Reaching the age of thirty, my income randomly doubled-Chapter 789 - 596 Asset Restructuring

Chapter 789 -596 Asset Restructuring

After the annual meeting.

There were quite a few people around Chen Pingsheng, although last year he cashed out 40 billion just before the end of the year.

The group has 20 billion in reserve funds, with another 10 billion allocated to the Dream Fund.

The remaining 10 billion hasn’t been touched yet.

He calculated a bit and found that this fund wouldn’t be needed anytime soon, so he decided to invest it all in NVIDIA stocks.

Currently, he holds only 1.7% of NVIDIA stocks.

And NVIDIA is like an endless wild horse, galloping full steam ahead.

So far, it has surged to 300 billion US dollars.

In other words, his 1.7% stake is now worth 5 billion US dollars.

With another 10 billion invested, his shares will increase to 2.1%.

Just 10 billion only adds another 0.4%.

Besides the NVIDIA shares, his most valuable stock holding is 4% of Tesla.

Tesla has also surged in the past two years, reaching 160 billion US dollars.

It is expected to surpass Toyota and become the world’s highest-valued listed car company.

You might say surpassing Toyota is quite outrageous, given that Toyota is the world’s undeniable leader in sales.

Where there’s a road, there are Toyota cars; this is no joke.

Compared to these two stocks, the 3% of Pinduoduo and the 3.5% of the Douyin Group, which hasn’t gone public yet, are not particularly appealing.

After deliberating with the Economic Research Institute, Chen Pingsheng finally made a decision that he remains uncertain about its correctness.

He decided to cash out all 3% of Pinduoduo, which has reached a market value of 100 billion US dollars, to increase his stake in Tesla and the NVIDIA he holds.

The main reason for this decision was having certain predictions about the domestic e-commerce environment.

For example, Alibaba and Tencent are at their peak, with Alibaba’s market value reaching 700 billion US dollars this year.

Tencent is almost the same.

If Pinduoduo can reach half of that figure in the future, it would already be quite an achievement.

It’s impossible to surpass such figures.

But NVIDIA and Tesla are different; neither Chen Pingsheng nor the Economic Research Institute can give an accurate figure.

In other words, there seems to be no ceiling for these two stocks.

Neither you nor I can predict how much they will rise, compared to limited income.

This kind of unlimited opportunity is evidently more attractive.

After cashing out Pinduoduo and conversion, Chen Pingsheng holds a total of 2.5% of NVIDIA.

5% of Tesla.

Barring any surprises, these will be his most valuable stocks.

If NVIDIA frenziedly grows to a market value of a trillion US dollars, then his 2.5% would be extraordinarily valuable.

Of course, he has invested hundreds of billions in purchasing these shares step-by-step.

The same goes for Tesla.

TikTok there is hard to unload, as it is a strategic holding.

Currently, he hasn’t heard of TikTok planning to go public, and it might not go public in the next two or even three years.

Before it goes public, trying to cash out would be a huge loss; only by going public can his shares be maximized.

Every year at this time, Chen Pingsheng would rearrange his asset portfolio.

This year is no exception.

Those shares in his hand that are not very valuable have basically been sold off.

He had bought an extra 15% of Antler Coffee when it was shorted by Muddy Waters.

Currently, Antler Coffee’s global market value is at 13 billion US dollars, and his 15% can be cashed out for 1.9 billion US dollars.

His expectation for Antler Coffee is at the 30 billion US dollars stage.

He has invested all of Leicester City’s football resources into this brand.

Fanatical advertising is the reason for today’s success.

The returns are quite significant, proving once again that selling coffee is much stronger than selling milk tea.

They are not on the same level at all.

The Bobo Milk Tea, which has reached the ceiling domestically, is now only slightly over 20 billion, not reaching 30 billion.

Not as good as Antler Coffee’s overseas expansion and Nasdaq listing.

Chen Pingsheng doesn’t have much use for the money cashed out this time; he simply took out another 1 billion US dollars to increase his NVIDIA shares.

He stopped only after reaching 2.8%.

