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 314 Return to the Capital to Sign the Contract

Chen Pingsheng stayed in Hong Kong for a whole week.

The CEO class ended in three days, and I mainly attended some private gatherings.

The dealer game on the first day was fine, he had no interest at all.

The next day, Xu Daizi also came to Hong Kong and specially organized a top-level private party here.

There were also many female stars accompanying them, and the girls in the song and dance troupe were all extremely pretty.

Hengda has invested a lot in football in recent years. Apart from fattening a group of boiled chickens, it is hard to say what other meaning it has.

He, Mr. Ma, and Wang Jianlin have taken turns sitting on the throne of the richest man in recent years.

To say that he is full of ambition is an understatement. Whether in the business or political circles, his status is not comparable to what he has now.

Chen Pingsheng was like an outsider, watching him maneuver and finally unable to escape from making money.

However, with Xu Dai's identity, he is very good at taking advantage of his advantages. He will never ask you for money. He will only ask you to bring money to beg him.

Mr. Ma also spent more than 1 billion to buy half of the shares of Hengda Football.

Xu Daizi is a very good person. He didn’t even discuss the price, just let Teacher Ma decide on his own.

Football is just an inducement. In Daizi's heart, what he cares about is not the more than 1 billion that Teacher Ma has.

Instead, they hope that he will invest in Hengda Real Estate, only in this way can they maximize their profits.

What a pity, Teacher Ma is such a wise man.

When interviewed by reporters, he publicly stated that he would never invest in real estate.

Xu Daizi also got angry on the spot.

He heard about this when he visited Teacher Ma in Hangzhou.

The two chatted for quite a long time in Hangzhou.

It is quite surprising that Xu Daizi also wants to enter the new energy industry.

However, this time he came more for Hengda Real Estate.

We are preparing to separate the properties from the real estate industry and establish a separate listed company.

Xu Daibei is very influential in Hong Kong. With Liu Daxiong's protection, it is not difficult for him to get tens of billions or even hundreds of billions.

Chen Pingsheng never invested a penny.

I have no intention of getting closer to him, mainly because as his wealth grows, he naturally knows more and more things.

For example, the huge debt that outsiders don’t understand is simply an astronomical figure.

No matter how prosperous it appears on the surface, it cannot cover up the fact that its debt ratio is too high.

This kind of thing either doesn't happen, or if it does, it will definitely be earthquake-level.

Apart from the national level, it is impossible for any private enterprise to take over his business.

The three companies BAT combined are not good enough, the risk is so big.

With the development of real estate to this point, we can only say that nine out of ten companies are like this.

Only the real estate tycoons in Hong Kong are walking the most steadily.

Chen Pingsheng drank two glasses and left. Instead of spending that much time, he would have spent more time at home with his wife and children.

In mid-November, after returning to Shanghai, Tong Zelan came to see him.

He also signed a shareholding agreement with him for Yateng Short Drama with 300 million in funds, which was just a small amount of money.

Chen Pingsheng didn't care at all. What he cared about was what Tong Zelan said next.

"Old Chen, it's confirmed that Xu Dai is also looking to develop new energy, and the amount of funding he has is at least twice as much as yours."

Chen Pingsheng was not too surprised. Even professors in top business schools began to say that the turning point of real estate was coming.

How could Xu Daishi not know this himself!

It's one thing for him to know, but whether he can land safely is another.

How can the boss withdraw such a huge debt just because he wants to?

Investing in new energy today is undoubtedly a more radical approach, attempting to use another fulcrum to leverage more funds to protect the market.

To put it bluntly, it is just a way of making money by robbing Peter to pay Paul.

"Hasn't there been a lot of people wanting to make new energy vehicles these past two years? You didn't come here just to remind me of this, did you?"

"How can Brother Belt be like everyone else? He's the richest man in China, listed on the Forbes list."

Tong Zelan said: "Among the current new energy companies, your Tengfei is undoubtedly the one with the largest cash investment. Large investment also means greater risk. Of course, if you really succeed, the benefits in the future will not be comparable to those companies that rely on OEM production.

"I really didn't expect you to invest 50 billion on this by yourself. I have to say you're taking a bit of a risk this time. However, considering your company has never had any debt, you're qualified to take this risk. The only pity is that your investment is so high, so large that we don't dare to take the risk with you."

"It's not bad."

Chen Pingsheng said calmly, "The main thing is that making cars is quite complicated. I don't want to be influenced by others. I want to invest my own money and do whatever I want. Xu Daibei has also started a lot of side businesses in addition to real estate over the years. Do you think he has been successful in any of them?"

"That's true."

Tong Zelan just reminded him that Xu Daizi really wanted to come in and build the car.

Then there will be a new powerful rival in the new energy sector.

Little did he know that Chen Pingsheng didn't consider Brother Belt as his opponent at all.

In his opinion, there will only be two competitors in this industry in the future.

One is Tesla, which has not yet entered the Chinese market, and the other is Huawei.

