End of March.
Snack Fast Run finally completed its IPO in Hong Kong.
The reason why it was so fast was mainly because he made some personal concessions.
The valuation of Snack Run was lowered to 12 billion.
There are over 1,800 directly-operated stores and more than 8,000 franchise stores, with a total investment exceeding 2 billion yuan.
The total amount of financing received was 1.5 billion.
A valuation of 12 billion is equivalent to increasing the return on investment by 3.5 times.
Chen Pingsheng personally owns 42% of Snack Run's shares, which has diluted his holdings by 60%.
That's about 25%.
Based on the valuation of 12 billion, the direct amount taken back is 3 billion.
Remove all upfront investments.
"Ding, congratulations to the host, you have achieved today's income of 1.2 billion. Would you like to enable random increase?"
"Open."
This is probably the main reason why he is determined to push his companies to go public.
If it’s not listed, how can we get the golden finger master?
The familiar golden dice appeared again, swaying continuously and finally stopping on five.
This wave of luck is really good.
One minute, two minutes, until five minutes passed.
Only 6 billion was deposited into his bank card, while 3 billion in principal went to his wife.
This adds up to 9 billion dollars, plus the 400 million dollars he already has.
There is another wave of more than 10 billion yuan of funds that can be mobilized at any time.
Chen Pingsheng went to the Magic City government to discuss the purchase of commercial land.
Since it is a group headquarters, there will be various preferential policies at the local level.
The main purpose is to attract these large companies to develop their cities better and provide tax revenue to create jobs.
Among the four super first-tier cities, Shenzhen undoubtedly has the smallest land area.
Because the land area is small, there are clear standards for industrial land there.
The land output efficiency (annual industrial output value of the project/total land area) must be no less than 109.375 million yuan/hectare/year.
That is, the annual industrial output value must be no less than 7 billion yuan in order to purchase and use industrial land there.
This regulation aims to ensure effective use of industrial land and land output efficiency.
By setting specific annual output value standards, we can promote efficient use of industrial land and industrial development.
Among the four super first-tier cities, Shanghai has the largest land area.
Relatively speaking, the land efficiency is slightly lower.
After all, Shenzhen is only one-third the size of Shanghai.
His Tengying Group owns six listed companies, so it can definitely meet the land use conditions.
If such a group wants to build a headquarters industrial park in Shanghai, it will obviously be able to enjoy many preferential policies.
There are 16 districts in Shanghai. His Tengfei New Energy is built in Qingpu and the charity hotel is built in Jinshan.
Considering that the scale of the Tengying Group Ecological Park is particularly large, it will cover an area of at least 300 acres.
It has become inevitable to leave the central city where housing prices are extremely high.
The mayors of various districts have also visited him repeatedly in recent days, hoping to attract him to develop in their own territories.
In order to better accomplish political achievements.
Chen Pingsheng hesitated for a long time, but Tong Zelan came to him and recommended, "Forget it. It's better to build the headquarters of the ecological park in Jinshan. It's not as fashionable as Xuhui and not as gorgeous as Huangpu, but it has lower housing prices and is quieter. You have so many ordinary employees in your group, not many of them can afford the high housing prices of 150,000 yuan per square meter."
This is true.
Jinshan is a remote suburb, where the more famous ones include Donglin Temple,
Fengjing Ancient Town, the Bund, Huakai Marine Ecological Park, etc.
Jinshan is also the most comfortable place to live in Shanghai.
The natural environment is good, the pace is slow, and the cultural customs are also good.
If he moved to Jinshan, he would have more advantages to take advantage of.
Chen Pingsheng immediately invited the leaders from Kingsoft to come to the headquarters to discuss and see what preferential policies could be offered.
He doesn't just buy commercial land, it would be best if he could also buy hundreds of acres of residential land.
It is definitely impossible to allocate so much land to him in the urban area, but it is different in Jinshan.
That place is in the suburbs, and after he went there, he became one of the largest groups in the area.
We can always negotiate some more preferential policies.
After seven days of negotiation, Jinshan's leaders finally approved a 560-acre piece of commercial land for him.
The price is 980 million.
In addition, he was allocated a 180-acre residential land next to it.
Used to build top-level apartments for employees.
The biggest benefit of introducing large enterprises to local areas is that it can bring a series of major positive results such as employment, consumption, and tax revenue.
It is obvious that given the size of Tengying Group, it can easily drive the rapid development of housing prices in the surrounding five kilometers.
At the same time, it can also boost consumption and employment in that region.
These benefits are the main reasons why they are scrambling to get him to their own district.
One hundred acres of commercial land can probably accommodate fifteen apartment buildings.
If all of them were built according to the standards of top-level apartments, they could accommodate at least tens of thousands of people.
The investment contract also clearly stipulates that the main purpose of the houses built on these lands is employee dormitories.
This is why the price of this 100-acre residential land is 30% lower than the market price.
Only 1.2 billion is enough.
If we add land leveling, greening, construction, etc., it is estimated that more than 2 billion development funds will be completely sufficient.
What really costs a lot of money is the more than 500 acres of commercial land at the headquarters.
He needs to develop his own headquarters building and a series of supporting facilities on it.
The specific design was too complicated and it was simply beyond the ability of a layman like him to handle.
It is better to ask the top domestic architectural design firm to design it for him.
Chen Pingsheng offered a sky-high design fee of 180 million yuan to attract the country's top architectural design firms to bid.
For a plot of land as large as his, it would take at least three months just to produce a satisfactory comprehensive design drawing for the headquarters.
Construction can only officially begin after the design drawings are finalized.
He also named this project Tengying Town.
This is to show the outside world that this is his place.
Whether a project is big or not depends on the funding.
The 2 billion spent on buying the land is nothing at all. The key is the difficulty of building this Tengying Town, which will not be too easy.
According to Chen Pingsheng's personal opinion, he not only wants to build it into an office space, but also a good place for leisure and sightseeing.
It integrates offices, residences, parks, entertainment, medical care and education.
If you want to build such a comprehensive headquarters ecological park project, it is impossible to invest less than 15 billion yuan.
This does not include the money spent on buying the land.
As soon as the headquarters plan of "Tengying Town" was released, it caused an uproar among major architectural design firms.
The main reason is that the 180 million design fee he offered was too attractive.
If this can be achieved, it will be of great help to the reputation of the design firm, not to mention other things.
After all, the building area exceeds 600 acres, covering both commercial and residential land.
The investment amount is as high as over 15 billion yuan, which is definitely a super project.
(End of this chapter)
Continue read on readnovelmtl.com
