Reborn in 2011, 985 missing from two copies

Chapter 426: Enter BYD’s decision-making level and confront Manager Wang!

That’s right, the promotion and marketing costs of “Lost in Thailand” are higher than its production costs.

For a low-budget movie like this, there isn't much money to spend, except for publicity and promotion.

After all, the more effective the publicity, the more terrifying the box office of "Lost in Thailand" will be.

In its previous life, Light Media spent 3000 million on publicity and promotion and earned a box office of 13 billion.

This time, Wang Yi directly invested 5000 million in publicity and promotion, and is bound to hit a box office of 15 billion or even 18 billion!
Normally, it is enough to promote a movie in 1500 theaters, but Wang Yi directly promoted "Lost in Thailand" in 3000 theaters!
We have also carried out all-round publicity on platforms such as Changliao, Xingyi Video, Mayu, and Douyin.

As you can imagine, this low-budget movie had a huge attendance rate right from the start!

Cinema chains had to cancel those big, unprofitable productions and frantically increase the screening schedule for Lost in Thailand!

Since Xingyi Technology is the investor and the promoter and distributor, Wang Yi can get more than 40% of the box office share of this movie!
The total investment is 8500 million. If the box office reaches 18 billion, after deducting the commission bonus given to Baldy, Wang Yi can still get 7 million!
8500 million in exchange for 7 million can be said to be a success.

What's more, after the movie is taken off the shelves, "Lost in Thailand" will be available on Xingyi Cinema and exclusively broadcast on Xingyi Video, just like "Search".

Naturally, you can continue to make money from paid on-demand viewing. After paid on-demand viewing, there will be new VIP income and advertising income!
In short, this blockbuster movie will make Wang Yi earn a fortune.

Wang Yi naturally spared no effort in promoting it.

Although he had seen "Lost in Thailand" before, Wang Yi still laughed out loud when he watched it again.

Maybe this is the charm of comedy.

Just like when Wang Yi watched "Raise Your Hands" as a child, he laughed every time he watched it.

Lin Shu next to him also laughed non-stop.

A comedy is considered very successful if it can make people laugh out loud.

If we further criticize it for lacking content and ideological depth, that would be nitpicking.

After all, if you want something profound, you can go watch art films, but you’ll probably feel sleepy halfway through.

This is also the reason why current art films sell well but are not box office hits.

Of course, the so-called good sales are just so-called "good", and the public may not buy it.

In addition, another function of art films is to win awards.

But it is hard to say whether there is water in it and how deep the water is.

Anyway, the award criteria and process have nothing to do with the general public, and are decided by a certain association.

Wang Yi has issued instructions that Xingyi Media can invest freely in high-quality scripts, but will never touch art films.

This thing can lose as much money as it wants, it is a complete harvest of capital.

Also, don't touch big productions that require investments of hundreds of millions of dollars, as there is a high probability of suffering heavy losses.

After watching the movie and having a sumptuous dinner, Wang Yi and Lin Shu returned home.

After washing up, Wang Yi originally wanted to go to bed directly.

But Lin Shu in his arms was very dishonest and started to touch him.

Wang Yi suddenly realized that he had just eaten a full meal yesterday, so he could be like Liu Xiahui today.

But I haven’t seen Lin Shu for a long time, and a short separation is better than a new marriage.

Wang Yi's heart skipped a beat and he quickly held Lin Shu down.

It’s a good cleanup.

An hour later, they both fell into a deep sleep.

But Wang Yi felt a little scared in his heart, as he almost got exposed today.

After all, as a normal man, it would be abnormal if he didn't have some thoughts after meeting someone after such a long separation.

Fortunately, I figured this out at the critical moment.

Otherwise, if Lin Shu Holmes is possessed, he might be able to unravel the mystery and find out something.

Wang Yi made up his mind to be more cautious in the future.

As for Jian Ziyan...

Wang Yi understood the other party's thoughts, but he might have to disappoint her, otherwise it would be easier to fail.

But Lin Shu is really soft and feels so comfortable to touch.

Wang Yi pinched her, and she let out a coquettish cry.

Only then did Wang Yi fall asleep contentedly.

The next day, I spent the whole day playing with Lin Shu, and it was the National Day Golden Week.

