Reaching the age of thirty, my income randomly doubled

Chapter 247: The Largest Single Cash-Out



Money can be spent in ample ways when one has a lot, and those with less naturally have their own means of getting by.

But some people are never satisfied with the ordinary, despite having only so much capability.

This often leads to many tragedies or unfortunate events.

Take the Yang Kang family, for instance, you can't say that the couple can't make ends meet with over ten thousand a month.

What about the rural couples then?

In the end, Zhang Cuicui may have resigned herself to her fate, but she doesn't want her daughter to live the same way.

In this society, countless people clamor for their children to win at the starting line, but how many starting lines are there really?

For Zhang Cuicui, it may have started with merely getting into a decent school.

But later, upon discovering that other students in the class were attending all sorts of tutoring classes,

she felt that her daughter could not fall behind.

Over time, this sentiment, once formed, meant that the family's modest income was nowhere near adequate to cover expenses.

She tried getting a legitimate job, working over ten hours a day.

Yet she only earned a pitiful sum of just over three thousand a month.

After countless excruciating nights, she eventually ended up on the wrong path.

This was perhaps her fate. At least, that's what Zhang Cuicui thought.

As long as her daughter could become successful, that's all she cared about.

But she never expected things to go so wrong.

On that night, what occupied her mind most wasn't the shame she might bring upon herself, but what would happen if her daughter found out?

Would she still recognize her disgraced mother?

It's hard to say, resulting in her perpetually vacant gaze.

When she saw her daughter's innocent face, Zhang Cuicui burst into uncontrollable tears.

No matter what she had done, she was still a mother.

Yang Kang didn't know how to comfort her, only telling her that she didn't have to live in Hangzhou anymore; they could relocate to Magic City.

The subtext was to start life anew.

This may sound like a simple suggestion, but with Magic City's housing prices, it's not something the average couple can just decide to do.

Yang Kang explained that it was because of his old classmate, the brother from middle school.

This 'brother' was now offering him this opportunity.

Zhang Cuicui thought of something and wept even harder.

For many years, Yang Kang was unreliable, but now that the family was in trouble, he finally came through.

Zhang Cuicui had supported his entrepreneurial attempts with the money she earned, which had led to failure time and again.

She never considered whether this man would divorce her if he became successful.

What she thought about most was that this man was her daughter's father.

The couple had been through the years, experiencing early love and marriage,

hard times, the birth of their child,

then a shattered relationship, and his wife, struggling to make ends meet, became a woman of the night.

These series of changes might just be the inescapable fate of most ordinary couples!

...

Magic City, a villa.

Some worry about life's daily necessities, while others wake up every day pondering how to elevate their social status.

Chen Pingsheng had reached this point. If his social status was truly high enough, there would be no need to move from Capital City to Magic City.

He simply possessed an influence unimaginable to ordinary people, not irreplaceable scarcity at the top level.

Song Yanxi sighed at the news about Yang Kang's family.

A woman doing so much for her child, that was beyond compare.

Ordinary couples, heroes thwarted by a mere penny.

She wasn't unfamiliar with that.

"Honey, do you think Yang Kang will get a divorce?"

"Who knows, I don't think he will,"

Chen Pingsheng said, "No matter what, Zhang Cuicui used the money she earned to subsidize the household. It's hard to say now given the circumstances."

"That's true." Song Yanxi thought for a moment and said, "If they don't get divorced, I'll let Zhang Cuicui work at Water Cloud Space."

"That's possible."

Chen Pingsheng nodded, "You see, over the years many bosses claim they can't pay high wages, but they don't consider what low income means for a family."

"Yes, every time I go to Water Cloud Space, or outside, the respect people show me... Honey, you've been right these years."

What Song Yanxi was referring to was the eight raises in employee benefits at Water Cloud Space.

"Whether it's right or wrong is not for us to judge, but for employees to genuinely identify with."

Chen Pingsheng added, "After I sold 10% of Tengying Entertainment's shares, Alibaba sent two more executives to discuss the acquisition of Tengsheng Fresh Food with me. These internet giants are bound to start a fierce battle in the vegetable selling market."