Huawei's R&D capabilities are unquestionable. Once it enters the field of new energy vehicle manufacturing, it will inevitably affect the entire industry landscape.

As for Tesla, there is no need to mention it, it is the leader in the global new energy market.

Apart from these two, only BYD is worth noting.

The reason why he invested 50 billion yuan to establish eight research institutes in the first year.

This is mainly to cope with future competition from these three companies.

It can be said that his planning is quite far-reaching, and he has never regarded the new forces in Internet car manufacturing as his opponents.

Not to mention Xu Daizi who sells the house.

Tong Zelan saw that he was quite confident and didn't bother to say anything more.

I was amazed to hear that he invested 2.5 billion yuan in Meituan and got a 2% stake.

Currently, he has invested in a total of three Internet companies.

One is Pinxixi, one is Meituan, and the other is Guazi Used Cars.

Investing is a very boring thing, and Chen Pingsheng didn't spend too much time on it.

If you see a suitable one, just invest in it. If you are not familiar with it at all, there is no need to look for him.

He definitely won't vote.

Tong Zelan stayed here for a whole morning, and Tengying Group is undoubtedly becoming more and more powerful.

In addition to the main business of entertainment, various investments are also booming.

No wonder Lao Chen could just ignore Xu Daizi. He really has the ability to do so.

In addition to investing 300 million yuan in the Yateng short drama, the main reason she came here was to see whether his new energy vehicle manufacturing sector really needed to attract funds.

That is to say, raise one or two billion yuan from the capital market.

Obviously, Chen Pingsheng doesn't need it at all at the moment.

Moreover, if it raises funds at this time, Tengfei New Energy’s valuation will not be able to rise at all.

Even the 50 billion yuan he invested as capital may not be available.

After Tong Zelan left, Chen Pingsheng called his busty secretary Zhang Wanyi and told her to draft an investment contract.

Tengying Entertainment also invested 200 million in cash to acquire a 20% stake in Asia Television Short Drama.

With Tong Zelan's 300 million in funding, it is certain that Yateng's short dramas will be valued at 1 billion.

The main reason for letting Tengying Entertainment to invest is to use the current high income of Yateng short dramas to push Tengying Entertainment's market value into the hundreds of billions level.

Only in this way can his personal benefits be maximized.

After all, the increase in revenue after driving up the stock price is easily in the tens or hundreds of billions.

Up to now, the total investment of Yateng Short Drama from its establishment to the completion of filming is only 30 million.

Through these two rounds of financing, he also received 470 million in random increase funds.

Chen Pingsheng started rolling the dice again, but his luck was so bad that he got a number called Xiao Er.

940 million yuan was deposited into his bank card, and his wife received 500 million yuan in equity capital.

My wallet, which was originally empty due to investing in Meituan, is now full again.

In a good mood.

"Wanyi, show me the income of the art school students from filming the short plays."

Short dramas are very profitable, even more than TV dramas.

This not only shocked the entire entertainment industry, but even he himself was deeply surprised.

Zhang Wanyi took out a financial statement and showed it to him.

The cost of investing in shooting a short drama is about one million.

Among them, the director has the highest salary, followed by professional editors and screenwriters.

While the income of the main actors, who make up the bulk of the TV dramas, accounts for less than 10% of the total cost in short dramas.

It's not just one or two main characters, but all the actors in the short play combined, whose salary is less than 100,000.

In terms of cost control, short dramas have a huge advantage over TV dramas.

If you want a short drama to make money, the biggest investment cost is still Internet traffic.

For example, putting the short drama on the top page of the three major video websites, or releasing it on Douyin and Kuaishou.

This cost is the highest.

It accounts for roughly 20% to 30% of the total income.

After deducting everything, the net income of a short drama can still be maintained at more than 50%.

The main reason is that the shooting cost is too low.

Compared to TV dramas that often require an investment of 100 or 200 million yuan, the investment in short dramas is almost negligible.

Judging from the financial data, the Yateng short drama is undoubtedly very successful.

He has really created another cash cow.

"Let's increase the dividend ratio for core employees. Take out 10%, and you can work out the specific details of the distribution ratio."

Chen Pingsheng put this financial statement aside because he wanted to set aside a certain proportion for dividends.

The main thing is to maintain his consistent business philosophy, that is, everyone makes money together.

For example, among the five short dramas that have been released so far, one of the female leads has acted in three of them.

The total income is less than 50,000.

She must be very excited, after all, the art school originally recruited girls from rural areas.

Not only can you get a fixed salary of 3,000 yuan every month, but you can also earn tens of thousands of yuan a month by filming short dramas.

Who wouldn’t be happy in this situation?

But her income is really just a drop in the bucket compared to what their company earns.

Even out of that 10%, she, the heroine, can only get 1%.

That's one or two million in cash, which is not comparable to her meager salary at all.

He can't make a lot of money while others can't even get a sip of it.

That's not in the long-term interest at all.

(End of this chapter)