Chapter 225: Chapter 178: Mom is Confused
He had stayed in Magic City for seven days.
After Chen Pingsheng returned, he obtained 450 million in financing for Fei Yangyang.
After securing this sum of money, he immediately called Gao Hu and asked him to return to Capital City.
The next step for Fei Yangyang was to aggressively expand. 450 million wasn't a lot, but it wasn't a small amount either.
If it were all used to open direct stores, they could open approximately three hundred.
All would be prime locations in tier-one cities.
Fei Yangyang still followed the affordable and popular route, drawing a large target audience with many customers.
Of course, with low prices came low-profit margins.
After this expansion, Fei Yangyang's annual profit could potentially increase to around two billion.
Using the twelve-time price-to-earnings ratio from Xiangjiang, its valuation would be between 25 and 30 billion.
This was perfectly in line with the valuation of round D.
Gao Hu, having returned, was naturally extremely excited.
The main reason was his role as CEO of Fei Yangyang, which was becoming increasingly significant.
Not to mention anything else, just by mentioning he was the CEO of Fei Yangyang when chasing flight attendants,
The flight attendants would mildly decline at first, but eventually, they would obediently join him for late-night meals and go to hotels.
This was the influence of Fei Yangyang today.
Absolute major catering enterprise.
Once the 450 million was fully spent, he would become a well-known figure in the catering industry.
However, exactly how to spend it still needed some discussion.
If the money was distributed among the three top-tier cities, it would actually be hard to establish city influence.
The main issue was that it was too scattered.
Additionally, the operation in Sha City also demonstrated an issue—Fei Yangyang's affordable strategy not only suited tier-one cities but was even more successful in second-tier cities.
Mainly because the costs of opening stores in tier-one cities far outweigh those in second-tier cities.
For example, in Capital City, opening a Fei Yangyang would cost around 2 million.
In Sha City, one million was sufficient.
The profits between the two were actually quite comparable.
Because the consumption level was completely the same, Fei Yangyang didn't raise the menu prices just because the start-up costs in tier-one cities were higher.
So, considering everything,
It would be more appropriate for Fei Yangyang to use this money to open stores in second or even third-tier cities in Guangdong.
There were many factories there, and the consuming population was the largest.
As for places like Magic City, Shenzhen, and others, opening a few stores symbolically for testing the waters would suffice.
Focusing efforts on capturing the Guangdong market was key.
Although the locals enjoyed visiting farmhouses, farmhouses were mostly frequented by local wealthy people.
Fei Yangyang, on the other hand, was clearly suited for all types of people.
Chen Pingsheng agreed with this idea, focusing on opening stores in Guangdong first was indeed a good move.
Gao Hu returned quickly and ran even faster.
He now rather enjoyed flying, mainly because there were flight attendants on board.
He just liked this female profession.
With money and fame, chasing after flight attendants was indeed effortless.
A night's meal money could easily seal the deal.
As for the money in the card, it was just for show.
Chen Pingsheng didn't bother managing his bad habits, as long as he did his job well, he didn't care about the rest.
By late May,
It was just a few days before Chen Xinyi's first birthday.
Chen Qi came to him mysteriously asking for help.
"Brother, could you perhaps start selling durians from a tricycle on the street again?"
"Are you out of your mind?"
Chen Pingsheng felt she was joking; with his current stature, did he really need to go back to selling durians on the streets?
Chen Qi quickly explained, "Don't get me wrong, it's just that I found a boyfriend and I told him my brother sells durians in the street, he wants to come see you tomorrow."
Chen Pingsheng felt his little sister had the same character as a spoiled brat, utterly nonsensical.
But he couldn't be bothered with those things, "What are you talking about, you have a boyfriend and I didn't know?"
"He's just a regular guy, I was worried you wouldn't agree, and really, he's a good person."
Chen Qi pouted, tugging at his hand and shaking it back and forth.
Just like when she was a child.
No matter what, if his little sister had a boyfriend, he would definitely need to take a look.
After asking for a long time, Chen Pingsheng found out that the man was someone she had met through a blind date.
He had not graduated too long ago from college and was currently selling real estate in Capital City. According to his sister, the man was hard-working and ambitious. Continue your saga on m|v-l'e m,p| y- r
Of course, he was also quite handsome.
Even though she painted a rosy picture, Chen Pingsheng didn't believe it.
The next day, he nevertheless resurrected his three-year-dormant old vehicle at the request of his sister.
And then placed some durians on it.
It had been a long time since he had set up in this way during the hot summer.
Chen Pingsheng positioned himself not far from his home, and around noon, his little sister Chen Qi arrived in a used Santana.
If this car was still running, it truly lived up to its name as a legendary vehicle.
Chen Qi got out of the car.
Chen Pingsheng didn't look at her but turned to glance at her boyfriend.
He appeared neat and tidy, the standard real estate agent attire of a white shirt and black trousers.
He seemed quite okay.
"Wen Hao, this is my real brother, Chen Pingsheng."
"Big brother, hello, I'm Liu Wenhao. I came today to invite you to have a meal at my home."
Liu Wenhao smiled mysteriously; Chen Pingsheng felt he might be hiding something.
"Sure."
Without saying much, he nodded and then prepared to go with him.
On the way, he also made a call to the legal department of the group, asking them to investigate as soon as possible.
Throughout the journey, Liu Wenhao was quite talkative, initially meeting Chen Qi as a real estate agent.
His diligence and hard work were the keys that touched Chen Qi, and as for information about his parents, that was mostly concealed and scarcely mentioned.
This time was also the first time he was taking Chen Qi home for a meal.