The Birth of Shanghai's First Conglomerate

Chapter 130 I Became a Peerless Master

on the way home.

Chen An'an was so excited that she even vigorously demonstrated her Mantis Boxing style.

"Dad, wasn't I amazing just now? I made that chubby kid cry loudly with just one Mantis Flying Kick."

Chen An'an sat in the passenger seat and laughed loudly.

Chen Pingsheng had no idea where her confidence came from.

That's called speed; it's clearly about outgrowing the opponent by growing horizontally.

Chen An'an was very excited to win his first match, defeating the young opponent 1-0.

When he got home, he even pulled his three-month-old sister aside and bragged wildly.

Chen Xinyi no longer needs to sleep in a baby chair every day; she rolls around at three months, sits at six months, and crawls at nine months.

She can now roll around on her own little bed.

She would chuckle and drool as her sister made something interesting.

Chen An'an adores her younger sister and often takes her outside to watch her practice boxing.

Before, I could only play for half an hour at most a day, but now I can play for an hour or more without stopping.

"Dad, come here quickly."

"What are you doing?"

Chen Pingsheng lay on a cool chair, drinking milk tea and enjoying the autumn evening breeze.

He's living such a carefree life, what does this big kid want from him?

Chen An'an was bursting with confidence. She put one hand behind her back and, with an air of superiority, extended her left hand and beckoned.

"Come on, I want to challenge you with one hand."

What gave her this self-righteous delusion?
Chen Pingsheng walked over, and Chen An'an struck a pose like a fat praying mantis with a serious expression.

I always feel like I could take on ten of them.

"Come here."

As Chen Pingsheng approached, Chen An'an was about to make a move when he was struck on the forehead by a palm.

The little hands couldn't move no matter how hard they tried.

Chen An'an asked anxiously, "What kind of unparalleled martial art is this? How can it be so powerful?"

She has been completely suppressed.

Chen Pingsheng said, "I call it having long arms."

"Huh?" Chen An'an was dumbfounded. She didn't think she had ever heard her teacher mention that there were such powerful martial arts in the martial arts world.

Chen Pingsheng stopped teasing her. If this little brat wasn't put down, she'd be willing to take on ten Tysons if they stood in front of her.

"It's time to eat."

Song Yanxi came out and called out to the father and daughter who were making a fool of themselves.

Chen An'an seized the opportunity to back down and finish his work.

"Dad, I wasn't prepared this time. Let's try again next time."

Still not willing to admit defeat.

Chen Pingsheng stood with his hands in his pockets, a smug look on his face.

Inside, Bai Xin and Jiang Peiyao were still teasing Chen Xinyi.

The family was eating at a restaurant when they learned that their daughter wanted barbecue, so her mother specially ordered some to bring back.

Chen An'an ate the lamb skewers one after another, enjoying them immensely.

Song Yanxi also served her some side dishes.

Chen An'an quickly finished her meal, and then went outside to practice boxing by herself.

Don't be too diligent.

After finishing his meal, Chen Pingsheng elegantly wiped his mouth with a napkin and asked, "Yanxi, did you receive a deposit of 1.5 million into your account today?"

"correct."

Song Yanxi asked curiously, "I was just about to call you and ask what's going on?"

"It was raised at a class reunion; it's the 1.5 million yuan funding for 'Boiling Sheep'."

Chen Pingsheng took another sip of tea.

Song Yanxi was somewhat shocked: "How did you manage to secure the Series B funding for Boiling Sheep so quickly?"

She thought it would be at least until the end of the year, because there were still too few Boiling Sheep stores.

A valuation of 500 million is unrealistic.

Chen Pingsheng laughed and said, "That's because your husband is so charming. They all trust me. My classmates, except for one woman who somehow got in, are all quite well-off. Just the other day, Tong Zhelan organized a gathering, and she secured 100 million yuan in funding for her shared bicycle project with just one word."

"so smart?"

"It's really awesome."

Chen Pingsheng didn't know if she was referring to the class or Tong Zhelan herself, but either way, they were both quite impressive.

"Uncle, Boiling Sheep is valued at 500 million. The 15% stake that Senior Sister holds is worth 75 million."

Bai Xin asked curiously. Chen Pingsheng shook his head: "Not that much. All three of us will dilute 30% of our shares at the same time. I originally owned 70% of the shares, but after this financing, I will only own 49%. However, after this money is spent, the next valuation of Boiling Sheep will be at least 12 billion."

So exaggerated.

Not only Bai Xin, but also Jiang Peiyao, who was standing next to her, thought this way of making money was outrageous.

