Chapter 596: Big Explosion


After Gao Hu received a call from Chang Fu.

After smoking three cigarettes, I still didn’t understand why Friends was so popular, why was it suddenly being sold?

Although he was unwilling to do so, that was what Lao Chen said, and he did not doubt his judgment ability at all.

After all these years, he has relied on self-discipline and cleanliness, and he has never missed it!

In fact, many people want to invest in Friends, but now they can only wait and see.

Those who wanted to buy his store at a high price in the past can only offer cost price now.

If he missed the opportunity, he would miss it. When he looked back, he realized that manpower was really limited.

He tried hard but had no chance.

It's not just him, there are countless catering people who are like this.

Gao Hu went to see Xiao Chunchan again, and she was still working as a waitress down-to-earth.

The difference was that their store manager was chasing her. If it had been before, Gao Hu would have driven his Mercedes to a stop in front of him in an absolutely menacing manner.

She didn't even look at him and said, "What qualifications do you have?"

Now, he couldn't say anything.

Gao Hu still sold the store amidst everyone's incomprehension, and no one knows where it will go in the future.

He closed it early, but if it had been later, no one would have taken over such a large restaurant.

The situation is serious, and various entertainment news may appear on the previous hot search lists.

But now they are all gone, only Wushi is the one that affects people's hearts.

This is the era, no one knows what will happen in the next second, we can only cherish the present.

Even Chen Pingsheng, who returned home, gave some simple answers while everyone was looking at him asking questions.

Most of them are closely related to Wu City.

New Year's Day is coming, and Big Fart Baby and Er Fart Ya have a holiday. They still have nothing to worry about and can play whatever they want.

The days are long, but Wu City affects the whole world.

No matter on the street or in the alley, everyone is discussing this wave of illness.

Everyone is shouting, Wu Shi, come on.

Everyone is eagerly looking forward to the arrival of the Spring Festival as the end of the year approaches.

After working hard for a year, everyone rushed to the train home.

Not only that, it was also a year of heavy snowfall.

Over in Wushi, Tengying Group evacuated 10,000 employees from there in advance.

And every day these employees are free at home, their salary for just one day is no less than 10 million.

If you include all kinds of expenses, hey, they probably need to lose about 500 million a month.

It can’t be said to be very high, because the whole group is responsible for it.

Wushi is a mirror. Whenever outbreaks occur in other places, the shortcomings of traditional enterprises like theirs will emerge.

This is a natural disaster, an unprecedented natural disaster.

Now, let alone making money, it would be great to ensure that employees’ money is paid regularly every month.

Chen Pingsheng sets the highest standards at the group headquarters and protects employees’ income first no matter what.

When Gao Hu returned to Magic City, he realized that Chang Fu had told him to be gentle before, as long as he dared to sell the store later.

It's definitely a shame that he doubts life.

Tengying Group used to have many offline stores, but now it has a huge burden. The only thing it prays for is to eliminate all hidden dangers in Wushi.

But the fact is that it is impossible, at least Chen Pingsheng thinks it is impossible.

He also convened the Tengying Group Global Shareholders Meeting as soon as possible.

Whether it was Tong Zelan or Shen Nanpeng who were far away overseas, these early investors immediately participated in the shareholder video meeting.

At the meeting, Chen Pingsheng also directly announced that he would personally spend 20 billion in cash to deal with this comprehensive crisis that is very likely to break out. Other shareholders must also pay proportionately. If they are unwilling to pay, then give up the shares.

That's all.

After everyone listened to what he said, almost everyone unanimously agreed to give up their shares.

At this time, the best option is to lay off employees or cut salaries.

Just like the one in Wushi, a net loss of more than 300 million in employee wages is expected in one month.

These people can stand it.

If Chen Pingsheng didn't agree, no one would take cash. In the end, he would pay alone, and everyone else would give him their shares in proportion.

There is no doubt that this is the wisest choice, but any normal person knows that the first thing to protect in this situation is the cash flow of the company. Everyone has more than one or two listed companies.

If we really have to assume the worst, many listed companies will become cheap in less than a year.

It's a blessing if someone is willing to take over, but the biggest fear is that no one is willing to take over.

Chen Pingsheng doesn't have many shares left, but he still has absolute control. He alone paid 20 billion in cash. How much would you have to pay proportionately?

Other shareholders have no choice but to sell their shares.

Most of the shares sold before were returned to him.

Once the crisis is over, these are still hot potatoes. If not, then it will be a hot potato.

Not worth half a cent.

Chen Pingsheng has no choice but to pay for everything, whether it’s Lujiao Coffee, Tengying Entertainment, Bobo Milk Tea, snacks, etc.

It has been expanding vigorously in the past few years. Although it has reserved a lot of cash, it is absolutely unable to withstand such a major natural disaster.

Especially Feiyangyang Catering, this is absolutely a trap.

Gao Hu had done a big one before, but now he had just recovered his strength, and here came another more violent one.

If he didn't spend money, Feiyang's tens of thousands of employees would definitely not be able to survive this wave of market crisis.

He will definitely die to death.

Others also depend on time. Boiling Sheep cannot wait even a day and needs financial rescue.

Many people were shocked when they heard that he had taken out 20 billion in cash.

Before the outbreak in Wushi, Tengying Group seemed to know what was going to happen and announced a city-wide evacuation order in advance.

Except for Wu City, there is not much going on elsewhere. Good guy, he held a global shareholder meeting and directly took out 20 billion in cash and shouted to get through.

Brother...you are already ridiculously strong, but now you need 20 billion to survive.

What should we people do?

Needless to say, although many traditional companies have a market value of tens of billions, let alone billions in cash.

Even if they can't come up with 3.5 billion, they just invest here and there if they have money.

Otherwise, the boss would take the little star and do charity everywhere.

When this crisis comes, the first thing that comes to mind is salary cuts, salary cuts, and salary cuts again.

It’s not the management that’s being demoted, it’s mainly the employees.

Chen Pingsheng couldn't choose like this.

He didn't know how long it would take for this wave of illness to end.

In short, as a boss, after enjoying the dedication and efforts of his employees for so many years, he must bear the responsibility together when facing a crisis.

This is not a crisis for one family, but a crisis shared by the entire Magic City.

If the first thing companies like them think of is salary cuts and layoffs, how many people will be unemployed?

(End of chapter)

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