Kapitel 336: Chapter 234: The Coming of the Young Age_2

In Magic City, the total investments amounted roughly to 1.2 billion yuan.

This did not include the funds for purchasing the headquarters.

Chen Pingsheng had a phone conversation with Tong Zelan; they sold 40% of the shares of Water Cloud Space's Magic City branch for a total investment of 1.8 billion yuan.

The primary reason was to solidify Water Cloud Space's high-end network there.

There was no second reason.

It was mainly to reinforce the network.

If Tengying Entertainment hadn't sold 30% of its shares to those top investors, obtaining the qualification to independently release a film would have been very difficult.

When Water Cloud Space moved to Magic City, they had no connections. A single fire safety issue could shut them down.

It's not an exaggeration; anyone who has been in business would know.

After selling this portion of shares and allocating 20% of the profit-sharing rights to the management, his own share in Water Cloud Space in Magic City was also 40%.