Chapter 433 Asset Restructuring

Yao Shan and Jiang Hong's wedding was still extremely grand.

Many core technicians from Tengfei New Energy also came.

Chen Pingsheng was originally a matchmaker, and now he is the witness of the two people's wedding.

So he has to drink a few cups.

The days passed slowly and it was the Lantern Festival. After eating Lantern Festival at home, Chen Pingsheng was ready to resume his normal work in 2018.

His wife had already been flying around and busying herself everywhere, while he was still at home leisurely. This is not okay.

2018 is definitely the best year, whether it is the entertainment industry, real estate or the current short video industry.

In January, Tengying Entertainment launched a grand trainee competition, and the curtain of the draft officially opened.

This year's housing prices are still soaring, and this is the last time for ordinary people to cash out.

The price increase to reduce inventory has continued to a historic high, and it is destined to usher in an epic turning point if it goes down.

Chen Pingsheng even sent an open letter internally to alert all employees to this wave of price increases.

To put it bluntly, it means not allowing employees to take over at this historic high point.

If the house is not taken over well, it is no joke that ten years of work will be in vain.

He cannot shout to the outside world like Lao Ma, but it is not a big problem to express opinions within his own group.

Not only real estate, but also the entertainment industry has ushered in the final big explosion.

Even Douyin, which has been established for less than two years, has ushered in a huge traffic explosion this year.

Countless young people flocked to it, trying to change their fate by shooting short videos.

In fact, this has indeed become the easiest way for the new generation of young people to get rich by crossing the wealth class.

Internet celebrities have become a force that cannot be ignored in this era.

There are good and bad.

The advantage is that young people can complete the dream of wealth that could not be realized in the past ten or even twenty years in just one year by shooting short videos.

It gives most young people a fair opportunity.

The disadvantages are also obvious. If you ask more and more young people and even students, what they want to be most when they grow up is no longer teachers or scientists.

But Internet celebrities.

The Internet celebrity economy has really ushered in a big explosion this year.

If you look at it this way, this year is really the best year and the most brilliant year.

Chen Pingsheng was evaluated as a good boss who values ​​technology by attending Yao Shan's wedding.

Then he directly issued a document within the company, and all mid-level technicians who reached T4-T6 would be given a 500,000 yuan wedding gift when they got married.

The serious illnesses of his parents, including his wife, children, and family relatives were covered by the medical fund he personally established.

And experts in the technical field of T7-T8 not only enjoy the free medical care provided by him personally, but also the same for the whole family.

The first marriage also enjoys a million-dollar gift.

A young man who grills skewers on the street, casually shoots two videos and becomes an Internet celebrity. He earns tens of millions a year and drives a Rolls-Royce to marry an Internet celebrity, Bai Fumei.

And R&D personnel who have worked hard for decades or even worked hard need a lifetime to achieve this income.

To a certain extent, this has more disadvantages than advantages on society.

Even though he has two super-large Internet celebrity economic groups, he still said so in his New Year's speech.

Because Internet celebrities cannot increase the core competitiveness of a group, let alone participate in the country's global business competitiveness.

It can only bring a bad example to young people.

And scientific and technological research and development is the foundation of a strong country.

The future competition between major powers will definitely collide directly in this aspect.

Therefore, at the beginning of the new year, he issued three documents in a row to emphasize the core position of technicians and R&D talents in the entire group, including the company.

Even provide them with sufficient pensions and free medical services, and provide a good gift money for major events such as marriage and childbirth.

Of course, only for first marriages.

Tengfei New Energy has been established for almost two years.

At present, there are more than 60,000 core technical personnel, in addition to the core city of Shanghai.

Major research centers are also spread across Beijing, Wuhan, Shenzhen and other places.

Tengfei New Energy, which has invested more than 100 billion yuan, has also reached the final stage of the tough battle.

There are still eight months before the test release of the first new energy vehicle.

After completing the six-month test, his biggest trump card, Tengfei Technology, will officially enter the historical stage of China's industrial upgrading at the end of 2018 or even in 2019.

To this end, Chen Pingsheng cashed out 10% of Tengying Entertainment's shares again. After getting 12 billion yuan in funds, he took out 8 billion to supplement Tengfei Technology's R&D funds in the second quarter of 2018.

Unlike other companies, once a technology company fails to prepare in advance in the field of funds.

Then all its R&D work will be limited to the current work.

And it will not be able to prepare for the next five or even ten years with peace of mind.

Therefore, Chen Pingsheng will transfer the full amount of R&D funds required by Tengfei Technology to the company's account at least two quarters in advance.

This is related to the future of the company, and he will definitely not be negligent.

Even if the shares of Tengying Entertainment are cashed out to only the last bit of controlling rights, it will not be a pity.

Tengying Entertainment, which has been with him growing up, now he only has 20% of the shares.

