The richest person in Chinese entertainment

Chapter 430: The crisis brought by the loyal family, only you are missing
"Leon, you have to listen carefully to the following news, which is related to our plan all along."

"Hurry up and tell me." Zhang Chen frowned, somewhat impatient with Robert Eger's suspense.

"Hahaha, don't be impatient." Robert Iger laughed, "It's not easy to be the richest man, right?"

Zhang Chen curled the corners of his mouth, but Robert Iger could not see the helpless expression on his face.

He was indeed very annoyed about this matter, but he was not at a loss as to what to do.

"You may not know that many of our media outlets wanted to report what happened to you in China, but we suppressed them all." Robert Iger still didn't get to the point, but talked about another thing instead, "Leon, shouldn't you thank us more?"

"Thank you." Zhang Chen said the word dryly.

"Will Leon show any intention?" Robert Iger asked, "Like come to the United States to hold a party or something?"

Zhang Chen chuckled: "You could have just not blocked the news and let the news that I was being chased for my rights in China spread all over the world."

Party in the beautiful country?

That couldn't be a good thing. It was just a bunch of people with nothing to do and full of food getting together to look for a bed partner for the night.

Men are looking for women, or men are looking for men, women.
Women are only there to be chosen.

Unless the woman's last name is Clinton.

After all, even Leo started to sloven his appearance because this woman took a fancy to the young model.

“Haha, Lyon is our shareholder. We are obliged to help shareholders maintain their reputation. So how could we become accomplices of those people?” Robert Iger laughed awkwardly. “Let’s get back to business.”

Obviously, Robert Iger initially wanted to gain some benefits from Zhang Chen through this matter.

But he didn't expect that Zhang Chen would not buy it at all.

Just as Zhang Chen said, this group of people represented by Robert Iger take pleasure in smearing Dongfang.

But they didn't, and even had to help Zhang Chen eliminate the impact.

The reason is that Zhang Chen now represents the shareholders of four companies in the United States with a combined market value of more than 100 billion US dollars.

If Zhang Chen's reputation is damaged in any way, investors holding shares of these four companies will sell their shares.

Now they are still waiting for the stock price to reach a high level so that they can sell it themselves. How could they allow the stock price, which is still rising but has not yet reached its peak, to have an unexpected move at this critical juncture?

For some people, they only care about profit.

As long as everyone's underlying interests are the same, we are one family.

Zhang Chen is currently the Chinese whose interests are most closely tied to theirs, and the person who can most influence the stocks of the four listed companies, so nothing must happen to him.

Robert Iger and others understood this principle, but they thought Zhang Chen didn't.

But Zhang Chen understood it from the moment he agreed to be on the list of shareholders, and it was also a life-saving talisman he prepared for himself for a long time in the future.

In some places in this world, there are no eternal friends, only temporary friends, because everyone's interests are the same at this stage.

There are no eternal enemies in some places in this world. As long as everyone's interests are consistent, you are his friend.

This is why Zhang Chen, a Chinese, can thrive in the Western world.

From the very beginning when Warner needed a musical genius to revive the music market that was about to be eroded, Zhang Chen has been looking for people with profitable goals.

It is far from enough for him to get to his current position relying solely on some memory and luck.

When he debuted, his partners of choice were Warner Music, Warner Pictures and even the entire Warner Bros.

Now, he has chosen the interest groups represented by Hollywood, or the interest groups behind Hollywood and the entire Western traditional media.

Many times, the importance of choice is far more important than hard work.

So far, Zhang Chen's choices have not been wrong.

It is for this reason that an old white man like Robert Iger would take the initiative to help him ward off disaster.

"Leon, this time our people did get reliable news. A Goldman Sachs intern was suddenly sent to China."

"An intern at Goldman Sachs?" Zhang Chen's heart moved, feeling somewhat familiar, but he couldn't remember where this familiarity came from.

"Leon, this intern is not the point!" Robert Iger's tone was quite serious. "The important thing is that the banks led by Goldman Sachs should have noticed something. The CDS we customized from these banks is our future gold mine!"

“Only Goldman Sachs?”

"There are other banks, but they are all planning in the United States. But I think the news that Goldman Sachs sent people to China this time should be helpful to you."

