The Birth of Shanghai's First Conglomerate

Chapter 189 Income Soars
7 month 12 number.

Amidst a persistently sluggish stock market, a shocking piece of news suddenly emerged that stunned the business world.

After a long period of acquisitions, Baoneng Group officially acquired a stake in Vanke, China's leading real estate group.

The term "shareholding disclosure" refers to a shareholding reaching 5%.

They have already qualified to join the board of directors, and a stock market battle ensues between encirclement and counter-encirclement.

Thus, the battle officially began, and Vanke's stock price surged in response.

foreseeable.

Next, both sides will have to spend real money to sweep up Vanke's scattered shares in the stock market.

For Baoneng, 5% is just the beginning of its takeover bid.

What he wants is absolute control of Vanke.

For Vanke, however, Bao Neng is a very unwelcome entity.

In Lao Wang's own words, Baoneng has no right to be Vanke's largest shareholder.

Under such circumstances, a counter-encirclement campaign would be inevitable.

The entire Shanghai and Shenzhen stock markets are watching this stock market battle, which can be described as the number one business battle in China.

Various financial news items are also emerging one after another.

The entities involved include state-owned assets, large local chambers of commerce banding together, and real estate giants like Hengda, which have also gotten involved.

Everyone knows about the stock market.

If there are many buyers, the price will inevitably rise sharply.

If there are many sellers, the price will fall accordingly.

And now, Vanke's stock is being snapped up by countless big players, who are buying it up like whales.

Baoneng Group spent 8 billion yuan in the secondary market to buy about 5% of Vanke's total A-share capital.

Currently, through its subsidiaries or a series of joint actors, it is preparing to spend tens of billions more to become Vanke's largest shareholder.

Chen Pingsheng, who spent 1.5 million yuan to buy Vanke shares in advance, is probably making several million yuan every day.

Vanke's stock price hit the daily limit as soon as the market opened, which shows that several major investors are already vying for a piece of the pie.

He didn't pay much attention to it; such a large-scale operation certainly wouldn't end in the short term.

The stock he holds is so volatile that it could earn him millions more every day.

Consider this as pocket money for my little rascal's shopping in Shanghai.

July 13th.

Yang Mi arrived in Shanghai like a queen, making a big splash.

The 14th was the national franchise conference for Bobo Milk Tea, and the screams at the scene were almost non-stop when she appeared.

The entire franchise conference resulted in the signing of over 800 franchise agreements.

The booming milk tea industry was already foreseeable.

The franchise fees alone amounted to nearly 90 million yuan from a single meeting.

Next, Bobo Milk Tea will use 60 million of that money to open self-operated stores.

It is expected that by September, there will be about 400 self-operated stores and about 2,000 franchised stores.

Bobo Milk Tea, which has only been established for a little over half a year, has achieved a business miracle.

Its rapid development has left its peers speechless.

With a low-price strategy, endorsements from two top-tier female celebrities, and the recent hit drama "Hua Qian Gu," the brand has been a hit.

In addition, the intangible assets of the campus beauty and entrepreneurial goddess, along with a series of other factors, directly led to Bobo Milk Tea's miraculous market growth.

Who would believe that this is just a milk tea company that has been established for a little over half a year?

foreseeable.

The development of Bobo Milk Tea is only just beginning.

There are definitely even greater possibilities in the future.

The franchise conference far exceeded expectations, and Tong Zhelan even raised the valuation of Bobo Milk Tea to 2.5 billion yuan.

With this growth rate and asset-light franchise model, it's absolutely worth the price.

Similarly, the development of Bobo Milk Tea was handed over to Yang Qian, and Jiang Wei and his team were put in charge.

Having secured 90 million yuan in franchise fees, Bobo Milk Tea not only needs to help franchisees open stores and conduct marketing, but also needs to open its own directly operated stores in major first-tier cities.

I'm definitely going to be busy for a while.

Chen Pingsheng didn't pay much attention to that side, because Tong Zhelan had already signed an IPO plan with two securities companies and three small conglomerates in Hong Kong at her headquarters to sell 60% of Bobo Milk Tea's shares.

This can be considered as officially embarking on a backdoor listing.

1.5 billion has been received.

Bobo Milk Tea also became the first investment project successfully incubated by her Honglan Capital.

The initial investment was 30 million.

She personally received 10 million, and then another 30 million was added, so she received another 10 million.

The total investment in Bobo Milk Tea is 60 million.

She invested nearly 20 million, acquiring a 30% stake.

