Su City, Lingjing Media.
"Mr. Tang, what you just saw is our company's artist department. I wonder if there is anything else you would like to know about our company?"
The general manager of Lingjing Media, Song Bin, showed a professional smile that was neither warm nor indifferent.
Although this Mr. Tang Yijing from the opposite side comes from the world financial giant Gao Sheng Group, these days, the investors coming and going are all well-known figures, aren't they?
Due to the great success in the investment of "Pegasus", Lingjing Media now has gained some recognition in the industry.
Together with being a subsidiary under Gao Yuan, Baiyeji's AIGC popularity plus entertainment media has given people great imagination for growth.
Since Gao Yuan released the intention for financing, several groups of angel investors have come for evaluation.
But the conditions offered were either too harsh, or the price did not meet Gao Yuan's expectations, resulting in no success.
Gao Sheng is considered one of the more prominent investors among them.
But it's just relatively prominent.
Gao Yuan only gave instructions for "routine processing," so he certainly won't be treated specially.
"Hmm... it's clear that your company's various affairs are well-organized. Manager Song truly deserves to be a veteran in the industry, and Chairman Gao truly has an eye for talent."
"Haha! Mr. Tang, you are indeed flattering me."
Everyone lifts the sedan; Song Bin naturally would not truly consider himself exceptional when being praised like this by the other party.
Recalling the changes during this period, even Song Bin couldn't help but feel life's uncertainties, truly a case of blessing in disguise.
To think that when he first started his business, he founded May Film and Television Media.
More than twenty brothers, seven or eight guns, had to smile and nod at just a regular investor, exerting efforts but still ending up bankrupt and acquired.
Who would have thought in just a few months, he would transform from an obscure figure to someone pursued by top-tier investors?
The reason these investors are so courteous to him is certainly not because Song Bin is exceptionally capable, but entirely because he is backed by Wanwu Holding, a colossal tree...
Although the "child" changed its surname, being sent to a wealthy family… does this also count as status through offspring?
Starting up a business is no longer possible, isn't working more appealing?
"By the way, Manager Song, I heard that your company recently established a gaming department. Why didn't I see the office area for this department?"
Tang Yijing scanned around, pretending to ask casually.
Song Bin inwardly chuckled, saying to himself that the old man indeed came for this...
Since Hu Yifei announced at the press conference that the game's map for "Heart of Destruction" was generated using AI technology on a scale of virtual reality, numerous industry insiders have become very interested in their gaming department.
So much so that even though not a single game has been released yet, Lingjing Media has already gained some heat in the gaming circle.
It turns out top investment banks like Gao Sheng are aware of the hidden business opportunities...
"I'm sorry, Mr. Tang, the current game development is still in the early confidential stage, so the gaming department downstairs is temporarily closed to external access."
"This..." Tang Yijing looked rather perplexed.
"Manager Song, you also know that large-scale game productions generally require significant investment, and even if it's just a regular AAA, the required funding is no small sum.
If we can't determine the specific expected investment and output of this department, we might find it difficult to conduct an overall evaluation of your company's existing assets.
And investment, therefore, can't be discussed?"
"Hmm! Mr. Tang, you are quite right..." Song Bin seemed to nod in agreement.
Tang Yijing smiled, yet just when he thought he had convinced the other party, Song Bin left him awkwardly grounded with a single phrase.
"However, the decision from above is something I'm helpless about. Mr. Tang, perhaps you could wait until the game development is completed, confirm the risks, and then decide whether to invest."
Tang Yijing: "..."
Tang Yijing: "###"
Wait until the game development is finished?
Can I just choose to come today with this damn wait?
Before coming, he naturally investigated the detailed information of this company.
Previously May Film and Television Media, poorly operating and on the brink of bankruptcy, was acquired by Gao Yuan for a full amount of 500,000 and received an injection of 200 million.
Currently, the only signed artist is Duan Xiaoxian.
The only invested work is "Pegasus".
The documentation of this nearly destitute company, with a signed artist who's almost an unknown newcomer singer…
It doesn't even compare with the media giants in the industry; even a slightly decent film and television media company can surpass it in the richness of the introduction listing.
Even though the investment return rate of the first work is noteworthy, in the eyes of a professional like Tang Yijing, this company has virtually no investment value.
After all, movie investments are highly incidental; this successful work, the next one might just flop.
A single successful example does not prove anything.