The remaining 900 million US dollars, he gave 500 million as pocket money to the spoiled brat.

And allocated 300 million to the three companies of Er Piya.

Er Piya is now also starting to do good deeds, whether she’s being persuaded by her elder sister or genuinely wants to do some philanthropy.

These are all good things.

You should know that anyone at their level tends to do charity for their family’s benevolence and virtue.

The remaining over 5 billion hasn’t been used much.

The necessary constructions over at Golden Mountain are all done, and Chen Pingsheng is confident that even if Tencent files a lawsuit against him there, they are still secondary.

There is no Nanshan Pizza, only Jinshan Du Ba.

This is what is called the advantage of regional investment; in this area, no one can beat him in legal terms.

If there is, it must be that the laws are not yet perfect and need urgent improvement.

Of course, this setup is for top-tier disputes between such large enterprises.

For consumers, it doesn’t exist.

If applied to consumers, it would be truly outrageous and morally wrong.

After the new year.

Numerous employees’ children attend Tengying Elementary, Tengying Middle School, and the high school run by Tengying itself.

Even though their family has not engaged in the education sector for many years, money can indeed make the divine perform.

Tengying Schools’ educational resources can definitely rival any top-notch primary, middle, or high school in a first-tier city.

The university is not discussed; it is an investment black hole.

It requires extremely high heritage to do well, even someone as strong as Chen Pingsheng can’t just start a top university and succeed.

Primary, middle, and high schools, however, are not much of a problem.

After all, these schools don’t need to do their research, it’s mainly about faculty strength.

If you spend the most money, naturally you can hire the best teachers.

Everywhere, this is the rule of primary, middle, and high schools; that’s also the main reason why everyone heads to big cities.

In small places, money is scarce, and educational resources are naturally very limited.

For private schools run by top private enterprises like them, the lowest qualification for teachers is a graduate degree from the country’s best university.

An annual salary of 300,000 plus various benefits, starting at 500,000.

This can reflect the usefulness of education.

It can also ensure that outstanding students don’t waste years of learning.

If university graduates, educated with tens of thousands spent, earn less than delivery workers after graduation.

It’s a joke, not only for the graduates themselves but for their parents as well.

Who studies if not for a bright future?

When they can’t even solve the basic problem of subsistence, talking to them about dreams is utter nonsense.

It’s like going to a mountain kid and asking why they don’t eat meat; is it because meat isn’t tasty?

This kind of question is foolish and reveals a refined sense of egoism.

Some well-known female entrepreneurs in the country are surprisingly promoting such rhetoric. Doesn’t she know that times have changed?

In fact, it’s not; it’s just that she has money now and doesn’t need to strive for this anymore.

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Chen Pingsheng has always disliked this kind of person.

The group operations remain business as usual, except for the halt in Wu City, where several billion need to be allocated each month to support an entire city’s workforce, other areas are hardly affected.

Currently, besides Fei Yangyang already at the breakeven point, neither earning nor losing.

All other companies still have profit.

With profit, everyone can move forward steadily with confidence.

This is the primary reason for Chen Pingsheng’s composure.

Being debt-free truly feels liberating, with no sleepless nights to worry about.

Just waiting for the resurgence of the big health sector, including renewable energy, Tengying Group will be on par with Alibaba and Tencent.

Embracing the title of the strongest private company domestically, spanning numerous industries as a behemoth.

Tongxin Family doesn’t worry much, with his wife and the entire Water Cloud Space losing money and resources.

There’s no need to move any resources.

Just a little assistance is needed from the Dream Fund, that’s all.

The Dream Fund has been operating for five years, already amassing many projects ready for IPO.

Once listed, the Dream Fund can extract substantial profits from these projects.

These profits can also propel venture capital projects in the health sector forward significantly.

In early ventures, he needed Tong Zelan and Shen Nanpeng to collaborate on IPOs.

Now, he completes everything independently.

Tengying Group lacks nothing in this industry chain.

This is why he seldom seeks out Tong Zelan and Shen Nanpeng now.