Anyway, Feiyang has been delisted now, so it is better to split it into regions, and then introduce local big internet celebrities to take shares in the regions, and let them invest in shares and become the investment bosses of small regions of Feiyang.
While re-directing traffic to it, create a more novel internet celebrity store.
Needless to say, this is indeed a good solution to solve the long-term losses of Feiyangyang as quickly as possible.
There are big Internet celebrities who have invested in it. They were still a giant in the catering industry before, so their Internet celebrity status is also a certain blessing.
Suddenly, Zhang Wanyi not only received 1.5 billion in investment funds from hundreds of big internet celebrities.
The Internet is also flooded with videos of Booyangyang’s internet celebrities bringing goods.
This is the method.
This solved a small problem for him. In addition, he also started planning to buy Bobo milk tea with Antler Coffee.
Rather than running ten small businesses, it is far more appropriate to run three large groups.
Moreover, the ability of large groups to resist risks is simply not comparable to that of small businesses.
Just look at Tengyou Media now.
In late December, after Chen Pingsheng initially completed the integration of Tengying Entertainment and Tengyou Media, he asked Yang Qian to return from Xiangjiang.
It plans to use Antler Coffee to acquire Bobo Milk Tea. The competition in the milk tea industry in recent years can only be described as crazy.
On a street, there are often seven or eight milk tea shops appearing in a row.
Antler Coffee was made early and has entered the global market, with a market value of over 12 billion US dollars.
Using it to buy Bobo milk tea has two biggest benefits.
Many regions can quickly complete their expansion without opening more stores. They only need to divide half of the Bobo milk tea stores to make Antler Coffee.
Most of Antler Coffee's orders are for takeout. A certain degree of merger between the two stores will not have much impact at all.
Chen Pingsheng also hopes to quickly solve the problems of some of his traditional listed companies through industrial mergers and reorganizations.
Regardless of how high the stock market can rise at once, it is better to run at least two large groups than to spread your energy to seven or eight listed companies.
The core of his future is still in the technology sector. These traditional listed companies must be properly arranged.
After a series of reorganizations, he personally cashed out 11 billion from Tengying Entertainment and Feiyang Yang.
Early investors like him all took out their few shares from these two restructurings.
This is the obvious benefit.
If Douyin Group cannot be listed in the next two years, he will also sell 3% of his Douyin shares to Tengyou Media.
This is of great significance to Tengyou Media and is more than just a financial investment.
This means that it will have a certain say in the platform and be one of the top ten shareholders of the largest short video platform in China.
As soon as this news comes out, Tengyou Media's stock price is very likely to exceed 500 billion in the future.
To put it bluntly, he no longer needs those small listed companies. Their market value does not exceed 100 billion, which is completely meaningless to him.
The latest valuation of Douyin Group is US$300 billion, and his 3% stake is definitely worth a fortune.
It is not easy for Tengyou Media to raise 9 billion US dollars to acquire the shares in his hands.
It is necessary to successfully consume the current Feiyang Yang including Tengying Entertainment.
When a company reaches a certain level, if it wants to expand, it is not about exploring step by step on its own, but directly looking for suitable acquisition targets among listed companies, including unicorns.
Getting it right in one step is not much better than opening a shop slowly and finding people.
This is the case with Tengyou Media now, and the same is true with Lujiao Coffee directly merging with Bobo Milk Tea.
……
End of December.
Most of the senior executives of Tengying Group gathered at the Jinshan headquarters for a meeting.
The theme of this meeting was that he personally spent 72 billion to acquire 60% of the shares of Wanda Commercial Management.
In addition, several other major traditional industries are undergoing mergers, and the remaining projects that want to be listed will be directly packaged and acquired by existing listed companies, which is also an alternative method of quick cash-out.
To talk about the biggest changes in the stock market this year, there are two main points. Technology stocks are obviously rising.
This is inseparable from state support, including core policies.
In addition, in traditional sectors, especially those companies with relatively small profits, it is much more difficult to go public than before.
Another point is that the authorities intend to clear out some junk stocks.
In view of these three points, some large projects invested by Dream Fund in the early stage are also stuck on the road before listing.
