Rebirth 1990: The beginning is sweet and cool Bai Yueguang

"Mr. Xiang, have you paid attention to the mainland film and television market recently?"

Chen Chuan tapped the sandalwood tabletop with his fingertips and suddenly changed the subject: "How much do you know about the business layout of the Bai Group?"

The crisp metallic sound of a lighter came from the receiver. While Xiang Huaqiang was puffing out smoke, he keenly caught the deep meaning of the other party's words:

"The Bai family has deep roots in southern Fujian. If Mr. Zhou needs an introduction..."

"On the contrary."

Chen Chuan interrupted, his eyes sweeping across the picture of Hong Kong Island's night scene on the wall: "I heard that the third son of the Bai family is contacting Yongsheng Pictures and wants to cooperate in developing a cinema project?"

"Not yet."

Zhou Qi picked up the teacup and took a sip: "But to be on the safe side, I would like to ask Dong for help."

The air in the living room stagnated for a few seconds.

Xiang Huaqiang tapped the cigar in his hand lightly on the edge of the ashtray.

He had long heard about the Bai family's background in the mainland, and it was an unspoken rule that each family acted independently across the Hong Kong River.

If it were someone else, he would have served tea and sent the guest away by now, but the young man in front of him was different. Except for the Fok family, the other three of the four major wealthy families in Hong Kong Island have in-depth cooperation with Zhou Qi, which is enough to stir up waves in the business circle.

"Mr. Zhou, why don't you elaborate?"

Xiang Huaqiang put the cigar between his teeth again, and the smoke hid the thoughts in his eyes.

He left some room for maneuver, neither saying death nor agreeing.

Zhou Qi leaned forward with understanding: "The approval document for the cross-sea project on the north and south banks of Guangdong Province happened to fall on the port-side plot under my name. Among the developers on the north bank is Dinghua Real Estate, and the owner behind it is the Bai family."

Seeing Xiang Huaqiang's eyebrows twitching slightly, Zhou Qi took advantage of the situation and said:

"To be honest with Mr. Xiang, the Zheng, Bao and Li families have all invested in this project. After completion, it will not only be a new economic hub in South China, but also provide film and television cultural facilities..."

He deliberately emphasized the last few words: "I heard that Director Xiang is planning to shoot a sequel to "Yuelongmen Inn" recently?"

Xiang Huaqiang paused with his hand holding the cigar.

He noticed that the young man suddenly changed the subject - jumping from cross-sea engineering to the film and television industry. The turn was strange but precise.

The data that the number of screens in mainland China increased by 30% last year flashed through my mind, and my body, which had been lazily leaning back, unconsciously straightened up a little.

"Mr. Zhou is also interested in the layout of the theater chain?"

Cigarette ash fell on his custom-made suit, but Xiang Huaqiang seemed unaware.

He suddenly realized that this meeting, seemingly for help, actually hid a bigger chess game.

Zhou Qi pushed the project book across the mahogany table: "The North Shore Commercial Complex has planned twelve IMAX theaters. If Xiang Dong's Yongsheng Pictures is willing to move in..."

His fingertips lightly tapped the theater cooperation terms: "It can avoid direct conflict with the Bai family and open up the mainland market. It's a win-win situation."

"Mr. Xiang, we might as well discuss a strategic equity swap plan."

Zhou Qi tapped the diagram on the desktop and said, "I plan to join forces with Huanya, Reno, and Huayi to sell 20% of their shares in exchange for Xiang Group's 20% stake and 40% of the equity in future cinema projects."

Xiang Huaqiang examined the equity structure diagram and said thoughtfully:

"According to the current valuation, the 40% equity interest of your three companies far exceeds the market value of our 20% equity interest. Especially with Ruinuo Media's leading position in the mainland entertainment market..."

He suddenly realized something and looked at the theater planning section.

"The construction of a cinema chain requires a professional operation team and license resources, which is Xiang's core competitiveness."

