Chapter 595: About to Explode



The field of big health is bound to explode.

In fact, as early as two years ago, many top billionaires had placed their bets on this track.

The main reason is that aging is coming. You should know that the period when the domestic population was the most concentrated was the 1950s and 1960s after the founding of the People's Republic of China.

There were also many in the 1970s, but family planning was not implemented until the 1980s.

How old are people born in the 1950s and 1960s now?

As people age, they suffer from more diseases. With so many people entering old age, it is conceivable that the field of big health will be a trend.

This is the trend of the next era.

That’s not all. If the wave of illness in Wu City were to break out, the health of the country would be in unimaginable shape.

This is also the main reason why Chen Pingsheng took out tens of billions of yuan and let his wife start a business for the second time.

To put it bluntly, the market is large enough and fully meets the requirements for Shuiyunjian's second wave of entrepreneurship.

Time passed slowly, and it was the end of December in a blink of an eye.

Chen Pingsheng pays attention to Wu City every day, although the news from there has not yet spread widely.

But he is still very clear that there are channels to follow in real time.

How would you describe Takechi today?

All I can say is that the people inside have started to tremble and dare not go out, and panic is even spreading.

It hasn't been long since things have developed to this point.

If this continues, a city lockdown will become inevitable.

Not only was he paying attention to it, the entire Tengying Group was watching over there.

Anyone who still holds stocks in the catering industry or has invested in tourism companies is selling them all.

The same goes for hotels and the like. An unprecedented major change is about to come.

Chen Pingsheng had already sold all the related stocks, and he is now reminding his senior executives.

Don't take any chances and prepare for the worst-case scenario.

This thing spreads so fast, it's the fastest in history.

If it cannot be eradicated in Wu City, there is no doubt that it may spread to the entire country soon.

Once this happens, consumption will not be a matter of downgrade, but will suffer a catastrophic blow.

Any industry involved in it will be unavoidable.

When Chang Fu came to see Chen Pingsheng again, he had no choice but to talk about Gao Hu's Friends.

"This guy is totally out of luck right now. Even though his show Friends is incredibly popular right now, when this epidemic hits, I think the restaurant industry will be the first to fall."

He didn't need to remind her; this was undoubtedly the case.

Friends is too big, and it is harder for big stores to survive in times like this.

“It’s difficult. Very difficult.”

Chen Pingsheng himself was actually fine. After all, he had prepared so much money just to deal with this special crisis.

However, it is also true that the catering industry will definitely be hit hard.

Now many companies have begun to sell off catering stocks, and it is a big question whether countless listed catering companies can survive.

Companies without sufficient cash flow will definitely be the first to fail.

Not to mention that Gao Hu's company is just a startup. If no one helps him, it will definitely fail.

But...how can I help?

Once the right time is not right, how much money will it take to fill the gap relying solely on manpower?

This is also the reason why Chen Pingsheng said it was difficult.

Gao Hu has indeed changed a lot this time when starting his business. He no longer plays with women everywhere. It's a pity that he just works so hard as a chef.

"Old Chen, tell me the truth, what will you do if Gao Hu can't hold on any longer?"

"There's nothing we can do. We entrepreneurs naturally know what it means to go with the flow. My suggestion is that it's best to sell Friends directly to a large company right now. Maybe we can even get a good price."

Chang Fu also had the same opinion, but he was worried that Gao Hu would not listen to them.

If he tries to go against the trend, not only will he not make any money, but he will also be in debt.

Chang Fu was helpless, he actually had the same idea as Chen Pingsheng.

He has already given Gao Hu 100 million yuan, and he might be able to make a lot of money by selling it now if Wu City explodes.

It's too late for everything.

Whenever Chang Fu couldn't make up his mind, he would like to consult Yang Qian. Yang Qian herself was overwhelmed by this wave of illness.

Lujiao Coffee has more than 6,000 directly-operated stores in China alone.

You think she will have an easy time, but she still has to vigorously transform into the food delivery business.

Coffee shops are definitely better than those big restaurants, but when the snow falls, no one will be able to stay clean.

"Old Chang, are you crazy? How many employees does Gao Hu have? How many employees does Tengying Group have? Do you know how many employees are out of work because of the evacuation of Wushi alone?"

"Of course I know that. I'm just afraid Gao Hu will make the same mistake as Zhang Tao."

Chang Fu said, "Old Chen has a large family and a huge business, no matter what. You don't really think he'll be in danger, do you? You're underestimating him. I'm sure, even if we assume the worst-case scenario, even if all of you employees at Lujiao Coffee close for three years and don't make a single cent, he'll still be able to pay you all without missing a cent."

"It's not a question of how much money he has."

Yang Qian said, "It's just that everyone is under pressure right now. Tengying Group has too many employees. Guangming alone has over 600,000 employees. If you really assume the worst-case scenario, and you have to pay salaries to these 600,000 people, use a calculator and calculate how much money it will cost."

"That's not right. Didn't he say at the group meeting three years ago that each company should reserve its own cash flow?"

"I did, but who could have imagined the situation in Wu City would be so serious? Even Tengying Entertainment, which has the highest cash flow, would have to close down if it didn't open for two years. Other businesses, including my Lujiao Coffee, could only last six months at most."

To hold on for six months means that the stores must be closed and unable to operate.

The store still has to pay rent normally and employees still have to receive their wages normally.

Every day when I open my eyes, I have to pay rent for thousands of shops, all of which are in good locations, and I also have to pay salaries to tens of thousands of people.

The pressure is terrifying just thinking about it.

So, don’t think that Chen Pingsheng is happy just because he has a lot of money.

He has a lot of money, but he has even more employees and offline stores. Otherwise, he wouldn't have been able to cash out 40 billion in an emergency.

To put it bluntly, there are too many things involved.

Moreover, no one can accurately estimate how big the impact will be.

Gao Hu only has a few stores, so closing or selling them won’t have much impact.

Any slight movement on his side would mean food for tens of thousands of people.

At this time, let alone helping Gao Hu, being able to save yourself is a blessing in disguise.

Chang Fu called Gao Hu and told him about the current basic situation.

In general, Lao Chen himself has no idea about this crisis.

It was impossible to make an accurate judgment, but he had already asked the entire group to prepare for the worst.

The first principle of the so-called worst-case scenario is to ensure that employees’ wages are not reduced and layoffs are not carried out.

In other words, the interests of employees come first.

If the situation really gets that bad, with the size of Tencent Film Group.

You can't get by without tens of billions of cash.

Lao Chen’s original words were: If you can sell it, sell it quickly, don’t hesitate.

(End of this chapter)

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