Chapter 675 Capital Restructuring

The next day, the school was closed.

The four girls in the first year of high school each went home in their own direction, and there were a lot of parent cars outside the school.

Chen Pingsheng himself still drove the Volkswagen Passat that was specially used to pick up girls.

This was not low-key among the parent cars, but it was a bit too ordinary.

There were many luxury cars in Shanghai, and those with a little income were all BBA.

It was only because the big brat didn't want people to know his true identity that he deliberately got such a Volkswagen Passat worth more than two million.

He was also very busy during this period. After being busy, the most important thing was to pick up a few children and ask about their learning situation.

And then see if they had any difficult problems.

Chen Anan came out quite early, with the other two roommates.

Chen Pingsheng immediately greeted him, "An'an... this way."

"Dad, why are you here alone?"

"Your mom went to a meeting, and I happened to be free today. Besides, what could be more important than picking up your daughter for the holiday?"

Chen An'an chuckled, overjoyed, "Dad, there is a female classmate in our dormitory who particularly admires you."

"Really? Is my charm big enough to influence high school students?"

"I can't say how big your charm is, but I'm sure there are many people who admire you in Jinshan."

After getting in the car, Chen An'an asked him again: "Dad, why are you often in the news recently? Didn't you hate these things in the past?"

"There are some special reasons. I won't do that after this period of time."

Originally, he wanted to leave directly, but who knew that a domineering woman came in front of him. She didn't pick up her own child and blocked the car in front, not letting anyone go.

If it weren't for the prohibition of honking in this area, I'm afraid all parents would vent their dissatisfaction by honking the horn based on the woman's behavior.

"Who is that woman? She's quite overbearing!"

"She's really overbearing. Her daughter is a classmate of ours. She doesn't take ordinary classmates seriously."

"Is that so!"

Chen Pingsheng still obeyed the traffic rules honestly. When he met such an overbearing and unreasonable woman, what else could he do except sit in the car and wait!

The people who went to negotiate with her in front were scolded back one by one.

"Dad, do you think we should shoot a Douyin video to make her popular?"

"It's unnecessary. It seems a bit too bad."

While saying this, Chen Pingsheng still took out his mobile phone silently, magnified the situation in front, and took a very clear picture of the overbearing woman blocking the road.

Some people are so unreasonable. Unless they meet someone who is more advanced than her, they don't care about what others think.

They don't care how much trouble they have caused to others. The woman in front is obviously such a person.

She is the only one who parked her car in the middle of the road among so many parents' cars.

The car is also very good, a Rolls-Royce Ghost.

After her daughter came out, Chen Pingsheng had been waiting for almost 20 minutes.

"Dad, why don't you drive the family's nice car next time? That way, no one will dare to stop you."

"That's not necessarily the case, but driving a luxury car can really help you avoid some of these small troubles."

The father and daughter went home, and Chen Anan had a few days off this time, and she could have fun at home again.

The house was still comfortable, with a huge super villa with everything.

When Erpi Ya also came home, she followed her sister and asked if the high school study pressure was big.

Is it easy to get the first place or something?

Chen Anan didn't want to talk to her, and felt that it was meaningless, mainly because Erpi Ya always thought that being second was harder than being first.

She herself was like this, but her sister was not.

When Yan Xi came back, Chen Pingsheng told her that he was going to Guangzhou to discuss the reorganization and merger of Tengying Entertainment and Tengyou Media.

Another way of understanding it can also be said that Tengyou Media directly acquired Tengying Entertainment at a cost of 80 billion.

The profitability of Tengyu Entertainment has not met expectations in recent years. Instead of wasting time like this, it is better to let Tengyu Media complete the merger directly.

The next day.

He took his private plane to Guangzhou, and brought Big Butt Baby with him.

After his recent acquisition of Wanda Commercial Management, there was a lot of noise, and it is time to sort out these traditional enterprises under his control.

For ordinary people, Tengyu Media is just an Internet celebrity economic company, while Tengyu Entertainment is a super entertainment company with half of the top celebrities in the entertainment industry.

Even if the two companies want to merge, it is Tengyu Entertainment that will acquire Tengyu Media.

