Chapter 592 Reserve Cash

December arrived as expected.

After Chen Pingsheng moved the headquarters of the group, it was so magnificent. Overall, Tengying Group has become the top first echelon among domestic private enterprises.

It is in the same column as Ali, Big Penguin, JD.com, etc.

It is still unknown what the future will be like, but for now, it is definitely very good.

The weakness of Tengying Group is that there is no main enterprise with a market value of 100 billion US dollars, which is also the main reason why Chen Pingsheng wants to focus on Tengfei New Energy.

He presided over a series of work here, but the staff in Han City sent a different situation.

The general meaning is that there may be an infectious disease there.

It is very contagious. Although there is not much news outside, Tengying Group, which has physical stores all over the offline, has received the news in advance.

It’s just that the news was intercepted before it was passed to the President’s Office.

This is not intentional by the people below, but they think that such news is not a big deal and does not need to be handled by the President’s Office at all.

Chen Pingsheng had accumulated a lot of luck points from this room distribution. When he distributed these things to his family, he obviously felt much better.

The biggest benefit of this thing may be to avoid disasters and live a peaceful life.

Of course, it can definitely avoid diseases.

This is also one of the reasons why Chen Pingsheng likes luck points.

The days passed slowly, and in the middle of December, Han City sent three documents in a row to inform that the disease was highly contagious.

It can be said that if there is any contact, it is impossible to avoid it.

The first two times, all these documents were intercepted in the office. It was not until the third time that this document was sent by the highest person in charge of Han City and countless local store managers.

It was finally delivered to Chen Pingsheng's desk.

The first few words at the beginning of the document were unprecedented and unpreventable.

The severity of the disease and the strong contagiousness of this disease are simply the most in history.

If you get close to it in the crowd, this thing can get you immediately.

It can even be spread in the air, which is very scary.

Chen Pingsheng only took a few glances, and his brows unconsciously frowned.

After he made three phone calls to the president's office to inquire, he immediately convened a meeting at the group headquarters.

No matter what, immediately, all the staff of all stores in Han City are evacuated.

Han City is the provincial capital.

If you want to say how many staff members Tengying Group has in the provincial capital, there are more than 20 Feiyangyang there, with more than 1,000 staff members.

If you add Bobo Milk Tea, Lujiao Coffee, Snacks Kuaipao and other corporate chain stores.

At least not less than 15,000 people.

Chen Pingsheng didn't care how much loss the closure of a store in a provincial capital would cause to the entire group.

No matter what, people should be the main thing, and economic losses are secondary.

Such a large-scale store withdrawal also made many colleagues confused.

In fact, those who stayed there knew some of the situation, and those who were well-informed outside were still waiting and watching.

Very few were as direct as Tengying Group, directly announcing the withdrawal of stores across the city.

Not only did he close the store, but he also transferred all the companies there.

The group naturally knew what happened, and Chen Pingsheng had already said it directly in the high-level meeting.

The documents were also shown to everyone. It can be said that if these documents had reached him later, no one knew what the consequences would be.

But now, he has transferred all the Tengying people in Yicheng.

Where these people are arranged to go has not been notified yet.

First, all of them went home to wait for news, and their salaries were paid.

Chen Pingsheng not only closed the store, but also asked the Institute of Economic Research to make a judgment based on the news sent back from there.

There is still too little information to predict whether this wave of illness will have an impact on cities outside Han City.

More than 90% of the experts at the Institute of Economic Research believe that at most it will be the same as the SARS in 2004.

At most, it will have an impact on Han City, and will not have any impact on other places.

Although there is no problem with this prediction, Chen Pingsheng still frowned and thought for a long time.

He took out 3% of Meituan shares in his hand and prepared to cash out all of them.

I originally planned to stay for another year or two, but Meituan’s current market value has reached 120 billion US dollars.

Converted into RMB, it is 800 billion Hong Kong dollars.

Even if it is the highest intermediary in the domestic catering industry, this market value is not low.

It is unlikely to rise much higher in the next few years.

Whenever there is a crisis, stockpiling food first is always the right choice.

In this wave of cashing out, he can cash out 3.6 billion US dollars.

Converted into RMB, it is about 25 billion, and Tengfei New Energy’s development funds for 2020 have been fully collected.

This money is used by him to prevent a larger outbreak of this wave of illness.

Of course, he does not think that more than 20 billion is needed, and he still plans to invest all the extra 5 billion in Nvidia.

This stock has really become a monster stock, rising and rising, as if there is really a chance to break through 1 trillion US dollars.

Before he threw another 50 in, it only rose from 1.4% to 1.7%.

5 billion is only enough to buy back 0.3% more.

Meituan's stock price is also rising sharply. He doesn't know whether he has made a profit or a loss with this reduction and increase.

Anyway, he wants to reserve tens of billions of cash for himself.

This will make him feel complete.

Among the several large stocks he invested in, except Meituan, the only ones with high stock prices are Pinduoduo and Douyin.

He has 5% of Pinduoduo and 3.5% of Douyin.

Pinduoduo is also a monster stock this year, and its growth is out of control.

It has a market value of 150 billion US dollars, and Chen Pingsheng also decided to cash out 2%.

Reserve 3 billion US dollars again.

He likes to make the worst plan, in case this wave of disease cannot be eliminated in Han City, and even spreads for a few years.

With the more than 40 billion in his hands, he can also be at ease.

When it comes to the critical moment, cash flow is king.

After cashing out 20 billion again, Chen Pingsheng will not touch these valuable stocks in his hands. He doesn't believe that he has 40 billion in cash in his hands.

What big hurdle can't be overcome?

He secretly reserves this money and tells no one except his wife.

Prevent others from borrowing money from him.

The news from Han City has been heard by many well-informed companies in China.

The analysis of the situation there is almost exactly the same as that of his own Economic Research Institute.

He believes that it will be over soon.

But no one knows how long it will take, not even Chen Pingsheng himself, let alone others.

He even canceled his original plan to go back to Nan Province for the New Year.

It is more reliable to stay in Shanghai, or more accurately, in Jinshan.

After reserving a huge amount of cash flow, he is not panicking at all.

The money in his hand is enough to cover the wages of his physical stores for several years of closure.

There is no high risk.