China Entertainment: I became a capital tycoon

Chapter 504 502. Is there a bottom line in negotiating with the Japanese?

In the reception room, Cao Yu and others sat face to face with Mr. Kimura, the representative of Japanese Aihui music.

Kimura, who had a mustache, looked at this Chinese man who seemed to be glowing with golden light, and said, "President Cao, we want to sell SM's shares. Even if SM's stock price has plummeted, your offer is too low, and we suffer a lot!"

Aihui Music is also considered a relatively powerful company in Japan. After swapping shares with SM that year, Aihui Music owns 16% of SM's shares, making it SM's third largest shareholder.

Although the market value of SM has plummeted now, he also wants to cut off the meat, but when he heard that the big boss of FNC is Cao Yu, a Chinese tycoon, he wants to take advantage of FNC's opportunity to control SM and kill this Chinese man.

"$180 million is still low?"

Cao Yu has learned about the negotiation records between the two parties. Jinguangzhu quoted 180 million, while Ai Hui asked for 300 million.

"Although SM has problems now, their previous market value was US$16 billion. Even if the market value plummets now, % is still worth US$ million, right?"

In fact, due to the two incidents of Liu Huaying and Han Geng, coupled with the guidance of public opinion and the large-scale selling of stocks by investors, SM's current market value has shrunk to US$13 billion, and 16% of the shares is only a little over US$2 million.

Ai Hui dared to quote 300 million, but he also wanted to raise the price on the ground.

If Ai Hui can reach a cooperation with Feiyu Entertainment, then Ai Hui will definitely develop further. After returning to China, this will be a great achievement. Doesn't it mean that he will get a promotion and a salary increase?

As soon as Cao Yu said this, Representative Ai Hui's face became extremely ugly.

"You are so vicious!"

"One hundred and fifty million."

Representative Ai Hui looked at the Chinese man in front of him, a little frightened.

Sure enough, after being shocked for a while, Mr. Kimura took a deep breath and said, "Mr. Cao, doing business requires sincerity. We have already lowered the price. You can't do this without a bottom line?"

"President Cao, you didn't"

However, he was not happy because the other party lowered the price. He touched his chin and suddenly said: "One hundred and fifty million!"

Upon hearing Cao Yu's suggestion, Kimura's little eyes immediately rolled.

Let’s not talk about Cao Yu’s influence in China and the Oscars. His Fei’e Video is already the world’s number one video sharing website. Kimura naturally knows very well what the prospects will be if the two parties really cooperate.
Thinking of this, the mustachioed Japanese suddenly became excited.

When Jin Guangzhu and others heard this, they almost laughed, but they could only hold it back, which was quite uncomfortable.

He really wanted to walk away, but the news on the phone just now made him absolutely sure that if he didn't sell the SM shares in his hands, they would become even less valuable after a while.

"Why do you say that?"

Cao Yu's offer was intended to test the content of the other party's phone call.

Cao Yu smiled coldly in his heart. Seeing that the other party didn't even leave, he guessed that the call Kimura just answered might be related to SM, so he said: "Who said we are not sincere? If you lower the price, I will lower the price. Is there any problem?"

Just as Cao Yu was about to continue speaking, Representative Ai Hui's cell phone rang.

"You heard that right, it's 150 million."

Cao Yu's voice was domineering and said: "And I have hired several music producers from SM. How long do you think SM Entertainment, which has no good works or good groups and is only an empty shell, can last? "

"Bottom line? Do you need a bottom line when negotiating with Japanese people?"

Kimura calmed down and said, "President Cao, how much can you pay at most? As long as it's not outrageous, we'll give it to you."

"Mr. Kimura, you must know about my situation in China. I think that in addition to this deal, we can also strengthen cooperation in the future. This year I plan to invite your singer Ayumi Hamasaki to perform in China and even hold a concert. Moreover, you can be responsible for the future activities of our FNC group in Japan, what do you think?"

