CHAPTER 228: CHAPTER 228: YU NIANQING AND MY HEROIC HUSBAND

The so-called tail products are the leftover goods.

Typically, big brands do not produce their own goods; instead, they outsource to factories.

These factories will definitely have some loss indicators internally, so they will produce more than the order requires.

Once the order is delivered, these remaining, undelivered products become tail products.

The status of these tail products is somewhat awkward.

Saying they are genuine, they are of the same quality and design as genuine products.

But saying they are not genuine, they are indeed not officially sold.

Therefore, Tail Product Meeting gathers these tail products to sell on the platform to customers who find genuine products expensive but worry about being seen wearing counterfeit goods.

This way, it’s a win-win situation.

The factory sells goods that no one wants.

Customers buy goods of genuine quality at a cheaper price.

However, with the platform’s development, a lot of counterfeit goods have disguised themselves as tail products and started flooding Tail Product Meeting.

So, in recent years, many consumers have abandoned Tail Product Meeting, leading to a yearly decline in income, even risking bankruptcy.

"Why are we getting involved with Tail Product Meeting again?" Chen Yiyang didn’t understand this logic.

"Tengxu is the second largest shareholder of Tail Product Meeting, the largest shareholder is the owner of Tail Product Meeting and his wife.

Currently, because Tail Product Meeting’s performance is declining annually, coupled with Tengxu’s shift in business focus, they are preparing to sell their Tail Product Meeting shares.

But now, no one wants to take over these shares, so Tengxu’s offer is, whoever is willing to take over these shares can buy the rights to that game."

"How is this different from robbery?" Chen Yiyang frowned.

Exchanging the art rights of a game that nobody plays and has almost no IP value for someone taking on the shares of a company nearing bankruptcy.

It’s more ruthless than robbery.

"Tail Product Meeting’s market value is not high now, and Tengxu isn’t planning to sell for much. Actually, personally, I have the capability to buy these shares, but I can’t do it myself because it’s against regulations."

Wu Changxun patiently explained to Chen Yiyang.

"Wait, let me check the information."

Chen Yiyang took out his phone and checked Tail Product Meeting’s current market value.

At its peak, Tail Product Meeting’s market value reached 200 billion RMB, but after reaching the peak, in just two short years, it dropped by 180 billion, leaving only over 20 billion in market value now.

It’s indeed not far from bankruptcy.

No wonder Tengxu is trying to jump ship quickly.

"How much of Tail Product Meeting’s shares does Tengxu have?"

"Eleven percent."

"Indeed, not much." Chen Yiyang calculated that 11% of the shares based on Tail Product Meeting’s current market value would be just over 2 billion.

For a big shot like Wu Changxun, spending over 2 billion is doable.

But he can’t do it.

Because no matter how badly Tail Product Meeting has plummeted, if Tengxu sells shares and the buyer turns out to be a Tengxu executive.

It will definitely trigger Tengxu’s internal review mechanism, causing Wu Changxun to be questioned.

But over 2 billion.

Chen Yiyang has this money, but he has no intention of throwing money into the water just to hear the splash.

"If you’re willing to take over these shares, I have a few good projects here you can invest in."

Wu Changxun offered his chips.

Wu Changxun couldn’t have reached such a high position by being a fool.

Benefits must be mutually exchanged.

He needs Chen Yiyang to buy Tail Product Meeting’s shares.

Naturally, he must offer corresponding benefits.

"What projects are those?" Chen Yiyang inquired.

"Here’s the list, you can take a look." Wu Changxun handed a tablet to Chen Yiyang.

Chen Yiyang took it and flipped through it.

Wu Changxun was indeed sincere, offering projects deemed as 3S-class and 2S-class within Tengxu.

This represents Tengxu’s internal optimism about the projects.

Of course, Tencent’s vision isn’t great.

However, Chen Yiyang did recognize two names in these projects.

Yu Nianqing and My Heroic Husband.

"Are these two adapted from male-oriented online novels into TV series?" Chen Yiyang asked.

"I don’t usually watch TV series." Wu Changxun spoke honestly.

Where do these executives find time to watch soap operas.

If each of them were heavy viewers of TV series, Tengxu Video would have already crushed other platforms, dominating domestic entertainment.

"I’m very interested in these two projects."

"Yu Nianqing is a 3S-class project within Tengxu. If you want to invest, you can only get a small share, but you can designate one or two roles.

As for My Heroic Husband, it’s positioned as 2S-class. I remember during a previous meeting, internally it’s not very favorable, maybe not even enough support for 2S. If you’re willing to invest in it, all Tengxu’s investment shares can be yours."

"Will Tengxu Video platform offer a minimum purchase price for the first broadcast rights for this TV series?" Chen Yiyang asked.

For a TV series, what’s the use of investment shares?

Previously, he got the investment shares for The Longest Day In Chang’an from Ali.

But actually, the investment shares were a gift, Ali’s promise to buy the first broadcast rights on the video platform was the most important part of the deal."

"I can’t give a definite answer on that." Wu Changxun answered honestly, "My influence doesn’t reach such specific affairs, but I can try my best to fight for it."

"Then My Heroic Husband it is." Chen Yiyang said, "Help me contact its director and producer."

"No problem." Wu Changxun nodded.

"By the way." Chen Yiyang continued to ask, "Are you sure that studio purchased art copyrights to make a domestic single-player game?"

"I’ve confirmed it, and they are going for a big production at a 3A level."

"Do they lack investment?" Chen Yiyang pursued.

Throwing over 2 billion into the water for TV series investment shares.

It’s actually a loss.

But Chen Yiyang agreed to this exchange partly hoping to support domestic games.

After all, for a big shot like Wu Changxun to personally come for this, surely the other party’s scope is not just an independent game.

"Not very, they primarily lack talent. But you can symbolically invest a little money, and gain a one percent stake."

"Okay." Chen Yiyang nodded.

He plans to get the contact information from Wu Changxun and find time to visit the studio.

To see if this studio can really create a 3A-level single-player masterpiece.

It’s worthwhile to throw this over 2 billion into the water.

Of course, most of the over 2 billion should account for Wu Changxun’s personal favor.

Although in the earlier conversation, neither of them made the personal favor explicit.

But since Wu Changxun proposed letting Chen Yiyang throw away over 2 billion for nothing. That equals him owing Chen Yiyang a favor.

Within Tengxu, the executives who might become Tengxu’s future leader, Chen Yiyang knows only two, one is Wang Chunyun and the other is Wu Changxun.

Wang Chunyun is already a dead enemy.

Then Chen Yiyang can only regard this over 2 billion as an early investment, supporting Wu Changxun’s rise.

If Wu Changxun ever truly ascends to the CEO of Tengxu, by that time, sending money, 2 billion might not even warrant a meeting.