Upon landing in Shanghai, Zhang Tiancheng immediately headed to Shanghai Film Group.
He had come to Shanghai because of a phone call he received yesterday from Ren Zhonglun, stating that the negotiations with IDG Capital were finalized and asking him to come sign the share transfer contract.
IDG Capital was investing 500 million for a 10 percent stake—a slight premium compared to the valuation Zhang Tiancheng had previously commissioned for the *Kung Fu Panda* IP. But that was only natural; two months ago, the *Kung Fu Panda* game had launched in the Island Country and South Korea to a strong reception. With growth looking promising, a premium was to be expected.
Chapter 320