We're building a super chaebol in Hong Kong
#178 - Unexpected good news
Ten million Hong Kong dollars for six cinemas, averaging about 1.667 million per cinema. This price isn't low, considering they are prime locations.
Su Cheng had someone evaluate them. Under normal circumstances, the average selling price would be around 1.5 million Hong Kong dollars. Before coming, Su Cheng had already decided on the acquisition price.
Ten million was his sincerity.
With ten million Hong Kong dollars, you could easily open more than 10 newly established cinemas.
But Su Cheng felt that with the reputation and fame of Lixin Group's six cinemas, ten million Hong Kong dollars was very worthwhile.
"Mr. Su, since you want to develop in the entertainment industry, I am happy to help you achieve your goals. I agree to this deal," Lin Baixin said decisively.
Lin Baixin's straightforwardness surprised Su Cheng.
He thought that even if Lin Baixin eventually agreed to sell, there would be a lot of negotiation involved.
But now, he simply agreed.
"I've made a friend in Mr. Lin. In the future, if there's anything I can help with in business, please don't hesitate to contact me!" Su Cheng said with a smile.
"There probably aren't many people in Hong Kong who can be considered a friend by Mr. Su. It's truly my honor," Lin Baixin joked.
Although he couldn't compare to Su Cheng in terms of wealth, he didn't actually need to take cues from anyone.
However, as a businessman with many years of experience, he naturally wouldn't offend anyone for no reason.
In the business world, although interests are paramount, true friends are few and far between.
But as the saying goes, at home you rely on your parents, and when you're out you rely on your friends. It's the same in business; going it alone will inevitably lead to difficulties.
"Mr. Lin is joking, but to be honest, you're right. I really don't have many friends, especially wealthy friends. Before you, the only one I could call a friend was probably Mr. Bao," Su Cheng thought for a moment and said seriously.
Although he had been in this world for five years, he had always kept a low profile. Whatever he did, he did it secretly, or he had his subordinates do it for him.
After Su Tianhe passed away and he avenged him, Su Cheng truly no longer had to do everything he could to avoid being discovered, as he had done before.
"Since Mr. Su considers me a friend, then I'll play my part. Are you looking to develop a cinema chain? I have a way to help you quickly catch up with the Jiahe and Shaw Brothers cinema chains," Lin Baixin said with a smile.
"Oh? Mr. Lin, please tell me," Su Cheng said curiously.
In Hong Kong's film industry, Jiahe and Shaw Brothers currently form a bipolar landscape.
The same is true for cinema chains. Jiahe and Shaw Brothers both have their own cinema chains.
Only those films with very high box office revenue will they lay out wider channels, such as getting screenings at cinemas like those under Lixin Group that do not have film company support.
This situation is very rare.
"Mr. Su should have heard of Mr. Lei Juekun, right?" Lin Baixin asked with a smile.
"Mr. Lei? Are you talking about the boss of Kowloon Bus? Of course, I've heard of him," Su Cheng said.
At this time, he also guessed why Lin Baixin mentioned Lei Juekun.
This man will also be a big shot in the entertainment industry in the future.
The big name New Arts City Film Production Company Limited, the behind-the-scenes gold master, is Lei Juekun.
In the entire 1980s, the rise of New Arts City forced Jiahe and Shaw Brothers, two enemies, to even unite, but they were still unable to compete.
It is conceivable how powerful New Arts City was in the 1980s.
It's just that New Arts City hasn't appeared yet.
Lei Juekun, what people know, is only his identity as a major shareholder of Kowloon Bus.
In fact, Lei Juekun is not only the boss of Kowloon Bus, he also took advantage of the excitement and joined the real estate army.
However, in the real estate industry, the Lei family has never achieved much.
So, the Lei family came up with a Lisheng Cinema chain.
Lisheng Cinema itself has four cinemas, namely Lisheng Cinema, Lesheng Cinema, Kaisheng Cinema, and Huasheng Cinema.
These four cinemas are not only located in the most prosperous areas of Hong Kong, but the luxury of the cinemas is no worse than Shaw Brothers Cinema and Jiahe Cinema.
In order to survive in Hong Kong's highly competitive environment, Lei Juekun, Feng Bingzhong, Wu Zhaocan, Chen Rongmei, and Li Maowen, these cinema owners, joined forces at the beginning of this year, merging or renting cinemas, and established a new Lisheng Cinema chain, making this temporary cinema directly reach 16.
It can be said that the current Lisheng Cinema chain is no smaller than the Shaw Brothers Cinema chain and the Jiahe Cinema chain.
If Su Cheng had not appeared, by 1980, Lisheng Cinema would have been renamed Golden Princess Cinema, and at the same time, it would have begun to intervene in film investment, and then began its glorious 10 years.
The reason why Lei Juekun now chooses to unite with other cinemas is actually a kind of group warming in the competition of cinema chains.
In order to attract independent productions, they also used the guaranteed distribution method that is now popular in the mainland, and the service fee is only 5%.
However, such blind competition has also offended the two major film giants in Hong Kong, Shaw Brothers and Jiahe.
Therefore, the current Lisheng Cinema chain is being targeted, or rather, it is being targeted by the two major film giants.
The consequence is that no high-quality film companies provide them with films, and they can only play some small film companies' films.
In this way, their cinema business is even more tragic, and they are basically losing money all the time.
Therefore, the current Lei Juekun is very troubled by the Lisheng Cinema chain in his hands.
"Since Mr. Su knows Mr. Lei Juekun, that's for the best. The reason why I introduced him to you is because Mr. Lei is currently encountering difficulties in the cinema chain. If you are interested in Lisheng Cinema, there is a high probability that you will be able to acquire their Lisheng Cinema. Lisheng Cinema now has 16 cinemas, plus the original six cinemas under our Lixin Group, a total of 22. If you acquire Lisheng Cinema, as long as there are enough film sources, the situation of Hong Kong cinema chains can be directly changed!" Lin Baixin said with a smile.
"What is the relationship between Mr. Lin and Mr. Lei?" Su Cheng asked.
"We have a lot of business dealings, so we can be considered relatively familiar," Lin Baixin thought for a moment and replied.
"Then I wonder if Mr. Lin can help me find out if they are willing to sell Lisheng Cinema?" Su Cheng directly stated his request.
"This is a trivial matter. I'll find a time to chat with Mr. Lei privately. I'll give you timely feedback when I have news," Lin Baixin said with a smile.
Lin Baixin naturally didn't mind helping with something that only required moving his mouth.
In this way, he can also gain Su Cheng's favor. If he succeeds in connecting the two, it will be a small favor.
"In that case, then I'll have to trouble Mr. Lin. I will have the person in charge of Heji Real Estate contact you as soon as possible so that the Chai Wan Industrial Park project can reach cooperation as soon as possible," Su Cheng nodded in response.
For Su Cheng, this was also an unexpected good news.
You'll Also Like
-
All heavens return
Chapter 619 2 days ago -
Naruto: A pair of hands of gods and ghosts at the beginning
Chapter 266 2 days ago -
The first genius of American manga
Chapter 392 2 days ago -
Marvel's strongest warden
Chapter 448 2 days ago -
Konoha's Black Absolute Rebirth
Chapter 54 2 days ago -
Am I doing something wrong while playing games in another world?
Chapter 216 2 days ago -
Harry Potter Raven's Claw
Chapter 651 2 days ago -
I don't believe in the will of fire
Chapter 259 2 days ago -
HP Approaches the Magic World
Chapter 918 2 days ago -
My elf is a beautiful girl
Chapter 229 2 days ago