The Birth of Shanghai's First Conglomerate

The debut of LeTV in Chapter 326

Chen An'an performed three programs on stage.

One of them played a solo erhu, and another performed a martial arts gymnastics dance.

Over the years, she has developed a wide variety of talents, and she is a regular participant in the school's arts festivals.

I'm also trying my best to pursue my hobbies within my capabilities.

It's the end of December, and he's leisurely participating in activities at Big Paw Kids School.

After his wife went to Beijing, she organized a grand year-end appreciation party for Shuiyunjian.

As in previous years, each conference invites between three and five thousand high-end clients.

The entire gala involved an investment of nearly 300 million yuan.

The final transaction was 1.58 billion, after deducting 300 million for meeting costs and a little over 200 million for product costs, calculated based on a 70% shareholding.

"Ding! Congratulations, host! Today's income is 750 million. Would you like to activate random multiplier?"

The ringing sound after the meeting ended was simply wonderful.

He didn't need to do any of the sorting himself.

The system will calculate everything clearly for you.

They now own 35 Shuiyunjian directly operated stores in Beijing and 32 in Shanghai.

Four super flagship stores in Guangdong, and two in Hong Kong await opening.

Four locations, each taking turns hosting a grand celebration once a year—the revenue from that is simply irresistible.

His decision to suppress Shuiyunjian's listing was absolutely right.

With this level of revenue, is there any need to go public?

Chen Pingsheng silently recited "activate" in his mind, and soon the familiar golden die reappeared.

He kept drawing numbers from two to six, but it seems he's never actually drawn the highest multiplier, level six.

One second, two seconds, three seconds passed.

The golden dice stopped rolling, revealing a maximum increase of six times.

"Congratulations, host, you have received a six-fold random boost."

One minute, two minutes, until five minutes had passed.

Receiving a message that 4.5 billion yuan has been deposited into my bank account, that's really great.

Judging from this income, if given a few more years, even with Xu Pi, Young Master Yan would surely be slain.

However, with this money, plus the shares recently cashed out, Guo Ziyi can repay the 120 billion yuan he borrowed through a mortgage loan.

He still doesn't like owing money to others; he prefers to pay it back as soon as possible so he can feel at ease.

After settling the funds, his biggest gain from this bottom-fishing operation was a 20% stake in Tengying Entertainment.

Of course, there are still some individual shares that have not been cashed out, worth about one billion.

They made a fortune.

Another big movie he invested in will be released tonight at midnight, namely Wolf Warrior 2.

This movie should be able to bring Tencent Pictures' stock price back to its previous high.

By then, his 20% stake in the company would be worth at least 160 billion.

Wolf Warrior 2 was also a 200 million yuan investment he made in 2015, and it was definitely Tencent Entertainment's biggest film project in 2017.

The movie screenings inside were incredibly exciting.

Especially the scene of holding up the red national flag and leading you home.

And then there was that powerful and resounding opening statement.

All of this is incredibly inspiring.

The second season of War, which was released at the end of December, would have been widely known long ago if it weren't for the recent battle between Huateng and Teng.

However, it still possesses real strength, and when it comes to patriotism, you'd be hard-pressed to find anything better.

In just one night, Wolf Warrior 2 became a huge hit online.

After the two-day New Year's Day holiday, Tencent's film achieved explosive success, raking in over one billion yuan at the box office in just three days.

The entire company was in an uproar.

Major websites have even raised their box office expectations for the film to over 3 billion, 3.5 billion, and 4 billion.

The highest box office expectation was even 48 billion.

All previous box office records seem like paper in comparison.

Go all the way.

As a result, the production company, Tencent Entertainment, also saw its stock price rise for five consecutive days during this process.

In just five days, it was only a little over six billion yuan away from its previous peak.

In a few more working days, we should be able to overtake them.

On the other hand, Huang Zhongshi's Huayi is still in a continuous decline, with its stock price already falling below 30 billion. It wouldn't be too surprising if it fell below 20 billion in a while.

Once Tencent Entertainment's stock price recovered to 80 billion, Chen Pingsheng immediately began selling off the 20% of shares he had repurchased at a low price.

While the influence of Wolf Warrior 2 is still strong, when else would you cash out if not now?

Not only did he seize this excellent opportunity to cash out, but Xu Pidai and Young Master Yan also chose to cash out when Wolf Warrior 2 was highly favored by the capital market.

What should have been a two-week cash-out process will now take at least a month due to these two troublemakers.

Chen Pingsheng wasn't in a hurry; he wasn't short of money lately.

Throughout this process, he kept a close eye on Hua Yi, fearing that he might accidentally let Hua Yi escape death.

Huang Zhongshi is now furious with him. He hasn't done anything lately, except take several of Huayi's newly signed leading actresses to raise funds.

At a drinking party, if someone asks you to dance, you dance.

He could pull off all sorts of slutty dances with ease. If Huayi still had a market value of hundreds of billions, he wouldn't have wasted these two newly signed pretty young actresses like this.

Unfortunately, while everyone had fun, they stopped caring when it came to actually getting paid.

Huayi was the first to attack in the Huateng war.

Now, it has become someone else's possession, even though they have joined forces with Xu Pidao and Young Master Yan.

They ended up in such a miserable state; who would dare to intervene at a time like this?

Even after Tencent Pictures recovered, they still release two negative news stories about Chinese translations every day.

Or it could be a veiled message that Huayi's finances are in serious trouble, and everyone who has IOUs should hurry up and collect them.

If we wait any longer, we won't be able to catch it!
The relentless pursuit by the Tengying Group has not stopped with the passage of time.

Instead, they increased their force.

Huang Zhongshi was well aware of this. He had no other way to deal with the Tengying Group's encirclement and suppression except to borrow money or obtain a large amount of financing.

Heaven rewards those who persevere.

Just when Huayi's two beautiful leading ladies were about to become social butterflies at drinking parties.

Huang Zhongshi has finally found a very powerful buyer to take over his company, namely Jia Yueting of LeEco Group.

There are so many legendary stories about LeEco in the past two years.

Mobile phones, televisions, sports, entertainment, new energy vehicle manufacturing, video websites, and ecological chemical reactions, etc.

A multitude of high-tech investments have been made.

At its peak, the stock price reached 1700 billion.

It can be said that apart from Xiaomi Group in the past two years, no other company has been more popular than it in recent years.

Whether it's Principal Wang or those celebrities in the entertainment industry, they all have to line up to buy LeEco shares.

Huang Zhongshi never expected that the person who would ultimately lend him a helping hand would be this one.

There's hope for Chinese translation.

(End of this chapter)

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