to electronics-related industries, and we will introduce them to you in detail later.
Let me first introduce the development history and purpose of the Oriental Entrepreneurship Incubation Park. Last year, Mr. Li Xuan..."
Standing on the stage and presiding over this promotion is Xu Yuan, the president of Oriental Entrepreneurship Incubation Park. He is one of the talents that Li Xuan dug back from the United States. He was in charge of running a technology incubator funded by the California government in San Francisco, and has rich experience.
Xu Yuan tried to elevate his boss Mr. Li Xuan through a eloquent introduction, and made a huge contribution to supporting ordinary people in Hong Kong to start their own businesses. After that, the presentation finally got to the point.
"The following is the first investment project recommended to you at this promotion meeting, Mingyao Game Company from the Oriental Incubation Park! Mingyao Game Company was established in October last year. The founders are two college students, one from the University of Hong Kong. Three students, Fok Yiu Leung, and Tan Jiaming, who just graduated from the Hong Kong Polytechnic.
In the first university student game creativity competition held by Dongfang Game Company last year, the two won the first prize with the game "The Hurt Locker", and then used Dongfang Company to buy out the game copyright of 300,000 Hong Kong dollars and founded Mingyao game company.
Mingyao Games currently has 4 full-time game developers and 12 part-time game developers. It has just developed two new games based on the game handheld game console platform, which were rated 3.5 stars and 4 stars by Dongfang Game Company.
Mingyao Company plans to raise 2.5 million Hong Kong dollars this time, which will be used for the up-front expenses such as the deposit, production and distribution fees required for the two games to be launched on the game platform. The current shareholding structure of Mingyao Company is that the founders Mr. Huo Yaoliang and Mr. Tan Jiaming each hold 40% of the shares, and the Oriental Incubation Park holds 20% of the shares. The total valuation of the company is 15 million Hong Kong dollars.
In the information just sent to you, there are detailed introductions to the various data of Mingyao Games. I would like to add a point here. For its game handheld game console and home game console platform, the game products approved by Dongfang Game Company are divided into 5 grades from 3 stars to 5 stars. According to the data analysis of dozens of games that have been released on the game, the games rated as 3 stars and 3.5 stars have annual sales of at least 1 million copies and 2 million copies worldwide!
Next, I invite Mr. Tan Jiaming, one of the co-founders of Mingyao Games, to make a live presentation, and then he will answer your questions on the spot! After Xu Yuan finished speaking, he raised his arm and waved it not far away, making an inviting gesture.
Wearing a pair of short-sighted glasses and a childish look on his face, Tan Jiaming walked to the podium in the center of the front amid the applause of the crowd. He and his friends set up a game studio with 300,000 yuan last year, and the current valuation is as high as 15 million Hong Kong dollars. The investment of the two has doubled nearly 40 times in one year, and they are indeed qualified to receive the warmest applause and flowers.
Xu Shixun listened attentively to the nervous-looking young man on the stage, whose speech was slightly trembling, and he stuttered in his speech. The game industry is indeed a huge gold mine, and this Mingyao game company is one of the projects that Xu Shixun is very optimistic about. The company's valuation of 15 million Hong Kong dollars is still low in his opinion.
As Mr. Xu Yuan said just now, 3 stars and 3.5 stars mean sales of 1 million and 2 million copies respectively. That is to say, the two game products just developed by Mingyao Game Company will sell at least 3 million copies within a year after they go on sale.
Each game card only has a profit of 5 Hong Kong dollars, and the total profit for one year is enough to support the company's current valuation. The price of genuine game game cards is more than 60 Hong Kong dollars. Although Dongfang Game Company has to take a lot of profits, Mingyao Game Company can earn about 8 Hong Kong dollars in the net profit for each game card sold.
"...We hope to seek 5 to 10 investors to participate in the investment in Mingyao Game Company. The maximum share capital of each investor is no more than 500,000 Hong Kong dollars!" Tan Jiaming said the more smoothly, and the speech came to the end~www.wuxiaspot. com~ The whole person is full of self-confidence.
In the next question and answer session, the first question asked by the investors in the audience was why Mingyao Games limited the number of investors and the maximum investment amount per person?
"This is not a problem that needs to be deliberately concealed. Your investment in Mingyao Company is a short-term behavior, and the purpose is to obtain sufficient returns! For me and another founder, Huo Yaoliang, Mingyao Company is a long-term investment. cause!
Therefore, we hope to properly disperse the equity obtained by each venture capitalist, so as to ensure that you will not cause too much trouble for me and Huo Yaoliang to stably control the company! "Tan Jiaming expressed his purpose very readily.
In addition to providing logistical support to the enterprises in the park, the Oriental Entrepreneurship Incubation Park will also hold various lectures on a regular basis, so that entrepreneurs can more systematically understand how to manage a company and how to deal with venture capital.
An entrepreneur like Tan Jiaming was a rookie who didn't know anything when he was about to set up a company last year, and only devoted himself to entrepreneurship with a passion. But after a year of honing, they have become more and more mature and sophisticated. (To be continued..)
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