Chapter 832: Chapter 635 Overseas Investnt_2
In the CEO class, it naturally wasn’t just these few people; there were also so involved in the internet industry, which likewise doesn’t look optimistic.
The main issue is that the internet sector nowadays has lost national support, coupled with the leading companies being as stable as mountains.
The best entrepreneurial opportunities in the internet sector are now concentrated within the short video domain.
And the best perforr in the short video field is undoubtedly Teng You dia.
Its market value has already exceeded RMB 160 billion.
Ti after ti, Chen Pingsheng has achieved being number one in several different fields in the country.
Even in the electric vehicle sector, despite him not deliberately promoting it, everyone in the industry knows that the strongest player abroad is undoubtedly Tesla.
And dostically, the undisputed leader is clearly Tengfei New Energy.
Even in the area typically regarded as the pinnacle of future technology—AI intelligence—he has similarly achieved being the top dostic investor.
Reviewing this circle of achievents leaves one astonished; while people expected Chen Pingsheng’s strength to be formidable, they didn’t anticipate it would be absurdly strong to this extent.
It simply borders on exaggerated.
There’s a reason Chen Pingsheng rarely attends gatherings for the CEO class.
His level has already created an unbridgeable gap with the others.
When he travels abroad, he can often socialize with Tong Zelan, Shen Nanpeng, and others.
But with people like Liu Hai and Wang Yanfeng, the gap is undoubtedly too wide.
There’s hardly anything to talk about.
Chen Pingsheng, however, doesn’t deliberately highlight these differences; he simply refrains from investing in clearly depreciating assets or those that are challenging to generate future profits.
Nonetheless, there are certain things he still considers purchasing, such as Old Yang’s five-star hotel in Magic City.
Although he doesn’t operate hotels, he can utilize them to provide employee benefits.
What does this an?
Essentially, employees’ parents traveling from their hotowns can stay in these hotels for free.
His company now employs over a million people, and many parents visit Magic City twice a year.
Whether for sightseeing or to visit their children, providing them with five-star accommodations is undoubtedly an excellent employee benefit.
As for the resort he owns, the combined investnt amounts to nearly RMB 5 billion.
Old Yang is already deep in debt because of it.
Chen Pingsheng also has thoughts about purchasing it.
“Old Yang, your daughter is working as a celebrity under and has been doing quite well. Why don’t you na a price for that Magic City hotel and the five-star resort, and I’ll see if I can take them over.”
Old Yang’s reaction to these words was pure excitent.
“Old Chen, are you purchasing the hotel and resort for personal operations, or will you use them for other purposes?”
“I have zero interest in operating five-star hotels. I’m buying them purely to use as employee welfare facilities. As for the resort, it’ll serve as a toy for my daughter and family…”
Old Yang was stunned. Buying a five-star hotel for employee welfare was already outrageously extravagant.
Then buying a resort as a toy for his daughter? That was unthinkable.
Resorts are generally places integrating tourism and recreation into a single leisure complex.
Sun Island is such a place, but unfortunately, it’s not for sale.
Even if it were for sale, the price would be prohibitive. anwhile, Old Yang’s RMB 5 billion small-scale resort could be purchased to give his daughter and family a spot to relax during holidays; that posed no issue.
Soone like him, capable of spending tens of billions on a superyacht, could certainly spend tens of billions on a resort.
Old Yang candidly admitted that both his resort and five-star hotel were now being sold at a 40% markdown.
It wasn’t excessively high; after all, he was already buried in losses.
The combined valuation for the two assets stood at RMB 3.6 billion.
The current economic climate was vastly different from before; now, those with cash hold the real power.
Asset holders find it incredibly difficult to liquidate, especially if bank loans are involved.
It only complicates things further.
Chen Pingsheng rely set an initial valuation, awaiting review by his corporate finance evaluation team before further steps like drawing up contracts would occur.
He exclusively leaned toward acquiring assets in the four major tier-one cities. Smaller cities? He wouldn’t touch them.