"Brother, are you taking a day off on National Day?" Lin Shu asked pitifully.

Wang Yi sighed: "That's bad. I have to go to BYD."

By October, BYD's situation had taken a turn for the worse.

There is still no conclusion to the spontaneous combustion incident, so BYD’s stock price has plummeted and has now fallen to HK$10.

It can only be said that it is terrible.

It is time for Wang Yi to fulfill his 50 billion strategic investment and help BYD.

Otherwise, if it really falls below ten yuan, it will be a disaster.

Moreover, without Wang Yi's 5 billion investment, it would be questionable whether BYD could survive.

Just in time for the National Day holiday to finalize this matter.

The difference is that once Wang Yi made a strategic investment of 5 billion yuan in BYD, he became one of BYD's top shareholders and naturally had more say and was able to participate in decision-making.

This is also the purpose of Wang Yi's investment this time.

After investing in BYD this time, Wang Yi will not reduce his holdings within five years, but will hold it for a long time.

Therefore, Wang Yi had to join the board of directors and have certain decision-making power. He could no longer let Manager Wang take detours.

After all, Wang Yi has invested 5 billion yuan, and can only make money if BYD develops well and its market value soars.

Wang Yi knew clearly that if he gave Manager Wang enough autonomy and let him handle everything, BYD would take many more detours.

These are not necessary.

"Oh, is that so? It's okay. Work is more important." It would be a lie for Lin Shu to say he wasn't disappointed.

We have only been together for a few days in the whole month of September and we have to separate again.

Lin Shu, who has always been independent, never expected that she would be so clingy.

Then he thought to himself, "It's okay. I'll go home for a few days during the National Day holiday, and then come back to see my brother in advance! By then, he should be done with his business trip, right?"

Lin Shu thought so.

Well, accompanying my brother comes first, and my parents comes second!
Seven days off, three days at home, four days back!
Thinking of this, Lin Shu's reluctant attitude improved a lot.

The next day, the bodyguard took Lin Shu back to Jeju.

As for taking the high-speed rail?
It might be faster on the road, but you have to buy tickets, go to the high-speed rail station in advance, wait for the train, check your ticket, exit the station, and then take a taxi back to Qingyun County...

Adding all things together, it’s not as fast or as convenient as driving.

Therefore, Wang Yi and Lin Shu both drove home.

On the way, she and her bodyguard took turns driving and arrived in a few hours.

Wang Yi set off and flew directly to Shenzhen Stock Exchange and BYD headquarters.

As soon as we landed, Manager Wang was already waiting at the airport.

That’s right, this time, Shopkeeper Wang brought a group of senior executives to personally pick up Wang Yi at the airport.

There is no other reason. The BYD self-combustion incident that caused a death has put BYD in the spotlight.

Whether at home or abroad, there are serious doubts about the safety of BYD electric vehicles.

BYD's stock price plummeted wildly, and all major shareholders sold their shares. It can be said that it was a matter of life and death.

If you can get through it, there is still hope of survival.

But if you can't make it through, then it's all over.

After all, most companies go bankrupt if they can’t survive a crisis.

Even BYD is in a precarious situation.

If no one invests anymore, we will really have trouble making ends meet.

But the problem is that even though Manager Wang had begged everyone, no one dared to help at this critical moment.

Everyone is afraid that the final result given by the Quality Supervision Bureau will be that BYD cars really have safety problems.

If this is the case, then BYD is finished and all investment will be wasted.

Even the few who want to gamble are waiting for the results from the Quality Supervision Bureau and dare not place a bet before the results come out.

Only Wang Yi dared to take a gamble and invest 50 billion in BYD before the results came out!
Everyone at BYD is grateful and excited about this.

After all, without the 5 billion yuan, BYD might have gone bankrupt and would not have been able to survive until the Quality and Technical Supervision Bureau issued a decision.

But with these 5 billion, BYD can definitely hold on until the quality inspection results come out.

By then, if the quality inspection results show no safety issues, BYD will have survived this crisis and come back to life.

If there really are safety issues, the project will still end in failure.

It can be said that Wang Yi’s 5 billion is a gamble!

And the probability of losing is very high, which is why no one is willing to invest.

