Reborn since 2005

Chapter 817 Another listed company

Cai Qixiang is no longer doing well.

This was the conclusion Yan Xin came to after visiting him.

Whether or not we can survive this year is unknown.

Moreover, living in such a miserable state is actually a torture for him.

Whether it is chemotherapy or cancer itself, both cause serious damage to the body.

Yan Xin did not hide his judgment from Ai Lili, asking her to be mentally prepared.

Ai Lili felt very sad when she heard this and said to him:

"In fact, I also understand that he won't live long like this. But I still feel sad when I think that he will leave this world before he can see Xiao Kun grow up."

The old man has been living for his grandson these years. Now he is enduring such torture, but he has to hold on because he is worried about his grandson.

Ai Lili understood, and Yan Xin understood too.

I feel particularly emotional about this.

What can comfort the old man a little is that, at present, Cai Kun seems to be a very outstanding child. He has good academic performance, basically getting full marks, and has not shown any unreasonable problems. He seems to be very sensible.

Perhaps Cai Qixiang felt that he had been too lax in disciplining his son in the past, which resulted in him becoming a harmful waste and eventually leading to such an end.

Therefore, he was quite strict in disciplining Cai Kun. He had very high standards for what should and should not be done. Although he attached great importance to this child, he did not spoil him.

Later, Ai Lili came to help take care of the child. Ai Lili of course knew that it was not good to spoil the child too much and cultivate bad habits, so the standards were very strict.

——This person will be the face of the Cai family in the future, so he cannot be left to waste.

Being strict but not harsh, with relatively high requirements, and not beating or scolding the children, but guiding them patiently and kindly, and guiding them in a good direction imperceptibly.

I also often consult education experts on how to deal with problems.

With such education, Cai Kun appears to be very sensible.

He leads a pretty positive life and doesn't have any mental problems due to strict upbringing.

This also made Yan Xin very pleased.

After Feng Xi followed him here, he stayed in Yangcheng for two months.

Anyway, it’s not long since I gave birth, so it’s not suitable for me to go to work. I can just handle company matters online.

There is an excellent team there, and there are not many things that she needs to handle personally, so it won't be a big problem for her to stay in Yangcheng.

If there are some things that require her signature before they can be executed, the company can also send the documents to her.

Now that transportation is convenient, those are not a problem.

Living in a big villa, there is not much work to do in a day, and more time is spent on postpartum conditioning and restoring my figure.

She doesn't need to take care of the child herself, she can just ask someone else to do it.

This day saved her a lot of trouble.

Her son Yan Shilin is over 4 years old, two years younger than Cai Kun, but there is not too big an age gap. The two children can still play together and get along well.

Chen Li and his wife also live here. They have two children, a son and a daughter, who can also play with them.

Cai Kun’s childhood was not lonely.

Yan Xin spends less time in the company now, and he is not very good at this.

When Ai Lili is at work, he will also take some time to accompany Cai Qixiang.

But I am not with you every day.

The Cai family has medical staff and a nanny to take care of Cai Qixiang, so he doesn't need him or Ai Lili to be with him all the time. He can still live his own life.

In the spring of 2016, the most important thing for Yan Xin was the listing of Xingwen Group.

In mid-April, Xingwen Group went public.

Although the original online novel platform was the largest platform for Chinese online novels and occupied most of the entire online novel market, it was affected by piracy and the platform was actually not very profitable.

It took many years to turn from loss to profit.

Boss Chen originally wanted to plan for an IPO because the profitability was too poor and he could not get a valuation that satisfied him, so he simply gave up on the IPO and chose to sell it in a package.

However, after this platform merged with Starlight Film and Television Company to form Xingwen Group, its profitability increased by leaps and bounds, from a profit of 100 million yuan in the previous year to a profit of more than 1 billion yuan last year.

Moreover, novel writing and film and television production, two upstream and downstream industries, have been integrated together, which complements each other's advantages and further increases their valuations.

In addition, behind this company is Yan Xin, who ranked second on the 2015 domestic rich list. This can also add value to the company - because this means that the company has no shortage of financial support and has greater room for development.

It was welcomed by the market on the day of its listing.

The company's stock price more than doubled that day, bringing the company's market value to over 50 billion.

Starlight Group owns 60 percent of the company.

That’s three hundred million.

Yan Xin and Gu Ru, the two major shareholders of Starlight Group, hold 64% and 16% of the shares of Starlight Group respectively. The other 20% of the shares are used as rewards to employees.

By this calculation, the market value of the stocks held by Yan Xin increased by another 10 to 20 billion.

Gu Ru also has a net worth of four or five billion.

It made her feel like she was dreaming, and she said to Yan Xin on the phone:
"Have I become a billionaire just like that? And a billionaire at that?"

"Yes, that's it." Yan Xin told her with a smile.

But it's just a number.

Those stocks are held by the Starlight Group and are not distributed to individuals. These so-called wealth are just calculated according to the proportion to make oneself happy.

It is actually not tradable.

So, the reality is that Gu Ru still owes Yan Xin tens of millions of RMB.

She is just a digital billionaire, and the money cannot be converted into cash yet.

But she didn't care that much.

Anyway, investing in Yan Xin has made her a lot of money.

At that time, she invested only a few hundred thousand, but now the return she has received is hundreds of millions.

Not to mention the tens of billions of virtual assets.

Those tens of billions are just the value brought by Xingwen Group.

Among the companies invested by Starlight Group, Xingwen Group is not the most profitable one, not even the second.

Before it, there is the Starlight Culture Communication Company, which created the Starlight short video platform and Starlight International Edition, and the Starlight Game Company, which has released many popular mobile games.

If these two companies were to go public, their market capitalization would be even higher.

With Gu Ru owning 16% of the shares of Starlight Group, her wealth will be even more terrifying by then.