Just like that, I tossed it around left and right.

Boiling Sheep is about to be worth over a billion.

Let's not even talk about how much money the senior sister can make; her brother-in-law must be making at least several hundred million.

This is just one project in his hands; if there were any others, his little head wouldn't even dare to think about it.

At her age, she only has a concept of "ten thousand"... and she's a bit confused about adding "hundred" before "ten thousand".

It's impossible to calculate, it's really impossible to calculate.

Too much.

"By the way, Bai Xin."

Chen Pingsheng gave some instructions: "Tomorrow, have Jiang Yilei spread the word about this, and also have Liying personally produce a promotional video."

"OK."

Bai Xin readily agreed, and as they were about to leave, he reminded them to get Pei Yao's driver's license as soon as possible.

How can a young lady like you not have a driver's license?

After she finishes her exams, I, as her brother-in-law, will definitely buy her a nice car.

Of all his wife's younger cousins, Jiang Peiyao is the most beautiful.

After Song Yanxi finished cleaning up the dishes, she took him to the backyard to chat.

This 1.5 million yuan financing came much faster than expected.

According to Tong Zhelan, this money must be spent within six months, meaning that Boiling Sheep should launch its Series C financing while the iron is hot after six months.

That's how capital works; it's all about efficiency.

Song Yanxi only showed slight concern; her focus was still on her own Shuiyun Pavilion.

Another thing is to purchase a batch of high-end beauty equipment.

Shuiyunjian has very high profits and doesn't need any subsidies. Once the nine stores that have been renovated with an investment of 90 million yuan open together before the end of this month, they will have 14 top-tier luxury beauty salons in Beijing.

These 14 clubs alone will generate no less than 400 to 500 million yuan in profit annually.

Life has become truly comfortable.

Song Yanxi lay on the lounge chair, turned slightly to the side, and asked, "Honey, when we first started doing beauty treatments, we never thought it would be so profitable, did we?"

"Of course not."

Chen Pingsheng himself was quite surprised. He felt that the profit was much higher than that of opening a fruit shop, and they were not even in the same league.

Even internet companies don't have such terrifying profits.

It's really similar to trafficking in that kind of thing.

Once the high-end equipment they invested in is shipped over from overseas, the profits will only be more outrageous.

Chen Pingsheng said, "There is a three-year tax exemption period. After three years, we will have to start paying corporate income tax. I have an idea that I would like to discuss with you."

"What are your thoughts? Tell me."

"Let's give the beauticians at Shuiyunjian another raise."

Chen Pingsheng said, "Our family is actually not short of money, but the housing prices just keep rising. Sometimes I think to myself, what is the point of us making so much money?"

“Take Shuiyunjian for example. Although the salaries we offer are among the highest in the industry, it’s still a long way off to buy a house in Beijing with that income. Every month when we do the accounting, we find that even though we’ve offered such high salaries, the employees’ wages still account for less than 15% of the store’s total revenue.”

“I want to raise that percentage to 30%.”

Song Yanxi asked in surprise, "Doesn't that mean the price has more than doubled? A price of 20,000 has directly become 50,000?"

"more or less."

Chen Pingsheng said, "A single Shuiyunjian clinic has less than 30 beauticians. Even if each one gets a raise of 10,000 or 20,000, it will only add 7 or 8 million a year. My husband and I will earn a little less, but we can enable these hundreds of girls from other places to buy cars and houses in Beijing with their own hands."

"Actually, I just hope that the income of my company's employees can keep up with the high housing prices, and that they can all work hard to create a better life in the future."

"This wish is also my way of praying for my children as a boss. If in the end only the two of us are worth tens or hundreds of billions, while all the employees can't even afford a house, I feel like I've been a boss for nothing, and I've let down the parents who sent their children to our company from afar. Tell me, which family with good financial conditions would send their daughter out to do beauty treatments?"

"really."

Song Yanxi seemed surprised that her man had such a loving heart.

The more I watch it, the more I like it.

How much money can you earn indefinitely?
Does happiness really have much to do with money?
She used to think she had it, but ever since her family bought a big villa and accumulated hundreds of millions in savings, she no longer feels that way.

With a car and a house, even if you're a little frugal, you could never spend a hundred million in your lifetime.

Perhaps what remains is a sense of responsibility.

A true sense of responsibility as a boss and an entrepreneur.

Song Yanxi felt that it was a good idea to give her employees a raise, even if it meant her family would earn a little less.

But it can give hundreds or even thousands of beauticians a better chance to live.

Isn't this a kind of happiness?

(End of this chapter)