The next day, the school was closed.
The four girls in the first year of high school each had their own way home, and there were a lot of parents' cars outside the school.
Chen Pingsheng still drove the Volkswagen Passat that he used to pick up women.
This is not low-key among all the parents' cars, but it is a bit too ordinary.
There are many luxury cars in Shanghai, and anyone with a little income can drive a BBA.
It was because Big Butt didn't want people to know his true identity that he bought a Volkswagen Passat worth more than two million yuan.
He has been very busy recently. After being busy, the most important thing is to pick up a few children and ask about their studies.
Then see if they have any difficult problems to solve.
Chen Anan came out quite early, with her other two roommates.
Chen Pingsheng immediately called out, "An An... this way."
"Dad, why did you come here alone?"
"Your mother is in a meeting, and I happen to be free today. Besides, what could be more important than taking your daughter home for the holiday?"
Chen Anan giggled, overjoyed. "Dad, there's another girl in our dormitory who really admires you."
"Really? Is my charm strong enough to influence high school students?"
"I can't say how charming you are, but I'm sure there are many people who admire you throughout Jinshan."
After Chen Anan got in the car, he asked him again, "Dad, why are you so often on the news lately? Didn't you really hate these things before?"
"There are some special reasons. It won't be like that after this period of time."
He originally wanted to leave immediately, but who knew that a domineering woman came in front of him. She didn't pick up her own child and blocked the car in front, not letting anyone go.
If it weren't for the ban on honking, based on that woman's behavior, I'm afraid all parents would vent their dissatisfaction by honking their horns.
"Who is that woman? She's quite domineering!"
"She is indeed overbearing. Her daughter is a classmate of ours, and she usually doesn't take other students seriously."
“Is that so?”
Chen Pingsheng still obeyed the traffic rules honestly. When he met such a domineering and unreasonable woman, what else could he do except sit in the car and wait!
Everyone who went to negotiate with her was scolded back.
"Dad, do you think we should make a Tik Tok video to make her popular?"
"That's unnecessary. It seems a bit too damaging."
Although he said this, Chen Pingsheng still silently took out his mobile phone, zoomed in on the situation in front of him, and took a very clear picture of the domineering woman who blocked his way.
Some people are just so unreasonable. Unless they meet someone more senior than them, they don't care about what others think.
She doesn't even care how much trouble she causes to others. The woman in front is obviously such a person.
Among so many parents' cars, she was the only one who parked her car in the middle of the road.
The car is also very good, it's a Rolls-Royce Ghost.
Chen Pingsheng had been waiting for almost twenty minutes before her daughter came out.
"Dad, why don't you drive our nice car next time? That way no one will dare to stop you."
"That's not necessarily true, but driving a luxury car does help you avoid some of these minor troubles."
The father and daughter returned home, and Chen Anan had a few days off this time and could have fun at home again.
Home is still comfortable. This huge villa has everything you need.
When Erpi Ya came home, she followed her sister and asked if studying in high school was stressful.
Is it easy to get first place?
Chen Anan didn't want to talk to her, feeling that it was not very interesting. The main reason was that Erpi Ya always thought that being second was harder than being first.
She herself is like this, but her sister is not like this.
After Yanxi came back, Chen Pingsheng told her that he was going to Guangzhou to discuss the reorganization and merger of Tengying Entertainment and Tengyou Media.
Another way to understand it is to let Tencent Media directly acquire Tencent Pictures Entertainment at a cost of 80 billion.
Tengying Entertainment's profitability has not met expectations in recent years. Instead of wasting time like this, it would be better to let Tengyou Media complete the acquisition directly.
The next day.
He took his private plane to Guangzhou and brought the big kid with him.
His recent acquisition of Wanda Commercial Management caused quite a stir, and it's time to sort out some of the traditional businesses under his control.
To ordinary people, Tengyou Media is just an internet celebrity economy company, while Tengying Entertainment is a super entertainment company that owns half of the top celebrities in the entertainment industry.
Even if the two companies want to merge, it will be Tencent Film Entertainment that acquires Tengyou Media.
Because most people have the inherent impression that celebrities are much more advanced than internet celebrity economic companies.
But in the eyes of the capital market, Tengying Entertainment cannot compare with Tengyou Media in terms of scale or profitability.
