Chapter 177: The Prosperity of the Magic City
Chen Pingsheng borrowed 200 million yuan from his wife for turnover.
Used to accelerate the development of Tengsheng Fresh Food.
In addition to the profits received on the 15th of every month, his wife also has 15 days of operating funds in Shuiyunjian and a 30% risk fund.
The 15-day operating fund is easy to understand, that is, the money will not be issued from the 1st to the 15th.
Only dividends from the 1st to the 30th of the previous month will be issued.
All traditional stores will retain at least ten days of business funds.
As for the 30% risk fund, it must be retained every month.
The same goes for Tengsheng Fruit, such as a profit of 100,000 yuan a month.
Only 70,000 will be divided, and the remaining 30,000 will be used as risk funds.
This money is usually not used unless there are big changes in the market or policies.
Risk funds can ensure that a company can survive a dangerous period.
The more risk funds are accumulated, the stronger the company's ability to resist risks.
He is slightly short of money.
The presidents of the three banks came over at the same time.
"Mr. Chen, when will you take care of my business? For five to one billion funds, you only need to use Shuiyunjian's shares as a guarantee, and I promise to give it to you within three days."
"I You can also give me 500 million here, you just need to use Tengying's shares as collateral."
Many people think that the loan must please the bank, but they are actually wrong.
For truly high-quality companies, banks are begging you to lend money.
Not to mention trying to please the president, it is true that the president came to please him.
Chen Pingsheng invited them to eat and left in a good voice.
He is actually not short of money, and the funds he can mobilize at any time will not be less than 500 million.
Both Shuiyunjian and Tengsheng Fruit have a lot of venture capital.
Looking for a loan from a bank?
When it’s good, it’s no problem, but when it’s bad, the money becomes a life-threatening golden hoop.
He has always been able to do as many things as he has.
Using bank leverage to speculate in real estate, publicity or develop companies has never been done.
Although the speed of development may be a little slower, stability is better than stability.
When the market tide rises, those bosses who use high leverage to develop their companies naturally have unlimited prosperity.
Once the market ebbs, these people will run faster than anyone else.
If you don't run, you're waiting to die.
He doesn't need it. If the market really deteriorates to that point, whichever company can't support it will collapse.
He didn’t believe that none of so many companies could survive.
When that day comes, only one thing will happen, and that is war.
Otherwise, he would adopt a prudent approach to development, and would not need to worry about small risks at all, while big risks could be borne for a period of time by relying on risk funds.
There will never be a day when Qiqi cannot hold on.
The market is treacherous and no one knows what will happen in the future.
The only thing Chen Pingsheng can do is not to be rash or blind.
The money borrowed from my wife also needs to be repaid.
Don’t affect Shui Yunjian’s own development.
In the blink of an eye, it’s late May again.
Tong Zelan called him and asked him to go to Shanghai.
There are few officials in the capital, but little money in the capital.
If you are not worth tens of billions over there, who would dare to say that you are a wealthy person?
Feiyangyang’s C round of financing is about to be launched. At the same time, the launch plan of Bobo milk tea and the sales plan of Huaqiangu peripheral products will be launched.
He had to go there himself.
The whole journey from Beijing to Shanghai is 1,200 kilometers, and it only takes about two hours by plane.
Chen Pingsheng took two big bodyguards and followed a barrister directly to the Magic City.
Tong Zelan’s Honglan Capital is located next to the Bund. It is a magnificent building in the style of the Republic of China.
Only when you get to the Bund can you truly understand what the financial city of Shiliyangchang is.
This place exudes luxury everywhere.
When money comes here, it is paradise.
Without money, even the most remote small hotel costs three hundred and one nights.
Zhenzhen explains what the extreme gap between rich and poor is.
When Chen Pingsheng got off the plane, it was Tong Zelan who came to pick him up in Beijing.
She was in a stretched Rolls-Royce Phantom, driven by a chauffeur.
There is also an Alfa behind.
The bodyguards and lawyers he brought over all took the car at the back.
The extended version of the Phantom is very private, and you can’t hear too much outside noise while sitting on it.
It feels like the scenery is going backwards and they are moving forward.
All the way from Hongqiao Airport to the famous Nanjing Street, even the air smelled of perfume.
Different from the low-key places in Guangdong, Shanghai is most particular about petty bourgeoisie.
Commonly known as accent.
There are also the most cafes here, and they are everywhere along the road and in the center of the streets.
It’s okay to just sit there and have a couple of drinks, not to mention it’s too bourgeois.
Tong Zelan took him all the way to his Honglan Capital, mainly to introduce a few people to him.
The middle-aged man wearing glasses and a straight suit is none other than Shen Nanpeng.
It claims to have invested in half of the Internet.
Manage hundreds of billions of investment funds.
