My capital is quite large.

Chapter 307 Let's lend him another 200 billion

However, seemingly in response to strong external criticism, a few days later, an internal financial statement about League of Legends for the first two quarters of this year was "accidentally" leaked by Haofeng Technology.

In this unpublished financial report, the most eye-catching data is that in the first two quarters of this year, League of Legends earned a net profit of $10 billion worldwide!

The release of this data plunged the previously noisy public discourse into a deathly silence.

The outside world was suddenly shocked to realize that a top-tier competitive game could be so terrifyingly profitable.

Earning $10 billion in net profit in just six months is something that almost surpasses the imagination of most traditional listed companies.

If Overwatch can truly surpass League of Legends in the future as advertised, wouldn't that mean Tencent could recoup its seemingly exorbitant investment in just one to two years?

Of course, seasoned analysts in the industry know that the two are completely different in nature.

The $10 billion profit of League of Legends is based on the global market, while Tencent only holds the Chinese distribution rights for Overwatch.

Even with strong consumer spending power in China, replicating the global profit success story remains a significant challenge.

However, the market and the public are often blind; they only see the miraculous profit of 10 billion in six months and naturally assume that Tencent has made an extremely profitable deal.

The capital market gave the most direct feedback as public opinion shifted rapidly.

On the day the deal was announced, Tencent's stock price in Hong Kong saw a long-awaited surge, with the single-day increase reaching a new high in recent months.

The surge in market value seems to prove to the outside world that Tencent did not lose out in this battle for the agency rights.

......

In late June, the sun was scorching.

Li Feng returned to Xiapi, which was under the jurisdiction of Xuzhou, after a long absence.

This time, he came to attend the ribbon-cutting ceremony for the in-depth cooperation between Haofeng Film City and local cultural tourism projects.

Today, the Haofeng Film and Television City in Xiapi is no longer just a simple filming base, but has been planned as a pillar of the local cultural tourism industry.

Colorful flags fluttered at the ribbon-cutting ceremony, and crowds thronged the area, with a large number of tourists and local villagers blocking the perimeter.

Amidst enthusiastic applause, Li Feng, dressed in a suit and tie, walked onto the podium.

Looking at the sea of ​​people below the stage and the rows of media cameras with their long lenses and microphones, Li Feng cleared his throat and spoke calmly into the microphone:

"Distinguished leaders, fellow villagers, Xuzhou has been a strategically vital location fought over by military strategists since ancient times..."

As soon as he said it, Li Feng suddenly paused subtly in his mind.

For some reason, as soon as he uttered the words "Xuzhou," the face of Principal Chiang Kai-shek from a classic historical film involuntarily flashed through his mind.

He even blurted out the line, "This place has been a strategic location fought over by military strategists throughout history, and it has been of great importance to our military leaders."

Li Feng chuckled to himself, quickly pulling his wandering thoughts back to the speech in front of him.

He ignored the strange associations in his mind and, following the official line, began to read the prepared script in a serious and methodical manner.

From corporate social responsibility to the call for the wealthy to help the less fortunate, and then to how to boost the local economy, every word and phrase is extremely appropriate.

At the end of his speech, Li Feng put down his prepared remarks and announced another major piece of news with a smile:

"To further give back to our hometown, Haofeng Group will invest additionally in building a large-scale animation theme park outside the film and television city. The park has already obtained official licenses from top international IPs such as 'Bleach,' 'Naruto,' 'One Piece,' 'Dragon Ball,' and 'Ultraman.' We hope that this project can contribute to the cultural tourism industry of our hometown."

After he finished speaking, there was a moment of silence in the audience, followed by thunderous applause.

Several officials from the county and district who were watching the ceremony were beaming with joy. The landing of such a large-scale cultural and tourism project was undoubtedly a significant achievement for them.

Several leaders jogged up to the stage, warmly took Li Feng's hand, and posed for a group photo holding the folded contract for the cultural tourism cooperation project.

……

After the noisy group photos and socializing, Li Feng declined the dinner arranged by the district leaders and, accompanied by the person in charge of the film and television city, began to inspect the base.

After all, he spent hundreds of millions of dollars on the several large-scale real-life sets that were recently completed here, and he had to see their quality with his own eyes.

"Chairman Li, look at this newly completed palace complex in front of you."

The person in charge of the film studio lagged half a step behind Li Feng, pointed to the magnificent red building complex in front of them, and enthusiastically introduced it:

"This main hall was designed with multiple uses in mind from the very beginning. It's perfectly suitable for filming traditional historical dramas; if you change to a set of ethereal soft furnishings and add computer effects in post-production, it can also be used to film fantasy dramas with a high-quality feel. Combined with the command platform, square, military camp, and antique street scenes outside, the crew can basically achieve one-stop filming here, making it absolutely top-notch in terms of cost-effectiveness in the industry."

As Li Feng listened to the report, he nodded slightly, his gaze sweeping over the magnificent architectural lines.

Just as the person in charge was about to continue explaining the details, Zhang Yuxi, who had been silently following behind, stepped forward quietly and whispered something in Li Feng's ear:

"Boss, the $10 billion from Blizzard has been transferred to our designated offshore account."

Li Feng did not stop walking; he simply nodded slightly to indicate that he understood.

Zhang Yuxi paused briefly, then reported in a low voice, "Also, Zhao Zhe, the head of the investment department, just sent a message asking when exactly they plan to launch the privatization agreement with Wanda. Because the amount of money involved is so large, he needs to prepare for fund allocation in advance. Currently, it seems that the group's cash flow is still under considerable pressure."

Li Feng stopped and stood on a high step, looking down at the entire magnificent film and television city.

"How big is the gap?" Li Feng asked casually.

Zhang Yuxi clearly had the data memorized, and answered without hesitation: "We need to acquire 5% of Shin-Etsu Chemical's shares. Based on the current market value and the cost of building a position at a premium, we'll need at least $2 billion, which is about 13 billion RMB. Add to that the 36 billion RMB we've prepared for Wanda, and the total funding requirement is approaching 50 billion RMB."

"Although Blizzard's $1 billion has been received, together with the group's own cash reserves and the revenue from various business segments in June, we have approximately RMB 30 billion in available cash on hand."

Zhang Yuxi looked at Li Feng's profile and said in a serious tone, "After calculation, there is still a shortfall of more than 180 billion."

More than 180 billion is an astronomical figure that would make any company uneasy.

However, after hearing the report, Li Feng showed no sign of worry.

He looked at the rolling ancient-style buildings in front of him, and the vast open space in the distance that had been assigned to Haofeng and was about to be developed into an animation theme park, a thoughtful look flashing in his eyes.

After a moment, Li Feng said calmly to Zhang Yuxi:

"We will use our Haofeng Film and Television City in Xiapi, along with the animation park base and land use rights under construction next door, to create a new subsidiary."

Zhang Yuxi was taken aback, then immediately perked up her ears.

"After the subsidiary was established, it announced the launch of its IPO listing plan."

"Then we went to the provincial capital and used equity pledges plus mortgages on projects under construction."

"Lend them another 200 billion!"