The Birth of Shanghai's First Conglomerate

The golden dice are frozen in place.

A three-dot number appeared, neither too big nor too small.

One second, two seconds, three seconds, and even into the third minute.

Alipay has just received 102 billion yuan, that's awesome!

In a moment of excitement, seeing that there was a perky butt next to her, I felt I had to slap her.

When Song Yanxi, the wife, looked left and right in a daze, she almost kicked her husband next to her.

Upon discovering that 54 billion had been deposited into her account, she quietly withdrew her long legs.

The money raised by Deer Antler Coffee through its IPO eventually ended up in her hands after passing through Teng Hui Capital in Hong Kong.

54 billion is a huge sum of money; you can't even type that many zeros on a computer.

It's hard to think of a way to spend it quickly right now.

However, Song Yanxi blinked her long eyelashes and suggested, "Honey, let's buy the Shuiyun Academy in Shijingshan."

"Go ahead and buy it if you want, I'm not stopping you."

Chen Pingsheng himself was thinking about how to spend his 10.2 billion yuan.

Tencent Entertainment's stock price has plummeted to just 150 billion.

It's definitely necessary to spend 3 billion to buy back shares on the market.

In addition, Bobo Milk Tea's market value has dropped to only around 40 billion, a full 50% drop from its peak, which is almost the same as its issue price.

Take a billion to recycle.

As for Boiling Sheep, it probably has more than 3 billion left. It's a catering company that spent 1.7 to 1.8 billion on investment, but its market value is only one time the investment. That's just too outrageous.

They'll do whatever it takes to spend a billion to buy back the shares.

This is all money.

The three of their own listed companies can use about 50 billion yuan to repurchase shares.

Don't publicize this kind of thing in the early stages to avoid the stock price rising too quickly during the buyback process.

Let's wait until the recycling process is almost complete before releasing the news.

Chen Pingsheng took out his small computer and sent a message to his team in Hong Kong, immediately initiating a full buyback of his own company's shares.

Buy low and sell high – I've been doing this for ages.

As for his wife, Song Yanxi, she has already taken out her precious 15-yuan calculator from her bedside table and has been dialing non-stop.

Shuiyun Academy was rented in Shijingshan two years ago, and then 50 million yuan was spent to rebuild and renovate it.

They also opened a public welfare hotel called Shuiyunjian next door.

It can be said that the entire area became lively because of the Shuiyunjian brand.

In the past two years, housing prices have been rising uncontrollably, and land prices have also soared.

Song Yanxi estimates that it will cost at least 600 to 700 million to buy that place.

After all, Shuiyun Academy has a main teaching building and two student dormitories.

The facilities in all aspects have been fully improved in recent years.

However, even if you spend all this money, you'll still have a lot left.

Gritting her teeth, Song Yanxi went to discuss the purchase of Shuiyunjian the next day, not with a private individual.

This place was rented from the local government of Shijingshan District.

Their family's influence in Shijingshan is absolutely beyond imagination, second only to Shougang Group, a Fortune Global 500 state-owned enterprise.

It is one of the strongest private groups in the region.

Negotiations with the local government are not going to be quick, after all, it involves such a large land transfer, and the minimum guarantee is five or six hundred million yuan.

It will take some time to complete.

After discussing the purchase of Shuiyun Academy in the morning, Song Yanxi went to Shanghai in the afternoon to buy the clubhouse storefronts of two flagship stores of Shuiyun Academy.

The annual rent for just these two flagship stores is as high as 30 million.

I can't sleep soundly if I don't buy it.

Fearing that the high rent might one day crush them, Song Yanxi lavishly spent her vast fortune, acquiring these two super flagship stores for 7.2 million yuan.

Did you think she would stop after buying this?

She flew to Hong Kong again without stopping. After seeing the rent in Hong Kong, she felt that the rent in mainland China, including Beijing and Shanghai, was relatively cheap.

The key attraction was the freehold ownership here.

She originally intended to spend all the money in Hong Kong, but Chen Pingsheng called her and told her not to put the cart before the horse.

It's not worth it to buy those storefronts that cost five or six hundred million yuan each and collect rent when you haven't even secured your own storefront yet.
Song Yanxi still listens to her husband when it comes to important matters. Instead of buying a storefront, she spent over 900 million yuan to buy two floors of office space in IFC.

This is the world's highest-rent office building. The construction cost wasn't too high, but the annual rent alone is around seven billion.

Their family spent nearly three billion yuan here to own their own six-story office building.

That's incredibly exaggerated.

There are countless large enterprises here, and the fact that every inch of land in Hong Kong is extremely valuable is vividly demonstrated here.

With the remaining money, Song Yanxi used it to buy a storefront for her family's Shuiyunjian store in Shanghai.

With a massive amount of 4 billion yuan, they could probably buy up most of the thirty Shuiyunjian clubhouses here.

After spending almost all her money, she returned to the capital to discuss the purchase of the Shuiyun Academy headquarters with the Shijingshan authorities.

This woman spends money at a rate that's beyond imagination.

However, Song Yanxi mainly spends her money on making money.

At their level, they can spend money freely on food, clothing, housing, and transportation.

It won't cost much at all.

Most of the money still went into financial investments.

After his wife spent the 5 billion yuan she had and transferred all the assets to Tengchao Commercial Management, their family's total commercial real estate holdings across the country reached approximately 22 billion yuan.

This is quite an exaggeration.

As long as this asset remains largely unchanged, their family will remain as stable as a mountain.

There is absolutely no such thing as the kind of scenario depicted in TV dramas, where wealthy families go bankrupt at the drop of a hat.

Chen Pingsheng returned to the company himself, and he first announced a major plan to repurchase shares worth 5 billion yuan at the highest level of the group.

Subsequently, another 500 million was allocated as a reward to the entire Deer Antler Coffee team.

First, there was the spokesperson, Liu Yifei, who personally received 80 million yuan in endorsement fees.

This is definitely her highest endorsement fee to date.

In addition, there is Yang Qian, who recently gave birth. She was the CEO of Deer Antler Coffee in the early stages.

Although they did not receive any shares.

However, Chen Pingsheng also gave her a reward of 1.2 million yuan for the successful IPO.

As for Qin Xue, she personally received 30 million.

The remaining senior management team will split the 100 million yuan bonus equally.

Each person has at least three million.

The remaining 1.7 million was distributed to the outstanding store teams at Deer Antler Coffee.

Everyone who is rated as an excellent store will receive 50,000 yuan.

It can be said that Chen Pingsheng brought about the success of Deer Antler Coffee's IPO.

What started as the joy of a few people transformed into the excitement and joy of nearly five thousand.

Hard work pays off, and Tencent Film Group has provided the best answer to that.

He doesn't play games at all; he genuinely distributes the money.

There's no way around it; he earns too much himself, and if he doesn't take out several hundred million to distribute, he'll have to.

How could anyone else understand his feelings at this moment?
Besides, a company never belongs to any one person.

A traditional coffee company valued at 18 billion yuan needs 20,000 employees to support the brand's market value and future.

(End of this chapter)