April 10th, the Great Demon City.

There was another downpour of rain, which kept hitting the windows of the Grand Phantom.

There is a reason why this car can be sold for over 10 million. No matter how noisy it is outside, it is so quiet inside as if nothing is happening.

The quietest car in the world, truly.

This may be the reason why he has so many cars but always likes to drive Audi the most.

It’s not just the price that’s high, it’s also the domineering one.

It is indeed very comfortable to sit in.

The main reason why he rushed to Shanghai was because the overseas investigation team of Lujiao Coffee had been investigating for almost twenty days.

The results will be roughly available in another week.

It would be of extraordinary significance if Tencent Film Group could launch a brand listed on Nasdaq.

Chen Pingsheng drove slowly on the road.

The visibility was not very high due to the heavy rain. As luck would have it, he saw an old lady crossing the road, performing a movie star-level scam, and actually leaning against a police car with its flashing lights on.

Although these days, hitting cars has become a way for many elderly people to make money, this kind of thing is to directly hit the police car.

It was the first time he saw it.

To be honest, he seriously doubted that the old man's motive was to get three free meals and accommodation.

Otherwise, he wouldn't have been so stubborn as to crash into the police car.

The world is so big that there are all kinds of strange things.

The financing and listing of Lujiao Coffee is still very critical to him.

After he arrived at the group, his secretary Zhang Wanyi, who was petite but had big breasts, immediately brought him two documents that needed his signature.

One of them is a snack food company in which he invested 100 million yuan, and about 50 stores will be opened in Shanghai in May.

Zhao Mingyu applied to the group to appoint Zhao Liying as the spokesperson for Snack Run.

Chen Pingsheng signed his own three big characters.

He also called Zhao Liying and asked her to be the spokesperson, and he also paid 20 million yuan for a 15% stake.

Zhao Liying agreed without hesitation.

This is also the main reason why Tencent Entertainment can quickly attract first-line stars to join.

The traditional business sector is still particularly reliable.

The second document is the first batch of pollution-free vegetables raised by Tengnong Fresh, which were officially transported to Shanghai for sale via long-distance refrigerated trucks.

It also includes detailed bids and sales prices.

There are dedicated people to coordinate these things, and signing documents is just to let him know the progress of each project.

After everything was signed, Chen Pingsheng looked at the busty Zhang Wanyi and asked, "You don't have a car in Shanghai, right?"

"No, I'm still saving money to buy it."

Zhang Wanyi is a top student in school and has a pretty appearance. If she wears glasses, she looks especially like a teacher.

Especially when she wears a white shirt and a pencil skirt.

"I have an Aston Martin that I haven't driven yet. You can take it and drive it first."

As his secretary, it is very inconvenient not to have a car.

Bai Xin is mainly in Beijing now, while Zhang Wanyi stays in Shanghai.

There is also Xu Jing, who is planning to be transferred to Guangdong or even the Hong Kong headquarters.

Zhang Wanyi was quite surprised. Bai Xin had said long ago that as long as one could become the boss's secretary, financial freedom would basically be achieved in one or two years.

Now I am free without having to travel, and it’s in that very handsome Aston Martin.

Lending a car out, or even giving it to a secretary to drive, is no big deal.

Chen Pingsheng asked her to call Chu Qiuyan and Qin Xue over.

The investigation into Lujiao Coffee is nearing completion, and the outcome is not something they can interfere with.

All we can do now is to develop Lujiao coffee better.

Chu Qiuyan said, "Lujiao Coffee launched its milk coffee series at the end of February, and according to the March financial report, it has already achieved financial break-even."

The so-called break-even actually means neither making money nor losing money.

In the past, Lujiao Coffee’s main product was its signature coffee that cost 9.9 yuan, and it was always difficult to raise the unit price.

It seems that in the customers' inherent impression, Lujiao coffee is sold for 9.9 yuan.

Now, after the milk coffee came out, the average unit price has been raised to around 15 yuan.

As the cost of opening a store continues to drop, it is only a matter of time before Lujiao Coffee becomes profitable.

This is good news.

Besides, didn’t they raise another 500 million yuan last month to open an office store?

The cost of opening a store is controlled at around 200,000 yuan. After eliminating the high rent, it is expected to recover the investment in eight months.

A series of good news also made Chen Pingsheng full of confidence in Lujiao Coffee's Nasdaq listing.

We talked about some other things later. Time passed quickly and it was mid-April in the blink of an eye.

Gao Hu brought Xiao Chunchun to Beijing, and Chang Fu also returned to Beijing from Shanghai to report on the development of Xinteng Live.

At the same time, there are group brands scattered across various locations.

They all have to come to Beijing to report on their work.

It was Xiao Danchun’s first time in Beijing. He was curious about everything, and the most important thing was to come and see the group headquarters here.

This is where Lao Chen works.

It's very exaggerated. It's just a huge office building with four big words "Tengying Group" hanging on it.

Magnificent.

Apart from the continued decline in stock prices, the group's progress this month has been exceptionally smooth.