The current valuation is 2.5 billion, which is more than 40 times the original value.

With 1.5 billion in hand, she personally gave up 18% of the shares, which is 450 million.

The remaining 12% will have to wait until Bobo Milk Tea is officially launched.

With a massive population of 12 billion in China, plus two securities firms in Hong Kong, and three small financial groups jointly underwriting the deal.

It's only a matter of time before Bobo Milk Tea is officially launched.

It depends on how things work out there; anyway, she has already gotten back more than twenty times her investment.

As for Chen Pingsheng, he personally owns 22% of the shares.

The shares to be given up are 13%.

"Ding, congratulations host, your accumulated income today is 320 million. Would you like to activate random multiplication?"

Taking the company public did indeed result in a random boost from the "golden finger" master.

Chen Pingsheng was very happy.

You should know that this kind of money is no small amount; a single transaction can easily amount to hundreds of millions.

If he can help Boiling Sheep complete its IPO this year, it will be worth at least 700 to 800 million.

Then shake it again, and you'll have dozens of small goals no matter what.

The direction he had set earlier worked out, and he could focus on it for the next few years.

The success of Bobo Milk Tea gave him a lot of confidence.

Just as Tong Zhelan said, this project requires little investment and develops rapidly; once it is replicated, it is like a wild horse that has broken free of its reins.

Incredibly fast.

Looking at the entire domestic milk tea market, no other brand can match its speed.

Actually, this is mainly related to the characteristics of this industry.

After all, the dry milk tea business is mainly run by young entrepreneurs.

While he was making milk tea, he already owned top-notch Tencent Entertainment and Tengsheng Fruit, a traditional chain store that spanned the entire capital city.

His net worth is still in the billions.

Anyone with his wealth would have no interest in the milk tea industry.

and so.

The entrepreneurs in the same industry are all very small competitors.

Those who can afford to start a business in this industry with several million are considered top-tier players.

With his billions in assets, overwhelming him would be akin to a dimensional reduction attack.

This also made Chen Pingsheng deeply understand a principle: choosing the right track is important, but choosing the right competitors is equally important.

Playing against weaker opponents makes it significantly easier to make money.

Bobo milk tea is exactly like that.

They didn't see anyone along the way who could put up a fight against them.

It all relies on celebrity resources, hit TV series, and extensive marketing.

They won by a landslide.

"Chen Pingsheng, Sister Mi wants to have a couple of drinks with you."

Yang Mi was also very happy, considering she had only been with Tencent Pictures for a short time.

Here we will launch the Bobo Milk Tea Dried Tofu.

She cashed out 9% of the shares, which is 2.25 million.

Sometimes making money really is that incredible.

She thought she was already making enough money from acting, but then she started a project and ended up cashing out over 200 million yuan.

There are also shares worth over 100 million yuan.

This one project alone is equivalent to her filming for two or three years.

It's not the wine that intoxicates, but the person themselves.

Yang Mi was slightly tipsy and was the happiest person at the entire celebration banquet.

Chu Qiuyan owns 12% of the shares, and this time she successfully cashed out 7.2%, obtaining 1.8 million yuan.

Yang Qian and Jiang Wei each received 5%, with each person cashing out 3%, netting 7500 million.

You can't compare yourself to them; if you compare yourself to working-class people, then you've reached the ceiling.

This is Chen Pingsheng's entrepreneurial culture: everyone makes money together.

The one who cashed out the least was Zhao Feifei, who cashed out 1.8% of her 3% stake, earning 45 million.

Even if housing prices are high, she can easily live in a larger, top-tier city.

For a college student who hasn't graduated yet, this is already the ceiling.

That's the allure of going public.

Everyone is riding the wave of financial freedom.

Unlike their revelry, Tong Zhelan had very big ambitions.

Her investment in Xiongmao Live was a clear failure, while she achieved great success with Chen Pingsheng.

Besides Bobo Milk Tea, the two have also collaborated on Boiling Sheep and Tencent Video.

Boiling Sheep has completed its Series C funding round of 15 billion RMB. It will only be able to start its Series D round once that money has been almost used up.

She also saw great potential in Chen Pingsheng; he truly deserves to be called a first-generation entrepreneur who climbed up steadily and surely.

Once given a suitable project, he can absolutely create a very satisfactory result for you.

Tong Zhelan brought up her previous suggestion again: to open a coffee shop and sell coffee.

Besides Starbucks, you can't name another coffee chain brand in China right now.

