December arrived as expected.
After Chen Pingsheng moved the group's headquarters, it was so grand and magnificent. Overall, Tengying Group has become one of the top private enterprises in China.
It is included in the same column as Alibaba, Tencent, JD.com, etc.
We don’t know what the future will be like, but for now, it is definitely very good.
The weakness of Tengying Group lies in the fact that it has not yet produced a main enterprise with a market value of hundreds of billions of US dollars. This is also the main reason why Chen Pingsheng wants to focus his attention on Tengfei New Energy.
He was in charge of a series of work here, but the staff in Han City reported a different situation.
The general meaning is that there may be an infectious disease over there.
It is highly contagious. Although there is not much news outside, Tengying Group, which has physical stores all over the offline world, received the news in advance.
However, this news was intercepted before it reached the president's office.
This was not intentional on the part of the people below; they simply thought that such news was not a big deal and did not need to be handled personally by the President's Office.
Chen Pingsheng accumulated a lot of luck points from the distribution of houses this time. When he distributed these things to his family members, he obviously felt a lot better.
Perhaps the biggest benefit of this thing is that it can help you avoid disasters and live a peaceful life.
Of course, it can also prevent diseases.
This is also one of the reasons why Chen Pingsheng likes his luck value.
Time passed slowly, and in the blink of an eye it was mid-December. Han City sent three documents in succession informing us that the disease was highly contagious.
It can be said that any slight contact is unavoidable.
The first two times, all these documents were intercepted at the office. The third time, this document was sent by the highest person in charge of Han City and countless local store managers.
It was finally delivered to Chen Pingsheng's desk.
The first few words at the beginning of the document clearly say "unprecedented and unpreventable".
The severity and infectiousness of this disease are the highest in history.
If you get close to it in a crowd, this thing will hit you immediately.
It can even be transmitted through the air, which is very scary.
Chen Pingsheng only took a few glances and frowned unconsciously.
After making three phone calls to the President's Office to inquire, he immediately convened a meeting at the group headquarters.
No matter what, the first priority is to immediately and immediately evacuate all store staff in Han City.
Han City is the provincial capital.
If you want to know how many employees Tengying Group has in the provincial capital, there are more than 20 Feiyangyang restaurants there, with more than a thousand employees.
If you add Bobo Milk Tea, Lujiao Coffee, Snack Run and other chain stores.
At least not less than 15,000 people.
Chen Pingsheng didn't care at all about how much loss the closure of a store in a provincial capital would cause to the entire group.
No matter what, people should be the priority, and economic losses should be secondary.
Such a large-scale store closure also left many peers confused.
In fact, those who are staying over there know something about the situation, and those who are well-informed outside are still waiting and watching.
Very few companies are as direct as Tengying Group, which directly announced the closure of all stores in the city.
Not only did they close the store, but they also moved all the businesses there out.
The group naturally knew what had happened, and Chen Pingsheng had already stated it directly in the high-level meeting.
The documents have been shown to everyone. It can be said that if these documents had reached him a little later, no one knows what the consequences would have been.
But now, he has transferred all the Tengying people in the city.
Where these people will be assigned has not yet been notified.
First, everyone went home to wait for news, and their wages were still paid.
Chen Pingsheng not only closed the store, but also asked the Institute of Economic Research to make a judgment immediately based on the information sent back from there.
There is still too little information to predict whether this wave of disease will have an impact on cities outside of Wuhan.
More than 90% of experts at the Institute of Economic Research believe that the worst case scenario will be the same as the SARS outbreak in 2004.
At most, it will have an impact on Han City, and will not have any impact on other places.
Although there was no problem with this prediction, Chen Pingsheng still frowned and thought about it for a long time.
He took out 3% of his Meituan shares and prepared to cash out all of them.
I originally planned to stay for another year or two, but Meituan’s current market value has reached 120 billion US dollars.
Converted into RMB, it is 800 billion Hong Kong dollars.
Even though it is the highest intermediary in the domestic catering industry, its market value is not low.
It is unlikely that it will rise much higher in the next few years.
Whenever a crisis occurs, stocking up on food is always the best option.
With this wave of cashing out, he can cash out 3.6 billion US dollars.
Converted into RMB, it is about 25 billion. Tengfei New Energy’s development funds for 2020 have been fully raised.
He used the money to prevent a larger outbreak of the disease.
Of course, he didn't think he needed more than 20 billion, and he planned to invest the extra 5 billion in Nvidia.
This stock has truly become a monster stock, rising and rising, as if it really has a chance to break through one trillion US dollars.
Before he invested another fifty, the rate had only risen from 1.4% to 1.7%.
Fifty billion is only enough to buy back 0.3% more.
Meituan's stock price is also rising sharply now. With the increase and decrease, he doesn't even know whether he has made a profit or a loss.
Anyway, he wants to reserve tens of billions of cash for himself there.
This is the sense of completeness.
Among the major stocks he invested in, the only ones with high returns besides Meituan are Pinduoduo and TikTok.
Pinduoduo has 5% and Douyin has 3.5%.
Pinduoduo is also a hot stock this year, and its growth is out of control.
The market value of this company is 150 billion US dollars, and Chen Pingsheng also decided to cash out 2%.
Another reserve of 3 billion US dollars.
He likes to prepare for the worst, in case this wave of disease cannot be eliminated in Han City, and even spreads for several years.
With the more than 40 billion in his hands, he can remain calm.
When it really comes to the critical moment, cash flow is king.
After cashing out another 20 billion, Chen Pingsheng stopped touching the valuable stocks in his hands. He didn't believe that he had 40 billion in cash in his hands.
What huge hurdle is there that you can’t overcome?
He kept the money secretly and told no one except his wife.
Prevent others from borrowing money from him.
Many well-informed companies in China have heard the news from Han City.
The analysis of the situation there is almost exactly the same as that of his own Economic Research Institute.
I think it will be over soon.
But no one knows how long it will last. Chen Pingsheng himself is the same, let alone others.
He even canceled his original plan to go back to Southern Province for the New Year.
It is more reliable to say that the cat is in Shanghai, or to be more precise, the cat is in Kingsoft.
After accumulating a huge amount of cash flow, he was no longer panicked at all.
The money he has is enough to cover the salaries of his physical stores for a few years if they are closed.
There is no high risk involved.
(End of this chapter)
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