Because most people have the inherent impression that celebrities are much more advanced than Internet celebrity economic companies.

But in the eyes of the capital market, the current Tengyu Entertainment cannot be compared with Tengyu Media in terms of scale or profitability.

You should know that Tengyu Media not only has more than 350,000 contracted union anchors, but also has no less than 1,000 small Internet celebrities with millions of fans.

Some of them are popular for a few days and then immediately die, while others can be popular for several months.

Internet celebrities who can remain popular for a year must have their own core advantages.

For example, Li Ziqi, who was badly cheated by her own company, has stopped updating for so long, but there are still endless news about her on the Internet.

This is the real top anchor.

In terms of profitability alone, the current Tengying Entertainment is at least ten streets behind Tengyou Media.

If Tengyou Media swallows up the entire Tengying Entertainment, it will be very likely to help it achieve a market value of 500 billion.

It can also improve the high-end celebrity resources of the entire Internet celebrity industry chain.

The same.

For Tengying Entertainment, once this merger is completed, it means that the celebrities who have previously obtained options can successfully cash out.

In the current market situation, if there is no big capital to acquire, as long as the options in the hands of those celebrities are sold out, the stock price of Tengying Entertainment will immediately avalanche.

The current stock market is so fragile, and that is why no big star opposes this merger plan.

After all, Tengyou Media is also under Chen Pingsheng. Now this left hand to right hand, not only can the stars with options be successfully cashed out.

It can also make the stock price of Tengyou Media rise, which can be said to be killing two birds with one stone.

When Chen Pingsheng landed at the Baiyun headquarters in Guangzhou, it was already three o'clock in the afternoon.

Secretary Zhang Wanyi and a large number of senior executives of the company had been waiting here for a long time. In addition, a group of big stars of Tengying Entertainment, including Liu Yifei, Yang Mi, and Zhao Liying, were also waiting here.

This is not a small business, but a matter of cashing out their billions of shares, so naturally they are more active than anyone else.

At present, the market value of Tengyou Media is as high as 320 billion, and Tengying Entertainment is already less than 80 billion.

Chen Pingsheng had already had a merger plan before he came. This time he came just to inform everyone and let everyone be mentally prepared.

First of all, the first step is to announce the news to issue 20% of Tengyou Media's shares.

What does it mean?

For example, Tengyou Media's shares were 100% before, and it will become 120% through this additional issuance.

Shareholders who do not pay will have their shares diluted to a certain extent.

Of course, once this acquisition is completed, the diluted shares will be completely insignificant.

Because after the completion of this acquisition, Tengyou Media's market value will rise to more than 400 billion at the lowest.

The purpose of issuing additional shares is to raise money.

Tengyou Media will get nearly 60 billion at one time through this additional issuance.

Among them, 45 billion is to buy back the absolute controlling rights of Tengying Entertainment... 51%.

And this money will also flow into the hands of those who own Tengying Entertainment shares.

For example, Chen Pingsheng still has 10%, so he can get 8.5 billion.

Zhao Liying also has 4.5%, and can also get about 4 billion.

Yang Mi has 5%, Liu Yifei, including Shen Teng who joined later, Wu Jing and others will have less.

Please...collect 6...books...!

But at least 1.5 billion or 1.6 billion can be cashed out.

The reason for promoting this merger is that the ten-year period has expired, and the options in everyone's hands cannot be just a string of numbers. Chen Pingsheng must find the most suitable way to cash out for them.

After completing this cashing out, everyone will definitely be financially free, but not without conditions.

That is, they have to sign a new 15-year work period with Tengyou Media, and the contract is almost exactly the same as before.

If everyone leaves Tengying Entertainment immediately after cashing out.

That means that Tengyou Media will get back just an empty shell.

Of course, it will not do such a stupid thing.

It can be said that the biggest benefit of completing this merger is that it can allow everyone to get the best way to cash out.

After the major shareholder of Tengying Entertainment was replaced by Tengyou Media, it was able to stop the previous decline at the fastest speed.

This is its ultimate significance.

The capital market has always been like this. Forming alliances and expanding through buying and buying has always been the fastest business model.

Tengyou Media has become the major shareholder of Tengying Entertainment, so it is no longer an Internet celebrity economy company in the general sense.

