SWNOVELXO Chapter 218 Fei Yangyang IPO Success_3
"After Tengying goes public, can it really skyrocket the stock price to thirty billion that quickly?"
Song Yanxi looked at him curiously, always feeling a sense of unreality.
Thirty billion, her family still holds 60% of the shares.
If you add in the valuation of other industries, even in Magic City, they could barely be considered a top-tier wealthy family.
"Who knows,"
Chen Pingsheng said, "After all, some people have guaranteed it, and with Tengying Entertainment's revenue from last year, thirty billion isn't really an exaggeration."
After Song Yanxi helped him straighten out his attire, the two of them prepared to go to work together.
In the future, they would often have to travel between Capital City and Magic City.
He continued to drive that top-level Rolls Royce Phantom he bought for eighteen million.
His wife drove a sky-blue Bentley Continental with a 6.0T, W12 engine.
To be honest, that car isn't considered expensive, costing around five million on the road.
In terms of looks among coupes, it definitely has no rivals.
Chen Pingsheng had no idea why she had taken a liking to the Bentley Continental again.
The previous one had already been gifted to her sister, Song Wu.
Of course, his wife had bought more than just this one car in Magic City.
There was also a convertible Rolls Royce and a blue Bentley Mulsanne.
The price was around six million or so; the Bentley brand is definitely not inferior to Rolls Royce.
Normally, they just drove whichever they felt like.
The headquarters of their buildings weren't actually far apart, just a few minutes by car, or about ten minutes by foot.
His wife was preparing the opening events for the two flagship stores of Water Cloud Space here.
He, on the other hand, was busy with everything.
The key was to spend the money in hand in the most reasonable way.
Still investing in Tenghui Department Store.
This project was his main money magnet.
Once he allocated another twenty billion to Shen Chengjun's side,
he could open up to eight super-large malls in Magic City, and including those in Capital City, it would make sixteen.
Once they were all up and running, annual profits could be maintained at around one billion.
After these open, they could apply for the malls to be listed separately.
As for the commercial real estate inside, they would of course all be stripped out,
transferred to Tengchao Commercial Management to hold a hundred percent of the shares.
After investing this money, he would still have fifteen small targets.
It was all so confusing.
After Antler Coffee started running low on funds, he allocated another five hundred million there.
If he allocated five hundred million, Tong Zelan on the other side would naturally have to raise four hundred million.
She had already begun diluting shares to find some people to share the burden.
For someone like Chen Pingsheng to put a billion into a project in a short period,
the risk was too high, as was the investment cost.
Of course, if it turned out successful in the end, the more you put in, the more you got out.
It's all proportional.
Investment in coffee truly is much higher than selling milk tea.
No wonder Tong Zelan had said early on that the difficulty of doing coffee was at least ten times higher than selling milk tea.
He now understood.
Antler Coffee hadn't even started to turn a profit; the direct-operated stores hadn't made any money, so who would come to franchise at this time?
The pace of development couldn't stop; they could only keep throwing money at it.
Luckily, he now had the capability to do so.
With another billion invested, Antler Coffee was expected to have around 1,600 stores by March 2016.
A total investment of two billion.
Adequate funding was the core of maintaining rapid growth in his companies.
Without so much money, neither the department store nor Antler Coffee could develop so rapidly.
It could only be said that money was the driving force behind all development.
Your journey continues on empire
Without it, nothing could be done.