But Wang Yi knows clearly that there is no so-called quality and safety in BYD electric vehicles.

Therefore, the final conclusion of the Quality Supervision Bureau is that there is no safety issue, it is just a matter of time.

Wang Yi invested 5 billion yuan. It doesn’t matter if the stock price depreciates or shrinks in the short term. As long as the quality inspection results come out, BYD’s stock price will surely turn around!

After all, neither Wang Yi nor the village wants to see an excellent national enterprise, an innovative national giant, die in this way!
We must support what should be supported.

Just like a friend of a professor Wang Yi in his previous life, after the melamine incident broke out in 08, all milk stocks collapsed and became terrible.

Even a giant like Mengniu saw its stock price drop from more than ten yuan to ninety cents!
However, even with such a low price, no one is optimistic about it, let alone buying it.

Others fear that I am crazy!
The professor's friend originally had only a little money.

Not only was he not afraid, he also sold all his other stocks and almost all his industries to recover the funds.

Then he invested heavily in Mengniu and became one of the top ten shareholders at one point.

The result is predictable. The stocks bought at 80 or 90 cents soon returned to 5 or 6 yuan, then 7 or 8 yuan, 11 or 12 yuan, 16 or 17 yuan...

The man took advantage of the situation and took action.

In the end, all the stocks that were bought at 80 or 90 cents were sold at 16 or 17 yuan.

Earned less than twenty times!
His original net worth of tens of millions suddenly became hundreds of millions, and he completely achieved financial freedom.

One of the big reasons why Mengniu was able to turn things around was the support from the villagers.

The village needs a strong domestic milk giant and cannot rely entirely on foreign countries. The milk industry boasts that the EU standards are high and the milk quality is good, but Wang Yi thinks it may not be reliable.

Maybe it will become the spirit of craftsmanship like Japan's spirit of craftsmanship.

After all, if it were really reliable, the nuclear power plant in Britain would not have leaked for many years and was concealed, causing groundwater to be polluted, and international students to lose their hair in clumps, and they would think they were working too hard...

However, the groundwater is nuclear contaminated and the radiation is spreading hundreds of kilometers away, but the milk produced still meets EU standards and can be exported, and no one has checked. Isn't this the biggest joke?
No matter how bad the domestic milk source is, it is better than the milk source with nuclear radiation, right?

Therefore, the so-called imported milk is of better quality, safer and has higher standards, which is nothing but nonsense.

A truly comprehensive test may not necessarily be that good.

After all, the teams all over the world are makeshift ones. In terms of quality and standards, they may not be much better than those in China.

As for the fact that drinking imported milk causes diarrhea, drinking domestic milk does not cause diarrhea...

There is no way around it. Chinese people are lactose intolerant, and they have to do the same thing as people in other countries. They have diarrhea every day and can't drink the food at all.

Who wants to have diarrhea every day?

Drinking while having diarrhea does not mean you are sick.

If that were the case, Mengniu and Yili would be complained about and sued until they went bankrupt.

Of course, it does not mean that domestic products are completely good and qualified. But there may be more unqualified products abroad.

At the very least, dairy products produced after nuclear contamination can meet EU standards. Just this point completely shattered Wang Yi's view of Western food safety filters.

Just like the craftsmanship spirit of Japan.

More importantly, Britain is not the only country that has suffered from nuclear pollution and nuclear leakage.

It was just suppressed by politicians and kept secret.

After all, if it is really made public, just like Japan, there is no money to deal with it, and it will be in a difficult situation both inside and outside.

Therefore, politicians will choose to suppress it and keep it secret.

But no one knows what terrible consequences this will cause.

But the politician’s future is saved, and the problems are left to the next person!
It is precisely because we understand that the so-called EU standards and Japanese quality are all jokes. Therefore, the village must ensure domestic production and localization in industries related to people's livelihood, such as milk, and they must not be monopolized by foreign companies.

Therefore, it is necessary to support domestic milk giants such as Mengniu and Yili.

It was because the professor's friend saw through this major premise that he dared to go all in on Mengniu, and eventually his assets skyrocketed by nearly 20 times!
Similarly, new energy vehicles are also a brand-new track, an important industry related to people's livelihood, and a core industry related to the development of the Xia country.

