Chapter 301: The Premium Gap of Dingsheng Capital(1/2)
Chapter 301 Dingsheng Capital comes to visit, the premium gap
In terms of animated films, Fang Xing started planning two years ago.
"Spirited Away" produced by Liang Jing Animation Studio is 80% complete, and the rest is the modification of details.
The script of this animated film was given by Fang Xing.
Liang Jing was originally responsible for animation production and directing, but every time there was a movie viewing meeting, Fang Xing basically had the final say.
Fang Xing felt dissatisfied with something, so he directly asked Liang Jing to modify it.
Liang Jing liked this story very much. As the animated film was constructed from the palm of his hand, stroke by stroke, his enthusiasm not only did not diminish, but became more and more excited.
This story is the feeling he wanted from the beginning.
However, Fang Xing's requirements are very strict.
If Liang Jing Studio were to follow Liang Jing Studio's speed, it would actually take two years to complete the animated film. However, Fang Xing had very high requirements and would ask for rework if he was not satisfied with anything at all.
Gradually, Fang Xing became not only the producer of "Spirited Away", but also shouldered part of the director's work.
…
This morning.
Fang Xing is watching the latest revised version of "Spirited Away" with Liang Jing.
Halfway through, Qiao Yinghong came in and whispered in her ear: "Boss, someone from Dingsheng Capital is here. Do you want to see him?"
"How many people are here?" Fang Xing frowned.
"The complete investment team came and said they wanted to discuss investment matters." Qiao Yinghong replied.
Fang Xing was not interested in Dingsheng Capital's investment.
However, since everyone from Dingsheng Capital has come to the company, it would be better to meet them and find out what they want to do.
"Put them in the conference room." After Fang Xing finished speaking, he continued to watch the twelfth director's cut of "Spirited Away".
Qiao Yinghong went out and arranged for the Dingsheng Capital team to wait in the conference room.
The director's cut of the animated movie is relatively long, and by the time Fang Xing finished watching it, almost an hour had passed.
"The scene where Xiao Bailong and Qianxun are sleeping needs to be quieter and needs a bird's-eye view..."
Fang Xing gestured with the movement of the camera with his hands and made new requests.
"Okay, is there anything else?" Liang Jing was very serious and quickly recorded it on his mobile phone.
Fang Xing talked for another half an hour before ending the movie viewing session.
After sending Liang Jing away, Fang Xingcai came to the conference room.
The people from Dingsheng Capital have been waiting for an hour and a half and are already impatient.
Although Qiao Yinghong has been keeping company in the conference room, the main person is not here, so no progress has been made in the conversation.
See Fang Xing come in.
Qiao Yinghong stood up and introduced: "Boss, this is Miao Dingfang, vice president of Dingsheng Capital, and this is Feng Yunbin, financial analyst of Dingsheng Capital."
Miao Dingfang stood up and prepared to shake hands.
Fang Xing sat down directly and pressed his hands: "Please sit down."
After sitting down, the assistant to the president next to him whispered in Fang Xing's ear: "This middle-aged man is Miao Dingfang, the vice president of Dingsheng Capital. The younger man, Feng Yunbin, is the son of the big boss of Dingsheng Capital. He just left the company not long ago.
Come back after studying MBA abroad."
"Sorry for keeping you waiting for so long." Fang Xing said politely in a normal tone.
This sentence seemed to be an apology, but the tone did not mean anything like it.
Miao Dingfang laughed and said, "Mr. Fang is a very busy man. If I can see Mr. Fang, I won't wait in vain today. Last week, I gave you the investment plan for your company. Did Mr. Fang read it?"
"
Fang Xing smiled and nodded, giving a thumbs up and said, "I've seen it, it's a great plan. If it succeeds, the rate of return will definitely be amazing."
Miao Dingfang was stunned for a moment after hearing this.
Because this sentence always sounds a little strange, like a compliment, but also a bit weird.
Although Miao Dingfang is the vice president of Dingsheng Capital, there is a son of Dingsheng Capital next to him. It is obvious that Feng Yunbin is in charge.
Fang Xing glanced at Feng Yunbin and asked, "Who came up with the idea of investing in Ark Culture?"
Feng Yunbin smiled, sat up straighter and replied: "It was my idea. I think Ark Culture has great potential."
While he was speaking, the assistant behind him began to distribute investment plans, and everyone present had a copy.
