Chapter 177 The Prosperity of the Magic City

Chen Pingsheng borrowed 200 million yuan from his wife for turnover.

It is used to speed up 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 capital 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 operating 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 collateral, and I promise to give it to you within three days."

"I can also give you 500 million. You just need to use Tengying's shares as collateral."

Many people think that they need to please the bank for a loan, 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.

I have never used bank leverage to speculate in real estate or develop companies.

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 will naturally be prosperous.

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 couldn't believe that none of so many companies could survive.

Only one thing can happen when that day comes, 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 Qi Qi cannot hold on.

The market is turbulent and no one knows what will happen in the future.

What Chen Pingsheng can do best is not to rush forward or blindly.

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 total distance from Beijing to Shanghai is 1,200 kilometers, and it only takes about two hours by plane.

Chen Pingsheng took two bodyguards and a barrister and set off 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 you have money, it's heaven.

If you don’t have money, even the most remote small hotel will cost you three hundred and one nights.

It really 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 was 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 many sounds from outside while sitting on it.

It just felt like the scenery was going backwards and they were moving forward.

All the way from Hongqiao Airport to the famous Nanjing Street, even the air smelled of perfume.

Unlike 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 being 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.

Claims to have invested in half of the Internet.

It manages hundreds of billions of investment funds.

The bejeweled woman on his left is 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 family heir, a top wealthy family.

There is also a tycoon named Xu who is known as the god of the stock market here.

There are so many wealthy people, so naturally they are not here to wait for him.

Instead, he is waiting for a new Internet star who specializes in content distribution and short video recommendations.

According to him, what he makes can perfectly fit into the fragmented time of modern people.

Use super information computing power to let users browse their favorite information or short video content.

Although this kind of thing sounds simple, it is as difficult as climbing to the sky to really achieve it.

It needs to quickly identify the content that each customer likes the most according to their habits.

Then distribute and recommend from the massive content.

Finally, present what he likes to the customer.

The computing power required for this is beyond imagination.

Of course.

A project that can gather so many big guys must not be simple.

After introducing for more than ten minutes, many questions were asked before and after.

When they finally reported their valuations, everyone hesitated.

A project that has been in business for less than three years is valued at 7 billion... US dollars.

30% of the shares can be diluted, and the amount of funds obtained is 2.1 billion US dollars, which is about 15 billion RMB.

Shanghai is Shanghai. This project is so big that even Chen Pingsheng himself feels unimaginable.

Compared with what he has done, this valuation is truly beyond imagination.

Everyone wants to invest, but they all think the valuation is too high.

15 billion, this is a huge amount of money for everyone.

Even if Chen Pingsheng wanted to invest, he couldn't afford it at all.

At least he certainly couldn't afford it now.

Tong Zelan is similar, her family is rich, but she doesn't have much.

The projects she invested in have not yet reached the payback period.

A project with a valuation of 7 billion US dollars, except for Penguin, which can be swallowed by Ali, no one can easily swallow it.

She can only pass by.

As for Shen Nanpeng and Xu Xin, they do have the ability, but they still think that the valuation of this project is too high.

A perfect miss.

Investment is like this, you never know what you will miss.

You don't even know whether this thing you picked up will be successful in the future.

If you invest in one, like Masayoshi Son invested in Ali, then you are the god of the investment world.

Such people can only be one in ten thousand, and most people will still miss the opportunity.

It's like you have money, and someone uses this concept to ask you to invest 15 billion. I don't know how many people will dare to invest in the future?

The gentle founder of Douyin left just like that.

…

Come to Shanghai.

Chen Pingsheng also experienced what a high-end project is.

A project that has been valued at 7 billion US dollars in less than three years.

Compared with his projects, it is indeed more than a little bit better.

It's a pity that he doesn't have the ability to participate in such a project at present.

Of course, those who have the ability have missed it.

Tong Zelan invited him here, not to participate in such a project investment.

Bobo Milk Tea is developing very well now.

It's almost certain that Hua Qiangu will be broadcast in June, and by then, it will only need to launch a joint model.

The franchise sector is bound to go further.

According to her prediction, if Bobo Milk Tea continues to develop like this.

It will definitely be no problem to be listed at the end of the year with a valuation of 2 billion to 2.5 billion.

At that time, she can directly cash out hundreds of millions of shares in her hands and leave the market.

With an investment of less than 20 million, she can get back 300 to 400 million in a year.

This is undoubtedly a great success.

At least Tong Zelan is very satisfied with the development of Bobo Milk Tea now.

So, she also took the initiative to take on the responsibility of completing the C round of financing for Feiyangyang.

At present, Feiyangyang has more than 80 self-operated stores in Beijing, and more than 50 in Shacheng.

Add up to about 140 direct-operated stores.

In addition, there are headquarters training institutions in the four first-tier cities.

The monthly turnover is steadily over 120 million, and the annual operating income is about 1.5 billion.

It is already a large-scale catering group.

With such a scale, it is not difficult to achieve a valuation of 1.5 billion.

The catering industry does not have the kind of wind outlet that Internet companies have.