Chen Li had previously obtained some original shares of Xingwen Group - these were not given as gifts, but were allocated with certain indicators, and then purchased with money.

When the company went public, the market value of the Xingwen Group stocks he owned would exceed 100 million yuan, making him a billionaire in RMB terms.

However, he currently has no intention of selling those stocks for cash. He is more optimistic about the future of Xingwen Group and believes that the stocks in his hands will be more valuable in the future.

He didn't get that many shares, but the appreciation was that much.

So he was more curious about Yan Xin's income.

I asked him seriously, "Xingwen Group is now listed, and the stock price is doing so well. Do you think you can go one step further and become the richest man in China this year?"

Yan Xin shrugged: "I'm not that optimistic. My wealth is growing, but so is the wealth of others. Maybe this year I won't even be able to keep my second place on the domestic rich list, and I'll fall behind the top three."

He did not have a strong obsession with becoming the richest man in the country. At most, he wanted to get the title and then ask the mysterious Cat Sister whether he wanted to fulfill his promise and meet her in real life.

Anything else is just a false name and does not represent the real wealth you possess.

Last year, Feng'an Group's investment in real estate was quite conservative, as it only acquired a few plots of land, which was very different from those real estate companies of the same size that were booming.

The main investment is still used in the development of previous projects.

Land acquisition will be further reduced this year.

It’s not that we don’t participate in land bidding, it’s just that the price we offer is relatively low and we can’t compete with those fanatical peers.

If you know that this industry will go bankrupt in a few years and still invest huge amounts of money into it, then you are simply crazy.

However, his decision met with dissatisfaction among many employees in the real estate sector of the group.

The company is not active in investing and there are fewer new projects, which will affect their performance and at the same time their income.

Yan Xin often receives suggestions from his employees, urging them to show greater courage and actively participate in land acquisition, so that the company can make more profits and have better development.

But he suppressed all these opinions.

Others don’t know what the future will be like, but he knows, and he won’t give in to those people.

——He is the largest shareholder of the group. If the group falls into a pit, he will be the one who suffers the greatest loss.

Some of those employees have some shares in the group, while others have no shares at all. When the group is in trouble, they can just walk away.

And the performance rewards they received during this period of rapid expansion actually went into their pockets.

They are certainly not that worried about this issue.

But Yan Xin couldn't help but worry.

No matter what the people below said, he still insisted on his decision.

Even if some employees colluded and threatened to resign collectively to force him to surrender, he refused to give in.

If you want to quit, just quit.

This is to prevent the industry from entering a cold winter period with no work to do and having to support so many idle people.

In his opinion, these people were taking the initiative to reduce the burden on the company, so of course he would approve it.

Someone resigns almost every week, and most of them are approved.

Rumors began to spread in the industry that Yan Xin was not optimistic about the future of the real estate industry.

There were also financial media that came to interview Yan Xin about this issue.

In this regard, Yan Xin said:
"I think there is still a lot of room for development in the real estate industry, but I also think that investment in this industry is a bit overheated. I think it should be cooled down. Of course, my opinion may not be correct, but Feng'an Group has indeed implemented a relatively conservative development strategy in the past two years."

He cannot say that the real estate industry will enter a cold winter period in a few years. Given his current position in the industry, saying such a thing would affect the interests of many people.

That was a group he couldn't afford to offend.

You can't be so pessimistic directly, you can only express your opinions more implicitly, and you must also emphasize that this is your personal opinion and may not be correct.

Now that housing prices are rising rapidly, his views are not taken seriously.

The rise in housing prices is not a bad thing for Feng'an Group because they still have a large number of projects under construction and many properties for sale.

It will take at least four to five years to develop all the projects we have.

The higher the house prices, the more they earn.

Now Feng'an Group is still investing loans in the real estate industry, but the amount of loans is not as large as before, and it is not as strong as those fanatical peers.

Their houses are selling well, and because house prices are rising so quickly, their profits are very high and their sales are hitting new highs.

Part of the funds obtained from the sale of the house was used for development, and part was used to repay the matured loan.

There is not much pressure on funds.

Compared with peers of similar size, their debt ratio seems too low and a bit too safe.

For a developing company, a debt ratio that is too low is not something to be proud of. It means that the company's investment tends to be conservative and it does not have that much potential in the future.

But Yan Xin doesn't care about this.

He just wants to reduce investment in real estate and spend more money on other areas.

We need to transform.

This point is not widely recognized within the industry.

This also caused him to be ridiculed by some people, who said he was too conservative, and some people even looked down on the future of Feng'an Group.

As a result, the stock price of Feng'an Group has fluctuated significantly.

When the domestic rich list came out in October this year, Yan Xin would not be surprised to find that his wealth had shrunk compared to last year.

The wealth on the rich list is mainly calculated based on stock prices, which is inherently very unstable.

Fortunately, although the stock price has fluctuated, Feng'an Group's profits are growing and its profits are increasing.

This is real wealth.

Therefore, Yan Xin was not very concerned about the fluctuation in the stock price.

Feng Xi followed him to Guangzhou in March and lived there with her children until May. Her health had returned to normal, and then she took her two children to Beijing.

There’s nothing wrong with being lazy for a month or two, but if you keep being lazy all the time, that’s definitely not okay.

I still have to go to the company and take a look.

Of course Yan Xin followed him.

However, at the end of May, he returned to his hometown again.

It wasn't that he was going home to visit his relatives, but the first prototype car produced by Feng'an Automobile Research Institute was out and he had to go and take a look.

Their car factory is still under construction and will not be completed until the end of the year at the earliest.

It will take longer to achieve large-scale production capabilities.

What we produced this time were just samples.

But for the company, it is also a milestone.

Of course Yan Xin had to come.