Chapter 1624 Bleeding
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The car sped forward and continued on the landscape avenue. Ye Tianlong didn't know why he was angry.
Logically speaking, although Lei Shijing's lack of understanding would make him angry, he would not be so depressed that he would like to slap Lei Shijing awake.
Ye Tianlong felt that his spirit seemed to have changed, but he couldn't tell what was wrong.
"Ding!"
At this time, Ye Tianlong's mobile phone vibrated. He picked up the Bluetooth headset and put it on, and Bailihua's voice came from:
"Master Ye, you asked people to investigate the matter of Lei Yueting and Lei's Group. I gained something else today."
Bailihua added: "It may be related to the so-called Lei crisis."
Ye Tianlong asked curiously: "Is the Lei family really in crisis?"
Bailihua exhaled a long breath: "Lei's current personnel, operations, and finances are all normal, and the sales of each subsidiary are also normal."
"There are no negative impacts such as wage arrears or product problems. The capital chain is a bit tight on the surface, but it is still far from being cut off."
She added softly: "I even looked at Lei's bank supply and loan relationship, and there is no disparity as expected. The debt ratio is still lower than the industry level."
Ye Tianlong asked aloud: "So normal...then what is your gain? What is the crisis?"
Bailihua chuckled: "Let me tell you a few prerequisites first."
"Lei's has four major businesses, ecology, video, smart cars, and e-commerce. Ten years ago, it invested heavily in vigorously developing the market."
"The development of these businesses is okay, but not too outstanding. They can make some money, but they are not as strong as the momentum of Sanma and others, and their impact is gradually decreasing."
"It's just that Lei Yueting was unwilling to take the fate of the princes, and he always felt that he was the most powerful person in the world, so five years ago Lei Yueting launched a ruthless attack."
"He invested a lot of money in the video field, that is, 'LeiTV', and let them buy film and television copyrights and pay to play them on LeiTV."
Ye Tianlong tilted his head slightly: "Does this sound okay?"
"Five years ago, film and television rights were very cheap."
Bailihua smiled and said: "It probably costs tens of thousands or hundreds of thousands of yuan per movie. After all, there are so many ways and resources to read online."
"It's not easy to finally buy a genuine one! When the film and television company saw Lei Vision, it was like meeting God. Everyone was so happy."
"Leishi bought a lot of genuine movies and TV series, and also took advantage of the opportunity to poach a lot of peers. They had already negotiated, and he paid three times the fee to poach them."
"Then, Leishi launched a high-profile propaganda to netizens: We are conscientious and have copyright, come and watch our videos!"
"In doing so, Leishi has certainly elevated itself to a moral level, but it also provokes industry competition."
Bailihua told what she found: "So other video websites spent money to buy the copyright, and the copyright fee was raised."
"How much has it been raised?"
Bailihua gave a figure: "In less than five years, it has increased more than a hundred times, and the copyright fees for popular TV series are even hundreds of millions."
"For example, when "The Legend of Zhen Huan" was broadcast five years ago, the total bid from the four satellite TV stations was less than 4 million."
"Three years ago, the total sales price of "The Legend of Rice" has exceeded 400 million. The copyright price of several TV series this year has reached nearly 600 million."
She sighed quietly: "In five years, the copyright fee has increased by more than a hundred times."
"The most damaging thing is that Lei Yueting also arranged a group of people to often upload pirated movies and TV shows to other video websites, and then sent people to report them."
"He wanted to use this to squeeze out these peers. In fact, he also killed many small websites. He also caused heavy losses to Youdou and Pocky."
"Later, the two major video websites discovered that Lei Yueting was behind the scenes, so they joined forces to attack Lei's Group."
"They did not engage in small tricks, but directly purchased the shares of Ray's Group. The two major videos spent 30 billion and held 25% of the shares."
"Lei Yueting didn't expect that the two major videos would be so ambitious, nor did he expect that they would spend so much money and start losing money one after another, and finally face a crisis."
"According to Lei's articles of association, as long as the two major video companies hold 30% of the shares, they can become controlling shareholders and join the board of directors."
"Once they enter, Lei Yueting is likely to be kicked off. After all, he and the Lei family only have 30% of the shares combined."
Bailihua described to Ye Tianlong the war without smoke.
Ye Tianlong showed a hint of surprise: "I thought Lei Yueting absolutely controlled the company."
Bailihua smiled: "He got all his money from banks with nothing, so the government and banks controlled a lot of his shares."
“If it weren’t for the inconvenience of the official holding shares and the local government’s need to cash out to replenish its finances, the official would be the real major shareholder.”
"You need to know the initial share structure. The government and banks get 60%, small and medium shareholders get 30%, and Lei Yueting only gets 10%."
She explained the situation at the time: "He has slowly taken back 30% of Lei's family's shares over the years."
"I checked carefully, peeled off the cocoons from the holdings of various companies involved, and finally confirmed the share composition of Ray's Group."
Bailihua explained the current situation: "The Lei family has 30% of the shares, and the bank has 10% of the shares."
"The Black Widow, Kong Family, Xu Facai, etc. have twenty, and the small and medium shareholders have thirty-five..."
Before Bailihua finished speaking, Ye Tianlong became interested: "Black Widow and the others also have shares?"
Bailihua nodded: "Yes, but it is not the direct parent company's participation, but the involvement of a subsidiary of a subsidiary, so it is not very eye-catching."
"Originally, the officials wanted to cash out, and they bought it out of favor."
She added: "By the way, Lin Rudao in Hong Kong City also has five points."
Ye Tianlong smiled when he heard this: "What an old friend."
Then, he changed the subject: "How did this business war end?"
"The Anseong government wanted to keep the Ray's brand, so it asked Ray to sit down and talk with the bosses behind the two major videos."
Bailihua replied: "After more than two months of negotiations, the two parties finally reconciled."
Ye Tianlong narrowed his eyes: "That means there is no crisis?"
Bailihua said repeatedly: "No, there is a strange place."
"Before the government urged the two parties to reconcile, when the battle between Lei Yueting and the two major videos was at its most intense, Lei Yueting introduced a batch of funds."
"This fund bought 3% of the shares in the secondary market, costing more than 3 billion, and added an insurance policy to myself."
"After the negotiation and settlement, Lei Yueting wanted to sell for a time, but was severely stopped by the officials. They were worried that Lei Yueting's actions would cause panic."
"I saw that the money didn't come from Lei's family. Lei Yueting didn't have that much cash at the time."
Bailihua's voice was invisibly lowered: "I used my connections to check. Do you know where this money comes from?"
Ye Tianlong asked: "Where?"
Thyme flowers fall to the ground with a sound: "Africa, crocodile bank."
"Crocodile Bank?"
Ye Tianlong lost his voice in surprise, and then his expression changed. In his eyes, there were two more drops of blood on his thigh.
When I touch it, my nose bleeds again...