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Looking back on those shining years, Wang Zhonglei is undoubtedly a veritable "godfather" in the entertainment industry in Chinese mainland! At that time, he and his colleagues worked together to give birth to Huayi Brothers Film and Television Company, leading the way in the capital market and establishing its status as China's first entertainment listed company in one fell swoop.
With sharp market insight, they have successfully signed many hot performing arts talents, building a huge and strong reserve of artist resources.
At that time, no matter where Wang Zhonglei went, he was surrounded by stars. In various social occasions, he has always sat firmly in the C position and become the focus of attention. He is always surrounded by a dazzling star lineup, from the new generation of actresses to international film superstars, from idol male gods to acting actors.
People are full of deep admiration for Wang Zhonglei. As long as he is present, no matter how high or low his status is, everyone will take the initiative to greet him, hold an umbrella for him, and serve him a cool drink.
Even the famous host He Jiong, and the powerful actor Huang Lei, who was once popular with half the sky, were respectful and obedient in front of Wang Zhonglei.
What's even more amazing is that even first-line big names such as Fan Bingbing and Zhang Ziyi will become tame and well-behaved when facing Wang Zhonglei, and are even willing to hug intimately and leave precious group photos.
From the happy smiles on their faces, you can see how glorious it is to be able to get close to Wang Zhonglei, a "godfather" figure.
In that glorious era, Wang Zhonglei was respected everywhere he went. Whether it's a star-studded feast or a social event, as soon as he shows up, the stars in the audience will spontaneously make way for him to get on the stage, and the big names will come forward to salute and scramble to take photos with him.
Even the world-renowned action superstar Jackie Chan will respectfully concede three points when he sees Wang Zhonglei.
There is no doubt that Wang Zhonglei can be called a well-deserved "godfather" and has a respected status in the entire entertainment industry. One of his eyes and a smile is enough to make the stars and big names like the stars flock to it.
The young flowers and idol stars around him are like kittens snuggling up to his left and right, laughing and laughing.
The mystery of this naturally comes from Wang Zhonglei's unique personality charm and excellent professionalism. As the soul of Huayi Brothers, he knows the operation of the entire entertainment industry well, and the stars sincerely admire his profound qualifications and extraordinary talents.
Mr. Wang Zhonglei is very familiar with interpersonal communication, and his gentle and humble demeanor makes people feel warm like spring. This unique personal charm has made him supreme in the entertainment industry. The celebrities around him respected him and regarded him as a "godfather", and their respect was overflowing. In their hearts, Wang Zhonglei's brilliance even surpasses that of any bigwig-level figure.
He doesn't need to show off himself, and that unique leadership temperament naturally exudes and is convincing. Whenever the program team invited Wang Zhonglei to attend, he always agreed without hesitation. Such treatment is simply a supreme honor for ordinary stars. His assistants and guests are all celebrities, and the ones who make umbrellas for him are also resident guests, and even the famous host He Jiong has to personally hand him water.
His every move shows his incomparable majesty like a "godfather".
However, just when everyone thought that Wang Zhonglei and Huayi Brothers were about to completely control the entertainment industry, a sudden major turmoil completely changed all this. In 2018, due to major doubts in the financial statements of the film "Mobile Phone" directed by Feng Xiaogang, the majority of netizens speculated whether Huayi Brothers was suspected of tax evasion, which immediately aroused widespread doubts and suspicions in public opinion.
This is undoubtedly a heavy blow to Huayi Brothers' originally good public image. Although Feng Xiaogang immediately published an article defending the company, angrily denouncing those doubts that "chase after the wind and catch shadows and reverse black and white", the torrent of public opinion has become unstoppable and unstoppable. In particular, Director Feng, as one of the top ten shareholders of Huayi Brothers before its listing, quickly cashed out up to 200 million yuan once it was listed, which was even more questioned about the obvious problem of interest delivery.
This is undoubtedly a great damage to the company's reputation.
In the face of such a grim situation, Wang Zhonglei must have been under tremendous pressure at that time. As the soul of the company, he must be well aware that this turmoil may have a serious impact on the future development of Huayi Brothers. However, the development of the situation did not gradually improve as he hoped, but gradually fell into a more difficult predicament.
