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 286 The Largest Single Cash Out

There are ways to live with a lot of money, and there are naturally ways to live with little money.

But some people just won't be satisfied with being ordinary, and their abilities are limited.

This has led to many tragedies or bad things happening.

Take Yang Kang's family for example. If you say that the couple cannot survive on more than 10,000 yuan a month.

What about rural couples?

After all, Zhang Cuicui may have accepted her fate, but she doesn't want her daughter to be like that.

In this society, countless people are calling for their children to win at the starting line, but how many starting lines are there?

For Zhang Cuicui, perhaps it was just about attending a decent school from the beginning.

Later on, I found out that all the classmates in the class were taking various tutoring classes.

For her, her own daughter cannot be left behind.

Over time, once this kind of emotion is formed, the family's meager income is simply not enough to cover expenses.

She also tried to do a proper job, working more than ten hours a day.

It's only a pitiful three thousand yuan a month.

Countless tormenting nights eventually led him astray.

Maybe this is her fate, at least that’s what Zhang Cuicui thinks.

As long as her daughter can have a bright future, she doesn't care anymore.

But she didn't expect that such a big thing would happen.

What she thought about most that night was not that she would be embarrassed, but what if her daughter found out?

Will she still recognize her unbearable mother?

It’s hard to explain, which is why her eyes always look dull.

The moment she saw her daughter's innocence, Zhang Cuicui burst into tears.

No matter what she did, she was still a mother.

Yang Kang didn't know how to comfort her, so he just told her that her family didn't have to live in Hangzhou anymore and could move to Shanghai.

The subtext of this sentence is to start life again.

It's a simple statement, but with the housing prices in Shanghai, it's not something that an average couple can afford to move in.

Yang Kang explained that it was because of the old classmate he mentioned before, the older brother from junior high school.

Big brother is giving him this condition now.

Zhang Cuicui didn't know what she was thinking about, and she cried even harder.

Yang Kang has been unreliable for many years, but now that something happened at home, he is finally reliable for once.

Zhang Cuicui once used the money she earned to support his entrepreneurship, but the result was failure again and again.

She also never thought about whether this man would divorce her if he succeeded in starting his own business.

What she thought about most was that this was her daughter's father.

After so many years, the two of them fell in love and got married.

The family fell into trouble and the child was born.

Then the relationship broke down and his wife became a prostitute due to difficulty in making a living.

This series of changes may be the inevitable fate for most ordinary couples!

Magic City, villa.

Some people worry about food and clothing, while others wake up every day thinking about how to improve their social status.

Chen Pingsheng has come to this point. If his social status is really high enough, he would not have to move from the capital to the Magic City.

He just has an influence that is unimaginable to ordinary people, but he does not have irreplaceable scarcity at the top level.

After hearing about Yang Kang's family, Song Yanxi was also deeply saddened.

It's really rare for a woman to do this for her child.

An ordinary couple, a life where even a penny can make a hero fall.

It's not like she hasn't experienced it before.

"Husband, do you think Yang Kang will divorce me?"

"Who knows? I don't think so."

Chen Pingsheng said: "No matter what Zhang Cuicui did, all the money she earned was used to support her family. Now the situation is very difficult to say."

"That's right." Song Yanxi thought about it and said, "If they don't get divorced, I'll let Zhang Cuicui go to work at Shuiyunjian."

"OK."

Chen Pingsheng nodded. "Look, in recent years, many bosses have said that they can't pay their employees high salaries, but they don't think about what low income means to a family."

"Yes, every time I go to Shuiyunjian or go outside, I hear people say things that are very respectful. Husband, you have been right all these years."

What Song Yanxi was talking about was naturally the eight times improvement in Shuiyunjian’s employee benefits.

"It's not our job to judge whether something is right or wrong. We need to make sure our employees agree with it from the bottom of their hearts."

Chen Pingsheng added, "After I sold 10% of my shares in Tengying Entertainment, Alibaba sent two executives to discuss the acquisition of Tengsheng Fresh with me. These internet giants are bound to start a fierce battle in the vegetable sales sector."