In first-tier cities, there are a lot of people who drink coffee.

This is absolutely a vacuum market, and of course, the market potential is definitely more than ten times higher than that of bubble tea.

Starting a business is just as difficult.

After all, a cup of milk tea only costs around ten yuan.

The target audience is large and very broad. However, coffee consumers are mainly urban white-collar workers or corporate executives.

The two groups have completely different consumer groups.

Chen Pingsheng needs to think about this.

The main reason is that he doesn't drink coffee. If you want to do something, you have to have a thorough understanding of it and make sure you like it.

Of course, he still trusted Tong Zhelan's judgment.

Originally, it was estimated that the IPO would take another two months to complete, but she made a trip to Hong Kong and it was done in one go.

His connections are unparalleled; there are far more people than him.

After thinking it over, Chen Pingsheng decided that rather than opening a coffee shop, he would prefer to open one or two flagship stores of Shuiyunjian in Shanghai first.

This can also be seen as a preliminary exploration for the major relocation of Shuiyunjian next year.

Shuiyunjian is undoubtedly a well-known name in Beijing, but it is a newcomer in Shanghai.

Many things need to be started all over again.

Tong Zhelan asked him, "How much do you plan to invest in these two flagship stores?"

"One hundred million."

Chen Pingsheng said, "The best location, the best decor."

Tong Zhelan nodded, "This is quite easy to find."

You could open one right on the Bund; an investment of 50 million would be more than enough.

Flagship stores need to be high-end and sophisticated.

She instructed her subordinates to search, as Shuiyunjian was most likely in Shanghai looking for some partners.

Even if it never goes public, she still wants to collaborate.

The profits are too high, far exceeding those of typical traditional industries.

The celebration banquet lasted until 11 p.m.

Everyone went home after getting slightly tipsy, but Chen Pingsheng had already gone home long ago.

The following day, financial news broke that Bobo Milk Tea had raised 15 billion yuan in its IPO.

The news not only stunned the milk tea industry.

Even the entertainment industry was completely dumbfounded.

Yang Mi's former company, Jiaxing Media, was so angry that it immediately went silent.

When Yang Mi switched jobs, people here have been saying bad things about her.

Who would have thought that just a few months later, she would actually build a publicly listed company.

Heaven knows how outrageous that speed is.

"I seem to remember that Bobo Milk Tea was founded less than a year ago, right?"

"It's not even been a year. Last year it was just a ten-square-meter milk tea shop near our school gate."

The internet was in an uproar.

“Our college beauty, who hasn’t even graduated yet, cashed out 1.8 million yuan.”

"Upstairs, you call this a commoner school beauty?"

"She is indeed a commoner school beauty. Her family's financial situation was generally considered poor throughout the school, and she earned her own tuition fees for university."

"So exaggerated?"

"Yes, one day an uncle on a bicycle passed by her shop, was attracted by her story, and helped her establish Bobo Milk Tea. Then, eight months later, he cashed out 1.8 million yuan and became the founder of a listed group."

"What kind of cow and horse story is this? Does anyone still believe in this kind of thing these days?"

"Why wouldn't I believe it? All the girls in our school know that the next day, that guy drove up in a Rolls-Royce Phantom and took a picture of her at the school gate. You can still find it online now."

"Holy crap...it really is true."

"I only saw a few women, not any older men."

"Young man, do you think a big shot of that caliber would easily show up online? He's just an ordinary middle-aged man, but he's extremely rich and very nice."

"Many girls in our university have seen him."

"Even so, it's impossible for Bobo Milk Tea to complete its IPO and raise funds so quickly, right?"

"Yang Mi is an artist under his management."

"Zhao Liying is the same; Hua Qiangu was also invested in by that uncle."

"I see. No wonder I felt this milk tea shop was not only developing rapidly, but also had countless resources. It turns out the people who invested in it are really awesome."

"It's not fair. We prepared for two years before starting our milk tea shop, while others went public in less than a year."

"How can you talk about fairness? According to someone at our school who knows that uncle, if he takes a liking to your project, even if you're just selling steamed buns on the street, he can easily make you a billionaire."

"We're not on the same starting line, much less on the same level, classmate!"

"Where is this uncle? I want to go find him to invest. I have many shortcomings, but my only advantage is that I'm not bad looking."

"You're dreaming in broad daylight! Do you know what people who know this uncle say? He never gets close to women, he only loves his wife."

