I am a Big Player
Chapter 585 - 579, Qinghe Capital (First Update)_1

Chapter 585: 579, Qinghe Capital (First Update)_1

Xu Xiaowen deeply regretted coming to Elder Jiang’s place today. It wasn’t just because her movie still couldn’t undergo normal promotions, which signified the collapse of a belief.

In the past, she always felt that if she faced too great of a difficulty, as long as she came here, everything would ultimately be resolved, because she believed in the power of this room, of this person, within the entertainment industry.

When she wanted to vie for roles, she could find her sugar daddy; when she wanted to take on ads, she could turn to her sugar daddy—everyone in the circle knew what a sugar daddy meant, but Xu Xiaowen pretended she didn’t.

Such power was too direct, the benefits too explicit—it was nothing more than trading her body, right?

She had gradually become accustomed to such transactions, selling herself for other compensations. Xu Xiaowen knew her reputation in the circle wasn’t good, but so what? Her life was much better than that of others!

Acting could be a commodity, appearance too, so why not the body? Aren’t all men the same?

But today, she regretted coming here because this method had finally stopped working.

It was like a person who had followed a certain set of principles for most of their life, and suddenly one day, those principles no longer applied. She began to feel a bit desperate—what was she going to do then? This was the only way she knew how to deal with things!

It was a collapse of belief within an ordinary life.

Her wedding was soon, yet here she was, once again selling herself out of habitual thinking in problem-solving.

She didn’t want her fiancé to lose money; indeed, she was very clear about the consequences of a broken capital chain. The real estate sector had seen such events before!

Having barely made it to this point, about to marry into a wealthy family, how could so many complications arise?!

It was because of her words that the other party had invested in the venture. If it resulted in a loss due to her, what would their relationship become? She knew all too well how calm and rational her fiancé could be.

At this moment, Zhang Ming wasn’t taking Elder Jiang’s calls. When Elder Jiang called, he was sitting in Ren He’s suite, drinking tea with Chen Da. Seeing the caller ID, Chen Da’s pupils constricted momentarily; he was very aware of why the other party was calling Zhang Ming.

Zhang Ming smiled, patted Chen Da’s shoulder, and said, "We’re different from the past now. As long as our big boss at home doesn’t run into trouble, dominating this entertainment circle is just a walk in the park."

Chen Da’s tense muscles relaxed. Thinking back to the delightful scene that occurred in the elevator yesterday, Zhang Ming always told him never to give up, as life could take a turn at any moment—and it did.

Ever since this young man entered the Central Academy of Drama, his own life had indeed begun to change.

It was just yesterday that Chen Da found out that Ren He’s entry into the Central Academy of Drama was recommended by Zhang Ming. That old fox was too tight-lipped, but it seemed like Zhang Ming was indeed determined to foster this good karma.

All night long, Chen Da kept an eye on any moves from the Qinghe Group, as he too wanted to know whether Ren He truly intended to help him, or was just giving lip service.

As it turned out, Xu Xiaowen no longer even had a verified account on Weibo; she became a "blacklisted star" on the platform. Then, all entries related to Xu Xiaowen disappeared from Qinghe Search. He knew that Xu Xiaowen’s nickname was Wenwen, and sometimes she would act coy and call herself Wenwen in her Weibo posts, but now, one couldn’t find anything about her under that term. It had to be said, the Qinghe Group’s people took Ren He’s every command very seriously...

Today, not a single media outlet reported news about the movie "Lost City." Chen Da hadn’t figured out why when Ren He gave him a rough idea in the afternoon, over tea: Qinghe already held equity in 49 media companies.

To be honest, owning shares in traditional media is bound to be a depreciating process because new media has risen. However, Qinghe Group’s investments would never stop at the number 49, and their interest in traditional media was never about profitability.

At the meeting Ren He held with the Investment M&A Department, he said about this sector: Just keep buying, let the voice of Qinghe’s faction grow louder.

Investment had become one of the main ways for the Qinghe’s faction to expand. In 2007, Ren He had already marked it as Qinghe Group’s second turning point.

In his past life, Tencent’s watershed year occurred in 2014. Before that, Tencent mainly focused on independent development, even if it was imitating—they still counted it as part of their independent development...

But in the first half of 2014 alone, Tencent transformed into a sneaky capital behemoth, tossing out over 50 billion yuan on their journey of acquisitions and mergers. Since none of the acquisitions reached the 5% threshold that necessitated disclosure to the Hong Kong Stock Exchange, most of these takeovers remained unknown.

Yet the known stakes included SOGOU, 58.com, Dianping, JD.com...

At that time, Tencent’s Investment M&A Department had become one of the most dazzling entities in the investment industry.

Now, the road for Qinghe’s faction was long, but Ren He felt confident the path was right, so he would keep going. Recently, when several emerging game companies abroad were raising funds, they could see Qinghe’s involvement, and they were persuaded by Qinghe’s indifference to the expense...

As Ren He put it, in the era of the entertainment economy, gaming was one of the pillar industries of the entire entertainment economy. It might seem like we’re paying 5% more compared to our competitors now, but later, they will suffer immensely for that 5%.

Only Ren He, who had experienced that era, understood how vast the gaming industry’s cake was.

Moreover, Qinghe’s investments were far from limited to gaming alone. At this moment, the Qinghe Investment M&A Department, looking at the time, should have already approached Xu Xiaowen’s fiancé, who was troubled by looming financial issues.

Just before the capital chain was about to break, it would be remiss of Qinghe Investment M&A Department’s hungry wolves not to seize such a good opportunity. Qinghe wasn’t after an acquisition, just a share of the pie, but that required detailed calculations.

That company still had three undeveloped land parcels, and seven property projects under construction. With assets in hand, there was a place for Qinghe to profit.

On this matter, Ren He was not afraid of others criticizing Qinghe for being unseemly. If he didn’t go, Luohe would, or some other big player. If the power of capital wasn’t demonstrated at times like this, it would be meaningless.

Ren He felt a sense of irony. In the past, he had thought of living modestly, playing Dota for fun and ensuring his financial stability for the latter part of his life would suffice.

But now, it seemed that the outer world’s valuation of Qinghe had already exceeded Luohe’s market value, right? After all, Luohe did not have the capability of making a monthly profit of 50 billion yuan.