"Do you really want to sell it for 1.2 billion US dollars?" Song Yanxi asked him curiously.

"Sell it, why not?"

Chen Pingsheng said: "The past few years have been a critical period of economic transformation for our country. Some asset shuffling is inevitable. Internet giants have a lot of money. If they weren't all trying to enter the vegetable market, Tengsheng Fresh wouldn't be worth this price."

Song Yanxi thought about it and it made sense. Her family had no debts, let alone collateral for bank loans.

In the area of ​​asset management, we can clearly gain many advantages.

You can talk to these big Internet companies very calmly and there is no chance of bargaining for them.

The 1.2 billion US dollars must be tied up tightly, not a penny can be lost.

Chen Pingsheng mainly wants to use this money to invest in subsequent research and development in the fields of artificial intelligence, batteries, and motors.

Others have invested 10 billion yuan in new energy, but he has already invested 30 billion yuan and is preparing to invest another 40 billion yuan. There is no reason why he cannot build a good car.

It can only be said that he started a little late in this field. If he doesn't invest more money, how can he surpass his competitors?

And the big names who are ready to make a move behind the scenes.

It has to be said that big Internet companies are really willing to spend money to acquire the important resources they want.

The field of selling vegetables is so critical that both Meituan and others are determined to win.

It costs 16 billion to acquire a shared bicycle company, let alone the country's largest fresh food retail brand.

This was the first time in Chen's life that he met the legendary Teacher Ma.

Witnessed by countless reporters, the two signed the largest single acquisition in the fresh food industry to date.

1.2 billion US dollars, not a penny less.

Mr. Ma not only took a fancy to his Tengsheng Fresh, but was also interested in Tengying Entertainment and Snack Run.

Unfortunately, Chen Pingsheng, who is no longer short of money, has no intention of selling the group's assets in the short term.

The exchange rate between RMB and USD is about 1 to 7.2.

1.2 billion US dollars is equivalent to about 8.6 billion RMB.

This is also the largest single asset directly sold by Tengying Group.

He personally invested 1.8 billion yuan in this fresh produce brand, and Tengsheng Fruit also invested a portion.

The stake was diluted to only 10%.

Remove all costs and the net investment over the years.

"Ding, your cumulative income today is 6.1 billion. Would you like to enable random multiplication?"

This is definitely his largest single income.

Chen Pingsheng opened it without hesitation, which was also the main reason why he insisted on selling Tengsheng Fresh.

The golden dice continued to shake and finally got stuck on the number three.

One second, two seconds, a full eight minutes later.

His bank card just received a text message stating that 18.3 billion yuan had arrived.

Chen Pingsheng suspected that Mr. Goldfinger had simply laundered the money and then transferred it to him.

One hundred and eighty-three billion, and eighty-two billion went to his wife.

Just give Tengsheng Fruit another 820 million.

Selling assets is a normal business practice for any large group.

But for those store managers and employees who have been with you from the beginning, it is undoubtedly a huge stab in the back.

Tengsheng Fresh has 700 stores nationwide and employs 15,000 people.

Chen Pingsheng directly took out 1.5 billion to reward the employees he sold.

This is also part of the reason why he is not recognized by the capital market.

Why give rewards to employees if the company has been sold? After all, those employees are no longer your own.

If 1.5 billion yuan is taken out, it means that every employee of Tengsheng Fresh can basically receive 100,000 yuan.

In addition, he took out another 300 million yuan and divided it equally among the executives of Tengsheng Fresh.

The seven top CEOs each received 10 million, and the remaining 60-odd regional CEOs.

Basically, everyone got 3.5 million.

No matter what, this is Tencent's recognition of everyone's joint entrepreneurship and efforts over the years.

As soon as the news came out, all major media outlets went into an uproar.

I have never heard of a group selling off its assets and then taking out tens of billions to pay its employees.

Not to mention that even the grassroots employees received 100,000 yuan each.

This is undoubtedly an exaggerated number.

It also symbolizes the greatest humanity in the company's handling of its own assets.

It can only be said that every move of the current Tengying Group has attracted great attention from the financial or capital markets.

(End of this chapter)