Entering the Chinese entertainment industry is like entering a deep sea

Chapter 846 Angry Birds (Part 1)

The whole Little G thing miraculously ended with a 'fan perk'.

No wonder she ended up working on a sewing machine.

After all, once the benefits are substantial, many fans will be willing to give up in the future.
Time flies, and half a year has passed in the blink of an eye.

Crystal Dock, Los Angeles
The afternoon sun was warm and languid, and Liu Yifei was curled up in a soft, oversized sofa.

A comfortable, homey oatmeal-colored cashmere knit sweater paired with matching tweed trousers accentuated her gentle and refined demeanor.

Li Chen sat on a single sofa, wearing a dark blue cotton shirt with the sleeves casually rolled up to his forearms, looking down at domestic news on his tablet, appearing relaxed.

On the carpet, the two sons were intently building a huge Lego castle.

Little Lele, wearing an adorable onesie dinosaur pajamas, tried to babble and give a building block to her older brother.

The eldest son, like a little adult, was seriously planning the project, occasionally showing a helpless and impatient expression because of his younger brother's "help".

Liu Yifei's phone suddenly vibrated. She picked it up and saw that it was Yang Siwei calling.

After the call connected, the two chatted for a few minutes.

Yang Siwei then said, "The boss is right next to you, isn't he?"

"He's there? Are you looking for him?"

"Okay, let the boss take a call."

"Then I'll call you." Liu Yifei smiled and handed the phone to her husband.

Li Chen took it and listened for a few minutes, nodding repeatedly.

In the end, he finally said one sentence: "Do your best."

"Understood, boss."

After hanging up the phone, Yang Siwei, who was far away in China, immediately got busy.

The big boss wanted to play the role of a white knight, and she supported him unconditionally.

That little bird is absolutely wicked.

They actually chose to make their move the day before the big boss's birthday.

It turns out that today, Wanwan Group, the controlling shareholder of a certain cultural company, signed a "Share Transfer Agreement" with Xiaoniao Media.

The agreement stipulates that Wanwan Group intends to transfer 1.85 million shares, representing 29.135% of the company's total share capital, to Xiaoniao Media.

The total transfer price reached RMB 30.6 billion.

For this acquisition worth 30.6 billion yuan, Xiaoniao Media only had 6000 million yuan of its own funds, and planned to raise the rest of the funds through loans, resulting in a leverage ratio as high as 51 times.

In other words, the remaining 30 billion was all borrowed.

This is clearly an attempt to 'borrow' back the 30 billion yuan loss that Ali Pictures suffered in one go!
When Xiaoniao Media announced this news, Fan Bingbing, who once played the maid Jin Suo, was quite disheartened.

Her former "master" could give her 30 billion yuan at a time, and she couldn't come up with that amount of money even if she tried her hardest.

Fan Bingbing was idly scrolling through Douyin when she discovered that Yang Siwei had become a trending topic.

Fan Bingbing rubbed her eyes, wondering if she had seen wrong.

Fan Bingbing immediately called Yang Siwei.

Yang Siwei casually pressed the answer button.

Fan Bingbing hurriedly asked, "What happened?"

"What's going on? You're talking incoherently!"

"Rongchen Pictures is going to sell its 2.4 million yuan worth of Wanjia shares?" Fan Bingbing was so shocked that his tongue almost rolled back.

It's already breaking news on Weibo that Xiaoniao Media has just reached a 30.6 billion yuan acquisition agreement with Wanwan.

In the afternoon, Yang Siwei, representing Rongchen Pictures, announced that they would sell 4.7% of Wanwan shares worth 2.4 million yuan. "I have already written it very clearly. After investigation by Rongchen's professional financial team, Xiaoniao Media's registered capital is only 200 million yuan. It has no employees, no business, and no assets. It is a typical shell company set up for acquisition."

"As for Xiaoniao Media's claim that it is raising funds, in my recently released report I clearly pointed out the reasons why Xiaoniao's financing from financial institutions is absolutely impossible to be approved. The whole plan is a castle built on sand."

"With a leverage ratio of 51, countless cases both domestically and internationally have shown that the risks are enormous. What's wrong with Rongchen Pictures' reasonable short selling?"

"Rongchen is a responsible company. By the way, I would like to remind ordinary investors to be cautious about following the trend, as the risk is extremely high!"

Yang Siwei's words were like knives, and Fan Bingbing was deeply shaken.

What kind of problem is this?

Brother Chen and Little Bird have never been on the same side, and now they've completely broken off relations and started fighting.

No one knew when Rongchen Pictures quietly acquired 4.7% of Wanjia's shares.

Moreover, on the very day the 30.6 billion agreement was signed between the two parties, there was an obvious opportunity for the stock price to rise, yet they actively shorted the stock!

This is clearly not about making a profit; it's about sending a strong bearish signal to the outside world.

Fan Bingbing couldn't help but curse inwardly.

The key point is that it's terrifying.

Especially this report issued by Rong Chen, even an ordinary person can see it clearly, it's nothing more than a front for getting something for nothing!

This time, Brother Chen is going to personally step in and act as the white knight, dealing with the little bird.

Fan Bingbing was deeply shocked and couldn't help but swallow.

I just have one question: "Is Brother Chen going to go all out this time, making sure she can't recover?"

"What are you talking about? This is a company matter. The boss is on vacation in the United States and doesn't have time to deal with these trivial matters," Yang Siwei said with a smile.

Completely disregarding the matter, this was merely the first move in Rong Chen's "killing Yan" strategy.

The sole purpose is to curb the irrational rise in stock prices, lest those retail investors be left to be fleeced!

Fan Bingbing hung up the phone in a daze. After a moment, a smile spread across her face like ripples on a lake.

"Hahaha"

Not to mention Fan Bingbing, everyone at the Beijing Film Academy was shocked.

The presence of these two prominent figures from the Beijing Film Academy has created a climate of fear and unease throughout the entire academy today.

The little bird's teacher urged Xinqin to go directly to Tian Zhuangzhuang and even to the dean to ask what was going on.

Dean Zhang Huijun was equally bewildered at the moment. He went to find Tian Zhuangzhuang, but Tian Zhuangzhuang knew nothing about it.

He added at the end, "Li Chen doesn't need to explain himself to me. Teacher Cui, your student is becoming less and less like a good person!"

Cui Xinqin's face turned red, and he stammered, unable to utter a single word.

The students from the 2016 class of Beijing Film Academy surrounded Tian Xiwei and Guan Xiaotong, two girls from the Rongchen Department.

"Xiao Tian, ​​Xiao Tong, what's going on with today's show? Give us some scoops! We're all loyal fans of Director Li and we wholeheartedly support him tearing the wild goose apart!"

Tian Xiwei was even more curious than the others. However, this matter caused an uproar in Rong Chen's group of artists, with everyone asking what was going on.

"Want to know?" Tian Xi revealed a bright and deceptive smile, and beckoned to her classmate.

"Of course I want to! The school was in an uproar today, who could concentrate on class? It's like a civil war at Beijing Film Academy!"

"However, almost no one supports Princess Pearl! I feel like Beijing Film Academy is becoming Rongying Film Academy! Looking around, all I see are Director Li's fans! I'm afraid that more than 90% of Director Li's 100 million fans are students from our school."

"I'm telling you, I don't know either! Little Tong doesn't know either!"

"However, use your brains and think about it. Has my boss ever wronged an innocent person or let a guilty person go free in all these years?"

"Anyone who speaks ill of my boss behind his back, don't blame me for lifting him up like a barbell and throwing him away!!"

(End of this chapter)