Chen Pingsheng returned to the Magic City headquarters.
Because the domestic No. 1 lithium iron phosphate battery factory, acquisition negotiations are nearing completion.
He took over it entirely, and transferred all the construction parts of new energy vehicles to Ascendas.
Only retain professional battery production capacity and battery R&D department.
The price is 5.5 billion.
Taking over a battery factory that has a net loss of several small targets every month is undoubtedly a huge pressure.
Zhang Wanyi, the big-breasted little secretary, is still concentrating on cashing out Bobo milk tea and the low-price recycling of scattered stocks in Feiyangyang.
It took more than a month to invest two billion.
It is estimated that the cash out that can be completed is about 3.5 billion.
The net profit of 1.5 billion was mainly caused by cashing out too early.
If we had waited a few more months, we would have made at least five to six billion more.
Everyone, including the little secretary Zhang Wanyi, felt very sorry. There was no way that funds were urgently needed now.
This money must be cashed out in advance.
In addition, he previously used 3 billion to repurchase Tengying Entertainment’s shares.
The average repurchase price is around the market capitalization level of 17 billion.
Now that Tengying's stock price has risen back to 35 billion, it is only a matter of time before it reaches 40 billion.
If all his stocks with such a large amount were sold to the stock market, the good situation would probably come to a halt again.
The best way is to find someone to take over.
Chen Pingsheng still contacted Tong Zelan, and her investment in Tengying Entertainment has already made her a lot of money.
In the capital market, he became famous in one battle.
If it hadn't been for the previous speech incident, Tengying would have reached at least 50 billion by now.
The main reason is that this year's financial report is too strong. In the first half of the year, Q1Q2 alone, the net profit was able to achieve a net profit of 1.2 billion.
Including the second half of the year, the overall financial report for 2016 shows a very gratifying increase compared to the same period last year.
It is definitely expected to become the company with the highest net profit among entertainment stocks in 2016.
Compared to others’ hundreds of billions, it is only over 30 billion.
There will definitely be large increases in the future, and Tong Zelan also knows very well, if it were not for the imminent acquisition of the battery factory.
It is impossible for Chen Pingsheng to sell the shares repurchased at a low price at this time.
It can only be said that he is also bold and careful in making money. Taking advantage of the fact that the capital market is not optimistic, he vigorously repurchases his own shares.
When the market improved, he resold it and made a net profit of several billion.
This is much higher than the original corporate profit.
In order not to affect the subsequent growth of Tengying Entertainment, the market value of more than 30 billion is far from reaching the end.
Tong Zelan united with the four major capital companies in Shanghai.
To jointly invest 5 billion, take over all the stocks in his hands.
Five billion, that must be far lower than the current stock price.
This is also normal. If he sells it directly, he will try to cash out all the money through the stock market.
Not to mention that the stock price of Tengying Entertainment, which has finally risen, will fall again.
Even in terms of time, it was completely too late.
It will take a long time to cash out all.
Now with a 20% discount, you can cash out all at once, and it will not affect the stock price of Tengying Entertainment.
It can be said that this is quite good.
Five billion goes in, eight and a half billion comes out.
The rewards are quite gratifying.
After Chen Pingsheng raised 8.5 billion, he officially asked the negotiation team to sign a contract with Zhang Zhiyao.
And held a news conference in Shanghai for Ultramar’s wholly-owned acquisition.
……
Magic Calendar, June 8, 2016. Financial reporter Meng Yuyu arrived early at the headquarters building of Tengying Group in Shanghai, carrying a backpack.
Companies that can own large office buildings in Pudong New Area have undoubtedly made great achievements in a certain field or in multiple industries.
Any office building costs at least one billion plus, let alone a super-grade A office building with a height of 22 floors.
The boss of Tengying Group is very mysterious. So far, no media reporter has been able to interview him.
She thought it was just a pity that even central media reporters could refuse, let alone local media.
It is clear that he does not want to show his face in public.
This is a very large group that first started selling fruits. Later, it has successively set foot in high-end health and beauty, entertainment, milk tea, coffee, live broadcast, hypermarkets and other fields, and has made great achievements.
Now entering the new energy industry, it has created the largest wholly-owned acquisition in this industry in a short period of time.
It can be said that the scenery is endless.
Along with many of his listed companies, the stock prices have also soared.
New energy vehicles are the second industrial transformation project supported by the state, and it can be said that countless resources and efforts have been poured into it.
Tengying Group entered this as an outsider and made more than 20 billion in real money in a short period of time.
It is definitely the largest capital player among this group of car companies.
No one knows whether it will succeed or not.
Just looking at his posture, it was completely based on the idea of success or failure.
No matter which company it is, no one has invested tens of billions in new energy vehicles from the beginning.
Everyone tries to save flowers as much as possible.
If you can’t research it yourself, then use someone else’s.
If you can do it for OEM, don’t build it yourself.
No one will spend tens of billions of dollars to enter the market like this group.
The new energy market is turbulent and uncertain.
Now that such a RMB player has entered, no one knows what its future will be like.
Meng Yuyu came relatively early, but many people came earlier than her.
After all, this is the new energy market, the largest single wholly-owned acquisition to date.
Want to be inconspicuous.
Looking at the three executives sitting here at Tengfei, they are all well-known people in the industrial world.
This time it’s not just a simple acquisition.
It was also announced by Yan Donghui that Ascendas will invest another 4 billion near Lingang to build its own Ascendas Ecological Industrial Park.
To put it more simply, it is the self-built Tengfei New Energy Automobile Industrial Park.
These mainly include three headquarters buildings, eight R&D centers, and employee dormitories.
Such an ecological industrial park is mainly used in conjunction with the super factory.
The super factory is responsible for overall production, while the eco-industrial park is responsible for headquarters operations and research and development.
If four billion is spent, at least 20,000 people can work together at the same time.
It will take about one to two years from construction to implementation.
It depends on the speed.
During this period, Ascendas will lease the office headquarters for use.
Meng Yuyu was really unexpected.
This side actually wants to directly invest another 4 billion to build an ecological industrial park.
With the momentum of spending money like water, there is no doubt that he is a real rich man.
Breaking news comes one after another, and even Meng Yuyu can't figure out how much money Tengying Group plans to invest in building cars.
No wonder he didn’t even bring in an investor. It’s true that no one is willing to invest money in him.
The main reason is that it burns money too fast.
It’s so fast that even the capital market can’t react.
(End of this chapter)