You should know that Tengyou Media not only has over 350,000 contracted union anchors, but also has no less than a thousand small internet celebrities with millions of fans.
Some are popular for a few days and then quickly fade away, while others can remain popular for several months.
An internet celebrity who can remain popular for a whole year must have his or her own core advantages.
For example, Li Ziqi, who was badly cheated by her own company, has stopped updating for so long, but news about her is still endless on the Internet.
This is the real top anchor.
In terms of profitability alone, Tencent Film Entertainment is at least ten blocks behind Tencent Media.
If Tengyou Media acquires the entire Tengying Entertainment, it will be very likely to help it achieve a market value of 500 billion yuan.
It can also improve the high-end celebrity resources of the entire Internet celebrity industry chain.
Same.
For Tencent Entertainment, once this merger and acquisition is completed, it means that the stars who previously received options can cash out smoothly.
In the current market situation, if there is no big capital to acquire it, as soon as the options held by those celebrities are sold, the stock price of Tencent Entertainment will immediately plummet.
The stock market is so fragile now, and that is why no big star opposes this merger plan.
After all, Tengyou Media is also owned by Chen Pingsheng. Now, by transferring the money from one hand to the right, not only can the stars who own options cash out smoothly.
It can also make Tengyou Media's stock price rise rapidly, which can be said to kill two birds with one stone.
By the time Chen Pingsheng landed at the Guangzhou Baiyun headquarters, it was already three o'clock in the afternoon.
Secretary Zhang Wanyi and a large number of company executives have been waiting here for a long time. In addition, a group of big stars from Tencent Entertainment, including Liu Yifei, Yang Mi, Zhao Liying and others are also waiting here.
This is not a small business, but a matter of cashing out their billions of shares, so naturally they are more active than anyone else.
Currently, the market value of Tengyou Media is as high as 320 billion yuan, while that of Tengying Entertainment is less than 80 billion yuan.
Chen Pingsheng already had a merger and acquisition plan before he came here. He came here just to inform everyone and let everyone be mentally prepared.
The first step is to announce to the public that an additional 20% of Tengyou Media’s shares will be issued.
What does it mean?
For example, Tengyou Media’s shares were 100% before, but through this additional issuance it will become 120%.
Shareholders who do not contribute money will see their equity diluted to a certain extent.
Of course, once the acquisition is completed, the diluted equity will be completely insignificant.
Because after Tengyou Media completes this acquisition, its market value will at least increase to more than 400 billion.
The purpose of issuing additional shares is to raise money, and the purpose is very obvious.
Tengyou Media will receive nearly 60 billion yuan in one go through this additional issuance.
Of this, 45 billion is used to buy back the absolute controlling stake in Tengying Entertainment...51%.
And this money will also flow into the hands of those who own shares in Tencent Entertainment.
For example, if Chen Pingsheng still has 10%, he can get 8.5 billion.
Zhao Liying also has 4.5%, and can also get about 4 billion.
Yang Mi owns 5%, Liu Yifei and Chen Teng who joined later, and Wu Jing and others own a little less.
But at least 1.5 to 1.6 billion can be cashed out.
The reason for pushing forward this merger and acquisition is that the ten-year period has expired, and the options in everyone's hands cannot be just a string of numbers. Chen Pingsheng must find the most appropriate way for them to cash out.
After completing this cash-out, everyone will definitely be financially free, but not without conditions.
That means signing a new 15-year contract with Tengyou Media, and the contract is almost exactly the same as before.
If everyone has just cashed out, they will leave Tencent Entertainment immediately.
That means that what Tengyou Media got back was just an empty shell.
Of course it wouldn't do such a stupid thing.
It can be said that the biggest benefit of completing this merger is that it allows everyone to get the best way to cash out.
After Tengying Entertainment's major shareholder was changed to Tengyou Media, it was able to stop its previous decline as quickly as possible.
This is its ultimate meaning.
The capital market has always been like this. Forming alliances and expanding through buying has always been the fastest business model.
Tengyou Media has become the major shareholder of Tengying Entertainment, so it is no longer an internet celebrity economic company in the general sense.
In addition, it also has a listed department store company and a listed company in the clothing field.
