Huayu: Starting from Fahrenheit

Chapter 443 A Net Worth of 10 Billion
Mid-August.

The highly anticipated film "Wolf Warrior" has finally been released.

On its opening day, thanks to its massive prior publicity, the film grossed 21 million yuan, taking the top spot on the daily box office chart.

It outperformed a series of blockbusters such as "Painted Skin 2".

In the following days, the box office figures remained very strong. In its opening week, the film grossed 1.3 million yuan, becoming the most anticipated film at the end of the summer season.

Because it was the first movie about domestic special forces, and it was quite well made, with good action scenes, etc.

Therefore, in terms of word-of-mouth, this drama also has a very good reputation.

Online, the situation is almost entirely positive.

In fact, Wu Zhuo had anticipated this regarding reputation.

I don't know when it started, but there's suddenly a trend in domestic patriotic films that can't be criticized.

You can dislike it, but you can't criticize it.

If you criticize, 100% of patriots will say you are not patriotic.

Anyway, I don't know when it started.

As long as it's a film with a patriotic theme, it's a good film.

It may seem ridiculous, but it's the truth.

This situation began around 10 years ago.

Wolf Warrior has benefited from this.

So even if the plot is a bit melodramatic, once the movie is released...

However, there is very little positive word-of-mouth about it.

Word of mouth can be very useful sometimes.

Many viewers go to the cinema based on word of mouth.

This cycle directly led to a surge in the film's box office revenue.

The box office of 1.3 million yuan in its first week directly attracted extensive media coverage.

At the same time, this box office performance has made Legendary Entertainment's IPO extremely secure.

Even more surprisingly, due to the success of Wolf Warrior, some investors have started contacting Legendary, wanting to buy Legendary's stock.

Of course, these things are not worth mentioning.

9 month 5 day.

Legendary Entertainment officially went public in Shanghai.

Wu Zhuo personally went on stage to ring the bell.

On its first day of trading, the total number of shares offered in the initial public offering (IPO) was 42 million, representing 25% of the total share capital of 168 million shares after the offering.

The issue price is 35.55 yuan per share.

The company's IPO immediately caused a huge stir in the stock market.

"Buy me a Legendary item!"

"Buy Legendary! Legendary stocks are sure to skyrocket!"

"Just because of Wu Zhuo's reputation, his legendary stocks are worth investing in."

To be honest, Wu Zhuo knew that Legendary's stock price would definitely soar after its IPO, but he didn't expect it to be this crazy.

The legendary IPO had a share price of 35.55 yuan per share.

The opening price reached 66.63 yuan per share. The highest price of the day was 99.85 yuan, the lowest price was 66.63 yuan, and the closing price was set at 81.80 yuan.

The next day, the opening price was 73.35 yuan, the highest price was 121.26 yuan, the lowest price was 73.35 yuan, and the final closing price was 99.53 yuan...

As a newly listed company.

Legendary Entertainment rose to become the first listed entertainment company in mainland China in just a few days.

The market value started at 50 billion and rose to 230 billion a week later.

Of course, the market value after listing is greatly affected by the stock price.

Both rises and falls in stock price can affect market capitalization.

At the time of the IPO, Wu Zhuo owned 65 percent of Legend's shares.

He became a billionaire overnight.

This news has been widely circulated in the country.

Netizens are saying they wish they could replace Wu Zhuo.

10 billion? To be honest, that's just his net worth; Wu Zhuo doesn't actually have that much money on him.

After the IPO, Wu Zhuo cashed out 10% of the shares, totaling 17 billion RMB.

Including his original money, he actually only has about 20 billion yuan in funds.

Of course, this is purely Wu Zhuo's interpretation in Versailles.

There are very few people in the whole country who have two billion yuan in liquid funds.

Wu Zhuo, who possesses substantial funds, has recently become a hot commodity and a frequent subject of financial news.

He began attending a large number of important business meetings.

At the same time, he also participated in the investment of some projects.

Most of the projects were investments he made consciously.

For example, DJI, Xiaomi, OPPO phones, and Kuaishou.

To be honest, these were companies that Wu Zhuo would have looked up to in his previous life.

But now, he has become their shareholder.

Although most of them are small shareholders.

But when added up, it will become a very large asset in the future.

On September 20, Wu Zhuo held a fan meeting at the Workers' Stadium in Beijing as scheduled.

All tickets for this fan meeting were sold through Maoyan.

Speaking of Maoyan, after its first round of financing, Maoyan began a large-scale expansion.

