Reaching the age of thirty, my income randomly doubled

April 10th, Greater Magic City.

Another torrential downpour relentlessly beat against the windows of the Phantom sedan.

This car could sell for over ten million, and it had its reasons: no matter how noisy it was outside, inside it was as quiet as if nothing had happened.

The world’s most silent car, and it lived up to its name.

That might also be why he favored driving the Phantom over all his other cars.

It was not just the hefty price tag that was imposing.

Sitting inside was indeed very comfortable.

The main reason he had hurried to Magic City was that the Antler Coffee’s international investigative team had been conducting research for nearly twenty days.

In another week, the results would generally be ready.

If Tengying Group could launch a Nasdaq-listed brand, the significance would be extraordinary.

Chen Pingsheng slowly drove through the city.

Visibility was low due to the heavy rain, and coincidentally, he noticed an elderly woman crossing the street, pulling off an Oscar-winning act by intentionally leaning against a police car with flashing hazard lights.

Nowadays, staging accidents was a common money-making scheme for the elderly, but this was the first time he had seen someone target a police car.

Honestly, he seriously doubted the woman’s motive was to secure free meals and lodging.

Otherwise, why would she boldly crash into a police car?

The world truly had no shortage of bizarre occurrences.

The financing and public offering of Antler Coffee were still crucial to him.

After arriving at the group’s headquarters, his secretary, Zhang Wanyi, a woman petite in stature but large in bust, immediately presented two documents for his signature.

One was for his investment of one billion in Snacks Dash, which could open about fifty stores in Magic City by May.

Zhao Mingyu had requested from the group that Zhao Liying endorse Snacks Dash.

Chen Pingsheng signed his name in large characters.

He also called Zhao Liying, telling her to not only be the spokesperson but also that he would invest twenty million to acquire a 15% stake.

Zhao Liying agreed without hesitation.

This was also a major reason why Tengying Entertainment could quickly attract top-tier stars to join.

Traditional business segments were still incredibly reliable.

The second document was about Tengnong Fresh Produce’s first batch of pollution-free vegetables being officially transported to Magic City by refrigerated trucks for sale.

It included detailed pricing and sales information.

There were specific personnel to handle these matters, and signing off on the documents was just for him to stay informed about the progress of the various projects.

Once everything was signed off, Chen Pingsheng looked at the well-endowed Zhang Wanyi and asked, "You don’t have a car in Magic City yet, do you?"

"No, I’m still saving up to buy one."

Zhang Wanyi was academically outstanding during her school days, and she had a fresh and delicate appearance—when wearing glasses, she particularly resembled a teacher.

Especially when she wore a white shirt and a pencil skirt.

"I have an Aston Martin that has never been driven, you can take it for now."

As his secretary, not having a car was quite inconvenient.

Bai Xin was mainly in Capital City while Zhang Wanyi stayed in Magic City.

Another secretary, Xu Jing, he planned to transfer to either the Guangdong or Xiangjiang headquarters.

Zhang Wanyi was quite surprised; Bai Xin had said before that financial freedom was a matter of a year or two for anyone who became the boss’s secretary.

Now before even realizing it, she had that freedom, and it was with an incredibly cool Aston Martin.

Whether it was borrowing a car or giving a car to a secretary, it counted for little.

Chen Pingsheng told her to call over Chu Qiuyan and Qin Xue.

The investigation into Antler Coffee was drawing to a close, and it was not something they could meddle in.

All they could do now was try to improve Antler Coffee’s development.

Chu Qiuyan reported, "Antler Coffee launched a milk coffee series at the end of February, and as per the March financial report, it has achieved financial breakeven."

Financial breakeven meant that the business was neither making nor losing money.

Previously, Antler Coffee’s main product had been the 9.99 RMB signature coffee, and it had been difficult to increase the unit price.

In the customers’ minds, it was as if Antler Coffee was synonymous with 9.99 RMB coffee.

But now, with the introduction of milk coffee, the average unit price had increased to around 15 RMB.

With further reduction in the cost of opening stores, turning a profit with Antler Coffee was only a matter of time.

This was good news.

In addition, last month they had raised five hundred million to open office building stores.

With the cost of opening a store controlled at around two hundred thousand, minus high rent, they expected to break even in eight months.

A series of good news bolstered Chen Pingsheng’s confidence in Antler Coffee’s journey to a Nasdaq listing.

After discussing a few other matters, time flew by, and it was mid-April before they knew it.

Gao Hu had brought Xiao Danchun to Capital City, and Chang Fu returned from Magic City to report on the development of Xin Teng Live Streaming.

At the same time, the brands under the group in various locations were also coming to Capital City to report on their performance.

For Xiao Danchun, it was her first time visiting Capital City; she was curious about everything, especially the headquarters of the group.

Enjoy new adventures from empire

That was where Old Chen worked.

It was impressive—a gigantic skyscraper with the four large characters for Tengying Group hanging above.

It was majestically imposing.

