The Birth of Shanghai's First Conglomerate

October is over.

Overall, Chen Pingsheng made great progress this month.

First, the Deer Antlers Coffee Shop became famous, and then Charlotte made a fortune.

On the last day of October.

Bobo Milk Tea released its first quarterly financial report since its IPO.

Total revenue was 6.8 million yuan, and net profit for the quarter was 1.7 million yuan.

This includes the $1.25 million earned in Charlotte.

It can only be said that due to Charlotte's strong box office performance, Bobo Milk Tea's financial report was directly boosted in this quarter.

On the day the financial report was released.

The stock price soared, especially after Bobo Milk Tea changed its cooperation and franchising model.

In just thirty days of October.

There are as many as 1300 investors applying to join the Bobo Milk Tea franchise.

On average, about 30 new ones appear every day.

Finally, more than 200 qualified franchisees in good locations were selected.

Excellent financial performance and strong market momentum.

The market has proven this to the Hong Kong stock market.

Bobo Milk Tea remains the most popular celebrity milk tea brand among young people and the first listed company.

The initial share price has halved since the IPO to 3.5 per share.

And now, it has exceeded the issue price of 8.8 per share in less than two months.

Teng Hui did not hesitate to spend 3.8 million yuan to support the stock price and repurchase shares.

It also became the most exciting battle of the series.

Not only did it completely stabilize Bobo Milk Tea's last remaining market share, it also made a fortune.

When Bobo Milk Tea's share price rose to 9.1 and was still rising strongly.

Only then did Chen Pingsheng begin to sell some of his shares.

After gradually cashing out 450 million, he still has shares worth approximately 600 million.

And 13% of the original shares.

This is the profit he made from this buyback event.

If the stock price remains above nine yuan, the profit will be approximately six hundred million yuan.

Yang Mi was completely stunned; she never imagined she could make money from this.

I never imagined I could make so much money!

She thought that by cashing out more than 200 million yuan through Bobo Milk Tea, she was already invincible.

Unexpectedly, Chen Pingsheng cashed out 300 to 400 million yuan not only during the IPO.

They even made another 500 to 600 million by buying at the bottom during this crisis.

To be honest, he deserves to be rich.

Yang Mi now sends messages like this: "Chen Pingsheng, if the company faces another crisis in the future, take your sister Mi with you. Saving our company is our duty."

This money-grubber is actually envious now that he's made so much money.

The reason Chen Pingsheng chose this time to cash out some of his Bobo Milk Tea shares is that...

The main reason is that he holds far too many shares.

With such strong financial performance, if he doesn't sell some shares, the stock market will be difficult to circulate.

Secondly, it's because such a large-scale sell-off can only be conveniently carried out during periods of strong stock price increases.

Under normal circumstances, if he were to sell off his shares, the stock price of Bobo Milk Tea might be halved again.

It might not be that dramatic, but it will definitely drop for a long time.

This is the influence of major shareholders.

It can boost market confidence, but it can also undermine it.

Money cashed out from the stock market cannot be amplified through the "golden finger" method.

Only the 13% of original shares he holds are acceptable.

There is still a four-month ban on sales.

By March 2016, it will be freely traded.

That's how he is.

Tong Zelan, Yang Mi, and the others were naturally the same.

He has now cashed out 4.5 million yuan, mainly to buy the Shuiyunjian Building in Shanghai for his wife.

By the end of this year, Shuiyunjian will invest at least 500 million yuan to open a store in Shanghai.

The headquarters must purchase the necessary items in advance and arrange the team accordingly.

Two super-large flagship stores are expected to open by the end of December.

At that time, it won't just be in Beijing that the most luxurious annual gala at Shuiyunjian will be held.

Shanghai is also going to host a City of Stars.

The main reason Shuiyunjian quickly rose to prominence was because they got Yang Mi to endorse them. Later, they leveraged her influence to quickly hold several celebrity meet-and-greets.

This trip to Shanghai will still involve the same strategy.

It's just that they're investing more money and on a larger scale.

The goal is to allow Shuiyunjian to quickly accumulate a portion of high-end customers there, and to completely establish Shuiyunjian's brand awareness in Shanghai.

In order to quickly open up the market, high initial investment is definitely necessary.

With a large sum of money in her pocket, Song Yanxi, after much deliberation, finally bought a nine-story headquarters building in Pudong New Area, Shanghai.

The price of 8.8 million is a very auspicious number.

The area of ​​a single floor is as high as 3000 square meters.

She took out the fourth floor and converted it into Shuiyunjian Training Academy in Shanghai.

The remaining five floors are where the headquarters offices are located.

With such a large single-floor area, the five floors together can accommodate two thousand people working at the same time.

The current Shuiyunjian certainly doesn't need so many staff members sitting at headquarters.

In the years that followed, when Shuiyunjian not only spanned Beijing and Shanghai, but also gained a foothold in Shenzhen and Guangzhou.

That will definitely be needed at that time.

The Shuiyunjian headquarters building was also included in the assets of Tengchao Commercial Management.

Shuiyunjian pays Tengchao Commercial Management the rent for the use of the headquarters building.

Unbeknownst to many, Tengchao Commercial Management's assets have reached approximately seven billion yuan.

That's quite exaggerated.

November.

Tencent Entertainment is still actively applying for listing, and all procedures are still under review.

However, the three-year period is about to end, and the tax exemption period for startups will soon be over.

He will then need to pay corporate income tax as normal.

Before that happens, Tengying needs to sort out and distribute the money they've already earned.

We can't wait until it's time to pay taxes to distribute the money.

Tencent's financial report was not released to the public; it was only announced to internal shareholders.

From January to October 2015.

Tengying's main income came from investing in Zhao Liying's TV series, which yielded a return of 100 million yuan, and investing in Liu Shishi, which yielded a return of 60 million yuan.

Adding the game copyright for "A Thousand Years of Flower," the total comes to 1.2 million.

Hua Qiangu earned 4.5 million yuan from its merchandise.

Yang Mi's "Eternal Love" has returned with 200 million.

Charlotte made another 4.5 million.

Total revenue reached approximately 14 billion, with net profit attributable to the company around 11 billion.

A typical example of investing little and earning a lot.

He has already spent most of Tengying's money, and now he only has a little over 200 million left.

He only needs to pay the 10% investment from Tong Zhelan.

The contract stipulates that the 30% acquired later will not be shared with the profits earned over 15 years.

Their main goal is to make money from going public.

Actually, Chen Pingsheng's main purpose in distributing the money this time was to clarify Tengying's finances with Tong Zhelan.

Just because he holds a large share doesn't mean he can use all the money himself.

Her 10% share would amount to 1.1 million.

The rest went into his own pocket, and he spent most of it, buying this and that.

Now everything is settled, Tengying's finances are all cleared up.

Go public with a clean slate and wait for the stock price to soar.

Most companies don't distribute much profit after going public.

There are many reasons, but the most important one is that the company has sufficient cash flow, which facilitates its development.

Chen Pingsheng felt that Teng Ying had absolutely no need for that.

He certainly wouldn't do that. If he doesn't share the money, how can he keep it for himself?
As for Bobo Milk Tea, it definitely won't be able to distribute profits in the first year.

The whole process is still in progress and adjustments.

Boiling Sheep is already in the final stages of its IPO application process.

Tong Zhelan has been running this for a while now, and Fei Yangyang has given it a listing valuation of six billion.

Not too high, not too low.

In the catering industry, it is definitely a giant enterprise.

If Boiling Sheep can successfully complete its IPO this year, his income will be incredibly high.

After three years of nurturing, it's finally time to reap the rewards.

(End of this chapter)