Chapter 157: Chapter 137: October Executive Class
Chapter 157: Chapter 137: October Executive Class
The Siheyuan was bought.
Chen Pingsheng planned to turn it into his own retirement home in Capital City.
In the future, if he got old, he would raise dogs and walk cats in this Siheyuan.
The small days ahead would be unimaginably comfortable.
However, there was still one prerequisite.
He first needed to hire someone to redesign and renovate the place.
There were quite a few specialists in Capital City who designed Siheyuans, and the exterior could generally maintain a retro design.
The main appeal was the grandeur.
As for the interior, it was very particular—the modern style was truly comfortable to live in.
So, apart from the antique courtyard, the rooms inside would be modernized, yet the design still had to retain a certain retro style.
This was rather complex; he himself couldn't come up with any good plans.
Better to leave it to a professional design team.
Just designing the renovation for this Siheyuan would take at least a month, as every single detail inside needed to be measured first.
Chen Pingsheng was more and more satisfied the more he looked at it.
Having a 780-square-meter Siheyuan in Capital City was the only way to experience the joy of the people of the capital city.
The entire Siheyuan, from design to completion of the renovation, would probably take about a year.
No problem, he could certainly wait.
Only after the design drawings were finished and he was satisfied would he know how much the renovation would cost.
In any case, it was certain to be no less than thirty million.
After spending the money on the house, he had about 1.5 billion left.
He had also given one billion to his wife, Song Yanxi, so she could expand ten more Water Cloud Space clubs.
The rest of the money basically couldn't be touched.
It all had to be saved for investment in Tengying Entertainment.
Chen Pingsheng's plans were clear; during the seven-day National Day holiday, his family was almost entirely busy with this big Siheyuan.
Without a doubt, once the renovation was complete, the family definitely planned to move in.
It would be far too wasteful not to live in a property worth several hundred million.
Once the National Day holiday was over, the spoiled brat Chen An'an had to start school again.
Song Yanxi still fulfilled her little wish, sending her to school in an open-top Phantom.
As for Chen Pingsheng himself, the president class he attended for three days each month also started on October 8th.
The twenty-something presidents from his class gathered together once again.
Some were radiant with joy, others were smug with success.
Still others just snorted upon seeing him, like Wang Yanfeng, that son of a bitch, who changed his new girlfriend to a best friend's sister, and within half a month switched to the sister's older sister.
His inclination to eat the grass at his burrow was certainly developing well; who knew, maybe in the future he would progress from the girlfriend's sister to the mother.
"Chen,"
He Bijing came over to sit beside him, smiling, "Chen, last month you should've been the most radiant in our class, right? Hua Qiangu even let you sell it for a sky-high price of five billion. Who knew TV dramas could be so profitable?"
It wasn't that the TV dramas were profitable; it was him who was profitable.
With just this one drama, Chen Pingsheng had surpassed Feiying's efforts of several years. It would be strange if Wang Yanfeng was happy to see him.
"It's just alright, from this month I plan to formally invest in movies."
"Okay, Chen, you have always been the most steady earner in our class. Investing in movies should not be too far off."
He Bijing enjoyed chatting with him the most, mainly because they could get along well in conversation.
"If you invest in movies and still have that kind of eye for TV dramas..."
Tong Zelan also came over, a woman who always carried herself with a professional elite air.
Her dress was also quite sharp.
Light blue tight jeans paired with a front-short-back-long white blouse, just covering her buttocks.
It was quite fashionable.
Tong Zelan said, "TV dramas are something you've definitely nailed with your investment. With that kind of insight in movies, a thirty-billion valuation for Tengying isn't impossible."
"Heh," Chen Pingsheng waved his hand, "Zelan, thirty billion was the valuation in September. In October, Tengying Entertainment officially announced a valuation of fifty billion."
Tong Zelan was peeved.
What was the meaning of this? She had just come over to compliment him, and he was already raising the stakes?
Why? A fifty-billion valuation for an entertainment company was absolutely top-tier in the industry.
Of course, it couldn't compete with those listed film companies, but in the drama circle, it was already the highest tier.
Tong Zelan sat down on his table in a very ungraceful manner and said, "Chen Pingsheng, aren't you being a bit too excessive here? Although your investment in Hua Qiangu has indeed skyrocketed Tengying's fame, a thirty-billion valuation is already astronomical and now you've suddenly increased it to fifty billion. Don't be too greedy, or you might end up holding all the shares yourself."
"Who gave you the courage?"
Of course, it was Golden Finger Grandpa.
He could now analyze the investment return rate for movies; thirty billion was obviously too low.
Even fifty billion took into account Tong Zelan's role in helping him go public.
