I Know Everything - Chapter 429
Chapter 429: Making a fortune together.
Chen Huan got 50 million from Han Dong’er and on top of Bu Yiyi’s who also invested 50 million, the two girls accounted for 100 million.
Chen Huan also had much more money now than when he donated that 100 million a month ago.
‘Miracle in Cell No.7’ stopped screening and the total box office was 4.05 billion Yuan, of which 850 million came from China. It broke China’s box office record of 800 million and 2.8 global box office of ‘Death Trap’ from Chen Hao to become the highest grossing movie of China.
The 4.05 billion in the box office surpassed the previous record by more than one billion yuan!
Shanhai Streaming could be said to have reaped plenty of benefits this time.
Compared to ‘Love Letter’ when they lost money even though it made a lot of money, they made a profit with ‘Miracle in Cell No.7’ even though the production cost and advertisement cost was very high.
Earning money was secondary to the princess.
The most important thing was the renown as nobody dared to ignore Shanhai Streaming anymore.
Shanhai Streaming was an emerging giant in the movie industry.
Those celebrities wouldn’t regard Shanhai Streaming as an upstart anymore and wouldn’t ask for a big price and give an attitude.
They made the number one box office movie and also won the Golden Lion once for the best actor, twice for the best actress and another one for the best director. In the entire movie industry, how many were better than them?
Such a company was already qualified to gain a firm foothold in the industry, thus gaining sufficient respect.
It was quite funny.
When companies with tens of billions in assets invested in the film industry, those movie companies with barely a few billion in valuation would actually look down on them.
It was just like in Hollywood where those Wall Street hundreds of billion in valuation companies wanted to invest in but those in Hollywood would use all types of schemes against them.
People who weren’t in the circle would receive that kind of derision and isolation.
With qualification like that, it wasn’t difficult for Shanhai Streaming to achieve something in the film industry.
It would greatly benefit Shanhai Streaming’s expansion plan.
Shining Technology had been a video streaming platform for many years and they also started to make their own TV shows but they hadn’t been able to integrate into the industry.
It had been less than five years since Shanhai Streaming started in the industry but they overtook them, which was a face slap to Shining Technology.
So the princess was very happy.
Once she was happy, money would be sent out.
It was said that the little princess from the Yang family and the princess from the Zheng were both generous people as they didn’t put importance in money and used money like a resource for their business.
Anyways, with 10% of the profit, Chen Huan and Zhu Mei’s team each received 150 million Yuan.
The leading actors Guo Hang and Yang Shu each received 20 million and the other main actors also received a few millions.
After those expenses, the profit from the movie was fully used and they even had to fork out some money.
However, there was still the profit from DVDs, TV copyright etc… it was all long term profit.
So the money available for Chen Huan to invest increased to 200 million.
The remaining tens of millions were used as reserves to donate at any time to get rewards from the Good Lord.
He also thought about his friends when there were good opportunities as he asked if Zhu Mei wanted to join in.
It also happened that Zhu Mei had received a large sum of money and didn’t know how to use it.
Zhu Mei, Ding Lun, Shi Liyou and the others members discussed it and in addition to Guo Hang, Chen Qian and even Yang Shu’s parents also boldly invested in it, they all pooled 100 million yuan together to invest in Yongxing Supermarket.
The Comeback also pooled 100 million.
Amid that, Shui Qingshan would give out 50 million while Zhang Kun, Li Xinyi and Lei Daxuan would total 50 million.
Reserving tickets in 15 concerts was 30 million and they also took a lot from the revenue they received for the album.
The three of them still lacked a bit but Shui Qingshan would advance the money for them and they could pay back later when they had the money.
That was how Chen Huan took 500 million with an account especially set up to invest in the Zhang Family.
Then he met Zhang Duocai and Zhang Yaya again at their home.
Actually, Zhang Duocai already talked to Chen Huan multiple times about the plan.
Otherwise it would be impossible to convince those wealthy families if he himself didn’t understand the plan.
It was because he heard the detailed model and the various prospects that could be drawn from it from Chen Huan that he was able to convince those wealthy families.
As Zhang Duocai explained the plans, he also became more and more aware of how great Chen Huan’s plans were.
So Zhang Duocai showed more and more respect to Chen Huan.
He would call Chen Huan “Teacher Chen” when he saw him now.
Chen Huan had been called “Teacher Lu”, “Teacher Chu” and also “Teacher Chen” but it was when he was tutoring students.
It was the first time due to the respect for his business talent.
“It’s mostly settled now.” After the maid served the tea, Zhang Duocai said to Chen Huan, “The 10 families from your classmates in Virtuous Middle School added for 1.5 billion and with 500 million from your side, it would be 2 billion yuan.”
“This is how we calculate it, our Zhang family’s business, contacts and team are worth 5 billion in total and we will invest another 1 billion in liquid into it, totaling 8 billion in equity now.”
“If it develops well in the future, then we would deduce 2% shares from our family’s side and reward Teacher Chen to thank you for the business idea.”
“No need.” Chen Huan shook his head, “I came up with this plan because Qianyu wanted to help Zhang Yaya, not because of the money.”
“No, you can’t say that.” Zhang Duocai said, “A plan like this, you will at least a billion for it if you went to Wal-Mart or Carrefour. However, Teacher Chen gave it to us so if we don’t give any economic compensation, wouldn’t it seem that we don’t take the wisdom and wealth bought seriously? Can a company like that last?”
Zhang Duocai was smart and generous.
He wouldn’t just simply think that Chen Huan was willing to help them just because of the little girl’s request.
Nothing was given without reason.
Since Chen Huan could make their family’s business rise back from the dead, he was obviously happy to give the 2% shares.
After all, Zhang Duocai was farsighted.
The supermarkets industry had prospects and that it was possible they would rise from the dead.
But what if they encountered a problem they couldn’t solve during the development?
If he was an ass and didn’t give anything to the other party when they helped out so much, who was he going to rely on giving him advice?
How much impact would it be on Zhang Duocai’s reputation if it spread out?
This wasn’t something that could be wiped off with merely 2% shares!
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