The Internet and the real world are surging like a tidal wave, and deep fear is surging in everyone's hearts. In an instant, a huge haze enveloped the entire company, and everyone was troubled by the development trend of this emergency, and everyone's mood was extremely heavy. What is even more worrying is that this is just the beginning, and the chain reaction that follows makes Huayi Brothers' situation worse and worse, and gradually declines. The glorious glory of the past seems to reflect the ephemeral and fleeting dreams.
The impact of this tax turmoil was immediately revealed on the performance of Huayi Brothers, and the company's financial situation fell sharply, almost falling into irreparable difficulties.
Such a serious loss is undoubtedly a bolt from the blue for the former entertainment giant Huayi Brothers, and under the heavy blow, it seems that it has fallen into the abyss of no return. The company's total assets have shrunk by nearly 40% in just one year, leaving only about 11.1 billion yuan.
For Huayi Brothers, which once reached more than 80 billion yuan at the peak of its market capitalization, this feeling of falling is like falling from the clouds to the bottom, and it is painful. The company's share price also fell sharply, all the way down in a straight line, and the decline was jaw-dropping.
As a leading enterprise in China's entertainment industry, Huayi Brothers was once the object of envy of everyone, but in just one year, it fell from the throne of the king in embarrassment, and its market value plummeted to only 7.7 billion yuan, which has evaporated more than 10 times compared with its peak! Even without considering inflation and other factors, this figure alone is enough to show the pain of its fall.
The former glory was as short-lived as a flash in the pan, but now it is beginning to decline and struggle. This is undoubtedly the heaviest blow to Wang Zhonglei and his brothers.
In the past, Huayi Brothers was a leader in the domestic entertainment industry, bringing together many first-line stars, powerful directors and top behind-the-scenes teams, which can be called the most powerful talent pool in the mainland entertainment industry.
Now the scene is dark, devastated and full of despair.
In the face of such a grim situation, Wang Zhonglei did not choose to escape, but decided to break the kettle and sacrifice his own interests in order to survive. In order to save the company and raise the funds needed to make the film, he first sold all his assets internally, and then mortgaged all the precious calligraphy and paintings, antiques and luxury houses in his family.
The company's annual report released in 2019 revealed that in just this short year, there were a staggering 10 mortgage records, which shows how high the fighting spirit reached at that time.
Although the Wang Zhonglei brothers tried their best, fate was too harsh on them. Although in 2019, Huayi Brothers went all out to shoot many movies, except for "Eight Hundred", which barely managed to break even, all other works were wiped out without exception, and it was a mess.
The company is stuck in a vicious circle, the more you shoot, the more you lose money, as if you are stuck in a "the more you shoot, the faster you die".
In the face of the grim situation faced by the company, Wang Zhonglei and his brothers did not choose to retreat, but strengthened their beliefs and decided to work together to find a way to revitalize.
In order to raise funds to continue the production of the film, Wang Zhonglei resolutely sold all the assets under his name within the company. For a wealthy business magnate, this is undoubtedly a big decision.
However, Wang soon realized that this alone was far from enough to meet the company's immediate needs. Therefore, he once again made up his mind to mortgage all the precious calligraphy, painting, antiques and luxury villas that his family had accumulated for many years, just to help the company tide over the current difficulties.
From Wang Zhonglei's words and deeds, it is not difficult for us to feel his firm determination to revitalize Huayi Brothers. For the future development of the company, he publicly said that all these efforts are to enable Huayi Brothers to quickly get out of the predicament and regain its glory.
However, the reality is far more cruel than Wang Zhonglei expected. Although he and his brothers devoted themselves to film production, among the many films released by the company in 2019, except for "Eight Hundred", which barely managed to break even, all other works suffered serious losses.
This is undoubtedly a heavy blow, which makes Huayi Brothers, which is in the reconstruction stage, fall into a vicious circle, the more you shoot, the greater the loss, as if you have fallen into the dilemma of "the more you shoot, the faster you die".
The more movies are produced, the greater the losses, and it's a looping loop at the corporate level, and there seems to be no way out of the stop-loss.
The board of directors also complained about this, believing that if this continues, I am afraid that it will fall into a situation from which it will never recover.
Just as the Wang Zhonglei brothers were doing their best to save the Huayi brothers, bad news came one after another, like a dark cloud. Seeing that the company was in danger, many important shareholders also raised the banner of retreat and successively announced the sale of Huayi Brothers shares in their hands, the first of which were Tencent and Donghai Group, which were important major shareholders such as Tencent and Donghai Group.
