The movie "the banquet" Huayi Brothers first to the bank loan project

　Loan collateral: copyright mortgage under the veil of personal joint guarantee　

Bank loans as the first to eat crab, Huayi bank loans Road, also experienced a process from small to large, from difficult to change. Wang Zhongjun told Tencent entertainment reporter, Huayi Brothers is A+ credit standards in the industrial and Commercial Bank of China, "this shows that the entertainment industry is credit, not flowers. At least until today, we do not owe the bank money, never overdue bank loans, all is benign."

With the following media reports tracking, the past few years, the mortgage loan of Huayi Brothers are changing. In 2005, Shenzhen Development Bank loans as the movie "the banquet" syndrome, Huayi Brothers to please China import and export insurance company guarantee, in individual unlimited joint and several liability, Wang Zhongjun put all his assets are in charge of the inside. "But I never thought there would be what problem, because I think I will not lose." Wang Zhongjun said.

Up to now, when what is the loan collateral asked about the Huayi Brothers, the industrial and Commercial Bank of China, Wang Zhongjun will not hesitate to answer: "by the film rights." the film rights mortgage, no "company guarantee credit without third party loans" bank form began in 2007, the Bank of China to Huayi Brothers years provide 50000000 yuan loan as "No. assembly.

Wang Zhongjun begs the question, is the Huayi Brothers, the industrial and Commercial Bank of credit guarantee, in addition to pledge by the movie rights of property, the same person joint guarantee, thus constraint management risk.

The relative number of film and television companies and media always emphasizes the movie copyright pledge, the Bank of Beijing Cuiwei branch senior manager Louis Liu does not agree: "copyright market value is difficult to estimate, so the actual effect of copyright pledge is not strong. Compared with several film copyright, we pay more attention to enterprise past performance, the financial health of the company, and the company managers, business team and business philosophy. The credibility of the enterprise, team and profit model is much more reliable than copyright."

Reportedly, China Merchants Bank initially for the loan is dazed, Huayi belongs to the creative industry, no no building workshop nor production line; as to the bank, the copyright is nothing but a pile of paper, they do not know the copyright value how much money, how to operate.

Wang Ran will Tencent entertainment has revealed, in the framework of China current property law, copyright security legal effect is not very well. "-- because the bank cannot predict the movie comes out is what kind, whether really can have the producers said so much value. If you spend one hundred million, took a bad play, the box office is very low, so the copyright is worthless."

"Wang Zhongjun said Huayi is most early by copyright security with China Merchants Bank loans. But in fact, China Merchants Bank President Ma Yuhua knows, when the format right guarantee they didn't what role, is in fact more psychological comfort." Wang Ran said.

In fact, two years ago, China Merchants Bank to 50000000 yuan "" builds up number "loans, in addition to the copyright of the mortgage, personal name plus the Wang brothers and Alibaba chairman Ma Yun guaranty, and" builds up number "the box office income into account such as dedicated as security supervision. A series of conditions together, let China Merchants Bank lending decision. Number 50000000 yuan originally only vice president to sign, but the final signature is president Ma Yuhua. In addition, China Merchants Bank also put forward very harsh conditions: on the one hand, the provisions of Huayi Brothers their money over to China Merchants Bank loans; on the other hand, strict control of the film cost and payment schedule. China Merchants Bank to every 10000000 yuan way issued five loans, but also at any time to check the schedule.

"Builds up number" the success that banks are aware of the cultural industry also hidden profits. In the rapid development of Chinese film industry environment, including the later Beijing bank, agricultural bank, industrial and Commercial Bank of China, have begun to take the initiative to seek cooperation with Huayi opportunity. Some big companies are involved in the following industries related to the bank loan project. For example, in the 08 year of Beijing bank and light, John Boehner, Wanda in loan projects of cooperation.

Although the bank loans in the film company in the field of wind, but in fact in the financing system and China is not perfect, many missing links.

"Now through bank loans to support the cultural industry, thoughts and ideas are right, but we lack professional assessment agencies and the responsible department, now basically is the enterprise owner shall bear unlimited joint and several liability, including his property, securities, personal assets, equity and so forth, and on the inside." Yu Dong told Tencent entertainment reporter.
From the three big bank 09 year first half of loans, no matter the Huayi Brothers, the light of the media, or the Pauli Bona, in addition to the boss of the company, has stressed the film copyright pledge, whether the Bank of Beijing and industrial and Commercial Bank of China Beijing branch, require relevant companies mister or directly related to people who bear unlimited joint and several liability.

In fact, "infinite even loan responsibility" in this way, is absolute "China characteristics: this international practices, there are few. In the foreign film developed area, enterprise bank lending business, in addition to the specialized Guarantee Corporation (insurance company), and the reinsurance company. There is a direct link between the banks and insurance companies, if the producers to repayment, the insurance company will lose money to the bank, the insurance company will find a Guarantee Corporation, their risk re dispersed. In addition, the international passenger and ticket even custody of the company, the box office returns on the third party conduit company there, guaranteed income at the box office to priority for repayment, repayment after the rest of the money lenders to take. This relatively sound a lot of structure, has been in operation for many years of international.

"The unlimited joint and several liability is not very reasonable." Yu Dong said, "but whether it is Wang Zhongjun or me, do it no problem. Because if we are not confident in it, we don't lend." Wang Changtian also believes that the situation at present "normal. Your house and car are inside. In fact, even if those things together there is no bank loan amount. But the other think that at least is also a deterrent to lending companies."

In fact, in the actual operation process, banks of different companies every loan requirements and processing methods are not the same. If the Guarantee corporation loan way, by the Guarantee Corporation to do more to control; and the copyright mortgage lending, the key lies in the attitude of the banks. Some banks will see more tight: at that time, China Merchants Bank loan Huayi Brothers 50000000 yuan shooting "builds up number", the strict monitoring technique for hand tracking shooting team.

But if there is cooperation and association more companies with the bank, or to use the credit relationship more (such as government, large consortium of personal guarantees, loans will be relatively feasible). For example, the company's basic account, the fund management business, including the staff wages, and listed companies, capital reserves and so on, are put in the bank? In short, the connection number, bank a better understanding of the company, will be relatively safe, bank to company support may be more.

The two inter related reflected in reality is: 08 years in August, the Bank of Beijing to Huayi Brothers to provide 100000000 Yuan drama packing loan, and Huayi Brothers media is committed to the exclusive Beijing cooperative bank bank as its TV business and its listing to raise funds separately.

09 years of Beijing bank to the light of the media provide intentionality credit 200000000 yuan film packing loan, the light media future three years of film production and distribution of funds, and the light of the media business accounts, personal financial business will give the Bank of Beijing, in addition, the light media also promised to raise capital accumulation on IPO the Bank of Beijing. The Bank of Beijing is a light tailor a personalized "Beijing light media limited financial service plan", described in detail the Beijing bank financing, account settlement, finance, banking and other services.