Reaching the age of thirty, my income randomly doubled-Chapter 881 - 665 Large Capital Game_2

Snacks Dash will oversee the expansion and acquisition in the department store snack sector.

Antler Coffee is responsible for bubble tea and the anticipated growth of the beverage industry, including a series of early-stage investments in drink products, such as supermarket-sold One Dew.

Teng You Media will merge entertainment, dining, fashion, short video, department store, and other businesses.

As for the Tenghui Department Store properties in four major first-tier cities.

The future plan is to integrate investments in other department store sectors within the group.

This merger is not limited to projects alone; it also includes teams and investment fund divisions.

Put it this way—after the merger is complete, Snacks Dash will quickly reach the trillion-yuan scale, while Antler Coffee will start with a valuation of 20 billion USD.

Under its umbrella, there will officially be four large-scale listed conglomerates, each exceeding a trillion in valuation: Teng You Media, Antler Coffee, Snacks Dash, and Tengde Era.

In the future, when Tengfei New Energy goes public, its valuation is expected to surpass 300 billion, alongside Tengfei AI.

He alone will possess at least six massive unicorn conglomerates.

Rather than the past scenario of endless small projects and a heap of mid-sized listed companies.

This is fundamentally disadvantageous for conglomerate management—only by consolidating these industries can the company better withstand future market risks.

Furthermore, the investment departments of various conglomerates will all be merged into the Dream Fund.

The scattered investment teams will be centralized to build a top-tier domestic investment fund.

Future project investments by the Dream Fund will follow two cash-out models.

One involves packaging acquisitions by his listed companies, akin to reverse takeovers but faster in execution.

The other involves independent IPOs, which would take at least four or five years to materialize.

Though slower, the long-term growth prospects are greater.

At this point, he has already arrived at the same stage as Alibaba and Tencent.

If you were to count the total number of projects under his portfolio, you would be unable to tally them all.

Even he isn’t sure how many there are—he simply consolidates the larger ones and merges the smaller projects under his umbrella.

Thus, strengthening the strong even further.

Due to the large-scale industry consolidation, significant changes are also happening to personnel within his corporations. frёeωebɳovel.com

First, the most highly valued Teng You Media will continue to be led by Zhang Wanyi as its president.

Bai Xin, meanwhile, will remain as president of Tengying Entertainment while also serving as vice president of Teng You Media.

The former president of Fei Yangyang, however, doesn’t enjoy the same status—given Fei Yangyang’s scale, it couldn’t justify holding a vice-presidential role at Teng You Media, nor secure a board seat.

He is merely positioned as the head of Teng You Media’s dining division.

For Teng You Media overall, Zhang Wanyi remains the executive president, alongside five vice presidents.

The board of directors consists of eleven members, including overseas representatives such as Tong Zelan and Shen Nanpeng.

Meanwhile, he continues to serve as chairman of the board with the highest authority.

Unless there are major resolutions, the chairman generally doesn’t intervene much.

Similar organizational restructuring will take place at Antler Coffee and Snacks Dash.

However, the Dream Fund is different—it has already reached a massive scale, and following this merger, its cash flow now exceeds 30 billion, making it financially and manpower-strong.

Its executive president position fell into the hands of Chu Qiuyan, while Lin Qiunan continues as project manager there.

After three years of battling illness, Chen Pingsheng has identified one major factor contributing to losses in traditional enterprises.

Beyond unfavorable market conditions, the key issue has been his overly dispersed personal focus.

He simply couldn’t attend to so many listed businesses, leading traditional corporations to face sluggish decision-making in crucial areas.

This is a common problem in large, diversified enterprises.

Now, thanks to a series of restructurings, he only needs to manage a few large conglomerates.

Unlike before, where he would deal with one company’s issues today and another board meeting tomorrow.

Even if he hosted twenty meetings a day, he couldn’t finish them all.

Not to mention the high-profile figures he had to host—some requiring his personal attention.

Industry consolidation does not translate into hierarchical management but rather continues to employ flat organizational structures.

This maximizes the independence and decision-making power of these projects.

This approach draws on experiences from Alibaba.

Like him, Alibaba has invested in countless projects and aims for control over others, but often within a few years, what seemed like promising ventures inexplicably fail.

This stands in stark contrast to Tencent.

Tencent once committed the same mistakes until several massive failures forced it to abandon its controlling ambitions.

It shifted towards traffic-based support instead.

This change made Tencent far more successful in investments than Alibaba—by countless multiples.

The difference is stark.

Chen Pingsheng is determined not to make such obvious mistakes, so his enterprise restructuring and consolidation primarily aim to empower smaller companies and projects.

For instance, merging Fei Yangyang into Teng You Media allows it to immediately benefit from Teng You Media’s influencer traffic.

Similarly, Tengying Entertainment can leverage Teng You Media’s traffic in areas such as promotional campaigns and short video-driven sales for lesser-known artists.

These are obvious advantages. Unlike the 1990s, the best advertising resources are now in short video platforms.

Other businesses will also benefit significantly.

For example, by integrating Bobo Milk Tea into Antler Coffee, it instantly becomes the "Diva" of the bubble tea industry.

It can then launch its own milk-tea-plus-coffee combinations and expand its coffee delivery service across nationwide streets and neighborhoods.

Moreover, it plans to launch bottled beverages in supermarkets next.

Although a single solution cannot address all the issues facing the group, it’s evident that the restructuring process has greatly strengthened Tengying Group.

To outsiders, Tengying Group now resembles a highly diversified and massive conglomerate.

Tengying Group is officially divided into five major conglomerate units.

These include Teng You Group, Lujiao Group, Snacks Run Group, Dream Investment Group, and Tengfei New Energy Group.

This is also its most heavily invested conglomerate—Tengde Era is part of this unit.

In the future, Tengfei New Energy’s IPO will also be within this unit.

Overseas assets are not integrated locally but are instead allocated to an overseas investment fund.

The newly acquired Wanda Business Management will also not be merged here, as it is itself a juggernaut.

Wanda only needs to empower the group’s high-end offline retail channels and brand resources.

For its part, Teng You Media has long been favored by the market for its stringent selection channels.

This is closely tied to Chen Pingsheng’s experience managing many department stores—short-term influencer-driven sales rely on hype.

Long-term sustainability must depend on quality.

Through this major market restructuring and consolidation, regardless of external perceptions.

It reflects an overarching market trend; take bubble tea sales as an example—if you only aim to sell good bubble tea, the initial stages may not be too difficult.

But once you grow larger, the challenges become immense.

Competition, management strategies, and operational methods will be entirely different.

The survival space for small businesses will undoubtedly become increasingly narrow.

Because many larger enterprises have already completed comprehensive transformations.

Just like internet companies cannot survive long-term on singular products, traditional sectors are no different.

Big corporations are playing the "snake-eats-snake" game, expanding through capital—large fish devouring small fish step by step, increasingly squeezing ordinary people’s entrepreneurial opportunities.

For average individuals, the best future path will no longer be starting businesses but instead working within one of these major corporations.

This reflects the chaotic expansion of capital.

Chen Pingsheng is relatively better—in the current phase, he is merely consolidating and restructuring his own affiliated enterprises.

Once these corporations are fully restructured, leveraging the existing scale of Tengying Group, he can effortlessly consume traditional sectors and other areas of interest entirely.