The bejeweled woman on his left is none other than Xu Xin, the investment queen who became famous through her investments.
There were two other people beside him, one of whom was a descendant of the famous Guo family in Xiangjiang.
Belongs to the third generation of family heirs and a top wealthy family.
There is another tycoon named Xu who is known as the god of the stock market.
Of course there are so many wealthy people who are not here just to wait for him.
But I am waiting for a new Internet star who specializes in content distribution and short video recommendation.
According to him, what he makes can perfectly fit into the fragmented time of modern people.
Use super information computing capabilities to allow users to access their favorite information or short video content.
Although this kind of thing sounds simple, the difficulty of actually doing it is as high as climbing to the sky.
It needs to quickly identify the content that each customer likes best based on their habits.
Then make distribution recommendations from the massive content.
Finally, present what he likes to the customer.
The computing power required is beyond imagination.
Of course.
A project that can bring together so many big names must not be easy.
The introduction lasted for more than ten minutes, and I asked a lot of questions before and after.
When they finally reported their valuation, everyone hesitated.
A project started less than three years ago is valued at US$7 billion...
30% of the shares can be diluted, and the amount of funds obtained is US$2.1 billion, which is about 15 billion yuan.
The Magic City is the Magic City. Even Chen Pingsheng, who is a big-time project leader, finds it unimaginable.
Compared to the things he has done, his valuation is truly beyond imagination.
They all have ideas to invest, but they all feel that the valuation is too high.
15 billion, this is a huge amount of money for anyone.
Even if Chen Pingsheng wanted to invest, he couldn’t afford it.
At least now, we definitely can’t afford it.
Tong Zelan is similar. Her family has money, but she doesn’t have much.
None of the projects invested have yet reached their payback period.
No one can easily swallow this project with an estimated value of seven billion US dollars, except Penguin Ah Li who can eat it casually.
She could only pass by.
As for Shen Nanpeng and Xu Xin, they have the ability, but they still feel that the valuation of this project is too high.
Perfect miss.
That's the thing about investing, you never know what you might miss.
I don’t even know if the thing I picked up will be able to be used in the future.
If you make one investment, like Masayoshi Son did, then you will be a god in the investment world.
This kind of person can only be one in ten thousand, and most people will still miss the opportunity.
It’s like if you have money yourself, and someone uses this concept to ask you to invest 15 billion, how many people will dare to invest if you don’t know the future?
The gentle founder of Douyin left just like that.
……
Come to the Magic City.
Chen Pingsheng also experienced what high-end projects are.
A project with a valuation of US$7 billion in less than three years after starting its business. Compared to those of his, it was indeed better than just one and a half points.
It's a pity that he still doesn't have the strength to participate in this kind of project.
Of course, those who have the strength have also missed it.
Tong Zelan invited him here not to participate in this kind of project investment.
The current development situation of Bobo milk tea is very good.
Hua Qiangu is about to be broadcast in June, and by then we will just launch a joint model.
The franchise segment is bound to go further.
According to her prediction, if Bobo milk tea continues to develop like this.
There will definitely be no problem with a listing valuation of 2 billion to 2.5 billion by the end of the year.
When the time comes to go through the IPO process, she will be able to cash out hundreds of millions of her shares directly.
With an investment of less than 20 million, you can get back 300-400 million in one year.
This is undoubtedly very successful.
At least Tong Zelan is now very satisfied with the development of Bobo milk tea.
So, she also took the initiative to take on the responsibility of completing the C round of financing for Feiyangyang.
Currently Feiyang Yang has more than 80 self-operated stores in Beijing, and there are also more than 50 in Shacheng.
In total, there are almost 140 directly-operated stores.
In addition, there are headquarters training institutions in four major first-tier cities.
The monthly turnover is steadily exceeding 120 million, and the annual operating income is around 1.5 billion.
It is already a large catering group.
With such a scale, it is not difficult to achieve a valuation of 1.5 billion.
The catering industry is not the kind of outlet that Internet companies have.
Otherwise, based on its financial statements with a net profit of over 50 million this year, it would be valued at several billion if placed on the Internet.
The catering industry is obviously not making that much progress.
She found four or five venture capital groups and asked Chen Pingsheng to introduce them privately, and the 450 million was easily collected.
The consideration is to dilute 30% of the shares.
He originally held 49% of the shares, but after this round it was only 34%.
The key is that Feiyangyang's financial report is indeed good. With the support of this kind of financial report, the company can achieve stable income even during rapid development.
That proves that the management is in place.
It is fully possible for further development.
Even if it cannot be listed within the prescribed period, it only needs to make a profit and not a loss.
I can easily survive for a few more years.
As the saying goes, it is easier to find money if you are not short of money.
For people who are short of money, the capital market is quite picky.