No wonder this man became a rich man in China at such a young age, his methods are really powerful!
In fact, Cai Chongxin taught Cao Yu these methods in advance, but he was already able to frighten a few Japanese.

Cao Yu's eyes narrowed. The price dropped from 310 million to 250 million. Could it be that the call just now was related to SM?

"Forget it, let's stick to 150 million."

"puff"

"If I slowly sell off 12% of my shares, it will cause other shareholders to panic and let the stock price continue to fall."

"???Who's call did he answer? What did he say?"

Kimura, a Japanese, was almost speechless by President Cao. You are a Chinese rich man after all, so are you negotiating like this?

"Haha, if I really want to give you 300 million, then I will be a fool!"

"Excuse me, I'm going to call the boss."

"cooperate?"

Although he was willing, this kind of thing still required Japan's approval. He went outside and made some phone calls. When he came back, he asked: "President Cao, our boss thinks that 150 million is a bit low. Can't we add more?"

So it turns out that the Chinese are so powerful when it comes to causing trouble?

Cao Yu sneered in his heart and said: "Mr. Kimura, to be honest, I have already obtained 12% of the scattered shares of SM Entertainment. If you really hold on to the 16% of the shares, I believe that within half a year, your shares will be lost." It’s less than 1.5 million, do you believe it?”

"."

He said sorry and came to the door. When he came back after waiting for a while, he looked at Cao Yu with a strange look in his eyes, sat down slowly, thought about it, and said, "Mr. Cao, if you really want to I’ll give you the SM shares and 250 million US dollars.”

"My plan is, it's best if I can win SM. If I can't win, let him be destroyed!"

"what?"

"One hundred and forty million"

"Excellent."

Mr. Ai Hui, on behalf of Mr. Kimura, also rubbed his ears: "Mr. Cao, did I hear wrongly?"

Just now, the Japanese side has agreed to a quotation of 150 million, and they are also very interested in cooperating with Feiyu Entertainment, but they asked him to discuss the price again, and they can ask for a little more.

Unexpectedly, President Cao’s price negotiation skills were so powerful. If he “lowered the price” again, he would not be able to explain.

"Okay, I'll give you 2 million US dollars, and the remaining million will be exchanged for % of FNC Entertainment's shares. How about that?"

"Only 2%?"

"We at FNC now have two popular groups and a solo singer. In addition, we have good results in variety shows, movies, and TV series. We plan to go public next year. What is FNC's current valuation? You can take a bold guess. Guess, Mr. Kimura, I, Cao Yu, have always been a real person."

"." Kimura was speechless again by Cao Yu.

How can you be called a real person with your shrewd appearance? Use 2% plus 16 million to exchange for shares of SM Entertainment? Then don’t I still want to thank you?
But then I thought about it. As long as FNC goes public, its market value will be at least US$2 billion. % is indeed not enough.

SM really doesn’t live up to expectations.

The reason why Cao Yu used shares to exchange was because he had no choice.

FNC is not listed now. Although the company's cash flow is enough to pay the money, more than 12 million US dollars is not a small number. It also cost a lot to acquire % of the shares. There are other SM shareholders to deal with next. Cao Yu doesn't want to Share swap is a good way to transfer money from China.

Moreover, in the future, he will cooperate with Ai Hui to enter the Japanese entertainment market, so there is actually no harm in letting him hold a small share.

The two parties reached an agreement and signed the contract. Cao Yu put the documents away and then said with a smile: "Mr. Kimura, did you answer the phone just now and have something to do with SM?"

"how do you know?"

Kimura was startled, could this Chinese man be a mage?

Cao Yu smiled and said: "I guess, what news do they have over there?"

The contract between both parties has been signed, and they are considered a family. Kimura did not hide anything: "Kim Young-min informed us that SM has financial difficulties, and if he wants to win the lawsuit with FNC, he needs a public relations fee, so he wants to sell EXO." To an entertainment company in China.”

"Oh?"

Cao Yu frowned and asked, "Jin Yingmin wants to sell EXO? To whom?"

"I don't know about this."

"Let's go to SM!"

