Selling vegetables.
It can only be said that it is expected and unreasonable.
He started planning Tengsheng Fresh Food very early, and originally planned to use it specifically for agricultural support projects.
Now these major Internet companies are trying to compete in the field of vegetable sales.
He might as well sell Tengsheng Fresh Food first.
I don’t know if the state will step in to stop it if this continues.
Chen Pingsheng always feels that there is this risk.
The Internet giants are large companies with hundreds of billions of dollars, and they are going to destroy the jobs of small merchants and hawkers and compete with them for their vegetable business.
This is not very kind no matter how you look at it.
This guy Chang Fu doesn't care about this. What he cares about is that Teng Sheng Fresh Food is worth 1.2 billion US dollars.
This is so unexpected!
Old Chen makes money everywhere.
“Would you like to attend the class reunion in a few days? Everyone is expecting you to attend!”
“If we hold a class reunion at our age, I’m afraid we have to bring Are the children gone?”
“Most of them must be married with children, and a small number are single.”
Chang Fu said: "That guy Yang Kang should also go. Do you know what his wife is doing now?"
"Why, become an Internet celebrity?"
"Internet celebrity talk If she doesn’t, she’s just working as a female anchor, dancing there every day.”
There’s no need to guess, she must be not doing well.
As long as he is successful, which man will let his wife dance in front of the camera all day long and call her brother to reward her?
"He doesn't know that your famous Mr. Fu has now become an internet celebrity?"
"He definitely doesn't know. This kid doesn't know what's going on. He used to have the best conditions in the family, but now he's having a good time. Being scolded by his wife."
Chen Pingsheng thought for a while: "Since we don't know, let's go see him another day without exposing our identity. Our situation can easily deteriorate the previous relationships."
Chang Fu thought for a moment and felt that it made sense.
They are all too rich, and many classmates and fellow villagers come to visit them, saying they want to reminisce about old times.
At the end of the story, it’s basically all about family difficulties.
This is boring.
Chang Fu himself always keeps more than one million yuan in cash in the office, and when someone he knows a little comes, he always takes thirty to fifty thousand yuan.
Once, not twice.
The home is very comfortable, especially there is a huge swimming pool on the first floor.
His wife would swim there for half an hour every night.
It’s about staying in shape.
Of course, she will not swim when there are people around. As for Chen Anan, she also swims like a doggy style.
She has gotten to know this child in Tan Palace once and for all.
I quickly confused myself into Sister An An.
There is no doubt that she is a social cow. As for the little baby Chen Xinyi, the two-year-old baby knows how to follow her sister and fool around every day.
After dinner, Chen Pingsheng took them for a walk.
Those who can live here are basically in a circle.
People in this circle tend to have relatively high quality, and they will say hello and get to know each other when they meet.
Everyone is either the president of a certain international company or the boss of several listed companies.
He actually knew a lot of big shots in the Magic City when he lived here.
Of course, he is actually a big shot himself, but Chen Pingsheng has never had that awareness.
The circles are almost the same, so there are many common topics for communication.
Everyone likes to drink tea and chat, either about national policies or the future economic direction.
Or the big changes that are about to happen in a certain industry are all focused on the future.
New energy is also the future, and he is the only one in Tan Palace who has invested tens of billions in the field of new energy.
He is also the seed player who has spent the most real money in this industry.
The people here come from all walks of life.
Even if the main business is not this, there are many industries involved in the side business.
This is the changing circle of the house.
If you can live in this place, what everyone talks about is not the small goal of making hundreds of millions, but the future.
Just like this house, almost all the owners think that the house has lost its hype value.
Real estate in the future will surely usher in an unprecedented turning point.
Hangzhou Ma has said this many times.
Once the real estate industry reaches an inflection point, the future economic direction will become confusing.
To put it bluntly, the current economic growth is too dependent on real estate.
No one can tell exactly which year will be the real turning point.
Chen Pingsheng himself can’t.
Anyway, this is what everyone talks about all day long.
In addition, there is another thing worth noting.
Last September, when Pinxixi was launched, there was nothing noteworthy about an e-commerce company.
Hangzhou Ma has always been a dominant player in the field of e-commerce, and even Big Penguin cannot shake it.
Not to mention the newly established Pin Xixi.
Pin Xixi’s strength lies in the investor behind him, Duan Yongping.
This is a legendary name. In the 1990s, he relied on the wealth of a small bully to gain freedom.
Later, in the era when mobile phones were the most popular, one person helped two top five people.
OPPO and Vivo’s blue and green factories are all done by him.
This man quit the world very early, but there are always legends about him in the world.
A truly Feng Qingyang-level figure.
Even Tong Zelan admired him highly.
Now his biggest move in the e-commerce field is to bring Pinxixi.
No one thought he could beat Hangzhou Horse.
However, in the already established e-commerce market, Pinxixi is still likely to tear open an inherent e-commerce gap.
This is an Internet e-commerce.
As long as it can open a hole, it will be worth hundreds of billions of dollars in valuation.
Pinxixi only completed Series A financing in August last year and is now running Series B.
He also met many people he knew when he came to the Magic City.
