People in the group are still busy, and Zhang Wanyi came to Shanghai from Guangzhou.
Chen Pingsheng asked her why she came here this time, and Zhang Wanyi said that she was acquiring the former No. 9 Clothing Warehouse and preparing to go public.
The valuation is set at 16 billion, and the IPO has been successful so far.
Chen Pingsheng didn't care about such trivial matters. He had already sold all the shares of No. 9 Clothing Warehouse to Tengyou Media.
The purpose of listing now is to get back the money from previous acquisitions.
Facts have proved that the best model under the condition is traditional + Internet celebrity economy.
No. 9 Clothing Store, which is deeply tied to Tengyou Media, has undoubtedly been a great success.
We have reached the stage of listing.
In addition to reporting on this matter, Zhang Wanyi basically talked about the current short video market.
Tengyou Media has signed up 180,000 Internet celebrities.
Only a small portion of people can become Internet celebrities, and most of them are still guild artists.
What does it mean?
Just open a beauty page, put your mobile phone there, shout thank you twice, brother, and just sit and receive gifts to make money.
Chen Pingsheng has always looked down upon such a money-making model.
It always feels like online begging, providing a little so-called emotional value to get gifts from others.
To put it bluntly, this is because there are too many fools. When a 50-year-old lady has level 10 beauty, you will call her "Miss Sister".
Chen Pingsheng originally planned to give up this area, but no shareholder agreed.
The main reason is that the profits are too high, and they don’t have to do anything. They just need the union to take a cut of the profits.
If you perform well, you can move up step by step.
Over time, there are at least 178,000 beauty anchors like Guang on their platform.
And the profits created by these people are also quite good.
There are many benefits to joining a big guild like theirs.
Originally, a listing price of RMB 80 billion was considered extremely high, but who knew that the price would now rise even more than that of Tengying Entertainment.
Tengying Entertainment has fallen to the edge of a market value of 100 billion.
Tengyou’s price rose to 140 billion.
The real number one player in the Internet celebrity economy, Chen Pingsheng himself no longer cares much about the small businesses below.
For any small project worth hundreds of millions or billions, the president can make his own decision.
The decentralization sector is still very high.
In addition to reporting on the situation, Zhang Wanyi also had a big plan to talk about this time.
That is to use Tengyou Media’s resources and cash to empower traditional enterprises.
The main purpose of establishing our own Tengyou Investment Fund is to invest in major well-selling manufacturers.
Her idea was quite big, so Chen Pingsheng naturally had no objection to it.
Tengyou Media’s annual profits of nearly 10 billion are no joke.
Coupled with the listing of No.9 Clothing Store, if the investment fund can still do well in the future, the stock price may rise to 300 billion.
In comparison, the entertainment industry is really in decline.
If you can watch a movie in five minutes on a short video, who would want to spend two hours in a movie theater?
Coupled with their artist commission model, it is no exaggeration to say that many first-line stars do not earn as much as those super internet celebrities.
It is not an easy task for Tengying Entertainment to maintain a market value of 100 billion.
Unexpectedly, after so many years of working, the listed company with the most potential in his hands turned out to be Tengyou Media, which he had not paid much attention to.
It can be seen from this incident that real pigs can fly when the trend comes.
Only by following the wind in your business can you achieve success step by step.
As for how many companies he currently owns, he himself can't even count them.
Whether it is the Dream Fund or the Tengyou Investment Fund that is about to be established, including his funds on Wall Street.
They are extending their hands to various major industries.
Chen Pingsheng said: "Wanyi, you have really not disappointed me at all in the past two years, and you have even exceeded my expectations."
"Uncle Chen, you brought me out. I won't let you down after I go out."
"When No. 9 Clothing Warehouse is listed, I will propose to the board of directors over there to give you a private cash reward of 100 million."
100 million is also the highest cash reward among group presidents this year.
This is in addition to equity incentives. You must know that after Zhang Wanyi passed away, apart from a salary of more than 10 million per year, she did not receive much equity.
At that time, she was at the height of her popularity when Tengyou Media went public.
Judging from the president contract she signed, Tengyou Media's stock price can rise to 160 billion.
She will get 1% of the total share price.
If it accidentally rises to 300 billion, that would be awesome.
Can receive 1.5% equity incentive.
The market value is probably about 4.5 billion. She can earn so much money by working part-time. It is no exaggeration to say that she is a working queen.
Of course, we are only a little short of the first-stage goal.
By getting that 1%, she earned 1.6 billion.
After working part-time to this level, the ceiling is already reached.
This is also the main reason why she continues to want to expand the business segment of Tengyou Media.
The success of No. 9 Clothing Warehouse can bring about a wave of market value, and the same investment can also bring about a wave of market value.
Then it is really possible for her to get the 1.5% highest equity incentive.
This makes her truly a working queen, even more powerful than Bai Xin.
Bai Xinshou's entertainment industry is obviously not as promising as the current short videos.
Chen Pingsheng said he wanted to discuss it with the board of directors, but in fact it was just a matter of his words.
This thing cannot be paid based on dividends or bonuses, as the tax would be too high.
They have already had a top-notch financial team in this area. As long as the money is circulated around the world, if they say 100 million is obtained, it will be 100 million.
Don't feel shameless, big companies do this.
Otherwise, if you spend 100 million, you will have to pay nearly half of the tax, which no two companies can accept.
They call this reasonable financial tax avoidance, a normal operation in large companies.
Tang Jing was extremely envious. There was nothing she could do about it. Her little secretary's foundation was still too shallow and she was far from the stage of becoming a mountain king.
Zhang Wanyi has been financially free for a long time, and now she is further improving her class.
She would not leave immediately, so Bai Xin immediately came from the capital to learn from her.
It is really difficult to work in the entertainment industry now, which can be seen from the collective decline in the stock prices of listed companies in the industry.
The trend is irreversible. Although she is now engaged in short videos to promote goods, it can only stop this year's losses.
If there is no new sector, it will once again increase the confidence of shareholders or investors.
It's only a matter of time before Tengying Entertainment's market value drops below 100 billion, and it simply can't hold on to the 100 billion mark.
Among the entire group, Tengyou Media is the best in the field of short videos.
The annual profit is nearly 10 billion, which is exaggerated when you think about it.
Isn't that an exaggeration? Despite the large losses, she stands out.
Chen Pingsheng also took a rough look at the financial statements. Not surprisingly, most of the red lines fell.
It doesn't matter to him anyway, but it's difficult for those small businesses.
Turn on the computer and prepare for the second wave of long-term investment.
His current amount of funds is industry-level investment, not enterprise-level investment.
Generally speaking, investments in the past were at least long-term investments.
I don’t know how to look at it in the short term, and I won’t be like those people who have nothing to do and invest some money and look at the increase every day.
Currently, there are only 1% of Tesla, 3.5% of Douyin Group, and 5% of Nvidia.
Judging from current trends, the short video economy has developed to a certain extent.
Everyone can see it clearly, so it doesn’t make much sense to go in again.
After housing prices fell, the national strategic direction was industrial upgrading, with the core being support for new energy vehicles and the entire industrial chain.
This can be seen from the market conditions in the past two years. He invested as early as five years ago.
As for the era in the next ten years, it belongs to the era of AI intelligence.
He has invested more than 70 billion in cash in this industry, and Nvidia is there to support it.
With the remaining billions in hand, he is also planning to buy some more industry stocks.
Let’s see if we can still be lucky enough to buy a Tesla and Nvidia.
(End of chapter)