And the market value is still 160 billion.

This is probably the highest market value, and not falling is the biggest victory.

Even if he is the dominant player in the entertainment industry, he cannot reach the 200 billion mark.

Unless Tencent Entertainment can produce a movie that sells well around the world, which has proven to be unlikely.

Therefore, he has to cash out at the highest point in history.

Transfer this part of the funds to stocks with greater appreciation prospects.

He will use all the remaining 4 billion to increase the value of Pinduoduo's IPO.

Ensure that his 3% stake is not diluted.

He likes long-term investment and is keen on investing in super-large companies.

For example, he now has 3% of Pinduoduo and Meituan.

Another super-large company is Tesla, of which he currently only holds 2%.

When his Guazi used car is listed, he will definitely increase his holdings.

At least he must buy 3% of this part of the shares.

The status of new energy vehicles in China is too special. If nothing unexpected happens, Tesla's stock price is destined to rise in the long term.

With his wealth, he does not need to invest too much.

He is optimistic about several super-large companies, and long-term investment and holding is the fundamental.

As for why he does not invest in BAT, the reason is very simple.

It has already developed into the domestic ceiling. Once the overseas market cannot be opened, it will be a typical case of infighting.

The stock price cannot continue to rise like it did ten years ago. As for Moutai, a company selling alcohol, the market value exceeds one trillion.

He still hasn't figured it out.

It is even more impossible to arrange his own assets into this.

After 2018, he not only needs to determine the group's development strategy with R&D technology as the core for the next five years.

He also needs to quickly arrange his assets in a new round in this process.

Tengying Entertainment, which is at its highest point in history, should be sold.

It is obviously more meaningful to use this part of the cashed-out funds for R&D and to increase holdings in Pinduoduo, which is going through an IPO.

As for the shares of other listed companies in the group, Feiyangyang, including Bobo Milk Tea, Tenghui Department Store, and Snack Fast Run, only have 5% left.

There is no possibility of cashing out, and the only thing left is to maintain stable operations.

And Lujiao Coffee's original shares are only 5%, and 15% was recovered from the secondary market after shorting through Muddy Waters.

Lujiao Coffee is going global, and its stock price is far from reaching its peak.

It is not time to cash out his 15% of scattered shares.

Tengying Entertainment, like Yateng Short Drama, has 20% left.

Tengying Entertainment can only cash out once a year, and more will easily cause panic in the capital market.

So there will definitely be no more cashing out this year.

And Yateng Short Drama will have a lock-up period of half a year after listing.

It is expected that it will not be officially cashed out until the second half of the year, and this part of the assets will also be cashed out when the time comes.

The threshold for short dramas is too low to support long-term development.

As for Xinteng Live, there are only 8% of the shares left, and it doesn’t matter whether it is cashed out or not.

Wait for a good time to cash out the extra 3%.

It can also activate the random increase of the golden finger, and the two sides should add up to 30 to 40 billion.

And the most valuable shares in his hands have become Tengyou Media, which he started to cultivate two years ago.

After waiting for so long and spending billions, he finally waited for Douyin to grow and develop.

His 80% shares are not ordinary valuable.

When it comes to Tengyou Media, we have to mention another failed investment.

Penguin refused to give up the short video bonus and invested heavily to support its own Weishi.

Even when he thought that the strength of the big penguin should be able to make a difference, Weishi turned out to be even more helpless than Adou.

Even with such a good father, he couldn't help it at all.

All the 500 million he invested was wasted.

Now all the Internet celebrity teams on Weishi have been withdrawn to Tengyou Media and Xinteng Live.

Completely give up the big penguin's Weishi.

He has failed in many investments in recent years, but none of them was as bad as investing in Weishi.

Not only did he not get a penny, but he also wasted a lot of manpower and material resources.

Now he sees that the opportunity is not right and runs away early, and he won't continue to play with it like this.

The big penguin must be even more depressed.

Not to mention the funds invested, even the traffic invested is beyond imagination.

The project he raised like his own son ended up like this...

After Chen Pingsheng reorganized and sorted out his most important assets, the only thing left was to promote the listing plan of Guazi Used Car, an Internet company he had also raised for three years.

After getting the money, he will buy Tesla shares.

Although he and Tesla are destined to be competitors, this does not prevent him from using Tesla stocks to make money for himself.

Such a global new energy company that has been established for more than ten years has been introduced to China, a land that treats new energy as its own son.

The future stock price is hard to imagine. Chen Pingsheng has no doubt that it will exceed one trillion US dollars one day.

In this case, how could he not increase his holdings.

Once the asset restructuring is completed, he will not have to worry too much even if he faces waves in the next three to five years.

After all, he has moved his money to so many baskets that are still rising rapidly.

The ability to resist risks is beyond imagination.