Zhang Chen did not ask why banks such as Goldman Sachs, which are also controlled by Vanguard and BlackRock Funds, would do such a thing.

Robert Iger didn't say either.

The reason is that these two giants control so many companies.

Behind every well-known company in the world, there are shadows of these two companies.

The simplest reason why Robert Iger was able to successfully convince the two companies was that eggs should not be put in one basket.

This is also a common practice among many investors, betting on both sides, also known as risk hedging.

As long as we can make a profit on the entire account, that's fine.

For Vanguard and BlackRock, whether it is the profits of short sellers represented by Zhang Chen or the profits of banks represented by Goldman Sachs, they are the winners.

Therefore, they will not get directly involved in this dispute, because they have already sat on the Diaoyutai, ready to reap the benefits when the incident finally happens.

The reason why Goldman Sachs was able to react this time was probably because they didn't want to see Zhang Chen invest too much money, which would lead to Goldman Sachs and other banks suffering heavy losses in the end.

If too many banks fail, it will be difficult for them to end up like this.

After all, the financial backers behind these banks are themselves.

Releasing some information to these banks can also balance the power of both sides.

Therefore, in this future battlefield without the smoke of gunpowder, it will only be a struggle between media giants such as Hollywood and Wall Street banking capital.

To be more precise, it should be a competition between two agents.

Robert Iger understood this principle when he was authorized, and Zhang Chen also understood it.

"Robert, what's the name of the intern who came to China?"

"Uh, let me think, it should be Jean." The sound of shuffling papers came from Robert Iger.

"Jean?" Zhang Chen frowned and thought, and that familiar feeling came again.

But he just couldn't remember where this familiar feeling came from.

"Oh, right!" Robert Iger seemed to have thought of something, "Her Chinese name is Liu Jin? That should be the pronunciation, right?"

"Liu Jin?" Zhang Chen chewed on the name that Robert Iger came up with with his awkward Chinese pronunciation. He felt that the answer was about to be revealed.

But he didn't hit a dead end.

Because there is an easier way.

Since Robert Iger got the report from his subordinates, there must be a relevant text version of the work report. The sound of the paper flipping just now is proof of this. After figuring this out, Zhang Chen was about to ask Robert Iger for the content of this report when he suddenly saw a report on the computer.

"Liu Jin, Liu Qing?!" Zhang Chen was suddenly startled and exclaimed.

"Hey, it seems to be this pronunciation!" Robert Iger's words on the other end of the phone also confirmed Zhang Chen's guess.

"Robert, come to China when you have time. I'll treat you to a meal." Zhang Chen jumped up from his chair, grabbing his phone and said quickly, "I have something else to do here, so I won't chat with you for now."

"Eh"

Before Robert Iger could finish speaking, Zhang Chen hung up the phone.

The name Liu Qing may not be famous now.

But Zhang Chen remembered this person.

Not easy to deal with.
It’s okay for this girl who is still an intern at Goldman Sachs, but the key is the people she represents.

He came from a family of loyal and brave men. He was no ordinary person and was much more difficult to deal with than the opponents Zhang Chen had encountered before.

In terms of total wealth, Lenovo Group's annual turnover is currently about HK$1036 billion, a year-on-year increase of 359%.
By the end of March, the Group's cash reserves were approximately HK$3 billion.

This is also thanks to the Olympic Games. Lenovo Group exclusively provides desktop computers for the Turin Winter Olympics, and will become the exclusive computer supplier for the Yanjing Olympic Games in two years.

In May last year, Lenovo completed the acquisition of IBM's computer division.

It can be said that the recent years have been a period of rapid development for Lenovo Group, and it has also been a critical node for the Zhonglie family to begin planning something.

If we only look at the profit point, Lenovo Group, with a turnover of more than HK$30 billion, only made a profit of HK$3 billion, and its gross profit margin is less than %.

Compared with the 238% gross profit margin for film and television dramas of the Morning Glory Group and the 15% gross profit margin for clothing of the Morning Glory Group, it is difficult to tell which one is the high-tech company.

Although the Chenguang Group is not listed and does not need to publish financial reports, Zhang Chen knows the annual turnover of his group, and 100 billion is just a fraction of it.