The village will also spare no effort to support it.

In this way, as the first giant of domestic new energy, BYD will definitely survive this wave.

After all, in the field of oil vehicles, Europe, the United States, Japan and South Korea are far ahead. The engines and gearboxes are technically very difficult and there are many Western patents.

It is very difficult for us to catch up, after all, they have been playing for hundreds of years and have a profound foundation.

Moreover, oil is a strategic resource and Xia State is heavily dependent on imports.

If Xia State continues to focus on oil-powered vehicles, it will never be able to get rid of its dependence on oil and will always be controlled by others.

After all, with 1.4 billion people, the amount of gasoline consumed each year is an astronomical figure.

But it’s different for trams. The brand new track does not require complicated engines and gearboxes, so the difficulty is instantly reduced.

In addition, Europe and the United States have invested heavily in oil vehicles. Even BBA does not want to give up the absolute advantages of oil vehicles and change tracks in the short term.

On the contrary, it is an opportunity for Xia State to overtake others.

More importantly, Xia State has a powerful power system and ultra-high voltage transmission technology.

In particular, the development of photovoltaics has made Xiaguo's electricity more abundant and the cost lower.

To put it bluntly, we lack oil and rely on imports.

But we don’t lack electricity. On the contrary, we export it every year!
Promoting electric vehicles to replace oil vehicles can greatly reduce oil consumption, reduce external dependence, and be more environmentally friendly.

It is impossible for the village not to support such a great thing.

Based on this, BYD will be able to overcome this difficulty.

Wang Yi believed that even if he did not take action, other forces would.

For example, the Shenzhen State-owned Assets Supervision and Administration Commission.

If BYD is really going to go bankrupt, will the Shenzhen Stock Exchange watch them go bankrupt?

We will do everything we can to revive BYD!
However, this is only the last resort.

Now that Wang Yi has taken action, BYD can take a breath.

For this reason, Shopkeeper Wang came to pick him up in person:
"Mr. Wang, thank you very much."

"As the saying goes, it is easier to add icing on the cake than to provide timely assistance! Last year, BYD encountered a crisis. You invested HK$35 billion and gave us a large number of OEM orders to help us through the crisis."

"BYD is facing a bigger crisis today, and it is you who has come to its aid. I am deeply grateful to you."

Wang Yi held Shopkeeper Wang's hand and said, "You're being polite. It's normal to have ups and downs in business. No matter how big the storm is, we'll handle it together!"

"Okay, let's carry it together!" Shopkeeper Wang was filled with emotion.

Helping someone in time of need is a great favor.

Wang Yi came to the rescue twice, even at such critical moments of life and death!
It’s still a huge amount of HK$5 billion!
You know, this is gambling!

Once the bet is lost, BYD will be finished, and Wang Yi's 5 billion will become worthless.

“But let me be frank!” Wang Yi changed the subject: “This time, with a 5 billion investment, we have taken a big risk, so I must have enough say. BYD’s future development must not go astray again!”

"That's what I should do." Shopkeeper Wang did not refute. It was all expected.

With 50 billion invested and such a huge risk, it would be abnormal if we didn't have some requirements.

More importantly, other capitals are too lazy to invest in BYD even if they are given a few more board seats.

Don't want to take that risk.

Afterwards, the group came to BYD headquarters, had a simple meal, and then held a board meeting.

"Mr. Wang, BYD's share price is only HK$10 at the moment. If it continues like this, it will go even lower. Therefore, we would like to issue you 8 million BYD shares at a price of HK$6.25, for a total of HK$50 billion. What do you think?"

Shopkeeper Wang asked tentatively, but he was unsure.

He also approached Buffett about this price, but Buffett refused.

Buffett is also worried that if the quality inspection bureau ultimately concludes that BYD cars have safety issues, then everything will be over.

After much deliberation, Buffett refused to invest.

Although it is a relatively reasonable price.

Wang Yi did not dwell on this: "Price is not a problem. HK$8 is a reasonable price. But I want three board seats and three veto rights."

"This..." Shopkeeper Wang hesitated.

Three board seats are not a big problem.

