Feature Shows Extravaganza

The Super Hero Festival has begun!

Meng Lang was filming in China and didn't have time to go to Boston. Fortunately, PD had a live broadcast business and he could watch it at the studio.

Just the right time!

It's seven o'clock in the morning in Jiangchuan, which is exactly seven o'clock in the evening local time in Boston. In the live broadcast, the opening ceremony of the Super Hero Festival is being held.

Wang Kui, as the Special Representative of President Meng, was the first to take the stage to speak, followed by the relevant persons in charge of the Kent and North American branches.

Finally comes the show...

This year's Super Hero Festival has streamlined a lot of content, from a multi-IP festival to a Kamen Rider X Ultraman X Super Sentai carnival night.

This scale is enough!

As a performance, Super Hero Festival crams too many IP works into one go, resulting in a bloated program list and making the audience too tired to watch.

Last year’s Superhero Festival surpassed the Spring Festival Gala in total duration.

After such a long performance, the audience's buttocks were numb, they went to the toilet several times, and their stomachs were hungry. How could there be a good viewing experience?

Based on this consideration, PD has deleted a lot of content this year. There are only three main IP series left, compressing the performance time to less than four hours.

This makes it much more comfortable!

Some people may say, what should I do if I can’t watch it for four hours?

Then go play something else!

In order to satisfy some ardent fans, one hundred special machines were added to this year's Super Hero Festival carnival.

Some of them look like claw machines!

But there are no dolls to catch in the machine, only figurines of various PD heroes.

This is a suggestion from the Neon Branch!

In the neon figure market, there is a special type of scenery figures, which are prizes distributed through draws or special events.

This kind of figure is rough in workmanship and has many flaws, and is not as fine as ordinary figures. But the advantage is that it is large in quantity and cheap, and the painting cost is not high.

Meng Lang adopted this suggestion and included the scenic figurines into the list of prizes for various events, making their debut at the Boston Super Hero Festival.

Although it is a prize, it can be bought.

The price of Jingpin figures is much cheaper than ordinary figures. After all, the workmanship cost is here, and if it is too expensive, no one will want it.

Meng Lang, who was just doing it out of boredom and not expecting to make much money, suddenly received a call from Wang Kui.

Sold out? Really or fake!

Meng Lang was surprised. He didn't expect that 100,000 PD hero figures would be sold out on the night of the Super Hero Festival.

Calculated based on an average price of 100+ yuan, 10 million worth of figures were sold that night, which is comparable to the usual monthly sales.

Because it's cheap!

Wang Kui explained: There are many fans who want to buy the figures, but the high price has dissuaded many of them. The scenery figures we produced this time are really affordable!

Does it really smell that good?

Consumers don’t know it, and Meng Lang himself doesn’t know it either? This so-called scenery figure is nothing more than a low-priced, low-spec version, with low cost and poor quality, which fully meets this pricing.

Cheap is enough!

At this price, most people don't care about quality. What kind of bike do you want for a hundred dollars?

That seems to be the truth!

The trend of Taobao and JD.com has been established. Why can PDD buck the trend and rise? Probably, cheapness is the main factor.

The popularity of the Jingpin figures was beyond Meng Lang's expectation. Faced with various out of stock warnings, he had to adjust the factory's production plan to ensure that production capacity could keep up.

Unfortunately, ramping up production capacity takes time.

When the PD production capacity could not meet the demand and the market was generally out of stock, good brother Lebao came out to grab the food.

Lebao is authorized by PD to produce PD’s “non-limited and non-commemorative edition” IP derivative peripherals. It just so happens that Jingpin figures are also within the scope of authorization.

An interesting scene appeared!

PD's own factory needs to adjust its production plan and cannot produce more goods for the time being. Lebao took advantage and began to use PD authorized figures to attack PD self-produced figures, and achieved great success.

Mengzi’s nose was so angry that he was crooked!

Although the PD authorized figures produced by Lebao require a portion of protection fees, Mengzi can also make money.

But self-produced and sold will make more money!

As the saying goes, if you don't have a roof over your head for three days! The unfilial son Lebao rebels today. What do you think?

Ma Teng stood up and said, Your Majesty, if you raise pigs for a thousand days and kill them for a while, Lebao will be punished for being unfaithful and unfilial!

I second the proposal!

Then kill him...

Meng Lang yawned and said, Lebao's stock price has risen sharply. Let's go and cool him down. Remember to be gentle and don't kill him directly.

He still wants to buy it!

Although this godson is ignorant, he wants to overthrow his father Mengzi all day long. But his wife is very beautiful, and Meng Zai, who covets the beauty of the princess, is so willing to let her die in love?

Ma Teng, who was extremely mobile, quickly attacked Le Bao. First, they threw dirty water and slandered Lebao's products as substandard, toxic, and capable of affecting children's brain development.

Then Lebao's authorization will be lifted, further suppressing the stock price. While Lebao was allocating funds to save its stock price, it created rumors that Lebao was about to go bankrupt and encouraged suppliers to come to collect debts.

The method is despicable, but it works.

Lebao, who was already struggling to survive, soon became unable to hold on to the application negotiations under the relentless pressure of the PD.

The negotiation process is simple.

Lebao's top management wanted to cash out and leave, but PD was greedy for Lebao's body. The two parties hit it off and immediately reached a consensus.

As for the workers at the bottom?

Who cares about their opinions!

The acquisition was negotiated smoothly. No third party came in to disrupt the situation, and Lebao had no chance to shop around, so he quickly compromised.

Century-old Lebao, a company that carries countless American childhood memories, was eventually sold to PD Group for US$2 billion, becoming its only listed company.

That’s right, a listed company!

After the acquisition was completed, PD Group received approximately 71.44% of the shares from 17 shareholders. As for the remaining tradable stocks for retail investors, they cannot be dealt with for the time being.

The process of privatizing U.S. stocks is quite complicated. Moreover, Mengzi has no money. Half of the US$2 billion is still a bank mortgage loan.

We have no choice but to build a paradise!

The greatest value of Lobo is the brand. From now on, Lobo will become one of PD's sub-brands, following the previous IP licensing scheme, and its products will focus on the European and American markets.

The company name is prefixed!

Lobo becomes PD—Lobo!

They used to be godsons, so it makes sense that they don't have the same last name. Now that the godson has become his biological son, does it make sense that his surname is not Meng?

Of course, this is a tongue-in-cheek statement.

Although PD acquired Lebao, because of the special nature of a listed company, the godson is still the godson and is very independent.

The only change between before and after the acquisition is probably that Mr. Meng became Director Meng!

After the management reorganization of Xinlebao, which became Mengbao, Meng Lang, as the new chairman, needed to appoint a reliable CEO to take charge of the overall situation in North America.

At first, he targeted Ma Teng.

But when Ma Teng left, half of the group's business collapsed instantly. Meng Lang, who didn't want to cause any trouble to himself, finally chose Du Fang, the most low-key among the PD Trident.

90% of the figures I buy are Jingpin figures...don't ask why, they are cheap! (covering face)