Chapter 288: The Grand Entrance of LeEco
Chen An'an performed a total of three acts onstage.
One was a solo erhu performance, and another was a martial arts gymnastics dance.
Over the years, she had accumulated a variety of talents, and she always took part in the school's cultural performances. Your next read awaits at My Virtual Library Empire
She was also doing her best to pursue those hobbies within the scope of her abilities.
It was the end of December, and he was leisurely attending the spoiled brat's school event.
Meanwhile, his wife had organized a grand year-end appreciation event at Water Cloud Space in Capital City.
As in previous years, each event would invite three to five thousand high-end customers.
The entire gala cost nearly three hundred million to host.
In the end, they closed deals worth one billion five hundred and eighty million, deducting the three hundred million event costs and a little over two hundred million in product costs, and calculated based on a seventy percent shareholding.
"Ding, congratulations Host, today's income is seven hundred and fifty million. Would you like to activate the random multiplier?"
After the meeting ended, the sound of that 'ding' was simply too delightful.
There was no need for him to settle the accounts himself.
The system gave a clear calculation.
Now, their family owned thirty-five direct-operating Water Cloud Space stores in Capital City and thirty-two in Magic City.
Guangdong had four mega flagship stores, and Xiangjiang had two pending opening.
Four locations, one Splendid Night event each year on rotation, the revenue was incredibly sweet.
His decision to keep Water Cloud Space from going public was spot on.
With such an income, was there even a need to go public?
Chen Pingsheng mentally commanded to activate in his mind, and soon the familiar Golden Dice reappeared.
Rocking nonstop from two to six, it seemed that up until now, he hadn't drawn the highest multiple of six even once.
One second, two seconds, three seconds passed.
The Golden Dice stopped, and it turned out to be the maximum sixfold increase.
"Congratulations Host, you have obtained a sixfold random increase."
One minute, two minutes, until five minutes passed.
The bank card received a message of an incoming forty-five billion, which was truly delightful.
With such an income, in a few more years, all the likes of Xu Pidai and Mr. Yan would be defeated under his hand.
But with this money, plus the earnings from the recently liquidated shares, the twelve billion borrowed from Guo Ziyi through mortgage loans could be repaid.
He never liked owing money to others, the sooner he could pay it off, the sooner his mind would be at ease.
After settling this sum of money, his biggest earnings in this bottom-fishing operation was a twenty percent stake in Tengying Entertainment.
Of course, there was also some scattered stock that hadn't been cashed out yet, worth roughly ten billion.
It could be said that he had made a fortune.
Tonight, at midnight, a major movie he invested in would premiere, and that was War Wolf 2.
This movie was expected to bring Tengying Entertainment's stock price back to its all-time high.
By then, the twenty percent scattered stock he held would be worth at least sixteen billion.
War Wolf 2 was also a project he invested two hundred million in back in 2015, undoubtedly Tengying Entertainment's biggest movie project of 2017.
The internal screening was absolutely thrilling.
Especially the scene of carrying the red national flag saying "I'll bring you all home."
And those resounding forceful declarations to fire the cannons.
They were all inspiring.
If not for the recent Hua Teng conflict, War Wolf 2 would have been widely promoted much earlier.
But in the end, on the basis of its solid strength, it's hard to find a better representation of patriotic sentiment.
Just one evening's time, War Wolf 2 exploded all over the internet.
After the fermentation of the New Year's Day two-day holiday, Tengying Entertainment's movie completely entered into a mode of explosive and rampant success.
In just three days, it slashed over one billion in box office revenue.
The entire group was boiling with excitement.
Major websites directly pushed the box office expectations for this movie to over thirty billion, thirty-five billion, forty billion.
Some even went as high as predicting a box office of forty-eight billion.
It seemed like all past box office records were just paper in front of it.
It was advancing triumphantly at every turn.
As a result, Tengying Entertainment, the production company, also achieved five consecutive days of stock price increases in this process.
In just five days, it was only about sixty billion away from its all-time high.
A few more working days, and it was estimated that it could achieve surpassing that peak.
On the other hand, looking at Huang Zhongshi's Huayi, it was still in a continuous decline, with the stock price already entering within thirty billion, and it wouldn't be too surprising if it fell below twenty billion after a while.
Once Tengying Entertainment's stock price recovered to eighty billion, Chen Pingsheng immediately started to sell off the 20% of scattered shares he had repurchased at a low price.
Taking advantage of the continued influence of War Wolf 2, if not cashing out now, then when?
Not only was he targeting this excellent cashing out opportunity, but Xu Pidai and Mr. Yan also did the same, choosing to cash out when War Wolf 2 was highly favored by the capital market.
What could have been completed in half a month was now going to take at least a month, all thanks to these two troublemakers.
Chen Pingsheng wasn't in a hurry; he wasn't short on cash lately.
Still, during this process, he kept a close watch on Huayi's side, fearing that if he wasn't careful, Huayi might make a narrow escape, which wouldn't be good.
Huang Zhongshi now loathed him to the core. Recently, he hadn't done anything but focus on fundraising with a few newly signed leading ladies from Huayi.
At banquets, if he asked them to dance, they danced.
Various provocative dances were readily performed; if Huayi still had a market value of a hundred billion, he wouldn't have mistreated these two beautiful newbies so much.
Unfortunately, although everyone was playing, when it came to handing over the money, it was another story.
Huayi was the initial aggressor in the Hua Teng battle.
Now, it had become something easily taken by others, even after joining forces with Xu Pidai and Mr. Yan.
Who would dare get involved under such circumstances?
Didn't they see that even after Tengying Group recovered, they still constantly released two pieces of negative news about Huayi every single day?
Or they would subtly imply that Huayi was having serious financial issues and that anyone who had IOUs from them should hurry to claim their dues.
If they waited any longer, they wouldn't be able to collect!
Tengying Group's relentless pursuit did not stop over time.
On the contrary, they increased their efforts.
Huang Zhongshi was, of course, very clear about this. Now, aside from borrowing money or securing a high-value financing deal, he had no other way to resolve Tengying Group's relentless obstruction.
Fate favors the persistent.
Just when Huayi's two beautiful leading ladies were almost turning into social butterflies at banquets,
Huang Zhongshi finally waited for a powerful white knight, which was none other than LeEco's Jia Yueting.
Speaking of LeEco's legendary stories over the past two years, there are too many to count.
Smartphones, televisions, sports, entertainment, new energy vehicle production, a video streaming site, and an ecological counter, to name a few.
Their myriad of high-tech investments was countless.
The stock price at its peak was even as high as one hundred and seventy billion.
One could say that aside from Xiaomi Group's performance in the past couple of years, no other company has been more prominent than it.
Whether it was Principal Wang or those entertainment industry stars, everyone was lining up to buy shares in LeEco.
Huang Zhongshi had calculated everything but never expected that the one willing to lend him a hand in the end would be this person.
Huayi was saved.