Tengyou wouldn't say anything about it. After taking over Tengying Entertainment and Feiyangyang, they couldn't digest it within three or four months.
Other companies are different.
Snack Kuaipao is relatively healthy, and its stock price is also good.
In recent years, the snack track has also been severely involved.
Many independent snack brands have emerged in various places. Many companies do not make money from selling snacks at all, but earn franchise fees.
It has also invested in many related industries through financing earlier.
It is very difficult for these industries to be listed separately. The current solution is for Snack Kuaipa to acquire a series of related industries in which it invests directly through additional issuances in the stock market.
To achieve the goal of rapid expansion, of course, there is also a certain suspicion of internal trading, so the financial audit team is not responsible for them, but the most professional financial audit team in Hong Kong.
Chen Pingsheng's purpose is very clear. He wants to quickly merge his small industries into three independent and huge large-scale groups.
Snack Kuaipao will be responsible for the expansion and mergers and acquisitions in the department store snack field.
Antler Coffee is responsible for milk tea and anticipates the expansion of the industry, including a series of beverage products they invested in early, such as Yilu Shui sold in supermarkets.
Tengyou Media merges entertainment, catering, clothing, short video, department store and other businesses.
As for its four major first-tier cities, Tenghui Department Store has its own storefront.
In the future, it is also planned to independently merge other investments in the department store sector within the group.
This merger is not just about projects, but also includes teams and investment funds.
Let’s put it this way, after the merger is completed, Snack Kuaipao will quickly reach 100 billion US dollars, and Antler Coffee will start at 20 billion US dollars.
He will officially own four large-scale listed groups with over 100 billion yuan, namely Tengyou Media, Lujiao Coffee, Snack Kuaipao, and Tengde Times.
In the future, Ascendas New Energy will be launched on the market, and it will definitely not be less than 300 billion, plus Ascendas AI.
He alone will own at least six mega-unicorn groups.
Instead of being like before, there were a lot of small projects and a lot of listed companies, both big and small.
This is not conducive to group management at all. Merging and centralizing these industries will be more conducive for enterprises to combat future market risks.
In addition, the investment departments of each major group will all be merged into the Dream Fund.
Concentrate all the scattered investment departments to create a top-notch investment fund in the country.
Dream Fund’s future investment projects will mainly adopt two cash-out models.
One is to have his listed companies carry out package acquisitions, which is somewhat similar to a backdoor listing, but can be faster.
The other option is to go public independently. It will take at least four to five years to achieve this step. It will be relatively slow, but the advantage is that the development prospects will be greater.
In fact, he has now reached a stage similar to that of Ah Li, including the big penguin.
If we were to count exactly how many projects he has under his banner, we would simply be unable to count them.
He didn't even know how many there were, he just combined the big ones above, and then merged his small projects through mergers and acquisitions.
In this way, the strong will always be strong.
Due to the major industrial mergers, its personnel have also undergone major adjustments.
First of all, Tengyou Media, which has the highest market value, still has Zhang Wanyi as its president.
As for Bai Xin, she is still the president of Tengying Entertainment and also serves as the vice president of Tengyou Media.
The former president of Feiyangyang was treated much differently than her. With Feiyangyang's size, he could not concurrently hold the position of vice president of Tengyou Media. He could not even get a seat on the board of directors.
He only serves as the head of the catering department of Tengyou Media.
In the entire Tengyou Media, the executive president is still Zhang Wanyi. In addition to her, there are a total of five vice presidents.
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There are eleven board members in total, including Tong Zelan and Shen Nanpeng who are overseas.
And he himself still holds the position of the highest chairman there.
If there is no major decision, he, the chairman, will basically not interfere with too many things.
In addition, the same goes for Antler Coffee and Snack Run, which all need to complete a new personnel structure.
The Dream Fund is different. Its size is already very large. Especially after the completion of the merger, its cash flow has reached more than 30 billion in one fell swoop. It can be said that it has money and people when it needs money.
Its CEO fell to Chu Qiuyan, while Lin Qiunan was still the project manager there.
After three years of illness, Chen Pingsheng discovered an important factor in the losses of traditional enterprises.
