Chapter 277: Chapter 203 Out to Sea for Fun
Chen Pingsheng leisurely boarded his own Livia yacht with his family in tow.
It was the National Day holiday, and there were quite a few yachts lining up to head out to sea.
They sailed into the sea against the breeze.
The yacht glided smoothly across the sea, the sea breeze gently brushing his wife's face.
Her hair fluttering in the wind, looking quite beautiful.
After circling around the Huangpu River, they set off towards a larger body of water.
The Little Fart Kid, on his first sea outing, was so excited that he hopped around.
Moving about with his little short legs, he was especially adorable.
However, his mom still made him wear a small life jacket. Just in case he fell into the water, it would keep him afloat for a timely rescue.
Upon reaching a quiet stretch of sea, the yacht stopped in the middle of the area.
Chen Pingsheng expertly set up three fishing rods at the back of the yacht. What man doesn't enjoy a bit of fishing?
The sunshine scattered across the sea surface, creating a glistening effect.
The distant sea and sky merged into one, endless and limitless.
Chen Pingsheng looked forward to the moment a fish would bite the hook, as the bell on the fishing rod would ring.
His wife, Song Yanxi, was still in the large living room in the middle of the yacht, cutting some watermelon and cantaloupe.
Chen An'an came over biting a chunk of watermelon, "Dad, no fish biting your hook yet?"
"What's the rush? Patience is key in fishing."
Chen Pingsheng lectured persistently, but even after half an hour, not a single fish had nibbled.
This is ridiculous.
"Dad, why isn't there a single fish biting yet?"
"Hold your horses, they'll bite soon."
Another half hour passed, and Chen An'an started eating durian. "Dad, if no fish bite soon, it'll be time to eat."
"Go and eat your meal."
Chen An'an acknowledged, and after filling herself, she patted her little belly contentedly and pulled up a small stool to sit beside her dad.
"Dad, stop fishing, mom said you can't catch fish in this part of the sea."
"Why didn't she say so earlier?"
No matter the reason, as long as it wasn't his fault, there was no problem.
Chen Pingsheng just left the fishing rods at the back, he would come out again when the bells rang.
The sea isn't for catching small fish; it's all about the big fish.
In the middle lounge, still on the U-shaped sofa, Song Yanxi walked around with the Little Fart Kid.
When free, they could also go up to the top level to sunbathe.
Despite the strong sun, a sunshade could be opened, and that's the beauty of being wealthy.
Wanting to see the sea, they had come to see the sea.
Chen Pingsheng thought the yacht was nice but a bit too small.
With the Little Fart Kid on board, someone has to be around her all the time, fearing she might accidentally fall off.
A much larger yacht would be completely different.
"Honey, look at the news, it's still all about the Antler Coffee concert."
Song Yanxi spoke with a smile, tending to dress more relaxedly after heading out to sea.
The crew they hired were all women.
"That's normal, Yang Mi and Zhao Liying's fans are all stirring things up there; it'd be hard not to be popular."
Song Yanxi had thought that just a concert could dominate the entertainment headlines for three or four days, but that was a fond thought.
It was mainly because these two top stars in the drama industry were mobilizing their fan groups to control comments and stir up popularity below.
They didn't need to go down personally, as Tengying Entertainment's large online marketing department would perfectly take care of it.
Chen Pingsheng also told his wife, "Tong Zelan called me yesterday, Tengying Entertainment is valued at 12 billion for the IPO, asking if I agree?"
12 billion?
Song Yanxi was quite surprised, such a short time.
Her husband had been managing Tengying Entertainment, and now it was valued at 12 billion and was going public.
"That's a good thing. Do you have any concerns?"
"Of course not."
Chen Pingsheng said, "I just don't want to dilute too many shares, I still hold 90% of Tengying's shares, by 2024 I have to give 5% each to Liying and Yang Mi, I can dilute at most 30% of the shares."
That was quite a lot already.
Song Yanxi did some quick calculations, based on a valuation of 12 billion, 30% would be 3.6 billion.
A tremendous amount that could abruptly make their family a genuinely entry-level wealthy household.
Added to Tengying Entertainment's market value of tens of billions, the influence would be extraordinary.
"That's also good, Tengying is our family's core traffic group, not diluting too many shares is the right move."
Song Yanxi, wrapped in a bikini and a small blanket, the beginning of October was still quite hot.
Although it was already autumn, the temperature was still in the twenties to thirties every day.
Chen Pingsheng messaged Tong Zelan, agreeing to the 12 billion valuation and to proceed with the IPO process.
Unlike Bobo Milk Tea's backdoor listing, Tengying Entertainment was seeking to go public based completely on its own solid strength.
The application time would be much longer, at least three to five months.
The actual listing was expected by 2016.
Tengying applied for a domestic A-share listing, where the 12 billion valuation did not include Tengying Headquarters building.
Simply because the building was not purchased with Tengying's funds.
It couldn't be included under it.
Like the future headquarters of Water Cloud Space in Magic City, the building was the shared property of the couple.
They could rent it to Tengying Entertainment at a low price.
Earning their own rental income.
If he still owned 100% of the shares, it wouldn't matter, but now he had to dilute 30% of the shares.
That's only 60% left.
The Tengying Headquarters building naturally couldn't be included any longer.
Separated out, it was wholly his alone.
The commercial real estate they would own in the future, they all had to be separated out.
If the company went bankrupt, these commercial real estates would still belong to his family, completely unaffected.
Double insurance, utterly thrilling.
The explosion of Charlotte's popularity had directly driven the valuation of Tengying, and Tong Zelan, who had earlier spent 500 million to buy 10% of Tengying Entertainment's shares was still nervous about it.