Because up to now, even Morning Glory Pictures, which has the highest gross profit margin but the lowest annual revenue in the group, has a gross profit of around 15 billion and a gross profit of nearly 50 billion.

This is due to the fact that the entire upstream and downstream industrial chains of the film and television industry have been opened up by the Morning Glory Group.

Starting from the script, to film and television investment, to production, crew training, post-production, publicity and distribution, theaters, and digital movies, the entire process is within the business scope of the Morning Light Group.

In addition, whenever mainland directors want to attract investment or get a better screening rate for their films, they will ask the Morning Glory Group, which currently occupies nearly half of the screens in China, to share a piece of the pie.

It is no exaggeration to say that now any movie with an investment of tens of millions, or even some directors or scripts that Chenguang is optimistic about, even if the investment amount is only one million, no less than 20% of the funds come from Chenguang Entertainment.

Therefore, it is not an exaggeration to say that Chenguang Group has occupied half of China's film and television industry.

Even Han Sanping from China Film Group has to go to the Chenguang Building to discuss with Li Xiaoping if he wants to schedule a movie.

This is only the least noticeable part of the assets of the Morning Glory Group. In addition to Qiming Venture Partners, which Zhang Chen is aware of, there are also investments in many high-quality companies that he is impressed by.

In addition, there are M&G Clothing, M&G Brokerage, M&G Technology, and M&G Construction, which are all low-key but powerful industry giants with huge market share.

But even with such a giant group, Zhang Chen still felt helpless when facing Lenovo Group.

It’s just that the other party’s methods are too powerful.

Otherwise, it would be impossible to turn a state-owned enterprise into one's own private property.

Although Zhang Chen couldn't see through the twists and turns, he could guess a little.

The current leader of Zhonglie is not the guy who will be hated by everyone on the Internet in the future.

Now, after his father went to Babaoshan two years ago, he has a huge influence in business.

After all, his father is the holder of China's No. 2 lawyer's license.

Although his father is not a good person either.

What good can a lawyer do who helps overseas companies sue mainland companies in order to suppress the survival space of mainland companies and pave the way for foreign companies to occupy the mainland market?

But the bad thing is the timing.

At this point in time, Lenovo truly has a strong position in the mainland and is the pride of the nation and a national brand.

"It's difficult." Zhang Chen held his forehead with one hand, feeling a bit of a headache.

The person behind the scenes has been found out, although the purpose of his doing so is still unclear.

But just the name brought tremendous pressure to Zhang Chen.

This pressure is not the kind of simple commercial competition that Baidu faces.

It’s more about what’s reflected behind the scenes.

If we are not careful, Chenguang Group will face the biggest crisis since its establishment.

"Go, go, go! Follow me now!"

Zhang Chen was having a headache when he heard a cheering voice.

Just by hearing the baby voice, Zhang Chen knew who it was.

Or to be more precise, there was only one person who dared to speak like that in his office.

"What?" Zhang Chen watched Liu Yifei pull him up from his seat. He could only look at the girl's back and ask what happened.

"Come with me to school!" Liu Yifei didn't even turn her head back, and just walked out holding Zhang Chen's hand.

"School? Now?" Zhang Chen looked confused.

"Yes!" Liu Yifei turned around with a smug look on her face, "Do you think I've been practicing at home during this time?"

"Ok?"

"Don't you think our school's graduation ceremony is too simple?"

"Rudimentary?"

"Yeah, you even refused to give a graduation speech, and the school didn't bother to hold a proper graduation ceremony because of that incident."

"It's just graduation, what else do you want?"

Zhang Chen did have some impression of his school's graduation ceremony.

I heard that the acting department used to have a graduation drama.

But Wang Jinsong and the others did not inform him, probably because they were afraid that he would not agree even if they asked.

Zhang Chen enjoys his free time.

Instead of socializing with a group of classmates you don’t even know well, it’s better to just lie at home.

But Liu Yifei doesn't seem to think so.

"I've discussed with my classmates recently, let's do something big together!" Liu Yifei grinned, "Now everything is ready, except you!"

"I'm the only one missing?!"

　No one will have any objection to using LX, right?
　　
　
(End of this chapter)