Following Wang Jianlin's investment, Tencent and Alibaba also joined as shareholders.

The three companies own 15%, 13%, and 5% of the shares, respectively.

A total of 3.3 million yuan was invested in Maoyan.

With the addition of 7000 million yuan from Legendary's investment, Maoyan received a total investment of 4 million yuan.

With this money, Maoyan began its rapid expansion.

In September alone, Maoyan spent a whopping 1.2 million yuan on advertising.

According to the company's plan, Maoyan will invest another 200 million yuan in promotion in the coming months.

As for research and development.

To be honest, for platforms like Maoyan, marketing is more important than research and development.

Wu Zhuo doesn't expect Maoyan to come up with any high-tech solutions.

The company's current main function is to serve as a platform that integrates ticket sales for cinemas, concerts, and other events.

Only after integrating these resources and squeezing out platforms like Meituan Movies will Maoyan begin to get involved in other industries.

For example, accepting publicity and distribution contracts, or participating in investments, etc.

Spending a whopping 1.2 million on advertising naturally yielded remarkable results.

Advertisements for the Maoyan app are everywhere – on trains, airplanes, billboards in cities, cinemas, and more.

Yes, Maoyan launched its app first, ahead of platforms like Meituan Movies.

Meanwhile, thanks to Tencent's investment, Tencent became the third largest shareholder, and platforms such as WeChat and QQ opened doors for Maoyan.

With the help of platforms such as WeChat and QQ.

Maoyan, a latecomer, has surpassed its predecessors and become the most well-known entertainment ticketing platform.

However, given the short timeframe, it's clearly impossible to immediately cripple Meituan Movies' ticketing platform.

This requires a lot of agonizing back and forth.

After the Maoyan APP was launched, Wu Zhuo immediately arranged for Zheng Zhihao to start developing other ticketing areas.

For example, purchasing train tickets and plane tickets.

Currently, the leader in this sector is Ctrip.

However, the market has not yet fully grown, so there is still an opportunity to intervene.

To address this, Maoyan APP has developed a dedicated travel section to provide services in this area.

However, compared to movie tickets and concert tickets, Wu Zhuo has connections and can directly cooperate with cinemas in one step.

He couldn't do that in terms of travel ticketing.

All he can do is send sales representatives to negotiate after the relevant sections of the app are created.

The train station and airline were fine, as Wu Zhuo personally intervened.

National superstars still have some face.

After several rounds of negotiations, a cooperation agreement was reached.

On the contrary, it's the hotel side.

He really couldn't do anything about it.

With so many hotels and even inns across the country, they need to negotiate with each one individually. Some might say that Ctrip could be an obstacle.

There isn't one in that regard.

Although Ctrip has become the leading player in domestic hotel bookings, it cannot use unfair terms and conditions or allow hotels to join other travel websites.

Of course, Wu Zhuo doesn't expect to be number one when it comes to purchasing travel tickets.

He only needs Maoyan to have this kind of business.

Comparatively speaking, movie tickets and concert tickets are Maoyan's main business.

……

With National Day approaching, Wu Zhuo reduced his work activities and went home to spend time with his grandmother.

After Wu Zhuo got his ID card here, he brought his grandmother to Beijing.

The old lady was initially unwilling.

It wasn't until Wu Zhuo brought Liu Shishi back and they met that the old lady felt at ease staying in the capital.

Then, her daily urging to Wu Zhuo changed to, "When are you two getting married? Zhuo, you should have a child! Grandma wants to hold her grandchild."

"What on earth do you think?"

After dinner, Wu Zhuo and Liu Shishi returned to their room.

Liu Shishi finally couldn't hold back any longer and asked Wu Zhuo the question that concerned her the most.

She and Wu Zhuo have been together for five years now.

Over the course of five years, the two had their share of arguments.

But relatively speaking, they got along very well.

She had been waiting for Wu Zhuo to propose to her.

But no matter how long they waited, Wu Zhuo made no move.

After Grandma Wu Zhuo brought up the question again today, she finally couldn't help but speak up.

"Next year! We'll get married next year!"

In fact, Wu Zhuo had also considered this issue.

He can't stay single forever.

Indeed, he is rich and has no shortage of women.

But that was nothing more than a relationship based on self-interest.

Only Liu Shishi and Wu Zhuo were together when they were newcomers in the industry.

They understand each other and know each other's character.

This is especially true for Wu Zhuo.

