Chapter 279 Chapter 203 Out to Sea for Fun_3
This year, the revenue projection is an optimistic 1.5 billion yuan.
According to Xiangjiang's market valuation standards, this profit should correspond to an estimated valuation of about 22.5 billion yuan.
It is known that the listing valuation standard for Xiangjiang is generally around 15 times the annual profit.
By this standard, 12 billion yuan is a blatantly low price.
That's also why everyone promised together to raise the market value of Tengying Entertainment to 30 billion yuan.
Upon signing the contract, Chen Pingsheng alone transferred his 30% stake.
He acquired 3.6 billion yuan in capital.
Because of this agreement, Tong Zelan currently has no intention of letting go of her Tengying shares.
Why not consider cashing out when it goes public and reaches 30 billion yuan in the future? Isn't that tantalizing?
It's just about six months away anyway.
After he transferred his shares, the remaining steps of the IPO didn't require his attention.
Tong Zelan and Shen Nanpeng would take care of the process together.
As the top angel investor in Magic City, there's no doubt about his capability.
The main reason is that Tengying's financial reports are too strong, far surpassing those of Huayi, the leader of the stock market in the movie industry.
The others are valued at over 80 billion yuan, and his is only 12 billion yuan, what would be difficult about going public?
The issue price will probably be set at about 24 billion yuan, which is not Chen Pingsheng's concern anymore.
After all, someone else is spending more than 3 billion yuan to take over 30% of the stake from him.
They definitely want to make money from it.
Every company that goes public has various interests entangled before the listing,
mainly those of the investors.
This is quite normal.
Chen Pingsheng was involved in negotiations here until 9 p.m. before he left.
Without a doubt, Tengying Entertainment has always been the most valuable project in his portfolio.
After securing this 3.6 billion yuan, his cash on hand suddenly reached 3.8 billion yuan.
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Speaking earnestly, it was somewhat overwhelming.
Looking at the cold, hard 3.8 billion yuan in savings, he didn't know what else to dream for in life.
It was quite distressing.
He went to The Bund and braved the cool breeze for half an hour, and upon seeing a beggar, he generously gave him ten yuan.
He also saw a young guy on the roadside, desperately pleading with his girlfriend not to leave.
But she still turned around and got into an entry-level Porsche 718.
After becoming too wealthy, he suddenly didn't even know what to dream for anymore.
Yet when he was broke, he couldn't even keep the woman he loved.
Sigh—Chen Pingsheng thought, in this life, you can lack anything but money.
3.8 billion yuan, cold and hard.
The key is he still holds 60% of Tengying's shares.
When it goes public in the future, and the stock value reaches 30 billion yuan,
the once longed-for entry-level billionaire tycoon status
seems within easy reach.
Once you have wealth to this extent, you don't even know how to spend it.
The next day, the entertainment circles were rocked by shocking news.
Tengying Entertainment valued at 12 billion yuan.
The company's founder completed the IPO plan, successfully cashing out 3.6 billion yuan.
He instantly became a renowned mogul in the entertainment industry.
The kind of person who couldn't even spend all his money.
He also became the dream target of countless campus beauties just starting out, longing to curry favor with an influential figure.
If one had to describe Chen Pingsheng's current status in the entertainment industry with one sentence,
it would be that as long as he wished, there's no shortage of top female celebrities to sleep with.
Over eighty percent of the female celebrities in the entertainment industry, regardless of marital status, would be willing to perform a pole dance before bed at his simple beckoning.
Whether standing, kneeling, or even with a whip in hand.
As long as you desire, they're willing to comply.
This is the current influence of Tengying in the entertainment industry.
A true tycoon.
With a billion-yuan enterprise in hand, female stars have transformed from scarce resources into common commodities within easy reach.
Chen Pingsheng was lost for a day or two.
When he really couldn't figure out how to spend his billions, he took a flight to find his wife, Song Yanxi.