Otherwise, with its financial statements of a net profit of more than 50 million this year, it would be valued at tens of billions in the Internet.

The catering industry obviously has not made such great progress.

She found four or five venture capital groups, and after Chen Pingsheng introduced them privately, 450 million was easily gathered.

The cost was to dilute 30% of the shares.

He originally held 49% of the shares, and after this round, it only reached 34%.

The key is that Feiyangyang's financial report is really good. With such financial report support, the company can achieve stable income in rapid development.

That proves that the management is in place.

It is fully capable of further development.

Even if it cannot be listed within the prescribed period, as long as it is profitable and not losing money.

It 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.

The capital market is quite picky about people who are short of money.

Not to mention those who are losing money, no Internet company made money in the early stage.

Tengying has not officially gone public yet, so the financial report is not announced 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 last year, and they will all start to reap the rewards this year.

Once Tengying starts to go public, this company will definitely be the most valuable corporate asset in Chen Pingsheng's hands.

Mainly because he took 90% alone.

The 5% given to Yang Mi and Zhao Liying will not be redeemed until ten years later.

That is, it will be until 2024.

Once this company is worth 10 billion, then Chen Pingsheng will be considered a master in the capital market.

Even in this great city, his status is definitely not weak.

The investment in Bobo Milk Tea was originally an attempt to hit the project quickly.

The so-called fast-hitting project is to invest lightly and develop quickly, and go public very quickly.

Once Bobo Milk Tea succeeds, Tong Zelan suggested that Chen Pingsheng switch to coffee.

If the milk tea market is too low in threshold, it is very easy to cause too fierce market competition.

Then coffee shops are entrepreneurial projects with very high thresholds, and there are not many customers for such projects.

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 tens of billions when it goes public, but once coffee goes public, it will be at least tens of billions.

This is the difference.

Of course, this is all later.

Now let's just talk about the coffee market.

In fact, Tong Zelan invested the most in Internet projects, but it's a pity that Chen Pingsheng didn't do any Internet projects.

Even if she persuaded him to turn Shuiyunjian's door-to-door service into an Internet project, he refused.

Then she would not talk about the Internet in front of him.

Because Chen Pingsheng mainly focused on the traditional industry, and Bobo Milk Tea was just an attempt by young people to join the consumer market.

Facts have proved that he can sell fruit and fresh food well, and he can also sell milk tea well.

There are not too many industry barriers.

As long as he has the star resources of Tengying, he can easily cross these industry barriers.

Tong Zelan was also quite interesting when he heard him talk about the independent split of Tengsheng Fresh.

It's obvious.

Tengsheng Fruit, which is blooming everywhere in Beijing, will focus on developing its own fruit supermarkets and community fruit stores.

And the split Tengsheng Fresh will specialize in the fields of chicken, duck, fish, meat, vegetables and fruits.

Chen Pingsheng showed Tong Zelan the financial statements of Tengsheng Fresh in his hand.

Tong Zelan was shocked.

The turnover of a single store of Tengsheng Fresh was actually maintained at more than 200,000 every day.

The lowest monthly sales of a single store is about 7 million.

There is indeed a huge market for all categories of fresh food.

There is a huge flow of people.

It can almost drain the surrounding fruit stores and small vegetable stores within a kilometer.

The net profit of the store is maintained at about 5%.

According to this financial report, the profit of a single store is about 5 million a year.

One year of investment, less than a year can pay back.

The bigger the investment, the bigger the return.

If Tengsheng Fruit did not want to develop its own fruit plantation, it would not develop this side independently.

It can only be said that there is indeed a huge market demand for the fresh food market.

Once this part can be done well, it will definitely be good in the future.

Chen Pingsheng himself has just invested 100 million, and the goal is to open about 25 more stores in Beijing. He is not short of money for the time being.

There is no need to raise funds by diluting shares.

Even if Tong Zelan wants to invest a little in him, he has to wait until he is short of money or wants to raise funds.

This is a high-quality project!

He himself is not short of money, unless you can help him with something.

Otherwise, he would not accept your investment.

Investors always chase after good projects.

She thinks it's a pity anyway.

As his fresh produce business gets better and better, Feiyangyang's costs are saved.

He also plans to cooperate with He Bijun to develop his own agricultural breeding base next year.

Specialize in agricultural breeding.

Go to the countryside to contract a large amount of wasteland to grow organic vegetables and high-quality chicken, duck, fish and cattle.

The cheapest ones will definitely not be done, the profit is too low.

For example, some vegetables in the countryside are grown hard for a year, but when the wholesalers come to quote the price next year.

It's only a few cents per pound.

Even if you grow this kind of vegetable until you die, you won't make money.

If they grow vegetables, they must grow a cabbage for twenty yuan per pound.

Isn't it enough to hang it on the organic and natural label?

Rural people don't eat it, but rich people in the city focus on health preservation and like to eat such high-end vegetables.

This is what they want to do.

Anyway, it's impossible to grow too cheap ones.

He is now fully developing agricultural projects, and he will enter these areas sooner or later.

Anyway, he sells what he grows himself.

How can he not make money?