The Birth of the Magic City's First Conglomerate

Turning thirty is an awkward age. Some people shine brightly and achieve glory at this age, while others find their lives a messy struggle.

Undoubtedly, Chen Pingsheng belonged to the latter....

Chapter 214 Three Years

October is over.

Overall, Chen Pingsheng gained a lot this month.

First, Lujiao Coffee became famous, and then Charlotte made a lot of money.

On the last day of October.

Bobo Milk Tea released its first quarterly financial report after its listing.

Total revenue was 680 million yuan, and net profit for a single quarter was 170 million yuan.

That includes $125 million earned in Charlotte.

It can only be said that due to the strong box office performance of Charlotte, Bobo Milk Tea’s financial reports were directly boosted this quarter.

On the day the financial report is released.

The stock price immediately soared, especially after Bobo Milk Tea changed its cooperation and franchising model.

Just thirty days in October.

There are as many as 1,300 investors who have applied to join Bobo Milk Tea.

On average, about 30 companies appear every day.

Finally, more than 200 qualified franchisees with good locations were selected.

Excellent financial performance and strong market momentum.

The market has proven this to the Hong Kong stock market.

Bobo Milk Tea is still the most popular star milk tea stock among young people.

The initial share price was halved to 3.5 per share.

It took less than two months for the stock to surpass the issue price of 8.8 per share.

Tenghui did not hesitate to use 380 million to buy back shares to protect the market.

It also became the most exciting battle among them.

Not only did it completely stabilize the final foundation of Bobo Milk Tea, but it also made a huge profit.

When Bobo Milk Tea's share price rose to 9.1 and was still rising strongly.

Only then did Chen Pingsheng begin to sell some of his shares.

After slowly cashing out 450 million, he still had shares worth about 600 million.

and 13% of the original shares.

This is the profit he made from this repurchase event.

If the stock price continues to remain above nine yuan, the profit will be almost 600 million yuan.

This made Yang Mi dumbfounded. She never thought she could make money.

Didn't you think you could make so much money?

She thought she was invincible since she had cashed in over 200 million yuan from Bobo Milk Tea.

Unexpectedly, Chen Pingsheng cashed out not only 300 to 400 million yuan during the IPO.

He even made another 500 to 600 million yuan by bottom-fishing during this crisis.

It must be said that he deserves to be rich.

Yang Mi now sends messages like this, "Chen Pingsheng, if the company faces a crisis in the future, bring your sister Mi with you. It is our duty to save our own company."

This money-grubber is actually envious of him now that he has made a lot of money.

The reason why Chen Pingsheng chose this time was to cash out part of his Bobo Milk Tea shares.

The main reason is that he holds too many floating shares.

With such strong financial performance, if he doesn't sell some of his shares, the stock market will have difficulty circulating.

Secondly, it is because such a large-scale sell-off can only be hidden during a period of strong stock price growth.

Under normal circumstances, if he sold his shares, the share price of Bobo Milk Tea might be halved again.

Maybe it won’t be that exaggerated, but it will definitely drop for a long time.

This is the influence of major shareholders.

It can give the market confidence, but it can also undermine confidence.

The money cashed out from the stock market cannot be amplified through the golden finger.

Only the 13% of the original shares in his hands will do.

There is still a four-month or so lockdown period.

By March 2016, it will be freely traded.

He is like this.

The same is true for Tong Zelan, Yang Mi and others.

I have now cashed out 450 million yuan, mainly to buy the Shuiyunjian Building in Shanghai for my wife.

By the end of this year, Shuiyunjian will have to invest at least 500 million to open a store in Shanghai.

The headquarters must purchase it in advance and arrange the team.

The two super-large flagship stores are expected to open at the end of December.

By then, it will not only be the capital that will host Shuiyunjian’s most luxurious annual gala.

The Magic City is also going to hold a City of Stars event.

The main reason why Shuiyunjian grew so fast was because they invited Yang Mi to support them.

Later, she used her influence to quickly organize several celebrity meet-and-greets.

This time when I go to Shanghai, I still use the same strategy.

It's just that more money is invested and the scale is larger.

The purpose is to allow Shuiyunjian to quickly accumulate a number of high-end customers there and to completely increase Shuiyunjian's popularity in Shanghai.

In order to quickly open up the market, high initial investment is definitely necessary.

With a lot of money in her pocket, Song Yanxi chose and chose again, and finally bought a nine-story headquarters building in Pudong New District, Shanghai.

The selling price of 880 million is a very auspicious number.

The single-story area is up to about 3,000 square meters.

She directly took out the fourth floor and converted it into Shui Yunjian's training academy in the Magic City.

The remaining five floors are where the headquarters offices are located.

With such a large area on a single floor, the five floors can accommodate two thousand people working at the same time.

Shuiyunjian certainly doesn't need so many staff members working at the headquarters now.

In the next few years, when Shuiyunjian not only spans the capital, but also has a foothold in Shenzhen and Greater Guangzhou.

It will definitely be needed at that time.

The Shuiyunjian headquarters building was also included in the assets of Tengchao Commercial Management.

Shuiyunjian will pay the rent for the use of the headquarters building to Tengchao Commercial Management.

Before we knew it, Tengchao Commercial Management’s assets had reached around 7 billion.

That's quite exaggerated.

November.

Tencent Entertainment is still actively applying for listing, and all procedures are still under review.

However, the three-year tax-free period for new startups is about to end.

He will have to pay corporate income tax as usual.

Before that happens, Tengying must sort out and distribute the money it has earned previously.

But you can't wait until you have to pay taxes to divide it.

Tencent Film's financial report was not released to the public, it was only announced to internal shareholders.

Between January and October 2015.

Tencent Film's main income comes from investing in a TV series by Zhao Liying, which earned it 100 million yuan, and investing in Shishi, which earned it 60 million yuan.

Plus Hua Qiangu’s game copyright, another 120 million.

Hua Qiangu earned 450 million yuan from peripheral products.

Yang Mi's Three Lives Three Worlds returned 200 million.

Charlotte earned another $450 million.

The total revenue is about 1.4 billion, and the net profit attributable to the company is about 1.1 billion.

A typical example of investing less and earning more.

Most of Tengying's money has been spent by him, and now it only has more than 200 million yuan left.

He only needs to pay the 10% that Tong Zelan invested.

As for the 30% purchased later, it is stated in the contract agreement that the money earned over 15 years does not need to be divided.

Their main purpose is to make money from listing.

In fact, the main purpose of Chen Pingsheng dividing the money this time was to sort out Tengying's finances with Tong Zelan.

Just because he holds a majority stake, he cannot use up all the money by himself.

Her share of the 10% is only 110 million.

The rest all went into his own pocket, and most of it was spent by him, either buying this or that.

Now, Tencent Film’s finances are all in order.

Go public lightly and wait for the stock price to soar.

Most companies don't distribute much money after going public.

There are many reasons, the most important one is that the company has sufficient cash flow to facilitate development.

Chen Pingsheng felt that there was absolutely no need for Tengying to do that.

He certainly wouldn't do that. If no one shares the money, how can he get it himself?

As for Bobo Milk Tea, it definitely won’t be able to distribute dividends in the first year.

The whole thing is still in progress and adjustment.

Feiyangyang is also in the final stages of its IPO application.

Tong Zelan has been working on this for a while, and the listing valuation given by Feiyangyang is 6 billion.

Not too high, not too low.

In the catering industry, it is definitely a giant enterprise.

If Feiyangyang can complete its IPO normally this year, his income will be too high.

After three years of cultivation, it is finally time to harvest.

(End of this chapter)