What Tang Yijing truly valued, however, is precisely the game "Heart of Destruction" briefly mentioned by Hu Yifei at the press conference!
According to Hu Yifei, the game's map modeling not only utilizes their AI content generation technology but also extensively applies automated programming.
It is even hailed as the first step towards the digitization and virtualization of the world...
Even if there is exaggeration in it, by deeply understanding the investment and specific production effects of this game, it's enough to analyze how far Baiyeji's AI technology has progressed.
But the problem is...
Now they won't even let you in the door...
How can you analyze anything then?
However... The more mysterious the game is, the more he feels there might be a significant story behind it.
So even though he couldn't get in touch with the game department, Tang Yijing still felt a bit frustrated and started calculating in his mind.
Judging from Lingjing Media's current asset status and the box office performance of "Pegasus," the initial 200 million investment by Gao Yuan should double its return without any issues.
However, box office earnings take time to flow back, and can't be reinvested into the costly game development in the short term.
Recalling Gao Yuan's highly leveraged financial strategy, this is probably why she chose to finance this company separately as a crucial reason.
Hmm... Plus the barely noticeable so-called artist department.
Even if evaluated optimistically, Lingjing Media's net assets currently won't exceed 500 million.
But considering the special technical premium of the game department, and the subsequent core company share plans...
Tang Yijing gritted his teeth, prepared to offer an astronomical valuation of 1 billion to first acquire 20% of their shares.
Remember, their initial acquisition cost for May Film and Television Media was only 500,000, plus the 200 million investment.
Coming in and going out, they directly made nearly 5 times the profit!
This price, even Gao Yuan will surely be tempted, right?
Just as he was thinking this, the receptionist suddenly led in an old and a young person, and he felt a gust of wind pass by.
Manager Song, who just had a lukewarm attitude towards him, suddenly ran over to the elderly gentleman dressed in traditional Chinese attire, eagerly reaching out to shake his hand vigorously.
"Ah, you must be Elder Yan Feng, here for the investment inspection today, right?
Nice to meet you, I'm Song Bin, the general manager of Lingjing Media, you can call me Xiao Song.
Chairman Gao has already instructed me to make sure to treat you, our honored guest, very well.
By the way, have you eaten yet? Would you like to eat first or... Oh, inspection first? Sure, no problem.
Where would you like to go first, to visit our film media department or take a stroll down to the game department?"
Tang Yijing: "..."
All investors, but such a difference in treatment!
To his surprise, the older man frowned and showed a face full of disdain.
"Game department? Aren't you making movies? Why is there a game department? This is too unserious!"
He even softly muttered a few complaints like "The brat is indeed unreliable~" "This is deceitful~"
Song Bin was also taken aback by this "unserious" comment, but faced with the investor, he forced a very social smile.
"Elder gives the right guidance, we still have a lot to improve, really need advice from experienced elders like you, haha! Please, this way~"
Passing by Tang Yijing's side, this top-notch worker, who considers himself impeccable in demeanor and patience, couldn't help but show a face full of dissatisfaction, suppressing anger as he questioned.
"Manager Song, didn't you just say that the game department is still in the confidential stage, and outsiders can't visit?"
Song Bin hesitated for a moment, revealing an unusual smile.
"Uh... Mr. Tang may have misunderstood, Elder Yan is not an outsider, he is our newly emerged second-largest shareholder, naturally, he can visit freely."
What?
Second-largest shareholder?
Tang Yijing was stunned.
Looking at the old gentleman glancing around with a curious expression, Tang Yijing had a series of question marks pop up in his mind.
"Wait a moment, didn't your company say in the materials earlier that there were no other shareholders?"
Song Bin chuckled.
"You also mentioned, those were earlier materials. To tell you the truth, Elder Yan's funds just arrived yesterday, hence we haven't had time to update the materials.
And here's Elder Yan coming specifically for the on-site inspection today."
Oh~ So that's it~
Tang Yijing was relieved but soon stunned again.
What did you say just now?
Come specifically for inspection today?
But the funds were in place yesterday...
Tang Yijing clutched his forehead.
Wait! My timeline is a bit messy.
With extremely solid professional knowledge, common venture capital such as "seed investment," "introductory capital investment," "development capital investment," "risk merger investment"...
He is rich with experience.
But this post-inspection, pre-investment...
What kind of a crazy investment method is this?!
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