In addition, Chen Pingsheng also plans to split the cinema operation rights from Wanda Commercial Management and sell them to Tengyou Media for no less than 3 billion yuan.
This allows it to complete the double expansion of its entertainment and offline theaters in one step.
It can be said that if his traditional listed companies were separated, they would be in crisis at every step according to the current market conditions.
If they are combined in the best way, the previous ten small kings can be combined into three big kings.
The capital integration here is undoubtedly very complicated, but the final result is very optimistic.
As soon as the news of Tencent Entertainment's acquisition came out, the stock price rose for seven consecutive weeks.
The rise will continue for a long time. Tengyou Media has also maintained a trend of rising stock prices in just a few days.
This is good news.
The integration of capital is only the first step. The second step is to make good use of the advantages of short videos to improve the entertainment industry's continuous decline in recent years.
If you really want to merge the two giant companies, it will be impossible without several months.
Chen Pingsheng did not participate in the actual integration afterwards, he only made some reasonable suggestions.
For example, Tengying Entertainment can continue to operate independently, but when Tengyou Media needs its resources, including setting up new project teams, Tengying needs unconditional support.
After all, the downturn in the entertainment industry is a fact, and short videos are the current youth economy.
in addition.
Wanda Commercial Management’s resources are also beginning to be connected here.
Once it is fully integrated, Tengyou Media will surely become a newly emerging large unicorn group in China that spans entertainment, short videos, department stores, and investments.
If possible, Chen Pingsheng even hopes to sell Feiyangyang to Tengyou Media.
But its price of 6 billion is nothing to Tengyou Media.
The key point is that even after the sale, there is no guarantee that Tengyou Media will be able to successfully turn losses into profits.
However, you can still give it a try or two. After all, there are so many internet celebrity resources there. You can fully utilize the abundant internet celebrity resources to make Feiyangyang a leading internet celebrity catering company again.
The first thing Chen Pingsheng tried was to send the message to the outside world to see how the capital market would react.
If Feiyangyang's stock price rises sharply after this news, it means that this matter is feasible. If the stock price falls, it means that the capital market is not optimistic about this acquisition.
Just three days after he released the news, Feiyangyang's stock price saw a sharp rise.
It seems that the capital market is also quite optimistic about the combination of internet celebrity economy and traditional catering.
Chen Pingsheng called Zhang Wanyi and asked the two teams to negotiate on their own. The stock price of Feiyangyang has reached the floor price. With the current size of Tengyou Media, it can be said that it can be acquired without any effort.
The valuation was given as 8 billion.
This time, Tengyou Media is not acquiring Tengying Entertainment like it did when it acquired it, but only taking a 51% controlling stake in it.
Instead, he directly took out 8 billion and took back all of Feiyangyang’s shares.
With this stock price, it’s better to just announce delisting first.
After the business is well run, we will apply for listing again.
Wanda did this before, but unfortunately it failed. Now Tengyou Media is doing the same, obviously believing that Feiyangyang’s market value is seriously underestimated.
They will have to take back all the shares and completely complete the internet celebrity economy + traditional catering before they will reapply for listing.
I have to say that Zhang Wanyi has some confidence to take this step.
At their current level, they are no longer limited by improving business methods in the general sense.
It is a bigger capital game, making huge profits through capital games.
This is much better than making general profits in the traditional sense.
Tengyou Media has done this twice before, and both were undoubtedly very successful.
That’s why its market value today exceeds 300 billion yuan, and it’s about to reach 400 billion yuan.
After dealing with Feiyangyang, Chen Pingsheng felt relieved.
Otherwise, it would be a bit ridiculous to subsidize it with 400 to 500 million yuan every year.
Although this amount of money is nothing to him, as a successful businessman, there is no reason for him to keep losing money.
Now, after selling it to Tengyou Media, let it do whatever it wants.
Zhang Wanyi came up with a good idea, which was to divide the restaurant into small regional business areas without changing Feiyangyang's traditional catering.
In these small business areas, we introduce big internet celebrities to invest. These big internet celebrities have traffic, and if you let them open stores on their own, nine out of ten times they will lose money.
But if you ask them to drive traffic to the store, they can do a very good job. (End of this chapter)
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