"Not to mention the milk tea industry, this uncle is also a top big shot in the entertainment industry. His company is valued at tens of billions even before it goes public. His large group spans the entire capital city, covering food, drink, entertainment and leisure. Anyone who lives in the capital must have patronized his company."

"You're trying to seduce a middle-aged man like that with women?"

"Okay, actually I'm a man."

"I just don't understand, if he's not interested in women, why would he invest in your university's most popular girl from humble backgrounds?"

"The commoner school beauty is amazing. You don't know her. If you knew her completely, you would know how good she is. Unfortunately, she is no longer a commoner. We can't reach her level anymore."

The online discussion is in full swing.

Meanwhile, Chen Pingsheng was already on the plane back to Beijing with his big kid and little sister.

Two golden dice appeared, one of which landed on a two.

One was fixed on the number three.

That's awesome!

The highest multiplier is only six times, but he actually offered five times this time.

"Ding, congratulations to the host for receiving a five-fold random boost."

One second, two seconds, three seconds passed.

The money laundering operation by "Golden Finger" has ended, with 1.6 billion yuan arriving in Alipay.

The balance is 1.68 billion.

The 200 million I borrowed from my wife can now be returned.

The more than 300 million yuan he received this time was directly deposited into his wife's account.

Random increases do not include the principal.

That's six times.

It smells so good!

Beside the airplane.

Chen An'an was wearing a pair of oversized sunglasses.

She and her aunt spent two days shopping in Shanghai, using her father's gold card.

Just the kind of thing where you can spend whatever you want.

Feeling a little guilty, Chen An'an pulled out a large gold watch from inside. "Dad, this is what I bought for you."

Chen Pingsheng glanced at it indifferently; it really was ugly.

"What did I ask you to buy? Didn't you buy it yourself?"

"Bought."

Chen An'an then pulled out a small gold watch from the side. "Who said that?"

If you want to never be short of money, wear a Rolex when you go out.

Chen Pingsheng asked her, "How much did you pay for it?"

Chen An'an said weakly, "Not many, one hundred and eighty W."

"Oh," Chen Pingsheng said indifferently.

Chen An'an took out something else from inside, and this time she was even weaker.

She bought a yacht, not a particularly large one, which is docked in Shanghai. She liked it, so she bought it.

"Dad, this yacht is pretty nice, and it's only a little over 50 million. I asked Mom and she agreed, so I can swipe my card."

Chen An'an thought her father was going to scold her, but Chen Pingsheng said instead, "Why did you buy a yacht worth more than 50 million? If you don't have several hundred million, you'll be afraid of rough seas when you take it out."

Goodness, she bought it for too cheap.

It means he didn't stay in Shanghai for too long, otherwise he would have definitely gotten one.

He definitely wouldn't be interested in a yacht worth tens of millions.

The big boss's yacht is multi-story, known as a mobile castle on the sea.

I'll consider ordering one when I have more money in the future.

The whole family drove it to go shark fishing.

Chen An'an also bought a lot of things, the cheapest of which cost over 10,000 yuan.

A pair of children's loafers.

The most expensive ones cost over 300,000 yuan, and they are also children's loafers.

Chen Pingsheng didn't bother with her. After returning to Beijing, she was once again pitifully receiving 200,000 yuan in pocket money every month.

Her mother is quite strict about this; she wouldn't let her use her parents' cards to shop around as she pleases.

Not to mention, like today, where more than 50 million yuan was spent in just two days.

However, she wasn't lying about the yacht; her aunt Chen Qi had called Song Yanxi.

He even filmed a video showing that his wife had agreed to the purchase at the yacht show.

Otherwise, who would dare let a young girl swipe her card for tens of millions?

First class is reserved for the wealthy and powerful.

But this wealth also has different levels.

Moreover, the flight attendants' rest area is very close to theirs.

The conversation between the father and daughter almost made these flight attendants question their existence.

At the same time, I secretly admire how well the children raised by the wealthy know how to promote economic circulation.

Going out shopping like this is really excessive.

Chen An'an put a gold Rolex on herself and a gold chain on her wrist.

It's rustic and chubby.

When she got home, her mother pinned her down in the yard and beat her. This distorted aesthetic sense must be corrected immediately.

What era are we living in that people still wear big gold chains?

The whole family is so disgusted by her appearance that they want to cry.

Actually, Chen An'an simply wanted to complete the three-piece set.

Gold bowl, gold watch, gold chain.

She can have the gold bowl, but Song Yanxi can't stand the gold chain.

I can't stand watching it at all.

(End of this chapter)