After reviewing the two gas that Jin Taeheng brought, Chen Yiyang felt there was more than a fifty percent chance that investing in his studio wouldn’t result in a loss.
That probability was already quite high.
So Chen Yiyang discussed terms with Jin Taeheng.
Jin Taeheng was willing to offer a lot of shares, but the only condition was that he wouldn’t relinquish any control over the company.
Chen Yiyang agreed to this point.
After all, he wasn’t interested in ddling in a ga company founded by an art major.
In a way, the only worthwhile investnt in this ga studio was not the two gas, but the founder himself.
After signing the investnt contract with Jin Taeheng, Chen Yiyang accompanied him in Huaxia for three more days before seeing him off.
However, to resolve the cash flow shortages that Yiyang Automobile would face in price wars with other car companies after launching its first model, it couldn’t rely solely on one ga company.
Chen Yiyang needed to invest in a few more companies.
Perhaps it’s because of daydreaming and wishful thinking.
That day, Chen Yiyang woke up to find that the tip-off gave him a tip for an investnt opportunity.
Today’s intel: You also need to spend money offline drawing cards: A toy company is seeking investnt, and investing in it now would an snagging a bargain.
Contact details for the relevant personnel are attached on the second page.
This tip-off was quite brief.
However, Chen Yiyang was quite interested in this opportunity.
After all, the three most profitable businesses are those involving the elderly, won, and children.
Among them, children’s money is the easiest to earn, because they have no concept of money, only likes and dislikes, with no consideration for cost-effectiveness.
Moreover, today’s kids aren’t like kids from Chen Yiyang’s ti, who only had a few bucks for snacks at most.
Today’s kids sotis have more spending money than married middle-aged n with kids.
So Chen Yiyang asked his assistant to investigate this company.
The assistant discovered that this toy company had previously tried to reach out to Chen Yiyang.
"The company’s na is Card Ga Club, and its main business is offline physical card gas.
Previously, the company contacted us hoping to gain authorization for Nezha-related rchandise."
"I see." Chen Yiyang nodded.
After successfully investing in Nezha and earning more than six billion in box office revenue,
Chen Yiyang purchased all rchandise rights for Nezha from Yang Zhou.
So any other company that wants to make Nezha toys can only co to Chen Yiyang for authorization.
But Chen Yiyang previously instructed that Nezha’s authorization would not be given to others; he planned to handle it all himself.
So the assistant never reported this matter to Chen Yiyang.
"Invite their boss to Lin’an, I’m willing to chat with them." After giving these instructions, Chen Yiyang also asked the assistant to gather all available information on the company called Card Ga Club.
He planned to carefully analyze why this company was flagged as a worthwhile investnt.
The owner of Card Ga Club is nad Li Qibing, originally a hydraulic engineer.
He was working well, but his father failed in business and accrued three million in debt in the 90s.
Three million in the 90s would take a lifeti to repay for an ordinary person just earning a wage.
Thus, Li Qibing was forced to resign and venture into business.
However, when he first started, he wasn’t in the toy business; he was in the printing business.
He opened a printing factory to take subcontracting jobs.
But with the rapid decline of print dia and books in recent years, the printing business naturally saw a significant downturn.
So Li Qibing had to transition the company to a toy company, starting to deal in trading card gas.
Trading card gas refer to offline card collections, with renowned examples like the Water Margin cards in snack packets from before.
However, Chen Yiyang noticed that unlike typical startups that seek outside investnt due to financial constraints during the early or middle stages,
Li Qibing’s Card Ga Club had actually been profitable.
After transitioning to a trading card ga toy manufacturer, Card Ga Club quickly obtained the Ultraman IP authorization from Japan.
Li Qibing himself was quite the genius; he directly copied the mobile ga card-drawing mode to offline.
Moreover, his offline card-drawing offered an even greater incentive to spend money than mobile gas.
In the current mobile gaming card draws, there are generally just three levels: Three Stars, Four Stars, and Five Stars.
Of these, Three Stars and Four Stars characters are produced in large quantities, so you’ll get them just by drawing.
The only scarce ones are the Five Star cards.
But the offline cards launched by Card Ga Club were divided into six levels.
These six levels are N, R, SR, UR, SSR, and XR.
Each card level uses different printing techniques, such as regular printing, shining technique, lenticular 3D effect, laser holography, and gold stamping.
This differentiation in technique allows even children to instantly recognize the rarity of different cards.
Unlike online gas, where you have a safety net,
offline card drawing is purely a blind box experience.
A box of offline cards generally contains twenty to thirty cards, most of which are low-level cards.
The release rate for SSR and UR cards is extrely low.
If you’re unlucky, you might not even get a UR card after buying out all the card packs in a small shop.
In online card gas, the distinction between the highest-grade characters and cards and the lower-grade ones is their damage.
But offline, the distinction in grades is purely for kids to show off.
Imagine when your buddies are flaunting their SR or SSR cards, and you quietly pull out a UR card.
The thrill of showing off offline far exceeds that of online card draws.
Consequently, the Ultraman cards from Card Ga Club sold out.
A multitude of stationery stores and small shops around elentary and middle schools stocked up on Card Ga Club’s card packs.
To encourage these kids to keep buying new card packs, Card Ga Club, on the one hand, adopted the online card ga tactic of limited editions.
They would release a type of card pack within a certain period, which would contain permanently limited rare cards.
If you can’t draw them yourself from a card pack, the price on the second-hand market would surely be unbearable for elentary and middle school students.
And to make their cards appear more high-end, or more conveniently for the wealthy kids to show off,
Card Ga Club built Card Ga Centers offline, open for free to allow all kids to exchange cards or play card battles.
From the information provided by the assistant, the average sale price of a single offline physical card released by Card Ga Club was about 1.7 yuan.
At that price, the gross profit margin per card for Card Ga Club was about seventy-one percent.
aning, for every card sold, there was a net profit of 1.2 yuan.
Honestly, this profit margin made Chen Yiyang drool with envy.
Is this printing cards, or printing money?
How could a company like this still need to seek outside investnt?
Chen Yiyang found it hard to understand.
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