This move is undoubtedly a heavy blow to Wang Zhonglei. As the actual helmsman of the company, he must be full of anxiety and helplessness in the face of the core shareholders who once supported the company's development withdrawing from each other.
From a market value of more than 80 billion yuan at its peak, it has suddenly dropped to only 7.7 billion yuan today, and the speed of Huayi Brothers' fall is staggering. And Wang Zhonglei, the former "godfather" figure, now has to keep a low profile and gradually fade out of the public eye.
Looking back on the glorious days of the past, the situation today can be described as a world of difference. The stars of the past were respectful and sought after him, but now they can only quietly disappear from people's sight, and they are extremely desolate.
As the Wang brothers struggled to save the company, more misfortunes followed, destroying their plans like a raging storm.
Seeing that the company was about to collapse, major shareholders chose to flee. Giants such as Tencent and Donghai have successively announced the sale of Huayi Brothers shares in their hands, which is undoubtedly a major blow to Wang Zhonglei.
As the de facto controller of the company, he must have been full of confusion and helplessness when he saw these former pillar shareholders withdraw their capital one after another.
From the former entertainment giant, to a small role with a market value of only 7.7 billion yuan, Huayi Brothers' fall is jaw-dropping. And Wang Zhonglei, the former "godfather" figure, can only wander around like a lonely ghost and gradually fade out of the public eye.
Looking back on the glory days of a few years ago, the situation today is really different. At that time, Wang Zhonglei was highly respected wherever he went, and celebrities flocked to him and respected him.
However, now it can only be obscure, the courtyard is cold, desolate, and it makes people feel emotional.
Wang Zhonglei, who was once known as the "godfather", rarely appears in public now. In many social situations, the person who once surrounded countless celebrities is now a presence in the air, in stark contrast to the former prominence.
Even if he is occasionally caught in the news, the image of such a decadent and haggard figure is shocking! The former majesty and heroism are gone, and the domineering spirit of the past years is long gone.
Looking at the past, Wang Zhonglei was the "godfather" of the entire entertainment industry, and many celebrities respected him as a god and respected him as an idol. As long as he is present, the spectacular scene of the stars and the moon will definitely be staged, and the little stars in the audience will spontaneously open up a "road to the king" for him.
Even a dazzling superstar like Jackie Chan needs to be respectful and courteous in front of Wang Zhonglei. Wang Zhonglei at his peak is undoubtedly a symbol of pivotal and kingly demeanor.
Although the current situation is difficult and dangerous, Wang Zhonglei has not completely collapsed. Whenever the media asked about the company's development prospects, he always showed a calm and optimistic look.
In the face of the flood of questions from reporters, Wang Zhonglei calmly said that as long as it is to revive the prestige of Huayi Brothers, he is willing to make all efforts and sacrifices.
From his firm and powerful words, we can deeply feel the indomitable tenacity.
It is true that as an entrepreneur, it is rare to be able to stand your ground and move forward bravely and firmly pursue your dreams in the most difficult moments, and this kind of fighting spirit and belief should be remembered.
Life is like this, the world is unpredictable, who can predict what kind of scene will appear ahead? The glory of the past may only be a short-lived flash in the pan.
The key point, however, is how much courage it takes to shine again in the face of adversity. If we lose faith in the future and our attachment to our ideals, we will fall into fear and achieve nothing.
Only by gritting our teeth and facing difficulties can we truly spread the grand dream and finally have the moment when it will blossom and bear fruit.
As Wang Zhonglei said, everything he has paid at this moment is for the bright future of the company. The current predicament may indeed be insurmountable, but as long as we persevere, we will be able to usher in the dawn of hope again.
From his ardent anticipation and optimism for the future, it is not difficult for us to appreciate the extraordinary courage and perseverance of this former "godfather" of the entertainment industry. A generation of authorities is using their own practical actions to interpret the spiritual power of never giving up.
There is no doubt that the path of life is tortuous and changeable, and no one can make it smooth sailing. But please believe that as long as we always have that unwavering fire of dreams in our hearts, there is always the possibility of regaining our strength and bravely facing the challenges of life! The most important thing is that we must have this courage and faith, and use it to conquer the deep fears in our hearts and resist all kinds of external pressures and obstacles. This is why people have such ardent expectations for the great figure Wang Zhonglei.