Chapter 605 Asset Reorganization


After the annual meeting.

Chen Pingsheng has many people around him. Although he cashed out 40 billion near the end of the year last year.

The group has a reserve fund of 20 billion, and another 10 billion will be used for the Dream Realization Fund.

The remaining tens of billions have not been touched yet.

He also did a little calculation and concluded that the funds would not be used for a while, so he simply invested them all in Nvidia stocks.

He currently holds only 1.7% of Nvidia shares in total.

And NVIDIA is like an endless wild horse, racing all the way.

So far it has risen to 300 billion US dollars.

In other words, the 1.7% he holds is already worth five billion US dollars.

Now that another tens of billions are invested, the shares will rise to 2.1%.

Ten billion only increased by 0.4%.

Except for Nvidia shares, the most valuable stock in his hands is Tesla 4%.

Tesla has also skyrocketed in the past two years, reaching US$160 billion.

This is expected to surpass Toyota and become the world's most valuable listed car company.

It is outrageous to say that it has surpassed Toyota. After all, Toyota is the well-deserved number one in sales in the world.

Wherever there are roads, there are Toyotas, and that’s no joke.

Compared with these two stocks, Pinxixi’s 3%, including the 3.5% of the unlisted Douyin Group, are not particularly popular.

After discussing with the Institute of Economic Research for a long time, Chen Pingsheng finally made a decision that he didn’t know was right or wrong.

Cash out all 3% of Pinxixi’s shares, whose market value has reached hundreds of billions of dollars, to increase its holdings in Tesla and Nvidia.

The reason for making this decision is mainly due to certain predictions about the domestic e-commerce environment.

For example, Ahli and Big Penguin are both at their peak. Ahli's market value this year has reached US$700 billion.

The same goes for big penguins.

If Pin Xixi can achieve half of this number in the future, that would be considered a feat.

It is impossible to exceed this number.

Nvidia is different from Tesla. Neither Chen Pingsheng nor the Economic Research Institute can give accurate figures.

In other words, these two stocks seem to have no ceiling.

Neither you nor I can predict how high the increase will be, compared to the limited income.

This unlimited opportunity is obviously more attractive.

In this wave of cash-out and transformation of Pinduoduo, Chen Pingsheng holds a total of 2.5% of Nvidia.

Tesla 5%.

If nothing unexpected happens, these are the two most valuable stocks in his hands.

If NVIDIA rises like crazy to a trillion-dollar market value, then its 2.5% will be too valuable.

Of course, he invested tens of billions in order to buy these shares.

The same goes for Tesla.

Douyin is not easy to sell, it is a strategic holding.

For now, he has not heard that Douyin has plans to go public, and it may not go public in the next two or even three years.

Everyone who tries to cash out before going public will lose money. Only by going public can you maximize the shares in your hands.

At this time of year, Chen Pingsheng will rearrange his asset portfolio.

This year is no exception.

Those shares that were not very valuable were basically sold away.

When faced with short selling in the early days, he drank an extra 15% of Antler Coffee in his hand.

The current global market value of Antler Coffee is US$13 billion, and he can cash out US$1.9 billion with this 15%.

His expectation for Antler Coffee is at the stage of 30 billion US dollars.

You must know that he has devoted all Leicester City's football resources to this brand.

The crazy advertising made it what it is today.

The returns are also considerable. Facts have once again proved that selling coffee is much better than selling milk tea.

Not on the same level at all.

Bobo milk tea, which has reached the ceiling in China, is now only over 20 billion, less than 30 billion.

It is far better to expand overseas than Antler Coffee, which is listed on NASDAQ.

Chen Pingsheng did not have much use for cashing out the funds. He only spent another billion US dollars to increase his holdings in Nvidia.

Don't stop until you hold 2.8%.

With the remaining 900 million US dollars, he allocated 500 million US dollars in pocket money to Big Fart.

Another 300 million was allocated to Erpiya’s three major companies.