"Do you really want to sell it for 1.2 billion US dollars?" Song Yanxi asked him curiously.

"Sell it, of course, why not?"

Chen Pingsheng said, "These years are crucial for our family's major economic transformation, and some asset reallocation is inevitable. The internet giants have money. If they weren't all eager to break into the vegetable selling market, Tengsheng Fresh Food wouldn't be worth this much."

Song Yanxi thought it made sense, as their family had no debt, let alone collateralized bank loans.

In terms of asset disposition, they could definitely secure many advantages.

They could talk with these internet giants confidently without the possibility of being forced to lower the price.

The price of 1.2 billion US dollars was set in stone, not a penny less.

Chen Pingsheng's main intention was to use the money for further research and development in artificial intelligence, batteries, and electric motors that were coming up.

If others invested one hundred billion in new energy, he had already invested three hundred billion and was ready to throw in another four hundred billion. There was no reason he couldn't produce a good car.

It could only be said that he started a bit late in this field. Without spending more, how could he surpass his competitors in the lead, as well as the eager big players behind?

It must be said that internet giants were truly willing to splurge when acquiring vital resources they desired.

The vegetable selling market was just too important. Both Alibaba and Meituan were determined to win.

Buying a shared bicycle company alone could cost 16 billion, not to mention the Nationwide's number one fresh retail brand.

Chen Pingsheng met the legendary Mr. Ma for the first time.

In the presence of countless reporters, the two signed the largest single acquisition in the fresh produce industry to date.
Enjoy new chapters from empire

1.2 billion US dollars, not a cent less, was the final deal.

Mr. Ma was interested in not just his Tengsheng Fresh Food but also his Tengying Entertainment and Snacks Dash.

Unfortunately for Mr. Ma, Chen Pingsheng, who was no longer short of money, didn't consider selling any group assets again in the short term.

The exchange rate between the renminbi and the US dollar was roughly one to 7.2.

1.2 billion US dollars converted is about 86 billion renminbi.

This was also the largest single asset sale by Tengying Group.

He personally had invested 1.8 billion in the fresh produce brand and had also contributed some to the Tengsheng fruit side of business.

The shares were diluted to only 10% remaining.

Subtracting all costs and the net investment over the years.

"Ding, your cumulative income today is 61 billion. Would you like to start the random multiplier?"

This was definitely his biggest single income.

Without hesitation, Chen Pingsheng activated it, which was also a major reason for his insistence on selling Tengsheng Fresh Food.

The Golden Dice continued to shake, finally settling on the number three.

One second, two seconds, after a full eight minutes,

His bank card finally received a message for a deposit of 18.3 billion.

Chen Pingsheng doubted that Golden Finger Grandpa had laundered that money before transferring it to him.

Eighteen point three billion, and another eight point two billion had reached his wife's account.

All he needed to do was to give 0.82 billion to Tengsheng Fruits.

For any large corporation, selling assets is a normal commercial practice.

But for those store managers and employees who had been with you from the start, it was undoubtedly a great betrayal.

Tengsheng Fresh Food had seven hundred stores nationwide with fifteen thousand employees.

Chen Pingsheng decided to take out 1.5 billion to reward those employees affected by the sale.

This was also one of the reasons he was not recognized by the capital market.

Why award employees bonuses if the business has been sold, since those employees were no longer his?

Taking out 1.5 billion meant that essentially every Tengsheng Fresh Food employee could get a hundred thousand each.

Additionally, he allocated 0.3 billion for the high-level executives of Tengsheng Fresh Food to divide amongst themselves.

The seven top CEOs received ten million each, and the more than sixty regional CEOs,

Essentially received three and a half million each.

No matter what, this was Tengying's way of recognizing everyone's years of entrepreneurship and hard work.

As soon as the news broke, the media went wild.

Nobody had ever heard of a group giving out billions to employees after selling off an asset.

Not to mention every frontline worker receiving a hundred thousand yuan each.

It was undoubtedly an astonishing figure.

It symbolized an extreme humanization in the enterprise's asset disposal process.

One could only say that now Tengying Group's every move was under close scrutiny by the finance and capital markets.


Tip: You can use left, right, A and D keyboard keys to browse between chapters.