BYD’s current market value is only 250 billion yuan. Even if it issues another 50 billion yuan, its total market value will only be 300 billion yuan.

Wang Yi's 50 billion accounted for 16.67% of the shares, plus the remaining shares from before, the shareholding was as high as 18%!

He has surpassed Manager Wang and become the second largest shareholder.

As for the largest shareholder, it is HK SCCNOMINEESLIMITED, Hong Kong Central Clearing Company Limited, which is a special existence.

In this way, it is not a big problem to give three seats on the board of directors, as there were only two seats before.

The problem is three vetoes!

This made Shopkeeper Wang feel a little uncomfortable.

What if his strategy was rejected by Wang Yi?

"Director Wang, a veto power is a little difficult. How about this? I'll give you three times the voting power. You'll have three chances, and one vote counts as three votes!"

In this way, if Wang Yi’s position is too outrageous, even if he has three times the voting rights, he can win as long as everyone else supports him.

But if Wang Yi's position has already gained 30% support, plus three times the voting rights, then he would have won for sure.

This is better than three vetoes.

Wang Yi thought for a moment and said, "That's fine. I have no problem with most of BYD's decisions. But I oppose some decisions that will lead to detours. I hope everyone understands that BYD can no longer afford to be wasted, and we will not allow it to make any more mistakes!"

Everyone nodded in agreement.

Subsequently, the two parties began to sign the contract, and Wang Yi officially invested HK$50 billion in BYD.

At this point, BYD's shares have changed.

The largest shareholder is still Hong Kong Central Clearing Co., Ltd., with its shares diluted to 28.17%.

The second largest shareholder is Xingyi Technology, which holds 18.18% of the shares.

The third largest shareholder, Mr. Wang, saw his shares diluted to 16.87%.

The fourth largest shareholder, Buffett, saw his stake diluted to 6%.

The investment was agreed, and the board of directors began to discuss strategic issues.

Shopkeeper Wang said: "BYD is facing a crisis right now. Fortunately, with the strategic investment of 50 billion yuan by Chairman Wang, we can take a breath. The next topic is how to spend the billion yuan!"

"Don't put all your eggs in one basket. This spontaneous combustion incident happened because our core business is new energy vehicles. Once a car catches fire and causes an accident, BYD Group will be in jeopardy."

"So it is more promising to invest separately. For example, divide the money into BYD Electronics, BYD Electric Vehicles, new energy projects, and BYD Yunba projects!"

"This way of multi-hand investment is more secure."

"What do you think?"

Upon hearing this, everyone fell into deep thought.

"Not so good!" Wang Yi said directly: "Boss Wang, do you remember what I said to you last year? It's not enough to cover everything. Any company must have a core business."

"BYD's core is new energy vehicles, so there is no need to get too involved in other industries."

"For example, BYD Electronics has done well in the OEM business, but it is just OEM. If it were to make mobile phones and TVs, it would only be a terrible result."

"By then, not only will BYD's own TV and mobile phone brands fail to take off, but it will also lose the vast majority of OEM orders."

"The worst thing for a contract manufacturer is to be both a contestant and a referee. If Foxconn dares to make a Foxconn phone, Apple will immediately terminate the cooperation."

“It’s all a matter of course.”

"By then, even if it's for the sake of relationship, BYD will still be the OEM for Xingyi mobile phones. But will other customers of BYD Electronics do the same?"

"This..." Shopkeeper Wang's face changed drastically.

Others also nodded: "Yes, if the OEM is doing well now, there is no need to create your own brand and offend all the customers."

"What Mr. Wang said makes sense. If this path was feasible, Foxconn would have already made Foxconn mobile phones. They just don't do it because they know it won't work."

"That's right. You can only choose one between OEM and own brand. Right now, OEM is doing well and is the only profitable business. There's no need to commit suicide."

Upon hearing this, Shopkeeper Wang's expression changed slightly, but he had to admit that what Wang Yi said made sense.

Wang Yi continued: "As for the Yunba project, I don't agree with it either. The technical difficulty of this project is not great, but it is very difficult to commercialize, and there are many force majeure factors. Commercialization is too difficult, and the payback period is too long. Let alone short-term profits, even after ten years, there will be no profits!"

(End of this chapter)