Reaching the age of thirty, my income randomly doubled

Chapter 299 - 218: Fei Yangyang IPO Success

The Tengying Group’s autumn recruitment has ended.

Countless people were beating their chests and stomping their feet, angry at themselves for not preparing in advance.

They had hoped to cast a wide net and be satisfied with catching just one.

This resulted in many college students, who originally had great chances to work at Tengying, directly missing the opportunity.

It was also Tengying Group’s fault for not announcing their intern benefits in advance.

As a result, the details about intern compensation and benefits were only published after the completion of the autumn recruitment.

"Look at this, are these the kinds of benefits an intern should receive?"

"Considering that they just started working and don’t have money, the boss gave each person a cash reward of ten thousand."

"Isn’t this the same as doing charity?"

"Everyone says Tengying’s boss is good, but you can’t experience it unless you’re inside. Once you’re in, you realize he’s the ceiling in the world of bosses."

University autumn recruitments are usually very popular both on campuses and online.

This is a big deal for a million graduates.

Any little movement can cause a sensation on the internet.

Especially the night when Tengying ended their recruitment, and thousands of interns who joined Tengying blasted the details of their benefits online.

It caused an earthquake-like effect in the university circles of Capital City.

An eight thousand monthly salary during the internship period?

Once the Global Fortune 500 companies come to the country, there has never been any better than this.

The group also arranged single apartments for them to live in, free of charge for three months.

After three months, they could enjoy a monthly rental subsidy of two thousand from the group.

With two people sharing, and adding just a little bit more, rental pressure is completely off the table!

And they could live comfortably in the big Capital City.

After becoming regular employees, the base salary plus various benefits and the year-end bonus come into play.

The starting income for a year was over 150,000.

It was rumored that the group also distributed bonuses sporadically.

Purely at the boss’s good mood, casually handing out tens of millions.

People used to not believe it, but now it’s truly believable.

This was the ceiling level for interns, indeed.

With such exaggerated benefits, the students who were screened out from Tengying’s selection process.

Each and every one of them wished they could turn back time by a month and focus solely on preparing for this recruitment event.

Although this recruitment event was a big hit and caused a sensation in the university circles of Capital City,

Pingsheng took a flight directly to the headquarters building of the group in Greater Magic City after the recruitment ended.

The twenty-second floor of the Magic City headquarters cost 1.6 billion.

Both the location and the prestige surpassed that of the headquarters building in Capital City.

The newly established Antler Coffee moved inside there.

The brand logo was placed along the western wall.

The already listed Bobo Milk Tea also moved inside, with the brand logo next to Antler Coffee.

Other departments like department stores, fresh food, and entertainment all moved their branches there.

The reason he was in such a hurry to come over this time was mainly because Bobo Milk Tea’s ice cream and milk tea combo in Guangdong was a huge success.

It was even more successful than anticipated.

This idea was proposed by Chu Qiuyan in September, who then personally took the team to the Guangdong market to improve Bobo Milk Tea stores.

First, they promoted it in one city, and after finding the effect was especially good, they decisively expanded it throughout the province.

Now, when returning to Magic City for an improvement report, almost the entire Bobo Milk Tea team welcomed her back with the warmest applause.

It proved that crossing over milk tea with ice cream was completely workable.

Just like his original idea of pairing fruit with fresh produce,

It not only exploded the number of customer transactions but also brought a single store’s turnover to a new height.

After Yang Qian left, he had been considering who to appoint as the new president of Bobo Milk Tea.

He had too many things to busy himself with and couldn’t be here every day for the reports.

Now the situation was very clear, Chu Qiuyan was unanimously considered the best fit.

Her youth was directly overlooked because of her personal capabilities.

She became the youngest president within a listed company.

That was quite legendary indeed.

Chen Pingsheng came over this time to decide on upgrading the Bobo Milk Tea stores to the second generation.

Following the ice cream + milk tea model.

Additionally, he invited Yang Mi to come back to endorse and market Bobo Milk Tea once again.

Her recent "Three Lives Three Worlds" had an astonishing viewership.

Riding on her role as Bai Qian, they would create co-branded Bobo Milk Tea flavors.

In the upcoming period, Bobo Milk Tea’s stock price was sure to surge again.

Chen Pingsheng himself continued to reduce his holdings of Bobo Milk Tea shares.

Even though selling high was most expected, it could easily plummet the painstakingly improved stock price.

In the trend of a general uptick, transitioning out of his stock holdings smoothly was the most secure strategy.

After all, he had made five or six billion through this stock market bottom-buying.

What was left was just to wait for the six-month lock-up period to end, when his 13% of the original shares would be the real jackpot.

Given the current rate of growth, Bobo Milk Tea’s market value would at least soar to around 60 billion by that time.

No wonder Yang Mi was so prompt and enthusiastic.

She still had 6% equity herself.

Once the market value hit 60 billion, the earnings would be too substantial.

Chen Pingsheng slowly cashed out his remaining shares and then went to check out the group’s development in Magic City.

Tenghui Department Store spent over eight billion purchasing two single-floor prime storefronts in the Pudong New Area,

And three billion he spent in Lujiazui to buy an entire floor.

Each boasting an area of over three thousand square meters.

The rest of the money was for opening new stores; 15 billion could only open three.