Cao Yu stood up, took Kimura, Jin Guangzhu and others directly to SM, intending to get it done at once this time.

Others don't care, but EXO's Lu Han, he still wants to win this traffic niche.

SM Entertainment.

Kim Young-min, Lee Man-soo, Kwon Bo-ah and other shareholders who still hold SM shares are meeting to discuss the future of the company.

"Since Ai Hui's representative won't come, we won't wait for him."

Kim Young Min looked at the few shareholders in front of her who were able to hold on, and said worriedly: "Everyone, everyone knows the situation of SM now. TVXQ has been boycotted, Super Junior is missing one person, the two groups have not participated in activities for a long time, and EXO has not made its debut. It has been postponed indefinitely. If we lose the lawsuit with FNC again, SM will really be doomed."

Everyone present was silent.

Now SM's stock price has plummeted and is less than half of its previous value. Everyone's assets have been severely reduced. If the lawsuit is lost, the stock price may fall below the issue price and the company may be delisted.

Some people regret not selling earlier, and some veterans are still looking forward to the company's comeback.

I heard Kim Young-min continue: "There was a lawsuit some time ago, and the company's cash flow also had problems. In order to tide over the difficulties, I think it is possible to sell EXO, which has not yet debuted, in exchange for some money, and to strengthen public relations. Win this lawsuit with FNC."

Jin Yingmin had met with Ma Yun two days ago, and the two discussed their cooperation intentions in person. It would be best if they could keep SM. If not, Jin Yingmin could go to China to develop, and possibly re-register a company.

SM is now at the end of its rope.

After Jin Yingmin finished speaking, everyone remained silent. He said to Li Manxiu: "Director Li, you are also the president of the company. What do you think of my suggestion?"

Li Manxiu is actually very optimistic about the EXO group, but with the current situation of the company, he is somewhat unable to do what he wants.

And all this is due to the frequent mistakes of the president, Kim Young-min.

After thinking for a while, he asked: "How much is EXO worth?"

"Twenty million dollars."

Jin Yingmin said the price with difficulty, and then said: "With this money, we may be able to survive this cold winter. Even if we lose the lawsuit, we still have a chance to turn around. What do you think?"

"Twenty million"

As the president of SM, Li Manxiu felt extremely painful.

Girls' Generation previously sold less than 10 million US dollars, and now they want to sell EXO? From the time SM was established until now, when did it become so miserable?

Although EXO sells for a higher price than Girls' Generation, this group seems to have a better future.

It's a pity that the company's revenue has dropped sharply recently. Not only does it have to maintain daily operations, but it also has to spend a large amount of money on the lawsuit with FNC, which is indeed a bit stretched.

"Hey, let China add an extra five million dollars and sell it!"

After struggling for a while, he finally sighed and reluctantly agreed to Jin Yingmin's suggestion.

Most of the others saw this and regretted not selling their SM shares. Judging from the current situation, if SM could not win the lawsuit by selling the new group that could become a hit, it would be really doomed.

"Then I'll call Mr. Ma."

Seeing Li Manxiu nodding in agreement, Jin Yingmin was about to call and ask Ma Yun to come to Seoul.

"What are you discussing? Is it so lively?"

At this moment, a clear voice came from the door, and then he saw Hua Xia Cao Yu walking in swaggeringly.

Next to him was Mr. Kimura, the representative of Japan's Ai Hui.

"President Cao?"

"Cao Yu?"

Jin Yingmin and others were stunned. How could this opponent come in so openly? They asked in surprise: "How did you come in?"

"Of course you walked in?"

Cao Yu unceremoniously pulled up a chair in the conference room and sat down, smiling: "Are you guys discussing the sale of EXO?"

"you"

Jin Yingmin and others were startled again, and then they discovered that Ai Hui's representative, Mustache Kimura, had been following Cao Yu. They suddenly understood something, and their hearts instantly felt colder than the weather outside.

Did Cao Yu get the shares in Ai Hui's hands?

(End of this chapter)