In addition to the poor market conditions, more importantly, his personal energy was too dispersed.
There is no time to worry about so many listed companies, which leads to the problem of low decision-making power of those traditional companies in some necessary matters.
This can be said to be a very normal problem in large companies, especially diversified companies.
Well now, after a series of reorganizations, he only needs to manage a few large groups.
It will no longer be like before. Today this company has something to do, and tomorrow that company will have a board of directors.
Even if he held twenty meetings a day, he wouldn't be able to finish them all.
Not to mention that he still has so many big people to receive, and some people can only be received by himself.
Industrial mergers are not about upper- and lower-level management, but flat management is still used.
Maintain the independence and decision-making power of these projects to the greatest extent possible.
This is something I learned from Ah Li’s experience.
Ah Li, like him, has invested in countless projects and likes to seize control of others. The result is often a very good project a few years later.
It doesn’t work if it’s inexplicable.
This is the complete opposite of the giant penguin.
Big Penguin made the same mistake in the past, but it was only after several big failures that it completely gave up the idea of holding a controlling stake.
Instead, it was changed to flow support.
With just such a change, Big Penguin’s performance in the investment field is many times better than Ahli’s.
There is no comparison at all.
Of course Chen Pingsheng would not make such an obvious mistake, so his purpose of reorganizing and merging companies was to the greatest extent because he wanted to help small businesses, including small projects, grow quickly through corporate empowerment.
For example, after Feiyang Yang joined Tengyou Media, it would immediately get its internet celebrity traffic.
There is also Tengying Entertainment, which can also immediately receive traffic support from Tengyou Media in terms of promoting and selling short videos including small artist sections.
This is the advantage. Now, unlike in the 1990s, the best advertising resources have always been on short videos.
Other companies will benefit more or less.
For example, Lujiao Coffee, which merged with Bobo milk tea, immediately became a big sister in the milk tea industry.
You can also launch your own milk tea + coffee combination, and also sell takeaway coffee to streets across the country
Next, we will launch our own supermarket bottled drinks.
Although most of the problems facing the group cannot be solved at once, it is clear that after this restructuring.
Tengying Group is more than a little bit better. At least after outsiders look at it, they will immediately think that it is a diversified and super large group.
Tengying Group has also been officially divided into five super large group groups.
They are Tengyou Group, Lujiao Group, Snack Kuaipao Group, Yuanmeng Investment Group, and the other one is Tengfei New Energy Industry Group.
This is also the group in which he has invested the most, and Tengde Era is in it.
The future Tengfei New Energy will also be included in this after it is launched.
Overseas assets were not acquired, but were all allocated to overseas investment funds.
The newly acquired Wanda Commercial Management will not join in because it is a giant itself.
Wanda only needs to empower the group with offline high-end shopping mall channels.
There are also brand resources.
Over the years, what has always been the most popular thing about Tengyou Media is that it has very strict control over its product selection channels.
This is inseparable from the fact that Chen Pingsheng runs a number of department stores himself. Many Internet celebrities rely on gimmicks to sell goods in the short term.
We must rely on quality in the long run.
After this large-scale market reorganization and merger, no matter whether outsiders understand it well or not.
They all reflect a big market trend, such as selling milk tea. If you just want to sell good milk tea, it may not be too difficult in the early stage.
Once you get big, it will undoubtedly be difficult.
Because the level of competition and the methods of management and operation will be completely different.
There is no doubt that it will be increasingly difficult for small businesses to survive in the future.
Because many of the large companies above have completed the transformation of comprehensive businesses.
Just like Internet companies cannot rely on a single product to survive for a long time, the same is true for traditional sectors.
Big companies are playing the snake-eating game on it. Through the expansion of capital, the big fish eats the small fish game, gradually reducing the entrepreneurial space for ordinary people.
For ordinary people, the best way for the future is not to start a business at all, but to work in such a large company.
This is the disorderly expansion of capital.
Chen Pingsheng is still doing well. At present, he is only integrating and merging his own companies.
After the complete reorganization of these enterprises is completed, with the current size of his Tengying Department, he can easily take over the traditional fields, including some of his favorite fields.
(End of chapter)