Wait until the 18th foreign investigation team completes a one-month comprehensive analysis and investigation of Lujiao coffee.

Tong Zelan also came to his side and set off abroad with the foreign investigation team.

The good news is that the survey team gave Lujiao Coffee a very good evaluation, and various indicators showed that it is an emerging coffee brand that is rising in central China.

This will seriously threaten Starbucks’ sales in China in the future.

The investigation team gave Lujiao Coffee a credit rating of AA+.

High credit rating.

The reason why it can reach the double A+ level is that Lujiao Coffee has no operating debt.

Secondly, Tenghui Capital, which invested in it, did not have any corporate loans.

Thirdly, none of its affiliated companies have any corporate loans.

It is clean and tidy, which greatly improves its credit rating.

You should know that for many domestic companies that want to be listed on the US stock market, the first thing they fail to pass is the almost stringent credit rating abroad.

Once a company has borrowed too much and has an excessively high debt ratio, it will be very difficult for it to go public overseas.

You should know that the U.S. stock market is one of the most developed countries in the world in terms of credit rating market, and its regulatory system is also the most complete.

Once a company's rating standard is double A+, it means high reliability.

The credit rating passed, which undoubtedly made everyone feel relieved.

The double A+ rating is also destined to make Lujiao Coffee's IPO overseas much smoother.

There is good news, and of course there is bad news as well.

Because Lujiao Coffee has not yet achieved real profitability, it merely demonstrates the future development prospects of a unicorn company.

The investigation team gave a valuation of 18 billion to Lujiao Coffee.

It is 2 billion lower than the 20 billion expected by Tong Zelan, not to mention the 30 billion threshold.

Of course, you can also choose not to go for IPO financing based on this valuation, but the cost is that it will be more difficult to get the money.

Once the double A+ credit rating given by the foreign investigation team and 18 billion in financing are obtained.

The IPO is expected to be completed within a week.

The main reason is that foreign capital markets recognize their own investigation reports.

He may not believe what you say.

Tong Zelan urgently called Chen Pingsheng, the 18 billion valuation was obviously lower than their own expectations.

Ask him whether he wants to slow down the IPO of Lujiao Coffee.

Chen Pingsheng felt that it was unnecessary. The overall decline in Tencent Pictures' stock price made him eager to get a large sum of money to buy back the shares.

The most important thing now is whether Lujiao Coffee can successfully obtain the IPO funds.

The valuation of 18 billion was the data obtained by a foreign investigation team after a month of investigation.

With this valuation, Tong Zelan's IPO was naturally extremely smooth.

Just five days later, five major foreign investment institutions agreed to invest in Lujiao Coffee.

And this time, it also means that Chen Pingsheng can get an unprecedented super fund.

April 25th of the Chinese calendar.

A piece of financial news released from abroad shocked the beverage industry in the domestic market.

Founded less than a year ago, Lujiao Coffee has officially landed on the Nasdaq.

With a valuation of 18 billion, it completed IPO financing of 10.8 billion.

This also made it the fastest super-large unicorn company in China to complete Nasdaq IPO financing.

The news shocked the domestic financial community.

Both Toutiao Finance and Morning Post Finance were the first to report on this young company that completed its overseas Nasdaq IPO financing at an epic speed.

Looking at the establishment of Lujiao Coffee, we know that this is a company destined to enjoy the attention of countless people.

After all, before its store opened, it spent 200 million yuan to hold an unprecedented superstar concert in Beijing with the Four Heavenly Kings on the same stage.

It also sponsored a trainee competition and had half of the connections in the entertainment industry to advertise and bring traffic for it.

It’s not surprising that such a brilliant brand completed its IPO within a year.

After all, from the very beginning, it was an enterprise supported by big capital.

The launch of Lujiao Coffee not only gave a shot in the arm to Tengying Group, but also added a touch of color to this era.

It’s not about how high its valuation is, but the speed of its IPO financing has reached an epic level.

It can be said that Lujiao Coffee’s listing experience has definitely become an indispensable financial treasure in the country.

Of course, none of this was as fun as Chen Pingsheng quietly counting money at home.

With the 10.8 billion yuan in financing, he will personally dilute 60% of his shares.

It’s about 30%.

Facts have proved that his decision to complete most of the investment in Lujiao Coffee alone in the early stage was obviously very correct.

Now that it can be cashed out, the returns are astonishingly high.

Valuation: 18 billion, cashing out 30% of shares.

That’s 5.4 billion.

Excluding his personal investment of 1.8 billion in the early stage.

"Ding, congratulations to the host for accumulating 3.6 billion in revenue today. Would you like to enable random multiplication?"

It would be a lie to say I'm not excited.

Chen Ping had never accumulated such a huge amount of funds in his life.

After silently reciting the word "open", the golden dice appeared and shook non-stop.

This is a big deal worth billions.

How could you say I'm not excited?

All I can say is that this is a huge amount of money that will make you wake up with a smile even if you fall asleep halfway through the night.

(End of this chapter)