Chapter 214: Chapter 173: In Full Swing
Chapter 214: Chapter 173: In Full Swing
After April 20th.
The temperature in Capital City had risen a bit more.
It was less than a month away from turning into a blazing furnace.
May Day was approaching, and Chen Pingsheng drove himself to work at Tengying.
Yesterday, a good portion of the entertainment news was related to Tengying.
Even today, he received several film scripts related to Song Wu.
These directors in the entertainment industry sure knew how to seize the opportunity.
Upon hearing that Song Wu had a strong backing, there were suddenly three A+ and two S+ projects desiring her as the leading actress overnight.
And the terms?
Naturally, it involved an application for investment from Tengying Investment.
Chen Pingsheng looked them over and picked out one that felt quite promising; after reviewing it with Golden Finger Grandpa, the expected return on investment was as high as 210%.
The total investment was ninety million, with a payback period of about a year.
Not too bad at all.
Since he had promised his wife, Song Yanxi, to give her younger sister a leading role in a drama, he naturally had to keep his word.
Of course.
The key was still to make money; it wouldn't work if it were a loss, no matter who was involved.
To invest ninety million and return nearly 1.8 billion in a year.
That would be considered a very successful investment.
Chen Pingsheng called over Bai Xin and asked her to contact the drama crew and to agree to their investment proposal.
With this money spent, he would be rather strapped for cash.
Tengying would again be idle for a long while. Fortunately, Hua Qiangu was confirmed to start airing in June, and by then, they could definitely recoup a large amount through the sale of merchandise toys.
This project had been established for over half a year; the wait had been nearly that long.
For the drama crew, appointing Song Wu as the leading actress was all about pulling in investments from Tengying.
For Chen Pingsheng, he didn't really care who the lead was, as long as it helped him make money.
Bai Xin promptly went off to work, and the legal department also drafted the investment contract.
His sister-in-law, Song Wu, finally came to the first major female lead drama in her life.
The days passed leisurely.
In a blink, it was April 28th, and the three-day CEO class was resuming.
Huang Pujun, from being a nobody in the class, became famously known as "I don't rely on men."
She had to be the first to speak in any discussion, and her current boyfriend indeed gave her the confidence to do so.
She was momentarily in the limelight.
She too was a talent now, though everyone knew she relied on men, yet she insisted on establishing a strong, independent woman gimmick.
Quite bizarre indeed.
As for another who was in the spotlight, that was naturally Wang Yanfeng, who had just completed his Series C funding.
His live streaming business was also progressing full throttle.
This guy wasn't just popular in the class but had become fiercely popular all over the internet.
"The strongest rich second-generation, Entrepreneurial genius, National husband," a bunch of mindless followers had given him countless titles.
Wherever he went, those Little Fairies followed.
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His girlfriend replacement rate was also increasing, almost changing every week.
High-profile, capricious - habits that looked terrible to the founder generation had become his successful synonyms on the internet.
Isn't it said that the internet is full of echo chambers?
Wang Yanfeng didn't even look people straight in the eye now, always feeling that since his live streaming platform took off, he had become a big-shot.
Towering above the rest, he spoke with a shout.
In the future, not to say surpassing his father, but becoming the richest man among the younger generation of the 80s wasn't a problem.
Chen Pingsheng didn't bother with him, as the material studied in the CEO class was becoming increasingly extensive.
With the upcoming airing of Hua Qiangu.
He also had a lot of work to complete, starting with the Series C funding of 1.5 billion for Fei Yangyang.
This segment had to be completed by June.
After all, Fei Yangyang's training headquarters had already expanded to three other top-tier cities outside of Capital City.
Since the beginning of the year, the preparations over there had been underway non-stop.
Securing 450 million in Series C funding was crucial for Fei Yangyang's subsequent development.
Another aspect was the merchandising of Hua Qiangu, which had already begun comprehensive OEM production.
If Hua Qiangu became a hit, they could estimate revenue of several hundred million.
The specifics would still depend on how popular Hua Qiangu became.
Beyond these, Bobo Milk Tea was also entering a critical stage of expansion.
Should Hua Qiangu become a hit, they would immediately launch a collaboration milk tea themed after Hua Qiangu.
Thus, swiftly pushing the national franchise market of Bobo Milk Tea.
It could be said that June's Hua Qiangu was crucial.
This would directly determine the pace at which three other projects in his hands would proceed.
Chen Pingsheng was the least anxious, because Golden Finger Grandpa had already said so.
A blockbuster, and one of the super blockbusters at that.
Out of the many projects he had seen at Tengying, none could compare to this drama.
Therefore, the success of Hua Qiangu was only a matter of time.
Starting this year, his main goal was to push the companies under him towards public listing plans.
Tengsheng Fruit Co., Ltd. had divested too much and it was difficult to go public.
However, the newly spun-off Tengsheng Fresh Produce could.
Going public was the way to obtain large funds, promoting the expansion of the fresh produce supermarkets to the national market.