Including Shen Nanpeng. Chen Pingsheng called Lao Shen and asked him about Pin Xixi's specific situation.
The Series B financing will not dilute too many shares, and the development funds required are probably about 100 million US dollars.
To be honest, this little money is not enough for him to invest in a second-hand Guazi car.
Moreover, the smart thing about Pinxixi in finding investors is that it doesn’t just want money.
It also requires investors or institutions to have certain resources.
To put it bluntly, the investors behind it are not short of money at all. What they want is the resources that everyone can work together to develop Pinxixi.
Chen Pingsheng has established Tenghui Capital for some years, mainly to invest in his own companies.
The only exception is Guazi used cars, which were last valued at 3 billion.
Having received 1.2 billion in funds, they are rapidly staking out land across the country.
After Chen Pingsheng thought for a moment, he decided to invest in this new concept of social e-commerce in less than three seconds.
The main thing is that he himself has deep roots in the traditional retail sector.
We need to make some arrangements in the e-commerce field.
Tao Bao can no longer reach a high level, and the same goes for Qiangdong.
We can only focus on the newly established e-commerce platform, and as I said before, I’ll give it a shot first.
What if he becomes one in the future?
Chen Pingsheng participated in Pin Xixi’s financing game through Shen Nanpeng.
What is top-level financing? Pin Xixi is definitely it.
Chen Pingsheng could easily come up with more than 100 million US dollars, but Pin Xixi would never accept it.
The main reason is that his personal resources are limited.
Finally, after layers of screening, five investors were identified.
They are Tenghui Capital represented by Chen Pingsheng, and five well-known investment institutions including Big Penguin, Gaorong, and New World.
One of them is particularly noteworthy, Sun Tongyu, the father of Tao Bao.
Chen Pingsheng spent 150 million, and his shareholding ratio was pitifully small, only about 3%.
It simply does not conform to his philosophy of taking the bulk of the investment.
Quan should just make a friend, but he doesn’t think he can make much money with this small amount of shares.
It’s only 150 million anyway, so it doesn’t matter.
The investor, the vice president of Big Penguin, also pulled him aside, with the obvious intention of investing in his Tengying Entertainment.
Tengying Entertainment's current market value is more than 50 billion.
He alone holds 60% of the shares.
Disregarding the size of the company's market value, his personal net worth is one of the best even in this top wine company.
The kind where you don’t have to bend down to meet anyone.
Big Penguin has always wanted to invest in his Tengying Entertainment, and he has sent people to the capital several times to discuss it.
Chen Pingsheng simply disagreed.
Now that he thinks about it, he thinks he can actually sell some.
The main thing is that cooperation with Big Penguin will be more convenient for his own industrial layout in the future.
Big Penguin needs 15% of the shares, and the price quoted three months ago was valued at 15 billion.
At that time, it was the dark period of Tengying Group.
If Chen Pingsheng didn't think it was so awesome, he would never be allowed in.
Two months ago it was 25 billion.
In June it reached 32 billion again.
Three attempts to talk to each other failed, but the big penguin was still patient.
The reason why it is so determined to join Tengying Entertainment is that the TV series and movies it produces every year are too profitable.
Penguin Video owned by Big Penguin.
We also support iQiyi, which is supported by Du Niang, and Youku, which is supported by Ali.
The killing was inextricable.
Entering Tengying Entertainment is definitely a strategic goal.
It can greatly improve the status of Penguin Video.
It is even possible to become number one instantly.
Chen Pingsheng saw that he was so sincere, so he simply didn’t cheat him.
A realistic price was quoted.
Six billion, give up 10% of your shares.
The vice president was all shocked and wanted to ask him if he was serious.
Chen Pingsheng has a fixed price anyway. If you can't decide, go to Lao Ma.
To be honest, if he hadn’t spent too much money in the new energy field.
Why sell these 10% shares?
Of course, even if it is sold, it will not affect his absolute status as a major shareholder.
One thing to say is that if he succeeds in new energy, it will depend on his status as an independent investor.
All present were younger brothers.
Only two horses can be equal to him.
This is no exaggeration at all.
When others run a good company, they dilute their shares to obtain financing, but he himself takes the bulk of the money independently.
Even if your company has a market value of hundreds of billions of dollars, your shareholding is only 5%.
No more than 10%.
His own company is worth RMB 100 billion, accounting for 50% of the shares.
Do you dare to say you are better than him?
Unless you are like Mr. Ren, everyone is just comparing money.
Of course, the influence in the business community will definitely be somewhat inferior.
But there is no longer a situation where I have to please you when I attend a wine party.
Chen Pingsheng also did this through various share transfers or selling one or two companies.
Completely focus on new energy vehicle manufacturing.
Supporting a technology company can truly change its social status from quantitative to qualitative.
An investment of 6 billion, the vice president cannot decide.
I must go back and ask Lao Ma for instructions.
Chen Pingsheng is not in a hurry anyway, he has too many ways to make money.
My wife can still get two to three hundred million from Shuiyunjian and various major group branches every month.
Will he be short of a little money?
Only when you are not short of money can you talk to them calmly.
If Big Penguin doesn't accept this offer, isn't there A Li and Du Niang?
(End of this chapter)