Note that this book is a slow-burn novel, and it will become increasingly exciting as the story progresses.
It starts from 2002, beginning at the Beijing Film Academy, and starting with the H...
Just as Shen Fang was about to go back to rest, Brother Ma suddenly called.
Little Ma excitedly said, "Brother, Xu Xin has agreed. She's willing to offer $50 million for this 2% stake. Brother, you're awesome! Come to the company and sign the agreement."
Shen Fang was taken aback. To be honest, he was quite surprised that they agreed to this, as the price was exceptionally high.
Shen Fang hailed a taxi and headed straight to Penguin.
Walking straight into the office, I saw Xu Xin and two other people eagerly waiting for Chen Fang.
Xu Xin smiled when she saw Shen Fang arrive.
"President Shen, you're here."
Shen Fang smiled and said, "Sister Xu, you've figured it out so quickly?"
Xu Xin nodded: "To be honest, Mr. Shen, your price is really high. 50 million US dollars is a lot of money that Baring Asia can do. But after I communicated with my boss and told him about your ideas and your capabilities, he agreed. To be honest, I didn't expect that."
Shen Fang shook his head: "Your boss is a very insightful person. 50 million US dollars is not a loss, it's only 400 million RMB. 400 million sounds like a lot now, but in a few years, that 40 million will definitely double. If you hold shares this time, don't lose them like last time, otherwise, if you come to me again, I won't sell."
"President Shen, rest assured, since we at Baling Asia dare to make such a big bet, we are prepared to hold it for the long term, or even for life. Our boss's prediction for Tencent is that it will surpass Coca-Cola."
Shen Fang nodded: "Before the equity transaction, I have one more small request, but I think you would have helped me even if I didn't mention it. Our company will be listed on the Hong Kong Stock Exchange in 2004. Next year, our company will be queuing up for IPO, so Mr. Xu, I need your help."
Xu Xin nodded: "No problem. We also hope that Tencent can go public and achieve a higher stock price. Don't worry, Mr. Shen, we will definitely give it our full support. Mr. Shen, next year is the most important year for Tencent. I hope you will work hard."
Shen Fang watched as Xiao Ma and his companion exchanged a glance.
Pony Ma smiled and said, "Our Penguin card game platform will be launched this year. Our company is also preparing to go to South Korea and the United States, major game development countries, to select suitable games. Next year, Penguin will develop rapidly and will definitely not let you down."
Xu Xin smiled as she looked at Brother Ma and Shen Fang.
"Then I'll wait and see, let's sign the contract."
Little Ma called Zeng Liqing over and handed the prepared contract to Xu Xin, who then signed it directly.
Shen Fang also signed his name.
The contract is now in effect.
Shen Fang made a profit of 50 million US dollars. He lost 2% of his shares. He didn't want to sell them, but he had already made a big boast, so he had no choice but to sell. Little Ma and others only owned 50% of the shares, and they couldn't sell them in order to maintain control.
So right now, Shenfang seems to have made a killing, but it will still lose money in the future. But it doesn't matter, because with this money, Shenfang can do more things.
The contract was signed, and the funds would arrive in three days. Xu Xin immediately took her leave, leaving Xiao Ma no chance to host a dinner. Xu Xin was an extremely busy person; many investors were eagerly awaiting her arrival.
"Little Ma," Zeng Liqing excitedly patted Shen Fang on the shoulder.
"Hey bro, you've struck it rich! You've got to treat us tonight."
Shen Fang rolled his eyes at the two of them.
"I actually think I'm losing out, it's only 400 million. I should have asked for 100 million US dollars, that would have scared her away."
Little Ma was speechless: "Brother, I know you are full of confidence in the future of Tencent, but there is one thing you need to know. It's all in the bag. It's a lot of money, 400 million, brother. If you don't give it to me, you'll make such a fortune and you're still unhappy. If your peers find out, I estimate they'll drown you in their spittle."
Zeng Liqing drooled with envy: "That's right, if it weren't for the fact that Tencent has such a bright future, I would have sold it myself. With Mr. Chen's help, we could easily afford a full-service package tonight, right? 400 million!"
After thinking about it, Shen Fang realized that it was indeed wise to cash in. He had only invested 25 million in Tencent, and now that he had sold 2% of the shares, he had made 400 million. He should be happy about it.
Actually, this is a matter of Shen Fang's mindset. If he were the owner of an investment company, he would probably be ecstatic about such a deal where he bet on a race car and won a huge prize. But Shen Fang is a reborn person, and he knows very well the value of a penguin. So he feels like he lost out, but in reality, he made a huge profit.
Investment companies can be divided into two types: those focused on specific sectors and those focused on specific industries. Investing in a sector means being optimistic about a particular industry. Investing in a specific industry is simpler; it means looking at the capabilities of the company's owner.
Tencent's situation is more complex. It operates in the network communication, online gaming, and online services sectors, and has Pony Ma (Ma Huateng) as a top-tier competitor. It's also riding a wave of growth, at the very beginning of the internet's development. It's destined for great heights.
Every cloud has a silver lining. Although some future funds have been lost, this 400 million is real money.
Once he understood, Shen Fang immediately called Shen Kun and told him to bring Tianxian and her daughter to the Coastal City Shopping Center. He had made a fortune today, and he, Young Master Shen, would pay for today's expenses.
Hang up the phone
Shen Fang then called Lu Jinbo again, asking him to bring his wife to the Coastal City Center to give him his bonus today.
After hanging up the phone, Shen Fang looked at Xiao Ma and Zeng Liqing.
"Let's go, let's call Brother Jiang, Brother Xu, and Brother Chen together. I'll pay for today's expenses, guys, don't be shy, we're not short of money."
Brother Ma chuckled and rubbed his hands together: "Brother, look at my car, it's been driven for so long, we want to get a new one, what do you think?"
Shen Fang waved his hand: "It's nothing, let's go."
Seeing this, Zeng Liqing quickly called his brothers. Good heavens, the time for a big spender has arrived! They couldn't miss this opportunity. Although they were now making a profit, Little Ma was still very stingy with them, only giving them 2,000 yuan a month. Daily expenses were okay, but if they wanted to go out and have fun or buy things they liked, they would soon be living on a tight budget.