Everyone knows he has money, but just how much he has—this mont provided a vivid sense of clarity.
Casually spending billions to buy two family toys reflects a level of power beyond comparison with ordinary individuals.
Especially given the current economic backdrop.
Additionally, there are restaurant owners who hope he might invest, or outright buy them out.
This kind of asset is impossible for him to consider. After all, his own well-received Fei Yangyang loses RMB 300–400 million annually; how could he take on more catering ventures?
From this class reunion, Chen Pingsheng acquired a five-star hotel in Magic City.
The location was within Golden Mountain, and he also acquired a resort.
Beyond that, he planned to survey a few other properties.
If feasible, he might collaborate, but without dumping excessive funds.
By nightfall, everyone gathered at the hotel for a lavish party.
Several top-tier tycoons from Xiangjiang attended, largely out of respect for him.
With more businesses cos more collaboration opportunities.
The network he has built over ti is no small matter.
The caliber of his connections can be sumd up with “no diocrity in his circle.”
Later that evening, Tong Zelan, Shen Nanpeng, along with several of Xiangjiang’s top tycoons, ford a private eting in a hotel suite.
This eting differed from the morning’s CEO class gathering.
Everyone present had personal net worths exceeding RMB 50 billion.
The discussion revolved not around small projects, but global-scale ventures.
Examples included acquiring an overseas state-level electricity company to earn stable, long-term returns.
The company controls 15% of the electricity supply for that country.
The quoted price was around USD 2 billion.
Another instance involved investing in two colossal port companies to profit from port leasing revenue.
The larger the capital pool, the more it gravitates toward stable, long-term profit projects.
Infrastructure projects are particularly appealing; Xiangjiang Li alone has invested over RMB 400 billion in the UK.
To claim his investnts failed would demonstrate complete ignorance of how large capital operates.
For top-tier capital, high-risk ventures aren’t the ideal path anymore.
Stable and enduring projects best safeguard family legacies extending a century or more.
Infrastructure projects unequivocally offer the steadiest returns.
Such ventures, however, are unattainable dostically due to restrictions on private capital participation.
They belong exclusively to state-owned enterprises.
This includes industries like banking, oil, electricity, tobacco, and healthcare.
Regardless of their stature—even for Chen Pingsheng—everyone seeks opportunities to invest in such projects.
This was the primary reason for his trip to Xiangjiang.
Infrastructure’s biggest appeal lies in stability.
Beyond that, its repaynt cycle is trendously long.
Small-scale capital simply cannot engage.
To invest in such projects requires not only money but also extensive political clout abroad.
Of course, successful investnts significantly enhance international influence.
The individuals involved planned to jointly establish a top-tier overseas investnt fund.
The preliminary investnt figure was USD 2 billion.
The fund would receive contributions from Chen Pingsheng, Tong Zelan, Shen Nanpeng, and the Guo Family, Cai Family, Liu Family, and Zheng Family from Xiangjiang.
Together, the seven parties would pool RMB 14 billion to allocate toward overseas infrastructure projects.
Having reached this stage, they each needed to devise plans not just for the present generation, but for future generations spanning centuries, and their collaboration stemd from longstanding, synergistic partnerships.
The concept closely resembled the Small Day Vision Fund.
The difference, however, was their target: not high-risk gambles but collective investnts in overseas infrastructure projects.
No risky ventures, just stability and longevity.
Once the investnt focus was confird, all seven parties needed mutual agreent to proceed.
The private discussion arose precisely because a suitable acquisition candidate had erged.
This candidate was proposed jointly by Tong Zelan and Shen Nanpeng, with the target being in Singapore.
Singapore may have limited land area but boasts remarkable prosperity.
Many dostic tycoons have invested in properties there, and pooling USD 2 billion for this venture would increase their influence in Singapore.
Chen Pingsheng also agreed to the investnt, thinking of it as securing additional exit strategies for himself.
He couldn’t possibly rely solely on dostic investnts; that would be unrealistic and excessively risky.
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