Chapter 268 Big Move

Chen Pingsheng returned to the headquarters in Shanghai.

Because the acquisition negotiations of the first lithium iron phosphate battery factory in China are nearing the end.

He took over the full capital here, and the new energy vehicle construction part was all assigned to Tengfei.

Only the professional battery production capacity and battery research and development department were retained.

The cost was 5.5 billion.

The pressure of taking over a battery factory that still had a net loss of several small targets every month was undoubtedly huge.

Zhang Wanyi, the big-breasted secretary, was still concentrating on operating Bobo Milk Tea and the scattered shares recovered at low prices by Feiyangyang to cash out.

It took more than a month to invest 2 billion.

It is expected that the cash out that can be completed is about 3.5 billion.

The net profit of 1.5 billion was mainly caused by cashing out too early.

If it had waited a few more months, it would have made at least 500 to 600 million more.

Everyone, including the secretary Zhang Wanyi, felt very sorry. There was no way. Now was the time when funds were urgently needed.

This money must be cashed out in advance.

In addition, he had previously used 3 billion to repurchase the shares of Tengying Entertainment.

The average repurchase price is around the market value of 17 billion.

Now the share price of Tengying has risen back to 35 billion, and it is only a matter of time before it reaches 40 billion.

If he dumps all his large amount of stocks into the stock market, the good situation will probably fall again.

The best way is to find someone to take over.

Chen Pingsheng still contacted Tong Zelan, and her investment in Tengying Entertainment has made her a lot of money.

She became famous in the capital market.

If it hadn't been for the previous speech incident, Tengying would have risen to at least 50 billion now.

The main reason is that this year's financial report is too strong. In the first half of the year, Q1 and Q2 alone, it can achieve a net profit of more than 1.2 billion.

In addition to the second half of the year, the overall financial report of 2016 is quite gratifying compared with the same period last year.

It is definitely expected to become the one with the highest net profit among entertainment stocks in 2016.

Compared with others' hundreds of billions, it is only more than 30 billion.

There will definitely be a large increase in the future, and Tong Zelan is also very clear about it, if it weren't for the imminent acquisition of the battery factory.

Chen Pingsheng would never have sold the shares repurchased at a low price at this time.

It can only be said that he is bold and careful in making money. He took advantage of the capital market to repurchase his own shares when the capital market was not optimistic.

He also took advantage of the market to sell them when the market was good, and made a net profit of several billion.

This is much higher than the original corporate profit.

In order not to affect the subsequent rise of Tengying Entertainment, the market value of more than 30 billion is far from reaching its peak.

Tong Zelan joined forces with four major capitals in Shanghai.

At a cost of 5 billion yuan, he took over all the stocks in his hands.

5 billion, that is definitely far lower than the current stock price.

This is also normal. If he sells directly like this, he will try to cash out all through the stock market.

Not to mention that the stock price of Tengying Entertainment, which has finally risen, will be brought down again.

It is also completely too late in terms of time.

It will take a long time to cash out all.

Now, with a 20% discount, all cash can be cashed out at once, and it will not affect the stock price of Tengying Entertainment.

It can be said that this is quite good.

5 billion in, 8.5 billion out.

The return is still quite gratifying.

After Chen Pingsheng collected 8.5 billion, he officially asked the negotiation team to sign a contract with Zhang Zhiyao.

And held a press conference for Ultrama's full acquisition in Shanghai.

…

Shanghai calendar, June 8, 2016.

Financial reporter Meng Yuyu came to the headquarters building of Shanghai Tengying Group early with a backpack.

Enterprises that can own super-large office buildings in Pudong New Area are undoubtedly great achievements in a certain field or multiple industries.

Any office building is at least 1 billion plus, not to mention this super-class A office building with 22 floors.

The boss of Tengying Group is very mysterious. So far, no media reporter has been able to interview him.

She thought it was a pity that he could even refuse reporters from central media, let alone local media.

It is clear that he does not want to show his face in public.

This is a super-large group that started out selling fruits. Later, it successively entered high-end health and beauty, entertainment, milk tea, coffee, live broadcast, hypermarkets and other fields and achieved considerable results.

Now it has entered the new energy industry and has created the largest wholly-owned acquisition in this industry in a short period of time.

It can be said that it is also very prosperous.

The stock prices of his listed companies have also soared.

New energy vehicles are the second industrial transformation project supported by the state. It can be said that countless resources and efforts have been poured into it.

Tengying Group entered this as an outsider and spent more than 20 billion in real money in a short period of time.

It is definitely the largest capital player among the current batch of car companies.

Whether it can succeed or not, no one knows.

Just looking at his attitude, he is completely thinking that if he fails, he will die.

No matter which company it is, no one has invested tens of billions in new energy vehicles at the beginning.

Everyone tries to save money.

If you can't research it yourself, then use others'.

If you can outsource, then don’t build it yourself.

No one will invest tens of billions of dollars like this group to enter the market.

The new energy market is turbulent and uncertain.

Now there is another RMB player, and no one knows what its future will be like.

Meng Yuyu came relatively early, but many people came earlier than her.

After all, this is the largest single wholly-owned acquisition in the new energy market so far.

Want to be inconspicuous.

Look at the three executives sitting here at Tengfei, they are all well-known people in the industrial world.

This time it is not just a simple acquisition.

Yan Donghui also announced that Tengfei will invest another 4 billion near Lingang to build its own Tengfei Ecological Industrial Park.

To put it more simply, it is to build the Tengfei New Energy Vehicle Industrial Park.

It mainly includes three headquarters buildings, eight R&D centers, and employee dormitories.

Such an ecological industrial park is mainly used in conjunction with the super factory.

The super factory is responsible for overall production, and the ecological industrial park is responsible for headquarters operations and R&D.

With 4 billion, it can accommodate at least 20,000 people working together at the same time.

From construction to implementation, it will take about one to two years.

It depends on the speed.

During this period, Tengfei will rent an office building for its headquarters.

Meng Yuyu really didn't expect this.

They are going to invest 4 billion yuan to build an ecological industrial park.

The lavish spending power is undoubtedly a real tycoon.

Breaking news came one after another, and even Meng Yuyu couldn't figure out how much money Tengying Group was going to invest in car manufacturing.

No wonder he didn't even introduce an investor. With this kind of play, no one is willing to invest in him.

The main reason is that he burned money too fast.

So fast that the capital market couldn't react.