Zhou Qi pulled up Huanya's recent financial curve:

"Since taking over Huanya, we have achieved a 287% increase in market value through Stephen Chow's film projects, and Zheng Xiuwen's album has driven a 162% increase in artist agency income month-on-month."

Xiang Huaqiang quickly calculated the data in his head: "Mr. Zhou's plan is essentially to bundle the value of mature businesses with emerging sectors.

The stock value of the three companies will be exchanged for Xiang Group’s brand endorsement and priority entry into the incremental market.”

“The key is risk hedging.”

Zhou Qi switched to PPT to show the growth curve of mainland box office: "When the share of Hong Kong-funded cinemas exceeds 35%, we need to jointly deal with policy risks.

The Xiang family’s political and business resources in the Guangdong-Hong Kong-Macao Greater Bay Area are the best protection network.”

Xiang Huaqiang suddenly smiled knowingly: "This equity structure design is quite meaningful. The cross-holding of the three companies can not only avoid the risk of single actual control, but also reserve space for subsequent capital operations.

What Mr. Zhou is really planning is probably to open up the entertainment industry and financial channel between the mainland and Hong Kong Island, right? "

Zhou Qi fixed the laser pen on the structure diagram of the "Entertainment Industry Fund": "Let Dong Mingjian take note.

When the scale of cinema chains exceeds 500, we can use fixed assets as underlying assets for issuance;

By then, Xiang will not only be able to enjoy operating profits, but also obtain excess returns in the capital market.”

This belated dialogue has always lacked the right opportunity.

Zhou Qi is well aware of the rules of the business world - rashly mentioning equity swaps is likely to arouse the other party's vigilance;

Now, with the momentum of the North Shore project, the community of interests formed by the joint investment of the three major consortiums in Hong Kong and City is like a carefully laid stepping stone for negotiations.

When Zhou Qi put forward the equity swap plan, there was a brief silence on the other end of the phone.

Xiang Huaqiang stared at the night view of Victoria Harbour outside the floor-to-ceiling window, his knuckles tapping unconsciously on the mahogany table top.

This proposal contains both practical benefits and long-term planning:

The equity bond not only enables instant sharing of the resource pools of the three giants, but more importantly, lays a strategic foundation for future entry into the real estate industry.

"What kind of cooperation does the Bai family need from me?" Xiang Huaqiang finally broke the silence and went straight to the core of the problem.

“Maintaining the status quo is the best cooperation.”

Zhou Qi responded easily: "When the cooperation framework is made public, the Bai family will naturally re-evaluate the risk factor."

He took the opportunity to throw out the key arrangement: "During the project signing ceremony, please come to Guangdong Province for an on-site inspection. The planning scheme of the core land on the north bank needs your personal inspection."

This plan made Xiang Huaqiang smile knowingly.

There is no need for businessmen to be hypocritical. The precise alignment of the interest chain is better than thousands of promises.

After hanging up the phone, Zhou Qi looked at the real estate planning map spread out on his desk. The winding coastline of the North Shore turned into a vein of capital flow in his eyes.

The temporary surrender of interests is actually a strategic positioning - by weaving this multi-party interest network, it can both avoid policy risks and build a moat.

When Li Zihong's overseas call came in, Zhou Qi switched to a more casual tone: "Uncle Li, the North Shore cake is big enough, but the knife and fork to divide the cake need everyone to work together."

He skillfully transformed official policy orientation into business opportunities: "The signing ceremony is not only a procedure, but also a stage to show muscles to certain forces."

A hearty laugh came from the other end of the phone: "You kid, are you going to turn Guang Province into a parade ground for capital?"

Li Zihong immediately understood the deep meaning: "Okay, let Jiaxin lead the team first, and I will personally go to the scene to take charge at the critical moment."

Among many development plans, the Bai family has always targeted core high-quality plots of land.

When the signing ceremony approaches, faced with the gathering of all the business leaders in Hong Kong, what choice will the Bai Group make?