The Birth of Shanghai's First Conglomerate

Chapter 141 Taishan Live Broadcast
The couple has always managed their household finances separately.

The profits earned by Shuiyunjian, including the dividends from Tengsheng Fruit, are all managed by his wife.

Chen Pingsheng himself was in charge of Tengsheng Entertainment and Fei Yangyang.

Aside from investing 100 million yuan to buy imported equipment, she has hardly touched her dividends.

The couple started to check their accounts at home.

Chen Pingsheng originally left 150 million yuan for Tencent Entertainment to invest, but after investing 90 million yuan, only 60 million yuan remained.

Although movie analysis functions are available, finding a movie that makes money is still a rare and precious opportunity.

He could only analyze one film a day, and after half a month, he still hadn't found another film that would make money.

He simply stopped coming to Tengying and just let things do as they pleased for now.

Anyway, after investing in this movie and a TV series starring Zhao Liying this year, Tencent Pictures' profits should be around 500 million next year.

It's more than enough to support Tencent Entertainment's valuation of 5 billion.

Next year, the three-year tax exemption period for his new startup will expire.

His wife has already invested in 25 Shuiyunjian Clubs in Beijing.

Eleven more are currently under renovation.

Currently, there are nearly 400 new store beauticians undergoing training at headquarters.

There are approximately 960 interns.

Among them were seventeen who had started dating shortly after arriving, and their parents were notified to pack them up and send them home.

These girls are quite restless; they can find a boyfriend just by going out for a late-night snack.

If this place isn't opened, what will become of Shuiyunjian?

He doesn't want 17 or 18-year-old girls who like to date casually.

"Honey, the ten newly renovated stores are not expected to open until February. By then, we'll have already gone home for the Chinese New Year, right?"

"almost."

Chen Pingsheng spent over 500,000 yuan on a super self-rebound mattress. Lying on it, he pretended to read a book while reaching his right hand inside his wife's clothes to check her body.

The key is whether the person has gained weight recently.

"If we really can't open until the Lunar New Year, then let's postpone it until after the Lantern Festival. We're not short of ten days. Let the beauticians stay home and celebrate the New Year in peace before coming back to work."

Song Yanxi turned to the side and drew circles on his body: "Didn't you say you were going to hold a grand night at the end of December? How are the arrangements?"

"almost."

Chen Pingsheng's only disappointment was that the random multiplication rate had decreased.

However, as long as we can get five or six hundred million, we can draw a middle multiple.

That's a huge amount of income.

This money is crucial; it relates to his plans for a large-scale retailer next year.

Actually, he had always had a concern, which was that all the storefronts of his family's businesses were rented.

What if a major crisis strikes one day, and half the number of people shopping disappears?

These storefront rents will definitely be a huge straw that crushes traditional industries.

And none of his current businesses, except for Tencent Film, can avoid this.

Therefore, in order for a family business to thrive, traditional businesses must have their own storefronts and commercial real estate.

The hypermarket was the commercial real estate he heavily invested in.

As long as these commercial properties belong to his family, he should be safe no matter how things change outside.

To reiterate, although he runs a traditional business.

However, you absolutely cannot operate entirely by renting storefronts; you must own reliable commercial real estate.

Even if these companies go bankrupt one day due to poor management, he can still make a living by relying on his commercial real estate holdings.

Therefore, this money is very important.

How's the groundwork going with your clients?

"No problem. Most beauticians with high-end clients have already told them in advance. If we start an event like this six months in advance, we might be able to close six or seven hundred million deals."

Song Yanxi still had a lot of confidence in Shuiyunjian's clients. Chen Pingsheng chatted with her for a while longer, and Principal Hu from the village and Teacher Shen Qing also called her once.

The main question is about the two million yuan donation for education. Also, the Wangcai Primary School, which they invested ten million yuan to build in their rural hometown last year, is almost finished.

The village and the county both hope that they can go back to cut the ribbon after the new primary school is completely built.

The deputy county head will be there.

Many important figures will also attend.

Upon hearing this, Chen Pingsheng refused without hesitation.

The county's desire for them to return for the ribbon-cutting ceremony is understandable.

But this clearly shows that they are hoping they will also donate some money to the county.

This wouldn't have been a problem in itself, but the key issue is whose achievements are being highlighted after the money is donated?
You want him to pay money when you haven't even figured this out? No way!

The smaller the place, the more complex the political landscape becomes.

You donated to him, but not to anyone else.

Then the other person will automatically categorize you as one of their people.

In short, one should be close to the government and keep a distance from the ruling class.

Yang Qian's father is a typical example.

He works fine when you need him, but you can easily get him thrown in when you don't.

Of course, this is also largely due to his own irregular business practices.

He just didn't want to get involved in those things.

Besides, his businesses are all in Beijing, so he doesn't need to deliberately get close to anyone.

After understanding his thoughts, Song Yanxi transferred the two million yuan scholarship money back to Wangcai Primary School's account.

As for going home for the ribbon-cutting ceremony, he naturally declined.

The next day, Chen Pingsheng went to the Beijing headquarters of Boiling Sheep.

Currently, there are more than 70 Fei Yang Yang Hot Pot restaurants in Beijing, which are quite famous locally.

Meanwhile, Gao Hu's progress in Shacheng was equally impressive, with over twenty projects already under renovation.

The opening date is expected to be around the Chinese New Year.

After careful calculation by the finance department, Boiling Sheep's current net profit is maintained at around 3%.

The more than 70 local businesses in Beijing have a monthly turnover of approximately 60 million yuan.

The monthly revenue of a single store is generally maintained at over 600,000.

After deducting all expenses, the monthly profit is approximately 180 million.

It seems like a lot, considering they've already invested over 200 million yuan in Beijing.

Of course, there are still dozens of houses under renovation.

With such a small profit, it's not even enough to raise wages.

However, his employees are already earning top salaries in the industry.

After working here for more than a week, he finally went to Changfu's place.

This was actually the first project he invested in after founding Teng Hui Capital.

Although it wasn't a lot of money, only five million.

But strangely enough, starting from the first month after the business opened, Chang Fu deposited more than 200,000 yuan into his account.

After that, it was more than 500,000 every month.

As it turned out, his small investment was a great success.

Chang Fu may seem carefree, but he's actually quite adept at managing those women who do live streaming.

Unfortunately, although the profits are substantial, the market potential for live streaming is still too small.

He never came even once.

"Everyone, please stop for a moment."

(End of this chapter)