The entertainment empire began with Liu Yifei's premarital pregnancy.

As the group continues to expand, Lin Bufan has more and more things to do.

Unlike at the beginning, when even Bai Bing alone could arrange things very well.

Later, Bai Bing went to Zhewei Capital to serve as the director of the risk control department, and Zhang Tianai took over as Lin Bufan's personal secretary.

However, her abilities meant she could only be a personal secretary, responsible for taking care of his daily life, which was fine, but when it came to professional matters, she was no match.

After a selection process within the group's office, Shen Lin, Meng Xiuwen, and Chen Yu stood out.

Chief Secretary Shen Lin, female, 32 years old, has an undergraduate degree in Journalism from Renmin University and is currently pursuing an EMBA in Economics and Management at Tsinghua University. She was originally a member of the secretariat of a central state-owned enterprise, but later resigned and joined Kyoto Group last year.

She has a very strong work ability and is responsible for information screening. She will screen the documents submitted to her and put the important things on top.

Meng Xiuwen, female, 28 years old, graduated with a master's degree in Chinese Literature from Peking University. She worked at a newspaper for two years and is now serving as Lin Bufan's writing secretary.

He was responsible for Lin Bufan's speech drafts, as well as drafts for superiors and media interviews.

She was responsible for all the group's internal official documents, appointment notices, and the promulgation of regulations. She was even in charge of keeping the group's seals and company seals.

Some classified documents, including Lin Bufan's private letters, were also handed over to her for filing, numbering, and finally locked in the core archive room on the 28th floor.

Chen Yu, a 27-year-old woman, graduated from Beijing Foreign Studies University. She is responsible for managing Lin Bufan's schedule. Unless he is filming, she has to keep track of Lin Bufan's whereabouts down to every half hour.

For example, what time Lin Bufan gets up, whether there is traffic on the way to the company, how he is in a mood, and then the meeting process and rhythm of the whole day are planned according to these.

In terms of meeting arrangements, it is necessary to prepare meeting materials, notify participants, and take meeting minutes, among other things.

The documents sent from various departments were first registered, classified, and sorted by her before being handed over to Shen Lin. Shen Lin would then organize them further before handing them over to Lin Bufan.

As for travel arrangements, she was responsible for booking flights and hotels, as well as airport pickups.

However, this is not necessary. Lin Bufan has a private jet, and she only needs to book the tickets if the departure is very urgent and there is no time to get approval.

…………

"Xiaoyu, distribute the documents and materials!"

Lin Bufan glanced at Chen Yu beside him.

"Yes, Chairman!"

After Chen Yu responded, he stood up and placed the documents in front of everyone one by one.

"Everyone, take a look!"

Lin Bufan continued, "Next, we'll discuss the company's IPO!"

"I plan to list Jingxiu, Jingle, and Jingyi Xingyao through a backdoor listing." Lin Bufan glanced at Sun Jinghai, Zhao Xueyong, and Shen Xiuying before looking at Zhou Rui beside him.

"If these three subsidiaries were to go public through a reverse merger, how quickly could they be listed?"

Lin Bufan only knew the general process of the company's listing, but he was not a professional in the specific details.

"Chairman, if these three companies go public through a backdoor listing, it will probably take 6-8 months!"

Zhou Rui looked at Lin Bufan with a serious expression: "Because of a backdoor listing, the first thing to do is to find a clean shell company..."

The process of a backdoor listing is actually quite simple. First, you need to find a clean shell company, which is a so-called listed company, but this listed company no longer has any specific business.

It's not very valuable; its market value is probably only a few hundred million.

However, there are still a few pitfalls to avoid when choosing a shell company, such as whether the shell company has any debts or performance-based agreements.

If you don't investigate thoroughly beforehand, once you acquire the shell company, both the debts and the performance-based agreements will fall under the latter's purview.

This process requires a lot of manpower and resources for investigation alone, especially in terms of time.

Even if you buy a clean shell company, you will still face a series of procedures such as company restructuring, which can take 6-8 months, and that's considered fast.

A typical backdoor listing takes 9-15 months, and sometimes even more than two years.

"I'm entrusting the matter of these three subsidiaries' backdoor listings to you!"

Lin Bufan looked at Zhou Rui.

"Yes, Chairman!"

Zhou Rui replied with a serious expression.

"The three of you need to understand!"

As Lin Bufan spoke, he looked at Sun Jinghai, Zhao Xueyong, and Shen Xiuying: "The difficulty of an independent IPO is simply too great, especially for Jing Le..."

Jingxiu is in a better position. As long as they continue to launch new variety shows, they should be able to go public independently if they want to IPO.

However, it takes far too long.

This is no longer the era of variety shows, which is why Lin Bufan is not in a hurry to launch a new variety show.

Times have changed, so we can't rush things.

If they wait any longer, Jingxiu will have to wait at least three to five years before it can have an independent IPO, and by then it will be too late.

Moreover, there is no difference in the later stages of listing, whether it is a backdoor listing or an IPO. The biggest difference is at the beginning of the listing.

Another issue is the shareholders after the company goes public.

If a company goes public through an IPO, its shareholders are within a controllable range, but it's different if it's a backdoor listing.

It's impossible to completely remove all the original shareholders of a company unless you pay a hefty price.

"The record market is shrinking more and more. If Jing Le can't seize this last opportunity to go public through a backdoor listing, it won't be very successful if it goes public again!" Lin Bufan looked at Zhao Xueyong with a serious expression.

"Chairman, I understand!"

Zhao Xueyong smiled bitterly. He was powerless to resist the boss's decision, especially since the boss had already explained it to him, so he had even less to say.

Moreover, as a seasoned professional in the industry, he naturally understood what the boss was saying.

This can be considered the last shining moment for the music scene. He can clearly feel that the market as a whole is shrinking.

"And you have to understand about Jingyi Xingyao as well!" Lin Bufan looked at Shen Xiuya.

"Understood, Chairman!"

Shen Xiuying nodded, knowing full well that it would be very difficult for a company that only manages artists to go public; a backdoor listing was the best solution.

"As for Jingxiu, instead of delaying its IPO for three to five years, why not go public through a backdoor listing first, and then launch new variety shows to boost the stock price after the listing..."

This was Lin Bufan's idea. Thinking of this, he looked at Zhou Rui and said, "The shell company must be clean, especially in terms of shareholders. Don't be afraid to spend more money. You must remove all the shareholders of the shell company."

Lin Bufan didn't want to have to deal with those shareholders after the restructuring and listing in the future.