It may be really hard to find someone more suitable than Liu Shishi.

With Wu Zhuo's immense fame, there's never a shortage of women trying to get close to him.

Wu Zhuo himself was no saint either.

There are actually quite a few tabloid stories about Wu Zhuo.

While most of them are fake, quite a few are genuine.

Liu Shishi never said anything about this.

She gets jealous sometimes, but she knows how to keep it to herself.

Wu Zhuo has never argued with her about gossip.

On the contrary, we sometimes argue about other things.

"Really?"

Upon hearing Wu Zhuo's words, Liu Shishi's eyes lit up.

"Really, we'll get married next year!"

Wu Zhuo said seriously.

"Ah! Husband!"

Liu Shishi jumped onto Wu Zhuo like a koala and gave him a big bite on the face.

"Shall we go see my parents tomorrow and tell them the news?"

Liu Shishi looked at him expectantly.

"of course can."

Wu Zhuo nodded without hesitation.

Wu Zhuo, Liu Shishi's parents, had met her.

Having been together for five years, and both living in the capital, how could we not have met?

In the years when Wu Zhuo frequently participated in the Spring Festival Gala, he would usually stay at Liu's house after the gala.

They were actually being urged to get married, but the two of them kept making excuses to avoid it.

I'm sure Mr. and Mrs. Liu will be very happy when I tell them this.

"That's great! My parents will be so happy!"

Liu Shishi was very excited and tossed and turned in bed, unable to sleep.

Wu Zhuo also had trouble sleeping.

To be honest, although he was prepared for the marriage, he became a little nervous after it was confirmed.

However, he did not regret it.

Liu Shishi was with him for five years.

He was quite certain that they were a good match.

They will definitely not fail to make it to the end like the others.

"Why don't you just stop acting altogether?"

After thinking for a while, Wu Zhuo suddenly spoke.

Upon hearing this, Liu Shishi looked up at him.

Seeing that she didn't seem particularly averse to the look, Wu Zhuo said:

"I've already earned enough money, and I also have a lot of things to do at my company."

I had you learn management before, so that you could participate in the company's management in the future.

Wu Zhuo had considered this issue.

He had long thought that if they got married, Liu Shishi could come and help manage his company.

Some people might say, "Why didn't you say that when you were boyfriend and girlfriend?"

This is actually different. Without marriage, who can say for sure what will happen in the end?
If they don't end up getting married, and you force them to leave the industry early, you're harming them.

Especially female celebrities, who are already popular and not even married yet, and you tell them to stop acting.

What happens when you break up with them? What will they eat then?
Is this another act?
It's uncertain whether I'll be able to get another role.

The entertainment industry is a place where new waves push out the old, and the old waves die on the beach.

If you don't succeed, you will become benevolent.

Especially for female artists, even if you don't have any roles for two years, let alone several years, you'll still fade into obscurity.

Once you leave this industry for a few years, it's almost impossible to achieve the same level of success as before.

Therefore, when they were just boyfriend and girlfriend, Wu Zhuo never suggested that Liu Shishi stop acting.

He was just helping her indirectly, giving her the ability to get a job at his company.

Several years ago, when Wu Zhuo signed her back to Legendary Entertainment from Tangren Media, he not only trained her in acting but also hired people to train her in management and related business skills.

Because of her excellent academic performance, she also participated in some successful investment projects.

When Enlight Media went public last year, she bought some of its stock and made a fortune after the IPO.

Then, without Wu Zhuo's reminder, she bought a lot of Legend shares on her own.

She emptied her savings of 50 million yuan and bought stocks, ultimately making a profit of 200 million yuan.

Now, she's quite wealthy herself!
In addition, she also opened her own studio and signed several promising artists.

For example, her best friend Yang Mi.

This year, Yang Mi became a member of her studio.

Yes, Yang Mi, who ran her own studio in her previous life and had a falling out with Liu Shishi, not only didn't fall out with her in this life.

Instead, they signed directly with her studio.

"So, you actually want me to be the boss's wife!"

Liu Shishi was not angry at all; instead, she smiled.

"Of course, if you marry me, you'll be the boss's wife!"
Of course, if you really enjoy acting, you can continue acting.

Wu Zhuo shrugged.

If Liu Shishi truly enjoys acting, he won't refuse; however, he will be more rigorous in his vetting of future projects.

"Only a fool would give up being the boss's wife to go and work so hard as an actress!"

Liu Shishi said with a smile.

(End of this chapter)