Erpiya is now starting to do good deeds, whether she was deceived by her sister or she really wants to do some kindness. These are all good things.

You must know that at this stage, they are all about doing charity and doing good deeds for their own families.

He didn’t do much with the remaining more than five billion.

Everything that needs to be built here in Jinshan has been built. Chen Pingsheng is sure that even if the big penguin comes to this place to file a lawsuit with him, he is his younger brother.

There is no Nanshan Pizza Hut, there is only Jinshan Duba.

This is the so-called geographical investment advantage. In this area, no one can beat him at the legal level.

If so, it must be that the law is not perfect yet and must be improved urgently.

Of course, this set is aimed at top-level disputes between large companies like theirs.

Consumers do not exist.

If this is applied to consumers, it would be really harmful.

Years later.

Countless employees’ children attend Tengying Elementary School, Tengying Junior High School, and high school run by Tengying’s own family.

It doesn’t matter that their family has only been in the education sector for a few years, because money can make God push the wheels.

Tengying School’s own educational resources are absolutely comparable to any top primary school or high school in super first-tier cities.

Let’s not talk about university, it is a bottomless pit of investment.

It takes a very high foundation to do well. Even if you are as strong as Chen Pingsheng, you cannot say that you can do it by working in a top university.

Elementary school, junior high school, including high school is not a big problem.

After all, this kind of school does not need to do its own research, it is nothing more than teaching staff.

If you spend the most money, you can naturally hire the best teacher.

This is true for elementary, middle and high schools everywhere. This is the main reason why everyone wants to run to big cities.

In small places with little money, educational resources are naturally very limited.

For private schools run by top private enterprises like theirs, the minimum academic qualifications of teachers must be graduate students from the best universities in the country.

The annual salary is 300,000 yuan plus various benefits, starting at 500,000 yuan.

This can show that reading is useful.

It can also help those top students live up to what they have learned over the years.

College students who spent hundreds of thousands to study will earn less than those who deliver food after graduation.

That's a joke, not only to the college students themselves, but to their parents as well.

Who studies not for a good future.

When he has no money and cannot even solve basic food and clothing problems, you go to talk to him about his dreams.

That’s a typical example of asking a mountain kid why your family doesn’t eat meat. Is it because meat doesn’t taste good?

This kind of question is stupid and reveals exquisite egoism.

Some well-known female entrepreneurs in China are actually widely publicizing this kind of statement. Doesn't she know that times have changed?

Actually no, it’s just because she has money and doesn’t need to fight for this thing anymore.

Chen Pingsheng has never liked this kind of person.

The operation of the group is still business as usual. Except for the shutdown of Wu City, which requires hundreds of millions of funds to support employees in the city every month, other places are not affected to a great extent.

For now, except that Feiyangyang is already at the break-even line, it neither makes nor loses.

Other companies are still profitable.

With profits, everyone can continue to move forward without panic or jump.

This is also the main reason why Chen Pingsheng is so calm.

Having no debt really means you are light-hearted. There is no such thing as being unable to sleep at night.

As long as the big health and new energy side rise again, his Tengying Group will be like Ah Li and the big penguin.

To become the strongest private enterprise in the true sense of the country, it is also a behemoth across countless industries.

Tong Xin’s family doesn’t have much to worry about. With his wife and the entire Shuiyunjian losing money and resources.

No need to use any resources at all.

It’s just that the Dream Fund needs a little support, that’s all.

Dream Fund has been working for five years and has already accumulated many projects to be listed.

Once listed, Dream Fund will be able to make large profits from those projects.

Using these profits, we can also push venture capital projects in the field of health forward a lot.

In the early stages of starting a business, he also needed Tong Zelan and Shen Nanpeng to help him cooperate in completing the listing.

Now he does it all independently.

Tengying Group no longer lacks any link in this industry chain.

This is also the main reason why he rarely seeks out Tong Zelan, including Shen Nanpeng.

(End of this chapter)

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