The Birth of Shanghai's First Conglomerate

Chapter 81 Returning to Beijing
On the way back, Chen Pingsheng chose not to drive again.

Even if you drive non-stop from Shacheng to Beijing, it still takes sixteen or seventeen hours.

It only takes a little over two hours by plane.

He left Bo Su at home and took his wife, children, and Chen Qi by plane to Beijing.

After the Lantern Festival, the return-to-city rush had long passed, and he didn't have to queue for a plane ticket.

Blue sky and white clouds.

I was a little flustered when we took off, and then I was a little apprehensive when we landed.

Song Yanxi is almost six months pregnant and still has some morning sickness on the plane, but thankfully she arrived in no time.

Upon exiting the airport, they were picked up by their eldest sister's husband, Xiao Ping'an. Neither he nor their eldest sister had returned home this year, nor had their second sister.

We spent the first Lunar New Year in Beijing, and only recently sent our two children back home for the start of the new school term.

"Brother-in-law, this is some local specialty from Shacheng that I brought for you."

Chen Yao's shop has always been doing very well; she must have earned over 100,000 yuan in just a few months last year.

This income is enough to live quite well in the capital, and he also gave his own Panamera to his eldest sister.

Overall, their family's life is getting better and better.

Back home, the villa started to gather dust after a month of not being there.

Chen An'an went to clean her little backyard herself, which shows she's quite sensible.

"Ping Sheng, shall we go to Boiling Sheep for dinner tonight?"

"Yeah, we've been gone for a month. We haven't even been to see Boiling Sheep since it opened. The other stores should be opening in March too."

He invested 10 million yuan before the Lunar New Year and found five storefronts to renovate at the same time.

It's almost time.

The only one that was open was the Shijingshan Shopping Mall, which he had originally planned to open.

“Gao Hu didn’t get a single day off during the Chinese New Year. If we don’t go and comfort him, he’ll probably say that we two bosses are not doing our jobs properly.”

Chen Pingsheng chatted with Song Yanxi while cleaning.

"Didn't he say that business there would pick up really fast after it opened?"

"The prices are low, the service is decent, and the taste is alright too. Isn't it normal for the business to be good?"

"Indeed, running this kind of affordable restaurant business is the fastest way to make money."

After thinking for a moment, Song Yanxi asked him again, "You're planning to invest another 100 million yuan in 'Boy Sheep' this year. Do you have that much money?"

"Of course."

Chen Pingsheng said, "Last year I also invested in two dramas. One is 'Eternal Love,' in which I personally invested 100 million yuan. Many people wanted to buy my shares, but I refused them all. The other one is 'Eternal Love' starring Yang Mi."

"The return on investment for 'Hua Qian Gu' will be faster, since it has already been filmed for two months. The 'Yang Mi' movie will probably have to wait another year or two."

“I invested the first 10 million in Boiling Sheep, which was the earliest angel round. This year, I will invest another 100 million to complete the Series A round. Once Boiling Sheep goes public after completing the Series B, C, D, and E rounds of financing, our family will make a fortune.”

Song Yanxi found it somewhat amusing. Last year, her family was thinking about how to improve their fruit supermarket, but this year they're thinking about how to build a listed company.

"Honey, aren't your goals a bit too high? Going public might not be that easy, right?"

"It's not as difficult as you think."

Chen Pingsheng said, "I have studied it carefully. There are mainly two ways to go public. One is to submit a listing application based on the company itself. This is quite difficult. Putting aside everything else, I think the requirement of operating for more than three years is too slow. The second way is obviously much faster. By going public through a backdoor listing, we can quickly package Fei Yangyang into the capital market, which is obviously much faster."

"Are you so confident that 'Boys & Goats' will be listed on the stock market in the future?"

Song Yanxi had a feeling that this wouldn't be so easy. After all, putting aside how much money they would make after the IPO, their family's social status would definitely be much higher.

If word got out, he would have been the chairman of a listed company; could things be the same as they are now?

"It would be very difficult for Boiling Sheep to go public if it relied on just our company. Doesn't it still need to complete the B, C, D, and E rounds of financing?"

Chen Pingsheng smiled and said, "Do you think Boiling Sheep needs financing? Raising money is only one aspect. The key is to find some powerful partners in the capital market. These capital companies never make money from profits. They make money entirely from IPOs and subsequent share cashing out. As long as they invest money, you can rest assured. These people want Boiling Sheep to go public as soon as possible even more than we do. Even if you do nothing, they will do everything they can to make Boiling Sheep IPO as soon as possible."

"They can only make money if they go public."

After a pause, Chen Pingsheng continued, "This has never been something I accomplished alone. Our family doesn't have the capacity to do it all yet. As long as we can make money, plenty of capable people will come to help us push it forward."

Using someone else's strength against them makes things effortless; this applies to everything.

As long as Chen Pingsheng does his job well and chooses the right people at each stage, making money is just a process.

Song Yanxi thought what he said was quite sophisticated; she had never realized it before.

Her husband has the ability to push his company step by step toward going public.

In the past, I probably wouldn't have dared to even think about it.

Song Yanxi asked curiously, "Honey, if Boiling Sheep really makes it that far, how much money do you think it could earn?"

"It's definitely over a billion."

Chen Pingsheng explained, "After all, our family independently completed the most profitable angel round and A round. We will only start diluting our shares when we raise funds in the B round. Once we reach the IPO stage, we can probably earn five or six hundred million yuan. After the listing, our shares will be subject to a six-month lock-up period. After six months, we will see how the stock price performs."

Song Yanxi was somewhat shocked. If that were true, her family's status would definitely rise several levels.

However, she still rolled her eyes at him, "You talk like it's going to go public anytime soon."

"Whether we're sure or not, we'll have to wait at least another year to see. As for now..."

Chen Pingsheng said, "When Zhao Liying has time, I'll take her to Fei Yang Yang for a few meals and then promote it."

"She's quite popular now." Song Yanxi thought this was a good idea.

After the broadcast of "Legend of Lu Zhen", Zhao Liying's popularity soared, and she went from being a fifth-tier star to a second-tier star.

If she becomes even more popular, her family could produce a top-tier celebrity.

I really can't imagine it.

If she were to give Fei Yangyang another push, it would indeed be a very strong force against him.

"If she can't become popular, I wouldn't have chosen her as the marketing ambassador for Boiling Sheep."

Chen Pingsheng said, "Give your parents a call too. After the New Year, I, as their son-in-law, will have to treat them to a meal."

"Row."

Song Yanxi called Song Wu to invite her to dinner that evening.

Thirteen years have passed, and fourteen years have arrived.

Her family is also going to have a completely new plan.

Whether it's Boiling Sheep or Water Clouds, this year can only be considered the real starting stage.

As for Tengsheng Fruit Supermarket, it has already reached a stage of stable profitability.

It is currently expanding steadily.

Tencent Entertainment has the highest revenue, but she doesn't know the specifics; she just knows it makes money.

After finishing cleaning the house, Chen Pingsheng took Song Yanxi and Chen An'an to Fei Yang Yang Hot Pot Restaurant in a Maybach S680.

(End of this chapter)