In addition, it has a listed department store company and a listed company in the clothing field.

In addition, Chen Pingsheng also plans to split the cinema operation rights in Wanda Commercial Management and sell them to Tengyou Media at a price of no less than 3 billion.

Let it complete its entertainment expansion and the double expansion of offline cinemas in one step.

It can be said that if his traditional listed companies are separated, they can be said to be in crisis step by step according to the current market conditions.

If they are combined in the best way, the previous ten small kings can be combined into three big kings.

The capital integration here is undoubtedly very complicated, but the final result is very optimistic.

As soon as the news of the acquisition of Tengying Entertainment came out, the stock price rose for seven consecutive weeks.

The rise will continue for a long time. In just a few days, Tengyou Media also maintained a trend of rising stock prices.

This is good news.

The integration of capital is only the first step. The second step is to make good use of the advantages of short videos to improve the entertainment industry's continuous decline in recent years.

If you really want to merge the two giant companies together, it will be impossible without a few months.

Chen Pingsheng did not participate in the actual integration later. He only made some reasonable suggestions.

For example, let Tengying Entertainment still operate independently, but when Tengyou Media needs its resources, including the establishment of a new project team, Tengying needs unconditional support.

After all, the downturn in the entertainment industry has become a fact, and short videos are the current young economy.

In addition.

Wanda Commercial Management's resources are also beginning to connect here.

Once it is fully connected, Tengyou Media will definitely become a newly emerging super unicorn group in China that spans entertainment, short videos, department stores, and investment.

If possible, Chen Pingsheng even hopes to sell Feiyangyang to Tengyou Media.

But its price of 6 billion is nothing to Tengyou Media.

The key is that after selling it, there is no guarantee that Tengyou Media can successfully turn losses into profits.

But you can still try it. After all, there are too many Internet celebrity resources there. You can use the rich Internet celebrity resources to make Feiyangyang a leading Internet celebrity catering company again.

Chen Pingsheng's first attempt is to send a message to the outside world to see how the capital market reacts.

If Feiyangyang's stock price rises after this news, it means that this matter is feasible. If the stock price falls, it means that the capital market is not optimistic about this acquisition.

Only three days after he released the news, Feiyangyang's stock price ushered in a substantial increase.

It seems that the capital market is also optimistic about the Internet celebrity economy + traditional catering.

Chen Pingsheng called Zhang Wanyi and asked the teams on both sides to talk about it themselves. Feiyangyang's stock price is already the floor price. With the current size of Tengyou Media, it can be said that it can be acquired without any effort.

The valuation was even given as 8 billion.

This time, Tengyou Media did not just take 51% of its controlling stake like it did when it acquired Tengying Entertainment.

Instead, it directly took out 8 billion to take back all the shares of Feiyangyang.

With this stock price, it simply announced to delist first.

After the business is well managed in the future, it will reapply for listing.

Wanda did this before, but it failed. Now Tengyou Media is doing the same, obviously thinking that the market value of Feiyangyang is seriously underestimated.

They will take back all the shares and reapply for listing after they have completely completed the Internet celebrity economy + traditional catering.

It has to be said that Zhang Wanyi is still somewhat confident to take this step.

At their current level, they are no longer limited to improving business methods in the general sense.

It is a bigger capital game, making huge profits through capital games.

This is much smarter than making ordinary profits in the traditional sense.

Tengyou Media has done this twice before, and it was undoubtedly very successful.

That's why it has a market value of over 300 billion today, and it will soon be 400 billion.

After solving Feiyangyang's problem, Chen Pingsheng felt relieved.

Otherwise, it would be a shame to subsidize it with 400-500 million yuan every year.

Although this amount of money is nothing to him, as a successful businessman, there is no reason for him to keep losing money.

Now, after selling it to Tengyou Media, let it do whatever it wants.

Zhang Wanyi thought of a good idea, which is to divide the regional small business areas without changing the traditional catering of Feiyangyang.

In these small business areas, introduce big Internet celebrities to invest. These big Internet celebrities have traffic. If you let them open a store by themselves, they will basically lose money nine times out of ten.

But if you let them attract traffic to the store, they can do very well. (End of this chapter)