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

Many companies go public initially because they need money for development, so they go public and sell their shares to raise funds for the company's growth.

Of course, not all of them are like that.

Extraordinary Film Company's IPO was not for the purpose of raising funds.

"Execute according to the established plan!"

Lin Bufan gave Bart Elvis a positive answer.

Extraordinary Film Company's stock price is currently inflated, and a 50% drop in market value is almost normal.

After all, Extraordinary Film Company doesn't have any industries to support a market value of over 10 billion US dollars.

Stock buybacks are also conducted when the company's stock price is at its lowest point.

At the same time, it's also to sell off the shares when the market value of Extraordinary Film Company rises in the future.

This is how most companies operate in the stock market.

Cashing out at the highest stock price and then repurchasing at the lowest point can generate profits ranging from hundreds of millions to billions, or even tens of billions.

Unfortunately, the company had just gone public, and according to US stock market rules, shares could not be sold within 90 days. Otherwise, Lin Bufan was prepared to sell all his shares and then buy them back at a lower price.

[Ding! Congratulations, host! Daily check-in successful. You have received the following rewards: 100 million US dollars, 100 points, and one Energy Pill.]

After hanging up the phone, Lin Bufan realized that he hadn't checked in today.

[Ding! Congratulations, host! Monthly check-in successful. You have received a check-in reward: 100% of Zotye Automobile shares]

"What?"

Lin Bufan was surprised when he heard the system's voice.

The Zotye brand is known to almost everyone in China.

People know this brand mainly because of its reputation as a "Porsche-Tai" and "Land Rover-Tai".

This brand was once so popular that it became a meme across the internet, but after its peak, it fell to rock bottom and eventually went bankrupt.

However, at this point in time, Zotye had not yet established a reputation as a "Porsche-like" brand, and could have changed that earlier.

Thinking of this, Lin Bufan immediately made a phone call to Xu Hongfei.

"Mr. Lin!"

"Send someone to move into Zotye's premises..."

Over the phone, Lin Bufan gave instructions to Xu Hongfei.

Although the shares are now in Lin Bufan's hands, he doesn't have any employees in the company yet.

"Understood, Mr. Lin!"

After Xu Hongfei responded, he hung up the phone and began selecting personnel.

He didn't know when Mr. Lin bought Zotye, but that wasn't important.

The important thing is that he now needs to send people to Zotye Company first, starting with the company's finances, which is the most important part.

As long as the company's finance department is replaced with our own people, we can take our time with the other departments.

After hanging up the phone, Lin Bufan shook his head slightly.

He never expected that the system would assign him to a company in the automotive industry.

Thinking of this, Lin Bufan suddenly remembered that on June 21st, during the summer solstice festival gift pack, he had obtained the relevant technology of lithography machine.

Of course, this only refers to related technologies.

If we consider the lithography machine as a whole (100%), the related technologies it employs only account for about 5%, which is neither the most core nor the most peripheral.

"It's a pity. If we could acquire the complete technology for lithography machines, we could enter the lithography machine field and manufacture our own chips."

Lin Bufan sighed with regret.

"Boss, ATV CEO Ricky Wong just called."

Lin Bufan had just handed his phone to Zhang Tianai when she reported back to him.

Just now, Lin Bufan was calling Xu Hongfei, so the line was busy. Wang Weiji then called Zhang Tianai instead.

"What is it?"

Lin Bufan looked at Zhang Tianai.

"He didn't say, but according to the timeline, today should be the opening day of ATV International News Channel." Zhang Tianai took out her notebook and glanced at it.

As Lin Bufan's assistant, he had too many things to remember, which is why the importance of assistants and secretaries became apparent.

Since Lin Bufan took over ATV, he only cared about it for a short time at the beginning, and then he almost never paid attention to anything.

"I understand. Just give him a call and tell him everything is fine as usual."

Lin Bufan spoke in a calm tone.

For many people, ATV was very important.

However, for Lin Bufan, it was nothing special; ATV's market value wasn't that high.

It's just a launch event, nothing important.

"Alright, we're about to start filming the next scene. There's nothing important. If anyone calls, just tell them I'm busy."

As Lin Bufan spoke, he handed the phone to Zhang Tianai.

"Yes, boss!"

Zhang Tianai responded and turned to leave.

……

"Mr. Wang, what did Mr. Lin say?"

In the president's office of ATV, Wei Ran and Liu Lanchang both looked at Ricky Wong.

Lin Bufan can be indifferent to ATV, but they can't.

They're counting on ATV to turn things around.

ATV has never fought such a wealthy battle before, and Lin Bufan has never restricted them in terms of funding.

Especially after the establishment of the news department, money was spent like water.

Of course, the flow of funds to the financial sector is definitely subject to regulation; they can't just spend money however they want.

Currently, ATV has sent teams to various major countries and cities around the world.

The international news channel has also reached its launch date.

Mr. Lin said everything is proceeding according to plan!

After hanging up the phone, Wang Weiji looked at Wei Ran and Liu Lanchang.

Since Ricky Wong took the helm at ATV, nearly 35% of ATV's original staff have been dismissed, many of whom were mid-to-senior level leaders who were simply holding positions without performing their duties.

Having fired so many people, Ricky Wong now has a nickname: Cold-Blooded King.

However, precisely because of this, ATV is now able to operate with a lighter burden.

Without so many useless constraints, and with their finances in good health, they don't need to compete with TVB for viewership ratings in Hong Kong.

ATV now has only one goal: its market is the whole of Asia and even the whole world.

Furthermore, it established itself as a news channel, and as for dramas, it directly purchased dramas already filmed in mainland China for broadcast.

Because there are significant differences between mainland China and Hong Kong, it's unnecessary to buy the first broadcast rights for TV dramas; instead, it's only necessary to buy the rights for second or third-run broadcasts, which is cheaper.

Furthermore, all of them have passed the first round of certification and are considered classic TV series.