Apart from the persistently tumbling stock prices, the progress of the group’s various endeavors was going exceptionally smoothly this month.

On the 18th, the international investigation team concluded a month-long comprehensive analysis and research of Antler Coffee.

Tong Zelan also came to his side and departed with the overseas investigation team to go abroad.

The good news is that the investigation team gave Antler Coffee a very favorable evaluation, with various indicators showing that it is a rising coffee brand in the Central China region.

In the future, it will pose a serious threat to Starbucks’ sales in the China region.

The investigation team gave Antler Coffee a credit rating of AA+.

A high credit rating.

The reason it achieved a double A+ rating is, firstly, Antler Coffee has no operating liabilities.

Secondly, Tenghui Capital, which invests in it, does not have a single corporate loan.

Thirdly, its series of associated enterprises also have no corporate debt.

Clean and clear, this greatly enhances its credit rating.

It’s known that many domestic enterprises wanting to list on US stocks, the first insurmountable hurdle is the nearly stringent credit rating from abroad.

If a company has too much debt and a high leverage ratio, then it’s extremely difficult to consider listing overseas.

It’s important to note that the US stock market is one of the most developed credit rating markets in the world, with an equally well-established regulatory system.

Once a corporate rating is set at double A+, it signifies a high level of reliability.

Passing the credit rating undoubtedly relieved everyone.

A double A+ rating also means that Antler Coffee’s road to an IPO abroad will be much smoother.

With the good news came the bad, naturally.

As Antler Coffee has not yet achieved real profitability, it is merely showing the future growth prospects of a unicorn company.

The valuation given by the investigation team to Antler Coffee is 18 billion.

This is 2 billion lower than Tong Zelan’s expectation of 20 billion, not to mention the 30 billion threshold.

Of course, you could also choose not to follow this valuation for the IPO financing, but the cost would be that it’s harder to raise the funds.

If you go for financing based on the overseas investigation team’s double A+ credit and the 18 billion valuation.

It is estimated that an IPO can be completed in a week.

This is mainly because foreign capital markets recognize their own investigation reports.

They may not trust what you say as much.

Tong Zelan urgently called Chen Pingsheng, as the 18 billion valuation was clearly below their own expectations.

He asked if they should slow down Antler Coffee’s IPO.

Chen Pingsheng felt it was unnecessary, as the full-line drop in Tengying’s stock price made him eager to get a large sum of money to buy back shares.

The key now is for Antler Coffee to successfully get the IPO money.

With an 18 billion valuation, which was the result of a month’s work by the foreign investigation team.

Tong Zelan would naturally have no trouble running the IPO with this valuation.

In just five days, five major foreign investment institutions agreed to invest in Antler Coffee.

This time also meant that Chen Pingsheng could get an unprecedented super capital infusion.

Huaxia Calendar, April 25th.

A financial news released abroad shocked the beverage industry market in China.

Antler Coffee, established for less than a year, officially landed on Nasdaq.

With an 18 billion valuation, it completed an IPO financing of 10.8 billion.

It thus became the domestic company with the fastest completion of a Nasdaq IPO financing to date.

As soon as the news came out, it shocked the domestic financial industry.

Whether it was Headline Finance or Morning Finance, they reported this young company’s epic-speed foreign Nasdaq IPO financing at the first opportunity.

Looking at the establishment of Antler Coffee, you know it’s a company destined to draw enormous attention.

After all, it held an unprecedented concert featuring the Four Great Singers in Capital City at a cost of 200 million before even opening its stores.

It also sponsored various talent competitions and leveraged connections with half of the entertainment industry to advertise and drive traffic for it.

Such a brilliant brand seems unsurprising to complete an IPO listing in just one year.

From the beginning, it was a company supported by substantial capital.

The listing of Antler Coffee not only gave Tengying Group a shot in the arm but also added a bold stroke to this era.

It’s not about how high the valuation is, but the speed of its IPO financing, which has reached an epic level.

One could say that Antler Coffee’s listing experience has undoubtedly become an indispensable treasure in the country’s financial history.

Of course, none of this was as joyful as Chen Pingsheng quietly counting money at home.

Out of the 10.8 billion raised, he had to dilute 60% of his own shares.

That’s about 30%.

The facts have proven that his decision to cover most of the investment for Antler Coffee early on was clearly very correct.

Now he can cash out, and the earnings are astonishing.

With an 18 billion valuation and cashing out 30% of the shares,

That’s 5.4 billion.

Subtracting his initial personal investment of 1.8 billion, n/ô/vel/b//jn dot c//om

"Ding, congratulations host on accumulating a revenue of 3.6 billion today, would you like to activate the random multiplier?"

To say he wasn’t excited would be a lie.

Chen Pingsheng had never accumulated such a massive amount of funds before.

After murmuring the activation phrase, the Golden Dice materialized, swaying and rolling non-stop.

This was a deal that could net tens of billions with just a jump.

How could he not be excited?

It can only be said that it would be a colossal sum of money that would make anyone wake up laughing, even after going to bed late.