Fang Xing picked up the plan, took a look at it, put it down and said, "But my company is not short of funds. It doesn't seem to be in great need of investment."
Miao Dingfang showed an expected smile on his face and said: "Mr. Fang, investment is not just about capital. When we do projects, for new companies, we will send a team to help the new company establish a complete company structure.
, and also provide many external resources to help the company develop.”
"What about?" Fang Xing's expression almost said "not interested" written on his face.
Miao Dingfang has invested in many projects and met various entrepreneurs, so the attitude shown by Fang Xing was not surprising at all.
There are many arrogant entrepreneurs, and a slap in the face can usually make them correct their attitude.
Miao Dingfang curled up his lips and said: "For example, dealing with some related department affairs, taxation, radio and television, and many other aspects. I believe Mr. Fang understands the truth."
When Fang Xing heard this, he finally knew the purpose of the other party's visit today.
Only two days ago, someone came to check the tax. Today, Dingsheng Capital came over and took the initiative to mention the tax.
The meaning of this sentence is very simple.
Dingsheng Capital is here to demonstrate its capabilities and force Ark Culture to accept investment.
Fang Xing originally thought that the other party was using a dirty trick in secret, but he didn't expect that it was a dirty trick and came directly to rob him.
"I understand what you mean. When it comes to business, we can negotiate, but the transaction must still adhere to the principle of fairness. Do you think the value of what you gave us is high enough?" Fang Xing glanced at the two of them with a half-smile.
Miao Dingfang opened the investment plan in front of him: "If Mr. Fang has any objections to the investment amount, we can discuss this and I will definitely satisfy you."
Fang Xing shook his head and smiled: "I'm very sure that you can't afford my psychological price."
Miao Dingfang felt that this was a price negotiation, and then said: "Mr. Fang, you can tell me how much investment is needed to make you excited."
He thought that if Fang Xing wanted to ask for a high price, then he could just pay the money back.
However, Fang Xing shook his head and smiled, but did not mention the number.
Because Fang Xing knew very well that it was impossible for the other party to give him a figure that satisfied him.
The investment amount of Dingsheng Capital in the plan is 100 million, and it will acquire 40% of the shares of Ark Culture.
This price is hundreds or thousands of times different from the number that would make Fang Xing's heart beat.
Dingsheng Capital will never agree with this psychological price.
Fang Xing knew from the beginning that Dingsheng Capital could not afford the right price.
Even if he could afford it, Fang Xing didn't want to cooperate with Dingsheng Capital.
"Forget it, this investment can't be negotiated. Besides, we have different philosophies. Go back and tell your big boss that if you want to check the taxes, just do it. If there are really problems, you can even ask my company to close down." Fang
Xing shook his head and felt there was no need to waste time with them.
Feng Yunbin on the side frowned and said aloud: "I did the valuation of Ark Culture. There is indeed no premium for the 100 million investment.
"But I am optimistic about your company. I can tell you directly that the investment limit set by the company's board of directors is 200 million, 40% of the shares.
"However, I am different. I pay more attention to my vision. As long as you agree, I can go back and negotiate to increase the investment amount to 300 million, 40% of the shares, and promise not to participate in the company's operations.
"Not only that, as long as you agree, Dingsheng Capital will invest in Ark Culture to shoot an S-class film and television drama every year for the next three years.
"These are my commitments. I haven't discussed them with the board of directors yet, but I promise we can negotiate them as long as you nod."
After hearing Feng Yunbin's words, Fang Xing was a little surprised. He didn't expect that this young master from a prosperous capital company was quite courageous.
If we only talk about numbers.
The current valuation of Ark Culture is indeed not high.
Feng Yunbin directly promised to invest 300 million, only taking 40% of the shares, and not participating in the company's operations.
This is equivalent to three times the direct premium. If he were not the young master of Dingsheng Capital, he would not dare to say such a thing.
If this company belonged not to Fang Xing, but to any other entrepreneur, I would be extremely grateful.
Unfortunately.
The Ark culture in Fang Xing's heart and the Ark culture in the eyes of others are completely different concepts.
Therefore, Fang Xing's valuation of Ark Culture requires a premium of hundreds or thousands of times, and even if someone is really willing to pay such a large premium, Fang Xing does not want to sell.
Feng Yunbin promised a triple premium and promised to invest in an S-level film and television drama project every year.
With this kind of courage, other film and television companies would have agreed long ago.
To be continued...