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Chapter 214 Participation in Investment_1

Chapter 214: Chapter 214 Participation in Investment_1

"I don’t think it’s high," Wang Xiaocong shook his head, "When we acquired the rights before, we were paying dirt cheap prices. Within a single day today, the price has risen over tenfold. A thirty-odd fold increase is quite normal. Those premium film and television rights have soared by more than fifty times, easily climbing to a hundredfold."

Zhou Chengyu laughed, "Mr. Wan, now that we hold the power to set prices, we need to move in unison to make a hefty profit. After all, those video websites basically all have big backers, they’ve got plenty of money. If we don’t make money off of them, then whose money should we make?"

Wan Pengfei nodded, "Alright, if everyone feels this way, then let’s wait until it increases to that level before we sell."

After three rounds of drink and a variety of dishes...

"By the way, Shen Dong, you mentioned yesterday that you were in Sha City. Were you there for a project investment?" Zhou Chengyu asked.

"Yes, I went to Sha City to conduct some inspections," Shen Dong smiled.

Hearing this, all three men were visibly energized.

Wang Xiaocong quickly asked, "Shen Dong, can we participate too?"

Shen Dong smiled, "You can participate, it’s just that I wonder if you’re willing to get involved."

Without hesitation, Wang Xiaocong responded, "As long as it’s a project you’re eyeing, I’m in for investment."

Zhou Chengyu and Wan Pengfei followed suit, "I’ll invest as well."

All three expressed their willingness to invest without even asking what the project was about.

It’s mainly because they had tasted the sweetness from their recent investment in acquiring copyright companies.

"Shen Dong, tell us, what kind of project is it?" Wang Xiaocong asked.

After all, they still needed to know a bit about what the project was.

"I went to Sha City to look into a chicken farming enterprise. I think it’s a worthy investment," Shen Dong said.

"Chicken farming enterprise? Due to last year’s avian flu, the prices of chicken meat and eggs have been high. Last year I even made a bit on trading egg futures," Wang Xiaocong chimed in.

"Right, I also traded egg futures last year. I think this enterprise has promising growth potential. Currently, it’s mid-ranking in the industry but has the prospects to rise to the top," Shen Dong said.

"Since you’re optimistic about it, I have nothing else to say. I’m in for the investment. How much investment quota can you give me?" Wang Xiaocong asked.

"I’ll invest too," Zhou Chengyu and Wan Pengfei promptly added.

"Here’s the situation: the enterprise is looking to raise five hundred million, I’m personally investing two hundred million, and there are three hundred million up for grabs. If you guys want to divide that up among yourselves, I have no objections. If it’s not fully subscribed, I’ll seek other investors," Shen Dong explained.

"I’ll take one hundred million quota!" Wang Xiaocong immediately declared.

One has to admit, Wang Xiaocong indeed had deep pockets, outright claiming a sizable target.

"Shen Dong, I need to go back and do some calculations before I know how much I can invest. Can I let you know tomorrow?" Zhou Chengyu hesitated.

Having recently invested in the copyright company, his current liquidity was indeed not abundant.

He needed to return and crunch the numbers to give a definite amount.

"That’s fine," Shen Dong nodded.

"I’m in the same boat. I need to go back and figure out how much to invest. I’ll let you know tomorrow too," Wan Pengfei said with a wry smile.

"Alright, no problem," Shen Dong nodded.

The next day, Zhou Chengyu and Wan Pengfei reported their investment amounts: Zhou Chengyu would invest sixty million and Wan Pengfei forty million. Together, they accounted for one hundred million, leaving another one hundred million.

This one hundred million needed new investors.

Who to look for?

Shen Dong pondered.

While he was mulling it over, his phone began to ring.

He checked it and saw it was a call from Zhu Zhiyong, the boss of Jiahua Film and Television.

"Mr. Zhu," Shen Dong answered the call.

"Mr. Shen, you’ve become quite the hotshot. YouKu Video wants to collaborate with you for film and television rights. Their boss even called me," Zhu Zhiyong laughed heartily.

Many pirated video websites were shut down yesterday.

Yesterday, the price of rights surged yet again, reaching a thirtyfold increase.

All the major website bosses were acquiring rights, but Lixing Copyright Company and Dongsheng Copyright Company, the holders of most film and television rights, had no intention to sell.

YouKu Video’s boss learned that Zhu Zhiyong had connections to Shen Dong, with the two having previously cooperated. Jiahua Film and Television’s stars and Dongyan Guild’s streamers had joined forces to sell goods via livestream.

The two also had collectively invested in director Xu Zheng’s new movie "I Am Not a Pharmacist."

YouKu Video’s boss, having a decent relationship with Zhu Zhiyong, dialed him up, asking Zhu to help get in touch with Shen Dong.

Consequently, Zhu Zhiyong made the call.

Thinking back on how he handed over the rights to "The Battle Tiger" and "The Battle Tiger 2" to Shen Dong, Zhu Zhiyong felt a pang of regret.

He had acquired the rights to both films for five million from Wu Jin.

"The Battle Tiger 2" was not yet produced, so let’s set that aside for now.

But the rights to "The Battle Tiger," given the current market situation, could easily fetch over twenty million.

It was truly a colossal loss.

"Mr. Zhu, thank you for giving me the rights to ’The Battle Tiger’ and ’The Battle Tiger 2’ before," Shen Dong said with a laugh.

"No need to thank me, it was the least I could do," Zhu Zhiyong replied, feigning nonchalance.

What’s done is done, no point in discussing it any further.

"Mr. Zhu, did you call to be a go-between?" Shen Dong asked.

"Not exactly, I just couldn’t save face by not making this call, but I know you’re sitting on a pile of film and television rights. With the prices still climbing, I’m sure you’re not going to sell so readily. I just can’t bring myself to ask," Zhu Zhiyong said.

"You’re a wise man, Mr. Zhu," Shen Dong complimented with a smile.

"I heard from Mr. Wang that you guys are planning to invest in a chicken farming enterprise?" Zhu Zhiyong said, revealing the real reason for his call.

He had a high regard for Shen Dong’s judgment.

Today, he happened to meet Wang Xiaocong at the airport, and during their conversation, Wang mentioned this affair.

He knew Zhou Chengyu and Wan Pengfei were only taking up one hundred million in quota, leaving another hundred million available.

Wang Xiaocong told Zhu Zhiyong, if he wanted to invest, to contact Shen Dong.

Moreover, Zhu Zhiyong wanted to use this investment to further cement his relationship with Shen Dong.

Only then would he possibly be included in future projects that Shen Dong embarked on.

Having just received a call from YouKu Video’s boss, he took the opportunity to discuss both matters.

"Mr. Zhu, are you interested in investing?" Shen Dong raised an eyebrow.

"Yes, Mr. Shen, I greatly admire your foresight. I believe that any project you invest in is bound to make money. If possible, I hope to be part of it," Zhu Zhiyong said.

"No problem, I still have one hundred million in quota. How much would you like to invest?" Shen Dong inquired.

Zhu Zhiyong asked for some details, since Wang Xiaocong hadn’t told him the specifics.

After receiving the information, Zhu Zhiyong considered his own situation and decided to invest thirty million.

The call ended.

Shen Dong went back to pondering potential investors.

At that moment, he received a call.

It was from Qiu Mingzhe, the manager of Xinuo Investment.

He said he heard from Zhou Chengyu about a project that Shen Dong was involved in and expressed his willingness to invest.

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