It was unimaginable that within just under a year, before going public, they could value it at 12 billion.
Her 10% share thus beca worth 1.2 billion.
If the pre-IPO was completed,
it would an she had to let go of 3%, cashing out 360 million.
Chen Pingsheng would have to let go of 27%, cashing out 3.24 billion.
This guy was definitely getting richer—it was typical of him.
Once Tengying went public, his standing in the business world would rise significantly.
In a standard city, he could directly beco the president of a business association.
Even in the country's top business gatherings, he would have a place.
Albeit a bit towards the back.
The ones in front were all billion-level bosses.
Either their personal wealth or company market value was in the billions.
A billion was rely the price of admission.
Chen Pingsheng did not care too much, as the spoiled brat was having a great ti on the yacht, and by evening, the yacht was anchored in the middle of the sea.
When she went to sleep in her room, she could still see the real ocean through the window.
Chen Pingsheng felt the sa; he thought the yacht was great in every way, the only flaw being that it was too small.
A real tycoon's yacht would be worth at least 700-800 million, big enough to take the whole family around the world.
When conditions were better in the future, he would also order one of these superyachts.
Holding his beautiful wife while sleeping in such a marine world was quite a wonderful feeling.
Whoever held understood.
After spending two days and one night at sea, the crew finally sailed the large yacht back to the North Bund.
Just docking there cost a million a year in rent.
Compared to luxury cars, yachts were clearly more expensive.
Given his family's current situation, they were not too concerned about these expenses anymore.
Zhao Yimin drove his black Phantom to pick up their family, and Song Yanxi was still thinking about buying the Water Cloud Space headquarters building in Magic City.
Speaking seriously, The Bund by the Huangpu River was dazzled by wealth.
Skyscrapers stood by the riverbank, neon lights flickering with multicolored radiance, luxurious cars zipping through.
The place was like a vortex of desires, a temple of materialism; everything seed so dazzled by wealth.
The ultra-long top-of-the-line Rolls Royce Phantom was parked by The Bund, where Song Yanxi was interested in a five-story Republic Era western-style building.
The area of each floor was about twelve hundred square ters.
Upon asking the price, 580 million.
Good indeed, but truly expensive.
She could have bought it outright, but hesitated and decided to look further.
After all, there was no rush now.
The two also visited the newly renovated Water Cloud Space flagship store on The Bund.
The renovation was only partially done, with an opening scheduled for December.
A total investnt of fifty million in the flagship store would definitely elevate Water Cloud Space's status in Magic City once finished.
Days flew by, and soon it was October 6th.
The spoiled brat had to go to school, and Song Yanxi couldn't stay in Magic City any longer; she booked a few tickets to go back.
Chen Pingsheng stayed alone in Magic City, mainly because he still had many matters to finish.
...
Tong Zelan invited him to dine at the Peace Hotel by the Huangpu River.
The hotel had quite a story.
It was said that in the old days of Magic City, no matter who a person was or what they had done,
as long as they entered the Peace Hotel, they were guaranteed peace.
Because the owner was said to be Du Yuesheng, one of the most famous tycoons of Magic City.
The current Peace Hotel had also beco a landmark on Nanjing Road.
They offer both Western and Chinese cuisine, with the starting price for a night at 1800.
Tong Zelan had reserved a large private room upstairs and ordered so of the most distinctive local dishes.
Such as braised lion's head, and cordyceps flower stewed pigeon soup.
As soon as Chen Pingsheng arrived, Tong Zelan began introducing the people there.
The person sitting beside her was Shen Nanpeng, the most famous angel investor in Magic City.
The other side featured a third-generation tycoon from Xiangjiang.
Xiangjiang was different from the mainland; real prominence there began in the 50s and 60s.
At most, it was the second generation taking over now on the mainland.
It hadn't even reached the third generation's hands; Xiangjiang was different, having started its rise in the 50s and 60s.
The three most famous industries in Xiangjiang were shipping, finance, and real estate.
Chen Pingsheng knew about these from business classes he attended.
This ti, Tong Zelan had invited him mainly to discuss Tengying Entertainnt's IPO.
Charlotte had been released on September 30th and had already accumulated about one billion in box office revenue by today, with a final box office gross expected to be around two billion.
These were not the points of discussion.
The key issue was that Tengying Entertainnt's financial reports for the year were exceptionally outstanding.
The valuation set by these people was 12 billion.
His side would let go of 30% of the shares, priced at 3.6 billion.
Once Tengying Entertainnt went public, they would imdiately release this year's financial report.
Based on this year's financial report, it was only a matter of ti before Tengying Entertainnt's stock price reached 30 billion.
The current situation was very clear, Chen Pingsheng was letting go of 30% of the shares at a low price for them to take over.
They were in charge of controlling the market, quickly pushing the stock price of Tengying to over 30 billion once it was listed.
Tong Zelan had learned from the previous experience with Bobo Milk Tea.
After it went public, she did not manage it, leading so intent on profit to slash the stock prices by half.
This ti was different, Tengying Entertainnt's financial report was too robust.
Together, they would manipulate the market, push the stock price to 30 billion, and then consider selling.
This way, everyone could make a quick big profit.
Chen Pingsheng naturally had no objections, with people helping to inflate the stock prices, he was more than happy.
After all, they were getting the smaller share; he was the biggest beneficiary.
Thus, an agreent was reached.
There was no issue with Tengying Entertainnt's financial report; in the three years since its establishnt, not a single year's profits were below 500 million.
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