Chen Pingsheng spoke indifferently, "Let's not beat around the bush. The reason I can evaluate Tengying at this valuation is clear. If you all think fifty billion is too high now, one year later when I quote a hundred billion, I'm afraid there will still be people scrambling to buy."
"You're that confident?"
Tong Zelan frowned, wondering which mistress he had found to restore his sense of victory,
Leading to such an inflated confidence.
Anyway, a fifty billion valuation is far beyond her expectations.
If we can't agree, then there's no need to discuss it.
Let's continue talking about Fei Yangyang's matters. Tong Zelan personally invested fifty million, taking a 10% stake.
The other classmates put together another billion, and a month had passed with everyone wanting an update on the specific progress.
The current plan is clear: Invest the entire billion in Capital City.
Open another fifty Fei Yangyang Hotpot Cities.
Fifty million was taken by Gao Hu to Sha City in Southern Province, with a plan to open fifty branches in three months.
Tong Zelan nodded her head, "Hua Qiangu is also aired on Mango Channel in Southern Province. It's indeed the most prudent to choose there as the first market to expand outside the province."
"I originally planned to organize a Series C funding round for you after half a year. But now it seems that it won't take that long. Once Hua Qiangu airs and becomes a hit, we can immediately strike while the iron is hot and complete a fifteen billion valuation for Series C."
After Round C, it would be reasonable to consider going to Xiangjiang to buy a shell company and list on the stock market through rounds D and E.
Building it up step by step on our own is not as fast as buying a shell and then issuing stocks through several major securities companies to take Fei Yangyang public.
Tong Zelan predicted that once Fei Yangyang was running smoothly, it would definitely be able to complete the listing plan within two years.
By then, her investment of fifty million would be quite successful.
There should definitely be several small goals achieved in returns.
As for how much exactly, it still depends on how Fei Yangyang performs in the later stages of its operations.
"Excuse me for a moment, you two,"
The toy tycoon of the class, Hu Ding, came over. He was also somewhat famous in the toy market of Guangdong.
His company was doing quite well, and he was just over forty.
"Old Chen, first of all congratulations to you. To make so much money from a TV series is unique in our class. But I heard that your drama is a fantasy martial arts series, isn't it?"
"That's right, it's a fantasy martial arts series."
"Fantasy martial arts, that's great."
Hu Ding was especially good at finding opportunities. He said, "The audience for such dramas are all young people, who still like to spend money nowadays. Old Chen, to be honest, big brother here wants to discuss a business deal with you."
"What's the deal?"
Chen Pingsheng was quite interested when someone from the toy business came to him.
Hu Ding then said, "Naturally, it's the toy business relating to the Hua Qiangu IP rights."
"Oh…" Chen Pingsheng was just worrying about how to develop the derivative market for Hua Qiangu merchandise.
Now, the opportunity had come.
Hu Ding intended to buy the rights outright.
Chen Pingsheng didn't agree with that proposal; he wanted a cut of the sales.
His terms were clear: for every Hua Qiangu related product sold, he wanted to take half of the revenue.
"I think both of you shouldn't negotiate separately,"
Tong Zelan chimed in from the side, "Let's just do it this way: Old Chen, you provide the IP rights and have Zhao Liying, the lead actress, to endorse and promote it. Hu Ding, you're in charge of production. I'll take care of forming an online sales team, pre-promote and create buzz. Let's split the profits 442."
She gets two, while Chen Pingsheng and Hu Ding each get four.
This seemed fair. Chen Pingsheng himself didn't know anything about producing toys, and blindly finding a factory to outsource production might not be suitable.
With the expertise of Hu Ding, the toy tycoon, this issue could be perfectly resolved.
Hu Ding would naturally to take care of the offline sales as well.
He already had an extremely powerful toy distribution market.
Online sales could be confidently entrusted to Tong Zelan, as she had been investing in the internet scene for years and was absolutely an expert in that field.
Her internet talent pool was exceptionally strong.
Leaving the online promotion and sales tasks to her was certainly the best decision.
To make money in this field, you have to start early.
Everyone knows the situation in the country; any delay means that once Hua Qiangu becomes popular, the market will be saturated with knockoffs.
They were playing their cards early, and even getting a legal team ready.
If any knockoffs showed up, they'd tackle them immediately.
At least they could suppress the imitators for a while, which was enough time for them to sell out of the original Hua Qiangu merchandise.
Initially, Tong Zelan was just looking to make a little pocket change, maybe a few tens of millions.
Such a trivial amount, not requiring much effort.
Collecting whatever profit comes would be great.
Exactly how much could be earned would depend on the popularity of Hua Qiangu.
If it really became the drama of the year, then the income would be substantial.
Chen Pingsheng agreed, knowing that good cooperation would result in a win-win situation.
The three parties would collaborate, hoping to reap another round of profits from the merchandise outside of the Hua Qiangu rights.