Not to mention the ones that lost money, none of the Internet companies made money in the early stage.
Tengying has not officially embarked on the road to listing, so the financial reports are not released to the public.
But Tong Zelan knows very well that Tengying's financial report this year will definitely not be bad.
There were still many projects invested in last year, and they will all start to reap rewards this year.
Once Tengying starts to go public, this company will definitely be the most valuable corporate asset in Chen Pingsheng's hands.
The main thing is that he took 90% of it alone.
The 5% given to Yang Mi and Zhao Liying will not need to be cashed out until ten years later.
That is until 2024.
Once this company is worth tens of billions, then Chen Pingsheng will be considered a member of the capital market.
Even in this great magic city, his status is definitely not weak.
The investment in Bobo Milk Tea is originally an attempt to make a quick project.
The so-called fast-moving project means light investment, rapid development, and rapid listing.
Once Bobo milk tea was successful, Tong Zelan suggested that Chen Pingsheng switch to dry coffee.
It can be said that the milk tea market has too low a threshold, which can easily lead to too fierce market competition.
The coffee shop is an entrepreneurial project with a high threshold, and there are not many customers for this kind of project.
Most of them are elites or corporate white-collar workers.
The most popular coffee shop in China is undoubtedly Starbucks.
Milk tea may only be worth a few billion when it is launched, but once coffee is launched, it will be worth at least tens of billions.
That's the difference.
Of course, this is all a story for later.
Now we are just talking about the coffee market.
In fact, Tong Zelan invested the most in Internet projects, but it was a pity that Chen Pingsheng did not work on any Internet projects.
Even when I persuaded him to turn Shuiyunjian's door-to-door service into an Internet project, he refused.
Then she won’t talk about the Internet in front of him.
Because Chen Pingsheng mainly focuses on traditional industries, Bobo milk tea is just an attempt by young people to join the consumer market.
Facts have proved that he can sell good fresh fruits and milk tea.
There are not many industry barriers.
As long as Tengying's star resources are there, he can easily overcome these industry barriers.
Tong Zelan was quite interested when he heard him talk about spinning off Tengsheng Fresh Food independently.
Obviously.
Tengsheng Fruit, which is blooming all over the capital, must focus on developing its own fruit supermarkets and community fruit stores.
The separated Tengsheng Fresh Food will specialize in the development of chicken, duck, fish, vegetables and fruits and other fields.
Chen Pingsheng showed Tong Zelan the financial report of Tengsheng Fresh Food in his hand.
Tong Zelan was startled.
The turnover of Tengsheng Fresh Food Store is maintained at more than 200,000 yuan every day.
The store with the lowest monthly sales per store is around 7 million.
There is indeed a huge market for all-category fresh food markets.
The flow of people is huge.
It can almost wipe out the fruit shops and small vegetable shops within one kilometer of the surrounding area.
Store net profit remains at around 5%.
Judging from this financial report, the profit of a single store is around 5 million a year.
If you invest in one year, you can get your money back in less than one year.
The bet is big, the return is big.
If Teng Sheng Fruit had not wanted to develop its own fruit plantations, it would not have developed this side independently.
It can only be said that there is indeed a huge market demand in the fresh food market.
Once we can do this well, the future will definitely be good.
Chen Pingsheng himself has just invested 100 million, and his goal is to open about 25 more stores in the capital. He is not short of money for the time being.
There is no need to raise funds by diluting shares.
Even if Tong Zelan wanted to invest in him, he would have to wait until he was short of money or wanted to raise funds.
This is a high-quality project!
He is not short of money at all, unless you can help him with something.
Otherwise he will not accept your investment.
Good projects are always pursued by investors.
She felt it was a pity anyway.
As the fresh food on his side gets better and better, the costs on Feiyangyang’s side are saved.
He also plans to cooperate with He Bijun to develop his own agricultural breeding base next year.
Specializes in agricultural breeding.
Go to rural areas to contract a large amount of wasteland to engage in organic vegetable and high-variety chicken, duck, fish and cattle breeding.
I’m definitely not going to do the cheapest one, the profit is too low.
It's like growing some vegetables in rural areas after a year of hard work, but the wholesalers come to quote the next year.
It turned out to be a few cents per pound.
Even if you grow this kind of vegetable until it dies, you won’t make a fortune.
When they grow vegetables, they must be able to grow a cabbage worth twenty yuan per catty.
Just hang it as organic and natural.
Rural areas don’t eat them, but rich people in cities value health and like to eat these high-end vegetables.
This is what they want to do.
Anyway, if it is too cheap, it is impossible to grow it.
He has now fully developed into agricultural projects, and sooner or later he will also enter these aspects.
Anyway, what you grow is sold by yourself.
There is no way to make money.
(End of this chapter)